AMA Recap: Bullieverse x Infinite Launch

AMA Recap: Bullieverse x Infinite Launch
We would like to express our gratitude towards those who joined the AMA on 15th Feb 2022 in the Infinite Launch Telegram group. We appreciate all your support. This is a recap of the entire session, in case you missed it!

Our AMA with Bullieverse comprises of 3 main sections:

1.       5 basic questions from the host to give a brief introduction about the project.

2.       4 questions from community members on Twitter.

3.       Live AMA: 5 random questions from our community.

1st Segment: QUESTIONS FROM HOST

Q1. Could you please tell us a little bit about yourself and your team? What are your past experiences?

OxArun: I started my career as an Engineer about 20 years ago. Pivoted it around in 2011 after a couple of business degrees from LSE and Oxford University. Founded and managed two VC funds over the last decade, over 5000 ventures I reviewed and invested in 20 of them. I sit on the board of a few of them too. Over the last 6 years, I have also taken up blogging and podcasting. I am also a published author in Blockchain and Quantum computing, and my second book that was published last year was about crisis management strategies for venture founders. I was also chosen as one of the top 100 Asians in the UK Tech space. I lead growth at Bullieverse.

This is my twitter handle btw - https://twitter.com/0xArunk

Q2. Can you share with us the current development stage of Bullieverse?

OxArun: At Bullieverse we are building an open world Metaverse on unreal engine where our community can create and play games to earn rewards and NFTs. We are a virtual marketplace for gamers and creators and offer utility to NFT communities.

In the past eight months, we have grown our team to 27 members and community to 40k+ on Telegram and Twitter. We sold our first NFT collection and raised $2 Million back in August, and have recently closed a seed and private round too.

Our first game, Bear hunt, is Premiering on Monday the 7th of Feb. Mainnet live after the Token Launch in Feb/Mar 2022, which will be one of the first “play to earn” 3D unreal engine games.

In terms of how it all happened, there is a brief history…

Srini, the CEO, was first inspired by Blockchain technology in 2016. He was then at Refinitiv working on a smart contract project. Moving forward and jumped headfirst into the Web 3.0 rabbit hole and have been a developer, entrepreneur, and investor in this space since then.

His previous Blockchain startup was focused on Microfinance in Emerging markets. However, Covid put a huge dent in the market. It was during that time that Srini and Murali started actively participating in the NFT space. They were an early participant of the BAYC community and glimpse the potential of this technology. During the lockdown, apart from playing Fortnite for several hours, Srini was also helping his niece to build a Roblox game along with growth hacking her Youtube.

As the dots connected, he envisioned that a Community owned Metaverse offering a utility continuum for NFTs would be an amazing future. And that’s when Bulliverse shaped - even before Meta as a buzzword came into existence. That's how Bullieverse was born.

Q3. Could you share with us the current development stage of Bullieverse?

OxArun: Sure.. I can give you a set of key milestone we have achieved and a short glimpse of the near future too.

We were a four membered team when we started almost 9 months ago. Since then we have achieved the following,

⁃ Sold 10,000 Bull NFTs with 150 traits and raised $2Million in Aug 2021.

⁃ Got a stellar management team onboard, and the total team size is now just over 30, with 20 of them full time with us.

⁃ We closed a seed round in Dec 2021, and we have just closed our private round - together about $4M raised.

⁃ We completed Beta testing of our Bear Hunt game through Jan 2022, and got great feedback from our community.

⁃ We did the Premier Launch of our Bear Hunt game last week.

⁃ We have secured partnerships with several IDO platforms, and IDOs are in progress as you know.

⁃ We have a TGE planned for end of Feb and Public Launch of Bear Hunt soon after that.

We have quite a busy Q1 - Now that the funding rounds are largely done and the first product is nearly there, we are now largely focused on growth and community engagement. Q1 will be filled with IDOs, Promo events, PR with top tier publications and most importantly community competitions and giveaways.

