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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 ATTA and our guest, @cindyl111. The AMA took place on the 17th of August.
The AMA session was divided into 3 parts with a total crypto reward pool of 500$.
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1?—?introduction and questions from the Telegram&WebSite
Gold Rocket | Satoshi Club: Hello again, Satoshi Club community! We are pleased to announce AMA with ATTA. Today our guest is @cindyl111!
Cindy: Hi everyone!
Andres M. | Satoshi Club: Hello dear community. Let’s say hello to our dear guest from ATTA project @cindyl111!
Cindy: Glad to be here today!
Gold Rocket | Satoshi Club: It is also a great pleasure for us to have you here today
Andres M. | Satoshi Club: How is going your day Cindy? It’s a pleasure to have you here
Cindy: I’m doing great haha, thanks for having me here.
Gold Rocket | Satoshi Club: The last time we saw each other was in June.
Cindy: Yeah haha, I’m here today ready to share more about ATTA and our upcoming event
Gold Rocket | Satoshi Club: Feel free please. What interesting happened during this time?
Cindy: We had the successful launch of Ding Wu’s and O2’s NFT assets on BINANCE NFT. We also jointly launched the Childhood Fantasy Mystery Box and premium auction with Binance Charity and Smile Angel Foundation on Binance NFT. I can talk more about the details when bringing up our development progress haha.
Gold Rocket | Satoshi Club: Wow! you didn’t waste your time!
Cindy: Yeah, we’re packed with events and news!
Andres M. | Satoshi Club: Of course, excited to know more about it
Gold Rocket | Satoshi Club: Please remind us a bit about the project for new members. What is the meaning of ATTA?
Cindy: Sure!
ATTA is a block-chain based content creator for premium copyright assets and has joined Binance NFT 100 creators.
By focusing on music, movies, esports, charity and celebrity IPs, ATTA aims to introduce best-in-class assets with exclusive rights and benefits to collectors worldwide, and open a two-way door to the metaverse by converging the physical and the digital. ATTA products are available on leading platforms including Binance NFT, Element, BAZHUAYU, and Poizon App etc. For more information, you can visit: https://www.atta.zone/
Gold Rocket | Satoshi Club: Great intro! Thank you very much
We will have several questions selected for the Part 1. Ready to start?
Q1 from Telegram user @Jmagsss:
Atta specializes in NFT contents including Music, Movies/TV shows, E-sports, Celebrities & Charity. I have a question for TV Shows. We all know that producing a TV show is not a one-sit-job, for it requires months or even years of preparations, taping and editing. Does ATTA accepts TB series in its platform that are made locally with start-up crews and fresh artists? Does ATTA only accepts original and copyrighted TV shows and programs or do you also cater TV shows from the past as long as the content creators has the right to share them in a public platform like ATTA?
Cindy: Great question haha!
We do consider TV shows that are made locally with start-up and fresh artists, but currently we prefer more mature TV shows production team since most of our team members have been in the entertainment and art industry for several years, especially in China. This means that we have connections with a lot of outstanding suppliers in this industry.
For TV shows, we would probably start with short video series like the ones on TikTok and we would also cater TV shows from the past, but we are probably going to change the content a little bit so that it will have better gameplay and utilities for our users.
Andres M. | Satoshi Club: In the future, ATTA could become a big streaming platform?
Cindy: We’re not really a platform but a premium content brand. BAZHUAYU is the platform that will distribute the NFT assets. We not only focus on tv shows, movies etc, but also art, celebrity and turning their content into NFT, so technically BAZHUAYU would be a streaming platform haha!
Andres M. | Satoshi Club: Btw, at the moment which partnerships do you have regarding tv shows products?
Cindy: Currently, we hadn’t had any partnerships regarding tv shows yet, What we have right now is e-sport, celebrity and music NFTs. But we’ll definitely release tv shows product in the near future.
Andres M. | Satoshi Club: Thank you so much for the clarification and the great answer, would you like to add something before the next question?
Gold Rocket | Satoshi Club: Thanks a lot for your answers!
