PolkaBridge x Shoefy AMA Recap

12 min readOct 11, 2021

PART 1 — HOST QUESTIONS

Q1: Can you briefly introduce about Shoefy? What are the highlights of the project?

Michal | Managing Director @ Catena Venture Capital — CMO @ShoeFy

ShoeFy is an innovative decentralized platform that combines Non-Fungible Tokens (NFT) and Fungible Tokens (FT). It is a futuristic NFT project that utilizes cutting-edge DeFi tools to maximize returns. ShoeFy can amplify the NFTs potential by including both farming and staking to generate passive income.

ShoeFy will have two tokens namely, $SHOE(ERC-20), the native Fungible Token and sNFTs (ERC-721) which are randomly generated on-chain. Each NFT is an algorithmically programmed unique digital pair of shoes on the platform.

The project is led by a team of experienced blockchain venture capitalists, creative NFT developers, and top-tier marketing experts spanning from Europe to Canada and onto South Korea & Thailand in SE Asia. Our team members share common goals and foresee a huge opportunity in the NFT and DeFi market space. In terms of their backgrounds, some of them are founders of creditable VC firms and also marketing experts. Other members have experience in reputable crypto projects and exchanges. Also, we have boarded a tech team of superior talent building our platform.

Q2: So , users can farm and stake Shoefy NFT and earn, right?

Michal | Managing Director @ Catena Venture Capital — CMO @ShoeFy

Yes, that is correct, every one of our users is able to stake their sNFT (ShoeFy NFTs) and earn $Shoe tokens as a rewards for holding their NFT. We will have a promotional yield which will be very appealing! Yes, and they can also wear our sNFTs in the metaverse, but we will get to that later.

Q3: What will Shoefy contribute to the NFT world as well as Defi ? How Shoefy works?

Michal | Managing Director @ Catena Venture Capital — CMO @ShoeFy

Our competitive advantage is definitely that Shoefy is one of the early adopters realizing that the NFT and FT combination will provide greater utility and innovation. There are very limited platforms in the market as of now. Shoefy has a vast potential to scale and expand, integration to metaverse, and gamification. Its innovative and contemporary approach of combining the NFT and FT, provides the opportunity to earn passive income whilst enjoying the collections. Like play to earn is taking the storm, collecting NFT and earning will be the next thing. And ShoeFy will be pioneering in this space.

$SHOE token will be utilized as the native token to add Utility to NFT via staking, farming and LP which generates the passive income.

$SHOE token will be used for the Governance, DAO. $SHOE will also be used as the entry ticket to the ShoeVerse (metaverse of shoefy platform) and at the later stage for incentivizing in the play to earn game such as shoe battles, shoe contests and shoe fashion show.

$SHOE will be used as the SWAP fee for the NFT SWAP.

$SHOE token is required to be paid for minting/farming new shoe NFT in the ShoeFy platform.

Q4: SHOE token will be available on Ethereum and Polygon right ?

Michal | Managing Director @ Catena Venture Capital — CMO @ShoeFy

Thats correct, we just held a very extensive call with our developers discussing the possibilities for a cross-chain bridge that is at the fore-front of industry security, audited by multiple firms and compliant with the top standards.

Since we know that recently alot of exploits happened in crypto, we are doing everything not to fall victim to another one. Its just common practice which every project should take.

Q5: Can you share about Shoefy’s achievements and upcoming roadmap?

Michal | Managing Director @ Catena Venture Capital — CMO @ShoeFy

We are currently in the second phase of the 3rd quarter in our roadmap, programming the genesis sNFTs and gearing up for $SHOE token IDO. ShoeFy has a long-term vision to innovate and evolve over time. ShoeFy will tap into the different ecosystems of Gaming, Collectibles, and establish a presence in the metaverse, with digital kicks that are unique. Later this will lead to expansion to different other merchandise, partnering with reputable fashion brands.

Our marketing team is going aggressive and our developers are working round the clock. We will be doing our IDOs in 5–7 reputable launch pads by mid October starting on the 11th!

Q6: Can we know more about Metaverse in your project ?

Michal | Managing Director @ Catena Venture Capital — CMO @ShoeFy

Indeed, we are all living it in right now anyways, its just not 3d ;)

We will be partnering up with very popular metaverse’s in the near future. Be it the likes of Decentraland, Sandbox, Bloktopia… We have that in our road-map to make these high quality integrations of our digital fashion brand into every metaverse. We essentially aim to become the “Nike” of the metaverse with our unique digital wearable shoes.

We are going to be having all the possible integrations with low, medium and high poly metaverses. Meaning that the quality of the ShoeFy Shoes will be visible 🚀

Q7: Can you share about Shoefy’s partner list? How did they contribute to the project?

