AMA Satoshi Club x LoudNFT, September 12th

We are pleased to announce our next AMA on September 12th 2021 at 01:00 PM UTC Time: Satoshi Club x LoudNFT

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

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

Part 3: 300$ – A quiz about LoudNFT

For more details:
LoudNFT Website – loudnft.co
LoudNFT Telegram – @LoudMarket
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Posted in Uncategorized

69 thoughts on “AMA Satoshi Club x LoudNFT, September 12th

  1. I read that within the Loud Market platform, artists can include a “Royalty fee” guaranteeing them a percentage of all future sales. What are the requirements for them to include the “Royalty fee”? Can you explain a little more about this fee? Does it have an expiration date? How much does the artist have to pay to be able to include it? Will that percentage of future sales stay the same or will it vary over time?

  2. Your project has a goal to empower musicians and artists. You have emphasized that artists can keep 100% of their revenue by using LOUD. Although this concept is great, what is your policy on reselling? For example, I can buy some NFTs from artists and resell them on LOUD to earn a decent profit. In that kind of situation, you have not achieved your goal of empowering artists. Do you encourage this type of reselling? If no, how do you identify the original artists and original works? Please explain about the steps you have taken for the betterment of musicians and artists.

  3. You have indicated that your NFT marketplace has no fees. Is this 0% fee applicable only when we buy or sell NFTs with $LOUD? If you do not charge a fee for any buying or selling activity, how do you generate a profit from the NFT marketplace? Have you lauched the LOUD NFT Marketplace with the sole purpose of rendering a service to the artists? Don’t you expect financial benefits? Although your concept is great, will there be a negative impact on the value of $LOUD when you are not generating profits from the marketplace? Can this be a red light for investors?

  4. You are currently working on the design and planning phase of the v2 build. When will the v2 build end? I saw your website development / coding will start soon. Version 2 has QTA 2021 ETA. When will it start?

  5. Your target is to raise 1000 BNB in the presale. However, you still have 1.5K members in your Telegram group. All members will not invest in your project. Therefore, do you think that your target is achievable? To be successful, a project needs a huge community support. What are your plans to expand the LOUD community? Can we expect that your project will grab the attention of the global community and achieve more targets in the future?

  6. Looking at your website you have indicated that the idea that there is no fee in your NFT marketplace is great. I welcome but my question is 0% fee is applicable only when someone buys or sells NFTs with that LOUD? I want to know about Pre-Sale. When and where it’ll Start? If it’s possible then Please Share you Pre-sale.

  7. On your website it says that your presale is coming soon! What information do you have so far about the presale? What details can you share with us? On which platform will the pre-sale of the LOUD token take place? In what month will it take place? Do you plan to prioritize users through a whitelist? When will more details regarding this presale be announced? Will it be open to all users or only to users previously registered in the whitelist?

  8. Your presale is on the 20th September 2021 and you have already invested over $7k in marketing and have even more plans to come.My question is,Where will your presale hold and what will be the lowest limit/highest limit one can purchase $LOUD token?Can you also share the soft/hard cap of your token?Is your Presale,private or public?While going through your Tokenomics,you didn’t allocate any % to your Presale,why is that?How can we participate in it and can tell us the others plans you have aside your presale?Will you have any whitelist,if yes kindly share the procedures?Thanks

  9. I read that your presale is coming on September 20th. Did you have a whitelisting process? Would I still be able to participate today? What are you planning to achieve during the presale? Is it all automated or will users have to wait before receiving their tokens? Can they be put immediately to use? What are its main use cases?

  10. NFT Marketplaces are so abundant nowadays. Would you tell us how do you plan to stand out from the crowd? What are some features that are unique to your project and indispensable to NFT creators and buyers alike? How does Loud Market bring solutions and innovation to the NFT spaces?

  11. The Loud Market has a tax system put in place to directly increase the value of $LOUD and reward holders. This Inbuilt tax system is said to be a highly advanced algorithm that combats price dips, thus helping to initiate the post-dip growth. How is this tax system implemented and how does it combat price dips? How is this tax system generally structured to initiate post dip growth to increase the value of $LOUD and reward holders? Thank you.

  12. Hi LOUD team! I am interested in knowing more about the LOUD token pre-sale … how long until it takes place? Will it take place on a single platform or on multiple platforms? What will be the initial price of the LOUD token in the presale? How much will be the allocation of the LOUD token for the presale? How much will be the maximum amount of tokens that each user can buy? Thank you so much!

