👉Part 1 : Basic Introduction of BLOCKBANK and Guests Darren Franceschini is COO , Rico Pang is CIO and Anastasija Plotnikova is CLO of BLOCKBANK
👉Part 2: Guests Darren Franceschini is COO , Rico Pang is CIO and Anastasija Plotnikova is CLO of BLOCKBANK will answer community questions.
👉Part 3: All members can ask anything directly about BLOCKBANK
Mr Bụt
Hello everyone , Dear community, VIC GROUP will host an AMA with BLOCKBANK team
The group will be Muted now for AMA to start !!!!
Are you ready @Anastasija_Plotnikova @Darrenfranceschini ?
Darren BlockBank Offical
YUP!
Kelghe Dcruz CEO @BlockBank
Hery hey All!
Darren BlockBank Offical,
The CEO @kelghe is here too!
Gabriel 🇦🇺
We have a surprise visitor!
Mr Bụt
ok :D AMA START!!!!!!!!
Welcome guests from BlockBank team
Darren BlockBank Offical
Thank you
Anastasija Plotnikova
Super ready!!!!
Mr Bụt
Our AMA consists of 3 parts :
👉Part 1 : Basic Introduction of BLOCKBANK and Guests Darren Franceschini is COO , Rico Pang is CIO and Anastasija Plotnikova is CLO of BLOCKBANK
👉Part 2: Guests Darren Franceschini is COO , Rico Pang is CIO and Anastasija Plotnikova is CLO of BLOCKBANK will answer community questions.(here)
👉Part 3: All members can ask anything directly about BLOCKBANK
And now we’re going to start with Part I
👉Part 1 : Basic Introduction of BLOCKBANK and Guests Darren Franceschini is COO , Rico Pang is CIO and Anastasija Plotnikova is CLO of BLOCKBANK
@Darrenfranceschini @kelghe @Anastasija_Plotnikova :D
Darren BlockBank Offical
Hello, I’m Darren Co-Founder and COO of Blockbank.
From 2011 to 2017 — I have worked with over 100 Cryptocurrencies, ICO’s and start-ups focusing on their market strategy, branding and technical applications — and have consulted on many large-scale projects including major crypto exchanges, and bitcoin ATM companies facilitating their distribution and monetization model.
Fortunately, I have had the amazing opportunity to travel the world and speak at some of the largest blockchain conferences, educating on my vast knowledge and experiences in cryptocurrency and blockchain technology.
I have been mentioned and asked to provide insight to many prestigious media outlets including Bloomberg. I also hold various copyrights and trademarks in relation to cryptocurrency and blockchain terms in Canada.
Anastasija Plotnikova
Hello amazing people! I am Anastasija, Co-Founder and Chief Legal Officer of BlockBank. I
Was COO of a Canadian blockhain company, where we have implemented track&trace solutions for medial cannabis. I was part of the original ETHLend/AAVE team, where I was very happy to work with Nolvia, our CMO.
Consulted multiple companies on crypto regulations and efficient implementation. I know very well that legal is not the topic people are getting super excited by my job is to make it “all happen”, ensuring that users are safe, protected and company can achieve everything that we say we will do.
Kelghe Dcruz CEO @BlockBank
Hey Hey,
Kelghe here, been in this space since 2013 and saw a massive requirement for simplicity and unbiassed advice. :) so we started BlockBank
Mr Bụt
Wow, pretty interesting introductions came from our guests
What is BlockBank @kelghe ?
Kelghe Dcruz CEO @BlockBank
BlockBank is comprised of 4 main components, a centralized custodial wallet, a defi web 3 wallet, banking and true AI (Robo Advisory). The custodial wallet will serve many different purposes (staking, storing assets, trading through apis into cex, insuring assets, borrowing, fiat on and off ramp, off chain / on chain solution) also has aml kyc. The DeFI side of things will be a non-custodial wallet with a web 3 browser, multi asset chain support (BSC, HECO, etc) Staking in defi. The banking side will allow the users to have a fully active bank account, credit debit cards, etc consider any neo bank as a reference point. The Robo Advisor will serve as an overall financial advisor for the entire account, we have partnered with an AI company in Silicon Valley who has patented AI tech and is already being used in fortune 100 companies in the USA. We have the exclusivity for crypto and blockchain. This will be an evolving robo advisory starting as an informational resource moving all the way to fully autonomous trading, farming etc.
Mr Bụt
Thanks for a brief introduction about the project
We’ll continue with Part II, the questions selected from the form
👉Part 2: Guests Darren Franceschini is COO , Rico Pang is CIO and Anastasija Plotnikova is CLO of BLOCKBANK will answer community questions from to form
First Question : What are the benefits of using the Blockbank application? How is the security on Blockbank block solved and for users who need KYC to use the service?
