On July 8th, 2022, Mr. William Nguyen, Chairman of KBG Studio, has participated in a live AMA in the GemMouse Telegram Official Group.
In this session, he had a chance to share with the community a thorough introduction about Runnow.io, addressed concerns about the project, discussed next goals, and much more. The questions posed by community members and William’s responses are included in this blog post, which also serves as a summary of the live AMA session.
Part 1: Introduction
🍀Min Thắng🍀
Question 1. can you explain a little bit about Runnow.io and what makes it different from another Project?
William | KBG Studio
Okay first, let me briefly introduce myself:
I’m William – Chairman at KBG Studios – a gamefi art and development studio.
I am a serial entrepreneur with vast experiences in over 20+ technology businesses and several industries. My aspiration is to adopt the newest technology in management and financial activities on a global scale
It is my honor to be here to introduce Runnow.io – a promising Move & Earn project that my team and I are passionately working on!
Runnow.io is a Lifestyle Gamification – Move & Earn project developed by KBG Studios. With a vision “One million steps for a healthier world”, we want to build a healthier, inclusive, and sustainable world where people not only take care of themselves but also care for others.
With that in mind, Runnow.io encourages people to take steps in daily exercise and participate in social activities. Not only do users improve their physical health and earn valuable in-game rewards, but they can also connect with communities worldwide and join in regular social activities to support those in need.
Balancing between market trends and our vision, Runnow.io will constantly innovate and upgrade many unique features for users to join and support the community: Runnow Man Tournament, Catchup Runnow Go, Donation, Sleep & Earn, Learn & Earn, etc. This is our long-term commitment that will be attached in every step and mileston we make.
About the differentiation:
First, different from many other projects focusing on only one sport (running), Runnow.io offers diverse sports, including running, cycling, swimming, gym, yoga, sleep, and more. As a result, users have multiple choices when choosing NFTs to start and play modes to earn.
Second, it’s easy to play and earn a lot in Runnow.io. There are 12+ Play Modes for users to participate and earn RUNNOW/RUNGEM tokens. With diverse NFTs collections, you can freely trade, sell, lend, lease them for more profits. Tournaments and challenges will be open soon to engage the whole community. Here is a sneak peek: Mara Runnow (for running), Tour de Runnow (for cycling), Swim with Runnow (for swimming), Runnow Man Tournament, and much more.
Also, we will cooperate with NGOs and social communities to organize regular activities for people to join and support those in need. Runnow.io wants to build a healthier, inclusive, and sustainable world where people not only take care of themselves but also care for others.
Moreover, Runnow.io will be an expansive ecosystem with endless growth opportunities. We will launch a Metaverse of NFT Games and release our own NFT Marketplace, SocialFi, DAO, etc. for you to trade and connect with other users.
🍀Min Thắng🍀
Question 2. Can you please provide some information about your Roadmap and how is Runnow.io progressing so far?
William | KBG Studio
Sure
To achieve a vision “One million steps for a healthier world”, we have outlined a clear path of product development and community growth for Runnow.io.
In July:
On 10-22/07 at 9 AM UTC, we are going to INO 10,000 Limited Sneakers Boxes on multiple launchpads. You can buy NFTs at a discounted price as soon as possible.
On 14/07, users can Open Box/Trade NFT and join Beta Testing of Runnow.io Mobile App. We will also list RUNGEM token on the same day and go on Mainnet (16/07) with two features: Workout and Free trial Sneaker.
IDO is scheduled on 30/07, following by RUNNOW token listing in August.
In August, users will be able to mint NFTs to get a new, rarer one and participate in a new Running mode – Mara Runnow.
In September, multiple play modes will be released, including Workout & Leaderboard for Cycling, 1 vs 1/Team vs Team, Daily Quest, and Stake, Exercise & Earn. We will introduce a new sport – Cycling and NFT Character, Land, Gem as well as sell Limited Boxes by RUNNOW token.
Moreover, we will support multichain and finish wearable device API with iOS & Android. We are also planning to launch Runnow SocialFi within the GemUni Platform.
About the wearable device:
We gonna have a BIG NEWS this month. The collaboration with famous global brand of wearable device. Keep watching!
In Q4/2022, we will introduce New Anti-Inflation Mechanics and the third sport – Swimming – with its Limited NFT Swimwear Boxes.
