Torum AMA
AMA, AMA recap
, , ,
August 16, 2021
91

CRYPTONATIONIN X TORUM AMA RECAP

Dear Community,

Thanks to all for participating in our AMA with Torum. 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 Crypto^^Natives👋
We’ve Jayson from TORUM with us.
🎊Jayson welcome to the CRYPTO^^NATION 🎊

Jayson – Hello Crypto^^Natives!
Thanks for having me here

CryptoNationIN – We are pleased to have you Jayson
Before we start, please tell us how are you doing?

Jayson – Feeling awesome to be sharing Torum to one of the most-engaged communities in the space!

CryptoNationIN – Awesome
Let’s get into this AMA
Starting with introduction
Please introduce yourself to us.

Jayson – Hey guys, I am Jayson, the co-founder and CMO of Torum, one of the largest social media projects in the space.
Got into the space back in 2017 and realize that newbies are getting scammed, projects are getting rekt by marketing. So, I began to work with my crypto buddies on a solution to fix these industry dilemmas at once.
We thought that connecting everyone through a social media platform is the best way to spread knowledge and prevent newbies from being rekt, and also providing a cost-effective marketing channel for projects to do branding.
Hence, we founded Torum!

CryptoNationIN – Great initiative
Could you please introduce Torum to our community?

Jayson – Torum is the world’s first NFT and DeFi social media platform that is specially designed for the crypto industry.
Through Torum, we aim to leverage the potential of social media, NFT and DeFi to build the largest one-stop social media ecosystem of the crypto industry.
We have recently secured a strategic investment from Huobi Ventures, the venture arm of Huobi Global and accumulated over 75,000 users from a total of 205 different countries.
Feel free to check out the platform here: https://intro.torum.com/
Torum AMA
Here’s a product screenshot of the Torum platform

CryptoNationIN – Looks fascinating
Please tell us about the tokenomics of Torum token.

Jayson – Sure, 10.9% of the tokens is offered for the token sale events (including seed, private, presale and public).
7.7% is allocated for marketing.
8% is channeled to strategy, developers and advisors.
The community can get XTM through ecosystem which requires completing Mission on Torum (25%) and LP (15%).
Lastly, 8.4% is in reserve and 25% of the tokens are allocated to the team.
The seed, private, presale and the 1st public round – ISNO is already complete, leaving IDO the last sale for everyone to hop on the Torum train.
Torum AMA
This is the chart for the Torum tokenomics.

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

Jayson – In the coming Q3, we will focus on the launch of Torum IDO event and the release of two key products of Torum, including Torum Airdrop and Torum NFT Launchpad.
Torum AMA
Torum AMA
We will be using the strategic connection (secured from Huobi Ventures) to initiate a mass HECO-based projects onboarding plan. We have already confirmed collaboration with two biggest HECO projects, where one of them is the top DeFi project in the HECO chain.
Torum AMA
Here is an overview of the Torum plan for Q3 and Q4 2021.
Expect big things to happen on Torum for the next few weeks.

CryptoNationIN – Tremendous
Could you please share some of the strategic investors who are backing Torum?

Jayson – In addition to Huobi Ventures (https://cointelegraph.com/press-releases/torum-announces-strategic-investment-by-huobi-ventures-heco-fund), Torum is backed by 20 crypto VCs from different regions, including Tier 1 VCs, like AU21, Consensus Lab, M6, DFG, Lotus Capital, Waterdrip Capital.
Torum AMA
We are even backed by Hotbit, BigOne and BKEX, some of the most popular Tier 2 cryptocurrency exchanges.

CryptoNationIN – That’s really impressive

Could you please tell us about the partners of Torum?

Jayson – Sure
We have the pleasure of working with some of the biggest projects in the space. They are
Huobi Ventures (https://www.huobi.com/en-us/capital/), the venture arm of Huobi Global
Jinse Finance (https://www.jinse.com/), Largest Chinese Crypto Media
Mantra DAO (https://mantradao.com/), DeFi x DAO project
Kylin Network (https://kylin.network/), Polkadot Data + DeFi & Web 3.0
Poly Network (https://www.poly.network/), Cross Chain Project Supporting BSC, ETH, SOL, ZIL, EGLD
Darkpool Liquidity (https://liquidity.ltd/), a 2x Binance API competition Winner
Torum AMA
In addition to them, we are partnered with Blocklime (a distributed ledger technology (DLT) enabler partnering with R3, RSK of IOVLabs and AWS Activate ) and ACCESS Blockchain Association Malaysia (The largest blockchain non-profit organization in Malaysia).

CryptoNationIN – Great!

 

Twitter Questions

Q1. I saw that Torum had recently acquired a strategic investment and partnership with Houbi Ventures HECO Fund. Does this mean we’ll be seeing Torum be able to work, adapt and communicate with the HECO network?
Jayson – Absolutely. We have been in talks with some of the most promising projects in the HECO chain and working on onboarding them to Torum. The Huobi Ventures’s resources and connections make things alot easier here.
There is a lot more that I wish to share, but I prefer to let my actions do the talking.

