PlayDapp AMA Recap

PlayDapp AMA Recap


CryptoDiffer team

Hello, everyone!😁

We are glad to meet here

Head of Business at PlayDapp (@lesangboy)

Global Media Manager at PlayDapp (@chownryan)

Sang Chung Head od Business at PlayDapp

Hi. It’s really exciting to be here to talk more on PlayDapp and our vision for gaming and blockchain. Hopefully we can share some of our passion with you.

Ryan Chown Global Media Manager at PlayDapp

Hi everyone, great to be here, looking forward to sharing a great session

CryptoDiffer team

Let’s start with pre-selected questions from Google Form:

Q1 by @THasan20: As I am also a Gamer, Why a gamer should dive into PlayDapp? Why do you think, Blockchain Game is better than Non- blockchain Games?

What types of Games are you more willing to bring in the platform?

Sang Chung Head od Business at PlayDapp

Gamers are used to many of the concepts that are present in PlayDapp’s philosophy. Afterall trading items is already established. But as a gamer, what is lacking is that perpetual reward for previous play. Moving from one experience to the next and taking the value of all that game time with you. Regardless of series, genre, or platform.

PlayDapp is open to gaming experiences from a broad spectrum, with our background in mobile and PC gaming we feel that the Platform is well suited to onboard many types.

CryptoDiffer team

Q2 by @hyunjigazua: It’s interesting that the existing successful games can be converted into dapps through Playdapp SDK. However, I wonder if there is Benefit that the existing successful games are actually changed to dappp. Furthermore, when the general public’s perception of cryptography is not as good as it is now. What’s the benefit?

Sang Chung Head od Business at PlayDapp

It’s important to maintain cash flow from existing services since the traditional market is much more important at this time. But it’s also important to prepare for blockchain adoption. Blockchain can be a new market that enables interoperable game experience, collaboration with other developers to share traffic and finally be able to generate revenue from secondary market transactions. 

Sony/Microsoft doesn’t gain any  additional profit from players selling games and game items among themselves. This is a 40 Billion USD market already existing. 1/4 of the whole game industry.

With our focus on blockchain being the lead, and the power that brings we believe that the public perception of this new technology will warm greatly. Much like how online payment went from outlier to the de facto method, normalization will occur, especially with relatable use cases like gaming.

Furthermore, we are already witnessing recognized service providers such as Samsung and Kakao already providing blockchain based services through daily used apps such as messaging apps.

We strongly believe these activities will greatly increase the general public’s view of crypto currency as a daily usable tool.

CryptoDiffer team

Q3 by @aladin2008: Cryptokitties is used to be one of the hottest gaming dapp in crypto thanks to crypto booming in 2017, however, there are very less people still play it today and the game seems to be vaporware. What do you think gaming dapp is lacking to be mentioned over time like centralized game (i.e Mario…)? How does PlayDapp address this issue?

Ryan Chown Global Media Manager at PlayDapp

We decided that there were many variables and constraints to simply expand the service to Crypto users, so we selected previously serviced and verified games and are doing upcycling for the end user.

These mobile games communicate through the gameplay itself to the general public, not users who already have Crypto, and then gradually introduce blockchain elements to enhance understanding step by step so that they can own valuable assets in the game. In turn become NFT and crypto holders.

The advantage of PlayDapp is the freedom to move assets between games, and PLA that can serve as a public coin to make it easier and more convenient for users to trade freely. 

In the process of gameplay, PLA can be obtained through marketplace transactions, and the payment is freely available between games, reducing the cash payment burden for game users.

For game developers, this interoperable game environment will be meaningful as a new user acquisition channel. Developers can introduce blockchain services by simply applying the PlayDapp SDK, provide ownership of game assets that users want, and effectively bring PLA and NFT holders into the game.

The ability to transfer some of the value among multiple games will remove a lot of the sunken cost burden prevalent in all traditional gaming experience.

CryptoDiffer team

Q4 by @baobao265: What are the biggest challenges you and the PlayDapp team are facing? It seems that the strategic relationship building has been done very well, as Samsung, Metamask, Facebook, Kakao … So what are the advantages they bring to PlayDapp?

Sang Chung Head od Business at PlayDapp

Our mission is to make digital assets more readily available. To this end, the most easy and intuitive approach would be to leverage apps and services the general public uses on a daily basis. 

This is also an area where great third-party relationships are of utmost importance. Through partnerships with Samsung Wallet, Kakao Clayton, and Line Link, we believe that it is a very important turning point to meet the blockchain service needs within apps already in use. 

Familiar apps from trusted partners is a real game changer to the public’s acceptance of new technology.

In that sense, we’re offering services starting with gaming experiences and tying into the marketplace functions in a seamless manner to facilitate user to user digital goods trading.

CryptoDiffer team

Q5 by @Superkaran: What happens when people lose interest in a certain game? Can a user convert or trade their item/character into another ingame-token with PLA? Can we play the next new game, and still use our PLA there?

