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HomeAMA RecapAMA RECAP IDCRYPTO X $HUP

AMA RECAP IDCRYPTO X $HUP

Speaker : Harrison Jordan (Founder Of $HUP)
Date : Friday, July 2nd, 2021

THERE IS 3 SESSION FOR AMA
1. INTRODUCTION
2. QUESTION FROM TWTITTER
3. FREE ASKING


SESSION 1 ( INTRODUCTION )

ID CRYPTO:
Halo Harrison Jordan Selamat datang di komunitas kami, kami senang bisa bersama Anda di sini.

Harrison:
hello! so excited to be here as well. I thank everyone for their patience and I am glad to answer any questions.

ID CRYPTO:
Terima kasih telah berada di sini.

Harrison:
Thank you.

ID CRYPTO:
Please introduce yourself and tell how you started a crypto business to the idcrypto community?

Harrison:
I am a lawyer by trade in Toronto, Canada. And when I saw the NFT boom, I noticed that NFT marketplaces did not allow artists to fully monetize their art NFTs through copyright and so I built HUP.LIFE, a charity community project for capybaras that is also building that all in one NFT platform for artists to mint, validate, and monetize their art through copyright, by allowing them to sell or licence the copyright WITH the sale of the NFT.
Every time someone buys $HUP, it is taxed (via slippage), and a percentage is donated to a charity wallet. At the end of each month, all holders of $HUP can vote on the capybara-related cause that it goes to.

There are way way more aspects to the project, and I invite you to read this information graphic about how we beat DOGE, SAFEMOON, and SHIBA INA.

ID CRYPTO:
Wow, a very long explanation, Thank you for detailed answer.

Harrison:
Sorry, just got excited wanting the community to get to know me and my project, I will keep the answers shorter for your community.

ID CRYPTO:
No problem sir, a complete explanation is very good for the community so that they can understand more about $HUP, Okay next question.
Can you introduce about $HUP and how long your project launch?

Harrison:
Yes! HUP.LIFE ($HUP) is a project on the Binance Smart Chain that is building an all-in-one NFT Marketplace enabling socially conscious visual artists and collectors to authenticate their artwork, find copycats across the web, and buy, sell, and license their artwork through its copyright – while complying with international copyright and securities law… And we save capybaras with every purchase of $HUP
We fair launched June 15, on PancakeSwap. We have a detailed, long roadmap and intend to release the beta of our NFT platform in December 2021.

ID CRYPTO:
Thanks for the answer, last question.
Can you share with the community what $HUP has been doing from the roadmap?

Harrison:
We have set up our team, launched a comprehensive marketing campaign, partnered with ETHO protocol, did a bounty campaign with Bountty0x, conducted an airdrop for 4.2 trillion $HUP, and passed both commissioned audits (by HAECHI and CertiK) with flying colours. More is happening in the background as well and I can’t wait for the future.

ID CRYPTO:
That’s very good, I can’t wait to see updates from $HUP in the future, I hope the $HUP team will give their best.

Harrison:
thank you!

SESSION 2 ( QUESTION FROM TWTITTER )

ID CRYPTO:
What makes you believe that HUP will have a cooperation with a big company name for NFT in futurel? and im curious what is the biggest challenge on Handling this good project named HUP?
From @sesuaisalero

Harrison:
Well, first of all, it’s not always about partnering with the biggest companies out there, but rather the companies and organizations that would provide the best value for us and be a good strategic partner.
But besides that, our team is VERY heavily focussed on compliance and complying with AML/KYC rules. Our Chief Compliance Officer, Jack Bensimon, is an adjunct professor, and has three Masters (LLM) degrees. We believe companies of any size will see our team and our focus on our vision and compliance as something of significant benefit.
The biggest challenge will be ensuring we strictly comply with the copyright laws of all countries that we allow on our platform while building an intuitive interface for artists and collectors. But we have been interiewing very strong candidates for an International Copyright Law Advisor position on our team.

ID CRYPTO:
I agree with you, don’t forget, support and trust from the community is also important thing.

Harrison:
Absolutely! We are doing what we can to protect our community of holders and provide value to them each and every day.

ID CRYPTO:
Glad to hear that, Okay question 2.
HUP holders will have the right to Vote Community Governance Framework, 1 wallet = 1 Vote, is there a minimum hold to qualify?
From @rayzutzy

Harrison:
No! ANY amount of HUP. Literally. You could have 1 HUP… That’s what makes it so democratic and unlike anything any other project has done to our knowledge!

