Recap AMA Gather X ZTH Crypto

Thank you Gather for Ask Me Anything (AMA) in ZTHCrypto 20th September 2020. Best Speaker Raghav Reggie Jerath (Founder & Co-Founder)

Segment 1 : Introduction

Let's ZTH x Gather AMA get started❗️

⚠️ Don't Panic! You are not in Ban. CHAT is muted for AMA! ⚠️

📣We will host AMA with (RAGHAV REGGIE JERATH Founder & CEO Of Gather )

During the AMA, we will often close the chat feature to smooth the question and answer session.

Q1 : Welcome to the Zero to Hero Global community , thanks for taking the time for today's AMA session!

We are glad to meet here:
@RJerath RAGHAV REGGIE JERATH Founder & CEO of Gather

A1 : Hey! thanks for having me and hosting Gather! Looking forward to answering some great questions!

Q2 : How are you feel now : @RJerath

A2 : Pretty good hah, exciting times!

Q3 : Before starting to Segment 1, please introduce yourself first so that we all here are more familiar with the figure of Gather 😊

A3 : For sure , My name is Reggie and I am the founder and CEO of Gather. I started my career in Oil & Gas managing about 200 or so employees for bases In Iraq. I did this for about two years untill ISIS invaded, after evacuating everyone from the bases, I decided to move into advertising. I bounced around different agencies for a while - including MSLgroup ( where I met our marketing advisor Naren ) Post working in advertising, I founded my first startup a B2B logistics company - like Gojek or Deliveroo - we provided the manpower and then technology, facilitating logistics for banks, super markets and a few oil and gas companies as well. It was after this I founded Gather.

Q4 : Okay thank Reggie , Answered and we will enter segment 2
We have the 5 best questions on Twitter😊

Segment 2 : Twitter Question

Best Question on twitter

Q1 : Adoption is a headache challenge for every blockchain projects, especially at this sensitive period of the whole market when many blockchain projects were dead since no-one uses their blockchain. What are your teams strategies and visions on this problem to onboard more users for?

A1 : Both for Gather Online and Gather Cloud, we will continue building new relationships with publishers, enterprises and PoW blockchain developers. We already have around 200 publishing partners via Early Adopters Program so far, including names like ThePioneer (India’s oldest newspaper), TheDailyChain (a crypto news site) and Metalyfe (a new web browser). We will be running campaigns to raise the awareness of Gather Online as we get closer to the mainnet launch but in the meantime we will carry on and bring more partners with our B2B marketing efforts. We also recently partnered with Ferrum and decentr : https://bit.ly/Gather_Ferrum
https://bit.ly/Gather_Decentr

We’re currently testing Gather Cloud with Godrej Industries ($4B+ turnover) and we got ASAP Industries on board for the enterprise side. As part of our B2B business development efforts, we will also continue adding new enterprises. Again for Gather Cloud, we are also building new connections with the other PoW blockchain teams where we can use their algorithms as part of our Merged Mining concept. For example, LUX chain is our first partner on this front.

It would be worthwhile to also mention about our Ambassador programs here where you can see on our website. These programs split into 4 groups, aiming to spread the reach for: Community, Gather Online, Gather Cloud-Enterprises and Gather Cloud-PoW Blockchain Developers.
https://gather.network/ambassador-program.html

Q2 : What is the incentive that Gather offers to publishers to use the platform? How much is the % of profit that it is possible to obtain as a publisher through Gather? Thank you!

A2 : When compared to existing advertising rates, Gather Online provides x1.4 better
profitability based on the observations on our MVP testing period. Consequently, adding
Gather Online to the sites will allow publishers to earn at least x2 of their current revenue
or will let them go ad-free for a better user experience. These numbers are subject to
change based on number of sessions, session lengths, coin prices and total network usage utilization. Gather only takes a small commission cut from the earnings as part of Gather’s revenue structure.

Q3 : In terms of doing business, we need a relationship to build it so that advertising can add a distinct advantage to a business. How can you guarantee that certain profits can be obtained while you do not receive advertisements ?

A3 : Gather Online can be used as an additional source of revenue on top of the existing ads. It also allows you to go ad-free to enhance user experience. The beauty of Gather Online is that the visitors can be rewarded via Gather’s loyalty program by the website/application owner and it actually rewards for the time spent on the website or application unlike the number of ads displayed. However websites can choose if they would like to run Gather along side ads or without. We do not enforce that Gather should be the sole monetization method

Q4 : Congratulations on your over-sales, can you now give me a reasonable list of tokenomics, issuance schedule and practicality, is it inflation or deflation, exchange listing plan and target milestones

A4 : We have a very detailed token economy model where supply and demand are carefully thought, which can be further observed from this link: https://gather.network/docs/Gather_Token_Economy.pdf

