AMA Recap: CRYPTO MINERS X MUSK KNIGHTS CLUB

We hosted an AMA session with Musk Knights Club on 2nd June.

Mr. Ramsy was the host from Crypto Miners and Mr. AK was the guest. He shared delightful knowledge and unique features of Musk Knights Club.
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Segment 1️⃣: Introduction

Ramsy | Crypto Miners:
Hello everyone 👋 and welcome to the Crypto Miners AMA session With Musk Nights Club

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

AK:
Hello Everyone 👋

Ramsy | Crypto Miners:
Hello there 👋

Welcome here ❤️

AK:
Happy to be here tonight to discuss about our project thanks for having me 😊

Ramsy | Crypto Miners:
I’m pretty sure that our Community is very much excited to learn more about Musk Nights Club ✌️

So Without wasting any time let’s get started if you’re ready!!

AK:
Sure let’s do that

Ramsy | Crypto Miners:
Q1. Please begin by giving us a brief Introduction of yourself and the team behind Muskknights.
Also, tell us a little about the innovation of Muskknights.

AK:
My name is Alex I have been in the crypto space for more than I can remember 🙂 working alongside various crypto projects and exchanges. Our team is specialized in various blockchain projects that turned out a success our tech team which is our backbone earned different skills from working in top tech companies prior to joining the project.

Musk Knights Club is a DAO-managed decentralized VC investment club. The original intention here is to promote decentralized investment through DAO, mainly projects endorsed by Elon Musk. This platform allows anyone to increase their investment capacity and free people from WEB2 with a spirit of scientific research and innovation like Elon Musk. Of course, in addition to Elon Musk-related projects, we will also invest in other WEB3-related projects.
All Musk Nightclub monetary funds will be invested after voting through community proposals, and the proceeds generated will be returned to participants in the autonomous DAO community. At the same time, the Musk knights club will also create its own NFT, and the NFT trading platform, which includes NFT minting, loan, and other functions, users who own the DAO governance token-knights (KNT) have the NFT priority to MINT, challenge institutions and break traditional investment methods.

🙌

Ramsy | Crypto Miners:
Thanks Alex For this great start 👌

Now let’s see our second question from this segment

2)Muskknights as we see is a fully integrated ecosystem of decentralized financial services built on web3. Tell us more about this, what is its Vision and what services does it provides?

AK:
Thank you, indeed our aim is to make use of Web3 functionalities to bring to our comminity a decentralised VC where every stakeholder plays an important role of the bigger picture in the ecosystem.

Our investors are 2 types:

1. Gentleman
Gentleman is responsible for proposing project proposals (while they will lose voting rights). The gentleman needs to hold the official NFT, and the official will sell 100 NFT blind boxes in the form of NFT blind box sales, which means that there will be 100 gentlemen in the Musk knights club, and NFT is a symbol of identity.

2. Warrior
Knights Token holders are called warriors, and the Musk Knight Club (DAO) grants voting powers within the platform to its token holders. The more Knights the user possesses, the greater the decision-making power a voter gets. Warriors also benefit from internal incentives.
So, to benefit from privileges, the community Warriors only needs to hold tokens.
Hence, Gentleman and Warrior are both the DAO’s community members, but the above weight division is to prevent large households from maliciously voting and interfering with the project.

Ramsy | Crypto Miners:
Moving on…

3. Please give us detailed information about the $KNT, its Function Within the Ecosystem, Trading Fees, Allocations, launch and everything there is to know regarding It’s Tokenomics.

AK:
Knights (KNT) is the governance Token of Musk Knights Club (DAO). Each Knights Token holder automatically becomes a member of the DAO and is thus entitled to vote on them regarding any change, development, addition, or other decision regarding the DAO. Knights Token grants its holder voting powers within Musk Knights Club (DAO). The more KNT the user possesses, the greater the decision-making power a voter gets.
All DAO members are expected and welcome to actively participate in DAO and the decision-making process. Any decision whatsoever that influences the structure of the DAO, its daily operations and plans, any business, technical and functionality decisions regarding Musk Knight Club (DAO), its tools, and products, as well as Musk Knights Club (DAO) Treasury is made through the proposal and voting process.
Allegedly, the proposals might concern three main areas:

I. Musk Knights Club (DAO) functioning. E.g., the members may vote on a change of the memo, change of goals and incentives within the DAO, change of proposal procedure, etc.
II. DAO members may propose any changes to the smart contracts of Musk Knight Club (DAO) products, development of new related products, modification of fees and commissions, additional features, etc.
III. Musk Knights Club (DAO) Treasury. E.g., members can vote on any decisions regarding the allocation
of DAO’s funds, use of the funds for development, external services, incentives, etc.

Ramsy | Crypto Miners:
4. Have you already made some Partnership deals, can you tell us about some of these, and are you open to more Partnerships? Also a bit about the NFTs and NFT properties on Muskknights

AK:
Our aim is to establish strategic partnerships with partners that would bring in added value to the project. As we speak we have some amazing players in the crypto space with whome we are finalizing the agreement. Unfortunately we are unable to give more details at the moment however I encourage everyone to stay tuned to our social channel on Twitter for announcements

Ramsy | Crypto Miners:
Finally, can you tell us your current achievements and what stage on your road map are you?
Also, can you share a Bit about the Security state of Muskknights

AK:
Internally we are very proud of what we have achieved so far in terms of team building, platform, smart contract and many other milestones.