  13. NFTs can be listed at a single sale price or sold through auction. While the Built-in Royalty features allows artists to include a “Royalty fee” guaranteeing them a percentage of all future sales. Can you explain how this Built-in Royalty features works in your ecosystem? How much royalty fee is required by artist? What percentage of all future sales will artist get? Finally how will this percentage of all future sales be payed to artist? Thank you.

  14. On your Website, there are currently only about Four Featured Artists; Sultan Den Første, J P ROSE, Si Moon, and Wulfking…. so how do artists get featured on your platform, what are the requirements, what do you look at and what process do artists who intend to get featured on your platform undergo..

  15. It is stated that Loud has an Inbuilt highly advanced algorithm that combats price dips by issuing buys and burns, How does this advanced Algorithm work, How is it being implemented in LOUD, what activities or functions does this advanced algorithm do or is this advanced algorithm limited to only the issue of Buys and burns…

  16. It is said that Loud will raise revenue for marketing, development and exchange listings by selling the dedicated teams fund (tokens) over a period of time… Why do you have to sell the dedicated teams funds, what about the 2.5 Million tokens dedicated for Marketing and the 7.5 Million tokens dedicated for Company Expenses, will these allocations not be enough, at what rate will the dedicated team Funds be sold and under what condition will you sell them.. If the Dedicated Teams Fund will also be sold for marketing and Development, how then will your team be compensated..

  17. Loud Market offers Artists 0% Fees on NFT Sales using $LOUD token, while on the other hand artist may also choose to sell their work in other mainstream cryptocurrencies at a flat 6.5% fee. Which mainstream cryptocurrency will be accepted for this transaction in your platform? How will the 6.5% transaction fee be utilised in your platform? Will this

  18. Many music artist are taken advantage,88% if it has increased goes to non-artists,once everyone gets their cut,the artist themselves are left with very little and some of the challenges faced by musicians is poor marketing with content and copy right issues,what have you put in place to ensure that any copied items of this musicians will be easily identify?What methods have you in place for artists to seize back control and to truly monetize their worth?What Technology have you also put in place for them interact with who they want,when they want,what they want without worrying about being taken advantage of?

  19. While going through your project I noticed you have no collaboration or partnership with any companies or brands.My question is,are your partners anonymous or you haven’t made any partnership with any one yet?Are you making plans for that,because to gain trust from potential investors aside from security we also look at projects that has good partners to support their project.So where will you target to have Partnership with,will it be from the media industry or blockchain world? Thanks

  20. Greetings LoudNFT I need to start on your project but where to start my question is: where do I get the LOUD tokens? And what is your recommendation to give the best use to the token? What is the function of the LoudNFT token in the project? It is necessary to have LOUD, to be able to buy NFT in the Loud market, what is the commission rate when buying NFT with the LOUD tokens, how can this benefit the project, what would be the LoudNFT strategy by having a 0% rate? Could you explain these points to us to better understand and make the best use of the LOUD token, thank you

  21. What are the differences between version V1.0 and V2.0, it is really necessary to update, do you consider that this platform can really incorporate new artists of medium-low level is that they have not been able to integrate into the musical space, it will be that Will the musical NFTs come to dominate this market like the collectible tokens and other Nft styles that have dominated the entire art market?

  22. What will your presale at DXSale be for and what will be your guidelines and expectations and milestones that you hope to achieve? what is your strategy to attract and attract new artists, what new use cases do you plan to bring to Loud, what do you consider to be the reasons why the NFT trade has increased dramatically in the last few months?

  23. It is really admirable that in Loud they grant artists who use their market to keep 100% of their income, but what benefits does Loud receive for these activities, such as, how will it obtain the necessary funds for maintenance and related matters of the platform? Only music artists can participate in the Loud or can artists and creators of other styles be integrated?

  24. LoudNFT, tells the community, zero fees, happy artists, but how to achieve that goal of zero fees it is possible that LoudNFT, get the artist to keep 100% of the profits if they use their market, and not charge fees to the use the LOUD token? How to understand this function, can you give us more details about this function? There is some strategy so that LoudNFT, to be able to stay, where they will be able to raise the investment funds, these rates will be applied to the purchase and sale of NFT. And how sure is it that the project works with the method you plan to use? You can explain us a little better.

