On September 29 , CryotoRank held an AMA for Ryoma in their community. Ryoma CEO Yamaguchi Yu was the guest tonight. Lots of questions from the community about our progress.
Our team took part in a very interesting AMA session which included introductions, questions from twitter, and a live AMA session with the Crypto Library community. If you missed the AMA in person, read this recap for a deeper insight into Ryoma.
Let’s take a look at the most interesting points of the conversation.
Part I. Introduction
CryptoRank Team: Welcome Yu Yamaguchi! Could you please tell us more about yourself and your experiences?
Yamaguchi Yu (Ryoma) :Hello everyone, I’m Yamaguchi Yu . I was an e-sports enthusiast at the beginning and later joined the e-sports team. The Pro E-sports Team 野良連合. I led performed well in a lot of major international e-sports competitions, and eventually became one of the best esports team in Asia. Then I created PACkage, the company with the largest traffic within Japan’s game field, leading more friends to join the e-sports industry.
Inspired by some of our good friends, we have participated in the production and maintenance of the Bakumatsu (Ryoma) project. Now I’m the CEO of Ryoma.
CryptoRank Team: What is Bakumatsu Finance? And how does it work?
Yamaguchi Yu (Ryoma): Bakumatsu Finance is an aggregated gaming, game launching, and asset-transaction platform, so-called GameFi DAO. Within Bakumatsu Finance, you can enjoy games with the Game Center, trade game tokens with BakumatsuSwap, trade game props, mint and sell personalized NFT in the virtual store. Through NFTs, RYMA token, and Token X-, Bakumatsu Finance has provided a one-for-all solution for gaming tokens, serving the entire gaming ecosystem and enabling each of this ecosystem’s participants.
CryptoRank Team: Where did the inspiration for creating and developing Bakumatsu Finance come from?
Yamaguchi Yu (Ryoma): This year, as the price of BTC continues to climb, more and more high-quality blockchain projects stand out. At the same time, the game industry is also exploring blockchain. Especially, this year, the concept of Gamefi has impressed many game industry practitioners a lot. This is because it is interesting- the P2E approach is very good to the C-side, while it also empowering a lot of B-side companies with great opportunities.
Ryoma aims to become the Gamefi DAO for game development, distribution, and item trading. Ryoma NFTs are the equity licenses of the platform, and Ryoma Token is the functional token of the platform. GameFi will continually build financial infrastructure for the future, while Ryoma will also open a door to the metaverse for users by creating a complete GamefiDAO.
The advantage of our design is providing a P2E game way to gamers, which offering considerable profits while playing the game. When our users want to earn more rewards, they need to play different games within Ryoma’s ecology. In this way, the traffic problem of game producers will be solved.
CryptoRank Team: Could you briefly describe the milestones Bakumatsu Finance has achieved, and about your upcoming plans?
Yamaguchi Yu (Ryoma): As a milestone, we got hot positive feedbacks from the market once lauching the project and finished our $20m worth of crypto financing in Japan within a short time. This made us realize the craziness of the market and how attractive Ryoma is in Japan.
Upcoming Plans :
Over the next several weeks or months, we will widely collect feedback from our community, launch Bakumatsu Finance 2.0, and launch three games (RPG, card, and business). We will try our best to provide an excellent user experience while at the same time we will also introduce more of Japan’s broadly influencing IPs and empower Bakumatsu Finance.
Let me tell you some more good news. Ryoma will officially work together with the popular Japanese actress 桃乃木かな(Kana Momonogi, Twitter@Kana_Momonogi). Soon we will launch a big campaign with her, and give a great bonus to our users. Stay tuned!
CryptoRank Team: What about long term, where do you hope to see Bakumatsu Finance in 5 years?
Yamaguchi Yu (Ryoma): Our goal is to get at least 8 million users and 500+ gamefi teams which launch their games on Ryoma, in 5 years.
Part II. Twitter Session AMA
CryptoRank Team: Q1 from twitter user @CMonster54
With which feature do you plan to bring innovation to the sector?
