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        <title><![CDATA[Stories by Shinchanieoalerts on Medium]]></title>
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            <title><![CDATA[Arcana Network AMA Summary Recap with Shin Chan Community]]></title>
            <link>https://shinchanieoalerts.medium.com/arcana-network-ama-summary-recap-with-shin-chan-community-f52db8cf1731?source=rss-1c9cc78464da------2</link>
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            <dc:creator><![CDATA[Shinchanieoalerts]]></dc:creator>
            <pubDate>Wed, 08 Nov 2023 13:59:19 GMT</pubDate>
            <atom:updated>2023-11-08T13:59:19.470Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1000/1*VCSooFhId3oF_KNtavo0Ow.png" /></figure><p>We held a live AMA with Co-founder, Aravindh Kumar from Arcana Network on 8th November at 9:00 PM (UTC+8). Here’s the recap for those who missed it.</p><p><strong><em>Introduction</em></strong></p><p><strong>JH | Shin Chan: </strong>Good Evening everyone, Let’s Welcome Co-Founder of Arcana Network, Aravindh Kumar and COO at Arcana, Ajay Shetty for joining the ama today🥳🥳🥳</p><p>Can you tell us a bit about yourselves and Arcana?</p><p><strong>Aravindh | Arcana: </strong>Absolutely.</p><p>Before we start, I would really appreciate if you join our community to learn about the latest developments at Arcana Network.</p><p>Twitter: <a href="https://x.com/arcananetwork">https://x.com/arcananetwork</a></p><p>Telegram Announcements Channel: <a href="https://t.me/ArcanaAnnouncements">https://t.me/ArcanaAnnouncements</a></p><p>Telegram Community: <a href="https://t.me/ArcanaNetwork">https://t.me/ArcanaNetwork</a></p><p>I am Aravindh, Co-founder of Arcana Network and handle Growth here. I have been in web3 space since 2018. Previous to Arcana, worked for a venture studio building products for other founders</p><p>Brief intro about Arcana:</p><p>At Arcana, we are a team of 20 designers, developers, cryptographers, business development and ops folks. Arcana was founded in 2021 and the goal of Arcana is to help improve the UX in Web3. It’s been quite the ride these last 2 years but we are only getting started and getting set to take things to the next level. As part of that next step, I am so happy that I have the chance to share our story and plans with you amazing folks.</p><p>Arcana is a UX-focused app chain on top of which we build products for developers that significantly impact Web3 UX.</p><p><strong>Ajay Shetty| Arcana: </strong>Hello everyone. I am Ajay Shetty, COO at Arcana Network. I have been in the web3 space for about 3 years now. Prior to this, I had 10+ years of experience in Management Consulting and IT.</p><p><strong>JH | Shin Chan: </strong>Can you give us an overview of the products that are live?</p><p><strong>Aravindh | Arcana: </strong>Sure!<br>We intend to build a slew of B2B products and consumer apps on top of this core infra. On the B2B side, we have:</p><p>1. Arcana Auth — It’s an MPC wallet SDK. Developers can integrate this SDK into their apps and allow users to log in with email or social accounts so users don’t have to install 3rd party extensions or manage seed phrases or private keys. Imagine going to a Web3 dApp and simply logging into the app with your email and seeing a secure, non-custodial wallet right inside the app.</p><p>2. Arcana Gasless — It is an Account Abstraction (ERC4337) based SDK that developers can use to sponsor gas fees for their users. Now, users don’t need to have ETH, MATIC or BNB in their wallets to submit transactions on Ethereum, Polygon, or BNB Chain.</p><p>On the B2C side, we have an app called SendIt. SendIT is like PayPal for crypto. Anyone can now send crypto to an email id or Twitter handle. This is a complete P2P transaction, and the recipient does not need to be an existing SendIt user.</p><p><strong>JH | Shin Chan: </strong>May we know who are the investors? How much have you raised so far?</p><p><strong>Aravindh | Arcana: </strong>We have raised a total of &gt;$4M in 3 rounds so far.</p><p>We’ve raised from some of the top investors in the space. <br>From people like Balaji, CTO of Coinbase, Aniket Jindal — Founder Biconomy, Sandeep &amp; JD, founders of Polygon, and funds like Woodstock, Republic, Fenbushi, and others.</p><p>We have received great support and have excellent long-term alignment with all of them</p><p><strong>JH | Shin Chan: </strong>My next question, Who are your target customers and what has been the growth so far?</p><p><strong>Aravindh | Arcana: </strong>Great question.</p><p>Our users and our traction is everything to us. It’s proof that we are not simply an idea or some vaporware that no one uses.</p><p>On the B2B side, our customers are developers and projects. For our Auth SDK, we have over 80+ projects built with us, including games, NFT projects, and Web3 social apps. We add about 10 projects a month as customers.</p><p>SendIt is built on top of our Auth SDK as an experiment, a way to market the Auth SDK. We still set lofty goals for it by having a target of reaching 50k users in 2 months. We got 50k users in 6 days! We got 100k users in 12! Now 3 months in, we have around 500k users.</p><p>Auth SDK went live in Feb 2023 and has already generated over 1M wallets since then.</p><p>Our B2C app SendIT has processed over 2.5M transactions in the 4 months since launch</p><p><strong>JH | Shin Chan: </strong>What differentiates your product from your competitors?</p><p><strong>Aravindh | Arcana: </strong>With the Auth SDK, it is a crowded market but our design and tech help us stand out.</p><p>We are the only decentralised solution in the market. There are many MPC wallet solutions but they all store or require to back up cryptographic material or private keys to centralised servers. This means you can never do self custody of these keys.</p><p>Imagine gaining assets and reputation on a particular wallet address but never being able to truly own it.</p><p>Also, we are built on top of the latest, peer reviewed cryptographic paper which means our solution is the most modern and most efficient.</p><p>Our Distributed Key Generation and Management, that powers the Auth sdk, is an order of magnitude more efficient which makes us the fastest onboarding experience in the market.</p><p>Logins take under 5 seconds through our auth.<br>You can try it out on our SendIt app and see for yourselves 🙌 <a href="https://sendit.arcana.network/">https://sendit.arcana.network/</a></p><p><strong>JH | Shin Chan: </strong>amazing, cant wait to try out all the products</p><p>Can you let us know what does your roadmap look like?</p><p><strong>Aravindh | Arcana: </strong>After spending the first 1.5 years deep in development, building stuff, breaking stuff, and getting things right, we now have a rule at Arcana that we need to have one major release every quarter.</p><p>- SendIt in Q2.<br>- Arcana Gasless in Q3.</p><p>So you can always expect a packed roadmap from us.</p><p>In Q4 this year we launch our app chain’s testnet with a proposed mainnet in Q1 of next year.</p><p>We have our Access SDK scheduled for release in Q2 of ’24.<br>It will give a way for developers to token gate anything like a file, arbitrary data or any secrets.</p><p>Also, we are very excited about Arcana CredIt, a whole new way to transact crypto, due for release in Q2/Q3 of ’24.</p><p><strong>JH | Shin Chan: </strong>glad to see that your team Build your products consistently even in the bear market</p><p>Can you tell us a bit about your token and its utility?</p><p><strong>Aravindh | Arcana: </strong>Our goal of improving UX in Web3 would be meaningless without us stressing on the need to be decentralized. As a result, launching our products on our own app chain is extremely crucial.</p><p>The immediate utility of the $XAR token would be to bring economic security to our app chain via staking.</p><p>The Arcana app chain would be a delegated Proof of Stake chain where all holders will be able to stake the $XAR token with validators and receive a reward for improving the security of the chain.</p><p>In the long term, we intend to be a public good that a DAO governs. So the token would be further utilized in the governance of the overall network.</p><p><strong>JH | Shin Chan: </strong>My last question, <br>Any initiatives by Arcana that the community can participate in?</p><p><strong>Aravindh | Arcana: </strong>Multiple!</p><p>We would like to immediately invite the community to join the Arcana community, ask questions, give feedback and if you like what you see, participate in our upcoming Reg-D token sale on Republic.</p><p>There are more details here: <a href="https://www.arcana.network/token">https://www.arcana.network/token</a></p><p>We have early access exclusively for Arcana community members which would have its own set of benefits.</p><p><a href="http://www.arcana.network/">www.arcana.network</a> (<a href="https://www.arcana.network/token">https://www.arcana.network/token</a>)</p><p>If participating in token sales is not your thing but still like what we are doing, then we invite you to join our ambassador program and start contributing.</p><p>More details on the ambassador program here: <a href="https://www.notion.so/8783c910aa4b49f88adb4d2a44a35729?pvs=21">https://www.notion.so/8783c910aa4b49f88adb4d2a44a35729?pvs=21</a></p><p>If you are a developer, come join our developer discord here: <a href="https://discord.com/invite/6g7fQvEpdy">https://discord.com/invite/6g7fQvEpdy</a><br>and start building the app of your dreams.</p><p><strong>JH | Shin Chan: </strong>we still have the opportunity to join the pre-sales Whitelist?</p><p><strong>Aravindh | Arcana: </strong>Absolutely, you can join the whitelist by visiting here: <a href="https://www.arcana.network/token">https://www.arcana.network/token</a></p><p><strong>JH | Shin Chan: </strong>Awesome! Thank you for sharing us about Arcana, it so informative to our community 💯💯🚀🚀</p><p><strong><em>Quiz Section</em></strong></p><p><strong>Q1: What product did Arcana Network launch first on the mainnet in Feb 2023?</strong></p><p><strong>Answer: </strong>The correct answer is B. Arcana Auth</p><p><strong>Q2: How many users has SendIt surpassed in Nov 2023?</strong></p><p><strong>Answer:</strong> The correct answer is D. 500,000</p><p><strong>Q3: As of today, which of these chains are NOT supported on SendIt?</strong></p><p><strong>Answer:</strong> Its D. SOLANA.</p><p><strong>Q4: Where is Arcana Network hosting XAR RegD public sale in November?</strong></p><p><strong>Answer: </strong>Correct answer is C. Republic</p><p><strong>Q5: Who is the ideal customer for Arcana Auth/Gasless?</strong></p><p><strong>Answer: </strong>Its D. All of the above. Gaming, NFT projects and De-Fi.</p><p><em>-End-</em></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=f52db8cf1731" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[Polkafantasy AMA Summary Recap with Shin Chan Community]]></title>
            <link>https://shinchanieoalerts.medium.com/polkafantasy-ama-summary-recap-with-shin-chan-community-3cc26b012759?source=rss-1c9cc78464da------2</link>
            <guid isPermaLink="false">https://medium.com/p/3cc26b012759</guid>
            <dc:creator><![CDATA[Shinchanieoalerts]]></dc:creator>
            <pubDate>Thu, 22 Jun 2023 13:45:07 GMT</pubDate>
            <atom:updated>2023-06-22T13:45:07.178Z</atom:updated>
            <content:encoded><![CDATA[<p><strong>Polkafantasy AMA Summary Recap with Shin Chan Community</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*0rS21GPMhYD1iu4oUzZmgg.jpeg" /></figure><p>We held a live AMA with CEO &amp; Founder, Alex Hui from Polkafantasy on 22 June 9:00 PM (UTC+8). Here’s the recap for those who missed it.</p><p><strong><em>Introduction</em></strong></p><p><strong>Serene | Shin Chan:<br></strong>Good Evening everyone, Let’s Welcome CEO &amp; Founder, Alex from PolkaFantasy for joining the ama today🥳🥳🥳</p><p>Before we start, Can you please briefly introduce yourself and an overview of PolkaFantasy to our community.</p><p><strong>Alex | Polkafantasy:</strong></p><p>I am Alex, the CEO and Founder of PolkaFantasy. I have been in blockchain and game industry for years.</p><p>PolkaFantasy is a GameFi infrastructure that brings Japanese top-tier titles to Web3 (at least 2 titles will be released in 2023)</p><p>This ecosystem include more than one play-to-earn games, NFT marketplace, NFT wallet, and even more game related services that we will announce. We have a huge vision: to build the best Web2-&gt;Web3 GameFi ecosystem in blockchain space.</p><p>Our team is very connected to Japanese top-tier listed enterprises and IP holders, and we have one of the strongest and most supportive community in Japan.</p><p>PolkaFantasy is run by an incredible team with former COO and CTO of Square Enix, former CEO of SNK, executive producer at TV Tokyo etc, we are super excited to build this GameFi ecosystem with all the immense support from our community.</p><p>Here is a short demo of our game, hope you love it! <br><a href="https://twitter.com/PolkaFantasy/status/1667109291004682241?s=20">https://twitter.com/PolkaFantasy/status/1667109291004682241?s=20</a></p><p><strong>Serene | Shin Chan: </strong>What makes PolkaFantasy different from the other gamefi projects?</p><p><strong>Alex | Polkafantasy: </strong>PolkaFantasy is not just a game, it’s a eco-platform that will contain many titles onwards.</p><p>PolkaFantasy prioritizes long-term user engagement as a foundation for sustainable growth. To achieve this, we have designed our NFTs and tokens to offer lasting utilities, setting us apart from competitors who often focus solely on a single game within their NFT and token economy. We have a robust pipeline of games, with two slated for release in 2023, all of which can leverage PolkaFantasy NFTs and tokens. This strategic advantage ensures the sustained value of our NFTs and tokens over time.</p><p>Moreover, we have successfully established a loyal community in Japan, a market known for its difficulty to penetrate. Our initial success has solidified our reputation as a trusted project, enabling us to initiate discussions with renowned Web2 enterprises for create HUGE VALUE for our token in short and long term.</p><p>Notably, we are trusted in traditional game and animation industry by being the first blockchain game project to collaborate with top Japanese voice actors/actresses, from Attack on Titan and Dragon Ball etc. This achievement sets us apart as the sole blockchain game project capable of attracting such talent, and we are confident that this success will continue to attract more traditional gamers to our platform.</p><p>Furthermore, our ambitions extend beyond games. We are actively developing a comprehensive GameFi eco-platform to support both Web2 and Web3 game studios and enterprises in Japan. This expansion will bolster the strength of the PolkaFantasy ecosystem, offering a wider range of opportunities and resulting in more valuable NFTs and token prices.</p><p><strong>Serene | Shin Chan: </strong>Thank you for the explanation. Can you please share some features of your upcoming game?</p><p><strong>Alex | Polkafantasy: </strong>Sure. Here are a few features that may be attractive to players.</p><p>- Our game is a classic 3v3 card battle which emphasize on gameplay. This means it’s a game for gamers. <br>- More than 50 playable characters when we launch<br>- AAA voice actors from Japan are included in the game <br>- Music are recorded with Orchestra<br>- Lead develop by one of the top former Square Enix development head<br>- One of the longest story mode in blockchain games. And it’s written by a very famous game scripters.</p><p>And all characters are art directed by top Japanese illustrator which work as art director in a billions-yen revenue card game</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*4ygi60rmmozLLJkUIkNdXA.jpeg" /></figure><p><strong>Serene | Shin Chan: </strong>wow. interesting features 🔥🔥</p><p>And I see you are launching a new token $ZENNY Soon. Could you please tell us the differences in the usage of the new token $ZENNY and $XP which you launched in 2021? And why?</p><p><strong>Alex | Polkafantasy: </strong>That’s a very good question.</p><p>$XP is the utility token for PolkaFantasy eco-system. It can be used in PolkaFantasy NFT marketplace, launchpad, and Game Marketplace and games etc. User can also use $XP to upgrade NFT characters, and buy special Lootbox (during a previous sale, a staggering 8100 NFTs sold out in just an hour). $XP will gradually take on a governance role in the future as well. We have even secured a partnership where $XP will serve as the governance token for an exciting project. Additionally, we’re collaborating with top Web2 enterprises, where $XP will play a pivotal role in our joint endeavour (upcoming collaboration with one of the world’s top three auction houses, where $XP will likely play an integral part in auctioning art from renowned Japanese IPs.).</p><p>$ZENNY is PolkaFantasy game token. It takes center stage in multiple games, including at least two titles set to be launched in 2023. $ZENNY is the main currency for our games, and its main utilities are to enhance gameplay experience for users. For instance, users can use $ZENNY to upgrade weapons/items, to breed new characters, to buy special in-game items, to buy limited ver NFT etc. Our ultimate objective is to establish a sustainable economic cycle for $ZENNY, capitalizing on our multi-game, multi-platform approach.