We were lucky enough to be joined by Charlie Rhee, CEO & co-founder of FUFU for a two half AMA, throughout each firm’s telegram channels.In latest weeks it was introduced AIKON’s ORE ID would be built-in into your entire FUFU Ecosystem, permitting their customers to seamlessly create, play and share interactive quizzes and earn NFTs.The transcript beneath consists of questions answered by Charlie Rhee on the ORE Network Telegram. Followed by Caitlin Abejon answering questions on the FUFU Telegram to close-out the AMA.Let’s get issues began! Tell us a bit extra about FUFU or UwUFUFU and your work there? And perhaps a be aware concerning the identify UwUFUFU.FUFU is constructing a digital advertising platform for Web 3.0 bringing customers, communities, manufacturers, initiatives and content material creators collectively into one cohesive ecosystem.The ecosystem’s flagship content material & NFT creation and distribution platform is UwUFUFU. A gamified content material advertising platform within the type of viral interactive quizzes that permits any person, model or neighborhood to deploy a complete digital advertising marketing campaign at scale within the type of interactive quizzes and NFTs with no code required. The platform is already loved by hundreds of customers and content material creators.The identify UwUFUFU is definitely a mix of two web/emoji phrases of UwU and FUFU.Moving on, what was the driving power behind selecting blockchain tech and using tokenization ($FUFU) in making a gaming and quiz platform?We initially began as a platform centered on providing content material advertising options for manufacturers in search of conventional internet 2.0 sort advertising campaigns. But we rapidly realized it’s our quiz creators who’re driving the platform. We wished to be ready to share the worth they were creating and on the similar time began to see plenty of internet 3.0 initiatives needing advertising options as internet 2.0 options were not best. Therefore we began tokenization course of and launched utility options that permit our holders to earn passive revenue first.Speaking of tokenization, what staking alternatives does the neighborhood have right now?After our launch we instantly supplied a pre-staking program the place our early adopters loved excessive returns for his or her help. We then launched a foremost staking program the place we proceed to launch new staking swimming pools together with platform advantages. We additionally supplied a liquidity mining program and simply launched a brand new LP token staking program for offering liquidity on FUFU/BUSD on Impossible Finance. We are additionally close to launch of a hard and fast staking program, the place customers will obtain a smaller APY% however at a hard and fast charge for particular time intervals. We will proceed to launch new staking alternatives sooner or later.Great to hear about all these choices! As on your partnership with us, what do you see as the most important advantage of the partnership with AIKON & the ORE ID?We couldn’t be aligned extra completely. As talked about earlier we began as an internet 2.0 platform so plenty of our customers are usually not crypto-native. The studying curve of making metamask and determining how to do every little thing is kind of steep, so we we were at all times making an attempt to determine the easiest way to bridge that hole. AIKON by way of ORE ID supplied precisely what we wanted. Easiest approach for our customers to seamlessly get their foot into internet 3.0 with out even understanding they’ve finished so.Alright, Going to change gears for my final query. What first drew you to blockchain and crypto?I come from a Finance background spending over 10 years working at world Investment Banks. Numerous my colleagues and friends moved into crypto and I used to be a passive investor. I used to be amazed on the degree of innovation that was popping out of the Industry however didn’t need to do a crypto undertaking for the sake of doing crypto. We wished actual world utility and cause. Then when DeFi and NFT applied sciences took off, we noticed each as a really perfect approach to share the worth our customers are creating in addition to enhance the kind of advertising campaigns our customers can deploy at scale. And we haven’t appeared again ever since.After a number of questions with Caitlin, we’ll be opening it up to the neighborhood for questions so get your questions prepared everybody!So lets kick it off!What is the aim of the ORE Network undertaking? How does ORE ID match into the narrative?Thanks @charlierhee, I’m excited to chat with you and the neighborhood!For a fast background, for many who weren’t on the @orecommunity AMA earlier than this, FUFU not too long ago introduced a partnership with AIKON and can combine ORE ID into your entire ecosystem!The Open Rights Exchange (ORE) Network is admittedly the muse for cross-chain identification It’s a blockchain optimized for managing safe identities and digital belongings throughout various different blockchains like Algorand, Ethereum and EOS, to identify a number of.Any use circumstances constructed with the ORE Network are natively cross-chain and are ready to be simply linked to the off-chain world.ORE ID is the one sign-on identification authentication platform constructed on the ORE Network with the ORE Network’s launch associate @teamaikon. ORE ID is already used by a bunch of companies within the blockchain business like RedFOX Labs and now FUFU!How does ORE Network allow NFT adoption, and the way is it distinctive to the blockchain house?Well as increasingly more chains launch NFT initiatives, we consider customers will need this single identification expertise that may maintain all of their completely different belongings from completely different chains. ORE ID helps this experienceOn prime of that, ORE Vault — the b2b crypto pockets additionally constructed on ORE Network — permits companies to extra securely and simply handle their digital belongings and their NFTs. ORE Vault has Wallet Connect performance, permitting customers to join to 1K+ dapps like OpenSea. So companies can in the end purchase, promote and even create their NFTs by way of this ORE Vault function.Why are you enthusiastic about FUFU and ORE ID?You imply apart from the superior FUFU quizzes?!What we’re most enthusiastic about is your organization’s mission to assist manufacturers efficiently deploy their digital promoting campaigns through new channels of content material advertising and NFT distribution.Our whole imaginative and prescient is to merely the complexity round blockchain and crypto to speed up the adoption of this tech. A Web 3.0 future is quickly approaching and it’s necessary for corporations and people to put together.With FUFU’s and ORE ID’s powers mixed, our clients and finish customers have safe entry to this expertise, and never even understand it — as a result of it’s all finished behind the scenes. Bringing us all one step nearer.We are additionally enthusiastic about what we will obtain collectively, particularly for our customers. Are there any new highlights / options you’d like to share?Yes! ORE ID reached a brand new milestone this previous week 💪ORE ID simply handed the creation of 150K+ wallets on the ORE Network. The development of the community has actually skyrocketed within the final 6 months for the reason that $ORE Token IDO.It’s partnerships like FUFU and RedFOX Labs which might be fueling this development and the thrill round ORE ID’s utility.Anyone or utility (like ORE ID) that desires to use the ORE Network has to purchase and use ORE Tokens to retailer information within the ORE registry. It’s like renting servers within the cloud.All this curiosity proves that ORE ID is a much-needed instrument within the business, and we’re so excited that you simply and the FUFU workforce see the worth of the undertaking.About the Open Rights FoundationBuilt in partnership with AIKON, the Open Rights Exchange is constructed to be easy to use and suitable with all chains. A single password — not a key — is supplied because the entry to not simply the Open Rights Exchange, however to all different chains together with Ethereum, Polygon, Algorand and EOS — with much more chains being added each quarter.Website | Twitter | Telegram | Discord | GitHub | Blog | LinkedIn | Youtube
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