We are pleased to announce our next AMA on April 12th, 2022 at 11:00 AM UTC Time: Satoshi Club x High Sloth Society
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join High Sloth Society Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. High Sloth Society Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about High Sloth Society
For more details:
High Sloth Society Website – highslothsociety.com
High Sloth Society Telegram – @crayon_DAO
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Crayon.Finance ($CRAY) is a non-fungible token (NFT) finance platform based on a decentralized autonomous organization (DAO) that provides financial instruments for NFT collectors. What are the financial instruments provided by Crayon.Finance? What are the characteristics of each of these financial instruments? What are its advantages and benefits?
As liquidity in NFTs becomes increasingly locked up, it is inevitable that financial instruments will be built around them to maximize capital efficiency. Crayon envisions being the ever-evolving open source platform featuring NFT finance tools for (i) DAO for the platform itself and (ii) SubDAO for NFT category-specific communities. What are the DAO and SUBDAO features of Crayon.Finance? What kind of DAO and SUBDAO are developed in Crayon.Finance? What is the involvement of the DAO and SUBDAO within Crayon.finance?
As NFTs gained traction in multiple categories, the use cases for each of the activities on Crayon.Finance are expected to grow over time with the dire need for a platform like Crayon. What are the types of NFT that exist in CrayonFinance? What are the use cases for these NFTs? How to acquire each of these NFTs? What is the link between each of the NFTs in Crayon.Finance?
In this decentralized world, hyperconnection, participation and solidarity have been achieved in a more independent, autonomous and democratic way than ever before. $HDAO seeks to reach and connect with nonmaterial people, advocates, philanthropists, and innovators who refine the cultural values of heritage. That is the meaning behind the $HDAO symbol. With which individuals has the $HDAO connection been achieved? What is $HDAO’s goal in connecting with nonmaterial individuals, advocates, philanthropists, and innovators who refine the cultural values of heritage? What will be the participation of these people within $HDAO?
Heritage DAO ($HDAO) as a collective whole, is to protect, collect, share and enjoy the essence of cultural heritage, covering both monetary and non-monetary aspects in all eras throughout the world. Towards what cultural heritage of humanity does the Heritage DAO platform focus its protection? What kind of protection will Heritage DAO give to each of the cultural heritage of humanity? What aspects and how will each of them be covered?
During my research on your platform, I came to understand that Crayon.FINANCE also mint NFTS over the ownership of the National Treasures and fractionalize and sell 49% to the open market while keeping the 51% and collateralize that on the Crayon.Finance to recoup liquidity and run DeFi strategies per DAO’s proposals. Please I would like know how many of these National treasures you’ve been able to Aquire and mint into these said NFTs, you also noted that 49% of these national treasure is sold to the open market, can you please tell us where and how can Collectors get access to these Sold NFTs? How do we partake in owning part of these National Treasures? Now for collectors that were able to purchase the sold NFTs, what Value does the Nfs posses? Does it Appreciate by the day?.
Thank you.
$HDAO is now moving to the next phase
HIP-5 | Proposal of an agent for NFT takedown campaigns. Despite the long wait, $10M HDAO participated with 100% of them voting in favor of the proposed motion. With that, Crayon will be the dedicated agent to carry out NFT launch campaigns on behalf of $HDAO. What is the HIP-5 phase | Proposal of an agent for NFT drop campaigns? Which proposals were approved at this stage? What will be the benefits?
Hi Crayon Finance team.
I learnt that CRAYON FINANCE is also an NFT focused DAO-as-a-Service platform that provides services for DAOs to build community, governance, and mana NFTs with ease. Please I would like to know more about the procedures to which DOAs could use to build up a Community with you, how do you handle the issues of Smart contracts creations? Cuz I understand that a developer or group of developers must create the smart contract behind any DOA. Hence I would also like to know about the Funding aspect, becasue after the smart contract creation, the DOA needs to determine a way to receive funding and enact a Governance. Please it would be helpful if you could give clear elaborations to your DAO platform services.
Thanks.
