We are pleased to announce our next AMA on January 7th 2022 at 01:00 PM UTC Time: Satoshi Club x NFTY Portal
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join NFTY Portal Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. NFTY Portal Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about NFTY Portal
For more details:
NFTY Portal Website – nfty-portal.io
NFTY Portal Telegram – @NFTY_Portal
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
There are 3 tokens specified for your platform, what is the motivation behind such an idea instead of having a single token?
I understand that NFTY Space Coin will be made available through a number of avenues initially, then available for trading on the NFTY
Marketplace or through listed exchanges and swaps. Initial avenues include Angel and Seed Investor Rounds, then Private
Sale 1 and Private Sale 2 Rounds. Can you tell us when the 2 rounds of private sale will start? Will there be a public sale to investors interested in buying the NFTY space coins? Can you tell us some of the eligible listed exchanges and swaps platforms?
According to your roadmap, launch of the NFTY platform has been scheduled for this quarter. How is the progress? Will the platform be launched soon? NFTY Portal Windows version has been already launched and the Mac version will also be launched within this quarter. What about users of the Linux-based operating systems? Don’t they get an opportunity to access NFTY Portal? Moreover, you will be launching the udated NFTY Web Wallet within the same time period. You have launched the first version in the second quarter of the last year. Compared to the older version, what type of features have been added to the wallet? Although mobile wallets are popular than web wallets, why did you decide to launch the web wallet first?
In your awesome features, the Dextop wallet was initially released for Windows (with Mac version to follow) the NFTY Wallet is a universal storage and minting device forNFTs, coins and tokens and also I noticed the instant messaging where users who hold NFTY Space and Time in their NFTY Wallet to send each other encrypted instant messagesthrough the NFTY Wall. Can you elaborate more on the NFTY wall? Will there be a fee attached to each message a user sends to a friend? How can I access that feature? What are the differences between the Dextop wallet and the web wallet?
The NFTY Portal is a newly created Decentralized Exchange that allows for NFTs, coins and tokens to be traded all-in-one place. This feature among others is currently not an available option in the crypto universe. The NFTY portal aims to operate with 3 key fundamentals in mind: Safety, Efficiency, Effectively #SEE. Can you elaborate more on this unique feature? Can I trade other cryptocurrencies in the marketplace? What are the other features NFTY portal posseses that makes it outstanding? How will these features help in the progress of your platform
Interestingly, I have seen projects using a dual token system but In NFTY, unlike most project you choose to adopt 3 different tokens in your platform which includes NFTY space, NFTY Time and NFTY Motion. Can you explain on these 3 Tokens and which will be used as governance tokens, in-game rewards and for staking? why you choose to adopt a 3-token system on your platform instead of 2 or 1? Can you also explain more on the utilities of these 3 coins and how users can acquire each of these 3 tokens?
You have allocated 10% of the total supply of your token for the Angel Investor Round and the price per token is 0.020$. Who will be eligible to participate in this round which seems to be the best opportunity to purchase your tokens? After this round, there are considerable allocations for the Seed Investor Round and the Private Investor Rounds too. However, the allocation for the Public Round is just 2.5%, 25% when compared to the allocation for the Angel Investor Round. The token price is 0.065$, more than 3x compared to the Angel Round price. Why do you mainly focus on private investors? What have you done to attract general public to invest in your project?
Describing the staking features, it has been stated that users can earn rewards for “holding” and “hodling”. Although the meanings and the difference of these two terms are clear to me, I am curious to know what type of benefits do users get by “hodling” when compared to “holding”. Do you offer better rates for longer time periods? If a user decides to hodl your coins, is it a must to keep them for a specific period of time? Should he decide whether he is going to hold or hodl at the beginning of the process? Don’t you offer an option to unstake and withdraw funds whenever needed? Are there any unstaking fees attached to this procedure? Compared to the staking programs on similar platforms, do you offer any special features?
