On the 15th of June, 2021 at 14:00 UTC, Decentralized Club had the honor of hosting Crypto Thane from the Bolt Global Team for an Ask-Me-Anything session on their Telegram page with a community of over 30,000 people. It was hosted by DC Community Manager, Jannat.
The session was divided into four segments. Introductions were made in Segment 1, questions from the Twitter and website community were answered in Segment 2 and 3 respectively, and live questions from the community members in attendance were answered in Segment 4.
If you missed this event and would like to know what Bolt Global is all about, you can find a recap of the interview here. Note that slight edits have been made for clarity.
Segment 1 - Introduction
Hey there @cryptothayne
My name is Thayne and I work for Bolt.global. I've been with the company since early 2018 and I've been in the bitcoin space since 2017. Like most of you, I've survived the bear market.
Looking forward to an informative session with you😊🌟
Shall we move to the first segment? The Introduction segment
I'd like to mention something before we start if that would be okay with you.
We know how important it is for some of you to win these competitions, and we also know how hard these times are for some of you, with inflation and the world's economy.
So, before the question section at the end of the AMA where I need to select the winning questions.
We want you to join the Official TG group now, and post those same questions on that channel as well
Our admins will help pick the winners.
Also, when you're over there please post your Kucoin referral link so we can promote it and hopefully get you some fees as people buy Bolt.
Ok. Ready to start.
Do join everyone🌟
Q1. Can you tell us what goals BOLT aims to achieve?
It’s time to free the internet. Web-users increasingly seek alternative ecosystems away from the restrictions and fees imposed by platform owners and corporations. BOLT’s mission is to enable users and brands to create and grow value on the new web through our ecosystem of products and services.
Our growing ecosystem is powered by BOLT X, a gateway to finance on the blockchain, powered by decentralized finance applications. BOLT+ is one of the applications built on the BOLT X engine, which curates live streams from TV networks and independent creators from all around the world. The seamless integration between BOLT+ and BOLT X allows creators and audiences to trade, participate and grow assets in tandem with streaming video content.
Sounds great 👍👍
Q2. Can you talk a bit about how BOLT is planning to free the internet?
We then unlock blockchain finance for the masses through multiple access points. Our partnerships with leading telco networks (such as Telenor and MTN Group) allow for mobile-native users across the globe to stream and transact on the go. Our inclusion within home entertainment systems (such as Hisense Smart TVs) allows for further awareness of the new web through media and entertainment.
Through our ecosystem, our vision is to enable creative and financial freedom for users and brands across the world
Excited to know more about BOLT ⚡
Q3. What is BOLT+ and BOLT X, and has BOLT transitioned itself in 2021?
BOLT Global is a financial services engine enabling the value shift from platforms to people.
We have seen the transition of Web 1.0 (Pages, such as personal websites) move towards Web 2.0 (Platforms, where users can participate, interact and create communities such as YouTube) to Web 3.0 (People, where we have permissionless and decentralized ecosystems created by people for people
Q4. Why is it important to acquire and hold the BOLT token?
Because it's undervalued
You're all that early. :)
Of course, I guess the community can take advantage of it🤑
Q5. What are your significant achievements till now and what are your further plans this year?
A good summary of our accomplishments is included in the Bi-weekly Vault articles we release every other Thursday. Definitely worth checking it out here:
Do check it out every one 🍻
Well, that's it for the introduction segment.
Shall we hop on to the Twitter segment??
Segment 2 - Twitter Questions
Q1. What is the competitive advantage of your project? Can you point out the strengths of your project that other projects do not have to attract investors?
Twitter username - @naimliad
Q2. Nowadays the main problem of the crypto market is high gas fees and scalability. How do you plan to overcome these issues? Will you focus on the L2 solution?.
Twitter username - @Ductrung753951
Q3. As we know, By the Token price many people judge a project, What do #BOLT have to Say to investors? What's the plan to increase the Token Demand?
Twitter username - @Sathicrypto
The answer to questions 1,3 can be summed up in one word. Content.
Oh that's unique
2 however I will need to get back to you as I'm definitely not a Developer.
It was short and accurate
Let's move on to the website Questions
Segment 3 - Website Questions
Q1. For each crypto project, the ambassador has a rather important role. So does Bolt have an ambassador program? Do you currently have plans for global expansion? How to get more users, investors, and partners?
Telegram Username: @Jemtran
Q2.There are two products on your website. What are the main differences between Bolt X and Bolt +?
Telegram Username: @kathdm
Q3. What do you think about the explosion of NFT that is causing a lot of attention in the world? How does Project Bolt take advantage and exploit it to the fullest extent?
Telegram Username: @Victorvc20
Q1- Yes. Please join our official TG channel as these are paid positions.
Q3 - DeFi” and “NFTs” are hot topics in crypto right now
BOLTX will be a Decentralized Finance (DeFi) option. You can currently download the BOLT X wallet, however, in the near future, it will also be available as a Chrome Extension (similar to Metamask). Eventually boltx.finance will become a complete ecosystem to store tokens, swap, its own exchange with fiat on/off-ramp and NFT marketplace. The users will control the private keys so have complete control over their digital assets
Non-fungible tokens (NFTs) will be an important part of the BOLT ecosystem, especially for our content creators on BOLT+. Users can create and list their own NFTs to sell, as well as control to
We offer all-in NFT support, including technical support, onboarding, and creative campaign planning to ensure that the NFT issuance, auction, and utilization will be a success.
The advantage with BOLT is also in having an integrated ecosystem where we have our own financial engine ecosystem (BOLT X wallet feature on iOS, Android, Chrome extension) as well as our own liquidity protocol/marketplace through boltx.finance. Layered on top of this ecosystem is the ability for NFTs to not just be owned, but be used across the breadth of the BOLT ecosystem (e.g. BOLT+, our streaming service) as well as our partner ecosystem/distributor network.
Q3- One is for content, the other is for our financial ecosystem
Well it was smooth
It's time for the live segment
Are you ready @cryptothayne
The community is about to shoot a lot of questions
Please join our TG channel
Do join everyone...🤟
The chats will be unmuted for 90 secs
---Chat was then opened for the live community to send in their questions---
Segment 4 - Live Questions
Thank You, everyone, for your questions
How important is the community to you? and how can we collaborate or help you with the development of the project?
It's as important and the Development
Do you have any Coin Burn / BuyBack systems or any $Token Burn plans to increase the value of Token & attract Investors to invest?
No. None in the pipeline
At this moment, which one the most Necessary for your project:
All of them are equal
What is your reason for suggesting that we buy your token?
DYOR but I'll just say that you're extremely early
Can you tell me your token release schedule? and during this one-year holding period can we participate? and what are the requirements to participate?
It's all out there. Nothing more to put out. All 995 million are in circulation
It was awesome having you here
The session was no doubt a blast
Thank You so much everyone for joining us today
And special thanks to @cryptothayne for this wonderful session
We are hiring for our various community ambassadors.
Please join here and send me a dm
Go for it guys..!!
Thank you so much.
This was a lot of fun
These are paid positions, we need different languages.