We had the pleasure of hosting the team from Klapes for an informative AMA session where they answered the community’s questions about the Klapes project’s current and future activities. Listen to the AMA session below or read on for our recap!

Note: Some of the text have been edited for grammar and clarity.

Date & Time: Mar 16th at 6pm SGT / 7pm KST
Platform: Twitter Spaces
Speakers: 
Turner (COO), Garthos (Game Director), Judi (Project Manager), and Bex (Project Manager) from Klapes
Host: Sofy, Community Manager at Klaytn Foundation


Introduction

Sofy: A very good evening to everyone and Happy Wednesday! Welcome once again to another AMA session with us. I am Sofy, community manager for Klaytn and I will be your host for today’s session. Thank you so much everyone for taking time to be here. Especially the Klapes team. As they are located in a different timezone from most of us.

Today’s session will be divided into 2 parts. We will begin with an introduction from the Klapes team, followed by questions from the community that we have compiled. Feel free to drop your questions for the awesome Klapes team in Klape’s Discord.

Please introduce yourselves to the community, and I am sure those who are new would love to know more about Klapes.

Judi: Hi, Sofy! Thank you for having us and hosting this AMA — we really appreciate it. Today, from the Klapes team, we have: Turner — our COO. Garthos — our Game Designer. Bex — one of our project managers and me, the other project manager! We’ve been looking forward to answering some questions from the community and talking about Klapes Klubhouse and some future plans for the Klapes project and MMJP.

For those who are new, Klapes is an NFT project built on the Klaytn blockchain. The project was launched in December of last year and did very well during the original mint, selling out in less than 20 seconds. Afterwards, we became the first verified Klaytn collection on OpenSea. In January, we developed our second collection, Baby Klapes, giving holders one Baby Klape for each Klape they owned. Since then, we have been developing the Klapes DeFi game, Klapes Klubhouse, which we will be releasing Part 1 of on Friday!

The whitepaper is currently published on the Klapes website, but for those of you who haven’t had the chance to read through it yet, we will give you a quick run through.

Klapes Klubhouse is a DeFi staking game that allows holders of Klapes and Baby Klapes to stake their NFTs and earn rewards. By staking NFTs in Klubhouse holders can generate $KOCO and, in Part 2, holders can use that $KOCO to send their Baby Klapes treasure hunting in the Ruins of Gutan to find new and unique NFTs.

Questions

Q1
Sofy: What was the inspiration behind Klapes Klubhouse and what made you guys decide to create a DeFi staking game?

Garthos: We actually had several game concepts that we had come up with and one of those was based around Klubhouses that could potentially be bought and sold and have social rooms that could be built by the owners. However that initial design would have required a much longer development effort to implement and we felt had a higher risk of failure. There was just something that we all liked about the social interaction of the first Klubhouse design that we wanted to retain but also wanted to put more focus on the staking mechanics and coin generation for holders. The Klompster made the perfect “villain” for this concept which brought an element or risk vs reward that just felt right.

Q2
Sofy: Some blockchain gaming platforms need a deposit in order to play their games. So, does Klubhouse require a deposit in order to play it? If so, what is the minimum or initial deposit amount required?

Bex: There is no deposit required to participate in the Klubhouse. The only cost will be the gas fees for staking and unstaking the klapes and baby klapes that is very minimal.

Q3
Sofy: Klubhouse is a staking game. Is it also a play-to-earn game?

Turner: I would say yes. While there is a staking mechanic, your participation is what will allow you to earn $KOCO.

Q4
Sofy: Could you please describe $KOCO’s tokenomics?

Garthos: Klubhouses are the main faucette for earning $KOCO. Part 2 of the Klubhouse Game will be one of the major token spends as players will spend it to earn new monthly exclusive NFTs. That being said, we do have some other uses in mind that we will be sharing in the near future but we are not able to discuss just yet, but SOON!

Q5
Sofy: What is your marketing strategy that will help expand Klubhouse’s community and make Klubhouse popular?

