Recap Session of Angel Finance Ama held at CryptoMansion

Held on 30 May 2021–8PM UTC

Held at our telegram channel — CryptoMansion (https://t.me/Cryptomansion)

Hello All, We have recently hosted a ama session with Angel Finance. the team was attended for the ama session. They shared a lot about the project in Details and many information about their project. Read out more about the project.

SEGMENT 1 — INTRODUCTORY QUESTIONS

Bryan: Angel Finance is essentially a platform where retail investors can acquire stakes in new projects(mostly crypto projects) through liquidity pools and smart contracts. People want to be early into projects these days, but may not know which projects to get into or trust. we would essentially take that process out for them and get the projects, advice them and out them on a platform to be invested in early.

To aid this running smoothly we would be making our own DEX. a lite one, for users to easily swap between whatever assets they want to interact with on the platform.

There will also be an angel fund, to help out with relief and aid, like charities and to fund creatives who have no money to work or bring their project ideas to life.

Bryan: essentially, to participate in the launchpad offerings, you have to be an ANGEL holder. and your maximum investment cap would be based on how much ANGEL you hold. But even with those criteria. there will be a maximum cap over. so the scale doesn’t tip in an unfair manner. Because we want to make the process fair.

We will publish a detailed pitch on the medium in the following weeks.

Bryan: it helps out with the biggest issues in the space rn. TX speed & high fees. and going off the idea that we wanted to give retail investors the chance at making. angel investments again in a cost effective manner, BSC was the next alternative.

Bryan: yes, we are just currently tightening up the audit, marketing & branding aspects. so we have everything moving forward. To proceed with true platform and other CEX & DEX listings. It is in the plans

Bryan: yes, there is a roadmap. on our website.

but i will copy it here as well

includes the platforms, certain nft sales and outreach

Q2
• Initial Liquidity/Listing
• Liquidity / Supply locks
• Smart contract audit
• CoinGecko & CoinMarketCap listing
• Reach out to charities & funds for donations & collaborations in Q3
Q3
• Platform Launch
• Angel Swap Beta launch
• NFT release & sale, of promo and Angel Finance concept images to creative community activity (50% of the proceeds from sales go to charity fund, the other 50% goes to the artist)
• First launchpad listing
• Angel Governance DAO
• First charity donation
• Review of first launchpad listing & charity donation to improve methods towards the next one.
Q4
• Upgrades on website, platform and methods, from Q2 review. (more plans and ideas will come into play depending on how Q2 plays out.)
• Exchange listings
• Collaborations with other projects to expand community & possibilities

SEGMENT 2 — LUCKY QUESTIONS WILL BE SELECTED FROM TWITTER

Bryan: want to make it two parts, the first part will be all the promo stuff that was designed from scratch for angel finance (like the images in our medium post). we would like to use the sales to support the artist(s) that did created them for us, while also giving a piece to the fund. (of course this will be discussed and agreed on with them ) the other part will be a bit random concept NFTs from artists who down to aid the cause.

but now that you asked, we might make some of it related to the charities or causes we chose to support. brings it all together in a good way.

Bryan: our contract is currently being audited by solidity finance. but on our end we’ve taken steps with the dev to ensure the code is safe for what we need. and have done some tests.

audit results should be out today/tomorrow

Bryan: you can definitely trade/interact with ANGEL with low slippage(1% is okay). the tax is just a rebase feature, which rewards holders. The high slippage stuff more than reward holders, sometimes traps holders. no one wants to sell, less and less interaction everyday. people are no longer coming in to transact, but coming in to hold. finance == halted.

the tax is just 1% as well. and it doesn’t go to the top holders (lock contracts and the fund/marketing reserve. devs wallet is also excluded.

Bryan: i think the asian market is a really huge and would help asian finance. so i would love to explore. i hope the asian market will welcome us. It’s been added to the marketing plan tho, but that plan could be stronger.

  • would help angel finance

Bryan: yes, but we are still in the beginning. so not a lot of things have been finalised. just the discussions have started.

SEGMENT 3 — COMMUNITY QUESTIONS

Bryan: yes, we would be organising bounties and small contests. nothing serious. just to create engagements. rewards will be in ANGEL. just didn’t want the regulate cliches competitions

Bryan: we are not trying to be better than any or every. we are simply just doing it our own way. i think that’s the beauty of the blockchain. everyone can create their interpretation of an idea. what i would want to focus on is great UX, help people invest in projects in the best way, exchange assets the best way. and help out the people that don’t have, the best way i can

Bryan: by actually making it work i think, best way to put it. making sure we do everything we are setting out to do

Bryan: so we initially took out the prediction market idea. so we could focus on the DEX, pad & fun first. but the prediction market is still on the plans once we get those going.

Bryan: haha angels to demons, interesting concept. we would vet the projects ourselves. and hold a decently large stake, for insurance against situations like that.

FOLLOW ANGEL FINANCE

telegram: https://t.me/Angel_Financetwitter: https://twitter.com/_angelfinance?s=21
medium:
https://angelfinance.medium.com

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