BNB Chain Spotlight: Monsterra

Exploring Monsterra:  The Revolutionary NFT Game with Free Play And Earn Model

Learn about Monsterra in our latest Project Spotlight. The team were kind enough to offer detailed answers to an extensive list of questions that will help shed light on the innovative products on offer for Web3 users.

1. Please describe Monsterra NFT Game to those unfamiliar with it. What's your vision and mission?

Monsterra (The terra of monsters named Mongen) is a free-play-and-earn multi-chain game run on both BNB, Avalanche and other networks inspired by the Axie Infinity game's pet world and the gameplay in Clash of Clan or Boom Beach of Supercell.  

Monsterra is the pioneer game in the Monsterra Universe. In the long run, we will build other games sharing the same character set and 2 tokens (MSTR & MAG) to let our gamers have more fun experience and more earning opportunities. 2023 - 2024 will be the year when the Monsterra Universe expands with the entry into the Multiverse with the center Mongens characters. After conquering the original mysterious lands, Mongens will travel to a new universe, where there are completely new lands, new challenges and they must learn how to build their base empires (Lands) to experience a new endless journey of adventure.

Monsterra solves all existing problems in the P2E market till now and that's why Monsterra makes itself a revolutionary P2E Game potentially attracting a thousand new players:

• Special Breeding mechanism between 5 races with 5 completely different body shapes
• Unique land shaping and highly customizable mechanics.
• Addictive gameplay for fun with strategies created by players own creativity.
• Various battle game mode including 2 PvE modes, PvP modes, Clan modes and mini-games.
• Large ecosystem with easy scalability: 8 components with Multi-chain, Multi-device platform and Multi-language.
• Various utilities for both NFT and tokens and also various earning mechanism including play-to-earn, bid-to-earn, watch-to-earn and idle-to-earn.
• Innovative token & NFT staking allows players use their tokens while staking them to maximize benefits.
• Balanced economy with many anti-inflation mechanisms.

2. When was the idea behind Monsterra born, and what led to it?

Before starting the project, we had a process of 3 months of market and other NFT Games research at that time, combined with the experience of the game development  team. In the "GameFi'' industry, there are a lot of scam projects or games that focus too much on "earning'', resulting in "short longevity" due to inflation. Furthermore, gamers don't have enough fun, so they leave so soon. As far as we are concerned, a long-distance game is a game with at least three elements: addictive gameplay, attractive and competitive earnings, and excellent teamwork. That's why we generate & develop Monsterra and its ecosystem.

The game sets foot in a fictional world and revolves around farming, property building, and battling with other lands with the magical creatures named Mongen. The revolutionized design of Monsterra is a combination of free-to-play, play-for-fun and play-to-earn models which allows millions of gaming enthusiasts to enjoy fun and have a high-profit stream with no prior investment.

There are 5 races of Mongen in the game: Tectos, Mystic, Beast, Celest and Chaos. 2 of them, Celest & Chaos, will be revealed in the upcoming Battle phase. The game has 4 battle modes which are Adventure mode, Boss Challenge mode, Battlefront mode, Arena mode.

Monsterra's ecosystem is also extremely attractive with many elements in the rich ecosystem including:

1/ Gameplay: https://play.monsterra.io/?src=pns

2/ DAO: https://dao.monsterra.io/#/?code=MS4LDQPMI

3/ Marketplace: https://marketplace.monsterra.io/

4/ MonsEvent: https://event.monsterra.io/

5/ Mini Games: coming soon

6/ Bridges (for multi chain): coming soon

7/ Guild Portal- a powerful management tool with no fee: coming soon

8/ MonsTV: coming soon

3. Tell us something about your team's background.

Monsterra team comprises many seasoned members with experience in both gaming and crypto industries. Our game development team has worked in the traditional game industry for over 15 years, so we know what factors make a game appealing to players.

The Founder of Monsterra, Mr. Tuan Le

He is a serial entrepreneur with demonstrated performance to deliver large-scale projects. After few years in FPT Software, the largest IT company in Vietnam, he founded and was the CEO then Chairman of SotaTek - an IT consulting and development company with 600 employees, providing services to customers worldwide. He is in the founding team in some tech giants in VietNam as Ekoios, IceTea Labs (PolkaFoundry/Red Kite/GameFi.org) and also in the founding team and CEO of SotaNext Corporation, an IT company that specializes in blockchain consulting and development services.

With almost 15 years of experience in all kinds of software development projects, and a very strong knowledge in blockchain technology he knows how to manage a world-class business based on blockchain successfully to bring true value to customers.

The Project Owner Victor Thang

He has had nearly 15 years of experience in working and developing gaming products. Previously, he won the 3rd prize in the Mobilabs 2008 competition held by FPT for the mobile application and has taken various important roles in all companies he has worked for, from Team Code Leader to Project Manager and Product Manager. As PO of Monsterra NFT Game, he has built an amazing game development team from artwork to engineering and smart contracts with the desire to build Monsterra game to become the game revolution for GameFi 2022.

Head of Game Operation Brian Trinh (https://www.linkedin.com/in/trinhquangtu/)

As a strategic role player, he managed the entire operation and testing of Casual, SLG, and MMORPG games, on both PC and mobile platforms, at the biggest game companies and studios in Vietnam, such as VTC Intecom, ABI Game Studio, VALOFE, etc.

Also, he has over 3 years experience in community operations and organizing online and offline events, ranging from private VIPs to large gaming communities.

CMO of Monsterra NFT Game, IRIS LE

(https://www.linkedin.com/in/irismarketing2110/)

She is definitely a growth hacking expert with a 5+ year  solid track record as Marketing Manager & Consutant in e-Commerce, Blockchain, NFTs and Gaming.  

Her depth of expertise includes project management, community building, social media boosting, partnership expansion, and growth-hack strategies. Working in an international environment (Europe, Singapore, and Vietnam) opens various opportunities for her to be exposed to other languages and cultures, nurturing her communication and marketing skills on a global scale. With the mission to bring valuable community benefits, during her years of hard work, Iris has supported many startups to achieve 300% growth on social media, expanded cooperation with many trusted partners, and successfully raised capital in seed and private rounds.

Her broad experience and brilliant mind in Marketing Strategy and Business Development will help build and develop a valuable Monsterra  community while maximizing potential reach with new users, traffic, and product market matching.

Thanks to the great leadership of the core team, Monsterra's team of 50 people can work together and dedicate ourselves to achieving success. Above all, we build a long-term vision and share a deep passion about P2E games together. The whole have spent months conducting research, investigating the market and analyzing existing games to be able to design the best product with attractive gameplay, balanced in-game economy and magnificent graphics.

4. What are the main advantages of Monsterra NFT Game for the user, compared to a similar project from a mainstream financial market?

With Monsterra, our team strives to deliver a revolutionary P2E game that transforms existing Play-to-earn games into the fun zone.

For gameplay, we assure that Monsterra is the most addictive game till now in the blockchain field with the following USPs:

• Unprecedented Breeding Mechanism: Players can create new animals with different figures by breeding 2 random entities of in-game creatures. Monsterra character set, therefore, will be unique Mongens collectibles with infinite diversity.
• Unique Land Shaping and Customization Mechanics: Gamers can customize their own lands to create different shapes. This elevates the individuality and uniqueness in each player’s land.
• Varied Land Theme: In Monsterra, it is easy to modify land themes according to different seasons  (Mid Autumn Festival, Halloween, Merry Christmas or Lunar New Year etc). The brand identities of Monsteras’ partners (investors, marketing partners, etc) can also be embedded in the land plots.
• Earning while off-line: Players are able to earn when successfully attacking other player’s land, but they can also earn for successfully defending their base from an enemy’s attack, making it possible to earn even while not playing the game.

Other than that, our game has some more other points that are being designed better than other existing competitors:

• Free Play and Earn: Monsterra lets gamers play the game for free before actually spending on it. Players can experience a full-fledged core game (Collect → Develop → Battle → Collect) without any prior investment. It is for this reason, Monsterra is expected to bring the most exciting moments for playing and potential earning for a large number of gamers currently. Players can choose to use FREE assets or buy items on the Marketplace depending on their personal financial situation. When playing with free items, players can still experience all the features of the game. Yet, it will be even more fascinating for gamers with financial investment in NFTs assets. It is for this reason, we can  with confidence that Monsterra offers an equal opportunity to make a profit to all users.

Gamers using free assets or having a small amount of capital will need to spend more time and effort to farm, build an empire with wealthy properties, and Mongens while gamers spending a bigger financial investment in NFTs items can shorten the time to build a defense empire and generate profits faster when there are battles and events.

However, whether it is a small or big investment, gamers must set up their own wise strategy to maximize the profit generated. Monsterra offers plenty of interesting daily quests for free and low-capital players to be able to engage in. Everyone can entertain and earn as much as they can.

• Prosperous Monsterra Universe: Rich & Diversed Ecosystem of 8 Components (Gameplay, DAO, NFT Marketplace, Event, Guild Portal, Mini Games, Bridges and Mons TV)
• Anti Inflation Mechanism (NFTs & Tokens): We create in-game financial balance mechanisms including for tokens and NFTs. Users are publicly disseminated MSTR and MAG tokens for the purpose of spending and earning in the game and can come up with their own learning strategies. Additionally, we adjust and balance our mint / burn token mechanism regularly in the game to ensure a sustainable economy. NFT assets are limited by rarity and controlled by our financial simulation with tokens.
• Multi-trending chains Integrated: Now we are ready for BNB Chain, Avalanche, Terra and in the long run, we will partner with trending chains that bring as much value as possible for our gamers.

5. What is the Security Strategy of your project?

To further develop a better version of the cryptocurrency market with the highest level of security, we already had chosen Certik— the leading security-focused ranking platform — to perform extensive audits on our project. The audit is successfully evaluated. It is our honor to declare that our smart contracts are all secured. The report is published here:

https://www.certik.com/projects/monsterra  

Apart from Certik, we continue to audit with other partners. Currently, we are auditing all Smart Contracts with Securichain and performing backend audits. A third party audit can be conducted to increase security.

Organize Bug Bounty programs with great prizes to encourage the community to find vulnerabilities, as well as raise awareness of the project.

Even without a Bug Bounty program, users who report bugs and threats always receive a great reward to motivate them to do more. As a result, a mentality of active participation is created while reporting bugs to receive rewards rather than silently profiting from bugs.

Our team not only offers direct security solutions, but also tools for early and timely detection and tracing the cause of incidents. Off-chain tracking solutions to alert when large fluctuations occur in in-game cash flow is an example. Similarly, a withdrawal delay based on withdrawal amount can also be a solution for the team to find anomalies and security holes with large, suspicious transactions.

6. Let's say I want to start using Monsterra NFT Game. Where do I start? Where can I find some how-to guides?

• To start playing Monsterra, just visit here: https://play.monsterra.io/?src=pns
• Here is our suggested guideline for newbies: https://docs.monsterra.io/
• Besides the hard-working CS and admin team who are always enthusiastic to support through the community Telegram chat or Ticket submission in the system, members or gamers are also very active in feedback and sharing strategies so that new users can get started. head immediately. Join now!

Please access and join our all channels to keep updated with all announcement & information:

Website | Twitter | Telegram chat | Announcement |Facebook | Medium | Youtube | Tiktok  

The mainnet of the game has been launched since August 25, 2022 with 4 of total 8 components available, our users can join and experience with the support of Monsterra Team 24/7:

1/ Gameplay: https://play.monsterra.io/?src=pns

2/ DAO: https://dao.monsterra.io/

3/ Marketplace: https://marketplace.monsterra.io/

4/ MonsEvent: https://event.monsterra.io/

5/ Portal Game: coming soon

6/ Bridges (for multi chain): coming soon

7/ Guild Portal- a powerful management tool with no fee: coming soon

8/ MonsTV: coming soon

The project side is also constantly updating with full information and instructions at:

👉 Trailer Video: https://www.youtube.com/watch?v=p0IP4Oajxxc

👉 Gameplay Teaser: https://www.youtube.com/watch?v=GnYHd-RHI_g

👉 Whitepaper: https://whitepaper.monsterra.io/

7. Why did you decide to migrate/build on the BNB Chain?

As everyone knows, BNB is the most popular chain today with a large number of users and gamers with the advantage of cheaper fees compared to other chains, so Monsterra chose BNB to develop the game to create an easily accessible mechanism to play free and experience the game with the best mechanics. Most of the hot game series are being deployed on BNB so we can minimize the risks for users when launching the game.

The fact has proven that the first step is extremely right with impressive tractions in the first week of mainnet launch including:

✅ 50,000 gamers with average CCU rate 5,000 users at any time

✅ 99% good feedbacks about the gameplay

✅ ~$750K MSTR Staking in DAO Treasury

✅ Top 4 most outstanding gamefi projects on BNB chain by Dappradar

(https://dappradar.com/rankings/protocol/binance-smart-chain/category/games)

✅ Top 2 Most Searched Games (24h (https://playtoearn.net/trending-blockchaingames))

✅ Top 2 Treasury Boxes on Binance NFT Marketplace (https://www.binance.com/en-AU/nft/home) based on trading volume (Tab Mystery boxes)

✅ 1898% increase on social growth

✅ $ 2M MSTR Daily Trading Volume & Transaction by CMC (https://coinmarketcap.com/currencies/monsterra/)

✅ 30K+ $MAG Trading Volume & Transaction

✅ 550K Trading Volume and 20K transactions in $MSTR on NFT Marketplace

In addition, BNB Chain is also very careful in observing and supporting reliable, potential projects under strict vetting process and in-depth advice for long-term development. These timely actions both protect users on the vast ecosystem of BNB Chain and help complete projects, have more opportunities to gain wider access to a huge user base, expand the partners network quickly and speedily along with the opportunity to maximize the value and benefits of gamers through the Gas Free Program, Incubation or MVB V, etc

All of this has further cemented the role and value of BNB Chain in the global blockchain ecosystem and Monsterra appreciates BNB Chain's immense efforts.

8. What do you hope to see next from the BNB Chain community?

As a promising NFT Game project in the BNB Chain ecosystem, we hope and believe that in the near future BNB Chain can support and help many projects, not only Monsterra, by:

• Incorporating more realistic programs to support projects and users of BNB Chain such as Gas Fee Incentives, MVB, Incubation, etc. to support the BNB chain.
• Promoting the chain's co-operation via co-marketing with the project to increase visibility and emphasize the benefits for the users
• Introducing project to Binance Labs’s evaluation for future funding rounds

Hosting more offline and online events in Vietnam and worldwide thus creating and having more space for VCs, Projects and Crypto Enthusiast to get closer and go further with the networks & all projects on it.

9. Where do you position your brand in the DeFi/NFT/GameFi / Metaverse space?

In about a more than 8-month journey, we received many objective reviews and expectations from our investors and our gamers. They particularly enjoy Monsterra's gameplay and business model, and believe that our team has the potential to make it the largest game in the industry and become a star of the year.

As for the Monsterra team, we believe in the team's ability and believe in the long-term development direction in the next 2 years. As of now, we become one of the top Gamefi projects on the BNB chain, then the top multi-chain project on other chains. Why so? Our development and formation were long enough, longer than other blockchain game projects, especially after the downtrend in crypto and gamefi, we still achieved outstanding results which rarely has a game achieved such a level. So there's no reason why we can't conquer more peaks with great support from the BNB Chain and our users.

10. How can GameFi users get started with your product?

To start playing Monsterra, just visit here: https://play.monsterra.io/?src=pns

Here is our suggested guideline for newbies: https://docs.monsterra.io/

11. What are the benefits of interacting with your Play-to-earn model?

If playing Monsterra, our users can:

• Choose whether to play for free or invest based on their personal finances
• Build their own empire, set up their own strategy, and build their own ROI Strategies.
• Experience the fascinating game series with many battle mechanics and different reward pools
• Have more Earnings from 8 components of the Mons ecosystem that share same tokens ($MSTR & $MAG) and NFTS assets
• Have greater control over the game, and many rights to influence its development and construction in the future

12. Please share with us your testimonial on BNB Chain, which may be featured on the accelerator fund website and in marketing materials.

Through actual data and proven track records in our 8-month journey, Monsterra has been trusted by BNB Chain to be highlighted as one of the most prominent projects on the prestigious Top 1 community-driven, open-sourced, and decentralized ecosystem in blockchain space. Some remarkable milestones include:

• Amazing traction: 150,000 gamers playing our game till now ( 1.5 months launching), CCU rate at 6,000 users at anytime
• 99% good feedbacks about the gameplay
• One of Top monthly star Dapps on BNB Chain
• Fundraising of $2M led by Hashed, Huobi Ventures, Shima Capital, Salad Ventures and more than 50 partners globally
• Mystery Box Sale on Binance NFT Marketplace on Feb 7 with 20,000 boxes were sold out in 10s. Followed by another hit of quick sellout for 900 boxes on GameFi, Metverse Starter within 1 hour.
• Special NFT Trading Promotion Campaign & Rank Top 3 of Trading Volume on Binance NFT with the Top 1 NFT gainer on Binance NFT in March, 2022
• Successfully raise $400K at IDO on Poolz, GameFi, RedKite and then list on PancakeSwap, MEXC

We believe that with the companion and support from BNB Chain, Monsterra will have more opportunities to reach out to the community of BNB lovers around the world, drawing more real gamers to our well-structure gameplay & ecosytem with various components, and delight them with a gaming experience that exceeds expectations.

