Recap of the Kai inu AMA with Blockchain Space
On Tuesday, August 10th, we had the pleasure to welcome to our Telegram chat:
Benjamin, The CEO of Kai inu.
We asked him questions about the development of Kai inu.
Q~ Thanks for joining us today. Please start off by introducing yourself to the Blockchain Space community and your role in the team ?
A~ Hey, I am Benjamin, 25 years old studying economics in Berlin!
I am the CEO of Kai inu, and we are working hard since day one on this.
Kai Inu is a deflationary project that targets NFT technology. The project has 3 capabilities. Users can track their wallet on the website and use other features. Furthermore, in the future it will be possible to view charts and other important security factors for a token. The main goal of this project is the release of a NFT game, where players can earn money (PLAY2EARN).
Q~ Tell us what Kai Inu is, how it works, and what kind of value it adds to the ever expanding DeFi ecosystem ?
A~ Kai Inu is a deflationary project, targeting NFT peers.
It has a lot of features, it has 3 utilities.
The Kai Inu Wally, where you can track wallets and have all the Buy and Chart infos on one sight. Also there is a cool feature which is moontiplier. You can check it here kaiinu.io/wally
The next utility we are presenting in the upcoming month is Kai Inu Vision, where you can track all the charts and see if a token is secure to buy or not.
Our main focus is on the NFT game. The alpha version is coming in next month. It will be accessible to everybody and you can play 2 earn. We are combining NFT + DEFI.
Q~ Can you share with us detailed information on the $KAIINU tokenomics and it’s usecases ?
A~ Yes sure, I already explained all the information about Kai Inu in the first question, was bit too quick :). These are all the usecases for Kai Inu. Kai will be also the main currency in our game.
34,17% of the tokens are burnt and more are coming!
Every transaction of $KAIINU increases liquidity, which allows larger trades and stabilizes the price.
Not only 2% of every transaction will be redistributed back to holders, but we plan to reward holders with NFTs!
This fund will be reinvested back into the token to support our marketing efforts.
Q~ Can you give us an update on what the team at Kai Inu has accomplished till date and your future plans for Kai Inu ?
A~ What we achieved so far is a lot, we built a community of 5000 people, our contract is audited and secured, 5000 Twitter Followers.
We also have 10000 Holders who are supporting us and are holding strong.
Therefore we are already on Coingecko and CMC and our first utility Kaiinu Wally is on the market.
We are growing steady and slowly and we have not even started yet! There are way more things which are about to come.
Our Q4 will be big!
QUESTIONS FROM BITCOINTALK
Q~ I read that Kai Inu has an RPG Game in development, can you tell us more about it? What will this game be about and how do you plan to make it appealing and profitable for your users? Also, Axie Infinity is ruling the world right now, how do you plan to compete with it too ?
A~ Yes you heard that right! Kai Inu is building an NFT RPG game in 3D.
The game of Kai Inu is completely different from other project. It is the first ever 2,5D-3D Crypto game ever. We are combining NFT and defi peers together.
There are features like PvP, Quests and social areas you can also use voice chat and chat with other players, there will be also social areas where players can visit friends and decorate their room with NFT objects.
We are also bringing a 3D NFT marketplace and much more!
KaiInu team is working to bring innovative gameplay while keeping it very easy to play and access. The core of the gameplay is the community. There will be many ways for the users to choose how they want the game to be. If they want to point and click and play a very simple game that they can earn from collection at in game events or if they even want to play more advanced and gain/show their skills in pvp style.
Later on in the Beta Version, we will publish our new Token InuTreats, where people can earn money from playing.
AXS already has a lot big partners and they went really mainstream. We are working for the same thing and will start marketing with Twitch Influencers, since they have a lot of Viewers.
Here are some insights also
Consider this is still in development UI, graphic fixes are coming.
Q~ Since the revamping of Kai Inu and distancing itself from being a meme token, Do you have any plans to change the name soon, since the Inu family are generally known for being memecoins ?
A~ We revamped because we do not want to be compared to meme token. We think Kai Inu is a dog which shows strength and is independent, also big in a pack.
We are keeping the name so people who still love the Word Inu can search Kai Inu up and see it is not a meme anymore, we also build a Poly logo which fits perfectly to the game.
Here is our new logo by the way we did not change that on the banner.
QUESTIONS FROM TWITTER
Q~ Meme tokens have made the cryptocurrency market more competitive. To be long-term sustainable, you’ll need a lot of users. What marketing methods are you planning to boost your brand’s credibility? Are you considering forming a strategic alliance to help you advance your project ?
A~ We having a lot of marketing planned, right now we are focused on giving AMA in different communities so we can reach everybody.
We are also not a meme token anymore, I know that a lot memes pump and then dumps again, but this is over if you check out Kai's Roadmap and see what is coming in the next months.
We are planning to create an organisation, once the game comes out. This is necessary step to build more trust. I am already doxxed and the team and me are already showing transparency to the community.
Q~ Is it true that the transaction is automatically burned? How can you be certain that your token’s value will rise as supply falls? How many tokens have you already burnt since the beginning? What effect does this have on your token’s price ?
A~ We burnt 34% of the supply since the beginning, every transaction give rewards to the burn address, so over time the burn address getting more and more tokens.
The lower the supply, the lower the marketcap, I know that a lot people are searching for low marketcap gems and this is one.
It has not really had a physical affect but it is a bullish factor in mind of a lot investors.
Q~ Only two quarters of roadmap is available and a lot of things are planned in them. Do you think that you can complete all by the time you have set? Is a best team with you to achieve all what you aim, because many projects start good and have nice plan, but never execute well ?
A~ We think Quarterly roadmaps give us enough time to accomplish Milestones in our roadmap.
We had before a monthly roadmap and some things delayed to the next month. Now we have 5 months to accomplish our goals, that is enough time, we sit on this roadmap almost a week to see what we can achieve and what we can't during this time.
Q1 and Q2 of 2022 will be published at the end of Q4. Since we need to know first how things will go.
We have a great team, 5 core members who specialized on marketing, web development and game development so all areas are filled.
QUESTIONS FROM TELEGRAM
Q~ Is your project a local project and a global project ? Can anyone uses your services from anywhere in the world? Is there are any restrictions of using your service ?
A~ Our project is a global project everybody have access to our game there will be no restrictions.
Q~ I was able to read on your website that you are also planning a reward system for NFT holders, how will these rewards be distributed? How much will these NFT pieces be valued at ?
A~ Yes we are planning to airdrop some basic NFTs to the Top holders, the Price for the NFTs can be set by their own, it is a open market :)
Q~ $KAIINU is working simultaneously on the ETH and BSC Networks, are you considering accommodating other blockchains in the future ?
A~ Yes Kai Inu can be bought on ETH and BSC, it is one of the first inu tokens on both chains.
We are planning to expand to other chains in the future!
Q~ How can i find kai inu information channels ?
With kai inu nft gaming, what kind of assets are received when playing games ?
With nft games on the market, kai inu can be confident in what to attract the community to play ur game ?
In the future you can earn Inutreats while you do quests, you can use inutreats for your pets or sell them on the open market.
We are attracting to earn money in our game while you having fun playing our game. We believe this game will break the crypto games and it will be a huge milestone.
Q~ What is your top 3 things for priorities in 2021? Could you share some plans for the upcoming year ?
A~ 1. Building the community activity
3. Accomplish major updates of our game.
It’s really nice having the Kai inu project in here!!!
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