Khaled Jama join us to discuss on the New Home of the Metaverse’s Social Economy – Gamerse.
Khaled Jama is a blockchain enthusiast, entrepreneur, and investor. He has always believed in the power of crypto to revolutionize the global financial system. When Khaled was an early dApp developer on Ethererum, he saw the connections between blockchain and gaming and decided there must be an easier way to integrate to two into one central platform, leading him to start Gamerse.
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The following transcript was created using artificial intelligence. There will be some grammatical errors below.
00:01:12:03 – 00:01:30:00
Richard Carthon: Hello everyone. Welcome to another episode of crypto current your host to Richard Carthon here and today I have a special guest all the way out in Dubai working on a really cool blend between the world of NFT and gaming. We have Khalid, the gamer’s founder. How are you doing today?
00:01:30:23 – 00:01:33:00
Khaled Jama: I’m good. Thank you very much for having me today.
00:01:33:24 – 00:01:40:27
Richard Carthon: Of course, man. Well, excited to learn more about everything you have going on, but of course, want to learn more about you can give us a little background on yourself.
00:01:41:24 – 00:02:17:06
Richard Carthon: Yes, absolutely. First and foremost, I’m actually based in London, so I’m actually in Dubai is visiting the Binance NFT Expo. So a little bit about yeah, a little bit about my background. I’ve always been an entrepreneur and I’ve always been a busiest. And when it comes to tech, the revolutionize the revolution ization of web, I know this is something I really gravitated towards where I am currently today, which is building gamers and I’ve always been a gamer.
00:02:17:27 – 00:02:31:06
Richard Carthon: So essentially just merging those two aspects. This is why I actually come in to sort of get myself to be in a position to do the sort of innovating and build within the space.
00:02:32:12 – 00:03:04:18
Richard Carthon: That’s cool, man, and be able to blend something as great as gaming. I know myself. I have always been a gamer. I’ve always loved and enjoyed games and being able to see that kind of evolve on the blockchain, being able to incorporate Nfts into the future of gaming. I think the future is very bright. There’s a lot of fun things that we can unpack. But I first want to start with how did you even learn about cryptocurrency and blockchain in the first place? Like what? How did you learn about it? And then what made you want to get more involved in the space?
00:03:05:15 – 00:03:40:15
Khaled Jama: Okay. So actually initially learned to buy similar. So a lot of people in 2017 when I was the first real team when we had the Bitcoin Forum, actually ended up invested in Bitcoin initially. And I started learning a bit more about sort of how Bitcoin was revolutionizing economic. I was sort of monitoring digital money essentially, and how that was going to be the solution. And I quickly saw, you know, believed in the vision that everything was going digital.
00:03:41:01 – 00:04:33:08
Khaled Jama: So that was sort of the first introduction and how a slow start learning about crypto currencies and just by my fascination started to learn about old, old coins through a theory. And when I learned about Etherium, that’s when I read down the blockchain. So yeah, that was a sort of got me about all coins and. And actually initially I was actually trading notes on Dexs. So I was back in 2017, of course, the market was up and down, but I really started getting back into it in 2009 and sort of invested in projects for me to also understand them a bit more deeply as well as you sort of learn about tokenomics, you learn about how they market themselves.
00:04:33:20 – 00:04:46:03
Khaled Jama: You learn the ones that it’s the ones are not. And so I definitely believe that a lot of that knowledge came from sort of investing in crypto currencies. It definitely helped them find the project itself.
00:04:46:26 – 00:05:29:19
Richard Carthon: Oh, definitely. So. I mean, you’re, you know, five years of experience and you’ve been able to see the highs of a bull market. You’ve also been able to see the lows of a bear market and 90% corrections and everything else. So if you can have the stomach to survive that first bull and bear cycle, I feel like you it is pretty bright as you look at the entire crypto landscape because you know how the ebbs and flow of this space goes. But you also are able to see how much innovation has come into this space. When you think about one of the biggest pieces of innovation that I think is starting to really occur and let’s call it the last two years, is both nfts and gaming coming to the blockchain space and kind of the blend of them coming together.
