AMA Satoshi Club x NexBloc, February 21st

We are pleased to announce our next AMA on February 21st, 2022 at 01:00 PM UTC Time: Satoshi Club x NexBloc

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

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

Part 3: 300$ – A quiz about NexBloc

For more details:
NexBloc Website – nexbloc.com
NexBloc Telegram – @nexbloc
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Posted in Uncategorized

80 thoughts on “AMA Satoshi Club x NexBloc, February 21st

  1. NexBloc is building the next generation of the internet with blockchain DNS (bDNS) at the core and cross-chain interoperability. NexBloc is building into the 5th Industrial Revolution where a decentralized internet enables machine and human interoperability with privacy and identity authentication at the core. Can you please tell us the unique features that makes Nexbloc better than other similar web 3 projects? Can you also tell us about your governance tokens and the extent of rights of holders in decision making?

  2. Staking is one of the ways of getting investors and holding them for long, what are you staking plans on Nexbloc? What are the global marketing strategies on Nexbloc? will nexbloc be holding any sensitization programme to educate the public about the benefits of using the web 3.0 as against the web 2.0 which is not highly secured because so many people are ignorant of this?

  3. I will like to know when and where NexBloc will be launching and have its token sale and its token distribution plan? I will also like to know where and how to follow all updates or upcoming information concerning NexBloc?

  4. NexBloC is a Blockchain-based platform that is building the next generation of Blockchain Domain Name Systems (bDNS) for the future. What are the digital entities that it includes? What does NexBloc aspire to provide to new users? Through what security system will your links be operating to be managed as secure domains?

  5. To meet the revolutionary trends of Industry 5.0, NexBloC ensures human and machine interoperability with privacy protection and identity authentication at the core, NexBloC is a radical departure from Web 2.0 to Web 3.0 in the sense of which makes use of Non-Fungible Tokens (NFT) for domain ownership. Who will be able to access these NFT domains? How can clients buy domains in NexBloc? What are the guidelines to follow? What does NexBloC use Trustless for?

  6. NexBloC will provide the network
    fabric underlying the fully connected Omnichain Ecosystem of the future. This trustless omnichain The interoperability protocol provides a universal and open standard for developers to build secure applications and services that can send messages, transfer tokens, and initiate actions across multiple networks. With a universal messaging interface, smart contracts can communicate across multiple blockchain networks, eliminating the need for developers to write code when building specific string integrations. How will NexBloc execute your transactions? If I buy a domain in NexBloc, do I have full ownership of it or is a part of it still with you? When I buy this domain, do I have to continue paying renewal fees?

  7. Web 2.0 based DNS is a centralized ecosystem where domain owners do not own full ownership of their purchased domains. The way and things are done today, domains are legacy domains on the Internet. How does NexBloC transform this model that is currently being used and what is the product obtained? What solutions does NexBloC present for the domain community and how is it different from the previous ones? Does NexBloC have any GoDaddy extensions or Blue Host? How are possible attacks avoided?

  8. As we well know the centralized DNS is prone to BGP/routing misconfigurations that unexpectedly results in unavailable servers or services and the biggest flaw is the yearly one. maintenance charges with domains registered in web 2.0-based systems, which today are very prone to being breached. How does the eradication of this problem arise? With NexBloC can I eliminate any charges to third party registries? Does NexBloC allow me full ownership of the domain I am purchasing? What are the requirements to acquire these domains? Can I at the same time rent or sell my domain to other interested parties?

  9. The technological world is witnessing a change in the way of things. The rise of the Internet was not without cause. From the primitive age of the World Wide Web (Web 1.0) to Web 2.0, which is widely in use. A simple conclusion is that there is an endless need to improve the web. The rise of Internet users’ insatiable need for content is at the forefront of all reasons. Web 1.0 was the ‘Read Only’ Web that provided Internet users with limited opportunities for interaction. What are the novelties presented by NexBloC and what contribution does it bring to its clients starting from the point of trying to comply with the revolutionary trends of Industry 5.0? Under what premises are your domains currently being managed? Will the creation of this generate any competition?