Its no Doubt that NFT’s have been widely accepted all over the world, & which is embraced by traditional businesses, and freed artists from the shackles of traditional income limitations. But with this Development, there have also been various criticism attached to Project seeking to Establish themselves in the NFT ecosystem, problems such As Low transaction Speed and High cost of gas fees, Binance However has tried to fill this gab, but still quite Expensive….please i would like to now how NFTY is going to handle and Adress this Issues regarding this High rate of transactions Speed and Gas fees for Appropriate Clarification.. Thank you
Please i would like to know about your Governance coin named NFTY Motion, how would it be implemented in your Eco System? Would this Coin be available to every user? What are its functions and how can users get access to these NFTY Motion Coin? And can you further discuss the Kinds of decisions and right your community would be able to Vote for? Thank you
Talking about Technical point of view of the NFTY project, while a single blockchain is quite capable of processing large amounts of information, newer methods where a blockchain system will use smaller blockchain reliant on parent chain known sidechains were created and NFTY’s approach is to have these sidechains remain capable of functioning completely independently. Can you elaborate more on NFTY’s approach to have sidechains function complete independently instead of relying on its parent chain and how this approach is going to work? Can you explain on why you choose to use this particular approach? What are the advantages of sidechains working independently going to bring to the NFTY ecosystem?
From your white paper, you mentioned that your ability to store data on-chain will have numerous positive effects on the industry providing a much needed highlevel of Safety,increased Efciency and overall allowing blockchain to operate more Efectively. All operations,from trading to minting will be conveniently executed in the safe and powerful,decentralized environment of our revolutionary,proprietary NFTY Portal. Can you explain the process of storing data on-chain and how it will be done? You mentioned that there will be high level of security, I’m curious to know,with the rate of smart cyber attackers on the rise today, What are your anti-cyber attack measures you’ve put in place to counter them and how will they work to provide safety to the users of the NFTY Portal?
I learnt that PoW/Pos hybrid , known typically as a “hybrid”distribution method, shuffles both PoW and Pos together onto a singular Blockchain. can you tell us more on the characteristics of the hybrid mechanism and how transaction are validated?,in what way does the hybrid increase the security of the platform?,in this case, what are the requirements for a member of the community to be eligible to be a validator in the hybrid mechanism?,in what way does the hybrid increase the security of the platform?
Several issues are being faced by current crypto and NFT markets and among such issues are High fee for traders and artists minting, buying or selling NFTs, Slow rate and long duration of transactions, Cryptocurrency traders currently have to select from different platforms to interact with different chains, just to mention a few. I would love to know how NFTY Chain aims to solve my aforementioned issues? In line with issues in current crypto markets, you mentioned some NFTY chain solutions which includes NFTY smart chain, Universal Chain, Dynamic chain, on-chain data storage and Direct display. Can you elaborate on each of these NFTY chain solutions and which problems of the current crypto and NFT markets each of these NFTY chain is designed to solve and deal with?
I interestingly read from your website that VRX tabulates a set amount of blocks(typical reference implementations are set to the previous six blocks)and then compares each of them against one another in relation to their blocktimes thus determining a set spacing between those blocks. What are the maximum amount of blocks do VRX tabulates? Can you please elaborate more to newbies how these set of blocks works in a simpler manner? Can you explain more on how these set of blocks are compared to each other? What are other uses/advantages of these blocks?Thank you.
I understand that different levels of yield farming will be introduced to the NFTY project starting with the beginner level of farming NFTY Time with NFTY space.A more advanced level of yield farming NFTY may be introduced around NFTs, including including a mix of coins and NFT yield farming.please elaborate on difference between the features of the beginner and advanced level farming?,what are the benefits a user gets from the different level of farming?,how can a user upgrade from the beginner level of farming NFTY time with NFTY space to the advance level of yield farming?, lastly can you share with us the yield farming protocols NFTY will be adopting?
You will launch private and presale round before the listing of NFTY Space Coin. I saw that you will have two rounds of private sales. Can you tell us more about the seed and private sale event and how you selected your seed investors? How many tokens are you releasing to them and how will the tokens be released? How many token will be available to public investors? On what platform will your token be launched and how can public investors get whitelisted to join public sale event?
