AMA Recap: CRYPTO MINERS X ASTRO CASH
Astro Cash unites blockchain technology with music. It allows ordinary people to obtain a share of the earnings of great Artists, that is, we will not be just star dust as Carl Sagan said. In Astro Cash as a token holder, you will share part of the monthly income of great artists. Astro Cash will bring decentralized platforms and applications that will facilitate the use of the $Astro Token. Aiming at the long term, the project brings usability to the token, adding value, and consequently bringing constant appreciation of the asset. Astro Cash is a project that will bring revolution to the DeFi Market. Become partner with great musicians and receive monthly passive income. Listen to music and earn money. Join shows, events, nightclubs, drink and eat using our revolutionizing payment system based off facial recognition using your own Astro Cash token. Astro Cash, combining DeFi, metaverse and music in a single token.
We hosted an AMA session with Astro Cash on 22nd July.
Mr. Ramsy was the host from Crypto Miners and Mr. Eddy was the guest. He shared delightful knowledge and unique features of Astro Cash.
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Segment 1️⃣: Introduction
Ramsy | Crypto Miners:
Hello everyone 👋 Welcome to the Crypto Miners AMA session With Astro Cash
To help us learn more about the featured project of this AMA session, we are lucky to be joined By Mr. Eddy from Astro Cash team
Eddy:
Hello everyone how are you?
Ramsy | Crypto Miners:
Hey there 👋
We’re Doing Great, What about you?
Eddy:
Well done, and very happy to be here.
Ramsy | Crypto Miners:
Thanks for bringing Us Astro Cash ❤️
I’m pretty sure that our Community is very much excited to learn more about Astro Cash ✌️
So let’s get started if you’re ready!!
Eddy:
Yes let’s get started. Please
Ramsy | Crypto Miners:
First of all Please give us a brief explanation about ‘Astro Cash’ .What popped up in your mind to create such a platform in this Space?
Eddy:
Astrocash is a token that will come to unite blockchain with music and the metaverse. Our CEO, Magdan, already is the owner of a music company and since he already knows about crypto he decided to bring those two together.Not only that, with cryptocurrency we can go for a international marketing that would be way harder to achieve otherwise, and also since crypto is a very profitable asset short-term.
Ramsy | Crypto Miners:
Thanks Eddy for this fantastic start about Astro Cash 👌
Now Let’s see our second question from this segment
Eddy:
I greatly appreciate this opportunity
Ramsy | Crypto Miners:
Q2) So what are your main features and advantages that discern you from other Projects?
Eddy:
Our main features are the utilities of our project, that is separated in 3 distinct applications and we also will always be bringing external income, from FIAT itself, inside of the project. This will be done through our first application, the descentralized financing platform.We will have 2 more applications that will bring great innovations, I will talk about them later.
Ramsy | Crypto Miners:
Q3) How has the experience and background of your team been effective in the success of your project so far?
Eddy:
It really has helped us out a lot. Our CEO is the owner of a music company. Our co-founder, Carlos, is an expert in cryptocurrency with 6 years of market experience. Our lawyer, Doctor Fernando, is experienced with any laws related to cryptocurrency and is also very experienced in the legality area.
Ramsy | Crypto Miners:
4) Now Share us about your Native token, What are the some of utilities of $ASTRO Token in Your Ecosystem? And if possible share to us the Tokenomics
Eddy:
Our project utility comes in a number of applications:
The first one is the descentralized financing platform, which comes in as a way to invest partner artists so the holder itself can become a partner of said artist. The partners of the artist will invest inside a contribution pool to the initial investment of the artist and everyone that invest will receive 30% of the artist total net income and will be distributed proportionally to the amount invested and monthly.The second one is the fan to earn, or listen to earn, where people can earn money by listening to song in our application. This function will also allow members to win giveaways in which it will be given a full paid ticket and passage to any live show or event we are hosting at the moment
The third one is an payment method with facil recognition inside events hosted or related to astrocash to be able to buy any kind of drinks or food inside the event itself and the NFT which will be the entrance ticket to the event.
What we have ready already is the descentralized financing platform which we already have some artist to work with us, it is in testing phases for now.
Ramsy | Crypto Miners:
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 Astro Cash If possible could you please share road map with us.
Eddy:
The project has been on development for about 10 months, the main goal is to bring astrocash worldwide and be know in the entire world. We want to become partners with great international artists and musicians. Most of our future plans revolves around the launch of our token utility’s, in this case, the applications i mentioned above, and also aim for our own music metaverse by buying a land in Sandbox Metaverse and allow users to enjoy live shows at the metaverse.
Ramsy | Crypto Miners:
Thanks Eddy for this well detailed introduction about Astro Cash:)
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!!
Eddy:
Okay, we can move on, I’m ready!
Segment 2️⃣: Twitter Questions
Ramsy | Crypto Miners:
1) Almost 4/5 of investors are focused purely on the price of token in short term instead of understanding the real value and health of the project. Could you tell us on motivations and benefits for investors to hold your token in long term?
Eddy:
We have tools that will ensure our token is seen for the long term. And the investor will certainly feel motivated to keep $Astro in his portfolio. Our ACFinance platform will guarantee users who keep their tokens allocated a percentage of the artists’ profit. By depositing $Astro tokens in ACStream the user will become a VIP and will be able to participate in events, and with our public team we will bring confidence to investors.
Ramsy | Crypto Miners:
2) Out of curiousity I’ll like to ask, Revenue is an essential and unavoidable aspect for all projects to survive and also to maintain the project. what are the way to generate revenue for the token?