Cindy: We can proceed to the next question
Q2 from Telegram user @igervacio:
ATTA announced that their “Children’s Fantasy Mystery Boxes” sold out in an hour on Binance NFT, this is very interesting, congratulations, but I heard that part of that money raised was going to be used by you for charity. It strikes me that those Charitable acts are established for a specific health condition, because ATTA allocated part of the sales to the Smile Angel Foundation to support children born with clefts and their families. Did you choose this foundation at random or is there a medical condition that is special to ATTA?
Cindy: The foundation was not chosen at random, we are very selective in terms of partnerships in order to bring the best product to our users. We only collaborate with professional foundations, and the founders of the Smile Angel Foundation were the famous singer Faye Wong and famous actor Li Yapeng, whose daughter was born with clefts, so they established this foundation. As we mentioned in previous AMA, Our CEO has deep connections with many celebrities and IPs in China. He also has deep a connection with Smile Angel Foundation, and deeply know about their charity purpose and commitment. Therefore, we chose them as out partner.
Gold Rocket | Satoshi Club: It is very noble of you to do charity work by the way.
Cindy: Thanks, we’ll definitely collaborate with more charities and have more charity events in the future!
Gold Rocket | Satoshi Club: Thank you very much for the clarification.
Andres M. | Satoshi Club: We are happy to know it, that’s what our world needs
Cindy: Yes.
Gold Rocket | Satoshi Club: Ready for the next question?
Cindy: YES!
Q3 from Telegram user @UplineStephen:
To celebrate the launch of ATTA x LOL Streamer NFT Collection, you’re opening up the whitelist of the sale. All whitelist participants will have the chance to share Mystery Box airdrop with a total value of 5,000U. 200 lucky whitelist users will be hand picked to enjoy the exclusive discount of “Buy 4 Get 1 Free” during the sale (limited to 20 boxes per user). This is an incredible offer because I noticed that you’re giving up to $350,000 as cash-back rewards to all NFT holders through the voting pool, while users will also have redemption opportunities to play LIVE games with renowned LOL streamers.
May I ask, what qualifies one to join this exclusive NFT whitelist offer? Do I need to do anything special to qualify to participate? Or just anyone can join the whitelist contest you’re opening on August 19th 8:00pm (UTC+8)?
Cindy: For this question I would like to elaborate a little and talk more about it as it’s our major upcoming event haha!
Andres M. | Satoshi Club: Take your time
Cindy: So the first batch of “ATTA X LOL Streamer NFT Mystery Box Collection” contains three Streamers’ LOL Champion Figure with outfit and Streamers’ Fashion Figure cards, including Rita, Fireloli and Tong Xi, in three rarities: SR/R/N.
Rita(Over 2 million gaming followers)
Tong Xi(Over 2 million gaming followers)
Former EDG Player Fireloli(Over 1 million gaming followers)
The NFT card in this collection will be available to trade on Treasureland.
Most importantly, By collecting NFT cards, users can not only participate in the “ATTA Tournaments” voting pool, but also redeem for LIVE gaming opportunities with a streamer if they collect the streamer’s entire NFT collection.
Rules for LIVE game with renowned streamers:
1) Collect all types of Rita’s NFT (4 in total): Win the opportunity to have one LIVE game with Rita during streaming;
2) Collect all types of Tong Xi’s NFT (4 in total): Win the opportunity to have one LIVE game with Tong Xi during streaming;
3) Collect all types of Ai Lori’s NFT (4 in total): Win the opportunity to have one LIVE game with Ai Lori during streaming;
Here’s the tutorial for purchasing the Mystery Box:
https://medium.com/atta-official/atta-x-lol-streamer-nft-mystery-box-collection-purchase-tutorial-fc293f3aa25e
To celebrate, we’re opening up the whitelist of the sale. All whitelist participants will have the chance to share Mystery Box airdrop with a total value of 5,000U.
200 lucky whitelist users will be hand picked to enjoy the exclusive discount of “Buy 4 Get 1 Free” during the sale (limited to 20 boxes/ user).
