Libes x Satoshi Club AMA Recap from the 13th of January

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 Libes and our guest was . The AMA took place on the 13th of January.

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&WebSite

Jonah 🏅🎹 | Satoshi Club

Hello Satoshiclubbers welcome to our AMA session with Libes

Pavel P

Hello everyone and welcome to Satoshi Club! Let’s welcome our guest from Libes!

Jonah 🏅🎹 | Satoshi Club

Our Guest today is @libespeak

Jonah 🏅🎹 | Satoshi Club

Hello welcome to satoshi club

Libes Speaker

Hi!

Jonah 🏅🎹 | Satoshi Club

Hello How are you doing ?

Pavel P

Glad to see you here today! How are you doing?

Libes Speaker

I’m going to have a good AMA today.

Libes Speaker

Let’s go have some fun!

Pavel P

And we too!

Jonah 🏅🎹 | Satoshi Club

Great.. I see you are Excited already

Jonah 🏅🎹 | Satoshi Club

So let’s start with an Introduction can you introduce yourself to us how you got into crypto and how the project Libes started?

Libes Speaker

ok!

Libes Speaker

Nice to meet you all.

I’m the spokesperson for Libes. I’m very happy to be doing a great AMA tonight. Libes is a virtual currency platform for e-sports.The current esports market is largely capitalized by corporate sponsors.

Esports players have only been able to engage in limited economic activities, such as winning cash prizes in corporate-sponsored tournaments and serving as billboards for corporate sponsors.

There are some individual players who use distribution platforms to conduct economic activities by receiving donations, but players feel that the hurdle to monetization is high due to the high fees for donations.

We thought that by making C to C transactions possible instead of the current B to C transactions, the hurdle to economic activity would be lowered.

BES Token x LIBES is designed to solve this problem.

Libes can boost the economic activity of players, provide new entertainment for users, and be built for the future innovations in esports and blockchain.

Libes Speaker

Done

Pavel P

You are right! E-sports needs some fresh breath to the industry!

Jonah 🏅🎹 | Satoshi Club

You have an interesting project, so what are the unique features of Libes?

Libes Speaker

yes!

Libes Speaker

Libes imagines a unique future. For example, this is our RoadMap:

ROADMAP

2021

September XX‒ Libes project starts

October 11‒ Sponsor Contract with KNIVES OUT Pro Contract Team XeNo

October 27‒29 Entry to 2nd Blockchain EXPO Tokyo Autumn

November 1 ‒ XeNo official esports tournament management rights contract

November 14‒15 Award winning

at Blockchain Economy EXPO in Dubai

December XX‒ IEO

Libes sponsors the esports competition in Mongolia

2022

January 10‒ Hosting of Libes sponsored esports tournament

Libes beta launch

BES Token To be listed

Announcement of statement on activities to contribute to the esports

industry and general public

March XX‒ Official launch of Libes Liberal esports

April XX‒ Libes DAO Shareholder’s meeting

Our target markets for esports gambling will be worldwide. However, once the license is approved, we will capture most target players and interest from the most robust markets in Asia starting with China, Korea, and Japan followed by the United States, and Europe. Most governments around the world allow or do not prohibit esports gambling. Singapore is by far one of the most accessible jurisdictions for licensing, with over XXX online gambling companies registered. As a result, BES Token will cover Singapore-licensed countries as well as join regulated markets by obtaining their local licenses. With the expansion of online gambling and the increasing popularity of esports we aim to present a very interesting entertainment proposition to our target markets.

Jonah 🏅🎹 | Satoshi Club

How many members are currently on the Libes Team?

Libes Speaker

Libes has 6 marketing people and excellent core members.They don’t do development work, but think about marketing and overall management policies.

Apart from them, there is a development team, which consists of dozens of blockchain engineers.

Pavel P

That’s a dream team!

Jonah 🏅🎹 | Satoshi Club

Impressive  Thank you for the introduction

Jonah 🏅🎹 | Satoshi Club

We will  like to proceed to community questions are you ready for them?

Libes Speaker

Yes!

Pavel P

Q1 from telegram user @NataliyaKil

You plan to introduce new features to already popular esports games in order to keep participants engaged and entertained. Your goal is to disrupt the online gambling environment by making it an exciting, immersive, transparent, and fair experience for teams, players, gamblers, and other participants. So what new features will you be adding? How can you interest novice players and advanced and professional gamers? What makes you different from many similar platforms offering the world esports games and making money on them?

Libes Speaker

come on!

Libes Speaker

Thanks for the great question.

