November 18-th held an Ask Me Anything session at ICO Speaks telegram chat. From the Wolfgirl side there was 👨💻 Luc-Alexandre MAUCOURT | Founder | @Mirak99 Sure! I’m Luc-Alexandre MAUCOURT, Founder at the Wolfgirl project. I’m from France, and from a IT background, both in development and infrastructure. I’ve been in the crypto-sphere for years, starting from the first craze in 2017. For Wolfgirl, i handle the technical, including smart contract and Dapp, aswell as marketing and social media managment
Let’s get started! Q: What is Wolfgirl? A: Wolfgirl is a project on the BSC, centered around 3 cores: BNB Rewards, NFTs and Price floor mechanism. We went through an audit with SolidProof and a KYC with IdoPresales, both partners of DxSale, our IDO launchpad. We’re also very community driven, and will constantly organize new contests, sweeptakes etc, to make sure everyone who follow us actively will be rewarded! The whole team is dedicated to make this project not only a success short term, but also long term, and we hope to become one of the gems on the BSC! Q: How do the BNB rewards work
A: So, it relies on our tax system: 4% of each transaction is burned, and 8% goes to a secondary contract, the “Den”. Everytime the Den contains 100 000 WLFGRL or more, any user can trigger a “Hunt”, which will sell those tokens in exchange of BNB. Once 100 Hunts have been triggered, 25% of the stored BNB get set aside as “Spoils”, and every holder at that time (thanks to a snapshot) can then claim it’s share of those spoils, proportional to it’s holding at the time they unlocked.
This active system ensure that only active holders reap the rewards, as if they are not claimed when the next “Spoils” are available, the BNB leftover is put back for the next cycle, thus providing more rewards to everyone active!
Q:What are the NFTs available at launch
A: We’ll offer a first collection of 5000 Wolfgirls NFTs, with 1000 available at launch and 1000 more unlocking each week, that can only be purchased with $WLFGRL. Those NFTs are AI generated and have also passed a manual review so that we could ensure the top quality for them. Starting in Q1 2022, we’ll offer our own NFT marketplace and Auction system to not only buy and sell those between users, but also sell handmade Wolfgirls, with a lot of artists collaborations for the launch of our platform!
Here’s one of the NFT we revealed that has gained a lot of traction even internally at the team:
Q: Tell us more about the Price floor mechanism
A: So, most tokens are deflationary, but very few actively use that fact. To ensure that the constant deflation of the token is translated into real long-term valuation, and to prevent crashes, we implemented a price floor mechanism, which prevent any sell if that action would drove the price below the price floor in the contract. At launch, this price floor will start at the listing (and presale) price, and then will slowly rise for every buy of $WLFGRL. This also ensure that no dump can happen after the presale, and that ou presale participants cannot lose on our project!
The price floor is set in the WLFGRL<>BNB pair, so it’s still subject to the BNB<>USD variations, but from a BSC perspective, it is unbreakable. It’ll also be displayed in real time in our upcoming App
Q: What are you short/medium term plans after launch
A: Short term is of course listing on CG/CMC, Dapp improvments based on user feedback (goal is to slowly roll out new features in V2/V3 app, and hotfix what needs to be). We’re also in talks with several other already launched project for partnerships, but i cannot say specifics for the moment.
Once the launch and AI NFTs have all been released, we’ll focus our efforts on the release of the NFT marketplace and auction system, as our first major release post launch. This will also mark the beginning of our many artists collaborations with the Wolfgirl Project. In the meantime, anyone is free to transfer their NFTs from our ERC721 contract to any place that accept custom NFTs, as we are compliant with OpenSea Standards aswell as ERC721 ones!
Q: NFT wise, will there be more collections available after the first 5000 NFTs are sold?
A: We do plan to have more collections available! I’ve talked a bit about the artist collaboration, but, and that’s an exclusive info, we also want to offer our dear mascott a collection of her own! It’ll be of course more limited, around 20 to 30 NFTs, but we really like her at the team.
AI generated side, we also plan to offer other collections for sale once the marketplace is released. We are not viewing the NFTs as a launch/hype tool but as a core part of our project!
Q: What are your long term goals for Wolfgirl? A: So, aside from our CEXs listing and new NFTs collections, we also plan to release a game in 2022, centered around our AI NFT offerings. We have already the system in place contract-side to be able to update the informations of your bought NFT, for example adding stats, items, rarity etc. This game will let you build a team of Wolfus, and will have a PvE and PvP aspect to it. We’re in the early stage for it’s inception, so i cannot share more details, but as always we’ll keep our community updated on those developments.
We also want to ultimately offer a cross-chain service for $WLFGRL, as we are very excited for some of the other chains beside BSC out there, but that’s even further into our roadmap.
Q:The idea of project is really unique and incredible, how did this idea come about?
A: The team has a lot of experience not only as a team but as investors in the crypto-sphere aswell. We are always on the lookout for new stuff, and organically, when we decided to create our own project, these features made sense to us. Obviously some ideas were not implementable in smart contract form, but we’re very pleased with the result:)
Q: I seen that you have done many AMAs, my question is, what do you expect to get from so many AMAs and what are your goals with the community? Do you consider the community to be a fundamental role in the project?
A: We’re 100% certain that a thriving community can move montains way better than we could, even with our connections. That’s why we have a generous holding dedicated for community events, as to make sure we can keep rewarding those who follow us!
Q: If the bear market comes will your token probably dump? Do you have any plan to prepared for this bear market? How will you handle the panic sell ?
A: We’re not afraid of a Bear Market. Our price floor mechanism ensure that no crash to 0 can happen, and we have a system in place inside the contract to trigger a massive buyback and burn if the gamification comes to a stop
Q:Currently, most projects and platforms are in English. How will you reach non-English Native communities? Do you have any plan for them to better understand your project?
A: We’re partnerings with specialized groups in the middle east, Korea, russia and japan. We want this project to reach globally!
Q: Many new projects make a good impression at first but are suddenly abandoned. My question is, how will you manage the project and the token to get a position in the market and become the best token in the crypto world?
A: Our KYC binds us by law to support the project for at least one year, but we have plans for way further than that. We intend for Wolfgirl to be one of the leading project on the BSC and even on other chains !
Q: Smart contracts are susceptible to failure and many projects fall victim to this, costing users money and the project discrediting. How reliable and secure is your smart contract? Have you tested it through any of the parties?
A: The suite of contracts deployed was tested extensively on the BSC testnet, early tests can be traced back to late june 🙂 Q: Each project has interesting stories before it is created. So can you tell people about the story that gave you the motivation to build and develop a great project like yours?
A: Sure! Before we formed the Wolfgirl Team, we were all friends that met through our various investments in the crypto space. After getting scammed and lied to too many times, we decided to take our destiny into our hands, as we had all of the skills required for such a project. As i mentionned before, everyone at the team love wolf girls, and so it’s really a passion project first for all of us, and we’re thrilled to finally see it start on the public stage! Q: what is the background, of the your project, team do you think team’s qualifications, and experience, able to support the long-term development, of the project?
A: The team has a very varied background, ranging from technical like me, to more community driven, to even people specialised in social networking who give us the connections we need. Q: Almost 80% investors have just focused on price of token in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in long term?
A: Thanks to our active BNB rewards system, there’s a true benefit to holding that isn’t simply a reflection of the same token. Also, with our price floor mechanism, investors are assured that in the long run, their holdings are gonna grow in value. We believe that this combination will lead a significant portion to hold our token
ICOSpeaks hosted an AMA Session with the WolfGirl Team. That’s all for today.
