Crypto Tales x IM community AMA RECAP
🐋TELEGRAM AMA: Im Community & Crypto Tales 🐋
⏰ AMA Timing : 20 February 2022 l 12:00 PM UTC l 19:00 GMT +7
Venue For AMA : https://t.me/imcommunityitw
🎁 Reward Pool 100 USDT
➡️ The reward pool for the best 5 questions from Telegram is $50($10 Each) 💸
➡️ The reward pool for the best 5 quest
Bà Tân | : Welcome @talesgeorge from Crypto Tales ���
Bà Tân | : Welcome everyone. Today Im Community will host AMA with Crypto Tales.
Bà Tân | : Today our guest is: @talesgeorge from Crypto Tales.
Ahrix : Welcome @talesgeorge to the IM community.
Tales Teller (George) : Thanks for having me in this beautiful community
Bà Tân | : Can you introduce yourself to our Im Community?
Tales Teller (George) : I am community manager and co-founder @cryptotales and would like to introduce myself as a Cryptotales representative for this AMA session.
Tales Teller (George) : I graduated in 2015 with CS degree and started working a normal job. After 1 year i found myself in wrong place and started exploring new industries and found my love for crypto in 2017 through a tip from a old school friend. So 2017 I got into crypto Trading and turned freelancer Blockchain dev, With these Skills I build a community of Crypto Enthusiast of around 30.000 people. I saw many projects come and go through the ICO Era 2017–18 and when I saw Cryptotales with its uniqueness and team then I knew i gotta be involved.
Bà Tân | : Thanks for the introduction.
Bà Tân | : Today’s AMA will have 3 session
Session 1: Project Introduction
Session 2: Question From Twitter (https://twitter.com/IM_Communityitw/status/1494819556614815745) (will choose 5 question)
Session 3: Free Asking (will choose 5 question)
Bà Tân | : Start session 1 AMA.
Bà Tân | : Question1. Can you briefly describe what is Crypto Tales? We would like to know more about it and how it works. @talesgeorge
Tales Teller (George) : Cryptotales is a collection of 8000 3D profile NFTs. Currently NFT is in great demand in the crypto space, many projects come to this field & create great development both in technology and practical applications.
We are here to increase the NFT standard by offering unique utilities and benefits its holders.
The Cryptotales ecosystem will incorporate the world first NFT Powered Launchpad ‘ TalesPad ‘ . It has an IDO model that allows users to participate in exclusive intial DEX offerings (IDO) by holding Cryptotales — NFT rather than by holding large no. of tokens for small allocation with huge token price dump risk.
Ahrix : Please say “Done” when you have finished the question, thank you.
Tales Teller (George) : Done
Bà Tân | : Question2. What are the outstanding features of the Crypto Tales project compared to other projects?
Tales Teller (George) : Great question
The first one is our premium Launchpad, which is designed to offer a low cost entry as a Launchpad token investment to allow users to participate in IDO deals just by holding NFTs with an in-house risk insure program .
Secondly, we have also incorporate a risk insure program which will going to secure all the investment done on Cryptotales ecosystem.
Risk insure program will going to be premium feature which can be accessible only by the holders . It offers a 1-week guaranteed refund on all investment done on Launchpad .
And further, the governance mechanism of Cryptotales is designed to be a decentralized DAO that allows holders to decides the future of project.
Next question please
Bà Tân | : Question3. What is the Crypto Tales team developing at the moment?
Tales Teller (George) : We are working on our first pre-sale of limited supply of 1000 .We also have started our Discord Invite Challenge that rewards users with different roles which will give them a guarantee mint spot before Public sale. We have started to engage in fun ways with our users on Discord. So make sure that you join Cryptotales’s Discord and have fun participating in different competitions. In the future, we are planning to bring many more interesting activities that will cater to a diverse community.
There are limited no. role to grab in our discord server (https://discord.gg/m7rgp2tAF4) right now which will give more benefits to early supporters.
We are also working on the Ambassador program that will help us build an army of tale tellers. We want people to be able to connect with us and feel part of what we are doing and where we are going to do.
