Decentralized Club Ama with Shibavax.
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