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 OMNI and our guest was Manny Hernandez – @mannywisdom, Marketer of OMNI. The AMA took place on the 12th of March.
The AMA session was divided into 3 parts with a total crypto reward pool of 1000$
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:
Good evening, dear community!
We are pleased to announce our AMA with Omni.😊 Today our guest is @mannywisdom! Welcome to Satoshi Club @mannywisdom!!
Manny Hernandez [NEVER DM FIRST]:
Is a true pleasure to be here with your community.
Mary | Satoshi Club:
Hello, Manny! How are you today?
Manny Hernandez [NEVER DM FIRST]:
I am Feeling Fantastic how about you guys?
Mary | Satoshi Club:
As well from our side🚀 let’s go?
Gold Rocket | Satoshi Club:
Please do a little intro. How did you get to be involved in crypto & Omni?
Manny Hernandez [NEVER DM FIRST]:
Sure thing My name is Emanuel Hernandez but most people know me as Manny Hernandez. I am a Direct Response Marketer at the Core. After finishing my time in the USA Army where I served with the 5th Special Forces Group I dedicated myself to build technologies geared towards the lead generation for Fortune 500 companies.
In 2014 I started Mining Bitcoin and in 2017 I was already an avid ICO Investor with a deep technical knowledge of how Decentralized Ledger Technologies can truly help humanity.
At the beginning of 2018 after reading a hacker noon article the idea of OMNI came to mind. I spent 2018 and most part of 2019 working with our CTO Boban and our CFO Sameer building the Model.
At the end of 2019, we started building the Omni app and are currently on an Alpha Stage with Beta ready to be released in Q3 2021.
Mary | Satoshi Club:
2014 was a nice year😀 do you have military discipline in your team?😉
Manny Hernandez [NEVER DM FIRST]:
The Military messed me up (in a good way). I run my camp as if we are in the Army. 😂
Mary | Satoshi Club:
Btw, do you remember the name of the article?🤣 Maybe it will inspire someone also
Manny Hernandez [NEVER DM FIRST]:
Why Everyone Missed the Most Mind-Blowing Feature of Cryptocurrency.
IMO any real crypto enthusiast must read and understand that article.
Mary | Satoshi Club:
What is its main concept?
Manny Hernandez [NEVER DM FIRST]:
Omni is a never-been-done-before mega social media app, that’s full of world-class features and tools. Inside the app, you can go live, share stories, create channels, chat with other users, video or audio call, sell or buy products in stores, create videos and photos with special effects, and much more. All of these in-app actions are rewarded with Omni Coins that can be used inside the app or exchanged on a DEX. Social Media has become unmanageable for most people. Very hard to keep up and maintain active profiles in all of them, but the reality is that most users are in each one for specific Features. We plan to resolve all the issues by incorporating the best features of all your favorite social media apps into one Mega App that allows you to do it all without having to juggle with many platforms.
Mary | Satoshi Club:
Let’s dive deeper into the details and start with the questions from our community? Or you want to add something?
Manny Hernandez [NEVER DM FIRST]:
Let me point out our competitive advantages, then we dive into Live Q&A. In terms of competitors in the crypto space, we have not yet seen a project that focuses on what really matters. Delivering a smooth and enjoyable experience to their users. If your social network does not look, feel and perform like a tier 1 app then you will have a hard time getting significant adoption. Everybody hates the wealth and power accumulation that Zuck has with Facebook, Instagram and WhatsApp and we all complain about it but we never leave their apps. In fact, we do all our complaining in their apps but never actually leave. That is because there has not been a true competitor yet to come to market. There is no true alternative.
