AMA RECAP : CRYPTO CHALLENGERS x BHOLDUS
Venue : CRYPTO CHALLENGERS
Date :06 NOV 2021
Time : 11:00 AM UTC.
They shared detailed information and his opinions about the project BHOLDUS.
🔴 SEGMENT 1 INTRODUCTION
1.Can you introduce yourself and BHOLDUS to our community
Lily | Bholdus:
Sure 😍 May I use the "Thank you" sticker from Bholdus instead of typing "Done" after I finished my answer?
My name is Lily, Bholdus's Global Director of Growth
Bring in Bholdus project my 10 years’ expertise in digital/growth marketing and developing global community, I do hope I can support to scale up Bholdus’s communities globally up to 10 million users within 3 years
Worked for few unicorns in fintech and one of the top global medias, I did grow a community from scratch to nearly 5 million members within 6 months
Bholdus is a blockchain dedicated to DeFi apps and platform for NFTs and Gamefi with unprecedented transaction throughput and security
We aim to be the bridge between real-world, tech space and crypto space
I can say Bholdus is growing as the rocket’s speed
In just under 5 months, Bholdus has been a success story in Singapore and Vietnam, attracting over 77,000 holders, achieving Top 1 Trending on Crypto.com & CoinMarketCap, and being listed and in the Top 3 Popular Seaches on MEXC, top 10 24H trading volume of Polkaproject, just to name a few 😊
In fact, we recently confirmed ViruSs, a Top Asia Streamer with 4M Followers to be our Gamefi Community Advisor - you can read about it on the renowned finance media Bloomberg 🤟
Those are just some of the first amazing milestones with many more to come 😍
We are on the way to become the new Unicorn in South East Asia for Blockchain & Fintech
Today, I am very honor to walk you through all Bholdus’s achievement, vision and plan
I do hope to get your support to spread out the story so that we can together build the new Unicorn in this flat digital world
Please join our family and be Bholdusian <3.
Here is our logo ❤️
2.Can you briefly describe what is Bholdus?
Lily | Bholdus:
Bholdus Chain is a blockchain network dedicated to decentralized financial (DeFi) applications and non-fungible tokens (NFTs)
BHO is the official native token representing the multi chain network of Bholdus Chain
Our ecosystem comprises SMEs, digitalized assets and other blockchain platforms such as: Polkadot, Binance, Ethereum, etc. and other DeFi projects developed on other blockchain platforms
Bholdus is a blockchain network providing decentralized financial services
It offers a place for talents, ordinary people, small-and-medium sized enterprises around the world to access the vast market by removing barriers created by language, culture, beliefs, economic strength and the political situation of each country.
3.What are the core features of BHOLDUS? How are you different and unique from all other projects out there?
Lily | Bholdus:
We actually have many core features, and each comes with its uniqueness that makes them stand out from other projects
Within our ecosystems, we have: BHOLDUS Blockchain, Software Wallet, DEX multi-chain, BHO, Staking, DAO, Lending, Blackhole Pool
BHOLDUS Blockchain has the fastest and cheapest transaction fees
Transaction speed and fees are important factors to evaluate a Blockchain project
With BHOLDUS, transactions per second (TPS) can be up to 10,000, while network fees will maintain the cheapest
BHOLDUS Software Wallet supports users to store their crypto assets on it, handily, securely and safely
With BHOLDUS Wallet, users will be as secured as when storing on decentralized exchanges
No more worrying about assets or personal information stolen by hackers
We promise this will be the most user friendly with a great UI/UX
Additionally, it can be interoperable with different DEX aggregators
In summary, BHOLDUS Wallet is a Multi-Network wallet that can store any coins that the user wants
Our DEX provides a multi-chain decentralized financial blockchain platform, connecting to a variety of digital assets and integrating with other Blockchain networks such as Binance Smart Chain's BEP-20, Ethereum's ERC-20, Tron's TRC-20, Polkadot, etc.
