Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Ternoa and our guest was . The AMA took place on the 4th of January
The AMA session was divided into 3 parts with a total crypto reward pool of $500
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Telegram&WebSite
Mary | Satoshi Club
Hello Satoshi Club!
We are happy to announce our AMA session with Ternoa! Welcome to Satoshi Club
Mickaël Canu
Hello everyone!
D. | Satoshi Club
our guest today – @Mickael_Canu_AMA !
D. | Satoshi Club
hello! nice to have you here
Mary | Satoshi Club
Hello and welcome to Satoshi Club!
Mary | Satoshi Club
How’s going?
Mickaël Canu
Thank you all for having me
Mickaël Canu
doing well thanks and you?
D. | Satoshi Club
fantastic!
Mickaël Canu
excited for this AMA
Mary | Satoshi Club
We are great and ready to start AMA
Mary | Satoshi Club
So, for the beginning could you please introduce yourself
and tell us more about Ternoa?
Mickaël Canu
Sure!
Mickaël Canu
I am Mickaël Canu, CEO and
co-founder of Ternoa. A little about me, I have been a web developer for over
20 years, with 5 years specifically in tokenization and blockchain.
Mickaël Canu
Previously, I created multiple tech companies and startups.
Currently, I not only work on the vision of Ternoa but also on technical
blockchain executions
D. | Satoshi Club
Awesome!
Mickaël Canu
Ternoa is the augmented NFT blockchain
Mary | Satoshi Club
Great experience to create something special
Mickaël Canu
Our Blockchcain technology adds utility by encrypting NFTs,
adding extra security as well as the ability to store data within an NFT for
the long term.
Then adds the option of sending protocols, meaning the user
can send this NFT, with private data within to whomever, whenever they please,
even after their death!
Mickaël Canu
Our augmented NFTs have an unlimited number of use cases
covering DApps for businesses, games, crypto, and even metaverse/VR oriented
use cases!
Mary | Satoshi Club
How long were you developing Ternoa? Why do we need one more
blockchain?
Mickaël Canu
Ternoa I came up with Ternoa a few years ago after wanting a
safe space to store my data and transmit it to my children in the future!
Mickaël Canu
The blockchain was officially launched in October 2020, it
is powered by Polkadot and built off of Substrate Framework.
Mickaël Canu
Currently it is on testnet, and have our own beta version
Ternoa Wallet application, as well as a few DApps available. Mainnet will
launch at the end of Q1 this year
Mary | Satoshi Club
Ahaha, everything starts with children)
D. | Satoshi Club
Pretty soon
Mary | Satoshi Club
Who are in your team? How big is it? Do you have office or
work remotely?
Mickaël Canu
I am Ternoa’s CEO
Our team has grown from 5 to over 50 collaborators in less than a year, and is filled with international, well-experienced professionals all working together to bring Ternoa’s vision to all corners of the world! You can check out our members here: https://www.ternoa.com/en/team
Mary | Satoshi Club
Awesome! I see that
you have really professional team!
D. | Satoshi Club
That’s impressive, your team has all sort of specialists
Mickaël Canu
Yes, it is very important to us to bring forward the best
technologies and strategies for our project
Mary | Satoshi Club
100% true. Thank you for your intro!
Probably it’s time to move onto the first part of our AMA – questions from our
community . Are you ready?
I noticed that your mainnet will be launched within this quarter. How is the progress of the process? Will it be launched soon? How does it differ from the Testnet launched in last October? What type of features will be added? Moreover, I noticed that your roadmap ends from this quarter. After launching the Mainnet, don’t you initiate any developments to the platform? Don’t you have any longterm milestones? What is the ultimate goal of Ternoa and what are your plans to achieve it?
Mickaël Canu
Yes, our mainnet is coming soon!
Mickaël Canu
these are great questions
Mickaël Canu
Our current roadmap has our mainnet launching in Q1 2022.
This will come with not only the official launch of our blockchain but also 15+
DApps that are currently being built on our blockchain, a new application for
users to manage their time capsules (one of our original augmented NFT use
cases where users can send data to the future). And more!
Mickaël Canu
Our roadmap will be updated starting in february, our team
is currently focusing on developing as many partnerships and NFT Dapp
collaborations as possible to kick this year off well
Mary | Satoshi Club
What are your current partnerships?
D. | Satoshi Club
By the way as i see your roadmap started in November 2020,
with some sort of airdrop. can you tell us about that event a bit? what was
that airdrop all about?
Mickaël Canu
Currently, our blockchain is on testnet, The tesnet is like
a beta version of the blockchain. We are using it to develop and add more
features and allow users to test them. They currently can mint NFT from our
Ternoa Wallet, send and receive our test token, buy NFTs from our NFT
marketplace, etc.
Mickaël Canu
As of now, our users minted 100k NFTs, launched 90 node and
30+ NFT marketplaces!
We currently have over 10 large partnerships with investment
funds like Master Ventures, GD10 Ventures, CoinGecko and so on.
Mickaël Canu
And over 30 partnerships with known international
influencers like Mr. Beast, Romain Lanery, Ash WSB, and other key opinion
leaders. We also have even done collaborations with Binance NFT Marketplace,
MMA Factory, Elrond, and are always looking for new collaboration and
partnership opportunities
D. | Satoshi Club
indeed! users quite engaged in the testing phase
Mary | Satoshi Club
Wow
Mary | Satoshi Club
Can’t wait to see who’s coming next
Mickaël Canu
Yes this was our first event to kickstart the project .
It was a great success and was followed by private sales that continuously
reached their hard caps within a few hours
Mary | Satoshi Club
Thank you for your answers! Ready to proceed?
Mickaël Canu
Yes testnet has been going really well so far, we just
released V2 where users can connect their Ternoa Wallet to the metaverse.
We actually created a new use case for our augmented NFTs,
using them as a key to access private spaces in the metaverse.
During the last quater of 2021, Ternoa rolled out some of the DeFi functions tied to its native CAPS token, and primarily introduced us to its Staking and Farming programs. To this end you launched the Private and Public Staking of $CAPS, with these activities done via Metamask wallet and through AscendEX respectively. Can you kindly elaborate on these programs and features, how do investors provide liquidity on the acceptable chains of BEP-20 and ERC-20? Can you give us a rundown of the expected rewards and APRs that come with this program, and are your plans to expand this DeFi function to other chains? Also will there be future considerations at offering your staking programs on the Ternoa mainnet?
