TAG Protocol x IM community AMA RECAP
🐋TELEGRAM AMA: Im Community & TAG Protocol 🐋
⏰ AMA Timing : 30 January 2022 l 04:00 PM UTC l 23:00 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 | : Welcome everyone. Today Im Community will host AMA with TAG Protocol.
Bà Tân | : Today our guest is: @Tagprotocol from TAG Protocol.
Ahrix : Welcome @Tagprotocol to the IM community.
@tagprotocol — Architect : Thank you
Bà Tân | : Can you introduce yourself to our Im Community?
@tagprotocol — Architect : Hi I am vishal developer of tag protocol
@tagprotocol — Architect : We are very excited to talk to the community today
@tagprotocol — Architect : And share our work
Bà Tân | : Thanks for the introduction.
Bà Tân | : Today’s AMA will have 2 session
Session 1: Project Introduction
Session 3: Free Asking (will choose 10 question)
Bà Tân | : Start session 1 AMA.
Bà Tân | : Question1. Can you briefly describe what is TAG Protocol? We would like to know more about it and how it works. @Tagprotocol
@tagprotocol — Architect : Tag Protocol is a platform
Wherein users can register social media hashatgs
And earn tagcoins as mining rewards every hour
This works by users first registering a hashtag which are then picked up by the oracles that track performance of these hashtags
Based on performance hashtags are ranked
Based upon the rank the rewards are distributed
We want to build a energy efficient mining process
Ahrix : Please say “Done” when you have finished the question, thank you.
@tagprotocol — Architect : Done
Bà Tân | : Question2. What are the outstanding features of the TAG Protocol project compared to other projects?
@tagprotocol — Architect : Firstly we are blockchain agnostic this means tag protocol ecosystem can be moved to any blockchain
The reason we built the system this way is because we believe tokenomics is the key. And as more and more blockchains come into existence users cannot keep investing into all of them.
So we provide a consistent store of value token that can adopt all future innovation in the blockchain space
Bà Tân | : Question3. What role does the $TAG token play in your ecosystem? What are the benefits of long-term holding?
@tagprotocol — Architect : Tagcoin is the native cryptocurrency of the tag Protocol ecosystem
As mentioned earlier it can adapt many blockchains hence ensuring utility
Plus we will be releasing tagchain in future that will use tagcoin as base transaction currency
All applications built on tagchain will also need tagcoins.
So that is the proposition with tagcoin.
Bà Tân | : Question4. Regarding security, how safe is TAG Protocol’s platform for users?
@tagprotocol — Architect : Tag protocol ecosystem has deployed multiple smart contracts that are all publically available for everyone to read. Plus there are no centralised dependencies
This means whole process is automated without human intervention
Hence it is very safe.
We do keep testing our code and make peer reviews Continuously to ensure integrity of the code.
Bà Tân | : Question5. What is the development roadmap of the TAG Protocol project at present and in the future?
@tagprotocol — Architect : We have already launched all our core systems
Moving forward we are working on tagchain and various blockchain applications on top of tagchain
We will be releasing them soon
Other then that next release will be oracke staking. Essentially anyone can become an oracle and help network rank and grade hashtags
We will also start listing tagvoin on centralized exchanges over next 12 months to increase distribution
Bà Tân | : Alright, Session 1 has finished perfectly. Appreciate your detailed responses @Tagprotocol ���
Bà Tân | : End of session 1
Bà Tân | : We’ll move on to session 2
Bà Tân | : Session 2: Free Asking (will choose 10 question)
Bà Tân | : Don’t forget to join the group https://t.me/tag_protocol
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 @Tagprotocol some time to go through them.
Q1. Do you have any NFT plans and its integration ahead in the roadmap? Also do you have any passive income options and incentivization reward for a long term hoder?
@tagprotocol — Architect : All hashtags are delivered as an nft to your wallet
And also generate passive income in form of tagcoin via mining process
Q2. Do you have a Token Burning plan to increase Token value and attract Investors to invest?
@tagprotocol — Architect : Post completion of 100k htag sales in bnb user will be able to buy htags only with tagcoin. All tagcoins that are collected in this process will be burnt
Q3. Do you have a whitepaper if yes please share it with us and secondly do you have plans for pre-sale? Where can we join it?
@tagprotocol — Architect : We have a whitepapaer on Tagprotocol.com
We are not doing any pre sale for the tagcoins
They can only be collected with hashatg mining
Q4. Where can i buy token ?
@tagprotocol — Architect : Currently tagcoin is listed in the pancakeswap
Q5. What’s your main focus right now, are you focused on the community or market/Exchange or the products?Thanks Sir???
@tagprotocol — Architect : We focus on everything simultaneously
Q6. While you build your project, do you take into account community feedbacks and demands???
@tagprotocol — Architect : We love feedback and are always listening to the community
Q7. hi sir
How can users stay updated with this project? Are there channels, including local communities where users can get the latest updates???
@tagprotocol — Architect : You can join tag protocol official telegram channel
Q8. STAKING is one of the STRATEGIES to ATTRACT USERS and HOLD Them and long term. Does your GREAT PROJECT have plan about to Staking?
@tagprotocol — Architect : We have multiple staking opportunities for our users
Bà Tân | : Thanks for the useful information from @Tagprotocol
Bà Tân | : End of session 2
Bà Tân | : For questions that have not been answered today, you can send them to @tag_protocol for answers.
Bà Tân | : IM Community, if you would like to know more about TAG Protocol ! here are some useful links for you:
Official Website: https://tagprotocol.com
Bà Tân | : Allright, I declare the Im Community AMA with TAG Protocol has ended.
Thanks to @Tagprotocol | TAG Protocol joined us and provided us with TAG Protocol information, we hope that this knowledge makes us understand more about https://tagprotocol.com (https://tagprotocol.com/)
To the members, thank you for following this event to the end. winners will be announced soon.