[AMA]PIBBLE’s AMA_20241218

Hi Pibblers!!

PIBBLE’s AMA, held on December 18 at noon, has come to a close.

In order to continue to maintain seamless and transparent communication in 2024, the PIBBLE team has organized an AMA session on our official Telegram channel. (https://t.me/pibble_official_community)

We will endeavor to answer pre-AMA questions from users of the PIBBLE official Telegram community to the best of our ability.

If you have any questions that were not answered during this AMA, or if you have any additional questions about the Foundation or our services, please feel free to contact us in the official Telegram or CS mail (cs@pibble.io)

Q1.

I saw in the news that you would announce collaboration with Amazon at the Abu Dhabi event. What are the details of this collaboration? What is the distinctive AI technology that will be applied to the Middle East financial market shown at Abu Dhabi Finance Week (ADFW) 2024?

The 2024 Abu Dhabi Finance Week (ADFW) is a conference we participated in upon recommendation from the Abu Dhabi Investment Office (ADIO).

The AI technology showcased in Abu Dhabi is PIBBLE’s AI-based financial solution called ‘AION’, which automatically verifies, classifies, and processes large volumes of financial documents using AI technology. This significantly reduces the complex and time-consuming document processing in existing financial systems while minimizing human error.

PIBBLE’s AI financial solution (AION), developed in collaboration with Amazon, is both a completely new technological attempt and a project that has evolved from the blockchain-based technology and user experience of the existing PIBBLE app, elevating PIBBLE’s technological capabilities and AI innovation to the next level.

Therefore, this project is being pursued to pioneer new business areas while maximizing synergy with the PIBBLE ecosystem.

Q2.

Are you receiving technical support from Amazon? Will you receive investment?

PIBBLE has secured both strategic investment and technical support from Amazon. The first round of investment has been successfully completed, and additional investments will proceed sequentially according to project progress stages. The AI financial solution currently under development began full-scale development from September 2024, showing over 85% progress and is set for commercialization in the first half of 2025.

Furthermore, through collaboration with Amazon, global market entry has become more feasible, and market expansion is expected to accelerate from the Middle East to the US, Europe, Southeast Asia, and beyond.

Q3.

I’m curious about the specific details and why the Middle East market should be the target for application.

The Middle East is preparing for the Post-Oil era. The core of this preparation is financial innovation and digital transformation. The government is making massive investments in foreign technology companies at the government level, particularly strengthening Abu Dhabi’s position as a financial hub.

Currently, the Abu Dhabi government is supporting AI technology and Fintech as core themes, and AION, which PIBBLE is developing in collaboration with Amazon, meets Abu Dhabi’s requirements so much that they’ve designated Trade-tech as a separate field. Additionally, with the Middle East’s powerful financial backing, strong partnerships and investment opportunities are seen as optimal opportunities for globalization beyond Korea.

Q4.

Is this the same as the Fintech idea that won an award in September?

The content that won at the Fintech idea competition hosted by the Financial Services Commission was the initial concept of AION, and at that time, a basic framework for document verification and management was presented. At this ADFW, we enhanced this by improving the practical application of AI and technical completeness.

Q5.

Someone mentioned P.PAY? Is this completely unrelated?

P.PAY is PIBBLE’s blockchain-based payment solution and one of the core technologies of the PIBBLE platform.

This solution maximizes payment efficiency within the financial system alongside PIBBLE’s AI-based content platform, helping users conduct transactions more conveniently and safely.

P.PAY aims to provide a more transparent and reliable payment environment by combining blockchain technology and AI financial innovation beyond being just a payment tool. Therefore, it can be closely connected with the PIBBLE platform and AI financial solution AION, and will play an important role in PIBBLE’s overall financial innovation roadmap.

Q6.

Abu Dhabi seemed like an oasis for cryptocurrency companies, why did you visit there? Were there other reasons besides announcing the Amazon collaboration?

Besides unveiling the Amazon collaboration project, we achieved meaningful results during this visit, including securing investments and signing contracts with local partners. Additionally, there are ongoing discussions that cannot be specifically disclosed due to NDAs (Non-Disclosure Agreements), and we continue to negotiate to lead to positive outcomes.

Q7.

It was said that negotiations for additional overseas exchange listings were completed, but has the date not been announced yet? If the listing failed, could you share the reason?

