BlockTalks x Crypto Hunters AMA Transcript!
We recently hosted an AMA with Crypto Hunters on April 12th at 1 PM UTC. Many of you might have participated, or many of you might not. But we ensure no one misses out on the knowledge shared by Serkan, Partnerships manager at Crypto Hunters. 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 Crypto Hunters to our community in layman’s term?
Ans — Crypto Hunters is an ecosystem combining gaming excitement with the educational appeal of cryptocurrencies. The company bridges the gap between entertainment and education, providing an innovative approach that appeals to mainstream audiences.
Two big parts of this ecosystem are the Crypto Hunters AR Game and the Crypto Hunters TV Show.
The Crypto Hunters AR Game is a mixed reality ecosystem that merges gaming, entertainment, AI/AR/VR technology, human avatars, and digital twin technologies.
There are four different ways to play the Crypto Hunters AR Game:
1. Social Hunts
2. Live Game
3. Family Hunts
4. Free Game
The Crypto Hunters TV Show is the first-ever adventure-reality show focused on cryptocurrency. The show, which will be available for watching globally, and has an estimated viewership of over 500,000,000 households, is being produced by a group of seasoned Hollywood filmmakers. Eight teams of two crypto hunters will compete to outsmart and outrun each other in a crypto treasure hunt for a $1,000,000 first-place award.
Q2. What are the advantages of Crypto Hunters to the other alternatives in the Blockchain field?
Ans — Crypto Hunters is the first-ever project in the crypto space that aims to solve the problem of mass crypto adoption through entertainment and education. The project itself is based on a futuristic reality TV show, complemented by a mixed reality game suitable for players worldwide. Additional parts of the ecosystem include worldwide chapters, a content creator platform, an NFT marketplace, a smart TV channel and more to come!
Crypto Hunters will revolutionize gaming by allowing users from different regions and realities to play together in one place using their smartphones, VR glasses, or laptops. All of this will be in a high-quality twin world created by Crypto Hunters!
Q3. What are the major milestones Crypto Hunters achieved so far & what are in the future pipeline?
Ans — Crypto Hunters has achieved significant milestones since the launch of its token $CRH about a month ago. The project has gained traction by securing listings on five prominent exchanges: Mexc, Bitmart, Bitrue, BingX and Pancakeswap.
The $CRH token stands out due to its diverse utility features aimed at benefiting both investors and players alike. It offers a range of functionalities designed to empower users, enhancing their experience within the Crypto Hunters ecosystem.
Looking ahead, Crypto Hunters has exciting plans in its pipeline. One notable upcoming event is the "Next Crypto Hunters Millionaires Contest," boasting an impressive $9 million $CHR token prize pool. The contest rules are straightforward: participants hold, buy, and stake $CRH until it reaches predefined price targets of $1, $2, and $3. 🔥
Furthermore, Crypto Hunters has demonstrated a commitment to long-term value creation by locking 90% of the $CRH token supply for five years. This strategy ensures stability and sustainability within the ecosystem, fostering investor confidence. 🤝
Currently, users can engage with Crypto Hunters by downloading the app and creating their profiles. We will release our beta testing phase soon inviting community members to participate and be the first ones to experience by filling out the following form https://forms.gle/bCqFpAp1scM72T8V7
With exciting initiatives on the horizon, Crypto Hunters is poised to continue its journey towards becoming a prominent player in the cryptocurrency space.
Q4. After your token Launch, you created The Next Crypto Hunters Millionaires can you tell us about it?
Ans — A month ago, we unveiled our contest, “The Next Crypto Hunters Millionaires,” to reward community members for their contributions. With over 9 million $CRH tokens in the prize pool, participants stand to win big as the token hits milestone values of $1, $2, and $3.
Q5. What strategies can participants employ to maximize their chances of winning in "The Next Crypto Hunters Millionaires" contest, considering the various ways to earn points and the application of multipliers?
