AMA Satoshi Club x YouClout, October 21st

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We were delighted to welcome our guest from YouClout. The AMA took place on October 21st, 2021 and our guests were @mincua @Oldschoolchap

Part 1?—?introduction and questions from the Telegram&Bitcointalk community

Gold Rocket | Satoshi Club: Greetings dear Satoshi Club

We are pleased to announce AMA with YouClout

Vlad | CEO YouClout |: Hello everyone,

My name is Vlad Ionut Stefan and I am the CEO of Youclout.

I’ve managed more than 20 projects since early 2017 and now I will be presenting the project. I’ve been working on for around 1 year.

My experience is vast in project management, go to market strategy, partnerships and all it takes to make a project great.

As per education I’ve finish the Business Management in German language University in Bucharest and have a master degree in financial consulting. Made a short presentation of myself.

Gold Rocket | Satoshi Club: Today our guests are @mincua @Oldschoolchap

Welcome to Satoshi Club.. @mincua @Oldschoolchap

I see you are very much prepared for today..

Gold Rocket | Satoshi Club: Nice to e-meet you

welcome to Satoshi Club

Alexandru Mincu: Hey all! Thanks for having us here!

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club

We are Excited to have You here

Alexandru Mincu: I’m Alex and I’m the CTO of YouClout, I’ve been building software for 25 years, from big web platforms to mobile apps, and enterprise apps. I’ve been in crypto for 8 years, and built different end-to-end solutions on the web, different blockchains & mobile.

YouClout is a great pleasure where we can put all the skills the team has learned to work building a solution that bridges from mobile to web to multiple blockchains.

Gold Rocket | Satoshi Club: @mincua @Oldschoolchap great background guys

With very relevant Experiences

Gold Rocket | Satoshi Club: Give us a brief introduction to the project. What is the essence of YouClout

Vlad | CEO YouClout |: So everything started one year ago in a zoom conference which we had to remake cause of disconnects and other bugs, that was the moment i said i will make a conference platform in which i will integrate a tik tok style marketplace for video NFTs. And that was the birthplace of YouClout. And I’ve been working on it ever since. And I’ve been working on it ever since.

Vlad | CEO YouClout |: Now everything scaled to a big metaverse where people will buy land and we will hold events and nft sales on it.

Gold Rocket | Satoshi Club: absolutely in the spirit of the times

Incredible..

Gold Rocket | Satoshi Club: Also we would like to know more about your team. Who is on the project team core?

Vlad | CEO YouClout |: @mincua is my CTO and will let him introduce himself

Alexandru Mincu: I am the CTO and tech lead and the one in charge of building all the very nice features we discover our users need. There are 18 other developers in the team right now working on either frontend, backend or smart contracts for different chains.

Vlad | CEO YouClout |: and this is the core team

Oh wow 18 developers

From what regions are your Core team Members?

Gold Rocket | Satoshi Club: Wow! Dream team

Alexandru Mincu: There’s a lot of work to be done, the team is constantly growing.

Vlad | CEO YouClout |: All are romanians, eastern europe.

Gold Rocket | Satoshi Club: I’m your neighbor

Gold Rocket | Satoshi Club: I am from Ukraine

Vlad | CEO YouClout |: Yeeeey, where are you from ?

Vlad | CEO YouClout |: Aaaaa nice, been in Ukraine 2 times until now. Like it alot

Gold Rocket | Satoshi Club: Tell us about the benefits of YouClout . How is it different from others?

Vlad | CEO YouClout |: 1. Easily create a fanbase around your video content with our powerful decentralized feature set.