  25. LoudNFT is created with the purpose of empowering and assisting musicians and artists. As part of this, you offer Agent services to artists and also help them in areas of Marketing and Proposals. Since such services are vital expecially in the entertainment industry, can you clearly explain how LoudNFT will the assume the role of Agents, what do these musicians and artists tend to derive from your services as agents, is there a premium fee payable by these entertainers in order to enjoy such services, and how does LoudNFT comprehensively oversee all marketing and proposals for these professionals?

  26. LoudNFT, at the moment I see that the platform is its BETA v1.0 version, my question is the following: do you have another phase for the BETA version or will you go directly to an ALPHA version, will you have more updates and when will it be? I see that there is no exchange listing, do you plan to launch the listing in 2021? What we see on the page are all the functions or do you plan to expand further? LoudNFT account with an application, in order to access the content and have it on hand, you can give us more details of what is coming for the end of this year.

  27. It’s really interesting to see how you have combined music, entertainment and NFTs, thereby empowering musicians and giving them a platform to freely express their art while creating an income source for themselves. However, since musicians are given exclusive right and royalties to their content sales on your marketplace, how does LoudNFT make a reasonable profit from services offered on it’s platform, what is the overall economic model adopted by LoudNFT, and since you offer zero fees to artists, giving them 100% access to revenue, how would you account for the running cost and sustainability of your platform?

  28. LoudNFT plans to organise Music Industry Expos and Record Label partnerships within the periods of Q4 2021 to Q1 2022. Can you kindly elaborate on these planned event and partnerships, how will these Expos be organised, what will musicians and artists tend to gain from your Musical Expos, will this Expositions be a regular schedule of the LoudNFT project? Also, as you plan to enter into record label partnerships, how will this further improve the services you provide, and what region(s) of the world will you look to establish your alliances with these Record Labels?

  29. An attractive feature from your platform is that you promote a job with zero fees for artists, which is great! But if you don’t charge commissions on marketplace transactions, can you then tell us about how the economic model of the platform works? On what actions do take place the collection of fees and how do you distribute them?

  30. On your website you mention a built-in royalty features, can you tell us if there will be a classification or reputation ranking on your platform? What are these royalty features benefits?

  31. What best strategy are you making use of in promoting mass adoption? Where do you see the project in the long run? What percentage of your users will be indigènes or foreigners?

  32. Does project have any plan to educate and reach non-English local communities to help them understand about your project easily? Does your project have plan to support more languages in future?

  33. What mechanism is in place to cut data costs on project by over 50% and give resellers 90% profit? And please talk about the security of the users from hackers?

  34. I see a lot of interest in the subject of fees but very little is said about the rights of artists over their content, can you tell us what actions on your platform seek to promote copyright protection? How do you plan to avoid plagiarism, copying and falsification of content that could be monetized? Do you do some kind of KYC to the artists involved?

  35. One of the fundamental aspects for a new project is the adoption of adequate marketing strategies according to the moment, I see that in your roadmap it is not yet a task developed by the project, what have taken you so long to start spreading the benefits of your project? How do you plan to achieve a greater reach? Maybe you can hold events or airdrops?

  36. I read in your roadmap that you are planning to rent offices in London. Why in London specifically? Is there a specific reason behind that? Do you plan to expand your offices to other cities in the world soon? Besides Europe, in which other continent do you plan to rent offices?

  37. I read that Loud Market is going to launch a version 2.0 of the platform soon. Why did you decide to launch a version 2.0? Why do you think version 1.0 needs to be updated? How is the development process going right now? When will version 2.0 be released and what will be the main focus of this new version? What are the most notable changes that it will bring to the platform?

  38. LoudNFT Market directly focused on Musicians & Artists in order to Spread out the their NFT marketplace in Binance ecosystem. What are the relevant Strategies & User incentives, Will you deliver to your NFT marketplace with Combining Music Industry & Blockchain field? You have mentioned that Musicians can host sales & auctions to sell their Music NFTs through LoudNFT market. And also I saw, That you will not incur any fees on NFT sales. Is it true? But what about the NFT minting process, Will you Mint Artist’s NFTs freely? Can you tell about the auction procedure, that involves in LoudNFT market? What about the NFT evaluation process, How will you decide a fair price for both of Artists & buyers? Or Will the price of NFTs be evaluated by the Artists on their own? What will be the initial range of price of Music NFTs in LoudNFT market?

