Abhijith Dattatreya | NFT Alley:<\/strong> To compare with our competition..<\/p>\n\n\n\nWe offer couple of\nadvantages:<\/p>\n\n\n\n
1. Super low fees to\ncreate\/transact NFTs as we are on BSC<\/p>\n\n\n\n
2. We will also be the\nfirst dedicated marketplace on BSC with custom minting options.<\/p>\n\n\n\n
3. Also, right now an\nNFT is only unique on the blockchain it was minted on. What we would do after\nwe scale to multiple chains is create a multi chain NFT registry which will\nenable collectors\/users to verify the authenticity across chains.<\/p>\n\n\n\n
On the testing aspect,\nwe have tested out the marketplace flows internally and they are working fine\nin all aspects. We are doing more internal reviews and are planning to open up\nthe testnet for user feedback next week.<\/p>\n\n\n\n
Mary | Satoshi Club:<\/strong> Third point is the most impressive for me😀\nCan you explain how it will work?<\/p>\n\n\n\nAbhijith Dattatreya | NFT Alley:<\/strong> To explain in brief: Using APIs, we’ll be\ncollecting image hashes across multiple blockchains, store them in a database,\nwhere they can be compared when a user is planning to review the authenticity\nacross chains.<\/p>\n\n\n\nMary | Satoshi Club:<\/strong> That’s interesting! Did anyone before you try to do\nthis?<\/p>\n\n\n\nAbhijith Dattatreya | NFT Alley:<\/strong> Nope! Currently, we are the only people who are\ntrying to achieve this.<\/p>\n\n\n\nMary | Satoshi Club:<\/strong> That’s cool! I wish you success in this!<\/p>\n\n\n\nThank you for your\nanswers! Are you ready for the next question?<\/p>\n\n\n\n
Abhijith Dattatreya | NFT Alley:<\/strong> Yes<\/p>\n\n\n\nQ3 from Telegram user\n@andrey_seleznov<\/em><\/strong><\/p>\n\n\n\nHi NFT Alley!<\/strong><\/p>\n\n\n\nYou are advertising an incredibly tempting gasless\ntransactions that will allow users to execute multi-chain NFT trades with near\nzero costs. Please tell us more details, how do you plan to achieve this\nespecially when trading across multiple chains? I wonder because all major\nlayer1 chains are all requiring fees, ETH the most. Thank you!<\/strong><\/p>\n\n\n\nAbhijith Dattatreya | NFT Alley:<\/strong> We are planning to start multi chain transactions\nacross POS or L2 chains where fees will be close to zero for multi chain\ntrades. <\/p>\n\n\n\nFor ETH, currently we\nare doing some POCs on how we can reduce fees and incentivise users. We’ll\nshare the details once our POCs are complete.<\/p>\n\n\n\n
Mary | Satoshi Club:<\/strong> Which L2 chains are under your radar?<\/p>\n\n\n\nAbhijith Dattatreya | NFT Alley:<\/strong> Currently we are looking at polygon<\/p>\n\n\n\nMary | Satoshi Club:<\/strong> Good choice!<\/p>\n\n\n\nThank you for your\nanswers! Ready to proceed to the next question?<\/p>\n\n\n\n
Abhijith Dattatreya | NFT Alley : <\/strong>Yes<\/p>\n\n\n\nQ4 from Telegram user @neverencryp<\/em><\/strong><\/p>\n\n\n\nRecently, in NFT market place we are always having\nsome issues like copyright issues, do you have a way you look at the issue of\ncopyright in your NFT market or do you have any plan of creating a p2p that\nenhance communication among users that sells and buys in your marketplace.<\/strong><\/p>\n\n\n\nAbhijith Dattatreya | NFT Alley:<\/strong> Yes, this is a valid concern across multiple NFT\nmarketplaces right now. What we offer right now to combat this issue:<\/p>\n\n\n\n1. Verified Artists Feature<\/p>\n\n\n\n