Mickaël Canu
There are a few ways to earn CAPS rewards, currently in
terms of staking, farming and liquidity pools we partnered with other platforms
to provide these solutions:
All these programs will be ongoing until launch of mainnet?
Mary | Satoshi Club
As i see you currently have bridge, so users are able to
send $CAPS from BSC to Ethereum etc. Will this bridge work also with your
mainnet tokens?
Mickaël Canu
We aren’t intending to add DeFi function to our blockchain
(at least for now) This month there will be two new ways to earn CAPS rewards,
either by launching a node, or by participating on our upcoming launchpad
At the moment we dont have a end date for these programs
Mickaël Canu
Yes, interoperability between other blockchain ecosystems is
very important for us and the progress of our project. We actually also have a
CAPS bridge to the Solana ecossytem, and are working with Elrond and Polygon to
create NFT bridges
Mary | Satoshi Club
That’s great fantastic job!
Mary | Satoshi Club
Thank you for your answers! Ready to jump to the next question?
Mickaël Canu
Sure
D. | Satoshi Club
Q3 from Telegram @UncleStrange1
I understand that the Ternoa Application allows users to create “Time Capsules” to encrypt, store, and transfer data in a secure way, and in a long time. These Time Capsules are non-fungible tokens issued on the Ternoa blockchain. Also, a user can store data on the Ternoa Blockchain for a defined period of time, and can access it at any time. Can you tell us the requirements to create a time capsule? What is the maximum period of time a user can store data in Ternoa? Can a user extend the period of time he has? What are the requirements of time extension?
Mickaël Canu
Yes on the Ternoa Wallet you can convert an NFT into a
capsule, and once our mainnet launches at the end of Q1 2022, we will be
releasing our Time Capsule mobile app, which will be extremely user friendly
and allow people of all ages, and all backgrounds (not just crypto) to be able
to create a time capsule, add their private data like photos, documents, wallet
keys etc., then choose a recipient and a
sending protocol.
To generate a capsule we start with an NFT, which will then
be minted by Ternoa Chain. Thanks to this process, the capsule gains the unique
feature of being able to contain secret and encrypted data. Ternoa Chain uses
Shamir’s Secret Sharing algorithm to secure the capsules. The secret is divided
into shares and then sent to different nodes ensuring the perfect
decentralization.
Mary | Satoshi Club
Can you give a simple example how we can use Time Capsule
feature
Mickaël Canu
Users can modify their capsules at any point untit the
sending date the Time Capsule App will
be a completely user friendly process, they won’t even know they are using
cyrptocurrency and blockchain technology!
D. | Satoshi Club
will user be able to make self-destructed capsule? let’s say
if information won’t be unlocked till particular period of time – all that
information inside would be erased somehow?
Mickaël Canu
There are actually 5 different ways to send the time
capsule, so for example a user can add whatever data they’d like (photos,
documents, videos, art etc.) and then choose a protocol:
Mickaël Canu
1. The Death Protocol for postmortem transmission; allowing
users to leave behind important private data for their loved ones to receive
after they die.
2. The Consent Protocol for transmission is based on the
principle of activation of opening by third parties and non-opposition by the
sender; It allows your trusted ones to request access to your capsule at any
time. In the event of no response within the chosen time frame, the protocol
will be triggered and your loved ones will be able to access the content of the
time capsule.
3. The Countdown Protocol for setting a countdown before the
time capsules is sent out; The perfect rescue protocol. This transmission
setting allows you to activate a countdown before sending the capsule. Before
the protocol is triggered, a countdown will start (1 month, 1 year, 10 years,
etc.). If the capsule is not opened within the allotted time, the capsule is
automatically given to the chosen recipients who can then open it.
4. The Safe Protocol to store searchable information in the
form of a digital safe. The best way to protect your data is on the blockchain.
The Safe protocol allows you to store data in a decentralized manner through
the Ternoa Blockchain, and consult and retrieve it at any time.
5. The D Day Protocol allows you to send a capsule to the
chosen recipients by programming a certain date. On that chosen day, the
protocol will be triggered and the recipients will receive the keys to open
their capsule. For example for someone’s birthday or anniversary
Mickaël Canu
sorry, long answer!
Mary | Satoshi Club
But it was worth it!
D. | Satoshi Club
Long but detailed!
thank you!
Mickaël Canu
Again, time capsules are just one use case of many of our
augmented NFTs . You can use our augmented NFTs gaming DApps, even
businesses like hospitals and laywers, or musicians adding esclusive songs
within to auction to their fans etc.
Mary | Satoshi Club
A lot of ways to use
Mickaël Canu
Yes this will be an upcoming feature as well
D. | Satoshi Club
great!
Mickaël Canu
yep, unlimited use cases
Mary | Satoshi Club
Thank you for your answers! Ready to go to the next
question?
Mickaël Canu
yes, let’s see what the next question is
D. | Satoshi Club
Q4 from Telegram User @shitosan
During the year 2021 you in Ternoa launched TernoaWallet, reaching more than 70,000 downloads, congratulations for this achievement! What have been the reasons for the success of this product? What advantages does it offer compared to the countless number of wallets currently on the market? What aspects of your wallet do you expect to improve even more this year 2022?
Thank you so much!
Mickaël Canu
The Ternoa Wallet has been quite successful, it is the first
sneak peek we have given our community to what our blockchain technology can
offer.
Mickaël Canu
On the app we have 2 DApps currently available:
Mickaël Canu
The SecretNFT Marketplace where users can mint their own
NFTs, and protect the NFTs so that only the true owner can see the true art
piece, and or what is hidden within
and Tiime Engine, a crypto faucet where users can complete
actions in exchange for a fake token called Tiime, which is used to earn unique
and limited NFTs
The Wallet app also allows users to test our tesntet, as
well as hold NFTs, encrypt and decrypt them.
D. | Satoshi Club
For now wallet available only in testing?
