Rapids AMA Recap (22nd July, 2020)

Kalpesh
Crypto Bharat
Published in
13 min readJul 26, 2020

๐Ÿ”ท Rapids AMA Recap๐Ÿ”ท

We organized AMA successfully with Rapids team on 22nd of July, 2020 in our telegram community group (t.me/CryptoBharatCommunity).

Thank you to Corey Strong & Matt Cimelli for answering all the questions & for choosing Crypto Bharat for AMA. We look forward to collaborating more with you in the future.

Questions were submitted in our announcement tweet here โ€” https://twitter.com/Crypto_Bharat/status/1285097415276548102 and questions were also asked on telegram by our community members.

Following is the transcript/recap of the AMA.

Rahul Contractwala:

โ—๏ธRules for AMA (now live)โ—๏ธ

Do not forget to join @RapidsOfficial and @RapidsIndia

โ€ข Group will be muted inbetween for the entire duration of the AMA. We will open the group for few minutes in between for taking in the audience questions.

โ€ข Please be polite, donโ€™t spam link and enjoy the AMA

โ€ข Please donโ€™t post queries when the group is open to the questions.

โ€ข Please ask questions related to the Rapids Network only.

Hello Community!

We have Rapids Network with us today for AMA.

Before we start this AMA we would like to welcome our guest Corey S (@crycy) and Matt Cimelli (@Matt_Cimelli) to our CryptoBharat family.

โœ“ Before we begin, Some basic rules for the AMA for our Community:

https://t.me/cryptoBharatCommunity/167843

Matt Cimelli | Rapids Network:

Hello thanks for having us.

Corey S. Rapids:

Hello everyone! Thanks for hosting us today!

Kalpesh is blogging:

Excited to have you here :)

Rahul Contractwala:

Please introduce to the community to the Rapids Network. What is it that you are trying to achieve and what are your goals? @Matt_Cimelli @crycy

Harshad Wagh:

We are equally excited to have you wonderful team over here

Matt Cimelli | Rapids Network:

Weโ€™re Rapids! Blockchain At Your FingerTips!

Rapids Network (RPD) describes itself as a community-oriented and decentralized blockchain that is focused on integrating widgets into mainstream social media platforms to facilitate the sending and receiving of payments amongst friends, family, colleagues, B2C, B2B and B2B E-Commerce.

Our goal is to be able to combine new technologies and comfort of life with the respect for nature and the planet

Mass Adoption โ€” Rapids itself is a huge community project that has hundreds of Ambassadors, and other community members, volunteering their time and energy to translate text to native language, including help with development. Lots of members have integrated RPD into their own personal projects which has helped give amazing exposure

Corey S. Rapids:

Our main goal is to make RPD available to users to transact over any platform available on the internet. Which we will have completed by the end of the day once our mobile wallet is released in the appstores.

These mobile wallets allow users to send crypto via url links to anywhere on the internet, even via sms or email!

Matt Cimelli | Rapids Network:

Whenโ€™s mobile wallet released? ๐Ÿง๐Ÿ˜

Corey S. Rapids:

Today!๐Ÿ˜‰

Rahul Contractwala:

We see you have many platforms on the network including your own hosting platform for Masternode and pooled Staking which is brilliant..

What is the Rapids World Platform?

Harshad Wagh:

Itโ€™s like a birthday gift from Rapids to users ๐Ÿ˜„

Matt Cimelli | Rapids Network:

Rapids world is our in house social media where you can join forums and keep up to date with everything Rapids, Earn Rep and compete in weekly contests.

Harshad Wagh:

Wow itโ€™s an innovative thing Rapid has achieved. Thanks for sharing the wonderful info.

Lets move on to the second question:

Where does RPD come from?

Matt Cimelli | Rapids Network:

Just our way of appreciating our community and giving something back to them for their support, also helps with any questions or queries about the network as a forum style.

