Recapitulation of MOTIV Protocol PROJECT AMA event held at AMA LOVERS CLUB.
Date: Sunday, 14th August, 2022
Time: 12:00 Noon UTC
The MOTIV Protocol PROJECT team was represented by @Motivjin who judiciously shared with us detailed knowledge and information about MOTIV Protocol PROJECT.
1st Segment: INTRODUCTION
✨✨QUESTION1🩸: Can you please introduce yourself and your background, also introduce the team working on MOTIV Protocol?
👉ANS: I am the COO of the MOTIV protocol project, today I will introduce our project. Before introducing the MOTIV Protocol, let me talk a little bit about our team. We are a team of 15 people with the same vision of making a meaningful impact on the educational system around the world. All our members have around 20+ years experience in education. Through several years we registered technical patents in the educational sphere.
✨✨QUESTION2🩸: Can you introduce MOTIV Protocol project, what critical problems does it solve that existing solutions are not solving and what's the competitive advantage?
👉ANS: The MOTIV Protocol is an educational and decentralized identification platform that provides educational information equally to students, parentsm, academy managers, and advertisers using blockchain technology
On the MOTIV platform, only students who are taking a course can write reviews about that academy. This means that reviews cannot be manipulated and that only credible reviews will be written. An accurate review will be of great help to students who want to take the class the next time.
There are also other advantages. Students can prove what they studied on the MOTIV platform. We are currently building a system to issue NFTs with these advantages. Students will be able to store NFTs containing the information about the classes they have taken in their wallets. NFTs will be issued by the academy, so the information will be accurate. If a student has taken a special class and needs to prove it in the future, they will be able to by showing the information contained in the NFT.
✨✨QUESTION3🩸: Can you briefly tell us some key achievement of MOTIV Protocol as a project since commencement and what is to come in the nearest future?
👉ANS: On the 28th of June, we launched the beta version of the MOTIV platform (https://xangle.io/project/MOV/insight/disclosure/62ba883c2cb1324b8ae7d566).
We are continuously developing the beta version of hakwon.com now. All of our team members are working hard on the goal of releasing the full version of the MOTIV platform in the fourth quarter of this year.
✨✨QUESTION4🩸: Can you briefly describe your PARTNERSHIPS and BACKERS so far?
👉ANS: Our Key partner is Gunwoo Edu. This company is operating online classes conducted by native English speakers with 17 local governments countrywide. With Gunwoo Edu, we plan to make our project widely serviceable across the country.
Any link to access more information about your partners?
✨✨QUESTION5🩸: Finally on this segment, Can you give an overview of the Tokenomics and Utility of MOTIV Protocol Tokens?
👉ANS: MOV is the utility token used on the MOTIV platform that can be obtained through MOTIV ecosystem activities or can be purchased from Korean or overseas digital asset exchanges.
The most important advantage is that students can pay for lectures with MOV.
Learners can also be rewarded with MOV for completing the Q&A registration or posting course reviews. When they get rewarded with MOV for activities performed on the MOTIV platform, they could use that same MOV to pay for their next lecture purchase. This is very helpful for their parents too.
2nd Segment: LIVE Questions
✨✨QUESTION1🩸: The MOTIV Token (also called MOV Token) is a utility token May I know For What Purpose Students Can Use the $MOV , Will you please List Some uses of the $MOV TOKEN ?
👉ANS: Students can receive MOV as a reward through various activities on the platform. For example, community activities, writing reviews, etc. And, as I said before, students can purchase the lessons they want to learn with MOV.
✨✨QUESTION2🩸: You have Said that PARTNERSHIP has played a CRUCIAL ROLE IN MOTIV SUCCESS.
Can You please tell me More about it and have You colloborared with VARIOUS SCHOOLS and Different Education entities ?
👉ANS: Thank you for asking! Definetely, partnerships play crucial impact on our development since more schools and educational institutions will be in our ecosystem, more adoption we will get from users. Our priority are universities/schools and any educational related institutions.
✨✨QUESTION3🩸: Students also LOVES NFTs , So Is MOTIV Platform is planning to Build a SYSTEM TO ISSUE NFTs
If Yes , Could you please tell us more about the NFT FEATURE , And What will be the Main role of NFTs ?
👉ANS: Yes, as you said, the MOTIV Protocol team is building a system for issuing NFTs.
By issuing an NFT with information pertaining to the course to the student who has paid for the course and took the course, the student can later submit verifiable information if they need proof of their education.
✨✨QUESTION4🩸: I understand that you are currently focusing on the South Korean market but I would like to know what are your plans to expand to other markets as the education sector is profitable in many other countries? Is Latin America in your expansion plans?
👉ANS: Even though project is based in South Korea, we are going to expand to the globe. Since our vision is very ambitious. Latin America will be great expansion plan to start with and we hope that it will take short time to expand other continents.
✨✨QUESTION5🩸: Make Your Life Powerful with Blockchain based Education: is the service that the MOTIV Protocol offers used in any country? And what about the permit, because every country has a different system of education?
👉ANS: It is one of our main strategies to impelement in the long-period. We do understand that some countries have different educational system and our team is closely study each country’s case to come up with best solution to offer. Also we are in close cooperation with educational local experts who can provide more insights for our strategies.
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