Liandaodao Live Room丨How does KAKA, the global IP aggregation section of the Metaverse, innovate the economic value of card games?

At 17:00 on the afternoon of August 6, 2021, the big name sharing session of Liandaodao live broadcast room specially invited KAKA NFT Metaverse Chinese Promotion Ambassador Congge to conduct a special live broadcast on "How does KAKA, the global IP aggregation section of the Metaverse, innovate the economic value of card games?" Sakura, the head of Liandaodao media, talked with Congge, and through the method of question and answer, the hottest content in the industry was presented to you.

KAKA NFT WORLD is a global brand IP aggregation platform positioned in the metaverse, focusing on the construction of the NFT+DEFI value ecosystem for popular animation and games, and a prediction protocol (Prediction Market) vertical to the e-sports market. The main business is divided into the following two categories: popular animation and game NFT technology casting and trading, circulation, online competition and other services; its vision is: KAKA-make games more valuable!

The following is the interview transcript: (with some minor omissions without changing the original meaning)

Question 1: In 2017, the first generation of NFT represented by CryptoKitties was briefly popular but gradually faded away. However, in the past few months, the concept of NFT has become popular again. What do you think caused the previous silence of NFT? What is the reason for the renewed prosperity this time?

Cong Ge: At present, many NFT projects are issued by people from the traditional art world or the collection world. They have too narrow an imagination of the application of NFT, and they desperately issue a lot of NFTs, and then throw them all to the market to digest. There are too many such project parties, and it is difficult for this market to take over no matter how rich it is. Many people may be sad to hear this. But does it mean that except for scarce NFTs, the other large number of long-tail NFTs are worthless? Not necessarily. In my opinion, this actually involves the similarities between the collection circle and the cryptocurrency circle: consensus.

With the development of NFT in the past few years, a lot of consensus has been formed, which can be seen from the fact that more and more people own NFT assets. Many of them have developed faith in the NFT in their hands, which is similar to the situation of collecting Bitcoin a few years ago.

Under such circumstances, the most common "collectibles" and "artworks" attributes of NFT are just the beginning, and the development of more attributes in the future is the real starry sky. In addition to the collectible features, the next generation of NFT also has its own unique functionality. For example, in the KAKA Talan Continent game, NFT cards can not only be collected but also participate in game battles, earn other people's cards and generate tokens. This is organically combined with the game's DEFI mechanism.

I believe that the era of NFTs with practical value is coming.

Question 2: As far as I know, KAKA is a global brand IP aggregation platform positioned in the metaverse, but in fact most people today don’t know much about the metaverse. Can you explain the concept of the metaverse to everyone in a simple way?

Congge: The concept of Metaverse originated from science fiction, or refers to the "ultimate form" of the Internet. The word Metaverse comes from the science fiction novel Snow Crash by writer Neal Stephenson, which describes a world where people interact with various software in three-dimensional space as virtual images.

Conceptually, the word Metaverse is composed of Meta and Verse. Meta means transcendence, and verse represents the universe. Together, they usually represent the concept of "transcendent universe": an artificial space that runs parallel to the real world. Looking back at the development of the Internet, from PC LAN to mobile Internet, the immersion of Internet use has gradually increased, and the distance between virtual and reality has gradually narrowed. Under this trend, Metaverse, where immersion and participation have reached their peak, may be the "ultimate form" of the Internet.

Technically, based on the traditional Internet, the Metaverse has put forward higher requirements in terms of immersion, participation, sustainability, etc. Therefore, it will be supported by many independent tools, platforms, infrastructure, protocols, etc. As the maturity of AR, VR, 5G, cloud computing and other technologies increases, the Metaverse is expected to gradually move from concept to reality.

Question 3: Why did KAKA choose the Metaverse + NFT sector? What kind of chemical reaction will the combination of NFT + Metaverse produce?

Cong Ge: We chose the Metaverse + NFT sector because there is still a lot of room for expansion and imagination in this field. Our business is to provide NFT technology casting and trading, circulation, online competition and other services for popular animation and games. KAKA is one of the earliest NFT projects with the concept of the Metaverse.