Harshad Wagh:

Very impressive i must say ๐Ÿ˜‹

Corey S. Rapids:

Rapids was originally created as an erc-20 token back in august 2018, which then swapped to its own mainnet in december 2018 to give us a better foundation to create the software and products we imagined

Matt Cimelli | Rapids Network:

RPD NOW utilizes a two-tiered, energy efficient network that combines a Proof of Stake (PoS) protocol, for the creation of new blocks and the security of the network, and a Masternode network to enhance the stability, provide functionalities, and community-based governance.

Running a Masternode or Staking with Rapids has many benefits and rewards.

Each block creates new RPD which you can win for supporting our network, which is spendable within 6 confirmations! A great way to earn passive income on your holdings.

35% Staking

65% Masternode

Masternodes will enable holders to vote & submit ideas for improving the entire network and to have access to many benefits across our network; Rapids Host Platform and partnered exchanges including airdrops for trading and memberships.

august 2018 and december 2018

Harshad Wagh:

Haha thatโ€™s a very canadian way ๐Ÿ˜›

Cool, so Rapid is truly following the roadmap and timeline as per schedules

Awesome to have developed this technology and introducing RPD.

Rahul Contractwala:

โ—๏ธโ—๏ธREMINDERโ—๏ธโ—๏ธ

Join @RapidsOfficial and @RapidsIndia to be eligible for the rewards during todayโ€™s AMA

Corey S. Rapids:

๐Ÿ™Œ๐Ÿ™Œ

Harshad Wagh:

Coming to the next one, i am sure everyone would want to know this:

What tech releasings are coming up in near future by Rapids ?

Corey S. Rapids:

Well Iโ€™m sure you all know this but we have a mobile wallet due for release today! on both googleplay and appstore which some great features included! as well as a core wallet upgrade which will include cold staking and other features due to start rolling out this weekend

Weโ€™re currently working on a tipbot upgrade too which will make out tipbots available to the public on multiple platforms with a easy to use user-dashboard

Harshad Wagh:

Haha yes and we are eager to download and use it .

Wow thatโ€™s an exciting feature users would love to expeirence

Matt Cimelli | Rapids Network:

yes is been quite a development and we are excited to get it out there ๐Ÿ’ช๐Ÿผ

Harshad Wagh:

Thanks for all the wonderful answers @Matt_Cimelli & @crycy .

Now lets move onto the twitter questions which twitterati citizens must be awaiting for and to check if there question has been selected or not ๐Ÿ˜ƒ

So hereโ€™s the first question from the twitter universe to the Rapids team:

One aclaimed feature of #Rapids is FULL transparency, how can you achieve transparency of transaction saving the privacy of its parties? What is the EXTRA security we can find in rapids 2.0?

https://twitter.com/KazimKara35/status/1285578605922258944?s=19

Matt Cimelli | Rapids Network:

Awesome letโ€™s do it.

Corey S. Rapids:

Our blockchain itself is fully transparent all transactions can be viewed on the block explorer rapidsexplorer.com, Weโ€™ve added extra security to our core wallets as well as editing our binary to remove and add code to benefit the Network

Harshad Wagh:

All the best !!

Matt Cimelli | Rapids Network:

Waiting for the flood tooโ€ฆ Got my snorkel ready!

Harshad Wagh:

Letโ€™s hope dolphins and other attractive tiny fishes do grace us with their presence :p

That so cool

With these days security being the most top agenda for the users to feel trustful this does makes users at ease

Hereโ€™s the next question from twitter which is quite interesting:

Your rewards program are 35% for staking and 65% for Masternodes, why such a difference in favor of masternodes?

https://twitter.com/carmenzamorag/status/1285790246572101632?s=19

Matt Cimelli | Rapids Network:

The difference in percentages are down to the fact that people running a masternode hugely benefits the network by running through their own vps as well as being a slight incentive for users to hold a larger amount of RPD.

Rahul Contractwala:

โ—๏ธโ—๏ธREMINDERโ—๏ธโ—๏ธ

Join @RapidsOfficial and @RapidsIndia to be eligible for the rewards during todayโ€™s AMA

Harshad Wagh:

That does makes sense. Thanks for the answer Matt. ๐Ÿ™‚

Matt Cimelli | Rapids Network:

Rapids.host powered by Rapids Network..

