AMA Recap with The Sloth Lounge

On the 8th of November, 2021 at 09:00 UTC, Decentralized Club had the honor of hosting the in-house NFT Artist, and the Project Manager of Sloth Lounge for an Ask-Me-Anything session on their Telegram page with a community of over 70,000 people. It was hosted by DC Admin, May.

 

The session was divided into three segments. Introductions were made in Segment 1, questions from the Twitter community were answered in Segment 2, and live questions from the community members in attendance were answered in Segment 3.

 

If you missed this event and would like to know what Sloth Lounge is all about, you can find a recap of the interview here. Information here should be researched and should not be taken as investment or financial advice. Also note that slight edits have been made for clarity, and links in this recap lead to images, documents, or other media.

 

Segment 1 – Introduction

 

[May]

Hello, 大家好, नमस्ते, Selamat!

 

I am May and I’ll be hosting the AMA with Sloth Lounge.

 

Today, we have with us two guests from the Sloth Lounge Team.

 

[Artist]

Hello

 

[Project Manager]

hi there, thanks for having us

 

[May]

You’re welcome to the Decentralized Club and it’s an honor to have you both here.

 

[Project Manager]

https://t.me/decentralized_club/645078

 

[May]

How’s your evening going?

 

[Project Manager]

So far so good – busy – we are getting close to mint time now!

 

[May]

That’s super!

 

[Artist]

Yes, we are excited 🙂

 

[May]

🥳😁

 

[Project Manager]

How many do we have joining us here tonight?

 

[May]

We have a few members online, it’s super super late in some countries so they’ll catch up on the session later 🥳

 

[May]

Before we get into the session, could you and your partner tell us more about yourselves and your jobs at The Sloth Lounge?

 

[Artist]

Sure!  I am an artist at the Sloth Lounge.  I’m actually an award-winning Australian artist, loving the world of digital art.

 

[Project Manager]

and I am the project manager – I have a business background and have been in the crypto space for a few years now

 

[May]

👏🏻👏🏻👏🏻

 

Your art is amazing!

 

Great to have you Ms. Manager 🥳

 

[Artist]

Thank you!

 

[May]

Alright, let’s get into the session with some questions about your project.

 

Ready?

 

[Project Manager]

sure thing

 

[May]

🚀

 

What is Sloth Lounge about and what idea was it created out of?

 

[Project Manager]

The Sloth Lounge is an NFT project of 4500 hand-drawn, super-chilled sloths created from over 100 traits.  Each sloth will be special, but some will be rarer than others.  The project was designed specifically to be simple, fun, and potentially valuable.

 

[May]

👏🏻👏🏻👏🏻

 

What innovative solution is Sloth Lounge bringing to topple its competitors with similar offerings in the NFT space?

 

[Project Manager]

The Sloth Lounge is not your average NFT, as well as being an amazing and fresh PFP, it also represents a ticket to our monthly event which we call the Slottery.  We are all about building community and making holding our NFT’s fun and rewarding.  This is not a pump and dump kind of project.  We are in it for the long haul and we have an exciting roadmap and lots of ways that we would love to grow the community over the next couple of years.

 

[May]

👏🏻👏🏻👏🏻

 

What is the connection between The Sloth Lounge and real-life sloths? Are you providing them any aid?

 

[Project Manager]

It is very important to us to have a service aspect in our NFT project so that we can give back to those in need, and sloths need us.  Their numbers around the world are dwindling fast.  We are partnering with several sloth charities like the Sloth Conservation Foundation and the Sloth Institute.  If our mint goes as planned we should be able to donate around $80,000 to help sloths in real life.

 

[May]

That’s an awesome initiative! Well-done.

 

Could you tell us some more about your Slottery Event?

 

[Artist]

Thank you!

 

[Project Manager]

Every month we will be offering something new to Sloth holders; it could be ETH, cool NFT’s, a mint, a collab, a grant, or even something from real life.  We will be opening up to the community for slottery ideas too, so really imagination is the only limit.  