Other projects in the space are too focused on the crypto side of things. Their tokens, their staking, their Defi this or Defi that and it seems like their social network is secondary. Many don’t even have an App as is quite complex to deliver a solid scalable social media experience from an app if you are hosted on the Interplanetary File System (IPFS)
We are not a Decentralized Social Network. The technology is not yet ready in the crypto space for us to deliver a truly top-notch experience for the user. We are decentralizing what truly matters and that is the economic bandwidth generated in the app. That way users get the best of both worlds. A Top-Notch Social Media App that can actually compete with giants like FB and IG but that also Rewards its Users based on the value they provide to the network. Here are some of the Main Features this Awesome Mega App Would Have:
Dub & Duet
Lip-sync to songs, audio from videos and create challenges. Duet with other users or dub to an endless library of song bytes.
Chat
Keep in touch with friends by texting or calling, all while having the ability to share images, videos, contacts, and locations with secure encryption.
Feeds
Explore multiple feeds to keep up with your favorite news, friends, and influencers. Discover new content and communities, all on the same app.
Stores
Businesses can create stores where users can get a full shopping experience without leaving the app, from browsing products to checkout.
Channels
Create or follow channels to post or watch your favorite video content. Channels can be public or for a private audience.
Live Stream
Enjoy live streams while chatting with broadcasters in real-time and reward your favorite streamers with gifts, or go live for your followers.
Stream Music
Listen to Music from all your Favorite Artists. Create Playlists that you can share with friends and make your sounds go viral in the feed.
That is just some I didn’t even talk about our NFT use case there 😂 Omni would have several in-app use cases for NFTs and envision opening a truly massive NFT hub where all Digital NFT assets can truly coexist. Imagine Making an NFT Flower inside the app with many different attributes like 40% Love, 20% Purity, 25% Hope, 15% Loyalty and that creates a unique color mixed Flower that now you can use to send to the girl you like or your favorite influencer. Most of the coins you spend on the ingredients for the flower transfer to the person that you gift the flower to. They get to learn exactly what are the attributes that flower contains and how much they mean to you. There is much more to cover on this topic as we can expand this to an endless list of use-cases but we hope this gives you the idea of how NFTs can be a powerful tool inside our platform.
Due to the nature of our app being a Social Media Platform owning NFTs give users the ability to brag and show off their cool NFT Collections. Those posts will show up in the feed of other NFT fans giving them more exposure. Users would also be able to list their NFT Collection inside their profile. Many users own amazing NFTs but they don’t have a way to show them off on their social media.
Mary | Satoshi Club:
Do you already have pictures of your NFTs?😉 Visual content always helps😉
Manny Hernandez [NEVER DM FIRST]:
That is in Development as NFT is a Function inside the App. Our Focus is on getting a true Tier 1 Social Media App out Fist by Q3. Then we will incorporate all these functions. Omni App – Where is the Value? https://www.youtube.com/watch?v=UA8HSZAAGDU
There I show a Sneak peek of how the app will look like. Here is a Pre-Alpha Demo: https://www.youtube.com/watch?v=Wb5V9eTVxuQ
Mary | Satoshi Club:
Great video! Everything looks very complex.
Gold Rocket | Satoshi Club:
Manny! nice shoot! Big thanks!
Now it’s my turn 😁 ready for questions from Satoshi Clubbers?
Manny Hernandez [NEVER DM FIRST]:
100% Ready.
Gold Rocket | Satoshi Club:
Q1 from Telegram User @MihaiPisica
- I read on your Telegram group about your private sale. Only a Small Percentage of OMNI Coins would be offered to strategic partners and investors. As it is written there, details about the Token Economics and Private Sale are emailed out on a case-by-case basis. I wish to be your investor, but in my mind occurs one question: what is the reason to send details via email case-by-case? Does it mean that you will select each partner/investor particularly? Are there something out of special requirements that I should enhance being your potential private investor? Is this a way to collect only strong partners or I should be awarded about this lack of transparency? What if I am a US investor, should I be an accredited investor? In this case, there appears one more question: what are the investment ranges eligible for being preselected?
Manny Hernandez [NEVER DM FIRST]:
What is the reason to send details via email case-by-case? All the details about how each round are reported on medium but we do so after the round closes for privacy.
Does it mean that you will select each partner/investor particularly? We are heavily oversubscribed and we have to be selective with who we choose to partner with as several funds offer much more value other than just capital.
What if I am a US investor, should I be an accredited investor? USA Investors are not allowed to participate due to US Regulations. Unless you are a true Accredited Investor or VC Fund we cannot take your investment. We have strong KYC procedures in place.
Mary | Satoshi Club:
Will you have also a public sale?
Manny Hernandez [NEVER DM FIRST],:
Yes there will be a Public Sale.
Mary | Satoshi Club:
Do you have dates and more info about it?
Manny Hernandez [NEVER DM FIRST]:
We are in conversations with various community lead launchpads and incubators and we plan to announce details about our Public Sale soon.
Gold Rocket | Satoshi Club:
Tell us please about your tokenomics btw😊
Manny Hernandez [NEVER DM FIRST]:
Given that we are a Substrate-based project We are dependant on some other projects to get to market first like Polkadex and Polkaswap so we estimate May or June we will be doing Public Sale and Listing.
This is how tokens are allocated at the beginning of the business, wherein the total supply of tokens is fixed up to 1 billion Coins. The Omni’s Coin Allocation will be as follows:
Total Supply: 1,000,000,000
Early Backers: 32,000,000 (18 Months Vesting period)
Seed Sales: 96,000,000 (18 Months Vesting period)
Private Sale: 103,000,000 (12 Months Vesting period)
Public Sale: 100,000,000 (No Vesting period)
Team: 150,000,000 (30 Months Vesting period)
Tech Partners: 30,000,000 (24 Months Vesting period)
Marketing: 80,000,000 (24 Months Vesting period)
Foundation: 50,000,000 (12 Months Vesting period)
Community Reserve: 30,000,000 (24 Months Vesting period)
Liquidity: 30,000,000 (No Vesting period)
Ecosystem: 300,000,000 (Locked For App Rewards)
Circulating Supply on TGE: 128,250,000
Market Cap on Listing: $3,847,500
30% of the company’s profits shall be exchanged into crypto and used to purchase OMNI Coins every quarter. The OMNI Coins purchased every Quarter would be Transferred to the Rewards Engine wallet to be distributed to our Active users. Omni, Inc. would start making quarterly purchases 1 year after the App is 100% Live. This allows the company enough time to build cash flow and profits to solidify the foundations of a world-class social media app. Details about the Token Economics and Private Sale are emailed out on a case-by-case basis. Please Make Sure to Fill the Strategic Partners Form
https://docs.google.com/forms/d/e/1FAIpQLSfvaKuMrUX5qEqFKR_Hp8szaUFXSrGVg3OpETevQTDuVB2mQg/viewform
Mary | Satoshi Club:
Vesting periods very nice, but will your investors have the possibility to get tokens earlier? With some penalties, for example.
Manny Hernandez [NEVER DM FIRST]:
Yes, we made sure our Token economics was fair all across the board. All rounds will get a small portion at TGE and from there, different vesting periods kick start. We are distributing WIDE. Plan to have no whales and we impose linear vestings on most of the allocations for Seed and Private Rounds
Gold Rocket | Satoshi Club:
Thanks! Ready for the next question?😃
Manny Hernandez [NEVER DM FIRST]:
Yes, I am ready for the next.
Gold Rocket | Satoshi Club:
Q2 from Telegram User @Beterror203
You say that Omni is a mega social media application never made before, which is full of world-class functions and tools, the virality of an application is made by the user since we are the product that expands this service, at least YouTube pays what We can monetize, maybe many networks pay but by having as many tools as Omni as we can do so that their tools take the necessary value and these give us the opportunity to monetize, generate without being a famous or great influencer it is possible, as we can do?
Manny Hernandez [NEVER DM FIRST]:
Great Question. We will reward the users while they are scrolling using the app and having fun. Have you ever wondered, I am spending all this time on this social media app, and I am not getting anything in return? Well, that is an issue addressed by the OMNI app. In 2020, people, on average, spent 145 minutes per day in a social media app. This situation translated into huge returns for social media companies, and the users found themselves just spending their time without any other benefit. OMNI’s coin distribution is through an incentive mechanism. Omni will reward its users according to weights and luck probabilities as they perform everyday in-app actions, such as following a content creator or creating a news feed post.