Michal | Managing Director @ Catena Venture Capital — CMO @ShoeFy

We have officially partnered with some big names like Duck Dao, MoonWhale, Ex Network, PolkaBridge and many more.

We are now announcing our official Launchpads! We are starting our Launch Week on Polka Bridge on the 11th of October, followed by other launchpads in the coming week!

These partnerships are so invaluable for ShoeFy. Each of our partners is a very reputable investor with years of experience and knowledge in the field. They have diverse sets of resources and skills that can boost ShoeFy’s trajectory in the Marketplace. Their vast network and connections will be a big advantage in terms of marketing and reaching out to communities. The advantages are numerous, so please follow our Telegram Chat to never miss an update, and subscribe to our e-mail list on our website to be the first to hear about our public sale whitelist which anybody can participate in to get even more $Shoe Tokens!

Telegram Official Chat: https://t.me/ShoeFy_Official

(https://t.me/ShoeFy_Official)Website: https://www.shoefy.io/

Q8: can you share about Shoefy’s tokenomics as well as the upcoming IDO schedule?

Michal | Managing Director @ Catena Venture Capital — CMO @ShoeFy

Our token price will be $0.5 in IDO. Our project has two tokens. We have the fungible token $SHOE, an ERC 20 token that will be used as the native currency on our platform for transactions, farming, governance, and many more.

And we have the non-fungible token sNFT a ERC 721 standard. So we are different from other projects in that aspect because we are a combination of NFT + FT which is our winning formula.

In regards to our economics, we are holding a crowd-sale and a public-sale! The Crowd-sale Launch Week is coming up, starting on the 11th, the wonderful community of Polka Bride will have the chance to purchase $Shoe tokens early!

After our Launch-pads confirm, we will be carrying out he public sale whitelist exclusively on our telegram group (https://t.me/ShoeFy_Official) where each applicant will have a chance to win a fully-unlocked allocation of $Shoe!

1. Polkabridge -11th oct

2. Moonstarter-12th oct

3. Multipad -12 oct

4. Duckstarter- 13 oct

5. TruePnl -13oct

6. Kiwikstarter — 13 oct.

7. Oxbull -14th oct.

8. Ignition.- 14th oct

This is our full Launch-pad schedule 🚀

https://twitter.com/realpolkabridge/status/1442511188114358280

https://twitter.com/multi_pad/status/1446449363643813890?s=20

https://twitter.com/dao_duck/status/1446249017625677825?s=20

https://twitter.com/moonstarter_off/status/1445869661728346113?s=20

PART 2 — Telegram Questions

Q1: Can you provide the project roadmap and tell us a little about your plans for 2021 and your plans for next year 2022?

Michal | Managing Director @ Catena Venture Capital — CMO @ShoeFy

We have mentioned our roadmap previously, now the next items in are our successful public rounds on the launchpads and the launch of our ShoeFy ecosytem. Our eco-system will enable users to stake their $Shoe tokens right from day 1 at SUPER high APY! So make sure to head over to our app when its live!

Q2: Who is your project’s biggest rival? In the future, does your project have a plan to beat your rival or cooperate with them? I think that will be a huge step forward for your project.

Michal | Managing Director @ Catena Venture Capital — CMO @ShoeFy

Currently there are no rivals to our project, there is no other project launching a dual-NFT-FT combination in the Digital Fashion Space and wearables niche. Therefore to still answer your question, if a project was to come up, and even if we are the bigger one, we always support the growth of the ecosystem. Therefore we will definitely come up with a fruitful partnership & collaboration between the both of us.

Q3: How did you get the community involved in developing the Shoefy project? and how do you build a strong community to grow globally?

Michal | Managing Director @ Catena Venture Capital — CMO @ShoeFy

We have come up with the idea for ShoeFy since we saw the hole in the market. There was simply no other project that gave its users the capability to stake NFTs to receive a form of value other than hoping for price appreciation. The community is very much at the core of ShoeFy’s heart when developing the project. We always keep the community in mind. Blockchain and crypto, in general, are global initiatives. Crypto does not know any borders and that’s one of its main reasons. Same applies for ShoeFy, we don’t focus on any specific community or geo-location to market our product to. Rather we focus on the holistic vision of the project and try to cater to the global market.

Q4: Regarding marketing, what plans, ideas and next steps does your project have to attract investors and users? Do you intend to leverage the popularity of social media to make your Project even more popular?

