Project Angelic AMA
-Hello! I am very pleased to be here, thank you for inviting me.
-Please introduce yourself to the community, tell us about your experience and how you got into the crypto industry.
- With pleasure!
-Let me quickly introduce myself. I am one of the first game entrepreneurs in Turkey, started this journey in the early 2000s… I have developed dozens of games, from AAA games to premium and free games. I then joined Crytek as Director of Game Operations and left Crytek in 2016 to found Metaverse Game Studios.
So yes, we are actually quite old :)
However, shortly after we started, there was a military coup in Turkey, so we had to stop. I then joined the world of crypto trading, made some money and used it to start the company again in April 2020. Since then, we have been promoting the project on our own and with my super talented international team.
We had a zero budget (except for my pocket money, which quickly evaporated after over 50 people joined 😬 ), so we had to push the project with passion. For 2 years and with 50+ people all over the world we have been working on Angelic and finally we have made significant progress. So here we are :)
testament of your participation in the project
Note that we started the project not after the recent game with the blockchain or the hype around the metaverse. As you can see, we have been working on this dream for many years. I am proud to be one of the first teams in this vertical!
Please share what is Angelic?
Angelic is essentially a party-based narrative RPG and MMO. We also use turn-based mechanics during battles.
Angelic is also a dark sci-fi game. This means that everything you see in the game, all characters, narrative layers, factions, etc., they all have complex layers and shades. They are not black and white, they all have their own “gray” colors. This means that depending on your point of view, good guys and bad guys can be very different.
Our main goal has always been the further integration of our community into IP. That’s why we call it a “shared intellectual property” project. In essence, this means that we will build this universe together. Hence the importance of blockchain…
Unlike many other games, we are not only interested in NFTs. Yes, of course, they are important, but the most important thing is the solid, deep, complex gameplay and lore to support the massive metaverse for decades.
Then community integration using blockchain, DAO mechanisms and control token mechanics.
Thanks to the blockchain, we will allow our players to create heroes, items, ships, and also build their own starbases to take some place in this universe. To manage the fate of the game by constantly testing it and providing feedback to us through DAO mechanisms so that they can shape the actual development of the game.
As you can imagine, guilds will be very important. That’s why we have a lot of guilds on the cap table, and we’ll work closely with all of them.
very interesting when the game starts?
Well, we have a vertical slice ready at an early stage of development, it offers 3 hours of gameplay, but it does not have any multiplayer or blockchain features.
Our development roadmap is completely different. We will be launching “vertical slices”, i.e. game prototypes as we go along. At least 1 more vertical fragment will be posted so you can play and we can get your feedback.
In 10–12 months we will release the main build. Base build means a public build that can be played. After this point, we continue to add new content and features on top of the build. Now only we, of course, you will also contribute, as I explained :)
Finally, we will provide our players with tools so that people can easily design and create content, turn it into NFTs (or not, your choice).
So Angelic is first of all a huge universe and a complex game.
Secondly, it uses the blockchain to further integrate the community into the project. NFTs, tokens are all their place, as are GameFi features.
-Can you share how your $ANGL token will be used on the platform?
of course $ANGL is basically a control token. This is the main token we have. The main currency when buying and selling NFTs or renting them.
ANGL can also be used for GameFi features and as you can imagine the main benefit would be to get some control rights.
We have the main, main DAO in the game. There are several DAOs, but this one I’m talking about is the main one. It’s called the “Council of Angels” and it will basically run the game.
If you wager enough $ANGL, you will be promoted to an advisor. This is a prestigious title that gives you the right to vote. If you bet even more, your title will be promoted and you will start enjoying reduced commissions in the market and gain access to private NFT series.
-are you only using 1 token?
No, there is another token, $NCOIN, which is an in-game currency with an unlimited supply. However, its supply is controlled by the Council.
It is mainly used to repair items, upgrade them (acting as a resource most of the time), and to access some generic items and some low-level NFTs.
As a side note, you can find more details about tokens in our datasheet, but there are other interesting features such as even locked token staking ($ANGLx) and secondary token staking ($NCOIN).
Can you tell us a little about the Angelic team?
