J.D. Salbego on AnRKeyX’s gaming, esports and NFT platform

0:01i'm ashton addison from event chain for investmentpitch media in the cryptocoin show and today on blockchain interviews we have jd salbago the ceo of anarchy x jd welcome to the show and thanks for taking the time to be here today thanks ashton i appreciate it uh just eight in the morning here i'm uh at a villa we had to move because of uh a new little covet outbreak so now i'm

0:23living on a little uh villa and a little island to get away from that horrible virus that will just not leave the whole world alone so but i got the scarface thing going right now so i hope the viewers enjoy it with my uh big mansion villa behind me it definitely looks pretty nice it's the morning time i gotta i gotta make uh make say something weird or whatever to make

0:44it less awkward with since we if most people search our stuff online we have a beautiful production suite with animated backgrounds every time we have a very big uh twitch channel you know i mean so uh we usually get eight thousand to ten thousand views per video on us which is big for our industry right wow um so now i'm i have plants behind me definitely well

1:06you know i know you guys have really high quality production and you do have really high quality nfts as well which i want to dive into and i'd love to just kick it off by getting a high level overview and the focus of anarchy x for for those who aren't familiar with it and then we can dive into the details sure uh anarchy x is is what we've done is merged

1:27defy liquidity mining with esports gaming uh in nfts nfts are the pinnacle of our whole gaming uh ecosystem as they're utilized for in-game actions um and prize-winning unlocking access and everything and we have a bunch of very unique actually four unique uh nft models based on economics within our gaming system including the collectible side um so

1:54basically what we've done is provided a a very strong use case for liquidity mining which never had one before it's basically free money right a genius idea that compound created when unit swap blew up but um we found that there was gamification aspects in there we also through research and analysis of crypto which i've been in for over five years as well as the new d5 movement

2:16there is a a huge competitive and team sports uh strategy and community going on with all these projects so we saw a value there that people never really even noticed so we've actually we've created esports directly in our our games in your dashboard your interface is your team channels audio messaging you can send uh gifs everything while competing and

2:40purchasing you know high power apy generating apys and the highest aggregate apy uh wind team who generates the highest aggregate apy wins the prize pool and other high-value apy boosts and nfts that can then be upgraded even further on an aftermarket so wow kind of there's a lot of layers to it it's very easy once you play once you get into describing it you know

3:03especially eight in the morning we only had one cup of coffee uh yeah so that's great jd and that sounds super interesting you know from what most people see with nft marketplaces right now you're just buying you know an nft and you're thinking okay well maybe i could sell this later for more i'll just keep it as a collectible but the gamifying it and introducing

3:24decentralized finance uh you know lending and earning into that platform is that really one of the bonuses of you know buying nfts i know you guys have a lot of cool original nfts but do you have the capability to earn interest and lend those out or like do other financial functions with these nfts inside of anarchy x yeah i mean that's the real you know the

3:48real you know thing we focus on when launching was giving a real use case utility value and an economic supply and demand uh system or embedding our nfts um so basically we have a proprietary economic and technological nft engine for all our different collectible nfts as well as the other different models within the games and uh you know first of all within our

4:12games it's like for the first time you know users can now not only play exciting games which are games are like that web dapps or web apps similar to candy crush farmville mafia wars but it's for the first time they can actually play fun games and earn rewards and earn money right while playing um our whole game uh ecosystem our gaming entities ecosystem is based upon

4:35basically a derived base value so there's there's five stacks to our technology and one of them is the derived base value that we create which is basically on in in layman's terms a fiat model like all the governments are based on now right cost of good production supply economic supply and demand and two parties agreeing though ours is actually not completely manipulated with fraud

4:59and stuff like most of the governments in the world ours is on the blockchain completely public and the way it works is our token is the center of our game and nft economy all our game rewards are the pricing of our nfts as well as the apy that is being generated is based upon an algorithmic logic model and math model that is based upon a derived base

5:24value of a number of floating factors like how many users are playing our game how many uh how much apy is actually being generated by each user by the total teams combined how much lp tokens the value of that is being staked how much uh revenue is being generated in the game uh how much what's the price pool earnings and a few other more and then at the pinnacle of that is our token

5:48price and this is all wrapped up in an economic model which creates an actual real fair market pricing of what the these nfts are worth and what the utility is so right now basically we have a self incentivizing economic model within our games so now users the more you play our games the more users that you know the more users that play our games and the time length the more users

