Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Token || Traxx and our guest was . The AMA took place on the 9th of March.
The AMA session was divided into 3 parts with a total crypto reward pool of $500
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Telegram&WebSite
Jonah 🏅🎹 | Satoshi Club
Hello Dear Satoshi Clubbers welcome to our AMA session with Token || Traxx
Our Guests today are @tommydanvers @brianelders @pptaylor @henryclay
Hello welcome to Satoshi club
Robocop | Satoshi Club
Hello Satoshi Club community !
We are pleased to announce today AMA with Token || Traxx
Jonah 🏅🎹 | Satoshi Club
Hello Guys welcome
Brian Elders
Hello
TommyD 🙂
hello!!
Robocop | Satoshi Club
Hello welcome to Satoshi Club @tommydanvers @brianelders
Brian Elders
Deligted to be here
Jonah 🏅🎹 | Satoshi Club
How are you all doing today?
TommyD 🙂
really good
Brian Elders
mighty
TommyD 🙂
mad busy
so many people want this token!!
fielding so many
Jonah 🏅🎹 | Satoshi Club
I can see that there is a lot of Excitement in the air already
Robocop | Satoshi Club
Cant wait to do AMA with Token || Traxx today
Jonah 🏅🎹 | Satoshi Club
Let’s start our AMA
TommyD 🙂
yeah thank you for having us
Jonah 🏅🎹 | Satoshi Club
Can you please introduce yourselves to us, how you got into crypto and how the project Token || Traxx started?
Brian Elders
I am Brian, one of the cofounders
I to be in banking with a legal, finance and mathematics background and then discovered crypto
I am super interested in how crypto / tokenisation etc will change the world
I have Sors Digital Assets (an Irish VASP) a custodian called Fortuna am a parnter in a digitial securities firm called Black Manta & am on some governance boards etc in addition to TT
Never a dull day
TommyD 🙂
I’m TommyD
I’m an award winning Music Producer, Songwriter, Artist, DJ,
TV Presenter, Public Speaker and founder and creator of Token||Traxx
Brian Elders
Tommy is more exciting than myself
Jonah 🏅🎹 | Satoshi Club
Impressive
Robocop | Satoshi Club
Perfect ! both of you have a great background and experience
TommyD 🙂
I’ve spent all my life mixing, mixing genres, mixing tunes, mixing whisky.
Got into crypto in 2016
Absolutely love the space and the community
Change is needed and change is coming
And blockchain will be at the heart
I’ve worked with everyone from Kanye to Kylie and sold over 60 million units and had over 4 billion streams!
So I know music creators like i know something i know REALLY WELL
Jonah 🏅🎹 | Satoshi Club
Very Impressive
TommyD 🙂
Kylie!!!
Love the girl
Robocop | Satoshi Club
and also can you please introduce to us what is Token||Traxx ?
TommyD 🙂
Token||Traxx is a music discovery, sharing and trading marketplace.
but the wider the concept is to look at every aspect of music engagement and how we can innovate it with blockchain
I have been a professional music Creative for 30 years
I’ve been signed to major labels and publishers, worked with big and small artists and sold and streamed billions along the way.
I’ve seen the pitfalls, the traps and the sharks but I’ve also seen the incredible power and beauty of music and how it can transform lives.
TommyD 🙂
It’s always a slog and it never gets easier but with the right tools everyone gets a chance and with NFT and blockchain I see the opportunities
That’s why 18 months ago I devised the concept of Token||Traxx and diligently and methodically building our team ever since.
Robocop | Satoshi Club
Wow, you have great connection with famous musician ! that’s really awesome
Jonah 🏅🎹 | Satoshi Club
At the moment how many people do you have working on this project?
TommyD 🙂
we’re a team of 36
Brian Elders
You are chatting to a famous musician in Tommy!!!
TommyD 🙂
really amazing cross section
I always say if you want to look like a genous sorround yourself with genius’
Brian Elders
the team is what makes us stand out from the crowd
TommyD 🙂
haha!
