AMA Recap with TokenHunter
AMA Recap LasMeta: A play-to-earn VR poker gaming platform.
At 11: 00 am (UTC) on Dec 23th, Berat Dalgar, Co-Founder&COO of LasMeta was invited to be the guest of AMA in TokenHunter Official Telegram Group. During the AMA, Berat Dalgar introduced LasMeta and its unique advantages in detail. Berat Dalgar shared the token and NFT utilities of LasMeta. Not only that, but he also answered many questions from users.
LasMeta is a play-to-earn VR poker gaming platform built on the Ethereum blockchain and powered by Unreal Engine 5. The games are free to participate. LasMeta has both an ERC-20 main management and utility token and 2 NFT collections. First NFT collection consists of 7000 pcs of NFT named “Gambdeers Club” and the second one is 700 pcs of “Deer Club Exclusive PASS” with different utilities and privileges provided. LasMeta’s primary target audience is the De-Fi, GameFi, and NFT.
Berat Dalgar’s sharing knowledge points are full, and here we will sort out the essence of AMA for everyone to review.
Q1. Can you describe LasMeta and token and NFT utilities of it?
Berat Dalgar: Yeah, let me start with describing what LasMeta is, LasMeta is a play-to-earn VR poker gaming platform built on the Ethereum blockchain and powered by Unreal Engine 5. The games in LasMeta will be free to participate. LasMeta has both an ERC-20 main management and utility token and 2 NFT collections. First NFT collection consists of 7000 pieces and named “Gambdeers Club” and the second one is 700 pieces of “Deer Club Exclusive PASS” with different utilities and privileges provided. LasMeta’s primary target audiences are De-Fi, GameFi, and NFT. For the utilities, lets begin with our token. Our token is governance and utility token built on Ethereum chain but we have integrated BSC, Avax, Polygon, Gatechain, Moonbeam and Arbitrum and bridged them all thanks to our partnership with AnySwap. Our token holders can decide on many things because it is a governance token. Such as number of games. So, even though we are a poker platform, if our players decide to play Blackjack as well, they can vote for it and we will integrate the card games they demand. They can also decide on advertisements, partners, difficulty and challenge variables. So our players will be in direct touch with our platform’s future and we will grow together. Also, being LASM holder grants you passive income because of the mechanisms behind the token. Let me first explain the mechanisms behind. First of all, we have a burning mechanism. How that works is, so we have our token LASM, we have our in-game currency LasGem and also chips. LASM is converted to LasGem, LasGem is used to buy chips and with chips you play the game. After you play, you convert your LasGem to LASM and you can cash out. So, we have our hourly free chip drops to everyone, but players are required to claim them. If there are chips that are not claimed, their equivalent of LASM will be burnt. To clarify burning means that those tokens will be taken out of circulation and a drop in the total supply. Our another mechanism is passive income. So, by just being a LASM holder, players will benefit from passive income. How do we provide that is also another mechanism which is tax deduction. From conversions between LasGem and LASM, we charge 10% tax deduction and 4% goes to liquidity pool, 4% goes to auto-reflection (so to LASM holders) and as a team, we take the remaining 2% but use half of it for buy-backs, thus creating a deflationary model aiming the long run. So for NFT collections, it is a whole another world with lots of privileges. Let me start with Deer Club Exclusive PASS. It consists of 700 pieces and built on Ethereum chain and we also integrated Gatechain into it. We actually held our first INO with NFTb on 1st of November for the first 400 pieces and the remaining 300 pieces will be sold through Gate NFT. It grants its owners many privileges, let me start with discounted whitelist spot for our other NFT collection. Also, DCE PASS owners will be rewarded with 10% more token drops from our ICO and IDO rounds. And I have mentioned the in-game free chip drops, DCE PASS owners will be rewarded with their extra own pool. Burning mechanism will also apply to them. Last but not least, 4% more staking rewards on LASM. There are more in-game benefits provided and we can expand the range of utility as well. Lets move on with our second NFT Collection Gambdeers Club. It is also built on Ethereum and is once again utility NFT. It also works as a ticket NFT since we will have our tournaments that requires tickets to entry, but Gambdeers Club owners are not required to pay any fees on entrance. Also, GDC owners will benefit an income boost, meaning the hands they won will grant them more than the usual pot. They can also participate in the voting process with token holders, there will be specialized tournaments, specialized clubhouses with many events within. I do not want to slip out spoilers but let me say, we are planning tournaments with poker pros and GDC owners will have a chance to play with them in the same table. There will also be more of the benefits that will be explained in the future.
