Dropp : Model x Satoshi Club AMA Recap from the 16th of March

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 Dropp and our guest was . The AMA took place on the 16th of March.

The AMA session was divided into 3 parts with a total crypto reward pool of $500

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram&WebSite

Pavel P

Hello everyone and welcome to our last AMA Session for today!

Gold Rocket | Satoshi Club

Hello again, dear Satoshi Club community! We are pleased to announce AMA with Dropp

Samson | DROPP.gg Li

Hi Everyone!

Nice to meet you!

Gold Rocket | Satoshi Club

Nice to e-meet you

Samson | DROPP.gg Li

it’s Samson from DROPP!

Pavel P

Let us welcome our guest @samson_li from Dropp!

Greetings! And Welcome to Satoshi Club!

Gold Rocket | Satoshi Club

We are really excited about upcoming AMA with you

Samson | DROPP.gg Li

First of all, I hope to stop the war as well!

it’s my 1st hope to the world apart from all the work i’m in

Pavel P

Everybody is praying for peace!

Gold Rocket | Satoshi Club

Our community has expressed admiration for your project and we look forward to hearing from you.

Pavel P

So, let’s collect good energy and send it towards everyone!

Samson | DROPP.gg Li

Thanks for invitation @GoldRocket27

Gold Rocket | Satoshi Club

Thank you very much for your support. Many of our guys in Ukraine are in danger now. And they need support.

Let’s start with the introduction to warm up.

Give us a brief introduction to the project. What is the essence of DROPP

Samson | DROPP.gg Li

Hi, I am Samson, the BD lead from DROPP, mainly involved in partnership and business collaborations.

The first go to metaverse GEO NFT minting platform. Creating the bridge between the traditional world w/ NFT. Dropp incorporates Augmented reality overlays and exclusive nft collaborations to shift online traffic to physically offline locations(O2O) creating crowds of individuals for minting events.

Samson | DROPP.gg Li

The long term vision is to bridge the physical world where we work and live with metaverse Web3

Gold Rocket | Satoshi Club

this sounds very impressive

Pavel P

Seems like you are trying to bring tomorrow in today!

Samson | DROPP.gg Li

exactly!

Pavel P

What is your personal story in crypto?

Gold Rocket | Satoshi Club

How long does it take to develop a project?

Samson | DROPP.gg Li

i’ve been in the crypto world back in 2017, helping ICO projects

in fund raising, getting listed, doing marketing, running events, etc..

we had collaborated with CEX at that time

Gold Rocket | Satoshi Club

I came at the same time and remember this bearish cycle

Samson | DROPP.gg Li

yes, that marked the end of the CEX after 6 months of  near-zero exchange trade period…..

but made a lot of great connections and friends since that period

Pavel P

You’ve got the most important from it – experience!

Gold Rocket | Satoshi Club

It made us stronger and wiser

Samson | DROPP.gg Li

whoever still got a foot in the game, whoever stands !

yes it was. learning from failure is much faster than from success~

Pavel P

So, tell us please what makes Dropp special?

Samson | DROPP.gg Li

Dropp started from a Geolocation NFT project, that we knew that it would make the NFT space different

and in the process of talking to partners and investors, we knew are are up to something great

Gold Rocket | Satoshi Club

Also we would like to know more about your team. Who is on the project team core?

Samson | DROPP.gg Li

and we slowly transform ourselves to bridging the real world to metaverse

there are founders who have run successful projects and a team of 15 polish devs right now

Samson | DROPP.gg Li

as well as around 7 marketing / BD people like me

Gold Rocket | Satoshi Club

Is your team anonymous?

Pavel P

Nice! Should be enough to build a one of a kind product

Samson | DROPP.gg Li

as the founder hate when people say that DROPP’s success is all built on previous relationship, they chose to remain in anon from public so that people can learn from what they do

instead of from their personal brandname

Gold Rocket | Satoshi Club

this is their choice. and we accept it

Samson | DROPP.gg Li

yet investors and close partners all know who they are

Gold Rocket | Satoshi Club

Thanks for great introduction, we will have several questions selected for the Part 1. Ready to start?

Samson | DROPP.gg Li

yup!

Pavel P

Q1 from Telegram User @victorogb

The official Public sale and minting event for DROPP LAND is slated to commence on tomorrow, 17th March 2022. Consequently, I realised that four (4) unique LAND boxes will be available for minting and their prizes range from 7 SOL to 200 SOL, which is approximately $600 to $17,000 (with current market estimates). Given the difference in prices between these boxes, what can one expect to get with each of them, and considering that this is a public sale event, may we know if a private LAND Sale was done? Been that this Public sale is for the Los Angeles area, when can we get to see and acquire other geographical LAND plots? Finally, since trade commences on secondary markets at the end of this Public sale, will there be limitations to certain trade requirements set by land owners?

Samson | DROPP.gg Li

that’s a good question, let me answer them by parts.

1st, the public sales and minting is solely on the DROPP LAND, not our token so DON’T be mistaken

for what could be expected,

Samson | DROPP.gg Li

you can have a look

for now, the only plotted lands are 1.santa monica 2.Downtown LA 3. Beverly Hills

Gold Rocket | Satoshi Club

where did you buy your land?

Samson | DROPP.gg Li

we are going to release more depending our how the sales goes, for one thing, when that location is gone, there is very little chance that we would be coming back

for public sales, it is free for secondary market trade~

Gold Rocket | Satoshi Club

Indeed.

Samson | DROPP.gg Li

There are OTC sale happening, which have bounded by some limitation. (not limited for public sale)

we have HQ in LA for now~

Gold Rocket | Satoshi Club

thanks for the clear answer!

Pavel P

Thanks for complete responses!

Samson | DROPP.gg Li

let me know if I missed anything

Gold Rocket | Satoshi Club

not bad, not bad….

Pavel P

I think we are good to proceed to the next question

Gold Rocket | Satoshi Club

great answer

Samson | DROPP.gg Li

everyone is welcome to have a look from https://app.dropp.gg/

Pavel P

Let us moму to the question nr. 2

Samson | DROPP.gg Li

sure!

Pavel P

Q2 from Telegram User @Highpee

My question is in relation to your TOKENOMICS and LANDNOMICS. The total supply of your token is 500,000,000; out of which the highest allocation 30% is given to ecosystem reward. Can you explain how this ecosystem reward share will be distributed? Will it be through staking and farming incentives only or are there other community programs that ecosystem users will be engaged with in order to benefit from the ecosystem reward? And for the landnomics, you said that Drop Land will be released based on City edition and the first set of DROPP LAND will have Los Angeles as its location of interest. These lands have a total supply of 1000 and you have 5-tiers. How are lands broken into tiers and how do participants acquire these lands? How do you chose the city that each land drop are based on and what utility does this Drop LAND have?

Samson | DROPP.gg Li

ok, this is quite a long question.

I have to explain from our long-term vision

Gold Rocket | Satoshi Club

Take your time

Samson | DROPP.gg Li

Our Long term vision is “Building a social community metaverse that has real world presence” The Maximum potential is allow our users to build events and items in metaverse that map with the physical world, bring in games and possible jobs into the metaverse and generate value that can benefit the physical world. We want our users to be community owners in our DROPP land.

We take a lot of feedback and requests from our community, especially when we say we want our users to be owners of the community, we want them to be able to make decisions on how users can work/play and earn tokens

We are going to enable them to make decisions and choices on how to best reward our users

We are having “Play-to-earn” as well as “Work-to-Earn”

We are going to bring actual games and work into our metaverse so that people can have a life here, there, we are rewarding our community owners with the ecosystem rewards.

The land are broken down into tiers mostly based on famous and popular landmarks and locations

similar to how real estate works

the more people it can attract, the more premium the tier becomes

the highest tier -> tier-1 means the most popular location and so on

Pavel P

Could you explain “work-to-earn” principe. What exactly should be done by users to earn?

