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AMA RECAP: ONESHOT VENTURES x IKONIC

AMA RECAP: ONESHOT VENTURES x IKONIC

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On 05th MAY ONESHOT Ventures has a Telegram AMA with IKONIC

PLACE : https://t.me/oneshotventures_chat
TIME : 10:30 AM UTC | 17:30 PM (UTC +7) | 05th MAY 2022
Airdrop : $100
Great, the AMA will be happening as follows:

ONESHOT VENTURES:
Our team has prepared several questions for you. Can we start?

IKONIC:
My pleasure to be here. Yes, I’m ready

ONESHOT VENTURES:
1. Can you describe a little bit about yourself and your project IKONIC ?

IKONIC:
My name is Sebastian, I’m the CEO of IKONIC. I have over 14 years experience in Banking, Financial services, Crypto and Blockchain. I was CEO for a SEA Crypto exchange between 2017 and 2019, CEO for an Blockchain Solution Accelerator company incorporated in Dubai and from 2019 until I joined IKONIC in July 2021. IKONIC was established in 2021, comprises of 15 internal team members and has as idea around creating an ecosystem around esports and gaming collectibles

ONESHOT VENTURES:
2. How did you get introduced into the crypto and blockchain space and what inspired you in creating and developing IKONIC?

IKONIC:
While I was working in financial industry, early 2014 I first got in contact with Bitcoin (at that time, was below $800). But I got more interest once I discovered Ethereum and understood the potential of the Blockchain Technology and I immediately understood the impact that can have in our daily lives. As a gamer for over 30 years, I was always fond on games and competitions (I did participate to some local FIFA competitions back in the days). And the idea of collectibles it’s not new. Until now, we were not able to create real collections from all the esports events and even gaming, but thanks to Blockchain Technology and NFTs, now it’s possible. NBA Top Shot was, in a way, an inspiration for us. We want to create a platform where people can create their own collections and the most valuable ones to become part of esports legacy. Collectibles for esports are now BORN!

ONESHOT VENTURES:
3. The mission and vision of IKONIC?

IKONIC:
IKONIC is the first dedicated NFT marketplace for esports and gaming collectibles. What we are trying to create is new or additional revenue stream for esports teams, players, gamers and streamers, by minting their outstanding gaming moments as NFTs and receive royalties every time those NFTs are resold in the market. We also want the creators and fans to get together, therefore we will create the venue for this to happen. Last, but not least, we want esports teams/athletes, to be recognized as true athletes and we are contributing on making that happen. Although we can see an improvement, there is still a stigma from some perspectives and esports still have a way to go to receive the same recognition as the traditional sports.

ONESHOT VENTURES:
4. What are the strengths of IKONIC compared to other competitors?

IKONIC:
I’ll start by saying that we are the first dedicated NFT marketplace for esports collectibles. I know I said it before, but it is very important to emphasise on this matter. With the gamification of the platform and the Metaverse (which I will explain in more details later), we create an unique ecosystem that will give the possibilities for both creators and fans/collectors to benefit, enjoy, explore and be rewarded. We are creating an ecosystem around esports and gaming, focused on constantly create value and utilities for both the token and the NFTs. NFT insurance is an added value, as there no other NFT marketplace offering it at this moment as shows the extra efforts that we are making to provide a truly unique ecosystem. I think there are more to add, but it should give a high-level overview on what we are creating with IKONIC.

ONESHOT VENTURES:
5. Can you share the past and recent achievements that IKONIC has accomplished?

IKONIC:
I think one of the most important achievement is that our platform is getting ready for launch. We will be able to offer the NFT Platform for our users from day 1 of Listing! We are currently auditing our Smart Contracts with a reputable auditor, HACKEN and we will be ready for a public beta testing soon. We will announce in the next days the details and it will be accompanied by a huge airdrop campaign! We created a state-of-the-art UI that will give a seamless UX to experienced users as well as newcomers. We have a number of partnerships already closed, such us P2E games, Tech providers, Security providers (LOSSLESS) and we are announcing today a partnership with a Top 100 CoinMarketCap Project, with an evaluation of over $1 Billion. And this is just the beginning

ONESHOT VENTURES:
Marvelous! Finally, let us wish the IKONIC project a better future together!
1. I noticed that IKONIC is a GameFi project that merges two genres: a collectible role-playing game and a great space strategy, now I ask you, are there other games that combine these two genres? And if you are the pioneers, what inspired you to merge them?

