We were delighted to welcome our guest from PolkaPlay. The AMA took place on May 22nd, 2021 and our guests were @Sugneshpatel and @dzenkbe.

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

Gold Rocket | Satoshi Club: Hello again, dear community!We conclude our today’s AMA marathon series with PolkaPlay. 👋

Gold Rocket | Satoshi Club: Today our guests are @Sugneshpatel and @dzenkbe!

Dzianis | Will Never PM you first!: Thank you for having us! Glad to be part of this community! 😃

Andrés M. | Satoshi Club: Another great project to end our AMArathon. @dzenkbe and @Sugneshpatel welcome to Satoshi Club

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club, @Sugneshpatel and @dzenkbe!

Sug: Hi @GoldRocket27 thanks so much for having us. Glad to be here 🙂

Gold Rocket | Satoshi Club: How are you doing, guys?

Andrés M. | Satoshi Club: How is going your day guys, how are you dealing with the current market?😬

Sug: Thanks @AndresM77 we are doing great. Hanging in there lol

Dzianis | Will Never PM you first!: $HODL 😅

Sug: the market has been a little shaky for sure. HODL is the goal 😎

Gold Rocket | Satoshi Club: Let’s start!Introduce yourself please. How did you get to be involved in crypto and PolkaPlay? Tell us please also about yourself and your position in PolkaPlay.

Sug: Sure, Im the CEO at Polkaplay and I have extensive experience in IT & software development with strong Knowledge of business Architecture.

I have helped multiple fortune 500 companies in building high performing software development teams that deliver quality software applications in an iterative manner following scrum & agile methodologies.

My crypto journey started in 2017 while working in NYC and attending different crypto meet ups while networking with some very knowledgeable people within the space ✅

Andrés M. | Satoshi Club: Great background

Dzianis | Will Never PM you first!: Myself,  with my knowledge and experience in business management and marketing from Odisee, I have also been fortunate enough to take part in the growing industry of equity markets and crypto and specifically partake the role of CMO in PolkaPlay.

Gold Rocket | Satoshi Club: great experience! What is the essence of PolkaPlay?

Dzianis | Will Never PM you first!: Polkaplay is a unique platform where users can create images, short videos, and NFTs seamlessly while earning rewards.

An NFT marketplace for creators and users that offers advanced features like, Rewards Hub, Staking and more to the users for an amazing user experience.

Gold Rocket | Satoshi Club: Tell us about the benefits of your platform. How is it different from others?

Sug: Other NFT focused projects are mainly focusing on artist collabs and collection drops, or they are simply just marketplaces at the moment. Polkaplay offers both with additional social media aspects where users can just choose to share content and explore the platform or they can actually use the platform to mint their content as NFTs. While all the other platforms charge some gas fees for minting NFTs we plan to offer gassless minting on our platform with the help of our ecosystem partners polkafoundry and polkadot blockchain.

Andrés M. | Satoshi Club: have you created your own NFTs?

Sug: Our Genesis NFT drop will be announced shortly after our launch.

Dzianis | Will Never PM you first!: We are currently in the process of releasing a custom collection of PolkaPlay NFTs.

Sug: so it’s coming up soon 🙌

Andrés M. | Satoshi Club: Who are your designers?

Gold Rocket | Satoshi Club: this is a very exciting moment😻

Sug: In house team for the genesis drop, but as the BETA lauch is announced. we will onboard more creators that users can get excited about

Andrés M. | Satoshi Club: Great news, we will be waiting to know more about it. 😃

Gold Rocket | Satoshi Club: How long does it take to develop a project?

Sug: We already have our MVP app on Polkaplay.io but yeah, it will take a lot more effort to build the final product

Gold Rocket | Satoshi Club: BTW we would like to know about your team. Who is on the project team core?

Sug: we are continuing iterative development and will launc our BETA app in July.

Andrés M. | Satoshi Club: Well, we have collected some community questions for you, let’s learn more about the project trough them. Are you ready to go?

Dzianis | Will Never PM you first!: Forsure!

Sug: So the core team has me and Dzianis as we introd ourselves. we also have Sohrab our Dev lead. He is also the Founder at Wisemonkeys, Co-founder and CTO at iDigitize Infotech LLP, a Visiting Professor, & the Product/Dev lead at PolkaPlay.

Gold Rocket | Satoshi Club: Nice to meet you, guys😁

Sug: Sohrab is also a “professor by profession & a traveler by passion” and has taught technical subjects to 10,000+ students, published 8 books and 4 research papers in Internation Scientific Journals.

