ClosedSea x IM community AMA RECAP

TELEGRAM AMA: Im Community & ClosedSea 🐋
⏰ AMA Timing : 17 OCTOBER 2021 l 04:00 PM UTC l 23:00 GMT +7
Venue For AMA : https://t.me/imcommunityitw

🎁 Reward Pool 100 USDT
Bà Tân | : Welcome @closedseadev, @Crypto_Xavier from ClosedSea

Bà Tân | : Welcome everyone. Today Im Community will host AMA with ClosedSea

Bà Tân | : Today our guest is: @closedseadev, @Crypto_Xavier from ClosedSea

Bà Tân | : Can you introduce yourself to our Im Community?

Closedsea Dev : Great, I am Ron one of the ClosedSea Dev members , my areas are mainly marketing, promotions, design and communication, i guess that is why i am here.🚀🚀

Done

Bà Tân | : Thanks for the introduction.

Bà Tân | : Today’s AMA will have 3 sessions

Sessions 1: The chat will be muted & the team will introduce themselves then we will ask some introduction questions to the team ClosedSea

Sessions 2: We will pick 5 Best Question from our members on Our Tweet (https://twitter.com/IM_Communityitw/status/1449401234947936263).

Sessions 3: The conversation will open to the community questions and the 5 best questions will be selected.

Bà Tân | : Requirements:

🗣Im Community (https://t.me/imcommunityitw)

🗣ClosedSea Official (https://t.me/closedseanft)

🗣Twitter ClosedSea (https://twitter.com/closedseanft)

👉More information about ClosedSea :

🗣Website (http://closedsea.com/)

🗣Medium (https://closedsea.medium.com/)

🗣Discord (https://discord.com/invite/gaRvAXkhDc)

Bà Tân | : Start session 1 AMA

Bà Tân | : Question 1. Could you please give us a simple introduction of ClosedSea? What’s the motivation for starting build ClosedSea?

Closedsea Dev : Great Question: As you know, NFTs are the current talk of the crypto industry — Closedsea presents the FIRST TRULY world-class, multi-chain NFT Marketplace designed to offer the best NFT buy, collect, sell and create experience. Closedsea focuses on four primary areas within the blossoming NFT Marketplace space.

These are mainly, high fees, Multichain accessibility, reliability and user experience:

🙅🏼‍♀️ High Transaction Fees: Closedsea offers NFT transactions on low fee networks such Binance, Polygon and Solana as payment options while also maintaining the ETH option.

🙅🏼‍♀️ Closedsea introduces the $SEA TOKEN which allows members to have zero (0) fees on all their transactions by simply CLOSEDSEA FIRST MULTI-CHAIN NFT MARKETPLACE

🙅🏼‍♀️ Multi-Chain Access: Closedsea is designed to offer the FIRST multi-chain experience across BSC, POLYGON, ETH , SOL, and more allowing for users to trade on the network that best suits their requirements. One of ClosedSea’s primary focus areas is to provide the most affordable fees in the NFT Marketplace space. ClosedSea offers two options to this problem:

🙅🏼‍♀️ User Experience: Closedsea is also designed to offer the best create, buy, collect and sell experience at par or better with market leaders by offering a familiar and predictable interface lacking on platforms outside the ETH network.

🙅🏼‍♀️ Reliability: Closedsea is designed to offer reliable transaction security, high availability, less to no failed transaction further enhancing our attractiveness to the wider NFT economy.

Bà Tân | : @ClosedseaDev Please say “Done” when you have finished the question, thank you.

Done

Bà Tân | : Question2. How does the ClosedSea platform support NFT products? @ClosedseaDev

Closedsea Dev : Good question — we are a Multi-Chain NFT marketplace, meaning anyone can mint, buy, sell NFTs from multiple networks ETH, BSC, POLYGON and more

Done!

Bà Tân | : Question3. What is the ClosedSea team’s $SEA token sale plan? how can i buy it? @ClosedseaDev

Closedsea Dev : Another good question — ClosedSea recently concluded a Private Sale and we have a presale scheduled to start this coming Friday 22nd October. More details about the platform will be revealed soon but get ready for Friday 22nd October 2021. $SEA Token is not trading yet — it will be available after presale this coming Friday

Done!

Bà Tân | : Question4. What role does the $SEA token play in your ecosystem? What are the benefits of long-term holding? @ClosedseaDev

Closedsea Dev : 🙅🏼‍♀️ Good question — Closedsea introduces the $SEA TOKEN which allows members to have zero (0) fees on all their transactions by simply holding a limited number of $SEA tokens. NFT Marketplaces derive their income from transaction fees. We are saying if you hold a certain amount of $SEA tokens you will transact for free — we believe this will be ground-breaking and will increase demand for the token

🙅🏼‍♀️ $SEA token is also deflationary — automatic token burn is built into our contract — we have a 4% tax on every transaction of which 20% of that is automatically burnt — so everytime you exchange the $SEA token, you are burning a percentage which we feel will contribute to the stability in price

Done

Bà Tân | : Question5. Can you please tell us the current ClosedSea road map? How far has ClosedSea been developed at this time? and what will you realize in the future? @ClosedseaDev

Closedsea Dev :

This is correctly captured in our Roadmap — remember this will be the FIRST Multi-Chain NFT Marketplace that will allow you to switch between chains with a click of a button..

We have a prototype platform that is almost ready and will be shared with the community soon…

Done!

Bà Tân | : End of session 1

Bà Tân | : We will move on to session 2

Bà Tân | : Sessions 2: We will pick 5 Best Question from our members on Our Tweet (https://twitter.com/IM_Communityitw/status/1449401234947936263).

Bà Tân | : Question1. @EugeneAnches

What are your plans for the nearest year in terms of marketing and business development? How do you plan to expand the network, community, partnerships, etc? Why should investors enter your ecosystem?

Closedsea Dev : Good Question: Marketing sits at the core of our successes going forward. We have a lineup of potential partnerships we are pursuing aimed at ensuring we are constantly and consistently bringing value to our project. Already we have partnered with a renowned NFT creator who worked on the BoredApe to create EXCLUSIVE Refined Apes Block Party (R.A.B.P) NFT series — These NFTs are available to mint for everyone who will take part in our presale. Remember Bored Apes were minted for around 0.1 ETH — they are selling at an average of 35 ETH — you dont want to miss our presale — you could get our RABP NFTs and walk away with some good returns on top of the $SEA token

Get into our presale and walk away with one of these to mint — 8888 will be available

Done!

Bà Tân | : Question2. @edric_tristan

User experience is a very important issue in most projects. Does Closedsea focus on this? What has Closedsea done to bring the best user experience, especially to new users?

Closedsea Dev : Good question: what we aim to achieve with our platform in order standout against competition is to provide the best USER EXPERIENCE. We feel the main reason why other platforms are failing is because they are not focusing on user experience like we are. We have compiled what we think are the main bottlenecks in the current setups and have engaged a UI expert to work closely with us to offer a platform with unmatchable user experience. Our current homepage closedsea.com is just a fraction of the work the UI expert is working on. Closedsea.com is designed to offer the best create, buy, collect and sell experience at par or better with market leaders by offering a familiar and predictable interface lacking on platforms outside the ETH network.

Done

Bà Tân | : Question3. @Patrick_Nguyn

What is your strongest advantage that you think will make your team leading the market? In contrast, what is your weakness? How do you plan to overcome it?

Closedsea Dev :

https://t.me/imcommunityitw/1987731

https://t.me/imcommunityitw/1987732

Done!

Bà Tân | : Question4. @NguynQu56146057

Token burn is beneficial for any project, in being able to control the number of token circulation and to provide greater incentives to investors. Does ClosedSea have a plan about token burn?

Closedsea Dev : Good question — $SEA token is deflationary — we have automatic token burn built into our contract — we have a 4% tax on every transaction of which 20% of that is automatically burnt — so every time you exchange the $SEA token, you are burning a percentage which we feel will contribute to the stability in price

Done!

Bà Tân | : Question5. @RaymondJoell

I saw on your website you are counting down to do a Presale within 5 days. How can we participate in your Presale, do we need to do KYC? What is the initial price & hardcap of the $SEA token at presale? Is there a minimum or maximum purchase during the Presale?

Closedsea Dev :

Closedsea Dev : Good question: Our Presale is scheduled for 22nd October 2021, there are currently no tokens in circulation — Please check our Twitter — https://twitter.com/closedseanft and Telegram — https://t.me/closedseanft for the latest updates on the platform where we will be launching our Presale…

Closedsea Dev : Dont miss our presale this Friday 22nd October — everyone who participates will automatically be enrolled to mint these exclusive NFTs

Done!

Bà Tân | : Congratulations to the winners of session 2.

@EugeneAnches

@edric_tristan

@Patrick_Nguyn

@NguynQu56146057

@RaymondJoell

Bà Tân | : Alright, Session 2 has finished perfectly. Appreciate your detailed responses @closedseadev 😃

Bà Tân | : End of session 2

Bà Tân | : We’ll move on to session 3

Bà Tân | : Sessions 3: The conversation will open to the community questions and the best questions will be selected.

