EXPERT DAY 1: Unveiling the Secrets of Banksters: A Blend of Web3, Gaming, and EdTech
Recently, our CMO Alexandru Carbunariu was interviewed by Blockchain Expert Anthony Day. You can watch the video on our YouTube channel and/or read this article to get the main topics covered.
It is a start of a new exciting project — EXPERT DAY. Please follow us on Youtube and check our playlist “Expert Day” that will be regularly updated with new interviews.
Overview of Banksters
Banksters stands as a unique product, seamlessly blending edTech and gaming with a technological edge. At its core, the game offers a hands-on understanding of trading without the risk of financial loss, deriving abilities from real-life market events. This immersive experience allows players to navigate the highs and lows of virtual crypto trading in a captivating and risk-free manner. Notably, Banksters caters to both beginners and experienced Web3 enthusiasts, ensuring accessibility for a diverse audience.
All Web3 Components in one Game
Beyond trading, Banksters encompasses additional elements to enhance user experience. It incorporates a miner aspect — a cloud miner that produces soft currency for participating in Invest Runs. It also contains NFT components allowing the production of Utility-NFTs with a unique set of features — skills and abilities for effective competition inside the Invest Runs, as well as unique traits that determine the appearance of each digital avatar.
Gameplay is linked to Market rates
Banksters stands out by simulating real market fluctuations through a customized API, offering players a taste of real-time market dynamics.
Educational Focus
A key aspect of Banksters’ mission is to address the scarcity of educational resources on centralized exchanges. The game provides practical learning through gameplay, enabling users to grasp trading concepts in a fun and rewarding manner. The ultimate goal is to alleviate the stress associated with financial investments, providing an educational starting point for users.
Building in a Bear Market
Navigating the challenges of building during a bear market, Alex shared insights into Banksters’ strategic approach. Contrary to the misconception that many projects stall during bear markets, he highlighted the advantages, including cost-effectiveness in development and increased accessibility to skilled developers. Banksters utilized this period to prepare unique features and recalibrate strategies for a successful launch.
Web3 vs. Web2 Users
A crucial distinction was drawn between Web3 and Web2 users. Web3 users possess familiarity with blockchain technology, cryptocurrencies, and digital assets, while Web2 users consider all these as a scam project. Bridging this gap and smoothly onboarding Web2 users to Web3 is identified as a strategic imperative. How is that possible? By reducing fear towards Web3 and introducing a highly technological and engaging product to a community of like-minded individuals.
Robust marketing only
Legal compliance, securing gaming licenses, and negotiating with Web2 audiences are pivotal elements. Taking advantage of reduced costs during a bear market for legal, development, and marketing activities proved to be a strategic move for Banksters. Be legal, as Banksters has meticulously prepared for its launch, securing gaming licenses that span three continents. Alex emphasized the critical role of seizing opportunities and making deals during the bear market to pave the way for success.
Web2 User Onboarding
Making Web2 users feel comfortable is a priority, involving focus groups and technicians from the Web2 space to ensure a seamless onboarding experience. Tailoring the narrative to Web2 users is key to building confidence gradually.
User Experience and Adoption
Emphasizing user experience is vital for retention. The goal is to allow users to log in easily, play the game quickly, and avoid complex onboarding processes that might deter interest. As it was said, first a player needs a test. And Banksters provides a demo-Bankster called “Hamster” to try what the game is and how interesting it is to play and invest.
Tokenomics in Web3 Gaming
Involving professionals in designing successful tokenomics is a key step for every Web3 project. Market failures often result from poorly designed tokenomics created by individuals without a deep understanding of economics. The need for dynamic tokenomics is paramount, with adjustments made to the game based on feedback and A-B testing to achieve stability in token prices and NFTs. The Banksters Tokenomics were created by mathematicians, resulting in a sustainable system ready for market challenges.
Guilds in Web3 Gaming
Guilds include immediate user activity, matchups, and valuable feedback, showcasing the cost-effectiveness of guilds for quality assurance (QA) testing and leveraging the expertise of seasoned gamers.
Web3 Impact on Global Socioeconomics
The global impact of Web3 gaming on socioeconomics was discussed, citing examples of people in certain regions earning more from playing crypto games than from traditional jobs.
Watch the video to understand more about Web3.
As Banksters gears up for its launch, the interview encapsulates the dynamic landscape of Web3 technology, emphasizing the importance of innovation, collaboration, and strategic planning. To explore the world of Banksters and the broader implications of Web3 gaming, users are invited to visit Banksters.com and join the vibrant community.
Register an account today and embark on your Banksters journey with a free Avatar and in-game currency.
Don’t wait any longer — start now and experience the exciting world of Banksters!
