we hosted an amazing AMA with KingSpeed on the 24th of December And here we will put some of the best questions: Q1) Can you please introduce yourself as well as KingSpeed ? My name is Tuyen Khuc, I am CEO of KingSpeed. I had almost 7 years working in product/software development, 4 years working at Kyber Network , and I found myself deeply passionate about blockchain, NFTs, and car racing. Our KingSpeed team also has a lot of faces with many years of experience in the field of blockchain, game & design. We all want to bring the best quality product to the community. KingSpeed - Virtual NFT Car Racing Universe! KingSpeed is a complete NFT car racing ecosystem where you can FREE to participate in car races, build your own NFT land track , and make a profit while playing it. Q2) What are the advantages of Your project ? These are three things about KingSpeed that make us proud and confident. What makes KingSpeed take steady steps in the upcoming long journey 1. KingSpeed is a completely free game. The current NFT Games, notably those in the racing genre that compete directly with KingSpeed, are not all free to play. 2. There are numerous ways to generate money at KingSpeed, both for gamers and those who don't have time to play games. Players can earn rewards by completing daily missions, racing multiplayer, and racing one-on-one. Those who do not have time to play the game can rent a car or stake money on our systems to make money. 3. Gameplay 3D and Brand Story: It can be said that this is the point that KingSpeed team is most interested in. This is a game product, along with the ability to make money from playing games, but we don't want to focus too much on the monetization factor that ignores other experiences in the game. Therefore, KingSpeed is constantly trying to develop the graphics & technology in the game, on the other hand, the game will still have many unique storylines and concepts, bringing meaningful messages to increase the attractiveness." Q3) please tell us about the goal you want to achieve in this year. Concerning the product, we have reached an agreement on the game design, art concept, and have a demo game. We have also worked with many major funds and partners in the global market to create communities on social networking sites in order to provide users with the most up-to-date information. KingSpeed completed a $1.2 million private sale, KSC was successfully IDO and now has listed on PanCakeSwap You can find $KSC on PancakeSwap ($KSC/$BUSD): https://pancakeswap.finance/swap?outputCurrency=0x3ac0f8cecc1fb0ee6c2017a072d52e85b00c6694 $KSC token Smart Contract: 0x3ac0f8cecc1fb0ee6c2017a072d52e85b00c6694 Currently, KingSpeed is having events to warm up the upcoming INO event 1. Christmas Airdrop : https://t.me/Kingspeed_AirdropBot 2. The Golden Ticket: Race at play.kingspeed.io to get instant ""golden tickets"" to buy NFT at a very favorable price Details at: https://t.me/kingspeed_announcement/211 3. STAKING: https://t.me/kingspeed_announcement/189 In addition, KingSpeed will complete the Web alpha verson in December and metaverse development in early Q1/2022 Our big goal this year is to build gameplay system, rental system, prediction system, launch mobile version and DAO platform. Q4) Could you share with us what problems would KingSpeed solve ? " Yes, of course. Kingspeed is a racing game that allows users to: - Own collectibles: own cars, car parts, race tracks as NFTs. - Play to earn model : this model will help users able to earn money while playing the game - Stake and vote to govern Kingspeed: Users can stake their KSC tokens to earn rewards and have the power to vote in game development decisions. - We combine both Free-to-play and Play-to-earn models to our gaming system. Each user will be able to claim 1 free common car to start playing the game." Q5) NFT is considered the next trend in the crypto industry after DeFi. Could you share #KS opinion about NFT? Where do you see the future evolution of NFT features and capabilities in the next few years ?
