Segment 1: Questions from Cryptoiz
Bholdus is a blockchain dedicated to DeFi apps and NFTs with unprecedented transaction throughput and security. Follow their Social Media to find out more about them:
Host: Could you please introduce yourself first and share with us the background of the Bholdus team?
Lily: First of all, good evening everyone from Cryptoiz ❤️ My name is Lily, Bholdus’s Global Director of Growth. It is my honor today to have this AMA with you guys and I really appreciate all of you for taking your time to listen about Bholdus. I have over 10 years’ expertise in digital/growth marketing and developing global communities, I do hope I can support to scale up Bholdus’s communities globally up to 10 million users within 3 years.
Host: Can you share to us what the highlight of Bholdus that put it aside from it’s rival?
Lily: We actually have many core features, and each comes with its uniqueness that makes them stand out from other projects. Within our ecosystems, we have: BHOLDUS Blockchain, Software Wallet, DEX multi-chain, BHO, Staking, DAO, Lending, Blackhole Pool.
BHOLDUS Blockchain has the fastest and cheapest transaction fees. Transaction speed and fees are important factors to evaluate a Blockchain project. With BHOLDUS, transactions per second (TPS) can be up to 10,000, while network fees will maintain the cheapest.
BHOLDUS Software Wallet supports users to store their crypto assets on it, handily, securely and safely. With BHOLDUS Wallet, users will be as secured as when storing on decentralized exchanges. No more worrying about assets or personal information stolen by hackers. We promise this will be the most user friendly with a great UI/UX. Additionally, it can be interoperable with different DEX aggregators. In summary, BHOLDUS Wallet is a Multi-Network wallet that can store any coins that the user wants.
Our DEX provides a multi-chain decentralized financial blockchain platform, connecting to a variety of digital assets and integrating with other Blockchain networks such as Binance Smart Chain’s BEP-20, Ethereum’s ERC-20, Tron’s TRC-20, Polkadot… As a result, customers only need to trade on a single DEX platform and still be able to trade between different networks, instead of having to swap between different DEXs as before.
The BHOLDUS token (BHO) is a digital asset and represents the capitalization of the BHOLDUS project. Participants use BHO to pay transaction fees to the network and BHOLDUS Dex, or use it as a governance token of BHOLDUS. The total supply of BHO is 10 billion, which will be imported into the BHOLDUS Blockchain network at the time of mainnet launching and future upgrade.
As a process of depositing savings through staking services, the user’s BHO will be locked within a period, and the user will receive interest everyday. The average APY is 10% per year.
Now moving on to DAO. DAO stands for Decentralized Autonomous Organization, which uses BHO tokens to vote for the governance rules of the Bholdus system.
We also have the Lending feature that allows loans right on the BHOLDUS chain with a variety of digital assets, loans managed by smart contracts without intermediaries.
Our Black Hole pool helps to revolve and ensure continuous liquidity. Businesses will have the opportunity to access DeFi resources using digitalized and audited real-world assets through the work of tokenization. They do this by encrypting their financial assets into NFTs and using these NFTs as collaterals in their Black Hole Pool. For example, with the current hot trend in NFTs gaming industry, BHOLDUS helps players to tokenize their games as NFTs, create liquidity and make it interoperable with any other digital assets.
But NFT does not just stop at virtual assets. With the amazing uniqueness and traceability features, NFT can be utilized to represent real-world assets, including valuable financial data or outstanding startup ideas of SMEs to show their creditworthiness. This is the goal where BHOLDUS is heading towards with an aim to provide SMEs with access to global funding from investors on the BHOLDUS network.
Host: Please tell us more about the token utility?
Lily: Wow I love this question, I think it’s best that our investors know about the benefits of BHO token, not just for trading.
If you want to know why we choose Bholdus, BHOLDUS stands for Black Hole Decentralized Exchange of US.
In Hindi, Bhold means Brave, BHOLDUS means “our bravery”. We want to send a belief, and a mission to all those who accompany the project.
BHO holders have the rights including voting, proposing referenda, electing council members, et cetera. In addition, BHO holders can earn profits by offering loans to other users in need. BHO holders participating in the network as Validators and Nominators can also be awarded for their contribution to our network governance.
Host: What are the major milestones Bholdus has achieved so far?
Lily:
- For product development, We have developed mobile wallet integration and launched the testnet for Digital Assets. Just got Certik to audit and certify our smart-contracts.
- For Strategic partnerships with Singapore Fintech Association, CANCHAM Vietnam, BroctagonTechQuartier, Global DCA, Kambria * and Atom Solutions
- Launched on Pancakeswap, Coingekco, MXC and Coinmarketcap. Talented team around the world with over 100 team members.
- Backers and Advisors from many big Ventures and big MNC.
- $BHO successfully be in the top 10 Gainers Globally on CMC just after listing 24hr.
- Top 1 Global Trending on CMC
- Audited by Certik with 96 /100 security score
- Being on Polkadot ecosystem
And last but not least, previously, Bholdus has been gradually perfecting its blockchain in accordance with the previously announced roadmap, including the successful creation of its own digital assets (first Bholdus NFT logo), Staking implementation, cross-chain connection with the Binane Smart Chain network, smart contracts audit and verification by CertiK, and in the process of building Alpha Masternodes to prepare for the Mainnet launch in December 2021.
