On April 27th 2021, Twinci team and Twinci representative: Ms. April — Public Relations Manager of Twinci, had a chance to have an AMA with Binance Community (link group) with the theme #NFT world and Twinci’s future development plans, to give fruitful information about the Twinci project — the first NFTs social marketplace on Binance Smart Chain.
At this AMA, Ms. April directly greeted the community and provided detailed information on Twinci as well as answered all the questions made by Binance Community.
Time: 11:00 UTC time on Tuesday, April 27th, 2021
Kori: AMA (Ask Me Anything) on our Telegram is live with Twinci! 📍 https://t.me/BinanceDEXchange
📣📣📣 Do not panic! You are not banned, you will just be mute for the duration of the AMA on Binance Smart Chain official group.
The AMA will go like this:
👉 Part 1:
- The chat will be closed and Binance Angels will ask questions to the Twinci today.
- Twinci will answer the questions
- Then we will open the chat for the community. And you will be able to ask your questions 🙂
- Twinci team will answer the most interesting questions you’ll ask in the chat.
🎁 $150 to share between the 3 first questions answered
Kori: #AMA Hey @aprilpTwinci
Can you please introduce yourself ?
April: Hello everyone, it’s my pleasure to be here.
I’m April: P.R. Manager of Twinci.
I have been in the crypto world for a while, and it has been my passion to devote myself to the community until one day, I joined Twinci. This is a brilliant start up project that suits my enthusiasm and really brings benefits to the world.
Kori: #AMA Great thanks 🙂. As you are one of the few NFT expert 🙂.
I’ll like to ask you. What’s your definition of NFTs?
April: Yes, for a long time, people have attached emotional and aesthetic value to physical products, and are willing to pay a lot of money for them. Furthermore, digital products often cannot have the same value because they are easily copied, shared, and stolen.
However, NFT technology changed that, by creating a single, official version in the form of a digital product on the blockchain, allowing artists, musicians, and influencers to earn more money.
For us, NFTs is the way we help fans get to buy authentic items from their idols and for artists to get permanent royalties for their works!
Rafael (Binance Angel) 🇧🇷: Nice this!
Kori: #AMA thks 🙂. Can you please introduce your project and the problems you want to solve / Solutions you are proposing ?
April: For sure!
Twinci is the first NFTs social marketplace, where you can Create, Sell and Collect digital works that are kept safe by blockchain. We are on Binance Smart Chain with Interoperability, Cheap Transactions and fast Transaction Speed. Twinci aims to connects content creators with artworks hunters and create an ecosystem for buying and selling digital products in which KOLs have permanent royalties and collectors can verify the origin of the products, and trade them to generate income.
About the social feature, Twinci provides users with the ability to interact (by following each other, catching up with the updates from others in newsfeed, react to their NFTs), donate tokens to their beloved ones and more than that!
Before, users usually experience very high fees and lagging processes when minting an NFT because many traditional marketplaces are built on ETH chain. Our Dapp has managed to solve these problems while remaining the best of the NFT technology. The social feature we are integrating is a plus point to make us stand out.
Rafael (Binance Angel) 🇧🇷: Amazing!
Rafael (Binance Angel) 🇧🇷 : #AMA And I have some questions for you!
1) Could you also give our community some recent updates on “Your Project”?
April: For sure. We do have a lot going on, and we expect having more in the next phase to come.
Let me put it in time order for you:
Also, we are developing our social feature and it will be released soon
That’s the big events. We had many small but memorable milestones like 20.000 members on Telegram, 10.000 followers on Twitter, top 1 Social Signal of Marketplace on Dapp.com and many of them. It’s all thanks to the community and we really appreciate it. ☺️☺️☺️
Rafael (Binance Angel) 🇧🇷: Airdrop event! 😍🤯
April: yes, please join with us! 👍👍
Rafael (Binance Angel) 🇧🇷 : #AMA Perfectly! And next question! What’s the focus of the now? Build and develop products, win customers and users or partnerships? Are there any plans to burn or block unsold tokens? How do you control cost and security?
April: We are focusing on building a social network of NFTs where users can earn money by creating and trading NFTs, in addition to that, they can also interact with each other like Instagram social network and receiving donation tokens for creating NFTs favoured by others.
We have a professional and powerful team to develop all 3: building products, expanding customers and partners.
We locked our own 3 million tokens for a year.
The value grows according to the number of users and their needs, because in the Twinci ecosystem, everything is paid with TWIN token.
Twinci will schedule a product audit when we reach 10k users.
Kori: Congratulations 🙂
April: thanks, we really appreciate it!
Faizan (Binance Angel) 🇮🇳: Cool
Rafael (Binance Angel) 🇧🇷 : #AMA Awesome! Third question! I noticed that you have a lot of community events to reward users with. In addition to PR for Twinci, what other values do you expect from these events, and will there be any more exciting reward programs coming in the future to keep everyone engaged in the project?
April: In addition to marketing purposes we also want users to experience the platform and give us feedback so we can make it better in the future.
