DAO Launch AMA
AMA, AMA recap
, , ,
July 12, 2021
95

CRYPTONATIONIN X DAOLAUNCH AMA RECAP

Dear Community,

Thanks to all for participating in our AMA with DAOLaunch. We really appreciate all your support. There were really good and thoughtful questions that were asked. For those who missed our AMA, this AMA recap is for you.

 

Introduction

CryptoNationIN – Hello Sakuro.
Welcome to the CryptoNationIN.
Glad to have you for the AMA today 😃

Sakuro – Hi CryptoNationIN.
Yes! me too.
I’m so excited 🙂
Nice communities.

CryptoNationIN – Thanks.
Let’s get started with the AMA.

Sakuro – Yes, let’s start!!

CryptoNationIN – Please introduce yourself to us.

Sakuro – Sure!
Again Hello to everyone in the community, I would like to thank you all for your attendance.
My name is Sakuro and I’m the CEO of DAOLaunch project. Back to university I was majoring engineering, and I was start getting crazy about crypto since 2015, which Bitcoin was around 500$.
After that, I did everything about crypto. I have created arbitrage automation bot, exchanges, mining machines, trade bot etc. and also running crypto fund which was focusing on startups when back to 2017.
But this year, Defi and NFT booms extremely hot on cryptocurrency, I decided to start another business to bring innovation into startup investment environment, which is DAOLaunch, our project.
I’m also Blockchain Lecturer at most Academic, Traditional University in Japan.
Meiji University one of best universities in Japan and has the history for 140 years. It is great honor for me to being blockchain lecturer, in such a great academic institution.

CryptoNationIN – Good to know that you’re one of the early adopter of crypto.

Sakuro – Yeah, ethereum was around 6$ or something like that.

CryptoNationIN – That’s crazy man.

Sakuro – hahaha.

CryptoNationIN – Could you please introduce DAOLaunch to our community?

Sakuro – Yes sure!
So briefly, about DAOLaunch.
We are basically building IDO launchpad, which can offer something special and exclusive than any other launchpad.
Our Concept is, Decentralized Venture Capital NFT.
Venture capital business is, basically keep great investment performance, branding as VC, negotiate bettor invest conditions with startups.
Negotiation between startup and VC is closed and off-chain, We trying to make this to on-chain. Simply saying, we will make VC business on NFT. We call this, DVC-NFT. (Decentralized Venture Capital-Non Fungible Tokens).
On our platform, Any Investors able to become Decentralized Venture Capital, and get bettor invest conditions depend on their past investment performance, recorded on blockchain.

CryptoNationIN – Seems unique.

Sakuro – Yes it is.

CryptoNationIN – Please tell us about tokenomics of DAOLaunch token.

Sakuro – Absolutely,
Here is the Tokenomics Distribution, as it follows:
Tokensale Total 40%
>Seed round 14%
>Private sale 21%
>Public sale 1%
Team, Advisors 10%
Founder 10%
Marketing, Partnerships 20%
Liquidity, exchange 10%
Reserves 10%
Token Ticker is DAL.
The total supply is 6,000,000 DAL tokens.
Founder/Teams/adviser tokens are fully locked for 1 year, after that unlock gradually for a year. 8.33% unlock per month.
DAL is deflationary Token, Token will be burn every DVC-NFT minted.
Use case
Mint DVC-NFT to burn DAL token. This exclusive NFT brings benefits to
•Allocation for incubated startups
•Have governance rights to decide incubation startups
•Enables startups to apply vote session to get incubated
•Brand yourself as Decentralized Venture Capital to record voting and investment performance, design your own token portfolio on NFT.
•Trade your exclusive NFT token portfolio to get more capital gain on NFT market.
•Lend your exclusive NFT token portfolio, earn interest without losing ownership.

CryptoNationIN – Tokenomics looks solid.
Please tell us about the roadmap of DAOLaunch.

