Month: August 2021

Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Vera and our guests were @denis_lam and @jlyn_tan. The AMA took place on 19 August.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram community

Mary | Satoshi Club: Hello  Satoshi Club! We are happy to announce our AMA session with Vera! Welcome to Satoshi Club😀

Gold Rocket | Satoshi Club: Hello, dear community!

Mary | Satoshi Club: And our guests today are

@denis_lam

@jlyn_tan

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club, guys!😊

Jeralyn T.: Hello everyone in Satoshi, so thrilled to meet with you guys today! My name is Jeralyn, representing Vera. Hope everyone is as excited as I am to have this session going on!

Mary | Satoshi Club: Wow, hello, Jeralyn! Welcome here!

And yes, we are very excited!

Gold Rocket | Satoshi Club: we are very excited and are waiting for you as a long-awaited guest😍

Thanks for joining @jlyn_tan

 [ 👌 Sticker ]

Let’s start!

Introduce yourself please. How did you get to be involved in crypto & Vera? Tell us please about your position in Vera? @jlyn_tan

Mary | Satoshi Club: And tell us more about Vera and it’s mission as well😃

Jeralyn T.: I personally am managing the operations in Vera itself, not something I would call an extremely exciting role, but it’s truly an eye opening experience getting exposed into crypto. Not an easy journey to say the least, but our founder, Denis has been very patient and nurturing in guiding me in all aspects.

Gold Rocket | Satoshi Club: as far as I know you have a really cool project. please tell me more about this

Jeralyn T.:  Vera aims to offer decentralized financing, leasing, lending, and other essential financial services for any NFT marketplace, game, or application.

Gold Rocket | Satoshi Club: in fact, all roles are important when you are part of a grand project

Mary | Satoshi Club: When your project started? How many team members are working on it?

Jeralyn T.: Our project was Founded in 2021. Currently we have our CEO Denis and our CTO spearheading the project.

Mary | Satoshi Club: Gotcha! Jeralyn, thank you for your intro!

We choose 6 questions for the first part of our AMA 😀 are you ready for them?

Q1 from Telegram user @meml97

It has caught my attention that one of the missions Vera Network has set to itself is to “Reinvent the Global Economy”, can you tell us more about this? What plans do you have to reach this goal of yours? How will Vera Network be able as a NFT platform to do that change on the global economy? Also, on what ways do you plan to reinvent the global economy? What problems do you see on it that you feel the need of doing so?

Jeralyn T.: Vera envisions a world where strangers can safely, quickly, and effortlessly perform financial transactions with the property or assets they create and/or own without high transaction costs and dependency on intermediaries.

Vera’s mission is simple: To build open, secure, and powerful NFT financial products that are equally available to everyone everywhere.

To put simply, Vera is here to provide Finance, Rent, Lend, and Verification for NFTs.

Gold Rocket | Satoshi Club: this is a very timely product! 👍

Mary | Satoshi Club: What blockchains will Vera support?

Gold Rocket | Satoshi Club: nft is experiencing its hype and there is a lack of good tools

Jeralyn T.:  These financial services are yet to be available in the crypto world, especially for this hot asset NFTs, which has garnered a lot of interest from traditional finance.

Mary | Satoshi Club: Sure, with Vera everything will be much simplier👍

Jeralyn T.:  Vera is an open financial platform for NFTs, built on Ethereum, Polkadot, Solana, and Polygon

Mary | Satoshi Club: You choose best platforms 👍

Gold Rocket | Satoshi Club: these are top blockchains👍

Mary | Satoshi Club: Thank you for your answers, Jeralyn! Ready to proceed?😀

Jeralyn T.:  *Polygon, sorry

Yes, please do!

Q2 from Telegram user @kimzyemma

Recently, there is scam Vera token going viral in the market where thousands of vera token is given out to the community. And you stated it on twitter that you just finalized your official website and have not generated token to anyone. By the time your token will be released, alot of fake tokens will still be released, how can you protect the community from fake Vera tokens? How can we identify the real token of yours? Concerning the NFT you sold for $130,000,000, is there any plan to supply more NFT to be bought?

Jeralyn T.: Fake tokens are commonplace in the space, unfortunately. As of now, the token has not been released and any token that claims to be from Vera is a scam. Please be aware!

By the time the token is released, the contract address will be provided to the community, so please watch out for our social media and official channels.

Mary | Satoshi Club: Could you tell us if you’re planning any token sales?😀

Jeralyn T.:  About the token sale, YES. We are anticipating an IDO in the near future. You will have to keep close watch on the Vera community to get the first dibs!

Gold Rocket | Satoshi Club: Oh yeah! early birds do all the grain…😁

Mary | Satoshi Club: Yes, we will for sure! 👍

Gold Rocket | Satoshi Club: Thanks for your answers! Ready to proceed to the next question or want to add something?

Jeralyn T.: Let’s move on to the next question😊

Q3 from Telegram user  @Jmagsss

I saw in one of your blogs that one of Vera Labs investors is Animoca Brands, a global leader in branded mobile blockchain gaming who recently raised $88 million at a $1 billion valuation to capitalize on game NFTs. Vera is venturing with Animoca Brands to provide DeFi engines that allows in-game items for lending and leasing between players. May I know, what blockchain games will Vera implement its product and protocols with and would Vera consider integrating directly within the game itself so players won’t have to use third-party apps while playing?

Mary | Satoshi Club: https://link.medium.com/673cpMbWQib

Btw, very interesting article on this topic 🙂

Jeralyn T.: There are many things still under wraps. But what we CAN say is that the future users can expect direct integration with our partners. Players can interact with Vera portal to process their mortgages, in later phases it will be completely integrated and users will not know that there is Vera in the backend.

At the moment there are developments still being worked on and negotiated, so we won’t be able to disclose anything specific just yet. However, we of course appreciate the amount of attention we have gained and the support from the community, old and new. Please stay tuned to our channels for the latest news.

With Animoca Brands as one of our major supporters, we are in discussions to push out exciting developments once they are ready.

Gold Rocket | Satoshi Club: Thanks for your answers

Ready for the next question?

Mary | Satoshi Club: Can’t wait to see what we will get👍

Jeralyn T.: Yup, let’s go on!

Q4 from Telegram user @KathDM

I did read that Vera offers a wonderful opportunity when users decide to take a break from the game. Vera will allow us to rent out our game account or specific in-game items to another player so we can generate income from all the hard work we have put into the game while we take a break from playing. Can we decide for how long we rent our account? What happens if the person to whom we rent our account does not respect the agreed time? How do we protect the security of our account while it is rented? Will that user have access to our private information?

Jeralyn T.: Vera is simply a tool. It is up to the seller or owner to decide their desired rental terms.

Mary | Satoshi Club: But this idea is brilliant 😃

When do you plan this feature to go live?

Jeralyn T.: We are actively building and integrating our financing and rent products into customers/partners now. Will be live before end of year in their games or apps.

Gold Rocket | Satoshi Club: brevity is the sister of talent😊👍 thanks for your answers! Ready to proceed to the next question?

Jeralyn T.: 👍

Q5 from Telegram user @DK177

You have instructed users to make sure that their assets are authentic. Do you have a mechanism to check the authenticity? Currently, there are NFT assets related to Music, Gaming and Movies. How do you react if you find any copywrite issue related to this kind of asset? Further, for making the assets affordable to everyone, have you implemented a maximum price for an asset? Currently, NFT has become a trend. Did you design your project just to follow that trend or do you have specific reasons to choose this field?

Jeralyn T.: The authenticity issue is a problem with many assets before NFTs existed. While its not our core focus to attack this issue, we do have some solutions that can help. We have a product called Verify that makes it much more user friendly for buyers to know the NFT is authentic and certified by the seller or a specific brand or organization.

Gold Rocket | Satoshi Club: Do your users need to pass KYC?

Mary | Satoshi Club: So, we will be able to verify all types of content? I mean Music, Gaming and Movies?

Jeralyn T.: Using Vera, the assurance of authenticity is there with immutable records of the artwork’s identity, certification, verification method, and other related information on the blockchain. This information is publicly accessible to anyone using a blockchain explorer.

Vera’s on-chain registries will support existing universal unique identification methodologies and wireless communication protocols such as AI computer vision object scans, NFC smart tags, and RFID sensors.

We are a DECENTRALIZED protocol. So no KYC.

Gold Rocket | Satoshi Club: Thanks for your answers

Jeralyn T.: We can work with our clients on those industries to implement their desired compliance/authenticity protocols.

Mary | Satoshi Club: Fantastic 👍

Jeralyn T.: Each asset type is different. Vera is just a framework or canvas, but we can accommodate most processes.

Mary | Satoshi Club: Got it! Jeralyn, thank you for your answers! Ready for the next question?😃

Jeralyn T.: 👌

Q6 from Telegram User @igervacio

I like to learn a bit about coding and your platform offers an empowerment for developers, I went to your road map looking for a date related to an important event for dApps developers and I observed that you had a goal planned called “Code Sandboxing” What do you mean by “code sandboxing” and why fulfillment of this objective is vital for the development of Vera Network? What facilities does this update offer for the growth of dApps developers in Vera Network?

Jeralyn T.: Code Sandboxing gives devs the ability to simulate production code without going to production. This helps with product acceptance testing for clients that use our products.

Vera is focused to make developers happy when it comes to enabling DeFI for NFTs… so we will build tools to make integration easier over time.

Mary | Satoshi Club: Sure, you will attract a lot of developers!

Gold Rocket | Satoshi Club: thanks a lot for the answers. and now, before moving on to the live part of the AMA, you can share useful links with Satoshi Clubbers😊

Jeralyn T.: Social media handles and official links:

Website: https://vera.financial/

Medium: https://blog.vera.financial/

Twitter: https://twitter.com/veradefi

Telegram: https://t.me/veranetwork 

Github: https://github.com/veradefi

💬 Chat with us on Telegram — @veranetwork

Part 2 — live questions from the Telegram community

Q1  from telegram username @ashwini_Crypto

As It is Predicted that NFT industry can be next Trillion dollar industry,

& Also lot of NFT project are launching with Artist, Musician, Artists,

Don’t you think with launch of so many NFT projects, there will be no rarity & it will loose its value?

 Jeralyn T.: We are not another NFT project.  We provide financial services for any NFT project and as of now I do not know of any competitors.  So regardless which NFT game or marketplace wins or loses we have market demand. Our customer traction right now is super high and thats why we are actively hiring talent so we can meet the demand.

Q2  from telegram username @Gemshunter22

Does vera network has any plan to support more blochchains in the future? what are your cross chain integration plans to gain mass adoption?

Jeralyn T.: We are currently working on supporting Ethereum NFTs and soon Solana, Polygon, BSC as well. Vera ultimately can support NFTs from any credible blockchain.

