Aergo x IM community AMA RECAP
🐋TELEGRAM AMA: Im Community & Aergo 🐋
⏰ AMA Timing : 30th May 2022 l 12:00 PM UTC l 19:00 GMT +7
Venue For AMA : https://t.me/imcommunityitw
🎁 Reward Pool 100 USDT
➡️ The reward pool for the best 5 questions from Telegram is $50($10 Each) 💸
➡️ The reward pool for the best 5 questions from Twitter is $50 ($10 Each) 💸
Bà Tân | : Thank you for having me. I am so honored to be here.
Bà Tân | : Welcome everyone. Today Im Community will host AMA with Aergo.
Bà Tân | : Today our guest is: @MobileJae from Aergo.
J S : I’m Jae Shin, CMO from the AERGO project.
Ahrix : Welcome @MobileJae to the IM community.
Bà Tân | : Thanks for the introduction.
Bà Tân | : Today’s AMA will have 3 session
Session 1: Project Introduction
Session 2: Question From Twitter (https://twitter.com/IM_Communityitw/status/1530509016517840896) (will choose 5 question)
Session 3: Free Asking (will choose 5 question)
Bà Tân | : Start session 1 AMA.
Bà Tân | : Q1.Can you briefly describe what is Aergo.io ? We would like to know more about it and how it works. @MobileJae
J S : AERGO’s platform seeks to enable enterprises and developers to easily design, build and deploy their own blockchain applications within the cloud. The platform aims to offer the possibility for creators to tailor their blockchain and applications to their needs, by giving them the choice to run across either a public or private network. Taking into account the differing characteristics private and public blockchain implementations present, the choice between the two aims to give enterprises and developers the flexibility they desire when designing a purpose-specific application. Hosting everything across a secure cloud-hosted distributed network, AERGO also aims to alleviate businesses from significant overheads through the elimination of needing to establish physical infrastructure themselves to run blockchain protocols and applications. There are over 40 different real life productions in Enterprises that are used today. For more information please head to aergo.io!
Bà Tân | : Q2.What are the outstanding features of the Aero project compared to other projects?
J S : We made working with AERGO easy for the enterprise customers. With AERGO Lite customers are able to directly use SQL on AERGO. Details are on our website aergo.io. Also, we believe that any service running on our platform must be easy for the end users, so working with Blocko (blocko.io), our premier blockchain technology partner, we made services in a SaaS configuration. There are services such as NFT as a Service, NFT Marketplace as a Service, Voting as a Service, Token as a Service, and TSA as a Service. Customers can mint NFT with just a few clicks of the mouse, rather than going through complicated procedures.
Bà Tân | : Q3.What role does the $AERGO token play in your ecosystem? What are the benefits of long-term holding?
J S : We have 2 tokens on AERGO, the utility mainnet tokens and ERC20 tokens for exchanges. The utility tokens are for our customers to pay for our transactions fees, while the ERC20 tokens have been listed in all the major exchanges. The benefits of holding our token is that we have been very consistent with the crypto market, in price wise. There have been no pump and dump scenarios. We constantly have news that give the investors assurance that the project is moving forward and evolving. Please check out our blog section on our website, aergo.io.
Bà Tân | : Q4.Can Aergo.io team please update some Aergo.io latest news or major events to attract more users ?
J S : Recentlyl, AERGO has been very popular in the NFT space in South Korea. Major companies in Korea have minted NFT on the AERGO platform. There are many applications, not just art work, for the NFTs. Many companies are using the NFT as a digital coupon and tickets at major events. Online content creators are using NFTs to collect future royalties for exclusive content. Please check out our partner CCCV.to/nft for NFT marketplace. Soon, AERGO will have a Token as a Service coming out where anyone will be able to mint their own tokens on the AERGO platform. Businesses are looking to convert their traditional point/mileage programs into tokens. AERGO team is also working on a DeFi platform slated to open in the Q3 or Q4.
Bà Tân | : Q5.What is the current and future development roadmap of the Aerogo.io project?