2. Tokenized membership in one click. Easily create a free channel with exclusive content for your ytoken holders.

3. Scale your reach. go from small session to a full blown virtual conference or event.

4. Blockchain powered. Transparent, censorship-resistant and no middle man. Value goes to you.

5. NFT ready. Easily turn any content into an environmentally friendly NFTs.

6. A full blown marketplace. Trady ytokens and NFTs in our bespoke marketplace.

7. Dedicated artificial intelligence enhanced content feed ensure the right content finds the right audience

8. Virtual events that can match a Woodstock/Coachella scale or a big expo is now possible with Youclout

9. Discover creators with our category leaderboards based on ytokens, engagement and quality of content.

10. Brand new tools for interacting with fans and brand new ways to earn more as a creator!

11. Fully decentralized mean creators own their content 100%!

12. Buy land and host events

13. Hold YouClout for random ticket airdrops to events.

Wow so many

Alexandru Mincu: All these plus any digital piece of content that can be presented in a short form video can be sold on the platform, this includes almost anything. Users can create multiple videos for one piece of content to present multiple facets and just tell a better story.

Gold Rocket | Satoshi Club: a lot of cool features

Impressive..

Gold Rocket | Satoshi Club You have the opportunity to revolutionize social media, as Zuckerberg did in his time

Vlad | CEO YouClout |: We really hope to !

Gold Rocket | Satoshi Club: Thanks for great introduction, we have several questions which were selected for the 1st part. Ready to start?

Vlad | CEO YouClout |: Sure, lets go

Q1 from Telegram User @Asela1112

According to YouClout Roadmap, you hope to launch custom NFT avatars for all YouClout users. I want to know, Can we create our own avatars or Will your team provide the avatars for users? Will you incur a fee for this event? Will this avatar have a price evaluation? If Users can create their own avatars, What kind of creating tools, you offer through YouClout platform? Please give us a sneak peek about this upcoming Custom NFTA avatar event in Q1–2022?

Alexandru Mincu: I’ll take this one

Alexandru Mincu: So the custom avatars will be designed in an editor or generated with our AI from other photos users upload. The avatars will be NFTs so will be sold on the platform and we’ll also have a verified ownership feature like Twitter.

Alexandru Mincu: No fee will be incurred for generating an avatar, just like no fee is incurred for minting any NFT on the platform.

Gold Rocket | Satoshi Club: What tools do you offer users?

Alexandru Mincu A custom editor based on a generative neural network that users can tweak to generate designs to their own liking.

Gold Rocket | Satoshi Club: And… Please give us a sneak peek about this upcoming Custom NFTA avatar event in Q1–2022??? ©

Gold Rocket | Satoshi Club: it is very important. Thank you for the clarification

Vlad | CEO YouClout |: We will have a live event in the platform, which people will join with their avatars, but this is a small sneak peak

And everyone can do so? What skills will they need?

Alexandru Mincu: We can’t release too many details yet, there’s a lot of deals getting signed with influences, etc for the event

Vlad | CEO YouClout |: but everything will be disclosed in due time.

Alexandru Mincu: Yes, anyone can do it, you can do it by just moving some sliders, it will be very easy to use

Gold Rocket | Satoshi Club: It’s understandable

but we had to try

Vlad | CEO YouClout |: No worries, we appreciate it !

Gold Rocket | Satoshi Club: Thanks for your answers

Gold Rocket | Satoshi Club: Ready to proceed to the next question?

Awesome..

Alexandru Mincu:

Q2 from Telegram User @Pavel_Jarosh

Please correct me if I’m wrong but the Y-tokens that can be created by influencers are planned to become the main product on your marketplace, same as their content (video, presentantions) sold as NFT. Are you planning to add a portion of free NFTs or content to your marketplace? In order to sell such products your influencers should be someone with a name in crypto. Have you already partnered with any personality? Thank you!

Vlad | CEO YouClout |: Sure, we are going to start a NDO

Vlad | CEO YouClout |: and offer to our Community different NFT project that we and the community find viable !

Alexandru Mincu: The main influences will decide what content they want to release to the public, for free of with a charge in their Y-Token

Vlad | CEO YouClout |: We are going to make votes on which to choose!