What does this mean? It does not matter if you’re producing the content or solely enjoying it. Everyone in the Omni app will be rewarded. Amongst the actions within the app that will translate into OMNI coins include:
Contact referrals
Follow a content creator
Share a post/video
Create a video
Post a story/status
Create a news feed post
Tip content creators
Follow a content creator
Chat with friend/users
React/duet with the content creator video
Buy product from the content creator
Create a news feed post
Livestream on a platform.
Mary | Satoshi Club:
So, you will reward for each post or only influencers? How you will prevent spam, for example
Manny Hernandez [NEVER DM FIRST]:
All in-app actions are considered in the rewards engine. Also Shares, Comments, Chat with Friends and much more that is not limited to just the content creation part.
Mary | Satoshi Club:
Do you want to add something? Or we can go to the next question?
Manny Hernandez [NEVER DM FIRST]:
Glad that you asked. Omni is an AI Company. We have proprietary AI Algorithms aimed to combat spam. Using Convolutional Neural Networks we have created a spam filter AI Model that is capable of catching 98.6% of all the spam in the network. Outperforming the traditional naive Bayes algorithms for a long shot.
Next question 😊
Gold Rocket | Satoshi Club:
Q3 from Telegram User @borysfireball
Guys, I see that you want to bring a lot of features to the Omni app, such as users will be able to go live, share stories, create channels, chat with other users, video or audio call, sell or buy products in stores, create videos and photos with special effects, and much more. What are your thoughts – why no one company, even with huge resources, didn’t make such kind of app before? Why do you think you will be able to implement all these features in just one app? Also, to be honest, I am not that person, that believes in words, I will rather believe my eyes, so, when all these features will be available for testing?
Manny Hernandez [NEVER DM FIRST]:
Great question and you are 100% right. Talk is cheap. We are not a Whitepaper and many of the things we claim we have already achieved in our Alpha and every function we plan to add was carefully researched and made sure it was achievable.
Pre-Alpha Demo: https://www.youtube.com/watch?v=Wb5V9eTVxuQ
Omni – How is Success Measured? https://youtu.be/EYsOCPpJq0w
Omni App – Where is the Value? https://www.youtube.com/watch?v=UA8HSZAAGDU
Omni Blockchain Explorer Demo: https://youtu.be/x3Q9yAtWUfM
Mary | Satoshi Club:
Who participated in Pre Alpha?
Manny Hernandez [NEVER DM FIRST]:
Nobody. In Software Development Alpha Versions are never shared with the community. Only Beta Versions are.
Mary | Satoshi Club:
Gotcha 😀 can you tell us a bit about your team!
Manny Hernandez [NEVER DM FIRST]:
We have a truly amazing team of RockStars!
Our CTO Boban Pavloski is a senior software architect with over ten years of experience in telecommunications technology. His passion for distributed computing, high-performance computing, artificial intelligence, and functional programming has contributed to several Microsoft open source projects such as Orleans, DotNetty, Ambrosia, and Akka.NET.
Sameer Bakhru is our CFO. He is a CFA Charterholder with over a decade of experience in investment banking. A startup expert, he has a proven track record of successfully raising over $200 million in the capital and has helped build businesses around the world. During his career, he has worked with budding entrepreneurs, private equity funds, family offices, and billionaires, quickly becoming an integral part of the core teams.
He has over three years of expertise in the Blockchain industry. He has worked with multiple Blockchain-based businesses covering crypto-lending, token-gold exchange, bitcoin ATMs, crypto mining, e-commerce, and investment platforms.
The COO of Omni is Luciano Greiner, who is a leading expert with over 15 years of experience in the software industry. He has played a part in disruptive projects for several Fortune 500 listed companies like IBM, Disney, Bank of America, and Tabcorp.
