At 20:00 on June 3, Qicai Research Institute and Lexit shared practical information in the Qicai Research Institute live broadcast room with the theme of "Lexit One-click to Create Your Own NFT Works". Host: Qicai Research Institute Ice Cream, Sharing Guest: AMIR KALTAK CEO & Founder LEXIT. The following content is provided by Lexit and compiled and published by Qicai Research Institute. Colorful Research Institute Ice Cream: Good evening everyone, I am the host of tonight’s live broadcast room. Thank you to all the friends from Colorful Research Institute for meeting us on time. Let us welcome guest AMIR KALTAK from Lexit to visit Colorful Research Institute, and let us enter today’s AMA theme event. Caroline: Today we are honored to have Lexit CEO&Founder AMIR KALTAK as guests at our Qicai Research community. Let's enter into today's AMA theme activities. Q1. Caroline: To start off this AMA let's give the audience a brief description of what LEXIT is? Q1. Ice Cream, host of Qicai Research Institute: At the beginning of the AMA, could you please give us a brief introduction to the basic situation of the Lexit project? A1. AMIR KALTAK: LEXIT is a full service #NFT & DeFi platform that tokenizes, launches and enables trading of intellectual property rights from Arts and Inventions. The platform will allow anyone who owns the copyrights to art, movies, TV Shows, characters, patents and technical inventions or Collectibles to mint and launch NFTs and have these immediately in liquidity on the integrated LEXIT DeFi Pools. - LEXIT brings NFTs to DeFi by offering a decentralized finance platform where users can submit their intellectual property and mint tokenized NFT versions of their artwork, music, etc. These NFTs will then be launched through the LEXIT NFT Launchpad to the general public. - Newly minted NFTs will be promoted as an initial NFT offering through LEXIT's NFT Launchpad. The NFTs will then be available for direct purchase or added by LEXIT pool Managers to various DeFi pools on the platform. - Anyone owning intellectual property rights (IPR) to their artwork, music, film/videos, inventions, etc. may submit a listing for approval on the platform free of charge. If approved, the IPR enters the NFT Launchpad as an NFT client. - The NFT offering will be available on the NFT client's scheduled launch day to pre-subscribed LEXIT platform users who must perform social media tasks on behalf of the NFT client to increase the popularity of the offering. - LEXIT will also be coming out with its own Protocol, which we are currently far in development with & will call it the LEXNET. The LEXNET is a high performance Blockchain, which is fully compatible with Ethereum and the Binance Smart Chain Protocols. First tests predict a Hash-Rate of at least 32000 TPS and further scalability. A1. Guest: LEXIT is a full-service NFT&DeFi platform for marking, issuing and enabling intellectual property transactions of art and inventions. The platform will allow anyone who owns the copyright to art, movies, TV shows, characters, patents and technological inventions or collectibles to create and launch NFTs and immediately flow in the comprehensive LEXIT DeFi pool. -LEXIT brings NFTs to DeFi by providing a decentralized financial platform where users can submit their intellectual property and mint-marked NFT versions of their artwork, music, etc. These NFTs will then be released to the public through the LEXIT NFT Launchpad. - Newly minted NFTs will be promoted as initial NFT offerings through LEXIT’s NFT Launchpad. NFTs will be available for direct purchase or added to various DeFi pools on the platform by the LEXIT pool manager. - Anyone who owns intellectual property rights (IPR) to their works, music, movies/videos, inventions, etc. can submit a listing for approval on the platform for free. If approved, the IPR will enter the NFT launch platform as an NFT client. - The NFT product will be made available to pre-subscribed LEXIT platform users on the NFT client’s scheduled release date, who will have to perform social media tasks on behalf of the NFT client to increase the product’s popularity. -LEXIT will also launch its own protocol, which we are currently developing and calling it LEXNET. LEXNET is a high-performance blockchain that is fully compatible with Ethereum and Binance Smart Chain protocols. The first tests predict a hash rate of at least 32,000 TPS, which can be further expanded. Q2. Caroline: Who is the team behind LEXIT? and what is their experience? Q2. Qicai Research Institute host Xuegao: Who are the team members behind LEXIT? And what are their experiences? A2. AMIR KALTAK: LEXIT AG is a Swiss Corporation with an impressive management team bringing many years of blockchain, software, business development and finance industry leadership experience to the project. LEXIT has 3 Founders. LEXIT was founded by Amir Kaltak (Founder, CEO), Katia Zaitsev (Co-Founder, CBO) and Frederik Prins (Co-Founder, COO). LEXIT started as a project back in 2016 where Amir was trying to monetize on his IPR