-Run a Rapids masternode and unlock discounts, premium features within the platform and earn benefits like airdrops of new coin listings,

- Join our community pool, earning RPD rewards direct to your web wallet.

-Host your own masternodes.

Rapids Host has over 40 other coins listed and 250 live nodes creating a revenue stream for Rapids Development. Rapids Host datacentresโ€™ are run off solar panels making us eco-friendly and giving us the ability to keep costs down for our customers.

Karan Sharma:

Nice one Matt!

Harshad Wagh:

Wow thatโ€™s impressive list of features in Rapids Network

Rahul Contractwala:

Wow thatโ€™s really interesting

An eco friendly blockchain network๐Ÿ˜ƒ

Karan Sharma:

How many partners currently have trusted #Rapids Network technology and what benefits do these partners bring to #Rapids Network and vice versa?

https://twitter.com/Fermando675/status/1285579654963834882?s=19

Corey S. Rapids:

You can find a full list of our partners here https://www.rapidsnetwork.io/partners/

These partners bring a lot of Value to the Rapids Network whether it be promotion, helping with tech or even accepting RPD as payment they all play a roll in the growth or Rapids

Karan Sharma:

Thatโ€™s pretty cool

Partnership is the best thing -

United we stand, divided we fall!

Harshad Wagh:

Wow thatโ€™s big list of partners

Karan Sharma:

As we know, every successful project has a few stories behind the scenes, whatโ€™s the story behind #RapidsRPD success? Are there any special prototypes or upcoming #RapidsRPD updates that you want to show/share with us?

https://twitter.com/CryptoDrop01/status/1285851954984284160?s=19

Matt Cimelli | Rapids Network:

We have a very active team and are constantly expanding the network.

Long-term visions always change due to tech but one thing we will always strive for is the ease of use case for mass adoption. Crypto and blockchain doesnโ€™t need to be difficult; which is why weโ€™ve put time and energy into social media platforms. They already exist and we can inject RPD into their established communities.

โˆšฯ€:

In meanwhile guys check out Rapids YouTube channel and do subscribe the channel . Link ๐Ÿš€

Matt Cimelli | Rapids Network:

thank you :)

Karan Sharma:

Go hit there, and show some love from CB community guys

Matt Cimelli | Rapids Network:

Also whilst we are on the subject of YouTube we go live every Monday 2000UTC

Karan Sharma:

Time for the last question from twitter round guys, be prepared with flood gates then after ;)

Matt Cimelli | Rapids Network:

๐Ÿ“ฃ Hey Rapids!

๐Ÿš€YOU DONโ€™T WANT TO MISS THIS..๐Ÿš€

Today at 20:00 UTC comes our next TeamRPD Livestream for our Mini Game Episode..๐ŸŽ‰

๐Ÿ”ฅThis week is SPECIAL๐Ÿ”ฅ

Winners of the 1.5mil RPD from Rapids.world announced..

Plus a HUGE Rapids Network announcement during the live stream ๐Ÿ‘€

Make sure to subscribe and turn on notifications โœ”๐Ÿ””

https://www.youtube.com/c/TeamRPD

Karan Sharma:

Rapids Fast & Secure Payments Across Social Media Via Blockchain, whatโ€™s your competitive advantage, Whatโ€™s your approach to DeFi and what are the utility and incentive for Rapids, like Staking, Masternodes can you explain this

https://twitter.com/SmirnovVlos/status/1285576534128914440?s=19

Harshad Wagh:

Wow thatโ€™s incredible ๐Ÿ”ฅ

Noted ๐Ÿค“

Matt Cimelli | Rapids Network:

RPD is almost instant and availalbe to anyone making it a perfect choice to send for payments or tips.

Example โ€” RPD allows its users to send, receive and transact across social media to any where in the world for instant availability; messaging platforms, streaming services as well e-commerce websites who accept RPD via our payment gateways; Mastercard, Steam, Netflix, Mobile Top Up, Amazon and many more ways to spend RPD online.

Staking and Masternodes are great ways to earn passive income on your holdings.

Each block creates new RPD, which you then receive for supporting our network.

New RPD is spendable after six blockchain confirmations.

