Recap of IQONIQ Community AMA

*** AMA begins ***

Kazim Atilla :
We are busy with many different verticals of the business for the following months:
1) finalising our funding round,
2) getting ready for the marketing and promotion plan to be initiated for the IQQ,
3) To get more known in the Blockchain and Crypto sector with our project,
4) signing more partners for our App,
5) preparations for the global launch

Kazim Atilla :
We have done a lot of what’s outlined in our business plan, and have seen a major growth on everything. We have a full marketing plan ready which needs to be initiated. Also we have negotiated many new partnerships and with many others we are in far advanced negotiations. We are also in advanced negotiations with different investors, but sadly due to the holiday season we are in, things are going a bit slow and hope to pick this up to a higher level asap. So there is for sure a lot of things happening behind the scenes here at IQONIQ.

Kazim Atilla :
Hi Daniel, as mentioned many times before, we can’t push the price as this is all based on what the market does. What we are going to do is to have more marketing and promotion of the IQQ Tokens and introduce our project more and better in the blockchain and crypto sector. We have a solid plan for this and will start the moment we have finalised our funding round. We are sure that once we have finalised our funding round and everything start to be initiated and all news comes out then things will be for sure better.

Kazim Atilla :
The negotiations are going well, and we are not just going for the liquidity for Uniswap and other exchanges but also and mainly for the entire business. This is very important for the overall success of the project and the IQQ ecosystem.

Kazim Atilla :
This is for sure an important question reference interest for new users and achieve mass adoption! Yes it has been for sure not easy for us, and for many other companies around the world. Sadly we started at the worst possible moment, which was at the start and then middle of the covid crisis. But it is what it is and we have to work harder and better to get where we need to be. As mentioned in my previous replies, we have a solid marketing and promotion plan which we will introduce our project and IQQ Token better and more in the blockchain and crypto sector. We are also busy with several events, whereby our tokens will be used so that we can showcase the usage of the IQQ Tokens, and that it will have all the potential of achieving mass adoption!

Kazim Atilla :
Hi Eduardo, we will send an email very soon about this to all the people who have staked. We are also preparing a new staking opportunity for everyone, and which will be announced very soon.

Kazim Atilla :
Hi Dany, yes sadly the EUR 100 million deal was halted because of the covid and some other reasons, and yes as you can see in the April 2021 update letter I had referred to this investment. We had “closed” a new investment around in the end of the 2nd week of May, but due to things which had happened we have lost this deal. The roadmap we had shared with the community was based on this investment which we had “closed” in May and sadly due that it was not initiated around the end of May/beginning of June we have not been able to fulfil several things so far which we were going to do as outlined in the roadmap. We are very busy to finalise our funding round, so that the project and the road map can and will be implemented.

Kazim Atilla :
I wanted to reply this question related to staking, as this refers what’s happening in the market and that it also support the token and rewards the community. As mentioned above, we are very busy to finalise our staking plan and will share it with the community asap. We believe that we have created a very nice staking plan which will reward the token holders in the best possible way and at the same time it will help the company as well, so that we can get stronger and better together.

Kazim Atilla :
This is an interesting question. IQQ is part of the bigger project, which is of course our App and the overall IQONIQ fan ecosystem. When we have reached millions of downloads from the global sport and entertainment fans which would be a great start, then we will be very happy as a team. The IQQ Tokens will be an integral part of the App and the broader IQONIQ fan ecosystem, so we look forward that it will be used in the best possible way and which the IQQ Tokens will be also a success when it will be used by the bigger audience. This is also the reason that we are working on different verticals which will support the entire vision and mission of the business and the IQQ user cases.

Kazim Atilla :
We have answered this many times during our AMA’s but thought will answer this question again. The answer is NO, as what Chiliz does is issuing Fan/Club tokens and we don’t do that. We don’t compete on their business of issuing every time new Fan/Club tokens when they sign a new partner. You could already see last season that we partnered with the same club and or team. We also cant prevent one of our partners to close their Facebook, Instagram, Twitter and other accounts. We are another podium/platform where each of the sport and entertainment clubs/teams can use our platform as they would use all the other platforms. The only difference is that we are focusing 100% on all sports and entertainment in our platform and the others which I had mentioned does everything. So in short, we can use the same clubs and teams as they have and they can use the same clubs and teams as we have.

Kazim Atilla :
The IQQ token is part of the broader IQONIQ fan ecosystem, so yes it’s an important part of the overall project. As mentioned above, the vision is that the IQQ tokens will be used as a mass adaption in the broader IQONIQ ecosystem, and we have worked very hard that this can and will happen. The mass adaption of the IQQ tokens will then automatically grow the App, the project and company overall, so as you can see it’s for sure an important part of the overall project. As I always have said, the IQONIQ Loyalty Points and IQQ Tokens are like the frequent flying program of many airlines and hotels etc, and their main business if of course the service they give but the their loyalty program will add value to the growth of their business as they keep their loyal customers happy with rewards and the customers comes back to them for that and of course also for their service.

Kazim Atilla :
We have not launched the app yet, so there is no need for a relaunch as you have mentioned. But as mentioned in your question, it’s very important that we do the launch in the best possible way so that we get the greatest possible downloads of our App. We have seen many apps which have launched their application in a “silent” way and they have been struggling for many years to get as many possible downloads which is important for their business. We have many good plans to introduce our project and App in the best possible way, and once we are ready to launch the business we will share it with the community also. This will also help the global adaption of the IQQ token, as the more people who use the app the more people will be able to use the IQQ tokens in the iQONIQ ecosystem!

Kazim Atilla :
We are in far advanced negotiations with different investors and also speaking every week with several new ones. We cant announce anything until we have closed a deal with one of them. We are also working on other different plans which will give the company good funding and at the same time global marketing, and hope to share this also with our community soon.

Kazim Atilla :
Yes for sure, as the last 1 month we were busy to change our community management team and it took a bit longer to start the team. We are sorry for the inconvenience in communication in our community group this has caused. Now that they have started, they will do their best to have a solid open communication channel with our community. Yes you are right that our strategy so far was mainly doing the marketing on social media with posts of our partners, but based on our plans we will start introducing IQONIQ in the way of what it actually is. So it will be based on what the App actually does, what it can do for the fans and what you can expect as a fan of the App. As mentioned in my above replies, we will introduce our project better in the general sport and entertainment market, as well in the blockchain and crypto sector, and allowing people/fans to better understand what IQONIQ is and what they can expect from it. All of this is of course very important to have a better understanding how unique our offering is and what you can get from a fan point of view.

Kazim Atilla :
Thought this was an interesting question, even though it’s actually 2 but wanted to answer them both.
That you sometimes not planned or are ready of disastrous things that happens, like the covid. We knew that we had a very nice project and that there were many interested parties who were interested to invest in our project. Sadly due to the covid it has created for sure many different issues and hurdles, from missing out of the required funding and the delay in the launch of the App. This has caused a knock-on effect on our business and project overall. We would have done things for sure differently if we knew many other things, but that is the same for any other company or person that when they would know things beforehand that they would do things for sure differently.
The biggest challenge we have faced and are facing is having enough funds to support the big growth of the company. You can have an amazing project, but when you don’t have the funds required to support the launch and the tremendous growth of the company then you can get in problems. This was also the case for all the other successful projects which many of the people know, i.e. Tesla, Air B&B, Uber, Apple and many other very known companies. At the end, they found the money they needed and the rest is history as they say.

Kazim Atilla :

***AMA ENDS ***

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