AMA Recap: CRYPTO MINERS X ASTRA

Astra is a decentralized compliance solution for the crypto space. With the help of Astra, protocols can comply with society’s numerous regulations without giving up decentralization or putting investors at risk. Astra is building a decentralized compliance solution for the crypto space. Protocols can now comply with society’s numerous regulations without giving up decentralization or putting investors (and their funds) at risk. The Astra legal assurance layer will integrate an extra layer of security into the current Web3 infrastructure, thus fostering the adoption of decentralized finance.

We hosted an AMA session with Astra Protocol on 3rd June.

Mr. Ramsy was the host from Crypto Miners and Mr. Sakhib was the guest. He shared delightful knowledge and unique features of Astra Protocol.
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Segment 1️⃣: Introduction

Ramsy | Crypto Miners:
Hello everyone 👋 and welcome to the Crypto Miners AMA session With AstraProtocol

To help us learn more about the featured project of this AMA session, we are lucky to be joined By Mr Sakhib

Sak:
👏👏👏

Happy to be here guys

Ramsy | Crypto Miners:
Hello there 👋

Welcome here
Thanks for bringing Us AstraProtocol❤️

Sak:
Most welcome

excited to tell the community a little about us

Ramsy | Crypto Miners:
I’m pretty sure that our Community is very much excited to learn more about AstraProtocol ✌️

So let’s get started if you’re ready!!

Sak:
Let’s go

Ramsy | Crypto Miners:
First of all Please give us a brief explanation about ‘AstraProtocol’ .What popped up in your mind to create such a platform in this Space?

Sak:
Sure

Astra protocol is a decentralised compliance layer which specialises in KYC and AML for crypto and Defi

As crypto has grown huge

We’ve seen amazing technology for finance but also a huge number of scams

This has lead to regulatory pressure

So we created our layer to allow crypto and defi to grow in a sustainable way without these fears!

Ramsy | Crypto Miners:
Thanks Sakhib for this great start about AstraProtocol 👍

Now let’s see our second question from this segment

Sak:
👏

Ramsy | Crypto Miners:
Q2) So what are your main features and advantages that discern you from other Projects?

Sak:
Well first of all we’re not a single centralised company saying whether yoh are KYC compliant or not

We’re decentralised

We created the DLN decentralised legal network which brings in the most major legal and compliance firms from all around the world

We’re also backed by some major board members

Like chief of staff to whitehouse
Former chief trade commissioner for the Eu
And former head of homeland security

It gives us a distinct advantage to anyone else in the space

Ramsy | Crypto Miners:
Q3) How has the experience and background of your team been effective in the success of your project so far?

Sak:
Aside from our board members who are extremely prolific in their careers in politics and trade our executive team are experienced in business law compliance and of course technology worked with major blue-chip corporations from around the world and have been involved in crypto since 2013

Ramsy | Crypto Miners:
4) Now Share us about your Native token, What are the some of utlities of $ASTR Token in Your Ecosystem? And if possible share to us the Tokenomics

Sak:
Our token is designed as a priority queuing mechanism that defi apps will buy and hold to rank the order their customers will be validated

The more they hold the faster they will be seen

Every time the transaction is executed tokens are taken from their supply and distributed to the validate is in the decentralised legal network

It is also a fixed supply token token which means that is more defi apps hold our token and use our services to supply on a secondary market will decrease making it harder to get hold of an increasing the market value

Ramsy | Crypto Miners:
Let’s move to our last question from this segment

Q5) So how long did it take to develop this project? What plans do you have for the future? And what can we expect from AstraProtocol If possible could you please share road map with us.

Sak:
We’ve been working at this for a long time we’ve been at this for over 4 years

To bring the best technology and the best patents to market

Btw it’s globally patented

This year we did a 9m raise,
We are currently doing a 100m raise
Will launch on DAO maker for SHO and will list on exchanges afterwards

Ramsy | Crypto Miners:
Thanks Sakhib for this well detailed introduction about AstraProtocol:)

And that’s the wrap up of our the first part of the AMA session ✅

Let’s now proceed to our Twitter Questions section

i hope you’re ready for that!!

