We were delighted to welcome our guest from MYRA. The AMA took place on November 26th, 2021 and our guest was @themyran!

The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.

Part 1 — introduction and questions from the Telegram&Bitcointalk community

Jonah 🏅🎹 | Satoshi Club: Dear Satoshi clubbers welcome to another AMA session

Paul Mont | Satoshi Club: Today we are excited to announce our AMA session with Myra AI!

Jonah 🏅🎹 | Satoshi Club: Our guest today is @themyran

TheMyran: Hi Everybody!

Jonah 🏅🎹 | Satoshi Club: Hello and welcome to Satoshi club😊

TheMyran: Thank you its great to be here

Paul Mont | Satoshi Club: The pleasure is all ours! 🥳

Jonah 🏅🎹 | Satoshi Club: We are super glad to have you join us here today..

TheMyran: of course, i have been looking forward to it all week 🙂

Paul Mont | Satoshi Club: Let’s get started with a brief introduction 🙂

Paul Mont | Satoshi Club: Please tell us more about your background and also how you got to be involved in crypto.

TheMyran: Of course

TheMyran: I am Brian, AKA TheMyran

TheMyran: I have been working in blockchain for many years, primarily with build support and implementation of predictive and behavioural systems

Jonah 🏅🎹 | Satoshi Club: TheMyran is actually a cool name. 😎

TheMyran: unlike most people, i didnt hear about crypto off the back of other conversations or on the news

TheMyran: i actually had an opportunity to read Satoshi’s whitepaper before I even understood the gravity of what it would become

TheMyran: but the seed was planted, and while I tiptoed around crypto for many years

TheMyran: it wasnt until many years later i had my first opportunity to assimilate!

TheMyran: and i never looked back, only forward, to ensure my future was engrained in blockchain

Jonah 🏅🎹 | Satoshi Club: You sure made the right decision

TheMyran: which eventually brought me to meeting the core devs of Myra AI

TheMyran: and this was my moment, so i took it

Paul Mont | Satoshi Club: We all have had different epiphanies before really understading and realising the true potential of the blockchain world 😉

TheMyran: indeed this is true, and Myra AI challenges me to be better for crypto

TheMyran: i love it, its my passion

Paul Mont | Satoshi Club: And this is great! And brings me to ask you to get more in-depth with your beautiful introduction 😉

Paul Mont | Satoshi Club: So, what’s your role in Myra and what are the core concepts and foundational principles behind Myra AI ?

TheMyran: Proudly, I am CTO at Myra AI

TheMyran: Myra AI is designed to take away the risk incurred by every day traders, and to allow retail/consumer traders an entry into the market while providing loss prevention in a way that is accessible and easy to understand

TheMyran: Our platform is designed for mass adoption, at scale, and to do this, we need to remove the boundaries that set apart free thinking and fear mindsets

Paul Mont | Satoshi Club: It’s easy to see how, even in a nutshell, the potential implications could be huge 🚀

Jonah 🏅🎹 | Satoshi Club: Yes I agree with you..any mechanism that will help prevent losses for everyday traders has potentials

TheMyran: exactly, our ecosystem will be vast, but the cornerstone, is allowing you, me, john at the bakery, sarah at the barber, guaranteed profits, free from risk and oppression

Paul Mont | Satoshi Club: Gotta love the premises 🙂

Paul Mont | Satoshi Club: Thanks a lot for the intro @TheMyran!

TheMyran: of course@!

