SatoshiCity — Telegram AMA — March 14
On Monday, March 14, we had the pleasure to welcome to our Telegram chat:
We asked him questions about the development of SatoshiCity.
Some sentences have been slightly edited for readability but the meaning has been conserved.
Q — Ayeley from GAINS: Please tell us about yourself and your crypto journey so far.
A — Rahul from SatoshiCity: Sure, would love to! Hello, I am Rahul Sharma. Marketing Lead at SatoshiCity. My main responsibilities include managing the team and representing SatoshiCity’s community to other communities. I also work with other teams such as product management or customer support to ensure new offerings get community and align the expectations with deliverables.
I was a Web2 Marketing manager, where I used to work solely for bringing in new leads and brand awareness. Then I started working on the Web3 project and took hold of the industry. Then Aditi, CEO of SatoshiCity hired me to be the Marketing Lead. And here I am!
Q — Ayeley from GAINS: Cool. And how long have you been working on SatoshiCity?
A — Rahul from SatoshiCity: For almost a year now. Lovely experience so far!
Q — Ayeley from GAINS: What is the SatoshiCity project about in a few simple sentences?
A — Rahul from SatoshiCity: The SatoshiCity.world platform is a virtual world where users can buy, sell, rent, collect, and curate pieces of virtual land in the form of non-fungible tokens. The platform will collect fees for all those actions.
Users will be able to upgrade their land on multiple levels by staking CITY tokens. The platform will offer grants to independent 3D artists (collaborators/builders) for building amenities on the platform-owned land.
Q — Telegram user Shiva: After acquiring the land, can we rent our land to someone else and get profit from it?
A — Rahul from SatoshiCity: Yes, we can do that. Even our partners like NiftyPays and ArcadeNetwork will bring more such use cases and utilities.
They will give more power and functionalities to your NFT lands.
Q — Telegram user Krish🎖️: Metaverse & NFT market could become a Trillion-Dollar Industry. What role will Satoshi City have in this market?
A — Rahul from SatoshiCity: SatoshiCity will be the home of that trillion-dollar industry. With SatoshiCity, you can play games, Win rewards in the ecosystem, make empires, build cities, etc.
Q — Ayeley from GAINS: What role will the token play in the SatoshiCity ecosystem?
A — Rahul from SatoshiCity: Sure, $CITY is the native token for SatoshiCity. CITY is the core utility token of the SatoshiCity.world platform. The token will be structured as a fixed supply token. The core functions of the token are:
1️⃣ Purchase of goods and services on the platform
2️⃣ Staking for additional discounts
3️⃣ Rewards distribution for liquidity providers, Governance, and platform participants
Q — Twitter user @adhityas0o: Partnerships are one of the important factors for every project. Could you name some of your partners? What are the benefits that you get from them? And is there any partnership that will be established in the near future?
A — Rahul from SatoshiCity: We have an amazing team of partners so far, Where partners and investors are bringing power to the platform. Our metaverses partners are bringing use cases and utilities to the ecosystem.
Like ArcadeNetwork bringing Interoperability to SatoshiCity Lands, these lands can be staked and used to earn partial income.
Q — Ayeley from GAINS: Did you raise funds so far? If so, how did you handle them? And are you planning to do any future raises?
A — Rahul from SatoshiCity: Yes, we have raised funds from some big investors soo far. We are about to do IDO soon to raise more. Our TGE is on 23rd of March. Yes, if an investor is interested, we would love to do so!
Q — Ayeley from GAINS: That’s close. Any CEXes Lined up for the token?
A — Rahul from SatoshiCity: Yes, we are lined up. But wait for announcements. We will soon be making some here.
Q — Telegram user Karoceh: You mentioned Satoshi City Pre whitelisting of Land Sale? How can I join the whitelisting?
A — Rahul from SatoshiCity: Yes, it is LIVE Now! Participate here
Q — Ayeley from GAINS: And what sets the SatoshiCity project apart from other metaverse projects?
A — Rahul from SatoshiCity: Everywhere and on every platform, you get rewarded for buying or purchasing stuff whereas in SatoshiCity you get rewarded for:
1. Contribution, building on public virtual land
2. Users participating in system governance
3. Liquidity providers on Pancake for the CITY/BNB pair
This mainly sets us apart!
Q — Ayeley from GAINS: The IDO is soon, with listing on the 23rd, just a little over a week away.
How far along are you with your roadmap and what should we expect in the coming weeks and months?
A — Rahul from SatoshiCity: yes, we have just announced the Pre whitelisting of our Land sale. Post that we will be dropping the NFTs.
Once we are done with that, we shall announce the gameplay connected with the SatoshiCity ecosystem.
Q — Twitter user @juliawong48: SatoshiCity is NFT blockchain gaming. But in terms of community, there is still a large audience in the gaming world that has yet to meet the crypto and blockchain industry. What are your plans to reach these people and make your voice heard by all gamers?
A — Rahul from SatoshiCity: Yes, many of our partners will be Metaverse partners. With them, we are planning to be launching a campaign to educate the Gaming industry about Crypto and blockchain use cases and benefits.
With that said, we will be hiring Ambassadors and streamers for the task.
Rahul, thanks for coming into our community, and taking the time to answer our questions. Do you have any final words for us? Where can we follow you to stay updated? — Ayeley Commodore-Mensah from GAINS