KuCoin AMA With Gameta (HIP) — A Multi-layered Web3 Entertainment Ecosystem

Dear KuCoin Users,

Time: April 29, 2024, 12:00 PM - 12:49 PM (UTC)

KuCoin hosted an AMA (Ask-Me-Anything) session featuring the Director of Global Strategy of Gameta, Hai Sin, in the KuCoin Exchange Group.

Official Website: https://gameta.pro/

Whitepaper: https://gameta.gitbook.io/gameta-guide

Follow Gameta on Twitter and Discord

Q: In addition to focusing on the games being put out by Gameta, what other development plans does Gameta have for the future?

Hai Sin: Thanks! That’s a great question. Gameta has done quite a few in the past year, including continuous operation of our Hippo Dash, the start of upgrading the Gameta ecosystem, as well as TGE and listing of the HIP token.

First, Gameta has continued to operate our Hippo Dash game service to provide fans with fun gameplay and rewards;

Secondly, in the next 3-6 months, we will be focusing on our SocialFi and AI expansion, providing users with more opportunities to interact with others on major social platforms while earning rewards and airdrops through quests, tasks and media engagements. This will be our core focus in the near future and increase the value add of our HIP token.

Thirdly, we are also exploring more ways to increase our asset offerings, including future asset development on Solana that meets the recent trends. The new asset offerings will be closely tied to the HIP token and that the HIP holders will get significant rewards.

Q: What are the use cases in HIP’s Gameta ecosystem in the future?

Hai Sin: There are several use cases now and in the future for HIP within the Gameta ecosystem.

First of the use case will be in-game value add. In the short future, users will be able to trade and transact in-game items or boosts with HIP token so that they can realize HIP’s gaming values within the Gameta ecosystem.

Next use case is the staking part, the previously mentioned SocialFi enhancement will be our way of providing users with opportunities to receive additional HIP and other asset returns through holding HIP and doing social and media quests in the SocialFi add-on.

Revenue sharing will be also a part of the value add in the future, we plan to share ecosystem revenues with our HIP holders in the future when time is appropriate.

Q: Gameta has always taken it as its mission to bring more users to Web3. Now that the token has been listed, any future plans for the token?

Hai Sin: Yes, and it’s our core focus for the near future!

As mentioned before, we want to add staking and mining value add functions to the HIP token through our Socialfi expansion. This will be our core focus for the next 1-2 quarters. Through this expansion. Users will be able to engage in stake-and-earn, task-and-earn, as well as earn external asset returns with the HIPs on hand.

To put it more succinctly, we are looking to enhance the value add to long-term HIP holders, the more and longer you hold, the larger scale of potential returns you will be able to achieve. Our future product designs are all centered around this principle.

Q: We know that Gameta wants to build an ecological platform that combines game plus social plus AI. How and why did the team decide to proceed on this path?

Hai Sin: We launched the HIP token right after the Bitcoin halving event, because we believe that there will potentially be a positive trend in the coming future.

Therefore we would like the HIP to be able to coincide with a potential positive trend and benefit from what’s coming in the blockchain market. In the long term, we have full belief in the blockchain market and we think that the industry is still in its early stage, there’s still great potential ahead.

Q: What are your views on the current blockchain market?

Hai Sin: That’s an interesting question! We are making this expansion due to the feedback we have received from the community and what we think can best add value to our supporters. Since the launch of Gameta, we had been focusing on providing users with a good casual gaming experience. Throughout this time, more and more users had provided feedback interested in getting more interactions with others in the community and in game.

Additionally, we also saw increasing interests in the HIP token and potential value adds HIP can provide. Therefore, since HIP has launched, we want to build a way that can allow our users to be able to utilize quests, tasks and media interactions to increase their earning and interaction abilities within the Gameta community.

Lastly, by adding AI enhancements to the new expansion, we want each HIP holder’s economice earning ability on their HIP holdings to be more effective and efficient.

Q: Is there any way to view the value of HIP in the future, and how to improve the value expression of HIP?

Hai Sin: Interesting question, and this gives me a good chance to summarize what we want to bring to the HIP in the future.

We think that HIP’s value lies in the support of our fans and the services from Gameta. Therefore the best way to continuously provide value increase to the HIP token is to provide better services to our fans so as to create more value add that can be transferred to the HIP token. Therefore, the development of the SocialFi and media expansion is our way to realize this belief in creating value to add to the HIP token.

The expansion is currently in its in-house development stage, and pretty soon (2-3 months) we think that it will be ready for public beta testing. Before it reaches the public, please feel free to follow our official X (Twitter) to receive all the latest updates and announcements first hand.

Q: What is your strongest advantage that you think will make your team leading the market?

Hai Sin: I like this question a lot! I think our strongest advantages, well, one of them, is that we combine strategic points from different sectors and collaborate them into our project, to best cater to our user’s needs.

As mentioned, we have been in the P2E track for many months, while having our own NFT collection. We are going to have SocialFi features along with AI into our product. I think this is not something you see in the market very often.

Q: Do you ever worry that one day a project with even more advanced technology could potentially replace your own?

Hai Sin: I believe that every project, along with every team has their own unique point, especially their own special selling point.

I do understand that every team will/might worry that there might be a “better” team out there, but truth to be told. We are unique on our own. With fans who trust us and are willing to stick with us through thick and thin.

No amount of ‘other potential’ from other projects can beat that. The most important thing is the bond and trust between projects and their users.

Q: How does $HIP encourage community participation in the development and improvement of the platform? Do you have any feedback?

Hai Sin: I wouldn’t necessarily use the term ‘encourage’ users to provide us feedback.

Instead, we welcome feedback. As mentioned in the previous question, we do trust our community, and we design our future plans based on their opinions and needs. Thus, if you ever have feedback, me, with legit spectacle, and magnifying glasses, and my amazing mods and users, will go through one by one. I provide feedback from users daily to the team. No matter if it’s something we need to work on, or news that makes our day.

Q: Having a solid marketing strategy is crucial for the success of any project. What is your plan for expanding your relationships and building communities in both English-speaking and non-English speaking countries? Are there any limitations or restrictions that you need to consider?

Hai Sin: We would love to work with as many communities as possible, from different countries as such. Language has never been a barrier to us because of how technology is advanced today, or we can have volunteers if there is ever a need.

As for limitations and restrictions, most probably the time zone. I myself is in Asia, and our team is spread all across the globe. Another limitation is that to look for the best communities out there to work with.

So, if you have any community to suggest or you love, feel free to tell us in our Discord. No matter the language.

Q: I'm interested in supporting your project! Can you share more details about the Ambassador Program, and how can we get involved?

Hai Sin: Even though we have no plans regarding an ambassador program, we would love to have one in the future.

What do you think? Would you join our ambassador program if we start one? I hope you’ll say yes.

PS: I keep seeing other projects having amazing ambassadors with their ambassador program and I’m jealous. Please go to our Discord, and #ambassadorprogram, so I can convince the team to let me start one.

🎁 Participate in the Gameta AMA quiz now for a chance to win $10 in HIP!

The form will remain open for five days from publishing this AMA recap.

KuCoin and Gameta have prepared a total of $2,000 in HIP to give away to AMA participants.

1. Pre-AMA activity: $800 in HIP

2. Free-ask section: $50 in HIP

3. Flash mini-game: $400 in HIP

4. Post-AMA quiz: $750 in HIP

Sign up for a KuCoin account if you haven’t done so yet, and ensure you complete your KYC verification to be eligible for the rewards.

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