Ans — By strategically combining different methods to earn points, participants can maximize their chances of winning in "The Next Crypto Hunters Millionaires" contest. They can acquire $CRH tokens through exchanges like MEXC, BingX, BitMart, Bitrue and PancakeSwap and then hold or stake them to earn points. Additionally, engaging in social campaigns such as Galxe and referring friends to join the contest can earn points. Understanding the point multipliers associated with each method and adjusting their strategy accordingly to optimize their point accumulation is essential. 💡
More information can also be found on our medium link:
https://medium.com/@crypto_hunters_official
Q6. Could you provide insights into the mechanisms behind the reward distribution in "The Next Crypto Hunters Millionaires" contest, particularly regarding the instant distribution and the vesting process over several months?
Ans — In "The Next Crypto Hunters Millionaires" contest, the reward distribution process ensures fairness and stability. Upon winning, participants receive a portion of their rewards instantly, providing an immediate incentive for their efforts.
The remaining reward is vested over several months, typically with a cliff period of one month where no additional tokens are released, followed by gradual distribution over the vesting period. This distribution mechanism aims to maintain a balanced trading environment and protect the interests of all participants while promoting the long-term value of the $CRH token.
Questions Asked on 𝕏 for Crypto Hunters Team!!
Q1. Crypto Hunters integrates NFTs and its own token, $CRH. How will the P2E model ensure long-term sustainability for the game’s economy? How will inflation be controlled, and how will the team balance rewarding players with maintaining a healthy token value?
Ans — Crypto Hunters is an innovative game that utilizes the $CRH token as its core currency. This token is designed to facilitate the Play and Earn loop, allowing holders to craft new NFTs, make in-game purchases and vote in governance decisions.
These actions will have a significant impact on the $CRH price in the market and create an ideal situation for investors. $CRH token is a utility token that will be used in the Crypto Hunters NFT Marketplace, Education Platform and Crypto Hunters DAO. The token will be used to purchase goods and services in the Crypto Hunters NFT Marketplace and delegate your own votes on Crypto Hunters DAO.
The token will also be used to reward users for their participation in activities such as completing surveys, participating in contests, or providing feedback on products. The token will also be used to incentivize users to engage with content creators by rewarding them with tokens for watching videos or engaging with content. Finally, the token can be used as a form of payment for goods and services within the Crypto Hunters ecosystems.
Q2. How does the project increase the $CRH token’s value, liquidity and utility ? So that it can lead to an increase in $CRH token prices ? What is your plan to make your project stable and provide the highest return for investors in the long term ?
Ans — CRH token utilities are integrated across all ecosystem products as follows:
- In the AR Game: $CRH will be used to purchase game tickets, NFT boosts, receive rewards, and facilitate in-game transactions, among other functionalities.
- In the NFT Marketplace: $CRH will be utilized for paying fees, buying and selling NFTs, acquiring premium subscriptions, purchasing Crypto Hunters domain names, participating in Launchpad events, and earning rewards.
- To foster a community-driven project, $CRH will play a central role in a DAO system enabling proposals and votes, with governance carried out through the $CRH token.
- To acquire exclusive Crypto Hunters Merchandise.
A standout feature of our system is that all in-game transactions follow a structured allocation:
- 40% is allocated for burning.
- 30% contributes to the treasury.
- 20% is circulated back into the market through sales.
- 10% is channeled into the general Crypto Hunters Ecosystem rewards pool.
This approach not only engages a substantial player base but also provides added benefits for investors by creating an organic supply shortage, consequently boosting the $CRH coin's value. Additionally, the CRH token will see increased trading activity due to impactful marketing campaigns such as "Crypto Hunters Millionaire."
Q3. How does the Crypto Hunters Game ensure fairness and transparency in its gameplay mechanics, and what measures are taken to prevent cheating or exploitation of the system?
Ans — The Crypto Hunters Game ensures fairness and transparency through clear rules, balanced gameplay, and regular updates. To prevent cheating, it employs robust anti-cheat measures, strong account security, and enforces fair play policies with appropriate actions against violators.
Q4. In the Crypto Hunters game, players use their mobile phone camera to search for digital treasures in the real world. Could you explain how these digital treasures are generated? How do you ensure that the location of these treasures is accessible and safe?
