We are happy to announce that we have successfully held an AMA session in the Rainbow6ix Telegram group, and had David Lau, the Stickers Art Commentator, as AMA guest. We appreciate all participants for the support. Here is a recap of this AMA.
About Stickers
Stickers is an NFT platform powered by the Gene Finance ecosystem and a cross-chain Defi project. As NFTs become an increasingly important tool in the Blockchain industry, Stickers will become an important part of the Gene Finance ecosystem.
Ray: Welcome to our Stickers AMA today! Today we’re honored to have David Lau with us! Say hi to everyone David! Please briefly introduce yourself to everyone!
David: Good afternoon, community members of Rainbow 6ix! My name is David Lau and I am the commentator of Stickers. Thank you for your invitation and I appreciate all community members for joining us today.
Ray: Let’s go straight to our questions! Stickers seems like an amazing project, would you please provide a general introduction of the Stickers team and the partnership between GeneFinance and Metaverse?
David: The team is spread across Europe and Asia, and the R&D department teams are located in Shanghai, Shenzhen, Vietnam, and Canada. At the same time, it is an important part of the GeneFinance ecosystem. GeneFinance is a DeFi cross-chain ecosystem built on the Metaverse Ecological Foundation. Metaverse, on the other hand, is a public chain that serves the security of digital assets and digital identities. The public chain contains applications such as cross-chain ecology and DeFi projects. Stickers are the first NFT ecology layout in Gene Finance, and more new NFT projects will be added to the ecology in the near future.
The main goal of creating this platform, or even this ecology, is to facilitate the users so that they can actively participate in the NFT browsing, collection, and auction via the Stickers platform. As the audience is getting larger for the NFT auctions specifically for artworks, it would be more helpful for both buyers and sellers via Stickers. There are many other features of the Stickers platform such as Acceleration Cards that holds six categories from Normal (N) to Ultra Rare (UR), which is for the people who are enthusiasts of card collections such as Pokémon Cards which can be sold for thousands of dollars.
That would be all for the background information about the Stickers team and the cooperation with GeneFinance and Metaverse.
Ray: Can you generally introduce some unique features of the Stickers platform?
David: Stickers aims to use new technology to develop the ecology of art so that users and artists can better connect and interact through NFT technology.
Stickers introduces a combination of NFT card and DeFi gameplay mechanism and pledge to distribute NFT artwork. NFT artworks on Stickers have a collection value as blockchain products.
Some artwork (or cards, in this case) has a special DeFi farming acceleration function. Through this special acquisition method of NFT, our users can better participate, so that the art industry ecology has a new paradigm.
Ray: Can you introduce the token economics of Stickers Token? How many SKS will be released and how are you going to distribute them?
David: The Stickers platform will issue a total of 240,000 Stickers tokens (SKS):
·90,000 SKS will be distributed to partners and co-artists
·60,000 SKS will be distributed to project operations
·10,000 SKS will be linearly released to the project team within 3 months
·80,000 SKS will be sold in the private placement stage
We can see that in the distribution process of SKS tokens, it is more reasonable for each participant in the ecology, and the portion of the ecological participant is relatively balanced. First of all, the linear release of the project team is relatively low, which means that when the project is first launched, the selling pressure from the team is not high, and the tokens of private equity and partners are generally long-term value investments.
From this perspective, this distribution method is conducive to the stability of the currency price when it is just launched, thereby protecting the interests of investors who enter the market. Under this general background, the subsequent project ecology can be conducted on a relatively stable premise. It lets artists tokenize their works in a new way, reduce middlemen who earn high commission, and establish direct contact with supporters and fans.
Ray: Can you share details about your staking pool? What trading pair is required to participate in staking? What rewards will users receive from staking?
David: We can say Stickers distributes NFT artworks through staking: In order to increase the long-term stability of the project and to focus more on the core value of the community, Stickers adds a concept of “Hodl Days”. The only way to obtain NFT cards is through Tinder. The faster you produce Tinder, the faster you can obtain NFT cards. To earn Tinder, participants need to stake SKS tokens and SKS-ETP in a designated liquidity pool. The number of tokens staked in the pool and the staking time corresponds to a certain proportion of Tinder outputs. The more staked, the more output; the longer the staking, the more output.
In addition to the traditional market of artists and art collectors, in the newly constructed art space of Stickers, users can enjoy the unique DeFi rewards, accelerator cards, and advanced tokenomic models that rely on the Stickers token (SKS), and the multi-directional value flow (from issuers to players) and so on.
Ray: What is the future plan for Stickers? Can you share your roadmap with us?
David: Here is our roadmap. Currently, it is updated until Q1, 2022. The most recent big plan for us would be launching Stickers on BSC in June 2021
Ray: Where can we exchange Stickers cards?
David: The first NFT ‘Iron Mars Doge’ is sold this week on opennft.io at a price of 15,000 USDT and the buyer got a digital file as his/her/their assets that he/she/they bought.
This artwork comes from a Stickers artist Wendi, the founder of the ZUI design art studio. In 2013, he obtained the design professional certificate of the Russian Repin Academy of Fine Arts, the Central Academy of Fine Arts of Tsinghua Academy of Fine Arts, and the Beijing Institute of Fashion Technology.
The advent of ‘Iron Mars Doge’ ignited the entire NFT market and aroused strong attention from many Dogecoin communities, as ‘Iron Mars Doge’ has the theme that is clearly related to the ‘Iron Man’ Elon Musk, his Mars project, and Dogecoin that he strongly endorses.
Ray: That’s everything from me today!! But before we unmute everyone, I want to share a good question from Twitter: The liquidity problem of NFT is of great concern to everyone. What is your plan for the liquidity of the Sticker NFT?
David: This is a question of very high quality, and it is actually one of the most important innovations of the Stickers platform.
First of all, the way to obtain NFT artwork by staking to obtain Tinder gives users more options to choose from, so that they can choose to trade their favorite NFT, and then gradually realize different artworks in the market.
Different from the traditional way of art creation and auction, the Stickers model is a brand-new way of art issuance and circulation. From the beginning, users can obtain the artworks through staking + time. The artworks can be traded without dealers, then the artwork gradually exhibits its value through complete market circulation.
Secondly, the Metaverse Ecological Foundation has incubated its own NFT circulation platform, OpenNFT, which has already launched on Heco, and will launch on Metaverse at the end of the month. At that time, users can freely use the OpenNFT platform to conduct NFT circulation and auctions.
Ray: Thank you for your answers! Now we are unmuting everyone, feel free to ask David anything!
Question 1: Thanks for sharing stickers, stickers having any airdrops coming up?
David: As I previously mentioned, Stickers will be supported on BSC in June. Therefore, there will be an airdrop for users in specific communities to their BSC wallet. At the same time, Stickers is planning to launch a community bounty program in June as well. So stay tuned for both events.
Question 2: Hi, Can you elaborate on what it means to have your first NFT sold at such a high price at 15,000USD?
David: For sure, this not only reflects the market’s high enthusiasm for ‘Iron Mars Doge’ NFT artwork but also shows that the community shares the consensus of rarity and preciousness of ‘Iron Mars Doge’.
Everyone is willing to spend money while enjoying the spiritual satisfaction brought by artworks. By participating in the trade of NFTs, users can explore the most exciting value consensus in NFTs.
We can say that the real value of NFT artworks is derived from the consensus of the community, The price of ‘Iron Mars Doge’ is the result of market behavior, and in the near future, with the entire NFT industry constantly evolving and developing, along with the support of more main chains, the value of Stickers’ NFT artworks will only be higher.
Question 3: The project looks great, I can’t find the gateway to participate, what’s the recommended platform to join stickers staking?
David: I would recommend GeneFinance. GeneFinance is a DeFi cross-chain ecosystem built on the Metaverse Ecological Foundation. Metaverse, on the other hand, is a public chain that serves the security of digital assets and digital identities. The public chain contains applications such as cross-chain ecology and DeFi projects. Stickers are the first NFT ecology layout in Gene Finance, and more new NFT projects will be added to the ecology in the near future.
Ray: Thank you David for answering! The ones who were chosen by our guest, please contact me for your address details!
That will be all for today’s Stickers AMA session, thank you again David, and thanks to all who participated!
Follow Us
Stickers official Website: https://stickers.art/
Stickers Twitter: https://twitter.com/Stickersfi
Stickers Telegram: https://t.me/Stickers_Official_group…
Metaverse ETP wallet set up tutorial: https://docs.gene.finance/gene-finance-metaverse-etp/metaversevm-wallet-tutorial#tutorial…
