SINSO TestNet Part 1 is Online Now
The AMA with the SINSO Indian Community ended successfully on November 30th. The main direction of this AMA is that the first part of the SINSO testnet has been launched at 8 am, Nov 28, 2021(GMT-5). It means that SINSO has successfully implemented the establishment of a Distributed Cache network. Mariya Ebirayim, CBO to SINSO was the speaker of this AMA.
Mariya has 8+ years of experience in the Fintech investment field, is a senior investor and a professional wealth planner. Has 5+ years of experience in branding & digital marketing in Fintech & Crypto, focusing on the Crypto and Fintech field.
“SINSO is a layer2 + infrastructure focused on Filecoin Web3.0 ecosystem,” said Mariya, CBO at SINSO. “Our team was established at the end of 2020 and has been working hard to develop Filecoin Layer2 in a down-to-earth manner. In order to help many applications to quickly and smoothly move to Web3.0 from Web2.0 and also to help the rapid development of the truly distributed Metaverse.”
The following are the main Q&A of this AMA：
Host: Many projects simply clone existing projects and do not have any features. Do you have your own unique, self-researched feature that sets you apart?
Mariya: Filecoin’s Layer 2 is a brand-new racetrack, so there is no precedent to copy, and it requires a lot of innovation. We have a very close relationship with the Protocol Labs, and we focus on Filecoin as the extension of infrastructure for Web3.0.The FVM launched by Filecoin integrates big data and chains into a unified architecture. This is very different in the blockchain world.
Host: So many projects just like to speak about the “long term vision and mission” but what are your short term objectives? What are you focusing on right now?
Mariya: You are right, and that is the most problem in the crypto field I think. The short-term goal of SINSO is to enable our layer2 to actually land some applications, and to empower physical projects. An example, our current Distributed Cache Network Nodes is cooperating with some GameFi, Healthcare, and Metaverse application projects, and we will have practical value produced in the near future.
Host: Non-crypto users are very important for mainstream adoption. How are you planning to attract non-crypto users to your project?
Mariya: At present, GameFi and NFT projects have involved a large number of non-encrypted ecological projects. The project we are going to do is to introduce non-crypto users into the crypto ecosystem. We are actually a bridge guiding the web2.0-to-web3.0 conversion. For example, we provide data middleware to traditional big data industries so that they can smoothly migrate to web3.0. We will continuously provide awesome tools for all users.
The users in the Indian community are very active, highly valued, and curious about the future and development of SINSO. In the free questioning session, hundreds of questions appeared in the SINSO India Community.
The following are some of the Q&A between Mariya and the users：
Q1:STAKING is one of the strategies to attract users and hold them for the long term. Does your great project have a plan for staking?
Mariya: Of course, our Distributed Cache Nodes, valid nodes, subsequent DAC, data transactions, and other sectors all require STAKING. If you want to experience the SINSO token staking, you need to participate in the SINSO Testnet as soon as possible.
Q2: Did you consider community feedback/requests during the creation of your product in order to expand on fresh ideas for your project? Many projects fail because the target audience and clients are not understood. So I’d like to know who your ideal consumer is for your product?
Mariya: Of course, we attach great importance to feedback from the market and users. It can be seen from the fact that since the establishment of the team, we have adjusted our overall strategy twice according to market demand and on-site.
Our project has a very simple idea in the early stage, which has been recognized by many people in the industry and our community. That is to make a Filecoin’s valid-data Datacap collector. While the ecological needs and pain spots are very obvious, thus our goal is also very clear. Our audience is the industrial end of the non-crypto community that provides valuable data, and the other side stands the miners. Both parties need to cooperate closely to create and gain more value. We SINSO, is the glue.
Q3: Metaverse may be called the new generation of the Internet or the next generation of the Internet. The concept of Metaverse and GameFi has emerged. The market is fiercely competitive and the survival of the fittest. Can you bring us surprises? What are the differences with others?
Mariya: The current Metaverse and GameFi are actually not Metaverse and GameFi in the true sense. Because they only put the economic model on the blockchain, but the data is still stored on a centralized cloud storage service like Amazon. Filecoin provides a decentralization Cloud storage server, SINSO provides a bridge for these GamaFi and metaverse to move from web2.0 to web3.0. Helping GameFi and Metaverse related applications to realize that the economic model can be placed on the blockchain and the data can be stored on the decentralized cloud server. In the future, this will be the real MetaVerse and GameFi.
SINSO is a layer2 + infrastructure focused on the Filecoin Web3.0 ecosystem. After the capacity of the Filecoin network is built, a series of middleware and various infrastructures needs to be developed for DAPP applications to do a full transition to Web 3.0, which is not yet complete in the Filecoin ecosystem. SINSO enables application developers to quickly and efficiently build applications in the Filecoin ecosystem and collaborate with storage providers to advance the Filecoin Plus initiative.