HashBrownSwap X Decentralized Club Ama Recap From the 19th of May
Hello, Decentralized. clubbers Another AMA took place in Decentralized Club and we would like to introduce to you the AMA session with our guest Sting Lin and Aaron Tsai from HashBrownSwap . The AMA took place on the 19th of May .
Celeb | Decentralized Club
Welcome @s0932911331
Hope we have a great time here today
Sting Lin
hi
I am Sting
Celeb | Decentralized Club
Thank you for coming today
We would be having 3 segments respectively today
Introduction
Twitter and live sessions respectively
Please reply done when you have satisfactorily answered a question
Can we proceed
Welcome @chiefcapitalist
Aaron Tsai
Celeb | Decentralized Club:
Would add him
Welcome @chiefcapitalist
Aaron Tsai
@Calebkure Pleased to be here today!
Celeb | Decentralized Club
Let proceed to the introduction session
Introduction questions asked by DC Moderator , Celeb | Decentralized Club
Celeb | Decentralized Club
Introduction questions
Q1. Can you start us off with brief description about HashBrownSwap ?
Aaron Tsai
HashBrownSwap or HBS. HBS is building an open and complete DeFi ecosystem, with a next generation exchange, designed for everyone to use. We made DeFi, as easy as eating a hashbrown!
To achieve this vision, we developed latest DeFi technologies with cross-chain with 3 main public chains including Bitcoin, Ethereum and Binance Smart Chain, planned co-branding with strategic partners to offer a wide range of quality products and services.
HBS currently has a built-in wallet, a DEX with liquidity farm and a launchpad. Tech development for BTC and ETH collateralized lending has been completed.
Done
Celeb | Decentralized Club
Had to Google what hashbrown was really wow😁😁
Aaron Tsai
Yes. You can find us on Google! 😊
Celeb | Decentralized Club
Before we go on
What inspired the name hashbrownswap
Aaron Tsai
My 3 years old daughter likes to each hasbrown at Burger King!
Celeb | Decentralized Club
I guess this must be a good way to rewarding her
Aaron Tsai
Yes, she gets the real ones! 😀
Celeb | Decentralized Club
Alright😂😂
Let move to the next question
Q2. Can you elaborate on the various features that make HBS an ideal token swapping platform?
Aaron Tsai
Unlike Uniswap which can only trade Ethereum token pairs and PancakeSwap can only trade BSC token pairs, HBS can trade token pairs generated on different public chains, such as BTC and Ethereum USDT pair or BNB and Ethereum USDT pair.
Also we have built-in cross-chain wallet that makes life much easier if you need tokens from different chains.
Done
Celeb | Decentralized Club
Q3. Can you tell us about the process to sign-up/ register and use HBS?
Aaron Tsai
It is easy even for a non-crypto user can access HBS wallet within minutes. You must try it to enjoy the innovative designs. As the newest generation of DeFi wallet, you don’t even need to download or upgrade wallet APP. You simply go to HBS website at https:// www.hbsswap.com and click on the Wallet icon to open the Wallet. You activate the wallet by using your email to obtain a verification code.
You can try it now while we run the AMA!
Most of you probably heard about scary stories, where users lost access to their tokens because they can’t find their private keys! What a terrible design with the current DeFi wallets! We made HBS wallet more secure because no one ever sees the private keys, including the user. We put thieves out business because it is almost impossible to steal tokens without a private key. Secondly, we eliminated the need for a new user to know about the concept of a private key! HBS automates the control of the private keys via smart contracts, which are activated by user’s email and Google Authenticator, securely and completely under a user’s control.
Done
Celeb | Decentralized Club
Q4. What is the utility of the $HBS token and how does one acquire it?
Aaron Tsai
We have several token listings projects, including Free Ark with FARK token and Talent Coin or TLC. Free Ark is a deflationary financial game token requiring HBS tokens to activate its membership. TLC is paired to trade initially with HBS with the goal of educating people about investing and asset allocations.
FARK is already listed and trading. K-line can be viewed at our partner’s information website: https://avedex.cc/token/0x198108759e6fcdeb726dfdc829e12940cd723d87-bsc
If you are logged in with your email, you can now purchase HBS token on our Launchpad.
at a fixed price USDT0.018. You can select either ERC-20 or BEP-20 version.
HBS will become our platform token to pay for commissions and fees after exchange listing planned for 4th of July, 2022
Done
Celeb | Decentralized Club
What are plans like for mass adoption globally
Are there plans for ambassadors
Amd likes
To help in promotion of hbs
Aaron Tsai
Yes, we will be seeking ambassadors, but has not got there yet.
