Blockchain Gaming on Sonic w/ Sacra

Recorded: March 11, 2025 Duration: 0:28:09
Space Recording

Short Summary

Sonic has launched, offering new opportunities for yield and user engagement through innovative programs like fee monetization. The GameFi sector is seeing growth with projects like Sakra, which is leveraging blockchain for decentralized gaming experiences. Internal fundraising through previous project profits is also highlighted as a strategy for new developments.

Full Transcription

Up, everyone. If you can hear me loud and clear, give me some emojis. I always like to get the feedback before I start. Awesome. If you can hear me, give me some 100s, please.
Awesome, awesome. Okay, cool. Let me go ahead and share this. Here we go. Here we go. All righty. We'll get started shortly.
Yeah, we took a little hiatus. The team was...
A little recap, the team was in Hong Kong, and then a lot of the team met up in Denver.
So we spent some time in Eat Denver, which was fantastic.
I know you guys have been seeing some of the content if you're following the main account, as well as other pages.
Go ahead and follow the ecosystem account.
We got Sonic World account.
We also got the intern account and all the people across the team.
We got Ash, the assistant, Sam, Johann, Seg.
All of them active here on Twitter, so make sure you guys follow them.
But Eat Denver was fantastic.
People were super hyped about Sonic.
I know BD was very, very busy talking to people about deploying on Sonic.
So it's been a really fun time.
And just to make sure you guys could hear me, give me some 100s.
Let me invite Sakra.
Cool, cool.
Just want to make sure you guys can hear me.
Heck yeah.
I just invited soccer up here.
But yeah, and then obviously there's been a lot of momentum.
I know market conditions are a little bit wonky.
But nonetheless, I think there's a lot of excitement on Sonic.
Obviously, I'm biased, but I'm also, I want to do a reminder.
Like, I'm also a user myself.
Like, I work internally.
You know, I'm part of the marketing team.
But I also like to dive in myself and obviously use all the applications, all the, I like
to farm myself.
So there's just a lot of fun things going on on Sonic, you know, whether you're buying
an NFT for the first time, like a derp.
whether you're finding some yield on different applications, you know, doing a swap on shadow,
SwapX, providing liquidity on shadow or swapX, et cetera, Metropolis.
There's so much to do so.
I think if I know, I don't know about you guys, but I do get a lot of DMs from other people and other ecosystems.
that they're like, hey, how do I get involved in Sonic?
I always shared my, uh, my pin tweet on my account because it allows them to kind of go down
a rabbit hole, right?
Once you bridge, then what?
There's a lot of different things you can do.
So, um, whatever you guys, whatever conversation you guys are having, uh, you guys,
the community are obviously like some of, you guys are part of the marketing team.
You guys are truly part of the marketing team because you guys are helping other friends,
other normies get introduced to Sonic.
So, uh, yeah, it's, it's been a lot of fun.
And I can't wait for more deployments. There's a lot down the pipeline.
A lot of cool stuff. But nonetheless, yeah, we're here.
And today we have Sakra. How are you doing? Who's on the other side of the mic?
Hi, everyone. I'm Kate. The CEO of Sakra.
Nice to be there. Let's talk about crazy stuff about our project.
Of course. Well, thank you, Kate. Thank you so much for being here.
I'm excited because you guys are obviously, you guys have been building not only on Sonic, but you guys were live on Phantom, correct?
Yes, first we run to live on Phantom and we run our first TestNet on Phantom.
After that, Sonic went live and we immigrated to it and happy to be there.
Sonic brings us
a lot of opportunities, a lot opportunities for our users, such as an Airdr program.
A lot of our users participating in this Airdr program.
And we are happy to build on Sonic.
Yeah, that's right.
Yeah, no, I'm really excited to chat with you today.
I want you, you know, as all my spaces, for those listening, I like to do high overview spaces where we introduce, in this case, a game where we introduce an application, whether it be lending and borrowing, an NFT, you know, decks, et cetera.
So I'm really excited to kind of get into this, Kate.
We could start with a very, very brief intro.
