AMA with FROYO Games, the next IFO project on PancakeSwap.

Hello all CAKE holders! 🥞🦆
We will hold the next IFO FROYO project on 18th Jan. In order to understand the project better, we held an AMA (Ask Me Anything) with Froyo wizard @zeroxfroyo🍦👾 from the team. Don’t worry if you missed the event, here’s the summary of all the questions & answers!

What is IFO?

IFO (Initial Farm Offering) is the event in which you can buy brand new tokens using CAKE tokens🥞

How to participate?

Please refer IFO page on our website!
https://pancakeswap.finance/ifo

To learn more about IFO 3.0, check out our Medium article:
https://medium.com/pancakeswap/initial-farm-offering-ifo-3-0-ifo-staking-pool-622d8bd356f1

Questions and Answers

Q. Please introduce yourself and your project — Froyo Games to our audience.

A. Hello everyone. Thank you for having me here. I am the Froyo Wizard.
As a GameFi platform, Froyo Games is built with you in mind. It’s a platform that sets its foundations deep in blockchain technology to give gamers unprecedented control over the games we play and our inventories across various experiences on the platform. We have an accessible ecosystem of 500+ developers worldwide and 350+ game titles with over 360 million downloads.
We are enabling the inclusion of blockchain technologies with an accessible ecosystem to any game developers who want to build on Ethereum and Binance Smart Chain, granting them access to our user base and tools when they launch their games on Froyo Games — a platform built by true game makers. Froyo Games is also a welcoming home for game developers from the indie mobile game designer to the AAA game studio who are looking to incorporate this exciting new technology into their games. We equip developers with the tools they need to embrace this new world without having to go back to school. From SDKs to digital asset dashboards, we are more than happy to help you onboard your games with the least amount of friction.
Beyond this, we extend our services with a launchpad that gives promising games and projects a much-needed signal boost to a wider audience including our existing robust user base, Froyo token holders, and other avid blockchain gamers who are always looking for new and exciting ways to spend and make use of their tokens within the ecosystem. Our very own NFT marketplace will be where anyone on the Froyo platform can easily trade, without requiring developers to spin up their own trading platform.
Last but not least, we are also cultivating a social marketing GameFi based platform (Froyo Gamebox) via a fun yet interactive play-to-earn and play-to-win offering. Froyo Gamebox consists of competitive mini-games where NFTs launched on our NFT Launchpad can be reaped as prizes, building a high level of user engagement and brand awareness akin to a gamified version of Syrup pool on Pancakeswap or Onsen on Sushiswap.

Q. Froyo Games supports ETH and BSC. What are the reasons behind this decision? Why did you pick these two out of so many other blockchains? Are there any plans to expand to some other chains?

A. We have chosen Binance Smart Chain and Ethereum at the very beginning because both of these chains have the most user base and some of the highest activity levels. It would be silly not to build on BSC and ETH. We do not have any plans to expand to other chains at the moment.

Q. In the world of blockchain, there are many gaming projects which develop their original games. However, why do you believe in the role of a Game Publisher?

A. We are able to bootstrap a readily available community of gamers for these games that we are publishing. Anyone can be a game developer but not everyone can be a game publisher. Do you see Epic Games popping up every other day or do you see more games popping up every other day? It is obvious that a blockchain game publisher does not just pop up every other day.
Epic Games is one of the most successful traditional games publisher in the world and it will be silly not to believe in the role of a Game Publisher. You will need to have a good track record to attract good game developers to build or launch games on your gaming platform. A good track record is something which we are proud of.

Q. So you guys want to become the Epic Games of blockchain games? 👀

A. Yup! Steam + Epic Games for blockchain games!

Q. Lovely! Now tell us more about your team. Just like the PancakeSwap chef team, your team is anonymous. Would you share some information about the team, such as the size of it?

A. We may be anonymous but we are really good at what we do or else tier one VCs would not have invested in us. We started off 2 months ago with only a team of 10 people but now we have close to 25 members — 15 developers and 10 in business development/marketing.

Q. In some other AMAs, you mentioned “There is only Gala Games that is our worthy competitor”. As a game publisher, what advantages do Froyo Games have and how do you think Froyo Games can outcompete them and other Gamifi projects?

A. A game publisher is very different from a normal gaming project. Some of the major advantages we have includes the capability of publishing high quality games, some games even have robust monthly active users already.
We welcome any games (certain criterias to be taken into consideration of course) to be part of Froyo Games’ ecosystem. The question here isn’t really like what you asked and I quote “How do you think Froyo Games can outcompete them and other gamefi projects” but the question here should be “How Froyo Games can expand its ecosystem with other gaming projects”. Together we strive for a better and healthier ecosystem of games!

Q. What are the utilities of the $FROYO token?

A.
● Staking Rewards — Token holders can stake their in-game NFT assets to earn $FROYO tokens.

● $veFROYO — Token holders can also stake $FROYO tokens for $veFROYO in order to participate in the governance of Froyo Publisher Network and vote on the reward gauges for new gaming tokens that will be featured and used in upcoming games published on the Froyo Games platform. $veFROYO token holders will also get to earn upcoming gaming tokens from Froyo Publisher Network.

● Play-To-Earn — Perhaps the most democratized part of the ecosystem, players can stand to earn $FROYO tokens just from playing selected games that use the token for their in-game economy. This allows anyone to be able to participate in the Froyo Games ecosystem with little to no upfront investment in the form of cryptocurrency.

