On December 19th 2021, we warmly welcome Mr. Jack CEO & CMO of Fishing Town to CMC Capital to join our AMA to give the project’s core features and roadmap, as well as to address the community’s concerns regarding the project.
📅 Time: 7PM UTC+7 on Sunday, December 19th, 2021
🏡 Venue: t.me/cmccapitalVN
CMC Capital was founded in Q1, 2021, and has been important in the Vietnamese crypto market due to its strong commitment and passion for the crypto world. We have taken the first step ahead by interacting with over +10 investors and seeding over 20 blockchain startups at the time of this report.
CMC Capital’s aim and goal are to exploit DIAMOND IN THE ROAD – previously unknown prospective projects will be exploited; we vote solitude for long- and short-term investment based on democratic voice community.
Below are some main points of this AMA session:
🍀 Part 1: INTRODUCING ABOUT FISHING TOWN
1. Could you introduce yourself a little bit along with the background of the team so that CMC Capital members could understand better?
Jack: Hello all peeps in CMC community, I’m glad to provide the speech here. Jack is the owner of Fishing Town project, CEO & CMO of the project. Our CPO is Lucas Whale and CTO is Tony Orca.
This project started from 5 people, now we have 30 people in the team, breaking down by smart contract developers, game developers and marketing team. AVG took us to meet CMC, also I would like to take this chance thank you CMC for the nice collaboration & friendship
2. What is Fishing Town and how does it work?
Jack: It starts from the game Jack likes to play Stardew Valley & Harvest Moon. From this point, he sold the ideas to his closes and formed the team. We’d love to develop something multi-functions with good-looking graphics and easy chillax sound. We have come pretty far, starting from building our core team, placing the storylines for everything, i.e., marketing strategy, graphic design, game system, in-game assets: rod NFT, and fish NFT etc., then develop Fishing Town game to become real.
Fishing Town is a block-chain game located on Binance Smart Chain with the concept of pixel art and impressive sound. We designed the game to meet everyone’s satisfaction both the pleasure of gameplay and gaining the profits – we wanna be different from the market.
We have 2 outstanding features:
1) Semi-Oracle: we freeze the gachapon price for example at $250, no matter dollars go up or down players will be able to purchase our gachapon at $250 sharp.
2)Token Bridge: we systemize Token Bridge to let player deposit or withdraw Token and NFTs between Fishing Town System and Binance Smart Chain, everything will be linked smoothly.
Characters can move 8 directions, face characters to the pond, press & hold the button to throw a fishing rod, and control a fish.
3. Could you update some of the hottest news or upcoming events of Fishing Town in the near future?
Jack: For the game features, we have created new maps, new in-game items, new NFTs, merging rod, new NPC and NPC relationship, rod equipment, mineral minting, wood cutting, leaderboard, $FHTN staking, voting, housing, cooking, aquarium, and cross chain NFTs etc. We designed the game to be the long run, we would say the advantage will absolutely be with the players who stake our tokens.
Anne: Yes, thank you very much for your detailed and fruitful sharings about Fishing Town. To continue today’s AMA, as our members here would love to hear more about the project, therefore right now we’re going to start phase 2 with 5 pre-collected questions from Twitter
🍀 Part 2: PRE-COLLECTED QUESTIONS FROM TWITTER
1. Could you please describe briefly the most critical milestones that your team hopes to achieve before the end of the year or in the future? How do you envision your project in 2022 and beyond? @chouchou2hi
Jack: Right now we put the priority for the Game Launch on 25 December, we postpone for +5 days just to make the best out of it in the ankle of development and investors, we need a bit of time for graphics to go beyond our standard of graphic design, extend the time for developers to master game features, test and deploy for the best result and also, we give a bit more time to wait for the investors digest our game & our vision.
We want to deliver the best fishing game to the community.
In 2022, we plan to develop interesting features in the gameplay, for example, players can own or decorate their own houses and aquariums, breed their own fishes, cook themselves food etc. Plus, we aim to align with arrived Web3 at the end of 2022 allowing players play our game with VR headsets to experience another level of gaming: players can walk around in our maps, sell, buy NFTs by communicating with other sellers themselves.
2. What are your ambitions for worldwide expansion at FishingTown, and what are you now working on, such as expanding or listing more exchanges, or building your ecosystem, or marketing and partnerships? @vananhsokewt
Jack: We focus on finding partners and representatives from all across the world, i.e. VC, Launchpad, marketing agencies and micro/macro influencers in any race to localize our game and make it accessible as much as possible. More than countries we got ourselves well known, such as China, Japan, Thailand, Vietnam, Philippines, Indonesia, Brazil, USA, France, Belgium, Denmark, Latin America, Nigeria, Argentina, UK, Costa Rica etc, we have translate our pitching deck and white paper into Japanese, Portuguese, Thai, Chinese, Japanese, and Vietnamese.