Judi: A majority of our current marketing strategy has been put together by IndigoChild. It started with our partnership announcement and listings on Hashnet. We have also had banner ads on Coinness. There have been articles, and will be more articles, on sites like Coinreaders, Coinness, Bitman, Cobak and more. We also have PR planned for some of Korea’s largest KOL Telegram channels and another AMA that will be hosted by IndigoChild on Friday — right before the launch of Klapes Klubhouse.

Q6
Sofy: Could you please share with us Klapes’s long term goals?

Bex: Our long term goals with Klapes is to release Klapes Klubhouse and build up hype and demand for the project, re-launch Baby Klapes, and then expand and build upon the Klapes Universe hand-in-hand with the DAO’s decisions.

Q7
Sofy: How are the NFTs going to be like for Klubhouse? Is it just going to be Baby Klapes only or will there be new types of NFTs like weapons, new versions of Klapes?

Turner: Some of this is TBD and will likely be available for the DAO to help decide. The NFTs that are earned in Part 2 are not currently planned to have utility. If that were something the DAO would like to see, that would most likely be in a later Phase.

Q8
Sofy: Do you have a token burning plan to increase token value and attract more investors to invest?

Judi: At this point, we do not currently have any plans to burn tokens, specifically Baby Klapes. When Baby Klapes minting opens in the future, of course, the hope is that all of the Babies will quickly find homes. We may have to reassess in the future depending on the NFT market, initial sales of Baby Klapes, and some other factors that will need to be taken into consideration. We also want to keep in mind that there are some really great 1 of 1s still left in the collection!

Q9
Sofy: Asides from Klubhouse, are there any plans for more DeFi games in future?

Garthos: Yes, we have another game, Next Horizon, in the works that we have already shared a few details on.

Q10
Sofy: Is it possible to receive Klay with DeFi staking interest on Next Horizon DeFi?

Turner: We aim to have some Next Horizon resources listed on a Korean exchange (or DEX) so they can be exchanged for KLAY. Further details will be made public as development for Next Horizon continues.

Q11
Sofy: What’s going on with the Klapes global public relations plan?

Judi: We partnered with IndigoChild to support our marketing campaign for both Klapes Klubhouse and Baby Klapes, you may have already seen partnership announcements from them on social media! You will see more from them in the coming days and weeks.

Q12
Sofy: As the holders’ royalties are so minimal, I suggest Klapes to deliver more benefits to the public rather than just holders.

Bex: We aim to provide benefits to our holders as a priority. In order to play Klapes Klubhouse you need to be a Holder. On top of that, benefits for future projects also require you to be a Holder. We believe that people will see the benefits of holding with the release of Klubhouses and into our future, and that will be something the public will want to be a part of.

Q13
Sofy: Moderators are needed. Many components, such as responding queries, are too slow in comparison to comparable projects. Other projects require 1–2 weeks to get alerts or answers that are sent out in a single day. Is it possible that the lag is due to a process that requires Klaytn’s approval?

Judi: We do currently have a handful of moderators. We appreciate that it can take some time to respond to inquiries. Klaytn does not have an approval process over Klapes announcements. We provide updates frequently, the speed of which is dictated by what we have to share. We do not want to ping channels just to appear busy — we want to provide content that is worthy to the community.

Q14
Sofy: How long does it take from Klubhouse to Next Horizon DeFi?

Turner: We aim to have Phase 1 of Next Horizon available in Q2 of this year. After the launch of Phase 1 of Klubhouses, and prior to Phase 1 of Next Horizon, we will be working on Phase 2 (Treasure Hunting) for Klubhouses.

Q15
Sofy: Is there a difference in the mining amount of Klapes and Baby Klapes in Klubhouse?

Garthos: Only Baby Klapes can generate $KOCO in the harvesting Phase for the Klubhouse. The generated $Koco is distributed equally to all Klapes and Baby Klapes staked in that Klubhouse at the completion of the Harvesting Phase. Further explanation can be found in our whitepaper.

Q16
Sofy: What exactly can I do with the tokens mined by Klubhouse?

Bex: The tokens acquired through Phase 1 of Klubhouses can be spent in Phase 2 in order to go Treasure Hunting! We also have some other burn mechanisms in mind which we hope to share with you in the not too distant future.

Q17
Sofy: When will Discord holder verification and the translation bot be available? We want a definite date.

