We are pleased to announce our next AMA on January 10th 2022 at 05:00 PM UTC Time: Satoshi Club x Overeality
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Overeality Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Overeality Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Overeality
For more details:
Overeality Website – Overeality.io
Overeality Telegram – @overeality
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
I registered on Overeality website and after verifying my email, I was 37102 on the waitlist and I was asked to refer more friends to move up the waitlist and the higher my position on the waitlist, the better my rewards. Can you please explain on what the waitlist is for? What are the rewards and incentives associated with being top of the waitlist? I also noted Overeality raised a total of $5M in funding over 1 round on Dec 30, can you explain more on who your private investors are? How would these funds be utilized? When are you planning your next funds raising event?
It was confidently mentioned that your community based tokens are designed to guarantee sustained equity for holders over time, and these aren’t moonshots but are first class tickets that land right where they are suppose to everytime. Can you elaborate more on your community based tokens and how users can acquire it? Can you elaborate on your deflation and inflation mechanisms of your token designed to support claims that they aren’t just moonshots? Are there incentives and benefits for users who hold your community based tokens?
I saw that you have finished your private Round of Investment and also looking forward to having your public sale on 11th January 2022, Please how can we get access to this public sale? And what advantages and Benefits is presented to Participants who are interested in Your public sale? It was also stated that you have also developed your blockchain, called Overeality chain, which is under the beta testing phase and will be officially launched as your mainnet on 2.22.2022. Can you please give us some insights on these OVEREALITY CHAIN? What futures does it Entails and would it be possible for us to also participate in your Beta Testing? Lastly,
On your Websites, i noticed that There was No whitepaper Listed on any Option, could you be kind enough as to direct us on how to Get access to your Whitepaper?
Having gone through your Websites and other Social media platforms out there, and with the little information i gathered, i saw that OVERRIALITY provides a platform where everyone will be able to launch their works which will be published to the community, and that you will further promote the selected NFTs through marketing events, community interactions, and IP collaborations. Can you please enlighten us on Processes on how Users can be able to Publish their works in your platform, what are the necessary Requirements for Users to be able to Associate with your Overreality ? And how is this Selection process carried out in other for you to futher Promote these Selected NFTs??
I understand that Overeality have finished their private round of investment and look forward to having their public sale on Jan 11th 2022. You have also developed your blockchain, called Overeality chain, which is under the beta testing phase and will be officially launched as your mainnet soon. And most exciting part is that you just signed a contract with James Rodriguez. Can you tell us more about the Overeality chain? What are the security protocols adopted to ensure safety? When will the Overeality chain be fully launched and released to the general public? Can you please share links to where we can join the public sale?
Overeality is a layer 1chain with low gas fees for millions of mass-market retail adoption, but
The narrative around the growth of layer-two platforms which is aimed to make transactions more faster and gas fees cheaper on the ethereum blockchain is already unfolding, So, is there any plans for Overeality to also adopt The Layer Protocols in The Nearest future? I also saw that you are also in Collaboration with top-tier Celebrities and IPs such as James Rodriguez, what other celebrities are you in association with?
Overeality is a layer 1chain with low gas fees for millions of mass-market retail adoption, but
The narrative around the growth of layer-two platforms which is aimed to make transactions more faster and gas fees cheaper on the ethereum blockchain is already unfolding, So, is there any plans for Overeality to also adopt The Layer 2 Protocols in The Nearest future? I also saw that you are also in Collaboration with top-tier Celebrities and IPs such as James Rodriguez, what other celebrities are you in association with?