Obviously, you mentioned you the CFO, but give us a little bit of background about your own crypto experience.
You know, when did you first come into the space?
and then what have you been building in the space before soccer if anything and then what what led up to soccer we'll start there
Yes, I have joined the crypto space at 2020, you know, this year of Depi.
And that is how I entered the crypto space.
First, first I have worked as a project manager in a web tool, like simple IT companies.
And then I started to...
explore crypto, started to explore investments. And I realized that people also building apps in
crypto and I can work as a program manager in crypto also. And I found
My current founder, our current founder,
we were building the Defy project called TETU.
It is a yield farming.
It still works and actually I should say that we had a bootstrap for SACRA by this project.
So we had big profits on this product tattoo and we built for these investments the Revolution Game 5 project.
So that is my experience. I can call myself as experienced person in Defi and in GamePy.
Yeah, no, I always like asking that question because it's always nice to kind of look back.
I sometimes forget when someone asked me like, when did you get into crypto?
And I start talking about like, dang, we've been, you know, we've seen some stuff, right?
And you kind of start realizing how you ended up here.
So it's really cool that you mentioned you, you know, you've done some project management in the past.
You met up with your now co-founder.
And now you're building the leading protocol in terms of like fee monetization, which we'll talk about later on Sonic.
Now, talk to me a little bit about the inception of Sakra.
What was the inspiration?
Why did you and your co-founder sit down at a table, I assume, and say, hey, we should build
It was very interesting story.
It was the experiment for the first time.
Our founder, Belvix, he is a genius, I can say that.
And he wanted to put us in a challenge to build the fully decentralized game,
which no one else made.
And first things first, it was started as a challenge.
And then we realized that market needs it.
And we realized that we can sell this as a product.
And so we see that we have users after we launched the test net.
And we saw a big interest for this full decentralization and all advantages.
It gives to users, for example, nobody can ban you.
All the progress is saved.
Nobody can get from you all your assets and your assets have some value.
That are the main advantages we have.
And yeah, that started as a challenge and ended as a real good product.
Yeah, no, I'm looking at your bio right now.
So you guys describe yourself as a dark fantasy RPG, a role-playing game, right?
First fully on-chain game that seamlessly combines true ownership and financial incentives, which you just explain right now.
Now, okay, that's an inception.
That's how it came to be.
What can people do that?
What's the game about?
What are people?
What are some actions that, for those that have yet to play the game or experience it,
walk us through a little bit of the some of the stuff that you're able to do within the game?
Okay, the game actually designed for people who like to think and explore different outcomes in quests.
They like this dark fantasy narrative in games, and they like to explore the game lore, and they like challenges.
So the game is about, I will explain the lore. The game is about how hero...
who wakes up and explore the world of Sacra.
He met the monsters, different quests, different shrines.
And the gamer needs to balance between hero stats,
between different items he can equip.
and thrive and thrive.
And we have a lot of levels and bios in the game.
And the higher biome you play, the higher rewards you will get.
And the higher you will be in top list.
And the higher rewards you will get in EARDOR programs.
So that is how we attract our players to play more and more.
And also we have the feedback that the game is very hard, very, you know, irritating, but it is so interesting to play.
And that is why our players return again and again.
It's so funny when you think about it, right?
When a game is hard and people come back, like, I guess that's what people want, right?
They want something that's not easy.
But I have yet to experience it yet myself.
I'm going to be honest.
However, I just haven't had time to come across.
But I know a lot of people like it for that same reason you just mentioned right now because
it's difficult.
It's interesting.
Again, it's RPGs, roleplay, so you get to figure out different things, et cetera.
Now, I want to talk a little bit about, like, just like...
Building anything in crypto, building anything in general, right?
Whether it's in Web 2, Web 3, et cetera.
It takes a lot of, you mentioned bootstrapping earlier.
Not a lot of people understand that concept.
Bootstrapping, obviously, when you can't raise money, not that you can't or there's different avenues or, again, you simply can't raise money.
You have to go bootstrap yourself, whatever that looks like, right?