Q3  from telegram username @Kabirkapoor9

Will Vera in future be partnering with DeFi Insurance projects to protect their users from volatility in maket? What are your plans for offering Insurance product to provide all the Borrowing, lending, and insuring the product under one roof?

Jeralyn T.: We currently dont work with any insurance project but open to explore if you know any. We are a DeFI service layer for NFT assets so in theory we can work with any project or app that uses NFTs.

Q4  from telegram username @Kushal85127939

Can you please name few strategic partners who are contributing materially in Vera’s venture? What kind of Resources, Tech they are providing to Vera?

Jeralyn T.: Our lead strategic backer is Animoca Brands. They are the largest NFT gaming company in the world that invested in many of the big names you heard of like Axie Infinity, Open Sea, CryptoKitties and so much more. Our backers do not only commit resources but help with partnerships to existing apps games or metaverses so Vera can have mass adoption quickly.

Another up and coming game we will partner with is Highstreet. I cannot say more for now but they’re an exciting VR metaverse with real world customers like luxury and fashion brands that want to get into NFTs.

https://cointelegraph.com/press-releases/htc-backed-vr-metaverse-highstreet-raises-5m-in-its-latest-funding-round

Our strategy is to work with some of the best grassroots communities in the crypto space such as Satoshi club! 😉

Q5  from telegram username @jirencrypto

❎ By this point in 2021 no one is surprised at all the things that can be tokenized in the form of an NFT, however I would like to know what types of assets/products/artwork Vera is thinking for. Do they have the tools to tokenize literally anything? No scalability issues in that matter?

Jeralyn T.: It is NOT up to Vera to decide what assets should be tokenized as NFTs. We are just a financial or banking platform for NFTs regardless what asset class they represent. Its up to our customers/partners to figure that out.

Vera is building steering wheels and brakes… our partners are the ones using us to build their dream car!

Q6  from telegram username @Shakil10000

🔥🔥🔥What are your key features that you are very proud of and feel very confident about that makes you ahead over any project out there?

Jeralyn T.: 1. First mover advantages:  No project we know of is currently offering our financial products and services. We talked to several games and nft apps and none know of a solution provider they are forced to consider building these services on their own. If you were a game its not smart or strategic to build your own bank or financial platform.

2. Seller or custodian protection: NFTs like crypto, once sent to someone you may never get it back. Good luck with disputes. Our products have seller protection built into our smart contracts so if a customer does not pay rent or make monthly payments by an agreed upon deadline they will lose the NFT and itll go back to the right owner. This feature does not exist right now in NFT world.

3. Product Market Fit – App or games selling NFTs already making revenue all tell us its a no brainer to use Vera to increase their revenues and give their user community more amazing experiences with stuff their own and love.

4. Rewards! Passive income! Play to earn is a big deal because we all love making money when we play our favorite game. We will +1 Play to Earn to next level by letting you stake your game nfts and make passive income regardless if someone rents your nft or not!

Q7  from telegram username @KhaleesiTheCryptoLady

VERA is currently looking for an ambitious and experienced talent, so what exactly talent are you looking for? What positions are available at VERA?

Jeralyn T.: We are looking for a wide range of talent to join us, you’ll be able to see more details about the job positions at https://angel.co/company/vera-labs/jobs

Feel free to reach out to us even if you don’t fit the specific roles – we thrive on our community and we are open to listening to what you have to offer

Q8  from telegram username @KeymerS

If really the largest number of NFT art producers are the ETH and BSC chains, then why develop your project aimed at improving NFT markets in a chain other than these like Polkadot?

 Jeralyn T.: The future of NFTs will be on multiple chains. Substrate and Polkadot has tools to help us make bridges to work with NFTs on any chain so we actually can work with NFTs on those chains you mentioned about. Most of our clients are on Ethereum NFTs which is the biggest NFT market and we are integrating with them.

Q9  from telegram username @coinresearcher

I’ve seen a product of you named Verify. What is Verify and what properties does it have?

Jeralyn T.: Verify is a product we are building to simplify the user experience for buyers to buy authentic NFTs and let sellers or brands protect their IP no matter which marketplace or game the NFT is sold on. It is an NFT asset identity management solution.

Q10   from telegram username @habibi_ve

✅ I could see in your roadmap that by Q3 (very soon) you plan to start the global partner and customer acquisition campaign for the launch pad. Can you describe what your plans are for that? Can you mention some potential partners and customers that are interested already?

 Jeralyn T.: Our roadmap is available at https://vera.financial/ and the latest updates will be posted on all of our social media channels, so make sure you follow them all!

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club/

Russian Telegram group: https://t.me/satoshi_club_ru/

Spanish Telegram group: https://t.me/satoshi_club_spanish/

Chinese Telegram group: https://t.me/satoshi_club_cn/

Indonesian Telegram group: https://t.me/satoshi_club_indonesia/

Telegram Channel: https://t.me/satoshi_club_channel/

Twitter: https://twitter.com/realsatoshiclub/

Website: https://esatoshi.club/

Our partners:

Telegram:  : https://t.me/veranetwork 

Twitter: https://twitter.com/veradefi

Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Listen token and our guests was @TonyListen – representative of Listen token. The AMA took place on 18th of August.

The total reward pool was 500$ and has been split into 3 parts.

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Website

Mary | Satoshi Club:  
Hello Satoshi Club! We are happy to announce our AMA session with Listen Token! Welcome to Satoshi Club😀

Gold Rocket | Satoshi Club:
Hello again, dear Satoshi Club community! 😁

Mary | Satoshi Club:  
Today our guest is @TonyListen ! Welcome to Satoshi Club 😀

Tony Hollingsworth:
Thank you for having me.

Gold Rocket | Satoshi Club:
Hello and welcome to Satoshi Club, @TonyListen !

Mary | Satoshi Club:  
Happy to e-meet you Tony! How’s going?

Tony Hollingsworth:
All good thank you.

Mary | Satoshi Club:  
Awesome, so, we can start our AMA 🚀

Gold Rocket | Satoshi Club:
Introduce yourself please. How did you get to be involved in crypto & Listen token?
Tell us please about your position in Listen token?

Tony Hollingsworth:
The Listen Tokens are being sold to fund The Listen Campaign. I’m the founder and director of the campaign and in the past I have produced nine of the world’s largest global broadcast events and campaigns. Each reached over 500m people. These included one to call for Mandela’s release (Nelson Mandela’s 70th Birthday Tribute) one to celebrate the fall of the Berlin Wall and the reunification of the two Germanies and one to celebrate Mandela’s release. Many of our team are media, film and music industry veterans and some our experts in social media and now, with the adoption of Listen Tokens and Listen NFTs we have experts from the blockchain and….. Crypto world – for instance Liam Robertson who leads the Alphabit Fund and has successfully launched many businesses based on blockchain tech.

Done

Gold Rocket | Satoshi Club:
it really speaks to us👏👏👏

What is the essence of Listen token?

Mary | Satoshi Club:  
How did it happen that you got involved in crypto industry?

Tony Hollingsworth:
It’s a token that provides the holder with many benefits. But its main purpose is to help fund The Listen campaign for 1 billion vulnerable and disadvantaged children around the world. I got involved in crypto via my son who has been investing in crypto businesses for some years.

Mary | Satoshi Club:  
Oh, your son is very clever 😉

Now you can benefit cryptocomunity with your experience 👍

Gold Rocket | Satoshi Club:
It’s amazing. and the fact that you are doing charity work thanks to your business and that your son involved you in crypto!👍

Also, we would like to know more about your team. Who is on the project team core?

Tony Hollingsworth:
Yes, it’s a meeting of different paths.

I’m the founder and CEO, Marcelo Salup heads up the media section and he has run many ad agencies, Chris is the CFO and he has run one of the UK’s largest film companies, Preeta is the commercial director in India, Sivan is the Exec Producer in South Africa and the list goes on and on. Its a very big campaign.

Gold Rocket | Satoshi Club:
Thanks for great introduction, we will have several questions selected for the Part 1. Ready to start?☺️

Tony Hollingsworth:
Sure ready.

Q1 from Telegram user @andrey_seleznov
Hi Listen!
I see many very well known names in the Tribute NFT collection on your website, exciting list! Are these stars all onboard the listen project already or some are plans to be approached in the future? Please share some stories, how did you manage to get those stars onboard the Listen project, was it hard or not so much? I don’t think many of them dealt with crypto before, do you involve them into the crypto or do they serve as public figures and share their IP for NFT art pieces without going deep into the crypto ecosystem?

Tony Hollingsworth:
Hi Andrey, We are launching the “Listen Collectibles Auction and Shop” at the beginning of October by starting to auction off NFTs made from my archive of the past nine global broadcast events. This is the list of artists you can see on www.listentoken.com . These auctions will run regularly until we get to the announcement of the artists in The Listen Campaign on March 30th 2022. After that the NFTs will be of the stars and artists participating in The Listen Campaign – over 100/year , plus the creativity contributed by the Listen Community. The stars and artists are not deep into the workings of the crypto system and blockchain but most have heard of NFTs.

Done

Mary | Satoshi Club:  
Can you share some famous names with our community?😀

Tony Hollingsworth:
There are over 200 artists in our archive. These include Nelson Mandela, Whitney Houston, Dire Straits, Sting, George Michael, Stevie Wonder, Denzel Washington, Richard Gere, Bob Dylan, Jon Bon Jovi, Roger Waters,…the list goes on.

Done

Mary | Satoshi Club:  
Wow, that’s stars list👍

Tony Hollingsworth:
😎

Mary | Satoshi Club:  
Thank you Tony for your answers! Ready to go to the next question?

Gold Rocket | Satoshi Club:
Thanks for your answers😊

Tony Hollingsworth:
Sure.

Q2 from Telegram user @yellowchamp
According to your website that in a decade the Listen campaign should generate $4 billion of media exposure, activate a community of 35 million participants and provide $1bn of grants to children’s projects. So as what I have see your goal will become possible if you will be backed up by some good partnership especially from media and a great community support, so does your platform already negotiate to some big company or platforms to help you achieve your goals? Do you also negotiate some media platforms to help you generate some media exposure? What is your plan to gain or attract more people to be part of your campaign? As you aim to grants $1bn to children’s projects,what kind of project for children you plan to spend for this $1bn? For 10 years,in what possibility that you can collect or save up to $1bn from Listen campaign? Thank you

Tony Hollingsworth:
That’s lots of questions. Yes we have many media partners and some are the largest in the world. For instance in the US our largest media partner is ABC/Disney. In India it is Zee TV, In sub-saharan Africa it is Viacom, in the MENA DMI etc. They, with streaming partners, an active social media campaign and many other traditional media partners will provide the platform upon which we achieve our exposure of the problems faced by vulnerable and disadvantaged children and the solutions to their problems. The Listen Campaign allows the public to participate in 19 different ways of which only one is a donation. You can be poor in Botswana and help the campaign or rich in NY. In the first year 75 children’s projects will receive grants ,each a project that is proven, scalable and replicable. Each one celebrated by the campaign.

