RECAP AMA CRYPTOVN x SPACE-iZ

Host:

AMA will have 2 parts

1. Introduction
2. Free asking from community

Are you ready? @Venkat88

CEO  SPACE-iZ

Yes sure

I am an IT engineer with a masters in Finance and Operations. I have built startups in deep technology and emerging marketing techniques. I am the CEO of SPACE-iZ.

DONE

Host:

Next question

What is your background and what is your expertise with the property sector?

CEO  SPACE-iZ

I am innovator in the UK for my previous innovative companies in tech and gaming. Here is my profile,

http://linkedin.com/in/venkatesh-krishnamurthy-5243a8110

This year we came up with SPACE-iZ as we found a gap in the property sector wherein big giants such as Airbnb and Wework who haven’t leveraged on smart contract DApp and telegram to build community which is very crucial for any project.

DONE

Host:

Next question

How did you come up with the name SPACE-iZ? Does it have anything to do with SPACEX?

CEO  SPACE-iZ
SPACE-iZ deals with property spaces in colive and cowork along with private, professional and commercial shares spaces that’s how we came up with the name.
There is no relation with SPACEX, as we are not into building rockets unlike Elon Musk?

Host:
Thank you for great answer ?

Last question for part 1

CEO  SPACE-iZ

Sure

Host:

What is the market gap that you identified to implement SPACE-iZ and revolutionise property?

CEO  SPACE-iZ

Properties are more or less empty now, give us a chance to convince and onboard any kind of property owner to list with us and get free marketing to our database, that is in return for offering discounts to our tenants.
This is how we will impact and penetrate the market during the current pandemic to create more traction for our project.

DONE

Host:

Thank you @Venkat88 for awesome introduction ?

Part 1 end here

We will go to part 2

Community will post they question

CEO  SPACE-iZ

Ok

Host:

And you will choice TOP 10 best question to anwer it

I will unmute chat in 3 mins

@Concutrangxoa

Can you briefly explain how the Top milestones that the SPACE-iZ team aims to execute before the end of this year or going to execute in future, will help them succeed and What SPACE-iZ may look like in 2020 and beyond?

CEO  SPACE-iZ

The SPACE-iZ DApp manages administration of bookings and facilitates the trade of SPIZ tokens. Our App will,

1) List all kinds of property owners with a private/personal/commercial/office space can list with us for free marketing
2) Onboard Tenants to offer discounts on any kind of property rented and on other services/amenities as well.
3) Increase the utility of SPIZ token real-time in the property sector making it a sustainable model.

@AugusS7

In Space-IZ can I publish any real estate that I want to rent? Could you publish it to sell it too? Would I have to pay a% to publish it?

CEO  SPACE-iZ

Only ones that you want to rent, you cannot publish your sell on our platform.

@DiegoRME

Can $SPIZ holders earn by lending their tokens, if yes, what’s the interest rate ?

CEO  SPACE-iZ
Rent is paid on tokens lent to smart contract. Cost of renting token is Calculated,

Total tokens lent to smart contract/ No. of tokens used by tenants

@tungvodoi206

Why did you choose ERC-20 to support $SPACE-iZ actually this Network has so high gas fee for transactions, doesn’t it a limitation for SPACE-iZ? Are there plans to develop your own network?

CEO  SPACE-iZ
Yes we will build our own blockchain in the near future.

@jiwwan

CRYPTOVN community is very interested in SPACE-IZ and the information given from you, it makes investing easier. Please tell us SPACE-IZ, what can the CRYPTOVN community do to help you be more successful? @Venkat88

CEO  SPACE-iZ
– They can help moderate SPACE-iZ community
– Do word of mouth in social media and social media to help brand and marketing SPACE-iZ
– Explain the SPACE-iZ concept to property users, landowners and tenants

@DiegoRME

What is the plan to ensure sufficient liquidity on exchanges to fill market orders, especially as adoption increases and clients begin multiplying year-over-year?

CEO  SPACE-iZ
Initially we will conduct trading competitions and work with exchanges to only maintain our IEO price with +5%, just to kick start our volume.
However, we do not have any plan to pump our SPIZ token at all, and this will not give a chance to dump our token as well.
Moreover once our progressive web app is ready in Sept, users will see utility of our token and this will increase demand for our token to appreciate its price as well.

@tranthingocanhh

From a startup project to a mainstream project, being a pioneer in the industry, do SPACE-iZ team anticipate that many new startups will show up and compete?

CEO  SPACE-iZ
We are not competing with anyone, we just found a market gap to revolutionise the property sector with our unique idea.

@yusuf113

Do you have a plan to help boost token demand and scarcity? Will there be a burning or repurchasing program to create price and demand stability?

What your plans in place for global expansion, are SPACE-IZ focusing on only distribution of token among crypto Community? Or focus on Building and developing or getting customers and users, or partnerships? Can you explain this?

CEO  SPACE-iZ
As number of users increase along with utility of SPIZ, the demand will increase accordingly.
We do not have any plans to burn tokens at the moment.
We have conducted regional bounty campaigns to reach out and increase our community worldwide to spread our brand. We will distribute tokens to community members supporting our project in return.
We will focus on onboarding users and customers along with partnerships in the space and populate our database for metrics.

@Spott

What are the SECURITY MEASURES to ensure the privacy of your SPACE-IZ CLIENTS ?

CEO  SPACE-iZ
All information of token holders will be stored in nodes of our network making it safe.

@tungvodoi206

Has SPACE-IZ contacted some facilities and organizations that are available to be published and rented on the Dapps?

CEO  SPACE-iZ
Yes, we are in talks with work in progress projects having similar concepts on similar lines in London and Mumbai.

Host
Thanks for the great answers from @Venkat88 ??

Hopefully, through these answers everyone will know more about SPACE-iZ

List winner AMA

1 @Concutrangxoa
2 @AugusS7
3 @DiegoRME
4 @tungvodoi206
5 @jiwwan
6 @DiegoRME
7 @tranthingocanhh
8 @yusuf113
9 @Spott
10 @tungvodoi206