Shift Movement Digital AMA with Grey Token

Shiftmovementdigital
9 min readJul 21, 2021

Hey! We are excited to have you in for this conversation. I have started researching Grey Token myself for a little bit now. This is an excellent time for more people to learn about Grey Token and gain a better understanding of the company. Shout out to all the Conjuring, A Quiet Place and Paranormal Activity fans.

When did you first get involved in cryptocurrency/ what was the first cryptocurrency you invested in?

It was around 2013/2014 when I started mining Bitcoin with ASIC miners. I had a USB strip with ASIC miners and a USB fan to keep it cool; this was my original mining rig and worked great. I eventually upgraded to Antminers and then moved on to trading Ethereum around 2015.

Shift Movement Digital: Great time to get involved in the crypto space. Asic mining was big.

What is Grey Token?

It’s multiple things; in one way, it’s a form of DeFi with how the NFTokenomics work. In another way, it’s a platform for artists, truth-seekers, speculators, entertainment but most of all a way to document the paranormal and unknown without fear of retribution from public sentiment or government oversight.

When was Grey Token created, and how did the concept come about?

My dad is an ex Vietnam war vet and was really into sci-fi and paranormal, so this was a significant influence on me, and growing up, I would always listen to Art bell Coast 2 Coast AM with my dad in his truck and hear all the callers stories about UFO’s, greys, reptilians, men in black, etc. my curiosity only grew as I aged by reading books like Chariots of The Gods by Erich von Däniken (which inspired the infamous Ancient Aliens series on the History channel). I guess you could say I have a few passions in life, Hacking, Aliens, Crypto, Sci-Fi/Fantasy, Video Games, Comic Books, and Movies. I wanted to contribute to the crypto space after being a part of it for the last six years or so, and I feel like I had the experience and insight to help create something remarkable. I analyzed the current landscape (because it is changing so rapidly) and identified what I thought the most significant growth area is, the need for improvement, and what is currently missing. The most extensive site for growth I see is in the NFT industry, it has room for improvement, and the relationship between tokens and NFT’s is almost non-existent, and there is no paranormal/UFO presence in crypto weird because they fit together so well.

Shift Movement Digital: Love the thought behind this. I will have to read the book too. NFT’s will continue to play an important part.

Have you ever had any paranormal, supernatural, or unknown experiences?

Yeah, as a child, I have seen a lot of UFO’s because my dad showed me how to spot them, and I’m a natural empath, so when I tune in or passively meditate to the energy around me and open myself up to that environment, I am more prone to encounters. In college, our dorms were near a graveyard, and one time, we all got wasted and went to a famous area where seances and what not would occur. I felt energy pulling me toward a specific location. One of my female friends followed me and asked me what I was doing by myself, and I told her to be quiet and listen. The bushes to her right started shaking violently and charging toward us, but we could see nothing there. We ran, and both talked about that experience for weeks/months after.

Shift Movement Digital: That is amazing. I would be curious to see what was in the bushes. You are good for going to a college near a graveyard to start.

How will you all determine if the videos or pictures put on the blockchain are real?

Monetary incentives and community moderation. The beauty of decentralization and the lack of censorship (to an extent) is that the community decides their favorite submissions. The only thing that would be moderated is any sexual/illegal material — there will be a filtration method to ensure the quality of submissions stays true to the platform. We will also reach out to the paranormal community leaders for the real paranormal competitions to have a professional assist with deciphering If real or not.

Shift Movement Digital: Love it! This is what I was looking for.

What are NFTs, and what is NFTokenomics?

A non-fungible token (NFT) is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable NFTs can be used to represent items such as photos, videos, audio, and other types of digital files. NFTokenomics are non-fungible tokenomics — it is my invention of a new ecosystem and relationship between NFTs and Tokens — where the NFT affects the price and supply of the Token-based on its demand.

What is the use case for the $Grey Token?

To act as a deflationary currency for the Grey NFT Ecosystem.

Why did you choose to have a more significant total/circulating supply?

To create more opportunities for long-term holders. I have been successful in crypto because I learned patience, due diligence, and self-control early on. I wanted this to be a part of the Grey platform, so there are many benefits to long-term holders vs. traders. There are so many ways in which Grey will be burned through interaction with NFTs that it will be hyper deflationary in nature. The supply will continue to shrink over time, giving early Hodlers more added value in their original positions.

Shift Movement Digital: Thank you for the breakdown on this. It makes a lot more sense why you created the supply.

Explain first contact NFTs and explain NFT content voting. 1st-3rd place.