Masternodes will enable holders to vote and submit ideas for improving the entire network and access many benefits across our network.

These benefits will include discounts; such as Masternode hosting, trading on partnered exchanges, airdrops from newly listed coins on Rapids platforms and more

โˆšฯ€:

Yeah i guess our members are ready to bombard the group with questions ๐Ÿš€๐Ÿš€ ๐Ÿš€ get ready boys ๐Ÿ˜Ž

Ok so letโ€™s have some questions from our community .

Karan Sharma:

Time for the flood nowโ€ฆ.

Be prepared Rapid army ๐Ÿ˜œ

Harshad Wagh:

Thanks for the beautiful and spot on explanation @Matt_Cimelli

Rahul Contractwala:

Great! Thanks for introducing Now lets move towards live community round and open up the chat for community questions.๐Ÿ˜„

( Group was unmuted to accept questions from the community. Our community members submitted 600+ questions for Rapids. Wow! )

โˆšฯ€:

Go guys ๐Ÿ’™

โˆšฯ€:

Over to you @crycy and @Matt_Cimelli ๐Ÿš€

Matt Cimelli | Rapids Network:

Going to add our TeamRPD mod to help answer any questions related to TeamRPD

โˆšฯ€:

Sure

Harshad Wagh:

Wow that was an multi year record break flood of questions ๐Ÿ˜Ž

Matt Cimelli | Rapids Network:

Make @Hannes057 admin please

โˆšฯ€:

Done ๐Ÿš€

Welcome @Hannes057 ๐Ÿ™‚

Hannes_W | TeamRPD:

Hello everyone. Thanks! :)

Harshad Wagh:

Welcome Hannes

You have a herculian task of selecting the questions to answer from the mountain above.

Goodluck

Matt Cimelli | Rapids Network:

Add @tooredhot @DavleoA as admin too please ๐Ÿ˜… weโ€™ll get through as many as possible then pick the winners at the end

โˆšฯ€:

Done ๐Ÿš€

Welcome @DavleoA @tooredhot โค๏ธ

1crazyredhead๐Ÿ‡บ๐Ÿ‡ธ |Rapids Outreach| Wonโ€™t PM 1st:

thank you!

๐“๐“ต๐“ฎ๐” ๐““๐“ช๐“ฟ |๐“ก๐“ช๐“น๐“ฒ๐“ญ๐“ผ ๐“ž๐“พ๐“ฝ๐“ป๐“ฎ๐“ช๐“ฌ๐“ฑ /๐“ฆ๐“ธ๐“ทโ€™๐“ฝ ๐“Ÿ๐“œ 1๐“ผ๐“ฝ:

Thanks! hello guys

Aluta Continua Victoria Ascerta:

Do I need KYC to enjoy all the awesome features of Rapids

Corey S. Rapids:

No, no KYC is needed to use our network

ใŠ—๏ธ Mรญt Tฦก Trader ใŠ—๏ธ:

Now have many super hackers so security, scalability, and data privacy are three aspects that are very important at enterprize level, how RPD foundation handle these issues?

Corey S. Rapids:

Our Network and wallets are fully secure from any type of hack, it is down to our users to also provide extra precaution on from their end to prevent anything like this

Roshan DV:

I have done staking on staking platforms but impressed with the Staking platform of Rapids on rapids.host with its features.

What additional benefit would you give to users of Rapids wallet for cold staking.Is there a plan to include additional coins apart from Rapids.

@Matt_Cimelli

Matt Cimelli | Rapids Network:

Firstly brilliant to hear that you like Rapids.host.

Adding new coins to rapids wallet will be done and theyโ€™ll enjoy the benefits of the features also.

There are plans to connect wallet with host yes.

Alejandro Urich:

โ€ข โ€œRapidoโ€ in Spanish means fast, very similar to Rapids. Is Rapids really fast? Why did you choose that name?

โ€ข How will the Rapids team do for greater adoption of this blockchain? What advantages will you offer to users?

Corey S. Rapids:

Yes Rapids provides instant peer to peer transactions, We name it Rapids as we had planned to build a network with fast transactions!