ID CRYPTO:
So all HUP token holders are eligible?
it’s very good, if all the holders are eligible.

Harrison:
Absolutely! We think the blockchain can be democratizing and empowering to everyone, and allow anyone to be charitable/philanthropic (in this case for capyabras) even if they do not have tons of money in their pocket. We can’t wait to roll out the 1 Wallet 1 Vote community governance system.

ID CRYPTO:
Thanks for the explanation, Question 3.
Could you explain more about your marketplace? Can I sell my own NFTs in HUPLIFE’s marketplace? Are there any certain requirements for users who want to buy and sell their NFTs in that marketplace?
From @Aravind75154890

Harrison:
You will need to identify yourself through our KYC/AML, and to be an artist and mint your works you need to be a citizen/national of the country you reside in, it needs to be an original work that does not infringe on the rights of third parties, and it must be a work you have never published on the internet before.

ID CRYPTO:
Question 4
Does HUP NFT market place offer staking and mining of NFTs? What are the possibilities of HUP integrating Yield Farming and Liqiudity Mining into its NFT ecosystem?
From @Greyhair_08

Harrison:
We will be having some liquidity mining/farming but are just speaking to potential partners right now! We want to give users more value for their $HUP! We’ve found a staking/liquiidity mining DEX launching later this month from a project we love, but we just have to see that everything is compatible. But YES, I can say definitely we will have that on one staking platfomr or another.

ID CRYPTO:
End of this month, That’s very good news, I can’t wait to see it. Okay last question.
You said that HUP guarantees Anti-Whale Dumping Mechanisms, how can you guarantee that most holders not sell tokens simultaneously which results in drastic price dumps? is there a certain contract on your token or on LP?, can you explain it.
From @Dquewr

Harrison:
We cannot guarantee there won’t be drastic price price dumps, and the Anti Whale Dumping Mechanism works but only captures very large whale wallets, but that includes any of the team-managed wallets (unless we whitelist them as needed).
However, regarding the last price pressure the past ffew days, it is bnecause we released liquifity to pancakeswap via th econtroller. We did not beleive it would cause such a significant effect.
I cannot predict the price of the token but that makes the price of it artificially depressed/lowered right now, so we can’t wait to see what happens from here.
We want to assure you we will not release any more lqiudity to PancakeSwap or exchanges unless we can control thta from happeninig in the future.

ID CRYPTO:
Well, in the crypto world anything can happen, even Bitcoin can drop drastically just because of a tweet from Elon Musk.

SESSION 3 ( FREE ASKING )

Maralus | XCF | MEXC Angel:
on a scale of 1 to 10 how fast is the transaction activity on the HUP platform? is it fast enough to compete with other platforms? thanks.

Harrison:
We are on Binance Smart Chain, so transactions are cheap and fast! Gas fees are almost non existent for both our token and our planned NFT marketplce, because they are both on BSC. That is also better for the environemnt.

Agus:
Please answer this sure.
If we buy $HUP is there any tax,?? And how much does the tax cost?

Harrison:
Yes. There is an 8% surcharge every time you buy sell or transfer HUP. A quarter of that is burned forever, a quarter put in liquidity, a quarter sent to all holders as proportionate auto-staking yield/passive yiekld staking in their wallet, AND lastly a quarter goes to the charity wallet, and each mont thru the 1 Walet 1 Vote community goverenance model, we will save capybaras.

Temitope Awoyinka:
Are you one of the global project on the world? As an AFRICAN is your project accessible to Africans.

Harrison:
We will be open to countries that have signed the Berne Convention, WIPO Copyright Treaty AND the New York Convention, and any countries not listed on the OFAC list. We hope to allow Africans from many countries to use our platform.

Mathai Nosto:
Too many projects promise magic but never release any working product or prove any revenue, Within a short/long time of release. Is your project also like this? If not can u tell us, What makes #HUP project different from other projects?

Harrison:
We are not intending on releasing the beta of our platform until December, so we want to ensure we have a great marketplace for everyone that works.

Abu Bokkor:
attention please sir. is your project suitable for Crypto beginners and have a guide for non-crypto users and so on? Or only of interest to professional users?

Harrison:
YES! We want to enable both long time crypto enthusiasts and newbies to join our cause. We think the capybara aspect will draw in a lot of people.

MORE DETAIL ABOUT $HUP

Oezankhttps://idcryp.to
Oezank is a Crypto Influencer who has more than 2 years of experience observing Crypto projects and strongly believes in blockchain technology in Indonesia.
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