C️amelCoin x Crypto Challengers AMA Recap from the 8th of March

CRYPTO CHALLENGERS
12 min readMar 14, 2023

Hello, Challengers!

Another AMA took place in Crypto Challengers at our Telegram and we would like to introduce to you the AMA session with our friend from CamelCoin.

The AMA session was divided into 3 parts with the prize pool of 100$ USDT 🎁

Camelcoin is a crypto currency created with the aim of developing economic activities of camel products in the world and their impact on disadvantaged rural areas both in terms of employment and human and ecological development. It guarantees secure financing for development projects as well as traceability of funds to avoid any kind of deviation whatsoever thanks to blockchain technology. It will also serve as a trustlabel for animal well being and fairtrade services to protect nomads culture, ecology and cultural preservation being the guidelines of the project.

AMA with CamelCoin

Tanmay:

Good day everyone and welcome back to Crypto Challengers for another wonderful AMA! I hope you’re ready for another great AMA. Today, we have Issa from CamelCoin to share with us more about the project.

Issa:

Hi everybody

Tanmay:

Good day Challengers! I’m Tanmay and today I will be hosting the AMA with Issa from CamelCoin. How are you doing today Issa?

Issa:

I am fine thanks, working a lot on the project as usual

Tanmay:

It’s great to hear that you’re doing fine and working hard on the project! Putting in the effort consistently is key to achieving success.

Issa:

Thanks

Segment 1 : Introduction segment

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

so I am Issa VICTOR, i am french living in western sahara and i am the founder of the camelcoin project. I also own a company of camel products. As an expert in cryptocurrency and the camel business world, i thought intersting for the camel market to be tokenized and secured for the next evolution of the world.

Tanmay:

It’s fascinating to hear about your background and your innovative project, Camelcoin.

Can you briefly introduce the project CAMELCOIN what are some of utilities of $CML ? How do you think you stand out among the competitors if there are any?

Camelcoin is a crypto currency created with the aim of developing economic activities of camel products in the world and their impact on disadvantaged rural areas both in terms of employment and human and ecological development. It guarantees secure financing for development projects as well as traceability of funds to avoid any kind of deviation whatsoever thanks to blockchain technology. It will also serve as a trustlabel for animal well being and fairtrade services to protect nomads culture, ecology and cultural preservation being the guidelines of the project.

CML will be so really useful to buy and sell camel products worldwide, but also at next level for other natural products that will enter our ecosystem.

The camel ink blockchain that we are developing will allow only 200 smart contracts to join our ecosystem and so will be used as a trust label for solid economical projects

So we dont haave competitors but only cooperators

CML is also usefull on our wallet app to mint Live NFTs with utilities.

Tanmay:

Camelcoin’s goals and vision are truly inspiring! Their focus on economic development, animal welfare, fair trade, and preserving nomadic culture and the environment is admirable.

The use of blockchain technology to ensure secure financing and traceability is an excellent idea. I love the concept of using Camelcoin to buy/sell Camel products globally & to potentially expand to other natural products. 💪

Overall, Camelcoin has the potential to be a game-changer. Best of luck with the project!

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

here is our roadmap https://camelcoin.io/roadmap/

For now the major achievements we did are in the camel world where we have been accepted worldwide

camelcoin is now a major actor in the camelworld and recognized by united nation for the development of camels for 2024, year of the camel

we are invited in all main events.

Next level is to the cryptocurrency community, and with The Hump wallet which is now in review by apple and google, we will surely prove our quality in technical development. you can actually all dowload and already use The Hump.

Tanmay:

Congratulations on the major achievements you’ve made so far in the Camel World! It’s very impressive to hear that CamelCoin has been accepted worldwide and recognized by the Nations for the development. It’s great to see that you’re invited to participate in all the main events, which is gonna surely help to increase the awareness and adoption of Camelcoin. It’s exciting to hear about the Hump beta, which is already available on the IOS.

It’s fantastic that people can already download and use The Hump. I look forward to seeing more updates on your progress! 🤩

Issa:

it is the actual BEST wallet for the cardano ecosystem, as safe as daedalus and faster than yoroi. And the option to mint NFT straight from your camera is really interesting.

Tanmay:

Thanks for sharing the information about The Hump wallet! It’s great to hear that it is considered the best wallet for the Cardano ecosystem, and is just as safe as Daedalus while also being faster than Yoroi. The option to mint NFTs straight from your camera is also an interesting feature, which could potentially make the process of creating and selling NFTs more accessible and convenient for users. Its exciting to see such level innovation in the crypto space. 🚀🔥

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

As a member of the Camelcoin team, I can assure you that security is our top priority. We have implemented several measures to protect our users’ funds, including multi-factor authentication, encryption, and regular security audits.

