BlockTalks x Avocado Guild AMA Transcript!
We recently hosted an AMA with Avocado Guild , on December 18th at 12 PM UTC. Many of you might have participated or many of not. But we make sure no one missed out from the knowledge shared by Brendan, Co-Founder & CEO, & Sunny, Head of Community at AG So here we are up with the AMA transcript, for those who missed the live session, this blog post will be a saver & feeder of knowledge for them.
Introduction Questions Asked By Team BlockTalks!
Q1. Could you please introduce Avocado Guild to our community in layman’s term?
Ans — Avocado Guild is the largest play to earn guild in the space of blockchain gaming. We provide NFTs for over 10k players to use to earn yield across multiple play to earn blockchain games. We revenue share with our players (aka scholars) and we also help onboard traditional gamers into the opportunities in blockchain.
We’re here to lower the barrier of entry into this gaming technology and revolution and promoting the growth of the space.
Q2. What are the advantages of Avocado Guild to the other alternatives in the Blockchain field?
Ans — One of Avocado Guilds advantages is our ability to scale and develop technology quickly to onboard scholars across multiple games. We are invested by Polygon, Solana, BSC growth fund, algorand etc because we plan to help onboard new users onto those chains through play2earn gaming.
Another one is we put a face to all our ground based humanitarian work
We are here to build up the ecosystem but also truly improve the lives of our scholars.
Q3. What are the major milestones Avocado Guild achieved so far & what are in the future pipeline?
Ans — Avocado Guild has earnt over 73m slp, grown to over 10.7k scholars that all play axie infinity and some in other games. Improved the lives of thousands of people. Held many offline events to educate the community on crypto based gaming opportunities and introduce web3 technology to the masses. We are currently about to release the $AVG token which will transition Avocado Guild into Avocado DAO and the profits and future profits of our operations will all accrue back to the token holders of our DAO tokens. We want to be able to provide more to many and do something real with Crypto. We will continue to scale and provide opportunities as we onboard new trad based users into web3 and we will also aim to build a strong DAO treasury through investing, testing, and advising the development of games with the use of our over 10k scholars.
Questions Asked on Twitter For Avocado Guild Team!
Q1. At the heart of every NFT player is the desire to succeed and lead a better life. How Avocado Dao will make an impact in the real world through virtual contribution? How are you building communities through P2E?
Ans — We are building HUGE communities through P2E. Like minded individuals seeking better opportunities are learning about Crypto based P2E opportunities. We are here to held onboard traditional gamers and web2 users into opportunities through gaming as with all new technology. You can now play a game and earn money, enough to make a real life difference. Crypto is difficult to navigate and here at Avocado Guild we help guild you to the opportunities. The Avocado DAO will have host even more offline events than what we host right now to benefit the communities that the scholars belong to and in future we will even move to larger scale activities. Through avocado Guild, gamers from all over the world are working and earning tokens through their contributions in a virtual game. These tokens can be traddd into fiat and used to improve their lives. Bonds and relationships are created through Avocado Guild bbeing the banner that unites scholars from different geographic regions, race and sex to enjoy a friendly environment that exist to benefit their lives.
Q2. The three main values of Avocado DAO project is; Play2Educate, Play2Empower and Play2Enrich. Can you please elaborate and explain to us these three aspect that Avocado DAO is aiming to achieve? How exactly will the project plan to achieve these feats?
Ans — Play to educate is through playing and participating in p2e games, the guild and the games teach the scholars about the opportunities in these games. Theyre educated on what opportunities currently and will exist in the future.
Play2empower, through this knowledge they’re able to make a greater difference to their own lives and the lives of their neighbours, family and friends. They now have the resource and knowledge to make a difference
Play2Enrich, through knowledge their lives can be improved, what we offer is not just $ or the ability to earn $ but the opportunity to understand and learn about the latest technology which we believe will overtake and modify the existing gaming sector. Open up the door way for a new way of earning supplementary income and introduce everyone to crypto and how it can benefit their lives
Avocado DAO will continue to push forward these 3 initatives to benefit the community and help grow the web3 space. Better games will come out, more educated users will understand the space and share their knowledge with others. Avocaod guild to lower the barrier of entry for many new users in the coming months and years.
Q3. One of the underlying motives for the Avocado DAO is to facilitate environments in which more people can be exposed to blockchain technologies and enable them to capitalize on opportunities within different metaverses. This is incredible, so what plans are in place to help accomplish this motive? Will the DAO ensure it provides educational contents from time to time to help newcomers understand the basis of crypto and blockchain in general?