from tech he created to fund a new idea. He then immediately realized that there is no such place where he can do that, that was when the idea of LEXIT was born. He instantly thought - what if it were possible to tokenize IPR and make it widely available via a Blockchain ? The idea grew & evolved into the next logical step - a protocol that had the needed performance and flexibility, our LEXNET is the result. Now all that was great but it would be even better if our user could easily access liquidity and so Ferhat (CTO), Frederik and Katia worked hard to figure out how it could be possible, the LEXIT DeFi Liquidity Pools were born. This is us, an powerful NFT Launchpad with integrated DeFi Liquidity on a novel LEXNET Protocol. Amir is a serial entrepreneur with 25+ years of experience who began coding at 7 years old. Katia specializes in Business development, Growth in Revenue, Corporate partnerships - with vast experience in growing revenue & developing businesses across various industries. Fredrik is in charge of Operations with vast experience in Banking & executive recruiting. While Ferhat, our CTO is a full-stack crypto Developer who began Bitcoin mining in Europe. One of the first. A2. Guest: LEXIT AG is a Swiss company with an impressive management team that brings many years of blockchain, software, business development and financial industry leadership experience to the project. LEXIT has 3 founders. LEXIT was founded by Amir Kaltak (Founder & CEO), Katia Zaitsev (Co-founder & COO) and Frederik Prins (Co-founder & COO). LEXIT started as a project back in 2016 where Amir was trying to acquire the IP from a technology he created to fund a new idea. He then immediately realized that there was no place that would allow him to do that and that’s when the concept of LEXIT was born. He immediately thought, what if it were possible to tokenize the IPR through blockchain and make it widely available? The idea developed and evolved into the next logical step - a protocol with the required performance and flexibility, and our LEXNET is the result. Now this is all well and good, but it would be even better if our users could easily access liquidity, so Ferhat (CTO), Frederik and Katia worked hard to figure out how to make this happen, and the LEXIT DeFi Liquidity Pool was born. This is us, a powerful NFT launchpad with integrated DeFi liquidity on a new LEXNET protocol. Amir is a serial entrepreneur with 25+ years of experience and has been coding since age 7. Katia focuses on business development, revenue growth, corporate partnerships - with extensive experience in revenue growth and business development across different industries. Fredrik has extensive experience in banking and executive recruiting and is responsible for operations. And our CTO Ferhat is a full-stack crypto developer who first started Bitcoin mining in Europe. Q3. Caroline: How is it different from other NFT launchpad platforms? Q3. Ice Cream, host of Qicai Research Institute: How is LEXIT different from other launched NFT platforms? A3. AMIR KALTAK: The journey begins with an Artist or Inventor creating an NFT via our LEXIT platform; and it continues with their NFT being offered on our NFT launchpad to who wishes to participate. While everyone simultaneously supporting the Artist or Inventor, our users are obtaining NFTs that could be of great benefit to themselves. We take a different approach from other NFT platforms who approach minting NFTs as a 'mint and done' process, without the support or community. Our launchpad flips this on its head, giving artists and inventors an ideal, public, promoted platform to get their work seen by as wide an audience as possible. We also benefit from a deeply hands-on team that is passionate about the DeFi and NFT space as a whole, and deeply motivated to make the entire sector thrive as a whole, spearheaded by the progressive and innovative lead of LEXIT. The power of LEXIT is that the new NFTs are immediately available on the LEXIT DeFi Liquidity Pools. The NFT client has not to provide Liquidity to make the NFT available for trading. Furthermore only on LEXIT many people will be enabled to participate on a single NFT being launched. LEXIT is the best combination of NFT&DeFi Liquidity. A3. Guest: The journey begins when an artist or inventor creates an NFT through our LEXIT platform; and continues to offer their NFTs to everyone who wants to participate on our NFT Launch Platform. While supporting artists or inventors, our users are acquiring NFTs that may be of great benefit to themselves. We take a different approach from other NFT platforms, which view the minting of NFTs as a "casting is complete" process without support or community. Our launch platform subverts this and provides artists and inventors with an ideal, public, and promoted platform for their works to be seen by as many audiences as possible. We also benefit from a deeply practical team that is passionate about the entire DeFi and NFT fields and actively promotes the prosperity of the entire industry under the