04 Sep 202018:08
AMA
Niifi AMA Recap

Niifi AMA Recap

Myko (CryptoDiffer)Myko (CryptoDiffer)

Hello, everyone!😁

We are glad to meet here:

Harsch Khandelwal, CEO

Rakan Aown, BD

Robert Eccles, COO

Harsch KhandelwalHarsch Khandelwal

Thank you for having us! It's great to be with you today.

Robert EcclesRobert Eccles

Hi everyone. Thanks for the opportunity!

Rakan AownRakan Aown

Excited to be here!

Myko (CryptoDiffer)Myko (CryptoDiffer)

Welcome Harsch, Rakan and Robert, thank you for taking your time today!
Our team has prepared 3 questions for you to start with
Can we begin?

Rakan AownRakan Aown

You bet

Robert EcclesRobert Eccles

Ready!

Harsch KhandelwalHarsch Khandelwal

Sure. Let's do this

Myko (CryptoDiffer)Myko (CryptoDiffer)

Okie, let's start with the introduction
Q1: Can you introduce yourself to our community?

Rakan AownRakan Aown

My name is Rakan and I am the VP, Biz Dev w URQA.

Harsch KhandelwalHarsch Khandelwal

Sure. My name is Harsch Khandelwal and I'm the CEO of UREEQA. With me are Rob Eccles our COO and Rakan Aown our VP of Business Development

Harsch KhandelwalHarsch Khandelwal

In terms of background I am an engineer from the University of Waterloo (where Vitalik went) and an MBA from The Richard IVey School of Business.

I sold my first startup stright out of my undergrad to the largest manufacturer of aerospace parts in the US (privately owned) and have build and managed many businesses in diverse industries since.

UREEQA is the most exciting venture I've been in because of the vision. Protecting the works that bind us together as people. Music, movies, photos, books and more.

Rakan AownRakan Aown

My whole career has been in Biz Dev, with the last 14 years working for a Big 4 Accounting firm both in Toronto Canada and Boston, MA. This has been an amazing opportunity to work in the crypto field as it is a 180 from my time at KPMG. The great thing is that is that it has allowed me to harness my contacts and experience to help bring UREEQA to the next level with Harsch and Rob

Robert EcclesRobert Eccles

I studied Computer Science at University of the West Indies. I've worked in technology for over 20 years at two of the largest companies in the world in the UK and US. I've never been as excited about a job before - UREEQA is genuinely trying to change the world by looking after creative folks.

Myko (CryptoDiffer)Myko (CryptoDiffer)

Superb! Thank you for such informatibe introduction
let's move onto the UREEQA
Q2: Can you introduce UREEQA to us?

Harsch KhandelwalHarsch Khandelwal

UREEQA is a platform for Creators to protect, manage and monetize their work.

We are the only fully integrated platform from Creator -> Creation -> IP Protection -> Monetization (eg NFTs)

Validators on our platform work for our URQA token to help answer questions about the authorship, ownership and originality of works to be Validated.

This allows us to use our Responsible Minting technology to mint NFTs backed by a public and robust Package of Proof like this:

https://app.ureeqa.com/package-of-proof/387c1002-89c7-4d6d-8b4f-1abc62bd81e7

That was prepared for The Trey Mancini Foundation. Not sure if you saw him hit at the Home Run Derby during All Star week last night.
Our vision is to tackle both IP Protection (starting with copyright / creative work but growing to include patents, trademarks and industrial designs) and monetization (starting with NFTs but growing into DeFi like IP Collateralization)

Rakan AownRakan Aown

It was an epic event last night. Trey and his crew engaged us to help create and launch his NFT campaign with all proceeds from the sales of his drop going to his Foundation in support of cancer research and a local Balitomre charity

Myko (CryptoDiffer)Myko (CryptoDiffer)

Oh! Cool! Thanks
one last question before moving to the community part
Q3: Let`s now talk about the milestones you have achieved so far and about your upcoming plans?