HeritageDAO is an ongoing project with a mission to recover, generate liquidity, raise awareness, and keep communities engaged to preserve more heritage over the lifetime of $HDAO. Once we achieve the initial goal of securing a tangible national treasure, multi-sig will be activated to better manage the DAO fund. What are the target treasures of $HDAO? Once these treasures have been obtained, how will they be managed? How will investors benefit? What is multisig? Advantages?
https://esatoshi.club/ama-satoshi-club-x-high-sloth-society-april-12th/
On your medium, I read that the $HDAO is now live, and that It has been a busy 12 days for the $HDAO and the team at the Crayon.Finance. and the $HDAO is Created by Snapshot Labs in August 2020, over 52 public chains and nearly 4000 projects have been promoting democracy over their projects with Snapshot. Can you please give explicit details on the functions and utilities of these Snapshot to CRAYON FINANCE ecosystem? And I also noticed that The voting period for the first $HDAO snapshot proposals was also scheduled to hold, can you please also explain to us the importance for these voting process in your platform? Who are the participants of these voting process?
Hi Team High Slot Society- I learnt that you starts with a collection of 10,000 NFTs that is randomly generated with over 160 traits (the Specs) and Data for the Sloths are stored on ERC-721, hosted on IPFS and minted on Ethereum L1 main chain. Could you please tell us what these 160 traits from the 10,000 NFT randomly generated are? What are their rarity? How could I own some of these 10,000 NFTs? Are these 160 traits of the NFTs of the same value? Please tell us . On your Telegram channel, you go by the name Crayon , could you please explain to us the Nexus between High slot Society and Crayon? Thanks
make a contribution of $ETH to mint $HDAO and own a piece of the National Treasure. I want to contribute and own a piece of history to become a guardian of the World Heritage Site. But then I just don’t know how to contribute. What do I have to do to own a piece of the national treasure? How to contribute? What is JuiceBox? How does it work? Advantages?
Talking about your Snaohot, Can you please give explicit details on the functions and utilities of these Snapshot to CRAYON FINANCE ecosystem? And I also noticed that The voting period for the first $HDAO snapshot proposals was also scheduled to hold, can you please also explain to us the importance for these voting process in your platform? And in also got to know that For the first round of voting, users need $HDAO which is a ERC20 token to participate. Can you please give information on how we could obtain these $HDAO to participate in these voting process? is it Bought or Claimed for free? I would also like to know the kind of wallet that supports these $HDAO
Crayon offers some amazing products but these two caught my attention, Member Onboarding tools where DAO can accept contributions in exchange for the DAO-specific governance token with customized configurations. NFT finance tools where DAO can mint, rent, lease, and lend with NFTs. Can you briefly tell us more on your NFT lending/lease protocols? Does the CrayonDAO have a cut in lending fees? What protocol do you have in place to ensure that NFTs are returned to the owners after lending? What form of contributions does a DAO accept in exchange for governance token? Are all contributions valid for exchange with the governance token?
According to what I read,the benefits High Sloth Membership includes branded games, branded merchants, and member-only clubhouses.So to become a member of High Sloth,are there some criterias needed before one can receive the benefits mentioned above?Can you specify to us what are some of the branded games members will receive or who are the branded merchants on High Sloth are persons users can interact with?Can you talk on the Membership Clubhouse,what are some of the functions of the clubhouse,any criteria?And how can one become a Keeper of Treasures of these Sloth NFTs?Please explain Thanks
On your Roadmap, you did said that sloth holders receive access to exclusive drops, experience, and early access to the decentralized future HSS builds with partners with 10% purchase land on the sandbox, 20% construct high sloth town on the sandbox, 30% high sloth debuts on media walls of Seoul & NYC, 40% physical “Members only Space” debuts in Seoul & NYC. Could you please explain to us on Members only Space debuts in Seoul, NYC? I read there is 60% develop Voxel Avatars and Game quest on the sandbox. Could you please elaborate on this VOXEL AVATAR and Game Quests on the Sandbox? How may anyone participate in your 80% high sloth x Summer ED Event? Finally, could you explain to us about your High sloth x Sports event?
You plan to hold an Art Exhibition, High Sloth x National Treasure.So can you tell us the purpose of this Art Exhibition is it to make artist ideas public?When will this art Exhibition hold and at what venue?Will you be inviting some artist to the Art Exhibition event from all over the globe or just within your locality (Seoul)?If you will be inviting persons around the globe,what are the requirements and how can this artist showcase their arts?Please tell us if the Art Exhibition will be permanent or it will be seasonal.Thanks
High Sloth Society is built on Ethereum but considering the fact Ethereum gas fee is high,why did you go the Ethereum Blockchain?Will you in the future move to other chains like BSC?Do you have plans of mitigating such high cost for users to be able to purchase the Sloth NFTs?And is $HSS smart contract under any security?Please explain Thanks
Ethereum Block Chain is frequently preferred in NFT projects. Due to the high gas fee, many people can be distant from a project in ETH. Despite the high gas fee, you also preferred ETH. Why did Highslothsociety prefer ETH? What opportunities does ETH offer you that others do not?
How many High Sloth Society NFTs do you plan in total in your plans, have you determined the number of NFTs for a white list or a different special event in your plans? Will there be uniqueness, rarity, or distinct segments within the High Sloth Society NFTs?
I recently noticed that Crayon Finance has been rebranded as CrayonDAO, can you tell us why you made this decision? What are the reasons that pushed the Crayon platform to establish a “DAO”, if you have partners or assistants working for the DAO, can you tell us about it? Could you give us some information about the relationship between CrayonDAO and ”High Sloth Society”?
What are the advantages and features that the CrayonDAO team will provide for High Sloth Society members, how will you increase the price of High Sloth Society NFTs, and what precautions do you intend to take by looking at the reasons for the decline in NFT prices today? Maybe it will be special to the Crayon team, but I want to ask, what are the falling NFT prices today and what are the reasons, what is Crayon’s offer as a solution?
I saw that your project is backed by three distinguished firms including animoca brands, Brinc and assemble.can you tell us more about this firms? In what ways do they show support to CRAYON DAO? Does the support include financial support too? Is there any win-win collaboration with these firms? Do you consider them for future collaboration or is there an ongoing partnership with them? Talking of partnership, there is no information regarding this, as we know two heads are better than one, with partnership a project get to improve on more expertise and skills, so can you tell us about your partnership, is there any ongoing partnership or do you aim to include this in near future?
I read that in High Sloth Society, they are no longer interested in the things that money can buy and that their tastes have evolved and now they are looking at the things in life that money can’t buy, I also read that they are looking to mark a turning point, in which they invite the users to participate, but what is the purpose of High Sloth Society, tell us what they are looking to do with the “things that money can’t buy”, what exactly do they mean? I also read that High Sloth Society (HSS) has NFTs, so what would be the use cases of these NFTs and how would they help users, lastly tell us, how exactly would they mark a turning point?
as you all know every user of a project is always looking for a benefit, either monetary or by getting a solution to their problems, so, what would be the problems that High Sloth Society solves or what opportunities to benefit would it be offering to the users, that is, tell us a little about the characteristics of this project, what makes it unique and necessary in the cryptoverse and last but not least, please show us the elements that make your project real and not another scam project in the market
While logging into your website the first thing I saw is create your DAO in minute, govern your community, manage your portfolios with our finance tools. Particularly interested in managing my portfolios I will like to know how your finance tools can help me accomplish this. First of all what are these finance tools you have and how can it help manage my portfolios.are there any protocols/requirements required to access these tools? How do I expertise on using these tools? Are there any guidelines on it? Also I learnt you offer NFT backed loans and NFT rental/lease tools, can you tell us more about this NFT back loan and rental tools and the areas we can use them?
High Sloths is claiming to no longer being interested in the things money can buy, the tastes have evolved, and now you are looking at the things in life money can’t buy. That is why you are opening some whitelist slots for everyone to participate in future HSS listing. Please explain how the process of whitelisting will be passing and the steps to be followed to get a chance of whitelisting? Are you planning to organize the second wave of whitelsiting for those who miss this one? What are the further steps to attract community to High Sloth? Thanks!
The First Code of Conduct of HSS says that you believe in your social obligations and responsibilities. So, what are the obligations and responsibilities taken by High Sloths? How are they linked to general DAO rights provided to the community? Please also explain the requirements for users to get DAO rights – is there a certain limits of native token that needs to be kept? Thanks!
I understand that Partnerships Includes the governance council of CrayonDAO, and partners are carefully chosen based on their value adds to the DAOs created on the Crayon’s platform also From funding, getting your word out, producing and selling your NFTs, we strive to create a holistic network of partners with focus on our DAOs.How does Crayon.Finance intends to grant partners and users mortgages that will fix their needs? I also read that When you’re a starting-out community, it can be difficult to get your voice heard. That means the second you create a DAO, you are eligible to take advantage of your listed partners ,what are the requirements in creating a DAO ? Is there any SubDAO project that could aid users in NFT?. What’s the operation of the current subDAO like?.
I got to understand that Crayon.Finance is a Decentralized Autonomous Organization (DAO) based Non-Fungible Token (NFT) Finance Platform that provides financial instruments for NFT holders and collectors to access more money market options such as
(i) SubDAO based collective purchase, trade, sales of NFTs,
(ii) NFT collateralized loan and
(iii) Fungible Token (FT) collateralized NFT lease/rental
to create various Decentralized Finance (DeFi) strategies. What are the examples of these DeFi strategist?.How does the NFT collateralized loan serves as an advantage to collectors?
$CRAY is the utility token used by CrayonDAO to vote on decision that influence the Crayon ecosystem. Many projects now are community centered as it has become more successful than the non community centered projects. Apart from the CrayonDAO do your community users also have the right on making decisions partaining to your project? Who makes up the CrayonDAO? How can one become part of the CrayonDAO? What is the amount of $CRAY can a member hold to be qualify to be member of the CrayonDAO? Please can you explain more about the utilities of your token $CRAY,is it limited to the CrayonDAO in making decisions? What other uses cases does the token has? What are the benefits of holding $CRAY
High Sloth Society is brought to you by HeritageDAO (HDAO), the first Decentralized Autonomous Organization in the history of Crypto to buy a National Treasure. To reach out and connect with more nonmaterial individuals, advocates, philanthropists, and innovators that hone the values that’s above and beyond money – as members of the High Sloth Society.How do you reach out to this individuals?Do you carry out some sort of marketing campaign or proposals to this high profile individuals?How do you ensure that Artifact provided by individual from the national treasury are genuine,and not stolen properties? Explain thanks
I read on twitter that HSS has partnered with HIKE and that through this partnership, HSS and HIKE plan to design and provide unique experiences for HSS members both in the Metaverse and offline, so could you give us a little preview of the products and events that will be developed for users, what will make them unique and different, tell us also, in which networks we can join to be informed about this and other partnerships and take the opportunity to mention how many partners High Sloth Society currently has, what are their contributions to the development of the project and finally tell us, do you have plans to continue building partnerships?
in your twitter I could notice that High Sloth Society started with its first release NFTs, on April 5th of this year 2022, where you presented “an ancient Asian artifact almost lost in the recesses of human minds”, where the tales of High Sloth Society are developed, then, I would like you to please comment the details of this NFTs, its characteristics, application within High Sloth Society, also tell us, how many NFTs will have in High Sloth Society, if all will have the same purpose and finally tell us, how will you make these NFTs attractive and important for the users of High Sloth Society?
While reading,I came to understand that there are levels associated to your membership,branded merchants,branded games,also there is a clubhouse meant for members alone.Can you give us a detailed explanation as to who this branded merchants are and what they represent? About the branded games,what kind of games are these,and how would participating in such games by members benefit them?How many keepers are currently available, since being a keeper is a privilege? currently the number of sloths is limited to 10,000,is it a fixed number or there’ll be an increase in the future? Explain Thanks.
I noticed you are operating using dual tokens $CRAY and $sCRAY. I learnt once you stake $CRAY that is when you get $sCRAY which serves as the certificate of staking and that $sCRAY is required to unstake $CRAY.what is the minimum period of time we can stake $CRAY to get $sCRAY?and what is the minimum/maximum of $CRAY we can stake? Kindly enlighten us on your staking protocols? Since $sCRAY is required to unstake $CRAY,what is the minimum $sCRAY we can use to unstake? Also provide an overview of each tokens and their relevance in the ecosystem? I also learnt once the main net goes live CRAY shall be the gas fee for the use of the Crayon chain. So when is the main net going live? had the team decided yet? And what will be the minimum gas fee $CRAY use for the Crayon chain?
I read that a collection of 10,000 limited NFT memberships is sent to the most prestigious and secretive society of elite sloth-the high slot society, why is there collection limited to only 10,000 NFT memberships?does Hss lack the capacity to expand their society beyond 10,000 NFT membership? Since NFTs are certainly gaining ground in the art world what discreet plans are put in place to protect NFTs own by members? Kindly explain thanks.
Hello High Sloth team!
Looking at the High Sloth membership, It was stated that if I am lucky enough, I may be one of the literal keepers of Treasures with interest in the actual ancient artifact assigned to 1,000 High Sloths (Out of 10,000). 1,000 is just 10% of the total number of High Sloths..Can you tell us about the 1,000 High Sloth membership? What is the basis of selection of the 1,000 High Sloths Keepers of Treasure (how can I be among the 1,000 High Sloths Keepers of Treasure)? What will be the major duties/roles of these 1,000 High Sloths? What additional benefits will the 1,000 High Sloths get over the remaining 9,000 High Sloths?
