CRYPTONATIONIN X B-CUBE.AI AMA RECAP
AMA, AMA recap
, , ,
May 25, 2021
56

CRYPTONATIONIN X B-CUBE.AI AMA RECAP

Dear Community,

Thanks to all for participating in our AMA with b-cube.ai. 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!

Manpreet – Hello community

Today we’ve Guruprasad Venkatesha (CO-FOUNDER & CEO) from b-cube.ai

Hey Guruprasad Venkatesha, how have you been?

Guruprasad – Hello Manpreet Nice to meet your community and glad to be here!!

I am doing great, thanks. How about you ?

Manpreet – It’s good, thanks for asking 😊

It’s our pleasure to have you here today for the AMA ☺️

Guruprasad – Glad to hear that! 🙂

Manpreet – Shall we proceed with the AMA?

Guruprasad – Yes sure!

Manpreet – Please introduce yourself

Guruprasad – Ok. So my name is Guruprasad, but you can call me “Guru”, I am the CEO & Co-Founder of b-cube.ai

My background is from Stock markets when I built my startup from the scratch and sold it even before finishing my engineering. I studied Industrial Engineering & Management. Worked at Morgan Stanley as Investment Analyst & Trader. Then was looking for an adventure when I found BTC. Initially thought it to be a scam but took some time to understand Blockchain technology but it was in 2016 when myself, family and friends lost 120k Euros in scam ICO then we thought of creating a efficient financial product for Crypto trading. My friend whom I met in Paris in a yoga workshop became my co-founder who is an expert in AI and then is history.

Manpreet – Your early age involvement is impressive 💯

Guruprasad – Thank you!

Manpreet – Now, could you please give an introduction of b-cube.ai

Guruprasad – B-CUBE.AI is The Ultimate All-in-one AI-driven Platform for Crypto Traders

We can summarize what we are currently doing and our future plans in 5 simple points:

— Trading on autopilot for CEX & DEX, cutting-edge DeFI solutions
— In-house strategies using AI/ML dynamically adapting to the market
— Marketplace of premium quality Crypto Trading Signals & Bots
— Build your own AI/ML bot on top of our already working strategies
— Educational courses, webinars, community & consultancy

We have a product live for the last one year with hundreds of happy clients, now after fund raising we will be developing more advanced tools to simplify the trader’s life!

Manpreet – Great 🙌

Could you please tell us what type of features will advanced tools have?

Guruprasad – First of all, we will have advanced bot based on Reinforcement learning, ensemble learning and ANN based models which will have great predictive power than the models that we have or in the market right now. We have huge technological advance against any of our competitors and with these upgrades we will reach the pinnacle of success.

Other tools include on-chain analysis data, sentiment analysis data & bots for DEX to have capability of trading in flash loans

Manpreet – It will be pretty helpful

 

Twitter Questions

Q1. Regulation is very important. Projects are closed in many countries for failing to use proper regulations and permits. To be worldwide; how do you handle this problem?

Guruprasad –  Very good question!!

The first thing that we did before starting the project was to contact AMF which is SEC of France to know if our business is regulated or not. They said no, then after we launched the product to public, we went back again to them to get answer to the same question. They gave it in writing (via email) that we do not need any licence for the bots business. But we never know how the future will look like as we are not astrologers 😄 so we are applying for DASP licence in next two months to get regulated as a Crypto company. DASP means Digital Asset Service Provider. This is an optional licence asof now but we never know when laws can change so we will have it before it becomes a mandatory stuff.

 

Q2. The listing on 30th will be uniswap v2?

Guruprasad – Yes, listing will be on Uniswap v2
In case if we plan to make it on v3 then we will keep the community updated well in advance.

 

Q3. I see there is many big investors such as Ripple, AAVE,… Do you get additional support from them, or only receiving the fund?

Guruprasad – First of all, I would like to correct here that AAVE or RIPPLE are not our investors but Managing Director of RIPPLE is our investor and Head of Institutional Business is our investor.

Going forward we are building many DeFi related products where our angel investor will help us to make products with AAVE and we have similar thing in mind when it comes to Ripple’s Managing director also.

 

Q4. I guess both questions are FOMO related as the other is. If we pay USDT there seems to be an authorisation requirement on your side (as mentioned in the video). Is the transaction guaranteed or is there a risk that ETH buyers can claim those tokens during that period?

Guruprasad – Hmm, I think there is some confusion as paying with ETH or USDT is the same. There is no such thing that ETH will give them edge over paying in USDT.

 

Q5. Currently the Crypto market is experiencing a very sharp downward trend, will Bcubeai be able to maintain the market price so it doesn’t collapse? What schemes do you use to maintain it?

Guruprasad – Good question. Actually downtrend is very good for BCUBE as we can show the technological advances during these times in the performance of our new bots that will hit the market very soon. This will be accessible only for those who have BCUBE Tokens. Our business model is simple – Buy a minimum of $1000 worth of BCUBE tokens and stake it on our platform to get bots for free. Staking of tokens to get bots for free will get active in two months and after that we will see the prices of tokens skyrocketing so I do not see any threat from the market downtrend, even if the price of the coin dips then that is only temporary.

