AMA Recap: CRYPTO MINERS X GEOJAM

Geojam is a social engagement platform that has already generated

meaningful, passion-fueled fan engagement with celebrities such as Mariah Carey, Machine Gun Kelly, and Nyjah Huston. In one year, Geojam has garnered tens of thousands of users across iOS devices and has served as a bridge for fans to engage directly with artists, athletes, and influencers in the world of music. Geojam is the evolution of passive social media engagement (i.e., tweeting, posting, sharing, etc.), encouraging a two-way dialogue and interaction between artists, creators, and their fans with the use of gamification and real-life experiences. Geojam creates value-based gamification fandom by giving creators new monetization

opportunities and fans entertainment, and tangible rewards.

We hosted an AMA session with Geojam on 17th March.

Mr. Ramsy was the host from Crypto Miners and Miss Sarah and Mr. Sam was the guests. They shared delightful knowledge and unique features of Geojam.

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Segment 1️⃣: Introduction

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

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

Sarah Figueroa:
Hi Everyone! Happy to be here

Sam Krichevsky:
Hi Everyone!

Ramsy:
Hello guys 👋

Welcome here
Thanks for bringing Us GEOJAM ❤️

Sarah Figueroa:
Thank you for having us crypto miners!

Ramsy:
I'm pretty sure that our Community is very much excited to learn more about GEOJAM ✌️

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

Sam Krichevsky:
Lets do it!

Sarah Figueroa:
Let's do it!

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

Sarah Figueroa:
Our vision is to build the creator economy of the future that redirects the flow of incentives back in the hands of the creators and users themselves. Geojam is the ultimate place for Fans and Creators to be brought closer together than they’ve ever been before. We are building a social economy that provides a direct line of communication between creators and the fans that love them. Whether it’s a creator, crypto, NFT project, a company, or just a group of people with like-minded interests, these communities encourage creativity, experimentation, and communication.

Geojam is a successful iOS app that’s garnered tens of thousands of users, alongside celebrity backers including Mariah Carey, Nyjah Huston, 24kGoldn and more. With the inception of our $JAM token we are creating an economy for fans, artists, creators, and brands can gain value for experiencing moments together!

Ramsy:
Thanks Sarah for this great start about GEOJAM 👌

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?

Sarah Figueroa:
Geojam provides creators a Web3 platform to monetize and engage with their community We already have the market validation, a product, users, and the celebrity backers. Here are some features that really sets $JAM apart. 1. Community governance through our proposal pools. 2. Creator access pools which allows token holders to unlock exclusive & one-of-a kind experiences, NFT's, content, merch, and more. 3. Content Operators, which democratizes content moderation and rewards the token holders running these nodes.

Check out some our past exclusive experiences

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

Sarah Figueroa:
We have a 13 person team with years of experience in social media, crypto, NFTS, marketing, artist management, tech, and user experience.

Its been incredible to be able to build with our community!

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

Sarah Figueroa:
You can find our tokenomics here!

Ramsy:
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 GEOJAM If possible could you please share road map with us.

Sarah Figueroa:
We launched a traditional platform in October 2020. We are now shifting towards a web3 model and decentralized ecosystem. We started migrating our ecosystem towards the blockchain in September and our $JAM portal is coming out this month

Ramsy:
Thanks Sarah for this well detailed introduction about GEOJAM:)

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!!

Sarah Figueroa:
Great

Thank you!

Lets do it!

Segment 2️⃣: Twitter Questions

Ramsy:
1) Every project has an interesting story before it is created. what motivates you to build and develop great projects like this ?? ️

Sarah Figueroa:
My background in Social media, music sponsorships, and UX design. I have always loved the idea of giving the power back to the people in music discovery and social media.

Ramsy:
2) Congratulations for being included in KuCoin portfolio! May we know, how will Geojam treat this achievement? How do you think this recognition for your platform can help Geojam open more doors of opportunities?

Sarah Figueroa:
We appreciate all of our partners that believe in the creator economy we are aiming to create. Kucoin labs is an incredible partner and have been instrumental in building our ecosystem. We were also just named on Fast Company's most innovative companies of 2022

https://twitter.com/geojamofficial/status/1501210573220065280?s=21

Ramsy:
3) It caught my attention of features Creator Access Pools (CAP). Can you please explain more what is creator access pools? And what is creator economy too?

Sarah Figueroa:
Each creator access pool community also has its own unique access badges, allowing for community-specific governance and engagement.

