Decentralized Club Ama with Shibavax.

Decentralized Club
5 min readFeb 6, 2023

On the 6|02|2023 Decentralized Club had the honor of hosting Ammar from Arcane for an Ask-Me-Anything session on their Telegram page with a community of over 60,000 people. It was hosted by Auria

The session was divided into three segments. Introductions were made in Segment 1, questions from the Twitter community were answered in Segment 2, and live questions from the community members in attendance were answered in Segment 3.

If you missed this event and would like to know what Shibavax is all about, you can find a recap of the interview here. Information here should be researched and should not be taken as investment or financial advice. Also note that slight edits have been made for clarity, and links in this recap lead to images, documents, or other media.

Auria

Hello

I’m Auria, your host for this AMA session.

For today’s AMA session, we have invited the Louis from Shibavax to help us learn more about this awesome project.

Let us all give a warm virtual welcome to our guest , @louisb2p 👏

Louis

Hey!

Auria

It’s pleasure to have you here with us.

Before we dive into the project, we will love to know about your role and day to day work experience in project

Louis

I’m Shibavax co-founder, we launched Shibx 1,5 years ago

Auria:

as you already know, this AMA will have 3 segments.
Intro segment
Twitter segment
And in the last (3rd) live segment , I will unmute the chat to allow questions from our dear Community!

louis

It’s a meme project so I’m not full time on it but we never stopped to build with our community

Auria

So let’s start our AMA with basic introduction segment.

SEGMENT 1

Auria

Here’s the first one for you

Q1. Can you tell us about Shibavax and what new concept it brings in blockchain based gaming?

Louis

Shibavax is a meme token, it’s not a p2e but we are launching soon the first treasure hunt of the Avalanche network with a prize of 1 Bitcoin

https://twitter.com/shibavax/status/1621525720072847360?s=52&t=QQzF8XwhPwioJAuu9aXH8g

Done

Auria

Next question….

Q2. Can you elaborate on the upcoming biggest treasure hunt on Avalanche network?

Louis

It will be an enigma game with 20/30 lvl where the first player who will resolve everything finds the private key of a wallet holding 1 BTC

Done

Auria

Alright

Q3. What is the utility of the native token $SHIBX and how to acquire it?

Louis

You will have to hold $SHIBX to be able to play the game, you will have to sign a message proving you hold a certain amount in tour wallet.

The best place to acquire it is the dex app.baguette.exchange it’s where the liquidites are higher

DonE

Auria

Q4. Can you let us know about any of your partnerships and investors ?

Louis

We were on of the first meme token on the Avalanche network so a lot of people of the ecosystem hold Shibx for a long time, we don’t have any partnership, we want to stay free and driven by our community

Done

Auria

Nice

Moving on to our last question of this segment

Q5.Can you tell us what are the next major objectives in 2023?

Louis

To make the game a success and onboard new holders. Our goal is to have a Game each month with a bigger prize each time

Done

Auria

That’s wraps up the first part of the Ama session . Thanks Louis for your Answers!

Louis

You are welcome !

Auria

Let’s now proceed to the twitter segment

SEGMENT 2

Auria

Q.2 How Shibavax tokenomics is attractive then other Gaming projects? Is there any benefit or incentive to hodl Shibavax token in addition to value appreciation?

Louis

Off topic too unfortunatly, we are not a p2e so the tokenomics are not build for the Game, its a meme project first.

But you will have to hold SHIBX to play so if the game is a success, the buy pressure will be huge on SHIBX

Auria

Q.3 May I know the Utility of the $SHIBX token in the ecosystem and what’s the minimum amount that users can buy and what methods you will implement to motivate users to use $SHIBX token Constantly ?

Louis

As said before we are mostly a meme token and we do not give false promises on the usefulness of the token as some, we prefer to remain honest. But you will need a minimum amount of SHIBX to play the game, probably between 500K and 1M SHIBX.

Auria

Q.4 How do Sibavax team plan to provide a good Security for its users? Will you be able to gain the trust from the audience and let them safely invest, deposit and trade in Shibavax?

Louis

You can trade SHIBX on app.baguette.exchange and this AMM is perfectly safe!

You can trade it also on Pangolin or TraderJoe but the liquidity is higher on Baguette

Auria

Q.5
What is your major strength that would make you superior over during these days? In what all ways you generate revenue to sustain the project?

Louis

Our strengh is our community and the facts we have 6200 holders and 1,5 years old and still here.

The game will make the holders and price of SHIBX grow so it will generate revenues

Auria

Impressive

Thank you for answer all the Twitter question. That’s so informative for our community

SEGMENT 3

Q.1 I understand that Shibavax charges 10% for each transaction, where does this 10% go? How is it distributed and what is it used for?

Louis

It is distributed between all the holders! To earn SHIBX, you just have to hold it and you will earn it each time there is a transaction

Q.2 Do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?

Louis

The 5th biggest holder is the burned address so each time there is a transaction SHIBX are burned. Right now, more than 2,6% of the supply are burned forever

--

--

Decentralized Club

🎉Welcome 🎉 We are a community who eats, sleeps and drinks crypto 😉 Contact👇@cryptoTALK01 @UniqueBoyDK for AMA and project promotions♻️ decentralizedclub.net