Telegram AMA Recap: HeroFi
Time: 2PM UTC | Sep 19
Project name: HeroFi
Host: Andrew from BSC Army
Guest speakers: Eldana James | HeroFi BD
Segment 1: Introduction
Segment 2: Twitter’s questions
Segment 3: Live Q&A
We’re excited to announce that we’ll be hosting an AMA with HeroFi (https://t.me/herofiann).
Welcome to our guest Eldana James – BD Representative of HeroFi. How do you feel today?
Eldana James: Hi Andrew, thank you for hosting the AMA today! I’m feeling excited right now and can’t wait to start this session.
Andrew: Yes, that’s Eldana ladies and gentlemen. By the way, I’m Andrew – AMA Host today. I will tell you the rules of today’s AMA. We will have a total of 13 questions and are divided into 3 separate segments.
At the end of segment 3, we will have a Quiz segment. So stay tuned and don’t miss the chance to win a giveaway reward.
Segment 1: Introduction
Segment 2: Questions from BSC Army
Segment 3: Live Q&A
Have you got it?
Eldana James: Clear!
Andrew: So, let’s start
Segment 1: Introduction
1. Could you introduce a little bit about yourself and about HeroFi as well?
Eldana James: Yes, I’d love to! So hi again, I’m Eldana James – the Representative BD from HeroFi.
To talk about the overview of our project, HeroFi is a mobile aRPG game and also a free P2E game for everyone. The aim of the project is to create a new experience for players in the field of gaming and DeFi.
The game is created with a special mechanism for players to be entertained and DeFi will bring income in a sustainable way to make money for users.
To do this, the project has integrated a lot of its own experience as well as lessons learned from the other NFTs games to create new, appropriate mechanisms for users.
Andrew: Wow, HeroFi is one of the hottest P2E Games recently, so we are really excited to know about HeroFi
2. Could you share with us about your team members and what their role in contributing to HeroFi’s success?
Eldana James:Of course! Our team consists of a total of 11 members.
We have the Founder/CEO, Hai Hoang, who has 10 years of experience in the video game industry and is specialized in growth strategy and team scaling up.
Our co-founder/CPO, Tuan Pham, is an expert for developing over 10 mid-core games.
Hieu Bui is our COO, he specializes in exploring new markets including Windows Phone, Facebook, Instant Games, and NFT Games. We have a concept artist, Head of Game Design, a system architect, a lead programmer, a 2D animator, a 2D game artist, a video editor and graphic designer.
The dev team is BraveStars founded in 2013 by a group of top Game developers. The team has developed more than 70 games with more than 300 million downloads worldwide such as: Shadow of death, Hero of Empire, Stickman Revenge 3.
We are so confident to make a wonderful game for our users to have an amazing playing experience.
Andrew: Cool, we truly think that with that experienced team, HeroFi will go further in the future.
Eldana James: Thank you for the kind words!
3. Strategic partners are always seen as one of the most important parts of every project, so who are they of HeroFi?
Besides, HeroFi has got number of trusted partnerships throughout the network such as: Mayor Capital, Gem Hunter Ventures, Kiwi group, Infinity Capital, 100XCoin, AVStar Capital, Kardia Ventures, Crypto Holding, BBG, Shibance, Piggy Finance, TK Ventures, and much more in the near future.
Our advisors are Thanh Dao (CEO of Ezdefi) and Logan (CEO of LaunchZone).
We can’t forget the tremendous contribution and support from our supporters: LaunchZone and BraveStars.
Andrew: We could see a lot of famous names here. So, let’s move to the next segment.
Segment 2: Question from BSC Army
4. Could you please describe HeroFi’s tokenomic and what are the us cases of $HEROEGG and $ROFI tokens?
We have two main kinds of token: $HEROEGG and $ROFI
- For $HEROEGG
$HEROEGG will be used to “hatch” a special character NFT called Genesis Hero that has a gender (either male or female) and a star rating (from 3 to 6).
Genesis Hero produced from $HEROEGG token will not have the offspring production time prolonged as time goes on like other characters.
Players can collect $HEROEGG by participating in IDO or swapping on exchanges after being listed on September 6.
Genesis Hero will not have a time limit to produce offspring, like other characters and will only be limited to 5200 Genesis Heroes.
- For $ROFI
$ROFI is HeroFi’s main token. $ROFI plays an important part in the sustainable monetization of the HeroFi ecosystem and can be traded on DEXs. $ROFI is regularly given out at the rate of $10 ROFI per block and is allocated to all star rated heroes and their activities:
1 star: 1%
2 stars: 2%
3 stars: 6%
4 stars: 12%
5 stars: 24%
6 stars: 45%
PvP Battle: 5%
Tournaments & Events: 5%
Each hero is allocated a certain amount of tokens per day corresponding to your character level but if you do not complete enough tasks during the day you will not receive the reward of that day.
Keep in mind that this is a free game (Free to Play), players who join the game will be given a 1* Hero when registering a new account. Players can start earning with this 1* Hero by playing games, doing quests, etc.
Sorry if it took too long to explain about this but I just want to make sure everyone understands the concepts and the utilities of these 2 tokens
Andrew: That is really detailed and we think after your answers, users could have a deeper understanding about HeroFi’s tokenomic.
Eldana James: That’s a relief
5. What is your marketing strategy that will help expand HeroFi’s community and make HeroFi become more popular?
Eldana James: We are currently working with partners who are private investors: both are large joint ventures and influential KOLs.
These teams are an important part of our project which help us develop communication and stick with the project.
We have a specific marketing strategy and we will continually update the game from partner media channels while releasing the project and creating great community-events for players.
Andrew: Yes, we really appreciate it!