In addition to early access to information & programs from BNB Chain to allow users to play more conveniently, have more fun, reduce costs, the project will also receive social & community promotion support from the vast growing ecosystem of BNB. At the same time, Monsterra NFT Game also expects to have more co-hosted events and activities to reach out & in more deeply to community members with valuable and official information from reputable sources.

Last but not least, Monsterra will take advantage to exploit the extensive programs including “Gas Fee” program mimimizing transaction fee or submission for MVB VI and Incubation programs of 2022–2023. We also expand partnership network with BNB Chain’s support to bring a rich & diverse utilities for users with very reputable names in the blockchain world. There are many great things waiting our the sustainable journey, we have been ready with all resources and team force for the exposure with special activities in the near future.

13. Roadmaps, whitepapers and all/any relevant link to attach

We have updated our roadmap with a lot of product development, component schedule and marketing stuffs on our whitepaper and received the good feedback of our community https://whitepaper.monsterra.io/roadmap/2021-2024-roadmap.

An explosive and potential project loved and supported by the community always faces many risks in the vast blockchain ecosystem. Please ensure that users and gamers always receive official and official information from the project's official communication channels according to the following links:

• Website: https://monsterra.io/
• Twitter: https://twitter.com/Monsterra_P2E
• Telegram Group: https://t.me/monsterragame_chat
• Telegram Channel: https://t.me/monsterragame
• Discord: https://discord.gg/c3V9jbQDFe
• Medium: https://medium.com/@monsterra.io
• YouTube: https://www.youtube.com/channel/UCjTCP6BkSrPS5bDs0JkJBjg
• Facebook page: https://www.facebook.com/Monsterra-P2E-Game-100591379141319
• TikTok: https://www.tiktok.com/@monsterra_nftgame

14. Is there any upcoming events?

We are expecting to implement many additional deep and close activities in the ecosystem of BNB Chain, Monsterra also constantly develops and perfects products in parallel with marketing activities with global partners, especially reputable gaming communities around the world.

After the mainnet on August 25, 2022 with a series of exciting events season 1 with Adventure PvE Mode & The Mid-Autumn Festival, Battle Front officially launched on September 22, 2022 with many attractive prizes in a much hotter series of events. In this battle mode, players will lead their Mongen armies to raid other players' lands to "rob" the resources of the opponents. A series of events in the Battle Front Campaign are taking place as below:

1. TOP 10 MSTR Spending

2. MSTR Accumulative Spending Event

3. Weekly Raffle Event

4. MAG Accumulative Spending - Season 2

5. Staking Event

6. Referral Competition

And many other events with detailed information are constantly updated on https://event.monsterra.io/

More specifically, at the end of September and the beginning of October, the project is also preparing to launch  Mobile Application version on Android and IOS that allows players to freely play anytime, anywhere along with an impressive guild portal & Halloween event. Make sure to follow & keep updated with us to miss no latest information and events ahead.

Also, in next 3 months at the end of 2022, we will unlock other components in the ecosytems including:

• MonsTV
• Guild Portal
• Mini Games
• Bridges
• 2 more battle modes

15. Can we talk about the tokenomic model?

To minimize inflation, we also built the governance of the in-game economy through a dual token model, MSTR as the primary token with a limited supply of 100 million tokens and MAG as the in-game reward token with the unlimited supply. We do have a Smart Token Burning Mechanism to maintain the token supply and burning amount with a design of various tokens utilities and NFTs fusion sets (for both Mongens and lands). They will play the key role as anti-inflation mechanisms that help guarantee sustainable growth in the long run. The vast and rich ecosystem in Monsterra will develop a lot of token utilities to discover, spend and earn.

More details about MSTR & MAG spending, earning and burning mechanísm: https://whitepaper.monsterra.io/token-and-tokenomic/mstr-and-mag-tokens/mstr-token

One more important update with the burning & minting mechanisms of MAG and MSTR as below:

MAG: burn/mint is done by the following mechanism:

• At the end of each month: If the amount of $MAG being staked on the DAO is less than that figure in the Staking contract ==> The total amount of surplus tokens will be burned
• At the end of each week or in this case: If the amount of $MAG being staked on the DAO is higher than that figure in the Staking contract==> $MAG will be minted to maintain the user's token withdrawal process.

MSTR minting & burning mechanism:

• The burning mechanism will be deployed on a monthly basis
• The total game revenue will be divided into 3 main streams and allocated to: Development Fund, Shared revenue incentive to the community in DAO Treasury, and Token Burning. The burnt tokens will be announced on the 16th-18th of every month along with the transaction hash.

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