RECAP| UPDEFI X METALINE AMA, 27 Apr, 2022
Introduction — Segment I
[Host1] Here we go!
[Host1] Today with us we have metaline
[Host1] Welcome, @Yah Can you start by giving us an overview of Metaline and your role on the team?
MetaLine is a metaverse game with a medieval nautical theme as the background. The game has three systems of production, trade, and war. The game contains multiple ports, where production and trade can be opened, and a floating price system is added. Different ports and different times have different price levels. A variety of game play, rich game system Players can freely customize the game plan according to their own time, investment and so on. MetaLine is committed to bringing stable benefits to users while ensuring high game playability.
Personally, I am the community and business manager of Metaline. I have many years of operating experience. Some of the projects I have worked on have gone to the first-tier companies, such as okex and huobi.
[Host1] We are glad to have you here with us today. Let’s start with a few questions before we go into the live questions sessions.
AMA — Segment II
You are free to add/edit/remove questions and answers content
[Required] Could you tell us more about Metaline? In other words, what does Metaline do?
Speaking of metaline, we have to first introduce the main product of the team, Decredit。DeCredit ecosystem has currently planned four types of products, Oracle, Defi, Gamefi and Socialfi
As the main product of the ecosystem, oracles affect the development of the entire ecosystem. DeCredit is a decentralized oracle ecosystem focusing on WEB3.0. It is a safe and cost-effective solution. Providing traditional API services, unlike Chainlink, DeCredit oracles extend blockchain by connecting smart contracts to real-world data, events, payment systems, and off-chain computing resources, while guaranteeing tamper resistance and reliability function.
OpenDefi is the second product in the ecosystem. Although it is not as good as other Defi products and how high TVL is, it has verified the feasibility of the DeCredit oracle.
Metaline is our third product that we are currently working on. In the Mateline game, DeCredit provides two oracle services: • Credit pledge: DeCredit provides off-chain credit ratings for on-chain players in the MetaLine game ecosystem, and players can lower their pledges Proportion, get a certain game reward. • True random numbers: DeCredit VFR provides true random numbers for MetaLine. This further verifies the practicability of the oracle machine, and at the same time we have a gameplay that is different from other projects, which will be discussed later.
Social is the product we plan to launch in the future, and SocialFi is a hybrid product of “social” + “finance”. It captures the social value of users by tokenizing social influence. The DeCredit oracle can inject trusted off-chain data into SocialFi, improving
SocialFi self-consistent economic system.
In the future, we will also launch DAO to hand over governance rights to the community and realize web3.
[Required] There are many similar projects out there, some have been quite successful, such as BNX, etc. What is special about Metaline compared to other projects?
One of the most important concepts in the Gamefi project is play-to-earn. This method or form has appeared in the earliest online games in China. Such as Stone Age, Legend, Marvel, World of Warcraft. Even in order to ensure the security of player transactions (the transaction between virtual items and legal currency), the largest virtual item trading platform in China — 5173 was born. Among the many games in the last year, I think Thetan is more successful, because he is not only play-to-earn, but also play-to-fun. With some big game companies entering the web3 field, I believe there will be more in the future. When a good gamefi comes out, Metaline, as a strategy game, is also the entrance for users to enter web3. NFTs holding Metaline have the following rights:
1. Before the game is launched, users can participate in NFT pledge to obtain the ecological token $CDTC.
2.NFTs are sold in limited quantities and are scarce. We plan to sell xxxx in the first phase, which has high liquidity in the secondary market.
3.NFT holders can obtain voting rights and participate in the game ecological governance.
4.A part of the $CDTC used in the upgrade of NFT will be destroyed to deflate CDTC, thereby increasing the value of NFT and CDTC
MetaLine is different from the simplicity and rudeness of other chain games, the temptation of high interest rates, and the limitation of life cycle. MetaLine differentiates itself from most GameFi products on the market through playability, sustainability, ecological development, and unique tokens.