More modes will be accessible by users: Tour De Runnow (Cycling), Swim With Runnow (Swimming), Runnow Man, Sleep & Earn, Donation, Catchup Runnow Go.
Runnow DAO will also be released through GemUni Platform in this quarter. That’s a lot of work, and our team is doing hard to make it happen. For the latest updates, please visit our website: https://runnow.io/
🍀Min Thắng🍀
Question 3. Can you tell us about your token metrics and what incentives are available to investors when buying $RUNNOW tokens?
Thanks for the question.
There are two main tokens in Runnow.io: $RUNNOW and $RUNGEM.
$RUNNOW is our main token. You can use to buy NFTs, upgrade NFTs level, mint NFTs, vote DAO, and Staking & Farming.
$RUNGEM is a reward token. You can use it to upgrade NFTs level, and also mint NFTs to get a new NFT Sneakers. It can also be used to repair Sneakers, buy Food/Fashion – PVP Fee, and Reset Attributes.
Stay tuned to our IDO at the end of July!
🍀Min Thắng🍀
Question 4. A lot of projects are always talking about their strengths, while their token or coin prices are always going down. As one of the leaders of Runnow.io, would you dare say the difficulties that Runnow.io is facing and how long it will take to overcome it?
William | KBG Studio
Absolutely!
Currently, we are in the downtrend right now and a lot of projects are affected. However, the downtrend market is also when quality projects appear on the market. We have prepared for this season and have a full development roadmap ahead to work on.
Also, we are confident about the values that Runnow.io brings to the community, benefits for investors in a time when most people’s investments are at a loss. Hope we do our best to bring the most profit to you.
🍀Min Thắng🍀
Final question for phase 1.
Question 5. Can you tell us if $RUNNOW has been audited? as we know, smart contacts are very vulnerable to attack and to do check cost a lot of money. So can you tell us a little bit about that, because investors need to know?
William | KBG Studio
Sure
We are being audited by Verichains – one of the most high-quality blockchain development and smart contract security audit services. It once fixed the Ronin Bridge from Axie Infinity and we are very confident to have our project protected by them.
Part 2: Twitter Questions
🍀Min Thắng🍀
Question 1. The biggest challenge facing projects right now is related to the current market conditions. So, can you explain the reasons why users and investors should participate in the long-term development of the #KBG_Studio ecosystem?
William | KBG Studio:
Good question.
As I metion above. The downtrend market is also the opportunity. You know, we have prepared for this season and have a full development roadmap ahead to work on.
You can check out our roadmap here. We are confident about the values that Runnow.io brings to the community.
🍀Min Thắng🍀
Question 2. Security is the top concern of every project. But currently, a lot of tokens and blockchain have been hacked, so what security mechanisms does Torekko have? And do you have insurance for users?
William | KBG Studio
Okay, we are being audited by Verichains – one of the most high-quality blockchain development and smart contract security audit services. We will update this information soon
Before full launch, we also have multiple rounds of testing and getting feedback through the internal Alpha testing.
We will also open Beta Test for users to try out the Runnow.io app and collect feedbacks for continuous improvement.
🍀Min Thắng🍀
Question 3. Partnership is similar to a supplement in that total effect is greater than the sum of its parts.Can you list a few of your recent collaborations that could benefit @KBG_Studio games? Is there any possibility of a cooperation in the near future?
William | KBG Studio
It’s a great question.
We are doing partnership with the leading tech and blockchain businesses at both local and global scales. A few names are:
(1) A leading global provider of information and communications technology (ICT) infrastructure and smart devices (will announce soon);
(2) BSClaunch – the smart platform for top-tier projects reach to the world;
(3) BoxTradEx – a crypto-platform with forward-looking concept firstly based on security and legal compliance.
We are also in talks with other globally renowned partners and will announce to the community in this month.
🍀Min Thắng🍀
Question 4. About your NFTs, Can you explain further about the utilities of these NFTs within your platform? Are they meant to be held as simple collectibles or will they have additional benefits? Also, will you have your own marketplace to sell and buy the @KBG_Studio NFTs?
William | KBG Studio
Of course.