The key is we can gain traffics as much as possible and also the representatives can be our voice to communicate with the community effectively.
3. The earning system is one of the reasons why NFT games have become so popular recently. I notice that Fishing Town has a lot of potential, therefore could you please explain to us how we may profit from it? @haanhle2184
Jack: Even though I can say it’s the pretty plain and safe – we still recommend players to DYOR. Players can earn from Fishing Town by sell the rods, fishes, equipment, craft the rods as sell to the new players, win mini game (PVE), do in-game events, do the quests, stake $FHTN, vote, get community airdrops or community events.
4. The @FishingTownbsc token holders are part of the DAO so could you explain to me how the community governance of your works or takes place? How much is the minimum your token needed to participate in the governance? @anwar45457
Jack: For the voting, if players want to be part of the decision making of Fishing Town direction, players can stake $FHTN on our website (https://www.fishingtown.io/) – we are creating the page personalized for staking and getting rewards as $FHTN. If players vote, the tokens will be locked until it’s the end of the voting duration.
The community recommendations that will be considered next are under 2 conditions:
– The players who have agreed or anti any idea must be included more than a minority of the community, i.e., if the vote takes higher than 100,000 FHTN, we will organize again.
– The majority of voices must be more than 50% of the community.
5. I have read all your web and I think your project is very good for the future or long term. Currently there are so many new projects, how can “your’ be able to compete and mention its advantages over other projects? @lker_tuan1
Jack: I’d say it’s all about our graphic design that makes us different. Pixel art is easy to approach multi-generation players starting from 20 – 40 years old. Especially Gen X and Gen Y. Game will offer the childhood feeling, the moment when you were 6 years old playing a computer game.
We put the benchmarks to be the best Fishing game on BSC and climb to remain one of the Top 5 best gamefi on BSC also. In the long run it’s not only the profit we make, but also the blockchain driven society we wanna push, the more we can drive people in, the more new ideas & technology will convert into the better ways of life.
Anne: Thank you for your detailed and easy-to-understand answers. With the above answers, I believe that everyone in the group has a better understanding as well as adding a lot of information about the project. Now we will move to the next part, the part that everyone is waiting
🍀 Part 3: LIVE QUESTIONS
1. Audit is important for both trust and security. Have you done any audit of the smart contract?
Jack: We have been officially audited by Peckshield and Certik. I can provide you with the links for the report check up. Also, InspeX is reviewing our project.
Peckshield report:
Certik report: https://www.certik.com/projects/fishing-town
2. Is your project only for elite investors, what about others with small funds, is it open to everyone?
Jack: We welcome all kind of investors: from the very first Gachapon sale on 27 November, we started the price at $150 (1,500 items) & at $250 and this upcoming sale on 23 December, we start with 3,000 FHTN, tentative for its value. It’s gonna be so high.
Also we welcome the non-investor/non-gamer to Blockchain technology. Soon we will push the content under #FishingTownAcademy aiming to deliver the knowledge about Blockchain and FIshing Tonw game.
3. Can you share some Details about Recent Major Achievements done by your project? Also, what are the Future Roadmap & Targets of your project?
Jack:
- On 27 November 2021, we sold out our 4,500 gachapons for the first session within 2 minutes. It’s the happy problem: we don’t expect to sell it all within this short time.
- Next gachapon sale session will occur on 23rd December 2021.
- We have done 7 AMAs so far with CoinxPad, BSC Gems Army, CryptoNation, WisdomBully, NFT Gmaer Japan, DAOLaunch, here with CMC, soon with CoinLAB and BSCDaily.
- Only 2-week durations, starting from 15th November 2021 – at the end of November, we built 50K organic members both domestic and international.
Future roadmaps we focus on the NPC relationships, game features, such as housing, aquarium decoration, fish breeding, and voting system. We plan to nurture the recent players and also drive the new players inside the ecosystem.
4. NFTs is hot trending now. Do you have a play to have NFTs in your platform? If so, can you tell us the plans of your project in NFTs?
Jack: Right now we have rods and fishes as our NFTs, in the future we plan to have something like axe and pickaxe as our NFTs also to align the features of house building, players need to use these items to cut wood and build their own habitats. In 2022, we plan to do the cross-chain NFTs also.
5. Do the token holders have the right to participate in the governance of the project? What kind of decisions can they vote on about the project?
Jack: Absolutely yes, $FHTN holders can vote. For the upcoming issue, we will have a community vote where we should put the donation. It should be the ocean & associations of fisheries.
Players may get trashes as they cannot successfully control for a fish. From this, they can choose whether they wanna sell for 50% rewards or donate back to the environment.
Seems we have numerous questions regarding the project that need to be addressed, but time is running out. For any remaining questions, guys feel free to conduct research using the links below:
https://t.me/fishingtownofficial
https://t.me/fishingtownannouncement
https://twitter.com/FishingTownbsc