Done

Mary | Satoshi Club:  
So, you will decide where to donate or you will let your community to make suggestions?

Tony Hollingsworth:
We are choosing 75 projects in the first year. The community can propose projects for the second year.

Mary | Satoshi Club:  
Gotcha 👍

Gold Rocket | Satoshi Club:
Sо, over time you are planning elements of the DAO?

Tony Hollingsworth:
There is a great deal of specialist work over many months that goes into selecting projects that are exemplary, proven, scalable and replicable. So the community can propose but each one has to be looked into deeply and the right mixture and global distribution chosen.

Gold Rocket | Satoshi Club:
Thank you very much for your answers! Ready for the next question?

Tony Hollingsworth:
Sure.

Q3 from Telegram user @Asela1112
You hope to launch “Listen auction of Tribute NFTs” in Q4-2021. It includes most philosophic Characters, actors, Musicians such as Nelson Mandela, Denzel Washington, David Bowie etc.. So can any one participate in this Upcoming auction & buy NFTs that we love? I think, You will be funded a large amount through this Auction. For what will these fundraisings be adopted within Listen Token ecosystem in future? What will be the price range of these Tribute NFTs as you intend? Please share with us more secrets about Tribute NFTs auction & privileges by buying some of those NFTs?

Tony Hollingsworth:
Yes the Tribute NFTs should be wonderful and they are of many famous people. We are not setting a top price as its an auction and we want to raise as much money as possible to fund The Listen Campaign.

You have to buy some Listen Tokens ($LSTN) to be able to participate in the auctions. These tokens provide lots of benefits:

The right to bid for the Star Creative Artist’s NFTs in the monthly auctions which are only open to $LSTN holders; the more tokens you hold, the better access you get.

‘Silver Badge’ status for every 250,000 to 499,999 $LSTN staked for 30 days, entitling the user to a five percent discount on their purchases in the Listen Collectibles Auction and Shop.

‘Gold Badge’ status for every 500,000 + $LSTN staked for 30 days, entitling the user to a ten percent discount on their purchases in the Listen Collectibles Auction and Shop.

The right to vote for the winners of The Listen Creative Arts Awards (see below).

The accrual of Listen Points (Listen Points are the loyalty reward system of the Listen Campaign and provide each holder with exclusive benefits and prize entries, including discounts on tickets, merchandise and Pay Per View streaming):

Users who “stake” 5,000 $LSTN on the official Auction and Shop site will earn 100 Listen points per month (per 5,000 $LSTN staked). ○ Users who purchase Collectibles in the Auction Site and Shop will be rewarded with Listen Points.

Automatic entry into a lottery to win two “Private View” tickets to watch the whole of “Listen Live LA” involving at least 28 Star Musician, 12 Film Stars and world leaders on Monday, June 20th, 2022 at the LA Coliseum, whilst dancing and having a banquet on the field, with the stars, their friends and families. $LSTN holders allocated 100 tickets.

A free ticket for the global streaming of Listen Live Plus on June 22nd 2022 if the token holder has staked over 10,000 $LSTN for the 30 days preceding June 15th 2022.

Done

Mary | Satoshi Club:  
What is the price of 1 $LSTN?😀

Gold Rocket | Satoshi Club:
Where can i buy $LSTN?

Tony Hollingsworth:
They are first available on Launchpool at US$0.016. early September.

Mary | Satoshi Club:  
Thank you, that’s clear!

Ready to proceed?

Tony Hollingsworth:
Sure

Q4 from Telegram user @victorogb
Bringing together a global assembly of stars, celebrities, brands, content creators with a global media presence working together on a 52 weeks long event, spanning accross all regions of the world and in over 90+ languages, is really no mean feat and massive commendations should go to the team and organisers of the Listen Campaign. In recognition of this and looking from an organisational and planning standpoint, how will the team effectively pull up resources and the much needed manpower for such a massive event, how has the collaborative efforts with celebrities, iconic figures and artists been so far, and talking marketing, how would this vital aspect be properly implemented?

Tony Hollingsworth:
Yes it’s a big effort and it involves lots of companies and partners all looking after separate parts of the campaign. Some are looking after the making of “ Listen Live” at the LA Coliseum in Los Angeles, some the global streaming, some the global broadcast. Others are producing the TV series, the social media campaigns etc. Marketing is a major part of the campaign and we have some of the worlds best specialists looking after this. The media team including digital media is being lead by Marcelo Salup who has headed up many media agencies in his life. Loads of experience.

Done

Mary | Satoshi Club:  
Can you give us a list of your partners, i am sure it’s impressive!

Tony Hollingsworth:
I don’t have list in front but I mentioned the major broadcast partners above and they already allow us to reach 200 countries.

Mary | Satoshi Club:  
Oh, got it! Thank you for your answers!

Ready to jump to the next question?🚀

Tony Hollingsworth:
Yes, please.

Q5 from Telegram user @Arisabela
I saw you’ll implement a loyalty reward system through Listen Points, you mention on your whitepaper that the Listen Campaign will provide each holder with exclusive benefits and prize entries, can you explain the ways to earn Listen Points? Is it only by staking your token $LSTN? Or can be earned through different mechanism? Also, what consists of the hierarchy of this reward system?😊

Tony Hollingsworth:
Yes you get Listen Points when you buy tokens or you shop in “Listen Collectibles Auction and Shop” but you can also get them in 19 other ways. The listen community are rewarded with points when they : share content, recruit friends, suggest news stories, create videos, art, music, short stories, enter promotions, organise sub communities, give their thoughts and tell us about themselves. Listen points allow you to enter big prize draws and get discounts off merchandising, tickets, SVOD and they can be exchange for sponsor’s loyalty points. They can also be gifted to the 75 children’s charity projects.

Done.

Gold Rocket | Satoshi Club:
Do your users need to pass KYC?

Mary | Satoshi Club:  
Do you have any guidance on this topic? We love rewards here and i am sure Satoshiclubbers will join with pleasure👍

Tony Hollingsworth:
Very happy to have Satoshi Club members join the Listen Community. To get Listen points you don’t need to do KYC.

Mary | Satoshi Club:  
That’s a great news!

Gold Rocket | Satoshi Club:
Many thanks for your answers😊

Mary | Satoshi Club:  
Thank you for your answers! Ready to go to the 6th and last question from this part?

Tony Hollingsworth:
Yes, please.

Q6 from Telegram user @KhaleesiTheCryptoLady
In collaboration with LaunchPool, Listen allocated a percentage of $LSTN to a token event called an Allocation Mining Event (AME). Can you tell us more details with regards to this event? Is the event still ongoing? What are the criteria for taking part in the $LSTN AME?

Tony Hollingsworth:
Yes its happening early September and anyone can take part. This is actually explained step by step at the bottom of www.listentoken.com, and you can also register for our Guestlist on that page and we will contact you when the event is about to take place with detailed step by step instructions.🚀

Done.

Mary | Satoshi Club:  
Awesome! Don’t forget to share this news with us ☺️

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Karry1999
Can you talk about the audience reach of the listen to campaign and is the campaign also on news items, social media, and tv series?

Tony Hollingsworth:
Yes The Listen Campaign is across all social media and traditional media. It should reach an audience of 500m each year. I’ve done this nine time before when the world’s population was smaller and harder to reach. For instance the Nelson Mandela 70th Birthday Tribute reached 600m when there were only 5 billion in the world.

Q2 from Telegram user @ysasoma
I read that Listen Token gives fans access to exclusive NFTs from the best actors, musicians, artists and writers in the world, but how will you get them to contribute to you, what strategies will you use to attract them and how will you demonstrate that Listen Token will really help the underprivileged children of the world and that you are not building this project simply to benefit a few. Also could you tell us, currently what exclusive NFTs you have or are about to launch and if you have any system where users can request NFTs from specific celebrities or if there is any way that we the users can help you to attract artists to the platform?

Tony Hollingsworth:
The stars and creative artists come into The Listen Campaign and give their rights to be used in lots of ways, TV, Streaming, social, news and NFTs. The rights come in a bundle.

The artists sign up because they can see that the whole campaign helps vulnerable and disadvantaged children. It does it in three big ways. Firstly it shows the world the problems these kids face and solutions to those problems. Secondly, it develops a community to help. Thirdly it raises donations.

Q3 from Telegram user @cryptoneco
From your website, “Every year, the world’s top 100 Creative Star Artists and tens of thousands of Citizen Artists from the Arts, Digital Art, Literature, Music and Film fields will contribute to the Campaign and create unique content.”
Why did you set a limited number of 100 people, what if there is much more interest? How is the interest of the artists in the project at the moment, do you have any numerical data?

Tony Hollingsworth:
We are not limiting anything to 100 people. We will have over 100 major stars and creative artists and will make NFTs from their contributions. And we ask the community to also create videos, art, music, short stories and we expect 10s of thousands of these. The “citizen artists” can also enter their contribution into The Listen Creative Arts Awards and the winners get shown in the global broadcast to 100’s of millions.

Q4 from Telegram user @andrey_seleznov
I learned from your litepaper that the Listen Campaign digital collectibles NFTs will be minted on the Flow blockchain. I imagine Flow is not the most popular blockchain at the moment, probably not too many crypto enthusiasts ever used it or have a wallet that supports it. Can you share what were the main driving factors behind choosing Flow? I realize ETH is not very energy efficient and scares users with high gas fees, but for example BSC solves those issues and has a very large user base now. What other chains have you considered during the design phase?

Tony Hollingsworth:
We chose Flow because it is faster, more scalable, and far more energy-efficient (“greener”) than Ethereum. Additionally, users who buy, sell, and trade Listen NFTs on Flow will not have to pay high transaction fees like on Ethereum. A third contributing factor is the ability to natively integrate fiat payments, as the Campaign is appealing to a global audience, we did not want to restrict our user experience to only those who own ETH and already have an Ethereum wallet.

Q5 from Telegram user @Tahsinahmett
What is Listen NFT’s most ambitious goal that sets it apart from your competitors? What are your new developments and updates?

Tony Hollingsworth:
The Listen Campaigns goals are helping vulnerable and disadvantaged children around the world. We do this by creating a global campaign of many different parts – over 62 social media items, a influencer campaign, two TV/Streaming series, two major promotions, a feature documentary , live events, a global streaming event and a global broadcast event. As part of this we have the “Listen Collectibles Auction and Shop” where people can buy NFTs. This income supports the campaign which asks the public to give donations. We expect an average of $100m/yr in donations.
However, raising donations is not the only way the campaign helps children. The Listen Campaign also does the communications job that the children’s charity sector cannot do – getting the world to Listen to the problems faced by 1 billion (before Covid) very vulnerable and disadvantaged children and celebrating the solutions that the charity sector has – wonderful projects in the field.

