Sep 17, 2021

5 min read

AMA Session with Ankit Joshi & Yeo Lu from AvaXlauncher

Guest: Ankit Joshi (Founder and CEO), Yeo Lu (Head of Strategy)

Host: Iris

Introduction:

Iris: Today, we’re honored to have Ankit Joshi, (Founder and CEO), Yeo Lu (Head of Strategy) from AvaXlauncher, to our community to give us a more intuitive introduction to their unique project.

Would you like to say hello and introduce yourselves?

Yeo: I am the head of strategy for AvaXlauncher. Have been in crypto for last 4 years and worked as a developer, product person, marketeer also

Ankit: I am founder of AvaXlaucher and I handle most of the Tech part in building the platform. I have worked as a software developer, (Blockchain, solidity) my whole life and have an experience of 4 years in building blockchain and crypto products.

🚨🚨Important links for $AVXL🚨🚨

Please note the official links to trade $AVXL -

MEXC exchange — https://www.mexc.com/exchange/AVXL_USDT

$AVXL contract address

https://bscscan.com/address/0xbd29490383edfd560426c3b63d01534408bc2da6

🥞 Trade on PancakeSwap: https://pancakeswap.finance/swap?outputCurrency=0xbd29490383edfd560426c3b63d01534408bc2da6

👀 Dextools: https://www.dextools.io/app/pancakeswap/pair-explorer/0x0ca8eafd9b851228c0c7a65a43aded02b964dfd6

☔️ BNB/AVXL Liquidity: https://pancakeswap.info/pair/0x0ca8eafd9b851228c0c7a65a43aded02b964dfd6

https://poocoin.app/tokens/0xbd29490383edfd560426c3b63d01534408bc2da6

https://coinmarketcap.com/currencies/avaxlauncher/

Avaxlauncher price, AVXL chart, market cap, and info | CoinGecko

Avaxlauncher price today is $0.118093 with a 24-hour trading volume of $2,952,622. AVXL price is down -17.5% in the…

www.coingecko.com

Questions about the project

Q1

Iris: What is AvaXlauncher? Can you share with us more in detail?

Ankit: AvaXlauncher is the first Incubator + launchpad for the Avalanche ecosystem. AvaXlauncher offers a fast, secure, and efficient platform for decentralized fundraising.

We have 2 Aspects of Products in our project

1) Incubator: Our Aim is the development of Avax Ecosystem as currently there are only less than 25 projects building on Avalanche Blockchain. So incubation is very important for ecosystem development. In Incubated projects we groom the projects, team, provide tech/marketing support and get them connected with the correct people for fast paced further advancements.

2) Launchpad: Here we launch the Incubated projects as well as the other projects that come to us for getting brand awareness and launched.

We want to make sure that our commuity is only exposed to carefully vetted projects.

Q2

Iris: What triggers you to launch AvaXlauncher ? What are some of the real-world problems/ pain points that AvaXlauncher aims to solve?

Ankit: Let me talk a little about Avalanche blockchain and why we decided to build this launchpad on Avalanche —

After our careful study of comparing different blockchains, this is what we found With such amazing numbers like top of the line TPS and best transaction finality time which is backed by state of art consensus theorem for security we believe Avalanche is poised to be top considered Solidity compatible blockchain in the space. This is proved by the rapid $2.5B TLV it gained in couple of weeks.

But still the blockchain ecosystem lacks basic products that other older blockchains have. This is where we come in and try to fill the gap of the products missing and create a better wholesome ecosystem to make the market participants come and stay in the avalanche ecosystem while enjoying amazing speeds and security which by the way was even complimented by Vitalik himself.

With Avaxlauncher, we want to foster the faster, and much robust Avalanche ecosystem We believe this will even gather the retail audience to build there by increasing blockchain adoptibility as a whole.

Q3

Iris: What are some of the challenges that AvaXlauncher currently faces? How do you aim to solve them?

Ankit: Our biggest challenge is exactly what we have been trying to solve with Avaxlauncher.

We due to lack of basic supporting infrastructure in avalanche blockchain had to launch our token in BSC chain, which actually confused our audience a little bit as well

But we are now considering to move to AVAX once all ecosystem is brewed more, which we believe WE will be big contributors of.

Q4

Iris: Are there any exciting news or updates with regards to AvaXlauncher that you would like to share with the users?

Ankit: Journey of AvaXlauncher has been a very exciting one from day one!

We have got a lot of support from the community which is evident by the 3.5 Million entries for IDO Whitelist in 3 day campaign, to getting 47K+ Followers on twitter in 10 days of launch.

To recently listing on MEXC Global and Pancakeswap with an all time high of 508x on DEX and 220x on MEXC!!

These were Launch and pre launch news..

In Latest news we have announced start of our Liquidity Farming programme and Staking Programme!!

We are so excited about our Staking and LP Staking programs, that our marketing team has renamed it as “BLOCKBUSTER LP STAKING PROGRAM”

We have 2 IDOs coming very soon to our launchpad and both of them are Incubation Projects therefore LP Stakers and Tokens stakers will both be incentivised as Token Stakers will get 1x Reward airdrop of IDO tokens for staking their tokens while LP Stakers will get 2x Airdrop !!!

Q5

Iris: If you were to summarize your project in ONE word, what would it be? Why?

Ankit: hahaha, NICE question !! Let me think

BUIDLers!!!

We are building a quality product, with not only a great tech that powers it, but also with a great UI that powers it. We believe this to massively increase adoption.

We are BUIDlers, for the BUIDlers and with the BUIDlers !

Free-asking Session

Q1: What are your security measures adopted from hacking and bugs in smart contract ? Have you conducted any audit to make your smart contract safe?

Ankit: We have took our security as prime importance. While I am myself from a background with security audit experience in 20+ projects, We have been audited by the awesome team of crypticocean.com

Q2: Southeast Asia is a very vibrant market and many project developed here so what do you think about Southeast Asia and do you have any plan to develop here?

Ankit: We love Southeast Asian market. A lot of our team is from Southeast Asia and we have a lot on plate for the community. (Exclusive hint for the MEXC community — easy ways to spend your crypto tokens 😉)

Q3: What are the benefits of taking part in your project ecosystem? I am an investor. Do you have liquidity mining or single side staking after launch?

Ankit: We will always take $AVXL community first -

1. LP staking will give you a share from the reward pool, ALSO 2X IDO tokens airdropped on the wallets that participate in LP staking.

2. Staking will give you a great APR, ALSO 1X IDO tokens airdropped on the wallets that participate in staking..

Another exclusive hint for the MEXC community — Our LP staking program will be LIVE very very soon 💪

I also want to update this community first — we also have got our final security audit report for our LP staking Smart contract :)

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