Here’s our 96th AMA recap!
Thank you to the Infinity Chain for participating in Ask Me Anything (AMA) with Safe Launch July 1, 2021. This guest star,
- Mando — CMO of SafeLaunch
Mando (SafeLaunch) :
Hey everyone!
I’m Liam, nickname Mando, the Marketing Manager of Safelaunch.
I’ve been in the crypto market for a while now but in marketing game even longer and here to spread the message of SafeLaunch!
For a little on my experience: I’ve worked on some big projects in other industries, including some crypto related companies so now I’m delving into the DeFi world with SafeLaunch
QUESTIONS MODERATOR
Can you give us a detailed introduction to SafeLaunch? And what is the vision and mission?Mando (SafeLaunch) :
SafeLaunch is an exciting new platform that we’ve been creating and launching on 5th July.
It’s one of the first incubator platforms that combines the best yield farming and project incubator on the Binance Smart Chain (BSC). The platform integrates valuable features that will help the investment community make the best investment decisions; the liquidity will be locked for projects to increase the community’s confidence.
In comes SafeLaunch LaunchPad & Incubator helping new BSC projects with audits, marketing, and guidance from our in-house team and our vast array of contacts within the industry. As SafeLaunch facilitates the auditing process and provide our own due diligence into upcoming projects this will make new ventures more trustworthy whilst also protecting the liquidity providers.
So the general idea is to bring back a sense of safety and security to the launchpad space to protect our community’s investment
What makes SafeLaunch different? How does SafeLaunch do better than the competitors? What are the highlight of SafeLaunch?Mando (SafeLaunch) :
We have 3 main things which we believe make us different from our competitors…
1. Safety
Most importantly, SafeLaunch looks to protect investors funds. Investors are offered a well thoroughly and vetted projects that our sought out by our own researchers that reduces the chances of scams or rugpulls which are prevalent in the crypto space right now.
2. Passive Income
Yield Farming will be live alongside the IDO launchpad to provide token holders passive income earning means.
3. Swiss-Knife Approach
SafeLaunch will help projects with pre & post IDO with everything they need from marketing plans, to audits and advise them on the tech side of thing.
We also have 3 different products:
1: Project incubation and launchpad
We’re really doing it differently to everyone else in the space. We’ve changed the concept so allocations into the launchpad will be more than your normal launchpad. We’re also helping projects with early funds so they can hit the ground running, we’ll help them with everything from marketing, design and also with their tech. This is so they can focus on what they do best — the tech.
2: Yield farm
We want more use cases for our token ecosystem than just a launchpad that’s why we incorporated yield farming too, the insanely high APRs at the startt will for sure attract many users. but being in our yield farm is the only way to get access to our 2 other products SafeAllocation and SafePad this will also give you access to a private discord channel.
3: SafeAllocation
This is our community VC at the moment. The ‘Average Joe’ or ‘crypto noob’ usually find it hard to get into projects before they launch and get allocations before a project goes to the moon, at SafeLaunch will do the hard work for our community and go out and find these projects that are pre-launch, get an allocation into their private and seed rounds and then offer it to our community.
Security is a link that everyone cares deeply about. What actions does SafeLaunch take to maximize its security?Mando (SafeLaunch) :
So we take security seriously — as we mentioned above we’re all about ‘safety’, hence why we’re called **Safe**Launch.
And one of the first things we did was making sure to have our contracts audited, which we did by Certik. You can find the info from Certik here: https://www.certik.org/projects/safelaunch
And when it comes to new projects on our platform
Each project that we incubate/launch on our platform must go through our 122points in-depth due diligence check.
This will include KYC of founder members and CTO, audits paid by us through our partnerships with audit agencies, locked liquidity from the get-go and much much more. So Safelaunch will launch projects safely, this is our key advantage to other platforms.
Would you care to explain the tokenomics of SafeLaunch? How $SFE comes into play in SafeLaunch ecosystem?Mando (SafeLaunch) :
Total supply: 10m (no more can be minted)
Mining contracts: 5m (50%)
Presale 2.5m (25%):
- Private round A ($350k @ 0.35): 1m (10%)
- Private round B ($360k @ 0.40): 900k (9%)
- Public IDO ($300k @ 0.50): 600k (6%)
Team tokens: 1.2m (12%)
Marketing treasury: 1m (10%)
Pancakeswap liquidity: 200k (2%)
Airdrop: 100k (1%)
Our token will have a 2.2% burn per tx to make it deflationary, as follows:
1.2 will be burnt
0.5% will goto mining contracts
0.5% to the marketing treasury
Our token plays 3 key roles:
1. You can use it for staking into our pools and earning high APR starting the highest at launch and halving every 10 days.
2. Whilst staked into the pools you’ll get access to our LaunchPad for projects we incubate.
3. You’ll also get access to our private discord channel depending on your lockup period/how much you’re staking (you’ll be given a tier), which will give you an allocation amount into private sales for projects that our cross-chain.
Could you inform to us, how to join in presale?Mando (SafeLaunch) :
Our presale is actually closed yesterday but we’ll be having our IDO on 5th July 😉. You can join our group to find out more about how to get involved in that as we’ll be releasing the details today: https://t.me/SafeLaunch_IO
What can we expect from SafeLaunch in the near future, are there any new events, products/features, partnerships to come? And what are the planned for the future?Mando (SafeLaunch) :
Yes, we have a lot of things planned and confirmed already. Plus, we’re working on a few different things at the same time too.
For example, we have (as I already mentioned) our IDO on BSC Launch, BSC Pad & our own platform.
