Faith Tribe X Decentralized Club Ama Recap From the 21st of April
Hello, Decentralized clubbers Another AMA took place in Decentralized Club and we would like to introduce to you the AMA session with our guest Tarek Hourie from Faith Tribe. The AMA took place on the 21st of April .
Celeb | Decentralized Club
Welcome @RealTH5
T H
Hello! Happy to be here
Celeb | Decentralized Club
Hope you enjoy the ride here
Would be your host today
T H
Thanks
Celeb | Decentralized Club
Would be proceeding in a jiffy guys
Can you quickly share your media handles with us
So participants can quickly prepare for a live session
T H
RealFaithTribe on Twitter,
https://t.me/faithtribe for TG, Faithtribe.io official website
Celeb | Decentralized Club
Let’s take this time to check out FAITH TRIBE socials and website and also to follow the rules…
Let’s begin
Am celeb
Would be having 3 sub divided segements here today
Introduction twitter and the live sessions respectively
Can we proceed @RealTH5
T H
Yes ready
Celeb | Decentralized Club
Please reply done after successfully answering a question
Introduction questions asked by Dc Moderator, Caleb | Decentralized Club
Celeb | Decentralized Club
Q1. Can you start us off with brief description about Faith Tribe and its mission?
T H
Sure! Faith Tribe is a digital platform for the creation, design, minting, customization, production and distribution of digital and physical fashion items. Faith Tribe’s mission is to empower, reward and unlock new opportunities for every independent creator.
We believe indeed a global pool of talented creators are facing so many challenges to stand out due to fierce competition, a lack of resources, geographical constraints or strong headwinds in the industry. Our aim is to leverage the opportunities offered by a digital ecosystem, built on blockchain, to create an impact and to disrupt the fashion industry through a powerful hub of open creativity.
The project was launched by famous fashion brand Faith Connexion, and has been built with the latest Web3 & NFT technologies.
Done
Celeb | Decentralized Club
Basically what you is to help people leverage
This is a great example I would say for a project for the people /community
T H
Yes! Anyone is welcome to join
Celeb | Decentralized Club
Sure
Let go to the next question
Q2. How does fashion designers and customers benefit from Faith Tribe?
T H
The platform will be beneficial to fashion designers, as it will directly address the structural bottlenecks they are regularly facing. Indeed, Faith Tribe will boast special features that will offer resources and visibility to designers.
First, our designer studio will give them very innovative tools to create their collection, produce digital samples, mint NFTs, manufacture physical items and market physical and digital product in a variety of Metaverse activities.
Designers will have flexibility negotiating pricing and royalty fees. They will be able to access flexible manufacturing resources from a network of suppliers in our ecosystem. Also, our NFT marketplace will connect our creative tribe to a broad community of buyers.
Our project will offer independent designers the opportunity to craft and sell their own clothing line in both physical and digital form. With NFTs, they will be able to retain a fractional ownership via royalties on all future sales.
The Faith Tribe marketplace will offer customers a diverse and eclectic choice of clothes designed by our community. Through the marketplace, customers will not only be able to add a creative touch to their wardrobe but, as $FTRB holders, the clothing will be accessible at a discount rate.
Done
Celeb | Decentralized Club
Wow this great
Is there any way you bring both customers and designers together
T H
Through the nft marketplace, where designers can sell to customers ;)
Celeb | Decentralized Club
Noted 😊
Q3. What’s the utility of $FTRB and how does one aquire it ?
T H
$FTRB, our native token, will stand as a unified currency within the various components of the ecosystem. The Faith Tribe token is a dual-chain token based on Ethereum (ERC20) and Polygon. It has also been security audited by both Certik and Omniscia.
Holding $FTRB is and will be the only way for designers to access our ecosystem and benefit from our special features.
In addition, as we develop the ecosystem, token holders will benefit from the following features:
=> Governance rights, participation in product strategy or treasury fund allocation.
=> Staking tokens, or contributing them to liquidity pools to support creators’ crowdfunding activities.
=> Purchase of clothes at a discount rate from our NFT Marketplace and Faith Connexion’s e-commerce store.
=> Value of merchandise is pegged, meaning regardless of value fluctuations, the price to buy an item will not change.
Finally, as we often receive questions related to token burning, we will be considering ways in the future to limit token supply. For example, we intend to burn tokens used to purchase clothing through Faith Connexion’s on-line store.
Today, you can buy $FTRB on AscendEx, BitMart and Cryptology. We are also in discussion with other leading exchanges to hopefully list our coin with them very soon.
Done
Celeb | Decentralized Club
Was about asking about where to buy
Exactly great
Last question for the session
Q4.Can you tell us what are your guys next major priorities in 2022?
T H
Great question! Before jumping to our next priorities, I believe we can be proud of what we’ve achieved so far. $FTRB had a successful launch, despite strong volatility and selling pressure in the markets on our launch date. We have been bolstering our fortress by spreading awareness, and by signing valuable partnerships that will drive our growth.
Celeb | Decentralized Club
Projects don’t survive volatility of these market this days
T H
We have a long-term growth strategy; we are focused on building something sustainable!
Our priority for 2022 is to gradually implement the different pieces of our ecosystem and to prepare a product that will offer a great user experience to designers and others in our community. We also want to support the expanding utility of our token, without waiting for our entire ecosystem to be fully functional. For instance, independent from the rest of the platform, we are currently working to enable Faith Connexion’s e-commerce customers to buy clothes using $FTRB.
Finally, I can’t emphasize too much that 2022 will be a very important stepping stone for us to make this project bigger and stronger now and in the years ahead.
Celeb | Decentralized Club
Buying clothes
Is this limited to a certain country or region
T H
We are a global platform!
