🐋 TELEGRAM AMA: Im Community & Evolution 🐋
⏰ AMA Timing : 16 May 2021 l 02:00 PM UTC l 21:00 GMT +7
Venue For AMA : https://t.me/imcommunityitw

🎁 Reward Pool 100 USDT
Bà Tân | :
Welcome @evoAdam from Evolution

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

Bà Tân | : Today our guest is: @evoAdam from Evolution

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

Adam [Never DM First] : My name is Adam, I am marketing director and official representative of EvoDefi project. But most of the time we call ourself simply — Evolution.

You can see me on all AMAs and in our official TG group. We also started to build our Vietnamese community and have Vietnamese TG group: https://bit.ly/3eRehNi

done

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 Evolution

Sessions 2: We will pick 5 Best Question from our members on Our Tweet (https://twitter.com/IM_Communityitw/status/1393767202109595653).

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 Evolution (https://t.me/evolution_bsc) , Evolution Announcement (https://t.me/evolution_bsc_news) and IM Community (https://t.me/imcommunityitw) , Channel Im community

(https://t.me/imcommunityit)▫️Follow: Twitter Evolution (https://twitter.com/evolution_bsc) and IM Community (https://twitter.com/IM_Communityitw)

Web & Community:

🌐https://evodefi.com/

Adam [Never DM First] : Wow! You do have our Telegram stickers! How nice of you!

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

Bà Tân | : Start session 1 AMA @evoAdam

Bà Tân | : Question1. Could you please introduce briefly your team and Evolution ?

Adam [Never DM First] : We started our project April 19 and since then our team has grown from 5 people to 11. We have 5 developers, 2 marketers, 2 designers and 2 graphic artists.

Each and every member of our team has extensive experience in its field thats why we are able to achive such a great results in such a small period of time.

done

Bà Tân | : Question2. How has the experience and background of your team been effective in the success of your project so far?

Adam [Never DM First] : Thanks to professionalism of our developers and to their ability to be a great team players development of both smart contracts for our defi project and web application has always been done ahead of deadlines. Our designers and graphical artists provide neat UI/UX and marketing team successfully spreads the word in the corresponding crypto communities.

done

Bà Tân | : Question3. Next, please share with us the vision of Evolution in the near future ?

Adam [Never DM First] : To answer this question I need to introduce you guys to the project itself 😉

We are a new word in the yield farming with a game changing feature — elastic emission per block. It reduces emission when price drops below $10 and increases it when it goes above $100.

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

🧬 Our Key Features are:

🔷 Buy, Fuse and Evolve up to 8 levels of NFT to boost your farming APR up to 50%

🔷 Burn NFTs to boost your farming APR for another 50%

🔷 Hatch, Breed, Fuse and trade NFT monsters

🔷 Fight in NFT Monsters Battle for great rewards

🔷 Trade your NFTs on NFT Market

🔷 Chose your network — Binance Smart Chain or Matic — we support both!

🔷 Bridge between BSC and Matic — exchange our native token GEN, NFTs and Mosnters NFTs between networks

And we’ve achieved all of this in 1 month! 🥳🚀

We see Evolution as a platworm where users can do everyhting that is possible now in DeFi sector. We started as a yield farm to raise enough money for development of such an ambitious goal. We aim to be as well known as Pancake 😉😎

done

Bà Tân | : Question4. What are the plans for 2021 for Evolution?

Adam [Never DM First] : We are followinf Roadmap and where it is possible and when there is a good opportunity we squeese in more features. For example this month we’ve deployed our project to the Matic network! 🍾🥳

evo-matic.com (https://bit.ly/3hfX95d)

Here is our Roadmap

As you can see by the end of this year we aim to grow really big. And with side features like BSC-Matic bridge that we are implementing simultaneously I can only imagine how much TVL we’ll lock in our project pretty soon 🤑

Currently there is only one competitor that allows smooth BSC-Matic transfers. We’ll have soon faster bridge at the same fee which will be paid in GEN tokens (our native token) which will add additional use case to it and make another step towards making our token trule diflationary.

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/1393767202109595653).

Bà Tân | : Question1. @RolandoDaniel93

(https://twitter.com/RolandoDaniel93)Since EVO is technically a farming game which has burn features with battles, lootboxes etc., what are your safety mechanics that the price of the project itself won’t fall really low? Especially for those whales who are only looking to make a few thousands here? More power!

Adam [Never DM First] : Initial killer feature of EvoDefi from its inception was Elastic Emission (https://bit.ly/3o5X6ue) of reward per block.

