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CoinMarketCap x Satoshi Club AMA Recap from the 5th of July

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from CoinMarketCap . The AMA took place on the 5th of July.

The AMA session was divided into 3 parts with a total crypto reward pool of $400 + 5 NFT

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram&WebSite

Mary | Satoshi Club

Hello Satoshi Club! We are happy to announce our AMA session with CoinMarketCap! Welcome to Satoshi Club

Mary | Satoshi Club

@shilika3 is our guest today

Shilika Jain (Admin will never PM you first)

Hi everyone,

Nice to meet you all.

Glad to be here

Mary | Satoshi Club

It’s a pleasure to e-meet you here!

Mary | Satoshi Club

How are you today?

Shilika Jain (Admin will never PM you first)

I’m doing good

Luis Merino

| Satoshi Club

Hello Shilika! Nice to e-meet you

Shilika Jain (Admin will never PM you first)

Nice to meet you too

Luis Merino

| Satoshi Club

Those are great news

Luis Merino

| Satoshi Club

To start up with the AMA, please briefly present yourself and the project you represent. How did you get into crypto and how did you get to work for CMC?

Shilika Jain (Admin will never PM you first)

Yes for sure

Shilika Jain (Admin will never PM you first)

I entered into the crypto space in early 2019, started with freelancing & ghost writing for various projects & news media publications. A friend of mine introduced me to crypto as he was building a DeFi aggregator wallet. After that I collaborated with various marketing companies like Bloom360, Momentum, Rebellion and others on various fronts including project management, strategy & PR. By this time, I was more involved on the strategy side than just pure content writing.

While I was doing so, I got in touch with the then VP of Coinmarketcap and explored possibilities of working with Coinmarketcap. We stumbled upon each other on LinkedIn. Currently I’m working on the Partnerships/BD side — KOL facing for CMC’s Project CMC-Community.

Mary | Satoshi Club

What do you consider to be your greatest personal achievement during your time with CMC?

Shilika Jain (Admin will never PM you first)

My personal achievement has been working and putting together the CMC conference. We had around more than 100+ speakers and the conference was held on a Metaverse platform called Gathertown.

Luis Merino

| Satoshi Club

Impressive

Shilika Jain (Admin will never PM you first)

We plan to soon have an IRL conference

Mary | Satoshi Club

Wow! I can only imagine how hard was this task!

Mary | Satoshi Club

Hope we will be able to visit it

Shilika Jain (Admin will never PM you first)

Would love to have you guys

Mary | Satoshi Club

Today we will discuss CMC and about CMC-Community specifically. Please tell us more about CMC-Community. Why did CMC decide to create an integrated social media?

Luis Merino

| Satoshi Club

You were faster

Shilika Jain (Admin will never PM you first)

Yes ofcourse. Would love to talk about our new initiative.

Shilika Jain (Admin will never PM you first)

CoinMarketCap is a leading data aggregator application allowing users to track prices of their crypto assets seamlessly. Under the CoinMarketCap banner we also support the projects to grow their community by reaching an audience of 272.3M+ monthly visitors (May 2021 SimilarWeb data) through various campaigns.

In order to further our mission of crypto adoption, CoinMarketCap is introducing CMC-Community. It will be the focal communication point of the metaverse that we are building by providing immersive experiences online, growing communities and scaling businesses, thus bringing the next crypto evolution to reality.

Mary | Satoshi Club

Amazing numbers!

Luis Merino

| Satoshi Club

Oh my god

Shilika Jain (Admin will never PM you first)

Yes we are growing very actively.

Luis Merino

| Satoshi Club

That is a very huge number

Shilika Jain (Admin will never PM you first)

Our overall traffic is 3.5 billion.

Luis Merino

| Satoshi Club

Of course, and if you don’t stop expanding your services, it will continue growing

Mary | Satoshi Club

Crypto community is growing with your help

Luis Merino

| Satoshi Club

Indeed

Shilika Jain (Admin will never PM you first)

Since we saw that users are across various platforms to get the right crypto content, we wanted to build a platform specifically for crypto audience. Users are bleeding across various platforms like Twitter, TG, YT and Reddit. We wanted to create a single platform where users can discuss everything crypto

Mary | Satoshi Club

Never stop in development, it’s about CoinMarketCap

Luis Merino

| Satoshi Club

We have more questions about CMC Community

Mary | Satoshi Club

True, it’s often annoying!

Luis Merino

| Satoshi Club

Why did you decide to call it CMC-Community? Who are your main competitors?

Shilika Jain (Admin will never PM you first)

Yes please.

CMC-Community pulls together the largest community of crypto users directly on CMC. It is the one-stop-shop for crypto projects to engage with their users. Crypto projects can post their updates on CMC-Community just like what they do on Twitter, they can also post long form articles — project announcements or token economics like what they do on medium

They can also initiate governance proposals on CMC-Community, users can also have real-time discussions on our discussion board just like what they do on Telegram or Discord

Luis Merino

| Satoshi Club

All in one

Shilika Jain (Admin will never PM you first)

Our main competitors are social platforms like Twitter & Medium. These social platforms are currently used for engagement between projects and users. Twitter/Medium are great products. They are not optimized for Crypto. Crypto-Content often gets lost in the noise and often-times, crypto-accounts are unjustly banned.

Luis Merino

| Satoshi Club

Totally agree. We need to change our old social media to innovative one

Shilika Jain (Admin will never PM you first)

Yes

Mary | Satoshi Club

We won’t feel lost using CMC-Community!

Mary | Satoshi Club

And it’s time economy

Luis Merino

| Satoshi Club

Never

Luis Merino

| Satoshi Club

Which are the most followed accounts, etc Please tell us which are the growing

trends of the platform.

Is there any huge influencer that has joined your platform already?

Shilika Jain (Admin will never PM you first)

Some of the most followed project accounts are:

TopGoal, SecondLive, TopManager TopGoal, Caduceus, MonesNFTs, Equilibrium Genshiro, MagicCraft, BNBChain

Thetan Arena

Mary | Satoshi Club

Familiar names

Luis Merino

| Satoshi Club

Huge ones, but I guess, our platform also helps them to grow even more

It’s like a win-win

Shilika Jain (Admin will never PM you first)

We are working with some leading influencers to actively contribute to the platform. We will also be rolling out the details about the Verified Badge Guidelines for KOLs shortly.

It would be great to have Satoshi Club & Serg to actively contribute onto the platforms.

KOL Creator Program & CMC Club NFTs are in the pipeline for KOLs.

Mary | Satoshi Club

We are always here to help you as you help all crypto community during many years

Shilika Jain (Admin will never PM you first)

You guys are doing great work

Luis Merino

| Satoshi Club

We will, of course

When talking about influencers and huge followers accounts… We’ve seen there is a verified badge on CMC-Community. Can you explain what is the process of getting it?

Shilika Jain (Admin will never PM you first)

Yes, we are keen on verifying Individual, KOL & Project accounts. We would be rolling out the verified guidelines shortly. Moreover, the application for the verified badge will require some criterias to be fulfilled. We will be rolling out the details short

Building your minimum following on CMC-Community will be a must:)

Mary | Satoshi Club

We will start immediately

Luis Merino

| Satoshi Club

Looking forward to know that criterias soon

Do you plan to get revenue from CMC-Community in the future? like buying premium accounts for example, or buying Ads on the platform?

Shilika Jain (Admin will never PM you first)

For almost all social platforms, Ads serve as a monetization model. At CMC-Community, our aim is to adhere to strict guidelines & maintain neutrality to create a balance. We are more inclined towards creating a better user experience than just monetizing the platform. We as CMC care about our user experience the most.

Mary | Satoshi Club

By the way, I want to thank you personally for the easy interface! I needed to do some activities on my CMC account but had to leave. I entrusted it to my 10-year-old son and he managed it with ease

Shilika Jain (Admin will never PM you first)

Wow. That’s great. Love to hear any feedbacks you have for us.

We’re improving the best to provide a seamless experience to our users.

Mary | Satoshi Club

Nowadays, we have a lot of social media platforms: Twitter, Discord, Telegram, tiktok, Insta, Facebook, etc etc. Why do you think we need another one and what is special about CMC-Community compared to the others? What new things do you bring to the table?

Shilika Jain (Admin will never PM you first)

That’s definitely a great question.

Luis Merino

| Satoshi Club

Your son is a wise one

Shilika Jain (Admin will never PM you first)

Coinmarketcap is the most trusted data provider in the crypto space. With CMC-Community our aim is to build the most effective and efficient platform for everyone to discuss crypto. It aims to be the social platform built by the crypto people, for the crypto people to converse about everything crypto. The other social platforms don’t have any targeted niche but CMC-Community will have crypto as its targeted niche.

The main issue that we see with the creation of CMC-Community is how hard it is for projects to get information out to all of the users and potential users. They have to use many different apps, sites, etc. instead of just having one location where the users already are.

Upon that there is the insanity of having to have more than 4 separate accounts to just follow one project. Twitter, Discord, Medium, Telegram, etc. CMC aggregates all information into a one-stop shop.

Luis Merino

| Satoshi Club

That makes life easier for everyone. Both projects and fans

Shilika Jain (Admin will never PM you first)

Yes exactly. That’s the purpose

Mary | Satoshi Club

And very important part that we can be sure that this info will be trustful because we saw a lot of twitter or discord accs hacks

Luis Merino

| Satoshi Club

Hacks happen daily

Mary | Satoshi Club

And a lot of users were hurted by this

There is a need for decentralized media and many projects are trying to occupy this niche. Are you positioning yourself on this side and planning to take the lead in this one, or is CMC-Community exclusively one of CMC’s tools, its special feature?

Shilika Jain (Admin will never PM you first)

There are definite benefits to both centralized & decentralized media. CMC is reviewing both options to determine the best course for the CMC-Community to provide neutral information.

Mary | Satoshi Club

Can we attribute CMC-Community to Web3 Social media? How censored is your social network and how do you find the line between permissiveness and freedom?

Shilika Jain (Admin will never PM you first)

CMC-Community is just getting started. We are building the foundation in Web3 with the Crypto-Twitter-esque Social-Graph. And we plan to implement more Web3 elements. In fact one of the first Web3 features we implemented are NFT-Profile-Pictures.

Mary | Satoshi Club

Do we need to connect wallets to use this feature?

Shilika Jain (Admin will never PM you first)

We’re currently focusing on protecting the users and follow basic content guidelines — no harmful, or offensive content

Luis Merino

| Satoshi Club

Can’t wait to use my NFTs as profile pics

Luis Merino

| Satoshi Club

First things first

Shilika Jain (Admin will never PM you first)

You can easily access this platform by signing up on Coinmarketcap’s site using your email address.

Mary | Satoshi Club

Wow, it’s so simple!

@shilika3 thank you for this awesome introduction part! I would like to continue it as long as i can, but i know that our community is waiting with their questions for the live part of our AMA

Luis Merino

| Satoshi Club

That’s easy and fast

Shilika Jain (Admin will never PM you first)

Quite seamless for users

Luis Merino

| Satoshi Club

SatoshiClubbers also want to take part on this

Mary | Satoshi Club

@shilika3 are you ready for the storm of questions?

Luis Merino

| Satoshi Club

Prepare your umbrella

Shilika Jain (Admin will never PM you first)

Yes I’m ready for the questions

Mary | Satoshi Club

Let’s go

Part 2 — live questions from the Telegram community

Q1 from Telegram user @KASG95

I noticed that you haven’t created a space on your platform just for NFT and Metaverse game-themed projects yet, so are you planning to create a window just for these projects? And so it will be easier for gamers to get the information?

Shilika Jain (Admin will never PM you first)

Yes we definitely plan to have it in the near future. The platform is reiterating and improving accordingly.

Q2 from Telegram user @KhaleesiKhalee

You mentioned on planning to have an IRL conference, soon. I’m curious of what does IRL stands for? Can you give us the meaning and its significance to coinmarketcap community?

Shilika Jain (Admin will never PM you first)

It means In real life conference

Q3 from Telegram user @Tobias_JSJX

Is CMC-Community already available or from when can users start using it and what things would you like to integrate into the community platform in the future? Will it be available for all countries?

Shilika Jain (Admin will never PM you first)

Yes CMC Community is open to users. Anyone can simply make an account and get started.

We aim to have more features in the future to gamify the platform — like leaderboards, spaces and much more.

Q4 from Telegram user Fortunate

I’ll love to ask the new social network CMC is building, What impact do you think it will have to the existing social medias and how can this big feet bring about more crypto adoption?

Shilika Jain (Admin will never PM you first)

CMC community will bring a focal point of communication for crypto projects and its users. It will be the largest platforms where crypto platforms can communicate with their users seamlessly. They will be able to share updates, do campaigns, connect their wallets and consume educational content all at once. It will definitively be a platform that will drive crypto adoption to the fullest.

Q5 from Telegram user @V1ct0r_26

I read that CoinMarketCap has something called “Diamonds Rewards”, could you provide us with more information about it? Is thid Rewards system part of CMC-community? Can people still participate in this Diamonds Rewards system? If so, how? What do they need to do and what exactly can they win in it?

Shilika Jain (Admin will never PM you first)

The diamonds can be won by performing daily tasks. It’s not necessary to have diamonds to post on CMC community. You can just get started by just creating quality content.

Part 3 — Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club/
Russian Telegram group: https://t.me/satoshi_club_ru/
Spanish Telegram group: https://t.me/satoshi_club_spanish/
Telegram Channel: https://t.me/satoshi_club_channel/
Twitter: https://twitter.com/realsatoshiclub/
Website: https://esatoshi.club/

Our partners:
WebSite — coinmarketcap.com

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Satoshi_storyteller

Storyteller for Telegram community @satoshi_club