In terms of benefits, we offer several incentives for users to choose our platform. For one, we have a user-friendly interface that makes it easy for beginners to navigate the crypto world. Additionally, we offer low transaction fees and fast confirmation times, making it more cost-effective and efficient to use our platform. We also have a strong community of supporters who are always willing to offer support and guidance to new users. Overall, we believe that Camelcoin offers a safe, reliable, and user-friendly platform for anyone looking to participate in the blockchain revolution.

Tanmay:

Thank you for the reassurance about CamelCoin’s security measures.

It’s great to hear that you take the safety of your user funds seriously and have implemented various measures to ensure their protection.

Your user-friendly interface, low txn fees, and fast confirmation times sounds like compelling reasons for users to choose your platform. Having a supportive community is also a huge plus, especially for those who are newbies in crypto who may need guidance and support.

Overall, it sounds like Camelcoin is a strong contender in the blockchain space, and I wish you continued success.

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

Now 40 millions of Camelcoin(CML) have been minted and the max total supply is 170 millions

You can find the full tokenomic chart here https://camelcoin.io/

Tanmay:

Thank you for sharing the information. It’s interesting to note that 40 million Camelcoins have already been minted, indicating an increasing demand for the cryptocurrency. With a maximum total supply of 170 million, there is still room for growth and potential for the value of Camelcoin to increase as adoption and use cases expand. The tokenomic chart provides transparency and clarity on the distribution of Camelcoin and helps investors make informed decisions.

Segment 2 : Twitter segment

CamelCoin has an interesting focus on the Middle East, with much of its efforts going into development and expansion in this area. But do you plan to comply with regulations in other markets in order to expand the scope of your project so that CamelCoin can go global?

Camelcoin is actually already global. Our presence in the middle east is more to make the connection between camel world and crypto world more easy. In fact middle east is the perfect connection for that. But the ^project already profits larger areas in Africa, Mogolia and australia. Actually even the brand Camelcoin is protected trademark international.

How does the integration of NFTs as acts of property enhance the security and protection of valuable items ordered and tracked through the Hump Wallet App? how do you plan to ensure the ethical treatment and protection of the sponsored entities, such as camels and rare animals?

NFT on The Hump will be a major improvment on the cryptoworld to tokenise the Living. Nfts will not just be pictures or videos but will also contain all infos including DNA and anything concerning the animals so it can be associated only with ONE animal. By this we improve the security of animal transferts and also protect them from instinction by developping programs and improving genetic.

I see that The CamelCoin has One Wallet App For Order, Tracking & NFTs called Hump Wallet App. Can you explain the features and utility of this wallet to users? Can we order camel products here? What payment methods does Hump Wallet accept? ? Is Hump Wallet available on Android?

So The Hump wallet is first of all to simplify the life of all Cardano ecosystem users. It has a really easy and intuitive user interface and it is really secured and fast.

So The Hump wallet is first of all to simplify the life of all Cardano ecosystem users. It has a really easy and intuitive user interface and it is really secured and fast.

The NFT minting experience is also incredible while anybody can just take a picture or a video and mint it straight to NFT throught the app. Any utility or conditions or contract can be mint with the image. Of course its also allow normal uploading, but the LIVE MINTING is really a special feature.

Soon, the camel market place for fairtrade will be open and of course The Hump will be connected to it. So you can buy anything from the camelworld with your wallet and also secure transactions or products with NFTS

The Hump is availbale on android and iOS and it will be soon on the play stores. Meanxhile you already can use it by downloading it here

Can you tell me a little about the use cases of your NFTs, in which way I can generate profits with them? The more I have, the more benefits can I get? These NFTs can only be traded with @CamelcoinThe token or do they also other types of currencies such as USDT, TRX, ETH?

The fact is that you can easy generate yourself image/video/audio NFT and sell them on your favourite platforms!

After we also will have our own NFT collections who will be shared on selling place in CML only or also in airdrops…

All of them will have incredible special features utilities for the community

Stay tuned.

I read that in Camelcoin one of the biggest benefits is the fact that it rewards the holder. that’s really a good thing, but through what mechanism did they manage to do it and what mechanisms were put in place to be able to reward holders?

The principle of decentralized market place…. Just imagine Amazon, but no Jeff Bezos, only users

On the cameleader/camelzone market place, allprofits of the platform will be shared yearly beetween holders of CML

this will be made by a smartcontract connected to the Hump wallet. Yes in facts, if you want to receive the shares, you need to hold your cml on The Hump.

