CRYPTO CHALLENGERS
6 min readJan 29, 2022

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AMA RECAP : CRYPTO CHALLENGERS x VULTURE PEAK
Venue : CryptoChallengersD
Date : 27 JAN 2022
Time : 12:00 PM UTC.

Guest: Kate
They shared detailed information and his opinions about the project VULTURE PEAK.

🔴 SEGMENT 1 INTRODUCTION

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

Kate:
Well, I am Kate, Head of Strategy at Vulture Peak.
I am an IT engineer by profession, crypto enthusiast, and NFT collector.
I started exploring crypto since 2019 and ever since has been hooked on the concept of blockchain technology.

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

Kate:
💫 Vulture Peak is a pioneering Launchpad and an Investment fund focusing on blockchain games, NFTs, metaverse, DeFi, and other developments in the blockchain space.🔥

The participants only have to deposit a minimum amount of Vulture Peak tokens to get whitelisted and it requires no staking or locking up of tokens. It is on a First Come First Served basis❗️

Incubated by:
Oddiyana Venture

Strategic Partners:
Fairum Ventures, Ekoios, Whitelist Ventures, BBS Finance, Golden Meteor Capital

Launchpad Partners:
Kwikstarter, Koistarter, Moonstarter, Multipad, StartFi

Currently in talks with
DCI, Blockmint , GBIC, Labs Group, ChinaPolka, Ferreum Network, Jackel Ventures, Gotbit Foundation

Launchpad partners in discussion:
Anypad, Erax, Lunapad, Leonicornswap

Pitch Deck & Official links:
Pitch Deck | Website |Telegram Group
Telegram Announcement Channel
Twitter |Facebook | Instagram|Medium |Discord

You see, you spend days, sometimes months, searching for the right crypto project but miss the chance to invest early in it and the complex process of IDO allocation is time-consuming. Even worse is the uncertainty. After all the hard work of staking and locking your tokens, you worry whether you would get whitelisted or not. So that’s why we came up with the idea of Vulture Peak. Unlike other Launchpads, Vulture Peak requires no staking or locking up of tokens to get whitelisted. It’s on a first-come, first-served basis and there is no tier system.

The participants only must deposit a minimum amount of $VPK tokens (Vulture Peak’s native token) as registration fees to get whitelisted and the allocation is guaranteed for whoever comes in first. The deposits will be in the range of $10-$30 worth of tokens only.
Deposit VPK tokens >> Get whitelisted >> Buy IDO tokens >> Claim tokens
It also has a deflationary mechanism which will in-turn increase the value of token
Well of course to talk on the main utilities for the $VPK token are for you to get whitelisted and for the $VPK holders to participate in future upcoming projects. Not only that $VPK holders will be able to stake or farm which in turn will increase your asset. You will be also earning point from staking which will be later used to incentivize in terms of token or enter to our games.

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

Kate:
Well, we have be able to gather a solid team, onboard VCs and made a strategic partnership with couple of Launchpads.

Incubated by:
Oddiyana Venture

Strategic Partners:
Fairum Ventures, Ekoios, Whitelist Ventures, BBS Finance, Golden Meteor Capital

Launchpad Partners:
Kwikstarter, Koistarter Moonstarter, Multipad, StartFi

Currently in talks with:
DCI, Blockmint , GBIC, Labs Group, ChinaPolka, Ferreum Network, Jackel Ventures, Gotbit Foundation

Launchpad partners in discussion:
Anypad, Erax, Lunapad, Leonicornswap.

Kate:
Here is our road map

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

Kate:
Yes, we have considered the security of our product and we are currently being audited by Certik and we will have the report soon.

Like I said before:

We will have two defi tools: Staking and Farming pools.

For staking pool: unlike other staking features, when users stake their VPK tokens or their VPK-BNB LP tokens, they will be able to earn points which will later be used to gain some bonuses from the profit generated by the platform in the long run. We have plans for profit sharing in the long run.
And for farming pools: Users can stake their tokens and earn rewards in tokens.
So large token holders will enjoy these features not to mention the deflationary mechanism that we have, will also help in pushing the price.

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

Kate:
Well, we have a total supply of 30 million tokens.

And here is our tokenomics

⚪ SEGMENT 2 TELEGRAM LIVE

Q1-Yaseen Crypto:
What is your strongest advantage that you think will make your team leading the market?

Kate:
1. It provides open access to all.
2. First Come First Served Basis.
3. Hassle-free, simple, & easy process
4. Participate in early rounds.
5. DAO Governance for future improvements.
6. User-friendly interface.
$VPK #NFTs #DeFi.

Q2-Everything Is Hair .333:
Do you have a Token Burning plan to increase Token value and attract Investors to invest?✅✅

Kate:
Yes, we do have token burning mechanism. A certain portions of the VPK tokens that we collect as registration fees, will be burnt at random interval after carefully studying the market.
This will act as a deflationary mechanism for the project.

Q3-andre Kurniawan:
What is the role of token in your ecosystem? Could you tell us a bit about the tokenomics of your project?

Kate:
Vulture Peak’s native token is VPK token. It will be used as a registration fee to get whitelisted for IDOs on our platform on a First Come First Served basis. We will also have defi tools like staking and farming pools.
In staking, user stake the VPK tokens and VPK-BNB LP tokens to gain points which can later be used to receive bonuses from the profits generated by the platform over time. Similarly, in farming, users can stake VPK tokens to earn reward tokens.
Vulture Peak will also gamify its platform over time by building small creative mini-games on its platforms and the users will be required to use VPK tokens to play these games. The games will have attractive prices.
Similarly, it also aims to incorporate Vultureverse, a metaverse feature in its platform in the future by collaborating with other projects. For this, users will be required to use VPK tokens.
So these are some of the token utilities that we have right now and we will innovate & create more additional interesting features in our platform to create more use-cases for our token as we move on. And i have already sent the tokenomics.

Q4-Leonylove Leonylove01:
Collaboration and partnerships are one of the cornerstones to making DeFi more widespread. Can you share some of the partnerships you have formed with existing blockchain foundations recently??

Kate:
Yes, as you said partnership plays an important role in the success of the project. We are currently being incubated by Oddiyana Ventures. They have all the right tools and connections for the project to propel. We also have many backers and partners who are well versed in the space. We will be also partnering with many launchpads to have maximum exposure.

Q5-Ashmil Saju:
What's your main focus right now, are you focused on the community or market/Exchange or the products?

Kate:
All of these are very important to us, but it is essential that we give more priority to our product, because if we get this done properly, then building the community and marketing will be much easier and natural :)

Thank you everyone for the questions, I would love to answer all the questions but I am allowed to choose only 5 questions. so for the remaining questions you can always bring it to our TG group
Do join our community to learn more about Vulture Peak!!!

lastly, we have lots of exciting news to share so please join our TG official group: https://t.me/vulture_peak and subscribe to our announcement channel: https://t.me/VulturePeakAnnouncements we make all our announcements there so stay tuned and also follow our socials.
Pitch Deck & Official links:
Pitch Deck | Website |Telegram Group
Telegram Announcement Channel
Twitter |Facebook | Instagram|Medium

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