Among Upbit and Bithumb, is there currently any listing application? How is the planned listing on two overseas exchanges progressing? I’d like to hear about the overall listing plans going forward.

We feel heavy-hearted that we couldn’t deliver listing news to holders who have been waiting for additional listings in 2024. Regarding inquiries about listing failures, there have been no cases of failed listings among exchanges where listing reviews have been conducted so far.

The PIBBLE project is a healthy and stable project that meets the criteria of the Virtual Asset Trading Act and has maintained exchange listing conditions for a long time. While listing negotiations with several overseas exchanges were completed months ago, the listing timing was postponed due to strategic decisions by the foundation.

This was due to concerns that the airdrop volume and marketing volume at the time of listing might negatively impact additional exchange listings currently under discussion. Additionally, it was considered that the timing after the Amazon collaboration project announcement would have a more positive impact on exchange listings. The Amazon collaboration project is an important factor that will further enhance PIBBLE’s technological vision and market value, and we aim to maximize synergy effects at the time of listing through this.

Listing on major domestic exchanges like Upbit and Bithumb, which holders are waiting for, is also one of the foundation’s goals. Since projects listed on major domestic exchanges can secure more favorable conditions when listing on overseas exchanges, we have temporarily strategically held off on agreed overseas exchange listings and adjusted our plans to pursue overseas listings following domestic listing review results.

We will prepare more carefully and thoroughly to deliver more positive and anticipated news to holders. Please continue to show your interest and support.

Q8.

About the listing question… I remember acquiring an Upbit listing recommendation by ranking 3rd in the AllBit listing project, looking it up it was March 5, 2019. Is it still valid?

While ranking 3rd in the AllBit listing project and acquiring an Upbit listing recommendation in 2019 is certainly meaningful data, we haven’t specifically discussed the validity of this recommendation with Upbit yet. However, we believe that achievement and record from that time could serve as a positive factor in proving PIBBLE project’s credibility and value.

Based on this historical data and project growth history, we will continue to prepare to make it work advantageously for listing reviews going forward. We will do our best to bring you better news regarding listings.

Q9.

Are you considering switching to Solana-based or Sui-based?

Currently, PIBBLE fully recognizes the need for transition from the Klaytn base and is conducting technical reviews with many mainnets, including Solana. As blockchain transition is an important matter that must prioritize technical review and ecosystem stability, it will be decided after thorough analysis and preparation.

We plan to officially announce the transition chain in January next year, after which we will inform users about the transition schedule and detailed plans. This transition is a strategic decision to strengthen technical stability and ecosystem scalability while significantly improving user experience. Through this, we will provide services in a faster and more stable environment and promote the growth and global expansion of the PIBBLE ecosystem.

Please wait just a little longer until the final announcement. We look forward to positive changes with the official announcement and ask for your continued interest and support. Thank you.

Q10.

When starting Top PIBBLE 2.0, you said it was an open platform… but PC browser access isn’t possible, there’s a 30-second comment restriction, there are issues with foreign user abuse… It seems restricted in terms of autonomous use and utilization for an open platform. Are there plans for improvement? There seem to be separate reasons or intentions for the three points mentioned — could you explain? I can’t understand why I need to spend an hour writing PIBBLE replies due to the 30-second comment restriction… To secure many users, foreign users should be attracted too, but targeting Top PIBBLE awards seems to only attract abusing users…

Top PIBBLE 2.0 has transitioned from a closed platform that limited Top PIBBLE prize eligibility to posts created using only AI within the PIBBLE app to an open platform where content (including videos, music, etc.) created with other companies’ AI services can be freely uploaded and shared.

We fully understand the need for PC browser accessibility, but PIBBLE is designed specifically for mobile-centric users, and there are no short-term plans for PC browser expansion. However, we are considering PC browser support in the renewal version to expand user experience.

The 30-second comment restriction is a policy to prevent system abuse and maintain comment quality. Naver also has a 1-minute restriction on comment writing, which is a necessary measure to block indiscriminate spam comments and abnormal activities. However, we fully recognize users’ inconvenience when writing replies and are reviewing the comment restriction time.

Q11.

Regarding TopPIBBLE, multiple foreign accounts with similar IDs are making indiscriminate comments and activities. Why isn’t there any regulation on this?

While activities from foreign accounts using similar IDs may be suspected as abusing or showing abnormal patterns, it’s difficult to definitively conclude that all activities are abusive.

