AMA Recap in Chair Community
DNFT Protocol is excited to share that utilizing a great AMA session opportunity, one of our Co-Founders, Adam Shuai, successfully represented and spread awareness about our platform among Chair Community on 20th Dec 2021.
The session was held in two parts, Introduction and Telegram Community Questions. If you missed this insightful session, here’s another chance to get a glimpse of all that transpired during this session through this AMA Recap.
About Chair.Finance: Chair 2.0 is the first traffic aggregation platform on Polygon to start a GameFi NFT Store and GameFi IGO. There’re 72K members in their Telegram group.
PART I: INTRODUCTION
Emily: Please briefly introduce yourself and DNFT Protocol.
Adam: Hi guys, my name is Adam, the co-founder of DNFT Protocol. My ENS name is adam7.eth.
DNFT Protocol is a decentralized cross-chain NFT network. It allows users to mint, trade, and manage NFT assets across blockchains, e.g. arts, game & metaverse assets, and data models. By presenting a Data-model as an NFT(DAAN) conception, DNFT pioneers the scenario of NFT applying to the AI industry. We apply DAO governance to NFT creation and trading in our community.
About myself, I’m a full-stack developer and product manager with a great passion for feature design and user experience development.
I started my first blockchain project in 2018, which is an online AI/Data model trading platform. My past experience has spanned key roles within Nasdaq-listed company Cootek(I was the principal product manager in TouchPal keyboard which has 100,000,000+ installs in Google Play Store at 2019) through to the software developer in Top 200 global companies such as Honeywell.
For education background, I hold a Computer Science master’s degree from the University of New South Wales, Australia.
Now I live in Melbourne, Australia.
Emily: DNFT launched the mainnet recently, can you briefly introduce DNFT mainnet?
Adam: Yes we launched at 10PM UTC, 10th Dec
The first version of the DNFT mainnet is a decentralized NFT marketplace on the BSC network. You can connect your metamask wallet directly to it. You must know Opensea or Rasible, they are on ETH, so far there’s no NFT marketplace on BSC that has a great user experience and various NFTs.
Since our gas fee is really low. We highly encourage our members to mint and sell their NFTs on the DNFT marketplace. Our marketplace is community-oriented.
Our mainnet will have the most user-friendly design and the optimized loading time for every operation. You will enjoy it when you create your collection, mint/sell your NFTs, and manage your NFT assets.
Emily: What can users do now to join DNFT mainnet?
Adam: Now we have a Christmas campaign — Santa Claus is getting ready to deliver 50,000 $DNF presents
Everyone can be an NFT artist and has the chance to be famous, DNFT provides the way to help you reach the goal.
Here is the simple way to join our mint/sell/favorite NFT campaign
- Mint your NFT
- Sell your NFT
- Share the NFT with your friends and ask them to favorite the NFT you’ve posted on our market
- How many favorites your NFT got and the quality of your NFT determines your $DNF rewards
[Due date @10PM UTC 31th Dec 2021]
Emily: I found there is a part in DNFT mainnet called IGO, can you tell us more details?
Adam: IGO was the concept created by DNFT back in August this year when we launched our Blockchain Olympics. People can connect their wallets play the game and earn our token which is called $DNF. We also reward users with our medal NFTs when users hit a certain score.
At the moment there are a lot of GameFi and Play-to-earn games that need a platform to mint and trade their NFTs, so we’re providing the best platform for these projects.
The difference between our IGO and other IGOs are
- We won’t charge any GameFi projects fees to drop their games on our platform, that’s really friendly for game development teams.
- We will review each Gamefi project very carefully to help our users find the most profitable and interesting games to play. That’s our responsibility to our users.
- We will provide the most conspicuous places to promote good GameFi projects in our mainnet, which are on the homepage banner, market first page, and IGO main page.
Emily: For AI model as an NFT, can you give some more information about it?
Adam: The integration of NFT and AI model will bring infinite possibilities to both blockchain and AI industries.
