AMA RECAP : CRYPTO CHALLENGERS x FREE CITY
Venue : CryptoChallengersD
Date : 21 MAR 2022
Time : 02:00 PM UTC.
Guest: Jack Wu
They shared detailed information and his opinions about the project FREE CITY.
SEGMENT 1 INTRODUCTION.
Q1: Could you Guys please provide a quick self-introduction for the community?
Jack Wu, [21-Mar-22 7:37 PM]
Yes, FreeCity is building the largest, Web3 Bridging Infrastructure and User Aggregation Platform
Bridging Web2 users to the Web3 world
Jack Wu, [21-Mar-22 7:38 PM]
We’re built on the foundation of Social, Gaming, NFTs, Liquidity and Proof of interaction to help Web3 marketers to identify, incentives and retain users.
Feel free to learn more about us via the links below
🌐Website: https://www.free-city.io/
💬Discord: https://discord.com/invite/MjhkdZ6GeP
💬Telegram: https://t.me/freecityChat
🕊Twitter: https://twitter.com/FreeCity_OS
Also don’t forget to join our Gleam campaign where 5 winners will share a prize pool of $500
https://twitter.com/FreeCity_OS/status/1504813881436246017?s=20&t=0wVyPYgAqga6AcYkhsDiNQ
Q2: Can you briefly introduce the project FREECITY what are some of utilities of $FCC ? How do you think you stand out among the competitors if there are any?
Jack Wu, [21-Mar-22 7:42 PM]
Here’s our thesis,
“ Attention and Interaction is the key for marketing, regardless in Web3 or Web2.”
That’s why we think Proof of Interaction is the heart and soul of FreeCity, Freecity provides a platform that rewards users for their interaction on the platform. We help encourage and allow users to support projects and creators on top of our social platform. Projects and Creators are provided with the tools to identify and incentivize their loyal users.
here’s a list of utilities that we are planning to launch in the near future
1 ) GameFi Token Swap — Built-in DEX for in platform token swaps
2 ) Boosting Power — Unlock VIP access to protocol on-chain & off-chain benefits
3 ) Staking & Liquidity Mining — Provide Liquidity to NFT Marketplace
4 ) Governance — Voting Power for future directions of Free City
Apart from the functional aspect, our core belief is that we have is to provide value to not only the community members, investors and our partners as well, our platform allows a win-win-win situation where a strong and robust ecosystem can be built.
In the long term, our goal is to ultimately transform into a DAO that is sufficiently decentralized.
Q3: Can you share the achievements the team has made so far ? what are the major achievement target FREECITY is yet to achieve . If possible also share your roadmap.
Jack Wu, [21-Mar-22 7:46 PM]
Here’s our roadmap for Q2, 2022
-Launch User-Generated Social Content Platform
-Support Multi-Chain
-Launch 2 Casual Games in Social Platform
-Launch Game Version 1
And for the team’s achievement, Im happy to say that we’re already in the progress of an internal testing for our social audio platform
Jack Wu, [21-Mar-22 7:46 PM]
The team has had lots of experience games and social platforms that attracts users and generating revenue, our tech team is now being led by an ex tech lead of a public listed gaming company and as mentioned before the team had previous successes in the Web2 world, what we’re planning to do is to replicate that success, connecting both Web2 and Web3
Jack Wu, [21-Mar-22 7:47 PM]
so make sure to follow us on our social for the latest updates
Q4: Could you share a bit about security and also what benefits you provide to incentives user’s choosing your platform?
Jack Wu, [21-Mar-22 7:49 PM]
Security is fundamental of any project, but we have plans to have our codes audited and have a big bounty before the official launch, make sure to look forward to that. About the user’s incentives is the ‘Proof of Interaction’, as mentioned above Freecity provides a platform that rewards users for their interaction on the platform. We help encourage and allow users to support projects and creators on top of our social platform. Projects and Creators are provided with the tools to identify and incentivize their loyal users
Q5: Whats the total supply of the token ? Could you share a detailed tokenomics of mainnet token’s supply distribution
Jack Wu, [21-Mar-22 7:51 PM]
We have a total supply of 10,000,000,000, the tokens will be distributed as follows.
Airdropped NFT Sale- 1.00%
Early Backer Sale- 15.00%
Growth Backer Sale- 8.00%
Public Sale- 5.00%
Community Reserve- 20.00%
Development & Marketing- 10.00%
Ecosystem Treasury & Liquidity- 25%
Founding Team- 13.00%
Advisors & Event Partners- 3.00%
SEGMENT 2 TWITTER QUESTIONS.
1.I read that, #FreeCity is all into Web 3. For better understanding of products, services and expertise offered by #FreeCity, can you kindly elaborate in details? How does it ensure that everyone connected to #FreeCity enjoy rewards which are both sustaining and enriching?
Jack Wu, [21-Mar-22 7:56 PM]
FreeCity is built with the vision of bridging the web2 users to the web3 world in a seamless manner by providing fiat supported features, tools for web2 and web3 marketers to identify, incentivizes and retain their users. Ultimately creating the first web3 / web2 bridge that will bring the ecosystem to the next level
More and more projects are being built on the Web3 ecosystem, yet user acquisition and retention remains a huge problem for them. Instead of competing with other projects to obtain Web3 early adopters as their users, we believe that a bridge between Web2 and Web3 is needed to help the projects to better on board Web2 users to the Web3 world.
The core of marketing has not changed over the transition from Web2 and Web3 regardless, it is all about the users. While projects like YGG & Sandbox are building the best in-game experience, they do not have the necessary tools to identify their most loyal users and build campaigns around them.
But now they can, with FreeCity’s Proof of Interaction, where we help encourage users to support by providing their attention and interaction and get rewarded for it, whether it be their tokens or NFTs.
The NFTs / Badges rewarded to the users are essentially their contribution efforts and can be used by existing projects to identify loyal users.
FreeCity’s name reflects on our outlook, a bridge/portal for Web2 users to enjoy the benefits of SocialFi, GameFi & DeFi in a single platform, to freely explore the world of Web3.
2.Do you have a AUDIT certificates? Or are you working to AUDIT Your project, so that the security of the project becomes more secure and reliable?
Jack Wu, [21-Mar-22 7:57 PM]
We have to perform well in the AMA to attract users to join our socials
Jack Wu, [21-Mar-22 7:58 PM]
[In reply to Biljo Bee]
Yes, even when we are building the platform, we have consulted with several technical partners on how we can better increase our security, we are planning to launch an Alpha release so that the users can try our platform out, please do look forward to that, we will launch a bug bounty during that process and will also have our contract audited before going to the mainnet.
3.You have mentioned that “Proof of Interaction” is the heart and soul of your project. Does FreeCity’s user aggregation layer allow you Collaborate with Gaming studios/protocols to provide play to earn experiences? Can Any interoperable NFT objects be demonstrated in NFT showroom?
Jack Wu, [21-Mar-22 8:02 PM]
Yes, FreeCity’s user aggregation layer allows us Collaborate with Gaming studios/protocols to provide play to earn experiences.Any interoperable NFT objects can be demonstrated in their designated NFT showroom.
We’re planning to provide a fully immersed 3D/VR experience with fully interoperable objects. Users can trade and exchange NFTs within embedded marketplace or third-party marketplaces.
4.FreeCity is the first platform to introduce Proof of Interaction. My question is, what are the functionalities of this technology? How does Proof of Interaction encourage and enable users to support projects and creators on top of their social platform?
Jack Wu, [21-Mar-22 8:04 PM]
Proof of Interaction encourages and allows users to support projects and creators on top of our social platform. Projects and Creators are provided with the tools to identify and incentivize their loyal users.