Our Blockchain Expert Andre Gomes has been a Software Engineer for almost a decade and was a Bitcoin early adopter. Since 2014 he has worked with a variety of projects focused on blockchain technology.
On our UI/UX team we have Vivane Gon who is a Multidisciplinary Designer with more than 15 years of professional experience in UI/UX Design.
She has a long career creating diverse experiences that include planning and designing for different types of projects (e-commerce, intranets, entertainment sites, content sites, and mobile apps) to working with some big clients in Brazil, such as Petrobras, Claro, Ipiranga, Volvo, Femsa, among others and also some of the Top 500 companies in the world since 2015.
Also on UI/UX is her Twin Sister Vivian Gon, who has several years of hands-on work experience in UI/UX design. She has the know-how to combine creative and usability viewpoints. She synthesizes the needs and goals from the business to users, ensuring the best possible experience through research and value-added IA/UX deliverables in an effective way of solving the Interaction and Visual Design.
We also have 4 Other Senior Developers, 2 Senior App Developers, Legal Expert, Content Creators and Data Analyst and much more all their bios can be found here https://omni.ai/about.html
Mary | Satoshi Club:
How did you find these gems?
Manny Hernandez [NEVER DM FIRST]:
Wasn’t easy!!! Lol.
Mary | Satoshi Club:
I feel this🤣 Thanks for your answers! Really detailed! Ready to jump to the next question?
Manny Hernandez [NEVER DM FIRST]:
Born ready.
Gold Rocket | Satoshi Club:
Q4 from Telegram User @KeymerS
Could you really tell us about the ways you can get rewards with Omni Apps? Other than that, should we have some capital to post or follow certain content? or can I withdraw the capital obtained whenever I want?
Manny Hernandez [NEVER DM FIRST]:
Could you really tell us about the ways you can get rewards with Omni Apps? We covered earlier.
Other than that, should we have some capital to post or follow certain content? No, you don’t need any capital for anything.
Or can I withdraw the capital obtained whenever I want? Our Wallet will have Direct integration to a DEX so you can transact with ease right from the app.
Mary | Satoshi Club:
Will financial interaction with your app require KYC verification?
Manny Hernandez [NEVER DM FIRST]:
Since we don’t plan to have any direct Fiat Connection starting out KYC is not required. Once we partner with a Fiat on-ramp then those providers might require users who want to convert Omni to Fiat to perform KYC.
Mary | Satoshi Club:
Oh, this is great🤣 Btw, will users be able to tip each other with some coins?
Manny Hernandez [NEVER DM FIRST]:
Yes! But why a Tip make an NFT and send it. The money that you spend making the NFT goes to the recipient.
Mary | Satoshi Club:
Ready for the next question?
Manny Hernandez [NEVER DM FIRST]:
Is being a true pleasure. I am ready for all you got.
Gold Rocket | Satoshi Club:
Q5 from Telegram User @konditer_rolex
Everyone knows that Facebook and their products WhatsApp and Instagram provide their users’ data to government agencies of different countries. That is, people using these social networks are absolutely not protected from interference in their privacy. How does your platform intend to protect the privacy of its users? I am interested in the encryption of connections and your policy of interaction with the police. And in which country is your company registered?
Manny Hernandez [NEVER DM FIRST]:
Regarding the data protection, audio or video calls, as well as chat messages to other users, use State-of-the-art end-to-end encryption (powered by the open-source Signal Protocol) to keep your conversations secure. Signal’s Open Source Messaging Security has become the standard in the industry. At Omni, we believe that this subject is simple. Your Private Conversations are Only Yours. You can speak with your significant other with safety as nobody can see those messages.
Social Media posts like Videos, Posts, and other customer data in the platform are encrypted using the SHA-256 encryption Algorithm and hosted on decentralized environments, preventing the system from having a central point of attack. Before the App comes out of the Beta phase, different Hackathons and Penetration Testing Audits would take place to ensure user’s data is being secured with the latest standards in technology. Mark my words and take a screenshot of this.
