mirror world & OKX Blockdream Ventures AMA Recap

1st Segment: Question from Host  

Q1: Before we start with AMA — Can you please give a brief introduction about yourself and mirror world？ 

Justin: My name is Justin and I am the head of ops at Mirror World. I'll start with a short intro to the project. Mirror World is a content matrix with AI powered virtual life forms in each one of its games. All virtual lives are interoperable across all games, which ensures that holders will have the freedom to enter each one of the GameFi.  After publishing 3 different types of games, Mirror World will open its standard economic framework for more content producers to connect to our game ecosystem. Mirror World will be an AI-powered virtual carnival that yields crypto returns of the people, by the people, for the people. Invested by Galaxy Interactive, Republic Crypto, and Alameda Research and more, Mirror World will be the first GameFi project to connect multiple games.  Build the "Nintendo" of Web 3, powered by AI, powered by Crypto.  

Q2：You just mentioned multiple game matrix, could you tell us about the types of games that Mirror World has now? 

Justin：Sure! In the existing game world design, there are ARPG (Mirrama) that combine Roguelike gameplay, PVP-based battle arena game (Brawl of Mirrors), and more games to come in the second half of 2022. Among them, we have already released the ARPG and PvP battle game in the community live video, and completed the Alpha test. It is worth mentioning that we will open another playtest for community members next month.  

Q3：Looking forward to the release of Mirror World this year, I believe that everyone is also very concerned about the way to enter the game matrix, and in what way are you going to let more members join Mirror World after the generation of assets has completed the public mint? 

Justin: As long as a member holds an NFT, they have access to any of the games in our matrix. But I would like to say that holding more assets means more returns lol :)  The public launch of our generation of assets has ended, but we have planned to launch more assets in the last two months to support members' accession.   

Q4：Mirror NFT is an interactive dialogue NFT, so can Mirror grow up like a human and even change its personality? 

Chris：Each mirror can grow a little differently based on its interactions with its holder. Their souls will grow as you interact and level them up, with the levels and model logged on-chain.   

Q5：For the GameFi project, there will be high gas fees due to the high demand for transactions. How does Mirror World solve these problems? 

Justin: As an assets-interoperable game matrix, For a better user experience, we are eager to address these issues, helping partners reduce transaction costs and attract more people to the Mirror World Matrix while ensuring data security. We did a lot of research and discussion, comparing various existing Ethereum solutions, and finally choose Solana as our new home. Although being a young public chain, Solana has low commission fee and efficient execution speed. We believe that Solana can bring out better user and game experience. For long-term development, Solana is currently the best choice for us.   

Q6：The design of the game's economic system and how to maintain sustainability has always been the most important concern of every project. How do you plan to solve it in Mirror World? 

Justin：Adhering to the "Gameplay over GameFi" principle, Mirror World is working with Republic Crypto's Tokenomic team on Tokenomics and DAO's design with high gameplay value. These designs will bring players a better gaming experience and more sustainable economic benefits. It will also be a more open framed economic system which incentivizes and supports more game studios to join Mirror World. Under the shared token system, Mirror World will be open, autonomous, self-sustained and asset-interchangeable.  

Q7：What are some of the ways Mirror World will be giving back to your early supporters before the game goes online? 

Justin: We have set up a number of mechanisms in the Discord community to reward members for their contributions to the project, including a bonus mechanism for whitelist members and a community ranking medal design. We have also set up Mirror Shards in Discord that members can earn daily, and will be mapped to Mirror World tokens in the future. At the same time, we will actively hold various events on Twitter and Discord and set up rewards for active participation and outstanding performance of members. Trust and unity of purpose have brought us together with our members, and we will accelerate the process of designing DAO to give more rights to our community members.  

2nd Segment: QUESTIONS FROM GROUP  

Q1: What is the background of your project, team, do you think the team's qualifications, and experience, are able to support the long-term development of the project? 