6:10that actually join the more apy being driven winning and the token price as well and trading all factors into our whole economy the first time ever that's been done before so now we have a self-serving economy where users are incentivized to actually play the games even further to grow the value of not only derek there's a lot of layers to it definitely

6:42jd and it does sound very intricate but i have a feeling that once people start playing the games and as it becomes built into almost every game in the future as uh the ecosystem grows then it will be common sense and people will understand it and they don't really need to know the intricacies of you know being a mechanic rather than just driving and playing the game um so it sounds

7:06very exciting and you know as you said this is something that's never been done before uh but there's just so much potential for to create extra value can you give like a high level overview on how you see the future of decentralized finance based gaming in the gaming industry overall in in years to come what i see is you know we've moved into a new era i

7:31think you know ovid has driven that right we're already moving into a purely online kobe just exponentially ramped it up so what you're seeing right now that gaming revenue globally has surpassed the global movie industry and and united states sports industries combined that is a big big number right to see what's happening right now and what you see

7:54is that everything in our planet is being gamified that doesn't mean video games but every what it is now is social entertainment you know and gamified experiences uh even down to the most simple thing of just sharing memes and gifts and stickers that literally is a form of gamification and a social entertainment experience right so that and then when you see what happened with

8:15wall street bets and game stops right yeah though that was illegal right what you saw there was gamification in a community in subreddit and what they did with that token and that is a new environment of social trading that was basically esports if you look at that though that was illegal that was esports so what you see is a very interesting shift here and that's

8:37why nfts have popped up so big right now too there's something major happening in the industry so what i see through decentralized finance is that we have a new paradigm of ways to interact experience generate revenue through financial products that will be gamified because people are looking for new ways to spend their time online uh um they're looking for another level to

8:59experience things and to be entertained right hence why we have all this stuff going on so i think nfts and decentralized finance are a perfect vehicle to get us there you know the big thing with us i mean we you know we only dropped our first three nfts back-to-back hit number one number two and number one on wearables you know and we have a new drop literally actually announcing today

9:21um this week it's happening and you know we generated 800 grand in revenue from nft sales just from these nfts that that have a pure utility they're not just like hey we throw them up and we think it should be priced this way and you should just hold them and maybe trade them and that's your only like these actually have built in utility in our games we have about five to eight

9:43utilities per nft you know the big one is being used in the game as one game action to uh uh to collect them and state them as another game action to boost your team rewards um so i think the future is really bright you know we we built this it's basically what we built is a a we call a gdex it's a decentralized finance gaming platform exchange that's what all our games are built off

10:06of that's where our our proprietary nft engine is based on the drive face value engine is in there as well so we have our first game battle wave 2323 we've been working on for over five months right now we just hit maynet about a week and a half ago the public beta uh uh starts on the 26th this month we have over 15 000 registered users our community is just loving it everyone

10:29wants to play it uh and then the game should launch in mid uh may it's currently being audited by certik as well and uh it's just a lot of exciting stuff we also launched a new celebrity subdivision so i've just been teasing that everyone will see that in the next few weeks we have a just insane amount of stuff going on we've been doing a lot of development

10:48we will be launching with numerous celebrity nfts dropping being announced publicly and everything who the celebrities are all at the same time with a new uh executive team you know arc it's owned by anarchy x but we have a new executive team all major you know people from the entertainment industry movie producers huge music uh managers uh movie studios some of the

11:11biggest production companies uh all friends of mine from the industry because i spent 17 years in hollywood where i was born and raised before getting into crypto and uh it's a very exciting time for that and busy time with two companies now definitely very exciting jd and i'm excited to see those new nft drops and especially the celebrity collection i think that will have a lot

11:30of traction now and you mentioned you know you explain that entire ecosystem and how it all revolves around and also includes the token price and i just wanted to touch on the anarchy x a and rx token briefly because i know the audience is always interested in hearing more about that can you just briefly talk about the main functions of the token is it primarily used to

11:49purchase the nfts what are the other functions of it and does it create a sustainable ecosystem for anarchy x yeah no great question the center of our our you know g x decentralized finance gaming platform change is our anrx token it's called our arcade coin so it's used just like an arcade coin within our whole ecosystem every game that's all you use you can only use a rx

12:14to purchase in-game items skins other nfts uh to earn rewards this is all a rx to state gamerx for governance we have a high amount of utilities we currently already have 12 utilities within this utility token that works just within a battle wave through purchasing about five to six different types of in-game and nfts and in-game just weapons like traditional gaming uh um to

