Alpha Impact x Im Community AMA Recap

IM COMMUNITY
15 min readMay 26, 2021

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🐋 TELEGRAM AMA: Im Community & Alpha Impact 🐋
⏰ AMA Timing : 24 May 2021 l 12:00 PM UTC l 19:00 GMT +7
Venue For AMA : https://t.me/imcommunityitw

🎁 Reward Pool 200 USDT

Bà Tân | : Welcome @H7944811 from Alpha Impact

H H (Will never PM you for funds) : Hi everyone!

H H (Will never PM you for funds) : Great to be here.

Bà Tân | : Welcome everyone. Today Im Community will host AMA with Alpha Impact

Bà Tân | : Today our guest is: @H7944811 from Alpha Impact

Bà Tân | : Please introduce yourself a bit: @H7944811

H H (Will never PM you for funds) : Hi there! I’m Hayden Hughes, the Co-Founder and CEO of Alpha Impact. Before starting this company with my Co-Founder and CPTO Austin Chaird, I became a lawyer before working in crypto in 2017. From 2017–2020 I worked as Head of Distribution for Techemy, a regulated investment bank focusing on crypto and blockchain. Immediately before co-founding Alpha Impact I was actually working at Crypto.com, where I led Institutional Sales in Singapore.

I have previously founded 3 companies and this includes 1 exit in my native Canada in my mid 20s. I’m excited to build new businesses!

My Co-Founder Austin has spent 15 years in banking technology, working as a Vice President where he designed trading systems for banks and hedge funds when he worked for JPMorgan and Macquarrie Bank.

When Austin and I taught ourselves how to trade crypto, we found there is no transparent place to learn. Lots of people know how to make noise but there’s no way to know who is a good trader and who is faking it. So we set out to give everyone access to the same investing strategies whether they are trading with $25M or $25.

Bà Tân | : Thanks for the introduction.

Bà Tân | : Today’s AMA will have 3 sessions

Sessions 1: The chat will be muted & the team will introduce themselves then we will ask some introduction questions to the team Alpha Impact

Sessions 2: We will pick 5 Best Question from our members on Our Tweet (https://twitter.com/IM_Communityitw/status/1396301526046449667).

Sessions 3: The conversation will open to the community questions and the 5 best questions will be selected.

Bà Tân | : Rules to follow AMA : ⤵️

▫️ Join : Telegram group Alpha Impact (https://t.me/alphaimpact_fi) , Alpha Impact Announcements (https://t.me/alphaimpact_fi_ANN) and IM Community (https://t.me/imcommunityitw) , Channel Im community

(https://t.me/imcommunityit)▫️Follow: Twitter alphaimpact.fi (https://twitter.com/AlphaImpact_fi) and IM Community (https://twitter.com/IM_Communityitw)

Web & Community:

🌐https://alphaimpact.fi/

Bà Tân | : Those who haven’t joined @alphaimpact_fi group will not be eligible for AMA rewards, make sure you did.

Bà Tân | : Start session 1 AMA @H7944811

Bà Tân | : Question1. Could you please give us a simple introduction of Alpha Impact?

H H (Will never PM you for funds) : Hi there! I’m Hayden Hughes, the Co-Founder and CEO of Alpha Impact. Before starting this company with my Co-Founder and CPTO Austin Chaird, I became a lawyer before working in crypto in 2017. From 2017–2020 I worked as Head of Distribution for Techemy, a regulated investment bank focusing on crypto and blockchain. Immediately before co-founding Alpha Impact I was actually working at Crypto.com, where I led Institutional Sales in Singapore.

I have previously founded 3 companies and this includes 1 exit in my native Canada in my mid 20s. I’m excited to build new businesses!

My Co-Founder Austin has spent 15 years in banking technology, working as a Vice President where he designed trading systems for banks and hedge funds when he worked for JPMorgan and Macquarrie Bank.

When Austin and I taught ourselves how to trade crypto, we found there is no transparent place to learn. Lots of people know how to make noise but there’s no way to know who is a good trader and who is faking it. So we set out to give everyone access to the same investing strategies whether they are trading with $25M or $25.

Bà Tân | : @H7944811 Please say “Done” when you have finished the question, thank you.

H H (Will never PM you for funds) : Done!

Bà Tân | : Question2. What makes Alpha Impact special? How is Alpha Impact better than other project?

H H (Will never PM you for funds) : 1. WE NEVER ASK YOU TO DEPOSIT FUNDS WITH US. Our platform is non custodial, meaning that you keep funds in your own account.

2. WE ARE NOT ANONYMOUS. I showed you above my and Austin’s LinkedIn. Both of us have left stable jobs in financial services to build this business, and we’re excited to be on the journey.

