AMA Satoshi Club x Bolly Heroes, September 18th

We are pleased to announce our next AMA on September 18th 2021 at 03:00 PM UTC Time: Satoshi Club x Bolly Heroes

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

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

Part 3: 300$ – A quiz about Bolly Heroes

For more details:
Bolly Heroes Website – bollyheroes.com
Bolly Heroes Telegram – @bolly_heroes_official
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Posted in Uncategorized

65 thoughts on “AMA Satoshi Club x Bolly Heroes, September 18th

  1. What kind of awards will be given to the initial holders and the community in this BOLLY HEROES project? Are there any special requirements to get this award?

  2. What kind of collaborations will there be with real Bollywood artists and influencers? What are the benefits for artists and influencers in this project?

  3. From the website page this project has its way forward in October. There this project will open a merchandise shop, what items will be sold that month? Is it one of the special items of this project?
    thank you

  4. How many team members do you have? Do they have enough experience in the blockchain field? Do they have any experience on working in crypto and non-crypto project?,

  5. By distributing tokens to users as an incentive, users are incentivized to enter more information. BollyHeroes Team Are there other ways to incentivize people other than token distribution?

  6. Hello Sir,

    Bolly Heroes provide reward for pre registration on their website. I want to know ””Who are eligible to join your Community and Who are the referrals? I also wanted to know, How can we use rewarded points?

    Thank You

  7. One of Bolly heroes’ revenue streams is the Creator’s Marketplace, which allows you to collaborate with your favorite artists, designers, musicians, animators, game developers, and so on. Creator will not only improve their craft with them, but will also create their own incredible content with their professional assistance. So my question is, how do I become a member of the Creator Marketplace? Is it necessary for us to apply? What are the terms of collaboration with professional artists, designers, musicians, and others? What are the benefits for both the creator and the developer?

  8. Bolly Heroes- ( A Parallel Bollyverse). On your Pre- Registration page, I understand its a limited Edition NFT collection from a parallel dimension called Bollyverse. The world’s first community-driven world where hero NFTs will be the Star of their own movies, animated series, gaming, and a whole lot more. My question is how would your ecosystem enhance earning and fairly enrich it’s community participants? Thank you.

  9. I read that Bolly Heroes, is a limited edition NFT collection of a parallel dimension called Bollyverse. I would like to know how the NFTs are managed on your platform, what are their main features, utilities and opportunities, how many types of NFTs you currently offer on your website, what kind of rewards or access grants the ownership of any of them and tell us if users can create our own NFTs and if so, what requirements do you need to do so?

  10. I noticed on your website that you offer 3 main types of NFT: Legend NFT, Hero NFT and Celeb NFT. I would like to know what are the main features of each of them, how they differ from each other and if soon we will be able to participate in other NFT collections?

  11. BollyHeroes have other products in the ‘Bollyverse’ which includes Ultra Rare NFTs where users can produce their own characters,you also have ‘Bollybabies’ that gives users the chance to create something unique by merging and combining it with other NFTs.My question is,To users who produce their own characters what will be their reward?And for the BollyBabies,what specific kind of NFTs will users create in BollyBabies?Will there also be rewards for them? Thanks

  12. At the launch of your Bollyverse, you will have 3 sets of NFTs which which are Legend NFT, Hero NFT and Celeb NFTs. You said there will only be 250 Legend NFTs and 10,000 Hero NFT. Can you explain the differences between these NFTs and the importance they attract to their holders? How will you avoid conflict with IP rights of Bollywood artist who images and movie scene are used in the NFT representation? What revenue share structure are available for each type of NFTs? How can users acquire these NFTs and get incentives and royalties?

  13. BollyHeroes plans to auction it’s exclusive and real celebrity items.Who will participate in the auctioning of these item,will this includes some Bollywood Celebrities aside users?There’s already been pushback against the rise of NFTs. Plenty of works of questionable artistic value are being sold at hype-driven auctions.Artists works have allegedly been stolen and auctioned off as authentic,how will you make sure that users NFTs that they created are safe?During the auction what will be the tag price for an NFT?Will there be any rewards for auction winners? Thanks

  14. Currently, Bollyverse project has no tokenomics because your project has no plan for Fungible tokens and you are yet to release any token. Why don’t you want to issue your platform token? Don’t you think it can further add more value and protocol utility to your platform? Also, since you talked about your project being a community driven project where every decision are validated by the community, how will community participate in governance and decision making when you have no utility token or governance token? Do they make these decision through opinion polls or do you practise NFT voting?

