AMA Recap: CRYPTO MINERS X DAMNCOOL

DAMN is dedicated to combining blockchain and artificial intelligence technologies to provide intelligent investment services for DeFi. DAMN will not only evaluate the yield of each DeFi protocol, but also evaluate the hidden risks behind each NFT+DeFi platform, and make comprehensive decisions on investment strategies and portfolios.

We hosted an AMA session with DamnCool on 10th November at 9:00 AM UTC.

Mr. Ramsy was the host from Crypto Miners and Mr. Mike was our guest from DamnCool. He shared delightful knowledge and unique features of DamnCool.

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Segment 1️⃣: Introduction

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Ramsy:
Hello everyone 👋 and welcome to the Crypto Miners AMA session with DAMNCool

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. Mike, Welcome to our community 🤝

Mike:
🙂 DAMNCool's Mike here, thank you for having me here!

Ramsy:
Glad to see you here ,
Thanks for bringing Us DAMNCool❣

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

Mike:
Sure! Let's do that 😄

Ramsy:
So Let's Go 🚨

Q1) Can you give a brief explanation about 'Damn Cool' .What popped up in your mind to create such a platform in this space?

Mike:
Of course!

DAMNCool is building a revolutionary 🤖️AI-powered DeFi ecosystem, to help users manage their on-chain cryptoassets at ease, and get high yield returns through our intelligent AI yield aggregator.

The project name comes from our experience participating multiple blockchain projects. There are so many scams, rugpulls, and institutions that controls the price.
So we thought, "DAMN IT! Why do we have to be forced accept all these things. We can create something cool, and something that can be really beneficial to the users!"

Then, "DAMNCool" was born.

We hope DAMNCool can use it fairly designed platform mechanics to attract people and projects with POTENTIAL to our ecosystem.

Unite the majors, not the capitalists, and get rid of those "DAMN UNFAIR THINGS" in the blockchain world.

Ramsy:
Interesting 👌

let's move to our next question..

Q2) So what are your main features and advantages that discern you from other projects? and Also Share a Overview About Your Marketplace ?

Mike:
We are creating an 🌲ecosystem that links DEX, NFT Marketplace, Yield Aggregator and Mobile app altogether, providing you the best one-stop asset management service in the blockchain world.

Now about our marketplace:

Our marketplace is mainly for 🖼NFT trading, we are constantly updating it and we strive to provide the best user experience there.

Beside that, we also have our very own NFT artwork collection - 🔥DAMNPunks, created in collaboration with our artist B.W. The first batch release of 120 DAMNPunks NFT, set at a low price at 0.05BNB was generally praised by users, and was sold out within minutes.

There are also more artists/content creators coming on the way, with their IPs and creations to be put on our platform.

NFT are a pretty important part of our ecosystem, and every official artworks will be deeply integrated with our other products, as a 🎫 "Proof-of-Equity" on our platform.

With these NFTs in hand, users can get special token airdrops as reward, and in the future, these NFTs will be stake-able, and can be used to do liquidity mining.

We're truly bringing DeFi to NFT, it's way more than just a JPEG file, we want to make it a revolution of investing.

Just some extra info about our DAMNPunks NFT, in case you are interested 🙂

DAMNPunks is an NFT artwork collection we made in collaboration with an awesome artist B.W.

We'll release a total of 1,200 unique DAMNPunks NFT, with price GRADUALLY increasing for each batch of them.

That's about it!

Ramsy:
thank you for sharing this valuable information About DAMNCool, Now let's see to our next question..

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

Mike:
Our project's early contributers are experienced people that's been working in metaverse & GameFi, and been part of SHIB, WSB community, so we know - deeply in our heart - what users want, and what they want to achieve.

Currently, we have our social media accounts & telegram groups with a total of 50,000+ members following, and of course the number is constantly increasing!

With our team's experience and people's commitment, we'll truly bring revolution to the blockchain world.

Ramsy:
Q4)Now Share us about your token, What are the some of utlities of $DAMN Token in Your Ecosystem? And if possible share to us the Tokenomics of $DAMN

Mike:
🪙DAMN token is the governance token of the DAMNCool ecosystem.

Tokens can be used to redeem "equity cards", get initial return in high yield vaults, and for participating in DAO voting between various DAMNCool ecosystem products.

Of course, there's 🏷 price attached to the token, so it's also act as a kind of store of value, users can trade them anytime if they want to, or even better, 🥩stake them, put them into our yield aggregators, using our vaults to get the highest staking rewards possible.

Now move on to the tokenomics.

The total supply of the token is 100,000,000,000 $DAMN, and will be linearly released in 5 years, at a rate of:

40% in for the first year, 20% for the second, 15% for the third, and 11.5% for the forth & fifth year.

These tokens will be used for:
Ecosystem constructing - 45%
Liquidity mining - 35%
Project partners - 12%
and 8% reserved for our team.

Keep in mind that we currently don't have plan for burning the tokens, we aim for natrual growth 🙂

Ramsy:
Let's hear 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 Damn Cool? If possible could you please share road map with us.

Mike:
Our project is currently relatively new, developed for only about 4 months.

But we already have a working 📱 mobile wallet app, a 🛍 NFT marketplace and a 💱swap feature, also, we are listed on CMC already. So we are making progress FAST.

In the future, we'll release our AI-powered yield aggregator for public use, making DeFi truly accessible to everyone.

Also, there are various exchanges are also very interested in our project, so expect the token to be listed on major exchanges in the near future.

