Prizefighter X Crypto Miners AMA Recap

8 min readApr 16, 2022

AMA Intro:

Ramsy: Hello everyone and welcome to the Crypto Miners AMA session With Prize Fighter. Thank you all for joining us today. To help us learn more about the featured project of this AMA session, we are lucky to be joined By @gigi62121. Welcome!!! Thanks for bringing Us PrizeFighter.

Gigi: Hey Ramsy, its our pleasure to be here today.

Ramsy: I’m pretty sure that our Community is very much excited to learn more about PrizeFighter. So let’s get started if you’re ready!!

Gigi: Sure lets get started

2. AMA Questions

Ramsy: Please type “DONE”, after answering the corresponding question to avoid any confusions. First of all Please give us a brief explanation about ‘Prize Fighter’. What popped up in your mind to create such a platform in this Space?

Gigi: Sure. Prizefighter is a “fight to earn, move to earn” build on the Fantom Chain. Players can battle, join a tournament, staking to earn $RING tokens, and move to earn/ fight to earn in our VR boxing metaverse. Our team has been in the traditional game development industry for around 8 years already, and we wanted to find a way to reward our gamers for their time and effort in gaming. So last summer, we were watching a boxing match, and we suddenly remembered the word “Prizefighter”, which means some boxers play matches to win Prize money and cash reward, and from there, it becomes today’s Prizefighter. Please do join our community to understand more about the project, exclusive perks to our OGs will be available soon too, dun miss it:

TG Community: https://t.me/prizefighterp2echat

Discord Community: https://discord.gg/prizefighter

Twitter: https://twitter.com/p2ePrizeFighter

Announcements: https://t.me/prizefighterp2e

Website: https://www.prizefighter.gg

DONE.

Ramsy: Thanks Gigi For this awesome start about Prize Fighter. Now let’s see our second question from this segment.

Q2) So what are your main features and advantages that discern you from other Projects?

Gigi: I would say the fight to earn/ move to earn to be something that can clearly differentiate Prizefighter from other projects in the market. During the COVID lockdown, every one of us indeed needs some extra move to stay healthy, and its the trend to implement physical actions to games. On the other hand, the VR metaverse system provides the social gamefi element to the players. They will be allowed to run a boxing stadium business on our metaverse by recruiting top boxers from the tournament to fight for the World Championship as a group. The VR guilds are something that doesn’t currently exist in both traditional gaming and Gamefi. And Prizefighter will be on the Fantom chain as well. Our team noticed that Fantom chain has been gaining mass adoption in recent months. A very good example of games on the Fantom Chain is the Penguin Karts. They have gained great traction in both the project and token on Fantom. We can see a clear path to success with the great support from Fantom Chain, and from the increasing adoption to the chain itself. Our team is pretty sure that launching on Fantom chain will bring in large traction and exposure to Prizefighter”. DONE.

Ramsy: Q3) How has the experience and background of your team been effective in the success of your project so far?

Gigi: Yes. Our management team has been in game development since 2015, and our CTO has been in defi development since 2 years ago. Together, we try to strike a balance between traditional games and defi to provide an incredible user experience to both traditionally gamers and blockchain users. DONE.

Ramsy: 4) Now Share us about your Native token, What are the some of utlities of $RING Token in Your Ecosystem? And if possible share to us the Tokenomics.

Gigi: There are lots of utilities. For example, players can use it to Gocha legendary boxers and gear. They can also upgrade their gear and train there in-game boxers to increase their winning rate in matches. They will also need $RING tokens to pay for the entrance fee in tournaments and PVP matches. They will also need $RING tokens to pay for the entrance fee in tournaments and PVP matches. And with the PVP mode, non-fighting players can also place their bets to guess who will be the winning boxer of that match. Staking $RING will also bring users an unbelievably high APY. And here is the tokenomics:

As you can see from the vesting schedule, developers’ tokens are locked for up to 30 months. We are trying to let our users know that developers will always be here to ensure they have a great experience throughout their journey in Prizefighter. DONE.

Ramsy: Let’s move to our last question from this segment

Q5) So how long did it take to develop this project? What plans do you have for the future? And what can we expect from Prize Fighter If possible could you please share road map with us.

Gigi: It’s the 10th month since we started the development. Play to earn (Early Access) will be available to our most dedicated community users closely after TGE, and we are expecting the move to earn and fight to earn on VR metaverse early next year. They will be featured as the World Championship for the quarter and earn exclusive NFTs and boosters to make them even more robust. And with the limited 6,000 stadiums in the metaverse, players can also start forming their guild and be ready to earn the fame and gain in our Prizefighter Metaverse.

Here is our Roadmap:

Ramsy: Thanks Gigi for this well detailed introduction about Prize Fighter:)

And that’s the wrap up of our the first part of the AMA session.

Gigi: Thank you Ramsy

3. Live Q&A

Ramsy: Now Moving on to our last segment — Live Q&A

I hope you’re ready for that!!

