📣MB Blockchain community vn AMA with Combo

MB BC BLOCKCHAIN Community
18 min readOct 26, 2020
MBBCBLOCKCHAIN ​​community is hosting AMA with COMBO https://t.me/Combo6688
Time 🕖AMA: Monday, October 26, 2020 || 20:00PM UTC+7) 13:00(UTC)

Part 1: Introduction to the Combo project

HoĂ ng PhĂșc|No PM first: 1 minutes left will start ama with combo

We really appreciate your coming to AMA today, to tell our community about Combo 😉👍 @JackComboOfficial

Jack — Combo token advisory team: Hey there @NgoHoangPhuc

Thanks for having me here tonight.

Looking forward to this amazing AMA session

HoĂ ng PhĂșc|No PM first: Good

So before we start, can you please introduce yourself to the our community? 😊

Jack — Combo token advisory team: Yes definitely! I bet many of you still don’t know me. So let’s get started with self intro

HoĂ ng PhĂșc|No PM first: Would you please introduce yourself and the project?

Jack — Combo token advisory team: My name is Jack. I am originally from Armenia but have been actively working in China for over 5 years now.

I majored in Business with a focus on Finance and Accounting. My interest in the tech world grew the day I travelled to China.

I got into cryptocurrency around 2016, when I was introduced to Bitcoin by a colleague whom I was doing business with in the city of Shenzhen.

I decided to gradually get more immersed into Bitcoin, the technology I had dearly fallen in love with.

After years of work in and around the crypto world, I decided to take my influence further by joining this amazing project. Combo.

As you all know already, today we will be talking about Combo’s liquidity mining.

However before we do that, let’s briefly introduce Combo to our lovely community members.

Combo (COMB) is an aggregation protocol for DeFi derivatives developed based on KuChain, which includes an aggregation platform for various protocols such as liquidity mining, synthetic asset issuance, collateral mining protocols and oracle machines, etc. The COMBO project serves to provide a bottom layer of DeFi development, which enables traditional financial assets including legal tender, bulk commodities and stocks to seamlessly chain assets through blockchain technology. Combo is completely decentralized and admission-free, for the purpose of making it easy for all users to participate, and provides a solution channel that leverages traditional financial assets and more diverse and complex transaction strategies.

HoĂ ng PhĂșc|No PM first: Great looks like you’ve got a lot of experience with cryptocurrencies

Jack — Combo token advisory team: Well, it surely is a hobby for me

I would never imagine myself being in any other industry

HoĂ ng PhĂșc|No PM first: Good

Okay, let’s get to the next question!

Jack — Combo token advisory team: Can’t wait!

HoĂ ng PhĂșc|No PM first: Combo started its burningdrop on PoolX. Can you tell us more about Poolx and how it would benefit Combo?

Jack — Combo token advisory team: Well definitely. Combo is now releasing its next product

Liquidity mining.

And many of you probably do not yet that Kucoin and Kuchain are our main partners.

So allow me to elaborate on our PoolX campaign

The purpose of getting started on PoolX is to provide users true and fair token distribution.

We wanted to give users who support Combo early on an advantage to obtain Comb tokens and participate in Combo’s follow-up liquidity mining plan.

After all, Combo is all about the community.

We are customer-centric

We focus on what is best for our community.

Well, our first BurningDrop campaign started on PoolX.

We also had a strategic decision to make together with Kucoin and Kuchain to test our token’s marketing campaign and we came up with this decision to kickstart our burningdrop campaign.

It was an easy decision and it paid off quite well.

All of Combo’s lockup amount was eaten up in just 10 minutes.

This only accelerates phase 2 for Combo on Kucoin and we will announce that to our community when the time comes.

Done

HoĂ ng PhĂșc|No PM first: Why did you choose Kucoin as Combo’s first partner exchange?

Jack — Combo token advisory team: Nice question Hoang.

Kucoin! where to start with that

You know, I usually prefer to talk about our own company but Kucoin is just too influential

If you’ve ever wondered where the name Kucoin comes from, here’s your answer.

“Ku” in Chinese means global or in other word “one that’s for the people”.

