REV3AL x Crypto Royals AMA Recap
Date: 15 April 2022 at 4 pm UTC
Hosted by: Mukul Sharma
Speakers: Adam Russell & Mo Kumarsi REV3AL
Mukul Sharma:
Good Evening everyone, I am pleasured to have Representatives from Rev3al to join our AMA today.
Hello @Mokumarsi1 @bitdragon so nice to have you with us for AMA Session today.
Mo Kumarsi: Hey guys
Mukul Sharma: Hey
Adam Russell: Hi everyone
- Introduction Questions
Mukul Sharma:
Q1. Could you introduce yourselves and tell us about your background?
Adam Russell:
I started my career and spent many years as VP of biz dev in cyber security for enterprise clients.
I have been involved in the blockchain and crypto space since 2016 as a thought leader as well as investor and advisor. Focused on latest technology including VR since 2014 along with defi, DOA’s, NFT,s and the Metavrse.
Mo Kumarsi: Hi guys
I have been an advisor in the blockchain and crypto space to several disruptive technological innovators including Power Ledger, Coinpayments, ICO’s, IDO’s and IEO’s.
I advised 30 different blockchain companies.
Mukul Sharma:
Q2. Please tell the community about Rev3al in detail?
Mo Kumarsi:
The nature of digital media makes it easy to duplicate and disseminate. So how can you secure the authenticity of an original? NFT technology proves chain of ownership on the blockchain but does not prove original creation. Currently enforcing copyright is difficult for IP owners with limited financial resources.
Adam Russell:
Think of Rev3al like the Digital equivalent of GIA certificate for a Diamond.
Mukul Sharma:
Q3. What do you think is Rev3al advantage over its competitors?
Adam Russell:
With Rev3al , IP creators and buyers are protected both online and offline, in the metaverse and beyond.
There are a few other solutions however they are only protecting the blockchain.
Think of REV3AL as a door with multiple different types of locks that require different keys, passcodes, biometrics, and other levels of access to penetrate. Most thieves might be able pick a lock or crack a code, but they cannot do them all.
Our system provides an extensive graphic and software based multi-factor level of protection. To enhance the overall solution even further, we incorporate additional variable data interlaced within each feature, marrying serialised uniqueness throughout, and preventing basic simulation attempts as well as unauthorised diversion or distribution of assets.
Mukul Sharma:
Q4. Can you briefly Describe the top milestone you have achieved so far ? And your future target milestone
Mo Kumarsi:
We have accomplished 35 partnerships so far and expect to accomplish 100 more in the next 2 months.
Our team is aggressively working on a “Minimal Viable Product” which will be built and tested on a secure marketplace. This will serve as a first line of defense against the rising need for solutions to protect people against the Scams and Frauds they hear about every day. Followed by a commercially viable API “ Application Protocol Interface” that will be able to be implemented into any compatible platform/ marketplace.
Adam Russell:
We are creating protection for avatars entering the metaverse, similar to Norton 360. At the same time, we are going to authenticate digital assets such as fake clothing, accessories, etc..
- Twitter Questions
Mukul Sharma:
First question from twitter
What are the advantages of holding your token? What is the token use case & how does it capture the value of the ecosystem you’re building?
From @Crypto_Trader43
Adam Russell:
The Rev3al token has a deflationary burning mechanism that occurs whenever our digital authentication technology is deployed. A unique algorithm is also used to generate the RVLID each time a token is burned. Several of our NFT and metaverse partners will also be offering staking options soon to be announced as well as VIP access passes and incentives.
Mukul Sharma:
Second question from twitter
What verification and security processes does #Rev3alTech place to guarantee the originality of an NFT? It’s one of the biggest fears of collectors these days
From @Tarek_113344
Mo Kumarsi:
We are blockchain agnostic, our technology is integrated prior to IPFS and the minting process. A digital equivalent of the GIA certificate of a diamond that has its unique ID laser etched on it is what we will be doing with encrypted metadata that is stored on secure systems and can authenticate digital media on NFT marketplaces, gaming platforms and into the metaverse.
Mukul Sharma:
Third question from twitter
As I know, strong backing and partnerships in the crypto market might bring huge benefits to new projects. During this point, can you tell us about the investors and partners of your project ? What benefits to the #Rev3al you expect from them?
From @faria7870
Adam Russell:
Currently, we have approximately 35 strategic partnerships and will have 100 in the next 60 days with NFT Technologies and Alphabit Fund as our lead investors. Metaverse, NFT marketplaces, gaming, as well as numerous other technologies such as data analytics etc., are among our partners.
We also partner with Metavrse and will have a floor in 100 story 100 million square foot photo Realistic mall which we will be protecting the floor. Here is the Trailer — https://drive.google.com/file/d/16x39xHKPnnlSTMT-bh9YH6HSACorjFMU/view
Also feel free to check out the REV3AL trailer .. Our tag line is ALL WILL BE REV3ALED. Basically it means that we will reveal you if your a fraud and we will reveal you if your the real deal. https://youtu.be/VrRz3P5ZcXU
Mukul Sharma:
Fourth question from twitter
Due to the security vulnerabilities and hacking events that we have heard frequently recently, people can no longer trust most projects. Rev3alTech has important plans in the crypto world, so how does it secure its own system? Should investors be comfortable with this?
From @vijayva30795209
Mo Kumarsi:
Rev3al will provide military-grade encryption and redundancy on its registry. Despite the fact that IPFS and minting are prior to our technology, we will have other methods that will
require smart contracts that would need auditing. However, we do not have any smart contracts required for our customer interface.
Mukul Sharma:
Fifth question from twitter
Security audits are extremely important for any project, especially DeFi protocols that deal with user funds. So, can you explain if @Rev3alTech has been audited to convey confidence and security to the crypto community that is interested in investing in your project?
From @AdiratnaFarah
Adam Russell:
The Hedera Consense security layer and the Rev3al token will be launched on the Hedera Token Service. This service is based on Hashgraph instead of a smart contract and does not require auditing.
If we do deploy any smart contract we will be sure to have them audited by third party. Our custom Rev3al pre-sale platform was audited.
- Live Session
Q1. NABILHASAN:
REV3AL is without a doubt an exciting and innovative project in the market that has made significant progress in a short period of time compared to its peers. So, after entering this industry, what are the goals you want to achieve in the long term without stopping to look back?
Adam Russell:
Great question, we plan to become the Gold Standard of Digital Media protection for the future of the digital economy and beyond.
Q2. Marcopaulo:
Did you consider community feedback/requests during the creation of your product in order to expand on fresh ideas for your project? Many projects fail because the target audience and clients are not understood. So I’d like to know who your ideal consumer is for your product?
Adam Russell:
For sure we welcome community feedback and suggestion’s. The user experience and interface are one of the most important aspects of any projects. Community is everything and we appreciate everyone and welcome your involvement. We are even building through our partner a security centric marketplace that will have a DOA aspect to it as well down the road.
Mo Kumarsi:
Right now we are in private 2. Can get involved through this group let the admins set something up as we are not selling to the public
Q3. Dj Dj:
Hi Token Burn or BuyBack program play an important role in increasing Token value. Do you have a token burn or buyback program plan to attract investors??
Adam Russell:
We do have a token burn and depreciating aspect to our Rev3al token that will be announced very soon. Please join our TG channel for announcement and updates. Major announcements forthcoming.
Q4.Super-Girl Says :
If I have a digital artwork in NFT format, what should I do to secure it with Rev3al’s
technology and protect myself from plagiarism? Is there no problem if my nft is already minted?
Adam Russell:
We plan to provide the ability to do a light re-mint which will integrate our technology into your existing NFT’s however this will not be rolled out until after we have rolled out the API for creators. The market is vast and we know this is badly needed.
Q5.♛ ༒ L꙰O꙰V꙰E꙰ ༒ ♛•°: Do you have any……
- Telegram Group — Website
— Twitter
— Instagram
- Youtube
— Facebook
— Whitepaper
For your project?
Please share with us link..??
Mo Kumarsi: Links
Linktree https://linktr.ee/rev3altech includes Deck, Whitepaper, Team, Tokenomics, Trailer & Strategic partners.
Website : https://rev3al.io/
Telegram : https://t.me/rev3altechnology
Medium : https://rev3altechnology.medium.com/
Twitter : https://twitter.com/Rev3alTech
Instagram : https://www.instagram.com/rev3altech
— — — — — — — —
Let’s provide 360-degree protection for creators and collectors into the Metaverse and beyond.
Website : https://rev3al.io/
Telegram : https://t.me/ rev3altechnology
Medium : https://rev3altechnology.medium.com/
Twitter : https://twitter.com/Rev3alTech
Thank you