Upcoming Hot or Not SNS decentralization sale

Hello there! As you rightly mentioned, our game is about to get even better with a host of exciting new features in the upcoming weeks. We’re expanding the options available for users, providing a wider range of choices that will enhance the thrill of winning. If you’re interested, we invite you to take a look at our white paper, where you’ll find detailed information about the various types of gamification planned for the game.

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This is not an answer, Yes or No ?

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Hi Rishi,

What is the # of NPhones NFT’s that will be minted initially? I’m assuming these will all be Level 1 NFT’s with the exception of Funded Tier 2 & 3 NFT holders being given Level 10 & 25 respectively.

How much additional ICP will be raised from the sale of NPhones NFT’s or will HOT or COYN tokens be used to purchase them and subsequently burned?

What is the price (in ICP) of a Level 1 NPhone NFT expected to be at launch?

Post decentralization sale, will the Hot or Not Dao have to vote to mint and sell additional NPhones if needed to align with growth?

To withdraw COYN from the platform an NPhone NFT is required? If I’m understanding correctly the number of COYN you can withdraw from the platform both in quantity and frequency is dependent on the Level of the NPhone NFT, is this correct?

How does someone raise their level of NPhone NFT or are the levels set in stone?

What is the time-frame for implementing withdrawals of COYN from the platform?

Thank you for helping me understand the value of NPhone NFT.

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Hi @DHemingway,

Regarding the initial minting of NPhones NFTs, there were several concepts and ideas considered. The Hot or Not protocol, post the SNS, will manage the exact number of Phone NFTs. Initially, we proposed that around 20 to 25% of the entire user base would be able to mint Level 1 phone NFTs. However, the final decision will be made through the Hot or Not SNS DAO, where there will be a forum for users to discuss and vote on proposals.

You can think of the Phone NFTs as having a similar function to the Dissolve Delay feature in the NNS. As you level up, the Dissolve Delay decreases, allowing you to cash out the Maturity, which, in this case, refers to COYN tokens. The proposal suggests that only 20% of COYN token holders will be able to cash out their tokens, while the remaining 80% will need to purchase at least a Level 1 NFT to unlock their COYN tokens.

Since the Level 1 NFTs will be limited to 20-25% of the entire user base, the price of the Level 1 NFT will fluctuate based on market demand. Additionally, any purchase of any Level NFT will result in burning COYN tokens. Holding multiple NFTs at different levels will not be possible. If you purchase a higher-level NFT, you will need to burn a lower-level NFT, and specific gamified rules for this process will be designed and approved by the community members of the Hot or Not DAO.

The higher-level NFTs will be even rarer, representing a lower percentage of all users on the platform. This limited nature of the NFTs will increase their value, with prices being influenced by market demand.

Please note that the rules governing the Phone NFTs game will be open to discussion and subject to the input and feedback of the community. These rules will only be implemented upon the successful execution of proposals through the SNS DAO, ensuring that the specifications of the Phone NFTs remain adaptable to change based on community feedback. We value the active participation of the community in shaping the future of the Phone NFT ecosystem.

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Hello everyone! We are excited to announce the release of our brand-new SNS Swap Deck, designed to provide valuable insights and information. We invite you to take a look at it by clicking on the following link:

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@rishichadha30 will the rights and benefits of funded nft holders special lifetime NFT be also up for debate by the SNS?

If it is other people would probably vote it down. I hope you have figured it.

@rishichadha30 Can you explain this tweet saying you only have 2897 user canister when you are claiming 100K users and that you are fully transparent?

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@utkarshgoyal Maybe you can chime in from a tech standpoint? How are you calculating the 100K users?

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I am curious about the status of the name Hot or Not. It seems like a likely vector for future issues as a website with that name is well known, and is likely trademarked. Has the forming team looked into this or answered about this somewhere?

*Not sure if this is relevant to the immediate swap but more for the future of the project.

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I’m wondering if this project isn’t just a scam. They lie that people wanted the airdrop to be postponed continuously, they cheat on the number of users and steal someone else’s trademark.
It’s all like one big pump&dump. Therefore, no whale invests in it.

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I think this is a long running ICP project with real product so hope all is fine, but not communicating about such important topics during this (SNS funding) phase is kinda bit miss, hopefully it will get fixed or there is some other plan.

For the airdrop, I think it should either finish before the SNS or start after SNS is launched - it seems to me that a lot of people are now relying on the reward rather than participating in the sale - as per low number of Current Total Participants:

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Would be so easy just to follow :

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If they met the airdrop deadline this time, it will definitely end BEFORE SNS Launch, because they failed to attract participants, not to mention larger investors (except automated NNS Funding).

