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NFT Star X GamestarExchange AMA Recap on August 24th



Part 1 β€” introduction and questions from the Twitter retweet

Car Marz | NFT Star:

Good day everyone! Welcome to our AMA session!

Today we will have an AMA with the amazing project Gamestar πŸ”₯πŸ”₯πŸ™ŒπŸ™Œ

Are our guest here...

Josh | GameStar Exchange:

Sure, I've worked in crypto for over 3 years, mostly as a director at Paxful, the world's largest p2p Bitcoin trading platform

Gamestar is a decentralized p2p trading platform

Focused on giftcards, gaming items and Nfts

We have a next level trading format with self-custody and a fair judgement process

We also are fostering a gaming community that is partnering with some of the largest games and gaming platforms to promote and trade items/nfts

thanks

Car Marz | NFT Star:

Thank you @Jvizer

@GameStarJustin do you want to tell us a bit about yourself πŸ˜ƒπŸ™

Josh | GameStar Exchange:

Sure, I'm the chief digital officer here at GameStar Exchange. I'm a gaming and NFT enthusiast with a marketing background. It's a perfect time for our platform to exist and I'm here to make sure we hit our goals.

Car Marz | NFT Star:

Thank you πŸ‘πŸ‘ Great to get to know better our guest and this amazing project πŸ™ŒπŸ™Œ

Now : 10 $GMS/5 users – Let's go to the Twitter Questions! We have 5 twitter questions for you, are you ready?

Let's get it on.... πŸ”₯πŸ”₯πŸ”₯πŸ”₯

Car Marz | NFT Star:

Q1.How do you think of the recent NFT market explosion? such as cryptopunks,Will there be a big bubble?@lonelyfatsheep

Josh | GameStar Exchange:

There may be some price ups and downs in the NFT market, it's possibly a bubble, but it is clear that a new type of art has emerged that holds significant value. In our case, gaming NFT will be used to play games, so will be even more valuable.

Justin | GameStar Exchange:

We at GameStar Exchange understand the power of NFTs and we plan to be there, offering utility for users around the world. We look forward to seeing listings of all sorts of NFTs, from gaming to art collectibles.

Car Marz | NFT Star:

πŸ™πŸ™ thank you for this insight.

Q2.A good project always has competition and duplication of ideas. What is the long-term vision of GameStar in the blockchain market to keep up with the trends with technology, community and related issues?@BENSTOCK26

Josh | GameStar Exchange:

We plan to continue to focus on the needs of our community. In particular, on the day to day nees to conduct e-commerce transactions whether through gift cards or gaming. No matter if the market is up or down, these needs persist and we will continue to focus on them. As the technology around those needs changes, we will adapt as well.

Justin | GameStar Exchange:

Our P2P exchange platform is currently being finalized. Samples of our UI can be seen here https://t.me/GameStarCrypto/32. GameStar Exchange plans to deliver a platform that supports a wide variety of use cases and services, meeting the desires of users across the globe digital asset spectrum.

Car Marz | NFT Star:

Thanks a lot, massive stuff you are doing there at Gamestar πŸ’₯πŸ’₯

Q3.Can you tell us about the economic model of your governance token GMS? What role does GMS play in project development?@Ulrica54492291

Josh | GameStar Exchange:

GMS is a utility token used to reduce transaction fees, as collateral for transactions, as a reward in our Taurus arbitration protocol and for liquidity mining. It will also be bought back and burned in exchange for Bitcoin transaction fees that are generated on the platform.

Justin | GameStar Exchange:

The full details of our token economics can be found in our whitepaper https://www.gamestar.exchange/Gamestarwhitepaper(en).pdf. Be sure to join our Telegram group https://t.me/GamestarExchange to keep up to date with GMS.

Car Marz | NFT Star:

Thank you guys, for this valuable information.. Very interesting the economic design around GMS.. πŸ’₯πŸ’₯πŸŒͺπŸŒͺ

Q4.I saw on your whitepaper that GameStar rewards their loyal users but on the other hand they discourages fraud, can you tell us if there's a reputation system in order to achieve this? What are the main security measures to prevent fraud?@DngGiaPhong2

Josh | GameStar Exchange:

GMS token will be used to discourage fraud because people that commit fraud will lose their tokens that they place in collateral. Additionally, judges that correctly judge disputes will be rewarded with GMS.

Justin | GameStar Exchange:

Additionally, being a decentralized P2P digital asset exchange where users can list NFTs, game items and gift cards in and of itself is unique in the crypto space. GameStar Exchange, with our Taurus Protocol, will ensure users of our platform can maintain ownership of their listed products. Here’s an overview https://gamestarexchange.medium.com/gamestar-exchange-taurus-protocol-overview-c9fcc5d5db81.

Car Marz | NFT Star:

Thanks a lot, great answer to a very complex question.. but very important to show the robustness of the concept, of course πŸ”₯πŸ”₯πŸ’ͺ🏽πŸ’ͺ🏽

Q5.What is your strategy for building a strong community? Do you agree that the power of the community will lead your project to develop globally? What services do you provide to the community?Let’s get it on…@Nani_C2

Josh | GameStar Exchange:

We will provide a holistic marketing, rewards and content strategy to foster a healthy community. Additionally, our GMS token will financially reward participants in teh community. We will provide a wide array of e-commerce services and partnerships with other platforms to gain first access to new games and nft opportunities.

Justin | GameStar Exchange:

Our platform will draw users from various avenues, including NFTs, gift cards and game items. Our Telegram communities are growing with multiple languages served. Be sure to join us in a Telegram group of your choice.

Car Marz | NFT Star:

Thank you for that, please feel free to drop the handles of your socials so people can join.. πŸ’ͺ🏽πŸ’ͺ🏽

Part 2 β€” live questions from the Telegram community

Q1 from telegram username @tv100029

What kind of partnerships with different projects/platforms/protocols can we expect from GameStar Exchange in the future? Could you give us some examples of how other projects can leverage GameStar Exchange?

Josh | GameStar Exchange:

We are partnered with currency.com, we will also release partnerships with large crypto game makers in the next few weeks

Q2 from telegram username @Romanrings22

hello sir

Do you have tutorial videos so we can get to know your project more clearly or do you have a YouTube channel or something? can you share it with us?

Josh | GameStar Exchange:

Not yet, we will create those before launch

Q3from telegram username @babu0033

What is about your team? Is it anonymous? what is about your team experience? Could you please share with us?

Josh | GameStar Exchange:

No, everyone is listed on the site

Q4 from telegram username @Neymar23098

Do you have any plans to add Nft's to your ecosystem as this is the hottest topic in the crypto space?

Justin | GameStar Exchange:

Sorry, you're not in the GameStar Exchange Telegram group. Consider joining to take part in the AMA giveaway.

Q5 from telegram username @Agun0077

How many killer features of Your project that makes it ahead of its competitors? Can you tell us 2-3 features?

Josh | GameStar Exchange:

self--custody of assets, taurus fair judgement protocol, p2p nft exchange

Q6 from telegram username @tarin72

Can you share about your token utility? What are the use of your token in your ecosystem? Do u have farm or stake feature?

Josh | GameStar Exchange:

Mostly for use on the exchange, see answers above

Please join our group to be eligible for prize

https://t.me/GamestarExchange


For more information and future AMAs, join our Social Media channels:


Telegram Community: https://t.me/BoosterNFT


Twitter: https://twitter.com/findNFTStar


Our partner GameStar Exchange:


Telegram Community: https://t.me/GamestarExchange


Twitter: https://twitter.com/GameStarXchange


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