HECO AMA Series Recap — PlatoFarm

Guest: Dan Magic — the CMO of PlatoFarm

Host: Andy from HECO

Introduction — Segment I

Welcome, Dan. Could you tell us about yourself? What did you do before PlatoFarm and why did you choose to work for PlatoFarm?

Sure. Hi guys, I am Dan Magic, the CMO of PlatoFarm. I used to work as an analyst of blockchain before I join PlatoFarm. Because I am interested in GameFi and love relax game, when PlatoFarm invited me, I promised without hesitation.

Q&A — Segment II

Q1:Could you tell us more about your project? In other words, what does PlatoFarm do?

A1:Plato Farm is an NFT game which supports HRC-721 and ERC-1155 protocols. Players are tasked with growing plants and raising livestock on a small farm to earn MARK and PLATO tokens which can then be used with various NFT items to transform their barren land into a bustling city. Players can also start their own guilds and earn money while playing.

Q2: There are many similar out there, some have been quite successful. What is special about PlatoFarm compared to other projects?

A2: Compared with other competitors, Plato Farm is a multi-functional integrated App that integrates the function of Game/Metamask/OpenSea/Uniswap/DeFi, players no need to ask help for third party’s tools such as Uniswap or Dex, the functions of PlatoFarm App can satisfy all the requirements to play blockchain game. Also, we have combined the DAO governance with token and time duration, not only the token holders can participate in DAO governance, those game players can also participate in it, which ensures fairness.

Q3:Great, could you give us some info on the PLATO Token?

A3: The quantity of PLATO remains constant at 100 million tokens. It is both the game platform token and a kind of status symbol. The more PLATO players hold, the higher their level is. Players can obtain PLATO through trading in the secondary market or MARK staking. Rare NFT items and basic production materials such as land, factories, and farms must be exchanged for PLATO. For advanced levels or to unlock more game content, players need to hold a certain amount of PLATO. At the same time, fifty percent of the team’s revenue will be burned to maintain a certain degree of deflation.

Q4: What would be one’s motive to hold PLATO tokens? What can we do with $PLATO?

A4:With the PLATO token, you can participate in our DAO governance and play the game, also, there is room for the improvement of the value of PLATO token.

The usage of PLATO:

1. It’s necessary token when you play the PlatoFarm game. PLATO Token is both the game platform token and a kind of status symbol. The more PLATO players hold, the higher their level is. PLATO can purchase the rare NFT items and basic production materials such as land, factories, and farms. For advanced levels or to unlock more game content, players need to hold a certain amount of PLATO.

2. The right to voting. As I mention in above question, we have DAO governance. When you initiate a proposal, you should have certain amount PLATO tokens. When you participating voting, PLATO token also is required.

Q5: If you were to summarize your project in 1 word, what would it be? Why?

A5: thriving

Considering we have not launched the official version yet, we have already accumulated a lot of players and huge amounts of community users, we are very confident about our future. Also, we are developing our technology with patience and ambition, it’s expected to have a prosperous future.

Q6:How do you guarantee users’ asset security?

A6: We deployed NFT assets to blockchain and with smart contracts audited by well-known security auditing companies to ensure the security of user assets.

Here is the audit report: https://plato-farm.s3.ap-northeast-2.amazonaws.com/PlatoFarm-Audit-Report-092021.pdf

https://www.fairyproof.com/doc/PlatoFarm-Token-Audit-Report-120921.pdf

Q7: Awesome. Anything else you guys would like to add before we go into the live questions session?

Yes, tomorrow we will start the IDO on Tokensoft, welcome to participate in it.https://community.tokensoft.io/community

You should complete the KYC in advance, here is the KYC instruction: https://www.platofarm.game/newsDetails?id=100&tabIndex=0

About HECO

HECO Chain is a decentralized, high-efficiency, and energy-saving public chain, and the first product launched on the HECO Chain Open Platform. On the basis of supporting high-performance transactions, the compatibility of smart contracts is realized. HECO Chain’s native digital asset is HT, which uses the HPOS consensus mechanism.

· HECO Website

· HECO Twitter and Telegram Channel (For the latest news)

· HECO Telegram Community

· HECO Discord (Welcome all developers to join!)

· HECO Explorer

--

--

--

HECO — To Help Developers’ Evolvement at Every Stage

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Decentralize This! — Episode 17: Alex Wearn

Create Web3 content

A GUIDE TO BECOMING A SUBSQUID AMBASSADOR

International Blockchain — How Decentralized Technology Can Bring the World Closer Together

Blockchain and Cryptocurrencies for Beginners

Why blockchain is going to replace traditional banking?

Aleph.im-Polkadot Integration: Progress Update

Centre Token Minting Contracts Audit

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
HECO Chain

HECO Chain

HECO — To Help Developers’ Evolvement at Every Stage

More from Medium

💣 AMA RECAP WITH MYTHERIA 💣

AMA with Revellab

HECO AMA Series Recap — VEE.Finance

The Bonding of Token ToolKit