Colexion x Satoshi Club AMA Recap from the 14th of January

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Colexion and our guest was . The AMA took place on the 14th of January

Hello Satoshiclubbers welcome to our AMA session with Colexion

Hello again everyone and welcome to our last AMA for this Friday with Colexion!

Our guest today is @Abhay_Aggarwal

Hello welcome to satoshi club

@Abhay_Aggarwal, Welcome!

Just a minute of patience for our guest to be ready

Abhay Aggarwal Team

Hello Everyone

Hello Glad to have you here

Glad to see you here!

Abhay Aggarwal Team

Thanks guys!

How are you doing today?

Abhay Aggarwal Team

I am doing fine.

How is your day going?

Going Well..

So let’s start our AMA

We are looking forward to get to know Colexion!

Abhay Aggarwal Team

Can you introduce yourself to us, how you got into crypto and how the project Colexion started?

Abhay Aggarwal Team

Abhay Aggarwal Team

I come from a Industrial background. Invested in a couple of startups and have been active in the tech space.

I was following the crypto industry for a while and finally in late Dec 2020 I thought of starting something that makes a real difference in terms of quality in the NFT world.So that’s when the ideation for Colexion started.

Great.. so can you now tell us what Colexion is all about?

Abhay Aggarwal Team

COLEXION (Authenticated Celebrity NFT platform, personalised virtual museum, play to earn games, virtual tournaments and metaverse)

Colexion is a licensed celebrity NFT platform which shall be affordable for the masses to own a piece of their favourite superstars from major movie stars, international cricketers and other sports stars where each NFT will be unique. We will use personalised celebrity content using their voice with the NFT specially curated by the best digital artists under the Colexion umbrella. Colexion is not only about NFT’s but an experience of NFT’s for users by launching a virtual museum of legendary celebrity depicting their life journey in the Colexion virtual museum which is part of Colexion metaverse which will in the future involve breathtaking tournaments, concerts and more expansion in the metaverse which shall be unique with a diverse community working together to achieve a common goal. A metaverse that will still be growing, evolving, and actively played in 100 years. To achieve this, development and management of Colexion will be decentralized, with governance decisions and participation by using the Colexion tokens which is CLXN.

An interesting project .. How many people do you have working on this project?

Abhay Aggarwal Team

Colexion have acquired exclusive rights of more than 60 international cricketers from around the world, 15 bollywood, tollywood and TV stars, various sporting leagues of India and other legendary athletes from India with their exclusive NFT rights, fan tokens, gaming rights and brand endorsements with a combined social media following of over 200 million fans.

Colexion will work to get more exclusive licences from celebrities around the world to keep on adding value to its metaverse and virtual games.

Celebrities being part of the revenue will actively support the ecosystem and help keep on building a strong community among their fans.

That’s thrilling!

Very Impressive numbers

Abhay Aggarwal Team

Colexion Galaxy sits at the intersection of NFT gaming, virtual museums and the metaverse. Colexion can be understood using four words, creators, collectors, celebrity and community.

www.colexion.io

Our Social media links:

https://twitter.com/colexionnft

https://medium.com/@colexion_nft

https://t.me/ColexionOfficial

Facebook: https://www.facebook.com/ColexionNFTs

LinkedIn: https://www.linkedin.com/company/colexion

https://www.instagram.com/colexion.nft/

Abhay Aggarwal Team

You can pin this.

Abhay Aggarwal Team

Will answer ur next question that u have already asked above.

Abhay Aggarwal Team

Thanks Jonah and Pavel

Abhay Aggarwal Team

We have a strong team of 70+ people working full time with us. And a couple of agencies giving outside support.We are a strong and big team

Wow! Impressive!

You have great hands working on this

Thank you for the introduction

We will like to proceed to community questions now are you ready for them?

Abhay Aggarwal Team

Abhay Aggarwal Team

Let’s start

Q1 from Telegram user @MudaraSilva

You have introduced your NFT market as the Asia’s largest NFT marketplace. According to the status, there are 1200+ NFTs, 100+ celebrities and 10+ countries. Why is it limited to 10+ countries? Is your marketplace confined to users from Asian countries? If yes, is it because the project has been registered in U.A.E? Do you track the IPs to check whether the users are from Asian countries? In the near future, won’t you expand the platform as a global marketplace?

Abhay Aggarwal Team

Thanks Mudara for the question.

