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Bagus Wallet x IM community AMA RECAP

IM COMMUNITY
10 min readOct 10, 2021

TELEGRAM AMA: Im Community & Bagus Wallet πŸ‹
⏰ AMA Timing : 09 OCTOBER 2021 l 01:00 PM UTC
Venue For AMA : https://t.me/imcommunityitw

🎁 Reward Pool 100 USDT
BΓ  TΓ’n | : Welcome everyone. Today Im Community will host AMA with Bagus Wallet.

BΓ  TΓ’n | : Today our guest is: @Purbaru, @shahzargp, @aglichandrap from Bagus Wallet.

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : Nice to meet you allβ€¦πŸ™

Agli Chandra Pratama : hello all thanks for this AMA opportunity

Bà TÒn | : Please introduce yourself a bit: @Purbaru, @shahzargp, @aglichandrap 😊

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : Hello everyone, My name Purbaru Hutape.

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : I’m CEO of Bagus Wallet.

Agli Chandra Pratama : hello, my Name is Agli Chandra Pratama, i am Senior Software Engineer and blockchain developer for Bagus Wallet

Shahzar GP : Hello everyone

Shahzar GP : My name Shahzar Gading Pramuja

Shahzar GP : I am business development of Bagus Wallet

BΓ  TΓ’n | : Thanks for the introduction from the Bagus Wallet team.

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : Thank you.

BΓ  TΓ’n | : 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 Bagus Wallet

Sessions 2: We will pick 5 Best Question from our members on Our Tweet (https://mobile.twitter.com/IM_Communityitw/status/1446369412609548288).

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

BΓ  TΓ’n | : Requirements:

πŸ—£Im Community (https://t.me/imcommunityitw)

πŸ—£Bagus Wallet (https://t.me/BagusWallet)🌍 (https://t.me/BagusWallet)

πŸ—£Bagus Wallet Announce (https://t.me/BaguswalletAnn)

πŸ—£Twitter BagusWallet (https://twitter.com/bagus_wallet)

πŸ‘‰More information about Bagus Wallet :

πŸ—£Website (https://baguswallet.net/)

πŸ—£Bagus Wallet App (https://play.google.com/store/apps/details?id=com.baguswallet.app)

πŸ—£Medium (https://medium.com/@BagusWallet)

πŸ—£Youtube (https://www.youtube.com/channel/UCf59mmIsybsfUhX2Ks5TzkQ)

BΓ  TΓ’n | : Start session 1 AMA @Purbaru, @shahzargp, @aglichandrap.

Agli Chandra Pratama : let’s go

BΓ  TΓ’n | : Question1. Can you briefly describe what is Bagus Wallet? We would like to know more about it and how it works.

Agli Chandra Pratama : answer 1:

Bagus wallet is decentralized wallet like trust wallet,metamask,

users will be retaining full control over their private keys and passphrase at all times and anywhere. Which will enable a more secure wallet where the Bagus team does not hold custody of the user’s funds to ensure that there is no single point of failure that will cause a loss of funds of the users.

Bagus wallet will also help users to easily manage their digital assets and we will provide tools so that user can keep track of their spending habits. In addition, the team will also integrate the lead exchange into the lead wallet ecosystem to facilitate near-instant, highly secure transfer by providing liquidity when users exchange funds to their secure private wallet. The application will use all security features implemented throughout the entire ecosystem and provide the safest storage system available in the industry. Bagus wallet hopes to partner with several companies and platforms offering the best wallet service security and to achieve the efficiency of the multi-sig and other related features.

Ahrix : @Purbaru, @shahzargp, @aglichandrap Please say β€œDone” when you have finished the question, thank you.

Agli Chandra Pratama : done

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : done

Shahzar GP : Done

BΓ  TΓ’n | : Question2. What are the outstanding features of BagusWallet products compared to current wallets? What is your competitive advantage?

Agli Chandra Pratama : Answer 2:

our main features is storing crypto currencies with Ethereum based token, like Binance smart chain, avalance, heco and many more, you can add custom RPC as well like metamask wallet, and we support many testnet RPC which is right now so many project provide their testnet to users to get early reward, on future development we will support staking and swap via our Bagus Wallet

Agli Chandra Pratama : Done

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : done

Shahzar GP : Done

BΓ  TΓ’n | : Question3. What role does the $BG token play in your ecosystem? What are the benefits of holding?

Agli Chandra Pratama : Answer 3 :

$BG token is our token which is the token has utility for many features on Bagus wallet apps. Like staking, and swap fee discount

Benefits of holding $BG is holder will get some reward, the rewards is can be as token or some merchandise which is still on development, user can get fee discount for swap too when hold our $BG

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : In addition to the USP Bagus Token $BG information.

A monetary system whereby 45% of Bagus wallet quarterly profits are used to repurchase Bagus Token from the exchanges to be permanently burnt and we will have a charity. Bagus wallet revenue will be generated from all the services offered via the lead wallet with a quarterly audit report.