  39. LoudNFT Market is under Beta version Currently & I have already visited your Beta Version. It’s amazing since It includes Live Auctions, Top NFT sales with Consolable prices like 0.15 BNB. Is your Beta version secure enough to do major works such as NFTs Minting, transactions on trading etc..? So Can you tell me, How many artists, are there that use LoudNFT Beta verison currently to Sell their Music Works? When will you launch LoudNFT Market mainnet? In which way will you facilitate Music NFT artists & buyers after your mainnet launch, resolving the issues if they exist in Beta version?

  40. With 100 million of $LOUD total supply, tou generated $LOUD token on Binance Smart Chain. In here, you have already allocated 7.5 million of $LOUD for Company Expenses & 2.5 Million of $LOUD for Marketing. So What about other 90 million of $LOUD tokens, Will all of them be Sold on DxSale? You said that $LOUD token Contract is a Custom Written Contract. Does this mean that your total supply of $LOUD is a unlimited supply? You have not deployed a initial token burning even though Most succeeded project have followed initial burnings. Why Is that? How will you control the inflation rate & mitigate the price reductions of $LOUD tokens without a initial burning mechanism? Also You incur a 6% transaction tax on every trading. What are the purposes of this transaction tax? Will you use them utmostly as much as you Can?

  41. As I was going through your Website I found that in “QUARTER 4-1 / 2021-22 . You are planning to launch the V2 BETA AND
    ALPHA version of LOUDNFT . Can you tell us what different features we can expect to see in this version and What was the Major Flaws in the V1.0 of the LOUDNFT due to which you have launched this Second Version . What is the Current status of V2.0 and when Can we expect the Complete launch ?

  42. As Reading from your LitePaper I Could find out that you have introduced Various Types of Tax System like “Redistribution Tax , “Liquidity Pool Tax” etc . Can you brief us more about these taxes and Is this taxes go to the project development or you have some different plans. Lastly I found that you have mentioned about “SMARTMATH WALLET” . Can you tell us what role does it play in the LOUDNFT platform and what was the main purpose of this Wallet ?

  43. Two of the interesting features of Loud NFT are the 0% Fees on NFT Sales and the Built-in Royalty features. So,why do you decide to give 0% fees on NFT Sale? If you give 0% fees on NFT sale,how will your platform earned from NFT sale? What is the essence of selling NFT if you don’t charge anything? With your Built-in Royalty features,can you explain more about this feature of your platform? What kind of Built-in Royalty features that will be rewarded or be given as incentives to the Loud NFT creators? How would be this Built-in Royalty be accumulated and be claimed by your NFT creators? Thank you

  44. On your roadmap Q4 2021,you plan to rent offices in London and also you plan to have Music Industry Expos. So,why did you choose to rent offices in London? Does your target market is mostly from London or is your business is based on London? What significant advantage you see while renting office in London? Aside from London,which is your next target place to rent an office as your expansion? As you plan to have a Music Industry Expo,which location you are eyeing to held this event and why? What will be the proceeds and purpose of this Music Industry Expo? Do you have any collaboration to make this event become successful?If yes,who would it be? Thank you

  45. You target to launch LoudNFT Presale on Dxsale. Could you please give us a sneak peek about your upcoming Presale? How will users Participate on this Presale? Will there be whitelist competition to take a presale allocation along with this Presale? Most of Projects will do KYC in Presales to provide transparency & security. Will you also make KYC compulsory regarding this presale event? How much will be the price of a $LOUD token? What will be your hardCap & Softcap in this Presale? How much amount, Should you provide funds as initial liquidity on Dxsale?

  46. I heard that a British Company, called LoudMarketLTD is behind the LoudNFT Project. Can you give us more details about Loud Market LTD because there is no much information regarding that Company in Google? Are all the funds & investments provided by Loud Market LTD Or Will you have enough funds through your Fundraising events? Will Loud Market LTD interfere on decision making in LoudNFT Project in future just like a Centralized NFT marketplace?

  47. So far, Four Music NFT Artists have been introduced & Verified by LoudNFT Project & another two artists to be announced soon. How do you verify these Musicians, Is there any protocal to verify them before onboarding to LoudNFT Project? What are the extra advantages, Will you offer to them to be more incentivized within LoudNFT Project? What are the differences of being a Music NFT artist in LoudNFT Project rather than the other Music NFT platforms? When will you focus on top class Musicians like Anna Marie, Sean Paul etc..?

  48. Loud Market’s NFT marketplace wants to empower musician and artists by assisting them in selling their works as NFT directly to their fans. With this, content creators will be able to control price of their contents. Does this mean that artist can decide to place any pricing on their documents? How much do you tax for every content placed and how much fees is cut from creators when they sell their creations? And since you said that $LOUD will gain its value by being the cheapest way to purchase audio in your marketplace, does this implies that your marketplace will support the trading of audio contents using many currency but purchase that is done through $LOUD will be cheapest? If so, in what other currency will users be able to purchase audio NFT in your marketplace?

