Saint Seiya officially settled in KAKA

At 19:30 on the evening of July 5, Qicai Research Institute and KAKA shared practical information in the Qicai Research Institute live broadcast room with the theme of "Saint Seiya officially settled in KAKA". Host: Qicai Research Institute Ice Cream, sharing guest: Congge, KAKA NFT Metaverse Global IP Aggregation Platform Chinese Promotion Ambassador.

The following content is provided by KAKA and compiled and published by Qicai Research Institute.

Colorful Research Institute Ice Cream: Good evening everyone, I am the host of today’s live broadcast room. Thank you to all the friends from Colorful Research Institute for meeting us on time. Let us welcome the special guest Cong Ge from KAKA to visit Colorful Research Institute, and let us enter today’s AMA theme event.

Q1. Ice Cream, host of Qicai Research Institute: Can you briefly introduce what the KAKA project is about?

A1. Guest: Let me first briefly introduce KAKA. KAKA NFT WORLD is a global brand IP aggregation platform rooted in the metaverse, focusing on the game NFT+DEFI ecosystem and a prediction protocol vertical to the e-sports market. The main business is divided into the following two categories: providing sales, trading, circulation, online competition and other services for game NFTs; focusing on the prediction market in the e-sports field.

Q2. Qicai Research Institute host Xuegao: There are many NFT projects on the market. Which direction does KAKA focus on? What are the advantages compared with other NFT projects?

A2. Guest: We have always been clear about KAKA's main direction. In the future, KAKA will focus on aggregating the top IP resources in the global market, continuously cooperate with well-known IPs around the world and obtain authorizations to build the KAKA NFT metaverse brand IP aggregation platform. Compared with the advantages of other projects in the NFT sector, I have summarized the following ten points:

1. Global brand IP aggregation platform

2. NFT Plate Pioneer Collector's Edition Level

3. IP consensus is strong and NFT products have great potential

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

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

6. Collectible and tradable, easy to circulate

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

8. New game battle NFT integration, high value-added

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

10. Multiple sectors are embedded, and the value is not affected by a single market fluctuation

Q3. Qicai Research Institute host Xuegao: Why did KAKA choose games as its entry point? What achievements has KAKA made in this field?

A3. Guest: Among the many tracks in the NFT sector, the game track has high traffic, high playability, low user participation threshold, and strong stickiness.

In addition, game NFTs have usage attributes and have higher liquidity in the secondary market than traditional ART and niche IP NFTs, which will give them more value. This coincides with our KAKA core concept - to make games more valuable!

On May 30, KAKA successfully completed the auction of Marvel's authorized collection limited edition NFT on the DODO platform, selling 4,837 pieces in two days. During the auction, users conducted a total of 855 transactions, with 604 participating addresses, a total transaction volume of 2,418.5 BNB, and a transaction value of over US$820,000!

KAKA cooperated with TheForce.Trade platform to sell 500 Marvel villain cards and the Big Mouth Monkey Dragon Birth Nine Sons series, which sold out in 10 seconds, setting a new record for KAKA NFT World card sales!

KAKA cards are very popular in the trading market. According to data from treasureland, a professional NFT trading platform, the average transaction price of Big Mouth Monkey is 1bnb (the user purchase price is 0.2bnb) and the average transaction price of Marvel is 0.71bnb (the user purchase price is 0.5bnb).

Q4. Ice Cream, host of Qicai Research Institute: The market is full of mixed fish and dragons nowadays. How do you view the future of NFT?

A4. Guest: Looking at the most popular and hottest sector in the entire industry in 2021, it is neither decentralized finance Defi nor the "popular" MEME meme animal currency, but NFT! Of course, the investment value of NFT works is difficult to quantitatively evaluate at present. The market is mixed. Some high-quality NFTs will be sold at "sky-high prices", such as the NFT artwork "Everyday: The First 5000 Days" that was announced at Christie's auction house some time ago and caused market discussion and was finally sold for US$69.34 million; there are also flooded, relatively ordinary NFT assets that no one cares about on trading platforms such as Opensea and Rarible.

Anyone who has watched Ready Player One knows that the existence of Oasis provides a place and bridge for the connection between reality and virtuality. It will have a complete economy that spans the physical and digital worlds. Data, digital items, content, and IP can all be circulated in the Metaverse, and all kinds of users and companies can create content to make it more prosperous. So, we found something very interesting, that the Metaverse and blockchain can be fully combined. Whether it is the consensus layer or the technical layer, they are mutually compatible.

