AMA with $ZUT
Indocrypto5
Hello and welcome to our AMA with Zero Utility $ZUT. This is how the AMA will be done, first we will start with questions the admins prepared and than we will have time for community questions. The best question will be rewarded with a physical ZUT token, how cool is that!
Indocrypto5
I will mute the chat now!
Indocrypto5
First question: How did the idea of Zero Utility come about/born?
Jared ℤ𝕌𝕋
Hey there! ZUT was born in September 14th 2020, as a response to the various scams and rug pulls that were occuring during that time. We gathered as a community to create a hyper deflationary experiment that has turned into an NFT Powerhouse
Indocrypto5
That’s awesome!
dutchcrypto5
nicee
dutchcrypto5
Why did you wanna create coins as a way to store Crypto assets?
the psychical coins i mean
Jared ℤ𝕌𝕋
The name Zero Utility reflects on the Epoch it was born in. Many coins and projects have been coming to life, reaching mind blowing market caps with not ONE single product. One of the first ideas we had was to bring EXTREME value to ZUT make a point…
Indocrypto5
Nice! What problem did you solved?
Jared ℤ𝕌𝕋
[ Album ]
Jared ℤ𝕌𝕋
With the physical coins- we have made solid Platinum, Gold and Silver coins that also have the technology to store data! These coins can act as a Ledger, holding the keys to a dedicated wallet on the RFID chips installed.
dutchcrypto5
That is really cool!
Islam
Thats great 👍
Jared ℤ𝕌𝕋
So not only will the coin store 1ZUT. But it will maintain it’s precious metal value, as well as it’s collector value
Indocrypto5
AWESOME! I really love this project
Jared ℤ𝕌𝕋
3 values in one collectible
Indocrypto5
Okay, I have another question
Indocrypto5
Could you tell something more about the roadmap? What will be the next step and why do you think it will be successful for the project?
Will there be any new features released soon?
Jared ℤ𝕌𝕋
Firstly: Our roadmap is non linear. We are involved in several projects that are generating revenue for ZUT. The physical coins will go up for auction this Quarter, and will buy back ZUT! These coins start at $3500 each!
Now we have our MULTISEND, which is being integrated on to the matic Network!
We are building a new Minter for dynamic NFTs…
And lastly, I am leading a very large collaboration with ZUT. Maybe I can announce a little alpha here?
Indocrypto5
Sure! We love to know!
dutchcrypto5
yess people will be rewarded for joining this AMA!
Islam
Question: Can you please tell something more about the multisend? How it will be hepful
Jared ℤ𝕌𝕋
Multisend. ZUT created a one of a kind bulk sender for NFTs. Before, it was impossible to send multiple ERC 1155 or ERC721 to multiple addresses. We made this possible, while adding ERC20 as well. Each user is charged in ZUT, which is then stored in the Multisig wallet.
Bulk senders for just erc 20 can generate millions of dollars a year!!
Ours will be THE FIRST cross chain compatible to ethereum.
Thanks so MATIC NETWORK
Islam
Thats awesome man 👍
Indocrypto5
Wow that is insane, it will happen, trust me ;)
dutchcrypto5
Project for the future! This will become really big!
Indocrypto5
In what ways do you feel ZUT is able to compete with other game oriented cryptos?
Jared ℤ𝕌𝕋
We want to not only compete, but integrate with the best games as well. We are cooking up partnerships with many Games in the space, most currently TokenFighter.io — an NFT award winning project. They also partner with YFI.
We are also in talks with a few other big names for gaming…
Indocrypto5
Nice, yesterday we had an AMA with $BDT Block Duelers, also an upcoming duel game in the crypto scene. Is that something for you?
Jared ℤ𝕌𝕋
We are talking with BDT potentially yes! They use our Multisend ;) Decentraland is on my radar as well… Which is the largest NFT marketplace AND game which is running only on Matic.
Islam
Love to hear from you
Jared ℤ𝕌𝕋
Well…
Indocrypto5
WOW!
Jared ℤ𝕌𝕋
🤭😉
dutchcrypto5
Next question. Can you tell a bit about token distribution?
Jared ℤ𝕌𝕋
1000 tokens Ever, non will be minted. 32 are Burned forever! The speculation is there for degens and traders with just that alone.
dutchcrypto5
That is really cool!
Jared ℤ𝕌𝕋
Many of our projects drive people to want to own at least 1 ZUT. Soon, you will only be able to purchase in decimals… There are only about 110 left!
dutchcrypto5
oh wow
Indocrypto5
Nice!
Indocrypto5
So last question and than we have time for community questions.
Indocrypto5
How is the marketing strategy, how are gaining traffic towards Zero Utility?
Jared ℤ𝕌𝕋
This is the perfect question 😈
Because I can answer two questions at once
The project I’m working on is multi faceted and has many layers. Because of the connections I’ve made in the space, I have been able to reach out to large groups of people on Telegram, as well as real life! With all that I have learned and accomplished with ZUT, I have been trusted with a major project…
https://evimerointeractive.com/
I will be launching the native coin for a large marketing agency, Evimero
dutchcrypto5
WOW just WOW, that is amazing!
Indocrypto5
Wow just wow! Amazing work, love to see how this is getting bigger and bigger
Jared ℤ𝕌𝕋
With the clients under Evimero, like Macy’s, ChicfilA, and more
Islam
This will be gonna huge
Indocrypto5
Keep going the good work
Jared ℤ𝕌𝕋
ZUT holders will be in for a treat on this launch ;)
Details will come more in the coming days and weeks.
Islam
Thats awesome
Indocrypto5
@AllanJar Thank you for answering all our questions, no we have time for community questions. The best question will be rewarded
Are you guys ready?
Jared ℤ𝕌𝕋
🤘
Indocrypto5
I will unmute the chat
That chat has been muted!
Last Rose
Do you plan to be marketplace for also other NFT initiatives one day?
Jared ℤ𝕌𝕋
This has been talked about, yes..
Indocrypto5
Thank you guys for all the questions! This is insane!
Jared ℤ𝕌𝕋
🥳🥳🥳
Islam
We have some very useful questions
Bùi Hương Quỳnh
- Recently “The Hammer of ZUT” was sold for a quite good price. My question is, can any artist create their own ZFTs? Or will it be only developed by the ZUT team?
Jared ℤ𝕌𝕋
ZUT team and commissioned artists only!
Capt_Star1
Token burn is a common issue and it is benefit for any project, in being able to control the number of token circulation and to provide greater incentives to investors. Does your project have a plan about token burn??
Jared ℤ𝕌𝕋
A small portion of tokens are burned on every TXN into the liquidity pool!
Night Crys
I would like to have a long term investment with your project but at the moment I have doubts, how can you convince and convince me that this project is very promising?
Jared ℤ𝕌𝕋
Look into Evimero Interactive, Sir.
Monica Fox
What sort of a mechanism on your ecosystem do you have behind $ZUT to determine/increase its intrinsic value? How do you plan to increase the demand and the adoption of the token?
Jared ℤ𝕌𝕋
What is amazing is that we took a token that does NOTHING and built several working products and ecosystems around it with community development.
Capt_Star1
Do you have an Ambassadors program we can enroll for and how do we apply?
Jared ℤ𝕌𝕋
Soon…
gaet …
Hello,
1-You have a union on Telegram for holders, it’s ingenious to bring the real holders together, will you bring something new to this union in the future? 2-your partnership with Caine is a great idea, do you intend to develop other products, jewelry?
Jared ℤ𝕌𝕋
Yes! We are hosting na blockchain wedding!!
Yanni
Who is the competitor of ZUT for the existing use case multisend ERC20 and NFTs? What are the strengths does ZUT have to compete with them?
Jared ℤ𝕌𝕋
Yanni for Best Q!
👽 Mars Crypto Community 🌔
Security is really important and valued by users. Would you mention ZeroUtility security measures? What is special for your security? Are you audited
Jared ℤ𝕌𝕋
Our Multisend has been scanned and audited by dev teams, not by popular commercial auditors. ZUT contract code is very small, doesn’t need audit
❄️ Decentralized Kitties ❄️
Hi @AllanJar
I saw that your Rival of Multisend is Bulksender also have the NFT transfer options too so can you tell me why we Need to use $ZUT Multisend? And the contract of Multisend Wallet must be safe to transfer so can you tell us have the contract be audited yet?
Jared ℤ𝕌𝕋
Good question! Ours is 10 times cheaper and can do NFTs! Remember, this is an important feature. Not just standard erc20.
Matic Network actually paid us to build this tool and to make it cross chain compatible.
Ok that’s good for questions! Unless you have more specific ones you would like to ask!