AMA Recap: CRYPTO MINERS X VULTURE PEAK

CRYPTO MINERS
10 min readJan 16, 2022

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Vulture Peak is a pioneering Launchpad and an Investment fund focusing on blockchain games, NFTs, metaverse, DeFi, and other recent developments in the blockchain space. It aims to provide equal opportunities to all by investing early in projects and providing easy access to all to participate in IDOs (Initial Dex Offering) on First Come First Served (FCFS) basis. The platform is currently on Binance Smart Chain (BSC) and it will add on other networks as it moves forward to make Vulture Peak a multichain platform.

We hosted an AMA session with Vulture Peak on 14th January.

Mr. Ramsy was the host from Crypto Miners and Mr. KS was the guest. He shared delightful knowledge and unique features of Vulture Peak.

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Segment 1️⃣: Introduction

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

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

KS | Vulutre Peak:
hi everyone, thanks for having us. I am KS, Vulture Peak's Project Lead

👋👋

Ramsy:
Hello KS 👋

How are you today?

KS | Vulutre Peak:
fine buddy.. how about you?

Ramsy:
Doing Great 🤝

KS | Vulutre Peak:
i see you guys doing great here 👍👍

was just observing the earlier session

Ramsy:
✌️❤️

Thanks for bringing Us Vulture Peak❤️

KS | Vulutre Peak:
sure, pleasure

since we are already behind schedule.. lets get it going..

i am very excited to be here..

hope i can answer all the questions here 😃🙌

Ramsy:
I'm pretty sure that our AMA participants are very much excited to learn more about Vulture Peak, So let's get started 🚀🚀

KS | Vulutre Peak:
yep, lets do it!

Ramsy:
Dropping Our First question from this segment...

Q1) Can you give a brief explanation about 'Vulture Peak' .What popped up in your mind to create such a platform in this Space?

KS | Vulutre Peak:
Vulture Peak is a pioneering Launchpad and an Investment fund focusing on blockchain games, NFTs, metaverse, DeFi, and other developments in the blockchain space. It aspires to empower everyone with an investing power by providing equal opportunities for all to invest in the early stages of the projects.

The overall blockchain industry has been growing so fast and we see more & more people joining in the crypto space. However, it has mostly benefited only a certain segment of the society and it is difficult for ordinary investors like you & me to participate in the early stages of the project to make considerable gains in our investments.

Vulture Peak aspires to provide a level playing field for all by providing equal opportunities to participate in IDOs and in the early stages of the project.

Ramsy:
Thanks KS For this awesome Start 🤝

KS | Vulutre Peak:
thanks 😃

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?

KS | Vulutre Peak:
sure, lets have it

Unlike other Launchpads, Vulture Peak requires no staking or locking up of tokens to get whitelisted. It’s on a First Come First Served basis and there is no tier system.

The participants only have to deposit a minimum amount of VPK tokens (Vulture Peak's native token) as registration fees to get whitelisted and the allocation is guaranteed for whoever comes in first. The deposits will be in the range of 10 – 30$ worth of tokens only.

Deposit VPK tokens >> Get whitelisted >> Buy IDO tokens >> Claim tokens

The overall process is made very easy, hassle-free, and straightforward.

Additionally, we have a deflationary mechanism for VPK tokens, whereby, at certain random intervals, the VPK tokens that were collected as registration fees would be burnt after carefully studying the market condition.

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

KS | Vulutre Peak:
We have experienced team members who are well-versed in the overall functioning of the crypto space. Our tech team is from a reputable blockchain software development company from Vietnam which makes our task a lot easier and faster as they were able to deliver the task quickly without much delay because of their gifted skills and long years of experience.

Our marketing team has vast networks and connections in the crypto space which takes our project’s reach to a wider range of audience and helps spread the word. They have all the required tools and tactics to make a buzz in the market and create awareness amongst the crypto community to wisely choose their platforms to participate in IDOs.

Additionally, we are being incubated by Oddiyana Ventures, another well-known Institutional VC, who has invested in more than 60+ projects in 2021, incubated several projects and is advisor in some of the successful projects right now. They guide us and support us through all our stages and it has been very enriching to work with such talents.

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

KS | Vulutre Peak:
Vulture Peak’s native token is VPK token. It will be used as a registration fee to get whitelisted for IDOs on our platform on a First Come First Served basis. We will also have defi tools like staking and farming pools.

In staking, user stake the VPK tokens and VPK-BNB LP tokens to gain points which can later be used to receive bonuses from the profits generated by the platform over time. Similarly, in farming, users can stake VPK tokens to earn reward tokens.

Vulture Peak will also gamify its platform over time by building small creative mini-games on its platforms and the users will be required to use VPK tokens to play these games. The games will have attractive prices.

Similarly, it also aims to incorporate Vultureverse, a metaverse feature in its platform in the future by collaborating with other projects. For this, users will be required to use VPK tokens.

So these are some of the token utilities that we have right now and we will innovate & create more additional interesting features in our platform to create more use-cases for our token as we move on.

Ramsy:
Alright, let's move to our last question from this segment...

KS | Vulutre Peak:
sure

Ramsy:
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 Vulture Peak? If possible could you please share road map with us.