Q4. Could you please provide a detailed overview of the token $BULL, what are its use cases and tokenomics? How can we buy your token?

OxArun: Sure - The Bull token is our governance token. If a community member wants to be part of the DAO, and wants to drive the direction of the firm in the long run, voting rights and oversight in general, Bull token is the way to go. This is the vehicle that will allow us to achieve our dreams of being a decentralised organisation in a few years as the community matures and starts contributing. A detailed view of the Bull token and the economics around it are in our whitepaper. https://docs.bullieverse.com/white-paper/bullieverse-ecosystem/tokenomics

Q5. What are the competitive advantages of Bullieverse compared to its competitors? How do you plan to differentiate Bullieverse?

OxArun: To start with, we are the FIRST 3D game using Unreal Engine that has gone live in this space. How many other projects have a game live before token launch?

However, there are broader and more strategic differences. We are not a one game pony - we are a gaming/metaverse marketplace which will support both gamers with an intention to play and earn, and enjoy the metaverse experience - but also, focus on creators who want to earn by creating games and ingame assets. We also emphasize on the gaming experience a lot more than other play to earn leaders do. We have published an article that describes all these in greater detail on our medium channel - https://bullieverse.medium.com/bullieverse-the-secret-ingredient-198d2dcdd1dc

2nd Segment: QUESTIONS FROM TWITTER

Q1. I could see that Bullievere is the gamers' home for hanging out with friends and connecting in an immersive experience, you mean your game is multiplayer? Do you have clans or teams within your game? What are the incentives for the best players?

OxArun: The first game is a single player objective game. We have 4 games in our roadmap which will be multiplayer games. We will be supporting other NFT communities on our platform. Imagine a board ape or a crypto punk playing a game with a bull or a lazy lion. That's the future.

If you want to earn from the game - you will need a Bull NFT. Our Bull NFTs are going to be the key to everything we do on our metaverse. If you just want to explore our metaverse or play our game you DON’T need a Bull NFT. However, the Bull NFTs are needed for the following,

⁃ Play Bear Hunt and win a Bear NFT for free

⁃ Play Bear Hunt and earn Bull Tokens

⁃ Get early access to new NFT mints

⁃ Get early access to Land auction and Game portal auction

⁃ Get free or preferential price for new NFT mints.

Therefore if you do not hold Bull NFTs, you are missing out on the monetary upside. Our NFTs are available on OpenSea - https://opensea.io/collection/citizens-of-bulliever-island.

Q2. Many of the existing games in today’s crypto space have high barriers to high entry fees, difficult for many Crypto Users to access. My question is, in" Bullieverse " is it also necessary to pay an entry fee to access the game? If so, how easy is it to access the game?

OxArun: Great question.. if you are looking to just explore our metaverse, play our games - there is no need to pay or buy our NFTs.

However, if you are looking to earn from our platform, you need to be a Bull NFT holder. Some people see the potential here - when we have 10 games on the platform in a year, and you can earn by renting out an NFT or a couple of NFTs for each of them - that's passive income.

This week we had a record sale of our NFT at 7ETH. Some of our community members do recognise the growth potential of our platform.

Q3. What are your plans for global expansion, is Bullieverse focused only on the market or building apps at the moment? Or focus on building and developing or acquiring customers and users, or partnerships? Can you explain this?

OxArun: The short answer is, we need to focus on all of it, but we are prioritising them based on our roadmap…

We have a busy 2022. The focus this year is to deliver the following,

⁃ Deliver four games including a Battle Royale type game

⁃ Complete land and game portal auction

⁃ Build a loyal and thriving community of gamers

⁃ Develop the creation engine ‘Snowcrash’ and get it ready for a Q1 2023 launch

⁃ Onboard creators and community created games through 2023.

The complete roadmap is in our whitepaper, if you would like a good read.

Q4. Gaming sector is extremely competitive & many platforms had to work very hard to reach their current user numbers. How will #Bullieverse  team compete with the existing gaming platforms & what extra features will #Bullieverse offer to attract the gamers from the other platforms?

OxArun: We are different in many ways.. I think the article I shared earlier would give you a good picture, however, let me give you a point by point view here.

Axie infinity - they are pioneers, but their gaming experience is bad. We beat them at experience.

Sandbox - they don't have the same gaming experience both because they use Unity but also because they are restricted by the real estate.

Decentraland-  great for owning assets, but no gamifying possible.

Roblox - A web 2.0 player, and don't share much earnings with creators.

I can go on - we solve all these issues. Hope that helps.

Q5. Almost 80% of investors are solely concerned with the price of the token in the short term, rather than the project's true value and health. Could you elaborate on the motives and advantages for long-term investors to hold your token?

OxArun: We chose our investors carefully.. generally we didn't pick investors who had a history of demonstrating paper hands. That's critical.

But more strategically - we are focused on our product, strategy, growth plans and execution. We can't be too worried about Bull token value or Bull NFT floor price on a daily basis. If we deliver our roadmap, the token and the NFT price will look after itself. The community we have is amazing, only 11% of our Bull NFTs are listed, so I think we have all the ingredients for a long term journey here.


3rd Segment: QUESTIONS FROM GROUP

Q1. What is the most ambitious goal of your project? Could share with us any Upcoming Updates?

OxArun: I think there are two key big ambitions of the project. First is our Snowcrash engine - it will be the first time we launch a no-code solution for game creation in Web 3. The second is making sure that gamers and creators create a sustainable economy that scales through ups and downs in the market. We don't believe a single game pony can really create an economy as gamers easily get bored. That wouldn't happen with Bullieverse. Hope that helps.

Q2. What is the most ambitious goal of your project? Could share with us any Upcoming Updates?

OxArun: Smart contract security is extremely important and critical not just for us, but for our community and the Web 3.0 space as a whole. We have completed our Smart Contract Audit with one of the top audit firms and will be sharing more information on that closer to the token launch.

Q3. AUDIT plays an IMPORTANT role in enhancing the stability of any PROJECT. Do you have AUDIT CERTIFICATES? Or are you working to AUDIT your project to make it more secure and reliable?

OxArun: Great question.. I believe growth strategy is as important as product strategy. We have launched marketing initiatives across 13 channels including, twitter, discord, TG, traditional PR, Gleam etc., We have a strategic framework that will deliver marketing results alongside the product roadmap. Our socials are booming, and you can see it in our twitter following. Our discord has come to life in recent times too. Our IDO partners are doing an amazing job too.

Q4. Too many projects promise magic but never release any working product or prove any revenue, Within a short/long time of release. Is your project also like this? If not can u tell us, What makes your project different from other projects?

OxArun: True - there are so many such projects. We already have a product out - there are not many who can claim that before Token launch. You can play Bear Hunt game now if you have 20 Bull NFTs. We will launch it for everyone shortly after the Token launch. Hope that helps.

Q5. NFTs is hot trending now, do you have a play to have NFTs in your platform? If so, can you tell us the plans of your project in NFTs?

OxArun: The genesis Bull NFTs will be your launchpad to gaining value and economic upside through the Bullieverse platform. I have written a detailed article on what the benefits are for Bull NFT holders here - https://medium.com/@bullieverse/why-you-should-hodl-bull-nfts-d409ee316b1e. However, in summary, Bull NFTs will allow you to do the following,

⁃ Play and Earn (you can’t earn on the platform without the Bull NFT)

⁃ Create and Earn (after we launch the creation engine)

⁃ Have early access to new NFT collections - Our Bear NFTs can only be minted by Bull NFT holders

⁃ We have a pipeline of new NFT collections through 2022, and Bull NFTs will let you access them.

⁃ Passive income through renting your NFT - more on that below.

⁃ Early access to Land and Game portal auction