Yeah, my favorite question, First of all, my team is amazing! This is the reason why I am here today, enjoying the opportunity to be here. I owe them a lot.
Angelic is a collective startup, all along the way, everything we have achieved, we have achieved thanks to my team.
We’re basically coming from AAA companies instead of introducing one by one (this will take forever), let me share something. Like a super short summary of the team.
Actually even this visual is outdated, we brought in more talent from other leading companies but still let me share this.heir CEO @ErkanBayol joined us today .
Bravo. now I care more about the game
As you can see, the team has incredible experience when it comes to AAA games. Of course, we also have high-profile people from the crypto world.
The most unique thing, however, is that we have people from Hollywood!
The reason is that Angel is also a cinematic experience, so it was important to have a solid Hollywood experience. To convey the storytelling at the highest level, cinematography will be essential.
Now let’s move on to community issues. You are ready?
Many games require too much payment just to start the game, how about angelic?
What is the initial amount needed to start with Angelic?
This is another important difference that we have, because for us the biggest challenge of the blockchain gaming vertical is the super-high entry barrier for successful blockchain games.
We never liked that players were forced to spend thousands of dollars just to launch a game they had no idea about.
At Angelic we have a different approach, basically you can “buy” the game by spending around $40. That’s all. You can then enjoy single player mode, storytelling, and even multiplayer mode up to a point.
Think of multiplayer as sort of a hybrid between Free2Play and Play2Earn. You can even enjoy the multiplayer game for a while and you will need to start investing ONLY after you have experienced the beauty of the game long enough and are confident to start investing.
We trust the long-term value and intrinsic value we create so we don’t rush people to spend money. This practically makes entry-level Angelic only $40.
Feel free to enjoy single player, or join multiplayer directly, or join a guild and start your journey with them, or play single player first and then move on to multiplayer… it’s all up to you.
Now to the second question
Congratulations on getting $10 million from investors. What aspect of the Angelic project do you plan to direct these funds to? What other projects are Metaverse Game Studio currently working on?
Short answer: it will be fully focused on the development and marketing of the project. Actually mostly development.
We are actively expanding, attracting new talent from around the world. We have developers and artists from the USA, Spain, Turkey, Israel, China, Russia, Ukraine (I put these two in turn on purpose, we are categorically against, including our entire team!), Poland, Iran, Germany, Switzerland, Mexico and etc…
Yes, most of the funds will go to development, making it even better and better, and the rest goes to marketing. Please remember that we are here for the long term, the future is angelic for us, this is the future of our children. So we will continue to put everything we have into making the game epic.
By the way, I probably forgot half of the team, but yes, we have a lot of people around the world, sorry if I forgot any nationalities (sorry team :) )
Now to the 3rd question
Can you explain what makes Angelic NFT different from other competitors in the GameFi NFT industry? What is the unique value of your NFT offering
The biggest unique value proposition comes from the other core USP we have.
Think of Angelic as a massive IP project, not just a single game or simple project, but a massive collective intellectual property that is being developed by the thousands. Not only developers, but also the community.
So, in addition to the potential monetary value of NFT items, they also have another, perhaps more intrinsic value.
Imagine that you have a hero based in the universe of The Lord of the Rings, Star Wars, Star Trek, or Game of Thrones. Now, thanks to the blockchain, you really own it. Even better, you can even design something and maybe suddenly millions will love your characters and now you’re a celebrity!
For us, NFTs are not just tradable items. They must have functional, intrinsic and emotional value.
Some of them will even have physical “extensions”. I can’t give more spoilers, but you’ll love what we have in store when it comes to NFTs. Expect something truly unique and high quality, both in terms of visuals, utilities, even storytelling, and more.
Note that in order to increase the value of the core offering (shared intellectual property), we are making Angelic a cross-platform game. This means that in the long run, Angelic will be available on PC, consoles, and even mobile devices. This means more audience, which means more value and attention to your NFTs!
To question 4.
As mentioned, there are 4 types of characters in Angelic? How do they differ from each other? Is there a fee to create our characters, and can they be rented/rented out and upgraded as the game progresses?
