AMA Recap Crypto Library with NFT Maze

                                       

On 19th November 2021, NFT Maze conducted an AMA in the Crypto Library Community. Our guest is NFT Maze Team. Lots of questions as usual from the Community about NFT Maze progress. The NFT Maze team took part in a very interesting AMA session which included introductions, questions from twitter, and a live AMA session with the Crypto Library community. If you missed the AMA in person, read this recap for a deeper insight into NFT Maze.

Let’s take a look at the most interesting points of our conversation. 

INTRODUCTION
Crypto Library Team : So, before we start the AMA could you please introduce yourself to our community?

(NFT Maze) : Hi Myself Christopher Anderson, you can call me Kit. I am the project lead of NFT Maze along with Davide Ndungu. We have a team of other 3 supporting for development and marketing along with 3 community moderators looking after telegram chat support 24x7.
FIRST SEGMENT (HOST)
Crypto Library Team : What is NFTMAZE? and how your team begin the process of creating this project?

(NFT Maze) : NFT Maze is a decentralized NFT Marketplace for Creating and Selling NFTs on the Binance Smart Chain. You can Create, Discover, Trade and collect your NFTs here. its an NFT marketplace designed to deliver an ultimate NFT journey experience to all NFT lovers! NFT MAZE came out when we observed market inefficiencies. For example, many users are hesitant from experimentation and exploration of NFTs because of very high network fees and even today there is nil to very limited support for commercial and licensed content by any NFT platform. Our goal is to create the most User-Friendly & Interoperable NFT platform which rewards its holder and is cost-efficient. So we will eventually integrate other networks like Solana (SOL) and Tezos (XTZ) which are doing great on NFT space and have low transaction fees along with BSC the King. Users will only pay 1% fee to use NFT MAZE platform irrespective of their activity type.

Crypto Library Team : What makes NFTMAZE different from other NFT Platforms out there?

(NFT Maze) : It's a question that we're asked very often as it seems that NFT space is getting saturated.
So, some of key features of NFT MAZE:
  • Discover hot and trending NFTs on $MAZE platform
  • List, buy and sell your NFTs on one page, creating one-page-experience. This is our mission to create a seamless experience for NFT lovers.
  • Sell NFTs through auction to get the best price for your art or
  • through direct sales at a fixed price of your choice.
  • Seamless usage of NFT MAZE platform; no coding skills needed. It's more like plug-n-play style.
  • List NFTs without paying any fees and pay the lowest transaction
Fee on a NFT sale; 1% ONLY. In addition to the above, we reward long terms holders by redistributing 2% of every transaction.

Crypto Library Team : Please tell us about your $MAZE token! What are the token use case, distribution, and how to buy/get it?

(NFT Maze) : $MAZE is the native token of NFT Maze platform. We already explained a few features of the platform above. $MAZE will be used to buy/sell/ transact NFTs at discount. We are rewarding $MAZE holders for every transaction on its platform; 5% tax redistribution.
  • 2% passive rewards to $MAZE holders
  • 2% used to add liquidity
  • 1% sent to marketing fund to bring more investors and buyback

  • Get $MAZE rewards delivered to your wallet by just holding your tokens (2% on every transaction will be distributed to $MAZE holders)
  • Increase liquidity automatically thus providing an ever-growing pool to ensure effective and efficient pricing for all $MAZE holders (2% on every transaction will be added to liquidity pool)
You can refer the below whitepaper or website for more details:
We concluded our pre IDO on InfinityPad yesterday and successfully raised 1000 BNB in less than 2-3 minutes and having our Presale sale on Pinksale platform on Saturday, 20th November, 14:00 UTC. People interested can get whitelisted here:
Crypto Library Team : Could you give us some information about your roadmap, your milestones, and also your future plans?

