Hello guys, here is the recap of the Spores_Network and Super BOOMi AMA hosted by NFT Labs on Spores discord channel on 25th November at 9 AM UTC and anchored by Ryan from NFT Lab. The guest speakers were Duc Luu - Spores Chairman & Co-Founder and Trevor Lai - CEO/Founder of UP Studios
The AMA recap consists of interview questions by the host and answers by Trevor Lai. And also the best questions that was selected as the winners of the exclusive Spores X Super BOOMi loot boxes.
Question 1 -
Ryan : Let @TrevorBOOMi the creator have a self introduction to us.
TrevorBOOMi - So, BOOMi is the star of my first cartoon series, and we have been on quite an exciting ride with him over the past few years as he's gone from an original concept to a show with over 5 billion views!
Question 2 -
Ryan : What are the significant milestones for Super BOOMi so far? @TrevorBOOMi
TrevorBOOMi - In terms of milestones, Super BOOMi is one of the first animated series invested by Tencent for its own original channel in 2017. In addition to amassing over 5 BILLION VIEWS on Tencent Video, BOOMi is one of the first shows from China to ever sign a major distribution deal with international broadcasters, topping ratings in Canada, France and other countries
Another major milestone is in licensing and merchandising -- most creative studios talk about IP, but we believe value in an IP is partly proven by its ability to be recognized by business partners who license and create products based on a character. In this view, Super BOOMi has been a big success, signing major licensing deals with international brands like Intercontinental Hotel Group and the National Hockey Leagues
A very recent milestone Super BOOMi achieved is launching its first ever major toy line! This is now sold in Wal-Mart and major retailers across the country
Walmart in China now, hopefully internationally in the near future slight_smile
These are just a few of the major milestones that Super BOOMi has achieved as an IP, many of which are the first of its kind here
Question 3 -
Ryan : OK, next question - Is there a roadmap for BOOMi NFTs and how will it correlate to the current development for the BOOMi series and other activities?
TrevorBOOMi - Absolutely. As Duc alluded to, right from the beginning, we talked about BOOMi's universe and how we plan to have a masterplan to revealing the characters, tech and special editions for every NFT collection that will be released.
One of the coolest things that I hope everyone today gets a sense of is that as the creator/director/executive producer of the Super BOOMi show, and also the creative lead on the NFTs, that I get to have complete control over how well we can integrate every NFT collection into the animated series, and how the animated series can interact with the NFTs
Part of the reason I was so excited to work on this project is that I am a big collector, and I love the excitement of discovering characters like Super BOOMi and finding a way to collect them from "Day One" when they are first released.
So, on one hand, BOOMi has already over 156 completed episodes, which is a HUGE amount of content, and yet on the other hand, everyone today has the chance to own the FIRST ever NFT of BOOMi and the other stars of the series.
This is all part of our masterplan with which characters and special versions will be released in each collection. Series 1 which drops tomorrow is literally the first ever digital collectible of BOOMi, so it's a piece of history! slight_smile
Question 4-
Ryan -
Ok thank you . So what would be the long-term plan for BOOMi? Will you expand to digital collectible and make it a staple for BOOMi franchise?
TrevorBOOMi -
We are already into production on Super BOOMi Seasons 7 and 8 right now, and are planning through Season 10, so the entire franchise is growing at an incredible pace and has a solid production plan for several years in place. Digital collectibles and gaming are going to be foundational staples in BOOMi's world, and they will interact with the series and also build their own huge followings. If you look at the recent success of the Arcane animated series, you can see how a foundational IP can branch off into many areas of growth, and Super BOOMi will have many of the same opportunities.
One of the unique ways we'll make collectibles a staple in the BOOMi universe as well, is for collectors of Super BOOMi NFTs, we will introduce ways you can collect and unlock merchandise and exclusives from the show
Also, many of the Super BOOMi NFTs we've created will actually be never-before-seen versions of characters and tech, which I will then be writing into future episodes. So, our NFT collectors here will actually have access to some characters before the rest of the world sees them in the show!
Question 5 -
Ryan -
here is the most important part of an NFT that we reserved till the end: How do you determine the rarity of the characters and what is the expected ROI that we can expect from BOOMi assets? Will the rarer characters have any chance of being on your series?
