Here’s our 133th AMA recap!

Thank you to the Infinity Chain for participating in Ask Me Anything (AMA) with LPI DAO October 4, 2021. This guest star,

• Mister White — Project CEO
• Solly- Marketing Director

Introduction

Mr White :
I am Mr White from LPI DAO, prior to getting involved in crypto, I worked with publishing and media outlets and I did a lot of investing as I had a deep interest in stocks & forex trading, which I had been involved in for many years. I had an interest in bitcoin from very early days although the uncertainty at the time kept me away. Then later seeing the mass adoption of crypto and my interest in investing I was drawn towards the crypto environment. I am the project leader at LPI having pitched the idea to the team and followed through with it assuming a leadership role within the project.

QUESTIONS MODERATOR

What is LPI? Can you share with us more in detail?

Mr White :
LPI DAO — is a decentralized seed investment platform consisting over 1000+ investors, Financial funding is not the only support we offer to project as we utilize the power of our community to assist your project with community building, we offer project exposure with onboard KOL’s, influencers, youtubers and we can offer AMA’ as well. LPI can assist projects by connecting them with other VC’s and investors in our network as well as assistance with launching and doing IDO’s as we have many Launchpad partners. These are some of the ways in which LPI can assist however we do have more to offer.

This is the core of the LPI project, but we have more

LPI is a cross chain Seed Investment platform specializing in NFT and GameFi.The platform provides investors access to early investment opportunities in upcoming projects through seed and privates sales. LPI is a unique platform as it focuses on trends and specializes in these market sectors, while getting the community and investors involved in the projects selection process and governance.LPI and hosts the LPI Dev Hub, a free to use marketing tool for all upcoming projects, where developers can list their projects and gain attention of VC’s and Launchpads to source Backing and funds.

The idea is to bridge the 2 platforms of the LPI Project and operate in a manner where the LPI seed investment platform can Raise funds for high potential projects on the LPI Dev Hub and get these projects launched through our Launchpad partners.

What triggers you to launch LPI? What are some of the real-world problems/pain points that LPI aims to solve?

Mr White :
We had a very unique and interesting concept which LPI DAO would have been. The project had been worked on for Months before we started working on the current concept of LPI DAO. It was a unique 1st of its kind project through which we had many backers and investors however at the time the market wasn’t ready for such an advancement.

LPI understands the difficulties and challenges faced by teams of upcoming projects and have created the Dev Hub platform to provide a solution to upcoming projects by assisting them in acquiring the support they need. The Dev Hub is a free-to-use marketing platform for developers of upcoming projects, to list their projects providing all relevant details and requirements such as funding and backing needed. The platform will be marketed to VCs and Launchpads

While LPI would like to assist as many projects as possible to turn their ideas, concepts, and dreams into a reality by providing early-stage funding, incubation, and acceleration. There is a limited amount of projects which can be assisted through the LPI platform. To provide an alternative solution to these developers and designers, LPI hosts a Developer HUB for teams to list their projects and gain attention from a vast network of project backers and launchpads, as VCs and Launchpads can find market or network specific projects that interest them through the platforms categorized structure.

We understand the market and what is needed by both developers and investors

Could you tell about LPI tokenomics?

Mr White :

Vesting for IDO and seed investors will follow 1 and 2 months of linear vesting to ensure new investors are not affected by the release of these tokens.

We have strategically planned our tokenomics for long term performance of the project.

Who are LPI current partners and backers?

Mr White :
Currently we are working the following VCs: Ronin Capital, 925 Ventures, MIG capital, LP Ventures
We are currently in talks with many projects for partnerships and strategic collaborations to increase our network of capital funds, VCs, and launchpads. Some of our launchpad Partners are Yellow Road, Multipad, Eloin, Brandpad, CFI Samurai, The industry network Launch Pool and a number of others.

Are there any exciting news or updates with regards to LPI that you would like to share with us here?

Mr White :
Oh yes there is Big things lined up
LPI will be hosting many different projects seed sales on the Platform, this is the best opportunity for investors to start earning at a very early stage.

GameFi and NFTs are so big right now, and thats the projects we will be bringing our investors.🔥🔥

We have Just initiated the LPI staking platform where token holders can stake and earn high APY rewards.

We are launching our Dev Hub platform very soon.

LPI will also be starting the buy back and burn mechanism in a short space of time.

LPI will be offering community rewards

NFT integration

High profitable projects for investment and future CEX listing.
🚀🚀🚀

QUESTIONS TWITTER

I Read That LPI is not yet designed to operate as Launchpad. But the LPI Platform has been designed to operate in a market position parallel to VC and Launchpad. Then what is the purpose of this platform? And The Relationship Between LPI And GameFi And NFT Projects?

