On December 7, 2022, AMAZY participated in the AMA session hosted by the OKX exchange. The answers from the side of our team were given by the CPO of AMAZY - Stanislav Zhupin. Besides Stanislav, the representatives of XANAMetaverse and Mars_Labs took part in the session. Many actual topics were raised and explained during AMA, so we’d like to share some of our scripts. Feel free to comment and ask more questions!
OKX: We are glad to have you here . I hope our guests are thrilled to share with our user today. Please introduce yourself to our crowd today & Could you also give us a brief introduction to AMAZY?
Stanislav Zhupin (SZ): Hello friends!
I am happy to join our event, in the AMAZY project I am responsible for product development. Let me remind you that AMAZY is a platform, not just an Move&Earn application. Speaking about our first project launched - equipped with our NFT sneakers, one can earn, and improve physical form day after day.
I am sure that the participants of the event have interesting questions and I think we can immediately continue the session in a dialogue format
OKX: General understanding of users is that NFTs are the future of art and collectibles? What is your opinion of other benefits or usage of NFTs?
SZ: I would add one important word to this statement. That word is "digital".
I think this is a huge new area of creativity, some people are good at brush painting, some people make incredible sculptures, and some people do amazing digital art.
I do not think that digital art should completely displace other areas, it is a separate industry that is developing at a rapid pace and I think it has an incredibly large potential. And NFTs could take a larger share of the digital art and collectibles market.
For many people, the term NFT causes a direct association with the picture. Sometimes with a picture that costs a lot of money. But we must know that the NFT is not just a picture. Globally, this is a new token standard. Absolutely any file can be turned into an NFT token.
Once upon a time, the ERC-20 token format was created, now we use many tokens of this format, and the most popular of them are stablecoins. Thousands of people use stablecoins, but few think of them as tokens of a certain standard that was once created.
I think that we will have many innovations and changes before this standard becomes familiar to all people. The most obvious uses for this format are documents such as vehicle passports or ownership of land or real estate. But it's all subject to many regulations, so maybe we'll see more progress somewhere else.
By the way, Telegram has recently introduced the sale of nicknames in its messenger as NFT. I think it's a big move selling nicknames/avatars/social media profiles in NFT format. If you think about Twitter and the possible ways of its development... Perhaps NFT in social networks might be the future trend.
Now NFT assets are used in various games and apps. I can't say that any ideal mechanism for introducing innovations into the world of Web 2 has been found. But we need to understand that this is already big progress, now users in games can not only contribute money to the game, giving 100% to developers but can also withdraw some money from the game by selling in-game resources to other players.
OKX: How do you make an NFT Project Successful?
SZ: Everyone's criteria for success differ. I know a lot of guys who made very good money on NFT projects, but now nobody needs these NFTs. I'm not ready to call it a success, although I really respect everyone who makes money in the market.
So if we take the amount of money raised by the team as success criteria, then everything becomes quite simple, you need an idea that will appeal to a large number of users in the current market conditions, and you need partners who have already been successful in this or related areas, a marketing team and a correctly calculated budget. You need to do it very quickly because market sentiment changes quickly and even the best idea today can be thrown into the trash in a few months.
In my understanding, success can be called the capture of a certain market share. Ideally, your project should be the best in its field, or at least be at the top. We are just in the process of creating such a project, so I will talk about it a little later : )
I will note the practical value of AMAZY. Our team has and will always appreciate the ease of use. Who needs an NFT project when it is unclear what to do with it? To do this, we created AMAZY Academy, where even a crypto newbie can easily understand everything.
Let's talk about quality next. The project team plays a very important role. We believe the experience and interest of each participant are a must here.
We are sure to follow our mission: to create a community of happy people, our community is the primary value. We are open for communication 24/7 in any social network convenient for our users in many languages. Come join us!
Telegram: https://t.me/amazyio_en
Discord: https://discord.gg/amazyio
Twitter: https://twitter.com/amazyio
OKX: How to validate the authenticity of an NFT?
SZ: Here we return to the benefits of NFT collectibles :)
One can always check the authenticity of NFT using a smart contract. But I really don't think it's the user's job. I think this is the responsibility of marketplaces. The user's task is to choose the right sites.
Of course, you should pay attention to the site where you make a purchase and the cost of NFT. A valuable original NFT will most likely never be sold on a non-official resource for a penny.
For example, we at AMAZY would love to see you on our official Marketplace: https://go.amazy.io/
Questions from the OKX community
What is the most ambitious goal of your project? Could share with us any Upcoming Updates?
SZ: Pretty cool question! We have big news to announce very soon. Our team has been working hard for the past months. And now it's time for hot announcements. We are planning a detailed AMA session next week, approx. on December, 12. Stay tuned for the AMAZY socials for more!
What do you have?
1️- Telegram Group
2️- YouTube Channel
3️- Medium
4️- Discord
5️- Twitter
6️- Website
For this project , where can I get the latest information and what is the latest plan for your project?
SZ: Sure, you're always welcome here at:
- Telegram Group: https://t.me/amazyio
- YouTube Channel: https://www.youtube.com/channel/UCZmUQmMOzxqXO11BKiBrZfw
- Medium: https://medium.com/@amazy
- Discord: https://discord.com/invite/amazyio
- Twitter: https://twitter.com/amazyio
- Website: https://amazy.io/
Do you allow suggestions and feedback from the community? Are we allowed in decision making, do you put community into consideration ?
SZ: Community plays a huge role and is definitely a part of our big AMAZY family! We're always grateful for any feedback and always bring it to our team.
OKX:Many thanks to our guests for being open and offered such valuable information about NFT. I hope you, once again learned something new today, together with OKX in our AMA session.
SZ: Thanks a lot for inviting me to join your AMA! It was really a pleasure!