AMA with Glass Chain
Introduction segment
Riswan Rasheed:
Q1. Can you tell us about Glasschain and how it is leading the commercial blockchain implementation?
Glass Chain (Offical Account):
Glass Chain was founded at 2017 by the Sinapore Optometry Foundation. At first, Glass Chain team was to build a distributed eye optics service platform based on blockchain technology. With the development of technology, we dependently developed an decentralized commercial smart contract, called DeCom system.
Riswan Rasheed:
Q2. Can you elaborate on the Decom and the also overall architecture of Glasschain?
Glass Chain (Offical Account):
Glass Chain team developed the DeCom system, using blockchain technology to achieve a programming society. The smart contract guilded by the theory and application of consumption capitalization, it accomplishes the code programming of contemporary business behaviors.
In short, our DeCom system is a commercial version of “EVM'
We plan to build the first SHOP TO EARN platform that people can get crypto rewards (GLS) while they are shopping online. And also there will be more ways to join Glass Chain ecosystem.
Riswan Rasheed:
Q3. What is the utility of $GLS token, how do we aquire it and how are the
Glass Chain (Offical Account):
GLS (Glasscoin) is the incentive token in the Glass Chain ecosystem. It's also the layer 1 coin in the ecosystem. This will also be the burning token for other DaPPs.
Based on our white paper, 70% of GLS will come from mining. Glass Chain's mining not only includes traditional POW mining, but also includes POC and POS mining.
More importantly, people are considering mining while they are shopping.
Everyone in this ecology is considered as our miner.
The technology is under development, soon all users from the world will be albe to buy crypto related merchants and also get GLS rewards. We will build on Web3.0's distributed shopping experience to connect the world.
In the future, Glass Chain system will also have our own DAO token in the ecosystem. People who holds GLS can get our DAO token to participant Glass Chain's desion making process.
Riswan Rasheed:
Q4. Can you let us know about any of your partnerships and investors ?
Glass Chain (Offical Account):
For early investors, we receive our sead fund from Esfino and Jesdoo capital. And we appreciate their trust to let us have the opportunity to build such great technology. And also, we have some private investors too.
Since we will be the first global decentralized shopping platform, we also formed really great relationship with many factories and suppliers that produce to big brand like Gucci, Adidas, Nike, etc.
We are still on early stage and we will have many bountysale opportunities for our inverstors to get into our system and earn their big profit from this program.
If anyone has any questions right now, you can come to our group to ask https://t.me/Glasschain
Since we are close to the end of 2021. Next year, we will have 3 things that we will mainly focus.
Firstly, we will have the open market on discord for NFT holdrs and merchants' factories to be able to communicate. We want to bring NFTs into commercial use like clothes, hats and any other real merchants.
And the merchants can be sold on Glass Chain's system and will be able to mined GLS as the shoptoearn rewards. And GLS is already listed on ZB.COM, you can trade here: https://www.zb.com/en/kline/gls_usdt
Please come to our new discord channel if you hold NFTs and want to meet factories. https://discord.gg/3drnfEt5qy
Secondly, we are working with mining companies, we will have mining node open for everyone to mine GLS
Last but not the least, we will continue to grow our public chain’s ecosystem by working with other great projects like gamefi, socialfi, defi
Twitter segment
Riswan Rasheed:
Q1:The NFTs on your platform are the tool of everything, they can be used for trading and gaming but how versatile they can be? is there a way to improve the NFTs with extra items and get better stats and price or fractionalize them for trading?
https://twitter.com/imrun96/status/1474204476584038404
Glass Chain (Offical Account):
So, how we use NFT is, we will bring NFT into real commercial use. Right now, we only know NFT can be traded, for gaming. But what we will do is to bring NFT to real world by connecting with factories to produce merchants. And their merchants can be sold on our system, everyone can use our system to sell their crypto merchants and eventually we want to achieve distributed commerce on WEB3.0
Riswan Rasheed:
Q2: Explain your plans on global expansion,is it only market you are focusing All the time,And you focus on building or developing and getting customers and users, or partnerships?
https://twitter.com/Andrew_W01/status/1474260127142203393
Glass Chain (Offical Account):
As I mentioned above, we do not have any specific location that we are focusing. Our plan is to achieve the global distributed commerce. Eventually, our system will be open to anyone, they can build their own decentralized shopping site using DeCom system. After the whole shopping process is done, the transaction id will trigar the DeCom smart contract to mine GLS based on their role in this system.
Riswan Rasheed:
Q3: Reading about your GLS tokens, you mentioned Optometry ecological service providers
need to stake GLS to obtain tickets to enter the ecology. What's the required amount of$GLS to stake? Do the staked $GLS accrue any interest?
https://twitter.com/_live_defareint/status/1474220267907993616
Glass Chain (Offical Account):
Right now optometry field is kind of our test field before we cover every other field. Right now if the merchant factories or service providers want to get into the system. They need to stake GLS first, so that we can provent they don't do their job or harm our customers.