 

40% of all revenue raised will be going to the community chest for these slottery events.

 

[May]

Love these incentives.

 

What major news should we still look forward to from Sloth Lounge by the end of the year?

 

[Artist]

When we reach 10% of sloth sales we will be announcing the date of our first slottery event.  This prize will be for NFTs.  Once we have the date of the first Slottery, we will know the date of every monthly event going forward.  We have plans for a sneaky Christmas drop too.  We also have a lot to look forward to in the new year!

 

[May]

Amazing! Could you please share your social media links so our community can keep tabs on The Sloth Lounge?

 

[Project Manager]

we are pretty much at @theslothlounge everywhere

 

and this is the discord link https://discord.gg/xtNGhqavsR

 

the mint will be from our website https://theslothlounge.com

 

[May]

This is great! Makes everything easy.

 

[Project Manager]

yep

 

[May]

Cool! Let’s now take some questions from our Twitter community.

 

[Project Manager]

sounds good

 

Segment 2 – Twitter Questions

 

[May]

Are there any plans to gamify the sloth lounge? How will the team continue building and maintaining the momentum on this project after launch?

 

Twitter Username: @farturkey

 

[Project Manager]

no, we have decided to keep the project simple and not gamify – it is more about creating a community and a space for people to enjoy NFT’s.  We will be engaging the holders in different ways through the slottery events, introducing new artists and products, and of course cool sloth merch.

 

[May]

Cool!

 

How big is your team? Are you a public team or not? Please tell us more about the team background?

 

Twitter Username: @mzLLqFkPQlYpcd5

 

[Project Manager]

Our artist is doxxed – her name is Sally Willbanks and she is an award-winning Australian artist.  the other two team members at this point are remaining anonymous, but one has an extensive background in business, and the dev has over 30+ years of experience in the tech space

 

we are a small, but dedicated team and the project manager is working full time on the SLOTH LOUNGE

 

[May]

A round of applause for your team members! 👏🏻👏🏻👏🏻

 

Going through the discord page and I realized that the sloth server was relatively quiet, is this due to the nature of the project that the community has quickly taken to, or is the community still up and growing

 

Twitter Username: @Trixiesfirst

 

[Project Manager]

most members in our community have only joined in the last week or so, so we are getting a feel for what people are wanting in the SLOTH LOUNGE

 

we are all about creating a fun space for people to connect, talk crypto and NFT’s and learn ways to work smarter not harder

 

we very much encourage engagement from our community and are looking forward to meeting all our VIP members post mint date to get the community moving forwards

 

[May]

🥳

 

Revenue is very important for any project for growth and development. What are the ways that generate profits/revenue to maintain your project and what is its revenue model? How can it make a win-win benefit to both the investor and your project?

 

Twitter Username: @FariaFari8

 

[Project Manager]

we are dedicating 40% of all revenue raised to go to the community chest – and 40% of sales from the secondary market will go there too

 

we anticipate that as the community grows we will be releasing future mints that will also bring in revenue to the community and grow sloth holder value

 

[May]

👏🏻👏🏻👏🏻

 

Can you tell us why you chose sloth to be the icon for your platform? Can you also tell us the benefits of holding SLOTHS? Can you tell us about the SLOTTERY? How much is the reward pool? Can you tell us in which ways the 40% is returned to the community?

 

Twitter Username: @Albertjaison2

 

[Project Manager]

wow that is a lot of questions in a question

 

I think we have answered a lot of those already

 

but the 40% raised is returned to the community through the slottery events

 

We chose sloths because they represent something that we think is very important – taking the time to enjoy life – we are all too busy these days, and people need to feel comfortable to take some time out and relax.

