NFT can be described as a phenomenon-level track in the encryption world in 2021. The innovative measure of content chaining will open up a new entrepreneurial path for encryption technology developers, traditional art creators, and digital asset investors.
The resulting various NFT projects focus on different subdivisions. StartFi, based on the Ethereum public chain and linked to the Web3.0 network, is committed to developing a new and more efficient financing method for art creators, and benefiting ordinary investors, truly achieving a win-win situation for the platform, creators and investors . In addition, StartFi also launched INO (initial NFT issuance), a new way to build a strong cohesive community club.
Q1: Please introduce yourself and your team.
The following is a record of the community interview, organized by Odaily:
Q1: Please introduce yourself and your team.
Mo Komy:Hello everyone, I am Mo Komy, the CEO of StartFi. I have worked in the Internet technology industry for 17 years, from a web developer to a serial entrepreneur. Started mining bitcoin in 2013, and started trading cryptocurrencies every day since 2016. The opportunity for me to enter the blockchain industry was that I built a payment system on the Stellar network in 2017 and invested in some startups in the fields of blockchain, technology finance and e-commerce. I will be spending all my time on StartFi because I see a bright future for NFTs in the content creation industry.
Rob:I'm Rob, the CTO of StartFi. It has been 3 years since I met Mo and worked with him in the blockchain industry. I live and work full time in Canada. I'm an enterprise architect with extensive software development and architect experience. Also, I am very passionate about blockchain. I firmly believe that blockchain is the future.
I've seen it impact existing solutions from the Canadian government. This is very important if you know how the government works. I believe in two things: data processing and distributed technology. Both of these methods will put you on the right track to progress and achieve success. That's why I'm here today.
We also have a well-known advocate in the blockchain technology space. Eaman Herawy is one of our top technology leaders. Our technical team is now 6 members and we are growing and hiring more people. Our Chief Marketing Executive, Amy, has a team of experienced marketing experts, community managers, and content writers who are helping her grow our StartFi community.
Q2: Why did you choose to enter the NFT field? What problems in the art field can be solved through StartFi?
Mo Komy:Our mission is to help content creators, such as opinion leaders, authors, artists, etc., manage their own content and make it NFT.
Q3: What are the main product forms? Please introduce them separately.
Mo Komy:StartFi will provide an exchange based on content transactions and bidding, and more importantly, launch an initial NFT issuance (INO) platform to fund the projects of content entrepreneurs so that they can acquire their fans at a more favorable price.
Q4: What is the difference between StartFi and other NFT projects? What is StartFi's competitive advantage?
Mo Komy:We are building a platform for content creators and fans, etc., who do not need computer skills. We hired UX and UI designers from outside the blockchain ecosystem, as well as usability testers to help us build such a user-friendly platform.
We are working with projects such as Polygon (Matic) and Nervos to integrate with EVM-compatible blockchains such as BSC, Ethereum, and Solana to provide compatibility and interoperability. This will give users the flexibility to use their preferred blockchain at a lower cost and barrier to entry for them.
Q5: Who are StartFi's investment institutions and partners? Do you plan to cooperate with any entertainment companies (such as MCN)?
Mo Komy:StartFi has successfully completed seed and private funding rounds, raising $1.4 million. Co-founders are very picky and careful in choosing their investors. We turned away many investors who were only interested in making a quick profit and had no interest in advising us or showing a commitment to staying on our team for the long term. You can see a list of our investors and advisors on our website.
Amy is our Chief Marketing Officer, she is connected to a lot of influencers, we have partnered with a lot of KOLs to help us grow our community. All contracted KOLs are also investing in our projects. This is very important to us as it demonstrates our long-term commitment.
Q6: From the mechanism level, how does StartFi protect the rights and interests of creators and investors?
Mo Komy:All interactions and actions of content creators and other users are written to the blockchain or IPFS, which is a peer-to-peer media protocol storage. This means that operations on our platform are safe and cannot be tricked or imitated. In addition, all creator content is managed by our smart contracts. Our team has the knowledge and experience to write reliable, secure and cost-effective smart contracts.
Q7: Please introduce our INO mechanism?
Mo Komy:INO is the meaning of the first NFT issuance. Content creators, including authors, video bloggers and painters, can use their projects to raise funds, which is a win-win situation for authors and fans. Through INO, content creators will receive funds to better complete their creations, and users will also be able to access works in advance at discounted prices. In addition, users can also benefit from reselling NFT.
Q8: How does the StartFi platform connect content creators and fans? How do the three interact?
Mo Komy:StartFi encourages healthy, organic interactions within the community. We reached out to many content creators and influencers to validate our business model and their feedback was reassuring and very positive. Many content creators have expressed their need for a place like StartFi to curate their content and allow them to share content and view their work. Because when necessary, they need to raise funds from fans and reward the earliest users who support themselves.
Because sometimes they need to get their fans ready to raise money before the content and give their loyal supporters early access and discounts.
We sign up some of the top YouTubers, and once we're live, we'll start selling their content. If some of our fans believe they have good content and a strong fan base, now is their chance to get in touch with us. In fact, all early risers get great support from us, such as managing their campaigns, marketing and bonus rewards.
Q9: What is the next step of the platform? What are the major actions?
Mo Komy:We look forward to going live with the most valuable entertainers in mid-June. Afterwards, our team will focus on the next milestone on our roadmap, integrating Nervos and Polygon (Matic). Our vision for StartFi is to build a globally renowned platform for content creators, for influencers to raise funds, and to provide early access to their users on multiple EVM blockchains such as Ethereum and BSC, while Provide cheap fees and flexible content management using NFT and smart contracts.
Q10: Please introduce the application scenarios of the platform token and introduce its economic model.
Mo Komy:Our token will be the medium of exchange for the exchange, who can buy/sell content and raise funds. But the main use will be governance, which means token holders will vote to launch platform projects, which will make our platform more decentralized and give users more power to participate with creators.
Rewards will also be one of the uses of the token, which will be used for revenue sharing between sellers and buyers. So, at the end of the day, everyone shares benefits with the platform as part of the system.
Community question:
Community question:
Q1: How to shape the long-term value of the StartFi token?
Mo Komy:The NFT trading platform established by StartFi will use our platform pass as the trading medium, and all transactions will be settled with the platform pass. The tokens with a constant total amount will become scarce as the trading volume of the platform expands.
Q2: Is there any airdrop activity? How can ordinary users participate?
Mo Komy:We will announce the details of the airdrop candy event next week. We are currently preparing the form and rules of the airdrop event. Please follow our social media accounts and the details will be announced next Monday.
