Exploring the Future of GameFi w/ @EnginesOfFury #CryptoDaily
This space is hosted by MarioNawfal
Space Summary
The Twitter space discussion delved into the realm of DeFi, focusing on a project’s roadmap, Fury token details, and community engagement. Highlights included insights on the token’s issuance on the Binance Smart Chain with a fixed supply of 120 million. Transparency and accessibility were key themes, emphasizing the availability of token information in the project’s white paper. The session fostered collaboration with partners and teased exciting announcements, reflecting a dynamic and inclusive approach. Reflective moments and humorous exchanges added a personal touch, making the space engaging and interactive for participants. Overall, the space offered a glimpse into the evolving landscape of Decentralized Finance, showcasing token details and community engagement in the DeFi project’s roadmap.
Questions
Q: What are the primary concerns about online privacy discussed?
A: Issues related to freedom of speech, data security, and the role of AI in monitoring content.
Q: How do personal experiences influence the discussion?
A: Participants share real-life anecdotes to highlight broader societal issues.
Q: What ethical dilemmas are highlighted?
A: Moral issues surrounding punishment, justice, and the ethical use of technology are discussed.
Q: How is technology impacting individual freedoms?
A: There is a concern that technology might be infringing on personal rights and liberties.
Q: Why is the relevance of historical events mentioned?
A: To draw parallels and learn from past events when discussing current issues.
Q: What role does AI play according to the discussion?
A: AI is seen as both a mediator and a potential threat to unbiased communication and freedom.
Q: What are the concerns about social media censorship?
A: Participants feel certain topics and opinions are unfairly censored, limiting free expression.
Q: What perspectives are provided about global conflicts?
A: Different views on what constitutes global conflicts and their implications for society are considered.
Q: How does technology shape societal behavior?
A: Technology dictates social norms and influences daily life, raising questions about its control and reach.
Q: In what ways do they discuss misinformation?
A: The spread of false information and its impact on public perception and safety is deliberated.
Q: What blockchain is the Fury token issued on?
A: The Fury token is issued on the Binance Smart Chain.
Q: What is the total supply of the Fury token?
A: The total supply of the Fury token is 120 million, with no additional tokens to be created.
Q: Where can detailed information about the token be found?
A: Detailed information about the token can be found in the project’s white paper, including the release schedule.
Q: What was emphasized regarding token information in the crypto space?
A: Transparency and easy access to token information were emphasized.
Q: How was community engagement addressed in the discussion?
A: The project welcomed feedback and engaged with the community for updates.
Q: What partnerships were mentioned during the Twitter space?
A: There were discussions about collaborations with partners to enhance the project ecosystem.
Q: What announcements were hinted at during the session?
A: Exciting announcements and releases were hinted at, encouraging participants to stay informed.
Q: What was the overall tone of the discussion with participants?
A: The session was interactive, engaging, and highlighted community involvement.
Q: Where can more insights be found?
A: For more insights, refer to the detailed timestamps of the Twitter space discussion.
Q: What characterized the engagement with the community?
A: Active engagement and a welcoming approach characterized the interaction with the community.
Q: What distinguished the Fury token in the discussion?
A: The Fury token’s issuance on the Binance Smart Chain and its fixed supply set it apart in the conversation.
Highlights
Time: 00:15:21
Opening remarks and setting the agenda for the conversation.
Time: 00:24:19
Discussing the role of AI in moderating online content.
Time: 00:30:05
Personal anecdotes about online privacy issues.
Time: 00:40:00
Debates about ethical dilemmas and justice.
Time: 00:43:52
Historical relevance and applying past lessons to today’s context.
Time: 00:50:33
Concerns about free speech on social media platforms.
Time: 01:04:22
Exploring the impacts of global conflicts on daily life.
Time: 01:15:47
The influence of technology on individual freedoms.
Time: 01:25:16
Misinformation and its effects on society.
Time: 01:30:00
Conclusion and final thoughts from participants.
Time: 00:02:26
Engaging Introduction, Introduction to the roundtable discussion and its fun, engaging nature.
Time: 00:03:35
Community Engagement Call to Action, Call to action for attendees to retweet and get involved in the conversation.
Time: 00:10:08
Distribution Management Strategies, Discussion on effective distribution management and various launch strategies.
Time: 00:19:04
Balancing Hype with Quality Content, Emphasis on the importance of not overhyping the game and focusing on unique, quality content.
Time: 00:22:14
Seamless Onboarding Strategies, Insights into onboarding strategies for Web3 gamers and the importance of making the transition seamless.