Harsch KhandelwalHarsch Khandelwal

Sure. I'll post some highlights in chronological order

Rakan AownRakan Aown

Everyday is a milestone for us at UREEQA. Honestly, I have never in my whole career seen this much activity, especially in a startup, and I used to coach startup businesses in another career
The amount of activity, awareness, interest and the statement, "...I didn't know you did that..." is incredible

Harsch KhandelwalHarsch Khandelwal

Early 2020 idea was conceptualized.

We then built a transparent and experienced team with the core Founding members including an engineering gold medalist from the same university Vitalik Buterin went to, the person voted Canadian Lawyer of the year (2021), an accountant with senior management experience at multiple multi-national firms and a seasoned manager with 2 decades of experience at a Global Fortune 10 company.

We are also building a killer Advisory Board with top Hollywood agents, folks from the music industry and more.

TGE was Mar 31, 2021

Launched Closed Beta on that same day with both famous and budding creators. We even signed up the Ministry of Education from the Republic of Cyprus

Public MVP launched Jun 30

We sold our internally developed NFTs to honor our avid community members with the first Crypto Kong Qard selling for $7K.

Last night we launched NFTs for Trey Mancini who missed the entire last season with the Baltimore Orioles battling stage 3 colon cancer.

Not sure if you saw but he did great and ended in 2nd place overall.

You can still get one of his NFTs and support cancer research here:

https://ureeqa-staging-website.netlify.app/marketplace/collection/ca1762e0-44b1-4614-8962-7d74ea62eff2

Rakan is with us and has been building a healthy pipeline of business. Now that we've put the Marketplace through its paces, we are ready to load up some exciting campaigns.

We are also working with Creators in our Public MVP and providing free level 1 protection for all works uploaded. With or without UREEQA they have proof on-chain that their work was uploaded on a specific date.

As we continue evolving bot IP Protection and Monetization sides of our business we will get into DeFi applications like IP Collateralization.

Lots ahead.

Robert EcclesRobert Eccles

It has been hectic for sure. We are fortunate to have such a talented and dedicated team at UREEQA.

Rakan AownRakan Aown

We have been waiting for a while to announce this. Looking forward to it!

Myko (CryptoDiffer)Myko (CryptoDiffer)

Woah! Thank you for your interesting and detailed answers!
Now let's look what community part can offer us

Harsch KhandelwalHarsch Khandelwal

Sure. Looking forward to questions from your community

Cryptodiffer CommunityCryptodiffer Community

I could read that creators can choose to have UREEQA validate their creations, but does that mean that I can create the collectible on any other platform and I can validate it with UREEQA without problem? or to validate it, do I have to create it on your platform?

Harsch KhandelwalHarsch Khandelwal

Our smart contract that mints the Collectibles stores information on-chain related to the proof of Validation.

However, you are free to sell on an open marketplace like OpenSea like BK The Artist did:

https://opensea.io/assets/0x86918d2860400226b486b365d91e489270fb1f55/3

Cryptodiffer CommunityCryptodiffer Community

How will you ensure that the assignment of special utility to Mancini’s NFTs is a verifiably fair and unbiased process? Will the winners be chosen at random or there are other criteria? If it will be at random, what will you use as your source of randomness?

Harsch KhandelwalHarsch Khandelwal

We are leveraging ChainLink's VRF technology to ensure that the process is fair and transparent:

https://medium.com/ureeqa-inc/mlbs-trey-mancini-using-ureeqa-and-chainlink-to-launch-nfts-for-cancer-research-6450d2d0e5c4

Cryptodiffer CommunityCryptodiffer Community

UEEQA is a platform for Content Creators to protect, manage and monetize their work. we know this, but how can content creators benefit from this service safely and easily, what do you offer them differently?

Robert EcclesRobert Eccles

One other way that Content Creators can benefit is that less-well known creators will be sharing our platform with very high profile creators and being part of the UREEQA community can facilitate introductions, advice etc.

Rakan AownRakan Aown

We are the only platform providing creators with validation services of authenticity backed by a robust Package of Proof. NFT authenticator ID also traces right back to the original work.