These communities can set the different levels and access token (badges) functionality. Geojam is simply a tool that empowers communities to create and govern. Geojam is not in control of these third-party economies or their rules. Creators and their fans decide how to manage and act within these communities and how they would like to utilize $JAM. These communities could run without the project team, and they can issue/grant proposals in whatever way they want.

The $104+ Billion dollar Creator Economy is rapidly defining the future of digital work as nearly 50M+ individuals, ranging from social media influencers, celebrities, artists, YouTubers, and athletes, are building out new monetization strategies alongside loyal followers.

Ramsy:
4) NFT is a hot topic these days, but NFT isn't just for the arts. Does your project think that more real world use cases will emerge for NFT as time goes on, why should we take NFT seriously?

Sarah Figueroa:
this is an amazing question

It's funny I just spoke on a panel at South By South West

called Beyond the art of NFT's

Besides merging the physical world and access with NFT's, there is so much value that can be stored into an NFT that is represents your permissions

and your standing in a community

Geojam is using NFT's for community governance and access to token gated communities

Ramsy:
Let's move to our last question from twitter

5) As we all know, a strong community not only brings interesting ideas to the project but also attracts larger partners. So how is #GeoJam planning to expand its community? While building your project, do you take into account community feedbacks and demands?

Sarah Figueroa:
The community is everything and governance over this ecosystem is of upmost importance. We believe in a decentralized economy for creaters and their fans. Thats why we created tools for our token holders to make decisions through our proposal pools and polls feature.

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

Sarah Figueroa:
thank you!!!

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

Shall We Go?

Sarah Figueroa:
great thank you

Ramsy:
Let’s go,

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

1)Edward Snowden:
Staking & NFT are hot topics right now, My question is, did you make this project only for the short term because of these hot topics? Do you have a long term plan for this project?

Sarah Figueroa:
We know NFTs and Staking are very buzzy right now. But $JAM is creating long term utility and proof of work for both of these features. A value-based ecosystem, with our platform token $JAM, expands Geojam’s impact on creators by rewarding them and the crowds that support them with desirable value exchanges: a result of increased time and attention (trend analysis) will accelerate the adoption of $JAM. Geojam is uniquely positioned in having a functioning ecosystem and rewards-based economy for creators to engage with fans to redeem physical and digital experiences, products, digital goods, and merchandise. $JAM is essential and will be the decentralized utility of Geojam, granting $JAM token holders a direct relationship with one another to connect, engage, and transact in an authentic and fun way that not only increases community value for artists and their fans but changes the value of engagement and gamification

2) Waluyo Benjo:
Can 𝗚𝗘𝗢𝗝𝗔𝗠 partner with conventional music platforms such as spotify, youtube music, and others ??
what is the superior value of 𝗚𝗘𝗢𝗝𝗔𝗠 with conventional platforms in your opinion ??

Sarah Figueroa:
The Geojam app is already integrated with Spotify and Apple Music

3) Jisan:
Since NFT is popular nowadays, is there a plan for NFT integration?

Sarah Figueroa:
Yes, NFT’s are a key component to our ecosystem

4) Akbar Crypto:
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?

Sarah Figueroa:
At Geojam, we value decentralization. We believe the content we see should not be limited by a centralized or biased force but rather by networks powering the ecosystem. It is no surprise that some social media users post inappropriate or misleading content, nor is it a surprise that most of our content on Facebook is blocked or decided based on ad targeting.

A decentralized network should decide whether or not this content should be removed, and it should also determine featured and trending content, amongst other things. With millions of users fueling content to the ecosystem, reporting and validating must be operated for the sustainability and quality control of the Geojam community. Geojam’s content operators will be responsible for validating the content, it’s reports, engagement, and discoverability and will be the backbone of the Geojam Social Platform.

*This segment ends here*

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

Time To Conclude Our AMA Section

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

Sarah Figueroa:
This group had the most incredible questions! Hope to see you guys in our telegram channel

Ramsy:
We Wish all the very best for Project
GEOJAM And The Entire team behind the project ❤️🤝

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

Website: https://www.geojam.com/

Twitter: https://twitter.com/geojamofficial

Telegram: https://t.me/geojamofficial

Channel: https://t.me/geojam_announcements

YouTube: https://www.youtube.com/channel/UCHkLyB-ZJ4LSDVND1FcQjOA

Instagram: https://www.instagram.com/geojamofficial