We are pleased to announce our next AMA on May 6th 2021 at 01:00 PM UTC Time: Satoshi Club x NFT Alley
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join NFT Alley Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. NFT Alley Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about NFT Alley
For more details:
NFT Alley Website – nftalley.io
NFT Alley Telegram – @nftalley
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
NFT Alley offers the possibility of performing transactions with nearly zero fee, what in the design of the platform allows it to have such low income through transactions fee and yet be long term sustainable? Where does the platform get its revenues from?
The world of games and collectibles has seen an immense transformation in recent years. Does NFT Alley also come to transform or to remain as another common in the middle? Does NFT Alley solve any of the current inefficiencies in the NFT landscape?
The permissionless landscape has opened up a world full of possibilities. The NFT ecosystem thrives to unleash the potential of rare and unique crypto tokens that are not tradable in nature. Will NFT deal with the creation of new markets or will it abide by existing ones?
Digital collectibles are critical to channeling the energy of a million developers, creators and designers to design a non-expendable coin. What aspects did you focus on with the creation of NFT Alley? Is there a chance that someone else will buy the same token again?
The NFT ecosystem currently receives more than 1.2 million dollars, which advocates a massive demand that will occur in the next few years. Puzzling aspects of the non-fungible token ecosystem? How does NFT Alley regularize the markets?
The world of games and collectibles has seen an immense transformation in recent years. NFT Alley focuses on regularizing NFT markets to encourage new entrants to drive adoption. How does NFT Alley fill the gap between markets?
The world of games and collectibles has seen an immense transformation in recent years. How will you control people once the Token (NFT) is purchased? Is there a chance that someone else will buy the same token again?
Hi NFT Alley!
Could you please explain to us how the realistic price discovery mechanism will work. What price discovery models will it use and how will this approach make determining the realistic value of an NFT’s more simple? Thank you!
Hi NFT Alley!
You are advertising an incredibly tempting gasless transactions that will allow users to execute multi-chain NFT trades with near zero costs. Please tell us more details, how do you plan to achieve this especially when trading across multiple chains? I wonder because all major layer1 chains are all requiring fees, ETH the most. Thank you!
Hi NFT Alley!
I read that users will be able to mint something that you call Clean NFTs. Please tell us more about this functionality, how do we mint them, what makes them clean and how do they differ from the traditional NFTs (should we call them Dirty NFTs now ? ) Thank you!
NFT Alley has some reward-based programs to earn passive incomes, I’m wondering, is it only thoughted for holders? How does this programs work?
Your marketplace has not yet been released to the public but what I have seen so far is that it will be multi-chain for NFTs, can you tell us what will the star asset of this marketplace be? How should users pay for gas or fees?
In the case of wanting to invest in NFTs on the NFTalley platform, what are the tools applied by the team to guarantee a good investment on the value of each NFTs and also tell me about the details of innovations in NFTs issues, To guarantee an adoption massive by the few connoisseurs of the subject?
What are the main factors why the team is working to improve the traditional NFT ecosystem and make it pleasant and easy to use with more options and transparency in transactions?
Explain the details of how NFTs work in multistrings,? What will the compatibility, fee, consensus, and scaling be like? What are the differences in how the NFTs are working today?
The world of games and collectibles has seen an immense transformation in recent years. Once your IDO’s whitelist is executed, what should we expect from NFT Alley for the next quarter? What will the future hold for your platform and your users? Were the expected results obtained? They published that their contracts were going to be audited, were they audited?
Digital collectibles are critical to channeling the energy of a million developers, creators and designers to design a non-expendable coin. The NFT ecosystem currently receives more than $ 1.2 million, which advocates a massive demand that will occur in the coming years. Still, at its birth, certain factors have perplexed the NFT ecosystem. What is the usefulness of your native $ ALLEY token? Also, what are the special features to keep the token at the planned rate?
Exciting times are undoubtedly ahead as the NFT game levels up. With the massive DeFi rally underway, NFTs will definitely be beefed up as a game changer due to the growing demand for digital collectibles. The goal of NFT Alley is to harmonize the NFT ecosystem to drive adoption. Can $ ALLEY holders actively participate in the governance functionality of the protocol? What are the advantages compared to your competitors when it comes to other markets?
Digital collectibles are critical to channeling the energy of a million developers, creators and designers to design a non-expendable coin. The NFT ecosystem currently receives more than $ 1.2 million, which advocates a massive demand that will occur in the coming years. Will later versions of NFT Alley incorporate features like borrowing, price discovery / splitting, etc? As we know at the moment, there are also many markets. So will NFT Alley launch its own market?
