Ask Me Anything with RocketNetwork at ICOSpeaks
February 1-st held an Ask Me Anything session at ICOSpeaks telegram chat. From the RocketNetwork side there were:
Before we go to the first set of questions, could you please do a short self-intro?
👨💻 Youssef | CEO of Rocket Network | @mcmundocripto
Sure, me name is Youssef. I am 20 yrs old and I am from Morocco, I was living in spain and now I am living in Germany.
I am trader, teacher, website designer and a blockchain developer
👨💻 Pablo | Co-Founder and Marketing Manager | @blogar89
👨💻 Aloy | Co-founder and Spanish Lawyer | @AAAtonii
Let’s get started!
Q: What is the project about? What are the main goals you set for it?
A: The project is a Binance Smart Chain coin, we love it and we treat it like our son. Our main goal is listing on Binance Exchange.
Our main goals is just reach the level of shiba inu, safemoon, akita inu, dogecoin maybe etc… and make it 100% decentralized so that we as a team have no more power than an investor. Then compete with them with our unique token metrics.
Let me give you a short description about the coin:
A long term digital cash experiment using deflation and fee redistribution to become a safe digital store of value.
Thanks to the Binance Smart Chain the RAKET coin competes in one of the most advanced blockchains in the cryptocurrency space.
As the circulating supply of the coin will decrease because of deflation, the scarcity and the value of the coin could increase.
This inversely proportional relationship experiment coin constitutes a supply and demand model that will benefit the RAKET coin long-term.
Q: Who are your competitors? What advantages/ disadvantages you have against them?
A: Our big competitor I would say is FegToken actually. We wanna build something like them, so they are the leading ones now in this kind of project that we want to build. Yes because in my opinion we can get a market share just by having the deflation and fee redistribution on our coin metrics.
Q: How do the Smart Fees work?
A: Yes, the Smart Fees. This is the auto distribution that i mentioned earlier, we’ve called it Smart Fees.
Let me explain what will happen: Each time you make a transaction a 2% fee will be deducted in total
1% to auto redistribution
1% to deflation contract (burn address)
Thanks to delation this will happen: The circulating supply of the coin will decrease, this means the scarcity and the value of the coin could increase.
Thanks to auto redistribution this will happen: A coin that enriches people on every transaction
If that is not enough, to make it more sustainable in the future, a smart contract will activate the fees and desactivate them every 1 year
DeFi Fees Smart Contract:
• Fees will be activated & deactivated intermittently by a smart contract every 1 year.
• This will allow a sustainable growth in coin burns and redistribution to all coin holders long-term.
DeFi Fees Smart Benefits:
• The decentralized contract allows sustainable coin redistribution growth during one year.
• The next year will allow 0 fee transactions to move them around or maybe even pay with your coins in McDonalds
And we’ll try to make it 100% decentralized
Q: Is the project already launched?
A: No, the project is still not launched.
Tomorrow is the last day to buy the presale. In the presale you get cheaper tokens than on listing
Listing will be on February 5th at 14:00 GMT+ on PancakeSwap
We’ve got everything ready between February 2nd and 5th
The process will be RNK > BRIDGE > RAKET (locked) > LISTING (raket) > BUY RAKET ON PANCAKESWAP > WAIT FOR FIRST UNLOCK > WAIT FOR SECOND UNLOCK
If you buy on PancakeSwap after listing those tokens will not be locked
Only if you buy RNK now before February 2nd will be locked
Please don’t sell after unlock, only sell if you need the money
Q: Tell us more about Tokenomics?
A: Sure, let me share them to you with this image. It’s on our webiste www.rocketnetwork.live
Let me share with you also the supply distribution
Q: What are the main milestones for the project roadmap to be achieved during 2022?
A: First of all get us lised on PancakeSwap
Launch our “Today” cryptocurrency news platform
Resume our games tournaments
Listing on Hotbit Exchange
Make partnerships like we just did with you guys @icospeaks
Acude to meetings, conferences, talks and meet relevant people
And much more that we may need to do it on 2023 (Maybe we’ll launch our own DEX guys)
Q: Have you project been audited? Or is planning to run one of the audits?
A: Yes it has already been audited by Solidity Finance LLC.
But this was just temporary, the audit that we really want will be with Certik. Let’s see how we manage to raise funds to get audited by them, because actually they’re very expensive and we are still on the beginning of the project.
And of course after Certik we won’t stop there, we’ll keep doing more audits and taking security measures
Q: Tell us more about current and upcoming partnerships? What role are they playing for your project?
A: We wanna go to dubai and meet people, i think that tells you everything hahah
We wanna have conversations with all of them.
And of course build long term relationships.
What role will they play? Well, just like an influencer influences people, someone like a big cryptocurrency youtuber can influence his subscribers to do research about Rocket Network, and that’s enough, the main thing is to actually have a relationship with em
Q: What’s your main focus right now, are you focused on the community or market/Exchange or the products?
A: We are trying to have balance between all, but keep focusing on the important stuff regarding the project first and have some time also for the community
Q: Where can I buy your tokens now?? Can you tell us please?
A: Is in our website, we are having a presale
Buy here: rocketnetwork
Q: Marketing is a central element for every project, so that everyone knows the potential that a project can bring is vital to achieve the goals set. What is your strategy to attract new users and Investor to your platform and keep them long term.
A: That’s a very good question, we try it, we just keep trying, learning, writing notes, taking advice… Etc… It’s not that easy to run a project like this but we are capable of doing everything, it is just that we are not that famous yet and don’t have that much budget for marketing like a big project has for example
Q: Are you a global project or local project? At present, which market are you focus on, or is it focused on building and growing to gain customers, users and partners?
A: Global, main segmentation is meme coin inversors.
Growth comes along with it
ICOSpeaks hosted an AMA Session with the RocketNetwork Team. That’s all for today.
Thanks to all users who participated.
Thanks, RocketNetwork for being with us
Thanks, all and see you soon😉
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