Recapitulation of BSCLAUNCH PROJECT AMA event held at AMA LOVERS CLUB.
Venue: https://t.me/amaloversclub
Date: Saturday, 29th May, 2021
Time: 11:00 AM UTC
The BSCLAUNCH PROJECT team was represented by @Helen_BCSLaunch who judiciously shared with us detailed knowledge and information about BSCLAUNCH PROJECT.
1st Segment: INTRODUCTION
Q1: Can you please introduce yourself and your background, also introduce the team working on Bsclaunch?
ANS: My name is Helen. Currently I'm living in Singapore, and I have 4 years of experience in the blockchain industry. I started working with BSCLaunch project at the end of 2020 as the Head of Marketing
Our core team at BSClaunch has experience in investing many projects, not only in the cryptocurrency market. our advisors, vcs, and strategic partners are also giants in this industry. therefore, surely we can bring the best investment opportunities to the investors.
Q2: Can you introduce Bsclaunch, what critical problems does it solve that existing solutions are not solving and what's the competitive advantage?
ANS: BCSLaunch is a Service Protocol (Protocol) built on the Binance Smart Chain (BSC) platform, which includes applications targeting new and potential blockchain projects. Equally and transparently, capital and BSCLaunch also provide outstanding features to optimize the user experience and give investors a new perspective on projects launched on the platform by BSCLaunch. BSCLaunch builds products on the existing Binance Smart Chain platform. Users can use the products that BSCLaunch offers.
To sum up, the BSCLaunch protocol is a platform that provides solutions to the core problems facing the market community to create close relationships between investors and developers. A project with a single purpose is WIN-WIN to promote a new potential market and achieve greater goals.
BSCLaunch offers users, developers, investors:
B — LAUNCH: B-Launch was created with the desire to bring the community the best quality, safest, transparent and most potential projects. BSCLaunch will allow the project to IDO on the B-Launch platform to be accessible to users easily.
B — INSURE: Locking part of the capital raised by projects in the liquidity pool to increase the liquitidy while protecting the investors.
B — TOOL: B-Tool is an advanced AI system focusing on tracking addresses’ activities and predicting the behaviors of groups of investors. Analyzing and providing IDO participant demographic. No spammers, no bots, no clones. Fairness is guaranteed.
B — FARM: B-Farm is a profit optimization tool that allows profit aggregation for token holders and users. With automated profit generation and compounding elements, users do not need to reinvest their wagering rewards manually.
B — SWAP: B-Swap is an automatic market-making decentralized exchange that a marketplace based on the pooling concept. B-Swap attempts to provide trading pairs from IDO and popular in the market.
B — NFT: B-NFT offers solutions to create NFT to stimulate demand and meet this need.
Q3: Can you briefly describe the top milestones you have achieved and your target milestones with timelines, also share your roadmap?
ANS: BSClaunch is super excited to announce the successful closure of $BSL strategic funding round with a total of 800,000 USD, almost 10x oversubscribed!
Backers are NGC Capital, AU21 Capital, X21 Digital, Exnetwork Capital, Magnus Capital, Blocksync Ventures, CSP DAO Network, Titans Ventures, GD10 Ventures, Sky Ventures, Dutch Crypto Investors, Petrock Capital, Moon Inc, Dorahacks, BSC News, Coinsight Ventures, BTA Ventures, Avstar Capital, Infinity Gainz, SL2 Capital, ICO Pantera, R8 Capital, Gains Associates, Panda Capital.
B-Launch's IDO on May 26th has received great support from the community. At the time IDO started, the site received more than 167,000 unique visits in the first second. The public sale ended in less than 2 minutes.
Here is our roadmap for the 3 remaining quarters of 2021:
Q2 2021:
Seed sale
Private sale
Public sale
Release B-Swap on-chain
Beta B-Tools
Testnet B-NFTs
Q3 2021:
Release B-Launch
Release B-Insurance
Release B-Farms
Listing top CEX
Q4 2021:
Wallet BSClaunch Mobile app
Release B-Tools
Release B-NFTs
Testnet B-Swap crosschain
Our vision is huge, and we try to break it down into smaller steps. We have our detailed roadmap here: https://docs.bsclaunch.org/about-us/roadmap
Q4: Can you briefly describe your PARTNERSHIPS so far?
ANS: BSClaunch is incubated by Exnetwork Capital and got strong backup in product development from Dorachacks, as well as early support from Titans Ventures, x21 Digital, GD10 Ventures, Moon Inc, Blocksync Ventures, Sky Ventures, Coinsight Ventures, BSC News, NGC Ventures, Au21 Capital, etc.
https://t.me/amaloversclub/174942
More will be revealed soon. Make sure that you guys have followed these BSCLaunch social channels for the latest updates:
- Website: https://bsclaunch.org/
- Twitter: https://twitter.com/BSClaunchorg
- Telegram Official Channel: https://t.me/Bsclaunchchannel
- Telegram Community Chat: https://t.me/Bsclaunchgroup
- Medium: https://bsclaunchofficial.medium.com
Q5: Can you give an overview of your Tokenomics, and the UTILITY of the $Bsclaunch?
