On 23 June, 2022, HC Capital’s community had the opportunity to exchange with lya Novikov @mayors_bdo – Chief Business Officer to join the AMA to provide useful information about Mayors.
This AMA is organized by HC Capital – The leading cryptocurrency community in Vietnam where investors and traders can receive the latest news and signals as well as discuss and share investment experience in the cryptocurrency space.
- Time: 20h Thursday, 23/6/2022.
- Location: https://t.me/HCGemAlerts_chat.
- Airdrop: 200 USDT
Part 1: Q&A from HC Capital team
Part 2: Top best questions from form.
Part 3: Free Q&A with members.
Content of the AMA program
Part 1: Q&A from HC Capital team
Jannie: Ama will start now with Part 1: Some questions from HC for Mayors. You can say “Done” when the answer is finished.
Q1.Can you give us a brief introduction about Mayors project ?
lya Novikov: Mayors is a blockchain MMO strategy that is designed as a play-to-earn game based on election mechanics. Mayors’ game tokens are built on a BSC to achieve the lowest possible commissions for the project and players.
To play the game you need a dynamic NFT token of the Mayor, which has different types of rarity that are set during generation, and different stages of evolution that players can increase by participating in elections.
By completing tasks or winning elections, the player receives Vote$ which he can sell on DEX or buy new Mayors on the internal marketplace with them.
We have quite a fun and active community that will tell you about the project even better than me. So if you are interested after the AMA, we are waiting for you there!
Jannie: Q2. Can you tell everyone what the highlight of Mayors ? And what is the team focusing on at the moment?
lya Novikov: To answer this question, I need a little time to tell everything, give me a minute.
Talking about the highlights of Mayors, we could say that there are not many crypto projects that are focused on politics and even fewer that have strategic elements.
One of our main advantages is the technology used and the approach to the design of the project structure itself. As you could find out from the whitepaper or on the project’s website — we use a smart contract that inheriting IERC721. The NFT modification protocol allows updating and expanding the functionality of all system components: updating the registry itself, the NFT factory, the NFTs themselves, etc. This gives players a unique gaming experience that allows you to upgrade avatars like in an RPG.
And finally, I left one of the key arguments in favor of an advantage over competitors. Against the background of a falling market, projects without strong and thoughtful tokenomics are doomed to failure, and this is one of the beneficial differences between Mayors from the rest: our tokenomics is as transparent as possible and is in the public domain, anyone can get acquainted with it. We have thought-out mechanisms for maintaining the token price, which are described in detail in our pitch.
What about our current achievements. At the moment we have completed: the development of smart contracts, the development of a marketplace, the development and testing of interactions with a game card built on openlayers. Also, we have drawn all the screens and now their layout is coming to an end, now we are moving on to full-scale tests. Moreover, we have almost completed the audit from Certik.
So, now the project is already approaching the release of the first game mod, which is scheduled for June 30. Mint NFT at the lowest price will begin on June 29 and to take part in it you need to try to get into the WHITE LIST. A few days after release the start of public sales are planned.
Jannie: Q3. Revenue is essential for all projects to survive and maintain. Could you please share your income model to build a complete project, and what is the way to generate profit/revenue for Mayors?
lya Novikov: The main mechanics of earning in our game, of course, is based on the sale of Vote$, which is why we pay special attention to maintaining the stability of its price. Resale of NFTs can also be a source of income, since they are dynamic and an increase in the level will increase the price in any case.
However, we do not plan to focus only on these methods. If we talk about the current moment, you can already start making money on the project. Our social networks are filled with a large number of activities in which we play, including BUSD. In the last two days alone we have raffled off more than $2,000, half of it exclusively on our social networks. At the same time we hold thematic contests related to the project. A large referral system is planned in our discord.
Also, our second mode will provide additional opportunities for earning: NFT staking, an advanced influencer support system, community contracts and much more.
Jannie: Q4. Can you share Mayor’s upcoming plans? What is the team’s strategy to attract new users and investors to Mayor and retain them in the long run?
lya Novikov: Firstly, I have to say that we appreciate our community interest in our project, so we are trying to be open with them and maintain constant contact with the audience. As a CBO, I still try to pay attention to the answers to questions and build my schedule so that there is room for AMA and similar events in it.
We hold many contests for activity on all social networks to fuel the audience’s interest. By participating in them, you can get BUSD, Mayors NFTs, or a place in Whitelist, which will give you the opportunity to be the first one to own NFT — you can get 3 NFTs at once and at a discounted price.
Our marketing team does a lot of research and tries to find the most relevant channels to communicate with our audience. Now we are also focusing on different collaborations with other NFT projects. So, our work is ongoing.
What is important is that we work together with a top 5 international mobile games developer and publisher — Azur Games. And I recently discussed with Azur Games our future cooperation and their help in creating a second game mod that will be available on mobile devices, and they also offered me support in transferring the entire current gameplay to the mobile version. So our immediate goal after the release, in addition to supporting the current version of the game with updates, will be the release of a mobile version.
Part 2: Top best questions from form
Jannie: Where did you get the inspiration for this unique project idea? What plans does Mayors have to build trust and build collaboration in the community? And what is your strategy for attracting users from outside the crypto space?
lya Novikov: Let’s start by telling you about inspiration. Now the world is restless and when we look at what is happening in the political arena, we get scared and it seems as if all this looks somehow unnatural. We decided to make a game in which Mayors bribe city residents in the struggle to win elections and set their own earnings as an allegory for current realities as the main goal. And also to show the prospects of using cryptotechnologies in the field of elections, which can save us from stuffing and similar cheat techniques
We understand that our game mechanics will be interesting for non-crypto fans of tactical and strategic games.At the moment we have already developed some marketing strategies focusing on attracting such players. One of such strategies is to involve influencers from different fields, who would be able to report to their audience the information about our project.
One of our main goals is to make easy onboarding for new players into the crypto space. Users that we attract through the marketing campaign won’t be acquainted with crypto as much as users from Telegram and Twitter. So we’ll make a lot of guides on how to play the game, buy tokens, buy assets and sell them. We’re certainly going to emphasize the educational part of the project.
Jannie: What will project look like when downtrend season approaches. Maybe project will not develop according to team’s expectations, has your team prepared for this long downtrend?
lya Novikov: For the most part, we do not expect a rapid market recovery. Judging by our forecasts, in the next three months or six months we will only be able to reach a period of stabilization. But the new growth is likely to be delayed for a longer period.
Based on this, we initially thought through the life cycle of the project within the framework of a downward trend – that is why we care more about the security and stability of the token.
Demand for Vote$ is driven by its utility in the gaming experience and attractive NFT rewards. We have several mechanics providing stability:
- Staking a currency removes it from circulation which increases investor profits.
- The Mayors game has a risk election mechanic, participating in which players bet the currency but get the opportunity to earn much more. It helps to avoid a situation in which a large amount of currency is concentrated in the hands of a limited number of players and their decisions significantly affect the asset’s value.
- The number of tokens is determined at the project’s initial stages, which doesn’t allow the coin to quickly depreciate due to the much larger number. During the elections, part of the issue is destroyed to limit the supply, thereby increasing the asset’s value.
Jannie: Many scam projects in the market. I want to invest in your project but I have doubts. Can you assure us that you are not like the others and have no chance of scam?
lya Novikov: This is one of my favorite topics for conversation, since it is almost impossible to prove your intentions. In fact, the biggest confirmation that we will support the project in the long term is the fact of our partnership with a large company – Azur Games – that does not want to lose the trust of the audience and spoil its reputation. Our team is not as open as many other projects, but the experience of recent months says that this is not always a guarantee of honesty and decency. In my opinion, the key criteria by which one can judge the intentions of the team to quit or continue to develop the project are the elaboration of their plans for the future and the amount of funds invested in advertising, promotion and start of the project. In our case, you can track this information yourself and judge how much you trust or do not trust the project, we try to maintain maximum transparency of everything we do.
So far we are not creating additional language channels, we need to recruit more peopleMoreover, to ensure the users’ security, we took several actions: first, we modeled the game in such a way that a minimum of information was stored on the server — almost all the mechanics of the game are on-chain. That is why the BSC network was chosen, which allows transactions to be carried out with minimal cost. Next, we modeled smart contracts that do not have methods that allow the owner’s wallet to withdraw the token from the smart contract wallet in order to avoid fraud in case of loss of the wallet. For the owner’s wallet, of course, we use multisig. And then we conducted an audit with one of the most popular companies on the market — Certik.
Jannie: I understand that in your game users compete to become the mayor so could you explain to me what are the responsibilities that the mayor has over the city or place where he wins the elections? What special powers does the mayor have?
lya Novikov: To begin with, it is worth saying that winning the election brings a large one-time income Vote$. Also, the player has the opportunity to build buildings that allow him to earn even more and receive other bonuses.
Jannie: Mayors Game is a platform game that allows users to become Mayor of any city around the world and earn money for it. I wonder, how many types of characters will there be in the game? Do each have different features?
lya Novikov: The total supply of Mayors will be 200,000. Each of them will have a unique appearance. This is achieved through a random combination of pre-invented and drawn assets, of which there are a huge number. The characteristics of each of the Mayors will also be different, since they are not constants. Each characteristic, depending on the rarity, has a certain value range, when mining, a random value is selected within the boundaries of a given range. There is a chance that Mayors of the same rarity will get the same characteristics, but it is quite low. The appearance will still be different, since each asset is unique.
