ACKNOLEDGER x OneShot AMA Session Recap from the 3rd December’21

Hello, AcknoLedger Community!
The AMA session with @OneShotVentures took place on the 3rd of December, 2021.
In this AMA Recap, we will summarise the most interesting points for you.

AMA Session Recap for the session happened @ 01:00 PM UTC on t.me/oneshotventures_chat

The session was divided into 2 parts with a total crypto reward pool of 50 BUSD

Part 1

Yash ACK, [03–12–2021 18:30]
Glad to be here

Yash ACK, [03–12–2021 18:30]
Thanks for inviting us🚀

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 18:30]
🥳Hello, everyone!

👏🏻We are glad to meet here:

Mr Yash -CEO from ACKNOLEDGER🏆 @ydcurious
Mr Kuntal — CSO from ACKNOLEDGER🏆@KT1988

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 18:31]
Before the official start, could you introduce yourself briefly?

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 18:31]
@ydcurious @KT1988

Yash ACK, [03–12–2021 18:31]
Sure

Yash ACK, [03–12–2021 18:34]
Hi Guys,

🔥Yash Dahenkar, Co-founder and CEO of AcknoLedger. I have been in Crypto Space since 2016. Before starting AcknoLedger, I started a company called Bitgenie which focuses on emerging technologies like Blockchain and Artificial Intelligence. At Bitgenie, we created a really interesting product called “Bitgenie Research” where we mapped and indexed more than 250k+ market research reports over the internet. Bitgenie Research is actually seed to the AcknoLedger’s idea. I also likes to educate people on Blockchain and Crypto and till date I have taught more than 4000+ professionals and students across the Globe.

I’m also Advisor to Saycheese, Harmony Launcher, FanAnywhere, Space Falcon, and Deliq Finance

🚀

KT | CSO AcknoLedger | UTC + 5:30, [03–12–2021 18:35]
I am Kuntal Ganguly

I am one of the Co-founder and CSO of AcknoLedger. I managed strategy and operations of one of the Japanese firms in India. I also supports a silicon valley based VC fund.

I have been in Crypto Space since 2016 and personally invested in more than 30+ Crypto projects as an Angel Investor. I have an amazing understanding of how the crypto space works and how to make a project successful. 😊

Yash ACK, [03–12–2021 18:35]
Done

KT | CSO AcknoLedger | UTC + 5:30, [03–12–2021 18:35]
Done

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 18:36]
Thank you very much for your introduction, it is our honor to be able to invite you to our community👏🏻👏🏻

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 18:36]
Let’s start offical time😀

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 18:36]
Please type “done” at the end of your answers in case that I jump in too early.

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 18:36]
Q1) Can you briefly introduce AcknoLedger? and from where you get the project name? What does it mean to you? And why you choose this name for your project? @KT1988 @ydcurious

Yash ACK, [03–12–2021 18:37]
[In reply to Nhut Tran 💎 ONESHOT Ventures 💎]
Sure

Yash ACK, [03–12–2021 18:41]
[In reply to Nhut Tran 💎 ONESHOT Ventures 💎]
🔥AcknoLedger is a global platform that maps, monetize, and distributes Web 3.0 digital assets seamlessly across all the metaverses and gaming NFTs🔥

We envision it to be the nervous system of Web 3.0 digital assets.

Acknoledger will work on a M2D model:

✨ Mapping assets: Indexing all the NFTs across all the gaming, metaverses, NFT marketplaces, so that NFT collectors can leverage the insights for an informed decision making.

✨ Monetizing: Helping existing Web 2.0 and Web 3.0 content platforms to monetize their content as NFTs through our APIs and channels.

✨ Distribution: Marketing and distributing the content across multiple metaverses by tracking-mapping interoperability and exploring trading opportunities for institutional and retail investors.

AcknoLedger is the aggregator of all the metaverses.

🚀AcknoLedger is the word derived from acknowledgement — Whenever you publish anything on AcknoLedger you get acknowledgement and that’s why we call it AcknoLedger🚀

Yash ACK, [03–12–2021 18:41]
Done

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 18:43]
This sounds great! thanks for sharing☺️👍🏻

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 18:43]
Q2) What is your mission and vision to build this project? What you want to achieve through your project in future? @ydcurious @KT1988

KT | CSO AcknoLedger | UTC + 5:30, [03–12–2021 18:46]
Our goal is to become a Google and Amazon for Web 3.0 digital assets.
😈

Also, we are in the product development stage and phase 1 of the product will be launched in Q1–2022.

