Summary of First & Second AMA session Q&A
Greetings,
From the Bryllite team.
Many people participated in our last AMA session, and many questions and answers were discussed.
Today, we would like to summarize all the questions and answers that came up in the 1st and 2nd AMA sessions.
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Q: Is it possible to participate in Pre-sales now?
A: Yes, the pre-sales will run until June 30th.
Q: How do I get a 25% bonus private sale?
A: Private pre-sales requires a minimum of $50,000. In addition, the public pre-sales requires a minimum of $20,000 and you will receive a 10% bonus.
Q: How many alliances will participate?
A: Currently, more than 20 developers are confirmed to participate in the project. We are still in contact with companies and many of them want to join our project. Participation is expected to increase further.
Q: Where can I see the token sale contract?
A: You can check the contract code at http://github.com/bryllite/bryllite-ico/
Q: When will a game on Bryllite be launched?
A: The game with Bryllite will be released with mainnet. The mainnet is scheduled for Q2 2019.The first participating games have a big advantage. We prepare to give this opportunity to many participants. So we will open to many games at the same time.
Q: If Bryllite is sold out at pre-sale, are there no opportunities for public sale participants?
A: Yes. this is correct.
Q: If the game data is recognized as a user asset, is the risk of game companies too big? For example, if a character purchased with BRC is adjusted due to in game balance, are the users responsible?
A: It is basically a system that does not affect the business model, which is the revenue model of the developer. Also all game data will not go to user assets. As a plus alpha, once Bryllite is made available, we plan to expand the product.
Q: What is the standard exchange rate for participants?
A: Based on the closing price at CoinMarketCap on the day of transfer (UTC).
Q:Is there a token allocation before the main-net?
A: Yes. After being distributed as ERC20 token, it will be swapped on a 1:1 basis with the mainnet launch.
Q: How long is the lock-up period for Bryllite advisors, management team, employee?
A: It will locked until the mainnet launch, and the lock period will release gradually after the mainnet launch. After launching mainnet, we will be phasing out locks only if we achieve the roadmap we have set.
Q: Could I classify Bryllite as a reverse ICO?
A: Yes, Bryllite is reverse ICO.
Q: Are there exchanges discussed in relation to the token listing?
A: The Global Big 3, the Korean big 3, and Coinzest who we have invested in are under review.
Q: What is the expected listing date and the expected listing price?
A: We expect 3Q for listing and the listed price is not available.
Q: When will the token be used in the game?
A: It can be used once main-net is launched and swapped to BRC.
Q: Could you tell us where brilliant sales revenue is being used?
A: Sales revenue will be transparent and open to public accounting firms. We are also regularly audited.
Q: When service is terminated, how will the value of the game assets be recognized?
A: In the case a game is terminated, if the game assets are converted into BRC the users can benefit from holding BRC coins.
Q: Does it apply only to new games?
A: No, it’s not just new games. The release date of the game does not have to match the Bryllite launch date.
Q: When will you open fund raising status?
A: Since pre-sales contracts are based on security, real-time disclosure is difficult. We plan to notify you through our official channels and media with fundraising updates.
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We hope that we have resolved your questions.
AMA sessions will be held on a regular basis. Once the next AMA schedule is confirmed, we will notify you via our chat-rooms and blogs.
We look forward to your continued interest and participation.
Finish with the authentication shot of Kim Yu-Ra who was uploaded at AMA.
Thank you very much.
The Bryllite Team.
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