Cryptodiffer CommunityCryptodiffer Community

I could read that they will accept the main credit cards as a means of payment, but really if they are focusing on a product that is totally DeFi, why accept as a means of payment assets of centralized finance?

Harsch KhandelwalHarsch Khandelwal

Although the ethos of blockchain is woven through the fabric of our platform, our system has been designed end-to-end to be used by crypto folks and nocoiners alike.

There are a LOT more people who don't know about crypto yet want their work protected and monetized and even want to own their first NFT with credit card.

We cater to all users.

Cryptodiffer CommunityCryptodiffer Community

How does it work for artist who creates clothing in artistic way?
For example I create images, videos, performances, poetry and sometimes I find others using what I created without my premonition,

Robert EcclesRobert Eccles

We establish an "overwhelmingly compelling" case that your creations are original and authentic, using our proprietary suite of technology platforms. This is all written to the Ethereum blockchain where it cannot be altered.

Cryptodiffer CommunityCryptodiffer Community

Hello Sir 💁🖐️



How can Creators choose to have UREEQA validate their creations??.. You say This is done using the solution "UREEQA's unique technology" and a global network of skilled Validators. Can you tell us what unique technology makes investors join your project? What makes UREEQA different from other similar platforms?

Harsch KhandelwalHarsch Khandelwal

Currently no one is asking questions about the source creative work (in NFTs) like: Who Created It? Who Owns It? Is it Original?

These are the questions we answer during our Validation process. You can see an example here:

https://app.ureeqa.com/package-of-proof/387c1002-89c7-4d6d-8b4f-1abc62bd81e7

To our knowledge no other platform is performing such rigorous tests on the work and providing this much transparency and peace of mind for buyers

Cryptodiffer CommunityCryptodiffer Community

Are you planning to bring in non-crypto investors to your project? Because the project's success was based on attracting additional investors who were previously unaware of the cryptocurrency sector. What are your goals for non-crypto space awareness?

Robert EcclesRobert Eccles

That is one of the greatest things about UREEQA - "nocoiners" are welcome, both as users AND investors. You can have an end-to-end experience on UREEQA without knowing anything about crypto. Our current investors are a mix of "traditional" and crypto-focused investors. One thing you can do is look at our Founders and Leadership team - we all have traditional Business backgrounds.

Rakan AownRakan Aown

We want people who believe in what we are doing and understand the platform we have created truly is a game changer. It took Harsch 30 mins to convince me to leave a 14 year career at KPMG to come to URQA. We are not looking for people who want a quick hit, we are looking for people to become ambassadors of change and push out our message. What we have in the pipeline wrt opps and what we are looking to build in the areas such as our publishing administration practice is ground breaking. We have brought on people who are specialists in their fields we are working collectively to launch this company to new heights

Cryptodiffer CommunityCryptodiffer Community

I am very interested in the Trey Mancini NFTs on Ureeqa He is my favourite Baltimore Baseman and I was following up on his cancer treatment. He is a brave fighter. How do I get his NFTs ? I heard it is an auction and I wouldn't want to miss out, can I participate ? Do you have a detail/ outline of the NFTs sale process ? I also read that there are rewards for successful purchase, is this true ?

Harsch KhandelwalHarsch Khandelwal

You can go to his Collection here:

https://ureeqa.com/marketplace/collection/ca1762e0-44b1-4614-8962-7d74ea62eff2

The gold edition NFT will come with his game kit (hat, shirt, gloves and cleats) that he used last night during the Home Run Derby

1 in 5 silver edition items ($195 each) will be drawn for additional prizes like signed items by Mancini

Cryptodiffer CommunityCryptodiffer Community

Can you tell us a bit about validation process? is it a regular KYC?

Harsch KhandelwalHarsch Khandelwal

KYC is the first step, there is also a legal attestation that the Creator signs with an attorney on our end and originality searches performed by our Validators.