TrevorBOOMi -
Great questions! To me, determining the rarity is part heart and part science -- I think Spores is great at the science, so let me talk about the heart component. I design every collection around the JOY of discovery and collecting: As a collector like many of you, I know how exciting it is when you open a loot box or a booster pack, and discover a character that is new to you, or one that you already loved in a new form.
So, when we were determining rarity, firstly I wanted everyone to have a great opportunity to open and collect BOOMi and all the main stars of the series. Then, to make things even more exciting, I wanted to introduce a Super Rare version of BOOMi that is featured in the animated series already. And finally, to ramp things up to 100, I created the FIRST EVER Gold and Rainbow versions of BOOMi, which we had never shown before, and that I will be introducing into the TV show in the future. This is how we applied the masterplan I talked about before, and made it real in this first collection for everyone to experience.
The second session is where the members asked different question and the best were picked and answered. These question each got one loot box.
TrevorBOOMi -
I'm going to start with answering this question first: The difference between the "rookie card" characters and the limited edition characters is that the Rookie versions basically means these are the foundational 1st ever digital collectibles of BOOMi and the TV series stars. So, if you want the first essential NFT versions of the BOOMi characters, these Rookie versions are it.
Limited Editions are special versions of the characters -- for example, Astronaut BOOMi, or Gold BOOMi -- that are more rare, and are either popular versions already or they are brand new editions that NFT collectors get to have first, before they appear in the series.
Trevor BOOMi -
Next question I will answer is about Super BOOMi's future in NFTs.
We are already designing and producing the Series 2 Collection for Super BOOMi right now, and I will let Spores make the official announcement haha, but I can tell you that every one of those NFTs will be unique and different from Series 1 that you can buy tomorrow. So, as part of the masterplan, I am also ensuring that collectors feel special about each drop -- we're not just changing a colour, we are designing and producing brand new animations and designs with every Collection. slight_smile.
A) I think one of the biggest questions for any NFT collector these days is: "Why should I buy into this character or franchise, and will it still be here in 2, 3, 10 years from now to ensure that it continues to grow in value?"
B) What are your thoughts for the current NFT trends and as a collector, do you buy into the hype of these trends?
C) I think one of the biggest questions for any NFT collector these days is: "Why should I buy into this character or franchise, and will it still be here in 2, 3, 10 years from now to ensure that it continues to grow in value?"
Usually, a lot of NFT producers cannot answer Nestor's question straight on, they have to talk about their future plans exclusively, and I think this is one area where Super BOOMi is incredibly strong because of the following reasons:
- Super BOOMi has an almost 10-year history already, and has been earning licensing revenue steadily from major deals even BEFORE the TV series launched in 2017. My company, Up Studios, was named one of the Top 25 Animation Studios in the World to watch by Animation Magazine in 2015, so our production team has been internationally recognized even before NFTs were a hot topic. So, firstly if you're an investor and collector, you can look at this track record for BOOMi and feel safe about the franchise's stability.
- As mentioned, we already have 156 episodes COMPLETED, broadcasted in multiple languages, and racking up millions of views every day, and have contracted hundreds of hours more worth of Super BOOMi animation to produce in the next few years. This means the already rich universe we have created to build the NFT collection from is going to continue to expand steadily and accelerate with our content growth.
How would you generate revenue to sustain project?
So, there are many more reasons for you to be excited, but firstly to answer Nestor's question, BOOMi has been earning revenue already for many years, and unlike most projects is not dependent on NFT to ensure the IP's survival. In fact, BOOMi's success outside of NFTs is what makes the digital collectibles even more valuable. Hope that makes sense slight_smile
Super BOOMi is the first animated series I've created that has become an international success, but in January 2022, my second animated series is going to debut on national TV across China; a completely different story and character universe, and target audience. My third animated series, which I'm completing pre-production planning on now, is targeting an older audience, and is set in a futuristic science fiction universe. While I'm supposed to be here talking about Super BOOMi NFTs specifically, the reason I want to share these details with you about my future plans is that we treat BOOMi as the first foundational character for our creative universe, the way that Mickey Mouse was the foundation of Disney, and Iron Man was the foundation of the modern Marvel cinematic universe. So, even if you're not currently the target audience of BOOMi's cartoon specifically, we designed BOOMi's NFTs to be cool enough that you don't have to be slight_smile.
This is the end of the AMA session.
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