AMA RECAP : CRYPTO CHALLENGERS x CARIBMARS

Danda Thor
7 min readAug 19, 2021

Venue : @CryptoChallengersD

Date : 28th JULY 2021

Time : 2 PM UTC

Guest : CARIBKUMA

SEGMENT 1 : INTRODUCTION SEGMENT

Just Do It | Crypto Challengers

𝗤𝟭. 𝗖𝗼𝘂𝗹𝗱 𝘆𝗼𝘂 𝗽𝗹𝗲𝗮𝘀𝗲 𝗽𝗿𝗼𝘃𝗶𝗱𝗲 𝗮 𝗾𝘂𝗶𝗰𝗸 𝘀𝗲𝗹𝗳-𝗶𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗰𝗼𝗺𝗺𝘂𝗻𝗶𝘁𝘆?

KUMA | CARIBMARS

My name is caribkuma who is a meme character in caribmars kuma 🐻🐻 kuma means bear in Japanese.Caribkuma used the name “Carib” with the hope that the treasure could be found in the services of caribmars.finance, like the treasure that sleeps in a pirate ship in the Caribbean sea.

Also, there are two reasons for using bear in meme. One is that caribmars are loved even during the bear market, a financial term used when the market experiences price declines. The other is that bears are cute, as represented by Winnie the Pooh, and Caribkuma was born by combining the word “kuma”, which means bear in Japanese, with carib.

On twitter and instagram, caribkuma adds “kuma” at the end of the word.

Due to the destruction of the ecosystem, overfishing of fur, gallbladder and manual purpose, and extermination, the population of Asiatic black bears has decreased and is endangered in many areas. Polar bears, who spend most of their lives on sea ice to feed, rest and raise children, are on the verge of extinction as the Arctic ice melts due to global warming. Over the last three decades, 75% of the Arctic summer sea ice has disappeared, and the smaller polar bears have become smaller, halving their numbers in the last decade.

caribkuma will support the environment and animals through charity, etc. while conveying the feelings of such animals.

Regards kuma🐻

Just Do It | Crypto Challengers

𝗤𝟮. 𝗖𝗮𝗻 𝘆𝗼𝘂 𝗯𝗿𝗶𝗲𝗳𝗹𝘆 𝗶𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗲 𝘁𝗵𝗲 𝗽𝗿𝗼𝗷𝗲𝗰𝘁 𝗖𝗮𝗿𝗶𝗯𝗠𝗮𝗿𝘀 𝗙𝗶𝗻𝗮𝗻𝗰𝗲. 𝘄𝗵𝗮𝘁 𝗮𝗿𝗲 𝘀𝗼𝗺𝗲 𝗼𝗳 𝘂𝘁𝗹𝗶𝘁𝗶𝗲𝘀 𝗼𝗳 $CARIBMARS ? 𝗛𝗼𝘄 𝗱𝗼 𝘆𝗼𝘂 𝘁𝗵𝗶𝗻𝗸 𝘆𝗼𝘂 𝘀𝘁𝗮𝗻𝗱 𝗼𝘂𝘁 𝗮𝗺𝗼𝗻𝗴 𝘁𝗵𝗲 𝗰𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗼𝗿𝘀 𝗶𝗳 𝘁𝗵𝗲𝗿𝗲 𝗮𝗿𝗲 𝗮𝗻𝘆?

KUMA | CARIBMARS

1) Caribmars token is created with minidoge contract creator which has a feature of auto boost and hyper deflation. Caribmars token is used for upcoming NFT platform where anyone can mint NFT to sell digital art, real asset, social media posts. Now have more than 2 million usdt real asset for NFT to sell.
2) competitors are rarible and opensea but we also have license for gaming in Costa Rica. With this license, we can provide online gaming services for users where caribmars token and other crypto can be used for play. In the future, we are going to make NFT for gaming.

Just Do It | Crypto Challengers

𝗤𝟯. 𝗖𝗮𝗻 𝘆𝗼𝘂 𝘀𝗵𝗮𝗿𝗲 𝘁𝗵𝗲 𝗮𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁𝘀 𝘁𝗵𝗲 𝘁𝗲𝗮𝗺 𝗵𝗮𝘀 𝗺𝗮𝗱𝗲 𝘀𝗼 𝗳𝗮𝗿 ? 𝘄𝗵𝗮𝘁 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗺𝗮𝗷𝗼𝗿 𝗮𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁 𝘁𝗮𝗿𝗴𝗲𝘁 𝗖𝗮𝗿𝗶𝗯𝗠𝗮𝗿𝘀 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗶𝘀 𝘆𝗲𝘁 𝘁𝗼 𝗮𝗰𝗵𝗶𝗲𝘃𝗲 . 𝗜𝗳 𝗽𝗼𝘀𝘀𝗶𝗯𝗹𝗲 𝗮𝗹𝘀𝗼 𝘀𝗵𝗮𝗿𝗲 𝘆𝗼𝘂𝗿 𝗿𝗼𝗮𝗱𝗺𝗮𝗽.

KUMA | CARIBMARS

●For technical achievement, Dex is coming after caribmars launch. We will give dex token to caribmars holders.

https://app.caribmars.finance

And user can play caribonary option at https://binary.caribswap.finance

We can use the profit of gaming and financial services profit for buyback.

NFT marketplace will come soon

●For marketing achievement
We got 300k Instagram followers and next month caribmars will come on billboard of Times Square in NYC.

And talking with exchanges to list after dex listing.

●for future road map, more games and our central exchange services will come.

Just Do It | Crypto Challengers

𝗤𝟰.𝗖𝗼𝘂𝗹𝗱 𝘆𝗼𝘂 𝘀𝗵𝗮𝗿𝗲 𝗮 𝗯𝗶𝘁 𝗮𝗯𝗼𝘂𝘁 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗮𝗻𝗱 𝗮𝗹𝘀𝗼 𝘄𝗵𝗮𝘁 𝗯𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝘆𝗼𝘂 𝗽𝗿𝗼𝘃𝗶𝗱𝗲 𝘁𝗼 𝗶𝗻𝗰𝗲𝗻𝘁𝗶𝘃𝗲𝘀 𝘂𝘀𝗲𝗿’𝘀 𝗰𝗵𝗼𝗼𝘀𝗶𝗻𝗴 𝘆𝗼𝘂𝗿 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺?

KUMA | CARIBMARS

1) Caribmars has a feature of auto boost for buyback and stability

What is autoboost?

It supports long term price stability and value growth.
This feature means that every sell is followed by an automated buy, so that large sell offs become much less prevalent.

How it works?

Liquidity fees are collected into the contract.

For AutoBoost, liquidity fees of our tokens are swapped with BNB. (Marketing BNB fee is sent to the marketing address.) There are buyBackSellLimit(maximum BNB amount per buying) and buyBackRangeRate(the range percentage of BNB amount per buying).

CaribMars Auto-Boost function is built mathematically to do variable buybacks which adjust based on volume in order to maintain stability and buying BNB amount will generate a random number between 80%- 100% of buyBackSellLimit . Then bought tokens will be burnt.

This is a one of a kind function which is more powerful than just a standard buyback token.

2) second merit to join in caribmars is holder can get dex token by holding caribmars.

(Feature of dex)

Farming & Pool & Launch
High APY can be achieved in pharming and pooling. As a unique feature, a deflation model is adopted to suppress inflation.A blockchain project or organization can launch a project and stake CARIB tokens to receive tokens for that project.
Anti whale and Harvest lockup
Transfers greater than 0.5% of total supply are rejected to prevent dumps. Harvest lockup is a unique reward lockup mechanism used to limit the frequency of harvests. It is designed to prevent agricultural arbitrage bots from constantly harvesting and dumping.

Just Do It | Crypto Challengers

𝗤𝟱. 𝗪𝗵𝗮𝘁𝘀 𝘁𝗵𝗲 𝘁𝗼𝘁𝗮𝗹 𝘀𝘂𝗽𝗽𝗹𝘆 𝗼𝗳 𝘁𝗵𝗲 𝘁𝗼𝗸𝗲𝗻 ? 𝗖𝗼𝘂𝗹𝗱 𝘆𝗼𝘂 𝘀𝗵𝗮𝗿𝗲 𝗮 𝗱𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝘁𝗼𝗸𝗲𝗻𝗼𝗺𝗶𝗰𝘀 𝗼𝗳 𝗺𝗮𝗶𝗻𝗻𝗲𝘁 𝘁𝗼𝗸𝗲𝗻’𝘀 𝘀𝘂𝗽𝗽𝗹𝘆 𝗱𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻.