3. WE COVER CRYPTO OPTIONS. For all the crypto degens out there, we’re allowing you to ape into options and follow top options traders.

4. WE COVER LOW RISK TOO. For all the investors wanting safer alternatives, we will allow customers to sort top traders by investment style including volatility. Finally, a safe way to trade crypto by following a safe investors.

5. WE HAVE AN EDUCATIONAL PLATFORM. Whether it’s videos, engaging content or a simulation exchange, we’ve got something for all beginners. We are building this business to help the 85% of people who don’t

done!

Bà Tân | : Question3. Does Alpha Impact has its own token? then can you explain about the tokenomics and use-cases of this token?

H H (Will never PM you for funds) : Yes, our $IMPACT token is listing on June 3rd! We’re excited to be listing on Uniswap and TWO IDO platforms!

Customers use our token to pay fees and they can stake tokens to reduce their fees and get access to more traders and investment strategies.

Traders can stake tokens to get a larger share of the fee as well as to become super users. We proactively help Super users to get more followers to dedicate capital to the trader.

We are excited to announce the launch of our YIELD FARMING program where customers can ADD liquidity to our Uniswap pair, beginning in mid June! For those who prefer to stake tokens the old fashioned way (with a more stable return), we will be offering traditional staking beginning sometime in June, also!

done

Bà Tân | : Question4. About Alpha Impact security, how safe and reliable is the Alpha Impact security system?

H H (Will never PM you for funds) : First and foremost I wanted to make it clear that our system never has access to the funds of our customers. Funds always stay in your own exchange account so no one, not even our engineers, have access to your funds.

Secondly, we do use your API key which we hold safely. Our team of engineers is led by Austin, a 15 year experienced banking technologist who has previously held high level roles at some of the world’s largest investment banks, including JP Morgan Chase and Macquarie Bank.

We also realized that it was important to onboard a dedicated cyber security advisor, Adrian Chung, who has spent the past 20 years building cyber security systems for some of the largest technology companies in APAC.

done

Bà Tân | : Question5. What are the major milestones Alpha Impact achieved so far & what are in future pipeline ?

H H (Will never PM you for funds) : We’re very exciting to be announcing our Vietnamese Whitelist Lottery Competition! Beginning this week, our Vietnamese community can compete to receive a whitelist slot. We’re excited with the strength of our Vietnamese community and will even be hosting an AMA later this week to discuss the rules of the competition. Please stay tuned to our Vietnamese Telegram Channel:

https://t.me/alphaimpact_fi_VN

done

Bà Tân | : End of session 1

Bà Tân | : We will move on to session 2

Sessions 2: We will pick 5 Best Question from our members on Our Tweet (https://twitter.com/IM_Communityitw/status/1396301526046449667).

Bà Tân | : Question1. How do you determine and measure trading expertise on your social trading platform? Will there be any RATINGS or EXPERT leaderboard that will rank them based on their expertise and trading success? How many traders can a user copy and does using this service require a fee?

H H (Will never PM you for funds) : Great question!

We have a leaderboard of top traders but one thing we want to make very clear is that we cater to all trader types. Investors will be able to choose different leaderboards : highest performance, most consistent performance, lowest drawdown, highest sharpe ratio and more!

Users who stake the bottom tier or no tokens may follow 1 trader while users who stake higher tiers of tokens may stake up to 8 traders.

done

Bà Tân | : Question2.Can you tell a feature or feature that you like best about your platform so that it can compete with other competitors? What are you most confident about for your platform?

H H (Will never PM you for funds) : One of the features we’re very excited about is the ability to trade options! No other social trading platforms allow users to trade options at all.

Another feature we’re excited about is the leaderboard! Unlike other platforms that only choose the highest performing trader, our users will be able to choose the most CONSISTENT trader to follow, or the top trader by asset or exchange.

We recognize that not all traders are the same, and not all investors are the same. This is why we are catering to LOW AND HIGH RISK investors

We’re very excited to be working with the community for our upcoming whitelist lottery competition

We’ll be announcing details on our Vietnamese TG channel soon!

done

Bà Tân | : Question3. Singapore #crypto copy-trading platform Alpha Impact removes the stress from crypto trading”, these are the words found on your twitter. So my question is how are planning or what are your plans for removing stress on crypto trading?

H H (Will never PM you for funds) : We remove the stress by letting you keep funds in your own account. This means we NEVER get access to your funds.

The other important aspect to stress is that we cater to all investor types, and will give all our customers the ability to create a simulation trading account where traders can compete in a trading competition for simulation accounts, meaning no real money is at stake.

