We are pleased to announce our next AMA on July 21st 2021 at 05:00 PM UTC Time: Satoshi Club x Aspace
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Aspace Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Aspace Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Aspace
For more details:
Aspace Website – aspace.app
Aspace Telegram – @ASpaceApp
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Can you tell us more about the Aspace ILO coming up?
What was your inspiration for Aspace?
What makes Aspace unique from other projects?
Building a social media platform developing on Web 3 on top of a decentralized approach is becoming a competition nowadays. Projects like BitClout, D Tube, Steemit, Basic Attention Token and Twetch have their own strengths, weaknesses, advantages and disadvantages. For an emerging project like Aspace, what features can you propose and sell to your targeted customers for them to use your platform instead from the one I’ve mentioned? What are the key characteristics your project possesses that the others do not have?
One feature that ASpace is promoting is for Developers in creating an interconnected dApps with Aspace’s API’s. For starters, does a user who wishes to benefit from this feature should know the basics of programming? How would you rate the difficulty of creating a working dApp under your platform?
Let’s talk about security and violations. Aspace is promoting a decentralized approach for Web 3.0 for users to benefit from it. Scams and fraud are likely to be seen on social platform nowadays so my question is, How would your management team control the contents posted within the platform? How would they know is the post is violating the privacy of another user and not be used for scam and frauds?
We know that it is to decentralize social networks and integrate wed 3.0 so that users can receive compensation, since those due to centralization do not have the same benefits and only one is the one who receives most of the benefits, my question Would you plan to associate with other projects to bring the idea of ASPACE more layperson? What other functions and advantages would the integration of wed 3.0 bring to the platforms and decentralize yourself with ASPACE?
Being a pioneering project since they have a vision and an idea that no other project has in their plans, having this great advantage over the competition, how they would use this advantage and position themselves among the best since thanks to their idea many users would have a source of alternate income with ASPACE? and what type of security do users handle, will they go through some kind of KYC verification in order to do everything else and avoid being scammed and losing income?
According to your self-developing thesis, your platform will be community-driven after building an adequate userbase. Why did you take this decision? Please explain the benefits that users get from a community-centered platform. By the way, according to the estimated expenses of Aspace, you have allocated considerable payments for some positions including managers and an accountant. As we all know, that kind of formal system is not relevant to the community-driven approach. Then what do you do with allocated funds for their payments? When you have an adequate userbase, are these managers and other employees ready to leave Aspace without any interventions? Do you have an agreement with them regarding this matter?
You have identified some of your competitors, namely, BitClout, D.tube, steemit, Basic Attention token and Twetch. Do you differ from them only because of decentralization and introducing of Web 3.0? In addition to that, are there any unique features of Aspace? What are the strengths of your project? Did you identify any weaknesses of the competitors? In ten years’ time, where do you see yourself in comparison with BitClout, D.tube, steemit, Basic Attention token and Twetch?
Generally speaking, we all are familiar with separate terms, “Decentralization” and “Social Media”. However, Aspace is about decentralizing social media. As social media users, what features can be expected from your platform? The success of Aspace depends on the satisfaction of the users of your platform. Rewarding will not be enough to create a new experience for them. What are the attractive features of Aspace? What kind of experience do users will get?
Aspace is a decentralized social network that is pushing the limits of Web 3.0., But has been able to solve those 3 DeFi problems related to security, interoperability and scalability that despite efforts still continue to hamper many crypto activities?, if their mission is to power build a community platform that prioritizes economic equity and personal data, please tell us what are your priorities to achieve that equity, what are the problems that must be solved for there to be equity?
How developers can bring their updates to ASPACE and make them happen, how would the distribution of the $ AETH tokens are already necessary for the creation of ads and to generate the income of the developers and users of ASPACE? The $ AETH token is the official token of the ASPACE project. What other ways can it be acquired? Will the $ AETH token be included in a network such as BSC or ETHEREUN?
In 3 days it will be launched, how has the interaction with the community been so far, how do you plan to stimulate their participation and investment? They only have Pancakeswap for this launch, do you consider creating greater adaptability with other platforms so that investors have more options and do not give up investing due to lack of alternatives?