Mr White :
The LPI platform has been designed to operate in a market position parallel to VCs and Launchpads. The objective of the platform is to work in conjunction with both VCs and Launchpads to curate the best and high-quality projects that will bring value to the crypto environment. LPI is a cross-chain seed aggregation platform that specializes in GameFi and NFT acceleration with the capacity to incubate projects from any market sector. With the incorporation of the LPI Dev Hub, we aim to revolutionize how start-up projects find and source funding/ backing for their projects.

LPI DAO will back projects along with VC partners which will serve as a means of bringing high-quality projects to the LPI platform while offering funding support to projects. LPI will offer VC partners allocations in any high potential project on the LPI platform.
The Aim of LPI is to bring investors early access to projects through seed and private sale rounds which take place before the scheduled IDO which happen on Launchpads

How does the Scouting for potential projects occur in the platform?
Will the scouting be done exclusively by LPI token hokders?
Do you take community suggestions on incubating a new project?

Mr White :
The LPI team scouts for high-potential projects while working in collaboration with various launchpads to deal flow access to seed sale tokens for projects launching on their platform. Projects sourced by the LPI team are then offered to the LPI token holders and they can give their suggestions on the projects. The LPI community and token holders can also make suggestions and request projects to be sourced for investment.

Nobody can guarantee the security of Smart contract. But Audit play an important role to find out the known bugs of smart contract. Can you tell us describe how strong is your security ? Have you done an audit by any third party ?

Mr White :
We have been audited by Solidity Finance an external 3rd party auditor. The audit is available on our site. All aspects of the LPI platform follow very strict security protocols.

The two major focuses of the LPI DAO fund are the native token’s growth potential and IDO returns. Can you give us more details about your platform’s two focal points? Why did you chose to focus on native token’s growth potential and IDO returns?

Mr White :
These are the most important aspects that will attract investors and keep all our current investors happy. BY ensuring The LPI token value is increasing all our current investors will be pleased to continue investing with us, while this will attract new investors as well. Secondly it is important for us to focus on providing the platform with projects that will have great listing prices after their IDO’s. As investors want to earn from these projects.

You stated “LPI token will be offered to investors in both ETH and BSC networks for convenience and ease of access” but why did you choose ETH and BSC? Will the LPI DAO be seen in different networks in the future?

Mr White :
These networks are the easiest for most investors to invest on, However we will be considering bridging to other networks and CEX listings. This is just the LPI token. In terms of the investment platform we will be offering projects from all networks

QUESTIONS TELEGRAM

Where can I buy your tokens right now what is your current contract and how can I buy them?Will you have any other DeFI feature like staking, yiekd farm or NFT in the future? Can share a little about your roadmap?

Mr White :
Contract: 0x3428ebF69d2Db64a056c68871F27C9e0310F26c9

Buy on PancakeSwap: https://pancakeswap.finance/swap#/swap?outputCurrency=0x3428ebF69d2Db64a056c68871F27C9e0310F26c9

Dextools : https://www.dextools.io/app/bsc/pair-explorer/0x625bc769032bfdfb311285bb49c5c47fe16b8f46

We have already implemented our high APY reward staking where you can stake your LPI or LP tokens and farm more LPI tokens.

We will soon be integrating NFT farming and rewards too.

Can you tell me a feature or THE features that you like the most about the project so that it can compete with other competitors? What makes you most confident about your platform?

Mr White :
LPI is different in several ways and has an advantage over competitors as we will connect our platform with the LPI Dev Hub and therefore we will have a continuous supply of projects that we can select from. While we don’t only focus on a specific market sector LPI will follow market trends as they change and bring trending projects to the platform for investors. We are a fully cross chain platform as well.

At LPI the community is very important and plays a big role. We involve the community and listen to the community and will allow their participation in project selection for the platform.
This can be seen in the benefits of our top 2 tiers.

Do the token holders have right to participate in the governance of the project? On what kind of decisions can they vote on about the project??

Mr White :
Yes tokens holders will have governance rights in the project as we are a DAO. Most importantly they will be able to participate in project selection for the investment platform as well as general running of the platform as they may create voting suggestions on our offchain voting page, which will be released on our website.

Ambassadors Play A Very Important Role in Every Project Do You Have On Ambassador Program ??
IF Yes ,,
 How Can I BE One ???

Mr White :
Yes we utilize ambassadors, you can message in our official group and ask for our marketing contact. to submit your proposal

How can I participate in your IDO?

Mr White :
You will need to purchase and stake the minimum required amounts of LPI tokens or BNB-LPI LP tokens. Once your tokens are staked you can click on the tier icon on our website and join the private telegram group

• Telegram Chat : https://t.me/LpiDaoOfficial
• Telegram Channel : https://t.me/LpiDaoNews
• Twitter : https://twitter.com/LpiDao
• Website : https://lpi.finance/
• Medium : https://lpi-dao.medium.com/

Thank you for trusting Infinity Chain as the organizer of the event today, hopefully everyone can understand about LPI DAO.

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