 

Telegram Questions

Q1. How do you guarantee us the safety of our funds and data, many project despite promising utmost security, still get hacked and rugpull, how will you prevent such?

Guruprasad – First of all, I was myself a victim of scam which motivated me to start B-CUBE.AI so I know the importance of your question.

We are among the 17 hottest startup according to Forbes Magazine

https://forbes.hu/extra/a-legforrobb-magyar-startupok-2021/?&ceg=b-cube

We are not those rug pull types but Unicorn type

We have a product ready and revenues. So you are safe with $BCUBE.

 

Q2. Any details on where we can buy tokens and possible listings in future?

Guruprasad – We might list on a CEX by end of this year. It will be a top 10 exchange for sure if that happens.

 

Q3. How long has your project being in existence and what are the challenges you have faced since then?

Guruprasad – R&D was started in 2018 April, product was tested in 2019 October and was available to public in 2020 March.

Challenges were getting the right algorithms because this whole work os R&D and everything takes time, sometimes we get great success and sometimes we have to struggle.

Read whitepaper as all the details are inside (https://ico.b-cube.ai/landing/files/b-cube-white-paper.pdf)

 

Q4. The NFT is ideal to provide you with copyright and differences to each product, but after you buy the product, how useful will the NFT really be? just leave it in my wallet?

Guruprasad – We are not a NFT project but looks like you are bot but that’s ok 😄

 

Q5. Without an working products any idea has zero value. We see many projects are on paper only and no product. So, kindly ensure us that your project is just not an idea and it’s already has an working products or practical use cases?

Guruprasad – We already have working product and $30k+ monthly revenues.

 

Q6. Currently, Where can I buy your token? Is it listed any CEX or DEX?

Guruprasad – Uniswap on 30th May 2021 at 15:30 CEST

 

Q7. At this moment, which one the most Necessary for your project:

1. Investors
2. Community
3. Market/Exchange

Guruprasad – Community.

 

Q8. Are your team planning to launch an LP reward program in the future, which will also be followed by the bug bounty program?

Guruprasad – Yes, we will be offering LP rewards of 20-30% APR for staking.

 

Q9. Do you have or plan to have a partnership or to attract investment from the HEDGE FUNDS & INSTITUTIONAL INVESTORS ?

Guruprasad – We have many contacts but we will serve the common man now and make them rich before getting on to institutional side of the business.

 

Q10. I would appreciate it if you could share the next updates with us. What is the most ambitious goal of the project? What should the community look for?

Guruprasad – To make all our clients as wealthy as possible both in terms of bots earning them money and also the tokens rising in prices.

 

Q11. Do you agree with everyone that community is everything? How important is the community to you? How can we cooperate and help you to develop a project

Guruprasad – No community = no project

 

Thank you Guruprasad Venkatesha (CO-FOUNDER & CEO) and Community for participating in the AMA. Have a nice day.

CryptoNationIN X Knit Finance AMA
AMA, AMA recap
, , ,
April 22, 2021
65

CRYPTONATIONIN X KNIT FINANCE AMA RECAP

Dear Community,

Thanks to all for participating in our AMA with Knit Finance. 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!

Manpreet – Hello Sainath, we’re glad to have you today for the AMA

How is it going?

Sainath – Its going great

Love to be part of your community

Manpreet – Good to hear that from you ☺️

Shall we proceed with the session?

Sainath – would be lovely

Manpreet – Let’s start with the intro

Please introduce yourself to the community

Sainath – Hello guys, I am Sainath Gupta, CEO of Knit Finance. I made India’s first mobile point of sale that is Aasaanpay in 2011. I have been a successful fintech entrepreneur since then. I come with a rich decade plus of innovative fintech execution experience.

Manpreet – That’s impressive

Now, please introduce the community about the Knit Finance

Sainath – Knit Finance is a multi-chain wrapper DeFi protocol which bridges the gap between DeFi and non-ERC20 tokens. We observed the problem when we tried to see if there is a way to use non-erc20 tokens in DeFi, Sadly found no viable options, Some solutions/ projects are coming up but there are still many issues which we wanted to address. Hence we started with Knit Finance. Initial launch plan is in the Polkadot, Binance Smart Chain, Matic and Ethereum.

Manpreet – Knit Finance solving problems 😎

Sainath – Yes huge problems.

Manpreet – Before we proceed for the next round let me ask you some questions regarding Knit Finance.

Q1. Why did you chose Knit Finance as the project’s name?

Sainath – We worked on this for nearly 8 months hence the feedback and love from the community helps us keep inspired and this is the reason we chose this name for our project.

Essentially we connect various chains in DeFi for a coherent availability of liquidity and cross chain functions.

Manpreet – That’s thrilling like the project.