Bà Tân | : Don’t forget to join the group https://t.me/closedseanft

Bà Tân | : Group will unmute now so everyone can ask questions.

Bà Tân | : Thanks for the questions from the community.

Bà Tân | : Now let’s give our dear guest @closedseadev some time to go through them.

Bà Tân | : @closedseadev Pick the 5 best questions and answer it for session 3.

Q1. How do you deal with the security threats of your project? DO you have any AUDIT in recent times for trust?

Closedsea Dev : Great question: We have been fully audited by Certik — the leading blockchain auditors — the audit report will be posted here — https://www.certik.org/projects/closedsea

Q2. I have seen that you have done many AMAs, my question is, what do you expect to get from so many AMAs and what are your goals with the community? Do you consider the community to be a fundamental role in the project?

Closedsea Dev : Good question — AMAs help us to answer specific questions from the community — we aim to conduct at least one per day until our presale to enable the community to ask specific question before investing! We strongly believe our community must have as much information as they can before deciding what to do with their money…

Q3. Can you tell us sir what the special thing about your project and what makes different from other similar projects?

Closedsea Dev : Great Question — the main problem with the current platforms that we feel our team will solve is they allow you to trade NFTs on a single chain — look at the market leader/s for example who happen/s to be our great competitor/s — You can only trade NFTs in ETH! We are bringing a ground-breaking solution that will enable users to trade NFTs on the same platform with the same experience without them leaving the platform. All they need is to have whatever currency they want to trade with in their wallets and the $SEA token for ZERO fees.

Q4. What are the ways for your project to generate revenue in the long run?

Closedsea Dev : 🙅🏼‍♀️ Great question — Basically when you trade NFTs on any platform, there are two sets of fees you pay, Platform fees and Network Fees (gas fees)

🙅🏼‍♀️ For example Opensea, our competitor charges you a platform fee of 2.5 % then you also pay network fees (gas fees)

🙅🏼‍♀️ If you purchase an NFT on their platform worth $100K, they will charge you $2500 for that transaction plus network fees you pay separately

🙅🏼‍♀️ We are introducing the $SEA token which reduces the fee to ZERO — meaning our platform checks if you have a certain amount of $SEA tokens in your wallet first, if it sees $SEA token, it voids the 2.5% meaning you are directly saving $2500 on the above transaction

🙅🏼‍♀️ Dont forget all our private sale and presale participants will get to mint and own these exclusive Apes — Refined Apes Block Party (R.A.B.P) NFT series

🙅🏼‍♀️ Dont forget all our private sale and presale participants will get to mint and own these exclusive Apes — Refined Apes Block Party (R.A.B.P) NFT series

🙅🏼‍♀️ Dont forget all our private sale and presale participants will get to mint and own these exclusive Apes — Refined Apes Block Party (R.A.B.P) NFTs

🙅🏼‍♀️ Dont forget all our private sale and presale participants will get to mint and own these exclusive Apes — Refined Apes Block Party (R.A.B.P) NFTs

Q5. NFT is a hot topic right now, but NFT isn’t just for art. Does your project think there will be many NFT use cases? Why should we take NFT seriously?

Closedsea Dev : Great question — We strongly believe NFTs are here to stay — they will evolve into more mainstream use cases like real estate, stock options and more once issues around their regulation are fixed…

Closedsea Dev : 5 done!

Bà Tân | : Congratulations to the winners of session 3.

@huepham98

@trongdanh32

@xogmlunroi

@elisstra **

@ghetlaohat

Thanks for the useful information from @closedseadev, @Crypto_Xavier

Bà Tân | : End of session 3

Bà Tân | : For questions that have not been answered today, you can send them to @closedseanft for answers.

Bà Tân | : IM Community, if you would like to know more about ClosedSea ! here are some useful links for you:

Official Website: https://closedsea.com

Twitter: https://twitter.com/closedseanft

Telegram: https://t.me/closedseanft

Instagran: https://www.instagram.com/closedseanft/

Medium: https://closedsea.medium.com

Discord: https://discord.com/invite/gaRvAXkhDc

Bà Tân | : Allright, I declare the Im Community AMA with ClosedSea has ended.

Thanks to @closedseadev, @Crypto_Xavier | ClosedSea joined us and provided us with ClosedSea information, we hope that this knowledge makes us understand more about https://closedsea.com (https://closedsea.com/)

To the members, thank you for following this event to the end. winners will be announced soon.