Sakuro – Yes sure.
we already deployed our beta here, take a look from here.
Currently working on Ethereum Mainnet, Binance smart chain.
https://app.daolaunch.net/
On this dapp,
① Anyone able to create ERC20/BEP20 tokens without any fees
② Hold tokensale without any permit, fully decentralized
③ List uniswap/pancakeswap automatically, Liquidity is automatically locked by smart contract
④ Startups able to set up private tokensale with whitelist
You can watch our dApps instruction videos here.
https://www.youtube.com/channel/UCnmaMnPweVmpAxYtFhA0a8A
I guess non of other project did this, we are first project to let anyone create tokens, tokensale with whitelist, list on AMM with Liquidity lock by smart contract, fully decentralized.
And we going to take “Decentralized Due Diligence” procedure which startup tokensale should be feature, on DAOLaunch by voting.
If you have nice voting record, you will get more voting power & Allocation for featured startup tokensale. That’s how it works.
Other IDO platforms decide incubated startups by centralized due diligence, and allocation will be decided only how many tokens do you stake.
But on Daolaunch, conduct decentralized due diligence, and allocation will be changed by your voting record.

CryptoNationIN – Could you please tell us about the partners of DAOLaunch?

Sakuro – Sure yes!
We have partnership with famous Jazz musician to conduct “NFT × Jazz Concert”, take place Otyanomizu in Japan.
Super Famous Youtube Star will attend this Juzz concert, you must take a look.
This is huge news in Japan, featured on Coinpost which is 3rd most influenced crypto media in the world.
https://coinpost.jp/?p=255267
※In English
https://daolaunch.medium.com/daolaunch-has-signed-to-support-the-realization-of-the-nft-x-jazz-concert-a5fc2878955d
We have more partnership concluded, but not able to mention because we have NDA agreement with them.
We already raised 1.2M USD so far, about to fill private sale round, which is final sale before list.
If you want information about that, please send e-mail to [email protected]
or just join our telegram.

 

Twitter Questions

Q1. Really with DAOLaunch we can create finances without problems for anyone and without permission? If so, will any prior knowledge of blockchain and web programming and development be required? or can it really be created in its entirety in a few clicks?
Sakuro – Amazingly Yes, You must try it.
It is very easy and without any dev code, non of other project did same level as we do.
You can create token free, and also create tokensale using that tokens, automatically lock liquidity and list on Uniswap/Pancakeswap.
this is already working on our dapps, you can create your own erc20/bep20 tokens on daolaunch.
https://app.daolaunch.net/
I will share about our dApps instruction videos here as well.
https://www.youtube.com/channel/UCnmaMnPweVmpAxYtFhA0a8A

Q2. The whitelist feature in DAOLaunch is available to anyone who uploads a CSV file. Can you explain How This feature will help improve project marketing?
Sakuro –  Any Startups, able to set up private tokensale with whitelist.
Basically whitelist is useful to identify users KYC, but now whitelist features is commonly used to promote retweet/follow on twitter, join telegram/discord, give allocation only for someone who helps promote their marketing.
But non of any IDO platform exist, enables any startup integrate whitelist features fully decentralized. Hence, I know small project do whitelist procedure manually.
Anyone, flexibly and promote tokensale with whitelist features.

Q3. Nowadays, NFT is becoming more popular. So how potential is your project that DAOLaunch’s NFT can bring? Do you have any ideas to make NFT become a new market trend?
Sakuro –  Yes, let me explain about NFT features on DAOLaunch.
We are developing NFT Farming & Trade market platform, I think NFT is not limited only for Art, or collection, gaming.
Binance, they sold famous sports team ticket with NFT. Famous Musician, Kings of Leon sold his music and ticket with NFT.
NFT, is strong tools to connect between crypto and real product.
So I will open NFT Farming & Trading marketplace, which open chances for non-crypto startup raise fund and give incentives token holders, as farmable NFT.

Q4. I understand that DAOLaunch provides ease for its users to create tokens, but will they really implement a token lock for the founding team to avoid Rug Pull? or really how to avoid using DAOLaunch to create SCAM projects?
Sakuro –  We implemented these features to marketing even for non-crypto industry. Not mainly for avoid scams.
So what should we avoid scams?
That’s why, we going to take “Decentralized Due Diligence” procedure which startup tokensale should be feature, on DAOLaunch by voting.
If you have nice voting record, you will get more voting power & Allocation for featured startup tokensale. That’s how it works.
Other IDO platforms decide incubated startups by centralized due diligence, and allocation will be decided only How many tokens do you stake.
But on Daolaunch, conduct decentralized due diligence, and allocation will be changed by your voting record.

Q5. How do we invest in the project? Do we have locking period or a minimum requirement to be eligible?
Sakuro –  As we said above, We already raised 1.2M USD so far, about to fill private sale round, which is final sale before list.
If you want information about that, please send e-mail to [email protected]

 

Telegram Questions

Q1. English is a popular language. How does, your project plan to spread awareness, of its project in different countries, where English is not good? Does your great project, have a local community for them to better understand, your project? I Think It’s Very Important.
Sakuro – We are more focusing on development currently, and do marketing from now on.
Hence, we are going to open ambassador programs for spread our DAOLaunch to your community, country, and your local.
we will announce about program on our twitter/telegram, so join on our community 🙂

Q2. what’s your token price in market? Tell me how your token deferent from others??? How I can buy your token?
Sakuro – Alright, what unique point about our token model is, we are deflational token model. To mint our decentralized Venture Capital-NFT, you have to burn 1 DAL token.
Supply will be decrease when ecosystem goes spread, and price goes up 🙂
We conducting final presale round, after that we going to list on AMM you can buy it there.

Q3. How does DAOLaunch project intend to stand out with so many Crypto projects out there? What are the uniqueness of project that make different from those?
Sakuro – What we are different from other competitor launch PAD is,
We going to take “Decentralized Due Diligence” procedure which startup tokensale should be feature, on DAOLaunch by voting.
If you have nice voting record, you will get more voting power & Allocation for featured startup tokensale. That’s how it works.

Q4. Please tell us about the “create token” function, how can anyone create tokens for fundraising, couldn’t this lead to fraud? What are the conditions to opt for this function, could you give an example of these tokens?
Sakuro – This is very easy and without any dev code, AND NO FEE required.
Which is I never seen in other product, and also create tokensale, automatically lock liquidity and list on Uniswap/Pancakeswap.
this is already working on our dapps, hence you can create your own erc20/bep20 tokens on daolaunch.
https://app.daolaunch.net/
So this is decentralized, no permission to creating token, tokensale. hence, we conduct “decentralzied Due dilligence” to find good startup from the list.

Q5. Do you have any new partneship recently? So What advantage of this partnership to you?
Sakuro – About partnerships.
We are going to conduct IDO with project, which has famous instagram influencer groups.
He is great artist, and start project to finding and grow NFT artist using their community.
We are going to help for that. We can’t opens that information as for now, you will be surprise when it reveal.

 

Thank you Sakuro (Founder) and Community for participating in the AMA. Have a nice day.

ShopKart AMA
AMA, AMA recap
, , ,
July 12, 2021
88

CRYPTONATIONIN X SHOPKART AMA RECAP

Dear Community,

Thanks to all for participating in our AMA with ShopKart. We really appreciate all your support. There were really good and thoughtful questions that were asked. For those who missed our AMA, this AMA recap is for you.

 

Introduction!

CryptoNationIN – Hello Lewis
🎉Welcome to CryptoNationIN 🎉

Lewis – HI , Thanks for having Shopkart in your community today.

CryptoNationIN – We’re very glad to have you today 😊
How you doing today Lewis?

Lewis – I am doing great today. Hope you are well too

CryptoNationIN – Absolutely we’re well 💯

Lewis – Let’s start the AMA with introduction!

