AMA Recap: CRYPTO MINERS X COOKIESALE

CRYPTO MINERS
15 min readAug 25, 2022

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CookieSale is a decentralized platform that provides users the means to create their own token, generate initial liquidity, and list it for sale to the public. Our user-friendly interface provides a smooth and easy process operable by even the most novice of crypto users. All of our functions can be implemented without writing a single line of code. CookieSale deviates from the industry standard of taking a percentage of your token supply as a condition for launching an IDO. They believe that your tokens belong to their project and its investors. In other words, those are your cookies, and they aren’t going anywhere near them! CookieSale aims to be the premier IDO Launchpad for cryptocurrency startups across all major blockchains.

We hosted an AMA session with CookieSale on 12th August.

Mr. Ramsy was the host from Crypto Miners and Mr. Raiden, co-founder of CookieSale was the guest. He shared delightful knowledge and unique features of CookieSale.
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Segment 1️⃣: Introduction

Ramsy | Crypto Miners:
Hello everyone 👋 Welcome to the Crypto Miners AMA session With CookieSale

To help us learn more about CookieSale, We are lucky to be joined By Mr. Raiden and Mr. Jerry

Hello Raiden 👋

Raiden ₿:
Hey guys!

Ramsy | Crypto Miners:
Welcome here Mate ❤️

Thanks for bringing Us CookieSale

Raiden ₿:
We are a team of 2 so can you please unmute the team 😄😄

Ramsy | Crypto Miners:
Sure

Raiden ₿:
All good man.

Ramsy | Crypto Miners:
Hey guys 👋

Raiden ₿:
Let me know when we can start 👍👍👍

Ramsy | Crypto Miners:
I’m pretty sure that our Community is waiting for learn more about CookieSale✌️

So let’s get started 👍

Raiden ₿:
Great

Ramsy | Crypto Miners:
First of all Please make a concise and brief introduction to CookieSale. How it is playing its role in the development of DeFi?

Jerry:
Hey everyone! Thanks for having us 🙌

CookieSale is a decentralized platform that provides users the means to create their own token, generate initial liquidity, and list it for sale to the public. Our user-friendly interface provides a smooth and easy process operable by even the most novice of crypto users. All of our functions can be implemented without writing a single line of code!

In general, our ease-of-use and the simplicity of our platform will help to break down barriers to entry for people newer to the crypto space. Both for potential project creators and investors.

Ramsy | Crypto Miners:
Thanks Jerry For this well start about CookieSale 👍

Now let’s move to our second question from this segment

2. What are the features of CookieSale Protocol that makes it superior and special as compared to its competitors?

Jerry:
Compared to other launchpads, we excel in the overall user experience. Our UI makes it easy to navigate with helpful videos and tool tips along the way.

Some of the features we offer that others do not:

1. Modernized Smart Contracts in our Token Minter

We recently integrated our Half-Baked and Fully-Baked tokens. These smart contracts allow for users to customize their tokens with all state of the art features and taxes. From custom rewards, buyback fees, salary fees, staking fees, max wallet allocations, and much more. These contracts would normally cost you thousands but are available on CookieSale for a fraction of the price!

2. Tiered Presale System

We’re currently optimizing our Tiered Presale System and it should be ready in a matter of days. The tiered system is where our new Cookie Token will be How the Tiered System works:

Presales can be divided in 2 or 3 phases
- Each tier can have an allocated amount of BNB (or ETH, AVAX, MATIC), a min/max buy, and timer
- Each tier also has a time users can set. Once it ends owners can advance to the next tier, or they can push the advance ahead prior too.
- Each tier will have the option for ‘CUSTOM’ or ‘COOKIESALE’. This is where our Cookie Token will come into play which we’ll discuss later.

This system gives project owners the ability to customize their presale how they see fit, as well will give them the option to incorporate the entire CookieSale community and holder base into their presales.

3. Games while you wait for your presale with our Arcade Zone

We’ve integrated a game for users to play on upcoming presales. Right now we have Tetris available, but will also use this space for new Play-to-Earn projects to showcase their game before their presale.

4. Affordability

Many launchpads take a percentage of tokens as a condition to launch on their platform. We take a simple flat fee of 0.5 BNB for listing and 2% of the BNB raised. Our motto from the start has been that “We don’t want your tokens!”. We operate under the ethos of remaining truly decentralized and giving project owners and investors complete control and power in their investments!

