Acknoledger AMA Sumary
My Dears, would you like to say hello and introduce yourself and give a brief intro about the Project?
My name is Yash Dahenkar. I am the Co-founder and Chief Executing Officer of AcknoLedger. I have been in Crypto Space since 2016. Before starting AcknoLedger, I started a company called Bitgenie which focuses on emerging technologies like Blockchain and Artificial Intelligence.
At Bitgenie, I created a really interesting product called “Bitgenie Research” where we mapped and indexed more than 250K+ market research reports over the internet. Bitgenie Research is actually seeded to AcknoLedger’s idea. I also like to educate people on Blockchain and Crypto and to date, I have taught more than 4000+ professionals and students across the Globe.
I’m also Advisor to Saycheese.life, Harmony Launcher, FanAnywhere, Deliq Finance, and FantomPad
My name is Kuntal Ganguly — Co-Founder and Chief Strategy Officer of AcknoLedger. I manages strategy and operations of of Japanese firms in India. I also support a silicon valley based VC funds for same. Have half a decade experience in Information technology sector and work for major OEM gaints. I have been in Crypto Space since 2016 and personally invested in more than 30+ Crypto projects as an Angel Investor. I have an amazing understanding of how the crypto space works and how to make a project successful.
AcknoLedger is a global platform that maps, monetize, and distributes Web 3.0 digital assets seamlessly across all the metaverses and gaming NFTs. We envision it to be the nervous system of Web 3.0 digital assets. AcknoLedger works on the M2D model that consists of Mapping, Monetizing, and Distribution. In Phase 1 of our product, we will map and index all the NFTs across all the infrastructure projects. Once our indexing of NFTs is complete, we will deploy a plagiarism engine on top of those NFTs.
Brief intro about the 3 foundational pillars of AcknoLedger:
Mapping assets: Indexing all the NFTs across all the gaming, metaverses, NFT marketplaces, so that NFT collectors can leverage the insights for an informed decision making.
Monetizing: Helping existing Web 2.0 and Web 3.0 content platforms to monetize their content as NFTs through our APIs and channels.
Distribution: Marketing and distributing the content across multiple metaverses by tracking-mapping interoperability and exploring trading opportunities for institutional and retail investors.
Yes so this is about AcknoLedger. We envision to be Google and Amazon for WEB3.0 digital space.
For more information kindly take some time and join our socials:
● Official Telegram group: https://t.me/acknoledgercommunity
● Twitter: https://twitter.com/acknoledger
● Discord: https://discord.gg/uVztY2tg
● Project Website link: https://acknoledger.com/
● Linkedin: https://www.linkedin.com/company/acknoledger/
● Facebook: https://www.facebook.com/acknoledger/
● Medium: https://acknoledger.medium.com/
Can you introduce the team behind AcknoLedger? We would like to know more about the brains behind this project.
I have already introduced myself and @KT1988 introduced himself. We have the third co-founder Abhishek.
Abhishek Singh Rajpurohit, Co-founder and CMO of AcknoLedger. He runs a digital marketing agency and has decades of experience in building and scaling brands & has worked with multiple fortune 500 companies. He knows how to scale the project and take it at the next level. He has an amazing understanding of Digital Marketing and PR.
All the core team of AcknoLedger are serial entrepreneurs and hustler and we know how to get things done and make it successful. Our extended team involves a set of truly committed and passionate developers, marketers & UI/UX developers and content creators who are working day and night to make this project a big success. All the co-founders of AcknoLedger have been working across various industries and in the Crypto Space since 2016.
Is UCNS like a Universal Unique identifier of NFTs? Because that’s extremely innovative! What are the challenges you see in implementing this? Or do you find this extremely welcomed?
UCNS (Universal Content Numbering Scheme) can be considered as world’s first Decentralized Domain Name Server(DDNS). Deploying UCNS will be challenging as every project follows a different format when they created their NFTs. There is no Universal Guideline for NFTs in Metaverses. Every Blockchain has its own set of rules. In phase 1, we will be focusing on indexing and mapping NFTs across all the Blockchain Infrastructures. Once we have all the data, we will release the NFT Interoperability Guidelines for Metaverses. If projects follow these guidelines, their NFTs will be interoperable across all the Metaverses.
Isn’t it cool?
We might launch our own Blockchain in the future for easy Execution of UCNS as we move ahead as interoperability will become very easy after that. We are getting some resistance from projects but we are good at convincing.
Can you explain the monetization portion more in detail? How can people monetize their experience?