Oh great.. by the way can you share your Tokenomics with us

Alexandru Mincu: It’s public on the website, anyone can access it from the Pitch Deck button

Alexandru Mincu: Or here’s the link: https://youclout.com/youclout.pdf

Thank you for sharing..

Gold Rocket | Satoshi Club: Thanks for your answers

Do you want to add anything or can we proceed?

Alexandru Mincu:

Here, got it for easy access

Alexandru Mincu We can proceed

Q3 from Telegram User @MudaraSilva

I notice that there is a 50% discount on NFT purchases for those who have memberships tokens. To be eligible for this discount, what is the minimum number of tokens that a buyer should hold? When you offer this discount for buyers, do creators get the full payment? Does YouClout give the reduced 50% to the creator? Is it profitable for you to give this type of considerable discount to encourage users to hold tokens? In a similar manner, is there a mechanism for sellers to get bonus earnings by holding membership tokens?

Gold Rocket | Satoshi Club: Looks good

Alexandru Mincu: The discount is offered to the members who own membership Y-Tokens for each creator, each creator can set the number of tokens needed to get the discount. This way they create their own tokeonomics.

Vlad | CEO YouClout |: The minimum hold amount is 250$ in YouClout token.So the fees on YouClout are shared as following :

25%?—?Goes to revenue

25% is Burned out of the team tokens until 75% of the team tokens are burned

50%?—?Goes to the seller as a reward for using our platform

Gold Rocket | Satoshi Club: Hmm .. that’s generous enough for platform users…

Oh I see.. but can the creator also adjust the discount percentage?

Vlad | CEO YouClout |: Yes, he can.

Alexandru Mincu: Yes they’re able to do that for their Y-Token. Vlad also answered how the main YCT discounts work.

Gold Rocket | Satoshi Club: Do your users need to pass KYC?

Vlad | CEO YouClout No, it is fully decentralised, people just need to connect with their wallet.

Thank you for your answers

Gold Rocket | Satoshi Club: Thanks for great answers

Gold Rocket | Satoshi Club: Ready to proceed to the next question?

Vlad | CEO YouClout |:

Q4 From Telegram user @Rotoxy

My questions are about the VIP lounge. Firstly, what criteria do you use to rank a user as an influencer? Is it their celebrity status, their large followership on othet social media platforms or activity engagements on Youclout or their acquisition of particular amount of $YCT token?

What are the types of activities that can take place in the VIP lounge? What level of control does the influencer who created the VIP lounge has on the community activities? Are there taxes on activities in a VIP lounge? Who pays the tax, the influencer or the VIP lounge members?

Lastly, does the members in the VIP lounge get rewards or it is a case of “influencer takes it all”?

Alexandru Mincu: The criteria is mixed right now, since our platform was just launched at the IDO we don’t have concludent data yet only on YouClout, for that reason we need to include other social networking channels as well.

Alexandru Mincu: The VIP lounge is designed to be a private space shared between the influencer and their most devoted followers, they are the ones setting the bar on how it’s monetized, not us. We provide them with the tools so they can interact with their followers

Gold Rocket | Satoshi Club: Btw, what were you guided by when building the metaverse on Cardano?

Alexandru Mincu: Cardano has a lot of potential and we belive it will be one of the main platforms people use in a few years

Gold Rocket | Satoshi Club: and with which influencers do you already have agreements?

Gold Rocket | Satoshi Club: Absolutely agree

Gold Rocket | Satoshi Club: you confirm my opinion

Alexandru Mincu: I don’t know if we can disclose this yet. @Oldschoolchap ?

Vlad | CEO YouClout |: No, sadly we cannot disclose that yet, it will be like a festival banner, that i can assure you!

Gold Rocket | Satoshi Club: Little hints

Can’t wait for this..

Gold Rocket | Satoshi Club: then promise us to share it as soon as possible

Vlad | CEO YouClout |: We promise that Satoshi community will be the first one to receive the news when we share it!