Q2. Who are Knit Finance competitors and what are your USPs over them?

Sainath – We support multiple chains and Wrapped tokens that are insured, 1:1 collateralised and 100% verifiable. While some projects are providing single tokens for multiple coins which we think might create confusion to users while maintaining the portfolio and converting tokens to its original form.

Above that
Our vision is to enable DeFi on multiple chains, our execution is matching our vision thanks to a great team
Some USPs can be:

1) Multi Chain availability
2) Multiple assets of Crypto support
3) Multiple classes of assets support

Love from all the community is also our huge plus point

Manpreet – That’s called a well-planned project 🥇

Sainath – Thanks, its niche

Manpreet – 

Q3. We would also love to know about the Knit Wrapped assets. Could you please throw some light on them?

Sainath – Our wrapped assets are 1:1 collateralised, real world insured and 100% verifiable and mainly consist of altcoins who are partnering with us, some physical entities like gold, silver bonds etc and in near future stocks like Tesla, apple etc. We have a variety of options available and it will be made available for public use one by one. Stay tuned to our Announcement channel for getting regular updates https://t.me/knitfinanceann

As these are real world insured and enables non eth coins to participate in DeFi
this will enable many billions to be pumped into DeFi world

Manpreet – That’s distinctive I think. Isn’t it?

Sainath – Yes

 

Twitter Questions

Q1. What are the main targets, partnerships that trying to achieve in the near future? And do you already have collaborative connections with strategic partners in the crypto world?

Sainath – Few notable ones ::

Knit & Elrond collaboration will enable eGold & Elrond assets to be tokenized and issued on other blockchains,& vice versa. As a result, DeFi products on the Elrond mainnet will be able to include tokenized assets originating on other chains or outside of the blockchain space completely.

We have recently announced our partnerships with PlotX , Paid Network and with Dragonchain. You can read in detail about it here : t.ly/WunG for the former, followed by the one in between http://t.ly/vGK5 & http://t.ly/9lZa for the latter.

Also Here are some of the other Partnerships:
OroPocket partnership will enable offerings of OpenDeFi on multiple chains with KnitFinance multi chain solutions. This partnership will enable deeper penetration of OpenDeFi in binance smart chain and polkadot ecosystem soon and multiple chains later supported by Knit Finance later builds.

Elrond , oroPocketx tidal are few of them.
Some of the upcoming projects which are already in the pipeline:
10 + already signed
12 + in pipeline

 

Q2. The goal of the DeFi app is to create a new financial system that eliminates subjectivity, bias, and inefficiency by relying on programmable terms. Does the Knit Finance network support this vision and how does it participate in the DEFI space?

Sainath – Well said. Knit Finance is a multi-chain wrapper DeFi protocol which bridges the gap between DeFi and non-ERC20 tokens.
Our solution helps liquidity move between multiple chains in addition to increasing liquidity hence fits in the need as described by you.

 

Q3. Could you please provide some progress on your Roadmap and what results KNIT has achieved so far? And any sneak peek into 2021 plans for KNIT?

Sainath – We have made good progress so far like
Alpha launch : Dec 2020 success
Beta launch : Jan 2021 success
Main net launch : On time
Our future plans:
Launch full-fledged products on Binance Smart Chain and Polkadot First, bringing in billion dollars unlock in near future & helping multi chains support and interoperability is what we are looking at.
For more information join our channel: https://t.me/knitfinanceann

 

Quiz Questions

Q1. Who is the CEO of Knit finance?

Cosmo – Sainath Gupta

 

Q2. Name 3 recent partnerships of Knit Finance.

Rosana – PlotX , Paid Network and with Dragonchain.

 

Q3. What is token ticker of Knit Finance?

LittleSoul – KFT

 

Telegram Questions

Q1. What are your key features that you are very proud of and feel very confident about that makes you ahead over any project out there?

Sainath – Unique solution, great and experienced team and community love.

 

Q2. DeFi is one of the hottest topics in the blockchain field. Can you share your opinion about DeFi with us? Do you think DeFi will destroy the existing financial system? What is your project Approach towards DeFi?

Sainath – There is no destruction. Only evolution happens when ever a new solutions comes in.

 

Q3. Security is an important issue with all projects, can you share how Knit Finance keeps users’ funds safe when using your products?

Sainath – Assets with us are with certified and insured custodians.

 

Q4. What is the purpose of creating a standard for non-ERC-20 coins to convert to synthetic ERC-20 tokens? How is this a solution that may help KNIT Finance to revolutionize the crypto space?

Sainath – By this technique, Assets which aren’t compatible with each other can also work together and make it big.

 

Q5. Could you please provide some info about your Roadmap and how Knit Finance is progressing so far?

