Wolfonaire Chatbox : AMA With Apple Protocol (November 18, 2020)
Hello! Wolfonaire Family & Crypto Enthusiasts!
We recently hosted an AMA with Apple Protocol, on 18th November, 2020 at 05:30 PM UTC. This Session was phenomenal. If you have missed then here is the precious AMA transcript, for those who missed the live session this will enlighten you for sure…
(Note: This is the transcription of the event. Please note that the transcript was edited for comprehensibility and coherency, while the content was not changed.)
Francis : My team is a group of Crypto enthusiasts and experts who In their research saw the need to build a project that will represent apple company which is multimillionaire company that deals both in stock and tech products.
Wolf : For our members who are not already familiar with the project, can you give us a very high-level overview of what Apple Protocol is and what competitive edge it brings to the DeFi landscape?
Francis : Apple company is a trillion dollar company, not only the apple stock but the tech company also. DeFi is one of the hottest places to be right now as it provides decentralized financial services that were originally offered by the centralized finance institutions to anyone with cryptocurrency and an Internet connection.
Apple Protocol is one of the latest protocol offering cutting edge DeFi services. AAPL will in future be the ultimate token for purchasing and trading apple stock. With AAPL, users will be able to stake/farm with ease and confidence.
Wolf : Creative, Awesome👏👏👏…How do holders of the Apple Protocol token benefit in the ecosystem? What power within your model do individuals hold? Why is it so attractive and what are the basic requirements to participate?
Francis : The holders of AAPL will be able to benefit from holding AAPL tokens through staking of their tokens with our system which will be developed to have a high ROI. 18% of our supply is kept aside for rewarding holders who are willing to stake their tokens.
Wolf : Good To Hear 👏👏👏
Francis : APPL is a community driven project so holders will have the power to determine what happens in AAPL, on-chain voting which allows free cost voting will only be allowed for verified holders of AAPL tokens.
Wolf : Great Francis 👏
Francis : The basic requirements is just to own some AAPL tokens. Kindly note that users who hold more tokens will earn higher profit when they stake and has more voting power.
Wolf : Did you find any threats till yet like smartcontract failures.When we think about mass adoption,security should be our first priority?
Francis : No treats yet and we assure users there will not be anything like smartcontract failures. As for security our smartcontract will be fully audited by blockchain consilium.
Wolf : Phenomenal👏…Have you met all your goals in the roadmap till now? And were there any difficulties that you didn’t expect and were not prepared for?
Francis : According to our Roadmap we are following it accordingly and have achieved all that we are supposed to achieve as of now. The only difficulty we have encountered is our twitter handle that the bot flagged a wrong report on which was down for todays, but we have restored it.
Wolf : Getting Positive Vibes 🔥. Final Question:- What’s the story behind $AppleProtocol success? Are there any special upcoming plans from $Apple Protocol that you want to share with us?
Francis : The success recorded by this project so far, did not come over night, we cannot rule out the influence of the team members, they have been very invaluable in the course of developing the project.
All the upcoming plans is detailed in our roadmap.
Wolf : Awesome! Francis…Let’s Move For Community Questions Session
Now Group Question & Answer Session 1 Began
Q1. One of the most used methods to demonstrate credibility in a project is to lock funds for a period of time and have a reasonable development fund. Can you explain your plans regarding tokenomics and inventories for hold in the medium and long term?
Francis : According to our tokennomics we have some percentage that is for uniswap and it will be locked for 3 years. The tokens for stacking is enough to take care of the staking rewards for the coming 2 years.
Q2. Can you explain what is the relationship between APPL token and AppleINC shares? ie is APPL supported by shares, or how does it work?
Francis : Apple protocol is not directly connected to apple Inc, but by the way of development, we are building a system that will allow users to purchase real apple stock with AAPL tokens and also buy apple products and be able to pay for apple services.
Q3. Many projects rug pulled and exit scam recently. Why should investors trust your project not to do the same?
Francis : Because of the much recent rug pulling in the system, we decided to list on Hotbit to build investors confidence, we will be listing on other Crypto Exchanges after our Presale.
Q4. Recently the countries restrictions has stopped the growing of New projects, so considering that you have a live Presale right now, so you have countries excluded to participate?
Francis : No country is excluded to participate.
Q5. Besides Hotbit, what other listing plans do you have in mind? Do you plan to list APPL on Uniswap or another centralized or decentralized exchange? some tentative dates?
Francis : Yes we will be listing on uniswap after Presale and the liquidity will be locked for 3 years.
Now Group Question & Answer Session 2 Began
Q6. APPL intends to be used to buy products of the company. In which regions of the world do you plan to introduce this system in the first instance?
Francis : It will start in regions with higher crypt knowledge and adoption.
Q7. Currently attracting real users and mass Adoption is a problem for Blockchain projects. So how will $AAPL solve this problem?
Francis : We will go through well known companies like Amazon and the likes of it.
Q8. Currently a lot of crypto investors use phones to work, so does Apple Protocol have a plan to develop a platform on IOS or ANDROID?
Francis : Sure there is plan for our mobile application but this will be by the first quarter of 2021.
Q9. What is your future goal of this project?
Francis : To build a Crypto currency that fully represents the Apple Inc.
Q10. Does AAPL has it’s own Blockchain?
Francis : No it is built on Etherum Blockchain.
Now the session ends with lots of thanks to our Guest Speaker…
Here is some important links of Apple Protocol ⛓⛓