Recap of the ANTcoin AMA with Blockchain Space
On Monday, April 19th, we had the pleasure to welcome to our Telegram chat:
R L, who is part of the admin team and taking care of the marketing of ANTcoin.
We asked him questions about the development of ANTcoin.
Q~ Briefly introduce yourself, a bit of your background and your role in the team?
A~ I am a long term crypto enthusiastic and also investor. I have experience in other (DeFi) projects as well, and I am now also part of the admin team of ANT and focus on marketing. The openness and transparency of the core Ant team were definitely big factors in me joining. I also felt the branding of the project was very strong and there was a lot of potential for success. So that is the reason why I joined/was asked to join the admin team.
Q~ What is ANTcoin all about, explain its importance and are there incentives for participating?
A~ ANTcoin was built to succeed. What makes ANT stand out is the quick growth, and its strong community which it has built off the back of a monumental start. With an active team, dedicated community members and its proven tokenomics, ANTcoin aims to succeed where other memecoins failed.
There is a focus on organization and transparency from the team in order to ensure fellow ants feel safe and excited about the growing project. Regular updates are provided, with all community suggestions and opinions taken into account. We’re aiming not just to build the Ant Colony, but to also work on its foundations. We want to guarantee that every ANT knows exactly how we’re benefiting both them and the overall vision of ANTcoin. Holders are being awarded with rewards tokens which are being automatically redirected to all our holders wallets.
Q~ How are you different from other memecoins in the blockchain space?
A~ We recognize that there are many DeFi projects offering frictionless yield, but we believe our killer dApp will be unique in this space. We can’t talk much about our plans because of the level of copy-catting that goes on in crypto and DeFi in particular, but it’s safe to say we’re hiring mobile and smart contract developers in order to deliver something special. The core of our vision is to reward Ants (holders) in more ways, beyond just frictionless yield!
Q~ Share with us the tokenomics and usecases of the $ANT token?
A~ ANTCoin is a token on the Binance Smart Chain, with an initial total supply of 1 billion. 216.8 million is now locked liquidity, 41.38 million burnt, leaving a balance of circulating supply of roughly 742 million. We have a 6% tax on all transactions, with 3% redistributed to the community and 3% locked into liquidity.
Ownership of the contract has been renounced and there are no further burns planned, however, 3% of every transaction is locked up in liquidity and 3% shared out to holders. As a team, we are also hoping to lock away substantial amounts of tokens for other use cases in the future, effectively reducing the circulating supply.
Xiaolin : Have you done any audits?
R L : We’re planning our first audit, which should take place in the next couple of weeks.
Q~ Could you share with us, the recent progress and your future plans for ANTcoin?
A~ We are in the process of working through a number of different avenues that will help expand ANTCoin quickly, but also in the correct way that will allow for sustainable growth. This list includes:
- Unirocket channel (early this week)
- New website up and being tweaked (done and will continue to work on)
- Whitepaper (done)
- Additional AMAs booked
- Renowned Twitter influencer booked, over 220k followers (this week)
- Partnership communications ongoing (long-term)
- Goldfarm.io application submitted, received and is pending (short-term)
- CoinMarketCap applied (short-term)
- CoinGecko applied (short-term)
- FegEx listing planned (long-term)
- Mobile/dApp developers being hired (done, and the dApp development will begin this week)
QUESTIONS FROM TELEGRAM
Q~ How many exchange listings have you secured, where can we get $ANT tokens?
A~ At the moment, you can get your ANT tokens via Pancake swap. If you visit our website https://www.antcoin.one/ you’ll find all the information you need in order to proceed with the buying process! And you’ll immediately start earning your rewards, which will be automatically transferred to your wallet!
Q~ One of your long term goal is FEGex listing .. Why is FEGex ?
Any special reason?
A~ We love the whole philosophy behind FEGex and are looking forward to have a listing on their platform.
Q~ What are ANT’s plans with DEFI? Are you planning to implement new horizons?
A~ One thing we really want to do during this AMA is to thank our loyal Ants who’ve stuck with us from day one. Only the strong remain. Our admin team have access to sufficient funds to ensure ANTCoin is a success well into the future. Our next priorities are several key website listings, price bots, TG bots, audit, charitable partnerships and dApp development, and we believe that with our strong team of experienced devs that this can all be accomplished quickly and well.
Q~ What is the Brain behind using an ANT as a symbol and name for a Beautiful coin as this on the BSC?
A~ Nice question 😊
The ant is one of the strongest creatures in the animal kingdom, able to lift 10–50 times their own body weight. They are also extremely community oriented and work together to build their colony and defend it against external threats. We see our community in the same way — working together to build great things that will benefit each and every one of our members.
Q~ One of ANTcoin short term goal is. Blockfolio listing… How can you invite any cryptonewbies to join with. ANTcoin ?
A~ I would refer again to our website: https://www.antcoin.one/ all the information you need to join the ANT community is right there!
Q~ I read on your twitter that I can generate passive income with ANT but on Pancakeswap so I am wondering, how is profit calculated? How much is the minimum I can invest? Is it worth it in the long run?
A~ At the moment you can get your passive income just by holding ANT. We reward holders by delivering rewards directly to each holder’s wallet automatically.
Q~ A lot of memecoins initially grow due to hype, living off of hype is not sustainable, so how plan to ensure the longevity of the project?
A~ ANTCoin will be listed on goldfarm.io to give further utility to the token, and we hope one day to be listed on feg.exchange. It is of course important to note that our team is comprised of many members from another highly successful DeFi project team, which has given us important connections to be able to rush listings and receive AMA offers so early in our project, such as this one. Additionally, we’re in touch with several major global wildlife charities with the goal of partnering with at least one in the next few weeks. As we design and build our unique dapp, we’re constantly thinking about how it can benefit our Ants and our charitable partners. Watch this space!
It’s really nice having the ANTcoin project in here!!!
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