MultiPlay x Satoshi Club AMA Recap from 27th March

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from MultiPlay and our guest was @Mtpanddev lead developer of MultiPlay. The AMA took place on 27 March.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$

In this AMA Recap we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram community

Mary | Satoshi Club: Hello Satoshi Club! We are happy to announce our AMA session with MultiPlay! Welcome to Satoshi Club😀

D. | Satoshi Club: our today’s guest – @Mtpanddev ! welcome to Satoshi Club! 👋

Multiplay Team: Thank you for having me

Warm Greetings to everyone in the chat room

D. | Satoshi Club: thank you! good to have you here!

Mary | Satoshi Club: Hello once again! Happy to see you here!

Let’s start our AMA 🚀

Multiplay Team: Ready

Mary | Satoshi Club: @Mtpanddev usually we start with intro😀 so, please introduce yourself and tell us more about MultiPlay🚀

D. | Satoshi Club: and maybe you can even share with us some news about MultiPlay? 😉

Multiplay Team: Okay..

I am Johnson lead developer multiplay.

Multiplay team is a dynamic and experienced team of 5 ambitious team members aiming to take multiplay to the ends of the Earth and secure the adoption of every crypto user.

Multiplay is a block chain gaming platform driven by creativity and technology to unlock the true potentials of online gamers.

D. | Satoshi Club: so it’s platform for gamers?

Multiplay Team: Not much in the news about multiplay for now.

Products are currently working and on the website.

www.multiplays.net.

Ready for gamers to go check them out

Mary | Satoshi Club: Could you tell us when did you start MultiPlay platform development?😀

Multiplay Team: Yes.

But there are some folks who may not like gaming.

We still got them covered.

We also got the investors cycle.

Multiplay idea was born in the basement.

Development officially begun the last quarter of 2020

D. | Satoshi Club: as i see i have to download games to try them..is it safe?

Multiplay Team: Sure.

For both PC, Android and iOS users.

A lot of folks has been playing and challenging their colleagues

Mary | Satoshi Club: You work fast!

Multiplay Team: Worthy of note is the fact that multiplay is a game changer in the blockchain gaming industry.

We brought in the Multiplayer game set up.

Mary | Satoshi Club: We like gamechangers😍

Multiplay Team: A whole lot of folks get bored playing blockchain games with the Ai

Well it’s all over.

You can now challenge your friends, take a bet and still earn tokens while playing

❤️

Mary | Satoshi Club: All you told us are really exciting 👍 thank you for your great introduction 👏

Multiplay Team: Thank you for the juicy questions

D. | Satoshi Club: yes, thank you for the intro! let’s dive into the questions from our community?

Multiplay Team: Okay.

D. | Satoshi Club: let’s begin!

Q1 from Telegram user @JuanSB07

I understand that Multiplay is a platform where you can play for profit through its native MTP token. But for new users to start playing, they would simply need to buy a certain amount of MTP tokens and pay for the contest with these tokens ? By participating and winning one of these games the winning user will get the amount of tokens that the other player used to enter the contest? Or does the winner simply get a “bonus” (prize)?

Multiplay Team: Lovely question.

Yes we got a native MTP token essential for users to acquire.

You will need to sign up, connect your wallet, acquire tokens and after which you can access games.

The tokens are primarily for multiplayer challenges.

Multiplay Team: When you want to take on a friend, colleagues or family member in a duel you will need the tokens.

Mary | Satoshi Club: I will be able to buy tokens directly from your app?

Multiplay Team: Token holders will have regular tournaments been organized for them with great rewards to cart away for winners.

For now no.

That’s part of the upgrades we are looking forward to.

Tokens can be acquired when presale begins on the 29th and after wards on pancakeswap

Mary | Satoshi Club: Gotcha 👍

Multiplay Team: Non token holders are also not excluded from the multiplay family as we will also organize occasional tournaments for them

Mary | Satoshi Club: Everything is well thought out!👍

Multiplay Team: For those who wants to challenge a friend sure there will be an entry fee.

And bets will also be handled on the blockchain platform to ensure cheats aren’t a part.

D. | Satoshi Club: where will presale take place? on your site?

Multiplay Team: The winner of the bets earns the pool less a 10% burn

Presale will hold on predictz.io our partners.

Predictz NFT holders and top 100holders are eligible to private sale

D. | Satoshi Club: i see they have a good partners 👍

Multiplay Team: 😊😁

Mary | Satoshi Club: Thank you for your answers! Ready to proceed 😀?

Multiplay Team: Yes.

Q2 from Telegram user @jonathanjgt

What are the reasons why MTP has decided to focus on sports and games such as Ludo, cheese, scrabble and others? Did they do it just because there is a large user base of board game fans? Or are there other features they based on such as simple entertainment or passion for these games?

Multiplay Team: Okay.

We chose to focus on these areas for a start because of the entertainment it offers

We will be covering a whole lot of areas as we progress.

In development currently is our shooting games that will aid the utilization and Acquisition of NFTs and other in-game assets

D. | Satoshi Club: so NFTs will take a huge place on your platfrom?

Mary | Satoshi Club: How many players do you expect in the nearest future? I mean do you have any goals about players amount?

Multiplay Team: Yes.

NFTs is part of the mainstays of multiplay.

Only a 100 NFTs will ever be created

Multiplay Team: For a start we are looking at 50,000 players.

And we are targeting as much as 98% of gamers worldwide.

D. | Satoshi Club: will those NFTs have any other functions expect the collectibles?

Mary | Satoshi Club: Nice targets 🚀

Multiplay Team: Yes they will

NFTs as we know are non fungible tokens.

We aim to run a decentralized system where NFT holders , MTP stakers and top MTP holders will have voting rights in the governance of the multiplay community.

Of course they will have a share in the profits.

D. | Satoshi Club: very cool 👍 thank you for answers!

Multiplay Team: The total revenue from the multiplay gaming platform is shared in this format.

50% for NFT holders

40% for stakers

10% burnt

Thank you.

Mary | Satoshi Club:NFT holders will get a lot👍

Thank you for your answers! Ready to jump to the next question?

Multiplay Team: Yes.

And it’s just limited to 100 smart investors.

Sure.

Let’s have it.

Q3 from Telegram user @cryptofollower

Blockchain is preventing the data tampering, which is great for multi-player games but sometimes it can be slow. As speed is really important feature that a game must have, how did you solve the speed problem on Multiplay?

Multiplay Team: Alright.

Yes we know that sometimes the blockchain platform becomes quite slow.

And hence to boost speed high fees are required.

D. | Satoshi Club: that’s right

Multiplay Team: That is why we opted to launch on BSC instead of Etherum

To save users the pain of high gas fees.

Now this decision does not totally exclude the Etherum blockchain gamers as we have a goal to incorporate 98% of the gaming community

D. | Satoshi Club: are there similar gaming projects on BSC? or you will be one of the first there, with your ideas?

Multiplay Team: We still have some partnerships with gas tokens to ease these when we go live on Etherum blockchain

Mary | Satoshi Club: What about another blockchains? As i know game apps are very popular on Tron blockchain.

Multiplay Team: I think we are the first with The idea on multiplayer

Multiplay Team: We are starting out on BSC, ETH will be next and afterwards we can look at others

D. | Satoshi Club: partnership with Ethanol? 😉

Multiplay Team: Not really.

We may consider them through.

Currently we have partnership with FTEX.

D. | Satoshi Club: gotcha

thank you for answers! we you are ready we can proceed to the next question?

Multiplay Team: Yes I am

Q4 from Telegram user @surendra040

Multiplay old Telegram was hacked . Was it an insider job or how could a hacking of telegram would benefit hacker? But unfortunately, big questions can be raised on Multiplay team professionalism and security measures . What security measures will be applied for the future to make Multiplay secured?

