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Sunday, October 17, 2021
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MultiVAC Booster Partnership: AMA Recap

This post was originally published on polkamon

We introduced you to our new partner MultiVAC, by hosting an AMA (Ask Me Anything) & quiz on our Telegram channel on October 12th. For everyone who couldn’t participate, we summarized the whole AMA in this blog post.

At the end of the AMA, we did a quiz consisting of 5 questions. As always, it was a tight match, but one well-prepared winner received the futuristic MultiVAC Unipanda!

AMA Recap

Participants

  • Steve (CM) from Polychain Monsters
  • Eric (@EricMTV, Marketing) from MultiVAC

Questions

Steve: Here we go guys you ready @EricMTV

Eric: Hello everyone, happy to be here.

Steve: Great to have you with us, Eric. I will just dive right in with some Questions

Eric: Sounds good.

Steve: Can you please give an overview of what the MultiVAC Blockchain is?

Eric: You bet. MultiVAC is a next-generation public blockchain designed for large-scale and complex distributed applications. We also have the world’s first fully sharded blockchain with sharded transmission and storage. We also solve the blockchain trilemma by giving developers flexibility between decentralization, scalability, and security. We also have very high transaction speed and very low cost (.000021 MTV!) For example, we have our NFT Marketplace about to launch in the next few weeks which will be the first true DAPP on MTV. Then in November, we will be focusing on finalizing the Smart Contract Browser which will allow developers to migrate DAPPS onto the MTV Mainnet. Very exciting times for MTV!

Steve: That’s great, I will have to come and check the marketplace out when it goes live. How is MultiVAC different from all of the other blockchains out there?

Eric: I’m sure the community would love to see it, our community is also very excited.

Steve: I could feel the excitement in this chat prior to the AMA.

Eric: We are the only Blockchain that allows developers the flexibility to balance node distribution between decentralization, scalability, and security is the main highlight of MultiVAC, here are some other key things that distinguish us from other teams:

  • High TPS/Very low fees
  • Node operation: Very low computer requirements vs our competition. Some competitors use supercomputers in which an ordinary user cannot participate. Also, the requirements to run a node are very expensive to the normal user. With MultiVAC’s mainnet going live in June 2021, there is still much growth potential and it is a very promising project.
  • NFT Marketplace coming very soon as I mentioned above.
  • We have a Bridge to allow faster integration from other networks
  • Very active team that is open to suggestions and feedback
  • and the most important thing: we have a UNIPANDA!

Steve: Haha, yes I’ve tried to find one in boosters but failed badly 😂

Eric: My buddy opened a lot, he is determined to find one. No luck yet!

Steve: Why is Sharding important?

Eric: Sharding is the only practical and fundamental way to scale blockchain from the bottom up, while at the same time preserving its original intention of being a decentralized ledger open to everyone. It is also the only proven solution to sustainably improve TPS in a decentralized/secure manner.

Steve: Great to see you are thinking ahead and not just for the moment.

Eric: What else you got for me, Steve? =)

Steve: What is MultiVAC currently working on for the rest of the year?

Eric: Good question. We just released the Q4 Roadmap so ill get into that. In the next couple of weeks, we will release our NFT Marketplace as the very first DAAP for the MTV Mainnet. Along with the release of the NFT Marketplace, we will be air-dropping 1 NFT to every member that has 1M staked. So if they have 5 million staked they will get 5 NFT’s! The Airdrop will be a mystery box with several NFT’s that can be discovered. We also have some very exciting design artists that are interested in releasing their collections on our marketplace. More information to come on that! On to November. In November, we are moving forward with updating our Smart Contracts browser. We are updating MRC-721 and MRC-1155 and will be optimized with more functions. This will allow developers to start building DAPPS on the MTV Mainnet. This is the most important thing in MTV’s history as we will see our blockchain interacting with the community and growing our ecosystem. Many Dev events are in the works and will be announced in the future! In December, we move on to decentralizing with node operation. We will be releasing all of the documentation to run your own node as well as other features around staking pools, node servers, etc. So you can see. Lots of cool stuff in the works!

Steve: Plenty plans ahead then Eric. And our team and community are pumped about it! How can I buy MTV? Is there Staking?

Eric: You can purchase MTV on KUCoin, Pancake Swap, GATE.IO. And Yes there is staking. We currently just hit over 3B coins staked! The current APR is 17.4% and all members are welcome to participate in staking. More updates on node operation will be available in December. What’s cool about that 3B target. Is that our members that are staked will receive a 5% bonus.

Steve: 3B that’s just wow!

Eric: They are super happy about that

Steve: Always great to see some bonuses appear for sure Eric. Shall we open the chat for some community Questions?

Eric: Sounds good to me.