Bà Tân | : Question4. Can Crypto Tales team please update some Crypto Tales latest news or major events to attract more users?
Tales Teller (George) : Soon we are going to Announce our partnership with well know projects.
To attract more users we already having a lots give aways and activities for our community.
Make sure to join our groups to stay updated.
We are aimed to launch our Launchpad mid March right after our public sale .
Bà Tân | : Question5. What is the development roadmap of Crypto Tales at present and in the future?
Tales Teller (George) : In terms of development here’s what we already achieved and we are on right track as of our road map
In Q3 & Q4 2021
���Research and analysis of market
���Expanding the Team
As for Q1 2022 : we have already built a strong advisory team and we proceeding with the first pre-sale of our NFTs on 20th Feb .
For the future roadmap we have plan for launching Launchpad and cryptotales marketplace in Q1 2022 with our Public mint
Here complete roadmap after pre-sale
���Risk insure program
— Q2 2022
���Incorporating multiple chains
���Announcing multiple partnerships
���Incorporating Staking & Farming
— Q3 2022
���Metaverse Characters For NFT holders.
Bà Tân | : End of session 1
Bà Tân | : Session 2: Question From Twitter (will choose 5 question)
Bà Tân | : Question1. 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 @CryptoTalesNFT have a plan about token burn?
Tales Teller (George) : Yes I do agree with you Token burn is important in long term . As you all of know Cryptotales does not have any kind of token, because we believe in NFTs and for that
Yes we do have a plan for NFT burn, as you all know total supply of Cryptotales NFTs is 8000 which is going to be reduced as the project extend its ecosystem. There will be a buy back and burn program for NFTs i.e., team will purchase NFTs from marketplace and going to burn them.
Bà Tân | : Question2. I want to know more about Gaurantee Allocation and three types namely RARE, EPIC AND MYTHICAL. How many tokens are kept for each tier? How rarity of NFT is determined here?
Tales Teller (George) : I am waiting for this question
So, basically there will be 4 types of NFT rarity. Which will determine the allocation size for IDO deals on our Launchpad.
For mor clarification for example there is base allocation of $100 which is for common NFTs holders,
As for allocation for rarity types
Rarity no. of Allocation
Rare 2000 $200
Epic 900 $400
Mythical 100 $800
These are for only refrence allocation size will differ by projects ,it could be more or less but mythical NFT holders will receive highest allocation
In short your allocation will depend on your NFT rarity
Check out medium article (https://link.medium.com/0JPKCg5iMnb) for more detailed explanation
Bà Tân | : Question3. NFTs have a variety of utilities, tell us how you take advantage of NFTs in Crypto Tales, what is the function you have given them and what do you expect to build with them in the long term, tell us a little about the characteristics of the NFTs you already have, their utilities?
Tales Teller (George) : Our vision is to create a transparent ecosystem of DeFi services by leveraging on chain transactions with the help of NFTs. This will allow user to participate in IDOs.
Cryptotales can only operate as a decentralized platform if there is an underlying token to support its infrastructure. But we want something different to minimize the risk for investor that’s why we introduce CryptotalesNFTs as the main utility token which will grant access to the TalesPad platform. There will be no additional advantage for the big investors, as all NFTs will offered for the same price in which case you might be the winner of mythical NFT and get the highest allocation.
All 8000 NFTS will be available for the community and each NFT will come with the following perks/utilities:
���Access to Cryptotales launchpad : TalesPad
���Early access to new Cryptotales products, features and services
���Exclusive NFT drops
���Risk insure program
���Access to a zero fee marketplace
���Early access to Cryptotales Metaverse
Bà Tân | : Question4. How do you introduce your project to non-English speaking users? Do you have an ambassador program for any non-English speaking areas such as Asia , Southeast Asia (Vietnam, Indonesia, Philippines, Malaysia, etc) ?
