DFSOCIAL ($DFS) AMA @CryptoStarship πŸš€ Recap

Tokken: $DFS πŸ’Ž

DeFi + Gaming: Play your favorite games and earn crypto

Twitter: https://twitter.com/DFSocial_Gaming

Telegram: https://t.me/defisocial

Website: https://dfsocial.com

Medium: https://defisocial.medium.com/

Docs: https://defisocial.gitbook.io/dfsocial-gaming/

Summary: πŸ“ˆ

Price: $100$

Mcap: ~$300k

Holders: ~300

Audited: Yes (Shappy β€” War on Rugs Review)

Liquidity Locked: Yes (1 year on Team.Finance)

Working Product: Yes: Staking, Farming, Gaming Platform

Community: Very Engaged.

Competition: Exeedme $XED https://www.exeedme.com/ β€” Mcap ~9mil (product under development)

Founder: Ibay Salgado β€” Lead Dev/ CEO. Works for MicroStrategy.
Former Chess Champion. Team names are public on Docs. Will appear on camera over Twitch livestreams, later on Q1 Roadmap.

Price Action:

Relevant Alpha Notes: πŸ’°

1) Gaming Platform Just Launched ! 1st Tournament will commence right after AMA Festival. 24th Jan !
First Game, as per community request will be League of Legends!

2) They will allow 10 seats per AMA to whitelist earlier for 1st Tournament (100 Players Total):
https://forms.gle/R9N9F8eW93Td1s7Y7

3) Team has a full week of planned Marketing ahead, with another 6 AMAs coming during their AMA Festival:

AMA GROUPS:
18th- Venus Queen:
https://t.me/VQandFriends

19th- AMA Lovers: https://t.me/amaloversclub

20th- The NerdQuarter: https://twitter.com/TheNerdQuarters?s=20
Group will be opened for AMA.

21th- Infinity Gainz: https://t.me/InfinityGainzz

22th- War on Rugs: https://t.me/waronrugs

23th- CRYPTONEWSID: https://t.me/CryptoNewsID_Group

Telegram AMA Conversation Recap: πŸ“

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
I’m going to mute the chat and go ahead with another AMA today, with $DFS Lead Dev/ CEO Ibay Salgado

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
Alright, good afternoon everybody ! Thanks for being aboard

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
Only admins can talk now and ibay.

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
Ibay welcome aboard !

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
Thanks for allowing the opportunity to kickstarting the AMA Festival ;) we are looking forward to share the good news

DFSocial (Official) I dont PM you first
Hello everybody!

DFSocial (Official) I dont PM you first
Thank you guys, is is a pleasure.

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
Alright most of us are all very familiar with the project so we will go very quickly through the basic topics and then jump right into the newer stuff

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
Tell us really quick what is DFS mission for someone that might not be familiar ?

DFSocial (Official) I dont PM you first,
[In reply to Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€]

DFSocial’s mission is to build a blockchain-based gaming ecosystem that rewards players for playing and competing in the most popular and played games. To this end, we have created a token with which to reward gamers.

crypto2001
[In reply to DFSocial (Official) I dont PM you first]

I am a gamer myself and if i can get paid for playing, then thats a no brainer.

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
Nice ! So far we’ve been pretty impressed with the development of the team.
We were happy to see War on Rugs review on the project and see you check the safety part, audited by Shappy and with all the locks with team finance.

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
What is the current circulating supply and tokens staked / farmed ?

DFSocial (Official) I dont PM you first,
[In reply to Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€]
Yes, the safety of the holders is very important to us βœ… No rugs, no bugs… and team identities will be published too.

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
Yeah everybody is looking forward to see your faces I believe, trust is a important thing on the space. That will happen with the Twitch Live Streams this Q1 correct ?

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
[In reply to crypto2001]
Yeah I guess it’s every gamers dream to be paid to play. And even other defi guys won’t bother to get back to playing games if they are actually earning tokens πŸ‘ŒπŸ»

DFSocial (Official) I dont PM you first,
[In reply to Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€]

Right now is around 2930 (our last calculation), but it changes every day. In the staking pool A there are 35.5 DFSocial staked. In the staking pool B there are 2537 DFSocial staked. In the ETH/DFSocial farming Vault ( which has already finished) there are 1.59 ETH/DFSocial UNI-V2 tokens deposited. In the ETH/DFSocial farming Vault 2 there are 8.72 ETH/DFSocial UNI-V2 tokens deposited. In the DFSocial / TRI farming Vault there are 0.01 DFSocial/TRI tokens deposited.

