AMA RECAP : CRYPTO CHALLENGERS x ALADDIN DAO
Venue : CryptoChallengersD
Date : 19 JAN 2022
Time : 1:00 PM UTC.

Guest:Shane & Gary
They shared detailed information and his opinions about the project ALADDIN DAO.

🔴 SEGMENT 1 INTRODUCTION

1) I would love to have a brief introduction about you and your team

Shane:
Gary and I are contributors from Aladdin DAO, we used to work as an operating, marketing and researching team of various projects. We are here today to introduce our brand new Aladdin V2 to the Crypto Challengers Community ! The founding members and advisors of AladdinDAO include Polychain, DCG, 1kx, Multicoin Capital, CMS, Nascent, Alameda Research, DeFi Alliance, Robert Leshner, Kain Warwick, Hart Lambur Alex Pack, Ashwin Ramachandran and Sharlyn Wu. They help Aladdin DAO in various sectors like marketing, project analysis, operating, and many more things. We started this project over 9 months ago.

2.Can you briefly introduce the project ALADDIN DAO what are some of utlities of $ALD ? How do you think you stand out among the competitors if there are any?

Shane:
AladdinDAO is a joint effort of dozens of cryptocurrency investment institutions to launch a decentralized asset management services, aiming to change the existing model of venture capital through the mechanism design of cryptoeconomics and decentralized autonomous organization (DAO), incentivize DeFi participants to choose the best liquidity mining projects for community members, and solve the problem of information asymmetry in the DeFi investment field. There is a whole new group of defi big brains called Boule Members serving us as our asset managers.

The AladdinDAO Boule serves as a world-class team of experts in the DeFi space, responsible for identifying the most promising DeFi projects and allowing AladdinDAO community members to enjoy the rewards of its liquidity mining program.

For our aims, ALD will become a simple, automatic, low-gas way to track Aladdin’s full portfolio of superior DeFi projects, which will be properly diversified with blue chips and stables. It is not a payment currency but more acts as an ETF, the most potential, profitable, value-captured ETF shares of DeFi world. Every holder of ALD will share the gains and profits produce by the DeFi blue chips, furthermore, for those who staked 5000 ALD and became our Boule Plus members, they also can join our weekly Boule Plus Voting(Vote2Earn) to be awarded by voting Yes on well-performed projects; voting No on dis-performed projects.

We are the first DAO come up with asset management services, there is no competitors so far in the DeFi world.

3. Can you share the achievements the team has made so far ? what are the major achievement target ALADDIN DAO is yet to achieve . If possible also share your roadmap.

Shane:
We are currently working on our V2 version, with several updates on our Staking, Vaults and brand new Bond functions, with the updates, we will have such visions in the future, we believe that this is the best tokenomics in the DeFi space and would makes us taking lead in 2022:
1. AladdinDAO becomes an asset management protocol that holds assets handpicked by the Boule Council.
2. $ALD becomes a crypto native asset representing Aladdin’s full portfolio of superior assets.
3. $ALD token emission moves away from the old block allocation to on-demand supply.

AladdinDAO aims to be the platform that breaks down information and access barriers between the best crypto projects, investors, and would-be investors all around the world.

4) Could you share a bit about security and also what benefits you provide to incentives user’s choosing your platform?

Shane:
For protocol‘s security, we were audited and verified by third party companies Certik and Peck Shield, details were shown on our official website. https://aladdin.club Besides, we also have a bug bounty program, trying to prevent these.In the DeFi space, absolute asset security is a false proposition, no one can prove that assets are absolutely secure, it's a systemic problem in the industry.

Users can be benefited by the growing of the decentralized world’s most valuable assets chosen by our Boule with just holding ALD.

5.Whats the total supply of the token ? Could you share a detailed tokenomics of mainnet token’s supply distribution

Shane:
Unlike other project, ALD didn’t have the maximum total supply, but also won’t be “mined” nor “minted” through any mechanism, it will be minted if and only if on their backed up asset growth, as mentioned above, ALD serves as the ETF share managed by our VC team(Boule), it will only be minted on the situation of asset net flowing in or value growing of backed-up assets. Currently, there is around 80m ALD circulating and fully backed up with the most potential and valuation defi assets.

⚪ SEGMENT 2 TELEGRAM LIVE

Q1-Atikur Rahman:
Hlw sir

Which do you think is more important:

A. Community
B. Investors
C. Token Price

If all of the above is important to you, whiich should come first??

Gary Gan:
A,B,C,ofcouse, Community’s benifit is the most important to us, token price is much functuated in the crypto world, we will only start ALD buyback while ALD price drop below its inner value.

Q2-Sobuz:
Do you have AUDIT certificate or are you working to AUDIT your project, so that the security of the PROJECT becomes more secure and reliable.???

Gary Gan:
We were audited and verified by third party companies Certik and Peck Shield, details were shown on our official website. https://aladdin.club.

Q3-𝞐𝙇𝙇𝞝𝞟🕊️⃟࿐:
Hello sir..💖

Where can I buy your tokens now. What are your current contracts, and how can I buy them and what are the benefits?

Gary Gan:
You may buy ALD from either Uniswap, Mexc, and Gate. For those who want to buy ALD on DEX,here is our contract address 0xb26C4B3Ca601136Daf98593feAeff9E0CA702a8D, we currently had trading pairs ALD/USDC and ALD/ETH listing on Uniswap.

We are integrating with BSC right now, building ALD/BNB pool on Pancake, please stay with us, focus on our latest news!

Q4-Tanish Singla:
What do you consider to be the best features of "your token" ? Are there any features that your token has that we can't get on any other platform? Where can we stay informed of all the news that your project has to offer us?

Gary Gan:
ALD is the DeFi ETF, with the word "ETF", we do mean it! By holding ALD, you can invest in a basket of most potential defi assets chosen by our big brains. To stay close with us, please follow our twitter、discord、medium account listed above！Thx.

Q5-Chika Jessica Indonesian:
According to the roadmap, what is your most important next priority? Do you have enough funds and strong community to achieve the goal?

Gary Gan:
As mentioned above, the founding members and advisors of AladdinDAO include Polychain, DCG, 1kx, Multicoin Capital, CMS, Nascent, Alameda Research, DeFi Alliance, Robert Leshner, Kain Warwick, Hart Lambur Alex Pack, Ashwin Ramachandran and Sharlyn Wu. We do have enough source of funds，communication, and anything we needed to archieve our goals!

For more questions about Aladdin DAO, pls join our community! You will find out the fastest way to understand, learn, invest in defi

There are more details in our docs: https://docs.aladdin.club/
medium: https://aladdindao.medium.com/

Twitter： https://twitter.com/aladdindao

Shane:
This is our discord link:https://discord.gg/zP6mabXAPZ join us to make sure you won't miss the airdrop news

Gary Gan:
Discord：https://discord.gg/mCTXgANxWy