Being a decentralized platform built on DeFi, it is community governance, what is the degree of participation that they give to the community and in which aspects does it have greater consideration in decision-making? How will Aspace promote the creation of an active user base for the future of social networks?
Aspace’s goal is to implement Web 3.0 on social media that will allow people to connect to an Internet where they can own and receive adequate compensation for their time and data. But the most important thing is the massive adoption of this new idea. How do you plan to attract users and most importantly content creators and influencers to Aspace? What are the different ways you plan to achieve this adoption? You plan to build the base platform and have the community build the rest, do you already have a pool of content creators as candidates to attract users and achieve community driven growth?
Aspace wants to create a social media platform that will be beneficial to both creators and users. From your revenue sharing model, 65% of Ads revenue will go to content creators, 25% of revenue goes to users who see this ads while your platform will will take 10%. There is no provision for an ordinary crypto investor to earn from revenue share either directly in form of reflective passive yield or through platform staking. Apart from social activities, is $AETH not suitable for general crypto investment? Aside using $AETH to pay for Ads payment, what other utility will it have? How do you plan to encourage the holding of $AETH and how can a general crypto investors benefit from buying it without joining your social media platform?
One of the biggest problems on social media is Hate comments. People abuse each other, give threats, do racism and many other hateful things. So what is the Aspace policy against hate comments? How do you stop them? If someone does will you ban him/her from your platform?
According to your whitepaper, your initial budget to carry out the development of the base application is $ 250,000, which you will extend for two years. When is the platform expected to be ready to monetize and support itself? Also, apparently, you are going to resort to crypto youtubers since influencers require a large expense, but you do not plan to carry out a strategic association from which you can get economic benefits and promote the project?
One of the most basic aspects to achieve mass adoption is the trust that is given to users by transmitting transparency and security. I read the whitepaper and the project website but could not find any information from the development team. The only names I could find are the main developers, Andro and Dimitri. Are there no more staff currently involved in Aspace? If so, why are the identities of the team behind Aspace unknown? Do you plan to reveal your identities in the future? And finally, in terms of security, what does Aspace offer? In your roadmap I did not see audit plans for smart contracts or protocols, is there news of this?
ASPACE will be piloted by the team but you plan to evolve into a self-developing and community governed project. You said once a proposal reach a certain level of positive feedback of voting, 90% of coin will be sent back to developer who initiated the proposal while your reserve will eat up 10% of coins deposited from voting but in a case of negative feedback, 95% of voting deposits will be returned to voters while your reserve will hold and keep the remaining 5%. Why should users deposit asset before they can initiate proposals and vote? Why will your platform reserve take voting deposit whether a proposal is successfully or not and what is the reserve used for? Also, Why do is deposited coin retuned only to proposal initiator when a proposal is successful and voters get nothing but when it fails, proposal initiators gets nothing while voters gets 95% of voters deposit is returned to them? How effective is this type of governance?
Your platform wish to create an Ads platform revenue that will provide a reward both for creators and users. Personally, I dislike been intruded with overbearing ads whenever am using using social sites. Will the ability to receive ads be optional or compulsory in ASPACE? Can a user opt out of Ads and still be able to use ASPACE? Also, are the ads shown to users just general or do your platform use Artificial Intelligence to decide and show ads that are beneficial or targeted to be relevant to each user preference?
There are already many very popular social media platform such as Twitter, Instagram and Facebook. By highlighting which feature will you convince users to leave these platforms and come to Aspace? How will Aspace use the advantages of blockchain technology to attract people? How will you manage your marketing strategy to create an awareness about Aspace?
The competitors of Aspace is very strong in the market if you think about Facebook and Twitter. However, even though Facebook is quite huge, it lost many of its users due the privacy issues. People started to care about more and more for their privacies. How will Aspace use the as its advantage? Can Aspace offer a good level of privacy for these people?
There are many influencers in the current social media platforms who earns a lot of money from their audience. How will you convince them to stop their current social media platforms and start on Aspace? Can Aspace be financially more beneficial for influencers?
