<\/p>\n\n\n\n
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 Boson Protocol and our guest was @JustinBanon. The AMA took place on 17 November. The AMA session was divided into 3 parts with a total crypto reward pool of 500$ <\/p>\n\n\n\n
In\nthis AMA Recap, we will try to summarise the most interesting points for you.<\/p>\n\n\n\n
Gold\nRocket | Satoshi Club:<\/strong> Hello again, dear Satoshi Club\ncommunity! We are pleased to announce AMA with Boson.😊<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club:<\/strong> [ 😃 Sticker ]<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Today our guest is @JustinBanon😊<\/p>\n\n\n\n Justin\nBanon:<\/strong> Hello everyone, thanks for having me<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club:<\/strong> Welcome to Satoshi Club https:\/\/t.me\/JustinBanon,\nwe are glad to have you here.<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Nice to e-meet you Justin😊<\/p>\n\n\n\n How are you doing?😃<\/p>\n\n\n\n Justin\nBanon:<\/strong> Very well, excited for Boson Forum tomorrow!<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Yeah… We also really excited\nabout upcoming AMA with you😊<\/p>\n\n\n\n please tell us more\nabout it<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club:<\/strong> Yes, please give us a short\nintroduction about you<\/p>\n\n\n\n Justin\nBanon:<\/strong> Boson Forum is our inaugural event launching Boson\nPortal, which is launching tomorrow at 12:30pm UTC in Decentraland. Please\ncheck out bosonportal.io<\/p>\n\n\n\n We will be bringing\ntogether a number of thought leaders from the Metaverse industry, it will be a\ngreat event!<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Probably your team does not sleep\nday or night😁🔥🔥🔥<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club:<\/strong> Checking it 👍<\/p>\n\n\n\n Could you explain us\nthe concept of Metaverse industry? That’s something very innovative<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> we would like to know more about\nyour team. Who is on the project team core?<\/p>\n\n\n\n Justin\nBanon:<\/strong> Well, I am one of the founders of Boson Protocol. I\npreviously built a billion dollar web2 platform in the rewards space before\ndiscovering Web3 and falling down the rabbit hole. Since then I discovered how\nthis technology can be used to democratise and disrupt Web2 eCommerce, and now\nhere I am!<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Wow! You know how to build a\nsuccessful business and feel the crypto trends<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club:<\/strong> Amazing background👏<\/p>\n\n\n\n Justin\nBanon:<\/strong> The metaverse is a persistent immersive digital universe.\nYou can think of it as a digital reality that runs alongside our physical\nreality. The concept is in the process of being built by a number of people and\nprojects to make this a reality. We believe in an open metaverse that is free\nfrom corporations and open to everyone.<\/p>\n\n\n\n We\u2019ve now got 60 of the\nbest people in Web3, across legal governance and engineering. There are too\nmany too name, but there are 8 PhDs working on the core and probably the best\nmarketing team in the industry helping us explain this to everyone<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Is your team anonymous?<\/p>\n\n\n\n Justin\nBanon:<\/strong> Not at all, you can find most of them on LinkedIn<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club:<\/strong> Metaverse and decentralization, perfect\nblend<\/p>\n\n\n\n Justin\nBanon:<\/strong> A couple of key names would be Gregor Borosa, our\ntechnical co-founder, Matt Law Head of Strategy and Dr Akaki Mamageishvili,\nprobably the best algorithmic game theorist in the world<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Thanks for great introduction, we\nwill have several questions selected for the Part 1. Ready to start?