Ask Me Anything (AMA) with Allwin at ICO Speaks: Summary
December 4th Alwin held an Ask Me Anything session at ICO Speaks telegram chat. From the Allwin side, there was the Rico Pang – Co-founder of ALLWIN
DeFi game with yield farming on Zelwin.Games platform
Can you introduce yourself to the community? What is your background, full information and how did you join Allwin Project?
Hi Everyone, Nice to meet you at ICO SPEAKS! I am RICO PANG from Kuala Lumpur, Malaysia.
I am the Co-Founder & Managing Partner of Sanctum Global Ventures. We are a venture building firm and we also invest in technology ventures.
Zelwin.Games AllWinDeFi is one of the ventures we are working closely Zelwin, Nikolay who did an AMA few days ago here too.
_______________________ Let’s get started!___________________________
Q: What is Allwin Defi?
A: Allwin DeFi provides a prediction game for cryptocurrency price changes. If the prediction is successful, the player will receive a 100% reward minus the commission, which is “Fun Guess Up and Down”! If the price of the asset selected by the player drops/increases more than the price of the opponent’s asset, after deducting the commission, you will get a reward equal to 100% of the bet.
Allwin’s “Fun Guess Up and Down” game time is fixed. Each new round starts immediately after the previous round ends and lasts 3 minutes. Therefore, 20 rounds can be performed in one hour. One important point to emphasize is that the number of times players can participate in a round is not limited.
To play Allwin, players do not need to have a deep understanding of the cryptocurrency market. Another difference between ALLWIN and many similar games already on the market is absolute transparency. Each participant will not rely on solutions from systems, algorithms or other software tools. Participants only compete with other participants (with friends or random opponents) for the correctness of the prediction.
Q: What is the relationship between ALLWIN and Zelwin Games?
A: Allwin DeFi is Zelwin.Games’ first game platform to support Allwin tokens. Zelwin.com has built a DeFi ecosystem by investing a total of 350 million US dollars in budget. Zelwin.Games is a DeFi game platform with its own Allwin token, which is part of the Zelwin ecosystem.
At present, in addition to developing existing DeFi ecological games, Allwin will also launch several new games with new mechanisms in the next few months. It is worth mentioning that the market data in the game has been assisted and supported by Binance, and is committed to provide users safer and more convenient services, aggregate global high-quality blockchain assets, and create a world-class blockchain DeFi game platform. The participation and support of Binance is an important decision for Allwin to enter the global market. The Allwin team also welcomes more game developers to join Zelwin Games.
Q: How to get income from Zelwin Games?
A: 1) Game Revenue
In Zelwin Games, 100% of the revenue comes from the player’s game pledge. If the digital currency asset you pledge will rise more than the opponent’s cryptocurrency asset or fall less than the opponent’s digital currency asset in the next few minutes, then You win the game and double your tokens with a 100% fair game.
2) Invitation Revenue
Among the players who invite each other, the recommended allocation for the 4 levels is 40%, and each level is 10%. For example: each player invites 3 friends, and they play an average of $1 per day. The average daily cost of such games in the industry is US$100. There will be competitions held on the platform every day. According to the results, the most active participants will receive bonuses! As you can imagine, the benefits of invitations are also considerable.
3) Liquidity Mining
Allwin mining will be unlocked 30 days after the lock-up day. You can trade your tokens on trading platforms that support Allwin, such as Uniswap and BiKi and other digital currency exchanges. Of course, in order to increase income, you can also participate in Allwin mining again.
4) Marketing Plan
You can purchase Allwin tokens from your personal account on the Zelwin.Games platform. The package prices are 100U, 1000U, 3000U, 5000U, 10000U. You can receive a total of 20% from the 1 to 5 levels of the partner’s deposit amount.
Q: How to participate in Allwin games?
A: Collective ownership allows everyone to be part of this major breakthrough. By participating in Allwin, you will have the opportunity to make money in the following five ways:
1) 100% real DeFi game, you can double your funds in a few minutes;
2) You can earn a profit of 40% of the pledge deposit amount through four levels of friend pledge;
3) Participate in mining with Allwin tokens through your personal account, and get 60% of Zelwin Games revenue;
4) Through the invitation mechanism, you can make a profit of 20% of the deposit amount from 5 levels;
5) The most promising DeFi project developed by a strong team will increase the price of tokens rapidly.
Q: Which exchanges are ALLWIN currently listed on? Will the top CEX exchange be listed in the future?