The mission of Aspace is to decentralized social media and introduce Web 3.0 to the masses.My question is,Is Aspace built on the Interplanetary File System (IPFS) which will allow for distributed storage of essentially any type of content including texts,images and videos?And can you tell us,will Aspace allow creators to build their own decentralized version of social media networks,marketplaces and platform like Twitter, Instagram etc where social media users can do anything that they are used to doing on traditional social be platforms?
Just like the traditional social media platform, people do make comment on a particular post that is of interest to them,but some end up using abusive speech,bullying,degrading comment about things like culture,race,religion etc.My Question is,What rules have you set up to avoid such and will that person be automatically muted for some days for such action or get kicked out?And will Aspace also promote comment in a fun an innovative way,were users can create promoted comment and mentions it on it decentralized social media platform?And will an influencer,artist, streamers set a preferred price for guaranteed notification about the contented they posted?
I notice that are ways to monetize content in Aspace bringing more value to creators and provide better and more relevant content for it’s users.As part of your possible utilities for Aspace,you plan to Integrate games with trade-able NFTs.What varieties of NFT games are you planning to integrate on your platform?Can you tell us the payment methods accepted for buying and trading NFTs,will the NFTs have an auctioned system and will it also be rented out?And how will you use NFT tech to store content on your Blockchain permanently?Do you have any available NFT games that you will like to share with us?
Aspace is providing generous percentages to benefit content creators, users and developers, however I am concerned about the sustainability of the project. From what I read, the main source to pay your users is through Advertisers, but what advantages are there for them compared to other platforms? Can you explain the commissions that must be paid to advertise on your platform and how often should they renew their contract?
In relation to the revenue share of your platform among users, creators and the project itself, content creators make 65% while users get 25% and the Aspace Reserve claims the remaining 10%. Can you tell us the purpose of this Reserve? Who will be able to access this funds and will this percetages be maintained all the time or are they subject to changes?
Web 3.0 is described by Forbes as a decentralized blockchain protocol, this new blockchain technology will be used to decentralize the web and bring power to the people, they also offer to reward users, content creators and developers, from where and how they will be obtained. the resources, to pay for those rewards?
Aspace will build the base platform to decentralize social networks and present Web 3.0 to the masses, so that the platform is self-sustaining and there is an adequate user base, what contribution is expected from the community?
Aspace will build the base platform to decentralize social networks and present Web 3.0 to the masses, so that the platform is self-sustaining and there is an adequate user base, what contribution is expected from the community?
Hello i want to ask some question about your project…
Q1- Thank you for inviting us to join the AMA. We want to start with the hardest questions. Can we know what Aspace is?
Q2 – One of the biggest aspects of the project’s success is community support. And mostly of successfull projects have programs that interact with their users. My Questions Do you have a specific plan to engage and expand your community and improve the user experience ?
Q3 – What makes the Aspace special? Which features does it differ from other Projects?
Thank you
I understand that in Aspace we can receive a payment for being part of the project, but as a small investor, I would like to know, how can I invest in this project, what is the minimum and maximum amount of assets I can buy and once I invest, how many ways I can earn money, that is, what should we do to start earning money with you and what role would your token play in these earnings?
the competition is fierce, Obviously, there are projects similar to yours. so how will Aspace outperform your competition, do you have any plans to guide users to you, to attract investors who are new to cryptocurrencies and let them know about the usefulness of Aspace, obviously marketing plays an important role in this and using it brings them closer to the success of the project, so what plans do you have to inform people about you?
The Ad revenue share on Aspace is split between; the content creators, users and the platform (Aspace). The Content creators are entitled to 65% of ad revenues, users get 25%, while the Aether reserve claims the remaining 10%. With such sharing formula, how do the Creators and users get their share, is it distributed immediately such ads are interacted with or is there a specified duration to this, and how are the ad rewards paid, is it entirely with $AETH or can parties decide on an alternate payment method? With respect to the 10% Aether reserve claim, what are the funds in the used for, what purpose would they satisfy?
I was able to read that in addition to being able to create NFT content, with Aspace it will be possible to develop any type of dApps interconnecting Aspace API? Or will they only have to be dApps related to social networks where NFT content can be published?
