Shibnobi AMA Meeting with CEO Cliff Fettner 09/07/2022

Shibnobi AMA Meeting with CEO Cliff Fettner 09/07/2022


-SHIBNOBI BRIDGE: The update to Shibnobi Bridge has been pushed until tomorrow. The team has found a few imperfections that they want to correct prior to releasing the new site.

-SHIBNOBI NFTS: To make up for the delay of the Bridge update, we have decided to reveal NFTs 3001 – 4000 early! If you own any of these NFTs, follow the steps below to reveal their characteristics:

  • Visit opensea.io and connect your wallet.
  • Go to your profile and select the NFT(s) that you want to reveal
  • Select your Shibnobi NFT, and then click on the “Refresh Metadata” button.
  • Wait a few seconds and then refresh the page.
  • Repeat steps 1-4 for each NFT.

-SHIBNOBI VERSE: As announced last night, those who own 50+ Shibnobi NFTs will receive priority benefits in Phase 1 of Shibnobi Verse. Cliff explained tonight that part of these benefits will be early access to buying plots of land.

In the Verse, there will be three tiers of land for purchase – standard, premium, and exclusive. Those who own 50+ of our NFTs will have first early access to buy standard or premium tier plots prior to Phase 1’s release!

Furthermore, the team will be releasing a staking website (apart from our upcoming staking platform) very soon. Those who stake their Shinja tokens (ETH or BSC) on this site will earn Shibnobi Credits, which will be used to purchase land in the Verse. These individuals will also be given second early access to purchase land prior to Phase 1’s release.

Phase 1 is now expected to release around the middle of November, giving holders about 8 weeks to rack up Credits through this staking system. If you decide that you are not interested in the Metaverse, these Credits can also be used within Shibnobi Play!



Open-Floor Q&A

Q: Do we have to buy more Shinja or can we stake what we already hold to earn Credits?
A: The team is still discussing this and will have an answer in a few days.


Q: Will this staking site be through a third-party provider?
A: No, this will be in-house. We will not be using other projects’ platforms to offer staking anymore.

Q: Will we be able to stake using multiple wallets on one account?
A: Yes.

Q: What will be the difference between the staking site and our upcoming staking platform?
A: The staking site will be used solely for earning Shibnobi Credits prior to the launch of Verse. Our staking platform will offer several different reward options depending on the staking pair.


Q: Will we be able to use Oculus headsets with Shibnobi Verse?
A: The team is working to make the Verse as realistic as possible, and still needs to evaluate which technology will be able to support it.

Q: What will be the APY for the staking site?
A: The team is still planning everything out and will likely have an answer sometime next week.


Q: With the low trading volume we’ve been having, how is Shibnobi doing financially?
A: We’ve been collecting revenue from alternate sources (Shibnobi Software, Shibnobi Studios, etc.) and have no concerns about financial stability at this time.

Q: Where will Shinja tokens used in the staking platform come from?
A: We still have a reserve of tokens in the Shibnobi Deployer wallet to be used for the staking platform. We are also building a system that will continuously fund the platform.


Q: Will it be possible to consolidate Shibnobi Credits earned through multiple wallets on the staking site?
A: Cliff will bring this question to the team.

Q: How will we be able to migrate to Shinja V2 if we are staking our tokens on the staking site?
A: The team will swap the V1 tokens in the staking contract with V2 tokens, so whenever you unstake, you will receive V2 tokens instead.

Q: Will Shibnobi’s cold wallet support partnered projects’ tokens?
A: Because we are partnered with IoTrust for the creation of the cold wallet, we don’t have direct control on which cryptocurrencies are supported. However, we are able to discuss this with their team.


Q: Will we still earn reflections if we stake our tokens on the staking site?
A: The team will confirm and provide an answer soon.


Q: How much will land cost in Shibnobi Verse?
A: Just like in real estate, it will all depend on size, location, type, etc.