AMA Summary with Scotty Beam

Synapse Network
7 min readNov 5, 2021

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Question 1

Your team have created dapp and you called it “Worlds First Cross-Chain NFT Teleport”. Please explain for our community, what exactly is NFT teleport, and how you want to combine cross-chain with that?

Answer

Scotty Beam

Essentially Teleporter is a tool that enables cross-chain NFT movement. Right now users find it difficult to move NFTs across different chains, which stifles the growth and trading opportunities available for the community. Users will be able to ‘beam’ their NFTs to any blockchain, including ETH, BSC, Polygon, Solana, DOT, FLOW, etc.

Scotty Beam gives users the opportunity to create, trade and conveniently exchange NFTs on any chain, both quickly and easily. We allow access to all marketplaces, give users a chance to have a freedom that current systems do not offer

Basically yesterday we teleported first ever NFT from ETH to BSC

It was a pretty famous Mutant Ape.

Question 2

As I see on your website, you want to run your own P2P exchange, that’s for sure is a big thing, can you say something more about it, it will be only exchange or something more?

Answer
Scotty Beam

Yeah, I believe that collectible stories, like stamps, coins and of course NFTs are built on mutual exchange and it’s important to give collectors a simple way to exchange

Scotty Beam facilitates peer-to-peer NFT exchange through a simple, mutual exchange. We want individuals to trade and collect just as easily as businesses can. Besides that, the cross-chain NFT gallery feature will give users the opportunity to explore their NFT collection ON ALL CHAINS, share it with their friends, and get a value estimation on their collection.

By facilitating (P2P) exchange of non-fungible tokens across multiple blockchains, the ScottyBeam dApp enables collectors and investors to reach and participate in expanded markets offering greater demand, trading volumes and liquidity.

We really wanna make cross-chain fun and simple for both users and platforms using our tech.

I will just say that creation and sale of your NFT collection never were so easy and automated

Question 3

Can you please tell us more about #ScottyBeam features? What’s your idea to reward your community, what are the benefits of using your products and what are your token use-cases?

Answer

Scotty Beam

There’s a lot to cover, but let’s run through the main features.

Cross-chain Teleport that will move NFT items in a fully automated fashion between blockchains without the need to confirm actions.

Batch-teleport that will send multiple NFT tokens per transaction.

Cross-chain P2P exchange already mentioned

NFT origin validation ensures the veracity of token content and transactions by issuing certificates of authenticity. NFT Validator also verifies NFTS origin and value, and shows transaction history.

Ability to create NFTs automatically on any chain you want and then sell it on any marketplace you want

BEAM tokens and our NFT collection allow you to reduce fees associated with NFT teleporting, peer-to-peer exchanging and trading, and NFT validation.

Also despite we’re more NFT-focused project, we have a great staking options, granting:

- fixed APY staking

- NFT mining

- bonuses from the partners

- additional tickets to our great sale of NFT collection with utility value and discounts!

We feel ScottyBeam as the complex cross-chain tool for both users and projects, allowing to simplify and automate the cross-chain issues in NFT industry. Cross-chain NFT creation, teleportation, exchange, trading, Metaverses connection — that’s what we do here.

Ooh, we have a surprise partnership opportunity for artists. We didn’t never announce it yet, and hope it would be really big

Please follow our media to not miss it:

Telegram Chat https://t.me/scottybeamchat
Telegram ANN https://t.me/ScottyBeamIO
Twitter https://twitter.com/ScottyBeamIO
Medium https://scottybeam.medium.com/
Website http://scottybeam.io/

Question 4

Tell something about your marketing strategy for next years, and explain please, what are you thinking about Metaverse? How do you want to use this fresh trend in #ScottyBeam?

Answer

Scotty Beam

Just a little secret, we’re working with the marketing team behind the Star Atlas

In terms of a Metaverses, our ambition is to set the standard for NFT teleportation and be the factual trailblazers in this industry and become a biggest Metaverse Connector

The plan is to keep up the pace and produce more engaging content of various forms and formats. We also understand that to stand out in the Metaverse you have to possess a unique voice and present value to people, so we will continue to try our best there.

Finally, we’re not afraid to mix our interaction with supporters, we’re always down to have fun and already have 30+ partners to use our project. At the end of the day, what’s the point of everything, if the journey to the final destination is miserable?

We’re one of the crazy guys who develop first and fundraise second. Basically, we’ll reveal a working NFT teleport right after the TGE

Question 5

How would you rate your experience in crypto? Can you say something about your team, skills, our community will be glad to know more about you guys!

Answer

Scotty Beam

Oh, it’s simple

I’ve dedicated more than 6 years to crypto and blockchain analysis.

Scotty Beam’s team consists of a dozen technical engineers, led by CTO Alex. He is a software architect with a 12 year tenure, and has 3 years of on-field experience in blockchain security and decentralized technologies.

We have 10+ professionals in software development, blockchain, cybersecurity, design, communications and more. For the last 4 years we helped a lot of projects like crypto wallets, custom blockchains, airdrop platforms, crowdfunding services and others to create the core functionality of their products.

6 months ago we decided to create our own project bringing real value to the blockchain community and bringing cross-chain ideas to the NFT world!

First months no one understood the idea and why cross-chain and Metaverses matters for the NFTs. But right now time had come and our ideas were appreciated

Winners questions:

Question 1

Mirabel Ngoc

Almost 80% of investors have just focused on the price of a token in the short term instead of understanding the real value of the project. Can you tell us the motivations and benefits for investors to hold your token in the long term?

Answer

Scotty Beam

Let me share a little bit about issues and our revenue model

We’re a white-label solution with a fee-based revenue model, so we’re benefiting from usage of our cross-chain technologies not only from our website, but also from all of our partners’ integrations.

After that we spend 90% of these fees to buy back and burn our tokens from the market, so it’s a deflationary tokenomics model proven by BNB, ETH and a lot more

Question 2

Nikko

With a very crowded NFT space, how do you plan to keep the community active and engaged for the long run? Can you also share in which platforms will this be available? Windows, mac, android, ios?

Answer

Scotty Beam

Good one!

I see 2 motivation parts here — fun and money.

We’ve created this cynical astro hamster for you guys and all the staff prepared for ScottyBeam is in a same fun style, making it cool and easy.

In terms of benefits — despite we’re more NFT-focused project, we have a great staking options, granting:

fixed APY staking
NFT mining

Bonuses from the partners (we have more than 30 now and we didn’t even launch!) Additional tickets to our great sale of NFT collection with utility value and discounts!

That’s the deal😉

P.S. Available platforms — all of them

Question 3

Ngocanh

Only getting users, holders etc is not everything. In my opinion, a project needs to deal with solving a real world issue or problem. What is the problem that your project primarily focuses on?

Answer

Scotty Beam

First and foremost Scotty Beam tackles the lack of interoperability. It is difficult and in some cases impossible for users to move assets across different blockchains.

Right now users find it difficult to maneuver NFTs, which greatly limits the growth and trading opportunities available for buyers, sellers, owners and creators. All the parties involved should also be somewhat informed about the intricacies of blockchains to keep their options open.

There’s also a problem with verifying NFTs to prove their authenticity and true value. Countless scams diminish faith in the future of NFT, and this issue is addressed by the creation of NFT Validator.

We’re here to help the industry and spread mass adoption of NFTs!

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.

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Synapse Network
Synapse Network

Written by Synapse Network

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