Recapitulation of Wagashi Inu PROJECT AMA event held at AMA LOVERS CLUB.
Venue: https://t.me/amaloversclub
Date: Thursday, 9th December, 2021
Time: 17:00 UTC
The Wagashi Inu PROJECT team was represented by @Blockchaindon and @Bee_sherlock who judiciously shared with us detailed knowledge and information about Wagashi Inu PROJECT.
1st Segment: INTRODUCTION
Q1: Can you please introduce yourselves and your background, also introduce the team working on WAGASHI INU?
ANS: Hey everyone, my name is James. My friends call me Dev Hata. I'm a blockchain developer, a chart analyst, a software engineer with seven years of experience, and a crypto entrepreneur. As a crypto trader, I have traded crypto for five years now. I took a technical and fundamental analysis course in reading market charts to trade crypto safely and avoid volatility in the market.
I started trading crypto when bitcoin was around $500 and XRP $0.003. I got interested in crypto because of my software engineering background when I learned about the blockchain and how cryptography made it possible to create digital signatures, which was a far more reliable way to keep records in a trustless manner. Since then, I have learned to use smart contracts to build decentralized applications.
Members of Wagashi Inu team are also blockchain developers and crypto traders. We have Alex, who has experience in solidity, react, javascript, flutter, laravel, and vue. Tim and Wesley are experienced marketers who have worked with many crypto projects and have helped projects to launch successfully. So basically, experienced blockchain developers and marketers make up the wagashi Inu team.
Q2: Can you introduce WAGASHI INU, what critical problems does it solve that existing solutions are not solving and what's the competitive advantage?
ANS: The cryptocurrency space is booming, with many opportunities to profit from the crypto market; it could be through NFT's, trading crypto, or play-to-earn games. There are over 15,000 cryptocurrencies, and traders constantly need to research this ocean of crypto to find the next crypto gem, the next coin to do 1000x, the next trending nft, the next big project.
With this boom comes many problems; tons of crypto and blockchain projects, including NFT's, are released every day, and deciding on which ones to buy is difficult. Some rely on so-called crypto influencers for calls but soon find out these people have little knowledge about crypto and trading.
And then, there is another problem of market volatility. Most people lose money because the market dumps when they least expect, resulting in significant losses. Not having the correct information and tools makes it difficult for crypto to go mainstream because people fear losing money.
Then there are scammers trying to take advantage of people's interest in the crypto space by creating scam projects and NFTs. To make it in the crypto space, you need to do extensive research on the projects you're investing in, read charts, and so on. Doing all that is information overload which could lead to anxiety problems and sleepless nights, and if you have a full-time job, it's a difficult task. These are critical problems that all existing exchanges do not solve because they are more interested in making money.
Wagashi Inu is solving these problems with its DATA oriented decentralized exchange. Wagashi swap is built to scan data on the internet and different blockchain to give you a better idea of trades to take, NFT's to buy and help you find red flags on scam projects. This solution will make it easier for everyone to get accurate information and make better decisions on their crypto investments without going through the pain of countless hours of research.
Wagashi identifier will provide signals daily so traders can find profit opportunities easily with little work. Traders will log in and get real-time alerts based on the current market sentiments for each day. Wagashi Swap will also notify users of possible market dump and potential scam projects to protect our users. This utility will help wagashi swap to have more crypto users as newcomers and veteran traders will want to use wagashi swap to trade safely.
Q3: Can you briefly describe the top milestones you have achieved and your target milestones with timelines, also share your roadmap?
ANS: Sure, we have had milestones on the development of the wagashi swap
Currently, wagashi Swap is 75% complete. Users will be able to check the overview of the following on what we have developed so far:
Liquidity
Trade Volume
Top Tokens
Top Pairs
Top Transactions
Yield Farming
In the staking module, users can check the following features:
Filters Pairs
Pool
Yield per $1000
ROI per $1000
Underlying Tokens
Accounts
Pinned Pairs
Pinned Tokens, etc.
The smart contract logic for the swap and liquidity pool is fully functional. Once Wagasgi Swap launches, the following update on wagashi swap is the cross-chain function and wagashi trading Ai Launch. We plan to deploy the updates in stages.
For those interested in becoming a crypto analyst and blockchain developer, wagashi academy will have industry experts who train users to become skilled blockchain developers and crypto analysts. Wagashi students will acquire the skills and links to either get a job as a blockchain developer or create their crypto projects. We plan to have wagashi Inu academy ready in the next six months.
Other DApps on the Wagashi Inu ecosystem are the Wagi wallet, Play to earn game, 10,000 Wagi NFT which we will airdrop to those who buy Wagi tokens during our private sale and public presale.
Here is our detailed roadmap
We had our private sale in November, which sold out in 24 hours.
December 12-19 2021 we will have our public presale on pinksale and pancakeSwap listing after presale ends.
December 29th, 2021 we will launch WagashiSwap.