Judi: We have been informed that Klaytn is currently working with devs to create a holder verification bot. Once that is developed we will certainly look into it and implement it into our Discord. The translation bot is currently in testing, we are looking into the output it creates specifically, as it is not as reliable as Google Translate in its current form. It is something we will spend more time on once we have work completed on Klubhouses.

Q18
Sofy: Do you have any intention of showing partnerships with investors on the Klapes website? Most Korean NFT projects demonstrate this.

Bex: This is a great idea. We will discuss this with the engineering team to add a section that highlights Klapes partnerships and collaboration that Klapes is part of.

Q19
Sofy: Why do you decide to do a DAO which eventually leads to paying the gas fee anyway? One option would be just creating a discord holder authentication bot and do like DAO instead because it seems okay now but will be risky when the gas fee goes up.

Turner: This was mentioned previously in the Klapes discord, but there may have been some people that missed the announcement or are new members to the community. The Klapes team was made aware that Klaytn is currently working with a team to develop a verification system. We are currently not aware of a Discord bot that is able to take weighted votes into account. Once that system is established we would be interested in looking into implementing weighted DAO voting within the discord. Until weighted voting is possible with a discord bot, we plan to continue holding official DAO votes on the Klapes website.

Many thanks to the talented team from Klapes for taking time out of their busy schedules for our AMA! To find out more about Klaytn and join our growing global community, please follow these links below:

Website | Twitter | Discord | Telegram

We had the pleasure of hosting the ape-mazing Klapes team for a fun-filled AMA session where we got to know more about them and their exciting Klapes NFT project. Many questions were asked, answers were given, and laughs were had. Listen to the AMA session below or read on for our recap!

Note: Some of the text may have been edited for grammar and clarity.

Date & Time: December 9 at 9pm PST / December 10 at 2pm KST
Speakers: Boogy, Bex, Judi and Garthos from Klapes
Host: Sofy from Klaytn Foundation

Introduction

Sofy: Today, we have our very first AMA guests, making their mark on our Discord stage with their presence. It is indeed an honour to have the Klapes team with us today! We will break the ice with a round of introductions starting with the leader of the pack.

Justin, could you please share more about yourself and the story behind Darthboogy?

Boogy: Oh, goodness. Hi, I’m Justin, everyone calls me Boogy. So, I really like Star Wars. Most of my tattoos are Star Wars. And when I was younger, I did a little bit of breakdancing and my nickname was J Boogy, so it was like a nerdier transition to Darthboogy. That’s how I got it. And the dark side has cookies. They do.

I kinda gathered everybody, and we had a really good idea. I’m everybody’s biggest fan here, so I don’t know who left me in charge but we have a lot of fun here. It’s a good time at Marshmallow Jetpack and with the Klapes team. Most of our success will be because of the people that follow.

Sofy: Thank you Boogy for the intro. Next up, we have Garthos.

Garthos: Thank you, Sofy. I am the Game Director and resident dad joke aficionado at Marshmallow Jetpack. I have been in the gaming industry for over 15 years and have thoroughly enjoyed bridging the gap between NFTs and Gaming. It has been a pleasure working on this project and I look forward to seeing what kind of monkey business we can get into as the community grows.

Sofy: Thank you Garthos. Next up, we have the only rose among the thorns. Welcome on stage, Bex!

Bex: Thank you, Sofy! Hi everyone, I’m Bex. I’m a Project Manager at Marshmallow Jetpack and am having a lot of fun getting to know the Klapes community. Thank you so much for having us here today.

Sofy: Likewise, Bex. Next up, we have Judi. Fun fact: I actually thought Judi was a lady until we had an online meeting. Judi, the stage is yours!

Judi: Thanks, Sofy! I get that a lot because of my name. It actually started as a character name when I played World of Warcraft. I had a character that I named after Judi Dench, the actress, and the name sort of stuck. Thank you for hosting the AMA for the Klapes community and we’re glad to be able to answer some questions.

Questions

Q1
Sofy: Would any of you care to tell us a little bit more about Klapes and the inspiration behind it?

Boogy: We wanted to do a project on Klaytn, and apes are very hot in crypto so we came up with Klapes. That’s pretty much how it came about — it makes sense!