</p><p>By implementing this dual-token system, PolkaFantasy aims to provide tailored value propositions to both enterprise and non-game partners, as well as the vibrant gaming community. This segregation allows us to evolve each token uniquely while maintaining long-term demand for both. Excitingly, we have upcoming game releases that will cater to the immediate demand for $ZENNY. And the demand will be further boosted when we release our console title later this year.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*S4LCdenK25AGZvPKZnB3gw.jpeg" /></figure><p><strong>Serene | Shin Chan: </strong>Thanks for the detailed answer.</p><p>What are the killer utilities for $ZENNY?</p><p><strong>Alex | Polkafantasy: </strong>It can be used to buy special lootbox in the game. And it can be used to breed stronger characters in the future as well.</p><p>One interesting about our upcoming token launch is that, we will release the token on 27th and then the offical game on 29th. So that means there will be super strong demand for ZENNY on day 1 of launch. We foresee that’s a good opportunity for gamers and investors.</p><p>In fact, we are having a lot of inquiries even today from launchpad to launch our tokens. So you can expect a lot of traction to it and we will add more utilities as we release more titles with top game studio in Japan.</p><p><strong>Serene | Shin Chan: </strong>Since we are anticipating it, when is the $ZENNY IDO? And where can we buy the tokens?</p><p><strong>Alex | Polkafantasy: </strong>The IDO will be 27th June, at about 10:00 UTC, on QuickSwap (Polygon)</p><p><strong>Serene | Shin Chan: </strong>Great. What is the long-term vision for PolkaFantasy and how do you plan to achieve it?</p><p><strong>Alex | Polkafantasy: </strong>We aim to be the bridge of Web2 and Web3 gaming, by providing a holistic ecosystem for web2 enterprises to come aboard.</p><p>Our team has been in close relationship with many top-tier enterprises to envision this goal. One of the ways is to co-work with game studio, especially Japanese game studios, to bring their IPs to web3. We are approaching this goal as we have confirmed to develop games and launch in PolkaFantasy ecosystem.</p><p>Besides, we are in current talks to some listed mega-huge enterpises to expand the reach of PolkaFantasy. We are not just a blockchain game, we want to leverage on our know-how to make more higher quality title. You can imagine how serious at game making by looking at the quality of our first game. I can assure you that our coming titles will be even greater and create a lot of value to our $XP, $ZENNY and NFTs. We can do it because we are really working hard to make vision come true. We have build almost 10 products in the last 18 months, and we will deliver more in future!</p><p><strong><em>Quiz Section</em></strong></p><p><strong>Q1. Name 3 utilities for $ZENNY</strong></p><p><strong>Answer:</strong> The utilities for $ZENNY is for weapon/item upgrade, Farming and exclusive NFT purchase</p><p><strong>Q2. When is the $ZENNY launch and when is the official game launch?</strong></p><p><strong>Answer: </strong>The token launch: 27th June<br>Game launch: 29th June</p><p><strong>Q3. Hiroshi Kamiya, voice actor for famous anime “Attack on Titans” is going to CV as which game character in PolkaFantasy?</strong></p><p><strong>Answer: </strong>Sirius</p><p><strong>Q4. Who is the main character in the PolkaFantasy Game</strong></p><p><strong>Answer</strong>: Azela</p><p><strong>Q5. Name one of the guilds partner that PolkaFantasy has.</strong></p><p><strong>Answer: </strong>There are 2 correct answers<br>- Sakura <br>- Samurai</p><p><em>-End-</em></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=3cc26b012759" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[XP.Network AMA Summary Recap with Shin Chan Community]]></title>
            <link>https://shinchanieoalerts.medium.com/xp-network-ama-summary-recap-with-shin-chan-community-8a1bdde0707c?source=rss-1c9cc78464da------2</link>
            <guid isPermaLink="false">https://medium.com/p/8a1bdde0707c</guid>
            <dc:creator><![CDATA[Shinchanieoalerts]]></dc:creator>
            <pubDate>Mon, 08 May 2023 15:01:48 GMT</pubDate>
            <atom:updated>2023-05-08T15:01:48.304Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*gKhY19R6Quk4CHyreeOdhA.png" /></figure><p>We held a live AMA with CEO &amp; Co-Founder, Nir Blumberger and CTO, Dima Brook from XP.Network on 8th May 10:00 PM (UTC+8). Here’s the recap for those who missed it.</p><p><strong><em>Introduction</em></strong></p><p><strong>JH | Shin Chan: </strong>Good Evening everyone, Let’s Welcome Nir Blumberger, CEO &amp; Co-Founder and CTO, Dima Brook, CTO from XP.Network for joining the ama today🥳🥳🥳</p><p>Before the ama start, please Introduce yourselves and XP.Network to our community.</p><p><strong>Dima | XP.Network: </strong>XP.NETWORK is a team of about 25 crypto geeks building the biggest NFT / SFT bridge in the world. We started back in 2020. We already connected 28 chains and more are coming soon.</p><p>We specialize in Non-Fungible tokens and nobody does it as professionally as us</p><p>We support 21 EVM and 7 Non-EVM chains. We don’t only connect blockchains, we connect people, projects, ecosystems and build a global market of NFTs from islands separated by different protocols.</p><p>Nir Blumberger is the CEO and I am the CTO of the project.</p><p><strong>JH | Shin Chan: </strong>Thank you for the introduction 💯💯🚀🚀</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1000/1*rwkYdmgJUq_q2Mt6Ocyq4g.png" /></figure><p>XP Network x 𝕊ecret Network 🤝🤝🤝</p><p>🌉 Bridge: bridge.xp.network</p><p>XP Network announce new mainnet integration with 𝕊ecret Network and Secret NFTs are going multichain.</p><p>▶️ More Info: <a href="https://twitter.com/xpnetwork_/status/1654936945556856832?s=20">https://twitter.com/xpnetwork_/status/1654936945556856832?s=20</a></p><p>and we can see XP Network announce new mainnet integration with 𝕊ecret Network</p><p><strong>Dima | XP.Network: </strong>Yes, NEAR too</p><p><strong>JH | Shin Chan: </strong>🔥 all the major blockchain had been integrated</p><p><strong>Dima | XP.Network: </strong>Yeah, but it is only the start. We want to connect everyone with everyone to give equal chances to the big &amp; small.</p><p><strong>JH | Shin Chan: </strong>🔥 great, i ama sure xp.network can do it !</p><p>other than that, do you have any news or update from XP.Network would like to share with us?</p><p><strong>Dima | XP.Network: </strong>Well, we’re currently on the v3.0 of the bridge. In each iteration we improve the security, and UX.</p><p><strong>JH | Shin Chan: </strong>great, security is very important for the retailer :) looking forward to the v3.0</p><p><strong>Dima | XP.Network: </strong>Our v1.0 was pretty much what other bridges have to offer. v2.0 became many times cheaper and more secure. We introduced FROST protocol for the bridge oracle-validators.</p><p>In v3.0 we introduced auto whitelisting &amp; auto collection contract deployment on the destination chains. So now all the NFTs in the supported chains will arrive to their designated contracts and the marketplaces will view them as a collection.</p><p>For example, our competitors still bridge NFTs to one default contract mixing NFTs from games and collectibles, sports cards and pieces of art…</p><p>Our solution is equipped with a widget that can be embedded in 10–20 minutes in any frontend and enable NFT bridging from a game, metaverse or just someone’s UI: <a href="https://widget.xp.network/?widget=true&amp;wsettings=true&amp;wid=create">https://widget.xp.network/?widget=true&amp;wsettings=true&amp;wid=create</a></p><p>widget.xp.network (<a href="https://widget.xp.network/?widget=true&amp;wsettings=true&amp;wid=create">https://widget.xp.network/?widget=true&amp;wsettings=true&amp;wid=create</a>)</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*0N0TwEGw5HviLFZ-D7Iuug.png" /></figure><p>Another took is XPJS library with stands for XP.NETWORK JavaScript library: <a href="https://www.npmjs.com/package/xp.network">https://www.npmjs.com/package/xp.network</a></p><p>It allows embedding the bridge in any front or backend, like the code of the game or a Marketplace in a matter of several hours.</p><p>npm (<a href="https://www.npmjs.com/package/xp.network">https://www.npmjs.com/package/xp.network</a>)</p><p><strong><em>Telegram Live AMA Begins:</em></strong></p><p><strong>Q1: I Saw that $XPNET is the native token of XP.network , So May You Please <br>List Some Unique Qualities of $XPNET , How I Can Earn $XPNET and Is STAKING AVAILABLE ?</strong></p><p><strong>Dima | XP.Network: </strong>We had a staking round on Finance, but all the 50M reward quota for that round was quickly taken. We’re now building a staking program on Algorand &amp; even built a FT bridge between BSC &amp; Algorand for our token. Watch our announcements not to miss its start.</p><p><strong>Q2: How do you envision the future development of NFT bridges, and how might they impact the broader NFT and blockchain space?</strong></p><p><strong>Dima | XP.Network: </strong>We think that the current NFT application is far from its true capabilities of instant property registration tool. Once more people understand the true power of NFTs, the bridges will be as needed as cargo ships which deliver goods between the counties. We hope to still be THE NFT Bridge at that time.</p><p><strong>Q3: How do NFT bridges handle the differences in token standards (e.g., ERC-721 vs. ERC-1155) across various blockchain networks?</strong></p><p><strong>Dima | XP.Network: </strong>Good question)) Some protocols don’t have an analog of ERC1155, so we begin with bridging only ERC721, then we make SFT bridging possible too, but they arrive as NFTs with unique numbers. Then we work with the community and either find a solution how to update their current NFT standard, or collaboratively implement a new SFT standard that can naturally accept ERC1155-like tokens.</p><p><strong>Q4: You also Know that In Market lot of NFTS ARE there But Mostly These NFTs have Not a Real Use Cases , So there is No Point of Holding it , So Is XP NETWORK NFT has a Really Good Use Cases , If Yes please tell me about it and ?</strong></p><p><strong>Nir | XP.Network: </strong>During the launch of XP.NETWORK staking on October 18th, 2021, we also released XP NFT collection.</p><p>Every user who initiated a staking period, received an NFT as a reward</p><p>This NFT is was used as the key to the staking rewards</p><p>New staking batch — announced a new batch of XPNETs available to stake along with a brand new NFT collection as a complimentary reward!</p><p>Stay tuned for the updated new batch of staking release</p><p><strong>Q5: How does XP NETWORK ensure the preservation of asset ownership and provenance during cross-chain transfers?</strong></p><p><strong>Dima | XP.Network: </strong>We do not preserve ownership, we implemented the cross-chain ownership transfer)) The NFT receiver can be incompatible with the elliptic curve cryptography of the sender, so the sender’s account cannot exist on the destination protocol. So, we make sure the designated receiver gets their NFT.</p><p><strong>Q6: What is the role of SC built by the Elrond team in the development of the XP Network Cross-chain NFT transfer technology? Can you tell us about the cost of using your latest technology which is the NFT BRIDGE? I understand that this is an innovative technology in NFT but I am sure it must have some associated cost. Is this technology affordable or it comes at a high price?</strong></p><p><strong>Dima | XP.Network: </strong>Elrond team did not build anything special for us. Maybe, you mean to say, that in Elrond they have ESDT for FTs, NFTs &amp; SFTs that we support? Well, we love Elrond (now MetaversX). They were the first blockchain we bridged.</p><p>Regarding the costs, the sender pays the transaction fees on the departure &amp; destination chains in the native coins of the departure chain. Ex.: if you’re sending from Ethereal to Finance, you will cover all the costs in ETH.</p><p>Besides, the TX fees on both sides, we charge a small slippage of 5–10% of the transaction fees.</p><p><strong>Q7: Today NFTs and Gaming Is Booming 🔥 in the Crypto Market, So What are <br>Your Plans and Building own GAME AND NFTs , So Is Your Team is Working in this Direction to Launch its Own NFTs ?</strong></p><p><strong>Dima | XP.Network: </strong>Both are possible)) Watch our announcements closely!</p><p><strong>Q8: Do you have tutorial videos so we can get to know your project more or do you have a YouTube channel or something? can you share it with us?</strong></p><p><strong>Nir | XP.Network: </strong>Of course!</p><p>We are uploading new videos on a weekly basis, whether its tutorial videos, AMA recordings, and general updates</p><p>Our YouTube Channel can be found here:</p><p><a href="https://www.youtube.com/@xpnetwork_">XP.NETWORK</a></p><p><strong>Q9: What is XP NETWORK’s approach to handle potential congestion or network issues during high-demand periods?</strong></p><p><strong>Dima | XP.Network: </strong>We suggest the users to activate aggressive gas fees for their transactions to be included in the nearest blocks, rather than waiting for inclusion for hours.</p><p><strong>Q10: How do you maintain security and attacks from the crypto market? Are you checking your security regularly?</strong></p><p><strong>Dima | XP.Network: </strong>Sure, we are very security focused and if you ever read our documentation or watched our video tutorials, you could not miss them:</p><p><a href="https://docs.xp.network/docs/Multibridge3.0/BridgeSecurity">https://docs.xp.network/docs/Multibridge3.0/BridgeSecurity</a></p><p><a href="https://docs.xp.network/docs/Multibridge3.0/Multilayer_security">https://docs.xp.network/docs/Multibridge3.0/Multilayer_security</a></p><p>and many more</p><p>docs.xp.network (<a href="https://docs.xp.network/docs/Multibridge3.0/BridgeSecurity/">https://docs.xp.network/docs/Multibridge3.0/BridgeSecurity/</a>)</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*5ARieXOv_QaeIZ1VhDslig.png" /></figure><p><strong>Q11: Many FAKE Users Can also PRINT FAKE NFTs , So May I know How XP NETWORK Will Deal with this and How You Ensure that Only Real NFTs get Printed on XP NETWORK ?</strong></p><p><strong>Dima | XP.Network: </strong>At the moment, only whitelisted contract can be bridged. So fake contracts are not allowed in the bridge not to trick the users on the other side and convince them to buy fake expensive NFTs. If we have time in the future, we might work out a tool for NFT verification, if the market has a need for that.</p><p><strong>Q12: SECURITY is the Primary thing for investors and Users, So have you build a Strong Security System For your platform, If Yes please tell me Some of your Security Measures ?</strong></p><p><strong>Dima | XP.Network: </strong>Here’s more security information: <a href="https://docs.xp.network/docs/Whitepaper2.0/bridge-security">https://docs.xp.network/docs/Whitepaper2.0/bridge-security</a></p><p>docs.xp.network (<a href="https://docs.xp.network/docs/Whitepaper2.0/bridge-security/">https://docs.xp.network/docs/Whitepaper2.0/bridge-security/</a>)</p><p><strong>Q13: I’ve read that with XP Network we can easily create our NFTs and test each of the blockchains and launch them on a specific block. So, is this process easy enough for users of all levels and can we try different blockchains to be sure of their benefits?</strong></p><p><strong>Dima | XP.Network: </strong>After v3.0 introduction you don’t need to deploy a contract on the chain of destination, the bridge does it for you automatically. So, yes, it became easier &amp; faster, especially, if you want to bridge to a protocol, you are not very familiar with, where you cannot write a smart contract yourself, like NEAR or Tezos…</p><p><strong>Q14: We see that NFT platforms aim to influence Artists, Photographers and Celebrities. Can you explain what XP Network will offer these components of NFT World and how it will attract them into its ecosystem?</strong></p><p><strong>Dima | XP.Network: </strong>With our bridge NFT collection teams or artists or celebs do not need to be intimidated by the size of the community of a single chain. They can create huge collections and whatever is not sold on a single chain can be bridged and sold there without any development or reading the docs about the NFT standards of other chains. Our tools are for everyone, seasoned developers and no-coding photographers and artists. We hope to be useful for everyone!</p><p><strong>Q15: I Noticed that These Days You have Planned and Organised AMAs In Top Crypto Community, So May I know What is the Main Reason to Conduct Many AMAs and Currently What is Focus, Which Product are You Building ?</strong></p><p><strong>Dima | XP.Network: </strong>We want people to know about our bridge and educate them about the opportunities it brings to them. There’s no effort required from the users to use the bridge. Just view your NFTs, select the ones you want to send and transfer them. If there’s a good product, but nobody knows about it… who will use it? This is why we work on spreading the word…</p><p><strong>Q16: I read that secret NFT is the newest suite to integrate with your bridge. So can you tell us more details about this secret NFT? Also, can you tell us the costs associated with using your confidential NFT technology?</strong></p><p><strong>Dima | XP.Network: </strong>Secret NFTs have two parts in them: the public &amp; the secret one. This explains the name of the chain. The secret part is only visible to those having the view key of the collection generated by the current NFT owner. According to the agreement with Secret Network we only bridge the public part of the tokens and to view the private part the users have to return the NFTs back to Secret. This way we guarantee security of the private information.</p><p><strong>-End-</strong></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=8a1bdde0707c" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[UrDEX Finance AMA Summary Recap with Shin Chan Community]]></title>