6. Security is also an essential corner, so how could users ensure security when playing game or invest in the HeroFi?
Eldana James: We prioritize our users’ safety and trust as always so we have planned ahead for our security system in HeroFi. We will collaborate with the top Audit parties to audit soon. Since we are having a lot of audit requests from other companies, we are considering choosing a big name who could do it for HeroFi in the fastest way. Some of the audit companies that we are targeting are Hacken, Slowmist, PeckShield.
Andrew: Yes, we know that and a audit report that will be announced soon will help players have the best playing experience
7. What are the roles of NFTs in the HeroFi Ecosystem? And what is the unique feature of NFT Marketplace compared to other huge NFT Marketplaces?
Eldana James: NFTs are Heroes and in-game items themselves. Unique feature is the Hero’s spawn mechanism because this mechanism helps the scarcity of Heroes in the game to be very tightly controlled. In addition, because the $ROFI token is generated mostly through gameplay, the marketplace will also have a very close operation with the gameplay because the assets and tokens in the game are mostly generated by gameplay as well. It can be said that the Marketplace will complete development with gameplay and community.
Andrew: So, we will move to the last question of segment 2 now.
8. Could you please share with us about HeroFi’s long term goals?
Eldana James: We have a long-term plan of expanding our project. In terms of gameplay, we need time to work, see how players adapt to the game and will make a decision to expand the game based on that. We have the designs of many heroes but will not release them all, gradually opening to refresh the game. It could help balance between the factors that are the excitement of the player and the upgrade from the game. All this to ensure the best player experience. We have been building a global community and many local communities as well in order to ensure that our game will be attracting a huge traffic of players and investors.
We will have a lot of attractive updates on our channel: https://t.me/herofiofficial. So stay tuned!
Andrew: So, now, we will move to segment 3.
Segment 3: Live Q&A
9. COVID 19 has slowed down many economies around the world but as a crypto business, does it affect you negatively or positively? Are you still on track to achieve your goals or are you planning a new development?
Eldana James: HeroFi is a P2E Game and it is different from the other P2E Games, in which they need to spend a large amount of money to start playing.
HeroFi is also free to play and it could help us easily reach so many players and investors even in difficult situations such as COVID-19, Unstable market or Downtrend period.
And above all, HeroFi is an entertainment tool for all people, they also make more money from the game without spending any money to play it. So we are so confident that we could also get a huge traffic from the players even in these situations.
10. Your project name seems to be very interesting. Does it have any story behind it? Can you share us with the inspiron for approaching this name?
Eldana James: I have been waiting for someone to ask about this lol
The Heroes are all familiar with so many users and players, right?
The key of the game is Hero, especially in the word ‘Hero’.
We decided to choose this word on our project’s name to honor the heroes appearing in the game and state the core value in the game.
And about “Fi” from “Finance”.
We want to create a sustainable game economy for our users and players. So it is the way we decide to choose the name ‘HeroFi’
We have come up with a slogan as well: Back in the days, Heros FIGHT but nowadays they do FINANCE.
11. According to the roadmap, what are your most important next priorities? Does your team have enough funds and a strong community to achieve those milestones?
Eldana James: The most prioritized goal at the moment is our Mating Breeding Mode for the Heroes in our game. It has been announced to be available in a few days so please catch up with all the news on our social media platforms.
Moreover, we are also focused on gaining more traffic for the upcoming release of our official Game in Android with combat and trading features.
Other features such as staking and farming for our native tokens will be gradually released in this quarter as well.
Stay tuned, wait for our game and learn more about our latest updates via our Telegram channel: https://t.me/herofiann
12. Does your project support staking programs? if yes. How does your stake system work? What is the requirement for users if they want to stake in your platform? Do you have a Token Burning plan to increase Token value and attract Investors to invest?
Eldana James: There is no predetermined total token supply for $ROFI, but the circulating supply is strictly managed by token burns. Every time user uses $ROFI in the game (not in the NFT marketplace) such as leveling up items, leveling up characters, etc., the token is divided as follows:
18% sent to development team
2% sent to advisors
10% used for development and marketing
10% used for adding liquidity
It will help us prevent the inflation of $ROFI
13. Many people want to learn about your project but they have problems with English, so do you plan to spread awareness about your project in different countries where English is not good? Do you have a Marketing strategy aimed at developing many different communities such as Vietnam, Indonesia, Korea, Iran, … about your project so that they can easily communicate and understand the Project.
Eldana James: With the mission of going global, we have been establishing a lof of local communities. We have established a community in Vietnam, which is a Southeast Asia country.
In the future, our aim is expanding to some strong communities such as Europe and America.
Here is our current community, you could go there and see how we develop it.
Global community: https://t.me/herofiofficial
Vietnamese community: https://t.me/herofiiovn
Chinese community: https://t.me/HeroFichina
Andrew: Congratulations on successfully completing the hardest part of each AMA session, which is interacting with investors and the questions they want to know.
We think that these answers could satisfy our users. Thank you Eldana James. It is our pleasure to have you here today to talk about HeroFi. We hope that your project will go further in the future.
Eldana James: Lovely! I wish I could stay for longer but I guess I would have to step back and leave the stage for you @Andrewbarmy and your exciting Minigame session.
Thank you for having me here today. It was a wonderful AMA session
Andrew: Great, thank you again and have a nice day!
Up to now, HeroFI has had outstanding growth with an ever-expanding ecosystem, promising to thrive in the near future.
Disclaimers: Writers’ opinions are solely their own, and do not constitute any financial advice, investment advice, or trading advice.
BSC Army strongly recommends that you do your own research, and seek professional advice from a financial advisor where appropriate.