Q5 : From the point of view of the user, what gives a better experience, 1. A website with a lot of publicity. 2. A website that hampers performance using the power of cpu / gpu? Especially in low-income pc

A5 : Todays websites owners are not getting paid at the same rate as they used to, average earnings have fallen drastically. - and this is for websites with western audiences. To combat this websites have added more ads, have been selling your data ( every wonder why you search for something on google and you then see an add for it? Or why you get so much Spam email ? Even though you never signed up for the mailing list ). Other sites have added paywalls, referral and native ads ( advertising a product or service within the general content - so it does not look like a typical ad ). The worst part of of this - imagine trying to make a living of content when your audience is from, Africa, India, China or South America. You Earn even less. 2) Our product is stress tested, and we use very very little of the CPU/GPU everything you see on the website also requires CPU/GPU even ads. - To further back this up, a competitor solution was using less CPU/GPU then an add. - So to summarize. - if you prefer your data being sold without consent, your privacy being invaded and breached, or being bombarded with horrible ads and get more spam emails - by all means - support the old solutions. But if you want to be part of the future, and support providing a fairer, more safe, transparent and allow websites to make more money ( we pay 1.4x more than ads at current rates ), Support Gather With Gather and the loyalty program - you as the end user actually earn something as well.

ZTH Host : Questions on segment 2 have been answered, It’s thank you : @RJerath. Continue segment 3 Everyone please prepare your Questions, chat will be opened for Telegram Segment💪

Segment 3 : Live AMA

Great AMA 650+ Question 20 second and this best Question

Q1 : Defi On fire ,,,
Can you share $GTH opinion on DeFi ? What steps are already being taken towards the future progress of $GTH ?

A1 : In terms of DeFi, Gather already has passive income elements such as web wallet staking or masternodes.
However, our product adds another dimension to the existing DeFi websites and applications, by adding an option to reward users for using these websites and applications. So, with Gather Online you can actually earn more tokens while using DeFi websites and applications so it’s a complete new approach. Here’s a link to an interesting article on this: https://thedailychain.com/earn-more-crypto-while-using-defi/

Q2 : What was your Motivation to build Your Project ?
and what is your vision and mission now?

A2 : Our Motivation to start Gather - was to find another method of monetization for websites. Instead of bombarding users with Ads. We ask the end user to donate a small amount of their processing power. It was with this, very simple idea that created Gather. For the future and vision: We would like to see Gather being a household name, less ads all around and our technology being adopted by many. For specifics, and as per our mixed method growth model ( based on top down and bottom ) we predict 2B sessions in a year, and over 130 child chains. Note we do not say websites, as the relevant metric is sessions/visits. However these numbers can change

Our vision is an Internet where web and application developers can generate reliable revenue streams without having to rely on Ads. One that is not reliant on ads, one that is reliable and rewarding. While making Cloud markets cheaper and fairer. Gather is unlocking a new type of business model for the internet by allowing publishers to monetize without ads and by providing businesses & developers access to affordable and reliable processing power.

Q3 : What are the requirements to run a Masternode with gather ? Can I make use of my phone ?

A3 : Once Gather goes live on its mainnet, 250,000 GTH tokens will be required as collateral to run a masternode. In order to be able to run a masternode, users will need a dedicated server which will contribute to Gather Cloud operations. It will not be possible to run a masternode in the mobile phone but the masternode can be monitored via mobile applications.

Q4 : Government regulations has wrenched many of these crypto projects , how will GATHER project its users from getting affected while investigating in GATHER ?

A4 : We take global regulations very seriously, our in house counsel is a former securities specialist and have deep rooted understanding about FDI etc - we do work with external counsels from time to time. This helps us mitigate against different aspects of global regulations. In Regards to Privacy: Gather is built on the notion to protect privacy. We believe Privacy is fundamental right, world over and not a privilege, as such we do not collect PII from end users. However due to global regulations, Publishers do have to provide related information when using our partner off ramps

Q5 : Does Gather have its own token? If so, what is it and what are its uses? Is it listed on any DEX or CEX? Thank you!

A5 : GTH’s value is derived from being as a medium of exchange within the ecosystem along with providing holders the opportunity to vote on the future of Gather. The specific features that use $GTH as a medium of exchange include:
1) Gas Fees and network interactions charges, settlement and processing power related charges for the Gather Cloud, and Settlement of Gather Online Rewards.
2) Providing a financial incentive to nodes to act honestly.
3) Entitling Staking holders with the right to participate in the governance and future of the Gather ecosystem

Thanks For AMA and Share Knowledge About Gather

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Sharing Crypto Educational Community-Learn. Not a financial advice . Always DWYORRRRRRR

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ZTH Crypto | ID

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Sharing Crypto Educational Community-Learn. Not a financial advice . Always DWYORRRRRRR

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