BOLT Community AMA | 13 May 2020
Summarised transcript of the live Zoom interview
Introduction to BOLT, by BOLT Co-Founder Christel Quek:
BOLT is an interactive media platform that converts your media experiences into monetary value. Our mission is to open up the power of information to all, with a vision to create an inclusive economy that will be powered by the world’s stories. We do that through two applications — BOLT+ and Pegasus.
BOLT+: interactive media platform, with a focus on sports and educational content.
Pegasus: a gateway converting a user’s media experience into monetary value.
Welcome to our AMA with BOLT Founders Jamal Hassim & Christel Quek. Hosted by BOLT Community Manager — DavosCryptos.
Question 1: What are the latest developments at BOLT?
There have been a substantial amount of developments in the last two months. We’ve done quite an extensive review of the business. Mainly our proposition, service and also the all the mechanics that we’re putting out there for all of you.
We found out our Radio and Live TV channels are actually doing very well. There will be a content revamp. We’ll be focusing on live channels, this is what people are looking for. We’ll be also adding chat functions at our channels and encourage people to engage at our channels, in which active users will be rewarded.
Also we’ll be working with content creators, which can host their own 24/7 channel.
Question 2: How is BOLT coping with the Covid situation, we’ve noted interesting developments?
We’ve seen an increase in downloads and users across our live and radio channels. We’ve also launched our BOLT Youtube page, and we’ve launched our We Are In This Together Campaign. Which has been well received by the Community.
Very soon you’ll see more video’s coming out from our Sport Community and Sport fans. This has what we’ve been doing on the content side. Also we’ve made progress with our Lightning Round developments, which we think will be a popular feature.
We are all working from home. The teams have been connecting via various channels, zoom, whatsapp, e-mail. The productivity and efficiency is up.
Question 3: What makes BOLT unique in the crypto space, also whats the content strategy going forward?
We have actually found a way to use crypto for a business that’s live.
That we can all use on a day to day basis. Very soon you’ll be able to engage, earn tokens and be fully active in our Eco-system.
Plus use your tokens for Stake and Lightning Round. We actually found applications for the BOLT Token.
Question 4: When is the full tokenomics update for the community?
We will share an update next week(s)— we are finalising numbers at the moment.
Going forward there will be monthly tokenomics reports.
We will announce via T.me/BoltGlobalAnnouncements.
Question 5: When are we receiving the swap instructions?
The Swap on BitMAX and Kucoin are already going on. We will share an update next week (s)— we are finalising numbers at the moment.
Also we will share the instructions for the manual swap via our Token Manager.
Question 6: Will the Pegasus Wallet support other tokens?
Pegasus supports ETH, BNB and BOLT tokens and we will consider adding others in the future where appropriate. We will be integrating BTC and a few other tokens very soon. Stay tuned!
Question 7: Can you share more of your marketing plans for the second half of the year, also can you share more information about the plans for LR and Stake?
Lightning Round — we are debuting two new formats for LR to acquire users from the general public and the crypto space.
Also we’ll make LR a separated app and look to incentivize our users via a program. We are looking into adding Stake for Esports and let build people host their own Stake and LR rounds.
Question 8: Is there any news and time-line known regards BOLT Whitepaper 2.0?
This will be part of the extension of the existing bolt.global website.
We are looking to index our whitepaper (i.e. this will be third version of our whitepaper) directly into the website vs a PDF.
Question 9: Is there an educational video series coming about BOLT+ and Pegasus Wallet for our non-crypto and crypto users?
Yes, we will plan a walk-through video that is easy for both crypto and non-crypto followers to understand. We will publish the series at our Telegram and social media channels for people to learn more about BOLT.
Question 10: Which non-english languages can we expect for BOLT+, Pegasus, LR and Stake features?
We will monitor interest from the community and decide accordingly. If you have a suggestion, please feel free to submit them in our support website, support.bolt.global
Country Languague
South Africa English
United Kingdom English
United States English
Pakistan Urdu
Swaziland English
Malaysia Malay
India Hindu
Nigeria English
China Chinese
Bangladesh Bengali
Germany English / German
Kenya English
Singapore English
Iraq Arabic
Utd Arab Emirates Arabic
Algeria French
Canada English
Turkey Turkey
Netherlands English / Dutch
Vietnam Vietnamese
Question 11: Can you share more about BOLT T.V?
We are currently conducting internal testing for Hisense TVs to also include older versions of Hisense TVs in the roll-out for greater adoption.
We will share more news about BOLT T.V next month. Stay tuned! Our teaser has been posted at T.me/BoltGlobalAnnouncements.
Question 12: Is BOLT looking into fitness or health topics for BOLT+, this is a big market?
Fitness, wellness and lifestyle are some of the new genres coming to BOLT in the very near future. We are currently working on on-boarding content creators within these genres to deliver engaging, interactive and relatable content.
Content within these verticals is in high-demand at the moment and they are an avenue to extending our reach and userbase beyond the hardcore sports fans.
Question 13: Can more details be shared at BOLT Vault regards data like users, and most active countries?
Our Goal is to bring more transparency and improve communication with our Community.
Therefore, over the next Vaults we will share more details about Data. Such as the performance of our Live TV channels and User base by Country.
Question 14: How are the developments going in South Africa, regards our data?
After launch of Hisense partnership we saw a increase of almost 98% of Daily Users in South Africa, which is today the largest users base of BOLT+ Application.
Question 15: Brazil has a large crypto presence and also very active across football and other sports, would this be interesting data-wise for BOLT+ to add a Brazilian Community?
Some of our staffmembers are from Brazil. We would like to have more of our presence there. Not only Brazil, but also South America has a huge potential in terms of user growth.
The creation of a South American Community is part of the next steps on our Community Growth Campaign.
Question 16: How are the developments going in the Middle East Region, how is the data looking from our Middle East users?
Today Middle East represents almost 10% of the viewership of our Applications. Specially United Arab Emirates and Iraq.
Question 17: Are there any updates regards the equity round?
We have closed a first equity round with a Qatar based company. We will share more details on the larger equity round at later date.
Question 18: Will BOLT be posting the audited finance performance reports again?
We will let the community know if it will be posted. Please join our Telegram channel via T.me/BoltGlobal or sign-up for our BOLT Vault (Bi-Monthly newsletter) with the latest updates and news.
Question 19: What is the prognose for the upcoming years since many major events are cancelled like Euro2020 and Olympics this year?
The absence of major sporting events has afforded us the opportunity to review and focus on developing key areas within the business especially our content strategy.
Pending upcoming exciting changes to our content approach, we are confident that this period of building will put us on good footing heading into 2021 and the global resumption of sport.
Question 20: We’ve been hearing developments about the BOLT Marketplace, can you share more details?
We are planning a revamp of Pegasus, scheduled for the third quarter, and we will release more details once it is more concrete.
Question 21: Why is the Partner Portal important for BOLT’s Eco-system and what’s the timeline?
It will be the main channel of communication for both potential and new business partners and content creators to collaborate with us.
Question 22: What are the plans with the BOLT Website?
We’re transitioning the focus of the current BOLT website (bolt.global) from being informational to focusing on our content offerings.
When a user goes to bolt.global, they will land on the responsive web version of BOLT and you can watch and engage with almost all our offerings there (Stake and Lightning Round is currently still an app-only offering).
Information about the company will be put into a sub-page which can be accessed through the responsive web site.
Question 23: Which Radio and T.V channels got recently added?
We have recently added live TV and radio channels from the Middle East, India, South Africa, Nigeria, Srilanka, US and UK. And these channels are ranging from news to music and entertainment.
Latest TV channels are MBC channels, Anjan TV, India Today, Olympic TV, VOA, SkyNews, Trace Kitoko, Dove TV, Emmanuel TV, Alkass channels, The Buddhist Network, and Al Rayyan TV.
Latest radio channels are Suria FM, 702 Talk Radio, River Radio, Sout Al-Khaleej, Radio Sawa gulf, Radio Olive Retro/Hits/Club, Wrod 1340 and ABC Love Radio.
Question 24: How can the community track the schedule of Radio and TV Channels?
We release a line-up of highlight programs from our live channels on a weekly basis via our newsletters, social media and push notifications. We are currently looking at incorporating a highlight program schedule in the BOLT+ app itself.
Question 25: Has the BOLT Community, Growth Campaign started already?
We’ve started the Growth Campaign and have launched several new nations including Japan, Bangladesh, India, Korea, Africa, Pakistan, Indonesia, Russia, Sri Lanka and the Middle East?
If you’re interested to hear more e-mail us via dave@bolt.global, scott@bolt.global or thayne@bolt.global.
Question 26: How about adding Warner T.V & ESPN channels including TEN Sports?
Thanks for the channel requests.
We’re always keen on hearing the community their suggestions for channels. Please send your email to enquiry@bolt.global and dave@bolt.global.
Question 27: Is BOLT interested to add more Bangladeshi TV and Radio Channels?
We’ve recently added a lot of new channels, which you can read at our BOLT Vault editions as well plus at Bolt Global Announcements.
We’re always keen on hearing the community their suggestions for channels. Please send your email to enquiry@bolt.global and dave@bolt.global.
Question 28: Is there an update on the BOLT’s Esports developments?
Yes, we are. Stay tuned for the upcoming quarter as we are in a revamp of the BOLT+ App and Pegasus. Which also involves adding our Esports plans and developments, which we are working on now.
If any questions or suggestions contact dave@bolt.global.