You can find more information in this:
Host: Partnership is an important point, so can you list some big partnership you have now?
Lily: Yes, but because we have some confidential policies, I can only name a few partners that we have announced on our website: bholdus.com
- We have a strategic partnership with ATOM solutions
- Bholdus is also a member of the SINGAPORE FINTECH ASSOCIATION (SFA)
- We recently confirmed ViruSs, a Top Asia Streamer with 4M Followers to be our Gamefi Community Advisor – you can read about it on the renowned finance media Bloomberg.
Segment 2 Questions From Twitter Community:
Host: How can I buy tokens from your project? Will you have a program to sell tokens to users in the near future.What is the price of your token?
Lily: You can buy BHO Token whenever on PancakeSwap or MEXC Global, here is our contract: 0x8717e80eff08f53a45b4a925009957e14860a8a8. The price now is 0.029$/bho, it is a very good entry now before we launch mainnet in December
Host: Do you agree that the power of the community will drive your project to global growth?
Lily: I have over 10 years’ expertise in digital/growth marketing and developing global communities, that’s why I understand and agree that the power of the community, especially our investors/holders, will drive Bholdus to global growth.
I do hope I can support to scale up Bholdus’s communities globally up to 10 million users within 3 years with all the help from our Bholdus communities in the world.
Host: like the other gaming platforms, @bholdus has its own nft marketplace too. so tell us what are the things we can do in your marketplace?
Lily: This is an interesting question, because NFT is a hot topic nowaday.
For Bholdus, NFT issuance is an important part of its development roadmap as NFTs can represent real-world assets, opening the doors for individuals as well as small and medium enterprises to access new funding channels in the DeFi space.
Here is some features that you can do on our marketplace:
- Mint (Create) unique NFTs
- Transfer ownership of NFTs
- Allow users to burn NFTs that they own
Host: The crypto space is a harsh environment where ruggs are part of the daily business. What measures have you taken to gain the trust of potential investors? Like is the contract audited? And is the contract tested?
Lily: Security is a sensitive topic when we talk about blockchain project, because you can see that there is a lot of scamming, rugpulliing out there.
Bholdus takes it very seriously, in fact, we are auditted by CertiK.
Being audited by CertiK will ensure that Bholdus is free from vulnerabilities, guarded against the risk of attacks, and has no terms that are detrimental to users. Overall, Bholdus’s safety score is 96/100, a quite high score compared to the average of other blockchain projects audited by CertiK with 98% of users voting the project is secure.
Host: How to make health community on your project? So, they not only focus on price token, but care about development of your project?
Lily: Our community is working around the clock to bring a transparency of our project to any new investors.
We bring to our community the education about Bholdus, and also education about crypto world so they can differentiate between a good project and a scam one.
Of course token price is one of the main attentions of any blockchain project, but we hope we can guide our community to a better understanding about this new-generation market.
After they understand the core value of blockchain, they will see how potential Bholdus is.
Segment 3: Questions From Telegram Community:
NAAAh: Bholdus is a private blockchain platform. So how does Bholdus intend to attract development projects on its platform?
Lily: Our first question ❤️
Bholdus is a public network that can interact with other major networks such as BSC,of u Solana, Ethereum. Bholdus team is still in the process of finalizing their platform and plans to launch launchpad programs to support projects built on Bholdus platform in Q3 2022, contributing to perfecting the Bholdus ecosystem.
Jamine: Most private blockchains have a burning mechanism that follows a period of time, so does Bholdus have a burning mechanism and if so, what is the time or mechanism of burning?
Lily: The orientation of Bholdus Chain is “no Mint – no Burn”. Total fixed supply with 10 billion BHO.
Tinker: Why Bholdus was built on Polkadot’s substrate but didn’t join Kusama Parachain/DOT first but created tokens on BSC first?
Lily: The pre-issuance of BHO on BSC is for the purpose of raising funds first. After finalizing Bholdus chain platform, users can completely use cross-chain BHO BEP20 on BSC with BHO BHC20 on Bholdus chain.
Bholdus chain is built on the Substrate Framework developed by Polkadot, helping the team save time and focus on building modules to solve the problem at hand. In addition, substrate has an easy interaction mechanism with other networks developed on the same framework, so in the future Bholdus can easily interact with other chains, namely the parachain network of polkadot.
CZZ: What does testnet and mainnet in road map BHO mean?
Lily: Testnet is a platform for testing, built with features like the real product so that users can experience it as well as the team can test it before launching the product on the mainnet. Mainnet is the official version of the product.
And that is our last questions for tonight. ❤️
Mina: How does NFT work in the Bholdus network? In order for the project to develop sustainably and accompany investors for a long time, what strategy does the development team have?
Lily: We will regularly organize chat sessions with investors, to listen to everyone’s sharing, thoughts and aspirations. Accompanied by transparent information, always updating the latest news of the project to the community.
