Trang chủ Tin Tức Recap AMA with Rage Fan

Recap AMA with Rage Fan

At 16pm (UTC) on March 09, 2021, VBC hosted the AMA show with Rage Fan project, whose representative for this AMA is Mr. Satheesh – CEO and Mr. Vivek – Marketing Head

Brief introduction of the guest and Rage Fan:

Hi and Hello Everyone out there. Satheesh wont be joining today due to some personal emergencies but he has conveyed his greetings to all and also an apology for not being able to make it here at this AMA.

So, I am Vivek Kumar and I lead Marketing here at Rage.Fan. I have done masters in Business Administration and have 7 years of industry experience. My experience ranges across Strategy & Consulting, Marketing, Program Management etc. In past have worked with some of the large MNCs and Consulting firms.

Talking about Satheesh,

Satheesh is the CEO of RAGE.Fan. He has been in tech for more than 20+ years and managed large projects & programs. And last 4 years on blockchain across enterprise and crypto and this is his second project in this space.

Through Rage.Fan we are trying to bring fantasy sports and blockchain under the same ambit. So, essentially it’s an on-chain fantasy sports and quizzing platform, where sports fans can use their skills, knowledge and situational awareness to participate, play, win and  get rewarded.

All you need is a phone + internet connection + Rage.Fan app and you are good to go.

To make all this happen we are introducing $RAGE, a Rage.Fan native token which serves the dual purpose of “game play” and “governance” and comes with several other added utilities.

One can read more at: https://www.rage.fan/

Question:

What is the use case of $RAGE token? Can you tell me what is the incentive for market demand of $RAGE token? Can you convince us about long-term potential increase in $RAGE market value? @imavericks

Vivek Kumar:

So, $RAGE comes with several features:

— Core utilities: Game currency, Governance

— Innovative utilities: AR token mining

— Value added benefits: Referral mining, staking, yield farming, play mining and social media mining

AR token mining is a very innovative idea and we have published a detailed article also on the same: https://medium.com/@ragefan/rage-utility-series-ar-token-mining-9bb367e79549

We are in the process of publishing detailed articles on each feature and some are out also. You can read them here at: https://medium.com/@ragefan

To the 2nd part of the question :

— The industry we are in is a growing industry and holds great growth prospects.

— Our value proposition is very fundamental and aligned to the problem(s) we are trying to address.

— The solution is very innovative.

— People attached to the project are mavericks of the industry and hold a great reputation in terms of building a self-sustainable business model.

So, we are very positive that we will be able to generate a long-term value & benefits.

Question:

In an online fantasy sport survey, users complained majorly about lack of transparency in transactions dealings and governance process of the fantasy sport industry. How will RageFan address this issue and ensure fairness at all levels? @imavericks

Vivek Kumar:

There are 2 aspects to this question – transparency and governance and we are very cognizant of this and therefore have addressed it. Blockchain facilitates the provision of transparency and hence every aspect viz. point calculation, prize distribution, any deduction and anything you can think of, all will be available for everyone to see it.

For the governance aspect, one of the core utilities of $RAGE comes into picture. Governance doesn’t only mean at sports level what we call as fan-influence but also at the functioning, structural aspects and proposals for amendments for/in organization (DAO). So, all that covers governance.

Read more about governance at – https://medium.com/@ragefan/rage-utility-series-governance-1fc76fa46244

Question:

Do you plan to create the NFT support in RageFan in the future? And how will it work? @imavericks

Vivek Kumar:

Yes, we will have NFTs and that’s part of our 2021 plan also. One can read in detail about what all we have planned for 2021 here: https://www.rage.fan/

Secondly, in terms of how it will work and all the details associated with it, we will publish in detail everything about it. So, allow us sometime and keep following our media handles.

Hey everyone, please follow their Telegram to receive the latest updates: https://t.me/rage_fan

NFT is the trend, Rage Fan definitely will be the project of 2021! I believe so. And you can’t miss it!

Telegram [Official Group]: https://t.me/rage_fan

Telegram [Ann. Channel]: https://t.me/rage_fan_announcement

Twitter:https://twitter.com/RageFanSocial

Official website: https://www.rage.fan/

Medium: https://medium.com/@ragefan

Question:

Does Rage Fan have a plan to promote, raise awareness, and understanding in the community so that more people get to know Rage Fan? @imavericks

Vivek Kumar:

Yes, and that goes without saying. In fact, our initial emphasis in terms of marketing is all about awareness because it’s important to educate the audience in order to empower them to fully appreciate the values we will deliver.

To give it a context:

— We have community and geo specific initiatives

— In coming time you will see a lot of blogs, articles, explainers, flyers that’s more about awareness rather promotional

—On similar lines, we have also started something called “$RAGE utility series” where we pick 1 utility at a time and explain them in layman’s terms in great detail. One can read them here – https://medium.com/@ragefan

—We will also be launching Ambassador Program soon to spread the word and grow the community

So, a lot of things are planned.

