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Kamari AMA @ CRYPTO CHALLENGERS Recap

Link to start of AMA on Telegram: https://t.me/CryptoChallengersD/36573

Just do It : Hello Chat, Welcome to a special AMA session with ‘KAMARI’. Let’s welcome @RayZRay @magnitobit @kampay727 from ‘KAMARI’

Ray | Kamari: Very please to be representing kamari

Just do It: Welcome here. Thanks for bringing us ‘kamari’

Ray | Kamari: We are looking to build a universal currency for Africa. Through mass adoption and partnerships. We are encouraging our users to join the kamari ecosystem

Just do it: Before we start our first session can you introduce yourself to our community? @RayZRay @magnitobit

Ray | Kamari: Hi I’m Ray and and I’m the co-founder of Kamari / Kampay

Magnito: Hi, my name is Dov Marcus and I am the Coo of Kamari, a little bit about my self, I’ve been in the crypto space since 2012 as a trader and investor, prior to this I’ve managed built and invested in several successful multi million businesses, for me this project is all about making a difference in the world, we have the ability to change lives of millions in Africa, let’s do this together.

Just do It [In reply to magnito]: Since 2012

Magnito: Yup yup

Ray | Kamari: I have 20 years of experience in internet development. Online gaming in Asia, Europe and Africa. My previous roles have involved being the CEO of multiple gaming companies and also as the head of games for bitcoin.com. There i launch lotteries and gamings

Just do It [In reply to Ray | Kamari]: 20 years. that’s great

So, without making a delay, let’s start our AMA with basic Introduction Segment

Ray | Kamari: Hi. Thank you. Kamari started due to pressing issues with cross border integration issues in Africa. Through my workings there. We found that the whole continent was not only lacking in products and services but also the ease of monetary integration for the masses. We knew that for a project of this magnitude to succeed we needed to have a mass distribution model. Through my previous experiences we decided that the best way was to engage with the population of these territories via a product they know well and love. That’s why we have partnered with 7 national lotteries to provide the kamari wallet and encourage adoption in the jurisdictions. With this in mind we have brought on multiple partners to help grow this ecosystem rapidly. Including telcos. Defi banking solutions. E commerce platforms to name a few. Using kamari, we are able to stabilise exchange rates with the different countries in the region and along with that have the ability to pool jackpots across Africa. Just like the American Powerball and euromillions some of you may be familiar with. In our launch country Cameroon alone, we are looking to engage 14m users within 6 months of launch. We are a project that believes that crypto usage is best served where we are addressing an issue for everyday use. A lot of the users will not even feel the crypto element. Just that we have provided a faster, cheaper and more liquid user experience.

Just do it: Nice

Ray | Kamari: We are not in the planning stages. We have our licenses already and now ready to go full steam ahead. Hope that gives the community a feel of what we’re about. We have developed our wallet with dok wallet which is already available on Google Play and app store. Our first lottery will be launched on 1st August. We also have an initiative on trial for 50000 through our partnership with African grain and seed to provide microfinancing to farmers. This project will expand after initial launch next month to over 1m users in Zimbabwe alone. It is a continent of over 1.4 BN individuals after all. We hope to not only make a difference to the speed of delivery but we will also be helping build the infrastructure that will help the continent grow and develop. I could go on and on but I think the community can like and follow us in more in-depth chats in each area.

Just do It: So here’s the first question to deal with. What are the strongest points of ‘KAMARI’ that help to attract investors on the project?

Ray | Kamari: Our investors have seen the potential upside with the mass distributed model. The fact that we have very strong partnerships and adding more and more every week. We are able to be far reaching in terms of user acquisition and the services that we integrate within our ecosystem is endless. We are a ready project that is listing within 2 weeks helps to an ever increasing crypto works with low patience and a lot of noise.

Just do It: So let’s move to 2nd question. Are you ready?

