Crypto Insights hosts an AMA with NFTmotel. #BNBChain #CryptoInsights #AMA
Crypto Insights Admin: Hello and welcome Christie Elizondo !
How are you today?
Christie Elizondo: Hello, doing well and our team is excited to be here!
Crypto Insights Admin: Happy to hear! Ready to start our AMA? 🎉
Christie Elizondo: Yes, let’s go!
Crypto Insights Admin: Now to start the AMA !
Q1: Team NFTmotel please have a quick-introduction to the community and background of the team behind this project.
Christie Elizondo: Hi everyone, thanks for joining our AMA to hear more about our exciting project! NFTmotel.io aims to become the premier Adult Entertainment site in Web3, with next-gen tech and unseen quality of product and service to consumers, companies and models!
My team is assembled from many different industries such as finance, marketing, entertainment and business. Our COO, for example, is an expert on the technical aspects of NFT’s and has been able to find unique ways to add value to our project and maximize the user experience. Our CFO brings a wealth of corporate finance experience which has been crucial to helping us achieve our goals of presenting the lowest fee platform in the industry. I myself have a background in revenue operations, marketing automation and helping tech start-ups scale.
Crypto Insights Admin: Very adequate! Nice to know your team.
Q2: Please walk us through briefly the core features, what makes NFTmotel unique?
Christie Elizondo: NFT Motel is unique in the fact that we are not just another NFT marketplace selling 18+ content. We are serious about advancing the adult entertainment industry into Web3. A few of our core feautres are personalized engagement as a new take on the girlfriend experience, popularity-based Monarch Competitions, Model Hosted Rooms and Peep Shows, View to Earn content and VR NFTs, an NFT marketplace with advanced minting features, and a dApp that will provide access to our platform from your favorite dApp browser.
Crypto Insights Admin: Very interesting
As you can see that our members are looking to see your NFTs.
Q3: What is the revenue structure? Will models be charged?
Christie Elizondo: Our token MOTEL will be tradeable on ETH as a regular cryptocurrency, but will also serve as the optimized currency of our amenities and features. Users that purchase on our platform with MOTEL, will pay lower fees than those using ETH or other cryptocurrencies.
We do not take anything from our modles and only charge small platform fees to our customers, so we expect many models to move over from other platforms. Our NFTs will feature a comprehensive royalty program to ensure both models and companies earn revenue and build value. Models will also be able to assign royalties to their co-stars in their NFTs.
Crypto Insights Admin: Well-planned
Q4: Does your token have tokenomics or a tax?
Christie Elizondo: No, there is no token tax for MOTEL. After careful consideration we decided to steer clear of token tax. The team looked at many different options but ultimately landed on a zero tax.
Crypto Insights Admin: Wow, that would be a great news for all investors.
Q5: Do you have any special plans for your presale?
Are there any events that the Crypto Insights community can attend to?
Christie Elizondo: Our presale will be a multi-tiered Fair Launch consisting of 10 phases over the course of a maximum of 75 days. Each phase will have a predetermined allocation and sale price. Phases 2 through 9 will begin when the prior phase is sold out.
During our presale we are doing massive raffles and price giveaways. At the end of Phase 3, one lucky wallet will win either a mint condition, 1967 Ford Bronco appraised at a value of $125k or $100k in USDT – the winner gets to choose! For the following phases, prizes for the successful sell out of these phases will be $50k USDT each. That’s almost half a million in prizes over the whole presale.
We are hoping to see members of the Crypto Insights community involved in our early presale stages beginning October 22nd and our giveaways after learning more about our token today.
Crypto Insights Admin: Lset calendar to join guys. Don’t miss out. Marketing is important to potential holders.
Q6: What is your current plans for marketing? Is NFTmotel exploring partnerships already?
Christie Elizondo: Marketing is crucial to potential holders are we are taking marketing strategy very seriously at NFT Motel. Our campaigns which are launching daily are driven by both crypto and adult entertainment influencers. We will also be announcing our Brand Ambassadors who will be promoting NFT Motel to their existing followers as well as attracting future models onto our platform.
We have already secured a partnership with one of the largest adult entertainment brands, who will be announced two weeks prior to the launch of our NFT Marketplace. We are also actively seeking new connections in different avenues of the industry such as toys, games, cams, and streaming to provide an even more interactive element to NFT Motel.
Crypto Insights Admin: What’s a great plan !