  49. One of the ways of getting investment funds for $LOUD is through ICO. Can you share with us how much you want to raise through ICO.
    And when is the presale going to commence since it is part of the activities in Q3-4 of your roadmap

  50. One of the sources of income for artists is the “Royalty fee”. Artists can include a “Royalty fee” guaranteeing them a percentage of all future sales. And how is the “Royalty fee” established, what does it depend on and how is it paid? Can all artists set a “Royalty fee”?

  51. What’s royalty fee and how royalty fee will help Artist? How did loud market expand and help Artist around the globe?

  52. Do you think you can create “LOUD”, which is a different ambiance like your name in this crypto market? Do you want a preliminary preparation like a certain collateral when holding auctions? What will be the valid currency on your platform?

  53. On your website, in the “Artists” section, I noticed that all the artists represented there are verified. How exactly do they go through the verification process, what data do they provide and what conditions do they have to fulfill? I also noticed that not all of the artists presented have their personal photo. This is not a prerequisite, does the artist have the right to remain anonymous?

  54. Nowadays, NFT is a hot topic and many NFT marketplace projects are being started. What features and differences does LOUDNFT plan to stand out from other NFT marketplace projects? What is your favorite and distinctive feature of the LOUDNFT project? What’s wrong with LOUDNFT, which isn’t one of the other NFT marketplace projects?

  55. What did you aim for when creating your project, that is, what problems, negativities and shortcomings did you notice in the market and you decided to create LOUDNFT? Is your project progressing as you expected? I noticed the “Copyrights” issue in your project, how will the pricing be, will it create an extra burden for the artists?

  56. The purpose of your project is to combine music that is important for the entertainment industry, entertainment for people and NFT for community progress, but how do you intend to support the artists that are important to you? What is the income model of your platform, especially what will LOUDNFT profit from and keep the project afloat? Do you have existing partnerships, if so, can you talk about it?

  57. Why did your project not have V1.0 and needed a new update? What differences and features are waiting for us users in V2.0? When will V2.0 be released?

  58. $LOUD is the Binance Smart Chain (BSC) Token created to support the NFT Marketplace of Loud Market. This platform was created to assist musicians and artists in instantly selling their work as NFTs at fair prices with no hidden fees! Your platform allows artists to promote their work while also generating additional revenue in the form of instant cryptocurrency payments. My question is, how would LOUD choose artists to assist their work in becoming an NFT? What are your selection criteria? Is your platform open to both amateur and professional artists?
    Thank you!

  59. Which blockchain network did the LOUDNFT platform choose to integrate into? Can you share your reasons with us? Due to the size of the NFT market, are you considering running your project with more than one blockchain network?

  60. $LOUD is the Binance Smart Chain (BSC) Token created to support the NFT Marketplace of Loud Market. Could you please tell us about the features of the Loud NFT marketplace? Do you provide NFT minting services? Can I use my Metamask wallet or trustwallet to make an NFT purchase in your marketplace?

  61. Communities in the market can bring not only different ideas to projects, but also large partnerships. What does community mean for the LOUDNFT platform? What are you doing to attract artists from different regions and those who do not speak English to your project? Do you have current partners and do you plan to establish large partnerships in the future?

  62. My question is from James that
    The Loud Market has a tax system put in place to directly increase the value of $LOUD and reward holders. This Inbuilt tax system is said to be a highly advanced algorithm that combats price dips, thus helping to initiate the post-dip growth

  63. Hi, can please tell me that you are from music side, so infuture do you have any plan to make outdoor show about your token.?

  64. What are the use case of LoudNft
    How do you plan on combining artists, record labels and co with the nft market…
    Would artists have to use $Loud to transact on the loud market? Or you guys create an app like “Apple Music “ where people who want to listen to their music would need to use $Loud to pay ?

  65. Can we expect that your project will grab the attention of the global community and achieve more targets in the future?

  66. Do you plan to prioritize users through a whitelist? When will more details regarding this presale be announced? Will it be open to all users or only to users previously registered in the whitelist?

  67. How do you plan on combining artists, record labels and co with the nft market…
    Would artists have to use $Loud to transact on the loud market? Or people who want to listen to their music would need to use $Loud ?

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