AMA RECAP : Crypto Infinity & KAWI
🏆 Crypto Infinity Together with KAWI to hosting the AMA 🏆
🗓 AMA Date: 17th May 2021
⏰ Time AMA: 1 PM UTC | 8 PM (GMT +7)
🏚Venue For AMA: @CryptoInfinity_Community_VN
INTRODUCTION
Emily:
Before starting phase 1, can you tell me a little bit about yourself?
Randalf | Will never PM you first:
Hello everyone, my name is Rudolf and I’m the sniper of the team. While being a front-end developer during the day, I am a hardcore Warzone player at night.
Taking care of the marketing and development
Nillo:
Im Danillo, im part of the kawi team, i have been fanaticly develoing for 10+ years for various big and smaller companies e.g. Nike, Ebay etc, I started with blockchain related technology back in 2012. Still loving it!
Jur | Will never PM you first:
Sure. I’m Jermaine, I’m responsible for development and the tech side of things at Kawi. I have a background in Software engineering Software Architecture
Emily:
Q1: could you explain a little about KAWI? and what Is make it different From another Project?
Nillo:
Kawi is a social game with a virtual economy that reflects and simulates the real world. The game has an internal economy system supported by a virtual currency called ‘KAWI.’ Residents or ‘Kawians’ we like to call them, will have the exciting opportunity to earn $KAWI by participating in everyday life activities like buying and owning property.
So where do we differ from the other, most crypto projects currently out there, allow you to buy and sell their token or maybe own an NFT and for most of them that’s all there is to it. We feel that an actual use case is missing most of the time.
With Kawi we create a fun and exciting browser game, where we have an actual use of our $KAWI token.
We’re also going to add the element of assignments to the game, so the player has a feeling of actually playing a browser game.
Emily:
Q2: Can you please provide some information about your Roadmap and how KAWI is progressing and launching so far?
Randalf | Will never PM you first:
Our roadmap on our website is focused primarily on our token sale and releasing our game.
Q2 — Token sale and listing on PancakeSwap
Q3 — NFT sale rounds and Marketplace
Q4 — Kawi World Launch
So basically, delivering on those items, and most of all the launch of the game will be top priority. However, we’ll also give more focus and attention to our NFT’s and come up with some exciting things in that area even before the launch!
Emily:
when will it be listed on PancakeSwap
Jur | Will never PM you first:
Immediatelly following our token sale, which is coming up very soon 🙂 Stay tuned to our socials for more on that
Emily:
Q3: NFT is really trending topic now in the market. So, how do Your project plan to onboard the development of NFTs and how do Your project plan to combine it with DeFi?
Jur | Will never PM you first:
NFT’s are indeed the current and next trend for new projects. But it should not be just a hype, we from Kawi think there is an actual use case for NFT’s.
All the assets within Kawi are going to implemented as NFT’s and will be tradeable within, but also outside the Kawi ecosystem
Everybody is jumping on the NFT hype train at the moment, but Kawi is actually an idea that originated in 2017. We originally started with the name “Bitconomy.” Back in 2017 actual use cases for Smart-contracts were just becoming a thing (actual solid use cases).
The technology wasn’t evolved enough at that point and there was also the issue of network congestion. For example when CryptoKitties slowed down the whole ethereum network. So we put the idea on hold for a while, until we decided that now would be the right time to launch it. We rebranded Bitconomy to Kawi.
Emily:
Q4: Nowadays DeFi is changing our relationship with money, investing, credit, and debt. What are the factors that KAWI could make a difference since there are a lot of projects involved in DeFi? Can you share with us about your KAWI mechanism?
Nillo:
Defi has a focus on disrupting financial intermediaries, Kawi does no such thing, Kawi is a browser game where $Kawi is its currency. There is a staking mechanism within Kawi in order to gain more $Kawi by playing the game. But disrupting financial intermediaries is not Kawi’s focus.
