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In such a turbulent, worldwide macroeconomic setting and throughout the actual COVID-19 pandemic, we’ve seen how so many pillars in our societies have been shaken from the very core, due to emergency restrictions, laws, and mandatory changes that have been imposed upon individuals to allow for the necessary continuation of our social and work lives.
Despite the havoc we’ve all been witnessing, work – in particular – has been and still firmly remains the backbone and beacon that guides our families, societies, countries, and economies even through opaque (many would say ‘dark’) times like these. It is indeed through work – either physical or intellectual – that mankind has been able to accomplish the kind of progress and development that we’re able to enjoy today in terms of science and civilization, empowering men and women, collaboratively, to go beyond the constraints primordially imposed by the physical world, allowing us to shape & mold reality as we know it. And that’s by bearing this key realization in mind that the HYVE team is stepping in, proposing to leverage the potential of blockchain technology to make collective work and collaboration open and decentralized for all.
This is a huge claim with incredible implications – and if you can’t see why yet, don’t fret. We’ll be doing our best in this article to explain why that is and also why – according to HYVE project founder Tudor Stomff and its core team – this process of “workforce decentralization” will become inevitable and desirable in the not-so-distant future.
Why the Actual Labour Market is Broken
There are many issues that clearly uphold the claim above. Here are some:
Uniformity & Stability
In the current global labor market, information asymmetry is, unfortunately, rooted and actually taking over. Statistics show that, for example, the median salary range for a software developer in Berlin is $54,500 / year, whereas in Bucharest the same job yields about $27,000 / year and in Los Angeles around $100,000 / year.
Same job, same experience, same responsibilities, different locations. And these numbers amount to neither the lowest nor highest averages around the world – the difference between extremes can be appalling ….and differences in salaries can coexist even within the same company.
Hiring Biases
Scientific research and progress in Sociology and Social Psychology have demonstrated that the environment where an individual grows up shapes his/her personality, producing specific traits but also casting and favoring stereotypes and biases.
Some examples of widespread, popular (and populist?) stereotypes might be:
“Canadians love hockey and they’re nice to people.”
“Foreigners are stealing our jobs.”
There are numerous kinds of biases, some innocuous, some instrumental to some political parties, some indecent in every aspect – but what research tells us is that biases give way to subjective information, based on sex, age, color, or political belonging. In the case of a work candidate applying for a job, it is pretty clear how these stereotypes that aren’t based on meritocracy can be harmful and dangerous, as well as not representative of an individual’s skills, competence, professionalism, and potential future performance.
Lower Unemployment Rates
One prevailing issue in the labor market that’s becoming all too common is related to the difficulty of intersecting supply and demand. Most companies are (still nowadays) almost always on the lookout for talents to hire, while job applicants who focus on a particular job sphere and unique skillsets still have issues finding a workplace where they can put their talents to great use. This process is exacerbated also by variables like geographical location (as hinted previously) and – above all – by the hiring process itself, which most of the time represents what any entrepreneur would consider a ‘relevant cost center’ that the company has to take into account, due to the presence of onerous middlemen (e.g. employment/staffing agencies).
Impartial Disputes
Newer, less canonical, Web 2.0-based freelancing platforms (like Upwork) have had issues taking off due to the appearance of frequent disputes that couldn’t be solved in an efficient and both objectively & perceivably fair manner. A first attempt to create a fair/democratic mechanism to solve such disputes was launched by eBay in the 90s … yet this model is still quite far from proposing the desirable solutions that, instead, the actual blockchain tech can offer.
These are some among the most prominent controversies that have been endemically present for decades and haven’t yet been truly addressed, despite the apparent issues in our modern societies … but blockchain technology and – as we’ll read below – the HYVE project can definitely come to the rescue.
Blockchain can be the Cure (to the Labour Market Sickness)?
All of the issues outlined above seem to find a natural treatment in what the blockchain paradigm is already suited to offer thanks to its intrinsic characteristics. The core blockchain tech and ledger allow for global access to the pool of individuals and the talents they can offer, enhancing the options that both sides can bring to the table when it comes to making supply and demand meet. Utilizing the blockchain can produce higher competition which in turn and in the long run can lead to more uniform salaries, giving way to economic stability and less objectionable gaps among workers as a result of their location, finally bringing about the basis for a truly global economy – this accounts for the disparity issue among workers’ salaries.
Secondly, blockchain tech can serve as “the one, veritable arbiter” when it comes to dispelling the effect of biases and subjective information overload. This can be accomplished via the supply and display of (only) meaningful information to the actors involved in any potential labor market interaction:
on the blockchain, companies can see a candidate’s work history/experience, reviews, and job-related KPIs
while also keeping some other misleading and non-relevant info undisclosed, such as age, race, sex, etc…
therefore resulting in a naturally unbiased and meritocratically-based hiring process.
Thirdly, blockchain allows for the removal of expensive middlemen (think of companies like Randstad or Adecco for example), thus empowering both the company and the potential candidate’s negotiating power and employment options – the company can promise a substantial boost to an employee’s salary/benefits because the associated cost of middlemen has been erased, thus likely increasing the amount of the company’s hiring budget that can be offered to the worker.
Finally, by employing blockchain technology, disputes can be solved in an efficient, transparent manner, thanks to highly fair, decentralized DRL (dispute resolution layers). The HYVE blog provides a fitting example:
“User A escalates a dispute with user B to court and he provides the accompanying evidence. A team of appropriately prepared jurors is then assigned to the dispute, depending on the particular domain. The jurors look at the evidence and cast their votes. In the case of an unfavorable ruling, user A still has the option of paying a premium and escalating the dispute further down the line, and since jurors are incentivized to make the correct decision it ensures that the system cannot be gamed nor influenced by biases and subjectivity.”
…and the answers and solutions proposed above are behind what the HYVE team is building. So the time is ripe to get to know more about the HYVE project and to flesh out the juiciest details, starting from the professionals that are working to make all of the above an amazing reality.
The Team Behind HYVE
According to HYVE’s CEO, Co-Founder, and Industry veteran Tudor Stomff, HYVE is a project that has been in the pipeline for several years (2017) and that’s just recently become operational with an acclaimed, October mainnet launch. Over the years the team has grown quite extensively (with over 50+ among employees, managers, and executives), featuring now renowned, “industry-clad” professionals and specialists that represent the hallmark of HYVE’s quality proposition.
The organizational structure can be broken down into its unit departments:
The Executive “Suite”: 5 executives including Mr. Stomff himself as HYVE’s CEO, the CTO, and Co-Founder Dominic Burghelea, Chief Strategy Officer and Co-Founder Brad Yasar, CMO Anca Udangiu, and Adrian Asevoaia as CFO.
The Design Department, currently composed of 3 professionals and led by experienced Creative Director Hrant Jaghinyan.
The Marketing Department, with over 14 specialists and led by the CMO Anca Udangiu – the Marketing team is a full-fledged squad where Copywriters, SEO, Advertisement, and Community Managers interact and cooperate in a collective and daily endeavor to make sure that HYVE’s value proposition is truly communicated and appreciated.
The Operations Department, consisting of 6 people and led by seasoned project manager Alexandra Voiculescu, makes sure the company’s operations run smoothly on a day-to-day basis.
The Development Department, where over 25 people are working non-stop to make HYVE a reality. Among the Development Team’s specialists, there are 7 blockchain developers, 4 front-end developers, 2 web3 specialists, 4 mobile developers, and 3 project leaders.
Last but not least the HYVE team can count on the help and advice of 3 Counselors/Advisors whose contribution has proven to be influential and successful to support the project’s vision & mission – Zac Cheah, the CEO of Pundi X, David Orban, Tony or JRNY Crypto.
And, above all, the HYVE team’s pedigree is publicly available – literally just one Google/Linkedin search away. That’s another welcome sign of the professionalism and integrity that would potentially make most of the project stakeholders sleep tight at night, knowing that what’s yet to come is in good, competent hands.
The HYVE Protocol
We’ve outlined some of the actual labor market issues that an “applied blockchain approach” could solve in a general, abstract way. What the HVYE team is building will allow for the conversion of the abstract and conceptual principles into a product with many services that will represent a sought-after reality.
How so? By shifting the current paradigm of the workforce through decentralization – or better by defining a so-called “Decentralized, Autonomous-Task Marketplace”, which will give way to a new model of collaboration, rooted in meritocracy and where individuals can work and even collaborate in a P2P (peer-to-peer) fashion from all corners of the world.
Inside the HYVE ecosystem, there are “tasks” that can be differentiated by the use of different factors or criteria. One of such distinctive factors is based on how the aforementioned “tasks” can be verified thanks to the HYVE platform-specific implementation. Basically, tasks can be ascribed to one among two categories – either HVT (or Human Verified Tasks) or PVT (or Protocol Verified Tasks). So while automation will play a key and most prominent role inside the HYVE ecosystem, there will still be the possibility and option of executing a task verification via “human intercession”, if need be.
You might say now: “ok, but I still don’t get what you mean with the word ‘task’, could you please be more specific?”
Here’s an example that we’ve graciously borrowed from HYVE’s blog:
“ […] Suppose a mobile gaming company wants to reward the first x users who download the game and play its first 3 levels. The company implements the HYVE Library and sets it up, then they’re good to go. They can change the scope of the task too, or even make it incredibly specific, such as getting a reward whenever you discover one of the game’s Easter eggs […] “
And as you can imagine, this goes far beyond games, potentially touching across many industry sectors, markets, and fields of application: anytime a task participant manages to complete a predefined action, the corresponding proof is *automatically* broadcasted to the blockchain, capturing every event as immutable, and transparently verifiable, thus allowing both parties (the company & the participant) to check-proof the user’s task completion.
Protocol’s Tasks & HYVE’s API
So, generally speaking, the HYVE Protocol allows users to create digital tasks without any bounds or restrictions in terms of mechanics. Among the tasks that can be set up, there are more common examples like different sign-up forms, gamified tasks, as well as questionnaires and surveys.
Global Surveys
An example of a potentially interesting application could be a government survey, where a small incentive or reward can be offered for the survey’s completion. The reward is a great way to incentivize users to give honest/correct answers while maintaining full anonymity, thus also allowing them to apply the statistical methodology on an unbiased sample and produce correct/relevant results on studied phenomena and their effects, without the typical distortions of canonical methods.
Artificial Intelligence
That’s another potential application that the protocol can bring about …and a truly unexpected one as well. Once again, we’re drawing fully from Hyve’s official blog to explain the concept and use case:
“[…] let’s take a look at the way AIs work and learn. The most common method to train artificial intelligence is by teaching them how something works through consecutive iterations of that exact same thing. Such as showing an AI 1000 photos that include a crosswalk where the crosswalk is colored, eventually making it possible for the AI to recognize a crosswalk in photos, without the crosswalk being colored.Leaving aside that all of these tasks have become self-verifiable which already speeds up the process immensely, what’s even more interesting is that the AI itself can conceptualize and create tasks on the HYVE platform. Since there’s no need for verification then the AI can go through the whole process on its own […]”
This opens the door to a lot of unexplored avenues, particularly in how we understand AI. It even allows for comparisons:
“Let’s, for example, take two instances of the same AI and assume that both AIs receive a task: that is learning how to differentiate various types of birds. Both AIs will get trained through HYVE and they are both allocated a specific budget for spending which for simplicity we’ll say is 100 HYVE. The first AI, we’ll call him Joe, creates his own tasks based on the objective he needs to complete. The second AI, we’ll call her Amy, is helped by humans. The tasks are created with the same premise, however, in this case, Amy only learns from the result of the tasks and doesn’t have the option to choose those tasks which would best suit her.”
Doing this several times can lead us to understand a lot more about how AI really works, and what the best approach to train an AI is. Considering how important automation has become in the 21st century, this can be the first step in automating menial tasks to truly focus the attention on innovation.
HYVE API Library
The HYVE API Library represents the interface that is used to communicate with the protocol. It is designed to make it easier for developers to implement and integrate the Protocol functionalities with the apps they build. More experienced users who already have a blockchain infrastructure implemented in their environment and want to communicate with the HYVE smart contract directly can do that as well. You can think of the library as the Ethereum blockchain and the API Library as the web3JS library.
The library’s compatibility encompasses several coding languages such as PHP, Javascript, Swift, Python, Java, Ruby, and C++, thus making it highly integrated, modular, and ready to be employed. And this implementation follows the key principle of user-friendliness and ease of integration, to make the API and protocol as easy to use as possible. And this, of course, is a non-exhaustive list of HYVE’s potential use cases. As Mainnet has very recently launched, more features are going to be unrolled, as the team starts moving from the testing to the production phase – more on that in the Roadmap section below!
Token ($HYVE) and Tokenomics
Everything that HYVE does as an ecosystem revolves around its flagship $HYVE token. $HYVE not only adds tremendous use-cases with built-in game rewards and incentives but also ensures that a solid and proper token economy is established within the HYVE ecosystem, thus holistically generating value for both the protocol and the ecosystem. The whole HYVE ecosystem design follows game-theoretic principles, being built on a carefully thought checks and balances system of incentives and disincentives. That’s how the $HYVE token perfectly integrates inside the ecosystem as the privileged means to tap into the full advantages of the HYVE protocol itself.
What are the advantages brought forth by the $HYVE token?
The $HYVE token is an ERC777 asset that is backward compatible with the ERC20 standard, that’s equipped with governance, fees & staking functionalities and that’s also used for subscriptions, advertisements, exclusivity, curation, and dispute resolution features. It is thanks to these functionalities that every $HYVE holder/user becomes part of the ecosystem. Moreover, more peculiar aspects regarding the $HYVE tokenomics design are tied to its meticulously crafted “revenue streams architecture”: as recently stated by HYVE’s CEO Tudor Stomff:
“[…] all the revenue streams that are generated tend to flow back to the ecosystem itself. Let me give some examples;
if the task is paid in $HYVE, then the fees amount to 0
if the fee is paid in $HYVE, then it is burned; i.e. HYVE is deflationary
if the fee is paid in ETH/USDT -> 75% of that goes to stakers.
let’s take another example, Ads. Again, 75% of revenue will go to LP providers in this case.
we can do a third example too; in the case of marketplace fees and/or subscriptions, 75% of fees will then go to the developers building apps for the marketplace.
I could go on with this for a while, but the idea is simple […]”
And the pervasive idea is that the entire protocol is built around the token which, in turn, represents the protocol’s roots and foundation, therefore implying that one can’t exist without the other, integrating seamlessly into a system that’s meant to be self-sustained as well as capable of taking care of all the different parties that are a part of the HYVE ecosystem.
Now, this wouldn’t be a true tokenomics section without getting to the hard numbers.
So here they are:
the Maximum Supply of $HYVE is 100,000,000.
the Current Circulating Supply is 34,250,000.
Of the remaining 65,750,000 $HYVE tokens that have not been released in circulation, the split-up is as follows:
2,000,000 were initially reserved for Advisors and have now entered the HYVE growth reserve pool.
15,000,000 were allocated for the Team with a 2-year linear-vesting period of exactly 1 year that started after $HYVE’s TGE (which occurred in October). The linear vesting implies that 625K HYVE / month will enter circulation.
3,000,000 $HYVE tokens were reserved as Bug Bounty allocation and will be released throughout 2021–2022.
45,750,000 were allocated for the Growth Reserve. The Growth Reserve distribution is set to enter circulation throughout ~5 years at the minimum and ~10 years at the maximum and utilized to launch incentives and also reward new users that sign-up with HYVE.
Currently, the $HYVE token is listed on Centralized Exchanges such as Kucoin, Bithumb, Gate.io, Bittrex, and ABCC as well as on Uniswap and PancakeSwap.
Roadmap
The team has announced that several key milestones are lined up and prepared to be launched for Q4 2021. These include:
The announcement of a new advisor
Two new listings
The release of HYVE’s API and its documentation
The final & full deployment of the HYVE App, ready to go live on 3+ different blockchains
New launchpad functionalities – yes, the HYVE ecosystem has its very own launchpad! (We didn’t delve deeper into it as it would force us to omit many other fundamental aspects of the protocol and ecosystem but we highly encourage you to read more about its peculiar and unique features here)
New partnerships announcements (new companies as well as academic institutions and organizations that will allegedly be onboarded into the HYVE ecosystem)
Further team growth with new talents being hired.
A more specific, technically detailed & date-referenced roadmap can be found at the following link – once again, it’s a “do not miss out on reading it” advice to click on the link and learn more on all the goodies (and there are a lot!) that are coming very soon on HYVE… and that are being tested and implemented just as we speak!
Conclusion
HYVE represents a “promise” – or better “the” promise to be the community-centric ecosystem that can act as the catalyst to shift the currently inefficient market labor paradigms towards more desirable decentralized blockchain technology and economies that would have the potential to fix the endemic issues plaguing our labor markets and societies.
The scope is huge: connecting supply and demand (employers and workers) and tying all in with a blockchain technology that’s useful, user-friendly and user(s)-centric is no menial task but is also the necessary first step that can bring the industry to be recognized as the revolutionary change that, day by day, seems to take all the more the “self-fulfilling prophecy shape” thanks to new, unprecedented and amazing ideas, like the one that HYVE is developing and bringing to fruition.
And that is why we can only be HYVE’s biggest fans, as we wish the team to see this article to be like the precocious and, hopefully, foretelling pièce of a successful script as we’ll look in retrospect to HYVE in the weeks, months, and years to come.
Community and Social Channels (as of November 8th, 2021)
HYVE’s Website
For everything you need to know about HYVE, visit the official HYVE Website.
HYVE’s Telegram
Join the conversation on Telegram to stay in the know about HYVE.
HYVE’s Medium
To keep up with the latest updates from HYVE, follow them on their Blog.
HYVE’s Twitter
Get in touch and social with other members of HYVE’s community. Join the community on Twitter.
Legal Disclaimer
Both Satoshi Club and the article’s authors are not providing readers any individually tailored investment advice. The article does not constitute financial advice. The material is for educational purposes only and Satoshi Club nor any of its authors are responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.
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 MusesNFT and our guests
were @oleg_lebed and @peter7708. The AMA took place on 7 November.
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
Oleg
( I will never DM you first ): Hello, thanks a lot
for the warm welcome
Mary
| Satoshi Club: Sure, we are always happy to welcome
such kind of projects here👏
So, let’s start our AMA
🚀
And as usually we will
start it with introduction 😀
Could you please
introduce yourself and tell us more about MusesNFT 🔥
Oleg
( I will never DM you first ): absolutely 👍
Our core team is
composed of former engineers and product managers who have developed and
maintained software programs for top companies which include At&T, Virgin
Mobile, Gazprom, Beeline, and many others. We bring years of experience in
software engineering, entrepreneurship, and business development especially in
crypto space. I, myself, Oleg Lebedev have worked closely with several advanced
technological companies and been learning about NFTs for long time now.
Jamie Paskin- is our
expert who has years of experience in crypto space and working well known tech
companies. He is one of our project managers and making a tremendous
contribution to its development with his expertise.
Andrey Schmitt-Andrey
has a BSc and MSc in Computer Engineering, and more than 12 years of
professional experience in IT Consulting & Innovation and self-starting new
business ventures. Andrey is a Partner in charge of IT Consulting and
Innovation at Luxoft and designated leader at MusesNFT. He is working closely
with our three developers and using his well advanced IT skills to make lots of
improvements for MusesNFT ecosystem.
Maxwell Cooper-A
founder & IT Design Specialist at MusesNFT, Maxwell previously worked at a
number of large technology companies. He has obtained his BSc from UMASS and
MSc from Boston University. He has in-depth knowledge and experience in
blockchain technology and NFTs.
Maxwell is also
certified full stack web developer. He is very passionate about technology and
how technology can solve today’s problems.
We are large team total
members consist of 11 full time and 4 part time employees at the MusesNFT
Project.
Mary
| Satoshi Club: Wow, experienced team! When did you
decide to create MusesNFT? 😀
Jonah
🏅🎹 | Satoshi Club: You have a very great
team 👏👏
Oleg
( I will never DM you first ): Thank you for the
positive feedback. Product is already being developed and ready to launch our
project on November 12th 6 pm UTC time
Jonah
🏅🎹 | Satoshi Club: It’s close already.. 🥳
Mary
| Satoshi Club: You will start with beta version or
full launch?
Oleg
( I will never DM you first ): yes, and we are all
really excited.
We will start with the
beta version just for testing first and then full launch right after making
sure everything is in place.
Multiple products, some
will be available a bit later.
Mary
| Satoshi Club: Fantastic! Can you tell our community
about the main goals of MusesNFT?
Oleg
( I will never DM you first ): [MusesNFT is building
an ecosystem with multiple products that aims to integrate a broad community
represented by artists, gallery owners, investors and enthusiasts, around the
new technological possibilities of art and the new Digital Economy. The main
objective of the project is to build truly community owned project which will
bring continues passive income for our investors. The products include 3D
marketplace which will offer virtual reality experience for art and NFT lovers.
Investors, artists, museums and art enthusiasts can create art gallery shows,
auctions and just trade NFTs. Some of the unique features for marketplace is
offering augmented NFTs thanks to 3D surface scanner app which will also be
offered by our project. Artists will be able to just scan their art work and
create very detailed NFTs, buyers and investors will be able to redeem their
NFTs for real art piece or exclusive products. A unique digital signature can be
obtained from the MusesNFT for expensive paintings and provide ownership which
can be claimed by only the holder of the painting.
Mary
| Satoshi Club: A lot of goals! Very ambitious 🤩
Oleg
( I will never DM you first ): In one sentence, our
aim is to create wealth for our community. 😊
Thank you 😊
Jonah
🏅🎹 | Satoshi Club: So many exciting
features here… This is great indeed 👌
Mary
| Satoshi Club: Thank you for your intro, Oleg! We
choose 6 questions from our community for the first part of our AMA 🚀
Are you ready for them?
Oleg
( I will never DM you first ): yes, I am 😊
Q1 from Telegram
user @JaviSuBs™
What
is MusesNFT? For whom was it created, is it just another NFT market, similar to
many NFT markets that already exist? What’s different about it, can you tell us
a little about how it works and how is it different? As the general public can
acquire NFT art on your platform, is it necessary to have the MSS token to be
able to buy or view content in your NFT market or can you do it with other
cryptocurrencies or stablecoins?
Mary
| Satoshi Club: It’s partially covered in intro, but i
am sure Oleg will add more info😀
Oleg
( I will never DM you first ): MusesNFT is a
community owned project governed by solely its community members which offers
multiple products in crypto space. It exclusive redeemable NFTs, augmented
reality features are very unique. No other project has so far included some of
these key features in their ecosystem. Another unique features hasn’t been
mentioned yet is a digital signature feature. This digital signature can be
obtained from the MusesNFT for expensive paintings and provide ownership which
can be claimed by only the holder of the painting in NFT form. Another feature
offered before purchase buyers print a special QR code and place it on their
walls to see how the art piece will look in their space.
Its not required to
hold $MSS token in order to purchase NFTs but doing so can give buyers better
price compared to purchasing with other crypto currencies or stablecoins.
Mary
| Satoshi Club: By better price you mean discount?😀
Oleg
( I will never DM you first ): yes, certainly.
Discount will be given when purchased with our native token.
Jonah
🏅🎹 | Satoshi Club: do you already have
what percentage this discount will be?
Oleg
( I will never DM you first ): not yet, our research
team will do thru calculations before its determined.
Mary
| Satoshi Club: We will wait for their decision 😉
it’s always a good incentive to buy with discount
Oleg
( I will never DM you first ): Yes, we want to create
more utility for our native token $MSS
Q2 from Telegram
user @Pavel_Jarosh
Same
as for physical pieces of art, you also introduct an insurance model that
involves a small premium paid in Muses (MSS) tokens with each transaction, such
as purchase or loan. As NFT artworks are not physical please explain what
exactly does the insurance cover? What is the insurance payment limit? Does it
depend on the price of NFT or it’s fixed for all types of NFTs? How does the
process for claiming the insurance passes for users? Thank you!
Oleg
( I will never DM you first ): Not all but majority
of the NFTs in our platform will be real art piece with certain value. NFT holders
can redeem their NFTs to receive the original art piece. Original art piece
will be sent to the NFT owner once redeemed and due to logistics and other
unforeseen circumstances the original art piece will be insured in case of a
damage or loss. The amount of the premium is determined according to each art
pieces value. We will have curators who will provide and determine the accurate
value for the art piece. Collectors will be able to follow the work of their
favorite curators and follow up on their recommendations. In MusesNFT
Marketplace curators will be involved in creation of virtual exhibitions while
benefiting from art sales too. The limit for the insurance payment will be the
full cost of an art piece value. In case of a damage or loss while the art
piece is being delivered, buyers can submit a claim through our platform and
after determining the validity of the claim, the payout will be made to the
owner.
Mary
| Satoshi Club: So, insurance will be activated only
for redeemed NFTs?
Oleg
( I will never DM you first ): yes, only for
redeemable NFTs for art piece or custom made products.
Mary
| Satoshi Club: Btw, do you work only with redeemable
NFTs or with both types?
Oleg
( I will never DM you first ): We will work with both
types. In order for NFT to become redeemable it has to be approved and
evaluated by our curators.
Only, qualified art
piece can be approved to become redeemable.
But we will support all
types of NFTs.
Mary
| Satoshi Club: Who are your curators?
Oleg
( I will never DM you first ): We have our own
curators with several years of work experience to evaluate art pieces, but its
on going process, curators can apply and join the ecosystem if approved and
earn income regularly.
Mary
| Satoshi Club: Oh, sure you will choose only the best😉
Oleg
( I will never DM you first ): Yes, indeed. We will
do background and reference checks certainly.
Q3 from Telegram User
@Ajpaa
MusesNFT
will offer transparent cross chain launchpad which will include BSC and
Ethereum in phase 1, KuCoin and Matic in phase 2 and the launchpad will provide
a two-round system for holding IDOs… How will this two-round system for holding
IDOs work? What are the requirements for projects to access your launchpad and
What is your vesting process? What kind of support does your launchpad avail
such projects? Thank you.
Oleg
( I will never DM you first ): [We have made a small
change for our launchpad supported networks. Instead of KuCoin, our developers
are working for on Solana and Matic networks. Two rounds will be offered for
$MSS holders, depending on the amount of held $MSS, investors will be divided
into tiers. We will share tier details later through an official medium post.
During the first round, tier 1 holders will be able to participate in the IDO
and the second round will include tier 2 holders. Guaranteed allocation will be
provided for all $MSS holders. MusesNFT will provide investors exclusive access
to safe, most recent innovative projects thanks to our rigorous selection
process. Auto liquidity lock features will be enabled and anti dump measures
(calculations) will be made to provide extra security.
For projects, we will provide
mass marketing services and exposure for future investors. MusesNFT also will
not charge fee on project tokens that’s because we believe its not healthy when IDO platforms take percentage of the
project token and dump on investors. Our fee for projects to organize IDO will
be set price in stable coins.
Mary
| Satoshi Club: Which projects will launch on your
platform? Which kind of projects do you prefer? How are you going to prevent
scam or soft-scam projects?
Jonah
🏅🎹 | Satoshi Club: I like the fact that
there are guaranteed allocations for all $MSS holders
Mary
| Satoshi Club: Yes, that’s also my favourite part😉
Oleg
( I will never DM you first ): Launchpad is intended
mostly for NFT projects but we are going to include meme projects. We will
require KYC from projects and do our own rigorous analysis, we have a research
team which will look into every single project before giving a green light and
final decision will be made by $MSS holders thru governance.
Yes, we intend to
reward all $MSS holders more and more.
Mary
| Satoshi Club: Nice structure 👍
Oleg
( I will never DM you first ): Thank you 😊👍
Jonah
🏅🎹 | Satoshi Club: This will encourage
more holders
Oleg
( I will never DM you first ): Yes, $MSS has great
use case in our ecosystem. 😊
Q4 from Telegram User
@Emnking
I
read on your telegram page that MusesNFT provides the opportunity for $MSS
holders to make and enjoy massive passive profits, where each user receives a share
of 8% of the profit from each transaction, when users trade NFTs, create
auctions or gallery shows. To what limit can a user hold $MSS and still enjoy
the rewards and what is the lowest/highest amount of $MSS that is required by a
user to hold in order to earn this reward? Holders can also stake their $MSS
and benefit from additional features offered by MusesNFT project. What are the
processes involved in staking $MSS? Is there a farming process also?
Oleg
( I will never DM you first ): In order to enjoy
passive income of 8% transaction fees from each sales withing the MusesNFT
ecosystem, investors just need to hold in their wallets. Profits will be
distributed automatically in each holders wallet and there is no minimum or
maximum amount to hold in order to benefit. The amount of received tokens will
depend on the amount of held $MSS in the wallet. Staking will be available
shortly after the launch, when investors stake their $MSS they can earn
additional $MSS tokens the percentage rate will be shared right before the
staking becomes available. There is no farming process as no more additional
$MSS tokens will be minted, the total amount of the $MSS for the whole life of
the project will be 2,5 mil eventually. Additional benefits include getting
discounts when creating sales or purchases, including gallery shows and
auctions.
Mary
| Satoshi Club: Where staking will be available? On
your platform?
Oleg
( I will never DM you first ): Staking will be
available by December 8th, 2021.
Jonah
🏅🎹 | Satoshi Club: 👏 Passive
income. 🥳
Oleg
( I will never DM you first ): yes, indeed 😊👍
Mary
| Satoshi Club: Why you choose so small total supply?😀
We see a lot of projects which have billions of tokens😀
Oleg
( I will never DM you first ): Our aim is to create
huge demand for $MSS and reduce inflation. Rarity is also important as rarity
for the art piece and NFTs.
Mary
| Satoshi Club: Ahaha, gotcha 👍 it has sense
Q5 from Telegram User
@NataliyaKil
After
visiting MusesNFT Virtual Showcase I had a question. Virtual Showcase will only
be used to showcase NFTs on the Marketplace? Will visitors of this Showcase be
able to transfer to the Marketplace by selecting the desired lot for purchase?
How exactly will the information in the Virtual Showcase match the Marketplace
and how often will it be updated?
Oleg
( I will never DM you first ): Virtual Showcase will
display and showcase NFTs on the marketplace and buy and sell options will be
available once it goes live after the smart contract audit is finalized.
Investor will be able to place buy and sells right from the virtual showcase
and the smart contract will be embedded in the showcase platform.
Jonah
🏅🎹 | Satoshi Club: Will there be a limit
to the price of NFT’s in the marketplace that are showcased here?
Mary
| Satoshi Club: I want to ask you my favourite question
😃 as i see you are planning audit, who did you choose for this job? On
which stage is auditing now?
Oleg
( I will never DM you first ): No limit for the
price.
We have audited our
token smart contract with the Solidity Finance. We will work with the Solidity
Finance and Certic for auditing our remaining smart contracts.
Mary
| Satoshi Club: Good choice 👍
Q6 from Telegram user
@kimzyemma
In
the crypto market today and concerning your platform, users has been talking
about your NFT project that it is mainly depend on it rarity in the crypto
world and recently your community artwork has gained much attention in the
market. I want to know that does this actually result to increase in the price of nft when someone want to bid?
Can you explain how your NFT bidding works in your platform for more
clarifications? How will you guarantee privacy for users which is an essential
factor in the art market especially in the area of platform with high valued
artworks?
Oleg
( I will never DM you first ): Rarity plays a key
role for regular NFTs with similar features to determine the price. But for
redeemable NFTs exclusive art pieces, curators and bid amounts play a great
role in determining the price. Once auction is created for an NFT, users will
be able to place bids and highest bid will be able to purchase the auctioned
NFT. The auction lengths and min bid amount will be determined by the seller.
There is no KYC required in order to participate in auctions or utilize the
marketplace services thus users will remain anonymous. Only when the NFT is
redeemed for the original art piece, personal details for order processing will
be required.
Mary
| Satoshi Club: what currencies will you accept?
Oleg
( I will never DM you first ): Most major crypto
currencies and stablecoins.
Mary
| Satoshi Club: Eth?😃
Oleg
( I will never DM you first ): definitely and usdt 😄
Mary
| Satoshi Club: I am asking this, because as we have a
question about privacy 😃
If you will get eth
from tornado cash – will you accept it?
Oleg
( I will never DM you first ): Yes, of course.
Have to check with our
devs regarding this Andrey Schmitt will be the best person to find out. As long
as its safe why not 😊
Mary
| Satoshi Club: Gotcha 😉
Part
2 — live questions from the Telegram community
Q1. from telegram
username@Sulekh1979
Can
you tell me the Main and Key uses of the $MSS TOKEN and What Benifits it’s
Holders will get ?
Oleg
( I will never DM you first ): $MSS token use case
– Trade
– Staking
– Renting
– Entrance fees
– Digitization services
– Digital rights
exploitation
– Shared ownership
– Insurance
– Passive income from
each transaction with the MusesNFT Ecosystem.
Q2. from telegram
username @Shershah412
I
Found that You had Completed your Audits by SOLIDITY , Can you please tell me
More about your Audits and are you planning for more Audits In Coming
Future ?
Oleg ( I will never DM you first ): All our smart contracts will be audited, including marketplace, staking and launchpad. We have chosen Solidity and for our larger smart contract Certic. Our github and audit reports available through our website https://musesnft.io
Q3. from telegram
username @Rakshhitx5
Hello
😁
You
have allotted 10% Of Tokens to CEX Listing. So can you tell us which exchange
you are looking to get Listed?
Oleg
( I will never DM you first ): We are already in
talks with major CEX to bring larger volume but once approved we will announce
CEX info.
Q4. from telegram
username @Ratash97
Can
you tell us whats the MuseNFT box plateform ?
Oleg
( I will never DM you first ): MusesNFTBox will be
web and mobile app to help users manage their NFTs and most major crypto
currencies easier and more convenient.
Q5. from telegram
username @Jonathantross
May
I know the Main or primary Features of the MusesNFT LAUNCHPAD and How it is
better and Unique from the other Launchpads in the Market ?
Oleg
( I will never DM you first ):our launchpad offers
virtual teality experience with augmented reality NFTs, the quality and user
interface will be very unique as well.
Q6. from telegram
username @pappipappi
I
read all the messages in this AMA and I want to buy MusesNFT tokens but
wondering if there is any whitelist for the future plans for private sale?
Oleg
( I will never DM you first ):no whitelist is
required to participate in our pre-sale, we haven’t done any private sale or
seed funding, this will be our only and first public sale offered first come
first serve basis. Please, check our telegram channel for the link which gives
detailed info regarding how to participate in our IDO, we have publishes a
medium post.
Q7. from telegram
username @latedance
Can
you please tell me 2-3 key reasons why holding MusesNFT tokens is better for
investors than just selling them in the first place?
Oleg
( I will never DM you first ): Huge passive 8% income
from transactions within the MusesNFT ecosystem, and staking passive income and
several other reward features offered for holders including a chance to
participate in IDO for high quality projects in our launchpad.
Q8. from telegram
username @JaviSuBs
@oleg_lebed
@peter7708 How often can we find
auctions on MusesNFT and where can we find information on auction events? Can
you give us more details about the information of this auction and how to
participate in your platform if I am a new artist and want to start on
MusesNFT? What support do you provide for new artists who are just starting out
and have little experience?
Oleg
( I will never DM you first ):Periodic announcements
regarding auctions will be made thru our telegram and twitter channels, also
high level auctions and gallery shows, we will share info via our web site as
well. For new artists, we provide highly discounted curator services and give
them a chance to create real art piece with certain value.
Q9. from telegram username
Question
deleted by user
Oleg
( I will never DM you first ):11% from each
transactions within the MuseNFT ecosystem will be deposited into PancakeSwap
liquidity. Our highly qualified team will continuously work on bringing more
products and features to keep up with rapidly evolving crypto market.
Q10. from telegram
username@highpee
HELLO 🙋♂️
You
describe MusesNFT as a COMMUNITY OWNED PROJECT but you have not disclosed how
community will be able to own or GOVERN this project. Does it mean that you plan to launch a DAO?
Do you already plan how community will be able to influence project direction?
Oleg
( I will never DM you first ):Yes, we will launch a
dao where every $MSS holder will
have a chance to vote
and decide the future of the MusesNFT ecosystem. When deciding additional
products to include or selecting projects to launch with us, community will
have an opportunity to actively participate in decision making process.
Part 3 – Quiz Results
As usual, for the third
part, Satoshi Club Team asked the chat 4 questions about the crypto project. A
link to a Quiz form was sent into the chat.
For
more information and future AMAs, join our Social Media channels:
Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from TEN Finance and our guest, @tenfinance_admin. The AMA took place on the 4th of November.
The AMA session was divided into 3 parts with a total crypto reward pool of 500$.
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Telegram&WebSite
Jonah 🏅🎹 | Satoshi Club: Hello Satoshi Clubbers! Welcome to another AMA session with TEN Finance! Our guest today is @tenfinance_admin. Hello and welcome to Satoshi Club 👏
Mr TEN (WILL NEVER DM YOU): Hi Jonah! Thanks for having me here, it’s a pleasure to be here with you all.
Jonah 🏅🎹 | Satoshi Club: We are excited to have you here, Mr TEN 😊
Mary | Satoshi Club: Welcome to Satoshi Club 👏 How are you today? 😀
Mr TEN (WILL NEVER DM YOU): I’m doing well, thanks for asking, and you guys?
Mary | Satoshi Club: We are excited about this AMA 👍 TEN Finance brings a good mood to everyone 😀 So, let’s start 🚀
Mr TEN (WILL NEVER DM YOU): I’m ready when you are.
Mary | Satoshi Club: Could you please introduce yourself and tell us more about TEN Finance? 😀
Mr TEN (WILL NEVER DM YOU): Yes, absolutely.
So I am one of the co-founders of TEN Finance, and what seems to be now, the “face” of TEN Finance.
My personal background is in Wall Street for the early part of my career, one in which I started as an analyst for a family office that traded in commodities, fixed income and FX. I then moved to a portfolio manager/head trader position and managed about $50M of a $500M fund for our clients, which were mostly ultra-high net worth individuals and their families.
After I left the family office, I went off on my own and set up my hedge fund, which I managed for about 5 years or so, prior to going into fintech development, concentrating mainly on mobile payments with cryptocurrency being the focus.
During my trading days, my hedge funds traded both discretionary and systematic programs. I have since been involved within the crypto/fintech space (2015), having worked on several projects/start-ups in the crypto/mobile payment sector which has now led us to De-Fi and the evolution we’ve seen with TEN Finance along the way.
Our other founding members come from the world of e-commerce, traditional brokerage services in FX/commodities, founding the first world video poker website and having developed online tracking and logistics management software prior to full integration into crypto and fintech.
Our dev team, over the years has contributed to several projects in the crypto space as well, thus having a deep and thorough knowledge base to choose from when we’re working on TEN Finance.
Mary | Satoshi Club: Wow, great background 👍
Mr TEN (WILL NEVER DM YOU): Hah, it helped a little.
Mary | Satoshi Club: Only little? 🤣
Mr TEN (WILL NEVER DM YOU): Very.
Jonah 🏅🎹 | Satoshi Club: You’re now an expert in managing funds 👏
Mr TEN (WILL NEVER DM YOU): Yeah, I did that for 15 years or so. Wall Street isn’t all that.
Mary | Satoshi Club: So, what is the main difference between traditional and decentralised finance? Do you miss some features of traditional finance here? 😉
Mr TEN (WILL NEVER DM YOU): I definitely do not miss traditional finance, that’s for sure.
Mary | Satoshi Club: Ahaha 🤣
Mr TEN (WILL NEVER DM YOU): The main difference is accessibility.
In traditional finance the “high net” individuals had access to things that most didn’t, but in De-Fi anyone, anywhere has access to the same products.
However, the mindset of individuals is not any different. The retail crowd is always the same and that will never seem to change.
Jonah 🏅🎹 | Satoshi Club: Everyone who has a taste of this will have a similar opinion.
Mr TEN (WILL NEVER DM YOU): Yes 100%!
Mary | Satoshi Club: But it’s also a big responsibility 😀 We shouldn’t forget about this.
Mr TEN (WILL NEVER DM YOU): Yes this is 100% true, which is why security and functionality in De-Fi is important. The infrastructure is there for us to continue moving forward.
Mary | Satoshi Club: It’s far from perfect now.
Mr TEN (WILL NEVER DM YOU): But there are also a lot of inexperienced devs taking on projects they shouldn’t. Many projects you see “today” will not be here tomorrow, especially after the next bear market. You really think all these P2E projects will thrive? Wait until Nintendo gets into P2E or some of the other big game studios. Not everyone will be an Axies Infinity, but that’s where the hype is at now.
Mary | Satoshi Club: I am sure only the strongest will survive.
Mr TEN (WILL NEVER DM YOU): Yes, as always.
Mary | Satoshi Club: How big is TEN Finance team? Who will help you to survive in bear market? 😉
Mr TEN (WILL NEVER DM YOU): Well, our team with our admins, devs, founders etc consist 15 people or so? probably more. As we have many volunteers helping us and I consider them as part of our team.
Our team is also well capitalized to last a bear market. I’ve been through nearly all the crypto bear markets, especially this last one from 2018-2020.
Mary | Satoshi Club: I was here also 🤣
Are you anonymous or public?
Mr TEN (WILL NEVER DM YOU): We’re anonymous as of this moment, just like most BSC projects 🙂
De-Fi is different than Gamefi in that respect, but we’ve had several audits in place, Certik and recently Peckshield.
Mary | Satoshi Club: Yes, true. But do you consider the possibility to reveal yourself?
Mr TEN (WILL NEVER DM YOU): Yeah absolutely, perhaps one day we shall do so.
Mary | Satoshi Club: So, what are the main goals for TEN Finance?
Mr TEN (WILL NEVER DM YOU): Simplicity, longevity, sustainability and security. But simplicity above all else because that is how we’ll be able to achieve mass adoption, which is the reason why we created the YIELDEX! A first of its kind in all of the De-Fi world. Yeah, I can tell you more about it if you like.
Jonah 🏅🎹 | Satoshi Club: The more simpler it becomes the more users it brings.
Mr TEN (WILL NEVER DM YOU): Yes 100% agreed.
Mary | Satoshi Club: We will have questions about it from our community 😀 Maybe we can move to them?
Mr TEN (WILL NEVER DM YOU): Sure, let’s do that!
Mary | Satoshi Club: Let’s go 🚀
Q1 from Telegram user @Asela1112:
No pre-sale, no private sale, no pre mine, no allocations for the team or any one else, but everyone has equal opportunity to purchase TENFI tokens from day 1. This makes me have a lot of question. So, how much is the total supply of TENFI tokens? Is it a limited supply or unlimited supply? On which exchanges are TENFI tokens currently listed? Can users buy TENFI tokens directly via TEN Finance website? Without regulated TENFI token supply, how will you control the inflation rate on TENFI token? As well as you have not allocated a portion of $TENFI for your team members and development team, how will they be paid on behalf of their services?
Mr TEN (WILL NEVER DM YOU): Ok so:
Total max supply is 256,000,000, which will be fully minted in 5 years and circulating supply is about 31M right now, so it’s a limited supply.
We are available on DEX’s, PancakeSwap, Biswap, Apeswap etc.
Our team gets a portion of dev rewards from TENFI rewards being paid daily, however, our team has not sold a single TENFI token to date, everything is paid out of pocket.
Mary | Satoshi Club: Can you share your tokenomics with us?
Mr TEN (WILL NEVER DM YOU): 💎 TEN Tokenomics 💎
⏺ Ticker : TENFI ⏺ Total Supply : 256,000,000 ⏺ Circulating supply at launch : 0 ⏺ Fair launch : 5,120,000 (2% of total supply) ⏺ TENFI is directly purchasable at TEN Website and PancakeSwap ⏺ Emissions : 4.44/block or 128,000 TENFI/day
🔥 Fee Details :
Tax ONLY on your profits :
⏺ Burn Fee: 1.50% (TENFI pools) 3.00% (Non-TENFI pools)
⏺ Network Fee: 0.5%
⏺ Gas Fee: 0.3%
Tax on your deposits :
⏺ Deposit Fee : 0.10%
🔥 Total Fee : 2.3% – 3.8% on PROFITS + 0.10% on DEPOSITS
👨💻 Developers Contribution Rewards:
⏺ 17.2% of TENFI claimed rewards will be sent to developers wallet to ensure the growth and longevity of TEN’s development
📔 For more in-depth detail, you can read it at our DOCS
Mary | Satoshi Club: As I understand you’re fully self funded? And don’t have any private investors?
Mr TEN (WILL NEVER DM YOU): True, we launched the project with just myself and the 2 other founders.
Mary | Satoshi Club: Congratulations 😀 Good job!
Thank you for your answers! Ready to proceed?
Mr TEN (WILL NEVER DM YOU): Sure!
Q2 from Telegram user @Ajpaa:
With YIELDEX, users can supply liquidity to multiple LPs and get to choose the type of the YIELDEX they want to invest in, like stablecoins, premium tokens and high yielding blue chip tokens. Also, each YIELDEX will have between 6-10 constituents. What are the requirements to invest in each of these types of the YIELDEX, namely stablecoins, premium tokens and high yielding blue chip tokens? What rewards/income do they offer to investors? Can you tell us the coins and tokens in these different YIELDEX? Lastly, briefly explain how the 6-10 constituents of each YIELDEX work?
Mr TEN (WILL NEVER DM YOU): Ok so the YIELDEX.
What is required is only having BUSD or BNB in your wallet, just enough to invest the amount you want. That’s all it is.
The YIELDEX provides for sufficient diversification while also providing you with the simplicity of being invested in De-Fi and earning high yields within seconds!
Yield farming is a long and annoying process, I think most can agree with this. It’s time consuming, especially when trying to invest into multiple LP’s.
Jonah 🏅🎹 | Satoshi Club: Yeah I agree and at times complex as well!
Mr TEN (WILL NEVER DM YOU): Every time you want to “yield farm” this is the process:
Buying each individual token, approve, supply the tokens for LP (this itself is annoying already)
Creating each LP for each
Moving to the yield farm or optimizer to deposit your LP’s
Withdrawing your LP’s, one by one
Going back to the AMM to unpair your LP
Then selling unwanted tokens you bought just to farm the LP
Repeat these steps if doing more farming
We did tests and each LP usually takes 5-8 minutes to pair/supply, so imagine doing 10 of these, that’s at least an hour. We reduced that to seconds.
Jonah 🏅🎹 | Satoshi Club: Yeah and some will even want to do more than that 😁
Mary | Satoshi Club: How?
Mr TEN (WILL NEVER DM YOU): Our lovely devs! hehe.
Mary | Satoshi Club: Clever guys 😉
Mr TEN (WILL NEVER DM YOU): Our YIELDEX has been audited by Peckshield. We never launch anything unless it’s audited or comes from audited code without any changes.
Jonah 🏅🎹 | Satoshi Club: Impressive 👏👏
Mr TEN (WILL NEVER DM YOU): Yes and to get a list of the tokens/YIELDEX vaults you can go here: https://app.ten.finance/yieldex
Mary | Satoshi Club: Do you plan to make audits regular? Hackers never sleep.
Mr TEN (WILL NEVER DM YOU): Yes, always. User security is the key to us.
Mary | Satoshi Club: I like this!
Mr TEN (WILL NEVER DM YOU): With regards to how it works for the constituents, we like to have a diversified portfolio in there so that users are able to reduce impermanent loss risk as well.
We’ll be introducing new YIELDEX vaults over the coming days with new partnerships being announced as well for these collaborations.
Mary | Satoshi Club: Impermanent loss it’s always a pain.
Mr TEN (WILL NEVER DM YOU): Yes, which is why the YIELDEX reduces your overall risk.
Mary | Satoshi Club: Wow 😀 When you will be ready to announce the news, don’t forget to share it with us 😀
Mr TEN (WILL NEVER DM YOU): Yes, we always try to be as loud as we can on social media. So we’ll be sure to share with our valued colleagues like the Satoshi Club.
Mary | Satoshi Club: Great! Thank you for your answers! Ready to go to the next question?🚀
Mr TEN (WILL NEVER DM YOU): Let’s do it.
Jonah 🏅🎹 | Satoshi Club: Here it is.
Q3 from Telegram user @Cheriemike:
You have provided another way for users to earn additional passive income through simply staking your TENFI tokens, which is known as the “TEN Lots”, which means a limited number of “lots’ available for $TENFI holders. There are three different tiers of “TEN Lots”, which are Bronze, Silver and Gold that users can claim as long as they have TENFI token in an LP. My question is, since these “TEN Lots” is available to holders of TENFI tokens providing additional revenue for them, how will the fees be generated? Will users be able to withdraw their tokens in each of the tiers daily or it has a time period for that? You also said that the TEN Lots create a mutually beneficial relationship between $TENFI holders and TEN Finance. Can you please explain how such relationship is build?
Mr TEN (WILL NEVER DM YOU): Ok great question and one that is dear to me because it creates a unique ecosystem within the TENFI universe as a whole.
The TEN Lots is a limited number of “lots” available for TENFI holders that will provide for them additional revenue stream through the deposit fees generated from the YIELDEX vaults and soon to be our upcoming TEN Lend platform.
The TEN Lots reward TENFI holders with additional BUSD or BNB as income as long as they hold their TEN Lots and have sufficient $TENFI according to the tier they claim.
While users of the YIELDEX benefit from the simplicity it offers them in regards to yield farming, the TEN Lots on the other hand, rewards TENFI token holders with additional revenue stream for holding our native token!
There are three tiers of TEN Lots, which can be claimed as long as you hold these tokens in an LP or our single token pool and is limited to 1 TEN Lot per wallet:
Tier 1–2,500 TENFI (Bronze)
Tier 2–50,000 TENFI (Silver)
Tier 3–250,000 TENFI (Gold)
There is a vesting period for the TEN Lots to be claimed.
Mary | Satoshi Club: What is current price of $TENFI?
Mr TEN (WILL NEVER DM YOU): We’re at about 10 cents, quite cheap lol.
Mary | Satoshi Club: So, only $250 and the lot is yours 😀
Mr TEN (WILL NEVER DM YOU): For a Bronze TEN Lot, yes. And there is limited number of TEN Lots available.
Mary | Satoshi Club: Cool 😀 So, users already can claim lots?
Jonah 🏅🎹 | Satoshi Club: Exciting, I’m sure Satoshi clubbers will want to claim lots too.
Mr TEN (WILL NEVER DM YOU): Yes, but first they must buy some $TENFI! hehe. Can’t have one without the other.
Jonah 🏅🎹 | Satoshi Club: Ha yeah 😁
Mary | Satoshi Club: Thank you for your answers, Mr.TEN! Ready to go to the next question?
Mr TEN (WILL NEVER DM YOU): Sure.
Q4 from Telegram user @Pavel_Jarosh:
While analysing emergency LP withdrawal process described meticulously in your whitepaper, we see an easy 4 step guided operation. However, there’s no additional information on the conditions when a user can withdraw LP tokens or the taxes that have to be paid in surplus. Could you provide more information on that as long as minimum term when a token must be kept before getting a right to withdraw in emergencies?
Mr TEN (WILL NEVER DM YOU): So this was done for our users as a way to provide all outlets for them if anything were to ever occur, so they didn’t need to go elsewhere.
It’s available for anyone and actually ANY project out there. Just follow the same steps we explained. There is no minimum timeframe to emergency withdraw. That function is available to everyone and anyone, as long as the code allows, which of course ours does. So this is done as a safety measure for our community and it is available as a guide to all users in De-Fi that are in other projects.
Jonah 🏅🎹 | Satoshi Club: It was a good decision including this.
Mr TEN (WILL NEVER DM YOU): Yeah, one that we’re confident that our users will never need to use.
Jonah 🏅🎹 | Satoshi Club: Haha, I like how confident you sound about this.
Mr TEN (WILL NEVER DM YOU): Hehe yeah, we feel very confident about our infrastructure.
Jonah 🏅🎹 | Satoshi Club: So the “emergency” in this case is dependent on the user?
Mr TEN (WILL NEVER DM YOU): Technically yes, but also if there’s ever an outage of the website or if there’s a hack. Some people freak out and think something is wrong and must withdraw.
Mary | Satoshi Club: Gotcha 👍 Thank you for the detailed answers!
Mr TEN (WILL NEVER DM YOU): Sometimes too detailed lol.
Jonah 🏅🎹 | Satoshi Club: Clarity is well needed 👍
Mary | Satoshi Club: Ready to jump to the next question? 🔥
Mr TEN (WILL NEVER DM YOU): Yep lets go!
Q5 from Telegram user @iceVermithraxx:
In reference to your roadmap Q4, TEN Future, there’s TENSure and TENLend design and ideation. Can you please elaborate on these two? When are we to expect these features, because there’s no date for the roadmap, Q4 to begin. And also on your possible cross-chain farming, why use the word possible? Is it not a sure project like TENLend and TENSue features?
Mr TEN (WILL NEVER DM YOU): Ok so TENLend is already in development and we should be ready to go live in a few weeks.
Here’s a sneak peak:
UI is done, we’re finalizing code/tokenomics and soon we’ll be ready to go live.
This is just a mock up FYI with regards to the data you see.
Jonah 🏅🎹 | Satoshi Club: I can already see about 7 tokens there.
Mr TEN (WILL NEVER DM YOU): That’s just a mock up hehe. We’ll have a full list of assets in the next week or so.
Jonah 🏅🎹 | Satoshi Club: That’s close already.
Mr TEN (WILL NEVER DM YOU): Yes very!
TENSure is something that we’re still running ideas on, and will come to it once TENLend is done.
Going multi-chain is a possibility, but also we need to understand that most of these are hyped, and thus not all will survive. We donÂt want to waste time and resources on going to every chain because it’s in “fashion”.
Mary | Satoshi Club: How many tokens will you have at the beginning?
Mr TEN (WILL NEVER DM YOU): Probably 8-10? Not sure yet.
And eventually this will lead to TENFI being used as collateral. Yes, one step at a time.
Mary | Satoshi Club: Thank you for your answers! Ready for the 6th and last question from this part?
Mr TEN (WILL NEVER DM YOU): Wow already?
Jonah 🏅🎹 | Satoshi Club: Yeah 😊
Mary | Satoshi Club: We have second part as well 😉
Mr TEN (WILL NEVER DM YOU): Time flies when you’re having fun!
Mary | Satoshi Club: Yes 🤣
Jonah 🏅🎹 | Satoshi Club: Alright here is the last question for this part.
Q6 from Telegram user @DK177:
You have scheduled an event called “Random Bonus Days to APR” to this quarter. I have never heard about this kind of feature. Could you please give a sneak peek of these random bonus days? Do you offer a higher APR on bonus days? Further, I noticed that the milestones scheduled for the third quarter are yet to be achieved. What is the reason for that delay? Do you assure that your team will work efficiently to achieve future goals?
Mr TEN (WILL NEVER DM YOU): Well for one, we actually achieved all of our milestones set forth for Q1-2-3 with the exception of LP4LP, which we put on backburner as we concentrated on other matters.
As far as random bonus days, that was an idea we had initially, which in theory is great, but in practice is not ideal when you have many vaults and a time lock to play with. Which doesn’t really become “random” and people can actually see what you’re doing on chain, so it wouldn’t be random and a “surprise” like we wanted to.
Regardless, we are very confident that our team has and will achieve all the roadmap objectives.
Mary | Satoshi Club: So, no surprises? 😉
Mr TEN (WILL NEVER DM YOU): I hate surprises.
Jonah 🏅🎹 | Satoshi Club: Surprises can be great too.
Mr TEN (WILL NEVER DM YOU): Sometimes.
Mary | Satoshi Club: We wish you to achieve everything you have planned!
Mr TEN (WILL NEVER DM YOU): Thank you for the kind words!
Mary | Satoshi Club: And now we came close to the next part of our AMA – live part! Mr TEN, let’s see how fast are your fingers 🤣 Ready?
Mr TEN (WILL NEVER DM YOU): Lol I’m old, my fingers can’t move as fast.
Mary | Satoshi Club: So, we will let our users ask questions and you will type as fast as possible with your fingers 🤣 Let’s go 🚀
Part 2 — live questions from the Telegram community
Q1 from Telegram user @hmdtadel:
What is this “YIELDEX” feature you mentioned in your website ? What does it do?
Mr TEN (WILL NEVER DM YOU): The YIELDEX is the future of yield farming.
It allows for one click diversification into multiple LP’s, which reduces your risk to impermanent loss via diversification and all you need is BUSD or BNB in your wallet.
Q2 from Telegram user @JasmineSha:
You said in one medium article that there is a limit of 1 TEN Lot per wallet. How do you know if one user has two wallets? Do you ask investors for KYC?
Mr TEN (WILL NEVER DM YOU): Well, wallets have individual unique addresses, so you can create multiple wallets on Metamask for example, and no KYC for users.
Q3 from Telegram user @iceVermithraxx:
Each YIELDEX will comprise of 5-8 LP tokens, from multiple AMM’s, allowing for diversification and simplicity while earning LP rewards along with TENFI reward tokens. SLP YIELDEX – Stable LPPLP YIELDEX – Premium LPHYLP YIELDEX – High Yield LP What are the difference between the SLP, LPPLP, and LPHYLP YIELDEX?
Mr TEN (WILL NEVER DM YOU): Well currently we actually have 4 YIELDEX vaults:
Biswap ALL STAR LP
Stable LP
High Yield
Premium
The difference is mainly in the composition of the vaults and the constituents. The names usually tell what it is. Premium contains BNB, CAKE, BTC, ETH etc. The high yield contains high yielding LPs. Stable contains of course stablecoin. And Biswap ALLSTAR are some of the best and most liquid LPs on Biswap.
Q4 from Telegram user @Cheriemike:
You have done a Learn and Earn campaign with BSC News, can you tell us more about this Learn and Earn campaign? What was the purpose of it? Will you also have any campaign soon so that we, from Satoshi Club, can also learn and earn?
Mr TEN (WILL NEVER DM YOU): Great question and this is something we will discuss with the team at Satoshi Club to do something similar!
The purpose was to mainly familiarize people with our platform and to get them used to simplicity. Seems like people love simplicity in theory but not in actual usage lol.
Q5 from Telegram user @Loveee_0007:
Can you list 3 killer features of your project that make it ahead of competitors? What are the competitive advantages that you feel most confident about?
Mr TEN (WILL NEVER DM YOU): YIELDEX, TEN Lots and our team!
With the YIELDEX we are the first to market, first in all of De-Fi in doing something that hasn’t been done yet and soon the world will find out.
TEN Lots gives more $ to our holders simply for staking their TENFI tokens.
And our team because, well, there are no clones of us just yet and that’s as unique as it can get. So we’re a collective group that is here to make sure that everything we set forth to do is accomplished and that we are able to contribute for our community to benefit.
Q6 from Telegram user @isabella_blackk:
Are there people behind YIELDEX or is it using an artificial intelligence system? Will YIELDEX offer us only one safe? Will you have crates that differ according to the fund?
Mr TEN (WILL NEVER DM YOU): Currently our team does the analysis and computations for constituents and so forth. While AI is great, I don’t fully trust it yet to handle user funds. AI can’t see fundamental issues/cracks with projects if we need to move things around.
We will be introducing additional YIELDEX vaults soon through partnerships/collaborations.
Q7 from Telegram user @meml97:
I saw that TEN Finance’s slogan is “Decentralized Finance, Simplified”, but sometimes when people talk about simplification it could mean lack of something, whether if it’s security, options or even opportunities. So, that being said, I was wondering, what does De-Fi simplified really means to you? How does TEN Finance achieve this simplified side of the decentralized finance without risking any other aspect of the project and what De-Fi can really offer to people? How do you make it possible to have a simplified De-Fi space while also providing every possible aspect of it and not neglecting other aspects at the same time?
Mr TEN (WILL NEVER DM YOU): Great question.
For us simplification comes down to making it seamless and easy for a user to interact with our platform.
One click zap into individual LP with TENZap, one click investing in multiple LPs with YIELDEX, one click buying $TENFI on our site.
Along with the ease of use we also feel that our UI is quite simple, clean, easy to understand and use, this being just as important for user experience.
And the fact that we take security very seriously, our users can rest being assured that we absolutely DID NOT cut corners to get to simplicity 🙂
Q8 from Telegram user @chinyere2020:
The name “TEN” looks like an abbreviation to me. Can you tell the full meaning if it is an abbreviation?
Mr TEN (WILL NEVER DM YOU): I’ll take this easy one.
TEN is obviously associated with 🔟, however it stands for Token Enrichment Network.
It goes with what we do as a platform, we “enrich” your tokens, whether it is your LP or your $TENFI, we add value to it, as the definition of “enrichment” states:
en·rich·ment /inˈriCHmənt,enˈriCHmənt/ noun 1. the action of improving or enhancing the quality or value of something. “enrichment of the soil for more plant growth” 2. the process of making someone wealthy or wealthier. “the policy was denounced as a means of enrichment of a small elite”
Q9 from Telegram user @Ishan1_7:
You mention that users would be able to get discounted loan rates. Can you tell us what the price range or value of such discounts will be, and what factors will influence it?
Mr TEN (WILL NEVER DM YOU): This is for the TENLend feature coming up.
While all the details are not yet finalized, what we can say is that TENFI holders will be able to earn additional revenue from TENLend platform revenue and thus, when supplying/borrowing assets they will get a discount/premium, meaning more $$$ for TENFI holders!
Q10 from Telegram user @Korryl:
Hello I just wonder where can we find information about the team from Ten Finance project? How about their experience with cryptocurrency? Is your team anonymous?
Mr TEN (WILL NEVER DM YOU): Who are the founders of TEN? And what are their backgrounds?
✴️ Mr. TEN ✅ Former Award-winning hedge fund manager ✅ Started his own firm which won several industrial awards ✅ Panelists for several industrial conferences ✅ 15 years of experience in managing fund in Wall Street ✅ Fund manager for several big institutional clients
✴️ Mr. A
✅ A tech-savant, with vision far outstretched his time
✅ Founding partner for one of the world earliest online video poker
✅ Ventured into age verification process in the early stage
✅ Worked on online tracking and logistic management software
✅ And also, a local music legend in his neighborhood that everyone loves!
✴️ Mr. D ✅ Veteran of traditional markets with proven experience in navigating around it ✅ Founded brokerage firm that provides online trading solutions within the FX, stocks and commodities ✅ Fintech enthusiast and investor ✅ His prolonged experience in financial institution shaped his belief in DeFi to be the future of Finance
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 CryptoBlades and our guests were @TheKroge, @NNewcomer, and @RiDx12 – representatives of CryptoBlade. The AMA took place on the 5th of November.
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
Gold Rocket | Satoshi Club: Greetings dear Satoshi Club ❤️ I really miss you all😁
We are pleased to announce our AMA with CryptoBlades
Our guests today are @TheKroge @NNewcomer @RiDx12
Hello and welcome to Satoshi Club, guys!😊
Nick | CryptoBlades: Yes, thank you for having us!
Gold Rocket | Satoshi Club: Nice to e-meet you ❤️
Gold Rocket | Satoshi Club:
How are you doing today ☺️
Nick | CryptoBlades: I’m doing fantastic. @TheKroge and I just got off a call with an interesting project and it always is nice to start off the day with a productive meeting. (It’s 10 AM my time).
Gold Rocket | Satoshi Club: It’s 17 PM my time😁 we are really excited about the upcoming AMA with you. by the way, will you be one speaker?
Andrés M. | Satoshi Club: Same time for me, where are you from?
Nick | CryptoBlades: @TheKroge should be on shortly. He might have been pulled into something real quick.
I’m located in the midwest of the United States. Illinois more specifically.
Andrés M. | Satoshi Club:
Btw, nice to meet you Nick😃
Nick | CryptoBlades: Likewise.
Andrés M. | Satoshi Club:
Please give us a short introduction about you!
Introduce yourself, please. How did you get to be involved in crypto & CryptoBlades?
Nick | CryptoBlades: Sure I’m happy to start and @TheKroge can hop in.
My name is Nick Newcomer and I am the COO for CryptoBlades. I’m a lifelong gamer, mainly RPGs, and a collector of sorts. Until this year I was a math and science teacher at a college prep school but have kept tabs on the crypto space because of my connection with Philip and his interest. In July, Philip offered me a position on the team and we have been working very closely since.
Gold Rocket | Satoshi Club:
I really like this tweet 😁 on your page.
Philip [Will Not DM First]: Hi everyone I’m here as well!
Gold Rocket | Satoshi Club: Hi Philip 😁 nice to e-meet you 😊 welcome to Satoshi Club
Nick | CryptoBlades: To give some context to this, the knight that is dancing is from CryptoBlades. This is a contest that is currently going on where users are able to submit a video of them dancing. Philip did his on Halloween in his costume. He is somewhat far away, but he is Edward Scissorhands. And yes, he does leave on a zipline.
Andrés M. | Satoshi Club: Great background btw, by we have several gamers in our group. So please tell us what is the essence of Cryptoblades?
Philip [Will Not DM First]: I can take this one!
Gold Rocket | Satoshi Club: Haha.. you funny guys! and I like you😁🔥
Philip [Will Not DM First]: CryptoBlades is an NFT-Crafting role-playing game where players can create powerful characters, level them up, fight enemies, participate in raids, and take part in our soon-to-be-released PvP. CryptoBlades Kingdoms is our Metaverse offering where we have a play to earn game mode, as well as an interoperable metaverse layer for any GameFi project to interact with their own NFTs
Gold Rocket | Satoshi Club:
Please tell us a bit about your team
Who is on the project team core?
Philip [Will Not DM First]: Our team is made up of myself, Philip Devine, Owner of Riveted Games. I started Riveted Games in 2014 and have released multiple award-winning games on multiple platforms, while also participating in the crypto community personally since 2014. Kyle is our lead open-source developer and leads a team of 10 developers working on a multitude of different projects within the CryptoBlades ecosystem, and coordinating with over 50 open source contributors at github.com/cryptoBlades Nick is our COO and manages our extensive list of partnerships, heads our Knighthood Program where we incubate other GameFi projects and coordinates our team to make sure all loose ends are tied up Aaron is our CMO and leads an extensive team of Social Media Managers which has so far granted us over 2,000,000 impressions per month on socials, and leads our marketing efforts for informing users about our products and partnerships Dan is our lead game designer and has been working with me since 2015 in the Game industry and is a game-design savant.
Nick | CryptoBlades: What was great, but also provided an early challenge was how quickly the project took off. Because of this we have been stretched and have now brought on some truly wonderful people to our team. I think it allows us to focus more on what we, individually, are great at and further elevate the project.
Gold Rocket | Satoshi Club: Real dream team👏👏👏
Thanks for a great introduction, we have several questions which were selected for the 1st part. Ready to start?
Q1 from Telegram User @Ajpaa Reading about the CryptoBlades project I noticed that you highlighted the release of V2.0 which will integrate features like Custom marketplace, Seasonal rewards, and Cross-chain Bridge… How will the custom marketplace work and what are its unique features? How will the seasonal rewards be deployed and what are the requirements to be eligible for these rewards? What are your plans for the Cross-chain Bridge? When should we be expecting this V2.0?
Philip [Will Not DM First]: The marketplace has been developed already and is one of the most heavily transacted marketplaces in the world with over 1,000,000 NFTs sold. The NFT and Token Bridges are both in active development, with our initial Token bridge working on WAX and BSC, and with our SKILL token is available on Polygon, Heco, OkexChain, and BSC. Our proprietary NFT bridge will bring our unique gaming NFTs to all of the above chains.
Gold Rocket | Satoshi Club: Wow! these are really great achievements👏👏👏
Nick | CryptoBlades: I can take part in this here too. Something that I am particularly excited about is our new marketplace. We are developing a program to help younger projects grow and support established projects. A part of this partnership will be to offer their tokens as rewards in CryptoBlades, which will increase token holders. We will also list their NFTs directly on our marketplace for users to spend their tokens.
Gold Rocket | Satoshi Club:
Please give us a link to your Marketplace
Nick | CryptoBlades: https://app.cryptoblades.io/#/market Something very cool right now is under the “Skill Shop” tab, users can purchase Lands for the upcoming CryptoBlades: Kingdoms using either SKILL or KING.
Gold Rocket | Satoshi Club:
It looks great🔥
Andrés M. | Satoshi Club: Amazing🥳
Gold Rocket | Satoshi Club: What’s your favorite feature? 😁
Nick | CryptoBlades: Of the market specifically? I find myself taking a look at the “Browse NFTs” tab longer than I would like to admit searching for swords that I feel are being sold under their value.
Philip [Will Not DM First]:
Raids are a really unique feature that acts as an NFT lottery in a way, where
players stake their NFTs and can win multiple kinds of rare NFTs just for
staking. These NFTs can be traded with other players, utilized as power-ups in
the future, and even drop the ultra-powerful 5-star cryptoblades, which offer
the most play-to-earn rewards
Gold Rocket | Satoshi Club: And it’s very tempting 🤩🤩🤩
Andrés M. | Satoshi Club:
Thanks for the great answers, let’s go with the second question or do you want
to add something else?
Nick | CryptoBlades: I was just going to add on to what Philip mentioned. Overall, I think raids are really fun within CryptoBlades, but I’m really looking forward to some features that are on the horizon.
Gold Rocket | Satoshi Club: Absolutely agree with you😊⚔️😊
Andrés M. | Satoshi Club: As a gamer, definitely I have to play it 😁
Q2 from Telegram User @JesusFre1tes Your game model allows me to create powerful NFT weapons and characters to defeat my enemies or trade them in your exclusive marketplace. This is really cool, but we have seen experiences from other projects where the overproduction of NFT leads to a devaluation and depreciation of them. My question is, how will CryptoBlades control this? What methods will they use to keep NFT production from outstripping demand? As with other tokens, will these NFTs have a certain shelf life that allows them to be burned in the short or long term?
Philip [Will Not DM First]: We have a unique NFT Burning system where you can combine the power of NFTs to upgrade them into one massively powerful NFT. We also are implementing Character Burning which will act in the same way to make a single character more powerful, which also, in turn, reduces the gas required to play the game. Finally, the utility is in their play-to-earn potential as well as interoperability with our metaverse, and other partnered metaverses.
Nick | CryptoBlades: This is a really great question. One thing that is active right now is the ability to make “dust”. And dust is really cool because it is created by taking weapon NFTs and burning them. You can then use the dust to increase the power of one of your other swords.
Gold Rocket | Satoshi Club:
Oh yeah… The Metaverse is a crypto trend today. And I love that you did it
before it was mainstream.😁
Nick | CryptoBlades: Yes! Interoperability is a huge push right now for our team. How can we increase the utility and value of our NFTs not only within CryptoBlades but within other partnered projects as well? This is very exciting for us.
Andrés M. | Satoshi Club: Talking about burning, have you any deflationary strategy for your supply of tokens? Burning token event for example
Philip [Will Not DM First]: Our token does not have burn events, and instead, we recycle them into our rewards pool. So 100% of the income we make in SKILL goes back to our rewards pool!
Gold Rocket | Satoshi Club: Great system.
Andrés M. | Satoshi Club: Another great reason to invest in $KING 😎
Q3 from Telegram User @Cheriemike On your website, you only have the numbers of those CrytoBlades has partnerships with, which is 16 partnerships. So can we get to know those you have collaborated with to enhance the growth of your project? So far how have they supported your project in terms of becoming the best amongst other platforms? What skills/techniques have they all brought to your platform to make it an enjoyable one for users? I also noticed you had a partnership with Chainlink, knowing that Chainlink is an oracle network. What role will they play on your platform? Are you also in talks to have more partnerships? Please Explain Thanks
Philip [Will Not DM First]: We have a variety of partners that assist us in: Advisory and strategy Marketing support and user acquisition Play-To-Earn strategy Networking and Business Development Technology and Infrastructure support Funding for large projects such as our Metaverse
All of which came
together to help us launch 2 tokens successfully, continue innovating in the
blockchain gaming and metaverse space, and drive a healthy community to our
project. And there’s more to come!
Andrés M. | Satoshi Club: Could you tell us about the main use cases of those tokens?
Nick | CryptoBlades: I can take part in this question too. We might only have 16 partners listed, but I feel like we have been connected with at least a hundred different groups. Some of our close partners we meet with about weekly to discuss strategy and marketing. We also bounce ideas off of each other. Many times too, different partners are working with projects and they make an introduction. If it is a good fit, which most of the time it is, we work out some type of collaboration. Our partners are invaluable to us and we are incredibly lucky to be connected with such amazing people.
Andrés M. | Satoshi Club: Congratulations, partnerships make projects become stronger, and we are happy to be part of your marketing partners, it is a great honor for our community.💪
Philip [Will Not DM First]: KING is the native token that drives our Metaverse offerings while SKILL drives the CryptoBlades ecosystem and services we offer there. SKILL is specifically used for purchasing NFTs, participating in our Marketplace, buying power-ups and cosmetics, and upgrading NFTS. KING is collected from resources within our metaverse and is used to reward players in CryptoBlades Kingdoms
Andrés M. | Satoshi Club: Thanks for the clarification!
Gold Rocket | Satoshi Club: Thanks for clarifying😊 let’s proceed to the next question if you don’t mind🚀
Q4 from Telegram User @kimzyemma In the gameplay, you stated the four different elements which are FIRE, EARTH, LIGHTNING, and WATER. Going through the functions of these elements I found out that they also possess two different types which explanations about them are not given, can you enlighten us more about the functions of each element? Can users choose their favorite elements or element of the character that will be assigned at random? Before entering combat, how can we mint weapons?
Philip [Will Not DM First]: Weapons are minted in the Blacksmith after you Recruit your first character from the Plaza. The elements synergize so an EARTH weapon will synergize with an EARTH character and be more effective against LIGHTNING monsters, but weak against FIRE enemies. The idea is to collect a powerful CryptoBlade with the same trait as your character to double up the bonuses.
Andrés M. | Satoshi Club: Could you share images of the live game? Let us check those amazing graphics😃
Nick | CryptoBlades: There are 4 different elements for both characters and weapons. Weapons, however, have an unaligned option too. Within the game, there is a system where if you fight with a water character and a water weapon, there is an advantage over a fire enemy. Fire < Water < Lightning < Land <Fire
You are able to create a new character that is a random element, but what I would suggest doing is taking a look at the marketplace and picking up a character that has already been leveled up a little bit, and find 4 that are all the same element. When crafting a new blade it is typically random, but there is an option to select your desired element for a little extra. Again, I would suggest taking a look through the market at listed weapons too.
Philip [Will Not DM First]: Here is my personal inventory of blades, highlighting my 5-star blades:
Nick | CryptoBlades: Here is the current raid that is taking place as well as the Skill Shop within our market.
Andrés M. | Satoshi Club: Amazing designs, would be great to have a physical version of them for collectors.
Philip [Will Not DM First]: And while CryptoBlades Kingdoms is in development, you can also see concepts here at cryptobladeskingdoms.io
Andrés M. | Satoshi Club: Excellent system and playability, congratulations for your team, you have everything well planned👏
Nick | CryptoBlades: That is an interesting idea. It would be cool to offer in the future as part of a limited collection or something.
Andrés M. | Satoshi Club: What is the inspiration behind the designs? Maybe World of Warcraft or age of empires?
Completely agree, I think physical NFTs are the next step of the market.
Philip [Will Not DM First]:
Definitely Diablo-esque as well as high-fantasy!
Gold Rocket | Satoshi Club:
Thanks for your great answers 😃 ready to proceed to the next question?
Andrés M. | Satoshi Club: Great game as well, one of the most popular ever
I think everything is very clear, time to proceed😁🥳
Q5 from Telegram User @Orlemys I read about something called staKING or king staking on your telegram group. It seems that it is a feature you will release in the future. Tell us more about it. What is it about? Why has it taken so long to release it? Do you have a set date? Will it be better than taking on the LP? If so, how?
Nick | CryptoBlades:
I’m sorry I got disconnected there for a bit.
I’m wondering if the same happened to Philip.
Andrés M. | Satoshi Club: Don’t worry, take your time
Gold Rocket | Satoshi Club: Do not hurry. You are our guests and we want you to present your project as best as possible.😊
Nick | CryptoBlades: In regards to the KING, staking goes, that is something that @TheKroge has taken on and I haven’t had too many dealings with it. I can confirm that it is something to be released soon and there will be an incentive to drive users to do so.
Nick | CryptoBlades:
Perhaps we can move on to the next part of the AMA while Philip works to
reconnect.
Andrés M. | Satoshi Club: That’s a great feature of the projects, usually staking is the best option for long-term holders.
Andrés M. | Satoshi Club: You’re the boss😁
Gold Rocket | Satoshi Club: Ok. Let’s proceed😊 @AndresM77
Q6 from Telegram User @Pavel_Jarosh The idea of Combat is that a player can select the combatant (among 4 enemy combatants) that they want their character to face off against. The selection will be based on different criteria however it is not described which characters are stronger or weaker than the other ones. Should the selection be done randomly not knowing which character has more chances for a win? How does the engine reacts when 2 identical characters with identical weapons meet each other? Does the gameplay suppose to use strategy and tactics to win? Thank you!
Nick | CryptoBlades: We also have just completed the lands sale for the follow-up to CryptoBlades, CryptoBlades: Kingdoms. There is a staking mechanism for the NFT lands themselves that is also in the works. We are hoping to release it soon and start rewarding those who believe in CryptoBlades: Kingdoms so early on.
Andrés M. | Satoshi Club: Thanks, we will be waiting for news about that!
Nick | CryptoBlades: I would like to say that these have all been fantastic questions so far and want to thank everyone for being here and being a part of it. I’m truly looking forward to reading and answering the community questions now!
Philip [Will Not DM First]:
Likewise!
Andrés M. | Satoshi Club: Anything else to add about this question before proceeding with the second part?
Philip [Will Not DM First]: This is explained on the combat page and also through the Likelihood of victory. We also have tutorials on our YouTube for combat!
Part 2 — live questions from the Telegram community
Q1 from Telegram user @MKS4750 The 2022 year will be extraordinary for METAVERSE projects. Are You going to create CryptoBlades Metaverse? How do You imagine it?
Nick | CryptoBlades: Metaverse is something that is VERY hot right now. From very early on we have been focused on providing utility to NFTs within our project and others. I don’t want to say too much here, but we have some big plans for interoperability and a metaverse spin for CryptoBlades.
Q2 from Telegram user @Einsteinyl I see that CryptoBlades Kingdoms also have NFT Land, can you explain what is Land use for? And where we possible to get NFT Land?
Philip [Will Not DM First]: You can buy land at app.cryptoblades.io/#market under SKILL SHOP and you can purchase them with SKILL or KING. The lands drive our Metaverse where CryptoBlades Kingdoms is played as well as hosting and adding a new way to experience your existing NFTs in 3D within a AAA gaming experience.
We are already the first movers in the Metaverse space and have more utility to add in the near future!
Q3 from Telegram user @Nhairym How the CryptoBlaste Kingdom differs from Clash of Clans, what is the character with which it can overcome it, what have been the difficulties to be able to create immersive games with AAA quality in the space of cryptocurrencies, why the need to create 2 tokens, how are $ SKILL and $ KING different, plan to add new tokens, CryptoBlades is one of the largest crypto communities in the world, what are your expectations about the decentralized system and crypto culture in the long term?
Philip [Will Not DM First]: The KING token has reflection to PERMANENTLY power rewards on its own, already generating 1.5MM in rewards which we are happy to announce will be distributed for staking land NFTs!
Q4 from Telegram user @Kaitlyn_meher Can you explain to us more why should we invest in your project and have you done any partnership and raised funds from strategic investors?
Philip [Will Not DM First]: We are the #1 most well funded and experienced game in the crypto space, having already raised over $15MM to create the best Metaverse experience the crypto world has ever seen.
Q5 from Telegram user @Shershah412 There are many New Crypto Users who do not aware of Connecting and Integrating the METAMASK WALLET, Is there any Tutorial available which guides them about it?
Nick | CryptoBlades: This is a big issue in the space, no doubt about it. There are those who have put in the time and effort, like yourselves, to become knowledgeable and understand the crypto space. Others feel overwhelmed, are hesitant to join, and are often presented with some barriers to entry. We are actively working to make it easier to understand how to play our game and get started. We have a “Getting Started” page https://cryptoblades.gitbook.io/wiki/getting-started, have a YouTube series for tutorials https://www.youtube.com/c/CryptoBlades, and have made obtaining SKILL and BNB as easy as possible on the site.
Q6 from Telegram user @isabella_blackk What do you think is the reason for the success of CryptoBlades so far? Are communities important for CryptoBlades, do you consider community feedback in your project?
Philip [Will Not DM First]: We have the most active development team in any game community. When buying into any p2e ask yourself: why is the team not public? Why are they not in the chat communicating daily with everyday players and investors?
The answer is they are not taking any risk or putting skin in the game so they can make a quick exit. Meanwhile, our team is fully transparent, doing stream sessions multiple times per week with the community, answering questions, and supporting the project and investors we love.
Q7 from Telegram user @Sins666999 What is your target token value on King or Skill even just your rough estimate will do?
Philip [Will Not DM First]: SKILL $1000 KING $2
Our fundraising has just finished and the funds are being deployed as we speak for marketing and development.
Q8 from Telegram user @Silica432 Every Project possesses Some Unique feature That makes it above the other platforms, Can you tell me Some specialty of the Cryptoblades?
Philip [Will Not DM First]: We are the only Metaverse project with play to earn as well as true NFT interoperability with any NFT that wants to be integrated.
Q9 from Telegram user @dondetect I checked your website and see that CryptoBlades is really nicely designed and built project and my question is what is your most recent project right now?
Nick | CryptoBlades: I appreciate you saying that. We are very happy with how our site is designed and our project. However, we CANNOT wait until the new design is complete. If the current site is a 7/10, then the update is an 11/10. It looks amazing. Here is just a taste: https://drive.google.com/file/d/1bqp7RZjE9pm-gIo_yCMin6NLzG0E58xw/view?usp=sharing
To answer your question, however, CryptoBlades: Kingdoms is the big project we are developing right now. CryptoBlades itself is still getting lots of love and we have some really cool things coming up, but yeah CBK is going to be epic.
Q10 from Telegram user @Gutike95 You point out that “Level up your kingdom to increase the resources and production of KING”, but how can I really level up? Will it be through fulfilling certain daily missions? or will they have many more ways to do it?
Philip [Will Not DM First]: Multiple ways, through raids, dungeons, PvP, guild and guild battles, exploration, and upgrading.
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Kart Racing Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Kart Racing
For more details:
Kart Racing Website – kartracingleague.com
Kart Racing Telegram – @kartracingleague
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
PART 1. Introduction of Omniverse project and community questions.
Hello, Satoshi clubbers and guests of this site. Let’s talk today about Omniverse crypto project.
The Omniverse aims to bring P2E games at its full potential by reducing gas fees at the minimum or none at all. The Omniverse also aims to have an NFT market place where artists from all over the globe can mint their creations and sell it at our galleries with low charges. Omniverse aims to expand in the near future to be a pioneer and the pinnacle of the blockchain entertainment industry starting with television and music.
Hello @omnifounder @omnicakes welcome to satoshi club guys!
Àrni björnsson | will not dm you first:
Hello!
D| satoshi club:
👋 how are you doing?
Àrni björnsson | will not dm you first:
We are doing great!
D| satoshi club:
Awesome, awesome 😊 Are you ready to begin our ama session? 😉
Àrni björnsson | will not dm you first:
Yes we are!
D| satoshi club:
So, let’s begin! As always, we are starting from little intro. So please tell us about yourselves guys, and introduce your project as well
Àrni björnsson | will not dm you first:
Hi i am fatkid one of the devs from omniverse, i started in cryptocurrency way back 2015.
Omniverse is a multimedia NFT platform where you have games, NFT art, NFT marketplace and a lot of multimedia features coming in the future
D| satoshi club:
Sounds ambitious 👍
Àrni björnsson | will not dm you first:
Yes it is very ambitious but it is really possible
Jonah 🏅🎹 | satoshi club:
Yeah.. And attractive
Àrni björnsson | will not dm you first:
We already have 1 game to deploy and two more games soon within the year
D| satoshi club:
Nice! Btw what will be the other features except these – can you describe briefly?
Àrni björnsson | will not dm you first:
The objective of omniverse is to be the top entertainment platform in the blockchain. We are like disney but in crypto. We will be having exclusive video and music content only available in the omniverse. Its like Netflix, YouTube, spotify and itunes all in one platform.
The multimedia platform will be launched between q4 of 2022-q2 of 2023
Jonah 🏅🎹 | satoshi club:
Wow that’s huge
D| satoshi club:
Wish you good luck to bring all of these to live! And as i know you are team of four? Can you tell us more about the other members of team?
Pu$$ifer omniforce will not dm you first:
Our founders are Fatkid, Eagleman, Bossmann and Yourhighness.
D| satoshi club:
Long term goals, i like it 👌 Gotcha! So, team is anon, at the moment?
Àrni björnsson | will not dm you first:
Yes, we are anonymous at the moment due to restrictions from the government of our domicile country.
Pu$$ifer omniforce will not dm you first:
Me pu$$ifer and omnibrat are in charge for omniverse marketing.
Jonah 🏅🎹 | satoshi club:
What country are you from?
Àrni björnsson | will not dm you first:
We are from the Philippines. But we can be doxxed, just request a video call meeting from the team and we will gladly cater your wishes
D| satoshi club:
Nice! Got it guys 👍
Àrni björnsson | will not dm you first:
Right now we have a lineup of 3 games that we will launch on our platform and also an NFT marketplace for all NFTs under the binance smart chain for now. Sooner or later we will be expanding to a multichain platform
D| satoshi club:
Cool!
Jonah 🏅🎹 | satoshi club:
Oh nice.. 👍
Phoveou$ omniforce will not dm you first:
Hi guys! I am omnibrat, marketing head of omniverse. I am the one responsible for the campaigns happening in our social channels 😊
D| satoshi club:
We are welcoming you in satoshi club 😊
Deb:
Hello guys. I am one of the programmers of this project. Nice to meet you all 🙂
Phoveou$ omniforce will not dm you first:
Thank you 🙏
D| satoshi club:
Nice to meet you too! 🙌
Jonah 🏅🎹 | satoshi club:
Welcome guys 😁
D| satoshi club:
Thank you guys! Would you like to add anything else to your intro, or we can star with community questions? 😉
Àrni björnsson | will not dm you first:
You can start with a few questions now and later on we will show pictures and clips of our game
D| satoshi club:
Let’s gooo
Preselected questions about the Omniverse DeFi project.
Jonah 🏅🎹 | satoshi club:
Q1 from telegram user @meml97
It caught my attention that one of the objectives of omniverse is to be gaming platform among many other things, and when it comes to the games we will be able to play, there is one that we can already see on your platform called omni legendz, which from what i can see will feature the most iconic shonen jump characters from the anime industry, such as naruto, goku, ichigo, luffy, etc. So, that being said can you tell us more about this game and what will it’s plot be? What will users be able to do in this game and how can they have NFTs from their favorite anime characters? Also, speaking of this gaming side of omniverse, where will we be able to play omni legendz and your other future games? Will we be able to play them from our phones or will they just be available for pc?
Àrni björnsson | will not dm you first:
Can we do a video call for this so that @duyaaDeb can share his screen and show you how the game works?
D| satoshi club:
I’m afraid is not possible right now, but you can share images or screens in the chat 😊
Deb:
Àrni björnsson | will not dm you first:
Ok so this is the home screen for our game omni legends. Users who wants to play the game would need to create an account first at www.oneomniverse.com
D| satoshi club:
In what genre your game will be?
Àrni björnsson | will not dm you first:
Once they have created an account, they can log in to the game. Omni legends is a gacha card game where users will buy and collect cards to play the game
D| satoshi club:
See, have you connected a wallet first.
Àrni björnsson | will not dm you first:
Nope
Àrni björnsson | will not dm you first:
Only the owner of the account can connect to the wallet. Owners of the account can let other people play their account by giving them their login details. But only the owner can access parta of the game where you need to connect your wallet
Jonah 🏅🎹 | satoshi club:
How many cards are there all together?
Àrni björnsson | will not dm you first:
And also, before you connect the wallet there be a 2fa prompt for the system to identify you as the owner. There would be around 60 playable cards for the first season of omni legends.
Àrni björnsson | will not dm you first:
Now once you have created an account. You may now buy at the item shop using oca$h. Oca$h is needed for you to buy a mystery card
Àrni björnsson | will not dm you first:
Once you have bought a mystery card you need 5-time shard to summon a legend
D| satoshi club:
Oca$h is the name of your token?
Pu$$ifer omniforce will not dm you first:
Yes
Àrni björnsson | will not dm you first:
These are the examples of legends that can be summoned. For the episode 1 of omni legend we will be releasing 6 types of character. Of those 6 type only 37500 can be minted
Those 6 types are:
C – common
Uc – uncommon
R – rare
Vr – very rare
Sr – super rare
Sr+ – super rare plus
If all of the 37500 card form episode 1 are sold out you can not buy that again from the item shop. You can only buy it from other users who bought the card
Jonah 🏅🎹 | satoshi club:
Oh, so users have to act fast
Àrni björnsson | will not dm you first:
Yes
Àrni björnsson | will not dm you first:
This will be our PVE
Omni legends will be having a lot of modes to choose from like any other gacha games
We will be having:
Pve
Pvp
Guild
Guild boss
| satoshi club:
I assume players won’t be bored with your game 😄
Jonah 🏅🎹 | satoshi club:
Yeah, i agree there are lots of exciting features
Àrni björnsson | will not dm you first:
It is called trials of time
Every episode consists of 10 stages. You cannot move on to the next stage unless you defeat the earlier stage. For trials of time you need to select a legend for the battle. Every legend have limited amount of energy.
For episode 1 you need to spend around 5-6 energy for normal mode depending on the stage
Your legend will replenish 1 energy every 10 minutes. As you can see here on the left side we have a user level. That is the level of your account. The user level will affect the maximum energy allowed per legend.
D| satoshi club:
👍 appreciate for the detailed answers! Ready to proceed to the next question?
Àrni björnsson | will not dm you first:
The base maximum energy for a legend will increase by 1 per user level so for example if your user level is 20 then tue maximum energy for your legend would be 70. Yes ready
Jonah 🏅🎹 | satoshi club:
Q2 from telegram user @ajpaa
Bridging the gap in the art community by helping and educating the community on the benefits of NFTs and the transition from physical art to digital art is one of omniverse goal i’m excited about… thus offering a service where artists can transform their physical art to NFTs. How can talented artist with physical art access this education? Can you tell us more about this education program? What are the requirements for artist to transform their physical art to NFTs on your platform and what advantages does your platform offer such artist?
Àrni björnsson | will not dm you first:
Great question
Before i answer that question i would like to show first our concept layout for our NFT marketplace where artist can showcase their talents
D| satoshi club:
👍 NFT market will be fully workable in this year?
Àrni björnsson | will not dm you first:
Yes. So, for the question. Bridging physical art will be a part or our update of our marketplace early 2022. We will help and educate artist by teaching them the technology like 3d scanners to digitalized they’re our. We can also offer our services and digitalized their art for them.
But for the early features of our NFT marketplace, these are the available feature
Buy and sell
Auction
Escrow
Our marketplace will be accepting all kinds of NFTs under erc 721 for now. So, if you want added security to sell an NFT from another game under binance smart chain, you can use our escrow feature.
Jonah 🏅🎹 | satoshi club:
👍 great
D| satoshi club:
That will be very helpful for users 🚀 Thank for the answer! We will proceed to the next question
Àrni björnsson | will not dm you first:
Great!
D| satoshi club:
Q3 from telegram user @jodasf
I understand that the omniverse token, still does not have an established name and that this will be given on the day of the presale, could you tell us a little of the reasons why they decided to reveal the name until the day of the presale, on the other hand, tell us a little about the utilities that will offer through this, for example, if by owning it we will have governance rights or the possibility to generate passive income, either through staking or by keeping it in the wallet, and finally, tell us about the distribution and tokenomics in general, especially how you will ensure that every % of the token allocation is used in a fair and transparent way?
D| satoshi club:
Now we know the name of token 😁
Jonah 🏅🎹 | satoshi club:
Yeah
Àrni björnsson | will not dm you first:
For question 3, we did not disclose tue name of the token right away to avoid imitations, as you can see on our community there are people who takes advantage of the situation especially on new tokens who are about to launch. Some groups copies the name and the tokenomics of the token so that users would buy the wrong token. It happens all the time and we want to avoid users who wants to buy our token from buying a fake token that would cause to lose their money.
D| satoshi club:
Yeah, scam like that a vastly popular in crypto
Jonah 🏅🎹 | satoshi club:
It was a great choice to protect those interested in your project
Àrni björnsson | will not dm you first:
For passive income, we currently studying if we are going to do staking but most likely we will especially that we are accepting other games to launch on our platform
Staking would probably effective when that happens, for example if you want to play a game that we are hosting, you meed to stake first for you to be able to play that game
D| satoshi club:
Makes sense
Àrni björnsson | will not dm you first:
But like i said we are currently studying staking because as you can see oca$h is very limited with only 10,000,000 supply amd has no minting function. So 10,000,000 and thats it nothing more and probably lesser. Now for the tokenomics.
10% is for private sale
15% is for the presale
25% for the liquidity pool
2% for airdrop
5% marketing
5% dev (locked)
8% expansion (6% locked)
30% community and reward pool
11% of our tokens are already locked as of the moment. It was locked already since we being audited by Certik
https://www.certik.org/projects/omniverse
Pu$$ifer omniforce will not dm you first:
May we ask your group to please vote for us in the certik website. Thanks 🥺
D| satoshi club:
You chose a top firm for this 👀 👍
Jonah 🏅🎹 | satoshi club:
Sure…
Àrni björnsson | will not dm you first:
Now for the assurance that it will be used fairly, like i said that we are being audited by certik and they suggested that we use multisif wallet and we will do so
D| satoshi club:
So Satoshi clubbers please do 👍 Nice! Thanks for answers! Ready proceed to the next question?
Àrni björnsson | will not dm you first:
Yessir
Jonah 🏅🎹 | satoshi club:
Q4 from telegram user @sanomario
The omniverse will see a pre-sale of the token soon. What is the minimum amount we must have to be able to buy the token’? How many tokens are allocated for the opening? When you mention that there will be a pre-sale, what is the minimum amount to buy tokens? 90% of the total pre-sale allocation will go directly to the liquidity fund, 10% will go directly to the liquidity fund, and 10% will go to the liquidity fund? Where does the remaining 10% go? What is the benefit for us if we buy the xxx token? Will the token also have a decentralized autonomous organization in the future? Decentralized autonomous organization in the future depending on the progression of the blockchain community?
Àrni björnsson | will not dm you first:
I really like the questions. For the presale we will be selling 1,500,468 oca$h and the minimum is 0.1 BNB with the maximum of 2.5 BNB. 90% will automatically go to the DEX which is pancakeswap. The 10% will go to the project. Actually we want to do 100% for liquidity.
But if you are familiar with unicrypt, when we tried to set that 100% goes to liquidity there is a prompt that it is not advisable for 100% liquidity because it says there that some of the money needs to go to the project, you can try it, the maximun is 90% without warning
D| satoshi club:
Gotcha. Interesting little fact 😄
Do you have any token vesting schedule? Or all tokens will be unlocked right after listing on pancake?
Àrni björnsson | will not dm you first:
We will be using unicrypt for the presale so once the liquidity is added to the pool at pancakswap all of the presale tokens will be distributed, its an automatic feature so rest assured that all 90% of the money from presale will be added to pancakeswap by unicrypt not by us
D| satoshi club:
Thank you for answers!
Q5 from telegram user @highpee
Your roadmap is divided into 4 stages. However i noticed that in all the stages, some of the planned events such as launching of NFT gallery, ominilegend episode launch and launch of omni media are reoccurring in all the stages. Are these repeating events going to be relaunch after it was launch in previous stages or are they going to be different versions of the same product? In addition, i saw that you plan to launch omniverse app at a later stage in your roadmap. Can you describe the features of the planned omniverse app or will it be a general purpose app that can be used to do almost everything in crypto just like the name omniverse?
Àrni björnsson | will not dm you first:
Ow. Maybe there is a miscommunication because there is an r&d part there. So, for omni legends. As you can see we have 5 episode. So there would be weekly updates for 5-6 months for omni legends. Before it goes to an app
Currently omni legends is a browser game but it doesn’t look like home and we made sure of that. So, for the gallery there are special events every quarter same as in real life. So, people won’t get bored. We treat our platform like a business in real life with constant updates and renovations
D| satoshi club:
Thank you! Now it’s a time for the last question in this part. After this one, we will open chat for community questions 😃
Q6 from telegram user @asela1112
Currently, omniverse have not announced any kind of partnerships with high potential platforms. Why is that? Are any negotiations ongoing at the moment? However, you promised to build some partnerships to the omniverse community in stage 4 according to the roadmap. Can you give details about the upcoming collaborations in omniverse ecosystem, at least give us a hint? Tell us, how will you use the partnerships to climb up the omniverse goals?
Interesting question…
Àrni björnsson | will not dm you first:
Yes, very interesting. It is like this, right now we under a radar and we are currently making a name in the industry.
We want to do the process slowly but surely because and also we prefer small groups who are just emerging rather than big names who wants to take control of you
D| satoshi club:
That’s reasonable
Àrni björnsson | will not dm you first:
I am not saying that we don’t want to partner with big groups, who doesn’t want that right?
D| satoshi club:
Haha yep
Àrni björnsson | will not dm you first:
But we prefer groups like us who are ambitious and has the same goals like us but if some groups offered us a partnerships we might consider it as long as it is a healthy partnership that would help us in our goals
D| satoshi club:
I hope you will eventually reach that peak when big projects will be seeking for collaboration with you 😉
Well said 👍
Jonah 🏅🎹 | satoshi club:
Great.. 👍
Àrni björnsson | will not dm you first:
And also like our take from our NFT art where we want to transform phyaical to digital art, we also want partnerships from the real world who wanta to transition to the digital worls becuase right now that is the trend
So if you think you are like us who thinks big and want to prosper in this community please feel free to message us directly for partnerships, contact @omnicakes @omnifounder
D| satoshi club:
@omnifounder @omnicakes @omnibrat @duyaaDeb big thank you all of you for the great first part! Now we opening chat for community questions 😃
Àrni björnsson | will not dm you first:
And also, Before you open the chat, I would like to show you a clip for our upcoming 2nd games hopefully by the end of this year
This is a Satoshi club exclusive. You guys are the first to see this
D| satoshi club:
Looks fantastic. Reminds me new zelda games
@jonahapagu let’s go OPEN the chat!
PART 2.Questions about the Omniverse project from the live chat of the telegram community.
In this part, we open a chat for the crypto community for 120 seconds. Then the guests from the Omniverse crypto project choose the top 10 questions. The 10 crypto enthusiasts have earned cryptocurrency in the sum of 100$.
Q – 1 from a telegram user @Nonerlike
Different Project has lots of marketing strategies but how will you make it success? Do you have any plan to work with influencers?
Pu$$ifer OMNIFORCE will not DM you :
As of the moment we are currently partnered with some of the local influencers/groups from vietnam and the Philippines. we will also tap other international influencers as we progress. If you have suggestions please dm me on our Omniverse group.
Q – 2 from a telegram user @ronaldo_super
After reading the twitter page and your website I’ve seen that there are many people really curious about your project but it was all English so do you have any plans to create local communities for Omniverse?
Phoveou$ OMNIFORCE will not DM :
we actually have other local communities: Vietnam, Philippines, China, Canada and India
Q – 3 from a telegram user @Kushal85127939
What kind of Videos & Music will be avaliable on Omniverse platform? How you guys are approaching the Already captured market share by Netflix, Youtube which are very huge company as per marketcap?
Àrni Björnsson | Will not DM you first:
Our Multimedia Platform will have much greater compensation than the main streaming platforms and also the compensation would go directly to the wallets of the content creators via smart contract
Q – 4 from a telegram user @Rakshhitx5
You have written on your website that you will hire soon so can you tell me what type of Job it will be?
Pu$$ifer OMNIFORCE will not DM you :
we are currently hiring community moderators that will help us maintain and bring investors on our channels, moderators that are available around 2200h UTC to 1000h UTC are welcomed to apply just send me a dm so we can discuss.
Q – 5 from a telegram user @vedamatrix
Probably investors like me thinking about if your smart contract is secure or not because recently defi projects has been hacked while exploiting the smart contract so how can I be sure Omniverse is secure?
Pu$$ifer OMNIFORCE will not DM you first:
That’s why we chose the Top security audit firm which is Certik to prevent this kind of security problems.
Q – 6 from a telegram user @Wong2008
In the whitepaper you montion a very important point which is “The major problem is that token is for single purpose only. When the player loses interest in the game, the token that was intended for that purpose, loses value also” Can you tell us about your plans to solve this problem?
Àrni Björnsson | Will not DM you first:
Yes, this is the Major Problem that we will solve because as you can see all of the NFT games out there and their tokens has only one purpose so if the game dies the token dies as well, but in Omniverse you have a lot of games to choose from, if you have a lot of games you will also attract different types of gamers but also remeber that our token is not used for games so there you go , multi function token for a multi function platform
Q – 7 from a telegram user @Cheriemike
Since your roadmap is in stages and not quaterly or monthly,i can’t really tell if you have already conducted you presale.So have your presale been conducted or its still under process?Please provide detailed information about it. Thanks?
Pu$$ifer OMNIFORCE will not DM you first:
We will conduct our Presale soon around Mid November . please follow us on our channel to be updated on our news and announcements. I hope you can participate and share it with your friends.
Q – 8 from a telegram user @Rinkus987
I Found that OMNIVERSE STICKER COMPETITON Is Live , I am Very Excited for that And Also wants to Participate in this Competition , Can you please tell me How Can I participate and What is the Prizes for the Winner?
Phoveou$ OMNIFORCE will not DM YOU FIRST:
You can reply to the campaign /post in @oneomniverse Twitter with your entry. The prizes would be : 1st prize: FOUNDER NFT (very limited NFT to be used in Omnilegends) 2nd prize: 500 OCA$H 3rd prize: 250 OCA$H
Q – 9 from a telegram user @JaviSuBs
How can the community be part of the growth of Omniverse? How important is the community to your project? does the token xxx have decentralized autonomy?
Àrni Björnsson | Will not DM you first:
Right now we have plans for the next 5 years or so, and the DAO is a part of that around the year 2023, because from today up to the year of 2023 we already have plans on what to do with the Omniverse
Q -10 from a telegram user @victorogb
Omniverse is said to start off with 2 rounds of private sale that will constitute a combined 10% of a 10 Million total token supply, which will later be followed by a Presale. May we know some of the specifics with these planned events, and what are the possible dates?
Pu$$ifer OMNIFORCE will not DM you first:
Our private sale round 1 was sold out last October, We just finished our Private Sale round 2. Now we are preparing for our Presale. We are making full blast marketing before we can start our Presale on Unicrypt. We are also securing Audit from Certik for us to secure the project and its supporters. We hope to see you participate on our said Presale soon.
Part 3 – Quiz about project
In the final part, we tested the knowledge in terms of the Omniverse project. They’ve prepared 4 questions for this part, so everyone could be a part and answer. Participants had 10 minutes to answer. 300$ was distributed between the winners.