Q2. Can you introduce the team to us?
Berat Dalgar: Of course! Let me start introducing the core team with our CEO Mr. Mert Eren Eroz. He is a long-time entrepreneur in many fields. He has a great experience in both crypto and gaming. With his great visions and great discipline, he for sure will lead us to a greater future. Personally, I trust him with all my heart because of his investigative personality, he is constantly improving himself, learning new things and either teaching us or directing us to the resources that we can achieve to develop ourselves. I cannot express how glad I am to meet him which was totally spontaneous and it is the utmost pleasure for me to be helping him build the Las Vegas of metaverse. Our CFO, Mr. Antonio Ansari has also invested himself in both crypto and gaming for a very long time. He has great knowledge about traditional banking as well as his great knowledge on crypto and gaming and it can be seen in his resume that he is more than sufficient of what he is responsible of. With his guidance, there is nothing else than trust and ensured success for our platform. It is a great pleasure to be working in the same platform with him. Lastly me, I am a recent graduate. I have been in crypto for over 3 years and have a much far longer experience in gaming. This, I can admit, is my the first experience as an entrepreneur but of course thanks to my prior knowledge I am not built from zero in this work experience. And for sure I am doing my best to compansate what I am lacking and looking for constant development of myself. LasMeta is the first time we all are putting crypto and gaming together. But we are very careful on not doing the rookie mistakes and asking for help and guidance when necessary from more experienced and knowledgeable advisors of ours for their assistance.
Q3. Please walk us through the roadmap, in what stage you guys are in what are the future plans?
Berat Dalgar: For now we are planning our token sale. We are waiting for a better market condition since we do not want to force our way into the market because we know that it almost always results poorly. In the end, we are always looking for the best for us and our community. There are several launchpads that we have confirmed and we are in talks with some top tier exchanges for the best performance and we will be looking for listings 2 weeks after our launches end. For the game development, we are actually waiting for investments and fundraising stage since Virtual Reality game development is costly than other game development processes. We are working on preparing an MVP and gameplay trailer and they will be released as soon as possible in order for our community to have a better idea in mind about our platform. We are always doing our best to develop ourselves in a better way, therefore we have multiple partnerships and integrations and we will not give up on those as long as we can create more value to our platform and community.For the upcoming quarters, we are looking for the release of demo version for our iOS and Android version of our game. In quarter 2 of the next year, we are expecting our mobile version full launch and quarter 4 we are expecting our Virtual Reality and Blockchain integration to our game and full release. Of course these dates and expectations may vary depending on the market’s condition.
Q4. What is the unique value proposition of LasMeta, how does it differ from its competitors?
Berat Dalgar: First of all, I have to mention, our competitors are mostly gambling platforms and we are a gaming platform, since we do not force anyone to play our game via token or NFT sales. So our competitors are generally web2 games that uses old technologies and they have some forced mechanisms such as watch to earn. They are mainly on mobile and there may be computer integrations but the Virtual Reality integration is how we differ from all of them. The unique Virtual Reality integration, enhanced with Unreal Engine 5 is more realistic graphic-wise. Also, apart from the unique Virtual Reality integration we will be looking for Augmented Reality integrations which will make us pioneer in that field of technology.We are also a free-to-play game with play-to-earn mechanism present. Of course we have many mechanisms that aims to increase the value of our token. But in the end, what we aim is to create a sustainable and defletionary model for the best of our platform.
Q5. Why should we invest in LasMeta, why is it a good idea in the short term and the long term?
Berat Dalgar: To start with, we have our ICO round 2 live on our website do not forget to participate! Benefits of LasMeta in the short term is that it is a good idea to invest now since we have many utilities behind our NFT and Tokens and prices in the market are low now and we only aim for the best for our community. Since the project is planned to be additionally efficient in the long term, it is a good opportunity to be invested in the beginning and enjoy the view when we reach to the moon. In the long term, our ultimate goal is to bring every metaverse race in the same platform and be the Las Vegas of Metaverse. Until that point, we will integrate new technologies, we will have many events and of course increase our range of effect. Approximately after 5 years from now, we expect this platform to be the go-to place for everyone for their chill activites. So even though we have developed ourselves here and now, we will be much more in the future and it is limitless what we can do with our platform. As I said previously, we will be more than just a poker platform, our Virtual Reality based game will be compatible with iOS and Android and other platform expansions will be directly on the way after our game launch so our platform reach will be more than Virtual Reality. During all this process, we will be having our community not behind us but besides us so that we can walk with them together to a stronger future. Do not forget, we have been nothing but transparent to our community, informing our community about every step that we have been taking and always looking for the best opportunities. It is really important to not to make any mistakes regarding the future of our platform and be sure, we will keep bringing our greatest efforts to reach to everyone’s goal!
