Refinable 1-Year Anniversary AMA Recap

Recap From Our Anniversary AMA Special

To celebrate the first year since the launch of Refinable, the Refinable team hosted a team-only AMA to review this past year and share their experiences working at Refinable. Listeners heard from Refinable’s Co-Founder Nick Chan, Business Development Lead Calvin, and Marketing Lead Denys.

Throughout the Twitter Space session, the team reflected on their experiences from this past year, answered community questions, and shared teasers for exciting features coming up this year. Read on to find out more! 

Team Reflections at Refinable 

Based in Hong Kong, Refinable has grown to an international team of 16 NFT-dedicated individuals who are passionate about creating the leading platform for Web3 creators, traders, and retail brands. This commitment to providing products and services through the Refinable platform has manifested itself in a number of milestones and radical changes in Web3 e-commerce history. 

Refinable’s original intention was to become a BSC NFT marketplace but after the launch, the team has adapted to the constantly changing NFT landscape. Within three months after the marketplace launch, Refinable decided to add multi-chain integration in response to current NFT trends.

Since the launch, Refinable has added BNB Chain, Ethereum, Polygon, and Solana integration for the NFT marketplace. We worked with multiple offline art events to provide a platform for Web3 artists. The NFT marketplace also has Metaverse integration where individual users can showcase their NFTs. And most recently, the launch of our custom NFT marketplace product called Refinable Storefronts.

While this past year has been full of memorable experiences, working with all sorts of industries and communities has encouraged us to push the boundaries of Web3 e-commerce. Seeing creators and brands succeed continues to motivate us in supporting more individuals, businesses, events, and brands to feel confident in navigating the Web3 experience.

Community Q&A Overview

On to the main feature of the event – the actual AMA part of our Twitter Spaces session! 

We’ve received more than 200 questions from you all – which is a lot! For the sake of time constraints, the team picked out three questions from the comments in our AMA announcement tweet. We enjoy hearing from you and are happy to connect with our Refinable community.

Below are quick summaries of answers from Nick, Calvin, and Denys with comments edited for clarity:

Question 1:

Is it possible that you will build a thriving community that truly cares and supports the project for a long time, rather than just making a temporary profit? Any plans to better connect with the community? Because we know the power of the community to easily make famous projects?

@Antonsa64147171

Key Points:

Denys: “Refinable is looking forward to driving our conversations to more community-focused channels, namely Discord. Through Discord, we hope to offer another avenue beyond Twitter and Telegram to create more community-focused content, and to try out new things for more opportunities for community engagement.”

Nick: “In reaching out to the community, we have to be more agile in our shift from B2B to B2B2C.”

Cal: “Community feedback is everything – please don’t be afraid to reach out!”

Question 2:

Most of the new investors, only focus on the price of the token, and the short term benefits of the project rather than understanding the true value of the project. Can you tell us about the motivations and benefits for investors to hold your tokens long term?

@0xhold

Key Points:

Cal: “I feel that the phrase ‘time in the market is more important than timing in the market’ from thinking about equities can also apply to tokens. At the end of the day, we’re still running a business and we intend to survive. We want to build a very solid foundation in order to provide a product that can scale sustainably for our niche, and we will do that in a way that does not involve shortcuts. Quick wins aren’t everything, and are only short-term solutions.”

Nick: “Keep in mind that it has only been a year  – startup development is a rocky road. But as we continue to grow and mature, we want to create a platform and products that will survive for generations to come. We want to find the right people to be part of our team to ensure that this will happen.”

Question 3:

What is the most ambitious goal of your project currently? Can you share with us any upcoming updates?

@BykoVeronika

Key Points:

Nick: “Our goal is to facilitate trading in Web3 – but my vision is for Refinable to function very similarly to how Shopify just completely reworked the Web2 e-commerce ecosystem. So I think right now, our most ambitious goal is really just to create the set of tools that will redefine how Web3 e-commerce actually happens.” 

Looking Forward in 2022

We’re looking forward to offering ways to trade beyond PFPs. As Nick Chan puts it, Refinable’s greatest ambition is “to create the set of tools that will redefine how Web3 eCommerce actually happens”. How would we do this? We don’t want to spoil that much yet!

BUT! All we can say for now is that we’re experimenting with express checkouts we created in collaboration with a retail partner. Expect it to be a full-fledged service on Refinable this year!

We also haven’t forgotten about our token holders! We definitely see and hear you when you all say “When Binance?”, but we want to implement the best utilities out there for token liquidity, and we’re working hard on it. Please look forward to seeing more $FINE use cases across our upcoming products, ecosystem, and partners!

Refinable is also in the midst of launching campaigns geared towards more community engagement and outreach. That’s right, we upgraded our Discord server! We’ve thought about focusing more of our energy on Discord and creating a fun and intimate space where the Refinable community can connect, network, and get in touch with the Refinable team. We want to bring our community together and keep everyone updated with all the current news happening at Refinable!

Thank You FINE Fam!

The Refinable team is incredibly humbled to garner this much support and validation from our community, the crypto industry, and beyond.

The most rewarding part of this experience so far is being able to see our users actively create and trade on our platform and grow! We are ready to scale up and respond to any changes, as we continue to build the foundation for anything and everything to come in this ever-changing crypto landscape.

We will continue to learn and grow alongside each other and we are eager to continue on our journey toward empowering everyone in Web3 e-commerce! Don’t be afraid to reach out to us! 

Onwards to another wonderful year with you!


Contact Us

Discord: https://discord.gg/ys7sEg2BzS
Instagram: https://instagram.com/refinableapp
Twitter: https://twitter.com/refinableapp
Youtube: https://www.youtube.com/c/Refinable

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About Refinable

Refinable began as a decentralized foundation for creators, traders, and collectors to transact with digital assets, but we believe the future is to own your brand and liquidity. By offering decentralized Web3 creator and marketplace tools, we now aim to empower the next generation of Web3 businesses with the tools they need to succeed.