This page will show you many of the steps and documents:

https://app.ureeqa.com/package-of-proof/387c1002-89c7-4d6d-8b4f-1abc62bd81e7

Cryptodiffer CommunityCryptodiffer Community

A successful project requires the help of a strong community, I would like to ask here, what has your community helped with the project? (1 to 3 characteristics)

Rakan AownRakan Aown

Our community is our strength. They are true believers in our company and are pushing out who we are, what we stand for and what we aim to do. They are the best and it almost seems like they never sleep. I am constantly seeing posts throughout all hours of the day/night

Cryptodiffer CommunityCryptodiffer Community

On ChainLink today, I saw that TreyMancini is releasing NFTs collection with @UREEQA_Inc. To help fund the treatment and research on colon cancer. Can you give more details about this ? Where can I get more details in case I want to support. How many NFTs were released, what are the prices and what is the relationship between Ureeqa and ChainLink

Harsch KhandelwalHarsch Khandelwal

You can view the Collection and support here:

https://ureeqa.com/marketplace/collection/ca1762e0-44b1-4614-8962-7d74ea62eff2

We are leveraging ChainLink's VRF technology to ensure a fair and transparent draw for NFTs that get the additional perks like signed items from Trey

Cryptodiffer CommunityCryptodiffer Community

❇️We know that Partnership and collaboration are important to a project because they provide the opportunity to grow together and contribute more to the crypto space. Have you had any recent partnerships that can help UREEQA ? What could be its benefits?

Robert EcclesRobert Eccles

Great question! We have some great partners. These include crypto companies lke Ferrum Networks, Blockpass, Utrust and NetVRk. We have creative partners like BK The Artist, Stanley Felderman and other huge names that we can't yet mention.

Cryptodiffer CommunityCryptodiffer Community

Could you explain what will be the most important functions of the URQA token, how do you make sure that it captures the full potential of the project?

Harsch KhandelwalHarsch Khandelwal

This infographic should help:

https://twitter.com/UREEQA_Inc/status/1409932495844528134

Cryptodiffer CommunityCryptodiffer Community

how important is Qard as a Collection on the platform
. any indication when we open another qard for sale?

Harsch KhandelwalHarsch Khandelwal

The Qards performed two main functions:

- Allow us to put the Marketplace through its paces before loading clients on

- Highlight and support some avid supporters of our project

With the Qards owners can get special access to our project on both tactical and strategic levels.

We will launch additional Qard sales between the pipeline of clients we have lined up.

Cryptodiffer CommunityCryptodiffer Community

‼️With the massive rate of scams witnessed in crytocurrencies, kindly tell us how are you going to protect the investment of community members

Harsch KhandelwalHarsch Khandelwal

For avoiding scams I usually focus on the team. Do they have a lot to lose?

We then built a transparent and experienced team with the core Founding members including an engineering gold medalist from the same university Vitalik Buterin went to, the person voted Canadian Lawyer of the year (2021), an accountant with senior management experience at multiple multi-national firms and a seasoned manager with 2 decades of experience at a Global Fortune 10 company.

You have to ask yourself if folks like that would be likely to participate in a scam.

Cryptodiffer CommunityCryptodiffer Community

Creators face a lot of issues which includes bureaucracies, third party infringement, and so on. And these issues are more existence in developing countries. How can UREEQA help to solve these issues for creators?

Robert EcclesRobert Eccles

Bureaucracy is one of the main reasons we started UREEQA! We think that it is unacceptable that getting copyright protection through traditional channels like public agencies takes weeks to months and relies on "paper documents" for the most part. At Ureeqa, we offer superior protection and we take only a few days. One of the other core reasons we started UREEQA was to make protection accessible to EVERYON EVERYWHERE - particularly in "less developed" countries.

Cryptodiffer CommunityCryptodiffer Community

Will they have any limitations in particular UREEQA to be able to validate the collectibles? Or can we really do any type of NFT with any utility and can it be valid without any problem?

Harsch KhandelwalHarsch Khandelwal

As long as we can legitimately pass the Authorship, Ownership and Originality tests the work can be Validated.

In terms of utility, as long as it passes our legal team we can offer it.

Cryptodiffer CommunityCryptodiffer Community

Can you tell us more about Trey Mancini Foundation NFT drop? What is it all about?

Rakan AownRakan Aown

Trey is a stage 3 colon cancer survivor who missed the 2020 MLB season to battle his disease. He created a Foundation to raise money and awareness for colorectal cancer research and another charity feeding the needy children in the Baltimore community. We were approached to help launch his NFT campaign in conjunction with the All Star MLB HR Derby last night where all proceeds from the sales of his two NFTs will go to his foundation in support of those two charities. We had tons of media/press. Even Mark Cuban posted it on his IG page. What normally takes 3-4 weeks to pull off, UREEQA did it in 8 days. Unreal what our team was able to accomplish.

Cryptodiffer CommunityCryptodiffer Community

What do you think when 2021 ends or the covid epidemic ends, NFT-based projects will also end? Does your team currently have any plans to replace NFT?

Rakan AownRakan Aown

This is far from ending, it's only the beginning. We haven't even scratched the surface on the metaverse!

Cryptodiffer CommunityCryptodiffer Community

I see UREEQA has UREEQA Marketplace. What speciality your marketplace has that gives you confident about It's rise between so many big companies like BINANCE NFT MARKETPLACE? Can we expect UREEQA marketplace will be bigger than those company?

Harsch KhandelwalHarsch Khandelwal

The space is very fragmented and no one knows how it'll shake out.

However, we are not an NFT first company. We are an IP Protection and Monetization company.

NFTs happen to be one way to monetize. There will be other ways.

When you compare our Marketplace to those, we stand out in these ways:

- Accept credit card and crypto as payment (so we can tap into existing fans)

- All items backed by a robust and public Package of Proof for the source creative work like this:

https://app.ureeqa.com/package-of-proof/387c1002-89c7-4d6d-8b4f-1abc62bd81e7

- All utility offered with the NFT hashed on-chain so you can prove your rights

With these we cover the three main risks when buying NFTs: Authenticity, Copyright and Redeemability

Cryptodiffer CommunityCryptodiffer Community

Can you tell me what steps you took to ensure that the smart contract is free of errors and vulnerabilities? The security of assets is the first thing that comes to mind for me and other investors when considering a project, so can you tell me what steps you took to ensure that the smart contract is free of errors and vulnerabilities? Is it possible to audit smart contracts?

Harsch KhandelwalHarsch Khandelwal

All our smart contracts at launch (Closed Beta) were audited by CertiK.

It is important to note though that smart contracts are less than 10% of our code base. Our platform is hosted on AWS and uses full stack web dev primarily

Cryptodiffer CommunityCryptodiffer Community

Where does the project name come from? What does it mean for you and why did you choose that name for your project?

Harsch KhandelwalHarsch Khandelwal

I see you've asked this before but I like the question regardless.

We are building a platform to protect, manage and monetize creative works.

When you create work, you have a moment of inspiration much like Archimedes had when he devised the buoyancy principle and ran the streets naked shouting Eureka!

Eureka.com was taken so we played with the spelling a bit and ended up with UREEQA!

Cryptodiffer CommunityCryptodiffer Community

What are the problems your project is facing? how will you solve it, i really want to know 2 to 3 problems, because me and other investors are very interested!

Robert EcclesRobert Eccles

We don't think of them as "problems", but we do have challenges. One of these is that we operate UREEQA strictly "by the books" to comply with legal and financial regulations from bodies like the SEC in the US. This is one of the reasons you aren't seeing us on a huge number of exchanges yet. We have to be very selective in who we work with.

Cryptodiffer CommunityCryptodiffer Community

Please, can you explain briefly the difference between Validators and Protectors within the Ureeqa ecosystem in terms of the roles that each play? How does Ureeqa rate the actions of Validators to determine the most reliable as well as the least reliable validator?