Join whitelist here: https://forms.gle/JY2XL5BS4RzY5smv5
Join the sale: https://bazhuayu.io/
Here’re some demo of the NFT cards and the probabilities of each type of NFT card
Here’s an overview of the probabilities of each type of card:
Andres M. | Satoshi Club: What is the most difficult card to earn?
Cindy: It would be the SSR NFT cards.
Andres M. | Satoshi Club: I love the concept of NFTs with usecases
Cindy: YES, that’s our core concept haha! Not only collectibles but also utilities.
Here are more details for this upcoming batch of NFT collection: https://medium.com/atta-official/exclusive-drop-atta-x-lol-streamer-nft-mystery-box-collection-with-up-to-350-000-voting-pool-ea053d1cd165
Andres M. | Satoshi Club: Satoshiclubbers, let’s join this amazing campaign
Cindy: And shifting to introducing “ATTA Tournament” the voting pool.
As givebacks to all Mystery Box purchasers, ATTA will open the “LPL 2021 Summer Playoffs” NFT Voting Pool at https://www.atta.zone/ after the sale ends (August 20th). You can use your NFTs to vote for their favorite teams during each match.
Gold Rocket | Satoshi Club: This is truly a great event! And those lucky ones who win will be simply in seventh heaven
Andres M. | Satoshi Club: Yes a big one, LOL is one of the most famous MMO in the world!
Cindy: Yes haha, after each match, users who voted for the winner can share all the rewards from the dedicated reward pool (shares are calculated by the weights of different rarities). Up to $350,000 from the first sale will go into the tournament reward pool, all of which will be given back to NFT holders as rewards.
ATTA will continue to release “ATTA x LOL Streamer NFT Mystery Box Collection” by batches and with different series. More reward pools will be opened for tournaments including the “League of Legends World Championship,” while part of the sales will continue to be rewarded to NFT holders.
Gold Rocket | Satoshi Club: Really fair!
Cindy: Yeah haha, we carefully discussed and dedicatedly made the rules to make it fair for all users.
Andres M. | Satoshi Club: Thanks for the detailed explanation, we hope our community don’t let pass this opportunity!
Cindy: Most importantly, the NFTs will not be burned after each vote or redemption and can be traded freely anytime. NFT holders can use them for all the future voting pools and rewards.
Here’s a tutorial for participating in the voting pool: https://medium.com/atta-official/lpl-2021-summer-playoffs-nft-voting-pool-tutorial-ae1fd489926d
Gold Rocket | Satoshi Club: Win-win position for holders.
Don’t miss great opportunity, Satoshi Club
Cindy: I would like to emphasize the benefits of whitelist again haha!
All whitelist participants will have the chance to share Mystery Box airdrop with a total value of 5,000U.
200 lucky whitelist users will be hand picked to enjoy the exclusive discount of “Buy 4 Get 1 Free” during the sale (limited to 20 boxes/ user).
Join whitelist now: https://forms.gle/SPb1ShUd52CtvSkRA
And ready to move on to the next question!
Andres M. | Satoshi Club: Question covered, let’s proceed!
Q4 from Telegram user @DK177:
Announcing the “LPL 2021 Summer Playoffs”, you have indicated that up to $350,000 from the first sale will go into the tournament reward pool and they will be given back to NFT holders as rewards. How do you calculate and distribute these rewards among users? Does the reward depend on the total value of NFTs that each user holds? By the way, prevailing pandemic situation may have a negative impact on this kind of NFT voting pools. How do you manage those issues? Have you identified this kind of challenges you may face? Please explain about your strategies to survive in this situation.
Gold Rocket | Satoshi Club: Partially disclosed, but maybe you will find something to add
Cindy: Yes, so I think I answered most of the concerns about the voting pool in the previous question. The rewards will be calculated based on the weights of your NFTs, where SR (the rarest NFT) will have the most weight, then R then N.
For the pandemic situation, we had considered this condition. If the organizers of the competition had to, they would move it to virtual tournament, so it won’t really affect our voting pool because there’ll still be ongoing matches that users can vote for.
