MATIC NETWORK AMA WITH IDEAOLOGY—FEBRUARY 1 2021
2nd of February 2021, The CEO of Ideaology, Amar Kovacecic was hosted by Matic Network on their channel. The AMA’s purpose was to discuss how Ideaology connects startups, freelancers, and investors in a collaborative ecosystem.
The session was moderated by Arjun Karlsy, where he quizzed Amar on different aspects of Ideaology.
Details follow below :
Arjun Kalsy
This is Arjun from Matic Network
Its my pleasure to introduce Amar, Co-Founder & CTO at Ideaology
Ideaology is building some very exciting tech and today we’ll get to learn more from Amar about what they have planned for 2021 !
Hi @Amarkovac !
Amar Kovacevic
Hello Arjun, hello everybody, it’s my pleasure to be here
Arjun Kalsy
Welcome to the Matic Community
Could you please tell us a little about yourself and Ideaology ?
Amar Kovacevic
Hello Arjun, it’s my pleasure to be here.
I’m Amar Kovacevic, co-founder and CTO of Ideaology. We are Dubai based company and now almost one and half year building the project.
Ideaology is three in one project that aims to create a business network ecosystem.
1. Ideaology.io — hybrid utility/payment erc-20 token
2. Activeidea.com — business network platform (beta phase)
3. Activeidea wallet — online wallet connected with each profile and available on mobile app (currently building)
Arjun Kalsy
Very nice ! I see that you are also building for Mobile as well
There is a strong focus on building a collaborative ecosystem with startups, freelancers etc. Can you tell us how Ideaology will engage and keep its users happy?
Amar Kovacevic
We want to create an environment for three types of users: Innovators, developers and investors.
To cover the whole road from IDEA to crowdfunding, where the whole community can benefit from.
Offering four types of services: find a team/partner, freelance, digital marketplace and crowdfunding with only one login.
Arjun Kalsy
Can you elaborate a bit more on the two products that you have mentioned ? Ideaology & Activeidea
How will they work together ?
Amar Kovacevic
As our token is hybrid utility/payment it has huge influence on our platform.
Idea token has three main purposes on Activeidea platform:
1. Optional payment gateway (chosen by seller does he want to accept fiat, crypto or both)
2. Hold to achieve benefits of up to 50% discount on fees and voting right for new projects that rise on activeidea crowdfunidng.
3. Invest into new projects with Ideaology (IDEA) token
Arjun Kalsy
You mentioned that the holders will get 50% discount on fees and voting rights
Is there a staking component here as well ? with the IDEA token ?
Amar Kovacevic
Currently we are working on it. As every profile will be connected with the unique wallet (build on matic network) we want to create bonus for the users that have token on hold and earn additional IDEA token
Arjun Kalsy
Very interesting !
What are the major milestones Ideaology has achieved so far and what can we expect from you guys in 2021 ?
Amar Kovacevic
We have previously launched private sale and pre-sale which went successfully and now we are in IEO phase. Our biggest achievement is definetly our platform, which is currently in beta phase and will be fully launched in 15 days.
We have gathered more than 6500 pre-registrations for our beta launch and by the end of the year we have goal to reach 100.000 active users which will highly increase demand for the token.
Arjun Kalsy
wow ! 6500 pre-registrations is super impressive
Can you tell us a little bit about how your experience was building on Matic and what are the advantages of Ideaology working with a Layer 2 like Matic?
Amar Kovacevic
Our developers love building on Matic network. it bring them more scalability and security. Definetly something we want to reccomend to all developers that will join ActiveIdea platform.
Arjun Kalsy
Thank you for your kind word !
What are the advantages of Ideaology’s platform compared to other platforms? How can developers and users make money here ?
Amar Kovacevic
Definetly our advantage is whole ecosystem where we aim to cover all steps from IDEA to the crowdfunding.
Developers can work as freelancers, create and sell already made codes, join new projects or unite and start their own project and at the end apply for the crowdunding.
Arjun Kalsy
very nice !
the decisions for funding will be made by community vote ?
Amar Kovacevic
Yes, whole community can vote which projects they want to support, if the project is denied community can provide what they don’t like and it will go to the “Upcoming project” section where they can hire community developers to improve
Arjun Kalsy
this is good stuff. So even if a project does not get funded the first time, they can take the feedback and try again
This is a very unique system
Amar Kovacevic
Founder will put the amount he want to raise and provide the details of the project. Then project get reviewed by Ideaology team, after passing it goes to the community voting.
In both checks if project get denied it will go to the upcoming project section where it have chance to improve and whole community can help
Yes definetly they can try again after improving and by this way whole community will see what he have done
Arjun Kalsy
This kind of supportive approach is quite refreshing. Not many DAO’s etc. have this kind of mecahnism
Arjun Kalsy
Usually, you get once chance to pitch, and that is pretty much it
Amar Kovacevic
It’s all about opportunity, a lot projects never shine because they don’t get opportunity and never get visible to the right people
Arjun Kalsy
That is very true.
all decisions and their outcomes are on-chain ?
so they can be reviewed at a later date ?