I just make music
And tech
And whisky
Robocop | Satoshi Club
i’ll be remember this day
Brian Elders
Miles Leonard for instance
Miles is a top British music industry executive ex Chairman of Parlophone & Warner Bros. Records UK,
He previously worked for Virgin Records, EMI Records etc
Jonah 🏅🎹 | Satoshi Club
So does this mean I’m a Genius to have Hosted a Genius here today
Brian Elders
He is our music industry heavyweight
or Jure Zih … who has been involved in NFT’s since I can remember back in 2017
Jonah 🏅🎹 | Satoshi Club
You have very impressive sets of connections and people working with you
Brian Elders
for sure
Jonah 🏅🎹 | Satoshi Club
Thank you for the introduction
Robocop | Satoshi Club
Thank you for the great intro !
Jonah 🏅🎹 | Satoshi Club
We will like to proceed to community questions now, are you ready?
Brian Elders
We could keep going! there are so many great people
But yes lets go on as you wish
Robocop | Satoshi Club
let’s continue to part 1 with 6 question from our community
Robocop | Satoshi Club
Q1 from Telegram user @thisistoyin
Greetings TRAXX Team
I understand that your projects Aims to Merge the Blockchain Tech and the Contemporary Centralized Music Industry, with that in mind, i would really like to know the Forms and Types of Strategies you’ve adopted to futher Bring or Attract the Large Numbers of Untapped Music Listeners and Also Artist to your Ecosystem, how user friendly is your Tech? Is there an easy guide to which New Crypto Users can easily relate to? What are the Major benefits being a User of your Technology? Furthermore i would like to know if you also have Any Form of Artist Management Or An Educative platform to which Young and upcoming artists could be able to better their skills and futher understand Defi. Thank you
TommyD 🙂
The Token||Traxx goal is to bring new users into crypto
At the moment the NFT scene is quite circular with everyone buying each other’s NFT projects
The key to onboarding is to first provide a super easy platform to discover, share and trade NFT’s
But then the education and ultimately success
That’s essential for easing people into this space in a way that’s respectful and not condescending
Miles, myself and our wider talent onboard team know artists, we know how to talk to them and get the best out of them
TommyD 🙂
We work on campaigns, 6–12 months
its about understanding and planning an artists web3 strategy
Most don’t understand so we hand hold them through the process. It’s essential to look at what they have to offer fans and NFT collectors and then work a campaign around that
Essential is community
How will your NFT transform peoples lives as well as your own?
We’re doing all kinds of mad drops as well but you’ll only find out about them if you’re on the Token||Traxx guestlist at www.tokentraxx.com
We are working with some BIG names so lots coming u[
up even
Robocop | Satoshi Club
By the way, do your NFT marketplace already active ?
Brian Elders
And maybe buy a few TRAXX!!!
It can be tested, and is being tested
TommyD 🙂
Coming VERY soon
Brian Elders
but not released for public yet
Jonah 🏅🎹 | Satoshi Club
Is there any requirement to join the guest list?
Robocop | Satoshi Club
can’t wait to check them, and can you please share the roadmap to us? so we can know new update from Token||Traxx
Paul Taylor
https://tokentraxx.com/explore#roadmap
We are planning the the beta site launch for March 21 , with the full site on May 14
We will be running a series of NFT drops from March 21
Jonah 🏅🎹 | Satoshi Club
Exciting
Thank you for your Answers
Ready for the next question now?
Robocop | Satoshi Club
Thank you for sharing this
Paul Taylor
happy to !!
Robocop | Satoshi Club
Q2 from Telegram user @Josegamboac
Token||Traxx has a vision to bring fresh innovation to reward people’s creativity fairly. their goal is to forge a whole new way of creating, curating and collecting music through NFTs, enabling true creative freedom in music, something they call Music 3.0. What is the real concept of music 3.0 according to Token Traxx? What is the innovation of this model? What are the rewards that creators, artists and fans receive through Token Traxx?
TommyD 🙂
Great question!