            <link>https://shinchanieoalerts.medium.com/urdex-financeama-summary-recap-with-shin-chan-community-234a9e3037c1?source=rss-1c9cc78464da------2</link>
            <guid isPermaLink="false">https://medium.com/p/234a9e3037c1</guid>
            <dc:creator><![CDATA[Shinchanieoalerts]]></dc:creator>
            <pubDate>Tue, 25 Apr 2023 14:51:37 GMT</pubDate>
            <atom:updated>2023-04-25T14:52:04.019Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*5qac_mehkge_wIJa6bkusA.png" /></figure><p>We held a live AMA with BD, Maya of UrDEX Finance on 25th April 10:00 PM (UTC+8). Here’s the recap for those who missed it.</p><p><strong><em>Intro</em></strong></p><p><strong>JH | Shin Chan: </strong>Good Evening everyone, Let’s Welcome Maya, BD of UrDEX Finance from UrDEX for joining the ama today🥳🥳🥳</p><p>Before the ama start, please Introduce yourself and your UrDEX to our community.</p><p><strong>Maya | UrDEX Finance: </strong>I am Maya — BD of UrDEX Finance. I have 7 years of experience in cryptocurrency and financial services with more than 5 years of experience in Community Management for big global communities.</p><p>About UrDEX Finance, it is a community-driven project that aims to solve the liquidity problem by enabling disparate forms of liquidity to connect with markets in a decentralized way. It offers a comprehensive range of products and services, in which the three products we focus on the most are: an Decentralized Exchange, a Perpetual Decentralized Exchange, and a Launchpad.</p><p>🌟 Some core features that make UrDEX stand out from other DEXs:</p><ul><li>Fully Decentralized and Non-Custodial <br>- Real yield → Cash flow<br>- Zero Price Impact Trades powered by Chainlink oracles <br>- Programmatic Risk Management <br>- Innovative liquidity solution <br>- Fair Launch and DAO-Driven <br>- Launchpad<br>- Loyalty Incentives <br>- Strategic partners Pool</li></ul><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*YK3SnBDygbo0Au-7gYAOCw.png" /></figure><p>Here please take a look at the project overview to have a general understanding of UrDEX Finance 👆</p><p>UrDEX’s partners include: Space ID, ParaSwap, Mises Browser, PERI Finance, Parami Protocol, xHashtag, TrantorDAO, HatsFinance, ArbitrumNewsDAO, Puffverse, BSCStation, InfiniteLaunch, BrandPad, RazrFi, and many KOLs, community channels.</p><p>UrDEX Finance has successfully completed IDO on the multiple Launchpads: BSC Station, InfiniteLaunch, UrDEX Launchpad, RazrFi and BrandPad.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*n7-TLvUkUSXbuHqStK6CgA.png" /></figure><p>After the IDO, users can start trading $URD on Camelot — the Arbitrum native DEX. Shortly after that, the URD/USDT pair will be opened for trading on MEXC — top CEX with millions of global user 🎉</p><p>⏰ Camelot DEX listing: April 26th, 14:00 UTC</p><p>⏰MEXC Global listing: April 26th, 15:00 UTC</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*qWGIyyx4fXVdLdA0ikl7Hg.png" /></figure><p><strong><em>Telegram Live AMA Begins:</em></strong></p><p><strong>Q1: Great backing and partnerships in the crypto market might bring huge benefits to new projects. During this point, can you tell us about the partners and backers of UrDEX Finance?</strong></p><p><strong>Maya | UrDEX Finance:</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*4-s1WgLPJHn3mRsBt8X0yQ.png" /></figure><p>After a long time of incubation and several months of operation, UrDEX has been making significant strides in the DeFi ecosystem, establishing partnerships with some of the most reputable players in the field.</p><p>The collaborative partnership was established with Space ID, Mises Browser, Paraswap, BSCStation, InfiniteLaunch, RazrFi, BrandPad, PERI Finance, Parami Protocol, xHashtag, TrantorDAO, Puffverse, HatsFinance, and many other KOLs, community channels.</p><p>These collaborations can somehow speak to the quality and potential for growth of the project, through which UrDEX has built a strong foundation to leverage and drive the further development of its platform. By combining their efforts, UrDEX and its partners are working towards a common goal of building a decentralized and interoperable financial system that can serve a global user base.</p><p><strong>Q2: As You said that There will 0 Price Impact Trades,<br>May I know more about this?<br>How will it work?</strong></p><p><strong>Maya | UrDEX Finance:</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*WfD9na3suLY9SvSFwkv-sg.png" /></figure><p>UrDex allows for executing large trades at the mark price without any price impact. However, during times of high volatility, there may be a spread between the Chainlink price and the median price of reference exchanges.</p><p>Mark prices are shown next to the market name, and the chart displays the average of the two mark prices. When opening long positions, they are initiated at a higher price and closed at a lower price. Conversely, when opening short positions, they are initiated at a lower price and closed at a higher price.</p><p>You can learn more details about the project on its official website (urdex.finance) and Docs (docs.urdex.finance)</p><p><strong>Q3: Regarding $URD IDO, Have you considered the possibility of a massive sale after IDO? what is the strategy to maintain the value of $URD after the IDO event is over?</strong></p><p><strong>Maya | UrDEX Finance: </strong>Shortly after IDO event, We will launch DAO Staking URD for holders and LP Farming for investors who provide liquidity to UrDEX. This will encourage users to hold $URD for a long term with more opportunities for to get involved and earn rewards.</p><p>UrDEX will balance by reducing inflation, stabilizing token prices, and limiting quick sell-offs. Details on the mechanisms and profits from DAO Staking/ LP Farming will be updated immediately after the launch of these two features.</p><p>Please stay tuned with us for the latest announcements:</p><p>🌐Website: <a href="http://urdex.finance/">http://urdex.finance/</a><br>📜Documentation: <a href="https://docs.urdex.finance/">https://docs.urdex.finance</a><br>🐦Twitter: <a href="https://twitter.com/UrDEX_Finance">https://twitter.com/UrDEX_Finance</a><br>📺Telegram: <a href="https://t.me/urdexfinance">https://t.me/urdexfinance</a><br>💿Discord: <a href="https://discord.gg/urdexfinance">https://discord.gg/urdexfinance</a><br>📙Substack: <a href="https://urdexfinance.substack.com/">https://urdexfinance.substack.com/</a></p><p>urdex.finance (<a href="https://urdex.finance/">https://urdex.finance/</a>)</p><p><strong>Q4: can you please share with us What is the revenue model of the #UrDEX platform? Are there any other incentive mechanisms for #UrDEX traders and investors?</strong></p><p><strong>Maya | UrDEX Finance:</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*yeNpO2wpgm3MVHurDpW7hg.png" /></figure><p>Revenue Model of the UrDEX Platform:</p><p>Position fee for perpetual trading: 0.1% of position size (open/close)</p><p>Liquidation fee: $5</p><p>Dynamic borrowing fee (interest rate for leveraged/perpetual trading)<br>- Traders pay a borrowing fee every hour. The fee is calculated dynamically based on the asset utilization rate: Borrowing fee (per hour) = (assets borrowed) / (total assets in pool) * 0.01%<br>- Maximum borrowing fee: 0.01% per hour (at 100% utilization)</p><p>Maintenance margin: 1%<br>Liquidation occurs when the debt of an open position reaches 99% of the user’s collateral. Any leftover funds after liquidation will be sent back to the user’s wallet.</p><p>Swap fee: ranging from 0% to 0.6%<br>- The base swap fee equals 0.2% for non-stablecoin swaps (i.e. USDT&gt;ETH, or BTC&gt;USDT) and 0.01% for stablecoin swaps (i.e. USDC&lt;&gt;USDT). Note that the protocol incentivizes the swapping of assets that are underrepresented (in terms of pool weight) by dynamically reducing the swap fee and vice versa.</p><p><strong>Q5: 1. Do urdex invested by any Vcs?<br>2. Can you show us your tokenomic?</strong></p><p><strong>Maya | UrDEX Finance: </strong>UrDEX is doing a fair launch with no presale. To ensure the sustainability of its tokenomics, UrDEX has implemented a fair and transparent token distribution system.</p><p>The upcoming launch of the UrDEX project will only involve a single public sale round at a fixed price of $0.08. During the public sale round, 60% of the tokens will be unlocked at the time of the token generation event (TGE). The remaining 40% will be subject to monthly unlocks over the course of the following 4 months.</p><p>The absence of a private sale or presale ensures a fair launch for all interested parties. This approach will also lead to a lower market capitalization of just $480,000 based on the public sale price.</p><p>To prevent inflation and maintain token value, UrDEX has also implemented a token-burning mechanism, where a portion of the tokens earned from trading fees is used to buy back and burn URD tokens, reducing the overall token supply and driving up token value.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/911/1*8LesTDNzej6dOmCjuVYVlg.png" /></figure><p>UrDEX’s utility tokenomics details</p><p>🔹Ticker: URD<br>🔹Total supply: 100,000,000 URD<br>🔹Public Sale price: $0.08<br>🔹Initial Circulating Token: 6,000,000 URD<br>🔹Market Cap: $480,000</p><p><strong>Q6: If I am using UrDex Platform,<br>Then What can I do to Earn URL Loyalty Tokens?</strong></p><p><strong>Maya | UrDEX Finance:</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*XacSiof4g5NRK59Du9qH8Q.png" /></figure><p>UrDEX offers a loyalty program that rewards traders with loyalty tokens based on their trading activity. This function rewards and encourages trading activity, increasing platform user involvement.</p><p>A very simple incentive mechanism: For every dollar traded on the UrDEX platform, one URL token is earned.</p><p>To foster sustainable growth, we aim to keep our community members engaged and incentivized. As part of this effort, we are proud to introduce URL loyalty tokens, which are earned by traders based on the USD volume of their swaps and closed trading positions. These tokens are automatically distributed and can be converted to URD tokens after a 24-hour vesting period. This incentivizes traders to keep using our platform and allows them to share in our success as we grow.</p><p><strong>-End-</strong></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=234a9e3037c1" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[Cropbytes AMA Summary Recap with Shin Chan Community]]></title>
            <link>https://shinchanieoalerts.medium.com/cropbytes-ama-summary-recap-with-shin-chan-community-8aaeb8d67a39?source=rss-1c9cc78464da------2</link>
            <guid isPermaLink="false">https://medium.com/p/8aaeb8d67a39</guid>
            <dc:creator><![CDATA[Shinchanieoalerts]]></dc:creator>
            <pubDate>Tue, 11 Apr 2023 14:55:58 GMT</pubDate>
            <atom:updated>2023-04-11T14:55:58.689Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*gPmM5NZ753ekVgjngAvl-Q.jpeg" /></figure><p>We held a live AMA with Product Lead, Kevin Sequeira and Head community and marketing initiatives, Abhishek Menon on 11 April 10:00 PM (UTC+8). Here’s the recap for those who missed it.</p><p><strong><em>Intro</em></strong></p><p><strong>Serene | Shin Chan: </strong>Welcome <a href="http://twitter.com/kev_seq">@kev_seq</a> &amp; <a href="http://twitter.com/abhisheikmenon">@abhisheikmenon</a> from CropBytes joining our Public AMA today. 🔥❤️</p><p>Before the ama begins, please introduce yourselves and your CropBytes team.</p><p><strong>Kevin Sequeira | Cropbytes: </strong>Hello everyone,<br>I am Kevin, I have been a part of CropBytes since early days, and look after product and growth.</p><p>I got into crypto through token mining back in 2017. During those days also used to research and write about the development and great products in the crypto space.</p><p><strong>Abhishek Menon | Cropbytes: </strong>Hi, I’m Abhishek, at CropBytes I head community and marketing initiatives.</p><p>I have over 2 Years of experience in Web3 Gaming and over 5 Years in traditional marketing. I have worked for FMCG, Tech, and other consumer brands driving brand awareness and growth.</p><p><strong>Serene | Shin Chan: </strong>Do you have any recent or updated CropBytes news you’d like to share with our community? 😀 Can tell us more details about your project.</p><p><strong>Abhishek Menon | Cropbytes: </strong>Sure, second thing first, would like to introduce CropBytes to those who have not head about it:</p><p>CropBytes is one of the first web3 games out there, and was launched in 2018 on Appstore and Playstore.</p><p>It’s a game of farming and business built on a real world economy, with game assets and an in-game marketplace. Imagine Farmville, but with the real economy.</p><p>The game has a sustainable economy which is meant to get stronger with time. The game has an open market that’s owned by the community and prices of every asset is determined by the community sentiments, and demand and supply of the asset.</p><p>Explore the game assets market: <a href="https://www.cropbytes.com/exchange">https://www.cropbytes.com/exchange</a></p><p>CropBytes is built like a country, but an ideal country in the metaverse. All game developments are crafted to make the economy stronger. Your strategy to grow in this economy is completely yours and will vary from others.</p><p>As of latest updates:</p><p>We recentely launched the first ever sustainable free p2e model in a web3 game. We call it “Get Paid to Play”.</p><p>It is based on the concept of service economy. Which means players can hire other players and provide jobs in the metaverse thus providing sustainable earnings. This is only possible because of the contribution of the audience that is playing the game for the last 5 years. So we are not just FreeToPlay but you can also now GetPaidToPlay on CropBytes</p><p>Know more about service economy: <a href="https://blog.cropbytes.com/cropbytes-get-paid-to-play/">https://blog.cropbytes.com/cropbytes-get-paid-to-play/</a></p><p>We also recentely launched our assets on Polygon as ERC 1155 tokens.</p><p>There is an exciting roadmap planned for Q2 2023 which was announced in the community yesterday.</p><p>Yeap thats just jist of whats been up at CropBytes.</p><p><strong>Serene | Shin Chan: </strong>Very interesting concept. 🔥</p><p><strong><em>Twitter Section Begins:</em></strong></p><p><strong>Q1.</strong></p><p><strong>How #CropBytes guarantees a sustainable economy in the long term? This is one of the great challenges for the GameFi ecosystem. So What strategies have you implemented within the game so that everything works regardless of the crypto market conditions and the value of $CBX token?</strong></p><p><strong>Kevin Sequeira | Cropbytes: </strong>You need the following to ensure this.</p><p>Free to Play: We have introduced a revolutionary new game model in Web3 which is called ‘Get Paid To Play’. It is based on the concept of service economy. Which means players can hire other players and provide jobs in the metaverse thus providing sustainable earnings. This is only possible because of the contribution of the audience that is playing the game for the last 5 years. So we are not just FreeToPlay but you can also now GetPaidToPlay on CropBytes</p><p>This feature is based on the Service economy model which CropBytes has popularised.</p><p>High Liquidity Marketplace: CropBytes uses ERC 1155 SFTs which are easy to own, trade, and store. The CropBytes exchange sees over avg 1 Million trades in the in-game exchange.</p><p>Utility for Assets: The game assets have intrinsic value in the economy. Each asset has in input vs output logic which ties the economy together like a fabric. Eg: The demand for Power in the market drives the value for Solar Panels and Wind Turbines. In turn, change in demand for Solar Panels and Wind Turbines affects the price of Power.</p><p>Fun and Engaging Gameplay: Players love their animals and other assets like in real life. They take good care of their animals and the other assets they own. 💖 We hold our gamers community of hardworking farmers very close and we are dedicated to them as they are to their farms.</p><p><strong>Q2:</strong></p><p><strong>I understand that the payback period is approximately one year, as it is a long term game, do you have plans to accelerate this process in the future?, or make more economical plans for players who do not want to risk too much?, how much time a day should I dedicate to my farm?</strong></p><p><strong>Abhishek Menon | Cropbytes: </strong>Sure il take this one.</p><p>To start off with there is not just one fixed income from the game. It all depends on your business and portfolio management skills.</p><p>Here are some ways you can earn in CropBytes.</p><p>1. Converting extracts: You can convest your farm’s out to CBX</p><p>2. Selling excess produce in the market: If you’re producing more than you consume, you can sell the excess in the market.</p><p>3. Trading: Buy Low! Sell High! CropBytes features a highly liquid marketplace where you can strategize to grow your portfolio.</p><p>4. Gap Trading: This is where strategy comes into play, you can try your hands at Gap Trading after gaining some experience in the market.