I will answer them.

Libes Speaker

What makes Libes different from other platforms is that Libes itself organizes the tournaments.

This allows us to provide appropriate support for amateur gamers and young people who are aspiring to become professional gamers, who have not received much attention in the past.Also, users who support amateurs will naturally become Libes users.

By using the blockchain, Libes is free from the risk of being overcharged.

Jonah 🏅🎹 | Satoshi Club

What kinds of tournaments do you organize and what are the features of this tournaments?

Libes Speaker

For example, one of our official sponsors is a team that plays PUBG, and their participation means that there will be a PUBG tournament.

Jonah 🏅🎹 | Satoshi Club

Great Thank you for your answers

Pavel P

Ok, so it is a personal attitute to each player

Libes Speaker

yes

Jonah 🏅🎹 | Satoshi Club

Ready for next question  ?

Libes Speaker

off we go!

Pavel P

Q2 from telegram user @Chiramchi

I understand that Libes platform will be equipped with two functions: entry and gifting and Libe platform will prepare an entry card for each tournament.please how can a member of the Libe platform acquire an entry card and what are the the incentives allocated to the entry card owners?,will the number of the entry card be limited for every tournaments?, In line with this ,it was stated that gifting is a function to support the activities of players and teams by using their own points.please can you provide more information about the gift function and it features?

Libes Speaker

Details about the gift and entry card will be announced later.

You will also need to wait for further announcements on how to get them, but for  there is a limit to the number of cards you can get per tournament.

Also, both amateurs and professionals will be participating in the tournament, and it is quite possible that there will be an overwhelming difference in skills, so for the sake of fairness in the game skills of the participants, entry tickets will be used.

Jonah 🏅🎹 | Satoshi Club

So what is the limit for the number of cards one can get per tournament, or does this vary with each tournament?

Libes Speaker

Yes, it depends on the competition.

If there are a lot of players available, the number of cards will be higher, and if not, it will be lower.

Jonah 🏅🎹 | Satoshi Club

Thank you for clarifying this

Jonah 🏅🎹 | Satoshi Club

Ready for the next question?

Pavel P

Great!

Libes Speaker

yes!

Pavel P

Q3 from telegram user @Anne_Tim

Libes is providing a description of its influencers in the whitepaper saying these would be a supporting power to promote the project. Please explain the requirements for influencers selection. Is there a limited places available for them? Does Libes also provide ambassador program in case the influencers amount is few? Does these all gets available only once DAO is launched? Thanks!

Libes Speaker

Basically, we don’t have a clear limit on the number of people, but we don’t want to recruit too many people because too many people are very likely to cause problems, but if you guys have a marketing plan, please let us k.

We don’t have any specific announcements about our ambassador program, but we already have sponsorship deals with a few professional gaming teams.

Jonah 🏅🎹 | Satoshi Club

Can individuals apply for Influencer roles or do you source them yourself?

Libes Speaker

I’m hoping to find people with excellent plans, personal or otherwise!

Jonah 🏅🎹 | Satoshi Club

Thank you for your answers

Pavel P

And we wish you success with searches!

Jonah 🏅🎹 | Satoshi Club

Lets proceed to the next question

Libes Speaker

welcome!

Pavel P

Q4 From Telegram User @Ask4unik

While reading,it caught my attention to k that to support esports Libes have been donating equipments to schools to help create an esports environment!what kind of tools are being donated to this schools? Are there specific schools you donate this tools to or your aim is to enlighten many schools as possible to benefit from the esports ? To support such massive donations can you please tell us how funds are being raised to facilitate this project?How do you intend to reach more schools around the globe and which region have benefited from your donations? Thanks

Libes Speaker

Thanks so much for reading the details! Libes is working to promote gaming, educational programs, and PC donations.

Right  we are planning to send PCs and peripherals to a junior high school in Osaka, Japan. Also, we have already managed to raise over $10 million in funding through Capex and Kanga in Mongolia. Therefore, we have plenty of funds.

Jonah 🏅🎹 | Satoshi Club

Asides Japan what other regions wiil this educational program be focussed on?

Libes Speaker

Basically, we are focusing on Asia. Korea, Mongolia, China, etc.

But our goal is to give the opportunity to the whole world.

Jonah 🏅🎹 | Satoshi Club

Thank you for your answers

Jonah 🏅🎹 | Satoshi Club

Ready for the next question?

Libes Speaker

yes!