Part 3: Free Q&A with members
@ChereFrederick: Many projects have problems with UI / UX and this one turns off new users. How do you plan to improve the interaction with new users and with users outside the crypto space?
lya Novikov: So. Let’s start with the fact that among 7000+ identical questions it is really difficult to find those that were not copied or asked by AMA bots. Therefore, I tried to choose those that will help us to delve a little deeper into the game mechanics and the project itself.
And we’ll probably start by talking a little bit about UX/UI and the first game mod, which will be released on June 30.
In the first game mode, a large map of the world opens up to you, where we see different regions in front of us. As you approach, a map of countries opens up and clusters of cities are already available for selection on it. There can be 4 statuses in each of the cities: elections are held with the participation of a player, elections are held without the participation of a player, a city under the control of a player and a city under the control of another player. A special color scheme will allow you to easily navigate on the map. We described this in a post on medium with screenshots https://medium.com/@mayors_game/details-of-the-first-game-gamemode-93bc85c43d89
The main gameplay of the game is to complete tasks that are an incremental clicker game. For them, you will receive a Vote$ – a token that can be sold, exchanged and used on the internal marketplace. With its help, you will be able to participate in the elections – to place a bet in Vote $ and form the bank of the city. After winning the election, you receive a one-time large income from the city bank and get the opportunity to build buildings to increase the total income from various sources.
@shivamyboqe1986: Do you have a whitepaper? if yes please share it with us and secondly are you working to AUDIT your project, to make its security more secure and reliable?
lya Novikov: In principle, I think this issue is no less important. As we know, acquaintance with any crypto project begins with a whitepaper. Ours is designed as a landing page and is available at the link https://mayors.io/whitepaper.
There you can learn what I described above about the basic mechanics and much more.
If after reading you still have questions, then you can go to any of our social networks to learn more directly from me, community members or other team members.
It would be best to use discord for this, since there is now the most active part of the community and a referral contest is taking place. And also describes all the conditions for getting into the white list.
@Venitamcduffie60: Could you really tell us what was the inspiration that moved you to develop this NFT Majors game? Is it because of the inspiration of some other game?
lya Novikov: Since I can’t find unique questions, I try to at least find the one who first asked the question copied from somewhere.
Well, let’s talk about the value of the token, since this is what I really like to talk about.
As you know, the market is not in the best condition right now, so the first thing an investor thinks about is whether his investment will burn out.
Against the background of a falling market, projects without strong and thoughtful tokenomics are doomed to failure, and this is one of the beneficial differences between Mayors from the rest: our tokenomics is as transparent as possible and is in the public domain, anyone can get acquainted with it. We have thought-out mechanisms for maintaining the token price, which are described in detail in our pitch.
In addition to the strategic component our other advantage is openness and closeness with the community. The pitch I mentioned above is nothing more than a presentation for partners that I work with when I attract additional investments. We can show it to everyone since there are no pitfalls or omissions in the project. I also quite often personally communicate with the society, answering questions in discord and telegram chat.
Our third advantage is increased user involvement in the project. We constantly hold contests and gifs, the prizes in which are money, NFT and places in the white list, which allow you to participate in a private sale and buy NFT mayors at a more favorable price. Also, the second game mod, which we are actively engaged in at the moment in parallel with the finalizing of the development of the first one, will have a large number of new and interesting mechanics that diversify the gaming experience.
This all helps to survive within the framework of the market decline and move forward!
@BlairSaunders92: Hello @mayors_bdo What was the biggest milestone your project has? What is plan in the future?
lya Novikov: Well, if we talk about what we have really achieved, then we are now pumping the community as much as possible and collecting a white list. We have held more than 5 AMA in the last two weeks, a bunch of contests. We have completed the audit of smart contracts and started internal testing of the game. We are preparing for the private sale of NFT on a WHITE LIST.
Our plans are, of course, a release.
But after that, we are going to take up the mobile version of the game together with Azur Games. After that, we will update the current gamemode and add chips to it. And then we will develop a second game mod. Also together with AZUR.
@Penni_Abell_1997: What is your relationship with Azur Games, how much they influence your path. How much support is provided?
lya Novikov: Well, once we started talking about Azur.
Their idea is to try performance marketing in the crypto space because everyone goes with the traditional marketing, with the telegram marketing, twitter, AMA sessions, etc. But they decided to look at the effectiveness of other advertising methods. They offered us help and support for the project in order to get not only direct benefits, but also to test their hypotheses. I would say that this is a mutually beneficial cooperation in every sense.
They actually provided a lot of help like help with design, help with the product vision. The most important part is help with marketing strategy based on influencers and connections to other partners. They help us a lot, but they don’t change our strategy.
Jannie: Amazing Q&A! Thank you @mayors_bdo for joining us 👏 and good luck with Mayors.
Hope this AMA Recap will let you understand more about Ancient8. Thank you for following AMA Recap and for your companion also HC Capital!