Crypto Lab X Nigma

📆: 3rd June 3pm Utc
Venue ⏩ Crypto Lab Telegram Community

Host:Good day everyone, we are happy to have Nigma Team in our Text AMA
session today. We have @nigmasloth and @nigmaprophet with us to talk more about their platform.

Please welcome our todays guest @nigmasloth and @nigmaprophet from the team of Nigma

Guest: everyone!

Host:Here I’m Starting Segment I ie Introductory Segment...

Note:- please always type done after completing your answer....

Guest:Hi guys! My name is Tony Tran. Also known as Nigma Prophet. Im one of the co-founders of Nigma project. Ive been in crypto world for over than 5 years and coming from traditional banking business and e-commerce field and me and my team are trying to bring our experience to crypto world

Host:2- Now please tell us about your project and what were the initial thoughts and motives behind NIGMA

Guest:As gamers ourselves we went through different p2e projects already

Looking at the most of the p2e projects we found out that most of them are very complicated and not very friendly for a newcomer.

Host:3- There are many projects in the world and most of them are struggling in bear market. My question is why and how NIGMA is unique and better than others?

Guest:If u randomly choose a p2e game it most likely gonna be a defi project with added gamification to it

So its more of a defi project covered with some game mechanics. For example instead adding funds to the liquid pool your are buying seeds with a pair of tokens which gonna generate you fruits which you sell for profit. So basically its just a LP covered with gardening mechanics

We tried to do something different, something that would be similar for an average player what these people are used to play before knowing whats blockchain is. We tried to reduced that crazy amount of tokenomics and difficulty and barrier to entry where there is 500-600 usd nfts you have to buy in order to start playing the game.

Host:4-Token economics is essential to a project. Could you introduce the token economics of NIGMA?

Guest:Yeah Sure , why not ...

Let me introduce you project’s tokenomics. We have 2 coins: ENGM and GIM. Both of them are bep 20 tokens. ENGM is a utility token and GIM is an in-game one. When participating in a match you can earn both of them

Total supply: 1000000000
Play-to-earn: 44%
Liquidity: 15% (locked 12 months)
Presale: 30%
CoreTeam: 4% (locked 12 months)
Marketing: 6%
Advisors: 1%

Here is the distribution

We decided to chose a dual token economy as we believe that it’s the best option. It will help us to control inflation, as you for different action you use different tokens

That’s a very brief disclosure of our tokenomics

Guest:Sure

Host:5- What is your most important next priority according to the project roadmap? Is the team equipped with sufficient funds and community to meet that goal?

Guest:In the near future we will hold a public sale on pinksale (June the 8th).

Also we will announce some major strategic partnerships shortly

Regarding the game itself, we are developing NFT marketplace and different game modes

We have completed our 1st Segment ...

Now its time for Segment II,
Live Segment
Q: CAN you explain How is Your Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the Team??Thanks Sir✅

Guest: Total supply: 1000000000
Play-to-earn: 44%
Liquidity: 15% (locked 12 months)
Presale: 30%
CoreTeam: 4% (locked 12 months)
Marketing: 6%
Advisors: 1%
As you can find from here our core team has a relatively small share compared to many other projects. And lockup period is 12 months.

Q:How can users stay updated with this project? Are there channels, including local communities where users can get the latest updates??

Guest:Sure please follow our telegram chat https://t.me/NigmaGameChat. There you can find links to other social medias and our website

Q: in these NFT games for making money, earning tokens is important. However, when there is too much, the value of your token can drop and then inflation occurs. How does #NigmaGame work to avoid in-game inflation to maintain a relatively stable economy?

Guest:We are building a dual token economy to prevent price drops and inflation. We have different burning mechanisms which will also help. By the way we have an NFT burning mechanics. You can find out more about it in our WP in Life Cycles section

Q:Many games released and releasing everyday. But Other NFT games are currently having difficulties managing the number of NFTs that are inflated in the market, causing their value to be influenced and damaged. So, what is #NigmaGame plan to deal with NFT inflation?

Guest:Our main advantage is that the amount of NFT characters is limited. Also as I mentioned before there is a life cycles mechanism. After a user uses a few life cycles the NFT will be burnt and the user will get a compensation for it.

Host:Great 👍👍

Segment II Completed...

Now its time for the Last Segment III , Twitter Segment ..

Host..1:-NFT games are trending, especially those with Play for Money mechanics, which is clearly the new trend these days. Your game has some really cool features. Can you explain in more detail about Play-to-Earn mechanism & how users can generate passive income from this model?

Guest:At the launch users will be able to play 5vs5 deathmatch. More game modes will be introduced in the future. So actually you don’t have to invest any money at start. But the token rewards will be really small. So we suggest buying an NFT character to increase your earnings.

Every player will get rewards in both tokens

Host:Regulation is very essential. Many projects were closed in many countries due to failure to get proper license and permit to operate. In order to go mainstream how does your team deal with these issues? Are you a regulatory compliant project?

Guest:First of all we have already been audited by spy wolf and obtained a KYC certificate. Also we are working on getting new licenses. They will be announced as soon as we get ones.

Host:The attractiveness and interest of a game’s core gameplay determines its long-term viability in terms of keeping players coming back. How does "NIGMA" ensure that its gameplay will appeal to both traditional and Blockchain gamers in the long run?

Guest:To start with we pay a lot attention on the game itself. At the launch players can join deathmatch mode only. But we will introduce many more game modes shortly. Also we will hold different tournaments where players can win based on their skills. Also we will introduce customization to characters and weapons.

Host:Thats All from Our Todays AMA Session ,,
It was a very Nice experience talking with you about the Nigma Project 😍😍👍

Guest:In conclusion I would like to thank you for having us here today. I hope you have a better understanding of the project now. You can alway join our social media to find any information. And pleas don’t forget that everyone can try out our game today absolutely free. Just visit our website.