Sainath – Alpha launch : Dec 2020 success
Beta launch : Jan 2021 success
Main net launch : On time
Our future plans:
Launch full-fledged products on Binance Smart Chain and Polkadot First, bringing in billion dollars unlock in near future & helping multi chains support and interoperability is what we are looking at.
For more information join our channel: https://t.me/knitfinanceann

 

Q6. Knit Finance last Sticker Competition was held in March, is it in your plans to hold any more events like that in the future? Have you considered holding competitions that involve the adoption of digital art content creators around the world? Would you mind telling me who is in charge of developing Knit Finance’s artwork?

Sainath – Not sticker but other things yes.

 

Q7. Are you working to promote this project? What are your moves to increase the price after listing?

Sainath – Many things are planned
stay tuned

 

Q8. Every projects uses different ways in promoting their project, do you have plans using ambassador program to promote your project globally?

Sainath – We already have a great team
but still looking for bright and loyal ambassadors from community
if interested please do join our community and request for the same

 

Thank you Sainath Gupta (CEO) and Community for participating in the AMA. Have a nice day.

Trace Network
AMA, AMA recap
, , ,
April 9, 2021
56

CRYPTONATIONIN X TRACE NETWORK AMA RECAP

Dear Community,

Thanks to all for participating in our AMA with Trace Network. 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!

Manpreet – Hello Lokesh Rao, CryptoNationIN Welcomes you 🎉

Lokesh Rao – Hey Hi to all, thanks for having me here.

Manpreet – We’re glad to have you for the AMA today 😊

Lokesh Rao – Likewise 🙂

Manpreet – Let’s start!!!

Lokesh Rao – Sure

Manpreet – Please introduce yourself to the community.

Lokesh Rao – I have been working for over 12 years in enterprise technology space helping companies acquire and implement technology across more than 20+ countries. I have been actively building solutions for enterprises using DLT and Blockchain technology since 2017. Have worked with various global brands and fortune 500 companies in the past in luxury, lifestyle and fashion domain.

Manpreet – It looks like you’re well versed 👌.

Now, please give a brief introduction about Trace Network to the community.

Lokesh Rao – Sure

Trace Network is an enterprise-grade NFT based decentralized finance protocol harnessing the capabilities of composable smart contracts to enable permission-less financing options powered by DeFi, and NFT based unique merchandise identification & community building solutions to unlock the billions of dollars’ worth of business potential otherwise undermined due to poor merchandise inventory & ownership management, costlier trade financing & banking options, and perennial inefficiencies in par Diem business transactions.

Manpreet – Unique ✨

Thanks for introducing in such a simple & crisp way.

 

Twitter Questions

Q1. What kind of problem did you saw in the market? How would you able to solve those problems?

Lokesh Rao – There are 3 major problems we are trying to solve here with Trace Network.

First one is the challenge faced by brands of Counterfeit products and incomplete visibility of stock in distribution network. This is being solved with minting of NFTs of these products, using which one can track the movement of products from one address to another.

Secondly, these businesses are still struggling with department based data silos and interconnected data. This data is required to be exchanged between different trading partners of ecosystem. Trace Network, with its decentralized EDI service would remove the cost of duplicate data entry, and will also bring more transparency and efficiency to the whole process.

The third major problem is the process to access the funds from the financial institutions like banks. The process is very cumbersome, expensive and slow process. The data which businesses would be exchanging with the supplier or other partners of their ecosystem on chain via trace network would act as proof of business, which will open financing options for businesses, where they can either take early payment or loan against their invoices or seek working capital financing from the protocol.

 

Q2. What plans are in place for global expansion, are you focusing on only one market at this time?
Or
Focus on building and developing or getting customers and users, or partnerships? Can you explain this?

Lokesh Rao – We are connecting with a diverse business segment who would be using different solutions of Trace Network. Be it Beer companies minting NFTs for their product or be it Luxury brands from west using Trace EDI services to connect with their supplier on east side of world. Apart from this, we are partnering with Web2.0 companies to extend their offering to existing customer base powered by Trace Network.

 

Q3. How do plan to spread awareness about your project in different countries where English is not spoken well? Do you have local communities for them to let them better understand about your project?

Lokesh Rao – We are working with our able advisors to enable reach into various different geographies and building solid regional communities.

 

Q4. How your project (Trace Network) is different from other NFT projects?

Lokesh Rao – The key differentiator is that NFTs of trace network for brands are digital ownership transfer of goods, linked to this brands will be able to offer various value added services to their customers like warranty, better incentives for upgrades. Rewards for loyal users etc. Many more use cases, which actually these businesses will discover more than us as we go along the journey with them as a technology protocol built with a vision to redefine the consumer connect for brands with the help of NFTs, DLT and Defi.

 

Q5. What should we expect from you in the next few months and even in the rest of 2021, And what has been the highest accomplishment you have achieved so far from the start?

Lokesh Rao – Trace team definitely looks at bringing some interesting merchandises and offers via NFTs from global brands to it’s users within 2021.

And as mentioned above, along side of our existing relationship with various global brands, we are partnering with Web 2.0 companies who want to upgrade their technology stack and offerings for their existing customer base. We have already partnered with couple of Web2.0 companies and we are going LIVE with one of them in 4-6 weeks.

 

Telegram Questions

Q1. As I know a strong community is very important for every project. Do you plan to be a local or global project? What strategy will be used to expand the community?

Lokesh Rao – We are a global project and we are extending our reach to multiple geographies with the help of our advisors and strategic partner.

 

Q2. Presently as at today, can we possibly use your token in real life for payment? any plan for increase use cause for the token?

Lokesh Rao – Essentially, trace token is going to be acting as a key governance attribute to be used by token holders for voting and enabling various protocol parameters especially in the enterprise defi segment. Further, trace token will be used as fuel for minting NFTs for the millions of merchandise every year.

White Label Algorithmic stable coins are going to be key for cross network settlement, trace token will be used as a benchmark for managing the volatility of stable coins being minted.

Plus, token will be used for various community incentivization programs and other market outreach programs.

 

Q3. Would you agree with EVERYONE that community is everything? How important is the community to you? How can we collaborate or help you to develop the project?

Lokesh Rao – We are a firm believer that communities are integral part of any consumer facing business. And that’s why , we have planned various community programs which will be launched soon. Stay tuned!

 

Q4. What would you consider as the main challenges for attempting to enter Decentralized Finance space? What are main advantages of DeFi over Traditional Finance that you Know?

Lokesh Rao – The biggest challenge I can see today is the availability of funds within the entire Defi ecosystem. With my experience of enterprise industry, businesses need to borrow hundreds of billion dollars of funds from the existing financial institutions like banks, factoring agents etc. every year, which is right now not available in total within the DEFI ecosystem. Main advantages of DEFI over traditional banking are Easy, Fast and less cost on the loans.

 

Thank you Lokesh Rao (Co-Founder & CEO) and Community for participating in the AMA. Have a nice day.

CRYPTONATIONIN X ALIEN WORLDS AMA RECAP
AMA, AMA recap
, , ,
April 1, 2021
58

CRYPTONATIONIN X ALIEN WORLDS AMA RECAP

Dear Community,

Thanks to all for participating in our AMA with Alien Worlds. 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!

Manpreet – Hello @mortyAW Welcome to CryptoNationIN 🎉. We’re glad to have you for the AMA today 🤗. How you doing today?

Morty – I am doing very good, how is everyone doing today?

Manpreet – I hope they’re doing well because of this AMA session.

Morty – Very excited to be here.

Manpreet – That’s good. Please introduce yourself to the community.

Morty – My name is Pramod. I go by the name Morty in many crypto groups on discord and telegram.
I am a game designer by profession and a graphic artist.
I’ve been a part of the Alien Worlds team right from it’s inception.

My past experiences have been in designing rules, levels and economies for mobile and pc games. My contributions to the game has been mainly in the area of design, creating NFT art and managing a team of external developers to ensure product delivery on time.
I am very excited to be here to share Alien Worlds project with Crypto Nation Community.

Manpreet – It’s fascinating @mortyAW 👌

Morty – Thanks 😊

Manpreet – Now, please give a brief introduction about the Alien Worlds to the community.

PS: They’re excited to know about it 👀

Morty – Sure, thing.

Alien Worlds is an NFT defi metaverse where NFT collectibles have utility in-game and are fully user-owned and uses both WAX and Ethereum blockchain.

Another way to look at Alien Worlds is that it is a futuristic simulation of a virtual world where mankind was forced to leave earth due to factors like pandemics, climate change etc and they then went to set up new worlds outside earth where everything is tokenised in the form of NFTs. From land plots, to tools and weapons to everything else there is. The Alien Worlds metaverse has it’s own metaversial currency called TLM (fungible erc-20 token) which can be mined using tools which is then used to participate in various activities the metaverse has to offer

Alien Worlds features 6 planets DAOs into space where they compete for control of TLM. Landowners in Alien Worlds compete or come in allegiance with other land owners to make their land most attractive to miners who mine TLM and NFTs. Miners continuously keep discovering new mining strategies to optimize their mining efforts.

I hope to see you guys joining our telegram after this ama and jumping into the game to mine some precious TLM😅

By the way before we proceed further I have an important announcement to make.

Anyone joining our telegram with the hashtag #helloAlienWorlds and #CNC will enter a lucky draw to win an Alien Worlds promo pack.

Join here
https://t.me/AlienWorldsOffical

Manpreet – Woah! Alien Worlds is cutting-edge.

Morty – Indeed. A lot more to explore throughout this AMA.

Manpreet – So, @mortyAW
Are you ready to answer the amazing twitter questions?

Morty – Let’s go!

I hope I am prepared, you guys had some really great questions. Love the enthusiasm of this community ❤️

 

Twitter Questions

Q1. I think it is an excellent approach for your game, however I would like to know, how deep is the integration of the blockchain in your game? Does it only work for NFT trading or does the entire metaverse in general work via blockchain?

