Arche Network AMA Recap

22 Dec 202105:56

AMA

Arche Network AMA Recap

Myko (CryptoDiffer)

Hello, everyone!😁

We are glad to meet here:

Eliora ZY, COO @eliorathelight

Eliora Zy

Hi everyone! Glad to be here
And thank you Myko and team Crypto differ to arrange this event.

Myko (CryptoDiffer)

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

Eliora Zy

I am Eliora, COO of Arche Network. I was formerly worked in Huobi exchange as PR and also positions as general manager for Global Blockchain Investment Submit, Huobi Anniversary, and many more. I had experienced in the exchange operation, project launch and pre- and post-launch operation planning.✌️

Myko (CryptoDiffer)

Great1
let's now get to the project
Q2: Can you introduce Arche Network to us?

Eliora Zy

Arche Network provides the complete solutions for the whole life cycle of assets in Metaverse using DPaaS - Decentralized Protocol as a Service.
We aims to be the decentralized Steam for Metaverse that support both developers and players to enter Metaverse with a smooth experience.

You could check on Arche Network Deck, to get a deeper understanding: https://docsend.com/view/hwmagcacrvxxfnik

Myko (CryptoDiffer)

Okie, I see
thanks
now let's get to your progress!
Q3: Let`s now talk about the milestones you have achieved so far and about your upcoming plans?

Eliora Zy

Our team had been working on Arche Network since 2020, currently we had complete our milestone of test network launch, fundraising, V1.0 and V2.0 main network launch, the successfully building of multi-language support community with over 98k followers on twitter and the successful holding of first GAO event with Heros & Empires.
you could check Arche mainnet out: app.arche.network
Now we🤲 are confidently to move forward to our next step.
The next milestones will be ARCHE token launch and the launching of NFTs Secondary marketplace.
https://docs.google.com/document/d/1pjF9gOMQLOsfreyFWifq3PFr6uKYGRqPsoAhPM9lHBo/edit# you could check on the Roadmap detail from the DOC

Myko (CryptoDiffer)

Superb!
Thanks for your answers
now let's continue with the community part

Eliora Zy

I saw some good questions🧚‍♀️

Cryptodiffer Community

While scanning through your docs, I learnt that within the Arche ecosystem, the publisher (seller) can set ARCHE token as a two-way subsidy incentive, which can be captured and shared by the matchmaker, so that after purchase using the commodity link shared by the matchmaker, the incentives will be automatically sent to both the matchmaker and the purchaser. In this regard, my questions are; does this mean that the publisher is primarily incharge of determining the % of incentives that matchmakers receive? Similarly, does it also imply that the ARCHE tokens given as incentives to matchmakers and purchasers are derived from the publishers wallet?

Eliora Zy

Hi dear, you asked a very great question. That's the KEY Unique feature in Arche Ecosystem and in Metaverse. First, Arche Network is the only decentralized platform that have matchmaking system on BSC. We design this aims to let our community turly be the ocntributor for Arche Network, and be the promoter for the platform, in reture, the matchmaker/Archer will earn the commission.
The commission is not depends on the seller, it's depends on the Archer Level that you get. The only way for you to level up your Archer level is to share the platform to more people and let people use your referral link to trade.

We will later release the rules about how to get an Archer NFT, only people who hold the Archer NFT will be able to level up their matchmaker level.
The higher level you got, the more commission you earn

Each of the order on Arche, the seller could prepare a commission prize pool and the pool is for Archer/Matchmaker who help to promote the orders.
And the system is fully decentralized and all the transaction will be able to see on chain. The matchmaker will recieve the commission once the trader trade the NFts.

Cryptodiffer Community

Your version 2.0 is clearly better than the first version, your medium also stated that for publishers, Token sale IDO would be done for only GameFi protocols, is this rule applicable to both versions or can version 2.0 support token sale for other protocols?

How did you convince top personnels like Tracy McGrady and BakerySwap to join Archie Network?

Eliora Zy

In Arche V2.0, we are integrating with Chainlink VRF to make sure the fair launching of NFTs assets on chain. And the way to do GAO is through mystery box contract. We only allow the project to list their item because we cannot make sure the random users whether they will put valueble assets into the contract or scam.
But in the future, we might seperate the verified projects and none verified projects but allows more people to use Arche tools to do fair launching.

Cryptodiffer Community

1. The Archie network helps build IGO, IDO and INO for publishers, my question is, the INO market has a daily transaction of $1.5M, coupled with the fact that you have more IDO distribution option for publishers so why did you incorporate INO into your platform in the first instance despite being almost insignificantly important??

2. Your famed Data Protection as a service(DPaaS) is very important and highlighted severally on your platform, can you explain with whom you have partnered to ensure this?

Eliora Zy

Actually, we are not focusing on IDO.

