Recap of June AMA with Co-Founders
Missed our live Twitter Spaces with the Partisia Blockchain Co-Founders? Fear not, here is the recap of one of our most awaited AMA sessions with Peter Frandsen, Brian Gallagher and Kurt Nielsen.
Kurt: We are focusing on DeFi and Real-World Assets (RWA) with a touch of Artificial Intelligence (AI). The Web3 space needs to grow beyond its current user base. This requires expanding into new areas and addressing regulations and compliance, which Partisia Blockchain is well-equipped to handle.
Peter: We are moving from technology development to building solutions by creating standards and templates for DID, NFT and RWA, making it easier to develop products on our platform.
Brian: We have been working on Parti.com, a SocialFi platform that combines decentralized finance with a creator platform, eliminating the middleman. Users get a Partisia Blockchain wallet for identification.
Questions and answers
1. What new marketing strategies are you considering implementing? How do you evaluate the effectiveness of your current strategies on the token price and the onboarding of new applications?
Brian: We are shifting our focus from technology development to product marketing, particularly in DeFi and RWA. We are also expanding our presence in the Asian market. Collaborating with high-profile key opinion leaders (KOLs) on platforms, like Telegram and YouTube, has been key. Over 60 Tier 1 KOLs and more than 200 lower-tier KOLs have helped distribute and create content about Partisia Blockchain. Our follower count has grown by nearly 30,000 (13%), Medium subscribers by almost 150% and our Discord community by nearly 130%.
2. How do you plan to attract new projects to increase utility? What are your thoughts on the potential benefits and drawbacks of attracting projects with varying levels of interest?
Kurt: We aim at high-quality projects and work with them to ensure proper adoption. Our mainnet supports all types of Web3 projects, focusing on DeFi and RWA. We are also working on high-profile projects in advertising, gaming, AI and confidential data management. Since January 2024, we have launched six projects on mainnet, have 20 projects in development, and added more than 300 leads to our funnel.
3. In what ways do meetings in locations, such as Ibiza and Split, contribute to securing partnerships and project signings?
Kurt: Conferences and industry meetings are crucial for securing partnerships. The TEAMZ and Nordic Blockchain Conferences allowed us to discuss our strategic direction in RWA and DID. The WHA and HIEx events exposed new audiences to blockchain’s value. Token2049 brought in many new leads.
4. How can you provide more precise details about your plans to reassure the community about Partisia Blockchain’s future?
Kurt: We are building the most advanced blockchain infrastructure. Our smart contract templates address issues like front-running while complying with regulations such as MiCA.
5. Can you explain the process and considerations behind the communication of the listings? How do you plan to keep the community better informed in the future?
Brian: Compliance considerations are crucial for exchange listings. We have communicated launch days in a compliant manner and plan more AMAs and interviews.
6. What information can you provide about the timeline for the conclusion of the AirDrop?
Peter: The first part of the AirDrop has ended, and we are moving to the claiming phase. Exact dates for the next phase are not available yet, as I am not doing it all by myself.
7. How does the roadmap support DeFi?
Kurt: A new landing page will soon present our DeFi package, including on-chain custody (MOCCA), DID solutions and an AMM solution.
8. Do you have any plans on improving access to information about upcoming AirDrops, such as providing a calendar or adding a referral system?
Peter: We will improve communication around AirDrops, utilizing more AirDrop sites and ensuring information is relayed to the community.
9. Is Partisia Blockchain planning on increasing media engagement through influencer videos on platforms, like YouTube, or is the team using other methods?
Brian: Yes, we plan to increase media engagement through influencer videos on platforms like YouTube.
10. How do you assess the market performance of the token since its launch? What reflections do you have on the initial public sale pricing of 40¢?
Brian: Our token is a utility token for running nodes. We cannot comment on prices of tokens, but I can say that we focus on its use and adoption in DeFi.
11. What are the most significant challenges Partisia Blockchain faces in onboarding new dApps?
Kurt: We can only talk about some projects, and we update regularly wherever we can. But at a high level, we have an extensive pipeline built and feel that the adoption is moving in the right direction.
12. What do you think about the team’s pivot towards new product-market fits, such as Real-World Assets (RWA) and artificial intelligence (AI)?
Kurt: We are focusing on AI by creating transparency in data used for training models and ensuring confidential use of this data. Additionally, we are integrating AI with Decentralized Identification (DID) to keep user preferences hidden while allowing AI to make decisions on their behalf.
13. How is Partisia Blockchain bringing United Nations’ SDG goals to life?
Peter: Partisia Blockchain is actively working on multiple projects, including a solution for the International Committee of the Red Cross and the implementation of eIDAS, the European standard for DID. Further details will be announced as these initiatives progress.
A recording of this session is available on Partisia Blockchain’s official X (Twitter) account. A special thank you to the community members that provided us with these questions. We look forward to answering the rest of them in our upcoming AMAs.
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