Amar Kovacevic
Yes they are
Arjun Kalsy
very cool, so reports on the functioning of the community etc. can be published at a later date
can users vote other users out ?
how will you approach community management ?
Amar Kovacevic
They can’t, voting is only for new projects
Arjun Kalsy
I see, and moderating the community etc. ?
Amar Kovacevic
Yes
Arjun Kalsy
very cool,
Before we conclude, I think there are many in the community who would love to join the Ideaology community and stay up to date with all the news. What’s the best way to keep in touch?
Amar Kovacevic
Best way to keep in touch is to join our telegram community where we are active 24/7
t.me/ideaologyio
Arjun Kalsy
awesome !
Now let’s explore some questions from the community. Please do share them below 🙂
NEXT SESSION WAS THE QUESTIONS FROM THE MATIC NETWORK COMMUNITY
Ubj Ӿ ⚡
Are there any future plans or ideas or incentives for Ideaology to onboard more users on the platform?
Amar Kovacevic
[In reply to Ubj Ӿ ⚡]
We have full marketing plan ready to launch once the full platform is ready
☆꧁༒☬𝕊o𝓾𝓵 𝐕Ⓘ𝐏eг☬༒꧂☆
I wanted to follow your project for the long term. Where i can get all the latest news about your project? Do you have Twitter/Telegram/Discord community? If yes can you share the link here because there is a lot of fake telegram/twitter groups?From your website , we can submit problem, suggestion, idea or bug report and get reward, where we can submit that?any ambassador or referal program
Amar Kovacevic
[In reply to ☆꧁༒☬𝕊o𝓾𝓵 𝐕Ⓘ𝐏eг☬༒꧂☆]
You can visit our site ideaology.io there are all official social medias attached (sorry chat deletr if I attach link)
Amina Peter
How will you make people believe in your project now that there are rugged and scam projects every where?
Amar Kovacevic
[In reply to Amina Peter]
We are long time here and our community on telegram count’s 16.000 people. Also we are fully registered company in Dubai and we are reponsible for all actions with our name.
Akeem Anike
Give me some important reasons why we need to buy your token?
Amar Kovacevic
[In reply to Akeem Anike]
Idea token has multiple purposes as it’s closely connected with platform there will be high demand increase once it goes live
Teuta
For the further development of a project, community is very important. The more powerful the community, the stronger the project. So my question is: What is your advice to your community for the further development of the Ideaology ?
Amar Kovacevic
[In reply to Teuta]
We definetly have big and loyal community, few people are with us from beggining of our journey. I definetly want to see them happy and using our platform achieve their goals
GNUD
Hello sir
✅ Increasing Token price
✅ make Token Valuable
✅ Building Community Trust
From 3 aspects above,. I want to ask,. Which one the most important for you??
If all above are important for you,. Which one that Will you do f
Amar Kovacevic
[In reply to GNUD]
I would pick all three, none of them works without other. Sucesfull project must make them all
®Riio®
How will you generate profits / income to sustain your project and what is the revenue model? How will it benefit your investors and your project?
Amar Kovacevic
[In reply to ®Riio®]
Each of our service on platform have fees, as there is also fiat payment gateway. That’s our main revenue model
Furiosa III Chan
How important are Matic’s achievements in the industry for Ideology?
What criteria and principles do you follow in meeting the demands of both parties for online freelancers and start-ups? How do you hope to further develop the Active IDEA platform? How will collaboration with Matic contribute to this?
Amar Kovacevic
[In reply to Furiosa III Chan]
We are all happy for achieving such partnership as manny founders use and grow through Matic network they can later start crowdfunding on ActiveIdea.
And as Activeidea is platform where a lot of developers will join,we will show them benefits on building on Matic
Ubj Ӿ ⚡
What is the long term goal for Ideaology?
Amar Kovacevic
[In reply to Ubj Ӿ ⚡]
Our long term goal is to achieve long term users and use full potential of such ecosystem. Because one user group without other don’t work
Amina Peter
Is your project to sponsor people with good ideas from a particular region or all regions?
Amar Kovacevic
[In reply to Amina Peter]
It’s open to all regions, that’s beauty of it
Dalmasca Blockchain
What is the difference between ideology’s distributed peer-to-peer network? Does your platform support investing in a project through crowdfunding?
Amar Kovacevic
[In reply to Dalmasca Blockchain]
Yes, at the beggining it will be investing into new blockchain project
Akeem Anike
Is there any unique features that is not existing before but included in your project which can attract large users and investors to your platform?
Amar Kovacevic
[In reply to Akeem Anike]
Definetly ecosystem. To understand it fully visit our platform activeidea.com
LongGone®
How does Ideaology make ecosystems more flexible and interoperable, and how does it stabilize it?
How can investors, business developers, and founders leverage the Ideaology ecosystem as a decentralized online launch pad? What are the incentives you provide?
Amar Kovacevic
[In reply to LongGone®]
As we are not fully defi we want to also bring more to the global blockchain adoptation. Example if freelancer join that’s not into crypto, he can use platform but without benefits and full potential. Once he see what he can get he will get into investigating and learning about blockchain and at the end blockchain world get one more user
zafer metin
What are the power of the IDEA token to the platform and its contribution to the ecosystem? What incentives and benefits does IDEA offer its owners?
