Joel Lo and Rupert from the exciting Sponsee project dropped by to talk to @CryptoGirlfriend about the new launch of Sponsee, as well as to discuss their plans for the future. To celebrate the Sponsee AMA, five members from the community who take part in the question-and-answer segment at the end will be selected to win a share of prizes worth $250!
☆CryptoGirlfriend☆: Welcome everyone! I am going to be the AMA host today. I have made @jojothebufferlo & @Rycxyan from Sponsee admins and the chat is muted for the AMA. After I spend some time asking my questions, I will then open up the chat for a few minutes for everyone to ask questions. Sponsee will then select 5 of the questions asked by the participants. Best questions will win $50 each. ($250 total)
@jojothebufferlo & @Rycxyan can you please start off by introducing yourselves and telling everyone about your experience and background?
Joel Lo: Hey everyone, its lovely being here. We will be hosting a video AMA on our own TG group @sponsee later after this AMA session. I am Joel, the CEO and co-founder of Sponsee alongside Rupert. We have been working on the Sponsee project for sometime. you can check us out at sponsee.io 🙂 As for background, pretty interesting question. I studied neuroscience, math and physics in uni in australia 😉
And yes Sponsee is an online platform that facilitates organic connections between social media influencers and businesses around the world 🚀
We have just completed our app dev and are looking to do a major local and international launch in August
Tonight, our token pre-sale starts 😉
☆CryptoGirlfriend☆: Great! What are the tokenomics of your token? Can you explain it further?
Rupert: Hey all, I’m Rupert, co-founder of Sponsee looking forward to speaking with you. Like Joel said Sponsee is a platform to change how influencer monetisation works and we hope to do something special!
Joel Lo: We will have full details of tokenomics on our website 🙂 You can check it out there. I think fundamentally, Sponsee stands out from other tokens not because of any special tokenomics. But fundamentally what our token does btoh for the platform and for the ecosystem.
☆CryptoGirlfriend☆: Tell us a little more about what the token does 🙂
Joel Lo: Yes so to understand the token, let me first give a brief introduction what the Sponsee App does. I will also send a few video leaks from our app onto this chat shortly.
So on the most basic level, Sponsee allows influencers and businesses to find and connect with one another as well as negotiate brand deals and finalise contracts for shoutouts. The entire workflow of influencer shoutouts can be accomplished within the Sponsee App.
Now, the SPON token is the token that secures and validates the SPON ecosystem, on which the Sponsee App is hosted. We are already working on a few other platforms as well.
This means that the SPON token plays a vital role in the consensus mechanism of the ecosystem via Proof Of Stake. Additionally, SPON token holders will be eligible for entry into the Sponsee Jury Pool as participant nodes. A 5 jury protocol will form the basis of the specialised consensus mechanism for validating and voting on the outcome of a dispute raised between 2 parties. A reward for disputes resolved successfully will be dispensed to each jury member in token allocation. This is the dispute resolution process that the ecosystem will use.
So to summarise, Sponsee and to a larger extent, the SPON ecosystem are disrupting NOT JUST the field of influencer marketing. But also any field that facilitates peer to peer contracts and agreements.
This is the perspective of a “sponsee” using the app to find gigs to collaborate with businesses on for shoutouts.
☆CryptoGirlfriend☆: It definitely sounds interesting and something I will check out for myself.
Joel Lo: Oh and we are a team from Singapore, In case anyone is wondering https://www.sponsee.io/team Fully doxxed, we are rapidly expanding. > 30 members now
☆CryptoGirlfriend☆: So the presale is happening tonight? When will the token and app be fully launched?
Joel Lo: Yes the pre-sale is on right now. We have just opened the registration form and BSCTImes is the first to know about this. We have not yet announced it or started marketing which will commence after this AMA session. We do have a hardcap target so take note of that. As for the dates, we have a very detailed roadmap so you can check it out on our website. Currently app launch for Singapore beta is scheduled on 9 Aug but subject to app store’s final approval date. Token launch will be in October .
☆CryptoGirlfriend☆: Okay, got it. So the app will actually launch before the token then. How do you plan to get the word out about the app? Can you share some of your marketing strategies with us?
Joel Lo: In terms of the finer details of the marketing side for onboarding users, we do have a large pool of early adopters already signed up as well as database of businesses locally and around the world we have contacted or are going to contact. We will also plan our local launch around National Day week in Singapore and it will be geared towards helping local businesses. So some really cool things are planned definitely!
Rupert: Pre-sale will be starting first, app will come out later only in Singapore. With a large marketing campaign on the Singapore side of things. This will help to get users onboard the app and help us with testing and improving it for future iterations as well. Subsequently Singapore launch will be a stepping stone for us to move forward into an international launch after that. And then we hope to get app users in globally.
☆CryptoGirlfriend☆: Yes, because crypto is definitely a global market. When do you expect the app will be available in other parts of the world?
Rupert: We can’t say for certain, all down to how the Singapore launch goes. But for Sponsee, we’re an app company looking to disrupt the influencer monetisation industry while implementing blockchain to resolve issues in the traditional way influencer marketing works. In terms of our long run plan Sponsee will just be the first step in the creation of our SPON ecosystem which will all be secured by our SPON token.
☆CryptoGirlfriend☆: Awesome! I look forward to seeing how that all turns out.
