Altcoin Alerts x Nitro League AMA Recap
Altcoin Alerts Community had an Ask Me Anything session with Manuel Machado (CCO) and Gasper Stih (CMO) from Nitro League on 11th Dec 2021
Segment 1: Nitro League Introduction & Q/A with Altcoin Alerts Team
Altcoin Alerts: Hello Manuel Machado
Hello Gasper Stih
You guys are welcomed to Altcoin Alerts Community
Manuel Machado: Hello guys! very excited to be here
Gasper Stih: Hi there
Altcoin Alerts: Glad to have you guys
Gasper Stih: Let me share where we are right now😁
Altcoin Alerts: Go for it
Manuel Machado: Yeah Gasper, flexing from the very beginning
We are doing ann here😉
Let’s jump into this 😂
Altcoin Alerts: Best wishes for the ann
Good to know that
Gasper Stih: For people who doesnt know it’s Abudhabi F1 race event😉
Altcoin Alerts: Intresting!
Let us start with introduction.
Can you please introduce yourself & your journey in the cryptocurrency field? Also, please introduce Nitro League.
Manuel Machado: Hi all, Manuel here, CCO of Nitro League, so taking care of building our gamer community and our ecosystem of partners.
being in crypto for 5 years, global head of blockchain for a big payment service provider but especilly working and investing with startups, now focus on nft, play to earn, dao and tokenomics.
Gasper Stih: I’ll just present myself, leave nitro to Manu
I’m the cmo of Nitro and running marketing operations for it. My crazy crypto history is from 2017 and since then i was more or less always on great crypto projects✌️
Manuel Machado: We are launching a sports-related metaverse which is mobile first but evolving to a fully immersive experience. We are starting with Nitro League, a fantastic car racing play-to-earn game, with an NFT marketplace powered by our partner Terra Virtua, and with game mechanics, graphic art and tokenomics done with the best in the market.
Altcoin Alerts: Amazing guys
Sports-related metaverse is new in this choas of metaverse
Manuel Machado: Yes, it’s were we are evolving with our Nitro League Game, and our vision is even crazier
Altcoin Alerts: Please share the key features of Nitro League Game. When can we expect its launch? Can you please share Game trailer also?
Manuel Machado: The launching will be Dec 13th which is IN TWO DAYS!!!
Altcoin Alerts: That’s really exciting
Manuel Machado: It is absolutely competitive! You will have multiplayer races, you will have clan races.
You can even race someone for their car! Your Car is your way to win. how you design it and enhance it with upgrades is how you develop your edge against other racers.
We will also work with reputation and Experience, to help you climb up the ranks in the game to unlock more. As you move up in rank, you can start your own clan, with your own flag and bring your friends to join you.
Gasper Stih: https://youtu.be/7ZyDbpt-7p4
Launch of ido
For the game you will have to wait a bit
Altcoin Alerts: Nitro League recently raised $5M raised from top VCs and Gaming Guilds. Can you please share your investors and partners?
Manuel Machado: This is one of the secret sauce behind Nitro League, we have a lot of top advisors and smart money investors helping us build this game and future metaverse.
Investors: YGG Southeast Asia, Huobi Ventures, Woodstock, Morningstar Ventures, YGG Global, Axia8 Ventures, Skyman Ventures, Double Peak, LD Capital, Calisto Capital, Infinity Ventures Crypto, NGC Ventures and Metagaming. The funding round was led by SL2 Capital.
Altcoin Alerts: Great! Some really familiar names
For everyone who is interested in Nitro League, please share your IDO details. Also, please share details like Token Price, Tokenomics etc.
Manuel Machado: The token utility: NITRO, an ERC20, all the cars are NFTs.
The parts and upgrades are also NFTs.
Skins, spoilers, rims, steering wheel etc. all of these basketed together make your car.
Tickets are also purchased with Nitro to enter the races, Your garage (your gallery) is where your car, artwork and robot are stored,
Basically everything is an NFT, even the robot in your garage.
You can stake to earn reward multipliers… there are so many things…
Gasper Stih: Ido starting on 13th on polygen
And 14th copper👍✌️
Altcoin Alerts: That’s amazing.
Segment 2: Twitter Questions
Q1. Many games nowadays charge a high fee to start the game & therefore start with a small player base. Does Nitro League Game have an entry fee or initial requirement & if so, what is it? Do I need to hold NFT or hold some tokens to enjoy & play Nitro League Game?
Manuel Machado: There will a free to play version where player will be able to get rewards, so not a prerequisete.
Q2. Can you share some Details about Recent Major Achievements done by your project? Also, what are the Future Roadmap & Targets of your project?
