Weekly, on Thursdays at 15:00 CET, the ARize team hosts a 1 hour live AMA session on the ARize Community Telegram chat, answering any juicy questions that the community may have.
These questions are tweeted to the ARize twitter, or asked during the Telegram session itself.
Fresh out of our LIVE AMA on Telegram with ARize CPO Adam Azzoppardi, we’ve discussed all things $ARZ ahead of the Token Generation Event, as the IDO is still ongoing. From Tokenomics, Vesting, details and traction on our IDO thus far, launchpads, and more, here’s a roundup of our AMA session.
1.How does the ARZ token fit into the ARize ecosystem?
“Great question! The ARZ token will form part of the ARize ecosystem through the utility it will have within our platform. The current utilities that will be implemented will be staking which will provide different APYs to stakers, along with a tier structure providing various perks within the platform.
Secondly, royalties, which will be paid out in ARZ token. The royalties on our platform will be calculated in two ways; resales, and also views. As we continue to evolve our ecosystem, the utility around our token continue to grow.”
2. Is it true that $ARZ sold out in less than an hour on 1 launchpad, and in less than 2 hours in crowdfunding?
“Yes, seeing our raises selling out in under 1 hour and 2 hours respectively is a fantastic feeling which reiterates the faith our community has in our vision! From our end we will continue to work hard to thank the community for believing in us, through our upcoming platform, token and the utilities implemented within them.”
3. Can you release any details regarding the 3rd launchpad?
“We are currently in talks with the final launchpad to close off our successful IDO campaigns. While we cannot say any names right now, be rest assured that we shall be coming out with the news on our socials very soon.”
4. Is there a vesting term? If so, how much is released immediately and how long are the tokens vested for?
“As we have had multiple raises around our token, there are different vesting schedules according to each round. Click here to view all the information around schedules, rounds and raises.”
5. I read that we can buy your tokens on Metamask, & Trust Wallet. Can you tell us if apart from this wallet, are you planning to add anything else? If so, which one do you have in mind? Lastly, what is the current value of $ARZ?
“Upon launching our platform, it will be accessible through Metamask & Trustwallet so as too facilitate Binance Chain, Ethereum & Polygon networks. As we continue to release new features, there is a possibility that we shall add new wallets too.
To answer your second question, our token is not currently listed, that being said it shall be listed at $0.01.”
6. Is your platform suitable for crypto beginners? Or is it limited to the professional users only?
“Extremely important question! Throughout the design phase we prioritised making our UI suitable for all users no matter the experience they have in crypto/blockchain. We did this by roping in our advisors, experts in the space, and a pool of users who fit the profiles we are targeting.
In addition to the above we shall be launching a number of tutorials and campaigns to ensure that our users will quickly learn how to navigate our platform!”
7. Now that the IDO of Arize is getting closer, how can we join or participate in the IDO? Which launchpads are you looking to have your IDO? Will there be any kind of whitelisting or we only need to stake some tokens? Where/how can we get more news on that?
“While 2 IDOs and another crowdfunding raise have already passed successfully, we are finalising our last IDO which will be happening in the coming weeks.
Be sure to stay tuned to our socials as we’ll be releasing more information on how to participate soon!”
8. Ethereum has the deepest liquidity of all blockchains despite its high transaction fees which leads me to ask when will @Official_ARize build a bridge to Ethereum to capture the liquidity existing on there and open up the Arize project to new users?
“Great question! We do have plans to implement a bridge to Ethereum for the ARZ token in the future.
In addition to that, when it comes to NFT minting we shall be utilising both Ethereum and Polygon, to give our users the option to mint on either chain depending on their preference!”
9. Why did you choose the Ethereum network while the ETH gas fee network, how do you deal with it?
“Our token will be launched on Binance chain, there the gas fees will be negligible. As mentioned above we do aim to launch an Ethereum bridge in the near future.
With regards to the NFTs minted on our platform, users will have the option to mint on Ethereum or Polygon Networks (for now).”
10. Is your project only for elite investors?, what about others with small funds, is it open to everyone?
“Our token and platform are open to all types of investors to utilise and enjoy. The ARize platform & marketplace is built to encourage all creators, investors, businesses, and NFT enthusiasts to interact with!”
11. You claim that they turn any item in a store into a realistic 3D web AR experience, without an app. But how do they accomplish this process without an application? Through your platform do they convert them? Is it possible to convert normal NFTs to 3D through Arize?
“Fantastic question! Yes, this is very true. We shall be utilizing our webAR technology to level up NFTs with enhanced visuals through augmented reality.
Rather than needing an app to view this, it can be shared and enjoyed through a simple link! This will allow creators to bring their assets to life and enthusiasts to view these assets with no added steps or friction!”
Founded in 2018, ARize is an industry leader in the 3D and AR industries. With an ethos of putting the power into the hands of the creators, their vision is revolutionizing e-commerce, blockchain technologies and metaverse spaces. ARize is on a mission to bring 3D and AR capabilities to everyone, supercharging the visual experience it brings.