Q2
Sofy: How many members are there on the Klapes team?

Boogy: There are 10 active development team members working on Klapes, but there are a host of additional members from Marshmallow Jetpack and Klaytn supporting the project. As you mentioned, a majority of us are from North America and we have one member from the UK.

Q3
Sofy: What is the reason behind the team’s preference for the Klaytn chain over the Ethereum chain?

Boogy: We strongly believe in Klaytn as a blockchain, but are aware it isn’t as prevalent in the West. We decided to mint on Klaytn to bring it more attention from people on this side of the world.

Q4
Sofy: What is the concept behind the collection? Why the hanging apes?

Bex: The Klapes were conceptualized by our artist, Andrew Dorland. He wanted to create a friendly, expressive character and was inspired by Curious George and the children’s game “Barrel of Monkeys”.

Q5
Sofy: Will there be any P2E feature or utility for Klapes?

Garthos: Yes — the primary utility will be access to the DAO. We strongly want community involvement on the direction of the project so there’s a strong chance for further utility if the community decides so.

Q6
Sofy: How do people check if they’re on the presale list?

Judi: We will be releasing a list of wallets that have access to the presale a couple of days ahead of the presale itself. Additionally, leading up to the presale we will have an opportunity for a handful of community members to be added to the presale registration list.

Q7
Sofy: If presale will be guaranteed, should we mint it via FCFS?

Judi: Each sale window will be first come, first serve for those minting in both the pre-sale and public sale.

Q8
Sofy: Has the team considered the barrier of entry challenge to this going to the moon which generally has involved cross-border enthusiasts, or is the focus more on the Korean/Asian/European markets?

Boogy: We don’t see this as a barrier, but rather an advantage for us, because as the first NFT project supported by the Klaytn Foundation we believe we’re in a strong position to bridge the Eastern and Western markets on the Klaytn blockchain.

Q9
Sofy: Can you share more about the roadmap for Klapes and plans for its future?

Judi: We have some things lined up that are listed on our website, but the biggest and most exciting thing we can mention is a Klapes DAO. Once the Klapes collection is sold, we plan to establish a Klape DAO. With the DAO, the community will be able to give feedback regarding the future of Klapes.

Some possibilities that the DAO could have a voice in helping to decide are: will a coin be created, is there going to be a mining aspect, are there going to be games or a metaverse, etc.

We are led to believe, just from the presale registration alone, that the Klapes project will be sold out very quickly. We’re just focusing on releasing the DAO and bringing the community in on future decisions.

Since we are the first NFT project supported by the Klaytn Foundation, we really want to foster the Klaytn community, which is why the DAO is so important to us and our roadmap.

Q10
Sofy: Is there a list of rare attributes for the Klapes?

Garthos: There are 4 tiers of rarity for most of the traits, with the exception of eye color and expression. We do have ten 1/1s available in the main collection, and there is also a separate 1/1 Honorable Klapes collection that’s not part of the initial 5,000 that will be minted. After the minting goes live a rarity chart will be released.

Q11
Sofy: What does it mean to be the first NFT project to partner with Klaytn? Who might be your biggest competitor right now, and what are the unique features of Klapes that will allow it to stand out?

Bex: We don’t want to consider other projects in the space as competitors, but rather as collaborators as we want to foster Klaytn’s NFT growth.

One of the advantages is that we are the first NFT project backed by the Klaytn Foundation, which helps us in spearheading the NFT ecosystem on the Klaytn blockchain. One of the things that we really feel is important to that is the artwork, so huge props to our artist Andrew Dorland!

Q12
Sofy: You’ve released a few sneak peeks in the Klapes Discord. What are some of your favourite Klapes traits that you’re excited to see?

Klapes: The Lord of the Ring ones, the one with the Boba cup, the one with the onesie. And if you’re a cat fan, there is another trait that’s going to be a favorite. There’s also one with a Klaytn medallion, and one that’s Planet of the Apes with the Statue of Liberty — the Planet of the Klapes.

Some of my favorite things about the project were the backgrounds. I really enjoyed kind of seeing those develop and how they look in conjunction with the accessories on the Klapes. A lot of the backgrounds remind me of the end credits of The Mandalorian, where they paint out some of the scenes from the episodes.