January 2022 we will have Wagi NFT Drop, Airdrop & WagashiSwap V2 release.
Q2 2022 Wagashi Trading Ai will launch & Play to Earn game will also be launched.
Q3 2022 Trading Bot Launch.
Q4: Can you briefly describe your PARTNERSHIPS so far?
ANS: We have partnered with and signed a contract with a leading blockchain development firm for further collaboration to build our DApps with their support.
We are also in discussions with leading blockchain developers and analysts in the crypto space who will be the instructors at wagashi academy.
Q5: Can you give an overview of the Tokenomics and the Utility of the $WAGI tokens?
ANS: Our Total tokens is 150,000,000,000.
We sold 3,363,636,330 during our private sale round at a price of 1 BNB = 90,909,090 WAGI. We decided not to sell many tokens during the private sale to prevent private sale investors from having too much control of the tokens when we launch.
We have allocated 70,000,000,000 WAGI tokens for presale.
we have locked 24,357,951,207 ecosystem tokens for 4 years.
Total team vesting tokens is 15,519,069,274 WAGI which is locked for one-year Details of team vesting are on our presale link. Tokens for liquidity is 36,759,343,189 WAGI.
Wagashi tokens will give users access to DApp features in the wagashi ecosystem. Wagashi signals, trading bots, smart trade terminals, wagashi Identifier, wagashi loss protection, and wagashi academy will always be free for all our users. However, access to these DApps will require $50 worth of wagashi tokens on a user wallet. A user will need to connect to all wagashi DApps with their crypto wallet (Including Wagashi wallet).
When users connect their wallet, a smart contract function will check user balance if there are $50 worth of wagashi tokens, and if there are none, users will be prompted to buy $50 value of wagashi tokens on wagashi swap. When users have $50 worth of wagashi tokens, they can access all features and DApps on wagashi swap and the wagashi ecosystem. This utility will give wagashi inu tokens an actual use case, and as our users grow, it will affect our tokenomics positively.
Wagashi will airdrop wagi NFT to all participants of wagashi inu token sale. Wagashi team will implement a smart contract that will give lifetime access to Wagashi Identifier, Wagashi Loss Protection, Wagashi arbitrage Bot, and Wagashi Academy to all Wagashi Inu token sale participants. Token sale participants will get access without holding wagashi tokens on their wallets.
10,000 Wagi NFT will also be used for unlocking game features and difficulties on wagi play to earn game. Holding Wagi NFT will also give users access to Wagashi Inu Ai signal protocol.
2nd Segment: LIVE Questions
Q1: Lots of meme tokens without utilities have left many investors holding shit tokens in their wallets. With the introduction of Wagashi Inu, how can you convince users that Wagashi Inu is not just another meme token in the space? What’s more with Wagashi Inu?
https://twitter.com/KurangaHA/status/1468970039189508097?s=19
ANS: Wagashi Inu have utilities that most meme tokens do not have, we have started building wagashi swap and trading Ai even before the public presale. If you go through our whitepaper, you will find utilities on wagashi Inu ecosystem which 98% of meme tokens do not have.
Q2: I've made several profits in the past few months from my crypto trading, unfortunately, I've lost about 80% of those profits back to the market due to sudden dump of BTC back to 47k dollars range. How can Wagashi Inu help protect my investment against future market crash? Will you work on developing features that will notify investors and traders of possible market downturn in the future?
https://twitter.com/Rektoshi1/status/1468988285825564675?t=47QGEVujdekYu3WblXapyQ&s=19
ANS: Wagashi trend identifier will keep track of current market sentiment and when the market is weak users will get real-time notifications on market weakness and possible market dump.
Q3: 🌹🌹
Can you Tell us about your marketing plan to boost this Great Project? What is your strategy to in invite millions of Crypto Investors out there?
https://twitter.com/RahulGandhix5/status/1468983594987122688?t=Lakg0fy7JfqBWVGtLRLa2A&s=19
ANS: We have top YouTubers and influencers who we have partnered with for our marketing, including Top press release websites.
Q4: 🤴
There is a month for WagashiSwap V2 release, so Will Wagashi Inu do a Testnet until then users can view, rate and give some feedback about WagashiSwap?
https://twitter.com/senewe10/status/1468985871516852227?t=nUXFNvqhJ9lC1uCqoTdbFA&s=19
ANS: We have our internal developers who will test wagashi swap and so we do not need to have public users test wagashi swap. We will also have a smart contract audit with certik to secure all our DApps
We wish time will allow us to answer all your questions but you can join our telegram group where we will address all your questions. https://t.me/wagashi_inu
Follow Us On Our Various Social Media Communities For More Update;
We are having our presale on 12 December and users can get whitelisted for our presale. https://blog.wagashiinu.io/wagashi-inu-whitelist-3a564121c336
https://twitter.com/wagashi_inu
https://t.me/wagashi_announcement
https://github.com/DevHata/Wagashi-Inu
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