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 myMessage and our guest was . The AMA took place on the 8th of December!
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
Gold Rocket | Satoshi Club:
Hi there!
Gold Rocket | Satoshi Club:
Hello again, dear Satoshi Club community! We are pleased to announce AMA with myMessage.
Mark:
Hi all!
Mark:
Thanks for having us today!
Gold Rocket | Satoshi Club:
Sorry for delay!
Gold Rocket | Satoshi Club!
We are really excited about upcoming AMA with you
Mark:
No problem! I’m a patient guy.
Mark:
Thanks! So tell me: what’s the plan today?
Gold Rocket | Satoshi Club:
Let’s start with introduction.
Mark:
Cool
Mark:
Want me to kick it off?
Gold Rocket | Satoshi Club:
How did you get to be involved in crypto & myMessage
Mark:
I’ve been in the blockchain/crypto industry since June 2018 and some of you may remember me as former Zilliqa team member, as I used to be their Head of Brand and Marketing some time ago.
Gold Rocket | Satoshi Club:
And tell us please about your position in myMessage
Andrés M. | Satoshi Club:
Nice to meet you Mark, great background.
Mark:
Since early this year I’ve been helping myMessage out with branding and marketing. Their Lead Developer and Fouder is a buddy of mine.
Gold Rocket | Satoshi Club:
Give us a brief introduction to the project. What is the essence of myMessage.
Mark:
Sure.
Mark:
my Message is a #SocialFi platform that build on 4 blockchains: Zilliqa, Avalanche, Polygon and BSC.
Mark:
So multi-chain approach basically.
Gold Rocket | Satoshi Club:
These are leading and high-tech blockchains.
Mark:
We have 3 product in the pipeline:
Gold Rocket | Satoshi Club:
How long does it take to develop a project? What plans do you have for the future? And what can we expect from myMessage
Mark:
1.) Decentralized Message dApp: encrypt, send, read, search and receive messages, files and data.
2.) Reddit like thread-reply bulletin board: bascially decentralized social media (+ tipping)
3.) Data Portal for Web3 Applications
Andrés M. | Satoshi Club:
So is there any other Blockchain in plans?
Mark:
Well, the first product is already finished. It will go live this month on Zilliqa Mainnet.
Mark:
Other products will come after that. We recently received a grant from Polygon to buid the decntralized Reddit like bullitin board.
Gold Rocket | Satoshi Club:
Wow! This is a very big milestone!
Gold Rocket | Satoshi Club:
Also we would like to know more about your team. Who is on the project team core?
Mark:
For now these 4 blockchains have our focus, as they basically offer what we need: low fees and high troughput – to be able to scale our products.
Mark:
We have 8 core team members right now. Team members are from The Netherlands (me), Singapore, Malaysia, China, Pakistan.
Mark:
Our advisors are Lester Lim (X21 founder), CryptoDaku and Kenzi Wang (AU21 founder). Pretty well known industry names and we’re very proud to have such respected folks in our advisory board.
Gold Rocket | Satoshi Club:
Is your team anonymous or not?
Mark:
Backed by quite a few well known industry names. Check this.
https://twitter.com/myMessageOS/status/1468494093172948993?s=20
Mark:
Very happy to have them onboard!
Gold Rocket | Satoshi Club:
Great dream team.
Andrés M. | Satoshi Club:
Perfect, that’s true, very famous blockchains.
Gold Rocket | Satoshi Club:
Tell us about the benefits of myMessage. How is it different from others?
Andrés M. | Satoshi Club:
Congratulations, some big names there .
Mark:
Some are and some are not. I’m not exactly anonymous. Hehe
Gold Rocket | Satoshi Club:
We understand and accept this position.
Mark:
But every team member has been in the blockchain space for quite some time, so our investors know who they are.
Andrés M. | Satoshi Club:
@Woelgeest, thanks a lot for your introduction, we have collected 6 questions for you, are you ready to go?
Mark:
All our products are on-chain, so fully decentralised and sensorship free. On top of that myMessage uses a quantum-resistant level of security, which is quite a novelty tbh
Mark:
Sure. Bring it on!
Andrés M. | Satoshi Club:
Q1 from Telegram User @Neilselin
I understand that users can pay MESA tokens to start private threads and other users can post replies, comments and likes. If the users who start the threads like the good contents that other users make, then he/she can tip them by using MESA tokens. How can a user get the MESA token?, Does the MESA token have other use cases?, if yes,can you elaborate on the use cases of the MESA token?
Mark:
Well, getting MESA tokens goes through IDOs. First one is comming up very soon.
Andrés M. | Satoshi Club:
What are the usecases of Mesa tokens?