00:05:29:24 – 00:05:38:12
Richard Carthon: And so how were you able to take this cool blend of two really cool spaces and turn it into gamers?
00:05:39:20 – 00:06:12:22
Richard Carthon: Yeah, absolutely. So I definitely agree. So when I initially learned about NFT and saw about the Creator economy, the fact that you could actually have your royalties and is minted on the blockchain and it’s verified by ownership. And also the first aspect of it was, you know, sort of understand antiquities, but then it was sort of learning a bit more about the use case side of things. So we had the initial boom of, of course, the NFT, all that was sort of like what was so very popular.
00:06:13:00 – 00:06:47:02
Richard Carthon: And then, of course, you had maybe the collectibles. I was essentially understanding the use case. And for me and I sort of learned about blockchain gaming and NFT gaming that for me was really where everything sort of clicks in terms of the community aspect, in terms of reward aspect incentivized the user and the fact that you could earn rewards. And it’s not just virtual currency which is, you know, stuck inside the game and ecosystem is actually a cryptocurrency that was Monetary Fund.
00:06:48:04 – 00:07:24:26
Richard Carthon: And that for me was like really sparked my passion into wanting to build a sort of solution. And that’s sort of like once I understood and sees the use case and when the sector was headed, I’m going, you know, in on a solution. You know, I’m personally someone that likes to build. And when I see a gap in the market, I found that there was a lot of fragmentation ever since the boom of axie infinity, which really was, I would say, the first NFT game that everyone’s attention.
00:07:26:12 – 00:07:56:20
Richard Carthon: And once that happened, there was a lot of projects launching on different blockchains. It fragmented ecosystems and it was really hard to stay up to date with all of the new NFT games. And in terms of finding the NFT assets, it’s also very scattered. That’s what made me think needs to be an ecosystem around gaming, which is gaming has always been a social thing, myself included.
00:07:56:22 – 00:07:59:28
Richard Carthon: Like when I think of gaming, I think of gaming with friends.
00:08:01:27 – 00:08:34:06
Richard Carthon: You know, I thought that with NAFTA being so early, it wasn’t really a use case for social activities. And that’s why gamers come to the game as essentially is an NFT game in a metaverse social economy. So essentially we unified a fragmented gaming ecosystem by leveraging social features and aggregating all of the popular games. So we’ve been in nutshell we a platform for NFT discovery.
00:08:35:01 – 00:08:53:17
Richard Carthon: Learn about new NFTS. So we have our game pages, but you can actually see the NFT assets launch the game steam solution and also connect with fellow gamers. That’s pretty important. And you could do that through following each other. Direct messaging
00:08:55:28 – 00:09:29:29
Richard Carthon: also. In terms of like placing bids, you can actually direct message the owner and actually find out a little bit more about the actual NFT and explore an NFT. We have like Instagram style feature and you can easily select the category and then explore new NFC. So games is essentially aiming to become. Home of NFT gaming. We are multichain not cross-platform solution.
00:09:30:29 – 00:09:43:00
Richard Carthon: So this is essentially, well, you know, what we’re building and we really hope that this is going to unify space and bring NFT gaming in a mainstream.
00:09:44:02 – 00:10:19:01
Richard Carthon: Yeah, I think that is very eloquently said. I appreciate you kind of giving an overview of how it came to be and what is ultimately trying to accomplish. And I think you did a really good job of wrapping all together where you are building this ecosystem where gaming NFT and gamers can kind of come together into one distinct platform that is multichain. So it goes across all kinds of different ecosystems and that you’re starting on Binance Smart Chain, you’re looking to then go into, I believe, Solana, potentially ETH and some some other cost platforms.