Pavel P

Q5 from Telegram User @iceVermithraxx

With NFTs slowly taking its place in the crypto space, Libes plans to open the “Libes NFT Store,” where events from eSports tournaments and the rights to play games together will be converted to NFT, allowing players to earn a commission and users to own the famous scenes and rights as their own assets. Can you elaborate more on the libes NFT store and its features? what are the requirements for players to convert their best scenes and moment into NFTs in libes NFT store? how are the earnings and commission from these NFT calculated? can users also sell Famous scenes, which are  NFT and their own assets to other users for a higher/lower price?

Pavel P

By the way, our AMA can also be read LIVE in Libes official Telegram Channel – @Libes

Libes Speaker

It’s basically what you read. Libes’ NFT and NFT marketplace works just like a normal marketplace.

The commission calculation and other details are set for each listing. This is not a one-size-fits-all solution.

This is not a one-size-fits-all solution, and the terms and conditions of your listing will depend on the requirements at the time the marketplace is deployed.

Libes NFTs may also sell the rights to play games together, cut out famous scenes, or sell them at a higher price, which may lead to higher prices.

Pavel P

At what stage is the development of your Marketplace?

Libes Speaker

We’re almost there!

I believe that after BesToken is listed on the 14th, the marketplace will be announced.

Jonah 🏅🎹 | Satoshi Club

So in other words does Libes decide on the prices of these NFT’s?

Libes Speaker

It depends on the thing, but in some cases it does.

Jonah 🏅🎹 | Satoshi Club

Thank you for clarifying

Jonah 🏅🎹 | Satoshi Club

Ready  for the next question?

Libes Speaker

yes!

Pavel P

Q6 from Telegram User @victorogb

Libes been a project that started off in September 2021 has done well to grow its identity, products and services within such a short time span. Starting off 2022, Libes hopes to continue in similar developmental trend as it plans to Host a number of its sponsored eSports tournaments, Launch of Libes Liberal eSports, partnerships, DAO setup and more. Understanding the importance of this stage of project development, can you briefly elaborate on these plans, what sort of events and tournaments will be rolled out within current Q1 and subsequent months, and how these events will be financed? Also, what partnerships and alliances within the eSport gaming genre would Libes probably consider, and how do you think these critical choices will be influenced by the decisions of the DAO?

Libes Speaker

If you look at the ROADMAP, you can see what we’re going to do in the future, so please look at that for details!

We are currently partnering with professional gaming teams because we want to catch the right market trends, and because we genuinely want to support them and grow with them.

And we believe that DAO is a necessary relationship for both users and Libes, and they are essential for building credibility.

Jonah 🏅🎹 | Satoshi Club

Will there be a Minimum requirement for DAO participation in Libes?

Libes Speaker

First of all, enjoy our competitions and bets. That’s an absolute requirement lol

Pavel P

You were mentioning your IDO is planned for tomorrow, January 14th. Could you share some details of the event?

Libes Speaker

We don’t have a specific number yet.

Libes Speaker

It will be listed on the Kanga exchange tomorrow.

After that, the game will actually start.If you’d like to join us, you’re welcome to join us at Kanga!

Jonah 🏅🎹 | Satoshi Club

By the way are all your team members anonymous?

Libes Speaker

some member’s The name and face are on the website.

Jonah 🏅🎹 | Satoshi Club

And can you also share with us the Tokenomics of Libes?

Pavel P

Satoshiclubbers, do not forget to join tomorrow’s IDO of Libes!

Libes Speaker

This is Our Tokenomics

Jonah 🏅🎹 | Satoshi Club

Thank you for sharing this.

We’ve  come to the end of the first part of our AMA

Pavel P

Thank you for your answers during this 1st part of AMA!

Jonah 🏅🎹 | Satoshi Club

We will  like to proceed to the second part where community members will get to ask you questions directly are you ready for them?

Libes Speaker

ok

Libes Speaker

come on

Jonah 🏅🎹 | Satoshi Club

Great.. Get ready satoshiclubbers chat will be opened for 120 secs

Jonah 🏅🎹 | Satoshi Club

Opening  now

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Gen_Block

Is there any exclusive video trailer released from Libes? So that I can have an overview about the whole game play and or how to play. Can you share with us? Or a link if available. Thank you.

Libes Speaker

There is a video for advertising purposes, but please wait for the official announcement for the actual video of how to play. Our TV commercial was running in Mongolia!

Q2 from Telegram user @Kushal85127939

Will Libes try augmented reality in future to provide users real life experience while playing sports? Can you please share your plans on this if any?

Libes Speaker

If we can reach the AR, VR, and MR realms, it is a very big step forward for us. Do you want that?

