GAINS AMA with Monsterra — August 14

GAINS Associates

10 min readSep 22, 2022

On Sunday, August 14, we had the pleasure to welcome to our Telegram chat:

Iris
Le Do

We asked them questions about the development of Monsterra.

Some sentences have been slightly edited for readability but the meaning has been conserved.

Introduction

Q — Ayeley from GAINS: Tell us about yourselves, your crypto journey so far, and what you do with Monsterra.

A — Iris from Monsterra: I’m Iris — CMO of Monsterra game project. As having a 5-year solid track record in the strategic Marketing Plan as well as 2 years of hands-on experience in the blockchain game industry, I would like to make a significant contribution to building an innovative Monsterra game with an active gamer community and hope that today we can let you guys get closer to our Monsterra beyond our official event — our IDO on GameFi, RedKite, and Poolz.

A — Le Do from Monsterra: I am Le Do — Partnership Manager and also a BIG FAN of Monsterra NFT game. With 7+ years of hands-on experience in Marketing, Partnership Management, and Professional Communication, I hope that I can make a huge contribution to our game’s future success 🎊

About Monsterra

Q — Ayeley from GAINS: Tell us more about the Monsterra NFT game. The story behind Monsterra: the ideas, development & its journey till IDO, etc

A — Iris from Monsterra: Before starting the project, we had a process of 3 months of market research & GameFi projects at a time, combined with the experience of the product team. That’s why we generate & develop Monsterra and its ecosystem.

Monsterra is a multi-chain game run on BNB, Avalanche, and Terra networks inspired by the Axie Infinity game’s pet world and the gameplay in Clash of Clan or Boom Beach of Supercell.

The game sets foot in a fictional world and revolves around farming, property building, and battling with other lands with the magical creatures named Mongen. The revolutionized design of Monsterra is a combination of free-to-play, play-for-fun, and play-to-earn models which allows millions of gaming enthusiasts to enjoy fun and have a high-profit stream with no prior investment.

There are 5 races of Mongen in the game: Tectos, Mystic, Beast, Celest, and Chaos. 2 of them, Celest & Chaos will be revealed in the upcoming Battle phase. The game has 4 battle modes which are Adventure mode, Boss Challenge mode, Battlefront mode, and Arena mode.

Monsterra’s ecosystem is also extremely attractive with many elements in the rich ecosystem including:
1/ Gameplay (testnet)
2/ DAO
3/ Marketplace (launched)
4/ Portal Game (launched)
5/ Bridges (for multi-chain)
6/ Guild Portal- a powerful management tool with no fee
7/ MonsTV
8/ MonsEvent

Q — Twitter user @Romina_Chana_79: My concern with NFT Gaming is the fact that most of the games are pay-to-win because the more expensive NFT you buy, the easier you can win. How will Monsterra make sure that the game isn’t pay-to-win & fair?

A — Le Do from Monsterra: Again, pls take note that Monsterra inspired by Axie Infinity & Clash of Clan is a multi-chain NFT game that offers free-to-play-for-fun-and-earn enabling gamers to generate profit without committing to an initial outlay. 🎈🌈

It means that In Monsterra, players can choose to use free assets or buy items on the Marketplace depending on their personal financial situation. When playing with free items, players can still experience all the features of the game. Yet, it will be even more fascinating for gamers with financial investment in NFTs assets. It is for this reason, we can with confidence that Monsterra offers an equal opportunity to make a profit to all users. ☀️ Gamers using free assets or having a small amount of capital will need to spend more time and effort to farm, build an empire with wealthy properties, and Mongens while gamers spending a bigger financial investment in NFTs items can shorten the time to build a defense empire and generate profits faster when there are battles and events. 🥳 🔥 However, whether is a small or big investment, gamers must set up their own wise strategy to maximize the profit generated. Monsterra offers plenty of interesting daily quests for free and low-capital players to be able to engage in. Everyone can entertain and earn as much as they can.

Token

Q — Ayeley from GAINS: Let’s talk about your token now. Monsterra designed an innovative token model. Can you help show us more details?

A — Iris from Monsterra: We have great expectations for the sustainable development of Monsterra in the long term and have carefully prepared a specific plan. Of course, we understand that IDO is an important milestone and have had various activities with IDO launchpads, listing partners, and mainnet launching events. At the same time, with the number of players available at the testnet of more than 65K, we will launch a variety of exciting activities with huge rewards that will make users want to jump in immediately.

🌈 To minimize inflation, we also built the governance of the in-game economy through a dual token model, MSTR as the main token with a limited supply of 100 million tokens and MAG as the in-game reward token with an unlimited supply. We do have a Smart Token Burning Mechanism to maintain the token supply and burning amount with a design of various tokens utilities and NFTs fusion sets (for both Mongens and lands). They will play a key role as anti-inflation mechanisms that help guarantee sustainable growth in the long run. The vast and rich ecosystem in Monsterra will develop a lot of token utilities to discover, spend and earn. Hopefully, the upcoming preparations and activities will receive a lot of love and participation from Monsterriors!

Q — Telegram user xperia: Can you please tell what are the best ways to Invest and Earn from $MSTR? Is it Still Early?

A — Iris from Monsterra: $MSTR is the primary token with a total supply of 100M tokens in Monsterra. The token will be used across all the products and services of the ecosystem.

✅ How can users spend MSTR tokens?

- MSTR for staking: Stake MSTR to receive rewards from the game.
- MSTR for asset purchasing: To buy premium assets on the marketplace, users need to spend their MSTR.
- MSTR for upgrade: To reform in-game items in some high-level milestones, users need to do an upgrade which will cost MSTS.
- MSTR for event participation: To join any in-game events, users need to use their MSTR to buy entry tickets.