Q6 from Telegram user @Kathdm
As you mention, The current NFT landscape exists tangential to the cryptocurrency market. While providing certain benefits such as liquidity and technology rails, usage of these platforms remains low, as barriers to entry are high for the average consumer. The main pain points include a complex process that involves purchasing cryptocurrency (to purchase the NFT, and pay for transaction fees). This process is overly burdensome and prohibitive for the vast majority of potential consumers. What solutions do you provide to this? Do you accept other payment methods at Listen Collectibles Auction and Shop besides cryptocurrencies? Isn’t it a requirement to have a Metamask or Trust Wallet?

Tony Hollingsworth:
The “Listen Collectibles Auction and Shop” will allow people to bid and buy in Fiat or Crypto it also introduces them to Wallets in a simple way.

Q7 from Telegram user @Cheriemike
The Listen Campaign run 52 weeks per year and you expect the campaign will involve 160 major creative artists from film, music, art, and literature,80 famous stars around the world, and 20 who are big in each of India, Africa, MENA, and Latin America and will be creating or performing for the campaign and we will make NFTs from their contributions and Auction them off regularly. My question is, Is it just top and famous stars that are giving the opportunity to participate in the creating and auctioning off their own NFTs?How about citizens of states/countries or new upcoming artists are they not inclusive of creating NFTs for the Listen Campaign?

Tony Hollingsworth:
Yes anyone can create for the campaign and their content will be used to grow the campaign. If they enter their art, music, video, story into The Listen Creative Arts Awards they have the opportunity to win prizes, and if they get 1st prize they are shown to 100s of millions. First, the community vote, then the Listen Token holders vote, then the stars choose the finalists. Some completely unknown could win and have their career launched to 100s of millions.

Q8 from Telegram user @gdjshskksh
Is my personal data safe in this project? Is your project’s data security technology completely safe for the customer?

Tony Hollingsworth:
Yes, your data is safe with us. We are using a high-security system and will never sell your data to anyone.

Q9 from Telegram user @Jodasf
Competition is fierce, so I would like to know how Listen Token will stand out from its competitors, what are the unique features that will allow you to attract users and get them to use your platform?

Tony Hollingsworth:
We are the only Token and NFT project that is part of a campaign reaching 500 million people each year. We are also the only NFT project that has a built-in stream of major star artists and citizen artists.

Q10 from Telegram user @sophiejohnson1
What event caused the Listen NFT to be born for unlucky children? Was it just for a charitable mission?

Tony Hollingsworth:
Having produce nine of the world’s largest global broadcast events and campaigns, each reaching audiences of a 500million or more, I semi-retired to look after my kids. During this time I looked at many causes that might need an annual and global media campaign. The one that had universal appeal was helping vulnerable and disadvantaged children. People are far kinder humanitarians when they look at kids. It was on the top of my list and then one night it all became obvious. I was walking one of my boys around as he was ill and needed the motion to sleep. I was also listening to BBC World Service Radio and heard a young African mother being interviewed about her baby had just died of diarrhea. It would have cost 10 cents for the rehydration sachet but she had no money and no clean water. Her baby had died for lack of 10cents. If mine just coughed strangely we could call a doctor. The unfairness of the situation made me commit to developing an annual & global media campaign to help vulnerable a disadvantaged children.

Part 3 – Quiz Results

In the final part, we tested your knowledge in terms of Listen token. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.
For more information and future AMAs, join our Social Media channels:
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Listen token Telegram community: https://t.me/ListenNFT
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Website: https://www.listentoken.com/

Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from ATTA and our guest, @cindyl111. The AMA took place on the 17th of August.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$.

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram&WebSite

Gold Rocket | Satoshi Club: Hello again, Satoshi Club community! We are pleased to announce AMA with ATTA. Today our guest is @cindyl111!

Cindy: Hi everyone!

Andrés M. | Satoshi Club: Hello dear community. Let’s say hello to our dear guest from ATTA project @cindyl111!

Cindy: Glad to be here today!

Gold Rocket | Satoshi Club: It is also a great pleasure for us to have you here today😍

Andrés M. | Satoshi Club: How is going your day Cindy? It’s a pleasure to have you here😁

Cindy: I’m doing great haha, thanks for having me here.

Gold Rocket | Satoshi Club: The last time we saw each other was in June.

Cindy: Yeah haha, I’m here today ready to share more about ATTA and our upcoming event 🙂

Gold Rocket | Satoshi Club: Feel free please. What interesting happened during this time?

Cindy: We had the successful launch of Ding Wu’s and O2’s NFT assets on Binance NFT. We also jointly launched the Childhood Fantasy Mystery Box and premium auction with Binance Charity and Smile Angel Foundation on Binance NFT. I can talk more about the details when bringing up our development progress haha.

Gold Rocket | Satoshi Club: Wow! you didn’t waste your time!👏👏🤩

Cindy: Yeah, we’re packed with events and news!

Andrés M. | Satoshi Club: Of course, excited to know more about it😁👏

Gold Rocket | Satoshi Club: Please remind us a bit about the project for new members. What is the meaning of ATTA?

Cindy: Sure!

ATTA is a block-chain based content creator for premium copyright assets and has joined Binance NFT 100 creators.

By focusing on music, movies, esports, charity and celebrity IPs, ATTA aims to introduce best-in-class assets with exclusive rights and benefits to collectors worldwide, and open a two-way door to the metaverse by converging the physical and the digital. ATTA products are available on leading platforms including Binance NFT, Element, BAZHUAYU, and Poizon App etc. For more information, you can visit: https://www.atta.zone/

Gold Rocket | Satoshi Club: Great intro! Thank you very much😊
We will have several questions selected for the Part 1. Ready to start?

Q1 from Telegram user @Jmagsss:

Atta specializes in NFT contents including Music, Movies/TV shows, E-sports, Celebrities & Charity. I have a question for TV Shows. We all know that producing a TV show is not a one-sit-job, for it requires months or even years of preparations, taping and editing. Does ATTA accepts TB series in its platform that are made locally with start-up crews and fresh artists? Does ATTA only accepts original and copyrighted TV shows and programs or do you also cater TV shows from the past as long as the content creators has the right to share them in a public platform like ATTA?

Cindy: Great question haha!
We do consider TV shows that are made locally with start-up and fresh artists, but currently we prefer more mature TV shows production team since most of our team members have been in the entertainment and art industry for several years, especially in China. This means that we have connections with a lot of outstanding suppliers in this industry.

For TV shows, we would probably start with short video series like the ones on TikTok and we would also cater TV shows from the past, but we are probably going to change the content a little bit so that it will have better gameplay and utilities for our users.

Andrés M. | Satoshi Club: In the future, ATTA could become a big streaming platform?

Cindy: We’re not really a platform but a premium content brand. BAZHUAYU is the platform that will distribute the NFT assets. We not only focus on tv shows, movies etc, but also art, celebrity and turning their content into NFT, so technically BAZHUAYU would be a streaming platform haha!

Andrés M. | Satoshi Club: Btw, at the moment which partnerships do you have regarding tv shows products?

Cindy: Currently, we hadn’t had any partnerships regarding tv shows yet, What we have right now is e-sport, celebrity and music NFTs. But we’ll definitely release tv shows product in the near future.

Andrés M. | Satoshi Club: Thank you so much for the clarification and the great answer, would you like to add something before the next question?😃

Gold Rocket | Satoshi Club: Thanks a lot for your answers!

Cindy: We can proceed to the next question 🙂

Q2 from Telegram user @igervacio:

ATTA announced that their “Children’s Fantasy Mystery Boxes” sold out in an hour on Binance NFT, this is very interesting, congratulations, but I heard that part of that money raised was going to be used by you for charity. It strikes me that those Charitable acts are established for a specific health condition, because ATTA allocated part of the sales to the Smile Angel Foundation to support children born with clefts and their families. Did you choose this foundation at random or is there a medical condition that is special to ATTA?

Cindy: The foundation was not chosen at random, we are very selective in terms of partnerships in order to bring the best product to our users. We only collaborate with professional foundations, and the founders of the Smile Angel Foundation were the famous singer Faye Wong and famous actor Li Yapeng, whose daughter was born with clefts, so they established this foundation. As we mentioned in previous AMA, Our CEO has deep connections with many celebrities and IPs in China. He also has deep a connection with Smile Angel Foundation, and deeply know about their charity purpose and commitment. Therefore, we chose them as out partner.

Gold Rocket | Satoshi Club: It is very noble of you to do charity work by the way.

Cindy: Thanks, we’ll definitely collaborate with more charities and have more charity events in the future!

Gold Rocket | Satoshi Club: Thank you very much for the clarification.

Andrés M. | Satoshi Club: We are happy to know it, that’s what our world needs👏

Cindy: Yes.

Gold Rocket | Satoshi Club: Ready for the next question?🤗

Cindy: YES!

Q3 from Telegram user @UplineStephen:

To celebrate the launch of ATTA x LOL Streamer NFT Collection, you’re opening up the whitelist of the sale. All whitelist participants will have the chance to share Mystery Box airdrop with a total value of 5,000U. 200 lucky whitelist users will be hand picked to enjoy the exclusive discount of “Buy 4 Get 1 Free” during the sale (limited to 20 boxes per user). This is an incredible offer because I noticed that you’re giving up to $350,000 as cash-back rewards to all NFT holders through the voting pool, while users will also have redemption opportunities to play LIVE games with renowned LOL streamers.

May I ask, what qualifies one to join this exclusive NFT whitelist offer? Do I need to do anything special to qualify to participate? Or just anyone can join the whitelist contest you’re opening on August 19th 8:00pm (UTC+8)?

Cindy: For this question I would like to elaborate a little and talk more about it as it’s our major upcoming event haha!

Andrés M. | Satoshi Club: Take your time😁

Cindy: So the first batch of “ATTA X LOL Streamer NFT Mystery Box Collection” contains three Streamers’ LOL Champion Figure with outfit and Streamers’ Fashion Figure cards, including Rita, Fireloli and Tong Xi, in three rarities: SR/R/N.

Rita（Over 2 million gaming followers）

Tong Xi（Over 2 million gaming followers）

Former EDG Player Fireloli（Over 1 million gaming followers）

The NFT card in this collection will be available to trade on Treasureland.

Most importantly, By collecting NFT cards, users can not only participate in the “ATTA Tournaments” voting pool, but also redeem for LIVE gaming opportunities with a streamer if they collect the streamer’s entire NFT collection.