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Hello there, thank you so much for your question. We’re excited to share some wonderful achievements and updates with you about the Hot or Not Dapp.

First and foremost, we are proud to emphasize that our platform is designed to be user-friendly and inclusive. We firmly believe in offering freedom to our users, and that’s why we don’t mandate logging in or creating an account through Internet Identity to use the Hot or Not Dapp. We want everyone to feel comfortable and welcome when engaging with our platform.

Over the past 8 months, we’ve witnessed remarkable growth, making Hot or Not Dapp the fastest-growing DApp in the entire ICP ecosystem. This milestone is even more impressive considering we achieved it with ZERO marketing spend. Our team has put in tremendous effort, working over 100 hours per week, to create a platform that benefits everyone as a public good, co-owned by thousands, potentially millions, of users worldwide. The continuous support from the ICP community has been instrumental in our success, and we’re deeply grateful for it.

Let’s talk numbers! Currently, Hot or Not Dapp boasts an astounding user base of over 112,000+ users, and we’re confident this number will grow even further in the coming months. We’ve become the second-highest canister holder among all projects in the Internet Computer Ecosystem, and it’s essential to note that we achieved this without being incubated by Dfinity themselves. Our subnet showcases an impressive collection of Hot or Not User canisters, reflecting the popularity and engagement on our platform.

The impact we’ve made on the ICP ecosystem is evident by the fact that Hot or Not Dapp accounts for 20%-40% of all cycles being burnt across the entire ICP network. This emphasizes not only the significance of our platform but also how much the Hot or Not DAO will contribute to the Internet Computer ecosystem in the future.

One of our proudest achievements is the massive volume of organic video content generated by our users. To date, more than 120,000+ videos have been uploaded, solidifying Hot or Not as one of the leading Dapps in terms of video content. Additionally, the Hot or Not voting game has been played over 4.5 Million+ times in just a few weeks since its launch, further highlighting the genuine and natural engagement of our users.

Looking ahead, we have ambitious plans to reach one million users in the next few months and eventually grow to ten million users. We are well aware of the diverse preferences of our user base, particularly in countries like Vietnam, Indonesia, India, and Nigeria, where mobile applications are highly popular. As a result, we’ll be launching mobile applications for iOS and Android to cater to these preferences and expand our reach.

To achieve these impressive milestones, we have relied on the organic growth of our platform, driven by the inherent vitality and virality aspects built into the Dapp. We haven’t spent even a single dollar on crypto influencers or events because we firmly believe that the key to success lies in creating a product that users genuinely want, and the results speak for themselves.

At its core, Hot or Not started as an exciting experiment to engage people in determining the popularity of videos through community voting. The intersection of gaming and social interactions has opened new doors for us, and we’re excited to grow these numbers exponentially in the coming years.

We’re also thrilled to share that Hot or Not Dapp has attracted attention and users from various ecosystems, including #near, #solana, and #polygon, reinforcing its widespread appeal and popularity.

We want to address any misconceptions and assure our community that we remain committed to our core values of hard work, passion, and transparency. Our results and dedication will always speak for us.

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Just trust me Bro. Thank you.

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Please note that the above screenshot is from our Google Analytics dashboard and since it is client side JS analytics client, it will under-report events as many users will be using ad-blockers/Brave browser. But we can get an approximate idea of the actual figures by comparing with other metrics.

From the above 2 screenshots we can see that Google Analytics reported total videos uploaded as 96K while the actual accurate value from our CDN backend is actually 120K. Which means that our actual numbers are 25% higher.

So, going by the same, our actual user numbers are

93 * 1.25 = 116,000+ users

Finally, the same for the above:

So, actual number of votes placed:

4.5 * 1.25 = 5.3 Million+ votes placed

Please note that the numbers shared by Rishi are conservative estimates based on earlier shared numbers but the above are numbers that stand currently till 30th of the last month.

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I am convinced now :100:
BTW is she Hot or Not ? asking for a friend

If you need more help check out this : This unicorn startup faked 95% of its users - YouTube

also whats the HOT token canister and standard. can you share transections ?

96K users from google analytics really are 96K visitors which is not great for 1 year worth of traffic. Could you explain why there are only 2970 user canisters controlled by rimrc-piaaa-aaaao-aaljq-cai?

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There is something wrong with your screen capture software, half of screen is blurry. Wonder why now that I looked at other Google Analytics.

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