What a wonderful thing it would be to be able to enjoy games in virtual space. I think so.

Q3 from Telegram user @rehab889

Currently, there are many NFT game projects. In which, there are many projects that fail because they cannot attract users. How will GAME World implement its marketing strategy to attract users? Also how much does it cost to play initially?

Libes Speaker

You’re making a very big mistake.We are not a project to make games. We are a platform that organizes game competitions and makes bets.
Please do not misunderstand that, everyone.

Q4 from Telegram user @somtee77

The growing youth population and changing lifestyles have contributed to an increase in demand for online video games over the years. As a result, the industry needs more creative content to satisfy this demand and reach critical mass. How did this influence the quality of your partnerships? Also, the eSports industry is still striving to counter fraudulent practices like illegal gambling, match fixing, and so on. What modalities have you put in place to combat this in your platform?

Libes Speaker

That’s a good question, the idea against unauthorized use was one of the top priorities in our platform. We make these things happen by using blockchain technology to visualize all interactions in a clear way. In particular, we will do our best to prevent users and pliers from connecting and potentially committing fraud.

Q5 from Telegram user @rinnguyen

Covid has impacted many in the world but It is true that eSports Industry has been booming at these times.

Do You it will it will Continue to follow up in coming times as well?

Libes Speaker

Covid has impacted many in the world but It is true that eSports Industry has been booming at these times,
Do You it will Continue to follow up in coming times as well?

Covid may be telling us that we need to bring new entertainment to the world. Libes is going to be one of those entertainments.

Q6 from Telegram user @Antoni_azx

Libes promises that users can bet on torunament matches and interact with other players on the way, so could you tell us how will be implemented the social features on your platform? Will we be able to choose our teams and compete with friends? Could you tell us about the group economic activities and the possibilities of taking the project to recognized E-sports in the market?

Libes Speaker

We need to implement various features to play against friends, but we also need to create a proper community for Libes. I’ve mentioned the same thing a few times, but Libes does have donation and sponsorship activities.
All of them are for the development of the E-sports industry.

Q7 from Telegram user @ZimTimz

Dear sir,
Do your project have reward giving system by STAKING , Holding or adding liquidity??
Reward giving system can attract investors…

Libes Speaker

Good question, but please wait for further announcements. Are they a necessary element for us?

Q8 from Telegram user @Emidm28

Recently, many promising blockchains have emerged with really wonderful features, with many advantages, including speed, security, low fees. I read that BES Token is built on ERC-20 token technology, we all know that one of the disadvantages of the Ethereum network is the high gas costs that we have experienced for months. For what reasons did you decide to build the main Libes Global token on the Ethereum network? Don’t you think this could be disadvantageous? Do you plan to expand the token to other networks that offer cheaper fees, such as BSC or Solana? In your perspective, why is Ethereum better suited to Libes Global’s mission?

Libes Speaker

We are thinking of developing on an ERC20 basis. BSC is a very good EVM fork blockchain, but we believe that the foundation of all development is in ERC.

ERC-20 tokens are digital assets that are created by organizations and
tech-focused companies. Each token has its own specific utility. In the case of LIBES, the utility created enables receipt of revenue from the project, a voting right. We provides the usefulness of a governance token used in Libes. By a combination of blockchain and layer 2, we can provide solution for the problem of rising gas prices.

Q9 from Telegram user @tomo_fan

E-sports platforms are so popular on Blockchain now,
How it is different than the Traditional platform?
How is Libes team planning to attract Non-Crypto users?

Libes Speaker

Hopefully we can reach out to people who want to support amateur players.
This is why I think it is important to sign up more sponsors and hold bigger tournaments.

Q10 from Telegram user @Savitasapra3

Can you please share some information on Libes NFT Store? For what purpose Libes NFTs can be users beside playing games?

Libes Speaker

The World Engine for the e-sports Ecosystem
telegram:http://t.me/libesglobal
discord:https://discord.gg/libesglobal
bes-libes.io

Take a look at these information.
The NFT marketplace eliminates the boundaries between users and players.

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club/
Russian Telegram group: https://t.me/satoshi_club_ru/
Spanish Telegram group: https://t.me/satoshi_club_spanish/
Telegram Channel: https://t.me/satoshi_club_channel/
Twitter: https://twitter.com/realsatoshiclub/
Website: https://esatoshi.club/

Our partners:
Telegram –https://t.me/libesglobal
Medium –https://medium.com/@libesglobal/about
WebSite – https://bes-libes.io/
Twitter-https://twitter.com/libesglobal

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