Ans — In the Crypto Hunters game, the generation of digital treasures depends on the type of game being played. In the free-to-play mode, treasures are generated randomly throughout the game world. However, in other game modes, such as quest-based modes, these digital treasures are hardcoded as part of specific quests or challenges.
As for ensuring the accessibility and safety of these treasure locations, our team employs several measures. Firstly, we carefully select and vet the locations where treasures can appear, ensuring they are accessible to players without any safety hazards. Additionally, we monitor and update these locations regularly to account for any changes or safety concerns. Overall, our priority is to provide an enjoyable and safe gaming experience for all players.
Q5. Crypto Hunters boasts collaborations with industry veterans from significant projects and award-winning shows. How do these collaborations impact the development and marketing of Crypto Hunters, and what benefits do they bring to the ecosystem and its community?
Ans — The collaborations with industry veterans and award-winning shows significantly impact the development and marketing of Crypto Hunters in several ways.
Firstly, these collaborations bring a wealth of experience and expertise to the table, allowing us to tap into valuable insights and best practices from seasoned professionals. This helps us refine our strategies, enhance the quality of our content, and make informed decisions that resonate with our audience.
Secondly, these partnerships lend credibility and prestige to the Crypto Hunters brand. By associating with well-known names and successful projects, we can establish trust and credibility within the industry, which is crucial for attracting investors, partners, and a wider user base. This, in turn, contributes to the growth and expansion of the Crypto Hunters ecosystem.
Moreover, collaborations with industry veterans and award-winning shows often lead to increased visibility and exposure. Through joint marketing efforts, cross-promotion, and shared resources, we can reach a larger audience, generate buzz, and create excitement around Crypto Hunters. This heightened visibility not only benefits our community by attracting more users and investors but also contributes to the overall success and sustainability of our project.
In summary, collaborations with industry veterans and award-winning shows have a profound impact on the development, marketing, and success of Crypto Hunters. They bring expertise, credibility, visibility, and growth opportunities that ultimately benefit our ecosystem and community.
Questions Asked by our BlockTalks Community Members during live Session to Crypto Hunters Team!!
Q1. Being the partnership manager for Crypto Hunters Game, could you please elaborate more about the criteria or steps you take before establishing or forming a partnership with any project?
Ans — As the partnership manager for Crypto Hunters Game, we prioritize establishing partnerships that align with our core values and enhance the overall gaming experience. Our criteria include assessing the project’s reputation, track record, credibility, and compatibility with our ecosystem. We also evaluate their technology, community engagement, marketing strategies, and potential mutual benefits. Additionally, we conduct thorough due diligence, review legal aspects, and ensure clear communication and collaboration frameworks before finalizing any partnership.
Q3. Can you tell how Crypto Hunters Game leverages augmented reality technology in its gameplay?
Ans — Crypto Hunters Game utilizes Augmented Reality (AR) to blend digital elements with the real world. Players use their device cameras for real-time exploration, enhancing quests, encouraging dynamic exploration, and enabling social interaction, creating a unique and engaging gameplay experience.
Also we are using a new technology called digital twins!
So Crypto Hunters will revolutionize gaming by allowing users from different realities to play together in one place using their smartphones, VR glasses, or laptops. All of this will be in a high-quality twin world created by Crypto Hunters!
Q3. Do you allow suggestions and feedback from the community? Are we allowed in decision making, do you put the community into consideration?
Ans — Absolutely! At Crypto Hunters, community suggestions and feedback are not just welcome, they are integral to our development. We empower our community through features like worldwide chapters, a DAO system for proposals and votes, and more to come. Your input shapes our decisions and ensures we prioritize what matters most to our community. Join us in building this amazing ecosystem together!
Here are some important links to Crypto Hunters 👇🏻
✅ Website: crypto-hunters.io
✅ Discord: discord.com/invite/cryptohunters
✅ Telegram: t.me/+z4B_jDDOyjg2M2Jk
✅ 𝕏: x.com/crhgame