Our goal is not to control the whole Metaverse space but to empower all the Metaverses to reach their full potential by doing cross-marketing and community engagement.

We are a collaborative platform.

KT | CSO AcknoLedger | UTC + 5:30, [03–12–2021 18:46]
Done

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 18:48]
Q3) What strengths does AcknoLedger have to compete with competitors? @KT1988 @ydcurious

Yash ACK, [03–12–2021 18:51]
AcknoLedger is not competing with anyone

We don’t believe in competing, we believe in collaboration.

✨ Our core philosophy is to partner and work closely with all the projects out there. We believe in growing together.

✨If you want to walk fast, walk alone.
But, if you want to walk far, walk together.

AcknoLedger is the Gateway to the Metaverse and Gaming NFTs.

Some outstanding features that distinguishes us from other projects in the market:
⚡️ Interoperability Check of NFTs
⚡️ Lifecycle Tracking and Plagiarism check of NFTs
⚡️ Utility, scarcity, social proof, and many other features tracking of NFTs through UCNS
⚡️ Facilitating new ways of revenue for NFT collectors by leveraging arbitrage opportunities, trending NFTs, Brand Promotions, etc.

AcknoLedger has already partnered with 50+ Metaverses, Gaming NFTs, and DeFi projects. We are aggressive building AcknoLedger Ecosystem

AcknoLedger is building infrastructure for Metaverse which gives us advantage over others🚀

Yash ACK, [03–12–2021 18:51]
Done

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 18:54]
This sounds very nice! I believe everyone must be as interested in it as I am!

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 18:54]
Q4)How important is the community to your project? and How can we collaborate or help share token for the development of the project? @ydcurious @KT1988

KT | CSO AcknoLedger | UTC + 5:30, [03–12–2021 18:57]
Community is one of the vital aspects of each project.👍

We are building a platform that will benefit the general community as they can take informed decisions while buying digital assets…

As you know we index and aggregate the assets and list its attributes ✅
Hence AcknoLedger’s success depends on community growth.

To have our engaged community we have various campaigns running time to time 🚀

We also had ambassador programs.
So yeah. Community stands important 😊

Regarding the support

I again request to join our community asap ✌️✌️✌️

t.me/acknoledgercommunity

KT | CSO AcknoLedger | UTC + 5:30, [03–12–2021 18:58]
Done

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 19:00]
Okay, we learned more! This also makes us more sure that ACKNOLEDGER🏆 is a great project!

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 19:00]
Q5)Could you please provide some progress on your Roadmap and what results AcknoLedger has achieved so far? @ydcurious @KT1988

Yash ACK, [03–12–2021 19:00]
Sure

Yash ACK, [03–12–2021 19:04]
These are are milestones we have accomplished so far:

🚀 Vision: We are able to clearly articulate our Vision and build a strong story around it

🚀 Team: We have a solid team of hustlers who work day in and out and make sure that we execute on time. Everyone is driven. We are backed by an amazing set of Advisors.

🚀 Funding: We have closed funding from 30+ VC firms and well-known Influencers and KOLs

🚀 Product: We are on track to deliver phase 1 of the product in Q1 2022

🚀 Marketing: We got a solid execution plan to create hype in the market and spread awareness about the project. Join our Telegram Channel to know more.

🚀 Partnerships: We have already closed partnership with 50+ Metaverses and Gaming NFTs projects and 100+ partnerships in pipeline

— —

✨We have created a team of solid members. We have already got a great set of mentors and advisors who come from both business and academic backgrounds, coming to the product front we are tirelessly working on it

✨The importance of these milestones are that we can track where we are going and thus is helping us in making sure that we don’t deviate from our goal and deliver on time for our team members and our investors to make sure that they get maximum returns from this project at the right time

Yash ACK, [03–12–2021 19:05]
Done

KT | CSO AcknoLedger | UTC + 5:30, [03–12–2021 19:05]
[In reply to Nhut Tran 💎 ONESHOT Ventures 💎]
I would like to Add something..

