Release Project AMA Recap together with Tatsuo Kanai — CEO
The AMA Session had 3 Segments:
- Introduction / Questions from The CryptoChainPh Team
- Questions from Twitter
- Live AMA
Segment 1: Introduction / Questions from The CryptoChainPh Team
Let's all welcome Release. 😊
@TatsuoKanai Hello. Are you ready for our AMA to today???
Can you please introduce yourself to the community and kindly give us an introduction about Release?
My name is Tatsuo Kanai.
I’m the CEO of the Release Project.
I run four IT companies in Japan and one in Taiwan, for a total of five IT companies.
Release Project is one of them.
Parent company of Release Co,. Ltd.
Release Project is a social commerce service that combines social networking (SNS) and e-commerce (shopping) for 3 years. Focusing on agriculture and fishing and planning to make it more accessible to producers and consumers, we have launched an online food market «Release Commerce Service». However, more than 70% of global producers of agricultural and fish products do not have the knowledge - how to display and sell their own vegetables, fruits and harvested seafood on the online market (e-commerce), and only some manufacturers have great opportunities. Release Project is working on developing a platform that uses cutting-edge technology to allow more manufacturers to automatically display and sell food online easily, just by taking a photo from a smartphone.
As you said, Release wants to combine E-Commerce and Social Media in one platform. How does it work? What are the products available in your marketplace?
Earn REL points by posting on social media. You can use it to buy food in Release Commerce.
How long are you in the Crypto World?
3 years Currently, the service is available only in Japan. (Β version)
With regards to the Release Social Media platform, I saw that once you register and post something you will earn points convertible to $REL token, what are the contents needed to post to earn points?
Yes. By posting to Release Social Media, you can earn advertising revenue based on the number of views.
So, the points will be base on number of views?
Yes. 1 Viewing $ 0.0095
$REL is already listed in few exchanges, do you have any plan to get listed on tier-1 and tier-2 exchanges?
We are currently listed on four exchanges. And we plan to list on the Top 10 exchanges at the end of July this year.
My last question,
What achievements has Release achieved so far? Can you share us your roadmap for this year?
We are all on track as planned on the roadmap. https://release.co.jp/white-paper/#pg-1089-18
Segment 2: Questions from Twitter
Thank you for sharing.
We will now move to the Twitter Questions.
Question #1 from @Angel43270728 - How many users and business partners do you have right now? What is your total turnover presently and what promotions and marketing are you doing now for adoption?
Our platform is currently in beta version and is nearing completion with repeated testing. So while sales are 90% advertising revenue, they still have over 100 million users and have grown to over $ 200,000 in monthly sales.
Question #2 from @Heartlesss98 - To be a great platform for both Investors and for it’s users Transparency and security is important. Can you tell us some details about your transparency (likes team members) and your security mechanism. Have you already completed the audit of your platform?
Our platform has a server built within Amazon (AWS), and security and monitoring is done using Amazon Managed Blockchain（AMB）.
Question #3 from @SteveJo37818340 - The world of DeFi is constantly evolving and has high potential, what best features will RELEASE provide to attract a large community? do you always innovate to attract investors? what plans will you prepare in the near future?
Our industry is constantly evolving at a fast pace. But when our platform is complete, it will revolutionize the logistics of the global agriculture and fisheries industry.
Look carefully at this page and imagine. How great our project is ...
Question #4 from @QuinnJosephine4 - What is your long-term vision about the industry which you are working on? Are you afraid some day there will be another project with more innovative technology can replace your project?
With the goal of a 100-year project, we will transform the logistics of the world’s agriculture and fisheries industry, and at the same time, promote the development of platforms that meet the satisfaction of all people involved in the agriculture and fisheries industry.
Question #5 from @ValerieElash4 - Can you list killer features of release that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about ?
We have been collecting information for over three years. And the projects we are working on have no competitors in the world yet. And it will not be possible to exist in the future. (The business model is wonderful)
Segment 3: Live AMA
"Yes. By posting to Release Social Media, you can earn advertising revenue based on the number of views."
Is there any mechanism to prevent people from creating alternate usernames to manipulate their earnings?
Yes. Look at this page
From Chi Chi:
Token burning is beneficial to any project because it can control the number of tokens in circulation and provide investors with greater incentives. Does your great project have a plan for token burning?
Many of our REL tokens will be used on the platform when the platform is completed. Therefore, it will not burn.
From Maria Leonora Teresa :
I’ve seen many facts, After listed in the MARKET 70% from whole DeFi project only playing Pump & Dump scheme and ends with RugPulls. What is the big Differentiate RELEASE with other and Will not Do the Same Scheme? How you gain community trust?
This is a very good question.
Last month I had a hard time pumping and dumping. But with the help of community traders and investors, we were able to escape the difficulties. In addition, we are preparing for listing on the stock market in order to earn the trust of investors. Thank you.
From Relax Forest - Real Miracles and Manifestations:
Many new projects made a good impression at first but were suddenly abandoned. My question is, how will you manage the project and token to gain a place in the market and become a best token in the blockchain world?
It will not be completed by one of our projects. Therefore, we are already proceeding with plans with a view to business alliances with major listed companies and establishment of new companies.
3-Building Community Trust
But all are important.
And we will do our best to protect our investors' assets, increase the value of our platform and raise the price of REL tokens.
I still want to answer a lot, but it will take some time, so I'll finish it. Thank you for your precious time today.
We improved the social media “RELEASE, a news site created by everyone”, which has already started to provide its services, and combined “social media (SNS) and electronic commerce (Food Online Market)” to “create something from nothing.” The concept of “Food social commerce” aims to transforming global agricultural and fishery logistics.
RELEASE. Users who register and publish on social media can earn points (advertising revenue) depending on the number of views by site visitors, and the accumulated points can be shopping through the original crypto assets (REL) issued by the Release Project. At Food Online Market you can buy vegetables, fruits, seafood, etc., you can also exchange them for crypto assets such as Bitcoin and Ethereum, and exchange with various points of other companies.
In addition, RELEASE e-commerce (Food Online Market) sellers can register, list and collect products simply by photographing freshly picked ingredients and installing a special application on their smartphone. All unpleasant things, such as product price collection, are fully automated, and the seller pay 8% of the sales commission when the products are sold.