AmazeWallet X AMA Session With BeInCrypto

2023-7-8 18:20

We’re getting ready for our AMA session! 

Take a comfortable seat and follow our conversation with Matt Peters (@MattDavid92)  who is a representative of AmazeWallet in our AMA. I hope you enjoy this session since we will cover lots of interesting topics for you all! 
COMMUNITY: Here is how things will work. I’ll have 10 questions for Matt. After that, our guest will answer 5 top questions previously chosen. 

1. Please introduce yourself. Tell us more about your company. Where are you from?

Matt: My name is Matt Peters, I am the Marketing Director at AmazeWallet — The world’s first web3 smartwallet built on our own Layer 1 AmazeChain. I am from Australia but am living in Spain, which is great considering the AmazeWallet team is majority based in London.

AmazeWallet represents a new dawn for web3 engagement but releasing one mobile application that incorporates all of web3. Users can mine the native network for mainnet mining rewards while they manage their web3 including our
– NFT Marketplace
– P2P Messenger chat service
– Token swaps with 1inch
– Trade tokens across 60+ blockchains

AmazeWallet rewards users for the time they are already spending in web3 — This is why we say we are the ‘The smarter way to manage your web3”

2. On your website I saw that “AmazeWallet is the world’s first Web3 smartwallet”. Can you please explain to us this statement?

Matt: Think about it like this. A normal wallet, especially web3 wallets don’t do anything more than just manage your keys and your crypto. They are a medium of storage for tokens and transactions. You put money in and money comes out.

So then, what is a smartwallet? What makes it smart? Well wouldn’t it be so fantastic to have a wallet that passively grows your capital? Well with AmazeWallet users who are using the wallet can mine in the background. Using only 1-2% of users’ battery they mine passively while trading, exploring and managing their crypto.

Dumb wallets are static and our smart wallet is active. 

3. And what problems in Web3 does AmazeWallet resolve?

Matt: So basically Web3 is incredibly clunky. Users need to have multiple browsers and multiple wallets and their crypto and tokens are mismanaged across too many touch points.

AmazeWallet streamlines the experience of web3 by funneling the whole experience of one’s digital life into one place. We make web3
– Accessible
– Familiar
– Intuitive

The other thing that we solve is that every day users can access mining features whereas before it cost thousands of dollars to buy the software and hardware needed to mine. Now users just simply download an app, stake their tokens and begin mining in the background.

Basically we are the web3 revolution that needed to happen

 
4. Wait, what stage is AmazeWallet today on?

Matt: Actually this is very exciting as we are switching over from our testnet to our mainnet tomorrow!

Up to now users have been testnet mining and participating in community testnet activities which do not deliver mainnet rewards. We are incredibly excited to switch to mainnet tomorrow so that our users can access real mainnet mining rewards daily!

We are also launching our first set of globally recognised artists with
– Zigor
– LORD
– Nick Rufo
– Gabriel Rodriguez
– Bitbouy.eth

So it is a great time to get onboard the application as users who download now will be able to get access to the mainnet rewards from tomorrow. 

5. So now question about AmazeWallet mobile app features. Let’s start with your wallet. How does your product differ from other wallets?

Matt: So as mentioned above we are a smartwallet….This means that our wallet is a rewarding wallet. We actually deliver rewards for the time spent within the wallet.

The features that make this attractive are as follows

1) Mobile mining: Stake AMT into one of three tiers and begin mining for daily rewards. The mobile phone acts as a light node for the AmazeChain network and allows users to validate transactions in the background while in the app.

2) Self-Custodial and MultiChain: Users can manage their web3 across 60+ blockchains with over 1500 tokens integrated into the application itself. A lot of our users are already sending their crypto holdings across to our wallet as it makes sense to have one wallet that pays for your time.

3) NFT Marketplace: Our marketplace is incredibly unique as artists do not have to pay any gas fees to mint, they can mint NFTs from their mobile phone directly to the Amaze Marketplace. We support large file types up to 100MB including
– Audio files
– Video files
– Graphic files
Originally only our approved artists will be able to mint…If you are an artist you can apply to become a featured artist on the marketplace via the form in the NFT marketplace within the app.

4) P2P Chat messenger: Users in web3 value security and privacy. Our chat function is completely secured by the blockchain and is peer to peer encrypted which vastly differs from whatsapp end to end encrypted messenger service. You can manage your communities in group chat and send tokens via the chat functions.

5) 1 inch integrated swaps: users can swap their tokens across chain with 1 inch without having to navigate to the browser. We do have an in app browser as well for users that require that.

