In this Telegram AMA recap, you’ll find insights about the RoboFi project. In an event hosted by Iris from MEXC Global, you will meet Donna Lee, Head of Global Marketing.
Introduction to AMA Member from CeloLaunch:
Donna: Sure! Hello, everyone, Thank you for your time today. My name is Donna and I am very happy to be here. I am also here with my team. Personally, I have been in the financial software industry for over 8 years and have worked on marketing for a B2B trading software for clients such as investment banks, hedge funds, and prop trading firms. Personally, I have been engaged in the crypto industry for over 6 years and In the past 2 years, I have engaged in the custodian crypto wallet business, and now I am here to spread how awesome the RoboFi project is 🙂
Questions about the RoboFi project:
Iris: What is RoboFi? Can you share with us more in detail?
RoboFi (www.robofi.io) is a DeFi platform that envisions a marketplace for revolutionary Dao crypto trading bots. With the effective use of blockchain technology, #RoboFi seeks to bring consensus between bot creators and users in an ecosystem that encourages mutual financial growth and innovation. Over the last 12 months, we identified the lack of a platform that allows bot creators to share their bots easily to their potential users. Our goal is to allow bot creators to sell and raise funds for their bots easily, as well as for our users to have a platform that provides bots with reliable performance and security. Therefore, we started development on a project that supports the trustless interactions between bot creators and users. Users will be able to store their bot tokens in our non-custody wallet as well as harvest their bot tokens to enjoy the yield earned by the bots.
Some of the innovations in this project include the introduction of the IBO (Initial Bot Offering) process and the harvesting of rewards earned by bots while holding the bot tokens.
it’s something rare in the industry that you guys do – sounds really intriguing!
Iris: What triggers you to launch RoboFi? What are some of the real-world problems/ pain points that RoboFi aims to solve?
Donna: As mentioned, we have been working in crypto trading industry for over 10 years. While we were trading as the institution, we realized that retail investors have no accessibility to institution grade of crypto trading bots. Please see the problems below:
Now RoboFi wants to connect both users like yourself and crypto bot creators thru IBO(Initial Bot Offering).
Just in case I share the concept of IBO:
Iris: What is the role of $VICS in RoboFi? Would you tell us more about its tokenomics?
RoboFi project comes with 2 types of tokens: 1) VICS tokens that is the main token for the ecosystem. VICS is the main token, used as a “must” for Bots to participate into the RoboFi Ecosystem and do the IBO. , VICS will be used whenever users stake and use our services like when they purchase crypto trading bots. Bot creators will need to hold VICS to payout the profit of trading. Currently you can get VICS token on MEXC Global 😊
Every bot created in our ecosystem will come with their own set of Bot Tokens as well. IBO contributors will be getting Bot tokens in return for the VICS that they contribute. These Bot tokens will be used for Bot governance and rewards harvesting.
I also share some infographic so that it can help the understanding 🙂
Iris: what about the other type of token?
Donna: Oh! We have bot token. 2) the Bot tokens that are unique to each bot they represent. Each bot has 2 types of bot tokens: Governance-bot-token (G-) and Certificate-bot-token (C-). Via IBO, bots can raise fund from community to do its trading. Users can stake crypto assets into bots and get Certificate-bot-token. Users can also buy Governance-bot-token to gain governance power (via voting) to bot. Both types of bot tokens (G- or C-) can help users to earn rewards from bot trading activities.
Iris: Are there any exciting news or updates with regards to RoboFi that you would like to share with the users?
Yes. Our mainnet will be coming by the end of this month! That will be the big thing for us. And we will focus on growing our TVL and listing more of external bots from talented bot creators.
Iris: can’t wait to see the mainnet 💪💪
Iris: If you were to summarize your project in ONE word, what would it be? Why?
Donna: Bringing The Most Reliable Crypto Trading Bots to EVERYONE.
People tend to think using crypto trading bots is hard. But we want to challenge this belief. We will try our best to make EVERYONE accessible to crypto trading bots. 😊
Q1. hi, we all know that more than 60% of crypto trading is being monopolized by the bots, how can RoboFi increase new investors into the crypto world as it is too volatile?
This is why we created RoboFi – Crypto Trading Bots Marketplace. The problem today is.. retail investors cannot take profit due to the market volatility. Retail investors cannot fight against bots. We give the accessibility of “Profitable” crypto trading bots to retail users so that they can use crypto trading bots in their trading in the easiest way ever. We will make sure to bring crypto trading bots to EVERYONE!
Q2. PARTNERS are the most important that strengthen the ecosystems of all projects. Could you tell us about your project partners and the partnership strategy it has adopted?
Good questions. We are currently working on the partnership and already contracted with reputable exchanges and we will announce it very soon 🙂
Q3. Can you list 1-3 killer features of this project that make it ahead of its competitors? What is the competitive advantage your project has that you feel most confident about?
Our team members have been in the financial industry for more than 10 years. We are well connected in the industry and all of us come from banking or trading or tech side. We have everything to make it possible for the RoboFi project.
Therefore, I would say 1. Our Team 2. RoboFi Product 3. Finance
Q4. Can you share your social media links so we can keep ourselves updated?
Thank you sure. Please make sure to join 🙂
1. Tokenomics (wallet locked info)
1st important link is VICS itself: https://bscscan.com/token/0x9bcaB88763c33a95e73bc6DCf80fcf27a77090b2#balances , see the top 3 biggest holders (which are our 3 smart contracts to lock)
2. Roadmap (on our website)
3. One pagers in English, Indonesian, Chinese
5. Social links
Q5. According to the project’s roadmap- what are your most important next priorities?
We are working on the crypto market but in the long-term we want to be one-stop solution including traditional assets such as equities and forex too!
Q6. How can RoboFi convince people who do have not a single knowledge about the crypto world to get into the project?
Our priority is to make it accessible. Therefore, our crypto trading bots will be used by any person 🙂
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