That’s all I want to add on for now
Gold Rocket | Satoshi Club: Thanks
Andres M. | Satoshi Club: Thank you, btw could share us your roadmap? To remember our community what is coming
Cindy: The road map will come with our whitepaper, which will be released soon I believe. Since we have not launched any token, so have not published whitepaper on our website, but will definitely have it ready for everyone before the token launches.
What I can disclose for now is that in the first stage, we did project research, finished seed investment, prepared for beta product, etc.
In the second stage (current), we will focus on Ecosystem development, launch on Binance NFT, deployment on Flow, as well as utility redeem such as the Binance NFT charity series. Additionally, community activities including NFT e-sport, NFT concert, movie premier, etc.
The third stage (probably next year), we will potentially have our TGE announced, depends on our development.
Andres M. | Satoshi Club: We can’t wait
Gold Rocket | Satoshi Club: Looking forward to news
Cindy: Yes, make sure to join our telegram for the newest updates! https://t.me/attaofficialeng1
Andres M. | Satoshi Club: Of course! Satoshiclubbers, let’s join!
Time to proceed with the next question.
Q5 from Telegram user @andrey_seleznov:
Hi ATTA!
I saw on ATTA website NFTs priced not only in crypto such as BUSD, but also in fiat currency like HKD. Do you plan to expand the supported fiat currencies list? Do you have analytics that can suggest how many users in percentage use fiat support vs the crypto payments and maybe how many users have joined the platform because it allows fiat transactions? And finally, ATTA promises not only virtual art but also physical items. How can users purchase real art items and how do you guarantee the uniqueness of such items in the edition is limited?
Thank you!
Cindy: So currently, we support credit card and cryptocurrency payment, that’s why it has HKD as an option. And our team definitely have professional tech team and analytics in order to secure the website and make progress for our project.
For the physical items, we jointly launched the Niu.X fashion toy with POIZON in March on https://www.bazhuayu.io/. We’re planning on launching more physical collectibles like this in the future. But currently, for physical items, they are mainly redemption rewards, like the Smile Angel Foundation collection where you can collect NFTs and redeem for physical rewards.
The items are limited and unique because they’ll all be jointly launched with premium IPs and will only be produced by ATTA, most importantly, we’ll limit the number of editions released!
Andres M. | Satoshi Club: Are you planning to accept more fiat currencies as payment method?
Cindy: Yes we might, it depends on our development progress haha! Will definitely notify our users if we start accepting more fiat currencies.
Andres M. | Satoshi Club: Haha I think it could increase the adoption of no crypto users.
Cindy: For sure, ATTA’s concept is also linking the real world and digital world.
Gold Rocket | Satoshi Club: Sounds great!
Andres M. | Satoshi Club: Now, the last question of this part of the AMA is here, ready to go?
Cindy: YES!
Q6 from Telegram user @Highpee:
Your last visit on June 21st was an interesting one and you were able to explain the details of ATTA NFT to us. However, during the last question from Part 1, you were not fully able to provide a clear explanation to the question which was in relation to how NFTs are stored when they are minted. You guessed it may be IPFS, but you were not certain and then promised to check it up with the technical team.
If I may amplify the question again, are these NFTs stored on your server or do you make use of IPFS to store music, art, videos and other media related NFTs? Is the process of NFT production and storage a one way on-chain process or are these processes shared into both on-chain and off-chain components? And as a premium NFT brand that place priority on Intellectual Property, how do you authenticate these NFTs to guarantee their legitimacy during the process of minting and before storage?
Cindy: Yeah haha, thanks for the reminder. For the NFT, confirmed with the tech team it’s IPFS and on-chain.
For authentication, currently we only partners with professional organizations, institutions etc. And as I mentioned previously, we’re very selective in terms of partnerships, like Smile Angel Foundation and the LOL Streamers, we directly communicate with their MCN and union. They also posted official announcement on their side.
Gold Rocket | Satoshi Club: Tell us a bit about Exclusive Chip Certification
Cindy: Sure!
Gold Rocket | Satoshi Club: This is something new in this industry.
Cindy: Yes haha, so the Proprietary Chip Authentication, which is for NFT products that are associated with a physical entity. In that case, we’ll associate a chip with the NFT on-chain, authenticating the unique identity of the physical item. The NFT associated with the chip can be read with the BAZHUAYU App, which corresponds to the individual authentication information of the product.
