AMA

AMA RECAP: FUSIBLE x TAG (English)

On the 8th of February, TAG community has a Telegram AMA with FUSIBLE .
At the AMA, Santosh A– Founding Partner  and introduce and share many Interesting information about FUSIBLE.

– Place :  https://t.me/FusibleVietnam

– Time : 20h00 (UTC+7) February 8th, 2021 at https://t.me/FusibleVietnam

– Airdrop : 150$

And here are the key takeaways of the AMA:
TAG: The AMA would be happened as follows
Segment 1: Greeting and Introduction.
Segment 2: Answer the closed questions from twitter (5 questions)
Segment 3: Live Q&A session (5 questions)

TAG: Firstly, Could you please introduce about yourself and FUSIBLE?

FUSIBLE: Hello everyone. I am Santosh, Founder of Fusible, Computer Engineer by profession.
I was a part of freelancing gigs for crypto projects in early 2015-2017. Also, ran a mining rig in early 2017.

Then there is the Co-Founder, Prashant Kale,who completed Masters in International Business from Manchester, UK.

He previously co-founded a digital marketing company to scale financial clients worldwide.
And our team consists of a young talented pool of developers. Working overnight to bring you fusible in a few weeks .

As the world in finance,especially in terms of digital currency, is evolving, so is the technology behind it.

We at Fusible are trying to make it easier and effective for NFT holders & collectors..
While auctions have been the most popular way of trading NFTs, they are not as efficient as
traditional open order book based bids\asks mechanism price discovery.
Since NFTs are non-fungible, the open order mechanisms pose certain constraints.

Time is another constraint that auctions suffer from. Creators have to either settle for the
highest bid obtained in a specified period of time, or will have to wait indefinitely for liquidity till a bidder emerges and matches the ask.

At Fusible, a seller can liquefy their NFTs into fractional parts which will help them trade it effectively. And due to this momentum of price action of fractional parts the whole worth of NFT is discovered.

TAG:  And next, What are the competitive advantages of Fusible compared to other projects?

FUSIBLE: Fusible protocol in itself is a killer feature and pioneer in price discovery for NFTs.
It is the only project which let’s users own fractional parts of NFTs and trade against liquid.
And as of today there are no competitor in price discovery protocol for NFTs.

TAG :  3 And now please share with us some new upcoming events, as well as big partners Fusible has been working with during its development period

FUSIBLE: Crypto Artist spotlight is one of the upcoming events which is lined up!
And a shoutout to CryptoArtist across Vietnam You guys are inspiration and motivators for us.

And more on partnerships shall be communicated over Fusible’s announcement channel: @fusibleio_ann

Crypto Artist spotlight is one of the upcoming events which is lined up! And a shoutout to CryptoArtist across Vietnam You guys

And now we will turn to segment 2: Answer the questions from twitter

TAG: The first questions is from @Prettyboy071
Can you list killer features of Fusible that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about ?

FUSIBLE: As I mentioned before, Fusible protocol in itself is a killer feature and pioneer in price discovery for NFTs.
It is the only project which let’s users own fractional parts of NFTs and trade against liquid.
I am vert confident in Crypto artists, Collectors and Crypto users to take advantage of our protocol .

TAG: The second question is from @CryptoSaintJohn
What problem does FUSIBLE want to solve, especially in the blockchain technology?

FUSIBLE: We are aligned with solving the economics of price discovery problems faced by NFTs on the blockchain.
Which in retrospect can aid in solving reward distribution or price distribution problems in blockchain technology.

One of the recent advances is EIP 1559, which is working on price discovery for gas fees like we do for NFTs value.

TAG: 3 The third question is from @Jacky69736390
How do you plan to spread awareness about your project in different countries where English is not spoken well? Do you have local communities for them to let them better understand about your project?

FUSIBLE: Yes, we certainly do have plans which will be set in motion as early as Q3 or later to spread awareness about the project and help in onboarding cryptoartist into fusible

TAG: 4  And now let’s move on to the question from@dungbn1998
– Increasing Token price
– Making Token Valuable
– Building Community Trust
From 3 aspects above, I want to ask, Which one the most important for you?
If all above are important for you,. Which one that Will you do first?

FUSIBLE:: Artist Community, Collector Community, Governing & User Community.
Inshort community who engage with the platform and mutual share our journey towards price discovery! Also, here is a sneak peak what we are building

TAG: 5 And the last question is from @QuyenCao93
Many new projects develop well at first, but then fail to achieve good results. How will you manage and develop your project to gain a position in the market and become a good project in the blockchain industry?

FUSIBLE: We are here to stay, NFT marketplace is at very beginning in crypto. Only way to sustain is to buidl, grow community and deliver.
And with blessing and wishes from community we are hopeful to succeed.

Now we turn to Segment 3: Live Q&A session (5 questions)

TAG: 1 Government regulations has wrenched many of these crypto projects , how will FUSIBLE project its users from getting affected while investigating in FUSIBLE ?

FUSIBLE: Beauty of our protocol is that it live, eats, breathes on blockchain when we go live.
That way are decentralized in nature. So the question of being investigated by community run protocol is out of question. Ty for your question.

TAG: 2 I’m a developer, and I’m interested in contributing to your project alongsides earning, Do you have any Bug Bounty to check for vulnerabilities ?

FUSIBLE: Please keep an eye on @fusibleio_ann where we will announce the bug bounty programs for testnest 🙂

TAG: Staking seem to be popular right now on many blockchain project. Can you please explain the detail about $ FUSIBLE staking plan and the benefits of adding “staking”???

FUSIBLE: Staking seem to be popular right now on many blockchain project, By Staking $FUSI you ll be rewarded extra $FUSI upto 4000 FUSI per day on our fusible platform.

TAG: Can members of the FUSIBLE ecosystem get FUSIBLE tokens participating in the FUSIBLE programs? What does your member incentive system include?

FUSIBLE: We have about 35% of our supply vested for this.
To encourage to use fusible platform and get rewarded upto 4000 FUSI platform per day for doing so. Cheers.

TAG: 5 It’s quite unfortunate that many projects have infiltrated the market with just white papers without having any genuine use cases. What are the main utilities of your coin?

FUSIBLE: Community Governance!!!!
User staking /holding $FUSI get to govern the FUSIBLE PLATFORM making it much more decentralized in nature!

Tag: Thanks so much for taking your time with very detail answers ! Hope that TAG would be the great partner in Vietnam.

FUSIBLE: Thank you hosting me in your wonderful community