Q1 from Telegram User @yellowchamp

With Polkaplay, creators will be able to do exclusive drops for their fans and scale effectively.They can list their NFTs on the marketplace seamlessly. Creators can share content across many platforms to engage fans and more. How to become creator in your platform? What are the example of exclusive drops that fans can get from the creators? How will the fans will have a chance to be connected with their favorite creators? Thank you

Sug: It’s super easy to sign up and become a creator. You can use google sign on or create a profile using sign up.The platform will be very simple to use and our Mission at Polkaplay is to offer seamless platform where user can convert their content to NFTs.

Creators can choose to release limited art, pics, music and release it to small group of their followers first. Users staking or willing to pay creators in POLO tokens will have benefits of early access to this content ✅

Gold Rocket | Satoshi Club: it’s convenient for everyone👍

Andrés M. | Satoshi Club: It will be easy even for non crypto users?

Dzianis | Will Never PM you first!: Most definitely!

Sug: Absolutely, we have positined ourselves as a gateway from Web2 to Web3 so its very important for us to keep the user experience for non crypto users as simple as possible. ease of access will be our top priority 😎

Andrés M. | Satoshi Club: So, what are the use cases of $POLO?

Sug: POLO will have multiple use cases in polkaplay ecosystem. Here’s a great medium post that i encourage all the users to read with highlights our use cases and token metrics

https://medium.com/polkaplay/polkaplays-tokenomics-an-overview-of-polo-token-f36ad4071787

Gold Rocket | Satoshi Club: and I just wanted to ask about tokenomics😁👍. Great answers! Ready to proceed to the next question?

Andrés M. | Satoshi Club: So detailed, thank you😃

Sug: haha, killed 2 birds one stone 😎 sure 👍

Andrés M. | Satoshi Club: Haha well done

Q2 from Telegram User @Brainchest

How is the network built? Do I have to pay for CPU, RAM, NETWORK?

Is there a limit to the memory size of the content I create?

If yes, how many mb maximum size?

Are there any moral limits? Porn, Cruelty. If there is a limit, how is the decision to remove content made?

Gold Rocket | Satoshi Club: a question from the artist 😁👨‍🎨

Sug: No users dont have to pay for anything. We are working with decentralized storage and bandwidth providers to make is as price efficient as possible. We will keep the limits to pics and 30 sec short videos to start with and then update as user demand grows.

Gold Rocket | Satoshi Club: Good news😉

Dzianis | Will Never PM you first!: PolkaPlay platform is free to use for anyone and from from anywhere, as well has no restrictions on the content. Nevertheless we encourage users to follow basic guidelines and respect the community, as well as restrain from using copyrighted material, which can be solved with digital signatures.

Andrés M. | Satoshi Club: How do you check the copyright topics?

Sug: We have a copyright system in place which uses content ID matching

Dzianis | Will Never PM you first!: This is also where digital signatures come in place allowing users to verify the original content.

Gold Rocket | Satoshi Club: Thanks for your answers! Ready for the next question?🚀

Dzianis | Will Never PM you first!: We are currently in the process of testing it.

Andrés M. | Satoshi Club: Great, that’s important

Dzianis | Will Never PM you first!: 💯

Q3 from Telegram User @Highpee

One way to encourage more users interaction with platforms is to have a simplified click-to-solve solution that do not require much technicalities. If I wish to tokenise a social content into NFTs, how has polkaplay simplify this and what are the step by step procedure to follow? And since users can only mint 1 free NFT in 24 hours, what additional fees will it cost if a user wishes to mint more than one within 24 hours? Will these NFTs only be available to your marketplace and platform users alone or can users share their creation to their followers on other Web 2 social sites such as Instagram, Facebook, twitter and others?

Sug: It will work in simple steps so it’s convenient for non tech users as well

– Take a pic/video or upload your content on Polkaplay platform and

– Hold 100 POLO tokens in your wallet so you can mint your content to NFT.

– Click on sell and list it on our marketplace.

Andrés M. | Satoshi Club: Where can we buy POLO tokens?🤔

Sug: On Pancake swap upon the IDO, we are also working with some CEX exchanges. also, we will reward some POLO to new users upon signup so they can enjoy using our platform.

Dzianis | Will Never PM you first!: User will also be able to list their NFTs between third party platform such as Opensea. Which we are currently working on.

Andrés M. | Satoshi Club: When IDO and how to be part of?

Sug: We are planning to IDO in June first week and currently finalizing launchpads.