Paul Mont | Satoshi Club: There are many details that we’d like to flesh out and learn about Myra AI. Without further ado, if you agree, we can move to the community questions 🙂

TheMyran: for sure, lets do it

Q1 from Telegram User @cheriemike

MYRA is said to offer the every day investor access to top tier Crypto Trading AI, through staking their $MYRA tokens on their investment platform to earn guaranteed %APY.So can you tell us the minimum% of $MYRA token users need to stake?How many top tiers are there for users to stake in?How will the staking tiers work?I also notice that users token won’t be locked until maturity like in normal staking but that in MYRA such lock are removed and users can have custody of their funds in NFT.Can you explain how such features works? Thanks

TheMyran: oh nice fleshy question! gimme a sec

Jonah 🏅🎹 | Satoshi Club: Take your time 😁

TheMyran: Cool, so there is no real minimum amount of $MYRA required to vest into the platform, and additionally, there are no tiers either. we have designed Myra AI to be accessible for all, this means the little guy too (until he gets to be the big guy), so we are not restricting access to the earning potential that our platform provides

TheMyran: also

TheMyran: tokens that are vested by the users are locked into the NFT which is minted at time of vesting

TheMyran: depending on the vest schedule (which will be released closer to the platform release date), the APY will also be locked into that same NFT, the user will hold profits from Day 1

Jonah 🏅🎹 | Satoshi Club: How many vest schedules do you plan for?

TheMyran: When the NFT reaches its maturity, the tokens (including the profits) are released back into the users wallet, allowing them to re-vest, sell or hodl as they wish

TheMyran: this is yet to be finalised, the preliminary schedule has 4, with a custom option in discussion

Paul Mont | Satoshi Club: Brilliant, thank you for the comprehensive answer 😁

Paul Mont | Satoshi Club: Are you ready to proceed with the next question or would you like to add something else?

TheMyran: ready friend 🙂

Q2 from Telegram User @victorogb

A detailed look at your roadmap as made available in your document, suggests the MYRA intends to go live with some of its core features with the launch of your AI mainnet, NFT Platform and Interoperability Phase 1. With the current hype & buzz around these events, may we know the current stages with their respective development, how successful has the various testing phases been, and what sort of improved solution will this products offer users in direct contrast to what is currently available? Also, with the launch of your Phase 1 interoperability and subsequent Bridge to Ethereum/Matic, what are investors bound to enjoy?

TheMyran: cool, good question

TheMyran: glad to report, the AI Mainnet has already been up and running for some time

TheMyran: sorry if im slow, my chats get deleted everytime ^ that happens

TheMyran: oop its gone ok moving on

Paul Mont | Satoshi Club: Don’t worry I’m way slower 😅 please take your time.

TheMyran: The AI was launched on mainnet early to ensure it could cope with new parameters we added to it, she is constantly upgraded and evolving so we wanted to ensure we didn’t have to delay other components of the roadmap rollout to deal with any hiccups if they occured

TheMyran: The vesting platform was scheduled for Q1 of 2022 but last reports are we are likely on road to release early, more details to be available soon

TheMyran: as such

TheMyran: things brings forward all our other deadlines

TheMyran: we have implemented stress teams to ensure that as each rollout commences, we are able to address issues in real time, while still working on the next components

TheMyran: alas

TheMyran: our partnerships have really come through with strength

TheMyran: these partnerships, such as the one which was announced with Merkle network for interoperability

TheMyran: allow us to spread the workload between equally experienced, quality teams

TheMyran: and it has already proven to be effective in ensuring compatibility

Paul Mont | Satoshi Club: Have you also been involving the community in these stress tests or is it yet too early to involve users in the technical testing process? 🙂

TheMyran: once we have completed the first bridge, we gain access to a mountain of hungry investors, looking to find the easiteast way to move liquidity onto the platform

TheMyran: little secret (not a secret), the community IS the stress test

Paul Mont | Satoshi Club: Haha, beautiful!