Mark:
https://twitter.com/bscstation/status/1467865659904172035?s=20
Mark:
There are various utilities. Let me name a few:
1.) Tipping – our token is designed to be used for tipping due to many decimal points. When you give tip of say 100 tokens, it is better than 0.001 token.
2.) Private thread – to create private thread, you need to use our token.
3.) Message mining – you can mine our token by participate in message mining, details will be out soon. Stay tuned.
4.) Staking – we will be launching our own staking platform.
5.) Buyback and burn – 50% of our revenue will be used for buyback and burn.
6.) Governance of the platform
And lastly
7.) Paid content – paid content creation and access are using our token.
Gold Rocket | Satoshi Club:
Wow! You have huge plans for the future!!!! Please share your roadmap with us.
Mark:
Sure. Let me drop a link. The Roadmap is quite detailed..
Mark:
myMessage ROADMAP
https://docs.mymessage.io/mymessage-litepaper/roadmap
Gold Rocket | Satoshi Club:
We love detailed information.
Andrés M. | Satoshi Club:
Amazing features, let’s talk about how to buy the token, our next question is about your coming IDO.
Mark:
Hehe. Very important to always #DYOR right?
Mark:
Sure
Andrés M. | Satoshi Club:
Q2 from Telegram User @chinyere2020
I found out that the IDO of $MESA token will be taking place on the 14th of December. Can you give more information about this? Where will this IDO take place. How long will the IDO last? What will be the total raise of this IDO? I also found out that this IDO will be divided into two rounds; the “Guaranteed round” and the “Community round”. How many users will be in the guaranteed round? What are the requirements that users must meet to get an allocation in the guaranteed round? About the community round, will the community round users participate on First Come First Serve basis or will the community round users have to be whitelisted?
Mark:
Mark:
https://bscstation.substack.com/p/announce-mymessage-as-the-next-ido
Here you guys can find everything you need. Don’t want to waste too much time, cause it’s all there.
Gold Rocket | Satoshi Club:
Thanks for sharing
Gold Rocket | Satoshi Club:
Snd for your great answers.
Andrés M. | Satoshi Club:
Thank you Mark
Gold Rocket | Satoshi Club:
Let’s proceed to the next question? If you don’t mind
Andrés M. | Satoshi Club:
14th December Satoshiclubbers, don’t forget it
Mark:
Well, thank you guys for having us! Sure, drop another one!
Andrés M. | Satoshi Club:
Let’s go
Andrés M. | Satoshi Club:
Q3 from Telegram User @SZahir
I see myMessage is trying to be a censorship resistant app, however, I guess they must have some kind of ban, right? Are there cases where our content can be removed from their platform? No banned content like copyrighted movies or videos? Or very graphic videos of the kind that usually roam the internet and are removed soon after?
Mark:
We are fully decentralized, so we cannot ban/sensor content. This is the nature of decentralization, so there is no central authority to control/monitor. If there is copyrighted movies or videos, it is the sender that should be hold responsible.
Andrés M. | Satoshi Club:
But is there any kind of KYC for users?
Mark:
Actually not. Because of the decentralized nature anyone can freely use our platform and products. That’s ultimately what a public blockchain platform is all about. But obviously we want it to be a nice place.
Gold Rocket | Satoshi Club:
Thanks for clarifying.
Gold Rocket | Satoshi Club:
And for your great answers.
Andrés M. | Satoshi Club:
Great adventage that make you different to current message apps
Mark:
So our platform is very different from Reddit, where Reddit need user to register via email. For our platform, all they need is a wallet.
Mark:
And tokens of course
Andrés M. | Satoshi Club:
How many of them?
Andrés M. | Satoshi Club:
Any minimum amount?
Mark:
Depending on what you want to do on the plaform I guess. It’s a utility token. There are multiple ways to use the platform, so how many tokens you need depends on what you wanna do or what services you want to use.
Gold Rocket | Satoshi Club:
Thanks
Gold Rocket | Satoshi Club:
Let’s proceed to the next question
Andrés M. | Satoshi Club:
Oh got it.
Mark:
For voting there will be a minium ammount, but it has not been set.
Andrés M. | Satoshi Club:
Thanks for the clarification Mark.
Andrés M. | Satoshi Club:
Q4 from Telegram User @DK177
You have allocated 37.22% of the total supply for fund raising. In that portion, 35% has been allocated for the private sale and 2.22% for the public sale. What is the reason for this huge difference? Community is the driving force of every project. Then why did you underestimate their financial contribution for your project? Since only 2.2% has been allocated for the public sale, you may be offering some other benefits/rewards/incentives for the general community which are not available for initial investors. Can you explain how do you treat the community members? Please prove that you consider the community as important although a little portion has been allocated for them in the first sale.