Sak:
Let’s go

Segment 2️⃣: Twitter Questions

Ramsy | Crypto Miners:
1) Collaborations and partnerships are some of the most important cornerstones to help improve adoption. Could you please tell us about the current partners, plans for partnerships and what everybody stands to gain from these partnerships?

Sak:
We just announced an exclusive partnership with CUBE today so we’re helping their L1with compliance

Along with a list of other top tier defi apps

We also have partners with the biggest compliance and legal firms in the world

Ramsy | Crypto Miners:
2) Astra will help customers with a decentralized KYC process and insurance to prevent frauds, money laundering, and other fraudulent acts. But what safeguards would you put in place to protect your users data?

Sak:
We have full enterprise grade security around our application

Ramsy | Crypto Miners:
3) Can you tell me how Astra Protocol is different from other projects? What unique features are you having? Can you also show me the comparison chart of with Astra and without Astra?

Sak:
Without Astra apps are facing major regulatory scrutiny and shut down. With ASTRA they can grow safely and happily scale without this issue

Ramsy | Crypto Miners:
4) I realized there are so much regulations on the CENTRALIZED platforms. What do you think and that KYC and also compliance of DECENTRALIZED platforms do you think is it necessary?

Sak:
Defi needs this right now just look at what the regulators are pushing right now!

Ramsy | Crypto Miners:
5)As an investor, I want to know how strong is your project security system? and what benefits will a user have in the years to come when I decide to join the project you are working on right now?

Sak:
Fully audited on launch. Full iso standards at launch and data compliance as well as enterprise security infrastructure

Ramsy | Crypto Miners:
That’s the wind up of our twitter question segment 🤝

Now Moving on to our last segment — Live Q&A

Shall We Go mate?

Sak:
Let’s go!

Ramsy | Crypto Miners:
here we go,

Segment 3️⃣: Live QnA
(In this segment group was opened for 60 seconds and Miners sent hundreds of questions. Guest choose some best to answer)

1) Bondi Jibon:
Where can I buy your tokens now, what are your current contracts address and how can I buy them and what are the benefits?

Sak:
DAO maker soon followed by some tier 1 CEX

follow our telegram for updates

2) What is the minimum to invest in your project?

Sak:
There is no minimum on exchanges! But checkout the terms for DAOmakers SHO

3) Israt Sumaiya:
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?

Sak:
We are GLOBAL

4) Itz Abhi ⚡️:
I see Astra is a Decentralized Compliance Layer for the Web3 Economy and Delivering The Compliant Blockchain for The Future so can you tell me about its missions? What missions do you have for Astra Protocol? How it can be useful to the community?

Sak:
We are bringing trust back to crypto!

5) 🕋Altaf🕋:
What are your marketing strategies and how will you have a global expansion and adoption for your project where English is not spoken?What are your next upcoming priorities? What is in your roadmap ?

Sak:
Audit will be before launch 🚀

*This segment ends here*

Ramsy | Crypto Miners:
Thankyou so much Sak For your valuable answers and information about AstraProtocol,
It Was Pleasure Hosting An Ama With You

Time To Conclude Our AMA Section

Is there anything else you would like to share or you want us to know ?

Sak:
Just a thank you to everyone

And be sure to follow our social channels

Ramsy | Crypto Miners:
We Wish all the very best for Project AstraProtocol And The Entire team behind the project ❤️🤝

Community, if you would like to learn more about AstraProtocol, here are some useful links for you:

Website: https://astraprotocol.com/
Twitter: https://twitter.com/AstraProtocol
Telegram: https://t.me/Astra_Protocol
Channel: https://t.me/Astra_ProtocolAnnouncements
Medium: Astra Protocol

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