2. Report functionality which help us to\ndelist counterfeit NFTs from the platform.<\/p>\n\n\n\n
What we will offer in\nthe future?<\/p>\n\n\n\n
1. AI based probabilistic models which can\ndetect similar NFTs<\/p>\n\n\n\n
2. As mentioned previously, right now an NFT\nis only unique on the blockchain it was minted on. What we would do after we\nscale to multiple chains is create a multi chain NFT registry which will enable\ncollectors\/users to verify the authenticity across chains.<\/p>\n\n\n\n
Mary | Satoshi Club:<\/strong> You will verify artists by yourself? How this will\nwork?<\/p>\n\n\n\nAbhijith Dattatreya | NFT Alley:<\/strong> For now manually verified by NFT Alley, will be\ndone via governance in the future<\/p>\n\n\n\nMary | Satoshi Club:<\/strong> Also, do you plan to make automatic delisting or\nthis will be partially manual process?<\/p>\n\n\n\nGotcha!<\/p>\n\n\n\n
Abhijith Dattatreya | NFT Alley:<\/strong> Similarly, for delisting as well.<\/p>\n\n\n\nMary | Satoshi Club:<\/strong> Understand!<\/p>\n\n\n\nWhat about governance?\nWhen do you plan to implement it?<\/p>\n\n\n\n
Abhijith Dattatreya | NFT Alley:<\/strong> Q4 2021<\/p>\n\n\n\nD. | Satoshi Club:<\/strong>\ngot it! thank you for answer! ready for the next question?<\/p>\n\n\n\nAbhijith Dattatreya | NFT Alley:<\/strong> Yes<\/p>\n\n\n\nQ5 from Telegram user @Jonahapagu<\/em><\/strong><\/p>\n\n\n\nNFT Alley is said to be thriving towards filling the\nvacuum between creators and collectors by ensuring multi-chain trades,\ninformation symmetry and hefty rewards for investments.. Hefty rewards for\ninvestments is something every investor will be interested in, what kinds of\nrewards are you talking about here and what are your plans to not only provide\nthis hefty rewards as stated but ensure the continuity of such kinds of rewards\non your platform\u2026<\/strong><\/p>\n\n\n\nAbhijith Dattatreya | NFT Alley:<\/strong> We will offer the following rewards:<\/p>\n\n\n\n1. LP mining<\/p>\n\n\n\n
2. ALLEY rewards for\nCreators and Collectors. We’ll have good rewards for top users.<\/p>\n\n\n\n
3. Platform fee\ndiscounts for holding ALLEY.<\/p>\n\n\n\n
To do all these things,\nwe have allocated 45% of the token supply for the ecosystem and rewards.<\/p>\n\n\n\n
D. | Satoshi Club:<\/strong>\ndo you planning such a function as NFT staking?<\/p>\n\n\n\ni know some projects\noffer this<\/p>\n\n\n\n
Abhijith Dattatreya | NFT Alley:<\/strong> We’ll have staking of NFTs for loans\/price\ndiscovery.<\/p>\n\n\n\nMary | Satoshi Club:<\/strong> Yes, this will be attractive!<\/p>\n\n\n\nIt will be on your platform?<\/p>\n\n\n\n
Abhijith Dattatreya | NFT Alley:<\/strong> Yes it’s part of q3 plan<\/p>\n\n\n\nMary | Satoshi Club : <\/strong>Oh, we will be waiting for this event!<\/p>\n\n\n\nD. | Satoshi Club:<\/strong>\n[ 👍 Sticker ]<\/p>\n\n\n\nthanks for the answers!\nand we have the last question from this part, ready? 😊<\/p>\n\n\n\n