The questions from community question part.
Q1. Why did you choose the game of poker? There have been a lot of similar games in the last year, do you think poker still has room to grow?
Berat Dalgar: Well, to start with because poker is a great way to integrate cryptocurrencies. It already uses currency to play the game we just adapted crypto into it in a sustainable way. Also, poker has already has its own community, there are poker enthusiasts all around the world, of course you can find people that loves playing a certain card game but we thought starting off with poker would be better for us and those communities. And as I explained before, we are just starting with poker. Other games will be included as well as long as our community wants. And we could easily find new ways to integrate our NFT collections and token mechanisms to the game of poker. We may be able to do this with other card games as well but I do not think that it would be this much effective in the beginning stages of the platform with other games. And LasMeta is more about creating a universal hub to bring everyone together than improving the game of poker. Though there are other poker games available, we have tried to put so much value in our project that we really differentiate ourselves from them. So, since there is no Las Vegas of the Metaverse yet, LasMeta has quite the space for the growth and of course we will not stop at any point. Our platform’s growth will be towards every side and to every limit there is. And even though we consider if poker has a room to grow or not, I can give the example of chess which is present for hundreds of years and the game is still developing. There are mods that you can play chess, so the way you play the chess may change depending on the mod you choose and not only that, game is also developing with new theories in the openings and such. So we may also find new ways to add new features to poker as well.
But of course the main point is, LasMeta has the enough room to grow and let everything it consists of grow with it as well.
Q2. You mentioned wanting to build a community-driven game. So can you talk about your views on DAO?
Berat Dalgar: Yeah, we value our community so much because we understand that not only the games but also the market is community-driven. At this point, we are almost always considering the best of the community but of course there are times that what is best for the community may not necessarily mean it is the best for the platform as well. However, disregarding those exceptions, it is our main goal to create such a community that we become go-to place when someone mentions anything about card games or just chlling in the metaverse. Therefore, we have made our token a governance token so that our community can participate in our platform’s future as well. We want our community, you guys, to decide whether we should implement new games, with which companies would you guys would see us partnering, tell us how we can better adjust the difficulty variables in the game so that we can continue pushing the limits of becoming the greatest metaverse hub there is. But of course there will be times that we take the leads to our hands in order to take action but even then we will do whatever is the best equilibrium for both the platform and the community. So, yeah Decentralized Autonomy is what we partially try to do, but we do not want to completely abandon our platform’s future because of the reasons that I have mentioned, there are exceptions in which the best thing to do for platform’s future may not align with the best for the community even though it still benefits both parties. And since not everyone desires to see our platform at the highest level possible, I mean you cannot blame the people for not caring so much about the platform’s future and just having fun playing the game and continue to do that, we have to, from time to time continue on centralized decision making as well.
Q3. Can you introduce your tokennomics? I am very interested in participating in your investment.
Berat Dalgar: I will be glad to. Our main goal is to create a sustainable environment so we have worked very hard on our tokenomics. We had a few re-dos but of course for the sake of the community and the platform, we are trying to find the healthiest option for us. So, we have 800,000,000 $LASM as total supply, and the initial supply will be 4,800,000 $LASM which is equivalent to $170,000 of a market cap. Of course both the circulating supply and the market cap will increase over time. For your investments, 20,000,000 $LASM is reserved for the public round, so you can follow us on Twitter so that you do not miss out on our IDO announcements but we actually have our ICO round 2 live on our own website. 12,000,000$ LASM is reserved for our seed round, with a lower price. The 5% of the tokens you now purchase on ICO round will be released at Token Generation Event and the rest will be released linearly in 12 months. So our public, private and seed rounds create the 8% of the total supply and we have spared most of our tokens (42%) to play to earn and staking rewards. Do not forget to check our website for the tokenomics and ICO round!
Q4. Can you share your definition of GUILD? What is its role in the entire economic ecology?
