AMA

AMA RECAP: HINATA x TAG VENTURES (English)

We will start our AMA with segment 1: Warm up On the DEC 3nd 2021, TAG community has a Telegram AMA with Hinata

At the AMA: jGozyb Jonathan – Founder of Hinata Foundation, Mr.lee6789 from Hinata team, introduced and shared many interesting information about Hinata.

Great, the AMA will be happening as follows:

Part 1: Warm up.
Part2: Answer the selected questions from Twitter. (5 questions)
Part3: Live Q&A (5 questions)

We will start our AMA with segment 1: Warm up

Tag: Hello @jGozyb and @lee6789 How are you doing?

@jGozyb and @lee6789 Here is the first question, I guest that many members hear want to know!

Could you please introduce your team and Hinata? @jGozyb and @lee6789

Hinata: Hello! Thanks for having me. Doing pretty good. It’s early in the morning for me here.

Happy to. Me and @tekkaadan are the original founding members, along with Sanzen and several members from The Arcadia Group who is helping us build out our project.

Tag: That interesting! @lee6789 do you want to add more information for this question?

@jGozyb That’s great to hear from you! I think we should move to the 2nd question.

@lee6789 hope to hear your sharing for the next question

@jGozyb What are the competitive advantages of Hinata compared to other projects?

Hinata: We think ETH gas prices and transaction royalties to the exchange itself (think about OpenSea’s 2.5% mandatory cut of each purchase) are the biggest hurdle for more user involvement. Hinata has tiered trading fees for those who hold our token, making it much more attractive to people who are trying to trade larger items. In some cases users will be PAID to use our platform because of our usage reward schedule, too. Not to mention, we have a great niche with anime content. There are very few projects focusing on this.

Tag: Wow, I guest your team attract a lot of amine fans arround the world, right?

Hinata: That is what we are shooting for

Tag: @jGozyb With the interesting that you mentioned above, here is the last quetion for segment 1:

Please share with us some new upcoming events, as well as big partners Hinata has been working with during its development period.

Hinata: Sure, we have our private sale concluding on launchpool.xyz on December 6th. All of our partners are under wraps for right now, but there will be some announcements this month.

There is also an airdrop snapshot for the HiNATA token to be taken next week for everybody who has followed our migration process from the original WAIFU token we launched in 2020.

After that, we will begin trading on Sushiswap + a tier 1 centralized exchange immediately

Tag: Thanks for your valuable information! I have seen your website and impressed by beautiful designs from it!

@jGozyb That is the last question of segment 1, let’s move to to segment 2:  Answer the questions from twitter (5 questions)

Tag: @jGozyb the first question from:

@babycrypto14

All project’s coins have their main Utilities & real-life use! So, Can you tell us what the main role of your token in your ecosystem? Explain its Utilities & Real-Life use cases? and Why should i invest in your token for the long term?

Hinata: The token will be launched mid-december with a total supply of 100,000,000 tokens. As mentioned before, you will be able to stake to trade with reduced fees while earning our governance token for DAO voting. The governance token will allow the community to vote on new collections to be included on the marketplace, as well as artist grant proposals and more. You can also use the HiNATA token to pay for NFTs in the marketplace. There is going to be a lot of ways to interact with the protocol and make your voice heard, even as a smaller wallet!

Tag: Thanks for your details answer, hope the auther of this question and members here catch the event as soon as possible!

@jGozyb the next question:

@BinanceLoverFa1

Does your project support staking program?, if yes, how is, your stake system work what is the requirement, for user, if they want to stake in your platform??

Hinata: Yes actually. The only way to become a DAO member and access lower fees and exclusive content is by staking the HiNATA token! All you need to do is deposit tokens into the vault or the LP Farman you will earn the governance token to help decide the future of the platform.

Tag: @jGozyb This would be the most interesting question so far!

@VnVNgcNhn2

What do you think about the Asian market in crypto? Does your project have any plans in the future to go to ASEAN which is a potential market in crypto?

Hinata: Sorry about that, in line at the airport! It’s a huge market and especially with anime content, there is a ton of room for growth. Yes we would love to go to ASEAN!

Tag: We can understand for you! We should move to the 4th question

@KiyokoSumaru

Why should we choose Hinata as our Game Portal in this Gaming Blockchain trend? What is your strength that allows you to provide the best opportunity for players? What kind of rewards await players who join Hinata?

