DeltaAMA Series AMA ID 015-Transcript of AMA with MetaBrands
omg-DHC CM: Hi @everyone thank you for joining this fun AMA session with Wilson Duarte Partnership & Community with MetaBrands.
Hello welcome to our server and its a pleasure to have you with us @Wilson | inPlanB.
Wilson Duarte-MetaBrands: Thanks guys. Excited for this AMA.
omg-DHC CM: Perfect DHC community is happy to have you. Let’s start the AMA. Let’s start by telling us about yourself, your blockchain experience and your role with MetaBrands?
Wilson Duarte-MetaBrands: Sure. Hello Everyone, I’m Wilson from MetaBrands where I take the role of developing partnerships and communities along with several DAO members.
My background is computational applied Mathematics with a master degree in applied geophysics. My last role before quitting my day job a few months ago was Project Leader in a big Oil & Gas Company where I was managing projects, people and clients on a daily basis… boring stuff.
I have been involved in the crypto space since 2017 and I have been fully engaged in permissionless finance since then, supporting, engaging, networking and interacting with several DeFi protocols… exciting stuff.
omg-DHC CM: That is a very unique resume with some strong educational background.
How about the MetaBrands team and their background?
Wilson Duarte-MetaBrands: That’s an important question. MetaBrands is a DAO consisting of members from the core team, advisors, strategic partners, and token holders. DAO Advisors specialise in the fields of web3 and blockchain core development, decentralization and governance, finance, branding and design, marketing and content creation, gaming and eSports, community growth, and positive social influence. Collectively, the MetaBrands DAO has over 30+ years of experience in the realm of blockchain and cryptocurrency, providing a well-rounded knowledge and understanding to navigate the dynamic landscape. Currently there are 12 DAO advisors.
omg-DHC CM: Impressive resume for sure.
The inception of MetaBrands and its beginnings. Can you talk to us a little bit about that?
Wilson Duarte-MetaBrands: Certainly. MetaBrands is founded by the 12 initial DAO Advisors listed on our website. We all share a fascinating interest in Metaverse, NFTs, and Play2Earn Ecosystems and found ourselves all separately investing into projects, starting our own Axie farms, and sometimes even competing for the same whitelist or NFTs. By pooling all of our talent, resources, and streamlining systems, we realize with our collective efforts and as a community, we could unite and collectively create a realm of unimaginable abundance. https://metabrands.io/
omg-DHC CM: What are some unique features of MetaBrands?
Wilson Duarte-MetaBrands: MetaBrands is a Metaverse Resource DAO that participates and contributes to the top-performing play-to-earn models and player-owned economies. One of its unique features is that 80% of the yield generated from these diverse contributions in many realms of the Metaverse will be used to buy back the MAGE utility token off of the public market and then airdropped to MAGE Relic owners on a monthly basis.
omg-DHC CM: Very cool.
And about the MAGE utility token. Can you tell us a little bit about its use case?
Wilson Duarte-MetaBrands: MAGE is an ERC-20 governance and utility token for the MetaBrands ecosystem. As the governance token, it grants rights to cast votes and create a multitude of proposals.
One of its key features is that holders have the ability to mint MAGE Relic NFTs, which burn the token and the Relic owners will be eligible for monthly Airdrops. Furthermore, the MAGE token can also be used for payments, liquidity mining, whitelisting, and discounts (when used to purchase assets directly from MetaBrand’s Treasury) and even expansion as play-to-earn asset.
omg-DHC CM: Very nice. Ok @everyone we will allow questions from our members to ask and then @Wilson | inPlanB will be given the time to answer five of them. Make sure you post your twitter link to the question as well.
Ok @Wilson | inPlanB you can answer a few questions.
Q: With so many excellent networks in the DeFi ecosystem such as Solana and the great Avalanche, which had a high growth in recent months, what is the strategic justification for MetaBrands to select the Ethereum network in where do we talk about high rates?
A: This is an important question. We are launching on Ethereum, but immediately bridging over Avalanche and BSC. MetaBrands is not focusing on Ethereum ecosystem, but actually it is blockchain agnostic.
Q: What are the major things that MetaBrands focuses on? What is the major advantage of P2E asset?
A: Nice question. The whole model behind what MetaBrands does is to extract value and generate yield from for the Relic holders from play-to-earn activities. Quick example, Axie Infinity scholarships.
Q: In order to build a successful project, it is not enough to only have a good tokenomics and coin burn. Do you plan to add new features, like weekly rewards and meme contests for spreading word? Can you share your upcoming plans for raising awareness into the project?
A: We're aligning with several of our partners to start a broader marketing push and that’s why DeltaHub partnership is important to MetaBrands.
Q: What are the utility of MAGE? How does this help MetaBrands? Also how can I claim MAGE RELIC NFTs?
A: Actually, you have to mint the Relic by burning the MAGE token.
Q: What is the total supply of MAGE token? While swapping the MAGE token are there any fees? Will there will be any burning?
A: 100M is the total supply. No, there’s no fee on transfer.
Burning, yes: during mint of relics and monthly burn
Q: About security, are the NFT MetaBrands safe in terms of security in terms of bugs, hacks etc.. What weaknesses are there in your NFT security and how does your team solve them?
A: Before allowing the mint of the Relics, MetaBrands will conduct audits to make sure the smart contracts are safe.
Q: The crypto industry is a fast-paced industry, how flexible is your Project to change quickly and keep pace with technology trends? What is your long-term vision for the forecasting industry in which your Project project operates?
A: This is a good one. MetaBrands has 12 DAO advisors which combined is 30 years of experience. That makes MetaBrands strong for quick adaption on new trends regarding the metaverse and play2earn models, besides the strong partnerships. I think that’s all.
omg-DHC CM: That was an awesome AMA session. @Wilson | inPlanB very well done in answering all those questions. And on behalf of the DHC community we thank you for your time. We will keep and eye on the MetaBrands project. Best of wishes going forward.
Also thank you @everyone for you presence and your participation in the AMA. Transcript will be available on DHC Medium Publications. https://medium.com/deltahubc
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