Q13
Sofy: With the holidays coming up, do any of you have any exciting plans or travel coming up?

Bex: I’m originally from the East Coast. I live on the West Coast now, so I’ll be travelling all the way across the country to Maine for the holidays, hoping for a white Christmas.

Garthos: I’m doing the opposite, I’m having all of my family come up here to Southern California for the holidays.

Boogy: Hi Garthos, I’ll be in Delaware!

Sofy: So there you have it, our community members’ list of questions. And now we’ll move on to the live Q&A.

Live Q&A

Q1
Sofy: What is the main strength of Klapes compared to other projects?

Boogy: I think one of the biggest strengths is going to be our DAO, which is going to be our community.

Bex: Also, I think our art is amazing!

Garthos: One of the things that we really pride ourselves on is the communities that we have and how we develop those and the people that have joined our community have really been spectacular and we want to keep that growing and fostering that.

Bex: Communities are what make the projects.

Q2
Sofy: Are there any plans for the Klapes NFTs to be used in a game?

Garthos: That’s one of the things that we’ll use the DAO to decide. We’re going to let you as a community help make some of those decisions about what we do next.

Boogy: We really want to empower the community.

Bex: That’s what’s so exciting about a DAO — the community gets to decide what happens.

Boogy: It’s like the spirit of crypto. We all rise together, we’re all going to make it. And the perfect way to represent that is a DAO.

Q3
Sofy: If the Klapes NFTs are not sold out at launch, do you have any plans to burn it or keep them available?

Judi: We would probably keep it open, at least for a while, just in hopes of bringing more community members to the DAO. Anybody who wants to have their voice heard and contribute to the future of Klapes are welcome to be part of it.

Boogy: But the pre-sale slots filled up pretty quick and a majority of the people want three, and then there was another question asking if people would want to mint more in the public sale, and over 90% said yes. I don’t anticipate these Klapes lasting very long.

Garthos: If something like that happened, we would talk with the community. It’s not something we’re just going to make a decision on our own, but every indication we’ve seen so far has been that we expect these to go pretty fast.

Q4
Sofy: What’s the Westerners and Korean holders ratio?

Garthos: It’s going to kind of be really, really hard to speculate. But I’m going to guess 40% Western, 60% Korean.

Judi: What we’re trying to do is to bring more Western users onto the Klaytn blockchain.

Bex: I do have a lot of friends whose first NFT is going to be a Klape, which I think is going to be exciting.


Many thanks to the Klapes team for being such awesome guests and the community for your questions! To find out more about the Klapes NFT project, you can visit their website or catch them on DiscordKakaoTalk, and Twitter.


Apes on Klaytn. Why not just call them Klapes? That was the thinking behind the latest NFT project to drop on Klaytn. Inspired by Curious George as well as the children’s game “Barrel of Monkeys’’, the artist behind the project, Andrew Dorland, wanted to create a friendly, expressive character that could bring people together in a fun community.

Klapes is a collection of 5,000 programmatically generated ape cartoons that are tokenized on Klaytn. Users have to mint the non-fungible tokens before they know which specific Klape they are getting — adding an element of mystery to the purchase. Whether you’re feeling mad, sad, or glad, there’s a Klape for every moment of the day. Collect, trade and share your Klape moments with your friends in the Klape community!

“We really believe in the KLAY coin and wanted to create something on the Klaytn blockchain that would make a splash in the Klaytn NFT space,” says Justin Smith, CEO of Marshmallow Jetpack, Inc., the company behind the Klapes NFT project.

The Klapes NFTs will officially be open for minting on Klaytn on
15 December, 2021 @ 7:00pm PST / 16 December, 2021 @ 12:00pm KST.

To gain access to the presale signup, join the Klapes Discord server and follow them on Twitter to receive to-the-minute announcements about the project.

How to play:

  1. Mint the Klapes NFTs on the Klapes website. Each individual user can mint up to 20 NFTs per transaction, with as many transactions as you wish while the supply lasts.
  2. Transfer the Klapes NFTs to OpenSea for trading.
  3. Collect them all!

Get first hand updates on Klapes Discord!