AMA RECAP : CRYPTO SQUAD X x GLIMPSE

Danda Thor

11 min readJun 30, 2021

Venue : @Crypto_Sqaudx_community

Date : 18th June 2021

Time : 2 PM UTC

Guest : MR. TEDDY KOZLOWSKI

Ragnar | CryptoSquadX

Welcome To Another Ama Session At SquadX.This is your Host Ragnar !nToday We have @tkozlowski From Glimpse Token !Welcome @tkozlowski

Teddy Kozlowski | Glimpse

Happy to be here!

SEGMENT 1 — INTRODUCTION SEGMENT

Ragnar | CryptoSquadX

1. Could you please provide a quick self-introduction for the community?

Teddy Kozlowski | Glimpse

Happy to!Glimpse started as a simple idea in early 2021 and has grown to be a team of over 20 people in a very short time. We’ve been fortunate enough to be selective in building our team given the demand for our project — and have attracted top talent from Ivy League institutions, MIT, and domain experts within the crypto and DeFi space.What makes Glimpse unique is that we are not just another NFT marketplace — but rather a social media network that uses NFT’s to create digitally unique items of life’s real moments.Our goal is to connect stars with their fans on a more personal level — while creating a completely new revenue potential for both the creator and the fans!

Ragnar | CryptoSquadX

2.Can you briefly introduce the project “Glimpse”, what are some of utlities of Your Token ? How do you think you stand out among the competitors if there are any?

Teddy Kozlowski | Glimpse

The most valuable information regarding our project can be found at glimpsenft.com. Here, you will find our clearly defined use cases and other important information relating to our GLMS token and media releases.Our mission is to cut out the greedy middlemen such as Youtube, TikTok, and Instagram who take the vast majority of the value content creators provide and provide zero monetization options for fans/followers. Content creators are finding it harder and harder to monetize their base using these platforms — so we are flipping the revenue model and fairly rewarding creators for the content they create/sell. Instead of relying on minimal ad revenue from traditional social media, or no revenue at all — creators can now receive 95% of the sale price of each NFT a fan/follower buys. They can also receive royalties on secondary market re-sales and trades. For our followers — they can now own a digitally unique moment of their stars’ personal life, creating a more intimate connection. Additionally, as Glimpses may increase in value, this fan can later resell it for a profit, trade it for another Glimpse, or create a collection of Glimpses to be resold as an even rarer and more valuable NFT pack!
https://t.me/glimpsetoken

Ragnar | CryptoSquadX

3. Can you share the achievements the team has made so far ?What are the major achievements and targets That Polkawar is yet to achieve .If possible also share your roadmap

Teddy Kozlowski | Glimpse

Right now the process to create an NFT is a complicated multi-step process for most users. Not to mention, for non-technical users, dealing with gas fees, etc. can be a big deterrent to getting involved in the NFT space. With GLIMPSE, the creation of an NFT becomes as easy to do as creating an Instagram post — as we have specifically developed our UI/UX to achieve this and eliminate the barrier of entry.While we will be releasing our WP this week with an 18-month roadmap, our top 3 priorities for 2021 will be:
1. Beta release of the product — this will be released to a select number of early adopters/GLMS token holders — and allow us to improve upon the core functionality and reward system prior to a full release to the public — which is aimed at Q4 2021.
2. Expansion of content creators. We are working with several high-profile individuals with followings that range anywhere from 5M to 30M (roughly 10% of the United States) to get the word out about Glimpse. These individuals are enthusiastic about our project and how it addresses the gap in monetization for their industry — and we will harness their network to increase the number of creators that will be using the platform from Day 1 — as well as a way to get the word out about Glimpse to their large fan bases.
3. Liquidity. Creating a liquid market for the GLMS token is a top priority for our team in 2021. We will be announcing several listings in the coming months — with our first CEX listing scheduled for Q3 2021.

Ragnar | CryptoSquadX

4) Could you share a bit about security and also what benefits you provide to incentives user’s choosing your Platform?

