Pokemon scarlet and violet trading discord

https://docs.google.com/document/d/1U7h3OsE_X4yJiSuyv_v9IBmN4CsLTZ-p6gcZLBxwPDw/edit?usp=sharing
Avila Energy: A Special Situation Investment with Potential for a 1450% Return
Penny Queen pick 05.29.2023
TL:DR Avila is a profitable oil and gas company in Canada with preferred, North American rights to the Ener-Twin consumer power plants. This clean technology is projected to generate gross sales of up to $25 million in 2024. Avila has entered into a business combination agreement to uplist to the Nasdaq through the $INAQ SPAC. I place the value of Avila around 30 cents US without the SPAC. Completion of the SPAC could put the share value at 85 cents US.
Because I see the company as being undervalued, and because Avila would also have to pay a penalty to break the agreement, I see this special situation as less risky at this price point. As a reminder, the PQTF peak gains on the prior three special situation stocks have been 146%, 889% and 1370%, but had major issues that if played incorrectly, could have cost people a lot of money. As always, prior performance is not indicative of future performance. I do have a position and intend to do more purchasing and will continue to re-evaluate. As always trading is risky, this is not advice and I am not a financial advisor.
I have done my best to represent the facts as I know them, if you find any errors, please let me know: [[email protected]](mailto:[email protected]) I have also created a subreddit and will have a channel available in the Penny Queen Discord. XO, PQ
Avila Energy (CA: VIK, OTC: PTRVF), an established Canadian oil and gas producer, is on the verge of a potentially transformative merger that could bring immense rewards for its shareholders. The company has agreed to combine with Special Purpose Acquisition Company (SPAC) Insight Acquisition (NYSE: INAQ).
The proposed transaction, as detailed at the link below, will allow for Avila to up-list onto the Nasdaq, enhance its ongoing carbon-neutral business strategy, and further strengthen the capitalization of the company with an expected combined entity market cap of over $190 Million.
This article will discuss the specifics of the deal, Avila's potential to diversify its revenue stream, and how it presents a rare special situation investment opportunity that could potentially lead to a total return of 1450%.
A Breakdown of the Deal
The Avila and Insight Acquisition merger is a complex one, but is potentially extremely lucrative for existing Avila shareholders. Under the agreement, Insight will continue from the State of Delaware to the Province of Alberta and acquire Avila in an amalgamation pursuant to a court-approved plan of arrangement under Alberta law.
According to the agreement, the fully diluted common shares of Avila, currently numbering 150,540,414, will be exchanged for 12,580,000 common shares of Insight Acquisition. This exchange ratio translates to about 11.97 shares of Avila for each share of Insight Acquisition.
Avila shareholders will own the following interest in the post-closing combined company:
100% Redemption (Proceeds retained from trust of US$ 1,250,000) 67.2% by Avila's shareholders;
50% Redemption (Proceeds retained from trust of US$15,781,215) 62.4% by Avila's shareholders;
0% Redemption (Proceeds retained from trust of US$29,062,430) 57.9% by Avila's shareholders.
At present, Avila shares trade at USD $0.0588 (5.88 cents), while Insight Acquisition shares trade at USD $10.23. However, given the merger and based on the exchange ratio, the post-merger price for each Avila share is projected to rise to around $0.855. This implies a staggering potential increase of up to 1450% for Avila shareholders, and forms the basis of the arbitrage opportunity that Avila presents as a special situation investment.
Avila Energy and Its Future
Looking beyond the merger, Avila Energy presents an interesting opportunity as a stand-alone company
Avila's strategic growth plan is divided into three phases:

1. Upstream, where it plans to invest towards becoming a low-cost, carbon-neutral energy producer.
2. Downstream, diversifying its revenue stream through the development of direct-to-consumer sales, aiming to boost demand, margins, and profitability.
3. Providing customers with the option to convert to Avila’s developing hydrogen-fueled solutions, expected to be commercially available in 2027, as part of its Corporate Vision.

