AMA RECAP — POLKAPLAY AND WOLFONAIRE

On 19th May, Sugnesh Patel (CEO) and Dzianis Kaplun (CMO) from the PolkaPlay Team joined the Wolfonaire telegram community to share valuable insights on the PolkaPlay project.

SUMMARY

Wolfonaire Community was recently joined by PolkaPlay guests to talk about all things NFTs and DeFi. The AMA consisted of two segments — introduction to the guests followed by them answering twitter and live telegram questions.

Get a quick recap on what transpired here:

INTRODUCTION

Admin: First of all very warmly welcome here in Wolfonaire Family Chatbox.Thanks #Polkaplay Team for taking some time from your busy schedule to help our community to learn more about one of the amazing platform: https://polkaplay.io

Please give us a short introduction to your team and your project.

Sugnesh: Polkaplay is a unique platform where users can create images, short videos, and NFTs seamlessly while earning rewards. An NFT marketplace for creators and users that offers advanced features like, Rewards Hub, Staking, and more to the users for an amazing user experience.

Our core team is me and I’m a New York City-Based professional who has served as Scrum Master in various organizations like Tata Consultancy Services, AIG, and Citi. I share a deep interest in the blockchain and NFT space, and with PolkaPlay, he aims to help users tokenize their talents.

We have Dzianis who has real-world knowledge and expertise in business management and marketing and is qualified from Odisee. He loves developing and bringing brand stories to its TA to maximize the market potential through effective marketing campaigns. And Sohrab who’s also the Founder at Wisemonkeys, Co-founder and CTO at iDigitize Infotech LLP, a Visiting Professor, & the Product/Dev lead at PolkaPlay. Sohrab is also a “professor by profession & a traveler by passion” and has taught technical subjects to 10,000+ students, published 8 books and 4 research papers in International Scientific Journals.

Admin: For our members who are not already familiar with the project, can you give us a very high-level overview of what Polkaplay is and what competitive edge it brings to the Crypto Universe?

Dzianis: Other NFT focused projects are mainly focusing on artist collabs and collection drops, or they are simply just marketplaces at the moment.

Polkaplay offers both additional social media aspects where users can just choose to share content and explore the platform or they can actually use the platform to mint their content as NFTs.

While all the other platforms charge some gas fees for minting NFTs we plan to offer gasless minting on our platform with the help of our ecosystem partners Polkafoundry and Polkadot blockchain.

Wolfonaire: How do holders of the $POLO Tokens benefit in the ecosystem? What power within your model do individuals hold? Why is it so attractive and what are the basic requirements to participate?

Sugnesh: Great question! Lots of benefits to be a $POLO holder. Holding $POLO tokens will let users mint more than one NFT in 24 hours on our platform, they could stake $POLO to participate in exclusive NFT drops from their fav creators and initial NFT offerings.

Polkaplay offers both additional social media aspects where users can just choose to share content and explore the platform or they can actually use the platform to mint their content as NFTs to effectively monetize.

Anyone can create an account and start sharing their content, we will enable google to sign in first then allow more ways to sign up. Other than that just create your profile and post the content and share or convert it to NFTs. It’s easy to use.

Admin: Have you met all your goals in the roadmap till now? And were there any difficulties that you didn’t expect and were not prepared for?

Dzianis: So far we have been executing tasks to reach the IDO process as smoothly as possible. Additionally, we have a lot to work forwards and the team has already started working on the BETA launch which is on our roadmap for Q3.

We are also working on integrating with other marketplaces like Opensea and preparing for our genesis collection drop which will be announced right after the token launch. We also have gamification and rewards scheduled for Q4 so users and creators can earn POLO tokens as rewards for their engagement.

The difficulties are not avoidable and they always come across, however, having a solid team is an important factor to be able to resolve any spontaneous situations accordingly and not fall behind the schedule. We think that we are currently on the right track to meet our objectives.

Admin: Can you please give us a short tutorial on how even a non-tech guy can easily use and enjoy your platform?

Sugnesh: Sure, PolkaPlay’s UI design is set up to make the user interaction process much easier and seamless from other social media platforms.

We also make it easier for people to convert their digital social content into NFTs without any third-party platforms, however, if users want they can always share their NFTs on other marketplaces as we integrate with them.

It’s super simple to use our platform though

- Take a pic/video or upload your content on the Polkaplay platform and

- Hold 100 POLO tokens in your wallet to mint more than 1 NFT in 24 hours.

- Click on sell and list it on our marketplace

COMMUNITY ROUND

@CristinHitt: Explain the Utility of the $POLO Token and why we should be incentivized to buy/hodl?

Sugnesh: $POLO is utilized on the Polkaplay platform to trade NFTs, participate in creator drops, earn rewards and participate in initial NFT offerings when they go live.

@mamun11: Marketing is a central element for every project so that everyone knows the potential that a project can bring is vital to achieving the goals set. What is your strategy to attract new users and investors to your platform and keep them long-term?

Dzianis: Part of our marketing campaign involves reaching out to reputable influencers who have built a dedicated social following base and are viewed as experts within the crypto niche to spread awareness about PolkaPlay as a unique social media/NFT platform.

@kengaru12: Do you have a token burning plan to increase token value and attract investors to invest?

Sugnesh: We are considering this and will have more details on it once the token is live.

@dimimartt: How important is the community to you? How can we collaborate or help you with the development of the project?

Sugnesh: Building a good community around Polkaplay is very important for us as it drives the most value to any project. Also, since we are a platform with social features we will incentivize our community in many different ways for active engagement on our platform. You can always reach out to us with your resume or details about your skillset and we will evaluate from there.

@cryptojanu1: What makes you feel confident about the survival & sustainable success of your project in the near future? While you build your project, do you take into account community feedback and demands?

Dzianis: Our project is based on the growing global demand for digital content and the monetization process of it. We believe these trends are only going to increase as we move forward as with increasing population growth especially within young adults, more people are consuming media content. We value user feedback as those people will be the ones who will use PolkaPlay, hence we are trying our best to accumulate common interest between all users and integrate the most important features.

@CryptoMM1: How to buy this token?

Dzianis: We are currently in the process of finalizing the IDO date. Further news & updates will be announced on @Polkaplay.

About PolkaPlay:

Polkaplay is a unique platform where users can create images, short videos, and NFTs seamlessly while earning rewards. It is an NFT Marketplace with social features that enables users to create content, NFTs, and earn rewards with POLO tokens. Users can buy and collect content they like or mint content as an NFT and sell on PolkaPlay.

Twitter: https://twitter.com/polkaplay

Telegram Announcements: https://t.me/Polkaplayio

Community Group: https://t.me/Polkaplay

Medium: https://polkaplay.medium.com/