AMA RECAP : CRYPTO CHALLENGERS x RANGERS PROTOCOL
Venue : CRYPTO CHALLENGERS
Date :01 Oct 2021
Time : 03:00 PM UTC.
Guest : Nicolas
They shared detailed information and his opinions about the project RANGERS PROTOCOL.
🔴 SEGMENT 1 INTRODUCTION
Q1. Could you Guys please provide a quick self-introduction for the community?
I am Nicolas, BD head of Rangers Protocol. I have been in the blockchain field for three years, and have served Rangers Protocol's incubator, MixMarvel, as their Global Marketing head for more than two years. I have also witnessed the birth of Ranegrs Protocol and its multiple upgrades
Q2.Can you briefly introduce the project RANGERS PROTOCOL what are some of utlities of $RPG ? How do you think you stand out among the competitors if there are any?
Rangers Protocol is a future virtual world's blockchain infrastructure. It is a high-performance engine for complex development and data migrationcurrently, including a Rangers Engine that supports NFT and complex application development and a Rangers Connector that supports asset cross-chain.
There are many usage scenarios for $RPG:
1. RPG (Rangers Protocol Gas) generates blocks through ecological nodes divided into proposal and verification nodes. Ecological users pay RPG as a deposit and become a proposal node through community voting. Rangers Protocol has designed an RPG stake mechanism. Users need to purchase and stake RPGs to become a verification node.
2. The RPG Foundation will establish communities with different functions, including ecological governance, developer, and token holder communities. The community can use RPG to participate in the governance of Rangers Protocol.
3. Rangers Protocol will launch a sub-chain plan to support developers in releasing isomorphic sub-chains to Rangers Engine. The launch of the sub-chain requires the community to use RPG to vote.
4. Developers developing, distributing, and operating their applications based on Rangers Protocol need to consume RPG as the gas fee
5. Users need to pay and consume RPG when using applications that have been deployed on Rangers Protocol, such as paying RPG to application developers. When users use Rangers Protocol for cross-chain or transfer, they also need to pay or consume RPG as usage or gas fees.
6. When creators use Rangers Protocol-based tools to publish and edit works and upload them to the blockchain when they carry out marketing activities in decentralized trading markets, auction markets, copyright centers, and other application markets, they also need to pay or consume RPG as usage fees or gas fees.
Rangers Protocol is a comprehensive underlying infrastructure that can support not only the development of NFT and complex applications but also the cross-chain of assets. It is the solution currently lacking in the industry, so this is the most significant advantage of Rangers Protocol in terms of competitiveness.
Q3. Can you share the achievements the team has made so far ? what are the major achievement target RANGERS PROTOCOL is yet to achieve . If possible also share your roadmap.
What has been achieved so far is that the Rangers Protocol testnet has been launched, and the first dapp, BlueStone, has been successfully deployed. Our next target is to upgrade the testnet and launch the mainnet in. Q4. we can show you a technical roadmap so that everyone can see what we have already achieved, what we are doing, and where we will succeed in the future.
Q4) Could you share a bit about security and also what benefits you provide to incentives user’s choosing your platform?
First of all, Rangers Protocol uses a VRF+BLS consensus mechanism.
The randomness and unpredictability of VRF and the complexity of the BLS cryptographic algorithm can ensure the security of assets. Secondly, in terms of asset cross-chain, Rangers maintains the security of asset cross-chain through the consensus mechanism of VRF+TSS and ultimately transmits the data and status of NFT.
How it works: the project party needs to register the NFT contract of the source chain and the target chain in the cross-chain bridge. Then the project party authorizes the target chain NFT lock into the cross-chain contract of the target chain.
If there is no cooperation from the project party, the NFT will not be passed on. If you want to learn more about these two mechanisms
You can read the following two articles:
Consensus Mechanism: https://rangersprotocol.gitbook.io/rangersprotocol/rangers-protocol-product-article/rangers-protocol-vrf+bls-sonsensus-mechanism-solving-the-problem-of-high-frequency-trading
Besides, Rangers Protocol's code and tokens have undergone strict third-party audits, and their security has been certified.
Using Rangers Protocol, developers can efficiently perform dapp migration and deployment and ensure the security of assets and data during cross-chain. When users use the dapp deployed on Rangers Protocol, they can get a fast and efficient experience with the lowest gas consumption.
Q5.Whats the total supply of the token ? Could you share a detailed tokenomics of mainnet token’s supply distribution
We have to discuss this matter from three aspects: the initial allocation of tokens, the unlock cycle and the number of unlocks.
The token distribution mechanism of $RPG is: investors (10%), core team (14%), incubators and consultants (7%), eco fund (20%), ecological community (49%), treasure (0%). This picture can make it a little clearer.
Please note that one on the abscissa in the image refers to 180 days.
If you want to know more details, you can read this article: https://medium.com/rangersprotocol/rangers-protocols-rpg-allocation-release-ce6428ab2211".
🟢 SEGMENT 2 TELEGRAM LIVE
I am an EXPERIENCED DEVELOPER AND ETHICAL HACKER, do you have plans for HACKATHON so as to check the security of your ecosytem periodically and also invite developers to build?
This is a nice question.
We are currently doing IDO with Polkastarter on October 5th and our mainnet will be launched by the end of the year.
At the same time we will also be releasing our development documentation so that developer will be able to migrate and develop applications onto the Rangers Protocol Network.
Hackathons will be an important part of our promotions around the mainnet launch. We highly believe in the importance of ecosystem applications.
So stay tuned to all our official social accounts and don't miss any big news!
Also, you may want to get some Rangers Protocol Gas $RPG in early days 😜
All our social links: https://linktr.ee/rangersprotocol.
🐳As I know Ranger Protocol improves the speed of blockchain games, and it is a partner in the Gaming Project MixMarvel. So, I'd like to know if MixMarvel employs the Ranger Protocol in their blockchain games such as Dehero?
Later on, after the mainnet launch, DeHero will also be integrating with Rangers Protocol to provide DeHero users with faster transaction confirmation and lower gas fees.
We are looking forward to this integration.
Q3-Delaine Robins ETH:
Do you guys feel satisfied by seeing your progresses and achievements till now, when you look back to the day when you have started this project?
We definitely do!
When the former version of Rangers Protocol, Rocket Protocol, just began to be developed the industry technology development seems like it was decades away.
These three year, make a lot of difference to the whole industry.
Q4-Dane TAI EM:
Have you been listed your tokens on any decentralized or centralized exchange if yes where can I invest and buy tokens from?
Rangers Protocol Gas $RPG is not published yet!! Please be aware of Scammers!!
Stay tuned to all our official channels!
Team is a. essential part of a project as this has the full authority over the project. I didn't see any information about your team so can you introduce your team to us? How many members are your team composed of and how are their experiences help in the growth of your project?
For this please feel free to check out our whitepaper. I am also sharing some screenshots below
For informative information of our project, please turn to our gitbook.
Just stay tuned to all Rangers Protocol official social accounts and don't miss any big news!