Celeb | Decentralized Club
Alright we have to the end of the introductory session
Can we move on to the twitter segment
We have 5 preselected questions for you
T H
Ok looking forward
Questions asked on Twitter for Faith Tribe team!
Celeb | Decentralized Club
Faith tribe twitter questions
1. Asper its vision, Realfaithtribe says it’s committed to creating and integrating with a set of on-chain and off-chain tools that will give creatives all over the world the opportunity to collaborate on the design of fashion assets.
What are these “tools”? How are they utilised?
@babahvoss
T H
Faith Tribe offers its participants a common platform where they can design, customize, mint and distribute their own digital and physical fashion assets.
These tools give access to its end-to-end creative experience, the latest 3D fashion technology and development material, digital and physical NFT minting, P2P transactions between the decentralized community of designers, visual artists, curators, fashion enthusiasts, influencers, brands, and buyers.
Faith Tribe is committed to creating and integrating with a set of on-chain and off-chain partners and has already started working with leaders in the digital fashion such as DressX, PlatformE and Legitimate (which collectively are leaders in 3D design tools, on demand manufacturing and digital and physical NFT and NFC minting.), with others in the pipeline.
Celeb | Decentralized Club
2. Faith offers P2P transactions between the decentralized community of designers, fashion enthusiasts, brands and buyers, but, how is this interaction, does your ecosystem have an algorithm that connects according to interests and tastes or the search must be manual?
@ khang161990
T H
Basically we want to give our participants fair exposure. There is no algorithm in place for pre-selecting and connecting buyers to specific designers at this stage. However, as we develop the marketplace, we will consider tools to help sort through various options for a more efficient selection of opportunities and for optimizing the experience.
Done
Celeb | Decentralized Club
This great
3. NFT, DeFi, yield farming, and regulation are all highly trendy right now, so do you intend to get participate in any of the above? If that is so, what is your strategy for growing rapidly and global implementation?
@minhanh686
T H
NFT technology is a key component of our ecosystem. Designers can create NFTs via our platform and use them digitally or for physical manufacturing, tracing or authenticating of physical product.
The development of our ecosystem utility is a multi-phased process and certain aspects of it will be unveiled at a later date and will involve partnerships in the physical and digital worlds.
For instance, we already partnered with institutions such as Istituto Marangoni to use the power of Faith Tribe to help educate and promote the next generation of designers.
Done
Celeb | Decentralized Club
4.I read Faithtribe is a global community of designers, artists, bloggers & brand can you share with us how you try to prevent theft of your users designs? How would the $FTRB token be spent?
Would it only be used for purchases on your platform or it can be used in other platforms
@kurehjoeshua
T H
We are building a platform with all the benefits of NFT Technologies and security audited smart contracts. We will also implement contracts with our creatives, that will protect their IP by utilizing our platform.
You can spend your $FTRB tokens by using our designer studio to create collections, produce digital samples, mint NFTs, manufacture physical items and sell.
If you’re a buyer, your coins will serve you to purchase clothes on Faith Tribe’s marketplace as well as Faith Connexion’s ecommerce at a discount rate.
Done
Celeb | Decentralized Club
Last question for this session
5. What are the main features of the Project that make it easy for users to see the difference in the way it works and what novel features are better than other projects? What advantages and competitive factors make you confident to dominate the DeFi market in the near future?
@vinitsh50269612
T H
We are not a DeFi company but a Web3 & NFT platform focusing on fashion and retail.
Our open source platform offers a unique experience to our creators, with the features already mentioned above that distinguish Faith Tribe from its competitors.
We are also backed by the legacy and network of a 21 years old high end fashion brand, Faith Connexion. Our community could benefit of our network of manufacturers to also create a physical twin to the digital designs. No one so far is doing exactly what we are doing, by having an impact in both the metaverse and real life.
Done
Celeb | Decentralized Club
That’s great
Let’s move on to the live session
Questions Asked by our Decentralized club members during live session to Faith Tribe team!
Q.1 [ Tavasya ]
From Research , I Found that The Faith Tribe has Originated from the Main Brand called “FAITH CONNEXION” , Would You tell me More about Your Native
Brand and How You decided To Build this Platform, Any Story You Wants to share regarding this ?
T H
Faith Connexion is a high end brand, but what also made it different is its creative tribe that was able to add a touch to our collections. Our ambition was basically to transfer this culture on the blockchain to build a worldwide community of independent fashion creators to empower.
Q.2 [ Mathabetha ]
Hlw
Is your Project A COMMUNITY only for English speaking an countries or for users not of other languages?tnx sir
T H
No. We are a global project, open to anyone, no matter where he is or where he comes from
Q.3 [ Sara ]
Do you have AUDIT certificates? Or
are you working to AUDIT ৎ certificate or are you working to AUDIT your project, so that the security of the PROJECT becomes more secure and reliable.??
T H
We are double audited by Certik and Omniscia. Our project is secure and credible.
Q.4 [ Woodward ]
Can you explain how is your Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team?
T H
5Bn Tokens will be issued within the next 10 years, with the following distribution :
50% allocated to the community, 17% Team & Treasury, 14% Marketing & Events, 11% Tech and 8% to investors.
Q.5 [ Kmgud Erivfsh ]
Please tell me,How can I buy this token? And Which wallet support Your token??? Thanks.
T H
Today, you can buy our token $FTRB on AscendEx, BitMart and Cryptology.
We are also in active discussion to be listed in other leading exchanges.
Here are the some important link of Faith Tribe
Website : Faithtribe.io
Telegram : https://t.me/faithtribe
Twitter : Twitter.com/RealFaithTribe