We are soon going to release updated product perspective roadmap soon. 🚀

There are alot of great developments taking place that we would share soon.

KT | CSO AcknoLedger | UTC + 5:30, [03–12–2021 19:05]
Done

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 19:06]
Awesome! Thanks a lot, finally, let us wish the ACKNOLEDGER🏆 project a better and better future!

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 19:06]
phase 1 ended

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 19:06]
let’s go to part 2

Yash ACK, [03–12–2021 19:06]
Let’s start

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 19:07]
and remember there will be no prizes for this part

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 19:07]
Q1: The AcknoLedger Token (ACK) will be a one-stop shop for everything from participation to governance to royalties to subscriptions to promotions to NFT. What more kind of functions will the token (ACK) provide? What will the token’s usefulness be inside the ecosystem?
https://twitter.com/imwiiw27/status/1466585977925738496

KT | CSO AcknoLedger | UTC + 5:30, [03–12–2021 19:09]
AcknoLedger plans to create a Circular Economy where $ACK tokens will be used widely across Metaverses. Those who hold $ACK tokens will be eligible to receive NFT and content airdrops.

Below mentioned are the usage of the ACK token:
* Participate in UCNS Governance
* Promotions of Projects — NFT and Content airdrops
* Yield Farming and Staking Rewards
* Listing NFTs on UCNS
* Accessing premium features of UCNS

✌️

KT | CSO AcknoLedger | UTC + 5:30, [03–12–2021 19:10]
Done

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 19:11]
Q2: Smart contracts are susceptible to failure and many projects fall victim to this, costing users money and the project discrediting. How reliable and secure is your smart contract? Have you tested it through any of the parties?
https://twitter.com/mosa18889/status/1466595115669942274

Yash ACK, [03–12–2021 19:13]
[In reply to Nhut Tran 💎 ONESHOT Ventures 💎]
We follow all the security measures and we have also audited our smart contract

✅The smart contract is audited by QillHash

Click on below link for Full Audit Report: https://github.com/Quillhash/Audit_Reports/blob/master/Acknoledger%20Smart%20Contract%20Audit%20Report_2%20-%20QuillAudits.pdf

Yash ACK, [03–12–2021 19:13]
Done

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 19:13]
Ques 3: How can we earn these $ACK tokens other than buying it & How will it help the community to provide voting power for new changes to enhance the development of #AcknoLedger?
https://twitter.com/Kruchkova3/status/1466409407604924416

KT | CSO AcknoLedger | UTC + 5:30, [03–12–2021 19:15]
Apart from buying and selling, one can also earn ACK tokens by staking. 😃😃😃

We recently launched a staking rewards program on BSC Station.

Please find below more details ⤵️

https://bscstation.substack.com/p/acknoledger-opening-2-new-start-pools

Also we have LP Rewards programs ⤵️⤵️

https://staking.acknoledger.com/acknoledger/staking

KT | CSO AcknoLedger | UTC + 5:30, [03–12–2021 19:16]
Done

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 19:17]
Ques 4: Revenue is an important subject for all platforms to survive and run the project/company. What is the way to generate revenue of #AcknoLedger platform? What is the income model?
https://twitter.com/BenliBenli12/status/1466409207054286853

Yash ACK, [03–12–2021 19:20]
[In reply to Nhut Tran 💎 ONESHOT Ventures 💎]
M2D Model is the Revenue Generation Model for AcknoLedger

✨ M2D MODEL✨

🚀 Mapping Assets: Indexing all the NFTs across all the Gaming, Metaverses, NFT Marketplaces, so that NFT collectors can leverage the insights for an informed decision making

🚀 Monetizing: Helping existing Web 2.0 and Web 3.0 content platforms to monetize their content as NFTs through our APIs and channels

🚀 Distribution: Marketing & Distributing the content across multiple Metaverses by tracking-mapping interoperability and exploring trading opportunities for Institutional & Retail Investors

🔥 AcknoLedger is the aggregator of all the Metaverses 🔥

We are building Infrastructure for Metaverse

Acknoledger will create a circular economy across the metaverses through ACK Tokens.