Yamaguchi Yu (Ryoma): The field Bakumatsu Finance focusing on is Gamefi. Our biggest advantage is the business model we’ve designed in Ryome. With that, we will bring innovation to the sector.
Bakumatsu Finance is a blockchain game application exploration that combines NFT and DeFi ,
1 ) Bakumatsu Finance’s economic system consists of homogenization Token X and NFTs(weapons, props, and other non-homogeneity assets). Interactions can be freely achieved through BakumatsuSwap and the virtual store. Users can participate in asset liquidity mining in BakumatsuSwap to obtain RYMA tokens.
2 ) The NFTs we will launch will not only be for collection and transferring properties. Their practical-use values will be reflected through the game. We will also develop a series of different types of games around these NFTs to increase the varieties of Bakumatsu Finance and amplify the concepts of metaverse or Gamefi. As a result, the playability and profitability will reach a balance and the players will also have more Play-to-Earn options.
3 ) In order to increase the liquidity of NFTs, we’ve also set up an automatic blind box auction system and a lending system.
4 ) Ethereum network’s congestion problem makes its gas costs remain at a high level , which has become an important reason restricting its development. Before it completes its ETH2.0 upgrade, we will provide solutions based on ZK-Rollup Layer2, providing users with a low-loss, high-performance experience.
Our products support C- end and B- end users to obtain the resources or benefits they need on the platform simultaneously. In the future, we will open the Gamefi mining pool, through which game producers can release the game through Ryoma and open their game tokens mining pool at the same time. Users can earn game producers’ tokens(Token X) through playing the game. Once hold Ryoma and game producers’ tokens(Token X), participation in liquidity mining will be allowed. Such a model can guide users to play games, quickly bring a large number of players, and at the same time enable players to make profits through the P2E model. This win-win model will be the most popular business model in the future.
CryptoRank Team: Q2 from twitter user @baitulshuvo
Do you have any plan to partner with big exchange this year?
Yamaguchi Yu (Ryoma): 👍Yes, we’ve been approached by several super exchanges. We’ll choose the proper one as our partner. And get listed on big exchange when we’re ready. Please keep following us for future updates.
CryptoRank Team: Q3 from twitter user @dead_evild
Where I can get the latest updates or more information #Bakumarsu…. about the project?
Yamaguchi Yu (Ryoma): We have social media for fans to get the latest information:
Telegram group: https://t.co/A8iJyK3tdx?amp=1
Part III. Live Questions
In this part, we have received hundreds of questions within 2 minutes!!! So many English spoken people care about us! So many further questions have been asked at that time. Yamaguchi San finally chose 5 questions to answer.
Q1: Have you been listed your tokens on any decentralized or centralized exchange if yes where can I invest and buy tokens from?
Yamaguchi Yu (Ryoma): Fans of us get $RYMA listed on uniswap, but it shouldn’t be considered as an official decision :)
Q2: Ambassadors play a very important role in every project, Do you have an ambassador program? If yes, how can I be one ?
Yamaguchi Yu (Ryoma): Yes, we have planned for that. It’ll be announced few weeks later. DM me with your profile then let’s talk further :)
Q3: How Do you planning to promote your project in different countries, wherein English is not spoken well? Do you have a local communities for them to better understand your project?
Yamaguchi Yu (Ryoma): We’ll recruit localized ambassadors and build localized communities. All the community members will get rewards by making contributions to the project :)
Q4: Who are your biggest competitors now? What are the advantages that your project can beat competitors?
Yamaguchi Yu (Ryoma): I think that GALA may be our biggest competitor for now. As a Japanese team, we have greater advantages for the design of the business model comparing with other GameFi teams. Our products support C- end and B- end users to obtain the resources or benefits they need on the platform simultaneously. This win-win model will be beat my competitors.
Q5: How old is Your project? What are the major plans ahead? Could you show to us image of your roadmap?
Yamaguchi Yu (Ryoma): Ryoma is a new Gamefi project, established within a year. Our major plan is to launch more games on Ryoma and start more games’ liquidity mining pools.