Speaking of potential, I think the potential of the metaverse is infinite. The potential of the metaverse lies in subverting the dimensions of human consciousness and cognition and creating a whole new world. Perhaps in the future, the richer people will enjoy a different sense of accomplishment in the metaverse, while ordinary people can only stay in the dimension of reality.

It is not difficult to see that the market is fragmented, but this does not prevent me from being optimistic about the future development of NFT. When issues such as NFT's liquidity and financial empowerment are solved with the iteration of technology and the improvement of market awareness, its investment value and potential will be fully released. It can be said that NFT is an indispensable existence in the future asset digitalization path. In theory, all NFT assets can be digitized, which can effectively solve the problem of asset chain. Its future development potential and imagination space are enormous!

Q5. Ice Cream, host of Qicai Research Institute: In addition to Marvel, what other IPs are we planning to cooperate with?

A5. Guest: There is also a big news announced today that Saint Seiya will be available in KAKA in the next few days and will be sold on the official website soon. Friends who are interested should remember to pay attention to KAKA's official information.

Here is a small preview for our KAKA friends. In addition to Marvel and Saint Seiya, our team is also preparing to cooperate with Mickey, Spider-Verse, and One Piece. For specific progress, rules and gameplay, please follow the official Twitter.

Q6. Xue Gao, host of Qicai Research Institute: Can you tell us how KAKA designs the economic model of tokens?

A6. Guest: The initial total amount of KAKA tokens: 100 million, 15% for institutional investment, 20% for release after launch, the remaining locked for one year, 20% for release every quarter, 10% for team allocation, 0 pre-mining, release after 12 months of lock-up, 20% every quarter, 10% for IDO open allocation, linear release after 6 months of lock-up, the remaining 65% is produced by mining, a small part is used for airdrops to early users, no lock-up, automatically destroyed by smart contracts, forming an automatic deflation mechanism. The final total amount of KAKA is only 21 million.

Q7. Ice Cream, host of Qicai Research Institute: How does KAKA token realize value capture in the NFT market?

A7. Guest: Let's talk about the value of NFT first. For collectors, the value of NFT is part of the value of owning collections. It can only be said that it brings them a way to display their collections. But I think the specific value of NFT is to truly solve problems. NFT is not only an artistic collection value, but also has a unique solution in terms of game achievement value and asset securitization, which adds liquidity and authenticity to many heavy assets or some intangible assets in reality.

In the KAKA ecosystem, the platform token KAKA and NFT cards are deeply bound and mutually dependent. As a platform equity token, KAKA not only enjoys the right to dividends from platform revenue (card sales), but also has the decision-making power of DAO community autonomy. Users who pledge KAKA-USDT LP can obtain the platform exchange token KAKA Gift Token [KGT]. Taking Troland Talan Continent as an example, each KGT can be exchanged for a card blind box, which continues to attract users to provide liquidity for the KAKA ecosystem and participate in game battles.

There is no conflict between holding KAKA platform tokens and collecting NFT cards. Instead, they are complementary. Users holding KAKA platform tokens can redeem card blind boxes with a relatively low threshold to form LPs. They have the opportunity to open high-value NFT cards and consume them in game battles. This in turn will encourage users to hold more KAKA platform tokens, thus forming a virtuous cycle of "positive feedback". Of course, as a platform that focuses on the aggregation of global brand IPs in the Metaverse, KAKA will cooperate with internationally renowned top IPs in the future to launch more exquisite NFT products. Crypto players who like to collect should always pay attention to KAKA.

Q8. Qicai Research Institute host Xuegao: Is KAKA satisfied with the progress of the team, products, and financing? What kind of help has the organization provided to KAKA?

