Welcome to another episode of our AMA series. Today we are glad to tell you about the AMA session with our friends from Hyper Meteor, an exciting and comprehensive business project that is made up of three separate components: Community Platform, hub devices and Xchange. The AMA took place on September 11 and our guests was Aadon Crouch (Director of the project).
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 COMMUNITY QUESTIONS
Gold Rocket | Satoshi Club: Hello Satoshi Club!
Don Crouch | Hyper Meteor Ltd: Hi there everyone! Great to be here.
Gold Rocket | Satoshi Club: Introduce yourself please. How did you get to be involved in crypto & Hyper Meteor LTD. Tell us please about your position in Hyper Meteor LTD.
Mary | Satoshi Club: Could you please introduce yourself and tell us more about Hyper Meteor LTD?
Don Crouch | Hyper Meteor Ltd: Yes of course, I have prepared some information about myself, the company and what to expect over the coming years.
My name is Aadon Crouch and I’m the Director of newly founded Hyper Meteor LTD. My personal background is in logistics, currently working for the largest music and events haulier in the UK and EU as the Operations manager.
For many years I have traded Crypto on a variety of platforms (had a dabble), my forte is in processes and bringing all pieces of an operation together to work effectively. This skill and others are what I bring to the company, to ensure we can systematically execute the projects we have laid out before us. We have a great starting team, some of which have their own successful businesses and have the initial knowledge we require to make a start. Over time our team will grow as we bring in the expertise required.
Hyper Meteor LTD, is a company born from the love of space and all of the research and development that will become available as we begin to rapidly grow, as a species, within these industries and as we make our way to becoming a multi-planetary civilization. As a company we have decided to fully embrace the power of blockchain technology and to begin to position ourselves to capture as much of the coming potential in growth and discovery as we can. In doing so we hope to make an impact in the lives of everyone who is touched by us as a company, in a positive way. A Hyper Meteor impact if you will!
We have structured our company around three tokens and to mention them briefly here; Hyper Unity, our core community token, Hyper Hub, our utility token designed to be used in conjunction with our night sky capture project and lastly Hyper Exchange, which as the name suggest we aim to eventually become our own in-house token exchange platform.
At this stage there are two really important factors that the team at Hyper Meteor LTD want people to understand about us and what we are trying to achieve as an organisation. That it is our continual focus on innovation and our determination to set a new standard in what it means to be a company in the 21st century. In the short term we are looking towards raising people’s awareness of the idea that we are in a position, for the first time in human history, to be able to literally reach for the stars and to take an active part in the unfolding of one of the most important chapters of our civilisation to date. Over the long term we are looking to build a multi-national company that will set the standard in all aspects of industry connected with making us a multi planetary company by way of making us all a multi planetary civilisation. In the future we want to build academies, research and development projects, global public access observatory networks, VR and AR games that are deeply educational as well as highly entertaining and the list goes on.
We have our foundational three token projects, however we are a company of innovation and consideration. There are many buzzwords people are hearing in the world of Crypto right now. Decentralisation, Tokenomics, Interoperability etc. There are so many projects and tokens our there and its easy-to-use words to convince people that your project is a good one. Our biggest buzzword after innovation is transparency. We may not be decentralised to start with however it is our goal to become fully decentralised in the future. We want our platform to be as interoperable as we can make it, with as many chains and partner projects that wish to work alongside us, but we are not there yet. I could go on, however the point I’m ultimately making here is that we will always let our community know who we are, what we are doing and how we intend to do it. Furthermore, we will always be open to listening to our community both as a whole and right down to individuals who wish to submit innovative ideas. We sincerely hope that people will view us as an opportunity to try something new, to test and idea, to offer a perspective we as a company may be lacking. This ethos along with others we have adopted as a company is the innovation that will allow ever more innovation. We want to start the wheel in motion and were here today to let people know that they are welcome to join us at the wheel anytime.
Over time you can expect;
A social platform where users can interact (chat rooms, forums etc), create, and share content, learn, play games, trade NFT content and even buy creative services. This platform will keep on growing.
In due course we will commence our first prototype Hyper Hub. We will be creating a network of sky scanners where users can rent time slots to observe and capture footage of space and celestial bodies. We will provide this footage in NFTs and provide options for the user to monetise their NFT or keep it for themselves! In each location we will use one HyperHUB for our community to enjoy and study findings.