Eddy:
Our revenue comes from the income from the artist’s career, the user becomes a partner of the artist receiving a percentage of the monthly profit, I’m talking about ACFinance of course. In ACStream we will have the possibility for the user to listen to music to earn, and the revenue will come from our playlist that is on spotify, that is, the profit we would receive from our playlist will be divided among those who listen to music on our platform.
Ramsy | Crypto Miners:
3) The people involved in a project can determine how far it would go, so how can we get information about the team members behind Astro Cash Global?
Eddy:
The entire team is doxxed, on the website you can find all the information about the team, we have complete transparency, including our ambassador who is a big celebrity within brazil is also there. We did KYC, and we will always be together with the community to bring trust and credibility.
Ramsy | Crypto Miners:
4)I saw that fans who choose to participate would be able to store their tokens in vaults within ACStream and upgrade to VIP status. So what makes VIP fans different from other fans? In what ways will they gain more? How many Astro tokens are required to join the VIP fan club?
Eddy:
By becoming a VIP fan, you will be able to participate in exclusive events that will allow you to maximize your earnings. By depositing their tokens in one of our vaults, the fan will receive rewards in $Astro. The staking rewards will not be extremely high, after all, the whole point of becoming a VIP is to have the right to participate in events. This action will add value to the token in the medium and long term, as fans of the artist will acquire tokens and allocate them to participate in events as a crazed fan or number one fan.
Ramsy | Crypto Miners:
Let’s hear our last question from Twitter
5) All know, DeFi world is complicated. You have highlighted “simplicity” as a feature of Astrocashcryto protocol. How do you simplify user operations? Due to this simplicity, can newbies use your platform without much hassles? Doesn’t this simplicity make astro more vulnerable?
Eddy:
Our apps will be intuitive and anyone can use them as they are designed to be simple and secure. Are digital banking apps complex? No! And they are safe! And we also have the blockchain which is already extremely secure. Our personal recognition system in our ACPayment app will bring another level of security to the cryptocurrency world. Qualified professionals are currently working so that our products can please the community in all aspects.
Ramsy | Crypto Miners:
That’s the wind up of our twitter segment
Eddy:
okay sir
Ramsy | Crypto Miners:
Thanks For Answering 🤝
Now Moving on to our last segment — Live Q&A
Shall We Go mate?
Eddy:
Let’s get to the most exciting part
Ramsy | Crypto Miners:
lets 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) Prashant:
Hello 😀
There is a tool from Astro Cash namely Astro Cash Payment (AC Pay). What benefits will this tool allow to its user? also I read this will help in Astro Music. so Can you briefly explain us about Astro Music too and is it an event by Astro Cash or an application for music? Can you also tell us the benefits for using AC PAY TOOL?
Eddy:
Astro Cash Payment came to revolutionize the payment system. By using ACPay, you will be able to enter shows and events without a credit card or cash. You can use your face for products consumed within the event and much more, all paid for in $Astro.
2) kouba ba:
Next week AstroCash will have an ICO Pre-sale. To follow it, what are the conditions that we must meet? And what is the maximum number of tokens that can be purchased?
Eddy:
We will make 3.7% of our total suplly available for pre-sale. To participate just have BNB in your wallet, minimum of 0.1 max will be between 2 or 3 bnbs we will decide. It will take place at Pinksale and Sphynix Labs.
3) Munna Bhaiya:
You have a great wallet known as Wallet Astro Cash (ACWallet) 👜
Well on which network do it operates on or is it a multi-chain wallet? also is it interconnecting with other wallets too? How are you going to ensure the security of the wallet?
Eddy:
Initially it will just be a wallet where you will store your $Astro tokens, and it will work on the bsc network. In the future we will expand yes to multi-chain, and then it will support other tokens.
4) CHUKKY:
“AstroCash unites DeFi, metaverse, music all in one token” — I’m intrigued by this statement
can you tell us through what ways do you plan to achieve this ? What innovations does the AstroCash project have that would make a huge difference for the crypto space?
Eddy:
This is really a big question. Our biggest innovation is the futuristic and revolutionary payment system, and the other apps… where do you listen to music and earn money? Where do you become partners with artists and spend a percentage of your profits? I believe that there is nothing like it on the market, if there is, please introduce me and I will invest.
5) CHUKKY:
Could you please share some details on your presale which is launching soon?
However, do you think that given the current bear mood in the crypto space, this is not a best time to launch your token? This will likely cause a lot of investors to stay away from the market for a while. What impact will this have on your project?
Eddy:
It is a great time to launch a project, we are investing heavily in national and international marketing. When the bull market comes back we will go up with it. Our project is very good, we have big names, we are not fearing the market situation, after all, there are still investors and there are still green candles. We’re bringing a big project, investors will see that.Our pre-sale will take place on the 30th, and there is no white list. Join our group and seek more information.
Thank you for the opportunity and congratulations for the questions.
*This segment ends here*
Ramsy | Crypto Miners:
Thankyou so much For your valuable answers and information about Astro Cash,
It Was Pleasure Hosting An Ama With You Guys
Eddy:
I thank you.
Ramsy | Crypto Miners:
Time To Conclude Our AMA Section
Eddy:
thank you all again, we will be waiting for you in our community!!!
Ramsy | Crypto Miners:
We Wish all the very best for Project Astro Cash And The Entire team behind the project❤️
Community, if you would like to learn more about Astro Cash, here are some useful links for you:
Website: https://www.astrocash.me/
Twitter: https://twitter.com/AstroCashCrypto
Telegram: https://t.me/astrocashglobal
Discord: https://discord.com/invite/uBBpmvNrGE
Gitbook: https://astro-cash-1.gitbook.io/astro-cash-global/