Games and blockchain are the technologies and media that the Metaverse relies on more. The main reason for this reliance is that the core of the Metaverse is the carrying of virtual assets and virtual identities. It needs to create a fair, open source, and reliable economic system. With the help of blockchain, it can just protect the security of users' virtual assets and virtual identities, realize the value exchange in the Metaverse, and the entire circulation system is executed in a transparent manner. At this level, users can have an extraordinary experience in the Metaverse and create circulation value.

With the help of the concept of the metaverse, or riding on the craze of NFT, both will achieve more breakthroughs and innovations. From the core value of the metaverse, the metaverse is a shared environment that transcends space and time. The addition of high-tech technology will profoundly change the way of communication and interaction in the real world, and continue to provide services to users. This coexistence of roles will transcend existing physical roles and have scalability beyond imagination.

Secondly, the extension of various elements in the Metaverse is completely unrestricted by hardware and can evolve over a long period of time. In addition, as a digital species, the Metaverse provides rich content and further generates data, digital items, and assets in the interaction, becoming a rich and exciting vibrant community. For NFT, it can solve its lack of liquidity and practical application problems. With the help of the Metaverse, the application scenarios, community foundation, and transaction volume can be further precipitated, and there is real liquidity and application to support the long-term development of NFT.

Although Metaverse has a wide range in a broad sense, the current exploration of Metaverse combined with NFT is mainly in the field of games, which is also a relatively more suitable development path verified by the current market. The background of this trend can be roughly summarized as follows: On the one hand, most of the early Metaverse product experiences are centered around the game industry, and a certain user base has been accumulated.

On the other hand, games have many value extensions. All users can be both consumers and creators. They can own items in the virtual world by purchasing them, or they can issue their own NFTs to attract users to pay attention to their works. Driven by dual identities, it will bring a huge market with exponential growth. In addition, as blockchain expert Xiao Feng mentioned, blockchain will help the process of "digital twins-digital native-virtual and real coexistence".

Among them, digital native can be regarded as the prototype of the metaverse, and virtual-real interaction is the scene after the metaverse is fully implemented. This requires a gaming platform that encompasses the most comprehensive virtual-real interaction. In this platform, everyone can get the deserved rewards through this platform, and everyone who does valuable things can stay in the game.

Everything in the real world can be connected to the blockchain world through NFT. This is the most hardcore value of NFT; it means that NFT allows us to create a real parallel universe in the blockchain world.

Question 4: In addition to the currently popular business simulation and sandbox blockchain games, the blockchainization of collectible games (TCG) is undoubtedly one of the important development directions. Can you introduce this field to us?

Cong Ge: Specifically, whether it is a strategy card game like "Young Three Kingdoms" or a collectible card game like "Hearthstone", they can all be upgraded on the blockchain platform based on the integration of the genes of the CryptoKitties game. Since cards have the space for collection and appreciation like pets, the distribution system and trading system of card games can directly inherit CryptoKitties. Rare cards have a higher growth rate and combat value, which can also become a motivation for players to play them.

In addition, players will also have a variety of choices in experience. Some players can choose to become merchants who hoard rare cards to make money, while others can become strong men who pursue supreme combat power as before. Since the distribution of cards is not completely controlled by the publisher and trading between players is allowed, players can enjoy an experience different from existing card games. Cards can be collected by themselves, or they can choose to spend gold to trade with other players.

There are a wide variety of IPs available for card games. Current card games cover a wide range of topics. Some collectible cards originated from early Magic: The Gathering, which is closely related to board games. The well-known Hearthstone originated from Blizzard's Warcraft. Domestic strategy card games often use IPs such as Three Kingdoms, Journey to the West, Naruto, One Piece, and Dragon Ball, which can also be adapted into blockchain card games.

In short, as long as there are certain elements that can be used to "collect" value, they can all be adapted into blockchain games. Once multiple blockchain games form development momentum and word-of-mouth influence, the 2.0 era of blockchain games will officially take shape.

Finally, under the premise that blockchain technology has not yet been perfected, the popularization of DApp (Decentralized Application) still needs a transition period. This period will be a period in which DApp and centralized App will coexist, and games are no exception.

TCG or card strategy games have the most convenient transition conditions during this period. The reason is simple. Card games can use the established trading system in version 1.0 to first implement asset chaining, giving developers enough time to gradually implement other functions of the game on the chain, and finally achieve a relatively complete game application smart contract system and decentralized community autonomy.

