AMA Recap with TRIBE
Tuesday, 26 October 2021, 6 PM UTC
Hello, welcome to the Hidden Gems community, It’s an honor to invite you to our community
Federico : Thanks are to you and your community for receiving me (And @FabriTRIBE) and being able to tell you about @TribeEN
Fabrizio : Hi everyone! It is a pleasure to be here
Before we start our first session can you introduce yourself, your background and your team if you have a team working with you on Tribe
Federico : My name is Federico, I am Argentine, and I am accompanied by my partner and friend, @FabriTRIBE. To tell you a little about me, it is appropriate to start since I have been an investor and trader for some years now. I have concentrated mainly on the stock market and cryptocurrencies of course.
I am currently CM at @MemepadOfficial and founder of @TribeEN. One of the fields to highlight about me in the crypto world is having been one of the first CMs of PancakeSwap and the founder of its Spanish-speaking community.
Fabrizio, my partner, has devoted many years to interpersonal relationships and marketing.
Fabrizio : My name is Fabrizio, also Argentine, and I have been investing for a long time. Really my strength and experience is in marketing and interpersonal relationships, and this is what I dedicated myself to for years. With Federico, in parallel but on separate paths, we were undertaking the same type of project, which we considered the best we could do was to unite and instead of being competitors, to be partners.
SESSION PROJECT INTRODUCTION
Q1. Can you introduce Tribe to our community?
Federico : TRIBE (Powered by its $TRIBEX token) is a launchpad of exclusive and celebrity NFTs. Something that perhaps not many associated with is that when we say “celebrities” we are not just limited to people. We also refer to brands, companies, sports teams, collections that add value to the community and much more.
Q2. What are the core features of Tribe? How are you different and unique from all other projects out there?
We are going to start with the technical part that is the simplest to explain. We currently have three types of contracts: Token, Staking and NFT Launch.
These contracts are audited from day one by @SolidProof, therefore our current blockchain part supports the security and seriousness of the project. The current and initial functions will be: The token of course (An asset susceptible of value), two staking pools and launch of NFTs.
Once we hit the market we will have two staking pools that will pay 50% and 100% per year. The great and one difference of these is that the 100% pool is blocked for 90 days and offers double the allocation and double the rewards than the other one.
Regarding the process of sale and distribution of NFTs, it will be divided into two parts: No holders and holders.
There will be an edition in all the collections that will be unlimited and of a very low price destined to the celebrity communities mainly and to anyone who wants to access. The other three editions will be destined to the holders and will differentiate the exclusivity of each one according to the tier level: Caveman, Gladiator and CryptoKing. Of course the exclusivity of these will be ascendant.
What makes us different from other projects on the market? On the one hand, we are the first to do celebrity NFTs on the Binance Smart Chain. On the other hand, our business model is based on a technically simple and foolproof system, but unmatched business scalability.
Q3. There is one thing that caught my attention on your pitchdeck (That for those who have not read it, you can find it here: https://drive.google.com/file/d/1XhvzDbpNC0dvCAIJC__4InzHEl07ohBh/view). I see you say that angel investors, private investors and public investors all access the same price? How is that?
Federico : It is an item that really fills us with pride to have been able to carry it out. As everyone knows, normally a project launch consists of private investors (Angeles, VC, among others) and public investors. It is a common practice that private investors have a more profitable price than those of public investment.
At TRIBE we are so confident in the value of our project that we were able to afford to turn down a lot of money when capital was not aligned with our visions and conditions. One of the exclusive conditions for all investors (both angels and private) was that all (including IDO investors) will access the same price. No one can have privilege over others. This is an item that really fills us with pride since the conception of TRIBE is made from the side of the community and designed for the benefit of the community.
Q4. On your website, on one of the cards, you mention “Scheduled Burns”. Would you mind expanding a bit on that item?
Federico : The concept of “Scheduled Burns” is a way of saying that we have a manual deflationary system.
Yes, $TRIBEX is a deflationary token.
The way this is done is very simple: In each release of NFTs, a percentage is for the personality of the NFT (Celebrity, brand, sports team, among others) and another small percentage is for TRIBE. In addition to using this percentage to finance the activities of the company, a part of the amount that corresponds to Tribe will be used to buy tokens in the market and burn them.
Q5. Could you please explain, what are your upcoming plans in a couple of month/years?
