Gmak came into our channel to ask the tough questions.. And a get a reveal out of us!!

feature-image

Play all audios:

Loading...

GMAK Hey everyone lets begin shall we? Okay so a lot of people don’t know much about this project or have already invested and been here a while. So maybe lets start with an introduction.


What are you guys trying to do? FRASER Great start, and investing is an interesting word to use because we launched via free airdrop but, of course people are trading now for sure so … Its


the right question But I love to tweak it to what do you believe? We believe that a strong project should be able to launch funded by thousands of small investors worldwide rather than VCs


This is one of the paradigm shifts that blockchain can give us. Not many are chasing it. But Paul and I have been working towards this for several years now. GMAK Great answer — let's


give more power to the people 🙂 Awesome, and yes the fair launch via airdrop not only got many interested but probably one of the most profitable ones we’ve seen listed on uniswap as of


late. Which bring me to my next question, why list on Uniswap? FRASER Yeah there are more and more choices. good question. About a year into the process of trying to solve decentralized


curation with an Ethereum dApp (this is needed for project selection), I noticed Buterin reference Uniswap living in ZK rollups (side chain to reduce gas costs) in the future. So, at this


time we started to integrate the curation market (which has is working on test network by the way and most of the code is open source via our website) with an ICO contract that integrated


with a Uniswap market. We finished this some months back and there is a demo video actually on our website. Uniswap was the dominant player then. And still is. But we are looking at all


developments e.g. mooniswap etc. all the time GMAK Okay great, so where is the project headed in the short term? FRASER Well, first off how did we arrive here tonight? We only decided that


launching without any ICO whatsoever would be viable after we saw what happened with $meme. Now we see that in its purest form a project could launch via airdrop alone if, and this is a


sizeable “if” a large enough, incentivised community of liquidity providers could be coordinated. Building this community is what we have set out to do with degen.vc. And thanks for your


help too in coming here and asking questions Oh, one other thing. In terms of where we are headed. We are building what I think will be a strong alternative to Balancers token issuance


solution which is a token sale contract that interacts with a Uniswap throughout the course of the sale. This does two things: 1. It ensures that all tokens are sold 2. It creates an AMM


market immediately We are actually watching some launches now (cow finance is an example) kind of making this up as they go along. Actually, we were on this six months ago and now will


finish all of this in a few weeks. Fully integrated — from curation through to AMM GMAK Sounds good! Ok so what we also really want to know is how can you promise people won’t invest in


projects that will end up as a rug pull? FRASER Bang on, two part answer 1. Knowing that participants are incentivised long term helps so, if the airdrop participants are DGVC holders by


wrecking projects they would wreck value they hold 2. If we do a pure Uniswap launch with a project we will make sure all their tokens are unicrypt and the rest, of course, are distributed


via our airdropper to our degen horde. This really mitigates rug pull potential GMAK OK, lighter question. But the big question. What token are you airdropping first? FRASER Drum roll … ? WE


ARE DROPPING HOT TOKEN — 10M TOKENS!! GMAK Awesome! What do people have to do to qualify for this and other airdrops in the future? FRASER Let me break that down in case there are people


new to Uniswap watching. 1. Buy DGVC tokens on Uniswap 2. Pool these tokens on Uniswap. You can find all the links on our website degen.vc and if people need more help the community here is


super helpful. FRASER thanks @gMAK_88 been great to have your advice and support so far GMAK Really good stuff, thanks @fraserbrown_org for your time! Looks like good things are coming for


degen vc holders 🙂 PAUL Thanks to @gMAK_88 for a tough session Amazing to have such a degen legend grill us this hard!