I learnt that with the NFTY Chain, your aim is to solve a major problem faced by users of cryptocurrencies on centralised or decentralised exchanges which is a lack of accessibility to their desired coin or token, often forcing the users into multiple swaps or trades because of the chains’ inability to interact with each other just to end up with the coin or token desired in the first place. Can you give more information about how the NFTY Chain is designed/used to solve this problem? What are the features of the NFTY Chain that enables it to solve this major problem that exists in most exchanges?
Good afternoon.
Having started studying your project, I first of all decided to look at the activity in your social networks. I found one interesting point. You have a discord on your website and in bio on Twitter, but the link to it does not work. And it is not in the official links in the telegram group. Have you decided to abandon this social network? If so, why? If not, please give a link to the server.
Good afternoon.
Having started studying your project, I first of all decided to study your roadmap. And I found that the fourth quarter of 2021 is missing from it. What were you doing at that time? Please tell us what tasks were solved at the end of the year?
Good afternoon.
When I started studying your project, I looked at the tokenomics of the project. And in connection with it, my first question arose: who are the participants of the angels and seed investment rounds? And as I understand it, in your project trp coins, one of them can be bought from the market, the second will be given for staking, and the third will be distributed to airdrop holders of the second coin. Is that right? Please tell us the formula that will be used for airdrop?
NFTY System have three coins: NFTY Space, NFTY Time and NFTY Motion. Of these, NFTY Motion is going to be the governance token. NFTY Motion will be given to holders of NFTY Time as a reward. Can you tell us why these three tokens are necessary and how your platform will utilise them? What format will you use to share NFTY Motion to NFTY Time holders? Since NFTY Motion can serve governance purpose, is there an amount of NFTY Motion that a user should have before before partaking in governance?
What is the capacity and potential of NFTY Portal to provide its users with speed and security in transactions, currently what is its main chain and what side chains, what incentives can it offer to attract new investors, what are its allies, collaborators and partners stronger and more active?
What characteristics does NFTY Portal have that makes it better than other DEXs, a few months ago they mentioned about a new updated code to cover the latest security concerns for Bitcoin and bitcore projects and that they are coming. More great features on the way, how much have evolved in these aspects, what milestones have you set out to achieve to start this new year, why should we trust and invest in your platform?
Tell us about the initial idea that led to the creation of NFTY Portal, do you consider that NFTY Portal can create something better than the current normal, how you visualize the NFT and Blockchain space considering the growth of the crypto market, how can your platform help to the advance of decentralization?
The NFTY Portal is said to be a decentralised exchange/platform with its own hybrid (PoW/PoS) blockchain. I found out that the NFTY Portal ecosystem is powered by three different tokens which are; “NFTY SPACE”, “NFTY TIME” and “NFTY MOTION”. Can you give more information about this? Can you differentiate these tokens from each other? What are the main features of these tokens and what are the use cases of each of these tokens in the NFTY Portal? What are the available ways through which users get these tokens?
The NFTY Portal is said to be a new style decentralised exchange which allows users to trade NFTs, coins and tokens all in one exchange. Can you give a detailed explanation about how your listing process goes on? How can projects that want to list their coins/tokens on the NFTY Portal apply for listing? What are the requirements that projects must meet in order to be eligible to list their tokens/coins on the NFTY Portal? Is there any system setup to ensure that the tokens/coins listed on NFTY Portal are of high quality and free from scams? Will the community members/users of NFTY Portal have a say on the tokens/coins to be listed on NFTY Portal?
Many NFT projects and developers are joining the games industry to take advantage of the boom that Gamefi is having, have you considered developing a game or other Gamefi or Socialfi product soon or in the long term?
What participation does the community have in the decision-making process, how can they guarantee that it is a 100% DEX project, where can we buy their tokens now, do they plan to carry out an IDO or Airdrops?
They have been in the market for some time, have they been audited by external entities that guarantee their legality and financial solvency, how flexible and friendly can the NFTY wallet be, what is the most ambitious objective that they plan to achieve?
You can tell us how long the NFTY Portal has been in the market, how you plan to attract merchants, musicians, collectors and artists to your platform, from its inception until now which have been the most outstanding milestones that you have achieved and what are your next steps to follow. according to your waybill?
What are the uses of your native token within your ecosystem and how can they provide you with greater, this NFT Portal prepared to solve DEX problems and present solutions and alternatives that can be applied in other projects?