Our hyper Xchange will be a place where projects / companies can come and seek assistance with the launch, we will be offering media creation packages, advertising, along with pre-sale tools similar to DXsale, where we will launch the token for you after pre-sale, locking liquidity straight away and helping secure a safe and successful launch for both owners and investors a like.
Mary | Satoshi Club: I know a lot of examples where projects tried to build social platform on blockchain but currently they didn’t reach noticeable success, what different you want to offer?
Don Crouch | Hyper Meteor Ltd: So we have Andy who is my CFO, me and Andy have been family friends for over 10 years now. We have Clive who is our CCO, he looks after all our imagery and videos and is also our NFT artist. We have Miquel who is our CIO, we have known eachother just under a year and he is forever popping fantastic ideas for us to work towards. We have freidrich who is out CTO, he will be assisting us with token launches and intergrations in the future.
Gold Rocket | Satoshi Club: You spoke so lovingly about the team that I loved them too. It’s like a family Is your team anonymous?
Don Crouch | Hyper Meteor Ltd: Our community is going to be super fun, we will have lots of activities for people to engage with, completions, gallery walls of the stars but also educational for all ages. Our team is fully doxxed, I wanted to make sure everyone can see who we are.
Q1 from Telegram User @yellowchamp
I see that the team behind Hyper Meteor LTD is committed to be 100% transparency and will maximize 100% of human potential innovation. So, literally how would your platform show transparency to the community and to its investors? In what way that being transparent will be given an attention to your platform? Can you explain how would you maximize 100% of human potential innovation? As you want to maximize the 100% of human potential,do you have any training or seminar offered to your team to enhance more of their skills and knowledge towards work? Thank you.
Don Crouch | Hyper Meteor Ltd: Good question, I wish I had a document with an exact methodology on how to maximise human potential and transparency. Transparency I feel is the easiest, especially when everything you are doing as an individual or organisation is driven purely by desire to anyone and anything we engage with as a company will accelerate and amplify to the benefit of all. .. It may seem like a simplistic tenage answer however, when you are not doing anything wrongand what you want is for everyone to see what you are doing is right, well, then transparency is just second nature. As to how we are going to maximise 100% of human nature, I am certainly looking forward to finding out! We want to establish academies, run lecture serioes with master of their fields.. fund research and in the process of doing all these things and more, we want to get ever better at answering this very question. We will as the years go on.
Mary | Satoshi Club: And can you give us a specific example?
Don Crouch | Hyper Meteor Ltd: Through the whole process of our first token launch (starting public sale next week), I keep everyone informed of where we are at. What we have and will spend raised funds on. I like to make sure all cards are always on the table. And when it comes to our projects, we will ensure everyone is aware of what we are doing in the background to bring it to life for everyone.
Q2 from Telegram User @Pavel_Petrea
Hyper Meteor has recently announced that about 60% of allocated amount was sold meaning the 40% will soon go to public sale. My question is if you plan to set any amount limit for public in acquisitions and what is your forecast for Hyper to grow? Do you see it as a long or short term ascension? When and where the public sale is planned to be held? Thank you!
Don Crouch | Hyper Meteor Ltd: We had a great private sale given the fact we didn’t showcase it to much. Not all allocated tokens got sold so with what we had left over, I put aside 7 million tokens to distribute across our board and loyal moderators who have been doing a sterling job. The remaining will infact be added to the rest of the tokens we put on uniswap.
Mary | Satoshi Club: How much did you collect during private sale?
Don Crouch | Hyper Meteor Ltd: The public sale will commence next week and an announcement will be made in our Telegram and across our socials. We will carry this out on our community platform. I would need to check but off the top of my head, from the 780 million we put aside, we had just under 200 million left.
Mary | Satoshi Club: What was the price for one token?
Don Crouch | Hyper Meteor Ltd: We will be looking at 780 million to be sold on our public sale, all that is left will go onto uniswap.
We had packs for people to buy.
AK (WILL NOT DM FIRST): The price per token on the private pre-sale varied from package to package, as you can see above in the picture Aadon has shared.
Mary | Satoshi Club: Where and when we can join your public sale?
Don Crouch | Hyper Meteor Ltd: www.hypermeteor.co.uk and this will start, I would think from Tuesday onwards. I just want to do some testing myself to ensure it all works how we need it.
Q3 from Telegram User @NataliyaKil
Refinable is the Official Marketplace for HyperMeteor NFTs. What are the main features of this platform that your community can benefit from? I was also interested in the distribution of profits: 50% of sales will go back to the token split 25% to a Space Charity and the other 25% will purchase the token and then burn to reduce supply. Can you also tell us more about each part of the distribution? What is the purpose of this particular distribution?
Don Crouch | Hyper Meteor Ltd: The content on our refinable will soon be coming down and replaced with some brand new NFTs created by our own NFT artist Clive. The distribution of profit details are outdated and not what we will be proceeding with, all fund will be going into our projects to start with. Our first partner will be Adopt A Star! and we will be trial running the certificates and scientific data the customer would normally receive on email… by NFT! Over time we will be looking to attract fantastic NFT artists to showcase their creative work on our very own NFT marketplace once it has been built and we will reach out to various companies to see if our new NFT service (like what we will trial with Adopt A Star) is something they would like to try.
Mary | Satoshi Club: Do you have any examples of your NFTs to show to our community?
Don Crouch | Hyper Meteor Ltd: Clive has kept his designs top secret i’m afraid however you can see some of his work which is currently still up on the marketplace.
Q4 from Telegram User @Asela1112
HYPER METEOR LTD have a Merchandise Store which is allocated for Clothes. What is the reason for integrating a merchandise store only for trading clothes though your visions directly focused on Space & Astronomy Science? Can retail traders enter to this Merchandise Store to sell their Clothes? Will you Extend this clothing Merchandise store to Space Components trading store in future? What will you do with Collected funds coming from merchandise store?
Don Crouch | Hyper Meteor Ltd: Great question, we intend to look at how we can develop this into an avenue for exploring questions like, ‘will there be a certain fashion for space travel as it becomes more commonly available?’ And if so what materials would we use and would we start to see integration of technology into fashion as a result of a greater preference for for function as well as form. The items right now that are available are based on TALU Things Are looking Up. I personally just liked how it looked and wanted to see if it appeals to people.
Mary | Satoshi Club: If it will succeed where funds from sales will go?)
Don Crouch | Hyper Meteor Ltd: And the clothes do look good, our moderator sirdizzydub bought a hat and it looks great on him.
Again funds go back into the projects. You see, at the start of this I new we needed a business plan and that’s what I got. A 5 year business plan for us to work to and financial projections. This business plan is out with a company who are head hunting investors for us. We can systematically execute our plans straight away with with an large influx of funds, however until that time, we take steps at a slower rate and get it right.
Q5 from Telegram user @Highpee
Most exchanges usually enable the swap or trading of assets from one to another but the Hyper exchange will function differently. According to information provided, this exchange is targeted at business startup and they can use it to buy advisory services. Can you explain the type of advisory services provided and how they are bought? How do these services provide alternative funding options for projects? Also, Since you said business startup will be able to list new tokens for crowdfunding campaign on this platform, does it mean that Hyper Xchange will also double as a launchpad?
Don Crouch | Hyper Meteor Ltd: Our Hyper Exchange is going to be aimed at, but not limited to, new token start ups, low market cap projects or companies if you will. It will be a place where said projects / companies can come and seek assistance with the launch, we will be offering media creation packages, advertising, along with pre-sale tools similar to DXsale I would say eventually where we will launch the token for them after presale, locking liquidity straight away and helping secure a safe and successful launch for both owners and investors alike. All of this will be intertwined with out community platform, where there will be advertising for new projects launching and dedicated pages to the exchange projects listing etc. When it is time, our team will sit down and thrash out all avenues for our exchange and bring in the talent required.
Mary | Satoshi Club: Which blockchains will you support?
Don Crouch | Hyper Meteor Ltd: Good question, at this stage I would be thinking of the blockchains our own tokens live on. So that’s Ethereum for Hyper Unity, Cardano for Hyper Hub and Hyper Xchange token. TBC.
Q6 from Telegram user @victorogb
In an effort to develop and grow the Hyper Meteor brand, you have set out a plan to Launch your Constellation app, Launch the first AR/VR game space game, as well as expanding Hyper Hub to 6 countries comprising of 30 Hubs. Even as these plans are expected to be available within the first 36 months, can you carefully talk more on them, how will your Constellation app work, what explorative functions will it provide users, and with your AR/VR games, what should players expect, and what sort of gears will be needed to play them? Also, as Hyper Hub expands to 6 countries with 30 Hubs in total, what specific regions do you target?
Don Crouch | Hyper Meteor Ltd: Ah yes, the constellation app. We are discussing internally now if we make this app or go straight to the AR/VR. When the time comes, I will be bringing onboard a team to get to work on this. We will be researching what others are doing in this space, maybe an opportunity to collaborate with another team that are aligned with our vision for it. My vision for our VR and AR games are to be educational, to browse constellations and learn. Of course, at this moment in time I cannot go into great detail until we arrive at that part and dig much deeper and decide our direction. To answer the Hyper Hub question, the soul of the Hyper Hub project will be its community of institutions and individuals that have an interest in astronomy and space. Our purpose is to grow that community, while intertwining it with the Hyper Community project. We choose El Salvador to pilot our Hyper Hubs for many reasons. One of which of course is that they have recently become a Crypto adopting country, but we want to launch an Innovation Academy program, as a branch of the Hyper Hub project. With support from the El Salvadoran government, we want to organise educational programs around the subjects of: Blockchain, Investing, Artificial Intelligence. We will see an opportunity to retain the talent we train. The medium to long term plan is to extend the network to other countries, encompassing both the northern and southern hemisphere. Having a network that extends in both hemispheres matters because you can see different parts of space from each hemisphere, as can be seen in the diagram below:
What will our users be able to do with our Hyper Hubs? Users can capture unique footage or study areas of space that are intersting to them.
Mary | Satoshi Club: So, guys, can you tell us when we will be able to try at least one of your products?
Don Crouch | Hyper Meteor Ltd: The concept is meant to keep the user engaged in a never ending search for the most beautiful and unique space footage. Their unique footage will be provided to the user by way of NFT and from there, Hyper Meteor LTD and the NFT owner can choose to keep it as a collectible or share it with the Hyper community and even sell it on our own NFT marketplace once built.
We will be starting to build our first prototype in about 2 months time. We have our initial schematics. Im really excited about this, to provide NFTs of space objects, that potentially only that very hub captured.. one of a kind.
PART 2, TELEGRAM COMMUNITY LIVE QUESTIONS
The chat was open for 120 seconds; a lot of questions were posted by Satoshi Club community. Our guest chose some of them.
Q1 from Telegram user @Hadia142
For any crypto project, 1% of its success comes from the idea itself. 99% comes from execution. I have seen many projects fail due to lack of expertise & understanding of how the cryptosphere works. Does have the qualified team needed to fulfill all your goals?
Don Crouch | Hyper Meteor Ltd: Hadia, I fully agree with you. Through building our business plan, we have identified what kind of individuals we will need to bring onboard. Come the right time, we will seek out those individuals ourselves or through an agency. You see our team will grow and our projection is that by year 5 we will have approx. 200 people working for Hyper Meteor LTD in some capacity.
Q2 from Telegram user @Rakshitx5
Why did you choose the ERC20 chain to launch the token despite its having high gas fees which may stop many people to invest?
Don Crouch | Hyper Meteor Ltd: When we made the decision on this, the fees where not at the level they are right now. We had a discussion approx. a week ago about this and to decide… do we stick with this or change chains. Of course, I couldn’t see that changing chains would be a good move at this stage now. We expect over time that these fees will go back down as its not sustainable for them. Those that purchase Hyper Unity will get benefits for holding them on our community platform.
Q3 from Telegram user @Milon22555
Do you have any Coin Burn / BuyBack systems or any Token Burn plans to increase the value of Token & attract Investors to invest?
Don Crouch | Hyper Meteor Ltd: Our CFO Andy has suggested that over a period of 10 years we buy back Hyper Unity and burn the tokens we buy. I think this is a great idea and something we will implement.
Q4 from Telegram user @orlemys
The Hyper Meteor business will operate in El Salvador as the pilot country, and you’ve said you will have an impact in areas like education, wealth inequality, and technology adaptation. Would you tell us how exactly you will accomplish these feats? Also, have you gotten the necessary permits to operate safely and legally in El Salvador?
Don Crouch | Hyper Meteor Ltd: Our CIO Miquel has made initial contact with the consulate and they liked our ideas especially given the direction there country is going with Crypto. Once we have our prototype ready, we will be heading to London for a meeting to discuss and go from there. We would like to be backed by them and work together so we will proceed down this avenue and see where it takes us. As mentioned earlier, the academies and educating and involving their communities will be how we start to help them.. help them build business in the Crypto space.
Q5 from Telegram user @captainprice111
I noticed that your project has been abandoned by a team recently, what did you do to bring this project back to normal or revive the dead? What was the most difficult thing for you while reviving the project? What is the biggest factor that makes your project turn towards space exploration?
Don Crouch | Hyper Meteor Ltd: There is a token called HyMeteor and this was ran by another team (I dont no them personally). I came across the token and invested $50 myself.. over the weeks to follow, these guys started arguing, banning each other, it was a right mess and so me being me, I wanted to help and so did a few other community members, after all we had an investment in those guys. To cut a long story short, the token was renounced, the dev vanished, we had no funds.. so unfortunately we couldn’t do much with it… But for sure, that whole experience brought my new team here together and what an amazing journey we will now take together! TALU!
Q6 from Telegram user @Kushal85127939
Is there any educational material or e-gallery do you guys provide on Space & Astronomy? Will only Space related NFTs be available on Hyper Marketplace?
Don Crouch | Hyper Meteor Ltd: Not yet but we will be Kushal. We will have a part of our ‘Hyper Zone’ which will showcase in the form of gallery walls content and images submitted but people around the world of the stars. It will have categories like, mobile uploads – pictures taken on your phone, and Mystery… what is it? These will be linked to Pinterest and our forums so our community can enjoy and discuss them. I suspect our NFTs will be space related of course, however we will see a nice array of ideas and themes over time.
Q7 from Telegram user @Asela1112
You have a own NFT marketplace & Already there are some NFTs such as ITS COMING HOME, England Spaceman, USA Spaceman etc..Why did you focus only on Sapcemen When Creating NFTs?
Don Crouch | Hyper Meteor Ltd: We have a verified refinable marketplace yes, we plan to build our own. In the mean time Clive will be taking down some pieces of work and will showcase some new NFTs, which is very exciting. I suspect he focused on spacemen as its in theme with us and the stars.
Q8 from Telegram user @PSGLio
What percentage of Hyper Meteor 100% allocated money has been sold? Do you have any plans for Hyper Growth? Has Hyper Meteor launched a public sale? If Not, When and Where will the public sale be launched?
Don Crouch | Hyper Meteor Ltd: I wanted to start with spending some funds on this very AMA as I have been watching for many weeks now how engaging and great you all are on here. We have also spent some funds on a few twitter promos, our own competitions and instagram. Over the coming weeks you will start to see press releases from us on platforms like CryptoPotato. We have been inundated with people (mostly scams) asking to help promote us. We will make sure our funds are used to best use for the best exposure of our tokens AND our platform services. The Public sale will be carried out via our platform www.hypermeteor.co.uk. That will start next week, tune in to our socials and Telegram to be advised exactly when.
Q9 from Telegram user @nahid16288
Is your Project a local and a global project. How many People do you have for non english user? Can anyone uses your services from anywhere in the world.Is there are any restrictions of using your service?
Don Crouch | Hyper Meteor Ltd: Hi Jhon, our project will be global. Our CTO is from Germany, CIO from Spain. At this stage I cannot see us putting restrictions in place for people around the world to use the services we provide. I would want all people to enjoy what we create for and with them.
Q10 from Telegram user @Mercury654
I found One unique Company Wallet on your platform Which is called “COLLATERAL WALLET”. Can you tell us what was the main purpose of introducing this wallet in your Ecosystem ?
Don Crouch | Hyper Meteor Ltd: To Priyanshu Singh, please see details regarding our company wallets – Company Development Wallet – 500 Million Tokens. The development wallet is as it says, it will be the wallet from which all funds necessary for the continued and ongoing development of the project moving forward and will kept and paid out from. Company Treasure Wallet – 500 Million Tokens – This will be the wallet that holds incoming profits generated by the community platform and from here will wait to be assigned to another wallet or be used in events such as future airdrops, prize pools and funding third part projects. Company Collateral Wallet – 1 Billion Tokens – We aim for this wallet to never be touched. It has become a regular and standard practice for Blockchain projects to hold a certain percentage of its net worth in a reserve that remains untouched for all but most needed circumstances. The holding of a set percentage of net worth in reserve in and of itself creates a base stability to the project and helps to mitigate against exploitation from the 51% attack and also against volatility within the market. It will hopefully minimize the impact any one holder of the token can make on the base price of the token out on the open market.
PART 3, QUIZ AND INFO
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about Hyper Meteor. A link to a Quiz form was sent into the chat. Participants had 10 minutes to answer. 300$ were distributed between the winners.
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