
Thanks a lot for actively participating in the Colexion AMA held on 1st Jan 2022 at the Game of Bitcoins Channel. We really appreciate all your support. This post is a recap of the entire session held with Colexion
We have with us Abhay
I myself come from a Mining Industrial background. Invested in a couple of startups. Active in the tech space. Developed my interest in the Crypto space in late Dec 2020 and since then there is no looking back.
COLEXION (Authenticated Celebrity NFT platform, personalised virtual museum, play to earn games, virtual tournaments and metaverse)
SEED is filled with Brevan Howard, Hyperedge Capital, Polygon etc. as lead investors.
Colexion licensed celebrity NFT platform which shall be affordable for the masses to own a piece of their favourite superstars from major Indian movie stars, international cricketers and other sports stars where each NFT will be unique. We will use personalised celebrity content using their voice with the NFT specially curated by the best digital artists under the Colexion umbrella. Colexion is not only about NFT’s but an experience of NFT’s for users by launching a virtual museum of legendary celebrity depicting their life journey in the Colexion virtual museum which is part of Colexion metaverse which will in the future involve breathtaking tournaments, concerts and more expansion in the metaverse which shall be unique with a diverse community working together to achieve a common goal. A metaverse that will still be growing, evolving, and actively played in 100 years. To achieve this, development and management of Colexion will be decentralized, with governance decisions and participation by using the Colexion tokens which is CLXN.
Colexion have acquired exclusive rights of more than 50 international cricketers from around the world, 15 bollywood, tollywood and TV stars, various sporting leagues of India and other legendary athletes from India with their exclusive NFT rights, fan tokens, gaming rights and brand endorsements with a combined social media following of over 200 million fans.
Colexion will work to get more exclusive licences from celebrities around the world to keep on adding value to its metaverse and virtual games.
Celebrities being part of the revenue will actively support the ecosystem and help keep on building a strong community among their fans.
Colexion Galaxy sits at the intersection of NFT gaming, virtual museums and the metaverse. Colexion can be understood using four words, creators, collectors, celebrity and community.
Website : www.colexion.io
Our Social media links:
Twitter: https://twitter.com/colexionnft
Medium: https://medium.com/@colexion_nft
Telegram: https://t.me/ColexionOfficial
Facebook: https://www.facebook.com/ColexionNFTs
LinkedIn: https://www.linkedin.com/company/colexion
Instagram: https://www.instagram.com/colexion.nft/
Q1. What do you consider to be the best features of Colexion? Are there any features that Colexion has that we can't get on any other platform? Where can we stay informed of all the news that Colexion has to offer us?
So answering this, NFTs are the new hot topic in this digital era. There are several NFT marketplaces around the globe; what makes us different is that we offer a variety of services. Most of them focus mainly on one or two NFT services. We have celebrity collaborations, trump cards, collectables, digital arts, digital museums, and much more. We are a bigger metaverse tbh.
We are covering the entire lifecycle of NFTs. We offer more features on Colexion than you can find on any other platform. Colexion is much more than just an NFT marketplace; we are an NFT experience. Hence we are not just different; we are better than other existing NFT marketplaces. And this is being said not just based on my interest in the company but actual facts.
Q2. What major partnerships does you project intend to use or how does your project bring its products to the average consumer - especially non-crypto users?
So we have a lot of partnerships in place
CV VC labs
ZBS capital
Crypto differ
Polygon
Brevan Howard
Hyperedge Capital
Jump Capital
GSR
These are all the big names that we have as Strategic partners
The way we have been targeting non crypto users is by doing EXTENSIVE traditional marketing.
We have done Newspaper ADs in the whole of India for Yuvraj Singh's drop
We have done a lot of other partnerships to spread the word out.
There is no denying that making people aware of NFTs is the real challenge for India right now.
Besides this Crypto Marketing is on full throttle. We havn't left any stone unturned.
We have made our purchasing process and UI-UX so simple that a avg user can go and buy
We have even enabled Fiat options for the same. So non crypto users are most welcome
Q3. What are your top priorities 2022, so Could you share some plans for the upcoming year?Which part of the project are you most focused on right now?
The main focus from the past month has been product launches. Hardly any crypto project launches their product first and then launches their tokens. We are a solid company as can be judged.
We have launched the drops and product in the past month and now we will focus on the token launch in Jan along with a couple of other product launches.
Our main points
1. NFTs with utilities
2. A complete ecosystem of NFTs. A virtual museum, NFT gaming, interactive NFT drops, a complete metaverse to be launched soon.
3. Several categories,
Art
Sports
Entertainment
Lifestyle
Our upcoming priorities are Marketplace
Games NFT
IDO
Token launch
Q4. I read that in Colexion, The celebrities for now are mostly from India. But in the future, they will be incorporating bigger celebrities from many other nations? Why have you decided to start with India and which celebrities are currently part of Colexion?
Wanted to cover a market no one actually thought of covering properly before
We are actually the biggest Licensed NFT marketplace in Asia right now.
There are a lot of celebs which are a part.