Our NFTs have multiple utilities for you to earn:
- Earn from participating in 12+ gameplay modes: Free to Play/Free to Earn, Workout, Leaderboard, Daily Request, Mara Runnow – Running, Challenge Mode, and more
- Earn from the upgraded NFTs: You can upgrade your NFTs to higher levels (from 1 to 30) and increase earning rates
- Earn from the minted NFTs: You can get a new, rarer NFT through minting and earn more from them
- Earn from NFTs Lending & Leasing: You can Lend/Lease your NFTs to others using either the standard retail or profit-sharing methods
- Earn from Staking & Farming NFTs: You can Stake and Farm NFT Sneakers to receive attractive interest rates. And much more.
About where to buy the NFT:
Runnow.io NFT Marketplace will be launched on July 10 for users to buy INO. Get a guaranteed spot by joining our Whitelist today: runnow.io/whitelist
🍀Min Thắng🍀
Question 5. @KBG_Studio developed game RUNNOW has DUAL TOKEN SYSTEM which is $RUNNOW and $RUNGEM. Kindly tell me the utilities of both of them? How do they complement each other in the growth of your Ecosystem?
William | KBG Studio
Okay, we have a dual token system, which are $RUNNOW and $RUNGEM.
$RUNNOW is our main token. You can use to buy NFTs, upgrade NFTs level, mint NFTs, vote DAO, and Staking & Farming.
$RUNGEM is a reward token. You can use it to upgrade NFTs level, and also mint NFTs to get a new NFT Sneakers. It can also be used to repair Sneakers, buy Food/Fashion – PVP Fee, and Reset Attribute.
Part 3: Telegram Direct Questions
Q1: Can you explain, which is your top priority? Security, product, partnership, or token value? Thank you very much for answering my question
Answer:
Product is our top priority because with a good product, we will be able to bring more practical values to the community, establish many well-known partners and achieve our long-term vision. By focusing on product, we will gain trust from users and the token price will also increase.
Q2: Are you afraid some day there will be another project with more innovative technology can replace your project. SIR please Ans my question …??
Answer:
We think technology is the core to any blockchain projects but that’s not all. A good product not only needs technology but also earning mechanism that brings values to users and creates a better world.
Q3: Do you allow suggestions and feedback from the community? Are we allowed in decision making, do you put community into consideration?
Answer:
Definitely. Community feedback is crucial for us to learn what to improve and build up the Runnow.io platform into a better version every day. Thanks to our community that we can continue to grow and thrive in the future.
Q4: Is your project only for English speaking countries or is there a community for other language users?
Answer:
Not only the English-speaking communities, we are focusing on Vietnamese and Turkish markets.
Also, we do have plans to expand to other markets such as Russia, Japan, etc. They are already on our Roadmap, just with the different level of priority. So please stay tuned to our updates!
Q5: Where I can get the latest updates or more information about the project?
Answer:
Please follow our offical social and community channels for the latest updates:
Website: https://runnow.io/
Twitter: https://twitter.com/KBG_Studio
Discord: https://discord.gg/A6f4rzqYT6
Telegram:
- Runnow.io Official Channel: https://t.me/runnowofficial
- Runnow.io Official Community: https://t.me/runnowcommunity
- KBG Studios Official Channel: https://t.me/kbgstudio_announce
- KBG Studios Official Community: https://t.me/kbgstudio_official
Reddit: https://www.reddit.com/user/KBG_Studio
YouTube: https://www.youtube.com/c/KBGBlockchainGameStudios
Facebook: https://www.facebook.com/kbgstudio.io/
Medium: https://kbgstudio.medium.com/
TikTok: https://www.tiktok.com/@kbgstudios
LinkedIn: https://www.linkedin.com/company/kbg-blockchain-studios/
Part 4: Quiz
Question 1: What time and date will Runnow.io launch its INO?
Answer: 10-22/07 at 9 AM UTC.
Question 2. Arrange four types of Runnow.io NFT Sneakers from the highest level to the lowest!
Answer: Super Star, Runner, Jogger, Beginner
Question 3. What is our main token?
Answer: $RUNNOW
Question 4. How many NFT Sneakers Boxes will be sold in Runnow.io INO?
Answer: 10,000 NFTs
🍀Min Thắng🍀
It’s great, thank @WilliamKBG for accompanying and answering questions from the community.
Would you like to say anything more to the community before the end of this AMA session.
William | KBG Studio
Thanks GemMouse Commuinty. Really great AMA section.
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