AMA Recap ~~ ๐‚๐ซ๐ฒ๐ฉ๐ญ๐จ
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โ—ผ๏ธAn AMA was held Between
vs ๐‚๐ซ๐ฒ๐ฉ๐ญ๐จ on
Marchย 4th, 2022 atย 6: 00 PM (UTC) at Crypto Gold


Hi Everyone from Crypto Gold! Looking forward to getting started soon.

Well come to Crypto Gold Mate


Thanks for having me!


How are you?


I'm doing well how are you?


I'm Good

Shall we Start?


Lets do it!


Awesome! Just before starting I would like to remind one thing, kindly type โ€œDoneโ€ after your answers finish to avoid being interrupted.


Sounds good


๐—ฆ๐—ผ, ๐˜„๐—ถ๐˜๐—ต๐—ผ๐˜‚๐˜ ๐—บ๐—ฎ๐—ธ๐—ถ๐—ป๐—ด ๐—ฎ ๐—ฑ๐—ฒ๐—น๐—ฎ๐˜†...๐—Ÿ๐—ฒ๐˜'๐˜€ ๐˜€๐˜๐—ฎ๐—ฟ๐˜ ๐—ผ๐˜‚๐—ฟ ๐—”๐— ๐—” ๐˜„๐—ถ๐˜๐—ต ๐—ฏ๐—ฎ๐˜€๐—ถ๐—ฐ ๐—œ๐—ป๐˜๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜๐—ถ๐—ผ๐—ป ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜ :)

Here is the 1st Question ๐Ÿ‘‡


Hi everybody from Crypto Gold! I'm Arman Alan, the Head of Community and Growth at MetaBlox. Personally I first heard of Cryptocurrency back in 2013-2014 and have been curious ever since.

Done


Thanks for intro

Now move to the Next Question ๐Ÿ‘‡


So basically with Web2.0 we saw the biggest companies in the world generate the most profit off amassing user data and then aggregating it into user profiles and selling it to advertising companies. MetaBlox aims to return that revenue and privacy back to the users to which it belongs to. With the development of Web3.0 standards we have a special opportunity to establish the new Network Protocol upon which the future of Web3.0 is built on and that is what we aim to do.

Done


Great

Next Question ๐Ÿ‘‡


So there is going to be a hard cap of 1 Billion $MBLX tokens. Majority of the tokens will be distributed initially via Farming/Staking/Mining
. There will also be an IDO by the end of March which will make available a portion of the total tokens available to the public. We will also burn $MBLX and include a halving process so it will become a deflationary token.

Done


Now move to the 4th Question ๐Ÿ‘‡


We are releasing our app very soon (Q2 of 2022) and IDO by Late March of 2022! We are planning on implementing DeFi capabilities within our app that will allow you to Yield, Farm, and Mine on other blockchains as we are blockchain agnostic. We will sort of aggregate all DeFi features into our app, essentially making it the only wallet you will really need.

We are currently developing the Protocol Layer which includes W3C standard compatible DID + VC data model,

By late 2022 we expect to release a Miner which will allow users to set up and start earning passive income by providing Free WiFi to people.

Once MetaBlox is fully rolled out we will have Free WiFi Access, Full DeFi, GameFi + NFT, Smart Cities Smart Home, and Industrial IoT.

Done


Amazing

Now Last Question of this Segment ๐Ÿ‘‡


Basically what sets us apart and what allows us to do what we do while placing user privacy and security at utmost importance is the implementation of DID (Decentralized-ID) & VC (Verifiable Credentials).

These are current industry developing standards for Web3.0 and we are the only network with it. We will continue to add new features as they become standardized, which makes MetaBlox an attractive platform to develop the future of Web3.0 on.

Done


Thank you for your thorough answers, I think we covered the basics rather well - should we move onto the Twitter questions?


Let's do it


First Question From Twitter๐Ÿ‘‡


$MBLX tokens are an integral part in the MetaBlox ecosystem. Basically it will become the settlement currency within our ecosystem.

$MBLX will have intrinsic value because it will be tied towards NFTS that are rewarded to the users during the mining & validating process.

Also, $MBLX will be required to stake into nodes on the MetaBlox blockchain and will be issued voting tickets in order to account for a DAO governance system in which committees are voted on, ensuring a truly decentralized project.

Also, $MBLX will be swappable to other coins from different blockchains via our own app, redeemable for NFTS.

Basically it will become the heart of the MetaBlox ecosystem and serve as the settlement currency, while also being blockchain agnostic thanks to DID.

As our network grows, so will the value of $MBLX.

Done


Next Question ๐Ÿ‘‡


Great question!

Decentralization, safety, and security are key motivators that drive people towards cryptocurrency. What MetaBlox will do is implement Web3.0 privacy and security standards such as DID & VC as they become implemented and standardized.

MetaBlox will return the ownership of personal data back to the users of our network and allow the users the option of monetizing.

For example our app will have DeFi capabilities integrated, and with DID you will be able to have a credit score without giving any personal and private information away.

This is revolutionary and the implementations are endless as we are moving away from trusting big companies with our data and privacy and instead use DID & VC technology in Web3.0

Done


Last Question of this Segment ๐Ÿ‘‡


A big reason to why Cryptocurrency was started was to return the ownership of finances back to the people.

As always, the user must first and foremost control their own wallet security. MetaBlox does not provide a shortcut solution to that and we believe we should not either.

The security of one's wallet should always be the owner's responsibility, after all that is what gives cryptocurrency and decentralization it's power.

What MetaBlox will do however, is implement Web3.0 privacy and security standards as they are being developed into our network.

So for example, you may be able to verify you own assets in a different blockchain without ever revealing your identity.

Done


Great Stuff

Thanks for detailed Answer


Of course!


Now we Move to the interesting Segment live asking Session...

๐Ÿ“Œ Everyone Join the Guest Group Live Session will be in Guest Group
๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡
https://t.me/ChatonMetaBloxCommunity


Mute Time Guy's

@MetaNeta Please Select Five Best Question And Give Their Answer

Whatโ€™s your main focus right now, are you focused on the community or market/Exchange or the products?

Right now, we are focusing on increasing exposure to the community as we are a user-centric network built by the people for the people. We believe that the services of our Network and passive income via mining with our routers and validation via our app will attract new users once they are released and launched by the end of March 2022.

Basically everything we do is for the benefit of the users and we will continue to focus on the community as the value and strength of our network lies with the community and the users.

According to the projectโ€™s roadmap- what are your most important next priorities?

Basically increasing exposure to our project via marketing and influencer videos are our main priorities right now. As our network is developed, and our app and token are released by Late March of 2022, we will incentivize rolling out initial network coverage by designing the tokenomics to reward users who set up miners and provide Free WiFi access to users.

While some initiatives must discuss "long-term vision and mission," what are your short-term objectives? What are you concentrating on right now? The first step, especially the diversion, is usually crucial in laying the financial groundwork for the succeeding steps?

Right now we are heavily focusing on developing the protocol layer, which is the DID & VC Web3.0 standard.

Once this layer is fully built with our own app. Applications can be built on top of MetaBlox and start the development of the future of Web3.0

So basically we are concentrating on developing the protocol layer with DID & VC on which Web3.0 applications can be built on top of.

Do the token holders have right to participate in the governance of the project?

On what kind of decisions can they vote on about the project?So you must establish a node within the MetaBlox which will issue voting tickets.

Users will be able to vote on three oversight committees every two years

Technical Committee

Which evaluates each type of miners and confirm its eligibility of providing services, determine technology roadmap, and the distribution of technical grant

Governance Committee

Every aspect of our Token economics will be in our committee, also will decide on the community development roadmap and approve the budget of technical grant and community growth grant; audit the usage of them to assure the users that funds are being spent appropriately

And finally the Growth Committee

Which will handle marketing, branding, and social media engagement and host Hackathons, off-line seminars and etc.

Since NFT is popular nowadays, is there a plan for NFT integration?

NFT actually plays an integral part in our ecosystem and verification process.

In order to validate the MetaBlox network, a user must access and verify the quality of WiFi they are receiving from a miner.

Once this interaction is verified and sent to the Blockchain, an NFT is earned by the miner and user and has an intrinsic $MBLX token value assigned to it. This also opens up the potential for branding opportunities for businesses and users alike.

I have not seen NFTS being utilized in this manner as these NFTS have value because of the way they were acquired and personally makes me very excited for the future of MetaBlox.

So in essence, NFTS play a major role in our verification process and the future of our Network.

๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡

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