6. Our usual question… What about AmazeWallet’s security?

Matt: Quantum resistant. Says it all really. We have been penetration tested by multiple auditing firms and our reports continue to come abc with flying colors. The AmazeChain has been developed with over 400 different code contributors with notable background from
– Tencent
– WeChat
– Amazon
– Google

The apps chain is very much developed by the best of the best in terms of web3 and app development.

7. Matt, I believe our members will be interested in AmazeWallet’s mobile mining & messenger. Tell us more about these features!

Matt: So we have touched on the mining features a lot. Users can get their hands on AMT now from bitmart and coinstore in order to begin mobile mining on the mainnet from tomorrow. That is a big deal. It is a very easy process to start mining so jump into our discord to learn how to get set up. Start by downloading the app here.

The messenger allows users to keep doing what they normally do, message friends about anything and everything. Users can message their friends on the app via emails that have been used to open an account within the app itself.

8. What about your NFT marketplace? What popular NFTs can we buy on it?

Matt: This is super exciting. We have the following artists that will be releasing NFTs on the AmazeWallet marketplace.

Zigor : https://twitter.com/zigor
LORD: https://twitter.com/lordneutron
Nick Rufo: https://twitter.com/nickjrufo
Gabriel Rodriguez: https://www.instagram.com/rame_4d/
Sou: https://sou-art.jp/

+
2 more Japanese artists that will be announced shortly!

9. I also saw that you are going to develop AmazePay & even DEX. It seems to us you want to conquer the Web3 world!

Matt: This is the point! All of Web3 in one place. Isn’t it amazing….So right now it is a horrible user experience to have to sell crypto via exchanges to buy goods and services in the real world.

We have just received our first set of money licenses and we are in the process of applying for the next set as well.
AmazePay will allow users to spend their AMT rewards from mining in real world services without having to switch to other currencies first.

10. And what countries do you work in?

Matt: The main teams are in East Asia & London and Spain with support in Canada as well. 

COMMUNITY QUESTIONS

1. There are actually DeFi wallets very similar to Amaze, such as Trust Wallet, MetaMask and many more, simplicity is key and with an industry that is constantly changing. So how do you plan to work to keep your wallet simple and easy to use?

Matt: TrustWallet & MetaMask are V1 wallets, they are static. You manage your keys and transactions and that is it. AmazeWallet is a whole new era for wallets…This is why we call it a smartwallet. You can literally do whatever it is you normally do in web3 via the AmazeWallet application. In fact we do not consider these companies to be competitors in the market because our use case is far more in depth than what they offer. We are also a highly intuitive and familiar app product in that we are fully mobile. People navigate their digital lives with mobile and that is why we think it is much easier for the end user experience to interact with web3 with a mobile application rather than clunky desktop browsers. 

2. How many friends can a person invite and earn from their referrals? Can we take advantage of the referral bonus as much as we want?

Matt: Inside the app you can select the tell a friend section of the app and refer AS MANY USERS AS YOU CAN. Users that are referred MUST make at least one mainnet transaction for your referral to be awarded. 

3. How can I create NFT with the help of Amazewallet and is coding also required for that? What fees should be paid for it?

Matt: No Fees!! You can set your own royalty range and guess what…. Gasless minting!
First thing is to go into the app and select the i want to be a creator application from within the NFT marketplace section of the app.

Do DM me or the AmazeWalelt twitter if you would like us to fast track your application for launch! 

 4. Experienced team is the most vital thing in building company growth, a project will not develop without being managed by an experienced team, whatever it is good. so, how about the project? Does your team have good experience in the cryptocurrency world?

Matt: So WeChat has the most daily active users than any other app in the world with more than 1 billion per day. A vast majority of our developers are ex WeChat developers. So I guess that speaks to the expertise we have when it comes to in app development. 

As for the crypto world everyone on our team has multiple years experience in the crypto world from
– Marketing
– Content
– Operations
– Product
– All the founders as well

Our creative team comes from an immense design background not necessarily in crypto but they continue to deliver expert and inspiring artistic creatives.

5. AmazeWallet is built on AmazeChain, why were you forced to create your own blockchain for AmazeWallet? Do existing blockchains not meet your expectations? What are the features and advantages of AmazeChain?

Matt: We had to build our own blockchain as existing blockchains are not secured by the mobile network. In order to have a mobile mining feature we had to build our own layer 1 that would operate with mobile phones as the nodes to validate the transactions.

Website | Twitter  | LinkedIn | Telegram | Discord

The post AmazeWallet X AMA Session With BeInCrypto appeared first on BeInCrypto.

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