CryptoNationIN – Please introduce yourself and the project Shopkart.io

Lewis – 

I am Lewis, co-founder of Shopkart, based in Estonia. I have 5 years of work ex, working in ecommerce industry and have been in crypto space since 2017
Shopkart was founded couple of months back in Estonia. We are currently in process of registering our firm here.
As we can see with DeFi and payments, crypto adoption is rising and will continue to scale in upcoming years, and ecommerce is big part of everyone’s life.
With Shopkart, we aim to provide users a great experience to shop using crypto at discounted rates and built in reward system.
Shopkart is an ecommerce marketplace , where users can buy from Amazon, ebay, aliexpress or Shopkart marketplace.
We are also building our own ecommerce focused blockchain, aiming to solve industry problems.

CryptoNationIN – Seems interesting 👌

Twitter Questions

Q1. One of the challenging problem with major e-commerce platforms is the large volume of data that they gather from users and sell out to stores and merchants who use their platform. How does ShopKart intend to solve this problem using Blockchain technology?
Lewis – As Shopkart will be a decentralized solution, we do not have rights over the data of user. Security of users and platform is important for us, so users personal data will be encrypted and if Users wants to sell there data to merchants or stores, they will have this functionality to sell the data at Marketplace. This data will only be about, customer shopping behavior or preferences.
Also, every transaction will be recorded on blockchain, to maintain integrity of data.

Q2. The most worrying thing about making purchases online is that there is a high exposure to scams, especially if payments are made externally to the shopping platform. What security measures will ShopKart implement so that users can safely operate with P2P transactions?
Lewis – We are using Coinspayments service for other crypto payment solution , With six years of serving merchants and nearly 2.5 million merchants registered to use their service, CoinPayments is undeniably safe and a legitimate payment processing service.
and for Shopkart tokens, we are implementing QR code scanner payment system, which is secure and error free.

Q3. There are other crypto projects offering the same services.
So my question is, apart from the fact that $ShopKart will be coming up with their own blockchain, how does #ShopKart intend to be different from others giving the same shopping services through their platform?
Lewis – A fully decentralized ecommerce solution, where 50% of the profits are shared among holders of ShopKart and rest used for development of ecosystem.
Imagine, few years down the line, if the profit is around 100 Million, 50 Million dollars will be shared among holders of SHOP tokens.

Q4. From what I could see the card and purchases are limited to Germany, UK and USA. However, cryptocurrencies have had and continue to have a global boom every day, do you have plans to expand to other countries? Do you have legal regulations?
Lewis – Currently what you see on website, this is just the demo. Also first the shipping will start in Europe regions.
Next we will expand to South America, as lot of countries from South America are already adopting Crypto.
After South America, we expand to Asia regions .
Legal : We are in process of registering in Estonia currently, as for the shipping, we will have to comply with the rules of country where the product will be delivered.

Q5. What are the main differences between ShopKart’s marketplace and the one proposed by eBay or Amazon? Being compatible with these large multinational platforms, what improvements does this imply for ShopKart’s commerce and, in turn, for the experience for retailers and consumers?
Lewis – The main differences as compared to ebay, Amazon and Shopkart are :
– Profit sharing with Community
– Very minimal listing fee for Vendors
– Discounts on payments with Crypto
– Data Ownership
– Shopkart Blockchain, to enable building dapps for ecommerce companies
– Product traceability

Q6. Could you please tell about ShopKart team, its background and take us through the early days of creating ShopKart? What is the reason you are implementing the project?
Lewis – We are a team of 4 Members currently and will be expanding over next few months.
Founder – Lewis (Me)
– 5 Years of management level experience. Previously employed by a well-known e-commerce marketplace.
– Crypto Investor since 2017
Co-Founder: (Larry)
– 3 Years of high-level experience in API development and Data Scraping.
– Previously employed by a blockchain startup building Oracle Solutions.
Blockchain Developer – Ram
UX Developer – Kevin
Shopkart was founded one month back in Estonia. We are currently in process of registering our firm here.
As, I have 5 Years of eCommerce Industry experience and was also learning about Blockchain since last couple of years, I had this use case in my mind.
After shopping.io launched, I really got inspired from them and wanted to offer something more to the eCommerce industry, not only to buyers, but full lifecycle of eCommerce.
Ecommerce is expected to grow to 5.4 Trillion dollars by 2022 and 6.4 Trillion dollars by year 2024
Current problem faced by industry :
Merchant/Retailer has fundamental problem of high listing fees, therefore makes less profit
Sell in multiple countries, merchants have to pay high fees
Traceability Do users really know, if there product is original?
Problem of traditional payments.
– High fees
– Chargeback
– Slow , there are delays of payments in different lifecycle
So these are some problems we will be solving at Shopkart using Blockchain Tech.

