AMA RECAP : CRYPTO CHALLENGERS x BOUNTIEHUNTERVenue : CryptoChallengersDDate : 26MAR 2022Time : 12:00 PM UTC.

Guest: Team
They shared detailed information and his opinions about the project BOUNTIEHUNTER

SEGMENT 1 INTRODUCTION.

1. Could you do a brief description of your project?

Lex Na | CEO Bountie (+8 UTC),
Bountie Hunter is a GameFi ecosystem that helps gamers to make money from gaming. 💰💰💰

Started doing this in 2017 via esports tournaments before GameFi or Play-To-Earn were a thing.

Our mission is to be the de-facto platform for gamers to discover and invest in crypto gaming and metaverse projects.

2. Why should the listeners buy your tokens?

Lex Na | CEO Bountie (+8 UTC),
[In reply to Biljo Bee]
We have had the opportunities to participate in more than 200 IDOs through launchpads like BSCpad, Polkastarter, Poolz Finance etc.

The projects that are typically successful usually have a combination of these factors:
- Staking Functions Available and Available Early
- Strong Token Utilities
- A Ready Product
- Low Market Cap
- Experienced Team
- Generating Revenues
- Large Community

From all these learnings, my team and I worked really hard to engineer Bountie Hunter to have all of these factors.

Thus we are very confident that we will be a successful project as well.

Besides that, we provide you with the ability to earn without risking your capital. When you participate in our Quests, you will be earning our partner’s cryptocurrencies and NFTs. That’s ideal for these current market conditions.

3. What are your token utility?

Lex Na | CEO Bountie (+8 UTC),
There are a few of them, here are the brief details:

1. Earn Yield
You would be able to stake BOUNTIE to earn 20% APY on single-side staking and 100% APY on liquidity mining.

2. Win Allocations:
Our token holders will be able to earn via staking, farming, airdrops, esports tournaments and many more!

3. Receive Airdrops:
You’ll receive airdrops from our partners when you stake BOUNTIE.

4. Farm Tokens:
You’ll be able to farm our partners tokens when you stake BOUNTIE. Thus increasing your APY. Similar to how Unifarm works.

5. Trade NFTs:
You will be able to use BOUNTIE to buy and sell NFTs on our marketplace once it’s launched.

In a nutshell:
Our token holders will be able to earn via staking, farming, airdrops, esports tournaments and many more!

4. What is your business/revenue model?

Desmond Tan,
This is a very relevant question.

Simply put, we are assisting Web3 games with gamers acquisition and retention. Many P2E games suffer from lack of gamers adoption and gamers retention after releasing their game. We leverage on the 5 years of esports tournament experiences we have had in South East Asia to help many of such blockchain games. Thus positioning ourselves as a GameFi Accelerator.

We customised bespoke go to market game awareness and gamers acquisition strategies with these different Web3 games. We typically charge these projects a cost per gamer acquisition model or cost per tournament model.

Also, we are also launching Bountie Academy, our ‘learn-to-play’ education platform for our game partners. we aim to deliver bite-sized ‘how-to’ curriculum to our gaming communities, distilling the mechanics of complex Web3 game play into short video tutorials meant for the everyday gamer.

In the past 3 months, we have closed 7 different projects, done 16 crypto based esports tournaments within Indonesia and The Philippines with about 8,000 gamers, booked in at approximately USD 250K of revenues.

5. What is your long term roadmap?

Lex Na | CEO Bountie (+8 UTC),
To reiterate, our mission is to be the de-facto platform for gamers to discover and invest in crypto gaming and metaverse projects.

First, we are staking out with staking and Quests which will be ready at launch for you to participate in.

Second, we will be launching our launchpad to give your early access and invest on the ground floor of the most fun and innovative next-generation games.

Third, we’ll be launching our gamers’ profile, which is what we dubbed as the Linkedin for Gamers. This would be something that you use to show off to your friends and also to record all of your gaming history and achievements.

Of course, let’s not forget about the avatar! You’ll be able to buy Bountie and our partners’ NFTs to be equipped with your avatar to make it look super cool and amazing.

