Recapitulation of Colexion PROJECT AMA event held at AMA LOVERS CLUB.
Venue: https://t.me/amaloversclub
Date: Saturday, 11th December, 2021
Time: 12:00 UTC
The Colexion PROJECT team was represented by @AbhayAgg who judiciously shared with us detailed knowledge and information about Colexion PROJECT.
1st Segment: INTRODUCTION
Q1: Can you please introduce yourself and your background, also introduce the team working on Colexion?
ANS: We are a team of dynamic individuals where I am the founder, Abhay Aggarwal. My entrepreneur skills have helped the project and I have been heading in the right direction. With a keen interest in technology and years of experience. The most remarkable aspect of my leadership is that I set the vision and continually inspires the team to work together to achieve it.
Bibin Babu, co-founder of Colexion and a huge Maxwell fan, is a visionary, who strives to meet the long-term strategic goals and empowers the team to work towards the firm’s shared vision. He's one of the first in line to buy exclusive Glen Maxwell NFTs on Colexion that will be dropping on 12th dec
12.12.21 am UTC
Our CTO, Mo Akram, is a Blockchain and Crypto Genius. He has continuously embraced and promoted new technologies. Since 2016, he has been actively working on blockchain technology. He believes that blockchain is the future.
As a former Google and Microsoft employee, our Head of Design has extensive experience in software design, product design, brand design, and environmental design. Passionate about new technologies, he interprets emerging business and social trends to deliver what is next.
In terms of brand voice & purpose, Colexion's CMO does not believe in adding more tools to already complex market stacks. He believes strategy must be simplified, streamlined, and aligned in order to achieve desired results. He is an expert in developing strategic insights, creative vision and a genuine sense of connection
Besides this we have a team of 70+ inhouse people and multiple agencies supporting us to give the best output at all fronts.
Q2: Can you introduce Colexion, what critical problems does it solve that existing solutions are not solving and what's the competitive advantage?
ANS: Colexion is Asia’s biggest marketplace for premium NFTs.
I am assuming that I dont need to give the explanation of what NFTs are here to your esteemed audience. Thus skipping that part.
NFTs are the future, they are unlocking new industries, new jobs, new investments and new ways of existing in the world. We have built a marketplace that enables users to store, create, buy, sell and trade non-fungible tokens (NFTs). Colexion is creating exclusive NFTs of International Cricketers and Celebrities. Soon will be out with Art and Lifestyle ones too!
Whether you are a digital artist, a collector, or a buyer, Colexion has something for you. These NFTs will revolutionize digital art. We look forward to seeing digital art collecting take off. The world is entering an era of digital revolution, and we are leading the way.
We are focusing entirely on UI UX.
The better the interaction and ease for a user the most competitive advantage you will get
Obviously, there are several NFT marketplaces around the globe; what makes us different is that we offer a variety of services. Our main focus is to employ NFT to its absolute potential and curate a user friendly interface. We have celebrity collaborations, trump cards, collectibles, digital arts, digital museums, and much more. We are a bigger metaverse. We are making an amazon of NFT.
We are covering an entire lifecycle of NFTs. We offer many features on colexion than you can find in any other platform. Colexion is more than just a platform for NFT; it's a platform for creative development. So we are not only different; we are better than other existing NFT marketplaces.
Q3: Can you briefly describe the top milestones you have achieved and your target milestones with timelines, also share your roadmap?
ANS: Sure thing, Would love to,
Firstly, History is being made on 12.12.21 that is tomorrow, we are releasing exclusive trump cards for all 30 celebrities that are a part of Colexion’s marketplace. Priced at $30 for one combo pack.
These trump cards additionally contain photos, and models in 3D and 2D formats.
Although profit is an important achievement of business success, we at Colexion believe in curating innovative technologies and making them accessible. Our goal in creating Colexion was to incorporate technology advancements and make sure that we move forward in the digital era. If we have to list our achievements, on top of my mind would be, having POLYGON as our lead investor. It eliminates the downsides of Blockchain technology, such as high gas fees and dismal speeds, as well as maintaining security.
Our concept of creating a virtual NFT museum is one of a kind. People will have access to witness the NFTs of legendary celebrities virtually. It'll be a metaverse for all those dedicated fans. Last week, we closed the seed round because it was fully subscribed, which is a great feeling!
We have something in store for game enthusiasts too. There are several NFT games which will be linked to the NFTs that users will purchase. Colexion is introducing a play-to-earn game model, for the first time in India. Gaming and NFTs have joined hands together, which is going to be the biggest industry together. Our aim is to revolutionize the gaming industry.
And on 12th december 2021, Colexion is going to make history in the NFT space. For the first time ever, a masterstroke, which has not been achieved by any NFT platform, We are dropping exclusive NFTs of 30 International cricketers and celebs on our platform, Colexion.
Q4: Can you briefly describe your PARTNERSHIPS so far?
ANS: Sure, So we have collaborated with ArcadeNetwork
Then Polygon Studios, ZBS Capital, Hyperedge Capital, Easyfi project and a couple more have invested in us
We are still in discussions with some major Tier A exchanges. Just started with the discussions last week and we are constantly guided by our strategic investors thus more partnerships coming out soon.
