AMA Recap: RunNow x BSClaunch

On Wednesday, Jul 27, Chloe — BSClaunch’s Head of Marketing hosted a live AMA (Ask Me Anything) on BSClaunch Community with Mr. William Nguyen — Chairman of KBG Studio.
During this AMA, He answered questions about RunNow, as well as shared about upcoming plans, partnerships, and more.

This blog post includes a recap of the live AMA session and features the questions asked by community members, list of winners, along with the Q&A segment with Mr. William Nguyen.

AMA EVENT START

📌SEGMENT #1 | Guest and project introduction

Question #1:
Can you introduce yourself and How long have you been working in the cryptocurrency industry?

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! This is the first and only project in the world to cooperate with Huawei in terms of communication and technology!
For this question, we have a strong foundation team with vast experiences in blockchain, crypto and games. We have been developing the blockchain and crypto field for 3+ years, and more than a year of blockchain game development.
Only now have we started to roll out better solutions in the Fomo market. You can learn more about us on our website: https://runnow.io/

Question #2: Coming to project
Can you tell us all more about the project, the idea, how it started? and especially why it’s needed?

That’s a good question
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.

Question #3:

Can you list a few special features that make RunNow interesting and different from other M2E games?

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.

SEGMENT #2

Question #1:

I can see Runnow.io accompanies Huawei wearables. That’s awesome. Can you tell us more about this collaboration? Any upcoming good news?

Thanks for question 👍
Runnow.io has accompanied with Huawei, one of the biggest tech companies in the world in a global campaign “One million steps to a healthier world”.
We will give away 10,000 HUAWEI Band 4e health trackers to encourage people to form their new fitness lifestyle. This is a long-term vision of both sides in applying technology in health training and contributing sustainable social values to the community.
Runnow.io App will sync data with Huawei wearable devices for users to monitor their health and exercise progress, participate in charity activities, and plant trees in the app.
In light of this campaign, we will organize multiple events

Currently, new users with NFT Sneakers can download Runnow.io App and run freely without having to repair shoes until August 13
And big events are coming with more benefits

▫️Huawei Challenge: Users need to download Runnow.io App and start running with their NFT Sneakers to be eligible for the health tracker.

Users must meet all of criteria:
- Move 5,000 steps per day in 7 consecutive days
- If either criterion fails, players must start again from the beginning

About rewards:
- Vietnamese Users: Receive 1 HUAWEI Band 4e for each NFT Sneakers Box
- Global Users: Receive a $15 cash back for each NFT Sneakers Box

The HUAWEI Band 4e will be distributed in the first-come, first-served basis, so we do suggest you take action soon to bring home your own health tracker.

▫️Referral Program: Users will join and refer your friends to buy boxes. KBG Studio will give a cashback worth 10% value of the box sold to F0 users when F1 users use their referral code to make a purchase. One little note is that the refferal is applied for 1 tier only.
Please follow our social and community channels to not miss any exciting events and activities
Also, don’t miss out on our INO event. Join now: https://marketplace.runnow.io/boxes-by-team

Question #2:

NFT is popular nowadays, is there a plan for NFT integration? Do I need to have NFT to start the game? Will Runnow be on IOS and Android?? Can you tell us about game modes that Runnow offer?

Well, 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.
And Runnow.io is compatible with a wide range of smartphones. Right now, users can download Runnow.io App on:
App Store (TestFlight): https://testflight.apple.com/join/w9KU3peH
Google Play Store: https://play.google.com/store/apps/details?id=com.runnow.android
Here is a complete user guide on how to partake: https://blog.runnow.io/2022/07/16/user-guide-how-to-join-runnow-io-app-mainnet/
There are 12+ game modes in Runnow.io. With parameters like calories consumed, steps taken, distance traveled, and more attached to each completion; there will be a specific type of badge for each participating mode.
Here are previews of modes that a NFT Sneakers Holder can join in:

1. Free to Play/Free to Earn

2. Workout: You are equipped with NFT Sneakers to earn tokens by running or jogging. Energy is required to earn RUNGEM (reward token), and every 1 Energy is equivalent to 1 minute of movement. You can now download the App and run freely until August 13 without repairing shoes.

Total reward package for Free User: $360 + 105 $RUNNOW

Besides we have more activities for users

3. Daily Request: The AI system will consider different attributes to assign players the most appropriate daily tasks. Upon completing, users will participate in a lucky spin to earn gifts such as RUNGEM, RUNNOW, NFT, GEM, etc.
Total reward package for Free User: $360 + 105 $RUNNOW
Elite Program: Any user who ran at least 100,000 steps on other M2E apps can join Runnow.io App and receive a Elite Welcome Package (1 pair of Free Trial shoes, 3 $RUNNOW, and 6% discount voucher when buying NFT Sneakers Boxes on the Runnow.io NFT Marketplace)

And total reward for the first 10,000 NFT owners: $740 + 20 $RUNNOW
More details will be found here: https://blog.runnow.io/2022/07/05/why-should-you-hold-runnow-io-nft-sneakers/

Question #3:

How can Runnow NFTs be used and what are the benefits to their owners? Can you describe your NFTs and tell us more about your INO?