00:10:19:09 – 00:10:44:26
Richard Carthon: So then you can then see the gaming NFT itself, be able to review it and then if you want to potentially purchase it, be able to do that, engage with the other people within this ecosystem so they can see what games they’re working on, what kind of NFT they have, and then be able to connect that way. But I also believe that you also have a token, it’s called the LFG token. Can you tell us a little bit about that?
00:10:45:25 – 00:11:15:27
Richard Carthon: Yes, absolutely. So LFG, I’m sure people are thinking it stands for what it usually stands for by actually stands for looking for groups and also looking for gamers. And essentially LFG is a token that we’ve been all over ecosystem. It provides a few different utilities, one of which being platform discounts or marketplace. And there’s a 50% discount when LFG is the base currency.
00:11:16:10 – 00:11:29:09
Richard Carthon: But we also have a 50% burden on each transaction. And that’s something that we’ve actually done to sort of decrease the supply, and that’s going to add inflationary pressure.
00:11:30:26 – 00:11:54:19
Richard Carthon: So instead of taking profits, we decided to burn the token. We also have a few other utilities, one of which we do have associates with. And so one of the unique features I would say with gamers, it’s the NFT gaming industry game file as being popular for the to own and now is transitioning into the play. And
00:11:56:15 – 00:12:18:12
Richard Carthon: we have actually revolutionized a different model in a social pie solution which is called share. So this is something that we’re actually looking to leverage. We are looking for groups. So this is essentially going to be one of the biggest, I would say, incidences of LFG.
00:12:20:03 – 00:12:22:19
Richard Carthon: Maybe we could touch on that more. And. Yes.
00:12:23:11 – 00:12:58:25
Richard Carthon: Yes, actually, that was actually going to be one the next areas I was going to go on your website. We basically have four different main pieces of what makes gamers so amazing and share to earn was one that caught my attention and. Like you said, a lot of the model right now is play to earn, which people are getting familiar with. You play enough of a game you earn and people are making lifestyles from it, but from a share to earn. This sounds pretty new and I know you were just describing it, but if you can kind of go a little bit deeper into how that model would work, I’m sure our listeners would enjoy that.
00:13:02:06 – 00:13:30:03
Richard Carthon: A cryptocurrency guru. This is Steve Miller, and I’m the host of a live show that keeps you up to date with what’s popping off in crypto land. Every episode of Si Si Live brings you the latest news, keeps you updated on the top projects, and decrypts everything you need to know to get ahead in the wild world of Web3. So if you really want to stay cryptocurrency, join Richard, Chris and I every Tuesday and Friday at 7 p.m. Eastern, only on YouTube live. So what are you waiting for? Subscribe to Cryptocurrency YouTube channel today and as always, stay cryptocurrency.
00:13:37:12 – 00:14:09:27
Khaled Jama: Yes, absolutely. So because we are the first to actually implement the shirts, we are. It’s only right that actually jump into and actually explain how this mechanism works. So we have our energies, which is looking for groups from our official verified partners. When you answer the actual LNG, you would have to say so. Let’s just say, for example, a $100 worth of LNG. Once you enter this group, you’ll be presented with the NSC badge, which is your membership.
00:14:10:26 – 00:14:43:25
Khaled Jama: That membership essentially collects rewards. How you get rewards. It’s by Chevron exclusive content within that LNG. For example, the game publishers with may have an NFC drop off and come in or a new skin you want to promote. By sharing the content on your social media profiles, you would actually receive API based on the impressions that you receive. So by staking LMG, you’ll gain API rewards by the impressions that you receive passion points.
00:14:44:18 – 00:15:03:29
Khaled Jama: Now that’s both bullish or the game is actually full of shit in the games that that they’re trying to play. And then for the publishers, they have a dedicated, exclusive group of their core community. So this is essentially the way that the sets and works.
