AMA Recap: CRYPTO MINERS X CELO LAUNCH

Celo is an open, distributed cryptographic protocol that enables programs to interact with and compute on a family of cryptocurrencies, including those tied to 'fiat' currencies such as the US Dollar. Celo Wallet, the first application in an ecosystem of applications, enables end users to manage accounts and make payments safely and easily by leveraging the Celo protocol’s features.

We hosted an AMA session with Celo Launch on 3rd December at 2:00 PM UTC.

Mr. Ramsy was the host from Crypto Miners and Mr. Stephen from Celo Launch was our guest. He shared delightful knowledge and unique features of Celo Launch.

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Segment 1️⃣: Introduction

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

Stephen:
Good day everyone

Ramsy:
Thank you all for joining us today❣

To help us learn more about the featured project of this AMA session, we are lucky to be joined By Mr. Stephen , Welcome to our community 🤝

Stephen:
Thank you.

Ramsy:
Hello There 👋

Glad to see you here ,
Thanks for bringing Us CeloLaunch❣

Stephen:
My pleasure

Ramsy:
I'm pretty sure that our AMA participants are very much excited to learn more about CeloLaunch, so let's get started if you're ready!

Stephen:
Yes, I’m ready.

Ramsy:
So here's our first question from this segment....

Q1) Can you give a brief explanation about 'CeloLaunch' .What popped up in your mind to create such a platform in Celo Network?

Stephen:
That’s a great question and as the opportunity I want to explain specifically regarding our launchpad platform. CeloLaunch is motivated by a strong desire to help others and we’re looking forward to the positive behavior from our community which sets us apart. CeloLaunch’s ethos and utility are founded on the foundations that our community continues to construct.

For us, positive or negative criticism is vital as long as we can learn anything from the hundreds of interactions we get everyday. Having said that, concentrating on communities allows the CeloLaunch Team to position as a product-market fit reference.
Our vision is straightforward, to build automated, decentralized, and scalable technologies on the CELO Network. Moreover, everyone in the CeloLaunch community is invited to join us since we are more powerful when we work together.

Compared with existing competitors in the market, CeloLaunch builds a diversity ecosystem that provides a launchpad and also AMM, vesting, and staking/farming and solves most of the problems recently. At present, CeloLaunch is fundamentally trying to solve problems across interoperability, accessibility, and seamless user experience.

_Interoperability: Seamless interaction among chains is one of the biggest barriers to entry for the mass adoption of blockchain applications today. More chains will be integrated as we move along.

_ Accessibility: Today, at CeloLaunch you can access a majority of utilities that are key essential for projects across their lifecycle in a single place itself viz. Exchange, IDO platform, Staking, Farming, etc. We have plans further to enhance the overall user accessibility

_ Seamless user experience: From a bigger perspective, the vision is to create an ecosystem of multi-chain product portfolios essential to all projects across their lifecycle and that too all in a single place. What we are referring to is horizontal integration. In addition to this, a lot of effort has been made to provide a better UI/UX in terms of self-guided and easy-to-use.

As a CeloLaunch team member, I’m not interested in discussing other projects, I’d rather like to demonstrate what we have so that other entrepreneurs may make an informed decision about whether to launch their projects on CeloLaunch or not. Please conduct your own research into CeloLaunch’s ecosystem at https://docs.celolaunch.io/ecosystem

Ramsy:
Thanks for the brief introduction about CeloLaunch,

Now let's our second one...

Q2) So what are your main features and advantages that discern you from other projects?

Stephen:
At Celo Launch, our ecosystem is diversified, I will summarize briefly below about our 6 astonishing functions:

_Automated Market Maker​

Automated Market Maker (AMM) is one of the most important parts of the DeFi ecosystem allowing digital assets to be traded in an automatic way without permission by using liquidity pools rather than a traditional market of buyers and sellers. Users can trade Celo Launch or any other tokens running in Celo Network on CLaunchSwap via our own router.

Our system lets you start your own product on Celo Network as a token developer. We are also seeking a variety of third-party reviewers who can evaluate various parts of your product. Utilizing our technology as an incubator to launch your own incubated ideas on Celo Launch. Investors are welcome to look over the most recent initiatives, carefully read reports from outside sources and conduct their own due diligence before engaging in any type of participation.

_Liquidity Lockers​
In the DeFi area, "locking liquidity" has become the norm and "rug pull" is the most feared term that no investors would like to encounter. Celo Launch Team is glad to say that we pioneered this notion in which we provide automatic liquidity lockers for project developers to employ as a security feature to lock their liquidity provider tokens.

_Vesting​
Vesting Feature is available to project owners and early adopters as a stand-alone service that connects with our in-house platform, where wallets holding tokens are shown in a different UI allowing investors to review it more quickly.

_Staking​
Celo Launch provides a service for sustainable projects that are always seeking ways to reward their communities, such as generating staking contracts that encourage investors to take advantage of the benefits provided by their favorite startups.

So, overall it’s a win-win proposition for users financially.

Ramsy:
Wow, that be great incentives for users 👏

Q3) How has the experience and background of your team been effective in the success of your project so far?

Stephen:
About the CeloLaunch team, there are ten people who are profoundly knowledgeable and experienced in the cryptocurrency at the present including 3 developers, 2 designers and 5 people working as marketers dealing with various partners. The number of team members might need to grow as additional work becomes. Many of our core members have been involved in the crypto community since Ethereum’s first products were released.

From a team perspective, we are a very vibrant, multi-disciplinary, and competent team. They all hold expertise and skills in consistently delivering and scaling projects. We all come from diverse backgrounds and with relevant industry experience thus making the wholesome team very rich and agile.

That's why we believe that with a strong team and clarified mission also vision, Celo Launch could be the launchpad where to help all the projects building their dreams.

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

Stephen:
I will break it down as it’s going to be a little long because of the utilities it offers.

CeloLaunch (cLA) holders are able to purchase the NFT on platform to be eligible to participate in all CeloLaunch presales that have been approved by the CeloLaunch team. The primary difference is that, in addition to using their cLA to engage in our launchpad platform, holders may generate passive income via cLA staking or farming utilizing one of our services.

With an auto-liquidity and auto-buyback system, CeloLaunch (cLA) token rewards holders in simultaneously and extremely potential to skyrocket in price in the near future.But we are obviously not JUST a token, it will bring the opportunities for investors as well project to earn profit or can be seen as a middle coin to trade in and out.

As previously mentioned, the holders of our token will have numerous rights to enjoy the privileges since we are also in the development process of our own staking and farming functions platform. Holders will not just have their earnings but also different features inside the platform. Summing up, earnings and features. That's what you get - besides token price appreciation.

Furthermore, ​​with the development of cLA token, cLA token holders will also get the right to propose suggestions,which will determine how the project will develop in the future. One strong component right now is our IDO platform, which offers exclusive perks to people (projects and investors) that participate in the Celo Launch ecosystem. Both the cLA token and the IDO platform will be connected strongly and much more with an appropriate contribution tokenomics - where all the participants could get perks and earn revenue.

I hope this clarifies how we use cLA in our products and let’s have a look at CeloLaunch tokenomics: https://docs.celolaunch.io/celolaunch/token-overview#tokenomics

Ramsy:
Now let's see our last question from this segment...

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

Stephen:
We spent three months observing Celo Network’s DeFi ecosystem before deciding to construct CeloLaunch. CeloLaunch officially launched in September 2021, and we have already partnered with 19 well-known and reputable partners so far. That’s also the evidence to demonstrate how qualified the CeloLaunch is and our big potential in the future.

Besides that, we have been audited by Certik, since we are aware that security is always the top priority for all projects and especially to the launchpad as us. The result has come out which you can check via the link: https://www.certik.org/projects/Celo Launch. Thus, till date, there has not been a single malicious attack attempt and the reason for this is that security is of paramount importance at CeloLaunch.

We hope that with this answer, it can enhance the trust from you guys to the Celo Launch project. The development team promises to always try to do everything to make the platform be transparent, private and reliable.

For future plans, in terms of the product, our developer team is now working diligently to complete the development of the dApp, which will be live in mid-December. We also target to fulfill and publish to the best competence for our 6 features as mentioned above. With that for the marketing efforts, we want to organize an airdrop for testnet users who encounter and test our product after its release with several marketing programs. There will be migration happening from standard trade contract to DeFi Smart Contract in Mid of January when our Strategic Platform's Mainnet would be launching. Additionally, we also concentrate on our partners where we believe they can help us spread the news about CeloLaunch.

Till now, we are grateful for everything that our supporters have helped us achieve here. But we are not stopping here. We have a lot on our roadmap, so you may have a closer look at our roadmap: https://docs.celolaunch.io/celolaunch/roadmap

But perhaps the more exciting news is that, we are releasing the long awaited IDO platform and staking function as well the other 4 functions soonest. Follow us on our social media so you don’t miss any latest news from Celo Launch.

