AMA Recap: CRYPTO MINERS X PAYBBY

Paybby is a digital Crypto Bank and also a NFT market for well known artists.

We hosted an AMA session with Paybby on 14th November at 2:00 PM UTC.

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

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Segment 1️⃣: Introduction

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Ramsy:
Hello everyone 👋 and welcome to the Crypto Miners AMA session with Paybby

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 Miranda, Welcome to our community 🤝

hello there 👋

Miranda:
Hi everybody!

I am Miranda! Nice e-meeting you all!

Ramsy:
Glad to see you here ,
Thanks for bringing Us Paybby❣

Miranda:
Thank you for support!

Ramsy:
I'm pretty sure that our AMA participants are very much excited to learn more about Paybby, so let's get started if you're ready!

Miranda:
I am happy Paybby could make purchasing NFT easier for you guys, and we are still working with more partners!

Me too!!! Happy to be here~

I am ready!

Ramsy:
Q1) Can you give a brief explanation about 'Paybby' .What popped up in your mind to create a banking platform in digital space?

Miranda:
The Paybby banking app is a US digital crypto bank and we are launching the Pay crypto rewards. However you can use the Paybby account globally to purchase and transact.
Also Paybby will be launching a crypto debit account where users globally can deposit their crypto and transact using their crypto debit card to make purchases.

When celebrities and tokau promote their NFTs they tell their fans they can buy their NFT on Paybby NFT using their credit and debit card instead of buying with crypto in addition to the other NFT platforms that require crypto only. This means fans globally in Japan, India , etc can purchase NFT using a credit card.

We are a US digital crypto bank. We want to give access to everyone and make it easy for people to access crypto and NFT and banking

Ramsy:
Q2)So what are your main features and advantages that discern you from other projects? And Also Share an overview of how to use your platform.

Miranda:
It’s easier! Many ppl in America are not crypto savvy so using credit cards or debit cards make it easier.

And when you earn PAY crypto reward you can trade easily and freely. Is the reward system allows you to use the crypto reward immediately.

The main feature we have is smart banking tools and crypto and NFT. We make it easy to do manage and save your money.

Overview of products: you download the app in the US Apple store or google play store. You apply and you will be approved in 5 min and we will mail you the physical card in 5 days and you can starting using. Soon we will have virtual cards so you can activate and use immediately

Ramsy:
Impressive 👌

Now let's our next one..

Q3) Security, Fees, And Balance are always most important Problems In Banking System, So How Paybby solves these problems for a better user experience?

Miranda:
Yes, I agree with you. Security is absolutely our top priority. We partner with the bank and retain third party specialists that specialize in security and personal data protection to ensure that our data is safe. Also we sit on AWS and we have to comply with a full set of security rules and protocol as required by major banks and is regularly reviewed. In addition, we sit on top of a bank since we are a neobank and we are virtually reviewed daily and we have to do regular testing and we are reviewed regularly to make sure we meet standards. In addition we are FDIC insured by the federal bank.

Once you have a Paybby bank account you can deposit money and link to other banks. When you do direct deposit you get pay 2 days early. We will categorize your spending for you and help you safe and manage your money using smart banking tools. We are always working hard to create the best user experiences!]

Ramsy:
Q4)Now Share us about your NFT Collection, What are the some utilities of NFT's In Your Ecosystem?
And If Possible Also Share to us How To Buy NFTs On Your Platform?

Miranda:
You can buy NFT with fiat currency on Paybby.

If you are not a real user, we will detect it and you won’t get approved. However if you are a real user we make it really easy to get approve and access. Now there are over 10M people in America who can’t get access to a bank account bec they don’t have a full time job for example a freelancer or have a permanent home address. We make it really easy for today’s people who work part time or have a freelance job or a student who moves around a lot to get access to a bank account and start banking immediately.
Done

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

Q5) How has the experience and background of your team been effective in the success of your project so far?

Miranda:
We have professional team with IT and financial professionals in Paybby

Our founders are serial entrepreneurs who have fundraised, built, and sold companies. We understand blockchain and how to build a successful crypto banking business

We also have experience with global celebrities and brands and know how to scale our banking crypto business

Our team has graduated from top US schools including Stanford University and Cornell and worked in senior positions for the world top companies including Intel Capital, CAA and KPMG Consulting.

Ramsy:
Thanks for that well detailed introduction about Paybby 🤝
That's the wrap up our the first part of the AMA session✅

Miranda:
Thank you all for the good questions~

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

I hope you're ready for that!

Miranda:
Yes!! Let’s do that!👍

Ramsy:
Before The Twitter Questions I have some other questions for you,

may I ask that?

Miranda:
Of course~

Ramsy:
Can Paybby only be used in The USA? Paybby cooperated with Tokau for NFT, what is the marketing plan? What does the NFT market look like?