Abhay Aggarwal Team

So we have rights of celebrities from 10 countries so far like Australia, New Zealand, England, south africa etc and we are adding more on a frequent basis.We will be revising those numbers soon

When we say “Asia’s” Largest then it doesnt mean that we are confined to Asia only. What we try to convey with this is that there is no other NFT platform bigger than us based out of Asia that has so many Exclusive rights of celebrities from around the globe.

Clearly, this tagline creates some sort of confusion so we are in the process of revising the tagline too.

Abhay Aggarwal Team

We are already a Global Marketplace.

Accessible by all.

The most premium yet Affordable NFTs.

I think this is clear enough, knowing that you are open to everyone

Abhay Aggarwal Team

Ready for the next question now?

Abhay Aggarwal Team

In crypto you can never restrict anyone.

No geographical limitations

Abhay Aggarwal Team

Q2 from Telegram user @iceVermithraxx

I understand that they are 4 major categories available at Colexion which includes museum, short movies, Marketplace and super Live zone, with the marketplace being self-explanatory, Can you kindly elaborate more on Museums in Colexion and the activities users can carry out in Museums? What are the requirements for users to access the Museum of their Favorite celebrities? Can you also explain more on the Short Movies of Celebrities? How will users be able to watch the favorite short movies of their Favorite celebrities? I also noted that users can purchase these Short Movies as NFTs, how can users acquire Short Movies of their favorite celebrities? Lastly, can you explain on the Super Live zone and what activities happen there? How can users access the super Live Zone and participate in Live activities there?

I totally Agree.. that’s what brought all of us in

Abhay Aggarwal Team

Abhay Aggarwal Team

So our main categories for the NFTs are

Entertainment (celebs)

Lifestyle (influencers)

The main categories as a company are

NFT Marketplace (All kinds of NFTs like music, art, trump cards, short films etc )

NFT Musuem

NFT Play to Earn Games.

So how do users access the NFT museum?

Abhay Aggarwal Team

So we are launching the world’s first virtual museum with big celebrities giving fans a unique experience. For instance, Yuvraj Singh, The indian cricket legend launched on 25th December on our platform and his NFTs are available in a virtual NFT museum personalised to him.

Abhay Aggarwal Team

Our concept of creating a virtual NFT museum is one of a kind. People will have access to witness the NFTs of legendary celebrities virtually. It’ll be a metaverse for all those dedicated fans.

Great feature!

Is it built as a virtual museum, like people can walk through different rooms to see NFTs?

Abhay Aggarwal Team

Talking about Yuvraj’s NFTs

The first drop that we did was of the Trump Cards NFT of 30 Celebs together on 12th December. Literally the biggest drop ever. Prices at 30 usd. Still live for you to grab

Then we have dropped Yuvraj Singh’s NFTs at 40 usd. The warrior NFT!

2500 units only. A couple left!

The rare bat of his, the first century bat, got auctioned for 16 ETH, ROUGHLY 80k usd

Abhay Aggarwal Team

It is not fully accesible at the moment.

Will be completely live by early next month.

We launched with a beta version of it.

Pretty sure it will be a great experience for users!

Abhay Aggarwal Team

Thank you for your complete answers!

Let’s proceed to next question

Q3 from Telegram user @Meta_MateX

It is said that whenever users wish to buy NFT at Colexion but don’t have cryptocurrency, then they can use CLXN (Colexion Native Token) and their national currency (INR, USD) to purchase the same. At Colexion the goal is to provide access to the new and emerging digital revolution. Please explain the means of buying CLXN token. Do you also plan to add any other currencies for purchases? Appreciate your reply!

Abhay Aggarwal Team

Meta Mate should join our community too on Telegram.

So we have kept the User Exprience in mind for sure

Abhay Aggarwal Team

A person can buy NFTs on our platform using all payment methods. Fiat or crypto

What fiat currencies do you support?

Abhay Aggarwal Team

CLXN tokens are not launched yet so you cant buy them yet.

IDO launchpads are finalised and we will have our IDOs this month.

We have finalised Tier A launchpads.

And then IEO on one of the biggest crypto exchanges in the world.

I think everyone should join! No exceptions!

Abhay Aggarwal Team

Debit and credit card are supported. So any currency using that

Oh that’s great.. This gives room for more options

Abhay Aggarwal Team

Yes indeed

Can you mention the platforms at the moment?