As a result, customers only need to trade on a single DEX platform and still be able to trade between different networks, instead of having to swap between different DEXs as before
The BHOLDUS token (BHO) is a digital asset and represents the capitalization of the BHOLDUS project
Participants use BHO to pay transaction fees to the network and BHOLDUS Dex, or use it as a governance token of BHOLDUS
The total supply of BHO is 10 billion, which will be imported into the BHOLDUS Blockchain network at the time of mainnet launching and future upgrade
As a process of depositing savings through staking services, the user's BHO will be locked within a period, and the user will receive interest everyday
The average APY is 10% per year
I will tell you more and more things about Bholdus ❤️
Now moving on to DAO
DAO stands for Decentralized Autonomous Organization, which uses BHO tokens to vote for the governance rules of the Bholdus system.
We also have the Lending feature that allows loans right on the BHOLDUS chain with a variety of digital assets, loans managed by smart contracts without intermediaries
Our Black Hole pool helps to revolve and ensure continuous liquidity
Businesses will have the opportunity to access DeFi resources using digitalized and audited real-world assets through the work of tokenization
They do this by encrypting their financial assets into NFTs and using these NFTs as collaterals in their Black Hole Pool
For example, with the current hot trend in NFTs gaming industry, BHOLDUS helps players to tokenize their games as NFTs, create liquidity and make it interoperable with any other digital assets
But NFT does not just stop at virtual assets
With the amazing uniqueness and traceability features, NFT can be utilized to represent real-world assets, including valuable financial data or outstanding startup ideas of SMEs to show their creditworthiness
This is the goal where BHOLDUS is heading towards with an aim to provide SMEs with access to global funding from investors on the BHOLDUS network
4.I saw that BHOLDUS Token has its token named BHO, can you explain the name? What benefits can we get if we hold BHO? And how to buy?
Lily | Bholdus:
Wow 3-in-1 question. I'm really excited to answer all of that ❤️💪
BHOLDUS stands for Black Hole Decentralized Exchange of US
In Hindi, Bhold means Brave, BHOLDUS means “our bravery”
We want to send a belief, and a mission to all those who accompany the project
We will create a financial Black Hole, attracting all the financial flows, and turn it into profits for investors
And we must be very brave, to accept all the difficulties and thorns that lie ahead
Just go, and you will arrive!
BHO holders have the rights including voting, proposing referenda, electing council members, etc.
In addition, BHO holders can earn profits by offering loans to other users in need
BHO holders participating in the network as Validators and Nominators can also be awarded for their contribution to our network governance
Now you can buy BHO Token whenever on PancakeSwap or MEXC Global
At this time of typing, we have reached Top 1 Trending on Crypto.com & CoinMarketCap, top 10 24H trading volume of Polkaproject, Top 3 Popular Searches on MEXC Global with more than 77 thousand holders all around the world.
You can join our Global Community now and feel free to ask if any questions of purchasing: https://t.me/Bholdus_ENcommunity
🟢 SEGMENT 2 TELEGRAM LIVE
Do you have a AUDIT certificates? or, are you working to AUDIT your valuable project, to make it more secure and reliable and sucess???
Lily | Bholdus:
It's will be the #1 question I choose ❤️ Thanks Lucas.
Security is the top priority and top value of our Bholdus project and products 💪
We apply all the best practices to not only make our products highly secured but also protect the end-user's data via encrypting and using multisig
With the goal of building a trustworthy blockchain ecosystem and along with the development of Bholdus project, we always involve all the top security third parties to audit and to reaffirm the security of its blockchain and smart contract
Recently, we are working with Certik, a pioneer in blockchain security, utilizing best-in-class AI technology to secure and monitor blockchain protocols and smart contracts, to ensure that Bholdus is free from vulnerabilities, guarded against the risk of attacks, and has no terms that are detrimental to users
Overall, Bholdus's safety score is 95/100, a quite high score compared to the average of other blockchain projects
And for the coming phases of development, we are having a plan to invite all other world-class security companies to audit and certify our products or applications.
What are the key milestones on your roadmap - both things you have already achieved and things that we can look forward to? Any partnerships and short/long term technical milestones that you want to talk about or bring some attention to?
Lily | Bholdus:
This is the #2 one. Thanks Aneesh. I really love to answer this!
● For product development, We have developed mobile wallet integration and launched the testnet for Digital Assets. Just got Certik to audit and certify our smart-contracts
● For Strategic partnerships with Singapore Fintech Association, CANCHAM Vietnam, BroctagonTechQuartier, Global DCA, Kambria and Atom Solutions
● Launched on Pancakeswap, Coingekco, MEXC Global, Crypto.com and Coinmarketcap. Talented team around the world with over 100 team members
● Backers and Advisors from many big Ventures and big MNC.
