AMA RECAP CRYPTOCHALLENGERS x PANTHER PROTOCOL
Let's welcome @Consanto from 'PANTHER PROTOCOL' ❤️
Constantinos:
Hi everyone pleased to be here with you 🙂
Just do It ✓:
Welcome here @Consanto:)
Thanks for bringing us 'PANTHER PROTOCOL'❤️
Constantinos:
my pleasure
Just do It ✓:
Before we start our first session can you introduce yourself to our community? @Consanto
Constantinos:
sure
My name is Constantinos Antoniou, and I am handling all of the community aspects of Panther. I've been involved and Co-founded local communities in my country Cyprus. Organized a few conferences and I've been advising projects in terms of marketing and community. I'm also the head of research at D-CORE, a crowdsourcing platform where we research and analyze Blockchain projects.
Just do It ✓:
Nice🥳
So, without making a delay...Let's start our AMA with basic Introduction Segment :)
Q1. What is the strongest points of 'PANTHER PROTOCOL' that helps to attract investors on the project?
Constantinos:
Panther aims to provide end to end privacy to the DeFi users and at the same time provide a new way for price discovery for on-chain privacy.
It can be deployed on any public blockchain and can provide private interoperability between the ones that it’s deployed on. Privacy is achieved by shuffling zAssets within privacy pools, which effectively breaks the link between the sender and receiver. zAssets are fully collateralized on a 1:1 ratio with the collateral safely stored in Panther Vaults controlled by GateKeepers with state of the art multisig technology. They are also ERC20 compliant tokens which means that they are composable with DeFi applications. Users can buy zAssets from the secondary market like Uniswap and use within the Panther ecosystem to transact privately.
Just do It ✓:
Q2. What are you looking most forward to doing in 'PANTHER PROTOCOL' ?
Constantinos:
Bringing privacy to Decentralised Finance, is very important. People in the blockchain space seem to forget how important financial privacy is in our lives. If DeFi is to reach mass adoption there has to have some kind of privacy or confidentiality so this is what I'm personally looking for the most to achieve with Panther.
Just do It ✓:
Q3. How has the experience and background of your team been effective in the success of your project so far?
Constantinos:
The team gained experience in organizations across verticals such as the United Nations, Accenture, BlackRock, P&G, Vimeo, Siemens, UFC, DELL, HSBC, and Lloyds Bank. Additionally, team members contributed to over 55 blockchain projects, including Ethereum, Ripple, AVAX, OCEAN Protocol, and blockchain.com. We are counting a cumulative experience of 46 years in the Blockchain industry, 66 years in Finance, and 40+ years in Cryptography.
As the project develops - we are looking to expand our team in the near future significantly. If you think you can contribute to Panther Protocol please fill out our interest form: https://share.hsforms.com/1NEKpcC84SFmK0fpd4sFoZQ8mifv
Just do It ✓:
Q4. Could you please provide some progress on your Roadmap and what results 'PANTHER PROTOCOL' has achieved so far? And any sneak peek into 2021 plans for 'panther protocol'?
Constantinos:
We are planning for an IDO by the end of May or beginning of June possibly involving multiple IDO platforms in order to give the opportunity to our community to participate in mass.
The first version of our Whitepaper is almost ready, where we explain in a more technical way all the different components of the protocol.
Panther’s Minimum Viable Product (MVP) will be ready in early Q3 this year. It will serve as a proof of concept for Panthers’ approach to financial privacy on the blockchain. The MVP will introduce essential features such as Gatekeepers, Minting & Burning of zAssets, Vaults, Mixing, Liquidity Mining, the Panther DAO and the protocols’s native asset $PNTR.
In Q4 Panther becomes decentralised with the introduction of the Panther DAO. Token holders will be able to vote on proposals and take the future of the protocol in their hands.
2022 will also be exciting for Panther as we plan to release the first version of our Private Interchain Dex in Q1 and the second version in Q2.
Just do It ✓:
Q5 : Can you tell us more about your business model & how has your community grown since your first launched?
Constantinos:
Panther is a decentralised project and not a for profit company, therefore a business model is not really the right concept that applies.
Our community has been growing phenomenally with minimal marketing efforts. This gives us the confidence to continue building and provide the best blockchain privacy protocol out there. We are working with the best Marketing and PR companies in the blockchain industry and we expect great things in the near future.
Just do It ✓:
Moving to our last segment live Q&A:) chat get ready with your Questions 😍
Q1. For a project development first of all main priority is having enough fund. Does your team financially capable to run this project? Do you have enough fund for it’s developement Can you tell us that how Panther Protocol project generate the profit?
Ans: That’s a great question, We have been running private investment rounds to secure funds and let us develop the points in our roadmap for the next few years. Also we have our strategic round to get partners on board that can provide strategic value.
Q2. What is the structure of Panther protocol , is it decentralised or a open sourced protocol where everybody can contribute? If so, how does the governance plan on being handled?
Ans:Governance plays a significant role in the success of the Panther ecosystem. Once the Panther DAO is launched, the Foundation will transfer all the Panther Tokens held by it to the DAO. Then the Token holders will take over treasury management, token economics and funding PIPs using a quadratic voting system based on the Panther Token holder balances. Voting will be done in a completely transparent way through a public portal.
Q3. Hi sir ☺️ : @Consanto
How can users stay updated with this project? Are there channels, including local communities where users can get the latest updates?
Ans: You can follow us on our social platforms to stay up to date with Panther 😁
Twitter: https://twitter.com/panther_prtcl
Telegram: https://t.me/pantherprotocol
Discord: https://discord.gg/WZuRnMCZ4c
Reddit: https://www.reddit.com/r/PantherProtocol
Medium: https://panther-protocol.medium.com/
Q4. What concepts and advantages has you built for its users that makes it different from other platforms? What benefits will it provide to its users?
Ans:Well, in my opinion Panther does not have any direct competitor..
At least no other team is looking to build exactly the same as us. Panther is unique in many ways:
Panther uses zero-knowledge proofs of assets ownership, for any digital asset on any blockchain. We call the blockchains on which Panther is deployed peerchains.
Assets go through the Panther network in a way that is trustless and confidential, using infrastructure for relaying transactions and paying for gas on the peerchain
It uses a gatekeeper network for on-ramping and off-ramping zAssets (1:1 collateralized private clones of Assets locked
It uses threshold-based privacy pools creation (i.e. transactions of zAssets are constrained by the fact that there is enough zAssets staked for privacy purposes)
It provides low-risk yield farming as Panther pools used for obfuscation purposes are single-sided, at least to start with (future plans of interchain private DEXs would make double-sided pools available – but that is going
to be delivered in a second step, in 2022)
Q5. Apart from AMA
What other marketing strategy are you having in kind to putting in place to aid project development and growth?
We are working with a comprehensive adoption plan for Panther. It involves an agenda for our lead team to attend crypto conferences and events, either online or in person whenever it's possible.
A new version of the White Paper is cooking, and it will be shared shortly. It may be a little technical, we’ll do our best to translate.
A new brand identity and a new website are being built, and they will be deployed in a matter of days. That’s going to look nice I can tell you!
We work with the strongest marketing and PR partners of the industry to get the academic-grade protocol research into bite-size articles in Tier 1 media outlets; these publications will happen ongoing, with the first ones as early as June 2021.
Now its time for Wrapping Up, any last words you would like to say to our community? 🥰💕
Constantinos:
It's been great to be here guys, such an enthusiastic community. I see that a lot of you joined our telegram already, please follow us on our other social media!
