GAINS Associates
Published in

GAINS Associates

Aloe Ecell— Telegram AMA — September 25

On Saturday, September 25, we had the pleasure to welcome to our Telegram chat:

Naveen Suman, Co-founder
Nimisha Varma, Co-founder

We asked them questions about the development of Aloe Ecell.

Some sentences have been slightly edited for readability but the meaning has been conserved.

Summary

ALOE TOKEN has many utilities which will help in scaling up this revolutionary technology along with playing a major role in solving the e-waste & landfill problems caused by the legacy batteries by bringing Aloe Vera batteries into the market & Utilizing batteries E-Waste and turning it into the Fertilizers and Crypto Tokens which will be then distributed to the users and stakeholders around the world with the blockchain technology.

Aloe Ecell encircles around the Aloe ecosystem which focuses on bringing batteries on the blockchain. They aim to commercialize our globally recognized 100% eco-friendly Aloe vera batteries, Setup an incentivized Battery collection and recycling mechanism. Commercialize e-waste to gold standard fertilizers developed from used batteries. Giving high rewards to token holders. They have been working on it for three and a half years now. Solving the problems of e-waste and people’s expectations from them have always been their inspiration.

Community is Aloe Ecells backbone. Their projects are community centred hence it requires community collaboration to fight the issues that arise as a result of bad batteries and landfills which are killing many people.
Token would be the core of the project as it will bring all the component’s together and incentivize to persuade other people to join this revolution.

Introduction

Q — Ayeley from GAINS: Please introduce yourself. What did you do before crypto and did you have any other previous venture in crypto?

A — Nimisha Varma from Aloe Ecell: This is Nimisha Varma and Naveen Suman from India, Co-founders of Aloe Ecell. We dealt with e-waste in our previous startup and worked on the reduction of e-waste. Have also worked in various other domains including supply chain mgmt, E-waste, Multi-vendor eCommerce platforms, not for profits organizations, etc. we have been into crypto trading for quite a long time.

Nimisha Varma, Co-founder

About

Q — Ayeley from GAINS: What is Aloe Ecell about in a few simple sentences? How long have you been working on it and what was the inspiration behind it?

A — Naveen from Aloe Ecell: Aloe Ecell encircles around the Aloe ecosystem which focuses on bringing batteries on the blockchain. We aim to commercialize our globally recognized 100% eco-friendly Aloe vera batteries, Setup an incentivized Battery collection and recycling mechanism. Commercialize e-waste to gold standard fertilizers developed from used batteries. Giving high rewards to our holders. We have been working on it for three and a half years now. Solving the problems of e-waste and people’s expectations from us have always been our inspiration. We wanted to save this world from these toxic batteries… it was our vision from day one.

A — Nimisha Varma from Aloe Ecell: Aloe Ecosystem

Q — Telegram user Answer my questions. 😷: The batteries are made from aloe vera, but how does Aloe persist in properties to make the battery ecological and above all non-explosive? how you collect the unused material for Aloe Ecell

A — Nimisha Varma from Aloe Ecell: Aloe vera is used as an electrolyte in the batteries and you can refer to our website and this article for more details.

Q — Twitter user @antonnio50221026: At Aloe Ecell, you have created the world’s first 100% ecological and non-hazardous batteries using Aloe vera. Can you explain what kind of devices can use these batteries? In the future could you develop other products based on Aloe vera?

A — Nimisha Varma from Aloe Ecell: Thanks for asking this question @antonnio All the low and medium drain devices like remote controls, clocks, toys, flashlights, etc can use these aloe vera batteries. Yes..after commercializing primary batteries, we aim to move towards secondary batteries and manufacture other products too.

Q — Telegram user SALMAN: You have been awarded the National Startup Award 2020 in India. How was it achieved?

A — Nimisha Varma from Aloe Ecell: it was a lengthy process of 6 months involving more than 250+ jury members including investors, entrepreneurs, etc… after several rounds of due diligence, we were awarded as the national startup award winner.

You can explore about us here. We are a globally recognized company. National awarded and many Global giants are coming together for our product development.

We are trusted by many fortune companies. and endorsed by many big names.

Here is one of our most memorable moments with Mr. Tim Draper who seems much excited about the batteries

Q — Telegram user We Are Perfect: Transparency and traceability are the core values of a project. Can you share some details about the transparency of your project? How can we be sure that you are not like other shit scam projects?

A — Nimisha Varma from Aloe Ecell: Yes, anyone in the ecosystem can monitor the same by being a part of the aloe ecosystem. It is a fully transparent system.

Token

Q — Ayeley from GAINS: Awesome. What role does the token play in the Aloe Ecell ecosystem?

A — Nimisha Varma from Aloe Ecell: Aloe Token, as we believe, is the backbone of the Aloe ecosystem. It is used for incentivizing the battery collection mechanism by rewarding the battery collectors and depositors with Aloe tokens and giving discounts on aloe Ecell products. It is used for rewarding the long term holders, community members, etc

Q — Telegram user Shumek: About All the investors hold token for short term. Can you tell us why should we hold your token for the long term? What are the benefits for holding your token?