Ans — Yes, the DAO will continue to and expand our current project in offline and online crypto based education. The public barely understands P2E and many people think its unreal. What if I told you we are improving the lives of over 10k + real people? Imagine 10k + people in a stadium with lives improved, even the slightest. There’s no upfront cost for the scholars, just exchange for time. Mobile users are increasing every year playing games that yield nothing… now with the introduction of P2E they can convert gaming time to playing games that help them earn yield. This is all only possible through P2E blockchain technology. As they play more and we introduce more games , they understand more about the different chains and opportunities in crypto. We educate schools on the ground. Scholars within the guild, people in general chat and crypto based discord chats. We have newsletters which feature educational pieces. As we tokenize and develop, we will introduce DeFi into the system too.
Q4. The idea of guilds,as a whole is new.I believe that,guilds will help populate,educate and support blockchain & games among the new adopters. So, which all games or chains are you currently working on? And what all new additions can be expected in the near future?
Ans —We are currently working on a ronin side chain, but it interacts with Ethereum. Some of the other games are on Ethereum, but many are coming out immediately on BSC, and moving forward more on Solana. The different chains all have their own unique advantages. As the blockchain space and technology matures, we will see better games with more balance economics and more educated adopters of these technologies.
I think many games will be coming out on Avax soon too.
Avocado Guild will leverage and teach our scholars about all the games on the different chains that have strong potential
Q5. I have read that your main goal is to bring all active players into the P2E economy and together help shape the future of Web3. If so, could you mention the advantages and opportunities these players will get once they access the platform?
Ans — Web3 is all about community and deecntralized opportunities. Many of these opportunities are in DeFi and now moving towards Gamefi and P2E. Education is the greatest gift that can be received. Teach a man to fish and they will be fed for their lifetime. A lot of the scholars have limited opportunities currently because of where they are and the effects of Covid19 and more recently Typhoon Rai. P2E currently is a ray of hope that can help even a little to supplement what they all earn through these tough times. If you visit our website www.avocadoguild.com or www.avocadodao.io you can see the differences we have made. Once these users adopt and understand web3, they’re already ahead of everyone else who are still living in centralized systems and limited to what is offered through multiple middlemen service providers. With P2E they have no upfront cost to earn tokens. The tokens are like freedom. They can invest or trade that or convert that into any other token they want. An opportunity that otherwise did not exisst.
Questions Asked by our BlockTalks Community Members during live Session to Avocado Guild Team!!
Q1. In addition to profit, I think players/scholars are also looking for fun. Does Avocado also pay attention to fun aspect? How do you select the game that also fulfill in fun aspect?
Ans — Yes ofcourse. A game wouldn’t be a game unless it’s fun. The gaming industry is one of the fastest if not the fastest growing industry in the world. All that is happening right now is instead of paying for games, you’re earning through playing games
Q2. I understand that Avocado is a DAO project, so do your community and $AVG token holders have a say in the management? Can we call $AVG token an administrative token?
Ans — Yes the tokens being released are governance DAO tokens. Eventually the community including the scholars can have say over the direction of the DAO. At first it will start small e.g. where to initiate relief efforts and some basic decisions within games, but then eventually larger scale decisions and tech developments and geographic expansions.
Q3. I think revenue is a very important aspect for a project to survive and sustain the project. How to generate profit tokens? And what is the revenue model?
Ans — Our profit split is 50/50 with our scholars, compared to other guilds that only profit 10% or 20% because they franchise out their guild operations. Avocado Guild operates 100% inhouse and we profit from all our activities.
Q4. As far as I know, you have more than 10,000 fellows in your guild but I would like to know from which countries are these fellows from? What countries are you currently focused on? Do you have plans to globalize your guild and have a presence on every continent?
Ans — They’re currently mainly in Philippines and Indonesia, but we are planning on expanding into SEA e.g. taiwan, malaysia, migrant workers in Singapore etc.
Yes, our allocation of raised funds are covered in the whitepaper which can be found on www.avocadodao.io. The funds will build up tech which web3 is lacking, expand our NFT holdings and crypto based tokens, hire talent to scale operations in multiple games and build up a super strong treasury to ensure the future success of the project.
Q5. There are Different kind of Gamers in Crypto world,
Some are New, Some are Experienced, Some Are here for Making money, Some are here only for the entertainment, Do You think Avocado Guild will fulfils evryone’s Wish?
Ans — 100% it will just take time. The gaming market is HUGE over 140b and growing. Eventually we will be providing opportunities to all P2E based gamers. The games will get better and more sophisticated and traditional gamers will need help to navigate the space. It’s like the introduction of the internet again.
Q6. When Do You plan to launch the token, With what vision do You plan to bring the Token in the Ecosystem?
Ans — We plan to launch the tokens before the end of the year so please keep an eye on all our media channels. WE have MANY plans ahead and tokenizing is essential to help us improve the world