● Play-To-Win — The Froyo Gamebox is a casually fun yet competitive offering featuring simple yet competitive games that $FROYO will be used to purchase tickets to increase the chances of winning a wide range of prizes from physical giveaways to NFTs and other digital assets.

● Froyo Store — The $FROYO token will be the primary medium of transaction in the Froyo Store where tokens both fungible and non-fungible can be purchased. While a variety of payment methods will be supported, special perks such as discounts await those who opt to use the $FROYO token for their transactions.

Q. Cool, now speaking of utilities and tokenomics. Can you elaborate a little bit more about the “Ecosystem Fund” and how they will be used in the operation of Froyo Games?

A. The tokens allocated in the ecosystem funds are used for play-to-earn rewards, play-to-win rewards, staking rewards, liquidity provision for DEX/CEX listings and community incentives. We have 3 games (as seen on our website) and Froyo Gamebox which are launching this year that will be consuming FROYO tokens for P2E and P2W rewards. That is only 4 products that will be using FROYO tokens and we have yet to announce more games/products which will be consuming FROYO in the game economics in the future.

Q. In this medium article, you introduced an SDK that will be released in the future.. Can you tell us more about it?

A. Froyo Games Software Development Kit (SDK) are the tools made available to game developers to take a chunk of the tediousness out of building blockchain games. Froyo Games’ approach to blockchain gaming allows developers to not just implement Non-Fungible Tokens (NFTs) and fungible tokens into their game, but to also create and manage such tokens without requiring any blockchain-specific coding. The platform will be openly accessible to anyone from independent casual game developers all the way up to AAA gaming studios.
The current state of blockchain gaming is one that is difficult to enter. This resulted in many new companies seeking to enter the market to deploy white-label solutions, resulting in a generic product. It is incredibly time consuming and also expensive for developers to build a stable and scalable game on the blockchain which is also fast and secure.

Q. What do you think the future of gamefi will be like. And the position of Froyo Games in this future of gamefi.

A. This is my humble opinion and it does not represent any form of financial advice. I think this is only the beginning for GameFi. There will be more and more innovative game economics that will ensure the sustainability of the game without over paying the players. I believe Froyo Games will not only publish games but also play other important roles such as co-designing the game tokenomics which we publish and also other relevant works to bootstrap the games we launch.

Q. Are you afraid some day there will be another project with more innovative technology can replace your project?

A. Not at all. Competition is good in the long term and without any competitive advantage, one might find it difficult to be better in what they do!

Q. Can you share with us how does Froyo Games bridge game developers from indie mobile game designers or maybe game studios? Is there a chance for them? ( from @ketuart04)

A. A lot of traditional game devs do not know anything about blockchain. Not everyone is fortunate or has the luxury for this new impactful technologies to be implemented into their games.
Hence we have SDK readily available for them to use. We even have a marketplace for them to list their NFTs so they do not have to build a whole new one. We’d even got a launchpad available to bootstrap their games. Lastly and not least, we have a gamified version of Syrup pool called Gamebox to build user engagement and awareness.

Q. I noticed Froyo Gamebox is the marketing branch of Froyo games. How many branches did you build in Froyo Game to develop your platform? And how do you plan to expand your user base in a market that has little knowledge of crypto?

A. That is why Froyo Gamebox is something really simple to begin with. The skill-based mini games are easy to understand and can easily on-board all levels of users. NFTs or tokens can be won from Gamebox. The users can then stake these NFT on our platform to generate yields in the form of $FROYO tokens.

Q. I posted a question on Twitter earlier asking about how Froyo Games will be different from Gala Games and Elixir Gaming. In relation to that question and referring to Gala Games in particular, would the NFTs that can lead to earning Froyo tokens in Froyo Games be reasonably priced for gamers/participants that do not have extra funds to purchase or would the NFTs for earning be only for those that have “deep pockets”. ( from @xceterax)

A. That is also why we are publishing all kind of games, from hyper-casual to AAA games and metaverse! The NFTs can be very affordable and exclusive to attract all level of users.

Q. Is FROYO GAMES secure and safe from hackers attack? What can your project guarantee or promise in terms of security and privacy of users? (from @dytozgur)

A. We tend to get all our smart contract audited to prevent hacks!

Closing words

If you want to learn more about Froyo Games, join their social channels!!

👾Website — https://froyo.games
🍦Twitter — https://twitter.com/realfroyogames
👾Medium — https://medium.com/@froyogames
🍦Discord — https://discord.gg/froyogames
👾Telegram Announcement — https://t.me/froyogamesann
🍦Telegram Chat — https://t.me/froyogames

IFO information

Mark the date!!

📅 Sale start time: Approx. 14:00 UTC on Tuesday 18th Jan 2022
📅 Sale end time: Approx. 15:00 UTC on Tuesday 18th Jan 2022
Venue: https://pancakeswap.finance/ifo

See you on IFO!

Feel free to join our community as well.

🥞Website — https://pancakeswap.finance/
🥞Twitter — https://twitter.com/PancakeSwap
🥞Telegram — https://t.me/PancakeSwap
🥞Discord — https://discord.gg/pancakeswap

Chef Nina 🦆 & Chef Bun 🥟

AMA with FROYO Games, the next IFO project on PancakeSwap. was originally published in PancakeSwap on Medium, where people are continuing the conversation by highlighting and responding to this story.