A — Naveen from Aloe Ecell: motivation to make them hold aloe for the long term lies in our Roadmap which is going to reveal many Unprecedented utilities for Revolutionary technologies and E-Waste collection mechanism which will be adopted in many countries in coming future. to be a part of this ecosystem more and more people would join and scarcity would be created and eventually that would lead to high token demand and value benefiting long term holders.

Funding

Q — Ayeley from GAINS: How would you rate the support the project has received. Did you raise funds so far? If so, how did you handle them? Are you planning to do any future raises?

A — Naveen from Aloe Ecell: Yes, we have recently closed a deal with an Indian enterprise and were in bootstrapped mode yet and are strategically working with some of the leading organizations. Yes, we are planning to raise the next round soon. 💸💸💸

The support received from the crypto and non-crypto community has been exemplary and has motivated us head to toe. seems people really want to switch to eco-friendliness

A — Nimisha Varma from Aloe Ecell: some of our benchmarks

Competitive Advantage

Q — Ayeley from GAINS: What sets Aloe Ecell apart from the competition?

A — Nimisha Varma from Aloe Ecell: Aloe Ecell is the first project to set up a complete ecosystem right from the development of batteries to its disposal.

♻️ World’s first Aloe vera batteries, the tokenized incentivization of battery collection and recycling mechanism and creating fertilizers out of the used batteries, and incentivizing its long-term holders sets it apart from the competitors. Moreover, support from some of the leading organizations and investors adds to the taste!

A — Naveen from Aloe Ecell

Business Development

Q — Ayeley from GAINS: With respect to your roadmap, what should we expect in the next weeks and months?

A — Naveen from Aloe Ecell: Testing and commercialization of Aloe Ecell batteries and pilot of Aloe Ecell fertilizers and collection mechanism

For more information check out our whitepaper.

Q — Telegram user Jacki chang 🏋️‍♂️🏋️‍♂️: Those components are very important for any project: Team, community, and token. Explain these components in your project. Which component is more important for you?

A — Naveen from Aloe Ecell:

1. LET’S talk about the team .. we have a very diverse dedicated team only because of their expertise they were able to bring this on the ground.
2. Community is our backbone .. as our project is community every one needs to come together to fight the bad batteries and landfills which are killing us so community is really important
3. Token : token would be the core of the project as it will bring all the component’s together and incentivize to presude other people for joining this revolution

Q — Twitter user @Lalpori11: While you build your project, do you take into account community feedback and demands?

A — Nimisha Varma from Aloe Ecell: Yes, for sure because Our community and audience have been our important pillars and we tend to fulfill their needs. Thus, taking their feedback and working for them have been our important aspects of working. So, we urge all the environment and crypto lovers to join us and ask all the questions and support us in the long term.:)

Nimisha and Naveen, thanks for coming into our community, and taking the time to answer our questions. — Ayeley Commodore-Mensah from GAINS

We tried answering as many queries as we could…if you have more questions, don’t hesitate to ask us through our telegram channel or email us.

To stay updated, join our social media handles: TelegramMedium | Twitter

Thank you @ACommodore for inviting us…we really enjoyed it😊😊 — Nimisha Varma from Aloe Ecell

GAINS Associates is the World’s First Decentralized VC, allowing anyone that holds $GAINS to invest in the crypto unicorns of tomorrow. With over 3 years of experience and several ultra-high return deals, we are removing the barriers of entry to investing and changing the world, one deal at a time.

GAINS stands for Group Action Is Never Small, embodying the collaborative spirit that is the essence of blockchain and decentralization.

In addition, GAINS provides daily news, articles, video interviews as well as fun & educational events.

Website | Telegram ANN | Telegram Group | Discord | Twitter | YouTube

--

--

--

GAINS Associates provides you with the latest news and research in blockchain and crypto. It’s a community for everyone to learn and grow together.

Recommended from Medium

BEN x Messari Partner to provide Intercollegiate Fund Analysts Premium Accounts

How Do Cryptocurrencies Gain Value?

McDonald’s Job Applications Sold as NFTs on OpenSea Following the Crypto Sell-off

McDonald’s Job Applications Sold as NFTs on OpenSea Following the Crypto Sell-off

SPLabs is honored to be 1 of 7 pitching project in Vietnam Web3.0 Gathering event

Web3 Foundation Grants Recipient — Stable Asset by NUTS Finance

Crypto investment platform NeoFi secures $2.1 million in strategic funding

Thoughts on L2 tokenomics

Year-End Letter to the Community

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
GAINS Associates

GAINS Associates

World's First Decentralized VC - Ultra High Return Deals for EVERYONE - #Crypto news, insights, research. JOIN US NOW! 👉 http://t.me/GainsChat! 🚀🔥

More from Medium

NASDEX — Telegram AMA — January 14

Monthly Update — January 2022

Avocado Guild — Telegram AMA — December 19

METARUN — Telegram AMA — January 06