Morty – Everything about Alien Worlds is on the blockchain. Every action done on the UI is recorded on chain, from mining to switching items, picking a land to mine to setting up commission. We use WAX blockchain as layer 2 and our token is live on ETH and we just launched a test token contract on BSC also.

Here you can take a look at some of our core contracts on Wax blockchain
Mining contract – https://wax.bloks.io/account/m.federation
Planets, lands, players registration – https://wax.bloks.io/account/federation

NFT trading is solely on WAX blockchain at the moment. You can trade Alien World NFTs on various secondary market like atomicassets.io, https://waxstash.com/, https://www.nfthive.io/ etc.

 

Q2. During the 2020 I got scammed a few times, rugs, exit scams etc. – how can we investors be sure that this will not be similar, are your contracts public & somewhere to be seen?

Morty – We get this question a lot and it is a very valid question. I’ve been scammed and rugged many times in the last 2 years. More in 2020, lol trying to grab those low cap uniswap gems.
Our team is very public, our investor information is public. We raised $2M in private sale from notable investors like Animoca Brands, LongLing Capital, creators of China’s Meitu app, One Block, Hillrise Capital, Moonwhale Ventures, Momentum 6, LD Capital and X21 Digital

These are some of the big players in this space. They wouldn’t invest in a project or a team that was out there to scam or pull a rug.

With respect to the contracts all our contracts a public and audited. I shared a couple of our core contracts for question no 1

Here’s a quick medium post where we announced the $2M funding
https://alienworlds.medium.com/alien-worlds-raises-over-2m-to-bring-nfts-to-life-e9b2c18b83b0

 

Q3. What exactly are ” Landowner-offered NFTs”? How do these non-fungible tokens work and what role do they play in the Alien Worlds platform? How will both landowners and miners benefit from them?

Morty – Alien Worlds Land owners receive passive income in the form of mining commission. Miners are free to choose on what lands they want to mine on. Land owners do their best to attract more miners to mine on their lands by charging competitive commission rates. Some land owners have slashed their commission rates to as low as 2%, the default is set to 20%.

We are building tools for every Landowner to offer their own NFTs to the miners to attract more miners to their lands.

More technical details about the land owner NFTs can be found in our technical blue print
https://docs.google.com/document/d/1JiA97Y3JZMcC6HG2VPXEiZDd7UtA5yJSRUY2DQ5VSRI/edit#heading=h.qdrt8rnbmesu

Landowner benefit from having more people mining on their lands meaning more passive income and miners get additional NFTs which they can collect or sell in the secondary market.

 

Q4. Your game is similar to Bitcoin mining. but we do it manually by pressing a button in the game. I want to ask if you can use a multi-account for TLM mining? can I use a third program to automatically press “MINE”?

Morty – Well, if you have more than one person using your device and computer you can have more than 1 person playing the game. There is no way for us to track whether the same accounts belongs to one person unless we see a lot of accounts sending their mined TLM to 1 sinkhole account. You must not use a bot to mine TLM, a lot of users are doing this and we blacklist them.

If you see anyone in our community complaining about them receiving very low tlm like 0.0002 tlm, that means those guys are blacklisted because they were using bots.

We have a very strong bot detection system in place which is a self learning system that discovering patters and easily identifies people botting

There may have been a couple of instances where the bot may have wrongly flagged some accounts but we are considerate enough to unflag them after we see it was a mistake.

Remember there are a lot of other players mining and it is unfair to use bots to get an advantage in the game. You wouldn’t like it if someone stole the pot from you.

 

Q5. How are the TLM and NFT planets replenished and how often? Is this number the same for all planets and is always the same or does it depend on something and is different every time?

Morty – So, The Federation – the entity that control the Trilium distribution distributes 0.0025% tlm daily to planets. There is a locked box of 5B TLM which is meant for gaming and mining activity which gets allocated to the planets in the Alien Worlds metaverse in the accordance to the TLM staked to the planet.
The number in % is the same i.e. 0.0025% daily of the remaining TLM in the locked box.

The amounts received by planets may vary depending on the amount of TLM staked to the planets.

 

Telegram Questions

Q1. Community is a key element for any project if you want to be successful, how can you ensure that the community is shared in governance? Do we need to place bets to get votes or do we need to run nodes?

Morty – For every project community is a very important part of their growth and same goes for us. We have started a public trello board for the community to give us suggestions and improvement that will help us build a game that our community would like to play.
We also have a Galactic Hub fund which has 1bn tokens to support galactic hub communities and content creators. If you’d like to collaborate the best place to do so will be to start a discussion in our Galactic Hub Ideation channel on our discord at discord.io/alienworlds.

 

Q2. Who makes the decision to block user funds? What can lead to the blocking of user funds?

Morty – There is no blocking of funds. We don’t block user funds. There maybe have been instances where you accounts may have been blacklisted for using bots. You can always start with a new account and be fair after that.

