AMA series CyberTime With Cryptowid Telegram Community
On February 04th, 2021 at 1pm UTC 7pm WIB Indonesia Time in the Cryptowid Telegram Group, AMA CyberTime started with Dmitriy Boshenyatov – CEO CyberTime . When campaign, 10 lucky AMA participants when best asking questions Twitter and AMA sessions will get a total prize of $50 USD The following is a summary of AMA questions and answers announced by the moderator and guest speaker.
Dmitriy Boshenyatov : I’m founder of CyberTime Finance. I have been in blockchain since 2013. I have experience as a marketer and product specialist. I worked for a large agency + launched my own startups + created mobile apps with an audience of 1 million users. Now, all my energy and time I give to CyberTime ❤️
SEGMENT 1 INTRODUCTION PROJECT
1. Could you briefly describe what is CyberTime Finance? And what are the features and products does CyberTime Finance have?
Dmitriy Boshenyatov : I will try to answer as succinctly as possible 😁
We are currently working on two products:
- NFT Fantasy League (like Rarible, only more fun and interactive)
- NFT Time Collection (exclusive NFT series with different authors + unique token exchange system for NFT)
To draw attention to the project and create a strong community, we are organizing Cyber Farming Week (instead of presale or IEO, it will be possible to get native NFTL & CTF tokens through farming)
We are building a DAO system. Therefore, voting using a CTF token on snapshot.page will work immediately, as well as a part of the profit will go to DAO Fund & Accelerator.
2. For what reasons did CyberTime decide that the distribution of your token will not be done through a pre-sale or ICO but through farming? What advantages does this give to your project and your users?
Dmitriy Boshenyatov : Farming is the trend of 2020 🔥
With the help of farming, you do not lose your savings. At any time, you can withdraw tokens from the pool + withdraw the received NFTL tokens. To ensure a high level of security, we are audited by a white hacker with a trust from Google, Microsoft, Apple.
You can immediately sell the received NFTL tokens on the Uniswap exchange, or add to the liquidity pool and receive governance token CTF (these are the main tokens of the entire ecosystem)
In addition, NFTL & CTF tokens on Uniswap will be added with a minimum price and valuation of $ 86,400. Therefore, there will be no overestimated estimates, special regulations, or manipulations. The market will form a fair price itself.
3. Could you provide some information about your Roadmap, and what are some achievements that CyberTime Finance achieved so far?
Dmitriy Boshenyatov :
- Launch CyberTime Farming on cybertime.farm
- Create NFTL & CTF liquidity pools on Uniswap
- Launch voting system for CTF holders at snapshot.page
- Create a unique NFT collection for farmers & stakers in Cyber Farming Week #1
- Community contests (MEME, Sticker pack, NFT)
- Launch of the light version of the NFT Fantasy League and testing on users among the community
- Implement a balanced Fantasy Challenge mechanic
- Launch of the NFT League Platform and the start of the first season of the league
- Recruitment of participants for the DAO Fund
- Start packing the NFT League into the Fantasy League Platform service
- NFT Fantasy League Season 1 Grand Final
4. Please tell us about $NFTL (NFT fantasy league) and $CFT (CyberTime Finance Token), What are their differences, their function, and how can we get it??
Dmitriy Boshenyatov : NFTL (NFT Fantasy League) token:
- Voting for your favorite NFT on contests
- Purchase an entrance ticket to participate in the Fantasy League and form your Fantasy Team
- Cashback for the purchase of the final work at the auctionCTF (CyberTime Finance) token gives:
- Participation in voting for the development of the project (8 CTF = vote, 864 CTF = create proposal
- Participation in voting on new product launches (DAO Accelerator
- Expect buyback from the market from the profit of projects (NFT Fantasy League, NFT Time Collection)))
5. Could you tell us about your team? Why this team can create big project?
Dmitriy Boshenyatov :
Now 8 people are working on the project:
- 3 developers
- 2 marketers
- Content maker
- Community manager
I have already told about myself 👌
The designer can be judged by our websites, logos, banners and exclusive NFTs that will appear soon 🙂
SEGMENT 2 QUESTION FROM TWITTER
Q1. From: @koocoin
In Blockchain Industry there are 3 core issues: security, scalability and interoperability which will bring competitive advantages to blockchain projects. So, how does Cybertime Project will solve these problem ?
Dmitriy Boshenyatov :
- Initially, we selected a cool development team so that the code was written correctly.
- We audit a white hacker who is trusted by Google, Microsoft, Apple.
- As a founder of the project, I am confident in my team, in the product, so I do not hide my faceScalability:
Game mechanics of buying NFT, contests among crypto artists, Fantasy Teams, all this can give a viral effect for the NFT Fantasy League platfor
We are doing a project on Ethereum, where gas is expensive, but thousands of other projects. We plan to integrate NFT Fantasy League with OpenSea + do collaborations with other NFT projectsy
Q2. From: @zoroboy222
It’s easy to make a token but it’s really hard to make this token valuable? So what’s your startegy to make your token more valuable and what’s your plan to maintain token price and supply?
Dmitriy Boshenyatov : Many tokens simply don’t carry value. Therefore, we initially focused on a demanded product. The NFTL token will be used in the economy of the future platform. With it, you can vote for NFT, participate in the creation of a Fantasy Team, and receive cashback.
The CTF token allows you to participate in the development of the project. Not nominal, but real. And receive a reward for this, in the form of a buyback token from the profit of products.
Q3. From: @Itachicvc
Finding investors is hard, keeping investors is harder, so what strategy does Cybertime have enough to make investors trust and with Cybertime project go a long way?
Dmitriy Boshenyatov :
1. We openly distribute platform tokens. Investors can get platform tokens by keeping their money. You just need to be faster and more forward-thinking than others.
2. The tokenomics of the project is built in such a way that 100% of NFTL tokens will be distributed among the community (rewards for crypto artists, fantasy league participants, cyber farmers)
In the CTF token, the team is allocated 10% and the funds are not paid immediately, but daily throughout the year. Therefore, you will not see any Chef Nomi in our project.
3. We are open to the community and want to develop the project together with it. Therefore, you can safely write in social. networks, we will answer everyone.
Q4. From: @cryptoenr1que
A few hours ago, you announced the launch of the light version of CyberTime Farm. What advantages does it have over the version traditionally used by users? Why did you decide to create it?
Dmitriy Boshenyatov :
Everything is correct. We launched the light version of cybertime.farm to introduce the community to the pools and the project. When Cyber Farming Week starts on February 19, a full-fledged version will appear with the ability to add money to pools, liquidity pools, and a leaderboard.
Follow our Dev Log diary on Twitter or Medium, where we tell you what we managed to do in a week and show the backstage of the project 🙂 Just in one of the issues was the design of the main page of the full version of the site.
Q5. From: @Rhada25
I am a crypto artist and NFT fan, so can you explain how to create an NFT in CyberTime Finance? Can my NFT be not only for collection, but can my NFT be traded on the CyberTime Finance platform?
Dmitriy Boshenyatov : If you are creating an NFT, then you should definitely take part in several contests on our upcoming NFT Fantasy League platform.
It won’t be difficult to add your work, it’s more difficult to tell about yourself. Our platform will help aspiring crypto artists to declare themselves + earn not only on sales, but also on voting. And for established artists, show your level and raise sales to another height
SEGMENT 3 FREE ASKING
1. DeFi is one of the hottest topic in the blockchain space right now. Can you share your opinion about DeFi with us? Do you think that DeFi will disrupt the existing financial system? What is #Cybertime approach towards the DeFi sector?
Dmitriy Boshenyatov : I think DeFi is the future. Now everything is ready for its development. Also, NFT is trending now. We heard how we bought NFT CryptoPunk for $ 700,000 a week ago.
We are creating a project at the intersection of DeFi + NFT, so we feel double power!
2. Can you give us an overview of Cybertime token economics? Is the token designed to rise and fall with the success of the platform, and does it include any scarcity paths such as stake, store, or burn?
Dmitriy Boshenyatov : Tokenomis is important part of any project.
You can see NFTL tokenomics – https://docs.cybertime.finance/tokenomics/nftl
CTF tokinomics – https://docs.cybertime.finance/tokenomics/ctf
3. Nowadays, NFT is becoming more popular, many projects come out related to NFT. So how do you rate the potential that Cybertime ‘s NFT can bring? Do you have any plans to make NFT become a new market trend?
Dmitriy Boshenyatov : We are planning to launch an exclusive NFT series that will be broken down into minutes / seconds. As a result, each author will have one minute, and users can buy a unique NFT frozen in time.
We already have several collaborations with authors, here you can read more and here are a couple of NFTs – https://docs.cybertime.finance/products/nft-time-collection
4. Marketing is an essential element of every project, so everyone knows the potential that a project can generate. What is your strategy to attract new users and investors and maintain it in the long term?
Dmitriy Boshenyatov :
We are currently running a massive marketing campaign. We participate in AMA sessions, conduct interviews with YouTube bloggers, and conduct contests for the community. We are also focusing on 18 pools, which will be open from 19 to 26 February.
Now there is such a situation that many owners of tokens can only store them and profit only from growth. We propose not to lose tokens and in just 7 days get tokens of another promising project from above. Therefore, we build marketing around such banners.
5. Please mentions 2-3 killer features of CyberTime Finance , which makes it ahead of other projects ?
Dmitriy Boshenyatov : We tried to create the most detailed Litepaper about the project – https://docs.cybertime.finance/litepaper
You can familiarize yourself with it and you will definitely find our killer features 😉
DON’T FORGET FOLLOW CYBERTIME OFFICIAL