Q2. When creating a social media platform you need to have an addictive factor, so users will spent more time in it, how do you keep users hooked after they know the platform? what makes Torum interesting as time pass?
Jayson – First one is the mission incentive of Torum. Everyone can complete a series of social media tasks and receive XTM in return.
A potential earning is still the best essence for a crypto user to continue using something. The GameFi trend proves that. As we go into Q4 2021, we will transition into a more complex SocialFi ecosystem, where the profit generated by the ecosystem will be channeled to the community on Torum.
Compared to other social projects, Torum can offer something that others could not provide, which is a social media ecosystem that is exclusively for crypto users and built with crypto-niche features, like the Torum Airdrop and Torum NFT Launchpad that are covered just now.
Imagine going to a world where everyone is a cryptocurrency user and you can find every crypto-related service like finding #DeFi projects, buy #NFTs, participate in #airdrop campaigns, join a crypto #AMA session, etc.
I don’t think there is any reason not to use Torum as a cryptocurrency and blockchain enthusiast.

Q3. Can you tell more details about Torum please and how the NFTs will be used?
Jayson – As an intro to what the author is asking, Torum Finance is the DeFi platform of the Torum ecosystem. The NFTs that are mentioned here is the 363 ISNO NFTs that Torum sold back in May 2021 (https://www.globenewswire.com/news-release/2021/05/12/2228322/0/en/Torum-Completed-the-World-s-First-Initial-Staking-NFT-Offering-in-Less-than-20-Minutes.html).
You can either sell the NFTs to other people or stake in Torum Finance to increase your LP farming stake.
So, 15% of the total token supply will go to this LP farming over a span of 33 months.
After you provide LP with XTM and BUSD on Pancake, you can stake the LP tokens on Torum Finance to get a reward of this LP reward. In addition to stake the LP tokens, you can also stake the ISNO NFTs to multiply your stake in the pool.
This means that with the same amount of LP tokens, any LPs who staked the NFTs will enjoy a premium bonus stake, which potentially increase your earning as a LP.
Hope this answer your question, mate.

Q4. What do you consider to be the best features of “Torum” ? Are there any features that “Torum” has that we can’t get on any other platform? Where can we stay informed of all the news that “Torum” has to offer us?
Jayson – In addition to the Torum Airdrop and Torum NFT Launchpad that were covered, Torum will be launching other key features like
• Torumgram
• Torum NFT Marketplace
• Torum Finance
• Torum News
• Torum Lounge
You can find the description of each feature here: https://medium.com/torum-official/unveiling-the-torum-h2-development-roadmap-5b664f655500
Among them, Torum Lounge, Torumgram and Torum News are the 3 key features that you can’t find on other social media platforms.
Torumgram is the feature for you to integrate Telegram to Torum. Imagine using Telegram for altcoins hunting and then sharing the info directly on a social media platform.
Torum Lounge is an interactive audio board for creators, influencers and projects to hold podcasts and AMA. Imagine having a crypto Clubhouse together on a comprehensive social media platform.
Torum News is the place for everyone to get updated to any latest media news of their favorite projects.
I might be biased here, but I don’t think there is any social media platform that is as innovative and creative like us.
There is only Torum.

Q5. Many people want to learn about your project but they have problem with English, so do you plan to spread awareness about your project in different countries where English is not good? Do you have marketing strategy aimed at developing many different communities?
Jayson – This concern is 100% valid. We faced culture shock and language barrier as we expand to different regions.
The first improvement we made is the global translation feature on Torum. Might sounds strange for you, only Torum is doing a translation feature to better connect every crypto lover in the industry. Other social media projects are kinda ignorant to this little puzzle. With a global translation feature, everyone can understand one another better, thus a more connected social media platform is created.
The next one is the community ambassador program that will be released in the coming mid Sep (expected). We will be getting onboard some top quality community leaders from different countries to lead the Torum community across all the regions.
Having a person speaking your common tongue is still the best way to communicate something.
I am confident that with these two key puzzles are secured, the communication issues will be minimal.

 

Telegram Questions

Q1. What are main products? In What cases is the current Torum used?
Jayson – Torum social media is our main product. It’s released for over 13 months and now has over 75,000 users. You may join it here: https://www.torum.com/signup
But please do not SPAM on the platform as you will be reported and your mission system will be freeze.

Q2. For project development, the main priority is to have sufficient funds. Is your team financially able to carry out? Do you have sufficient funds for development?
Jayson – We have raised over $ 2 millions for Torum. I think that is suffice for the project to move to the 2nd phase.

Q3. Only getting users, holders etc is not everything. In my opinion, a project needs to deal with solving a real world issue or problem What is the problem that your project primarily focuses on?
Jayson – We solve 2 key issues with the relevant solutions here.
Projects: Struggling to sustain with incredibly expensive marketing budget
Solution: BUDIL a one-stop marketing and community building suite for projects
Community: Lured into scams due to big knowledge gap of the industry
Solution: BUIDL a beginner-friendly social learning platform for people who are interested to learn crypto and blockchain
Torum is a project that can solve key problems faced by different perspectives.

Q4. Are you working to AUDIT YOUR PROJECT to make it more secure and reliable?
Jayson – Of course, feel free to check the audit report here: https://fairyproof.oss-ap-southeast-1.aliyuncs.com/doc/Torum-Audit-Report-051721.pdf

Q5. Which platform are your closest competitors? suppose, do you accept Uniswap, Curve or Balancer as your competitors? Also How will you take to the next level?
Jayson – I would say Bitclout is our closest competitor. Trodl can also be considered as one. I think what is covered in the AMA earlier already answered your last question.