 

Q3. I’m a developer, and I’m interested in contributing to your project alongsides earning, Do you have any Bug Bounty to check for vulnerabilities ?

Morty – We have Galactic Hub fund which is exactly for people like you who can add value to the project. Join our discord community at discord.io/alienworlds and jump into the Galactic hub Ideation channel to discuss your ideas.

 

Q4. Are there any plans to bring governance or staking options to the your $ token in the next 6 months? Year?

Morty – We have already started the candidate registration process. You can register as custodian candidate on https://council.alienworlds.io/
You will need a minimum of 5k TLM staked to a planet you want to run as a custodian candidate for.

We raised $2 M in the private sale round through some of the big players in the crypto defi and NFT space.
You can learn more about our investors and partners here.

https://alienworlds.medium.com/alien-worlds-raises-over-2m-to-bring-nfts-to-life-e9b2c18b83b0

 

Q5. What companies are you partnered with or seeking to partner with in future?

Morty – Here’s a quick list of our partners from our website

 

Alien Worlds Partners

 

 

Thank you Morty (Core team member) and Community for participating in the AMA. Have a nice day.

Optimized-CryptoNationIN X Jigstack AMA
AMA, AMA recap
, , ,
March 17, 2021
71

CRYPTONATIONIN X JIGSTACK AMA RECAP

Dear Community,

Thanks to all for participating in our Jigstack AMA. 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!

Manpreet – Hello @RobyGu, CryptoNationIN welcomes you 🤗

Robert Weir – Hey @manpreetCN great to be here 🙂

Manpreet – We’re pleased to have you for the AMA today 😊

Robert Weir – Great! look forward to your questions

Manpreet – First, please introduce yourself to the community.

Robert Weir – Sure. I am Roby Weir the COO of Jigstack. My background over the last 10 years has been developing start-ups in the digital space from the ground up. These have either been companies I have owned or projects I have invested in or consulted for. The E-commerce space is where I have spent most of my time however, I have had a growing interest in blockchain over the last few years and was excited when this opportunity came to me.

Manpreet – That means we can call you the helping hand for startups. Am I right?

Robert Weir – Yea I love the start up space and the energy and speed. Never a boring day or moment let me tell you haha.

Manpreet – That’s nice. Now, please give a brief introduction about Jigstack to the community.

Robert Weir – Sure thing. Jigstack is the first decentralized Ethereum-based DAO (autonomous organization) with a conglomerate structure. Its purpose is to govern a range of high-quality, user-friendly and ultra secure DeFi products. We see ourselves as wanting to be the Microsoft of Defi which brings a standard of both user experience and security that is bespoke and trustworthy.

Manpreet – Jigstack will soon be the Microsoft of DeFi.
All the best from CryptoNationIN

Robert Weir – Gotta aim high 😉

Manpreet – Thanks for introducing yourself & Jigstack in such a nice way 👍

 

Twitter Questions

Q1. Jigstack aims to become a decentralized financial Microsoft by giving everyone equal access opportunities to DeFi. Does it have to be their technical expertise or experience with cryptocurrencies to contribute?

Robert Weir – Great question, and yes we have a solid team which brings experience from both the crypto market as well as more traditional digital markets such as, Fintech, Apps & E-commerce. Jigstack also only works with reputable third parties in assisting our team, and all our products will be heavily tested and audited before we introduce our products publicly.

 

Q2. Could you tell us about your partnership with Polygon? What will be the greatest benefits that this collaboration will bring to you? And what benefits will the users of your platform get from it?

Robert Weir – Polygon will be working with us to find a solution for our products in regards to the ever daunting gas prices currently facing projects built on ETH. We will be announcing all our developments with them publicly and keeping all our community members and token holders aware of the progress.

 

Q3. In the ecosystem of JigStack, the only source of governance is through the holders of the STAK token. Considering that, what are the features that can guarantee democracy and transparency in the decisions taken by holders?

Robert Weir – Stak holders will become key to all decisions in the near future on anything from product development, team members and even marketing plans. This is why a DAO governance model is so great. We will have more to announce soon about how this will plays out and when these voting rights will applied and how to use your votes to point Jigstack brand and products into a better decentralised future. Also we will be creating the right balance between time staked vs amount staked to ensure it is never taken over by a few larger holders.

 

Q4. What is specific about jigstack’s technology and products that you believe will succeed? How revenue does jigstack generate and what plans do you have to attract more users in the near future?

Robert Weir – We believe by bringing the standard and quality to a new level that sit underneath the Jigstack Brand. Revenue will be a 1% fee on any transaction made on any of our platforms, which 20% of the revenue will go to our buy and burn program. The remaining 80% will be distributed to our Token holders.

 

Q5. Can you tell us more about Jigstack lemonade stand concept and why you think solutions such as Lemonade will play an increasing role of importance in the space?