Gold Rocket | Satoshi Club: Thanks for honest answers

Gold Rocket | Satoshi Club: Let’s proceed to the next question

Vlad | CEO YouClout |:

Q5 from Telegram User @Cheriemike

Going through your content i noticed that creators are being rewarded with “Influencer Badges”,What is essence of those badges?Will the badges serve as a means of identify from platforms who pose as YouClout?Are the badges for every one or its just for some selected few?Is there any charges fee associated with one being entitled to a badge?Can we have a sneak peak of those or is it private and will later be given to those who deserve it? Thanks

Alexandru Mincu: Nice question

Vlad | CEO YouClout |:

Vlad | CEO YouClout |: nice question

Vlad | CEO YouClout |: alex please take it

Vlad | CEO YouClout |: So, the badges will be awarded to all Influencers

Alexandru Mincu: The badges are awarded based on how influences or users use the platform, we’re targeting specific use cases like posting at least once a day for a whole week, etc. And ones that are harder to get like top sales, best NFT of the month, etc

Alexandru Mincu: All those badges are also NFTs so they can be monetized if people want to do that.

Alexandru Mincu: They will open certain doors that are only available to the holders

Great.. apart from this does getting the badge come with other benefits?

Vlad | CEO YouClout |: They can be transformed in an Unique NFT for each influencer, but that will come along the way

Alexandru Mincu: It will also depend a lot on the specific badge, some will have other interesting properties

Yeah makes more sense… Overall this is an Impressive feature I must say

Ready for the last Question from this part?

Gold Rocket | Satoshi Club: can you even imagine how I want to see these tik-tok style NFTs… do you have something to satisfy my curiosity

Alexandru Mincu: The platform is continously being developed so new things pop up almost every day

Vlad | CEO YouClout |: @GoldRocket27 Sure, you can enter on your mobile

Vlad | CEO YouClout |: https://app.youclout.com

Vlad | CEO YouClout |: it is already a working product

Q6 From Telegram user @victorogb

Within the periods of Q4 2021 to Q1 2022, YouClout hopes run its first land offering, conduct it’s first governance vote on land rights, as well as buying land in metaverses where YouClout events will be held. Even as we anticipate the launch of these memorable events, can you kindly shed some light on the features and importance of each, what are land owners and users expected to enjoy from these launches? Also, talking on your first governance vote on land rights planned within this quater, what should we expect? Can you let us know the overall structure and functions of governance team?

Vlad | CEO YouClout |: Based on where their land is and the interest in it they can rent it for ads/events on the platform or build their own land in Q2/2022

Alexandru Mincu: The governance on each land will be based on the Y-Token holders for that land

Alexandru Mincu: This way anyone. Influencer or not can control what happens on the platform

Alexandru Mincu: On some lands the creator will have control power. Others will be community owned

Will this be the choice of the creator to give the community power over their land?

Alexandru Mincu: We have multiple uses for that land that are being developed. From events to ads to music, and may more

Gold Rocket | Satoshi Club: remind me please where can we buy your Y-tokens?

Alexandru Mincu: The main token of the platform is already like on pankake swap

Alexandru Mincu: I’ll post the link shortly

Alexandru Mincu: These will be used to decide the initial ownership of the first lands in the meta verse

Alexandru Mincu: https://pancakeswap.finance/swap?outputCurrency=0x23e3981052d5280c658e5e18d814fa9582bfbc9e

Gold Rocket | Satoshi Club: by the way what is your favorite land in this metaverse

Gold Rocket | Satoshi Club: Thanks for sharing

Alexandru Mincu:

very hard to choose sincer we’ve put so much effort in all of them, I would say the main lobby is my personal favorite now. Everyone will land there when entering the meta verse

Q1 From Telegram User @latedance

Not every crypto blockchain projects do care this about but there are many people in the world who is not speaking English so I want to know if do you plan to create a local community for Youclout?