Darren BlockBank Offical
I think this was summed up in the first question we answered on what is Blockbank! 🙂
Our users can enjoy a simple and convenient non-custodial wallet with a credit top up function and multiple gift cards to cash out. The latter function is heavily used by our users in countries with many restrictions on the use of crypto. Currently, we have around 25k users and $100M TVL.
We launched the Beta version in late 2019. Recently, we announced the release of Web3 integration update of our non-custodial wallet that opens up the world of DeFi through a web3 portal, enabling users to interact with dApps right from the application in a very simplified manner.
BlockBank is bridging DeFi, CeFi and banking, and adding AI technology. This is revolutionary in so many ways. The ability for our users to overlay DeFi, CeFi and banking functionality with cutting-edge AI technology will provide them advanced value-added services.
In terms of security, this is something that we take very seriously, we have an experienced internal team who is working around the clock on this to make sure all security measures are being implemented. Code will be audited by a third party before the deployment (Zokyo or Certik). Additionally, our AI, which is in the testing process now, will be constantly monitoring the smart contracts for potential vulnerabilities.
We are not discriminating our users — they can continue using pure DeFi services without KYC/AML via our web3 browser and non-custodial wallet. DeFi market share is growing, innovation is blossoming and we support DeFi values, we planned partnerships with other DeFi projects to provide valuable sets of tools such as decentralized insurance, lending and other services to all users.
Mr Bụt
Thank you for the response. We will continue with question 2 : How will BlockBank simplify the usage of crypto for mass adoption? What is the mission and vision of BlockBank?
Anastasija Plotnikova
Seamless experience is key for massive adoption. One of the biggest barriers for widespread crypto adoption is that it’s never been that simple. Users who might be interested are quickly turned off with the level of complexity. BlockBank aims to integrate the best of the DeFi and CeFi worlds while keeping it simple for the average user. Our app will bridge both of these worlds and everything will happen in the back-end.
Our application was launched back in 2019 and now we are coming back with all the feedback collected from our early adopters. We are removing pain points and unnecessary complexities, creating an all-in-one application that will offer better UX and UI. Making it simple, and coupling it with our AI, will only give our users the upper hand.
BlockBank is on a mission to offer AI-powered, traditional mobile banking experience with seamless crypto integration. We aim to combine the best of the DeFi and CeFi worlds in one place, incorporating AI technology to bring financial empowerment to clients in a very simplified manner.
BlockBank wants to simplify the user experience without compromising compliance, security, privacy, or decentralization. The complex nature of DeFi platforms requires elegant trade execution and earning strategies to avoid high gas costs and slow speeds. We optimize multi-step DeFi purchasing processes and add a powerful AI assistant to guide our users to make intelligent and informed decisions. 🔥
Mr Bụt
Great answer comes from our guest go to question 3 : Security, scalability, data privacy are very important how do you handle these issues ?? How BlockBank will promote the management and circulation of tokens and to build a technical foundation to promote the BlockBank economy ?
Darren BlockBank Offical
Our goal is to remove the barriers between DeFi and banking. The DeFi economy and users are only growing and they need better options to use “traditional” banking if they choose to do so. This is why we are developing a technological solution that our DeFi users, after going through KYC/AML, will get access to all perks and benefits of banking features.
As it was mentioned before, security is something that we take very seriously and by adding DeFi we can offer financial services without compromising security and transparency.
By using the BANK token only to stake you can receive up to 20%. We are providing our staking users the incentive to stake their tokens with us and offer significant returns.
Being a BANK token holder unlocks many different features in the application as well (unlocking different levels of information from the robo advisor, exclusive offers, cash back on purchases using the card, insurance, 3rd party rewards, different banking tiers without having a monthly fee, and reduced fees). To receive up to an additional 10% APY in BANK users can stake other assets in our platform for specific periods of time — the longer they stake the more BANK bonus reward they can receive.
Mr Bụt
Too many incentives thanks to the answer from the guest, we will continue with question 4 : #DEFI a keyword is currently very hot and quite a lot of projects so will BLockBank support or have a plan to interact, expand with current and future #DEFI projects in general?
Kelghe Dcruz CEO @BlockBank
Absolutely, proof of that is our recent Web3 integration update of our non-custodial wallet and the strategic partnerships we have planned with other DeFi projects to provide valuable sets of tools such as decentralized insurance, lending and other services to all users. We understand the power of DeFi and the barriers, therefore we are supporting all these projects developing useful tools for users and looking to bring value to the space.