Ramsy:
Thanks for that well detailed introduction about CeloLaunch🤝
That's the wrap up our the first part of the AMA session✅

Let’s now proceed to the Twitter Questions section,

i hope you're ready for that!

Stephen:
For sure. I’m ready

Ramsy:
So let’s hear our first question from twitter:)

Segment 2️⃣: Twitter Questions

1) CeloLaunch is a very potential project, but it was born later than other similar projects in ecosystems such as SOL, NEAR, AVAX... So what are the outstanding advantages to help CeloLaunch thrive and compete?

Stephen:
Besides the difference with better security of Celo network, because Celo will use your phone number as your wallet’s public key to make it easy to send money to your phone’s contacts, which brings all of the advantages of cryptocurrency to the average smartphone user. One of Celo’s earlier proposals voted into effect was carbon offsetting to make its proof-of-stake network the first carbon-neutral blockchains.

Combining this, CeloLaunch is a blockchain that hosts smart contracts and decentralized applications that allow its users to access the possibilities of decentralized finance (DeFi) and trustless transactions. At Celolaunch, we concentrate on being the launchpad when we can help other projects thriving better with the fundraising from investors.

Especially, the outstanding advantages to help CeloLaunch thrive and compete since we have 6 astonishing features which can assist users with all demands in one. With the launch of Celo Launch, an IDO Platform based on Celo Network, that day has come - which increases sophistication and efficiency in terms of lending and borrowing mechanisms, risk management, and the formation of on-chain liquidities.

Furthermore, with the mission “Launchpad - Open - Real'', we surely can attract more and more users in the future to be successful.

Ramsy:
2) To get an allocation on IDO depends on the amount of staking $CLA (tiers) or not? I see the "Guaranteed allocation" tick on your announcement channel. So, could you please explain more about this?

Stephen:
Guaranteed allocation means that we promise you would have the allocation of our token in your account. For IDO, it does not depend on how much you stake $CLA. We want to state that to make our investors and users more reliable into Celolaunch - since CeloLaunch aims to offer prosperity for everyone that creates the advantageous conditions of economic benefits for participants

At our platform, everyone in the Celo Launch community is invited to join and earn benefits equally with transparency through the equal mechanism of decentralized as well as smart contract. In overall, with Celo Launch, profit can easily generate especially in the long-term and where all members are able to reap benefits.

Ramsy:
3) Does Celolaunch have any outstanding features in terms of technology and services provided to customers compared to the competition?

Stephen:
Yes, of course. We are the first launchpad on Celo network. According to the market research, we found out that there are no launchpads operating on Celo, while the demand for the launchpad on this network is quite huge. Since as you know Celo network has some advantageous prosperities and in the near future, the demand for new projects to have a launchpad for this network will explode. That’s why we will be there and be the one to help thriving start-up projects with DEFI characteristics.

That's why we definitely have outstanding features such as security and technology as well. Our technology framework offers an abstraction layer over the blockchain infrastructure that allows our team to use any programming language to code. Besides that, you can leverage existing libraries and implement solutions that are not doable or almost

impossible to be done, on other existing infrastructures. I believe that along with creating fairer, distributed, transparent systems the security is our key to achieve success.

Ramsy:
4) As I know, strong backing and partnerships in the crypto market might bring huge benefits to new projects. During this point, can you tell us about the investors and partners of your project ? What benefits to the "CeloLaunch' ecosystem do you expect from them?

Stephen:
So impressive with your question. For now, we have reached partnerships with more than 19 popular VCs/Funds. It is easy to understand since we put all the efforts to build the best launchpad on the Celo network not only to help thrive the potential projects but also the places where the demand of investors can be satisfied.

A bit of a secret reveals that: to have the collaboration, we need to go through 3 to 4 rounds for safety issues and discussion then we will consider one more time finally for collaborating decisions - which must rely on “Credence" at most bases. For that, all the partners collaborating with us can be seens as famous, well-reputed and trustworthy for investors to invest in. So please stay tuned since we always want to deliver the best value to our community and be transparent to the Crypto field in support of long-term sustainable growth.

With the motto “Launchpad - Open - Real'', CeloLaunch team always improves tirelessly for this project with the utmost transparency. That's the reason a lot of individuals, advisors, projects, investors want to collaborate and we can reach an agreement in an effortless way. In the future, we are planning to collaborate with giant partners and it definitely will spark the interest for you. Stay tuned and big plans will come soon.