Time: 00:27:06
Market Understanding and Feedback Iteration, The necessity of understanding the market and iterating based on player feedback.
Time: 00:36:16
Community Engagement and Retention, Key strategies for community engagement and user retention.
Time: 00:53:02
Hype and Influencers in Marketing, The role of hype and influencers in marketing a Web3 game.
Time: 00:58:16
Dedicated Web3 Communicator Importance, The significance of having a dedicated person to understand and communicate in the Web3 space.
Key Takeaways
- Discussion on the project’s roadmap and upcoming developments.
- Explanation of the tokenomics and primary function of the Fury token.
- Fury token is issued on the Binance Smart Chain with a limited supply of 120 million.
- Details about the release schedule and availability in the project’s white paper.
- Emphasis on the transparency and accessibility of token information in crypto.
- Engagement with the community for feedback and updates.
- Collaboration with partners to enhance the project’s ecosystem.
- Gratitude towards the community and participants in the Twitter space.
- Mention of exciting announcements and releases to stay tuned for.
- Interactive and engaging session involving speakers and participants.
Behind the Mic
That was wild. The Hualien. Is Ryan you want to take this one? Yeah, yeah, sure. So I’ll take this one. So what does it mean stalled? It means that it’s not progressing or hasn’t been progressing for some time. And there’s a usual sense of frustration coming from that. Yeah, okay. And just to build on that, the way that I’ve described this to a couple of people is nodes normally allow individuals or companies to build their own applications in any geographic region or any hardware without having to be tied into an existing platform. What’s interesting about this is that nodes are capable of running on standard desktop hardware and there’s no need to have expensive rack-mounted server hardware, which means it’s extremely accessible. So you can start your node on hardware as long as it’s fast enough. And you get ecosystem partners right at the start. So I’ll explain a little bit more about the incentives for creating blocks and the benefits for stakers. Coming up. But it’s important to understand that these things that have been discussed before like the gray area that Ryan talked about before with blocks, that happens on every blockchain. One of my famous quotes is that the L1 security is important because any consensus breaking event, anything that causes nodes or miners to disagree on which blocks are created first, that’s actually most of those are cases where the miners are working and would work around them, such causes as spam attacks or empty blocks being spammed to bloat the state or DDoS attacks that would cause miners to be cut off from the rest of the network, or mining pools colluding. But what’s interesting is that we’ve taken sort of a fresh new approach to what blocks are so that if miners make these types of good blocks, they’re rewarded and it helps preventing these types of malicious attacks. And briefly, I can mention these incentives as well. So this project uses a proof-of-stake network, not proof-of-work or a proof-of-space. Why does that provide better security? Because we’ve changed the way that validators behave. Validators are no longer just machines that register attestations, but they’re also attesters of consensus in our system. So when our validators claim rewards, they have an economic interest in ensuring that consensus has been reached correctly as well as they would be penalized or their staked funds slashed if they try to claim those incorrect reward blocks. And this is very important because it means that our consensus is attested to by parties that have an economic stake in being truthful about the state of the chain. So unlike other projects which assume that validators are both participants of consensus and miners, for us there’s a very clear distinction between the two. Apart from this, we also allow individuals to democratize the process of producing blocks by delegating. Basically, there’s thousands of people choosing to delegate their stake to their servers. And this allows for better geographic distribution of stake across various servers and hardware. Why? Because we’re no longer limited by geographical location or needing to be in the same room as a big mining pool, but people can build their own servers from spare hardware from old gaming PCs or old laptops, and build their own servers to run these projects, participate in producing blocks and validating blocks for the chain. Now, about spam transactions that I mentioned earlier, there’s also incentives for people to hold on to low-valued coins and stake them. So this way the low price of the coin when there is less individual interest in the node, that keeps the overall economic security high. And staking is another very important property of our project because the stake volume indeed dictates the economic security of the blockchain and it makes collusion even less likely than it already is. And as well, when there are multiple staking pools, it also allows the network to be signaled that there is a lot of work happening on the chain at any given point in time. I will be closing off, but I want to leave you with a simple thought. Blockchain by itself is a novel solution to a digital problem that seeks to solve problems that, you know, never had solutions for as long as the FTC being broken or down for DDoS attacks, things like spam transactions or crypto mining being regulated. Blockchain’s benefit is that it allows a distributed democratic decentralized ledger to solve these issues, which will hopefully usher us into a new wave of secure, permissionless computational systems. We should never forget that. With that, I’d like to put forth a special thanks to all our participants as well as listeners for joining. Take care and stay safe.