Kucoin has proven again and again that their clients come first.

Even one of the biggest hacking events couldn’t stop Kucoin from doing what it has to do and there’s a reason why they are ranked top 10 on CMC.

To answer your question in brief, I would say transparency — Connections — Power — Professionalism. TCPP is the perfect combination for top level companies in today’s world and Kucoin ranks high.

Done

HoĂ ng PhĂșc|No PM first: Can you briefly introduction Combo’s liquidty mining?

Jack — Combo token advisory team: Definitely. It’s all about liquidity mining.

Allow me some time to type that down!

The purpose of liquidity mining is to help Combo start quickly in the early stages and distribute tokens in the fairest way available to ensure that each Combo liquidity mining participant has fair access to Comb token distribution.

Allow me to also introduce it as I’m sure some would want to know how Combo liquidity mining works.

he Combo aggregation protocol will establish a liquidity mining bonus pool. Users can deposit encrypted assets in a decentralized trading platform to provide liquidity for the Combo fund pool, thereby obtaining COMB trading tokens (staking token). Staking COMB tokens on the Combo pledging platform can allow you to participate in COMB liquidity mining.
The more funds invested and the longer the time, the greater the share of liquid mining pools obtained. The liquidity mining rewards will be divided according to the liquidity mining pool shares.

Liquidity mining pool share = user liquidity mining token parameters / liquidity mining token total parameters × 100%

For example: There are two users in the Combo pledge platform. Alice has pledged 100 COMB trading tokens (staking token) for 10 days; Bob has pledged 200 COMB trading tokens
(Staking token), the time is 5 days;
Alice liquidity mining staking token parameter=100×10=1000
Alice’s liquidity mining pool share: 1000/2000×100%=50%
Bob liquidity mining staking token parameter=200×5=1000
Bob’s liquidity mining pool share: 1000/2000×100%=50%
Liquidity mining staking token total parameters = 1000 + 1000 = 2000

Every time liquidity mining is performed independently, it will mark its start time. Therefore, if two pledges of mining are performed and then withdrawals are made, the first and second may have different bonus amounts.

Done

HoĂ ng PhĂșc|No PM first: Thanks to it, I learned more about the combo

It’s so cool because of it that our community already knows a lot about it

Let’s move on to the next question!

When does Combo expect to open liquity mining?

Jack — Combo token advisory team: Definitely buddy. At the end of this session, I will introduce the liquidity mining platform

HoĂ ng PhĂșc|No PM first: Wow good

Jack — Combo token advisory team: Well, yes. That is what we’re looking for at the moment!

We will be announcing it on our Twitter and Telegram pages.

However, it is expected to come out on October 28–29

We have already completely revamped our website and liquidity mining page will come live in a few days.

That will give everyone enough time to get ready for this event!

done

HoĂ ng PhĂșc|No PM first: I look forward to that moment

And next will be the next question

Jack — Combo token advisory team: We’re all fired up for this moment

Go ahead!

HoĂ ng PhĂșc|No PM first: How long will this liquidty mining last?

Jack — Combo token advisory team: Well it all depends on how big Combo goes.

The mining process will technically last until all tokens are fully mined.

It reflects on the community really.

We, at Combo, will do our job in providing a unique product to the crypto community and attract the influx of new investors we expect from the traditional world.

As we already know, the total supply is capped at 1 Billion. Giving this a timeline will be pure speculation at the moment.

done

HoĂ ng PhĂșc|No PM first: Great

Will the mining income be adjusted every week? What iss the bassic for the adjustment of weekly total income?

Jack — Combo token advisory team: Each and every liquidity mining event is independent and will mark its start time.

Therefore, if two pledges of mining are performed and then withdrawals are made, the first and second may have different bonus amounts. Withdrawal will return the principal and the number of COMB obtained by liquidity mining to the user address.

There will be more detailed explanation on these stuff soon.

Done

HoĂ ng PhĂșc|No PM first: Thanks to it, we learned quite a lot about combos

next question now!

When does Combo expect to launch Uniswap and What crypto assets can be used to particpate on Uniswap?

Jack — Combo token advisory team: Everyone asks about listings don’t they!

hahaha

Yes, so Uniswap listing is coming around the same time as liquidity mining

It will probably be right before or after we launch our liquidity mining

Well actually

Allow me to introduce our platform

Is that ok with you?

I’m so eager to show you all how Combo’s liquidity mining platform will look

HoĂ ng PhĂșc|No PM first: of course

Do it now

Jack — Combo token advisory team: yes

let’s do that

Dear community, this is how Combo’s liquidity mining platform will look

You will be finding this on our website on october 28–29

I will show you all step by step instructions on how it works

1

2

3

@huyenoanhpham1998 @NgoHoangPhuc

Our first liquidity mining pool will be combo/usdt

We have also introduced a referral system

Combo liquidity miners will have the option to invite their friends and colleagues to mine as well.

There will be 2 layers of referral rewards for each and every miner.

Layer 0 will be the person who is mining Combo

layer 1: If you invite 10 people with your referral code, you will be getting 5% of their profit.

layer 2: if your “layer 1” friend invites 10 people, you will also be getting 5% of their profit

What do you think about Combo’s liquidity mining my friend?

😁😁

HoĂ ng PhĂșc|No PM first: Very good

Amazing, Combo’s mining platform is great. I hope Combo will grow stronger now

Jack — Combo token advisory team: Thank you Hoang. We hope to grow big together with our community!

HoĂ ng PhĂșc|No PM first: Thanks Jack

Together we continue to stage 2 we will find and pick 5 best questions on twitter.

Are you ready? @JackComboOfficial

Jack — Combo token advisory team: yes definitely

Part 2 : Questions from Twitter: 5 best questions about Combo ($ 10 / person)

HoĂ ng PhĂșc|No PM first: We start with question 1

1. The cryptocurrency market is very vast, there are several investment opportunities, different projects and ideas, but why did COMBO choose to operate in the DeFi area and chose KuChain as its main blockchain, knowing that there were several other options? (@linhmiuxinhgai)

Jack — Combo token advisory team: Nice question @linhmiuxinhgai

The crypto market is huge. It still hasn’t reached Gold’s market cap.

Now what I can say about the crypto market is that it is still ripe.

It still has too much growing to do and probably just 5% of the crypto projects are legit and real

The rest are either scams or too weak to get somewhere.

Now with Combo it is completely different. Combo is being built as layer 2 on Kuchain.

Combo will be one of the main pillars on Kuchain and the reason we chose them and they chose us is because we suit each other infinitely

It’s like the perfect couple to take on the DeFi world.

Kuchain is robust. It is faster than flash

You wouldn’t believe how big it will be.

Done

HoĂ ng PhĂșc|No PM first: It was great and thanks @linhmiuxinhgai for asking a very good question

Let’s go to the next question together!

2. COMBO looks good but it confuses me that there are so many other Blockchain projects. What should I pay attention in COMBO to give it the importance it deserves? What are your planning to achieve with your project?(@lathanh17091993)

Jack — Combo token advisory team: My answer will really be a replicate of that of @linhmiuxinhgai

Combo has passed each and every test on Kucoin’s audit report

We were carefully audited by kucoin and their audit partners to test our platform

I would usually avoid talking about this but Kucoin is now being extremely careful on bad products after that hack

Trust me, they wouldn’t have picked Combo to start with if we were not among that 5% top crypto and DeFi project.

I say this proudly and I hope to have you aboard @Lathanh17091993 !

done

HoĂ ng PhĂșc|No PM first: I hope the combination will reach the pinnacle of blockchain

We continue to question number 3

Jack — Combo token advisory team: let’s go!

HoĂ ng PhĂșc|No PM first: 3. How does the mechanism of change of Circulation Supply according to Liquidity work? Which factorial does Circulation Supply of $COMB depend on ? Could you tell me more about the decentralized ‘’add’’ and ‘’remove’’ Liquidity Token Sale process? @LouKuChain @Combotokenadvisor (@trinhcrypto1997)

Jack — Combo token advisory team: @huyenoanhpham1998 You must have mistakenly mentioned Lou :p

Is she here with us today?