Justin: Our project is incubated by rct AI, most of the team members are also from rct, the rest of the members come from famous companies all over the world, for example, our CEO is from ByteDance, I am from NetEase Games. and now Mirror World is an independently operated project team. About rct AI is always committed to the development of game AI solutions, has helped CSGO and other well-known games to solve AI problems, information about Mirror World project team members can follow: https://mirrorworld.fun/people?utm_medium=header  

Q2: Do you have a whitepaper? If yes, please share it with us. Secondly, Do you have plans for pre-sale? Now where can I join it?  

Justin: We have a white paper, you can find it in our Discord, and we have plans for other stuff, and we will also tell you about it in Discord or Twitter as soon as possible. here is the link, i can share you loll：https://discord.gg/WR2ZdR89DJ  

Q3：Is your discord channel active? Please share the social media accounts of Mirror World Where we can get the Latest News? 

Justin: I must say that our community has been very active recently, we will arrange many activities in the near future, you can come to participate, the rewards are very much Hah. here is our media accounts http://linktr.ee/JoinMirrorWorld  

Q4: Almost 80% of investors have just focused on the price of the token in the short term instead of understanding the real value of the project. Can you tell us the motivations and benefits for investors to hold your token in the long term? Justin: Good question! First of all, we are a long-term development project, we will release several games in the future to build our Games Matrix, and the most important thing: no matter if you play any of our games, the assets are interoperable, liquidity of assets is the guarantee of value!  

Q5: Most people judge a project by its token price. So, what is your plan to maintain the token price? Will there be some kind of burning/buy-back program? 

Justin: In fact, we focus more on game development and cooperation with more excellent projects (such as BAYC, Doodles can be bundled with our AI-Chat function) We believe that the price of the secondary market depends more on the development of the project rather than on other financial means.  

Q6: How do you plan to increase the scarcity of Mirror NFTs? What rights do NFT owners have in the Mirror ecosystem? As NFT and GameFi are growing very rapidly, does Mirror World have some barriers to entry into this marketplace and compete with other popular NFT marketplaces? 

Justin: Our Genesis Mirror public sale ended a few weeks ago, and in the case of Gen1, holding it you can not only enjoy higher earnings within the games of Mirror World, but secondly it serves as our early holder mark, and as we grow, we will also give back to those who hold our NFT by growing in the entire Web3 ecosystem.  

Q7: Could you please provide some info about your Roadmap 

Justin: Here is our latest RoadMap, but I would like to give more details. 

1. We are young, but a professional and efficient team that will aim to build Web3's Nintendo bit for the long term. 

2. We have a lot of communication with the community (we won't disappear from the community) also we will develop our strategy based on our community's suggestions to create games that people like to play and that people can gain by playing! https://www.notion.so/mirrorworldfun/Mirror-World-Roadmap-fe5c74f53c1845e1bec24f1506f258d0  

Q8: Is there any other income apart from playing to earn games? Like rented heroes?  Justin: Simple, but very interesting question, our rental system is under development, as you can see in Roadmap, and compared to other blockchain games, we want to let more people experience the full game experience.  

Q9: Can you please tell us about your Partners? Who are your strategic partners? How important is it to have a partnership for Mirror World? 

Justin: Oh good question! We are proud to announce that Mirror World has become one of the first companies to invest in NG+NG+ (New Game Plus). NG+ is a joint venture between Galaxy, Republic Crypto and Alameda Research, focusing on Web 3 investments. Galaxy is one of the earliest and largest investors of RTFKT who was bought by Nike and released CloneX. Republic Crypto designed the tokenomics and DAO structure for Zed Run and Star Atlas and helped them launch. Alameda Research is the largest market making provider for FTX, Binance, Bybit and more exchanges, having been started by FTX's SBF. In the future, we will work with NG+ to build Mirror World's game matrix.🎮 you can also find more of our partners through this article🔗:  https://www.globenewswire.com/news-release/2022/03/11/2401945/0/en/AI-powered-GameFi-Mirror-World-Closed-4M-Seed-Funding.html