As explained, AcknoLedger works in M2D model that includes Mapping, Monetizing, and Distribution. Our Monetizing Layer focuses on integrating DeFi with NFT. We will enabling with NFT lending-borrowing and fractional NFTs with our DeFi NFT partnership. We will help our Ecosystem Partner to increase their revenue. We will redirect the web traffic from our platform towards Metaverse and Gaming NFT platforms helping them increase their userbase and revenue. There are others ways where we will help companies in Monetization.
We have already partnered with 90+ companies and 100+ are in pipeline. Users will have the choice to share their Digital Footprint data with the Metaverses and Gaming NFTs platforms. They will get paid $ACK if they share their data.
Let’s say I have my own GameFi project. How does #Acknoledger optimize my NFT sales or monetization than me doing alone? Is there a process to ur model?
Once you become part of our Ecosystem, we will index and map all the NFTs of that Metaverse or GameFi project. All their NFTs will become part of our Metaverse and we will bring traffic on their platform. We will help them understand their NFTs better and give them analysis + performance analysis. There are a lot of other interesting things that we will discuss. One of them is our NFT search engine
I would also like to ask you about ACKs Genesis NFTs. Can you elaborate for our community on what it is and how it works?
AcknoLedger Genesis NFTs will be the first of their kind Multi Metaverse Interoperable NFTs. These NFTs will get first priority for enabling interoperability between metaverses. As AcknoLedger is building the Nervous System for Web 3.0 Digital Assets, AcknoLedger Genesis NFTs will have early movers advantage. Yeah so a glimpse and it will be having solid NFT ECONOMICS around to raise the floor. We call it generational NFTs
What is it about the Generations of NFTs? Can you please clear some air around this?
Its the most interesting part . Why ownership of Gen1 NFTs are important. I will explain:
There will be 3 Generations of AcknoLedger Genesis NFTs
AcknoLedger Genesis NFTs — Gen 1:
There will be a total 10,000 NFTs in the first generation of AcknoLedger Genesis NFTs.
AcknoLedger Genesis NFTs — Gen 2
There will be maximum 5,000 NFTs in the second generation of AcknoLedger Genesis NFT Collection.
In order to mint Generation 2 NFT, you need to burn two Generation 1 NFTs.
AcknoLedger Genesis NFTs — Gen 3:
There will be maximum 3,333 NFTs in the third generation of AcknoLedger Genesis NFT Collection.
In order to mint Generation 3 NFT, you need to burn one Generation 1 NFT and one Generation 2 NFT. bThe benefits to the users will vary according to the superiority index of the NFTs. Superiority Index- Gen 3 > Gen 2 > Gen 1
So its like buring is only mechanism to create Gen2 and Gen3 NFTs. That said. Certainly a golden hands for Gen1.
What are the utilities of these NFTs? Are they meant to be held as simple collectibles or will they have additional benefits?
AcknoLedger Genesis NFT Utilities
Users will be able to lend/borrow Digital Assets by staking ACK NFTs
ACK NFTs will unlock special features in the Metaverses and Games.
All the ACK NFT holders will be eligible to receive future airdrops and it will be based on the superiority of the ACK NFTs under the Metaverse collaboration campaign.
As more Metaverses become part of the ACK Ecosystem, the utility of the ACK NFTs will increase with special use cases
Owning ACK Genesis NFTs will give you early movers advantage and arbitrage opportunities while trading NFTs across Metaverses
ACK’s Genesis NFTs will get the first priority for Interoperability across the majority of Metaverses
When will your tokens be listed on the exchange and which exchanges do you plan to list on in the future?
Our token is listed on Pancakeswap and MEXC.
We will announce any future listings
According to the project’s roadmap- what are your most important next priorities?
According to Roadmap our major priority is to successfully launch Genesis NFT and deploy the same on phase 1 platform known as Andromeda Phase
Token burn and buyback program play an important role in increasing token value. Do you have a token burn or buyback program plan to attract investors?
We will certainly consider the burn mechanism once our platform goes live. Once the revenues start generating we might consider a burning mechanism but yes no official announcements.
About Synapse Network
Synapse Network is developing a cross-chain investment and start-up acceleration ecosystem based on blockchain technology to give everybody an equal chance to contribute to great upcoming projects and to do so early on. We are bridging the gap between the traditional & crypto market. The idea of the Synapse Network technology goes beyond the standard offer of launchpads available on the market, becoming a true technological brand providing tech solutions.