# AMA Recap: ApolloFi x Mars Ecosystem - ApolloFi - Medium

**Published by:** [Rogger](https://paragraph.com/@roggerlzh/)
**Published on:** 2022-08-17
**URL:** https://paragraph.com/@roggerlzh/ama-recap-apollofi-x-mars-ecosystem-apollofi-medium

## Content

We are so excited to have an AMA with Mars Ecosystem. Here is a transcript of our AMA for your reading pleasure:First of all, could you introduce yourself and the current progress of the project?Hello, guys, I am Phebe, the co-founder of ApolloFi. grateful to join the AMA to tell more about ApolloFi. In this period of Beta II, ApolloFi has launched NFT & fragment purchase, NFT upgrade, NFT staking, social, etc. So far, the total number of ApolloFi users has reached 132,330, and the number of active addresses has reached 47,471. At the same time, our third phase of the public beta is about to start, so stay tuned.1.What is the ApolloFi?ApolloFi is an integrated Web 3.0 SocialFi platform for creative ideas and NFTs. By empowering creators and allowing more individuals to contribute to the whole ecology, ApolloFi aims to establish a free and diverse creator paradise. The great vision of ApolloFi is infinite socializing. It hopes to provide the current Web 2.0 users with a bridge to the Web 3.0 world, use NFT as the cornerstone, open up new communication channels, and innovate social habits.2.How does ApolloFi works？On ApolloFi, users are free to publish content, interact with friends, participate in DAO governance, and engage in the future decision-making of the platform. Not only limited to social, ApolloFi also provides NFT purchase, NFT staking, NFT upgrade and other products, constantly broadening the degree of connection between NFT and social behavior, but also further enhancing the asset value of NFT. 1. Launching the NFT series: ApolloFi offers every user an opportunity to mint their published content as NFTs. They have unique on-chain symbols and can be traded in the market. At ApolloFi, we provide a complete system for NFT upgrading with unique labels and descriptions attached to each token. NFT will serve as the only proof of identity and assets for users. 2. Timestamp of ownership: Owning an ApolloFi NFT is much more than just holding it. Each NFT owner will have the right to comment on the NFT publicly to let the world know their ideas! An NFT owner has programmable on-chain rights for the NFT. When you sell your NFT, your transfer the right to change the programmable properties of the NFT to the new owner. Displaying your collection of ApolloFi NFTs will become a new social trend. 3. Create a culture: Last but not least, in addition to owning the NFT and inscribing your “message” on the blockchain, ApolloFi NFT is also your pass to the Discord community. Holders will participate in interactive events on Twitter Space, parties, cooperation projects, etc.3. What is Social to Earn in ApolloFi?As a creator economy platform, we are committed to discovering the free Web 3.0 social networking and letting more users experience it. In order to encourage more users to try Web 3.0 products, we implement the Content Contribution and Community Contribution and DAO Contribution incentives for creators. To go a little bit deeper into these 3 sessions, I will list more details here. ▪️ Content Creating Mode: Data such as NFT rating, followers, likes, and comments of users will determine their score. APO rewards will be distributed according to the user’s share of the total Content Contribution Score. ▪️ Community Contribution Mode: At the early project stage, similarly to the above Content Contribution Score, there is the Community Contribution Score that depends on the NFT level, the number of active invitees, and wallet connection time. APO rewards will be distributed according to the user’s share in the total Community Contribution Score. ▪️ DAO Mode: We strongly believe that DAO is a commitment to sharing values with the community. APO/ApolloFi NFT holders and DAO offered everyone an equal, accessible governing environment. When your NFT reaches O, you can join the DAO review to earn rewards. In the meanwhile, the more you invite, the more rewards will you get. Please remember the incentive model is always based on our core “Social to Earn”.4. What is the ApolloFi NFT?NFT is a status symbol and grade mark in the ApolloFi ecosystem. In the entire ApolloFi ecosystem, NFT is the soul of social interaction. NFT is proof of the user’s assets in the ApolloFi ecosystem.In the NFT system officially set by ApolloFi, there are six major upgrade scenarios including Newborn, Hatch, Revival, Venture, Skies, and Summit. As the journey of life progresses, ApolloFi will change qualitatively from within, leaving different traces in each chapter. In the ApolloFi ecosystem, NFTs are unique on-chain assets owned by users and ApolloFi officials only sell the A(level1) NFT. In addition to the basic display function, you can hold NFTs to obtain more equities. The higher the NFT level, the more rewards you will get.5. What is the NFT equity and what is its