Greetings to our NFTFeed community! Yesterday Oct 24 2023, we hosted an insightful AMA session addressing two of the most voted issues on our Discord.

Community Engagement and Rewards

1.1. Community Engagement

We acknowledge the feedback we've received concerning community engagement. It's evident that some members feel there's a lack of active participation and that our Discord mods could be more helpful. We genuinely value this feedback and are taking immediate steps to address these concerns.

1.2. Rewards

Additionally, concerns were raised about the perceived value of the rewards for minting NFTs. To clarify:

We've partnered with several entities to provide rewards to those who mint with us. Our giveaway campaigns offer substantial benefits to NFT holders. Specifically, holding an NFT from NFTFeed can potentially earn you over 100% rewards from the rewards pool giveaway. While we've set the stage for our community to benefit, it appears many haven't fully taken advantage of the opportunities available. We encourage everyone to explore these rewards and maximize their benefits.

In our continuous effort to enhance the NFTFeed experience, we're thrilled to announce the development of a Web 3 community platform. This platform will offer tasks and quests, allowing members to earn even more. It's not just about engagement; it's about tangible rewards.

This initiative is part of our broader strategy to diversify and increase our revenue streams. By boosting our revenue, we can reinvest and provide more back to our cherished community. Our goal is to create a symbiotic relationship where the platform and the community both thrive.

When IDO ?

Regarding the upcoming IDO, we are pleased to announce the integration of the DAO (Decentralized Autonomous Organization) system. Holders of the 'Sharkie' NFTs on NFTFeed will be granted the privilege to vote on the IDO's date. This measure ensures equity and fairness, underscoring our commitment to providing every member of our community with an equal voice in the project's direction.

2. Roadmap and Implementation

We're thrilled to share some key updates about our roadmap and its implementation:

• Integration with Scroll: In line with our continuous efforts to evolve and expand, we're delighted to announce that the latest chain we will integrate is "Scroll."

• Multi-Chain Ambition: Consistent with our multi-chain vision, we are on a trajectory to incorporate more chains progressively, ensuring that NFTFeed remains at the forefront of blockchain integration and diversification.

• NFT Feed Marketplace - The Future of NFT Trading: Our next major milestone is the launch of the NFT Feed marketplace. This platform is designed to be a comprehensive hub for NFTs on NFTFeed, offering users a dedicated space to store, sell, and enhance the value of their NFTs. Stay tuned for this exciting development, coming soon!

• ERC-6551: we will implement this new function into NFTFeed, your main NFT = the total value of all the NFTs you have put into the ERC-6551 and will LP added, make it has value and tradeable on Opensea

• NFTFeeding: Full information about NFTFeeding on NFTFeed’s Gitbook

3. Most asked question

3.1. Why you make us mint but have no correlation to profits gained from those nfts?

We understand the concerns raised regarding the correlation between minting and the potential profits gained from those NFTs. It's essential for us to clarify our stance and vision on this matter.

From the outset, our primary focus has been user-centric. We believe in creating genuine value for our community, rather than short-term gains. The NFTs you hold are not just digital assets; they are an integral part of our ecosystem's growth and future.

As we transition into the main net phase, the true value of these NFTs will become more apparent. With the forthcoming launch of our NFT Marketplace and the implementation of the ERC-6551 standard, every NFT will be tradable. This not only enhances liquidity but also positions your NFTs as valuable assets within the NFTFeed ecosystem.

We appreciate your patience and trust in our vision. Together, we're building a platform where the value of NFTs transcends mere aesthetics, creating tangible benefits for all holders.

3.2. Why mint free but cost system fees?

We'd like to shed light on the structure and purpose behind the system fees we've implemented. Our primary objective is to foster a sustainable ecosystem that benefits both our users and the dedicated team behind NFTFeed.

Of the total system fees collected:

• 60% is allocated towards the DAO and our broader community. This significant portion ensures that the majority of the funds are reinvested into initiatives and projects that directly benefit our users and contribute to the platform's overall growth.

• The remaining portion supports our team. This allocation is crucial as it provides the necessary financial resources to continue our platform's development, ensuring consistent advancements and enhancements. It also serves as motivation, ensuring our team remains driven and committed to building and optimizing NFTFeed.

We believe this structure strikes a balanced approach, prioritizing community development while also ensuring the platform's continuous evolution and sustainability.

3.3. Why is Shark Point pending so long?

We understand the concerns regarding the prolonged pending status of Shark point redemptions. Here's a comprehensive explanation:

• High Volume of Wallets: We are diligently working to assist everyone in the redemption process. However, with over 30,000 wallets to process, the task is enormous. Among these, we've identified thousands that are potentially operated by bots, and it's crucial for us to filter these out to ensure fairness. Integration Challenges with

• Galxe & Zealy: Many users completed tasks on platforms like Galxe and Zealy, where they connected via social media instead of direct wallet integration. This has led to difficulties in point redemption, and we're addressing this.

• System Bugs and Exploits: We've detected several bugs and potential cheat attempts within our system, further complicating the redemption process.

• Overwhelming Support Tickets: The volume of support tickets has been significant, and while we're dedicated to assisting everyone, the sheer number has resulted in delays.

We want to assure our community that we're making headway. Currently, we're 80% through resolving these challenges. Our commitment remains unwavering, and we aim to expedite the remaining issues, ensuring that all members receive the rewards they rightfully deserve as soon as possible.

4. Chat question

1. Everyone can vote for the IDO ?

Answer: To address the query regarding voting eligibility for the public sale: While we value the opinions and input of our entire community, voting rights are exclusive. Only holders of the "NFT Sharkie" will have the privilege to cast their vote in this regard. This policy ensures that dedicated members have a direct say in key decisions.

2. I joined many free-mint events, does that count?

   Answer: Regarding participation in multiple free mint events, we appreciate your active engagement with our platform. However, it's essential to note that the free mint NFTs serve a distinct purpose. They are specifically designed for redeeming rewards offered by our partners who collaborate with us for these events. Unfortunately, possessing free mint NFTs does not grant eligibility for voting on the public sale. Only "NFT Sharkie" holders are afforded this privilege.

3. When will you guys distribute the token aidrop from Shark Point? it said that NFTFeed will need to filter again to get the active wallets from the leaderboard?

   Answer: We understand the anticipation surrounding the token airdrop from Sharkpoint. We're pleased to inform you that the distribution is imminent. Our development team is in the final stages of preparation. One crucial step remains: ensuring the integrity of our system by filtering out potential bot wallets from the leaderboard. This is to guarantee that genuine and active community members receive the rewards they deserve. Once this process is complete, we'll promptly distribute the rewards.