AMA with Infinity Gainz Community (Documentation)
If you’re unable to join us in the AMA session with the Infinity Gainz Community, you don’t have to worry as here is the documentation of the question and answer raised.
Welcome @KanvaOfficialAccount
Hello Crypto94! Good Day to Everyone here
Briefly explain what KANVA is trying to Implement?
The project Kanva aims to bring value to the arts through Decentralized Finance. We are trying to implement a combination of the Farming platform and NFTwhich value artworks. Here is the website of Kanva, https://kanva.org/
Our token KNV can be farm to earn Palette points, which could be used to buy NFT cards with artworks about the crypto world. With the governance platform, the users/investors have the chance to submit their artwork and vote for the best every month. The chosen NFT will be added to the collections and is available to be purchased for one month. You can read more through our whitepaper.
Do you have a DEMO/MVP?
The website is already available but the Farming and NFT Platform will be to follow. The target date of the release will be on November 15. On the other hand, we can provide a screenshot of the development exclusively for this AMA. Would that be good?
Yes, please do
Alright, here are the screenshots, it is a sneak peek, there will be more revisions since the Devs are quite moving faster than we are expecting:
Very nice Aesthetics
Do you have a Github?
With regards to the GitHub repository, it will remain confidential at this development stage but, when the Beta Testing is launched it will be posted on the main net.
So everyone will have the chance to verify the code and might contribute to the creation of our project.
The team behind KANVA is the same team working on Samurai $SAM, is this correct? Is it the same Devs?
Yes, but not all developer is with KANVA. Samurai project is still ongoing and still in development, we don’t want to abandon a project, what we want is for those two to succeed and meet our investor’s expectation.
KANVA has its own set of developers working and we’re going to make sure that this project is going to be big, and get the mainstream media attention.
The team is anonymous, so how can we trust you? Many scams/rugs lately. Have you ever done KYC and would you be willing to go through the process?
We already experience x50 on Samurai and we are holding 200k+ of USD, but we didn’t take any of it and rug. We want to create a healthy environment in the crypto space, and we have no plan on scamming anyone. We gain your trust in Samurai and we are not going to waste any of it.
Regarding the KYC, since we fully trust this community and we also need the trust of the community, we are willing and ready to conduct a KYC exclusively for Infinity Gainz, details regarding this will be sent personally to Crypto94
Let’s talk about the Token Metrics.
Breakdown your Presale Metrics Completely so we fully understand it, from any lockups to Max/Min and when listing.
Including the current sale going on
Sure it will take time so, thank you for patiently waiting while I type and copy some information.
No rush, take your time
KANVA will release 48,000 KNV on its launch and never to increase. This KNV will be allocated to the following:
40% (19,200 KNV) for Token Sale
13% (6,240 KNV) to be used in UNISWAP Initial Liquidity
27% (12,960 KNV) for Ecosystem Fund which will be used for Liquidity Farming in the platform
7% (3,360 KNV) Future Development allocation (3 months lock, and the remaining released monthly for one (1) year after
3% (1,440 KNV) allocation that will be utilized for Partnership (3 months lock, and the remaining released monthly for one (1) year after
10% (4,800 KNV) are going to the Team (3 months lock, and the remaining released monthly for one (1) year after.
This is available on our Website: https://www.kanva.org/
Regarding the breakdown of our Presale Metrics:
Token Sale Hard cap: 1170 ETH
Token Sale Soft cap: 300 ETH
The token sale will be divided into three periods: Private Sale 1, Private Sale 2, and Public Sale.
These tokens are not subjected to vesting or lock-up.
Private Sale 1:
The Private Sale 1 duration is on October 17–19 with the allocation amount of 270 ETH/5100 KNV. All tokens bought from this stage will have a 10% discount, 1 ETH:18.89KNV.
Private Sale 2:
The Private Sale 2 duration is on October 19–22 with the allocation amount of 300 ETH/5100 KNV, 1 ETH:17KNV
Public Sale:
The public Sale duration is on October 23–25 with the allocation amount of 600 ETH/9000 KNV, 1 ETH = 15 KNV
Token Listing and Distribution Date:
KNV Tokens will be distributed on November 15 and will be listed immediately on Uniswap the same day along with the 432 ETH and 6240 Tokens for liquidity that will be locked for 1 year. All unsold tokens will be burnt.
The Uniswap Listing price of KNV token will be 1 ETH = 14.44 KNV
We also publish this information on our social media channels, you can view the token sale specifics here on our official Medium Channel: https://medium.com/@officialkanva/announcing-the-kanva-token-sale-7671b6e83f1
Many people are wondering, why such a long wait to list?
Thank you for asking this, many members of our main channel are asking this to us, we already said the reason but I think this AMA will be a good time to answer it again with assurance coming from me the CEO of Kanva.
The main reason we set the listing date of the KNV is that we target to launch the Farming Platform to the same date of the listing and distribution. There are too many rugs these days, if not rugs the investors are dumping. We already strongly assure that the project will not rug but there’s still another problem which is that investors might dump. But if we launch the staking platform the same day of the distribution and listing, investors rather than dumping will take the opportunity to farm their KNV. In short, it will help to avoid investors to dump their token and turn the table for KNV’s market price to dominate the market.
What can we expect from the KANVA team in the coming days after Presale is finished?
After the Presale is finished, the team will establish strong partnerships from reputable and already established projects to prepare for the long run. You can expect continuous marketing announcements starting from the Kanva social media channels. We will also start the development of the Governance platform followed by activities with community participation to fully market the Kanva. Though we are already moving even if our Presale is still up and running. Stay tuned to our Main, Ann, and Social media channels.
https://t.me/KanvaOfficial
https://t.me/KanvaOfficialAnnouncements
Do you have any current partnerships worth mentioning?
For now, we have currently removed the partnership logos on our website as we are already working and contacting partnerships and the team decides to keep it not disclosing it yet till it is final and sure.
Do you have any promoters/influencers/AMAs lined up?
Hype drives crypto and keeps the momentum going.
As much as we want to partner with most of the community here, we fully trust the Infinity Gainz, so we decided to limit the partnerships to many promoters. We aim to grow our community organically with members who trust the project other than those who just trust the “Shiller’s” We want them to examine every detail themselves.
We have already conducted an AMA with the https://t.me/gemspecialist, now with the Infinity Gainz, and soon we plan to conduct AMA as well in other communities.
To keep the momentum going our project is also doing our best to grow our community that is why we have a lot of social media channels. And also, more activities will be there so stay tuned.
The total you want to raise is 1,170 ether correct? How much have you raised so far?
As of now, we have reached the hard cap of 270 ETH in our Private sale 1, and with the start of the Private sale 2, the hard cap will be 300 ETH.
What time today does the Private Sale 2 start?
The private sale 2 is already started at 8 PM HKT
That concludes the AMA. Thank you Blaintz
Thank you so much for your time Crypto94 and the Infinity Gainz Community!
For more details and Information about Kanva, visit our website: https://www.kanva.org/
Join the Kanva Telegram Community: https://t.me/KanvaOfficial
https://t.me/KanvaOfficialAnnouncements
Follow Kanva on Twitter: https://twitter.com/KanvaOfficial
Check out Kanva
Medium: medium.com/Officialkanva
Facebook: https://www.facebook.com/kanva.defi.1
Reddit: https://www.reddit.com/user/KanvaOfficial01
Discord: KanvaOfficial#6194
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