Emily:
Q5: Everyday new projects are doing IDO and some of them are unfortunately RUG PULL. How do KAWI team choose the projects for IDO?
Randalf | Will never PM you first:
Rug pull is a serious problem nowadays. People who are new in the crypto market seeing big gains in charts and chasing the hype of a non fundamentally project with an anonymous team. Having that said, this is also something that is not related to Kawi, Kawi is not a launchpad, and has no initial dex offerings.
Emily:
Q6: Can you tell us, has KAWI been audited? as we know, smart contacts are vulnerable to hacks, and to carry out an audit costs a lot of money. So can you tell us a little about that, because investors need to know?
Jur | Will never PM you first:
Security in general is an important topic for us at Kawi, which goes beyond the contracts.
Our smart contracts aren’t audited yet, but they will be tested thoroughly by our team and then given up for an official audit (most likely Certik Audit). We have a lot of technical knowledge within the team to make sure we deliver a secure ecosystem where all funds are protected.
We will make sure to inform the community about every audit that will take place
Emily:
Q7: What is your long-term vision about the industry which KAWI project is working at ? Cryptocurrency industry is always thriving, what plans do you have to keep up with technology trends?
Nillo:
We are developing A great product, on the Binance smart chain, smart contracts as is, is evolving technology, during our development process, we will update our toolkits/sdk’s accordingly, (if / when needed). To make sure Kawi is always up to date.
Emily:
Q8: Have you planned to Achieve in 2021? How long do you think it will take to achieve it?
Randalf | Will never PM you first:
Our high-level planning is outlined on the roadmap, which can be found on our website: https://kawi.world
Looking at where we currently stand the top 3 for the upcoming weeks / months is the following:
Hosting a successful token sale so all the user who are patiently waiting will finally get their hands on the $KAWI token
Listing on DEX / CEX
Release the first NTfs to the public
And ofcourse release the game as soon as possible!
Emily:
Q9: How do you get all investors to know about KAWI? Do you have a Bonus or a bonus when Someone holds or invests in KAWI?
Jur | Will never PM you first:
We have an amazing marketing team who focuses on creating PR campaigns with big crypto related communities on Reddit & Twitter.
In our telegram group we held several community contests.
The winners of those contests won whitelist tickets for our upcoming IDO on a promising Launchpad.
Emily:
Q10: Finally, Can You Tell The Community How Many Partners The KAWI Project Has? What benefits do they bring to you?
Jur | Will never PM you first:
We are currently in the process of investigating partnerships on multiple fronts, marketing, token launch etc. We just finalized an exciting strategic partnership to launch and market our token. More details on this will be announced next week, so stay tuned!
Besides that we are always open for partnerships that add real value to our project and team, but most importantly for our users and community.
LIVE AMA QUESTIONS
Ashlee Sherman
Do $KAWI holders have right to participate in the governance of the project? On what kind of decisions can they vote on about the project?
Yes, our token is also going to be used as a governance token. We’ll listen to the community so most decisions on future features will be made by community vote.
@MDOIUe
Where does the project name come from? What does it mean for you and why did you choose that name for your project?
Kawi originally started out with the name ‘Bitconomy’, back in 2017. When we started the project again this year we decided to rebrand to Kawi. Simply because we thought it really fitted with our idea of a new World!
Can you explain how is your Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team??
The $KAWI token will have a total supply of 147,000,000 tokens. The tokens distribution is divided in 8 categories.
Development — 15%
Marketing — 10%
Liquidity — 7%
Staking rewards — 25%
Token Sale — 24%
Strategic Partnerships — 5%
Team — 10%
Reserve — 4%
To read more in depth about vesting periods and details per categorie I suggest looking in our whitepaper. In the next few days we will publish a medium post about our tokenomics and the Token Sale details
As you can read above 10% of the tokens will be reserved for the team. 90% of these funds are locked and will be released over a period of 12 months.
CONCLUSION.
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by:-SB (SB)
