Mr. William Nguyen, Chairman of KBG Studio, took part in a live AMA at the KoinSaati’s Telegram Official Group on July 7th, 2022.
He got the opportunity to thoroughly introduce Runnow.io to the community, respond to questions about the project, go through the project’s future objectives, and much more during this session. This blog post serves as a recap of the live AMA session and includes the queries submitted by the community and William’s replies.
Part 1: Introduction
Kripto Piggy | KoinSaati: Hello everyone, KoinSaati family, William Nguyen @WilliamKBG the Chairman of KBG Studio of Runnow.io is with us today for the AMA (Ask Me Anything) Event. Welcome, how are you?
William Nguyen: I’m William – Chairman at KBG Studio – a gamefi art and development studio. Nice to meet you all.
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!
Kripto Piggy: For KoinSaati followers who have not met with the Runnow.io project yet, could you briefly explain what is Runnow.io and its objective?
William Nguyen: 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 milestone we make.
Kripto Piggy: What are the features that makes Runnow.io unique? What are the similarities and differences of Runnow.io with similar projects? How do you intend to compete with STEPN?
William Nguyen: 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.
We believe our above differentiation will set us apart from other similar projects and STEPN. You should join as soon as possible so as not to miss this opportunity.
Kripto Piggy: Do Runnow.io project users, need an initial investment in order to participate to ecosystem? Also Can you please give us more details about Runnow.io NFTs?
William Nguyen: Users need to purchase an NFT Sneaker/Bicycle/Swimwear to participate in game modes and earn with Runnow.io. However, you can also join for free with our Free to Play/Free to Earn modes.
With Free to Play, you can quickly create an account and log in Runnow.io App to practice and record daily exercise results for free.
With Free to Earn, lucky participants in the Airdrop Gift Code event can get a Gift Code to complete a quick workout challenge in order to unlock the Mystery Box. Users will either receive a gift of Sneakers, a Bicycle, or Swimwear once they open the Mystery Box (this is not an NFT and has a limited life circle), then practice to earn.
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Runnow.io offers four levels of NFT Sneakers, each suitable for different runners’ fitness needs and professionalism.
Beginner Sneakers allow you to run between 1 and 6 km/h, while Joggers enable faster speeds, at 4-10 km/h. Runners are higher-level sneakers in which you can run from 8 to 20 km/h. Super Stars are the most powerful sneakers which permits a 10-20 km/h run and highest earnings.
Depending on the level of Sneakers, you will earn different number of RUNGEM (reward token). The higher Sneakers levels, the higher earning rates.
Each pair of sneaker will cost you 12 Energy to start exercising with the earning rates of 80, 100, 120, 140 RUNGEM respectively. You can increase the earning rates by upgrading your NFT to higher levels (1 to 30) or breed 2 NFTs to get a rarier one.
NFT Sneakers will be sold in the form of Limited Mystery Boxes. You can buy NFT Sneakers at the discounted price when joining our upcoming INO on July 10.
Moreover, you can join in our Whitelist for a chance to receive a guaranteed INO purchase: runnow.io/whitelist
Kripto Piggy: Can you explain us about the areas of the utility of $RUNGEM and $RUNNOW token? What are the benefits and advantages it will provide to the users?
William Nguyen: 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 Attribute.
Kripto Piggy: We would like to hear your views on Runnow.io’s future plans and roadmap. What kind of news we may hear from Runnow.io in the upcoming period?
William Nguyen: 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.
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/
Part 2: Live questions
Question 1 from @omrd7: Are there different income methods other than earning by exercising in our application?
William Nguyen:
1. Earn from the upgraded NFTs: You can upgrade your NFTs to higher levels (from 1 to 30) and increase earning rates
2. Earn from the minted NFTs: You can get a new, rarer NFT through minting and earn more from them
3. Earn from NFTs Lending & Leasing: You can Lend/Lease your NFTs to others using either the standard retail or profit-sharing methods
4. Earn from Staking & Farming NFTs: You can Stake and Farm NFT Sneakers to receive attractive interest rates
Question 2 from @cindy0666: “One million steps for a healthier world” is an excellent vision. But how are you going to get people to accept this, mostly sitting in front of the computer? What and what incentives do you have to get them out of their seats? Do you have an app like STEPN?** an app like STEPN?
William Nguyen: 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.
Question 3 from @tilkiandreyy: Currently, the market situation is very volatile, the price of tokens has dropped drastically. What will #KBG do in this volatile market because the market is constantly fluctuating How can the KBG team turn this negative environment in their favor?
William Nguyen: Currently we are in the downtrend season.
We have prepared for this season and have a full development roadmap ahead to work on, you can check out our roadmap here.
Our focus is on building the best product for users and promoting long-term values to the society, so the project is developing according to our plan.
Question 4 from @conroyclark: If there is a list of sports fields offered by Runnow io, could you share it with us? How many different game modes does Runnow io offer? Do I need to buy an NFT to start Runnow?
William Nguyen: About the sports, we got running, jogging, cycling, swimming, yoga, etc,… There are 12+ Play Modes for users to participate and earn RUNNOW/RUNGEM tokens.
Users need to purchase an NFT Sneaker/Bicycle/Swimwear to participate in game modes and earn with Runnow.io. However, you can also join for free with our Free to Play/Free to Earn modes.
Question 5 from @Tolgaafyon: Can you give information about which chain your project is running and whether it has been audited or not? Also, can you talk about what overwhelmingly superior features your project has compared to competing projects?
William Nguyen: We are running first on BSC, and will support multichain in the future.
And you know, 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.
About the superior feature, we are very confident with our Mara Runnow feature. It’s gonna be a big buzz.
Closing
Kripto Piggy: Thank you everyone who participated and thank you William 🤗. It was a pleasure to host you here. We’d love to talk to you again. We wish you continued success. @WilliamKBG
William Nguyen: Thanks for this AMA section everybody
If you would like to know more about Runnow.io, please visit:
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