Yash ACK, [03–12–2021 19:20]
Done

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 19:21]
Ques 5: AcknoLedger will index and map each digital asset including interchangeable and irreplaceable token NFTs through the UCNS system known as the Universal Content Numbering Scheme. Can you please explain exactly how this UCNS system works and what does it consist of?
https://twitter.com/JohnWic052/status/1466621341474635776

Yash ACK, [03–12–2021 19:22]
[In reply to Nhut Tran 💎 ONESHOT Ventures 💎]
Sure

Yash ACK, [03–12–2021 19:25]
🚀 Universal Content Number Scheme(UCNS) is used to create an Ecosystem to map all the NFTs across the Metaverses.

✨ It is the World’s first decentralized nomenclature system that will be adopted and used as a Universal Standard.

✨ UCNS will be used to verify the authenticity of NFTs across the Digital Universe.

UCNS standards will be set and driven by the ACKNO Governance Committee — formed by industry experts across the content landscape.

Traditional content identification processes — ISBN, ISRC, ISSN, DOI cater to specific content and are managed by Centralized process. There is often no correlation between these identifiers.
UCNS will adopt a decentralized approach to provide a unique identifier for any content that is validated across Metaverses and NFT platforms.
AcknoLedger will collaborate with the current NFT and Metaverse Ecosystem Partners to deploy UCNS solutions to their existing Digital Assets.

✨ UCNS(Universal Content Numbering Scheme) can be considered as Decentralized Domain Name Server(DDNS).

Deploying UCNS will be challenging as every project follows a different format when they created their NFTs. There is no Universal Guideline for NFTs in Metaverses. Every Blockchain has its own set of rules.

In phase 1, we will be focusing on indexing and mapping NFTs across all the Blockchain Infrastructures.

Once we have all the data, we will release NFT interoperability Guidelines for Metaverses. If projects follow these guidelines, their NFTs will be interoperable across all the Metaverses.

Isn’t it cool?

We may launch our own Blockchain in future for easy Execution of UCNS as we move ahead as interoperability will become very easy after that.
We are getting some resistance from projects but we are good at convincing

Yash ACK, [03–12–2021 19:25]
Done

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 19:26]
thank you for your answers @ydcurious @KT1988

KT | CSO AcknoLedger | UTC + 5:30, [03–12–2021 19:26]
Welcome

Part 2

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 19:26]
Next, We will enter the community questioning part.

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 19:27]
💢 AMA Rules:
🌐 Join Group AcknoLedger
(https://t.me/acknoledgercommunity)🌐 Join Channel OneShot Ventures (https://t.me/oneshotventures) & AcknoLedger
(https://t.me/acknoledger)🌐 Follow Twitter AcknoLedger (https://twitter.com/acknoledger) & OneShot Ventures
(https://twitter.com/OneShotVentures)🌐 Like, Retweet in this Twitter (https://twitter.com/OneShotVentures/status/1465497053673684992) ( WE WILL CHECK ONE BY ONE )

Ques 1: Stefani Stallings, [03–12–2021 19:27]
Almost 80% investors have just focused on price of token in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in long term?

Ans 1: KT | CSO AcknoLedger | UTC + 5:30, [03–12–2021 19:30]
[In reply to Stefani Stallings]
Our token utility is quite strong. We are creating circular economy where ACK holders will be rewarded in multiple ways….

Exciting things ahead. 😃

Below mentioned are the usage of the ACK token:
* Participate in UCNS Governance
* Promotions of Projects — NFT and Content airdrops
* Yield Farming and Staking Rewards
* Listing NFTs on UCNS
* Accessing premium features of UCNS

Ques 2: 💥ID Barron 0099💥, [03–12–2021 19:27]
Why you choose Binance Smart chain? we see some chain pop up with good scalability too, then why you choose BSC?

Ans 2: Yash ACK, [03–12–2021 19:31]
[In reply to 💥ID Barron 0099💥]
BSC is no brainer

Ethereum Gas fees is going crazy and for project like us, we need scalability.

All the Metaverse and Gaming NFT projects are building on Binance Smart Chain.

It becomes easier to integrate with other Metaverses if we are on BSC

In long term, we will be present on Multchain🚀

Ques 3: Con Lật Đật, [03–12–2021 19:28]
what companies are you partnered with or seeking to partner with in future ?