IKONIC:
I think this question is touching just a small part of our ecosystem. We are actually supporting any game genres, any cross-over between genres, both traditional and Play to Earn games. Think of IKONIC as a platform where any gamers from any platform, game genre can create/collect/play and enjoy the benefits that we will constantly create. Think of us of a platform where anyone is welcome and where the possibilities are endless.

ONESHOT VENTURES:
2. You are said that “WITH IKONIC ALL YOUR FAVORITE GAMES ARE NOW PLAY TO EARN ONES”. That is super super great. But I’m a bit curious as to how you can do that? And can you for example how League of Legends play to earn version would look like?

IKONIC:
Very good question. The explanation is actually very simple and it resides in the basic utility of our platform. You play, you create really outstanding moments (in any game, regardless the name or genre, as I mentioned before), you upload the video, use the editor to capture the most relevant part of it and mint it as an NFT. This will give you the possibility to earn from your skills and hard work needed to create those moments. You are the one deciding the price and the royalties. It’s in your power to monetize those moments. We are changing…no…expanding the concept of “Play to earn” to, basically, any existing game. You play, you capture, you mint, you earn. That’s all there it is.

ONESHOT VENTURES:
Next we are going to part 3 : Question on twitter
Question 1
I read that IKANIC plans to help gamers achieve economical freedom, by monetizing their best moments in gaming. How exactly can IKANIC assist me in achieving economic freedom? How are they going to make use of these tools to monitize their best moments in gaming?

IKONIC:
Good question. IKONIC is here to create a platform where anyone can have additional or new revenue streams. This is entirely in your hands. You decide which moments are great enough to be minted. You decide how many NFTs you want to create. You decide how you want to promote them. We offer you all the tools to do so and an evergrowing ecosystem where, through partnerships, collaborations with different esports tournaments, we expand the fanbase all the time. Which means that you, as a gamer, esports player have a whole new ecosystem to reach out to. We will have a Metaverse where the moments (the best of them) will be available in galleries, where people can visualise and even buy them. And an entire range of utilities for both tokens and NFTs. The value comes from what we are offering. It only depends on you how you will utilize the tools

ONESHOT VENTURES:
Question 2
On your website it is mentioned that “Beta Test” will be launched. So, How can we help as Beta testers? Is the test limited to a certain number of users or is it available to all? Can Beta testers suggest additional features besides reporting bugs and providing feedback?

IKONIC:
Excellent question. Yes, the beta testing will be available this moment, for the public. Yes, there will be a limited number of users that will be part of it and the details how you can be one of them will be released soon. The reason we want to do the Beta Testing is mainly to report bugs and provide feedback, but we will be more than happy to collect suggestions regarding additional features and add the most valuable of them in our roadmap and also reward the people who are proposing them.

ONESHOT VENTURES:
Question 3
What type of NFT can users minting, and what kind of NFT is #IKONIC equipped with which creation tool will allow for easy NFT minting? How easy will it be for ordinary users to do this without having to worry about encryption techniques and the complexity of NFT?

IKONIC:
Anyone joining IKONIC will be able to mint video NFTs from XBOX and PC (at launch), mobile and Playstation at a later stage. We will have a very intuitive video editor, you can choose your ratio to amplify the impact of the moment, NFT templates (video as well). The whole process is extremely intuitive and you need to have zero knowledge about encryption or complexity. That is handled by our platform. All you have to do is concentrate on capturing the most impressive and spectacular part of your gameplay and mint it as NFT. As I mentioned before, extremely easy to use for both newcomers and experienced people.

ONESHOT VENTURES:
Next we are going to last part: LIVE QUESTION
Next I will unmute the chat in 2 minutes and please choose 5 questions when I mute the chat again

COMMUNITY:
It’s easy to make a token but it’s really hard to make this token valuable? So what’s your startegy to make your token more valuable and what’s your plan to maintain token price and supply?

IKONIC:
That, I fully agree. Anyone can create a token. There are a few ways to maintain and increase the token price. First of all, creating utility for the Token from day one of listing is vital. If people don’t see any value in keeping/utilizing the token, the first thing they will do is dump it. Now, of course, not everyone understands the value of keeping it, but if you give them enough utilities, the tokens will stay with the users and they will be interested to accumulate rather than disperse. We will have staking available (3 levels of it) with different APR/APY and a lot of perks for the stakers. You can create/buy/sell NFTs with IKONIC tokens, competitions/events will require to own a certain amount of IKONIC tokens, discounts/bonuses, almost everything in Metaverse will require IKONIC tokens, creator pools, Lotteries. And these are just a few. Our aim is to constantly create demand for the token, increase the TVL (Total Value Locked) and create more value for the token by holding it, rather than selling it.

