AMA Recap: CRYPTO MINERS X ANIMAL CONCERTS

CRYPTO MINERS
11 min readJan 26, 2022

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Animal is developing relationships with world-leading agencies and their artists to create additional merchandising opportunities through combining the traditional concert model with blockchain technology. This model involves acquiring the rights to sell merchandise via concert deals. Artists are searching for additional revenue streams. Animal intends to host over 200 concerts with over 1000 artists annually to mass audiences in person and online. Animal capitalises on the traditional model of advertising and gives it new life through integrating blockchain and other digital technologies. Most concerts are lacking in advertising space, such as Super bowl-style ads. We are looking to bring the ad space to the concert industry. We are creating the next generation entertainment experience. We produce unforgettable concerts, while leveraging cutting-edge technology to bring experiences to fans worldwide through the metaverse and utilising NFT technology.

We hosted an AMA session with Animal Concerts on 25th January.

Mr. Ramsy was the host from Crypto Miners and Mr. Colin and Mr. Samk was the guests. They shared delightful knowledge and unique features of Animal Concerts.

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Segment 1️⃣: Introduction

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Ramsy:
Hello everyone 👋 and welcome to the Crypto Miners AMA session With Animal Concerts

To help us learn more about the featured project of this AMA session, we are lucky to be joined By Mr. SamK and Mr. Colin

Colin Fitzpatrick:
Thanks Ramsy, great to be here!

SamK:
Hi everyone! Pleasure to be here

Ramsy:
Hey Guys 👋

Wolcome here,
Thanks for bringing Us Animal Concerts❤️

Colin Fitzpatrick:
Our pleasure!

Ramsy:
I'm pretty sure that our AMA participants are very much excited to learn more about Animal Concerts 😇

Colin Fitzpatrick:
We are excited to tell you about it all :)

Ramsy:
So let's get started if you guys are ready!!

First of all Please give us a brief explanation about 'Animal Concerts' .What popped up in your mind to create such a platform in this Space?

SamK:
Animal Concerts is building the Next Generation of Live Events in the Metaverse. We are revolutionizing the music industry for fans and artists worldwide: delivering unique, physical concerts with A-list artists, collaborating on NFT drops, live streaming in the Metaverse, and tokenizing that entire experience!

Colin Fitzpatrick:
Thanks Sam. So it's clear everything is moving online, and that nft's and metaverse are the hottest thing right now, we are lovers of music (I'm an ex DJ) and our team loved the potential for NFT's and streaming concerts - it makes sense. The Belgian Mega Rave Tomorrowland could not have their concert in 2020 so they streamed it online and sold a million tickets! Our founders were at parties people threw in their houses and we knew there was more to this so we wanted to work with artists to help them reach new audiences online and in the metaverse

Ramsy:
Thanks guys for this great start 🤝

Now let's see our second question from this segment...

Q2) So what are your main features and advantages that discern you from other Projects?

SamK:
Our App will feature the following:
-Fiat On-Ramp
-Wallet UI (display web3 wallet balances) + NFTs
-Cross-chain bridge for ANML token
-Staking pools + Rewards Program
-NFT Marketplace
-Governance Protocol
-Events (past, upcoming, cross-promoted)
-Access point to our own Metaverse

There's also plenty of utility behind $ANML that we will share soon!

Our advantage amongst other projects is we actually book artists for concerts in-person FIRST! You can see this from our past 3 artists who have taken the physical Animal Concerts Stage: grammy award winning rapper Future, Busta Rhymes and my personal favorite Alicia Keys. No other projects can say that they first do an end to end performance concert with the artist prior to taking them into the Metaverse for a livestreamed concerts + NFT drops in collaborations with these huge artists

Colin Fitzpatrick:
We are working hard to help artists interact with their fans in new and interesting ways. Our token will provide governance for fans to feel part of the show and have influence over what happens. We work with the artists to customise a solution best fit for them to traverse the worlds of metaverse and nft's and become a tighter part of the community

Ramsy:
Q3) How has the experience and background of your team been effective in the success of your project so far?

Colin Fitzpatrick:
We have a very wide range of experience in the team across both blockchain and the entertainment space. One of our founders has 15 years int he music and entertainment industry and his company has been booking and putting on big event with huge starts, so he has all the connections in the music industry - which is how we were able to close deals with Future, Busta Rhymes and Alicia Keys!

We also have some excellent talent from the tech side, finance, and people who've multiple blockchain launches under their belt!

SamK:
Yeah our team is quite complimentary as Colin mentioned, which is great when you have a business like ours that requires deep music industry knowledge/expertise, the understanding at depth of tokenomics and finally how to appropriately stand up a startup

Ramsy:
4) Now Share us about your Native tokens, What are the some of utlities of $ANML in Your Ecosystem? And if possible share to us the Tokenomics

SamK:
Here’s what’s on our mind when it comes to utility, which is always evolving!
- ANML is a medium of exchange utilized to purchase tickets to shows and other NFTs on all supported chains
- W2E — Watch 2 Earn — users earn rewards for active participation in our metaverse events
- Governance rights for the Animal NFT Marketplace which features curated art collaborations between our partner artists and world renown digital artists, tangible item NFTs, tickets sold as NFTs, and experiential NFTs
- Governance rights for the on-chain treasury which is comprised of revenue generated from NFT marketplace fees, NFT ticketing revenue for events and limited edition NFT sales
- ANML promotes artist/fan interaction creating a mechanism for new revenue streams for artists, while fans can participate in aspects of events previously off limits
- Stake ANML to earn status, free tickets, perks and entries into limited edition NFT giveaways
- Partners and sponsors must stake ANML to gain access to events

Token Ticker: $ANML
Initial market cap: $1m
IDO price: $0.0045
IDO Vesting: 25% at TGE, 25% every 2 months thereafter, for 6 months total vest

Ramsy:
Let's move to our last question from this segment...

Q5) So how long did it take to develop this project? What plans do you have for the future? And what can we expect from Animal Concerts? If possible could you please share road map with us.

Colin Fitzpatrick:
We've been working on it for about 10 months now. A LOT of hard work has gone into this. 'm Irish but I live in Dubai - but most of my team are in USA so 12 hours apart, I work till mightnight almost every night - and so does most of the team. It's been a long road of hiring super talented people and taking months to get strong relationships and partnerships with booking agents, blockchains like Klaytn and metaverses like Decentraland and NetVRK. Also OpenSea for NFT's. We've put in the hard work and lots of big things to come with new artists bookings, metaverse parterships and more!

SamK:
The vision for Animal Concerts is going to be quite remarkable this year and beyond. Without going into tooo much detail you can expect to see these initiatives in the near term: CEX listing date and announcement next month, the next physical concert we will be performing at with the next BIG artist, an NFT drop in collaboration with a HUGE artist, and our own Animal Concerts NFT collection drop of course!

Ramsy:
Thanks Guys for this well detailed introduction about Animal Concerts:)

And that's the wrap up of our the first part of the AMA session ✅

Let’s now proceed to our Twitter Questions section

i hope you guys are ready for that!!

Colin Fitzpatrick:
Lets Gooooo!

Segment 2️⃣: Twitter Questions

Ramsy:
1) Collaborations and partnerships are some of the most important cornerstones to help improve adoption. Could you please tell us about the current partners, plans for partnerships and what everybody stands to gain from these partnerships?

SamK:
Partnership #1

Klaytn will support us in minting NFTs for A-list celebrities, starting with an NFT auction for a HUGE household name artist in Q1 2022.

Partnership #2

The scaling power and speed of this blockchain will be important for our future development of interoperability, and we intend on integrating with Metaverse projects building on this multi chain Ethereum ecosystem! 📈 🥳

Partnership #3

Netvrk is a metaverse built on the blockchain on Unreal Engine, that enables anyone to monetize their creation of NFTs!

Check out what our CEO Colin had to say about the announcement:

“As our brand continues to evolve and scale post our CEX listing, we’re looking to accelerate the way in which our business can not only share unique, blockchain-based, VR Concerts with the world, but to do so in a practical way that makes economic sense. Partnering with Netvrk allows us to reduce our infrastructure costs and create incentivized ways to reward users for their participation…”

These are a few of the top partnerships to call out where they will help accelerate our vision and support you, the community, in having the best experience there is when using $ANML and participating in our ecosystem

Ramsy:
2) As an investor, I want to know how strong is your project security system? and what benefits will a user have in the years to come when I decide to join the project you are working on right now?

Colin Fitzpatrick:
We have just got a security review on our website and it got a A in the report - cost quite a big to get it rock solid

We've also obviously had all the audits for the token that are necessary

Totally agree security is so important as there are so many threats out there

SamK:
Our chosen blockchain will ensure a secure payment system for fans, vendors, service providers,sponsors and artists by using smart wallets. Animal will emerge as the most secure way of storing, streaming and delivering Artist content and performances to their fan base and audiences electronically. Once a story is written, it can never be changed without leaving a trace. Our foundation and network rules protect rights for fans, artists, contributors and connected businesses. Artists and fans are able to trace the ownership of property back through the record of ownership using embedded easy to read, transparent smart contracts. All blockchains are immutable, meaning that records of origination, ownership, rights and transactions can't be manipulated or deleted.

Ramsy:
3) Can you explain more about "Animal Merchandising"? How does Animal Merchandising work developing relationships with the world's leading agencies and their artists to create merchandising opportunities & How can fans buy and enjoy the Merchandising of their favorite artists?

SamK:
Great question. So the idea is that we will be creating digital + physical merch with artists that are looking to expand into the digital asset space. Holders of $ANML will get exclusive access to limited edition merch that will be sold in our marketplace. So simple...make sure you get your hands on as much $ANML as possible to not only experience upcoming concerts and purchasing tickets to get access, but also to pay for the merch that we created in collaboration with the artists

Ramsy:
4) "We stream concerts from A-List artists online to an audience of millions online".But if you stream concerts in 3D,which requires an extremely good network connection,if this cannot be overcome, there will be delay and affect the audio on the user side. How will you resolve this?

SamK:
No stress. The idea is that we would have also 2D recordings which would counteract those that cannot engage in our concerts through 3D infrastructure. We've thought through this and we want to ensure our concerts are readily available and accessible to the WORLD...no matter where you are...no matter how good/bad your internet connection is. With us, you can trust you'll be able to watch an amazing, high quality concert :)

Ramsy:
5) Do the token holders have the right to participate in the governance of the project? What kind of decisions can they vote on about the project?

Here is our last question from this segment

SamK:
Yes! Token holders will have the ability to vote for things like what should the artist wear when they take the Animal Concerts stage, what future artists should we be looking at and considering or events and venues we should be hosting our next Metaverse concert in. Governance is a great way to keep the community not only active but engaged knowing they are influencing how Animal Concerts is making decisions with its artists! This is a forever evolving strategy that I'm sure will have many more decision-points we will offer to the community just for holding $ANML!

Ramsy:
Thanks guys for Your Valuable Answers❣
And that's the end of our twitter question segment

Now Moving on to our last segment - Live Q&A

Segment 3️⃣: Live QnA
(In this segment group was opened for 60 seconds and Miners sent hundreds of questions. Guests choose some best to answer)

1)Md:Shahin Mahomud:
Is your project only for English speaking countries or is there a community for other language users?

Colin Fitzpatrick:
We are starting off with western artists but we absolutely want to expand into Asia, Latin America and more. We have a sponsorship from Klaytn from Korea and they want us to bring K-Pop to the Metaverse!

2) KingsolomonII:
How safe is it to use your project platform at this rate? Have you ever performed a smart contract audit? What safeguards are in place to prevent smart contract failures and hacking?

Colin Fitzpatrick:
Yes we have smart contract Audits, our CTO has launched other blockchain product himself and has a huge history of working for massive global IT companies at the highest levels.

3) Md:Shahin Mahomud:
Is your project only for English speaking countries or is there a community for other language users?

SamK:
Great question! In our discord we’ve actually set up a language bot where anyone from around the world can chat with others in their native language

https://discord.gg/VD5udkkh

4) Deven:
Do you have any Coin Burn / BuyBack systems or any Token Burn plans to increase the value of Token & attract Investors to invest?

Colin Fitzpatrick:
Yes, can’t give a lot of detail now but we know how important this is to the community so it will be in there

5) Reja Tha Best:
I am interested to invest in your project. When and where can I buy your tokens? Is it already listed exchanges?

Colin Fitzpatrick:
Stay tuned to socials for our IEL announcement in the coming weeks!

6) Eliza Hagan:
Do You Have Whitepaper if Yes Please Share it With As Secondly Do You Have Plans For Pre-Sale?
Now Where Can We Join it?

SamK:
https://animalconcerts.com/wp-content/uploads/2021/12/Animal-White-Paper-V1.1.pdf

Pre sale is now closed however we have opened up a final round for influencers and larger investors to participate ahead of our IEO. You can express your interest in our discord channel and chat to us!

7) An Sonia:
Investors want more attention to the project When tokens were more useful, what forces users to hold your tokens for their convenience? Are there any loyalty programs for members?

Colin Fitzpatrick:
Token holders will get access to free tickets, competitions and the first access to the super exclusive NFT’s!

*This segment ends here*

Ramsy:
Thankyou so much Guys For your valuable answers and information about Animal Concerts,
It Was Pleasure Hosting An Ama With You Guys

Time To Conclude Our AMA Section

Colin Fitzpatrick:
Thank you

Community, if you would like to learn more about Animal Concerts, here are some useful links for you:

Website: https://animalconcerts.com/

Twitter: https://twitter.com/animalconcerts

Telegram: https://t.me/animalconcertsofficial

Instagram: https://instagram.com/animalconcerts/

Discord: https://discord.gg/WyTZSgVjh9

Medium: Animal Concerts

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