Mickaël Canu
It has a lot of great functions, but once mainnet launches
its main purpose will be for users to hold and use their CAPS
Mary | Satoshi Club
Will you reward in some way your early testers?
Mickaël Canu
Yep, since we are on testnet, all products are only for
testing
Mickaël Canu
We have rewarded our users already many times with NFTs,
CAPS giveaways, and now users can even launch nodes on our testnet and earn
weekly CAPS rewards
Mary | Satoshi Club
Super
Mickaël Canu
We are very grateful for their help in perfecting our
product, and always find new ways to reward the community
Mary | Satoshi Club
Community is a key to success! Thank you for your answers!
Ready for the next question?
And we now have over 160k supporters across our social media
channels
Mary | Satoshi Club
Wow, congratulations
Mickaël Canu
thank you
D. | Satoshi Club
big thank you for great answers! let’s proceed to the next
question!
D. | Satoshi Club
Q5 from Telegram user @Highpee
One of the unique innovation that you will use to protect artist creation is the introduction of “Secret NFTs”. Can you explain more about your secret NFT marketplace and its unique features that set it apart from other popular marketplaces? Why is it regarded as a secret NFT marketplace when the marketplace is opened and accessible to users? How do artists submit work for listing in your secret marketplace and how will Ternoa blockchain certify, authenticate and tokenise these creations in order to prevent forgery?
Mickaël Canu
The SecretNFT Marketplace is where artists can mint their
own NFTs with unique protection features allowing only the true NFT owner to
see the full quality of the work, and or whatever work is hidden within the NFT
Mickaël Canu
For example, you can add a blur feature over the NFT, or
hide the original NFT behind another NFT. There are many exciting functions.
This helps keep the value of the NFT. We actually also allow users to create
their own NFT Marketplaces now.
Mary | Satoshi Club
Who do you consider to be the main competitor in crypto
industry? Have you licensed your technologies?
Mickaël Canu
People can actually create their own secretNFT marketplaces on our testnet, benefiting from these same features. Once our mainnet launches there will be more features added for example auctions for the NFTs, and more. Create your own NFT marketplace today: https://www.ternoa.com/testnet
Mickaël Canu
we will be releasing a tutorial video soon on how to create
this step by step
D. | Satoshi Club
Secret Network also has their own Secret NFTs, did you hear
about them? they worked with Tarantino recently. in technical aspects what is
the differences between technology that you use and theirs?
Mickaël Canu
Because our blockchain technology can be used for many
different use cases, we can’t identify one main competitor
Here is a tutorial video on how to Mint an NFT on our
network, and submit it to the marketplace
Mary | Satoshi Club
Gotcha
Mickaël Canu
Yes we actually met with them at NFT.NYC this year, we aren’t
direct competitors
Mary | Satoshi Club
Thank you for your answers! Ready for the 6th and last
question from this part?
Mickaël Canu
Yes let’s do it
D. | Satoshi Club
Q6 from Telegram user @Cheriemike
I will like you to talk on “Ternoa Grant Program”.And I noticed the Grant are Categorized into 3, “Researching”, “Development” and “Community”.So can you explain to us the essence of this program?What correlation does these have in terms of new dApps and PoCs?After you receive supports from users,how will the Grant received be distributed to the 3 categories mentioned above?And how will the PoCs selection process be before Grants are given to them?How can interested persons access your “Grant Program” and any rewards for participated users?Please explain. Thanks
Mickaël Canu
Since our use cases are unlimited, we were curious to see
what the community could come up with in terms of DApps using our augmnented
NFTs.
Their project will go through a selection process by the
Ternoa team and our community, then the projects that are selected will receive
funding, tech support, and advice from our company founders to go through the
pogram and eventually launch their DApp in our ecossytem!
Or watch our recent video on it:
https://youtu.be/C3i76q7htjY
Mary | Satoshi Club
Thank you! Could you please share your social media links
with our community, so we will always be updated about your latest news
D. | Satoshi Club
great opportunity for blockchain developers
Mickaël Canu
Currently there are 3 DApp projects going through our grant program, but you can still apply and go through it as well soon we will be launching our Launchpad where our community and CAPS holders will be able to participate in airdrops and other events for these projects! – https://medium.com/ternoa/caps-holders-be-ready-for-january-2022-8d34c612b687
Mickaël Canu
Sure thing!
Mickaël Canu
Stay up to date on
our project by following us on our channels:
Now we came close to the most exciting part of our AMA –
live part! @Mickael_Canu_AMA are you ready for the storm of questions?
Mickaël Canu
I’m ready
Mary | Satoshi Club
Let’s go
Part 2 — live questions from the Telegram community
Q1 from Telegram user @mercy_global
You have announced partnership with French comedian, “Kyan Khojandi” & K1 Fighter “Jerome le Banner”, How important are these collaboration?
Mickaël Canu
These are very important collaborations for our project, they help show real-world use cases of our technology to our community.For example Kyan Khojandi is a famous french comedian and writer, and he recently released his first album. He collaborated with Ternoa to create an NFT for his community to win, which within holds a VIP for life pass, as well as the right to be mentioned in the credits of his upcoming projects. Very cool
Q2 from Telegram user @tomo_fan
In just 2 months, You have minted 100K NFTs,How will $CAPS token be helpful in that?
Mickaël Canu
Yes so this is a great example as to how many CAPS will be naturally used once our mainnet launched. Currently the testnet does not use actual CAPS, but our mainnet will.
It will cost 10 CAPS to mint 1 NFT, so you can imagine with not only the DApps Ternoa is creating, but the 16+ DApps coming as well, as soon as we launch mainnet we will be using a lot of CAPS on the blockchain, and the amount will just keep increasing the more activity and DApps we add to the ecosystem
Q3 from Telegram user @iam12312
Can You please tell more about “CAPSULE CORP LABS”, what role does it play in the Ternoa ecosystem?
