AMA RECAP : CRYPTO CHALLENGERS x NEOMADVenue : CryptoChallengersDDate : 01 APR 2022Time : 01:00 PM UTC.

Guest: Team
They shared detailed information and his opinions about the project NEOMAD

SEGMENT 1 INTRODUCTION.

1. Could you Guys please provide a quick self-introduction for the community?

~ernesto [Will Never DM First],
[In reply to Franklin_jax]
Sure! The NeoNomad team is composed of 9 core team members at this stage. Our team’s background is diverse, ranging from the Hedge Fund and VC space, to agriculture, blockchain technology, development, and engineering 🚀 Additionally, we also have a marketing, community management, legal, and graphic design team who assist us daily. By having a variety of different team members with different skill sets, we are able to provide the NeoNomad ecosystem with all the building blocks that it needs to thrive. We also believe that the diversity in our team makes problem-solving and planning easier while enabling us to foster an innovative environment :)

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

~ernesto [Will Never DM First],
[In reply to Franklin_jax]
NeoNomad was created in order to bridge the gap between CeFi and DeFi, by providing various types of investments while making it easier for anyone anywhere in the world with an internet connection to have access to these investment opportunities. NeoNomads are people without a fixed sense of belonging to a given system. They are digitally-geared global citizens, part of an inclusive and sustainable financial and social ecosystem. We also felt that it’s a great name to build a brand around

~ernesto [Will Never DM First],
We aim to develop a high-trust parallel economy where Nomads can manage their finances without being bound by borders and restrictions. We envision a world where everyone can access the financial services they need, and we have built our ecosystem with this goal in mind.

Additionally, NeoNomad offers an all-in-one DeFi ecosystem that aims to make financial services available to all. It provides a decentralized crypto exchange where users can buy, sell, invest and trade cryptocurrencies; a payments service that enables fund transfers and payments at the point of sale with an integrated VISA card; and an NFT marketplace providing NFTs that are backed by agricultural, gold and silver real-world assets. Some of our key features include:

~ernesto [Will Never DM First],
- Multi-chain DEX — users can trade and swap crypto, conduct liquidity staking and yield farming. By using the staking and farming services, users can earn rewards in the form of LP tokens, APR, and APY.
- NomadPay — enables users to make both crypto and fiat payments. Make effortless crypto payments using Solana Pay. Spend the crypto in your DEX wallet at the point of sale in the real world with the NomadPay VisaX card.
- Asset-backed NFTs — invest in precious metals and in agriculture in an innovative way. Through MinDeFi, invest in gold and silver NFTs that are backed by a physical gold or silver bar. Through AgDeFi, invest in the future of food and reap the rewards. For example, CowFi provides unique cow NFTs that are backed by physical cows on a farm. You earn returns on your investment from milk production.
- NomadPad — NeoNomads get first access to the opportunity to new projects via NomadPad. We are excited to provide a platform where our members can invest in projects with real potential.
- NeoNomad CeFi dashboard — a one-stop-shop where you can see all your investments in one place. You can also access NomadPay and request Swift Payments from the dashboard with NomadPay SwiftX.

~ernesto [Will Never DM First],
Utilities:
The NNI token has a wide range of benefits within the NeoNomad ecosystem. By becoming a liquidity provider, you can earn LP tokens. You could then either hold your LP tokens to earn additional APY, or you could stake your LP tokens in the NNI-USDC farm to receive an additional $NNI APR. Additionally, users will be able to stake NNI tokens over a period of one or three months to earn APY returns. More benefits will be announced on our official social channels in the future.

~ernesto [Will Never DM First],
[ File : image_2022–04–01_15–14–26.png ]
Competitor comparison:

Our competitors include projects like PancakeSwap, UniSwap, Luno and Coinbase. There are a lot of great DeFi/crypto projects out there that provide a range of services. But most projects specialize in one or a few services. We feel that what sets NeoNomad apart from our competitors is the fact that we provide a comprehensive ecosystem where users can access diverse financial services all under one roof, and that we bridge the gap between CeFi and DeFi. You can see a feature comparison between NeoNomad and some of our competitors in the image💎

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

~ernesto [Will Never DM First],
We’ve had a successful pre-sale and we’ve also developed a lot of our ecosystem features already. We recently finished developing NomadPad, and we are excited to be launching our IDO on our own launchpad! We will also be launching several services directly after the IDO to give our Nomad community as much value as possible right from the start — staking and yield farming will therefore launch only a few days after we list on NeoNomad Xchange and XT.com on 8 April 2022! 🚀🤩