Ray | Kamari: Please do

Just do It: What are you looking most forward to doing in the project? Please type done after your answer

Ray | Kamari: Good question. We’re most looking forward to having a large ecosystem in place whereby we can empower people to have better lives through access to products and services that they would not have done if not for the uptake of crypto and increased connectivity. The beginning is always the most engaging in projects as we have a unique proposition for a large area which can be scaled globally. We’re already working on a further 21 countries in Africa and hope to bring ease and change to the region.

Done

Just do It: How has the experience and background of your team been effective in the success of your project so far?

Ray | Kamari: We at kamari have been working through the region for well over a decade so we understand the ins and outs of operating in Africa and the challenges that it may present.

We have worked with all levels of society on the ground and understand the landscape better than most. We have had the pleasure to work with every level from heads of states to the everyday citizen. With this we are able to understand what the people are in need of and supply that. I think we have the biggest success with the partners we have and to understand that a project in its infancy cannot do it all and we are more than happy to bring in the right strategic partners to grow with when needed.

Done

Just do It: Q4. Could you please provide some progress on your Roadmap and what results ‘KAMARI’ has achieved so far? And any sneak peek into 2021 plans for the project?

Ray | Kamari: Yes. We are launching our IDO in the first week of June.

Watch this space for more updates this week. We will be launching the African grain at seed partnership in June and by August we will have the Cameroon lottery up and running. In terms of the rest of the year. We have the technical know-how and personnel to launch a country every 6–8 weeks from there onwards. It’s looking very exciting for the next few years. Soon users will be able to borrow/lend/spend and be entertained through a single wallet.

Done

Just do It: Can you tell us more about your business model & how has your community grown since your first launch?

Ray | Kamari: We have been lucky that our community has been active and loyal for sometime now. It’s going from strength to strength with user engagement up since our announcement that we are now ready to list and kick on. Our business model revolves around our ecosystem and providing products and services that are to be used everyday. We will not charge the user for the service but will focus on generating revenue from our commercial partners and services. The more services we have in our ecosystem the more demand we will have for kampay the token.

Done

Just do It: Thanks for that well detailed introduction about ‘KAMARI’

Ray | Kamari: A lot of announcements and partners have agreed to join the kamari ecosystem.

Just do It: So let’s move on to our second segment — twitter questions.

Ray | Kamari: Sure

Just do It: 1. In the event that Covid 19 continues for an unknown period of time, will this have an impact on your platform and this system?

Ray | Kamari: We are an online based ecosystem so as long as the world keeps moving. We shouldn’t be too affected. Getting teams on the ground from abroad has proved challenging but we have local teams in all territories to mitigate this risk

Done

Just do It: 2.Can you share the Tokenomics & Utilities details of your token? Where can I possibly purchase it and what its current price? What do you think, am I too late now to buy?

Ray | Kamari: We have 1bn tokens of which 20% Is the private round which has closed and now we are poised to be listed on launchpad in the first week of June.

We have a big announcement this week and look forward to sharing with you all. The public round will be available through our launchpad partner. We are literally at the beginning of our journey for the token so there is no better time than now to join us.

We have spent the last few years aligning ourselves with the right partnerships and distribution channels to get to this day. Once we launch. The work will only increase as we grow our teams in all the territories

Done

Just do It: 3.What is the uniqueness of KAMARI that cannot be found in other projects that’s been released so far ? And how will the demand for Kamari increase in the future? or what steps would you take to increase the demand?

Ray | Kamari: We at kamari have been working through the region for well over a decade so we understand the ins and outs of operating in Africa and the challenges that it may present.

We have worked with all levels of society on the ground and understand the landscape better than most. We have had the pleasure to work with every level from heads of states to the everyday citizen. With this we are able to understand what the people are in need of and supply that I think we have the biggest success with the partners we have and to understand that a project in its infancy cannot do it all and we are more than happy to bring in the right strategic partners to grow with when needed

Done

Just do It: 4.How does the project increase the token’s value, liquidity and utility? So that it can lead to an increase in token prices? What is your plan to make your project stable and provide the highest return for investors in the long?

Ray | Kamari: Yes, we are launching our IDO in the first week of June.