Overreality (Cashback) – I learnt in the first nine months since the launch of OVRLAND AUCTIONS there will be a CASHBACK policy for all the buyers that bids for OVRLANDs with OVR TOKENS; thus if I buy an OVRLAND within the Ist month since the launch of the Auctions 30- November 2020- you will be able to claim 95% of what I spent for the OVRLAND after another month; and if I buy an OVRLAND in the second month since the launch of the Auctions, I will be able to claim 85% of what I spent for OVRLAND after another month. Now my question is, has OVRLAND Auction sell over now? Could it be that the 30 – November,2020 date is an error but 30 November 2021 the correct date if so, could you please clarify us on that ? Thanks
OVR operates on a tokenized ecosystem which utilizes (2) two different kinds of Tokens, namely, OVR TOKEN and OVERLAND; while OVERLAND is a NFT (ERC-721) that represents the ownership of virtual lands; and Ovrmarkeplace where Ovrexperience can be created, interact and pay as well as pay OVRcreators to build an OVR Experience for me as well as enables me interact with advertisers to rent out my virtual land in order to earn OVR Tokens. Could you please tell us what could be done on this Virtual Land? What is the OVRExperience all about? What is the use case of OVREXPERIENCE? I understand OVRLands will be purchased with OVR TOKENS and other Cryptocurrencies. Does your ecosystem accepts swapping of other NFTs of other blockchain for OVR TOKENS? could you please detail us the other Cryptocurrencies Overreality ecosystem accepts? Finally, apart from Ethereum (ERC-720), which other blockchain does your ecosystem supports? Thanks
I learnt there is OVR Treasure hunt. Could you please detail us know what the treasures in the Chest are as your website did not disclose but rather provided only steps 1 to Step 6 on how to navigate through the hunt? What are the use cases of the treasures that would be won in your ecosystem? Finally, could you please tell us about your Tokenomics? Thanks
Many projects prefer using DAOs(Decentralized Autonomous Organizations) and not use their subclass DAC(Decentralized Autonomous Corporation).But I noticed that Overality uses DAC,so why did you decide to go for it? What support does Overality DAC provides for users?What are the benefits derived for using DAC and what’s so special about it?Even though DACs are subset of DAO,will you in the future also integrate DAO in your platform giving the fact that not all DAOs are DACs.Please explain Thanks
Many projects prefer using DAOs(Decentralized Autonomous Organizations) and not use their subclass DAC(Decentralized Autonomous Corporation).But I noticed that Overality uses DAC,so why did you decide to go for it? What support does Overality DAC provides for users?What are the benefits derived for using DAC and what’s so special about it?Even though DACs are subset of DAO,I also noticed that you have also integrated DAO in your platform giving the fact that not all DAOs are DACs.How do you control both the DAO and DAC model at the same time?Please explain Thanks
Overality scheduled to begin in Q1 2022 it’s Celebrity and Athlete Endorsements.So tell us how many of this Celebrities and Athletes do you intend to bring onboard to reach greater audiences represented by their fan base?In what different ways will both the Celebrity and Athlete Endorsements benefits your platform?Sometimes it might be a challenge to measure the effects of celebrity endorsements on ones product/services,so does Overality have a system combining quantitative and qualitative measures to measure the overall effect of celebrity endorsements on its products/services given?Please can you tell us if this Endorsements that will take place will involve Celebrities and Athletes around the world or do you have a specific region you wish to start with?Please explain Thanks
Overeality is going to be using Fractional NFTs (F-NFTs) to give everyone an easy path to participating in their favorite creator / celebrity led communities.Rather than needing to own an expensive and very limited NFT users can instead own a small fraction of an NFT which gives them the right to join and take part in that community.Since this is a way to keep the barrier to entry low, with F-NFTs will users be able to assess the market value of the NFT quickly?And will the original owner of the NFT who divides the NFT into fractional NFTs receive a kind of curator fee?How will the fractional NFT be evaluated?Please tell us the additional functionality that will be added to the use of Fractional NFTs. Thanks
You say that Overeality is going to be using Fractional NFTs to give everyone an easy path to participating in their favorite creator / celebrity led communities. The project is aiming to give everyone the BEST way to interact with their idols in an authentic, long lasting, and mutually beneficial manner. Users can own a small fraction of an NFT which gives them the right to join and take part in that community. Could you explain who does the process of acquaring a fraction of NFT take place? Does it mean that all NFTs are divided by X fractions by default? Should the users bid to buy 1 fraction or it has a fixed price?
When talking about big names joining Overeality by creating and propoting their NFTs, we can mention that there are some world known football stars such as James Rodriguez and Jose Mourinho. Please talk more about the industries reflected in your NFTs. Will it only belong to sports and particularly football? Do you plan to cooperate with any actors or singers? How fast will new partnerships and NFT products appear on your marketplace?
Can you share Your opinion about Defi & NFT ? What makes your NFTs rate and special?
What are the steps to become a part of your community, and start getting revenues? Where do we buy, where do we sign up? This looks like an amazing project!
Are you planning to promote your project in countries / regions where English is not good? Do you have a local community for them to better understand your project?
I understand that overeality is a Metaverse community created to bring people together and give everyone a voice.please what are the core features of overeality and how are the different and unique from other project out there?,what are the top priorities for the project this year and what is the main vision of overeality? Can you kindly provide some of the important dates on your roadmap and the details of what to expect?
I learnt that overeality creates an online world that is focused, curated, accessible and driven by people.what have overeality done to reduce the barriers of entry?, what does a user need to be eligible to join the community?, please can you elaborate on your governance model?