Q6. Do you have a Token Burning plan to increase Token value and attract Investors to invest?
Jayson – We will allocate 5% of the ecosystem profit to do token buyback-and-burn every quarter.

Q7. You said that BSC has the Torum to surpass the Ethereum Network and having Torum in BSC makes the user adoption process much easier. But wouldn’t you consider cross-chain technology as your project expands?
Jayson – I am 100% sure that we never said that. But Torum is found on multi-chain, including BSC, HECO Chain and Ethereum.

 

Thank you Jayson Tan (CMO & Community Manager) and Community for participating in the AMA. Have a nice day.

CryptoNationIN X Bunicorn AMA
AMA, AMA recap
, , ,
August 12, 2021
80

CRYPTONATIONIN X BUNICORN AMA RECAP

Dear Community,

Thanks to all for participating in our AMA with Bunicorn. 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 Alex
Welcome to the CryptoNationIN 🥳
Glad to have you for the AMA today 😃

Alex – Hello everyone 🙌
Thanks for having me here today!

CryptoNationIN – It’s our pleasure
What’s good?

Alex – Everything is fantastic at Bunicorn so far ^^

CryptoNationIN – We wish the same for the future

Alex – Thank you for your nice words!
Wish you all safe and sound during the pandemic.

CryptoNationIN – Thanks Alex. We wish you the same. 😊
Let’s start the AMA with introduction.
Please introduce yourself to us.

Alex – Sure. Hello again. I’m Alex from Bunicorn. Happy to talk to you today!
I have been in the crypto space for 5 years. I used to work at TomoChain as Marketing Manager for the last 4 years. Now I’m with Bunicorn as Head of Communication.
Bunicorn is run by 30 people with rich experience in the blockchain field. Recently we have recruited 2 talents including Vincent Vu – Game Design Director, and TuNa – top 100 Binance NFT creator to join our team & imagine a unique game universe for Bunicorn. You can read details about our core team on our official website https://bunicorn.finance

CryptoNationIN – Magnificent 💫
Could you please introduce Bunicorn to our community?

Alex – So at Bunicorn, we are building an intense DEFI Game platform that elevates DEFI and blockchain gaming experience to the next level
Within Bunicorn Ecosystem
— Bunicorn RPG game is designed for the “Play to earn” purpose while teleporting users to a magical “Bunicorn” world with exquisite NFT collectibles.
— Bunicorn exchange is a highly performed AMM DEX that offers investors yield-earning opportunities through liquidity pools and liquidity farm mining with unique time-locked rewards wrapped into tradable NFTs.

 

Twitter Questions

Q1. There are 2 types of pools in Bunicorn. What is a FLEXIBLE pool? How is it different from the pool containing stablecoins? What kind of benefits does it provide to investors and users?
Alex – Bunicorn flexible pools are modeled after the concept of N-dimensional invariant surface AMM proposed by Balancers. Each pool contains the two or more tokens and each must have the independent weight. The weight of the token in each pool represents its proportion of the total pool value.
Liquidity providers can also join a multi-token pool with a single asset.
There are two types of Bunicorn flexible pools and their benefits as below:
— Shared Pool: are “public” flexible pools whose parameters are fixed. Anyone can add or remove the liquidity and swap tokens in the pools.
— Smart Pool: pool creator can change 6 different parameters like Change Weight, Change Fee, Pause Swap, Restricted LP to whitelist. Bunicorn is bringing the Balancer-style liquidity bootstrapping pool (BBP) to the Binance Smart Chain. The pools have been specially designed to distribute tokens fairly and bootstrap liquidity in token launches, both weaknesses of current AMM models.
Regarding the stable pool, it is a special type of AMM pool that only works for stablecoins. There are several advantages of a Stable pool:
— Amplified pools with extremely high capital efficiency
— Lower trade slippage due to high capital efficiency.
— Dynamic fees to optimize returns for liquidity providers.

Q2. I need some theory. In view of the fact that the NFTs are key in your project. How does gamification help to broaden the range of guarantees and create fun interactivity?
Alex – Everybody loves game. Especially, you can have fun while playing and earn rewards at the same time!
By the end of August, we will release the first Play-to-earn RPG game on BSC along with our NFT marketplace.
This is the first game in the Bunicorn Universe in the form of a card game, which will be web-based. The Pokémon-inspired game allows players to collect and own trainers and Bunicorns to battle each other for rewards. Basically players can earn income from this game through:
— Rewards after the battle is won
— Upgrading and selling trainers/Bunicorn on the market
— Luck to get high level of rarity Bunicorns
— Staking and receiving rewards from a part of the game’s revenue for BUNI holders

Q3. You hinted about Bunny and horn NFT gaming theme. Will this mean that you will be releasing Bunicorn games where these NFTs will be needed? Can you provide some clue with regards to your game? Will users be able to earn while playing?
Alex – Thanks for your question! We are so excited for its launch by the end of this month. It is the very first game in Bunicorn gaming metaverse we are going to release in the future.
A quick intro about Bunicorn Game: it is a Play to Earn NFT RPG inspired by Pokémon on the BSC network. The game set foot in a fictional universe and revolves around the hunting and training of fantastic creatures named Bunicorn. Players enter the battle using their trainers and Bunicorns to earn BUNI tokens. Assets are player-owned NFTs minted in the ERC-721 standard which may be traded on the marketplace.
Yes, you can play to earn with Bunicorn. It utilizes a Play-to-Earn model inspired by CryptoBlades by distributing BUNI through gameplay and giving value to player NFTs by increasing their use through future features.
👉 Details: https://blog.buni.finance/bunicorns-play-to-earn-adventure-battle-to-redeem-buniland-s-peace-c3a1d37bdb2d

 

Q4. What was Your project created for, what solutions has it come to provide in the cryptospace and how do you expect to implement these solutions?
Alex – With the goal of becoming a specialized ecosystem for upcoming play-to-earn projects, in each of its products, Bunicorn ecosystem own various solution to solve the problems that similar products are facing, including:
AMM DEX
— The main problem with DEX is impermanent loss when liquidity providers (LPs) have to join high-risk pools on Pancake. This makes half of their accounts exposed to a token whose price goes up and down with too much volatility.
— When users trade stablecoins on DEX normally, the slippage is too large, not suitable for trading stablecoins
YIELD FARMING
The yield farm projects that have high APY often return the token’s very high inflation rate. This makes users tend to pump all tokens after farming.
PLAY TO EARN NFT GAMES
The tokenomics problem in the game is quite difficult for many projects. And for us, we can balance growth and sustainability in the game and solve problems such as:
— the entry cost for new players is not too high, which can help attract new players
— The ratio of bonuses for old and new players is stable and fair
— tokens used as bonuses are not too inflationary
NFT MARKETPLACE
— Currently, marketplaces like Opensea have too many categories of NFT, or other marketplaces only specialize in pictures
— The community needs a specialized marketplace for NFT games to exchange, buy and sell items of each game

Q5. As I know this project is relatively new, you’re just getting started. Can you tell us about the progress you have made so far? What has been the most important update of the moment and what are you currently focused on?
Alex – Bunicorn just has successfully released Bunicorn DEX (https://bunicorn.exchange/) on 12 July. Our DEX got pretty impressive numbers with around $26M TVL and good trading volume. Despite $BUNI’s IDO was laucnhed at the time of the bear market but currently still has an ROI of x8 compared to IDO price (0.03) and was once a top gainer on Coinmarketcap.
We are running the NFT farms where users can enjoy juicy APR and receive NFT tokens as extra rewards to play in our game.
At the end of this August, we will be releasing the Bunicorn Game and Marketplace at the same time as I mentioned above.
On the other hand, our team is still exploring a new game with high complexity and more investment at the end of the year 2021.
These are other things in our roadmap in the upcoming future after the game and nft marketplace:
– The 2nd Bunicorn game launch by the end of 2021
– Mobile app for DEX
– Governance
– Synthetic swap and Derivatives
– Crosschain swap via Polkadot and Layer2 ETH
You can follow us at @bunicornswap for the latest updates!

 

Telegram Questions

Q1. I’ve noticed that Bunicorn uses amplified pools adopted from the Kyber Network’s DMM system. Does this mean that ưew can experience a safer slippage percentage? Could you give us an example?
Alex – As I introduced above, Bunicorn exchange has 2 types of pools: Stable pools and Flexible pools. Regarding the stable pools, we adopt Kyber DMM technology to ensure super low slippage and high capital efficiency for stablecoins. Kyber DMM uses amplified pools with dynamic fees that increase or decrease in periods of high or low volatility, respectively, according to an AMP factor. In this way, the DMM optimizes returns by reducing volatility.
We made an experiment ourselves the other day and the result was fantastic.
With the same amount of 10,000$ USDC to BUSD trading done on the Bunicorn and Pancakeswap, we received 11 BUSD more in return from Bunicorn
At that time, TVL on Pancakeswap was ~ $144M in USDC-BUSD pool alone, Bunicorn’s was only ~$5M
This proves that Bunicorn exchange provides much better capital efficiency, slippage & fee for traders while swapping stablecoins
This is our experiment: https://twitter.com/phuc_bunicorn/status/1425363784416129025
More explanation here: https://forum.buni.finance/t/bunicorn-owns-one-of-the-most-cost-efficient-stablecoin-pools-for-traders/113

Q2. Do you have AUDIT credentials or are you working to AUDIT your project, to make it more secure and reliable?
Alex – To further build a better version of the cryptocurrency market with maximum security, we recently have chosen Hacken (https://hacken.io/) — a leading cybersecurity consulting company with an essential focus on blockchain security — to perform extensive audits on our project. The audit took two rounds to complete. It gives us immense pride to declare that our smart contracts are secured.
Certik is also auditing us, hope the report will be out soon.
Bunicorn also hosted in Immunefi and Hacken Proof with the reward up to $50K without any vulnerability found so far.
We are discussing the integration terms with InsurAce to get insurance products for our TVL.

Q3. What use plans do the NFTs have within the ecosystem and in what ways are they going to be valued?
Alex – Unique BUNI NFT collectibles will be generated from yield farming on Bunicorn exchange.
Bunicorn NFTs are not only to be traded/exchanged on the marketplace but users can also play with our new game. It is how we combat the post DeFi liquidity crisis that every yield farming projects have to face. We add a soul to each NFT token, giving them a mission to help owners conquer new goals in our game. This brings a long term meaningful value, both financially and intellectually, to NFT tokens and its owner.
Apart from the Artwork/Gaming value, each NFT in Bunicorn is actually backed by real BUNI tokens, so it contains speculative value as well. It means you can see it as a bond to buy/sell/invest at a future price.
Our team just recruited a Veteran Game Designer in Vietnam, Vincent Vu. He graduated from Edith Cowan University, Singapore and has more than 11 years of experience in the gaming field. He worked with Scopely in WWE Champions and now have been working on Impostor Solo Kill that has more than 30 mil download within 3 months.
And TuNa – TuNa stands out as the Top 100 Binance NFT Creator. He is also recognized for his brilliant talent in his homeland Vietnam as the artist has published his #Hanoipunk (https://www.facebook.com/media/set?vanity=artist.tu&set=a.3220375038022130) and #Saigonpunk (https://www.facebook.com/media/set?vanity=artist.tu&set=a.3392884537437845) series, which perfectly blends the rustic charm of the two cities with fantasy steampunk elements. He will also take the role of the Art Director of Bunicorn’s the 2nd brand new game coming at the end of this year.

 

Thank you Alex (Head of Comms) and Community for participating in the AMA. Have a nice day.

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.

Kooopa AMA
AMA, AMA recap
, , ,
June 25, 2021
90

CRYPTONATIONIN X KOOOPA AMA RECAP

Dear Community,

Thanks to all for participating in our AMA with Kooopa. 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 – Welcome Haydn Snape, Joseph Rubin, Pranav Khavanekar, Sumit Chitroda 💐
We’re glad to have you guys 😊

Haydn – Hey all 👋

Pranav – Hey everyone

Sumit – Hello everyone!

Joseph – Hi all!

CryptoNationIN – Guys, how is it going?

Haydn – Going great, pleased to be with Crypto Nation

CryptoNationIN – Shall we start the AMA?

Sumit – lets do it!

Joseph – Yes, ready when you are😄

CryptoNationIN – I hope y’all are ready.
Starting with the introduction.

Haydn – I’ll go first.

CryptoNationIN – Sure.

Haydn – Haydn Snape, been in the industry for 6-7 years, background more in TradFi. Own and operate SSG Management, blockchain business incubator. I’ll be acting as CEO of Kooopa until we find a far more capable person 😄
Largest seed investor in the project and senior advisor.

Joseph – Hi all, I am a former research scientist living in Florida, USA with a background in mechanical engineering. I got into the crypto space in 2017 when I met @haydnsnape and we launched another project together. I’ll be operating as the Kooopa COO, and am excited to answer all your questions today!

Pranav – Hi I am Pranav Khavanekar, I have experience in Networking and Cyber security. I have been working with Telecommunication Industry in a company named ECI Telecommunications. Right now I am pursuing Masters of science in CyberSecurity from Dublin Business School, Ireland. I am responsible for overseeing Security of our project. Thank you.

Sumit – hey Y’all, I am Sumit Chitroda, former data scientist and now Full time crypto Trader. Been programming for 8 years now, I will be the lead developer and technical director for the kooopa. Excited to be here!

CryptoNationIN – Y’all seems really interesting guys according to your respective introduction.
Now, please give us a brief introduction about Kooopa ($KOO)?

Haydn – I’ll go again.

CryptoNationIN – Would be nice.

Haydn – Kooopa is all about democratising the gaming industry, be it for gamers, developers, artists, creators etc. And from a crypto perspective I’m aiming for it to be one of the few projects that actually ships quality products and features, so that we get the token actually being utilised.

Joseph – One of the aspects of the project I’m most excited about is creating video games or partnering with game developers to make $KOO the in-game currency for a number of online games. This will provide real utility and allow gamers to take loot from one game to help benefit them in another.

Haydn – I’ll add a bit more.
We’ve also got a pretty badass brand.
Kooopa is a derivation of Koopa the character from Mario Kart.
You know, the blue shell with spikes that knocks all the other players off the track.
You know, the blue shell with spikes that knocks all the other players off the track.

Sumit – The Kooopa Token is an ERC20 standard token deployed on matic/polygon network(for scaling and gas issues on eth network). The vast ethereum ecosystem and the freedom of development it provides makes it a obvious choice to deploy such a project on.
We will be leveraging the decentralization aspect of blockchains to give the gaming community back to gamers where it belongs and not in the hands of some giant corporation in the middle making all the profits.
We have been working with various ideas around the developers and gamers that can make this possible by means of, on-chain treasury, community based governance, integration into existing gaming ecosystem and much more.

Pranav – Assuring the decentralisation aspect of the project, to ensure just a few people does not control the network. We have implemented number of ideas like whale shock safety and txn limits. No single wallet can own more than 1% of the total supply there are limits to the amount of txns you can perform to guard against big crashes, these are already implemented and we’ll keep working on it to make it more secure And stable project.

CryptoNationIN – It’s all about the gamers and the game developers. Right?

