Speaker: Anastasia Kor is the Chief Marketing Officer at Choise.com. Anastasia joins the community AMA to discuss Choise.com NTO in detail and to tell you about opportunities you might be missing.
Is it possible to reduce the gas fee?
“Unfortunately, we don’t have control over that, sorry. To make the transaction you need to pay some fee to be sure that it will be completed. This is not the payment that the company takes, it is how the Ethereum blockchain works and collects fees. The price of gas fluctuates based on the blockchain congestion so sometimes it’s an option just to wait for a while.
But keep in mind, while you are waiting someone can mint the Grand Choby right before you.
Let me add. To mint a few Chobies at once would be a bit cheaper on gas, than to mint them one by one.”
If I buy an NFT from the secondary market how to claim cho? How can I claim my rewards from NFT?
“All perks and bonuses can be claimed in your personal Profile on the official website: https://nto.choise.com/profile.
To claim rewards or CHO you just need to connect your Metamask in the Profile, your Chobies will be shown there and you’ll also find the Claim option if it’s already available.”
The CHO on the Choby will come from which allocation?
“From Cornerstone.
New CHO holders can check full tokenomics here: https://docs.choise.com/more/token-and-tokenomics.
I myself do find our tokenomics model really strong and competitive.”
What does the Rarity Choby Rank Score # mean? Does it have a purpose other than analytics?
“Just check the Choby with Rarity Rank #1 and you’ll understand.”
Do you have a list of markets where I can sell my NFTs?
“Yep, he’s very popular nowadays.
You can use any marketplace, but we recommend these three as they have the biggest audience and sales”:
https://opensea.io/collection/chobies
https://rarible.com/chobies/items
https://looksrare.org/collections/0x8A0B3E62173b1803B4C7517d4f6a08e5D5e40DA5.”
What is lock up and vesting?
“Tokens are packed with different lockups, from 0 to 12 months and various vesting periods, from 0 to 36 months.
The lockup means that during this period you cannot do anything with the CHO tokens inside your Choby. Once the tokens are unlocked, you receive the opportunity to dispose of them at your discretion.
The vesting means that during this period you will be evenly credited with a certain number of CHO and at the end of this period you will receive them all.
Note that more than 20% of Chobies have short lockup and vesting periods and some NFTs do not have them at all.”
What is the difference between cashback and bonus?
“Cashback is the number of additional CHO tokens that can be added to the basic 1000 CHO in every Choby. Cashback can be up to 1000 CHO, and as I know some people minting have already got the 100% cashback.
These additional CHO tokens will have the same lockup and vesting terms as the basic 1000 CHO tokens.
I guess that by bonus you mean Prize pool, or Money prize. It’s a money bonus that can be claimed after the current stage is over. This money doesn’t have any lockup or vesting.
There’s nearly 200 Chobies with $2,500 inside as you can see. Only three of them have been minted by now.
And I am sure, everyone already knows about Grand Choby - the one with $100,000 inside. It’s not minted yet.”
Can dev show mint codes to the community so we get to know it's random, not in dev control? Are bonuses distributed randomly or by the team? Could you prove that showing code?
“We don’t hide anything - our smart contract is available on Etherscan. All prizes are randomly distributed among Chobies and all Chobies are randomly distributed among minters.
Smart contract:
https://etherscan.io/address/0x8a0b3e62173b1803b4c7517d4f6a08e5d5e40da5
It’s really great that our community doesn’t take everything for granted. I am happy to see such questions. Not because you don’t trust us of course, but because you are doing your own research.
It's really great to see that people don’t just give all their money for the Lambo image - they are checking the project, what stands behind it, what is the team. Market is developing and the audience is developing as well.
Just thinking out loud.”
What does it mean to "confirm funds" before minting?
“You need to do this to allow the smart contract to use only the confirmed amount of funds.
For example, you want to mint 4 Chobies. At Green Stage it costs 600 USDT. By confirming funds you tell the smart contract to use only these 600 USDT, not more. It makes the transaction safe for you because you are sure that other USDT will stay in your wallet. It is how the Ethereum blockchain works.”
How can I refer someone to mint for NTO? Where can we find our referral link?
“That’s simple. Find «Your referrals» section inside your Profile. Take your referral link and use it.
Conditions depends on sales volume:
< $100,000 = 7.5% from each mint
$100,000 - $300,000 = 9% from each mint
> $300,000 = 10% from each mint
You will receive additional 5% royalty from every NFT resale on the secondary market for the NFT that was minted with your referral link.”
Will the NFT with the main prize $100K be available only in the last stage?
“No. No. No.
Chobies are randomly distributed among minters. We don’t know when the Grand Choby will be distributed - in fact, the first minted Choby could have been the Grand one. And yes, with the same possibility, the Grand Choby can be the last to be minted from the whole Collection. We don’t know how the randomizer will work.”
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