Gigi: Sure. Hey guys, I have a custom rule whereby I will pick only the questions of people who have already joined our community, join now to get prioritized.

Join us and type a message in our community, and I will try to prioritize those users’ questions.

TG Community: https://t.me/prizefighterp2echat

Ramsy: Let me remind the rules for participants

In this Session, we will unmute the chat for 60 seconds so everyone can send their Questions to participate in the AMA.

RULES:

Each participant is allowed to send 3 Different Questions.

But each message contains 1 or 2 Questions.

You are not allowed to copy other’s participant question otherwise you will not receive the reward even you won.

Copied question from other AMAs or other Groups will be disqualified

Avoid tagging the guest or its username ( Remember you are not the only one questioning )

if you have been selected twice by the guest then it would be counted as “one”

To Eligible for Rewards you Must…

♦️ Join

https://t.me/prizefighterp2echat

https://t.me/CryptoMiners_Co

♦️Follow

https://twitter.com/p2ePrizeFighter

http://twitter.com/cryptominers_co?s=09

Kindly obey the rules guys. Chat Unmute in 3, 2, 1

Itz Abhi: I see there is a passive income through stadiums

Q1. How can I be one of the Stadium owners?

Q2. What benefits can I get after being a Stadium owner?

Gigi: Hey @itzabhi69 We will have an exclusive NFT boxer giveaway coming up in our community soon. And holders of those exclusive boxers will be whitelisted to our stadiums. Being a stadium owner, u will be entitles to a 10% passive income from tournaments, and u can also form guilds and hire other boxers and players to become your guild members and earn fame and gain of big prizepools and exclusive boosters

BTW guys dun forget to join our TG channel and say hi so I know you are there to be selected. TG Community: https://t.me/prizefighterp2echat

Uchi: Is Prize Fighter already audited? if so, where can I see the info about it?

Gigi: Hey @DoomFizz , u may join our TG community to stay connected, TG Community: https://t.me/prizefighterp2echat, or visit our website for sneak peaks: https://www.prizefighter.gg

Dr_Faith: Are you a global project or local project? At present, which market are you focus on, or is it focused on building and growing to gain customers, users and partners?

Gigi: @dr_faith Hi there, we are a global project targeting Worldwide. And in the next few weeks. So our target is pretty much worldwide. However, we do have specific area campaigns launched when real boxers are on board…Say, if we have a boxer from the Philippines, we will host a Philippines exclusive event.

Alchemy x Hunter: As you Mentioned #Metaverse War is an Play and Earn concept ,Do you Have any plans to add coin burn and Buyback option to increase the value of token and attract investors?

Gigi: @Alchemy11th Yes. We do have a burn mechanics in tournament and PVP, so that 10% spending on $RING will be burned out from the system. This will ensure the $RING token supply is decreasing, and in long term increasing the value of $RING token.

Sam: Do you Have an option to stake and Earn a passive income From PrizeFighters? is their any Lock in period If staking is available?

Gigi: @SamisHero Yes, we have the option to stake $RING token. And trust me, you will be amazed by the very high APY. Stadium holders will also gain additional income from tournament pool just by owning the stadium.

Tina: Where can I buy your tokens now, what are your current contracts address and how can I buy them and what are the benefits?

Gigi: @Tina5266 Hi Tina, IDO and TGE will be coming up real soon. Follow our community to get first hand information on our IDO and exclusive perks to our OGs. TG Community: https://t.me/prizefighterp2echat. And guys, dun forget to follow our TG community and drop a message there. We will answer questions from people who have joined our community first.

4. Closing Remarks

Ramsy: Congratulations All Winners. Thank you so much Gigi For your valuable answers and information about Prize Fighter. It Was Pleasure Hosting An Ama With You @gigi62121. Time To Conclude Our AMA Section. Is there anything else you would like to share or you want us to know ?

Gigi: First of all, Thanks Ramsy and Cryoto Miners for having us, the Prizefighter team here today.

We will have some very attractive perks and freebies to our community member as soon as today.

Dun forget to join our community for upcoming perks exclusively for our OGs. Free NFT mints, freshly minted $RING tokens, USDT and much more are coming in our community for our OGs. So become our OG today.

TG Community: https://t.me/prizefighterp2echat

Discord Community: https://discord.gg/prizefighter

Twitter: https://twitter.com/p2ePrizeFighter

Announcements: https://t.me/prizefighterp2e

Website: https://www.prizefighter.gg

Ramsy:Community, if you would like to learn more about Prize Fighter, here are some useful links for you:

Website: http://prizefighter.gg/

Twitter: https://twitter.com/p2ePrizeFighter

Telegram :https://t.me/prizefighterp2echat

Instagram:https://instagram.com/prizefighter_p2e

Discord:https://discord.gg/7GVb6cbaKW

YouTube:https://www.youtube.com/watch?v=3iyYnBCAuvI