Haydn – It’s about all creators.

Sumit – Indeed, the gamers invest in a game and the developers are responsible to develop a game with kooopa features in it. As the game gets popular only the gamers and developers earn the profit.

Joseph – Correct, our target is the gaming industry, and while that may seem like a niche community, a recent survey has found that over 66% of the US population has played a video game at some point.

Haydn – Developers will profit by being able to crowdfund their ideas, and token holders who stake/bring game ideas to life will earn a return.
$KOO will also be the fuel of our NFT marketplace: Kooopa Kapture.

CryptoNationIN – How will Kooopa achieve building a good and profitable gaming network?

Sumit – 1.we have integrated DeFi features with a twist of gaming, you can earn NFT’s, tickets to tournaments, discounts on games and such.
2. We have a NFT betting platform, that gamers can bet on live tournaments and support there fav team.
3. we have a decentralized crowdfunding platform.
4. We plan to integrate NFTs with these games events to capture the most amazing movements in the event and make it permanent on a blockchain, gives a whole new meaning to events history.
and these are just some of the features we have been working on!

CryptoNationIN – What is the most unique thing that KOOOPA brings to the blockchain community?

Haydn – That would be Kooopa Kapture.

Sumit – Definitely the NFT features, like kooopa kapture, NFT moments, decetralised NFT betting.

Haydn – Kooopa Kapture will enable gamers to capture in game moments and convert them into NFTs
This is powerful use case for NFTs not yet seen in the space.

Pranav – Defi variant, we offer more than just earnings on your coin, we offer actual utility that gamers can use and benefit from; like staking for tournaments tickets/participation, exclusive discounts for token holders just to name a few.

CryptoNationIN – What does Kooopa have that other crypto/gaming projects don’t?

Joseph – Well, as Haydn mentioned above, the Kooopa Kapture would be a novel idea, which hasn’t been done yet in the crypto/gaming space.

Haydn – Another feature we’re excited about is our browser rewards wallet.
Think Honey, but crypto and specifically for online game stores.
$KOO will power a rewards system where shoppers can earn ‘tokens-back’ on purchases through participating online stores.
The first store we have partnered with is www.trezn.com
The rewards wallet will be a browser extension compatible with Brave and Mozilla.
We all know the success Honey has had, so imagine a token being exchanged on a similar scale.
We hope this will also be a mechanism for mass adoption as non-crypto users who shop at participating stores will be incentivised to create a wallet and sign up.

 

Twitter Questions

Q1. How does Kooopa stand out from the numerous gaming projects in existence already and how exactly does users earn rewards on Kooopa network playing their favorite games?
Sumit – Existing projects are either working on creating their own game and implementing a token for it making the token only work in their ecosystem,and the one which are working towards community tokens doesn’t have such unique and bold ideas, thats how kooopa stands apart from others.
Pranav – Kooopa will be integrated with these games, and instead of having a seperate in game currency developers will use $koo and build events that rewards users for playing! Thats besides from kooopa kapture which not only just lets you mint nfts but also trade it on platforms like open sea.

Q2. Global gaming platforms and ecosystems saw a surge in growth but was stifled by a series of inefficiencies, high barriers to entry and stumbling blocks for new entrants, challenging the industry’s current centralized monopoly .. How did Kooopa solve these problems?
Haydn – Whilst we recognise the importance of partnerships, and integrating with legacy platforms/ecosystems, our primary focus will be shipping real products and features that users can use straight away
If the products are good the users will come, the community will grow, and deals will come
So we’ll navigate around barriers by creating our own.
Sumit – For the monopolistic nature of the ecosystem we have developed multiple solutions:
1. An on chain Treasury that’s filled with every transaction on the network, these Funds from the treasury are community controlled and is only deployed by the gamers to developers who have intresting proposals and requests for grants, makes the whole thing crowdfunded.
2. we Have a Fan token implementation for creators looking for bigger investments, creators can mint token on our platforms and sell it to gamers to raise funds, these tokens then can be used to have a stake in the creators project by the fans.
this is how some of the ways we plan to democratize gaming again!
Joseph – And, additionally, with regards to the high costs, we will be using matic to confront the high gas fees. Also, we may plan to jump to another blockchain in the future to combat the high transaction fees that are endemic to the current marketplace.

Q3. With Kooopa, we can easily convert gaming streams or images into tradable NFTs. So, with this tradable NFTs, how it will be valuable in the market and where can we trade this tradable NFTs?
Sumit – There are spam resistant features as to the amount of NFTS one can mint, which forces people to choose good value content, ofc not all of the NFTS will have good value, but we need that range of varied price NFTS. NFT’s will have value with the history/ intensity attached to the captured moment.
The NFTS will have erc721 standard which makes it tradeable on all compatible eth platforms like opensea and such.

Q4. Kooopa Token aims to level the cryptogaming space with genuine utility. What are the main differences between Kooopa Token’s architecture and other ICO cosystems built on scams and empty promises? What has Koopa Token done to meet real unmet needs? What are its unique use cases?
Hayden – $KOO will be used to create a fair-play ecosystem for indie developers. Currently, barriers prevent great games from finding success. Our smart-contract studio will allow the players to Kickstart and invest in worthwhile ideas. Developers receive funding for design and marketing, while players receive a percentage of the profits. It will be the first player-driven gaming studio, and every game will accelerate the Koopa token economy. Games published on the Koopa platform will be available to purchase using $KOO. They’ll use $KOO as premium in-game currency. The positive feedback loop creates constant demand for the crypto and endless value for holders.

