Matt Nguyen / Orbitau

Orbitau building play-to-earn gaming on the Taureum ecosystem

InterviewMarch 5, 202220:17

In this episode

Ashton Addison speaks with Matt Nguyen, CEO and CTO of Orbitau, on their Play 2 Earn GameFi Game, the upcoming release of Orbitau, their game studio, the Taureum ecosystem and TAUM coin economics, and how to get involved upon the release of Orbitau.

Key takeaways
  • Orbitau is a turn-based idle combat game inspired by Norse mythology and the seven deadly sins with story mode and PvE gameplay.
  • Matt Nguyen previously built major fintech and tech companies including a 12 million user ride-hailing platform and a 1.2 million user digital bank in Southeast Asia.
  • The team raised 3.3 million dollars in funding after three to four weeks of fundraising from quality investors.
  • Orbitau focuses on balancing gameplay quality and graphics with play-to-earn mechanics, differentiating from first-generation GameFi that prioritized earning over gameplay.
  • The game completed its IDO token listing and plans to release testnets within weeks followed by official game launch shortly after.

Transcript

Read the full transcript 3,655 words, auto-generated and lightly edited

i'm ashton addison for block west capital from investment pitch media in the Crypto Coin Show and today on blockchain interviews with matt nguyen ceo and cto of orbital matt welcome to the show and thanks for taking the time to come on today yep hi austin yeah thanks for having me today and yeah very glad to you know have a talk with you and then let you

know a little bit more about our project definitely thanks for coming on matt let's dive right into it with orbital and torium play to earn blockchain games continue to grow orbit orbital is doing something really interesting in the game five space and as it continues to explode i feel like orbital is following the correct trends to capitalize on the opportunity and bring

a new innovation into gaming for gamers around the world and for people that are interested in blockchain technology so let's kick off our conversation first of all by getting a little bit of a brief overview and an explanation of what orbital is and then we'll dive into those details sure so hobie tau is a game a turn based idol combat

game and you know if you familiar with that kind of you know type of game so it's suitable for everyone to play it's a fantasy game inspired by norse mythology and the seven deadly scene so we kind of combined the two you know concept together and then you know create a you know a new experience you know on the well-known legend so users will have

a chance to know more about the story of the games when they are in the game story mode right the story mode and then yeah and then they will go from there very cool matt and what inspired yes also for a bit of myself okay so i've been in the fintech space for most of my career i was working at you know

city bank goldman sachs you know in the us and then europe as well and then more recently i actually was with paypal for quite a long time moving from paypal us to singapore and i helped build the paypal singapore from a regional office to a very big apac you know headquarters that we have 300 plus engineers and then 200 staff on

the business side right so after paypal i moved back to vietnam and since then have built you know two major projects so far so the first one is an edutech platform that you know was serving about 2 million students one of the biggest in vietnam as well as in southeast asia and then most recently right before the orbital we i co-founded as a cto

b group which is the second largest right-handling companies in vietnam so right and after four years we built a user base you know to 12 million scientific users and then also on top of that we built a digital bank called cake and it's only after one year we reached about 1.2 million users as well so one of the fastest and largest digital banks

in southeast asia and so after all that right so for the recent years a lot of noise and then you know good news and things like that around crypto and d5 for myself i participated in the crypto world for a few years as well as an investor as the you know advisor in terms of technology so i feel like you know

defy and blockchain and nft is going to stay here for the years to come so that's why i decided that okay let's let's move on to the next project right that is in the fight so that's why i founded the team around me last year and then we've been working on the project since then so orbital is only one of the first games in our ecosystem

my vision is that we will be building a defined system for the long run and then you know similar to how i built the b group right we created a lot of day-to-day activities for users like you know ride handling food delivery shopping and things like that and then once we get more and more users in the ecosystem we will provide you know

other solutions and services like financial solutions technology services and things like that right across the user base and that's how we envision the projects follow us as well so orbital is just the first game and then later on we have other games coming out we have other services in the defined world to come out as well very cool matt thank you for that