</p><p>Check this farmer’s video on it: <a href="https://www.youtube.com/watch?v=_zSJL3bpAgY&amp;list=PLRf0u2jIYTXDUv2pyEqMP3B6cTHm0dpit&amp;index=42">https://www.youtube.com/watch?v=_zSJL3bpAgY&amp;list=PLRf0u2jIYTXDUv2pyEqMP3B6cTHm0dpit&amp;index=42</a></p><iframe src="https://cdn.embedly.com/widgets/media.html?src=https%3A%2F%2Fwww.youtube.com%2Fembed%2F_zSJL3bpAgY%3Flist%3DPLRf0u2jIYTXDUv2pyEqMP3B6cTHm0dpit&amp;display_name=YouTube&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3D_zSJL3bpAgY&amp;image=https%3A%2F%2Fi.ytimg.com%2Fvi%2F_zSJL3bpAgY%2Fhqdefault.jpg&amp;key=a19fcc184b9711e1b4764040d3dc5c07&amp;type=text%2Fhtml&amp;schema=youtube" width="854" height="480" frameborder="0" scrolling="no"><a href="https://medium.com/media/c5fcb59d8e0e6fa1a4bb4ae6ffa7ad35/href">https://medium.com/media/c5fcb59d8e0e6fa1a4bb4ae6ffa7ad35/href</a></iframe><p>5. Investing: The value of CropBytes assets since its launch has steadily improved over the years. This is mainly due to the deflationary supply algorithms in the game. An Eagger which was trading at less than $2 in 2020 is now at 12$. This is the case with every asset.</p><p>6. CB Army: The CB Army is a dedicated micro-community within the CropBytes ecosystem. You can make new friends and earn rewards by completing missions.</p><p>7. Community Giveaways: We just love events and campaigns where farmers can win rewards. Make sure to be an active member on our socials and participate in 100s of giveaways that involve social and in-game activities.</p><p>About the second part of the question:</p><p>You need to feed your animals daily as they get hungry and grow crops. This process for a small farm takes only a couple of minutes. But as you grow and learn more about the economy, you can dedicate more time to strategy to maximise your profits.</p><p><strong>Q3:</strong></p><p><strong>product like Carrot, Banana, Apple we can get by farming. So how do we turn these crops we produce into income? Will there be a vegetable or fruit market where we can sell it?</strong></p><p><strong>Kevin Sequeira | Cropbytes: </strong>Yes, every consumable like Feed, Water, Power, Milk, Cow, Etc are tradable in the game exchange.</p><p>You can buy and sell your produce and assets with other players to get returns</p><p>Check out the game exchange: <a href="https://www.cropbytes.com/exchange/cafcbx">https://www.cropbytes.com/exchange/cafcbx</a></p><p><strong>Q4.</strong></p><p><strong>It costs a lot of money to get a lake in the cropbytes space. Does someone who has a lake and is raising crops still need to purchase water, or do the crops get their water needs met by the lake’s water supply? Can a player who owns a lake sell water to other players in smaller?</strong></p><p><strong>Kevin Sequeira | Cropbytes: </strong>Yes, a Lake will be enough for all your water needs. You can also sell the excess Water in the market.</p><p>However, you need to keep in mind that every asset has a fixed input vs output. So if you buy a lot of assets that require Water then you will have to balance the production of Water.</p><p>Check out tis video on the how to get started in CropBytes: <a href="https://www.youtube.com/watch?v=N8z9lJlMK_Y">https://www.youtube.com/watch?v=N8z9lJlMK_Y</a></p><iframe src="https://cdn.embedly.com/widgets/media.html?src=https%3A%2F%2Fwww.youtube.com%2Fembed%2FN8z9lJlMK_Y%3Ffeature%3Doembed&amp;display_name=YouTube&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DN8z9lJlMK_Y&amp;image=https%3A%2F%2Fi.ytimg.com%2Fvi%2FN8z9lJlMK_Y%2Fhqdefault.jpg&amp;key=a19fcc184b9711e1b4764040d3dc5c07&amp;type=text%2Fhtml&amp;schema=youtube" width="854" height="480" frameborder="0" scrolling="no"><a href="https://medium.com/media/98b5c70f738d1e40919416827f8319cd/href">https://medium.com/media/98b5c70f738d1e40919416827f8319cd/href</a></iframe><p><strong>Q5.</strong></p><p><strong>How does the social aspect of CropBytes contribute to the overall gaming experience, and what mechanisms are in place to encourage community building, knowledge sharing, and collaboration among players as they navigate the challenges and opportunities within the crypto farming?</strong></p><p><strong>Abhishek Menon | Cropbytes: </strong>CropBytes game has a strong social aspect that enhances the gaming experience. The game provides mechanisms to promote community building, knowledge sharing, and collaboration among players as they engage with the challenges and opportunities within the world of crypto farming.</p><p>There are community chat rooms where players can communicate and share their experiences. Additionally, players can join CB Army groups to collaborate and grow along with others and win rewards.</p><p>There are also community events where players can participate, showcase their skills and win rewards. Overall, CropBytes game fosters a community that supports and encourages players to grow and succeed in the game.</p><p><strong><em>Telegram Live AMA Begins:</em></strong></p><p><strong>Q6.</strong></p><p><strong>Why do we need to Breed the Superheros? If we Start Breeding these,<br>What will be the main Impact?</strong></p><p><strong>Kevin Sequeira | Cropbytes: </strong>Superheros hold intrinsic value in the game. The first generation of Superheroes provides utility on the farm. Some of them boost the farm’s output, whereas others automate the farm. This is why they are held in high regard by the farmers. Those who own these superheroes are also breeding the next generation of Superheroes which will have their unique abilities and will also be used for PVP battles which we can see by early 2022.</p><p>We have a nice balance of FTs and NFTs in the game economy. While most of the NFT games out there are facing liquidity problems, trades on the CropBytes in-game exchange are always high.</p><p><strong>Q7.</strong></p><p><strong>How has CropBytes positioned itself as a leader in the crypto gaming space, and what specific elements of its game economy set it apart from competitors?</strong></p><p><strong>Abhishek Menon | Cropbytes: <br></strong>- Super easy onboaring<br>- App on iOS, Android &amp; web<br>- Great game play <br>- Sustainable Game economy <br>- Easy to start with minimal investment<br>- Amazing community</p><p><strong>Q8.</strong></p><p><strong>If Farmers Grow🪴 the Crops &amp; They want to sell the Products,<br>Then Who have the Authority to set the Prices of the Products?</strong></p><p><strong>Kevin Sequeira | Cropbytes: </strong>CropBytes exchange is an open marketplace where users can trade by themselves. It is very similar to a crypto exchange.</p><p>Players trade and the last traded price determines the value of the asset for that time period.</p><p>We have a great in game market, check it out:</p><p><a href="https://www.cropbytes.com/exchange/">https://www.cropbytes.com/exchange/</a></p><p><strong>Abhishek Menon | Cropbytes: </strong>The Price of an asset is determined by the players. It is based on demand and supply.</p><p>Check out the game exchage where you can see price determination in action: <a href="https://www.cropbytes.com/exchange/cafcbx">https://www.cropbytes.com/exchange/cafcbx</a></p><p><strong>Q9.</strong></p><p><strong>While reviewing your project, I noticed that Game Assets in CropBytes are a mix of FTs.<br>Could you elaborate on the Utilities of FTs and NFTs in CROPBYTES and the benefits it provides to their owners?</strong></p><p><strong>Abhishek Menon | Cropbytes: </strong>Choosing an economic model is always hard to get right the first time. When CropBytes was starting out, the team had to decide between going the NFT way or the FT way. We made the right choice by going for FTs. This decision has allowed players to freely trade their assets in an order book exchange that in-turn is resistant to global bear markets.</p><p>We can see many Web3 games shutting down or struggling during current bear markets, but CropBytes’ in-game economy holds strong and stands independent due to the liquidity of these FTs.</p><p>Because NFTs are unique, they are meant to be used to store limited collections of digital assets, for example, a piece of digital art. They are not meant to store large quantities of the same asset, for instance, cows in a farming simulator.</p><p>Imagine having 30 cows on a players’ farm, all stored as NFTs. Developers will now need to store the ID of each individual NFT to map to the player.</p><p>Further, this makes it hard to enable high frequency trading on the asset, since each cow would have to be individually listed on a marketplace. Players or traders wishing to purchase cows would have to make individual purchases.</p><p>These are some of the problems fungible tokens solve.</p><p>Since all units of a fungible token are the same, the only metric that requires it to be measured is the count of the token per owner.</p><p>Taking the above example of cows in a market, a player can quickly list some or all of their 30 cows in a single listing, while users looking to purchase cows no longer have to buy them individually.</p><p><strong>Q10.</strong></p><p><strong>I am Pro Players, So I Want to Understand More About this Platform, So Do you <br>have any YOU TUBE VIDEO regarding GAMEPLAY, Trailer and Tutorial So the we Can Watch it And Understand Easily ?</strong></p><p><strong>Kevin Sequeira | Cropbytes: </strong>Yes, you can find tutorials on Youtube as well</p><p><a href="https://www.youtube.com/watch?v=KZWJDlZFkLI&amp;list=PLRf0u2jIYTXCQkNZKSAuRi3DfwyzcFkHD">https://www.youtube.com/watch?v=KZWJDlZFkLI&amp;list=PLRf0u2jIYTXCQkNZKSAuRi3DfwyzcFkHD</a></p><iframe src="https://cdn.embedly.com/widgets/media.html?src=https%3A%2F%2Fwww.youtube.com%2Fembed%2FKZWJDlZFkLI%3Flist%3DPLRf0u2jIYTXCQkNZKSAuRi3DfwyzcFkHD&amp;display_name=YouTube&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DKZWJDlZFkLI&amp;image=https%3A%2F%2Fi.ytimg.com%2Fvi%2FKZWJDlZFkLI%2Fhqdefault.jpg&amp;key=a19fcc184b9711e1b4764040d3dc5c07&amp;type=text%2Fhtml&amp;schema=youtube" width="854" height="480" frameborder="0" scrolling="no"><a href="https://medium.com/media/c4eae43554d1ad68b6b7bce07626a0c2/href">https://medium.com/media/c4eae43554d1ad68b6b7bce07626a0c2/href</a></iframe><p><strong>Q11.</strong></p><p><strong>What do people need to start playing CropBytes? How does CropBytes ensure that new players are onboarded smoothly and are able to navigate the complexities of the game’s economy?</strong></p><p><strong>Abhishek Menon | Cropbytes: </strong>Getting started in CropBytes is super easy: <br>- Sign up using this link to get 7 days of free trial assets:<a href="https://cropbytes.com/invite/BA215C">https://cropbytes.com/invite/BA215C</a> <br>- You do not need to connect a wallet. The CropBytes team takes care of your wallet for you. <br>- This is a game of strategy, so understanding the gameplay is very important. Check these playlist to know about it: <br><a href="https://www.youtube.com/watch?v=S_BIIKgA1S8&amp;list=PLRf0u2jIYTXAMGo_L8co-wyi8ekSM6r9t&amp;index=4">https://www.youtube.com/watch?v=S_BIIKgA1S8&amp;list=PLRf0u2jIYTXAMGo_L8co-wyi8ekSM6r9t&amp;index=4</a> <br><a href="https://www.youtube.com/watch?v=N8z9lJlMK_Y&amp;list=PLRf0u2jIYTXAMGo_L8co-wyi8ekSM6r9t&amp;index=3">https://www.youtube.com/watch?v=N8z9lJlMK_Y&amp;list=PLRf0u2jIYTXAMGo_L8co-wyi8ekSM6r9t&amp;index=3</a></p><p>Latest tutorials: <a href="https://www.youtube.com/watch?v=u-_eDXT_BFk&amp;list=PLRf0u2jIYTXCQkNZKSAuRi3DfwyzcFkHD">https://www.youtube.com/watch?v=u-_eDXT_BFk&amp;list=PLRf0u2jIYTXCQkNZKSAuRi3DfwyzcFkHD</a></p><p>Most importantly, pls join the CropBytes community, they are the ones who will be doing business with. So it’s important to understand the people there: <a href="https://t.me/cropbytes">https://t.me/cropbytes</a></p><p><strong>Q12.</strong></p><p><strong>You are Working from More than 4 Years with Cropbytes,<br>How many Total Regular users are Playing on Your Platform?<br>What Other Experiences You want to share?</strong></p><p><strong>Abhishek Menon | Cropbytes: <br></strong>We have over 750K Sign ups <br>Over $19 Million Assets Marketcap<br>Over 1 Million Avg Monthly trade volume In-Game <br>Over 15K Daily Active users<br>Over 200K tradable asset holders.</p><p><strong>Q13.</strong></p><p><strong>Can you explain what is OTC PACK and how is it useful to users in the platform?</strong></p><p><strong>Kevin Sequeira | Cropbytes: </strong>It consists of assorted animals, assets &amp; supplies so the user has all he needs.</p><p>OTC pack is aimed at users who would like to start off big.</p><p>These are also discounted and are very limited. <br>Check out the blog for more: <a href="https://blog.cropbytes.com/limited-time-otc-packs/">https://blog.cropbytes.com/limited-time-otc-packs/</a></p><p><strong>Q14.</strong></p><p><strong>Can you list 1–3 killer features of Your Project that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about?</strong></p><p><strong>Abhishek Menon | Cropbytes: </strong>The game’s balanced real-life economy is what sets it apart from all the crypto games in the market.</p><p>CropBytes has a perfect mix of fungible and nonfungible tokens (NFTs) while most other games today are focused only on NFTs. This solves multiple issues around liquidity, ultimately contributing to the game’s growth and development.</p><p>CropBytes market has gone through multiple market cycles refining the economics and bringing stability.</p><p><strong>Q15.</strong></p><p><strong>What are the benefits of integration in Polygon blockchain? Why did you decide to integrate polygon chain?</strong></p><p><strong>Kevin Sequeira | Cropbytes: </strong>CropBytes assets being on Polygon benefits both platfiorms</p><p>Users on Polygon will have access to CropBytes assets!</p><p>CropBytes assets will have wider reach by being part of Polygon ecosystem</p><p>Holders of the assests will be able to use any compatible protocol with their asset bring further functionality.</p><p>Polygon does this while keeping transaction fees lower comparde to other chains</p><p>-End-</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=8aaeb8d67a39" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[Acta Finance AMA Summary Recap with Shin Chan Community]]></title>
            <link>https://shinchanieoalerts.medium.com/acta-finance-ama-summary-recap-with-shin-chan-community-cf02fdcc3b0f?source=rss-1c9cc78464da------2</link>
            <guid isPermaLink="false">https://medium.com/p/cf02fdcc3b0f</guid>
            <dc:creator><![CDATA[Shinchanieoalerts]]></dc:creator>
            <pubDate>Mon, 03 Apr 2023 15:14:44 GMT</pubDate>
            <atom:updated>2023-04-03T15:14:44.272Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*Dm3gV0hOjnkX403psX2v7w.png" /></figure><p>We held a live AMA with <strong>Head of Marketing, Maccie Paquette</strong> on 3rd April 2023 10:00 PM (UTC+8). Here’s the recap for those who missed it.</p><p><strong>JH | Shin Chan: </strong>Before the ama start, can you please Introduce yourself and Acta Finance?</p><p><strong>Maccie Paquette: </strong>Absolutely! I am the Head of Marketing at Acta Finance and am responsible for really everything that has to do with our marketing strategy. I do a lot of our content writing, create our banner designs and graphics, assist with all of our recurring content and creative series such as our Partner Spotlights and Tutorial videos, I host our weekly Discord Stage Show- Acta Non Verba, and run our community growth initiatives.</p><p>My marketing style can be summarized in four words: Strategize, structure, schedule, and execute.</p><p>That said, I’m just a small piece of the puzzle. We have incredible developers working behind the scenes to make our platform truly phenomenal.</p><p>We have KOL manager who does so many crucial organizational tasks to make sure our whole network of partners, KOLs and investors are all working together.</p><p>We have our lawyer who is endlessly striving to ensure we are aware of and abiding by legislation so that we don’t encounter future issues.</p><p>And of course, we have our Founder and CEO Christof Waton who steers the entire ship and has been working tirelessly and with every department, offering his expertise and guidance.</p><p>I’ve never met a more passionate person in this industry (and after working for a VC where I met with and got to know hundreds of different founders and CEOs, that’s really saying a lot.)</p><p>We’re all so proud and excited about our progress and it’s wonderful to get to share that with all of you.</p><p>Acta Finance: There is so much I can say but I’ll try to summarize it into the most important points</p><p>Acta Finance is a DeFi ecosystem that aims to empower individuals and organizations to take control of their financial futures and make informed decisions that drive positive change.</p><p>With a focus on transparency, security, and accessibility, Acta Finance is building a decentralized financial ecosystem that introduces many centralized features for the first time on-chain to fight manipulation, corruption, and abuse of passive earning features.</p><p>We are bringing true innovation and utility to the DeFi.</p><p>Acta Finance brings a complete DeFi Suite, with multiple DeFi products and introduces features, that incentivize user activity and user base growth, for the first time on-chain.</p><p>The MVP that we are releasing on launch is:</p><p>✅- ActaFi Swap (active liquidity, like uniswap v3 / Traderjoe Liquidity Book)<br>✅- ActaFi DAO Program<br>✅- Referral Program<br>✅- Address Milestones (referrals and trading volume)<br>✅- Staking<br>✅- Farming<br>✅- wNFT (Launch incentive, locked staking at high yield)</p><p>Post Launch we will continue development by upgrading the liquidity aggregator to aggregate active liquidity pools.