Transcript- ArcadeNetwork AMA with DeltaHub.
omg: Chinka Gupta/CEO thank you for being with us. Its an honor to have you on our server. Can you please tell us a little bit about yourself and your professional background?
Chinka Gupta/CEO: My name is Chinka Gupta ( https://twitter.com/ChinkaArcade). I am the CEO and Founder of ArcadeNetwork. I have been working in the Blockchain space for almost 7 years now. I worked on a variety of use cases and domains throughout my career, including insurance, banking, finance, edutech, trade finance, supply chain, and government. Enterprise architecture, blockchain architecture, technology consulting, team leadership and management had been some of the expertise. Having worked in the Blockchain Capabilities of tech giants like KPMG, PwC & Accenture and other startups in the past, I realized that the true potential of blockchain is not yet unleashed due to limited adoption. We started with ArcadeNetwork in January 2021, where we wanted to utilize the full potential of the blockchain for the Gaming Industry.
omg: Very impressive resume. How did ArcadeNetwork came about? Can you tell us a little bit about its fruition?
Chinka Gupta/CEO: As we always say, Gaming is one such industry that is independent of age, gender and race. Having more than 3 billion gamers in the world, the industry is a huge market but at the same time has some basic problems which if addressed, this industry can become a hub of opportunities. As per her, Gaming is something that doesn’t depend upon factors like age, sex, race, and even so-called “skills” and just everybody can be a Gamer. We want to create ample opportunities and values in the Gaming world using Blockchain and Crypto and use Gaming as a link to bridge the gap between crypto and non-crypto. That’s when we made ArcadeNetwork. Check out what problems we solve- No True ownership- https://youtu.be/_p_LFKEAkGM No interoperability in the gaming world- https://youtu.be/iBr_8IDOIB4
omg: Very nice. Can you give us an introduction about Arcacdenetwork? What makes it stand out in this competitive market?
Chinka Gupta/CEO: ArcadeNetwork (www.arcadenet.io) — It is a cross metaverse bridge for achieving Interoperability in gaming metaverses. So Assets purchased by gamers from one metaverse/game can be taken out and used in any other metaverse. Eg. A sword from Sandbox can be taken and used in any other metaverse like Vulcan Forged, etc. Crypto and blockchain space has huge potential but the problem is that the potential is not unleashed because of the low adoption of the technology even in today’s date. We wanted to bridge this gap between crypto and the non-crypto world and unlock huge values and opportunities and potential by making use of the gaming industry.
If considering competition, we believe ArcadeNetwork does not have any. As there is no other platform that solves entire gaming industry’s problem.
omg: This is such a unique use case with really high potential. How about the team, what is their background?
Chinka Gupta/CEO: Our staff is made up of brilliant professionals in their respective fields. We have an experienced team working for us, with Advisors guiding the project to succeed in the gaming market. Following are the core members of our team.
Team:
Aman Singh | Marketing Lead- https://www.linkedin.com/in/amansingh1996/
Arhaam Patvi | Blockchain Lead- https://github.com/thearhaam
Abhinav Robinson | Full Stack Developer- https://github.com/AbhinavRobinson
Advisors- Ritam Gupta- https://www.linkedin.com/in/ritamgupta/
Luke Lombe- https://www.linkedin.com/in/lukelombe/
Jamie Thomson- https://www.linkedin.com/in/jamie-thomson-22908b26/
Andrino Agnas- https://www.linkedin.com/in/andrino-agnas-2473a3158/
omg: “ Cross metaverse asset” its an amazing concept. Can you elaborate o a little bit on how it works?
Chinka Gupta/CEO: Cross Metaverse Asset is the decentralization of any gaming asset such as guns, skins etc. With the help of ArcadeNetwork, you can take any asset from one game and migrate to another metaverse with the help of Arc wrappers. Its can be done with few click. This is a win-win situation for everyone. The originator game of the asset, the gamer and the destination game everyone will benefit from this.
omg: In this decentralized world is really cool to see bridges and interconnected blockchains integrated in the gaming world. How close are you guys to the ArcBridge testnet?
Chinka Gupta/CEO: We are launching the ArcadeNetwork Relayer Bridge in iterations. The launch will be in End October and will keep improving the product throughout. We will give MVP free game assets however the bridge will be made fully functional in the coming months.
omg: Any existing and new future games can use the $ARC Foundation? What are some of the benefits besides interoperability of game assets?
Chinka Gupta/CEO: Yes, few games are already listed on ArcadeNetwork website. Besides Interoperability, we have True ownership. That means you own your assets in the form of NFTs forever. Its up to you if you want to keep it or sell it for money. Other than that, there is ArcVerse. As a game developer you can come to arcadenetwork and build your own Metaverse. We will provide you with the resources and help.
omg: This will be the last question before we open the floor to some of our members to ask a few questions as well. Any future marketing and partnership plans that you can share with us?
Chinka Gupta/CEO: Yes. There are many things we are about to do. Just like Partnerships with leading project of the crypto world, Events, Giveaways, AMAs etc. Few announcements are about to be made next week. Meanwhile we are hosting sticker competition, go and join our telegram group. https://t.me/ArcadeNetworkOfficia l
omg:@everyone we are going to open the floor any minute now so you can post your questions along with the twitter link for next few minutes. Make sure you post your twitter link to the question as well.
omg: I will select a few questions and I will post them for answers.
Chinka Gupta/CEO: Arc is one of a kind token. It’s not only a fee settlement option but also works as a loyalty token for the ARC platform. The token also facilitates additional discounts to the token users for making any in-game asset purchases and paying the platform fee of any type in the ArcadeNetwork ecosystem. Following are the utilities of $Arc- ✎ Fee settlement ✎ Staking ✎ Game dev financing and loyalty fees ✎ User’s attention and funding ✎ Token Scarcity
Chinka Gupta/CEO: We do not need to distinguish from anyone else. We are solving the gaming industry’s problem. ArcadeNetwork is one of a kind and unique platform. We will treat every game equally on our platform. We also promote the games via our marketing plan, so the best game will eventually win everyone’s attention.
Thank You Chinka for your time and detailed answers. It was really a very informative AMA and thanks @everyone for your time too. AMA transcript will be available on DHC Medium Publications. https://medium.com/deltahubc
DHC Discord: https://discord.gg/bvWHXQW
DHC Token: https://info.uniswap.org/pair/0xfefe1fb25cfcefff49d51de61d4daef6eaf35af9
DHC Telegram: https://t.me/deltahubc
DHC AMA Room Telegram: https://t.me/ama_room
DHC Twitter: https://twitter.com/deltahubc
DHC Rarible: https://app.rarible.com/dhc/onsale
DHC OpenSea: https://opensea.io/accounts/dhc
DHC Blogs: https://deltahubc.medium.com
Originally published at https://medium.com on September 28, 2021.