One of the points most considered by an investor is security, so, tell us about the protocol and regulations that govern the security of the NFTY and its investors, because we must risk investing with NFTY, they can stay afloat and be self-financing or require third parties and liquidity providers?
Very interestingly, NFTY Portal will be operating with 3 tokens ; NFTY Space which is the payment coin of the NFTY ecosystem, NFTY Time which the reward coin for participating in yield farming and other activities, NFTY Motion which is the governance coin of the NFTY ecosystem. With regards to NFTY Motion( the governance coin), Can you please share more details on the governance model of NFTY Portal? Is there a minimum amount of NFTY Motion to hold in order to have governance rights over the NFTY Portal project’s future
decisions? What type of decisions will the governance coin hodlers be allowed to take part in making? Do the tokens have to be staked in order to take part in the governance process?It is mentioned in the NFTY Portal whitepaper that the governance coin will be gifted to NFTY Time hodlers as a reward, what are the other ways users can acquire the governance token? It is also stated that the governance coin’s total supply will be limited, won’t that leave the governance process in the hands of a few members instead of a true DAO process which is the whole essence of the governance process?
While going through NFTY Portal’s roadmap, I discovered that the project started in 2021 and was able to achieve notable milestones such as building it’s Blockchain, launching a desktop wallet, launching the NFTY web wallet and NFTY Portal (web version) all in 2021 which is very commendable. Looking ahead, NFTY has already lined up some interesting events for 2022 such as the official launch of the NFTY Platform, NFTY Portal and NFTY Portal wallet. With regards to the NFTY Platform, will there be a Beta Version of the Platform before the main launch? If yes, will the Beta testing be open or closed? How will users be selected to test the Beta version? It is also stated that the Roadmap items and timing are subject to change. Should we expect more announcements on other events and releases from the NFTY team?
I noticed you have created a “Data Storage”,”Dynamic and Universal Chains” on the NFTY Portal.Some platform allow users to store their data on a marketplace or platform servers with no control over there transaction information,so how different is NFTY platform in terms of Data storage?How does your Dynamic and Universal Chains work?What are the features of both chains and how will users benefits in terms transaction on each chains?You also mention that there will be no limit to what chains you will include in your Portal meaning you will be creating more chains on your platform.How many Chains do you intend to create aside “Dynamic and Universal Chains”?Please explain Thanks
NFTY Portal is the gateway to an effective trading universe and what caught my attention is your slogan “Space and Time in Motion”.So can you tell us what your slogan entails?And I noticed that your ecosystem coins are attached to your slogan,NFTY Space,NFTY Time and NFTY Motion.So can you tell us what direct bearing those your slogan have on your token?So far have you been living to your slogan,like doing as your slogan says knowing quite well that nothing come easy?Please explain Thanks
I noticed on your NFTY Portal,you have created 2 types of wallets the “Desktop” and “Web” Wallet.So can you briefly tell us your reason for creating 2 different wallet?What are the major difference between both of them?Does that mean you will not launch your own NFTY Portal mobile app wallet for users to use at their convenient time?If you do have plans to build/launch NFTY Portal Mobile App Wallet,when will that be?Please tell us Thanks
NFTY uses three fundamental premises: Safety, Efficiency and Effectively, so could you elaborate in which I consider is one of the most important … security, could you tell us how the platform is protected from possible external attacks? Also, what measures are taken to keep users’ data and financial elements private? With regard to Effiency and Effectively, through which features do you allow to give the best experience to users?
Compared to your direct competitors, NFTY uses a consensus mechanism that can be considered “hybrid” and, according to statistics, transactions are carried out completely instantaneously. I would like to know who is part of the operation of this mechanism, how do you keep it free of errors and how expensive is it for the maintenance of the ecosystem? What is the role of real users in all this?
To provide users with maximum convenience, NFTY Portal has created a DEX where users can exchange and store coins, tokens, and NFTs in one place. What are the assets that can be traded in NFTY? What are the advantages of having assets in NFTY? How is NFTY different from other DEXs?