Samson | DROPP.gg Li

in simple terms, in the web 2.0 world, we have fiverr / designcrowd /etc. in web3.0 there would be some similar works that needs to be done

like construction of 3D building, like building a game

like building the mechanics of the game, etc

these are something relatively new and there are a lot of work that could be done, instead of us hiring people to do

we will be allowing our users to generate ideas and possibly ways to let others to earn the token

Pavel P

Agree on that!

Samson | DROPP.gg Li

of course this wouldn’t be here very soon.

Gold Rocket | Satoshi Club

Wow! This is a very smart project solution.

By the way, I have a classic question: why did you choose Solana?

Samson | DROPP.gg Li

we will need to slowly educated our users, when the time comes you will see how we changed the metaverse landscape.

we chose solana because it fast, afforadable

Samson | DROPP.gg Li

and easy to use

actually, we have plans to go cross-chain

so just stay tuned..

Gold Rocket | Satoshi Club

Do you ever plan to use other blockchains?

Gold Rocket | Satoshi Club

Oh, I understand

Samson | DROPP.gg Li

yes, the CTO and dev are still doing comparisons

but it is not the most important question for us.

Gold Rocket | Satoshi Club

Thanks for your great answers

Ready to proceed to the next question?

Samson | DROPP.gg Li

think about 6 moths later, there are new blockchain coming up

yup, next please

Pavel P

Q3 from Telegram User @ghostofcharmeleon

Hello, the Dropp team.

First of all, I would like to say that your project is one of the few that caused me a WOW effect from the first minutes. A great idea and implementation of the site, I hope that in the future everything will be implemented at the same high level! According to your documentation, you primarily release your application for iOS, and only after that for Android devices. I looked at the statistics for 2021 to be more accurate and found out that Android occupies about 80% of the mobile device market. It is quite obvious that this is a smaller market share. Please tell us what caused the choice in favor of IOS as the first platform?

Gold Rocket | Satoshi Club

of course, such a large-scale project as yours is a long-term one

Samson | DROPP.gg Li

to be honest, you know that we depends on geo-location tech

right now, on android its quite easily to spoof the location,

where on iOS, you can disable, but it very hard to spoof location.

1st phase, we need to proof to market that we have a strong user base who didn’t relay on cheats and hacks

we will developing advance tech for avoiding cheats later on.

another reason is that we looked into our ideal customer

and compare that will with who we are targeting, iOS user are quite aligned

Pavel P

Got it. But what will be the solution for Android owners? Are you planning any developments in future?

Samson | DROPP.gg Li

sure, we will have Android for sure,

Gold Rocket | Satoshi Club

Of course, safety first. By the way, are you planning any smart contract audits?

Samson | DROPP.gg Li

yes, smart contract audit are quite popular nowadays, security is paramount, we do have plans to do auditing.

Gold Rocket | Satoshi Club

Great news

Thanks for your clarification and great answers

Pavel P

Perfect!

Gold Rocket | Satoshi Club

Ready to proceed with the next question?

Samson | DROPP.gg Li

yup

Pavel P

Q4 from Telegram User @sunny_steel

Dropp is positioning itself as Geo based minting, Land, and AR, developed with usable NFTs. This means for me that it should have a sustainable and well organized economy. Could you talk more it this piece of Dropp’s puzzle making attention to such things as taxes and the use of collected funds. Do you offer such options as NFT staking or special (VIP) access passes to users? Thank you!

Samson | DROPP.gg Li

Geo based NFT is just one use case of our NFT launchpad service, we do have more~

Samson | DROPP.gg Li

as a landowner, if a drop event happen, landowners would get a percentage of royalty (like platform fee)

We also have NFT staking for land owners

and yes! we have priority access to dropp events and some dropp events are exclusive to certain tier land owners

there are other benefits as well like branding / putting up logos / etc

more importantly, back to our long term vision-> empowering the community (land owners) to make decisions and how to reward users (this also include making a reason revenue)

Pavel PSo, you also plan to introduce DAO?

