AMA Recap: CRYPTO MINERS X MINDROP

Minedrop is transforming DeFi with the Mind Autostaking Protocol (MAP) that delivers the industry’s highest fixed APY. It is a decentralized financial asset which rewards users with a sustainable fixed compound interest model. Mind makes Financial Freedom through passive income for everyone. Mind is a evolutionally web3.0 platform positioned to lead a revolution in Defi with the Mind Autostaking Protocol or MAP, a new financial protocol that makes staking easier, and gives the highest stable returns in crypto holders in the form of $MIND token. Mind is a company focused on Defi innovation that creates benefits and value for Mind token holders. MAP protocol that is used within the Mind token grants exceptional benefits for holders of $MIND.

We hosted an AMA session with Mindrop on 22nd march.

Mr. Ramsy was the host from Crypto Miners and Mr. Roy and Mr. Sean was the guests. They shared delightful knowledge and unique features of Mindrop.
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Segment 1️⃣: Introduction

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

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

Roy:
Hello everyone

Sean:
Hello

Ramsy:
Hey guys 👋

Welcome here
Thanks for bringing Us Mind Protocol ❤️

Roy:
Hello Ramsy

It’s our pleasure

Ramsy:
How are you today guys??

Sean:
Doing great and what about you

Roy:
Doing great, happy to be here

Ramsy:
Iam good 🥂

I’m pretty sure that our Community is very much excited to learn more about Mind Protocol ✌️

So let’s get started if you guys are ready!!

Sean:
We are ready

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

Roy:
Minedrop is a decentralized financial asset that reward users with a sustainable fixed compound interest model.
It delivers the industry’s highest fixed APY up to 385,047.90%, paid every 15 minutes, 96 times daily, it operates on a simple buy-hold-earn system that grows your $MIND portfolio in your wallet fast. A 1000$ Mind investment will give you 3,850,479.00$ Mind in 12 months.

We decided to create MIND platform with one major thing in mind, financial freedom. Crypto as it stands now, favours few people( whales and those that have mastered the art of investing), others either loses or are scammed in their pursuit of gains moving from one project to another. We decided to develop a platform that people can earn passive income without having to do anything, just invest, hold and earn.

Ramsy:
Thanks Roy for this well start about Mind Protocol 👌

Roy:
You are welcome Ramsey

Ramsy:
Now let’s see our second question from this segment…

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

Sean:
Minedrop is a unique project, it is the first ever 2 in 1 Yield Generation token. It is establishing a new standard in Defi Tokenomics with its innovative and game changing dual token distribution strategy known as “Hold one earn from two”. We have many competitive advantage over others, first we have the biggest fixed APY, also if you check our liquidity ratio, we are far healthier than others. We have the biggest potential for growth. Also we have an ecosystem which stands us out from the others, holders of MIND can mine Spurt (our other token in the ecosystem) free. Their mined Spurt also generates 7% Busd reflection to them, making it triple rewards just for holding Mind. This is a game changer. You can easily get your investment back within weeks and all will be gain. Also we have NFT rewards which we are going to introduce Soon, no competitor is doing this.

Ramsy:
Cool 👍

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

Roy:
We have what I will called the most strategic team, this is because we are from different backgrounds and culture. We have a team member from almost all continent apart from Asia (though we will onboard someone from Asia soon), we are made up of technocrats that are vast in different fields. Since our launch, we have faced what I see as the highest attacks I have witnessed in cryptosphere. Our team have handled this as professionals, many projects would have died but we are stronger now, this is because of the experience of the team. We acts strategically, knowing when to do things especially in the face of a calculated attacks is very important and it’s wisdom. With the team experience, we have scaled through many hurdles and are headed to the top.

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

Sean:
MIND is the utility token in the Minedrop ecosystem. Like stated earlier, it rewards users with fixed APY like never seen before. It also gives holders access to mine Spurt token free, which gives Busd reflection to holders. Also holders will have exclusive access to our Launchpad, they will be able to participate in premium Idos on our Launchpad before anyone else. It also gives holders access to our rare NFTs collections which they can stake and earn more. Every buy and sell transactions in the ecosystem attracts 14%/16% tax of which 5% goes to the MIF( Mind insurance funds), 3% buy & 5% sell to the treasury, 4% to liquidity which are done automatically and 2% are burned to reduce supply and increase value of each Token.

Ramsy:
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 MineDrop If possible could you please share road map with us.

Roy:
The harmonisation and development of the ecosystem have been on for a long time now, it took lots of agreement and disagreement to arrived where we are now, the actual development started four months ago, it wasn’t easy but it’s worth it.

We have many things lined up, the first among them is our Mobile Miner that enable Mind holders access to mine Spurt, it is fully developed now, we are doing rigorous security testing now before it will be released. It’s going to be a game changer, we are also working on our Nft minting and market place. Our Launchpad is ready and we will start accepting request from new vetted projects, only after thorough investigation. Once all this are fully implemented, expect to see onwards of 100 million market cap and tens of thousands of holders.

Ramsy:
Thanks Guys for this well detailed introduction about Minedrop:)

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

Sean:
Thanks Ramsy

Roy:
Thanks Ramsey

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

i hope you guys are ready for that!!

Sean:
Sure we are ready

Roy:
100% ready

Ramsy:
So our first question is here….

Segment 2️⃣: Twitter Questions

1) To increase the value of tokens, it is necessary to use certain mechanisms, everyone calls them differently: buyback, burning of tokens, and some project even call it Black Hole! So, what mechanisms do you use for increasing the value of your token? can you tell us about them?