Mark:
The reason is we want to allocate more tokens to top VCs that can help us to promote, market and do PR for our project to reach wider audience. As you can see our backers are all top VCs. Also we allocate some allo to KOLs. This is to help us reach more users and better position our product. We do believe and support public community although the allocation is much smaller. We provide airdrop, campaign, treasure hunt and also in near future mining for them to participate in our project.
Gold Rocket | Satoshi Club:
This is great! If there are any current giveways?
Andrés M. | Satoshi Club:
Oh those are great news. At the moment are hosting any community event? Any airdrop or contest coming?
Mark:
One of the good things of having a multi-chain approach, is that it will allow us to work with local and global communities of all 4 blockchains, instead of just one.
Mark:
Yes.
Mark:
https://twitter.com/bscstation/status/1468525442445418500?s=20
Gold Rocket | Satoshi Club:
Share with us please
Andrés M. | Satoshi Club:
Completely agree, that is a good way to increase the adoption
Gold Rocket | Satoshi Club:
Great! Satoshi Clubbers don’t miss great opportunity .
Andrés M. | Satoshi Club:
Amazing opportunity Satoshiclubbers, let’s participate.
Gold Rocket | Satoshi Club:
Thanks for your answers
Gold Rocket | Satoshi Club:
Ready for the next question?
Gold Rocket | Satoshi Club:
Or want to add something?
Mark:
Sure
Andrés M. | Satoshi Club:
Q5 from Telegram User @KeymerS
I read that our data could be protected with security at several levels, so could you tell us what will be the different levels that they will offer? and how can we obtain each of them? Will it be simply by participating in a stake with your token?
Mark:
Quantum-resistant level of security and a fully decentralized setup are standard for all our products. For the bulletin board, we have private thread option – like some discussion can only been seen by a selected group. Only those have the secret key can reply and view in the private thread.
Andrés M. | Satoshi Club:
Do you have a staking or farming program?
Mark:
This means that private threads are really, really private.
Gold Rocket | Satoshi Club:
Thanks for your answers
Gold Rocket | Satoshi Club, [08.12.2021 16:17]
Let’s proceed to the last question of this part🚀
Mark:
Yes we have our own in-house staking program that we will launch at TGE or very soon after TGE.
Andrés M. | Satoshi Club:
That’s something very important, private information of the users should be keep it with the most high security
Gold Rocket | Satoshi Club:
Oops.
Andrés M. | Satoshi Club:
Excellent, don’t forget to share your coming announcements with our community
Mark:
Of course!
Andrés M. | Satoshi Club:
Well, as @GoldRocket27 said, are ready to proceed with the last question of this first part of the AMA?
Mark:
Sure!
Andrés M. | Satoshi Club:
Q6 from Telegram User @AugusS7
You point out that by using AES256 encryption we will have a level of security resistant to any quantum attack, but will it really guarantee protection against any oversight we may have when manipulating the information and data on your platform? or do you have to be vigilant?
Mark:
Very good question!
Mark:
AES256 encryption is nice of course, but it goes on top of the security of the platform, which of course needs to be robust as well. Luckily our Lead Developer and Founder Clement is an expert in this field. He has worked in this industry for quite some time, so he knows his stuff.
Andrés M. | Satoshi Club:
Great, you have a strong team, congratulations for that.
Andrés M. | Satoshi Club:
Could you tell us if you have done any audit to verify the safety of your platform and contracts?
Mark:
I haven’t been in the loop for this, but I can check with me team mates if you like. Very hard to keep up with everything going on at the moment..
Andrés M. | Satoshi Club:
Don’t worry, but please share it when you can, it’s an important factor to generate confidence
Gold Rocket | Satoshi Club:
Np… answer the questions that you like
Andrés M. | Satoshi Club:
Well @Woelgeest, thanks a lot for your clear questions, it has been a great pleasure to know more about you and about myMessage
Mark:
AES256 and quantum computer encryption is a pretty complicated thing to explain, but you can read this simple article.
https://medium.com/qvault/is-aes-256-quantum-resistant-4dc3447e7b82
Gold Rocket | Satoshi Club:
Thanks for sharing
Andrés M. | Satoshi Club:
That’s the technology of the future I think.
Gold Rocket | Satoshi Club:
And many thanks for this amazing first part of AMA .
Mark:
Yeah. Audits are very important, so this will be covered for sure.
Andrés M. | Satoshi Club:
Well, is time to proceed with the live segment of the AMA, a big ton of questions are coming for you when we open the chat. Are you ready?