There are several use-cases where FCC can be utilized, for example, building a gated community, earning rewards via engagement, setting up loyalty programs and social boosting within the Social Platform.
Interact with the platform and get rewarded! It’s quite similar to STEPN, where you walk to earn, but we don’t need you to buy a shoe, just interact with the platform.
5.Free City will be deployed unders the BNB Chain. Why did you decide build your project on BNB Chain in the first place? Will your be establish cross-chain support/mechanism in the near future?
Jack Wu, [21-Mar-22 8:05 PM]
Although, we support multichain infrastructure, but yes we will start with Binance Smart Chain and integrate other chains such as HECO, Polygon, ETH etc
The reason why is because they have the most users and the gas is cheaper.
SEGMENT 3 TELEGRAM LIVE.
Q1-Lucas Bravo, [21-Mar-22 8:09 PM]
🌟🌟🌟How do you intend bridge the web2 users to the web3? Like how will you make web2 users realize why they should delve into using Web3?
🔥🔥🔥
Jack Wu, [21-Mar-22 8:10 PM]
[In reply to Lucas Bravo]
Great Question!
Our users doesnt need to know that they are using Web3, it’s like using Amazon, Facebook, Twitter, without knowing they’re built on top of TCP/IP
Apart from allowing users to connect their wallet to take custody, we are also fiat supported, it’s linked from our backend 🙂
Q2-enver, [21-Mar-22 8:09 PM]
Ambassadors play a very important role in every project, Do you have an ambassador program? If yes, how can I be one ?
Jack Wu, [21-Mar-22 8:11 PM]
[In reply to enver]
Join our social and be super active in it!
Here’s the link towards our social
🌐Website: https://www.free-city.io/
💬Discord: https://discord.com/invite/MjhkdZ6GeP
💬Telegram: https://t.me/freecityChat
🕊Twitter: https://twitter.com/FreeCity_OS
Q3-Demvrick, [21-Mar-22 8:08 PM]
On your website it says that they will have the Play to Earn NFT Apocalypse web base game. What advantages have you found in the recent exhibition that Play to Earn NFT tokens have had in the market and how will you use these advantages to your advantage?
That is not fully true, you interact to earn.
With FreeCity, every action you take is a data that should be rewarded, and these data will empowering projects to provide better marketing campaigns throughout the Web2 and Web3 world.Genç Osman, [21-Mar-22 8:08 PM]
What does the name mean? Behind every successful project there are interesting stories and of course you have to work hard every day. Can you share one of these interesting stories with us?
Q4-Minhaj, [21-Mar-22 8:08 PM]
How important is community to you? And how can we help you develop the project? And where can we buy your project token, you share with usus?🧞♀️🧞♀️🧞♀️🧞♀️🧞♀️
Jack Wu, [21-Mar-22 8:13 PM]
[In reply to Minhaj]
IT IS OUR UPMOST PRIORITY, we will more share more details about the public sale more in the future
Q5-What does the name mean? Behind every successful project there are interesting stories and of course you have to work hard every day. Can you share one of these interesting stories with us?
Jack Wu, [21-Mar-22 8:13 PM]
[In reply to Genç Osman]
FreeCity’s name reflects on our outlook, a bridge/portal for Web2 users to enjoy the benefits of SocialFi, GameFi & DeFi in a single platform, to freely explore the world of Web3.
Jack Wu, [21-Mar-22 8:15 PM]
Thank you guys for the interesting questionsJack Wu, [21-Mar-22 8:15 PM]
please join our campaign to get the chance to win $100 just by following our socialshttps://twitter.com/FreeCity_OS/status/1504813881436246017?s=20&t=0wVyPYgAqga6AcYkhsDiNQ
Jack Wu, [21-Mar-22 8:17 PM]
Thank you for being such a wonderful host and would like to thank the community members to welcome us warmly.We do different rewarding campaigns on our Twitter and Discord, so please drop us a follow and dont forget to join our Gleam campaign