Tales Teller (George) : Yes so for non-English speakers we will going to have an ambassador program but for now we are focusing on preparation for public mint and also we are hiring moderator ( Indonesia , Vietnam ) for our discord community if anyone wants to apply for mod job please send your application to @talesghost .
Bà Tân | : Question5.Why did Crypto Tales choose the Solana network? As we know, currently the network in Solana is pretty much suffering from DDOS recently. Why don’t you choose another low cost and popular chain like: BSC, Terra or FTM (Terra and FTM recently grew into top 2 and top 3 about TVL)
Tales Teller (George) : Cryptotales NFTs will be living on Solana Blockchain due to its low fees and better scalability,
We already post a medium article (https://link.medium.com/3VBQ1DkkMnb) about why we choose solana over BSC and other chains make sure to read it.
yes currently solana is suffering from DDOS recently but we are going to have Multi Chain Launchpad and marketplace.
Through our multi chain Launchpad any new projects can raise funds on any chain
Bà Tân | : Alright, Session 2 has finished perfectly. Appreciate your detailed responses @talesgeorge ���
Bà Tân | : End of session 2
Bà Tân | : We’ll move on to session 3
Bà Tân | : Session 3: Free Asking (will choose 5 question)
Bà Tân | : Don’t forget to join the group https://t.me/cryptotalesNFT
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 @talesgeorge some time to go through them.
Q1. Sir, Community is very important for a project. While you build your project, do you take into account community feedbacks and demands?
Tales Teller (George) : Yes we do take every feedback from the community for that we also have seperate channels in our discord server and we also give full permission to community manager to give feedback or suggestions .
Q2. Do you have any Coin Burn / BuyBack systems or any Token Burn plans to increase the value of Token & attract Investors to invest?
Tales Teller (George) : So yes as i explained earlier , we do have plan for NFT buyback and burn as for benefits of long term holders . For now after every IDO launched on our platform we will burn 50 NFTs till there only 4000 left
Q3. My question is about your long term marketing plans. How, or through which big partnerships do you plan on utilising to pass your product onto the normal — especially non-crypto people?
Tales Teller (George) : For long term marketing we already partnered with big youtubers and projects which will be announced soon on our official channels.
For non-crypto people Cryptotales NFTs will become the bridge between them & crypto , as the Cryptotales will introduce th to NFTs first and then help them to participate in new projects as well
Q4. In CryptoTales’s Ecosystem, what can I do with CryptoTales? Is there a way to get compensated if you hold your CryptoTales token? What are the advantages of holding it for a longer period of time?
Tales Teller (George) : We do have a refund program for our NFTs, after our marketplace launch you will be able to get a refund for your NFT through our risk insure program.
As for the long term we have plans to bring exclusivity to our collection and our platform which attracts more users and benefits the long term holders.
Q5. ���������������Hello, sir @talesgeorge ? I am very interested in your project, but I have one question: Is your project only for elite investors? what about investors who only have small funds? can you still join? and is it open to everyone? thank you sir ������
Tales Teller (George) : I am glad you ask this question
Our goal is to create Cryptotales ecosystem approachable to all kinds of investors , we really want to help small investors unlike other platform that’s why we keep our entry price as low we can for whole ecosystem, 2SOL that is lowest entry for launchpad in the industry with guaranteed allocation.
All the raised money will be used to better the ecosystem and return to the long term holders.
Bà Tân | : Thanks for the useful information from @talesgeorge
Bà Tân | : End of session 3
Bà Tân | : For questions that have not been answered today, you can send them to @cryptotalesNFT for answers.
Tales Teller (George) : Thanks there so many good questions
Bà Tân | : IM Community, if you would like to know more about Crypto Tales ! here are some useful links for you:
Official Website: https://linktr.ee/CryptotalesNFT
Bà Tân | : Allright, I declare the Im Community AMA with Crypto Tales has ended.
Thanks to @talesgeorge | Crypto Tales joined us and provided us with Crypto Tales information, we hope that this knowledge makes us understand more about https://linktr.ee/CryptotalesNFT
To the members, thank you for following this event to the end. winners will be announced soon.