NFT Alley is said to be thriving towards filling the vacuum between creators and collectors by ensuring multi-chain trades, information symmetry and hefty rewards for investments.. Hefty rewards for investments is something every investor will be interested in, what kinds of rewards are you talking about here and what are your plans to not only provide this hefty rewards as stated but ensure the continuity of such kinds of rewards on your platform…
NFT Alley is building a decentralized “one-stop-shop” for minting, purchasing, and selling digital collectibles seamlessly… which is indeed interesting, so how will users be able to mint digital collectibles on your platform, what will be the requirement and will this be open to any user…..
In the future, NFT Alley plans to conduct a Liquidity mining program.. so how will this work, what will be the requirement for users who intend to participate in this liquidity Mining program, what will be benefits of this Liquidity program to the participants and to NFT Alley and at what point will the program take place..
At present one of the problems that most resides in the constant use of the NFTs and their artists is the clones of the NFTs. How do you verify that fraud is not taking place? How to identify plagiarism? Does plagiarism have any kind of punishment on your platform? Describe how is the filter to avoid this type of embarrassment? Do you have any copyright protection clause? How can I know that an artusts is verified?
At this time NFT Alley, minted only on the NFT blockchain. Hoping to later scale to multiple chains and create a multi-chain NFT record that will allow collectors / users to verify authenticity across chains. What do you think is the biggest problem that NFT Alley will solve that is not solved by other projects, and why is it important to solve the problem? Where is the $ Alley road map now? Are all the objectives in accordance with the current roadmap? And what are the next steps that will be taken in the future?
What is the scalability status of NFT ALLEY, how has it been implemented in the project in general, what is its current scope and support?
NFT ALLEY users can benefit from the project by getting some kind of program so that they can earn rewards passively, if so, can you give us more details?
NFT Alley Liquidity mining (LM) from one of your post said to have captured the imagination of dozens of protocols as a better way to distribute tokens and will soon be flourishing in NFT Alley platform too. Can you explain this and how it will flourish on your platform. Thanks
What can users do with the project’s own unique NFTs, are they already interchangeable in some Exchange DEX or CEX?
NFT Alley is said to be an avant-garde multi-chain marketplace meant to service the growing sector of NFT. will your marketplace solve the three important challenges in the NFT marketplace which include lack of liquidity, lack of monetization strategy for NFT holders, and lack of cross-chain usage between NFTs and fungible tokens (FT). Do you envisions to be a multi-chain decentralized exchange ecosystem for NFTs, so that Users who own NFT or FT in any chain can swap to get FT or NFT in any chain.
In Your medium Link you stated that your rewards program is specially designed to alleviate sore issue of volatility in the NFT landscape which has affected traders’ morale and restore investor confidence in NFT-related products. With diverse reward-based programs, investors can engage in to earn passive income.. What are these reward programs, will there be criteria to qualify for these rewards
Can you explain about Clean NFT feature of your project?
NFT is a new hype and that’s why there are many mirror projects are coming around everyday. What is the point that makes difference for NFT Alley?
Since the community has a great way for a project to reach its succeed, what are your plans to create a core community?
I’ve confirmed it that $ALLEY is now available on pancakeswap and I also make use of pancakeSwap and some pools that are available or accessible very well even to get passive income. What have you thought about considering $ALLEY in one of those pools? And how can users generate $ALLEY maybe through their savings?
As $ALLEY token is now live on PanCakeswap right now on which contract do you have liquidity? Do you use v1 or v2 and do you think to move your liquidity into somewhere else? Also what is the liquidity locked on total at various platforms right now and what is your circulating supply on various exchange platforms?
You have successfully completed an IDO on Kickpad recently with multiple rounds. How much funds did you raise from you IDO and are there any tokens left or all sold out? I also want to learn about vesting about these rounds. Did you lock any $ALLEY tokens for these rounds? And what’s your vesting strategy overall?
The prices for NFT’s always surprises me. Could you please provide a detailed explanation about how people or how NFT artists determine the initial pricing of an NFT? For example I see an NFT on OpenSea with low price but the price for the same NFT is very different on another place. As you also have Realistic Price Discovery Mechanism could you please explain how it works and how do you determine a realistic price for an NFT?
I saw the MULTI-CHAIN NFT TRADES features on your platform which the trades can be done on your marketplace and I learnt that the marketplace is coming soon. How should we be expecting it, are we going to be able to access it only through our desktop application or will also have it on mobile phones too? And talking about the transaction fee, where does NFTALLEY get its income since its transaction fee is very low?