I noticed that there are a few hours left to join the “waitlist”. Since we do not have much time, can you briefly explain about the purpose of this waitlist? If we wish to purchase NFTs on your platform, is it mandatory to join this list? You have mentioned that we will be offered “early access to communities” after joining this list. What do you mean by this? Is it similar to a newsletter with upcoming events? Or can we get special privileges by joining the list? Since you are only asking the email address in the sign up process, can a single user create multiple accounts using different email addresses?
It caught my attention that internationally-recognized Colombian soccer player, James Rodriguez and Polaris Sports, the leading athlete rights platform, have joined forces with Overeality. Can you explain about the reasons behind this success? As you believe, what made them to join with your platform? What are the mutual benefits of this achievement? What are your plans to attract more famous people and platforms in the future? There may be users in this AMA who wish to join with you. Therefore, please let them know the procedure of requesting for a partnership.
It seems you have Discord communities for local groups such as Chinese and Korean. Why didn’t you introduce Telegram groups as almost all projects do? Since Discord is not popular in my country, can we create a local Telegram group and request the official status from you? By the way, what have you done to expand the global community of Overeality? What are your marketing strategies? Do you have any bounty programs or ambassador programs? Since I could not find any information on your tokenomics, I am curious to know about your expected expenses for marketing and development purposes.
We know the meaning of the word “reality”. It seems “Overeality” means “something beyond the reality”. Can you clearly explain the exact meaning of the name of your project, “Overeality”? How did this name come to your mind? How is that meaning related to the concepts of the platform? Do you offer a user experience that is beyond the reality?
I have a question related to a statement you have made, “Instead of everything all the time, you only get the best of the best as chosen by the community.” Currently, almost all the projects are community driven. It seems you also allow the community to choose what do they want. Can you explain how does this method work? Do all the members of the community have rights to decide what do they want? Conversely, are there any requirements to be a member who have a right to choose what does he want?
When I try to sign up on Overeality, it asks me for an invitation code. Please let me know what it is. Although it is optional to enter a code, I assume joining with an invitation code may offer privileges like similar platforms do. What type of benefits does Overeality offer for users who have invitation codes? Can any user send an invitation code to a new member? If yes, please explain the procedure.
You say that you are a metaverse community made to bring people together and give everyone a voice. How can you achieve the challenge that each of the members of the Metaverse is heard? Overeality has a DAO mechanism that provides transparency, immutability and autonomy? How is each person taken into account? I mean, the opinion of one user is more important than that of another user? Can you give us more details about this please?
Overeality claims to be compatible with every platform and built for any blockchain, so could you tell us how this multi-chain platform is managed in terms of gas and comissions costs? What are the advantages of having an EVM compatible layer 1 blockchain? Do you have any disadvantages with the layer 2 technologies that already exist in the market?
If there is something about Overeality, it is that it really does not have a specific theme, you have a very diverse community in sports, lifestyle, culture and more, but what are the true use cases of your features? Why would it be convenient for many artists to use your NFT store over other platforms that are specifically dedicated to promoting the success of your careers? Could you give us some examples of the benefits for specific communities?
It came to my attention that Overeality’s core technology is based on an EVM-compliant layer 1 model, custom-designed for the future of fanatical economies. But, we know that ETH has immense network issues that prevent adoption in many cases. With this layer 1 technology, how does Overeality manage to avoid high gas costs and network congestion from interfering with protocols and operations? Do you plan to adopt other technologies in the future? Thank you!
I read that your community-based tokens are designed to ensure sustained fairness over time. My question is, what is the system that has been adapted to these tokens to ensure that this fairness is possible? Does Overeality have a system of gradual redistribution of tokens to the community? What kind of DAO system and reward distribution model have you developed to make this possible? Thank you!
I read on your website that overeality is a metaverse community made to bring people together and give everyone a voice. How do you intend to achieve this goal? You Also mentioned that Overeality is a playland for authentic NFTs, social tokens, and a content-driven metaverse society, all powered by Your own EVM compatible layer 1 blockchain, custom-built for the future of fan economies. What is the main focus and how do you intend to achieve this? What is the function of the overeality blockchain in the economic ?
The existence of smart contracts, even when they are very effective, may have some margin of error or vulnerabilities that they create weaken their barriers, so how can they guarantee their users the effectiveness and real guarantee of security, what events they have scheduled and how would they evaluate the performance and evolution of Overeality in the market during 2021, what are your goals and proposed milestones for 2022?