We also do the homework looking at the details of top traders, and all the traders you see on our platform will be backed by REAL TRACK RECORDS. Our leaderboard updates based on each trader’s real trading activity IN REAL TIME.

done

Bà Tân | : Question4. Yield farming in DeFi is where growers compete for a chance to harvest the best crops. What strategy does Alpha Impact have, in yield growers, to help lock cryptocurrencies in deposit and make a profit?

H H (Will never PM you for funds) : Great question! We will be launching a Uniswap Liquidity pool, where our token holders can provide liquidity and earn a reward in exchange for support us. We have allocated 30% of our token supply to incentivizing these token holders, and we are very excited to be partnering with our community to democratize crypto investing.

For those who prefer single asset staking without the hassle of having to do yield farming, we’re very excited to be launching single asset staking too! This will be found on our website, and customers can simply deposit tokens into a pool and earn an interest rate.

done

Bà Tân | : Question5.What is the advantages of holding for this token for long-term? What is your plan to increase the demand and scarcity of the token? Will you burn them or have buy-back plan?

H H (Will never PM you for funds) : Although there’s no such thing as “guaranteed profit”, we are very confident in the Alpha $IMPACT token performance. For starters, we are launching a liquidity pool. For the first time ever, traders and customers alike can YIELD FARM to generate APY. Finally, a yield farm attached to a real business!

IN terms of the long term, I want to assure you that Austin and I and the rest of the company are on very long token vesting schedules: 4 years! This is one of the longest vesting terms we’ve seen in the industry, and we’re very excited to be building Alpha $IMPACT for the community over this time.

Our vision is to grow the crypto industry to the 85% of people who have never invested in crypto so far. This is a big journey but one we are excited to take. Our solution is very simple: we offer a safe way for new investors to try, invest in, and learn how to trade crypto for all investors. You can find a trader that’s just right for you — low risk or high risk.

Since our fees are paid in IMPACT tokens we aren’t able to do buy backs, but we will be allocating 5% of total fees generated into a long term smart contract to reduce supply on the market. We’re planning to incentivize users to lock liquidity with us via staking and yield farming

done

Bà Tân | : End of session 2

Bà Tân | : We’ll move on to session 3

Bà Tân | : Sessions 3: The conversation will open to the community questions and the best questions will be selected.

🍀Jőhn L🍀: I really like this segment

Bà Tân | : Rules to follow AMA : ⤵️

▫️ Join : Telegram group Alpha Impact (https://t.me/alphaimpact_fi) , Alpha Impact Announcements (https://t.me/alphaimpact_fi_ANN) and IM Community (https://t.me/imcommunityitw) , Channel Im community

(https://t.me/imcommunityit)▫️Follow: Twitter alphaimpact.fi (https://twitter.com/AlphaImpact_fi) and IM Community (https://twitter.com/IM_Communityitw)

Web & Community:

🌐https://alphaimpact.fi/

Bà Tân | : Those who haven’t joined @alphaimpact_fi group will not be eligible for AMA rewards, make sure you did.

Bà Tân | : awesome

Bà Tân | : Wow, there are 800 questions

Bà Tân | : Thanks for the questions from the community.

Bà Tân | : @H7944811 Pick the 10 best questions and answer it for session 3.

H H (Will never PM you for funds) : Ok

Q1. What are the advantages of Platform Features and Key Differences in #AlphaImpact compared to other competitors and what are the plans for the short and long term that the #AlphaImpact team will achieve?

H H (Will never PM you for funds) : Although there’s no such thing as “guaranteed profit”, we are very confident in the Alpha $IMPACT token performance. For starters, we are launching a liquidity pool. For the first time ever, traders and customers alike can YIELD FARM to generate APY. Finally, a yield farm attached to a real business!

IN terms of the long term, I want to assure you that Austin and I and the rest of the company are on very long token vesting schedules: 4 years! This is one of the longest vesting terms we’ve seen in the industry, and we’re very excited to be building Alpha $IMPACT for the community over this time.

Our vision is to grow the crypto industry to the 85% of people who have never invested in crypto so far. This is a big journey but one we are excited to take. Our solution is very simple: we offer a safe way for new investors to try, invest in, and learn how to trade crypto for all investors. You can find a trader that’s just right for you — low risk or high risk.

Q2. can you explain why choosing the name alpha impact? and on what basis did you choose that name?

H H (Will never PM you for funds) : We chose the name alpha impact because Alpha means generating portfolio returns, and we feel that helping customers generate returns is very impactful.

Q3. Only getting users, holders etc is not everything. In my opinion, a project needs to deal with solving a real world issue or problem What is the problem that your project primarily focuses on?