Security is always something on the mind of users and investors. Can you tell us about your app security measures as well as security for your forthcoming token?
Joel Lo: Yes so for the app, we have worked extensively to secure user data and profiles. Measures taken include JSON web tokens, APIs. database security features etc. As for the token, we will have a vetting process for the pre-sale whitelisting for all applicants (KYC) . Our smart contracts also contain various security implementations such as the use of a milestone based verification system etc. So alot of work was done by our dev team in this regard.
☆CryptoGirlfriend☆: So it sounds like influencers and projects or businesses will both benefit from this app. Making it easier to connect them together.
Are there any other advantage and benefits to holders of your token?
Rupert: That’s the point of the application, which is to lower the barrier of entry for influencer marketing to both businesses and influencers. For instance one target group of users we hope to get onboard are traditional business owners who are unfamiliar with the changing marketing scene and had previously only understood traditional marketing practices.
☆CryptoGirlfriend☆: That does sound like it will open an whole new marketing strategy to regular businesses!
Rupert: On the influencer side of things, this also lowers the barrier of entry to allow anyone to be an influencer regardless of their following.
So any individual can choose to monetize their following much like your channel has done 🤣
☆CryptoGirlfriend☆: It’s is definitely something I would like to try and use myself once it is available in my country. 🙂
☆CryptoGirlfriend☆: Are there any other advantage and benefits to holders of your token?
Yes definitely. Other than staking gains and jury rewards (consensus related), token holders will be part of a promising project that has the vision and potential to change the influencer marketing field, and also to a larger extent 2 party agreements. Now, in the long run, we will also allow for cross platform communication on the ecosystem. Token holders can build their own platforms and utilise APIs from other platforms to create unique applications and functions for monetization purposes
☆CryptoGirlfriend☆: That sounds great.
Is there anything else you would like to share with us before we open up the chat for questions from the users? Please also share your links to everything so everyone can learn more about your project.
Joel Lo: I think alot of people are looking for a quick gamble in the BSC realm nowadays. We are not that kind of project. Our vision is not restricted to being a token or even the token price. We want to fundamentally change the world to bring about more freedom, autonomy and decentralisation. I hope this is the message i got across
☆CryptoGirlfriend☆: I look forward to all of the new innovations in BSC and the crypto space. This is just the beginning, that is for sure.
Are you ready to take some questions from the audience?
🌐 Our website: https://www.sponsee.io/
****** FOLLOW US ON ******
🌈 Instagram: https://www.instagram.com/sponsee_app/
🎥 Youtube Channel: https://www.youtube.com/channel/UCZKW…
👔 LinkedIn: https://www.linkedin.com/company/spon…
Joel Lo: Yes sure
☆CryptoGirlfriend☆: Okay, I will open up the chat for a few mins. After a few mins I will mute the chat again. You can pick the top 5 questions to answer. The questions selected will each win $50!
☆CryptoGirlfriend☆: I muted the chat again since we already have so many questions
Joel Lo: Hey everyone thanks for all the questions. I think it would be great to address all these questions in person on video. Would yall like to join our TG group for a video or voice chat session? @sponsee
Rupert: Yup this makes things much easier for us. Do join us @sponsee and we’ll answer your queries in video or voice chat
Looks like we almost have a hundred of you guys with questions, so we’ll set aside time to answer as much as we can
☆CryptoGirlfriend☆: Please select 5 to answer in here for now so we can award some winners.
Then you can continue to answer questions in your TG afterwards. 🙂
Community Question #1
Him Barton: Do you have any plans to attract non-crypto investors to your project Because it is the success of a project to get more investors who are still not in the crypto world. What are the plans to increase awareness around your in non-crypto space?
Joel Lo: Yes this is an important point you raised. Blockchain and crypto are intimidating technologies to those who are unaware. So yes we want to focus on token holders being token holders not just because they want to make a profit. We want non-crypto folks to be token holders SO THEY CAN USE THE PLATFORMS we host 🙂
Rupert: Ok, I have a great idea. If you want to stand a chance to win the prizes
Come on to our voice chat and ask us the question live and we’ll try to provide the best answer in a more engaging way
BugzKG: Hey @Rycxyan! In order for 5 winners to be chosen, please choose 5 questions in our chat to answer. You can choose whatever ones you want. Then after you can answer questions in your own TG.
Rupert: Yup understood, let’s finish the qna on the chat. Easier for us to choose winners
and we’ll let you guys know who we choose
☆CryptoGirlfriend☆: We are concluding this AMA. I will await the winners to award the prizes from Sponsee. Please join their TG channel to continue asking questions.
BugzKG: I personally apologize to everyone who attended. Our AMAs typically do not run like this. Normally they are straight forward with 8 interview questions, then chat is opened and 5 winners are selected. I will be updating our AMA guidelines for future AMAs. Thank you.
I would like to thanks both @jojothebufferlo @Rycxyan for the great ama and answering my questions and also wish you best of luck for the future .
BugzKG: Here’s what’s going to happen. Sponsee will send over the @ of any questions they answered in their TG to me. Depending on how many were answered, we will randomly choose the remaining winners. The prize was $250 to 5 winners $50 each. We will make sure all winners get paid.
Again, I personally apologize for this AMA. We will take care to make sure things run more smoothly in the future. Thank you.