AMA with GAINS Associates

Welcome to the recap of our AMA with GAINS Associates !!

Our vibrant and enthusiastic community had a lot of questions to ask. To those who want to know quickly what GAINS Associates is about, we are sure this recap is gonna help you. So without further ado, continue reading

Introduction with GAINS Associates

Keymer:

Q1. Can you provide some details of the founding team of GAINS Associates ?

Alexandre Raffin | GAINS Associates:

My co-founder Lotfi and I both went to the same engineering school. We’ve known each other for years so we’re used to working together smoothly.

Lotfi has had several experiences in startups, including GoEuro and Auto1.

As for myself, before crypto, I was a professional League of Legends player, ranked 300 in Europe, participated in some tournaments, played in front of a few hundred people. It was a great experience!

I like sports, I often run, do calisthenics or climb.

We’ve been in crypto for 3years+ 24/7 so we know a lot of people and how most things work.

Keymer:

Q2. Can you tell us what exciting stuff is GAINS Associates gonna aquaint us with?

Alexandre Raffin | GAINS Associates:

We have a lot of exciting stuff coming.

First of all, we have 3 hot deals ready to be offered right after the launch. 1 of them that you won’t find anywhere at this moment because we fronted it a while ago 😉

We will also have exclusivity on 2 very solid projects that we’ll incubate. These will come in a few weeks.

Besides the deals, we will be working to bring more value to everyone and especially to our holders. A sleek platform to check your investments & portfolio, analytics, a newsletter and more are in the works.

Keymer:

Q3. In your pathway to achieve your goals what is the biggest hurdle you faced and what is the most significant milestone you achieved?

Alexandre Raffin | GAINS Associates:

We haven’t faced any major hurdle so far. There’s been a few issues here and there which are expected in this space that moves so fast. Some things are bound to break or bend.

I think the biggest hurdle is almost always yourself and doubt. I’m sure lots of people experienced that to some degree during the bear market. It’s important to stay strong and a tight community helps with that 😊

The most significant milestone would be the launch of the token itself. Seeing how so many people are willing to trust us with their money, this time for our own “project” was a great feeling, as well as a new responsibility.

It’s nice to take it in for a bit but it’s also “just” a step forward, a way to make better things, faster.

Keymer:

Q4. What is GAINS Associates plans for this year ?

Alexandre Raffin | GAINS Associates:

This year, we plan to:

— Keep on delivering great deals like we know how to do

— Start incubating a few projects — very excited for this

— Launch several key products to enhance the ecosystem for retailers

Keymer:

Perfect, from what I see Gains Associates has good relationships with other projects, I like that

Alexandre Raffin | GAINS Associates:

And regarding the deals, they’re pretty good, some people made these ahah

Keymer:

Ohh excellent, could you tell me briefly about them?

Alexandre Raffin | GAINS Associates:

Sure, let me send a pic from our deck

We also had Cellframe and LABS Group recently, they both did like 50x+

Community ask Questions by Twitter

Keymer:

1) I understand that GainsChat is a “communicator” group (where some activities such as AMAs and Promotions take place), but I would like to know what is the “behind the scenes” story in which the launch of the “GAINS” token was devised. How did it all begin?

Username: @Juan31SB

Alexandre Raffin | GAINS Associates:

Why we created GAINS is very simple, it was a need.

We invested personally in ICOs and used a few other pool groups but we didn’t feel comfortable doing so. It was very risky. So, we just decided to create our own to be able to sleep better at night, knowing we’d have custody of the funds compared to having to trust some random person.

And also, we knew that having our own community would allow us to meet great people which would push us to learn more and make better investment decisions by chatting and confronting ideas.

Keymer:

2) Could you tell me about the sponsors and associations with which Gains has a relationship? And what are the marketing and advertising strategies you use to successfully drive the development of your GAINS token?

Username: @Rarr0103

Alexandre Raffin | GAINS Associates:

We collaborate with lots of projects and other communities in the space. Working together and sharing information is key to progress. Even VCs share deals and talk a lot.

Regarding the marketing strategy, we want first to push quality content and then find ways to spread the word.

Keymer:

Do you have an approximate amount of the coninities and projects with which they share?

Alexandre Raffin | GAINS Associates:

Recently, we’ve done some learndrops, a term we coined to describe airdrops that force you to do some research and answer questions.

So far, we’ve had those for holders of DATA, OCEAN and KNC, quite reputable projects. More are interested to participate because every project wants people to know what they do.

Keymer:

3) Quizzes and AMAs are characteristic events of your group, do you plan to do more activities in which users can participate, learn and get benefits? besides this I would like to know, will Gain associates expand to the Spanish-speaking community?