Mickaël Canu
Capsule Corp Labs is Ternoa’s incubator. This team is in charge of all DApps created on the blockchain, and collaborations made for DApp and NFT creation. We will be releasing a video soon on our youtube channel officially announcing the launch of Capsule Corp Labs’ website and the projects they are currently working on
You have highlighted that the Ternoa’s fight for creating environmentally-friendly NFTs continues. I would like you to tell us more about this. In what ways does Ternoa help to achieve this? How do you contribute to caring for the environment? I read that Ternoa’s aim is to provide to users augmented NFTs built on an environmentally friendly blockchain, helping community members to enjoy NFTs without having to worry about their imprint on the environment. How is this possible? What tools do you have available to do this successfully? By the way, what positions has Ternoa taken regarding carbon neutrality? Is your website completely CO2 neutral? Have you considered organizing tree planting programs?
Mickaël Canu
Since our project is made for the future, being a blockchain as eco-friendly as possible has always been a goal of ours. Thanks to having been powered by Polkadot and based on the Substrate Framework, allowing Nominated Proof-of-Stake, we are able to offer a blockchain that consumes very little energy.We are based on Polkadot, which consumes just 0.001% of Bitcoin’s typical energy consumption, so you can see how Polkadot is already a big blockchain, in comparison Ternoa ensures more energy-efficient transactions than other blockchains using alternative solutions.
We have also been contributing towards carbon neutrality, making our website completely CO2 neutral, as well as planting trees to help contribute to balancing our carbon footprint. This is just the start! More exciting innovations will come from Ternoa, such as planting more trees, fighting for eco-friendly NFTs, and contributing to an eco-friendly, and productive blockchain for all.
Q5 from Telegram user @krish_crypto22
For what Personal & real world usecase, this technology can be used? Do You think adoption as the big problem?
Mickaël Canu
Adoption will not be a problem as the use cases are limitless and we are already creating NFTs and DApps for real-world use cases!
We have already over 10 different companies ready to launch their own DApps, including Syment – a meeting solution for real estate owners using our NFTs to safeguard their meeting minutes, MMA Factory and known fighter Cyril Gane, creating MMA specific NFT collections and marketplace. Kyan Khojandi as i mentioned before, and a few other international celebrities we are working with as well.
We have also already partnered with notaries to offer their clients post-mortem data transmission options. And are in the process of communicating with hispitals and other businesses and associations.
Q6 from Telegram user @Ecmq10
Hello Ternoa team. From what I’ve read, Ternoa chose to be powered by Polkadot and the Parity Tech group. Can you share with us the reasons why you decided to choose Polkadot and not another blockchain platform? What features of Polkadot caught your attention and helped you make this decision? Of all those reasons, what is the number one and the most important reason why you decided on Polkadot? Were you doubtful when choosing Polkadot or were you 100% convinced that it is the best option? Did you consider any other Blockchain besides Polkadot? Did you feel identified in any way with the vision of Polkadot? What do Polkadot and Ternoa share in common? Thank you!
Mickaël Canu
Choosing to be powered by Polkadot was an easy decision because it allowed our blockchain to be built off of substrate framework, so that it can be built quickly, efficiently and exactly how we would want; and use NPOS (a more eco-friendly solution), and have interoperability between other blockchain ecosystems.
This also allowed us to have high quality storage and security options for our NFTs thanks to the interoperability allowing us to redistribute data to projects specialized in the field of data storage and protection like IPFS, Arweave, Storj and so on.
I can go on about the benefits of Polkadot and Substrate, but I think you all get the picture. We are very happy with our decision and continuously benefit from being powered by Polkadot and built off of substrate.
Q7 from Telegram user @satishgmr
As Ternoa Blockchain is based on substrate Framework & the Polkadot Blockchain.How does this improves the security?
Mickaël Canu
Thanks to being powered by Polkadot and built off of Substrate, we are able to utilize other blockchains specialized in their fields to provide the best security.
To be more specific in terms of security, when the capsule is created, the application account will generate asymmetric keys and Shamir’s secret keys to guarantee the maximum level of security of the data and access to the capsule.
Only the owner can access it before the transmission protocol is triggered. The primary shard is transferred “Off-Chain” and is also Secured by Intel® SGX: Ternoa provides a unique way to secure the data content in NFT by using multi party cryptography and through the use of Intel® SGX secure enclaves.
Our project has been previously audited and our token was validated in early February by the world famous Certik Foundation.
Q8 from Telegram user @Xusuo
So which CEX and DEX that already provided with $CAPS token from Ternoa? are there any other Private Sale from $CAPS? thank you
As You have already Created more than 16 Dapps with Companies & Celebrities.How will You try to increase this number even more?
Mickaël Canu
Our team is very focused on finding the best quality, most innovative DApp options as possible for our ecosystem. We are constantly creating new partnerships and seeking out new companies to create DApps and NFTs with. This will be also thanks to the Capsule Corp Labs which will handle the collaborations and partnerships. More details to come!
ALso thanks to our Grant Program we will have a constant flow of ideas from our developer community
Q10 from Telegram user @Rinkus987
You have Said that In regards to advancements in the augmented NFTs, You are planning to Launch the new LAUNCHPAD In January 2022 , Could you please tell Us More about the LAUNCHPAD and How it Will Be Best from other Launchpads ?
Mickaël Canu
The launchpad will be a great way for our community to not only earn CAPS rewards but also see which DApps are being created in the Ternoa Ecosystem and support the ones they prefer.
Daily airdrops HUGE Investment advantages Support DApp creation on Ternoa Blockchain Boost $CAPS value
Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Metarun and our guest was . The AMA took place on the 2nd of January
The AMA session was divided into 3 parts with a total crypto reward pool of $500
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Telegram&WebSite
Jonah 🏅🎹
| Satoshi Club
Hello Dear satoshiclubbers Happy New year to you all, and
welcome to our first AMA session of the year..
Pavel P
Good day everyone and welcome to our first AMA in 2022!!!!!
Jonah 🏅🎹
| Satoshi Club
Our guests today from Metarun are @KryptoGyo @MatijaRosovic
and @Martina_Andjelkovic
Noman
Hello Everyone, thanks for having us and Happy New year from
METARUN (previously GoFungibles) team and community
Martina Andjelkovic
Hello guys!
Jonah 🏅🎹
| Satoshi Club
Hello welcome to satoshi club..
Matija Rosovic | Gofungibles.com
hi guys nice to be here
Pavel P
Hello guys! Glad to see you here today!