There are many more secret plans we have in our roadmap, not going to release them until the timing is ripe 😝

6. Could you share more about yourself and your team?

Desmond Tan,
Absolutely!

I started out as a very casual gamer in my younger days that occasionally indulges into Starcraft and CounterStrike. I wouldn’t say i’m a hardcore gamer compared to Lex but i have always been intrigue to bring real world relevance and association into the virtual world. When I understood blockchain gaming in the metaverse world. It became clear to me that how the lines are now blurring and I’m thrilled to be part of this changing frontier. I use to run a digital ad agency in Singapore and Indonesia before starting out Bountie in 2017 together with Lex.

As for Lex, he has been a hardcore gamer since young. I recalled his highest achievement was World №8 in WarCraft 3 many years ago. In those days however, gaming wasn’t seen as an industry and there wasn’t enough opportunities for gamers to monetise on their skillsets. Lex then went on capitalise his digital interest by setting up several of the biggest e-commerce businesses in Singapore that spans across the optometry and apparel industry. Gaming industry have changed since then and we are excited that we can bring our entrepreneurial experiences back into the gaming space.

Our COO, Ryan. He started as a very passionate sports enthusiast that ran as a GM for several large sporting organisation in Singapore. One of his career highlight was managing the inaugural Youth Olympics that was held in Singapore. We got together through an introduction from our investor and Ryan has since transfer his relevant experiences from the sports to the world of esports and metaverse gaming.

Our CTO, Andree, is a Indonesian computer science wizard that graduated from Singapore National Technological University. He has a very calm and assuring demeanor when it comes to work, tell him a tech problem and he will be able to provide a solution. He has work for some of the biggest startups in Indonesia and we are honoured to have him in our team.

For the rest of our team, there are many talented esports and crypto enthusiasts that have joined our team since. I wouldn’t go on to share further or i would have to start preparing a thesis. 🤣 But we are always on the lookout for talented individual to join us. So if any of are keen for a career in the crypto gaming industry. Please PM me.

SEGMENT 2 TWITTER QUESTIONS.

Q1. Security audits are extremely important for any project, especially DeFi protocols that deal with user funds. So, can you explain if your project has been audited to convey confidence and security to the crypto community that is interested in investing in your project? @radiyansyah8

Lex Na | CEO Bountie (+8 UTC),
[In reply to Crypto Challengers King]
My CTO and I have been respectively running our own development agencies for years. So we are relatively experienced to begin with. That being said, we seek external help to audit our token and staking contracts, as well as our application to ensure that we have the validation from professionals that we are super safe!

The audits from the token and staking contracts are ready out and we passed with flying colors.

These audit reports will be posted on our Wiki towards the end of this month. Do check it out when we have published it live then.

2. According to your Roadmap you are going to do an IDO in Q1 2022, On which platform are you going to launch your token and how people can participate in?

Lex Na | CEO Bountie (+8 UTC),
[In reply to Biljo Bee]
We’ll be launching in a total of 9 launchpads:

Moonstarter
ProjectOasis
Enjinstarter
BullPerks
GamesPad
InfinityPad
Spintop
Kommunitas
Oxbull

They have their own requirements in order to participate. Typically buying and staking their native tokens in order to get allocations.

However for InfinityPad, we will be doing a Public SHO. This means that the public will be able to participate as well.
If you are interested, please join our telegram channel(https://t.me/bountiehunterofficial) to listen in for our upcoming AMA with the guys from InfinityPad.

3.Have you secured partnership with other projects? if yes, who are they?

Desmond Tan,
[In reply to Biljo Bee]
Yes! You can stay tune to our twitter for the latest announcement. We have just started announcing with many more coming up in the next two weeks. https://twitter.com/bountie_hunter

Just to name a few — We have PathDAO, EnjinStarter, League of Kingdoms, Bemil Coin, DeFi Warrior, Kryptomon…..

Will keep the rest in suspense for now. 🙈

4.We know that many Blockchains games require a large initial investment to start playing, making this a barrier for new users and for those users who do not have cryptocurrencies. Will users be able to try the @bountie_hunter Game without having to make an initial deposit?