Agree with you. As you can see, Binance NFT was implemented in June. Many NFT gaming projects are developing. So, NFT is confirmed to be the next trend in the crypto industry. In the first wave of the NFT trend, mostly most startups participate in NFT gaming. I think in new few years, big corporates will join NFT gaming as well as Metaverse. This will introduce NFT to more people in many different fields such as entertainment, art, offices. And here we will put best questions from our members and KingSpeed fans: Q1) "KingSpeed Gaming is a P2E gaming platform that rewards gamers for participation: ""the more you play, the more you earn."" So, as a non-gamer, is this Platform exclusively for gamers? Or are there other ways I can earn money here even if I'm not playing your games?" In Kingspeed, we have renting system that allows users put unused items for rent with 2 modes: - Mode 1: Fixed price: +Owners of NFTs can put their unused assets for rent to generate passive interest +Players who want to experience new, rare or strong NFTs but can not buy it may rent the NFTs for a period of time - Mode 2: Share profit +Owners of NFTs can set the share profit rate between owners and renters. For example:Owner 50-50 Renters Owner 70-30 Renters Therefore, even if you don't have time to play, you can still make profit via this function passively. - Staking is a easiest way to earn money without playing the game. Q2) 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 #Kingspeed will make sure that their game isn't pay to win & fair? This is important so that the game will keep attracting new players? It's a quite interesting question. We are more focused on making a racing game that brings to users the smoothest and enjoyful experience. In the next phase, we will have matching system to match people in the similar level to race. So u dont have to race with higher level players in our matching system. So is it fair enough? Q3) KingSpeed is a racing game at its core. What is your strategy to attract millions of users who don't like racing games? And when will the full game release, next year or when will the iOS and Android versions be released? Is the current version only playable on PC? Regarding not liking racing games, I believe it is a personal preference. The internal development of the game, such as the plot, concept, graphics, and application of the Token, is the focus of KingSpeed's team. I believe this will be beneficial to those who are genuinely interested in KingSpeed. You can stay up to date on the latest information by joining https://t.me/kingspeedglobal. Yes we will be on iOS and Android, that's for sure. Currently you can play the demo here play.kingspeed.io Q4) "I read about the KingSpeed racing tournament, called ""The Golden Tickets"". Can you explain more about the tournament? How do Players participate in the Tournament? What attractive prizes do you offer in this tournament?" Thank you for your enthusiasm for KingSpeed's projects and events. Yes, a slew of events are taking place as a crucial prelude to the NFT sale, which will take place at the start of January next year. THE GOLDEN TICKET is a race that will assist you in obtaining a golden ticket to purchase NFT at a discount of up to 30%. Here are the event details: https://t.me/kingspeed_announcement/211 We also have an Airdrop that will end on December 26th, so sign up now at: https://t.me/Kingspeed_AirdropBot Q5) Mentioned on your roadmap that KingSpeed is planning to release it Beta game by next month. Is this Beta release be available and accesible for everyone or will it only be for selected few? For beta game, we only open for group of small people to experience and give us feedback. We would like to make sure the quality first before release to everyone. You can try website demo vers here: play.kingspeed.io
Q6) Most projects are now abandoned in the middle of their operations due to a lack of sustainability and incapacity to support expansion in a market that is wildly shifting. How will you be able to deal with market fluctuations in an efficient manner? Our crew is constantly researching new things in this area to ensure that we are up to date and that we can stay current and anticipate new trends. Long term, we consistently improve our products and work with respectable market partners to create the metaverse and include cutting-edge technologies into our initiatives. We understand that the key value that defines the success of any project is the product. Q7) Can you please explain to us the utility of the token and all ways that it can be used to add value to holders? Our token, named Kingspeed Crystal (symbol: KSC), is used in a number of ways: +To purchase certain types of Collectibles +To use as fuel to open loot boxes +To stake and participate in governance votes, give users the incentives to hold the token +To use to rent NFT cars +To use to participate in a prediction game +To use as a reward for completing certain actions or achievements in game or winning a race +To use as a fee to compete in the 1-1 racing game We plan to use one part of revenue to buy back tokens. I believe that will benefit long term investors Q8) How may I get your token to buy in what exchanges and can I do staking benefits as a passive incomes or not? - You can find and buy $KSC on PancakeSwap ($KSC/$BUSD): https://pancakeswap.finance/swap?outputCurrency=0x3ac0f8cecc1fb0ee6c2017a072d52e85b00c6694 - Staking with apy upto 90%. You can join Staking right now. More details here https://t.me/kingspeed_announcement/218 Q9) Except for selling directly in the secondary market, do you provide other ways to protect NFTs’ value? Each NFT in Kingspeed has value itself. Beside of selling directly in the marketplace, u can put your NFT for rent or swap your NFT with other users. And this was the end of our AMA with KingSpeed. If you have any other questions you can ask here: https://t.me/kingspeedglobal Useful links Website :- https://kingspeed.io/ Medium :- https://medium.com/@kingspeed.io Twitter :- https://twitter.com/kingspeed_io Discord :- https://discord.com/channels/903252364977393705/906002256804069396 Facebook :- https://www.facebook.com/kingspeed.io Tiktok :- https://www.tiktok.com/@kingspeed_f2p?