Rules for LIVE game with renowned streamers:

1) Collect all types of Rita’s NFT (4 in total): Win the opportunity to have one LIVE game with Rita during streaming;

2) Collect all types of Tong Xi’s NFT (4 in total): Win the opportunity to have one LIVE game with Tong Xi during streaming;

3) Collect all types of Ai Lori’s NFT (4 in total): Win the opportunity to have one LIVE game with Ai Lori during streaming;

Here’s the tutorial for purchasing the Mystery Box：
https://medium.com/atta-official/atta-x-lol-streamer-nft-mystery-box-collection-purchase-tutorial-fc293f3aa25e

To celebrate, we’re opening up the whitelist of the sale. All whitelist participants will have the chance to share Mystery Box airdrop with a total value of 5,000U.

200 lucky whitelist users will be hand picked to enjoy the exclusive discount of “Buy 4 Get 1 Free” during the sale (limited to 20 boxes/ user).

Join whitelist here: https://forms.gle/JY2XL5BS4RzY5smv5
Join the sale: https://bazhuayu.io/

Here’re some demo of the NFT cards and the probabilities of each type of NFT card 🙂

Here’s an overview of the probabilities of each type of card:

Andrés M. | Satoshi Club: What is the most difficult card to earn?

Cindy: It would be the SSR NFT cards.

Andrés M. | Satoshi Club: I love the concept of NFTs with usecases😁

Cindy: YES, that’s our core concept haha! Not only collectibles but also utilities.

Here are more details for this upcoming batch of NFT collection: https://medium.com/atta-official/exclusive-drop-atta-x-lol-streamer-nft-mystery-box-collection-with-up-to-350-000-voting-pool-ea053d1cd165

Andrés M. | Satoshi Club: Satoshiclubbers, let’s join this amazing campaign👏

Cindy: And shifting to introducing “ATTA Tournament” the voting pool.

As givebacks to all Mystery Box purchasers, ATTA will open the “LPL 2021 Summer Playoffs” NFT Voting Pool at https://www.atta.zone/ after the sale ends (August 20th). You can use your NFTs to vote for their favorite teams during each match.

Gold Rocket | Satoshi Club: This is truly a great event! And those lucky ones who win will be simply in seventh heaven😁😍

Andrés M. | Satoshi Club: Yes a big one, LOL is one of the most famous MMO in the world!

Cindy: Yes haha, after each match, users who voted for the winner can share all the rewards from the dedicated reward pool (shares are calculated by the weights of different rarities). Up to $350,000 from the first sale will go into the tournament reward pool, all of which will be given back to NFT holders as rewards.

ATTA will continue to release “ATTA x LOL Streamer NFT Mystery Box Collection” by batches and with different series. More reward pools will be opened for tournaments including the “League of Legends World Championship,” while part of the sales will continue to be rewarded to NFT holders.

Gold Rocket | Satoshi Club: Really fair!

Cindy: Yeah haha, we carefully discussed and dedicatedly made the rules to make it fair for all users.

Andrés M. | Satoshi Club: Thanks for the detailed explanation, we hope our community don’t let pass this opportunity!

Cindy: Most importantly, the NFTs will not be burned after each vote or redemption and can be traded freely anytime. NFT holders can use them for all the future voting pools and rewards.

Here’s a tutorial for participating in the voting pool: https://medium.com/atta-official/lpl-2021-summer-playoffs-nft-voting-pool-tutorial-ae1fd489926d

Gold Rocket | Satoshi Club: Win-win position for holders.
Don’t miss great opportunity, Satoshi Club😊

Cindy: I would like to emphasize the benefits of whitelist again haha!

All whitelist participants will have the chance to share Mystery Box airdrop with a total value of 5,000U.

200 lucky whitelist users will be hand picked to enjoy the exclusive discount of “Buy 4 Get 1 Free” during the sale (limited to 20 boxes/ user).
Join whitelist now: https://forms.gle/SPb1ShUd52CtvSkRA

And ready to move on to the next question! 🙂

Andrés M. | Satoshi Club: Question covered, let’s proceed!

Q4 from Telegram user @DK177:

Announcing the “LPL 2021 Summer Playoffs”, you have indicated that up to $350,000 from the first sale will go into the tournament reward pool and they will be given back to NFT holders as rewards. How do you calculate and distribute these rewards among users? Does the reward depend on the total value of NFTs that each user holds? By the way, prevailing pandemic situation may have a negative impact on this kind of NFT voting pools. How do you manage those issues? Have you identified this kind of challenges you may face? Please explain about your strategies to survive in this situation.

Gold Rocket | Satoshi Club: Partially disclosed, but maybe you will find something to add😊

Cindy: Yes, so I think I answered most of the concerns about the voting pool in the previous question. The rewards will be calculated based on the weights of your NFTs, where SR (the rarest NFT) will have the most weight, then R then N.

For the pandemic situation, we had considered this condition. If the organizers of the competition had to, they would move it to virtual tournament, so it won’t really affect our voting pool because there’ll still be ongoing matches that users can vote for.

That’s all I want to add on for now 🙂

Gold Rocket | Satoshi Club: Thanks 👍

Andrés M. | Satoshi Club: Thank you, btw could share us your roadmap? To remember our community what is coming😁

Cindy: The road map will come with our whitepaper, which will be released soon I believe. Since we have not launched any token, so have not published whitepaper on our website, but will definitely have it ready for everyone before the token launches.

What I can disclose for now is that in the first stage, we did project research, finished seed investment, prepared for beta product, etc.

In the second stage (current), we will focus on Ecosystem development, launch on Binance NFT, deployment on Flow, as well as utility redeem such as the Binance NFT charity series. Additionally, community activities including NFT e-sport, NFT concert, movie premier, etc.

The third stage (probably next year), we will potentially have our TGE announced, depends on our development.

Andrés M. | Satoshi Club: We can’t wait😁

Gold Rocket | Satoshi Club: Looking forward to news😍

Cindy: Yes, make sure to join our telegram for the newest updates! https://t.me/attaofficialeng1

Andrés M. | Satoshi Club: Of course! Satoshiclubbers, let’s join!
Time to proceed with the next question.

Q5 from Telegram user @andrey_seleznov:

Hi ATTA!
I saw on ATTA website NFTs priced not only in crypto such as BUSD, but also in fiat currency like HKD. Do you plan to expand the supported fiat currencies list? Do you have analytics that can suggest how many users in percentage use fiat support vs the crypto payments and maybe how many users have joined the platform because it allows fiat transactions? And finally, ATTA promises not only virtual art but also physical items. How can users purchase real art items and how do you guarantee the uniqueness of such items in the edition is limited?
Thank you!

Cindy: So currently, we support credit card and cryptocurrency payment, that’s why it has HKD as an option. And our team definitely have professional tech team and analytics in order to secure the website and make progress for our project.

For the physical items, we jointly launched the Niu.X fashion toy with POIZON in March on https://www.bazhuayu.io/. We’re planning on launching more physical collectibles like this in the future. But currently, for physical items, they are mainly redemption rewards, like the Smile Angel Foundation collection where you can collect NFTs and redeem for physical rewards.

The items are limited and unique because they’ll all be jointly launched with premium IPs and will only be produced by ATTA, most importantly, we’ll limit the number of editions released!

Andrés M. | Satoshi Club: Are you planning to accept more fiat currencies as payment method?

Cindy: Yes we might, it depends on our development progress haha! Will definitely notify our users if we start accepting more fiat currencies.

Andrés M. | Satoshi Club: Haha I think it could increase the adoption of no crypto users.

Cindy: For sure, ATTA’s concept is also linking the real world and digital world.

Gold Rocket | Satoshi Club: Sounds great!

Andrés M. | Satoshi Club: Now, the last question of this part of the AMA is here, ready to go?🥳

Cindy: YES!

Q6 from Telegram user @Highpee:

Your last visit on June 21st was an interesting one and you were able to explain the details of ATTA NFT to us. However, during the last question from Part 1, you were not fully able to provide a clear explanation to the question which was in relation to how NFTs are stored when they are minted. You guessed it may be IPFS, but you were not certain and then promised to check it up with the technical team.

If I may amplify the question again, are these NFTs stored on your server or do you make use of IPFS to store music, art, videos and other media related NFTs? Is the process of NFT production and storage a one way on-chain process or are these processes shared into both on-chain and off-chain components? And as a premium NFT brand that place priority on Intellectual Property, how do you authenticate these NFTs to guarantee their legitimacy during the process of minting and before storage?

Cindy: Yeah haha, thanks for the reminder. For the NFT, confirmed with the tech team it’s IPFS and on-chain.

For authentication, currently we only partners with professional organizations, institutions etc. And as I mentioned previously, we’re very selective in terms of partnerships, like Smile Angel Foundation and the LOL Streamers, we directly communicate with their MCN and union. They also posted official announcement on their side.

Gold Rocket | Satoshi Club: Tell us a bit about Exclusive Chip Certification

Cindy: Sure!

Gold Rocket | Satoshi Club: This is something new in this industry.

Cindy: Yes haha, so the Proprietary Chip Authentication, which is for NFT products that are associated with a physical entity. In that case, we’ll associate a chip with the NFT on-chain, authenticating the unique identity of the physical item. The NFT associated with the chip can be read with the BAZHUAYU App, which corresponds to the individual authentication information of the product.

For more of the details, we have an overview on https://www.bazhuayu.io/

We’ll also post guidelines regarding the process if we release any more physical collectibles educating our users about it.

Andrés M. | Satoshi Club: Thank you Cindy for your complete answers, this first part was amazing and informative like past AMA😁
Now is time to interact with our dear community!

Cindy: I’m ready!

Gold Rocket | Satoshi Club: Thanks😘 You are great @cindyl111!

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Nenyesam:

Can you share the social media links, where we can read and understand more about this project and also any educational guide on NFT that will help us navigate properly on your platform?

Cindy: Here’re our Social Media Links:

• Twitter: https://twitter.com/ATTA_NFT
• Telegram: https://t.me/attaofficialeng1
• Medium: https://medium.com/atta-official/tagged/attaeng
• Instagram: https://www.instagram.com/atta.zone.official/

We have posted a lot of tutorials on Medium that you can follow, as well as some introduction of NFT and our concept on ATTA’s official Website: https://www.atta.zone/ and Bazhuayu: https://www.bazhuayu.io/

Here’re also two tutorials for Mystery Box purchase and voting pool:

Q2 from Telegram user @coinerman:

As I understand it, ATTA’s team is currently primarily focused on the Asian market. Will you try to reach other regions to become more globalized? What strategy will ATTA follow to expand rapidly?

Cindy: Yes we will definitely reach out to other regions and ii is planning on it. For instance, for the LOL NFT collection, we’ll open the “League of Legends World Championship” voting pool and is planning on collaborating with more well-known streamers from other regions.

