Crypto Wizards AMA With Rainmaker
Guest: J D Seraphine
1. Could you please provide a quick self-introduction for the community?
Ans:Certainly! Our parent company Vision Tree is focused on transforming the world with media and technology. On the media side we finance and produce film and TV scripted and unscripted. Our largest media project is Atari, a $40 million film that we are producing with Leonardo DiCaprio. We came into the Blockchain sector about five years ago to explore how to utilize the technology to disrupt the media industry, and once I came in I realized the potential for the empowerment of all humans and also the potential for it to solve so many major global issues. Since my main passion is impact we started looking at how to develop technology that could make a difference in the world and started to build Raiinmaker four years ago with the purpose of democratizing the distribution of social capital.
2.Can you briefly introduce the project RAIINMAKER what are some of utlities of your token ? How do you think you stand out among the competitors if there are any?
Ans:Raiinmaker is the web 3.0 social creator economy platform that is going to bring the masses into crypto. Built on a hybrid blockchain architecture, utilizing a proprietary algorithm that we built called Proof of Influence, we track social engagement and value driven by users from our net work and reward them with crypto and NFT‘s on Web 3.0. We have built a system to democratize the social creator economy, and to reward users with crypto and NFT‘s from over 20 Blockchains that we have integrated with.
Essentially on raiinmaker you create content, share it on social, and stack Crypto and collect NFTs.
The $COIIN token is used to power all of the campaign smart contracts and network level rewards on the raiinmaker platform. Also users are able to use it to stake for greater rewards and also to level up their utility NFTs that multiply the crypto earnings they gather on the platform for the Create to Earn Social Sharing.
3. Can you share the achievements the team has made so far ? what are the major achievement target that is yet to achieve . If possible also share your roadmap.
Ans:This is a great question. So on the Raiinmaker Network a user creates content and shares on social media networks.
We completely built the system that tracks the data from that web 2 social engagement and hashes proof onto the Bitcoin network, Ethereum network, and Binance smart chain. Those immutable hash proofs are used to distribute crypto and NFT rewards to the Raiinmaker users based on the amount of engagement they drive.
We have had over 15,000 app downloads since we launched the public version last July with a charity initiative called #GlobalFieldDay.
On the Crypto and NFT rewards side we have integrated 29 blockchains. This year we intend to integrate up to 40 Blockchains so that users will be able to earn crypto and NFT rewards from almost all of the major chains and almost any token on the planet.
We also will be launching our own NFT collections that have utility on the raiinmaker network giving users higher earning power and larger yields when they hold the NFT ‘s and stake more of their tokens.
$COIIN TOKEN TGE is coming in March as well 🚀
4) Could you share a bit about security and also what benefits you provide as incentives to users choosing your platform?
Ans:In terms of our Token contract security, we completed an audit with Zokyo labs which can be viewed online. Our CTO has worked with many top companies in the world of blockchain so needless to say our architecture is very secure :-) we also have a special emphasis on making sure any user PII is stored with an industrial grade 3rd party secured solution.
On the raiinmaker app, users create to earn by sharing their content on social and then they are rewarded with Crypto and NFT’s. They can do this simply by sharing whatever content they choose daily to their social channels, or by participating in specific campaigns for projects, companies, or charities. Also on the network level we are tracking everybody’s participation in the platform and every 28 days when tokens are minted we are distributing them to the users who are generating value based on their contribution to the network. Then there is an internal staking mechanism that tracks the amount that they withdraw versus the amount that they keep in the network and heavily rewards them for keeping their value on the Raiinmaker system.
5.Whats the total supply of the token ? Could you share a detailed tokenomics of mainnet token’s supply distribution
Ans:Every 28 days our system tracks all of the social action created by Users on the Raiinmaker network and then mints a certain number of new tokens into circulation based on the actual value users have generated. The number of tokens is never less than 1 million and never more than 25 million regardless of the amount of social interactions which obviously in the not too distant future could be in the billions. Then the majority of those tokens are distributed to users who are creating and staking the value on the network.
So in the worst case scenario it will take us approximately 80 years to mint our token supply and the fastest it would mint is approximately 4 1/2 years
1)what are the advantages of using your Platform and is it friendly for beginners like me? Also, what is your most important next priority? Do you have enough funds and strong community to achieve the goal?
Ans:We built Raiinmaker to be user-friendly enough so that any person on the planet could participate in joining the crypto revolution simply by transferring the value they create on web 2 social into web 3 via raiinmaker.
Our next most important priority is to ensure that we have a strong token launch next month to ensure that we have a strong token ecosystem to support Raiinmaker and its users. In terms of product or next priority is to roll out the launch of our utility NFTs which will begin whitelisting next month as well.
We have raised nearly $5 million to date in our private sale from institutional crypto VCs, so definitely enough resources to build a community and launch to our goals.
Majority of investors are focused on the price of the token in short term instead of understanding the real value & usecase of the project. Could you tell us the benefits for investors to hold in long term?
Ans:We already have a product filled even prior to launching our token on any public markets. I believe that gives us an advantage over many projects in terms of creating real adoption for the token and system. Also anyone who knows me knows that I’ve always got a number of things up my sleeve that are only going to increase the value of the Raiinmaker network and token significantly over time, so those who sell early will probably be quite disappointed that they didn’t have diamond hands 🤠
3) Does RAIINMAKER have an Ambassador Program. If yes, how to join and what are the requirements if I want to join your ambassador program??
Ans:Yes we have an ambassador program! Please submit via email to email@example.com and also follow our social channels for more announcements regarding that soon!
4) How can i contribute or be a part of #GlobalFieldDay? Is there any criteria for me to follow and obey?
Ans:You can go to www.GlobalFieldDay.com and donate still to the charities that we are supporting that focus on youth empowerment, climate change, and entrepreneurship. The social media campaigns will kick off in year 2 this summer
5) Collaborations and partnerships are some of the most important cornerstones to help improve adoption. Can you tell us about your current partners, plans for partnerships and what everybody stands to gain from these partnership??
Ans:We have partnerships that we will announce over the next month with some of the biggest Crypto companies and layer one Blockchains in the space. Considering we are integrated with 29 block chains, there’s a lot of synergy for us to collaborate with almost any project in the space creating real rapid growth and value for both sides in a partnership.
1)I want to buy your token.
where is it listed....
OR Any Exchanges??
Where can I buy your tokens right now?
Ans:The TGE will be next month, so you will be able to get it on at least two of the exchanges that you listed :-) follow our social channels for the announcement so you can get in early 🚀
2) NFT is a hot topic right now, Do you have any plans to add NFT’s to your ecosystem? Do you have any NFT plans and its integration ahead in the roadmap? ▶
Ans:We are in the process of creating our Genesis drop of Raiinmaker utility NFTs that not only will be cool PFP for the user made by dope artists, but also will have significant utility on our system. With the Raiinmaker NFT you will earn multiplied Crypto and NFT’s rewards for sharing on social media from our net work and also a larger stake of Coiin tokens that are minted every 28 days. Users will be able to spend and stake their tokens to be able to level up the NFTs similar to a lot of cool gaming NFT’s projects
3) What are the key milestones on Raiinmaker - both things you have already achieved and things that we can look forward to? Any partnerships and short/long term technical milestones that you want to talk about or bring some attention to?
Ans:The completion of our beta launch in 2020, public launch in 2021, the completion of our inter-chain reward system that is integrated with 29 blockchains for Crypto and NFT’s rewards, and the completion of our proof of influence algorithm hashing social data onto multiple public Blockchains are all highlights of milestones that have been achieved. Also we have over 15,000 downloads since we launched the public app in July. Further enhancing our social integration, rolling out utility NFT‘s, and continuing to strive to improve product and token adoption are all key to the roadmap this year.
4) The DeFi space is very young and changing rapidly. I have a question: how flexible is Raiinmaker design and tools for adapting to changes in the Decentralized Finance ?
Ans:We believe in an iterative approach to developing technology and also we have chosen to integrate with many different block chains because we believe the future is open asset, with digital assets moving between different chains. There are many things in development that have yet to be announced by our team, and we are constantly pivoting based on the shifting landscape in the Crypto and DeFi space.
5) The cryptocurrency market is increasingly competitive, especially Defi. What is Raiinmaker unique "selling point"? and how will you take advantage of it?
Ans:We are really built for mass adoption, not just from people who are already in the crypto community, but for everyone on the planet. We can be the bridge that brings many new people into the digital asset space utilizing social media web two and a transfer of that value to Web three via raiinmaker as the way forward. We believe that everyone is a creator and should receive a fair share of their value from the social media content that we are all sharing every day. With our Create to Earn model we are rewarding users and crypto, NFT’s, and digital gift cards from over 300 global brands making it so that anyone can participate in Raiinmaker.