12:41earn rewards on that to earn a prize pool to upgrade and and pay for extra upgraded boost and a number of other factors as well as the staking for governance within our community and voting rights and then every game after attaches you know numerous more utilities because it is the center of our whole uh ecosystem it's a sustainable ecosystem specifically we created the nft engine

13:06with the derived base value mentioned that is how every single game is basically the economic model behind it it's why we price our collectibles even though we're selling them right now uh because the actual our marketplace is not live till the game is in about a month uh even when we sell them on wearables the price point the amount that is minted all of that is

13:28based upon our drive base value model so everything is centered on the arcade token and this entanglement of all these economic functions within the ecosystem definitely and that's really exciting and thank you for elaborating on that and you mentioned uh that when the marketplace will go live when the game goes live is that the 2023 game um i just want to get an encapsulation

13:51of what you are most excited for to be releasing within the next few months and throughout the summer here for 2021 uh for the platform and what the audience can be looking forward to in terms of public releases a lot uh we're kind of nuts over here at anarchy x we we we release just consistent if you look at our community our socials i mean we're putting out

14:12product we have a new uh um ambassador program that already has over 9 000 people users that have already started signed up and are participating now so really the game is our flagship game battle wave that's one of the most exciting things we've literally been working on that for five months you know our gaming team our design team our blockchain team

14:31they've all worked with pokemon sega final fantasy goldman sachs you name it it's you know we we have 17 a team of 17 working on that game i'm not joking between blockchain senior tech leads project managers blockchain leads and then the gaming side with all those front-end design we use unity which is a traditional game engine like sega and sony use

14:53all the designers animators there it's a very it's a big uh it's a big process so that is obviously our pinnacle that we're looking forward to uh we were a little bit delayed now about a month or so because ethereum just went through the roof and we fully switched to layer two matic has been a partner of us since we launched we do a lot of stuff with polygon we

15:13work with them they're basically part of our team they helped us build this game um so we were doing layer one with just a small few amount of components of layer two and then we saw a theory of skyrocket which was very cool to see but killed our game literally just killed it and most other games in the industry that were just using uh that were decentralized right

15:34so a lot of projects were delayed so that is our pinnacle basically i brought that up because we were supposed to be releasing a game every quarter so we're a little bit late on that there will be another game releasing in the second quarter and every quarter after the mobile version of battle wave three will hit uh q3 that's already pretty much set up

15:51right now because we build on unity it's already optimized so now it's just minor stuff it only takes about a month and a half to set up for mobile uh we do have the whole new celebrity platform which will be a layer two as well and all the celebrity drops and just a lot of expansion we have tons of partnerships in the works and just a lot of growth

16:08and expansion and i'm really excited for people actually see what it means to play a game with esports capabilities directly in your interface it's never been done before not even in traditional gaming this is an actual very highly unique and innovative gaming system that you're playing directly with your team next to you at every single moment of the game

16:29inside the actual interface very exciting jd and lots to look forward to and now for the people that are looking to follow along to play the game right when it gets released you mentioned that there was a 9000 on the list already and also just to find out about the celebrity uh collections and all of the other updates what's the best way for people to

16:50get involved in the community and to learn more uh yeah quick correction 15 000 of our registered users for the game 9000 was the ambassador program we just launched the legionnaire so sorry i'm sweating it's early morning that sun is coming out right on me uh the best way to get a hold of us is to follow our twitter which has all the links as well as our website our website

17:12is www.anarchyx.io our twitter is the exact same thing at anarchy x and you'll find all our socials there our website is up to date up to date currently with the nfts that have been sold are available on the marketplace on wearables being sold updates all our community channels we have 50 000 over 50 000 community members across all our telegram news channels discord and

17:37twitter and you'll find everything else we have a very active community we have six admins on 24 7 on every time zone uh we're very basically our users love us we built this really organically from day one so you'll go into our community uh discord and our telegram and you'll see it's like i like to call it's the homie zone there's literally we know our users by their

18:00name literally you know i mean they they'll show up we talk to them as if they're our friends uh yeah we're really engaged uh community and we like to educate and help and just have fun with our users you know definitely that's great to hear jd and i really appreciate community driven and community focused projects so great work on that thank you for those links i will leave

18:20them in the description box below as well all the best with the release of the game and the celebrity collections and everything else in anarchy x and let's follow up in the near future sounds good thanks ashton for having me had a blast man