@jGozyb hope to hear from you about this!

Hinata: We are more than just a game portal! We want to provide content for Sandbox and DCL. Our strength is gathering a bunch of in-game resources so that artists can contribute to these worlds more easily and have a team of experienced developers to rely on for implementing their work in the metaverse.

Tag: @jGozyb The last question for segment 2 from:

@DBCapital3

Can you guarantee the safety of users assets all around the world giving them the confidence that their assets is safe, secure and under their complete control?

Hinata: Yes. Our platform is non-custodial, meaning you hold all assets in your own wallets. In addition to this all of our marketplace smart contracts will be audited by a reputable third party

Tag: Security always be the most priority issue, right! Thanks you for the answer!

@jGozyb Now, we move to the Segment 3: Live questions. We will open the chat for 2 mins. After that you will choose 5 questions to answer. Are you ready?

Tag: That’s so many question, you can take your time to choose! @jGozyb

Hinata: Hinata actually means “happy place” in Japanese. It’s also a well known word in anime for those who are familiar!

Tag: Where can I buy your tokens right now what is your current contract and how can I buy them??” Will you have any other DeFI feature like staking, yiekd farm or NFT in the future?  -Can share a little about your roadmap???

Hinata: You can actually get involved and start farming the governance token right now by buying WAIF and converting it to the v2 token in our farming contract.

You can actually read up on how to do that here

The $WAIF to WAIFv2 migration has already commenced with 50% of the community already migrated over to WAIFv2 and burning the supply of our $WAIF token.

You can buy the $WAIF token from Uniswap (If you don’t own any): https://app.uniswap.org/#/swap?inputCurrency=0xb2279b6769cfba691416f00609b16244c0cf4b20&outputCurrency=ETH

You can go here at nft.waifutoken.io/farm/pool and commence the swap.

The order of token flow is as follows:

$WAIF –> $WAIFv2 –> and then $HiNATA (when it is released later this year)

PLEASE NOTE: Once you swap your $WAIF tokens to $WAIFv2, the tokens are automatically staked in a contract for you to earn the $WAIFU Reward token.

Do not be alarmed if you don’t see your balance in your wallet. They are just being staked

What is WAIFv2?

WAIFv2 is the whitelist token that you will need to participate in the HiNATA token community allocation. This is a NON-TRANSFERABLE token that has two (temporary) use-cases.

1) WAIFv2 lets users burn their $WAIF token and swap over to get WAIFv2, this will give the users an allocation for the HiNATA airdrop.

2) WAIFv2 was also created so that users can still stake the token to earn the $WAIFU Reward Token (not to be confused with $WAIF) so that they can earn the rewards and be able to participate in the NFT drops as well as DAO voting.

Once the HiNATA token is airdropped, the WAIFv2 token will become useless. Swapping from $WAIF to $WAIFv2 is a one way ticket and the process is IRREVERSABLE.

Why should I swap?

If you want the HiNATA airdrop, you will need to swap over. Otherwise, you will have to end up buying the HiNATA token from the secondary market at a bigger mark-up.

You can swap over at nft.waifutoken.io to swap over. There is also a snapshot date in early December for $WAIFv2 and $WAIF holders so we advise to swap over before hand.

Tag: How do you plan to spread awareness about your project in different countries where English is not good? Do you have local communities like Vietnam, Indonesia, Thailand, Korea,.. so they can better understand your project?

Hinata: We are in the process of building a bunch of international communities, and we will also have several language translations for the HiNATA app!

Tag: How did you get the community involved in developing the project? and how do you build a strong community to grow globally?

Hinata: Since we are a DAO there is the opportunity for everybody to benefit and be involved.

Tag: @jGozyb That so suprise that you answer 5 quetions at one!

@jGozyb @lee6789 Thanks you for spending time in our AMA tonight! We would love to joining fantastic events and campaigns for HiNATA in the near future!

Hinata: Thanks for inviting us to talk about our project!

Tag: You’re welcom! Hope you guys doing well! @jGozyb and @lee6789

That is the end of our AMA tonight! Thank 2 special guests and our traslator @hoangphin

We would love to announce to our members in the community! Thanks you! @lee6789 and @jGozyb