Music 1.0 — Listen
Music 2.0 — Listen + Share
Music 3.0 — Listen + Share + Own
We’re looking at two sectors in music
First is to build a new system based around direct artist to fan engagement, utilizing a membership scheme and NFT drops
This is essential to the education and onboarding I mentioned earlier
He second is to work with the legacy industry
95% of all top 10 singles have been on one of 3 major labels then those relationships need to be addressed
Miles and I have worked with the majors all our lives. We know them we speak their language
Paul Taylor
sure I can help with the rewards
Token Traxx is a memberships economy
Paul Taylor
Want discounted gig tickets — you got it -TT is collaborating with promoters to deliver
Want your favourite unsigned artists on the platform — you got it — TT holders will be able to submit artists proposals and vote on the weekly feature
Want access to lifetime festival passes? — you got it — TT holders will get first access to these drops
Want lifetime club membership? — you got it — TT holders will get first access to these drops
Want limited edition merch? you got it — TT holders will get first access to these drops
Want fan experience packages — you got it — TT holders will get first access to these drops
Want free mentoring sessions with TT creators? you got it -TT holders can apply for these sessions
Paul Taylor
Want an annual awards event? — you got it -TT holders can vote in and attend the annual TT academy awards
Want access to exclusive TT club nights — you got it — TT holders and VIP guaranteed
Want to profit from supporting your favourite artists? — you goat it -TT is working with selected partners to provide staking opportunities
Want to champion a sound? -you got it TT holders can vote on a monthly TT platform focus -say Asian fusion or afrobeat
Jonah 🏅🎹 | Satoshi Club
So many benefits
Brian Elders
thats just the start
Paul Taylor
Want to champion a sound? -you got it TT holders can vote on a monthly TT platform focus -say Asian fusion or afrobeat
Want to hear innovative new music? — you got it — TT holders will be able to access the VIP choon room curated by the TT Team
Want to earn for Curating a playlist? -you got it — Each month a TT holder will be invited to Curate and post a playlist and earn from this
Robocop | Satoshi Club
there are so many reward
TommyD 🙂
Yeah a token is essential to creating a great rewards system for music
Paul Taylor
I could go on
TommyD 🙂
Artists create their own communities anyway
Paul Taylor
The creators get to develop a fantastic new relationship with fans
TommyD 🙂
Its totally natural to them]
Robocop | Satoshi Club
Thank you for the detail answer !
Jonah 🏅🎹 | Satoshi Club
Thank you for your Answers
Paul Taylor
hope that gives you a flavour of what we will achieve
Jonah 🏅🎹 | Satoshi Club
Yes it does Let’s proceed to the next question now @Pratze
Robocop | Satoshi Club
Let us continue to next question
Robocop | Satoshi Club
Q3 from Telegram user @Ask4unik
It is intended that Token||Traxx will be transformational in the music space that empowers the community to own a stake in the future of music. Does TOKEN TRAXX have any maped out staking program where holders of TRAXX TOKENs can stake ? What’s the minimum or maximum amount of TRAXX TOKENs to be staked? Are there different types of staking pool that Users can select from? Holding TRAXX tokens will deliver a wide range of functional benefits.Can you be tell us some of the used cases of TRAXX TOKENs?What are the functional benefits of holding TRAXX TOKENs?
Paul Taylor
We do indeed. We will announce our staking protocols in our media groups a couple of days before the TGE on March 14th — but rest assured…..
The rewards and benefits will be mega !!
TommyD 🙂
🤘 Launch guestlist: www.tokentraxx.com
💬 Telegram chat: https://t.me/TokenTraxx
📣 Telegram News: https://t.me/TokenTraxxNews
🗣 Twitter: www.twitter.com/Token_Traxx
🎶 Discord: https://discord.gg/gz26euhJ
✍️ Medium: https://tokentraxx.medium.com/
Paul Taylor
Holding Traxx tokens will get members access to the rewards mentioned earlier + can pay transaction fees for NFTs
Jonah 🏅🎹 | Satoshi Club
Thank you for sharing this
Paul Taylor
have a look at the gitbook
Brian Elders
Robocop | Satoshi Club
Do you have a link or article about how to join the TGE on March 14th ?