So you guys obviously bootstrap, but I want to walk us through like,
i mean i talked to dexas a lot right we see dexas how i mean how hard is it to build an
r pg game like on chain i really i'm always been curious like can you give us some insight on
just so people can understand what it takes to build um not only in crypto but a game on chain
well um what i can say uh that we spent two years uh to build this game and uh um
After we launched the test net, we were building the tokenomics because we understood that it wasn't perfectly balanced.
So it was like two and a half years to just build this fully decentralized economics, which shows that it is hard.
Also, I would say that...
Sorry, lost my thought.
No worries, no worries.
Take your time.
Just to reiterate the question, I'm just like, I just want people to understand like what it takes to build, right?
Because sometimes, you know, as a consumer, we're on the other side.
We want things to work, to go up, whatever it may be.
I just want you to kind of give us an insight on what it means to build, especially a game that's on chain, which is not an easy feat.
So, yeah, we could keep explaining that.
Okay, I would also say that when you built such game, you need to realize that it wasn't very...
friendly to non-crypto guys.
It is not like hamster or something like that.
The game will be hard to enter for non-crypto guys.
And you need to realize that you will need some account obstruction app.
You will need to hide some...
transactions because every action is a transaction and it also put some users in confuse.
So there are a lot of stuff you need to predict and you need to work with to make your game more friendly.
Because we still have a feedback about why I need to sign the transaction for every action,
but that is why we used, for example, the transaction delegation when you just provide some
network talking to the delegate account and you don't need to sign transactions and it makes the
gaming process more friendly, but it gives the advantages for the fully decentralized experience.
Also we will make more friendly enter to the game with just mail.
So people won't need any wallet.
We will do the wallet on the back end.
And in our plans in our roadmap also to make the mobile app with processing.
So people will be able to buy crypto just by card,
which also will make our project more friendly for non-cryptu guys.
Yeah, when you build in the fully decentralized game, you need to understand that, yeah, you will get some advantages, but you will need to think about the adoption for non-gryptogyns.
No, I love it. Thank you so much. I think you mentioned there's going to be a mobile app, so that's exciting.
And like you said, it's clear that you guys are focused on making it easier, not just for people to experience the game, but people in crypto.
That's why I commend this because, again, one, it's really hard to build the game.
Then you bring it on chain and then you you add all these like functionalities right you mentioned account abstraction
So that makes it easier right for for transactions to occur and then like you said a mobile a mobile app where people can buy crypto directly
That makes it easier so I really commend that I do want to take a moment just to
Thank everyone that's on here listening we have soccer today soccer is an RPG game on on on Sonic
It also happens to be the number one
Protocol app
on Sonic with the highest fee and rewards, which we'll talk about shortly.
And we have Kate here, the COO, walking us through a little bit about her experience in crypto,
how she kind of came across her co-founder, how soccer came to be.
So if we could give her some 100s, if you guys are listening down there.
I want to talk a little bit more about...
Um, building on Sonic.
Like, I'm assuming, walk us through the decision.
Obviously, you guys launched, um, TestNet Phantom and then chose Sonic as your mainnet deployment.
How important.
I mean, why, why is choosing Sonic or what was the process between choosing a network for this game so important to you guys and what?
What like features were you guys looking for in L-Bor?
I chose Phantom first, obviously, because it was the fastest network with cheapest gas price.
And why we migrated to Sonic, it is obvious because, sorry?
Oh, no, go ahead.
Obviously because Sonic...
became more faster and more cheaper than Phantom.
And also, you know that Phantom is not on maintenance anymore and more and more people
migrated to Sonic.
So it just...
No, we're very, yeah, no, we're very, very happy you're here building with us on Sonic.
Let's talk about fee monetization, also known as FEM.
For those of you that are listening who are not aware of fee monetization,
fee monetization is essentially a program where apps or protocols launched on Sonic will get 90% of the fees generated through their app.