Really with Aspace the creators of content, artists and influencer will be able to obtain much more income than in any other social network, both Cex and Dex? If so, will it require much more effort than in the other social networks?
I understand that advertising revenue will be sent directly to users, without the need for an intermediary, but will we really have to complete a request for this? or really any user can advertise any type of content and thus obtain income?
You point out that content creators will get 50% of the income obtained from the products developed, which represents 10% of what Google offers, right? But is this really the maximum percentage of income that Aspace can provide, or can it increase it in the long term?
Will Aspace have the best design tools for NFT content creators? And also, will they have any mechanism that penalizes and prevents plagiarism of any content?
I could see that in your roadmap you have two types of launch, one Pre and one post, but really why focus on both, instead of joining forces only for the final launch of your platform? Or will it be that for the final release they require many more developers and much more time to complete it?
I could read that users will be rewarded only for their efforts, but could you really explain a bit of how much “effort” users must make in order to obtain rewards? and in how many ways can these rewards be obtained?
I understand that Aspace seeks to decentralize social networks, in order to eliminate all use of personal data, but additionally they seek to introduce the benefits of Web 3 to people, could you tell us what would be those benefits that Web3 would provide to users? will it be only the rewards for publishing content as we see in other similar platforms? or is there really much more?
As the Aspace project continues in it’s develop, a variety of features and utilities will be subsequently added. They include; integrating games with tradable NFTs and $AETH tokens, using NFTs to store contents, and creating a tipping coin environment. Talking on NFTs and it’s integrations in Aspace, what categories of tradable NFTs would Aspace look to support on it’s platform, would it create a marketplace for these rare items, and in storing digital contents via NFTs, how best will Aspace implement this, will it consider a collaborative effort with talented digital NFT content creators, and can you give us possible timelines to the rollout of these features?
In Tradional world, The importance of Social Media is very much, Billions of Users use it on daily basis, What is main issue with traditional platforms, Why do you think Blockchain based social media is a need?
Some of Aspace’s Competitors are BAT, Twetch, Steemit..etc What is the main Problem that Aspace solves but not its competitors?
What methods has Aspace been implementing to obtain funds for liquidity, development and marketing that have been reflected in the Aspace project as such?
What mechanisms will Aspace implement to ensure full, prompt and timely payment to all users, content creators and developers and in what cryptocurrency, token or stablecoin will they make such payments?
Could you tell me what are Aspace’s plans for the near future, in terms of Marketing, Development and other factors involved in the growth of a project, highlighting its strong focus on decentralizing social networks and bringing the benefits of Web 3.0 to the people?
I read, Content creators will be paid 65% of their ad revenue & users will take 25% of revenue for the ads, it means only 10% of the revenue will be with Aspace platform?
What are the other sources that Platfrom makes money?
Where are we going to see the Aspasebapp on Android & ios platform?
Can You talk about its Users interface experience ?
What kind of Content can Be posted by the artists, stramers & influencers?
Is there any process happens about the Content being approved by the Aspace team?
As Aspace platform reward participants for thier efforts on its social network, What all things participants do on the platform?
I have heard something minimal about the Aspace Upgrade Proposals (AUP), could you give more details about it, how they work, what functionalities they fulfill within the Aspace ecosystem and how they are approved?
Aspace is building a self-developing social network where all participants are rewarded for their efforts. So,can you elaborate more about how can anyone in Aspace be rewarded? In what way that efforts will be paid-off? As you give reward to users or participants in your platform,in return how does your platform generate income or revenue to reward your users and to sustain the functionality and stability of Aspace network? As you are a self-developing social network, do you have any plan to collaborate with some established social network platform to help strengthen Aspace network services towards
your users? Thank you
One of the possible utilities of Aspace is to create a steamer environments that promote a tipping coins. So,can you tell us how will your platform acquire a steamer environments? Can you explain more about what is this steamer environments? As you want to create a steamer environments that promote a tipping coins,so do you plan to make $AETH use as a tipping coins? If yes,why not collaborate to some tipping platforms or tipping bot like Cctip or other bot and add $AETH to the tokens to be tipped? Thank you
ASPACE is creating a self-sustaining social network in which all participants are rewarded for their efforts. Can you explain how can a user and content creator profit from this platform? Is there a reward for each post, like, comment, or share on the platform? How much minimum we need to earn for us to convert our efforts into money? How can we withdraw our earnings?