If the NFT contract standard increases its compatibility for AI models, blockchain can be the potential settlement method and marketplace for AI model trading.
It will offer more options to the AI model owners or creators and AI model buyers when they are going to buy or sell an AI model. The increase of AI model liquidity will promote the development of the AI industry.
On the other hand, the appearance of AI model NFT will be the new blood of the NFT marketplace. According to that, AI model NFT will drive more attention from the conventional IT industry to the crypto world.
Emily: Can you introduce $DNF token?
Adam: Our origin token is ERC-20, and by applying our cross-chain bridge, our token is also live on BSC.
The DNF bridge will also allow users to transfer their ERC20 DNF to BEP20 DNF if needed.
The total supply of the $DNF token is 100 million. $DNF token has been issued and can be traded in three CEX which are Hotbit, Bitmart, and Hoo.
$DNF is now also available for trading on Pancake Swap
Emily: What benefits will $DNF holders have?
Adam: $DNF will have the following utilities:
1) DNF would need to be spent by users as the platform currency as a gas fee for their transactions to be processed.
2) In order to promote decentralized community governance for the network,$DNF would allow holders to propose and vote on on-chain governance proposals(DAO) to determine future features and/or parameters of DNFT Protocol.
3) Users which actively participate in the protocol would receive airdrops of DNF tokens and NFT for user engagement/participation.
4) As the native platform currency, users will receive discounts when paying with DNF within the DNFT ecosystem, e.g for purchasing NFT, NFT administration tax payment, or cross-chain transfer tax fee.
Emily: Please share with us the DNFT official links.
Adam: Telegram Group
Mainnet: https://app.dnft.world
Twitter: https://twitter.com/DNFTProtocol
Whitepaper: https://github.com/DNFT-Team/DNFT-white-paper/blob/main/DNFT_whitepaper.pdf
BSC Contract: https://bscscan.com/token/0x018f49822d593f88843777e0956af74c87012219
PART II: TELEGRAM COMMUNITY QUESTIONS
Adam picked 5 questions from the group
Q1.What are the most lethal and favorite features of your project that can distinguish it from other projects?
Adam: We’re aiming at becoming the most user-friendly decentralized NFT marketplace on BSC. Our cross-chain infrastructure is in the process of development. IGO and the launchpad to support Gamefi projects on BSC are also on the way, which will be massive.
Q2.You’re Hiring! Can I apply? What is your request? hope u see my question too much bot here
Adam: Now we’re hiring Marketing & Growth specialist, please check our link. We will also add one more Product Manager and Business Development to our team.
Q3.IF THE BEAR MARKET COMES will your token PROBABLY DUMP? Do you have any plans to prepare for this bear market? How will you handle the panic sale?
Adam: Everyone is afraid of the bear market. In fact, the bear market impacts our tokens trading to some extent. However maybe not that much for NFT and GameFi. The NFT market is still growing fast. See Adidas’ new NFT launch the day before yesterday, still very hot.
Q4.How do you plan to spread awareness about your project in countries/regions where English is not spoken well like Indonesia, Vietnam, India, Bangladesh and Iran, do you have local communities for them to make them better understand about your project?
Adam: Now we have English and Chinese groups. We do have plans for building new language groups. We would have more volunteers and ambassadors on board
Q5.Most users only care about immediate benefits rather than the real value of the project in the long-term. How can Your Project convince users invest to your platform in the long-term?
Adam: Our project started in Sep 2020, we joined several hackathons and all got awards. For example, in HECO grant we’re top3 among 150 teams in the world. Our value is based on our product and tech, so if our investors have a deep understanding of our project, then will have the patience to grow with us. We’re also really active on social media to update our progress.
About DNFT Protocol
DNFT Protocol is a decentralized cross-chain NFT network to Web3. It allows users to mint, trade, and manage NFT assets across blockchains, e.g. arts, game & metaverse assets, and data models. By presenting a Data-model as an NFT(DAAN) conception, DNFT pioneers the scenario of NFT applying to the AI industry. $DNF is our token. We’re Hiring!
