Reddit AMA 25 Jul 2021
Reddit AMA
Q1: (EarnBUSD) Is there a Long-Term Project Development that will be run with EarnBUSD, if there is a project what it is, it will be very interesting if the long-term project is a success, so that some of the shortcomings in the previous SMRAT will not be repeated.
(MoonratX) NFT Gaming has recently been trending, will MoonratX in the future also develop Child Token NFT Gaming, of course with better preparation and games, so that it can be more successful, of course.
Thank you.
EarnBUSD is a child token in a whole ecosystem (MoonRatX), so it will support SMRAT. But when the other child token appears, you will see how they support each other with the MRX token. You can mine MRX from EarnBUSD but go to EarnCake to collect CAKE or EarnDoge to collect Doge and vice versa. We temporarily call it Swap Benefit between child tokens. The market will decide which child token is the best! MoonRatX will become a super #Defi dapp: earning, and trading platform. So we’re putting wallet as a top priority. We know NFT gaming with Play to Earn is trending now, however, we prefer setting a new trend: Trade to Earn
Q2: What is the end goal for MoonRatX in the next 5 years
MoonRat will become a super #Defi dapp: earning, and trading platform.You can see what we did with the Earn by holding. It makes first-time crypto owners can "stake" without do anything. We want to embrace the blockchain adoption more (like earn by holding, earn by trading) in the future.
Q3: How the team can handle the assets of stablecoin does the team have the funds to support the token?
We focus on building a great product with great tokenomics and feature design behind.
Each child token has Fund Wallet for both SMRAT and MoonRatX that help us achieve this goal. We let the market will decide the prices of child tokens, SMRAT and MRX.
Q4: What's the goal for MRX token? Just for pot mechanism?
EarnBUSD is a child token in a whole ecosystem (MoonRatX), so it will support SMRAT. But when the other child token appears, you will see how they support each other with the MRX token. You can mine MRX from EarnBUSD but go to EarnCake to collect CAKE or EarnDoge to collect Doge and vice versa. We temporarily call it Swap Benefit between child tokens. The market will decide which child token is the best!
Q5: Will I have any Instant Reward after selling or just after buying?
Both selling and buying count
Q6: How do you incentivize people to hold EarnBUSD when there trading is part of the mechanics of the token?
To be clear, we don't encourage users to do anything. We just create new innovations and "predict" as much as scenarios we can. Holding or trading is dependent on the market.
Let's pick this scenario:
You can mine MRX from EarnBUSD but go to EarnCake to collect CAKE or EarnDoge to collect Doge and vice versa. We temporarily call it Swap Benefit between child tokens. You can even buy MRX from an exchange and go to EarnMatic to collect Matic.
Let's pick another scenario: The market cap of EarnBUSD is $40m, but the market cap of EarnBTC is $22m. Theoretically, trading EarnBTC gets more MRX. So users will sell EarnBUSD to trade EarnBTC.
You see, the market will decide which child token is the best for holding or trading.
Q7: I would like to appreciate this test net It really does made people feel how to hold and manage their finances effeciently, I would just like to ask as a holder myself of Smrat, what is your price prediction in, let's say 5-19years for the token and will we be enjoying the freedom of buying it in any flatform like major exchanges?
It's a hard question even for BTC or ETH. The market decides the price.
No one can predict the future. We are trying to create it. If you join the testnet, you will see a huge difference when you are a VIP Member.
And there are many child tokens in MoonRatX. So VIP membership will be a motivation for holding SMRAT in the future!
Q8: Many have imitated EarnBusd how you get investors interested in your project. What's more, SMRAT has been completely fud before. how can devs get investors to believe in EarnBusd?
When you ask this question, you also know that copying others is easy but creating innovation is not. We gain trust from investors by doing real things: Get all the contract audited, conduct testnets, create new innovations such as Earn by holding, AntiWhales, and now is Trade to Earn. Besides, we are building a whole ecosystem step by step, not just a single token like EarnBUSD. It takes a lot of hard work to do that. So, not many teams can spend hundreds of hours like us.
Última actualización 2mo ago
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