Ans 3: KT | CSO AcknoLedger | UTC + 5:30, [03–12–2021 19:32]
[In reply to Con Lật Đật]
🔥 WE ARE BACKED BY 30+ VCs AROUND THE GLOBE 🔥

Please find below the names of all our VCs:
Krypital Group, Mahadao, Basics Capital, Magnus Capital, Mayor Capital, Scorpio Vc, Shima Capital, Oasis Capital, Dutch Crypto Investors, NFT Tech, GAIN ASSOCIATES, IBC Mario, Growth Capital, Delta Hub, Heslin Angel investor, Evan Luthara, Amesten, X21, Block Ventures, Moon Carl, Nord Finance, Supraoracles, ReGain Ventures, Synapse Network, AU21, Prostarter, REDhat capital, Kangaroo Capital, Dreamboat capital, KardiaChain, Baselayer, ZBS capital/ crypto differ and 925 venture.

Our VCs are the leading global investment funds focused on supporting cutting-edge blockchain startups. It gives us immense pleasure to have acquired the trust of such experienced blockchain investors who take pride in investing in the future with pioneers in the blockchain space.

🔥 Apart from this, we are also collaborating with metaverses and other players in the ecosystem 🔥

Few of them are mentioned below:
Polygon
Cheersland
Forward Protocol
Enjinstarter
SoccerHub
Bitscrunch
Meta Spatial
PacificNFT
Fusible
Rogue West Crypto
HowlCity
Rage fan
Monsters Clan
Knit Finance
MahaDAO
DareNFT
Yarloo
NFTBomb
TrustFi
Moniwar
NFT alley
Project Galaxy
Uniarts
DeFi11
SolChicks
Polkarare
Genesis Shard
Cheesus
Ulti ARena

We are the first one to pioneer this technology. We have been doing R&D for last one year and there will be some exciting news coming soon.
All the other Crypto projects can leverage AcknoLedger Tech Stack and save a lot of Development and Infrastructure cost.

Ques 4: Emma Lika, [03–12–2021 19:28]
I have seen that you have done many AMAs, my question is, what do you expect to get from so many AMAs and what are your goals with the community? Do you consider the community to be a fundamental role in the project?

Ans 4: KT | CSO AcknoLedger | UTC + 5:30, [03–12–2021 19:33]
[In reply to Emma Lika]
Yes We do alot of AMA.

Sole intention is to spread awareness across the globe and interact with community

Stronger the community. Strong we grow 🙏

Ques 5: Vahan Hovhannesiyan — ⚡️, [03–12–2021 19:27]
When is the token getting launched and on what exchange?

Ans 5: Yash ACK, [03–12–2021 19:33]
[In reply to Vahan Hovhannesiyan — ⚡️]
We are already launching and the token and you can buy the token on Pancakeswap and MEXC

Please check the details here:
https://coinmarketcap.com/currencies/acknoledger/

KT | CSO AcknoLedger | UTC + 5:30, [03–12–2021 19:34]
Done

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 19:36]
👏🏻👏🏻Thank @KT1988 and @ydcurious for coming to ONESHOT Ventures community group and answering many questions about ACKNOLEDGER🏆 for us. I believe our community followers have a deeper understanding of ACKNOLEDGER.

Yash ACK, [03–12–2021 19:36]
Thanks for inviting us today. Really enjoyed the AMA🙏🚀🚀🚀

KT | CSO AcknoLedger | UTC + 5:30, [03–12–2021 19:36]
Thanks guy’s

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 19:36]
🥳🥳Let’s witness the future of ACKNOLEDGER🏆 and cheer together!

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 19:37]
Join ACKNOLEDGER🏆 Telegram and learn more!
https://t.me/acknoledgercommunity

Nhut Tran 💎 ONESHOT Ventures 💎, [03–12–2021 19:37]
And, thank the community followers for listening.

HuskyZ | ONESHOT Ventures, [03–12–2021 19:37]
Wish your project success with the plans

For more information, join our Social Media channels so that you do not miss any future updates:

Website: https://acknoledger.com/
Telegram Channel: https://t.me/acknoledgercommunity
Announcement TG group: https://t.me/acknoledger
Twitter: https://twitter.com/acknoledger
Facebook: https://www.facebook.com/AcknoLedger-100963082154551
Medium: https://acknoledger.medium.com/
LinkedIn: https://www.linkedin.com/company/77301209/admin/
Instagram: https://.instagram.com/acknoledger/