Mary | Satoshi Club:
Is it possible that Omni can sell user’s data or, for example, share it with some partners?
Manny Hernandez [NEVER DM FIRST]:
We will NOT EVER sell your data to a 3rd party nor Government. Now if a Government does a formal request via a subpoena then we have to comply.
Mary | Satoshi Club:
Will some countries be restricted from using your app? And in which country is your company registered?
😉
Manny Hernandez [NEVER DM FIRST]:
We plan to have no restrictions. With that said we have no control over what countries do. If blockchain technology is banned in a country then the app stores wouldn’t show our app in that country but are not our decision to make. All our App Related Functions Operate out our USA Corporation All our Blockchain Related Functions run from our St Vincent Corporation.
Mary | Satoshi Club:
Thanks! And just one 6th question left for this part 😀
Manny Hernandez [NEVER DM FIRST]:
Let’s rock.
Gold Rocket | Satoshi Club:
Q6 from Telegram User @AmirJosh
The information on Lightpaper says that each App user will have their own secured OMNI Coin Wallet. Will this wallet be forever be tied on Omni App or users can change it with their own personal address? Do users have access to the private keys of the Omni Coin Wallet?
Manny Hernandez [NEVER DM FIRST]:
We are built on Top of Substrate which means our Wallet is Compatible with all other Polkadot-based projects. You can use any wallet that supports Polkadot to move your coins off the app. Users have full control of the keys and we as the Company have no way to see them. All of that is stored and encrypted right inside your device making your device like that hardware waller of your Omni App
Gold Rocket | Satoshi Club:
Excellent answer! many thanks! do you want to add something before the most impressive part of our AMA?
Manny Hernandez [NEVER DM FIRST]:
We are good, let’s move to the next.
Part 2 — live questions from the Telegram community
Q1 from Telegram user @ Johnny ℹ️🅿️
👋Hello Manny. With all the MEGA and cool features🤜that OMNI App is going to combine, definitely, it’s going to be OMNI-SCIENCE😍😊😊. But my concern is with how scalable the OMNI app will be. Looking at the multifaceted features that you plan to incorporate into a single app, won’t this result in a heavy App size that may have a lot of drain on background data and battery? Will the app be able to run smoothly without unnecessary lag and Will users be able to optimize battery or data usage?
Manny Hernandez [NEVER DM FIRST]:
Making Sure our app was truly scalable was one of the main things we focused on in 2019. We built a truly scalable solution capable of handling billions of users. Even if our app goes crazy Viral (which we hope we do) our backend infrastructure is capable of handling them all even on day 1. Details about how that infrastructure looks like would be released in our Whitepaper next week.
Q2 from Telegram user @ Joxes | C R Y P T O W A V E
It is possible to upload Gifs, Stickers, that’s great, but is there any additional COST for using these features?
Manny Hernandez [NEVER DM FIRST]:
There will be no additional cost to use Stickers or AR Filters but if the Sticker is an NFT then depending on the type of NFT you are creating then it may carry some cost.
Q3 from Telegram user @ Icy
There are similar projects with the same features that exist in DEFI or the Crypto world like OMNI. So how OMNI try to compete with them? do you have some secret weapon-like unique feature in your app?
Manny Hernandez [NEVER DM FIRST]:
In terms of competitors in the crypto space, we have not yet seen a project that focuses on what really matters. Delivering a smooth and enjoyable experience to their users. If your social network does not look, feel and perform like a tier 1 app then you will have a hard time getting significant adoption.
Other projects in the space are too focused on the crypto side of things. Their tokens, their staking, their Defi this or Defi that and it seems like their social network is secondary. Many don’t even have an App as is quite complex to deliver a solid scalable social media experience from an app if you are hosted on the Interplanetary File System (IPFS).
We are not a Decentralized Social Network. The technology is not yet ready in the crypto space for us to deliver a truly top-notch experience for the user. We are decentralizing what truly matters and that is the economic bandwidth generated in the app. That way users get the best of both worlds. A Top-Notch Social Media App that can actually compete with giants like FB and IG but that also Rewards its Users based on the value they provide to the network.
