We recently hosted an AMA in the Crypto Talkz community, on September 15th at 12.00 PM UTC. If you’ve missed the live session, don’t worry, this blogpost will keep you up-to-date on the sharing by our CEO, Vijay.
Without further due, let’s jump right into the AMA session!
Answer – Hey guys Vijay here from Munich, Germany. I’m the founder & CEO of bitsCrunch, a Blockchain Analytics company focusing on securing the NFT ecosystem. I’m a TEDx speaker, been recognised as one of the top 20+ inspiring Data Scientists to be followed on LinkedIn in 2020.
Answer – Like I said, bitsCrunch is a Blockchain Analytics company operating in Germany and India.
Our Vision — We foresee ourselves as the ecosystem guardians protecting the NFT world with our value added securing services.
Our Mission — To combat the malicious transactions that occur in the marketplaces and to prevent the NFT enthusiast from getting exploited with forged NFT assets while providing the Fair Price Estimation for the NFT Assets.
Project Introduction :
Answer – Our unique selling proposition that sets us apart from other projects :
Competitive Advantage over the competitors:
We blend ARTIFICIAL INTELLIGENCE with Blockchain and that’s the key difference
Answer – We are a Data Savvy team with more than 25+ years of commutative experience in Data Analytics, Machine Learning, Artificial Intelligence and Blockchain.
Myself, a masters grad from TU Munich, one of the top universities in the world right now, our cofounder holds a Masters degree from Dublin, Ireland & our CTO holds a PhD from LMU university Germany, so it’s a mix of rich academic experience & having got work experiences from big German firms like Volkswagen & Siemens helps our journey.
Answer – Yes, of course. We are. We are also working on curating an Ambassador Program (Crunchers program) to increase our brand awareness
Answer – Our immediate next priority for Q4–2021 is to accrue more customers for our Scour offering and to kick off the private investment round. As for 2022, we have big plans to bring a B2C offering and also further develop Liquify, Crunch DaVinci to make them mass market ready. $BCUT TGE will be another key event to look forward to in 2022.
Answer – Yes, we do have plans of going DAO and involve the community in every step of our journey. More details about the DAO and our decentralization model will be made available in the near future.
In the immediate future we plan to bring in community members to beta test our products and to collaborate jointly.
Decentralization is one thing we always believe in & we will empower the community to secure and safeguard such a vibrant NFT ecosystem
Answer – Our prior branding was too understated and restricted. We needed one for bold expression of who we are: The Ecosystem Guardians.
The logo is a symbolic view of a shield, which denotes our robust and intelligent (AI) solution and protection in the blockchain.
Our cross-functional team of artificial intelligence experts is building towards a better future for the NFT ecosystem. We’re eager to leverage our new identity to develop a deeper relationship with the community in the NFT and crypto space.
We are more like a NFT Police 😉
Answer – Digital forgery is a manice and bitsCruch will fight to protect the rights of the creators. We respect artistry provenance where our Crunch DaVinci will extract the key features from each asset / art on pixel by pixel basis. So that even minor manipulations on top of the original asset / art will be identified easily.
People selling copycats and forgeries should be given a whack by our AI watchdog 😅
Answer — Liquify provides an estimated price of an NFT and for this estimation we take into consideration several key aspects starting from past sale history up to social media influence and arrive at Fair Price estimation. It is still in the hands of the NFT creator to finalize the list price for the NFT.
We will be giving them a tramline on what’s the fair price of the NFT an artist mints.
Answer – As mentioned in one of the previous answers, Crunch DaVinci extracts key features from each asset / art on pixel by pixel basis and does vanity checks before minting a new NFT. This vanity check is to make sure whether the NFT that is about to be minted has any similarities with any of the NFT’s that have been minted across any marketplaces and blockchains.
Crunch DaVinci provides security to the artist / creator’s works and helps it from being stolen. It will also help collectors to buy original art work and not fall for duplicates.
bitsCrunch — For the Community 😅💪🏽 and by the Community (in the near future)
Answer – We haven’t launched our tokens yet. It will be launched early next year.
Thanks for your interest in bitsCrunch & our BCUT tokens. Stay tuned
Answer – The key difference between them and us is the products built using ARTIFICIAL INTELLIGENCE & MACHINE LEARNING.
We are not just another Blockchain Analytics Company. We are product focused.
Answer – We are already generating revenue, which is already a good sign. Not a lot of crypto firms generate revenue at the moment.
Answer – We are in touch with big marketplaces like Rarible to plug those holes in the ecosystem
Answer – Anyone can apply to that program. It’s open to everyone
You should have the same goals as us, in securing the NFT ecosystem
Answer – Yes of course. A lot has changed over the past months.
The seed round and the upcoming private round are gonna be the feathers in our cap 🙂
Answer – We will move towards other chains like BSC Solana and other chains
That’s in the roadmap.
Answer – Ours is a SAAS model. Pick services and pay for it monthly.
Stake our tokens once it’s launched. Right now we are charging in USDT / USDC
Answer – Yes, that’s the reason why we are open pretty early than other projects which usually opens up after Private rounds
We are keen on getting inputs and feedback from the community.
We are building products for the community 🥳🙌🏽🙌🏽🙌🏽
Answer – We are a very early stage startup & the support that we have got so far is massive. We are thankful to each and everyone who is rooting for us to come good.
We have just started. Still a longgggg way to go.
Will justify the tag of NFT ECOSYSTEM GUARDIANS soon 🚀🚀🚀
Thank you everyone
bitsCrunch is the Guardian of the NFT ecosystem. We are one of the top 4 AI companies in Munich, Germany that excels in Blockchain technology. We believe that blending a proven technology like Artificial Intelligence with Blockchain technology can do wonders and make the ecosystem much more safer and reliable ! Our mission is to create impactful insights from intricate data sources, by harnessing predictive analytical systems which are empowering organizations with actionable intelligence.