AMA with GEM Specialist (Documentation)
KANVA AMA with AMA Specialist Documentation
==GEM SPECIALIST AMA===
By Chietrader
Question 1: Can you introduce yourself and give us short brief details about Kanva?
Answer:
KANVA is a cryptocurrency platform developed by an anonymous team of Artists, Developers, Programmers, and Cryptocurrency Enthusiasts.
It was established to push the value of art and for its patrons to have a chance to store valuable card collectibles that they can sell in the market through bridging Art and decentralized finance.
It is a place where the community and holders of various NFT’s can farm NFT and cast their vote for the future featured arts.
In this way, KANVA brings value to art through Decentralized Finance.
Question 2: Can you explain how you come up with your tokenomics. It seems the token for sale is the biggest allocation. From my calculation, you have more than 1k eth needed to raise. Why need such a huge budget?
Answer:
We are raising 1200 ETH to be exact. We estimated that 432 ETHs will be allocated for initial liquidity before the farming and the remaining funds will be for future development like our governance feature.
Question 3: Does KNV token play a huge role on Kanva platform? What is the benefit of KNV token holders in the long run?
Answer:
KNV holders are essential to the project itself, owning X number of KANVA will entitled you an opportunity to submit an NFT that is subject to voting once a month at the platform. Furthermore, Owning X number of KANVA will entitle you to have one valid vote for future NFTs that is going to be available on our platform, the NFT that will receive the highest vote from the participant will be a feature in the KANVA collection for the whole month. In addition to that winner of the voting will receive X number of that NFT and the voters will also receive X number of Palette points every month.
Question 4: So, what is Pallete in the Kanva platform? Seems interesting to me. Somehow it's almost the same as the meme concept? Did you guys inspire by that project?
Answer:
Yes! We are inspired by the meme. but in this project, we are going to add value to art through community voting.
Palette will be the only way to buy our limited edition NFT that is going to be available on the Kanva platform.
Question 5: Final question. Since your project will have token farming, NFT farming, and governance when do we expect these features to be LIVE?
Answer:
Token and NFT farming will be live in November and the governance feature will be live in Q1 2021
By Twitter Community
Question 1:
By: JeyD @kryptojeeydee
As we all know DeFi projects are booming these past few months and some made a huge impact in the community. What can @KanvaOfficial provide to its users that will encourage them to use it rather than other DeFi projects?
Answer:
Basically, the target users of Kanva are those who love and value arts. Instead of going into museums and art galleries, Kanva will bridge the gap to help them acquire valuable artworks in the form of Cards through NFT. Also, Kanva allows users to farm the KNV, to acquire Palette points that they could use to buy these artworks. The Staking and farming platform together with the integration of the NFT is what giving Kanva the edge against other DeFi projects. Its use case of bringing value to arts through DeFi and NFT will keep the supporters of Kanva grow as there’s no limited or an end on how people value arts and finance.
Question 2:
By: Troy @Troy60602563
What do you think will Kanva’s contribution to blockchain tech in the long run and its overall contribution to the community as a whole?
Answer:
The Governance feature of the Kanva is the key feature that will contribute to the community. The community can participate and submit their artwork and if it earns the greatest number of votes, it will be added to the collections and will be available for the public to buy. Kanva’s contribution to blockchain tech, in the long run, is that Kanva will be the tool to a transparent, immutable, secure, and fast exchange of featured artworks from people around the world. It is not just about giving value to the arts but valuing the community as a whole is a form of freedom to choose which artwork is the most valuable.
Question 3:
By: Cryptobrader @Cryptobraders
What is the difference/features that KANVA could give to the community compare to the other defi projects?
Answer:
The main difference of Kanva that it could give to the community compared to other DeFi projects, also its capability to provide value to artworks. Most DeFi projects usually have a staking platform but there’s no other factor that will push the project in the long run. Kanva solved that by incorporating arts and NFT to make sure that the community will not just expect price fluctuations but will be excited for featured arts every month. Thus, the active community participation will be the greatest asset of Kanva that will make it different and more valuable compared to other DeFi projects.
Question 4:
By: sneeze11 @sneeze_11
I saw the project was full of potential even without the website as of now. based on the token allocation, 7% if the KNV for future development was fully unlocked, what is the reason behind this?
Answer:
Thank you for supporting the project even if the website is still under construction. Regarding the allocation for future development, the team decided to fully unlocked it to make sure that the project has enough funds for exchange listing as it requires tokens, and to make sure that the project could achieve its goal earlier than what is indicated to the roadmap. Lastly, for other project’s expenses.
Question 5:
By:
Based on the whitepaper’s Roadmap, the project’s plan for this year was already solid and it seems like the Governance platform will be the one left which we could expect to make the community participation alive and the project to continue. Aside from Governance, do you have a long-term or future plan for the project and the community especially after Q1 2020?
Answer:
As of the moment, the team’s plan for the long term will be the Governance platform, we might also add a bidding and auction platform where the community could post their NFT’s. But the power for the decision for the future development of the projects was not just in the hands of the team, but from the community votes as well. This means that the community is also part of the team that will determine which future developments to be included in the project to make sure that it will run for the long term.
By Telegram Community
Question 1:
By: Agatha
How can KANVA be sure that the authenticity of each NFT made by users will remain unique and can’t be copied? (YATSAN)
Answer:
Each submission will be manually checked and verified by the team. There will be a schedule for submission, manual checking, voting, and listing of each NFT who are going to win.
Question 2:
By: Ayesha
You organized an AMA session very rewarding and received a lot of questions related to utilities and technology, future vision, … So now I want to ask what do you want to receive from the community?
Answer:
What we want to receive is the full community support for the project especially those who are artists (to continuously submit artworks) and for none artists to vote and provide suggestions for the team. The participation of the community to the Governance platform is what will help the project grows as they are also considered part of the team. For now, we are seeking the trust of the community to help us launch the project earlier than expected and to reach the project’s milestones such as listing to DEX and a big Centralize exchange
Question 3:
By: Ezra Zoel
What are the plans to educate, raise awareness, and adoption among the community to make more people understand the project easily as well as to non-crypto users?
Answer:
We are going to conduct an auction and live sales of traditional artwork (painting specifically) which is going to be featured as artist series NFT at the platform. In this way, traditional artist and non-crypto users will be targeted to be engaged in the project
By: Cryptolover
There were so many Proof-of-Stake Mining that a project offers but why do we invest at gem specialists and what makes it unique to other projects?
The question of what makes Kanva unique from the other project was already answered from the previous question. But why we should invest in the Gem Specialist? It is actually for the community to answer it. But for the team, the reason why we conduct AMA even if the members here is less than 400 is that most of the members here are organic and conducting their own research. But that is not just the plan, later on, we will partner with big projects and community for marketing Kanva.
Thus, we don’t force anyone to invest without knowledge of the project, you have all the freedom to support Kanva depending on how you see the project. What we can promise is to perform very well on the market, conduct good marketing, and become one of the successful projects.
By: Bradley
Can you tell us more about your marketing strategy by 2020?
We are going to target real-life crypto-collectibles company to partner with us. in that way our NFT is going to be backed by real-life assets which have real-life value.
And also partnering with famous artists is on the list
For more details and Information about Kanva, please reach our website: https://www.kanva.org/ and to our social media channels.
Telegram: https://t.me/KanvaOfficial and https://t.me/KanvaOfficialAnnouncements
Facebook: https://www.facebook.com/Kanva-Official-104203498125611/
Twitter: https://twitter.com/KanvaOfficial
Reddit: https://www.reddit.com/user/KanvaOfficial01
Discord: KanvaOfficial#6194
