AMA with Dinosaur Eggs
Introduction segment
auria:
Q1. Can you start us off with what is DSG metaverse about and how it is a different from other metaverse models?
Dark Moon:
The answer to this question is related to our understanding of the metaverse. Our answer is: the metaverse has such elements as digital identity, social map, digital civilization, economic system (in addition to economic model and exchange scenario), content and asset digitization.
DSG swap is chosen as the starting product, which has been explained on many different occasions: it is responsible for the distribution of FT(not just DSG) and NFT and provides places for display and trading.
Our second product, Metatime, will be the highlight, and social networking is the soul of the metaverse. Metatime provides more than just a social platform. It is using design and models to try to provide some interesting solutions. So far, I am sorry that I can only say this much.
Gamefi platform: provide our users with really interesting online games, so that players and game developers can get what they want.
auria:
Q2. Can you tell us about Pterosaur farm and NEST ?
Dark Moon:
They both are places to earn using $DSG, you deposit your assets and EARN(some up to 800%!).
The difference is that:
In Pterosaur Farm, you should deposit LPs, and earn DSG or Fragments(which can be used in the DSGmetaverse).
And in the NEST, you deposit DSG and earn other tokens.
So if you are familiar with Pancakeswap, Pterosaur Farm in DSG is like Farm in pancake, and NEST is like Syrup pools in pancake. The only difference between NEST and pool is that, we don't have a NEST can “stake DSG to earn DSG”, because we do not think this benefits the SWAP.
However, we have a more reasonable vDSG design, which makes the long-term optimistic DSG user responsibility and relatively single.
check our Pterosaur Farm https://dsgmetaverse.com/#/farms
check our Nest https://dsgmetaverse.com/#/nest
auria:
Q3. What is the benefit of holding $DSG and how will it be acquired ?
Dark Moon:
With $DSG, you can join the Pterosaur farms(Pool 2) and Nest, to get juicy APYs
and $DSG is the token widely used in the DSGmetaverse, which means it will be used in our social products and gamefi products.
Also, you can mint vDSG(100 DSG = 1 vDSG)，vDSG can get much of the revenue of the DSGswap, including :
*Transaction fee: 0.025% of the user's transaction amount is attributed to vDSG
*Block Output: 4 DSG per block, attributable to vDSG
*DSG transfer fee: 0.02% of the DSG transfer amount goes to vDSG
*Money-hungry Dino slot and upgrade fees: MHD slot and upgrade fees are all attributed to vDSG
*NFT transaction fee: 5% of the NFT market transaction amount is attributed to vDSG
*Meat usage fees: All meat usage fees belong to vDSG
*VDSG exit fee: 50% of the vDSG exit fee is attributed to other vDSG holders
*Invitation bonus: Inviting users will get 10% of vDSG from friends minting (this part of vDSG can participate in reward distribution, but is not withdrawable, and will disappear after any "redeem" operation )
To get $DSG, there are 3 ways: LP farming, Trade mining and vDSG system(membership).
We just reduce our block output from 44 to 10 a couple of hours ago! Now the emission is:
- Liquidity mining reward: 2.5
- Trade mining reward: 3
- vDSG reward: 4
- Operation fund: 0.5
auria:
Q4.Can you tell us what is DSG metaverse planning to achieve in the later part of this year?
Dark Moon:
Haha actually there's only 44 days of this year, how time flies!
I guess you want to know about our roadmap. Now our major task is to bring our social product -- Metatime as faster as we can
The official website of Metatime will be displayed around December. The official website is to open the DAPP page. We like it very much. What exactly are we describing through UI design and to show users? In addition, the official website contains information about token economics, token distribution, etc.
Twitter segment
auria:
Q.1) Currently most investors only care about DC profits at the moment but ignore the long-term benefits. So can you give them some advice why they should buy and hold this token/coin in the long term??
Twitter question from @Aysha47334044
Dark Moon:
The crypto market is a developing market that needs to go further to be mature. New things here always bring new investment opportunities.
However, when a concept is hot at a certain stage, it may be filled with a large number of homogeneous projects that lack practical competitiveness (the ability of technology and innovation in all dimensions).
We can't give suggestions on whether to hold them for a long time or short-term speculation, which depends on the object and your goal.
auria:
Q.2) Could you introduce briefly about Dinosaur eggs' tokenomics? And tell us more about Total supply and Starting price per token? How many tokens will be minted in future and how many tokens will be locked by the team/Investors?
Twitter question from @tuan_iker
Dark Moon:
Of course!
$DSG is a totally fair launch, which means there is no team or VC shares at the beginning(we are now approaching some of the top global institutions though), all the $DSG are distributed by LP farms, trading mining pool and vDSG.
The current DSG in circulation is 53M，and there is NO hard cap for the supply of DSG tokens, after the reduction of block emission, block emission is 10 DSG per block, and the specific distribution is as follows:
Project operation fund: 0.5
Liquidity mining reward: 2.5
Trade mining reward: 3
vDSG reward: 4
There is no hard cap for the supply of DSG tokens, which will give the project a more sufficient budget, and also continue to expand the ecosystem with greater value. However, without hard cap ≠ token inflation has always been maintained.
We have designed many DSG burned scenarios, including:
~DSG has a transaction fee, and 0.03% of DSG will be directly burned for each transaction.
~0.05% of SWAP trading volume, we will use it to repurchase DSG and burn it.