Miranda:
The Paybby banking app is a US digital crypto bank and we are launching the Pay crypto rewards. However you can use the Paybby account globally to purchase and transact.
Also Paybby will be launching a crypto debit account where users globally can deposit their crypto and transact using their crypto debit card to make purchases.

When celebrities and tokau promote their NFTs they tell their fans they can buy their NFT on Paybby NFT using their credit and debit card instead of buying with crypto in addition to the other NFT platforms that require crypto only. This means fans globally in Japan, India , etc can purchase NFT using a credit card.

We are a US digital crypto bank. We want to give access to everyone and make it easy for people to access crypto and NFT and banking.

We are a new type of Financial service company made for convenience and everything is linked together so it’s simple to use and you can see how your money is managed and spent.

The NFT market is global.

Ramsy:
What is the roadmap of Paybby and potential partners?

Miranda:
Paybby will be launching the crypto debit card and crypto exchange.

Paybby will partner with many celebrities to be their payment gateway for their NFT.

As part of our roadmap to launch our crypto credit card and exchange Paybby will also be launching our own custodian wallet to make it easier for fans to access their NFTs. In addition We will also partner with real estate companies to access available retail space and token projects to set up retail pop ups everywhere to support people to buy the NFT, setting up wallets, info about different tokens and how to access.

Ramsy:
What role will Paybby play in Metaverse?

Miranda:
Paybby will let users in the Metaverse use their crypto bank account to make purchases in the Metaverse. These purchases can range from NFT, land, merchs, music, tickets, tokens, etc Done

Everyone is talking about Metaverse recently~

Ramsy:
Yes, Even Mark Zuckerberg Too ✅

Miranda:
right 😀

Ramsy:
Alright, now let's go to our Twitter Segment

Miranda:
Awesome!

Segment 2️⃣: Twitter Questions

1)So Wicket is A digital Bank built to empower communities to build wealth and gain full access to the benefits of banking by Paybby. But can you explain me what is the Beneift of using Wicket app other than traditional banking apps?

Miranda:
YES. Paybby is about recirculating capital to the communities and giving fair access to banking and crypto to communities that are underserved like Black, Hispanic, Asian, etc. This way when people in the underserved community want to get loans for business or buy their house we will be able to serve them and approve their loans.

Everyone can use Paybby but we focus on these communities that are the fastest growing segments in the US market.

Also we have smart banking tools using the latest technology to help our users do automatic savings and smart banking. Also crypto will be added to automatic saving. As a software company we can easily add new applications like insurance, coupons and local merchant rewards and marketplace integration that traditional banks cannot.

2)I heard that you will soon lauch The Paybby “PAY” token. May i know whats the use cases of Pay token in your Ecosystem. How can it be used in wicket app?

Miranda:
Rewards Program will offer Paybby digital bank users access to a new utility token, PAY token, created by the newly formed Crypto Banking Consortium (CBC). Paybby users will be airdropped an amount of PAY tokens that is proportional to their usage of Paybby’s digital bank, Wicket by Paybby, PaybbyNFT and upcoming Paybby crypto credit card and crypto exchange. Paybby’s PAY Token will also provide other exciting ongoing benefits. Crypto Banking Consortium will issue to Paybby to reward customers for their loyalty and maximize yield.

For example, when they download the Paybby banking app, they get tokens.

When they purchase using the Paybby bank account.
When they refer a friend, When they buy NFT on Paybby NFT, they get tokens.
When they purchase from our merchant network they get tokens.
done

3)Partnerships are the strength of every projects. What is the link/relation between Paybby and TOKAU , how this partnership will solve problems in Banking and Nft space?

Miranda:
Paybby will be in the Tokau metacity and we make it easier for tokau community to transact with crypto and fiat using their credit and debit card.

Paybby offered all-in-one payment solution to the users in crypto world

4)Security is very important with every project and platform, when its especially a banking platform. How does Paybby keep users' assets and personal data safe from hackers? How does Paybby manage if there is an attack to your platform?

Miranda:
Once you have a Paybby bank account you can deposit money and link to other banks. When you do direct deposit you get pay 2 days early. We will categorize your spending for you and help you safe and manage your money using smart banking tools.

Security and fraud detection is invisible and seamless for the user but it’s “always on.” The customer doesn’t see it because its seamless and we make it really easy to download and open an account and get approved if you are a real user.

Security is our top priority. We partner with the bank and retain third party specialists that specialize in security and personal data protection to ensure that our data is safe. Also we sit on AWS and we have to comply with a full set of security rules and protocol as required by major banks and is regularly reviewed. In addition, we sit on top of a bank since we are a neobank and we are virtually reviewed daily and we have to do regular testing and we are reviewed regularly to make sure we meet standards. In addition we are FDIC insured by the federal bank.

