AMA Summary β 6th October 2024
Team Introduction:
Dom B: Spokesman & Off-Chain Finance. Handles AMAs, tutorials, budgets, and forecasts. Chartered Accountant from a βBig 4β firm.
Jonathan: Lead Community Manager, the first point of contact for community questions and feedback.
RJ: CMO. Manages marketing, KOL onboarding, and partnerships.
Eliasb: Marketing Manager. Supports RJ and manages stakeholder relations.
JamesRGB: Chief Tech Officer, responsible for Maze blockchain growth and maintenance.
Wheen Moon: IT Lead & On-Chain Finance. Handles blockchain maintenance and on-chain accounting.
Mr. K: CEO & Project Leader.
Unique Features:
75,000 TPS & 400ms transaction speed on the newly released mainnet.
Developer support includes tech assistance and marketing for approved projects.
Geo-staking allows users to earn rewards through real-world check-ins.
Upcoming bridge with unique features (more info to be shared soon).
Tokenomics:
Total supply: 10m
Circulating supply: 7m
Rewards supply: 1m (primarily for staking).
Team allocation: 600k (vested, none sold).
Partnership allocation: 400k.
CEX allocation: 1m.
ETH-chain buy/sell tax remains at 5%, with the contract renounced.
Community Focus:
Community feedback shapes development (e.g., Maze website updates).
Referendums drive decision-making (e.g., contract renouncement).
Community-driven competitions like the Fantasy Premier League.
Builders/testers sourced directly from the community for Testnet.
Geo-Staking:
A novel feature allowing users to earn bonuses by checking in at real-world locations.
Planned activities include attending environmental clean-ups for extra rewards.
Geo-staking aims to add a social and environmental dimension to Layer 1 technology.
Beta release planned after internal tests.
Near-Future Plans:
Native staking with double the rewards compared to the ETH-chain staking (20% APY with a 15-day lock period).
Launching a bridging platform that saves on fees and offers unique features.
Geo-staking Beta to release by the end of the year.
Increased marketing efforts following mainnet launch, with collaborations with KOLs.
Q&A Highlights:
Roadmap Update: Yes, website and roadmap updates will be made in the week starting October 7th.
Developer Attraction: Developers receive technical support, project audits, and marketing budgets for approved projects.
Blockchainβs Purpose: Open to all types of projects, without preference for specific industries like gaming.
Geo-staking Location: Users can stake from any location, though geo-staking provides additional rewards for specific check-ins.
Development Timeline: Maze blockchain has been in development since May, with mainnet launched in just over 4 months.
Maze vs. Other Chains: Unique features like geo-staking and native bridging are key differentiators.
Market Cap Goal: No specific targets, but growth is expected through unique features and user engagement.
Financial Backing: No institutional backing, entirely developed by the core team.
Marketing Budget: Increased marketing planned post-mainnet, with interest from key influencers already noted.
Team Commitment: The core team is working full-time, with long-term dedication to Maze. The teamβs tokens are vested, and thereβs no short-term plan to sell.