</p><p>✅-Build an RFQ Model<br>✅-Build P2P Lending<br>✅-Margin Trading<br>✅- Launchpad</p><p>So a ton of big plans, and more than what I’ve just listed but I think that’s a pretty thorough breakdown ;)</p><p><strong>JH | Shin Chan: </strong>thank you for introduce yourself, team and Acta Finance. it is like cover all the thing in defi 🔥🔥</p><p><strong>Maccie Paquette: </strong>Exactly. Our CEO saw the gap in the industry</p><p><strong>JH | Shin Chan: </strong>really awesome 💯</p><p><strong>Maccie Paquette: </strong>And wanted to fill it. Thank you! We’re all very proud and excited.</p><p><strong>JH | Shin Chan: </strong>it’s great to know all of these from you🚀 Let’s rock Acta!</p><p>Beside that, do you have any news or update from Acta Finance would like to share with us?</p><p><strong>Maccie Paquette: </strong>haha thank you! And yes definitely</p><p>There is still a lot to do from the development side, however, our main goal right now is to launch ACTA token successfully.</p><p>As your community might be aware, Acta Finance is the first project to utilize our DAO to decide whether token should go to market. On February 22, 2023 it was decided by DAO voting that ACTA token is going to the market this year in Q1 ( WHICH MEANS VERY VERY SOON)!!!!</p><p>This is very exciting news for our team and also a lot of work ahead. All of us are working at full capacity to prep for TGE as we strive to lock in exact dates and other specifics.</p><p>Acta Finance’s next big step is performing successful launch and following our listing roadmap:</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*YGQiY1sIsM5bX72g9Vm4zw.png" /></figure><p>A couple other updates that I think are really important to mention are that we have just started releasing Tutorials about our various products, for example last Thursday we released our Staking Tutorial in both written and Video forms:</p><p>Video: <a href="https://twitter.com/ActaFi/status/1641502864332709901">https://twitter.com/ActaFi/status/1641502864332709901</a><br>Article: <a href="https://twitter.com/ActaFi/status/1641862032323678209">https://twitter.com/ActaFi/status/1641862032323678209</a></p><p>We’re hoping that by giving our community the resources the need to know how to navigate our platform in advance of TGE, it will really encourage them and build confidence to truly explore and utilize it to their own benefit</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*eVEBqBObfsKG1eDNTKAvBQ.png" /></figure><p>2nd thing: We’ve just joined Link3 and have tied it to our Discord Stage sessions which allows our community to gain NFTs just for joining us on the sessions. Our next one is this Thursday so we’d love to invite all of you to join us there: <a href="https://link3.to/e/ENl201">https://link3.to/e/ENl201</a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*r1riM64QQ4ryytpW0Zgj8g.png" /></figure><p>Final thing to mention is that we launched a Crew3 competition just over a month ago (now they have just rebranded to Zealy). We’ve gone through some changes with it and will be releasing all new details on our Thursday session so come by and learn how to get involved and collect some rewards. ❤️</p><p><strong><em>Telegram Live AMA Begins:</em></strong></p><p><strong>Q1. The DeFi field is full of many projects, all of which provide functions such as lending,staking,borrowing, yield farming and liquidity on multiple platforms. As we all know, marketing is essential for every project. What makes Acta Finance special compared to other competitors?</strong></p><p><strong>Maccie Paquette: </strong>I like this one a lot because as you mention, in such an oversaturated market, sometimes it’s tough to see what really makes one project stand out against the crowd. That said, Acta Finance IS that standout!</p><p>As I mentioned earlier, our Founder/CEO Christof Waton saw a gap in the industry. There were many DeFi platforms but non offering everything and none so intricately thought out to allow for one aspect of the ecosystem to directly affect and positively impact other parts of it</p><p>The impact we would like to have is that we bring a new DeFi standard with incentives FOR THE PEOPLE.</p><p>I know a lot of projects say that as well, but here’s just part of the reason why we stand by those words (Acta Non Verba — Deeds not Words)</p><p>There is no DeFi ecosystem out there with a proper referral program, and definitely not on-chain.</p><p>There is no DeFi ecosystem offering rewards for userbase growth and activity (address milestones)</p><p>Currently DeFi products are limiting themselves to single products, in place of taking the long development path and bringing a complete ecosystem.</p><p>THAT COMPLETE ECOSYSTEM is what Acta Finance is building with our launch on Avalanche. Shortly after launch, we will deploy on Arbitrum, BSC, Polygon, Eth.</p><p><strong>Q2: 1. There are other projects doing the similar things like Acta Finance is doing. Can you name one thing that Acta Finance do differently from the other projects?</strong></p><p><strong>2. Do you see other projects as your competitors or you see them as your peers to grow and work together (if there is opportunity)?</strong></p><p><strong>Maccie Paquette: </strong>I answered the first half of this question in my previous answer but I still believe the 2nd half to be worth addressing — “2. Do you see other projects as your competitors or you see them as your peers to grow and work together (if there is opportunity)?”</p><p>We at Acta Finance, ABSOLUTELY believe in working together to drive innovation industry wide.</p><p>We actually have some upcoming partnerships that we will be announcing that may surprise some of you because to most other people, they would see those entities as competitors. But let me as you this… When did competition make anyone weaker? It doesn’t. You work hard you try harder. You share knowledge with one another and see which parts each company thrives most with.</p><p>We are very grateful for the competition and it’s our close relationships with them that have allowed each of us to grow and become better versions for the benefit of all of our shared communities.</p><p><strong>Q3: Community support is one of the biggest aspects of a project’s success, Most projects have programs that interact with their users, Does Acta Finance have any special plans to attract and expand the community and improve the user experience?</strong></p><p><strong>What are the advantages and utilities of ACTA token will be within the Acta Finance ecosystem?</strong></p><p><strong>Maccie Paquette: </strong>This is a great question.</p><p>We are very passionate about our community and take several measures to make sure we are addressing their needs and attracting new members.</p><p>1. The first thing is we have awesome moderators. Our moderators are there to answer as many questions as possible and assist our community members with their questions or concerns.</p><p>2. Our CEO is VERY responsive. Although he is extremely busy, he makes time each week to check in with the community and answer any questions that are more specific and sensitive. He works so hard behind the scenes but if always willing to step onto the front lines to make sure our community feels heard. We try to do at least one exclusive internal AMA with him per month in our Telegram community channel: <a href="https://t.me/ActaFi_Official">https://t.me/ActaFi_Official</a></p><p>3. We have our competitions, videos, community conversations, games and activities. There are tons of ways to get involved and stay entertained with us</p><p>And finally:</p><p>The ACTA Token will have 5 utilities:<br>✅- DAO Program<br>✅- Referral Program<br>✅- Gas fee<br>✅- Lending<br>✅- Launchpad</p><p>👌👌👌👌👌👌👌</p><p><strong>Q4: On your Roadmap Q1 2023,you plan to launch an Advertising campaign. So,can you tell us what kind of Advertising campaign you will engage? How would you attract more users and investors? As a new project, how would you fund this advertising campaign?</strong></p><p><strong>Maccie Paquette: </strong>This is a great question because although an “Advertising campaign” may sound pretty straightforward, it’s deeply layered</p><p>1st Layer: Internal advertising — This layer focuses on information and education. Providing our community (both current and future) with the material they need to TRULY understand Acta Finance and be able to decide whether they believe in us or not.</p><p>2nd Layer: Partners/KOLs — Reigniting our partner communities to remind them that Yes, Acta Finance (unlike so many other projects) actually not only survived the bear market, but KEPT DEVELOPING throughout the whole duration. These efforts vary from having our videos/series/breaking news and of course AMAs with their communities, to inviting the founders and leaders into our own Acta Non Verba and Partner Spotlight series so that OUR community can learn about the too.</p><p>again, working together</p><p>The third thing is we are running our airdrop competition that I mentioned earlier. Yes, this does attract some bountyhunters, but within that crowd there are also so many incredible and genuine people who we hope to get to showcase our platform too by having them participate in the competition quests</p><p>4th Is straightforward PR- advertising through strategic pres releases</p><p>and 5th: we have a HUGE group of Youtube KOLs ready to push our project out once we confirm exact details around our launch</p><p>In terms of the budget — I personally believe our CEO is a genius — and of course, he has accounted for these costs in advance as well as curated our CAP Table so strategically that a lot of the advertising we need is actually pledged to us already</p><p>There is always more taht can be done, but we have a pretty confident handle and are pleased with the positive reception across the board so far.</p><p><strong>Q5: Can you explain the benefits or holders of the Acta Finance wNFT NFT and where can I read more about Acta Finance to get to know the Acta Finance ecosystem?</strong></p><p><strong>Maccie Paquette:</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*g0HztsLKErHa2aY1nDW7_w.png" /></figure><p>This is a great question and we will actually be releasing a new Youtube Tutorial/explainer on our innovative wNFTs in two weeks. The ActaFi wNFTs will be a TGE incentive to reward early ACTA adopters.</p><p>To get started you will deposit your tokens to the staking pool.</p><p>Your stake will be wrapped in an NFT that you can sell at any time.</p><p>Unwrap the NFT to claim the stake and rewards when the lock-up ends.</p><p>Something really amazing about our wNFTs is that they will be in limited quantities (again, reward early adopters) but they also have very high APR/APY (25% &amp; 35%).</p><p>The best place to learn more is in our TG community channel, that said, for wNFT specific info you can check out this article:<br><a href="https://actafi.org/news/introducing-the-acta-wrapped-nfts">https://actafi.org/news/introducing-the-acta-wrapped-nfts</a></p><p>And stay tuned with us for our Youtube Tutorial. Here’s the channel for those of you who are video buffs: <a href="https://www.youtube.com/@ActaFinance">https://www.youtube.com/@ActaFinance</a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1012/1*7DIxgA1fvM5KEnp4F2W64Q.png" /></figure><ul><li><strong><em>End</em></strong></li></ul><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=cf02fdcc3b0f" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[OasysAMA Summary Recap with Shin Chan Community]]></title>
            <link>https://shinchanieoalerts.medium.com/oasysama-summary-recap-with-shin-chan-community-20f80c9d2a45?source=rss-1c9cc78464da------2</link>
            <guid isPermaLink="false">https://medium.com/p/20f80c9d2a45</guid>
            <dc:creator><![CDATA[Shinchanieoalerts]]></dc:creator>
            <pubDate>Thu, 13 Oct 2022 14:02:59 GMT</pubDate>
            <atom:updated>2022-10-13T14:02:59.147Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*6LxMml58FOuvGyVZznEaYQ.jpeg" /></figure><p>We held a live AMA with <strong>Representative Director, Ryo Matsubara;</strong> <strong>Marketing lead, Kokushi and Head of Game Alliance, Dominic at Oasys</strong> on 13 October 9:00 PM (UTC+8). Here’s the recap for those who missed it.</p><p><strong>Serene | Shin Chan: </strong>Before the ama start, please Introduce yourself and your Oasys.</p><p><strong>Ryo Matsubara | Oasys: </strong>Hi everyone , I’m Ryo. I’m representative director of OASYS</p><p><strong>Kokushi | Oasys: </strong>I’m PM/Marketing lead of Oasys :)</p><p><strong>Dominic | Oasys: </strong>I’m Head of Game Alliance at Oasys.</p><p><strong>Ryo Matsubara | Oasys: </strong>Oasys is Layer 1 “blockchain for game” project</p><p>As a blockchain game developer , our team have published MyCryptoHeroes since 2018, <br>So Oasys is an environment that we wanted use as a developer as well.</p><p><strong>Dominic | Oasys: </strong>Just adding on top of what Ryo described,</p><p>Oasys is a double-layered architecture with L1 (“Hub-Layer”) and many L2s (“Verse-Layers”). Oasys is a game-focused / UX-optimized (zero gas fee for players) blockchain designed as a home for next gen BCG contents.<br>With mass adoption at its heart (and mine too) and every decision-making focused on achieving the ultimate goal (collab-ing with ConsenSys to develop MetaMask for games, native to Oasys).<br>Our chain structure allows distribution of game transactions, often heavy in volume, and instant transaction speed.<br>We are Global gaming alliance ecosystem backed by strong game giants and Web3 institutions.</p><p><strong>Ryo Matsubara | Oasys: </strong>Since 2018, we’ve been ranked as TOP blockchain game for 1.5 years till just before DeFi summer in 2020.<br>Suddenly, Ethereum gas fee became very high, we couldnt continue to use Ethereum for gaming NFT.</p><p>We explored new platform , then we ‘ve tested other solution like other EVM side chain,<br>Ethereum’s L2 environment, EVM private chain, non — evm chain .</p><p>But Each solution had pros and cons.<br>Then we started building new solution.</p><p><strong>Serene | Shin Chan: </strong>Do you have any recent or updated Oasys news you’d like to share with our community?</p><p><strong>Dominic | Oasys: </strong>I have few recent news regarding Oasys as below:</p><p>Announcement of SEGA’s First Blockchain Game in collaboration with double jump.tokyo on Oasys (HOME-Verse)</p><p><a href="https://twitter.com/oasys_games/status/1574745868678283265?s=20&amp;t=raqlNlbZxHwYBSnzLQE4mw">https://twitter.com/oasys_games/status/1574745868678283265?s=20&amp;t=raqlNlbZxHwYBSnzLQE4mw</a></p><p>Announcement of 4 Game Titles (Granted Titles)<br>👉Trouble Punk: Cybergalz by Catze Labs<br>👉Sheep Farm by Nightingale Interactive<br>👉Reign of Terror by Red Door Digital<br>👉SkyArk Chronicles by SkyArk Chronicles Holdings &amp; Umiverse.io</p><p><a href="https://twitter.com/oasys_games/status/1574584495621042177?s=20&amp;t=7lcaA2_Piy2BZMdNgDJRVA">https://twitter.com/oasys_games/status/1574584495621042177?s=20&amp;t=7lcaA2_Piy2BZMdNgDJRVA</a></p><p>Announcement of HOME-Verse (DJT’s L2 on Oasys)</p><p><a href="https://twitter.com/homeverse_games/status/1574718405675843584?s=20&amp;t=7lcaA2_Piy2BZMdNgDJRVA">https://twitter.com/homeverse_games/status/1574718405675843584?s=20&amp;t=7lcaA2_Piy2BZMdNgDJRVA</a></p><p>You can visit below links and follow our socials.</p><p>- Web site : <a href="https://www.oasys.games/">https://www.oasys.games/</a><br>- Twitter : <a href="https://twitter.com/oasys_games">https://twitter.com/oasys_games</a><br>- Medium : <a href="https://medium.com/@oasys">https://medium.com/@oasys</a><br>- White Paper &amp; Technical Material : <a href="https://docs.oasys.games/">https://docs.oasys.games/</a></p><p><strong><em>Twitter Section Begins:</em></strong></p><p><strong>Q1. </strong>In the Oasys ecosystem, will Gamers and Developers be able to leverage blockchain to create multi-platform and cross-game portability of in-game purchases and skins? Also, is it possible for the gaming community to make seamless transactions within the ecosystem?</p><p><strong>Ryo Matsubara | Oasys:</strong></p><p><strong>I believe that the use of NFTs beyond games and companies will be required in the future.<br>Since ERC721 is not sufficient, we believe that standardization of metadata would be required for mutual use of NFTs</strong></p><p><strong>And, although it is still in the idea stage, I believe that OASYS, which is supported by many game companies can authorize it.</strong></p><p><strong>Q2. </strong>I found out that Oasys is introducing “Oasys Architecture” which will be available to game developers. <br>Can you explain more about Oasys Architecture? And can you share any Architectural features that will make Game development easier for Developers?</p><p><strong>Ryo Matsubara | Oasys:</strong></p><p><strong>It is the same as the existing environment in terms of having NFT and FT, but it removes barriers for users in terms of gas costs and speed. In addition, having your own Layer 2 allows you to have more control over your IP.</strong></p><p><strong>Q3. </strong>You announced that apart from Japanese game giants SEGA and Bandai Namco, Square Enix has also joined the node validator at Oasys.<br>What will working with important brands add to your brand value?</p><p><strong>Ryo Matsubara | Oasys:</strong></p><p><strong>As a public blockchain, trust is the most important element. Existing blockchains cover such with large market caps (to prevent 51% attack). We are a later comer and we are utilizing the credibility of gaming partners who are validating our nodes. Of course they are also incentivized to build and deploy their own games as stakeholders of our ecosystem!</strong></p><p><strong>Q4. </strong>More people want games that are truly “fun to play” than just the hustle for tokens. Is Oasys more want to create the next future [game] not for revenue?