<\/p>\n\n\n\n Justin\nBanon:<\/strong> Ready Player 1, let\u2019s do this \ud83d\ude42<\/p>\n\n\n\n Q1 from Telegram User\n@DK177<\/em><\/strong><\/p>\n\n\n\n It\ncaught my attention that you have launched a grant program with plenty of options.\nI read the details on Medium and accessed the form too. My question is, how do\nyou monitor the user after processing the grant? In other words, how do you\nknow whether the grant was fruitful? Do you release the total amount of the\ngrant at once? Is there a process of submitting progress reports?<\/strong><\/p>\n\n\n\n Justin\nBanon:<\/strong> That is a great question, the successful Grants\napplicants will have some defined deliverables and funds will be released in\ntranches based on goals achieved. We won\u2019t be releasing all of the capital to\nprojects right away. Their success is our success, and we will be working\nclosely with them to help as much as possible.<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club:<\/strong> Then, how is your project financed? How\nyou collect funds? Through fees?<\/p>\n\n\n\n Justin\nBanon: <\/strong>We raised $36m initially through various private\nrounds and our public sale back in April, so that has set us up very well to be\nable to succeed moving forward. The protocol itself will take a minimally\nextractive fee, from a potentially huge multi-trillion dollar market, that will\ngo back into the foundation to help fund future development<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Thanks for your answers. Do you\nwant to add something or can we proceed to the next question?<\/p>\n\n\n\n Justin\nBanon:<\/strong> I think we\u2019re good to go for the next question \ud83d\ude42<\/p>\n\n\n\n Q2 from Telegram User\n@Cheriemike<\/em><\/strong><\/p>\n\n\n\n Boson\nProtocol recently had a LAND purchase in Decentraland where you\u2019re building\nPortal; a virtual lifestyle, commerce and cultural playground which seamlessly\nconnects the metaverse with the universe. Knowing that metaverses can prove to\nbe a daunting experiences, do you have a guide for users to use in your Portal?\nHow will users of Boston Protocol take part in these Metaverse? Thanks<\/strong><\/p>\n\n\n\n Justin\nBanon:<\/strong> We chose to start in Decentraland as it one of the\noriginal metaverse and very intuitive to join. You don\u2019t need to have any\ncrypto in your wallet to get into Portal or participate in Qube. We also have a\nguide on our Medium page medium.com\/bosonprotocol<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> It’s really make a sense<\/p>\n\n\n\n Justin\nBanon: <\/strong>And don\u2019t forget that tomorrow we will be LIVE in\nPortal (in Decentraland), and there will be plenty of our team and community\npresent to help you out with any questions 🙂<\/p>\n\n\n\n Coordinates will be\nshared on our Twitter, twitter.com\/bosonprotocol – don\u2019t forget to follow us!<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club:<\/strong> Which\nwallets are compatible?<\/p>\n\n\n\n Amazing event coming,\nwe will be there for sure, thanks for the invitation<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> this is very exciting😁<\/p>\n\n\n\n Justin\nBanon:<\/strong> MetaMask is your best bet, but I think there a\ncouple of others. Drop into Decentraland to find out 😉<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club:<\/strong> For sure. Btw, what are the main\nadventages you offer for long term holders?<\/p>\n\n\n\n Give us good reasons to\nhodl😁<\/p>\n\n\n\n Justin\nBanon:<\/strong> The vision of Boson Protocol is to be the\ndecentralised protocol on which the future of commerce will run. We see a\nfuture where there are foundational primitives for money, file storage etc. And\nwe see Boson as the foundational primitive for commerce.<\/p>\n\n\n\n $BOSON will be used for\nStaking, incentivisation and governance<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Thanks for your answers<\/p>\n\n\n\n Let’s proceed to the\nnext question😊<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club:<\/strong> Important features, staking is my\nfavorite one btw😃<\/p>\n\n\n\n Justin\nBanon:<\/strong> Sounds good! Great questions so far<\/p>\n\n\n\n I am very impressed with\nyour community 😀<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club:<\/strong> Well, here’s another amazing question.