AMA Recap: Legend of Fantasy War X Binance NFT
Legend of Fantasy War (LFW) Mystery Box II sale on The Binance NFT on Jan 4th, 2022, and weβve had an AMA to give more detail about our project and upcoming Mystery Box NFTs.
Kenneth
Welcome @ThomasLFW! π
Thomas Lang, LFW CEO
Hello @Kenikky,
Hello Binance NFT community.
Kenneth
Great to have you here just in time for New Years π
Thomas Lang, LFW CEO
Yes, I want to wish everyone a happy and prosperous new year on behalf of the entire LFW.
Kenneth
Can you please introduce yourself? π
Thomas Lang, LFW CEO
I'm Thomas Lang, CEO and Co-Founder of Legend of Fantasy War.Β
π Follow Our Official Channel π
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Today I am very honored to represent LFW in today's AMA with the Binance NFT community.
Legend of Fantasy War (LFW), a unique brand new blockchain game with an engaging storyline. As we have our own solid studio, more games will be released by us in the near future. By holding LFW token, you will have access to our first game and LFWβs ecosystem very soon.Β
Recently, we have NFTs offering at Binance NFT, GameFi, Apollo-X.Β
One again, thank you very much for your support. We are highly appreciated for that.
Kenneth
Lovely to meet you.
Can you please introduce your project and the problems you want to solve / Solutions you are proposing? π
Thomas Lang, LFW CEO
Sure definitely. We would love to share with the community about us, about what we are working on and what is our objective.
Legend of Fantasy War is a stunning 3D turn-based multiplayers role-playing game, with hundreds of NFT heroes with distinctive abilities to choose from. It will take a real tactical master to assemble a team that could overcome all obstacles, defeat powerful bosses and reach the grand finale to shape the destiny of a fantasy world.
We have a professional studio - LFW Studio. The studio used to work with Tencent for a project! Therefore, Legend of Fantasy War will be our very first NFTs game, we aim to build a long-term future, a new trend, a new breakthrough in the blockchain field with its own ecosystem - that is our multiverse Legendary Fantasy World, with more games, more fun, more chances to invest and a developing space for a metaverse also.
We are providing a FANTASTIC game to play, and a whole new sustainable earning system. Instead of spending a lot of money to play the game, LFW will provide millions of people around the world with a whole new experience in which they will make a profit from playing games and holding $LFW.
You can read more about two main ecosystems of blockchain game on market at the moment here: https://news.legendfantasywar.com/the-facts-about-play-to-earn-the-crypto-markets-mainstream-in-2021-64dc8df08e6d
And you can share your thought with us here: https://t.me/LFWCommunity
In the first game, there are two types of NFT heroes in our LFW game Legend (Ancestor) and Legacy (Disciples) and a variety of on-chain rewards that can be exchanged for LFW tokens. ββTo ensure transparency, the Legend NFTs are only sold via Binance NFT, ApolloX, and GameFi before the game launch and then holders can trade on our NFT Marketplace. All income from the sale will be used to develop products, buy back and provide liquidity.
Introduction about our marketplace is here: https://news.legendfantasywar.com/coming-soon-the-lfw-marketplace-520fddefcca6
LFW Mystery Box II: https://www.binance.com/en/nft/mystery-box/detail?number=1&productId=173304848325765120
Share your thought with community about our NFT here:
Kenneth
Could you introduce your project core team also?
Thomas Lang, LFW CEO
I am working with a team consisting of people who are senior, highly skilled in Gaming industry and Blockchain industry. The team has a strong background and worked for IBM, Michigan University, Manchester University and we have close connections with VCs and Community.Β
Own team members have more than 100 academy publications in different fields from Machine Learning, AI, to Blockchain. Recently, our CTO has received a pattern about Cross-chain technology granted by the US.
Bringing Blockchain technology into the entertainment industry is our main goal. We expect that LFW will be a technology platform that brings a comprehensive Blockchain solution to the entertainment industry. This will bring transparency, and fairness to everyone involved, ensuring decentralization for everyone.Β
A team of experienced developers who have worked in large corporations around the world. We have also built LFW Blockchain Research Lab, an organization that recruits many talented engineers and scientists, and aims to build a better world for crypto. With the dream of bringing blockchain technology applications to the entertainment industry including games and Metaverse, we have constantly urged us to implement this project.
Highlights about our project:
Advisory Council of a Launchpad:
Review Committee Member of a big Chain:Β
To bring more benefit to LFW holder, we do have:
Research lab: https://news.legendfantasywar.com/lfw-blockchain-research-lab-blockchain-standardization-223b80c761b8
Blockable: https://news.legendfantasywar.com/blockable-a-home-for-block-creators-and-lovers-400c5d181854
Kenneth
So far, Howβs LFW doing? What are your achievements? And what are your next steps?
