Recapitulation of YAAN LaunchPad PROJECT AMA event held at AMA LOVERS CLUB.
Date: Friday, 17th September, 2021
Time: 14:00 UTC
The YAAN LaunchPad PROJECT team was represented by @Anotherdogecoin01 and @Krumblez who judiciously shared with us detailed knowledge and information about YAAN LaunchPad PROJECT.
1st Segment: INTRODUCTION
Q1: Can you please introduce yourselves and your background, also introduce the team working on YAAN?
ANS: I personally started my crypto adventure around 8 years ago. I heard about Bitcoin for the first time and immediately got very excited. I initially started with day trading and investing in cryptocurrencies but soon became a believer of decentralised finance. I've launched my own crypto projects on the Binance chain and advised and assisted in several other crypto projects in the field of marketing and community management. YAAN team consists of solidity, web 3 frontend backend developers in the team, along with financial trading analysts, business leaders and digital marketing experts.
I started with my crypto journey some eight-plus years ago, it has been a long road with many ups and downs we all have experienced with cryptocurrency. A tutor and perceptionist foremost that believes in spreading the good word, technology and fortune that is "blockchain", from mining to farming to dev, I cannot get enough of it all and believe others no matter what their level of expertise should be able to access this decentralised and trusted technology easily and with no limits, much of this is with good documentation but also coding and user experiences can play a big part in all of this.
I have been a working part of many projects including envision, builds and rollouts, as with computing technology and Moores law, blockchain is ever-changing and I as well as the team can adapt quickly to situations with the rise of Polygon and the awareness is created.
we will now introduce the team
YAAN has been developed and put together by the
team behind Defi Prophets, and through our existing
network of contacts, launch experience and the
contacts of our new venture capital partners we have
exclusive access to projects looking for assistance
launching that will propel them to the next level. The
team behind YAAN has a successful track record of
launching projects successfully, locking liquidity &
ensuring safe launches for their projects. YAAN team
consists of solidity, web3, frontend & backend
developers in the team, along with financial trading
analysts, business leaders and digital marketing
Jacob - CO FOUNDER & CMO An experienced professional in the field of crypto currency for more than 4 years. Has worked in the areas such as supply data analysis & supply management for more than 12 years. Gained immense experience trading in crypto and assisted few projects in marketing, website creation, technical side and assist them to launch from genesis stage.
We are closely working together with the Krosschain Launchpad and the team will grow over time.
Q2: Can you introduce YAAN, what critical problems does it solve that existing solutions are not solving and what's the competitive advantage?
ANS: The name of the project means "Journey" in Hindi, this just about sets out about the project - we are ALL on a journey and with journeys, great things can happen when entering a new tech space: these paces can sometimes become a little stagnant with rinse and repeating the same types of projects over and over.
We the launchpad we are here to provide the required standards as well as security and adaptiveness working alongside influencers and are happy to listen to the community too to build something truly amazing!
YAAN is a launchpad on the Polygon blockchain protocol and a framework for building and connecting Ethereum compatible blockchain networks aggregating scalable solutions on Ethereum supporting a multi-chain Ethereum ecosystem.
The competitive advantages are low transaction fees with extremely fast transactions per second, easy scaleable and offer staking rewards, great for decentralized apps, advanced layer 2 solutions and extremely secure. YAAN is a launchpad with endless posibilities.
Q3: Can you briefly describe the top milestones you have achieved and your target milestones with timelines, also share your roadmap?
As a recent blockchain startup, we have passed what may seem to many as hurdles already including building a dynamic and great team, delivering a useful cryptocurrency product being the Polygon Launchpad as well as gaining a great following on social media on the advent to the token launch.
The first milestone is a collaboration with the KCLP (Kross Chain Launchpad) in order target a broad based community being attractive to investors.
The second was the collaboration with Crypto promoters global to have the necessary marketing capabilities on social media to make and then create a successful project.
The continued strategy with the growth of the community, awareness of the Polygon network with many useful features such as launching new projects, liquidity and rewards as well as many more to look forward to!
Q4: Can you briefly describe your PARTNERSHIPS so far?