background very interesting experience and then moving into you know building games in game fi is an interesting but sounds like it's a fun a twist and experience in into the next level of what is important for you man and with this game as you said you started working on it last summer some of these games especially the ones that have good

graphics they have integration into d5 and they can take a lot of time to build so how far along is your team right now in terms of since when you started to where you're at and where you want to be with the point in the game sure so yeah so basically for us right because we want to build the eco complete ecosystem right so we

started from the game because the game fi has been a good trend so far and then gaming and game development is always going to be the good entry point for any of the products to come right so for us it's the same we are you know we play games a lot we are gamers ourselves we reform the teams and then we want to participate you

know in this the fight world by by entering the game but yeah but in the beginning we founded the team quite early we funded ourselves we actually worked on a lot of proof of concepts in terms of you know blockchain in terms of nft marketplace and then you know the game itself for myself when when i was even when i earlier than

financial stuff right i actually was a game developer before i worked on a few you know quite well known games like the seams the sims 2 tony hawk and things like that so i was a hardcore game developer before so that's why you know it's it makes a lot of sense for me to come back and then start with something like this yeah so we founded the team

early we worked on it we and then until we kind of confident that we have something for good foundation back then it was we had already a team around 30 40 developers already and then we decided that okay it's good enough the proof of concept is good so we decided to go for the fundraising and you know after only about three four

weeks of fundraising we got about 3.3 million in funds coming in from from a very you know a very good set of bikers right and from since then right we try to work a lot on the graphics of the game because like what we what we thought was you know the game five trend right from from the first generation like you know x infinity

untrained world and things like that they didn't focus a lot on the gameplay they focus a lot on the earn part of the play to earn right but then for us i think the next generation of the game will will be you know the mix between you know earn and play and then you have to be able to attract a lot more people from the traditional gaming world to the

to the new crypto games right it cannot be earning because you need to have people that actually play the games value the items in the games and then things like that to balance the economy of the games right so that's why we invested a lot in the studio itself we have a in-house studios around 20-25 people that if you can check out the video

on the website that we have you know we work on it very detailed in terms of graphics in terms of the game stories and yes and so that's how that's that's why it took us quite a long time to get to where we are right now we did the ido meaning the listing of the tokens you know last week and now we're trying to come up

with the test nets of the game in the next few weeks and then also the official game will will be you know shortly after that very cool a lot to look forward to and thank you for that background matt and you mentioned there about version one games you know the very first gamified games coming out they didn't really have a lot of graphics but

they were also focused on the play to earn and i feel like it's a big balance between those two actually having a good game and having good blockchain integration and i want to talk about the play to earn for orbital as well when players play the game how does the play to earn work you know is it very lucrative can they learn a lot and are they earning from the d5

functionality from from nfts or from other game play in the game as well yeah so you start out with you know story mode pve mode that you know you have a lot of you know quests that you do to earn things right and then along the way you create a lot of values in terms of items of their heroes right and then upgrade

the heroes so that it's more valuable and then you can you can trade them on the marketplace you know nft marketplace that we have you know as well and then you know the good thing about the game fine is that it has to have a very good foundation of the economy that's why you know our team of growth right our team of economics

specialists they come from uber they come from you know b group itself come some come from facebook that they have a lot of experience you know building economies before right so we really focus on that we're a lot of games out there right for the past year or so you've seen that you know they even they have some some good games they have some good graphics

but then the economy is one of the things that can can can last the game longer and then you know because you know the economy because people earn inside the game but then where you learn from right it's not going to be you know you come first and if you earn from the people that come later right so it has to be able to create the

values the actual values in the game like i said we need to attract the traditional gamers into the system as well and then they play games for entertainment they play games for quests and you know it even challenge challenges that we have create some tournaments that we create so that you know they earn rewards from there but then you

know they values the items in the games and yeah that's that's how we let people earn more and more very fun and i was looking at torium and the cryptocurrency aspect of the game you know with earning and in orbital can you talk about with torium and the coin is it a governance token how does it interact with orbital and in the game and is it