KUMA | CARIBMARS

This is our token economics.Total supply is 1,000,000,000,000 CARIBMARS which is 1/1000 of safemoon

SEGMENT 2 : LIVE Q & A

Q1) From @akk1213

Which one of these aspects important for you? 1-Increasing Token Price&Value 2-Empowering Platform Development 3-Building Community Trust 4-Expanding Partnership Globally In what order?

KUMA | CARIBMARS

1-Increasing Token Price&Value

Price and liquidity is important. For this one, 90% of our token sale is sent to pancakeswap automatically. And for more liquidity, we will list more exchange.

2-Empowering Platform Development
For empowering, social media influencer is important. To involve them, we provided MFT minting services which authorized account can issue NFT for their posts or media without fake.

3-Building Community Trust

Yes very important. For this, we need solid product.

4-Expanding Partnership Globally In what order?

Yes planning to expand partnership with blockchain and non blockchain entity. We already got talent company and world championships of boxer association. And gonna work with YouTube talent company too. We have blockchain expert background so we expand partnerships globally.

Q2) From UNKNOWN

NILL

KUMA | CARIBMARS

Most solid projects with token utility and good infrastructure but perform poorly because investors dumped after listing on the first exchange. How do you prevent early investors from dumping your tokens?

→team only has 3.89% so we cannot damp with this budget. And token holder can earn from holding caribmars. Transaction fee is distributed to holders. So less merit to sell off.

And there are auto boost feature that support price.

Q3) From @harulucky

Can you please tell us more about the team vision cause many projects does good in starts and later abandoned the project? What are your strategy to increase attraction towards your project?????

KUMA | CARIBMARS

Can you please tell us more about the team vision cause many projects does good in starts and later abandoned the project? What are your strategy to increase attraction towards your project?????

Our propose is to keep and grow services. We love blockchain industry so increasing product won’t bore users and we can keep attracting users. We have financial background. All the team is not disclosed yet. One is forex, one is Defi, one is core blockchain dev, one is from securities company.

Q4) From @NakishaGaskins

I believe that CaribMars is really Great and has very big Potential to Thrive in the future. Can you please Tell me how I can do Investment with CaribMars? Do you have any ICO or maybe presale now?

KUMA | CARIBMARS

I believe that CaribMars is really Great and has very big Potential to Thrive in the future. Can you please Tell me how I can do Investment with CaribMars? Do you have any ICO or maybe presale now?

We will do public sale at dxsale. Mostly your money of ico goes to project but In this public sale, only 10% comes to project and 90% will go to pancakeswap liquidity automatically. So it’s so fair. We are planning early next month.

Q5) From @abdulazzam1505

The NFT markets are currently facing a large number of counterfeits. How do you plan to solve this at Caribmars platform to ensure that no user suffers from scams of any kind? What strategies do you use to guarantee your customers that no replicas will show up in your market?

KUMA | CARIBMARS

The NFT markets are currently facing a large number of counterfeits. How do you plan to solve this at Caribmars platform to ensure that no user suffers from scams of any kind? What strategies do you use to guarantee your customers that no replicas will show up in your market?

For competition, first we are going to be a hub of social Api. There are lots of social network platforms.

Now only Twitter, Facebook, YouTube, Instagram but more social media will come like TikTok, medium, weibo, Telegram, line, Vimeo etc.

If we can be a hub, we can be flexible to the competition.

— AMA CONCLUDED —

Follow CARIBMARS here for latest updates;

Website : https://caribmars.finance
Twitter :
https://twitter.com/caribmars
Telegram :
https://t.me/caribmarsfinancecommunity

Follow CRYPTO CHALLENGERS :

Group : https://t.me/CryptoChallengersD
Channel :
https://t.me/CryptoChallengersNews
Twitter :
https://www.twitter.com/C_challengers

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