Q3 from Telegram user @meml97:

It caught my attention that right now, there is this event happening on ATTA called “LPL 2021 Summer Playoffs”, can you tell us more about it? What is this event exactly about? I read that users can vote on it and they can do it with certain NFTs, can you give us more details? Why is there a voting system needed and what kind of NFTs can people use to vote? Also how can they vote? What can users win if they voted for the winner team? What benefits do they get from this event? How long will this LPL 2021 Summer Playoffs last?

Cindy: Yes, I think I have disclosed most of it in the AMA. But here’re some important highlights:
You can vote with NFTs from ATTA X LOL Streamer NFT Collection.

After each match, users who voted for the winner can share all the rewards from the dedicated reward pool (shares are calculated by the weights of different rarities). Up to $350,000 (around 70%-50% of the revenue) from the first sale will go into the tournament reward pool, all of which will be given back to NFT holders as rewards.

ATTA will continue to release “ATTA x LOL Streamer NFT Mystery Box Collection” by batches and with different series. More reward pools will be opened for tournaments including the “League of Legends World Championship,”, while part of the sales will continue to be rewarded to NFT holders.

I posted the tutorial above but here’s an article if you prefer this way: https://medium.com/atta-official/lpl-2021-summer-playoffs-nft-voting-pool-tutorial-ae1fd489926d

Q4 from Telegram user @Wong2008:

Can you tell us about the governance mechanism through ATTA Platform?

Cindy: Just for clarification that ATTA is not a platform but a premium content brand, and we have not launched our token. However, it’s very likely that we will launch our token in the near future and publish whitepaper before that.

Q5 from Telegram user @messilolz:

Where are your NFT listed to buy and do you have your own NFT market or not?

Cindy: We currently don’t have our NFT marketplace, but you can see ATTA NFT on many leading platforms including Binance NFT, Elements, Treasureland and BAZHUAYU. The upcoming Streamer Collection can be purchased on BAZHUAYU: https://www.bazhuayu.io/

Q6 from Telegram user @captainpricee:

Although the usage areas of NFT are expanding, a very large audience is still unfamiliar with this technology. Does ATTA plan to reach this audience? Also, do you have any tutorials for those who haven’t learned how to create NFT yet?

Cindy: Yes we definitely want to reach those audience who are unfamiliar with NFT, since our concept is also linking the real world and digital world.

We create guidlines and tutorials along with all the sales and events for people to follow.

Q7 from Telegram user @AugusS7:

I could notice that one of the main sponsors of ATTA is BAZHUAYU, which is a platform that seeks to take advantage of the full potential of the fans, therefore, could you tell us a little about how beneficial the sponsorship of this platform is to the content creator ATTA? Will it really provide you with technology that will allow you to bring artists closer to fans? If so, how will you do it?

Cindy: For that sponsorship, you can read more in this article. BAZHUAYU has strong resources to help us develop: https://medium.com/atta-official/bazhuayu-launches-premium-content-brand-atta-64e74fb28522

Q8 from Telegram user @Jonathantross:

I have seen multiple NFT projects which generally focus on simple digitalization of a picture, video clip or any creation. How ATTA is different from these projects?

Cindy: We are supporters of utility NFT, as we think NFT has evolved and pure social NFT projects like APE or Crypto Punk are hard to develop anymore. You need to focus more on the utilities of NFT from now on.

A key to utility NFT is the scale of the rewards provided. We believe you not only need to link the real world, but also converge the physical and the digital, to make it a two-way interaction. For example, NBA Topshot, a great project, but more focused on one-way connection, from the real world to the digital. That’s why their trading volume depreciated significantly.

ATTA is trying to create a NFT brand that links the real world, a convergence of the physical and the digital, a two-direction door to the metaverse. This is our key differentiator – not just digitalize assets from the real world, but also bring digital to the real world.

Q9 from Telegram user @meml97:

During the last AMA session between ATTA and Satoshi Club, you said you were mainly focused on the Chinese market as the CEO knew a lot of Chinese influencers, but since that moment ATTA has grown exponentially, especially now that an alliance between the project, Binance NFT 100 Creators and Binance Charity has begun. So I was wondering, is the Chinese market still your main target or did that change thanks to all the progress you’ve made? Will you specifically focuse on one market after the Chinese one or do you plan to make things more on a global spectrum from now on? Whatever your next target is, I would like to know what your marketing plans are to keep growing?

Cindy: As I mentioned previously, we’re planning on collaborating with more well-known streamers from other regions for the LOL Streamer collection as well as opening up voting pool for LOL world championship. And since League of Legends is a global game, we believe it would attract many users from other regions.

Q10 from Telegram user @Ratash97:

Utility NFT is quite a new concept for me, can you explain more about the utility aspect of ATTA NFTs?

Cindy: Yes, utility is the core value of our NFTs. For instance, all NFTs from this LOL collection can be used to predict match results for LOL tournaments and win rewards.

Here’re the details on ATTA NFT Utility:

As a support of Utility NFT, ATTA will open an “NFT Benefits Redeem Store” for each IP. You can’t shop in the store, but only redeem the IP’s rights and benefits through related NFT products that were produced by ATTA. So be sure to hold the NFT of your favorite IP.
Imagine your favorite streamer invites you to play a LOL game together during the streaming, or share something special with you and you ONLY. You will be able to vote to decide what benefits to be included with ATTA NFT – we could own any benefits that you could image through NFT.
ATTA NFTs will not only be collectibles, but also utilities.

ATTA Token:

If ATTA issues its own token in the future, all holders of ATTA-produced NFTs (including airdrops) will receive tiered benefits.
Certain holders of ATTA NFTs will even receive priority subscription rights of the ATTA token.

Purchase Eligibility for Super Rare NFT:

ATTA will occasionally launch super rare NFT products of top IPs, which will be available for purchase ONLY to holders of ATTA NFT. Super Rare NFTs will all be eligible for obtaining the top benefits in the real world.

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

• English Telegram group: https://t.me/Satoshi_club/
• Russian Telegram group: https://t.me/satoshi_club_ru/
• Spanish Telegram group: https://t.me/satoshi_club_spanish/
• Telegram Channel: https://t.me/satoshi_club_channel/
• Twitter: https://twitter.com/realsatoshiclub/
• Website: https://esatoshi.club/

Our partners:

• Twitter: https://twitter.com/ATTA_NFT
• Telegram: https://t.me/attaofficialeng1
• Medium: https://medium.com/atta-official/tagged/attaeng
• Instagram: https://www.instagram.com/atta.zone.official/
• Website: https://www.atta.zone/

We are pleased to announce our next AMA on August 27th 2021 at 05:00 PM UTC Time: Satoshi Club x Cyberfi

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Cyberfi 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. Cyberfi Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Cyberfi

For more details:
Cyberfi Website – cyberfi.tech
Cyberfi Telegram – @cyberfi_tech
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on August 24th 2021 at 03:00 PM UTC Time: Satoshi Club x Swash

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Swash 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. Swash Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Swash

For more details:
Swash Website – swashapp.io
Swash Telegram – @swashapp_group
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Welcome to another episode of our AMA series. Today we are glad to tell you about the AMA session with our friends from HighStreet, the bridge between virtual worlds, real life and web. The AMA took place on August 16 and our guests was Travis Builds.

The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.

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PART 1, INTRODUCTION AND COMMUNITY QUESTIONS

Gold Rocket | Satoshi Club: Hello again, dear Satoshi Club community! We are pleased to announce AMA with HighStreet. Today our guest is Travis Builds.

Travis Builds: Hey guys.

Gold Rocket | Satoshi Club: Let’s start! Introduce yourself please. How did you get to be involved in crypto & HighStreet?

Travis Builds: So the story of HighStreet is a little more interesting, my background is in Computer Science and I met my co-founder in Draper University @San Mateo in 2015 where we founded a traditional equity based VR company called LumiereVR. At Lumiere, we use our computer vision technology to help brands and retail companies turn underutilized real estate into mixed reality experiences. Since our inception we’ve built and picked up a few entities along the way. We have an award winning studio arm backed by Sundance Festival that consistently pushes the boundary of Art and Tech, in fact, last year, my co-founder produced a piece that won an Emmy. In 2018 we also acquired a data analytics company called Retinad Realite Virtulle based in Montreal. Incorporating their gaze tracking software into our metaverse allow brands to receive consumer behavior data in real time. How long a product had been interacted with, how many times a logo’s been seen, every piece of information is natively picked up and processed for brands to help improve their customer experience.

At the same time as the company’s founding back in 2015, I’ve started to invest into Crypto. From BTC and ETH to being one of the earlier buy-ins to the NEO and QTUM ecosystem during the ICO boom. I’ve seen the rise and fall of cycles, re-invested back in during DEFI summer where I got to meet and co-invest with a bunch of great people on our cap table today. As the pandemic aided in the growth of our digital retail business and the NFT craze further edged a lot of our customers into the blockchain space, we rebranded the company as HighStreet and replaced our whole back-end infrastructure with smart contracts.

HighStreet is essentially shopify on an MMORPG game, it allows various brands from HIGH fashion to STREET wear to easily launch their own virtual shops in our metaverse. The game itself is inspired by some of our childhood classics, from Maplestory, Avatar the last airbender, Treasure Planet, and One Piece. From a user’s perspective it should feel just like any other MMORPG game, with monsters to fight, quests to complete, with the only exception that the shops within the world are very much real products from real brands and that it’s built with native VR support.

Gold Rocket | Satoshi Club: Tell us about the benefits of HighStreet. How is it different from others?

Travis Builds: So we’ve built the project from the ground up obviously with a lot of nostalgia in mind but here are some points that we usually highlight as our differentiators. 

1. We are building an MMORPG built from the ground up to support VR natively
2. We are integrating real brands and real products into this world
3. We don’t sell land, but sell real estate in forms of Condos, Villas, even castles
4. Every Product in the game is phygital meaning either you can redeem it for a physical product, or they’re fractional NFTs that allow you to pick either to buy just the digital component or the entire phygital pair
5. Our limited edition product market uses a bonding curve that automates price discovery for new brands as well as guarantees liquidity for buyers.

Andrés M. | Satoshi Club: Which MMORPG inspired you to create High street?

Travis Builds: So I’ve played a lot of Maplestory Growing up, and the idea of the free market there itself was my first intro to commerce I would say. A lot of our colleagues on the team is the same way with a lot of WOW players and early runescape players as well. I’d say all of us are very big fans of open world explorations as well from BOTW to Skyrim, Witcher 3 to Assassin’s Creed. On the Sci-Fi side our big inspiration definitely also come from Ready Player One (the book!) and Sword art online.

Gold Rocket | Satoshi Club: Also we would like to know more about your team. Who is on the project team core?

