đŁMB Blockchain community vn AMA with Combo
MBBCBLOCKCHAIN ââcommunity is hosting AMA with COMBO https://t.me/Combo6688
Time đAMA: 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 đđ @JackComboOfficial
Jack â 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? đ
Jack â Combo token advisory team: Yes definitely! I bet many of you still donât know me. So letâs get started with self intro
HoĂ ng PhĂșc|No PM first: Would you please introduce yourself and the project?
Jack â 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 Comboâs liquidity mining.
However before we do that, letâs 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 youâve got a lot of experience with cryptocurrencies
Jack â 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, letâs get to the next question!
Jack â Combo token advisory team: Canât 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 â 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 Comboâs 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 tokenâs 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 Comboâs 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 Comboâs first partner exchange?
Jack â 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 youâve ever wondered where the name Kucoin comes from, hereâs your answer.
âKuâ in Chinese means global or in other word âone thatâs for the peopleâ.
Kucoin has proven again and again that their clients come first.
Even one of the biggest hacking events couldnât stop Kucoin from doing what it has to do and thereâs a reason why they are ranked top 10 on CMC.
To answer your question in brief, I would say transparency â Connections â Power â Professionalism. TCPP is the perfect combination for top level companies in todayâs world and Kucoin ranks high.
Done
HoĂ ng PhĂșc|No PM first: Can you briefly introduction Comboâs liquidty mining?
Jack â Combo token advisory team: Definitely. Itâs 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 Iâm 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 Ă 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=100Ă10=1000
Aliceâs liquidity mining pool share: 1000/2000Ă100%=50%
Bob liquidity mining staking token parameter=200Ă5=1000
Bobâs liquidity mining pool share: 1000/2000Ă100%=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
Itâs so cool because of it that our community already knows a lot about it
Letâs move on to the next question!
When does Combo expect to open liquity mining?
Jack â 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 â Combo token advisory team: Well, yes. That is what weâre 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 28â29
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 â Combo token advisory team: Weâre all fired up for this moment
Go ahead!
HoĂ ng PhĂșc|No PM first: How long will this liquidty mining last?
Jack â 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 â 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 â Combo token advisory team: Everyone asks about listings donât 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?
Iâm so eager to show you all how Comboâs liquidity mining platform will look
HoĂ ng PhĂșc|No PM first: of course
Do it now
Jack â Combo token advisory team: yes
letâs do that
Dear community, this is how Comboâs liquidity mining platform will look
You will be finding this on our website on october 28â29
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 âlayer 1â friend invites 10 people, you will also be getting 5% of their profit
What do you think about Comboâs liquidity mining my friend?
đđ
HoĂ ng PhĂșc|No PM first: Very good
Amazing, Comboâs mining platform is great. I hope Combo will grow stronger now
Jack â 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 â 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 â Combo token advisory team: Nice question @linhmiuxinhgai
The crypto market is huge. It still hasnât reached Goldâs 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
Itâs like the perfect couple to take on the DeFi world.
Kuchain is robust. It is faster than flash
You wouldnât 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
Letâs 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 â Combo token advisory team: My answer will really be a replicate of that of @linhmiuxinhgai
Combo has passed each and every test on Kucoinâs 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 wouldnât 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 â Combo token advisory team: letâs 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 ââaddââ and ââremoveââ Liquidity Token Sale process? @LouKuChain @Combotokenadvisor (@trinhcrypto1997)
Jack â Combo token advisory team: @huyenoanhpham1998 You must have mistakenly mentioned Lou :p
Is she here with us today?
đ
HoĂ ng PhĂșc|No PM first: She is quite careless, sorry
Jack â 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 â 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 â Combo token advisory team: Our tokenâs advantage is our connections
Our tokenâs 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 canât 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 understandđđ
Jack â 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 $COMBO long term? (@@napkengfa)
Jack â Combo token advisory team: Iâve seen this exact same question in another AMA session.
Itâs repetitive
but I can answer that if itâs ok
Short term goals are for poor people. I will be blunt with it and throw it right in your faces shorters đ
I reiterate how important it is for you to understand that when a project is successful from the start line, you never know where the price will rest
Just look at chainlink
just look at the bitcoin price
You can even take Amazon shares as an example.
long term is the real goal for investors.
Patience pays off
done
HoĂ ng PhĂșc|No PM first: good
We start with the last sentence of phase 2
5. One of the ways to promote the project and attract users is to create local #COMBO communities around the world. Does #COMBO have any plans for this In 2020, will #COMBO promote Marketing? Because MARKETING is the source of almost every project?(@anhdungsenpai)
Jack â Combo token advisory team: nice question @Anhdungsenpai
We are already doing that. Weâve got more than 5 local communities already and that number is growing
Let me share the links
if thatâs ok @NgoHoangPhuc
HoĂ ng PhĂșc|No PM first: of course
You should do it
Jack â Combo token advisory team: Just a moment
Bangladesh đ§đ© : https://t.me/ComboBangladesh
Vietnam đ»đł : https://t.me/combovietnam
Indonesia đźđ© : https://t.me/Combo6688_ID
Turkey đčđ· : https://t.me/ComboTurkish
India đźđł : https://t.me/comboindia
Persian đźđ· đŠđ« : https://t.me/ComboPersian
You can also join our official Combo community here.