For the benefits, we expect the partnership is the key part of this new economy — what we call “community-based economy” so we indeed put a lot of effort not only to keep our community informed about our progress but also to allow active participation.

Ramsy:
5) So CeloLaunch's major goal is to tackle the Celo Ecosystem's illiquidity problem and give a single unified UX/UI on our platform right, may i know, apart from Celo network, is this platform firendly for all the users who are into other networks? How can you attract more users?

Here's our last question from twitter...

Stephen:
We are confident to say that CeloLaunch is friendly to all users since it is easy, fast-response and highly aesthetic. With the perspective “Crypto for all" and “All the good projects must be aware of, new projects - “startups' ' may boost their initiative and reward communities by utilizing our services.

For expanding and attracting more users, Celo Launch has prepared thorough and clear marketing plans according to each stage of the project's development. We are also trying our best to implement marketing activities to cooperate for the launch of the project combined with many clear communication strategies. For example, cooperation with partners, VCs, KOLs, press media (Bloomberg, Yahoo, ...), AMA, build community, airdrop,etc.

Follow us to stay up to date with the latest news. There are various interesting things coming. Stay tuned and keep your eyes out!

Ramsy:
Thanks Your Valuable Answers❣
And that's the end of our twitter question segment

Now Moving on to our last segment - Live Q&A,

Shall we go?

Stephen:
sure, I’m excited to go

Ramsy:
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)Do you have AUDIT certificates, or are you working to AUDIT your project, to make it more secure and reliable ?

Stephen:
Initially, we are aware that security is always the top priority for all projects and especially to the launchpad as us. Thus, at the beginning time of doing the project, we had contacted Certik to have an audit walkthrough and the results had come out which you can check via the link: https://www.certik.com/projects/celolaunch

We hope that with this answer, it can enhance the trust from you guys to the CeloLaunch project. The development team promises to always try to do everything to make the platform be transparent, private and reliable.

2) What is the basic requirements for a project to get participated into CeloLaunch? Do you look into new project quality before selection? Do you screen the project validation before hand?

Stephen:
We have the quality assurance team to check, test and ensure the projects listed on our launchpad are reliable and profit- potential for the investors. Our QA team will work based on the framework, which we have worked for such a long-time to make it comprehensive, embrace and reflect the true nature of the project. Thus, the investors can trust all the projects on our launchpad and all you need to do is consider which project is suitable to your investing strategy.

3) Where can I buy your tokens now. What are your current contracts, and how can I buy them and what are the benefits?

Stephen:
Thanks for your question, our private sale is closed so please wait for our public sale to buy cLA token

CeloLaunch (cLA) holders are able to purchase the NFT on platform to be eligible to participate in all CeloLaunch presales that have been approved by the CeloLaunch team. The primary difference is that, in addition to using their cLA to engage in our launchpad platform, holders may generate passive income via cLA staking or farming utilizing one of our services.

Let’s have a look at CeloLaunch tokenomics: https://docs.celolaunch.io/celolaunch/token-overview#tokenomics

4) Is your project global or restricted to some countries?

Stephen:
Our platform is global, it’s opened for everyone but please make sure that it is wholly legal in your country.

*This segment ends here*

Ramsy:
Thankyou so much For your valuable answers and information about CeloLaunch,
It Was Pleasure Hosting An Ama With You.

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

Stephen:
It’s a great time for me to join this AMA session.

Please follow our channel to update the newest information and join our upcoming campaigns

Thank Ramsy for your support today

Ramsy:
We Wish all the very best for Project
CeloLaunch And The Entire team behind the project🤝❤️

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

Telagram: https://t.me/celolaunch

Twitter : https://twitter.com/celolaunch

Website: https://celolaunch.io/

Medium: CeloLaunch

Docs: https://docs.celolaunch.io/

Blog: https://blog.celolaunch.io/

GitHub: https://github.com/celolaunch

Pitch Deck: https://celolaunch.io/docs/CeloLaunch-Pitch-Deck.pdf

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AMA | GameFi | NFT | Metaverse | Giveaways | Promotions, “Backed by KuCoin, Hotbit, OKEX & BigOne Exchange”, Telegram group: https://t.me/Cryptominers_co

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AMA | GameFi | NFT | Metaverse | Giveaways | Promotions, “Backed by KuCoin, Hotbit, OKEX & BigOne Exchange”, Telegram group: https://t.me/Cryptominers_co

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