● $BHO successfully be in the top 10 Gainers Globally on CMC just after listing 24hr
● Top 1 Global Trending on CMC & Crypto.com
● Top 10 24H trading volume of Polkaproject
● Audited by Certik with 95/100 security score
● On Polkadot ecosystem
You can find more information in this:
Where does the money come from for Bholdus to keep the project going?
Lily | Bholdus:
Thanks Abraham for this interesting question 😍 I will go for it now
As a multi-chain network, we support users of a blockchain network to access other networks and charge a fee for each completed transaction
These transactions include spot transactions, staking, P2P (peer-to-peer) lending and other products that will be developed in the near future
And this ecosystem will generate profits to develop Bholdus in the long run.
''STAKING'' is one of the STRATEGIES to ATTRACT USERS and HOLD Them long term.
Does your GREAT PROJECT have plan about Staking??
Lily | Bholdus:
This is the next one! Thank you SopHia ❤️
The Staking Rewards Event is a way for the Bholdus team to show our appreciation and gratitude for the outpouring of support from communities
This 3-month event is an opportunity for all investors to earn a passive income with a higher interest rate than typical staking programs, as Bholdus’ Staking Event offers an interest rate of up to 50% per annum
Additionally, it is one of many exciting activities to welcome the future launch of several products and services, including the Bholdus Mainnet in December 2021
You are welcome to join our Bholdus’ Staking Rewards Event:
● Please sign up/sign in your account in https://sale.bholdus.com/
● Please send BHO tokens to the staking wallet address on Bholdus website (https://sale.bholdus.com/)
● You will receive your deposit after 90 days and interest depending on the staking program of your choice
● There is no maximum limit of BHO for staking, and one wallet address can be used for both programs
● Please find the detail program at: https://bholdus.com/blog/article/bholdus-launches-staking-rewards-event-offering-up-to-50percent-interest.
I'am know that dev team want to create a Bholdus ecosystem,so Will Bholdus have a native wallet?If yes, what kind of wallet would Bholdus wallet be?
Lily | Bholdus:
Thanks Erick for this question ❤️
Yes, we will introduce Bholdus Wallet in the first quarter of next year
Bholdus’ native wallet will be a decentralized, hot wallet similar to Trust Wallet
We also have plans to work with manufacturers of cold wallet, which is a cryptocurrency wallet that cannot be compromised because it is not connected to the Internet, to further enhance user’s experience / expand the options.
NFT is considered the next trend of the crypto industry after DeFi. Could you share your opinion about NFT? Where do you see the future evolution of NFT features and capabilities in the next few years?
Lily | Bholdus:
This is the 6th one ❤️ Thanks Muhammed for asking this.
Bholdus uses NFTs to represent real-world, digital assets and evidence for creditworthiness, including but not limited to artworks, real estate, audited financial statements, invoices or audited mortgages, property rights, etc.
Bholdus can help issue different digital assets which are NFTs in the Bholdus chain
Each NFTs token will be a unique identity
As an asset originator, a user may lock an NFT representing a “Real World Asset” into a set of smart contracts as collateral
The NFT is minted based on audited documents created and shared via the BHO BHoldus blockchain network
Auditing providers will determine the structure of these financing offers through an on-chain “Pricing Oracles”
Upon repayment, the NFT is unlocked and transferred back into the Asset Originator’s wallet
NFT seems to be becoming the mainstream reaching out of crypto and tech-space, and not similarly limited to use by currency traders
Bholdus’s main business is to decenterlize the real asset and we also have years experience in fintech where we connect to regulators, this gives us more advantages to support the NFT business models in the long run
Regarding technology to support NFT, Bholdus is acquiring all the most updated knowledge and lessons from existing players in the market, so we believe that we will create a very advanced blockchain platform.
Almost 80% investors have just focused on price of token in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in long term?
Lily | Bholdus:
I will answer this amazing question from miu - a beautiful girl ❤️
Investors can earn a stable income from the tokens via Staking
When staking, the user's BHO will be locked within a period, and the user will receive interest every day
The average APY is 10%/ year.