Username: @Robert89944298

Alexandre Raffin | GAINS Associates:

A slight amelioration of the quizzes will go live very soon. People will also get the chance to participate in different events soon. We’ve been working on other products behind the scenes but can’t say more atm 🙈

And, yes, we already have language dedicated groups that you can join. For Spanish, here’s the link: https://t.me/joinchat/VJVLjVn9bC3uFUgT

Community ask question by Website

Keymer:

1) Website question.

Telegram Username: @Neverencryp

One of the main advantages of decentralized application is the ability to monetize what has been very difficult to do, how do you plan to help people gain from your decentralized app and what are all other benefits whan we use it

Alexandre Raffin | GAINS Associates:

When holding the GAINS token, you’ll get access to tiered groups depending on the amount you hold.

In these groups, you will find interesting discussions and private deals.

If we’re honest most of the public chats aren’t good. When there are too many people, it’s hard to follow what’s going on and the quality of discussion goes down. Hence, private groups are really important if you want to succeed in crypto.

Keymer:

I think that in addition to that, private groups provide more security between users and the project

Alexandre Raffin | GAINS Associates:

Totally :) it’s different, more cozy, you can speak more openly

Keymer:

2) Website question.

Telegram Username: @Dudeiebitch

I will like to know if your dapps work on the proof of work or the proof of stake mechanism and how consensus is established when using the dapps

Alexandre Raffin | GAINS Associates:

We’re not a dApp, so no PoW nor PoS. You can consider us a DAO — Decentralized Autonomous Organization, so voting might be implemented in the future, which is a kind of consensus algorithm in its own way.

Keymer:

3) Website question.

Telegram Username: @Wormz28

Finally you are now launching your own token for being in Crypto for 3yrs, so can you tell us some overview of your Tokenomics & it’s Use cases? Also what will be the special role of GAINS token in your platform and where & how we can purchase your tokens?

Alexandre Raffin | GAINS Associates:

Token metrics from our deck: https://www.gains-associates.com/deck.pdf

Use case of the token: getting access to groups with deals. The more tokens you hold, the higher the tier, the bigger and more exclusive the allocations

— GAINS Tiers —

🐳 Tier 1: GAINS Blue Whales — 200,000 GAINS required

🦈 Tier 2: GAINS Baby Sharks — 100,000 GAINS required

🐬 Tier 3: GAINS Sleek Dolphins — 30,000 GAINS required

🐟 Tier 4: GAINS Silver Fishes — 10,000 GAINS required

You can buy the token on Uniswap. We’ll be listing on April 6 at 5pm UTC

Telegram live Questions answered by GAINS Associates

Keymer:

Q1 from Britney Gaylord:

Smart contracts are susceptible to failure and many projects fall victim to this, costing users money and the project discrediting. How reliable and secure is your smart contract? Have you tested it through any of the parties?

Alexandre Raffin | GAINS Associates:

We have a simple ERC20 Smart Contract without any complicated feature. An experienced solidity dev has reviewed and found no flaw.

Audits can be good for complex Smart Contracts but for us it doesn’t make sense.

We’re also using multi sig wallets. We have taken security very seriously :)

Q2 from Alicia Feest:

Does GAINS S have any Coin Burn / BuyBack systems or any Token Burn plans to increase the value of tokens and attract investors to participate in investments?

Alexandre Raffin | GAINS Associates:

We have a unique buy back & burn model that shows our skin in the game.

Details are in the deck but essentially, we always invest in the deals we offer personally and we will also invest half the fees in said deals. The profits will be used to buy back and burn GAINS.

We will also buy back and burn GAINS with 10% of our revenue from other sources than deals.

Q3 from Kirstin Daniel:

What makes GAINS better then competitor? is really hard to get compete these days cause a lot new projects bringing new technology.

Alexandre Raffin | GAINS Associates:

There are several groups that do deals for their token holders. Some are great.

With that said, our vision is not limited to just doing deals, that would be extremely limited and sad. We will be building something bigger.

Q4 Marian Merheb:

While reading your Medium Articles I saw you came up with something called Learndrops and you’ve done several of them; with Kyber Network, Ocean Protocol, etc. So, where did they idea of this come from? And what are the benefits both parties get from it?

Alexandre Raffin | GAINS Associates:

We’re happy to pioneer learndrops. It’s been a great way to filter people who can’t be bothered to read and do basic research. Even easy questions are good to remove lots of people that we don’t want in our community. We will continue to have these types of events and we’re planning on pushing things even further :)

Maybe one day projects will only have holders who are very knowledgeable about what they do. Imagine if every holder could be a true ambassador of the project.