Q: What is the metaverse?
A: Metaverse (also referred to as MRS for short), this term consists of the prefix “meta” (beyond) and the stem “verse” (a truncated word for “universe”), which means “beyond the universe”. This term is usually used to describe a virtual universe built on the Internet, an interactive virtual sensory world composed of a 3D virtual space with sharing and persistence. In layman’s terms, just like the “oasis” of the meta-universe world depicted in “Player One”, thanks to the high degree of unity of time and space, you can almost do what you can in real life in the meta-universe. Everything, even more.
However, as far as the status quo is concerned, although the Metaverse project has gained a new life with the help of blockchain technology, it is limited by the development time and the lack of technological level, and the current Metaverse is still in the initial stage of development.
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Q: What is DeFi and GameFi?
A: The full name of DeFi is Decentralized Finance. It is a blockchain-based finance. It does not rely on financial institutions such as brokers, exchanges or banks to provide financial tools, but uses smart contracts on the blockchain (such as Ethereum) to conduct financial activities.
GameFi (NFT+DeFi+Game) is called Game Finance, which is to model the operation rules of DeFi and present it in the form of a game, and then use NFT as the props and equipment in the game. The process of playing the game is actually performing DeFi activities to obtain income. We can simply summarize the core of GameFi’s operation logic as P2E (Play to Earn).
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Q: What is the relationship between GameFi, DeFi and Metaverse?
A: In fact, GameFi can be regarded as a subset of DeFi, and DeFi can be regarded as a subset of the meta-universe. We can regard DeFi as the original prototype of a metaverse. The continuous exploration and summary of the form of DeFi has produced GameFi that is more acceptable to users. At the same time, we are also developing and trying projects such as SocialFi and ArtFi.
In short, all of this is like building a railway. DeFi is two railroad tracks, and GameFi is the first sleeper, and subsequent Fi+ projects are subsequent sleepers. With the continuous laying of sleepers, the rails continue to extend. When the track reaches the end, the railway is completed. This railway is the metaverse.
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Q: What are on-chain games? How is it different from traditional games?
A: On-chain games are the final product of GameFi and are games designed through the operating rules of DeFi. This also leads to certain differences between on-chain games and traditional games. For details, please refer to the following chart:
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Q: What is the entrance fee? Why do we need it?
A: The entrance fee is the cost of the blockchain games ticket (NFT), and the ticket is a character you can control in the game. You can join only if you own this character (ticket).
As an NFT, the role (ticket) itself also has actual value, and it is positively related to the value of the entire game project. For example: when a chain game project is recognized by the market after a series of operations, the price of the corresponding governance token will rise, so each player (ticket holder) can get the benefits and needs The entrance fee will also rise. vice versa.
In simple terms, this cost is your investment in a project, which will increase or depreciate as the project develops.
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Q: Why can I make money by playing on-chain games?
A: Most of the current blockchain games revenue comes from two parts: one is airdrops and related activity rewards (mostly tokens) provided by game operators; the other part is mining rewards that players get through playing games (liquidity mining).
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Q: What is NFT? What is its value?
A: The full name of NFT is Non-Fungible Token, which is a data unit on the digital ledger of the blockchain, and each token can represent a unique digital data. For example, a painting, a song, or an on-chain game props, etc., and each NFT is unique and cannot be replaced or divided. Therefore, the value of the NFT depends on the value of the digital data carried by the NFT. Some are valuable, while others are worthless. But it is undeniable that NFT has huge development prospects.
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Q: What’s ForthBox？
A: ForthBox is a Web3 GameFi aggregator and integrated service provider supporting all types of blockchain games. We enable users to issue game NFTs with one click and make it easy to transform traditional games into blockchain games.
Based on the game ecology of GameFi and NFT, ForthBox uses Web 3.0 SocialFi as a game drainage method to transform traditional game players into chain game players;
In response to the early launch of the GameFi platform, the team combined its own game genes to launch the self-developed Avatar series of 15 metaverse games in phases, creating star products on the platform application layer, and building continuous and stable users for the platform.
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Q: How to create a ForthBox account and link a wallet?
A: ForthBox platform does not need to register an account, just connect to the wallet. Specific steps are as follows:
(1) Log in to Chrome, download and install MetaMask in the Google App Store (Chrome browser is recommended).
(2) Use MetaMask to create and bind a BSC smart chain wallet address.
(3) Click to enter Ham minting of ForthBox, and click Mint.
(4) Enter the mining page and click “Connect Wallet”.
(5) Agree the connection application in MetaMask and complete the connection.
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Q: How to buy Ham for the ForthBox game?
A: (1) Make sure the wallet is connected.
(2) Enter the Ham minting page.
(3) Click Mint.
(4) Pay the required Gas fee (Ham’s own casting is free) and complete the minting.
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Q: What is FBX?