Gold Rocket | Satoshi Club: Can you share your favorites NFT with us 🙂

Sug: will be sharing the participation ann soon

Andrés M. | Satoshi Club: Thanks, don’t forget to share the announcements with us

Sug: Yes, Hashmasks and cryptopunks handsdown. i really like how the hashmasks emit NCT token for holding the NFTs in your wallet. its like it pays for it self over the time.

Gold Rocket | Satoshi Club: crypto punks are the hit of this crypto season😁

Sug: forsure they are, its just the start. Many more good NFT drops and creators will come out this space

Gold Rocket | Satoshi Club: Are you ready for the next question?😉

Sug: this is just the beginning

Q4 from Telegram User @Jonahapagu

Some of the advanced features Polkaplay will be offering it’s users includes “Rewards hub” which will enables users to track and redeem the tokens earned and “$POLO staking”, can you explain how the rewards hub will work, how will users track their earned tokens using it, and apart from tracking rewards does it offer any other function. How will $POLO staking work, and how will users be able to participate in both the rewards hub and $Polo staking.

Dzianis | Will Never PM you first!: Staking POLO will allow users to participate in exclusive NFT drops from our collection & creators. Users can also participate in platform governance and earn returns from entry/exit fees. Staking vault will have 1% entry and 10% exit fee on each transaction. These fees will be redistributed to staking, farming, rewards, and marketing funds.As mentioned before, users will be able to mint 1 FREE NFT. However for those active users who intend to mint more than 1 NFTs in 24 hours would have to hold 100 $POLO tokens on their balance. Rewards Hub will enable users to track and redeem their earned tokens without any hassle.

Andrés M. | Satoshi Club: What is the minimum amount of tokens needed for staking?

Gold Rocket | Satoshi Club: these are good conditions for users

Andrés M. | Satoshi Club: 100 $POLO, right😅

Sug: Yes, correct

Andrés M. | Satoshi Club: And for long term holders what are the major benefits that you offer?

Sug: Long term holders will have full access to all the features on Polkaplay. They also be able to upgrade thier profiles, boost thier visiblity, sopnsor ads for more engagement, and become verified users as well depending on the profile status.

Gold Rocket | Satoshi Club: Thanks for the answer! Ready for the next question?🚀

Sug: Sure, let’s do it.

Q5 from Telegram User @lzamg

PolkaPlay basically works like a social media platform where creators can monetize their art. But with platforms like YouTube or Instagram where people can make enough money to live, how do you plan to attract users to feature their art on your platform? Do you expect PolkaPlay to grow to the point that it becomes a competitor of these big social media platforms?

Dzianis | Will Never PM you first!: Platforms such as Twitter, Instagram and YouTube still don’t have an integrated NFT marketplace, which gives us an opportunity to funnel skilled artists/influencers and provide them with every tool to monetize their talent seamlessly.

Dzianis | Will Never PM you first!: It would be incorrect to promise that all users will be able to substitute it with their job and earn a living from it. Nevertheless it will be a good source of additional income for active/creative users.

Andrés M. | Satoshi Club: Are you planning to launch your own Mobile app in the future?

Sug: Yes towards the end of the year. We should have both iOS and Android

We have all the milestones on our roadmap 🙂

Andrés M. | Satoshi Club: @GoldRocket27 do you have more questions?

Gold Rocket | Satoshi Club: Everything is clear to me👍

Andrés M. | Satoshi Club: What ir the major event for Polkaplay coming for this year?

Sug: IDO, Web app BETA launch, our genesis NFT drop and then our mobile App launch are some of the events we are really excited about and looking forward to this year.

Gold Rocket | Satoshi Club: Amazing🎉

Dzianis | Will Never PM you first!: For any other events feel free to check out our announcement page https://t.me/Polkaplayio

Sug: Also, we will have some exciting partnerships and collab news we will be sharing soon. So we have lot to be exctied about 😎

Andrés M. | Satoshi Club: Congratulations🥳

Gold Rocket | Satoshi Club: Look forward to🙏 Pay attention! Satoshi Clubbers😉

Sug: Awesome guys, thanks so much for taking the time. It’ been a great discussion!!

Andrés M. | Satoshi Club: Let’s proceed with our final question of this part of the AMA😃

Q6 from Telegram User @NataliyaKil

The Moon Mission Community drop runs until May 26. We need to complete the tasks on gleam to win. As a reward, 50 lucky participants get $ 30 worth of $ POLO each at the Public Sale price. I completed all the tasks, but this is only 4 points. Is there a way to get more points and increase your chances of winning? How will the winners be selected, will it be random? And how do you contact the winners, will their names be tweeted with the results of the drop, or will you contact everyone personally?