Federico : What we can tell you is this: Prior to the release on @MemePadOfficial and @PolyPlayGames, we have a very fine marketing strategy already structured. Among them are daily AMAs in different groups every day
One of the AMAs will be in front of a community of 7,000,000 monthly users and is already committed for this Friday 29 at 6 PM UTC.
When it comes to functions and innovation, we have many ideas to carry out. One of them is the concept of “TribePOP” that the only thing I can tell you for now is the name, but I assure you that it is something that no one has done in the entire crypto ecosystem.
Additionally, we also intend in the coming months to start with the NFTs marketplace, the independent NFT minting platform for users and, in the future, to introduce Tribe into the metaverse.
And we are open to suggestions of course.
SESSION TWITTER QUESTIONS
Q1. Many projects start but get stuck along the way, could you tell me if you plan to stay active and offer projects and opportunities to the community in the long term?
Federico : Indeed, our goal from the conception of TRIBE is to make an initially simple (but scalable) business model that lasts over time. We consider that even so without introducing any new functions (only taking into account the ones we already have now) it will be the project that lasts many years.
Q2. Once the product is developed, one of the main challenges seems to be adoption. What are some of the plans to stimulate adoption and build out the ecosystem around TribeBsc?
Federico : The project was born with marketing as one of its central pillars
To begin with, we know that our model is efficient for multiple reasons, but there is an extremely simple, but efficient one: CELEBRITIES.
The personalities (physical or legal) who participate in the launch of their NFTs in Tribe, will be in charge of promoting their collections. Since simply, if they do not promote their content to their community, they will not be able to sell, so mass marketing could say that “it is within our source code” haha
Q3. Is Tribe filtering which project will get their launchpad?
Federico : Yes, we want quality content and collections for quality investors.
Our business model focuses on the good image that we want to convey to each person, so it would be counterproductive for us to go out and sell a collection that does not have scope or that is not aligned with the intention / image of the brand.
Q4. Tokens from all projects have main utility & practical goals! So can you tell us what the main role of $TRIBE is in your ecosystem? Explain the utility & use cases in the real world?
Federico : Access to exclusive celebrity NFTs. Without being a $TRIBEX holder one will have the ability to buy the open edition (unlimited sale at launch), of course. But, being a Tribe holder, you have the ability to access exclusive and limited celebrity NFTs.
Q5. Where can I buy your tokens now,, what are your current contracts and how can I buy them and what are the benefits??
Federico : To participate in the TRIBE IDO, you have to join @MemePadOfficial and wait for the official announcements regarding the launch date.
We have audited Token, staking and IDO (NFT launch) contracts with @SolidProof
SESSION FREE ASKING
Q1. I read something about tribepop. It will be the great tribe hit, what is that?
Fabrizio : Yes, our big hit will be “TribePop” which is all I can tell you so far, plus a first reveal from a big name artist. With a community of 3.3 million followers on instagram
Q2. I can see on the TRIBE website that a large percentage of TRIBE’s net profits will go to buyback and burn $TRIBEX tokens. Would you be more specific about it, how does it progress over time, how much percentage of TRIBE’s net profits will be spent on this?
Federico : Indeed, when I spoke of a deflationary system, I was referring to this.
We do not have a percentage “set in stone” but the intention is for it to be 10%.
Q3. Do you also have an ambassador program to expand globally? Can we join as an ambassador?
Federico : Initially yes, we have an ambassador program as well as a creator program (Mainly for influencers and social media marketing). We will tell you more about #TRIBECreators shortly.
Q4. Do you also build NFT ?
Federico : Initially we are going to partner with BinanceNFT for the process of creating NFTs. Since we believe that the association with other companies is the best way to expose the project. But Yes, the intention is to be able to create our own NFTs from the BSC directly.
Q5. What plans do have to increase and maintain the value of $ tokens in the long term? What are the benefits of holding?
Federico : We have many locking systems and vesting planned. For example, the market launch will have 83% of the balances blocked or vested.
Project Details:
Website : http://tribetoken.app/
Telegram Group : http://t.me/TribeEN
Telegram Channel : http://t.me/tribeBSC
Twitter : http://twitter.com/tribeBSC
Pitch : https://drive.google.com/file/d/1XhvzDbpNC0dvCAIJC__4InzHEl07ohBh/view