The core assets we are serving is NFTs assets

And the IGO/INO/GAO we listed out are the tools that we build for developers.
We found that, many gamefi developers faced the problem of developing their own marketplace because lack of experience in develop smart contract with the interaction of on chain assets, which Arche will support them with what they need.
Here is one of the sample homepage that we will support the developer to build.
On the other hand, we found it's not easy for people to enter materverse. Because people needs to go muilti-protocol to complete IGO/GAO and NFTs sales in secondary market. But Arche will help to solve the problem which will lower the barriers for people to enter the mateverse
ARCHE_V2.2_Deck
I suggest you could check on Arche Network Deck, to get a deeper understanding: https://docsend.com/view/hwmagcacrvxxfnik and let us know if your have questions.

Cryptodiffer Community

❤️❤️❤️Could you tell us about Arche Network's Social Token? What value does the social token add to NFT? Why does it use the standard ERC721 API? What are the benefits of Social Token?

Eliora Zy

We believe the future Social Token will not be limited to ERC20. People are not robot but need more social connection.
The system in Arche, Archers they position as the warriors on Arche. They help the platform to promote and bring new users to Arche Network.
The different between Archer NFt and other NFt is, Archer NFT have the right and interests inside the ecosystem. People will also be able to use chatting tools on Arche, and only Archers will be able to access.

Cryptodiffer Community

The ARCHE token is on both the Ethereum Chain (ERC20) and Binance Smart Chain (BEP20). Will it also be on Polygon (MATIC)? What can users do presently to earn the ARCHE tokens? How can the ARCHE tokens be utilized? And can you please tell us the sources where Arche platform revenue will be coming from?

Eliora Zy

Arche token is on Ethereum and we do cross chain to BSC, and yes, it's possible the token will be on Polygon/AVAX and many more. Arche is a multichain protocol.
The uitility of Arche token will be: first, Arche token is position as the ADVERTISING FEE on Arche. All the projects who needs to do Public sale will needs to buy Arche token and put the Arche token in the commission prize pool for Archer/Matchmaker.
Second, you need to stake Arche token to earn the APY and get vArche to vote in Arche Dao.
Regarding to the platform revenue, a 1% of NFT transaction fee will be charged for all transaction. We also have revenue in Eco building for developers and events.
All the income from Arche platform will be buy back to Arche token and will be reward to contributors.

Cryptodiffer Community

Could you tell us a bit about the "mystery boxes" that Arche will have? Can these really be created by any merchant and incorporate the product you want? or can they only be created by the project developers?

Eliora Zy

We are using Chainlink VRF to make sure the fair launching of GAO. We found many "mystery box" has been centralized control by either the project or the BOT. By useing chainlink VRF we could make sure no one knows which box have what items and it makes the BOT not easy to participate since they have the same chance as people to get not rare items.

Cryptodiffer Community

⚜️⚜️Why Choosing Archer as the icon of your project?
What the icon represent the vision of the project?

Eliora Zy

Archer NFT design have a direct relationship with our name.
The meaning of Arche ir Origin/Foundamental and came from Ancient Greek Mythology. That's the reason you see it's ancient greek style of design. All the Archers are warriors because we still in the revelution of decentralization. All the Archers hold Bow and arrow, these arrows are used to connect more people in Metaverse. To bring people in Metaverse.
we could start with next round of questions

Myko (CryptoDiffer)

okie
i will open chat in a minute

Cryptodiffer Community

I believe ARCHE only supports gamefi protocols for now, how soon will the network support the Intergrated swap protocol or any other protocols? Does Arche have a marketplace feature?

Eliora Zy

Arche V2.0 is the first version of Game Store; Arche V3.0 is the first version of Art/NFT Store. Currently we support with GAO and INO, you could check on app.arche.network
The marketplace feature will be out in around 1-2 months. It will support with: • Support Royalty

• Support Any ERC20 token payment

• Support Marchermaker and incentive

• Support for players to place buy or sell orders freely

Cryptodiffer Community

🟢 Does the team have plans to develop a mobile application of the platform at some point?

🟢 How can we find out about new releases within Arche quickly so we don't miss any?

Eliora Zy

Yes, the moblie version will be out in around one week.
Arche Twitter: https://twitter.com/Arche_Network

Arche News: https://t.me/Archenewsofficial

Arche Discord: https://discord.com/invite/archenetwork

Arche telegram communities (Each support different languages):
1. English: https://t.me/ArcheNetwork (Main Chat)
2. Russian: https://t.me/archerussian
3. Vietnamese: https://t.me/Arche_Network_VNGroup
4. Indonesian: https://t.me/Archeindonesia
5. Spanish: https://t.me/archespanish
6. Indian: https://t.me/archeindian
7. Japan: https://t.me/archejapan
8. Persian: https://t.me/archearchpersian
9. Chinese: https://t.me/archechinese
You could follow up Arche News here👆
done

Myko (CryptoDiffer)

Thanks a lot!
For your time, Eliora)

Eliora Zy

Thank you Myko!
If you guys have more questions, could ask in Arche Main chat😊
Thank you eveyone for your participation!