KuCoin AMA With KlubCoin (KLUB) — The First Global Cryptocurrency for Clubbers, Festival Goers, and EDM Fans

2023/11/09 06:33:09

Dear KuCoin Users,

Time: November 7, 2023, 12:00 PM - 1:02 PM (UTC)

KuCoin hosted an AMA (Ask-Me-Anything) session with KlubCoin’s CEO, Stéphane Schweitzer, in the KuCoin Exchange Group.

Official Website: https://klubcoin.net/

Whitepaper: https://klubcoin.net/litepaper/

Follow KlubCoin on Twitter, Instagram, and Telegram.

Q&A from KuCoin to the KlubCoin Team

Q: Could you please introduce yourself? We're curious to hear about your journey and what inspired you to enter the world of cryptocurrencies.

Stéphane: I have 25 years of experience in the Electronic Music Industry. Before, I'd been running record labels and recording studios and launched a TV station and an FM radio. The TV station is called Clubbing TV and broadcasts in 90 countries to 200M households. The radio station is Pure Ibiza FM and is broadcast online and on the island of Ibiza. More recently, I started to develop our group with F&B businesses: clubs, bars, and restaurants in Southeast Asia and Ibiza. I have been interested in cryptocurrency since 2017, but it was during the Covid lockdown that we started our web3 adventures. We were looking for ways to keep our brands alive because everything was closed, and we decided to release NFT collections. The collections were successful, and we saw that we could onboard our community of EDM lovers to web3 products and services, so we decided to continue.

Q: Could you provide us with an overview of KlubCoin? How does it work, and what can we do with the $KLUB tokens?

Stéphane: When we saw that we could easily onboard our TV viewers, radio listeners, and all our community of EDM enthusiasts, we decided that we wanted to continue our web3 activities. This time, we wanted something not just for our brands but for the entire EDM community; this is how the idea of KlubCoin was born.

KlubCoin is both a payment method and a loyalty program. You can pay using our KlubCoin $KLUB tokens online and in physical venues like clubs or festivals. We developed payment widgets for all major e-commerce engines, such as Shopify, WooCommerce, and PrestaShop. We also developed physical terminals for clubs, festivals, and bars to accept $KLUB tokens easily. For the loyalty program, we call it “party and earn”; our users earn cashback in tokens when they pay with KLUB for drinks, tickets, merchandising, VIP tables, etc, in all the partners of the KlubCoin ecosystem. The more they party, the more they earn, then users can re-use these tokens to buy more products and services from the partners of the KlubCoin ecosystem, online or in physical venues, or they can also convert them on an exchange like KuCoin, where we just got listed.

Q: Can you tell us some of the use cases for KLUB tokens? And what are the benefits of buying and holding KLUB tokens for a long period of time?

Stéphane: These are some of the official partners of the KlubCoin ecosystem; all tier 1 brands of the Electronic Music Industry are already accepting $KLUB tokens.

We offer exclusive party experiences for stakers and holders of KlubCoins. Users can have access to money, and they can buy experiences like partying backstage, meeting their favorite DJ, getting tickets for sold-out events, etc. Our staking program is already part of the day utility. We are also launching a KlubCoin festival where everything from drinks to ticketing and merchandising will be with KLUB tokens only, with no fiat needed.

Q: Could you share the current status of the project? How proactive are you in keeping the community informed about the upcoming developments? In particular, what updates or details should the community be aware of regarding the project?

Stéphane: We developed our app, which is available on iOS and Android, for a super smooth onboarding of the Electronic Music Community. They can use our token even without crypto knowledge. We already developed the payment method for online and in physical venues.

We did our IDO with tier 1 launchpads like TrustSwap, Seedify, Bull Perks, and our TGE with the first listing that happened last Wednesday on KuCoin.

Now, the KLUB token is live and trading. We got more than $2.2M volume yesterday, and we are ready to onboard many new clubs and festival partners in our ecosystem. We keep our community informed of new developments and new partners daily in our socials and our Telegram group.

Q: Non-crypto users are very important for mainstream adoption. How are you planning to attract non-crypto users to your project?

Stéphane: Yes, as explained before, we developed our own app, and it is available on iOS and Android to help in the mass adoption and frictionless onboarding of Electronic Music fans and partygoers.

Q: Can you talk about the trading competition on KuCoin?

Stéphane: Yes, we worked with the KuCoin team to give the KuCoin and KlubCoin community the possibility to enter a trading competition.

For more information, you can visit KuCoin’s website and our official Telegram group.

Free-Ask from the KuCoin Community to the KlubCoin Team

Q: What are your top 3 priorities in 2024? Please share some plans for the upcoming year.

Stéphane: We want to onboard two clubs and two festivals for every major country in the next 24 months so our holders can use their KLUB tokens everywhere.

Q: How does your project increase the token's value, liquidity, and utility so that it can lead to an increase in token prices? What is your plan to make your project stable and provide the highest return for investors in the long term?

Stéphane: We have special party experiences like meeting your favorite DJs, access to sold-out events, or even backstage parties, which will only be sold in KLUB and will generate buy pressure.

Q: Please provide the Whitepaper. Additionally, are there any plans for a pre-sale? If so, where can we participate?

Stéphane: Attached here is the link to KlubCoin’s Whitepaper.

Q: Where can I get the latest updates or information about the project?

Stéphane: You may visit our official Telegram group to get yourself updated on KlubCoin.

Q: There is a negative perception surrounding meme tokens. Despite being categorized as a meme token, how does KlubCoin intend to overcome this negative perception and gain acceptance?

Stéphane: We are not a meme token. We have tons of IRL and online utilities.

Q: I am interested in investing in your project. When and where can I buy your tokens? Is it already listed on the exchange?

Stéphane: KlubCoin is already listed on the KuCoin exchange.

Q: What is the process for accessing exclusive events in the physical world and the metaverse using KlubCoin?

Stéphane: Holding or staking KLUB tokens will be your access card to these exclusive events.

Q: Do you have any plans to attract non-crypto investors to join your project? As we know, the success of a project attracts more investors. What plans will raise awareness about your project in the non-crypto space?

Stéphane: We have 300 million Electronic Music fans onboard on KlubCoin.

Q: Is your platform suitable for beginners in the crypto space? Or is it exclusively designed for professional users?

Stéphane: We made the platform super user-friendly to facilitate frictionless onboarding of all Electronic Music fans; you may check out our app on iOS and Android and see how easy it is to use KlubCoin.

KuCoin Post AMA Activity — KlubCoin (KLUB)

🎁 Participate in the KLUB AMA quiz now for a chance to win $10 in KLUB!

The form will remain open for five days from publishing this AMA recap.

KlubCoin AMA - KLUB Giveaway Section

KuCoin and KlubCoin have prepared a total of $10 in KLUB to give away to AMA participants.

1. Pre-AMA activity: $800 in KLUB

2. Free-ask section: $50 in KLUB

3. Flash mini-game: $400 in KLUB

4. Post-AMA quiz: $750 in KLUB

Sign up for a KuCoin account if you haven’t done so yet, and ensure you complete your KYC verification to be eligible for the rewards.

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