We will continue to explore collaborations with other projects that will bring more power to our application
Mr Bụt
Yes, we will continue with the last question : I want to have 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?
Anastasija Plotnikova
We do not comment on price and can not guarantee profits. What we can say is we already have a working product that is currently being used, we have exclusivity to out AI assistant’s patented technology puts the analytical power equivalent of hundreds of highly skilled financial analysts in the palm of our users, levelling the playing field between retail and institutional investors.
Our BANK token has been carefully designed to power the BlockBank platform and enable users to get access to our credit card rewards program, use our advanced AI assistant, increase their APY % and earn interest on their tokens by staking BANK in their non-custodial BlockBank cryptocurrency wallet. 🔥
Mr Bụt
Well thanks for the final answer and thank you for the questions from everyone. We will continue to Part III of the AMA
The group will be unmuted for everyone to ask questions
Question : How will BLOCKBANK generate profits / income to sustain and what is the revenue model? How will it benefit BLOCKBANK and your investors?
Simple we have many internal mechanism through banking, cefi, staking, lending and borrowing where we make small percentages on trasncation. This benefits users because we have buy backs on our token to continue to sustain a healthy reserve
Question: Trust and security is very important in any business , what makes investors , customer and users safe secure when working with your project?
We screen our Participants to see if they are a fit to the project, This is a 2 way relationship. This alone builds alot of trust. We are also here to support the community and have been doing so for the last 2 years :)
Question : Can you list 1–3 killer features of BLOCKBANK that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about?
AI, AI, AI actual patented AI technology being used by fortune 100 companies
AI, patented AI and more AI :) we have a working product and tech that is beinmg used in Fortune100 companies, and we cannot wait to bring it to all crypto users. Having this tech ready puts us miles ahead of competition
Question: Most of users are still not aware with Blockchain & its related projects ! So, How # Peri platform create awareness about their project with NON-CRYPTO users too?
We provide an actual bank account to start and our rob o advisor can help anyone even a complete newb 🙂
Question: How do you plan to spread awareness about your project in different countries where English is not spoken well? Do you have local communities for them to let them better understand about your project?
First step is to raising awareness through AMAs like this, and you guys have been amazing. We are working with our partners like Kyros ventures and VIC community to show our app (please download it!) get your feedback and provide all users globally a solid working solutions
Question : Are you planning to promote your project in countries / regions where English is not good? Do you have a local community for them to better understand your project??
That plan is already in action, we have Spanish, Mandarin & Vietnamese telegrams with more to come!
Question : What is the utility of your native token Peri ? Also what special features do you have or plan to implement that keeps you ahead of your competitors?
Many in app token features you can see the list in our whitepaper www.blockbank.ai
Question : Currently there are many scam projects in the community that make people afraid to invest. Can you tell me your platform is working well? What evidence shows us that?
Our 3 years record is a positive indicator that we are here for the long run :) our 35k userbase is another indicator.
Question: Adoption is a challenge for any blockchain project, especially in this sensitive period of the entire market when many blockchain projects die because only a few are using their platform. What is your team’s strategy and vision on this issue?
Simple, convinient application, no fees, great marketing campaigns and engaging with our dear communities
Question : Now, in the Peri have many impressive crypto project so what is your advantages over them to attract new investors and customers?
Banking, CEFI, DEFI and actual patented AI
Question: How secured is BLOCKBANK’s smart contracts code, did you ever audit it via any third party? What has been the biggest challenge you have faced in your project development?
Zokyo is auditing our code however since we are a platform project our smart contract is a basic erc 20 token
Question : Can you explain how is your Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team??
There are 400m tokens. — 30m will be unlocked from the IDO (IDO and Liquidity) rest are locked for a min of 2 months and then a 10% release monthly
Question : What is BLOCKBANK and transparency? What technology of Peri helps ensure fairness and transparency for users?
We are a platform specific project our transparency is giving you the private keys and allowing you to take your wallet with you
Question: hi @Anastasija_Plotnikova What’s the focus of the Peri now? Build and develop products, win customers and users or partnerships? Are there any plans to burn or block unsold $ Peri tokens? control flexibility, cost and security?
This is interesting, we will definetely have a look at it! Thanks for the suggestions
Question : What is your most ambitious goal of your project? We would appreciate it if you could share with us any Upcoming Updates?
To be the future of modern finance :) IDO is on the 28th, Version 2.0 of our app is underway and our AI tech is being trained :)
Question: Could you please provide some info about your Roadmap and how Peri is progressing so far?
Roadmap is great everything is on track and you can download our current app in google play or apple store now
Question : What are the plans to educate and raise awareness and adoption among the community to make more people understand about the project easily??