Abhay Aggarwal Team

We will be announcing All platforms early next week

Abhay Aggarwal Team

Cant mention the names before that

Great.. we will be on the lookout then

Abhay Aggarwal Team

Yes. Stay tuned

Thank you for your Answers

Ready for the next question now?

Abhay Aggarwal Team

Q4 From Telegram User @ItsMelissa3

I learned that India’s largest NFT marketplace, Colexion works on the Polygon Network. For what reasons did you decide to build Colexion on the Polygon network instead of any other network like Etheruem, or BSC? What benefits does Polygon provide to Colexion? By the way, the name of your project caught my attention, can you share with us what is the meaning behind that name? I know that Coleccion is the Spanish word for Collection, and “cc” is pronounced like an “x”. Is this the meaning behind the name or is it something else? Why did you decide to name your project Colexion? Is it a name chosen for a specific reason or is it a name that was selected at random?

Abhay Aggarwal Team

Interesting questions

Abhay Aggarwal Team

We chose Polygon because of its features like scalability, less fees, and security. Moreover, Polygon is our seed investor too.

Impressive!

Abhay Aggarwal Team

And you are right on the sense behind the Name

Could you share your tokenomics before we proceed to the next question?

Abhay Aggarwal Team

Abhay Aggarwal Team

Initial market cap of about 660k Only

Still room for more growth

Thank you for sharing

Abhay Aggarwal Team

Much much more growth

There’s definitely a room to growth!

Oh, Jonah sees the same things!

Thanks! Let’s check the question nr. 5!

Q5 From Telegram User @Cheriemike

It is said that “Colexion Licensed Celebrity” platform will be affordable for the masses who wish to own a piece of their favorite superstar from Indian movie stars, international cricketers and othe sports stars.My question is,is platform created with the Indians in mind?My reason for asking that is because,some persons may not be fans to any Indian superstars.So when will you include/have other superstars NFTs for fans of other movie stars etc?And there is something you said that caught my attention,you will personalized celebrities content using their voice with the NFTs.This will be so unique.How will this be done?Please explain Thanks

Now, I hope, everyone can see the perspective!

Abhay Aggarwal Team

Great question

Abhay Aggarwal Team

When we say Affordable it literally means it wont be expensive.

For instance as informes before, the trumo card NFTs are worth 30 usd

And rhe Yuvraj Singh’s warrior nft is worth 49 usd only .

Their secondary market prices will be 10x 20x minimum

So, the earlier people start?—?the more they get!

Abhay Aggarwal Team

No, we are not focused on only India.

We are a global platform.

India, is something we started with.

We have 60 International Cricketers.

Top captains and world cup winning teams in it too.

So we are already global. Making more efforts

Abhay Aggarwal Team

Yes, the Trump Cards have a Voice Note by the celebs too

Abhay Aggarwal Team

Abhay Aggarwal Team

This is interesting

Don’t waste your time, Satoshiclubbers!

Thank you for your answers so far

Get to study Colexion while we move to the last question of the 1st part of our AMA!

Abhay Aggarwal Team

Q6 From telegram User @victorogb

I would love it if you could shed some light on the recently concluded community event known as the Telegram XP Reward, where winners were rewarded with celebrity NFTs as well as $5000 worth of CLXN tokens. How was the entire campaign and community response to this event, and can you explain the selection process adopted to get the final list of winners, since there were concerns regarding spammed entries; how was this effectively resolved? Finally, can you let us know if similar events, competitions and campaigns will be a regular feature of Colexion, and what are your plans to improve better community engagements as adoption number grows?

Abhay Aggarwal Team

Aye. Shows this person was active, love it!

Abhay Aggarwal Team

The XP rewards campaign was a reward competition where in the top 100 were rewarded based on their level of engagement with the community in Telegram.

Last day i.e. 31st Decmber some spam entries came and made their XP increase at the last moment and this raised concerns over the community.

Eventually, to solve the issue and by listening to our Community members, we took entries till 30th december only and announced the winners that deserved

Great decision

Abhay Aggarwal Team

We are launching many such campaigns again.

NFT giveaway going live tomorrow

XP reward for discord and telegram will be started again

And discord weekly quiz is live.

Many more such events

Many events

Can you share details of how users can participate in the planned NFT give away?

Abhay Aggarwal Team

Just have to follow a 2–3 tasks and then it will be announced in our discord channel

Tomorrow for details.