Judging from the landing trend of existing blockchain games, blockchain games seem to be retracing the development path of mobile games. After all, when mobile games entered a period of rapid growth after 2013, card games were the first category to explode.

GAMEFI is the future.

Question 5: Can you briefly introduce the KAKA team? And what kind of effect does KAKA want to achieve in Metaverse?

Cong Ge: KAKA is a global team. Our CEO is DAVID LEE, who is from Seoul, South Korea. He is a senior planner in the East Asian pan-entertainment industry. He was formerly the chief market representative of South Korea's SK Entertainment Group in Europe - Chairman of the Board of Directors Euro SK LTD. He has more than 20 years of experience in game, music and film and television IP planning and promotion. He is a senior blockchain investor and CEO of South Korea's BitFuri digital asset exchange.

Our PRODUCT is DIRECTOR EDEN MI, a senior game planner, mobile game and ACG culture enthusiast, consultant of Tongji University Blockchain Research Laboratory, with 12 years of experience in game product planning and development, familiar with AR and VR, and has participated in the development of dozens of mobile games.

KAKA NFT WORLD is a global brand IP aggregation platform positioned in the NFT metaverse, focusing on the construction of the NFT+DEFI value ecosystem for popular animation and games, and a prediction protocol (Prediction Market) vertical to the e-sports market. The main business is to provide NFT technology casting and trading, circulation, online competition and other services for popular animation and games.

We are an aggregation platform of the NFT metaverse. In the future, we will cooperate with more IPs, empower products, make games more valuable, and allow users to enjoy a better gaming experience and get the value they want. We are also an NFT chain game platform, and we will continue GAMEFI in the future.

Question 6: There are already many platforms and projects targeting NFT on the market. How is KAKA different from them? And what are KAKA’s advantages?

Congge: The main differences and advantages of KAKA and other products on the market are

1. Global brand IP aggregation platform

2.NFT Pioneer Collector's Edition

3. Strong IP consensus and huge potential for NFT products

4. Smart contract repurchase value is guaranteed at 20% discount

5. Support replacement of physical card authorization and anti-counterfeiting query

6. Collectible and tradable, convenient circulation

7. One-click upgrade to draw hidden high-level collection NFT

8. Added NFT integration for game battles, with high added value

9. Game battles consume real-time, transparent and without any dark scenes

10. Based on blockchain games, multiple sectors are embedded, and the value is not affected by a single market fluctuation

In addition to the above ten methods, we are also opening other ways to play. KAKA has innovated the blind box gameplay in the industry and used the two-opening technology. Users holding KAKA Metaverse Key have the right to open the blind box again through the two-opening. The original cards will be destroyed, but there is a higher chance of obtaining high-level rare NFT cards. The two-opening blind box not only breaks the conventional gameplay in the industry, but also opens the precedent of the two-opening contract of the blind box system.

The One Piece blind box currently sold with BakerySwap supports this function, and users can also participate in the bonus pool game after opening it.

Question 7: These days I saw that KAKA’s “One Piece” IP series rare edition blind box was launched on bakeryswap. What new gameplay has been introduced through this cooperation?

Brother Cong: One Piece is one of the key IP series acquired by KAKA. This time, KAKA and bakeryswap launched the One Piece NFT blind box (each card is based on the ERC-721 protocol) for sale on the BakerySwap platform. A total of 6,000 NFT blind boxes priced at 88USDT were sold, which contain 20 different One Piece characters; the number of each character is different and limited, and it also contains rare limited characters.

Users who have the KAKA Metaverse Key have the right to get a second chance to open the mysterious box after the first one. The original cards will be destroyed when the box is opened for the second time, but there is a chance to get a rare character, and it is also possible to get USDT directly at 60% of the repurchase price. Currently, all One Piece series cards have been put online for an official 20% discount repurchase, and the repurchase price of the highest level cards this time can reach ten times.

At the same time, users who open the card for the second time can also participate in our bonus pool activities and have the opportunity to win a bonus of up to 5280U. In the future, the cards can also participate in the battles and mining of the official game Taran Continent, and their value will continue to increase.

Question 8: What is the KAKA key you just mentioned? Can you give us a brief introduction to the purpose of KAKA Key?