~30% of the membership exit fee will also be burned directly. As we mentioned above, the members themselves have received a large amount of income from the protocol and additional issuance of DSG. Therefore, 30% of the membership exit fee, which is equivalent to that some of the block emissions allocated to members will be directly burned. On the other hand, much of the income of the agreement will be exchanged into DSG and burned.
With the growth of Dinosaur eggs ecosystem and business, users’ demand for DSG exceeds supply, and DSG is widely used which make DSG enter a deflationary state.
You can check the circulation and burned stats on our website
auria:
Q.3) Do we have to buy your DinosaurEgg tokens in order to play the game? If so, how many $tokens should I purchase in order to play? Is there an app to play or is it only available through your DinosaurEgg website?
Twitter question from @Selva08519571
Dark Moon:
Our GameFi platform is scheduled to go live in December and will have dapps available by then, which can be logged in through our official website. There will be P2E system, and no other details about the gamefi platform have been identified that can be disclosed at this time.
Our current usable product is DSGswap, a decentralized exchange where you can trade fungible tokens and non-fungible tokens. We made changes to solve the common problems in the economic model of Swap products in the market, and well-integrated trade mining, NFT and membership gameplay. In our token economic model, we focus a lot on the relative rights and obligations: only those who contribute to the main business of the DEX will be incentivized by the protocol, and the more they contribute, the more they will be incentivized. And in just 11 days of launch, our trading volume has already approached CAKE and is in second place on BSC, which can also reflect the attractiveness of DEX to users.
Apart from DEX and GameFi platform, our main focus right now is on the social product we talked about earlier, it's a revolutionary social product and we're working hard to launch it as soon as possible! I can assure you that the gameplay of this social product is also unprecedented!
auria:
Q.4) Could you tell me a little bit about DinosaurEgg? Is there an initial investment required for players to participate in these games? what kind of game is it? Please explain what you mean.
Twitter question from @Shanthi87800845
Q.5) Currently, most projects and platforms are in English. How will non-English local communities? Do you have any plan for them to better understand your project?
Twitter question from
@Tawsif_H6
Dark Moon:
The languages used by our users are mainly English and Chinese, so we mainly support Chinese and English at the moment.
At the same time, we are also concerned that a significant portion of our users are from Indonesia, Turkey, Vietnam, and Korea, and we are considering related solutions.
Live segment
1)Topind:
I believe NFT will be one of the protagonists in the world of Dinosaur Eggs, so I want to know if a trading market will be available for everyone to make free bids and exchanges for NFTs?
Dark Moon:
Of course! We believe that whether it’s a gamefi product or a social product, NFT trading should rely on the platform itself, not on other NFT exchanges, which is why our first product was DEX
Here is our NFT market link: https://dsgmetaverse.com/#/nft
2)Steven:
Many investors are deceived by investing. How is the security of investors in your project? Have you won the trust of investors? Do they think it's safe to invest in your project?
Dark Moon:
We are very concerned about security and our product has been audited by Certik before the product launch. You can view the audit report here:
https://www.certik.org/projects/dinosaureggs
In addition, we are making a bugbounty with Immunefi, and an audit by Peckshield is ongoing too!
We also welcome scientists to help us conduct peer review. We have prepared some DSG from the operation fund to ensure security. See our article for details:
https://medium.com/ @dinosaureggs/the-first-contributor-support-program-of-dinosaur-community-1f3b134722c9
3)🌹🌹মন পিঞ্জিরা🌹🌹:
please sir
🌿🌿🌿
How important is the community to Your project? And How can we collaborate or help share token for the development of the project?
Dark Moon:
As a web3 DEX project, dsgswap is very beginner friendly and we use a simple AMM mechanism for FT token swapping, the experience is exactly the same as Uniswap and PancakeSwap.
In terms of NFT trading market, our experience is also very smooth and any user with basic crypto knowledge can use our product very well.
In addition to this, we have very detailed product documentation which can be viewed here: https://dinosaur-eggs.gitbook.io/dinosaur-eggs-1/
4)Queen:
Do you have any bounty activities you have started already??? Would the block emissions allocated to members be burned also!???
Dark Moon:
Yes! our bug bounty activity with immunefi is ongoing! You can check here https://immunefi.com/bounty/dinosaureggs/
For the block emissions allocated to members, When a user quits vDSG, about 40% of the redemption fee is currently charged, half of which will be destroyed directly
5)🌹🌹মন পিঞ্জিরা🌹🌹:
Hello Sir my Q..🌷🌷
1) Telegram Group
2) YouTube channel
3) Tiktok Channel
4.) Website
5) twitter
For this project? From Where we can learn Something? Please Share with us link.?
Dark Moon:
🔗 DSG Social Media Links 🔗
Our Website: https://dsgmetaverse.com/#/
Our Twitter: https://twitter.com/dsgmetaverse
Our Telegram: https://t.me/dinosaureggs
Our Medium: https://medium.com/@dinosaureggs
For business & partnership: contact@dsgmetaverse.com
You can find our native token $DSG on:
CoinMarketCap: https://coinmarketcap.com/currencies/dinosaureggs/
Coingecko: https://www.coingecko.com/en/coins/dinosaur-eggs-token
and trade on :
Mexc: https://www.mexc.com/exchange/DSG_USDT
Our own DEX : https://dsgmetaverse.com/#/swap
Finally, a reminder that our social product Metatime is recently distributing NFT avatars, which are available directly to users who meet certain criteria (worth over $1000), we just send 100 out today(https://twitter.com/dsgmetaverse/status/1461341836136435712 )
Next round is coming soon! Please stay tuned👀👀