AMAZY Live AMA
7th July 2022
Welcome to the AMAZY Live AMA with The Gem Hunters, we would like to thank the team for attending today!
Running Beast | TGH
Let's kick off with some introduction.
Please introduce yourself to the community?
Please tell us about your journey so far, experience and expertise in the Crypto field.
Stan | Amazy team
My name is Stanislav Zhupin. I am the CPO at AMAZY. My experience in Web 3.0 is more than 7 years. I started getting acquainted with cryptocurrency in 2015. Then I was mining Monero. And then yet more interesting things began to appear.
Running Beast | TGH
Back then mining was the most profitable option. But now we are having an evolution in the crypto industry and that brings us to the most hot topic in the industry now - M2E. Please give us a brief introduction about AMAZY and what are you guys trying to showcase? What is the story behind its origin? When did it start? How long have you been working on the project?
Stan | Amazy team
AMAZY is a crypto fitness app with two main courses: to Move and to Earn. Equipping users with NFT sneakers, we unite the ideas of a healthy lifestyle and profiting simultaneously. The project focuses on becoming the ecosystem, called the AMAZY Realverse. AMAZY was officially announced as a project in May 2022, and I’m happy to be its part since the very beginning.
Running Beast | TGH
Azur games have been in the industry for a long time. Hopefully AMAZY performs above our expectations.😁
Why did you decide to take a non-standard path by choosing BNB Chain? Why did you decide to use influencers for the project, and not funds?
Stan | Amazy team
In crypto projects, classical schemes for attracting users are not always suitable.
The company is trying to find itself in something new. Thanks to Sergey Kosenko, influencers can be attracted. Closer contact and a trusting attitude of users were more appealing. It is difficult for a user to make a purchase of $100 using Internet advertising. Funds can help raise money, but the main objective of the project is to reach the masses and attract 1 million users. BSC was chosen because it has the widest user base. And well represented in the market. At the same time, Solana has more bugs. And we believe in the BNB Chain.
Running Beast | TGH
There have been projects like STEPN before AMAZY. What makes AMAZY stand out and unique among so many projects in the market? What mistakes do you think Stepn team made? What conclusions did you make?
Stan | Amazy team
Often, the second or third companies become more successful than the first one, as they learn from the mistakes of their colleagues.
Firstly, the mathematics of the project was not built initially. The mint mechanic appeared after the launch of a large number of users. Late start of anti-cheat system. The restraining mechanics of activation codes turned out to be not working. Very large user growth. As a result, they allowed listing on coinbase, pump gst - pump all assets. And this great acceleration of the token could not be contained. Well, and the main problem: everything that is sold on their marketplace is an internal story, since it was not made on the blockchain. As a result, mint cannot be tracked. We're looking at Stepn's experience. This also affects the timing of the release of the project, as changes are being made. It is necessary to restrain the growth of users. We need an adequate payback model. The average payback, for example, is 90 days.
Running Beast | TGH
So, what's your plan to restrain a sudden surge of users in your app and platform. As you mentioned Activation code did not workout, Or you are ready to handle any number of users?
Stan | Amazy team
We control the amount of users to enter the app. The invitations amount will be limited for a certain period of time.
Running Beast | TGH
People are going crazy for the launch of AMAZY. But, the market conditions are vulnerable. If Bitcoin now drops below 15,000, will the project live, will it be profitable?
Stan | Amazy team
We have no connection with Bitcoin. Any market growth can trigger the growth of the token and the project. When there is a project that goes against the market, it often attracts the main attention. An example of this - Axie Infinity. When there was a market dump and Bitcoin went down, Axie Infinity gained an audience and became market independent. They got users interested, made a blockchain and grew up against the market all summer. When the market went green, Axie burst upward and showed an incredible amount of capitalization.
Running Beast | TGH
People always search for dependable projects in bear market. Would be great if AMAZY provides it.
So lets get some insight into your token, what is the difference between AZY and AMT tokens and how does it all get incorporated into the AMAZY ecosystem?
Stan | Amazy team
AMT (AMAZY Movement Token) is a utility token, the amount of which is unlimited. You can get it for walking and running.
AZY (AMAZY Token) is a governance token. In principle, the in-game token does not need an exchange. AMT token will not be on the exchange for the first 3 months or more, we have no such goal. It will be on DEX to prevent spikes in growth. Then we plan to create our own DEX exchanger inside the app. AMT token will remain an in-game token. The AZY token will go to the AMAZY project ecosystem.
Running Beast | TGH
As I know, strong backing and partnerships in the crypto market might bring huge benefits to new projects. During this point, can you tell us about the investors and partners of your project ? What benefits to the project ecosystem do you expect from them?
Stan | Amazy team
We have partnerships with over 350 influencers around the world. You can have a look at some of them on amazy.io. We also talk about them in our telegram channel https://t.me/amazyio. At the moment, we already have a partnership with Seedify, the sale went very well, and DAO Maker, the top launchpad in the crypto world. More will be announced soon.
Running Beast | TGH
What would you call the USP of AMAZY? The difference that would attract users?
Stan | Amazy team
Well, I'd point our unique economy model, focus on community, and tech part - unlike other Move2Earn projects, AMAZY is based on blockchain.
Running Beast | TGH
And lastly, please tell the community about your plans ahead. Please tell us about your Upcoming events, Roadmap, milestones and potential updates moving forward.
Stan | Amazy team
- July 19 - announcement of exchanges where $AZY will be listed
- July 20 - open beta test for all AMAZY NFT box owners
- July 22 - listing on two of the world's top 5 exchanges by sales volume.
- The application release announcement will also soon be unveiled.
Running Beast | TGH
Is there any Ambassador program for community members?
Stan | Amazy team
We encourage activities in our community, and used to Whitelist the most active members.
For more information on AMAZY please find links below:
Website: https://amazy.io/
Twitter: https://twitter.com/amazyio
Telegram: https://t.me/amazyio_en