AMA with $ZUT

dutchcrypto5
GemFever
Published in
6 min readFeb 11, 2021

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!

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