For more of the details, we have an overview on https://www.bazhuayu.io/
We’ll also post guidelines regarding the process if we release any more physical collectibles educating our users about it.
Andres M. | Satoshi Club: Thank you Cindy for your complete answers, this first part was amazing and informative like past AMA
Now is time to interact with our dear community!
Cindy: I’m ready!
Gold Rocket | Satoshi Club: Thanks
You are great @cindyl111!
Part 2?—?live questions from the Telegram community
Q1 from Telegram user @Nenyesam:
Can you share the social media links, where we can read and understand more about this project and also any educational guide on NFT that will help us navigate properly on your platform?
Cindy: Here’re our Social Media Links:
- Twitter: https://twitter.com/ATTA_NFT
- Telegram: https://t.me/attaofficialeng1
- Medium: https://medium.com/atta-official/tagged/attaeng
- Instagram: https://www.instagram.com/atta.zone.official/
We have posted a lot of tutorials on Medium that you can follow, as well as some introduction of NFT and our concept on ATTA’s official Website: https://www.atta.zone/ and Bazhuayu: https://www.bazhuayu.io/
Here’re also two tutorials for Mystery Box purchase and voting pool:
Q2 from Telegram user @coinerman:
As I understand it, ATTA’s team is currently primarily focused on the Asian market. Will you try to reach other regions to become more globalized? What strategy will ATTA follow to expand rapidly?
Cindy: Yes we will definitely reach out to other regions and ii is planning on it. For instance, for the LOL NFT collection, we’ll open the “League of Legends World Championship” voting pool and is planning on collaborating with more well-known streamers from other regions.
Q3 from Telegram user @meml97:
It caught my attention that right now, there is this event happening on ATTA called “LPL 2021 Summer Playoffs”, can you tell us more about it? What is this event exactly about? I read that users can vote on it and they can do it with certain NFTs, can you give us more details? Why is there a voting system needed and what kind of NFTs can people use to vote? Also how can they vote? What can users win if they voted for the winner team? What benefits do they get from this event? How long will this LPL 2021 Summer Playoffs last?
Cindy: Yes, I think I have disclosed most of it in the AMA. But here’re some important highlights:
You can vote with NFTs from ATTA X LOL Streamer NFT Collection.
After each match, users who voted for the winner can share all the rewards from the dedicated reward pool (shares are calculated by the weights of different rarities). Up to $350,000 (around 70%-50% of the revenue) from the first sale will go into the tournament reward pool, all of which will be given back to NFT holders as rewards.
ATTA will continue to release “ATTA x LOL Streamer NFT Mystery Box Collection” by batches and with different series. More reward pools will be opened for tournaments including the “League of Legends World Championship,”, while part of the sales will continue to be rewarded to NFT holders.
I posted the tutorial above but here’s an article if you prefer this way: https://medium.com/atta-official/lpl-2021-summer-playoffs-nft-voting-pool-tutorial-ae1fd489926d
Q4 from Telegram user @Wong2008:
Can you tell us about the governance mechanism through ATTA Platform?
Cindy: Just for clarification that ATTA is not a platform but a premium content brand, and we have not launched our token. However, it’s very likely that we will launch our token in the near future and publish whitepaper before that.
Q5 from Telegram user @messilolz:
Where are your NFT listed to buy and do you have your own NFT market or not?
Cindy: We currently don’t have our NFT marketplace, but you can see ATTA NFT on many leading platforms including Binance NFT, Elements, Treasureland and BAZHUAYU. The upcoming Streamer Collection can be purchased on BAZHUAYU: https://www.bazhuayu.io/
Q6 from Telegram user @captainpricee:
Although the usage areas of NFT are expanding, a very large audience is still unfamiliar with this technology. Does ATTA plan to reach this audience? Also, do you have any tutorials for those who haven’t learned how to create NFT yet?
Cindy: Yes we definitely want to reach those audience who are unfamiliar with NFT, since our concept is also linking the real world and digital world.