If you are interested for more, here's our roadmap:

👣 Roadmap:
- 2021 Jun. Project started.
- 2021 Jul. Internal testing of the multi-chain yield aggregator, realizing ~20% APY.
- 2021 Aug. NFT Marketplace beta online, multi-chain wallet app begins internal testing process.
- 2021 Sept. Stable version of NFT Marketplace release, introducing new IPs to the ecosystem.
- 2021 Oct. Intensive marketing work.
- 2021 Nov. Mobile app release. Finish the token’s IDO process, release yield aggregator dApp for public use, begin global advertising operation.
- 2021 Dec. Enable NFT staking/liquidity mining.
- Early 2022 Listing on various CEX (OKEx / Binance / KuCoin etc.)
- Mid-Late 2022 Integrating metaverse content to yield aggreagator, NFT platform etc.

Ramsy:
Thanks for that well detailed introduction about DAMNCool🤝
That wraps up the first part of the AMA session✅

Let’s now proceed to the Twitter Questions section, if you're ready!

Mike:
Let's get right to it!

Segment 2️⃣: Twitter Questions

Q1)How does Damn cool handle government regulations and boundaries? And What mechanisms / strategies do you use to keep users motivated and present on your platform? What can the Damn cool platform guarantee or promise in terms of the security and privacy of its users?

Mike:
Got it, give me some time to write the answer 🙂

Well about the government regulations.
Of course, that's a thing we have to consider, but in the blockchain world, our consensus is long-lasting. In order to deal with their regulations, we'll try to put our platform to places/regions where the power of regulation is relatively light.

About how we are going to keep users motivated.
We'll be releasing our own yield aggregator, and mobile platform products (as for now, a secure and easy-to-use app called SecretBox, now available for users to use). We strive to build a metaverse out of our ecosystem, and attract users with various products of ours.

And about the security of our platform:
All of our contracts will be audited, and details of our members will be put out for users, and with our team's experienced developers on board, they'll put their best effort to provide security to our users, making their investments safe on our platforms.

Q2)Can you tell me what is the use case of Secret box in our project? Whats the benefits for users?

Mike:
Well, SecretBox is a secure and easy-to-use crypto wallet, offering you an one-of-a-kind perfect cryptoassets management solution.

With SecretBox, you can create, import wallets, send and receive cryptoassets including NFTs with ease, our wallet supports basically all kind of cryptoassets, whether it's ERC20, ERC721 or ERC1155, you name it, we can store that for you.

SecretBox also comes with a dApp browser, you can easily and quickly use any dApp you want.

SecretBox aims to be the best cryptoasset management tool by providing users with a secure, reliable and easy-to-use crypto wallet.

Q3)Upon surfing throw twitter, i came to see that you have an IDO announcement on table, got an idea that i will be lauch today. so can you tell me the IDO allocations already over? Or ithere still a chance to get in?

Mike:
Yes, we'll launch today at 11:00AM UTC.
But I'm afraid that our IDO campaign is already filled, so you cannot get in right now.
But don't worry, we always have more exciting events coming in the future. So make sure you follow us on social medias, and join our Telegram group for latest updates!

Q4)Most investors focus only on the short-term price instead of the real value of the project. Can you tell about the long-term benefits for investors in the project??

Mike:
Of course! As I said above, our project is still relatively new. So there are always more things coming!

As for long-term benefits, people should look forward to using our yield aggregator for that. People can put their $DAMN tokens into our AI-managed vaults, and get high returns from that! Also, $DAMN tokens also stands for equity in our platform, by holding these tokens, you'll be able to access bonus rewards, get service fee deduction, etc.

So HODL on, guys!

Ramsy:
Thanks Your Valuable Answers❣,
And that's the end ofour twitter question segment.

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

Mike:
Yup, let's do it

Ramsy:
Let’s go.

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

1)When will exactly you’re launching your platform?
Can you tell some detail?

Mike:
Great question!
We are launching exactly TODAY at 11:00AM UTC, which is in about an hour from now!

We'll be listed on PancakeSwap then, so feel free to drop by, and maybe purchase some DAMN token!

Our contract address is: 0xB4AA0CD9FACeB466DB69b825DC666EdAF3293d28

Make sure you check us out!

2) STAKING is one of the STRATEGIES to ATTRACT USERS and HOLD Them and long term. Does your GREAT PROJECT have plan about to Staking?

Mike:
Of course we’ll have a 🥩staking program!

With our yield aggregator coming, users can stake their assets with just one-click of a button.
Making the whole process EXTREMELY EASY and SMOOTH!

Meanwhile, our AI-powered system will automatically choose the best vaults on-chain, and evaluate the risk of them, offering the BEST strategy for users!

Basically: helping users managing risks, and realize HIGH returns at same time.

*This segment ends here*

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

Mike:
My honour! Thanks for having me here!

Ramsy:
Once Again Thank you so much for spending time with our community & Wish all the very best for "DAMNCool"

Community, if you want to learn more about DamnCool, here are important links for you;

🌐 Website: https://damncool.io

🛍 NFT Marketplace: https://app.damncool.io

📕 Whitepaper: https://damncool.io/DAMN_Whitepaper.pdf

🗯 Telegram group: https://t.me/DAMN_Community

📢 Announcement channel: https://t.me/DAMN_Announcement

🐦 Twitter: https://twitter.com/_DAMNCool_

📝 Medium: DAMNCoolOfficial

🤖 Reddit: https://reddit.com/r/DAMNCoolOfficial