BlockBurn AMA RECAP at Pantera Group BlockBurn Follow Feb 16 · 6 min read

Q1. Big advatages of blockchain games is that all transactions (item trades, PVP records) can be recorded on blockchain to pursue transparency. But, transaction costs are incurred in this situations. How can you solve disadvantage about burden of this transaction costs?

Answer: This is why we chose the Ethereum Blockchain because of it’s high transaction speed and low fees, but be rest assured that because of the reward system, most of the charges incurred from transactions would be gotten back with a tidy profit from the reward system.

Additionally, our game would be quite unique because we tried as much a possible to keep many of it’s aspects off the Blockchain especially those aspects that needs transaction fees and might slow the game down when the Ethereum network is congested, but just note that the token and reward aspect is done on the Blockchain.

Q2. “You guys said “”mobile gaming and gambling are booming industries but mobile cryptocurrency gambling is

scarce””, then I wonder if have you guys prepared well for mobile application like UI/UX? Please share the progress that with us?”

Answer: Blockburn aims to be unique and this is why we chose a path less taken by other Blockchain projects, we see nothing as impossible and this is why we decided to focus mainly on mobile Cryptocurrency gaming because this like we said, mobile gaming is a booming industry and we aim to be the first project to to bring some of this funds into the cryptocurrency space.

We are leaving nothing to chance and that is why we partnered with Dutch gaming studios who are experienced in the development of mobile games and it is also why we are holding a tokensale because as you all know, It costs money to bring such innovative idea to reality, much more that the team could provide and we aim to deliver a perfect gaming experience unlike anything present in the cryptocurrency space.

Q3. You know gambling in Korea is officially illegal. Even in this situation, why are you guys trying to expand your business in Korea? Do Black Burn have some special strategy to get through all these?

Answer: Blockburn aims to be worldwide and the Korea market is one of our main targets and the fact that we are holding our IEO in a Korean Exchange should prove that, we wouldn’t want to cheat anybody in any part of the world by depriving them of the awesome gaming experience that would be provided by Blockburn nor the reward that comes along with that experience.

As for the legal aspect about gambling laws in Korea, Blockburn is not a gambling project and players cannot “gamble” against each other, the $BURN token is basically just a reward token for GamePlay, for example, you went shopping in Walmart and bought a lot of stuff, so they reward you with a giftcard, does this mean you gambled to get that giftcard? That’s exactly how Blockburn works, you get rewarded for your gaming activities, the staking feature cannot be seen as gambling either.

Q4. “The most important thing about a game project is “”fun””. Talking about the characteristics of the blockchain of many projects, how much “”blockchain”” was emphasized in their projects. This is meaningless. Did Blockburn create a fun game before Token Economy? Then you want to know the results that will prove it. (e.g. user count, play count, review, etc.)”

Answer: This question would best be answered by our preview video, please note that some of the graphics you see on the video was culled directly from our game which is already being developed, I leave it up to you to decide if what you see would be fun when it is fully developed and you are playing against for family and friends.

Q5. “I read all things on Website & Whitepaper. From what I read, Blockburn is gonna launch their service coming August with App realease. Don’t you think it’s a bit late for investors? Investors have to wait like 6 months after IEO which is gonna be done in Feb.

Please explain how I can trust you for 6 months?”

Answer: Let me remind you about the history of Blockburn…

Blockburn started as a community project with a deflationary token model and with no other usecase and we thrived for half a year with at least a new exchange every month.

We have prepared for every contingency and if you take a closer look at our website, you would see that we have already secured 4 major exchange listings with a 5th surprise one that would be announced shortly before the game goes live.

We are very interested in protecting the investors interests because the investors interests is our interests, Blockburn 2.0 would never be a reality without our investors and we aim to ensure that you all stay happy and content and thankful for the day you invested in Blockburn.

Q6 . “Game encryption based on blockchain is not complete yet due to lack of development stage.

First of all, games are supposed to be fun, but most of them are so boring and simple that you give up and drink quickly.

If there’s a lot of game mining,

I would do that, but the amount of mining is too small for a time investment.

I wonder how much effort the Blockburn project has put into these issues.”

Answer: We partnered a world-class gaming company for a reason and this reason is to ensure that we deliver on our promises where the gaming part of the project is concerned, ink has already been put to paper and and we have unveiled them to our community.

This and many more steps are things we have done to ensure a smooth gaming experience, not only would you be having fun playing our games, but the added token incentives would just be the icing on the cake, that reward is mainly aimed at ensuring that players wouldn’t have to spend their money to level up or buy in-game tools because we aim to make the game so exciting and addictive that most of the incentives would be spent within the app.

We have a logical reason to make sure this becomes a reality because we aim to prevent too many tokens from entering the market so when players are spending the tokens in the game, it doesn’t end up in the market. You might call it a sinister move but we call it a right move in the right direction for our token price and it can only be achieved with a fun game.

Q7. “What are the great achievements that BlockBurn has achieved so far?

What difficulties and risks did you encounter during project implementation and what factors helped motivate you to overcome difficulties?”

Answer: Blockburn started as a community oriented project with a deflationary token model, one of our greatest achievements so far is to survive for this long without any usecase or funds from our community, let’s face the facts, the only thing that could be done by the team with such a usecase is basically to provide more and more exchanges where the token can be traded and the price increased and this is exactly what we did including a top exchange listing, all from the team’s pocket.

We take our word very seriously and our greatest motivation is the fact that we never want to renege on our word, and thanks to an awesome community of almost 30,000 Blockburn Enthusiasts who has shown tremendous support even in the harshest of times, we have been able to overcome all the difficulties thrown our way.

Q8. “How can burn project maximize the system that already written in white paper into a coin that can compete in the future so that it can make promising future assets?

And What is the difference with other coins? So that it is worth burning into our assets for today and the future?

What are the utilities of Burn Coins ?”

Answer: The uses of Burn token is diverse and that’s one of the beauty of it, Blockburn started as a deflationary token project and with just that usecase and without any funds from the community whatsoever, we were able to list on 6 different exchanges and keep the project chugging along for half a year when almost all our competitors has sunk and or exit scammed, if nothing else, this shows our total dedication to this project and our zeal to ensure that it thrives even in a very difficult market.

To learn more, kindly visit

https://blockburn.io