Amar Kovacevic
[In reply to zafer metin]
Idea token will have three main purposes:
1. Optional payment gateway (choosen by seller between fiat, crypto or both)
2. Hold to achieve benefits of up to 50% discount on fees and voting right
3. Invest into new projects wirh Idea token
Tuấn Kun
Who are your potential customers and which markets are you targeting on?
Amar Kovacevic
[In reply to Tuấn Kun]
We target worldwide blockchain focused market that target three user bases: innovators(founders), developers and investors
Athamk Rjei
To be abIe to deveIop projects, especiaIIy eIectronic money projects, requires a Iot of capitaI and budget. Do you have enough capitaI to sustain it and grow? do you have any sponsors?
Amar Kovacevic
[In reply to Athamk Rjei]
We do have capital and we also have huge support. Right now we are having IEO on the bitcoin.com exchange
sufiya King🔥
Are you planning to burn or buy back any tokens from the market in the future? Do you have such programs?
Amar Kovacevic
[In reply to sufiya King🔥]
Yes we have buyback system and we have professional market making company hired for that part. There is a lock-up strategy
GNUD
Your project development is really commendable. Let me know how can you survive this longest market and keep building and growing as many projects are dead and scrapped during this time period?
Amar Kovacevic
[In reply to GNUD]
It’s taking a long time, but we want to create this and we are surviving for a long time period. But we have huge support of our community and private investors
Robert Swigart
When ETH 2.0 is launched, how will this affect the popularity of Matic, and since Matic can work on other block chains, will it leave ETH?
💫Master Trader💫CM💫Ambassador💫
The idea of the IDEAOLOGY project is really unique and incredible, how did this idea come about?
Amar Kovacevic
[In reply to 💫Master Trader💫CM💫Ambassador💫]
It’s combined two ideas in one by my business partner and me. As a previous founders we saw what’s missing in current market and we started creating it
🌹Mirak_@ For🌹💘
I’m a developer, and I’m interested in contributing to your project alongsides earning, Do you have any Bug Bounty to check for vulnerabilities ?
Amar Kovacevic
[In reply to 🌹Mirak_@ For🌹💘]
After it’s fully ready we are ready to hire code audit company for full check, after that there will be bug bounty ( it will be officialy announced)
starcrypto fi
There is fierce competition in the finance industry. Obviously, there are other projects that look like you. How will IDEAOLOGY deal with its rivals? Do you have details to guide users to you?
Amar Kovacevic
[In reply to starcrypto fi]
We definetly have plan and attractive offers for each user base. As I previously said before beta launch we suceed to collect 6500 pre registrations in three days. Now we are even more ready on the full launch
Aura II Aksia
What are the supports you provide for the Active IDEA community to make easy and secure co-investments on your platform and what principles is the co-investment vision of the Ideology ecosystem based on?
How does Idealogy support entrepreneurs and talented professionals who want to support their ideas? What kind of solutions do you offer them?
How does Ideology work with community support, versus existing solutions being expensive, slow, and centralized, and what solutions are offered for funding?
Amar Kovacevic
[In reply to Aura II Aksia]
We want to provide full security to investors and that’s why everyone who want to start new crowdfunding must finish full KYC verification, after that Ideaology team review full project and after that whole community can review it before getting listed.
We created platform where they can find everything they need, from collaborating with other developers to the crowdfunding
Alialo
Do you have any mechanism for transferring to ethereum network compatibility so other projects can think of using your solutions?
Amar Kovacevic
[In reply to Alialo]
Our token is currently on ethereum network after wallet we will also transfer part of the token to the Matic
Akeem Anike
Who are your partners? How strong is your marketing plan?
Amar Kovacevic
[In reply to Akeem Anike]
We have multiple partners as development, legal, investment and Matic network. Full list is on the ideaology.io
👮Muskan Ray😱
The Crypto field is full of many projects,all of which provide functions such as lending,staking, and liquidity on multiple platforms.What strategy do you plan to adopt to attract more users thus becoming the authoritative gateway, the preferred platform for DeFi?
Amar Kovacevic
[In reply to 👮Muskan Ray😱]
There will be staking option of the ones you listed avaliable on our wallet
sufiya King🔥
There are 3 core issues prevalent in crypto and blockchain:
Security, Interoperability, and Scalability. so
How does Your Project plan to overcome these issues?
Amar Kovacevic
[In reply to sufiya King🔥]
We care a lot about all of those three, thats why our team is full of experts to provide best of it. Followed with code audit checking
Ken Minh
IDEAOLOGY will aim to support any kind of assets, which is a huge goal. What is measurement will you implementing to avoid scam assets infiltrating IDEAOLOGY system?
Amar Kovacevic
[In reply to Ken Minh]
There is kyc verification for starting such and licensing
Arun Philips
Thanks for joining us today @Amarkovac and @arjunkalsy for hosting!
You can follow Idealogy here: t.me/ideaologyio
Amar Kovacevic
[In reply to Arun Philips]
Thank you a lot! If I didn’t have time to answer some question you can always ask us in our group
Awesome community 👋