Our gameplay will be mentioned later, the game is restored according to the Google map 1:1, bringing players a super restored game experience.
[Host1] Remember to check out the following social media and website:
🌐 Website: https://www.metaline.games/#/
[Optional] Can you speak to us about your decision to build on BSC?
As the official blockchain of Binance, I think bsc has infinite possibilities. We believe that bsc has the following advantages: low gas, high security, many users, and many gamefi with good data on bsc and achievements, at the same time as a gamefi, there is a huge demand for interaction, bsc can reduce the handling fee used by users
[Optional] Great, could you give us some info on the Meatline Token?
CDTC issued a total of 300 million coins, the distribution is as follows
20% of the total amount (that is, 60 million CDTCs) supports the ecological development of the oracle machine and provides ecological support for the ecological development and application of the oracle machine.
Staking and yield farming:
25% of the total (ie 75 million CDTC), node pledge and liquidity mining.
Marketing and community Treasury:
15% of the total amount (ie, 45 million CDTC), market and community governance, used for community building, DAO, brand building, and node incentives.
20% of the total amount (that is, 60 million CDTCs) is suitable for early investors of team advisors and early ecological supporters.
20% of the total amount (ie 60 million CDTCs)
[Optional] We have also noticed that the essence of many gamefi is fi rather than the game itself, so does Metaline develop its own games, and how should players use the products?
Yes, we are developing our own game, the game will be officially launched after the sale of the blind box, the gameplay is as follows: (previously made renderings). There are many interesting points in the game;
Production: Each port specialty. By staking CDTC to start production tasks, the production speed and income of different goods are different. Try different combinations of production tasks. After the production is successful, you can choose to open the nautical trade, sell it to other ports, or sell it to port players through SWAP.
Trade: Select merchant ships, which can be obtained by purchasing NFTs, building ships, and upgrading ships. After the goods and merchant ships are in place, the transportation trade can be started by selecting the destination port. Different goods have different prices in different ports, and players need to find potential business opportunities by themselves. After arriving at the port, sell the goods for gold coins.
NFT system: NFT hero, NFT ship, NFT has five qualities of N, R, SR, SSR, UR, the higher the quality, the stronger the ability. By using NFT, players can greatly improve the efficiency of production and trade. NFTs are sold through blind boxes or the official NFTmarket.
Shipbuilding system: When players do not purchase NFT ships, they can obtain merchant ships through shipbuilding. Merchant ships will need certain raw materials. After collecting the raw materials, the construction of merchant ships can be completed.
Business alliances (guilds/communities/KOLs): Establish business alliances and recruit players. Business alliances have exclusive BUFF attributes, and will also open various business alliance activities from time to time, such as port auctions, arenas, etc. Through the activities, the business alliance can obtain a lot of income, and the leader can distribute the corresponding income to other members in the business alliance to share the income.
Transaction: Players can buy and sell goods through SWAP, and SWAP supports game gold coins and CDTC for settlement. In-game transport goods can only be obtained through production and SWAP.
Bank: Exchange gold coins into CDTC, update it at 24:00 every day, calculate the amount of CDTC exchanged according to the daily exchange volume and the number of exchange people, and put the CDTC into the user’s wallet.
In the first stage, we will sell the first batch of Genesis Blind Boxes. All NFTs are hero cards. The hero level ranges from R-SR and will never be issued.
In the second stage, we will sell the second batch of blind boxes, NFTs are all battleship cards
The third phase will launch as many as dozens of commodities for players to trade, and will also conduct private and public port auctions at the same time.
The fourth stage will open pve for players to compete.
Players can match their own strategies according to their own strategies and choose the most profitable way to play the game.
[Required] How does your project guarantee users’ asset safety?
Yes, I think our security is very good. All our code is open source. In addition, we have sent the game code to Certik for audit. After the audit, the security of users’ assets will be better guaranteed.