spoke in-depth during AMA session with Kommunitas. Feel free to read the recap below.
SEGMENT 1: INTRODUCTION QUESTIONS
Question 1: The bank of the future is here with the NFTuLoan tokens. We would love to understand the idea behind the token. How does the token become a bank for the NFTs and all other forms of digital assets?
Mr. Joni: Yes of course, NFTuloan is here to offer liquidity to all the digital assets.
Flash loan NFT for all Digital Assets (NFT) Art, Collectibles, Domain names, Music, Photography, Sports, Trading cards, Utility, Virtual worlds, Play2earn..
The Only NFT service thats gives real value to your jpeg. Creators and Collection send your NFT on steroid!
This totally defi loan protocol instantly and unprecedented opportunities to borrowers to enhance their NFT portfolio. On the other hand, You can stake your ETH and receive 70% from the liquidity pool fees and paybacks up to 399% APR
Our business model is base on reward the user who lend their eth. And give them back 70% of the fees. This is how we can offer nice yield.
Question 2: The NFT marketplace access is available at a 30% discount. Why the distressed deal?
Mr. Joni: Yes first able to access to our marketplace you need to hold Genesis Alpha Pass.
In our marketplace, you will have the possibilities to buy at 30% discount all the NFT where the borrowers could not success to reimburse their loan.
Question 3: Additionally, there seem to be quite a few additional benefits and access. What are the other benefits of owning an NFTuLoan token?
Mr. Joni: ULOAN’s advantage
1. Access to our NFT marketplace only distressed deal -30% discount
2. Reduced fees against interest due on NFT loans
3. Increase +20% NFT LTV Be an early bird and increase your net worth as an early adopter
4. Vote dao and decision for all the liquidity protocol
Question 4: Moreover, your two private sales are sold out now. What is next for the NFTuLoan? Do you have another presale coming up? When is the public mint?
Mr. Joni: Actually we give opportunities to more people to join us on 26th june for our mint drop and get a chance to hold a Genesis Alpha Pass.
infos here NFTuLoan Genesis Access Pass
Benefits of the genesis access pass
1 Access to our NFT exclusive marketplace only distressed deal -30% discount
2 Own 30,000 $ULOAN token you early bird price (Potential return x70)
3 Exclusive access to STAKE $ULOAN
4 Exclusive access to Add liquidity $ETH 30% APY
5 Lifetime access in our Alpha group chat
6 Access to partners project’s Whitelist
7 DAO and decision for the next features
Question 5: Also, what would be the price of the token at the public mint?
Mr. Joni: Genesis Pass will 0.2 eth on presales and 0.3 eth on public
and give you 30,000 $uloan token
SEGMENT 2: LIVE SESSION
Question 1: What are the stages of product development, achievements and plans for the near future??
Mr. Joni: Good Question!
We are live on testnet and we hire the major security company to audit the code
the platform will be live after we fix all major security bugs
Question 2: @NFT_uloan Where I can get the latest updates or more information about the project?
Mr. Joni: For daily news feel free to join our
Question 3: Do you have any Bug Bounty to check for weakness? In what way do you plan to make Your project more complete??
Mr. Joni: Yes we just signed with a partner for bug bounty program , it ll be open with the platform
Question 4: BSC is really in trending now because it has low gas fee and high transaction speed. Have you any plan to move on BSC?BSC is really in trending now because it has low gas fee and high transaction speed. Have you any plan to move on BSC?
Mr. Joni: yes our v1 is in Eth
and in next quarter we will release our service on BNBchain and Polygon
Question 5: For a project development first of all main priority is having enough fund. Does your team financially capable to run this project? Do you have enough fund for it’s developement Can you tell us that how your project generate the profit?
Mr. Joni: yes we successfully secure funds in our round 1 and 2, and now our product is about to be launch we are focus on the marketing and promotion
SEGMENT 3: LEARN AND EARN
Question 1: what is the name of our nft?
Answer: genesis access pass
Question 2: how many uloan token you will get?
Question 3: when is the presale?
Answer:26th June 2022 9pm UTC
Question 4: what u can do with nftuloan s platform? name 3 things
Answer:Stake, buy nft, loan
Question 5: what s the maximum LTV we offer against your NFT?