AMA RECAP
CRYPTO CASTLE × DOGEMOTHER
Venue : @CryptoCastle_Club
Date : 5 th July, 2021
Time : 3 : 00 PM UTC
Guest : CousinDoge ( Marketing )
CousinDoge gave us a well detailed insight into the Project and also about the Unique features of DOGEMOTHER…
SEGMENT 1️⃣ - INTRODUCTION
Hello & welcome everyone to today’s AMA session with DOGEMOTHER.
Let’s welcome our special guest @cousindoge123 from the DOGEMOTHER team.
CousinDoge ( DOGEMOTHER )
hi everyone, thanks for having me!
Q1) Can you tell us a bit about DOGEMOTHER and the story behind it’s creation...?
CousinDoge ( DOGEMOTHER )
Well, we have seen so many different rising doge coins with high risks but also promising rewards. We wished to participate in all of them but somehow reduce the risks and save some time. Many people want a certain Dogecoin but can’t time the proper entry, decide which of the many coins, or do not have time to research the newest coin.
After lengthy discussions, the best possible conclusion blew straight up in our minds. Find an origin place and bundle all the different sweet baby doges to one "mother holder.". To give birth to a variety of coins and distribute them regularly between all participants.
This was the birth of our concept and how we decided to move forward with this project.
Q2) How does the Antiwhale feature work...
Can you Elaborate...??
CousinDoge ( DOGEMOTHER )
So i feel like this might be one of the most important features of our token.
The antiwhale feature limits the wallet size to 2.5% (whitelist 0.5%).
Additionally we have a Smart Liquidity injection feature, that allows us to start with a very low liquidity and build up LP fast.
To ensure the price doesn’t dump during low LP times, our Token has a dump Protection that only allows to sell 0.05% of the supply with 2 hour cooldown.This anti-Dump feature automatically gets turned off as soon the liquidity is injected, this will ensure high Volume that will generate a lot of rewards for our holders.
Q3) Where can we currently buy DMOTHER from...?
What are your future listing plans...??
CousinDoge ( DOGEMOTHER )
We will list on pancakeswap on monday 8 PM UTC.
In the future we will explore different CEX listing and are working on bridges to different DEX on different blockchains, so we become easily accessible to anyone.
Q4) Can you share us the Tokenomics of DMOTHER...??
CousinDoge ( DOGEMOTHER )
Our tokenomics are as follows:
LIQUIDITY:
850.000.000.000 Token
85%LP INJECTION:
100.000.000.000 Token
10%MARKETING:
50.000.000.000 Token
5%TAX
Variable tax rate capped at 20%, starting at 20% for both buy and sell. Will be lowered to 10% buy 20% sell after an hour. The tax is used for Liquidity, burn, Rewards and marketing.Of course this does not really do our unique contract justice completely, for this i would like to ask you to check our tg for more details and in-depth info!
Q5) What are some of the features of DMOTHER and could you share with us some of the future plans...??
CousinDoge ( DOGEMOTHER )
The thing that makes us stand out from the ever growing crowd of dogecoins is of course our give_birth function. Every couple of days new dogecoins will be claimable through our dApp, depending on which coin the community votes for of course. This will make this a long lasting project, adapting to market conditions and adding new players that are successful, pushing both our project and their project as well.
Future plans that are in the early planning stage now are either a DEX or Launchpad specifically for dogecoins and forks. In our opinion there would be huge demand for this and with the recent surge in dogecoinforks we would definitely attract a lot of new investors through this!
SEGMENT 2️⃣ - TWITTER QUESTIONS
Q1) From @elegant431
What is give birth function?
How can investors gain multiply the gains by the give birth function?
CousinDoge ( DOGEMOTHER )
First questions straight up hits the most important feature of our coin.
Basically this function rewards holders by letting them claim other dogecoins and tokens, which coins will be claimable will be decided by community vote.
Through our special contract we will generate loads of volume and therefore huge rewards over time, encouraging holding on to your position and not selling. We are certain that this will of course attract investors from claimable coins as they see this feature which has never been done before. Obviously with more and more awareness in other big dogecoin communities this project will perform really well long term.
We will just do polls in our telegram group
and then the most active members will choose the further course of action and which tokens will be claimable.
Q2) From @PKragak
What are the highlights of DogeMother’s technology and products that you believe will help you succeed? How revenue does DogeMother generate to sustain the project, and what plans do you have to attract more users in the future?
CousinDoge ( DOGEMOTHER )
DogeMother conbines a few strategies to make it a unique token. Some i have already covered in the other questions but basically:
We aim to provide investors with passive income in form of cute dog token.
Dog themed token and coins are a multi billion$ business, and we aim to connect them all with DogeMother.Revenue will be generated mainly through the staking function.
A share goes back to us and is used for marketing and developement. This in turn of course will increase rewards for holders as the community grows and more volume is generated.
Q3) From @madmax431
The question is primarily focused on mitigating concerns over the few, but exceptionally large, ‘whale wallets’ that currently hold . Is there any way to counter that lopsided reality or to level the playing field for new investors?