Brian Elders
Lets share some links
But the process is KYC — get whitelisted — buy
Paul Taylor
Jonah 🏅🎹 | Satoshi Club
Thanks for sharing
Brian Elders
https://tokentraxx.com/tokensale/
Jonah 🏅🎹 | Satoshi Club
I am clear on this now
Robocop | Satoshi Club
Don’t miss this opportunity Satoshi Clubber ! Join now !
Brian Elders
Don’t be surpised by Sors … it is my company and it is doing the KYC for TT
Jonah 🏅🎹 | Satoshi Club
Thank you for your Superb answers
Ready to proceed to the next question?
Robocop | Satoshi Club
Thank you for the clear answer !do you want to add something or we can go to next question?
Paul Taylor
yes please
Robocop | Satoshi Club
Q4 From Telegram User @iceVermithraxx
Focusing on the Three main driving forces of TokenTraxx Platform which are the Creators, Curators and colectors. TokenTraxx provides a powerful opportunity for Creators to engage on every level with fans in unprecedented ways using NFT technology, whilst simultaneously creating a whole new income stream. Can you briefly explain on creators, curators and collectors and functions of each in TokenTraxx Platform? How can I register to become a creators, curators or collectors in TokenTraxx? Will music right, Royalties and Revenues be supported for Creators in Token||Traxx? How can Curators earn from their Ability to spot untapped potential and bulid their own playlist?
Brian Elders
How can I register to become a creators, curators or collectors in TokenTraxx?
https://tokentraxx.com/#guestlist
TommyD 🙂
Token||Traxx is designed to support the symbiotic relationship between three tightly defined groups within the music community
These are music’s Creators, Curators and Collectors
The interaction between them forms how we discover, engage, share and fall in love with music.
Creators — Create music — musicians, producers, songwriters, etc. Creators need support to be able to keep creating.
Curators — Find, filter and elevate music — DJ’s, A&R, Influencers, social media tastemakers, etc.
Jonah 🏅🎹 | Satoshi Club
I Just did now
TommyD 🙂
Curators make it easier for the wider community to define quality and excellence.
They need to be rewarded for the effort they make
Collectors — Collect music, sometimes specific genres, artists, or rare versions
They need to be empowered with the ability to find potentially valuable hidden gems
It doesnt matter what level you are Token||Traxx is for you
Jonah 🏅🎹 | Satoshi Club
This makes it all the more exciting
TommyD 🙂
We are developing the FUCINFT
This is our royalty NFT
A FUCINFT (Fractionalised Utility Community Infused Non Fugible Token) is a special NFT token that incorporates music rights
Paul Taylor
its a cracking name !!
Jonah 🏅🎹 | Satoshi Club
Yeah
TommyD 🙂
It’s a revolutionary idea allowing fans to directly share in the royalties generated in the traditional music world and therefore the success of their favourite artists
Robocop | Satoshi Club
so is this mean its unique,rare, and special ? how we possible to get this ?
TommyD 🙂
but also spawns the concept of music ‘traders’ whose talent is to spot an early stage artist and invest in them
Brian Elders
on the Token||Traxx platform
TommyD 🙂
We are working on the concept of monetising a playlist
Jonah 🏅🎹 | Satoshi Club
Sounds Great
TommyD 🙂
but its going to revolutionise your abillity to find and share music
TommyD 🙂
We’rew all curators
I bet each and everyone of you has an artist or piece of music that you know is amazing and you want to share it
Brian Elders
for sure
TommyD 🙂
On Spotify you get nothing for that talent
Jonah 🏅🎹 | Satoshi Club
True
TommyD 🙂
On Token||Traxx you will
BRING IT ON!!
Jonah 🏅🎹 | Satoshi Club
This will truly revolutionise the music industry
Brian Elders
it will
Jonah 🏅🎹 | Satoshi Club
Thank you for your answers
Robocop | Satoshi Club
Thank you for the perfect answer
Jonah 🏅🎹 | Satoshi Club
Ready for the next one now?