The company has a diversified and growing portfolio of 100%-owned and operated wells, three oil and natural gas processing facilities, 150,000 acres of leased exploration rights, and over 300 kms of gathering and sales pipelines.
The P&L displays robust numbers with $3.08 M in net revenue, more than 50% margins, with the majority of the revenue attributable to clean burning natural gas.
Avila currently has a 2P valuation of CAD $30.7 Million and a 1P valuation of CAD $7.8 Million with a current market cap of CAD $8.9 Million. As of year-end 2022, the company also had CAD $6.5 Million of cash, CAD $2.067 Million of Debt, and a positive shareholder equity of CAD $53.17 Million. These third-party audited reserves, as presented below from Deloitte, are a vast value relative to the company’s current market cap.
Reserves Highlights
Avila Energy’s reserves on a Proven + Probable basis (2P) for the Company is 5,256,100 BOE valued at CAD$30.734 million based on a net present value discounted 10% before income taxes (NPV10% BT).
The CAD $30.734 million is an estimate of future cash flows and do not necessarily represent fair market value and is supported by a sustainable capital program of CAD $10.432 million for proved reserves and CAD $17.517 million for proved plus probable reserves.
​
https://preview.redd.it/orgzjtdr3w2b1.jpg?width=1360&format=pjpg&auto=webp&s=9acaf6f58c236ff5eefa52e6d9777dd07a3621d4
​
https://preview.redd.it/qd1ryqqs3w2b1.jpg?width=1360&format=pjpg&auto=webp&s=ba566c19e2fd74e93456200b726b78b69187bcbd
Clean Energy Future
Moreover, beyond being a traditional oil company, Avila is set to launch its “Vertically Integrated Energy Business, through its partnership with MTT. Supported by over a decade of R&D, including Avila's equity investment in Micro Turbine Technology (MTT), this venture promises to leverage innovative cleantech. Avila is aiming to deliver its first direct-to-consumer energy sales in North America in 2023. It also is targeting net-zero tier 3 (scope 3) CO2 emission energy for consumers by 2027.
The EnerTwin is a small, environmentally friendly power plant that simultaneously produces heat and electricity using the smallest gas turbine in the world. It runs on natural gas, LPG, biomethane, and hydrogen mixes, and thereby facilitates the energy transition to a low-carbon future in buildings.
Avila Energy says it has purchased a license for the manufacturing and marketing of the EnerTwin in the North American market. Beginning in 2026, Avila plans to sell 50,000 EnerTwin systems in North America as part of an integrated offering that also includes the provision of energy to their end customers.
To achieve this goal, the company has laid out the following timeline:

1. 2nd quarter of 2023 the preparation and filing of the application for the Canadian Standards Association (“CSA”) and Underwriter Laboratories (“UL”) Certifications for the EnerTwin in North America, based on past applications for CSA approval of KIWA certified equipment. The Company has estimated that this process is anticipated to 10-12 months in duration. 1st half of 2023 the commencement of pre-sales and servicing of the EnerTwin that are conditional on the Company attaining CSA and UL approval. In the event that the CSA and UL approval is not attained, the sales would be refunded to customers.
2. The development of the Company’s manufacturing of the EnerTwin, including the assembly or 3rd part manufactured subassemblies and the final testing prior to shipping to the customer. The ramp up of this manufacturing facility is to be completed in parallel to the CSA approval, with the first 100 installations being demonstration installations to be replace by CSA approved equipment within targeted markets in North America utilizing the EnerTwin as KIWA Certified equipment.
3. Initial contracts are anticipated to be executed 3 months after receiving CSA Certification.

The Company’s Vertically Integrated Energy Business is based on the following assumptions:
a) Power, Heat, Cooling and Daily Transportation in one invoice;
b) Reduce Consumers Carbon footprint by 40% and save the consumer money;
c) Mitigates concern for brownouts and protection from increasing transmission fees;
d) Fixed Contract plus only an annual inflation adjustment; and
e) Capacity to transition to Hydrogen in the future.
The Company’s long-term goal is to allocate a portion of its natural gas production to its newly acquired customers as a source of fuel with the cost of energy being billed to the customer at a fixed price plus an annual inflation rate adjustment. The Company’s strategy is to include the delivery of fuel and the maintenance, under long-term contracts that offers price stability. The Company plans to continue to still sell their current suite of customers in addition to the newly acquired customers from the Vertically Integrated Business.
The Company assumes early market development will qualify for government subsidies both in Canada and the United States as an efficient upgrade and or substitute for current heating and cooling. For example, the Company anticipates that the EnerTwin will qualify under the existing Canadian Greener Homes Program which will offer rebates on eligible home retrofits.
Conclusion: A Rare Opportunity
Special situation investments like Avila's proposed SPAC up listing do not come often. They offer a chance for significant potential returns but are also complex and require a deep understanding of the specifics of the deal. For Avila shareholders, the potential upside of 1450% presents a remarkable opportunity. However, potential investors should conduct their own research and due diligence or consult with a financial advisor before making any decisions. With Avila's strong business foundation, ambitious future plans, and the exciting prospect of its up listing through the merger with Insight Acquisition, the future indeed looks bright.

https://docs.google.com/document/d/1U7h3OsE_X4yJiSuyv_v9IBmN4CsLTZ-p6gcZLBxwPDw/edit?usp=sharing
Avila Energy: A Special Situation Investment with Potential for a 1450% Return
Penny Queen pick 05.29.2023
TL:DR Avila is a profitable oil and gas company in Canada with preferred, North American rights to the Ener-Twin consumer power plants. This clean technology is projected to generate gross sales of up to $25 million in 2024. Avila has entered into a business combination agreement to uplist to the Nasdaq through the $INAQ SPAC. I place the value of Avila around 30 cents US without the SPAC. Completion of the SPAC could put the share value at 85 cents US.
Because I see the company as being undervalued, and because Avila would also have to pay a penalty to break the agreement, I see this special situation as less risky at this price point. As a reminder, the PQTF peak gains on the prior three special situation stocks have been 146%, 889% and 1370%, but had major issues that if played incorrectly, could have cost people a lot of money. As always, prior performance is not indicative of future performance. I do have a position and intend to do more purchasing and will continue to re-evaluate. As always trading is risky, this is not advice and I am not a financial advisor.
I have done my best to represent the facts as I know them, if you find any errors, please let me know: [[email protected]](mailto:[email protected]) I have also created a subreddit and will have a channel available in the Penny Queen Discord. XO, PQ
Avila Energy (CA: VIK, OTC: PTRVF), an established Canadian oil and gas producer, is on the verge of a potentially transformative merger that could bring immense rewards for its shareholders. The company has agreed to combine with Special Purpose Acquisition Company (SPAC) Insight Acquisition (NYSE: INAQ).
The proposed transaction, as detailed at the link below, will allow for Avila to up-list onto the Nasdaq, enhance its ongoing carbon-neutral business strategy, and further strengthen the capitalization of the company with an expected combined entity market cap of over $190 Million.
This article will discuss the specifics of the deal, Avila's potential to diversify its revenue stream, and how it presents a rare special situation investment opportunity that could potentially lead to a total return of 1450%.
A Breakdown of the Deal
The Avila and Insight Acquisition merger is a complex one, but is potentially extremely lucrative for existing Avila shareholders. Under the agreement, Insight will continue from the State of Delaware to the Province of Alberta and acquire Avila in an amalgamation pursuant to a court-approved plan of arrangement under Alberta law.
According to the agreement, the fully diluted common shares of Avila, currently numbering 150,540,414, will be exchanged for 12,580,000 common shares of Insight Acquisition. This exchange ratio translates to about 11.97 shares of Avila for each share of Insight Acquisition.
Avila shareholders will own the following interest in the post-closing combined company:
100% Redemption (Proceeds retained from trust of US$ 1,250,000) 67.2% by Avila's shareholders;
50% Redemption (Proceeds retained from trust of US$15,781,215) 62.4% by Avila's shareholders;
0% Redemption (Proceeds retained from trust of US$29,062,430) 57.9% by Avila's shareholders.
At present, Avila shares trade at USD $0.0588 (5.88 cents), while Insight Acquisition shares trade at USD $10.23. However, given the merger and based on the exchange ratio, the post-merger price for each Avila share is projected to rise to around $0.855. This implies a staggering potential increase of up to 1450% for Avila shareholders, and forms the basis of the arbitrage opportunity that Avila presents as a special situation investment.
Avila Energy and Its Future
Looking beyond the merger, Avila Energy presents an interesting opportunity as a stand-alone company
Avila's strategic growth plan is divided into three phases:

1. Upstream, where it plans to invest towards becoming a low-cost, carbon-neutral energy producer.
   
2. Downstream, diversifying its revenue stream through the development of direct-to-consumer sales, aiming to boost demand, margins, and profitability.
   
