Wolfonaire Chatbox : AMA With Arise Finance (19th April, 2021)
Hello! Wolfonaire Family & Crypto Enthusiasts!
We recently hosted an AMA With Arise Finance on 19th April, 2021 at 8.00 AM 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…
Guest Speakers :
Mr. Alex | Marketing Director, Arise Finance
Arise Team : Arise Master, Arise Legend, Arise Together
(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.)
Arise Legend : I’m Alex, Marketing Director of Arise Finance, I have got my first bitcoin in 2017, and converted 95% of my net worth into crypto in 2018, and I decided to go full-time crypto in the last 2 year, we have done several projects related to privacy & blockchain applications. So This year I met Nathan (Arise Master) and decided to do something bigger.
Wolf : Good To Hear 🍻… 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?
Arise Master : Luckily we managed to deliver the products side of the roadmap, but trust me when I say. It’s full of challenges along the way to come this far to the public sale.
We met a lot of scammers too, who asked for payment and then just gone 😅 But the important thing is, we learn and adapt everyday. So I guess it’s part of the journey that we are going.
Wolf : Awesome 👌🆒️🙌
Arise Legend : Marketing is also challenge in this blockchain industry, we have many marketing experienced in others finance industry but when we do mkt for Arise, we must think very carefully about what we do to make community connect with each others and easy understand as much as possible, because of not many people well known about blockchain.
Wolf : What was your inspiration throughout the journey of Arise Finance? How has the artistic and creative vision of Arise Finance changed throughout its development?
Arise Master : At Arise Finance, no, at the very start, we aim to build innovative products that bring unique values, that solve real problems from users. Creativity & innovation are our foundation to kickstart the project?
Before the private sale, a few core members of the team did relentless research for solutions, and testing tirelessly. We believe with enough dedication and certain skillsets, you can manage to do anything.
Regarding the creative vision, I’d take it relevant to NFTs. At Arise we believe NFTs must have a certain value, a store, a history behind it. What we did is create our own NFTs to celebrate certain milestones of the project. So the vision still remains the same in this regard.
Wolf : Great…
Lets Start Community Round
Now Group Question & Answer Session Began
Q1. What is the role of token in the ecosystem? Where can users currently buy it, and what would be its use?
Arise Legend : I’m gonna start with this one.
In Arise Ecosystem, ARI has the following roles:
- Farming rewards for community
- Golden tickets to have exclusive access to our defi suites of products.
- The token is deflationary, combined with the fact that its needed to use the our products, the token economics behind this is set to push ARI value up over time.
How to own ARI right now? There are 2 ways:
Join the public sale right now on Unicrypt. More details:
Wait for ARI to be listed on PancakeSwap in the next 30 hours.
However, the public sale price is lower than the listing price, so joining now would be a better idea.
Public sale price: 1 BNB = 14000 ARI
Listing price: 1 BNB = 12000 ARI
Q2. Many scam projects in the market. I would like to invest in your project but I habe doubt. Can you assure us that you are not like others and there is no chance of scam?
Arise Legend : Great question. I believe many people will be interested in hearing about this one too. So here’s how I see it. Scams projects are those who do not have fundamentals, such as working products, real use cases, audited contracts, or operate in a way that requires a significant amount of trust from community members.
Q3. Scams projects are those who do not have fundamentals, such as working products, real use cases, audited contracts, or operate in a way that requires a significant amount of trust from community members?
Arise Legend : So at Arise, we believe we have set ourselves completely apart from those scammers, with:
- Smart contract audited by Solidity: https://solidity.finance/audits/Arise/
- Liquidity will be automatically added to PancakeSwap & locked for 1 year.
- The team has locked 76% circulating tokens on Team Finance to prevent dumping possibilities on the trading pair https://team.finance/view-coin/0xa861F33D8AC80b64C1B8C7b4C99599474b79888a?name=ARISE&symbol=ARI
We have working products and are delivering more products in next week
We have partnered with strong artist communities to work on NFTs
Q4. Many new projects initially developed well but were suddenly abandoned. How will you manage your project to get your position on the market and become the best project in the blockchain world?
Arise Legend : In the beginning, we are focusing more on the community and retail investors than big VC, because we want our products can truly bring benefits to our end users, which also our traders, farmers, or investors, and grow sustainably first, then after that we can scale up and meet VC later when everything is well organized and mature.
Q5. NFT is very hot trend now, do you pretend to catch up with this trend or still follow and focus your original roadmap? create values, not create TREND !
Arise Legend : In my opinion, NFT will be booming this year and growth more in future
It create the demand space for artist and gamer or anyone can exchange or store their creative value
NFT in our ecosystem also play a very important role, that why NFTs market place is also on our roadmap to deliver in the next 2 months.
Every NFTs of us, are customized designed for ARI members, and our special events.For examples, we had a collection for our community to reward members who joined private sale.
Every collections have it own values, the longer you hold our NFT, the more value you can get. In our first NFTs collections, one member managed to sell 1 rare NFT for 300 BAKE. The value of NFTs from our project will grow along side with the project. Just like the first tweet on Twitter was sold as NFTs for millions of dollars.
This is the first NFTs created by us, and were used to reward Private Sale participants.
And this is the latest ones to reward public sale participants.
Q6. Staking is a great way to hold investors and rewards user. Does your project support staking?
Arise Master : For sure… Not like others project just pump & dump or continuously mint token
Our ecosystem is designed to support for long-term farming because:
- We offer a high enough APY to attract new investors, however, the reason the value of ARI token will not be much affected is that rewards will come from Farming & Vault funds. The $ARI rewards release is carefully calculated to balance between inflow & outflow of cashflow.
- The main reason for price drop from other farming projects is because they mint tokens continuously, while Arise do not have such mechanism. Instead we have a fixed supply of ARI and their supply will only go down.
- The quantity of $ARI rewards is fixed at 12.5% total supply in the very beginning. Therefore, in the future, the value of ARI token only go up because we have both fixed rewards, fixed supply.
- We believe that we have an excellent marketing team & partners to push our project further & faster right after we launch. Imagine that when our community grows, fix rewards only limited, supply only goes down, so ARI token price will have a high chance to go up.
Q7. What tools Arise implements to maximize and have a better performance of daily trading, farming, gaming, NFTs and more?
Arise Legend :
- Dex aggregators to offer the best rate for traders.
- Defi aggregators to find the best farm with high APY for farmers.
- Innovative Farming with retirement vault: paid out in BTC & NFTs.
- The first real time trading chart tool on BSC.
- IDO platform using NFTs as entrance tickets & tiers classification.
Q8. What are your plans to educate and raise awareness and adoption among the community to make more people understand ARISE and its technology?
Arise Legend : We have already created education materials & marketing + products documents to let new users easily understand us on all social media channel like Twitter, Reddit, Discord & Telegram.
But in long term, we will focus on some big market like China, Indonesia, India so that we will customize more about our documents to fit with these markets.
Q9. What is total supply ? Are your plans to focus on market or to grow community?
Arise Legend : Our token has total supply 100 mils, but it deflation to 97 mils now, and keep burning, you can just only hold to get more token distributed by sellers or transfer transactions, and after public sale, even if we hit hard cap, the market cap will be only 700k$, still very small compared with others project.
Now the session ends with lots of thanks to our Guest Speakers…
Here are some important links of Arise Finance