KS | Vulutre Peak:
The idea for the Launchpad was conceived in the mid of last year but the actual works were started only in October 2021. It took us slightly more than three (3) months. Currently, we are only on BSC. We will add on other networks like Polygon, Solana, Avalanche, etc. depending on the demand in the market, to make Vulture Peak a multi-chain platform. Vulture Peak would be the most convenient and the easiest platform to participate in IDOs of potential projects.

And as we move on, our community will grow and we aspire to become a community-based VC and provide opportunities for people to invest in the early stages of the project. I will upload our roadmap here for more details

Ramsy:
Thanks KS for this well detailed introduction about Vulture Peak:)

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

KS | Vulutre Peak:
yea.. thanks for those questions..

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

i hope you're ready for that!!

KS | Vulutre Peak:
yea.. i am

Segment 2️⃣: Twitter Questions

Ramsy:
1) Vulture Peak is a launchpad. Why a new project should choose Vulture Peak for IDOs before they go for Mainstream? How to participate in your presale rounds? Any vetting process to avoid scams and rug-pulls, so we can invest without worrying about losing our hard-earned money?

KS | Vulutre Peak:
Vulture Peak would be the easiest and the most convenient platform to participate in IDOs and because of that, we will have huge community joining in our platform which would be good for the project's exposure and marketing. Thats why, projects would come to us.

We have two rounds: private and startegic rounds which the investors can participate. Our code is under review by Zokyo and we are backed by reputable VCs in the crypto space which people can have faith on.

Ramsy:
2) I read that Vulture Peak is holding a creativity contest and most active contest where we are able to earn $50 worth of IDO allocation. Can you tell us about the mechanics of these two contest? When will the winners be picked? And is this open for everyone?

KS | Vulutre Peak:
Yes, this is open for all. We will have a medium article posted for that soon and we will have all the details there. Please stay tuned. 😊

Ramsy:
3) I just checked your website and realized vulture peak doesn't support staking and most crypto earner out there are huge fan of staking if vulture peak doesn't support staking what's your selling point then and what is the reason behind no staking

KS | Vulutre Peak:
We will have Staking and Farming pools to create utility for our tokens. Its currently under development and we are almost done with it.

I understand your concern. Thanks for sharing it :)

Ramsy:
4) What is "vulture_peak" next marketing plan? For large holders what are the main benefits of your project for long term holding?

KS | Vulutre Peak:
We will have two defi tools: Staking and Farming pools.

But for staking, unlike other staking features, when users stake their VPK tokens or their VPK-BNB LP tokens, they will be able to earn points which will later be used to gain some bonuses from the profit generated by the platform in the long run. We have plans for profit sharing in the long run.

And for farming pools: Users can stake their tokens and earn rewards in tokens.

So large token holders will enjoy these features not to mention the deflationary mechanism that we have, will also help in pushing the price.

Ramsy:
5) Vulture Peak is a launchpad platform allowing users to get the easiest access to get whitelisted in IDOs. Is this open for all? Do you implement a first come first serve basis in users? How can users participate in an IDO?

Here is our last question from twitter

KS | Vulutre Peak:
yes, its open to all. No staking, no locking of tokens.

You only have to deposit small amount of VPK tokens to get white listed. And after you are whitelisted, your allocation is guaranteed and you can buy the IDO tokens.

Deposit VPK tokens >> Get whitelisted >> Buy IDO tokens >> Claim tokens

As easy as it is :)

Yes, its on First come first served basis.

Ramsy:
Cool 👌

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

KS | Vulutre Peak:
ok, lets do the last part then.. this is the most exciting part!!!

lets hear from your community directly 😊

Ramsy:
Let’s 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)Mustafa Turan:
Which of the following aspects is more important to you?
1-Increasing the token price and value,
2-Developing + strengthening the platform, 3- Building trust in society + inspection, testing,
4-Globally expanding partnerships and supporters Please answer in what order?

KS | Vulutre Peak:
All of these are very important to us, but we give priority to 2) Developing and Strenthening the platform, because, if we get this done properly, then your others points will naturally follow us :)

2) Carson II colton:
Do you have a Token Burning plan to increase Token value and attract Investors to invest?

KS | Vulutre Peak:
Yes, we do have token burning mechanism. A certain portions of the VPK tokens that we collect as registration fees, will be burnt at random interval after carefully studying the market.

this will act as a deflationary mechanism for the project

3) 🍄🍄🍄সাইদি ইসলাম🍄🍄🍄:
Can You list 1-3 Killer Features Of This Project That Makes it Ahead Of its Competitors? What Is The Competitive Advantage YOUR Project Has That You Feel Most Confident About??

KS | Vulutre Peak:
We have the most easiest and the simplest procedure to participate in IDOs.

Deposit VPK tokens > Get white listed > Buy IDO tokens > Claim tokens

*This segment ends here*

KS | Vulutre Peak:
my apologies for not being able to answer other important questions ..

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

KS | Vulutre Peak:
but you guys can always follow us here.. Please stay tuned..

same here.. Thanks a lot for having us..

your community here is awesome.. cheers!! 🍻

Ramsy:
Best of luck for the future 💕

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

Website: https://vulturepeak.io/

Twitter: https://twitter.com/vulture_peak

Telegram: https://t.me/vulture_peak

Channel: https://t.me/VulturePeakAnnouncements

Facebook: https://www.facebook.com/VulturePeak.io12

Medium: Vulture Peak

Instagram: https://www.instagram.com/vulture_peak.io

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