KuCoin AMA With X Rush (XOX) — Modifying Traditional Gaming to a New Absolute Face of GameFi

Dear KuCoin Users,

Time: May 9, 2022, 11:00-12:01 (UTC)

KuCoin hosted an AMA (Ask-Me-Anything) session with the Co-founder of X Rush, Berkan, in the KuCoin Exchange Group.

X Rush is a casual racing & shooting Gamefi project powered by a Unity 3D engine and compatible with web3 wallets.

- Easy to play and available on both iOS and Android;

- NFT (PFP) with Passive Income + GameFi (P2E) + Share to Earn (S2E);

- Verified and well-designed Tokenomics.

Official Website: https://xrush.io/

Whitepaper: https://doc.xrush.io/x-rush/x-rush

Follow X Rush on Twitter and Telegram.

Guest:

Berkan - Co-founder of X Rush

Q: Can you make a brief introduction about yourself and X Rush?

Berkan: Glad to be here today. I’m Berkan, co-founder of X Rush. I’m in charge of the X Rush community and marketing. I have worked as a marketing manager in the gaming and blockchain industry for the past six (6) years and specialize in creating and managing global communities for gaming projects.

We have been working hard for a long time on X Rush and are super excited to share it with the world. X Rush is a casual play-to-earn game designed to provide users with a fun gaming experience by racing & shooting in multiple metaverses. Users can collect their favorite racers and customize racing cars to compete with other players on the leaderboard.

X Rush aims to form a great gaming community, letting players not only enjoy the fun of the game but also be a part of it, contribute, and of course, earn the game token $XOX.

X Rush is also compatible with Web3 wallets such as MetaMask, TP Wallet & Trust wallet, which accept transactions and pay for gas fees. All players’ assets will be displayed in the game, and all the game data will be incorporated into the chain in real-time.

Here is a video to show the wonderfulness of the X Rush world; I hope you guys like it!

Q: Can you share more about the IGO with the community? Are there any significant events of X Rush to attract more users in the coming time?

Berkan: The biggest news is that we will be launching on KuCoin's IGO platform at 12:00 pm on May 10, 2022 (UTC), which will last for five (5) days. Maybe you guys already saw this landing page.

Around 9,500 X Racer NFTs will be available for sale on KuCoin’s IGO platform, and an NFT is priced at 299 USD during the Public Sale, and X Racer NFT holders will have a passive income of 50 $XOX token per day after the mainnet launch!

IDO will also take place in late May or early June, and we launched the IDO Whitelist Campaign. Please keep an eye on our official social media announcements for more info.

The second round of the public beta test and more events will launch after the IGO; users can participate to get XOX, X Racer NFTs, IDO whitelist rewards, etc.

Players may find all the latest info on the following platforms:

X Rush Official website: https://www.xrush.io

X Rush Twitter: https://twitter.com/XRushio

X Rush Medium: https://medium.com/x-rush

X Rush Discord: https://discord.gg/yXub4a6q8a

X Rush Github: https://github.com/XOXRush

X Rush Telegram: https://t.me/XRushOfficial

X Rush Vietnamese: https://t.me/XRushVietnameseOfficial

Q: Please tell us more about X Rush and how it differentiates from other GameFi projects.

Berkan: We noticed the GameFi trend a long time ago. Fundraising within GameFi has exploded, and some similar GameFi projects have become popular globally.

But there are some pain points that we've seen that need to be changed:

- Most GameFi projects are actually centralized.

- Tokenomics of GameFi projects are often ambiguous, unclear, and poorly designed.

- Limited token utility.

If you look at most of the projects now on the market, most of them require a centralized way for users to register and only rely on web pages to achieve some decentralized functions. Players still need email registration to log in to the game, which has no different from traditional games. This centralized method will lead to problems such as user privacy leakage, data loss, and tampering.

On the other hand, X Rush realizes the intercommunication between game apps and decentralized wallets. After connecting to a wallet, players can log in to the game through the wallet address. All in-game data will be uploaded on-chain, ensuring the absolute security of user data and assets.

We also provide players with various XOX usage scenarios. Players can use XOX Token for transactions, in-game purchases of NFTs, X Car customization, and Blind Box purchases. We are focused on improving the player's game experience.

Q: How does X Rush design its tokenomics? What is the magic about it?

Berkan: Based on our overall market research, X Rush emphasizes creating a sustainable Tokenomic model. A good Tokenomic model determines the future development of the project.

X Rush’s native token is called XOX, an incentive token and a governance token, of which 53.7% will be distributed to players as in-game rewards. The team and investors cover 15% of the total amount. 1.3% are used for initial token liquidity, 10% for PoS community mining, 10% for multi-chain funds, 5% as marketing treasury, and 5% as X Racer passive income.