Name us the main aspects that define Overeality, what possibilities minority users have to achieve crypto capital and become owners of other assets through Overeality, how flexible and friendly this platform can be to promote and attract new investors to the crypto market, What kinds of projects can be launched or incubated by Overeality, why are they interested in bringing celebrities to the crypto world?
Do you consider that social tokens can become popular and become stronger in the cryptographic space just as other tokens have done frequently, What is going to come to the Gamefi space through Overeality, how does it intend to reverse the economy of the fans in Overeality, what is really the essence of its platform and what do you want to achieve through the internet and cryptography?
How far goes the voting power of community members in Overeality? How deep can the platform be changed by the community? And where can only the developers decide? Can the te ban some decisions if they aren’t positive for the platform?
Overeality is the curated metaverse and NFT community, where community members de idd what is shown and what isn’t. In this model the community has a fundamental role, how are the people with voting power chosen? How can you avoid bots or malicious users?
How far goes the voting power of community members in Overeality? How deep can the platform be changed by the community? And where can only the developers decide? Can the te ban some decisions if they aren’t positive for the platform?
Overeality is the curated metaverse and NFT community, where community members de idd what is shown and what isn’t. In this model the community has a fundamental role, how are the people with voting power chosen? How can you avoid bots or malicious users?
Overeality early partnership is with polaris sports -leaders in the representation of athletes image rights. As I know overeality is a community that brings people together with a new form of social token governed by DAO technology, so I was wondering what will partnership with a sport firm got to do with overeality? What value could this formed partnership brings to overeality’s table, what products or services of this polaris sport have you or do you want to integrate into overeality? In as much as you are turning fans into investors are you also turning them into athletes too?
While trying to research more about your project I got captivated by a caption ” we’re turning fans into investors and changing their lives” trying to gather more details on how overeality does this or planning to do this,i saw no further details then I realized your white paper isn’t out yet. So how does overeality turning fans into investors and how does it change their lives? What advantages comes with your project that can’t be found in other projects? In what ways can users earn passive income with your platform? In view to exploring your platform how user friendly is it ?
On January 1, 2022, news broke online that Overeality received $ 5MM from DHVC. This is very cool, but unfortunately there is very little information about your project. On the Overeality website, you can only find links to a couple of social networks and that’s it. Can you share some documents with us? For example White Paper or Roadmap? Why are these documents not in the public domain on your website? This makes it very difficult to learn what Overeality is working on.
With every project, there is always a clamour for improved security and user privacy, and this aspect has proven to be a major strong-put of Overeality. However, from recent community feedback, it was discovered that there had been issues with waitlist Bugs and numerous bug reports were subsequently submitted by the community. Taking this into consideration and examining the general security features of Overeality can you briefly explain the issue as identified, and how was this managed? As a way to better improve security while also, getting the community fully involved, do you have bug bounty programs or reward schemes available to users, and how do you handle critical issues of user privacy, how secured are user information on your platform?
Overeality was recently identified as one of the unique NFT Protocols to keep track on this year 2022. Considering the proliferation of Metaverses, NFTs and Gamefi projects, what sort of innovation do you think Overeality will offer through its products, events, collaborations and community support, and why do you consider the model of people-powered metaverse communities as a “new era” within the ever growing metaverse space? Finally, will you be so kind as to provide a sort of roadmap or guide to help us understand the general projections of Overeality for 2022 and beyond?
I understand that Overeality have finished their private round of investment and look forward to having their public sale on Jan 11th 2022. You have also developed your blockchain, called Overeality chain, which is under the beta testing phase and will be officially launched as your mainnet soon. And most exciting part is that you just signed a contract with James Rodriguez. Can you tell us more about the Overeality chain? What are the security protocols adopted to ensure safety? When will the Overeality chain be fully launched and released to the general public? Can you please share links to where we can join the public sale?
Overality scheduled to begin in Q1 2022 it’s Celebrity and Athlete Endorsements.So tell us how many of this Celebrities and Athletes do you intend to bring onboard to reach greater audiences represented by their fan base?In what different ways will both the Celebrity and Athlete Endorsements benefits your platform?Sometimes it might be a challenge to measure the effects of celebrity endorsements on ones product/services,so does Overality have a system combining quantitative and qualitative measures to measure the overall effect of celebrity endorsements on its products/services given?Please can you tell us if this Endorsements that will take place will involve Celebrities and Athletes around the world or do you have a specific region you wish to start with?Please explain Thanks
We know the meaning of the word “reality”. It seems “Overeality” means “something beyond the reality”. Can you clearly explain the exact meaning of the name of your project, “Overeality”? How did this name come to your mind? How is that meaning related to the concepts of the platform? Do you offer a user experience that is beyond the reality?