Raiden ₿:
Our help documentations are easy to navigate through and will guide you every step of the way. 📖

https://docs.cookiesale.io/cookiesale/getting-started/about-us

All CookieSale tutorials can be found here 👍

https://youtube.com/channel/UCnk63FkhDsHhlKItKhAE_bg

Ramsy | Crypto Miners:
That’s cool 👍

3. Can you provide an overview on how CookieSale Launchpad is being used?

Jerry:
CookieSale is at it’s core a decentralized launchpad. It gives everyone in the DeFi space the ability both list their project for sale as well as all investors to participate. An unlike centralized exchanges, CookieSale gives users complete ownership and control of their crypto assets. CookieSale can be used by anyone directly via a wallet DApp without any KYC verification procedure.

As you can see in this video, the entire process from A-Z is seamless and easy to navigate for even the most novice of crypto users!

Ramsy | Crypto Miners:
Could you share a bit about security measures of the launchpad?

Jerry:
We have a prime focus on the user experience, which is why we’ve incorporate fun things such as the Arcade Zone. And practical features such as the chart and swap being available right after a presale has finalized. This means users do not have to leave the Launchpad and can begin trading immediately from the site.

Certainly. In terms of backend security, our platform has been designed from the ground up with user security and safety in mind. This is naturally a primary focus for any type of DApp. With regards to our presales, we have badges to indicate whether projects have KYC’d and/or Audited. With that comes a “Verified Presale” check, which indicates that a presale has taken these steps.

We also have the option for project users to “Vest” team tokens. Many DeFi investors focus on the liquidity locking of a project. But it’s important to recognize that there are still often unlocked tokens in a project owners possession that they have access to.

Ramsy | Crypto Miners:
Sounds good 👏

4. Now tell us about the native token $KODI. What are its utilities and usecases? Also share us with the tokenomics

Jerry:
The KODI token is the parent token to our ecosystem. CookieSale falls under the Kodi umbrella, along with our advertising agency Pitch (logo design, web development, commercials, banner ads, etc).

We are creating a Cookie Token specifically for CookieSale. The token will launch with its primary use case being the give preferential whitelist spots to projects that so choose. This is the ‘COOKIESALE’ option that will be available for our Tiered Presale system that I mentioned above. Holders of a certain amount and above will be eligible for these presales.

As of now, there is a profit sharing model that ties CookieSale back to the Kodi token. Once our token launches, profit sharing will continue with Cookie token having a 1% tax that buys back into Kodi and burns, as a tether to the ecosystem. The Cookie Token will have a sub-10% tax.

Kodi has been around for nearly a year at this point and has had great success! We’ll continue to develop for Kodi itself, as well as other subsidaries within the ecosystem.

For more details on Kodi, we recommend visiting the Kodi Whitepaper!

https://kodi.gitbook.io/kodi-whitepaper/

Ramsy | Crypto Miners:
Could you elaborate more about Cookie Token? When the Token Launch? and What are the functions of Cookie Token?

Jerry:
Definitely. So it’s still early for the Cookie Token as it will be launching sometime in early-mid September. As I mentioned above, the token will have a sub-10% tax and will have the primary utility of getting holders preferential whitelist spots into presales that launch on CookieSale. On top of this, there will be an additional incentive to hold as they will earn dividends in the form of BNB.

The presale will be around 400–500 BNB in total allocation. Given our reputation and past success with Kodi, we could likely do a 1000+ BNB but we don’t think that’s optimal. The presale will be done using our Tiered Presale System with 3 tiers:

Tier 1 will be allocated for current Kodi holders. If you hold 100 million Kodi tokens or more (at the time of launch), you’ll get an automatic WL into the first tier.

Tier 2 will be allocated for investors who have earned it via our ‘Shill Army’ and other measures.

Tier 3 will be allocated for remaining investors who receive WL through other means such contests, giveaways, etc.

We have plans for other utility integrations for the tokens but have to keep our cards close to our chest on certain developments. The launchpad space is competitive and a lot of IP theft happening unfortunately which we’d like to avoid anymore of!

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

5. What important updates and developments we’ll get in coming months and years in CookieSale?

Jerry:
In the coming days to weeks we will implement the following into the CookieSale platform:

- Presale Tiered System
- Stable Coin pairing
- Private Sales

In the coming months to years, well as I mentioned at the end of my previous message, we can’t give to many details on our internal roadmap. We have some innovations that we’re very excited about and believe they will change both the IDO industry and DeFi space! But there is some natural progressions people can speculate on, such as a DEX sometime in the future.

Ramsy | Crypto Miners:
Thanks Jerry for this well detailed introduction about CookieSale:)

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

Jerry:
You’re very welcome!