ANS: YAAN has 2 main partnerships. Former Kucoin launchpad now renamed as Kross Chain Launchpad (KCPL). We have found a solution to bring incentives by rewarding all token holders in a way that is inclusive with a low barrier to entry The fundamental flaws of the existing launchpad concept is that acquiring enough tokens to participate in the ecosystem is prohibitive and even if you do hold the tokens, you are not guaranteed an allocation spot. Most of the launchpads we see today are "first-come, first-served" basis, where bots can fill the spots in a fraction of a second. We have created a fair decentralized launchpad that avoids this problem altogether.
KCLPAD will have 3 principles that provide every tier level guaranteed allocation.
• No bots
• No luck
• No lotteries
Nothing but fair and equal opportunity distribution to all our #KCLPAD investors.
Crypto Promoters Global: an experienced, online-based marketing firm that has worked with many top-rated projects in the crypto sphere, and offers fair priced services. All services provided will be top-notch, and they will be better than or equal to the level of quality of any other advertising agency in the cryptocurrency industry. Their services and packages are highly customizable and have a very adaptive team that can meet all your requirements.
Q5: Can you give an overview of YOUR Tokenomics, and the UTILITY of the YAAN?
ANS: Of course, let me just find it
For the token allocation we will have a tiered system with different locking and vesting requirements
Token holders will be able to participate in voting events determining project approval or rejections
Will be based on the number of tokens users have staked for a certain duration of time in a particular tier system.
Apart from staking rewards, based on user activities, governance & token sale participation, tokens will be rewarded in a definite time frame.
Users will also be able to earn additional tokens from liquidity provision i.e pushing healthy volume on exchange.
2nd Segment: LIVE Questions
Q1: I think that the community is one of the most important parts of a project, specially for a new one. So how do you reward your community for supporting the YAAN Launchpad? Can users get rewarded by actively participating in the development of YAAN?
ANS: The community is the hart of the whole project. people in the community will not only be able to invest and participate in new projects on the launchpad with different investment tiers, also we will have options for staking YAAN, farming and foster community growth with marketing and innovation.
Q2: Sir Can you explain to us where did you get the idea for the #YAAN project? Can you explain the difference between using a #YAAN network like yours and another #YAAN service that can work with multiple networks? Would it be more efficient? safer? more scalable, faster?
ANS: With the recent EIP-1559 upgrade going into effect just recently, many users may question how new cryptocurrency projects plan to keep up as DeFi and smart contracts continue to expand and develop new capabilities by assisting ETH with scalability issues.
Our roadmap outlines our long -term commitment to the
upcoming user base that will inhabit the ecosystem. We will continue to monitor new developments and integrate them into our ecosystem to remain competitive not only with other Launchpad projects, but with the entire industry as
While we wish to remain competitive, we are not naive to the
fact the innovation of the industry as a whole is dependent on
collaboration and togetherness. We are focused on being better than the competition, but we are also focused on growing with them
Polygon is a protocol and a framework for building and
connecting Ethereum-compatible blockchain networks.
Aggregating scalable solutions on Ethereum supporting
a multi-chain Ethereum ecosystem.
Low transaction fees
Extremely fast transactions per second
Can scale and offer staking rewards
Great for decentralized apps
Advanced layer 2 solution
Q3: I think that the community is one of the most important parts of a project, specially for a new one. So how do you reward your community for supporting the YAAN Launchpad? Can users get rewarded by actively participating in the development of YAAN?
ANS: NFT's are currently not in the make, there are many who are already providing NFT's. We will much rather focus on launching new projects wich is our core business and development of the community and increase awareness of the Polygon chain.
Q4: I saw on your official website that #YAAN will presel, so when will the preset time start? How can we participate in your presel, is there a min/max purchase of $YAAN tokens?
ANS: The Pre-Sale will be announced soon, be sure to follow us on telegram and Twitter. We will have different stages of the Pre-Sale such as seed and strategic. Full details will be announced soon.
That covers about pretty much everything. Thanks for having us. If you have more questions please don't hesitate to hit us up.
Q5: Hi! 💹, Can you please explain the Meaning of YAAN? What does it mean and how did you decide on this name? What are your expectations about the effect of this name on the community?
ANS: YAAN means journey in Hindi. As Polygon is an upcoming network we are taking the community on a journey to bring more projects over to Polygon network.
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