Ryan Chown Global Media Manager at PlayDapp

This is the main value proposition of PlayDapp. Users have 100% ownership of the NFT game items. They are free to trade or use in other PlayDapp games for benefits. PLA is the common utility token that can be used in any of our games and the C2C marketplace. Losing interest in one game essentially opens a whole new raft of possible experiences.

CryptoDiffer team

Q6 by @Idee01: Decentralized gaming platforms like Cryptokitties and Light Trail Rush operates an NFTs marketplace . What are your competitive advantages that make Playdapp unique? Is there an option to convert NFTs to real cash/crypto?

Does Playdapp has the support of Korea Government? What is your go-to market strategy to get mass adoption by million of users within and outside crypto space, amidst crypto regulations, legislation, and competition?”

Sang Chung Head od Business at PlayDapp

We see that the PlayDapp offer of an Interoperable game experience and C2C market is a real competitive advantage. Moving game assets between users of multiple games, with each game offering compelling reasons to trade and own is a significant benefactor to everyone. 

Couple this with a growing portfolio of games and partners the marketplace becomes a growing force for players and traders alike.

Existing global companies like Samsung/Kakao are already providing blockchain services like Samsung digital wallet and Klip. 

These partnerships with Samsung & Kakao will be our vehicle to gain access to a mass audience.

CryptoDiffer team

Q7 by @Dreamy_genius: “You are planning to launch the C2C Marketplace. What will be the advantage over competitors such as Opensea?

Does the PlayDapp SDK have a function to change the transfer fee for the creator of the asset? Can the commission constantly change or remain unchanged?”

Ryan Chown Global Media Manager at PlayDapp

With the PlayDapp MarketPLAce we see that the interoperable nature of our NFTs will be the biggest advantage over traditional NFT markets. Rather than one purchase for one NFT for one game, the MarketPLAce gives you access to a world of gaming potential. And one that grows. Each game or experience on the MarketPLAce is another value added to the user, and each NFT owner is a potential user of that game.

We also see that developers will see benefits to this system by lowering User Acquisition costs as well as profit sharing from supporting NFTs from other developers. 

An interoperable game portfolio -> gamers benefit across multiple games with the same NFT. Devs benefit with share of traffic to lower UA costs and share of profit for supporting NFT from other devs.

As for Developer control on commission. Absolutely, the PlayDapp SDK allows for developers to have control and flexibility with their asset and its commission.

CryptoDiffer team

Q8 by @jo5015: The games that Playdapp is currently developing are games that aren’t really attractive(first critic), second the niche for the games isn’t that great(second critic). The trending topic from the past years has been gacha games, a game called Arknights made 140m$ in revenue in 7 months, Fate/Grand order generates over 500m$ annually which means that this market is pretty wide and open to huge profits and adoption to playdapp. So my question, Do you plan to expand to other niches and attract more users from the niches i mentioned earlier? I’m sure it would increase the adoption and profitability of PlayDapp.

Sang Chung Head od Business at PlayDapp

The DozerFriends series is a Proof of concept. Although they did well on ETH and the market is growing, it is still small compared to traditional markets. 

Now that we have the backend tech and the NFT marketplace ready, we are focusing on reaching out to the traditional mobile market and its users. 

PlayDapp’s Two most recent titles; Along with the Gods and Soul Seeker have launched and feature on the Samsung Galaxy store globally.

The non-crypto audience is the main target and through gameplay they will be gradually introduced to NFTs. These NFTs can be utilized among our portfolio and can also be bought and sold on our marketplace. 

This is the new value proposition to gamers. 

In summary, capturing the much higher revenue potential in the traditional market and converting interested gamers into crypto audience is the current stage of our business and one that we expect will show growth as blockchain gaming becomes ever more solidified as a part of mainstream gaming.

CryptoDiffer team

Q9 by @kun4321: For each project, community factors contribute to the project’s victory. So, what strategies does  PlayDapp  have for community development and long-term user retention?

Ryan Chown Global Media Manager at PlayDapp

We recognize the massive impact that communities have. With PlayDapp we want to give the community agency, as with the project in its early stages now is the perfect time to help shape a valuable gaming future. By adopting three core ideals we hope to give the community a real sense of ownership with this project. 

These three ideals are:

Validity- the community is recognized as a source of knowledge and respect. 

Ownership – Improvements, suggestions are given valid thought. 

Respect – when decisions are made, it’s done with openness and transparency and explained.

CryptoDiffer team

Q10 by @Arekadam: Existing blockchain games were often blocked from membership registration.  However, ordinary people who are not familiar with blockchain and cryptocurrency What are your plans to educate them about blockchain and your project?

Sang Chung Head od Business at PlayDapp

In the case of our games, we provide free and immediate access to the game content without any subscription or hurdles. 

You can enjoy the game first, obtain valuable items, create a Wallet based on the user’s judgment, and bind to the game. Our approach is frequently used in the traditional game market.

However previous blockchain games have not broken the hurdles nearly as succinctly. Our emphasis on handholding and guiding at the appropriate moment is the difference. 

Players play and experience then once invested are presented the tools to make that play permanent with simple solutions to the perceived blockchain complexity.

We’re also partnering with Samsung Wallet, Kakao Klaytn and other global messaging service providers to give access to a blockchain experience through Apps that users are already familiar with.