Steve: Get ready for a wave of questions, I will pause the chat after a few minutes for you to choose some to answer.

Open Questions

Q: According to the roadmap, what are your most important next priorities? Does your team have enough funds and a strong community to achieve those milestones?

A: Most important focus right now is the NFT marketplace which is set to go live here in the next couple of weeks. We are on track to hit all of these objectives that we have listed in the roadmap.

Q: Does your great project support a staking program? If yes. how is your stake system work, what is the requirement for users if they want to stake in your platform?

A: Yes we do. All you. have to do is send your tokens to the staking address. You can find that information here: e.mtv.ac/staking … And anyone can participate in staking!

Q: Do you have a user manual or short videos that would guide potential users of the project to safely navigate your platform?

A: Yes we have a youtube channel and many awesome community members have posted videos: Youtube

Q: From where did you get your project name? What is the main motivation behind your project? Do you have any stories to share?

A: The MultiVAC name comes from the name of the supercomputer in Isaac Asimov’s short story, The Last Question. This supercomputer was a normal computer just like the ones we use today, but in every epoch, it gradually grew and grew until it integrated with all the human souls in hyperspace. In every epoch, humans questioned MultiVAC with the same query: “How can the net amount of entropy of the universe be massively decreased?” but the computer was unable to answer. Eventually, as the universe reached heat death, the supercomputer ultimately found the answer. There was no one to report it to, so the supercomputer decided to demonstrate the answer, at the same time creating someone to declare it to. It declared, “LET THERE BE LIGHT!” And there was light…

Q: What social network does your community focus on, how do they know about your project? I want to join the community, where can I find it?

A: Telegram, Twitter, Reddit, YouTube, Facebook, Instagram … One second, let me get you an amazing link: https://linktr.ee/multivac_official

Q: How does this project increase the token’s value, liquidity, and utility? So that it can lead to an increase in token prices? What is your plan to make your project stable and provide the highest return for investors in the long term?

A: We are going to build the most amazing ecosystem in the world. That is our goal and what we are striving towards. Our flexibility, speed, and low cost will help us make that a reality. It is also very easy to use the bridge and integrate it onto the MTV Mainnet.

Q: Did you consider community feedback/requests during the creation of your product in order to expand on fresh ideas for your project?

A: Yes we highly encourage it. Our community has already given us some feedback on our NFT marketplace. We are focused on making a flawless product and then will improve design functions

Q: What is the total supply of your project? Where we can buy it? Are your plans to focus on the market or to grow the community?

A: Total supply is 10B, 2B has been set aside for the reward system. Our focus will be marketing and ecosystem growth as well as completing our Q4 roadmap objectives.

Community Quiz

Eric: Ok Steve, how is that, should I do a few more or is it quiz time?

Steve: I think the community is waiting for a chance to win this Panda, haha!

Eric: LET’S DO IT!

Steve: Thanks a lot for taking so much time to answer all of our questions! I really appreciate that. Let’s move to the Quiz. We’ve prepared 5 questions about MultiVAC for you today. The first correct answer will score a point. After five questions, the person with the most points will win. In case of a draw, we will ask a final question among the finalists. The winner will win a MultiVAC Unipanda. I will open the chat for everyone now. Please stay quiet until I will post one of the questions. Otherwise, we might ban you.

Q1: What blockchain trilemma does MultiVAC solve?
A1: Sharded blockchain with shared transmission and flexibility between decentralization, scalability, and security storage

Q2: What is the current transaction cost of MultiVAC?
A2: 0.000021 MTV

Q3: What exciting update is coming in November?
A3: Smart Contract

Q4: What is unique about node operation for MultiVAC?
A4: Low computer Requirements

Q5: When did MTV launch their Mainnet?
A5: June 21

Winner: @FoxyTheShiba

About MultiVAC

MultiVAC is a high-throughput flexible blockchain platform designed for large-scale and complex distributed applications. It is designed for performance and flexibility, pioneering a node selection model that redefines sharding and smart contracts.

MultiVAC can rightfully be proud to be the world’s first fully sharded blockchain with sharded transmission and storage. When it comes to the infamous blockchain trilemma, MultiVAC pioneers flexible sharding, allowing DApp developers the flexibility to trade-off between the impossible triangle of decentralization, scalability, and security.

MultiVAC Links

Web
Twitter
Telegram
Discord
Mainnet

About Polychain Monsters

Polychain Monsters are beautifully animated cross-chain NFTs with varying scarcity, waiting for you to be discovered in digital booster packs. These NFTs will play an integral part in upcoming off- and on-chain games. In addition, Polychain Monsters offers DeFi features such as ERC-20 & BEP-20 PMON, as well as NFT staking.

Links

Web
Discord
Twitter
Telegram
OpenSea (ETH)
SCV Finance (BSC)

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