Robocop | Satoshi Club
lets continue to next question
Robocop | Satoshi Club
Q5 From Telegram User @meml97
It is known that when it comes to music, creators often don’t receive the rights, revenues and royalties they deserved, ending up with less payment the deserved or even not having the rights to their own music. So, I was wondering, can you tell us more about how Token Traxx will handle this legal situation when it comes to the rights and revenue creators get from their own work on your platform? Will artists be the only owners of their music or will some right go to the platform? Also, tell us more about how much royalties will they received from their music on Token Traxx? Will the amount of revenue they received depend on the reception their work gets or will it depend on something else?
Jonah 🏅🎹 | Satoshi Club
Partially covered
Robocop | Satoshi Club
but i believe there are still something that you can add here
TommyD 🙂
I can talk about this for days!
Brian Elders
for sure — the technical parts we have spent weeks on
TommyD 🙂
First of all we don’t take any rights
Thats for the labels
Thats the system we’re changing
Artists keep 100%
We are providing the facility for artists to manage their Web3 strategy
And they need a web3 strategy
This is the future and they need to be part of it
For best answer to this and all questions please join me on my weekly NFT Music Twitter space every Monday at 6pm UK time
Jonah 🏅🎹 | Satoshi Club
Awesome
Jonah 🏅🎹 | Satoshi Club
Go follow Guys and turn your notifications on
Jonah 🏅🎹 | Satoshi Club
Thank you for your Answers
Jonah 🏅🎹 | Satoshi Club
Let’s proceed to the last question for this part
Robocop | Satoshi Club
are you ready for the last question from part 1 ?
TommyD 🙂
lets do it
Paul Taylor
yes please
TommyD 🙂
Great questions
Robocop | Satoshi Club
Q6 From Telegram User @chinyere2020
The TokenTraxx team wants to mix the best elements of the traditional music business with the concepts of Web3. Those traditional elements revolve around artist discovery and development”. In order to achieve this, you decided to introduce the TokenTraxx Creator Accelerator Program through which some of the most respected and established music professionals have been brought together to provide mentorship and support for key artists. Can you give more information about this? How can interested Creators take part in this Accelerator Program? What are the requirements that Creators must meet to be able to access a mentor through this program to help them with their music development?
TommyD 🙂
We have an amazing team which we are build ing on every day
They are Grammy, Brits and Oscar winners and titans in music
We want to help artists with their music not just their Web3 strategy but the two go hand in hand
I always say get the music right and the rest will follow
So join up to the mailing list as we’ve already started onboarding
Jonah 🏅🎹 | Satoshi Club
Will there be like a one on one mentorship?
Paul Taylor
We plan to work our community to help us design this accelerator programme
TommyD 🙂
Depends how many TRAXX tokens you have
Brian Elders
Boom
TommyD 🙂
We are community based support as well so other artists helping each other
TommyD 🙂
Haha
Jonah 🏅🎹 | Satoshi Club
Thank you For your answers
It was a pleasure having you answers our community questions so far
Robocop | Satoshi Club
Thank you guys ! it has been an amazing time in this first part of the AMA
TommyD 🙂
Its been amazing thank you
Jonah 🏅🎹 | Satoshi Club
We will now like to proceed to the second part where you will be asked questions directly by our wonderful members
Robocop | Satoshi Club
Now is time to proceed with the second part, the live segment from our community part 2, are you ready?
TommyD 🙂
yes!!
Jonah 🏅🎹 | Satoshi Club
The chat will be opened for 120 seconds..
Part 2 — live questions from the Telegram community
Q1 from Telegram user @krish_crypto22
To Increase the userbase & reach of Platform,Does Traxx has Plans to connect many “Regional Community” along with “Local Ambassadors”?
Paul Taylor
For sure — we think that if a musician in say Uganda sells a couple of NFTs for $10k, that can lifechanging in those economies where life can be harder than it is elsewhere — we will set up exactly that Local players — we believe in tech for good
Q2 from Telegram user @rocky0013
How will Traxx value it’s community? How can I be on the guestlist? What is the benefits for holding Traxx token?