Robert Weir – Lemonade will be the cheapest and most decentralised launch pad to be put out in the market. We want to ensure our platform is very easy to use both as a company launching a project as well as the user wanting to purchase tokens. We also will be rolling out features such as whitelisting and timers/schedules to make sure all investors have options. Our recent purchase of ICO rating will fit into our plans to become the go to place to launch and purchase from new projects/companies.

 

Telegram Questions

Q1. Can you tell us some of the latest achievements made by the Your project & can you describe in details the current development efforts, such as market expansion plans, expected applications & new upcoming program of events?

Robert Weir – Surething. Well, we are weeks away from launching our MVP of our first product Lemonade (official date announced soon) which will also be the platform where we will be doing our public sale. This shows we really believe in our products by using the product to launch our own token for Jigstack. In terms of other milestones, the acquisition of ICO rating was a huge win for us and will make Lemonade an even more powerful tool to expose new exciting projects wanting to launch while still keep its solid review system to make sure people are well aware of the interest in the project from others. In the coming months, we have an additional 4 products to launch including our wallet and our staking platform Stakbank. Stay Tuned!

 

Q2. How do you attract investors to be interested in Your project ? because some investors only focus on short-term prices rather than long term?

Robert Weir – Yes by being transparent and delivering real products that are viable in the current Defi environment. Execution is key and one business pillar are am always talking about. We must execute what we are saying. SUPER SUPER important.

 

Q3. How many kind of documentation will they need to provide? Will it really be possible to crowdfund from any country when the platform goes live? Or will there still be some restrictions When a creator wants to start a project?

Robert Weir – We have a video about our Lemonade Platform coming out this week. You will see it in action and get an understanding on who and where this can be used.

 

Q4. The hot new term in crypto is “YIELD FARMING”. Why did this get so hot right now? Do you have a plan to develop the Yield Farming system?

Robert Weir – Of course!!! We are looking at all things going on in the Crypto world and also the commercial world too. If we believe we can improve the current products out there we will develop. We won’t build just for the sake of it is “hot right now” needs to make sense long term.

 

Q5. Southeast Asia is a very vibrant market and many project developed here so with Your project what do you think about Southeast Asia and do you have any plan to develop here?

Robert Weir – Funny you say this. I am based out of SEA so I see the demand growing and yes we do have plans to develop in this region.

 

Q6. For project development, the main priority is to have sufficient funds. Is your team financially able to carry out this project? Do you have sufficient funds for development? And how we can get benefits from your project?

Robert Weir – Yes we do. And yes we can. By becoming a Stak holder 😉

 

Q7. Lots of projects have appeared and issued their own tokens or coins, but many projects failed to disappear (SCAM) because they could not develop their tokens or coins, how did your project achieve success and tell us that your project is not a SCAM project?

Robert Weir – Because we build first and hype second. We would love to show you how far we have gotten with all our products but we will only announce when we know it is ready. Hype is great but this is where people get tricked.Yes our wallet will be launching within 2 months. We some very unique features. Medium articles will be out soon about our wallet,

 

Q8. In which regions of the world is your project succeeding? I know of Africa, can you tell us how has your experience been in those countries?

Robert Weir – We will be as global as possible.

 

Q9. Many new projects made a good impression at first but were suddenly abandoned. How will you manage Your project to gain a place in the market and become a best token in the blockchain world?

Robert Weir – By delivering products that are viable and used. Everything we do from brainstorming to development to marketing has a user first mentality. It needs to be viable or else we will not launch it.

 

Q10. How do you plan to spread your understanding of the project in different countries where spoken English is not good like me?

Robert Weir – We will be growing our team to have more language to support more adoption. Public Launch, 6 Products to Market , Fully DAO governance.

 

Q11. I’m a developer, and I’m interested in contributing to your project alongsides earning, Do you have any Bug Bounty to check for vulnerabilities?

Robert Weir – Yes we will. Our dev team will be putting a ANN out soon on how to join these exercises.

 

Q12. Trust and security is very important in any business , what makes investors , customer and users safe secure when working with your project?

Robert Weir – Knowing that all our products will be audited and tested by trusted third parties. By having a forward facing team who is held accountable to what we develop. These are what we promise.

 

Q13. 2020 covid-19 happened all over the world does it affect your project and development, will your team have a new direction for 2021 while covid-19 is still there?

Robert Weir – No it doesn’t as we all work remote and have great flexibility.

 

Q14. Many projects rug pulled and exit scam recently. Why should investors trust your project not to do the same?

Robert Weir – Because we have a forward facing team, we audit our products and we are very transparent and try keep our community updated with everything as soon as possible.

 

Q15. Many Project talks only about their Strengths, Can You talk about the weak point that You project is Currently Dealing With?

Robert Weir – Good question. I think speed is a factor but we are not at a point where we are over worked and bandwidth all used up. We are working on building our team out further so we can keep momentum going.

 

Q16. So, do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?

Robert Weir – Yes we will have a buy back and burn program.

 

Thank you  Robert Weir (COO) and Community for participating in the AMA. Have a nice day.