Q5: Finally on this segment, Can you give an overview of the Tokenomics and Utility of $CLXN tokens?
ANS: Allocation is as follow:
Liquidity and Mining - 20%
Ops & Marketing - 20%
Treasury - 15%
Team - 14%
Partner - 5%
Reserve - 7%
Advisors - 3%
And the remaining community
The utility of the token is that it will be used to access perosnalised NFT musuems that we are building for all the legends.
NFT purchases.
NFT gaming
And much more will involve the CLXN tokens in it.
https://t.me/amaloversclub/406678
2nd Segment: LIVE Questions
Q1: While going through your site, I saw game as one of the options in you menu icon. This, combined with your NFT market will increase the utility of your token a lot. Can you tell us the kind of game it will be.
How can we play it when it launches?
https://twitter.com/Nnadikingsley10/status/1469599428357066754?t=sBmXoupMcSnxsuMQ4KOgAA&s=19
ANS: Yes, So we will be launching with our NFT trump cards game first.
NFT trump card games will be played using the Trump Cards that will be dropped tomorrow on 12th December midnight UTC.
Besides this we are going to launch the NFT virtual cricket league and many more exciting play to earn NFT games.
Q2: 🙋🙋🙋
I could see lot of cricket players posted about colexion in twitter.. What is the reason for that? We know that is not easy ? What is the secret of success ?
https://twitter.com/lupu_anhtar/status/1469646574816952322?s=21
ANS: So all the people you see on our website are Exclusively signed with us.
We have 60+ international Tier A sportsmen and celebs.
They all found the NFTs to be something they wanted explore as it opens a new way for interacting with their fans. We are just a catalyst for this for them.
Q3: Hi 🌸
While checking the website of Colexion I noticed that celebrities are mostly from India.
So do you have plans of bringing other Asian Countries Celebrities too?
https://twitter.com/Manishax7/status/1469641092370817028?t=9qSF04_fnDBRRdq7-3Jayg&s=19
ANS: Yes. The celebs for now are mostly Indians. But they are like the tomcruise of Hollywood. So we have picked the best of best and indian crypto and NFT market is booming. This is a public fact. We will be onboarding bigger celebs from multiple other nations too.
Q4: I see that the Premium Trump Card combo packs are been dropped tommorow so what are the requirements to get them and will they be available for everyone ?
https://twitter.com/Ratash3/status/1469644785497645065?s=20
ANS: It is open to all.
There is a limit to how many a single person/wallet can purchase.
They are dropping on 12th december at midnight UTC. There is no requirement. Just a working internet and wallet to purchase.
BTW, we even have options to purchase via Fiat money. So it is truely open to all
I just saw a message about audit
Lost it.
So we are audited by Hacken and have been fully secured as per them.
Hacken is the best one in the game. So all secured
Q5: Is Colexion suitable for every kinds of users? Who are the potential customers? Are you mainly focusing on big investors or small investors?
https://twitter.com/kuzegorka/status/1469636841011924997
ANS: Focusing on all demographics. The relation between a fan and their star has no limitations.
We are open to all. And regarding investments, we will be having a public sale too so that small investors can be a part of our journey.
Follow Us On Our Various Social Media Communities For More Update👇👇👇
COLEXION (Authenticated Celebrity NFT platform, personalised virtual museum, play to earn games, virtual tournaments and metaverse)
SEED is filled with Brevan Howard, Hyperedge Capital, and Polygon as lead investors.
Colexion licensed celebrity NFT platform which shall be affordable for the masses to own a piece of their favourite superstars from major Indian movie stars, international cricketers and other sports stars where each NFT will be unique. We will use personalised celebrity content using their voice with the NFT specially curated by the best digital artists under the Colexion umbrella. Colexion is not only about NFT’s but an experience of NFT’s for users by launching a virtual museum of legendary celebrity depicting their life journey in the Colexion virtual museum which is part of Colexion metaverse which will in the future involve breathtaking tournaments, concerts and more expansion in the metaverse which shall be unique with a diverse community working together to achieve a common goal. A metaverse that will still be growing, evolving, and actively played in 100 years. To achieve this, development and management of Colexion will be decentralized, with governance decisions and participation by using the Colexion tokens which is CLXN.
Colexion have acquired exclusive rights of more than 40 international cricketers from around the world, 10 bollywood, tollywood and TV stars, various sporting leagues of India and other legendary athletes from India with their exclusive NFT rights, fan tokens, gaming rights and brand endorsements with a combined social media following of over 200 million fans.
Colexion will work to get more exclusive licences from celebrities around the world to keep on adding value to its metaverse and virtual games.
Celebrities being part of the revenue will actively support the ecosystem and help keep on building a strong community among their fans.
Colexion Galaxy sits at the intersection of NFT gaming, virtual museums and the metaverse. Colexion can be understood using four words, creators collectors, celebrity and community.
Website : www.colexion.io
Our Social media links:
Twitter: https://twitter.com/colexionnft
Medium: https://medium.com/@colexion_nft
Telegram: https://t.me/ColexionOfficial
Facebook: https://www.facebook.com/ColexionNFTs
LinkedIn: https://www.linkedin.com/company/colexion
Instagram: https://www.instagram.com/colexion.nft/
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