There are 2 programs that we are running:
1. Wednesday NFTs: users create NFTs and share it on Twitter. Whoever receives the most likes and retweets will receive $500, and the event is renewed every week.
2. Lucky NFTs: 1 lucky user who buys NFTs issued by us will receive a reward of $1,000
Faizan (Binance Angel) 🇮🇳: #AMA Nice!!! with this quick answer again @aprilpTwinci we came to ask you Question no 4th : ) Can we?
Rafael (Binance Angel) 🇧🇷 : Wow! :O
April: Super! Let’s do it ;)
Faizan (Binance Angel) 🇮🇳: Q. — 4 What about the supply of Twinci? Can you tell us more about tokenomics and your Roadmap?
April: We have a total supply of 5 million. Take a look at this graphic for more details about our tokenomics:
Faizan (Binance Angel) 🇮🇳: that’s in detail for the tokenomics!
April: We are very much on schedule, now is April of 2021. You can take a look at our Roadmap here: https://twinci.io/#roadmap
Circulating now is around 200,000.
Faizan (Binance Angel) 🇮🇳:#AMA Great, Here 5th Question awaits your good answer again 😉
April: I’m excited ;)
Faizan (Binance Angel) 🇮🇳: Q. 5 — What are your competitors and what make your project superior to your peer competitors in the same niche?
April: Well, we are actually the one and only if considering all the features that we are having and building. However, maybe we can say Rarible is a competitor when it comes to NFTs marketplace.
We are new and may not have the same reputation as they have been here for a while, however I believe that in the long term, Twinci will get even further.
Our Dapp is built on Binance Smart Chain, which offers interoperability, cheap transactions (When mint NFTs/ putting on sale/…) and flashing speed. It also expand the world of users by integrating social feature. While it takes up to hundred dollars to mint an NFT at Rarible, we only cost 1–2. Artists can create NFTs without any thinking about the fee.
And about social feature, we are creating a place to provide users with the ability to interact (by following each other, catching up with the updates from others in newsfeed, react to their NFTs), and donate tokens to their beloved ones. This is to maximize users’ interaction with the Dapp and with one another, and makes us totally different to others.
Faizan (Binance Angel) 🇮🇳: #AMA Yes BSC is super cheap comparatively 🙃
Question No — 6 Here We Go!!!
Faizan (Binance Angel) 🇮🇳: Q. 6 — What are short-term and long-term goals of Twinci in the upcoming time?
April: For short term, we want to reach our target of 10,000 users in May and Market cap of $100 million and complete phase 2 for the platform by July.
Long term: We want to become one of the largest NFTs social networks and bring a lot of benefits to our users.
Faizan (Binance Angel) 🇮🇳: Commitment always turns such aims into reality! 🙂
Faizan (Binance Angel) 🇮🇳: We appreciate all your good answer about Twinci. Thanks again, before we move into community segment I need some info!
Thank you for your time and all your answers. What is the best way to follow all your upcoming news and updates ?
April: It’s our pleasure to be able to share with the community today! All the newest updates can be found at:
Faizan (Binance Angel) 🇮🇳: Here are the official links of Twinci Dear Community 🙂
Kori will be opening the chat in few seconds for your good questions : ) Are You ready community? 🤓
I’m sure our host @aprilpTwinci is ready for some good questions!
Kori: Prepare your questions please. Now, and I will open the chat
Rafael (Binance Angel) 🇧🇷 : Let’s go guys! lets open the chat 🙂
Kori: The chat is now close 🙂
Faizan (Binance Angel) 🇮🇳: Haha Floor is Yours @aprilpTwinci Aren’t they many? 😁
Q: #AMA 1, How will investors benefit from joining TWINCI, and how $TWIN increase its value?
April: So many questions, thank you every one!! I will choose 3 questions to answer:
You can use Twinci in:
1. Create NFTs
2. Use Twin to buy NFTs
4. Donate token to your favourite NFTs
All the above things will help to grow the value of Twinci, as many people start to use the Dapp when the max supply is 5 million and 3 million is locked
Kori: 2 more questions 🙂
Q: #AMA 2, Referral programs attract lot of crypto users to a project, Will Twinci launch a referral program soon ?
April: Next month, we will launch a referral program for users to recommend our platform to other and get token rewards, depending on the number of users they get.
This is a program that never happens before and we spend a budget of $500,000 to develop this program
Kori: 1 last one 🙂
Q: #AMA 3, What is weaknesses of $ Twinci whose you want to improve in future? What is future pIans of increasing your ecosystem?
April: Currently, there are quite a lot of NFTs Marketplaces, we are participating in a very competitive market.
However, we are trying our best by adding to our ecosystem:
Kori: Thank you a lot april 🙂
April: That’s the 3 best questions! Thank you everyone for the kind support!!!
✨ Thank you again to Binance Chain Community for a fantastic AMA and congratulations to the winners. Please contact us to claim the bonus.
Twinci | The first NFTs social — marketplace on Binance Smart Chain.