we hosted an amazing AMA with Privi Trax on the 14th of August
And here we will put some of the best questions:
Q1. Can you please introduce yourself as well as Privi Trax ?
My name is Clive Njagua. I’m one of the Community Managers of Privi along with a handful of others. We lead a very fast growing team from all over the world, and we’re all thrilled to have you onboard!!!!
As for Privi Trax,
Privi Trax is one of the App’s of the Privi ecosystem.
As you’ll see in our Lightpaper, Privi Protocol is a collection of decentralized apps, designed to take the power away from the elite, and distribute it to the world: a decentralized apple 🦾🔥
This is made possible by building these collection of decentralized social apps in one powerful ecosystem, the Privi Protocol.
The first app to launch on the Privi Ecosystem is this, the Privi Trax App – a decentralized Spotify + Axie Infinity in play 🔥
Privi Trax main mission is take power away from the middlemen and give it to the artists and their fans who support them the most.
Privi Trax main mission is take power away from the middlemen and give it to the artists and their fans who support them the most.
Time for artists to Reclaim their space, time for artists to Reclaim their earnings
Q2. What are the advantages of Your project ?
Privi Trax’s ultimate goal is to give power back to the artists and the fans who support them the most
It takes an artist in spotify 786 streams to afford a cup of coffee, we want to change that with Privi Trax! This is totally unacceptable!
It takes an artist in spotify 786 streams to afford a cup of coffee, we want to change that with Privi Trax! This is totally unacceptable!
With Privi Trax, You earn while listening to music
You earn while killing piracy
More on these feature coming soon, Prepare to have your minds blown🤯
Artists in Privi Trax earn 3 times as much as they do on other platforms.
These are just some of the use-cases of Privi Trax
Q3 please tell us about the goal you want to achieve in this year
Since we’re done with the Privi Trax Token launch, we’re now focused on releasing the Privi Trax App Next.
Since we’re done with the Privi Trax Token launch, we’re now focused on releasing the Privi Trax App Next.Since we’re done with the Privi Trax Token launch, we’re now focused on releasing the Privi Trax App Next.
Hope you guys are ready!
They include ;
- Privi trax – decentralized Spotify
- Privi Flix – decentralized Netflix
- Privi pix – decentralized Instagram
- Privi Bux – decentralized medium
- Privi exchange
- Privi pay
- Privi DAOs
…. all tied into one beautiful App Store
Sign up for the whitelist at https://www.privi.store/#/zoo to be whitelisted and also receive exclusive NFTs and Crypto rewards 🤑
We’re so excited to have you on board.
Welcome guys to a decentralized Apple in Play 🦾🔥
Q4. Every project has a story behind their name, Can you tell us more about the story
Privi means sharing in the knowledge of something and we believe we’re doing so in sharing In Privi
Welcoming you guys to WEB 3.0 in style
We’re creating a new internet, one for all of you
Where you can do anything you ever dreamed off
And we believe this is what the whole world needs right now, and that’s why we do our best to make this a reality, that everyone can share in
We just launched the Privi Zoo, the first decentralized app store.
Sign up for the whitelist at https://www.privi.store/#/zoo to be whitelisted and also receive exclusive NFTs and Crypto rewards 🤑
And here we will put best questions from our members and Privi Trax fans:
Q1) I am very impressed with all the products on your platform, the detail is completely perfect. But I don’t see any partnerships banner on your website? So, do you have any partnerships plan in the future? What kind of partnerships that you need for development of your project?
We have multiple partnerships which have proved to be very effective.
You see, We were at 9k Twitter followers about 3 weeks ago and now we are at around 57k 🚀🚀🚀
News about Privi is spreading like 🔥🔥
We partnered with Ignition, BSCPad and safelaunch to launch our first dapp token Privi $TRAX today and we the sale was done in less than 30 Seconds. ⚡️
Other than that, we have many artists, influencers and ambassadors from all around the world geared up for the launch.
Please follow us on Twitter to stay updated, https://twitter.com/priviprotocol
Q2) I’ve heard that the ¹st dApp to be launched on Privi Zoo is #PriviTrax – a decentralized music app (dApp) in the Privi Ecosystem. So can you tell us more about Privi Trax & how it works? Also how does TRAX relate to PRIVI & how we can get early access to the Privi Trax waitlist?
Privi Trax App is a decentralized Spotify + Axie Infinity in play 🔥
Privi Trax main mission is take power away from the middlemen and give it to the artists and their fans who support them the most.
You see only 0.01% of artists in Spotify earn more than 100k a year . we want to change that completely
With Privi Trax: You get to earn while listening to your favorite music
Artists in Spotify earn 3x as much as spotify, and this is the least
Yes, correct! We launched the first decentralized app, the Privi Zoo
Privi Trax App is launching soon.