Thomas Lang, LFW CEO
Well, so far so good.
In the year of 2021:
- We successfully launched LFWβs IDO on Pokastarter and IEO on Gate.io on the same day.
- Own LFW token is listed on many big exchanges.
- We also have introduced our DeFi Trading Center for staking.
- Thanks to Binance support, we are currently airing our first series of talkshow and AMA on Binance Live, called LFW - Road to Legendary series. At the show, we talk about the new trends and also applications of Blockchain to life.
- We have already reached the stage of releasing a closed beta stage for Legend of Fantasy War.
Testers has very nice comments to our game:
More feedback can be found here:
In the year of 2022:
We are going to launch our NFT Marketplace. Highlights:Β
Legends Marketplace first decentralized marketplace is a complex of DeFi Center, Crypto Asset Management, NFT Exchanges for global users.Β
To create a better user experience with scalability by self-developed cross-chain solutions applied for Blockchains project.Β
Cross-chain solutions for not only network tokens but also can be used to bridge collections for NFTs.
Customized for flexibility and scalability.Β
Various products related to staking, renting, and minting new NFTs with attractive rewards.
Current Feature of Marketplace is for only the first game Legend of Fantasy War include:
β¦ A fully decentralized marketplace.
β¦ Supporting NFTs asset management
β¦ Various NFTs products including Heros, Equipment, Consumables, Fastions, and also Lands
β¦ Gem Center for Currency exchange, liquidity provider
More about our marketplace can be found here:
Highlights: LFW first decentralized Marketplace is a complex of DeFi Center, Crypto Asset Management, NFT Exchanges for global users. Various products...
In the middle of January, we are about to launch our first game.
To prepare for the important event, we are going to do the NFT Mystery Box on Binance NFT on Jan 4th, 2022.
Please save the link when it is needed: https://www.binance.com/en/nft/mystery-box/detail?number=1&productId=173304848325765120
Kenneth
Looking forward to the launch!
Talking about Legend of Fantasy War NFTs, could you tell us how unique their value is?
Thomas Lang, LFW CEO
At LFW, when a user has a NFT hero, it means they have true ownership with it. Players no longer have to overpay for in-game items they don't have the right to own. In addition, they also have the opportunity to earn many other valuable rewards. Imagine, you play games, and your family supports you. It's my dream and I believe many people have the same situation π
To make it happen, we started the LFW project.
Here are some reasons that our NFT hero is unique when compared to the NFTs from other blockchain game projects.
Our NFT Heroes can be upgraded and evolved with the help of blockchain technology (NFT 2.0!!!).
Our NFT not only supports Legends Marketplace,1 but also many other marketplaces and in the future OpenSea. Very soon our NFT will support cross-chain.
Videos that are recorded by the community as they experience our games.
https://t.me/binancenfts/421741
https://t.me/binancenfts/421742
Kenneth
So as you said just owning a Legend of Fantasy War NFTs can access the game, then how do the Play - to - Earn mechanism happen with this NFT?
Thomas Lang, LFW CEO
We have an article about play to earn in the Blockchain world and why it is important. Please save the link and read more whenever you have time: https://news.legendfantasywar.com/the-facts-about-play-to-earn-the-crypto-markets-mainstream-in-2021-64dc8df08e6d
It is obvious that Play to Earn is a must with blockchain games and it is why it is special.
Based on Nansen, the transition will be more and more in the near future. You will see more blockchain game projects on the market and you will enjoy them a lot.
There will be lots of room for blockchain game projects to grow. You see, the market cap is huge for the gaming industry.
Based on Nansen, we have had a quick call with them for the last two months.Β
In short, the transition is happening and we are in the Third generation. We are preparing our best to be the leader in this industry.
Realizing the importance of play to earn, we have carefully prepared for it.
The LFW Play to Earn mechanism is one of our afford points while building Legend of Fantasy War. We would like to bring a sustainable earning ecosystem for those who loyalty support our project and are LFW holders.
By playing the game, experiencing the game you will have the opportunity to collect rare and valuable items. This is the first version, you only need to collect on-chain treasure chests and can sell them on our marketplace. But if you open the chest, if you are lucky, you will receive an extremely valuable prize such as an NFT worth thousands of USDT.
Kenneth
What about non-gamer users? For those who are not using NFTs to play Legend of Fantasy War?
Thomas Lang, LFW CEO
Opps, it is a nice question.
At first, they have the possibility to monetize their collections of our NFTs Heroes, and many other great NFT items. Op course, they are unique.
Second, the NFTs Heroes can use for lending and sharing rewards with the players. We are working with Guilds to support for that
Third, they can stake/farm NFT or even use NFT to boost farming beformance on our DeFi center.
We have a nice LFW Token burning mechanism, it helps to maintain the value of the token.
