AMA RECAP : CRYPTO CHALLENGERS x REVOLVER TOKEN
Venue : @CryptoChallengersD
Date : 25th AUGUST 2021
Time : 6 PM UTC
Guest : REVOLVER DEV PAT
SEGMENT 1 : INTRODUCTION SEGMENT
Ro45 | CRYPTO CHALLENGERS
1. Could you Guys please provide a quick self-introduction for the community?
Pat | REVOLVER
Yeah, so I’m not really sure my personality relays well in text. But I am Pat. The lead dev of Revolver Token. I have been in the crypto space since 2014. In the DeFi space since 2018.
Ro45 | CRYPTO CHALLENGERS
2.Can you briefly introduce the project REVOLVER TOKEN what are some of utlities of $RVLVR ? How do you think you stand out among the competitors if there are any?
Pat | REVOLVER
So we are similar to other reward tokens. What set us apart is the fact that we are looking to not reward our holders with BNB, BUSD, ADA, ect. (The norm of the space) but instead we are cresting partnerships with other developers and tokens and hosting their token for a week as the reward.What this partnership creates is the use of multiple communities benefiting eachother.The tokens are vetted, the contract is checked by us and the legitimacy of the project is determined before any partnership can occur.We look for tokens that have active developers, and have progress on their projects.Something that we determine to be a gem.
Ro45 | CRYPTO CHALLENGERS
3. Can you share the achievements the team has made so far ? what are the major achievement target REVOLVER TOKEN is yet to achieve . If possible also share your roadmap.
Pat | REVOLVER
So far we have secured partnerships with 5 tokens. We are successfully hosting a token right now that has just applied applied CMC(so all of Revolver holders got in before the CMC pump).
Ro45 | CRYPTO CHALLENGERS
4) Could you share a bit about security and also what benefits you provide to incentives user’s choosing your platform?
Pat | REVOLVER
We have completed a doxxed audit with DessertSwap for security and I am also doxxed with Reliance Hub.We offer some of the lowest taxes in the reward coin space and also we have a very talented team who is working around the clock on this project.The biggest takeaway here is we are gem hunting 24/7 for our holders and truly looking for every investor to prosper from the rewards they’re given
Ro45 | CRYPTO CHALLENGERS
5.Whats the total supply of the token ? Could you share a detailed tokenomics of mainnet token’s supply distribution ?
Pat | REVOLVER
1b total supply
40% presale
35% lp
15% pooling/farming(10% vested)
5% project expansion(locked)
5% whitelist
SEGMENT 2 : LIVE Q & A
Q1) From @Muhammed786c
Mass adoption is one of the big problem for blockchain projects. So how will Your Project solve this problem in order to achieve adoption in reality?
Pat | REVOLVER
This is what we are creating by partnering with other tokens. We envision a space where tokens can coincide with eachother providing benefit on both sides of the court.
Q2) From @Mahfuj333
I think RVLVR great, so how is the way to buy $RVLVR Token? any presale and publicsale?
Pat | REVOLVER
You can buy on pancakeswap now. The link to buy is on our website at RevolverToken.com
Q3) From @Angel_2001U
⚡Which do you think is more, important :
1) Community.
2) Investors.
3) Token Price.
If all of the above is important to you, which should come first
Pat | REVOLVER
Investors, which make up the community.
Q4) From @Nadeempopz
Smart contracts are vulnerable to bugs, and even recently three big new DeFi projects were victims of this, costing users funds. How efficient and secured is your smart contract, and did you ever audit it via any external party? #REVOLVERTOKEN
Pat | REVOLVER
Yes with DessertSwap was completed before launch.
Q5) From @R1Ixoraa
Hello Sir,
here is my question..
There is a widely held belief that most cryptocurrency projects will not survive in the long-term; That’s probably true as we saw many Facts :)
So, regarding RevolverToken project development, What lessons have you taken from your experience and watching other projects in this space? I need your opinion since you are a veteran in Crypto space (since 2014!)Thank you
Pat | REVOLVER
One lesson I’ve seen is realizing the importance of liquidity. While a lot do not realize how important this is, it is major in the sustainability of the token. While having low liquidity you can have drastic spikes upward, you can just as well have drastic spikes downward. We have taken this well into account and have ensured out LP is high enough to sustain a solid price foundation and with a 1% tax the floor will continue to rise. We also have funds set aside for pooling/farming to further strengthen this base.
— AMA CONCLUDED —
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