✅ How can users earn MSTR tokens?

MSTR can be obtained in the form of staking rewards, in-game event prizes, or shared revenue from Monsterra Treasury.

Partnerships

Q — Twitter user @MehideSejan: Partnership is always an important factor for every project. So who is your partner? What are the benefits you get from those relationships?

A — Iris from Monsterra: Yes, for sure. Partnerships are a part of our growth-hacking strategies

🌈 Growing partnerships with potential partners is the strategic work that is promoted in our project. In the lead-up to IDO, we had over 30 funds large and small in major markets for GameFi around the world. Moreover, the support team of nearly 100 KOLs has been very promising. The team always offers a cooperation plan based on the win-win principle so that the partners can stick with the project long-term. In the near future, we will apply the same principle but according to the improved benefits system, which allows for the acquisition of many partners with the most optimal cost in the following categories:

✅ Content creation KOLs in all social platforms
✅ Marketing Agency and Shilling Team
✅ Exchange Platforms including DEXs, CEXs
✅ Top local and global Daaps Listing
✅ Traditional & blockchain Guilds and Gaming communities at any scale
✅ Integration partners such as wallets, DeFi protocol, etc
✅ Event partners: tournament, e-sport, etc The project has provided full information & a landing page for Partnership Program Submission. Details in this link

Business Development

Q — Ayeley from GAINS: The project has released a testnet for 2.5 months. What has the feedback been like for the Adventure Testnet & Angry Mongens Portal Game? Any changes to the Adventure mode and can we expect a Mainnet launch soon?

A — Le Do from Monsterra: Yep exactly !!! 😊

👉 We launched the farming testnet almost 2 months ago with 60K gamers playing, Adventure testnet version is a newer version related to one of Monsterra Gameplay’s 4 main game modes, Adventure Mode. With the last Adventure testnet Competition, we received more than 7K warriors participating in the tournament over a period of more than 10 days and once again your feedback encouraged us strongly, to Perfect the product and gameplay. In the Adventure testnet version, besides farming, feeding or breeding, hatching, and claiming daily faucets, you will receive training troops, evolve and change skills with skill stones. The best part is that you will build a strong army with a great strategy to conquer 50 different stages with increasing difficulty. 🥰

The winner of our last competition ended up at stage 41 and was eager to be able to complete 50 stages of the adventure. That’s very wonderful! With the Angry Mongens mini-game from Portal Game, we draw inspiration from the already popular Angry birds. Players will be able to play for free, have fun, and use their real NFTs to get into the top 3 with great rewards! 🎁🤩 Already completed now but will appear soon with another exciting minigame for sure 😉 🤜 In the mainnet, you will be able to fight, spend and earn through your own strategy. We will launch Adventure Mainnet soon after IDO, please continue to support Monsterra!

Q — Ayeley from GAINS: Besides the testnet launches, can you tell us about all the other remarkable milestones the Monsterra Team has achieved so far?

> Iris| Monsterra.io: ✨ Yayy, it’s our pride to have a nearly 6-month journey with big achievements

💥 Some of our REMARKABLE MILESTONES:

✅ Fundraising of $2M led by Hashed, Huobi Ventures, Shima Capital, Salad Ventures, and more than 50 partners globally;
✅ Mystery Box Sale on Binance NFT Marketplace on Feb 7 with 20,000 boxes sold out in 10s. Followed by another hit of a quick sellout for 900 boxes on GameFi, and Metaverse Starter within 1 hour.
✅ Special NFT Trading Promotion Campaign & Rank Top 3 of Trading Volume on Binance NFT.
✅ Top 1 Monsterra NFT gainers on Binance NFT
✅ Strong community: 200K Telegram members; 53K members on Discord and followed by 100K followers on Twitter and its presence everywhere with great feedback. And now, let’s expect our IDO success on August 16 this week, guys 🌺

Q — Telegram user Boylut: I observed that Monsterra is unable to achieve most of the goals stated in its Q2 2022 Roadmap and we are even in Q3. Could you tell us the reason for this or were you affected by the present market situation? Will other goals in the roadmap will be accomplished on time?

A — Le Do from Monsterra: Actually we planned on the IDO in May but the market was bad thus, there came a delay as everyone may know. Maybe, we did not meet in terms of the timeline but in a positive light, we have more time for preparation to achieve long-term development and growth!

The market is unpredictable, and we believe you are also seeing some positive signals. However, we believe in the long-term roadmap of the project & are committed to long-term companionship with a dedicated and professional team along with a quality product.

Iris and Le, thanks for coming into our community, and taking the time to answer our questions. All the best in your IDO and hopefully we have some GAINS community members in there snapping up some tokens, adn eventually playing the game. Do you have any final words for us? Where can we follow you to stay updated? — Ayeley Commodore-Mensah from GAINS Associates
Thanks @ACommodore and Gains community for your active AMA. Hope that you guys can have more info about us and let’s join our IDO to own our tokens with best price!!! Love you 🥰🥰 — Iris from Monsterra
I am so happy with this AMA today with you! Hope we will have more in the upcoming time with mainnet! SEE YOU ALL SOON ❤️
Website l Twitter l Discord l Facebook l Telegram Channel | Youtube l TikTok — Le Do from Monsterra

GAINS Associates is the World’s First Decentralized VC, allowing anyone that holds $GAINS to invest in the crypto unicorns of tomorrow. With over 3 years of experience and several ultra-high return deals, we are removing the barriers of entry to investing and changing the world, one deal at a time.

GAINS stands for Group Action Is Never Small, embodying the collaborative spirit that is the essence of blockchain and decentralization.

In addition, GAINS provides daily news, articles, video interviews as well as fun & educational events.