OwlDAO & OKC AMA Recap

On July 5th, the Chief Marketing Officer of Owl Games, Emily, joined a live Ask Me Anything session on the official OKC Telegram channel and answered questions from the OKC team and the community.

The purpose of the event was to introduce Owl Games to the OKC Community.

The following is a recap of the AMA.

What do you think about today’s crypto trend?

Emily: Well, as of today, I believe the market is going through a process of decongestion. After the crash, a lot of projects abandoned the ship and we are witnessing which projects were really here for the long term and which were just part of the hype. I see narratives like Blockchain-based gaming and NFT’s going strong and I believe projects or tokens whose sole purpose was to have a big APY or APR without any other use will continue to disappear.

Could you briefly describe what OWL DAO is and some key features of the platform?

Emily: OwlDAO helps projects become part of the blockchain-based gaming universe, by providing web 3.0 casino solutions for DeFi Projects so players and projects can play over 3,000 games created by heavily audited and world-renowned game providers.

What triggers you to launch OWLDAO?

Emily: The growth of Web 3.0 has witnessed the creation of countless innovative micro-industries, and blockchain-based gaming has been one of the fastest-growing industries in the crypto space.

When markets are not in favorable conditions, investors seem to lose interest in some of the most common activities such as staking, liquidity mining, and Yield farming.

OwlDAO Provides DeFi projects the chance to participate in the GameFi ecosystem with our Casino Solutions.

What is the role of the $OWL token in OWLDAO? Would you tell us more about its tokenomics?

Emily: The DAO Shares a portion of its revenue to the OWL token and rewards holders in the form of buybacks and Staking.

Currently, the contribution is for buyback and sponsoring the OWL staking pool each month.

$OWL is a cross-chain token. Users can freely bridge $OWL token via OWL Game website.

$OWL token charges a 10% transfer fee, all the tax will be used for auto liquidity providing.

With $OWL, the team hopes to create a thriving ecosystem for all our loyal partners and players.

1. Buy back and burn is done via the monthly contribution by owl.games casino

2. Add liquidity is automatic — there is a 10% tax rate on the transfer. So the token contract itself will store the tax there. Once the tax amount in the contract hits a certain amount, I think at the moment it’s 526k, it will sell 100k owl into BUSD and add 100k owl + the BUSD for liquidity.

Owl games provide diverse games, are all of them built by Owl DAO or from third-party game publishers/ providers?

Emily: 99% of our 3000+ games come from renowned 3rd party game providers globally, this allows us to offer a wide variety of Audited and Certified games. There’s one category that I personally love, which is the Live TV Game shows, with live hosts streaming and interacting with the players is super fun!

On top of that, we also have in-house RNG games, which are under the original category and we currently have 3 games: dice, roulette, and crash.

So there’s a game for everyone

Hacks have become an increasing issue in the community, please tell us about the Security of OwlDAO. Are there any audits on this project?

Emily: Of course one of our main concerns is the security of our DAO, we have a dedicated team of security specialists to ensure the safety of the DAO and our casinos.

On top of that, we have been audited by Certik, you can find more information about the audit at https://owldao.io/.

As a gamer of course I really enjoy playing games, so how do I play games on OWL DAO? Do we need to buy your tokens to play the game? If yes, how many $tokens should I buy to play?

Emily: Well, that’s the beauty of our platforms, you don’t need to have a special token or buy a set of chips to participate. We offer around 45 tokens at the time of this interview and users can play by simply connecting their wallets and instantly depositing the desired amount.

We have the most popular core tokens like USDC, BTC, ETH, BNB, BUSD, Polygon, etc. But we also offer community tokens such as Shiba, Ape, Elon, BabyDoge, I could spend a good amount of this interview listing all the options you have to start playing with us.

And for our OWL holders, we include extra rewards, and benefits when they use the OWL token on our platform

Can anyone play your games and get fun benefits, rewards for gaining more experience, for example?

Emily: We have designed a reward system for all our players and like any other place the more action you generate on our platform, the more rewards you will receive. We also have our Bonanza feature which multiplies the rewards received when players wager using the OWL token. On top of that, we regularly airdrop USDO or game credits for all users active on our social networks so they can also participate in the casino.

What is the best way to follow all your upcoming news and updates? Can you also share your current plan for the next 3, 6, and 9 months?

Emily: Definitely Twitter would be the best place to keep up with all our upcoming news and events, and telegram would be a great way to watch out for our giveaways and free credits airdrops released daily.

These next months we will be focusing on expanding the mainstream adoption of the OWL token in the next 3 months by listing the token in different exchanges, from 6 to 9 months we will be focusing on Metaverse, Partnerships, and NFT integration.

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