Rakan AownRakan Aown

Validators assess creative work for authenticity and originality. Protectors are out there ensuring creative work is not fraudulently created. Our validators go through an interview process, are tested for their capabilities to determine their ability to produce. Our validation process is tiered in that once a validator submits their results on a piece of creative work, it is assessed by a committee to ensure accuracy. If the committee gives it their stamp, the validation goes through. If it appears the validation is inaccurate, it will not go through and the validator is penalized. It could also lead to termination. This is our bread and butter and our room for error is very, very slim.

Cryptodiffer CommunityCryptodiffer Community

Can you explain a bit about how sponsorship works?

I'm confused to learn it.
For example, if I create a digital painting and I send it to the market, how will the sponsorship affect me? thank you

Harsch KhandelwalHarsch Khandelwal

Great question Daisy!

What we've found is that many Creators want their work Validated but can't pay the fee.

Sponsorship allows UREEQA or our community to pay for the Validation in exchange for a custom item (eg NFT of the item), UREEQA Reward Points (that can be used to buy items in our Vault) and recognition on your Package of Proof that we sponsored it

Robert EcclesRobert Eccles

We self-funded to start and then did a fully compliant "raise" that included fiat investment from traditional investors. Many of the high profile creators that we work with have little to no knowledge about crypto - that's another benefit of UREEQA - we advise and our clients as well.

Cryptodiffer CommunityCryptodiffer Community

🌼 Could you explain what the concept of Responsible Mining is about? Are you the first to implement it? I would also like to know how this influences the final cost of an NFT? Does it make it more valuable?

Harsch KhandelwalHarsch Khandelwal

We've Trademarked the term Responsible Minting.

We mint NFTs using our Responsible Minting Technology.

This means that unlike any other NFTs, ours are only minted once there is a Master Validated NFT backed by a robust and public Package of Proof like this:

https://app.ureeqa.com/package-of-proof/387c1002-89c7-4d6d-8b4f-1abc62bd81e7

This allows buyers to purchase with confidence and Creators, celebrities and brands to keep their fans safe.

Cryptodiffer CommunityCryptodiffer Community

In defining your token, it "provides value and opportunities for Creators, Validators, and Token Holders through URQA, the token at the heart of the UREEQA ecosystem." You are using the expression. So, can you tell us what these opportunities are?

Harsch KhandelwalHarsch Khandelwal

I think this infographic should be helpful:

https://twitter.com/UREEQA_Inc/status/1409932495844528134

Cryptodiffer CommunityCryptodiffer Community

🟢 Can you explain the process for accessing the UREEQA Premium Protected Collection? Will it be restricted to certain locations initially? Will it be too expensive? Will it only be accessible to creators already with some capital? Or can any enterprising artist easily create their own?

Harsch KhandelwalHarsch Khandelwal

Items that have passed both Level 1 Protection (Staking - saying it's yours) and Level 2 (Validation - Proving it's yours) will enter the Premium Protected Collection.

If you can't / don't want to pay for Validation, you can opt to have UREEQA or the community Sponsor the Validation. We will offer that for items that get enough engagement in our Community Feed

Cryptodiffer CommunityCryptodiffer Community

NFTs are a great opportunity for companies & brands to engage with their customers, but security is the main threats. Most of the company can't provide enough security. So what UREEQA has that can give confidence to the companies & brands to engage with their customers without any fear?

Robert EcclesRobert Eccles

This is a great point. One might argue that if someone really wants to steal your work, they can. However, one difference with UREEQA is that we "arm" our clients with a "compelling Package of Proof" that enables them to powerfully demonstrate their connection to the work. So, for example, if you find you work infringed upon and take the infringer to court, a UREEQA client will have that "knockout blow".

Cryptodiffer CommunityCryptodiffer Community

All of your staking slots, namely Shakespeare, Mozart and da Vinci are 100% filled. When will they be available? Or do you introduce new slots because they are filled?

Why did you choose Bittrex Global? Is it the only platform where we can buy $URQA?

Harsch KhandelwalHarsch Khandelwal

All three Staking Pools you referenced are full.

We will offer more in the future.