  10. I’m always happy for the continuous upgrade in Blockchain technology.And in collaboration with the NexBloc which is a timely intervention to our present world, it’s just magnificent. There have been almost 10,000 data breaches involving personal information of all kinds over the past decade.Myself is a victim of this identity breach, which occurs either from organization entrusted with the data selling ones personal data to third party, cybercriminals who gain unauthorized access to the database through hacking, and others.knowing that NexBloc intends providing data sovereignty,how does NexBloc intends securing ones personal data without working hand in hand in partnership with the various Internet organization to provide the necessary security of data for users? Can NexBloc also provide security for individual data that has already been shared with the various centralized internet organizations? Would the NexBloc lead to an increase in the cost of accessing these centralized organizations?

  11. It is said that with the emergence of blockchain technology,an exciting development has taken place in the decentralized world( which is true). And the arrival of the blockchain- based Domain Name System (bDNS) has ushered a new evolution of DNS. Please can you tell us, apart from digital assets being connected to the bDNS, what are other structural and record breaking transformation has bDNS made on the Domain Name System ( DNS) that has been in existence since 1983? In what ways is NexBloc disrupting conventional DNS system? Are you aware that some persons are still using the conventional DNS system? If yes, why do you think they are still using it? And how do you intend introducing the bDNS system to them?

  12. It was said that the functioning of NexBloc is similar to conventional DNS, though NexBloc maps blockchain addresses with human- readable domains. Please can you tell us the similarity in the functioning of NexBlock and the conventional DNS? In what other ways can you differentiate the functioning of NexBlock and the Conventional DNS( aside mapping blockchain addresses with human- readable domains)?

  13. I read an interesting write-up in your medium article about “Children Being Victims of Identity Theft on the Internet”.It is true that adults are not the only ones who are victims of data breeches and identity compromise,children in most private/public schools also suffered from hackers who gain access to their identity,medical records, family’s financial status,birth-dates etc who later monetize their data by selling them to identity thieves on the dark web.So how will this schools whose students/pupils data are stored in the internet get access to NexBloc to secure our children identities?And how does the Decentralized Identifiers(DID) play an important role in securing the identity of both adults and kids?Please tell us if you have any plans to reach schools who uses internet as part of their teaching for the safety of our children.Please explain Thanks

  14. It is stated that people using the NexBloc platform will have the option to lock $NEXB token for a predefined duration to gain access to some “Gated Content” on the platform.So you have draft out the exact amount of $NEXB tokens users are to lock and the how long they are lock their token in other to gain access to the “Gated Content”?If yes,can you share what you have draft to us?And can you tell us what these “Gated Content” are?You also said that the exact amount of tokens and locking duration required for using special domain name will be determined by the system governance.So can you tell us how your system governance works?And what are the different Tiers you have set up in your governance system for users to participate in?Please explain Thanks

  15. NexBloc goal is to unlock the potential of the decentralized web by bringing bDomain usage to all chains and by providing tools to create value,which is indeed a fine goal.But how about integrating the use of oracles for bDomain in your platform?Will NexBloc require powerful Oracles to operate even though domains are stored on the blockchain in other to interact with the outside world?Have you consider using a fast secure data infrastructure like SupraOracles etc that can provide Blockchain hosting services and other services in the internet domain and hosting space the secure,fast and accurate information you need?With cross-chain interoperability, powerful decentralized consensus mechanism etc,how will NexBloc DNS provider create and secure the next generation of internet domains? Please explain Thanks

  16. Going through your whitepaper, I read that NexBloc serve as radical department from web 2.0 to web 3.0 which makes use of Non-fungitible tokens for domain and the most mentioned feature in your whitepaper is Trustless Omnichain interoperability protocol (TOIP), can you explain more better on this feature? How does this protocol related to any form of transaction in your platform? And what are the required data for user application in trustless domain name ownership?

  17. I learnt that DNS serve designed on a centralized system are meant to have single point failure and the biggest short-cominh is the yearly maintenance charges with domains registered on web 2.0-based systems, with the use of blockchain in a decentralized system, what are the amendments provided for these? After buying domain with NexBloc, is there any renewal fee to be paid subsequently? What are the chances of having full ownership of domain with NexBloc?

  18. It is cleared that the conventional domain extensions have .com, .net, .org etc. But with the advancement method of NexBloc, the platform provides extensions such as .lern,  .xdc, is there any unique functionality embedded in each of the extensions or they all have the same? Is there any room for personalized option for extensions and how costly is it compare to others?

  19. NexBloc serve as a blockchain-based platform that us building next-generation Blockchain Domain Name Systems (bDNS) for future, it also included digital entities tied into the DEX web for futuristic personal data protection. With all these aims, how do you plan to meet revolutionary trends of industry 5.0? Is there any machine interoperable impact in privacy protection and identity authentication?