importance of it?NFT equity is an innovation unique to ApolloFi. Each NFT has a different soul inside. The scarcity value will vary ​​according to the quantitative distribution. Users can increase their equity through NFT upgrades. The ApolloFi has a thought-through and expansive NFT system that includes basic equities, fragment drop probability and DAO equities. In ApolloFi, the equities of different levels of NFTs will differ with the level change. The equities are mainly: **Basic Equities, DAO, **and Fragment drop probability, and if you want to enjoy the equities, you should stake your NFT. Basic Equity The basic equity of ApolloFi NFT mainly covers multipliers for DeFi, NFT financial products, and airdrops. ApolloFi integrates basic DeFi products and financialized NFTs in an attempt to further promote value discovery and liquidity for DeFi and NFT attributes and to construct multiple financial LEGOs on Social. Fragment Drop Probability The fragment drop probability of ApolloFi NFT is reflected on user social behavior indicators and ranks. It is similar to fragment winning in lottery boxes. In short, the probability is directly related to your upgrade speed. DAO Equity ApolloFi DAO equity include user invitation and DAO governance benefits. For ApolloFi, DAO is an indispensable and important step. In the web3 world, it allows more people to speak up. DAO governance are not just the purpose of ApolloFi. It is embedded in actual operations. The details can check: https://link.medium.com/UgaTur4Rwsb In ApolloFi, NFT will not only be limited to PFP avatars but will also serve as the main influencer of your earnings. Besides, when you hold the NFT, you should STAKE it to activate equities, otherwise, the effect is the same as if no NFT was held.6: In the current less than ideal situation of NFT market, what advantages do you think ApolloFi has in NFT?The first thing we need to affirm is the positive significance of NFT, starting from the success of BAYC, which activated the whole NFT market, this in the spiritual cognition, the promotion and popularity of cc0, of course, behind this may be importantly related to the booming market environment at that time and the rise of concepts such as metaverse and web3. First of all, in terms of spiritual cognition, NFT embodies the needs of self-expression and group cognition of users, based on the recognition of the design of the NFT project and the recognition of the implicit cultural and spiritual core behind and gathered together, the power of the NFT group is more cohesive than the current market community. So from the very beginning in the economic logic ApolloFi set the NFT growth path, from egg to broken shell to finally grow into a big dinosaur, which is similar to our realistic growth path, more with the footprint of growth, companionship! Secondly, in cc0, that is, the commercialization capacity, ApolloFi itself has cc0 qualities, which are reflected in the NFT presentation based on user behavior, which will pave the way for their own unique IP, the new PFP NFT project has not been able to bring a sense of glory to the user when the accrued commercial value on top of it is also no longer the basis. So meme up is not a bad thing, we are now also seeing a lot of re-creation of ApolloFi in the market, predictable, we or about to usher in a new outbreak. Finally, on the economic model, ApolloFi’s NFT is limited to 100,000, not unlimited increments. Secondly, from the path of NFT, the higher the NFT level, the higher the equity, the higher the rarity, from A to I, the increasing difficulty of upgrading, the increasing number of pieces required, the decreasing probability of success of the base, then at some level, the NFT value will be higher and higher. Together with the roadmap planning at the beginning, ApolloFi has a complete spiritual core to trigger user identification.7. Could you tell us more about NFT upgrade and how to do it?Firstly, we should know that in ApolloFi, the higher the NFT level, the greater the assets, and the chance to get higher weights and benefits in the future. The properties of different levels of NFTs will differ with the level change. As the NFT level increases, the APO token rewards that can be enjoyed under NFT equity and unified behavior will vary considerably. So, NFT upgrade is important and essential. As for how to upgrade. you need to have the following two conditions:Hold at least one NFTMeet the required number of fragments for upgradeIf you don’t have one, you can go to ApolloFi marketplace(https://app.apollofi.xyz/nfts ） to purchase, or go to Opensea, tufuNFT to buy directly. About fragments, you can collect from lottery boxes and mystery boxes. Lottery boxes are ApolloFi platform’s rewards for users’ social behavior. The fragment mystery box contains different levels of NFT fragments. In addition, users will get the fragments for 100% from https://app.apollofi.xyz/fragments . After meeting the conditions, you can enter the “Assets”-”NFT”, then click “Upgrade” to upgrade.8. Recently APO is launched, could you introduce the token and the economic model？