  15. in their Twitter they mention that their vision is to create an exclusive NFT community that will decide which movies, series, animations, games, etc. will be made with Bolly Heroes NFTs and will create a parallel Bollyverse. So I would like to know, what will be the benefits that Bollyverse will offer to the users that participate, if each NFT holder is obliged to include their NFT, in those movies, series, games, among others, what they want to do and also I would like to know, how will the economy be handled, if they will have their own token or if they will establish certain type of tokens compatible with their platform?

  16. What kind of utilities do Bolly Heroes NFTs offer, besides being able to create our own Bollyverse! creating movies, series, games and narrations, what other kind of opportunities do they offer us, on the other hand, I would like to know, with which platforms are your NFTs compatible nowadays, with which tokens can we trade them and which elements determine their value in the market, also I would like to know if you will create your own marketplace?

  17. Regarding the security systems used by Bolly Heroes, could you tell us a little bit about this and tell us, if your contracts have been audited, who have been responsible and knowing that nowadays even being audited you run risks, tell us, what other mechanisms do you use to protect the investment of your users and the image of your project?

  18. I am interested in one of your NFT,the Celeb NFT which I know has something to do with Bollywood Celebrities.My question is, are you planning on having any collaboration with real Bollywood artists & Influencers or Musicians to be part of your project?If yes, do you currently have any Celebrity on your project or you are still making arrangements for that?Will the community also have a say when it’s comes to choosing there Bollywood favorite Artist?Can you also share some exciting features of the Celeb NFT?

  19. I read that you will be creating a deflationary mechanism for your NFTs by introducing Ultra Rare NFT Burns where users can burn 3 Hero NFTs to get an Ultra Rare NFT. Why is it important that Non Fungible Token should be burned like Fungible Token in order to make them deflationary? How does this type of burning improve the values of your NFTs? How will a user use Ultra Rare NFTs to partake in lending, staking as well as NFT liquidity mining?

  20. Hello! I read that Bolly Heroes provides 250 LEGEND NFTs, these are uniquely handcrafted NFTs based on iconic movie scenes and celebrities from last 50 years of Bollywood cinema with lifetime royalties. Is there an incentive for early holders? Will the first users to buy an NFT receive any rewards? Do these NFTs offer more benefits than HERO NFTs? Thank you!

  21. Within Bolly Heroes, there is a type of NFT that caught my attention, those are the “REAL NFT”, which consist of collaborations with real Bollywood artists and Influencers. Have you already collaborated with an artist or influencer? How will these be selected? Will the artists contact you or will you contact the artists? Or both? Do you have a target number of artists for collaboration this year? Can the community have voting power in that selection of artists?

  22. Greetings Bolly Heroes the NFT market is very fashionable and Bolly Heroes brings a very wide and striking one, my question is: for what month do you plan to open the merchandise store? And which NFTs do you plan to put there, do you plan to launch ‘real’ NFTs in association with celebrities and brands? And what would it be like since there are celebrity property rights, won’t there be problems with that? And when will they plan to do auctions of these NFTs? can you give us more details about these releases

  23. Hello Bolly Heroes, I would like to know how important the communities are to your project: how does your page say a real business for the community … for the community, how can we as a community contribute to the growth of the project? How would the first graduates have the right to receive rewards? I think the project was created in India. Can you tell us if it is true, how has the adoption of NFT been in India? Can you give us details of which celebrities, influencers and OGs, have committed to the project? Bolly Heroes account, with some charitable social work, some fund wallet, for donations or do you plan to do so? tell us about these points.

  24. Hi Bolly Heroes have a short animation contest planned, but what date is it scheduled for? can artists create animations for this contest? How many animations would be chosen to win and then what would happen to those animation works, would they enter your market to be sold? I was also reading that there will be rewards and incentives distributed weekly, from which date these events begin, could you give us more details to better understand these functions that Bolly Heroes offers

  25. Bolly Heroes has 250 handmade NFTs, what are the characteristics of these NFTs? Where can we get them? And how do the first headlines and the participants achieve the most rewards? they also have 10,000 unique computer generative NFTs with their own attributes. What functions do these NFT heroes fulfill in the project do they contain any skills? You can give us more details about the NFT legends and the NFT heroes. Thank you

  26. Bolly Heroes is an NFT Community that will use their own NFTs to create a parallel world to Bollywood, a Bollyverse. One thing that many don’t know, is that Bollywood is the biggest film industry in the world, followed by Nollywood, and finally Hollywood. So, I was wondering, how do you think this will impact your platform? Do you already have a big Indian following? Can we expect Bolly Heroes to become the crypto representative of the Indian film industry? What are your most ambitious plans?