Travis Builds: So the team’s been working together for over 6 years now since our founding in 2015. Jenny, my co-founder and I met during our time at Draper University, her art background at Sotheby’s and my Tech background made a perfect match in starting a new type of VR company catering to brands. We’re later joined by various other characters as well, from corporates like Mckinsey, to blockchain projects like NEM, from alt asset collectors of the traditional kinds to NFT collectors. The team is approaching40 now rapidly, and over the years it’s become quite diverse. The core values haven’t changed though, all of us are gamers!

https://www.youtube.com/watch?v=wsogJArDhek&t=4s&ab_channel=HighstreetMetaverse Here’s a video of our Crypto Lounge, where heavily inspired by ready player one, users can load up their $high tokens and trade natively in crypto with VR.

Q1 from Telegram User @andrey_seleznov

Hi HighStreet Market!

I am intrigued by the concept of hybrid products that you advertise on the website. Not all will agree that we live our life half online and half in real life. Your market will offer products that are crafted to exist both in physical and virtual form and always come straight from the brands. Do you estimate this approach will work equally well for both crypto holders as well as people who never owned a token? Will such products potentially be able to introduce new users to the crypto space via granting them virtual copies of the physical goods? And lastly, what are the main benefits you consider this hybrid products system brings?

Travis Builds: Hybrid products, or what we tend to refer to as Phygital Products are where we can begin to merge the digital and the physical world together. We primarily have two types of Phygital Products that will be sold on HighStreet.

On our limited edition product market place:

This is based on Ethereum, and when someone makes a purchase they receive an ERC 20 token representing the Product itself. When redeemed this product token is burned and the physical redemption process begins where the Brand will receive an order from their back-end ecommerce system. This market place is geared towards newer brands, perhaps started by influencers. The bonding curve is automating price discovery for them, while guaranteeing liquidity for the buyer. Since all Deposits are stored in a smart contract (besides fees), it makes it easier for newer crypto users to buy with confidence.

Regular products purchased in game:

These are regular items that brands sell regularly, they are tokenized as NFTs and will be on the Solana system. When users purchase these products they are sold in fractions. The first fraction is usually relatively cheap and contains the digital item only that can serve other in-game functions. If a user wants to acquire the physical component, they purchase the other fraction and the redemption process will begin where brands will receive an order from their EC system. The first fraction is essentially pure profit for brands.

Andrés M. | Satoshi Club: Could you share us the most important physical products in the platform? Maybe some pics of it or links to check it.

Travis Builds: So the limited edition product market place will launch a couple days after our public sale (planning for Sept). We will make announcements soon!

Andrés M. | Satoshi Club: Can we redeem weapons, clothes, things like that?

Travis Builds: yes, to all, some products that are real, for example a lipstick from a brand may very well be a sword in the game. By adding special in-game features to real products we can create a better connection between brands and users.

Here’s another clip captured from within a VR headset. Here you can also see a bit of HighStreet City out the window 😉 https://www.youtube.com/watch?v=LnI4_oVLWzA&ab_channel=HighstreetMetaverse

Andrés M. | Satoshi Club: Awesome, which tools are needed to join the world? Oculus rift? HTC vive?

Travis Builds: at the beginning we are supporting PCVR (Quest (2) with Link, Rift, Vive, Index) etc., of course you can opt to play with Keyboard and Mouse as well, but we are hoping to slowly convert everyone into one of us ha! Early next year we’re working a release for companion apps on mobile and browser where you can take a part of the met averse to go. Maybe you’re in-game real estate, you can buy products for and decorate it on your way to work.

here’s another look at a limited edition space lounge that we will be selling soon as well https://www.youtube.com/watch?v=_wmsXFqGQ68&ab_channel=HighstreetMetaverse

Q2 from Telegram User @yellowchamp

According to your website that as we already live our life half online and half in real life. The products on your market are crafted to exist both in physical and virtual form and always come straight from the brands. So as the products on your market are crafted to exist both in physical and virtual form, what would be the difference between the physical and virtual form products especially in terms of quality? Why do you need to sell some virtual form products if the physical form product is available? What will be the use of Virtual form products? How it can be utilized? Does HighStreet has any marketplace where we can access both the physical and virtual product of your platform? As you say that those products are straight from the brands, so can you tell us what kind of products are available in your marketplace for both physical and virtual form? Thank you

Travis Builds: When you get the digital component of the product, your avatar gets to wear/use it in the metaverse. Some products have special features (E.g. Umbrellas that let you fly or glide, pants that let you walk faster), when you redeem for the physical product. The actual umbrella or pair of pants will be shipped to you! Quality wise will be similar to all the footages I’m showing today. I would say selling real products as in game items create the value of the digital products. If the Product themselves is just a 3D representation of the physical product, then there would not be a point to it. Hence why we do have an entire game behind HighStreet!

Andrés M. | Satoshi Club: What payment methods do you accept?

Travis Builds: At the beginning we support ETH/DAI/$HIGH, eventually, it will migrate to purely $HIGH. We do have on-ramp integration so credit card for items < $500 will also be supported.

Furthermore, for the brands, when certain physical products are tied into a game, you augment the utility this product can provide. A shirt is a shirt in real life, but in game a shirt can be a piece of armor. By Selling phygital products as fractional nfts where the first fraction is digital, you open up a new stream of revenue for the brands that hasn’t been explored prior.

Andrés M. | Satoshi Club: I think that is great for collectors to have a unique edition of their favorite item.

Travis Builds: I would say there are different ways to look at it, the digital collection era definitely helped ushered in a lot of people who collect digital arts and nfts. I think for limited edition products especially this could be super valuable. However, I do know a lot of people still, especially those who are a bit foreign to the crypto culture, tend to still prefer physical products. Hence why we make all our items redeemable.

Q3 from Telegram User @victorogb

HighStreet which is a rebrand of Luminiere VR and the first commerce-centered Metaverse, recently launched on BullPerks; August 14th 2021. HighStreet hopes that it’s launch which runs till Wednesday 18th August 2021, will open its futuristic marketplace to users satisfying their gaming, shopping and commercial desires. As a matter of investor and shopper preferences, can you carefully provide us details of your current BullPerks event, why did HighStreet choose BullPerks as its preferred launch platform, and what are the added incentives from members of both communities, and what sort of partnerships would HighStreet consider as project develops?

Travis Builds: BullPerk to me is a really innovative project lead by very experienced people. They are a decentralized VC that distributes the allocation provided to them to their community. The tokens purchased there are locked up the same way our institutional investors are. This provides confidence to me as a founder because with more investors sharing the allocation, its less likely they will all dump at the same time. So to clarify this is not a public sale like those on Polkastarter and Miso. we are working on partnerships beyond brands for sure!

HighStreet consists of many islands each owned and run by brand or partners.

Here’s a quick mockup for example of an island we’re building with FlamingoDAO. each island will have residential areas; each island will allow for brands to launch stores onto. Residences of each island will also have special privileges granted by the Island owners, so lots of opportunities to play to earn.

Here’s our concept of Republic City on Realm Island.

Andrés M. | Satoshi Club: Wow, a big world.

Travis Builds: it will constantly expand as well! We are working with a few game companies as well to build in portals from islands that will connect to other game worlds. But that is a very difficult technical challenge. So aiming maybe for the first bridge to open end of year next year.

Gold Rocket | Satoshi Club: I never cease to be amazed at how deep your project is.

Travis Builds: Ha-ha It’s been a dream of the team, and a work in progress bit by bit over the past 6 years. Every brand we work with; we essentially build a little piece of the metaverse along with it.

The way users move about from island to island uses solar/steam ships. From individual sized ones like this one to full own battleships. They all fly!

Gold Rocket | Satoshi Club: Are you personally the owner of a portion of the metaverse?

Travis Builds: Umm I think this is a bit of a tricky question, our metaverse differentiates from some of the other projects by being a bit more centralized to begin with. That’s because in order to maintain a level of quality we have to build professionally generated assets. However, down the road 3D modelers for example can propose to have a new statue or art integrated on an island, and the residences of that island can vote to either have it included or not.

So in general, although our core team has a lot of control over the metaverse at the moment from bringing in brands, crafting islands, and building cities. Eventually it should transition into being in the control of our users adn residences.

Q4 from Telegram User @bigboicity12

Virtual reality is really a “replanted land” with more applications and better development in different fields and industries of society. Highstreetworld is building virtual technology (VR) for Artists, Gamers, crypto enthusiasts. Currently NFT and GameFi are growing very fast, will Highstreetworld face any barriers when entering this market? What is your plan to exploit the full potential of the market? I don’t know if the Highstreetworld platform is exclusively for gamers? What about non-gamer users? Can they still generate income even without playing your game? If so, what are the other possible ways?

Travis Builds: Yes, VR is a new opportunity for a lot of traditional industries. For Retail, it allows the creativity of brands to sing once again without the constraints of physics or expensive building costs, bringing the joy of brand discovery and shopping as an adventure back to a world dominated by fast E-commerce checkouts.  We are absolutely involved with the NFT and GameFi industry, we have a proof of play mechanism that allow players to earn $HIGH tokens by completing daily quests, we have sponsored quests from brands that allow players to complete certain branded tasks to earn even more tokens, and of course our real estate components are another method for both brand partners and users to earn more by playing!

Regarding non-game users, you can simply buy and sell products on our market place on the browser to make money! If you buy limited edition products, it’s a really easy bet, if one more person buys the product after you, you would’ve made money in theory ha! We also have mobile companion apps coming out for those who don’t have a PC, this not only allow non-core players to provide more content for actual VR users, but also potentially serve as a gateway into our world that will convince them to one day buy a PC Rig.

Andrés M. | Satoshi Club: Thanks for the answer, after proceed with the next question I would like to ask if there are more ways to buy $HIGH tokens?

Travis Builds: There are plenty of ways to earn $High tokens, obviously the exchange is one place! Otherwise:

1. Fight monsters and earn $HIGH from their drops like any open world game.
2. Complete Daily Quests to earn stable amount of $HIGH every day.
3. Sponsored & Special Event Quests – Brands can sponsor quests as well that challenge the community as a whole.
4. Brand activations may pay-out in $HIGH tokens as well, find HighStreet Theaters located in any city to see what is available for watch-to-earn ads.
5. Treasure Hunts are available on $HIGHSTREET as well where the whole community can compete in a game wide treasure hunt. Form parties or compete solo, more to be revealed later.
6. Combat Arenas can allow PVP wagers. Challenge your friend to an archery dual by committing $HIGH Tokens ahead of time. Winner Takes All.

Gold Rocket | Satoshi Club: To be honest, I have not seen such Marketplaces yet. When is the release? When can I put mine on vr glasses and buy something?

