Time: Mar 1st, 2023, 13:30 UTC
Gate.io hosted an AMA (Ask-Me-Anything) session with the Founder/CEO/CFO of TridentDao,Monolith in the Gate.io Exchange Community.
Official Website: https://trident.game/
Twitter: https://twitter.com/TridentDAO
Follow TridentDao on Discord and Twitter
Guest
Monolith — Founder/CEO/CFO of TridentDao
Monolith: PlayToEarn has been an unsustainable model since the beginning, as it requires a new influx of funds to sustain itself, often from venture capital. Emissions of tokens to incentivize players to play a game are not a good model to base a video game on, since, that is a non-infinite source, and means the game is only alive while it has constant inflow of money.
RiskToEarn is an answer to this, and the entire crypto gaming industry, where the game is free, and contains no pay to win, and rewards players based on skill. Players can start for absolutely free, and work their way up by defeating other players within the game and claiming rewards from the other player.
Monolith: Trident’s team consists of only former serious gamers, who care deeply and passionately about the development of good video games, and the future of the crypto gaming industry. Most crypto gaming founders and team members do not come from such a background, and do not have a close ear on the gaming industry, nor the growing populations of young video gamers. This is important for capturing the future generations and pioneering new technology.
Monolith: Trident’s ecosystem rests on Trident, and our ability to provide meaningful tools to our players, traders, and fellow builders that are developing on top of our foundation.
If we give away value to other DEX’s, and relinquish opportunities such as incentivised launches for those new projects that will build within the ecosystem, that is not wise.
What is wise, is to build every tool we can, and improve upon technology that already exists, with a focus on GameFi and how those tools can be adapted for our needs, the players’ needs, traders’ needs, and the needs of the developers.
Monolith: Yes. In our roadmap, we have the “Trident Grant” program, where we will devote excess funding to projects that show prowess and expertise in building trailblazing games and tools within the ecosystem. We believe in helping other builders, just as people have helped us get our wings and fly.
Monolith: PSI is a token with great value within our ecosystem, providing opportunities to gain LP Fee share on our OasisSwap DEX, being used in game and on our upcoming item exchange, and in many other economic ways that tie into our developing game. PSI is a token with no emissions, so holders can expect not to be inflated and diluted with unnecessary supply. This is very different from other tokens, especially PlayToEarn tokens, which are minted from thin air and have little use. PSI is a utility and equity share token for the Trident ecosystem, and is the gold in our grand project.