  27. A pleasure Bolly Heroes, my question is: what is the percentage you receive for sharing offers and exclusive launches for legends? I would also like to know and that other users of the community know through the AMA the percentage of the participation of the income of the NFT heroes? And how would that collaboration with real Bollywood artists and influencers be? You can explain us and give us more details.

  28. Your main product is your ‘Legend NFTs’, based on famous Bollywood characters and scenes, with a limited 250 handcrafted pieces. Can this number grow? Or will there only be 250 exclusive works and no more? Most importantly, what is the use we can give these legend NFTs on your platform? Also, what’s the price range, and what are the benefits of these NFTs compared to your computer-generated ones?

  29. Out of your three different types of NFTs, the most exciting one is without a doubt your ‘Real NFTs’, which will be real-world collaborations with relevant Bollywood artists and influencers. However, you’ve said this would only happen from time to time… So, have you already released any of these ‘Real NFTs’? If so, who was the artist in question? Also, do you already have any plans for other collaborations? Can we get any exclusive news?

  30. Bolly Heroes is opening the sale of “Legend” NFT on September 20th and then “Hero” NFT in about 2 weeks. Are you planning to enlarge your offering by going to International heroes or adding local “Sport” NFT, “Indian Political leaders” NFT, “Cities” NFT etc? This can have double effect of increasing the interest and the value of each product.

  31. There are three types of NFTs in the BOLLY HEROES platform, Legend NFT, Hero NFT, Real NFT so what are the specifications in each NFT type and There are having definite amount of NFTs in Legend NFT and Hero NFT so why did you provide a definite amount for those NFT types and why didn’t you provide specific amount of NFT in Real NFT category?

  32. The BOLLY HEROES built in collaboration with real partners – production houses, music labels, brands, celebrities, gaming studios & animation companies. Can you provide a detailed answer about the current partners and animation companies that collaborate with BOLLY HEROES?

  33. You intend to introduce the Staking/ Lending feature in December. You introduced three types of NFT categories with the BOLLY HEROES so can users stake in all three categories? If yes, What are the rates that you expect to provide for each category and what are the minimum amounts that can be stake? Can you give some more details about lending features also?

  34. Definitely the works made entirely by hand acquire great value, but they have not considered creating more real NFTs that create a more real contact between the buyer and their favorite artists, how many NFTs are allowed to be coined per headline, which they believe is the preferred style of the buyers real or handmade images?

  35. How do you plan to obtain the funds to carry out the recording to choose films and series, so far who are the recognized personalities that support and participate in your project?

  36. Just as Bolly Heroes has the support of recognized celebrities, you plan to collaborate with new talents and help them to make themselves known through your platform, how many types of NFT make up your metaverse, in addition to functionalities such as collectible tokens that other uses will have your NFTs. What do you think of the tokenization of the NFTs and their great alliance with the blockchain?

  37. Bolly Heroes project collaborates with Hollywood artists and influencers to empower the NFT creation and collection in the area and around the world. The focus on Bollywood calls my attention, why did the team decide to focus in the Indian market, and do them have a plan of expanding this approach to other regions in India and other countries?

  38. Bolly Heroes count with 250 Legend NFTs. What makes them so special besides the limited supply to be considered a legendary type, like to make its value grow along time? How can I apply to be able to buy a legend token? Will there ever be more Legend tokens created or is this supply unmodifiable?

  39. I checked the Bolly Heroes pre-registration page and noticed that in the data to fill in, there is one that says “referred by”. Is there a referral program within Bolly Heroes platform? Can you tell us a little more about that? Do users who invite friends and family to register receive any rewards? What benefits will having many referrals bring us? Will we receive exclusive discounts or will we receive a percentage of profit for each referral we have?

  40. Bollyverse enables users to build community based projects more efficiently, users can act, produce and write their own stories to produce community driven films, digital animation, games and TV shows. Since this is a digital NFT-based Bollyverse, what kind of character would be used to create the film, digital animation and TV shows? Would the creators use real life characters, Legend NFTs, Hero NFTs characters or create his own characters? How will Creators/users get revenue for their project( sell, auction or views)? Finally, what specific portion of the creators revenue would you use to help local artists and creators’ talent?

  41. Bolly Heroes will be launching the sale of 250 Legend NFTs on the 20th of Sep, which will represent 50 years of Bollywood and Indian Cinema. I also read from your document that pre-registration is 7th September 2021 to 15th September 2021. I only get to know of your project yesterday, So will the sale of the 250 Legend NFTs on the 20th of Sep be for only pre-registered persons only? Could you provide us with details of the sale of 250 Legend NFTs? where can we buy them and is there max purchase? Thank you.