CryptoDiffer team

Ok, thanks for such detailed and interesting answers!

Let’s move to the Telegram community questions part.

Cryptodiffer Community

Q. The world is ready for a quality leap in dapps technology, will it be a turning point or should we not expect quality growth in the coming years? Will you fully support all blockchains with dapps?

Q. What is the role of NFT in blockchain game items and transactional services?

Ryan Chown Global Media Manager at PlayDapp

We expect that Dapps will have enormous impact on the world. Especially in forward looking areas like gaming. This can certainly be a turning point. We see ourselves chain agnostic and with decent middleware like bifrost this is a real time to welcome all. 

Blockchain in games helps to make a real move toward ownership, control and rewards. For the long term, across generations, genres and experiences.

Cryptodiffer Community

With the NFT C2C exchange product, what contribution has it made to the development of the game industry? And why do you have this idea?

Sang Chung Head od Business at PlayDapp

Game item trading has always been a large part of any gaming experience. World of Warcraft gold markets for example. 

There has always been a need to these markets due to the fact not all people have the same time and can send the same efforts in games. People with a lot of time can grind for surplus of goods, people with not so much time will be willing to pay for these efforts.

As mentioned before, the whole game industry is a 160 Bil USD business and the digital goods market is 1/4 in volume. 

These external economic incentives have also been know to extend game life span and SONY announced with their station exchange service for Everquest.

Cryptodiffer Community

As you said PlayDapp project is focused on  DECENTRALIZED gaming platform. 

SO HERE ,

Why gaming industry need blockchain? What are the main advantage of using Blockchain technology in gaming platform ?

What advanced activities PlayDapp  want to create?

Sang Chung Head od Business at PlayDapp

Traditional central server based systems do not give ownership to the gamer.

Example, you pay for the right to open a ramdom box within a game but the result is still imbeded in the game. The should be owner has no control of the said game item.

We feel this is unjust and should be changed. When a gamer pays for a game item, they should be able to have it in their wallet per blockchain.

They should also be able to sell or buy secondary good as they see fit.

For example, you buy a PS4 blueray game. you can lend or sell to your friends many time but the developer and SONY receives nothing from these secondary transactions.

We give back additional benefits to the gamer and also the developer.

Cryptodiffer Community

Is the PlayDapp Platform only used for gaming, or are there other industries you believe will adopt your tools?

Ryan Chown Global Media Manager at PlayDapp

While we focus on games, as it is our team’s passion we recognize that the systems we are building are applicable to other industries. Ticketing systems can benefit, as can more behind the scenes, such as game balance and inter game working. As well as user behavior, in the products they love. The movie industry and it’s extended universes is a logical jump.

Cryptodiffer Community

You guys expressed ambition to become a Dozer Friends with the Key Blockchain game in 2020. I want to play it, but I can’t play it in Korea. 

I wonder why. 

If so, I would appreciate it if you let me know the status of playdapp in overseas.

Sang Chung Head od Business at PlayDapp

Thanks for your interest!

Currently our games are feature on the Samsung digital wallet for Galaxy S10 and above flagship models.

The reason we’re not more readily available is the fact that in order to operate PC games in Korea, we need a prior age rating from the Game age rating board.

Good news is the Korean Gov. has announced it will provide legal guideline for crypto business so we hope this will be resolved in order for us to operate in the market we understand best.

So far our PC version is provided outside of Korea to 188 countries.

Cryptodiffer Community

As PlayDAPP is for  gaming platform many games must be running on this platform so I just want to know which type of games can be created like running , shooting, fighting , train , pub g etc.

so

what types of requirement we need for PLAY games  on playDapp service platform and become crypto gaming user??

Ryan Chown Global Media Manager at PlayDapp

We see that the type of game is very flexible. Currently, our live games cover both casual mobile style experiences, and more hardcore mobile RPGs. All are accessible to many users. We’d love to expand out and part of our SDK offer is to take those games already being enjoyed and allow player value to be derived, via Blockchain Upcycling.

Cryptodiffer Community

There are a lot of large partners, and I wonder what those partners actually do with playdapp. For example, in the case of Line, I want to know whether it goes up to the Line game to play or simply enters into the playdapp platform. I would like to know, that what’s the main role & benefits of these partnerships to PlayDapp?

Ryan Chown Global Media Manager at PlayDapp

Partners such as Samsung offer great access to users across the globe. And not only that but they help to bring in valuable experience, as well as access. Our attendance at SDC in 2019 was a great example of a partner working with us. Of course they benefit too, with us being agile and open to new ways to work. 

You could think of them as giving us a piggy back, to more users while we give them additional leg work.

Cryptodiffer Team

Thanks for your time @lesangboy @chownryan 👍🏻

Sang Chung Head od Business at PlayDapp

Our pleasure!

Ryan Chown Global Media Manager at PlayDapp

No problem, some really good questions, of course you can join our official telegrams to be kept in the loop https://t.me/addstickers/CryptoDozer

Cryptodiffer Team

It was a pleasure to conduct an AMA with PlayDapp!!!🔥

Let’s finish the AMA

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