CousinDoge ( DOGEMOTHER )
With our unique tokenomics that include a max hold of 2,5% and a sell lock in the beginning that decreases over time, we are one of the most "whale proof" coins ever made. Also, the large liquidity injection at launch will ensure a smooth price structure.
The last measure against whale dumping would be the sell cooldown of 2 hours. This will discourage consecutive big sells and therefore also provide easier dip buying and enable a more steady growth.
Q4) From @Nishadpp07
Real life Adoption is one of the important factor that all sustainable blockchain projects should focus to be more attractive in the investors’ eyes. What your token has done and plans to do to achieve real world usage adoption,?
CousinDoge ( DOGEMOTHER )
As for future use of our coin we are already in the talks with big dogecoins to partner up with us, to either make their coins claimable through our dApp or just work together for marketing purposes. Some ideas we have right now regarding long term goals would be either a launchpad or a DEX specifically focused on dogecoins and forks, which, considering the recent hype and growth of this sector would definitely make sense and fill a market niche with great investor demand.
We feel this could really be a huge factor in our growth as the potential with this hype recently is almost endless
Q5) From @luckyjem02
Marketing is a central element for every project, so that everyone knows the potential that a project can bring is vital to achieve the goals set. What is your strategy to attract new users and Investor to Your platform and keep them long term?
CousinDoge ( DOGEMOTHER )
We managed to grow our telegram group this fast by using all marketing tools available to us which also showed us what has an impact and what does not. Our sweepwidget campaign surely attracted a lot of new investors and also encouraged the community to work with us, so we might go for giveaways/airdrops for especially hard working individuals.
Right now there is a shilling competition where 10 whitelist spots are on the line for example. Other than that we will of course use the marketing funds generated for promotional purposes and aim for fast listings on CG/CMC. Some of our marketing managers have personal connections to big influencers and sizeable telegram communities, so this possibility will also be explored of course!
SEGMENT 3️⃣ - LIVE Q & A
Q1) From @millu112
How can we trust your team? what is the experience and credibility of the team working behind the Project?🔶Q) Do you have any plans to add Nft’s to your ecosystem as this is the hottest topic in the crypto space?
CousinDoge ( DOGEMOTHER )
We have an experienced solidity dev and a very talented marketing team, if you are really interested we can show you some of our recents projects which are all still ongoing, feel free to hit up any admin in our TG. We want to be as transparent as possible regarding any safety questions and make sure the trust of our investors in the team is high!
NFTs of course would be a great addition to our ecosystem, we will definitely make use of this tech and provide a space for unique dogecoin NFTs in the future. This is in our top 3 of high priority goals for the future!
Q2) From @Steffiiigray5
Most of the questions during the crowd-hosted AMA Series were centered on your products and services, I would like to ask what do you expect from community members and how can we help your project??
CousinDoge ( DOGEMOTHER )
Like discussed in some of the questions we will provide many opportunities for the community to help us out with our growth. The community needs the team and the team needs the community to ensure steady growth and a safe future of this project, so competitions where airdrops or special
NFTs can be earned are in our pipeline for sure! We will of course keep the community updated about recent progress in our telegram channel! (:
Q3) From @Loversss10
Too many projects promise magic but never release any working product or prove any revenue, Within a short/long time of release. Is your project also like this? If not can u tell us, what makes your project different from projects ?
CousinDoge ( DOGEMOTHER )
We saw many projects that displayed exactly what you just described, empty promises and not delivering. We want to be different, if you look at our past project we have proven time and time again that we work hard on our projects and fulfill promises made to the community.
The first proof of that will be the dApp that will be finished before launch to make claiming as comfortable and safe as possible. No navigating around contracts and complicated structures but a clean UI to claim all future dogetokens at one place!
Q4) From @Arnavx5
Usually, meme coins are just launched for the short term. So did you launch DogeMother for the Long term vision?
CousinDoge ( DOGEMOTHER )
Yes, i totally agree with the notion that most memecoins are short term pump and dumps, that is why we specifically decided against a copied or "forked" contract of any kind and wrote our own, with all those sweet and special features perfectly fitted to our needs.
Considering the amount of work we put into this project already we are not planning on playing the short term game with this launch, we want steady and organic growth and every new dogecoin that launches and grows a big community and hype will definitely support this vision! (:
Q5) From @Lucychan123
How do you plan to spread awareness about your project in different countries where English is not good? Do you plan to develop many different communities such as Vietnam, Indonesia, Korea, ... about your project so that they can easily communicate and understand your project?
CousinDoge ( DOGEMOTHER )
For this, we have already created multiple subchannels on reddit with handpicked moderators of the most popular languages in our main telegram. We want everyone to be as comfortable as possible when talking to each other and to remove language issues these subchannels are very necessary.
Also we have been working with influencers and big crypto channels in the chinese community as this is an ever growing investorgroup that we want in our project as well! If there are any wished or needs for other subchannels or support regarding language barriers feel free to contact any admin on our tg! (:
Thanks again for hosting this ama and congrats on this huge and well informed community you built! Fingers are smoking from all this typing but i had a real blast answering all these (:
Cheers everyone and i hope i can welcome you soon in one of our telegram channels! (:
