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After enjoying an admirable token surge in recent weeks, Cake Monster has officially gone live on PancakeSwap.
The project will be hoping to gain more exposure and perhaps kick some life into PancakeSwap’s NFT transaction volume. Having already shown itself capable of ramping up the BSC token chars, Cake Monsters look set for a new chapter in their journey.
“@MonstaPartyNFTs are now LIVE on the PancakeSwap NFT Market!” The PancakeSwap team confirmed via Twitter before advising users that they: “might experience some delays buying and selling on the site due to BSC network strain, but if your transactions go through on-chain, rest assured they’ve been successful.”
Though delays may have been experienced, that didn’t stop volume from moving up over 13BNB in the first few hours of release and settling on a floor price of 0.32 BNB, at the time of writing. With the general market currently undergoing somewhat of a pullback, the MONSTA team must be thinking positively about the performance.
Just how popular the collection will prove to be is a matter of speculation for the moment, as many await an increase in volume and interest in PancakeSwap’s NFT Marketplace. Nevertheless, the move certainly does register a milestone for Cake Monsters, who will be looking to drum up interest with this latest development.
Cake Monster employs and maintains a fair, sustainable, and rewarding ecosystem. The native token, $MONSTA, is a hyper-deflationary and elastic supply token using CAKE as a unique reserve and reward mechanisms featuring an automated hybrid monetary policy. $MONSTA provides many great features aimed at building a flexible and multifaceted dividend yield and reward system for participants without compromising the sustainability or security of the ecosystem and combines this with smart design, creativity, and organic growth. So far, the protocol offers an NFT protocol Monsta Party.
Where to find more about Cake Monster:
US based cryptocurrency exchange, Kraken, lists two new tokens on their platform, $AXS and $CHZ.
Kraken users located in the United States, Canada, and Australia can now trade two new tokens on the platform. $AXS, the governance token of the popular play to earn NFT game, Axie Infinity, and $CHZ, the native currency of the sports & entertainment blockchain fintech provider, Chiliz, can now be traded on the Kraken Platform. The official Kraken twitter account announced the listings on December 2 UTC.
“New listings on Kraken for US, CA & AUS. @AxieInfinity $AXS & @Chiliz $CHZ Sparkles Trading starts NOW!” Kraken Exchange tweeted.
Most tokens listed on Kraken are common across most exchanges. This includes meme coins, alt coins, DeFi tokens and of course Bitcoin. The Axie infinity token joins the token of other play to earn projects as some of the few blockchain gaming tokens listed on Kraken. Sandbox’s $SAND and Decentraland’s $MANA are also listed on the Kraken platform.
Kraken is a digital exchange looking to be the go to exchange that caters to traders of any level of crypto knowledge. Whether you are a new investor looking to capitalize on the Crypto market, or a seasoned trader that is looking for more features to help with your trading strategies, Kraken wants to be the exchange for you. Check out what they have to offer by visiting their website.
Be sure to join the DeFi Direct Discord to participate in all the community discussions and events!Don’t forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for Binance Smart Chain and crypto!
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Stephanie (BSC.News)
Hello everyone and welcome to the AMA with Gamefi Collection! Today we have @Nguyen445566 joining us to talk about their exciting new project. Great to have you here :)
| Co-Founder of GFC Nguyen Hoang
honor to be here
thanks
🚀
Stephanie (BSC.News)
So how this will work is, the AMA will consist of two rounds. The first round will be us going through the questions that I had prepared for you beforehand. And then the second round will be a community round where I will open up the room to allow questions to come in. The second round is also where we will select the two winners of our giveaway
| Co-Founder of GFC Nguyen Hoang
got it
Stephanie (BSC.News)
Great, so to kick things off, for those who may be unfamiliar...
| Co-Founder of GFC Nguyen Hoang
My name is Nguyen Hoang from Vietnam. and I am the co-founder of the Gamefi Collection project.
My friend Robert Yale is the CTO of the Gamefi Collection project.
He has eight years of experience in game development and has developed a number of popular game apps on both PC and mobile.
His Linkedin link:
btw you can find all the info about the team members in the GFC website mate
Also Johanna Talley is the OM of the Gamefi Collection project
Four years experience in game marketing, familiar with southeast Asia market as well as European and American markets.Her Linkedin link:
Stephanie (BSC.News)
Great to hear that :) and thanks for that introduction
| Co-Founder of GFC Nguyen Hoang
Wth the all-new GameFi Collection, the gaming platform can now be decentralized as well, and the Gamefi Collection aims to build a decentralized gaming platform whereby the online communities and gamers are the owners.
Our vision is to be like the Steam in the crypto space, and it's decentralized and transparent, also is driven by the community,
[ 🚀 Sticker ]
Stephanie (BSC.News)
Okay neat, so to dive even deeper into that
| Co-Founder of GFC Nguyen Hoang
So basically GFC is the governance token of the Gamefi Collection.
Players can earn GFC and valuable NFT rewards by playing the P2E games launched in the platform. With $GFC, they can decide what games can be launched on the platform and the future path of the game, and finally become the owners of the decentralized gaming platform.