Travis Builds: We are starting Alpha this week with early signups and users! I will send video update later today in this chat as well! We just have to record some footages. The goal is to transition to public alpha later this year, and in November try to open for beta. Metaverse is hard! So we are launching the limited edition market place first to slowly ease people into the world.

Q5 from Telegram User @Billz120

On Whale Alert – you did say that you have Incorporated two main forms of defense, the first being by means of the reserve ratio, the higher the reserve ratio between Reserve Token Balance and Product will lower the price sensitivity, this means depending on the product and can tweak the reserve ratio to ensure drastic price swings don’t occur? The second being by means of KYC, which you did said you understand may be a hotly debated issue, and as of now you people have no other means of limiting the amount of the same product each individual can buy, hence open for community suggestions. Does this not mean that the system is vulnerable here and in which case the community would be badly affected? And do you intend to fix this?

Travis Builds: This is a really good question; we have been talking about this internally for a long time. This question is regarding specifically to the limited edition product place. Based on the brand we take in a couple metrics to generate a custom bonding curve. Initial Price and Max supply is the obvious, however the slope of the curve is also determined by the brand. Some brand may want more redemptions and products being delivered to the users’ hands, others may want to have full speculation and see the price go to the moon in a similar fashion to unstocks. For us although we let the brands decide we generally would put a dampener on the pricing function so that the price increase wouldn’t be too drastic. However, no matter what happens buyers will always still have liquidity and can sell no matter what. Our fear is for someone to come in and buy up a bunch of products at once and driving the price up so grass root users cannot afford the item anymore. Hence the KYC measures being put in place. However, I think this is something we have to really experiment with as we ramp up product listing. It may very well be as simple as   limiting products to one per wallet, however if we still see the same issue persist, we may enforce KYC on users. The team wants to provide a fair and fun experience for every buyer, so you can absolutely count on us to be prioritizing the community here.

Q6 from Telegram User @mm_carlos

NFT’s secondary markets like StockX are plagued with logistics overheads. Once a buyer is found, I as a seller, must guarantee the delivery of the product and its authenticity, do these types of cases also occur within highstreet or are your policies different? How does highstreet’s logistics overhead work?

Travis Builds: ha! So this is the exact problem that Highstreet’s limited edition product market solves.

When a user buyer a product on highstreet they get an ERC20 token. That token can be held for when the price goes up and then sold to arbitrage the difference, or it could be redeemed and burned for the physical product. This way traders are only handling the token and not the product itself and can sell that token back to the market at any time he/she wants. The collector on the other hand is the only person who needs to touch the product, and they will always receive it direct from brand, so this way there’s no need for authentication from middle-parties. The bonding curve amm essentially merged the traditional primary and secondary market together removing the logistical nightmares from traders.

However once a product is redeemed, it leaves HighStreet market, and whatever the user does with the physical product is up to them. It may very well end up on stockX or maybe framed and sold as an NFT with Sotheby’s.

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PART 2, TELEGRAM COMMUNITY LIVE QUESTIONS

The chat was open for 120 seconds; a lot of questions were posted by Satoshi Club community. Our guest chose some of them.

Q1 from Telegram user Ross

Highstreet.Market is a market place for redeemable limited edition products. The idea of tokens for limited edition products was born with $SOCKS in 2019, and though it is an initiative that would result attractive for even the biggest brands worldwide, is unknown for all of them yet. So as a marketplace specifically for these kind of tokens, who would be the market of High street market right now? Also, the main goal of course is to get huge companies to use these tokens to release their limited edition products, so what is your plan to contact them and develop an effective marketing?

Travis Builds: Highstreet’s limited edition market place is indeed inspired by $SOCKS. Although we work with a lot of luxury brands as mentioned in other answers, this particular market place is actually more suited for newer influencer lead brands. Whereas an established brand may use this as a one-off launch collaboration with an artist, for someone who is new to the apparel business or any business, knowing where your product is priced and valued at is crucial. Lots of influencers are great at building hype but not necessarily good at monetizing it, using the AMM solution we create an automated price discovery mechanism from them. We have a lot of friends in this space, from ASAP Lou of the ASAP Mob who’s starting his Cozy Boys brand, to Jaeson Ma of triller and 88rising, who’s an active advisor to our project.

Q2 from Telegram user Astle

Why do You Bonding Curves Formula is getting Popular is Crypto space? How does Highstreets Solves Logistical & Liquidity problem by using Bonding Curves?

Travis Builds: Bonding curves took off in defi because it removed the middle-man in an exchange. However there are tons of issues with things like “impermanent loss” and slippage, on HighStreet, we actually put deposits from purchases into a vault so that there is always liquidity for sellers as we move up and down the bonding curve. When you sell the liquidity comes straight from the vault. Of course when someone redeems, the vault also pays the brands.

Q3 from Telegram user Rimjhim

How does HighStreet Guarantee the Authencity of any Products? How will you try to provide 24/7 customer support?

Travis Builds: I’m assuming this is from the video. We Guarantee authenticity because products that are redeemed are shipped directly from brands. 24/7 customer support is a way to communicate the bonding curve’s amm to non-crypto natives. We don’t have a middle man making markets for you, if you want to sell, the market will automatically take care of you.

Q4 from Telegram user Alex B

Which one of these aspects is important for you?

1. 1.Increasing Token Price & Value
2. 2.Empowering Platform Development
3. 3.Building Community Trust
4. 4.Expanding Partnership Globally 

Travis Builds: Right now definitely empowering platform development, we want to make sure we can deliver the best products to our community at launch. So we are releasing in phases. Phase 1 is alpha for testers of the metaverse, and the limited edition market place for the public. Then followed by a gradual ramp up of products sold as well as a transition to beta.

Q5 from Telegram user Mars Crypto Community

There are too many thieves who want to scam investors by creating fake Crypto projects. Hundreds of projects are viewed with suspicion because of these fraudsters. How can you, potential Investors, resolve doubts about your project and team?

Travis Builds: We’ve been in business for 6 years and are very public with ourselves. The company was known as LumiereVR before we rebranded to HighStreet this year. Anyone can look up our team and track record!

Q6 from Telegram User Lucky Boy

Can you List 1-3 Killer features of your PROJECT that makes it ahead of Competitors? What is the Competitive Advantages your platform Has that you Feel most Confident about??

Travis Builds: First: Real brands and real products in an MMORPG Game.

Second: Limited edition products sold on a bonding curve, eliminating logistical issues, guaranteeing liquidity, while automating price discovery for new brands

Third: Built from the ground up to support VR natively.

Q7 from Telegram User Gem Lover

Is your project backed up by any investors or ventures? who are your strategic partners and do you have enough funds?

Travis Builds: Yes! We are super fortunate enough to have had a ton of support on our journey from both Traditional and Crypto investors. From HTC on the VR side giving us that major hardware support since the early days of VR, to funds like Mechanism and NGC who provide support on the tokenomics side. We are really humbled to have so many great industry leaders who share the same vision and perhaps childhood nostalgia of living in a fantasy or game world. Our traditional investors like Cherubic Ventures and Palmdrive Capital also play a quintessential role in helping us expand our communities beyond just crypto natives. Their almost daily introductions to leading luxury brands and celebrities alike help us close the gap between crypto and non-crypto users by enhancing our onboarding and user experience design

Q8 from Telegram user Alice

Since the tokens from the marketplace represent redeemable limited edition products, how is it ensured that no token or product can be plagiated and therefore no user can be scammed? What gives the tokens the mark of being original and not replicable?

Travis Builds: Tokens are erc20 tokens kept on the HighStreet Market exchange with a unique ticker. They have zero value elsewhere. The system currently is invite only, so we onboard brands manually. In the future if we transition to a permisionless system, sellers/merchants will have to authenticate themselves via Instagram and other KYC means as well as stake our tokens in order to be allowed to sell. We need to make sure all sellers have the ability to deliver physical products.

Q9 from Telegram user Alex Carry

Given that only a small percentage of gamers use cryptocurrency, how will you integrate gamers who are unfamiliar with cryptocurrency in your platform so that you can reach a wider audience in the GAMING and cryptocurrency Industries?

Travis Builds: This has been one of the biggest questions we ask ourselves too! We built a community on telegram without token giveaways, before this week we’ve been only giving away gaming products and VR products like haptic feedback suits and high-end Headsets. For gamers they don’t need to be very familiar with crypto to play, $HIGH works as any other in-game currency and can be obtained by simply playing the game. We hope as they progress in the game they can slowly explore the crypto aspects of the game’s backend and get into this industry bit by bit.

Q10 from Telegram user Einstein

Usually a project will have feature for buyback & burn to up value for the token, I want to know more about High Street burn system, how the burn work, what possible to trigger burn inside your project?

Travis Builds: We have a 30% pool in which tokens are delivered to users playing the game via Proof-Of-Play. Tokens need to be spent everywhere in game, to maintain your real estate costs $HIGH (a bit like management fees in a condo), to repair your ship after dying and respawning back to the city will cost $HIGH, all of these are sources of burns. Furthermore, we do charge brands for various integrations from Consumer Insights analytics to sponsoring quests, these fees are used for token buy-backs.

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PART 3, QUIZ AND INFO

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about HighStreet. A link to a Quiz form was sent into the chat. Participants had 10 minutes to answer. 300$ were distributed between the winners.

For more information and future AMAs, join our Social Media channels:

• English Telegram group: https://t.me/Satoshi_club
• Russian Telegram group: https://t.me/satoshi_club_ru
• Spanish Telegram group: https://t.me/satoshi_club_spanish
• Telegram Channel: https://t.me/satoshi_club_channel
• Website: https://esatoshi.club/
• Twitter: https://twitter.com/esatoshiclub 

Our Partners:

HighStreet Chat https://t.me/highstreetworld  

HighStreet Twitter https://twitter.com/highstreetworld

We are pleased to announce our next AMA on August 23rd 2021 at 03:00 PM UTC Time: Satoshi Club x Kaby Arena

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Kaby Arena 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. Kaby Arena Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Kaby Arena

For more details:
Kaby Arena Website – kabyarena.com
Kaby Arena Telegram – @KabyArena
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on August 21st 2021 at 01:00 PM UTC Time: Satoshi Club x Rich Duck

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Rich Duck 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. Rich Duck Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Rich Duck

For more details:
Rich Duck Website – richduck.io
Rich Duck Telegram – @Richduck_global
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on August 22nd 2021 at 03:00 PM UTC Time: Satoshi Club x Predator

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Predator 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. Predator Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Predator

For more details:
Predator Website – predatortoken.org
Predator Telegram – @predatortoken_PRED
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on August 20th 2021 at 03:00 PM UTC Time: Satoshi Club x Alchemy

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Alchemy 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. Alchemy Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Alchemy

For more details:
Alchemy Website – alchemytech.io
Alchemy Telegram – @alchemy_official
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish