KuCoin AMA With REV3AL (REV3L) — The Future of Digital Asset Protection
Dear KuCoin Users,
Time: June 29, 2022, 12:00 PM - 13:12 PM (UTC)
REV3AL is a multi-layered authentication technology that protects creators, IP owners, and consumers in the Web3.0, NFT, and Metaverse space. REV3AL protects digital media assets on and off the blockchain using a dynamic multi-layered security protocol for authentication, proof of creation, and buyer verification. The buyer can then self-verify these layers of encrypted protection within the asset itself through interaction on their device and the REV3AL platform.
Official Website: https://REV3AL.io/
Adam Russell — Co-founder and CRO of REV3AL
Mo Kumarsi — Co-founder and CEO of REV3AL
Q&A from KuCoin
Q: Who are the founders and the teams of REV3AL?
Adam: Adam Russell, CRO. I started my career and spent many years as VP of Business Development in cyber security for enterprise clients. My journey involved being a thought leader, investor, and advisor in the blockchain and crypto space since 2016. I have focused on emerging technology, including VR, since 2014, along with DeFi, NFTs, and the Metaverse.
We can never forget the advisory board members, including notable figures in the blockchain industry, such as Karnika E. Yashwant, the founder of Forward Protocol and Key Difference Media, Mario Nawfal, who is the CEO of NFT Technologies. As well as Alan Smithson, known as the godfather of XR, founder of MetaVRse, and Liam Robertson, founder of Alphabit Fund, a premier blockchain fund.
Mo: My name is Mo Kumarsi, CEO of REV3AL. I have been an advisor in the blockchain and crypto space to several disruptive technological innovators, including Power Ledger and Coinpayments. Have more than fifteen (15) years of startup and business development experience with teams in the thousands and a vast strategic network. Being this way, I became a thought leader and educator and continue building communities.
Other team members include Eric Prouty, a CPO specializing in producing and launching mobile and Internet-based technologies, including those in the Web3.0 space. CMO Georgina Woolams-Edwards, the founder of an international marketing and PR agency with offices in London and Dubai, and CTO Bernard O’Flynn, who has spent most of his 26-year career building and managing product and engineering teams in the tech/fintech space.
Delroy Brown, Director of Game Development, and Jon Pierre Yousef, Creative Gaming Director, who both have deep experience in AAA game development with some of the largest publishers in the space, round out the team.
Q: What Is REV3AL?
Adam: When Mo and I started in the blockchain space in 2016, we were involved as investors advisors and got scammed by many bad actors. We have been in ICOs, IDOs bought NFTs, and as degens, if we can get scammed, the masses don't stand a chance.
Mo: REV3AL LLC is a software development company pioneering security solutions for the Web3 space. REV3AL protects consumers, artists, creators, and intellectual property owners by authenticating and verifying digital media assets and NFTs. For additional information, please visit our Linktree.
REV3AL is a multi-layered authentication technology that protects creators, IP owners, and consumers in the Web3, NFT, and Metaverse space. REV3AL protects digital media assets on and off the blockchain using a dynamic multi-layered security protocol for authentication, proof of creation, and buyer verification. These layers of encrypted protection hidden within the asset itself can then be self-verified by the buyer through interaction on their device and the REV3AL platform.
Q: What is the vision of REV3AL?
Adam: We want to build trust in our industry by providing peace of mind for artists, collectors, and Ip owners. REV3AL technology's strategy is to develop an agnostic ecosystem and product offering for the blockchain and metaverse space. We have three (3) key ways to do this:
First, we authenticate digital media assets on and off the blockchain, verifying assets in the digital world, preventing counterfeit attacks, and safeguarding intellectual property, enabling creators, collectors, and marketplaces to verify the authenticity and originality of their collections and preserve the value of the original work.
Secondly, we will provide a security-centric NFT marketplace that will offer NFTs and digital assets in a curated experience that includes established and new artists, content creators, brands, and strategic partners.
Lastly, through a portable API, REV3AL will integrate and provide authentication to third-party NFT or digital media marketplaces, gaming platforms, and the metaverse. We apply REV3AL's security protocols and best practices to Web3 and the metaverse in a standardized and interoperable manner.
Mo: Our vision is to be the golden standard of security. So when someone thinks of security in the metaverse and beyond, REV3AL will be the first thing to hit their mind; the vision to be the REV3AL360.
Think of REV3AL, the equivalent of a GIA certificate for a diamond is the best way to explain it.
Q: What problem does REV3AL solve?
Adam: People are getting scammed every day. So hearing about rug pulls and the copied NFTs is kind of scary.
More and more people are entering the space these days, and all they hear about is this. I bet you have heard of Seth Green's case where he has to buy back his stolen BAYC for $250k.
The nature of digital media makes it easy to duplicate and disseminate, and while NFTs and the blockchain do authenticate proof of ownership, they do not authenticate proof of creation. The ability to copy, screenshot, or alter digital media is a hindering factor in adopting the digital asset space.
REV3AL uses multiple levels of authentication on and off the blockchain to help protect digital assets from being altered, misused, or reused. REV3AL is a blockchain agnostic solution that will integrate prior to the minting or smart contract process. The REV3AL registry will store unique encrypted identifiers referenced in the secure RVLID registry that has been embedded into the media itself and a portable API solution for any marketplace or platform with a robust authentication solution.
We could go on and on regarding the problems since it's everywhere we look online. But, about a year ago, we said there has to be a better way.
Q: What platforms does REV3AL work with?
Adam: Rev3al API will work with NFT marketplaces, gaming platforms and Metaverses.
Q: Who are REV3AL’s backers and partners?
Mo: Venture capital firms and private investors have already invested in REV3AL, including Alphabit Fund, NFT Technologies, Uplift, IBC, Moonstarter, and Launchpool. NEAR Protocol & Hedera Hashgraph are just two of the industry's leading blockchain & distributed ledger technology partners REV3AL is partnering with along with major metaverse and infrastructure partners such as MetaVRse, TCG World, Utherverse, Forward Protocol, and over 50+ others.
We are closing up a few major partners today as we speak the biggest in the industry.
Q: Where can I buy REV3L?
Adam: REV3L will be available on its World Premiere listing in the KuCoin exchange! Here is the related announcement.
Mo: A massive, and one of the best exchanges in the world. We absolutely love Kucoin and we have been trading here for many years!
Free-Ask from KuCoin Community
Q: Do you have a video tutorial so we can learn more about your project?
Q: What is your main focus right now? Are you focused on the community, market, and the products of REV3AL?
Adam: We are focused on the MVP now that we are listed on Kucoin, which was a major goal when we started — building the community and global brand awareness. Our tagline, "ALL WILL BE REV3ALED," will REV3AL all types of frauds and scams as we can REV3AL you if you are real.
Mo: We believe that all are just important. We are currently finishing the MVP and finalizing one hundred (100) partnerships. So the progress is tracked at fifty-seven (57) partnerships at the moment.
Q: Looking back to the day you started this project, do you feel satisfied seeing your progress and achievements up until now?
Mo: Absolutely! We also have some massive plans for the future. Stay tuned!
Q: Since a strong community brings interesting ideas to the project and attracts larger partners, how is planning to build its community? Are there plans to recruit more people with blockchain experience to the team?
Adam: We believe the community is everything on a project before and after the TGE launch. As of today, we have fifty-seven (57) partners in our ecosystem and an amazing community that supports REV3AL. We are planning a massive marketing campaign over the next few months to support security in Metaverse, along with employing major KOLs from all over the world to support the launch of our product in the next three to four (3-4) months.
Q: Do the token holders have the right to participate in the governance of the project? What kind of decisions can they vote on about the project?
Adam: This is a great question. We plan on supporting governance once the project is rolled out as a DOA aspect for our token holders.
Mo: Yes. Holders have the right to participate.
Q: Long-term investors would like to see benefits. Does REV3AL have any plans for providing benefits to loyal investors in addition to the current ones?
Adam: Yes. We plan on providing staking options with KuCoin and on our pre-sale platform. Our goal is long-term value for our token holders.
Mo: We have a unique burning of REV3AL token deflationary. Add to that the project's staking and farming mechanism.
Q: Can you give an overview of REV3AL tokenomics and its utility?
Mo: Get informed with our tokenomics here.
The following links can help you get the latest updates on our project.
Official Website: https://www.rev3al.io
Q: How to stay cool in the current situation in the cryptocurrency market?
Adam: In reality, many projects fail and don't make it through bear markets. We recognize this early on and are already planning for the next bull market. From a financial standpoint, we created a burn rate that could survive a prolonged bear market. Our goal is to break even on revenue once the API rolls out within a much shorter period. We manage market expectations on product rollouts to be fiscally responsible with our development road map MVP and CVP.
Mo: We are building five (5) years ahead to the next bull run.
Q: Where can I buy your token?
Mo: We are entering KuCoin Exchange as our World Premiere Listing!
Q: Smart contracts are prone to failure, and many projects fall victim to it, costing user funds and discrediting projects. How reliable and secure are your smart contracts? Did you test it with either party?
Adam: Our technology is integrated at the creation level prior to the blockchain. The aspect of our technology that references and burns the REV3L idea has no TVL involved, so there is nothing for a hacker to steal in that security layer process.
Q: Almost 80% of investors have just focused on the price of a token in the short term. Most do not care to understand the real value of their projects. Can you tell us the motivations and benefits for investors to hold your token long-term?
Adam: I believe our early supporters will be elated for what we can accomplish in the next five (5) years.
Mo: We are planning some major updates that will shape this industry. Stay tuned.
Q: What is your strongest advantage that will make your team lead the market?
Mo: Our brand will be the most key factor to the success of our project.
Adam: Our strongest advantage is our ability to see where the future emerging technology is going and always be ten (10) steps ahead of our competition. We also aim to become the Kleenex of our industry. Our project owns commercial space in four (4) metaverses, which provides interoperable multiverse security and protection in the REV3AL360.
Q: Do you guys feel satisfied by seeing your progress and achievements until now, when you look back to the day you started this project?
Adam: We are excited about partnerships. To tell you, we just signed our 57th recently. We believe any project that will last needs to have a solid, robust ecosystem.
Q: Your project name seems to be very interesting. Does it have any story behind it? Also, can you share with us the inspiration for closing this name?
Adam: It's a long story, and to make it short, I can say that we have made and lost much money in this industry. The sad part is that these losses are from scams and rugpulls, which need to stop.
"Stop the madness." It was like you would say to someone that if you have not been scammed in this industry, you have not joined the club yet. What kind of user experience is this for a newbie to the space.
Q: Can you briefly describe your partnerships?
Mo: We can talk about only the ones we have signed. For future partnerships, I can assure you that we will have over a hundred (100) partnerships in Q4.
Q: Are you planning to promote your project in places where English is not the language priority? Do you have a local community for them to understand your project better? REV3AL looks like an amazing project!
Mo: Yes, we are. I believe we can touch more people's lives through our relationships, partners, and investors. We are also proficient in branding and marketing. I believe that will help us tremendously.
Q: During these days, being a multi-chain platform has an obligation to be considered a competitive project, so can you explain how many chains are you able to support?
Mo: Our technology is blockchain agnostic. We can work with any chain.
Q: Can you list 1-3 killer features of this project that makes it ahead of its competitors? What competitive advantage does your project have that you feel most confident in?
Mo: To authenticate digital media assets on and off the blockchain, verify assets in the digital world, prevent counterfeit attacks, and safeguard intellectual property; these are the killer features of our project. We enable creators, collectors, and marketplaces to verify their collections' authenticity and originality and preserve the original work's value.
A secured NFT marketplace will provide NFTs and digital assets with a curated experience that includes established and new artists, content creators, brands, and strategic partners.
Through a portable API, REV3AL will integrate and provide authentication to third-party NFT or digital media marketplaces, gaming platforms, and the metaverse. In addition, We will apply REV3AL's security protocols and best practices to Web3.0 and the metaverse in a standardized and interoperable manner.
Q: Can we validate all digital assets and NFTs in the physical world in REV3AL? How do we increase interaction with them?
Adam: We will be providing physical and digital decoder technology under REV3AL360 to bridge the gap between real-world anti-counterfeit and digital counterfeit protection. Stay tuned.
Q: Which system your crypto runs on?POS or POW?? Why did you choose that particular system?
Adam: Our Parent token is on HEDERA Hashgraph - bridged to BSC, and we chose them because of the cryptography background speed of their network, security, efficiency, and low cost. As an enterprise solution, they were the perfect fit for our technology and the growth of our network. We also wanted to work with Green solutions such as Hedera and Near Protocol. So POS is the best way to go.
Q: Are you a global project or a local project? At present, which market are you focused on, or is it focused on building and growing to gain customers, users, and partners?
Mo: We are a global project. Our next focus will be Asia and Dubai.
Q: How many team members do you have? Do they have enough experience in the blockchain field? Do they have any experience in working on crypto and non-crypto projects?
X: We have an entire large, extended team. The core members of our team and advisors are rock stars!
KuCoin and REV3AL (REV3L) have prepared a total of 2,000 USDT to give away to AMA participants.
1. Free-ask section: 75 USDT
2. AMA activity: 1,925 USDT
Quiz: 1,500 USDT
Price Guess: 300 USDT
Participation Rewards: 125 USDT
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