Thread by @CryptoEdgar_

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Summary @genopets #Genopets Townhall 15/08/2022 with @mralbertchen, @benjamin_tse, @JAyDChang:
* Milestones
* More info
* Statistics
* $Ki burns
* Crystal Emission
* Guilds
* Cheaters
* Roadmap
* Genesis holders
* Extra infos
* Safety in #Web3
* Resources

2/
Milestones

* $Ki token launched on August 20th
* 5 days since habitat management launch
* Private beta has been ongoing for 1 week and new members joining
* New whitepaper (whitepaper.genopets.me)
* A new website. Animations

3/
More info

* Treasure hunt rewards were airdropped. Puzzles will come back soon
* If purchased a genesis habitat/genopet, go to "get-beta-invite" in Discord to enter the #genoverse. Regular habitats supported soon
* Sunday, @mralbertchen was in Discord for about 5h to clarify

4/
Statistics

* @genopets is designed for everything to be on chain
* Team has their very own indexer to track statistics (@solanafm)
* DAU (Daily users interacting with the habitat management system)
* Total number of habitats have been growing slowly ( 95% still inactive)

5/
$Ki burns

* Almost 11M $Ki has been burned in 5 days
* In the first 2 days about 8M burned
* Burned $Ki distribution per use case:
- Crystal refinement (3%)
- Terraforming (21%)
- Habitat Upgrades (76%)

6/
Crystal Emission

* Team is watching it closely
* Lots of crystals in the marketplace due to a higher amount of higher lvl habitats (2/3 crystals minted daily)
* Needs to be partially offset with the habitat repair. People are trying to repair in bulk & time crystal purchases

7/
Guilds

* Player acquisition partnerships negotiated by @JAyDChang to ensure the health and sustainability
* Around 30,000 guild habitats were minted by 32 guilds. Most of them not used atm. Need scholars.
* Short FUD due to @MagicEden slip up where guild habitats were listed

8/
Guilds (2)

* Onboard new players & educate them
* Aren't selling their habitats (on chain data)
* Guild habitats can only be used when scholars are assigned (only 2,000 now)
* Minted in their own collection & can’t be sold. A lot of Ki and crystals are needed to maintain them

9/
Cheaters

* Team is analysing behaviourial data (pendulum swingers are easy to spot & ban) but fewer than 100 accounts
* Mass ban is coming (complete reset & no $Ki earnings)
* In the future team might consider to suspend their habitats if the behaviour shows to be consistent

10/
Roadmap

* Habitat rental marketplace (coming soon)
* Two big things:
- “Crafting” & “Nurture” (use for crystals & genopet). Require food etc.
* New players: It’ll be an increase over time in a sustainable way. Team want to see what they'll be doing (#web3 side of things etc)

11/
Alchemy & Craft

* Next thing to launch. Everything is on-chain thus need to test a lot to ensure completely correct functioning before release
* Users will be able to create & trade almost all in-game items (e.g. augment - change a #genopet body parts)
* Player based economy

12/
* Pet can become the element (e.g. Metal, Earth)
* Combine crafting components (crystals & $Ki) to generate different type of reagents
* Absynth Chroma Crystal: Change primary colour
* SubSynth Chroma Crystal: Change secondary colour
* Lume: Change light lines
* Toys

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Genesis holders

* When releasing new features that requires some sort of airdrop, genesis holders will receive a priority
* Genesis habitat owners: Can create multiple types of crystals which is very important. Team can’t give extra buffs because they’ll become too powerful

14/
Extra infos

* A regular habitat added as a subhabitat to a genesis habitat will be able to craft any type of crystals
* Team is hard at work to integrate the habitat visualisations in the app
* Increasing the cost for terraforming isn’t out of the question (future update)

15/
* People without habitats will be able to exchange $Ki for energy
* #Genopet team message: They want to build a sustainable economy which doesn't require inflow of new users. The focus should be on volume mostly.
* Habitats might be able to do a lot more but not revealed yet

16/
Safety in #Web3

* Reissued $Ki token due to the Solana @slope_finance hack & issues
* Be safe with the wallets. Team is not randomly airdropping items. Always check the server!

17/
Resources

@genopets twitter post:

https://twitter.com/genopets/status/1559194024690466818

Link to the Townhall (Youtube):

Thanks to @genopets, @mralbertchen, @benjamin_tse, @JAyDChang & @goldsajang for todays Townhal

I've tried to note down everything correctly. Feel free to correct me where needed.

Make sure to follow @CryptoEdgar_ & Like♥️, Share🔁 the FIRST post.

Link:

https://twitter.com/CryptoEdgar_/status/1559270737394995201

This of course has to be June 20th. August 20th would be 5 days from now 👍.
$Ki token was reminted because of the @slope_finance hack.