Burning mechanism can be read more here: https://news.legendfantasywar.com/lfw-tokens-burning-mechanism-a45fe5eabb78?source=collection_home---------6-------------------------------
If they do not like to play Legend of Fantasy War, then they can play other games from us in the near future.
Here is video recorded from our community
https://t.me/binancenfts/421762
Or, if you are a big fan of Street Fighter or e-Sport games, we have something for you as well.
https://t.me/binancenfts/421766
Kenneth
Could you offer a promotion campaign that is happening for those who own or will own your NFTs?
Thomas Lang, LFW CEO
Actually if people follow us then we regularly organize programs with certain rewards. We very often organize GA campaigns and also want to give more and more rewards to the community in the near future.Β
Currently, we do have 10 NFTs to give away to Binance NFT community. The tasks are very simple, just join the local community and be active in the group to receive the rewards.Β
Kenneth
Will there be any updates that we can expect to happen soon with LFW?
Thomas Lang, LFW CEO
What to expect? Soon we will release the other verse of our Legendary Fantasy World: the LFW-1314 and LFW-777 projects. The second verse is where you can enter the duel worlds and the third verse will be where you get back to nature by collecting land, building houses and farming. Our NFTs will be expanding to NFT Heroes, NFT items, Lands and so on, you can get them at Binance NFT, GameFi, and other Marketplaces. In the future, you can exchange and trade at LFW Marketplace.Β
We always create added value for the LFW holding community. The Blockable was created for that purpose.Β
We build DeFi solutions, of course we are happy to share with other projects. What they pay is LFW tokens, and we will burn these LFWs to reduce the circulating supply. Yes, we continuously buy back and burn for both LFW tokens and NFTs. We will do it continuously, for example when the price of each LFW falls, this shows that the circulating supply is too much compared to the market demand. We will buy back and burn. Or the fees on the NFT marketplace, will be used to share profits with token holders, the rest will be used to buy back and burn.
Kenneth
Ok, we will now take some questions from users of the Gleam campaign.
From nguyetdam97: Currently, NFT & Metaverse are two hot topics. At present, what are killer features of your NFT, Metaverse? How will it distinguish oneself among other similar projects? Thanks.
Thomas Lang, LFW CEO
Please read more here.
And we do not have only one game, please follow us for more information.
For the Second and the Third game can be found here.
Kenneth
From limites: Since most of the play to earn game dont have really much longevity. How do you guys maintain this token in the future? Even if there is a dump, how are you guys going to make sure that it won't affect the game?
Thomas Lang, LFW CEO
We are continuously developing our products, games, and marketplace with a nice Play to Earn Features. It helps our token has more valuable for a long time.Β
Next, we are working cross-chain, which will benefit LFW token holders.Β
To maintain the token price, we regularly buy back and burn.
Kenneth
From jonasmoon10: We are reaching the bear market, I would like to know how the LFW game will behave, if it has any kind of sustainability, as you know that difficult times are coming, and thinking about this, how will it bring more investors to join the game? thinking about safety and sustainability, thank you
Thomas Lang, LFW CEO
I don't see it as a bear market, the market has some correction and will be bullish again in near future.
For LFW, we are focusing on our products, and introducing our project to the community.
To bring more people to the game, we are going to:
1. List on more and more exchanges to gain more token holders
2. Keep developing our own games to satisfy gamers, players and also Play2Earn is an important feature that we should focus on.
3. Other games also support us to gain more users and token holders.
Kenneth
From callmesuditt: Staking is the new trend. What staking options are available for $LFW token? Are there any incentives for staking? What are the various ways to earn $LFW token and are there any limits to the amount of $LFW I can earn?
Thomas Lang, LFW CEO
I agree with you on this point, this is the reason why we have a DeFi center where people can staking/farming and more products will be available in near future.Β
For more information please read here: https://news.legendfantasywar.com/what-is-lfw-defi-trading-center-c5c96d70ed6
Kenneth
From fahreziardana08: Will the LFW token be listed on Binance?
Thomas Lang, LFW CEO
I am sorry, I can not answer this question!
Kenneth
Thanks for your time Thomas.
Was great having you here
Thomas Lang, LFW CEO
Thank you community very much.Β
Thank you @Kenikky for hosting today's AMA.
About Legend of Fantasy War
Legend of Fantasy War is a unique 3D turn-based role-playing online blockchain game. By blockchainizing in-game items, the game provides players ownership of in-game items by owning so-called Non-Fungible Token (NFT). With an engaging storyline, players can both entertain themselves and collect valuable items, even increase the value of items while playing games solo or with others. Thanks to the blockchain of items, owners of NFTs can sell, exchange, and auction transparently on the Legend of Fantasy War NFT marketplace. One of the strengths of the game is the nature of the community. Thus, the game offers a fantastic mechanism that the player and their friends can enjoy the rewards together forever. In short, the game is easy to play and collect valuable items.
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