We are pleased to announce our next AMA on May 17th, 2022 at 03:00 PM UTC Time: Satoshi Club x NEST Voice AMA
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join NEST Telegram channel
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. NEST Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about NEST
For more details:
NEST Website – nes.tech
NEST Telegram – @NESTOfficial
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
I learnt that Nest will be introducing a next generation Blockchain infrastructure(self-sovereign identity protocol) that sets the standard for confidential, distributed identity and cross-chain control. Can you explain the dynamics of the self-sovereign identity protocol and it key features? How much success have you achieve implementing SSDID protocol on Nest?
Hello Nest team.
You claim that NEST is the only wallet solution that allows us to truly own and secure our digital assets. Personally, I believe that security in the digital world cannot be provided one hundred percent. To date, there have been many NFT thefts. Please explain what makes NEST more secure than other wallets or platforms? How does it protect our NFTs from theft while also keeping us connected to social media?
Hello Team Nest – it caught my attention to know that the purpose of Nest solutions is to enable the user-led control of one’s own economic potential using your innovative SSID, and users can take charge of monetizing their own data and unlock economic value once reserved for the large corporations. Please let us, how exactly will users be able to control their Economic Potential within Nest Verse using your SSID, and in what manner and how will users be able to monetize their own data and take charge of it ? Could you please explain to us what economic values users could unlock, and how could it be monetized for the benefit of users? How could they (users) be able to reserve their Economic values for the Corporations ? Lastly, what benefits will users get in return from the Corporations
1. I will like to know those problem in crypto and how do you solve those problem.
2. Is there any characteristics of crypto I can not do without..?
And how to be successful in the space.
Secondly consider the Blockchain, so imagine the blockchain technology used for banking transaction, do you think it will be hard to find out how our politicians steal money.?
If NO what make the blockchain UNIQUE..?
Nest approach I read recognizes three 3 Pillars to the future of digital identity, with the first Pillar a representative self-defined and owned digital identity, the second is adequate security mechanisms to protect the storage and use of this digital identity and the third is the right for personal choice, respectfully. Could you please adumbrate on each of the three approach seriatim for more clearity, how does a representative self-defined and owned digital identity works and what benefit has it in the Blockchain? What kind of security mechanisms have you and how secured and reliable is it different from others? Could you explain to us the third approach which is “the right for personal choice” and what it all entails ? Thanks
Coming to the education
Now by carrying an idea, a behavior or style that spread by means of imitation from person to person, How in a symbolic meaning_ How is the education going to be re presenting a particular phenomenons or theme….?
Hi team Nest.
I found out that Users can confidential transact using , Ethereum, Avalanche, Binance smart chain, Solana and even more.Why did Nest choosed more than one chain for transaction? Nest permits the use of different multichains and users can choose to transact with any, with the use of many chain, won’t it be hard to guide against hackers ? What advantages will multichains technology add to your project? Tell us the security measures put in place to secure communication and social media?
I noted that NEST is the next-gen blockchain infrastructure that sets the standard for confidential,distributed identity and cross-chain asset control. We believe that every person must have confidential ownership control to their data and assets with immutable trust. Can you tell us more about the NEST project and what makes it so special compaired to other crypto projects or competitors who also offer similar features? You also made mention that one of the the features of the NEST is the Self-Sovereign Distributed Identity (SSDID), Can you tell us more about the (SSDID),how it works and what it does in the NEST protocol? Thanks
Plagiarism and fraud is a major issue found in the entire NFT space today. I understand that Nest has provided a solution to the problem of protecting digital art Intellectual Property (IP). Nest has found a way to stop people from taking screenshots of their artist’s digital art and re-minting them on other platforms by creating a medium called NEST Cosmos, where organisers and IP owners can register their digital assets which will be cross-checked for plagiarism in the largest on-chain AI data base of traditional and digital artwork. Can you tell us how your registration process is like? How much does it cost to register digital assets? Or is the registration free? How are digital assets cross-checked on NEST Cosmos? And what actions do you take towards artists that are not the original owners of an NFT?
From what I read, I discovered that one of the features of Nest is the Omni wallet – hot and cold wallet. Can you tell us how these two wallets work and the distinguishing features of each of them? What are the notable differences between the two wallets? How do you effectively combine both the hot and cold wallet together? Why did you decide to merge both wallets on Nest? And how has the merging of both wallets made Nest unique and different from other platforms that use just one type of wallet?
You mentioned that NEST do not have access to its users data and NEST never store personal information on its servers nor fully in any blockchain. Only the user itself may hold the keys on their wallet. What if a certain user lost his/her phone or device. Is there any way that the wallet can be recovered? Can you please elaborate and discuss with us your recovery method for those who have lost their devices which contains the wallet app?
The $VLRY token is NEST’s utility token. The token can be used for in-ecosystem purchases, rewarding, and exchanges. Users can earn $VLRY tokens from various network participation. What I noticed from the list of your token utility is that is does not mentioned any information regarding governance. Does this mean NEST do not have any future plans on establishing a community governance or DAO? Can you confirm that this is true and if so, why have you not considered creating a DAO just like most crypto projects?
Mentioned on your website that NEST do have a referral program which users can earn Volary tokens based on the number of activated invitations. Not much information regarding your referral program was published. Can you please elaborate more detail regarding your referral program specifically the percentage of reward, limitations and instructions?
It is always a good thing to see that A Project is its first of it kind to solve some certain Problems & introduce certain Features in the Society. Giving that Nest is the world first confidential, Decentralized Identity Authentication Solution, that allows us to perform all sorts of multi-chain Management, my main interest here is the Interoperability aspect of your Platform, i noticed that your app allows owners to also move Across chains for a low gas Fee, I’m curious to know more about the Networks users can interact with, Do you have a list of Network you support? Such as Binance, Polygon, etc? or We can interact with all the Networks? How about the Gas Fee management in your platform, how much would users be charged anytime they wanna transact Multi-Chain?
On your twitter Handle, There is an Ongoing Important Airdrop event going on, which the Total airdrop supply is 3,000 USDT & 10 Whitelist Spot ready to be giving away, and the event is said to End 25th May 2022 (UTC), but my main interest was that, since you also have a native token, why didn’t you use it for the airdrop Distribution? Instead of Using The USDT? Anyways, i would like you to give necessary information regarding how to participate in the Airdrop Contest, How much USDT would The lucky Winners Get? and again, i would like to get a WL Spot, what could be the Necessary Requirements to Earn a Whitelist spot in your Campaign?
Been First in everything has its own Referenced Advantages , and it is always cool to see that A Project is its first of it kind to solve some certain Problems & introduce certain Features in the Society. In this note, can you talk about the key features you’ve currently Implemented in Your Application? What are the problems you’re trying to solve, and How do you plan to Revolutionize the Web 3.0 identification Authentication? Lastly, can you Actively speak and Discuss more, about What gives you the confidence that this project NEST is going to be a Success in the web 3.0?
As a NFT holder, I am curious to know more details about the security features of NEST. You have highlighted that there are plenty of wallet hacks and scams. How do you ensure that NEST will not be a scam and it cannot be hacked? I am used to keep my assets in 5-6 places since it is better not to keep all the eggs in one basket. Why do you say that the best option is keeping all the assets with NEST? If my device is lost or stolen, what will happen to my digital assets stored in NEST?
You have recently announced about an airdrop with a prize pool of 3,000 USDT and 10 Whitelist spots. Apart from this prize pool, I could not find any information about your Whitelisting process. What are your plans about private and public sales? If we wish to participate in the public sale, when and how should we apply to get Whitelisted? How can we get more information about your platform token and tokenomics? To use NEST, should we hold a certain amount of your tokens?
Can you elaborate more on your Self-Sovereign Decentralized Identity (SSDID)? Are you the first project to introduce this feature to this type of context? Please explain how does this SSDID differ from a password/a private key. Why do you say SSDID is more secure? Can’t anyone steal my SSDID? In addition to security, are there any benefits of using a SSDID?
Hello, NEST team.
In the winter of this year, you had a seed round, which was attended by a number of funds and business angels. Judging by the information in your social networks and on the website, public sales of the $VLRY token are planned for the summer of 2022. Please tell us if you already have an action plan for the implementation of this stage? Will any launchpad platforms be used or will the sale be carried out in some other way? How can I get into the whitelist for a purchase?
Hello, NEST team.
As I understand it, your project’s wallet will be launched soon, which will provide the ability to move NFT among many blockchains. However, we all know that interaction with one or another blockchain costs a small commission in the native token of the network. It turns out that in order to fully use the ability to move, it will be necessary to purchase all the coins of the networks that you use? Or do you have some technical solution that allows you to avoid this inconvenient moment? Tell us more about this, how will it be implemented?
Hello, NEST team.
Judging by the description of your project, in order to link the NFTs that I own to my identity, I will need to go through KYC to get an id inside the project. However, we already know millions of stories when even large companies with entire staff and cybersecurity departments have leaked data. Here we will also talk in some cases about the data of holders of millions of fortunes. How do you guarantee the safety of information?
I think you agree that piracy on NFT also needs attention, besides fraud and theft. Several well-known artists have complained that their work was minted to NFT and traded without their permission. How does NEST ensure this won’t happen?
I found on the NEST website, that one of the advantages that NEST offers is enjoying ON-Chain’s favorite social media. I only found a little info about how NEST will integrate social media, what advantages will users get by integrating their social media through NEST? how many social media will NEST support? and are you going to build your own social media?
We’ve seen imitation NFTs arise, which have the potential to reduce the perceived uniqueness of original NFTs, lowering their value and NESTWeb solves this problem, could you give us a little hint as to how you go about this?
Thanks.
What technology is used by NESTweb, and how does it compare to other systems in terms of critical interoperability and computation functionality?
Could you care to elaborate on the Self-Sovereign Distributed Identity (SSDID) concept?
Although Web 3.0 is beginning to pervade all fields, many projects are adhering to their old ways. How would NESTWeb disrupt Web 2.0 and transition to Web 3.0? What techniques will they employ in order to complete this transformation successfully?
Hello Nest Team!
I had seen Nest’s general approach to NFTs as well as the platform’s plans. You aim at solving very persistent problems in the system. The visions and goals are very wide and pleasing, I must commend, well-done!. It was stated that with Nest, a user can instantly create one NFT or thousands with just a few clicks as well as secure, edit, swap and push the NFT to the Marketplace of my choice. Can you guide us through the NFT creation process? What are the items and resources needed? What tools are present on the platform to aid an easy NFT creation process? Will there be vetting of created NFTs? What fees will be charged in creating, editing, securing, swapping as well as moving the NFTs to a marketplace? Does Nest have or plan to launch its own NFT Marketplace?
Hello Nest Team!
Without doubts, your platform’s current position as well as future plans and goals is something I consider overwhelming. During my course of research, it was stated that Nest’s proprietary POA (proof of authority) blockchain was built on ZKP and splintered, ZTA security. Although, I know that the most notable platform using PoA is Vechain. Why choose the POA algorithm? How does the POA algorithm work? When compared to PoS, PoW, dPoS e.t.c, does the PoA (proof of Authority) algorithm offer a comparatively fast transaction speed and scalability? Why choose to build on ZKP and Splintered, ZTA security? You mentioned a term DLT network, what does it mean and how does it work?
Hello Nest Team!
I carefully studied the Nest platform’s website and blogs. Deeply, the whole structure and advancement plans of the platform had me convinced. You had compared Nest with Coinbase and Metamask. Coinbase is a CEX while I will categorize Metamask as partially decentralised. What is the basis of your comparison with these platforms, what factors did you put into consideration when making the comparison? When compared with the above listed platforms, what benefits and edge does Nest have over these platforms, how well is Nest’s performance as compared to these platforms? It seemed to me like nest utilizes both Layer 1 and Layer 2 blockchain, is this the case? Kindly give details
To date, there has been no regulation or certified mechanism to protect against most hacks and wallet scams. No tool existed to authenticate the originality and ownership of digital assets, until NEST. But what are the tools your platform makes use of to provide a reliable verification system that allows a digital seal for creators that is inviolable? How does NEST differ from other verification models?
NEST allows for confidential transactions using Ethereum, Avalanche, Binance Smart Chain, Volary Network, Solana, Klaytn, Polygon and more. What are the advantages resulting from this multi-chain model for investors and users? All of these networks constitute a wide range of options, but NEST plans to keep adding new networks as the project continues to develop? How will they manage to encompass as many networks as possible to build an interoperable platform without limitations?
Volary (VLRY) is the NEST utility token and from your website I discovered that the name ‘Volary’ means ‘a flock or fight of birds’. What exactly does this imply as regards the utility of this token? Does it entails that we’ll always see VLRY flying at a high price at all moment? The VLRY utility token can be for in-ecosystem purchases, rewards and exchanges. Users can earn Volary when creating, staking, securing as well as from various types of network participation. How can I get to purchase $VLRY token and on what exchange is this token available seeing that NEST supports multiple chain. Can you please shed more light also on the staking program and how I can participate to earn more VLRY?
One of Nest App features is providing “Institutional Grade Custody Solutions”.I haven’t heard of this before.So can you please elaborate more on that,what are the major barriers attached to the way cryptos are stored that requires Institutional Grade Custody to solve the problem?And those this feature appeal to all investors or just for wealth managers and institutions entering the crypto market?And do you think Nest Institutional Grade Custody is the best amongst others in terms security or securing of users funds?Thanks
Concerning the seed round sale for your utility token Volary $VLRY you had notable firms that supported you,they are FirstDigitalHQ,LD_Capital,Enjin,SparkLabsKorea,Next Chymia etc So can you tell us how successful this round was?What was the total amount of $VLRY sold during the event?Can you tell us the usecases/utilities of the $VLRY token?You also plan to have your private round and public listing on different exchanges this 2022.So have you already carried out this plans or you are yet to do so and which exchanges do you plan to list your token?Thanks
In Q3 2022 it is stated that Nest will launch it’s hyper-secured,omni-wallet Mobile Application both in iOS and Android version,and that this wallet comes with some additional layers.So can you tell us what this layers consist of?And to combat the rampant capacity for copyright fraud in the NFT market,what kind of tools have you introduced in the omni-wallet that will help enterprises and users alike safeguard their digital asset ownership control?Can you also tell us the major milestones set for Nest project this 2022 and next?Thanks
NESTⓇ provides control of sensitive ownership of identity and assets, through Web3. NESTⓇ is the next-generation blockchain infrastructure that sets the standard for cross-chain asset control and distributed, sensitive identities. We believe that every person should have confidential control over their data and assets with unshakeable trust. What are the tools that NEST provides to confidentially protect user data? Should NEST be considered a 100% confidential platform? How is data confidentiality achieved through Web3?
the NEST protocol features Self Sovereign Distributed Identity (SSDID) allows people to make personal decisions. From dynamic NFTs, minting to omni-network access, NESTⓇ makes your Web3 accessible. What is Self Sovereign Distributed Identity (SSDID)? How through Self Sovereign Distributed Identity (SSDID) are user data protected? What are the utilities of Self Sovereign Distributed Identity (SSDID)? Advantages and benefits?
My Question
A few days ago NEST Platform announced on Twitter that they were a bit concerned and agitated by the events happening in the market, I quote the Tweet: “Hectic morning in #crypto and stock markets. Be smart and safe with your money. An important reminder to invest only the money you are willing to lose.”
What provisions is your team taking to build an educated and informed community about investment methods? How do you make sure that events like these are not repeated with investors in your community?
I am looking to start my journey in minting NFTs, but hearing about scams every now and then makes it scary to start. You are promising security of our assets but how?
My question
NEST announced that the ecosystem of the project is very far from the general vision of the Metaverse and that many things need to happen first before reaching that goal. That seems very important to me since there are platforms that want to ride the wave of the Metaverse without having the technology, resources, trained personnel and support from the community. What goals do you think need to be met first before taking on the challenge of building a Metaverse and what are the characteristics that a Metaverse should have to be attractive to investors?
My question
I have noticed that a lot of the NEST announcements are related to informative news about the market, for example, a few days ago NEST mentioned something about the fall of SOLANA and the ETHEREUM Gas fees, resulting in the fees of gas went to the moon. How is the NEST market affected by the fall of SOLANA or what is NEST’s opinion about these phenomena? Have ETHEREUM gas fees affected the NEST platform’s business in any way?
I understand that (NEST) is a mobile-first, Web 3.0 passport DLT service ecosystem filled with click-to-create options that allow users to uniquely secure, own and earn from their digital assets. Can you please share with us How NEST will secure Users Digital Assets from Hackers and Scammers? Also I read that NEST has been built to deliver authentic Web 3.0 user-led digital control of both traditional and on-chain engagement. Can you explain how you intend to achieve this and how it will work on NEST ecosystem? What others features / future plans do you have for NEST platform? Thank You
I learnt NEST plans to announce the next private token round in the coming weeks, with the public listing of Volary [VLRY] on various exchanges soon. Do you mind sharing details about the upcoming event? On what exchange platforms will Volary token be listed? What will the utilities and use cases of $VLRY token be on NEST Ecosystem? You mentioned that users who use the NEST app, can earn Volary, what are some of the ways users Can Earn Volary when using the NEST App? Will Holders of Volary token have Governance/ voting rights on NEST?
I find it very important that your NEST ROADMAP included the release of a hyper-secure OMNI-WALLET mobile app, publicly available on iOS and Android operating systems in Q3 2022. Many communities have been seen to be a little nervous because they expect that their projects launch products that value their tokens. What positive impact will the hypersecure OMNI-WALLET Mobile APP have on the NEST market and its potential holders? Do you have any more specific dates about this and any spoilers of how this release will be?
I don’t know much about SSDIDs (Self-Sovereign Decentralized Identification), and you mention that this has some “confidentially controlled” features, those features sound like a centralized project and not a decentralized one, so I have several questions. Is your project centralized or decentralized? What do you mean by “confidentially controlled”? How useful are SSDIDs in the cryptocurrency market? Is this type of technology designed only for mobile apps or can it be used in different fields of cryptocurrencies?
One interesting aspects Users look out for in a project is its Partners, Partnerships are massively important for the wider blockchain industry, its improves the Credibility of a Project and creates a strong and better community. Can you tell us about your strategic Partnerships so Far? How significant has this Partnership been to your Project? Are you currently working on any Partnership? What kind of activities do you have for your community members ( do you have like an ambassador program or a referral programs to attract more users to NEST?
As I noticed, By Web3 Academy Nest consideres a set of educational articles destined to teach the community and provide the most of Web3 to masses. What are the other actions you take or plan to take to promote Nest vision and mass adoption of Web3? Can the community become a part of dedicated courses led by Nest3 team members? Thank you!
Nest is the only multi-chain asset management application providing a posibility to move across chains with low gas fees. Please tell us on which network it is built and to which it can be connected to ensure interoperability? How can you ensure low gas fees when moving from network to network and how does it impact overall securoty level? Can it also some some effect on processing times? Thank you!
I have seen so many projects promising users about how authentic and secured their projects are,but the end result is the exact opposite of what was promised
So instead of storing master files on public network,where it can be easily downloaded and re-mint.Nest came up with a different approach,Nest allows users store their data,in a Decentralized quantum proof network where only the user can de-encrypt.Is this 100% guarantee?How do you also plan to control the rising number of NFT theft,what kind of tools or mechanism will you implement to curtail this problem? Thanks
Nest provides seamless user experience with desktop and mobile interfaces.Cloud and business portal serve scaled solution ,plus click to create nodes.
Can you expaciate on some of the business solutions Nest offers?How are this beneficial to the users? About your click to create nodes.What guidelines are available for users to create their nodes?There are different types of nodes, Full nodes, listening nodes, miner’s nodes etc.So which of this nodes will a user create?Shed more light thanks.
Hello team Nest
From your twitter handle It was announced on May 11th that you’ll be having an airdrop, and the total amount will be 3,000 USDT and 10 whitelist spot.Can you give us detailed information about the airdrop and how to participate?Why is the Whitelist spot limited to just 10? You also mentioned that the airdrop will end in May 25th, Will there be a 2nd opportunity to those that might miss this first phase?kindly explain
Greetings,
There have been several cases of hacks and security breaches in recent times which has even led to more security consciousness amongst investors. It is no news that scammers are looking for the slightest backdoor that they could use to exploit most projects and it’s users. In this regards, can you tell us about the NEST’s platform security strength? How will you ensure that users’ funds are protected from cyber thefts? Also, can you give details on your security audits? Has it been done yet? If yes, who are your audit partners? How well did you pass your audits?
Greetings,
My Question is in regards to the current crash of the Crypto market. Many investors and platform’s lost a lot of funds as a result of the crash (For Ex. We can see what happened with $LUNA and $UST). How did this crash affect the NEST Platform? How were you able to overcome the adverisities caused by this DIP? What strategies and mechanisms does the NEST platform have in place to mitigate/avoid unfavourable market fluctuations is the Crypto sphere? Now, many tokens may rise in price as a result of the initial hype but there may be a dump shortly after. How do you aim to control the $VLRY token’s circulating supply so as to ensure that the token maintains value not just in the short run but also in the long run?
Hello NEST TEAM!
If i am to understand the Concept of your Platform Very well, i know that In the Real world, Our Physical wallets contains an ID card which helps us to engage in the economy. However, i believe Your Platform NEST, aims to Incorporate this Tradition into the Web 3.0 wallets of choice to also include a form of digital Identity. Now Giving that this is AMA was meant to be an Educational Session, i would like you to enlighten us more about the Use of Creating a digital Identity for our Individual wallets and why you think Using Your Platform is the Best Way for us, what could be advantages associated with Using your platform? Thank you.
HELLO NEST TEAM!
Visiting your Website, i noticed Something out of all the Wonderful Features and Products you’ve been able to Highlight and list on the Site, i Noticed that you never made mention of your Native token in your Tokenomics Distribution in the Website. However, out of curiosity, i would like to know where Interested Users can get access to easily know more about your Tokenomics distribution across your platform, can you please help in elaborating more on the Total Utilities of your native Tokens? Is there an advantage of holding your tokens? How is your tokens sourced for? and where can we get them? Thank you
Greetings,
Some of the world’s largest owners of sport teams and coordinators of events are plagued by fraudulent ticket sales in the current system. As a matter of fact, in 2018, 12% of concert ticket buyers were scammed. The major cause of this is that there is no means to verify the authenticity of the tickets. NEST platform aims at addressing this problem. What solutions do you have in place to address these problems associated with tickets buys and sales in the current system? How does your solution aim at verifying the authenticity of every issued ticket? In terms of cost, will your proposed solution be less expensive than the existing ticketing system? What is your view on NFTs?
One of the Philosophies of Nest is the self sovereign distributed identity (SSDID) which Allows users to own real ownership of their assets. Can you elaborate more on the Self Sovereign Distributed Identity (SSDID) and how it works to confidentially give users real world ownership and control over transactions, Exchanges and assets ? What are the advantages of SSDID to the Nest Ecosystem and Also to users? I also saw where you mentioned on the quantum proof protocol, can you breifly explain on It in relation to SSDID?
Inorder to protect NFt Against theft, NEST uses hyper secured and personal encrypted environment for each users and I also saw that each shread of data is stored at a different location in the world. Can you elaborate morebon Hyper Secured and personal encrypted environment which NEST users to protect users NFT against Theft and copyright and how it will work to effectively protect these users? What are other strategies in NEST platform used to protect Users NFTs against Theft? With each shrad of data stored on different Location, wont it take more time for users to decrypt it? Please breifly discuss this?
Hello
For a Platform existing since 2021, I must really say I felt disappointed not being able to find much information on your project but nevertheless, talking about safety of your platform as investors would be leaving their Assets with you, have you done Any smart contract, KYC audit yet? What are security strategies and arrangements put in place in order to win investors trust and fully convince them to have proof of Trust in NEST team and that NEST is fully safe and secured? I also couldn’t find your roadmap, what are other futures plans upcoming in the NEST ecosystem?
I saw NEST offers an all-in-one asset management option. Please elaborate more on this feature. In addition to cryptocurrencies and NFTs, what kind of virtual assets are accepted in NEST? Since you offer multi-chain facility, can we deposit from one chain and withdraw from another chain? For example, can we deposit USDT from Tron Chain and withdraw those USDT as BEP-20?
According to the results of the anonymous poll conducted in your Telegram group, 81% uses Metamask and 75% uses Trust Wallet to store their NFTs. These results prove that users choose more than one wallet to store their assets, and Metamask and Trust Wallet are more popular. My question is, what are your plans to compete with these popular wallets? Further, how do you encourage users to store all their assets in NEST without diversifying portfolios?
Can you explain more about your Hacker Proof feature? I read that our data will be decentralized in case of emergency and only the user can de-encrypt them. What is the method of de-encrypting? If a hacker has the DID of the particular user, can’t he de-encrypt the data? BTW, what is your mechanism to keep Bots away from NEST?
How is NEST contributing to the WEB3.0?
By joining your telegram community, they present us with an anonymous survey about the wallets we use, what is the real objective of this survey, which of them do you recommend using especially for new crypto investors, tell us about your decentralized identification protocols, what are the new updates to be announced soon?
Some of the leading digital art galleries and creators have problems actively protecting digital art intellectual property (IP), and find it difficult to manage, exchange and mint NFTs for many hundreds of Artists, Projects and Shows. NEST boasts of providing a solution to this issue. Can you tell us how you aim to make the process of exchange, minting and management of NFTs for several artists, projects and shows itch free? How does leveraging the NEST platform help in actively protecting digital art intellectual property (IP)?
Hello NEST team.
Among cryptoassets, NFTs are gaining a lot of attention. As NEST, you say that up to 80% of the NFT space is fraudulent and you will fix this problem. What do you mean when you say that up to 80% of the NFT space is fraudulent? What kind of frauds are you talking about? What solutions do you offer for the frauds you mentioned?
Thanks.
Hacks and scams are more present every day in the crypto market, what measures and protocols do they have to protect the integrity of their ecosystem and provide their investors, owners and partners with enough confidence to collaborate with the team towards the evolution of the platform What are the aspects that you plan to resolve and strengthen with the highest priority?
Multiple leading custody providers takes responsibility for safeguarding clients assets with secure, accessible and integrated financial services. Built for the digital space, NEST provides a bespoke all in one solution for asset management ensuring a robust CMS and singular point of entry for all clients digital assets. Can you give details on how the “all in one solution” for asset management works? How will you make sure that the clients digital assets will have just a single entry point regardless of the varieties of the assets? Can you give examples on some of these digital assets that you made mention of?
Having to use a number of platforms to safely and securely store assets results in a fragmented experience. Current solutions lack third party providers integrating with their back end technology and client portals. Without the means to transfer assets across chain and between protocols, custody providers have to use exchanges and non-bespoke third party cross chain bridges to move assets, A security risk. You had mentioned that NEST will provide a solution to this. Detail us on how you aim to provide a lasting Solution to this problems of fragmentation in the current existing systems. How will you make the process of transferring assets across chains seemingly flexible and secure?
Every day new threats appear and make cryptocurrencies a more vulnerable and easy market to attack, how Nest will be able to stay safe and what alternatives can it bring to Defi to strengthen it and manage to solve still unfinished aspects such as security and interoperability, which What are the most worrying aspects that you currently have and what are their possible solutions?
Talking about digital ownership of assets, They can be stolen with few clicks by smart hackers. In here You said that the solution for the digital authentication is the NEST Platform. So, What are the legal regulations that implement within the NEST ecosystem to avoid such scams & Copy right issues? Also, in which manner will you provide a Confidential & transparent NFT protective service in Web3.0 space? Even if Some one Hack the NEST wallet, What will you do? Do you have a better mechanism to track the hackers & Punish them with a penalty?
Looking at Partnerships of NEST Platform, I am interseted since the partnered platforms such as FENBUSHI CAPITAL, BIG BRAIN HOLDINGS, DOUBLE PEAK, IPFS etc.. including more than 10 collaborations. NEST as a Web3.0 project, How about their contribution towards the NEST Protocol? Did they fund on the NEST network? Also I Saw that Binance & Ethereum networks have been cooperated with the NEST platform. So, How about their dedication on the NEST? Please share with us the Vision & the upcoming events that affect on NEST platform positively with the Cooperation of your Partners?
I could not find about the core Team of NEST project. Can you give a brief description about your team members? Are they working remotely or In a same place? Tell us about their background related to the Blockchain industry? Are you anonymous team or fully doxxed one? However, Users love to see the transparency in every Project. How is your opinion about that? Will you be a transparent team & transparent project in future?
From your website, You claimed that Nest plans on establishing the next generation Blockchain infrastructure(self-sovereign identity protocol) that sets the standard for confidential, distributed identity and cross-chain control. Can you give us more insights on this and elaborate on the dynamics of the self-sovereign identity protocol and how it will solve some underlying problems in the blockchain ecosystem?
Hi NEST team , All I can say is that i am totally impressed by your wonderful plans for your projects.
Now Most Projects do promise all this wonderful aspects and attributes but at the end of the day, we realize that these attributes can’t be accomplished maybe because of some underlying effects or maybe because they weren’t planned well initially.
Tell us how this is different from other projects with visions but failed woefully at launch and why should investors buy the idea of your projects without Being scared of losing their capitals.