Q4 from Telegram user @ Hakeem
Why is it not possible to reject a formal request from a Government requesting for user’s data via a subpoena?
Manny Hernandez [NEVER DM FIRST]:
Because is illegal to not comply with a subpoena from the government. We love our users but we are not planning to break the law for them. 😂
Q5 from Telegram user @ Smart
You said Everyone in the Omni app will be rewarded. Does that include users who just install the app on their devices without opening or operating it?
Manny Hernandez [NEVER DM FIRST]:
If your app is installed but you are not an active user then no you will not get any rewards for having a closed dead app on your phone.
Q6 from Telegram user @ Centos Manager
Which part of the Omni is decentralized. Can I chat or make a call with my friends using blockchain technology?
Manny Hernandez [NEVER DM FIRST]:
Only what truly matters is decentralized. That is the Rewards Engine and OMNI-related transactions on the Ecosystem.
Omni Blockchain Explorer Demo: https://youtu.be/x3Q9yAtWUfM
Q7 from Telegram user @ Borax
What exactly do you provide for companies and why should they choose OMNI as their advertisement solution?
Manny Hernandez [NEVER DM FIRST]:
Influencer/Brand Matching Engine: Omni would charge a commission based on performance.
We plan to partner with Major Brands to list their latest collections to be sold right inside the App. For example, a Brand like L’oreal can List their latest Makeup, then using our Influencer/Brand Matching engine. They can hire makeup influencers to make Sponsored Videos of their latest collection. Users can buy right from their store from the influencer post giving the brand a plethora of analytical data about how well that influencer campaign performed. We will save major Brands Millions on unnecessary Advertising costs.
We plan to actively involve influencers, entrepreneurs and brands. Thanks to our Influencer/Brand matching engine, the technology opens the doors of a new world of possibilities for aspiring entrepreneurs.
For music artists, one of the features is Streaming Music, like Spotify. For example, you can use a Short Challenge video with your music, and as users start to use your sound as part of their Omni Feed Challenge the post would amplify the exposure of your full song as they will be able to easily click on the sound and land into the full profile of your song. From there users would be able to stream the full song, add it to their playlist, share it with friends and much more.
Q8 from Telegram user @ Defi Bear
How will you get paid for the services you provide to your customers? Will you accept OMNI Coins for showing their advertisement or will you accept fiat money?
Manny Hernandez [NEVER DM FIRST]:
We will accept OMNI Coins across all our In-App Services. Fiat will only be accepted from major brands looking to close exclusive advertisement budgets.
Q9 from Telegram user @ Delicious Wine
What are the main obstacles of OMNI and how can they be addressed in the future?
Manny Hernandez [NEVER DM FIRST]:
The main challenge right now is in the video rendering systems. We want to make sure the sync is 100% perfect when doing lip-sync or a duet for a smooth user experience. Going back to my previous answer other competitors don’t even offer tools, filters, stickers, video editing tech to help content creators produce their videos as all the top social apps do.
We have already identified the best infrastructure video technology provider to resolve the issue. The solution will arm us with an advanced non-linear editing engine, so whether it is in recording or post-editing, all special effect operation allows a real-time rendering preview, which greatly improves the smoothness of recording and production and promises users the best operating experience.
The team behind the solution is the leader in research and development in the field of video and has more than 20 years of video-related experience with more than 70 video-related patents. Despite the fact we have already identified the solution, implementing it requires a level of development that might not be ready in time for the Beta Release.
Q10 from Telegram user @ VINU | BOSS
How can I stake?
Manny Hernandez [NEVER DM FIRST]:
Staking will not be available right away. As we Migrate from a POA to a POS consensus algorithm thanks to Substrate Forkless upgrades users would be able to become validator nodes in our system and get rewarded from the transaction fees generated inside the ecosystem. We plan to release all the information about how that program will work shortly after we release our Beta App.
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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