A8. Guest: KAKA is a global team. Our CEO is DAVID LEE, who is from Seoul, South Korea, and is a senior planner in the East Asian pan-entertainment industry. He was the chairman of the board of directors of Euro SK LTD, the chief market representative of South Korea's SK Entertainment Group in Europe. He has more than 20 years of experience in planning and promoting game, music and film IP. He is a senior blockchain investor and CEO of South Korea's BitFuri Digital Asset Exchange. Our CTO is FRANK CAO, who has a master's degree in financial engineering from the Hong Kong Polytechnic University and has worked as a senior derivatives trader in a large state-owned bank. He is good at writing real-time and fast responsive systems. He has been engaged in blockchain development since 2018 and is proficient in the development of smart contracts such as Solidity. Our PRODUCT is DIRECTOR EDEN MI, a senior game planner, a fanatic of mobile games and two-dimensional culture, and a consultant to the Blockchain Research Laboratory of Tongji University. He has 12 years of experience in game product planning and development, is familiar with AR and VR, and has participated in the development of dozens of mobile games. Our CMO is CONG ZHANG, who has many years of experience in Internet brand promotion and operation management and senior experience in digital asset brand operation management.

KAKA NFT WORLD, the world's top NFT vertical game value ecosystem platform, has received investment from more than 40 well-known investment institutions, miners, and exchanges at home and abroad, including BIP32, Waterdrop Capital, Consensus Lab, Infinity Labs, AU21, Redline Capital, 7 O'Clock Capital, etc., with a post-investment valuation of more than 15 million US dollars. These institutions have given KAKA a lot of help in the early stage, and have accompanied KAKA to the present. In the process of cooperation, they have always been in a state of mutual learning. We hope that we can continue to cooperate in the future and move forward together.

Q9. Ice Cream, host of Qicai Research Institute: What opportunities will KAKA have in the future that you can tell our community friends about?

A9. Guest: KAKA NFT WORLD will fully promote the implementation of various businesses in July. KAKA is about to set sail in July~ Dear partners, please be mentally prepared. The game beta challenge and official mall repurchase have been opened. The KAKA Key metaverse key has been released for sale. In July, the official website will be optimized and upgraded, and rare KAKA sauce NFTs will be created. Official authorized Saint Seiya NFTs, limited Taran Continent card packs, Disney Mickey NFTs, Kazai NFTs, and auditions for the top ten independent women will be held.

In the future, we will build the KAKA NFT metaverse brand IP aggregation platform. We have just officially announced that Saint Seiya has entered KAKA, and the official licensed Saint Seiya NFT blind box will be sold on the official website soon.

Next we will start the free question session, and the guests will randomly select questions to answer.

Q1: What are your plans for the future? What is the next milestone that Kaka has set for himself? What is your development blueprint for the next few months?

A1: Future plans: Star projects supported by the three major institutions: To fully expand the IP universe, you will see that Kaka has a lot of publicity recently; Cooperation with big IPs; As for Ido, it is currently connecting with Coinlist, BSCpad, Republic, etc.

Q2: In what ways can Kaka generate profits/income to sustain your project? What is its revenue model? How does it make it a win-win situation for investors and your project?

A2: KAKA’s profit model includes NFT as one part and games as another. But the biggest part is currently kept secret. KAKA will be a two-dimensional collection platform in the future, which is very exciting to think about.

Q3: What is the difference between KAKA and other self-games with the same theme?

A3:1. IP attributes

2. Competitive attributes

3. Embed DEFI, battle income, etc.

4. The underlying agreement for the 20% discount repurchase

5. Various traditional games are favored by fathers, and there will be many more in the future.

Q4: What is the maximum profit of a synthetic card?

A4: Venom is the only card that has this function. Currently, there are only 3 Venom cards. It depends on what Venom thinks.

Q5: Has KAKA applied for Binance’s NFT?

A5: Around July 19, KAKA should be listed on the Binance NFT blind box section, and there will be a sales booth in the future.

Q6: Will there be an NFT for Naruto in the future?

A6: Speaking of Naruto, many local dog projects have also issued Naruto's NFT. We have verified with the copyright holder that there is currently no Naruto-related NFT. I believe that Naruto also belongs to KAKA.

Q7: Do you have any plans to join the Huobi ecosystem chain? I previously went from Ethereum to Binance Smart Chain?

A7: Yes, KAKA is waiting for Huobi to invite us to build their ecosystem together. Currently, MATIC is connected.

Ice Cream, host of the Colorful Research Institute: Thank you very much to KAKA Congge for his wonderful speech tonight, which allowed users to have a comprehensive and in-depth understanding. I am looking forward to being a guest at the Colorful Research Institute again, and I wish KAKA a hundredfold success.

This event is co-organized by Qicai Research Institute and KAKA.

With strategic support from multiple media outlets, thank you to all my colleagues for your support. See you in the next episode in the Qicai Research Institute’s live studio.