Videos, AMAs, we have info sessions within our groups as well. Constant engagement is a key to success. Well and a working products of course :)
Question: What problems is Peri to solve to make it easier for Crypto users? Please let us know how evolving the roadmap is right now. What will happen this year and in the f Plasm re?
We have our current app out now, we will have v2 out end of q3 2021
Question: While you build your project, do you take into account community feedbacks and demands??
Without community and you guys feedback we are nothing. Please try the app, participate in bug bounty and in our AI beta testing stages we will need as much feedback as possible
ABSOLUTELY this is 10000% needed to build a successfull platform
Question : During the 2020 I got scammed a few times, rugs, exit scams etc. — how can we investors be sure that this will not be similar, are BLOCKBANK contracts public & somewhere to be seen?
This is something that we take very seriously. Always ensure you are on the correct website, social media platform, especially telegram. There we provide the correct contract addresses and OFFICIAL ANNOUNCEMENTS. Please be careful and stay safe out there in the crypto world.
Question : I am a professional vulnerability finder on the web, do you think Your system is secure enough from hackers? Does your project have a program that rewards individual vulnerability detection of the system?
Our current app is a non custodial wallet and no one has access to your info. If there is a security risk, it will be limited to that phone only. We are always looking for white hackers to join us. Feel free to reach out to me
Question : How does Peri handle government regulations and boundaries? And what mechanisms / strategies do you use to keep users motivated and present on your platform? What can the Peri platform guarantee or promise in terms of the security and privacy of its users?
We either have licenses or licensed partners we are going to be regulated but we are prepared to be 🙂
Question: Marketing strategy is very important for every projects. A products be established on the market without marketing & promotion, whatever it is good. So what are your plans for this? How will you build strong relationships with communities?
Good exposure is driven by community and good marketing, we have a big network of influencers and media who are supporting us and want to tell the world about BlockBank.
Storm relationships with communities are built by always building products based on their feedbacks, listening as they will guide us on whats necessary and important, and always making sure they get benefits for supporting us. Our Bank economics have been carefully designed to benefit those who support us.
Question : What are the plans to educate and raise awareness and adoption among the community to make more people understand about the project easily?
Right now in our app we have a learn area to teach new people about cerypto and blockchain
Question : Does Peri TOKENS have any Coin Burn / BuyBack systems or any Token Burn plans to increase the value of tokens and attract investors to participate in investments?
No Burn, No Mint, Buyback yes
Question: A partnership is essential for Adoption, so can you tell us what partners you have now and in the future?
every investor and VC fund we have brough smth to the table — parnerships on banking, with other blockchain projects or certain licenses in jurisdictions globally. Stay tuned for more, we have so many things to share!
Question : As a community based project, how can I donate my quota for your success? Do you have a Global Ambassador Program or a Referral Rewards System??
We will announce more in this programs soon. For now you can tell your friends about it and you can ask your favorite influencers to do reviews about BlockBank
Question : What is the vision and mission of Peri ? What problems are you to solve? Do these problems remain unsolved with the existing public blockchains?
Giving you advice that is unbiased based on your personal robo advisor checking various sources and prioviding real time feedback
Question : 🎂What is the main use case of WTY and how can we sure that people will adopt into it? Further more does the price for holding on it, would people benefit to it?
Wether you want to have a bank account, buy or sell crypto, hold crypto and have it insured or ape into defi we will have you covered
Question: As crypto users we don’t want to lose our assets to some scam projects that run away and disappear with our money so why should we invest in the Peri as a long-term investment?
We have been in operations with a working app for over 2 years 🙂 We have over 40,000 users and have done nothing to lose any of their trust. You are SAFU with Bloclbank
Question : For the success of a project, investors, community and developers play a major role. What is Peri strategy to get them involved?
We have all of those already as we have been operating with. a working app for over 2 years however any people interested in pariticpating please DM me
Question : Currently most investors only care about profits at the moment but ignore the long-term benefits. So can you give them some advice why they should buy and hold this token/coin in the long term?
we advise all our users and contributors to see what we have achieved already: patented AI, 40k users and frequent feature updates. We have started this journey in 2018, never gave up self funded and continue to build and bring value to every user
Question : At first many new projects made a good impression but were suddenly abandoned. My question is, how will you manage the project and token to gain a place in the market and become a best token in the blockchain world?
Always look at the people behind it. As you can see everyone in our team has been involved in successful projects, among us there is advisors who have been helping big projects, giving a conferences and sharing knowledge. We are committed and competent and we understand the space.
Mr Bụt
Thank you to everyone who joined the AMA today and the guests from the BlockBank team
AMA END