Some game items, such as X Cars, have an expiration date. After the expiration date, XOX tokens will be returned proportionally according to the level of X Cars, which means that the user is free to play and play-to-earn.

You can refer to the whitepaper for more specific info on X Rush Tokenomics for further information.

Here’s an overview of X Rush:

Q: Does X Rush require an entrance fee to start? Do you have any documents or video tutorials to educate beginners with no expertise?

Berkan: Players need to have their own X Car to play the game. There are many ways to obtain one, such as opening a Mystery box, purchasing directly in the game shop, participating in the X Rush Telegram/Discord campaign, etc. Worth mentioning is that we will give back a certain percentage of the token after the car is scrapped, which means there’s almost no entrance fee for the players.

Also, if you hold X Racer NFT, you will get 50 tokens per day as the passive income; when you have enough tokens, you can choose a way to get the X Car!

We are still in the Public beta version stage, which is only available for only qualified players. We will launch another version of the public beta test very soon, with the additional function of the weapon system and the endless running gameplay. We will make a new tutorial to share with all players at that time.

Q: Please share your roadmap of X Rush and how it is progressing so far.

Berkan: The game app on both iOS & Android end is ready. Right now, the team focuses on the coming IGO on Kucoin and the final round of the beta test. After those two, we will have the IDO and listing. All the things are right on track!

It’s been a long time, and we’ve already made much progress. In Q2, we will have more connections for more Web3 wallets, add more game items (Weapons, X cars, and Game maps), and deploy X Rush to other chains like BSC.

In Q3, we plan to launch seasonal, limited game gear items and a game item marketplace.

For more information, you can go to our official website. Join our Telegram and Discord community channels as well.

Q: Can you tell us about your team members? Are they qualified and professional in their fields? What are the recruiting qualifications for team members for your extraordinary project?

Berkan: We are a team of more than 20 people. As for me, I have a gaming background and got into crypto in 2018. My other co-founders joined the crypto space around 2017, and most have worked in managerial roles or above at well-known organizations like Binance, OKEx, Huobi, and TP wallet.

Each X Rush team member is highly experienced in their field.

Q: Do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?

Berkan: For the benefit of all game players, X Rush decided to adopt the following deflation method:

- 5% of all Token transaction amounts in the app will be automatically destroyed;

- The passive income of the X Racer will be halved every 50 days;

- A quarterly token-burning mechanism will be introduced after the Mainnet launch.

And we will add more functions if our community members all suggest.

Q: Have you been audited? I have not heard you talk about that. Security of funds is what every investor craves and plans to escape in case of insecurity if funds, scams, and rug pull? How strongly built is your security put in place?

Berkan: We have passed the CERTIC audit and passed perfectly in all aspects. Security is our special focus, and we have done a lot of work on it, so please trust us to be reliable!

Here's the link: https://www.certik.com/projects/x-rush

Q: There will be a Mystery Box in X Rush called "X Box." Can you tell us more about it? What things can we find in these boxes, and how will they help us when we play in X Rush? Where can we buy "X Box" and how much does it costs?

Berkan: X Box is the mystery box of X Rush; In the game app, players can pay a certain amount of USDT or KCS tokens to get an X Box, which contains a random X Car from Lv.1 - Lv.6. X Cars are NFTs minted on the Kucoin Community Chain for playing the game. X Cars can also be customized and upgraded in the game app.

After obtaining a certain number of Tokens, players can buy X Car or open X Car mystery boxes in the app (Price: 2,999 Tokens).

The service life of an X Car is between 3 to 152 days. At the end of the service life, it will be scrapped, and tokens will be returned in proportion to the original value (depending on the car level).

Q: Are there any particular benefits players/users/investors gain during participation with X Rush?

Berkan: There are five (5) ways to play and earn right now, and we'll be opening more:

PVE

- Daily Gaming Rewards (Determined by total daily scores);

- Daily Mission Rewards.

PVP

- Weekly Ranking Rewards

Special Campaign

- X Rush will hold special campaigns from time to time for users to win game prizes.

In-game Sharing Incentives

- After each game, users can share the auto-generated game poster to communities and social media platforms. After sharing, users will instantly get +1 X Energy (Up to 2 X Energy rewards per day).

- X Referral Program

Inviters will enjoy the following benefits when invitees purchase a certain number of X Cars.

KuCoin and X Rush have prepared a total of 2,000 USDT to give away to AMA participants.

1. Free-ask section: 75 USDT

2. AMA activity: 1,925 USDT

Quiz: 1,750 USDT

Participation Rewards: 175 USDT

. . .

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