But for customers using the system to buy stuff, they don't need to stake GLS
Right now, we do have staking program with ZB.COM exchange. People can buy GLS and stake it to win 30%.
If anyone is interested, you can buy GLS HERE:https://www.zb.com/en/kline/gls_usdt
Stake GLS HERE: https://www.zb.com/en/mining/detail/gls
Riswan Rasheed:
Q4: GlassChain has created a commercial application smart contract collection system known as Decom. Why did you choose Decom? What advantages does it have compared to the others system? What roles does Decom have in your ecosystem?
https://twitter.com/Alon14091/status/1474216147214307328
Glass Chain (Offical Account):
Decom short for Decentralized Commerce. Our chain's goal is to build a global decentralized commerce and anything around it. DeCom system combined all the complicated business models and can be used in almost any complex situations related to online shopping. And also, since we are using double chain blockchain technology, our TPS is faster and this can better serve what we need in the future.
Riswan Rasheed:
Q5: Glass chain website doesn't say much about Glass chain token. Will you be audited on the smart contract? By whom ? and distribution of tokens so that I can invest in the project for a long time? Do you intend to staking or farming tokens in the future?
https://twitter.com/Alon14091/status/1474214696811372545
Glass Chain (Offical Account):
Yes, our technology has been developed for over 4.5 years, but for the public we are still a new born baby. We are doing all the process to secure our investors' money. We are working with Certik with the audit progress.
We will have our staking policy soon and right now you can stake GLS on ZB and win 30% APR.
Buy GLS HERE:https://www.zb.com/en/kline/gls_usdt
Stake GLS HERE: https://www.zb.com/en/mining/detail/gls
Live segment
1)𝑨𝒔𝒉𝒊𝒌 5334:
My important question
Sir👉How can I buy this tokens? Is it available on any by exchange?
Thanks sirHello Sir,
Sir👉How can I buy this tokens? Is it available on any by exchange?
Thanks sir
Glass Chain (Offical Account):
GLS is listed on ZB.COM on October 19th.
You can trade GLS here: https://www.zb.com/en/kline/gls_usdt
2):
Q) Which do you think is more important:
A. Community
B. Investors
C. Token Price
If all of the above is important to you, which should come first?
Thanks Sir 🥀🥀🌹
Glass Chain (Offical Account):
Those all really important to us. I think if we have to choose, that will be our community. Community is our blood to everything. Our goal is to make sure our system is easy to use for our community members and they can put their NFTs into real use not just manipulating by the press.
3)Miss Jeny:
Glass Chain will give you a SHOP2EARN experience on Web3.0 . What does your phrase SHOP2EARN mean? Is it through shopping that I can collect tokens from you?
Glass Chain (Offical Account):
Yes, similar like play2earn. We will create the experience of earn GLS by shopping your essentials like you shop on Amazon. We want to achieve people get wealthy while they shopping.
BY HOW?
Through Glass Chain's DeCom system, you will be able to achieve that. Imagine, you want to buy a phone, if you pay the same amount of money, you get your phone and also token (GLS) and one day, the token you earned pay back the money you spend on your new phone.
How cool is that? And that's what we will bring to the world.
4)Riky Rukiah:
What are Glass Chain solutions against centralization as many other so-called decentralized networks out there are managed by some whales and power pools and it is very easy to manipulated?
Glass Chain (Offical Account):
Right now, we are only developing the technology but soon we will have our DAO coin that will manage our system by our community. That's why we keep
anonymous. Everyone will be equal in our system and we want to achieve that by DAO method.
5)Md Sojib:
plz answer my question. Currently, most projects and platforms are in English. Do you have a local community to better understand your project?
Glass Chain (Offical Account):
Right now, we are only in English. But we welcome everyone in our community to transfer our program into their own lanuage and help us grow our community. And of couse, anyone who help us grow will get our community rewards.
To better let the world know us, we hold monthly airdrop event too. Right now we are having our Christmas airdrop event. You can come here to join: https://twitter.com/Glass_chain/status/1472753008437956610
Agian, I saw many great questions about our project.
Here is our official accounts to follow:
Twitter: https://twitter.com/Glass_chain
Telegram Chat: https://t.me/Glasschain
Website：http://www.glasschain.tech
Medium:https://glasschain.medium.com
NFT&Factories: https://discord.gg/3drnfEt5qy
And you can trade GLS/USDT here: https://www.zb.com/en/kline/gls_usdt
Stake GLS HERE: https://www.zb.com/en/mining/detail/gls