H H (Will never PM you for funds) : We’re solving the problem that the 85% of people who have never invested in crypto don’t know how to trade crypto. The biggest problem of all :)

Q4. most of the projects have competition, so I would like to know, how Alpha Impact will be able to be among the best copy-trading platforms, what elements make you really competitive and guarantee that the project will be sustainable and profitable over time?

H H (Will never PM you for funds) : We are focused on solving a real world problem for the people who have not yet entered the crypto market: by helping investors to understand how to trade crypto we will grow the market.

We are not focused on cryptocurrency companies as competitors. So Unlike EToro, our traditional markets competitor, we are low cost and non custodial :)

Q5. most of the projects have competition, so I would like to know, how Alpha Impact will be able to be among the best copy-trading platforms, what elements make you really competitive and guarantee that the project will be sustainable and profitable over time?

H H (Will never PM you for funds) : There are no guarantees in life but we are building a sustainable business for the long term by solving a problem for our real customer — the 85% of people who have never invested before. I would think that us being non custodial is a big value add — investors never need to trust us with their funds.

Q6. Alpha Impact system gives the freedom to keep funds in the exchange account. How many exchanges do you support? If a trader is on an exchange and I’m on another exchange, can I still copy his trades? You know some tokens are listed on some exchanges with different coin tickers. For example HOT token is different on Binance and Huobi. One is listed HOT as HOLO project and the other is listed Hydro as HOT token. How do you overcome this problem?

H H (Will never PM you for funds) : Finally a question from a real human.

Thank you Angel for the great question. Please join our telegram channel and enter our Youtube competition to compete for a whitelist allocation.

We’re starting with Binance, Bitfinex, FTX, and possibly Kucoin. Our listing team does a manual review of each token to ensure there are no issues such as the one you’ve described. That part of the company is run by very diligent people who I trust very much.

Q7. Do you have a Token Burning plan to increase Token value and attract Investors to invest?

H H (Will never PM you for funds) : This could make us be considered a security. So we can’t burn tokens but we will for sure divert 5% of our fees into a long term smart contract that will be restricting supply for 24 months.

Q8. Can you share your fundraising situation and how your private and public offering tokens are distributed? And what are the plans for the next IEO? What should we prepare if we want to participate?

H H (Will never PM you for funds) : We’re hosting a DUAL IDO on June 3rd! Feel free to check out our telegram channel to find out how you can win the white list lottery!

Q9. ➡️Alpha Impact it’s a very well developed platform, but just for curiousity, have you considered create your own native app to Mobile devices?

H H (Will never PM you for funds) : We’re evaluating this although our Dev team is very busy focusing on SIGNALS MINING — the first phase of our project which will allow traders to compete against each other and win a prize pool of up to $100,000!

Q10. Mostly all the Crypto is in dump recently by market crash. How does your project ensure that the coin will recover after dump?

H H (Will never PM you for funds) : Our project is not designed to affect token prices. It is designed to give investors access to an investment that works for them. We encourage our customers to invest with funds they can afford to lose, and to do their own research.

Great question!

Q11. Can you please state what your ROADMAPS will be like for the next few years? And what are some of the important achievements you want to achieve? To advance your token?🔥🔥

H H (Will never PM you for funds) :

Q12. What is your most ambitious goal of your project? We would appreciate it if you could share with us any Upcoming Updates?

H H (Will never PM you for funds) : We are excited to announce three important milestones:
IDO WHITELIST on JUNE 28th

IDO June 3rd

YIELD FARMING Around June 17th

SIGNALS MINING June 27th

STAKING June 28th

🍀Jőhn L🍀 : After answering all the good questions, please help us choose 5 excellent questions to give them rewards. @H7944811

H H (Will never PM you for funds) : Great, thanks for the questions guys!

Bà Tân | : Thanks for the useful information from @H7944811

Bà Tân | : End of session 3

Bà Tân | : For questions that have not been answered today, you can send them to @alphaimpact_fi for answers.

🍀Jőhn L🍀 : That’s what people really care about right now

Bà Tân | : Allright, I declare the Im Community AMA with Alpha Impact has ended.

Thanks to @H7944811 | Alpha Impact joined us and provided us with Alpha Impact information, we hope that this knowledge makes us understand more about https://alphaimpact.fi/

To the members, thank you for following this event to the end. winners will be announced soon.

Bà Tân | : Today’s AMA winners please PM @quocnguyen1234 to provide reward information. Thanks everyone .

Ahrix : Thanks @H7944811 for joining the AMA today. Have a good day.

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IM COMMUNITY

IM is a PR group — Marketing support for Airdrop, advertising, AMA, Services … in Vietnam Flag of Vietnam. — — — — — — — - TG: https://t.me/imcommunityitw