Pavel P
How are you doing?
Jonah 🏅🎹
| Satoshi Club
Nice to have all of you here Happy new year to you all
Noman
Glad to be here and i am doing great thanks , how are you ?
Pavel P
We are excited to see Metarun here today!
Noman
Excited for 2022 and what it will bring for GameFi and NFT
ecosystem
Jonah 🏅🎹
| Satoshi Club
We are equally Excited, this year sure has a lot of huge
surprises
Jonah 🏅🎹
| Satoshi Club
Let’s start our AMA..
Noman
oh yes and you will be hearing about us alot in the coming days and weeks
Noman
yes please
Jonah 🏅🎹
| Satoshi Club
Can you introduce yourselves to us, your roles in Metarun,
how you got involved in crypto, and how the Metarun project started..
Matija Rosovic | Gofungibles.com
Hi I am Matija Rosovic the CEO of Metarun previously
Gofungibles
Noman
Sure, I am Noman , Co-founder and COO @ METARUN (previously
GoFungibles). Co-founder, advisor, and board member of multiple DeFi and GameFi
projects. Gaming Enthusiast, passionate, and extremely curious about Blockchain
and NFT technology. I have been an entrepreneur and cryptocurrency investor
since 2013 and involved in crypto gaming, fintech, and DeFI space since 2017.
Matija Rosovic | Gofungibles.com
I have worked in the real commodity trading and financial
world for the past 11 years. Graduated from law school, building my thesis on
commercial law and finance instruments. Worked for the LME stock exchange and
was an advisor for some of the top EU metals suppliers. I have been investing
and trading in crypto since 2018—a big fan of crypto, NFTs, and DeFi. During my
last year in the financial world, I noticed a significant shift from
traditional banking to crypto markets and crypto services.
Martina Andjelkovic
I am Martina and I am the CMO of the Metarun! In love with
cryto and in happy marriage with digital marketing (12+ years)
Pavel P
That’s quite diversified as an experience!
Matija Rosovic | Gofungibles.com
I have been involved and invested in the crypto market for
the past 4 years now. I have been more involved in the Crypto markets since
2018, when I caught the Market drop at 4000. Being a trader myself I was
looking to enter the crypto markets but was too late during the 2017 Hype.
Since joining in 2018, I have been a regular trader, investor and
cryptocurrency, and blockchain enthusiast since then. I turned my focus to NFTs, and DeFi in the
last couple of years as, in my opinion, the underlying technology is the future
of finance, trade, and gaming. I am
always fascinated by the idea of decentralized platforms enabling ownership and
exchange of digital assets between two parties without the involvement of
intermediaries or centralized entities by adopting technologies like blockchain
and smart contracts. The form it has and the instruments available to us will
be noticed in our idea and project that is the Metarun.
Noman
Well, like others, I heard about crypto through word of mouth and did some research on Bitcoin in 2012-2013 and was fascinated by the idea of a decentralized financial system. Invested in Bitcoin and then later on Ethereum in 2016. Being a gamer, I was equally fascinated by the concept of truly owning your in-game assets. We saw a need for an actual play-able game with NFT assets and traditional graphics on mobile platform, so this is where the idea for our METARUN project was conceptualized I love the journey so far, and I think we are only just getting started
Jonah 🏅🎹
| Satoshi Club
You all have great and Excellent backgrounds
Martina Andjelkovic
Thank you
Jonah 🏅🎹
| Satoshi Club
Excited to see how far this journey will be.. Great Job
Jonah 🏅🎹
| Satoshi Club
Can you please give us a brief description of what Metarun
is all about, and it’s unique features?
Noman
Yes sure, we will try our best to keep it to the point and not too long or boring but no promises
Jonah 🏅🎹
| Satoshi Club
Take your time..
Pavel P
Let’s keep it briefly not to respond to all of the questions
from our community that are still to come here very soon…
Noman
Got that
Matija Rosovic | Gofungibles.com
Project METARUN (Previously Gofungibles) is building a
sustainable multi-chain environment for gaming and non-gaming individuals to
enjoy a part of the crypto ecosystem with NFT assets and its native ERC-20
token $GFTS. It has a simple recipe integrating a casual but addictive endless
runner mobile game model with a play to earn mechanism.
We have thoroughly surveyed the current market landscape and
existing (partial) competitors. METARUN
was born out of a legitimate need for an actual playable mobile game
with a play-to-earn mechanism and an existing gap within the NFT, P2E
ecosystem. Unlike most of the current crypto games that are either
auto-battlers or pc focused with high entry barriers, METARUN is poised to tap
into mobile gaming with an innovative yet straightforward play-to-earn economy,
addictive and competitive gameplay, high graphics, and guild systems.
The platform features a gamer’s focused NFT marketplace and
a play-to-earn multiplayer mobile game “METARUN” with a comprehensive
and inclusive low entry barrier, upgradeable NFT assets, stunning visuals,
conventional gameplay mechanism, and in-game rewards. It is built entirely by
our proficient and talented in-house team. The game prototype will be available
for Android after IDO as an APK file. However, it will also be launched on
Google Play Store and Apple Store. The gameplay video can also be seen by
clicking on this link: https://gofungibles.com/metarun/index.html.
Noman
Noman
This small gameplay video shows that we have already
developed the multiplayer system aswell, which will be polished before the
final game launch. Graphics and everything you see now will be improved , also
one of the reasons we decided to go with the popular Endless runner Genre as i
am a huge fan of endless runner games such as subway surfer, Temple run,
Jumanji.
Game Features:
Upgradeable NFT characters
Popular Endless runner Genre based game on Mobile platform
Ability to earn rewards by playing single player mode
Multiplayer PVP mode
In-game item shop (NFT marketplace)
Guilds system
Skill required to win matches
Noman
Done btw
Pavel P
Nice graphics!
Jonah 🏅🎹
| Satoshi Club
This looks great
Noman
Thank you this is the concept art and style we are going for
soon
Jonah 🏅🎹
| Satoshi Club
How many members does your team currently have?
Matija Rosovic | Gofungibles.com
All together we are a group of 25 people working on this
project in various roles. The core team can be viewed on our website the others
consists of game developers graphic designers community and marketing managers.