Elastic emission of reward per block is tied up to the price of the $GEN token — it speeds up when the price goes up and slows down when it drops:

- above $100/$GEN emission will speed up (e.g. 1.2 $GEN/block for $120, 2.5 $GEN/block for $250)

- between $10-$100/$GEN emission will be 1 $GEN/block

- below $10/GEN emission will be slowed down (e.g. 0.5 $GEN/block for $5)

Elastic emission protects the community from abrupt price volatility.

Yet that’s only the edge case scenario and we’ve all witnessed how it worked like a charm in the very start of the project. People treated us as another 1 week farm that’s gonna die as usually they all do. They didn’t do their own resaerch that we were prepared for this and price bounced back within a day 😅🥳

The most powerful mechanism to protect procet from frice fall is to show to promise what’s on the Roadmap — and we do that and even go extra mile. And that’s what we do here at EvoDefi!

We have strong community that trusts us just because of that and when all market goes red (thank you Elon 🤬) our price kept fluctuation within 5% only. Our community knows that every week or even faster we deliver something new. New UI, new feature, new token use case, conquer new markets — in one word — we constantly EVOLVE 💪🚀

And that’s our the most powerful mecanism to protect our token’s price from going down.

done

Bà Tân | : Question2.@Sem4009

(https://twitter.com/Sem4009)I would like to have a long term investment with your project but at the moment I have doubts, how can you convince and convince me that this project is very promising?

Adam [Never DM First] : If this was an elevator speach then I would say that we are a team of highly motivated truely devoted to our ambitious goal professionals who aim high to become yield farm numer 1 in the DeFi sector. We’ve passed our first stage and built strong loyal community by deads not words and we won’t stop until our name will be spoken by everyone who knows what DeFi is.

done

Bà Tân | : Question3. @tasfiya47

(https://twitter.com/tasfiya47)What is the team’s orientation and development plan for 2021 in the Defi region, why do you think Defi, this immature term, has a future? What results do you expect to achieve?

Adam [Never DM First] : DeFi matuares as we speak 😉

By the end of 2021 we want to offer to DeFi users a place to:

1) swap

2) bridge

3) play

4) create and trade NFTs

5) stake and earn

6) launch DeFi projects

7) find a job or contractor for smart contract related jobs

And so much more! 🚀

done

Bà Tân | : Question4. @Diana_4009

(https://twitter.com/Diana_4009)How was the idea of creating your project born? Do you still have that motivation and enthusiasm since the beginning of the project?

Adam [Never DM First] : We’ve been rug pulled. Twice 😅

It felt so bad.. we didn’t DYOR first time. It’s okay. Then we tried our best to find decent project and then again.. rug pulled. That felt so bad! And that’s the moment when we realized that this is our opportunity — to create secure, trustworthy, sustainable, interactive, easy to use, engaging and of course profitable yield farm.

Since the begining and until now we are getting more and more motivated looking back at how far we’ve gone so far, how splendid our team works, how loyal our community became, how much more features than anticipated we’ve delivered and how much more is ahead of us! 😍🥳🚀

done

Bà Tân | : Question5.@Eklasha5272911

(https://twitter.com/Eklasha5272911)Typically, investors buy tokens that are likely to increase in price in the future. I saw that, total supply of the token is huge.

So, do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?

Adam [Never DM First] : Not so long ago, couple of days, I believe, here’s how our tokenomics looked like:

- Market Cap — $4M

- Total minted — 582K

- Total burned — 70K

- Total amount locked by Deflationary Mechanisms — 43K

- Circulating Supply — 469K (of which 252K locked in MasterChef)

- Max supply — 5,000,000

Now

- Total minted — 733,475K which is 150k more than that.

I’d say that current circulation supply is around 580–600K.

With Max supply 5M it is just above 10%

In our tokenomics you can see such items as Total burned and Total amount locked by Deflationary Mechanisms

Total burned is what team buys back and burns — that’s a standard procedure for any yield farm

Total burned and Total amount locked by Deflationary Mechanisms is our key feature and is related to the price of the Lootboxes, Eggs, Monsters Breeding, Battle Entry fees, Monsters Revive fees, Bridging fees and others. All this mecanisms take token out of circulation.

Our goal is to provide as many use cases for the token as needed to make the number of produced tokens per day less than the number of burned & locked tokens per day.

