we hosted an amazing AMA with Shirtum on the 17th of July
And here we will put some of the best questions:
Q1. Can you please introduce yourself as well as Shirtum ?
The team is very diverse, our CEO, David, has extensive (+15 years) experience within the football industry, he worked for the two biggest clubs in Argentina and developed relationships with many players around the world.
Our COO after graduating his bachelor in Business Administration, took 2 master of Science in International Management and since then he has been working for startups and tech all his life.
Our dev. team, Arker Labs, are also very well known within the blockchain sphere in Spain and other countries too.
I’ve been in crypto space for a very long time. I’ve carried out a community on telegram but when Shirtum came across a few months ago I didn’t hesitate to join them. I am also passionate about sports so this is great for all.
We are now creating content for our NFTs with our team
Q2. What are the advantages of Your project ?
The current NFt market in the sports industry is blowing up, but it’s still not tapping into what we believe is the biggest source of value: the athletes.
Most of them are used as a passive element, in NBA Top Shot or Sorare, even in FTS.
Our advantage is that we are connecting directly with them, no institutions in the middle taking profit of their images, just the player sharing their exclusive moments, iconic stories with the fans.
Our vision is to empower them as creators, help them build content that they can be proud of, not a simple advertising stunt for which they get paid.
Q3 please tell us about the goal you want to achieve in this year
we have involved players in our development since the beginning, since we figured we needed that if they were going to be our long-term partners
so far we have agreements with top football players and a fully developed technology that will be available both on iOS and Android markets
we carried out an MVP last year during the month of May in which we sold over 26,000 NFTs and worked closely with over 120 athletes to help raise funds for covid-19. This project was called #TheBiggestGame
Our short term milestones ahead are getting out the first NFTs, together with our app during the next quarter, we presume it will be in august, but we can promise it for sure.
After that, we will continue our efforts to sign top players, expand to new sports disciplines and develop our tech to be integrated with other third party apps that can enhance the user experience
Q4. Every project has a story behind their name, Can you tell us more about the story
Our CEO had been thinking for a long time that it would be difficult to make real the passion that sports transmit. Every object the player possesses has a history behind, if don’t the player wouldn’t keep that physical object for him. So, he thinks that almost every single person on the earth that loves football probably wants to have any object that an elite football player has used on his own.
So he thought that it would be great to create an NFT marketplace that collects all this memorabilia in a digital way, because the players wouldn’t leave those objects naturally. So this is how Shirtum began, watching out Messi’s museum and watching how many of the athletes, reflecting on Messi’s museum, started to create their own one.
And here we will put best questions from our members and Shirtum fans:
Q1) What the @shirtumapp will offer in comparison to other projects with sports related collectibles and (future) NFTs like Sorare, topshot, Chilliz and others?
We have the players as our main partners here, we will use them as an active asset, they will share their exclusive memories with the fans, stories that never see the light of day, just unique for the fans.
We have our native app, both functional 100% and approved in both stores, Android and IOs, ready to test in the coming weeks.
You’ll have a direct connection between the investor (fan) and idol (player).
You will be able to trade your NFT’s in our marketplace.
FIAT users can also join us!
We’ll have a buyback system automatization thanks to our long term association with Chainlink.
And many more things!
Q2) According to your white paper, “Buying $SHI allows users buy collectible NFTs on Shirtum platform, and in addition, depending on the $SHI balance, the user can have additional advantages” Could you briefly tell us some of these advantages &What amount of $SHI to hold to have them
This advantages are almost closed, but we can advance here that you’ll be able to purchase exclusive NFT’s a little before than others, point booster in our gamification system (soon more details), access to physical memorabilia, Governance…holding a certain amount of SHI will give you an status, depending on your status you will have more advantages-.
Q3) Nearly 12% of the total remaining inventory had just been burned. When will you do the next burning? where can i get info about this burning and your other informative programs?
In fact, we have just burned the 25% of the total supply (1,000,000,000), we had a burning pool of 100 M tokens, and we created a Buyback strategy, by which Shirtum will set aside 1% of the revenue generated by the NFT sales on the primary market. Every 7 days, we will make a purchase of $SHI at the current value on Pancake Swap. All the tokens obtained with this purchase, without limit, will be burned automatically to reduce the supply.
This means that our burning pool is now redundant in its deflationary purpose and we have decided to burn the pool entirely!
You can join us in our telegram channel in order to know more about it! https://t.me/shirtum
Q4) Many people are still not aware of how NFTs work and how to acquire them, is @shirtumapp beginner-friendly in the world of NFTs? Do we have to have advanced knowledge or is @shirtumapp intuitive enough for inexperienced users?
We aim to be user-friendly for all the world, the app will be easy to use, the crypto user only will need to connect their wallet in order to see the SHI balance once the user wants to purchase an NFT with SHI.
In the case of a fiat user, he will be able to connect through their google account and pay with the credit card, apple wallet or whatever credit card that allows fiat currency.
Q5) What is #Shirtum revenue model? In which ways do you generate revenue/profit?So many projects just like to speak about the “long term vision and mission” but what are your short terms objectives? What are you focusing right now?
We have a sostenible business model in our project, here it is how it will work.
The business model is very simple:
For the first issuance of tokens:
70% for the athlete-creator — 30% for Sirtum
For the secondary market transactions:
3% fee on the transaction price. This fee is split as follows:
30% for the athlete-creator (as a royalty) — 70% for Shirtum
Q6)Almost 3/4 of investors are focused purely on the price of token in short term instead of understanding the real value and health of the project. Could you tell us on motivations and benefits for investors to hold your token in long term?
It is really important for us to understand this point, we want to benefit our holders in many ways, as I said before we will have many benefits here, point booster on gamification, staking plan, early access to NFTs, discount prices on NFTs…and much more! We are focusing on long term, but we know that we can be achieving many many value in the midterm
Q7)Give me 3 characteristics that distinguish your project from other projects and how to convince whales to invest in your currency
Not just whales, we need all crypto space and all fiat world because we really believe we can change minds related to collectibles on a digita way.
1- Direct connection between idol and fan
2- Our Native app fully developed on Ios and Android
3- Our players are our big partners, they are the first ones interested on the ecosystem growth
Q8) has your project been fully decentralized? & will there be any risk of centralization in the future?
Our project is fully descentralized, the NFTs will be owned just buy the owner, we can not access there, and we can not manipulate this tech, we wanted to do NFTs because of that, the transparency and treaceability of our assets is the most important thing here.
Q9) In which social network does your project build community, what support and help have they provided in your project?
We have our main channel here in telegram , we are 24/7 open for the people who need something about us, they can ask whatever they need here https://t.me/shirtum
And also we are very active on instagram @shirtum.app
And in twitter https://twitter.com/shirtumapp
Q10) WHAT makes me use $SHI ?What can I use Shirtum for?
$SHI will have several uses
- Holding SHI will let you pay in our app in exchange of our NFTs
- Holding SHI will let you have an status in the app
- Holding SHI will let you access early than noone to the NFTs
And this was the end of our AMA with Shirtum.
If you have any other questions you can ask here:
ℹ️ℹ️ Useful links ℹ️ℹ️
Website :- https://shirtum.com/
Twitter :- https://twitter.com/shirtumapp/
Instagram :- https://www.instagram.com/shirtum.app