We create guidlines and tutorials along with all the sales and events for people to follow.
Q7 from Telegram user @AugusS7:
I could notice that one of the main sponsors of ATTA is BAZHUAYU, which is a platform that seeks to take advantage of the full potential of the fans, therefore, could you tell us a little about how beneficial the sponsorship of this platform is to the content creator ATTA? Will it really provide you with technology that will allow you to bring artists closer to fans? If so, how will you do it?
Cindy: For that sponsorship, you can read more in this article. BAZHUAYU has strong resources to help us develop: https://medium.com/atta-official/bazhuayu-launches-premium-content-brand-atta-64e74fb28522
Q8 from Telegram user @Jonathantross:
I have seen multiple NFT projects which generally focus on simple digitalization of a picture, video clip or any creation. How ATTA is different from these projects?
Cindy: We are supporters of utility NFT, as we think NFT has evolved and pure social NFT projects like APE or Crypto Punk are hard to develop anymore. You need to focus more on the utilities of NFT from now on.
A key to utility NFT is the scale of the rewards provided. We believe you not only need to link the real world, but also converge the physical and the digital, to make it a two-way interaction. For example, NBA Topshot, a great project, but more focused on one-way connection, from the real world to the digital. That’s why their trading volume depreciated significantly.
ATTA is trying to create a NFT brand that links the real world, a convergence of the physical and the digital, a two-direction door to the metaverse. This is our key differentiator?—?not just digitalize assets from the real world, but also bring digital to the real world.
Q9 from Telegram user @meml97:
During the last AMA session between ATTA and Satoshi Club, you said you were mainly focused on the Chinese market as the CEO knew a lot of Chinese influencers, but since that moment ATTA has grown exponentially, especially now that an alliance between the project, Binance NFT 100 Creators and Binance Charity has begun. So I was wondering, is the Chinese market still your main target or did that change thanks to all the progress you’ve made? Will you specifically focuse on one market after the Chinese one or do you plan to make things more on a global spectrum from now on? Whatever your next target is, I would like to know what your marketing plans are to keep growing?
Cindy: As I mentioned previously, we’re planning on collaborating with more well-known streamers from other regions for the LOL Streamer collection as well as opening up voting pool for LOL world championship. And since League of Legends is a global game, we believe it would attract many users from other regions.
Q10 from Telegram user @Ratash97:
Utility NFT is quite a new concept for me, can you explain more about the utility aspect of ATTA NFTs?
Cindy: Yes, utility is the core value of our NFTs. For instance, all NFTs from this LOL collection can be used to predict match results for LOL tournaments and win rewards.
Here’re the details on ATTA NFT Utility:
As a support of Utility NFT, ATTA will open an “NFT Benefits Redeem Store” for each IP. You can’t shop in the store, but only redeem the IP’s rights and benefits through related NFT products that were produced by ATTA. So be sure to hold the NFT of your favorite IP.
Imagine your favorite streamer invites you to play a LOL game together during the streaming, or share something special with you and you ONLY. You will be able to vote to decide what benefits to be included with ATTA NFT?—?we could own any benefits that you could image through NFT.
ATTA NFTs will not only be collectibles, but also utilities.
ATTA Token:
If ATTA issues its own token in the future, all holders of ATTA-produced NFTs (including airdrops) will receive tiered benefits.
Certain holders of ATTA NFTs will even receive priority subscription rights of the ATTA token.
Purchase Eligibility for Super Rare NFT:
ATTA will occasionally launch super rare NFT products of top IPs, which will be available for purchase ONLY to holders of ATTA NFT. Super Rare NFTs will all be eligible for obtaining the top benefits in the real world.
Part 3?—?Quiz Results
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:
- 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/
- Twitter: https://twitter.com/realsatoshiclub/
- Website: https://esatoshi.club/
Our partners:
- Twitter: https://twitter.com/ATTA_NFT
- Telegram: https://t.me/attaofficialeng1
- Medium: https://medium.com/atta-official/tagged/attaeng
- Instagram: https://www.instagram.com/atta.zone.official/
- Website: https://www.atta.zone/