NFTY Portal has developed a decentralized world where traders, artists, musicians, collectors and everyone else can exchange NFT, using NFTY Coin and other tools offered by the platform. NFTY Portal has grown into a vast ecosystem with its own NFTY coin, wallet, verse, etc. What are the tools that NFTY provides to its users? What are the revolutionary features, elements and products that NFTY offers to its users? Advantages?
NFTY coins are possibly the most important aspect of the NFTY ecosystem. There are three currencies, NFTY Space, NFTY Time, and NFTY Motion, which perform individual functions while being interconnected. What is the usefulness of each of the NFTY currencies: NFTY Space, NFTY Time and NFTY Motion? Features of NFTY Space, NFTY Time and NFTY Motion? Why did you decide to develop NFTY with three tokens? What is the advantage of this?
NFTY Chain is a dynamic chain with scalable blocks, high transaction speed, and sidechain interoperability. It is a universal chain that allows the minting of cryptocurrencies and tokens on the NFTY portal, while keeping security intact. What is NFTY Chain? How does NFTY Chain work? What are the benefits of NFTY Chain? Other developers can use NFTY Chain to develop their projects?
NFTY Web Wallet provides users with web browser access the ability to create an online wallet and an NFTY address that can be used to send and receive coins, tokens, and NFT NFTYs. What is NFTY Web Wallet? How does NFTY Web Wallet work? What types of assets can be used in this wallet? How is this Wallet different from other Wallets? Advantages?
The NFTY Portal team has worked tirelessly to ensure a smooth user experience. NFTY Portal, a new style DEX that makes it easy to trade NFTs, coins, and tokens in one place, has discovered a significant inefficiency in the codebase of the Altcoin network. NFTY solves this problem through Demi Nodes. What is the significant inefficiency in the code base of the Altcoin network? What are Demi Nodes? How do Demi Nodes work? What are the characteristics of the Demi Nodes? What is the Usefulness of Demi Nodes?
You mentioned that One of the issues of crypto and NFT minters is that NFT minters pay a third party /marketplace to store their data used in initial mint transaction, and then also pay external marketplaces to gain access to their own data to trade on those external marketplaces. NFT minters then post a link to their data in socials, and interested buyers click the link, and are taken to the marketplace to view the artists work, then pay the marketplace a fee to purchase, but still do not take control of the stored data. Can you highlight more on how NFTY platform tend to solve this issue? How can NFT minters take control of stored data on your platform? What are the various features made available to Solving this issue on your platform?
NFTY Space, NFTY Time and NFTY Motion are the assets that coexist within your ecosystem from what I could read. My question is, what are the main utilities that each of them have for NFTY Portal and its holders? Is it necessary to own all assets to be able to operate within the platform? Why have you decided to develop such a model for your project?
Traders face the possibility of security issues being left open in the bitcore code due to the “hashrate is security” thought process of almost all Bitcoin altcoins. What are the solutions that NFTY Portal has come up with for this problem? What technologies have been adopted within the platform to provide a secure and trusted space?
I read that NFTY Portal, uses 3 tokens, NFTY Space, NFTY Time, NFTY Motion, so, could you explain why you decided to create 3 tokens, what is the utility and importance of each one of them in NFTY Portal, tell us what benefits each one offers to those who buy it, tell us what are their differences, the relationship between them, if any and how will you manage to keep them attractive to investors in the long term?
Tell us a little about the NFTYnauts of the NFTY Portal project, what are their characteristics, what use cases will they have, if there is any kind of classification among them, and if so, tell us a little about it and finally tell us, what strategies are you using to make them known, will you manage to increase their adoption and make them popular among the cryptographic community?
NFTY wallets available, one of which
is the NFTY desktop Wallet (currently available for windows ) and safest place to store NFTY coins, tokens and NFTs. Which has Features like NFT Minting, staying, master nodes, IM, token minting to set the NFTY desktop wallet apart from any other. How safe is the NFTY desktop Wallet? How does these features make the NFTY desktop Wallet Unique from any other? Aside Twitter, what other social media platforms does the NFTY desktop wallet advertise directly to? You also mentioned that Web Wallet is being updated and will be up and running. When should we expect the Web wallet to be updated ?
