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EPICX AMA on Telegram Transcript (May 29, 2021)

Date:

Jay (Moderator): Let’s now proceed with Segment I. Here’s question #1 for you, nblaze.

As mentioned in the introduction, EPICX is going to be jam-packed with new games, and it’s worth highlighting again that there will be 4 stand-alone DApps (games) running on this platform: Price Prediction, Crypto Duel, King of the Hill, and Against the Odds.

Can you give us a brief summary for each game and help anyone new to EPICX figure out which one(s) might appeal most to them?

nblaze (Midos): It will be my pleasure. All the games on the EPICX platform are original, made from scratch and are a different gamified spin of a different aspect of trading. I will not go into too much detail as it will take too long but practically our current games could be summarized as:

Price Predictions: A pool-based game, where players aim to predict as accurately as possible what the future price of a certain crypto currency will be. The closer you are (in comparison with the other players in the game instance), the higher rewards you get

Crypto Duels: A 1v1 strategic bag building game, where each player is aiming to outplay their opponent in several rounds of pick-and-ban crypto currency selection phases and to have a better performing crypto currency bag. The division-based leaderboard gives extra rewards depending on your standing each season

King of the Hill: SitnGo style mini trading tournaments where in 12 rounds you aim to gather more credits than your opponent. A global trading tournament with single-use power-ups is added to make things even more interesting

Against the odds: Statement based (like ‘BTC will be over $100k by the end of the month) prediction market where every player could set their own statement or agree/disagree with the existing ones. An odds exchange system allows for higher levels of certainty to be expressed (like not only disagreeing, but presenting a 5:1 option if you are right in example)

Jenny (Moderator): This sounds so exciting and we’re getting 4 games 😱🤩

Jay (Moderator): Yes, there should definitely be something for everyone!

nblaze (Midos): [in reply to Jenny]

Yes, their release will be a staged one during the beta (one every 3–4 days) so it will be quite fun to see whether players will enjoy them all 😊

Jay (Moderator): Looking forward to those crypto duels and can’t wait to see which players will emerge on top of the leaderboard 💪

Jenny (Moderator): Can’t wait @nblaze 👏

Here’s question #2 from me.

Can you tell us about the different trading pairs that EPICX will support right from the start on launch, and which other ones you’re most keen to add in the future?

Also, will BTP technology play a role in supporting cross-chain smart contracts and cross-chain token transfers, etc. to help EPICX pull in new players from outside the ICON ecosystem?

nblaze (Midos): EPICX will support 30 trading pairs at launch (unfortunately it will make a pretty long list, so Im not going to share the exact pairs right now) and we can easily add a lot more in the future. For the moment its more of a question of not overwhelming the players with options, as soon as players get used to the current system, we can easily upgrade it

Our platform is already developed in a way that is BTP ready so as soon as we have the option to connect to other crypto networks via BTP, we will be ready to do so as soon as possible. We are already discussing the potential future systems, structure and setting up options to ease that transition

We are also looking into options about integrating different events from other applications (we could in example integrate and give the players options to predict the BALN price or events from the Project Nebula’s system) and after release we will try to actively look in that direction. That respectively means that as soon as we connect with BTP, we will be able to integrate such events from applications from the Polkadot, Ethereum’s or any other network that we have a connection to

Jenny (Moderator): [in reply to nblaze]

30!? 👀 Wow that’s a lot 😱

nblaze (Midos): [in reply to Jenny]

Haha, yes! That is why we are intentionally using that limit for the moment. Can you imagine having to choose from 100 different options 😊

Jenny (Moderator): [in reply to nblaze]

🤯

Jay (Moderator): BTP is going to make the possibilities endless. Very interesting stuff going on and predicting events from Project Nebula, wow that would be something else 🔥

nblaze (Midos): [in reply to Jay]

yes, in practice anything that is stored on the blockchain, we can integrate with our system, it depends entirely on what the players would like to be added

Jay (Moderator): Moving along to question #3.

Can you go over the EPX token and dividends structure/payment? In addition, how can players maximize their rewards on EPICX?

nblaze (Midos): First of all let me clarify what EPX is for the community members that don’t know. EPX is a fully transferrable, tradable, ICON-based token and is generated by playing games on our platform.

EPX has several purposes. The main one is distributing dividends. 5% of all winnings on the platform go into a dividend pool, which in kind distributes dividends among all the token holders on a weekly basis. As long as your EPX stay in your wallet, you will continue receiving dividends on a weekly basis. If you decide that you don’t want to hold it anymore, we also have the option on the platform to return your EPX to the undistributed total supply of the token and receive a direct ICX reward

There is an event for our early adopters and its quite a large one. All players on the platform will receive a 30% higher EPX amount for the first 6 months after the release, so it definitely pays off to be an early adopter!

In regards to how players could maximize their gains — aside from the fact that most of our players will improve their skills as they play and should start gaining more, we also offer various types of reward pools, dividends, bonuses etc, which could be utilized for even higher profit

Jenny (Moderator): [in reply to nblaze]

🤩

Jay (Moderator): [in reply to nblaze]

very nice! just hold EPX and earn weekly dividends 🤑

Jenny (Moderator): [in reply to nblaze]

It says 30% higher EPX amount for the first 6mos 👀 Don’t miss out guys!

nblaze (Midos): [in reply to Jenny]

yes. closed beta included 😉

Jenny (Moderator): And lastly, can you share with the ICON community some more details about the closed beta event (which again, is scheduled to begin on June 1).

nblaze (Midos): Sure. We were running an event in the past week where we were awarding closed beta access to our most eager community members. Depending on the community members’ activity and their willingness to help us promote the platform, we have enlisted quite a few players that will receive access to the beta stage of our platform. With the closed beta access, the players will also receive 20 ICX each to try out our platform easily without spending any of their own funds

We have also decided to award 50 ICX to the 20 community members that impress us the most with their efforts (spreading the word about EPICX, making memes, videos related to the event or EPICX in general etc etc). In case that there are less players that impress us, we might simply reward less players with higher rewards, we will see 😊

There are also additional benefits of being selected as the EPICX closed beta will be running on Mainnet, which means that there will be no reset after we close the beta and start the official release — all the EPX generated and/or any profits that you have made during the beta are yours to keep

We are aiming for a release of the closed beta on 01.06 and it will start with one game — Price predictions and we will add an additional game every few days after that. The reasoning behind that is that one of the main goals for the closed beta is the testing that everything is going well and we will receive more targeted feedback this way. The 20 ICX rewards will also be received like this — in 5 ICX increments upon the release of each game

There are still some spots remaining so whoever is interested, there is still time to act 😉

Jenny (Moderator): [in reply to nblaze]

Does it mean everyone who wins today will get 20 ICX to try out the game? 😱

Jay (Moderator): Lots of ICX to be won for getting involved with EPICX early 🥳

nblaze (Midos): [in reply to Jenny]

yes it does 😂 we would like our players to be incentivized to play the beta properly — we hope that once they try it out they will like EPICX and will stay with us 😊

if there is something that they do not fully enjoy, we are always open for constructive feedback 😊

Jay (Moderator): [in reply to nblaze]

awesome! And that concludes Segment I

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://iconpinas.medium.com/epicx-ama-on-telegram-transcript-may-29-2021-6028a41c62ab?source=rss——-8—————–cryptocurrency

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