Dzianis | Will Never PM you first!: The winners will be chosen 100% randomly creating an equal opportunity for everyone to obtain $POLO tokens at the presale price. Once the winners will be selected we will make an announcement with a list of winners and ask them to contact us if they see themselves on the list. If certain winners will not show up, we will contact them directly to make sure they claim their winnings.

Andrés M. | Satoshi Club: Any approximated date to know the winners?

Dzianis | Will Never PM you first!: May 26, 11:59 PM UTC will be the end of the event

Part 2 — live questions from the Telegram community

Q1 from Telegram User @Steffiiigray5

You said earlier that Polkaplay is planning to do IDO, with this in mind how do you prevent malicious users or scammers from trying to use your platform?

Dzianis | Will Never PM you first!: In case certain users will be reported on PolkPlay as ‘scammers’ or ‘malicious users’ we will take an appropriate action. Additionally ID verification will be in place.

Q2 from Telegram User @surendra040

One of the main feature of PolkaPlay is it allows content creators to cash in on their talent. How can a  NFT artist  join Polkaplay for it ? Are there any requirements for like hodling  $POLO?

Sug: It’s free to join the platform and share your content. Users can also mint one free NFT in 24hours. They can mint more NFTs in they hold at least 100 POLO tokens and this to prevent spam on the platform.

Q3 from Telegram User @Brainchest

Will there be protection against copied, non-original NFTs?

Dzianis | Will Never PM you first!: To safeguard our users and creators we will encourage owners of digital items such as: short videos, images and other digital media pieces, to create unique signatures. Each digital asset will contain a unit of data which will represent the asset for which the signature is being created by the creator. Such units cannot be altered and are stored on blockchain, giving the creator a set of exclusive rights and serve as a proof of ownership.

Q4 from Telegram User @Shaa93

Hello @Sugneshpatel and @dzenkbe !!

Does PolkaPlay have Airdrops or contests to get people’s attention?

Dzianis | Will Never PM you first!: 🤑 The Moon Mission Community drop is now LIVE! $1500 worth of POLO tokens at Public Sale price is up for grab.

💥 Introducing the all-new and exciting Community Airdrop contest in celebration of our upcoming IDO.

🏆 All you need to do is simply complete the tasks on gleam to win. As rewards, 50 lucky participants get $30 worth of $POLO each at Public Sale price.

https://gleam.io/competitions/RkqyW-polkaplay-moon-mission-community-drop

📌 Ends on May 26, 11:59 PM UTC

Q5 from Telegram User @Denybela

Can you talk a little about your main features?

Sug: We offer features like rewards hub, gassless minting, staking for users, and NFTs for effective monetization.

Q6 from Telegram User @Adheera45

What are the marketing strategies of your project? What will you do so that your project will be visible in crypto field and people come to explore your project

Dzianis | Will Never PM you first!: Part of our marketing campaign involves reaching out to reputable influencers who have built a dedicated social following base and are viewed as experts within the crypto niche to spread awareness. Additionally, platforms such as Twitter and Instagram still don’t have an integrated NFT marketplace, which gives us an opportunity to funnel skilled artists/influencers and provide them with every tool to monetize their talent seamlessly.

Q7 from Telegram User @centoscu

Why did you limit users to create 30 sec short videos? In the future can you increase the limit?

Sug: Yes as i said, we will start with short videos and then will increase the limit as platfrom grows. It is versy important to start with the basics and then study the trend, and enhance as we go.

Q8 from Telegram User @PyaraLarka

How to buy $POLO coin please give me links

Dzianis | Will Never PM you first!: We will be announcing all the details about $POLO coin IDO on our announcement page  . Stay Tuned! 😃

Q9 from Telegram User @Lucky_001

What are the marketing strategies of $POLO project? What will you do so that your project will be visible in crypto field and people come to explore your project

Sug: Through partnerships and co-marketing we believe we can bring great visibility to our platform. Also, we plan to incentivize our early adaptors to refer and help drive growth.

Q10 from Telegram User @cindy_crypto

How many tokens do I need for being able to create NFT’s on your ecosystem?

Dzianis | Will Never PM you first!: You will be able to mint 1 NFT for free in the span of 24 hours however for extra minting of 2 or more you would need to have 100 $POLO tokens on your balance.

Part 3 – Quiz Results

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

For more information and future AMAs, join our Social Media channels:
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