Aluta Continua Victoria Ascerta:

Whatโ€™s is Tipbot

Hannes_W | TeamRPD:

The Tipbot is a bot do allow users to share $RPD with friends! There is also a Tipbot room ๐Ÿ‘‰ @RapidsTipbot ! There you can hang out / and share $RPD with friends! Tipbot Version 2 is also coming soon!

Emi ๐Ÿ’Œ:

How Rapids aims to help the gaming industry?

Hannes_W | TeamRPD:

Sure! We have a Gamer group ( @TeamRPD ) ! TeamRPD is focused on gaming and E-Sports! Here are weekly Minigames and monthly Tournaments for win some $RPD! :)

valen:

What are the essential requirements to run a node in Rapids Network?

Hannes_W | TeamRPD:

Rapids has its own Staking Pool here๐Ÿ‘‰ Rapids.host :) All what you need is 10 Million $RPD on Rapids Host to run a Masternode!

Tony:

Could you give me 2 or 3 key points to convince me and other angel investors invest in #Rapids in long-term?

Matt Cimelli | Rapids Network:

https://www.rapidsnetwork.io/wp-content/uploads/Rapids-Network-Presentation.pdf

Angelo Salas:

-1) How many Exchanges can I buy RPDs on at the moment?

1crazyredhead๐Ÿ‡บ๐Ÿ‡ธ |Rapids Outreach| Wonโ€™t PM 1st:

Rapids (RPD) | Exchanges (9):

โ€ข Altilly: RPD-BTC, RPD-XQR

โ€ข Block DX: RPD-(BTC-BLOCK-LTC-ETC.)

โ€ข CREX24: RPD-BTC

โ€ข GRAVIEX: RPD-BTC

โ€ข InstaSwap: RPD-(BTC-USD-EUR-ETC.)

โ€ข SWFT Blockchain: RPD-(BTC-ETH-LTC-ETC.)

โ€ข StakeCube Exchange: RPD-BTC

โ€ข SwapRPD: RPD-(BTC-USD-EUR-ETC.)

โ€ข p2pb2b: RPD-BTC, RPD-ETH, RPD-USD

โˆšฯ€:

Thanks Rapids Network team (https://www.rapidsnetwork.io )for answering our community members questions. Thank you

Great initiative for the entire blockchain ecosystem. This brings us to the end of this fun AMA.

Thank you, everyone! Stay safe.

Thanks @crycy, @Matt_Cimelli and the rest of the Rapids Team for joining us this was really exciting .

โ—๏ธโ—๏ธโ—๏ธ

Join @RapidsOfficial and @RapidsIndia to be eligible for the rewards during todayโ€™s AMA

Harshad Wagh:

Wow that was a humongous response and the special thanks to the ever talented Rapids Team for answering everything so tastfully and uptodate!!!

Rapids Network ROCKS!!!

Alejandro Urich:

Thank you Rapids team! It was a great session

Crypto Lover ๐Ÿ˜Ž:

What is roadmap in 2020 Is there will be going to any changes on your current roadmap because of this Covid-19 thing?

1crazyredhead๐Ÿ‡บ๐Ÿ‡ธ |Rapids Outreach| Wonโ€™t PM 1st:

Read the Rapids whitepaper and roadmap to learn the history and future plans of Rapids

OzCryptoFan:

Great AMA. Thanks for hosting and thanks to the Rapids team.

Kalpesh is blogging:

This was really amazing, Team Rapids ๐Ÿš€๐Ÿš€

Corey S. Rapids:

Thanks for all the questions guys! its been an absolute pleasure!

๐“๐“ต๐“ฎ๐” ๐““๐“ช๐“ฟ |๐“ก๐“ช๐“น๐“ฒ๐“ญ๐“ผ ๐“ž๐“พ๐“ฝ๐“ป๐“ฎ๐“ช๐“ฌ๐“ฑ /๐“ฆ๐“ธ๐“ทโ€™๐“ฝ ๐“Ÿ๐“œ 1๐“ผ๐“ฝ:

Yeah! Thanks ๐Ÿ‘

Hassen | ๐Ÿ‡ฟ๐Ÿ‡ฆ RPD Ambassador:

Thanks for the informative AMA ๐Ÿ‘

Matt Cimelli | Rapids Network:

Thanks for having us and the brilliant questions ๐Ÿฅณ

Weโ€™ll choose the winners and admins will announce and pay rpd over next 24hrs.