The game code is our own in house team achievement
Pavel P
Wow! The team is huge!
Pretty sure it will bring great results finally!
Jonah 🏅🎹
| Satoshi Club
That’s an impressive number..
Matija Rosovic | Gofungibles.com
We are proud of each and every one. We have achieved so much
in so little time
Jonah 🏅🎹
| Satoshi Club
Thank you for this introduction
Jonah 🏅🎹
| Satoshi Club
Right now we will like to proceed to community questions to
get more understanding about Metarun are you ready for them?
Matija Rosovic | Gofungibles.com
Fire away
Pavel P
Q1 from Telegram user @thisistoyin
I saw that, METARUN game is a feature-packed endless runner game with both single and multiplayer modes, which the game would have Levels, my Question is this, are users expected to purchase a Their Avatars? what Tasks do players participate in, in other for them to earn the in-game Currencies & rewards & these Game levels have various artifacts in abundance that players can collect, can you please tell us little about this Artifacts? Would it be in form of NFTs or A token? What would the Artifacts be used for? & Are players going to race against each other? And i also understood that the Metarun would be played in Levels, how many levels are there in the game? And what are users supposed to expect in these levels? Are users expected to pass a Certain level before advancing to the next? Or everyone can Play any level at his/her Convenience?
Noman
Great question,
Every In-game character is an NFT asset that can be
upgraded/customized using gemstones, in-game virtual currency, and our native
$GFTS token. The currency and $GFTS will be used to customize and upgrade the
characters. Atrifacts will be NFTs that players can collect just by playing the
single player mode, these artifcats can be combined to create a new and rare
NFT which can be used to grant limited time boost to your character or can be
traded on our NFT marketplace.
Other notable features incorporate a guilds system and a
multiplayer PVP mode where players test their skills against others and earn
in-game rewards. Upgrading your character will grant an advantage over other
players, making it slightly easier to clear levels.
Our users will be able to feature their NFTs/crypto related
content on the static banner ads spaces placed on the side of buildings and
bridges within the game. There will also be a NFT leasing system where players
can lease out their NFT characters to 3rd parties via smart contracts.
Noman
Also its an endless runner game, the levels will become
harder to clear as you progress and advance on them with harder to kill enemies
Pavel P
Do the players need to buy any NFT or basic hero to start
playing?
Noman
Yes they will have to, but the cost will be kept at minimum
to avoid high barrier of entry. At the end of the day those NFTs will be
upgradeable and will become more valuable as you upgrade them to hight levels.
And we may airdrop playable NFT
characters to our initial users so make sure to follow our social media for the
announcements
Jonah 🏅🎹
| Satoshi Club
How many levels can the NFT’s be upgraded to?
Pavel P
Satoshiclubbers, please take notes as this is a very
attractive game model to play!
Noman
This is something our developers are still working on, we
only started developing the game around 3 months ago and will launch the game
to community for testing before releasing it with the in-game economy. We will
adopt and improve based on the community feedback.
Noman
We are testing few upgrading models to see which one will be
best suited for our gameplay style
Jonah 🏅🎹
| Satoshi Club
Taking the community along is very Relevant..
Jonah 🏅🎹
| Satoshi Club
Thank you for your Answers
Noman
exactly but the time between test product and Demo version will only be few weeks
Matija Rosovic | Gofungibles.com
our community happiness is our only benchmark for success
Jonah 🏅🎹
| Satoshi Club
I’m sure that will be an interesting week for your community
as they will get to test the products to get all their needed functionalities
working well
Jonah 🏅🎹
| Satoshi Club
Ready to proceed to next question?
Noman
yes please
Pavel P
Q2 from Telegram user @NataliyaKil
I learned that earlier on the GoFungibles platform, we could meet several functions for NFTs: Fractionated NFTs, Collateralised NFT loans, NFT Leasing, NFT Farming and Staking, Cross-chain NFT Bridge, and Artist Donations. Can you describe the highlights of each of these features? Has anything changed after renaming GoFungibles to Metarun? Thank you.
Matija Rosovic | Gofungibles.com
I will keep it short and sweet so that it’s easy to
understand. Yes, that is correct. Our team is working tirelessly to achieve
everything mentioned in the whitepaper. We will develop these features in-house
and also partner with other projects that offer similar features to launch them
on our platform sooner rather than later.
Highlights of these features are as follows:
– NFT leasing – Lease your In-game NFTs at a fixed price or
receive a portion of revenue % earned by your NFT characters. Art NFTs can also
be leased out which can be used in Different metaverses for showcasing.
– NFT lending- Use your NFT as collateral to take a loan
from our NFT lending protocol. DAO decides which NFTs will be eligible for
Lending.
– NFT Staking and farming – METARUN brings additional
liquidity to NFT assets by enabling users to stake their valuable NFTs while
farming platform tokens and rare NFTs.
– Cross-chain NFT bridge – Bridge your NFT across different
chains to access wider markets and liquidity. Our First-off its kind NFT bridge
reduces the bridging costs by 10x.
– Fractionalized NFTs – This is achieved by enabling owners
to split their ERC721 token, generally known as NFT, into ERC 20 Tokens or
Fungibles tokens. NFT is locked into a smart contract, and the fractionalized
sections of that NFT can then be traded on our in-house NFT marketplace
Pavel P
Is Metarun DAO already created and functional?
Noman
No it will be something that is on ur roadmap for the future
as part of the expansion plan
Jonah 🏅🎹
| Satoshi Club
Do the NFT owners get the privilege of deciding how much %
they get for leased NFT’s?
Jonah 🏅🎹
| Satoshi Club
Talking about the % of revenue Earned by the NFT characters
Noman
it will depend on the value of the NFT and the level they
have been upgraded to, and we as a
platform will set this percentage into a smart contract
Jonah 🏅🎹
| Satoshi Club
Thank you for your great answers
Jonah 🏅🎹
| Satoshi Club
Ready for next question?
Matija Rosovic | Gofungibles.com
sure go for it
Pavel P
Q3 from Telegram user @Anne_Tim
While exploring Metarun’s Marketplace we can see that its main goal is to empower users to leverage NFT tokens on the platform and give creators, collectors, and investors an easy way to gain ownership of digital assets in a new DeFi market. Metarun aims to expand DeFi functionalities to offer NFT-collateralized lending and other financial instruments that underwrite NFTs. When you talk about the PROs please also share the conditions set to create NFTs, taxes applies for buying, selling or fragmental ownership of NFTs. What is the starting price for NFTs placed on your Marketplace? Thanks!
Matija Rosovic | Gofungibles.com
We are launching on polygon and will be offering free
minting initially alongside a lazy minting option on Ethereum to avoid high gas
fees. We as a platform will charge a low fixed percentage on each transaction
which can even be reduced if the $GFTS is used as a payment method.
Owners will be able to set their own starting price for
newly minted NFTs and any royalties they wish to obtain from the future sales
of their NFTs.
Jonah 🏅🎹
| Satoshi Club
It’s important to know that the owners will have the
privilege to decode on the starting price and royalties
Jonah 🏅🎹
| Satoshi Club
Let’s proceed to next question?
Noman
Yes and we will take necessary steps to onboard and
encourage new artists to create NFTs on out platform by offering “No
platform fee” for a period of time
Noman
yes please
Pavel P
Q4 From Telegram User @Cheriemike
Concerning your tokens $GFTS and $GT,you mention that $GT is a virtual currency that may be used for a variety of reasons within the game.So can we get to know the variety of reasons players can use the $GT currency for?You also said $GT can be swapped for $GFTS,will users have to pay a kind of fee as they swap each token?$GFTS can be staked to compete with other players in multiplayer mode,so can we get to know the exact amount to stake before players can compete with co-players?Since your IDO is around the corner will both token be released in your IDO or will it just be one?Will it also be possible that Players can earn $GT when they stake $GFTS?Please explain Thanks
Matija Rosovic | Gofungibles.com
GT is just in-game virtual currency, not a token. It will be
used to customize your character and will be swappable with $GFTS using
price-oracles. Like mentioned above.
Initially, we will launch the game without an in-game economy while we gather
feedback from the community and finalize the numbers to create a future-proof
in-game token and NFT economy. A small
amount of $GFTS will be required for participating in Multiplayer PVP mode as
initial match fees. A reward pool will
be created for each match from that fee.
Here are some of the $GFTS token utility in the game:
Runners can gain an advantage over other players by
upgrading their characters with $GFTS
$GFTS is utilized to acquire gemstones, applied for
temporary power boosts and character customizations.
Spend $GFTS to acquire ad spaces on in-game map assets.
Participate in multiplayer PVP mode with $GFTS and maximize
in-game rewards.
Jonah 🏅🎹
| Satoshi Club
Can you share with us the tokenomics of $GFTS
Noman
We will launch staking/farming using $GFTS after IDO and TGE
Noman
Noman
Jonah 🏅🎹
| Satoshi Club
Thank you for sharing
Noman
Here is vesting schedule aswell and our intial Marketcap is
just $479,200
Pavel P
There’s a place for growing left!
Jonah 🏅🎹
| Satoshi Club
Exactly… There’s room for tremendous growth
Noman
Yes and our future plans are pretty big too, we are creating
this Multivers/metaverse, details will be announced after the launch of METARUN
Jonah 🏅🎹
| Satoshi Club
Btw at what ratio will GT be swapped for $GFTS?
Matija Rosovic | Gofungibles.com
Stay tuned boys for all the announcements
Noman
Again that’s something we are still working on and testing
few possibilities . First we are focused to launch the game to community for
testing with marketplace on polygon so our Investors and users know that we can deliver and not just a project on
whitepaper
Jonah 🏅🎹
| Satoshi Club
Thank you for your great answers
Jonah 🏅🎹
| Satoshi Club
Ready for next question?
Matija Rosovic | Gofungibles.com
Yes lets gooooo
Pavel P
Q5 From Telegram User @iceVermithraxx
Ethereum Gas fee is an ongoing issue plaguing the NFT ecosystem and it sometimes cost artists more to list their NFT than the assets hence discouraging the talented artists from listing their art on an NFT Marketplace, I understand that in order to combat this issue, GoFungibles introduced “Lazy Mining” also known as “mint in time”. Can you elaborate on the Lazy Minting and its features? what are the requirements for users to access and use the “Lazy minting” and its full features? Can you also explain on how lazy minting aims to solve the ongoing issues of High gas fees on Ethereum network? how would the “Lazy Minting” in GoFungibles work to reduce cost of Artists listing NFT on an NFT marketplace?
Noman
Yes exactly as we know that gas fees on Ethereum are crazy
right now and untill we have Ethereum 2.0 with POS , we will have to use
features such Lazy minting to avoid those fees. Lazy minting is a feature that
allows artists to list their NFTs and mint only if the NFT is sold. Even then
the cost of minting can be entirely on buyer. This is done to promote new and
upcoming artists so they dont get scared of high barrier of Entry on
Ethereum.
Even then we will encourage our users to utilize polygon and
benefit from extremely low or even free gas fees option, and if they want to
port their NFT on Ethereum Mainnet for any reason, they will be able to using
our NFT bridge.
Pavel P
So, everything done to decrease users’ charges!
Jonah 🏅🎹
| Satoshi Club
But in this scenario will the minting fees not be expensive
for the buyer?
Noman
Yes that is the plan we have.
Matija Rosovic | Gofungibles.com
Everything done to give everyone a chance to show their
talents and reach out to the world
Pavel P
That’s the driving power, I see!
Noman
Yes that is true and that is the reason we will encourage
sellers to use polygon as it also supports ERC 721 token standard
Jonah 🏅🎹
| Satoshi Club
Great this will be their choice then..
Jonah 🏅🎹
| Satoshi Club
Thank you for your superb answers
Noman
it was a pleasure, your community is super amazing and informative and i like that very much
Matija Rosovic | Gofungibles.com
Thank you for making the right questions asked and thanks
for the great community knowledge about the current status of crypro ecosystem
Jonah 🏅🎹
| Satoshi Club
Thank you for your compliment… They are indeed amazing
Jonah 🏅🎹
| Satoshi Club
We have the last question for this part knocking on the door
Pavel P
Let’s move to the last question of part 1!