ANS: https://t.me/amaloversclub/174946
You can also check out the token allocation in the Docs https://docs.bsclaunch.org/
BSL is the glue connecting features of BSClaunch platform. The token can be used in multiple ways:
- For yield farm and stake rewards
- BSL holders will also get a higher chance to participate in upcoming IDOs
- For advanced functions in B-Tool.
...
Therefore, holding BSL will benefit the holders in both bull and bear markets.
Please follow the Discussion Group and Announcement Channel to see how BSL is used for other features of BSClaunch.
- Telegram Official Channel: https://t.me/Bsclaunchchannel
- Telegram Community Chat: https://t.me/Bsclaunchgroup
2nd Segment: LIVE Questions
Q1: BscLaunch had IDO on the platform few days ago and alot of people had complained because of crash of the website. What have you done to ensure that this doesn't repeat itself in the fixture IDO?
https://twitter.com/IamAY9ja/status/1398585947105775621?s=19
ANS: We have rewarded those who coul not participate in the IDO on our own platform with $BSL token.
Our team continues to work diligently behind the scenes, as we have done in the past. We believe in our long-term vision we have set for Bsclaunch and will continue to build on it. More efforts will be made in future market growth strategies to ensure that the prices develop positively and stably.
We will work together with all partners to implement our market development plans, which include the following.
- Core product development /
We will continue to work towards a full-featured, user-friendly platform. The next generation DEFI platform with an Ecosystem launcher.
- Next IDO plan: We have received interest from strictly appraised, high-quality projects proposed by our by board of trustful and experienced VCs and advisors.
- Increase the Marketing Budget: Our marketing budget will be significantly increased for new market participants and the growth of our community.
It is in our best interest to continue to support the project and remove all FUD. We hope that you will continue to support and promote Bsclaunch in the future. We appreciate your keen support in the coming time.
Q2: There are many swap platforms currently on the market. Do you have solutions that will make it easier for B-Swap to compete with traditional swap platforms? How will you make us change our habits?
https://mobile.twitter.com/lastcall001/status/1398593503903596544
ANS: B-Swap is an automatic market-making decentralized exchange that a marketplace based on the pooling concept.
B-Swap attempts to provide trading pairs from IDO and popular in the market. Swap DEX is an indispensable part of crypto. The best trading pairs will be evaluated and delivered to the market.
Q3: One of the amazing fetures that drew my attention is the B-Insure feature. How exactly is does your B-Insure work, is the insurance from a locked funds or an insurance company?
https://twitter.com/42doggy/status/1398593646665084928?s=21
ANS: One of the risks of investing in IDOs is that after raising capital, project teams do not continue developing the project or following the roadmap, causing a loss of confidence for investors and the market and a decrease in the token price.
Locking part of the capital raised by projects in the liquidity pool to increase the liquitidy while protecting the investors. It is market confidence, reflected in token value, that determines whether the raised funds return to the project or are permanently locked into the liquidity pool.
Q4: How easy or difficult would it be for users to participate in any IDO on BSClaunch? What will be the minimum $BSL tokens that users need to hold to participate in IDOs? And are there any special criteria set for projects planning to launch their IDO on the BSClaunch platform?
https://twitter.com/KurangaHA/status/1398407825160814597?s=19
ANS: On the project side, after being IDO on B-Launch, the project has proven its potential, making it easier to sell IDO and widely recognized in the community. The community can also evaluate the project directly, so it will help the developer improve the project better.
Investors do not need to worry further about buying low-quality project’s IDO, because if a project has been put on the platform by B-Launch, it must be a potential project and bring in price. Investors can safely use B-Launch even without in-depth knowledge of this market and still be able to make a profit.
Q5: How does YIELD farmers earn rewards and have higher chance to be whitelisted in the upcoming projects? I am interested in the Yield farming
https://twitter.com/mikenit90/status/1398606487224827907?s=19
ANS: B-Farm is a profit optimization tool that allows profit aggregation for token holders and users. It has an optimal compounding strategy with an efficient pricing model designed to encourage long-term productivity farming and provide appropriate incentives for long-term holders. Yield farmers also gain better opportunities to join upcoming IDOs.
With automated profit generation and compounding elements, users do not need to reinvest their wagering rewards manually. Instead, they can rely on automatic asset growth by simply depositing money in the financial vault.
BSClaunch holders also don’t need to have extensive knowledge of the underlying protocols that support automation and profit optimization, while depositing money in a vault represents a passive investment strategy. The goal is to increase the initial value of assets deposited by users, similar to how crypto hedge funds work, with minimal user participation.
Follow Us On Our Various Social Media Communities For More Update;
I'm so impressed with the keen support and excitement from the community. Thanks a lot for having me!
Thank you so much for organizing this wonderful AMA session.
Make sure that you guys have followed these BSCLaunch social channels for the latest updates, especially the upcoming IDO on May 26th:
- Website: https://bsclaunch.org/
- Twitter: https://twitter.com/BSClaunchorg
- Telegram Official Channel: https://t.me/Bsclaunchchannel
- Telegram Community Chat: https://t.me/Bsclaunchgroup
- Medium: https://bsclaunchofficial.medium.com
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Twitter: http://twitter.com/amaloversnews
Telegram Group: https://t.me/amaloversclub
Telegram Channel: https://t.me/amaloversclub_channel
Medium: https://amaloversclub.medium.com
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