TheMyran: as we’ve pointed out previously, we are headed for corporate adoption

Jonah 🏅🎹 | Satoshi Club: Impressive little secret

TheMyran: and as such, we need to prove our model in large scale, unprecedented and untested consumer environments

TheMyran: after we have completed that (which is right down the data gathering pipeline) we will be ready for the big pitch

TheMyran: and, Myra AI will be… well skynet lol

Paul Mont | Satoshi Club: Who could give better feedback than your own community – the best team of bug hunters 😉

Paul Mont | Satoshi Club: Haha, Skynet didn’t end well though lol

Paul Mont | Satoshi Club: At least for mankind 😁

TheMyran: haha

Paul Mont | Satoshi Club: Crystal clear, thank you for the in-depth answer 😉

Paul Mont | Satoshi Club: Next question is homing in 🚀

Jonah 🏅🎹 | Satoshi Club: Oh yeah

Q3 from Telegram User @Highpee

The MYRA token has a supply of 10,000,000,000 and 2.5% of this is reserved for insurance. Can you explain how this insurance fund will be used to protect the interest of your users and the type of situation that can trigger its access? Apart from reserving fund for insurance, are there any plan for external audits or external insurance partnership, in order to create a secure and formidable protocol that will ensures investors can go about their investment activities with less worry?

TheMyran: ok, while the Myra AI provides us with risk-free investing, we would be stupid to assume that risks do not exist at all, malicious attacks can happen at any time and we need to be certain we can provide users with their $MYRA while we take on the burden of recovering any lost funds on their behalf

TheMyran: Audits are constantly and randomly scheduled internally as part of our structure to ensure there are no risk of breaches and while we cannot allow external audits to occur at this time due to the proprietary nature of the AI, we are in talks with external audit providers for all smart contracts that will be in use for the rest of the ecosystem

Paul Mont | Satoshi Club: Safety is indeed a very felt concern in the crypto space.

Paul Mont | Satoshi Club: It’s really great and relieving to read that you’ve aptly anticipated the issue and are proactively taking care of that 🚀

TheMyran: Absolutely!

TheMyran: Once we are certain our legal teams can ensure the IP of our AI is iron clad protected, we will move forward in the best way for the community

Jonah 🏅🎹 | Satoshi Club: So mailicious attacks are the major events that triggers access to your insurance reserve?

TheMyran: correct 🙂

Jonah 🏅🎹 | Satoshi Club: Do you have a way of ensuring. This insurance reserve never runs out..let’s say an event happens and a huge portion of the reserve fund is used to cover users losses

Jonah 🏅🎹 | Satoshi Club: And then another happens and only a small portion of the reserve is left

TheMyran: indeed 🙂

Paul Mont | Satoshi Club: Very logical and fair 😉

TheMyran: as part of our fee structure, part of the fee is allocated to the insurance wallet automatically, the reserve/insurance wallet will continue to grow in size before (never) needing to be used 🙂

Jonah 🏅🎹 | Satoshi Club: I like the “never” shows your confidence in the security of MYRA 👏

Jonah 🏅🎹 | Satoshi Club: Q4 from Telegram user @Ajpaa

Myra’s proprietary AI simplifies trading and guarantee, zero risk profits. The system is said to be backed by mountains of data, perpetually collected and analysed not only focuses on historical market information or technical analysis but also integrates real-time data behind market psychology. How does the Myra’s deep learning work to guarantee safety of investors fund and provide zero risk profits? What kind of technical analysis tools do you use and how does your integrated real-time data behind market psychology work? What are your source of data for this deep learning and how do you ensure that the data fed to the AI are correct, reliable and trustworthy?

TheMyran: great question

TheMyran: firstly, Myra AI does not exist in one place, she exists in multiple places at the same time

TheMyran: Myra uses data checking techniques, that track both ‘live’ and ‘inactive’ inputs

TheMyran: checking and cross-referencing the data inputs for accuracy to the predicted results

TheMyran: and does this against herself in real time

TheMyran: meaning that Myra can choose her information, based on real-time accuracy fluctuations

Jonah 🏅🎹 | Satoshi Club: Re-training it self at the same time

TheMyran: which is critical for staying current with market psychology

Jonah 🏅🎹 | Satoshi Club: What are the sources of these data inputs?

