Recapitulation of SwapsDot AMA event held at AMA LOVERS CLUB
Venue: https://t.me/amaloversclub
Date: Wednesday, 13th January, 2021
Time: 14:00 UTC
The SwapsDot team was represented by @alexisswapsdot and @matildaswapsdot. They judiciously shared with us detailed knowledge and information about the project.
1st Segment: INTRODUCTION
Q1 : Can you please introduce yourself and your background, also introduce the project SwapsDot
Ans : Hi everyone, my name is Alexis and I am the founder of swapsdot. I’ve got a degree in computer science and have been working as a computer engineer for the past few years. Me and my team are avid cryptocurrency investors and we have spent quite some time investing and trying to develop different crypto platforms. Thus, here we are, trying to develop a crypto platform based on polkadot blockchain.
Let me briefly introduce swapsdot to the community
SwapsDot is an polkadot-based platform designed for decentralized crowdsale fund raising and multi-chain token listing pools, allowing blockchain companies to raise capital in a safe and secure manner.
As we know that ethereum transaction prices are sky rocketing right now, we are trying our best to keep the transactions costs low. With SwapsDot , end users could also use the technology to perform cheaper transfer transactions, engages in secure swaps and the ability to buy and move assets between different blockchains.
Q2 : What critical problems does SwapsDot solve that existing solutions are not solving and what’s the competitve advantage
Ans : In order to combat the sky rocketing eth transaction prices currently, we are trying our best to think of ways to keep the transactions costs low. Thus, we decided to adopt the polkadot chain to do so. With swapsdot ultilizing polkadot chain, end users could use the technology to perform cheaper transfer transactions, engages in secure swaps and the ability to buy and move assets between different blockchains.
Q3 : Can you briefly describe the Top milestones you have achieved and your target milestones with timelines
Ans : We’ve been working extremely hard over the last few weeks. From marketing our presale to developing our platform.
In terms of marketing, We have launched our website, www.swapsdot.com and our whitepaper. We have liased marketing deals with several crypto influencers and crypto groups to commence our marketing campaigns right after before the presale and after. We have also built a highly vibrant and active community believing in our product.
In terms of development, we have developed our platform as per roadmap and is in a testing phrase right now.
You could take a look at our github for the latest updates.
We aim to launch the platform within a few weeks after our presale ended.
https://github.com/SDplatform/SwapsDot
This is our roadmap.
The is the platform that we will be launching soon.
2nd Segment: LIVE Questions
Q1 : Ahead of your pre-sale coming up tomorrow, what do I need to know in terms of where to buy SDT, the contract address, minimum purchase and when listing?
Ans : It will be held in bounce.finance, there will only be one round of presale. You will be able to trade them on uniswap once presale ended. We are already in discussions with some of the cex so you could also buy them from some cexs when it is listed on them.
Contract address: 0x12394f4cc0d617Fb13FD91DB952856027bC2BeDA
Price for Presale: 1 ETH = 50 SDT
Price for Listing: 1 ETH = 35 SDT
Min 0.3 ETH, Max 13 ETH
Q2 : What precautions are taken against the risk of malicious bot-based repositories trying to manipulate lists and what is the advantage of using the Multi-Chain Swap base?
Ans : Security measures will be added to prevent users from buying the fake
tokens. Safe measures such as the token information, smart contract
verification and alerts will be set in place to prevent our users from getting
scammed by bad actors in the crypto world.
Multi-Chain Swap allows users to exchange tokens on different blockchains
and created a trusted environment for distributed exchange of resources.
Q3 : Please tell us What is the main utility of the $SDT token in The SwapsDot ecosystem? Which unique features of the token make it attractive for investors to buy or comsider/hold as a long term investment?
Ans : Token holders could use $SDT for liquidity mining and staking purposes. Token holders will also be able to vote on the future progress of platform
including the future features, future token utilities, future token listings and
future governance model to achieve the true decentralization of the platform. That’s the main utility of $SDT
Total Supply: 30000 SDT
Presale: 8000 SDT
Uniswap Liquidity: 7000 SDT
Staking: 11000 SDT
Marketing: 2000 SDT
Team: 2000 SDT
Q4 : I want to ask, for team allocation. Is it fully distributed or is there a lockout period?
Ans : There will be a lockup period of 1 yr for team tokens.
CONCLUSION
Great you can share all link social media and detail for presale Tokens
Ans : SwapDots Presale Countdown!
Presale will be launched at bounce.finance!
SwapsDot is a polkadot-based platform designed for decentralized crowdsale fund raising and multi-chain token listing pools, allowing blockchain companies to raise capital in a safe and secure manner.
With SwapsDot, end users could also use the technology to perform cheaper transfer transactions, engages in secure swaps and the ability to buy and move assets between different blockchains.
Official Project links
Website: https://swapsdot.com/
Whitepaper: https://swapsdot.com/SwapsDot.pdf
Telegram: https://t.me/swapsdot
Announcement: https://t.me/swapsdotann
Github: https://github.com/SDplatform/SwapsDot
Swapsdot Token Info:
Ticker - SDT
Max Supply - 30000
Uniswap Liquidity- 7000
Presale - 8000
Team - 2000
Marketing - 2000
Staking -11000
87.5% of the eth collected from presale will be used for uniswap liquidity!
Price for presale: 1 ETH = 50 SDT
Price for Listing: 1 ETH = 35 SDT
Min 0.3 ETH, Max 13 ETH
Contract Address: 0x12394f4cc0d617Fb13FD91DB952856027bC2BeDA
Hard Cap: 160 Eth
Soft Cap: 120 Eth
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