😂

HoĂ ng PhĂșc|No PM first: She is quite careless, sorry

Jack — Combo token advisory team: @trinhcrypto1997 I cannot talk about that information at the moment

HoĂ ng PhĂșc|No PM first: Okay, I will quickly find the 3rd question for you

Jack — Combo token advisory team: however, I can tell you that the circulation supply works just like any liquidity mining project out there

HoĂ ng PhĂșc|No PM first: 3. I am a crypto investor and I only care about prospect of a crypto that I chose, tell me the reason why I should choose your project over the existing one ? What is your coin advantage that can convince me to change from my favorite token ? (@CuongPham1997)

Good

Jack — Combo token advisory team: Our token’s advantage is our connections

Our token’s advantage is our connections

formula

transparency is key

professionalism is key

Power is key

but the most important factor in here is connection

Having connection at the start of your journey will take you places.

Facebook succeeded because of the connections it had

If we want to take an example in crypto world, it would be NEO

NEO also got there due to their deep connection with some parties.

We are in this same situation as a project. Our connection with Kucoin is deep.

and that only means were are well connected other main players in this market

We can’t name them yet. you will only find out soon!

done

HoĂ ng PhĂșc|No PM first: Thank you, this explanation is easy for the community and investors to understand👍👍

Jack — Combo token advisory team: yes

HoĂ ng PhĂșc|No PM first: 4 .Most of investor just focus on the price of token in short term instead of real value of project. Can you tell us the motivation and benefits for investors to $COMBO long term? (@@napkengfa)

Jack — Combo token advisory team: I’ve seen this exact same question in another AMA session.

It’s repetitive

but I can answer that if it’s ok

Short term goals are for poor people. I will be blunt with it and throw it right in your faces shorters 😂

I reiterate how important it is for you to understand that when a project is successful from the start line, you never know where the price will rest

Just look at chainlink

just look at the bitcoin price

You can even take Amazon shares as an example.

long term is the real goal for investors.

Patience pays off

done

HoĂ ng PhĂșc|No PM first: good

We start with the last sentence of phase 2

5. One of the ways to promote the project and attract users is to create local #COMBO communities around the world. Does #COMBO have any plans for this In 2020, will #COMBO promote Marketing? Because MARKETING is the source of almost every project?(@anhdungsenpai)

Jack — Combo token advisory team: nice question @Anhdungsenpai

We are already doing that. We’ve got more than 5 local communities already and that number is growing

Let me share the links

if that’s ok @NgoHoangPhuc

HoĂ ng PhĂșc|No PM first: of course

You should do it

Jack — Combo token advisory team: Just a moment

Bangladesh đŸ‡§đŸ‡© : https://t.me/ComboBangladesh
Vietnam đŸ‡»đŸ‡ł : https://t.me/combovietnam
Indonesia đŸ‡źđŸ‡© : https://t.me/Combo6688_ID
Turkey đŸ‡čđŸ‡· : https://t.me/ComboTurkish
India 🇼🇳 : https://t.me/comboindia
Persian đŸ‡źđŸ‡· đŸ‡ŠđŸ‡« : https://t.me/ComboPersian

You can also join our official Combo community here.

So yes, we allocate our budget carefully to meet the most important goal of Combo’s future

That’s the community. We are nothing without our community

done

HoĂ ng PhĂșc|No PM first: Great finished 5th question, I am looking forward to stage 3, are you ready @JackComboOfficial?

Jack — Combo token advisory team: Definitely

Part 3: Free — ask: 5 best telegram questions about Combo ($ 10 / person)

HoĂ ng PhĂșc|No PM first: In stage 3, the group will be unlocked for 5 minutes, at which point everyone submitting questions @JackComboOfficial will choose the 5 most lucky questions.

Let’s get started together!

3

2

1

Now!

Jack — Combo token advisory team: go!

HoĂ ng PhĂșc|No PM first: Stop it! has too many questions i think it’s over 10k messages, haha

Now it’s your turn! @JackComboOfficial

Jack — Combo token advisory team: Holy cow!

HoĂ ng PhĂșc|No PM first: Seems a bit difficult

Jack — Combo token advisory team: That’s crazy amount of questions!