Stephanie (BSC.News)
Nice! Thanks for that clarification
| Co-Founder of GFC Nguyen Hoang
As for the rebase mechanism, We recently held a community vote on whether to proceed with the Rebase mechanism, and based on the majority of community members' opinions, we are not going to run the Rebase mechanism anymore, and let the market decide whether the GFC will rise or fall.
Stephanie (BSC.News)
Sounds good. Is there any reason why the community was voting against the rebasing mechanism?
I thought rebasing mechanism is pretty amazing when I was researching Gamefi Collection
| Co-Founder of GFC Nguyen Hoang
'cause they don't really understand the mechanics of the rebasing and the benefits.
ppl just think their tokens got decreased and ignored the rise in prices
Stephanie (BSC.News)
I appreciate that Gamefi Collection respect the community member's opinions 😀
| Co-Founder of GFC Nguyen Hoang
that's what we should do mate
Stephanie (BSC.News)
Yes, although you have less tokens, the value rises in the rebasing mechanism!
| Co-Founder of GFC Nguyen Hoang
yeah
| Co-Founder of GFC Nguyen Hoang
9% transaction tax is applied to each transaction (buy or sell) and shared between:
-3% added to liquidity provision to create a solid price floor and secure a portion of the volume for holders.
-3% to strategically buy back tokens and annihilate them.
-3% to the marketing budget to support the growth of the Gamefi Collection community.
Stephanie (BSC.News)
Thank you for the explanation, Nguyen. That’s fair enough!
| Co-Founder of GFC Nguyen Hoang
For now, Community members will be able to earn GFC tokens by joining the gaming contest at the online game section in the website, and in the future, they will be able to join the gaming contest of the P2E games launched in the Gamefi Collection.
It’s a game contest we held recently, let’s take a look.
Go play the games on the Gamefi Collection website and the top 35 players with the will share the reward pool worth $570💸
-1️⃣TOP 1 with the highest score will win the GFC tokens worth $100
-2️⃣for TOP 2 it's $50
-3️⃣TOP 3 $30
-4️⃣TOP 4-TOP 10 $20
-TOP 11-TOP 35 $10
Game Name: FLAPPY WITCH
Where can I play the game?
Go to the Gamefi Collection website and search for Flappy Witch at the online game section.
Send your BSC address holding the GFC token, score screenshot, and you score to this link and after the contest we will manually check it and reward the winners.
We will announce the winners in our TG and DC group!!
Contest will last for 3 days. Go play to earn guys.😆
Stephanie (BSC.News)
wow that's awesome Ngyuen!
| Co-Founder of GFC Nguyen Hoang
Community members holding GFC tokens can participate in game contest, regardless of the amount
Stephanie (BSC.News)
Great!
| Co-Founder of GFC Nguyen Hoang
We are working with popular game companies in Southeast Asia to develop P2E games and launch them on the GFC platform. We believe this will be available for community members to play on the gaming site soon.
Stephanie (BSC.News)
Definitely! Moving on to the very last question
| Co-Founder of GFC Nguyen Hoang
A professional team is still working hard on game development now.
The first P2E game is gonna launch on the Gamefi Collection platform in about two weeks!
Stephanie (BSC.News)
Within two weeks! It's definitely some exciting stuff! Would you be able to provide us with social media links so that our community could follow?
| Co-Founder of GFC Nguyen Hoang
sure
check this and welcome to join the GFC family.
🌐WEB:
🥳TG group:
👨👨👦👦TG channel:
🕶Ins:
[ 🚀 Sticker ]
[ 😁 Sticker ]
Stephanie (BSC.News)
Awesome! If you haven't already make sure to go and check out the Gamefi Collection everyone! Super exciting project that you don't want to miss out on :)
A dip in the market may affect initial performance but that won’t stop the team from celebrating the added exposure.
After enjoying an admirable token surge in recent weeks, Cake Monster has officially gone live on PancakeSwap.
The project will be hoping to gain more exposure and perhaps kick some life into PancakeSwap’s NFT transaction volume. Having already shown itself capable of ramping up the BSC token chars, Cake Monsters look set for a new chapter in their journey.
“@MonstaPartyNFTs are now LIVE on the PancakeSwap NFT Market!” The PancakeSwap team confirmed via Twitter before advising users that they: “might experience some delays buying and selling on the site due to BSC network strain, but if your transactions go through on-chain, rest assured they’ve been successful.”
Though delays may have been experienced, that didn’t stop volume from moving up over 13BNB in the first few hours of release and settling on a floor price of 0.32 BNB, at the time of writing. With the general market currently undergoing somewhat of a pullback, the MONSTA team must be thinking positively about the performance.
Just how popular the collection will prove to be is a matter of speculation for the moment, as many await an increase in volume and interest in PancakeSwap’s NFT Marketplace. Nevertheless, the move certainly does register a milestone for Cake Monsters, who will be looking to drum up interest with this latest development.
Cake Monster employs and maintains a fair, sustainable, and rewarding ecosystem. The native token, $MONSTA, is a hyper-deflationary and elastic supply token using CAKE as a unique reserve and reward mechanisms featuring an automated hybrid monetary policy. $MONSTA provides many great features aimed at building a flexible and multifaceted dividend yield and reward system for participants without compromising the sustainability or security of the ecosystem and combines this with smart design, creativity, and organic growth. So far, the protocol offers an NFT protocol Monsta Party.
Where to find more about Cake Monster:
