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. Dark Land Survival Team will select 5 questions and answer them.
For more details: Dark Land Survival – @DarkLandSurvival Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish
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. Dark Land Survival Team will select 5 questions and answer them.
For more details: Dark Land Survival – @DarkLandSurvival Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish Indonesia – @satoshi_club_indonesia
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 5ire Chain and our guest was . The AMA took place on the 16th of March
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 5ire Chain! Welcome to Satoshi Club
Jonah 🏅🎹
| Satoshi Club
Our guests for today are @hedonistmarketer, @utkarsh_5ire
Mary | Satoshi Club
@hedonistmarketer, @utkarsh_5ire welcome to Satoshi Club
Jonah 🏅🎹
| Satoshi Club
Hello welcome
Utkarsh | 5ire.org
Hi everyone!
How are you?
Aman
Hey
How is everyone?
Jonah 🏅🎹
| Satoshi Club
Doing very fine, we are glad to have you both here
How are you doing today?
Mary | Satoshi Club
Hello! We are fine, excited to hear more about 5ire Chain
Utkarsh | 5ire.org
Glad to be here really.
We’re excited to tell you more.
Lets go!
Mary | Satoshi Club
We are happy to see you here today as well! Let’s go
Jonah 🏅🎹
| Satoshi Club
And we are super excited
Mary | Satoshi Club
We will start with intro!
Could you please introduce yourselves and tell us more about
5ire Chain i
Utkarsh | 5ire.org
Yes, ofcourse.
Aman
I work as a Marketing Manager for 5ire,closely with 5ire’s
CMO.
I have been into affiliate marketing, ecommerce, native
& google advertisement since 6 years. I was introduced into the crypto
space few years back and there’s no turning back since then. I love it here
Utkarsh | 5ire.org
Well, I have been into internet marketing for more than 6
years and have had experience running native, affiliate, facebook, adwords etc
before I joined 5ire last year.
Mary | Satoshi Club
Ahaha, yes i understand you
Jonah 🏅🎹
| Satoshi Club
You’ve both had great deal of experiences in the digital
space
Mary | Satoshi Club
Nice experience, sure it will help a lot here!
Aman
Can say that
Mary | Satoshi Club
So, what is 5ire Chain and its main goals?
Aman
Would love to explain
5ireChain is the first truly sustainability-driven platform
that incentivises enterprises to be more sustainable & innovative, just by
making the world a better place. Actions in the 5ireChain adhere to the
philosophy of 5IR, creating a net positive impact on the planet.
Jonah 🏅🎹
| Satoshi Club
So how many people do you have currently working on this project?
Mary | Satoshi Club
Great goals, guys! Who helps you to reach them? I am asking
about your team as well
Aman
5ireChain is a tier 1 high-performance distributed computing
platform with lavish runtime functionalities oriented towards sustainability at
the consensus level.
5ireChain is a blockchain ecosystem that brings
sustainability, technology & innovation to build the 5th industrial
revolution by ensuring that the activities which are aligned with the UN 17
Sustainable Development Goals either on-chain or in the real world are highly
incentivized.
5ire works towards empowering more than 1billion+ people to
create businesses that act as force for good and help create a more sustainable
and greener world.
Utkarsh | 5ire.org
Our team has rapidly grown to a full time 70+ members.
Utkarsh | 5ire.org
With 30+ developers.
Aman
Our team has actually been exceptional, without all of them,
we wouldn’t be here.
Jonah 🏅🎹
| Satoshi Club
Very impressive numbers
Mary | Satoshi Club
Wow, it’s quite big! How long you were developing 5ire Chain
project?
Aman
You already might know the co-founders.
Pratik Gauri (Co-founder & CEO) is s Serial social
entrepreneur, investor, public speaker and writer creating 5th Industrial
Revolution and championing UN SDGs.
Prateek Dwivedi (Co-founder & CMO) is a Blockchain
enthusiast, investor and veteran Internet Marketer. He conceptualized the
proprietary 5IRE consensus mechanism and reward protocols.
Vilma Mattila (Co-founder & CBO) is a Venture Capitalist
& Futurist. She has Incubated 40+ Projects including Qtum, Tron & Aleph
Zero. She is also an Advisor at the EU Blockchain Observatory.
Mary | Satoshi Club
Awesome team
Utkarsh | 5ire.org
Well. The idea was formulated in a tea shop in Delhi.
But it has been almost a year officially.
Mary | Satoshi Club
You are developing very fast! Great job!
Thank you, guys for this great intro! Are you ready to start
with the questions from our community?
Aman
Our team, at 5ire, is pleased to announce that we have completed one #5iresome year!
We are truly grateful to our 5ire community for the immense
love and support
I found out that the 5ire Chain ecosystem makes use of a hybrid concensus algorithm called “Proof of 5ire” which is said to be one of the unique selling propositions of the 5ire Chain. Can you give a detailed explanation about this hybrid concensus algorithm used by 5ire Chain? What are its distinctive features and how does this algorithm function? Can you mention the factors you considered before making the decision of using the Proof of 5ire algorithm and the contributions/benefits this algorithm will give to 5ire Chain and its users?
Aman
Proof of 5ire – our primary proposition and a really unique
consensus mechanism, which includes
proof of benefit, sustainable proof of stake and proof of donation stacked on
top of each other to generate your proof of 5ire score.. It integrates
sustainability at the core of blockchain and empowers nodes for sustainable
practices, by incentivising them economically.
Mary | Satoshi Club
Can you explain how it works as for newbies?
Aman
5irechain is using what is known as hybrid consensus, for
block production and provable finality respectively, allowing fast block
production and higher levels of security. By our sustainable vision, the 5ire
reputation mechanism allows universal and canonical guidance for the network
and the real world activities, and direct those activities toward a for-benefit
focused paradigm, in which appealing to the 17 United Nations Sustainable
Development Goals is highly rewarding for all the actors, while maintaining
speed and transaction throughput better than any standard Proof-Of-Stake scheme
and high levels of security and efficiency never attained by neither PoW’s nor
PoS’s, All of this in the most human-focused sustainable way where bringing
value to existence is highly incentivized.
Tried to elaborate as much as I can
Jonah 🏅🎹
| Satoshi Club
So much here but impressive
Aman
That is what 5ire is
Mary | Satoshi Club
Oh, it seems clear do you have competitors? Can you name
them?
Aman
Yes we do
Utkarsh | 5ire.org
In simple terms, if there are two individuals, Mary &
Jonah, and Mary has more sustainable practices than Jonah, she would end up
making more rewards.
I feel that if that’s true i will use 5ire Chain and not
only me)
Aman
Here is our recent comparison report.
Ethereum, Solana , Cardano, Avalanche , etc
Mary | Satoshi Club
Unbelievable
Jonah 🏅🎹
| Satoshi Club
And it’s inpressive to see how well you compare with them
Utkarsh | 5ire.org
We consider them brother chains, more like.
Mary | Satoshi Club
Thank you for your answers, guys! Ready to proceed?
Utkarsh | 5ire.org
Yes
Jonah 🏅🎹
| Satoshi Club
Q2 from Telegram user @Cheriemike
Sustainability and supporting the 17 Sustainable Development Goals (SDGs) of the United Nations are at the heart of everything done in 5ire Chain.So far can you tell us how you have been achieving your goal of a Hunger Free World?And to create the “Unicorns of Tomorrow”,you are searching for mission driven founders that are interested in creating a new paradigm in “Social Impact”.So is this offer open up to all or are there some criteria/requirements you are actually looking out for?How can those who are interested make their applications and what benefits/rewards are laid out for them?Please explain Thanks
Aman
5irechain will work on the tokenization of the 17 SDGs and
bringing them on-chain for the purpose of making the for-benefit paradigm more
promising by taking advantage of the 5irechain transparency and accountability
features and the sustainable reward distribution.
Mary | Satoshi Club
Have you heard that the problem of hunger may increase due
to the fact that large agricultural producers Ukraine and Russia will not
deliver products this year? I know one employee of the UN, so he estimated that
because of this war the number of starving people could increase by one
billion? According to these estimates, he was almost fired, but the problem
will soon become real. How do you see its decision? Any thoughts?
Aman
5ireChain intends to be the leading blockchain ecosystem to
solve sustainability issues with its core technology, “Proof of 5ire”, which
integrates sustainability & social impact at the consensus mechanism level
by economically rewarding companies for their sustainable practices. Thereby,
leading the 5th Industrial Revolution where bringing sustainability and support
for the 17 Sustainable Development Goals (SDGs) is more profitable than acting
against this paradigm. Thus achieving and motivating sustainable actions, by
design.
5ire also signed MOUs with different governments:
1. 5irechain signed MOU re smart policing with a state
government in India. We will be signing 4 more state MOUs where 5ire is partner
to govt.
2. 5irechain signed MOU with Nigerian Govt
3. 5irechain signed MOU w State of Nebraska, USA re smart
policing.
Mary | Satoshi Club
Nice achievements
Aman
There are a few terms & conditions to that , you can
visit our website or join our official group @officialfirechain
Jonah 🏅🎹
| Satoshi Club
This is Impressive
Jonah 🏅🎹
| Satoshi Club
Is the signing with the Nigerian govt also on smart
policing?
And what regions are you considering next?
Utkarsh | 5ire.org
It’s horrible, yes. The whole alignment will be changed, and
there will be pain, distributed in the order of how much your food budget is.
Governments have taken steps to ensure that their food supply is situated close
by – it’s war – and it is bound to take a toll, from inflation to
protectionism, and trading restrictions.
Jonah 🏅🎹
| Satoshi Club
Quite a sad situation for the world
Aman
Whole world!
Jonah 🏅🎹
| Satoshi Club
Thank you for your Answers
Mary | Satoshi Club
I hope that the governments of countries with food problems
will take these warnings seriously
Thank you for your answers, guys! Ready for the next question?
Aman
Yep
Jonah 🏅🎹
| Satoshi Club
Q3 from Telegram user @V1ct0r_26
Hello, 5ire Chain’s Team!
When it comes to the roles users can have on the platform, I saw that there are quite a few, but the most important ones are “Nominators”, and “Validators”. So, could you please give us a more in depth look about this two particular roles on 5ire Chain? What kind of purposes do they fulfill on the platform? Why are they so important within the right development and functioning of the platform? What do I need to do, as a 5ire Chain user, if I want to become either a Nominator or a Validator? Most importantly, what benefits do users get from fulfilling these roles in 5ire Chain? Thanks
Utkarsh | 5ire.org
MOU is signed with Nigeria’s Federal Ministry of Agriculture
and Rural Development to support the development of organic farming in Nigeria.
Nominators are actors who provide sustainability and
security to 5irechain by electing validators and by staking the 5ire tokens.
Holders that cannot afford to run and maintain a node are
highly motivated to become nominators and earn income by electing validators of
their choice and sharing block production rewards with them.
Nevertheless, they need to choose wisely from the set of
available validators as those with higher reputations are more rewarded, not
those who have more at stake.
Mary | Satoshi Club
What does user need to run a node?
Utkarsh | 5ire.org
Validators are one of the major actors in 5irechain, as they
are the ones that participate in the verification and in the production of
blocks according to our consensus mechanism, and according to their activities
appliance with our sustainable vision that is based on the Proof of 5ire, they
are highly incentivized to be for-benefit driven and to bring impact to the
world.
Aman
If you want. to run a node for us kindly contact us or any
of the team member ad we’ll help you. @officialfirechain
Mary | Satoshi Club
Gotcha!
Mary | Satoshi Club
Thank you for your answers! Ready to jump to the next
question?
Utkarsh | 5ire.org
Lets go.
Jonah 🏅🎹
| Satoshi Club
Q4 From Telegram user @GracieEne
In 5irechain, users are encouraged to create DAOs around sustainability and the service of humanity. What are the processes involved in creating a DAO using 5irechain? What will be the needed skills for this creation? How expensive will it be to create and run a DAO using 5irechain and What are the rewards or incentives given to users that create DAOs? I also read that the complex account types offered by 5irechain can help in the creation of complex DAO hierarchies and governance mechanisms for the control of multi account shared wealth. What are the complex type of accounts offered by 5irechain for DAO creation? How does the creation of these complex hierarchies control shared wealth?
Aman
Sustainable DAOs – Users are encouraged to create DAOs
around sustainability and the service of humanity. And the complex account
types offered by 5irechain can help in the creation of complex DAO hierarchies
and governance mechanisms for the control of a multi account shared wealth.
Jonah 🏅🎹
| Satoshi Club
What are the account types?
Utkarsh | 5ire.org
The best example of creating DAOs around 5ire is 5ire
Capital
5irecapital will be a DAO, powering a bottom-top community
building and innovation. As part of the 5ire ecosystem, we will give back a
certain percentage of any amount of proceeds 5irecapital does on a project as
airdrops. Since there will be a minimum buy-in of our tokens, this represents a
meaningful membership in the DAO. In addition to enabling the DAO’s core
creative outputs, giving back to the community through airdrops symbolizes a
borderless resource distribution. In one part, it will incentivize the next
generation of investors, builders, and creators. In another part, it
establishes the potential of decentralized governance where new ideas are
incubated and scaled. This is what 5ire is all about and we are glad to give
back to our community.
Utkarsh | 5ire.org
For the process involved around creating DAOs, the better
concept is to know what DAO actually is and moreover who do you want to empower
using DAO.
Talking about 5ireChain’s personal DAO, everyone is
empowered here from actors & validators to stakers and users.
Mary | Satoshi Club
What will be the minimum buy in? Which amount?
Utkarsh | 5ire.org
Buy in for?
Mary | Satoshi Club
For DAO as i understand
‘Since there will be minimum buy-in of our tokens…’
Aman
Yes
Aman
There will be
For a meaningful membership in the DAO but it is still TBA
Mary | Satoshi Club
Got it! We will follow your updates!
Aman
Indeed!
Mary | Satoshi Club
Thank you for your answers! Ready for the next question?
Utkarsh | 5ire.org
5ire Capital, the VC firm of 5ire is open for incubating
such projects who create a meaningful future, if you have a plan let’s work
together on it drop us a mail at office@5ire.org
Utkarsh | 5ire.org
LLets go
Aman
Or else i will have to go through the white-paper to get you
the numbers, lol
Jonah 🏅🎹
| Satoshi Club
Q5 From Telegram User @iceVermithraxx
with NFTs becoming trending in the Industry, every crypto user will like to create their own NFTs and I noted that using 5ire, every user can create their own standard fungible and non-fungible token. Can you explain on the requirements for users to be able to create FT and NFTs on 5ire Platform? how can users trade/sell the FTs and NFTs created in 5ire? I also noted that users can also create a unique readable domain name. can you explain more on the creation of the unique domain Name in 5ire and how users can create it? Lastly, 5ire also allows multi-custodial account, why do you do choose to allow multi-custodial account creations? Wont this promote scam and multiple accounts?
Utkarsh | 5ire.org
Well, the answer to these questions is quite technical since
currently, 5ireChain is in its private network mode so the creation of NFTs and
other kinds of digital assets over it is not publicly possible.
As for the domains, 5ire will have small domains rather than
the long hexadecimal address which will easily allow the users to transfer
tokens from one wallet to other.
We also innovated phone number integration on 5ireChain.
Users will be able to create their address using mobile
numbers and then can easily access / perform transactions.
Ready for the 6th and last question from this part?
Aman
Yes
Jonah 🏅🎹
| Satoshi Club
Q6 From Telegram User @Ask4unik
Last month,5ire Chain secured a $100 Million capital commitment from Gem Global Yield LLC SCS (GGY) as you seek to file for an IPO.So can you tell us what this IPO that you are filing for really means and how will it help in facilitating the growth of 5ire Chain?Will the $100 Million actually be used only for the filing of an IPO or the remaining will be used for something else?Will GGY later be part of 5ire Chain partners?5ire Chains aims to liaising with government stakeholders in Indian,what about doing the same in other places? Thanks
Utkarsh | 5ire.org
Well, this partnership aligns with our vision. The market
has acknowledged our hard work and sees things as we see them. We are the only
sustainable blockchain in the world and we will continue to work relentlessly
until sustainable practices through blockchain, and doing business for benefit,
become a way of life for businesses worldwide.
It will focus majorly on how we further promote our vision
of ‘for-benefit’ ventures in the 5ire ecosystem.
Funds will help us in:-
Expansion of the ecosystem.
Investment in technology and resources and adding tech
developers to build a more robust 5ireChain infrastructure.
Investment in research for innovation.
Amplification of human capital.
Enhancement of adoption of 5ireChain across crucial target
audiences.
And about the role of a liaison – we are just 8 months old –
and we’re already this far. Our ultimate goal is to impact the whole population
of our globe, hence, India serves as the entry barrier to millions of people.
We have huge plans for the future – and we are not limited to India.
Mary | Satoshi Club
I believe you will reach all your goals
Jonah 🏅🎹
| Satoshi Club
Thank you for your well detailed response to our community
questions
Mary | Satoshi Club
We came close to the next live part of our AMA now
Are you ready, guys?
Mary | Satoshi Club
Let’s go
Part 2 — live questions from the Telegram community
Q1 from Telegram user @Rakshhit
Funding is an important part for any project. So I want to know how much funding you raised from the Investor?
Utkarsh | 5ire.org
Thank you for asking. Well, Our private round was closed a couple of days back – worth $21.5M.
And as you might’ve heard – we have also received a $100mn ecosystem funding from GEM
This is our roadmap – most of our focus is on product development, and we want to get the product out into the marketing as soon as possible. Building a layer 1 from scratch takes a lot of effort – and thankfully we are on track – there might be some delays in timelines here and there – but the team is really excited and is up for the time ahead.
Q3 from Telegram user @Fatima6734
Why do you believe that users will attached to 5irechain in the Long Term?What is the Key to this?
Utkarsh | 5ire.org
Good question. Well, to be honest, we clearly see the shift in businesses being more and more sustainable over the past few years. Juices are more profitable than coke, EVs are the future of cars.
There will come a time when all the unsustainable businesses would stop flourishing. And 5ire is ready for that. This in itself is the biggest key in our adoption
Q4 from Telegram user @MCBTrade
It uses a hybrid consensus mechanism that combines 5irechain’s BABE and GRANDPA mechanism. Could you please give information about the importance of this mechanism and how it is used? What are the advantages and benefits of this mechanism?
Utkarsh | 5ire.org
5irechain is using what is known as hybrid consensus, combining BABE and GRANDPA for block production and provable finality respectively, allowing fast block production and higher levels of security. By our sustainable vision, the 5ire reputation mechanism allows universal and canonical guidance for the network and the real world activities, and direct those activities toward a for-benefit focused paradigm, in which appealing to the 17 United Nations Sustainable Development Goals is highly rewarding for all the actors, while maintaining speed and transaction throughput better than any standard Proof-Of-Stake scheme and high levels of security and efficiency never attained by neither PoW’s nor PoS’s, All of this in the most human-focused sustainable way where bringing value to existence is highly incentivized
Q5 from Telegram user @DK177
Why did you combine a number and letters in your name as 5IRE? What do you indicate by that?
Utkarsh | 5ire.org
5IRE, pronounced FIRE, stands for the 5th Industrial Revolution – our core ideology for moving the for-profit paradigm towards a for benefit one.
Q6 from Telegram user @Robotliker1
Project security is important for investor trusts. Will you do any third party Audit in the future? Do you have any Audit credential certificate or not?
Are you conducting any Whitelist Event of 5ireChain? If yes can you please share?
Utkarsh | 5ire.org
We are. Thank you for asking. For anyone willing to participate – please click here – https://bit.ly/5ireWL
Q8 from Telegram user Rima
Sir. I am interested in your project. When and where can I buy your tokens? Is it already listed exchanges?
Utkarsh | 5ire.org
Stay tuned for an official announcement soon. @officialfirechain
Q9 from Telegram user @laaf0
Could you tell us in what phase of development is 5ire chain? Could it be that it is ready to launch its test versions? or is it really ready for its official launch?
Utkarsh | 5ire.org
For the former, very very soon. And about the mainnet – it is scheduled for Q3-Q4 2022 – and now that the fundings round is over – our top priority is the product and our team is working really really hard towards the same.
Q10 from Telegram user @Ajpaa
How can I become validator authoring the block transaction and what are the requirements?
Utkarsh | 5ire.org
We did covered this question but again, if you are interested get in touch with our team. You can contact us at @officialfirechain
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:
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 Metametaverse and our guest was . The AMA took place on the 16th of March.
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
Gold Rocket | Satoshi Club
Hello again, dear Satoshi Club community! We are pleased to
announce AMA with Metametaverse
Jonah 🏅🎹
| Satoshi Club
Our guy for today is @metametajoel
Hello welcome to Satoshi club
Joel Dietz cryptoapollo.io
Wow, so happy to be here
Gold Rocket | Satoshi Club
@metametajoel hello and welcome to Satoshi club
Jonah 🏅🎹
| Satoshi Club
We are Excited to have you here today
Joel Dietz cryptoapollo.io
Thanks Jonah , Gold Rocket
lots of things to be excited about in metaverse
especially the meta metaverse
Gold Rocket | Satoshi Club
We are also real honoured to have you here today
Joel Dietz cryptoapollo.io
well i’m glad we made the connection
Gold Rocket | Satoshi Club
So let’s start
Jonah 🏅🎹
| Satoshi Club
How are you doing today?
Joel Dietz cryptoapollo.io
I’m having a great day so far
Gold Rocket | Satoshi Club
Introduce yourself please. How did you get to be involved in
crypto & Metametaverse
Joel Dietz cryptoapollo.io
very vivid dreams in the night
merging with metaverses in the day
Gold Rocket | Satoshi Club
Tell us please about your position in Metametaverse
Joel Dietz cryptoapollo.io
I think I read about bitcoin back in 2010 got excited about
it
but i didn’t think it would be super successful
but i decided ot create my own digital currency in 2011
which failed
but i built my first browser extension digital currency
wallet
then when ethereuem came out I dropped everything I was
doing to work on ethereuem full time
I was a very enthusiastic early Ethereum supporter
I say I had a “nerdgasm” when I first read the
Ethereeum whitepaper
Gold Rocket | Satoshi Club
So you are an early bird
Joel Dietz cryptoapollo.io
yeah pretty early, I helped start a few big ethereuem
projects including Metamask
then took a couple year break from crypto
Jonah 🏅🎹
| Satoshi Club
I’m curious to know what the name of this currency was?
Joel Dietz cryptoapollo.io
it was called Evergreen or GREENZ
Gold Rocket | Satoshi Club
you really impressed me
Joel Dietz cryptoapollo.io
we launched at some coworking spots in Berlin and other
communities in italy and other spots in europe
was more like a local use digital currency
so it had its own POS system and things that you could use
inside of a coworking space
it was a very ambitious project, I think it might have
technically been the first stable coin because it was asset backed
Gold Rocket | Satoshi Club
It’s a great experience…
Give us a brief introduction to the project. What is the
essence of Metametaverse
Joel Dietz cryptoapollo.io
it’s basically a platform for creating metaverses
so whoever wants their own metaverse can have it
and you can subdivide it and then sell portions of it
but i designed a programming language that allows you to map
the different locatoins and insert objects
so its very dynamic
and basically way more feature rich than any other metaverse
platform so far
Jonah 🏅🎹
| Satoshi Club
How many people are currently working on this project?
Joel Dietz cryptoapollo.io
25-30 full time folks
Jonah 🏅🎹
| Satoshi Club
Impressive
Joel Dietz cryptoapollo.io
We have been hiring 2-3 people per week
we currently have unreal engine, UX, and biz dev positions
open
Gold Rocket | Satoshi Club
You know how to make crypto trends
Joel Dietz cryptoapollo.io
yeah I used to be a trend setter before people realized
there were trends I guess
Gold Rocket | Satoshi Club
Is your team anonymous?
Joel Dietz cryptoapollo.io
now I want to make mega hype on top of existing hype
but really cool stuff
no all of our executives are on our website at
metametaverse.io
Gold Rocket | Satoshi Club
we wish you good luck and sufficient resources in this
necessary matter
Joel Dietz cryptoapollo.io
well there are lots of very cool interactive metaverse
experiences still to be built
Jonah 🏅🎹
| Satoshi Club
So true, Thank you for the great introduction
Gold Rocket | Satoshi Club
I consider this a good indicator.
Thanks for great introduction, we will have several
questions selected for the Part 1. Ready to start?
Joel Dietz cryptoapollo.io
Sure
Jonah 🏅🎹
| Satoshi Club
Q1 From Telegram user @Rozielyna
I read from an article of yours that The MetaMetaverse is the first fully realized virtual society. Using play-to-earn gaming mechanisms and advanced NFT technology users can own profitable virtual real-estate.You also mentioned that the metaverse is customizable, open to the community for engagement, and trade-able. By this do you mean users can actually Upgrade, Sell and rent out their metaverse? What are the core features of the metaverse that users can enjoy and what are the incentives that comes with it ? You mentioned that NFTs are the building blocks of the metaverse, how will the NFT technology be used in your MetaVerse? I also noticed that there’s a metamap on your platform which is a visual representation of existing, bought and inhabited metaverses. Please can you share more details about the MetaMap on your metaverse? How can it be acquired and what will users benefit from the MetaMap?
Joel Dietz cryptoapollo.io
Sure that’s a few different questions will try to answr all
of them
Basically as I was showing on the metamap once you have your
own metaverse you can subdivide it
tehre is a sort of ‘zoom’ function that allows you to zoom
in
so it is all cubes, and there are cubes inside cubes
each smaller cube exists at a 100x scale factor smaller than
the big cube
so for Mars which we just finished there are lots of cubes
around the surface of mars which represnt individual land plots
so if you, for example, wanted to buy a metaverse and
develop Saturn
you could do a lot of things with the land
you could basically further develop it, create games on top
of it, create other interactive experiences, rent it, or sell it
Jonah 🏅🎹
| Satoshi Club
Awesome
Joel Dietz cryptoapollo.io
so there are basically three main monetization schemes
a) attracting users to your metaverse with intereseting
experiences
b) renting space to other people
c) selling space inside your metaverse
Gold Rocket | Satoshi Club
To be honest, these cool things are breathtaking and
imaginative.
Joel Dietz cryptoapollo.io
So I could give a bunch of examples from the 10 or so
metaverses that have already been built
but that’s the basic idea
As for NFTs, as with other platforms they are used to
represenet land
Jonah 🏅🎹
| Satoshi Club
And do the users determine what rates they want to sell or
rent them out?
Joel Dietz cryptoapollo.io
yes the user does all those things as the platform we take
2.5% same as opensea
but other than that it’s all up to you
so basically when you are buy and selling land it’s all NFTs
we also have this cool metaship launch that is happening
today
basically the ship you use to go from metaverse to metaverse
is also an NFT and you can upgrade it
and add on things like speed upgrades, nitros, etc
even a sound systeme
Jonah 🏅🎹
| Satoshi Club
Satoshiclubbers go get this
Jonah 🏅🎹
| Satoshi Club
This sounds exciting
Gold Rocket | Satoshi Club
Don’t miss great opportunity Satoshi clubbers
Joel Dietz cryptoapollo.io
if you want to have other objects that are NFTs inside your
metavers also great
as for the metamap it is what it sounds like
you can see all the metaverses that have been created bought
or sold
and what is available for sale
today we actually finished the link to opensea
so in some ways it is like a metaverse browser
Jonah 🏅🎹
| Satoshi Club
Thank your for your excellent answers
Ready for the next question now?
Joel Dietz cryptoapollo.io
sure
Jonah 🏅🎹
| Satoshi Club
Q2 From Telegram User @Ritshimwa
Focusing on core of your platform which is the Metaverse, While Trying to Learn about what Users can do with thier own Metaverse in Metametaverse Platform, I noted that users can create Multiple sub metaverses and re sell them and users can also Upload their 3D environment created in the most Popular pools. Firstly, how can users acquire their own Metaverse in Metametaverse? Can you elaborate on Sub Metaverses in Metametaverse Platform and it’s utilities? How can users create this sub metaverses? Do Metametaverse have a marketplace where user can resell or purchase these sub metaverse? Lastly, can you share in some of the tools available in Metametaverse Platform which users can user to create their own 3D environment?
Joel Dietz cryptoapollo.io
yes that’s right
Joel Dietz cryptoapollo.io
Right now to get a metaverse you need to go through our biz
dev guy @LyubomyrP as we are mosting focusing on strategic partnerships
or all of our seed round investors also got a chance to buy
a metaverse
at some point we will do a public sale for metaverses but we
don’t have an exact date
but if you have a good concept email us at
meta@metametaverse.io and we will see if we can accomodate eyou
Now for sub-metaverses eveeryone gets 10 by default but one
fo the benefits of the metametavox token is that you can unlock more
Joel Dietz cryptoapollo.io
so as I said before you can create, develop, and sell more
sub metaveresinside your metaverse
Jonah 🏅🎹
| Satoshi Club
What will be needed requirements for those interested?
basically some cool concept and ideally some existing 3d
asseets or a team that can build those 3d assets
Joel Dietz cryptoapollo.io
our first 5 or so metaverses were with well known 3d asset
designers
here’s another cool image of this fractal temple we are
building
with this mathematician architect who built some of the
biggest pieces at burning man
Joel Dietz cryptoapollo.io
we can keep going
Jonah 🏅🎹
| Satoshi Club
Next question
Jonah 🏅🎹
| Satoshi Club
Q3 From Telegram User @ysasoma
in the Tokenomics that they present in their website they mention that they have two tokens $VOX and FAD, where $VOX is the government token of the Metaverse and FAD the native currency of the Metaverse that can be earned by playing, but, what are the scenarios of use of these two tokens, that is to say, in which we will be able to use them, how we can generate rewards with them, how many tokens we must have as a minimum to access each product and system where they can be used and tell us if you can exchange $VOX for FAD and FAD for $VOX and if so, what is the exchange ratio, finally share the details of the reward system that you will implement.
Joel Dietz cryptoapollo.io
Yes we have expanded that quite a lot from the whitepaper
and website
through our internal working group on economics
but we have a staking, burning, and govenrance function for
$VOX
the burning is that you hve to burn to unlock sub-metaverse,
that’s simple
the staking is that you can stake behind certain metaverses
and earn a portion of any of the fairy dust that is earned inside those
metaverses
Jonah 🏅🎹
| Satoshi Club
Is there a fixed amount to burn?
Joel Dietz cryptoapollo.io
that’s something i did’t talk about much so far but
basically as a metaverse owner you get a portion of any fairy dust to createe
it will be a variable rate i’m sure but I assume starting
with one vox
Gold Rocket | Satoshi Club
Sounds good
Joel Dietz cryptoapollo.io
for the mars metaverse we have already created 15,000
sub-metaverses
Jonah 🏅🎹
| Satoshi Club
Impressive
Joel Dietz cryptoapollo.io
they are being minted today actually
Gold Rocket | Satoshi Club
Thanks for your great answers
Joel Dietz cryptoapollo.io
and there is also an auction function for VOX
so basiaclly some amount of VOX comes up each day and you
can only buy it with FAD
and VOX is the liquid tradalbe token
FAD is the ingame earnable token
Gold Rocket | Satoshi Club
amazing things come into our lives. and you are industry
revolutionaries
Joel Dietz cryptoapollo.io
there are also many items you can only buy with FAD
like the ship upgrades
in short, its an evolving process, and we have an extensive
working document on this that we will be sharing soon
Gold Rocket | Satoshi Club
We will look forward to
Jonah 🏅🎹
| Satoshi Club
Impressive work so far
Thank you for your answers
Btw Our Next question is quite similar ready for it?
Joel Dietz cryptoapollo.io
sure
Jonah 🏅🎹
| Satoshi Club
Q4 from Telegram User @ProwGrowl
When talking about $VOX as a governance token of the Meta Metaverse. You mention that it controls the DAO treasury (developed from the in-game asset sales) and overall supply of Metaverses. What are the other usecases of VOX token? Please also explain the functionality and particularities of your DAO treasury. At what moment Metaverse community is able to manage it? What do users need besides owing VOX to get governance rights? Thanks!
Joel Dietz cryptoapollo.io
you don’t need anything other than VOX to get governance
rights
obviously if you have your own metaverse you can do what you
want with it
but differnt metaveress may have differenet structurese
the mars metaverse for example is governed by a DAO
but basically we do a rev split of all of the sales and they
go into the DAO treasury
Jonah 🏅🎹
| Satoshi Club
Is there a minimum required VOX?
Joel Dietz cryptoapollo.io
no minimum planned at the moment
and then you can stake your vox behind the different
metaverses and generate FAD
I imagine there will be a gradual transition to more full management
right now we have four active working groups
on game design, economics and governance, physics and
programming parallel realities, and language design
and the govenrance group is basically working on a plan to
transition to more DAO onboarding at a larger scale
since most of the folks right now are from the DAO research
community
including MIT, Oxford, etc.
Jonah 🏅🎹
| Satoshi Club
Btw With regards to staking what benefits will the stakers
get in return?
Joel Dietz cryptoapollo.io
including these
basically when you stake you generate more FAD
Jonah 🏅🎹
| Satoshi Club
Awesome
Jonah 🏅🎹
| Satoshi Club
Thank you for your answers
Are you Ready for the next question now?
Joel Dietz cryptoapollo.io
sure
Jonah 🏅🎹
| Satoshi Club
Q5 from Telegram User @NataliyaKil
From the MetaMetaverse Weekly Digest March 7th-13th I learned that there was a Mars Metaverse map created for MetaMetaverse. Can you show it to us now? Does it have any features at the moment and what meaning does this card have for MetaMetaverse gamers now? In addition to Mars, what other planets does MetaMetaverse plan to launch and when?
Joel Dietz cryptoapollo.io
hmm, let me try
Joel Dietz cryptoapollo.io
the mars concept was one that came into us so we helped
build it out , similar to the process I outlined earlier
i think the mars map is only available on our dev server at
the moment
i think I can show a screen shot tho give me a minute
I guess we don’t have any real plans to launch other planets
but we do have some floating islands
or castles in the sky, stuff like htat
always willing to work with teams with cool concepts and
wanting to do intereseting stuff
Gold Rocket | Satoshi Club
Awesome
Jonah 🏅🎹
| Satoshi Club
A great way to
progress
Joel Dietz cryptoapollo.io
here’s the map, basically you can select your sub-metaverse
on mars with this map
it is integrated into map.metametaverse.io
Jonah 🏅🎹
| Satoshi Club
Awesome
Joel Dietz cryptoapollo.io
The main feature we are adding to it at the moment is you
can embed a screen from unreal so that you can see eveyrthing that exists
inside that metaverse
Gold Rocket | Satoshi Club
Thanks for your answers and clarification. it’s incredible
what you do
Joel Dietz cryptoapollo.io
and obviously the open sea integration so you can buy and
sell the sub-metaverses
Gold Rocket | Satoshi Club
Are you ready for the last question of this part?
Joel Dietz cryptoapollo.io
sure
Jonah 🏅🎹
| Satoshi Club
Q6 from Telegram User @ghostofcharmeleon
Hello, the Metametaverse team.
Judging by your roadmap, the initial sale of land should take place in the first quarter. There are literally a couple of weeks left until the end of the quarter and I could not find information about the lands and their value. Please tell us if you have time to meet the deadlines of the roadmap? Can you tell us more about the cost and planned value of the land?
Joel Dietz cryptoapollo.io
Yes this is basically correct, we had a date tentatively
agreed upon with opensea to do an initial land drop and metaships drop
the ships were be going to be at .2 ETH initial listing
we are still waiting from opensea to finalize date but are
suppose to have that done today
so we can announce
Jonah 🏅🎹
| Satoshi Club
Awesome dont forget to share with us
Joel Dietz cryptoapollo.io
yes i’m not sure how to share
oh here we go
loo
map.metametaverse.io/mars
mars metaverse is here
Joel Dietz cryptoapollo.io
if you want to find out about the details of the ships and
land drop it is here
basically we will announce the details as soon as we have it
all finalized
Jonah 🏅🎹
| Satoshi Club
Thank you for your Answers in this first part of our AMA
We will now like to proceed to the second part where our
users will ask you their questions directly
Are you ready for them?
Joel Dietz cryptoapollo.io
absolutely!
Jonah 🏅🎹
| Satoshi Club
Chat will be opened for 120secs
Part 2 — live questions from the Telegram community
Q1 from Telegram user @linna2568
I saw you have 25-30 full time working peoples. Are you experienced in Crypto? Do you have any more plans to add more members in your team?
Joel Dietz cryptoapollo.io
All of our executivies bridge the crypto and gaming space. Most of my experiences is in the 2014-15 era designing key projects, but I also have a lifetime as a game designer. Our other CSO and CTO have been running nft / crypto gaming stuff for the last couple years.But most of our engineers are from the gaming space only so far.about 10 from an unreal engine thing,and i think we will probably hire another 10-20 in the next month or so yes we are growing rapidly .I think our hires will be about 70% gaming / 30% crypto as far as expereiencee goes
Q2 from Telegram user @Asela1112
In which manner will the players get the $VOX tokens, Will there be reward system implemented within your metaverse to claim the $VOX tokens?
Joel Dietz cryptoapollo.io
pretty simple you get the VOX from the IDO which will on DAO Maker.or on an exchange or dex ,we have been in conversations with many.You can earn FAD in game
Q3 from Telegram user @habibi_ve
You talk about MetaMetaverse announcing a partnership every week, can you tell us a little bit about your recent partners? What have been your most important partners so far?
Joel Dietz cryptoapollo.io
We will name the exact names as we go but architectural studios, other NFT projects, 3d asset designers, and luxury brands are some of the key folks
Q4 from Telegram user @Cheriemike
Travelling on foot in the MetaMetaverse is one way users can get around ,but because it comes with its own challenges your decided to create an equipment that will enable users to do so,and that equipment is the MetaMetaverse Teleportation Portals is the shortcuts to other worlds instead of foot.So can you tell us simple terms how will Teleportation work in the MetaMetaverse platform?Since users will have their own avatars,will they have turn up the teleportation using their virtual reality device to make them feel what’s like to travel through the portals?Will it be okay to also invite others to join us in the travel?Will there also be a kind of tickets that will serve like a gatepass to travel through the portal or will users actually pay to travel in the portal like one entering a bus,taxi etc?And Lastly,can a user create a temporary or permanent portal from one location to another?Please explain Thanks
Joel Dietz cryptoapollo.io
There will be a limited supply of portals or wormholes that wil lbe made for allowing interdimesnsional shortcuts.join our telegram if you want to get more details on that
Q5 from Telegram user @josep500
Ambassadors play a very important role in every project, Do you have an ambassador program? If yes, how can I be one?
Joel Dietz cryptoapollo.io
Hmm, email meta@metametaverse.io Right now we are organized into working groups that I mentioned earlier and each working group has its own admission policy
Q6 from Telegram user @itzabhi69
I saw the contest ” MetaMetaverse is going to free drop 1000 #metaships! Metaships are upgradable and needed to travel across metaverses. ” which is a great one. Do you have plans for more airdrops or community events who will miss that?
Joel Dietz cryptoapollo.io
no this might be our only free airdrop so i suggest signing up today if you didn’t alreaedy
IS THIS PLATFORM HAVE RESTRICTIONS ON CHILDREN’S OR LIKE GROWING UP CHILDREN’S LIKE 14 TO 18 CHILDREN’S ALSO FOR PLAYING THE GAME ?
Joel Dietz cryptoapollo.io
The level 1 metaverses are restricted to family friendly content.but if you go deepr you can create 18+ content it just has t obe labeled so that parents can keep their kids safe
Q8 from Telegram user@Titanium432
I Read that METASHIP Is one of the Important Digital Assets , So Will You please tell Us More about this Important assets “METASHIP” , What Are its Exciting Features ?
Joel Dietz cryptoapollo.io
it’s basically like a race car in space.but because of the metalanguage you can upgrade it
Q9 from Telegram user @josep500
What is your top 3 thikgs for priorities in 2022 ? Could you share some plans for the upcoming year??
Joel Dietz cryptoapollo.io top 3 are PROFIT FUN LEARNING
Q10 from Telegram user @DK177
Why did you use the word META twice in your project name as META META?
Joel Dietz cryptoapollo.io
Metaverses are built with a metalanguage built with metadata.I would have used meta more than twice but not sure y’all can handle that much meta ,but basically we will be the most meta and the most fun
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: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Space Misfits Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Space Misfits
For more details: Space Misfits Website – spacemisfits.com Space Misfits Telegram – @Spacemisfitsgame Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish
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. Tristan Survival Team will select 5 questions and answer them.
For more details: Tristan Survival – @playsurvival Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish Indonezia – @satoshi_club_indonesia
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. enVoyDeFi Team will select 5 questions and answer them.
For more details: enVoyDeFi – @envoydefieng Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish Indonezia – @satoshi_club_indonesia