COMMUNITY:
Many projects look great only on their whitepaper & Roadmap but face many difficulties when trying to implement the project mission and end in failure. How does your project overcome every obstacle in its project development?

IKONIC:
That is true. A lot of businesses, in general, look very good on paper. I think one of the biggest statements here is the fact that we will have our Platform launched in the same day with listing. Which means, we are creating value from day one. We are currently raising funds in the private round and the investment will ensure that we will have enough funding to achieve everything that we have planned in our Roadmap and more. Furthermore, the platform itself will generate income. Therefore, there is no market dependancy, we have a very qualified team and we will always work together with our community to add value to the project. Having no market dependency is a great asset during unstable market conditions.

COMMUNITY:
Many projects look great only on their whitepaper & Roadmap but face many difficulties when trying to implement the project mission and end in failure. How does your project overcome every obstacle in its project development?

IKONIC:
That is true. A lot of businesses, in general, look very good on paper. I think one of the biggest statements here is the fact that we will have our Platform launched in the same day with listing. Which means, we are creating value from day one. We are currently raising funds in the private round and the investment will ensure that we will have enough funding to achieve everything that we have planned in our Roadmap and more. Furthermore, the platform itself will generate income. Therefore, there is no market dependancy, we have a very qualified team and we will always work together with our community to add value to the project. Having no market dependency is a great asset during unstable market conditions.

COMMUNITY:
AUDIT play an IMPORTANT role in enhancing the stability of any PROJECT. Do you have AUDIT CERTIFICATES . Or are you working to AUDIT your project to make it more secure and reliable?

IKONIC:
Yes, we do. We will have both our platform Smart Contract and the Token contract audited by HACKEN and we are working with LOSSLESS to implement their security mechanism inside our systems. Both are reputable companies. We also have DDOS attack protection and we are implementing a Bug Bounty program to discover system vulnerabilities and solve them firsthand.

COMMUNITY:
Nearly 80% of investors only focus on short-term token price instead of understanding the real value of the project. Can you tell us the motivations and benefits for investors to hold your tokens in the long term?

IKONIC:
Yes, that is true, unfortunately. However, our Tokenomics are build to spook the speculators, as the vesting schedule will not attract speculators. We will have 3 levels of staking, buy/sell NFTs with IKONIC token from day 1, competitions that require to hold IKONIC tokens, attractive APR for the staked tokens, Lottery tickets only in IKONIC tokens and more. It’s about what value someone will have by holding the token compared with selling it in the market. And the way we structured our ecosystem is that the holding will always be far greater than dumping it

COMMUNITY:
Revenue is an important aspect for all projects to survive and maintain the project / company. What is the way to generate profit / revenue of token? What is the income model?

IKONIC:
Very good question, indeed. First revenue model comes from the NFT marketplace, as we are charging a fee for every transaction. We are planning to implement on-ramp fiat option as well, so users will be able to buy either with crypto or fiat. There will be different charges (fiat more expensive), but it will be an option. Pack drops will be another source of income for IKONIC, as we will have plenty of collaborations and we will create unique pack drops for the fans. Brand collaborations, multiple revenue sources from the Metaverse, once will be launched, are just a few more examples that we are already prepared to create a self-sustainable ecosystem for IKONIC

ONESHOT VENTURES:
Do you want say anything before AMA end ?

IKONIC:
I would like to thank everyone for their questions and I’m sorry I was not able to answer all the relevant ones. Please follow us on all the social media and stay tuned as we have the Beta testing coming along with a huge airdrop campaign, a big announcement today and we are working to offer an additional presale for those who missed the first round of Private sale

Telegram — https://t.me/ikonic_moment
Twitter — https://twitter.com/official_ikonic
Medium — https://medium.com/ikonic-hq
LinkedIn — https://www.linkedin.com/company/ikonic-official/
Discord — https://discord.com/invite/FPckz79SUy
YouTube — IKONIC Channel
https://www.youtube.com/watch?v=ydxmrVLHNbc
https://www.youtube.com/watch?v=wrSLZypDFrg

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