leadership of LEXIT's continuous progress and innovation. The power of LEXIT is that new NFTs are immediately available in the LEXIT DeFi liquidity pool. NFT customers do not need to provide liquidity to make NFTs available for trading. In addition, only on LEXIT can many people participate in a single NFT that is being launched. LEXIT is the best combination of NFT and DeFi liquidity. Q4. Caroline:A:Why would artists looking to create NFTs use the LEXIT platform? B. How does this relate to DeFi liquidity? Q4. Qicai Research Institute host Xuegao: A. Why do artists want to use the LEXIT platform to create NFTs? B. How does this relate to DeFi liquidity? A4.AMIR KALTAK: A. Artists are heavily incentivized to mint their NFTs through LEXIT for a wide span of reasons; from our world-class hands-on team and developers who truly understand what consumers want and need from an NFT launchpad, to innovative products and services which don't just 'flow' with the NFT trend, they actively work to revolutionize and develop the NFT sector in its entirety. LEXIT's approach to intellectual property control via NFTs is exactly that, an innovative use case that pushes the boundaries of NFT technology and its real-world impact for millions of creatives around the world. On-chain verifiable intellectual property, in the form of NFTs, will revolutionize multiple previously unconnected sectors and funnel intense attention to LEXIT. The launchpad will provide continual exposure and support to artists, combined with our active and thriving Telegram and social media communities, providing our creators one of the healthiest, most incentivized platforms to mint on in DeFi. B. An NFT is not a replaceable thing - there is 1, we are unique, just one specific item in the world: - If you are selling NFTs, you have one item (or a collection of single items) - If you are making one, wholly individualized, how can you make it tradable? - What we are going to do in order to provide liquidity, is to sell its work or give access to that work. We are factoring that NFT - that specific item - into many other pieces, and these parts of the NFT are also tokens that we will then offer on the launchpad. Fractionalized NFTs to provide liquidity in DeFi. Yes - there is only 1 'whole' NFT that exists, but in terms of access, there will be many segments or pieces that allow partial ownership to be achievable by more people than previously possible. But in reality it's still one whole NFT - but it can be owned by multiple parties, allowing for greater decentralization. - Now that we can give more access to more people to one specific NFT, we can use this to create liquidity pools and make it tradable to a wider audience. A4. Guest: A. Artists are strongly encouraged to mint their NFTs through LEXIT for a variety of reasons; from our world-class practice team and developers who truly understand consumer needs and wants for launching NFTs, to innovative products and services that don’t just “flow” with the NFT trend, they are actively committed to innovating and developing the entire NFT sector. LEXIT’s approach to controlling intellectual property through NFTs is just such an innovative use case that pushes the boundaries of NFT technology and its real-world impact on millions of creatives around the world. On-chain verifiable intellectual property in the form of NFTs will revolutionize multiple sectors that were previously unconnected and focus attention on LEXIT. The launchpad will provide artists with continuous exposure and support, combined with our active and thriving Telegram and social media communities, to provide our creators with one of the healthiest and most motivated DeFi platforms. B. NFTs are not fungible things - we are unique, there is only one specific project in the world: - If you sell NFTs, you have a single item (or a collection of single items) - If you are making a completely personalized product, how do you make it tradable? - To provide liquidity, what we are doing is selling its work or providing the right to use that work. We are breaking down NFTs (specific items) into many other parts, and these parts of the NFT are also the tokens we will offer on the launchpad. Subdividing NFTs to provide liquidity in DeFi. Yes, there is only 1 "complete" NFT in existence, and in terms of access, there will be many parts or parts allowing more people to achieve partial ownership than before. But in reality it is still a complete NFT - but it can be owned by multiple parties, allowing for greater decentralization. - Now that we can give more people access to a particular NFT, we can use it to create liquidity pools and make it tradable to a wider audience. Q5. Caroline: Merging an NFT Launchpad with DeFi liquidity provisions is unique - has this ever been done before, and why should people be excited for this? Q5. Ice Cream, host of Qicai Research Institute: It is unique to merge the launched NFT with DeFi liquidity terms. Has this been done before? Why should people be excited about this? A5. AMIR KALTAK: So far no one has