NFT Alley is a work in progress gradually peeling of each amazing layer of the project as time progresses. NFT Alley just concluded it’s IDO, which was a huge success, causing the community, collectors as well as investors to anxiously await the testnet and mainnet launches. With reference to the roadmap, the NFT V2 marketplace will be deployed on other chains to complement the V1 which will be deployed on BSC. Can you tell us some of the chains considered for the NFT Alley’s V2 marketplace, and when can we expect the launch of the mainnet?
It is remarkable movement that NFT Alley is now listed at the famous platform like PancakeSwap, and also seen at coin gecko & CoinmarketCap. What are NFT Alley marketing strategies in order to spread awareness and promote the project?
With huge numbers of investment from prospective investors, where will NFT Alley plan to circle use of the fund? What is the project model for short and long term?
Q2 of this year is running to an end and it was stated in your roadmap that ALLEY will be listed in this very quarter. Have you been listed on any trading platform yet? If not, what is delaying it since to be listed requires FUNCTIONAL WEBSITE and BLOCK EXPLORER and NFTALLEY has achieved that.
How is the market that ALLEY will offer different from the competition, could you please give us a preview, and tell us what opportunities you will offer to your users that will allow you to position yourself as one of the best projects of this year?
I went through your website and could not find any partnership you have made. Do you plan to establish a partnership with any project or team in order to expand to many users? Or partnership with any project is not part of your agenda at all?
many projects offer “great opportunities” around non fungible tokens, but few are the ones that really have a good mechanism that allows them to deliver on their promises, so how can you demonstrate that NFT ALLEY is really what they offer, that they guarantee that they will be truly innovative and that they will have great results in each of the objectives they have set?
You mention that the goal of NFT Alley is to create a personalized experience for users of the platform. Could you tell us what strategies NFT Alley will use to achieve this personalized experience they offer? Will your platform be easy to use both for users who do not know much about it and for those who have experience in this field? With regard to investing users, do you offer any kind of benefits to those who actively invest in your project?
In your medium you mention that fundraising allows NFT Alley to create good products. Could you tell us if these products will be elegant and intuitive? Do you think they will satisfy the growing needs of the NFT chain market? Could you also tell us about what kind of products will be made by NFT Alley? Will these be groundbreaking for the NFT community?
NFTALLEY will be listed in this quarter according to its roadmap. In order to achieved this, have you been audited at all because been audited will also make users to rely on a project? If yes, How many services audited you and can we get the Reports from them in order to create trust from the Users?
GASLESS TRANSACTION was listed among your features which will executes MULTI-CHAIN NFT trades with near Zero transaction. The least transaction fee I’ve ever heard is 1% and for a new project like this they get their income from transaction fee. How come with this project, where does its profit comes from, does it have a sponsor? what is even the market capitalization of NFTALLEY?
From careful study of the $ALLEY tokenomics and distribution, I noticed that the aggregate supply the ALLEY token is capped at 10 million with the initial circulating supply and effective circulating supplies aggregating at 640,000 and 401,000 tokens respectively (6.4% and 4.01% of aggregate token supply). Therefore, why has NFT Alley decided to allocate such a meagre amount of it’s token distribution to public sales and exchanges as compared to the staggering numbers allocated to other areas, and why has NFT Alley opted for a 100% unlocking of tokens allocated for it’s LP pools?
It says on your website that you’ll be using the BSC’s POS consensus model to mint NFTs, can you tell us the advantages of that consensus in the context of minting? Why did you choose it?
Your project plans to include a sophisticated system with a realistic price discovery mechanism, is it a native model? or is it related to other models on the market? How do you determine the accuracy of this mechanism?
The $ PLU token is the currency of your NFT marketplace, but will it be included on your staking derivative assets? What will be the benefits for holders and stakers in a long term?
You said before that the most ambitious development goal for Plutos will be the implementation of smart NFTs, that’s awesone, could you be more specific about when will be this features be released and into what field do you plan to enter with? Art? Collectibles? Gaming?
Binance just announced the NFT marketplace launching in June. What’s your unique point compare with Binance’s NFT marketplace?
On your platform, you give artist the opportunity to stake NFT and earn dpoints, are artists only the to showcase their project on your platform. What are the utility of the dpoint when given finish, can they be cross changed to usdt on your platform.
On your platform, you give users the opportunity to stake NFT and earn somethings, what are the things they earn on your platform when they stake NfT because staking of NfT seems strange to me. What are the utility of the things earned on your platform, can they be changed to fait currency.