Let me get the Sample list
Dwayne John Bravo
Kieron Pollard
Kagiso Rabada
Glen Maxwell
Nicholas Pooran
Sunil Narine
Brendon McCullum
Chris Morris
David miller
Alex Carey
Adam Zampa
Marcus Stonis
David Malan
Kylie Jameison
Salim-Sulaiman
Evin Lewis
Imran Tahir
Rassie Van Der Dussen
Aiden Markram
Dawid Wiese
Morne Morkel
Heinrich Klaasen
Rilee Rossouw
James Neesham
Varun Chakravarthy
Daniel Wyatt
Tanuj Virwani
Krissann Barretto
Rameet Sandhu
Aamir Ali
Yuvraj
Suniel shetty
Samantha and Kajal Aggarwal from down south.
We have already started onboarding international players as well.
Celebs too
Q5. With hack every day, security is now at heart of every user, so could you elaborate on how Colexion strengthen your security measures, risk policy etc to safeguard your protocols?
We have Hacken. They have given us 100% bug free report now.
And we constantly get things checked even for our website security.
Hacken btw is world most renowned security company
Q6. Many blockchain projects are on paper only and no product or product has no practical meaning. Please let us know what is your project currently practical product in use? What are your plans for the product to be better in the future?
Yeah. Totally agree.
We already launched our product in December before launching the tokens and did 2 drops
All NFTs sold on our platform are going to be the most PREMIUM yet AFFORDABLE ones.
So the first drop that we did was of the Trump Cards of 30 Celebs together on 12th December.
Prices at 30 usd Only
Then we have now dropped Yuvraj Singh's NFTs at 40 usd.
2500 units only. A couple left!
Talking about quality, we consider HQ to be the ones which are of someone having a brand value and then when it comes to creation, it has to be either something imp part of their life journey or something that we create with consent in a top quality fashion
Both Trump cards and Yuvi's NFT have great utilities.
Both are available to buy
Q7. Can you tell us about your team members? are they qualified and professional in their fields? what are the recruiting qualifications for team members for your extraordinary project?
I have introduced myself before but doing it again along with the basic team info this time.
I myself come from a Mining Industrial background. Invested in a couple of startups. Active in the tech space. Developed my interest in the Crypto space in late Dec 2020 and since then there is no looking back.
Then we have Bibin Babu, COO and co-founder. He also has been actively investing in tech startups along with building a couple of companies.
Our CTO, Mo Akram has been into tech for 12 + years and has ample experience in the blockchain space.
Besides this, we have a Chief Design officer who is ex discovery, Microsoft. Then Creative Director with Tier A company experience too. We have a strong team of 70+ people working full time with us. And a couple a agencies giving outside support
Q8. Can you tell me more details on the IDO? The schedule and contribution for each?
IDO happens this January Mid
Stay tuned and join our official channels
We are going on some BIG places so stay tuned and don't miss out on the opportunity
Q9. Can you list 1-3 killer features of this project that makes it ahead of its competitors? What is the competitive advantage your project has that you feel most confident about?
I talked about it
Our main points
1. NFTs with utilities
2. A complete ecosystem of NFTs. A virtual museum, NFT gaming, interactive NFT drops, a complete metaverse to be launched soon.
3. Several categories,
Art
Sports
Entertainment
Lifestyle.
Q10. What is PROJECT's revenue model? In which ways do you generate revenue/profit?
There are several ways
For instance on initial purchase we as a platform receive a cut.
We also earn some royalties later.
Besides this we have virtual museum of legends which can be accessed via tickets.
Besides this, we have NFT drops which are the main revenue stream
We keep complete utility for our NFTs thus getting best revenue from the same.
Utility is what we ensure is there. Nowadays almost all NFTs have nothing but just a creative being sold as an NFT
For instance,
These are the uses of our Trump Card NFTs
1. Play and win games ( mega rewards for people holding trump card first edition )
2. Authenticated NFTs with each celeb voice and sound
3. chance to meet the superstar in person
4. chance to win signed merchandise like t-shirt, cricket bat, pads, gloves, helmet from the celebrity himself
Artists are given Royalties as well as a part of each initial sale.
And besides Monetary stuff, all have signed with us EXCLUSIVELY just because we are helping them connect with their fans in the most genz way possible
Would like to share some interesting tweet links
https://twitter.com/YuviDAO/status/1474377634784202752?t=MYu9SeKAMaxeshiSS02y8w&s=19
Someone actually created a DAO for the bat we auctioned
https://twitter.com/YUVSTRONG12/status/1474596198304518145?t=MYu9SeKAMaxeshiSS02y8w&s=19
Yuvraj also shares the snapshot.
So we dropped a Bat of Yuvraj's on 25th and it got so famous that people created a DAO with it
Though the DAO couldn't win the bid
The bat was sold at 16 ETH on 30th
Besides this as I mentioned we have trump cards of 30 celebs live together and it became the world's biggest nft drop coz there has been never ever an instance where 30 celebs were dropped together
We are soon having our IDOs on MAJOR platforms.
Then exchange listing is going to be a TIER A straight!