Watch this space for more updates this week. We will be launching the African grain at seed partnership in June and by August we will have the Cameroon lottery up and running. In terms of the rest of the year. We have the technical know-how and personnel to launch a country every 6–8 weeks from there onwards. It’s looking very exciting for the next few years

Just do It [In reply to Ray | Kamari]: That’s great

Q5 : Can you tell us more about your business model & how has your community grown since your first launch?

Ray | Kamari: We have been lucky that our community has been active and loyal for sometime now. It’s going from strength to strength with user engagement up since our announcement that we are now ready to list and kick on. Our business model revolves around our ecosystem and providing products and services that are to be used everyday. We will not charge the user for the service but will focus on generating revenue from our commercial partners and services. The more services we have on our ecosystem the more demand we will have for kampay the token

Done

Just do It: And that’s for our twitter segment.

Moving to our last segment live Q&A, chat get ready with your questions

Are you ready, Ray?

Ray | Kamari: Please do

Denisa Aqilla: Could you give me 3 key points to convince me and other angel investors to invest in a project for the long-term?

Ray | Kamari [In reply to Denisa Aqilla]: 7 countries at launch. 21 in progres. High level conversations to enter LATAM, Caribbean and other Asian states. We are here for the long run with Africa being our launchpad

Akhil: What are the 2 or 3 fundamental pillars of your token that will guarantee its success?

Ray | Kamari [In reply to Akhil]: Users, Users and more users. We as a crypto community have to promote mass adoption and move away from the traditional systems to further improve lives, conditions and give access to a host of products and services that there of the world have for the betterment of lives across the content and beyond.

Just do It: 3 more to go

👾👾👾: Currently DeFi project is on fire. But you know very well that contract security is a big issue in DeFi. Has your smart contract been audited? How do you guarantee the protection of users’ funds?

@RayZRay

Ray | Kamari [In reply to 👾👾👾]: Yes we do. Due to the fact that many products and services are on multiple protocols. We have a roadmap with which to be interoperable with all the top technologies globally. Our games along will be interoperable with the top 10 currencies currently and am sure we will integrate with more as other projects develop.

Mr Jekma: Southeast Asia is a very vibrant market and many project developed here so with Your project what do you think about Southeast Asia and do you have any plan to develop here?

Ray | Kamari[In reply to Mr Jekma]: We have the perfect solution for the territories and will look into more jurisdictions as the legal frameworks become more clear and evident. Blockchain is truly a borderless solution but we will endeavor to do the best we can to enter territories that need us and help them grow and provide services they would not have received otherwise.

Just do It: One more to go

👾👾👾: Which blockchain tokens can be hold in KAMARI wallet ?

Ray | Kamari [In reply to 👾👾👾]: Any of the top 20 cryptos will be available and it will be a non custodial wallet solution. So in addition to kamari. You can hold transfer and trade all your usual as well. This will be a key feature as users may require access to fiat stable coins in the future for different services or to lock in a price for their air travel for instance.

Thank you all and sorry we couldn’t answer them all. Would love for you to join our channels for more news and access to our community.

Just do It: Thanks for those informative detailed answers. Now, it’s time for wrapping up, any last words you would like to say to our community?

Ray | Kamari: Thank you all for your time and hope you learned a bit more about kamari and hope to see you all soon on our various channels. Watch our for our imminent IDO and IFO offerings and thank you for your support

Just do It: Thank you again, that’s all for today’s AMA. We are so glad to have you here with us!

About Kamari

Kamari is an African blockchain initiative focused on lottery and gaming use cases with the goal of building a unified mobile ecosystem for over one billion people. By integrating existing infrastructure and licensing with a standardized currency for gaming and payments, Kamari will instantly offer a better experience to users all across Africa.

To learn more and stay up to date, follow Kamari:
Telegram | Telegram ANN | Twitter | Facebook | Website

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KamPay integrates existing infrastructure & licensing with a standardized currency for gaming & payments, and will instantly offer a better experience to hundreds of millions of people across Africa. We are creating a world without borders.

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KamPay

KamPay

A new mobile payments cryptocurrency to unite one billion people across Africa in the first pan-African digital gaming platform.

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