DFSocial (Official) I dont PM you first,
[In reply to Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€]

Yes, once we publish our Twitch Channel we will do a β€œIdentities Reveal Show”, and you will be able to see us. Q1 βœ…

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
Nice detailed report ! That’s a lot of tokens staked, which definitely translated to strong support and accumulation range that happened last week. Pool A is fixed at 72% APY year and the pool B is variable. Which is a pretty new thing on the defi space correct ? I myself haven’t seen it like that in another project.. What is the current APY ?

DFSocial (Official) I dont PM you first
[In reply to Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€]
Well, yes, it is something new that has not been seen until now. We expect more to come!
Right now in pool B there are 143 stakers, so the return is equal to 143 %APY.

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
Nice !

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
And I’ve notice the farmers have been getting nice rewards as they aren’t that many yet right ?

DFSocial (Official) I dont PM you first
[In reply to Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€]

The truth is that since they are few, they are less when it comes to sharing the reward (it must be taken into account that the total reward is fixed, and is shared among all the farmers according to their contribution). They are going to hate you for sure, because they are now getting huge rewards each week.

crypto2001
Gaming as we know is a multi-billion dollar industry. Do you feel β€˜blockchain gaming’ is the next big thing, still in it’s infancy, and how do you see this tech gaining adoption going forward?

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
[In reply to DFSocial (Official) I dont PM you first]
Ahah yes, @Blurbl did a nice table on farming APY. Feel free to share it.

DFSocial (Official) I dont PM you first
[In reply to crypto2001]

Of course, the gaming industry will be based on blockchain in the future, I really think so. We are only living the first stage, but we have ahead a revolution in everything related to payments, information storage and even the games themselves.

DFSocial (Official) I dont PM you first
[In reply to Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€]

Yes, please. And thank you @Blurbl ! I am sure it is very useful for new farmers.

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
Nice, so current market cap is only ~300k still, pretty early gem.
Who do you see as competitors and what are their market cap?

DFSocial (Official) I dont PM you first,
[In reply to Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€]

We saw some days ago a project called Exeedme, which mission could be similar to ours. Their market cap is 6 mil, if not mistaken.

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
Very good, I had compared myself both too, and they seem to be the main competitor indeed, definitely interesting to compare their 6 mil cap to yours 300k. You guys seem to be sitting quite at a very good deal right now ;)

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
So we talked about the defi part, let’s talk about the gaming part and what most of the questions are about

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
I’m told there are some surprises for today… tell us about product development ?

DFSocial (Official) I dont PM you first
Yes, we have a surprise… Let’s save it for the end

DFSocial (Official) I dont PM you first,
[In reply to Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€]

Great, our gaming platform is getting ready. We are executing fast and very soon holders will be able to earn tokens by playing their favourite video games. Today’s surprise is something related to this…

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
Nice, you guys been nailing the roadmap until now ;) any estimate for when it’s gonna launch ?

Satoshi Nakamoto
Hi @DFSocial. If I may also ask a question. Are these games your own, or you partner with leading gaming industries? I saw some League of Legends characters in the AMA fest poster, so I was wondering if you partnered with Riot Games, as I am aware this has a HUGE gaming community

DFSocial (Official) I dont PM you first
All right, let’s say it now

DFSocial (Official) I dont PM you first
Once the AMA Fest is finished, the first DFSocial tournament will begin. The chosen game is League of Legends. It will have a duration of 8 days (1 inscription day and 7 gaming days)

DFSocial (Official) I dont PM you first
It means that our first tournament will begin in 1 week from now. Gaming platform is ready for this purpose and we will publish it very soon.

DFSocial (Official) I dont PM you first
[In reply to Satoshi Nakamoto]

Games will be well known. But we also have plans for our own games in the future.

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
Wow ! So you guys are definitely ahead of schedule and rocking that roadmap. Most projects tend to be late, it’s nice to see one ahead !

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
So let me get this straight … people are gonna get to play their favorite games and get rewarded for it. That’s kind of a big deal ! How will that tournament consist ?
I’m not a LOL player myself, but will that judge levels ?

DFSocial (Official) I dont PM you first
[In reply to Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€]

Yes, there will be 100 DFSocial tokens as total reward. Every gamer will earn a proportion of this reward, depending on how many levels did he leveled up (LoL account) during the Gaming period (7 days). This first tournament is up to 100 players.

DFSocial (Official) I dont PM you first
We are going to publish all rules, instructions and requirements needed to be able to join the tournament and earn while playing LoL.