Paul Mont | Satoshi Club: You’ve aptly anticipated my question mate 😉

TheMyran: far-ranging and deeply imbedded with NDAs

TheMyran: for the time being anyway

TheMyran: ill add

TheMyran: interestingly enough, watching her in real-time analyze social feeds of humans shilling to humans, and tracking (yes tracking) the level of engagement based on these interactions is awe inspiring

TheMyran: and scary

Jonah 🏅🎹 | Satoshi Club: If they are reliable sources.. This is indeed a great idea.. this days a lot of people steal data sources especially competitors. 😉

TheMyran:… skynet 2.0

Jonah 🏅🎹 | Satoshi Club: Super cool I must say..

Paul Mont | Satoshi Club: You mean that we humans are scary when we try to shill to other humans, right?

TheMyran: our data partnerships are under lock and key at this time, and may remain so for the foreseeable future, but access to it has not come cheap and it proven itself reliable data to feed Myra AI since 2018

Paul Mont | Satoshi Club: Cos I wholeheartedly agree😂😂

TheMyran: haha yes we are

TheMyran: she knew about Safe(something something) before it mooned….

Paul Mont | Satoshi Club: Gotcha! Thank you very much, this is very exciting indeed! 🔥🔥🔥

Paul Mont | Satoshi Club: Wow…

TheMyran: yup

TheMyran: facebook / twitter = scary data

Jonah 🏅🎹 | Satoshi Club: She definitely is a genius

Paul Mont | Satoshi Club: By the way, just out of sheer, personal curiosity before we move to the next question: why did you give her the name “Myra”?

Paul Mont | Satoshi Club: Is there any particular reason or reference?:)

TheMyran: Oh i CANNOT SAY! but please someone remember this question and ask again, there is a certain team member who would love to tell the story… 😅

Paul Mont | Satoshi Club: Haha, I will remember don’t worry. Next time you’ll come back to Satoshi Club with even more exciting news I will also remind you to bring that team member along 😉

TheMyran: oh its on!

TheMyran: literally just for that one question ahah

Paul Mont | Satoshi Club: Haha 🤣

Paul Mont | Satoshi Club: Actually I’m truly super excited with what you’ve been sharing with us so far, so I expect a even more exciting, amazing features & announcements to come in the very next future 🔥😁

Paul Mont | Satoshi Club: In the meantime, beautiful answers, thank you @TheMyran!

Jonah 🏅🎹 | Satoshi Club: The answers are clear enough, and well clarified

Paul Mont | Satoshi Club: Next question’s topic: the sharding protocol 🙂

Jonah 🏅🎹 | Satoshi Club: And here it is🚀

TheMyran: love

Q5 from Telegram User @iceVermithraxx

The Myra AI NFT Marketplace welcomes a unique mechanism called Myra AI sharding Protocols And this protocol will allow user to sell part of their NFT which is in vesting within the MYRA marketplace. using the sharding applications, users can split their NFT into fractions of the original Yield and sell some fractions, and Sharding applications will go live by Q2 2020. Can you please elaborate more this sharding protocols and how this splitting of NFTs is done? are there going to be any fees for users to be able to access and use this sharding application? and lastly What benefits does sharded NFT bring to the both the Buyers and sellers?

TheMyran: this right here gives me the goosies

TheMyran: so firstly ill add that the protocol is right on track for its intended (if not before) roll out

TheMyran: now onto the fun stuff

TheMyran: We at Myra AI believe that all investors who stake/vest their tokens onto a platform should remain in custody of those tokens for their own safety and peace of mind

TheMyran: BUT

TheMyran: we understand that the majority of retail/consumer investors may sometimes over leverage themselves into positions they need to later take capital from

TheMyran: and with other traditional vesting options, they end up at a disadvantage when calling out the position

TheMyran: the sharding protocol allows holders of the NFT to split the NFT into fractions, allowing them to keep a portion for themselves (with its respective APY) and sell the rest on the NFT marketplace

TheMyran: at a profit

TheMyran: they split into 2 shards keeping 50% selling 50%

TheMyran: there are gas fees involved with sharding, but no platform fees until a shard (or whole) NFT is sold

Paul Mont | Satoshi Club: That’s an ingenious way to make the investment practically liquid and also convenient!