Our goal is to make GEN token truely deflationary 💪🚀

done

Bà Tân | : End of session 2

Bà Tân | : We’ll move on to session 3

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

Bà Tân | : Rules to follow AMA : ⤵️

▫️ Join : Telegram group Evolution (https://t.me/evolution_bsc) , Evolution Announcement (https://t.me/evolution_bsc_news) and IM Community (https://t.me/imcommunityitw) , Channel Im community

(https://t.me/imcommunityit)▫️Follow: Twitter Evolution (https://twitter.com/evolution_bsc) and IM Community (https://twitter.com/IM_Communityitw)

Web & Community:

🌐https://evodefi.com/

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

Bà Tân | : COUNTDOWN

3

2

1

Bà Tân | : Thanks for the questions from the community

Bà Tân | : @evoAdam Pick the 5 best questions and answer it for session 3.

Adam [Never DM First] : Wow guys! Thank you for interest to our project! Okay, let’s do this 😉

Q1. Which one of these aspects important for you?

1-Increasing Token Price&Value

2-Empowering Platform Development

3-Building Community Trust

4-Expanding Partnership Globally

In what order?

Adam [Never DM First] : I really like this one and will reply in depth.

1 — Empowering Platform Development

We are first of all creating services for people and without pushing hard development it is impossible to be number 1. Nowadays you can’t feed community with promises — you need to deliver. You can’t expand partnership being week on the tech side — no one would want to partner. And token’s pice will be low as it won’t have much utility.

2-Building Community Trust

Once you have innovations and can compete with others community is of the highest priority. Keep pushing development to keep all promises on the roadmap, educate community, support from small requests to complex questions, grow community organically and do marketing aggressively to acquire new investors.

3 — Expanding Partnership Globally

Partnership Partnership and Partnership! It helps to reach already formed communities of other projects.

4-Increasing Token Price&Value

If you do first 3 right this one should happen naturally 😉

Q2. How do you plan to tackle the scalability issues? And how would you generate revenue to sustain your project?

Adam [Never DM First] : We went crosschain when introduced our project on Matic. Binance Smart Chain sometimes is lagging and fees go higher than usually. On Matic we haven’t experienced that. We are looking to biuld on other chains as well and of course to have bridge. Thus our users will be able to choose their network of choice and that will solve scalability question if it araises ever. I believe it won’t because BSC and Matic is capable to process lots of transactions per second 🙂

Speaking of revenue — we get 10% from 4% of deposit fee for development. It is not much but is absolutely enough to run our develoment.

Q3. Most users only care about immediate benefits rather than the real value of the project in the long-term. How can Your Project convince users invest to your platform in the long-term?

Adam [Never DM First] : That’s true and we’ve seen that in the very start. That’s were Elastic Emission per block helped us from going to zero, hehe. Those who believed in us are in profit now and will be in much bigger profit soon.

We don’t like to talk much, instead we deliver. And people see that. We roll out updates weekly and small ones on the daily basis. This builds trust without words. Without beautiful pictures, etc.

Q4. What are the list plans of your token? What will you do in the future so that your token can list other exchanges and moreover dramatically increase transaction volume?

Adam [Never DM First] : We plan to be listed on major exchanges and run there ad campaigns with welcome bonuses and trading competitions. According to our Roadmap 5 new listings are planned for this summer.

Q5. Can you indicate a feature or feature that you like best about the platform so that it can compete with other competitors? What are you most confident about for your platform? Do you have plans to get users to choose your platform?

Adam [Never DM First] : The best feature of our project is number of different by its nature features that combined together allowe user to do lots of things in one place. We’ve just started and already have

- Elastic Emission to protect price from severe volatility,

- Various token locking mechanics to make it deflationary

- Network Diversification — if anything happens to one network people can simply migrate to the other one

- Bridging between networks

- Gaming with big prizes in GEN tokens — Monsters Battle

We will add next:

- Job search/post platform

- Marketplace and Platform for NFT creators

- Launchpad platform

and so much more!

Welcome to evodefi.com (https://bit.ly/3eCKE2b)

And to evo-matic.com (https://bit.ly/3hfX95d)

Bà Tân | : End of session 3

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

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

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

Thanks to @evoAdam | Evolution joined us and provided us with Evolution information, we hope that this knowledge makes us understand more about https://evodefi.com/

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 .

Adam [Never DM First] : Yes guys, you are welcome to our community! We have vietnamese group as well — https://t.me/EvolutionVietnamese

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

🍀Jőhn L🍀 : nice AMA

thank for your time guys

Adam [Never DM First] : Thank you all dear Im Community! Thanks for your attention and interest! Have a great day!

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