RYAN : Hi everyone and welcome to the AMA on Forum Crypto Moonlight Official Group We’re honored to host an Ask-Me-Anything session with @Rage_Fan
I will explain a little about the AMA segment this time,
Segment 1: project introduction
Segment 2: Question from Twitter
Segment 3: Live Question
Before moving on to segment 1, could you please tell us a little about your background?
Prais S : Hi everyone. excited to be part of AMA with FCM
I am in-charge for the Fantasy Sport Product in Rage.Fan. MBA graduate with 10+ years’ experience in corporates and start-ups. Experienced in Product, marketing, and brand management. Managed SaaS products and a few E-governance projects as well in the past.
SESION INTRODUCTION PROJECT
RYAN : Q1, can you tell our community a little about Rage.Fan ?
Prais S : In layman’s term, you can think of Rage.Fan as a complete sports ecosystem with focus on fantasy sports.
– It has got platform where you can play fantasy sports and quizzing
– Then it has got sports utility NFTs (uNFTs) – You can collect them and trade them over a marketplace. The uniqueness and rarity (due to limited supply) of these cards makes them very very special
– We are also building sports data oracle – first of its kind and for that we have partnered with Kylin Network also
– Lastly, we have got something called Augmented Reality (AR) Token Mining method as Scramble app which will be announced in our official channels
RYAN : Q2, Please explain to our community what type of Rage.Fan project is, What is the main focus of the Rage.Fan project in the cryptocurrency world?
Prais S : Rage.Fan is just not like any other fantasy sports sports platform rather it’s a fantasy sports ecosystem = sports and quizzing platform + sports data oracle + NFT & AR. Being in crypto allows users across the globe to participate in the fantasy games.
$RAGE, the native token is not just game play token but its game play + governance token
Our value proposition: Transparent, Self managed (i.e. fan driven), Low cost model. Simple!
RYAN : Q3, What kind of security do Rage.Fan use to protect player data?
Prais S : All transactions are coded in blockchain and smart contracts. We do not capture any personally identifiable information. Players participate with their wallet address and all transactions are settled via smart contracts and predefined rules. This ensures player data is protected.
RYAN : Q4, The cryptocurrency market is growing with more and more new projects, what are Rage.Fan’s plans to compete in the Crypto market for now and for the future?
Prais S : Rage.Fan is a comprehensive sports platform as mentioned in previous questions, compared to others who have a limited focus. We believe that a strong team and long term vision is essential. We have strong partnerships and product development pipeline which will provide us the edge.
RYAN : Q5, Many blockchain platforms are available, why would Rage.Fan choose ethereum for the $RAGE token when you can easily use other blockchain platforms?
Prais S : Actually, we are using Matic network not ethereum. The transaction charges are significantly high in ethereum. Having in matic helps us reduce the transaction costs allowing everyone to gain more from the fantasy game.
SESSION QUESTION FROM TWITTER
RYAN : Q1, @rohitk2k18 I noticed you guys are focusing on NFT features so I would like to ask Where you see future evolution of NFT features and capabilities in the next few years?
Prais S : Rage.Fan apart from fantasy sports and quizzing, has launched NFT (uNFts or action cards as we call it) – so now you can earn digital assets also, own it, trade it etc.
The NFTs will have special utility as collectibles and game bonuses. We would be announcing rules on NFTs in our official channels. Join and Keep following.
In future we would be announcing more action cards for specific action, game seasons and bonuses.
RYAN : Q2, From @CabreraEdelis RageFan merges AR and NFT for an innovative gaming experience, but AR, like VR, needs high hardware requirements for optimal performance. So is any specific hardware needed to guarantee an optimal gaming experience
Prais S : AR is a feature of the mobile application scramble for capturing tokens as a gamification. The application will perform best in AR supported mobiles but will still allow non AR mobiles to capture tokens. There would be some interface changes but still compatible with most mobiles. No other hardware needed apart from your smartphone.
RYAN : Q3, From @BENSTOCk23 At this moment, which one the most Necessary for your project:
Prais S : All the three points have been achieved. You can follow our official channels to keep updated on our progress. Our next priority is to launch the application for the community. We would be soon announcing further details in our official channel as we get a go ahead from our tech team.
RYAN : Q4, From @isansynNo one can achieve anything valuable on its own, please tell us about your current and future partnerships that will lead you to success in this highly cramped crypto space?
Prais S : We have partnered with various entities such as polygon, Biconomy, Kylin, Poolz, Zeroswap etc. More details can be found in Official website: https://www.rage.fan/ . Follow our official channel https://t.me/rage_fan for partnership announcements.
RYAN : Q5, From @Jonising_xCan you explain why there is a Payout Risk in every pool in earning return to Pools in your project? What is Payout Risk all about? I know every investment is a risk but in your platform how you can help investors in managing risk?
Prais S : Rage.Fan is not a investment platform but a Fantasy Sports platform. The game rules, fees and payouts with leaderboard are clearly defined before the contest for users to view and participate. The user uses his/her skill to participate in the fantasy games and win based on the same.
SESSION FREE ASKING
Chu Linh : Can you provide an overview of your tokenomics? Will the design of the token increase and decrease with the success of the platform, does it include any scarce pathways, such as equity, storage, or burning?
Prais S : Check our Tokenomics and further details here https://medium.com/@ragefan/rage-fan-tokenomics-4392d1a3b721
ANT MAN : Revenue is an important subject for all platforms to survive and run the project/company. What is the way to generate revenue this platform? What is the income model?
Prais S : The platform would charge a fees for every fantasy sport as other fantasy platforms. We would also be issuing limited action based NFTs. This will be our primary source of revenue. We would be bringing a very cost effective model to ensure participant benefit more in Rage with other benefits like NFTs, AR.
KYC : How can users stay updated with this project? Are there channels, including local communities where users can get the latest updates?
Prais S :
— Telegram [Official Group]: https://t.me/rage_fan
— Telegram [Ann. Channel]: https://t.me/rage_fan_announcement
— Official website: https://www.rage.fan/
— Medium: https://medium.com/@ragefan
king jons : Nowadays “Staking” is a very popular topic. Can you provide details about the token staking plan and the benefits of adding “staking”?
Prais S : Pls check our latest announcement on staking – https://medium.com/ferrumnetwork/announcing-the-next-staking-project-rage-fan-9a56060f26af?source=friends_link&sk=a849198dc230a1196006781705cc7c14. Also follow our official channels for further announcement.
Bà Tân Vlog :
-How do I play sports games on RageFan?
-What rewards will the RageFan Platform give new users?
Prais S : As a fantasy sports participant you are allowed to create a team based on the real life matches happening using your skill and knowledge of the sport. Based on the real life performance of the player in the match your fantasy team gets points. The winners and rewards are announced as per the leaderboard and rules announced prior to the match.
Prais S : Thanks again and everyone can follow our channels for updates and announcements..
Telegram [Official Group]: https://t.me/rage_fan
Telegram [Ann. Channel]: https://t.me/rage_fan_announcement
Official website: https://www.rage.fan/