  42. While reading about Bolly Heroes, there are two (2) areas I would like to have clerification on. First you said 30% of transaction fee will be distributed to the community wallet. So what will be the transaction rate for NFT buyers? I couldn’t find info. about the remaining 70% transaction fee, so how will the 70% be utilised in your ecosystem? Secondly Bollyverse implements a share revenue mechanism on each innovators and creators project. where Legend NFT holders will be entitled to 10% of the revenue share while Hero NFTs holders will be entitled to 2.5% of the revenue share. What % will be used to building and strengthening the DAO community to help local artists and creators’ talent as mentioned? How many % goes to the creators or innovators?

  43. In one of your announcements you mention that users can burn three hero NFTs to get an Ultra Rare NFT which theoretically would generate greater incentives for holders, however can you tell us if there is any additional commission to pay for this exchange? What are the benefits of the Ultra Rare NFT over three Hero NFTs together?

  44. I’ve been on the subject of NFTs for a while and honestly I always have a hard time understanding the concept of metaverse, Bolly Heroes encourage their users to create their own Bollyverse, but how do these scenarios differ from the real world and how can users make them their own and unique?

  45. In October you will enable a burn and merge function on your ecosystem, the truth is that I was looking for your token metrics and couldn’t find much information, could you tell us some details about your tokenomics and how will these functions boost your economic model?

  46. On your website you mention that Bolly Heroes has a long term focus with a real business for the community, so could you tell us on what features should the Indian community be engaged to? How these solutions can be useful for other communities?

  47. I saw on the Bolly Heroes website that there are two days left for the Pre Registration process to finish. I have various doubts. What exactly is this Pre-Registration required for? What advantages does it provide to users? What benefits will pre-registered users have as opposed to those who do not fill out this Pre-Registration? By the way, will ALL users who pre-register benefit? Or will there be a subsequent selection among ALL pre-registered users?

  48. You stated your desire for Bollywood by creating 250 uniquely handcrafted NFTs based on iconic movie scenes and celebrities from last 50 years of Bollywood cinema with lifetime royalties. However, there are alot of movies like Nollywood, Hollywood, Lollywood, Tollywood  etc why have you make Bollywood your priority? Going through the background of the team, I don’t really think none of the members is from india, how do you get information about the celebrities from 50yrs with lifetime royalties? And is there any partnership between this project and Bollywood?

  49. 10,000 unique computer generative NFTs with their own attributes will be created. Heroes will also have unique skills that will be instrumental in launching new Project. Can you explain to us how these unique NFTs will be done in a computerized way? How will the whole NFTs be created with the use of an autonomous system? Computer generative NFTs will actually result to non-human and can independently determine features of an artwork without artist decisions, How will the NFTs resemble the celebrities of Bollywood?

  50. You intend to launch 250 “Legend” NFT mint on 20th of September. Can you give a sneak peek on this upcoming event? What is the price range of these Legend NFTs that you hope to mint on 20th of September? Who will be the Bollywood celebrities that you use for the NFTs frontage, Will they be Sharukh Khan, Aishwarya Rai, Amitabh Bachchan etc..? Do you & your team create these Legend NFTs by your own or do you hire professional NFTs artists? By the way, I want to know what kind of real world benifits Will the 250 Legend NFTs have? How will the Royalty & ownership History work on the Legend NFTs?

  51. As I am from India & a 90’s kid,
    I have been watching Bollywood movies from a long time now, All the great charecters like Amitabh Sir to Dilip kumar,
    My Question is There are many old people who have loved these charecters lively, do you think those people would be attracted towards the NFT’s of those Charecters?
    What’s your view?

  52. Bolly Heroes directly focused on Bollywood Cinema industry in india. What is the reason to focus only on Bollywood industry while the Hollywood industry remains larger than Bollywood Cinema? Do you hope to expand the Bolly Heroes in Tollywood & Kollywood industry also? As I think, Bolly Heroes should have a link/Connection with Bollywood celebrities/Stars to keep forward this NFTs project successfully. Do you have such a links with top stars in Bollywood Industry? But you have not mentioned about collaboration with at least one of Bollywood Celebrities yet. Why is that? Without proper interconnection between Bolly Heroes platform & Bollywood celebrities, How will you Create NFTs using their personality? Will you have to legal issues in future if you use them to create NFTs without their permission? If the Celebrities accept your offers, What kind of benefits will you give them?

  53. Your slogan is “a real business for the community……By the Community”. So Does this mean, that Community members can also participate in Generating NFTs events? Will there be an Auction house for NFTs auctioning? How will this concept lead to a long term growth of Bolly Heroes NFTs ecosystem? Can you please give a detailed explanation of your Slogan “a real business for the community……By the Community”?

