Crypto Wizards AMA with Bolly Heroes

Crypto Wizard
6 min readNov 9, 2021

Guest: Vaishnav Thakur

Introduction

Q1) Can you give a brief explanation about 'Bolly Heroes' .What popped up in your mind to create such a platform in this space?

ans:Sure, Bolly Heroes is a limited edition NFT collection from a parallel Bollywood Heroes dimension called Bollyverse.

The worlds’ first community driven world where your NFTs will be the stars of their own movies, animated series, games and a whole lot more.

Bolly Heroes is building a Bollyverse, a parallel Bollywood world built in collaboration with real partners - production houses, music labels, brands, celebrities, gaming studios and animation companies.

Q2) what are your main features that discern you from other projects and what key advantages do you have?

ans:Sure, this one is interesting, The idea is that we are moving to a multi dimensional world, especially the AR / VR world where digitals and collectibles will have a special spaceAmazing what LOOT & BLOOT, Axie, BAYC etc. have achieved with the power of community and where we are headed collectively as a society.Our NFTs are not just a JPEG but a real project with real partnerships and a very accomplished and experienced team in entertainment, media, crypto.

What differentiates us?
1) Team - the teams being doing this for years. Like front page, star studded stuff on both blockchain and content.
2) 1st mover with such a concept
3) Clear roadmap
4) Ability to self fund or top up if required

I would like to tell you more about our NFTs here

There are 3 types of NFT’s to start with:

LEGEND NFT - 250 unique NFTs representing iconic scenes,characters and get ups from 50 years of history of Bollywood movies - the world’s largest film industry.

They do not represent any real characters or people but closely resemble all that Bollywood stands for.

These NFT’s grant 10% royalties to the holders of this Legend collection, earned on transaction fees, revenue, rewards and incentives (as described below) within the Bollyverse

HERO NFT - 10,000 unique programmatically generative NFTs with their own incentive and rewards. Each Hero NFT has different traits & attributes.

CELEB NFT - collaboration with real Bollywood artists & Influencers from time to time with rewards, incentives and participation rights for Legend and Hero holders.

Q3) How has the experience and background of your team been effective in the success of your project so far?

ans:The founder of this project runs a crypto fund in Singapore, is a major NFT investor (apes, lizards, Gems et all), and has built several blochain/defi projects in the past globally.

The co-founder runs a $500mm Asian media and entertainment business that makes movies, tv shows, animated series etc.

The team is led by CEO Mr. Ranjit Kumar who holds vast experience in managing, and executing tech projects in blockchain. Hence the team holds mammoth of experience 🙂

This has helped us to build collaboration, strategies & more

Q4)Now Share us about your NFT, What are the some of utlities of Bolly Legends in Your Ecosystem?

ans:Sure Legends are custom made by a premier animation company that celebrate the spectacular history of the world’s largest cinema market.

Only 250. 1 ETH each. MUST HOLD LEGEND NFT’S FOR CERTAIN FUTURE PROMOTIONS AND EXCLUSIVCE REWARDS
with 10% revenue share for lifetime.

HERO NFTs are 10,000 unique programmatically generative NFTs with their own incentive and rewards.

These Hero unique skills can also be pooled or traded by the community to commission projects. They also make 2.5% revenue share for life

REAL NFTs are made by and launched by celebs from around the world

Q5) So how long did it take to develop this project? What plans do you have for the future? And what can we expect from Bolly Heroes? If possible could you please share road map with us.

ans:We launched in August this year. Our pre-sale went live in September. Post that, our public sale went live in October 2021. In terms of partnership, we have already partnered with Polygon Studios and are looking forward to many such partnerships

As far as roadmap is concerned, I have that in detail 🙂

Here’s a quick guide 🙂

Twitter Segment

1 Security is so important with every project and platform. How does keep users' assets and personal data safe from hackers? What are the security measures for your #BollyHeros project?

ans:Sure

This is good question. We take safety seriously.

The first thing is team behind tech is experienced, who have been in the space for more than 5 years. They have previously development crypto exchange, Wallets, Supply chain platfrom & NFT marketplace. The 3 stage process of safety we follow.

1. Team having internal testers assigned to test platform, as first stage.
2. Internal team is assigned to bring out flaws, which has not been part of the development team.
3. External certified auditor is assigned to audit the whole process & contract

The 3 step strategy has helped us develop robust product in past too.

2. With the current market which development direction do you think is suitable for "Bolly Heroes " at the present time as well as in the near future? How will you make sure that they get goods return & Protect the Value of "Bolly Heroes " for them?

ans:The Bollywood itself has a lot of craze in world and south east Asia. hence, we are very much sure of it not going out of fashion 🙂

As far as return is concerned, I already shared the royalty one might earn with our NFTs 🙂

3. Bolly Heroes count with 250 Legend NFTs. What makes them so special to be considered a legendary type, like to make its value grow along time? How can I apply to be able to buy a legend token? Will there ever be more Legend tokens created or is this supply unmodifiable?

ans:As such, we haven't released any token for our NFTs. There's a reason why we call them legend 🙂

I explained that before 🙂

Meanwhile, Follow us on our channels for regular updates:

Telegram: https://t.me/bolly_heroes_official
Twitter: https://twitter.com/BollyHeroes
Discord: https://discord.gg/qzUKVrn9e8

4). Your project has great features. There must be an experienced team behind. Can you tell some about your team and their experiences in the market?

ans:Yes, the team holds vast experience. We have a cummulative experience of more than 100+ years which speaks for itself

5. What is the Future-Oriented Direction of the Bollyverse? What are the Features of Bolly Heroes NFTs?

ans:Most of the features have already been shared above, for further updates, do join our social media channels 🙂

We are very active there in community

Live Q&A

1 So many projects just like to speak about the "long term vision and mission" but what are your short terms objectives? What are you focusing right now?

ans:Right now the aim is to sell most of our NFTs, post that we have a roadmap in place 🙂

2 Can you share your social media links so we can keep ourselves updated?

ans:Follow us on our channels for regular updates:

Telegram: https://t.me/bolly_heroes_official
Twitter: https://twitter.com/BollyHeroes
Discord: https://discord.gg/qzUKVrn9e8

3 Currently from where i can buy ? Is it possible that I can get only by holding it?

ans:Do visit https://opensea.io/collection/bolly-legends

4 Which do you think is more important:

1. Community
2. Investors
3. Token Price
If all of the above is important to you, whiich should come first?

ans: Community and investors 🙂

They both are important for any platform

5There are some common core problems in cryptocurrency and blockchain, namely: Security, Excessive Volatility, Interoperability.... How did you overcome these problems? Can you share it with everyone?

ans:We have a smartcontract in place for this 🙂

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Crypto Wizard
Crypto Wizard

Written by Crypto Wizard

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