Paul Taylor
https://tokentraxx.com/#guestlist
Q3 from Telegram user @Zohaya
What are the prerequisites for becoming a Token Traxx curator and collector? Is it necessary for them to hold Traxx tokens?
Brian Elders
TRAXX powers the platform and they will be necessary to unlock certain features
Q4 from Telegram user @Nonerlike
Regarding artist does your platform support music and songs other than english language? Are you a global project or local project and how do you plan to educate about your project in the future?
Paul Taylor
We will be starting in English, but we must have other languages and specialised regions -Music is global so will we be
Q5 from Telegram user @captainprice111
I think that music has lost its old value, old melodies and words dance in harmony with each other and I miss those times, especially as a classical music fan. My question is: How is the TokenTraxx team working to restore the music to its original value? Can TokenTraxx revolutionize music?
TommyD 🙂
This is a great question and one that is at the heart of what Token||Traxx is all about. The basic essensce is what do you as an artist have to offer that others want? Listening to your music online has gone. Thats covered by streaming and is mostly free so what else do you have? People want to be closer to you, they want to have a more personal relationship and they want exclusivity and experieneces. All of that can be packaged into NFT concepts and campaigns. Its about being imaginative with your drops and taking the time to take your fans on the journey with you. The big difference is with an NFT those fans can trade that support. So a fan might by 10 NFT’s of a young Ed Sheeran for example, sell 5 for a massive profit when he hits big but still have 5 to say I was there
Q6 from Telegram user @krish_crypto22
To Increase the userbase & reach of Platform,
Does Traxx has Plans to connect many “Regional Community” along with “Local Ambassadors”?
Brian Elders
Music is global and TT has global ambition. There will be initaitives to incubate music loving communities all over the world
Q7 from Telegram user @kammando2
What CHAINS you have Launched In the TOKEN|| TARXX, In Future Do You Make this Platform a MULTI CHAIN, Which BLOCKCHAIN are Currently Launched ?
Paul Taylor
Multichain is the future — we are on the Eth main net and will be bridging to Polygon, Zilliqa initially and then onto BSC and others — its important to have as wide an access as possible
Q8 from Telegram user @Sulyvahn_DS
Can you give us more informations about TRAXX Token Sale how to be eligible and what is required ?
Paul Taylor
Q9 from Telegram user @ZHACK12
Government regulation and security are needed to be a satisfying social network site between local and foreign investors. We’d want to learn information regarding Token//Traxx And your privacy and security. Have you successfully completed your launch pad so far?
Paul Taylor
great question : all your info is here -TGE March 14th !! https://tokentraxx.medium.com/our-tge-is-taking-place-on-march-14th-heres-how-to-use-the-sorted-dealroom-and-secure-a-bag-of-4f36cacdd64d
Q10 from Telegram user @captainprice111
I think that music has lost its old value, old melodies and words dance in harmony with each other and I miss those times, especially as a classical music fan. My question is: How is the TokenTraxx team working to restore the music to its original value? Can TokenTraxx revolutionize music?
TommyD 🙂
Its not our job to revolutionise music. I think theres a huge amount of amazing music being made now but its hard to find because of the issues ariound the current music system. I created a feed last night that explains https://twitter.com/TommyDanvers/status/1501329072428879874?s=20&t=Xbvf5OI7zmsDj6LKNeUxug
Part 3 — Quiz Results
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.
For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club/
Russian Telegram group: https://t.me/satoshi_club_ru/
Spanish Telegram group: https://t.me/satoshi_club_spanish/
Telegram Channel: https://t.me/satoshi_club_channel/
Twitter: https://twitter.com/realsatoshiclub/
Website: https://esatoshi.club/
Our partners:
Telegram chat: https://t.me/TokenTraxx
Telegram News: https://t.me/TokenTraxxNews
Twitter: www.twitter.com/Token_Traxx
Medium: https://tokentraxx.medium.com/