  1. Participate in 12+ game modes: You will have exclusive access to two earning features: Workout and Free trial Sneaker on July 16
    2. Upgrade NFTs: You can upgrade 1–30 NFTs level to increase earning rates
    3. NFTs Minting: You can breed 2 NFT Sneakers to get a new one
    4. Lending & Leasing: You can let others borrow your NFTs through either normal rental or profit-sharing method
    5. Staking & Farming: You can stake and farm NFTs to receive attractive interest rates

Read more: https://blog.runnow.io/2022/07/05/why-should-you-hold-runnow-io-nft-sneakers/

Our INO is still on the go on multiple launchpads: Runnow.io NFT Marketplace, BSClaunch, BOXTradEx.

Here is the detailed User Guide: https://blog.runnow.io/2022/07/09/user-guide-how-to-buy-open-and-trade-runnow-io-nft-sneaker-boxes/
There will be a total sale of 10,000 Limited NFT Sneakers Boxes in four levels: Beginner, Jogger, Runner, and Super Star. After this event, you can only get NFTs through minting without any new NFTs being sold

We have prepared following events with exclusive benefits for Runnow.io users
Now, you can still purchase NFT Beginner Mystery Boxes on Runnow.io NFT Marketplace: https://marketplace.runnow.io/boxes-by-team

Question #4:

What are the benefits of holding your token as long term investment? What makes your project different from other projects? It would be great if you can tell us about your plan for IDO

Well, RUNNOW is our main token, used primarily for buying NFTs and upgrading NFTs level. There are 30 levels you need to upgrade. As you level up, you will have more chances to increase your earning rates
Also, RUNNOW is used to mint NFTs. You can get a new, rarer one when minting two NFTs; as a result, you will receive higher earning rates and more advantages
Moreover, Runnow.io aims to build an expansive ecosystem with many unique features (Runnow Man Tournament, Catchup Runnow Go, Donation, Sleep & Earn, Learn & Earn, etc.) and applications (Metaverse of NFT Games, Runnow.io NFT Marketplace, SocialFi, DAO, etc.). It is expected that the demand for RUNNOW token will go up vastly when gaming products are released and the ecosystem grows.
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
Stay tuned to our IDO at August 8! More details will be announced soon!

Question #5:
What do you think about inflation? How can you balance $RUNNOW ? Do Runnow have token burn or buyback program?
We will apply multiple mechanism to fight inflation, including:
1. Burn Token Upgrade / Mint
2. Burn Token Repair
3. Burn Token Boost Event Faster
4. Burn PvP Fee
5. Buy Back
6. Lifetime & Revival
7. AI Balance Earning Mechanics
8. AI Balance Auto + Manual Switch 2 Token’s Utility

📌SEGMENT 3 | Free-asking from the community

Do you have any Bug Bounty to check for weakness? In what way do you plan to make Your project more complete??

Hunt Bug Championship: Users will receive 10 $RUNNOW per bug when reporting bugs on KBG Studio’s Discord channel. The only requirement is that you have to create an account and experience the Runnow.io app.

Where I can get the latest updates or more information about the project?

Please follow our offical social and community channels for the lastest 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/

How does project increase the token’s value, liquidity and utility ? So that it can lead to an increase in token prices ? What is your plan to make your project stable and provide the highest return for investors in the long term ?

RUNNOW is our main token, used primarily for buying NFTs and upgrading NFTs level. There are 30 levels you need to upgrade. As you level up, you will have more chances to increase your earning rates.

Also, RUNNOW is used to mint NFTs. You can get a new, rarer one when minting two NFTs; as a result, you will receive higher earning rates and more advantages.

Moreover, Runnow.io aims to build an expansive ecosystem with many unique features (Runnow Man Tournament, Catchup Runnow Go, Donation, Sleep & Earn, Learn & Earn, etc.) and applications (Metaverse of NFT Games, Runnow.io NFT Marketplace, SocialFi, DAO, etc.). It is expected that the demand for RUNNOW token will go up vastly when gaming products are released and the ecosystem grows.

Stay tuned to our IDO at the end of July!

Security and anonymity are always prioritized by BlockChain projects in the development of project platforms and technologies. So, does you have any technological solutions or plans to enhance user trust in these issues?

Actually, 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.

Before full launch, we also have multiple rounds of testing and getting feedback through the internal Alpha testing and public Beta testing. We also listen to users and collect their feedbacks for continuous improvement.

What strategy will you implement to bring non-crypto-natives into your ecosystem? How do you keep a balance between developing the technology and also improving the value of your token?

For non-crypto users, we have some activities that you can join for fun and also improve your health
The initial investment is $0, so you can get familiar with the project and our system for free

📌AMA WINNER LIST

Thank you to all of our beloved members who attended the AMA today. Please notice that copy questions are disqualified and reward will distribute to who asked first. Congratulations to the members below for their particular interest in BSClaunch and WingStep. You are the lucky ones to share our 7500 $RUNNOW, for those who have won, please send a private message to @Chloe_BSCLaunch (Telegram username) on telegram to claim your prize.

  • Twitter:

huangzz

Rifan Nor

Harris Emma

Eko Supriyono

alfian

  • Telegram:

Griffin1993a

tte_conners_73

phnie_Creel

Nicolecoffey1994

Nurziya_6

  • Please note:
    - To avoid using fake nicks, the winning members are requested to contact us within 24 hours to receive their rewards.
    - 10 winners will share a pool of
    7500 $RUNNOW

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