However, to maintain a healthy community environment, the PIBBLE platform is continuously analyzing the activity patterns of suspicious accounts and detecting abnormal comment patterns and duplicate activities.

If abuse is confirmed, immediate regulatory measures will be taken. We are also strengthening our regulatory system to more precisely detect indiscriminate activities of similar IDs and suspicious foreign accounts in the system.

Above all, we ask for user participation in monitoring. If you determine that a specific account is engaging in malicious activity, please use the report function. We apologize to users experiencing inconvenience and will strive to provide an improved environment.

Q12.

Please control TopPIBBLE abuse

Currently, with daily registrations reaching 20,000 users and continuing instances of foreign user abuse patterns, the development team is monitoring and filtering these issues. While it takes time, we expect gradual resolution and stabilization.

While the development team is experiencing work overload due to the rapid increase in foreign registrations, this can also be interpreted as a positive signal of platform expansion. However, we sincerely apologize for the inconvenience caused to general users due to policy changes such as reward payment holds resulting from abuse issues. We will do our best to improve quickly.

Q13.

No matter how many email inquiries I send, I don’t receive responses. The CM said they respond weekly, please provide a response.

First, we sincerely apologize for the delay in responding to email inquiries.

While there was a period when email inquiry responses were not smooth due to the entire team’s business trip, we now regularly respond once a week on Mondays. However, if you haven’t received a response despite this, considering the possibility that emails may have been missed, please inquire again through the CS dedicated email, and we will check and respond quickly.

Q14.

Hello. I heard that generative AI images are not yet recognized for copyright. I’m curious about how PIBBLE expects this to develop in the future.

If PIBBLE will have a system where AI images can receive copyright recognition, I’m curious how this would be possible. The boundary between copyright and ownership concepts is still ambiguous, for example, if someone who owns my AI image distributes it on SNS, would that be copyright use beyond ownership?

Copyright issues related to AI images currently lack clear standards worldwide. The PIBBLE platform doesn’t directly provide a system guaranteeing copyright, but rather provides criteria and evidence for disputes based on blockchain-recorded data when copyright and ownership disputes arise.

While the boundary between copyright and ownership remains ambiguous, the PIBBLE platform transparently records ownership and generation history of AI images during creation and trading on the blockchain, preparing for it to be used as definitive evidence in case of disputes. For example, when a user owns a work created through AI, that ownership is permanently recorded on the blockchain, and this record will serve as important data for claiming copyright in the future.

Q15.

If I like an AI-generated image overall but am not satisfied with certain parts, will there be a system to request modifications to specific parts? Does this include fixing flaws in the drawing (for example, oddly drawn hands, incomplete coloring, light bleeding in drawing lines, etc.)?

Current AI-based image generation technology is developing in a direction where it can be customized in detail according to user requests. While technical limitations can cause flaws in AI-generated images (e.g., abnormal hand representation, missing coloring), functions to supplement and modify these are already implementable. PIBBLE also recognizes this need and includes AI retouching functionality in its development roadmap that allows users to selectively modify specific parts (hands, face, background, etc.).

While such functionality is technically feasible, we cannot currently provide a definite answer about the system implementation timing due to staged development priorities. We ask for your understanding.

Q16.

I’m curious about how content sales would work and whether I can check metrics like view counts and sales history for my images in insights.

Content sales take place within the PIBBLE platform, where users can register their generated AI images and sell them at desired prices. When a sale is completed, the transaction is recorded on the blockchain for transparent management. Additionally, through PIBBLE’s insight feature, you can check real-time quantified data such as image view counts, likes, and sales history, allowing you to grasp your content performance at a glance.

Q17.

Other inquiries about Treasure Planet and Tapstar integration, and Tapstar-related questions

For more accurate and faster answers regarding Treasure Planet and Tapstar inquiries, we provide guidance through the official community channel at https://t.me/tapstartycoon_korea. Please feel free to leave your questions through that channel, and we will help you more promptly.

Q18.

Inquiries about point conversion related to services hidden in AI PIBBLE 2.0 that were provided in PIBBLE 1.0, such as Skills games

Point-related inquiries are handled individually through CS. Please contact cs@pibble.io with your individual ID, and we will check and guide you quickly. Feel free to inquire anytime.

The PIBBLE team will strive to communicate frequently with users through regular AMAs going forward.

Thank you.