Gate.io AMA with ShoeFy-The First Multi-Chain 3D NFT Racing Game Across All Devices
Time: Nov 16th, 2021, 13:00 UTC
Gate.io hosted an AMA (Ask-Me-Anything) session with Michal Horvarth, Chief Marketing Officer of ShoeFy in the Gate.io Exchange Community.
Official Website: https://www.shoefy.io/nft
Twitter: https://twitter.com/ShoeFyio
Follow ShoeFy on Twitter and Telegram
Guest
Michal Horvarth — Chief Marketing Officer of ShoeFy
Q&A from Gate.io
Q1: Can you please introduce yourself and give us a brief background?
Michal: Pleasure to be here, I have been in the crypto space ever since late 2016, so I assume you can call me a crypto OG since I have already been around for two bull markets. In March 2017 I held my first ever Ted talk about distributed ledger technology and blockchain, realizing the benefits of such a technology.
In March this year, I started my own blockchain venture capital firm called Catena Venture Capital, and that’s how I came across some great talented people, one of them being the founder of ShoeFy.
Q2: Can you give us a brief explanation of what ‘ShoeFy’ is? Also, what made you want to create platforms in the NFT space?
Michal: ShoeFy is an innovative decentralized platform that combines Non-Fungible Tokens (NFT) and Fungible Tokens (FT). It is a futuristic NFT project that utilizes cutting-edge DeFi tools to maximize returns. ShoeFy can amplify the NFTs potential by including both farming and staking to generate passive income.
ShoeFy will have two tokens namely, $SHOE(ERC-20), the native Fungible Token and sNFTs (ERC-721) which are randomly generated on-chain. Each NFT is an algorithmically programmed unique digital pair of shoes on the platform.
The current markets of NFTs are limited to buying, holding, and selling which lacked liquidity. ShoeFy monetizes the sNFTs used in tools such as farming and staking in the platform to generate passive income.
In addition, ShoeFy is a platform where NFTs and FTs will have value interchangeability.
Q3: That’s quite interesting! So how will the experience and the background of your team affect the success of your project?
Michal: The project is led by a team of experienced blockchain venture capitalists, creative NFT developers, and top-tier marketing experts spanning from Europe to Canada and onto South Korea & Thailand in SE Asia. Our team members share common goals and foresee a huge opportunity in the NFT and DeFi market space. In terms of their backgrounds, some of them are founders of creditable VC firms and also marketing experts. Other members have experience in reputable crypto projects and exchanges. Also, we have boarded a tech team of superior talent building our platform. So the team members coming from diverse backgrounds with vast experience and knowledge, we are very confident that this project will really do well in the market.
Q4: And now, can you share with us the ShoeFy Token-omics and vesting schedules that you guys have planned? And also tell us about the utility of the $SHOE token.
Michal: $SHOE token will be utilized as the native token to add Utility to NFT via staking, farming and LP which generates the passive income.
$SHOE token will be used for the Governance, DAO.
$SHOE will also be used as the entry ticket to the ShoeVerse (metaverse of shoefy platform) and at the later stage for incentivizing in the play to earn game such as shoe battles, shoe contests and shoe fashion show.
$SHOE will be used as the SWAP fee for the NFT SWAP.
$SHOE token is required to be paid for minting/farming new shoe NFT in the shoeFy platform.
Q5: And last question before we open the chat for the audience’s questions. So far, how many launchpads did you do the IDOs on and how was the community’s response? What do you expect of the Gate.io listing?
Michal: We had an amazing launch week, and all the launchpads got sold out very quickly. In-fact, on multipad we got sold out within the 5 seconds of the second round. Likewise, we got sold out on moonstarter within 55 seconds and polkabridge within the first 3 minutes. Then on the following days of the launch week we got sold out again on Duckdao, KwikStarter, TruePNL and Oxbull. Now we are doing our public sale whitelisting on our website which is also already oversubscribed. There is so much rush amongst communities to grab our precious $SHOE tokens. All in all it was a very successful launch week.
https://twitter.com/ShoeFyio/status/1447914005641662465?s=20
https://twitter.com/dao_duck/status/1448296041690935298?s=20
We are now very excited to be launching on gatestartup and later listing on Gate.io. People know that ShoeFy is here to stay and they believe in our project. So we are also confident that we will have the same demand and rush in the Gate community as well.
