Question 1

What is ACE Entertainment?

Accepted Answer

ACE Entertainment is a blockchain-based NFT gaming platform developed by ACE Entertainment LLC, also known as ACE Foundation. It integrates gaming, NFTs, and DeFi-style mechanisms into a unified token economy. The platform includes ACE GAME, a portal for blockchain-based games, METAPIA, a hybrid metaverse simulation, the ACE NFT Marketplace, and the ACE Wallet, which manages storage, transfers, and governance actions.

In ACE GAME, players spend ACE tokens to participate and can earn rewards through gameplay achievements. Successful players may receive NFTs as trophies, which can be traded or used to claim a share of platform revenue. METAPIA expands this model into a metaverse world where users purchase and own Matrixes as NFTs, decorate and rent them, and earn ACE rewards from in-world activities.

The NFT Marketplace is the hub for trading assets created across the ecosystem, with values shaped by supply, demand, and gameplay utility. To reinforce sustainability, the ACE Commit System allows token holders to lock ACE for governance and receive rewards linked to revenue from the entertainment ecosystem.

Question 2

What is ACE?

Accepted Answer

ACE is an ERC-20 token that functions as the utility and governance asset of ACE Entertainment. Players use ACE for game participation, in-app purchases, and NFT acquisition. The token underpins profit-sharing models where NFT holders benefit from ACE rewards tied to gameplay activity.

As a governance token, ACE gives holders the ability to commit tokens in the ACE Wallet, influencing decisions and receiving revenue-based rewards. Its economy creates a cycle where tokens are spent on gameplay, earned as rewards or NFTs, traded in the marketplace, and recommitted to governance. This loop sustains both engagement and token value within the ecosystem.

Question 3

Who created ACE?

Accepted Answer

ACE was created by ACE Entertainment LLC. The leadership team includes Bryan Choi as CEO, Alan Cho as COO, David Ahn as Executive Producer, and Alucard Hwang as CTO. They are supported by specialists in business development, law, art design, and programming. The wider team combines experience from gaming companies, fintech, legal practice, and digital media. Advisors bring further expertise from global gaming firms and international law.