Thread by @CryptoEdgar_

1/15
Summary AMA 30/04/2022
* $GST & $GMT discussion
* Shoe minting
* Offline/live events
* @solana Node congestion issue
* The status of #BSC
* $GMT utility vs governance
* Luck attribute & Mystery Boxes
* Multi-account for shoe lvl up 👇🧵

2/15
* Rapid appreciation of the $GST price isn't sustainable
* New users are important to continue the growth of the app
* The team decided, in the last few days, to alter the minting cost of new sneakers resulting in a current 200 $GMT minting price to push down the $GST price.

3/15
* ❗️❗️Within a few hours from now, sneaker minting cost will return to a 50:50 $GST / $GMT ratio ❗️❗️.
* The double shoebox event will remain until sneaker supply reaches a healthy level.
* The team is happy with current changes & data modelling

4/15
* Faster $GMT burn at the moment which could fasten the sneaker $GMT earning.
* Team is constantly looking at the status of the app with $GST & $GMT earnings & make rapid decisions. This is always for the best of the community.

5/15
* First event in Australia has been finished & was successful.
* The UK event (Wales) finished as well.
* S-Korea, Japan, Europe (France & Athens) have plans for the next events.
* Sydney is planned to come next.

6/15
* Relatively calm week so far.
* Team is working on solving the transaction issues.
* Dynamic node system (if a node is congested, it jumps to the next one).
* These improvements were needed before further game upgrades could be rolled out.

7/15
* #BSC: Working on several solutions regarding the sneaker supply on the #BSC chain
* #BSC marketing event isn't decided yet
* Initially the team wanted to make it possible for people to switch to #BSC if Solana gets congested. But this isn't the case today.

8/15
* 10 use cases for $GMT (with an eleventh hidden $GMT use case up&coming) need to be implemented first, afterwards burn bar will come.
* Team might organise separate AMA event for this.

9/15
* $GMT governance will come at later stages. So far web 3.0 governance is pretty bad. Team wants proper, better & new way to run the DAO
* But at this stage utility is being prioritised at the moment (lvl ups etc).

10/15
* Three use cases:
1. Hold (and eventually stake)
2. Burn
3. Sell
One use case will be dealt with at a time.
Two more use cases planned to be implemented this week (of them $GST earning cap increase?).
* $GMT earnings will mimic a BTC mining pool.

11/15
* Luck & spent energy will impact quality of the box. Afterwards the content of the box is determined by a different process (random range).
* Team isn't disclosing on how the content of a box is determined.

12/15
@Barndog_Solana confirms that his charts show that higher luck amounts into higher quality of gems in the boxes.
* Epic & Legendary mystery boxes have a chance to contain lvl 3 gems. Common mystery boxes have a chance to contain lvl 2 gems as well.

13/15
* Holding shoes on different accounts to lvl up shoes, helps to resolve the current issue of minting more shoes.
* In the future they'll deal with multi-account minting but for now it's not encouraged but team will turns a blind eye on this.

14/15
* Team will keep changing minting prices from time to time to improve the sneaker supply.
* 500,000 daily active users 🔥

15/15
Thanks to @Barndog_Solana @Stepnofficial @Jerry10240 and @yawn_rong for todays #AMA. Great updates and news.
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