A: FBX is a governance token issued by the ForthBox platform based on BEP20 and ERC20. Any participant in the ForthBox ecosystem is eligible to receive FBX tokens, with a total issuance of 1 billion and no additional issuance.
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Q: As a new user who joins ForthBox, how is my income calculated? How long will it take to pay back?
A: Apart from platform airdrops and dividends, the user’s return period is about 30 days, and the specific income is calculated as follows:
Mining models:
FBX daily total yield = daily basic yield + daily dynamic weighted yield;
Daily basic yield = 100,000;
Daily dynamic weighted yield = total daily feeding amount/FBX price + previous feeding return;
Individual daily yield= total personal daily feeding amount/(FBX price x 30)+FBX daily total yield x personal hashrate/total hashrate;
All FBX used for feeding will be burned;
40% of FORTH will be put into the repurchase pool, and will be regularly burned through smart contracts or Forth Dao.
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Q: Who is Ham?
A: In 1961, the chimpanzee Ham became the first primate in history to successfully land in space and return safely. Ham took a spacecraft into 253 kilometers of space, and operated in accordance with the instructions of scientists, completing this great pioneering work. After 60 years, in order to commemorate Ham’s contribution to human exploration of the universe, we named ForthBox’s NFT “ApeGod” Ham.
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Q: What is Ham NFT?
A: Ham NFT is the user’s “ticket” to enter the ForthBox metaverse, as well as the user’s identity certificate. Currently, there are application scenarios for minting, feeding, upgrading, mining, trading, etc. on the ForthBox platform. In the future development, it will play a more important role.
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Q: How to mint Ham NFT in ForthBox?
A: There are two ways. One is free casting through the Ham casting page.
Note: For specific steps, please refer to 「About ForthBox: 3. How to buy ForthBox tickets?」
The other is to buy your favorite Ham NFT through the NFT market on the ForthBox platform.
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Q: Besides being a ticket, does Ham have other value?
A: Staking Ham NFT’s computing power will automatically bring mining revenue to users.
Note: For specific income formula and payback period, please refer to「About ForthBox: 5. How to calculate my income? How long will it take to pay back?」
In addition, the high-level Ham NFT will bring users the platform’s NFT airdrop and dividends, and can also sell Ham NFT to other users through ForthBox’s NFT market.
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Q: Can I interact with Ham NFT?
A: At present, the interaction between users and Ham NFT is mainly based on “feeding” and “staking” mining, and we will introduce more interesting interactive methods in the future.
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Q: How to feed Ham NFT?
A: Forth and FBX can be used for feeding every 12 hours. The specific feeding token ratio is generated by the system algorithm.
The formula is: m%Forth+n%FBX, and the single feeding amount is infinitely close to 20USDT.
For details, refer to “Feeding Instructions”.
The feeding steps are as follows:
(1) First, mint a Ham NFT, and there are enough USDC and FBX in the wallet to feed Ham.
Remarks: For the question of creating a linked wallet, please refer to「 About ForthBox: 2. How to create a ForthBox account and connect to wallet?」
(2) Click “Feeding” for the first time and an “Authorize” window will appear
(3) Click the “Authorize” of USDC and FBX successively, and pay the corresponding Gas fee.
(4) Click “Feeding” again.
(5) Pay the corresponding tokens and gas fees.
(6) After the transaction is confirmed, you can see that Ham NFT’s experience value has increased and the feeding is successful.
(7) In addition, by clicking “Stake” and pay the gas fee, Ham NFT can start mining and producing FBX.
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Q: Is there any change in Ham NFT after feeding?
A: Ham has six attributes: computing power, INT, GOLD, CP, AGI, and CHR. The initial value of all attributes except computing power is 0. By feeding Ham NFT, its level and computing power will become higher, and the benefits that holders can get will also increase. For Ham NFT level and corresponding computing power, please refer to: “Feeding Instructions”
In addition, users who are the first to reach levels 3, 6, 9, 11, 12, and 13 have the opportunity to receive a limited number of NFT airdrops from Greek mythological characters, which are divided into six levels according to their rarity, and the numbers are 5000 common, 2500 uncommon, 1250 rare, 625 epic, 312 legend and 156 myth. In addition, NFT holders can enjoy dividends from the platform’s income and freely trade in the NFT trading market on ForthBox.
Remarks: Please refer to the rules: 「Description of NFT Characters in Greek Mythology」
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Q: Can I have multiple Ham NFTs in my account at the same time?
A: Yes, and there is no upper limit to the number.
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Q: How to buy or sell Ham NFT?
A: All NFT purchases and sales on the ForthBox platform, including Ham NFT, are carried out through the NFT trading market on ForthBox.
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About ForthBox
ForthBox is a Web3 GameFi aggregator and integrated service provider supporting all types of blockchain games. We enable users to issue game NFTs with one click and make it easy to transform traditional games into blockchain games.