Multiplay Team: It wasnt an inside job friends the unity of the team is superb

Was a sad one for the team as our partner devs TG account was compromised.

TG security got it’s questions though but that not withstanding, the team has decided not to rely on only our TG community hence she will be incorporating other chat rooms in future plans.

It’s worthy of note that despite the hack on our TG, we still have a 100% secure platform so gamers and investors need not be bothered.

We also have an active Twitter handle and will the incorporating a medium handle soon.

D. | Satoshi Club: got it! yeah, Medium would be a good thing, with all information about platform 👌

Mary | Satoshi Club: Hope it will not repeat with any of us! Scammers don’t sleep

Multiplay Team: Multiplay is built on webGl. A program with very good security structures and we are launching on BSC, we all know how secure it is.

Mary | Satoshi Club: Did you make any audits?

Multiplay Team: Not at all.

It was a wake up call to the team.

Hence such situations will never repeat it self.

We keep wondering why us when we haven’t even launched officially…

Someone has seen the potentials of multiplay already….

Mary | Satoshi Club: Yes, even sad situations have bright sides😀

Multiplay Team: Yes.

The token contract audit is the first and is currently in progress by Techrate.org

Results will be out next week.

After which the Game audit will commence to ensure all mediums for cheaters are debugged

Mary | Satoshi Club: That’s awesome! We will wait for the results!

Thank you for your answers! Ready for the next question?

Multiplay Team: Sure.

Alright

Q5 from Telegram user @belkysgonzalez

Some gaming platforms have a weekly or monthly competition to reward players based on their performance. Will you have something like this? Like giving special rewards for the most outstanding players of the week or the ones who achieve more milestones in that time?

Multiplay Team: Yes. We have such intentions.

We will be organizing tournaments to harness the skills of gamers on the multiplay network.

Currently we are integrating blockchain into all our products.

The goal for now is to ensure all products are working optimally

D. | Satoshi Club: what will be the rewards for users of your platform? will it be NFT or tokens?

Multiplay Team: We have in development the Multiplay Modern warfare

A game capturing civil wars scenes with an in-game assets market with a projected worth of over 500,000 USD.

D. | Satoshi Club: wow, this is cool

Multiplay Team: Users will be rewarded in MTP as well as other tradable in-game assets.

Mary | Satoshi Club: So, we can expect surprises😉

Multiplay Team: Yes we should

There should always be an element of surprise in every gaming platform

Mary | Satoshi Club: Fantastic 🔥 Thank you for your answers! And just one 6th question left for this part🚀 ready for it?

Multiplay Team:Sure I am

Q6 from Telegram user @GuisellaLily

With the MTP coin, is staking possible, if so, how long would the cryptocurrency remain locked and what interest rate would be applied to earn profits?

Multiplay Team: Yes on launch the staking platform goes live…

Staking of MTP token attracts 100% APY.

Minimum staking period will be 2years

D. | Satoshi Club: btw as you mentioned earlier 10% of tokens will be burned? if im not mistaken? could you tell us about your burning function as well?

Mary | Satoshi Club: Minimum 2 years? And this tokens will be locked for two years?

Multiplay Team: Yes looks like a long time, but not really a long time considering the fact that in the next two years multiplay should be the most widely adopted gaming platform.

That will culminate in huge rewards for stakers.

Other incentives are also in place

Mary | Satoshi Club: Will be min/max amount to stake?

Multiplay Team: Yes. Token burn is essentially to decrease the circulating token and aid to stabilize token price.

For now that hasn’t been released. We will do so before presale.

Mary | Satoshi Club: Got it! We will stay tuned 🙂

Multiplay Team: Sure.

Mary | Satoshi Club: So, we came close to the live part🚀

D. | Satoshi Club: @Mtpanddev big thank you for answers in part 1! we will open chat for 2 minutes, after chat will be closed – you can start select questions from Satoshi Сlub members!

