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CryptoThrust X Wasder AMA

12 min readJun 3, 2021

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CryptoThrust X Wasder AMA

Guest: Thomas (CEO & Founder)

My name is Thomas, I am the CEO and founder of Wasder.gg
I’ve been in the gaming industry for along time now, almost 15 years. Where I’ve worked in major publishers like EA (Electronic Arts), and I’ve been the community liaison for Age of Conan at Funcom, for over a million players.

In the more recent years, I’ve gone the sales journey from sales rep, to sales director, corporate mergers and acquisitions, before i started my own companies and moved into investments.

Then I finally founded Wasder, which is my dream company, and the heart of my businesses :)

Segment 1- Project Introduction

Q1) What is WASDER? What are its features?
Wasder is a feature filled social platform for gamers! We’ve built a fully functional ecosystem that’s built to help gamers enjoy their passion in the best way and connect with others.
The core idea of Wasder is to make gaming personal for you, to fulfill people’s need of being part of a group for shared identity. Here we give an overview and ignite conversations around your community of interest, such as a game or a genre.
So our platform has built in social feeds, gaming profiles, game spaces, private messaging, and the worlds first matchmaking service that helps you find people to play with.
We call it Party Play :)
We are also building out our functionalities for player created communities, to make our platform the best in the world for guilds, teams and groups of friends wanting to play together.
Think of it as a complete ecosystem that is customized and tailored for each individual gamer, and truly helps connect people inside the gaming industry.

Q2) How WASDER stands-out from likewise platforms?
Well, there really is no other platform like Wasder.
We stand out from other platforms in the way that we are build with a holistic approach, we’ve built Wasder as an ecosystem where anyone in the gaming industry can find what they are looking for. Similar to a smartphone, where you have all your favorite apps in one place.
Wasder becomes the place where you have all your gaming friends, and functions that you need for your favorite games.
Most platforms in the gaming space focus on ONE feature, or one problem. But with 500 000 games in the space, that’s alot of features and problems to solve.
If you only solve one at a time, the consumers / gamers will need 100’s of apps to solve their base behaviors.
You really need a place where you can find all your favorite solutions, in an easy to access manner! And thats what Wasder is.
We make gaming personal for you.

Q3) Partnership is one of the important factor of the project’s growth, could you please tell us about WASDER partnership(s)?
Sure, you are 100% correct. Partnerships are crucial!
Since we build Wasder as a ecosystem for all of gaming, we rely heavily on partnerships with industry partners, publishers, influencers, and others.
Some of the partnerships we have, we’ve already announced, like Gala Games, Razer Chroma and Ojamu.
We are also releasing announcements in the coming 2 weeks about several major key partnerships, that is going to massively impact Wasder and skyrocket our journey in a positive way!
One of the major things we are doing are creating accelerators for gaming publishers in our platform, since we know they face challenges with launch cycles, key distribution, communication with a gaming audience, growing their playerbases and other major key challenges. Our platform is built to solve these issues, and as a direct consequence, we continuously onboard new publishers into our ecosystem.

Q4) Can we expect more partnerships in near future?
Oh absolutely!
We are announcing a partnership with a major data provider and data oracles in the blockchain space, that I am extremely excited about, in the VERY near future.

Q5) Could you please tell us about the tokenomics & utilities of $WAS token?
Token utilities and tokenomics is a complex question, and you can find more info on https://wasder.gg/token-info/index.html
The $WAS token is part of our reward, incentive & gamification system in Wasder. Where we wanted to create a truly rewarding mechanic for the users, instead of a fictional reward system without any real value, like most games.
We wanted to create something where people either get tangible value, or truly fun and memorable experiences when using $WAS inside Wasder. So we’ve hired one of the best game designers in the world to help build this.
So you will be able to get cosmetic upgrades, like new avatars, skins, backgrounds, color themes, badges, achievements, etc. on the platform.
BUT, also NFT’s like ticket passes to special events with influencers, or competitions, unique reaction mechanics to posts and people, etc.
In addition to that, we’ve made some INSANE rewards for both liquidity staking and single asset staking (lockups).
Two of my favorite rewards for lockups, are the ability for us to fly a person to Stockholm for a week, and use our entire design and development team to design their dream feature in a social platform !
We will build whatever function that person wants!
And another reward, is the potential to become the new “Myspace Tom” by being added to the friendliest of every person in our platform. So its a mega-rapid way to fame and success! :)

Q6) [Thomas: We will build whatever function that person wants!] What type of function?
Any feature that user wants us to build, we always listen to our community and build good features.
BUT, this is that same way of thinking — just 100x.
That one person gets to dream up their favorite potential entrepreneur idea of a feature, and we build it inside Wasder! Using our designers and developers.