Currently the only CEX we are on is Bittrex Global. As we build volume we will pursue others.

Cryptodiffer CommunityCryptodiffer Community

The NFT market has grown significantly over the past years since 2017 as we are currently witnessing a surge in interest focused on various aspects such as designing, trading e.t.c. However, the current state of the NFT market has limitations that hinder its use cases and market reach. And there is also a powerful opportunity in NFTs yet to be tapped. How will UREEQA work on these limitations that hinders the use cases and market reach of NFTs? And what strategies will be used to worm into the powerful opportunities in the NFT market which is yet to be tapped by other competitors?

Rakan AownRakan Aown

We are working continuously to add value to this NFT craze. The FAD is the creation and selling of a digital asset. The current phase we are focusing on is the physical experience. Merging the digital with the physical, ensuring consumers are receiving a utility based NFT purchase to be able to engage with the creator. We are also looking at ways to take current archaic platforms (publishing administration organizations as an example) and building out a business model that will actually allow musical artists to see more of the royalty revenues they should be seeing. NFTs are the future as was the Internet when it was first launched. Who knew what we were capable of when the Internet first came out. There is no ceiling at this point for us in this space.

Cryptodiffer CommunityCryptodiffer Community

-Tell me 3 reasons why to prefer Your over other competitors. What are those features which makes you unique from your competition?

Harsch KhandelwalHarsch Khandelwal

TEAM:

We then built a transparent and experienced team with the core Founding members including an engineering gold medalist from the same university Vitalik Buterin went to, the person voted Canadian Lawyer of the year (2021), an accountant with senior management experience at multiple multi-national firms and a seasoned manager with 2 decades of experience at a Global Fortune 10 company.

TECHNOLOGY:

Patent pending Validation process with Responsible Minting Technology safeguarding buyers from the 3 main risks when buying NFTs: Authenticity, Copyright and Redeemability

TRACTION:

We are now ready for commercial drops and have a healthy pipeline of exciting campaigns coming

Cryptodiffer CommunityCryptodiffer Community

The NFTs validated by UREEQA can be published, traded and if possible staked on any other platform or MarketPlace of other projects? or will they be totally anchored and linked with UREEQA?

Robert EcclesRobert Eccles

We have already minted NFTs that have been listed on Opensea. We want the NFT creator to have freedom of choice. The fact that an NFT has been Responsible Minted™ means that buyers can have confidence in its authenticity - which will in turn mean that it should attract a premium price.

Rakan AownRakan Aown

All, I have to drop as I am on another call in a couple of mins. I really want to thank you for this opportunity to connect with this community. Really great questions. Please follow me on Twitter @RakanAown and keep this dream alive. Have a great week!

Cryptodiffer CommunityCryptodiffer Community

✅ At the moment NFTs have several use cases that go outside the artistic sphere, will UREEQA be limited to only legally support artwork or music? Or do you plan to expand to other areas in the future? Can you tell us a little bit about it?

Harsch KhandelwalHarsch Khandelwal

We are currently focused on NFTs tied to creative works (music, videos, photos, books etc) but will expand into other items like inventions (patents), trademarks and industrial designs

Cryptodiffer CommunityCryptodiffer Community

🦋 How and where can we buy your $URQA token if we decide to invest long-term? What kind of listing strategy will your team follow for $URQA, are you targeting major exchanges?

Robert EcclesRobert Eccles

We are listed on https://global.bittrex.com/

Cryptodiffer CommunityCryptodiffer Community

What is the purpose of the "UREEQA Supreme Council"? when is the right time to join? and how? are there certain conditions?

Harsch KhandelwalHarsch Khandelwal

The UREEQA GRAND COUNCIL (or the UGC) comes with top tier benefits as the elite members are stakeholders and vital to our internal dialogue around business direction. It’s only for those holding 100,000 or more URQA tokens.

The UGC will communicate with each via an exclusive Telegram group but also have direct access to the UREEQA’s Leadership team. They’ll be able to gain early access to business developments (NDAs may apply). Basically, they’ll have a platform to provide input and insight to help shape our decisions and represent the interests of Stakeholders.