Bagus Token Features

1. APY up to 500% for early users

2. Special Gift per monthly

3. Free Transaction

4. Bagus Venture

5. Reedem Voucher

Shahzar GP : Done

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : done

Agli Chandra Pratama : done

BΓ  TΓ’n | : Question4. .Could you please update some latest news or big events of Bagus Walletto attract more users?

Agli Chandra Pratama : Answer 4:

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : we have some update for bagus wallet soon, we will implementing Chainlink price feeds oracle to our apps and our future features, users will see actual price of token / coins , we will add chainlink price feed on our website first and then we will implement it to our Bagus Wallet apps

We have also updated the whitepaper and tokenomics info,

We are in communication with several other project parties besides ChainLink Labs.

Done

Agli Chandra Pratama : done

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : done

BΓ  TΓ’n | : Question5. What are the milestones that Bagus Wallet has been and what is the future project development roadmap?

Agli Chandra Pratama : Answer 5 :

as you see on our roadmap info on website, we have been launch our bagus wallet android apps in late Q3 2021, Q4 of 2021 will be really busy for our team, we have submit request for certik audit and prepare for public sale, on Nov β€” Dec we will launch our staking pools and Bagus Exchange test, in Q1 2022 we have some burn event and partnership, Q2 2022 we will add cryptocurrencies buy instant feature on our bagus wallet with virtual account or with credit/debit card and we will listed on some CEX, Q3 we will burn some token again and prepare launching for Bagus Wallet iOS version

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : In additional…

Currently our MPV is launching Bagus Wallet App,

Furthermore, adding material from ChainLink Labs in the App and then building Bagus Swap.

Shahzar GP : Done

Agli Chandra Pratama : done

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : done

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : Thank you πŸ‘

BΓ  TΓ’n | : End of session 1

BΓ  TΓ’n | : We will move on to session 2

BΓ  TΓ’n | : Sessions 2: We will pick 5 Best Question from our members on Our Tweet (https://mobile.twitter.com/IM_Communityitw/status/1446369412609548288).

BΓ  TΓ’n | : Question1. Is your project a local project or a global project? Can anyone use your services from anywhere in the world? @azizhahy

Agli Chandra Pratama : Answer 1:

good question

Bagus wallet is the first decentralized wallet from Indonesia and bagus wallet can be used on several country.

based on google developer data analytic, bagus wallet active users came from Indonesia, india, Vietnam, America, Bangladesh, and others.

our team keep developing bagus wallet apps, we believe some day our users will growing fast.

this day we have 7k downloaders and 3k users active since we launched our bagus wallet android apps, for us it was good for beginning

done

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : done

Shahzar GP : Done

BΓ  TΓ’n | : Question2. BagusWallet is a decentralised Cross Chain wallet. Which will be used in blockchain as cryptocurrency wallets. I’d like to learn more about the project’s development team. Are they qualified to manage such projects and large amounts of user traffic? @hidy00

Agli Chandra Pratama : Answer 2 :

Nice question

our team has some experience for front-end and back-end developer, and blockchain development

luckily we have some support from Chainlink Labs for apps development, we will implementing some chainlink features like price feed oracle to our project,

Bagus wallet is decentralized wallet, it means we don’t have any users data, so the users security is users responsibility to keep their passphrase and private key safe.

as update we will add some security features such as when you want to sent some token from Bagus wallet, you must press the continue or cancel button to make sure you send to right address, and we will add passcode/fingerprint authentication too

Done

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : done

Agli Chandra Pratama : done

BΓ  TΓ’n | : Question3. What are your security measures adopted from hacking and bugs in smart contract ? Have you conducted any audit to make your smart contract safe?@ghofuralinse

Agli Chandra Pratama : Answer 3 :

For smartcontract security, we have submit certik audit request, and we have signed an audit request form from certik, certik audit will happen after our public sale ends, we will audit our Bagus wallet apps to on certik.

audit is important things for increasing trust from investor, apps users or BG token holder

Shahzar GP : Done

Agli Chandra Pratama : done

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : done

BΓ  TΓ’n | : Question4. Obviously, Trust Wallet will be your main competitor when it comes to mobile app crypto wallets. Does β€œBagusWallet” have some unique features that Trust Wallet doesn’t currently have? How do you convince the community that β€œBagusWallet” is up and running over its competitors?

@blackrose11221

Agli Chandra Pratama : Answer 4 :

Nice question

you’re right about trustwallet is our main competitor, but we don’t have plan to competiting with trustwallet, but how to bagus wallet can be good wallet like others.

for now Bagus Wallet users is made easy for using testnet or mainnet, just switch and switch on Settings UI, Bagus Wallet is easy to use for add custom RPC too, for mainnet or test net.

there are some many features you will get on bagus wallet, as you can see on our with paper and medium

with that features, not only crypto users will get benefit, but non crypto users too, some features we offers is:

- zero fee

- you will get some reward with stake your BG token everyday and every transaction

- you can redeem voucher with BG token (Indonesian users)

And all of these features will implemented on bagus wallet

we will try to integrated with some other project too, for apps development or other benefit for BG Token holder

done

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : done

Shahzar GP : Done

BΓ  TΓ’n | : Question5. β€œToken burning” is beneficial to any project because it can control the number of tokens in circulation and provide investors with greater incentives. Does your great project have a plan for token burning?@TrnTrun19211761

Agli Chandra Pratama : Answer 5:

we have some quarterly burn of our token as you see on our whitepaper

with our limited supply it will make BG token more valueable,

less supply with high demand will make the price increase, we have burned our private sale token for 15M token, and if needed we will do buyback and burn in future

done

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : done

Shahzar GP : Done

BΓ  TΓ’n | : Congratulations to the winners of session 2.

@azizhahy

@hidy00

@ghofuralinse

@blackrose11221

@TrnTrun19211761

BΓ  TΓ’n | : Alright, Session 2 has finished perfectly. Appreciate your detailed responses @Purbaru, @shahzargp, @aglichandrap πŸ˜ƒ

thank you

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : Ok, thank you.

Shahzar GP : Thank you

BΓ  TΓ’n | : End of session 2

BΓ  TΓ’n | : We’ll move on to session 3

BΓ  TΓ’n | : Sessions 3: The conversation will open to the community questions and the best questions will be selected.

BΓ  TΓ’n | : Don’t forget to join the group https://t.me/BagusWallet

BΓ  TΓ’n | : Thanks for the questions from the community.

BΓ  TΓ’n | : Now let’s give our dear guest @Purbaru, @shahzargp, @aglichandrap some time to go through them.

BΓ  TΓ’n | : @Purbaru, @shahzargp, @aglichandrap Pick the 5 best questions and answer it for session 3.

Q1. I read the USP of Bagus Wallet and it’s really secured and giving market data, news and you can manage your assets. You can stake and earn it. Are you planning to add or launch NFT in your Bagus Wallet App? As we know today, NFTs are really popular in the crypto world.

@shahzargp @Purbaru @aglichandrap

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : Thank you for your question,

We are planning to launch NFT for BG Token holders.

We are also developing the functionality of the NFT, stay tuned for the Bagus Wallet App update.

Q2. πŸ“ŒπŸ“ŒπŸ“ŒπŸ“ŒπŸ“Œ

Bagus Wallet features included LIFESTYLE point. Does it mean this wallet can be used for retail and online shopping purposes? Steps taken towards this direction and collaboration with any such online platforms?

Good luck for your future endeavours ✨✨

@aglichandrap

Agli Chandra Pratama : answer 2:

yes you can use $BG token for redeem some merchandise on our platform in future, we will collaborate with some vendor

but it will happen on future, it’s being development now

Q3. WHERE AND WHEN CAN I BUY TOKEN ?m

Agli Chandra Pratama : answer 3:

we dont have listed anywhere now, but you can participate on our public sale, or if you want to be a private investor, you can check our Telegram group, we will do public sale soon on DXsale

Q4. Can you tell us about your plans for long-term? what you are currently working on?and what strategy will be used to expand globally?

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : 4. Good question

interesting question,

Good Wallet has short term and long term plans.

in the long term, various benefits will be obtained by Bagus Wallet users and also benefits for BG Token holders.

From the development of the App, supported by ChainLink Labs, we believe Bagus Wallet will develop well.

Q5. Do you have any Bug Bounty to check for weakness? In what way do you plan to make Your project more complete??

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : answere 5 : Currently we have submitted the Bagus Wallet App to Certik for audit, next we will open the Bug bounty to look for Bug in the Bagus Wallet App and Bagus Swap.

It will probably be released after Bagus Swap launches.

BΓ  TΓ’n | : Winner List AMA Bagus Wallet Part 3

@jayjay202000

@Sarika_4088

@levalvina

@Bloodnighta

@quyNuray

BΓ  TΓ’n | : Thanks for the useful information from @Purbaru, @shahzargp, @aglichandrap

BΓ  TΓ’n | : End of session 3

BΓ  TΓ’n | : For questions that have not been answered today, you can send them to @BagusWallet for answers.

π•»π–šπ–—π–‡π–†π–—π–š π•³π–šπ–™π–†π–•π–Šπ–† : Thank you @RoisePM

BΓ  TΓ’n | : IM Community, if you would like to know more about Bagus Wallet ! here are some useful links for you:

Official Website: https://baguswallet.net

Twitter: https://twitter.com/bagus_wallet

Telegram: https://t.me/BagusWallet

https://t.me/BaguswalletAnn

Medium: https://medium.com/@BagusWallet

Youtube: https://www.youtube.com/channel/UCf59mmIsybsfUhX2Ks5TzkQ

Agli Chandra Pratama : thank you IM Community

BΓ  TΓ’n | : Allright, I declare the Im Community AMA with Bagus Wallet has ended.

Thanks to @Purbaru, @shahzargp, @aglichandrap | Bagus Wallet joined us and provided us with Bagus Wallet information, we hope that this knowledge makes us understand more about https://baguswallet.net (https://baguswallet.net/)

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

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IM COMMUNITY

Written by IM COMMUNITY

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

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