So yes, we allocate our budget carefully to meet the most important goal of Comboâs future
Thatâs the community. We are nothing without our community
done
HoĂ ng PhĂșc|No PM first: Great finished 5th question, I am looking forward to stage 3, are you ready @JackComboOfficial?
Jack â Combo token advisory team: Definitely
Part 3: Free â ask: 5 best telegram questions about Combo ($ 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.
Letâs get started together!
3
2
1
Now!
Jack â Combo token advisory team: go!
HoĂ ng PhĂșc|No PM first: Stop it! has too many questions i think itâs over 10k messages, haha
Now itâs your turn! @JackComboOfficial
Jack â Combo token advisory team: Holy cow!
HoĂ ng PhĂșc|No PM first: Seems a bit difficult
Jack â Combo token advisory team: Thatâs crazy amount of questions!
Gonna have to spend a day to go over them đ
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 â Combo token advisory team: done
HoĂ ng PhĂșc|No PM first: Letâs continue looking!
Jack â Combo token advisory team: @Chatzua â The $ COMB pre-sale is yet to begin, but what will the tokenâs 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! Thatâs already done and we even reached hard cap
Today, Iâm here to introduce Comboâs liquidity mining.
done
HoĂ ng PhĂșc|No PM first: Congratulations @Chatzua on winning the next question !!
Jack â Combo token advisory team: @Lferas â 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!
đđ
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 3â4⊠projects on Kuchain
Just imagine how big that is and let that sink in slowly
@Chatzua â 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 thatâs 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 â 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 â 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 â Combo token advisory team: so thatâs 5 right?
HoĂ ng PhĂșc|No PM first: No
We are only on the 4th question
Jack â Combo token advisory team: ok letâs get one more
Iâll be careful with this one đ€©
HoĂ ng PhĂșc|No PM first: Please choose the last one !!
Sorry @JackComboOfficial
I mistook this was question 5
Jack â Combo token advisory team: @Luvfae â Recently Kucoinâs 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. Letâs imagine (hope that it will not occur in the future) that some of the #COMBO tokens get in the hackersâ hands. So, the question is how Dapper labs would react to this issue or should it be resolved by governance?
Yes, that is question Iâd like to ask those so called âdecentralizedâ projects đ
oh ok
HoĂ ng PhĂșc|No PM first: Sorry
Jack â Combo token advisory team: So I picked one more
Should I answer it?
HoĂ ng PhĂșc|No PM first: of course
Jack â Combo token advisory team: @Luvfae â Recently Kucoinâs 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. Letâs imagine (hope that it will not occur in the future) that some of the #COMBO tokens get in the hackersâ 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 doesnât even hold 1 token
I will be extremely transparent with you all.
The teamâs 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, youâll 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 â Combo token advisory team: yes, definitely.
HoĂ ng PhĂșc|No PM first: Good
Jack â Combo token advisory team: I am extremely happy with this AMA session! Itâs 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 â Combo token advisory team: Unfortunately and fortunately! Iâm a very busy man and have to get back to business to plan Comboâs 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 â 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 â Combo token advisory team: will do
Feel Free To Join Our Local Community!
Bangladesh đ§đ© : @ComboBangladesh
Vietnam đ»đł : @combovietnam
Indonesia đźđ© : @Combo6688_ID
Turkey đčđ· : @ComboTurkish
India đźđł : @comboindia
Persian đźđ· đŠđ« : @ComboPersian
HoĂ ng PhĂșc|No PM first: Thanks you
Jack â Combo token advisory team:
HoĂ ng PhĂșc|No PM first: Feel Free To Join Our Local Community!
Bangladesh đ§đ© : @ComboBangladesh
Vietnam đ»đł : @combovietnam
Indonesia đźđ© : @Combo6688_ID
Turkey đčđ· : @ComboTurkish
India đźđł : @comboindia
Persian đźđ· đŠđ« : @ComboPersian
Global: https://t.me/Combo6688
Time has been too long, it is time we need the group to work normally @JackComboOfficial
Jack â Combo token advisory team: ok!
HoĂ ng PhĂșc|No PM first: See you again
Jack â 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, donât forget to join the Combo Community for further assistance. Thanks everyone.
Feel Free To Join Our Local Community!
Bangladesh đ§đ© : @ComboBangladesh
Vietnam đ»đł : @combovietnam
Indonesia đźđ© : @Combo6688_ID
Turkey đčđ· : @ComboTurkish
India đźđł : @comboindia
Persian đźđ· đŠđ« : @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
: