AMA Recap: CRYPTO MINERS X CRYPTOART.Ai

CryptoArt.Ai is Asia’s largest NFT platform for transaction of encrypted artworks. It allows any user to create and display their own works, and owns the ownership of the NFT. The platform integrates casting, sales, and collection of NFT encrypted artworks. More than 600 artists from more than 40 countries and regions have settled in the platform at present and the sold-out rate of works exceeds 60%.

On the CryptoArt.Ai platform based on ERC-721 protocol, users can make bids to artists directly, or buy directly according to the bids. Artists can control the pricing model and can also give users NFTs.

We hosted an AMA session with CryptoArt.ai on 11th November at 10:00 AM UTC.

Mr. Ramsy was the host from Crypto Miners and Miss. Freya was our guest from CryptoArt. She shared delightful knowledge and unique features of CryptoArt.ai

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Segment 1️⃣: Introduction
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Ramsy:
Hello everyone 👋 and welcome to the Crypto Miners AMA session with CryptoArt.Ai

Thank you all for joining us today!❣

To help us learn more about the featured project of this AMA session, we are lucky to be joined By Miss Freya,

We are honored to have CryptoArt.Ai invited to our community today! Freya Fu will introduce to us in detail the original intention of the CryptoArt.Ai establishment and what is planned for its promising future. Let us give a warm welcome to Freya Fu!

Freya Fu:
hello guys!!!!!

This is Freya who is from Cryptoart.Ai

Ramsy:
Welcome! Before we get started, can you please introduce CryptoArt.Ai in general?

Freya Fu:
CryptoArt.Ai is Asia’s largest NFT encrypted art trading platform, allowing any users to create and display their own works, and own the ownership of the NFT.

It is committed to cultivating emerging artists, empowering art with blockchain technology, and exploring the possibility of interaction between contemporary art and digital media. The platform integrates casting, sales, and collection of NFT encrypted artworks.

There are currently 956 artists in residence from more than 40 countries and regions around the world, and the sold-out rate of works exceeds 60%.

If you love ART and interesting in NFT you have to check out our website. https://cryptoart.ai/

Of course if you don’t to miss any NFT Airdrop and get FREE TOKENs everybody can join our discord channel https://discord.gg/KYedQpatHs

Ramsy:
Alright, So Let's Get Started Out Question Section..

Q1) Non-fungible tokens (NFT) seem to have exploded recently. From the perspective of CryptoArt.Ai, why can NFT develop so fast in various fields?

Freya Fu:
NFTs are igniting a digital art explosion, it has become one of the most popular subdivisions in the entire cryptocurrency world. The performance of NFT encrypted art market indicates that it is about to rapidly growth in a short time.

NFT has many advantages, such as artists can monetize their digital art; create verifiable game items while playing games; create a new digital collection ecology; and turn real-world assets into tokens to enhance their mobility. Thanks to the easy transferability and proof of ownership, NFT NFT undoubtedly provided a wide range of possibilities for real world and virtual assets.

The fusion of blockchain technology and art has demonstrated a clear vitality and scope for growth from the viewpoint of the sub-field of crypto art alone. In conventional physical art, a parallel universe has been added. There are actually many artists from several influential countries in the outside world who joined the CryptoArt.Ai.

NFT not only disintermediate art sales, it solves the contradiction between the diffusion and possession of art, but can also communicate between artists and buyers in a way that conforms significantly to young people’s psychology and also preserves artists’ copyrights. Second, equity is better suited than tangible artworks to reproduction, dissemination, and circulation.

https://finance.yahoo.com/news/cryptoart-ai-joins-hands-jiahe-145300108.html

you guys can check this out, and see how we bring NFT to traditional art.

Ramsy:
Q2) What is Cryptoart.Ai mission to accomplish? What is the intention of establishing Cryptoart.Ai?

Freya Fu:
“Art evolves with time” is the slogan of CryptoArt.Ai. Our mission is to empower art through blockchain technology solve the lack of digital art dilemma, explore the possibility that contemporary art can connect with digital media, and join the emerging international movement of conceptual blockchain art

The primal aim was to create a modern, equal rights universe for artists and collectors with a decentralize governance paradigm that enables talented artists to solve the pain points in the conventional art sector with blockchain technology in the first case. The consideration they deserve can be seen by reverence and inferiority

we want have new way for NFT marketplace, in our product you can "bit to earn and share to earn"

If you share our NFT in your twitter and after this NFT been sold you can get 1% of the commission.

For example, if someone bought the NFT though your link for 100 ETH, and you can get 1ETH for freeeeeee!!!!!

Ramsy:
Ingressive 👌

Alright,Let's Deal Our Next question..

Q3) What are the unique advantages of CryptoArt.Ai compared with other platforms such as OpenSea, Treasureland? What is the strategy to attract users?

Freya Fu:
The unique advantages of CryptoArt.Ai can be summarized in the following three aspects: focusing on the field of art, combination innovation model of DeFi+NFT, and igniting the crypto market.

if you have our token you also can stake in cart.finance

Compared with OpenSea and other platforms covering digital art, encrypted collectibles, game items, virtual land, domain names and other fan-absorbing fields, CryptoArt.Ai is more focused on the development of encrypted art itself and derivative businesses. In the transactions on the CryptoArt.Ai platform, NFT can not only be used as copyright and ownership for transactions, but also a unique link between the artist and the collector. NFT is the main body of his work recognized by the artist.

CryptoArt.Ai innovatively combines DeFi (high liquidity) + NFT (high value capture) dual mechanisms to promote value circulation through liquid mining pools.

Based on the reliable equity attributes of NFT and its unique and indivisible characteristics, the program can be identified NFT confirms the user's authority, and NFT can also become a token for the confirmation of the information world.

NFT collectibles have a complete, transparent, reliable, low-cost and high-efficiency secondary market. Thanks to the data openness of the blockchain and the programmable asset attributes of the token, users can conveniently trade and transfer NFTs on CryptoArt.Ai.

Collectibles can be auctioned at a very low cost, which helps the market to be active, and it is easier to realize the value discovery of collectibles in the active transaction flow.

easy explanation opensea is like normal Amazon and CryptoArt.Ai like Prime Amazon

Ramsy:
Awesome 👏

Q4)Can you give us a brief introduction of the economic model of your token? What kind of method is used to empower the token?

Freya Fu:
CART is the token of the CryptoArt.Ai platform, which has the dual attributes of platform currency + authority token.

Users lock up CART, and obtain different levels of NFT encrypted artworks according to the weighted average of the market and quantity, and realize them through the free transfer of NFT.

CART will never be inflated. The user consumes CART and pushes the NFT artwork he holds to the trending page of DAPP, and CART realizes deflation. Part of the platform's revenue is used to repurchase and destroy CART, further reducing the total amount of CART and gradually becoming a scarce resource.

The application scenarios of CART mainly include: 1) Partial repurchase of platform transaction commissions 2) Community DAO governance 3) DeFi+NFT products 4) Staking to obtain NFT 5) Payments to obtain top priority and other permissions

if you still have token at this time, no worries!!!!

Ramsy:
Alright, now let's see our last question from this segment..

Q5) How do you set the price of works of art? Is it at the discretion of the artist or are there parameters to determine it? Do you have auction systems or similar?

Freya Fu:
YES of course, our new product have auction systems and really cool
https://t.me/CryptoMiners_Co/639436

On the CryptoArt.Ai, users can directly bid with artists, or directly purchase according to the bids.Artists can control the pricing model and can also give users NFTs.Each creator’s work is cast by their own blockchain smart contract.

As for the circulation of artworks on CryptoArt.Ai, thanks to the data openness of the blockchain and the programmable asset attributes of the token. users can conveniently trade and transfer NFTs on CryptoArt.Ai

Collectibles can be auctioned at a very low cost, which helps the market to be active, and it is easier to realize the value discovery of collectibles in the active transaction flow.

Ramsy:
Thanks for that well detailed introduction about CryptoArt.Ai🤝
That wraps up the first part of the AMA session✅

Ramsy:
Don't Miss It Guys 👍

Freya Fu:
you can win double!!!!! In Crypto Miners and also on our Discord

Ramsy:
Let’s now proceed to the Twitter Questions section,

I hope you’re ready for that!

Freya Fu:
yes lets do it

Segment 2️⃣: Twitter Questions

1)About your website, upon reffering through the website, i have seen that your web is still on beta version. May i know is there still testing on going? When we can expect the final version?

Freya Fu:
This is beta version of 2.0 product, everybody can use now. We already run the testing last month. Final version will go live with in two week

2)As an NFT Creator, how can i create and publish my own NFT in your market place?is there a fees for conditions my own NFT?

Freya Fu:
There is no extra fees we won't charge any fee until your NFT been sold.

3)On your website you have a section for artists to apply and be part of the platform, but what would be the benefits that artists get from being part of your platform and what would be the minimum requirements to be part of your community?

Freya Fu:
Minimum requirement is you have to love NFT and ART

The benefits for artists are 1. you have chance to sell your NFT on auction company to the world 2. we will help you to sell 3. we will help artists for build their brand in asia and world

4) CryptoArt is a distributed application that runs on the Ethereum network, using specially developed smart contracts. Why not develop it on a network like Binance Smart Chain? offering benefits like low gas rates, etc. Do you plan to add other chains in the future?

Freya Fu:
Yes we will cross to BSC Tezos and also Klaytn. It all coming soon

BSC will come first, probably end of this month

5)Currently cryptoart has been associated with lot of platforms such as cybervein , forknews, colibri group etc.what are the future goals/plans, that you hope to launch with these partners? How did they help you in order to grow from ground level to current stage?

Freya Fu:
we will corporate with more partners to growth our Eco-system and help NFT sector to grow

We will be metaverse hub and we already partner with SANDBOX

Metaverse is the future and CryptoArt.Ai will be in this boat

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

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

Shall we go?

Freya Fu:
yes lets goooooo

Ramsy:
Here We Go,

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

1)Do you have AUDIT certificates, or are you working to AUDIT your project, to make it more secure and reliable???

Freya Fu:
yes of course we have audit our contact!!! it done by SLOWMIST

2) How can I buy this Important Project tokens? Is it available on any by exchange?

Freya Fu:
yes of course, you can found $cart on gate.io https://www.gate.io/trade/cart_usdt

3) Why did you choose BSC for your project? Is there any plan to add more blockchains in the future?

Freya Fu:
yes we plan to work with Binance

4) what is your official contract address of your token? Can you provide me real token address and website. Is your tokens already listed on any exchanges?

Freya Fu:
yes, https://www.gate.io/trade/cart_usdt

5) IS This Your project only for elite investors, how about others with small funds, is it open to everyone?

Freya Fu:
we only accept elite investors like softbank

6) Do your project support staking program? If yes. how is your stake system work, can you tell me what is the requirement for user if they want to stake in your platform?

Freya Fu:
you can buy $cart and stake on cart.finance and then you can earn $cart and also free NFT

7) Can you please highlight more on the decentralization aspect using your technology. Also in the future, is it possible to quantify the level of decentralization and economic incentivization?❓

Freya Fu:
CryptoArt.Ai relies on global artists and collectors to accelerate the growth of NFT market. Base on current artists' count, auction closing rate, and total sales, CryptoArt.Ai is ranked #1 in Asia since launched in Oct. 2020.

*This segment ends here*

Freya Fu:
Ok im so glad to be here today, and thank you guys

Ramsy:
Thankyou so much For your valuable answers and information about CryptoArt.Ai,
It Was Pleasure Hosting An Ama With You.

Is there anything else you would like to share or you want us to know ?

Freya Fu:
If you have more questions for me, you can ask me at Twitter.

All good for today. Thanks again and have a good day guys.

Ramsy:
Once Again Thank you so much for spending time with our community & Wish all the very best for "CryptoArt.Ai"

Community, if you would like to learn more about CryptoArt.Ai, here are some useful links for you:

Telagram: https://t.me/cryptoartai

Twitter : https://twitter.com/CryptoArt_Ai

Website: https://cryptoart.ai/

Discord : https://discord.gg/KYedQpatHs

Medium: CryptoArt.Ai

Instagram: https://www.instagram.com/cryptoart.ai/

Whitepaper: https://file.cryptoart.ai/whitepaper/CryptoArt.Ai_white_paper_en.pdf

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