CryptoThrust X Polkally AMA
Guest: Chloé Bigot (CEO polkally)
So my name is Chloé, I’m a french painter & 3D artist. I live in France and I’m the Polkally CEO
Segment 1- Project Introduction
Please Brief us about Polkally and it’s features.
Polkally is essentially a decentralized marketplace for NFTs, powered by EVM-based blockchains (Ethereum, Ethereum Classic, Polygon, Tron, TomoChain, EOS, BSC, etc.) as well as Polkadot.
Let me share a list of the core features of our upcoming platform
Decentralized KYC, based on IPFS
A dynamic auction system, to sell artworks at the best price
Compatibility with all EVM compatible networks as well as Polkadot
NFTs exchangeable for physical artworks, thanks to partnerships with private art galleries
The Polkally DAO, to allow KALLY token holders to participate in the whole decision-making process
Since we launched Polkally at the end of February, several incredible investors have joined our project.
We are organizing a public sale on Poolz and Zeroswap during May!
More details here: https://bit.ly/3ekwVgf
We have officially joined EuraTechnologies, one of the best incubators in Europe! 🚀
We are being supported by +10 VCs & +70 influencers, Got incubated by EuraTechnologies, one of the largest startups accelerator in Europe and the biggest in France.
And we also have a dual-IDO in the pipes, planned for May 19th on Zeroswap (ZeeDO) and Poolz
It is mentioned on the website about “No hidden fees”, most of the Marketplace really have “hidden fees” despite being all based on smart contracts? If so, how will Polkally really manage to eliminate this problem?
Our smart contracts will be fully open source, non custodial, and audited by at least two external security firms.
So people will just have to check our open smart contracts’ code to make sure we didn’t implement such hidden fees
Could you explain about how we can participate in the auctions? what will be the guidelines to go with?
You will need a Metamask wallet and that’s it, Our platform being decentralized and non custodial by design, just connect to the website with your web3 wallet and there are no additional steps. However, there will be a decentralized KYC for the users/sellers who want to gain credibility.
As you mention above, we are approaching near for the IDOs of $KALLY? please tell us about the IDO and important things which needs to be know, and how one can participate in it?
KALLY has three main use cases, That’s the native (and only) currency of our ecosystem. So if you want to buy NFTs which are listed on Polkally, you’ll have to own/spend KALLY tokens.
It can also be used through the Polkally DAO, allowing token holders to participate in the whole decision-making process, Moreover, KALLY can be exchanged for ads, if artists/sellers are looking to promote the NFTs they’re selling within the platform
Both of our IDOs are scheduled for May 19th, on Zeroswap (ZeeDO) and Poolz
Check here: https://bit.ly/3ekwVgf
Segment 2- Questions from Twitter
Q1) Polkally is a P2P Marketplace for Creating and Selling NFTs on the Polkadot Network. I saw from your website your goal is is to Create the Most User-Friendly NFT Marketplace for Polkadot. Can you tell us something about your marketing policy?
As I’ve wrote above, we’ve onboarded +70 crypto influencers in order to spread the word about our project.
Polkally being a global initiative, we also plan to develop partnerships with mainstream influencers, once our platform goes live (we expect a first version to be released at the end of the summer, and another one before the end of the year)
Q2) Those Investors & Partners, who have invested in how will you make sure that they get good returns & how will you Protect the Value for them?
We are in touch with three centralized exchanges from the top 15. We plan to list on one of them before the end of the year, probably somewhere during June or July, in order to allow retailers to buy KALLYs
We also have a few interesting partnerships in the pipes, especially regarding our staking and yield farming campaigns
Make sure to join our different social networks if you do not want to miss the news
Q3) How is $KALLY development going? Can you describe in detail the current development efforts, the expected applications and when they will be commercially available?
As I’ve said above, Polkally is still under development and we expect a first version of our protocol to go live before the end of the summer, and a second one before the end of the year
Q4) One of the important features is the NFT price discoverability protocol which is a price discovery model that determines the realistic value of User NFTs.Can you explain how this protocol works and determine efficiently the realistic value of NFTs?
The value of NFTs is very random, although it can be estimated with the help of several factors. The reputation of the artist, is the artist known or anonymous, how many copies of this NFT exist, etc.
Q5) Will Polkally be a platform only charged with conducting NFT auctions? Or will they additionally implement tools so that each user can create their own NFTs and trade them there?
Polkally is not “just a marketplace” We’re also integrating tools that will allow our users to mint NFTs using our protocol, and deploy them on the blockchain of their choice.
Segment 3- Live Telegram Session
Q1) Many projects rug pulled and exit scam recently. Why should investors trust your project not to do the same?
Our Uniswap liquidity will be locked for (at least) 12 months
Q2) In what way do you stand out among your competitors and what is interesting and unique about your project?
Interoperability is our strongest advantage, it makes our network more decentralized, and resilient by design.
It’s also very good for adoption, since our protocol will not be limited to a single blockchain.
Q3) Do you offer any way to contribute your project like bug bounty for a community driven project?
It’ll be available, once our code has been audited and made open source
We will run several bug bounty programs and audits, in order to make sure that our smart contracts are flawless
Q4) Binance smart Chain blockchain is having high transaction speed and cheap gas fees, Are you planning to launch your mainnet or switch to other blockchains in the future?
The first blockchain to be integrated to our protocol will be Ethereum. The second one should be BSC then Polkadot, Ethereum Classic, Tron, EOS and so on..
Q5) Do your team have a professional background and sufficient experience in different fields? As the project develops, will new members from different sectors be added to your Team?
Sure we do, I’m an art expert, our COO is also an expert in time optimization, our CTO is a full stack developer with over ten years of experience.
More info about Polkally:
Telegram Group: t.me/polkally