In the future, they’ll also have access to exclusive events and promotions. URQA is priced lower than it may be in the future. Now could be a great time to get in on the ground floor as it could never again be this cheap to access the UGC.

Our entire tier system has the UGC at the top. Below them are several other tiers, each with different accesses, privileges and discounts. The higher tiers get early and exclusive access to privileges and royalties. This is all exclusive for you folks. We’ve never discussed this publicly before. It’s not even on the website yet. Our team will make announcements on our channels at the right time.

You may have noticed our Community Qard release in our Marketplace. Another way to make it on the UGC is to collect a set of Qards.

Cryptodiffer CommunityCryptodiffer Community

In which social network does your project build community, what support and help have they provided in your project?

Robert EcclesRobert Eccles

Our main platforms are Telegram https://t.me/joinchat/TiG7ywoznhzYHnBu Twitter https://twitter.com/ureeqa_inc and Discord.

Cryptodiffer CommunityCryptodiffer Community

Is there staking for Ureeqa tokens?Or a specialised wallet?

Harsch KhandelwalHarsch Khandelwal

We launched three Staking Pools: Shakespeare, Mozart and daVinci but they all filled quickly.

We will announce additional pools in the future. Stay tuned!

Cryptodiffer CommunityCryptodiffer Community

Everywhere it says that UREEQA is part of the mission of cancer research, can you tell us how you plan to raise the necessary funds to help these campaigns? Will they come from fees or do you have an option for those who wish to contribute directly to this cause?

Harsch KhandelwalHarsch Khandelwal

All proceeds from the sale of Trey's NFTs will be donated to charity through the Trey Mancini Foundation

Cryptodiffer CommunityCryptodiffer Community

- You mention that Validators get URQA tokens for their work and are assigned a UREEQA validation rating (UV rating) based on their efficiency. What criteria does this rating system take into account? What benefits will a higher score have?

Harsch KhandelwalHarsch Khandelwal

Criteria are primarily based on speed and quality of work.

Higher scores could give you early access to Validation opportunities or to more sensitive Validations (like for celebrities)

Cryptodiffer CommunityCryptodiffer Community

How long should those who want to staking with UREEQA run their URQA tokens in their staking pools, minimum and maximum? What are the APY rates we can get according to the staking period?

Harsch KhandelwalHarsch Khandelwal

These were the 3 pools we ran:

https://www.ureeqa.com/tokenholders

Click Staking Rewards to see the APYs.

These are full but we will have more soon

Cryptodiffer CommunityCryptodiffer Community

How will I be able to purchase one of. these NFTs? Is there a bidding system or how does it work

Harsch KhandelwalHarsch Khandelwal

https://www.ureeqa.com/marketplace/collection/ca1762e0-44b1-4614-8962-7d74ea62eff2

The Silver Edition can be purchased for $195 each with credit card or crypto

The Gold Edition is an auction ending tomorrow night at 7 PM EST

Robert EcclesRobert Eccles

This is an interesting question. When most people in crypto ask about "community" they are usually referring to a Telegram group or something similar. That has been an important part of building our following and getting the right information to interested folks. They have been a HUGE support for us and a source of great ideas. We also have other "communities". Our Founders and Leadership bring with them all of our "personal networks" that we've built up over many years - that has given us access to some very powerful and influential people. We also now have a fantastic network of high profile Creators...and let's not forget about our amazing partners, the latest is crypto power house Chainlink https://chain.link/ Now - imagine bringing all those communities TOGETHER!

Myko (CryptoDiffer)Myko (CryptoDiffer)

Thank you a lot for the ama!

Robert EcclesRobert Eccles

Thank you for the questions guys - so many great ones!

Harsch KhandelwalHarsch Khandelwal

Thank you and your community for a great experience!

Myko (CryptoDiffer)Myko (CryptoDiffer)

It was a pleasure to host it

Harsch KhandelwalHarsch Khandelwal

Thanks again everyone. Take care!