Sokra happens to be one of the leading...
apps that got the rewards on this rollout right so talk a little bit about you
guys have already done some stuff with the FEM rewards that you guys have
gotten back but tell us how important that is for a protocol in general and what
that means for you guys oh yeah of course the FEM feature helps project to
attract users
I mean, it does not help to attract users. It shows project that, it motivates project to attract more users. So they understand that more users, more transactions they got, more money they can earn for their actions. And
If we talk about our project, since we are the gaming project and we are fully decentralized,
which leads to transaction for every action in the game, of course we couldn't just get all this profit to ourselves.
And we will use this reward.
from FEM as a gas cashback for our users.
So we will provide the gas cashback for 80% of spent gas,
and users will be able to claim it every week.
That's amazing. And just for those listening right now, to give you guys some context here, so soccer is the number one project earning FEM right now. They have a total of two million transactions already processed. The total rewards they've already have on FEM is 75.4,000 S.
That's the fees.
And this is all supplemental.
So I'm just emphasizing this because this is why protocols should consider FEM
because it allows them to earn back the fees that they generated, right?
And it supplements to do these community initiatives or, you know, provide more value to your users,
just like soccer is doing.
I just, there's a pin tweet above where they're covered, they're covering some gas fees, right, due to the FEM.
So it's just clear that this gives.
protocols and founders and builders a little bit more leeway when it comes to doing more stuff with their protocol.
I saw a tweet the other day as well that someone hired another dev with the Fiam rewards that they got.
So it's just really cool. I just want to emphasize that.
And I do want to emphasize you guys are the number one protocol app that is receiving Fiam.
Yeah, no, thank you so much.
I wanted to say that it is a win-win deal. I saw some comments that people ask us about that, oh, of course, you are the number one app on PM because you have the transactions.
for every step.
But that is why we decided to do the gas cashback.
So it is a win-win deal.
We are motivated to attract more users.
because we also will get some percent of this additional profit.
And our users also are motivated to play our game again and again
because they see that we will cover their gas fees
and our game will become more profitable than before.
Awesome. Yeah. Thank you. Thank you for the emphasis, Kate. The last question I have for you before I let you go is what's the future of GameFi? GameFi, you know, I guess the narrative itself was very popular last cycle. It's of a growing sector in the space. But what's your take on the future of GameFi and what it looked like maybe before the end of the year?
I see that future of GameFi also will be about the full decentralization.
I guess it is not that time, but in a few years, people will understand that.
It gives a lot of advantages for players and we already see that a lot of similar projects are appearing.
For example, the most popular is Pirate Nation, also the full decentralized game.
and more others.
So I see that people realize the advantages of full decentralization.
And I guess we will be able to build more and more qualitative games.
not just like our old school RPG game,
but also blockchain will provide us best and best technologies.
And I hope that we will somehow unite, you know, the Web 2 experience and Web 3 experience
and we'll make another world in the whole game, I mean, Web 2 and Web 3.
Yeah, I'm excited for this sector because I think it's a good way, like you mentioned earlier,
It's a fun way to introduce people to crypto right gaming has always been part of our culture
You know I grew up playing video games I'm not a big game myself now, but it's always a I think it's gaming is always part of culture in general
So I'm excited for you guys I'm really I'm really looking forward to you guys
Further success obviously here on Sonic
And just in general, I mean, you guys have a killer team.
You guys could, you guys, I can tell you guys are very focused on detail.
The artwork is very, very clean.
Your guys' comms is very clean.
And it just seems like you guys are just a group of professionals just trying to push your product as well as a space forward.
So I commend you guys for that.
Kate, thank you so much for being here with us today.
I really appreciate it.
Thank you very much.
And thank you so much for those listening.
Let's give Kate some 100, show her some love.
If you haven't yet, go ahead and check out Sakra.
Go check my Pintweet.
Go follow Sakura.
I'm going to make a video on soccer myself as part of my tutorial series.
Just so we could see how it looks for beginners as well.
Again, I've mentioned it in the space I have yet to experience it myself,
but I've been keeping up to date on all their posts and things that people tweet about them.
So that said, guys, until next time.
And I'll see you guys on our next base.