Abhijith Dattatreya | NFT Alley:<\/strong> Yep<\/p>\n\n\n\nQ6 from Telegram user @Ajpaa <\/em><\/strong><\/p>\n\n\n\nNFT Alley Liquidity mining (LM) from one of your\npost said to have captured the imagination of dozens of protocols as a better\nway to distribute tokens and will soon be flourishing in NFT Alley platform\ntoo. Can you explain this and how it will flourish on your platform. Thanks<\/strong><\/p>\n\n\n\nMary | Satoshi Club:<\/strong> Is this wrong info?<\/p>\n\n\n\nAbhijith Dattatreya | NFT Alley:<\/strong> We are planning to launch the LP program soon, and\nwe’ll offer attractive APYs, which we believe would help us bolster our\nliquidity pool.<\/p>\n\n\n\nNot entirely our\nproduct info, but I’ve answered how liquidity relates to us.<\/p>\n\n\n\n
Mary | Satoshi Club:<\/strong> Gotcha! I really waiting for thus day, LP programs\nalmost always profitable 😉<\/p>\n\n\n\n Also, we want to ask you to tell us about your platform security 😀<\/p>\n\n\n\n
Did you make any\naudits?<\/p>\n\n\n\n
D. | Satoshi Club:<\/strong>\nyour favourite question? 😊<\/p>\n\n\n\nMary | Satoshi Club:<\/strong> Yes😂<\/p>\n\n\n\nAbhijith Dattatreya | NFT Alley:<\/strong> Yes our token contracts are audited and we’ll be\nauditing our mainnet contracts once we receive testnet feedback.<\/p>\n\n\n\nMary | Satoshi Club:<\/strong> Awesome! You care about security!😀<\/p>\n\n\n\nBtw, do you see clouds\non the sky?😂 Storm of live questions is coming<\/p>\n\n\n\n
Abhijith Dattatreya | NFT Alley:<\/strong> 😅😂<\/p>\n\n\n\nD. | Satoshi Club:<\/strong>\nare you ready to hear them?! 😁<\/p>\n\n\n\nAbhijith Dattatreya | NFT Alley:<\/strong> Yep let’s do this👍👍<\/p>\n\n\n\nMary | Satoshi Club:<\/strong> Let’s go 🚀<\/p>\n\n\n\nPart\n2 \u2014 live questions from the Telegram community<\/strong><\/h2>\n\n\n\nQ1 from telegram username @highpee<\/em><\/strong><\/p>\n\n\n\nYour total allocation of 123457 tokens to kickpad\nIDO is somewhat unique. Are there any reasons why you chose that number? And\nsince your said about 14k token were left and returned , are you planning to\nconduct another IDO or what do you intend to do with this left over token? <\/strong><\/p>\n\n\n\nAbhijith Dattatreya | NFT Alley:<\/strong> We’ll be using them for community rewards. Things\nlike meme competition, referral program etc 👍<\/p>\n\n\n\nQ2 from telegram username @lionel_Ahmet<\/em><\/strong><\/p>\n\n\n\nApart from AMA What other marketing strategy are you\nhaving in kind to putting in place to aid project development and growth?<\/strong><\/p>\n\n\n\nAbhijith Dattatreya | NFT Alley:<\/strong> 1. We have\nhired social media interns who are reaching out to artists. We\u2019ve got some good\nresponse in that direction and we’ll be onboarding them on testnet to mint some\nof their work and reward them for referring more artists.<\/p>\n\n\n\n2. We are bringing in a drops section where\npopular artists or upcoming artists can exclusively drop their NFTs to\ncollectors.<\/p>\n\n\n\n
3. We are also actively in touch with multiple\nNFT platforms for partnerships, which would be announced shortly. This would\nhelp us further to drive community adoption.<\/p>\n\n\n\n
4. We are also\ncollaborating with some of the top YouTubers to bring more traction to our\nplatform<\/p>\n\n\n\n
Q3 from telegram username @alptrader<\/em><\/strong><\/p>\n\n\n\nPlease tell about your team what is the experience\nof your team and what experience do you have for art and blockchain topics?\nALso why don’t you have any CEO?<\/strong><\/p>\n\n\n\nAbhijith Dattatreya | NFT Alley:<\/strong> You can find the detailed Team’s info on the\nwebsite (nftalley.io). We are a team of 12: 2 Co-Founders, 1 Director of\nProduct Development, 1 Lead Solidity Dev, 1 Full stack dev, 2 Frontend\nDevelopers, 1 UX Designer, 1 Technical Advisor and 3 SocialMedia\/Research\nInterns.<\/p>\n\n\n\nQ4 from telegram username @andrey_seleznov<\/em><\/strong><\/p>\n\n\n\n🖐 Hi NFT Alley! 🙌🙌<\/strong><\/p>\n\n\n\nYour Roadmap has an interesting point NFT\nGovernance. How will it work? Will there be specific NFTs that users will need\nto hold in order to participate in the governance?<\/strong><\/p>\n\n\n\nAbhijith Dattatreya | NFT Alley:<\/strong> We’ll be using $ALLEY for voting power\/governance.<\/p>\n\n\n\nQ5 from telegram username @Aqillaa<\/em><\/strong><\/p>\n\n\n\nBinance has high transaction speeds and low gas\nfees. Are you planning to launch the mainet or switch to another blockchain in\nthe future?<\/strong><\/p>\n\n\n\nAbhijith Dattatreya | NFT Alley:<\/strong> Once we launch our v1 marketplace on bsc, we are\nplanning to launch on other L2 chains like Polygon.<\/p>\n\n\n\nQ6 from telegram username @pavaaaaaan<\/em><\/strong><\/p>\n\n\n\nWhat are the current payment methods that are\navailable and is there any chance to look at accepting other currencies?<\/strong><\/p>\n\n\n\nAbhijith Dattatreya | NFT Alley:<\/strong> We offer BNB and ALLEY as support. More currency\nsupport will be added based on future partnerships.<\/p>\n\n\n\nQ7 from telegram username @kimzyemma<\/em><\/strong><\/p>\n\n\n\nTalking about youe transaction fee, Where does\nNFTALLEY get its income since its transaction fee is very low?<\/strong><\/p>\n\n\n\nAbhijith Dattatreya | NFT Alley:<\/strong> The way we are going to generate revenue for the\ncompany is by collecting a platform service fee. We are confident that once our\nplatform gains traction, our platform fees would be enough to help us sustain\nfor the long term.<\/p>\n\n\n\nQ8 from telegram username @gendisgladis<\/em><\/strong><\/p>\n\n\n\nHow can I buy your token? Is it currently available\nat $ ALLEY?<\/strong><\/p>\n\n\n\nAbhijith Dattatreya | NFT Alley:<\/strong> We are listed on PancakeSwap:<\/p>\n\n\n\nhttps:\/\/exchange.pancakeswap.finance\/#\/swap?outputCurrency=0xf8d954168fbbf579f8fad5f7583d4f76f10ae97d\/<\/a><\/p>\n\n\n\nQ9 from telegram username @xperia3<\/em><\/strong><\/p>\n\n\n\nCan you explain about Clean NFT feature of your\nproject?<\/strong><\/p>\n\n\n\nAbhijith Dattatreya | NFT Alley:<\/strong> We at NFT Alley, have been working to build a\nplatform where sustainability has a prime importance. Even in the most minute\naspects of its design (for example : by primarily maintaining a Dark theme on\nour platform) NFT alley has been putting focussed efforts towards ecological\nwell being.<\/p>\n\n\n\nWe are also built on\nBSC which uses POS which is much more eco friendly than ETH’s POW.. So yes,\nNFTs minted on NFT Alley will be a clean NFT \ud83d\ude00<\/p>\n\n\n\n
Q10 from telegram username @nassiruddin<\/em><\/strong><\/p>\n\n\n\n↪<\/strong>️ Can you list\nall your Social Media where I can follow you and see your Updates and\nannouncements??<\/strong><\/p>\n\n\n\nAbhijith Dattatreya | NFT Alley:<\/strong> Official Social Media Links:<\/p>\n\n\n\n✅ Telegram:\nt.me\/nftalley <\/p>\n\n\n\n
✅ Announcement Channel:\nt.me\/nftalley_ann<\/p>\n\n\n\n
✅ Twitter:\ntwitter.com\/nft_alley<\/p>\n\n\n\n
✅ Medium:\nnftalley.medium.com<\/p>\n\n\n\n
Part 3 \u2013 Quiz Results<\/h2>\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