Parami Office Hour | March. 24

What new questions have been asked during the office hour of the new week?

We collect some questions as below, if you didn’t participate this time, still can review this for your convenience.

Q1: If I have a large community channel with a large number of members, will the benefits be received through clicks or viewing ads? Visualize as long-term benefits

A1: Yes it will be. This is exactly how the users can get reward.

Q2: I can imagine that every individual can become a multi-channel advertiser. User-centric?

A2: Actually watching ads for rewards is not our core focus. Our mechanism focuses on having the users to watch what they’re interested in. When they watch what meets their interest, they will get the most amount of reward.

It’s all about rewarding those who best express their reference.

Q3: Oh ! So will appear interest ads on the access data. Like facebook appearing in the content users often view ?

A3: Yes we are building the protocol layer for web3. With Parami Protocol, you will be able to get access to what you like on any platforms. Facebook, twitter, telegram you name it.

Q4: Is it possible for Parami to have its own Blockchain and web browser in the future?

A4: We do have this. Parami is built on Substrate. So when it goes to main net stage, everything will happen on Parami Substrate.

And we can have many interactions with any ecosystem built on Substrate. For example, Polkadot.

Q5: I have a question because we already claimed the airdrop but it’s on testchain so I wanna ask when will the mainnet launch?

A5: If there is no bug then it will be the mainnet, if there is, we may restart the testnet and keep all the user data safe during this process.

Q6: Will you guys follow the mentioned roadmap that everything will be completed in March like TGE vs IEO ?

A6: We are ready chain-wise. But we do want more feedback from the community to improve the front end work, meanwhile working with more projects.

Q7: As far as I can see, blockchain advertising service on web3 is the pioneer? Things are always difficult for the pioneers in the construction process, and it will be easy for another platform to copy

A7: Yes true, we’d always love to be pioneering. Anyone can be the second person to invent BTC after it shows its value, but it doesn’t make much sense right 😃

The other thing is if we have abundant data for the aggregated DID, the migration cost is pretty high.

Q8: When can we expect the AD3 token be launched?

A8: Expect it in 3 months

Q9: I believe the bear market has passed, and the web3 trend has begun and the market rallied strongly with many big investors in web3 every day. Good time to TGE

A9: Yes it’s like the meta year for Web3. We wanted to bring the hype to the next level. That’s why we will be minting NFTs (as voucher for airdrop, as a part of Web3 identity, and as an expandable Loot-type of NFT that could benefit holders in long run), and have more collaborations with others.

Q10: For example, if an individual or project wants to use advertising services on web3 through parami, it can only do it on the parami chain, or it will still be able to do it on the ẸTH chain.

A10: Good question! If you only want to have an AD slot you can only use ETH, but if you need precise ad management, you will have to use our mainnet.

Q11: So can I place ads at any cost? If it’s a reasonable cost, will the KOLs do it?

Oh ! If anyone now has a large community channel, they will have a lot of great interests in the parami ecosystem? A large community means a great success for the parami project

A11: You can be KOL yourself. Let’s say for example, you have 1000 contact in total in your different social media accounts. They follow you or stay contact with you for some reason, if they have high relevance to what you share, they can all benefit from your promotion.

If 500 of them are NFT fans, NFT project advertisements will find you valuable if they have budget for that size of promotion.

Yes they will, but only if the fans are high relevant and valuable to the specific content.

For example, it’s a huge DeFi community but only very few people likes art. An art project may not find that valuable.

Q12: If a KOL has a great influence on the community, these KOLs can receive tips if the user is satisfied.

A12: They get to grow with the community. Everyone in the community can benefit from the growth. The NFT fragment they hold will price up, and they all make money.

About Parami Protocol

Parami Protocol is to build AD3.0 for Web3.0. Parami vehicles the social DAO(decentralized Anonymous Organization) for advertisement distribution and traffic aggregation. Advertisers bid and pay for social NFT owned by both influencers and DAO members, which can monetize social impact and loyalty. Integrated to mainstream IM apps, Parami Protocol allows common netizens to readily cash in their attention instead of being exploited. Parami, the easy-to-use, contribution-rewarding, breach-proof gateway into the meta-universe of web 3.0.

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