We are currently focusing on USDT3 million token sales, additional alt token listings and seeking strategic partners to conduct their business on HBS platform under co-branding arrangement.
It is a B2B strategy, for each token listed or a strategic partner engaged, they will bring their community or clients to HBS.
done
Celeb | Decentralized Club
Wow this great
Let’s move to the last question for this segment
Q5.Can you tell us what are your guys next major priorities in 2022?
Aaron Tsai
These priorities are not in order.
1. Complete the USDT3 million HBS token offering
2. Add USD and EUR and credit card access
3. Launch BTC and ETH deposit and collateralized lending
4. On board co-braded strategic partner’s services in DeFi, payment, NFT, investment fund, game or metaverse.
5. Continued Alt token listings
Any new requirements raised by token listing partners or co-branding partners.
Done
Celeb | Decentralized Club
Alright let’s go in to the 2 preselected questions for twitter
Before that can you post your community links and website👉 https://t.me/hashbrownswapeng
👉 https://twitter.com/hashbrownswap
Celeb | Decentralized Club
Thank you
Aaron Tsai
You are welcome!
Questions asked on Twitter for HashBrownSwap team!
Celeb | Decentralized Club
Twitter questions
1. One of HashBrownSwap’s main feature is that is can be used across three main blockchains, Bitcoin, Ethreum and BSC networks. Will these three be the only available blockchains on HashBrownSwap or are you still considering adding more in the future as the project develops?
@0jeanwayne
Aaron Tsai
We will consider adding additional blockchains depending on the market needs or the needs of our co-branding strategic partners.
This feedback will come from users, alt token listing projects and co-branding partners.
Done
Celeb | Decentralized Club
A very staright answer
Let go to the last question for this segment
2. Lots of swaps and DEXes exist on the ETHEREUM network with high trading volumes already. What services are you going to render that is different from what these other swaps and DEXes already offer and will incentivise traders to choose HashBrownSwap?
@CryptoAMA1
Aaron Tsai
A new trend in DeFi is cross-chain. We first built MASFi public blockchain and have completed the crossing of 3 popular blockchains, including Bitcoin, Ethereum and the Binance Smart Chain. MASFi solved two critical problems of low speed and high gas cost on Bitcoin and Ethereum public blockchains.
Besides our cross-chain swap capability, HBS has a built-in cross-chain wallet, where you can store BTC, ETH and BNB in one single wallet, without the need to configure any Network setting or change Network back and forth, as in a MetaMask or a Token Pocket wallet.
Transfer of BTC and ETH between HBS wallets are completed within 1–3 seconds and the gas fee is only 10 cents US. The gas fee is currently waived during public beta.
With the capability of lightning transfer and low gas fee, BTC and ETH can now be used as a mean of cross-border payment, including for micro-payment of 8 US dollar worth of BTC. We plan to offer local fiat access, through cooperation with a bank in UK.
Done
Celeb Decentralized Club
Users would love this feature
Let move on to the live segment
Questions Asked by our Decentralized club members during live session to HashBrownSwap team!
Q.1@samuelkenny002
Am curious 👋👋👋
Can you tell us why you build your token HBS on Ethereum blockchain despite the high gas fees? Why not bep 20 or other networks with low gas fees?
Aaron Tsai
We have HBS token in 2 versions both ERC-20 and BEP-20 versions. This will enable investors from both Ethereum ecosystem and the BSC ecosystem to participate in our token sale.
We even made a free SWAP feature for you to swap HBS ERC-20 with HBS BEP-20 tokens.
Q.2 Do you have a white paper? If yes, please share it. Secondly, do you have any pre-sale plan? Where can we join now?
Aaron Tsai
We have whitepaper (litepaper) link on the Information section of our website. Unlike other projects that need to sale the token before building the platform, we already launched the HBS platform, so we conduct both private sale and public sale at the same time.
Q.3 Good Shot
Hello
Trust is very important in business, what makes investors, customers and users feel safe when working with your project ?
Thank you so much for answering my question sir
Aaron Tsai
Our project is a complete DeFi project, where everything is decentralized from MASFi public blockchain to HashBrownSwap DeFi application built on MASFi. In addition our key management team are from well known institutions.
HBS is backed by my investment bank MAS Capital and our CTO is formerly an Architect Director at Microsoft.