<\/p>\n\n\n\n Q3 from Telegram User\n@Pavel_Jarosh<\/em><\/strong><\/p>\n\n\n\n The\nprimary use case for Boson Protocol is Online commerce \u2013 an open digital\nmarketplace where any thing can be offered, searched and exchanged with\nminimized trust and cost. In this case, please explain if the solution is\ntargetted to P2P trading or you are planning to add some large world retailers\nto Boson online commerce chain? Can it bring a lower prices compared to\nphysical stores? How will the customer care be supported? Thank you!<\/strong><\/p>\n\n\n\n Justin\nBanon:<\/strong> Boson Protocol itself is a protocol on which other\nparties can build applications for commerce, we facilitate this through our\nsmart contract based exchange protocol, with some game theory sprinkled on top\nfor good measure. Portal is a showcase of our Protocol, but not our end\nproduct. So we are not building a marketplace, but the infrastructure to support\nmarketplaces. The protocol resolves disputes between buyer and seller, allowing\nfor a trust minimised transaction<\/p>\n\n\n\n We are in talks with a\nnumber of large brands to get them onto our protocol and recently presented at\nWebSummit in Lisbon with ASICS too. Big things are ahead!<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Excellent clarification<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club:<\/strong> Please show us your roadmap, we want to\ncheck the coming events of the project<\/p>\n\n\n\n Justin\nBanon:<\/strong> Hold the line, let me just grab that for you \ud83d\ude42<\/p>\n\n\n\n I will share the roadmap\nafter this, if that\u2019s OK?<\/p>\n\n\n\n Let\u2019s proceed to the\nnext question please \ud83d\ude42<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club:<\/strong> You are the boss<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Of course 💗<\/p>\n\n\n\n Q4 from Telegram User\n@Highpee<\/em><\/strong><\/p>\n\n\n\n On\n19th November, you will be unveiling the Qube quest event to celebrate the\nlaunch of Boson Portal. Can you introduce the Qube event to us and how users\nwill be engaged in the event gameplay? How does Proof-of-Attendance-Protocol\n(POAP) work and how will you use it to draw random users that will emerge as\nwinners during the multiple seasons of gameplay? How many seasons will Qube\nlast and what are the tasks to be completed as well as their difficulty level?\nHow can users complete these tasks in record time in order to have a chance of\nemerging as winners?<\/strong><\/p>\n\n\n\n Justin\nBanon:<\/strong> Qube is a game inside the Portal DCL environment.\nBy participating in the game players get a chance to win $BOSON. When you\ncomplete the Qube during an event you will receive a proof-of-attendence patch,\nwhich will qualify you for the draw. <\/p>\n\n\n\n You will learn much\nmore about Qube once it launches, don\u2019t want to spoiler \ud83d\ude09<\/p>\n\n\n\n We take security very\nseriously, conducting a total of 3 smart contract audits for the Boson Protocol\nv1 that were deployed on mainnet about a week ago. <\/p>\n\n\n\n Stay tuned for more\nBoson hackathons in the future. Our engineering team participated in layer 2\nhackathons in the past, where they build a chross chain stock management\nsolution.<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> thanks for the responsible\nattitude to this issue<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club:<\/strong> We are glad to know you care a lot\nabout the security, great job👏<\/p>\n\n\n\n Q5 from Telegram User\n@JesusFre1tes<\/em><\/strong><\/p>\n\n\n\n I\nread that The Boson Protocol exchange mechanism allows anyone to exchange\nphysical commodities for value on the blockchain by tokenizing an exchange\ncommitment as NFT. Can you give us more details on how this exchange model\nworks? The exchange is based on a 1:1 ratio? What types of physical commodities\nare supported within Boson for this exchange? Thank you!<\/strong><\/p>\n\n\n\n Justin\nBanon:<\/strong> Thanks for the question. Boson Protocol enables the\nexchange of on-chain value for physical goods. The exchange mechanism works by\ntaking a commitment from both buyer and seller, in the form of deposits and\npayment. This commitment to exchange is then tokenized as an NFT Vouchers. If\none party breaks their commitment they will be punished, losing some of their\ndeposit, ensuring that both parties behave honestly. A lot of different\nphysical commodities are viable on Boson Protocol, for instance in Portal we\u2019re\ngonna sell high end fashion product. v2 of the protocol will support a range of\nphysical product types, as well as services, enabling endless possibilities of\nmerging the digital and physical world.<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club:<\/strong> Perfect explanation about how the\nsystem works, btw, do you have any KYC system to join the platform?<\/p>\n\n\n\n Justin\nBanon:<\/strong> Depending on the jurisdiction the sale of high\nvalue physical products requires a KYC process. This doesn\u2019t need to be added\nto the protocol, but can happen off-chain. For now we have no need for KYC\nproviders, but we will integrate them into future marketplaces. <\/p>\n\n\n\n Besides legal\nrequirements we are looking into decentralized reputation and identity\nsolutions to give more trust to users.<\/p>\n\n\n\n Q6 from Telegram User\n@Emidm28<\/em><\/strong><\/p>\n\n\n\n One\nof your products, Boson Portal will enable users to buy physical products as\nNFTs and receive them at home or collect them in-store. The Boson Portal launch\nwill be on November 18, 2021. Will there be promotional campaigns available to\nusers on launch day? Will there be free access for all users who want to be\npart of the launch? Will there be any surprises on launch day? What are the\nsteps we must follow if we want to be part of the Bolson Portal launch?<\/strong><\/p>\n\n\n\n Justin\nBanon:<\/strong> On launch day Portal will be accessible to\neverybody. We will not reveal more for now\u2026 If you join Boson Forum tomorrow\nyou will be among the first community members to find out!<\/p>\n\n\n\n One thing I can reveal,\ntomorrow there will be a guestbook you can sign, for a chance to win $BOSON<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club:<\/strong> We understand, thanks for the sneak\npeek.<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>looking forward to it 🔥🔥🔥<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club:<\/strong> And thank you so much @JustinBanon for\nyour complete and clear answers in this first part of the AMA, definitely you\nhave an innovative and exciting project, congratulations for you and your team 👏👏<\/p>\n\n\n\n Now is time to interact\ndirectly with our dear community in the live segment of the AMA😁<\/p>\n\n\n\n Justin\nBanon: <\/strong>10,000 BOSON!<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Wow!!!<\/p>\n\n\n\n Andr\u00e9s\nM. | Satoshi Club:<\/strong> Amazing 😱<\/p>\n\n\n\n Q1. from telegram\nusername @siminiciuc<\/em><\/strong><\/p>\n\n\n\n Is\nboson just for nft and luxury and art?<\/strong><\/p>\n\n\n\n Justin\nBanon:<\/strong> Definitely not! But NFT, luxury and art are a good\nstart, as we see a lot of demand there<\/p>\n\n\n\n Q2. from telegram\nusername@Rakshitx5<\/em><\/strong><\/p>\n\n\n\n Hello\n👋✨<\/strong><\/p>\n\n\n\n I\nread there are job openings in Boson Protocol. Can you tell me how can I\ncontact Boson Protocol for the Job?<\/strong><\/p>\n\n\n\n Justin Banon:<\/strong> Go to our Greenhouse and apply, we\u2019re always looking for great talent! Boards.greenhouse.io\/bosonprotocol<\/a><\/p>\n\n\n\n Q3. from telegram\nusername@alptrader<\/em><\/strong><\/p>\n\n\n\n Do\nyou plan to add new liquidity pools and extend the blockchains on to your token\nsupport?<\/strong><\/p>\n\n\n\n Justin\nBanon:<\/strong> Yes. We have a liquidity rewards program in the\nworks<\/p>\n\n\n\n Q4. from telegram\nusername@Kazmi11<\/em><\/strong><\/p>\n\n\n\n Partnerships\nyou guys made already is already big and promising, but is it done now or are\nyou guys planning to partner with even more big names ??<\/strong><\/p>\n\n\n\n Justin\nBanon:<\/strong> More names are coming<\/p>\n\n\n\n Q5. from telegram\nusername@Robotliker1<\/em><\/strong><\/p>\n\n\n\n @JustinBanon<\/strong><\/p>\n\n\n\n What\ndo you think if Amazon use your tech and do you have any partnership done?<\/strong><\/p>\n\n\n\n Justin\nBanon:<\/strong> We\u2019re disrupting Amazon, no need for them to use\nour tech \ud83d\ude42<\/p>\n\n\n\n Q6. from telegram\nusername@rosary_23<\/em><\/strong><\/p>\n\n\n\n Is\nCommunity are Important for the BOSON ,\nAre they allowed to Vote and Give Suggestions To makes this platform Better ,\nDoes you Support the Decentralised Governance \n?<\/strong><\/p>\n\n\n\n Justin\nBanon:<\/strong> Yes. We\u2019re following progressive decentralisation\nand our first voting module will launch soon<\/p>\n\n\n\n Q7. from telegram\nusername @messilolz<\/em><\/strong><\/p>\n\n\n\n Is\n$BOSON listed already or.not in cmc amd\ngecko?where can I find token information more?<\/strong><\/p>\n\n\n\n Justin Banon:<\/strong> We are on a number of exchanges, including KuCoin, Bitfinex, Bittrex and Crypto.com<\/a>. You can search BOSON on CMC and Coingecko \ud83d\ude42<\/p>\n\n\n\n Q8. from telegram\nusername @Kazmi11<\/em><\/strong><\/p>\n\n\n\n In\ntwitter Post , I read that the First Full Confrence in the Metaverse – BOSON\nFORUM takes place this Thursday on 18th November , Will You please Give me More\ndetails Regarding this and To Participate , What Steps I should follow ?<\/strong><\/p>\n\n\n\n Justin Banon:<\/strong> If you follow us on Twitter twitter.com\/bosonprotocol<\/a> all of the details are being shared on there! 🔥<\/p>\n\n\n\n Q9. from telegram\nusername@syedwasialishah<\/em><\/strong><\/p>\n\n\n\n In\nterms of Security, What work has been or planned from the following? <\/strong><\/p>\n\n\n\n 1-\nHave You gone to through any Audits yet? <\/strong><\/p>\n\n\n\n 2-\nHave You Partnered with 3rd party Security Companies? <\/strong><\/p>\n\n\n\n 3-\nDo You plan to bring big Bounty Program for the community?<\/strong>❤<\/strong>️<\/strong><\/p>\n\n\n\n Justin\nBanon:<\/strong> Yes, yes and yes!<\/p>\n\n\n\n Q10. from telegram\nusername@isabella_blackk<\/em><\/strong><\/p>\n\n\n\n Today,\nFacebook (became Meta) and Microsoft are taking innovations and steps in the\nmetaverse, what do you think is the reason why they took these steps? What does\nthe Boson Protocol do to create a decentralized trading world on the Metaverse?<\/strong><\/p>\n\n\n\n Justin\nBanon:<\/strong> I think this is fear based, the decentralised\ncommunity will not allow them to capture people\u2019s data and they don\u2019t want a\ncompletely free and open metaverse. We stand for a free and open metaverse\noperating system that is there for the many, not the few. Boson Protocol will\nenable commerce within this environment.<\/p>\n\n\n\n As usual, for the third\npart, Satoshi Club Team asked the chat 4 questions about the crypto project. A\nlink to a Quiz form was sent into the chat.<\/p>\n\n\n\n For\nmore information and future AMAs, join our Social Media channels:<\/strong><\/p>\n\n\n\n English Telegram group: https:\/\/t.me\/Satoshi_club\/<\/a> <\/p>\n\n\n\n Russian Telegram group: https:\/\/t.me\/satoshi_club_ru\/<\/a> <\/p>\n\n\n\n Spanish Telegram group: https:\/\/t.me\/satoshi_club_spanish\/<\/a> <\/p>\n\n\n\n Chinese Telegram group: https:\/\/t.me\/satoshi_club_cn\/<\/a> <\/p>\n\n\n\n Indonesian Telegram\ngroup: https:\/\/t.me\/satoshi_club_indonesia\/<\/a> <\/p>\n\n\n\n Telegram Channel: Part\n2 \u2014 live questions from the Telegram community<\/strong><\/h2>\n\n\n\n
Part 3 \u2013 Quiz Results<\/strong><\/em><\/strong><\/h2>\n\n\n\n