3. Providing customers with the option to convert to Avila’s developing hydrogen-fueled solutions, expected to be commercially available in 2027, as part of its Corporate Vision.
   

The company has a diversified and growing portfolio of 100%-owned and operated wells, three oil and natural gas processing facilities, 150,000 acres of leased exploration rights, and over 300 kms of gathering and sales pipelines.
The P&L displays robust numbers with $3.08 M in net revenue, more than 50% margins, with the majority of the revenue attributable to clean burning natural gas.
Avila currently has a 2P valuation of CAD $30.7 Million and a 1P valuation of CAD $7.8 Million with a current market cap of CAD $8.9 Million. As of year-end 2022, the company also had CAD $6.5 Million of cash, CAD $2.067 Million of Debt, and a positive shareholder equity of CAD $53.17 Million. These third-party audited reserves, as presented below from Deloitte, are a vast value relative to the company’s current market cap.
Reserves Highlights
Avila Energy’s reserves on a Proven + Probable basis (2P) for the Company is 5,256,100 BOE valued at CAD$30.734 million based on a net present value discounted 10% before income taxes (NPV10% BT).
The CAD $30.734 million is an estimate of future cash flows and do not necessarily represent fair market value and is supported by a sustainable capital program of CAD $10.432 million for proved reserves and CAD $17.517 million for proved plus probable reserves.
​
https://preview.redd.it/k383bv2t2w2b1.jpg?width=1360&format=pjpg&auto=webp&s=361a1468a012b437e5290b52e7b053ba455f9a2e
https://preview.redd.it/ywwglhwu2w2b1.jpg?width=1360&format=pjpg&auto=webp&s=cc7b816e3dfa21a108732df3531a6ef0258734fa
Clean Energy Future
Moreover, beyond being a traditional oil company, Avila is set to launch its “Vertically Integrated Energy Business, through its partnership with MTT. Supported by over a decade of R&D, including Avila's equity investment in Micro Turbine Technology (MTT), this venture promises to leverage innovative cleantech. Avila is aiming to deliver its first direct-to-consumer energy sales in North America in 2023. It also is targeting net-zero tier 3 (scope 3) CO2 emission energy for consumers by 2027.
The EnerTwin is a small, environmentally friendly power plant that simultaneously produces heat and electricity using the smallest gas turbine in the world. It runs on natural gas, LPG, biomethane, and hydrogen mixes, and thereby facilitates the energy transition to a low-carbon future in buildings.
Avila Energy says it has purchased a license for the manufacturing and marketing of the EnerTwin in the North American market. Beginning in 2026, Avila plans to sell 50,000 EnerTwin systems in North America as part of an integrated offering that also includes the provision of energy to their end customers.
To achieve this goal, the company has laid out the following timeline:
1) 2nd quarter of 2023 the preparation and filing of the application for the Canadian Standards Association (“CSA”) and Underwriter Laboratories (“UL”) Certifications for the EnerTwin in North America, based on past applications for CSA approval of KIWA certified equipment. The Company has estimated that this process is anticipated to 10-12 months in duration. 1st half of 2023 the commencement of pre-sales and servicing of the EnerTwin that are conditional on the Company attaining CSA and UL approval. In the event that the CSA and UL approval is not attained, the sales would be refunded to customers.
2) The development of the Company’s manufacturing of the EnerTwin, including the assembly or 3rd part manufactured subassemblies and the final testing prior to shipping to the customer. The ramp up of this manufacturing facility is to be completed in parallel to the CSA approval, with the first 100 installations being demonstration installations to be replace by CSA approved equipment within targeted markets in North America utilizing the EnerTwin as KIWA Certified equipment.
3) Initial contracts are anticipated to be executed 3 months after receiving CSA Certification.
The Company’s Vertically Integrated Energy Business is based on the following assumptions:
a) Power, Heat, Cooling and Daily Transportation in one invoice;
b) Reduce Consumers Carbon footprint by 40% and save the consumer money;
c) Mitigates concern for brownouts and protection from increasing transmission fees;
d) Fixed Contract plus only an annual inflation adjustment; and
e) Capacity to transition to Hydrogen in the future.
The Company’s long-term goal is to allocate a portion of its natural gas production to its newly acquired customers as a source of fuel with the cost of energy being billed to the customer at a fixed price plus an annual inflation rate adjustment. The Company’s strategy is to include the delivery of fuel and the maintenance, under long-term contracts that offers price stability. The Company plans to continue to still sell their current suite of customers in addition to the newly acquired customers from the Vertically Integrated Business.
The Company assumes early market development will qualify for government subsidies both in Canada and the United States as an efficient upgrade and or substitute for current heating and cooling. For example, the Company anticipates that the EnerTwin will qualify under the existing Canadian Greener Homes Program which will offer rebates on eligible home retrofits.
Conclusion: A Rare Opportunity
Special situation investments like Avila's proposed SPAC up listing do not come often. They offer a chance for significant potential returns but are also complex and require a deep understanding of the specifics of the deal. For Avila shareholders, the potential upside of 1450% presents a remarkable opportunity. However, potential investors should conduct their own research and due diligence or consult with a financial advisor before making any decisions. With Avila's strong business foundation, ambitious future plans, and the exciting prospect of its up listing through the merger with Insight Acquisition, the future indeed looks bright.