Berat Dalgar: Well, even though poker is a personal game that you play on your own with others, we acknowledged the fact that people would like spend more time with their friends enjoying the game together or of course with the people that are poker enthusiasts just like them. Therefore we also added the feature of being able to play in the same table together with a voice chat, helping you guys to interact with each other easily but also included guilds. Guilds are just like clans that most of the games have and a great part of this ecosystem. They will have their own DAO and provide the ecosystem as they wish. If we consider the person and the community relation, guilds can be considered as a strong person and the system that we are trying to create can be considered as the community, so they are inseparable from each other. There of course will not be any fees to create your own guild, and you can recruit your friends and others to the guilds. When someone in your guild wins, guilds point will increase and with the growth that you all have together, guilds can buy their casinos with a discount and so much more. Of course everyone will have their own fair share from the special reward distributions. We are also planning specialized missions for guild members as well but more will be explained later.
Q5. How are the “poker chips” and $LASGEMs converted? BTW I can’t wait to experience it.
Berat Dalgar: Firstly, I really appreciate the excitement it is always nice to see people shares the same hype as we do. So basically there are 3 “currencies”: our token $LASM, our in-game currency $LASGEM and chips. You will be able to buy our token on CEXs and DEXs or directly via our platform using fiat currencies. Once you log in to our game with your wallet address, you can start buying $LASGEM which can only be acquired by our token $LASM. By the way the ratio will be 1 $LASGEM = 1 $LASM so no worries on that part. But in order to play the game you will be needing chips, and chips can be bought by $LASGEM. There will be a simple user interface that will allow you to convert your LASM to LASGEM and also your LASGEM to chips, it will be a simple process for the players. Once you play the game you will be earning chips which then can be converted to LASGEM and then our token so that you can cash out.
However, please bear in mind that we will not be asking any of our players to buy our token or NFT collections because we will be having our free hourly chip drops so that everyone can enjoy this amazing metaverse and continue having fun!
Q6. Do you guys feel satisfied by seeing your progresses and achievements till now, when you look back to the day when you have started this project?
Berat Dalgar: Yeah, as I said this is the first time I entrepreneur and also for our team it is the first time we are combining cryptocurrency & NFTs to gaming. Yeah we are quite the fans of poker and also the crypto that is why it is great fun for us to work in this field but in the beginning I didn’t have any knowledge about what we should do or how we should do it. So from scratch, we have worked on multiple things improved both ourselves and the platform quite much and it is safe to say that we have come so far. All the integrations we made, all the partnerships every single meeting… I mean I remember the first meeting that I have attended and now I am quite different than that person :)
Of course there is still a lot to go, we have a long way in the future and if we want to achieve our ultimate goal, we have to go much more than what we have come so far, so even though us and I are satisfied with our current progress, it is never enough :)
Q7. As a newbie who is just about to start playing a POKER game for the first time how do I get started on #LasMeta platform ? How easy would it be for me on the platform and is there a way I can get any assistance of any form experienced gamers already on platform?
Berat Dalgar: Alright, way to go! Yeah poker may sound complicated in the beginning because of the rules and gameplay but no worries you will pick it up in just a few game and then you will even start to develop your own strategies and become addicted to it.
Gaming explanations will be more explained in the future so do not have any worries on that. We will have our tutorials and maybe some Learn to Earn activities.
For now all you have to do is, just go to our Twitter account hit the follow button also join our Discord and Telegram channels to be notified about any recent developments. If you have any further questions, you are always welcomed to ask them in any channel you wish. And also if you really believe in our project and sincerely understand the achievements we are trying to reach to you are also welcome to participate in the ICO round that we have online right now.
End of AMA.
Let’s witness the future of LasMeta !
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What is LasMeta?
LasMeta is a play-to-earn VR poker gaming platform built on the Ethereum blockchain and powered by Unreal Engine 5. The games are free to participation. LasMeta has both an ERC-20 governance and utility token. There is also 7000 pieces of NFT collection named “Gambdeers Club” and a side product called “Deer Club Exclusive “DCE” PASS, which is limited to just 700 produced to add more value to the project and provide more benefits to users. LasMeta’s primary target audience is for the GameFi, Metaverse, NFT and De-Fi verticals.
$LASM Simple Usage
LasMeta Token is a governance and utility token created for use in both exchanges and in-game trading. Its main uses include in-game trading, prize payouts, NFT mints, launchpad allocation rights, priority access to test games, priority VIP access to the full game platform, airdrops and the right to participate in special competitions.
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