Mark: Open the gates…
Part 2 — live questions from the Telegram community
Q1 from Telegram user @chinyere2020:
I learnt that the myMessage platform is established on Zilliqa blockchain. Why did you decide to establish myMessage on the Zilliqa blockchain? What are the features of the Zilliqa blockchain that will ensure the efficiency and constant development of the myMessage ecosystem?
Mark:
myMessage will be built on 4 blockchains, but the Zilliqa team was actually the first team that gave us a grant early this year. Zilliqa is a public blockchain like Ethereum (also a smart contract platform), but it doesn’t need layer 2 solutions to scale. So it offers low fees, high throughput, scalablity and security (also on the smart contract language level) on L1. Check yourself: https://www.zilliqa.com
Zilliqa is a high-performance, high-security blockchain platform for next-generation applications.
Q2 from Telegram user @Emidm28:
The myMessage team shared with the community the announcement that the team received a Polygon Developer Grant to build a decentralized Reddit-like social media protocol on the Polygon network. According to your own perspective and opinion, what are the benefits and advantages that integrating Polygon brings to myMessage? You mentioned that Polygon is your best choice to deploy a decentralized social media protocol. What are the reasons behind that? Do you consider integrating other chains in the near future?
Mark:
All 4 blockchains have pretty much everything what we need in order to achieve our goals. Our decentralized Messaging dApp will go live on Zilliqa this months, and we’ll use the Polygon Developer Grant for the Reddit like thread-reply bulletin board on Polygon. Inetegrations with both Avalanche and BCS are also being worked on
Q3 from Telegram user @cindy0666:
I read that you have known partners and investors like MAGNUS CAPITAL, ZBS CAPITAL, EXNERWORK CAPITAL. Could you tell us about the importance of your collaborations for myMessage?
Mark:
Well, first of all I think it is good for you guys to know we are backed by well known industry names. But next to that, they can bring a lot of value and expertise to our project, so yes – very important to have such partners.
Q4 from Telegram user @Palermo_GC:
Will only users who upload data to myMessage be able to see the data we upload, or can we also share it with other people through links or emails? Do you plan to function as a messaging platform or more like a cloud storage? Is there a maximum of GB we can store or can we store what we pay for, with no limits? What is the process to pay for services on your platform and how can we do it? Do we have to buy a specific token?
Mark:
That’s basically up to you. If you encrypt your message, thread, data (or whatever you put on the blockchain) they won’t
Q5 from Telegram user @leixagarcia:
You promise a high level of security for all our data, but what would happen if myMessage goes down or disappears? Even in that scenario would there be a way to recover our documents? Even if it is “DeFi” we would still depend on you
Mark:
In the event that myMessage ever goes down or disappears, although which we strongly believe it will never happen, our source code is open sourced. User can download the source code from github and still can access the data as usual.
Q6 from Telegram user @DanielMZ21 :
Is myMessage involved in the content that users enter on its platform? I mean … what about pornographic content and violent material? Do they handle a policy or make restrictions on this content or only users completely control their intimate materials such as images and videos?
Mark:
Good question! Beyond the decentralized nature of myMessage which allows all users to post contents and get rewarded by doing so, we will also be exerting basic moral rules to contain illegal contents. We will offer clear user disclaimer and introduce a feature that punishes such behaviours.
Q7 from Telegram user @JaviSuBs:
myMessage launched a $ 10,000 Airdrop celebrating myMessageOSIDO on BSCStation. What are the requirements to participate in this Airdrop, how can we join?
Mark:
Please follow the instructions (link) in this tweet :https://twitter.com/bscstation/status/1468525442445418500?s=20
Q8 from Telegram user @Gen_Block :
I believe users are asset for MyMessage and other project. How do you expose awareness in order to attract new users both from crypto or non-crypto community? In the other hand, how does MyMessage correspond those users from non-English people? Do you consider on creating different languages at the app?
Mark:
Crypto and blockchain education are key for getting adoption. So we’ll focus on making everything really easy for people to understand. Good UX also plays a very important role in this, along with things like explainer video’s and clear instructions / FAQ
For instance videos like this:https://www.youtube.com/watch?v=SvMDDKIBScc
Q9 from Telegram user @ALEXANDRA5594 :
For a project development first of all main priority is having enough fund. Does your team financially capable to run this project? Do you have enough fund for it is developement Can you tell us that how your project generate the profit?
Mark:
We created a good runway for this. $2.1M raised so far.
Q10 from Telegram user @Monkey_De_uiy:
What is the reasons behind the name Mymessages and what is the story behind it?
Mark:
The platform is all about messaging. Also, we think blockchain holds a big promise for the world, and myMessage as a platform is about getting that message accross.
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.
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