Mary | Satoshi Club: @Mtpanddev ready to open the gates?😀

Multiplay Team:Okay

Mary | Satoshi Club:Let’s go 🚀

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Arisabela

Multiplay, as its name says, seeks to be a platform for multiple opponents and friends in a simplified way using the advantages of blockchain, in that case, how can our friends connect to the platform? Is there a link for social networks or email to invite our contacts to the game room?

Multiplay Team: Once you get connected with your wallet on the game, you can invite your friends by sharing your username which you used in creating the room.

Q2 from Telegram user @Raisbelys

Talking about burning your native MTP token they say it will burn the deflationary 20% of the MTP used as transaction fees. But what will be the total transaction and withdrawal fee that users have to cover? Would it really be profitable to constantly use the MTP token to play?

Multiplay Team: Withdrawal Transaction attracts a 10% fee.

Yes it will. As we progress we will integrate other tokens if need be

Q3 from Telegram user @jobel4

Do you offer free game or trial game in any any game in your app so that people will be able to practice and try the Multiplay game for free without spending money? If not yet, do you plan to add this feature in the future? Thank you

@Mtpanddev

Multiplay Team: Yes for now you can try our games without having to pay fees

Subsequently learner’s can try the games individually for free before going to Multiplayer mode which will attract fees

The Modern warfare will have a tutorial mode though

Q4 from Telegram user @Izamg

I’m interested to know more about your NFTs. Can you explain further about the utilities of these NFTs within your platform? Are they meant to be held as simple collectibles or will they have additional benefits? Also, will you have your own marketplace to sell and buy the MultiPlay NFTs? @Mtpanddev

Multiplay Team: Yes they will have additional benefits like I made mention of in the 1st session,

The marketplace for the NFT will be unvieled soon.

Q5 from Telegram user @Rosemary Bianco

In Multiplay “Staking” they say that the participation contract allows users who are in MTP to receive 100% APY. My question is, is this participation reward for all MTP holders or is there a place within Multiplay where MTPs will be allowed to be blocked, could you please explain? And to do this respective “staking” where can I exchange the MTP token?

Multiplay Team: Once MTPs are staked it automatically moves to the staking pool. Hence no longer in your wallet.

Pancakeswap will be a good exchange for your MTP more exchanges will be adopted as we progress

Q6 from Telegram user @mctrho

Players can rank up and get more prestige and level according to the number of wins and milestones met? Also, does MultiPlay have a matching mechanism according to the level and rank of the players? @Mtpanddev

Multiplay Team: Yes there will be a ranking portal

Where gamers can check their rankings according to skill level. Of course rewards will be involved

Q7 from Telegram user @mctrho

If I am not mistaken, the smart contracts adopted to MultiPlay are the ones that distribute the prizes to the winners and the transaction fees to the network operators, how prone to errors or failures are the MultiPlay smart contracts? Are they safe and reliable? @Mtpanddev

Multiplay Team: Yes they are.

It is currently been audited and next week results will be out.

Q8 from Telegram user @belkysgonzalez

It is important for users to know that all games and competitions are fair, so how do you ensure that? Are all aspects of the games, such as results and winners, completely transparent for anyone to corroborate?

Multiplay Team: The audit of games will commence right after the token contract audit.

Developers as well as users will not be able to manipulate as all games has been debugged and free from cheats

The results will speak for us.

Q9 from Telegram user @Abparveez

Where can I find the tokenomics and presale price of MTP?

Multiplay Team: In our white paper you can find the tokenomics.

Presale price details are pinned on our TG @multiplaygame

Q10 from Telegram user @highpee

Why do we have to LOCK our asset and stake for 2 years? Do you think users will be able to have this kind of PATIENCE? Is it after these two years that stakers will start to receive their 40% fee reward or this will be distributed while the asset is still being locked in your smart contract?

Multiplay Team: Currently the team is looking at reducing the staking period before presale and launch of the staking platform.

Please more details on the staking platform will be released as we progress.

Follow our Twitter handle @mtptokens and TG for more information