J S : We have recently created a developer incubation fund called AERGO Labs. The fund is for developers that are looking to bring their projects on the AERGO platform. Applications are on our website (https://aergoio.typeform.com/to/J7wyjTSw?typeform-source=www.aergo.io). We are also working on a swap service, AERGO Swap to launch in 2022. We will also be further developing our relationship with CCCV.to to bring NFT to the masses. Later this year, AERGO plans to provide technical components for implementing Metaverse with SDK and services, and plans to expand the ecosystem for businesses to learn and use them.
Bà Tân | : End of session 1
Bà Tân | : We will move on to session 2.
Bà Tân | : Session 2: Question From Twitter (https://twitter.com/IM_Communityitw/status/1530509016517840896) (will choose 5 question)
Bà Tân | : Question 1. Right now , the market is adjusting sharply, the risks are very high but also a great opportunity for development projects. What are the characteristics of your project, and how is your development strategy to be able to compete and rise to the top among other projects. @Warland0i39 (https://twitter.com/Warland0i39)
J S : If you see the historical price of our AERGO on CMC or CoinGecko, you will see that we have been steadily growing and following market trends. We have added many new exchanges, including Coinbase and crypto.com most recently. What characteristic that sets us apart is that we work with real life corporate customers that are non-blockchain. We have become mainstream because we don’t just work in the blockchain industry. We have worked with the largest corporations and continue to help them create great solutions for their customers.
Bà Tân | : Question2. I saw that many projects were unstable for a short period of time. At first, they started with hard work & good attention, after a few months later they didn’t pay attention to this project. Then it ended there. How do #Aergo (https://twitter.com/hashtag/Aergo?src=hashtag_click) plan to survive in the market? @Good_Luck_Fari (https://twitter.com/Good_Luck_Fari)
J S : Since the launch of the AERGO mainnet in April of 2019, AERGO has been steadily growing and has been in the news for various projects and partnerships. With large corporate partners like Samsung Electronics, and NFT projects with major corporations and museums, AERGO has been steadily growing. AERGO has been listed in the top exchanges, including Binance, Coinbase, and Crypto.com. Recent NFT offline gallery openings and various retailers using NFT as coupons, we are accelerating to integrate to mainstream services.
Bà Tân | : Question3. Aergo is Fast and scalable hybrid blockchain. Please share key performance indicators of the chain, such as the Number of blocks per second, time to completion of a transaction, transaction speed, cost per transaction, or something else? Can you compete with other blockchain? @NewsAirdropOnl1 (https://twitter.com/NewsAirdropOnl1)
J S : DPos Consensus algorithm, with 10,000+ TPS, AERGO mainnet has been live since April 2019, transactions fee is $0.001. Technology is a great measurement of performance, however usage all depends on the solutions for the average person. Consumers, who are non crypto aware, use solutions based on convenience and needs. No one asks what development language is Instagram written nor what cloud provider does Tik Tok use. Solutions that meet and exceed consumer needs become widely used. Solutions that are on AERGO provide delightful user experience and satisfy the needs for the customer. NFTs that are coupons that work with major delivery companies are something that is fun and useful to the consumers. CCCV.to is a partner on the AERGO platform that provides suce service.
Bà Tân | : Question4. What is your strategy to attract new users and investors to your project and keep them in the long term because Marketing is a central element for every project, so everyone knowing the potential that a project can generate is critical to achieving the set goals? @Maharani110045
J S : Our strategy to attract new users and investors is to focus on our developer ecosystem and provide excellent service to attract relevant offline solutions that leverage AERGO. We follow the B2B2C model where we provide the framework for enterprises to reach their customers. We partnered with companies like Blocko to create SaaS solutions, so that businesses can easily deploy NFT services or token services with just few clicks. We do not have market makers that manipulate the token prices, nor do we do business with pump and dump groups. Our token price move organically. We focus on developers, partners, and the end users.