And we just announced a SafeAllocation raise for Fidira and also a strategic partnership with Onomy & ChainGuardians
QUESTIONS TWITTER
Why #SafeLaunch select Launchpad on Binance Smart Chain? With the high increase of Launch pads projects in the crypto space, what distinguish your project from other launch pads? Can you share some features of your launch pad with us?Mando (SafeLaunch) :
Good question…
So we’re on BSC because of low fees, which makes it much more accessible for our users.
They can get into deals paying less than $0.1 instead of the $50+ fees on ETH — which is a bit crazy.
Some of the key features of our launchpad are:
Fairness
Private and seed investing has thus far been restricted to a select few and often require significant capital. SafeLaunch brings fairness to this process by offering these highly sought-after opportunities to its token holders and reduces the minimum capital required.
Research
The SafeLaunch research team ensures that only the best projects are selected and does the due diligence (our 122-point checklist) required to give investors confidence.
Maximising investor returns
SafeLaunch is not ‘yet another launchpad’: we help projects on their journey to success by giving them everything they need to do so.
In how many ways or what are the ways your project generate revenue? What is the revenue model? How it can be beneficial for both investors and for project itself?Mando (SafeLaunch) :
We generate revenue by generating fees from each allocation and IDO that comes onto our platform.
Some of this goes to marketing fund, to generate buy pressure which means that investors gain value immediately: they get access to the next crypto equivalent of “Facebook” or “Uber” via our SafeAlloc model.
Risks to Yield Farmers (Impermanent Loss), Smart Contract Risks, and Risks to LaunchPad Users. What are each of these risks, how much damage can they cause, and what does SafeLaunch do to prevent or at least mitigate these risks and their consequences?Mando (SafeLaunch) :
So as I mentioned before, we’ve had our contracts independently audtied by outside firms: Certik (which I mentioned before) and RD Labs.
We believe by having these audits in place, it brings confidence to our users & investors whilst helping to minimise risks.
Just for clarification, will there be kyc requirements for participants and do you plan on collaborating with other project incubators to ensure a fair launch of upcoming projects on your platform?Mando (SafeLaunch) :
Participants may be subject to KYC depending on the deal that is done. We announce this on a per-deal basis though to be transparent.
We also have an active collaboration with other big players like BSCLaunch, BSC Pad and our advisory team has a strong network of projects they work with.
Transparency is the key. Tell us describely about your team members. How many team members do you have and how many developers are working for you?Mando (SafeLaunch) :
Yep, so we have an ever-growing team at the minute so I’ll give you the low-down on the key people in our team as we went public a couple of days ago for transparency
Imran — CEO:
Imran is CEO of SafeLaunch and has been in the crypto scene for just over 6 years now when bitcoin was less than 150$, in his time in the crypto scene he was one of the biggest OTC crypto traders in his country, lived through and survived the 2017 bull market and preceding bear market. With vast experience managing a successful OTC firm, automating trading algorithms turning to DeFi seemed like the next obvious step and in came the idea for SafeLaunch.
Naz — CTO:
Naz is our main solidity and back end developer, Naz has worked on many big projects in the past including iotex.io including 8+ years experience as a senior engineer on various projects. Naz has a deep knowledge and passion for programming and started at the young age of 15, he is proficient in:
- Front-end: React JS/Redux, Angular JS/2+, Vue JS, HTML/CSS/Javascript/Typescript, Ionic Framework
- Back-end: Node JS, ExpressJS, FireBase
- Mobile: React Nativ/Swift/ObjC/Java
- Database: FireStore/MongoDB/Parse/ElasticSearch/PosgreSQL/MySQL
- Unit Testing: Jest/Mocha
- Deployment: AWS, Heroku, Digital Ocean
- Task Management: Jira, Trello
- Source Control: git, github, gitlab, bitbucket
- Solidity, SWAP/STAKE, ..
And if you want to see any of our faces, you can do that on our home page: https://safelaunch.io/
QUESTIONS TELEGRAM
@lingtinggDo you have Whitepaper if yes please share it with us and secondly do you have plans for pre-sale? Where can we join it? I am very excited!!
Mando (SafeLaunch) :
Our white paper can be found here: https://docs.safelaunch.io/
We’ve already closed our private sale but our IDO is starting on 5th July so come join our group to get the details for our whitelist, which we’ll announce later today: https://t.me/SafeLaunch_IO
@LaraCrofttGood Day Sir🌝
This is global project or a local project? Can anyone use your project anywhere without any restrictions? thank you
Mando (SafeLaunch) :
This is a global project, there are no restrictions based upon location 🙂
@Toslim114Good day Sir,
👉👉👉 Binance smart chain blockchain is having high transaction speed and cheap gas fees, are you planning to launch your mainet or switch to other Blockchain in the future?????Thanks Sir,💢💢💢
Mando (SafeLaunch) :
We’re offering our third product “SafeAllocation”, which we will go cross-chain and find projects pre-launch accrue private allocations into these of offering the allocations to our users in our single staking lockup pools.
How do you see the current state of the crypto scene? Is it over hyped and over valued, just about right or undervalued?Mando (SafeLaunch) :
Well, there are a ton of talks of the bull-run being over and entering into a bear market. Whether or not that’s true, I don’t really know…
But, I believe that crypto in general is only really just getting started.
So I’d have to say it’s still pretty undervalued overall and as we get more and more adoption from new users, which may take time, the crypto space can only grow.
- Telegram Chat : https://t.me/SafeLaunch_IO
- Twitter : https://twitter.com/Safelaunch1
- Website : https://safelaunch.io/
- Medium : https://safelaunch-io.medium.com/
- Pitchdeck : https://docsend.com/view/3a96m3sg5rvjgvfd
- Doc : https://docs.safelaunch.io/
Thank you for trusting Infinity Chain as the organizer of the event today, hopefully everyone can understand about Safe Launch.
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