Manuel Machado: Well, there are a lot, we got our private investment (5MM), I’m writing form an event in Abu Dhabi F1 Grand Prix complex where we are announcing our IDO next week, we have a whitelabel NFT marketplace provided by our partner Terra Virtua, one of the best. In a few days we will launch our orginal series of NFT 3D Cars on terra virtua which look amazing.
We onboard our leading team who is working day and night… and the future looks busy too.
Q3. Revenue is an important aspect for all projects to survive and maintain the project or company. What is the way to generate profit or revenue of token? What is the income model Nitro League?
Manuel Machado: We have several streams:
- We have a marketplace for our NFTs.
- We have Fuel credits and NITRO tokens which are required to operate for the game mechanics.
- We have continuous upgrades to your car.
- TICKETS are purchased or rewarded to enter races and tournaments.
- We are developing a full metaverse where we will be integrating different crypto service providers like DeFi.
All of these will also ensure a great demand for the Nitro token, and when we develop the full metaverse, it will be even stronger.
Segment 3: Nitro League Q/A with Community
Q1. Do Nitro League have any
- Telegram Group
- YouTube channel
- Tiktok Channel
For this project? From where we can learn something? Please share with us link.
Gasper Stih: https://linktr.ee/nitroleague here is everything
Q2. Do Nitro League have any Coin Burn / BuyBack systems or any Burn plans told or Staking plan to increase the value of Token & attract Investors to invest?
Gasper Stih: Staking from day 1. No burning. We are doing this for a long run. Check our tokenomics on the page it will give you clear pic.
Q3. I see a high spike in Gaming and the Metaverse in the modern environment. As a Metaverse, How are you and your team working to incorporate these two key characteristics into your System? With the metaverse as the basis of this strategy, what is the difference between gamers & users in Nitro League?
Manuel Machado: The metaverse is rather a vision towards we work, it means eliminating friction for all of us to be able to enjoy the benefits of the digital world, and in some cases a bridge with the physical one. We are then working on a mobile-first experience today but all our assets are fully ready for immersive experiences. We are also integrating the whole community, so sports audience, defi service providers, guilds, etc.
Q4. Where did you get the inspiration of creating Nitro League? How did you decide on this name? Can you please tell the story behind?
Manuel Machado: Actually, I’m not sure where nitro comes from, we go so fast that never stopped to think about it, wow, this is going too fast!!! 😅
Q5. Can you list 1–3 killer features of this project that makes it ahead of its competitors? What is the competitive advantage your project has that you feel most confident about?
Gasper Stih: We have huge comm, backers, guilds, vc’s and so on… so yeah we are everywhere regarding our public appearance.
Q6. Do you have Whitepaper? If yes, please share it with as secondly Token Project. Do you have plans for pre-sale? Now where can we Join it?
Gasper Stih: We do on our web page
Q7. At this time Hype and interest in NFT games continues to increase. Do you think this interest will increase with the Nitro League game? Does the Nitro League have a good structure that can attract crypto lovers and gamers to participate?
Manuel Machado: Absolutely, we are addressing the mass market, not only crypto gamers. That means that we have a AAA quality game, fun to use, with wonderful art and easy to integrate with everybody who want to accompany us in this amazing trip.
Q8. Hackers and Scammers are very much active. Can you please give some information about the Security system of Nitro League? How safe is Nitro League especially for long term investors? Do Nitro League have an Audit?
Manuel Machado: We are working with top Blockchain and Security experts, for instance the guys from Holochain, so that everything is securized while keeping the right usability. Smart contracts are being audited, of course.
Q9. I know that in NitroLeagueGame we can increase the value of our car to make it unique in racing. What kind of equipment will be offered in the game to further upgrade the vehicle?
Manuel Machado: There will be a rich range of elements to interexchange in your car to make it unique, your robot in your garage will assist you find the right combination. You will be able also to ujse blueprints, our breeding mechanism, to create new cars, you can race another one for their car…you can break it apart and sell the parts in the market!!!!
Q10. About 4/5 investors focus on the value of the token in the short term rather than on the actual value and health of the project. Can you tell us about investor motivation and benefits for retaining Nitro LEague tokens in the long run?
Manuel Machado: This is a very long project, when we talk about sport-themed metaverse, it is because nitro league is just the first game to launch. The idea is to lauch several ones, users and partners will be able to navigate thorugh a virtual city to reach sports events produced by different games and even external organizations, compete, have fun, etc. We will have concerts, stream events, etc. this is really huge and we are there to build a future metaverse.
Q11. I’d like to buy your token. Where it is listed?
Does your platform have any limitations in a global or specific region?
Manuel Machado: It will start in DEXs, to listed next 16th or 17th. We’ll announce the specific DEX and will be published at the same time. Later in CEXs.
Nitro League Useful Links:
Telegram Group: https://t.me/nitroleaguegame
Telegram Channel: https://t.me/nitroleague