Besides staking BHO tokens for validating or nominating within the Bholdus network, the Bholdus Protocol would also aggregate the supply of each user and allow them to participate in staking collectively
For example, BNBs supplied to the staking pool are represented as BHO_BNB account balance, which entitles the owner to an increased quantity of underlying assets
The BNBs being used to stake would earn block reward and be subject to slashing (punishment) in cases of misbehavior (e.g., when a validator fails to maintain required uptime)
The balance of the two is the profit/loss that would increase/decrease the amount of the underlying asset of BHO-BNB
Hence, earning a staking reward is as simple as holding an BHO_BNB token, while BHO-BNB is cross-chain capable and can be used to participate in other network activities.
There are a slew of restrictions and regulations that apply to cryptocurrency and exchanges. How does the Bholdus network and wallet plan to handle these concerns?
Lily | Bholdus:
Here comes number 8 ❤️ Thank you Eyasmin!
It is obvious that there are many rules and regulations on cryptocurrencies and exchanges and there will be more to come since this is a new industry
One of our priorities is to observe new regulations adopted at our target countries and to make sure that Bholdus and its partner strictly complies with international standards as well as other applicable laws and regulations
Bholdus will adapt its operation in a promptly manner in context of relevant regulation change.
Q9-Federick Jhon ✅️:
Bholdus' tagline is "Defi for the real world," I discovered. So What benefits will Bholdus bring as a bridge between real-world assets and the crypto space?
Lily | Bholdus:
I really appreciate that you are concern about our project ❤️ What a nice question of you, Mr. Federick!
Over time, society is developing, all kinds of information about papers and procedures are gradually put on the Internet
Bholdus wants to go one step ahead to grasp this trend
We're creating a network to support the problems of asset digitization, information digitization
Therefore, we allow these assets and information to be exchangeable and tradable with each other through the Blockchain network
Closing the gap between real-life assets and the crypto space will help people to have more opportunities
For example, instead of just being able to work offline, the online space will be expanded; then more and more people will have new jobs or investment opportunities
Especially with the support of Blockchain, people are no longer afraid of being scammed in cyberspace as before, which greatly helps in accessing opportunities on the Internet.
There are many cases of scams in the crypto world. Could you please tell me what security solutions this project has to keep the privacy and security of the platform's users? Does it plan to upgrade or add more advanced features to make it more user-friendly?
Lily | Bholdus:
I choose this one to be the last question to answer 😍 Thank you Thang9124 for asking this.
The value of a token is in proportion to the numbers of the token holder
The more users of BHO wallet, the higher the value of BHO
We are planning to have numerous users of Bholdus Network
At the early stage of building Bholdus, we will focus on our main features such as transaction staking, etc.
On our mission in building Bholdus network, there will be many DEX participants, followed by the listing of BHO on various exchanges
By building sdk, organizing hub network, open for integration of other blockchain networks, we are planning to develop an ecosystem supported by potential services (reference to token.io) as an inclusive ecosystem, not just simply known as BHO exchange
Considering our startup time, we have set our goals to build a blockchain network since early years of startup
Our experience in working with partners (Vietnamese banks, international financial institutions) has added up to our understanding on blockchain over the years
We realized that traditional banking services such as international payments, capital financing come up with many security loopholes, complicated transaction procedures and non-transparency issues
We are confident that our teams gain knowledge and experience sufficient for operation of an independent blockchain network
Part of this relies on investor's observation through information about our project on the mass media and publication
It should be added further that all Bholdus projects originate from transparent profile, and its pre-renowned project - Hawking is still under operation
Bholdus is unique from other projects since our product is launched as our product is already available before any call for investment, besides from having a good precursor
Unlike scam projects with unclear information with no practical application or product
Furthermore, BHO's smart contract will be published for transparency prior to our early bird sale launched on BSC
This contract has a clear function and lock-and-unlock mechanism, the initial strategic investors of Bholdus are not allowed to dump their own coins immediately but instead the amount of coins being held will be released quarterly
I hope you are satisfied with my answers
Your community is fantastic and I hope to see you very soon
Let's join our Bholdus community to be a part of Bholdus | BHO family
You won't be regret with our growth
Find more about us at: Bholdus.com or Join us: https://t.me/Bholdus
Warmest welcome: https://t.me/Bholdus_ENcommunity
Thank you so much for your great support today ❤️
A big hug from Lily to all of you guys ❤️