done that before, since most NFT launchpads are focusing on single NFTs on a single item, and do not have the ability to split an NFT and furthermore to enter liquidity pools on their own platform. We merge these two worlds together and allow our supporters to do the previously impossible, pushing the boundaries of both NFTs and DeFi. - We are very unique; LEXIT itself is just like an NFT-individual, unique, irreplaceable and here forever. A5. Guest: So far, no one has done this before, because most NFT startup platforms focus on a single NFT for a single project and do not have the ability to split NFTs and enter liquidity pools on their own platforms. We bring these two worlds together, allowing our supporters to do things that were previously impossible, pushing the boundaries of NFT and DeFi. - We are very unique; LEXIT itself is like an NFT individual, unique, irreplaceable, and exists forever. Q6. Caroline: What problem does LEXIT's platform aim to help solve in the NFT and DeFi sector? Q6. Ice Cream, host of Qicai Research Institute: What problems does LEXIT’s platform aim to help solve in the NFT and DeFi fields? A6, AMIR KALTAK: - Currently, DeFi and NFTs are almost treated as two entirely different sectors, and kept apart accordingly. With LEXIT, the opportunity for the merger of these two technology bases couldn't possibly be stronger! We're uniting the structure and decentralization of core DeFi operations with the creativity and on-chain verifiable nature of NFTs, all into one powerful, consumer-facing project. LEXIT. We're taking aim at the world of intellectual property, a world that affects many millions of creatives around the world, and providing a blockchain solution with easy and scalable user experiences and user interfaces to manage their intellectual property and creative output. This is a multi-hundred million dollar industry, encroaching billions, and affects music, film, television, writing, classical art and contemporary, modern art. The bounds of our reach is limitless, and the scale we will grow as a project is equally limitless as humans continue to create and innovate. -NFT success stories are currently driven by celebrities, people who are well off. We would like to open this opportunity to anybody and everybody with true talent, levelling the playing field for all participants and shining a well-deserved light on some of the hidden talent in the world, talent that would previously go unnoticed or bumped down the priority queue behind a rapper's NFT or controversial news. With LEXIT, everyone is equal, and everyone has a fair shot at success. - Furthermore, LEXIT ensures that once out there, the artists' NFT becomes a sought after item to be traded and to create value over time within our DeFi pools - it's not a one-time process like other platforms; with LEXIT, our creatives have multiple chances of getting their work seen by the right people at the right time. A6. Guest: - Currently, DeFi and NFT are almost treated as two completely different fields and separated accordingly. With LEXIT, the opportunity for these two technological foundations to merge couldn't be greater! We combine the structure and decentralization of core DeFi operations with the creativity and on-chain verifiable nature of NFTs into a powerful, consumer-oriented project. LEXIT, our goal is the world of intellectual property, which affects millions of creative people around the world, and provides blockchain solutions with simple and scalable user experiences and user interfaces to manage their intellectual property and creative output. This is an industry worth hundreds of millions of dollars, involving billions of dollars, affecting music, film, television, writing, classical art, and contemporary and modern art. Our scope of influence is unlimited, and as humans continue to create and innovate, the scale of our development as a project is equally unlimited. -NFT success stories are currently driven by celebrities, all of whom are wealthy. We want to open this opportunity to anyone with real talent, level the playing field for all participants, and give a well-deserved shine to some of the world’s hidden talents that would previously have been overlooked or pushed out of the priority queue behind a rapper’s NFT or a controversial piece of news. With LEXIT, everyone is equal and everyone has a fair chance to succeed. - Additionally, LEXIT ensures that once it appears, artists’ NFTs become sought-after items that can be traded in our DeFi pool and create value over time - it’s not a one-off like other platforms; with LEXIT, our creatives have many opportunities to have their work seen by the right people at the right time. Q7. Caroline:A. What is the purpose of the LEXi coin and how can it be earned? B. Will the use cases expand throughout the future? Q7. Qicai Research Institute host Xuegao: A. What is the use of LEXi coins and how do users obtain them? B. Will these use cases be expanded in the future? A7、AMIR KALTAK: - A. The purpose of the LEXi coin is primarily to create awareness