Reply To: Velas Army AMA With WagyuSwap Recap 27/02/2022

6. Tell me more about the points system, what are Chain Fragments?
Chain fragments are our way to incentivise you and make things fun! They also allow for fair competition hosting due to not necessarily requiring users to have good art or creativity skills to win a prize. We can set other tasks and users can earn Chain Fragments, or custom alternative points, depending on the conditions set, these can be bespoke tasks and points created for individual projects or globally as our own Chain Fragments.
They are not to be confused with tokens, they are not on any blockchain, there is no smart contract, you cannot buy them. What we promise to do though, is bring strong utility and ways in which they can benefit the holder. They are an in house points system and hold no monetary value.

7. How will you make giveaways fair when users who have been registered for a long time will have advantage over the amount of Chain Fragments they hold?
Our launch competition relates directly to the top 10 holders because in the time frame, everyone is new. In the future we have many creative ways which allow us reward users. We can for example host multiple competitions and ask for users to buy entry using a set amount of Chain Fragments. We can also offer a multiplier on top of a base reward dependant on the amount of Chain Fragments you hold.

8. Are any of the founding members affiliated with velas, Wagyuswap or any other projects?
Nope. We are just community members and investors with a passion for crypto and Velas specifically. We are all 3 working on our own projects independantly and also have plans to produce something truly amazing as a combined effort in time to come. For example, Spongebobber is the owner of Velas Dogs, so he has some exceptional skills when it comes to NFTs. Expect benefits for Chain Fragment holders when any new projects from ourselves drop. 🙂

9. How did you came up with space theme?
The idea behind the space theme was to take the futuristic approach that resembles Velas. Due to all info being currently scattered across all different telegrams etc, we came up with the story line that we as the community are lost and searching for a home. So in search through the metaverse or internet space. We found this static place we can call home. Which for the imagination is a space station / landing dock of Velas.

10. What features do you have planned for the future?
We have lots of exciting things in the think bank. One that we are considering is allowing project owners to create and lock content to only their token or NFT holders in an automated way. This can be used in creative ways to bring utility to their projects.