Gonna have to spend a day to go over them 😂

Let me handpick a few golden ones

@ponsiuto: Can you share the strengths and experiences of the Combo team? Does Combo create career opportunities for technology engineers?

Our strength at Combo is connections.

We are old players in this industry. Some of the members are in the crypto sphere since 2016. Some of us are here since 2013 and so on

That has given us enough time to build on our strength and use that to gain power and a voice in the market

HoĂ ng PhĂșc|No PM first: Congratulations @ponsiuto for winning question 1!

Jack — Combo token advisory team: done

HoĂ ng PhĂșc|No PM first: Let’s continue looking!

Jack — Combo token advisory team: @Chatzua — The $ COMB pre-sale is yet to begin, but what will the token’s long-term plans be? What are the applications it has within the ecosystem?

Actually even our public sale is over. We are now starting our liquidity mining journey

Guys, there is probably a misunderstanding in here. We are not promoting our presale or public sale! That’s already done and we even reached hard cap

Today, I’m here to introduce Combo’s liquidity mining.

done

HoĂ ng PhĂșc|No PM first: Congratulations @Chatzua on winning the next question !!

Jack — Combo token advisory team: @Lferas — In Tokonomics of $COMB, I see 92.5% of Tokens are mentioned in Product Mining.. Could you please explain what is Product Mining & How these Tokens were Generates of Unlocks?

Nice question

92.5% percent is the amount of tokens allocated to liquidity mining.

That is where the whole game starts and on October 28 you will be able to mine the first every Combo token from liquidity mining!

😁😁

The liquidity mining will bring in lots of products to build on top of Combo

Combo will be a massive platform and will be used for layer 3–4
 projects on Kuchain

Just imagine how big that is and let that sink in slowly

@Chatzua — Success of any project lies in the hands of it followers, what fraction of your budget did you reserve for marketing and promotion? Or do you think that’s not one of your utmost priority at the moment?

Success definitely lies in the hands of our clients

HoĂ ng PhĂșc|No PM first: Congratulations @Lferas on winning question 3 !!

Congratulations @Chatzua on winning question 4 !!

Jack — Combo token advisory team: We have allocated a considerable amount of budget to marketing and ads

We plan on growing that further once we Kuchain goes live

Future is bright !

@akira0133 — Any small coding error can permanently damage the entire assets of the LPs. This is the biggest risk of Yield Farming . How will you deal with this problem? Has your smart contract been audited by any blockchain system ?

We have performed an extremely important audit for Combo

It was done by experts, Kucoin team , and Kuchain

The audit phase lasted weeks and weeks. We were extremely patient but worried and we came out just fine!

Combo is robust and that is for sure.

done

HoĂ ng PhĂșc|No PM first: Good

Jack — Combo token advisory team: so that’s 5 right?

HoĂ ng PhĂșc|No PM first: No

We are only on the 4th question

Jack — Combo token advisory team: ok let’s get one more

I’ll be careful with this one đŸ€©

HoĂ ng PhĂșc|No PM first: Please choose the last one !!

Sorry @JackComboOfficial

I mistook this was question 5

Jack — Combo token advisory team: @Luvfae — Recently Kucoin’s hack showed us that a lot of crypto assets only pretend to be fully decentralized. Founders of notable projects restricted the transfer of their tokens. Let’s imagine (hope that it will not occur in the future) that some of the #COMBO tokens get in the hackers’ hands. So, the question is how Dapper labs would react to this issue or should it be resolved by governance?

Yes, that is question I’d like to ask those so called “decentralized’ projects 😂

oh ok

HoĂ ng PhĂșc|No PM first: Sorry

Jack — Combo token advisory team: So I picked one more

Should I answer it?

HoĂ ng PhĂșc|No PM first: of course

Jack — Combo token advisory team: @Luvfae — Recently Kucoin’s hack showed us that a lot of crypto assets only pretend to be fully decentralized. Founders of notable projects restricted the transfer of their tokens. Let’s imagine (hope that it will not occur in the future) that some of the #COMBO tokens get in the hackers’ hands. So, the question is how Dapper labs would react to this issue or should it be resolved by governance?