Michal | Managing Director @ Catena Venture Capital — CMO @ShoeFy

We have a long-term vision of making ShoeFy adopted by existing hypebeasts & sneakerheads by introducing them to the digital fashion world, which will sooner or later take over the popularity of the existing one. We understand that some of the hypebeasts or fashion gurus are not fluent with using metamask, therefore our marketing campaign targeted at the outside of crypto fashion enthusiasts strongly considers the learning curve of adopting NFTs and crypto in general.

Q5: Collaborations and partnerships are some of the most important cornerstones to help improve adoption. Can you tell us about your current partners, plans for partnerships and what everybody stands to gain from these partnerships?

Michal | Managing Director @ Catena Venture Capital — CMO @ShoeFy

We have officially partnered with some big names like Duck Dao, MoonWhale, Ex Network,and many more. We have a master partnership announcement in the pipeline.

These partnerships are so invaluable for ShoeFy. Each of our partners are very reputable investors with years of experience and knowledge in the field. They have diverse sets of resources and skills that can boost ShoeFy’s trajectory in the Marketplace. Their vast network and connections will be a big advantage interms of marketing and reaching out to communities. The advantages are numerous.

https://twitter.com/ShoeFyio/status/1438243977170358272?s=20

https://twitter.com/ShoeFyio/status/1439237044006531081?s=20

https://twitter.com/ShoeFyio/status/1440030923492265993?s=20

https://twitter.com/ShoeFyio/status/1438835834636029963?s=20

https://twitter.com/ShoeFyio/status/1438929617817989128?s=20

https://twitter.com/ShoeFyio/status/1438578441884999681?s=20

Q6: Currently most investors only care about profits at the moment but ignore the long-term benefits. So can you give them some reasons why they should buy and hold your token in the long term?

Michal | Managing Director @ Catena Venture Capital — CMO @ShoeFy

We have introduced many deflationary mechanism’s into our $Shoe token, You can find out more about the Token’s deflationary utility such as the time-lock for sNFT farming, Time-locked staking and other aspects which weight in opportunity cost of time to lock away tokens and decrease circulating supply. All of these will be used to support long term adoption,\.

Q7: Where can I buy your tokens now, what are your current contracts address and how can I buy them and what are the benefits?

Michal | Managing Director @ Catena Venture Capital — CMO @ShoeFy

Our token is launching in October, first IDO will be on the 11th! The TGE is on 19th of September! 🚨

⚠️Please be cautious, we currently dont have any trading $Shoe token available for purchase at this moment ⚠️

Q8: Can you briefly describe your PARTNERSHIP so far and upcoming partnerships?

Michal | Managing Director @ Catena Venture Capital — CMO @ShoeFy

Strong partnerships, synergy and momentum is what will keep us moving. We keep maintaining our communication and interaction with our community very strongly which helps a lot in engaging our supporters for the growth of our project.We will keep innovating features in our platform and demonstrate real progress and obviously offer attractive rewards programs until the platform goes live.

Q9: Security and anonymity are always prioritized by BlockChain projects in the development of project platforms and technologies. So, does you have any technological solutions or plans to enhance user trust in these issues?

Michal | Managing Director @ Catena Venture Capital — CMO @ShoeFy

Security is our top priority, therefore we are going to be using a reputable third party audit firm to audit our smart contracts before we launch our product. We have made it a vital requirement to pass all the rigorous assessments of third party auditors, and ShoeFy will not launch unless we pass the audit.

Q10: What is the meaning of the name of the project and why did you name it that way?

Michal | Managing Director @ Catena Venture Capital — CMO @ShoeFy

When we were coming up with a creative idea of merging NFTs with existing DeFi capabilities, we brainstormed the whole direction of the NFT market. We have observed that character and avatar projects have done very well in the past, however wanted to take that a step further and be visionaries as to what might come in the future.

Therefore, we have observed the trend of how the digital fashion space is evolving and we have chosen to become a digital fashion brand with DeFi utility on our goods. Since many existing hypebeasts have come across the term “reselling” where a sneakerhead buys a sneaker not just because he wants to wear it, but because they want to flip it and make a profit.

We have therefore taken this a step further and starter ShoeFy a digital fashion brand specialized in sneaker NFTs which can be staked and thus the ShoeBeats can earn passive income by holding their sNFT!

🚀 Email: contact@shoefy.io

🚀 Website: https://www.shoefy.io/

🚀 Telegram Official Chat: https://t.me/ShoeFy_Official

🚀 Telegram Official Announcement: https://t.me/ShoeFy_Official_Announcements

🚀 Twitter: https://twitter.com/ShoeFyio

🚀 Medium: https://medium.com/@ShoeFy

🚀 Discord: https://discord.com/invite/n3zbkzC4