I read that you believe you have social obligations and responsibilities, that you should preserve the reputation in High Sloth Society, support other sloths whenever possible and act according to the above codes, but, there are many projects that have similar “beliefs” and in less than a few weeks after getting funds they disappear, so, what are the guarantees that you offer to the users who want to participate in High Sloth Society, how do you assure them that they will fulfill their obligations and social responsibilities, that they will really take care of the image of the project, that they will create systems to support other sloths and that they will always act according to the above mentioned codes?
users always want to feel protected, so how would you say that High Sloth Society can demonstrate that it protects them, that it takes security seriously and that it implements it, i.e., does High Sloth Society have any security systems, has it implemented auditing procedures to identify bugs and vulnerabilities in the project, if so, please comment on this information and any other data that demonstrates that High Sloth Society does take the security of its users seriously?
Hello High Sloth team!
It was stated that HSS (High Sloth Society) NFTs will be on the Ethereum Blockchain. Being the first Blockchain to support NFTs, Ethereum is very secure. However, high gas fees and scalability issues scares users away from Ethereum chain attimes. I will like to know if HSS will allow for further compatibility with other chains with cheaper fees and high scalability (For Ex. Polygon, Solana e.t.c) so as to expand the overall user’s experience?
Each project aimed at the speedy development and promotion of its services, mechanisms and tools always keeps its community and its development in focus. I noticed that your Telegram channel already has more than 17800 users. But you use this channel only as a means of providing people with official links to your project. I have a question. How important is the development of the community and its awareness in the activities of the team and the development of the project to you, what do you do to develop it and how do you communicate with the community members? What social networks and instant messengers are used for two-way communication between the project team and users, is there feedback, and not just information channels?
Hello High Sloth team!
Going through your material, It seemed like HSS (High Sloth Society) is as a result of collaboration between projects which includes; Heritage DAO(HDAO), Crayon DAO and High Sloth Society (HSS). I am not quite clear on this. Can you explain about these three project names that was mentioned? Is HSS as a result of collaboration between HDAO and Crayon DAO? What is the role/function of each project mentioned above? Furthermore, I observed that CrayonDAO has its own cryptocurrency ($CRAY).. Will HSS by any chance make use of the $CRAY tokens or will HSS have its own cryptocurrency?
$HDAO Hip 5 (Proposal of an Agent for NFT drop campaigns) was held between 4th April 2022 till 5th April 2022 through a voting process. Can you give us details on the voting process? How many $HDAO participated? What voting system was used? What various points did $HDAO agree on? Which Agent was agreed on to host the NFT drop campaigns?
The CrayonDao is the basecamp for DAOs. What kind of support do you provide to new users to create and promote their budding DAO projects? What stages in their formation and development should they go through with the help of CrayonDAO, do they receive support at all these stages, and where should the project team first of all start and what information should be prepared before using the services of CrayonDAO?
Highly impacted by the Covid-19 pandemic, the Kansong Art Museum sold National Treasures at an auction in order to survive. In response, HeritageDAO was formed to raise $10M USD to win bids at the auction.. Can you tell us about the number of Artifacts that $HDAO bought and the price for each? Preservation/Maintenance of the physical asset is very necessary, who will be incharge of preserving these artifacts? Combining NFTs with Physical Artifacts is Indeed a very Interesting one but good governance will be required. Can you state how the $HDAO governance will operate? Lastly, was there any governmental interventions when these Artifacts were purchased?
The Products offered by Crayon Includes; DAO Dashboard, Member Onboarding tools, NFT Finance tools, Voting Tools and $CRAY. Can you briefly give a description of each of these products offered by Crayon? How can each of these products be beneficial to the users? How will users interact or make use of each mentioned products? In general, how does the combination of these products improve the user’s experience on the Crayon?
I read that HSS and HIKE plan to design and deliver unique experiences for HSS members both in the metaverse and offline. First, what motivated you to choose HIKE as a strategic member of your revolutionary vision of unique decentralized societies? In terms of your plans together, what types of experiences and events will you conduct to benefit your communities?
Your exclusive decentralized community model is fascinating, especially because of the high level of prestige you offer, from what I could read. But what have been the bylaws you have determined for new users to gain access to your protocols? What do I need to be part of the decentralized and exclusive society that HSS intends to build?
I read that Minting $HDAO(Heritage DAO) token with Ethereum grants members governance to take part in decision making process of the Heritage DAO via proposals and voting, please explain ,how will minting Heritage DAO token and Ethereum grants members the opportunity to take part in the decision making of heritage Dao? and since Heritage DAO is the first subDao of crayon finance ,in the future will Crayon collaborate or partner with other DAO?
Heritage DAO’s mission is to digitize only the finest ancient and modern arts that encompass the very essence of human heritage. What are the advantages of digitizing these arts? Is the process of digitizing art an easy or difficult one? How do you identify and differentiate ancient and modern arts? I understand that Non-Fungible-Tokens (NFTs) based on the ownerships/copyrights of heritages unlock new possibilities for collectors, creators, and ecosystem players of your industry. What are the new possibilities NFTs unlock for collectors, creators, and ecosystem players in your industry?
Crayon.Finance is a Decentralized Autonomous Organization based Non-Fungible Token Finance Platform that provides financial instruments for NFT holders and collectors to access more money market options such as SubDAO based collective purchase, trade, sales of NFTs, NFT collateralized loan and Fungible Token collateralized NFT lease/rental to create various Decentralized Finance (DeFi) strategies across Arts, Metaverse, Games and other industries where NFT and Finance could unlock the potentials and maximize the yields of. How do financial instruments work? What are the types of financial instruments that Crayon provides? How will the use of financial instruments benefit your organisation and what are the basic characteristics of the various financial instruments? I would like to know also the various DeFi strategies you plan on creating?
Crayon offers three services which are mentioned as follows; Creator’s Handbook, Reward Engine and Funding. Could you kindly explain these three services offered by Crayon? How does each of these services operate? Speaking of funding, How can a user propose for funding on CrayonDAO? Are there Contributions/Requirements needed in order to apply for funding proposals?
It was stated that Crayon’s products, services, and $CRAY token system are designed to support DAOs in the following three (3) categories;
– Community Building and management
– Governance with custom configurations
– Asset Management in a single dashboard.
In what ways will Crayon’s products, services and tokens provide support for DAO’s in the above listed categories? Are there provision of tools to aid these supports provided by CrayonDAO? Can you tell us about the “Asset Management in a single dashboard”, how is this made possible within the Crayon platform?
The Utilities of the $CRAY tokens is listed as follows; Staking, Governance, Rewards, Gas Fee, Loan Collateral. How does the $CRAY staking work? What APY do I get for staking $CRAY? Can you explain the Loan system as well as Governance too?.. Since the $CRAY token has a wide range of utilities, making sure the token maintains value is a matter of concern and with this point, I will like to know the various mechanisms employed by Crayon to always control the token’s circulating supply and to make sure that holders of the token wouldn’t run at loss.. Will there be buy back/burn of the $CRAY tokens?
10,000 of NFTs have been minted on Ethereum Layer 1 network as ERC-721. Why did you mint the sloth NFTs on Ethereum Chain even though the gas fee is higher on Ethereum than other networks? So, Will you create & mint only 10,000 NFTs, I mean will it be a limited supply of NFTs? Lot of NFT platforms mint their NFTs on multuple chains in order to give more access to the users. What about the High Sloth Society in this matter? Will you depend only on Ethereum blockchain & it’s users in future or Will there be a Cross chain migration for the Sloth NFTs such as BEP721 in future?
After I visited the websites of High Sloth Society & Crayon DAO, I found that the Crayon DAO is the main operator agent of the High Sloth Society. Actually are these platforms two different platforms or are they same? However, For accessing the HSS, What are the primary requirements? There is not a native token of HSS ecosystem yet. But Crayon DAO has $CRAY tokens. Can we use $CRAY tokens to gain the access to the HSS ecosystem? How will the Crayon DAO & High Sloth Society be interconnected, What will be the $CRAY token relation with HSS NFTs & Why don’t you have your own native token yet?
From the $CRAY tokenomics, 20% (2.000.000.000) of the total supply of 10.000.000.000 tokens was allocated to “Reward Engine”. And this is the highest allocation alongside reserve that receives 20% also. I had read that the “Reward Engine” however comes in two categories; Discord Bot & Manual Reward.. Can you give the basic difference between the Discord Bot & Manual Reward? How will I set up the reward system for a DAO under Discord? To set up an automated reward system, must I make use of Discord or are there other ways? What does the Manual Reward entail?
Hello!
The whole idea of the $HDAO, CrayonDAO and HSS is quite interesting and considering the progress you have made so far, I can see these project taking over the DeFi space soon enough. Well-done!. While I read through your medium, I saw that $HDAO raised a whooping sum of $10million in purchasing Artifacts from a Korean Museum. I will like to know how you were able to raise these funds..what Partners and Backers do you have to make it possible? Owning Artifacts is such a great deal..Can you tell us how the management of these physical pieces will be? How will the revenue generated by the Physics Pieces/Artifacts be used within the Platform? How about Preserving these Artifacts, how will you go about this?
According to your Roadmap, Live concert will be held as a event on the Sandbox. Can you give us a sneak peek about this upcoming Live Concert, Is this event like a Fundraising event? Or is it only for enjoying? Which benefits will it be received through this live concert to the HSS & Crayon ecosystem? Can everyone join to this Live concert & What will be the main requirements to eligible for this live concert? Please share more details about this upcoming event?
Hello!
Let’s take a dive into security. HSS, HDAO and Crayon’s idea is very well commendable. Well-done! Security however is a matter of concern for most DeFi related projects as scammers are always looking for ways to breach most protocol’s security.. What does your platform(s) have in place to guarantee maximum safety of investors funds? How about protecting the Physical Asset(Artifacts), How will you ensure that both the Physical and Digital assets gets maximum protection? Lastly, who will be in charge of managing the Artifacts (Physical Pieces)?
The National Treasure #72 and National Treasure #73 are HeritageDAO’s urgent goals for the K-auction held on January 27th. To accomplish this, you raised almost $10 million in order to win the auctions for two National Treasures. And that’s it; you’ve successfully transferred ownership. Why did you pick to digitize these two ancient Treasures out of all the National Treasures housed in the Kansong Art Museum? What usecase possibilities will it have? How were $HDAO tokens distributed to contributors And what plans do you have for the contributors that will benefit them greatly?
Collaboration with partners to develop multiple SubDAOs to utilize your instruments and contracts to come up with innovative DeFi strategies is on your future agenda. So, how will SubDAOs be defined, classified, and conceptualized? Do you already have a team of specialized SubDAO entities working with you?
$CRAY token system is constructed around three (3) pillars from (i)Community Building, (ii)Governance to (iii)Asset management. Can you explain further what are the significant roles of each pillars? What are $CRAY token utilities that would greatly benefit the holders and how can one obtain your native token, $CRAY?
I understand that HSS is a collection of 10,000 limited NFT memberships to the most prestigious and secretive society of elite sloths – the High Sloth Society. What are the most unique features of HSS NFT? Can you tell us the use cases/ utilities of HSS NFT? Can users trade these NFTs on the in-built Market place? What are the Advantage of HSS over other NFT projects ? Thank You
I noticed that HSS NFT will be minted on Ethereum L1 main chain. Can you please share the minting details of HSS? On what Blockchain will HSS Be on and which Wallet will Support HSS Minting ? What is the minimum HSS that can be minted per wallet? Will HSS minting be support on other Wallets in the future? Lastly What are the benefits of minting HSS NFT?
Today on Twitter, the High Sloth Society announced the event, which will take place on Wednesday, April 13 at 19:00 in conjunction with Sharding Capital. Can you please tell us what this event is? What is Sharding Capital? What goals does the High Sloth Society set for itself and what results does it want to achieve by holding such a meeting?
I read that High Sloth Society is Powered by web3 technologies, HDAO revolutionizes the way it collect, protect, share and enjoy human heritage. As an agent of the HDAO, Crayon operates the High Sloth Society with plans to collaborate with future DAOs on Crayon to bring more value to HSS. Can you tell us more about the partnership between Crayon and High Sloth Society? What are the Advantages and benefits of this collaboration? How has been your Journey on this Partnership so far ? What are your future plans to advance this Partnership?
High Slot Society (HSS) will hold its Dutch auction on the 21st of April and as part of plans to generate the needed awareness around this event, HSS organises a competition that coincides with a Raffle draw, where participants stand a chance to win prizes ranging from; $100,000 worth of Cray tokens, Mac Book Pros, iPad and airpods, and a grand prize of a BMW 420i convertible. Considering the calibre of prizes given out, can you briefly elaborate on this competition, what are the participatory criteria, and duration? May we also know a little thing or two about the forth coming Dutch Auction, what should we anticipate and how can we join in? May we also know the manner at which the auction will be conducted, will it be a mix of both an online & a physical auction?
I saw that interest in your treasures is randomly assigned. Does this mean that the interest may fluctuate according to market conditions? If yes, how do you calculate the interest? Which factors will be considered? When there is no fixed interest rate, users may reluctant to invest their funds. How do you assure that they will get better gains compared to the investments? Why did you decide not to fix the interest rate?
According to your roadmap v1.0, you have a plan to launch a physical “Members-only space”. Please elaborate more on this event. Since this is a physical space, it seems this will be limited to the members from a specific geographical area. Why didn’t you organize it virtually so that every member can enjoy the benefits? By the way, what are the requirements to be a member? Should users hold a minimum number of $CRAY?
A recent publication put on your social channels highlights the partnership entered between High Sloth Society and Heritage DAO (HDAO). Through this, it’s stated that Heritage DAO will assign governance rights and special utilities to 1,000 Sloths based on HDAO’s ownership interest in the National Treasure. Being that a lot of members and keenly open to exercising some of this governance rights, can you provide a detailed elaboration of the whole process with this, how sort of role will Heritage DAO play in all of this? Talking about the National treasures, can you principally buttress on these items and worth sort of privileges do they give owners? Finally, can you enlist some of the general duties and functions the HSS DAO is expected to have?
The project’s community plays an important role in the development and solidity of every DeFi project as it is stated that the community is the heart of every DeFi project. With this stated fact, can you tell how Crayon DAO, Heritage DAO (HDAO) and High Sloth Society (HSS) is making sure that the project is as close as possible to the community? What sort of community engagement/reward programs do you have in place for community to earn freely (maybe free token airdrop or even free NFT airdrop)? Do you have any form of community ambassador program to keep the community active? how do you receive feedback from the community? Lastly, How large is your community currently?
It caught my attention that users can be literal keepers of Treasures if they are “lucky enough”. Who are these literal keepers? What are there responsibilities? What do they get as literal keepers? Is the process totally based on “luck”? Do you select the users for these posts randomly? Are there any methods to increase the possibility of becoming a literal keeper?
High Sloth Society (HSS) made an official announcement of collaborating with HIKE to provide and design unique experiences for HSS members both on the Metaverse and offline. From my research, HIKE is a record label behind the Inalchi brand and some notable music festival..Why collaborate with a music-based company? What does this collaboration with HIKE mean for HSS members? What sort of unique experiences will this collaboration with HIKE hold for HSS members(both on the Metaverse and Offline)?
I am quite interested in the Logo of the High Sloth Society (HSS) platform. Logos are pictorial representations of the core values of most projects/platform. From my observation, the HSS logo is a sketch of an overlapping triangle and circle with an eye drawn at the centre. Can you breakdown the meaning of this logo? What does the triangle, circle as well as the eye represent? How does it relate to the core values of HSS? Lastly, why come up with the name High Sloth Society, what does it mean?
Thanks
High Sloth Society (HSS) is a private, members-only digital collective of the most prestigious and secretive society of 10,000 elite sloths. Can you elaborate on why you choose to make HSS a private members project? With only 10,000 elite sloth available, are there plans to increase the number of available sloths inorder to accommodate more users? I also understand that users can earn passive airdrop of tokens via partnership, can you share more information about your partnerships and how users can earn these tokens through partnerships?
I understand that the High Sloth Society is an NFT project provide DAO members and NFT holders the opportunity to hold an interest in actual ancient artefact in their portfolio. Can you explain on how users can become DAO Members in High sloth Society? How can users acquire these Ancient Artefact in High Sloth Society? Aside gaining interest, what are other utilities and advantages of having and holding these NFTs in High sloth Society?
What are the factors that can directly influence the success or failure of your platform, what are the characteristics that can strengthen your presence in the market, how does your DAO system influence the evolution of your ecosystem, what is the level of participation of the community in the efforts and decisions as a Defi project?
What do you consider to be the main reason why 4/5 investors focus their attention on short-term profits, discarding a long participation and weakening the long-term sustainability and longevity of the platform, what are their strategies to keep their investors? Motivated and excited about this project, what are the reasons you offer for investors to keep their tokens and stay immersed in Crayon Finance?
What is the role and main use of NFTs in Crayon Finance, what do you consider to be the financial instruments that currently adapt to market demands and what is Crayon Finance’s ability to efficiently comply with Defi protocols, services and products? In its whole?
You mention that your key priority is community. So, what is your strategy to engage community members and spread awareness about Triall worldwide? Will you launch a ambassador program?