When a user engages a platform, that means there are things they present to them that others do not. Nowadays we have more and more NFT markets starting everyday but on the other hand there is always an opportunity people/users sees in the winning NFT market that they do not see in the normal NFT market. What are the opportunities that makes your platform stand out amidst others, because these things are what makes user attached to a specific NFT market.
Recently, in NFT market place we are always having some issues like copyright issues, do you have a way you look at the issue of copyright in your NFT market or do you have any plan of creating a p2p that enhance communication among users that sells and buys in your marketplace.
How do you plan to reduce the rising cost of using the ethereum network which makes it exceedingly expensive to mint, buy, sell or send NFT tokens. What are the approaches drop have to this and how do you plan to stay long in the market without any copyright or legal issues.
Recently we have the common saying, that your NFT mainly depends on it rarity in the crypto world before the price can be high or equally asked by bidders to buy, but me personally I believe that your NFT price should be determined by how original it is. Which of the will you go for and can you explain which of these techniques works in your platform
According to your roadmap on your website,on 3rd quarter of 2021 you will launch NFT Marketplace of NFT Alley on other chains but since you are already on BSC,can you give us some information on which chain you will launch your NFT Marketplace this coming 3rd quarter? Can you tell us why do you choose this chain as your 2nd NFT Alley marketplace? Thank you
In Alley Rewards features, we can earn passive income by engaging in diverse based-reward program on NFT Alley. Can you explain more about the diverse based-reward program of your platform? How does it works and being implemented? What are the mechanics to be eligible with this program and can get some rewards? What kind of rewards will be given to those eligible participants? Thank you!
In Q2 you plan to launch NFT Marketplace on BSC (V1), and in Q3 you plan to launch NFT Marketplace on other networks (V2). At the moment, there are a lot of NFT Marketplaces on the market with various incentives for users. How can you interest us, what will be so special in your NFT Marketplace, different from the competition? And Marketplace is already ready to launch, have you worked through everything, tested all the processes from the moment of user registration to making a deal?
While researching your project, I came across the “Clean NFT” concept. Mint pure NFTs on NFT Alley using the BSC POS consensus model. And what is the essence of “Clean NFT”, what are the functions and purpose? Does this provide any benefit to the project itself and the community?
On your site, among the team members, photos are published only by the co-founders Swapnasagar Pradhan and Abhijith Dattatreya. What about the rest of the team? Are they not public people? What can you tell us about the team yourself, do you all know each other personally?
NFT alley is a multichain NFT marketplace. Actually there are already much NFT marketplace like Opensea, atomichub, rarible, and other. Are there any new innovation that NFT Alley bring to your NFT marketplace? What are your strategy to become the best NFT marketplace?
You said on telegram for now NFT_Alley still focus to gather community (collector/artist). So for artist, what are the requirement to possible create art and sell it in your NFT marketplace? What tools do you have in your platform to help artist create a NFT, is it easy to use even to new user?
I am a crypto investor and I only care about prospect of a crypto that I chose. Tell me the reason why I NFT Alley choose your project over the existing one. What is your coin advantage that can convince me to change from my favorite token?
Which do you think is more important:
A. Community
B. Investors
C. Token Price
If all of the above is important to you, which should come first?
What makes NFT Alley different from other blockchain projects? Does NFT Alley any advantages to compete with previous strong development and community projects?
While there are risks for new investors, it is true that those that are likely to reward investors are projects with a growing user base. What is your strategy for increasing your participant base right now? What can be said about rewarding and safety?
Can you explain how is NFT_Alley business model?
As I know your product is a NFT marketplace, so how will you get profit, Is it from fees or token sale? But as I know your project base on BSC which you claim can charge super low fee for NFT market, is it enough to get profit and maintain your platform?
For DeFi, the point reached in the crypto world, ETH smart contracts offer a reliable and instant solution for depositing / saving / trading financial instruments. What do you expect from the community to keep your platform up to date and increase your participant base? What promise congregation?
I read that your product NFT marketplace already live on testnet, so do outsider/people possible to test your site? Do you also have Demo for your product or maybe pictures and screenshot about it? When will your product launch for public?
How is plagiarism handled as it is considered to ba major problem. What are the things or steps NFT is taking to solve concerns? Also, how are liquidity and transaction fee concerns addressed?
Could you talk about the governance of NFT.
On what things will the NFT holders be able to vote on?
What is the major goal that NFT is trying to acheive and how unique is it? What should the community expect in future?
What are the current things you are looking at and what the plans and roadmap for future?
Could you elaborate on what MINT CLEAN NFTs is? What is the advantage of this feature, and what does clean mean, in case there are dirty or dark NFTs, fakes?