How does NFTY Portal improve the user experience with respect to the management and trading of digital assets, tell us a little about the tools and products you offer and how they allow us to have a better experience and make us feel safe in a market, which has always been attacked by people, groups and organizations with bad intentions?
I read from your whitepaper that NFTY Space Coin will be made available through a number of avenues initially, then available for trading on the NFTY
Marketplace or through listed exchanges and swaps. Initial avenues include Angel and Seed Investor Rounds, then Private
Sale 1 and Private Sale 2 Rounds. What are these avenues? Can you elaborate more on
How to Get the NFTY space coin?
Greetings, 1) I have a question about platform vulnerabilities: Did platform take place some penetration tests or may be tested inside devs community? 2) How will solve a question about scalability of storage volume and resourses availability
when users start post his own data in blockchain (if I understand correctly, customer will be able to store data into network directly — not in servers database)? I don’t familiar many dProjects, but I encounter with SIA (for example considering dData storages) and resourses interacting invoke some trouble with recovering data and constant waste coins for maintaining space (but devs are still great). And the last, more laid-back question: what are you planning about future employees, what programming languages in requirements and how much are you extending your team in quantity? I believe in your technologies and just whitepaper tell a lot already!
What are the top priorities for the project this year, what does the team plans to do for the development of the project and what is the main vision and goal?
Greetings NFTY Portal; Security and user interface are important aspects that users see for the first time in projects? What is the security system offered to users? Do you currently have a mobile application for different systems such as ANDROID and iOS or can only your platform work on a website on the PC? Do you have an NFT market right now where we can buy or trade NFT? To make our first investment as a new user, is it necessary to make purchases or other functions with the native tokens of the project? or can we use other cryptocurrencies or stablecoins for purchases? can explain the functionality of NFTY tokens and how to best use it. Thanks
gaining the trust of the community and investment partners is one of the most complicated objectives, so, could you share with us how NFTY Portal plans to get partners and gain the trust of the users, i.e. tell us how you will assure them that NFTY Portal is a solid project that really has a future and can be sustainable in the long term?
I was looking for the roadmap for this year 2022 of NFTY Portal and I could only find, that this year, they plan to create a NFTY iOS / Android Portal Portfolio, so tell us, is this the only goal for 2022 or do you have others if so please share it with us here and tell us a little bit about how your year 2021 culminated and where you are in your roadmap at this point?
NFTY Portal, has exclusive NFTY tokens, which in their project each have their function in the project, My question is: Of the three tokens that the platform has, which is the currency used to reward users and how do you win? can we collect any of the NFTY? If so, which of your coins is for collection and will this token be limited? Can we exchange other tokens for NFTY coins on your platform? Do you have a wallet for mobile applications or can we only access the wallet from a PC? can you give us more details of these functions
NFTY Portal, is your platform completely DEX? Is your project global? Can we use the platform from anywhere in the world? Are there any restrictions on the use of your DEX is it necessary to go through a KYC verification to have access to everything? How can we get NFTY TIME as rewards? you can give us more details.
NFTY Portal mentions on their website, to have the safest and most secure chain in crypto, so, could you share with us the elements or features that allow you to give such a signature or share with us the procedures that you have done and that can guarantee that you really are the most secure and safe chain in crypto?
How much does a user have to invest in order to become part of the NFTY Portal community and tell us what would be the benefits of doing so, I would also like to know if there is any way to earn passive money in NFTY Portal and if the answer is yes, share with us what we must do to participate in such earnings?
NFTY Portal, What are the cryptocurrency and NFT market problems? What do you plan to solve thinking about the future? What percentage do you use in the transaction fees on the platform? What is the responsiveness of transactions on your DEX? is NFTY Portal fully scalable? In your opinion … is it possible that on your platform you can buy, sell, exchange, mint the tokens or NFT without looking at other exchanges? Can you explain the functions of the project?
The NFTY Portal is a newly created Decentralized Exchange that allows for NFTs, coins and tokens to be traded all-in-one place. This feature is currently not an available option in the crypto universe. Being the first in anything is not an easy thing. What was the hardest thing to do while designing the platform, and how did you solve it? How seamless can this experience be for a user, while trading NFTs, coins and tokens?
The upcoming end user features of the NFTY project include crypto trading, minting, storage, wallets and the NFTY Portal. How is the design of the platform to support allá of these features without sacrifyimg simplicity of use and performance, giving the user a seamless experience?
NFTYspace is a world where traders, artists, collectors, musicians and others can trade NFTs. An NFT marketplace is no novelty, what are the features of NFTYspace that can engage communities from the different mentioned fields, can the marketplace be friendly to the necessities different fields may have?
NFTY Portal is a decentralized exchange with a mission to achieve efficiency in one place using technology called “onchain storage of data”, “the dynamic chain” and “the universal chain”. Could you explain the basic function of these technologies that NFTY Portal adopts? How is the project structured in layers where this technology works? And what does these technologies promote?
From what I saw about your staking system, really its function is to encourage holders to receive more rewards, according to your whitepaper, then new levels of staking around NFTs will be introduced within the NFTY wallet, could you explain to us how profitable in the system currently and what improvements do you hope to obtain with the incorporation of NFTs to staking? Does it provide any benefit to users?
In the most recent community updates made by your team they say that the private sale is almost done and we’ll be able to meet VCs and partners very soon, so this is what initally gives credibility to a project, could you tell us exclusively at Satoshi Club What is the estimate of funds collected in your private sales and any important partnerships that you could tell us about? How many more have dared to bet on your project?
Been a relatively new project with core operations kicking off in periods of Q3/Q4 2021, one has to commend the progress made so far particularly from a marketing space. I noticed that NFTY Portal has been featured in no fewer than 8 reputable media articles and YouTube channels such as; Yahoo news, Yahoo Finance, Market Watch, Tech Times and lots more. As impressive as this stats are, can you briefly elaborate on them, how has NFTY Portal been able to achieve this sort of relevance within such a short time span, and what would you consider as your overall marketing approach? Going forward, what major channels will be adopted, will you opt for social media brands, outlets and communities, as against the choice of individuals and influencer marketing or will it be a combination of both? Finally, how will these operations be financed over time, as a project do you have a workable marketing budget?
While describing about NFTY Desktop Wallet, you have mentioned about some features including minting, staking and Masternodes. I noticed that there is an uncommon feature called “IM” (Instant encrypted messaging). Can you briefly explain about this option? How does this messaging service work? As a user of the wallet, what kind of benefits I can get from this feature? Why should I use it instead of using ordinary messaging services? Is it only available on your wallet? According to the roadmap, you will launch Android and iOS mobile wallets in the near future. Will these all features be common to the mobile versions too?
Strong partnerships can be considered as a vital ingredient for the success of a project. Therefore, every project tries to build up partnerships with plenty of other platforms. However, I noticed that you have only two collaborations, DEXTECH and Ten31Bank. What are mutual benefits of these partnerships? You have initiated the project at the beginning of the previous year. Then why do you still have only two partnerships? Do you have any plans to partner with some other parties? If yes, please explain about those future collaborations. If a project wishes to collaborate with you, what is the procedure of applying for a partnership?
You have provided a list of countries that will not be able to use NFTY. Does this mean that those citizens do not have access to any feature offered by NFTY platform? Can you explain the reasons behind this decision? When examining the list, I noticed that cryptocurrency has not been prohibited in all those countries and the legal status is undefined in almost all countries. Then why did you decide to keep those citizens away? If I am a citizen of one of those countries, am I allowed to use NFTY using a VPN? Is it officially allowed?
In creating a fully decentralized NFT trading environment, NFTY Portal built the Hybrid DEX Swap with a distribution model that brings the best of both concensus algorithms (PoW and PoS) to a singular blockchain. Recognising the importance this product presents to the wider NFTY Portal operation, can you tentatively describe the DEX Swap and explain its enhanced functions and features, what are some of its relative advantages compared to some of the popular DEX Swaps available in the market today? Also, since your DEX Swap will be a major constituent within the NFTY Chain, can you briefly explain the features and dynamism that comes with this novel chain, why do you consider the NFTY Chain as been more efficiently functional?