First contact NFT is a reward to early adopters of Grey. As a collector myself, I understand the importance of “Firsts,” and I think it is something that I hope other collectors and early adopters understand and appreciate as well. This space/game is all about speculation, and NFTs are no different — the plan is to have many ways to “make it” with Grey Token. A big part of that is the NFT ecosystem. To create value, there needs to be demand. Demand has a relationship with the core community and speculators. We have created a monetary incentive system available to the public to submit their best art/videos to the grey platform while the voting system pre-determines demand before minting into an NFT. First place NFT cannot be purchased — this is the most popular and highest demand submission with the most significant monetary reward. Because this NFT is randomly distributed to the Hodlers in such a low supply (51) and cannot be purchased from the marketplace, it is “priceless” in nature. The follow-up submissions also received a monetary reward for their demand and can be purchased with an inflationary price mechanic, as we previously discussed. 1st, 2nd, and 3rd place NFTs can be submitted for sale in the Grey NFT marketplace.

A big thing recently has been botting. Can you explain bots in crypto and how your bot protection will combat this?

Bots are big business now. There are services out there that allow you to bot your project before others can. Bots front-run projects and sell off over time. It hurts the traders and the project by draining value on both ends. Anti-bot measures are essential to keep people from getting rekt (wrecked for non-crypto enthusiasts).

Shift Movement Digital: I am big into sneaker botting. This is something I see in many different markets and people have to continue to add anti-bot measures.

Explain Goldilocks LP.

V1 is intended to Provide LP in stages, based on volume.

V2 will attempt to use API to create more dynamic, responsive adjustments based on various market variables. Still in the design phase. Its purpose is to create a optimal trading environment without having too much or too little liquidity.

What does the roadmap for the remainder of this year and into next year look like for Grey token?

This is an untapped market. How has the demand been for you all?

We have seen much interest from the community with little marketing efforts so far. We have more extensive marketing efforts planned but want to time them right with market conditions and platform developments. Timing is everything in crypto — this is where experience in the space benefits the project and its holders. I think it is a new concept that many do not understand how ample the scope and implications of this project are. Many have brushed it off as a “meme coin” or another “NFT Marketplace” with a gimmicky niche. Those who have taken a closer look at what we are building and have experience in the crypto space can see much more than that.

Are you creating your marketplace or allowing creators to sell on other marketplaces?

Our First Contact NFT will be available to sell on other marketplaces. We are building our marketplace. We have chosen the ERC-1155 as our standard. It Is a much more versatile NFT contract vs. the ERC-721. allowing us to add depth and function to the Nftokenomics, and Grey Token, over the course of our roadmap and future development.

Why did you choose to launch on Uniswap?

Uniswap if used correctly, allows more freedom and fair launch without the middleman (centralized exchanges) from taking a significant cut, much like bots do.

What is something you would like everyone to know about Grey token that they might not already know?

Talking about crypto for several years has made me develop the habit of “speculating” based on my due diligence on a project and reaping the rewards of that over time. It’s a tricky thing to balance now that I am part of the development team. One aspect of me wants to share “alpha” and talk about all the things in development and the potential impact that it will have in crypto and the NFT markets, but the other part has to stay more reserved, so I don’t come off as hyping my project without deliverables. That and many things can change in development; we may find more valuable methods and other ways to better the project in the long run. It is an exciting project for sure, one that our team has put a lot of time and resources into the building. Our goal is to under-promise and over-deliver. While we can’t control the price movements in a volatile market — we can deliver the best possible product and put our mark in history, which is what we aim to do. I think the final product is going to surprise many people. One cool thing is that the framework we are building out can be used in other market niches other than the paranormal.

Do you believe other planets out there have life on them like “aliens,” or is everything just here and the moon? Thoughts on Area 51.

I have degrees in Computer Science and Business, so I believe mathematically it is impossible to out rule the possibilities of extraterrestrial life. Also, we have solid evidence with the Pentagon disclosure, and those that are skeptical about the Roswell incident should watch Roswell: The Final Verdict on Discovery Plus.

Shift Movement Digital: I know the Pentagon has a lot of information. I will check this out.

Do you have a favorite sport or sports team?

American Football and College Basketball — Seahawks and the Zags. (Gonzaga)

Shift Movement Digital: Legion of Boom was a great time to be a fan. Two winning teams here..

Do you have any plans for future exchange listings?

We have planned for every possible scenario. When making any significant decision as a team, we consider two things: What is best for the platform and what is best for the community. If we entertain the possibility of an exchange listing, it would be a Tier 1 exchange only.

Thanks, for coming by. I appreciate the insight and the in depth information into Grey token and your experiences.

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Shiftmovementdigital

Shift Movement Digital is an investment management firm that is working to educate the public on cryptocurrency.