  54. Hi, Bolly Heroes!
    I like Bolly Heroes vision of creating an exclusive NFT community that gets to decide what movies, tv series, animation, games etc get made using Bolly Heroes NFTs and create a parallel Bollyverse. Will these ideas go further into a real world and maybe even allow to sponsor and produce some of the Bollywood movies? Or maybe even go as far as creating your own movie studio that will be community based and funded via the NFT sales? I see exciting future ahead for Bolly Heroes!
    Thank you!

  55. Hi, Bolly Heroes!
    Your key partners are surely top professionals from the media & entertainment space who have made multiple movies and tv shows for Bollywood and Hollywood. Could you please share some prominent names with to get users excited? I’d also like to ask, how do you onboard stars to the Bolly Heroes project? Is it via offering a share of the project tokens, one time royalty or some other incentives? Who do you plan to add to the key partners team in the near future if it’s not a secret?
    Thank you!

  56. Hi, Bolly Heroes!
    I realize you have already closed the pre-sale and lucky users secured their legend NFTs. Is there any current activities for people who missed the presale, how can new users get their hands on some of the Legend NFTs today?
    I’d also like to ask about your NFT tiers, I know you have Legend NFTs and Ultra Rare NFTs that are not only higher in value but also grant the holder further rewards, incentives and opportunities to make their own line of community driven content. Holders will be able to induce their own attributes and traits into these new NFTs. Are there any more NFT tiers and unique functionalities on the Bolly Heroes platform?
    Thank you!

  57. This coming October you plan to launch Hero Real NFTs in partnership with celebrities & brands and also you plan to
    have a collectible auctions with partners. So,can you tell us who are the celebrities and what brands you plan to partner with in your platform? How would you negotiate and give a deals with them as a new project in the market? How would you finance this marketing engagement since you are still starting as a platform?Do you think this brand and celebrities will bring a good impact with Billy Heroes network? Could you also tell us more about the collectible auctions? What kind of collectibles you are going to auctioned? Thank you

  58. Legend NFT holders receive more than 10% revenue share & Hero NFT holders receive more than 2.5% revenue share respectively as you stated. From where will you earn more revenue to distribute among the NFTs holders? Because Bolly Heroes operate as only on NFTs. Will you not distribute a percent of revenue share among Real NFT holders? Please clarify about the reward distribution among the Bolly Heroes NFT holders?

  59. After Visiting on your website, I could Capture that Bolly Heroes doesn’t have a native currency. Could you tell me please, Why didn’t you consider about a native token though all other projects release a native currency to attract more user attention? What are the benefits that Bolly Heroes Community receive by being without a native token? How will community trade NFTs within Bolly Heroes project without a native currency? Do you intend to generate a token in future after Bolly Heroes project stabilized within entire NFTs market? How will the governance of Bolly Heroes project be implemented without a token model?

  60. According to your Roadmap, A merchandise store will be opened in October month within Bolly Heroes project. What type of products, Will you sell through the Merchandise Store? Will there be Souvenir products of bollywood celebrities? Which form of currencies, Should Buyers use to buy the products by merchandise store? What will you do with funds, receiving from merchandise store? Some projects use third party sellers from their community in their own merchandise stores. Will you welcome the third party sellers in to your merchandise store Since it helps to gain a exponential growth? If yes, How will you assure the security of buyers by avoiding the being of Victims of scammers in merchandise store? Please give us a proper description on Bolly Heroes Merchandise Store?

  61. It caught my attention that you are rewarding early holders and community at each step. Can you please explain about these rewards? According to your roadmap, early holders and community have the right to chart the course from December. What are the benefits of joining this activity? However, currently I am have not applied for pre registration. It seems less than 2 days are remaining for pre registration. If I apply now, can I be an early holder? Please let us know the eligibile criteria. Is there a minimum investment to be considered an early holder?

  62. When accessing your website, I receive an error message, “MetaMask is not installed in your browser”. However, when examining your items on OpenSea, I noticed that we can purchase them with both USD and ETH. Then why should we install MetaMask? After you open merchandise store next month, can’t we buy items via card payments?

  63. I noticed that you have three kind of NFTs, LEGEND NFT, HERO NFT and REAL NFT. Could you please explain deeply about these three types? What made you to categorize NFTs under these three themes? You have mentioned that LEGEND NFTs allow holders to receive a 10% revenue share with some exclusive deals. However, the revenue share for HERO NFTs is 2.5% whereas there is no revenue share for REAL NFTs. Doesn’t this design discourage users to hold HERO NFTs and REAL NFTs? When holding LEGEND NFTs offer more benefits, why should we purchase other two types?

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