 

[May]

This is a great lesson! I will be taking a break to this effect. 🥳

 

[Project Manager]

we want the sloth NFT’s to remind people that it is ok it is even great to do nothing sometimes and just enjoy life

 

[Artist]

For me, the Sloth is the epitome of energy conservation, and I relate that to working smarter not harder.  They are also really cute and need our help, so win-win-win.

 

[May]

https://t.me/decentralized_club/645149

 

The user is excited about your project 🥳

 

[Project Manager]

that is what we like to see

 

https://t.me/decentralized_club/645151

 

[May]

Awesome project, awesome team!

 

Great goals too!

 

[Artist]

Thank you!

 

[May]

It’s now time to take questions from our live audience.

 

In this 3rd segment, I will open the group for some seconds for the live community to shoot you some pressing questions.

 

Please pick five original questions to answer.

 

Try to ignore generic, vague, and copy-paste questions 😊

 

Ready?

 

[Project Manager]

sure

 

[May]

As a measure to deter bots and reward hunters, could you please pick an emoji that will be included in the questions so you can tell original questions apart?

 

[Project Manager]

🦥

 

—Chat was then opened for the live community to send in their questions—

 

Segment 3 – Live Questions

 

[May]

Please select the questions now.

 

Kindly prioritize the questions with the 🦥 emoji

 

[Ana Manuela]

I am interested in investing in your project. When and where can I buy your tokens? Is it already listed on exchanges? 🦥

 

[Project Manager]

you can buy from our website on mint day 10th November https://theslothlounge.com

 

[May]

Four more questions to go 🎉

 

[DC Member]

Will your team be able to bring success to your project?  How has your team’s background, experience, and skills made you effective for the success of your project?  Can you share with us some of the successes your team has already achieved?🦥

 

[Project Manager]

all team members have had many life successes.  Our dev has worked on some well-known NFT projects like Million Dollar Rats, and I have run several successful businesses.  Our artist has won prestigious awards in Australia and even has one of her paintings in Parliament House – we believe all our skills together will make a great project

 

[Nazima Bukhari]

Can you share with us a few killing features that make it ahead of its competitors?? What are the strengths that enable you to look to the future with hope?

 

[Artist]

Sure. One is that 40% of revenue goes back to the community chest, and we will be deciding as a group what the prize for each slottery will be. There will be a lot of community participation in this decision.  We are also keeping things really simple.  We aim to help teach newbie NFT investors how to invest.  We want people to feel comfortable asking questions and learning from us.

 

[May]

Two more questions to go 🎉

 

[Lionel Messi]

Do you think there is a need for partnership behind the development of a project?  If yes, do you have a partner?  Will, you add more new partners to your project?🦥

 

[Project Manager]

we are planning to do many collaborations as the project moves forward both with people in the NFT space and real-world companies as we want to bring benefits and discounts to our holders

 

[Dhir]

Mint details pleaseeeeeeeeeeeeeee 🦥

 

[Artist]

Sloths will be ready for minting on Nov 10 from our website theslothlounge.com.

 

[Lots Of Lave]

Can we get any benefits from your project? And how do we get all those benefits?  Do we have to join any group for this? 🦥🦥🦥

 

[Project Manager]

There are loads of benefits – your NFT will be your ticket to the monthly slottery and you can feel good you are helping real-world sloths too.  of course, you will have an awesome PFP as well

 

[Artist]

We have to run, thanks for having us!

 

[May]

Aaaaaaand it’s a wrap!

 

Thank you for being here with us today!

 

[Project Manager]

thank you so much for having us, it has been fun

 

[May]

We do wish you the very best with The Sloth Lounge

 

Until next time, do enjoy the rest of your evening.

 

[Project Manager]

thank you – hope to see some of you in the SLOTH LOUNGE after mint on Wednesday 🙂

 

[May]

Our pleasure too!

 

We’ll make it a date.

 

Thank you, thank you, it’s been a pleasure

 

The AMA with Sloth Lounge is now over.

 

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