Q5. On Kooopa’s Litepaper, I learned that the network will maintain an on-chain Treasury on the blockchain, can you please tell me what the sole purpose of implementing this Treasury in regards to Kooopa’s community? As this Treasury will be funded by fees, why is it limited to 1%?
Pranav – An on chain Treasury that’s filled with every transaction on the network, these Funds from the treasury are community controlled and is only deployed by the gamers to developers who have intresting proposals and requests for grants, makes the whole thing crowdfunded. Every decisions about the networks ecosystem will be done by community voting, the developers will intially set the rules until the governance feature is live on the chain. Once the governance is implemented the network will be self sustaining and it wouldn’t need companies oversight much!

Q6. I read that smart contracts guarantee that a founder can never sell more than 5% of their total tokens at a time. What is the purpose of this long-term action within the Koopa Token protocols? How will this methodology make your project grow and be profitable in the future?
Sumit – We have capped the supply with 1% per wallet, and this is our ‘rugpull resistant’ feature and to ensure that the community stays democratic.
Joseph – Well I think the purpose is clearly to inspire confidence for the Kooopa community that us founders don’t plan to sell or dump the tokens. We are in this for the long-term!

Q7. Who are the target audience for Kooopa and is it possible not just to play but to earn something in your game? Are there plans to attract and reward early adopters of Kooopa gaming platform?
Joseph – 1.) I think our target audience is anyone with a device that is capable of playing a video game, so we have billions of potential users.
2.) yes, players on the Kooopa games will be able to earn real money by playing certain games. Imagine an MMORPG where you can cash in your loot for real-world money.
Also, we will be doing promotions for early adopters. Follow @kooopatoken on Twitter or Instagram to stay updated on our promotions.

Q8. What kind of partnerships with different projects/platforms/protocols can we expect from Kooopa Token in the future? Could you give us some examples of how other projects can leverage Kooopa Token?
Joseph – Well, I’m sure Haydn can add to this, but I believe that partnerships with game developers will be crucial. It would be ideal to get $KOO as the in-game currency for a large number of games
We have been working on partnerships in other industries as well.
Haydn – That’s right, we plan to onboard up to 10 indie game developers in the next 12 weeks
Given our use of the Polygon (Matic) L2 solution we also plan to open dialogue with their team, as a way of establishing a deeper relationship.
One last thing, for our $KOO rewards wallet we plan to open talks with GameStop.

 

Telegram Questions

Q1. I want to invest, in your project. but I doubt it a little. Can you please assure us that unlike, other scam projects there is no possibility of fraud?
Sumit – We have less than 1% token allocation per founder wallet and most of that will locked until the governance is out, no chance of rugpull.

Q2. It’s no secret that the gaming ecosystem is terribly competitive, even in the blockchain sphere. How does Kooopa plan to get noticed? What strategies do you have in mind?
Joseph – That’s where our branding comes in. $KOO will be marketed as a meme token similar to Doge. We plan to introduce a variety of comics and memes for the community to build upon and it should allow us to get some viral attention on platforms like Reddit.

Q3. From what I understood Kooopa is building a community driven game network, not an actual game, right? I would like to know then with what types of games they will include within this network? will they only be crypto games?
Sumit – Any and all kind with existing publishers as well like EA and rockstar.

Q4. Why you choose ERC-20 chain to built $KOO token? Having networks with a lower fee in transactions such as BEP-20, TRC-20, What benefits does ERC-20 have that the others don’t?
Sumit – We used erc20 standard for the vast ecosystem of eth and its tools, others system lacked the userbase. and to solve the gas and other eth network issues we used matic/polygon L2 solutions.

Q5. Do you have AUDIT certificates, or are you working to AUDIT your project, to make it more secure and reliable?
Sumit – We have yet to deploy our main contracts audit will followed after that.

Q6. I noticed that players will be able to use their Koopa Coins to invest in games. Can you tell us a little bit about what this will be about? Will these games be developed by you or by the community itself? How much will the return on investment be?
Joseph – These games will come in all varieties. We can have mini-games like Candy Crush, strategy games like Clash of Clans, or even MMORPG’s. Some of the games will be developed by us, but the majority will be partnerships with other game developers. I’ll let the others jump in here if I missed anything.

Q7. Could you give an example of what would be the real unmet needs that Kooopa Token would be able to solve?
Sumit – Removing publishers in middle like EA, Bethesda and such that suck the profits from underdeveloped games and dont even bat an eye.

Q8. Does Kooopa have plans to use a marketing strategy such as collaborating with youtubers, influencers, or professional e-sports players so that your gaming network reaches a large scale?
Haydn – Yes we plan to partner with leading Twitch streamers.

Q9. I’m really not a fan of gaming, how else can I then get project out of Kooopa and generate revenue from it?
Sumit – By token-backs, passive earnings from staking and such, you really have to love gaming to fully utilize the token’s features.