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
Wow, nice ! So people register for it, then go play their game as usual, like they already do, and then after 7 days based on how much they players and leveled up, they get rewarded in dfsocial for their performance. This might be every kids dream, that is not yet a pro e-sports player ;)

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
I’m quite impressed to this cross over of defi and gaming πŸ‘ŒπŸ» being a 159 billion industry, I see a lot of possible market and users to come.

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
How much total gaming rewards there are to distribute in your contract ?

DFSocial (Official) I dont PM you first
[In reply to Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€]

Exactly, many children’s wishes come true. But not only that, the best players will receive better prizes. This will incite the best players to join the tournaments and will encourage the creation of competition.
Also, following the idea mentioned above, the players who manage to stay on the podium (3 first positions) will receive a very special prize with which to boost their experience in the DFSocial ecosystem: 1 unique NFT with a unique name, a unique image and a unique BONUS that will allow them to obtain some exclusive advantage.

DFSocial (Official) I dont PM you first
[In reply to Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€]

There will be 100 DFSocial tokens to share between the 100 players, according to their score ( number of levels climbed up ). Also, the first 3 NFT tokens will be sent to the podium gamers.

DFSocial (Official) I dont PM you first
[In reply to Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€]

If you refer to how many tokens do we have to reward with, there are 5000 DFSocial tokens locked for this purpose. We also have another 1000 locked tokens as reserves.

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
Nice ! So then room for a lot of competitions ahead !

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
How often will they happen ? Weekly ?

DFSocial (Official) I dont PM you first,
[In reply to Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€]

Yes, we will start doing weekly tournaments, but could be changed later. We will also have DFSocial Leagues, with a longer duration than tournaments.

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
This is a personal request, but being a former counter strike player when I was younger, I definitely wouldn’t mind to come back to play and sure want to suggest that game for the future as well ! Would be interested to see teams of different telegram groups battling each other πŸ˜ŽπŸ‘ŒπŸ»

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
[In reply to DFSocial (Official) I dont PM you first]

Good stuff !

DFSocial (Official) I dont PM you first,
[In reply to Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€]

Interesting… We are opened for community ideas, and for games requests too! Community feedback is great :)

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
So all these games have huge communities behind that are likely not yet introduced to crypto, so you guys might actually really help with adoption and bring defi to β€œnormies” that’s quite amazing actually πŸ‘πŸ»

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
I’m sure they gonna come for games, and stick around for the fat APY’s 😎πŸ”₯

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
Great surprise ! And I foresee interesting marketing ahead !
So on the billboard it says that there will whitelists for the AMAs, what can the starship expect ?

DFSocial (Official) I dont PM you first
[In reply to Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€]

Yes!

DFSocial (Official) I dont PM you first
We have prepared a Google form to share at the end of each AMA. The first 10 to submit (10 per AMA), will have a slot reserved in the tournament during the first 2 hours of registration.

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
Great ! Make that 9, because I’m in !

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
What is the link ?

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
And when can we see the gaming platform itself ?

DFSocial (Official) I dont PM you first
[In reply to Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€]

https://forms.gle/R9N9F8eW93Td1s7Y7

DFSocial (Official) I dont PM you first
[In reply to Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€]

Very soon, tomorrow will be published!

DFSocial (Official) I dont PM you first
Could be even before, we are just getting docs ready.

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
Good stuff ! Well Ibay, I’m pretty happy with these updates and don’t have more questions on my side. I will leave it for other admins to ask first if they have some, and then to rest of the starship!
And good job πŸ‘πŸ»

DFSocial (Official) I dont PM you first,
[In reply to Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€]

Thank you very much @CryptoPilot16 !

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
Also @OxShelby just corrected, turns out that mcap of exceedme is actually 9 mil circulating as the gaming market potential is a huge. And they don’t even yet have a working product like you guys. It might have turned even more bullish !

DFSocial (Official) I dont PM you first,
[In reply to Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€]

Nice catch! Even more difference then between their market cap and ours

Crypto Pilot πŸ‘¨πŸ»β€πŸš€πŸš€
I will open now the chat and feel to stick around and answer questions from the starship if you would like πŸ‘πŸ» and thanks again for being here today !

END

Thanks for Joining us, and Welcome Aboard The Starship !

Twitter: @GroupStarship or @CryptoPilot16

Telegram: @CryptoStarship
https://t.me/cryptostarship

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CryptoStarship πŸš€

CryptoStarship πŸš€

Twitter: @GroupStarship / @CryptoPilot16 Telegram: @CryptoStarship