BSC.NEWS hosts Smaugs–a marketplace is a complete custom DeFi, governance, and NFT marketplace. All questions answered by Emre
Lola (AMA HOST):Do I have Smaugs team member here?
Emre: Hello,
Yes, I am here
Lola (AMA HOST): Hi Emre!
How’re you doing today
Emre: Thanks
Hi again
Great to be here
Very excited for questions
Lola (AMA HOST): And how has been Smaugs Project?
I’m excited too. 😊
Another time to learn again.
Q1. Can you give us a general introduction of you and Smaugs? Could you tell us your role in the project and briefly introduce Smaugs?
Emre: My name is Emre Ulgac I am the founder of the Smaugs NFT.
In addition, I manage all development and planning processes of our NFT marketplace application.
I have been working on crypto since 2017 and I continue to do so. I worked in software development and artificial intelligence projects and companies for 5 years.
One of the most exciting topics for me is to integrate artificial intelligence technologies with NFT.
Smaugs NFT is a marketplace where you can sell your digital assets in the digital world.
Our primary goal is to quickly activate the NFT marketplace. We solve the fee and speed problem, which is the biggest problem in nft marketplaces, by using the Binance Smart Chain network.
Lola (AMA HOST): Since 2017? That’s interesting. And doing pretty well as a manager
And how’s been the experience working with Smaugs?
Emre: Actively we are working for 4 months. In this month we started to run 🙂
Lola (AMA HOST): Okay.
Q2. How many team members do you have working with you? And can you also tell us their roles?
Emre: We have 6 members that includes 2 core developers, 1 Marketing Manager, 1 UI Developer, 1 community manager and 1 Human resources manager.
All highly skilled professionals with backgrounds of working with software development, artificial intelligence and crypto projects.
Lola (AMA HOST): Great team working together. 😊
Q3. Can you tell us about NFT Marketplace and how user can create NFT?
Emre: Smaugs NFT is a marketplace where you can sell all of digital assets in the NFT world.
Smaugs marketplace is working on the Binance Smart Chain and completely decentralized.
You can turn your assets in the digital world into NFT tokens using the Smaugs NFT marketplace and earn a lot of different gifts.
Artificial intelligence technologies meet with NFT. 🚀
We are working to ensure that the competitions in different fields are in the structure we will establish.
What I mean by competitions, for example, we are building a structure that enables participation with NFT tokens through our logo design competition system.
In the future, we want to make the opinions of all our users valuable with the governance logic.
Freelancers will now be able to sell their designs as NFT.
Lola (AMA HOST): I love this. Great job.
Q4. How does Staking works in Smaugs?
Emre: We will activate the staking and farming features for our investors until the marketplace.
There will be a partnership related to this. We will announce the starting date and details on our twitter account tomorrow.
It will start very soon after the announcement.
APY rates will change dynamically according to the total stake amount.
Lola | CM | AMA HOST |: Okay. We await that from the Team. 👍
Q5. What are the benefits or Reward in Smaugs?
Emre: Our staking and farming pools are planned for 1 month. We will have NFT token rewards for stakeholders for 1 month.
In addition, our events will continue until our marketplace opens.
We also have an event this weekend at 15.00 CET. We are waiting for you all.
When our NFT Marketplace opens, there will be Smaugs token gifts for transactions.
In addition, the advertising system that we will activate in the market place will also be among our awards.
Lola (AMA HOST): Wow! Good to hear that
Is there a link for it?
Emre: smaugs.com/style-transfer
Lola (AMA HOST): Great. Thanks. 😊
Emre: You can join from here at 24 april.
Lola (AMA HOST): Okay Emre
Q6. How many Partners do you have? And what do you expect from them?
Emre: Tosdis finance one of our partners for staking and farming. We also have a plan to partner with some famous artists and game companies.
Our team is working on this. We also wanted to attract people outside of the crypto field to our platform and make them permanent.
We will also have negotiations with freelancer platforms for partnerships.
Lola (AMA HOST): Attracting people outside of the crypto field is a a nice idea. But how do you intend to achieve this?
Emre: We will be holding competitions for people outside of Crypto.
Game tournaments and design competitions will be through our system.
Lola (AMA HOST): All right.
Q7. Can you tell us about the Transaction fees in Smaugs?
Emre: We are solving the fee and speed problem, which is the biggest problem in NFT marketplaces, by using the Binance Smart Chain network.
Currently, the fees vary between 0.5 – 1 dollars.
This is one of the most important differences compared to other networks.
Other than that you will be able to create NFT token in a minute. Easy and very fast.
Lola (AMA HOST): Yeah. Right.
Q8. Can you share with our community the plans you and your project have for this year and the coming years?
Emre: Smaugs token listed Pancakeswap on April 18. This weekend will be a Artwork event.
After our smart contracts development over, they will be sent to Certik company for audit.
There will be central exchange listing in May.
Stake feature will be activated.
Depending on the audit process, the nft marketplace will be available in May.
Different events and competitions will be added to the system.
At the end of all these developments, we want to be the meeting point of many different areas.
Q9. What are the major challenges of Smaug and how do you intend to solve them?
Emre: One of the biggest challenges is to bring crypto and other different sectors together.
In order to solve this, we want to meet with freelancer sites and work integrated with them.
Apart from that, we want to organize game tournaments with game companies to ensure that the items for the game are purchased with NFT tokens.
Besides these, another challenge is that it has to be an easy-to-use system. We work hard for this.
Lola (AMA HOST): Have you started any move on that? What you plan to do
Emre: Our first step for this is the event we will do this weekend.
We bring today’s paintings to life by using the art understanding of old artists.
Lola (AMA HOST): 👍😊
Emre: Thats the AI power 🙂
Q10. Share with us all the links about Smaugs, so that readers can find out more and also follow the development of the project.
Emre: Smaugs NFT Website
Where to buy Smaugs Token?
Q11. Lastly our favourite question, do you have any alpha or juicy news for us in BSC News today?
Emre: Stake and farming start on Monday. Let’s make the announcement here. 🙂
These are the news I can give for now, and more will come in the upcoming days.
Lola (AMA HOST): No problem.
Source : bsc.news
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