to people coming to the LEXIT ecosystem - everything is powered by this coin, so to understand LEXIT, you start with the LEXi coin. The practical purpose is that you will need LEXi coin to participate on LEXIT, almost like a central enabler to all our products and services. As for how it can be earned? LEXi can be earned with upcoming staking programs or by participating in our DeFi liquidity pools, as a form of reward for participation. - Later, once our protocol LEXNET is fully operational - LEXi coins can be earned through operating a node within our blockchain for transactions. These are the 3 ways you can earn LEXi coins. A7. Guest:- A. The purpose of the LEXi token is mainly to let people know about the LEXIT ecosystem, everything is powered by this token, so to understand LEXIT, you can start with the LEXi token. The actual purpose is that you need LEXi coins to participate in LEXIT, which is almost like the core enabler of all our products and services. As for how to earn, LEXi can be earned through the upcoming Staking program or by participating in our DeFi liquidity pool as a form of reward for participation. - Once our LEXNET protocol is fully operational, you can earn LEXi tokens by running a node and making transactions in our blockchain. These are the 3 ways you can earn LEXi tokens. Q8. Caroline: What marketing strategies has the team decided to use to spread awareness and promote growth and use of the project? Q8. Ice Cream, host of Qicai Research Institute: So what marketing strategy did the team decide to adopt to promote and facilitate the development and use of the project? A8. AMIR KALTAK: We plan on using multiple resources. Everything from influencers to community contests and strategic partnerships. The main goal is to cultivate a genuine community with unique engagement. There are no shortcuts with this, we understand marketing is equally as important to a project as fantastic technology and this is a focal point for the entire team. A8. Guest: We plan to use a variety of resources and methods. From influential people to community competitions and strategic partnerships. The main goal is to cultivate a real community with unique engagement. There are no shortcuts, and we understand that marketing is as important to the project as excellent technology, which is the focus of the entire team. Q9. Caroline: A. What are your upcoming plans and initiatives? B. Outline what's coming next month, within the next 6 months, and after a year and beyond. Q9, Colorful Research Institute host Xue Gao: A. What are your next plans and programs? B. Can you outline what will happen next month, in the next 6 months, and in a year? A9. AMIR KALTAK: Well has LEXIT launched on Binance Smart Chain BSCpad on May 26th, 2021. Sold out in 45 seconds and had a 5 x over subscriptions. LEXi Coin has become available for trading on Pancake swap and on BitMart on May 28th. Soon after, we plan to list LEXi Coin on two other Top 5 exchanges. LEXIT plans to launch its NFT/DeFi platform during Q3 2021 and have it operational by the beginning of Q4 the latest. During this time, we will open the LEXNET TestNet. We expect LEXNET MainNet to be live in Q1 2022 and soon after put it open source for everyone to use. We are on schedule for all these timelines with the expectation to beat the timeline above. LEXIT is just getting started and rolling out an intensive program of announcements, partnerships, developments and more, including increasing brand awareness, and closing interesting partners moving forwards (such as our partnership with Toazted). As fun as an IDO launch is, we're just excited to hit the ground running and move forwards with a post-launch roadmap that allows LEXIT to well and truly thrive. Once that's achieved, our next immediate target is the launch of LEXNET. To expand on our Toazted partnership, Toazted Media BV and LEXIT AG have signed a partnership agreement, where LEXIT will explore tokenizing the footage and interview assets of Toazted within their archive. Paul van fed Vlist, CEO of Toazted, said: “NFTs will have a big influence in the future of the music industry; as Toazted it's crucial to gain knowledge in this field. LEXIT has been a reliable partner over the years, so it's only logical to come together on this exciting new development.” Toazted is an interview archive, hosting thousands of audio and video interviews with the music starts people most launch. Part of the Toazted portfolio can be seen on youtube, VEVO, Apple TV, and many other platforms. Their interviews have been used in many music documentaries such as the Oscar winning Amy Winehouse movie, the Coldplay movie, the Oasis movie, and more. A9. Guest: LEXIT was launched on Binance Smart Chain BSCpad on May 26, 2021. It sold out in 45 seconds and subscriptions increased 5 times. LEXi Coin was traded on Pancake Swap and BitMart on May 28. Soon, we plan to list LEXi Coin on two other top 5 exchanges. LEXIT plans to launch its NFT/DeFi platform in Q3 2021 and be operational by early Q4 at the latest. During this