A: ALLWIN is currently listed on a DEX Uniswap and a CEX BiKi. In the future, ALLWIN will actively prepare to list more top CEX exchanges, such as Binance, OKEx, etc.
Q: Who formed Allwin?
A: Allwin’s team members are formed by excellent blockchain teams and industry experts. They are optimistic about the development prospects of the project. At the same time, Zelwin Games’ goal of capitalization in the next 5 years will not be less than 500 million. According to the interests of market token holders and the growth of the platform, Zelwin chose the best way to play and entertain.Zelwin Games continues to improve with the development of the underlying architecture, and will improve the blockchain technology-based on Ethereum to strive to occupy a leading position in the market.
Q: What are the recent developments of Allwin? What is the next plan?
A: Our next plan is to add more games on the basis of the original games. You can look forward to it and see if the card game, Mahjong, will appear on our platform.
Q: The recent NFT fire, will ALLWIN also have NFT gameplay?
A: NFT gameplay may not be launched at this stage, and our focus will be on the improvement of platform functions and the increase of game types. Provide users with an interesting game trading platform
Q: Why do you call the game mining where in fact the players are betting against each other? why do you set it at 3min each game? Do you plan to add a long time frame for the game?
A: There are two separate things4. The 3 minutes is a guessing game, mining is farming/staking in the zelwin.games. when you login and register for the free account, you will understand.
Q: I am a professional vulnerability finder on the web, do you think Your system is secure enough from hackers? Does your project have a program that rewards individual vulnerability detection of the system?
A: Yes, we have designed in many cybersecurity mechanisms and fraud prevention strategies in our architecture.
Q: I saw the celebrities of the crypto world on your website (Vitalik, Satoshi, Justin, etc). Do they have anything to do with Zelwin games or is it just a symbolic image?
A: We allow users to reload their accounts with these major cryptocurrencies in our DeFi platform. The first game launched is based on these major crypto’s performance competitions too. Yes, it’s got to do with all these Bitcoin & other shitcoins.
Q: Asia, Africa and other communities ARE all Non-English speaking communities, how will ALLWIN create global adoption to more local communities?
A: We are building our communities to and recruiting partners globally to join us! Feel free to contact us to grow your network locally!
Q: Any small coding error can permanently damage the entire assets of the LPs. This is the biggest risk of Yield Farming. How will you deal with this problem? Has your smart contract been audited by any blockchain system?
A: Yes, our smart contracts are all audited. That’s a given
Q: There are lots of new protocols launching that are designed to bring non-ethereum tokens to ethereum via a bridge. Is this something as a lending service you are looking forward to?
A: That’s not the our core business for Zelwin.Games. That’s something our Zelwin Ecosystem can explore in the future if there are good propositions.
Q: Is it mandatory to do some KYC verification to be able to use your platform without limitations?
A: b At this stage we do not have KYC verifications. So anyone can learn to play and join our platform.
Q: If you guys were me. where would you buy Alwin tokens and how much?
A: You can buy it on Uniswap or Biki Exchange
Q: What is your strategy for marketing and for Mass Adoption? What message do you want to send to the community through AMA today?
A: We are conducting AMAs and we have many zoom meetings with community leaders globally, we also work with top PR/Marketing agencies to promote our platform. Because we have a very attractive referral system build in, it’s network effect has been really awesome! With this, our expenditure on marketing is cost saving
Q: Can you list some great features of Allwin that make it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about?
A: Yes, we are the first gaming platform on Blockchain with transparency and innovations in the referral marketing mechanism and staking/mining. We don’t see anything similar built-in the DeFi space. You can play and farm at your own choice!
Q: Each user has the opportunity to double x2 Allwin tokens in 3 minutes in a bet with other players on the Zelwin.Games marketplace. Why exactly 3 minutes? And the player – opponent is provided randomly or can I choose it myself?
A: You can play with your friends or with random people. Top Winners stand a chance to win $300 every day!
Q: What features/improvements are you planning to add to your products in the near future?
A: We are looking for feedback from our community and leaders to bring better gaming experiences to all! If you have any suggestions, please contact us.
Q: No Project can ever Guarantee the Safety & security of the Platform, Isn’t it? What is Your Plan to do that?
A: s our wallets are built on DeFi, all transactions on the wallet are recorded. Isn’t this safe enough?
ICOSpeaks hosted an AMA Session with the Allwin Team. That’s all for today.
Thanks to all users who participated.
Thanks, Allwin for being with us
Thanks, all and see you soon😉
Wanna know more?
Take a look at our other ama sessions