Ramsy | Crypto Miners:
Let’s now proceed to our Twitter Questions section

i hope you’re ready for that!!

Jerry:
We were born ready!

Ramsy | Crypto Miners:
So let’s go 🚀

Segment 2️⃣: Twitter Questions

1)CookieSale is a multi-chain launchpad. Can you tell more about your LAUNCHPAD and How do we get allocation for projects in your launchpad? Which chains are supported for using your LAUNCHPAD?

Jerry:
Right now we support Binance Chain, Avalanche, Polygon, and Ethereum. We’re going to keep growing our blockchain compatibility.

Since we’re decentralized, anyone can participate in presales on our platform without KYC. However, depending on a presale set up, some presales will be public and available for everyone, while others will be Whitelisted addresses only.

For project creators, anyone is able to list their token. We have a variety of resources available to help them on their way. From approved auditors, to marketing partners (such as Crypto Miners) who can help get you the most exposure to the masses.

We’re also the official Launchpad of CoinSniper, and all projects listed (both upcoming and live) will appear at the top of their presale section on their website!

Ramsy | Crypto Miners:
2: New Defi projects are announced on daily basis 🥳 I feel like people just want to ride the waves 🌊 & this bubble will burst too. Now, what innovations and ideas are bringing your project to defi that we haven’t seen & will there be any defi related updates?

Jerry:
As a Launchpad, we’re giving all DeFi projects a platform to list and raise funds for their launch to begin trading. I agree with you in one sense that there is likely a bubble, but I see that forming more in the meme coin sector of DeFi. Decentralized Finance is in its infancy and will only continue to grow and leigitimize itself. I think we’re starting to see that happen, with more and more unique utilities making it’s way into the scene. As this continues more adoption will happen.

What we’re trying to do differently is bridge that gap from crypto newbies (or completely out of the space) to the crypto know hows. We’re doing this through easier navigation and overall education. We have a number of ideas that we’ll be implementing into our system to do this. I know this is vague since I’m not giving specifics, but the one drawback (and benefit dpeneding to how you look at it) to decentralization is the lack of regulations. There’s no patents or protection on your IP. So we’re in that position where we have to build in the background and announce when it is, or nearly, complete!

Ramsy | Crypto Miners:
3: In the cryptocurrency market, launchpads play an important role, but there is already a variety available in the market. So, in terms of marketing, what would be the most appropriate strategy for your platform? How will you make #CookieSale known in the Launchpad ecosystem?

Jerry:
The industry is very competitive. What we’ve noticed so far is that the majority of these upcoming launchpads are very basic, or forks of existing launchpads. As you can see from our UI, we excel in innovating one what’s already done with original concepts both in design and functionality.

We initially released our BETA at the end of March and have been working non-stop since then. Our gold release has been out a week and we’re just now starting to market. One of the biggest helps with this will be our new token coming out. The Cookie Token will garner attention towards our Launchpad and lets users in this space see the potential it has in becoming an industry leader. Like anything in this space, exposure is essential and that is going to be a primary focus going forward!

Ramsy | Crypto Miners:
4:Revenue is an important aspect for all projects to survive and maintain the project. How have you been able to build a complete project and what is the way to generate profit of the token? What is the income model?

Jerry:
Having success already with the Kodi token, we’ve been able to fund and build this branch of the ecosystem. What’s great about having a Launchpad before it’s own token release is that it actually generates revenue that can feed back into the overal ecosystem as needed. Aside from initial sunk costs, the variable costs are minimal (server fees, etc). In terms of income model, we generate revenue via listing fees and successful launches, KYC, and banner ads. The token itself will generate a marketing pool from tax as well that will be used to continue expanding our reach.

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

Jerry:
One of current strategic partners is through CoinSniper, which is the leader in coin listing sites. This helps raise awareness for our project and also gives projects exclusive exposure on their platform. We have a number of auditing and marketing partners as well. This helps project owners gain access to reputable companies in this space without having to go through the trial an error.

We’re continually looking for strategic partnerships that will help mutual benefit both parties and improve our functionality and scope. Naturally, I can’t give specifics on current discussions! But we have some exciting ones that we’ll be announcing in the near future.

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

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

Jerry:
Appreciate all the questions!

Ramsy | Crypto Miners:
Shall We Go guys?

Raiden ₿:
Yes. Please 👍

Ramsy | Crypto Miners:
Lets go then

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:
CookieSale is the new Launchpad. If I wish to list my project for launch on your launchpad. What is the process for doing it? What fees do you take for doing it?
What are the other requirements for getting the token listed on your launchpad and what chains do you support for now?