</p><p><strong>Ryo Matsubara | Oasys:</strong></p><p><strong>Of course we are releasing fun games! We view that the existing P2E games depend its raison d’etre too much on price of tokens. Obviously token price depends heavily on demand and supply and demand and demand factor depends too much on “hype”.<br>Game should be fun and should create proper demands like appealing characters and items. It’s highly important for everyone in our ecosystem to create an environment to be able to create genuinely fun games.</strong></p><p><strong>Q5. </strong>I was able to find that Oasys has recently partnered with TofuNFT, an interesting multi-chain NFT marketplace. What exactly was the objective of this partnership? What do you hope to achieve in terms of NFT with this other project?</p><p><strong>Ryo Matsubara | Oasys:</strong></p><p><strong>As Oasys has multi L2 on Oasys L1, It’s better to have multi-chain NFT marketplace rather than putting NFT market place on specific L2 or L1.</strong></p><p><strong><em>Telegram Live AMA Begins:</em></strong></p><p><strong>Q6. </strong>A Really Different and Interesting Name , May I know the Meaning of “OASYS” , I Hope There Must be Some Interesting Meaning of this Name</p><p>Can You Please Share Your View about this Name ?</p><p><strong>Ryo Matsubara | Oasys:</strong></p><p><strong>Name of OASYS comes from Oasis of Ready player one . but this is “sys”tem support that metaverse . then it is OASYS</strong></p><p><strong>Q7.</strong> You Have Said that The core team of the Oasys project has been working on blockchain games and NFTs since 2018</p><p>Would You Please tell us More about the CORE TEAM of OASYS Project and What are the Main Achievements of yours</p><p>Ans In this Long 4 Years , What are your Major Achievements ?</p><p><strong>Ryo Matsubara | Oasys:</strong></p><p><strong>World №1 DAU, Sales , number of users for 1.5 years till before Defi summer<br>Sold 27,000ETH gaming NFTs</strong></p><p><strong>Q8.</strong> Multiple chains, including Polygon, BSC, and Solana, have a wide variety of games. What distinguishes Oasys from these other block chains in terms of the gaming experience?</p><p><strong>Kokushi | Oasys：</strong></p><p><strong>Oasys has optimized everything for gaming including doubled layer architecture, backers. Obiously it would be different from other chain such as BSC :)</strong></p><p><strong>Q9</strong>. The initial offline seminar was effectively brought out by Oasys in Koreans. Which was the primary goal of holding this conference? How might securing a dominant position in Asian markets benefit you? Are you going to keep hosting these events?</p><p><strong>Ryo Matsubara | Oasys:</strong></p><p><strong>Actually we also did an online seminar targeting Japanese game developers a day before the event in Seoul, as you mentioned. The objective of our seminars is to introduce about Oasys to game devs in those markets and attract to our ecosystem. We are obviously holding more events to attract and meet more game developers from all around the world. We also host game pitch events where we could also meet and connect with talented game devs. <br>Japan is obviously our home market and a strong game market. Korea is a market you can never ignore when it comes to gaming. We have partners of great reputation in both markets and those markets require localized communication. We are also expanding our efforts to other regions in both Asia and non-Asian regions!</strong></p><p><strong>Q10. </strong>Where can i get project’s INFORMATIONS the earliest?</p><p><strong>Ryo Matsubara | Oasys:</strong></p><p><strong>Dicord , Twitter and our website!</strong></p><p><strong>Q11. </strong>There exist gamer enthusiasts in all parts of the world, so does Oasys considered expand its frontiers to other countries apart of Japan? Would you like to create any ambassador or multi-language channels to interact with more game developers?</p><p><strong>Dominic | Oasys:</strong></p><p><strong>Of course we do not stick to Japanese market. From day1 we have always been a global project. <br>There are strategically important markets which requires multi-language channels and we are expanding our global foot prints where relevant! <br>Take a closer look on where we are going next time! 🚀</strong></p><p><strong>Q12.</strong> I read that Your Core Team Members are in this Space from 2018,<br>It Means, they are so Experienced,<br>Other than Oasys,<br>On What Projects, they have Worked? <br>Can You Tell?</p><p><strong>Kokushi | Oasys：</strong></p><p><strong>I was a one of initial member of doublejump.tokyo, which developed My Crypto Heroes on 2018. Back then we had been runnning top in terms of DAU and trading volume until 2020. This is just an exmaple but yeah we are very experienced in gaming, traditional finance, blockchain.</strong></p><p><strong>Q13. </strong>Since Oasys team from Japan and Gaming industry in Japan is mature, do you have any planning to collaborate with some famous Game Developer or Animation in future?</p><p><strong>Kokushi | Oasys：</strong></p><p><strong>Of course. Japan is rich in culture that has a good fit for gaming contents. We are talking to so many partners who will help us deliver exciting contents to the global community.</strong></p><p><strong>Q14.</strong> If Anyone wants to Become Validator on OASYS Platform then How mlMuch token they have to Hold for it?</p><p><strong>Dominic | Oasys :</strong>10 million $OAS tokens!</p><p><strong>Q15.</strong> Give me your top 3 features why investors should invest in your project and play your game?</p><p><strong>Ryo Matsubara | Oasys:</strong></p><p><strong>1.Clear track record 2.Sophisticated solution 3. Giant onbording capabilites</strong></p><ul><li><strong><em>End</em></strong></li></ul><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=20f80c9d2a45" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[Zebec Protocol AMA Summary Recap with Shin Chan Community]]></title>
            <link>https://shinchanieoalerts.medium.com/zebec-protocol-ama-summary-recap-with-shin-chan-community-6fd5e3168499?source=rss-1c9cc78464da------2</link>
            <guid isPermaLink="false">https://medium.com/p/6fd5e3168499</guid>
            <dc:creator><![CDATA[Shinchanieoalerts]]></dc:creator>
            <pubDate>Fri, 07 Oct 2022 13:45:14 GMT</pubDate>
            <atom:updated>2022-10-07T13:45:14.239Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*3HEM3WYp9LmE7XtAwU99wg.png" /></figure><p>We held a live AMA with <strong>Community Lead, Ayush from Zebec Protocol </strong>on 7th October 2022 at 09:00 PM(UTC+8). Here’s the recap for those who missed it.</p><p><strong>Introduction</strong></p><p><strong>JH | Shin Chan: </strong>Could you please introduce yourself and Zebec Protocol in details??</p><p><strong>Ayush: </strong>So it’s me Ayush, Community Lead at Zebec Protocol. I have learned and experienced tremendously while working over several years on marketing, sales and public relations. I have been close with technology, and have gained variety of experience from being a application developer to a Community Manager at Zebec.</p><p>Talking about our project Zebec, Zebec is a continuous settlement protocol built on Solana with the aim of transforming how money moves on blockchain. We here at Zebec are building a revolutionary DeFi technology that empowers real-time, frictionless and continuous streams of payments. Zebec currently offers Multisig Treasury Management and Payroll solutions to Web3 projects gaining mass adoption rapidly. We have also launched our own token $ZBC which is currently traded in many major exchanges. We are also launching our own L1 chain.</p><p>📌 Zebec Protocol social media links<br>Website- <a href="https://zebec.io/media-kit">https://zebec.io/media-kit</a> (<a href="https://zebec.io/media-kit">https://zebec.io/media-kit</a>)<br>Twitter — <a href="https://twitter.com/Zebec_HQ">https://twitter.com/Zebec_HQ</a> (<a href="https://twitter.com/Zebec_HQ">https://twitter.com/Zebec_HQ</a>)<br>Telegram — <a href="https://t.me/zebecprotocol">https://t.me/zebecprotocol</a> (<a href="https://t.me/zebecprotocol">https://t.me/zebecprotocol</a>)<br>Discord — <a href="https://discord.gg/fJM9cHuvvB">https://discord.gg/fJM9cHuvvB</a> (<a href="https://discord.gg/fJM9cHuvvB">https://discord.gg/fJM9cHuvvB</a>)</p><p><strong>JH | Shin Chan: </strong>What’s the motivation for starting Zebec Protocol ?</p><p><strong>Ayush: </strong>The usual method of receiving pay at the end of the month or after a set time frame has always bothered us, and we at Zebec are committed to changing that. The thought of receiving money to your wallet continuously as you are working is fascinating, and we want to make it a reality. We also provide Multisig treasury to keep your hard-earned money safe and secure from various attacks happening in the Web3 ecosystem.</p><p>📌 Zebec Protocol social media links<br>Website- <a href="https://zebec.io/media-kit">https://zebec.io/media-kit</a><br> (<a href="https://zebec.io/media-kit)Twitter">https://zebec.io/media-kit)Twitter</a> — <a href="https://twitter.com/Zebec_HQ">https://twitter.com/Zebec_HQ</a> <br>Telegram — <a href="https://t.me/zebecprotocol">https://t.me/zebecprotocol</a><br> (<a href="https://t.me/zebecprotocol)Discord">https://t.me/zebecprotocol)Discord</a> — <a href="https://discord.gg/fJM9cHuvvB">https://discord.gg/fJM9cHuvvB</a></p><p><strong>JH | Shin Chan: </strong>Token economics is essential to a project. Could you introduce the token economics of Zebec?</p><p><strong>Ayush: </strong>$ZBC token is integrated within the Zebec ecosystem with it being used as fees. Revenue generated from 0.25% fees on every withdrawals/cancels off every transaction in continuous settlement protocol and 0.25% fees on every withdrawals from Multisig will be used in burning token. $ZBC has been listed in various major exchanges such as OKX, Gemini, KuCoin, Huobi, ByBit, etc. and is currently traded in high volume.</p><p>Read the Tokenomics here: <a href="https://t.co/IwKnEjGqhD">https://t.co/IwKnEjGqhD</a> (<a href="https://t.co/IwKnEjGqhD">https://t.co/IwKnEjGqhD</a>)<br>$ZBC in CoinMarketCap: <a href="https://coinmarketcap.com/currencies/zebec-protocol/">https://coinmarketcap.com/currencies/zebec-protocol/</a> (<a href="https://coinmarketcap.com/currencies/zebec-protocol/">https://coinmarketcap.com/currencies/zebec-protocol/</a>)</p><p>📌 Zebec Protocol social media links<br>Website- <a href="https://zebec.io/media-kit">https://zebec.io/media-kit</a><br> (<a href="https://zebec.io/media-kit)Twitter">https://zebec.io/media-kit)Twitter</a> — <a href="https://twitter.com/Zebec_HQ">https://twitter.com/Zebec_HQ</a> <br>Telegram — <a href="https://t.me/zebecprotocol">https://t.me/zebecprotocol</a><br> (<a href="https://t.me/zebecprotocol)Discord">https://t.me/zebecprotocol)Discord</a> — <a href="https://discord.gg/fJM9cHuvvB">https://discord.gg/fJM9cHuvvB</a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*OPz4Gs6frgOLI3ZDBYn1qg.png" /></figure><p><strong>JH | Shin Chan: </strong>great to see most of the major exchange list $ZBC</p><p>⛵️Trade Zebec Protocol at <a href="https://www.okx.com/en-in/trade-spot/zbc-usdt">https://www.okx.com/en-in/trade-spot/zbc-usdt</a></p><p><strong>JH | Shin Chan: </strong>my next question<br>Can you mention more about Operation Horizon and share detail about how many nodes would be shared in what ways?</p><p><strong>Ayush: </strong>We are soon launching our own chain to help scale Zebec and that is Operation Horizon. Operation Horizon brings us a payment-focused layer 1 built by the community and sustained by the community, building an independent, highly efficient, and safe network. Apart from the high transaction speed of 700,000 TPS and enabling a multi-chain infrastructure for Solana dApps to go multichain since day 1. Zebec’s recent announcement on cross-chain expansion to BNB is only the first step of Operation Horizon.</p><p>The first 288 “Zepoch” nodes, which Zebec will use to incentivize early participants in the Zebec Ecosystem, will be available to users with more than 1,888,888 ZBC tokens. Users who’ve locked 188,888 ZBC tokens for one year will be eligible for an airdrop of the “Zepoch” node. In phase 2, the node price is priced at 2000 USDT/ BUSD, and the contract price automatically increases by 0.5% (5/1000) for every 50 additional node holders.</p><p>Learn more about Operation Horizon: <a href="https://horizon.zebec.io/">https://horizon.zebec.io</a></p><p><strong>JH | Shin Chan: </strong>What is the timeline for Whitelist, Phase 1 and Phase 2 of Operation Horizon?</p><p><strong>Ayush: </strong>Whitelist Registration：3rd-11th of October, 1 pm UTC<br>Phase 1：13th of October, 1 pm UTC<br>Phase 2：TBD</p><p>Learn more in details: <a href="https://horizon.zebec.io/#/participate">https://horizon.zebec.io/#/participate</a></p><p><strong><em>Twitter Section:</em></strong></p><p><strong>Q1: For the Zebec Pay app, what if a certain employer wants to halt or stop all payment transactions to his/her employee, will the employer be able to cancel the payment stream right away? Will the employee still get the accumulated funds before he/she got cancelled?</strong></p><p><strong>Ayush: </strong>Yes, the employer would be able to cancel right away and the employee would still get the accumulated funds before the payment got cancelled. That way we can make sure that an employee gets paid for what he worked for even if he/she is fired or decides to leave, or the employer decides to cancel the payment.</p><p>📌 Zebec Protocol social media links<br>Website- <a href="https://zebec.io/media-kit">https://zebec.io/media-kit</a> (<a href="https://zebec.io/media-kit">https://zebec.io/media-kit</a>)<br>Twitter — <a href="https://twitter.com/Zebec_HQ">https://twitter.com/Zebec_HQ</a> (<a href="https://twitter.com/Zebec_HQ">https://twitter.com/Zebec_HQ</a>)<br>Telegram — <a href="https://t.me/zebecprotocol">https://t.me/zebecprotocol</a> (<a href="https://t.me/zebecprotocol">https://t.me/zebecprotocol</a>)<br>Discord — <a href="https://discord.gg/fJM9cHuvvB">https://discord.gg/fJM9cHuvvB</a> (<a href="https://discord.gg/fJM9cHuvvB">https://discord.gg/fJM9cHuvvB</a>)</p><p><strong>Q2: According to Zebec empowers real-time, frictionless and continuous streams of payments. How can a business establish a stream of payments? What specifics must the employer enter on Zebec Pay in order to make a stream payment?</strong></p><p><strong>Ayush: </strong>Employer could just connect the wallet to Zebec as sender wallet &amp; receiver employer would connect their wallet as receiver account, and yes that’s it, it’s that simple. For step to step guide, go to docs.zebec.io</p><p>📌 Zebec Protocol social media links<br>Website- <a href="https://zebec.io/media-kit">https://zebec.io/media-kit</a><br>Twitter — <a href="https://twitter.com/Zebec_HQ">https://twitter.com/Zebec_HQ</a><br>Telegram — <a href="https://t.me/zebecprotocol">https://t.me/zebecprotocol</a><br>Discord — <a href="https://discord.gg/fJM9cHuvvB">https://discord.gg/fJM9cHuvvB</a></p><p><strong>Q3: Staking is one of the most attractive way that exist through the DeFi system where users generate passive income. With that, can you tell us more about staking program and various ways through which users can participate in your staking program?</strong></p><p><strong>Ayush: </strong>Currently we have staking available on OKX, which you can see on details from: <a href="https://www.okx.com/earn/product/staking">https://www.okx.com/earn/product/staking</a>.<br>We are also working on on-site staking which would be launched soon.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/750/1*bhCLhzAYEimmfyvZTVk_pw.png" /></figure><p><strong>Q4: I read that Zebec is a Continuous Settlement Protocol built on Solana. Can you tell us why you chose to launch Zebec on the SOLANA? What are the advantages of SOLANA in terms of energy efficiency to the Zebec? Do you see yourself collaborating with other chains in the future?</strong></p><p><strong>Ayush: </strong>We chose Solana because of their low fees, high speed and scalability and we are happy with our choice. We are here to make Solana ecosystem a lot safer by providing our treasury option. We made our first move of collaborating with other chains by recently announcing our integration with BNB chain.</p><p>Lately, we are announcing our own chain with Zepoch node that’ll help us connect to multiple chains and take Zebec to a even bigger level.</p><p><strong>Q5: As I see that Zebec’s services provides fully customizable multi-sig on Solana ? I heard people attempt suicide due to huge crash of Solana why you still have Solana ?</strong></p><p><strong>Ayush: </strong>No idea about where you heard it, but We chose Solana because of their low fees, high speed and scalability and we are happy with our choice. However, addressing the issue about Solana outages, we are building our own L1 Zebec chain for more scaling opportunity which you can check at horizon.zebec.io</p><p><strong><em>Telegram Live AMA Begins:</em></strong></p><p><strong>Q6: While Researching, I Found that In Q4 2022 , You have Planned to Launch the “ZEBEC CARD”</strong></p><p><strong>May You Please tell us MORE about this CARD , What Will be it’s Main features, How We Can Use it and What Will be It’s Benifits ?</strong></p><p><strong>Ayush: </strong>You can check all the details about the Zebec card and also sign up for it at <a href="https://zebec.io/debit-card">https://zebec.io/debit-card</a></p><p><strong>Q7: 🐻 BEAR Market is Worst Phase For all Projects<br>And Many Projects have been Shut Down In this BEAR Market</strong></p><p><strong>Do You agree with me<br>May I know What Strategies Your have Made to Protect Your Project From BEAR MARKET , Is Your Roadmap Also Affected by BEAR MARKET. ?