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 Bazaars . The AMA took place on the 12th of July.
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
Robocop
| Satoshi Club
Hello Satoshi
Club community ! We are pleased to announce today AMA with Bazaars
Pavel
P
Hello
everyone and welcome to our AMA Session with Bazaars!
Let’s welcome
our guests!
Robocop
| Satoshi Club
Today our special guests are @RALKH and @CryptomoeBZR
Cryptomoe
Hello
everyone
Raja
Hi
Pavel
P
Welcome to
Satoshi Club! How are you?
Robocop
| Satoshi Club
Welcome to Satoshi Club Cryptomoe and Raja
Raja
We’re very
excited to be here
Cryptomoe
Great thanks
looking forward to the AMA
Robocop
| Satoshi Club
Great! We are
also very excited to do AMA with Bazaars
Pavel
P
So as we are
– excited to see Bazaars here!
Robocop
| Satoshi Club
Let’s start
our AMA !
Pavel
P
@Pratze ,
Let’s go!
Robocop
| Satoshi Club
Can you
please introduce yourself and your team. How did you get to be involved in
Cryptocurrency & Bazaars Project?
Raja
Hi, I’m an
ex-Vodafone executive and spent many years in the telecoms industry then was
involved in a few startups
Pavel
P
Wow! I have
some colleagues here
Raja
Cryptocurrency
and Bazaars grew out of one ecommerce start up for emerging markets where we
identified a need for easy transactions
Cryptomoe
After a
career with GE Capital I started trading in crypto and realized that it was
only used for speculation this was the next natural evolution
Robocop
| Satoshi Club
Great
background both of you have here , by the way how big are Bazaars team right
now ?
Raja
There’s a lot
written about cryptocurrency risk but fiat currencies are also very volatile.
The main issue with crypto as we see it at the moment is that it’s very
difficult to convert its value into goods and assets. We want to change that
We are 16
people.
Pavel
P
Fully agree
with you!
So what are
the areas of ecommerce you support or it covers everything that can be traded?
Raja
We want to
grow the marketplace into one of the largest and we believe this can be best be
done by making it easy to trade peer-to-peer.
We have a
catalogue of high value goods and also vehicles and properties listings
Our aim is to
grow this over the next few months. We only launched the app last week!
Pavel
P
Great to see
your enthusiasm! And let’s hope it will only grow day by day!
Robocop
| Satoshi Club
Thank you for
the great introduction
Cryptomoe
We are
currently shipping items to 52 countries
and anyone
can list property or vehicles for free
Pavel
P
Let’s talk
about it in details once we see 6 questions from our community chosen for the
1st part за our AMA!
Pavel
P
Ready for the
first one?
Robocop
| Satoshi Club
We have
collected 6 community questions for part 1 from Satoshi Club community,
ready to
proceed?
Raja
Sure
Pavel
P
Q1 From Telegram User @UniqueVicky
You made us to understand that Bazaar’s project is split into 4 stages, THOMAS EDISON, YURL GAGARIN, IBN AL HARYTHAM AND PENNSYLVANIA MUTINY. I would love if you could provide extensive analysis of these stages of Bazaar, it’s functions, features, characteristics, the benefits and advantages it will bring to the platform and the community at large. You said when all stages are complete the Bazaar’s network will be fully decentralized, open source, led, controlled and owned by the Bazaar’s community. So when will all stages be completed? Which of the stages is your top priority now and which are you currently working on now? What requirements will bazaar community meet to control and led a particular stage?
Cryptomoe
Hi, all the
details about the different stages are described on Bazaars.io. We have
completed Stages 1 & 2 and are finalizing Stage 3. We are hoping to
complete all stages by December this year. Once Stage 4 is complete we will
handover to community governance. If members of the Bazaars community are
interested in driving the project in a particular direction before then, they
can connect with us on any of our channels and provide feedback
Robocop
| Satoshi Club
Can you
please share the roadmap from Bazaars project ? do this 4 stage also include on
your roadmap?
Should we
expect the appearance of new stages after December?
Raja
Definitely,
but that will be decided by the community
When we do
the community handover, we will be establishing Bazaars as a foundation with
elected board members from the Bazaars community to drive Bazaars forward.
Pavel
P
I see, so how
will your DAO look like?
What should
the community own to have voting rights?
I see, so DAO
will start operated on December 2022 right
Raja
The DAO rules
if you want will be one of the first tasks for the board.
Probably from
January 2023
Robocop
| Satoshi Club
Thank you for
the detail answer, do you want to add anything or we can go to 2nd question ?
Raja
We can go to
question 2
Pavel
P
Q2 From Telegram User @Crypt0ana1yst
After i check on Bazaars telegram, i understand that Bazaars is a marketplace similar to e-commerce business where user can exchange crypto for physical asset, so is that mean we can use your token $BZR to buy and sell product inside Bazaars? I am also still don’t understand why do we as buyer/seller need $BZR token to do transaction, can you please mention other use-case & function from your token $BZR, do user will have some discount or reward if using $BZR?
Raja
if
@uniquevickuy is happy with the answer
Cryptomoe
Only buyers
need BZR tokens to transact, it is an admin fee to run the platform and in
future fuel transactions. Token holders will from January 2023 be rewarded with
a percentage of the transaction fees so their investment in BZR will grow.
Robocop
| Satoshi Club
Cool ! there
is a reward for holder ? how much percentage of the transaction fees for the
reward? and do the reward claimable everyday?
Raja
Token holders
will receive a percentage of the transactions fees. The rewards will be
airdropped quarterly
15%
Robocop
| Satoshi Club
So what
cryptocurrency can be use to do trade inside Bazaars ? only BTC ?
Cryptomoe
Ether and BTC
can be used to buy items
Raja
and we will be
adding other major cryptocurrencies
Cryptomoe
the sellers
can list a property or vehicle in any currency they choose
Pavel
P
What about
fiat? Do you also plan to add it?
Robocop
| Satoshi Club
ETH and BTC,
nice…. thank you for the answer
Raja
We are not
planning on adding fiat as there are many marketplaces that cater to this.
Our aim is to
give cryptocurrency holders a way to convert their currencies into things you
can use everyday. And we believe this is the future.
Pavel
P
I see, fair
enough
Robocop
| Satoshi Club
Yes i also
believe Cryptocurrency is the future
Pavel
P
Perfect!
Thank you for detailed answer. Let’s proceed to the next question
Robocop
| Satoshi Club
Let’s
continue to 3rd question
Pavel
P
Q3 From Telegram User @Cheriemike
For Bazaars app V2.0,it is stated that new releases of the Bazaars crypto marketplace app will incorporate new features.So what will be the new features that will be incorporated to V2.0 that will make it stand out from other crypto marketplace app?When will this new releases be added since you didn’t specify it in your roadmap?You also said that all crypto assets gained from Bazaars’s transaction fees on the Bazaars app will be divided amongst token holders in form of Airdrop.So will there be an amount of $BZR allocated for the Airdrop from the transaction fees or all that is gotten from the from the transaction fees are to share to all $BZR holders?Or will it be for those who hold huge amount of $BZR token?Will this happen on a regular basis?Please explain Thanks
Cryptomoe
The new
version will accept additional cryptocurrencies as payments, enhanced UI,
wallet, and be available in more countries. Will also have a light mode and
dark mode.
Regarding
transaction fees, these will be split among all token holders. Of course, if
you have more BZRs you get a bigger percentage. We will be doing this on a
quarterly basis
Raja
Just to add,
one of our USPs is our partnership with Aramex, a global logistics provider so
we are able to support shipping across so many countries.
Robocop
| Satoshi Club
So Bazaars it
self or token work under ETH(ERC20), don’t user will get problem with high fees
regarding transaction fees?
Raja
Useful
Cryptomoe
Bazaars app
accepts BTC or ETh as payments
If on that
day the bitcoin network is cheaper for transactions the user can use BTC to
checkout
As your mission is to provide an e-marketplace where cryptocurrency can be exchanged for physical and digital assets, goods, and services,upon studying your Bazaars I just found out that partly of this mission is already realized since you already have an app that offer P2P payment in exchange of an items using a crypto currency so as you already have an app,what’s next step we can look forward from Bazaars? Do you have any plan in the future to build something like a crypto currency exchange for people to easy connect with your exchange as well as your app and are you also considering NFT or gaming services to be associated with in Bazaars? As you only have crypto currency as your mode of payment,do you have plan to also consider fiat currency as an additional payment options to your buyers? As an online shopper,I saw some online shopping platforms partnering with some popular companies to sell their products in their platforms so with Bazaar,are you also planning to collaborate some big platforms to sell their products in Bazaar? If yes,could you tell us in advance what companies or platforms you are eyeing to collaborate with? Thank you
Cryptomoe
We have
completed Stages 1 and 2 of our roadmap which include our peer-to-peer
marketplace. The next steps are outlined in Stages 3 & 4. We are working on
a wallet and deployment of our own blockchain network. We are not planning on
launching an exchange at the moment. We are open to having NFTs, gaming
services and other services to be listed on the marketplace. We are not fiat
currency as there are many marketplaces that cater to fiat payments. However,
we are thinking about an easy way that users can convert cash to crypto. We are
considering partnerships but our priority is on encouraging peer-to-peer
trading.
Pavel
P
You said you
currently ship to 52 countries. But what countries are opened for listings? Are
there any geographical limits?
Cryptomoe
also 52
countries
Robocop
| Satoshi Club
So Bazaars
maybe possible to convert Crypto into cash ? is this mean you will do partner
with some Bank in the future?
Cryptomoe
you can list
items and vehicles in all the countries we have launched in
Raja
No limits for
listings however we can only offer shipping from and to 52 countries.
Cryptomoe
you can
convert crypto to items
Raja
We will be
adding to this in future.
We want to be
able to allow people to easily convert cash to crypto but this is still in the
idea stage
Pavel
P
Will be
following Bazaar then for more updates to come
Robocop
| Satoshi Club
Thank you for
the clarification, do you want to add something else or we can go to next
question?
Raja
We can go to
the next question
Pavel
P
Q5 From Telegram User @Chairmanw
Bazaars mention about ‘trust’ by only using phone number and email to register into your app, but i believe this system is not safe since user can use fake email or fake phone number to harm other user and your company. So how will Bazaars prevent scam like this that doing by seller for example send empty box or fake transaction ?
Cryptomoe
in today’s
online world anyone can fake phone numbers, emails as well as addresses. On the
Bazaars marketplace sellers are not paid until buyers verify that they have
received goods, similar to paypal today.
Sellers are
also reviewed by the buyers
all sellers
will be reviewed by the community
Robocop
| Satoshi Club
Speak of
safety, how about audit for smart contract ? did you already do audit?
Do you also
plan to add a kind of ratings for sellers and buyers?
Cryptomoe
we already
have it for sellers
we have a 5
star review system
Pavel
P
Great! That
also helps to identify those who manipulate while selling or buying
Robocop
| Satoshi Club
Thank you for
the great and detail answer !
Let’s
continue to last question from part 1
Pavel
P
Q6 From Telegram User @KhaleesiKhalee
In the website, it mentioned there that Users can produce and deploy smart contracts and dapps individually or collectively, without an intermediary or third-party or the use of an incorporated entity. So, how is the process of deploying smart contracts and dapps in Bazaars platform? Do you have any tutorials or videos as an instruction to follow especially for non-programmer users? Please provide more information with regards to smart contract and dapps deployment?
Cryptomoe
This is
coming soon! It will be available once we complete all stages in December.
Raja
So another
think to look forward to
Robocop
| Satoshi Club
Please update
them again with Satoshi Club later
Raja
Of course!
Robocop
| Satoshi Club
Thank you! it
has been an amazing time in this first part of the AMA
Raja
Thank you!
Cryptomoe
Thanks
Pavel
P
Before we
proceed to LIVE part, could you share your official links/groups
Robocop
| Satoshi Club
Now is time
to proceed with the second part, the live question part 2
Thank you .
Let’s join now Satoshi Clubber so we can now all new update regarding Bazaars
Are you ready
for the storm of question?
Pavel
P
Thank you and
let’s get ready for some action now!
We will open
chat for 120 seconds
Raja
Fire away!
Pavel
P
Once we close
it back please choose 10 questions to answer
Please do not
answer any questions during the storm
Let’s FIRE!
Part 2 — live questions from the Telegram community
Q1 from Telegram user @Shiva_shivi
On your website you have mentioned that we can get percentage of profit from your marketplace if we hold BZR token, so can you please tell how much token we have to hold for it and which wallet are you going to support for the profits or airdrop?
Raja
You can hold as many tokens as you want, of course if you have more tokens, you will receive higher percentage. Initially Ethereum wallets
Q2 from Telegram user @munishgmr
From What Different markets, will You list your Products on Your Platform? Please tell?
Raja
Most markets, they are listed when you download the apps and use them
Q3 from Telegram user @laaf0
You guys say “All BZR token holders are responsible for keeping their own tokens safe”, but really isn’t the Bazaars app secure enough to store my assets on it? or do they really recommend that we deposit them in other wallets?
Raja
The tokens are separate to the app marketplace. These should be stored on token holder wallets. Therefore token holders should keep their wallets safe
Q4 from Telegram user @Cheriemike
I read that in terms of getting a product,most of the products in your app are shipped directly by Bazaars’s partner, Aramex, a multinational logistics, courier,and package delivery company based in Dubai,United Arab Emirates.So will Aramex be the only partner Bazzars will work with to deliver products to buyers?Please explain Thanks
Raja
Aramex is our international partner and we have many local delivery partners
Q5 from Telegram user @MartinRedfield
Bazaars app can solve so many problems on crypto industry and cut the middle-hands , i wanna know will you also provide a loan system on it for giving loan by $BZR token to users ?
Cryptomoe
We are in negtotionations to be able to provide our customers with crypto loans to purcahse items
Q6 from Telegram user @LuisPagulayan
Can you please share us why you named the project Bazaars? What do you sell?
Raja
Bazaars means marketplace. Bazaars apps provide a peer to peer marketplace so users can sell anything legal in their jurisdiction.
Q7 from Telegram user @BenjaminBarkerBarber
About the team members of bazaars ecosystem i wanna know are they anonymous ? If yes may i know why ? If no are they fully doxxed right now ?
Raja
The team members are listed in the white paper which is available to download from bazaars.io. We also listed our initial investors, some have chosen to remain anonymous.
Q8 from Telegram user @Gemshunter22
Can I buy BZR tokens on any exchanges? Where is it listed and is it available on your website ?on what blockchains is your token launched?
What kind of data Bazaars app has access to them on our phones ?
Do you sell The data of users to some third party companies for marketing or other purposes ?
Raja
No access to any data. And no we are not planning on selling user data. We only collect data that is required by Google and Apple to have our apps on their stores. That is really minimal data. This is to protect user privacy
Q10 from Telegram user @alpaca_moeen
From day 1 only , many projects make many goals but they are not able to stay up to date with the roadmap and their goals,Please tell about your Nearest Goal that you want to achieve this quarter?
Cryptomoe
we launched from day 1 with a working app and have met all our deadlines. We are a working project not just an idea
Part 3 – Quiz Results
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.
For more information and future AMAs, join our Social Media channels:
Part 2: 200$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Time Raiders Team will select 10 questions and answer them.
For more details: Time Raiders Website – timeraiders.io Time Raiders Telegram – @TimeRaiders Time Raiders Discord – @TimeRaiders Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish
Part 2: 200$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Time Raiders Team will select 10 questions and answer them.
For more details: Time Raiders Website – timeraiders.io Time Raiders Telegram – @TimeRaiders Time Raiders Discord – @TimeRaiders Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish
The metaverse is becoming more real by the day. Many people imagine it to be a flawless world where impossible things in the real world become achievable. Because of its nearly actual 3D environment, the metaverse can be described as a mirror of reality and a new world, permitting the creation of an evolved reality with novel scenarios. Some crypto experts call it the “mirror world.”
Certain projects have been born as a result of the crypto community’s faith in the metaverse. These projects propose new products to complete the metaverse and make sure it is lacking nothing the real world has. Each project is distinct and they are collectively building a solid virtual feature that is slowly coming alive. You are about to learn everything there is to know about one of the best metaverse projects that are truly taking the metaverse by storm.
Introducing Ultiverse
Ultiverse is creating the future of metaverse technology. It was created to drive the growth of the metaverse and build something substantial for users. Ultiverse provides a web3 social gaming metaverse that is truly immersive. It is a unique integrated platform that combines social activities, AAA gaming, access to DeFi and DEXs, a DAO, a sub-DAO, and more.
Players can import their own NFTs from other chains into Ultiverse and use their customized art galleries to show them off and even sell them. Players will be able to set up Battle Arena events where participants compete against each other to flaunt their best weapons and skills, with the winner receiving rewards. Players will also be able to throw parties during which they or their friends’ music NFTs will be played to entertain the invitees.
The virtual reality platform is built on Unreal Engine 5 and powered by the Unreal Enterprise Program, which enables the development of visually demanding applications such as AAA games, motion pictures, and photoreal visualization. To further provide players with distinctive experiences within the game, in-game NPCs are created using AI and generated based on the user’s free play, with each NPC’s behavior and personality evolving likewise.
Ultiverse intends to build MetaFi, the first Metaverse-based economic model that is more realistic than anything that has come before. Ultiverse, for instance, differs from conventional GameFi-based social gaming platforms where you simply purchase a plot of land and wait for its value to increase. Ultiverse encourages users to construct industrial facilities to actively increase the value of their land or other properties. This means making several real estate investments that benefit the community and ensuring sustainable use of the land.
Three Most Important Facets of the Ultiverse
These three aspects drive much of what Ultiverse is about right now, as well as what you may expect from Ultiverse in the near future. These facets of Ultiverse provide gamers a decent idea of the extensive gameplay experience they can soon look forward to with Ultiverse.
1. Terminus
Terminus will function similarly to a real city, providing users with access to all of these services and more, making their stay a realistic and thrilling experience. Ultiverse has essentially created the essentials of a real-world metropolis on-chain.
In order to give users access to all of these services and more, Terminus will function exactly like a real city. This will make users stay on Ultiverse immersive and interesting. In essence, Ultiverse has recreated on-chain the components of a real-world city.
The Ultiverse platform’s games are all accessible through gates on Terminus, which also functions as a portal. Endless Loop, an MMORPG also created using Unreal Engine 5, will be the first of these games. MMORPG is not a popular term so we feel the need to pause here to say that MMORPG is an abbreviation for “Massively Multiplayer Online Role-Playing Games”
2. Endless Loop
A vast galaxy made up of multiple planets is depicted in Endless Loop, each of which has its own distinctive terrain and resources for mining, exploration, and hunting. Players can travel through these universes while making and constructing structures that will give them stronger defense against foes or more effective mining. Players will have to work together to construct space stations around each planet’s orbit in order to travel between them. With in-game resources, this procedure will be similar to SocialFi’s crowdfunding technique…
As you ramp up your character’s resources in Endless Loop, the main gameplay will center around exploration, questing, mining, and crafting. You’ll also be able to hunt and fight alien
creatures and even domesticate and breed the more docile species. The basic gameplay focuses on exploration, questing, mining, and crafting as you build up your character’s resources.
3. Electric Sheep NFT
NFT collections will be available in Ultiverse, allowing users to discover new opportunities. Ultiverse’s very first PFP collection, Electric Sheep, is composed of intricately detailed 12-part avatars that are hand-drawn with a cyberpunk aesthetic and a rich backstory. Owners of the Electric Sheep NFTs will be able to import them into Terminus, where each NFT will be portrayed by a unique 1-of-1 3D avatar. Users of Electric Sheep will have access to a number of additional features and rewards for holders, which Ultiverse will be releasing soon..
Meet the Brains Behind Ultiverse
The primary team members of Ultiverse’s development team have worked on successful games like “Elden Ring,” “Prince of Persia,” and “Assassin’s Creed.” Ultiverse is being created by a top-notch game studio. The project team created a highly skilled team with a background in game creation to produce this gaming experience.
Features of the Ultiverse
Arena
There are several different mini-games available in Arena. In the arena, users can engage in combat with other players. The most talented players will be chosen after each month’s official championship. The champion will have a statue of its own in Ultiverse.
NFT Gallery
Every user in Ultiverse has access to their own NFT Gallery, which effectively functions as a “decentralised OpenSed” by allowing users to mint, display, and trade their own NFT assets in the metaverse. Also, official evaluations will occur frequently. The UltiverseDAO, which is managed by the Ultiverse community, will officially fund NFT efforts that have won awards.
Marketplace
The Ultiverse’s avatars, skins, gear, aircraft, props, and other assets are all NFTS. The Marketplace provides a number of trading alternatives including direct trading, bidding, blind box, etc. In the marketplace, it is simple and easy for a player to list and trade any NFT item in the player’s NFTGallery.
Council
The council is the place where players can make suggestions and cast votes in Ultiverse. Everything from beginning a planetary war to changing the monetary policy to erecting a new edifice can be proposed in the council. Every player who has a governance token has the ability to take part in council proceedings.
Biswap Defi Bank
With the Multi-type Referral Program and the lowest charge of 0.1 percent, Biswap is the second-largest DEX on the BNB Chain. As the first Defi Bank, Biswap will be integrated with its main products in Terminus City. Users will gradually be able to access low-charge swaps, a liquidity provision alternative, and passive income on farms through the Ultiverse. Users can now get a taste of exchange freedom in the real-world chain city!
Gaming Guilds
Players can create their own gaming guilds on Ultiverse, and each officially recognized guild will have a separate building with a built-in chat feature. Think of it as a digital Discord or chat room where players can freely interact with guild mages using their avatars and body language.
Construction Bureau
Players and guilds can acquire property and erect structures at the Construction Bureau to introduce their business ideas and cutting-edge game features. The Construction Bureau also offers a variety of advertising services.
Roadmap
Ulitverse’s Communities
Ulitverse’s Discord
Become a part of Ulitverse’s Discord Community. Click here to join.
Ulitverse’s Twitter
Follow Ulitverse on Twitter and join other Twitter community members to talk and learn about this project. Click here to join.
Ulitverse’s Website
Want to see what Ulitverse is like for yourself? Click here to visit the Ulitverse website.
