KuCoin AMA With PREMA (PRMX) — Your Gateway to the Blockchain Space
Dear KuCoin Users,
Time: December 6, 2022, 12:00 - 13:00 (UTC)
KuCoin hosted an AMA (Ask-Me-Anything) session with the President of the PREMA Project, Masahiro Kawakami, in the KuCoin Exchange Group.
Official Website: https://PREMAnft.com/
Whitepaper: https://wp.prmx.io/v/ja/
Follow PREMA on Telegram and Twitter.
Project Introduction
The project aims to tie the real and virtual together around PREMA X, an NFT marketplace. Based on the strong security capabilities of the PREMA Wallet, it is intended to serve as a hub between the metaverse, blockchain games, the guilds that support them, the real world and Web3 and Web2. In fact, by using NFC tags and QR codes, we have completed the creation of an experience value system that links the real and virtual.
Guest
Masahiro Kawakami — CEO of PREMA
After graduating from Musashino Art University in Tokyo, Kawakami worked for an advertising agency, but was drawn to creating rather than advertising, so he became a graphic designer for a game company. Over the next 30 years he was involved in game development and production, working on more than 100 game titles. Masahiro Kawakami founded X-Creation Inc. in 2013 and has been involved in the development of the PREMA platform. His team is developing various services using blockchain and NFT technology, ranging from fintech to entertainment.
Q&A from KuCoin
Q: Please introduce yourself and tell us about President Kawakami's background.
Kawakami: After graduating from Musashino Art University in Tokyo, I worked for an advertising agency. Still, I was drawn to creating rather than advertising, so I became a graphic designer for a game company. Over the next 30 years, I was involved in game development and production, working on over 100 game titles.
I founded X-Creation Inc. in 2013 and have been involved in developing the PREMA platform. In addition, we are developing various services using blockchain and NFT technology, ranging from fintech to entertainment.
Q: What is the project overview of PREMA TOKEN?
Kawakami: The project aims to tie the real and virtual together around PREMA X, an NFT marketplace. Based on the strong security capabilities of the PREMA Wallet, it is intended to serve as a hub between the metaverse, blockchain games, the guilds that support them, the real world, and Web3 and Web2.
In fact, by using NFC tags and QR codes, we have completed the creation of an experience value system that links the real and virtual.
Q: What specific problems can the PREMA project solve that existing solutions cannot?
Kawakami: We are working to solve three problems. The first is the use of IP content. Unfortunately, IP content providers can only track secondary distribution, resulting in many missed commercial opportunities and preventing proper IP operations. Therefore, we have applied NFT technology to IP content and built an NFT system that tracks more than secondary distribution and supports all marketing methods!
Second, it allows for individual ownership of digital content. Currently, the main way to value digital content created by individuals is through commercialization. But commercialization is not only out of step with the Web3 view of the times; it is only a possibility open to some. Therefore, our PREMA X allows individuals to easily set up a marketplace to buy and sell their digital assets. The time is near when everyone can buy and sell their content easily.
Third, the real and virtual can be integrated. Currently, it is not possible to reflect what is happening in virtual space in reality. Therefore, we are building a system that uses NFT technology to link actual crops with those in the game and provide them to users.
Q: What is the project's competitive advantage in solving this problem?
Kawakami: We are actively involved in producing NFTs tied to the real world. We have a patent in 2020 to operate NFTs from QR codes or NFC tags. For example, we believe there will be more and more situations in the future where NFT will be operated from QR codes attached to mail or NFC tags attached to products. NFT can be used for inexpensive traceability of mail and easy proof that an item is genuine or counterfeit.
We already have systems to create mutual experiential value in real and virtual life and are well-positioned to be a publisher.
Q: What has specific progress been made on the project? Please briefly describe the major milestones you have achieved and the milestones you are targeting, along with a timeline.
Kawakami: We plan to release the NFT marketplace PREMA X by the end of this year. This December will see the launch of the sake and sports NFT projects, and next January will see the release of many other contents. For more information, please sign up for the PREMA project's Discord and official SNS, which will be posted occasionally.
We also plan to release an NFT game on farming as our IP, so information on that is a must.
Q: How do you plan to reach NFT and non-NFT users? What is your marketing strategy?
Kawakami: First, for NFT users, we plan to acquire NFT users through tie-ups with IP holders for NFT distribution, campaigns using the White List, and by holding NFT content events.
By partnering with well-known IPs, we will incentivize NFT users to own NFTs.
For users who have never dealt with NFT before, we will release information only available to the PREMA community, creating a connection between PREMA and the core IP fan base. In addition, creating contact points between users and IP through NFT is very attractive, and we will always provide content.
We have proven our system of raffling off real NFT autographs of famous artists!
Q: How can users use PREMA TOKEN?
Kawakami: We have designed a token ecosystem that is more sustainable than any other system. Users can use PREMA tokens at PREMA X to communicate with the real and virtual worlds.
Specifically, PREMA tokens can be used for gas payments in the PREMA chain, as a payment in the PREMA platform, for SCM (Supply Chain Management) by service providers in PREMA X, and as an incentive payment to service users. Service providers can also use PREMA tokens in PREMA X for SCM (Supply Chain Management) or as incentive payments to service users.
Free-Ask from KuCoin Community
Q: Please share with us your Whitepaper.
Kawakami: PREMA Project’s Whitepaper can be found here.
Q: When will your tokens be listed on the exchange, and which exchanges do you plan to list on in the future?
Kawakami: It is already listed on many exchanges and has many plans for the future. For more information, please see our official social networking sites.
Q: Can you share your social media links so we can keep ourselves updated?
Kawakami: Here’s our Twitter account. This account will send the latest information, so if you have time, come along and follow us!
Q: Please introduce yourself and tell us about President Kawakami's background. What is the project's competitive advantage in solving this problem?
Kawakami: I was a game producer. I have been involved in many well-known titles, such as White Cat Project, Gundam Senjou no Kizuna, Donkey Kong, Kaze no Klonoa, Kagejou, and Tenchu. I can bring Web3 the quality and interest of the existing content industry.
Q: Bear cycle. How will your project stand the test of time in a bear run where most projects fail and sometimes go into oblivion? What strategies do the project employ to mitigate possible losses?
Kawakami: The platform we are creating will become a global standard in the future.
The current market situation is not relevant. As the market grows, our product will be widely adopted.
Q: How did you get the community involved in developing the project? And how do you build a strong community to grow globally?
Kawakami: Our former experience and contacts allow us to partner with strong IPs. As a result, several products are already in production.
Not only fans of PREMA but also the fans of existing IPs will be part of our community.
KuCoin Post AMA Activity — PREMA (PRMX)
🎁 Participate on the PREMA AMA quiz now for a chance to win 2,000 PRMX!
The form will remain open for five days from publishing this AMA recap.
Giveaway Section
KuCoin and PREMA have prepared a total of 400,000 PRMX to give away to AMA participants.
1. Pre-AMA activity: 80,000 PRMX
2. Free-ask section: 10,000 PRMX
3. Flash mini-game: 80,000 PRMX
4. Post-AMA quiz: 230,000 PRMX
. . .
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