COMMUNITY AMA #2

Q1

Who are the people involved in the World project? What are there backgrounds and there qualities?

A1

We have 3 supporting devs, directed by our full stack lead dev. We have a creatives director who handles the branding and image. We have an innovator/concept creator who focuses on the tokenomics, and future mechanics of how the marketplace goes (such as the escrow system, the decentralization of disputes, flagging, etc). Finally, we have myself and one other who wear most hats connecting the dots in between the core team.

Q2

How we can be sure the 15m tokens will be Locked back? I know some people sold because they are afraid for not dumping on the market.

A2

As announced, we’ll be re-locking 7M tokens and keeping 8M tokens to prepare for March expenses in case development gets pushed very early, which is looking to be the case. The 15M tokens were locked manually to begin with, so they will be unlocked and re-locked manually all the same.

Q3

Will we have an NFT part on the marketplace?

A3

Yes, we’ve pivoted to support NFTs on the marketplace since the time of our presale when it was suggested quite a lot.

Q4

Could you explain a practical use-case of a merchant using World in their day-to-day business? What kind of merchants are you targeting?

A4

Any merchant worth their salt would always look for additional audiences and streams of income which don’t require new capital outlay or additional work. The World community of token holders is a new market merchants would be able to cater to, and additionally earn more tokens by earning interest off their revenue on the platform. The World marketplace allows them to earn not just from their own sales, but that of others as well.

Q5

How do you plan to differentiate yourselves from other projects with a similar concept of a digital marketplace?

A5

From what I know, we’re the only digital marketplace that uses frictionless yields to support the sales on the marketplace to incentivize merchants and users further. We have more in the pipeline to separate World from any others and they will be released when the time comes if and when they are to be released.

Q6

Are you guys still planning on having no KYC for your marketplace? I heard you say earlier that you plan on having an Only Fans type of section in your marketplace. I think it’s probably pretty important to have KYC for that section if you guys dont want your marketplace to end up being a place where people go to trade child pornography. Please let us know how you plan to regulate that. Thanks.

A6

Long term that is the goal yes, but in the short term we and the community will have to police listings to prevent fraud related and child pornography from being hosted on our platform. There’s a mechanism being designed to decentralize this aspect as well for the future.

Q7

Can you tell us more about your marketing plan? From now till marketplace launch

A7

There’s no real point in marketing further until we have a product. At the current stage, we need to focus on rolling out the marketplace to separate us from all the other projects who promises things to their communities about product/utility. What we’ve done to this point is get everyone to be aware of the project. Until the project has more to show for it, the initial marketing push has done its job already. The second push will follow after we have proof of concept and product.

Stay in the loop with World Token
Community: https://t.me/worldtokenann
Announcements Channel: https://t.me/worldtokenann
Twitter: @worldtoken_
Website: https://worldtoken.network/

Uniswap: http://tinyurl.com/UniswapWorld
Coingecko: https://www.coingecko.com/en/coins/world-token
Coin Market Cap: https://coinmarketcap.com/currencies/world-token/