RECAP#AMA1050

CryptoFury Community
5 min readJun 22, 2022

#AMA1050

CryptoFury x Nody

⏰ Time: Jun 21st , 2:00 PM UTC
💰 Reward Pool : 200$
💎 Place : https://t.me/CryptoFury_Chat

Question for Part 1- Project overview:

1. Can you briefly introduce yourself as well as Nody? And from where you get the project name? What does it mean to you? And why you choose this name for your project? What is your mission and vision to build this project? What you want to achieve Through your project in future?

Albert: My name is Albert Meyer and I live in Switzerland, Geneva. I have been working with different IT projects for the last 10 years.
Last year a group of IT developers contacted me and presented me the idea of NODY.
Nody is a ditributed node infrastructure for effortless dApps creation and integration.

Obviously we are working with nodes that where the name came from :)

Nody is something I work for now full time we hope many people will use it soon.

NODY represents node, simple as that :)

2. Is Nody a safe and reliable platform for investors? What value does Nody bring to investors and the blockchain community?

Albert: We plan to make NODY a DAO based project, that means community will control the NODY future. In my opinion, this is on of the safest models.
With NODY you can have near-instant access to the nodes infrastructure, without excessive costs and special knowlegde, just using NODY dashboard.
This kind of service will definately accelerate web3 development across whole industry. Investors can benefit by receiving a % of NODY income (staking and delegation) DONE

3. Who are Nody strategic investors? And what is Nody roadmap to 2023? What is your ultimate goal for this year?

Albert: From day 1 we wanted to stay away from institutional investors, to avoid their control in the future.
The seed investment fund used to develop and initially market NODY was from developers of NODY.
Once switching to DAO model the NODY will be controlled by proposals and voting
Roadmap for 2023 is a public launch. We aim to complete everything by the end of this year and make a public launch in QI 2023. DONE

Part 2: Pre-selected questions from our community

1. What are the competitive advantages of your project? What advantages do you have that other competitors don’t have? What would be your project secure most similar contender in the market today in terms of scalability, security, features & adaptability?

Albert: Good question! Nody is a ready made service provider. There are maybe 1–2 companies that offer the similar services and all of them are at the very early stage.
We have edge over them by having the large and very experienced team, with core NODY development already completed. So we ARE the best!

2. Which market are you focusing on? How do you rate the Vietnam market? Do you have any plans to develop in the Vietnam market?

Albert: We are aiming for a world wide market and Vietnam is very important for us, because of the high level of crypto adoption, both among developers and end crypto-users. We are planning to create a separate group for Vietnam! DONE

3. What is the token’s role in the ecosystem? Where can people buy right now? What will it do? Is your platform suitable for Crypto beginners? Or is it limited to professional users only?

Albert: All services will be charged in NODY only, so essentially NODY a native currency of our ecosystem.
NODY will be listed at the end of this week and we will make an announcement.
Our services are aimed to developers but the aim of the project is DAO model. We do need the community to manage the NODY, take part in voting and development.
Community can use delegation and staking services for a passive return. DONE

4. Almost 80% investors have just focused on price of token in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in long term?

Albert: There are many reasons to be part of the NODY project: by holding NODY tokens and staking them, you will get a passive return, based on NODY performance.
A fixed % of NODY income generated will be distributed to NODY holders each month. DONE

5. Users often care less about technology, but rather the value of the token. How do you manage to strike a balance between developing the technology and also improving the value of the token?

Albert: Honestly, I think technology should come first and the value will follow. We will make a great product and we are sure that the community will value it! DONE

Question for Part 3: Guests will choose 5 live questions from members and answer directly in CryptoFury Community

1. It is worrying the number of projects that fail to progress, what plans do you have for achieving it? How do they show their confidence?

Albert: We have completed our development, there is a market for our services and we have secured the seed funding

2. Has Nody ai launched yet? If yes, can you tell me how to use it? @albert_nody

Albert: Nody has launched in closed BETA, you can request access by emailing to: support@nody.ai

3. IS This Your project only for elite investors, How about other’s with small funds, Is it open to everyone??Thanks Sir?

Albert: NODY is open for anyone, we dont have institutional investors, so once NODY is listed (this week), anyone will be able to buy it

4. Nowdays the main problem of crypto market is high gas fees and scalability. How do you plan to overcome these issues? Will you focus on L2 solution like Matic?

Albert: Currently, L1 solutions are still very popular for WEB3, so we are focusing on L1 nodes for WEB3. We will start including L2 solutions once they are more developed/popular

5. Marketing is a central element for every project, so that everyone knows the potential that a project can bring is vital to achieve the goals set? What is your strategy to attract new users and Investor to your platform and keep them long term?

Albert: There is a HUGE (50k USD) bounty program live now, you can still join and be part of NODY. : https://bitcointalk.org/index.php?topic=5402599

All details about ArchLoot could be found below

🛢Website :https://nody.ai/
🛢 Twitter:
https://t.me/nody_ai
🛢 Telegram Chat:
https://t.me/nody_ai

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