Other social networking platforms, such as Tiktok, Facebook, and Instagram, have banned cryptocurrency updates; what insights do you have in this issue? What are your marketing strategies for achieving widespread adoption?
Hi Aspace!
Aspace aims to create a Web 3 decentralized social media platform which sounds fantastic and will definitely become a very hot project! However there are quite a few competing blockchain projects that also aim to become leading players among the decentralized social platforms, with their own advantages and different approaches. Aspace has not launched yet so you will have to attract users that may potentially already have accounts on other platforms. Please share with us your main selling features that will make sure your targeted user base selects Aspace and more importantly, that they become loyal fans?
Thank you!
Hi Aspace!
I’d like to learn more about the $AETH token use cases and how it can benefit crypto investors who are not active social media users. Currently Aspace aims at catering to creators and users on the platform. In tokenomics I could not find a clear way for investors to benefit either via traditional staking or through redistributing part of the fees to holders. The main benefactors that earn share of the Ad revenues are content creators and to a lesser extent ads consumers plus a minor portion going to the dev wallet. Could you clarify what are the main use cases of the $AETH token that will encourage users to hold $AETH tokens instead of selling them?
Thank you!
Hi Aspace!
As we are all too aware, most traditional social platforms suffer from few abusive, rude or even bullying users who do not adhere to social norms and devolve conversations into fights or just make threads unpleasant for regular participants. This may cause some people to leave the social platform or adversely affect their mental state.
Since Aspace is a distributed platform, I do not think censorship is possible like on the centralIzed social media. Is it even possible to have decentralized moderators? 🙂 I’d like to ask if you have plans on how to resolve this problem in the future, will there be tools that allow users to collectively decide and mute or ban toxic users?
Thank you!
The community has the most important part in your “Self-developing” thesis, where they can suggest what happens next to Aspace, which is the true meaning of decentralization. When you say community, do you mean open to all or will there be requirements to participate in this self-developing platform? As a result, what can Aspace give back to its community?
How will the problem of unfair ad linking and click-fraud be solved? I mean, how will advertisers be able to be sure that they’re paying for views by real people and not bots that are scamming the budget?
One of Aspace’s functions is to provide artists, celebrities and streamers with the ability to create and host their own content. And what kind of content can be published, are there any restrictions and censorship? And do the creators of the content and, accordingly, their creations undergo some kind of verification for authenticity, thanks to which the Aspace team can guarantee its users that all the content is original and genuine and not a copy from the Internet?
Currently, many decentralized & centralized social media platform are available nowadays such as Centralized- YouTube, telegram, Facebook, WhatsApp/Decentralized- Mastodoon, Minds, Ello etc.. How will you overcome this huge competition within centralized & decentralized platforms? Most user expectations are Personal Data, Privacy, and Security. Will Aspace be able to provide a better & more secure place for Aspace community? And a main issue is sometimes users post the unnecessary contents. In this case, how will Aspace react? What are the rules & regulations within Aspace platform on User Control, Free Speech, and Censorship Resistance?
I read that Aspace allow the developers to push governance proposals. So will you count only on developers in governance portal of Aspace social media platform? What about other users those who hold $AETH, will you give a opportunity to involve with governance?
You use a ILO ( Initial Liquidity Offering) on Unicrypt to fundraise the Aspace social media platform. So I tried to buy some $AETH tokens on Unicrypt with Aspace ILO. But Unicrypt team says, “this token has no audits on Unicrypt. The team is anonymous/ this is a high risk ILO”. Can you explain about this matter please? Is this a considerable matter for users of Aspace or not? Will the liquidity fund be locked for certain time or can anyone access to those funds? What will you do with the liquidity funds after ILO?
Now it is not a stable market, which at any time can collapse and pull the value of BNB down as well. Then there might not be enough money to pay developers or other expenses that calculate salaries relative to the dollar.
Using BUSD could bring more stability.
Question: Why is presale decided on BNB?