</strong></p><p><strong>Ayush: </strong>We think bear market is the best time to build the product so we could shine once the bull run starts. We have raised $40M+ funds so we have sufficient financial backing to get past this bear market.</p><p><strong>Q8: Is KYC a requirement for Zebec protocol users? Do you follow a rule that reputable exchanges like Binance offer to their user community, such as a withdrawal cap for non-KYC compliant customers? What are the withdrawal restrictions for both completed and uncompleted KYC?</strong></p><p><strong>Ayush: </strong>KYC is not needed for general use of Zebec but to order the Zebec Card, there is KYC verification in place.</p><p><strong>Q9: Who are you currently partnering with Zebec Protocol for now or is there a new partnership with Zebec Protocol ? then where can I buy &amp; get the $ZBC token?</strong></p><p><strong>Ayush: </strong>Our latest partnerships are with Binance for integration with BNB chain and with Visa to launch our own Debit card. You can check our CMC page to get the list of all the exchanges $ZBC is traded on.</p><p><strong>Q10: I read that Operation Horizon consists of 2 main components namely Zepoch Node Holders and Themis Gavel NFT, can you explain more about these two components? What benefits does each component offer to users</strong>?</p><p><strong>Ayush: </strong>Learn more here: <a href="https://horizon.zebec.io/">https://horizon.zebec.io/</a></p><p><strong>Q11: can Zebec debit card users use the card when purchasing NFT? can you provide some benefits for Zebec debit card users?</strong></p><p><strong>Ayush: </strong>Yeah with our latest partnership with Crossmint, you can use Zebec card to purchase NFTs as well.</p><p><strong>Q12: 🫒🫒How many Country Will Support Zebec Visa card? Also will this card open for Public or only for internal investors?</strong></p><p><strong>Ayush: </strong>First batch is available for Europe, UK and US users. We will expand to more countries in future.</p><p><strong>Q13: As not much familiar with the word “Mutli-Sig” can you explain me what is Mutli-Sig and what are benefits and requirements of being a part of it?</strong></p><p><strong>Ayush: </strong>Multi-sig is short form for Multiple SIgnatures meaning multiple wallets would need to sign the transaction for it to go through. This secures the treasury from one wallet being compromised as majority would need to sign the transaction.</p><p><strong>Q14: I have a question regarding the Zebec Debit Card,..Do users spend based on the specific Crypto they choose to use or is the crypto converted to A fiat currency before it can be spent,and also regarding security,are there plans to hold an Hackathon/bug bounty contest anytime soon?</strong></p><p><strong>Ayush: </strong>They can choose which crypto they want to use when making purchase through the card. Card would have fiat off-ramp to convert crypto to fiat during the time of transaction</p><p><strong>Q15: Where did you get the inspiration of creating Zebec? How did you decide on this name? Can you please tell the story behind? How do you see this project in the next year?</strong></p><p><strong>Ayush: </strong>Zebec name comes from a very fast sailing ship of the past named “Xebec” and pronounced “Zebec”. Our plan for next year is to launch our own chain and further scale the project.</p><h3>End</h3><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=6fd5e3168499" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[Fulbo Galaxy AMA Summary Recap with Shin Chan Community]]></title>
            <link>https://shinchanieoalerts.medium.com/fulbo-galaxy-ama-summary-recap-with-shin-chan-community-447b81933f5e?source=rss-1c9cc78464da------2</link>
            <guid isPermaLink="false">https://medium.com/p/447b81933f5e</guid>
            <dc:creator><![CDATA[Shinchanieoalerts]]></dc:creator>
            <pubDate>Tue, 27 Sep 2022 14:08:34 GMT</pubDate>
            <atom:updated>2022-09-27T14:08:34.076Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*nO_qvnvUZJ1n141_iyJpQw.png" /></figure><p>We held a live AMA with <strong>CMO, Kevin Van Dorp from Fulbo Galaxy </strong>on 27th September 09:00 PM(UTC+8). Here’s the recap for those who missed it.</p><p><strong>Introduction</strong></p><p><strong>JH | Shin Chan: </strong>Before the ama start, please Introduce yourself and your Fulbo Galaxy</p><p><strong>Kevin Van: </strong>Sure. Hi everyone, I’m Kevin, CMO of Fulbo Galaxy.<br>A little background: as I just mentioned I previously worked at Woo Network. I also worked at MagicFew and helped big projects like Chiliz, Star Atlas, Animoca and many more with their marketing.<br>Met the guys behind Fulbo, and this is definitely a project where I’ll stick around for a very long time. The team is a lot of fun to work with! And it’s one of the most promising Play and Earn games I’ve ever encountered. So working as Fulbo’s CMO has been a blessing.</p><p>As to Fulbo Galaxy</p><p>I think it’s safe to say that Fulbo Galaxy is the wackiest play and earn game ever!</p><p>It’s a football game (soccer for the American participants here) with a simple and polished gameplay made for casual players. It has a distinct punk theme that satirically introduces well-known characters. The only players we won’t introduce are actual football players ;-)</p><p>Here’s a promo video of the game so things will become more clearly:<br><a href="https://www.youtube.com/watch?v=fT9pOaLn5YM">https://www.youtube.com/watch?v=fT9pOaLn5YM</a></p><p>We still gotta make a new promo video since we’ve uploaded our latest demo. But the video gives a pretty good view of what Fulbo is all about :)</p><iframe src="https://cdn.embedly.com/widgets/media.html?src=https%3A%2F%2Fwww.youtube.com%2Fembed%2FfT9pOaLn5YM%3Ffeature%3Doembed&amp;display_name=YouTube&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DfT9pOaLn5YM&amp;image=https%3A%2F%2Fi.ytimg.com%2Fvi%2FfT9pOaLn5YM%2Fhqdefault.jpg&amp;key=a19fcc184b9711e1b4764040d3dc5c07&amp;type=text%2Fhtml&amp;schema=youtube" width="854" height="480" frameborder="0" scrolling="no"><a href="https://medium.com/media/9a5514c64bfe7da131eaea81e48d2021/href">https://medium.com/media/9a5514c64bfe7da131eaea81e48d2021/href</a></iframe><p><strong>JH | Shin Chan: </strong>Kevin has very great experience in the industry 💪</p><p>and thank you for your introduction</p><p>Do you have any news from Fulbo Galaxy would like to share with us?</p><p><strong>Kevin Van: </strong>definitely!</p><p>so we launched our latest demo yesterday!!<br>We’re still not on the blockchain, that will happen in 2 or 3 months depending on the market. But alrdy people can see what the game will look like. We have many new characters that you will be able to own as NFTs in the future. New football stadiums. In the future you can co-own them and earn a passive income on them. And a marketplace. This will be our NFT marketplace where you can buy and sell NFTs (players/stadiums/skins/equippable items)</p><p>It’s alrdy a lot of fun to play. so give it a try!</p><p><a href="https://fulbogalaxy.com/play/">Fulbo Galaxy</a></p><p>IOS will come soon, but alrdy you can play on Android and desktop :)</p><p><strong><em>Twitter Section:</em></strong></p><p><strong>Q1: Every game has its own set of in-game items. Due to centralization, players currently do not own their items and do not have the liberty to send, receive, or exchange them. What is #FulboGalaxy game element strategy for gaining access and unlocking these features?</strong></p><p><strong>Kevin Van: </strong>Like all p2e will be on the blockchain. You will OWN the players/stadiums/equipable items/skins and be able to trade them on our very own NFT marketplace. So nothing new there. People will have their own wallet and have full custody over their in-game items as well.</p><p>I wish to emphasize though that we wish to differentiate from other P2Es by focusing on the fun part. Gaming is meant to be fun, so we prefer to say we’re a Play And Earn game, where earning ($FULBO tokens from winning Fulbo games + profits made on trading NFTs) is just a rly nice perk for playing one of the most fun and addictive games out there 😉</p><p><strong>Q2: At the moment, all tokens go down in price even with great partnerships, hype, marketing, and working products, etc.<br>So, what the challenges do you have and the plan to make your project strong popular?<br>Are you see it as an opportunity while the current market decline?</strong></p><p><strong>Kevin Van: </strong>I think the biggest challenge is making our game mainstream. Crypto games gain popularity but are still niche! We have the product, we have game developers that have made games for Comedy Central, South Park, Lego, Disney. They know how to make games!!! But how do you get people outside crypto to make a wallet? That’s something the entire industry is still struggling with, and we’re still looking for a proper answer to that challenge. But we do have a full marketing plan to reach out to mainstream gamers.</p><p>We consider it as a “blessing” that we’re in a bear market. As a personal trader I also hate it ofc, but as developers we’re happy with the market as it is. It gives us so much more time to work on the product. And I hope it shows to our users as well :)</p><p><strong>Q3: why we are not able to play this game with our friends? Can you tell me what are the reason for it?<br>And why there are no referral system sir?</strong></p><p><strong>Kevin Van: </strong>haha I saw this question with our previous ama as well but didn’t get the chance to answer it</p><p>so happy to do so here</p><p>you will be able to play with your friends when we launch our PvP mode. that will be done after we launch our storymode (PvE) on the blockchain. Reason is that it takes more time to create. But it will be the feature we all look forward to the most. We will host super awesome tournaments, making Fulbo a truly e-sports focused game. <br>We alrdy host tournaments now ofc, and many people alrdy won a lot of BUSD. But it’s more fun when it’s not a PvE based leaderboard but a truly PvP focused on. Anyway, we expect it to be live Q1 2023</p><p>Referral system will be implemented once we’re on the blockchain. You will earn % of the $FULBO earned by those you introduced to the game</p><p><strong>Q4: Can NFT characters in Fulbo Galaxy be upgraded based on success in the game? Will players be able to increase the value of their characters and sell them for higher prices?</strong></p><p><strong>Kevin Van: </strong>yup! the more matches you win the more you level up your NFT players. We find it rly important that we’re not a pay to win game. So even with low cost NFTs you can create your own star team that can match any Galaxy NFT team.<br>NFT prices are based on supply and demand, but you can indeed sell them on our NFT marketplace</p><p>You can also upgrade your players’ stats with equipable items btw. And those too you can sell</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*p6Np9FiVGwZgYeoGVwfD-A.png" /></figure><figure><img alt="" src="https://cdn-images-1.medium.com/max/640/1*9-JG8xMDRm1ykr1cX1YeLA.png" /></figure><p><strong>Q5: Earning in the game is important, but with me that having fun while earning is also important. To what extent does <br></strong><a href="http://twitter.com/FulboGalaxy"><strong>@FulboGalaxy</strong></a><strong><br> focus on the entertaining aspects of the game? What measures are in place to help make the game suitable for everyone, including non-crypto people?</strong></p><p><strong>Kevin Van: </strong>I sort of alrdy answered this question before. But our main goal is to make it fun. Our game developers are experienced in making fun games. Some of them even worked on The Sandbox. So our game will rly blow people’s minds. Our main challenge is to reach out to mainstream gamers and convince them to try out making a wallet. We know they’ll love the game, but they may not be tech-savy enough. So we’ll try and see how we can lower the hurdle to try out our game. For that reason, it’s important they alrdy try out our non-crypto demo. So they can see for themselves how much fun it is.</p><p>We alrdy have more mainstream gamers trying the demo out now btw. So let’s see how many we can retain once we’re on the blockchain</p><p><strong><em>Telegram Live AMA Begins:</em></strong></p><p><strong>Q6: FulboGalaxy was created with the intention of combining casual gaming with the excitement of digital asset ownership and in-game economics. What are the fun features of FulboGalaxy? Why is FulboGalaxy not just another boring NFT game?</strong></p><p><strong>Kevin Van: </strong>What makes it so addictive is that games only take 2 minutes to play. The gameplay is very polished and the characters are wacky. The commentator also provides the additional funny comments. It’s just a perfect game to play when you’re waiting for the bus. Or in my case when I’m on the bathroom and I have a few minutes to spare haha!! But you can also ask our most hardcore community members, they sometimes play almost 24/7 when we have our tournaments. I’m sure they’ll have a lot more to say about what makes Fulbo so fun :D</p><p><strong>Q7: In Roadmap Section, It is Mentioned that In Q3 2022 , You Will Launch the “Closed Beta for Windows / Mac / Android &amp; iOS”</strong></p><p><strong>May I get an Update about CLOSED BETA VERSION, and Currently Where We Can Play the Game and Enjoy , Share the Link Sir ?</strong></p><p><strong>Kevin Van: </strong>We’re still in Q3 and you can alrdy play the demo.<br>You can play it here:<br><a href="https://fulbogalaxy.com/play/">https://fulbogalaxy.com/play/</a></p><p>IOS will follow soon</p><p>I’ve done my branding now</p><p><strong>Q8: How much is the capital/cost to play FulboGalaxy, do we have to buy 5 NFT and also your token?</strong></p><p><strong>Kevin Van: </strong>Low. Making it low cost to play the game is also one important way to make it accessible to the masses. You have to buy NFTs to start, and to do so you’ll need our native FULBO token:) We hope to answer how much the NFTs will cost very soon. We’re still in talks with our VCs as well. It’s all game theory. How do you create the perfect equilibrium. We’ve got mathematicians working on it as well, so you can rest assure that it will be done well.</p><p><strong>Q9: Can you tell us the motivation and benefits for investors to hold $FULBO in a long term investment and What plans do you have to help drive demand and scarcity for the token?</strong></p><p><strong>Kevin Van: </strong>Long term reasons to hold it:<br>we’ll create additional utility (on top of trading NFTs/governance) we’ll also come with staking and other utilities.<br>Moreover, I mentioned this in our previous AMA but we’ll create a GameFi metaverse! Where your NFTs will also be used in our other Galaxy games. More about it later. But it will also increase demand for our tokens. \</p><p><strong>Q10: Games are Played across the Globe,<br>Many Non- English Native Gamers also play these Games,<br>There may be some Issue in Understanding the Game if its not in their Local Language,<br>Have You thought &amp; Planned to solve this problem?</strong></p><p><strong>Kevin Van: </strong>We have a global team. We have a global community. At first we’ll make it English only. But alrdy we have local TGs as well:<br>🇮🇳 <a href="http://twitter.com/FulboGalaxy_in">@FulboGalaxy_in</a><br>🇨🇳 <a href="http://twitter.com/FulboGalaxy_cn">@FulboGalaxy_cn</a><br>🇻🇳 <a href="http://twitter.com/FulboGalaxy_VietNam">@FulboGalaxy_VietNam</a><br>🇪🇸 <a href="http://twitter.com/FulboGalaxy_es">@FulboGalaxy_es</a></p><p>For our game, we’ll also offer more languages once we’re done with the global version. And I’m sure we can involve our community in that process as well</p><p><strong>Q11: Do you allow suggestions and feedback from the community? Are we allowed in decision making, do you put community into consideration ?</strong></p><p><strong>Kevin Van: </strong>Yes, atm it’s still done in a very basic way. People complain, I hear it from our admins, I see what’s up and then communicate with our developers to fix the issue.<br>Sometimes we do events, for example we’ll do a contest soonish where community members can share ideas to improve the game. And as always we handsomely rewards participants and winners. Once we’re on the blockchain people can submit and vote on initiatives thereby making the decsion-making process decentralized as well. And more importantly, community-focused</p><p>But our community is leading</p><p>without a happy community we may as well close shop</p><p>Pretty sure our community is happy so far though :) we rly do listen to them. They may be impatient for us to be on the blockchain, but we want the game to be perfect for them</p><p><strong>Q12: Which is the top priority of the team; attract partners and buckers; increase number of players: or maintain token and Nft values ?</strong></p><p><strong>Kevin Van: </strong>I don’t like thinking in trade-offs. Especially when we have the tools to accomplish what we want. But to answer your question honestly:<br>mass adoption. We have very strong funding so we don’t necessarily need VCs. Only when they can help us with onboarding new gamers do we enter an agreement.<br>If we have mass adoption, our token and NFT holders will also be indirectly rewarded as there will be more demand for our token and NFTs. so yes, increase number of players is prio #1</p><p>This is next to our highest priority of making the game fun to play ofc 😉 but alrdy mentioned that 10 times and I don’t want to sound like broken record</p><p><strong>Q13: Is FulboGalaxy a suitable platform for new players to play? Do new players stand a chance against pro players?</strong></p><p><strong>Kevin Van: </strong>yes! it’s easy to play. Hard to master rly well. But as newbie you will start playing against easy computer players or in case of our PvP against players with same low scores (other beginners)</p><p><strong>Q14: I want to support your project, Tell us more about the Ambassador Program and in what ways can we participate ?</strong></p><p><strong>Kevin Van: </strong>We’ll relaunch our ambassador program when we’re on the blockchain I think. So wait 2 or 3 more months :)<br>We’ll announce it on our socials</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/998/1*UV1xgQDGywQo-hXt4c7PWA.png" /></figure><p><strong>Q15: What is the main concept of Fulbo Galaxy? Why did you call it as the wackiest play-and-earn game ever? Can you give us more information about the Fulbo Galaxy Demo 3.0, what are the benefits and rewards we can get while trying it?</strong></p><p><strong>Kevin Van: </strong>Main concept is playing a wacky football game. Not comparable to the likes of Fifa and other mainstream football games.<br>It’s the wackiest due to the design style and humor :D</p><p>Our latest demo contains:<br>🔥 New designs<br>🔥 New characters<br>🔥 New stadiums<br>🔥 A marketplace<br>and much more! 🚀🌙</p><p>We will organize a bug bounty program (where you can win money) later today. Our devs will then fix all bugs of our new demo. In 3 weeks we’ll resume weekly tournaments where top 10 winners can earn money. 5 casual gamers also always get randomly picked and win $10. So even playing 1 fulbo game can pay off!</p><p>You can learn more about our tournaments here:<br><a href="https://medium.com/fulbo-galaxy/new-fulbo-galaxy-tournaments-908110cb7d44">https://medium.com/fulbo-galaxy/new-fulbo-galaxy-tournaments-908110cb7d44</a></p><p>But ofc the real fun will start when you can earn actual $FULBO anytime you win a game or play draw. But start playing anyway I’d say. Practise and improve your skills 😉</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*k09a23i5RVjMG9AkakNwxQ.png" /></figure><h3>End</h3><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=447b81933f5e" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[Unique Network AMA Summary Recap with Shin Chan Community]]></title>