Request an invite at, https://www.privi.store, to be whitelisted immediately and to be notified immediately we launch. Once done, you’ll also stand a chance to win Crypto rewards and exclusive NFTs
Q3) Can you give us motivation and benefits for traders & investors to hold your tokens for long term? Is there a program for users to earn more of your tokens as well as other rewards? And please share your plans to help drive the demand and scarcity of circulating tokens.
Great question. The Privi Native token has plenty of use cases and reasons to keep our investors and Early believers motivated. To mention a few;
▪️We will have a staking program that incentives users to stake Privi and benefit from;
-Reduced network fees
-Governance rights
-Discounts on DATA purchases▪️PRIVI is needed for key features in the platform thus increasing its demand. They include:
-Swap fees in Liquidity Pools
-Creation of Pods, NFT's, Social Tokens
-Loan collaterals and matchmaking.▪️You use less fees for using privi tokens in the wide variety of tools that we offer
Through these and many more, we are able to create an increasing demand for Privi.
And our investors and early believers😊 can now go home happy
Q4) When researching the Privi project I realized that they are looking to create a 3D metaverse but I would like to know if the entire metaverse will be created by the developer team for users to interact or will the metaverse be a union of multiple custom worlds for the community?
We have people building it, but Privi is fully customizable, if you want something we’ll provide!!
So, we’ll have ours and custom world is also in the line-up
We have a 3D Metaverse world where you could do completely anything; attend music festivals, meet your favorite celebrity, attend art Galleries
Here’s a sneak peek, https://youtu.be/Q35SF0hi50M
Q5) Privi wants to launch their own social media apps, but as we know social media apps are mostly ruled by non-crypto users, so, how do you plan to attract in an easy and understandable way all of that audience that has no idea of what crypto and blockchains are?
The Privi platform is suitable for everyone. We have invested heavily in making sure that Privi is super simple to understand .
Also, We have included a gamified tutorial that will allow users to learn about Privi in an interesting, and engaging manner as you also earn some points, and rewards.
In addition, all these app solutions built on the protocol range across a variety of industries, that allow non-native crypto users to access the benefits of Privi.
We will be releasing these apps soon. To learn more about our Privi Apps, head to https://www.privi.store
Welcome on board guys, we’re so excited to have you all on board
Q6) Security is the most important thing to consider want starting up a project, how secured is this project for users and investors?
Good question. Assets dont become targets, vulnerabilties of them being traded and arbitrages produced become targets.
Privi works on a security mechanism which by itself handles arbitrages, and if targeted by a bad actor, charges the bad actor an amount for the transaction which far exceeds any profit that the bad actor might want to have.
Q7) Do you have AUDIT certificates, or are you working to AUDIT your project, to make it more secure and reliable?
Hey there, we have been audited by 3 Well-known firms to make sure that everything runs smooth.
We plan on making these audit reports publicly available soon
Q8) Is this platform suitable for Crypto beginners?Or does it only appeal to professional users
Hey, Privi is very suitable to CryptoBeginners and everyone as well
We have invested heavily in making sure that Privi is super simple to understand
Also, We have included a gamified tutorial that will allow users to learn about Privi in an interesting, and engaging manner as you also earn some points, and rewards.
In addition, all these app solutions built on the protocol range across a variety of industries, that allow non-native crypto users to access the benefits of Privi.
We will be releasing these apps soon. As I said before, Privi Zoo has launched, To learn more about our Privi Apps, head to https://www.privi.store
Q9) Sir, Community is very important for a project. While you build your project, do you take into account community feedbacks and demands?
Yes, 100%
Privi is fully community owned
You guys decide what you want, and our work is to enforce
We are 100% decentralized, 100% community owned, and our community comes fast
We also have a governance tab in our platform that allows you to vote on Privi Issues. So, yes, our community comes first!
Q10) Do you have any plans to add Nft’s to your ecosystem as this is the hottest topic in the crypto space?
Yes, we have Invested heavily in NFT’s and we are changing the game completely when it comes to Nft’s
Privi gives you the tools to create NFTs without any technical or financial requirements.
Not only that but also an in-built HyperLedger Fabric to allow you to distribute these NFTs at super fast speeds and Near-zero fees
Also, Privi allows you to use these NFTs for governance and voting in accepted groups and communities
Lot’s of awesome perks for NFT creators and Collectors
And this was the end of our AMA with Privi Trax.
If you have any other questions you can ask here:
ℹ️ℹ️ Useful links ℹ️ℹ️
Website :- https://priviprotocol.io/
Medium :- https://medium.com/privi
Twitter :- https://twitter.com/priviprotocol
Linked :- https://www.linkedin.com/company/68624840/admin/
Instagram :- https://www.instagram.com/priviprotocol/
Tiktok :- https://www.tiktok.com/@priviprotocol?