Tech AMA summary

Tech AMA summary


The team has organized an AMA session to answer questions from the community and provide insight into the current status and future plans of the project. This is a valuable opportunity for community members to learn more about the team's recent work and upcoming initiatives. The questions have been gathered from multiple online platforms including, Discord and Telegram.


Question: 

So, the first question will be about the current market sentiment and what we think about it. What is our perspective on the current crypto market? Do you think we have reached a bottom and what would be your prediction for the next few months?


Answer: 

The current focus should be on building a solid foundation for the project, including product protocols and user base, rather than worrying about market conditions. This will allow the project to not only survive the current bear market, but also be prepared for the next bull run and become a market leader.  We have also made some preparations for market instability and will try to avoid the mistake that we made in the past: that of focusing too much on the market.


Question: 

Is there a firm date for the official start of the mainnet? 


Answer: 

The mainnet was launched on January 31, 2023, and the final version of the blockchain is live on the Binance Smart Chain. Deployment of contracts is possible, but limited to whitelisted users. The focus now is on final checks, balancing the load between different services, and announcing projects that are ready for end users within a week. We expect these updates to be good news for the community.


Question:

How does this blockchain launch differ from the previous ones we had? Could you give a technical overview of the new maintenance features?


Answer: 

The change in L1 blockchain was made to reduce costs and increase efficiency. Switching to Binance Smart Chain reduced costs by 7x. The change in implementation also allows for easier upgrades to newer versions of Optimism, specifically the upcoming release of the "Bedrock" version. This will provide the latest functionality and optimizations for cost efficiency. The change will be implemented in the first quarter of 2023 after testing is completed.


In addition to the technical benefits, building on the Binance chain as a settlement layer also provides access to the Binance ecosystem, allowing for easy user acquisition and offering products tailored to the needs of those users. This will provide a unique and engaging experience.


Question:

How will the bridging work?

Previously, there was a focus on interconnectivity between different blockchain networks, resulting in the creation of Oracle and Bridge solutions. How will the new main application support interconnectivity with other blockchain networks beyond the tightly-coupled L1?


Answer: 

So in summary, cross-chain interoperability will continue to be a focus for your company, but instead of building the bridges, we will work with partners like Multichain & Gear bridge to get there. Our company will continue to focus on user engagement and activity generation on the rollup, and our partners will help with cross-chain interoperability. This approach has worked well in the past and will continue in the future.


Question:

Are there any plans to introduce any incentives or rewards for early adopters during the mainnet launch?


Answer: 

While there may be some targeted campaigns with incentives for specific products, the company does not plan to rely heavily on airdrops and other similar marketing strategies, as they believe it doesn't work well in the current market. The focus will be on building the user base through targeted campaigns and incentives for specific products.


Question:

When can we expect the project's products to be available?


Answer: 

We will focus on several core projects once our mainnet is publicly available. These projects have already been extensively tested on testnet and will be released in quick succession, each taking about two weeks to deploy. We also have plans for launch pads in cooperation with Binance, but this depends on market sentiment.


Question:

What will be the broader roadmap we're pursuing this year?


Answer: 

The focus for the next few months will be on the learn-to-earn game, which combines WEB3's blockchain and gamification technologies. The game will serve as a proof of concept for the platform being built, demonstrating its suitability for building games and applications. The goal is to test the platform's infrastructure, attract projects and developers, and convert a larger audience into a WEB3 audience. This vision is expected to be realized this year, with the hope of having better user metrics and economics, and converting active users into the WEB3 audience.


Question:

What are your plans for future products?


Answer:

Let’s talk about GTON Quiz in more detail. It is an edutainment application with quiz functionality that uses the GTON network to reward users. The application is already in beta and working well, with plans to integrate new features such as using ChatGPT to generate quizzes on the fly and automate quiz games. The focus of the questions could be broad and not limited to crypto and Web3.


This year will be dedicated to building a large user base through the "Learn-to-Earn" game and the rollup platform. The goal is to onboard as many users as possible and help them understand Web3 technologies. The Binance Smart Chain is a good starting point as it provides solutions for converting crypto rewards into traditional assets and there is already a large user base on the Binance Smart Chain. The company plans to start with one project and see how they can expand to other areas in the future.


Question:

Can you give us more information about the process of swapping GTON for OGXT and discuss the possibility of adding a stablecoin as collateral for the GCD token?


Answer:

A token swap from GTON to OGXT tokens is planned and will be executed as proposed on the forum. The market is currently in a depressed state, so the focus is on building a user base and creating valuable products rather than crypto-related issues. The timing and details of the token swap are uncertain and will depend on the situation. The primary focus currently is on users and products to increase the value of the infrastructure.


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