Alexandru Mincu: Sure. We already have one for China and one for Korea. Others are coming too.

Q2 From Telegram User @SHELBYWINAMA

What is the use of the $YCT token? What are the advantages of the $YCT token? and is there aminimum amount to stake $YCT tokens? and where is the $YCT token available? Can you tell us

Alexandru Mincu: YCT can be used to pay for fees and very soon will be the main coin NFTs are transacted in on the platform.

The coin will also unlock different features for creators in the platform, we have a bunch of features that are being developed right now that you can only use if you own YCT.

There is also a staking program coming too, join out telegram channels we’ll announce everything there.

Q3 From Telegram User @sirdefi

On what kind of devices will I be able to use YouClout and enjoy its 3D graphics? Will a mobile phone be enough?

Alexandru Mincu: Yes, a mobile phone will be enough. We’ll have mobile apps to access the metaverse from mobile and a WebGL interface to access it from the desktop

Q4 From Telegram User @Sourava12

In Your Website , I found that YOUCLOUT Has only 2 Backers ,

18 VENTURES and EXNETWORK CAPITAL , Are you planning to get Support of other backersand Investors also ?

Vlad | CEO YouClout |: Hello Sourav

Exnetwork

18ventures

moon inc

Kha Nguyen(Tomochain)

Evan luthra

MoonCarl

Wise advice

Nft technologies

Mario Awfal

Maximus Capital

Gains capital

Nabais Capital

Bitcoin.com

AU21 Capital

LD Capital

Genblock Capital

Basics Capital

Polygon Foundation

Mars Academy CEO

Bondcharts

These are all our investors!

Q5 From Telegram User @highpee

You said you are built on CARDANO but you just shared a link where we can buy your Tokens on pancakeswap. Are you also built on BSC or do you have tokens on both Cardano and BSC at the same time?

Alexandru Mincu: The coin launched on BSC but the marketplace will support multiple chains. Cardano is one of the main ones, others coming soon will be ETH and Polygon.

Q6 From Telegram User @cindy_crypto

Everyone knows now if your smart contract is not secure it is just a time matter that some hacker exploit the smart contract and get all the liquidity and when it is done there is nothing to do so what’s the things you have done to secure your smart contract?

Alexandru Mincu: All smart contracts are audited and we implemented all security recommendations. Everything is secure and decentralized and public so no hacker can get access.

Q7 From Telegram User @alptrader

Only creating a project with great properties is not enough for success so do you have any partnerships to grow together as YouClout?

Vlad | CEO YouClout |: We have alot of partnerships incoming, 2 of them are top 10 projects and we will announce it in due time !

Q8 From Telegram User @AgenciaATM

In the VIP lounge, each influencer will have a limited number of seats in their community with the option to increase it if they run out of seats. What is the limit to these seats? How will influencers be able to expand these seats if they run out?

Alexandru Mincu: The influences will decide how big their VIP lounges are, they will be able to increase or decrease the number of seats as needed.

Q9 From Telegram User @Xusuo

im just curious, do YouClout have burn feature for your token, can you explain how does burn work for $YCT token ? what event trigger the burn ?

Alexandru Mincu: 25% of the transaction fees are burned by the platform once per month.

Q10 From Telegram User @sophiejohnson1

What is YouClout’s marketing strategy to attract both attendees and users? What are your plans to convince them to buy $YCT?

Vlad | CEO YouClout |: Hello Sophie,

the first event we are going to hold on our platform will have a big impact on everything, taking in consideration how many followers each influencer has, we will hold it as a game, where people join with their avatar and interact with the influencer himself

In the final part we tested your knowledge in terms of YouClout . They’ve prepared 4 questions for this part. The total reward pool for quiz was 300$.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club

Russian Telegram group: https://t.me/satoshi_club_ru

Spanish Telegram group: https://t.me/satoshi_club_spanish

Telegram Channel: https://t.me/satoshi_club_channel

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