required or is it beneficial for all of the users in the ecosystem to be using the native currency in the game yeah so basically we have taurium as the governance token for orbital and other games as well that's coming out after orbital so the value is right there right so you're not only buying the thorium for the for this game you buying it for the

the next games as well and then it will be connected to each other in terms of nft item you know something you can transfer back and forth between the games and then also you know in game we have the token ori now that one is not going to be listed like a duo's token system similar to most of the games right now because you know the ori is

is inside the game you do all the questions in the game that was in rewarded in ori and then you will be converting that into taurian and then yeah and then most of the things that you can do on the energy marketplace you would do it in taurian great and you mentioned at the beginning that you're leading up to you know the test net and the main net of

the game launch and for people that are interested in following along so they can start to play is there any tentative timeline or schedule on you know when's the next thing available for users to get involved with yeah so basically right now we just announced the staking news today so basically people will soon be able to start sticking

you know taurium so that they can buy nftx using the torium so the good thing is that we're using taurium for that right we're not using you know usdt or busd for that we using the actual torium token to buy all the eggs to start the game with right so that's the first step for the test nets we aiming to have it within march

right so i would say you know in the third week of march we will be able to do the test next and then for the test nest you know we will be giving our community a chance to you know have the test of the game you know play the games full flow from from beginning to end they can test out the economy at the game as well because we have some

simulated economy model in there so that they have an idea of how they earn how they get the return on investment back for how long things like that we of course for the test we will speed it up a little bit so that it's not going to be you know a few weeks you know months until they will know the complete flow of the game but then yeah so after you know two

three weeks of test nests we will launch the official game and you know so i would say end of march or early april we will be able to do the official launch amazing mat lots to look forward to and now i want to zoom a little bit farther down the road i know you're going to be working on multiple games in the future but you know orbital obviously first has to come

out and i'm curious looking down the road once the game is out how are you going to keep players returning to the game and keep them engaged so that they don't lose interest after they play it for a few weeks or a few months yeah so basically we will coming we'll be coming out with new features of the game you know until you know 2023 right so we have this here to come

out with you know the like i said started out with pve mode story mode so ppe is why you can still do battles but with the environment right so you earned the mission and quest and challenges there and the story mode for you to learn the story of the game by going and fight again bosses and things like that right and then

right after that we will come out with more interesting features like forming good you know battles and then you so basically just to come together and fight together not only you know by yourself and things like that and then so we're coming out with a lot of levels of the maps as well we have several chapters coming out

for the story mode and then you know for the level of heroes that you can do and then tournaments tournaments will be coming out and one of the good things for us is that we also have a land system and the tax system right so in the games for example when you get to a certain level of your character you will be able to challenge the owner of the land so

basically a land if you are a lord or a knight you'll be able to own a region or a kingdom for example right the lord will own a kingdom and then whatever activities are happening in that region you'll be able to text that right so you'll be the governor of that and then so the players who are you know getting better upgrade their heroes they think that

they can challenge the owner they can fight them and then if they win they will get back the land as well so that's how it is and then a lot of more you know features of the real games right it is it's it's you know to attract people and then actually you play the game you will be you know enjoying it not only you know yeah so that's why

i said before right the key here is to attract more and more people from the gaming world and then yeah and then next we will be doing a lot more about you know we even gonna create our own blockchain site the how do you say that the our own private train so that you know to help you put people to connect to

our train a lot faster and then also all the games that are coming out after that will be on the same train that we're going to do right yeah wow there's a lot a lot more than than what meets the eye for just of course the game coming out in the next month or so is a huge update but it sounds like you guys have a plan for years to come so i'm i'm definitely

excited to follow along as that happens for the viewers that are looking to get involved with the game right as it comes out or before and get into the communities and talk what is the best way for them to get involved with orbital right now yeah so the best way is to go to our website orbital.io that would have all the information that

you need all the social group on telegram discord twitter and yeah and we post all of the announcement and news right there and then you can follow us and then any updates then we will even our facebook as well is on there great thank you so much matt for coming on i will leave those links in the description box below as well all the best with the game coming out in the

very near future here and after that let's definitely follow up in the near future okay yep thank you aston for a very good section thank you for being a good host as well

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