KuCoin AMA with Windvane, Menzy & DopeOxide — Best NFT Investment In a Bear Market
Dear KuCoin Users,
Time: June 28, 2022, 12:00 PM - 13:14 PM (UTC)
On June 28, 2022, #KuCoin hosted an AMA (Ask-Me-Anything) session with Ryan, the COO of Windvane, Marketing & Design and Technical Lead of Menzy, Zeeshan and Ammar, and the Founder of Dope Pass, DopeOxide, in the KuCoin Exchange Group.
Windvane Genesis NFT is the identity proof as KuCoin’s platform partner. Windvane Genesis chose a rooster as its symbol, representing the weather vane in many countries. The Lazy Rooster represents the pioneering and innovative spirit of Web 3.0. 4,500 NFTs will be issued this time, 500 of which will be distributed to the team, and the remaining 4,000 NFTs will be sold to users through three rounds of minting. Windvane platform will not make any profit from the sales of its Genesis NFTs. All income from each round of sales will be shared by early NFT buyers.
Official Website: https://windvane.io/
Menzy is introducing a unique Move2Earn body movement count system for earning passive income in the form of MNZ Tokens. A lot of current Move-to-Earn systems are step counts only but with Menzy we have developed a unique algorithmic system that detects any sort of activity or sport happening with the help of your mobile camera or a camera enabled device. Our system visually detects the activity being performed. Furthermore our software has the ability to identify the pose of an individual and the Menzy platform rewards the user for performing successful movements.
Official Website: https://Menzy.io/
Ryan — Chief Operating Officer of Windvane
Zeeshan Jillani — Marketing and Design Lead of Menzy | Move To Earn
Ammar Khurshid — Technical Lead of Menzy | Move To Earn
Dope Oxide — Founder of Dope Pass and NFT Alpha caller
Q&A from KuCoin
Q: Please introduce yourselves.
Ryan: I think many of you already know Windvane. KuCoin powers the platform, and we just launched our Genesis NFTs this month as the partnership proof of our platform. I will introduce our platform and our NFT collection to you later. First, let me know if you are already one of our NFT holders or want to be one of them. We are giving away Whitelist for its second round today!
Zeeshan: This is Zeeshan Jillani, co-founder of Menzy move to earn. I've worked at Menzy full-time for five (5) months as the Design and Marketing lead. Before that, I've served my services as an Architect and real estate developer globally, mainly focusing on regions like the United States and Canada.
What excites me about the blockchain and especially NFTs is the ability that allows buyers to own an original digital item. I've taken part in many NFT mints and created my own on decentraland and a few other similar projects that give artists the ability to create their own NFT and be able to sell it to the world.
Ammar: I am Ammar Khurshid, the cofounder and tech lead of Menzy. Prior to Menzy, I have more than six (6) years of research experience from Cambridge University. I have worked on self-driving cars, microsimulation modeling, and smart cities, programming mostly in Python. I am also an Engineering graduate.
DopeOxide: I’m DopeOxide, for those that don’t know me. I have been in the NFT space for twelve (12) months and have witnessed many NFT metas and the development of Web3.0. Since I entered the space, I have helped many newcomers trade NFTs and make trading decisions that have led them to profitable trades.
I call and discuss projects on my main Twitter. and also the founder of the Dope Pass. I prioritize educating new people just entering the Web3.0 space. I try to cover as many things as possible to get people up to grips with aspects such as security, trading knowledge, and understanding of good projects. Here’s my complete link
Q: Faced with the current environment, knowing the specific NFT investment that can make a steady profit is necessary. Please tell us your insights.
Ryan: I know the current market environment is terrible for all projects and investors, but I believe the bear market is just the time when the value of good NFTs can be revealed.
We have seen many NFT projects in the past without any benefits. For example, the price maintenance of some NFTs purely depends on the continuous expansion of new fan groups. And some NFT projects keep the price of their NFTs by the issuance of coins, but the price of the currency soon returns to 0 in the end. The high prices of these NFTs are unsustainable because NFTs have no core benefits.
When Windvane considered launching NFTs, we decided to make a difference. We want our NFT to come with its own revenue. So not only does it give you a very nice JPG image, but it also allows you to become a shareholder of a unicorn NFT platform in the Web3.0 era.
We give Genesis NFT continuous value by binding platform revenue to NFTs. When we launched the NFT, we decided to split all sales income. That's why our NFT has been so hot from the very beginning.
Our Discord members grew to nearly 10W in two months, which is amazing and proves that investors worldwide have recognized our NFT.
Q: Please tell us more about the sales income dividend. Is there still a chance for us to join the minting?
Ryan: Of course! There are three (3) rounds of sales total. Holders of each round share subsequent sales revenue. The first round of sales has ended. Now you still have the chance to participate in the 2nd round.
DopeOxide: If I participate in this round, I still have the chance to share the sales income of the 3rd round. How can I participate?
Ryan: There are several ways to participate. You can mint one if you get whitelisted during AMA today. If you are not lucky enough to get it, you can check our website and invite three (3) people to join us. Then after bidding for the NFT, the top 1400 bidders get whitelisted to mint!
DopeOxide: In the process of a project launch, bidding is not very common. Instead, we often use Dutch Auctions or Fixed Prices. Could you please tell us why you choose to sell in this way?
Ryan: We always want our NFT holders to be our real partners instead of fans. We want people who believe in our values to be able to buy our NFT as a long-term investment. Partners have been tied to platform interests for a long time. Therefore, we choose to conduct sales through bidding in order to screen out those who really recognize the platform's value.
Q: What made you choose Windvane as your launchpad
Ammar: Well, I have to say that the brand endorsement of KuCoin is what attracted us at the very beginning. In addition, we are impressed by the large global community KuCoin has, which is very important to every project.
After knowing more about Windvane, I should say the platform itself has some unique advantages that we learned about:
1. There are various types of high-quality projects about to launch on the platform, and Menzy is one of them. As I know, Windvane has very powerful IP resources. I know there are going to be a lot of cool projects coming to the Windvane platform. Of course, the specific project will be officially released by the platform. I cannot reveal too much, but to say, Menzy is one of those good projects!
2. Extremely low fee - The NFT platform guarantees the minimum cost, allowing you to realize various NFT trading options. I think everybody will love that.
3. NFT mining - As far as I know, the platform has already had relevant plans about NFT mining and the Whitelist benefit of the NFT pledge. I believe this will be a highlight of the platform in the future!
I also believe Windvane has a lot to look forward to in the future. So we chose Windvane for the launch! Mind if I share this video with everyone.
Ryan: I have a brief introduction to Genesis NFT and platform for you.
Q: Can you share some information about Menzy?
Ammar: Menzy is a move to earn full body movement platform for earning passively with an integrated virtual fitness center. With Menzy, we have developed a unique algorithmic system that detects any sort of activity or sport happening with the help of your mobile camera enabled device rewarding you for every move you make. Essentially, a virtual fitness eco-system with SocialFi & Move-to-Earn GameFi features incorporated under one platform.
1. Walking, running, gym, dancing,boxing etc.
2. With your camera, GPS and pedometer.
3. Whole body movements- Menzy move.
4. Peer to Peer Live Virtual training + Metaverse integrations.
Zeeshan: Here's how our AI code works.
Q: What are your top three (3) things for priorities in 2022? Could you share some plans for the upcoming year?
DopeOxide: My number one priority would be building on my community and the Dope Pass; I’ve always been passionate about helping people and love how everyone in the Web 3 space is connected and has similar values.
My goal is to help people make it in the space, and I wish to leverage my past knowledge into my community to ensure everyone that knows of me will have a great edge in trading NFTs. I also strive to partner with all the greatest projects for additional utility with the Dope Pass. I’ve actually partnered with Kucoin to give out a few Windvane NFT Whitelist spots. If you guys are interested, feel free to join and be a Dope Pass member.
The second priority would be networking. The networking capabilities are the biggest benefits of Web3.0 over Web2.0. I think it’s required that you should not put it to waste and ensure that you are networking with as many people as you can as web 3 is all about connections and sharing experiences with different people. If you want to ask something, feel free to reach out and dm me on my Twitter! https://twitter.com/DopeOxide
My third priority would be building in the Web3.0 spaces. In my opinion, the NFT space is very healthy and encourages people to build and cooperate together.
However, It is very important not just to be a follower in space but to build something that people in space will use and can benefit from. I can’t wait to bring some more strength into my loud and proud community. We all stick together and work as a team to achieve a common goal; successful trading.
Ammar: For us, our key three priorities are very simple:
First, product development includes improvements in activity classification AI, data collection for further neural network training, and anti-spoofing improvements.
Second, NFT utility enhancement and developing further intrinsic value for our NFTs.
Lastly, the Metaverse VR and AR integration.
Q: What do you think are the main reasons for this bear market? How long will this bear market last?
DopeOxide: The reason for this bear market is a range of things. But in my opinion, the main reason would be the state of the world economy. Inflation is a massive issue and has discouraged many members. It includes those in the NFT space who are scared to spend their money. This has significantly reduced the amount of NFT volume, which has led to decreases in floor price and crypto price. In my opinion, we will probably get out of this bear in around 6-9 months. However, money will always be made and will require you to adapt. Strategies that worked in the last bull market won't probably work in our current bear market.
Zeeshan: I completely agree with Dope here. Global inflation is forecasted to reach 7.9% in 2022, and the U.S. recorded 8.6% inflation in May. It was a 40-year high according to fortune yesterday. The World Bank is concerned that interest rate hikes in advanced economies could drag down the world economy now that's a major concern for both fiat and cryptocurrencies. So whoever adapts quickly and effectively during these times wins this bear market.
Let's look at Menzy's public raise yesterday. We sold out in 9 minutes! Of course, one can say that was pure luck, but much more than that, it's the long-term utility we're aiming for. Any project aiming to launch in this bear market must realize and prepare solid foundations for the project based on utility and community understanding. Gone are the days of projects like cryptopunks and weird whales who don't have much utility besides a social flex.
The fear index shows data that the market is scared at the time; however, as CZ Binance says, "In bear markets, it is easier to spot the weak projects and founders who are money-driven instead of mission-driven."
Our mission here at Menzy is to create a 2nd generation long-term move-to-earn ecosystem. Unfortunately, it has been truly difficult for us to launch a project in these market conditions. However, we still sold out yesterday solely because our values are long-term and community-driven, irrespective of a bear or a bull market.
Q: Could you share with us one of your successful NFT investments?
DopeOxide: A successful NFT investment I am proud of was minting my Kaiju Kingz. I found the Kaiju discord at less than 100 members before it grew up to be one of the top blue chips we’ve seen in the NFT space.
My mint of .06 to 4 ETH was a great investment, and I am planning to hold it indefinitely as it is the most professional, diverse, and hard-working project in the Web3.0 space.
Many caught onto this mint and got whitelisted due to my Discord call; it was a great day.
Zeeshan: I have had a few successful NFT investments, too, but more importantly, the unsuccessful ones teach you a lot. My greatest investment is my time; I have been a builder at dcentraland. As an architect, I’ve built 3d assets and had successful sales.
Dcentralands platform allows builders and creators like myself to enter the blockchain and allows room to create fun and exciting projects that people love to own. Now that’s a great decentralized metaverse utility, in my opinion. We took inspiration from decentralands ability to allow a creators platform for Menzy as well, but in a much simpler and easier way, where users can create their own videos dancing and moving in order to get rewarded on the blockchain, and people don’t need to learn complex software they just need to have fun that’s it!
Free-Ask from KuCoin Community
Q: How old is Your project? What are the major plans ahead? Could you show us an image of your roadmap?
Zeeshan: It's been five months since we've been working on Menzy - Here's a link to our roadmap.
Q: Regarding the safety and security of your platform, what are the security measures adopted. Have you done any audits of smart contracts?
Zeeshan: 100% of our audits are in place, and the safety and security of our app users are our prime priority. We have facial verification APIs integrated within the Menzy app.
Q: Can you share your social media links so we can keep ourselves updated?
Q: NFT is very popular today, and new projects with their features are constantly coming out. How do you plan to compete with them, and what is the main feature of the Windvane?
Ryan: Windvane has several core advantages, including powerful IP resources. Since KuCoin powers us, there are going to be a lot of cool projects coming to the Windvane platform. Of course, the specific project will be officially released by the platform. At the same time, we have KCC, which will give us great support. In addition, we guarantee the minimum cost, allowing you to realize various NFT trading options. And we had relevant plans about NFT mining. I know you must love it for its high return.
Q: Do you have any bug bounty to check for weakness? In what way do you plan to make Your project more complete?
Ammar: We are ensuring to make anti-spoofing systems and algorithms that will self-learn and improve over time.
Q: Can you explain which one is your top priority? Security, product, partnership, or token price?
Zeeshan: All of the above. We aim to develop a long-term product that will only be there for a year or six (6) months. So we're looking five (5) to ten (10) years down the line for Menzy. As you know, Rome wasn't built in a day, but our Menzy team is proactive at delivering, which is why we sold out in under 9 minutes.
Q: Please tell me, how can I buy your tokens right now? And which wallet supports your token?
Menzy Official Links:
You may find more information of our current IDO's here.
Q: Does your platform have any NFTmarketplace where we can trade, buy or sell NFT?
Ammar: Menzy will launch on Windvane.
Q: Can you list the features that your project has and other similar projects don't. Can you convince me to invest in your project?
Ammar: This is among a few of our key differences from other key Move-to-Earn projects.
Q: Do you have a Whitepaper? Please share it. Secondly, do you have plans for a pre-sale? Now, where can we Join it?
Ryan: You can read more about the event on Windvane's website. In addition, we designed a special reward for users who participated in this event. One hundred (100) users who invite the most friends will get a free Genesis NFT! Of course, the more friends you invite, the more dividends you earn!
Q: What is your strongest advantage that will make your team lead the market?
Zeeshan: Menzy is the only Move-to-Earn project with full-body movement reward systems, such as AI deep tech machine learning and a passive step count reward system, with strong backing from incredible investors and advisors. We are aiming for the stars!
Q: NFT is one of the most talked-about and sought-after subjects in the blockchain industry. Are you willing to share your thoughts about NFT with us?
DopeOxide: NFTs are one of the best utilities a blockchain has to offer due to their interoperability capabilities. Each token is unique, allowing unique information to be stored on the blockchain. It allows digital ownership. With the power of interoperability, you can efficiently represent tokens as physical and/or digital assets.
Q: Is it possible to have some partnership with other metaverse projects such as Bloktopia for Menzy?
Zeeshan: We're in good talks with a few existing projects which have already established a metaverse gym. So we will soon integrate it into the MenzyVerse as part of the application.
Q: Can you give an overview of your tokenomics and the utility of your token?
Ammar: Go through our technical documentation for further details on our website.
Q: Does your project reflect a community for only English-speaking individuals?
Z Menzy: As of now, we're only focused on the Global English community. However, we soon plan on opening more communities from all over the world and welcoming them to the Menzy community.
Q: Is your platform suitable for crypto beginners, or is it only limited to professional users?
Ammar: It will be suitable for all levels of expertise
Q: Where can we buy your tokens to invest in your project, and what is your current contract address?
Ammar: Kindly join our telegram channel for any inquiries.
Q: Many projects promise but never release a working product or even prove any revenue within a short or long time of release. Is your project like this too? If not, can you tell us what makes your project different from others?
Zeeshan: Here's a demo of our app in the making as of now, and soon we'll be launching our Alpha test campaign.
KuCoin and Windvane, Menzy & DopeOxide have prepared a total of 5 Whitelist of Genesis NFTs to give away to AMA participants.
Free-ask section: 5 Whitelist of Genesis NFTs
. . .
If you haven’t got a KuCoin account yet, you can sign up here!