Terraformer x IM community AMA RECAP
🐋TELEGRAM AMA: Im Community & Terraformer 🐋
⏰ AMA Timing : 01 January 2022 l 02:00 PM UTC l 21:00 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 @Maria_2c from Terraformer���
Bà Tân | : Welcome everyone. Today Im Community will host AMA with Terraformer.
Bà Tân | : Today our guest is: @Maria_2c from Terraformer.
Ahrix : Welcome @Maria_2c to the IM community.
Maria C. : Hello everyone!
Bà Tân | : Can you introduce yourself to our Im Community?
Maria C. : Sure! My name is Maria Cocu, and I am part of the Terraformer team as a CMO ��� Thank you for having me today
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/1476747165993095170) (will choose 5 question)
Session 3: Free Asking (will choose 5 question)
Bà Tân | : Start session 1 AMA.
Bà Tân | : 1. In a few words, what is Terraformer and what are its ambitions. @Maria_2c
Maria C. : Terraformer is a liquidity stack for startups during all stages of growth, across all asset classes. On tfm.com you can launch, trade and earn. Our ambition is to be an all-encompassing platform for everything on Terra.
Bà Tân | : @Maria_2c Please say “Done” when you have finished the question, thank you.
Bà Tân | : 2. How did you come up with the idea behind Terraformer?
Maria C. : As users of Terra Blockchain, we first noticed a lack of launchpads for projects. Do Kwon (founder of Terra) announced this himself: hundreds of projects are planning to launch on Terra. But there are few platforms that can help them do so. Also, whenever you need to trade, stake, farm, or buy NFTs you have to go to a different platform.
We wanted to solve these 2 problems by creating Terraformer.
Bà Tân | : 3. Let us know more about yourself and the rest of the team members.
Maria C. : I’m part of the Terraformer team as CMO. My role is to transmit in the most transparent and faithful manner our mission, as well as creating successful Marketing campaigns. Pedro, with extensive experience in the blockchain industry, is our CEO, and Mario, an experienced and skilled engineer, is our CTO. We also count on Hatu Sheikh, Dao Maker’s CMO as our advisor. He has helped many projects achieve their goals.
Bà Tân | : 4. How do people join Terraformer and what is your role in Terra ecosystem?
Maria C. : $TFM is the membership asset of the Terraformer ecosystem. Holders get increased access and discounts across Terraformer products. The $TFM token has not been released yet, so you arrived just on time!
We are the only launchpad on Terra with an incorporated AMM for trading, and we are also incorporating pools and farms for our users. Stay tuned!
Bà Tân | : 5. Do you charge any fees on your platform?
Maria C. : Very low fees, only 0,3 UST per transaction. I want to highlight that we are the only platform on Terra Blockchain where you can pay fees in $UST instead of $LUNA.
Bà Tân | : 6. What is your edge on your closest competitors? Do you have a competitive advantage?
Maria C. : On all aspects! We charge lower fees on transactions, which as I said you can pay them in $UST (a stablecoin) instead of $LUNA. Unlike other launchpads on Terra, we incubate and accelerate our projects.Users can also stake the tokens obtained through our IDOs. And everything is in one single place!
Bà Tân | : 7. How is the state of your product development? Please, describe the Roadmap.
Maria C. : We have deployed the liquidity stack, AMM and launchpad in the last two months. In the next couple of months, we will add liquidity for the NFT market, begin our Private Sale and distribute $TFM tokens. The next step is about launching our Auction and LBP mechanism, as well as Permissionless offerings. The Beta version of the NFT market is going to tale place in the second quarter of 2022.
Bà Tân | : 8. What is the biggest challenge Terraformer is facing? How do you tackle it?
Maria C. : Development of the projects we launch is a big challenge since there is a lack of developers that work with Rust (a programming language widely used in Terra). We are continuously onboarding programmers and our CTO is training them. We do this to offer the best support possible to our projects because as I mentioned before, we are the only ones that incubate startups.
Bà Tân | : End of session 1
Bà Tân | : Session 2: Question From Twitter (https://twitter.com/IM_Communityitw/status/1476747165993095170) (will choose 5 question)
Bà Tân | : Question1. @sinh_vo20
Terraformer’s current achievements are closely related to its economic model. A feasible economic model is the basis for the development of the project. Can you tell us about Terraformer’s economic model?