Congge: KAKA key is launched by KAKA, based on the NFT released by Ethereum, using the ERC-721 rule, 500 pieces were issued at the genesis, and can be purchased through the linked wallet on the KAKA official website. You can understand it as our member.

Next knowledge points:

The value and use of kaka Key:

1) You can enjoy the benefits of the subsequent series of airdrop activities of Kaka NFT,

2) Get priority access to the latest development strategy information from Kaka officials;

3) Obtain Kaka figurines and gifts, and be eligible for the whitelist of subsequent welfare activities;

4) Discount benefits;

5) Customized benefits;

6) Multi-chain metaverse experience. Through KEY, users can get multi-chain metaverse experience. In the future, users can smoothly experience the metaverse services and experience on the Kaka NFT cooperative public chain without having to cross chains by themselves. It will become the key to the multi-chain metaverse;

7) Obtain the basic identity and space of the virtual character of Kaka Metaverse;

8) Of course, we are still unlocking more benefits, and users can look forward to it.

KAKA TG Chinese group: https://t.me/kakanftworldchinese

Question 9: What are KAKA’s future plans?

Brother Cong: In terms of NFT: KAKA will continue to deepen its positioning as a global brand IP aggregation platform in the NFT metaverse in the future. We cooperate with platforms such as Binance and OK Chain NFT. At the same time, we also have other IPs in our hands, which will be gradually exposed in the future.

In terms of games: Our August meeting will include the first global challenge, which is currently planned to be held in Shenzhen. Friends who are interested can pay attention to our later related information. We have prepared generous rewards for friends who participate in the challenge.

Currently, KAKA is connecting to multiple main chains, hoping to deploy the game "Taran Continent" on as many platforms as possible so that users around the world can play it. KAKA is also the only game in the world that supports multi-chain battles. It currently supports ETH, BSC, OOEC, HECO, Polygon, C-chain, and there will be more in the future.

In addition, the KAKA official store will soon open the repurchase of all 7th-8th level cards in the Marvel series, and support the dual-opening function. The project is being implemented and applied. For more details, please follow our official public account and Weibo.

Weibo: https://weibo.com/u/7303834962

Official account: KAKA NFT WORLD

Customer service number: Chase-Xx

Twitter: https://twitter.com/kakanftworld

Telegram: https://t.me/KAKANFTWORLD

Medium: https://kakanft.medium.com/

Discord: https://discord.gg/dEYGK3cwPZ

Reddit: https://www.reddit.com/user/kakanftworld

Questions from on-site users (selected parts):

1. For users who purchased NFT cards before the cards were launched, what is the liquidity of their cards and have they been sold at auction?

Congge: First of all, KAKA provides 20% off basic liquidity, and secondly, the average transaction price has increased by 25% to 50%. Now that the second opening is open, the average transaction price is about 2-5 times.

2. Will the "destruction upon battle" policy prevent players from participating in the battle?

Congge: Because the KAKA mechanism has battle mining, people who have participated in the second test know that you will get TOKEN rewards. This is a win-win situation.

3. Will KAKA conflict with NFT and Metaverse? Where will the focus be in the future?

Brother Cong: KAKA's game mechanism and guaranteed repurchase mechanism are the most critical parts of the Metaverse track. Currently, there is basically no one competing with us in the market. We focus on two aspects: blockchain games and in-depth use of IP.

4. Security is something that users care about and is indispensable. What kind of vulnerability risks does KAKA have?

Congge: Currently, KAKA has no risks. It will take time to break through the cross-chain in the future. How to make users feel at ease in cross-chain battles is what KAKA needs to consider now. In the S1 season, it is estimated that the BSC chain will be used first, and other chains will be opened later.

5. Does the competition between cards depend on their combat power or their scarcity? Does the scarcity of cards mean the value of the card is higher, and vice versa?

Congge: Actually, this is a misunderstanding. Card NFT and games are two different ways of playing. Of course, the scarcer ones are more valuable, because it is not only the game mechanism, but also the IP gameplay that comes with NFT itself.

6. Is there any benefit in holding the cards?

Brother Cong: The cards you hold will have a premium repurchase after the game, which is the so-called premium repurchase after destruction.

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