Roadmap: https://docs.neonomad.finance/neonomad-documentation/tokenomics-fundamentals/roadmap

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

~ernesto [Will Never DM First],
[In reply to Franklin_jax]
We have security experts on our Dev team who have extensive experience in white hacking, which equips them with the security skills required in the DeFi space. In addition, we are following the advised route of getting everything audited (code as well as smart contracts) with a reputable company like Certik and Slowmist. We also have a bug bounty program that will incentivize users to report any bugs to us

~ernesto [Will Never DM First],
In terms of incentives for users to choose our platform — we aim to provide maximum usage and value for users in the NeoNomad ecosystem. That’s why we provide a diversity of DeFi and CeFi services. Some incentives for users to join the NeoNomad ecosystem early is the fact that we’ll be launching our staking and yield farming projects on the 8th of April, right after IDO. Those who participate in the IDO not only get tokens at the lowest price, but they get first access to use our staking and farming services. The benefit of this is the opportunity to earn a high APY and maximal return on investments in staking and farming. In addition, we plan to roll out even more features once we’ve launched, including our asset-backed NFTs and our NomadPay payments services. The NFT Marketplace offers users a unique and highly valuable investment option, and the payments service enables users to get more utility out of their crypto holdings by using it to pay at point-of-sale with an integrated debit card🚀

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

~ernesto [Will Never DM First],
[ File : image_2022–04–01_15–22–56.png ]
Our total token supply is fixed at 200,000,000 $NNI. We support multiple blockchains, but this 200M supply is fixed across all blockchains. See the image for our detailed tokenomics and token distribution 💎

SEGMENT 2 TWITTER QUESTIONS.

1. Institutional investors are risk averse and cryptocurrencies are very risky. How do you persuade them to enter the crypto space and invest in their products? @norm_life

~ernesto [Will Never DM First],
[In reply to Franklin_jax]
A great question! This is something we’ve thought about a lot. It’s why one of NeoNomad’s key goals is to bridge the gap between traditional finance and DeFi, so that we can pave the way for institutional investors to enter the DeFi world with confidence. We’re really excited about our asset-backed NFTs for this reason. By providing NFT investments that are backed by a real-world asset with stable value, we believe that we make DeFi investments feel more tangible for institutional investors💎.

2. About your NFTs, Can you explain further about the utilities of these NFTs within your platform? Are they meant to be held as simple collectibles or will they have additional benefits? Also, will you have your own marketplace to sell and buy the your NFTs? @RANI82046528

~ernesto [Will Never DM First],
[In reply to Franklin_jax]
We’re really excited about our NFTs because they’re really a novel kind of investment. They’re definitely not just collectibles — they are designed to have utility both in the DeFi world and the traditional finance world. That’s why we provide asset-backed NFTs that enable investors to have ownership of a physical asset that backs the NFT. For example, say you invest in a unique gold NFT. Because you buy the NFT, you now own the physical gold bar that backs that NFT. The NFT is tied to the physical gold bar through a unique serial number. If you decide to, you can sell your gold NFT, and the ownership of the gold bar will go to the buyer. It’s as easy as that. And if you would like custody of the physical gold bar, you simply request it. If this happens, then the NFT is burned and you own the physical bar

3. I was told you will be hosting an IDO soon. When is IDO more precisely & how do I get whitelisted? Which launchpad to use for IDO? Is there a minimum or maximum allocation? And How long after IDO the funds will be disbursed? @luckluckan1

~ernesto [Will Never DM First],
[In reply to Franklin_jax]
You heard right! 🤩 Our IDO will be held on 6 April 2022. We will launch the IDO on 2 launchpads:

1. NomadPad:
6 April @ 21:00 (UTC+8) — 7 April @ 21:00 (UTC+8)

Allocation: Min 100 USDC, max 1000 USDC

Here’s our whitelisting guide > https://docs.neonomad.finance/neonomad-documentation/general-guides-and-announcements/nomadpad-a-whitelisting-and-ido-guide
Funds will be available for claim on 8 April 2022.

1. XTStarter:
6 April @ 14:00–15:00 (UTC+8)
Allocation: Min 100 USDT, max 500 USDT
You can get whitelisted on XT.com’s website > https://www.xt.com/XTStarter
Funds will be automatically distributed 8 April 2022.