In fact, the main part of the question concerns crafting. But yes, there are mostly protagonists (canonical lore heroes), heroes that can be designed and built by the community or developers mainly for multiplayer, and also NPCs, etc.
When it comes to designing heroes and crafting items, crafting is obviously important. Let me show you this:
This is a basic design diagram for building a meta property, but it is a good reference for demonstrating the general approach.
1) Yes, you can create and design a lot of NFTs and universal items, from heroes to space stations.
2) No, you can’t create something just by spending money. Angelic is NOT a paid game. For us, this is a big NO.
Thus, our entire crafting mechanism rests on 3 pillars.
a) Give the player freedom and choice
b) Avoid Pay2win
c) Make the process as fun as possible without relying solely on polishing
There are some interesting details to this, for example, depending on your play style, even if you end up getting level 50 or something like that, and even if you have funds and resources, you won’t be able to create everything. items due to choice. you do while playing (Angelic is a narrative game, remember? :) )
Thus, the choice has consequences even in multiplayer mode. (Hint: check the “Other possible requirements” section)
Back to the question, more information can be found in our extensive white paper, but of course, after creating your NFT (hero, ship, whatever) you can use it for yourself, sell or rent it. Your choice.
So yes, you can create something and make money from it. Even better, if you are an artist, you can make something really unique by importing your models and textures 🥳
Time for the 5th question
How does #Angelic increase the value, liquidity and utility of the token? So that this could lead to an increase in token prices?
What is your plan to make your project sustainable and provide the best return for investors in the long run?
Let’s discuss some finances, we mainly focused on gameplay, lore, etc. So maybe another question from a different perspective. Thanks for the question Henry!
This is super important to us. It all starts with choosing the right partners. We see how many projects randomly select investors, only caring about the initial money, completely ignoring the long-term consequences.
This is a deadly mistake. Also, irresponsible. That’s why we’ve spent months finding the best partners. We were lucky to get huge interest from investors, but the main criterion for us was to find diamond hands that hold tokens, and not immediately dump.
Also note that the team (even our consultants) have a 2 year cliff followed by 5 years of vesting. This is the longest rock you can see in this industry.
You can see the vesting details for the team. Thus, we have blocked ourselves and found suitable partners for the stable operation of the tokens after the public listing.
Secondly, we are definitely not looking for 100x and dump scenarios. In fact, we hate it and do our best to avoid it. We have hired one of the best market makers in the industry (GSR) to properly secure liquidity and we have kept our estimates realistic while also paying a lot of attention to the initial token offering.
To some, our FDV seemed high, US$100 million, but it actually reflects the real cost of this massive project and also prevents absurd Pump & Dump scenarios.
after all, it’s important to have healthy growth, we prefer 100x growth in a couple of years rather than a couple of days. We want our investors to see a reliable source of income.
Apart from these details, we have the mechanics of burning tokens (even burning NFTs) ready, and the Council can always take action and dictate some kind of retaliatory action if something strange happens to the prices.
So yes my answer is basically we are looking for steady, healthy growth, something more stable, preferably not pump and dump cycles, but steady upward charts 👍
To the last question.
Can you briefly explain the DAO mechanism and Council voting system on the Angelic platform? What decisions will be voted on and who makes up the council of Angels? Finally, what are the rules for participating in the DAO community?
We have a quadratic voting system which prevents voting scenarios like pay2win.
You can google it, but it’s basically a system that forces voters to “choose” which topic they’d like to focus on, as they can’t dominate everything due to the exponential cost of each vote…
This is a very smart system for such cases. If you ever played the Civilization series, this game had a similar system for the United Nations feature :)
To become a part of the Council of Angels (the main DAO), you need to wager enough $ANGL. You can promote yourself by betting more.
This is a basic requirement, but from time to time we will offer special memberships to active community members to show our respect for our active players and members.
More information can also be found in our white paper. I believe this also answers some questions about GameFi features. Yes, of course, there will be staking, profitable farming, etc., and all this can be found in the white paper.
I think that’s it, thanks again for these great questions. It was quite difficult for me to choose among them 6 :)
Feel free to visit our link tree and get more details on everything guys.
thank you very much for your generous responses!
Thanks again for having me! This was my first text AMA, so I hope I did well! :)