00:15:04:23 – 00:15:42:03
Richard Carthon: That isn’t very interesting model. So what you’re able to do is earn two different ways by staking and by sharing and by sharing. The more people who see it, the more people who engage with it, you’re more incentivized to do it. So it sounds like for the content creators out there, especially if they’re in the in the gaming space of the things and they have a pretty decent following, there could be some pretty substantial rewards for those people and even for people who are not necessarily as large of a of a following but are really good at participating.
00:15:42:05 – 00:15:44:07
Richard Carthon: There’s still a lot of incentive there for them as well.
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00:15:45:12 – 00:16:18:00
Richard Carthon: Yes, absolutely. And what is unique is that the stake in API is based upon share. So the game and publisher actually incentivized to share piece of content as a part of them having to verify whether it could be enabled to actually. And it works. So this is something that’s really interesting because so incentivizes the gaming publishers to keep active community, to stay an API from the backend through the user engagement.
00:16:19:01 – 00:16:51:04
Richard Carthon: And in the end, users actually answer boards by showing the content based on their preference. For example, yourself, Richard. I know that you’ve got your Twitter handle that I’m sure that you’ve got a pretty decent following. So if you had more impressions, you know, your AQI would then be more. So you’re actually getting rewarded by your social reach from not just the gamers ecosystem, but just the social ecosystem as a whole. So that’s something that we feel like is really unique.
00:16:52:27 – 00:17:01:15
Richard Carthon: And just to let users know, that’s a feature that will come out on our full gaming social app. So that’s something to look out for.
00:17:03:11 – 00:17:13:10
Richard Carthon: Yeah, let’s let’s talk on that for a second. So you’re about to have the app that’s going to launch now. Is it going to be Web based? Is it going to be iOS? Is it going to be Android key? Tell us a little bit more about that.
00:17:14:12 – 00:17:53:27
Richard Carthon: Okay. So the game, a social app is going to be web based initially. And then we also have been due to this iOS and Android, but we have a first feature product which is actually launching April 15th and also Social Aggregates Marketplace. So that’s essentially our MVP, which is focused on aggregating all the popular game file and metaverse projects and adding a socially. So just for example, some of the key features so we promote, we are going to be having Enos, which is initial NFT offerings.
00:17:54:10 – 00:18:16:01
Richard Carthon: So we we’re basically a launchpad NFT games and also a platform to discover new NFC games. So, you know, this is something that’s really exciting. We have NFC drops which are viewable calendar, so you never miss a jump again. You know, it’s really easy to just add it to your watch list
00:18:18:03 – 00:18:48:03
Richard Carthon: and to get notifications in your email and also to have your own profile where you could display and is the collectibles that you have and showcase it to the wallet. Now, this is something that we feel like, you know, it’s a collect and it sees, you know, you want to you want to show your friends, hey, I’ve got this collection. And, you know, you can sort of build followers and interact with new games.
00:18:48:05 – 00:19:04:19
Richard Carthon: So this is something that we’re really excited about creating a social ecosystem. So we’re not just your average marketplace? No, we’re niche focused on NFT gaming and on the social aspects of something that we’re really excited about. And those launch on April 15.
00:19:05:24 – 00:19:36:08
Richard Carthon: Well, that’s really exciting. Everyone listen to make sure you go check that out. I know I’m going to it sounds like a very cool and innovative platform, especially as it relates to being able to aggregates everything that’s who wants to take place. I know that as I look around and I’m constantly having to do my own research and have to look for different and new opportunities across different spaces. It’s nice to be able to go to one place and find it all, and it sounds like that is what gamers is trying to solve. So that is really cool.
00:19:36:16 – 00:19:51:29
Richard Carthon: And one more thing that I kind of want to bring up before we kind of pivot to another direction is there was something here that I thought was pretty unique, which was the swipe swap, and I know that’s a potential future feature, but can you tell us a little bit more about that as well?