Q7: What can we expect next on your roadmap in the next 3 months?
Christie Elizondo: First, we are starting our presale on October 22nd which will include contests and giveaways. MOTEL will launch on Uniswap and selected CEX listings will follow the IDO. We are building out our NFT Marketplace and will begin onboarding our partnered stars. Development will then continue on the dApp to make NFT Motel products and services more accessible and convenient from within your wallet.
We are also excited to reveal our strategic partner who will help us link the adult entertainment industry. Most importantly, we want to keep an open line of communication with our community to help us prioritize the most sought-after amenities and features.
Crypto Insights Admin: Clear roadmap and very potential. Last but not least.
Q8: Where can we find out more about Bit5 on social media?
Christie Elizondo: You can find all of NFT Motel’s social media platforms in LinkTree: https://linktr.ee/nftmotel.io
Q9: Hey, Christie Elizondo 💓💓
Can you tell us what an adult entertainer has to do if he wants to start monetizing content on your platform? Do they have to go through any kind of verification process for that? Is there a fee to pay to #NFTmotel to become a content creator?
Christie Elizondo: Content Creators will go through a convenient onboarding process with our dedicated support team, so they can learn how to utilize our platform best to their advantage. During this process they of course will be verified too, so we can make sure they are who they say and they own all the rights to the content they will be offering on our site. And no, models and production companies won’t need to pay fees, which is a big advantage over other platforms.
Q10: Hello Christie ! Why are you so interested in creating processes, technologies and innovations related to the adult entertainment Industry? Can you share more information about how blockchain can solve problems or difficulties in the traditional adult entertainment industry?
Christie Elizondo: I believe the adult entertainment industry is a great use case scenario for the blockchain as traditionally, models have been struggling with maintining control over their image and rights to their content. With NFT Motel, they will be able to advocate for themselves and ensure consumers cannot easily copy their content and redistribute. They will be able to interact with fans in new ways, mint NFTs without paying platform fees and no longer be discrimated against regarding their payments from traditional banking/payment providers. This will also give users who aren’t traditional crypto and NFT holders, a real-life application and introduction to the blockchain.
Q11: Almost 80% investors have just focused on price of token in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in long term?
Christie Elizondo: The fact that MOTEL is a platform wide currency makes it transient in nature which will generate a lot of revenue through to small fee collected on the platform. We then take some of that revenue and drive it back into the project to see continuous burn effects which supports long term valuation. With our partnerships ready, we will be making a huge splash in both web3 and the adult entertainment industry, which in itself will be a massive driver for the long term valuation of the project.
Q12: My question is about your long term marketing plans. How, or through which big partnerships do you plan on utilising to pass your product onto the normal – especially non-crypto people?
Christie Elizondo: We have already secured a partnership with one of the buggest brands in adult entertainment which will help A LOT with marketing. Also, the models themselves will play a big role in our marketing efforts, as they will direct their followers to our site just like they do now with other big sites like OF. Since we don’t charge them any fees, we expect a lot of models to switch to our site once we’re live. We hope to involve non-crypto people into our community to help us develop our product and we are also building robust training and videos to train on the technical aspects of purchasing MOTEL. I feel I can empathize, as someone without a traditional crypto/finance background, with the users and can put myself in their shoes when involving the community.
Q13: Do you have any Coin Burn / BuyBack systems or any Token Burn plans to increase the value of Token & attract Investors to invest?
Christie Elizondo: Yes, we will use a significant portion of our net revenue to buy back & burn MOTEL. But we have also decided to use a portion of that revenue to support other communities by doing bb&b or buy & hold for them. Right now our favorite one to support first is LUNC, but we will probably leave that decision to our holders in the end.
Crypto Insights Admin: Thanks for answering our community’s questions.
For those whose questions didn’t get selected in this segment
Christie would love to answer any unanswered questions left after the AMA in NFTmotel telegram group.
With this, we are now at the end of our AMA session with NFTMotel 🔥🔥🔥
Time for wrapping up, any last words you would like to say to our community?
Christie Elizondo: Thank you for taking the time to learn more about NFT Motel and our future plans! We hope to see you at the presale October 22nd and we will also be starting our exciting raffles and price giveaways during the presale. We will be happy to answer additional questions in our TG and welcome feedback to involve the community in our project going forward.
Crypto Insights Admin: It was a pleasure having you here
Thank you so much for spending time with our community & All the very best for NFT Motel🚀