(NFT Maze) : Thanks for the question, it is a critical question. Regarding roadmap, we have been very focused on delivering on milestones agreed and published publicly. For Q3/Q4, we have been mostly focused on launching our website, developing marketplace foundation, and growing the NFT MAZE community through aggressive marketing. Now, we have seen solid growth and continue to push more in that direction. As Chris mentioned, we finished our pre-IDO on InfinityPad and raised 1000 BNB and announced a Partnership with them as well. Another few announcements are due . As part of our fundraising plan, we are doing last leg of it tomorrow on Pinksale at 14:00 UTC and then Pancakeswap listing. So, that’s going as per our plan. We are heavily focused on developing the platform as well and happy to say that we're making solid progress there. As per our public roadmap, we’ve $MAZE platform scheduled to launch in Q2 2022, but I’m super excited to announce here that we’re on track to deliver the NFT MAZE marketplace ahead of our scheduled, early Dec. Our team has really worked hard on this and we believe a solid marketplace is key to our success. 
SECOND SEGMENT (TWITTER)
Crypto Library Team : As a fundamental factor, what security protocols #NFTMaze implements in protecting all the assets of your commercial partners and key users on this platform?

(NFT Maze) : NFT MAZE smart contract is minted using Pinksale’s audited platform. But to ensure enhanced security and as part of our IDO partner’s (InfinityPad) requirement, $MAZE smart contract was audited again by the Interfi Network team. I’m happy to share that our contract came out clean as expected. In future, once our marketplace is fully developed and ready to be launched, we’ll have an end-to-end security assessment and audit before the release. Also we will use a verified badge system to verify Artists and Artwork to provide kind of assurance to the buyer and recognition to Artists. Just to add Pinksale is audited by Cetrik. So, we have basically two level security check!

Crypto Library Team : Will #NFTMaze implement AR/VR technology in its Marketplace? How does #NFTMaze maintain the authenticity of the artwork circulating in this marketplace?

(NFT Maze) : We're a marketplace for NFT. SO, that means anyone one can trade their NFT/ Artwork - buy/sell. It's decentralized so more power to creators and their followers. When it comes to AR/VR, I believe NFT market is far from there and we as a marketplace will adapt according to the market. It doesn't make sense for us to use resources to implement something which is not actively used in the market. Regaridng art authentication, we've something call Artist Verification. It means that eventually artist will be verified and they will have a verified badge. Also, exclusive section for artists whom we have tie up to provide authentic and exclusive art work. These are some of the ways we're going with and as we go further, we may add more!
THIRD SEGMENT (LIVE QUESTIONS) 
Crypto Library Team : Other NFT marketplace exist in BSC, then what is your best deal for users? what's you offer in the marketplace? is there any small transaction fee applied?

(NFT Maze) : List NFTs without paying any fees and pay the lowest transaction fee on a NFT sale; 1% ONLY.

Crypto Library Team : Regarding the sale of NFTs, could you tell us what the different sales modes will be? And also what will be the requirements to participate in each of these types of sales?

(NFT Maze) : NFT sale models are not designed by us or any platform for that matter. It's the artist who decides the terms of NFT sales. We only take 1% fee for sale, nothing to list.

Crypto Library Team : So many projects just like to speak about the "long term vision and mission" but what are your short terms objectives? What are you focusing right now?

(NFT Maze) : Short term focus: closing our sales round. Last leg tomorrow on Pinksale and then we launch. Product development: we're ahead of schedule so hopefully platform launch already in Dec. The we go heavy on partnerships with artists in Q1 2022.

Crypto Library Team : What is the biggest challenge you face currently in terms of becoming a successful project ?

(NFT Maze) : The biggest challenge is literally to build a product that your customers love. We're on that mission and trying our best. But there are always hurdles so we like to build a solid community for a feedback loop and that's what I see a daunting task.

Crypto Library Team : With 2% passive income on each transaction, the funds will continue to grow as long as $ MAZE is available. So, can I receive this 2% for each transaction made on the platform daily, or can I only receive it once a month? Could you give us more details?

(NFT Maze) : On each transaction 2% will be automatically distributed to all token holders! No need to stake or wait.

Comments
Frost
Solid project, can't wait to be able to buy and sell NFTs on there !! It's going to be big in 2022
sadboy
Good project
Iam suport you