Anyone buy a charm before obtaining the legit charm in game?

- Hey everyone, my name is Joon and I am a GrandmasteChallenger player on the NA server. I also achieved the Master rank in 100 games on the Korean server. I currently have 5 accounts in 5 roles in MasteGM Elo and I constantly play Solo Q to keep up with meta changes (No Season 3-High Elo-washed up player coaching here 😉). I am also a CLOL collegiate coach for Ryerson University-TMU and verified both on Pro Guides (https://www.proguides.com/coach/joon) and the League Coaching subreddit.
Why Choose Me?
- More than anything I am very proud of the work and progress that I have achieved with all of my students over the course of years of coaching. I would encourage you, my potential new students, to have a look at the student progress page on my server, where many of my students post frequently showing the tremendous progress that they have made since they started coaching with me (https://discord.gg/SUrJuazdBz). My approach to each student is individual and I can quickly identify your strengths and weaknesses. Unlike many other coaches, my goal is not to push you to play my playstyle or my champions but to highlight YOUR strengths in your gameplay and minimize any weaknesses you might have.
Pricing
- Each coaching session takes 1 hour and costs $30 per session.
Do you offer bundles and plans?
- Absolutely, I include a FREE 1-HOUR session for a bundle of 5 sessions. (5 Hours + 1 Free)
Is there a trial session?
- Yes, a trial session lasts around 15 minutes, in which I will review and analyze your OP.GG and watch one of your recent VODs of choice. During the trial session, I will focus on the common fundamental mistakes that you often make as well as point out some windows of opportunities that you tend to miss.
Rank Proof
Unlike many other "High Elo" coaches out there with no proof or accounts dating back to Season 6 or other prehistoric times when the game was completely different, I grind Solo Q on multiple high elo accounts and servers constantly while reaching top GM+ ranks on every lane from top to bot on different servers (NA, EUW, KR) every season. In the last 2 seasons, I have climbed to Grandmaster + in every role. Accounts are posted on my discord for proof with screenshots and have my students added on my accounts as they tend to refer to my games for their own improvement.
Grandmaster
Pro Guides Reviews
Challenger
Grandmaster
Rank 4 Rumble 64% winrate on champion and 60% winrate overall Grandmaster
https://discord.gg/kB25pSwMEM - My accounts posted on my server
What can I expect from the sessions?
- A Session's format will depend on what you and I both believe would be a better fit for you based on your learning style (practical, theoretical, observing, etc.) and will consist of:

• VOD Review
• 1v1 Custom Practice (to apply the theoretical knowledge of mechanics, wave management, trading patterns, recall timers, solo kills etc.)
• Co-Piloted Live Game
• Champion-Specific Coaching
• Duo game with Commentary
• You can expect Guaranteed Improvement in every aspect of the game such as trading, jungle pathing and ganking routes, wave management, objective control, team fighting, split pushing, increasing your lead, mid and late-game macros, etc.
• No longer will you run around the map cluelessly after the laning phase is over and question yourself on your next move, you will have ALL YOUR QUESTIONS ANSWERED.
• Ever wondered how smurfs can 1v9 games in your elo? You will learn how to gain and how to push your advantages like a smurf focusing on resource accumulation and keeping your in-game tempo high and close-out games early as well as how to come back from unwinnable games.

- Your dedication to improving combined with the knowledge I can provide you will result in the growth of Divisions and even Tiers.
❗This is an example of a Full Coaching Session with me: https://www.twitch.tv/videos/1257158400
Recent Achievements:
My recent students climbed from

• Diamond 2 to Master 190 LP in 2 Sessions (MID) (Updated 300 LP)
• Master 50 LP to 800 LP GrandmasteChallenger (MID)
• Diamond 3 to Master 250 LP 3 Sessions (ADC)
• Diamond 1 to Master 10 LP 1 Session (ADC) (Updated 200 LP)
• Diamond 3 to Master 100 LP (JG) (Updated 300 LP)
• Platinum 3 to Master 200 LP (Jungle, Mid, Top)
• Gold 3 to Master 300 LP (Top Renekton, Fiora)
• Platinum 3 to Diamond 3 in 3 sessions and 3 weeks (JG)
• Gold 3 to Diamond 4 in 5 sessions
• Iron 2 to Gold 3 in 6 sessions (Mid, Jungle)
• Bronze 4 to Silver 1 in 1 month (ADC)
• Platinum 4 to Platinum 1 in 3 weeks (Renekton) (Updated Diamond 2)
• Diamond 2 to Grandmaster 480 LP in 2 sessions! (TOP Riven Updated 600 LP)
• Platinum 1 to Diamond 1 in 3 weeks (ADC)
• Silver 2 to Plat 3 in 3 weeks (TOP) (Updated Diamond 1!)
• Silver 4 to Plat 4 in 1.5 months (MID)
• Gold 4 to Plat 4 in 3 sessions (MID) (UPDATE - PLAT 2!)
• Silver 1 to Diamond 4 in 2 months (JG)
• Diamond 2 to Master in 5 sessions (MID)
• Platinum 1 to Diamond 2 in 4 sessions (SUPP)
• Gold 1 to Plat 3 in 1 Session (ADC)
• Platinum 4 to Diamond 4 (ADC) and many more

Recent Students reaching Grandmaster from Diamond 2 and Diamond 1 from Platinum 3
Master for Top and ADC students (NA and EUW)
All of these achievements and more you can see posted by my students in my Discord Group (https://discord.gg/SUrJuazdBz)
- Imgur links to students' progress (Names Blurred for Privacy): https://imgur.com/gallery/Supm2J1-
Availability
- I am available practically 16-17 hours a day as I am a full-time League of Legends Coach
- Session lasts for 1 hour and the price is $30 per session
- COACHING ON ALL SERVERS AND TIME ZONES
- BUNDLE TAKE 5 SESSIONS + 1 HOUR Session Free
- FIRST SESSION IS FREE (15 mins)
Contact Details
My Discord is Joon#7556
DISCORD SERVER: https://discord.gg/uhvrcH5yYS
Proguides Review Page: https://www.proguides.com/coach/joon
VOUCH POST: https://www.reddit.com/LeagueCoaching/comments/nkx9td/vouch_post_for_joons_coaching

Get an exclusive look inside @JewelSwapX!🕵️‍♂️
We sat down with their Co-Founder last Wednesday and delved into #NFTs, their modules, and plans for the future!
Project Dialogue: Viktor Vostrikov CO- Founder JewelSwap
​
Here are the top 3 key takeaways from our conversation🧵
Q: Can you talk about the process JewelSwap goes through to ensure the security of its smart contracts? Since there isn't any audits mentioned on the JewelSwap Website or Docs section.
A: A: Our approach to securing smart contracts on JewelSwap is deliberate and transparent. The initial strategy was to hold off on auditing until we had completed a substantial portion of the code. While the cost of audits is significant, that wasn't our primary reason for this decision. We are focused on ensuring that the code that is actually being utilized by our platform is the code that gets audited. This way, we avoid a scenario where we audit, say, 50% of our work, then add a host of new features upon release, leaving that additional 50% unaudited. In our commitment to transparency, I must acknowledge that we faced some delays in the auditing process due to our decision to engage an audit company from outside of the #MultiversX ecosystem, which didn't prove as effective as we had hoped. However, I am pleased to report that we expect to complete the audit process within the next one to two weeks. This marks a significant milestone in our journey towards ensuring the integrity and security of our platform for our users.
​
Q: NFT Finance is redefining the utility of #NFTs by introducing #DeFi type products. Do you think JewelSwap is best suited to pursue this emerging trend due to the nature of the products you have already? What do you think are the potential risks and challenges associated with integrating DeFi principles into NFTs?
A: Before embarking on the JewelSwap journey, I admit my knowledge of #NFTs was somewhat limited. However, the creation of our proprietary Collection "Comverse" and engaging with our vibrant community has truly deepened my understanding of what constitutes a successful NFT project. I believe this knowledge informs our approach to the NFT #Finance sector and positions us well to navigate the new landscape. In terms of potential challenges, one significant issue could be the potential illiquidity of NFTs. A dynamic and active marketplace is crucial for maintaining asset liquidity. Fortunately, #MultiversX boasts one of the most robust marketplaces in the field, enhanced by an impressive UI/UX design that stimulates trading activity. The consistent high ranking of MultiversX across various blockchains in terms of volume is testament to this. Another possible risk is the demand for utility in NFT projects from the community. A project's longevity can be jeopardized without ongoing development activity. However, JewelSwap offers a solution by providing an additional utility for collections: the ability for the community to borrow $EGLD. This not only adds value but also incentivizes members to invest in tokens, generate profit, and repay loans. Moreover, the maintenance of a positive, transparent, and communicative environment is key to fostering a thriving community. The enhanced utility offered by JewelSwap contributes to this dynamic, and should projects uphold this transparency and vibrancy, they can leverage JewelSwap as an additional benefit. Ultimately, JewelSwap aims to deliver an enjoyable and beneficial platform for users. After all, why would anyone want to stay in a Discord channel that isn't delivering a valuable and entertaining experience? As long as projects can sustain this positive and transparent community spirit, JewelSwap is well-equipped to support them in the emerging trend of NFT Finance.
​
Q: Buy Now Pay Later and rental services are common in traditional finance and #ecommerce. What are some of the challenges faced in implementing BNPL and rental models in the context of NFTs? Do you think these models could influence the way people interact with NFTs in the long run? And of course is it something that you see exploring with JewelSwap down the line?
A: Absolutely, we've already incorporated a feature that mirrors the "Buy Now Pay Later" concept. This is currently operational under "#Mortgages", but perhaps a better name might have been "Down Payment," given the mechanics of the feature. Here's how it works: suppose an NFT is priced at 7 EGLD, a user can utilize just 2 EGLD to acquire it. The remaining 5 EGLD is structured as a loan that needs to be repaid. However, inherent risks accompany this process, and one obvious risk is the possibility of failing to redeem the NFT, leading to its liquidation. Despite this risk, our community has embraced this feature and instances of non-repayment and subsequent #NFT liquidation have been surprisingly rare. Any NFTs that do get stuck in the Smart Contract due to this process can be later listed on a secondary marketplace. So, in essence, yes, we're already exploring these financial models in the NFT context with JewelSwap and continuously assessing their influence on user interaction with NFTs.
​
Interested in hearing the full interview?
Listen now: twitter.com/i/spaces/1kvJp…
Talk more about these topics with our community by joining our Telegram: https://t.me/EntityCommunity/1
​
Source: [email protected]