TheMyran: YES! so in an example i have used before

Paul Mont | Satoshi Club: Absolutely clever guys! 👏👏👏

TheMyran: Paul put $5000 into a vest (minted an NFT worth $7000) and say 4 months later needed to pay for car repairs and couldn’t find money anywhere else

TheMyran: instead of pulling his whole vest early

TheMyran: he can shard his NFT

TheMyran: into say 80/20 split

TheMyran: keep the 80% and sell the 20% split to cover the car expenses

TheMyran: so users can do custom percentages to set for their needs

TheMyran: and STAY IN PROFIT

Paul Mont | Satoshi Club: Very clear example – and a great way to employ one of the many advantages that NFTs can bring about!

Paul Mont | Satoshi Club: Hahaha😂

Paul Mont | Satoshi Club: It is! Wonderful design! 🤩

Paul Mont | Satoshi Club: Great, great! Thank you very much @TheMyran!

Paul Mont | Satoshi Club: This is the last question for this very first part of the AMA, then we’re heading into the LIVE part of the session.

TheMyran: oh wow cruising!

Q6 From Telegram user @DK177

It caught my attention that you offer an interesting feature called “bonus NFT”. According to the description, a bonus NFT is minted to the holder at the maturity of every MYRA AI NFT. What kind of NFTs you offer as bonus NFTs? Can a user decide which NFT he wants to receive as a bonus? How do you determine the value of the bonus NFT? Is the value of that NFT similar to the value of the expired NFT? Please explain whether a user should hold the bonus NFT for a specific period of time before selling it. At the maturity of the bonus NFT, do users get another bonus NFT?

TheMyran: rightio, so firstly ill add here that the Bonus NFT that has been discussed is primary to the vesting opportunities of the platform.

TheMyran: there will be others related to other areas of the ecosystem, announced all in due time

TheMyran: now

TheMyran: as to the Bonus NFT

TheMyran: This is awarded at the expiry of the vested NFT

TheMyran: this occurs automatically

TheMyran: and is sent directly to the holder

TheMyran: this equates to a boost of 1% guarantee towards their next vesting

TheMyran: now

TheMyran: some more magic

TheMyran: users do NOT have to use this NFT

TheMyran: they can sell it on the marketplace

TheMyran: and other users looking to boost their next (or first) vesting

TheMyran: can add these Bonus NFTS

TheMyran: stack them if you please

TheMyran: to a maximum of 10

TheMyran: giving them the opportunity to earn a whopping 50% guaranteed APY

TheMyran: granted, this would be no easy task

TheMyran: and would be for the savvy investor

TheMyran: alas, the word BONUS carries its meaning

Jonah 🏅🎹 | Satoshi Club: I love the idea

TheMyran: sorry for splitting that up in a dozen messages, I’m really excited about the stacking haha

Jonah 🏅🎹 | Satoshi Club: Your answers are well articulated

Paul Mont | Satoshi Club: Lol, I could sense that and I love all the magic (of course backed by brilliant efforts) you’re introducing to us 😁🤩

Part 2 — live questions from the Telegram community

Q1 From telegram User @slla1112

What is Myra’s different and strong advantage over its competitors? As a new crypto user, why should I choose MYRA?

TheMyran: Myra AI, has no competitors that can offer what we have built. We take away all the need for trading and remove risk for the everyday investor. In return, we guarantee a minimum of 40% APY.  Myra was built and launched in 2018 and has years of results that cannot be matched by any other project to date.

Q2 From telegram User @Ratash97

Is there a minimum of investment needed to mint the NFTs and can users unstake their NFTs at anytime ?