Maria C. : $TFM is going to be crucial to our platform once we launch it. Staking $TFM is going to give users access to 5 different tiers: Lieutenant, Captain, Colonel, General and Terraformer. Access to IDO sales is going to be determined by these tiers
Bà Tân | : Question2. @MouseJason2r
How I can use $TFM for in TFM ecosystem? Is there any reward mechanism for holding $TFM token? What are the benefits of holding it in the long term?
Maria C. : Earning discounts on trades and in the NFT marketplace are going to be rewards in the short term. Holding $TFM in the long term is directly related to the tiers system, which are going to include a staking factor. More information about these tiers is going to be soon released!
Bà Tân | : Question3. @Tuan1Vincent
I Read that, Terraformer has Five ranks as Terraformer, General, Colonel, Captain, Lieutenant. Can you explain these 5 rankings? and the benefits of each ranking
Maria C. : We created a tiers system to give the chance to participate to all of our community members. Details on this are going to be released soon, so please subscribe to our Telegram channel https://t.me/terraformer and follow our Twitter https://twitter.com/terraformer to stay tuned!
Bà Tân | : Question4.@ThanhSerafina
How do you plan to spread awareness about your project in different countries where English is not good? Do you have local communities like Vietnam, Indonesia, Thailand, Korea,.. so they can better understand your project?
Maria C. : Interesting question! We have 9 differents chats which are managed by native people, including a Vietnamese chat: https://t.me/TerraformerVN
You can check all our other channels here: https://linktr.ee/tfm.com
Bà Tân | : Question5.@Lidiamga
Terraformer provides the technology, community-led funding. How can you help projects to have instant usecase by giving them access to liquidity even before their MainNet is launched? What procedure will be used to identify safe projects that are safe to launch on Terraformer?
Maria C. : Because liquidity shortage is one of the biggest problems all projects face.
Providing liquidity beforehand ensures that everything is going smooth once the sale starts
We only select projects that meet our standards. Then we have our expert team analyse every aspect, ranging from technical features, competitors, market use, etc
Bà Tân | : Congratulations to the winners of session 2.
Bà Tân | : Alright, Session 2 has finished perfectly. Appreciate your detailed responses @Maria_2c ���
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)
Maria C. : Thank you!
Bà Tân | : Don’t forget to join the group https://t.me/terraformer
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 @Maria_2c some time to go through them.
Q1.Q4 Do you have a telegram channel, Twitter or YouTube channel to promote your project and know the details of your project? Can we learn anything there?
Maria C. : Yes we do!
These are our socials
TWITTER (https://twitter.com/terraformer/status/1476914862102097921?s=20) | WEB (https://tfm.com/) | CHAT (https://t.me/terraformerchat) | MEDIUM
(https://email@example.com/how-to-create-a-terra-wallet-e7d5f3ca06f5)We are making an educational series on our Medium on how to use Terra Blockchain ���
And here is our Vietnamese community ���
Q2. While you build your project, do you take into account community feedbacks and demands?While you build your project, do you take into account community feedbacks and demands?
Maria C. : Big YES to this question!
An early example of this: when we launched Bitlocus, we wanted to make tickets of 500 UST to participate. But our community prefered a lower ticket size, so we changed it to 250 UST to fit their needs.
Q3. What are the ways for your project to generate revenue in the long run?
Maria C. : Appreciation of the tokens distributed and NFTs and money saved thanks to our low fees of only 0,3 UST per transaction
Bà Tân | : Thanks for the useful information from @Maria_2c
Bà Tân | : End of session 3
Bà Tân | : For questions that have not been answered today, you can send them to @terraformer for answers.
IM Community, if you would like to know more about Terraformer ! here are some useful links for you:
Official Website: https://tfm.com
Bà Tân | : Allright, I declare the Im Community AMA with Terraformer has ended.
Thanks to @Maria_2c | Terraformer joined us and provided us with Terraformer information, we hope that this knowledge makes us understand more about https://tfm.com (https://tfm.com/)
To the members, thank you for following this event to the end. winners will be announced soon.