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 Puppies Network and our
guests was @NaughtyPuppy. The AMA took place on 21 August.
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 community
We are pleased to
announce AMA with Puppies Network.
Today our guest is @NaughtyPuppy🐶
Andrés
M. | Satoshi Club: [ 😃 Sticker ]
@NaughtyPuppy welcome
to Satoshi Club, we are glad to have you here.
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
Hello everyone!! Are we all as excited as me to be here!??
Gold
Rocket | Satoshi Club: Hello and welcome to Satoshi Club,
@NaughtyPuppy!
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
[ 👍 Sticker ]
Gold
Rocket | Satoshi Club: [ 👅 Sticker ]
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
Thank you for giving me the opportunity
Love this community!
[ ❤️
Sticker ]
Andrés
M. | Satoshi Club: Of course we are, a big quantity of
members online excited for this AMA😁
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
Amazing!
Gold
Rocket | Satoshi Club: we are also as well very excited
about the upcoming AMA😍
Thanks for joining!
Let’s start!
[ 👌 Sticker ]
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):Pleasure!
Gold
Rocket | Satoshi Club: Introduce yourself please. How did
you get to be involved in crypto & Puppies Network?
Tell us please about
your position in Puppies Network?
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
Great!
I lead the PR &
Marketing department in Puppies Network.
I have been in the
Crypto space for over 5 years. I got involved with it cause I saw once an
article about BTC
Together with a group
of friends and colleagues decided to construct a project that would change the
meme ecosystem
And would be able to
provide to the community both human and K9
Gold
Rocket | Satoshi Club: He he. how many times have you thanked for reading
this article 😁
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
Hahahahah
Tell me about it!
I actually thank life
for more than just that article
We are so lucky
Gold
Rocket | Satoshi Club: One day you will write a book, I
hope😁
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
Not only financially, there are a lot of people that struggle
Gold
Rocket | Satoshi Club: Indeed.
Andrés
M. | Satoshi Club: [ 👍 Sticker ]
Gold
Rocket | Satoshi Club: we are still at the beginning of
crypto history
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
And has the power to change the world the way we see it today!
Gold
Rocket | Satoshi Club: Absolutely😊
What is the essence of
Puppies Network?
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
Our vision is to create value and meaning. Assist the community, hear the
community and work together with the community
Andrés
M. | Satoshi Club: What benefits do you offer to the
crypto space and the world in general?
Gold
Rocket | Satoshi Club: Great motto 👍
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
At the same provide for the least fortunate and deliver a sustainable ecosystem
that continues to thrive
As our name states, all
members of our team are interested in helping puppies
We didn’t just pick the
name puppies without a genuine interest
Andrés
M. | Satoshi Club: That’s a noble cause
Gold
Rocket | Satoshi Club:does this mean that you are not
just a hype puppy project. do you have charity?
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
Thank you! 😊
We are way more than
that
I think one of the best
attributes of Puppies Network project is that we are aware of more than one
contributing factor when it comes to animal welfare
Gold
Rocket | Satoshi Club: Please tell us about the team that
helps the plans
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
Donating money to some
shelter helps in the short term but it is not the solution in the long term
Andrés
M. | Satoshi Club: What are the main benefits you offer
for long term investors?
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
Our team consist of crypto experts, a team of Blockchain engineers, marketing
gurus, strategic planners, Tokenomics experts
All of them have at
least 5 years experience
Gold
Rocket | Satoshi Club: Are you an anonymous team?
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
We see our project as a potential store of value and at the same time doing
something positive for the the least fortunate
Gold
Rocket | Satoshi Club: Great background 👍
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
Yes we are an anonymous team
But we are only
anonymous
Not because we don’t
like to be famous 🤣🤣🤣
It’s just that some of
the members of our team are based
In countries were
crypto regulations are not so welcoming
Gold
Rocket | Satoshi Club: modesty is the sister of talent😁
Thanks for great
introduction, we will have several questions selected for the Part 1. Ready to
start?
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
Sure!!
[ 👌 Sticker ]
Andrés
M. | Satoshi Club: Let’s go🥳
Q1 from Telegram User
@UplineStephen
No
more scams, no more rug pulls, no more whales. $PPN tokens are entirely
community-driven, and we make decisions together while keeping the future of
our treasured puppies in mind. Also, $PPN token will give all the holders an
access to its vibrant ecosystem and multitude of woofing utilities, which
includes things like NFTs, farming and staking etc. My question is, to qualify
as a member your community or part of your ecosystem, is there any specific
amount of tokens required that one needs to hold to be able to participate in
decision making that happens in the ecosystem?
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
So far there hasn’t been any decided
amount on tokens.
As we are a super
dynamic team we are happy to introduce changes that would always benefit the
community.
For example introducing
a DAO.
We recently had a
community vote which equally included every puppy with having a say in it
The results from this
was the burning of 50% of our supply LIVEEEE
Santa Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
Andrés
M. | Satoshi Club: Will be great to be part of that
incredible community, what are the ways to earn $PPN tokens?
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
We also showed in that short video a how normally gets done trying to bring
more adoption and development in the community
$PPN is a deflationary
token. holders earn tokens with every
transaction through a redistribution mechanism implemented in our smart
contract
Andrés
M. | Satoshi Club: Congratulations, community is the
pillar of each project😃
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
At the same, a portion of tokens get burned as well
With every transaction
I think community is
the pillar of the world
Gold
Rocket | Satoshi Club: good mechanism👏
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY): Without
community we are meaningless
Andrés
M. | Satoshi Club: Completely agree
Gold
Rocket | Satoshi Club: Thanks for your answers
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
Nooo hahaha Thank you for your questions 😍😍
Gold
Rocket | Satoshi Club: Ready to proceed to the next
question😁
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY): Sure
Andrés
M. | Satoshi Club: Still 5 coming for this segment😁
Q2 from telegram user
@Billz120
On
your PUPPYPAPER 08 (Staking advantages of puppy Token), you assured, all the
stakers of the world of dogs are warmly welcomed to join your platform for all
types of Staking. But you did not State the Staking advantages of Puppy Token
thereon, so please could you tell us what are these staking advantages of Puppy
Token? What is the cost of (1) One Puppy on NFT PUPPIES ($PPNS)? Could you
please tell us the total cost $PPNS of 50 different breeds of Puppies suppose
an enthusiast like myself intends staking that much? Could you equally tell us
the names of these different 50 puppy breeds and their unique features?
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
This is actually a very good question
Hahaha
And I wish I was
authorized to disclose all that info
Pretty much would be
revealing all our Aces
But I can give couple
of sneak peakLet’s see…
Andrés
M. | Satoshi Club: Please😁
Gold
Rocket | Satoshi Club: [ 😑 Sticker ]
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
First of all, development of a project like this take time, so please keep that
in mind hahaha
The costs will vary. We
are introducing multiple types of NFTs
2Ds, 3Ds and animated
NFTs
We are also introducing
a NFT Marketplace in our website
From what I have seen
in other projects it seems like some are just introducing NFTs for the hype and
are kind of selling pretty smoke
Our NFTs have meaning
and are designed by a world-class graphic designer
We have a team of 2 and
always looking for new talents
Gold
Rocket | Satoshi Club: yes, I always want to find my
diamond in this crazy sea
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
There are hidden items in some of the NFTs which make them rare, semi-rare, etc
Gold
Rocket | Satoshi Club: The quality is really worthy of
respect😊
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY): We
are also working into having NFTs that change mood according to weather
conditions. However for that part of the code would have to be centralized and
we still haven’t decided on that yet
Andrés M. | Satoshi Club:
Could you share some pieces of art with us?😁
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
Sure, not sure if you have been able to see the video I just posted above. In
the next couple
Of days
We will have the 2D
NFTs to reveal
Thank you so much! It
means a lot to us and to our amazing designer! His work is mind-blowing
Gold
Rocket | Satoshi Club: Wow amazing 🤩
Q3 from telegram user
@Cheriemike
On
completion of each phase,you pledge to donate funds to the dog shelters.But
going through your tokenomics,i couldn’t find the percentage given to support
dog shelters,can you tell us what will be the percentage given to dog
shelters?Are you also planning on partnering with some charity organizations to
show their support for strayed/homeless dogs etc?How can we support or make
donations to the shelters?
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
I love this question!!😍😍😍
As I said earlier I am
extremely proud to say that in our project we understand that just donating to
dog shelters doesn’t change the issues
In the long term
Our vision is more in
line with countries like Holland or Norway which contributed to the solution in
a larger spectrum
In our opinion, there
are 3-4 major contributing factors to having an effective change to the current
situation.
A strictly enforced
animal welfare legislation imposed by governments, sterilization, tax hikes on
pet breeders, driving the community towards making pet adoption a cool trend
and education as to the correct requirements should they wish to share their
lives with a new companion.
A puppy is not for
Xmas, a puppy is for Life and they are not just food and water, they are much
more than that
Andrés
M. | Satoshi Club: That’s true, a puppy is not a toy
Gold
Rocket | Satoshi Club: No one can love you like a puppy 😊
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
So we have not decided on how much percentage we will be donating, but it is
clear for us that they have to be organization that help make a real change
through the factors that I mentioned above
Andrés
M. | Satoshi Club: Yes 😍, they are members of sour
family
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
As we are a super community oriented project, we are happy to listen and make
informed and collective decisions TOGETHER
keeping in mind that
what we want is a change
There are multiple way
to donate to shelters but I think if we follow the path of the processes I
described the result would be much more effective
And also with regard to
partnership we are open as long as they follow our vision
Andrés
M. | Satoshi Club: It’s an thrilling topic btw
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
I actually love it!
Hahaha not sure if it
shows
Hahahah
It comes from the heart
Andrés
M. | Satoshi Club: So, regarding tokenomics how is it
distributed? Max supply and current market cap?
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
Sure
Our total supply is 1
quadrillion
50% was burned making
the total of circulating supply of 500 trillions.
With every transaction
nthwre is a 5% tax:
2% – buy back and burn
2% – distributed as
$PPN token rewards to all holders
1% – burned
Our current fully
diluted Market Cap is just short of $4M
Andrés
M. | Satoshi Club: That’s what people called as a crypto
gem😁
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
We are just 11 days old
The fact is that who
doesn’t love puppies?
And as any puppy we
grow fast hahaha
Andrés
M. | Satoshi Club: Good point haha
Gold
Rocket | Satoshi Club: do you have real pets in your
family btw? 🐶😁
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
I dooo
Hahaha
All adopted
I even have a cat that
behave like a dog
Gold
Rocket | Satoshi Club: Puppy?🤩
Lol
Andrés
M. | Satoshi Club: what breed is it?
Gold
Rocket | Satoshi Club: It’s funny
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY): Excuse
me?
Hahahaja
Gold
Rocket | Satoshi Club: I have 1 golden retriever, 1
sausage dog (dachshund)
And the cat is a Maine
coon
Andrés
M. | Satoshi Club: Sorry haha
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
That was funny 😂
Gold
Rocket | Satoshi Club: our bot dislikes some dog projects
😂🙈
Hahaha
Maybe is cause of the
cat
Thank God we are a
puppy project in that case
Gold
Rocket | Satoshi Club: Thanks for your answers
Andrés
M. | Satoshi Club: Haha maybe he is allergic🤣
Q4 from Telegram User
@andrey_seleznov
Hi
Puppies!
I
read that Puppies envision $PPN Token as a fair universal currency for the
people across the globe and not just a meme token. Could you please tell us
what are the real use cases that sets Puppies apart from abundant meme tokens?
I’d also like to ask how you plan to approach undoing the damage done by
scammers, schemers, and bad actors that you mention on the website? Are you
planning some compensatory pools for the victims of rug pulls and online scams?
Thank
you!
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
Interesting!
Let me start with the
first question.
Our real use cases are
NFTs, e-commerce, store of value and having real meaning by assisting the least
fortunate. I don’t know if you guys have had the change to help others but when
it comes it just feels great.
So linking to the last
question We have not come across that request of helping victims from previous
rug pulls or scams but there is something that we are more than happy to
consider
If the community feels
that it is needed and makes a good change we are more than happy to contribute
in any way we can
Apart of rugpulls and
scams there are other options out there to help community e.g. humans with
special needs
As we grow together we
would love to get input from everyone in the community
At the moment we were
just focusing in puppies but happy to take the feedback and future actions in
our rollout plans
Andrés
M. | Satoshi Club: Complete and detailed answer, would you
like to add something before the next question?
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
We are in such an early phase of the adoption of DeFi and crypto that there are
endless possibilities. As I said before, we can change the world
Q5 from Telegram User
@DK177
Recently,
you have collaborated with Smart State. Please explain the advantages that both
parties receive through this partnership. In your medium, you have indicated
about one benefit for your project. According to it, Puppies Network will be
protected from bot activities due to this collaboration. How effective is it?
Do they properly identify human activities and bot activities? Preventing bot
activities does not make a platform 100% risk free. What are your other
security measures? Do you have plans to build up partnerships with auditing
platforms and insurance providers in the near future?
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
This question is great! Lots to say!!
So will there be a bot
protection? Actually yes, there was
Andrés
M. | Satoshi Club: Take your time, don’t worry😃
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
Thank you
I appreciate it
So…
Our team managed to
Achieve a successful deployment
The most critical part
of any project is when the token goes live
Through SmartState
technology we were able to protect the community against the sniping bots for
72 blocks.
For the majority of projects
(if not all) these is a huge issue. Bots snipe when liquidity gets added and
they keep on dumping on the community for weeks
Making the rich richer
and the community poorer.
This was a core value
of ours
We wanted a change
And with our technology
we were able to pull that off successfully as you can see from the transactions
This was so important
to us that we delayed our launch in order to make sure that the community was
not going to be hurt
Gold
Rocket | Satoshi Club: I am watching you and I understand that you
are a very human project. charitable and caring for the neighbor …
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
The technology is able to differenciate between bot and human.
The member that made
the question is totally right, preventing bot activities doesn’t make a
platform 100% risk free. Therefore our partnership with SmartState is on going.
They have audited the
contract, provided feedback, made sure there were no arithmetic over/under
flows or malicious codes
Gold
Rocket | Satoshi Club: What other partnerships do you
have now?
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
We conducted multiple tests for verification and we made sure that we were
following industries best practices
We have received a
large number of offers for partnership which are continually under review in
order to deliver an optimal result for our community. As soon as another
partnership gets finalized we will share the news 🙂
Q6 from Telegram User
@Asela1112
It
took my attention about a “Woof-Woof” or “Win-Win” situation in your Farming
& Staking protocal. It says, users can earn more $PPN tokens in return,
after locking NFTs & $PPN tokens for a certain period of time. So how do I
involve on “Win-Win” situation? What is the staking/farming procedure? What is
the minimum amount of $PPN tokens & minimum worth of NFTs to enter to the
farming/staking protocal? How about the locking period, is it 3 months or 6
months to unstake user’s investment? What is the APY or ROI of staking/farming
protocal? Can we reinvest our NFTs & $PPN tokens?
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
This in another amazing question. I’m afraid being part of the 2nf phase of our
road map I should not disclose much.
But I’ll try to answer
as much as I can
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
Just a quick teaser, staked tokens will earn rewards which will be issue to
redeem against real puppy token merchandise in the e-commerce platform
During one of our team
discussion we felt that putting a minimum on amount for staking was not optimal
But again we are happy
to take the community opinion on this as well
Andrés
M. | Satoshi Club: Could you share us your whole roadmap?
We want to check what’s coming for the project
Santa
Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY):
At the same Phase 2 will have very exciting development like having the token
also in BSC network
(just a kind reminder to everyone, at the
moment our puppies only live in the ERC ecosystem)
Please be aware of fake
tokens not only for $PPN but for all other tokens. And always get the contracts
directly from official sources
Part
2 — live questions from the Telegram community
Q1 from telegram username @coinresearcher
You mentioned in the AMA your community can make
collective decisions together so how can I be one of your community?
Santa Paws 🎅🏼 🐾 (WILL NEVER
DM YOU FIRST OR ASK FOR MONEY):
First of all I invite not only you, but everyone to join our community and see
what we stand for.
Our telegram is:
@PuppiesNetwork
We are always paying
attention to what the community likes,
dislike and want from our project. So any thoughts, suggestions or ideas are
always taken into consideration.
In fact the gleam.io
competition was one idea from a community members.
So the first step would
be to jump aboard!!! And join us across social media!
Q2 from telegram username @Jackichang1
Did your project make any benefit yet? What strategy used?@NaughtyPuppy
Santa Paws 🎅🏼 🐾 (WILL NEVER
DM YOU FIRST OR ASK FOR MONEY):
As you can see from our smart contract, team tokens and marketing tokens are
vested for years. This project is not intended for a “pump and dump”.
We have not sold any
tokens yet as we believe we are still extremely undervalued and destined to go
to much higher places
Q3 from telegram username @MM_carlos
You mentioned that with every nthwre transaction
there is a 5% tax:
2% – buyback and burn
2% – Distributed as $ PPN token rewards to all
holders
1% – burned
How many holders do you currently have in your
project?
Santa Paws 🎅🏼 🐾 (WILL NEVER
DM YOU FIRST OR ASK FOR MONEY):
At the moment we have 309 holders, it just goes to show how much we are in the
early stages. There is so much room for sustainable growth!!!!
And I hope after this
AMA the community can understand the value of our project!
Q4 from telegram username @sscpaster
From where the TAX come from? Who paid the TAX and
where does the money goes?
Santa Paws 🎅🏼 🐾 (WILL NEVER
DM YOU FIRST OR ASK FOR MONEY):
The tax comes from sellers and goes to each and every holder.
Some investors come at
early stages and then leave after quick gains, since this is not what Puppies
Network is about we implemented the tax to reward those that are committed to
thrive together
Q5 from telegram username @Kabirkapoor9
Hello @NaughtyPuppy
Will Puppies dog consider charity programmes for
social cause like donation to support street dogs? Are you guys in talks with
any Non profit organisations?
Santa Paws 🎅🏼 🐾 (WILL NEVER
DM YOU FIRST OR ASK FOR MONEY):
Yes! That’s one of our core values in Puppies Network.
Making sure that the
number of stray dogs gets reduce through effective and sustainable methods that
I mentioned before!
Q6 from telegram username @Asela1112
Hello🙋♂️
@NaughtyPuppy
You offer a kind of specific incentives called
“Special Woof Factors”. Can you describe more about this specific
offering? Will there be a breeding system to make hybrid Puppy offsprings?
Santa Paws 🎅🏼 🐾 (WILL NEVER
DM YOU FIRST OR ASK FOR MONEY):
This is one of the NFTs
capabilities that are under consideration. The Metaverse contains HUGE
possibilities and all of those are being considered thoroughly
Q7 from telegram username @Rose_b2b
Do you have AUDIT certificates, or are you working
to AUDIT your project, to make It more secure and reliable ??Thanks
Santa Paws 🎅🏼 🐾 (WILL NEVER DM YOU FIRST OR ASK FOR MONEY): Yes we do! And here I will post it for every to refer to 🙂
It will have a public pre-sale on August 23 and the
launch will be on August 25, so after these investment rounds, how would be the
estimated time to see the first results of the project? What will the money
raised in these investment rounds be spent on?
Santa Paws 🎅🏼 🐾 (WILL NEVER
DM YOU FIRST OR ASK FOR MONEY):
There was no presale done. We had a fair launch which allowed everyone in the
community to participate collectively and with 0 bot sniping 🚫🤖🤖
Q9 from telegram username @boradam
As you mentioned you are anonymous because in your
country crypto regulations are not so welcoming what if in the future everyone
accepts crypto can you go public?
Santa Paws 🎅🏼 🐾 (WILL NEVER
DM YOU FIRST OR ASK FOR MONEY):
We have actually asked ourselves that very same question. And the the answer is
yes. We would be very much open to that possibility.
I think the community
has concerns with anonymous teams because of rugpull and scams but as you can
see we aren’t going anywhere, except to higher and higher places together as a
community.
So if the time comes we
will remove our puppy masks and show our faces!
Q10 from telegram username @vedamatrix
Welcome @NaughtyPuppy Why you are known as
NaughtyPuppy?
Santa Paws 🎅🏼 🐾 (WILL NEVER
DM YOU FIRST OR ASK FOR MONEY):
Like any meme token we believe that a bit of humor brings the community
together.
My team name is
Santa-Paws so a joke relating to being a
naughty puppy was just the perfect match!
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 BurningMoon and our guests, @Rainhard1 and @Laurenz_1. The AMA took place on the 20th of August.
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 Burning Moon! Welcome to Satoshi Club😀
Andrés M. | Satoshi Club: Dear community, welcome to another AMA session today. Our guest from BurningMoon are @Rainhard1 and @Laurenz_1!
Rainhard: Hello, glad to be here 🙂
Mary | Satoshi Club: Hello and welcome to Satoshi Club🔥
Laurenz: Hello everybody, really appreciate to be here today.
Mary | Satoshi Club: Happy to e-meet you today👏
Andrés M. | Satoshi Club: It’s a pleasure for us!
Mary | Satoshi Club: How are you, guys?
Laurenz: All fine, really busy as it’s getting closer and closer to our launch!
Rainhard: Great, thanks 🙂
Mary | Satoshi Club: Awesome! So, we won’t waste our time and will start our hot AMA session🔥🔥🔥
Laurenz: Let’s go🚀
Mary | Satoshi Club: Guys, could you please introduce yourselves and tell us more about Burning Moon🚀
Laurenz: My Name is Laurenz, and I’m in the core team since the very beginning of our projects. My responsibility is marketing and administrative tasks for our project. I’m from Germany like the most of our team members.
Mary | Satoshi Club: How did you get involved in the cryptospace?😀
Laurenz: I started to get more and more interested in crypto after the last big bull run. After been disappointed in a lot of projects and met Rainhard. I focused more in creating something special by our own.
Mary | Satoshi Club: I understand you😀 but you are still here and you’re a winner!
Laurenz: Will never leave again, that’s for sure😉
Rainhard: Sure, I’m Rainhard. I’m the Developer behind BurningMoon. I’m from Austria. BurningMoon is a token we work on since 3 months now and now we are finally close to launch, but more details in the AMA.
Mary | Satoshi Club: Oh, your role is very important for the project!
Rainhard: I got involved in crypto quite late. Usually I’m early adopter basically everywhere, but with crypto I was (sadly) slow and only started in early 2021.
Mary | Satoshi Club: Welcome to the club😂
Andrés M. | Satoshi Club: Nice to meet you guys, please tell us what is the essence of BurningMoon and which products do you offer?
Rainhard: BurningMoon is in it’s essence a token that rewards holders for holding like so many other token. But we brought that to the extreme with BurningMoon.
Mary | Satoshi Club: Thank you for your intro👍 We choose 6 questions from our community for the first part of our AMA🚀 Are you ready for them?
Rainhard: I’m ready 🙂
Laurenz: Definitely!
Andrés M. | Satoshi Club: Thanks for the intro, let’s proceed😁
Q1 from Telegram user @ItsMelissa3:
There is little time left for the launch of the BurningMoon token, only a few days left. What are the steps to participate in the Whitelist Contest? How can we win our ticket to the BurningMoon whitelist? How many tickets will be distributed? Will the users who are at the top of the whitelist receive any exclusive benefits?
Rainhard: We have a Shill-Contest where you can win whitelist spots: https://t.me/BurningMoonBSC/14914 We want to reward active Community members with a whitelist spot.
There will be no top or bottom on the list and everyone will have the same whitelist advantages for the BurningMoon launch, which will be a quite special launch 🙂
Andrés M. | Satoshi Club: Great opportunity🥳
Rainhard: Yes, right now it’s still easy to get a spot 🙂
Andrés M. | Satoshi Club: So, why users should buy your token? Will be there staking or farming benefits?
Rainhard: Yes, we will have benefits for holding the token in BNB that can also be paid out in other token 🙂
Mary | Satoshi Club: As a group admin I want to ask you if you will respect another communities rules?😀 Because not all groups allow shilling😉 Why do you choose this style of whitelisting?
Rainhard: We do not encourage blind shilling. I much rather encourage people to tell their friends about it, as that’s much more effective that spaming other groups with copy pasted texts.
As a group admin, I also do not enjoy those shill messages either and telegram bans quite quickly anyway nowadays.
Andrés M. | Satoshi Club: Good strategy, word of mouth marketing.
Rainhard: Yes, much more effective.
Mary | Satoshi Club: True respect👍 We appreciate this!
Andrés M. | Satoshi Club: Thanks for the answer, are you ready to go with the next question?
Rainhard: Ready!
Q2 from Telegram user @Arisabela:
I wanted to access the information on your website, but it seems not to be accessible, can you tell us what aspects of the project are you focusing on right now? I ask because I read in your group that they think to develop a true use case for BurningMoon, that you aim it to enable you to partner with a lot of other projects, but there’s no mention about how you will do it. Please show us all details.
Laurenz: The website is currently being finished in the background. Currently you only see a teaser site.
Most details about BurningMoon will be released in the telegram group, but the website will be accessible before launch.
We will have a Feature called “Promotion Token”. This feature enables us to make mutually beneficial partnerships with other tokens and increase our long term viability.
Andrés M. | Satoshi Club: Please share with us the links to your communities to join and know more about the project😃
Mary | Satoshi Club: Interesting system🙂 What features will your token have? How users will be able to use it?
Andrés M. | Satoshi Club: Yes, please tell us about the main use cases.
Rainhard: It will have a lot of features built in, to make it adaptable to many use cases, and we are planning to build an ecosystem around the token.
We are currently working on things like NFTs that will be paid in BM and we are planning to incorporate those NFTs in a game we are currently planning.
Also, we are planning a launchpad where developers can launch token that are 100% safe that is of course, also paid in BM.
As we made the contract really flexible, we can develop a lot use cases around the token that wouldn’t be possible with other high tax token.
Mary | Satoshi Club: Great plans, guys!👍
Rainhard: Planned for 3 months now 🙂 Back in the day “moon” token were still the hottest thing 🙂
Andrés M. | Satoshi Club: A lot of amazing things coming👏 Thanks for sharing. Now, is time to proceed with the 3rd question.
Rainhard: Let’s go 🙂
Q3 from Telegram user @alice_wonderland12:
In most BSC tokens, either the dev rugs you after a couple of hours or it turns out to be a pump n dump scam or the coin moons for little time before collapsing to never recover. How is BurningMoon different?
Rainhard: Yes, that’s true. That was also our incentive why we made an own token.
First, we will make sure we are as transparent as possible. The contract will be fully audited before launch, so a rug is almost impossible.
Because of all the rugs and pump and dumps, people lost trust into BSC projects so, understandably, they want to get out ASAP to not lose their funds. Often at a loss. And so projects end up as pump and dump, even projects with great plans.
We try to be sustainable long term. We aim to build a real use case and have a lot of partnerships.
The unique functions of the contract will help us to achieve long term viability.
Andrés M. | Satoshi Club: It seems that everything is SAFU💪
Mary | Satoshi Club: I want to ask about your team🙂 Is it public?
Rainhard: No, its anonymous.
Laurenz: It’s anonymous, but there will be different team AMA to get people know about our team behind!
Mary | Satoshi Club: Gotcha👍
Andrés M. | Satoshi Club: Who will audit your contract?
Rainhard: Solid group, should be done by Sunday.
Andrés M. | Satoshi Club: Excellent👏 safety first!
Mary | Satoshi Club: We will follow your updates about team and audit👍 Thank you for your answers! Ready to jump to the next question?
Laurenz: Ready!
Q4 from Telegram user @Jmagsss:
I saw your ad about the “BurningMoon Whitelist Shill Contest” and one of the criteria of being eligible on the whitelist for your project is if I hold and burn 100,000 $SAVEBTC tokens from SaveBitcoin project (@SaveBitcoinBSC). May I know what is your relation with this project? Do you have partnership and collaboration with SaveBitcoin? Also, you mentioned that if I burned an additional 50,000 more $SAVEBTC tokens on top of the 100,000, I will be granted a Diamond Ticket that gives me potential benefits in the future. Can you give us more details of what benefits can we expect from being a Diamond Ticket holder?
Laurenz: SaveBitcoin is an earlier project of mine that was made as a joke as the bear market began. It’s meant to burn a percentage of it’s transaction volume in form of Bitcoin.
Burning 100k SaveBitcoin gives you a whitelist ticket. Currently, 100k SaveBitcoin are worth 1000$, so a Whitelist Ticket is quite expensive that way. But that doesn’t stop people from burning their SaveBTC.
The Diamond Ticket is a NFT that will later grant you special bonuses in the future, like early access to other projects etc.
Andrés M. | Satoshi Club: So, could you tell us about your current partnerships different to SaveBTC?
Rainhard: We have a few partnerships with other token planned, but nothing yet finalized, so I can’t share details.
Mary | Satoshi Club: We will wait for the news🙂 Thank you for your answers! Ready to proceed?
Laurenz: Sure!
Rainhard: Ready.
Laurenz: You welcome to follow us!
Mary | Satoshi Club: Sure😉
Q5 from Telegram user @igervacio:
Some platforms publish NFTs constantly for the mere fact that NFTs have become popular, but others do not do so for popularity, but for exclusivity. Both factors are important to obtain good results, how does BurningMoon plan to develop exclusive NFTs that can be traded automatically? What uses will most of the tariffs used to buy the NFTs have?
Rainhard: We won’t publish NFTs just for the sake of it.
We will create an unique way of trading those NFTs and we will use most fees collected from the NFTs to buyback and burn BurningMoon. The rest will be used to pay for the artists, so our NFTs are really high quality.
The NFTs will later get a real use case once we develop our ecosystem further.
Mary | Satoshi Club: Did you already find artists who are ready to work with BurningMoon?
Rainhard: Yes, the one who will design the first set is currently working hard on our display pics 🙂
Mary | Satoshi Club: Awesome!🔥
Andrés M. | Satoshi Club: Do you have some designs of the NFTs to share with us?😁 Any sneak peek?👀
Rainhard:
Andrés M. | Satoshi Club: Wow, completely incredible, congratulations to the designer👏👏
Rainhard: If you want more, just check the display pics of the admins in the BurningMoon group for her style 🙂
Andrés M. | Satoshi Club: For sure!😁
Mary | Satoshi Club: Thank you for your answers guys! Ready for the 6th and last question from this part?🚀
Laurenz: Ready.
Q6 from Telegram user @Cheriemike:
One of your tokens “Earn Ada”, which was initially intended as a test run for BurningMoon, climbed to a market cap in the millions after only a few hours from launch. My question is, how many tokens will be launched on your platform? What are the primary features/use cases of “Earn Ada” token? What is the maximum/minimum amount of this token? And what are the benefits of of holding your tokens?
Laurenz: Earn Ada was initially meant as test for BurningMoon, but as it had a really unique concept in that time, so it quickly reached 3 million marketcap, despite having no marketing, no website and not even a logo at that time (all that we delivered later).
Right now, there is no plan to launch any more token. But there are plans for things like a launchpad that makes sure the deployed token are 100% safe.
Andrés M. | Satoshi Club: What about BDOT? Is the same case that Earn Ada?
Rainhard: It was demanded by the community that I make another “test token”, as some missed Earn Ada. But it’s a community token, not a test 🙂
Andrés M. | Satoshi Club: Oh great, thanks for clarifying it😃
Mary | Satoshi Club: Do you plan to stay on BSC, btw? Or also add another blockchains?
Rainhard: We will explore other blockchains later. Right now we focus on BSC.
Mary | Satoshi Club: Gotcha👍 And do you feel that something hot is coming?🔥 Our live part🚀 Ready for it?
Laurenz: Let’s go, looking forward!
Mary | Satoshi Club: Let’s go🚀
Part 2 — live questions from the Telegram community
Q1 from Telegram user @Shaa93:
I’m really intrigued by “Sacrificial Burn”, but I still don’t get it. What will holders do to be able to burn their tokens? And although they will receive 2x the rewards, will the rewards be automatic or claim?
Rainhard: They will just send their token to the Burn Address (0x00…dead). Rewards will be claimed manually, as you can select between different options.
Q2 from Telegram user @messilolz:
Your project is three months old. So, what do you have in your project uniqueness and how will you move with marketing plans to attract on it APART FROM SHILLING?
Rainhard: Shilling is just the first stage of marketing. After we’re launched, our main focus won’t be marketing, but developing a good product. We will market our developments rather than blind shilling.
Q3 from Telegram user @cutetulipan:
What guarantees do you offer? How do you pay attention to the suggestions and opinions of your community?
Laurenz: Our main goal is to give people a SAFU project to invest in and pay it back in several options of rewards. For sure we have our own and specific vision of our project, but we are always welcome for suggestions and asking our community for their point of view.
Q4 from Telegram user @coinerman:
Is BurningMoon’s ultimate goal to develop in the BSC network or will you continue your development using popular networks such as PolkaDot, Solana?
Rainhard: Right now the focus is on BSC. We might also list on some Central Exchanges. Later, we might explore bridges to different blockchains to makes us available everywhere.
Q5 from Telegram user @andrey_seleznov:
Please share more info about the BurningMoon fair launch plan. I heared there will be a variable tax rate of 99%, that will gradually lower to 10%? Interesting system! Do you have any examples of other projects that used it and how effective was it to prevent sniper bots from wrecking the fair launch? Btw, how can early investors know what the current tax is at any given moment and avoid losing much of the capital to increased fees? And finally, what will these huge early fees be spent on, buyback and burn I assume? 🙂
Rainhard: It worked with babyDot. The system was 100% effective at wrecking sniper bots, although because we did a 1000x at ATH, even sniper bots made a profit. Pretty much everyone who bought during the launch made a profit, despite paying a very high tax. The launch also built up a VERY good liquidity ratio.
Q6 from Telegram user @sumaiya889:
Your project has great features. There must be an experienced team behind? Which regions are you focusing on? Asia, Africa or Australia?
Laurenz: First of all that’s nice to hear!😁 We got the must talented dev in our team (my opinion) and a lot of different specialist in all areas like design marketing etc. We don’t focus on a specific country’s area. We want to bring our unique token to the hole world 🚀
Q7 from Telegram user @andrey_seleznov:
As part of the security measures to prevent rugs and scams, BurningMoon has an interesting proprietary LP lock system that is meant to ensure maximal security and still enable to migrate liquidity to other DEX and CEX if needed. Please tell us how exactly this system, will work and how can users be assured the team or malicious hacker cannot remove all liquidity overnight? Since this lock code is proprietary, have you done 3d party audits of your master chef contract to make sure it is hacker proof?
Rainhard: Yes, the team will be only able to remove 20% of the liquidity if the liquidity unlocks and liquidity automatically locks for at least another week. This enables us to lock liquidity for a shorter timespan to be able to move 20% of the liquidity to exchanges. The contract will be audited by a solid group and the result should be done by Sunday.
Q8 from Telegram user @jazzmusic2000:
I was reading that BurningMoon is creating a meme contest, could you give us more details about what are the steps to be part of this contest? When will it be open to participate? Through what platform will it take place?
Laurenz: Yes we got a really big meme competition going on and the price will be huge! There will be 30% of our marketing wallet after the first day of launch distributed to some really lucky winners. And this will be easily 5 figures. Please check out our telegram group and you will also find more interesting possibilities like whitelist competition before launch.
How do you intend to reward NFT artists on your platform?
Rainhard: Our unique NFT system will automatically give a share of the rewards to the artist and burns the rest.
Q10 from Telegram user @Pratze:
So I’m still confused with “PROMOTION TOKEN”, what are the uses for it? And is there any benefit with own promotion token from BurningMoon project? Can you explain a little?
Rainhard: The Promotion token enables us to partner with other projects. It will be a cross promotion that mutually benefits both parties. The promotion token can be claimed via the dividends BurningMoon generates, and different bonuses apply, like tax free claim and a lot more.
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 Vera and our guests were
@denis_lam and @jlyn_tan. The AMA took place on 19 August.
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 community
Mary
| Satoshi Club: Hello
Satoshi Club! We are happy to announce our AMA session with Vera!
Welcome to Satoshi Club😀
Gold
Rocket | Satoshi Club: Hello and welcome to Satoshi Club,
guys!😊
Jeralyn
T.: Hello
everyone in Satoshi, so thrilled to meet with you guys today! My name is
Jeralyn, representing Vera. Hope everyone is as excited as I am to have this
session going on!
Mary
| Satoshi Club: Wow, hello, Jeralyn! Welcome here!
And yes, we are very
excited!
Gold
Rocket | Satoshi Club: we are very excited and are
waiting for you as a long-awaited guest😍
Thanks for joining
@jlyn_tan
[ 👌 Sticker ]
Let’s start!
Introduce yourself
please. How did you get to be involved in crypto & Vera? Tell us please
about your position in Vera? @jlyn_tan
Mary
| Satoshi Club: And tell us more about Vera and it’s
mission as well😃
Jeralyn
T.:
I personally am managing the operations in Vera itself, not something I would
call an extremely exciting role, but it’s truly an eye opening experience getting
exposed into crypto. Not an easy journey to say the least, but our founder,
Denis has been very patient and nurturing in guiding me in all aspects.
Gold
Rocket | Satoshi Club: as far as I know you have a really
cool project. please tell me more about this
Jeralyn
T.:
Vera aims to offer decentralized
financing, leasing, lending, and other essential financial services for any NFT
marketplace, game, or application.
Gold
Rocket | Satoshi Club: in fact, all roles are important
when you are part of a grand project
Mary
| Satoshi Club: When your project started? How many
team members are working on it?
Jeralyn
T.:
Our project was Founded in 2021. Currently we have our CEO Denis and our CTO
spearheading the project.
Mary
| Satoshi Club: Gotcha! Jeralyn, thank you for your
intro!
We choose 6 questions
for the first part of our AMA 😀 are you ready for them?
Q1 from Telegram user
@meml97
It
has caught my attention that one of the missions Vera Network has set to itself
is to “Reinvent the Global Economy”, can you tell us more about this? What
plans do you have to reach this goal of yours? How will Vera Network be able as
a NFT platform to do that change on the global economy? Also, on what ways do
you plan to reinvent the global economy? What problems do you see on it that
you feel the need of doing so?
Jeralyn
T.:
Vera envisions a world where strangers can safely, quickly, and effortlessly
perform financial transactions with the property or assets they create and/or
own without high transaction costs and dependency on intermediaries.
Vera’s mission is
simple: To build open, secure, and powerful NFT financial products that are
equally available to everyone everywhere.
To put simply, Vera is
here to provide Finance, Rent, Lend, and Verification for NFTs.
Gold
Rocket | Satoshi Club: this is a very timely product! 👍
Mary
| Satoshi Club: What blockchains will Vera support?
Gold
Rocket | Satoshi Club: nft is experiencing its hype and
there is a lack of good tools
Jeralyn
T.:
These financial services are yet to be
available in the crypto world, especially for this hot asset NFTs, which has
garnered a lot of interest from traditional finance.
Mary
| Satoshi Club: Sure, with Vera everything will be much
simplier👍
Jeralyn
T.:
Vera is an open financial platform for
NFTs, built on Ethereum, Polkadot, Solana, and Polygon
Mary
| Satoshi Club: You choose best platforms 👍
Gold
Rocket | Satoshi Club: these are top blockchains👍
Mary
| Satoshi Club: Thank you for your answers, Jeralyn!
Ready to proceed?😀
Jeralyn
T.:
*Polygon, sorry
Yes, please do!
Q2 from Telegram user
@kimzyemma
Recently,
there is scam Vera token going viral in the market where thousands of vera
token is given out to the community. And you stated it on twitter that you just
finalized your official website and have not generated token to anyone. By the
time your token will be released, alot of fake tokens will still be released,
how can you protect the community from fake Vera tokens? How can we identify
the real token of yours? Concerning the NFT you sold for $130,000,000, is there
any plan to supply more NFT to be bought?
Jeralyn
T.:
Fake tokens are commonplace in the space, unfortunately. As of now, the token
has not been released and any token that claims to be from Vera is a scam.
Please be aware!
By the time the token
is released, the contract address will be provided to the community, so please
watch out for our social media and official channels.
Mary
| Satoshi Club: Could you tell us if you’re planning
any token sales?😀
Jeralyn
T.:
About the token sale, YES. We are
anticipating an IDO in the near future. You will have to keep close watch on
the Vera community to get the first dibs!
Gold
Rocket | Satoshi Club: Oh yeah! early birds do all the
grain…😁
Mary
| Satoshi Club: Yes, we will for sure! 👍
Gold
Rocket | Satoshi Club: Thanks for your answers! Ready to
proceed to the next question or want to add something?
Jeralyn
T.:
Let’s move on to the next question😊
Q3 from Telegram
user @Jmagsss
I
saw in one of your blogs that one of Vera Labs investors is Animoca Brands, a
global leader in branded mobile blockchain gaming who recently raised $88
million at a $1 billion valuation to capitalize on game NFTs. Vera is venturing
with Animoca Brands to provide DeFi engines that allows in-game items for
lending and leasing between players. May I know, what blockchain games will
Vera implement its product and protocols with and would Vera consider
integrating directly within the game itself so players won’t have to use
third-party apps while playing?
Jeralyn
T.:
There are many things still under wraps. But what we CAN say is that the future
users can expect direct integration with our partners. Players can interact
with Vera portal to process their mortgages, in later phases it will be
completely integrated and users will not know that there is Vera in the
backend.
At the moment there are
developments still being worked on and negotiated, so we won’t be able to
disclose anything specific just yet. However, we of course appreciate the
amount of attention we have gained and the support from the community, old and
new. Please stay tuned to our channels for the latest news.
With Animoca Brands as
one of our major supporters, we are in discussions to push out exciting
developments once they are ready.
Gold
Rocket | Satoshi Club: Thanks for your answers
Ready for the next
question?
Mary
| Satoshi Club: Can’t wait to see what we will get👍
Jeralyn
T.:
Yup, let’s go on!
Q4 from Telegram user
@KathDM
I
did read that Vera offers a wonderful opportunity when users decide to take a
break from the game. Vera will allow us to rent out our game account or
specific in-game items to another player so we can generate income from all the
hard work we have put into the game while we take a break from playing. Can we
decide for how long we rent our account? What happens if the person to whom we
rent our account does not respect the agreed time? How do we protect the
security of our account while it is rented? Will that user have access to our
private information?
Jeralyn
T.:
Vera is simply a tool. It is up to the seller or owner to decide their desired
rental terms.
Mary
| Satoshi Club: But this idea is brilliant 😃
When do you plan this
feature to go live?
Jeralyn
T.:
We are actively building and integrating our financing and rent products into
customers/partners now. Will be live before end of year in their games or apps.
Gold
Rocket | Satoshi Club: brevity is the sister of talent😊👍
thanks for your answers! Ready to proceed to the next question?
Jeralyn
T.:
👍
Q5 from Telegram user
@DK177
You
have instructed users to make sure that their assets are authentic. Do you have
a mechanism to check the authenticity? Currently, there are NFT assets related
to Music, Gaming and Movies. How do you react if you find any copywrite issue
related to this kind of asset? Further, for making the assets affordable to
everyone, have you implemented a maximum price for an asset? Currently, NFT has
become a trend. Did you design your project just to follow that trend or do you
have specific reasons to choose this field?
Jeralyn
T.:
The authenticity issue is a problem with many assets before NFTs existed. While
its not our core focus to attack this issue, we do have some solutions that can
help. We have a product called Verify that makes it much more user friendly for
buyers to know the NFT is authentic and certified by the seller or a specific
brand or organization.
Gold
Rocket | Satoshi Club: Do your users need to pass KYC?
Mary
| Satoshi Club: So, we will be able to verify all types
of content? I mean Music, Gaming and Movies?
Jeralyn
T.:
Using Vera, the assurance of authenticity is there with immutable records of
the artwork’s identity, certification, verification method, and other related
information on the blockchain. This information is publicly accessible to
anyone using a blockchain explorer.
Vera’s on-chain
registries will support existing universal unique identification methodologies
and wireless communication protocols such as AI computer vision object scans,
NFC smart tags, and RFID sensors.
We are a DECENTRALIZED
protocol. So no KYC.
Gold
Rocket | Satoshi Club: Thanks for your answers
Jeralyn
T.:
We can work with our clients on those industries to implement their desired
compliance/authenticity protocols.
Mary
| Satoshi Club: Fantastic 👍
Jeralyn
T.:
Each asset type is different. Vera is just a framework or canvas, but we can
accommodate most processes.
Mary
| Satoshi Club: Got it! Jeralyn, thank you for your
answers! Ready for the next question?😃
Jeralyn
T.:
👌
Q6 from Telegram User
@igervacio
I
like to learn a bit about coding and your platform offers an empowerment for
developers, I went to your road map looking for a date related to an important
event for dApps developers and I observed that you had a goal planned called
“Code Sandboxing” What do you mean by “code sandboxing” and why fulfillment of
this objective is vital for the development of Vera Network? What facilities
does this update offer for the growth of dApps developers in Vera Network?
Jeralyn
T.:
Code Sandboxing gives devs the ability to simulate production code without
going to production. This helps with product acceptance testing for clients
that use our products.
Vera is focused to make
developers happy when it comes to enabling DeFI for NFTs… so we will build
tools to make integration easier over time.
Mary
| Satoshi Club: Sure, you will attract a lot of
developers!
Gold
Rocket | Satoshi Club: thanks a lot for the answers. and
now, before moving on to the live part of the AMA, you can share useful links
with Satoshi Clubbers😊
Jeralyn
T.:
Social media handles and official links:
Part
2 — live questions from the Telegram community
Q1 from telegram username @ashwini_Crypto
As It is Predicted that NFT industry can be next
Trillion dollar industry,
& Also lot of NFT project are launching with
Artist, Musician, Artists,
Don’t you think with launch of so many NFT projects,
there will be no rarity & it will loose its value?
Jeralyn T.: We are not another NFT project. We provide financial services for any NFT
project and as of now I do not know of any competitors. So regardless which NFT game or marketplace
wins or loses we have market demand. Our customer traction right now is super
high and thats why we are actively hiring talent so we can meet the demand.
Q2 from telegram username @Gemshunter22
Does vera network has any plan to support more
blochchains in the future? what are your cross chain integration plans to gain
mass adoption?
Jeralyn T.:
We are currently working on supporting Ethereum NFTs and soon Solana, Polygon,
BSC as well. Vera ultimately can support NFTs from any credible blockchain.
Q3 from telegram username @Kabirkapoor9
Will Vera in future be partnering with DeFi
Insurance projects to protect their users from volatility in maket? What are
your plans for offering Insurance product to provide all the Borrowing,
lending, and insuring the product under one roof?
Jeralyn T.:
We currently dont work with any insurance project but open to explore if you
know any. We are a DeFI service layer for NFT assets so in theory we can work
with any project or app that uses NFTs.
Q4 from telegram username @Kushal85127939
Can you please name few strategic partners who are
contributing materially in Vera’s venture? What kind of Resources, Tech they
are providing to Vera?
Jeralyn T.:
Our lead strategic backer is Animoca Brands. They are the largest NFT gaming
company in the world that invested in many of the big names you heard of like
Axie Infinity, Open Sea, CryptoKitties and so much more. Our backers do not
only commit resources but help with partnerships to existing apps games or
metaverses so Vera can have mass adoption quickly.
Another up and coming
game we will partner with is Highstreet. I cannot say more for now but they’re
an exciting VR metaverse with real world customers like luxury and fashion
brands that want to get into NFTs.
Our strategy is to work
with some of the best grassroots communities in the crypto space such as
Satoshi club! 😉
Q5 from telegram username @jirencrypto
❎ By this point in 2021 no one is surprised at all
the things that can be tokenized in the form of an NFT, however I would like to
know what types of assets/products/artwork Vera is thinking for. Do they have
the tools to tokenize literally anything? No scalability issues in that matter?
Jeralyn T.:
It is NOT up to Vera to decide what assets should be tokenized as NFTs. We are
just a financial or banking platform for NFTs regardless what asset class they
represent. Its up to our customers/partners to figure that out.
Vera is building
steering wheels and brakes… our partners are the ones using us to build their
dream car!
Q6 from telegram username @Shakil10000
🔥🔥🔥What are your key
features that you are very proud of and feel very confident about that makes
you ahead over any project out there?
Jeralyn T.:
1. First mover advantages: No project we
know of is currently offering our financial products and services. We talked to
several games and nft apps and none know of a solution provider they are forced
to consider building these services on their own. If you were a game its not
smart or strategic to build your own bank or financial platform.
2. Seller or custodian
protection: NFTs like crypto, once sent to someone you may never get it back.
Good luck with disputes. Our products have seller protection built into our
smart contracts so if a customer does not pay rent or make monthly payments by
an agreed upon deadline they will lose the NFT and itll go back to the right
owner. This feature does not exist right now in NFT world.
3. Product Market Fit –
App or games selling NFTs already making revenue all tell us its a no brainer
to use Vera to increase their revenues and give their user community more
amazing experiences with stuff their own and love.
4. Rewards! Passive
income! Play to earn is a big deal because we all love making money when we
play our favorite game. We will +1 Play to Earn to next level by letting you
stake your game nfts and make passive income regardless if someone rents your
nft or not!
Q7 from telegram username @KhaleesiTheCryptoLady
VERA is currently looking for an ambitious and
experienced talent, so what exactly talent are you looking for? What positions
are available at VERA?
Jeralyn T.:
We are looking for a wide range of talent to join us, you’ll be able to see
more details about the job positions at https://angel.co/company/vera-labs/jobs
Feel free to reach out
to us even if you don’t fit the specific roles – we thrive on our community and
we are open to listening to what you have to offer
Q8 from telegram username @KeymerS
If really the largest number of NFT art producers
are the ETH and BSC chains, then why develop your project aimed at improving
NFT markets in a chain other than these like Polkadot?
Jeralyn T.: The future of NFTs will be on multiple chains.
Substrate and Polkadot has tools to help us make bridges to work with NFTs on
any chain so we actually can work with NFTs on those chains you mentioned
about. Most of our clients are on Ethereum NFTs which is the biggest NFT market
and we are integrating with them.
Q9 from telegram username @coinresearcher
I’ve seen a product of you named Verify. What is Verify
and what properties does it have?
Jeralyn T.:
Verify is a product we are building to simplify the user experience for buyers
to buy authentic NFTs and let sellers or brands protect their IP no matter
which marketplace or game the NFT is sold on. It is an NFT asset identity
management solution.
Q10 from telegram username @habibi_ve
✅ I could see in your roadmap that by Q3 (very soon)
you plan to start the global partner and customer acquisition campaign for the
launch pad. Can you describe what your plans are for that? Can you mention some
potential partners and customers that are interested already?
Jeralyn T.: Our roadmap is available at https://vera.financial/
and the latest updates will be posted on all of our social media channels, so
make sure you follow them all!
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 Listen token and our guests was @TonyListen – representative of Listen token. The AMA took place on 18th of August.
The total reward pool was 500$ and has been split into 3 parts.
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Website
Mary | Satoshi Club:
Hello Satoshi Club! We are happy to announce our AMA session with Listen Token!
Welcome to Satoshi Club😀
Mary | Satoshi Club:
Today our guest is @TonyListen ! Welcome to Satoshi Club 😀
Tony Hollingsworth:
Thank you for having me.
Gold Rocket | Satoshi Club:
Hello and welcome to Satoshi Club, @TonyListen !
Mary | Satoshi Club:
Happy to e-meet you Tony! How’s going?
Tony Hollingsworth:
All good thank you.
Mary | Satoshi Club:
Awesome, so, we can start our AMA 🚀
Gold Rocket | Satoshi Club:
Introduce yourself please. How did you get to be involved in crypto &
Listen token?
Tell us please about your position in Listen token?
Tony Hollingsworth:
The Listen Tokens are being sold to fund The Listen Campaign. I’m the founder
and director of the campaign and in the past I have produced nine of the
world’s largest global broadcast events and campaigns. Each reached over 500m
people. These included one to call for Mandela’s release (Nelson Mandela’s 70th
Birthday Tribute) one to celebrate the fall of the Berlin Wall and the
reunification of the two Germanies and one to celebrate Mandela’s release. Many
of our team are media, film and music industry veterans and some our experts in
social media and now, with the adoption of Listen Tokens and Listen NFTs we
have experts from the blockchain and….. Crypto world – for instance Liam
Robertson who leads the Alphabit Fund and has successfully launched many
businesses based on blockchain tech.
Done
Gold Rocket | Satoshi Club:
it really speaks to us👏👏👏
What is the essence of Listen token?
Mary | Satoshi Club: How did it happen that you got involved in crypto industry?
Tony Hollingsworth: It’s a token that provides the holder with many benefits. But its main purpose is to help fund The Listen campaign for 1 billion vulnerable and disadvantaged children around the world. I got involved in crypto via my son who has been investing in crypto businesses for some years.
Mary | Satoshi Club: Oh, your son is very clever 😉
Now you can benefit cryptocomunity with your experience 👍
Gold Rocket | Satoshi Club: It’s amazing. and the fact that you are doing charity work thanks to your business and that your son involved you in crypto!👍
Also, we would like to know more about your team. Who is on the project team core?
Tony Hollingsworth: Yes, it’s a meeting of different paths.
I’m the founder and CEO, Marcelo Salup heads up the media section and he has run many ad agencies, Chris is the CFO and he has run one of the UK’s largest film companies, Preeta is the commercial director in India, Sivan is the Exec Producer in South Africa and the list goes on and on. Its a very big campaign.
Gold Rocket | Satoshi Club:
Thanks for great introduction, we will have several questions selected for the
Part 1. Ready to start?☺️
Tony Hollingsworth:
Sure ready.
Q1 from Telegram user @andrey_seleznov Hi Listen! I see many very well known names in the Tribute NFT collection on your website, exciting list! Are these stars all onboard the listen project already or some are plans to be approached in the future? Please share some stories, how did you manage to get those stars onboard the Listen project, was it hard or not so much? I don’t think many of them dealt with crypto before, do you involve them into the crypto or do they serve as public figures and share their IP for NFT art pieces without going deep into the crypto ecosystem?
Tony Hollingsworth:
Hi Andrey, We are launching the “Listen Collectibles Auction and Shop” at the
beginning of October by starting to auction off NFTs made from my archive of
the past nine global broadcast events. This is the list of artists you can see
on www.listentoken.com . These auctions will run regularly until we get to the
announcement of the artists in The Listen Campaign on March 30th 2022. After
that the NFTs will be of the stars and artists participating in The Listen
Campaign – over 100/year , plus the creativity contributed by the Listen
Community. The stars and artists are not deep into the workings of the crypto
system and blockchain but most have heard of NFTs.
Done
Mary | Satoshi Club:
Can you share some famous names with our community?😀
Tony Hollingsworth:
There are over 200 artists in our archive. These include Nelson Mandela,
Whitney Houston, Dire Straits, Sting, George Michael, Stevie Wonder, Denzel
Washington, Richard Gere, Bob Dylan, Jon Bon Jovi, Roger Waters,…the list goes
on.
Done
Mary | Satoshi Club: Wow, that’s stars list👍
Tony Hollingsworth:
😎
Mary | Satoshi Club:
Thank you Tony for your answers! Ready to go to the next question?
Gold Rocket | Satoshi Club:
Thanks for your answers😊
Tony Hollingsworth:
Sure.
Q2 from Telegram user @yellowchamp According to your website that in a decade the Listen campaign should generate $4 billion of media exposure, activate a community of 35 million participants and provide $1bn of grants to children’s projects. So as what I have see your goal will become possible if you will be backed up by some good partnership especially from media and a great community support, so does your platform already negotiate to some big company or platforms to help you achieve your goals? Do you also negotiate some media platforms to help you generate some media exposure? What is your plan to gain or attract more people to be part of your campaign? As you aim to grants $1bn to children’s projects,what kind of project for children you plan to spend for this $1bn? For 10 years,in what possibility that you can collect or save up to $1bn from Listen campaign? Thank you
Tony Hollingsworth:
That’s lots of questions. Yes we have many media partners and some are the
largest in the world. For instance in the US our largest media partner is
ABC/Disney. In India it is Zee TV, In sub-saharan Africa it is Viacom, in the
MENA DMI etc. They, with streaming partners, an active social media campaign
and many other traditional media partners will provide the platform upon which
we achieve our exposure of the problems faced by vulnerable and disadvantaged
children and the solutions to their problems. The Listen Campaign allows the
public to participate in 19 different ways of which only one is a donation. You
can be poor in Botswana and help the campaign or rich in NY. In the first year
75 children’s projects will receive grants ,each a project that is proven,
scalable and replicable. Each one celebrated by the campaign.
Done
Mary | Satoshi Club:
So, you will decide where to donate or you will let your community to make
suggestions?
Tony Hollingsworth:
We are choosing 75 projects in the first year. The community can propose
projects for the second year.
Mary | Satoshi Club:
Gotcha 👍
Gold Rocket | Satoshi Club: Sо, over time you are planning elements of the DAO?
Tony Hollingsworth:
There is a great deal of specialist work over many months that goes into
selecting projects that are exemplary, proven, scalable and replicable. So the
community can propose but each one has to be looked into deeply and the right
mixture and global distribution chosen.
Gold Rocket | Satoshi Club:
Thank you very much for your answers! Ready for the next question?
Tony Hollingsworth:
Sure.
Q3 from Telegram user @Asela1112 You hope to launch “Listen auction of Tribute NFTs” in Q4-2021. It includes most philosophic Characters, actors, Musicians such as Nelson Mandela, Denzel Washington, David Bowie etc.. So can any one participate in this Upcoming auction & buy NFTs that we love? I think, You will be funded a large amount through this Auction. For what will these fundraisings be adopted within Listen Token ecosystem in future? What will be the price range of these Tribute NFTs as you intend? Please share with us more secrets about Tribute NFTs auction & privileges by buying some of those NFTs?
Tony Hollingsworth:
Yes the Tribute NFTs should be wonderful and they are of many famous people. We
are not setting a top price as its an auction and we want to raise as much
money as possible to fund The Listen Campaign.
You have to buy some
Listen Tokens ($LSTN) to be able to participate in the auctions. These tokens
provide lots of benefits:
The right to bid for the
Star Creative Artist’s NFTs in the monthly auctions which are only open to
$LSTN holders; the more tokens you hold, the better access you get.
‘Silver Badge’ status for
every 250,000 to 499,999 $LSTN staked for 30 days, entitling the user to a five
percent discount on their purchases in the Listen Collectibles Auction and
Shop.
‘Gold Badge’ status for
every 500,000 + $LSTN staked for 30 days, entitling the user to a ten percent
discount on their purchases in the Listen Collectibles Auction and Shop.
The right to vote for the
winners of The Listen Creative Arts Awards (see below).
The accrual of Listen
Points (Listen Points are the loyalty reward system of the Listen Campaign and
provide each holder with exclusive benefits and prize entries, including
discounts on tickets, merchandise and Pay Per View streaming):
Users who “stake” 5,000
$LSTN on the official Auction and Shop site will earn 100 Listen points per
month (per 5,000 $LSTN staked). ○ Users who purchase Collectibles in the
Auction Site and Shop will be rewarded with Listen Points.
Automatic entry into a
lottery to win two “Private View” tickets to watch the whole of “Listen Live
LA” involving at least 28 Star Musician, 12 Film Stars and world leaders on
Monday, June 20th, 2022 at the LA Coliseum, whilst dancing and having a banquet
on the field, with the stars, their friends and families. $LSTN holders
allocated 100 tickets.
A free ticket for the
global streaming of Listen Live Plus on June 22nd 2022 if the token holder has
staked over 10,000 $LSTN for the 30 days preceding June 15th 2022.
Done
Mary | Satoshi Club: What is the price of 1 $LSTN?😀
Gold Rocket | Satoshi Club: Where can i buy $LSTN?
Tony Hollingsworth:
They are first available on Launchpool at US$0.016. early September.
Mary | Satoshi Club: Thank you, that’s clear!
Ready to proceed?
Tony Hollingsworth:
Sure
Q4 from Telegram user @victorogb Bringing together a global assembly of stars, celebrities, brands, content creators with a global media presence working together on a 52 weeks long event, spanning accross all regions of the world and in over 90+ languages, is really no mean feat and massive commendations should go to the team and organisers of the Listen Campaign. In recognition of this and looking from an organisational and planning standpoint, how will the team effectively pull up resources and the much needed manpower for such a massive event, how has the collaborative efforts with celebrities, iconic figures and artists been so far, and talking marketing, how would this vital aspect be properly implemented?
Tony Hollingsworth:
Yes it’s a big effort and it involves lots of companies and partners all looking
after separate parts of the campaign. Some are looking after the making of “
Listen Live” at the LA Coliseum in Los Angeles, some the global streaming, some
the global broadcast. Others are producing the TV series, the social media
campaigns etc. Marketing is a major part of the campaign and we have some of
the worlds best specialists looking after this. The media team including
digital media is being lead by Marcelo Salup who has headed up many media
agencies in his life. Loads of experience.
Done
Mary | Satoshi Club: Can you give us a list of your partners, i am sure it’s impressive!
Tony Hollingsworth:
I don’t have list in front but I mentioned the major broadcast partners above
and they already allow us to reach 200 countries.
Mary | Satoshi Club:
Oh, got it! Thank you for your answers!
Ready to jump to the next question?🚀
Tony Hollingsworth: Yes, please.
Q5 from Telegram user @Arisabela I saw you’ll implement a loyalty reward system through Listen Points, you mention on your whitepaper that the Listen Campaign will provide each holder with exclusive benefits and prize entries, can you explain the ways to earn Listen Points? Is it only by staking your token $LSTN? Or can be earned through different mechanism? Also, what consists of the hierarchy of this reward system?😊
Tony Hollingsworth:
Yes you get Listen Points when you buy tokens or you shop in “Listen
Collectibles Auction and Shop” but you can also get them in 19 other ways.
The listen community are rewarded with points when they : share content,
recruit friends, suggest news stories, create videos, art, music, short
stories, enter promotions, organise sub communities, give their thoughts and
tell us about themselves. Listen points allow you to enter big prize draws and
get discounts off merchandising, tickets, SVOD and they can be exchange for
sponsor’s loyalty points. They can also be gifted to the 75 children’s charity
projects.
Done.
Gold Rocket | Satoshi Club:
Do your users need to pass KYC?
Mary | Satoshi Club: Do you have any guidance on this topic? We love rewards here and i am sure Satoshiclubbers will join with pleasure👍
Tony Hollingsworth:
Very happy to have Satoshi Club members join the Listen Community. To get
Listen points you don’t need to do KYC.
Mary | Satoshi Club:
That’s a great news!
Gold Rocket | Satoshi Club:
Many thanks for your answers😊
Mary | Satoshi Club:
Thank you for your answers! Ready to go to the 6th and last question from this
part?
Tony Hollingsworth: Yes, please.
Q6 from Telegram user @KhaleesiTheCryptoLady In collaboration with LaunchPool, Listen allocated a percentage of $LSTN to a token event called an Allocation Mining Event (AME). Can you tell us more details with regards to this event? Is the event still ongoing? What are the criteria for taking part in the $LSTN AME?
Tony Hollingsworth:
Yes its happening early September and anyone can take part. This is actually
explained step by step at the bottom of www.listentoken.com, and you can also
register for our Guestlist on that page and we will contact you when the event
is about to take place with detailed step by step instructions.🚀
Done.
Mary | Satoshi Club: Awesome! Don’t forget to share this news with us ☺️
Part 2 — live questions from the Telegram community
Q1 from Telegram user @Karry1999 Can you talk about the audience reach of the listen to campaign and is the campaign also on news items, social media, and tv series?
Tony Hollingsworth: Yes The Listen Campaign is across all social media and traditional media. It should reach an audience of 500m each year. I’ve done this nine time before when the world’s population was smaller and harder to reach. For instance the Nelson Mandela 70th Birthday Tribute reached 600m when there were only 5 billion in the world.
Q2 from Telegram user @ysasoma I read that Listen Token gives fans access to exclusive NFTs from the best actors, musicians, artists and writers in the world, but how will you get them to contribute to you, what strategies will you use to attract them and how will you demonstrate that Listen Token will really help the underprivileged children of the world and that you are not building this project simply to benefit a few. Also could you tell us, currently what exclusive NFTs you have or are about to launch and if you have any system where users can request NFTs from specific celebrities or if there is any way that we the users can help you to attract artists to the platform?
Tony Hollingsworth: The stars and creative artists come into The Listen Campaign and give their rights to be used in lots of ways, TV, Streaming, social, news and NFTs. The rights come in a bundle.
The artists sign up because they can see that the whole campaign helps vulnerable and disadvantaged children. It does it in three big ways. Firstly it shows the world the problems these kids face and solutions to those problems. Secondly, it develops a community to help. Thirdly it raises donations.
Q3 from Telegram user @cryptoneco From your website, “Every year, the world’s top 100 Creative Star Artists and tens of thousands of Citizen Artists from the Arts, Digital Art, Literature, Music and Film fields will contribute to the Campaign and create unique content.” Why did you set a limited number of 100 people, what if there is much more interest? How is the interest of the artists in the project at the moment, do you have any numerical data?
Tony Hollingsworth: We are not limiting anything to 100 people. We will have over 100 major stars and creative artists and will make NFTs from their contributions. And we ask the community to also create videos, art, music, short stories and we expect 10s of thousands of these. The “citizen artists” can also enter their contribution into The Listen Creative Arts Awards and the winners get shown in the global broadcast to 100’s of millions.
Q4 from Telegram user @andrey_seleznov I learned from your litepaper that the Listen Campaign digital collectibles NFTs will be minted on the Flow blockchain. I imagine Flow is not the most popular blockchain at the moment, probably not too many crypto enthusiasts ever used it or have a wallet that supports it. Can you share what were the main driving factors behind choosing Flow? I realize ETH is not very energy efficient and scares users with high gas fees, but for example BSC solves those issues and has a very large user base now. What other chains have you considered during the design phase?
Tony Hollingsworth: We chose Flow because it is faster, more scalable, and far more energy-efficient (“greener”) than Ethereum. Additionally, users who buy, sell, and trade Listen NFTs on Flow will not have to pay high transaction fees like on Ethereum. A third contributing factor is the ability to natively integrate fiat payments, as the Campaign is appealing to a global audience, we did not want to restrict our user experience to only those who own ETH and already have an Ethereum wallet.
Q5 from Telegram user @Tahsinahmett What is Listen NFT’s most ambitious goal that sets it apart from your competitors? What are your new developments and updates?
Tony Hollingsworth: The Listen Campaigns goals are helping vulnerable and disadvantaged children around the world. We do this by creating a global campaign of many different parts – over 62 social media items, a influencer campaign, two TV/Streaming series, two major promotions, a feature documentary , live events, a global streaming event and a global broadcast event. As part of this we have the “Listen Collectibles Auction and Shop” where people can buy NFTs. This income supports the campaign which asks the public to give donations. We expect an average of $100m/yr in donations. However, raising donations is not the only way the campaign helps children. The Listen Campaign also does the communications job that the children’s charity sector cannot do – getting the world to Listen to the problems faced by 1 billion (before Covid) very vulnerable and disadvantaged children and celebrating the solutions that the charity sector has – wonderful projects in the field.
Q6 from Telegram user @Kathdm As you mention, The current NFT landscape exists tangential to the cryptocurrency market. While providing certain benefits such as liquidity and technology rails, usage of these platforms remains low, as barriers to entry are high for the average consumer. The main pain points include a complex process that involves purchasing cryptocurrency (to purchase the NFT, and pay for transaction fees). This process is overly burdensome and prohibitive for the vast majority of potential consumers. What solutions do you provide to this? Do you accept other payment methods at Listen Collectibles Auction and Shop besides cryptocurrencies? Isn’t it a requirement to have a Metamask or Trust Wallet?
Tony Hollingsworth: The “Listen Collectibles Auction and Shop” will allow people to bid and buy in Fiat or Crypto it also introduces them to Wallets in a simple way.
Q7 from Telegram user @Cheriemike The Listen Campaign run 52 weeks per year and you expect the campaign will involve 160 major creative artists from film, music, art, and literature,80 famous stars around the world, and 20 who are big in each of India, Africa, MENA, and Latin America and will be creating or performing for the campaign and we will make NFTs from their contributions and Auction them off regularly. My question is, Is it just top and famous stars that are giving the opportunity to participate in the creating and auctioning off their own NFTs?How about citizens of states/countries or new upcoming artists are they not inclusive of creating NFTs for the Listen Campaign?
Tony Hollingsworth: Yes anyone can create for the campaign and their content will be used to grow the campaign. If they enter their art, music, video, story into The Listen Creative Arts Awards they have the opportunity to win prizes, and if they get 1st prize they are shown to 100s of millions. First, the community vote, then the Listen Token holders vote, then the stars choose the finalists. Some completely unknown could win and have their career launched to 100s of millions.
Q8 from Telegram user @gdjshskksh Is my personal data safe in this project? Is your project’s data security technology completely safe for the customer?
Tony Hollingsworth: Yes, your data is safe with us. We are using a high-security system and will never sell your data to anyone.
Q9 from Telegram user @Jodasf Competition is fierce, so I would like to know how Listen Token will stand out from its competitors, what are the unique features that will allow you to attract users and get them to use your platform?
Tony Hollingsworth: We are the only Token and NFT project that is part of a campaign reaching 500 million people each year. We are also the only NFT project that has a built-in stream of major star artists and citizen artists.
Q10 from Telegram user @sophiejohnson1 What event caused the Listen NFT to be born for unlucky children? Was it just for a charitable mission?
Tony Hollingsworth: Having produce nine of the world’s largest global broadcast events and campaigns, each reaching audiences of a 500million or more, I semi-retired to look after my kids. During this time I looked at many causes that might need an annual and global media campaign. The one that had universal appeal was helping vulnerable and disadvantaged children. People are far kinder humanitarians when they look at kids. It was on the top of my list and then one night it all became obvious. I was walking one of my boys around as he was ill and needed the motion to sleep. I was also listening to BBC World Service Radio and heard a young African mother being interviewed about her baby had just died of diarrhea. It would have cost 10 cents for the rehydration sachet but she had no money and no clean water. Her baby had died for lack of 10cents. If mine just coughed strangely we could call a doctor. The unfairness of the situation made me commit to developing an annual & global media campaign to help vulnerable a disadvantaged children.
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 ATTA and our guest, @cindyl111. The AMA took place on the 17th of August.
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, Satoshi Club community! We are pleased to announce AMA with ATTA. Today our guest is @cindyl111!
Cindy: Hi everyone!
Andrés M. | Satoshi Club: Hello dear community. Let’s say hello to our dear guest from ATTA project @cindyl111!
Cindy: Glad to be here today!
Gold Rocket | Satoshi Club: It is also a great pleasure for us to have you here today😍
Andrés M. | Satoshi Club: How is going your day Cindy? It’s a pleasure to have you here😁
Cindy: I’m doing great haha, thanks for having me here.
Gold Rocket | Satoshi Club: The last time we saw each other was in June.
Cindy: Yeah haha, I’m here today ready to share more about ATTA and our upcoming event 🙂
Gold Rocket | Satoshi Club: Feel free please. What interesting happened during this time?
Cindy: We had the successful launch of Ding Wu’s and O2’s NFT assets on Binance NFT. We also jointly launched the Childhood Fantasy Mystery Box and premium auction with Binance Charity and Smile Angel Foundation on Binance NFT. I can talk more about the details when bringing up our development progress haha.
Gold Rocket | Satoshi Club: Wow! you didn’t waste your time!👏👏🤩
Cindy: Yeah, we’re packed with events and news!
Andrés M. | Satoshi Club: Of course, excited to know more about it😁👏
Gold Rocket | Satoshi Club: Please remind us a bit about the project for new members. What is the meaning of ATTA?
Cindy: Sure!
ATTA is a block-chain based content creator for premium copyright assets and has joined Binance NFT 100 creators.
By focusing on music, movies, esports, charity and celebrity IPs, ATTA aims to introduce best-in-class assets with exclusive rights and benefits to collectors worldwide, and open a two-way door to the metaverse by converging the physical and the digital. ATTA products are available on leading platforms including Binance NFT, Element, BAZHUAYU, and Poizon App etc. For more information, you can visit: https://www.atta.zone/
Gold Rocket | Satoshi Club: Great intro! Thank you very much😊 We will have several questions selected for the Part 1. Ready to start?
Q1 from Telegram user @Jmagsss:
Atta specializes in NFT contents including Music, Movies/TV shows, E-sports, Celebrities & Charity. I have a question for TV Shows. We all know that producing a TV show is not a one-sit-job, for it requires months or even years of preparations, taping and editing. Does ATTA accepts TB series in its platform that are made locally with start-up crews and fresh artists? Does ATTA only accepts original and copyrighted TV shows and programs or do you also cater TV shows from the past as long as the content creators has the right to share them in a public platform like ATTA?
Cindy: Great question haha! We do consider TV shows that are made locally with start-up and fresh artists, but currently we prefer more mature TV shows production team since most of our team members have been in the entertainment and art industry for several years, especially in China. This means that we have connections with a lot of outstanding suppliers in this industry.
For TV shows, we would probably start with short video series like the ones on TikTok and we would also cater TV shows from the past, but we are probably going to change the content a little bit so that it will have better gameplay and utilities for our users.
Andrés M. | Satoshi Club: In the future, ATTA could become a big streaming platform?
Cindy: We’re not really a platform but a premium content brand. BAZHUAYU is the platform that will distribute the NFT assets. We not only focus on tv shows, movies etc, but also art, celebrity and turning their content into NFT, so technically BAZHUAYU would be a streaming platform haha!
Andrés M. | Satoshi Club: Btw, at the moment which partnerships do you have regarding tv shows products?
Cindy: Currently, we hadn’t had any partnerships regarding tv shows yet, What we have right now is e-sport, celebrity and music NFTs. But we’ll definitely release tv shows product in the near future.
Andrés M. | Satoshi Club: Thank you so much for the clarification and the great answer, would you like to add something before the next question?😃
Gold Rocket | Satoshi Club: Thanks a lot for your answers!
Cindy: We can proceed to the next question 🙂
Q2 from Telegram user @igervacio:
ATTA announced that their “Children’s Fantasy Mystery Boxes” sold out in an hour on Binance NFT, this is very interesting, congratulations, but I heard that part of that money raised was going to be used by you for charity. It strikes me that those Charitable acts are established for a specific health condition, because ATTA allocated part of the sales to the Smile Angel Foundation to support children born with clefts and their families. Did you choose this foundation at random or is there a medical condition that is special to ATTA?
Cindy: The foundation was not chosen at random, we are very selective in terms of partnerships in order to bring the best product to our users. We only collaborate with professional foundations, and the founders of the Smile Angel Foundation were the famous singer Faye Wong and famous actor Li Yapeng, whose daughter was born with clefts, so they established this foundation. As we mentioned in previous AMA, Our CEO has deep connections with many celebrities and IPs in China. He also has deep a connection with Smile Angel Foundation, and deeply know about their charity purpose and commitment. Therefore, we chose them as out partner.
Gold Rocket | Satoshi Club: It is very noble of you to do charity work by the way.
Cindy: Thanks, we’ll definitely collaborate with more charities and have more charity events in the future!
Gold Rocket | Satoshi Club: Thank you very much for the clarification.
Andrés M. | Satoshi Club: We are happy to know it, that’s what our world needs👏
Cindy: Yes.
Gold Rocket | Satoshi Club: Ready for the next question?🤗
Cindy: YES!
Q3 from Telegram user @UplineStephen:
To celebrate the launch of ATTA x LOL Streamer NFT Collection, you’re opening up the whitelist of the sale. All whitelist participants will have the chance to share Mystery Box airdrop with a total value of 5,000U. 200 lucky whitelist users will be hand picked to enjoy the exclusive discount of “Buy 4 Get 1 Free” during the sale (limited to 20 boxes per user). This is an incredible offer because I noticed that you’re giving up to $350,000 as cash-back rewards to all NFT holders through the voting pool, while users will also have redemption opportunities to play LIVE games with renowned LOL streamers.
May I ask, what qualifies one to join this exclusive NFT whitelist offer? Do I need to do anything special to qualify to participate? Or just anyone can join the whitelist contest you’re opening on August 19th 8:00pm (UTC+8)?
Cindy: For this question I would like to elaborate a little and talk more about it as it’s our major upcoming event haha!
Andrés M. | Satoshi Club: Take your time😁
Cindy: So the first batch of “ATTA X LOL Streamer NFT Mystery Box Collection” contains three Streamers’ LOL Champion Figure with outfit and Streamers’ Fashion Figure cards, including Rita, Fireloli and Tong Xi, in three rarities: SR/R/N.
Rita（Over 2 million gaming followers）
Tong Xi（Over 2 million gaming followers）
Former EDG Player Fireloli（Over 1 million gaming followers）
The NFT card in this collection will be available to trade on Treasureland.
Most importantly, By collecting NFT cards, users can not only participate in the “ATTA Tournaments” voting pool, but also redeem for LIVE gaming opportunities with a streamer if they collect the streamer’s entire NFT collection.
Rules for LIVE game with renowned streamers:
1) Collect all types of Rita’s NFT (4 in total): Win the opportunity to have one LIVE game with Rita during streaming;
2) Collect all types of Tong Xi’s NFT (4 in total): Win the opportunity to have one LIVE game with Tong Xi during streaming;
3) Collect all types of Ai Lori’s NFT (4 in total): Win the opportunity to have one LIVE game with Ai Lori during streaming;
To celebrate, we’re opening up the whitelist of the sale. All whitelist participants will have the chance to share Mystery Box airdrop with a total value of 5,000U.
200 lucky whitelist users will be hand picked to enjoy the exclusive discount of “Buy 4 Get 1 Free” during the sale (limited to 20 boxes/ user).
Andrés M. | Satoshi Club: Satoshiclubbers, let’s join this amazing campaign👏
Cindy: And shifting to introducing “ATTA Tournament” the voting pool.
As givebacks to all Mystery Box purchasers, ATTA will open the “LPL 2021 Summer Playoffs” NFT Voting Pool at https://www.atta.zone/ after the sale ends (August 20th). You can use your NFTs to vote for their favorite teams during each match.
Gold Rocket | Satoshi Club: This is truly a great event! And those lucky ones who win will be simply in seventh heaven😁😍
Andrés M. | Satoshi Club: Yes a big one, LOL is one of the most famous MMO in the world!
Cindy: Yes haha, after each match, users who voted for the winner can share all the rewards from the dedicated reward pool (shares are calculated by the weights of different rarities). Up to $350,000 from the first sale will go into the tournament reward pool, all of which will be given back to NFT holders as rewards.
ATTA will continue to release “ATTA x LOL Streamer NFT Mystery Box Collection” by batches and with different series. More reward pools will be opened for tournaments including the “League of Legends World Championship,” while part of the sales will continue to be rewarded to NFT holders.
Gold Rocket | Satoshi Club: Really fair!
Cindy: Yeah haha, we carefully discussed and dedicatedly made the rules to make it fair for all users.
Andrés M. | Satoshi Club: Thanks for the detailed explanation, we hope our community don’t let pass this opportunity!
Cindy: Most importantly, the NFTs will not be burned after each vote or redemption and can be traded freely anytime. NFT holders can use them for all the future voting pools and rewards.
Gold Rocket | Satoshi Club: Win-win position for holders. Don’t miss great opportunity, Satoshi Club😊
Cindy: I would like to emphasize the benefits of whitelist again haha!
All whitelist participants will have the chance to share Mystery Box airdrop with a total value of 5,000U.
200 lucky whitelist users will be hand picked to enjoy the exclusive discount of “Buy 4 Get 1 Free” during the sale (limited to 20 boxes/ user). Join whitelist now: https://forms.gle/SPb1ShUd52CtvSkRA
And ready to move on to the next question! 🙂
Andrés M. | Satoshi Club: Question covered, let’s proceed!
Q4 from Telegram user @DK177:
Announcing the “LPL 2021 Summer Playoffs”, you have indicated that up to $350,000 from the first sale will go into the tournament reward pool and they will be given back to NFT holders as rewards. How do you calculate and distribute these rewards among users? Does the reward depend on the total value of NFTs that each user holds? By the way, prevailing pandemic situation may have a negative impact on this kind of NFT voting pools. How do you manage those issues? Have you identified this kind of challenges you may face? Please explain about your strategies to survive in this situation.
Gold Rocket | Satoshi Club: Partially disclosed, but maybe you will find something to add😊
Cindy: Yes, so I think I answered most of the concerns about the voting pool in the previous question. The rewards will be calculated based on the weights of your NFTs, where SR (the rarest NFT) will have the most weight, then R then N.
For the pandemic situation, we had considered this condition. If the organizers of the competition had to, they would move it to virtual tournament, so it won’t really affect our voting pool because there’ll still be ongoing matches that users can vote for.
That’s all I want to add on for now 🙂
Gold Rocket | Satoshi Club: Thanks 👍
Andrés M. | Satoshi Club: Thank you, btw could share us your roadmap? To remember our community what is coming😁
Cindy: The road map will come with our whitepaper, which will be released soon I believe. Since we have not launched any token, so have not published whitepaper on our website, but will definitely have it ready for everyone before the token launches.
What I can disclose for now is that in the first stage, we did project research, finished seed investment, prepared for beta product, etc.
In the second stage (current), we will focus on Ecosystem development, launch on Binance NFT, deployment on Flow, as well as utility redeem such as the Binance NFT charity series. Additionally, community activities including NFT e-sport, NFT concert, movie premier, etc.
The third stage (probably next year), we will potentially have our TGE announced, depends on our development.
Andrés M. | Satoshi Club: We can’t wait😁
Gold Rocket | Satoshi Club: Looking forward to news😍
Andrés M. | Satoshi Club: Of course! Satoshiclubbers, let’s join! Time to proceed with the next question.
Q5 from Telegram user @andrey_seleznov:
Hi ATTA! I saw on ATTA website NFTs priced not only in crypto such as BUSD, but also in fiat currency like HKD. Do you plan to expand the supported fiat currencies list? Do you have analytics that can suggest how many users in percentage use fiat support vs the crypto payments and maybe how many users have joined the platform because it allows fiat transactions? And finally, ATTA promises not only virtual art but also physical items. How can users purchase real art items and how do you guarantee the uniqueness of such items in the edition is limited? Thank you!
Cindy: So currently, we support credit card and cryptocurrency payment, that’s why it has HKD as an option. And our team definitely have professional tech team and analytics in order to secure the website and make progress for our project.
For the physical items, we jointly launched the Niu.X fashion toy with POIZON in March on https://www.bazhuayu.io/. We’re planning on launching more physical collectibles like this in the future. But currently, for physical items, they are mainly redemption rewards, like the Smile Angel Foundation collection where you can collect NFTs and redeem for physical rewards.
The items are limited and unique because they’ll all be jointly launched with premium IPs and will only be produced by ATTA, most importantly, we’ll limit the number of editions released!
Andrés M. | Satoshi Club: Are you planning to accept more fiat currencies as payment method?
Cindy: Yes we might, it depends on our development progress haha! Will definitely notify our users if we start accepting more fiat currencies.
Andrés M. | Satoshi Club: Haha I think it could increase the adoption of no crypto users.
Cindy: For sure, ATTA’s concept is also linking the real world and digital world.
Gold Rocket | Satoshi Club: Sounds great!
Andrés M. | Satoshi Club: Now, the last question of this part of the AMA is here, ready to go?🥳
Cindy: YES!
Q6 from Telegram user @Highpee:
Your last visit on June 21st was an interesting one and you were able to explain the details of ATTA NFT to us. However, during the last question from Part 1, you were not fully able to provide a clear explanation to the question which was in relation to how NFTs are stored when they are minted. You guessed it may be IPFS, but you were not certain and then promised to check it up with the technical team.
If I may amplify the question again, are these NFTs stored on your server or do you make use of IPFS to store music, art, videos and other media related NFTs? Is the process of NFT production and storage a one way on-chain process or are these processes shared into both on-chain and off-chain components? And as a premium NFT brand that place priority on Intellectual Property, how do you authenticate these NFTs to guarantee their legitimacy during the process of minting and before storage?
Cindy: Yeah haha, thanks for the reminder. For the NFT, confirmed with the tech team it’s IPFS and on-chain.
For authentication, currently we only partners with professional organizations, institutions etc. And as I mentioned previously, we’re very selective in terms of partnerships, like Smile Angel Foundation and the LOL Streamers, we directly communicate with their MCN and union. They also posted official announcement on their side.
Gold Rocket | Satoshi Club: Tell us a bit about Exclusive Chip Certification
Cindy: Sure!
Gold Rocket | Satoshi Club: This is something new in this industry.
Cindy: Yes haha, so the Proprietary Chip Authentication, which is for NFT products that are associated with a physical entity. In that case, we’ll associate a chip with the NFT on-chain, authenticating the unique identity of the physical item. The NFT associated with the chip can be read with the BAZHUAYU App, which corresponds to the individual authentication information of the product.
We’ll also post guidelines regarding the process if we release any more physical collectibles educating our users about it.
Andrés M. | Satoshi Club: Thank you Cindy for your complete answers, this first part was amazing and informative like past AMA😁 Now is time to interact with our dear community!
Cindy: I’m ready!
Gold Rocket | Satoshi Club: Thanks😘 You are great @cindyl111!
Part 2 — live questions from the Telegram community
Q1 from Telegram user @Nenyesam:
Can you share the social media links, where we can read and understand more about this project and also any educational guide on NFT that will help us navigate properly on your platform?
We have posted a lot of tutorials on Medium that you can follow, as well as some introduction of NFT and our concept on ATTA’s official Website: https://www.atta.zone/ and Bazhuayu: https://www.bazhuayu.io/
Here’re also two tutorials for Mystery Box purchase and voting pool:
Q2 from Telegram user @coinerman:
As I understand it, ATTA’s team is currently primarily focused on the Asian market. Will you try to reach other regions to become more globalized? What strategy will ATTA follow to expand rapidly?
Cindy: Yes we will definitely reach out to other regions and ii is planning on it. For instance, for the LOL NFT collection, we’ll open the “League of Legends World Championship” voting pool and is planning on collaborating with more well-known streamers from other regions.
Q3 from Telegram user @meml97:
It caught my attention that right now, there is this event happening on ATTA called “LPL 2021 Summer Playoffs”, can you tell us more about it? What is this event exactly about? I read that users can vote on it and they can do it with certain NFTs, can you give us more details? Why is there a voting system needed and what kind of NFTs can people use to vote? Also how can they vote? What can users win if they voted for the winner team? What benefits do they get from this event? How long will this LPL 2021 Summer Playoffs last?
Cindy: Yes, I think I have disclosed most of it in the AMA. But here’re some important highlights: You can vote with NFTs from ATTA X LOL Streamer NFT Collection.
After each match, users who voted for the winner can share all the rewards from the dedicated reward pool (shares are calculated by the weights of different rarities). Up to $350,000 (around 70%-50% of the revenue) from the first sale will go into the tournament reward pool, all of which will be given back to NFT holders as rewards.
ATTA will continue to release “ATTA x LOL Streamer NFT Mystery Box Collection” by batches and with different series. More reward pools will be opened for tournaments including the “League of Legends World Championship,”, while part of the sales will continue to be rewarded to NFT holders.
Can you tell us about the governance mechanism through ATTA Platform?
Cindy: Just for clarification that ATTA is not a platform but a premium content brand, and we have not launched our token. However, it’s very likely that we will launch our token in the near future and publish whitepaper before that.
Q5 from Telegram user @messilolz:
Where are your NFT listed to buy and do you have your own NFT market or not?
Cindy: We currently don’t have our NFT marketplace, but you can see ATTA NFT on many leading platforms including Binance NFT, Elements, Treasureland and BAZHUAYU. The upcoming Streamer Collection can be purchased on BAZHUAYU: https://www.bazhuayu.io/
Q6 from Telegram user @captainpricee:
Although the usage areas of NFT are expanding, a very large audience is still unfamiliar with this technology. Does ATTA plan to reach this audience? Also, do you have any tutorials for those who haven’t learned how to create NFT yet?
Cindy: Yes we definitely want to reach those audience who are unfamiliar with NFT, since our concept is also linking the real world and digital world.
We create guidlines and tutorials along with all the sales and events for people to follow.
Q7 from Telegram user @AugusS7:
I could notice that one of the main sponsors of ATTA is BAZHUAYU, which is a platform that seeks to take advantage of the full potential of the fans, therefore, could you tell us a little about how beneficial the sponsorship of this platform is to the content creator ATTA? Will it really provide you with technology that will allow you to bring artists closer to fans? If so, how will you do it?
I have seen multiple NFT projects which generally focus on simple digitalization of a picture, video clip or any creation. How ATTA is different from these projects?
Cindy: We are supporters of utility NFT, as we think NFT has evolved and pure social NFT projects like APE or Crypto Punk are hard to develop anymore. You need to focus more on the utilities of NFT from now on.
A key to utility NFT is the scale of the rewards provided. We believe you not only need to link the real world, but also converge the physical and the digital, to make it a two-way interaction. For example, NBA Topshot, a great project, but more focused on one-way connection, from the real world to the digital. That’s why their trading volume depreciated significantly.
ATTA is trying to create a NFT brand that links the real world, a convergence of the physical and the digital, a two-direction door to the metaverse. This is our key differentiator – not just digitalize assets from the real world, but also bring digital to the real world.
Q9 from Telegram user @meml97:
During the last AMA session between ATTA and Satoshi Club, you said you were mainly focused on the Chinese market as the CEO knew a lot of Chinese influencers, but since that moment ATTA has grown exponentially, especially now that an alliance between the project, Binance NFT 100 Creators and Binance Charity has begun. So I was wondering, is the Chinese market still your main target or did that change thanks to all the progress you’ve made? Will you specifically focuse on one market after the Chinese one or do you plan to make things more on a global spectrum from now on? Whatever your next target is, I would like to know what your marketing plans are to keep growing?
Cindy: As I mentioned previously, we’re planning on collaborating with more well-known streamers from other regions for the LOL Streamer collection as well as opening up voting pool for LOL world championship. And since League of Legends is a global game, we believe it would attract many users from other regions.
Q10 from Telegram user @Ratash97:
Utility NFT is quite a new concept for me, can you explain more about the utility aspect of ATTA NFTs?
Cindy: Yes, utility is the core value of our NFTs. For instance, all NFTs from this LOL collection can be used to predict match results for LOL tournaments and win rewards.
Here’re the details on ATTA NFT Utility:
As a support of Utility NFT, ATTA will open an “NFT Benefits Redeem Store” for each IP. You can’t shop in the store, but only redeem the IP’s rights and benefits through related NFT products that were produced by ATTA. So be sure to hold the NFT of your favorite IP. Imagine your favorite streamer invites you to play a LOL game together during the streaming, or share something special with you and you ONLY. You will be able to vote to decide what benefits to be included with ATTA NFT – we could own any benefits that you could image through NFT. ATTA NFTs will not only be collectibles, but also utilities.
ATTA Token:
If ATTA issues its own token in the future, all holders of ATTA-produced NFTs (including airdrops) will receive tiered benefits. Certain holders of ATTA NFTs will even receive priority subscription rights of the ATTA token.
Purchase Eligibility for Super Rare NFT:
ATTA will occasionally launch super rare NFT products of top IPs, which will be available for purchase ONLY to holders of ATTA NFT. Super Rare NFTs will all be eligible for obtaining the top benefits in the real world.
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.
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