4. What is the revenue model of #NeonomadFinance? In which ways do you generate revenue/profit? So many projects like you speak about the“long term vision and mission” but what are your short-term objectives?What are you focusing on right now? @vicky64812448

~ernesto [Will Never DM First],
[In reply to Franklin_jax]
The NeoNomad team has a really ambitious vision for the future of our project and a dedicated team to make these ambitions a reality. Due to these ambitions, our focus as a team is definitely more long-term as we believe in re-investing in the project💰 However, in the short term, NeoNomad will generate an income from exchange fees, farming fees, NomadPay, CeFi banking transaction fees, and our launchpad business model fees. These fees will enable NeoNomad to keep developing, innovating, and bringing the community new opportunities.

~ernesto [Will Never DM First],
In line with the former, our short-term focus as a team will be releasing our staking, yield farming, and liquidity pools in early April. After the launch of our DeFi products, we will be marketing NomadPad and continuing the development of our NFT marketplace where users will be able to purchase our MinDeFi and AgDeFi NFTs.

5. Talking about “NomadPay VisaX, where users get an integrated VISA debit card”. My question is, what are the requirements needed to get this Visa card? And what is the use of this card in NeoNomad Exchange ecosystem? @SurbhiVashisth4

~ernesto [Will Never DM First],
[In reply to Franklin_jax]
The only requirement is that you are a Nomad (which simply means you hold $NNI) and that you fill out a registration form requesting the card! 🚀

The VisaX debit card is one of the ways in which NeoNomad bridges the CeFi/DeFi gap. Users can spend their crypto at the point of sale using their VISA debit card, because VISA conveniently converts the crypto from your DEX wallet to the merchant’s local currency at the point of sale.

SEGMENT 3 TELEGRAM LIVE.

Q1-Just Chill And Shill,
Is there any asset-back nfts in the future besides gold? @ernestojo

~ernesto [Will Never DM First],
[In reply to Just Chill And Shill]
Hi, thanks for the question! We have plans to expand our asset-backed NFTs to a range of different asset classes. With MinDeFi, we offer both gold and silver; with AgDeFi, we offer agricultural investments, including livestock, crops and land 🐮🌾

Q2-Jisan khan shuvo,
How can users stay updated with this project? Do you have any..

1- Telegram Group

2-YouTube channel

3- Tiktok Channel

4- Website

5- twitter

For this project? What Social media Can I follow to get the latest Your Projectb information?

~ernesto [Will Never DM First],
[In reply to Jisan khan shuvo]
We do! Here are all our social links:

Twitter — https://twitter.com/NeoNomadFinance
Telegram chat — https://t.me/neonomadfinance
Telegram announcements — https://t.me/neonomadannouncements
Discord — https://discord.com/invite/Fj77EYcTNH
LinkedIn — https://www.linkedin.com/company/neonomad-finance
Facebook — https://www.facebook.com/NeoNomad-Xchange-107804888484297
Instagram — https://www.instagram.com/neonomad.exchange/
Reddit — https://www.reddit.com/r/NeoNomadFinance/
Medium — https://medium.com/@NeoNomadFinance
Website: https://www.neonomad.finance/

Q3-Melophie,
Staking programme is very important for any project/Can i stake your token, Do you have any plan of starting staking programme…???

~ernesto [Will Never DM First],
[In reply to Melophie]
We couldn’t agree more! NeoNomad will definitely be providing staking and other DeFi platforms.
You will be able to stake your $NNI tokens from the 10th of April 2022.

Early adopters who stake their $NNI tokens for a period of 1 month can earn up to 100% APY intially ✨
We will also be announcing some exciting tiers and their respective APY’s in the coming weeks 🚀
Join our official telegram channel to stay up to date on NeoNomad staking.

Q4-Ashmil Saju,
Are you planning to promote your project in countries / regions where English is not good? Do you have a local community for them to better understand your project??

~ernesto [Will Never DM First],
[In reply to Ashmil Saju]
Yes, we want NeoNomad to be a global project so Nomads all over the world can form part of our community!

After the IDO, our branding team will be translating all social pages, as well as our landing page into 4 different languages — Mandarin, Korean, Spanish and French 🚀

~ernesto [Will Never DM First],
[In reply to Franklin_jax]
Thanks @CryptoChallengersD for hosting us! And thank you to everyone who joined the AMA and asked questions :) Sorry we couldn’t answer them all! We are excited to keep building NeoNomad with you 🚀🚀