Join our social media guys

Great opportunity Satoshiclubbers.. don’t miss any of this

Thank you for your answers in this first part

We will now like to proceed to the second part where our community members will ask you their questions directly

Are you ready for them?

Abhay Aggarwal Team

Let’s see the FIRE!

Great Chat will be opened for just 120 secs

Opening chat now

Q1 from Telegram user @Thisistoyin

My question here is, how many Celebrities have you been able to get licensed to collaborate with? Cc can you list them? & Do these celebrities also get paid for their NFT??

Abhay Aggarwal Team

Almost 60+ 

 Some of them are:

 Dwayne John Bravo

 Kieron Pollard

 Kagiso Rabada

 Glen Maxwell

 Nicholas Pooran

 Sunil Narine

 Brendon McCullum

 Chris Morris

 David miller

 Alex Carey

 Adam Zampa

 Marcus Stonis

 David Malan

 Kylie Jameison

 Salim-Sulaiman

 Evin Lewis

 Imran Tahir

 Rassie Van Der Dussen

 Aiden Markram

 Dawid Wiese

 Morne Morkel

 Heinrich Klaasen

 Rilee Rossouw

 James Neesham

 Varun Chakravarthy

 Daniel Wyatt

 Tanuj Virwani

 Krissann Barretto

 Rameet Sandhu

 Aamir Ali

And yes they are a part of revenue sharing.

Q2 from Telegram user @Arnavx5

Will you Bring NFTs of Football Legends?

Abhay Aggarwal Team

Q3 from Telegram user @emmy066

I read that you see Ethernity as a competitor. What are your features and competitive advantages that make you different from Ethernity? Why should I choose Colexion?

Abhay Aggarwal Team

So answering this, NFTs are the new hot topic in this digital era. There are several NFT marketplaces around the globe; what makes us different is that we offer a variety of services. Most of them focus mainly on one or two NFT services. We have celebrity collaborations, trump cards, collectables, digital arts, digital museums, and much more. We are a bigger metaverse tbh.We are covering the entire lifecycle of NFTs. We offer more features on Colexion than you can find on any other platform. Colexion is much more than just an NFT marketplace; we are an NFT experience. Hence we are not just different; we are better than other existing NFT marketplaces. And this is being said not just based on my interest in the company but actual facts.

Q4 from Telegram user @Savitasapra3

Can you please some recently added most famous NFTs in cart of Colexion beside Yuvraj singh warrior bat? Can you please share the pic or gif for same?

Abhay Aggarwal Team

We will be doing our next drop soon.

Currently trump cards and yuvraj singh is live.

Q5 from Telegram user @Ratash97

How can we purchase the EXCLUSIVE COMBO PACKS is the access free to anyone ?

Abhay Aggarwal Team

These are the uses of our Trump Card NFTs

1. Play and win games ( mega rewards for people holding trump card first edition )
2. Authenticated NFTs with each celeb voice and sound
3. chance to meet the superstar in person
4. chance to win signed merchandise like t-shirt, cricket bat, pads, gloves, helmet from the celebrity himself

Q6 from Telegram user @Clint_25

How do Colexion’s NFT security mechanisms work? What is the extent of Colexion’s security system evaluation!?

Abhay Aggarwal Team

Got audited by the world’s famous auditing company, Hacken!

100% secure

Q7 from Telegram user @keskesislife

Every project demands the development of a collaboration. So, who do you have on your team? What are the benefits of those connections for you?

Abhay Aggarwal Team

Backed by Polygon, Jump Capital, Alan Howard, CV VC labs, Huobi, Hyperedge cap, ZBS cap, etc etc.

 And some names that we will announce next week. All are strategic investors to us.

Q8 from Telegram user @Ishan1_7

Where can I receive the most up-to-date information or learn as much about the project?

Abhay Aggarwal Team

Follow us!

www.colexion.io

Our Social media links: 

https://twitter.com/colexionnft

https://medium.com/@colexion_nft

https://t.me/ColexionOfficial

 Facebook: https://www.facebook.com/ColexionNFTs

 LinkedIn: https://www.linkedin.com/company/colexion

https://www.instagram.com/colexion.nft/

Q9 from Telegram user @atharv_989

For Artists,

What are the main Challenges that they face on other Platforms?

Abhay Aggarwal Team

The only challenge is educating newbies about NFTs. Creating adoption is what is the main challenge

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

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

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

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

https://twitter.com/realsatoshiclub/

https://esatoshi.club/

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https://colexion.io/