Q7. Although the global adoption of cryptocurrencies continues to rise exponentially, most of us tend to see this type of use in Europe or America, I would like to know what plans do you have for Latin America where the economy is dire and this could be an ideal solution to the crisis?
Lewis – With Latin America countries adopting crypto , our next plan is to market in Latin America region and start our services in South America. This would bring lot of users to our platform.
We will hire, local professionals from respective countries to fasten our process.

 

Telegram Questions

Q1. How safe Your Token to buy, if you have performed an external audit?
How do you deal with hacker attacks, do you have a bug hunter program?
Lewis – Here is our audit
https://github.com/Quillhash/Audit_Reports/blob/master/ShopToken%20Smart%20Contract%20Audit%20Report%20-%20QuillAudits.pdf
Team and marketing tokens will be locked.
Our presale is starting 29th June 2021 at 13 UTC.

Q2. In Shopkart project Do you have any plans to integrate your project with NFT? Are there viable options for deposits and farming in the future?
Lewis – In Q4, we will do collaboration with Vendors / Merchants for limited edition NFTs.
Staking will be live on our platform 24 hours after listing.

Q3. What are the main thoughts you want to convey through AMA today? Can you tell us the biggest achievement of the Shopkart project?
Lewis – We have not even launched yet, but development has been in full flow since day 1. Our product search demo is live , staking platform will be live 24 hours after listing.

Q4. As a trader, I put the safety of my money first when choosing a platform to trade and invest in! How safe is Shopkart? What programmable security and technology have you and your team developed? to build such a reliable platform?
Lewis – Security is our top concern. We are audited , all team tokens are locked.

Q5. ️Is your project GLOBAL or LOCAL? What are your plans to expand it to all over the World? Can we joint your great project from anywhere in the world?
Lewis – Our project is GLobal and can be accessed from anywhere.

Q6. Smart contracts of recent projects are prone to errors and even previous major DeFi projects have had the same problem, leaving you with a lot of difficulties and a great impact on users. How do you guys improve that?
Lewis – First audit is already done, second audit will come from Certik after listing.

Q7. I understand that with ShopKart you can buy the various products that are in multiple electronic stores, but can you really pay through any cryptocurrency? If so, do these companies like Amazon, eBAY and others already accept this type of payment?
Lewis – Yes you can choose from multiple crypto payments. Users pay us in Crypto and we pay to vendors in dollars.

Q8. How will the data be stored in the system? I am assuming that even though you don’t want to be constrained by the various rules in the myriad of jurisdictions, the data will have to be stored security right?
Lewis – Data will be stored on secured servers. Data will be encrypted and users will have full ownership of data. We will comply to all regulations when it comes to data handling.

Q9. 7,500,000 tokens of $SHOP is being allocated for Rewards. So,can you tell us what kind of reward is this allocation for? What are the mechanism and inclusion of this reward allocation in ShopKart? Why does allocation is a bit high?
Lewis – Total rewards now are 10 Million, 5 million rewards for staking and 5 million for shopping.

Q10. I want to invest, in your project. How can i invest on your project. Is there any limitations for buying tokens?
Lewis – Our presale is tomorrow (i.e. 29th June 2021) at 13 UTC . You can participate in presale and get tokens.

 

Thank you Lewis (Co-Founder) and Community for participating in the AMA. Have a nice day.