Check our @RapidsNews & @EarnRPD for updates.

Kath:

Thank you! great AMA. Thank you for your time ๐ŸŽ‰๐Ÿ’ž๐ŸŒŸ

๐Ÿ‡ณ๐Ÿ‡ฌAiku Ademola Rapids Ambassador NG๐Ÿ‡ณ๐Ÿ‡ฌ:

Meet with your ambassadors round the world!!?

๐ŸŒRapids All Round The World๐ŸŒ

#RapidsWorld

๐ŸŒŸYour Ambassadors are waiting for you.. Support your Country.

๐Ÿ’ฅLearn more and get involved with groups with your first language..

๐Ÿ’ช๐ŸผComplete captcha and start talking to members in your area..

@RapidsArabic

@RapidsAustralia

@RapidsBrazil

@RapidsDACH

@RapidsDutch

@RapidsFrance

@RapidsGeorgia

@RapidsIndia

@RapidsItaly

@RapidsNigeria

@RapidsPhilippines

@RapidsPoland

@RapidsSlovenia

@RapidsSouthAfrica

@RapidsSpanish

@RapidsTurkey

@RapidsUS

@RapidsUK

@RapidsSlovakia

@RapidsPersian

๐“๐“ต๐“ฎ๐” ๐““๐“ช๐“ฟ |๐“ก๐“ช๐“น๐“ฒ๐“ญ๐“ผ ๐“ž๐“พ๐“ฝ๐“ป๐“ฎ๐“ช๐“ฌ๐“ฑ /๐“ฆ๐“ธ๐“ทโ€™๐“ฝ ๐“Ÿ๐“œ 1๐“ผ๐“ฝ:

We are open to any questions you have, pls join our official channel @Rapidsofficial

Junkie Virus:

Great initiative for the entire blockchain ecosystem. This brings us to the end of this fantastic AMA.

Thanks to @crycy @Matt_Cimelli for giving us this beautiful opportunity to present Rapid Network to our community.

Hannes_W | TeamRPD:

Thanks for all guys! ๐Ÿฅณ

Rahul Contractwala:

Thank you Aiku. It was a really excited AMA indeed. Glad to host such an enthusiastic team ๐Ÿ˜„

๐Ÿ‡ณ๐Ÿ‡ฌAiku Ademola Rapids Ambassador NG๐Ÿ‡ณ๐Ÿ‡ฌ:

Well done Rahul.

๐“๐“ต๐“ฎ๐” ๐““๐“ช๐“ฟ |๐“ก๐“ช๐“น๐“ฒ๐“ญ๐“ผ ๐“ž๐“พ๐“ฝ๐“ป๐“ฎ๐“ช๐“ฌ๐“ฑ /๐“ฆ๐“ธ๐“ทโ€™๐“ฝ ๐“Ÿ๐“œ 1๐“ผ๐“ฝ:

Thanks for inviting us ๐Ÿ’š๐Ÿ’š

Hannes_W | TeamRPD:

Thanks for inviting us! :)

๐Ÿ‡ณ๐Ÿ‡ฌAiku Ademola Rapids Ambassador NG๐Ÿ‡ณ๐Ÿ‡ฌ:

Not only one dev, we have two permanent Dev. Did I got you right?

GreenNation:

Rapids is great

Harshad Wagh:

Thanks to all the members Rapid Team and admins of Crypto Bharat for making this event a huge success !!!๐Ÿฅ‚

Rahul Contractwala:

โ—๏ธโ—๏ธREMINDERโ—๏ธโ—๏ธ

Join @RapidsOfficial and @RapidsIndia to be eligible for the rewards during todayโ€™s AMA

Feedback and comments are always welcome ๐Ÿ˜Š

Compiled by- twitter.com/KalpeshEm for the Crypto Bharat Community.

Follow Crypto_Bharat on Twitter.

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