Hamster x IM community AMA RECAP
🐋TELEGRAM AMA : Im Community & Hamster 🐋
⏰ AMA Timing : 17th Sep 2022 l 02:00 PM UTC I 21:00 UTC + 7
Venue For AMA : https://t.me/imcommunityitw
🎁 Reward Pool 100$
➡️ 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 | : Welcome @John1KL from Hamster ���
Bà Tân | : Welcome everyone. Today Im Community will host AMA with Hamster.
Bà Tân | : Today our guest is: @John1KL from Hamster.
Ahrix : Welcome @John1KL to the IM community.
John : nice to be here
Bà Tân | : Before the first, please introduce yourself a little bit @John1KL���
John : I am from Hamstercoin team. I am responsible for marketing and social media.
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/1570283469389049859) (will choose 5 question)
Session 3: Free Asking (will choose 5 question)
Bà Tân | : So let’s start the first part of the AMA — questions from Im Community!
Bà Tân | : Q1.Can you briefly describe what is HamsterCoin? We would like to know more about it and how it works. @John1KL
John : yes. of course.
Hamstercoin launched as a community project and Meme Token on the Binance Smart Chain network.
However, at the point we have reached today, it has become a powerful project that is about to create its own ecosystem.
All crypto projects exist, first of all, with their community. The greater the support and involvement of the community, the more valuable a project is.
At Hamstercoin, we have a growing community and a strong bond between our community since day one. For this reason, Hamstercoin will continue to exist as long as its community.
there is a 12% slippage for transactions in the BSC network. The incoming slippage is divided into 3, and with this slippage, it sends BTC to the holders, the pool grows, market studies and buy backs are carried out.
Bà Tân | : Our second question is…
Bà Tân | : Q2.What products does the HamsterCoin team provide to users? @John1KL
John : Besides Hamstercoin, there is also a swap system that we have started and the Cheese Token, which is the reward token of this system.
The swap system that will come with new features. Hamsterswap is a start for the Hamster Ecosystem.
There will be more exchange listings for both Hamstercoin and Cheese Token. First listing for Cheese was in this week. In Hamsterswap system, there will be governance function for Cheese Token soon.
On this system, we will have some new features more than swap. We will see growing projects in Hamster Ecosystem, which means we will see more Hamstercoin-based projects.
Our community will make decisions about the future of the project again through the Hamsterswap system.
Cheese Token is the key of Hamsterswap. Our NFT project is coming out soon on Hamsterswap. In addition, there will be different features that we can do on Hamsterswap. I can say that the most important thing we provide is Hamster Ecosystem.
Bà Tân | : Nice, thanks for such a detailed answer, lets move on!
Bà Tân | : Q3.What are the outstanding features of the HamsterCoin project compared to other projects? @John1KL
John : First of all, Hamstercoin is trying to protect its investors and has an expanding project. The system trying to protect its pool and Hamstercoin continue to grow and develop in an investor-oriented manner.
NFT Market, which will be appearing very soon, are the best examples of this.
We see that crypto gaming communities are getting stronger day by day. For this reason, we started a Metaverse project, where we can build a nice gaming community and create the usage areas of Hamstercoin.
The best example of Hamstercoin being sustainable is that it comes with constant innovations.
Many projects are progressing with the vision of the day they were released. However, a changing world requires changing goals.
I would like to explain our vision with the example of NFT.
NFT market continues to grow, we will be there with more interesting NFT games, NFT arts and NFT finance.
Our first series will be released very soon. I think they are pretty fun but one of our goals is to see our NFTs in games.
Blockchain-based games are developing day by day. However, blockchain is not liked in the gaming industry as it is in many areas.
you can’t do anything with game items you buy or win. Not possible to sell or transfer.
We want to be there with our own project when the destruction of this taboo.
It will be very nice if the gaming industry is liberated through NFTs. In this way, the players will be a reward for their efforts.
Our plans also include demonstrating the power of our NFTs. However, it is not an NFT plan limited to the gaming industry. We also have NFT plans for the financial industry and our community.
Key points of my answer are sustainability and adoption.
Bà Tân | : Great, thanks!
Bà Tân | : The other thing that our community may be curious about is…
Bà Tân | : Q4.What role does the $HAM token play in your ecosystem? What are the benefits of long-term holding? @John1KL
John : ok.
As I said Hamstercoin, there is also a swap system that we have started and the Cheese Token, which is the reward token of this system. You can stake your tokens with very good APR. And we have long-term staking features. If you lock your tokens for 1 year or 2 years you will earn BUSD additionally.
I think that popularity is one of key point for investors. Hamstercoin has been on the agenda again and again, with Twitter Ex-CEO Jack Dorsey and Elon Musk’s tweets about Hamsters. In addition, many other well-known names in the crypto world, such as Joselito, the CEO of Sxp, and Alex, the founder of Hotbit, also tweeted about Hamster. In addition to Twitter, there are many posts about us on other social media platforms. For example, many videos about Hamstercoin have been made on Youtube. As it turns out, Hamsters are very popular with crypto investors. More popular means more Attraction.