Bà Tân | : Question5.Many projects appear to be successful only in their whitepaper and roadmap, but they face various problems when attempting to implement the project’s mission and eventually collapse. How does your project overcome every challenge in the development of its project? @AmanullahAkash8 (https://twitter.com/AmanullahAkash8)
J S : We focused on developers and team members that have offline corporate relationships and networks. We focused on our developer community rather than our token price. We improved our platform and provided monetary and technical support to our partners. For the community, we listed the AERGO token on major global exchanges, including Coinbase, Binance, Crypto.com, OKEX, Kucoin, Upbit, Bithumb, and many more. Many of the team members are vetrans in the corporate world (non-crypto) and have serious networking power. We are able to access top comapnies and position our developer partners to create solutions on AERGO.
Bà Tân | : Congratulations to the winners of session 2.
Bà Tân | : Alright, Session 2 has finished perfectly. Appreciate your detailed responses @MobileJae ���
J S : Thank you for the great questions IM Community!!
Bà Tân | : End of session 2
Bà Tân | : We’ll move on to session 3
Bà Tân | : Session 3: Free Asking (will choose 5 question)
Bà Tân | : Don’t forget to join the group https://t.me/aergoofficial
Bà Tân | : Group will unmute now so everyone can ask questions.
J S : Thanks for the questions from the community.
Bà Tân | : Now let’s give our dear guest @MobileJae some time to go through them.
Bà Tân | : Whoa! That’s a lot of questions. I will try to choose 5 from here.
Q1. Can you share to us your tokenomics? How much is the total and circulation supply of your tokens? Will there be buy back system or token burning in the future?
J S : We get this question a lot, so we actually created a realtime dashboard: https://www.aergo.io/stats Please take a look here.
Q2. What is your strongest advantage that you think will make your team leading the market?
J S : I believe the strongest advantage is our team members and our developer ecosystem. We were lucky enough to have investors like Sequoia, Samsung, Arlington Capital, and many more prestigeous Crypto fund groups, so we have the most expert people advising us. Our team members come from the corporate world and have great networks for business development. I myself is a former executive from Samsung Electronics, Motorola, and AT&T.
Q3. Do you have tutorial videos so we can get to know your project more clearly or do you have a YouTube channel or something? can you share it with us..?
J S : Yes, we have a great developer support system in place. You can search for the official AERGO Youtube channel, as well as our developer section on our website: https://aergo.readthedocs.io/en/2.2/
Bà Tân | : Don’t forget to join the group https://t.me/aergoofficial
Q4. Today yield farming has become a very new innovation in DeFi. What steps do you think need to be taken to make it a constant pillar of the Web 3.0, DeFi, and financial revolution we’re talking about?
J S : I believe the current state of the crypto market dictates that we really need to watch out for what projects claim. We need independent audits to make sure projects are not over leveraged or depend on bull market to support their DeFi. We are looking into DeFi, but being very careful of how we structure any staking rewards or yield farming. AERGO conducts 3rd party independent audit each year. We pride on ourself of having clean accounting books. When we apply for exchange listings, we get listed due to our clean accounting practices. WE are transparent.
Q5. Can you list the features that your project have and other similar projects don’t and Can you convince me to invest in your project as compared to others which are similar to yours?
J S : Yes, we have had 3rd party security firm audit our code and platform. We also have an accounting firm audit our books to make sure that we are transparent.
J S : I believe that was the 5th question I answered.
Bà Tân | : Thanks for the useful information from @MobileJae
Bà Tân | : End of session 3
Bà Tân | : For questions that have not been answered today, you can send them to @aergoofficial for answers.
J S : Thank you so much for the enthusiasm and I invite everyone to join our official Telegram channel https://t.me/aergoofficial
Bà Tân | : IM Community, if you would like to know more about Aergo ! here are some useful links for you:
Official Website: https://www.aergo.io
Bà Tân | : Allright, I declare the Im Community AMA with Aergo has ended.
Thanks to @MobileJae | Aergo joined us and provided us with Aergo information, we hope that this knowledge makes us understand more about https://www.opensky.finance (https://www.opensky.finance/)
To the members, thank you for following this event to the end. winners will be announced soon.
J S : Thank you so much!