Samson | DROPP.gg Li

we having come into that yet, there’s still a long road.

Pavel P

Sure! Great that is is already in your roadmap!

Samson | DROPP.gg Li

i would say, there are parts it look like DAO, but not all of it.

Gold Rocket | Satoshi Club

speaking of this journey, please share your roadmap with us

Samson | DROPP.gg Li

hmm,. short term, we are doing the land sales, then while we are building the metaverse. We are going to enable the phase 1 metaverse experience through the web. while building tools / utilities so that users are able to construct objects and building.

Pavel P

Thank you for your answers!

Samson | DROPP.gg Li

then we are building more ways so that our land owners will be able to generate revenue !

Pavel P

It is always a long term investment that should also become a real pleasure on the way!

Samson | DROPP.gg Li

then there would be a lot of items down the road~ generally building events and partership with the real world

Pavel P

Not like mortgage

Samson | DROPP.gg Li

we will have renting and and real estate..

Samson | DROPP.gg Li

not sure about mortgage……

Gold Rocket | Satoshi Club

Thanks for your excellent answers

Gold Rocket | Satoshi Club

Let’s proceed with the next question

Samson | DROPP.gg Li

ok

Pavel P

Q5 from Telegram User @Ask4unik

It is stated that DROPP COLLECTION is where exclusive artists, celebrities and brands collaborate with DROPP to create art via NFTs.

The premieres of exclusive NFTs will take place both in the virtual world, i.e. applications, and in the real world in designated locations.So is the Dropp App already launched?And have you also decided the locations where this premiers of exclusive NFTs will take place?So how many artists, celebrities and brands will be onboarded during that event are you talks with them already? When will this showcase of creating art via NFT with the entities mentioned above happen like the Date? Thanks

Samson | DROPP.gg Li

alright~, actually we have already done a DROPP event with Hiroshi

10K of NFT was sold in a very short period of time, and we have signed deals with Tier-1 artists already so more is coming, but due to NDA, i cannot disclose just yet

Gold Rocket | Satoshi Club

It’s incredible

Pavel P

Indeed, great numbers!

Samson | DROPP.gg Li

so for DROPP, we piloted the DROPP events to show the world that we are capable to doing NFT events, those were NOT geo location limited, we need to just let the world see what we could do, coming up, we are showing the world that we are able to do NFT DROPP using not just solana~

and geo limited dropp will happen for some celebrities!

especially like for concerts / musical events while NFT only be available to people who joined the event

so you cannot just share the link / qr code to your friends who didn’t come.

that brings back to our real-world to NFT interaction

Gold Rocket | Satoshi Club

It’s really make sense

Samson | DROPP.gg Li

you could imagine a lot of music artists asked for that feature

Gold Rocket | Satoshi Club

yes it is intellectual property protection

Pavel P

So, personally, you see NFT replacing regular physical items in future?

Samson | DROPP.gg Li

actually that’s not exactly what we see, there are things that NFT could replace, but not for everything.

alternatively, we believe that we live a physical world that we depends on that.

We build DROPP as a bridge rather than replacing that

Pavel P

That sounds like a motto

Samson | DROPP.gg Li

and we treasure the real human – to – human interaction and physical social community interactions

Gold Rocket | Satoshi Club

I am fascinated by these possibilities, but I am afraid that many people will turn into no-lifers because of this.

Samson | DROPP.gg Li

that’s not our vision to ONLY stick in the metaverse….

we are all humans and also belongs to the society… and we are building metaverse to bridge it an another interesting and meaningful way

Gold Rocket | Satoshi Club

Certainly!

Samson | DROPP.gg Li

so i think you could call that a differentiation

Pavel P

That sounds very positive by the end of all

Gold Rocket | Satoshi Club

Whatever it was, you need to go forward and bring technology to the world. you do it with success

Samson | DROPP.gg Li

thank you!

Gold Rocket | Satoshi Club

Let’s proceed with the last question of this part

Pavel P

Q6 from Telegram User @V1ct0r_26

I read that DROPP aims to combine traditional media such as Instagram, Facebook, Youtube, etc, with blockchain, NFTs, METAVERSE, VR, and AR technologies through geolocation, building a virtual world of communication and data exchange in the real world where each virtual item is connected to an actual place. So, could you please give us more details about this? How will this geolocation exactly work and how will it be able to combine this two technologies? Do we need to provide important information such as our location to the platform in order to be able to allow this geolocation to happen? Please, explain to us more about this. Thank you.

Samson | DROPP.gg Li

I think there might be some misunderstanding, or maybe I didn’t get that point.. We use geolocation in order for users to be in a certain location so that it could be mapped into our metaverse.

virtual item might be connected (but not all)

As I have said, we still have a web 3 interface to get into the DROPP metaverse.

Pavel P

By the way, as we touched (even mistakenly) social networks – please share a list of your official channels

Samson | DROPP.gg Li

sure~

Samson | DROPP.gg Li

Official website: https://dropp.gg/

https://droppgg.medium.com/

https://t.me/DROPP_gg

https://discord.com/invite/droppgg

Pavel P

Thank you! Satoshiclubbers, please join!

Pavel P

Appreciate your answers during this 1st part of our AMA!

Gold Rocket | Satoshi Club

prepare for a storm of questions

Samson | DROPP.gg Li

thanks pavel !

Pavel P

That was a great journey for us as moderators and for our community too!

As, Gold Rocket said – get ready to some action in part 2!

Gold Rocket | Satoshi Club

It was a cool first part, to be honest

Pavel P

We open chat for 120 seconds for a storm to come

Once we close chat back please choose 10 questions to answer

Are you ready?

Opening chat in 5!

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Thisistoyin

Giving that you have FIVE types of plots, which are

  1. DROPP (Star PLOTS)
  2. DROPP (Diamond PLOTS)
  3. .DROPP (Gold PLOTS)
  4. DROPP (Silver PLOTS)
  5. DROPP (Bronze PLOTS),
    And it was also stated that Plots will be obtained from loot boxes, Which these Loot boxes are of 5 different Tiers. hence, i would really appreciate it if you could give detailed information with regards to how these Loot boxes are best Obtained, what are their basic Functionalities? Could you also Elaborate more on how these 5 types of Plots would Benefits it’s owners? I would also like to know if A Single user could be able to own all of the Above plots of Lands, thank you

Samson | DROPP.gg Li

Loot box are obtained by doing process very similar to NFT minting, connecting your wallet and mint.
i think I went though some of functionalities, for more, you can refer to whitepaper
A user can own all, lands! loot box are based on luck!

Q2 from Telegram user @Meta_ji

As there has been Metaverse wave & Many Projects are building on to that,
Why do You think Metaverse is in demand?
Do You think, In coming times as well,
It will have impact on Crypto Industry?

Samson | DROPP.gg Li

Metaverse is in demand as a lot of big listed companies has got onboarded.
I should be in this way -> everyone needs new ideas / innovations / new tech etc. It was just metaverse , NFT has came into light which people finds that interest and develop business case
it will have a lot of impact into crypto -> it already has impacted greatly, the type of project people invest into, the type of marketing people do, etc…

Q3 from Telegram user @Jonathantross

I Found that “Geolocation” is one of the most important components of DROPP , Wil You Please tell me In brief about the GEOLOCATION , What Crucial Roles Does GEOLOCATION play in Ecosystem ?

Samson | DROPP.gg Li

geolocation enable us to perform the linking between the physical world into the metaverse!

Q4 from Telegram user @Sakshamalhotra

I Read that the main blockchain for DROPP is the Solana blockchain , May You tell me Why You Decided to Go With SOLANA BLOCKCHAIN, In Coming Months, Will You Try to Support More blockchains ?

Samson | DROPP.gg Li

yes, the next NFT we are doing, will not be on SOLANA, and long term we are going to plan for cross chain

Q5 from Telegram user @Silica432

I Read that DROPP consists of three products :

📌DROPP 2D
📌DROPP LAND
📌DROPP 3D

Will You please talk In Brief about these Products , What are the Main Speciality or Features of this Products ?

Samson | DROPP.gg Li

DROPP 2D -> the google map like interface for NFT creators to make a drop in less than 10 seconds
DROPP LAND -> our Metaverse!
DROPP 3D -> the AR aspect which you physically walk into a location and scan using AR just pokemon go to grab DROPP NFT

Q6 from Telegram user @JaviSuBs

Can you give a brief explanation of why some OTC Sales are limited? Will they also be limited for public sale?

Samson | DROPP.gg Li

I should say LAND sold from OTC might carry some limitation (like not transferrable, some comes with a building, those might get delete when resold)
LAND Public sales do not carry those limitation

Q7 from Telegram user @K2ice

You said the Long term vision of Dropp is “To Build a social community metaverse that has real world presence”. Can you further explain this? By having a real world presence, will you be adding the financial aspect of the real world in your metaverse?

Samson | DROPP.gg Li

Some of the real world aspect will be added, financial -> yes, we have staking, we have renting, etc, generally more will be added later
what’s actually more important is that the meta lands actually links to a location/landmark in the real world.
So it does mimic the feature of that

Q8 from Telegram user @isabella_blackk

Can you tell us about DROPP APPs, what are their viable aspects? Does DROPP provide an environment where content creators can convert their classic files such as audio, movies, pictures to NFT? Audio NFTs is a thought that could revolutionize the market, will there be audio NFTs in DROPP?

Samson | DROPP.gg Li

This ss a nice questions, yes we are enabling content creators to do DROPP
BUT!! that’s not the actual goal,
there are lot of platform having these functions
audio NFT actually might find a place.
for us, it is a different story

the reason we have a geolocation aspect, is that it provides a very important piece of information for story telling , ot understanding the background how and why a art piece is created.

We don’t want a full 3-min audio NFT, we want creator to share where and how the music is created, we want a 5-10s soundbite for fans to appreciate the story. That important for their fans!

Q9 from Telegram user LeSizzle

I want to know that will only the native token holders be able to get DROPP NFT and will one be able to stake these NFT’S?

Samson | DROPP.gg Li

Right now, the TGE has been postponed(because of market situation), native token isn’t out. later on native token holders can use it for minting NFT and staking as well

Q10 from Telegram user @hihohiho140699

I Read that MAGIC EDEN – The Primere NFT MARKETPLACE Joins the DROPP LAND , Will You please tell me More about this MARKETPLACE, How this Partnership Will help in the Growth of Dropp Platform ?

Samson | DROPP.gg Li

Yes! Magic Eden has joined DROPP Land, there are a couple of partnership points

  1. they got a piece of tier-1 land -> nice marketing
  2. we are building a gallery module, so user are able to see their collections from our AR / metaverse!
  3. we understand our users might need to trade their lands / NFT so having a deeply connected partners will give our user’s peace of mind when it comes to choosing a collected platform
  4. we are also an NFT launchpad, 2nd trading is always a needed feature, magic eden provide liquidty!!!
  5. Later on, we can integrate their trading directly into our app (we don’t have to maintain that part and build liqidity

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

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

English Telegram group: https://t.me/Satoshi_club/
Russian Telegram group: https://t.me/satoshi_club_ru/
Spanish Telegram group: https://t.me/satoshi_club_spanish/
Telegram Channel: https://t.me/satoshi_club_channel/
Twitter: https://twitter.com/realsatoshiclub/
Website: https://esatoshi.club/

Our partners:

Official website: https://dropp.gg/

Medium-https://droppgg.medium.com/

Telegram-https://t.me/DROPP_gg


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