Baby Whale
Today we will have AMA with ROYALE project — with 2 guests, Mr Giorgio Andrews-CEO and Mr Matt Armstrong-COO of ROYALE project.
Baby Whale
Group will mute for the AMA to take place
Gio
We have Avron Goss aswell our CSO
Baby Whale
We ama will consist of 3 parts:
👉 Part 1: Basic Introduction of ROYALE project, Mr Giorgio Andrews-CEO, Mr Matt Armstrong-COO and Mr Avron Goss-CSO of ROYALE project
👉Part 2: Guest Mr Giorgio Andrews-CEO, Mr Matt Armstrong-COO and Mr Avron Goss-CSO of ROYALE project will answer community questions on twitter.
👉Part 3: All members can ask anything directly about ROYALE project.
Baby Whale
And we’ll start with Part 1 now :
Baby Whale
Basic Introduction of ROYALE project, Mr Giorgio Andrews-CEO, Mr Matt Armstrong-COO and Mr Avron Goss-CSO of ROYALE project
Avron Goss
Hi, I am the CSO of Royale. I have 25 years experience in the iGaming industry and a few years in blockchain. I am passionate about Royale as it combines both.
Gio
Im Giorgio Andrews CEO and Co-founder of Royale, I have a background in payment sytems, and enabling financial infrastructure for companies in the Blockchain space and iGaming.
Matt A
Matt A here AKA Royale Wizard. DeFi enthusiast and innovative tech accelerator. Have helped build the foundation to launch Royale into the DeFi space.
Baby Whale
Thanks for the brief introduction I have more question: What are the products that you offer to the market? How will they be used by the community?
Matt A
Royale aims to drive continued adoption of iGaming products with a hybrid approach secured by blockchain technology, innovated by DeFi, and amplified by a community bound together by the ROYA governance token.
Gio
Think of the App as a Web 3.0 enabled platfrom that various participants in the network can use to co-ordinate their relationship with the $ROYA circular token economy.
Matt A
What is the Royale circular token economy you might ask?
Baby Whale
Thanks for all your answers. I think that’s a great introduction and it also ends part 1
we will continue with part 2
Guest Mr Giorgio Andrews-CEO, Mr Matt Armstrong-COO and Mr Avron Goss-CSO of Royale project will answer community questions on twitter
We’ll start with the first question:
The hot new term in crypto is “YIELD FARMING”. Why did this get so hot right now? Do you have a plan to develop the Yeild Farming system?
Matt A
Royale has a yield optimiser component to it which is used to keep any liquidity fluid within our network. I think its ‘hot’ right now because people are giving up hope on the banking system and DeFi/yield farming can be a great alternative for those who dare to enter the space. We are working on a curve pool optimiser strategy at the moment.
Baby Whale
we will continue with question 2:
What is the utility of $ROYA tokens ? What does determine the value/price for it, is there anything within your ecosystem that increases the demand for the $ROYA
Matt A
ROYA is a valueless governance token that simply exists as a coordinating mechanism between DeFi liquidity providers to the Royale optimised stable coin collateral pool, the applicants for that liquidity, and the governance of how to best use that pool to support iGaming innovation.
Matt A
Demand increase will be derived by our circular token economy and our buy back and make treasury sink. https://twitter.com/Royale_Finance/status/1335625844551798786?s=20
Baby Whale
Thanks for answer @RoyaleWizard
we will continue with question 3:
What are the advantages and best features that ROYALE have compaired to other gambling platforms?Can a trader/staker can make benefits from ROYALE rather than gamers?
Matt A
We are a liquidity provider for iGaming companies. We are not a gambling platform so to speak. Our Royale Kings and Queens can be the ‘house’ on our platform.
Baby Whale
we will continue with question 4 :
How is the ROYALE FINANCE Tokenomics allocation roadmap? How is the plan to sell next $ ROYA token of ROYALE FINANCE? Are staking and mining of $ ROYA included in the ROYALE FINANCE plan?
Matt A
Here is our token allocation tranches. We are currently oversubscribed for our last private placement round. But we are opening up our public round on Polkastarter on the 21st Dec. https://twitter.com/Royale_Finance/status/1338460254581952512?s=20
Here is our staking schedule note: the APY may be subject to change
We have not released our information about our liquidity mining programs yet, but keep tuned for us to announce this in our telegram. https://t.me/OfficialRoyaleFinance
Baby Whale
we will continue with last question :
Many investors hit and run in the sell and sell session after listing on the first exchange, How did your project prevent early investors from selling their tokens and what benefits you would give them?
Matt A
We have implemented a vesting schedule to ensure we have a steady emission schedule in place.
The longer you hold ROYA, the more rewards you earn. ;)
If people sell our token, that means more people can buy it. So we want some sell pressure to keep the ecosystem expanding in our circular token economy
Baby Whale
Thanks for your enthusiastic answers about ROYALE FINANCE. Let ROYALE FINANCE reach out to the world. We will always accompany with ROYALE FINANCE.
👉ROYALE project information:
🌐 Website: https://royale.finance/
🌐 Telegram community: https://t.me/RoyaleFinanceVN
🌐 Telegram Ann: https://t.me/royalefinancevietnam
🌐 Twitter: https://twitter.com/Royale_Finance