BlockTalks x HoDooi AMA Transcript!
Hello! BlockTalkers & Blockchain Enthusiastic!
We recently hosted an AMA with HoDooi, on June 18th at 11 AM UTC. Many of you might have participated or many of not. But we make sure no one missed out from the knowledge shared by Matt Luczynski, Co-Founder & CEO of HoDooi. So here we are up with the AMA transcript, for those who missed the live session, this blog post will be a saver & feeder of knowledge for them.
Introduction Questions Asked By Team BlockTalks!
Q1. Could you please introduce Hodooi to our community in layman’s term?
Ans — Founded in 2021, HoDooi.com has been carefully designed and engineered to allow its users to create, buy and sell and resell NFTs initially based on the Binance Smart Chain blockchain.
The HoDooi.com platform is not limited to the Binance Smart Chain. Our aim is to create a multi-chain platform that will be fulfilled by incorporating Binance Smart Chain and other compatible blockchains as the platform grows.
Our offering is supported by the HOD token, the native cryptocurrency of the platform. HOD can be used for Payments, joining the platform’s tiered Membership Program, Staking Rewards and access to exclusive NFTs.
$HOD is available now.
Q2. What are the advantages of Hodooi to other alternatives in the Blockchain field?
Ans — Our differentiating factors/advantages are what makes us stand out to the competition, a user first approach will allow the HoDooi community to use our platform in a friendly way. BSC integration will allow gas fee’s to be reduced and offer the users more opportunity to create, buy, sell and resell NFTs. Our Membership Program, staking rewards and other reward systems will be key in engaging with the community and keeping our users happy.
Q3. What are the major milestones Hodooi achieved so far & what are in the future pipeline?
Ans — A few key milstones so far include that we will debut heavyweight boxing champ Tyson Fury’s NFT collection as it bids to become the go-to-market to buy, sell, trade, and bid on NFTs, all while delivering a knockout blow to competing platforms. HoDooi.com has released news on two key partnerships in recent weeks, Gold Star Promotions and Plogix Art Group. These partnerships will play a key role in both bringing high-profile sporting athletes to HoDooi.com and opening the door for mainstream artists to enter the NFT space on a user-friendly platform.
We have just announced a straegic investment from Crypto.com to, this comes as one of our largest and trusted investors. Plus a most recent milestone is the launch of $HOD, this is now available on Pancake Swap, MXC Exchange and Bitmart.
Questions Asked on Twitter For HoDooi Team!
Q1. HoDooi will focus on BSC, then continue its development on Ethereum and gradually expand to other smart contract enabled blockchains at a later stage. What are some of the blockchains on which you hope to further develop your project in the future?
Ans — We will be integrating MULTIPLE chains, we are in talks right now with 5+ blockchains to integrate onto HoDooi.com.
An exciting one for us would be the Flow chain, this would allow Topshot and CryptoKitties to be sold on HoDooi.com.
Q2. I could read that you have a revolutionary Membership Program, but could you really give us details of the different types of membership? Will they all be based on the number of tokens that are staked? or are there really other requirements to follow?
Ans — The Membership Program will allow users to recieve up to 100% off of fee’s, gain staking rewards and other great benefits to. You can see the Membership Program here:
Q3. On their website they inform that they will have 5 official NFTs and they will be launched from HoDooi, could you detail what is the difference between these NFTs? Will each have more value and cost than the other, or will they all be the same?
Ans — The are the Tyson Fury NFTS! We are releasing 5/5 and a 1/1.
The 5/5 include, Diamond, Platinum, Gold, Silver and Bronze.
The 1/1 #NFT includes:
• Digitized 1/1 NFT piece 🖼
• Physical 5 foot by 5 foot NFT painting signed by Tyson Fury 🖌
• Signed Tyson Fury boxing gloves 🥊
• Video from Tyson Fury for the winner 🎞
Q4. The NFT content creators are looking for the platform that has the best tools and the greatest design facilities, therefore, will HoDooi have the best tools to create the rarest and most creative NFTs? If so, could you show us the weirdest collectible you've ever created?
Ans — I think so far, the coolest we have are the Tyson Fury NFTS! They are innovative and inviting. Merging the boxing world with NFTs to create a bridge between the two user bases - its excellent. We will offer users the opportunity to create, buy, sell and RE-SELL NFTs! only on HoDooi.com.
Q5. I read that HoDooi is looking for the best creative from around the world. What are the requirements to be a verified artist of your project? By acquiring this status, what benefits will it bring me within HoDooi and with the chains with which they are interoperable?
Ans — HoDooi.com will verify and certify creators and sellers contributing towards the ecosystem with a blue check, this will be for accounts with significant traction and to protect buyers and sellers from fraudulent activity. Verified accounts without the blue check will still show in the marketplace.
To become verified, a user must first apply within the HoDooi.com platform, from there it will be decided if they can become a verified creator and/or seller.
In the future, HoDooi.com will configure an AI capability to perform the verification process.
Questions Asked by our BlockTalks Community Members during live Session to HoDooi Team!!
Q1. Tell us about Hodooi’s plans for this year 2021, what are you currently working on, and are you going to expand the list of big exchanges?
Ans — We are already listed on Pancake Swap, MXC Exchange and BitMart. We will be releasing further information related to exchanges soon so keep posted in t.me/hodooi for that.
Here is our roadmap to:
Q2. Staking is one of the strategies to attract users and acheive mass adoption. Does Hodooi project support staking program? if yes. how is your stake system work, what is the requirement for user if they want to stake in your platform?
Ans — Yes, we will be doing a staking programme. This is integrated within our Membership Program where users can recieve up to 100% off of fee’s!
HOD tokens will be awarded to users for staking on the Membership Program, alongside fee reductions. These will be released into the pool on a decreasing percentage scale to incentivise users on the platform.
Q3. Why you choose ERC-20 instead of choosing BSC?
Ans — HoDooi.com and $HOD are both on the BSC.
However, we will be integrating multiple chains within HoDooi.com, creating one of the FIRST MULTI-CHAIN NFT MARKETPLACES.
Q4. What do you think are the features that make your platform different from other NFT marketplaces and how are artists appreciated and valued on HoDooi? Are there significant benefits?
Ans — Some of our key differentiating factors are the Membership Program, staking rewards, payments, advertising, user first approach and much more! All of which is integrating with our native token, $HOD! Now available on Pancake Swap, MXC Exchange and BitMart.
Q5. Will the Goldstar promotions only include the TysonFury collection or a collaboration within the new NFT collections?
How is the Goldstar collaborating with HoDooi for rare NFTs and what kind of work will you do together?
Ans — No, at Gold Star Promotions they have MULTIPLE high profile names, the likes of Floyd Mayweather, Conor McGregor, Tony Bellew and Ricky Hatton - all possible collaborations for HoDooi.com. Stay tuned at t.me/hodooi and t.me/hodooiann for more information on this!
Here are some important links of HoDooi👇
🌎 Website: hodooi.com
📱 Twitter: twitter.com/hodooicom
📢 Telegram: t.me/hodooi
📚 Medium: hodooi.medium.com