period, we will open the LEXNET testnet. We expect the LEXNET MainNet to be online in Q1 2022 and will soon be open source for everyone to use. We are on track to meet all of these timelines and expect to exceed them. LEXIT is just getting started and has an intensive schedule of announcements, partnerships, developments, etc., including increased brand awareness, and close interested partners (such as our partnership with Toazted). As interesting as the IDO launch was, we are excited to kick off and advance the post-launch roadmap that will allow LEXIT to truly thrive. Once that is achieved, our next immediate goal will be to launch LEXNET. To expand our Toazted partnership, Toazted Media BV and LEXIT AG have signed a collaboration agreement whereby LEXIT will explore tokenizing Toazted’s footage and interview assets in its archive. Paul van Fed Vlist, CEO of Toazted, said: “NFTs will have a major impact on the future of the music industry; as with Toazted, access to knowledge in this field is vital. LEXIT has been a reliable partner for many years, so it was a logical decision to join forces on this exciting new development.” Toazted is an interview archive that hosts thousands of audio and video interviews featuring the music people release most. Part of the Toazted portfolio can be seen on youtube, VEVO, Apple TV and many other platforms. Their interviews have been used in many music documentaries such as the Oscar-winning Amy Winehouse film, Coldplay, Oasis and many more. Caroline:OK, thank you very much for sharing project with our community and we all are having a more comprehensive understanding of LEXIT. The next section is Q&A. If you have any questions about LEXIT, please feel free to ask about it. Ice Cream, host of the Colorful Research Institute: Okay, thank you very much for the wonderful sharing of the guests. We have a new understanding of LEXIT. If you have any questions about LEXIT, you can ask your questions in the free question session. The guests will randomly select questions to answer. Q1:Does Lexit have a community development plan? A good project cannot be achieved without the support and development of the community. What is the plan for community development? Is there a community round for tokens? Q1: Does Lexit have a community development plan? A good project cannot be separated from the support and development of the community. What is the community development plan? Is there a community airdrop of tokens? A1:The community is EVERYTHING to us, we need to grow it and we are growing everday. We do two AMAs in our Telegram every week and many more action. A1: Community is important to us, we need to grow it, and we are developing it every day. We do AMA twice a week in Telegram, and there are more actions. Q2:Trust and security are very important in any business. What makes investors, customers and users safe and reliable when dealing with projects? Q2: Trust and security are very important in any project. What is it about the Lexit project that makes investors, customers, and users feel safe and reliable? A2:My team and me are working since 2016 on our technology, just google us, you can trust us friends. A2: My team and I have been working on our technology since 2016, just Google us, friends can trust us. Q3: Is there an incentive for the Lexit market in the future? Q3: Will there be any incentives for the Lexit market in the future? A3:Yes. everyone will need LEXI to buy NFTS and do DEFI on LEXIT.com. A3: Yes. Everyone needs LEXI to buy NFTS and do DEFI on LEXIT.com. Q4: So what's the plan for the future? What's the next milestone lexit has set for itself? What is your development blueprint for the next few months? Q4: So what are the plans for the future? What is the next milestone that Lexit has set for itself? What is your roadmap for the next few months? A4: first in a few weeks we will announce our STAKING of LEXI Coin with HIGH rewards. A4: In a few weeks, we will first announce staking LEXI Coin with high rewards. Q5: What is the target market for LEXIT? What are your fast-growing plans for users, global markets and partners? Q5: What is LEXIT's target market? What is your plan for rapid growth in users, global markets, and partners? A5:the whole world but with you people we want to wake up Asia to realize how powerful and profitable LEXIT will be soon. A5: Our goal is the whole world. We hope to wake up Asia with you to feel how powerful and beneficial LEXIT will soon become. Snow Ice, host of Qicai Research Institute: Due to time constraints, this AMA is about to end. We will continue to share more project information in the group. Thank you AMIR KALTAK for sharing today, and thank you all for participating. The whole process is full of useful information. This event is co-organized by Qicai Research Institute and Lexit. With strategic support from multiple media outlets, thank you to all my colleagues for your support. See you in the next episode in the Qicai Research Institute’s live studio. |
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