There is a 4% slippage for transactions in the BSC network. The incoming slippage for who hold more than 75b Hamstercoin.
Bà Tân | : Impressive, thanks!
Bà Tân | : And the last question is…
Bà Tân | : Q5.What is the development roadmap of the HamsterCoin project at the present time and in the future? @John1KL
John : As I said we started as a meme token. In 2021, our major goal was listing at better exchanges and growing community.
We already listed lots of Exchange and new listings are coming for both Cheese and Hamstercoin.
As I said we released a swap system and We are adding new features to our swap system. Launchpad was first feature of swap system where Cheese launched.
First Chapter NFT and NFT Market was completed. We will release it soon.
We completed a few partnerships till to today and more partnership will be announce soon.
We announced in our 2022 roadmap Swap, Metaverse project, NFT and Hamwallet.
As I said swap system was released but there will be more functions like NFT Market.
We completed our NFT Market and we will release soon at Hamsterswap system.
Our Metaverse and wallet projects are still continuing. I don’t know how many times changed but every time I like it more.
There is a lot of development going on in the crypto market and some technologies are getting old very fast.
As I mentioned before, sustainability and adoption are very important to us.
Roadmap is a statement of intent. We have stated our intentions on the roadmap.
But 2022 has been a very difficult year for crypto. We did not give up on any of our goals, but the negativity experienced slowed us a bit.
Despite everything, we are making progress on all our goals. We hope to have more good news before the end of this year.
For 2023, we plan to come with much better targets. Although we started as a meme token, our team grew a lot and we started to work very seriously.
Bà Tân | : Great answers!
Bà Tân | : Thank you for your efforts and time ���
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/1570283469389049859) (will choose 5 question)
Bà Tân | : Question1. There are many projects that deceive users by giving promises or plans that are very good and beneficial for users. Once the user joins & starts investing, the project disappears. How do you convince users that this project is good for now & in the long term?
John : Hard one, ok. Let me.
If you ask this question in our telegram group, I think you will get more objective answers from other investors. Whatever I say will remain a word. I think that you have to find the answer to this question yourself. However, I can give a little hint on this subject. When researching a project, look at what they did in a crisis.
There may be tough times, but there’s a difference between running away and staying and fighting.
We’ve had some tough times too.
We survived a hack, we had to change contracts for both Hamstercoin and Cheese, we were the target of many different manipulations and scammers.
At all critical times, the entire team was working very hard and stood by the community. Even after the hack, the price was quickly restored and the stolen tokens were returned to their owners.
That’s the thing I pay special attention to this when investing. Because our strategies don’t always work, but when we have a team we can trust, we know that hard times will pass.
Bà Tân | : Question2. Token burn is beneficial for any project, in being able to control the number of token circulation and to provide greater incentives to investors. Does #HamsterCoin have a plan about token burn?
John : Total Supply is 10.000.000.000.000.000 Hamstercoin. 56% is burned. 16% is locked. 28% is circulating.
Sometimes we burn some token to celebrate something like Jack Dorsey tweet about Hamstercoin, sometimes to attract people, sometimes for price. There will be more burn. We have 2 type burn; 1) Buy back from market and burn 2) Burn from locked supply. We run the burns sporadically to avoid possible price manipulations.
so there is no burn periodically
Bà Tân | : Question3. I read that 4% BTC is redistributed to holders HAMSTER COIN. What is the minimum value of HAMSTER token to be hold in order to qualify for this feature? Will users be rewarded BTC based on the quantity of holding HAMSTER token in their wallets? @Lidiamga
John : If someone hold more than 75billion (about 150 usdt) on BSC wallet (not in an exchange), they will share 4% of each transaction as BTCB (BTC on Binance Smart Chain).
If you hold more Hamstercoin, you will receive more BTCB that’s the only rule. There isn’t any lottery. Same reward for same token.
Bà Tân | : Question4.At the moment, all tokens go down in price even with great partnerships, hype,marketing, and working products etc.#_hamster_coin So what the challenges do you have and the plan to make your project strong popular? Are you see it as an opportunity while the current market decline? @MouseJason2r
John : Especially when the market is in bad situation, the events to be organized for the investors are very important.
I already share our intentions and what we do but we have some community activities too.
We try to keep the community alive with these kinds of events. Hamstercoin is a very generous project and has done many activities to please its community. Various events and competitions are organized and various prizes are distributed to those who participate in these competitions.
For example there was a Christmas-themed painting competition, with 1000 dollars for the 1st place, 750 dollars for the 2nd place, and 500 dollars for the 3rd place. Our biggest event was the Tesla 3 Model S draw. And various award-winning events are held in local groups.
To summarize, there are many advantages to being part of the Hamstercoin community.
Bà Tân | : Question5. Security is paramount, so, how does #_hamster_coin demonstrate that it is secure, what mechanisms or adoptions has it taken in terms of security & in case of an attack, what measures would it take to solve the situation & avoid inconveniences to its users? @etherclad
John : Yes, Security. Most important thing. Hackers damaged too much to Crypto Communities. We are hearing another hack incident or attempt every day.
We are very sorry about that. That’s why We start to monitoring all transactions on contract 7/24.