As of this very moment, Combo team doesn’t even hold 1 token

I will be extremely transparent with you all.

The team’s token is completely locked by Kucoin and impossible for us to sell it off.

That is a strategy we implement to keep all investors relaxed

to add to this, we also did the poolX campaign to make combo even more decentralized

If you visit our contract address on etherscan, you’ll notice how many wallets are in there

We are truly decentralized at such an early stage

done

HoĂ ng PhĂșc|No PM first: Do you have anything left to say to our community at the end?

Jack — Combo token advisory team: yes, definitely.

HoĂ ng PhĂșc|No PM first: Good

Jack — Combo token advisory team: I am extremely happy with this AMA session! It’s already been almost 1 hour and 40 minutes and I feel like I want to stay here for another hour and answer more questions!

HoĂ ng PhĂșc|No PM first: You say it here

Jack — Combo token advisory team: Unfortunately and fortunately! I’m a very busy man and have to get back to business to plan Combo’s future!

Thank you so much for having me here guys!

it was a good one!

HoĂ ng PhĂșc|No PM first: Thank you for joining our ama this time!

Jack — Combo token advisory team: please make sure to share our communities link once this over!

Give them a chance to join us!

HoĂ ng PhĂșc|No PM first: Please post it I will pin it in our community

Jack — Combo token advisory team: will do

Feel Free To Join Our Local Community!
Bangladesh đŸ‡§đŸ‡© : @ComboBangladesh
Vietnam đŸ‡»đŸ‡ł : @combovietnam
Indonesia đŸ‡źđŸ‡© : @Combo6688_ID
Turkey đŸ‡čđŸ‡· : @ComboTurkish
India 🇼🇳 : @comboindia
Persian đŸ‡źđŸ‡· đŸ‡ŠđŸ‡« : @ComboPersian

HoĂ ng PhĂșc|No PM first: Thanks you

Jack — Combo token advisory team:

HoĂ ng PhĂșc|No PM first: Feel Free To Join Our Local Community!
Bangladesh đŸ‡§đŸ‡© : @ComboBangladesh
Vietnam đŸ‡»đŸ‡ł : @combovietnam
Indonesia đŸ‡źđŸ‡© : @Combo6688_ID
Turkey đŸ‡čđŸ‡· : @ComboTurkish
India 🇼🇳 : @comboindia
Persian đŸ‡źđŸ‡· đŸ‡ŠđŸ‡« : @ComboPersian

Global: https://t.me/Combo6688

Time has been too long, it is time we need the group to work normally @JackComboOfficial

Jack — Combo token advisory team: ok!

HoĂ ng PhĂșc|No PM first: See you again

Jack — Combo token advisory team: Bye for now!

HoĂ ng PhĂșc|No PM first: good bye

So the AMA Combo at MB BC BLOCKCHAIN (MBBC) is also coming to an end. Hopefully in this direct exchange, the community has a basic understanding of the Combo project.

Thanks @JackComboOfficial for joining AMA with the MB BC Community today. Wish you much health and success.

Again, don’t forget to join the Combo Community for further assistance. Thanks everyone.

Feel Free To Join Our Local Community!
Bangladesh đŸ‡§đŸ‡© : @ComboBangladesh
Vietnam đŸ‡»đŸ‡ł : @combovietnam
Indonesia đŸ‡źđŸ‡© : @Combo6688_ID
Turkey đŸ‡čđŸ‡· : @ComboTurkish
India 🇼🇳 : @comboindia
Persian đŸ‡źđŸ‡· đŸ‡ŠđŸ‡« : @ComboPersian
Global: https://t.me/Combo6688

3. Theo dÔi Twitter
https://twitter.com/deficombo

4.Website: COMBO

MB BC BLOCKCHAIN Community Information:

Group telegram: https://t.me/Mbbcblockchaincrews

Channel telegram: https://t.me/MBBCBLOCKCHAINCHANNEL

Twitter: https://twitter.com/mbbcblockchain

Medium: https://medium.com/@mbbcblockchaincommunity

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