  20. Information was given that NexBloc has functionality different from the conventional DNS in terms of maps chain addresses with human-readable domains, can you explain the provided NexBloc map to us? How many subdivisions does your domain have and what are they represented with?

  21. NexBloc brought an advanced method for people to own domains in such a way that normal extensions will not be used like .com, .org, .uk and others. Can you briefly list and explain your extensions for having domain on your platform? Domain prices are vary depending on the extension it carries, is that also applicable in your platform and is there any chance for customized extensions for interested users?

  22. NexBloC is a Blockchain-based platform that is building next-generation Blockchain Domain Name Systems (bDNS) for the future. It includes digital entities tied into the
    decentralized web for futuristic personal data protection and use. To meet the
    revolutionary trends of Industry 5.0,
    NexBloC ensures human and machine
    interoperability with privacy protection
    and identity authentication at the core.
    How Available, Reliable and accessible is the NexBloC Platform? What are the Main features/ qualities that distinguish NexBloC bDNS from other bDNS? How can users access the NexBloC Platform? In simple terms what are the Terms and conditions attached to using the NexBloC Platform? Is NexBloC only accessible for crypto users or can other users have access to it for other functions?

  23. Going through your comparision chart with other competitors in cryptocurrency market, it was stated that only NexBloc is a decentralized, non-fungible, inter-blockchain and wallet-capatible DNS while others is not compatible with inter-blockchain, can you share with us the development of this chain and how is the inter-blockchain communication protocol working in your platform? With all these achievements, have you gotten any investors attracted to your project?

  24. You analyzed how NexBloc is different from conventional DNS by saying conventional DNS is based on web 2.0 while your platform is based on web 3.0. I read that web 3.0 only makes a different of been portable and personal while 2.0 is wildly read- write but apart from that, what is the main difference between conventional DNS and NexBloc bDNS? If conventional DNS is prone to cyber security attacks, what is protecting domains from attacks in yours? Is there any amendment to the need of accessing a long wallet addresses of the receiver before any transaction of cryptocurrency can be done?

  25. Going through your whitepaper, I found out that there are alot of contract working for each domain (represented by NFT) in NexBloc such as proxy admin, Management, Regustry and Resolver contract, can you briefly give us details about these contract? When each of these contract are designated to be effective? Registry contract is base on ERC-721, can you us the details about the basement of others?

  26. I read that Nexbloc Privacy Policy is subject to the provisions of the General Data Protection Regulation (“GDPR”) and other applicable privacy laws. NEXBLOC agrees that under the GDPR, NEXBLOC is a data “Controller” and you are a “Data Subject” with certain protected privacy rights concerning your “Personal Data.” NEXBLOC will take commercially reasonable steps to maintain compliance with GDPR requirements. Your Personal Data may identify you as a person, and thus may be referred to as Personally Identifiable Information

    Can you tell us more about this?

  27. I noticed on your tokenomics section that Nexbloc will allocate 25% of total token sale to “community reward” which also account as the highest allocation after token sale(30%). Since community engagement is one of the most concept of your project,in what ways, means or channels can the community engage on your project to enhance, optimize and bring it to more light? Do you have a referral program or an ambassadorial program? Or other community programs we can participate? Can you also talk on the token sale, how will this sale be conducted?

  28. From your medium, it is said that in ensuring the protection of players privacy and unrestricted ownership of metaverse NFT in-game assets, Nexbloc stands as one of the leading entities helping to secure the identities and assets of players. So how will Nexbloc help to secure the identities and assets of players? What gaming culture do you have or have created to ensure players identities and assets will be fully secured? Do you also plan of bringing this metaverse NFT games to Nexbloc to help promote a form of financial model for game players and developers?

  29. Focusing on the technical point of view of the NexBloc Platform, NexBloc will integrate multiple Blockchain protocol standards to sit on top of a trustless Omnichain Interoperability Protocol Platform to deliver credible bDNS services at the buyer’s end. Can you share more insight on the different blockchain protocols integrated in NexBloc to sit on Omnichain protocol? can you elaborate trustless Omnichain interoperability protocol? How would Trustless Omnichain Interoperability Protocol work to deliver fully decentralized, fully secure and Credible bDNS to buyers?

  30. Talking about Domains on NexBloc, Each Domain in NExBloc is represented by a non-fungible token (NFT) in a standard ERC-721 contract and users holding the NEXB tokens in their wallet can access two tiers of domains names which are Premium Domain Names and Rare domains names. Can you explain more on the distinctiveness of Domains in NexBLoc to that of other similar platforms? Since Domains will be NFTs in NexBloc, can they be traded, sold, or leased to other users? What are the requirements for users to acquire and fully own Domains in NexBLoc? Can you explain briefly on rare domain names and Premium Domains Name and amount of NEXB tokens users must hold to unlock them?

  31. Talking about the $NEXB token, buyback and burn has been very successful and popular mechanisms in the crypto space which has helped token price appreciation and kept tokens scares However in NexBloc scenario, instead of burning token, they are swapped and returned to the reward pool. Can you explain more on why the NexBloc protocols choose the swapping of tokens and sending them to Reward Pool instead of Burning them/buyback? Can you share more insight on the advantages of Swapping of NEXB tokens and sending them to reward Pool instead of burning them? How would this different NEXB token Protocol help the Price Appreciation of token?

  32. NexBloc Continue to use Parts of the Butterfly Protocol Integration tools and NexBloc will be offering specials ways for BFLY holders to participate in the NEXB token opportunities. Can you explain briefly on Butterly Protocol integration tools and on the parts of the Butterfly Protocol integration tool which NexBloc uses? Can you share on the special ways in NexBloc which BFLY holders can participate in the NEXB token opportunities?

  33. From your total token allocation, you have reserved a portion of 2% for “Future Team”. I am curious to know what do you mean by this future team. Can community members apply for this? If yes, please explain the procedure.

  34. You offer three domains, .xdc, .w3c, and .lern. How do these domains differ? When choosing a domain name among these three, what are the facts I should consider? Can I change my domain later? What is the difference between a normal domain and a blockchain-based domain? Nevertheless, these domains are not popular. Will you introduce more domains in the future?

  35. I read that you provide a user-configurable on-chain endpoint for running an Ultra-Light Node. How does this concept contribute to ensure data safety? If someone does not maintain a website, what are the ways that he can use your platform? Please briefly explain about passive income opportunities you offer.

  36. NexBloc project not only exists for the next-gen platform enabling an easy-to-use blockchain domain naming system but also incentivize platform participants via its reward pool. I read that the reward distribution based on a certain formula which is not clear at all, can you briefly give us the simplest explanation on this reward formular? Is it valid for all the rewards distributed by your platform? And What are the rewards for making purchases and participating in system governance on your plaform?

  37. Going through your paper for the sake of application’s user, I read that user can start searching on the portal for their desired domains and there are also premium domains, I want you to explain more better on the speciality of these domains, what is the benefit attached to them ahead of normal domains? Concerning the bidding which users can make on any premium domains, explain more better on the allowable percent for window price?

  38. On your twitter handle, it was Stated that
    Blockchain industry is now the most poised to deliver a data sovereignty environment, please I would appreciate it if you could Give A clear Elaboration on what DATA SOVEREIGNTY means, and what connection does these DATA SOVEREIGNTY Have with NexBloc?, as i am sure that Most of us have no idea on what it entails, & While doing that, could you also chip in with details regarding Benefits of these DATA SOVEREIGNTY in your platform? lastly, I was also able to Notice that NexBloc Completed An AIRDROP Event on the 15th of February 2022, knowing that these Event and opportunity has Elapsed, what other Incentives do you have planned for both New and Old members of your Community to keep them Engaged? Thank you.

  39. After carefully Following up on your Project, I Observed that NexBloc is bringing Blockchain DNS to the world through omnichain development and integration, With a blockchain based domain naming system (DNS). Now, giving That DNS Servers are an important piece of infrastructure necessary for every company or organizations, i would like to know what you’ve been able to Accomplish and how you intend to Tackle issues regarding the surging problems of DNS, such as “Hardware/Network Failures”, & “Malicious attacks by Hackers”. Do you have any Alternative Security Features to prevent this from happening? Have you platform been Stress Tested? Furthermore, i would like to know how NEXBLOC is different from other contemporary conventional DNS out there?, what Uniqueness does your platform Posses, what sets Nexbloc Apart from its competitors?

  40. Tim Berners-Lee, the inventor of the World Wide Web, refers to Web 3.0 as the semantic web. Tim’s vision of a semantic web is a form of the Internet that is smarter, open to all, and highly intelligent. Web 3.0 is the next stage in the evolution of the Internet, and it is set to go beyond the features of existing Web 2.0. Are the domains offered by NexBloC included in this website? Could NexBloC take attribution and control of my domains? Basically, what is the security of these domains based on? How does NexBloc offer customer data protection? NEXBLOC is one of the leading entities that build the next generation of the Internet, what system do you use for it?

  41. The goal is to create a decentralized web and build a form of the Internet that guarantees 100% data protection of personal data and resistance to censorship. But is NexBloC able to fit into these parameters? How is the information synthesized? How are domains stored? I am interested in sponsoring a bTLD, how can I do it?

  42. You recently conducted an Airdrop campaign with a total reward pool of 30000 NEXB to be Airdroped to qualified participants. I didn’t discover on time because I saw the advert just few days ago and I discovered that winners have emerged already. This is an awesome way to reward the community for their active participation and support. From your tokenomics, I discovered that 25% of the Total Supply of NEXB is allocated for COMMUNITY REWARDS which is equivalent to 22M NEXB for the community. This is a huge supply. I would like to know if there will be subsequent such Airdrop campaigns in the future? Aside Airdrop, what other ways will this 25% allocated supply be distributed to the community? How can I take part in the community participation? Are you active on all social media platforms?

  43. Data security is the process of safeguarding data from unwanted access, corruption, or theft. It can also be seen as the protection of digital data against unlawful access, use, disclosure, modification, and destruction. What are the tools that NexBloc offers to provide security to its users’ data? How is the data protection process? Are these data 100% safe?

  44. NexBloc provides a user-configurable chain endpoint for running an ultra lightweight node (ULN). This degree of security is achieved by doing the same validation as an on-chain light node in receiving and validating each block header for each paired chain on the opposite chain. What is the NexBloc Ultra Light Node? How does the NexBloc Ultralight Node work? What are the characteristics of this node? What benefits come from the NexBloc Ultra Light Node?

  45. NexBloc Web 3.0’s answer to domain ownership lies in the use of non-fungible tokens (NFTs). NFT domains will make NFTs more accessible to everyone, enabling real ownership for life. What is the purpose of the NFT domains developed by NexBloc? What will these NFT domains allow? What are the advantages of NFT Domains? How do they work?

  46. Data sovereignty involves allowing individuals and organizations greater control over their data: the ability to determine who has access to their data, under what conditions, and for what reasons, as well as the right and power to revoke such access at any time. moment What is NexBloc’s opinion on Data Sovereignty? What is the advantage of offering users Data Sovereignty? Why should data be sovereign?

  47. In the era of web3 and Blockchain, digital entities linked to the decentralized web are just the future of personal data protection and use in all industries around the world. NexBloc, a blockchain DNS (bDNS) is building the next generation of the internet to unlock the potential of the decentralized web. What are the innovative features that you plan to introduce NexBloc? What is a bDNS? How does bDNS work? How does this bDNS manage to provide data sovereignty to users?

  48. NexBloc is building the next generation of the Internet with blockchain DNS (bDNS) at the core and cross-chain interoperability. Blockchain digital entities tied to the decentralized web is the future of personal data protection and use”. You recently announced NexbloC partnership with Arcade Network, Partnership with Hybrid Finance (HyFi) Blockchain Can you tell us more about this Partnership? What Features do the Arcade Network and HyFi Block chain have that brought about this partnership? What will be the specifc roles of the Arcade Network and HyFi Blockchain on the NexBloc Platform? What are your future Plans for further Partnership with other Platforms?

  49. The NEXB token is the core utility token of the NexBloc platform, offering discounts to users holding it. The token facilitates additional functions such as rewards for good platform performance of users and access to premium content. Can you tell us more about the Core functions of NEXB Token? Do you have a limit to fee discount or is it dependent on the number of token held by the user? Explain more about your reward pool and how is the reward distribution ? Please tell us more about the 3 stages of Governance on your platform? And how will the voting be done for the stages ?

  50. you say that blockchain domains are connecting digital assets to the bDNS and that anyone can register a digital domain on a blockchain-based bDNS and experience a number of unique benefits with this pre-mainstream ecosystem; but, could you explain more about the benefits that would be gained, what makes them unique and better than the rest and tell us why they provide greater security and greater transparency?

  51. I read that the operation of NexBloC is similar to conventional DNS and that NexBloC assigns blockchain addresses with human readable domains, so what are the unique benefits that these functions bring, why are they better than conventional DNS and tell us, what are the problems you are looking to solve by incorporating human readable domains?

  52. I read that each domain in NexBloc is represented by a non fungible token in a standard ERC-721 contract called Registry Token and that the registry contract manages and owns each registry token, so my question is, do you audit each smart contract and what technology do you use to ensure the security of these contracts?

  53. Do you consider that data security can really guarantee a safer digital world and therefore promote the growth of the financial system, as NexBloc prepares to safeguard the security and integrity of users, will be incorporated into the Gamefi metaverse and the use and management of NFT, what are the milestones achieved so far and what do you want to achieve in the near future and in the long term?

  54. What is the origin of your initial funds, what have been your collection mechanisms until now, one of the current problems worldwide is the saturation of the internet service due to high demand and consumption, how can NexBloc help solve your problem, what are they its technical characteristics in terms of speed, security, privacy and interoperability, which countries will be able to initially have its services and what do you estimate will be its long-term scope?

  55. Can you name us the main characteristics that NexBloc has that make it the next generation of the internet, why do you consider it necessary to unlock the potential of the decentralized web, who do you consider to be your main competitors and how solid is your blockchain structure and capacity to stand out in the market and make a difference?

  56. Competition will always exist, that’s why I would like to know, what are the advantages that NexBloc has and will keep over its competitors, that is, tell us a little about the features that NexBloC has that give it competitive advantages?

  57. I read that the NEXB token is the core utility token of the NexBloC platform, so could you give us the details of this NEXB token, provide us with its features, its total supply, its main basic functions, the scenarios in which NEXB can be used to generate rewards or benefits and also tell us what systems will be used to maintain a growing value of NEXB and if the NEXB smart contract has already been audited?

  58. Having a good security and privacy is one of the features always sought in projects and I have read in your white paper that NexBloC is a reliable platform for entities with enhanced security and privacy, but could you tell us what guarantees these two important features, i.e. what methods and technologies are used to maintain good security and privacy in NexBloC?

  59. having different qualities is what for me makes a project worthwhile, because many times, in this cryptoverse we tend to see projects that are simply copies of others that are already established and popular, so in the case of NexBloC, I would like to know how it differs from conventional DNS, what are its unique qualities and why do you think it brings improvements for users?

  60. I realized that Nexbloc offer a service where an user can have its own Blockchain domain, but is this domain able to connect to several chain networks?

  61. To be honest I’m not a expert in terms of Internet domains, so can you explain us what is the difference between a typical domain or DNS and the model that NXBLOC propose?

  62. Hello!
    Personally, I am a huge supporter of decentralized finance (DeFi). However, there has been lots of criticism as regarding to the fact that the crypto space is becoming more decentralized as time passes by. Around October 2021, Microsoft had issued a Digital Defense Report tagging the “blockchain domain” as a cyber threat due to it’s decentralized nature. First off, how do you feel about this criticism? Considering the fact that NexBloc focuses on DNS, what measures do you have in place to ensure maximum security and secure domain storage? Can you tell us about the domain names that have been sold out as well as the available ones? If I am interested in supporting a bTLD, what does NexBloc require from me?

  63. According with your Whitepaper, In Nexbloc will it be offered “Premium Domains”, so can you please explain us what are the benefits that this premium service have in comparison with a normal domain?

  64. I realized that you are not alone, in fact there exist other projects that they to explore the use of Domais like Unstoppable domains, so can you tell us what are your advantages over other Domain related projects?

  65. Hello NexBloc team!
    Going through your website, i read that the NexBloc seed round is currently live however, I didn’t find any information on how users can participate. So can you tell us- How can I participate in the seed round and when will be the end date? What criteria must I meet up with to participate? Also I understand that NexBloc utilizes a dual token system which are NEXB and BFLY tokens with NEXB being the main governance token, what rewards awaits holders of the BFLY tokens? In what ways can the BFLY holders participate in NEXB token opportunity?

  66. NexBloC utilizes web 3.0, however one major problem with web 3.0 adoption is it’s lagging performance on less advanced gadgets. So can you give us insights on the specifications of gadgets (smart phones and PC’s) that can be used to access the full qualities of the NexBloc platform? Regarding the NexBloc project architecture, Please explain the concepts of “NexBloc omnichain interface” and “NexBloc Plugin” as well as their various operations and functions.
    Thanks!

  67. NexBloc ensures human and machine interoperability with privacy protection and identity authentication at the core, aligned with the standards of the Industry 5.0. What features of Nexbloc use the interoperability among humans and machines, what new uses does it bring to the platform?

  68. NexBloc is a radical departure from Web 2.0 to Web 3.0 because it makes use of NFTs for domain ownership. NFT domains will allow more accessibility for everyone, thus enabling NFTs to be about true lifetime ownership, where they are accessible for everyone. What kind of uses will owners have the possibility to add to their domains?

  69. NexBloc makes use of a Trustless Omnichain Interoperability protocol which is a new industry standard that enables trustlessly direct transactions across all chains. How expensive are these transactions, does the platform take an extra fee?

  70. NexBloc is underlining the importance of its community by BlocHeads exclusively offered to the NexBloc Community as Staking and Participant Rewards. BlocHeads are created for the decentralized community as the only NFT avatar tied to a blockchain domain. You say that they can be earned but I cannot see how. You also mention that BlocHeads can be resold but there’s no mention regarding your Marketplace. Could you share for inputs regarding BlocHeads and their utility for owners as part of community supportive initiative? Thanks!

  71. Your whitepaper says that highly scarce and commercially beneficial tokens can lead to low market liquidity and high price volatility, resulting in deflationary spirals. Highly abundant and not commercially viable tokens can result in severe token price drops. A proper balance is critical. In this situation, could you explain the project economy? How do you plan to 1) Make token value grow, 2) Use the funds collected and report the fonds distribution, 3) Where do you see NexBloc in 5 years? Thanks!

  72. One of the characteristics of NexBloc is that they claim to be censorship free, however I consider certain aspects questionable, since a large part of the data that is handled through the domains is usually easily accessible by external parties, could you tell us what they objectively mean with the concept of censorship free? Does NexBloc have any form of regulation on the domains it sells? Why is this an advantage?

  73. I was looking carefully at your website and I could see that you have a telephone number for user assistance, I would like to know what it is really for? Do you have a physical office that personally attends to the demands of investors? What kind of claims or requests could we make by phone?

  74. After minting domains onto Blockchain, you have scheduled to provide “tools” to manage bDomains. Can you explain about these tools? What is the procedure of managing bDomains? During the fourth quarter of this year, you have planned to “Expand beyond infinity”. What is the meaning of this term? By the end of 2022, what type of developments we can expect on NexBloc?

  75. There are fee discounts based on $NEXB holdings. In addition, premium domains and rare domains will be unlocked for $NEXB holders. My question is, do you consider the same holding amount for both privileges? For example, if I keep 1,000,000 $NEXB in my wallet, do I get both the 33% fee reduction and a premium domain name? What will happen if I withdraw my holdings after receiving a premium/rare domain name?

  76. I saw that your token sale is subject to KYC and AML. Please explain about accepted KYC documents and your AML policies. There will be 4 stages in your sale. What will be the difference of those stages? Is it profitable to purchase from an earlier stage? Let us know more information on your token sale such as supported platforms and minimum/maximum investing amounts.

  77. According to the data of your roadmap we see that for this year you plan “Expanding beyond infinity”, I think it is the most ambitious goal ever seen in a roadmap, could you give us some details of the biggest plans you have for the platform? How do you see the project in a couple of years?

  78. Compared to your competitors, you say in your whitepaper that NexBloc is characterized by being Inter-blockchain, so this being your strong feature compared to other similar projects, could you tell us what benefits this feature offers to the platform?

  79. As NexBloc is being founded as a BVI company in 2021 and you are using Butterfly Protocol and other technology stacks to create custom deployments of bDNS systems. So,why did you choose to use and collaborate Butterfly Protocol? What are the advantages and great contributions that Butterfly Protocol brings to NexBloc?Since you use Butterfly Protocol in your platform,what are the win-win benefits you are dealing with each other and what are the benefits it brings to your users? What kind of technology stacks you deploy to create custom deployments of bDNS system in NexBloc? Could you explain more about the bDNS system in NexBloc and how does this system being implemented and brings a good contribution in entire NexBloc network? Thank you

  80. Hi thank you for brining a beautiful project and easy to understand white paper. All domain will be a NFT right. sale/transfer will be done from buyers so will these be gas fee optimized?

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