KuCoin AMA With NexGami (NEXG) — Exploring the Web3 Revolution in Gaming

Dear KuCoin Users,

Time: June 04, 2024, 12:00 PM - 1:15 PM (UTC)

KuCoin hosted an AMA (Ask-Me-Anything) session featuring the Head of Marketing of NexGami, Zahid H, in the KuCoin Exchange Group.

Official Website: https://www.NexGami.com

Whitepaper: Click to view

Follow NexGami on X, Telegram and Discord

Q: What challenges has your project faced, and how have you overcome them?

Zahid: That's a good question! Basically, the integration of the traditional elements of gaming with Web3 technology had been technically a tough challenge. Some solutions lay in hiring the best blockchain developers and partnering with experienced Web3 firms to ensure the integration was seamless.

Also, by understanding the complex regulatory environment about blockchain and cryptocurrency has not been easy. We have a dedicated legal team to make sure NexGami will always comply with the numerous regulations—local and international.

The most important challenge was convincing traditional game players to adopt Web3 technology involved in extensive education and marketing. In order to integrate onboarding processes and educate users, NexGami ran campaigns but made the experience user-friendly.

Q: What are some of the most significant successes or milestones you've achieved so far?

Zahid: As we are in the very early stage we don’t have any big success. But we have some success that I would like to share. NexGami has successfully launched its native token ($NEXG), which has seen immense adoption and trading volume. Which is a great success for us.

We have formed strategic partnerships with lead blockchain companies and traditional gaming studios to help us enhance our credibility further and expand our reach.

Also, we developed and launched the NexGami beta successfully with critical features to enable Web3 integration. During the Beta test we got a huge response from the users. Almost 372k+ users participated in the beta test & over 72k NFTs were minted. This means a lot for us.

Q: Where do you see your project heading in the next few years?

Zahid: In my opinion, for a project, proper future planning is important. NexGami would look to increase its ecosystem with more games and gaming studios incorporating its offering thereby making it more numerous and diverse in consumer appeal.

Development of advanced functionalities, including distributed game development tools and enhanced NFT functionalities.

Concentrates on the scope for global expansion that would definitely result in peeping into new markets and new demographics, using partnerships and localized marketing strategies.

Lastly, Innovate continuously within the Web3 realm to keep leading upcoming technological trends.

Q: How does NexGami bridge the gap between traditional gaming and the Web3 ecosystem? How are Web3.0 financial attributes integrated into its game ecology?

Zahid: As bridging, traditional gamers to Web3 gamers is our focus, so we are helping developers reduce the transaction cost of integrating Web3 elements like NFTs and cryptocurrencies into traditional games and provide tools and SDKs associated with this. Also give them incubation support for the project with our upcoming NexGami Labs.

Also, we are trying to make an interface friendly to the end user, allowing traditional gamers to work with elements of Web3 without a need for deep knowledge of blockchain. For that we are working on NexGami Academy. So that users find it very easy in this bridging process.

Q: What are the benefits and utilities of the NexGami token within the ecosystem?

Zahid: In my opinion, utility is most important for any token. NexGami's token $NEXG has many utilities like In-game assets, Governance, In-game transactions & staking rewards.

Also, We are planning more utilities for $NEXG in the game. Like subscriptions, Super user mode etc.

Q: How does NexGami plan to build and maintain a vibrant community of gamers, developers, and investors?

Zahid: Before answering this question, I would like to send a gift for this vibrant community from NexGami. As a marketer my first focus was for the community, where Gamers, developers & investors can connect with each other. To keep the community active we will organize regular events, tournaments & challenges. Also, we will provide support, tools, and resources for the developer. Again dev can collect feedback from the users & do adjustments from feedback.

This is how we will build & maintain our community.

Q: How does NexGami support game projects from incubation to launch, and what services are included? Can you explain the process and benefits of token issuance and IDOs for games incubated on NexGami?

Zahid: I mentioned earlier that we are working on NexGami Labs to incubate projects. From our incubation, we will support from the financial round to launch like marketing, listing, dev tools & all necessary things that a project needs. We will organize IDO to raise funds for those projects. This is how we will incubate.

Q: How do you see the Web3 gaming market evolving in the next few years, and what is NexGami's role in that evolution?

Zahid: We all know that blockchain is the future. The gaming industry will also flow with this revolution. So we want to be the pioneer and innovator in this place. For that, we are focusing on the community. Also, we will adopt every single thing that we need to be a market leader in Web3 gaming. In short, in the next few years, NexGami wants to be the leader of the GameFi market.

Q: Is your platform suitable for crypto beginners? Or is it only limited for professional users?

Zahid: Yes, I mentioned earlier about the NexGami Academy. Where you can find all content for beginners. As our focus is to convert traditional gamers to Web3 gamers, our platforms are very beginner friendly.

Q: Do You allow suggestions and feedback from the community? Are we allowed in decision making? Do you put community into consideration?

Zahid: Yes, community is the most important thing for NexGami. So users can give feedback & we will adopt as our community members want. For all sectors of Marketing, Development & others.

Q: Do you have any audit certificate of your $NEXG project ? How do you plan to ensure the completeness of your $NEXG project?

Zahid: Yes, we have an audit certificate. You can check it through this link.

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

Zahid: NexGami's strongest part is that there is no other platform like us, who have all GameFi features for players, devs, and investors. With this point we can become a market leader.

Q: Is there a KYC requirement for the transactions we will make on the #NexGami Platform?

Zahid: No, there is no KYC requirement. Which ensures NexGami as a fully decentralized platform.

🎁 Participate in the NexGami AMA quiz now for a chance to win $10 in NEXG!

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

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

1. Pre-AMA activity: $800 in NEXG

2. Free-ask section: $50 in NEXG

3. Flash mini-game: $400 in NEXG

4. Post-AMA quiz: $750 in NEXG

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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