While browsing your site, I found out that NFTY has its own Desktop Wallet and Web Wallet. Unfortunately, NFTY Web Wallet is being updated and it is not yet clear when this type of wallet can be used. Please tell us in more detail about the capabilities and differences of these wallets? What is the current update related to? How soon will users be able to resume using the NFTY Web Wallet?
I am experienced with Yield farming strategies in different platforms earlier & I heard that NFTY Portal platform provide yield farming feature for their users with NFTY SPACE coins. Can you give a brief explanation about the NFTY Portal yield farming feature & NFTY SPACE Coins? How does it differ from other platform’s yield farming methods? How about the minimum & maximum investments in NFTY yield farming protocal? Most of projects promise a high APYs with a reliable harvesting schedule. But it will not happen as they promised in reality. So How about the NFTY Portal in this matter? Please share with us your APYs & harvesting schedule in yield farming process?
One of the possible use cases of NFTY technologies is to connect sports teams and their fan base, for example, selling tickets for matches in the form of NFT. Please tell us if you already have any local/global sports clubs in mind with which such cooperation is planned? Perhaps someone’s representatives have already contacted you? And please name your personal dream club with which you would like to cooperate in this direction, if there is one.
There are lot of issues in current crypto & NFT market such as security issues, Slow transaction speeds, High fees, third party interactions for minting NFTs etc… So I need to know, How will the NFTY Portal platform bring the permanent solutions for these issues? What kind of cutting edge features & techniques will you integrate in to the NFTY protocal? For a example, How will you reduce the transaction fees by a considerable amount & In which manner will you adapt the users for that?
Where I can get the latest updates or more information about the NFTY Portal project?
Trust and security is very important for the project so what is the Audit status of NFTY Portal project?
Let’s talk about partnerships that you’re collaborating with NFTY Portal Project?
Already You have released NFTY desktop wallet ( for Windows) & NFTY web wallet. Can you give more details about this two types of wallet? I heard that web wallets & desktop wallets are vulnerable to attacks. Did you integrate advanced & unbreakable security system for those wallets? Do they have Dapp feature just like trust wallet? What kind of currencies do your wallets support at the moment? Please share with us valuable information & mechanisms about those two type wallets (Desktop & Web wallet) ?
I am concerned about token inflationary problems that any Token or Play-to-earn project face, while the supply increases by the time, and value of token decreases also. How did the NFTY Portal team prepare for this case, keeping the attraction with investors or new market place?
Hi! I follow this project since months, and I am a Bag holder.
My question is, As you need traffic to diffuse ads, and you need ads to reward users, what’s the plan to attract users, if your main advantage can be effective only when traffic comes. Btw, how long you need to enable the monetization.?
Thanks awesome project
Currently NFT digital assets are highly speculative so I would like to know if the “NFTY Portal platform will have any evaluator or reference price oracle for us users to have standard prices of multiple types of NFT?
From your introduction, NFTY portal is an ecosystem and as we know ecosystem is a multi functional environment which you said it is an exciting and rapidly developing Blockchain space and will become the benchmark or reference point future decentralized exchange or portal which is going to maintained by a dynamic block system, since this system is universal it means NFTY chain will operate on multifunctional activities in the marketplace. please you also said the operations of NFTY charges will be low please tell us how low is the fees?
According to your statement all operations from trading to minting will be conveniently executed in NFTY project does it mean that NFTY is a warehouse where trading, minting holding of crypto currency takes place how secure is this system?
Also you said that your vision for NFTY and NFTY portal project with it’s ultimate goal is to release a decentralized exchange that will allow user to trade Cross-chain , multi-chain, atomic swap and peer-to-peer transactions and access to the massive liquidity pools on but not
limited to ETH and BSC-based swaps will be available to users through a wrapped NFTY Space coin. please can you explain in a more simple ways on this?
So many projects just want to talk about “long term vision and mission” but not me,, I want to know what is your short term goal?? and What are you focusing on right now? How will you achieve the success you desire this year???
Similar initiatives may offer the same benefits as you. So, what distinguishes you from other similar projects in terms of special features and benefits?
Did you consider community feedback/requests during the creation of your product in order to expand on fresh ideas for your project? Many projects fail because the target audience and clients are not understood. So I’d like to know who your ideal consumer is for your product?
Super