Time: 8pm UTC +8, August 2nd, 2024.

GUEST: Andrew Sato (Co-founder of PoPP)

Introduction: The SocialSummer event has been online for more than a month. In this month, the number of PoPP TBA users has reached 7600 +, and the number of small game users has exceeded 100,000 registered users within a week. Founder Andrew personally attended the Telegram AMA and talked with everyone for 70 minutes, answering and discussing many questions from token economics, TGE route, TBA empower, the future development of TgBot, and the pain points of users in past product use. Users are the cornerstone of the development of the PoPP ecosystem, and their opinions and suggestions are also important driving forces for our progress. We hope you can find the answers you want from this AMA.

📝: Last AMA: https://link.medium.com/gkoVhFxS3Kb

Q1: Will the 60% Mining Allocation after TGE be earned through computer mining or just completing social tasks?

Andrew:

Like you said, 60% of the overall supply will be mined by users

but in our case, mining is different from traditional POW mining. PoPP is a social platform, so there’s no reason to use the traditional consensus like L1 and L2s

Doing tasks is just one of many methods for users to earn our tokens from the 60% allocation, I can’t tell all the details at the moment, because our tokenomics will be updated regularly before the TGE. Simply saying, as long as the activity or interaction is good for the growth of PoPP Ecosystem, you can earn, But to evaluate the contribution, we introduced Star Dust (SD), Basically, the more SD you have, the bigger your allocation will be for sure.

Q2: Whats different SD website and bot on telegram, its same convert on airdrop?

Andrew:

Your SD from our dapps or websites, is associated with your TBA or wallet address, which is not connected with your SD in our to the Moon mini app yet, because your telegram account is not associated with your dapp account, at least not now. Next week, we will launch a new feature in the mini app: bind your TBA with your TG mini app account. By doing this,

1. your SDs can be calculated together
2. TBA holders can earn more SDs in mini app than users who don’t have a TBA. This feature will be online within next week. So stay tuned.

Q3: Would there be more updates on PoPPAT, like the conversation ratio of PoPPAT to PoPP token, and how much will be allocated?

Andrew:

The ratio will be 10:1. There are still a lot of unproduced PoPPAT that will be put into the reward activities of other stages, It has been stated in Tokenomics that PoPPAT will be produced before and after TGE and will be placed in different scenarios. The PoPPAT that has been obtained will be exchanged for PoPP TOKEN. The specific time will be announced as soon as possible after TGE.

Q4: where can I find the list of winners of the airdrop in socialsummer with 200+ projects?

Andrew: winners of the final prize pool will be announced in September, during our side event of Token2049 Singapore, but winners of each round of Meme draws are announced on the website directly, after every 1000 mints, If you minted a TBA, you will be able to see the results after connecting your wallet.

Q5: The amount of SD in the Mini-App is higher than the TBAs minted. Will this be balanced?

Andrew:

The first conclusion is: it will definitely, The first step of the strategy is that in the new feature that will be launched sometime next week, you will be able to bind your TBA in the mini app. After binding, the same reward will have a large percentage bonus. From another perspective, almost only TBA users will get the total prize pool of Socialsummer, and non-TBA users of the mini app will only get part of the 10% ETH in the total prize pool if they win the ETH BOX, and TBA users who win the ETH BOX will also get

So generally speaking, the impact before TGE will not be that big.

Q6: Last year’s roadmap said TGE would be in Q2. The market conditions in Q2 this year were not good, which is understandable. The last AMA said that it would be postponed to the end of summer, which is September. In the community meeting with Taiko the day before yesterday, you said that TGE would be held in three months, which is October or November. So TGE is not decided yet, right?

Andrew:

It is almost certain that TGE will be held in October or November, with a high probability of October. It depends on the deal with CEX.

If the TGE is delayed until Christmas, the window will be missed. Several criteria for TGE:

3. Social Summer traction

4. Series-A Funding

5. CEX deals

A. Currently, the number of SocialSummer users has exceeded 120K, which is beyond expectations

B. Details will be announced at the appropriate time

C. CEX will announce details after the deal is confirmed, These will be completed in the next 2–3 months.

Q7: it was previously mentioned that there would be airdrop allocation for PoPPX and PoPPEcho, but currently PoPPAT is discontinued, and SD is only earned through Social Summer, TG Mini-App, and Ai Box. Will we be able to earn SD in PoPPX and PoPPEcho in the future?

Andrew: Yes. PoPP Echo and PoPP X will be deployed on different mainnets according to our collaborations with different ecosystems. For example, PoPP X has been deployed on Mantle recently, and our joint campaign with them will start on the 6th of this month

You will find you can not just earn SDs from PoPP X, but also MNTs and some other rewards.

Q8: What are the future plans for the PoP Planet App?

Andrew:

TBH there’re probably 5 new versions of the app waiting to be developed, PoP Planet app is our core product, the end point of our user cycle, All the other dapps or mini applications you see recently, are for traction and growth purposes, The app is for long-term user retention. All will be integrated with the app in a few months, so don’t worry about it at all.

One hint: for new users who need to claim PoPP tokens with their SDs, guess where they are able to do it?, in the app.

Q9: when will the code audit be released and are there any plans for antisybil?

Andrew:

The audit is still ongoing, because of the size of our contracts. We will reveal the report to everyone once it’s done. I can’t tell an exact date, but definitely within August, regarding anti-sybil, yes we do have some strategies, but will be reasonable enough. We consider the supports from our users are the most important thing, so most of you will not be effected.

Q10: After TGE, will the TBA still be in use or is it just for SocialSummer?

Andrew:

TBA is a long-term thing it will be available forever. During Social Summer, you can get a permanent TBA at low cost,

after social summer you can only get it at a higher price. Next year, you can only get TBA with subscriptions , which means new holders need to pay every month. The reason is simple: TBA holders can earn rewards, tokens, USDTs, NFTs. Continuously, our team regularly onboard 4–5 projects every week guys. Each one of them will provide rewards for our TBA holders, so mint as many as you can while you still have this chance. TBA is transferable.

Q11: Will the 1 BTC prize pool be won by one person or several winners share it?

Andrew:

The 1 BTC prize is for one winner. Others can win minor prizes. Overall prize pool is really huge.

Q12: Will TBA holders receive a separate airdrop during TGE? In addition to SD mining。

Andrew:

People who hold TBA will get more airdrops than those who don’t have TBA. Example If you have 10K SD, according to the airdrop rules, you can get 1,000 TOKENs. If you also hold TBA, you will get a bonus. I can’t determine the specific bonus ratio yet, but it is at least 100%.

Q13:Can you explain about the Eth box?

Okay, so 10% of the ETH prize pool of Social Summer, will be distributed to all ETH box winners.

And yes, random. It all depends on your luck.

Conclusion: The community is the biggest driving force for the vigorous development of PoPP. We sincerely absorb constructive opinions and suggestions from users. If you do not get the answer you want in the above discussion, please feel free to contact our administrator at any time! We will do our best to serve our users ❤️ From PoPP

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