Our roadmap for 2022 is as follows:
Q2 2022:

Launch Musk Knight studio
KNT Token launch ICO
NFT Minting
Release of 100 Gentleman Identity NFT for sale
Select and Invest in Top project

Q3 2022:
Internal testing for NFT Marketplace platform

Q4 2022:
Launch NFT Marketplace
Release Musk Knight Club Collector’s limited edition NFT

Ramsy | Crypto Miners:
Thanks Alex for this well detailed introduction about Musk Nights Club:)

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’re ready for that!!

AK:
👌👌

Segment 2️⃣: Twitter Questions

Ramsy | Crypto Miners:
1) After the end of the public offering, Can the members with a casting whitelist be able to access the NFT mint platform on the MUSK Knight Club? Can they cast their own NFT? Where will go the the cost of mint NFT?

AK:
sure, our whitelisted candidates will have the chance to purchase our NFT first as for the cost of minting a portion will go to the DAO and a portion to Marketing 🙂

Ramsy | Crypto Miners:
2)One of the goals of Musk Knights is to protect people with a decentralized finance ecosystem. So how do you plan to achieve this? How can people be more protected by participating in your project?

AK:
Using DeFi features we want to look at ways to give back to the community by giving them the chance decide on the course of investments in project by not relying on one single person but a pool of majority through DAO

Ramsy | Crypto Miners:
3) I read in your white paper that we can do whatever we want with the NFTs, such as throw them away, gift them to a friend anywhere in the world, or sell them on an open marketplace, but speaking of gifts, can you tell us if there is a gas fee when sending NFTs?

AK:
interesting question who doesnt like gifts 🎁

very very low gas fees

Ramsy | Crypto Miners:
😸😹

4) What’s other marketing strategy are in place to get this project known, What challenge is being fixed before launch? What gives you confidence that your project would be preferred compared to others already available?

AK:
For marketing we try to be as diverse as possible of course social media is a very important factor.
We partner with different channels as well for maximum exposure of our project. For the project success we try to use all our ressources to make sure we stand out. I have faith in our team and especially out tech team

Ramsy | Crypto Miners:
5) Trust is one of the most important aspects of blokchain platforms, it is a pillar of success, but it has been lost over time. How will Musk Night Club manage to build trust in its users and investors, so that they feel committed and confident in the development of the project?

Here is our last question from twitter

AK:
It’s a very important question, in regards to trust we try to build a bridge with our community and be as transparent as possible to ensure that are community is fully aware of what they are getting into. We plan to partner with 3rd party audit company for our smart contract as well. We will put alot of effort into AMA’s to stay connected to our community as well

Ramsy | Crypto Miners:
That’s the wind up of our twitter question segment 🤝

AK:
Thanks for the questions !

Ramsy | Crypto Miners:
Now Moving on to our last segment — Live Q&A

Shall We Go mate?

AK:
sure

Ramsy | Crypto Miners:
lets 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) 🥰 The Lion 🥰:
Do you have AUDIT certificate or are you working to AUDIT your project, so that the security of the project becomes more secure and reliable?

AK:
Of course, that is a priortiy we are talking to Certik and some other reputable entity in that field.

2) Donald Trump:
Staking programs are mainly for advanced projects. Is there a staking program in your project?

AK:
Trump! Aren’t you tired of making money 😂 in case you’re not you can surely stake your KNT’s once we start listing

3) Mahdhi Ismath:
The Luna and UST incident affected the market very badly and caused a loss of confidence in the investor. What can you say to get the investor to trust you? How does the distrusted investor support your project?

AK:
I say do a lot of reading about project before joining understand where you put your money rather than FOMO

4) Summer:
I read that MUSK KNIGHTS CLUB mentioned that COMMUNITY is the CENTER of your project. How does MUSK KNIGHTS CLUB make decentralization on its ecosystem? How does your DAO Governance work and how can users take part on it?

AK:
I. Musk Knights Club (DAO) functioning. E.g., the members may vote on a change of the memo, change of goals and incentives within the DAO, change of proposal procedure, etc.
II. DAO members may propose any changes to the smart contracts of Musk Knight Club (DAO) products, development of new related products, modification of fees and commissions, additional features, etc.
III. Musk Knights Club (DAO) Treasury. E.g., members can vote on any decisions regarding the allocation
of DAO’s funds, use of the funds for development, external services, incentives, etc.

*This segment ends here*

Ramsy | Crypto Miners:
Thankyou so much Alex For your valuable answers and information about Musk Nights Club,
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 ?

AK:
just want to remind the community to follow us on our socials

and thanks alot

it was a pleasure

Ramsy | Crypto Miners:
We Wish all the very best for Project Musk Nights Club And The Entire team behind the project ❤️🤝

Website: http://muskknights.com
Discord: https://discord.gg/muzxq3AM
Twitter: https://twitter.com/MuskKnightsClub
Medium: Musk Knights Club
Reditt: https://www.reddit.com/user/MuskKnightsClub/
YouTube: https://www.youtube.com/watch?v=TBJILVpxHzw

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