Jerry:
You can go to cookiesale.io and under the menu select create presale or create fair launch depending on what type you’re looking to do. It’s a very simple process and we have a number of resources to guide you along the way. You can visit our help doc for step-by-step guides as well as watch our tutorials.

It’s 0.5 BNB (or roughly the equivalent amount in other native blockchain tokens) to list your project, and upon a successful raise and finalization, we only take 2% of the BNB raised (or which ever native token your using). We take absolutely NO tokens as a condition of using our platform.

2) ctriplehuynh:
What is the first thing you would like people to think of when CookieSale is mentioned to them ? What kind of user experience (UX) you hope people will get from CookieSale?

Jerry:
We want users to use our platform and feel they have had the simplest, and funnest experience. We’ve designed the UI to be easy, informative, and entertaining! We’ve done this by implementing things such as the Arcade Zone on upcoming presales, that lets you play games while you wait (it will disappear as soon as the presale goes live). We continue to optimize our platform and make it as informative as possible, to avoid confusion and the need for additional research (although you can never do too much research 😁).

3) Nahid:
Can you elaborate on the presale?
When will it start and when will it end?

Raiden ₿:
We anticipate the cookie token presale to begin early to mid September. You will get a tier 1 white list spot if you own 100m or more Kodi tokens.

Other participants can earn whitelist spots by joining our shill army and entering the Sweepwidget competition. We will also give away spots in our games & prizes segment in the community group. You need to be a holder of 5m Kodi tokens to be eligible.

Another way of getting a WL spot is by recommending a project to CookieSale.

Projects must finalize to be eligible

We urge anyone interested to join the CookieSale telegram group for daily updates.

4) Gsan:
Can you elaborate on HALF-BAKED and FULLY-BAKED?

Jerry:
These are our premium tokens we offer in our token minter. I can confidentally say you won’t find any tokens available like these. The Fully-Baked is very similar to the contract we operate now for Kodi. Both tokens gives you the ability for a tonne of customization, such as choosing your tokens rewards, implementing a variety of unique fees like buyback, salary, and staking. These fees can also be customized to be in reflected in BNB, or a native token of your choice.

The Half-Baked is 2 BNB and the Fully-Baked is 3 BNB. They can be minted on all the blockchains we have available and have similarly prices in each native blockchain. You’re looking to pay maybe 4–5x times that amount for a similar contract elsewhere. You can see our services fees here and further down steps on how to create:

https://docs.cookiesale.io/cookiesale/getting-started/service-fees

5) MÁÑÉ:
How secured is your platform? Have you applied security audits for your smart contract? Is there any audit checklist applied to your platform?

Jerry:
Our platform has been built with security as a primary focus. We’ve worked with some of our approved auditors in developing the backend and securing our smart contracts. We’ll eventually have our entire platform audited by CertiK to give users an additional level of confidence

6) 🇧🇫HI KOBA🇧🇫:
Where can I currently buy Token?

Raiden ₿:
You can purchase Kodi right now on pancakeswap. Please visit www.kodicoin.com

The cookie token will be released in a months time.

7) Rmasd ne:
How do I win on the whitelist?

Raiden ₿:
Please read my previous reply regarding Shill Army and Sweepwidget. 👍

8) Munna Bhaiya:
You recently had so many AMAs and some upcoming AMAs too.

What is the reason behind these much AMAs? What do you want to achieve from it? What are your other marketing strategies?

Jerry:
We want to raise as much exposure of our platform and upcoming Cookie Token as possible! The benefit of doing more AMAs also lets us gain different perspectives as well as unique suggestions on CookieSale. The more input we have from everyday investors the better we can continue to grow and develop our platform and entire ecosystem 🙌

*This segment ends here*

Jerry:
Great questions guys, wish we could answer them all!!

Ramsy | Crypto Miners:
Thankyou so much Guys For your valuable answers and information about CookieSale 💜💛

It Was Pleasure Hosting An Ama With You guys

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

Jerry:
It was our pleasure, really appreciate you guys for having us on and everything you do for the crypto community ❤️

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

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

Website: https://cookiesale.io/
Twitter: https://twitter.com/cookiesaleio
Telegram: https://t.me/cookiesale
Instagram: https://www.instagram.com/cookiesale.io/
YouTube: https://www.youtube.com/channel/UCnk63FkhDsHhlKItKhAE_bg
Medium: CookieSale

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CRYPTO MINERS
CRYPTO MINERS

Written by CRYPTO MINERS

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