We intervene immediately in any suspicious transaction. We are using combination of Multi Sign and Time Lock on Hamsterswap System and Hamster Ecosystem.
If Developers want to change or adjust something. They sent request. Another Developer confirm and sign transaction on contract.
Then time-lock’s fixed delay is starting. During fixed delay period Developers can cancel the transaction. End of fixed delay period time-lock complete transaction.
Certik is our most important solution partner. We check all our outgoing contracts through Certik audit. We added Certik Skynet project to improve security.
We are doing our best. We know that hacking is very big problem for all. Security is very important for us.
Bà Tân | : Congratulations to the winners of session 2.
Bà Tân | : Alright, Session 2 has finished perfectly. Appreciate your detailed responses @John1KL ���
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/Hamster_Finance
Bà Tân | : Group will unmute now so everyone can ask questions.
Bà Tân | : Thanks for the questions from the community.
Bà Tân | : Now let’s give our dear guest @John1KL some time to go through them.
Q1. Can you give list 1–3 killers features of this PROJECT that makes it ahead of its competitors?
John : We have many features, but the answer to your question is our popularity. Because popularity can fix lots of thing. We are a project that is mentioned in many places such as Elon Musk, Jack Dorsey, the US Senate.
Q2. Do you have a AUDIT certificates?
are you working to AUDIT your project, so that the security of the project becomes more secure and reliable?
John : Yes we have many audit. But Certik is most important one. We are a growing project so there are lots of contract and every contract audit before launch by Certik which help us improve security.
Q3. Is your project for English speaking countries only or do you have a community for non-English speaking users? If so, are they local?
John : We have lots of local communities. You can find in our global group and if discover that a local group activity is increased we choose new mods and we arrange special events for that local group.
Q4. Your Project has a plan to educate the community, thereby raising awareness, applying and helping more people understand you easily?
John : We started a community project and i am very happy to say we are still a community project. You find all answers of questions in our community. We help each other. There are some short videos about how you stake or buy. All this made by community. We just checking for any scammers.
Q5. Do the token holders have right to participate in the governance of the project? On what kind of decisions can they vote on about the project?
John : Our governance function not released yet. But we asked to community what they want. there will be 2 type vote; 1 vote for each holder and equal to token amount vote. For example, we are creating ecosystem and new projects will be. There will be some advantage for new projects. Our holders will decide this.
John : 5 question? or more?
Bà Tân | : More if you can
John : ok how many?
Bà Tân | : 5 more answers.
Q6. I want to buy token of this project but I still don’t know where to buy it? @John1KL
John : You can buy on exchanges like MEXC or DEX like Pancake, Mdex, https://www.swaphamster.io/
If you ask this in our telegram, they will help more.
Q7. Currently most investors only care about profits at the moment but ignore the long-term benefits. So can you give them some reasons why they should buy and hold your token in the long term? @John1KL
John : You can look where we comes from and where we are going. We did lots of thing and we are doing too. Our market cap is not big. If we kept our promises and we release NFT, Metaverse and wallet our market cap and price won’t be like today. Our projects and goals are long term. So we will see when we achieve our goals
Q8. For a project development first of all main priority is having enough fund. Does your team financially capable to run this project? Do you have enough fund for it is developement Can you tell us that how your project generate the profit? @John1KL
John : No pre-sales were made during the first launch of the project, and no token were allocated for the team or investors. As a part of the community, we bought our own shares together with the investors after the fair launch. there is a 12% slippage for transactions in the BSC network. The incoming slippage is divided into 3, and one of this is marketing. To marketing, we gave a Tesla, we advertised in New York Times Square etc.. They all are important advertisements comes from marketing.
Q9. How important is the COMMUNITY to you? and how can we collaborate or help you for the development of the project? @John1KL
John : Community is most important thing for us. Firstly, you can join our communities and follow Hamstercoin on social media. The community will help you. Than you will start to help new members. You can shill on social media. For example, twitter is very important for us and most joyful part. We became lots of time trend topic on twitter both local and global. Every tweet about Hamstercoin is a part of our community art.
Q10. What features/improvements/Betterment are you planning to add to your products in the near future? @John1KL
John : In the short term, NFT will come and new pairs will be added to the swap system. And new pairs means new partnerships. In September, we completed 4 Exchange listing and more listing will be. These days everyone is very busy and hard working in Hamstercoin like DEVs are very busy with new swap features and we are busy with new listings.
Bà Tân | : Thanks for the useful information from @John1KL
Bà Tân | : End of session 3
Bà Tân | : For questions that have not been answered today, you can send them to @Hamster_Finance for answers.
Bà Tân | : IM Community, if you would like to know more about Hamster ! here are some useful links for you:
Official Website: https://coinhamster.io
John : your welcome
John : thanks for your hospitality
Bà Tân | : Allright, I declare the Im Community AMA with Hamster has ended.
Thanks to @John1KL | Hamster joined us and provided us with Hamster information, we hope that this knowledge makes us understand more about https://coinhamster.io (https://coinhamster.io/)
To the members, thank you for following this event to the end. winners will be announced soon.