ApolloFi.xyz is committed to starting the social wave across the entire market, providing a bridge to the web3 social world for web2 networks. As you know, our native token APO has been launched on Uniswap and Pancakeswap. Also, we are listed in Coingecko and Coinmarketcap. $APO is the incentive token for socializing and the governance token of the future ApolloFi DAO. Here are the token Details: Total Supply: 100,000,000,000 Network: Ethereum / Polygon / BNB Chain Contract Address: 0x475DB18D764DF7FaDfbD3e73fcCbBC1e14342aB39. I would like to ask if a new user wants to get more APO rewards, how should I do it and can you share it with us？Yes, of course. Before that, let me reiterate the importance of NFT, which will be a direct correlate of unlocking greater gains in the future. So when a user holds NFT, please go to Stake your NFT to activate NFT benefits before proceeding to Social. Next I will explain how to get more APO token rewards. First of all, you’d better hold an NFT, you can go to the marketplace to buy or get the official Free mint list to get it. Once you have it, you can select your NFT in “Assets” and click “Stake.” In ApolloFi, we insist on the Social to earn incentive model, so the user’s social attraction and appeal will be the direct reference factor to get the APO reward. You can earn more rewards in the following 3 ways. 1:Posting content 2:Get more people to like, comment and republish your output content posts 3:Invite valid users to participate in ApolloFi (at least one post per week is considered a valid user), the more people you invite, the more rewards you can enjoy. If your call to action is very strong, you can apply for the Ambassador Program to enjoy higher earnings. The other is NFT upgrade, when you perform social behavior, the official will randomly reward NFT fragments through lottery boxes or you can buy them from ApolloFi Marketplace, after holding a certain number of NFT fragments, you can participate in NFT upgrade. After the successful upgrade of NFT to participate in the staking, to enjoy a higher reward factor.10:How is the project progressing lately, can you share it with us?First of all, from the data point of view, ApolloFi currently has 132,330 total addresses on the chain and 47,471 active addresses. This is closely related to the attractiveness of our product. Secondly, in terms of external partnerships, ApolloFi has established partnerships with Bitkeep and HOURAI, and has started the Web3 program to seek more partners in order to continuously expand the ecological consensus. Meanwhile, ApolloFi has been featured in the media by yahoo.finance, zycrypto, coinspeaker, marketwatch, BlockBeats and Techflow. ApolloFi has recently passed certik audit, and the token APO has been included in coinmarketcap and coingecko, users can check the token details, and users who got the token through social can also trade APO/USDT on Uniswap (polygon network), and on PancakeSwap (BSC network) for APO/BNB. We have recently opened an ambassador recruitment program and welcome your active participation.11. Finally, could you please elaborate on the ambassador program?We’re looking for community admins, influencers, key opinion leaders, and others to help us build the ApolloFi ecosystem. Invite your friends to win an NFT package as well as airdrops. Here is the process: Step1: Apply: https://forms.gle/Nror22N9BLH4cPkr7 Step 2: After being checked by ApolloFi official, If you meet the requirements, you will be invited to the specific Discord Channel Step 3: Enter the assessment for 2 weeks Assessment Criteria: Candidates who invite at least 200 valid users by their own invitation link to the ApolloFi website and keep 30% of activation will have a chance to be an ambassador. Activation rate: in the first 2 weeks, invitees post at least one content every day on ApolloFi and will be considered active. When you completed the above requirements, congratulations, You are the official admin of ApolloFi. Rewards:Ambassador will get an ApolloFi A NFT (Value 0.12ETH)2. Valid Invitees will get 20,000 $APO each in their ApolloFi accounts by the ambassador. Besides, ApolloFi officials will snapshot invitees’ performance（especially the score in Farm) by Ambassador at 8:00 am UTC every Monday. And give away extra rewards according to ranks.The top 1 will win an ApolloFi A NFT(value 0.12ETH).Users who rank 2–5 will win 3 ApolloFi mystery boxes.Note: If the invitees’ APO rewards not be claimed in one month, the account reward will be cleared. We welcome your active participation to enjoy our ambassador benefits, plus we will have more hidden rewards waiting to be discovered. About ApolloFi ApolloFi is an integrated Web 3.0 SocialFi platform built on Polygon for creative ideas and NFTs. By empowering creators and allowing more individuals to contribute to the ecosystem, ApolloFi aims to establish a free and diverse paradise for creators. **Website **丨 Twitter 丨 Discord 丨 Telegram

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