Question:

Partnership is always an important factor for every project. So who is RageFan’s partner? What are the benefits you get from those relationships? @imavericks

Vivek Kumar:

Partnerships are like complement where in the combined effect is more than at individual level and for the same reasons we have already partnered with some of the leaders of the industry. For example:

— We have recently partnered with Polygon (formerly Matic) that will help us in scalability and thereby enabling seamless experience. You can read more about the partnership here –  https://medium.com/@ragefan/rage-fan-is-excited-to-partner-with-polygon-formerly-matic-to-scale-transactions-and-provide-an-3b63da0c574d

— Then we have also partnered with Biconomy to provide a gasless experience for the users of Rage.Fan platform. You can read more about it here – https://medium.com/@ragefan/rage-fan-has-joined-forces-with-biconomy-to-provide-a-gasless-experience-for-the-users-of-rage-fan-6d6766bd042b

In addition to that we are in the process of more partnerships and will be announcing them soon.

Question:

I really want to own $RAGE token, but can’t find any info about your token sales yet? Can you reveal a little bit about the Go-To-Market plan of $RAGE if possible? Is there any other ways to earn $RAGE token? @imavericks

Vivek Kumar:

— About token sale we will be announcing soon so then you will have all the relevant information on open public platform

— About Go-To market plan we have already covered a lot in answers already. Plus, we have outlined that in great detail in our official website and one can refer to that: https://www.rage.fan/

— To earn $RAGE, short answer is keep playing but having said that, apart from that there are ample other opportunities like staking, referral mining, yield farming, play mining and social media mining. More opportunities will be coming down the line. So, just keep following our media handles.

Question:

How strong is your team?

Vivek Kumar:

Excellent and its a valid concern too.

We have a very capable multi-disciplinary team with loads of industry experience and relevant skills. Every detail of our team is available in our website – https://www.rage.fan/

Question:

Does your project have features or benefits that make it competitive with peers? Why did you choose AMA on Telegram to advertise your project instead of advertising on other social networks like Facebook, YouTube, Google,…?

Vivek Kumar:

In fact we dont have any direct competition since we are first of its kind to bring this and that gives us first mover advantage also. Secondly, TG is just one of the channel that holds a great community. We will take it to other channels also the ones you pointed out. Thank you for asking.

Question:

What is your long-term vision about the industry which you are working on? Are you afraid some day there will be another project with more innovative technology can replace your project?

Vivek Kumar:

To bring a mainstream, centralized platform for the first time to a completely decentralized experience. Afraid?  No and I think that would be wrong approach and attitude also. Rather than why not keep innovating and be ahead and set a benchmark for others? Food for thought! 😊

Question:

As a community based project, how can I donate my quota for your success? Do you have a Global Ambassador Program or a Referral Rewards System?
Thanks

Vivek Kumar:

Yes, we do have and it will be announced soon!

Question:

How do you plan to spread your understanding of the project in different countries where spoken English is not good like me?

Vivek Kumar:

Excellent and thats why local community support comes into picture. We have planned geo specific and community specific initiatives. More details here – https://www.rage.fan/

Question:

While you build your project, do you take into account community feedbacks and demands?

Vivek Kumar:

Absolutely. From outside – reach out to any of us with feedback you have. From Inside platform you have $RAGE to give voice to your opinion.

Question:

How can users stay updated with this project? Are there channels, including local communities where users can get the latest updates about $this project?

Vivek Kumar:

Telegram [Official Group]: https://t.me/rage_fan

Telegram [Ann. Channel]: https://t.me/rage_fan_announcement

Twitter:https://twitter.com/RageFanSocial

Official website: https://www.rage.fan/

Medium: https://medium.com/@ragefan

Question:

✔️ Is Your project a Global project ?
Is any of the local communities restricted from contributing to the project ?

Vivek Kumar:

1st part – Yes

2nd part – No

Question:

Rage Fan is a complex project. Are you planning to create educational materials so that more people understand your goals and vision?

Vivek Kumar:

Yes, we have already covered this. Scroll through answers

Question:

I think one of the problems with blockchain platforms to reach mass adoption is the number of regular users. What’s your plan to attract users to Rage Fan ?

Vivek Kumar:

Question:

What is business model of your project? How it works? and Who are your potential customers and which markets are you targeting on?

Vivek Kumar:

I will answer in reverse order:

— Global target audience – anyone, anywhere, any age with interest in sports

— Simple: Create account, pick a sport, create teams, participate and WIN

— Its a platform – nothing complex.

Question:

Can I stake Your Token?
What are your Staking criterias ?

Vivek Kumar:

We are very soon about to release a detailed article on the same.