TheMyran: there is no minimum, just be mindful the gas fees (which are not exorbitant)

users may un-stake at their leisure, details of the vesting schedule and APY earnings will be released closer to the platform release

Q3 From telegram User @cly_de12

Your team is private, according to what I’ve read. Why do you chose to keep your team private?

TheMyran: We are happy to announce we have completed KYC verification through Assure KYC. details of the core team members will be released sporadically as each member ceases contractual obligations with existing commitments

Q4 From telegram User @Tahsinahmett

Is Myra suitable for hard earners who are afraid of crypto’s volatility, looking for a safe chance to win?

TheMyran: thats easy, yes, yes indeed. i think of boomers and the complexities that existed with onboarding for everyday telecommunication and internet use. at first it was all scary and not to be trusted, but with time, practice and patience, even my own mum could google (yes that was actually a milestone for her).

We have a website, links will be provided below, YouTube is not on the cards at this stage. please do follow our TG and Twitter for the most up to date announcements as they occur regularly and are usually of great importance to the community and project as a whole

Q5 From telegram User @hkfboh

TheMyran: NFTs are more than just jpegs on the internet, we at Myra AI are bringing DeFi NFTs to the world in a way that benefits the broader NFT community. As to the Metaverse and Games, these are things not to be overlooked. I often think of the movie ‘Ready Player One’ and liken what we are building to many of the concepts in that film. We have already announced a partnership with Crypcade, and as the timeline allows, we will announce several more partnerships in the pipeline relative to bring our Meta/Game ecosystem to life

Q6 From telegram User @Ajpaa

Myra has been built on the Binance Smart Chain giving it unprecedented scalability, also enables Myra to Supports ERC-1155 and ERC-721. To achieve Interoperability, did you build your own bridge or secured a partnership to bridge primary blockchains? What is the reason why you choose the ERC-1155 and ERC-721 standard over ERC20? What benefits/advantages does ERC-1155 and ERC-721 standard offer that makes Myra platform to leverage and use it? Thank you.

TheMyran: We have recently announced a major partnership with Merkle Network who will be providing services to allow us to bridge to other primary blockchains. The ERC1155 token standards allows us flexibility when creating NFTs for use within the ecosystem, it is the best of both worlds

Q7 From telegram User @Gemshunter22

Is $MYRA listed on cmc ? What is the official contract address of token and have you set any slipperage or taxes rate?

TheMyran: $MYRA is indeed listed on CMC

the official contract address is: 0x5cd7d317d9cb4d46ff0b4f6a20d9547069fe0f27

Slippage at 1% will work dependant on DEX activity

Q8 From telegram User @Rakshhitx5

Hey ✨🙋‍♂

In Tokenomics, You have allocated 12.5% of Tokens to rewards. So how I can get those rewards? Will you run a Airdrop campaign or you will give to the long term holders of the Token?

Can you please give info on this?

TheMyran: Come and join our community, follow our socials and TG and keep an eye out for reward opportunities. we released one just a few days ago as we announced our partnership with DeFi Wizard. users who participated in lp staking with their $MYRA are (at last check) enjoying over 1100% APY on this introductory offering.

Q9 From telegram User @Chrisboy5

Can you briefly describe Myrai’s NFT shrading protocol? What are the advantages of using your platform to shrad?

TheMyran: GLOBAL!

we are spread out across this blue ball, I am currently in AussieLand and enjoying wet, hot weather. We employ team members across all departments in 6 different continents so far 🙂

Q10 From telegram User @jirencrypto

I read that for MYRA you will need three things: A virtual reality headset for immersion, stable Internet connectivity and imagination. How important is the use of this virtual reality headset? Is it really determinant to enjoy a pleasant and safe user experience?

TheMyran: A VR headset will be required for true immersion into the metaverse when it is live. however, users are not limited to virtual engagement and there will be an abundance of GameFi / P2E applications available as part of the ecosystem.

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of Myra AI. They’ve prepared 4 questions for this part. The total reward pool for quiz was 300$.

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