            <link>https://shinchanieoalerts.medium.com/unique-network-ama-summary-recap-with-shin-chan-community-ecfd8cfc5ca1?source=rss-1c9cc78464da------2</link>
            <guid isPermaLink="false">https://medium.com/p/ecfd8cfc5ca1</guid>
            <dc:creator><![CDATA[Shinchanieoalerts]]></dc:creator>
            <pubDate>Wed, 17 Aug 2022 14:04:19 GMT</pubDate>
            <atom:updated>2022-08-17T14:04:19.368Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*trftB9oYvkHzt6_67F8kfA.png" /></figure><p>We held a live AMA with <strong>CMO, Charu Sethi from Unique Network</strong> on 17th August 09:00 PM(UTC+8). Here’s the recap for those who missed it.</p><p><strong>Introduction</strong></p><p><strong>Serene | Shin Chan: </strong>Before the ama start, please Introduce yourself and your Unique network.</p><p><strong>Charu | Unique Network: </strong>sure! My name is Charu Sethi, I’m the Chief Marketing Officer at Unique Network. I have over 14 years of experience in tech marketing, with 4 years’ of experience in the blockchain industry. I have worked for companies like IBM, helping build out their blockchain adoption marketing for the Asia Pacific.</p><p>Unique Network is a live parachain on both Polkadot and Kusama Network. Both Unique Network and Quartz Network won 14th parachain auction on Polkadot and Kusama respectively. Unique Network is the first NFT chain for Polkadot and Kusama. We are one of the most advanced and powerful NFT chains. Not only is it climate-friendly, because it’s proof of stake, it is also designed to create future use cases.</p><p><strong>Serene | Shin Chan: </strong>What are the key differentiators of Unique Network?</p><p><strong>Charu | Unique Network: </strong>Unique Network, the first NFT chain built for Polkadot and Kusama, is explicitly made to solve the problems by running NFTs on Ethereum. As a fully scalable blockchain for composable NFTs for advanced economies, we believe our technology and infrastructure will provide a sustainable future free of limitations, delays, and hindrances that plague NFTs today.</p><p>Here are some distinct features of the NFT Chain,</p><ol><li>Advanced NFT features– equip your NFTs with our dynamic suite of advanced features: RFT (re-fungible tokens), nested NFTs, renting, lease, etc</li><li>EVM compatibility — Start building on Unique using tools you’ve already familiar with (Solidity, Remix, Hardhat, Truffle, Metamask and etc.)</li><li>Interoperability — transfer your assets between Polkadot parachains using HRMP channels and XCM format</li><li>Expand the market access for your NFTdApp. Easily push your Smart contracts from Ethereum based chains on to the Polkadot ecosystem now!</li><li>Speed and Scalability — instant finality, 6000 tps and almost free transactions</li><li>Easy to connect — Use our SDK and APIs to build your own apps: marketplaces, play and earn games and any other NFT apps on the Unique Network</li></ol><p><strong>Serene | Shin Chan: </strong>Why are you giving away a fraction of crypto punk for free?</p><p><strong>Charu | Unique Network: </strong>There are 2 reasons for it</p><ol><li>As an NFT Infrastructure project, it’s very important for us to showcase our technology and let the community have hands-on experience</li><li>web 3 is all about community and we want to give back to the community for supporting us through our journey.</li></ol><p>This gave birth to the “Punks for people campaign”. Where the community can sign up for a share of Cryptopunk and Substrapunk. Substrapunks are the first NFTs in the Polkadot ecosystem, we asked Substrapunk holders to list them for 100 KSM on our marketplace(unqnft.io). Through voting, we have selected one Substrapunk that will be fractionalized and distributed to the community with Cryptopunk.</p><p>Recently we added a NFT chest to these fractions as well, so both Substrapunk and Cryptopunk will be bundled in a chest and make a full NFT. This is also an example of the on-chain infrastructure tech of the Unique Network chain.</p><p>recently we made big news on CoinTelegraph</p><p><a href="https://cointelegraph.com/news/a-slice-of-the-punk-cryptopunk-nft-to-be-split-into-56-000-pieces">A slice of the punk: CryptoPunk NFT to be split into thousands of pieces</a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*440wsGIuB3uyWe0lEk2z5g.png" /></figure><p>The entire Shin Chan community still has an opportunity to Sign up for Punks For People,</p><p><a href="https://unique.network/punk/">RFT - Democratisation of Premium Digital Assets</a></p><p><strong>Serene | Shin Chan: </strong>Unique Network has an ambassador program, can you please share more information about your ambassador program?</p><p><strong>Charu | Unique Network: </strong>That’s a wonderful question. Yes, we have recently started our ambassador program. So many enthusiastic community members are participating &amp; contributing to our ambassador program.</p><p>We’re very proud of their contributions. Our ambassadors are very engaged and help us across community growth, content creation, testing of tools, and much more!</p><p>so if you would like to leverage your skills to support the long-term growth of the Unique network, pls do apply!</p><p><a href="https://unique.network/ambassador-application/">Unique Network Ambassador Program</a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*v456u-k5yNkJzSaB1EpxYg.png" /></figure><p><strong>Serene | Shin Chan: </strong>Why should NFT developers choose to build on Unique Network and not on other chains available?</p><p><strong>Charu | Unique Network: </strong>Unique Network offers the most advanced NFT application features available, more than any other network to date. Sponsoring with built-in rate limiting for thwarting bot attacks, nesting, bundling, re-fungibility (very soon) and is developing even more features.</p><p>All of these features are either fully functional NOW or will be very very soon (I’m talking refungibility here). To use them you DO NOT NEED to write contracts. They are blockchain features and execute atomically on the validator nodes (WASM code) which makes these options real-world usable at the speed of the network.<br>We have the easiest advanced NFT minter in whole web 3 space.</p><p><a href="https://wallet.unique.network/QUARTZ/create-nft">Unique Wallet</a></p><p>Whitelabel marketplace that anyone can create in a few hours,</p><p>unqnft.io</p><p>Find all our developer tools,</p><p><a href="https://github.com/UniqueNetwork">Unique Network</a></p><p><strong><em>Twitter Section:</em></strong></p><p><strong>Q1: Unique Network, a pioneering new technology, the RFT and will breathe new life into a world. What does this technology consist of? Why do you consider your technology to be pioneering? How is it different from others? How will it breathe new life into the world of crypto?</strong></p><p><strong>Charu | Unique Network: </strong>RFT is a refungible token, it’s a similar concept to fractionalized NFTs.</p><p>As an infrastructure provider, our goal is to make it very easy for users to create RFTs. On Ethereum fractionalized NFTs take hundreds of hours and a few hundred thousand dollars. We are going to provide this facility to users on the chain and just in a couple of clicks.</p><p>RFT technology has a wide variety of use cases that can positively impact the world, but we will leave that to application developers.</p><p><strong>Q2: I read that Unique Network is based on Substrate with compatibility between Polkadot, Kusama and Ethereum.But, they plan to implement other networks compatible with their model in the future?What were the technical reasons why you have based your project on this Substrate system?</strong></p><p><strong>Charu | Unique Network: </strong>There are few reasons to choose Polkadot and substrate,</p><ol><li>Substrate allows us to plug and play lots of things, so we don’t have to reinvent the wheel.</li><li>Interoperability. Future of blockchain is multichain, with polkadot all chains build on substrate can interact with each other.</li><li>Polkadot is a layer 0 blockchain, it allows us to build layer 1 blockchain on top of it with billions of dollars worth of security from polkadot.</li></ol><p><strong>Q3: How do I build on Unique Network? Is there any grant or support from Unique Network?</strong></p><p><strong>Charu | Unique Network: </strong>You can start with reading the documentation</p><p>in terms of grants, we do not have a formal grants program yet — but we often organise Hackathons. Recently we did one with Polkadot. There are a few more coming this year!</p><p>pls stay tuned to our channels and take advantage of the hackathons and the reward amounts there.</p><p><a href="https://docs.unique.network/unique-and-quartz-wiki/introduction/welcome">Welcome</a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*TCrvIeOj04TCCPmpKvLxfg.png" /></figure><p><strong>Q4: As per current market, gaming seems to be biggest usecase for NFT. <br>How are you supporting gaming companies?</strong></p><p><strong>Charu | Unique Network: </strong>Thanks for asking this! :)</p><p>Gaming is one of the most exciting opportunities for NFTs and esp for us. Gaming needs NFTs to do more and we have all those capabilities on our chain</p><p>last week I was in Seoul, attending the Korea Blockchain Week. And i was so excited to see the energy around gaming in that market</p><p>For gaming, freemium gaming has been a model in the past and will be in the future. Users like to experience games for free and then there is financial interest. However blockchain makes it difficult, so we have introduced something called a sponsorship pallet where developers can sponsor transactions and provide a freemium experience.</p><p>Taking it up a notch, we’ll sponsor six months of transaction fees for any game building on Unique Network.</p><p><strong>Q5: What are the ways for your project to generate revenue in the long run?<br>What is the progress of business development?<br>How is your project pursuing its goals?<br>And can you tell us which areas are you currently working on?</strong></p><p><strong>Charu | Unique Network: </strong>Revenue for Unique Network comes from transaction fees in different apps built on our chain. Right now we’re working on launching more and more infrastructure and SDKs for developers to use and build on.</p><p>As mentioned above, we have white-label products like a marketplace(unqnft.io) that founders and developers can build in just a few hours.</p><p>for Business Development we focus on 4 segments:<br>1. Start-ups: founders and creators who have NFT ambitions and would like to create their own custom marketplaces using our SDKs and Blockchain<br>2. Existing NFT chains who would like to bridge over to the Polkadot ecosystem and expand their market access<br>3. Enterprise: Brands and companies who would like to leverage NFTs for enhanced business models and customer engagement<br>4. Polkadot ecosystem projects using XCM</p><p><strong><em>Telegram Live AMA Begins:</em></strong></p><p><strong>Q6: Can CryptoPunks be fractionated? Can I as an NFT owner use a Crypto Punk 3042 image as my profile picture? Are CryptoPunk copyright and trademark rights infringed by the fractionalization of CryptoPunk 3042? So, what will happen to my NFT if the NFT — CryptoPunk (3042) gets sold?</strong></p><p><strong>Charu | Unique Network: </strong>Yes Cryptopunk owners own full licence to use their NFTs. Yuga Labs transferred all copyright and licences recently to the owners. There is no trademark violation<br>the Cryptopunk 3042 will be jointly owned by the community- it is locked in a smart contract — it cannot be sold as a whole :)<br>you can read about copyright in this latest article<br><a href="https://www.theblock.co/post/163519/cryptopunk-and-meebits-holders-can-now-use-their-nfts-for-commercial-projects">https://www.theblock.co/post/163519/cryptopunk-and-meebits-holders-can-now-use-their-nfts-for-commercial-projects</a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*wEW4GG0Fo1MO0TwSXSAX7Q.png" /></figure><p><strong>Q7: What important uses do $UNQ token holders have over people who do not hold your tokens, and are there any advantages for long-term holders as well? What strategies do you intend to use to increase the token’s value and depletion?</strong></p><p><strong>Charu | Unique Network: </strong>Unique Token will derive its utility from the fact that it will be needed for all on-chain NFT transactions. As more projects build on Unique — more Unique tokens will be used. Also the key highlight is App Promotion staking which will be very exciting for all token holders. with that you will be able to support and sponsor your favorite apps building on Unique<br>read more about it here:<br><a href="https://unique.network/blog/app-promotion-staking-a-uniquely-accessible-pathway-for-developers/">https://unique.network/blog/app-promotion-staking-a-uniquely-accessible-pathway-for-developers/</a></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*P2I4y8dDPU0C6jNWZTJVDA.png" /></figure><p><strong>Q8: It is True that Gaming need NFTs in the Current Era but,<br>Many NFTs are Becoming Useless after a certain amount of time,<br>How do You see this?</strong></p><p><strong>Charu | Unique Network: </strong>this is a good point. Therefore it is important to see how well designed is the Utility of the NFTs within a dApp&gt;<br>In respect to the gaming, the incentive design mechanism, not just for the players but various other roles in the gaming community are important. How the digital ownership of NFTs is structured is also very important. These are some of the elements that will make a good web3 game</p><p><strong>Q9: While Researching , I Found that There are Two UNIQUE Products Which are Currently Live On your Platform :</strong></p><p><strong>¤ UNIQUE MINTER<br>¤ UNIQUESCAN ( on Quartz )</strong></p><p><strong>Would You Please tell me In Brief About these Products , and What are their Unique Features ?</strong></p><p><strong>Charu | Unique Network:</strong>I would say that our core product is the Blockchain which is powered by SDKs and tools like Minter, Scanner and wallet.<br>Minter is where we are making features like RFT , bundling, nesting etc available soon . these will be designed in a way that is easy for end users to use. so as developers, you will find it very easy to grow your own end user base. <br>You can find all details on our channels. Stay tuned to our twitter — we will be making some announcements very soon. <br><a href="https://twitter.com/Unique_NFTchain">https://twitter.com/Unique_NFTchain</a></p><p><strong>Q10: Is there a wallet that the Unique platform recommends to its users or do you plan to create a wallet of your own within your plans? Are you considering creating another NFT collection besides Substrapunks or Chelobricks?</strong></p><p><strong>Charu | Unique Network: </strong>we do have a Unique Wallet where you can see your own NFTs for now. we continue to develop and enrich that more <br><a href="https://wallet.unique.network/">https://wallet.unique.network/</a><br>with regards to additional NFTs: Sign up for the Punks for the People campaign here: and you will receive a few freebies :)</p><p><a href="https://unique.network/punk/">https://unique.network/punk/</a></p><h3>End</h3><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=ecfd8cfc5ca1" width="1" height="1" alt="">]]></content:encoded>
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