Sean:
Yes, we have many strategies to increase token value, if you check our dashboard, you will notice that our total supply is far bigger than the circulatory supply, this is because of the burning mechanism we employed since our launch. We have burned a total of 15.3% of supply and are still burning. We just announced 200 BNB buyback and burn, it’s currently ongoing and are strategically done to avoid jeeter dumping. Also like I said earlier, 2% of every buy and sell transactions are burned in the stone fire wallet. Our burn rate will keep supply in check and will result in increase in holders ratio to holders and in value also.

Ramsy:
2) Getting the trust of users in this bear season is indeed a big problem. What marketing strategies are implemented by to gain more user belief? On what factors should me as an investor invest? How are you planning to expand your market to non-crypto users?

Roy:
Every experienced investor even outside Cryptosphere will tell you that seasons like this comes often, this is when they increase their hold but unfortunately in BSC, we have many newbies that dumps their bags in bear season. It’s miscalculation on their their side. You hardly make headway investing that way. Generally the Crypto market as a whole is struggling, also individual projects have their bear and bull period, you don’t sell in bear season, you accumulate.
The best way we decided to gain our community trust is by work, create more utilities, irrespective of the present price, it has been working working, they know that price can change anytime. Like I said earlier, our mobile Miner will be live soon and it will be a game changer

Ramsy:
3) Today, there are over 5,000 cryptocurrencies. And I believe that 70% of them have no utility. Can you give me three good reasons why #Minedrop is here to stay and has real utility that will drive up demand for the token in the future?

Sean:
Most newbie investors are moved by promises, some projects owner knows this and will employ a public speaker that will always speak eloquently to the community, giving them hope that may not come through. That’s why most loses their investment at the end of those empty promises. We are different, we believe in creating utilities. We have many features that you can’t see elsewhere, dual token platform, triple rewards, launchpad, NFTs and many more. It may take a little time to be noticed but it will explode once it’s noticed.

Ramsy:
4) In my opinion, Staking platforms have been one of the preferable ways on earning ever since DeFi’s rise. Do you have plans to make or integrate a staking platform? If so, where can i Stake $MIND token?

Roy:
Like I said earlier, Mind is unique. You don’t need to stake it to earn, it is Auto Staking and Auto compounding token with fixed APY up to 385,047.90%, which means that you are staked automatically the moment you buy Mind. It operates on a simple buy, hold and earn system. You don’t have to do anything. We also have manual staking platform for the other token in the ecosystem, when you buy or earn Spurt from Mind mining, you can stake it and earn more Spurt and Busd reflection.

Ramsy:
5) Talking about the security, As we know Nobody can guarantee the security of Smart contract. But Audit play an important role in finding out the known bugs of smart contract. Can you tell us how strong your security system? Have you done an audit by any third party before?

Here is our last question from twitter

Sean:
Like we use to say in our community, security is our first priority, it is when your funds are secured that you will talk about making profits. If you make a million dollars without security, you will lose them all. We have competent security team members, our contract have also been externally audited. We would’ve released our mobile Miner but because we take security serious and in other not to risk investors funds, we decided to delay it till we are 100% certified safe.

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

Sean:
Thank you Ramsy

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

Shall We Go guys?

Roy:
Yes

Sean:
Sure

Ramsy:
Lets go

Segment 3️⃣: Live QnA
(In this segment group was opened for 60 seconds and Miners sent hundreds of questions. Guests 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 ?

Sean:
Yes we have been audited by tech audit and certified that our contract is safe.we have no mint function,trade cannot be stopped,fees cannot be changed.
You can check our audit report here

https://github.com/Tech-Audit/Smart-Contract-Audits/blob/main/TECHAUDIT_MINEDROP.pdf

2) NormLife:
Did you accomplish everything you planned from the day you started the project or did you have to make serious changes to your main idea at the beginning?

Roy:
Like I said earlier, the harmonisation of the ecosystem took a long time, there were lots of disagreement and agreement. What makes a project great is the ability to adjust and grow according to trends. We changed some concepts along the line but kept the foundation. We are technocrats and will always modify and adjust according to time and trend.

3) Muwaj:
I am interested to invest in your project but i have a little doubt weather your platform is suitable for crypto beginners like me Or is it only for limited to professional users? sir.

Sean:
Our platform favours all holders. once you buy mind,you earn 2.26% of your total token every day.then you can aswell mine spurt through our mining app.the spurt you mine as well earn busd rewards for you.so by having mind,you earn mind,spurt and busd.

4) Beautiful:
Where Can I buy Your token Right now?
PLEASEP Share All links of Your Project..??

Sean:
You can buy on pancakeswap.join our telegram group,ask for contract and then buy from pancakeswap or poocoin

https://t.me/mindProtocol

5) OVI SAHA[will never pm you first]:
All project coins have their main Utilities & real-life use case! So, can you tell us what are the main role of your coin in your ecosystem? Explain its Utilities & Real-Life use cases? And Why should I invest in your coin for long term?

Sean:
Because of our dual token platform.first of it’s kind in crypto world. With mind,you earn more mind,spurt and busd.
Which other token offers such?????

*This segment ends here*

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

Roy:
Thanks Ramsy, it’s our pleasure

Sean:
Thanks for having us here

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

Roy:
I encourage everyone to join our group to have more information about our project. Also you can never be free in life until you create a passive income. Don’t just jump from one project to another, Mind is all you need to be free, and the best part is that we are just getting started, lots of utilities are lined up, join now before the explosion of price.
Thanks everyone

Ramsy:
Time To Conclude Our AMA Section

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

Roy:
🤝

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

Website: https://http://www.minedrop.net/
Twitter:
https://twitter.com/mindprotocol
Telegram:
https://t.me/mindProtocol

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