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Rhythm AMA | Amasa: personal income "micro" Web3 era management experts

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In the Web3 era, how can users earn a small income and reinvest their cash flow?

September 24, 18:00, Will & Scott& NBSP, core contributors to Amasa, a micro cash flow investment application; Visited Rhythm AMA and had an online exchange with Rhythm BlockBeats on the topic of "Personal" micro-income Management expert in Web3 era ".

Amasa is building the world's first micro-investment App, which will make micro-income easy to capture, composite and stable, and allow users to further increase their income by choosing the DeFi option to invest. Designed to connect millions of users with play-to-earn games, NFT and metaverse creators, and Web3.0 and DeFi platforms.

Amasa is the world's first micro cash flow investment application dedicated to investing a tiny cash flow portfolio in DeFi projects. In this AMA, the core contributors of Amasa project shared how users can capture a micro income and reinvest their cash flows in the Web3 era.

The following is the content of this AMA, which is sorted out by Rhythm BlockBeats:

Rhythm BlockBEats: We know that the Amasa team was the first to focus on micro-revenue asa major product, but the concept of micro-revenue seems a bit out of fashion at the moment. Can you tell us why the Amasa team chose this track for their startup?

Answer:The core team at Amasa came together with a fundamental belief that wealth should go from being in the hands of the few to being distributed fairly to the many. We think the transition from Web2 to Web3 is an incredible opportunity for anyone who can use a smartphone to access the Internet and start creating value with their online time.

There are about 4 billion people in this group, many of them in developing countries. So while we believe that users in developed markets can create meaningful wealth at the intersection of Web3.0 and Defi through the Amasa platform, there is also the potential for a very positive impact in developing countries.

Rhythm BlockBEats: Many users may not know the core concept of Micro income Streams. How does the Amasa team define micro income streams? In addition to play to earn in linked games, what other common user activities are micro-revenues?

Answer:Micro Income Streams are regular amounts of cryptocurrency income from things you already do online or things you're interested in participating in. These revenues are paid for by Web 3.0 services. There are many types of apps that already provide micro-revenue, such as:

Earn while you play (like Axie Infinity)

Browser and AD viewing (e.g. Brave)

Data analysis (e.g. Swash)

Shared data storage or processing power (e.g. Storj, Golem)

Social networks (e.g. Sapien, Minds)

..........................................

And many other normal online activities you may already be doing

https://amasa.medium.com/a-deeper-dive-into-micro-income-streams-656e8f3af16.

You can use this website to find out what micro-revenue generating opportunities are out there

Rhythm BlockBeats: Do micro-incomes have to be paid for with cryptocurrency? Why don't we hear so much about micro-revenue on the traditional Internet?

Answer:The traditional Internet does not provide micro-revenue in the way that blockchain-enabled Web 3.0 does. Instant transaction speeds and near-zero transaction costs make micro-gains possible in many different areas.

But there are also integrated investing apps like Acorns, which let users put small amounts of money into investments from traditional credit card features, that have been hugely popular. Although our focus is on developing the great forward-looking potential of Web 3.0, Amasa can also integrate this feature.

Rhythm BlocKBeats: micro-revenue apps seem to depend on the development and maturity of the Web3.0 infrastructure, so can you give us a brief overview of how the Amasa team understands the concept of Web3.0, how far you think Web3.0 has progressed, and how close you are to eventual mass adoption?

Answer:Yes, as Web 3.0 grows and evolves, micro-revenue applications built on top of it will be improved and further promoted. We believe that Web 3.0 will have the same impact on the world as the Internet did when it first emerged. The existence of the Internet to exchange and knowledge sharing will continue to push things forward.

Web 3.0 will contribute to value and individual ownership and improve on most existing models. Web 3.0 has achieved a lot so far, and the growth is exponential, so it's going to be pretty incredible over the next one, three, five years. Mass adoption will be rapid once a tipping point is reached, and given the growth rates of various Web3 projects like Brave and Axie Infinity, With the support of many key Web 2.0 figures (like Tim Berners-Lee, the father of the Internet, or Jack Dorsey, the CEO of Twitter), Web 3.0 could spread quickly.

Consider the speed with which Tiktok has become a global behemoth. If the next Tiktok is built as a Web 3.0 app, then suddenly Web 3.0 really is everywhere!

Rhythm BlockBeAts: in Web3.0, the micro revenue generated by users may exist on multiple public chain platforms. How does Amasa integrate the revenue generated by users on these different public chain platforms? Is the consolidated account used to aggregate these micro-receipts an escrow account? Which blockchain is the Amasa application itself built on?

Answer:One of the main issues the Masa platform seeks to address is seamless interoperability between chains and micro-revenue projects.

Bringing users' information flows together in one place is something we work on with different projects, and we all want to do it in the best way possible, with the project team and their users in mind, to ensure that everyone can achieve value.

Micro income will be combined with a completely non-custodial approach, which is a key factor in giving people control over their own value. So the smart contract will take care of functions within the app, moving user money from one place to another, but only the user can use their money. Amasa uses Ethereum asa starting point because we instantly interact with a large number of high-quality projects on Ethereum.

Rhythm BlockBeAts: Does Amasa need to integrate cross-chain technology due to the need to aggregate micro-revenues from different chains? Is there a list of public chains or applications that Amasa plans to support?

Answer:That's a good question. For us, it made the most sense to start with Ethereum -- the number and proven track record of high quality projects on Ethereum is undeniable.

But we are chainless and absolutely committed to building platforms that work on any chain and give as many opportunities as possible for new users to enter the world. Polygon was an early supporter and partner of Amasa, and we are working closely with them to benefit from their Layer2 solution.

The ultimate goal is cross-chain compatibility, and while we'll start with Ethereum and L2 Polygon, we'll integrate other chains where Web3 projects are being widely built and used to earn a small income.

Rhythm BlockBeaTs: Amasa has integrated the following management process into three steps: Combine, stabilize, and Amplify. Can you tell us more about the process?

Answer:

Combine refers to adding or aggregating multiple micro-streams in one place, and Amasa apps make it easy to add multiple streams based on your online behavior.

Stabilization (Stabilise) means that the value of your combined micro income is no longer subject to market fluctuations.

Amplify is where you pick your preferred DeFi portfolio to improve returns.

Again, Amasa applications are built to make it easy for anyone to capture revenue and realize value in the context of everyday life.

BlockBeats: Please introduce the token economy of Amasa token AMAS.

Scott:I hope this picture answers your questions:

BlockBeats: When is Amasa expected to launch? Can you tell us about Amasa's product development roadmap?

Answer:Next week September 28th to September 30th we have our ID0 on Chainboost and Trustpad. We also released the pre-ID0 NFT on The Genesis Shards Genpad on September 22. These releases are our main focus right now.

After that, our token will go online with Uniswap and we will focus on product development for Amasa applications, which we aim to launch in the second quarter of 2022. And then our goal is:

- Expanding micro revenue, stabilizing and DeFi integration with Amasa apps, and improving apps across the board;

- Expand user base and community;

- Make the Amasa experience as complete as possible.

Our plan is to grow the ecosystem and grow the Amasa platform as an integral part of global Web3.0 and DeFi. We really want to help drive adoption and growth of Web3.0 and DeFi.

BlockBeats: We know that Amasa's governance token AMAS is preparing for ID0. Could you please introduce the basic situation of ID0 this time?

Answer:Some of the things mentioned above. Amasa's token AMAS is a governance token whose function in the Amasa ecosystem will evolve over time. AMAS will allow holders to participate in community governance by initiating proposals and voting on developments such as new DeFi and micro-revenue integration and new features that create value for the community.

Rewards and other value-added features may be added to the community, and we are considering gamification and redemption through special NFT.

BlockBeats: What are Amasa's plans for the near future?

Answer:Marketing, community development and partnership development will continue and expand our reach with a launch in the early first quarter of 2022.