00:19:52:25 – 00:20:27:25
Richard Carthon: Absolutely. So games is really focused on Discover. And so we about future swipe, swipe. So it’s two things. So you can easily discover new entities and apps in the star swipe and match feature. And upon matching entities, you can engage in swaps in a fun and exciting way. So this is just full of really cool, cool idea that we had where essentially you could select the category.
00:20:28:09 – 00:20:36:07
Richard Carthon: So let’s just say you can select a specific game or specific category and actually trade or a new
00:20:37:22 – 00:20:57:06
Richard Carthon: entity that you can now play within that game. So that’s something that we’re really excited about and that’s the feature that we excited about tapping the mobile version as well. So, you know, you could just have that in the handheld device and just swiping away and matching them and engaging in some really exciting swaps.
00:20:58:12 – 00:21:32:11
Richard Carthon: Yeah, no, that sounds really cool. And that is a feature that I am looking forward to checking out as well. But kind of to pivot just for a second. As you look at the greater crypto ecosystem, there has been, you know, various years for different types of innovations. Right. So we had called Defi summer of 2019, 2020, we had nfts that kind of just took over the world last year and now we have a lot of metaverse and nfts continuing to prosper.
00:21:32:24 – 00:21:59:06
Richard Carthon: When you look at blockchain gaming and its future in the space, if you look at the gaming space in general, gaming is one of the largest categories for both innovation and participation and money being spent. How do you think that’s going to translate over into blockchain gaming and also being able to mix in the NFT space within the gaming space also?
00:22:00:18 – 00:22:36:29
Richard Carthon: Yeah. Those are some really, really good points. We’re actually at an amazing time in terms of this is just the beginning. And so in terms of traditional gaming, it’s actually one of the biggest industries. It’s taken over the film film industry, and it’s pretty much a multibillion, I would even say trillion dollar industry and NFT gaming. It’s definitely going to be the new adoption. And one thing to really note, and it’s very important in terms of the speed of the adoption.
00:22:37:01 – 00:22:46:27
Richard Carthon: This is some finished reading increases. So I actually believe that within two years, additional games will also be played. And
00:22:48:18 – 00:23:16:16
Richard Carthon: I think that this is something that’s not going to take that long and we’re just at the beginning. So in terms of investing in gaming entities, it could not be a better time to get into it now. So this is sort of like people’s opportunity to invest in Microsoft Up, you know, back in the nineties. And so, you know, this is something that I would really sort of urge people to get involved in.
00:23:18:02 – 00:24:00:08
Richard Carthon: And one one cool thing that I know is, well, on, on gamers, because we are a social platform. You can actually engage and create a profile and just learn about new NFT games just by following gamers and following leaderboards. So we actually have like a games leaderboard. You can actually follow the metrics of the highest rated games in the gamers ecosystem and actually learn about the games through the game pages and actually discover the websites, the social links and even launch the actual game through games.
00:24:00:29 – 00:24:13:29
Richard Carthon: So this is something that we also platform that wants to educate people on just how so big that this space is really going to grow. And like I said, we’re just at the cost.
00:24:15:19 – 00:24:47:12
Richard Carthon: Yeah. And I everyone listening makes sure you go run that back a couple of times. There have been a few times where we’ve had people on the show kind of make that kind of distinction of research. This, look at this and in X amount of time, this is where the future is headed and those foreshadow things have come true. So who’s to say that this won’t? I tend to believe that as huge as gaming is, it’s inevitable that it also will become the blockchain that it will be participating in more like NFT types of plays.
00:24:47:21 – 00:25:17:13
Richard Carthon: So I’ve just learned through listening to other speakers who have come on this show who have kind of given me that same kind of nugget of like pay attention to this typically, right? So I am one again everyone to listen to that and figure out ways that they can keep educating yourself and finding ways to get involved in this space early, because it could be all the difference in opportunity that you see for yourself economically in the next couple of years.
00:25:20:02 – 00:25:49:17
Richard Carthon: One other thing. As we kind of wrap up here, I’d like to wrap up with a couple of fun questions. And the first of I like to ask is, with all the information that you have right now through being in the crypto space for five years now, being in gaming and NFT and seeing everything that’s happening and building out gamers, if you could take one or two pieces of wisdom and impart that wisdom to yourself, either back in 2017 when you were first in the space or when you were first building gamers, what would you tell yourself?
00:25:53:02 – 00:26:35:25
Richard Carthon: I would tell myself, which I do now. So really study projects that you’re going to participate in. One of the best ways is through reading their white paper. That’s essentially the blueprint and everything that they’re going to build out. And that essentially will tell you if that project that’s long term or if that project that’s sort of just going to be around for the for a short time. So I would definitely advise people to really study projects not just by viewing their websites because, you know, a lot of projects, they do invest heavily on the sort of graphic design and then having an amazing website.
00:26:36:08 – 00:26:52:08
Richard Carthon: But you have to look under the hood and actually read the black people. And secondly, to also look into that theme as well. That’s something that’s important. And just from like a macro level, when it comes to blockchain,
00:26:53:26 – 00:27:25:01
Richard Carthon: really understanding where the space is headed and the best way. It’s the course redesign as well. So I would I would always educate by sort of, you know, reading about about the news and then really understanding where the space is headed and just the sort of if users do that now, they’re probably going to end up so come into gaming and see gaming and the metaverse essentially which which is what gamers is a focus of.
00:27:25:08 – 00:27:25:23
Richard Carthon: Yeah.
00:27:26:05 – 00:27:53:09
Richard Carthon: Yeah. I think those are great pieces there. Keep educating yourself, do your own research. And before you just dive in, make sure that you understand what you’re getting into if you’re really trying to make any kind of investment, especially if it’s going to be a sizable one. Reading and educating yourself is always a great path forward. You have given us a ton of information and I think everything has been amazing. What is a final thought that you want to leave with all the listeners here today?
00:27:55:01 – 00:27:56:17
Richard Carthon: Okay. Final thought
00:27:58:11 – 00:28:30:23
Richard Carthon: I would have to say the search aggregates launch, we call it some for sure. This is one of the first products that we’re going to be launching. And it’s really a great way to learn about the industry, participate in trading, creating your own profile and actually, you know, really getting into the game. And for those who are new to it, it’s really easy and intuitive. So it’s nothing to really sort of like.
00:28:30:25 – 00:28:39:10
Richard Carthon: It’s not a difficult signing process. So yeah it does. That’s probably the last thing and check us out and games dot com
00:28:40:26 – 00:29:02:11
Richard Carthon: all through our handle is at game us NFC and that’s also for Facebook and check out our community. We have an amazing community of gamers on Telegram and Discord. So join us and join us through the journey of gamers and then headed towards game for us.
00:29:03:24 – 00:29:35:14
Richard Carthon: There you go. Well, you heard it here first on card. Thank you so much for spending some time with us. Thanks for all the different handles that people can learn more about this April 15th can be a cool day to first see how everything’s working, and you’re going to have a lot of other product launches along the way this year of 20,022. So again, thank you so much for your time and of course for everyone listening stay crypto current. Hey, Crypto Current Crew. We want to give a quick shout out to all of our faithful listeners out there. It’s been an amazing journey and we really appreciate your support throughout the years as we’ve been growing as a community.
00:29:35:26 – 00:30:06:24
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00:30:06:26 – 00:30:37:29
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00:30:38:07 – 00:31:11:12
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00:31:17:04 – 00:31:29:15
Richard Carthon: Thanks for tuning into another episode of Crypto Crime with Richard Condon. We’ll be back with more exciting developments from the world of blockchain and cryptocurrency next week. But until then, stay crypto.
00:31:29:17 – 00:31:30:02
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00:31:39:16 – 00:31:42:02
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00:31:46:21 – 00:32:21:13
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