Jonah 🏅🎹
| Satoshi Club
Shoot it..
Noman
yes please
Pavel P
Q6 From Telegram User @Highpee
The total supply of GFTS token is 1 Billion, but you said your token is designed with a conditional decentralized minting option. This implies that the team can invoke the smart contract for additional token minting when some set of conditions are triggered. Can you explain the situations that may result in minting additional tokens and how you will ensure that embarking on extra token minting will not impact on your token price? And since you call this a conditional decentralized minting, how is the decision to mint extra tokens arrived at and how will you ensure that this will not be abused to expose other token holders to risk of exploits and hacks?
Noman
We initially decided to include this as our ecosystem will
be expanding, and $GFTS will be used in the game and marketplace aswell. We
also plan to launch more games with $GFTS token and there could be a need for
more tokens if the supply is running low as there will also be a burning
mechanism to keep the ecosystem healthy.
however this minting will only be utilized to refill the
ecosystem fund and reward pools. This
minter will be utilized via smart contracts where supply can only be utilized
for the benefit of the platform and community and no supply will ever be
granted to the team or anyone else. we have fixed supply for team and other
portions of the project.
This minter functionality is being tested and worked on ,
and we will have a community vote before actually implementing it, and if the
need is not there, then we will not utilize this feature.
Jonah 🏅🎹
| Satoshi Club
There is quite a lot to look forward to in Metarun
Jonah 🏅🎹
| Satoshi Club
Thank you for providing us with great answers to our
questions
Jonah 🏅🎹
| Satoshi Club
Our community members have Great questions for you and they
are very eager to ask you directly..
Noman
yes lets go
Jonah 🏅🎹
| Satoshi Club
In this part you will select 10 amongst the many great
questions to answer..
Pavel P
This is going to be a FIRE!
Pavel P
Please wait till we close the chat back before answering!
120 seconds given to our community to ask their questions.
Jonah 🏅🎹
| Satoshi Club
Opening chat now..
Part 2 — live questions from the Telegram community
Q1 from Telegram user @Crypto_84
I Read that the IDO round is going to start from January 11th, What is the Whitelisting process & how can anyone join it?
Matija Rosovic | Gofungibles.com
The IDOs will be done most probably the 24 and the 25th of january we wanted to take the extra time to manage to best of our abilities the marketing activities with the community and the launchpads. Please stay tuned for all the announcements on our twiiter chamel and telegram
Q2 from Telegram user @Silica432
I Found that The Main Token of the METARUN Is the $GFTS TOKEN , Will you please brief me Some of the Prime Uses and Utilities of the $GFTS TOKEN and How Can User get this token ?
Noman
Here is some of the initial token utility which will expand and improve over time, TGE is yet to happen but we will be conducting the IDOs soon on GameFI, Redkite, Moonstarter, Scalwswap, Oxbull, Gamestarter
Q3 from Telegram user @Ble73
I Found that the GOFUNGIBLES has Announced the Closure of its $4M Private Fundraising Round , Will You please talk More about the FUNDRAISING ROUND and WHo were the Key Investors of this FUNDRAISING ROUND ?
Noman
Our backers and investors
Q4 from Telegram user @Tommy_UK
As Metarun has received an Ecosystem grant from polygon, how will this grant from polygon help the Ecosystem?
Matija Rosovic | Gofungibles.com
Having the polygon team back us up will increase the sucess of the project minimazing the errors and bugs in the code. Having their support means a lot for the future implementations of features and expansion plans
Q5 from Telegram user @munishgmr
As Metaverse ecosystem is really Growing Bigger with time, Was this the reason You rebranded the Project name & used “META” into it?
Matija Rosovic | Gofungibles.com
METARUN is onlz a steping stone in a project expansion plan we are planing for the future . The game will be one of many games avaiable on our platform for the user to interact with having the possibility to use their own NFT assets in all of the games involved in our METAVERSE
Q6 from Telegram user @alicandogan9
What is your focus for Metarun game, is it just to make money on the game or is it player-oriented and to give players a good gaming experience with Metarun? Will your main target audience be amateurs or professionals?
Noman
it will be player oriented and for that we are partnering with major E-sports organizations and influencers with over 2 million followers each to promote our game to crypto and non crypto gamers. Endless is popular with both amateurs and professionals and METARUN will also have leaderboard system
Q7 from Telegram user @Kabirkapoor9
When will Metarun reveal its Strategic Partners? Is there any plan you guys have scheduled for this purpose?
Noman
We already have started revealing our backers and partners, you can find more info about them on https://twitter.com/MetarunGame
Q8 from Telegram user @iam12312
In Traditional gaming there is a Game ” Temple run”, How is Metarun Different from that game? What benefits users will have for playing this game?
Matija Rosovic | Gofungibles.com
Having the gaming blockchain ecosystem saturated with auto battlers and space explorers we wanted to add a game where actual skills are necesary to obtain a high level of character levels adding to the addictivity of this simple concept I am sure everyone will want to give it a shot
Q9 from Telegram user @cryptorocks_12
Does Players Can Expect to See the MOBILE VERSION Of the METARUN game ? Do you have any Plan to Introuduce it on the APP STORE and GOOGLE PLAY STORE ?
Noman
Our game is a mobile game, initially will be launched as an APK file for android then launched on google playstore and apple store at a later date
Q10 from Telegram user @isabella_blackk
What are your plans so that players do not get bored with Metarun game, do you plan to organize global events in Metarun game and airdrop events where players can meet their material, moral, economic and entertainment needs?
Matija Rosovic | Gofungibles.com
The multiplayer system and guilds integration will make sure that we keep a high lele of involvment and lets not forget its a play to earn economy only the best will receive the best rewards
Part 3 – Quiz Results
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.
For more information and future AMAs, join our Social Media channels:
Part 1: 50 /5 users – We’ll select 5 questions from the community. A user can post maximum 3 questions. 5 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 50/5 users – Open chat for 120 seconds. You can post Max 3 questions. Uniarts Network Team will select 5 questions and answer them.
For more details: Uniarts Network – @uniarts Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Alex Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Alex
For more details:
Alex Website – alexgo.io
Alex Telegram – @AlexCommunity
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