We partner with the bank and retain third party specialist that specialize in security and personal data protection to ensure that our data is safe. Also as mentioned earlier, we sit on AWS and we have to comply with a full set of security rules and protocol as required by major banks and is regularly reviewed. In addition we sit on top of a bank since we are a neobank and we are virtually reviewed daily and we have to do regular testing and we are reviewed regularly to make sure we meet standards. In addition we are FDIC insured by the federal bank.

5) It is a fact tht Underserved Communities are the Most Underbanked and Overcharged. Why is there a large unbanked community? How can Your ecosystem Educate the community to Take initiative to Digital banking?

Miranda:
There are over 10 million people in America that don’t have bank accounts because they don’t have a permanent home or stable job or regular income or are illegal.

Also for the gig economy many can’t get bank accounts. The traditional banks have not been updated with technology and new trends such as the gig economy. This is why we have over 10M people with no bank accounts.

We will partner with a real estate company to take advantage of all the available retail space so we can have pop up shops everywhere to support the community with NFT, crypto and banking.
Also we have smart banking tools using the latest technology to help our users do automatic savings and smart banking. Also crypto will be added to automatic saving. As a software company we can easily add new applications like insurance, coupons and local merchant rewards and marketplace integration that traditional banks cannot.

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

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

Shall we go Miranda??

Miranda:
Fantastic!

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

Miranda:
Yes we are looking for elite anchor investors however our project is open for everyone. Everyone can participate by working with their community and can participate when we list with the big exchanges.

2) What are the major challenges of PAYBBY Finance and how do you intend to solve them?

Miranda:
Our banking app is available now. We have a great working product and need money to scale. We plan to quickly raise money through our PAY Token sale so we can build our community and get many users. In addition as part of our roadmap we will launch our own custodian wallet and launch our crypto credit card in 4-6 weeks. We currently have 2500 users. Once we hit 100,000 active users then we would be profitable and our valuation will be $100M.

3) 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?

Miranda:
Yes we will definitely offer staking and our users will earn money when they stake the PAY token. Whatever they earn from staking will be available in their bank account and wallet and they can start using immediately. Since we are a bank already we can add staking in 4-6 weeks. This is why we are doing a token sale so we can launch these products to the Paybby banking app this year if possible!

4) why the nft on your platform has a variety of colors. can you tell me the meaning of each color in #Allegend? and who designed the nft color?

Miranda:
Thank you for your interest in Allen Iverson NFT collections! There are 20 colors for each design of the NFT. There are 6 designs. The 20 colors just represents the colorful life of Allen Iverson in 25 years since Rookie year. Allen Iverson wants to share his colorful life with his fans. It is quite significant for Allen Iverson. That is why this collection is highly valuable. This collection was illustrated by artist, Andrew Kligier. A portion of all proceeds will benefit The Allen Iverson Scholarship Endowment.

The Color of Life NFT is part of limited time offer for the the Allen Iverson NFT collection. It’s part of a collection of 120 unique NFTs that form the Allen Iverson portrait. Each NFT is $79 and fans can collect 6 NFTs and get a gold badge and win $2000 in USDT or be the to collect all 120 NFTs in the collection and be the first edition and win $5000 in USDT. This is a special exclusive collection that Allen Iverson is doing with TOKAU. Allen Iverson is one of the greatest basketball athletes in the US NBA.

5) Do you have a Token Burning plan to increase Token value and attract Investors to invest?

Miranda:
Yes absolutely!! As part of our Tokenomics we will be aggressively burning tokens every quarter. In addition we will have staking and allocate percentage of revenue for buyback

6) Why don’t you have an active community group on telegram or discord? What are you focusing now?

Miranda:
Yes if possible we will open telegram and discord communities in different languages so other countries can easily participate. We will launch the crypto credit card soon and participants in South East Asia, Japan and everyone who has crypto can access. So yes we definitely will start building communities in discord and telegram in different languages. We also hope people in our community will help us build these communities and be our ambassadors.

*This segment ends here*

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

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

Paybby:
Please keep tuned with our official website

Get the most update information

Thank you for participation! Appreciate hosting this for Ramsy, You are great!

Ramsy:
Thank you Miranda

Once Again Thank you so much for spending time with our community & Wish all the very best for "Paybby"

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

Telagram: https://t.me/PaybbyNeoBank

Twitter : https://twitter.com/Paybby1?s=20

Website: https://paybby.com/

Instagram: https://www.instagram.com/paybby1/

YouTube: https://www.youtube.com/channel/UCDnu71uFbbn2RoxBwP4h-uQ

Medium: Paybby

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CRYPTO MINERS

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