Lex Na | CEO Bountie (+8 UTC),
[In reply to Biljo Bee]
To clarify, we are more like a launchpad vs a game.

From our experience as IDO investors, we also realised this issue in the industry which is why we went with a “low-tech” approach so that we have a quicker go-to-market strategy.

Our token holders will be able to participate in ours Quests right at launch to start earning our crypto gaming partners’ cryptocurrencies and NFTs without risking their capital.

This allows our token holders to have instant utility to our tokens and start to interact with our platform.

5.Some of the new crypto projects initially impressed investors / users with their positive features but later deceived people by fraud. For this reason, how will you resolve the doubts that arise against all projects?

Lex Na | CEO Bountie (+8 UTC),
[In reply to Biljo Bee]
I think most projects that do that are new and/or anonymous. We are neither of that.

Bountie has been around since 2017 and we have a list of reputable backers based in Singapore and Malaysia. Our company is also headquartered in Singapore.

Our team members’ details are fully available and open to the public. We will not risk our reputation for a get rich quick scheme.

Bountie is our passion and mission. We will do everything we can to make this business successful.

SEGMENT 3 TELEGRAM LIVE.

Q1-Shanewarn10,
Truly, you’ve done AMA in many telegram groups, so what next, what other way will you make your project more popular?gfty

Desmond Tan,
[In reply to Shanewarn10]
Question 4: Great question! By running constant and large scale esports tournament for our communities and providing them Bountie Hunter Platform to compete and complete quests for token rewards.

We believe to build more and shill less. Eventually, we will be able to gather the numbers.

Q2-VERIFICATION,
on which network can I get your token?

1) Smart Chain
2) Tron
3) Etheriam
4) Polygon

Or any other network?
Please tell me which one of these..

Lex Na | CEO Bountie (+8 UTC),

1) Smart Chain

Q3-MARHABA 💯💯💯,
Answer my question 👇
According to the project’s roadmap- what are your most important next priorities?

Lex Na | CEO Bountie (+8 UTC),
[In reply to MARHABA 💯💯💯]

There are 3 key objectives:
1. Revenues Targets — We are shooting for at least $10m revenue for 2022. If things goes smoothly, this target may be extremely conservation. 🙂

2. Token holders — Based on the 8 launchpads that we are working with for public sale, we should have at least 8,000 to 15,000 token holders. Our goal is to increase that by 20x to 300,000 token holders. This includes the 250,000 gamers that have already registered on Bountie.io

3. Product Roadmap — To deliver the features on time with the high level of craft possible.

Q4-Hanifa Fairouz,
Did you raise funds so far? If so, how did you handle them? Are you planning to do any future raises?

Lex Na | CEO Bountie (+8 UTC),
[In reply to Hanifa Fairouz]
Question 5.

We had raised US$3.3m so far from a great list of investors in Singapore and Malaysia. Please check them out via this link:
https://docs.google.com/spreadsheets/d/1KmTVnTpxyJ4L4v3qzytLFQBp467XZhX6FEFPKl_TC-E/edit?usp=sharing

We’ll be raising another US$1.45m via our token sale.

After our IDO, we will be going for our Series A raise. That will be towards the end of this year.

We will continue to grow, build and fundraise until we go for our IPO

Q5-Abdul,
CAN you explain how is your Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team???

Lex Na | CEO Bountie (+8 UTC),
[In reply to Abdul]

You can look at our tokenomics via the page of our deck:

https://www.canva.com/design/DAExLvt8744/00sX9pfPt4MnxfYmLxpEBw/view?utm_content=DAExLvt8744&utm_campaign=designshare&utm_medium=link&utm_source=publishpresent

We will be minting 500m tokens, Team tokens will take up 10% or 50m. Subjected to a long lock up period of 12 months and 24 months vesting.

We have had experts and advisors helping with our tokenomics plan

Lex Na | CEO Bountie (+8 UTC),
Thank you for everyone’s time and attention. Really love all the great questions

Desmond Tan,
Yes. Thank you for the interesting questions. A pity we can’t go through all.