Q7) What kind of expectations can we have from WASDER in the near future? (Any event/update)
There’s massive updates coming to Wasder — both on product, marketing and the partnership side.
We are massively upgrading our game spaces, and adding in new games consistently so that our database is constantly evolving for the users.
We are putting in a complete suite of functionalities for player created communities, which i am super hyped about.
AND, of course all the token functionalities that will come in the next few months!
We are also announcing a partnership around a gaming accelerator for blockchain publishers, which will help them get established and grow!
I also mentioned a major partnership we are doing, but there are more :)
We are building an accelerator for game publishers together with some of the best blockchain providers in the space.
Think combination of great tech to create the games — and amazing market opportunities for the people you want to play the game.
So a major social ecosystem for you to launch and promote your game on!

Segment 2- Questions from Twitter

Q1) Where does the money in-play-to-earn concepts come from? I guess from the player base itself? Doesn’t this mean that the community needs to continuously keep growing to keep up the playing rewards, since the new capital is only coming from new players?
First of all, let’s separate token utility from any “money”. Any earning mechanism on the platform will be strictly with the token, and the number of tokens is hard coded into the smart contract. We cannot mint more tokens, even if we wanted to.
The whole token economy is being built in a circular way, meaning there is a balance in in and outflow of tokens. This also means that there is no specific pressure to add more users to add more tokens, as that would make it a ponzi scheme.
The circular economy works for 10 users, and it works for 10 million users, that’s the whole idea.
We are using one of the best game designers, and one of the best economists, to actually gamify the way that we create all this!

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Q2) The growth of the gaming world on the current blockchain is giving rise to intense competition. How do you keep users on your platform for the long term and how do you keep your platform ahead of the competition?
This is a great question, because that is EXACTLY why we are here! There is a gold rush going on in the gaming world, and that is to build games, which compete for the users.
But if you study history, it’s not the gold miners that make money during a gold rush, it’s the people owning the ecosystem — the stores selling the pickaxes and the shovels, the saloons and the railroads.
We are that ecosystem! All our users will jump between games, but they will remain on our platform. Just like during the gold rush, the miners will go to different locations to mine for gold, but they will always return to buy new pickaxes and shovels, and have drinks at the same saloon.

Q3) In 2021 there have been many games that provide a place to communicate and also others, how do your platforms attract users and how to convince them that your platform is better?
Great question. While native communication in ONE game is fantastic, being part of an ecosystem that supports finding new players to play with, communication channels to streamers, celebrities, and all your other friends that may not be playing that same game is why we are here.
Our platform doesn’t need to be “better” than a native communication system, our mission is to cover the basic needs for gamers and their social connections outside of one game.
For us, we cover the entire userjourney and provide a touchpoint between publishers and the gamers, and their friends!
This makes us stand out as unique.

Q4) What is your opinion about Current market situation, can project like wasder survive for long term? Does wasder has potential to face all dynamic environmental challenges?
Absolutely!
The current market situation is a bit volatile. And I think there’s been quite a projects that have not been very serious. Which hurts trust in both blockchain and projects in general.
However, Wasder is a serious company with billionaire investors, hedgefunds, silicon valley money, previous apple executives, major family offices from Singapore, and tons of others.
So we are in this for the long haul. We are building the next big tech company in the gaming space.
In addition we have an amazing team, a CTO from a previous unicorn tech company called LeoVegas, we have the VP of Product who was previously the lead producer for Candy Crush at King games!
We have executives that have worked with Reebok, UFC, major tech companies like Sony, Visa.
We have an adaptable team, and a vision thats created to last and LEAD this amazing industry, which is one of the reasons we are bringing blockchain to gaming the way that we are.
I think its good to separate us from the “non-serious” projects, that are not around to stay and grow. Because every serious company should consider how to face dynamic challenges both in the markets, and with consumers.

Q5) Binance smart Chain blockchain is having high transaction speed and cheap gas fees, Are you planning to launch in this your mainet or switch to other blockchains in the future?
Yes, absolutely. We will launch on BSC VERY VERY very soon for that very reason. We want everyone to be able to utilize the token, and since we are all about technology and fast transactions/low fees, we are also exploring other chains like Polygon, Polkadot, and Avalanche. But nothing is set in stone on those yet.
We will give more updates on this in the next few days over on our telegram :) and our medium.

