April 20-th held an Ask Me Anything session at ICOSpeaks telegram chat. From the Few and Far side there was:
Before we go to the first set of questions, could you please do a short self-intro?
👨💻 Heyw00d | Co-Founder| @c_heyw00d|
I’ve been in crypto since 2016. After selling a successful marketing tech business. I built a successful video blockchain business and been building and investing in many projects across ethereum cosmos solana etc
We have been building on NEAR for past 5 months and having a blast with the community
👨💻 DrifTTer |Co-Founder |@drifTTer_near
My name is DrifTTer, i’ve been designing & developing consumer web apps for the past decade. In 2020 when the summer of DeFi hit, I launched a very successful play-to-earn dApp on Algorand. Since have been buildling on the likes of Polygon, Ethereum, and most recently Solana – then saw a huge opportunity to build on NEAR protocol and @c_heyw00d and I decided to launch FnF 🙂
Let’s get started!
Q: Tell us about your background and why you decided to launch Few and Far on NEAR Protocol?
A: Sure. Since coming into near we love the advanced blockchain capabilities. It’s sharding WASM tech allows scalability and efficiency (low gas fees). The foundation have been very supportive and but their full support behind Few and FR. And the community has been amazing. All devs and VCs are very bullish on NEAR. We see a bright future
I think we already covered a lot about our backgrounds, but the reason we decided to launch Few and Far on NEAR Protocol was pretty straightforward…
-We are seeing HUGE growth in NEAR’s blockchain
-The NFT marketplace landscape on NEAR is very unsaturated – paras.id is the only game in town 🙂
-With our experienc in BOTH DeFi and NFTs we wanted to develop the first ever product which combined the two features on NEAR
-We are very bullish on $NEAR token and $FAR (our platform native token)
-Community + NEAR Foundation has been amazing!
Q: What differentiates Few and Far from other marketplaces?
A: I’ll share some graphics to show off our new product launching next month… but really it’s about community-first. We reward users in both $NEAR and $FAR token for trading NFTs. We also have claimable airdrops for our Early Community which will be going live next month.
Our farms are going to have amazing APR on day-1.Top VCs seeing our demo say “it’s the best UI UX experience they have seen across any chain ….. Just sayin. Games are big for us. We wi have hundreds of web 3 games also within the gamestore
It’s a true community owned platform but with sustainability built in at it’s heart.We’ve got an amazing community on Twitter & Discord where we offer invites to our airdrops, share product demos, and more, check it out!
Q: What makes NEAR blockchain unique?
A: We have seen first gen blockchains like Bitcoin and it’s folks like Litecoin. Then Ethereum etc. We are now onto third gen chains. Such as NEAR Solana and polkadot
NEAR is what ETH 2.0 wants to be. Sharding and WASM technology. And it’s working well.
Solana has some architectural floors and we continue to see issues as a result Le last weekend the Blockchain not syncing. We have been super impressed with near tech and loving building on it.
It is still early but we see near where Solana was last April.
Q: What are some upcoming features we should be on the look out for?
A: The most exciting feature we’ll be launching in addition to our marketplace is our Rewards. This will include both staking and farming for users to earn rewards while they trade NFTs 🚀
Think of us like Magic Eden experience – with a token and staking rewards – built on The fastest growing chain out there
Earn NEAR + far tokens for staking FAR 😎🚀
Trade NFTs. Launch your own collection easily
Win NFTs and whitelist spots from top projects by staking
We are the first NFT platform to also enable bridging. So connect your metamask and bridge from ethereum to NeaR.
Where we have hundreds of new web 3 games incoming
Also have dark mode and mobile apps coming in later versions
We are looking for mid May for mvp launch.
Our smart contracts will be audited from next week
We are so excited
Q: What are the tokenomics behind FAR?
A: Checkout here: https://t.me/icospeaks/1099447
We will be doing a Public sale in a few weeks using a streaming auction
We have a big rewards for the community
If you buy and stake far you earn near from platform earnings
You can also farm FAR and lock your tokens for 7 days or 180 days for super attractive rewards
There is also a FAR tax dynamic. Where 0.1% of all transactions are used to
– burn 1/3
– supply farms 1/3
– operate the platform ⅓
So FAR is deflationary 🚀🚀
Q: Any upcoming launches the community should be aware of?
A: Oh yes we have a lot in store for our community
You can join our discord. We will soon be doing another airdrop for FAR
We will be announcing our pre sale on SKYWARD very soon. So get in early not to miss out.
We are also planning our FAR Founder member NFT collection. This awards special powers on the platform and chances to vote and win Valuable NFTs from future collections
Q: How old is Your project? What are the major plans ahead? Could you show to us image of your roadmap?
A: Roadmap is on our white paper. We are 4 months old as a project
Q: IS This Your project only for elite investors, how about others with small funds, is it open to everyone?
A: We have some awesome investors. Soon to be announced
But it is open to anyone with our community sale and very generous reward program
Q:Do you allow suggestions and feedback from the community? Are we allowed in decision making, do you put community into consideration ?
A: Unlike some other platforms yes we are taking on lots of community and artist feedback. We want to have a dao manage this
Q: Security audits are extremely important for any project, especially DeFi protocols that deal with user funds. So, can you explain if your project has been audited to convey confidence and security to the crypto community that is interested in investing in your project?
A: Very true. We are working with Halborn the best reputation in the industry for auditing all our contracts. Also we have a member of their team on our advisory board
Q: What is your strongest advantage that you think will make your team leading the market?
A: Best in class branding and design will make us win. Plus having an amazing community and best NFT projects on our launchpad
Q: How many team members do you have? Do they have enough experience in the blockchain field? Do they have any experience on working in crypto and non-crypto project?
A: We have 15 team members on the project. All with a wealth of blockchain experience. Working on projects since 2016. That valuable experience is being put to good use. We are not née to crypto for sure and building one of the biggest web 3 applications out there. We have huge dreams
Q: Do the token holders have the right to participate in the governance of the project? What kind of decisions can they vote on about the project?
A: Not the far token. That is utility. The NFT far founders will have voting powers on which projects get listed first, roadmap features rewards etc
Q: Partnership is always an important factor for every project. So who is your partner? What are the benefits you get from those relatiionships?
A: Yes. We have partnership with near foundation to bring In Top projects and align objectives.
We also have strategic backers from top tier 1 exchanges (yet to be announced) who support us with marketing
ICOSpeaks hosted an ASK me anything with Few and Far Team. That’s all for today.
Thanks to all users who participated.
Thanks, Few and Far for being with us
Thanks, all and see you soon😉