Q10. Why is Kooopa token deployed on matic/Polygon network, what advantages does this have?
How can I convert my gaming streams and images into tradable NFTs and Is it possible to earn money playing my favourite games with the help of Kooopa?
Pranav – Matic polygon network is L2 network for Ethereum that reduces transaction fees for users who are looking forward to transfer cryptocurrencies.
You can convert gaming streams and images by Kooopa kapture. Its is just as simple as taking a screenshot.

Q11. I want to invest, in your project. but I doubt it a little. Can you please assure us that unlike, other scam projects there is no possibility of fraud?
Joseph – Yes, this project is not a scam. We are happy to verify or identities or do whatever necessary to prove to you our honest intentions: taking $KOO to the moon!🚀

Q12. Are you going to be suitable for both professionals and newbies
Or are you only for elite investors?
Haydn – We’re open to all investors so long as you consider yourself sophisticated.

Q13. From what I understood Kooopa is building a community driven game network, not an actual game, right? I would like to know then with what types of games they will include within this network? will they only be crypto games?
Joseph – All types.
We aren’t limiting ourselves to a single genre.

Q14. Could you give an example of what would be the real unmet needs that Kooopa Token would be able to solve?
Haydn – Barriers to entry for indie developers, small content creators not being able to build a community and monetise their content.

Q15. Can you explain the anti-whale mechanisms that Kooopa will implement? Will they be permanent? Or can they be modified depending on how the project progresses?
Sumit – Currently there is a 1% cap, and the cap will never increase. No wallet can hold more than 1% tokens and there is also a transfer limit per wallet per day! to withstand against strong volatility NO FUD is gonna shake us down.

Q16. How strong is your team? Many projects starts with good impression and later abandoned the project. What makes your project different than others? Please share with us!
Haydn – We’re made up of senior consultants, CEOs, and CMO’s from the gaming, TradFi and DeFi spaces. We also have a team of wicked smart developers based out of India.

Q17. A project, especially a game project, is nothing without a strong community behind it. How do you plan to build it? Many projects with very good ideas fail at this point unfortunately
Joseph – One of our strategies is to utilize viral meme marketing similar to Doge.

Q18. I’m really not a fan of gaming, how else can I then get project out of Kooopa and generate revenue from it?
Joseph – This isn’t just about the traditional “gamer” industry. Do you play any games on your phone, like Words with Friends? We plan to build a wide variety of games for all types of people.

Q19. When doing some research I saw that the Kooopa Platform will allow gamers and content creators to create their own fan tokens, yet little is known about the advantages the token brings, what are the benefits of being long-term Fan Token holders? What projects can fan tokens fund?
Sumit – A creator has to list all the projects they require funding for, they sell their fan tokens at a certain price (the formul will later be community decided), Now the respected fans can buy said tokens and stake it in creators project for a percent of the projects profit, all of this will be handled by the kooopa decentralised platform.

Q20. Where does the project name come from? What does it mean for you and why did you choose that name for your project?
Pranav – Kooopa is a derivation of koopa character from Mario. The one who knocks out all other players off.

Q21. What profit potential do you think Kooopa will leave behind? It is extremely profitable to be part of this project, why?
Joseph – We can’t guarantee any profit, but this project has a lot of potential and us founders are in it for the long-term.

Q22. How do you handle the communication issue, how are you aware of the needs and opinions of the community? And vice versa, how can the community be informed of what they are doing?
Sumit – We are a group of veteran gamers and we know the problems community has been facing since the inception of gaming, thats we are developing a governance program that will literally control all the major decisions of the network without anyone in the middle not even the founding memebers!

Q23. Why is Kooopa token deployed on matic/Polygon network, what advantages does this have?
How can I convert my gaming streams and images into tradable NFTs and Is it possible to earn money playing my favourite games with the help of Kooopa?
Pranav – Off- chain scaling mechanism. It allows assets to move from one chain to another.

Q24. How do you handle the communication issue, how are you aware of the needs and opinions of the community? And vice versa, how can the community be informed of what they are doing?
Joseph – Reaching out to us via email or telegram will be an effective way to contact us.

Q25. Are you going to be suitable for both professionals and newbies
Or are you only for elite investors?
Joseph – All are welcome.

Q26. How can I trust your project? If you can give any proper information about it, I would like to invest in your project.
Joseph – We’re willing to provide any information you need to gain your trust. Message me https://t.me/josephrubin on telegram if you want more details!

Q27. Do, you have official YouTube medium and telegram social media and how do, you maximize them to reach, users and investors?
Joseph – Yes, visit www.kooopa.io

Q28. It’s not new again that there are SCAM projects that RUGPULLS
What the assurance you won’t SCAM or RUGPULL
For users SAFTY have you pass an AUDITS?
Joseph – We will be having an audit soon. With regards to the trust issues, I’m happy to provide some of my personal information if that will help ease your concerns.

Q29. Do you have, any plans to add Nft’s to your ecosystem, as this is the hottest topic, in the crypto space?
Joseph – Yes, please check out our website for more details on this: www.kooopa.io

 

Thank you Haydn Snape (CEO), Joseph Rubin (COO), Pranav Khavanekar (Security Expert), Sumit Chitroda (Lead Developer and Technical Director) and Community for participating in the AMA. Have a nice day.