Teddy Kozlowski | Glimpse

Our smart contract code is being audited by leading third-party firms such as CertiK as well as BSCPad. As the founder and CTO — our main priority is eliminating contract vulnerabilities by voluntarily undergoing these in-depth auditing analyses as well as working with some of the top blockchain developers in the world. The results of these audits will be posted to the community in our telegram group and made available on our website.We have many incentives for early token holders and have an ecosystem fund to reward users for interacting with our platform (liking, commenting, sharing, purchasing, minting etc). We invite everyone to check out and comment on our WP — which will be released shortly in https://t.me/glimpsetoken

Ragnar | CryptoSquadX

5.Whats the total supply of the token ? Could you share a detailed tokenomics of mainnet token’s supply distribution

Teddy Kozlowski | Glimpse

All information related to our tokenomics will be released this week in our telegram group and made available on our website and social media. There will be opportunities for GLMS holders to earn limited edition NFT packs from our founding team and content creators, earn interest, and participate in our content creator fund! We have carefully designed our tokenomics to eliminate any rug pull scenario and instill confidence in our community that we are here for the long term. Stay tuned for the WP release!

SEGMENT 2 — TWITTER SEGMENT

Ragnar | CryptoSquadX

1) A few days ago you at Glimpse announced that your private round closed successfully, attracting over $1.3 million in investment for the project in just under 1.5 weeks. What will be the main aspects of your project that you hope to develop thanks to this successful fundraising?

Teddy Kozlowski | Glimpse

Development will be our largest expenditure. I will highlight again that Glimpse is a social media network that incorporates NFT’s — and not an ordinary NFT marketplace. There are A LOT of NFT marketplaces out there — and they all seem to be doing slightly different versions of the same thing. Glimpse is focused on allowing creators to upload short videos of their personal life (similar to videos/images uploaded to TikTok/Instagram) and tokenize it as an NFT to be sold as a digitally unique item to a single fan. Compared to other marketplaces that are focused on digital goods only — we are focused on using NFT’s to verify digital ownership of truly unique moments of our creators’ personal life — a double bonus!Our other major expenditures include our marketing campaign and hiring additional business development managers to expand our content creator network!

Ragnar | CryptoSquadX

2) Can you tell the community about #Glimpse’s Road Map? And Pointing Out Milestones In #Glimpse’s Road Map?

Teddy Kozlowski | Glimpse

We are releasing our WP this week in https://t.me/glimpsetoken with an 18-month roadmap! As an overview, our top 3 priorities for 2021 are:
1. Beta release of the product — this will be released to a select number of early adopters/GLMS token holders — and allow us to improve upon the core functionality and reward system prior to a full release to the public — which is aimed at Q4 2021.
2. Expansion of content creators. We are working with several high-profile individuals with followings that range anywhere from 5M to 30M (roughly 10% of the United States) to get the word out about Glimpse. These individuals are enthusiastic about our project and how it addresses the gap in monetization for their industry — and we will harness their network to increase the number of creators that will be using the platform from Day 1 — as well as a way to get the word out about Glimpse to their large fan bases.
3. Liquidity. Creating a liquid market for the GLMS token is a top priority for our team in 2021. We will be announcing several listings in the coming months — with our first CEX listing scheduled for Q3 2021.

Ragnar | CryptoSquadX

3) Could you explain more about your marketplace? Can I sell my own NFTs in Glimpse marketplace? Are there any certain requirements for users who want to buy and sell their NFTs in that marketplace?

Teddy Kozlowski | Glimpse

Great question! Anyone is welcome to create and sell their own NFT’s on Glimpse. However, for individuals with few followers who are not necessarily looking to monetize the NFT’s they create, but rather share/trade among their personal network, their listings will not be automatically shown in the category or keyword searches. Rather, these NFT’s can be traded directly with people they are friends with on the platform. If an individual does want to explore monetization and increase their following — they can apply to our up and coming category — which will feature rising talent and receive funding from a user-funded pool of GLMS tokens!

Ragnar | CryptoSquadX

4) Ambassadors play an important role in achieving the goals of every project. Do you have a Global Ambassador Program? If you have, how can I Participate and be an ambassador?

Teddy Kozlowski | Glimpse

Yes! Right now, we’ve got a live bounty program that rewards our community for everything from a social media following to inviting others to join us! As we get closer to going live, users who hold GLMS tokens will have the right to invite early content creators to our platform — and will earn additional GLMS tokens for doing so as a referral bonus! Early GLMS holders will also be granted special staking opportunities and access to limited edition NFT packs from the founding team and first content creators!Glimpse will also be providing several opportunities for our community to provide feedback in return for rewards, earn additional GLMS tokens, and flash competitions over the next few months. Being part of the next big social media app is super exciting — and we invite you to join us!

Ragnar | CryptoSquadX

5) Glimpse serves as a helping hand for the talented folks where they can sell their creations as NFTs and earn money. Will Glimpse take a percentage of their earnings as a commission if a user buys from them?

Teddy Kozlowski | Glimpse

Yes, this is an important question. Our revenue model that we are going with to launch is very simple. We will be taking a seller transaction fee of 5% on every NFT sale. Of course, we will be exploring directed advertisement revenue shortly after launch — which is how the vast majority of traditional platforms receive their income. Utilizing IPFS, we can lower storage fees for data and pass the savings on to our users.

SEGMENT 3 — LIVE Q & A

Q1 FROM @Miner_001

What is the role of tokens in the ecosystem? Where can people currently buy it? What is the functions of the tokens?

Teddy Kozlowski | Glimpse

Winner #1! The GLMS token will function as the primary payment for purchases within our application. Users who use GLMS will receive discounts on all in-app purchases. Holders can also stake GLMS tokens to earn a competitive interest rate as well as limited edition NFT packs from their favorite content creators and stars. We also plan to launch our up and coming fund — where users can stake GLMS tokens in a pool designed to fund up and coming talent on the platform. When the stars make it big — you will share in the profits!

Q2 FROM UNKNOWN

Regarding about the current market situation is too unstable, holding back investors.. So can you give me some good reasons why I should buy your tokens in this market situation? And also why should your token holder keep holding? #AmaGlimpse

Teddy Kozlowski | Glimpse

This is a great question! But what we’ve seen time and time again is that the major players, whether it be traditional companies like Apple, Amazon, Facebook, or successful DeFi projects — always whether the hard times and present THE BEST buying opportunities in down markets.Right now, there are sooo many platforms in the NFT space right now. Lot’s are scams, some have good ideas but no backing or have poor execution, and then few will be the major winners. I think for me, what I look at when deciding on our project for the long term is very simple
1. Who is the team? What is their background and why are THEY going to be the ones to make the platform succeeed? I hope you have information about this following this AMA, but if you’d like to learn more about our team, join our telegram https://t.me/glimpsetoken!
2. What backing do they have? Are they selling coins to raise money to the public alone? Do they have large institutional backing? This point is very important. If a project doesn’t have reputable backers — this is a RED FLAG. Good ideas attract good people, so if a project you’re interested in hasn’t caught the attention of any major partners in the blockchain space -think twice! Luckily, we are fortunate to have 10 notable VC partners and closed a 1.3MM round in less than 1.5 weeks!
3. Is the project doing something different? VERY Important. In a crowded NFT space — what is this project /platform doing that no one else is? What is their competitive advantage. For Glimpse, we will be first to market with this new approach to social media! To learn more about us and what we are building, go to https://www.glimpsenft.com/

Q3 FROM @tv100029

What kind of partnerships with different projects/platforms/protocols can we expect from Glimpse in the future? Could you give us some examples of how other projects can leverage Glimpse ? #AmaGlimpse

Teddy Kozlowski | Glimpse

We will be announcing several partnerships with other NFT platform that either boost the utility of our token and/or incorporate DeFi with our use cases. One special partnership we will be announcing shortly is with ProjectX!!!Stay tuned to our telegram for the details on this partnership announcement!

Q4 FROM @Lightening_47

What is the ultimate vision that Glimpse is trying to achieve within the cryptocurrencies market? Obviously the whole space will experience huge growth in the upcoming years, but what role would you like your project to play in this? #AmaGlimpse

Teddy Kozlowski | Glimpse

World Domination.😀 All jokes aside though — what we are looking to do is create a next generation social media platform that fairly and transparently rewards content creators for all of their creativity and hard work. Blockchain and DeFi will remove the need for middlemen like YouTube, TikTok, Instagram that steal the vast majority of value content creators bring to the platform. Meanwhile, the content creators are stuck with a small portion of ad revenue, or if they only have a few hundred thousand followers, no revenue at all!We believe the future of social media is content creator owned — and we are looking forward to providing the platform that accomplishes this!

Q5 FROM @Libinj

Community is one of the backbone of every project especially the new project in crypto ecosystem. How do you value your community? What benefits will you provide to your community? Do you have any ambassador programs or referral program? #AmaGlimpse

Teddy Kozlowski | Glimpse

We are getting our community involved from the start!The best way to get involved RIGHT NOW is to join our BOUNTY PROGRAM where we are giving away over $20,000 USD of GLMS tokens at the pre-IDO price! Glimpse will be providing several opportunities for our community to provide feedback in returns for rewards, earn additional GLMS tokens, and flash competitions over the next few months. Being part of the next big social media app is super exciting — and we invite you to join us! For some info on our full bounty release article, see https://medium.com/glimpsenft/announcing-glimpse-bounty-program-fc7363946b4c