Segment 3- Live Telegram Session

Q1) What are the strength and weaknesses of this project? And will be this more reliable than others? Can I expect a bigger things to improve your service?
Yes! Wasder has two different staking options.
We have some amazing rewards for liquidity pool staking over at 0.exchange, as well as a lockup (single asset staking) program that’s starting next week with up to 100% APY, in addition to some insanely cool bonus rewards.
You can read more about that here:
https://wasdergg.medium.com/eth-was-liquidity-pool-staking-on-0-exchange-opens-this-friday-3pm-utc-11991922e183

Q2) A lot of scam projects out there, guess what guarantees that your project is different from them.
This is a great question! Wasder isn’t a “crypto” project, it is a social platform that’s been around since 2017 with billionaire investors, silicon valley capital, private equity capital, apple executive investors, etc. We decided to create a tokenized ecosystem to gamify and reward our members. The company is registered and headquartered in Sweden, the full team is “doxed”, no one is anonymous, and the team is very very seasoned.

Q3) Is your project a local project or a global project? Can anyone use your services from anywhere in the world? Is there any restrictions of using your service?
Wasder is DEFINITELY a global platform. We provide a macro ecosystem where you can create your own micro ecosystems, regardless of your location or language!

Q4) Trust and security is very important in any business, what makes investors, customer and users safe secure when working with your project?
As I mentioned, trust and security is massively important for us. We follow all GDPR compliance guidelines from the EU, as well as regulations from both US and other continents on data security.
We have to be transparent and secure with our users, as we rely on that trust when we scale and go to market.

Q5) What are the marketing strategies of your project? What will you do so that your project will be visible in crypto field and people come to explore your project?
Great question. Our marketing strategy covers both the crypto people and the “normies”. We are working on both acquisition campaigns with a growth agency, a publicist for press, and several partnerships with influencers and brands that will help spread the message.

Q6) Right now issuing a token is a rather simple process. However, building the system and ecosystem is the most difficult part. My question is, How will the demand of the token will increase and how will this token use within the ecosystem?
I agree completely.
This is why our company isn’t a “crypto” company in itself, we are a product company with people with proven backgrounds from MEGA successes, like Candy Crush, CrossFit, Reebok, EA, FunCom, Sony, Visa and others.
Our token serves as a support mechanism, / incentive & reward system to the rest of our features. Meaning a gamified way of using Wasder and getting tokens as a reward. In addition, we put in attractive reasons to use the tokens inside Wasder, in order to make sure we always create a market where users wants more and more $WAS tokens for usage!
Things like:
Participate in VIP events (Influencers, e-sport teams, streamers) — Think NFT tickets
Cosmetic upgrades in the platform (avatars, frames, badges) — NFTs and personalized looks
Tip/pay your favorite content creators on the platform — inspire them to create more
Battles — challenge other gamers or communities to in game battles
and much more

Q7) Ambassadors play a very important role in every project, Do you have an ambassador program? If yes, how can I be one?
I agree, Ambassadors are massively important. Right now, we select our ambassadors through direct conversations with them, through our marketing team and myself.
However, we will be establishing an ambassador program that will be more automated, once we decide how they should be reward and based on which KPIs.
Right now, we select them both based on KPIs and objectives, but also softer values like our brand values and the message we want to send, like inclusivity, non-toxicity and positivity!

Q8) Which one of these aspects important for you?
1-Increasing Token Price&Value
2-Empowering Platform Development
3-Building Community Trust
4-Expanding Partnership Globally
In what order?

Great question!
While we are not allowed to talk about price, or even speculate about it because of regulatory frameworks — know that everyting we do is for positive token health, as it’s such an important part of our ecosystem.
The order here is a bit hard, but first of all we need the trust of the community. Without that, we are nothing.
Second, at this point in time, because I feel that we have a pretty solid product now, we have to expand with more global partnerships for more visibility. But at the same time, we need product features as well, so I’d say it’s equally important.

Q9) what are the ways that generates profits/revenue to maintain your project and what is its revenue model ? How can it make benefit win-win to both investor and Chromia project ?
I love this question!
So our monetization model is based on social app advertisements, similar to what you see on Facebook & Instagram.
The ability for us to deliver laser targeted ads to a niche audience makes us a very attractive platform for digital media buyers in the gaming space.
That means that when it comes to blockchain and our $WAS token, we can emphasize the token health and how it adds value to the users in our ecosystem!
This puts us in a unique position to create real value for everyone who interacts with Wasder.
I know there’s TONS of extra questions here, I welcome all of you to come to our telegram group and we will answer as much as we possibly can!

More Information about WASDER:
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Website
Telegram Group
Telegram Channel
Trading Channel
Facebook
Instagram
Twitch TV
YouTube
LinkedIn

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