Question 1
Script Network’ vision and mission are good, according to the website. However, it requires a significant amount of user traffic to be long-term viable. What marketing plan do you have in place to boost the credibility of your project’s brand and enhance mainstream adoption?
Answer
This is a great question, so in order to boozt the projects brand and enhance mainstream media adoption we first and foremost need to be very aggressive with our online marketing, this is why we portioned quite a huge chunk of our budget for this. In addition it requires of the team to be in the conversation so to speak, and that includes participating in as much real life events as we can, joining as much twitter/clubhouse spaces as we can, regular AMA’s and so forth. I personally came back from Cannes Film Festival where we were invited to join a panel discussion to talk about Film and Web3. Which is very exciting and we acquired a lot of leads from there that we’re following up on, those would not have happened if we were not in the conversation.
Question 2
Almost 80% investors have just focused on price of $ScriptNetwork 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?
Answer
Good question, it is exactly as you describe it and the benefits for holding tokens is that we have built in mechanics that is essentially rewarding users that are in this for the long run, but also to avoid the issues you normally get with these reward platforms like bots and/or as you mentioned people who wants in short term. To answer your question more direct, we are at some point in the future going to build Script Studios Inception which is a DAO build. Everyone that is in it for the long term would be able participate in the decision making on which projects we will take on for our own originals and so forth. Very exciting stuff that we have in our pipeline, stay tuned!
Question 3
Hmm… I’m not exactly sure on what you mean here, but if you are talking about access to the actual platform we will in due course go into public beta. This will be before token launch, the interesting part is that users will be able to earn even though our token hasn’t launched yet, we will implement synthetic tokens that users can 1-1 swop against real tokens once we launch so you can start getting paid when we release the platform. We’re super excited about that! To stay connected to our community headover to https://script.network and you will see the links to our socials in the top right corner.
Answer
Hmm… I’m not exactly sure on what you mean here, but if you are talking about access to the actual platform we will in due course go into public beta. This will be before token launch, the interesting part is that users will be able to earn even though our token hasn’t launched yet, we will implement synthetic tokens that users can 1-1 swop against real tokens once we launch so you can start getting paid when we release the platform. We’re super excited about that! To stay connected to our community headover to https://script.network and you will see the links to our socials in the top right corner.
Question 4
As is well known, NFTs are digital assets that represent real world objects. thing to ask, Is it true Your project implements NFT into the TV platform? If it’s true, Please tell us how your project implements NFT to the TV platform?
Answer
Sure, so once the functionality is implemented in our ecosystem, it will enable content creators and stations to mint their own NFTs which can then be used to raise ratings and create a deeper engagement with the audience. During live streams and broadcasts, fans can be awarded NFT prizes by participating in different contests, giveaways, and quizzes. The idea is also through our funding mechanism to enable our creators to raise capital for future projects with fractionalised ownership NFT’s and share the profit with the users.
Question 5
talk about tokens, I see the difference For that token. Why is there two different tokens. Can you explain to us?
Answer
Yes so, the tokens will be SCPT and SPAY. The SCPT will be used for governance and staking whereas the SPAY has a little different usecase. It is our operational token which will be used for rewards, gas, NFT trading and off chain rewards. Since our blockchain is native as well as open source any partner has the ability to build on top of it, and therefore we came to the conclusion that we would be needing 2 tokens for security and scalability purposes.