The more you hold and use CML, the more you get

Segment 3 : Live Segment

On the website, #CamelCoin states that camels ressources will not be over exploited and the incomes will be straight to the breeders. How can one be satisfied that there is no over exploitation? Breeders are from which part of the world? How there standard of living …

From — Sapprrow Olik

Actually the camelcoin project has been created especialy to avoid overexploitation of camels. The goal is to create a big cooperative work and through blockchain and web3 allow people from isolated areas to have access to global market. Breeders are from anywhere where camels are NATURALLY there. Meaning that the project, transformation of main material and final products will be sold FROM COUNTRIES OF ORIGIN, to avoid disasters that we know like with coffee or cacao.

What is the minimum and maximum to invest in your project?

From — Metro

The minimum is 5$, then you need 10$ CML to access the NFT minting on the Hump. And for max…. well, just buy the total supply! 😄

I have read that this whole CAMELCOIN ecosystem will then be open to 200 limited similar projects, so I have been very interested to see that it will be something really limited, but why have they opted for only 200 projects specifically, and in relation to that how can I present my project or funding to link and integrate myself to the CAMELCOIN ecosystem?

From — Jean Pierre Hernández 🛸👽

The 200 Limit for smartcontract and to welcome similar projects on our ecosystem is to be able to keep our work as a Trustlabel. If we allow everybody like on ethereum or BSC, we will have a shitload of shitcoins and shit projects,. TRUST LABEL is very important for us and we think that with 200 projects concerning natural products and fairtrade, it willl be enough to cover almost the whole market. To present your project you can definitely contact the team to infos@camelcoin.io, we will be happy to guide you.

Many projects have problems with UI / UX and this one turns off new users. How do you plan to improve the interaction with new users and with users outside the crypto space?

From — Newmas

Thank you for your question. Improving the user interface (UI) and user experience (UX) is a crucial aspect of any project, particularly those in the technology and crypto space.

To improve the interaction with new users and users outside the crypto space, my plan would involve a few key strategies. First, I would conduct user research to better understand the needs and preferences of our target audience. This would include gathering feedback from both new users and those who are not familiar with the crypto space.

Based on this research, I would work to simplify the user interface and streamline the user experience, making it as intuitive and user-friendly as possible. This might involve redesigning certain aspects of the UI, such as the navigation or layout, and incorporating clear and concise messaging throughout the platform.

Another important aspect of improving the interaction with new users is providing educational resources and support. This might include tutorials, guides, or FAQs that explain how to use the platform and answer common questions. We could also offer customer support through chat or email to help users navigate any issues or concerns they encounter.

Finally, I would prioritize ongoing testing and iteration to continue improving the UI and UX over time. This could involve conducting user testing sessions and gathering feedback from our community to identify areas where we can further enhance the user experience.

Overall, my approach would be to prioritize user needs and preferences, simplify the user interface, provide educational resources and support, and iterate continuously to improve the user experience over time.

Sir, I want to a “LONG TERM INVESTMENT” with this “Project”, But I’m in doubts right now! How can you convince and assure me this Project is “Safe and profitable”?

From — 새로운 남자 .. BD

Thank you for considering a long-term investment in Camelcoin. We understand your concerns about safety and profitability, and we want to assure you that our project is both safe and profitable. We have a dedicated team that is committed to promoting and supporting camel activities worldwide, while also ensuring the protection and conservation of these resilient animals.

Our mobile wallet application, The Hump, enables live NFT mining, which provides a unique opportunity for investors to generate and hold their own NFTs related to camel activities. In addition, our decentralized e-commerce platform, Camelzone, offers global fair trade and profit distribution, which ensures that products related to camels can benefit from fair trade regardless of their distance from their farms.

Furthermore, our team is committed to working with animal protection organizations, farmers, conservators, and other stakeholders to ensure that fair trade of camels is as effective and beneficial as possible. We believe that this approach not only benefits the global camel industry but also ensures the long-term profitability and success of our project.

In conclusion, we believe that Camelcoin is a safe and profitable long-term investment that is committed to promoting, advocating for, and supporting camel activities worldwide. We would be happy to answer any further questions you may have about our project.

Tanmay:

Thank you to our guest for joining us today and sharing insights about CamelCoin and their exciting developments in the Camel and blockchain space.

Issa:

thanks a lot

Tanmay:

We appreciate all the thoughtful responses and look forward to following CamelCoin’s journey.

Thank you reading the AMA session with Camelcoin. We hope that the team was able to provide you with valuable insights into their project and answer your questions to your satisfaction. If you have any further queries or require more information, please feel free to reach out to the team directly via their socials.

👉 https://t.me/camelcointalk

Before we wrap up, is there anything else you would like to share with our audience? Any final thoughts or upcoming announcements? Issa?

Issa:

Just download the APP while its a privilege for your community to have it in avant premiere

And One thing is sure, is that camel is the future!

Tanmay:

Absolutely

We wish you and the team all the best with the further development of the CamelCoin and look forward to seeing the exciting developments to come. Thank you again and have a great day!

The AMA is now over ❗️

--

--