Titans, we hosted our first Community AMA on Monday, March 7th, to discuss and introduce our community with features, partners, potential and future of our soon to be released launchpad. It was a pleasure to host an AMA with such a large number of participation by our community members.
The AMA with Vishal, one of the co-founder of Tartarus Finance, was hosted by our group admin Justin. The AMA session gave insights on the roadmap planned for Tartarus and in case you missed it, here’s a recap for the same.
Telegram link to AMA : https://t.me/tartarus_finance/17935
The AMA also had a reward of $200 for best 5 questions. Congratulations to the AMA winners 🙌
@ShuWay2000
@Iolawaugh
@imHRajora
@DikshaSinghla
@varunbansal1811
Introduction
Justin: Welcome @vishal_tartarus
Vishal: Hello Everyone!
Justin: Nice to have you here. Can you tell us something about yourself?
Vishal: My name is Vishal and I am one of the co-founder of Tartarus Finance. I come from a marketing background and have around 4 years of experience in this industry. I have been working with several crypto projects since 2017 — building products, marketing, community building and more!
Justin: Good. Can you tell us something about the current status of the Tartarus project?
Vishal: Yes sure. So let me start by sharing some of the major updates from the past month -
1. We have successfully completed our strategic investment round led by Black Edge Capital and Solidity Ventures. Tartarus dungeon is now also joined by some pre-eminent crypto influencers including CryptoDaku, TheMoonCarl, AltcoinSherpa, LilMoonLambo, Altcoindaily io and many more!!
Read info here — https://tartarus-finance.medium.com/tartarus-completes-strategic-investment-round-with-leading-crypto-and-blockchain-vcs-bb0d9ff53503
2. We have completed the development of Tartarus IDO Dashboard, and with $TART IDO Whitelist winners already announced — we are looking to the next phase i.e. $TART IDO announcement
Justin: A lot of our community members had this question, when Tartarus IDO ?
Vishal: We still don’t have a final date for launching the $TART IDO. We are waiting for market to become a little better :)
Justin: Is KYC a must to participate in Tartarus IDOs and other IDOs to be launched on Tartarus?
Vishal: Yes, KYC is mandatory. The details for the same will be updated soon on our social media!!
Justin: We all will be waiting. Will there be any Tartarus Tier System for the IDO allocation?
Vishal: Yes, that’s on our roadmap. Platform will be further developed for liquidity raises through a tier based guaranteed allocation. The tier system is being designed so that investors, big or small, can get maximum benefit out of the IDOs of projects launched via Tartarus
Justin: UI/UX issues are common on many platforms, so how will Tartarus make improvements to the same and will it be able to attract users from non tech/crypto space?
Vishal: Yes, Tartarus has been developed with a vision of bringing even non crypto native people to the platform by providing a user friendly experience. Tartarus UI will be developed to be simple, quick and secure, that can attract users form non tech/crypto space
Justin: Wow, I can see a hard working team. Keep it up 💪
Vishal: Thanks :-)
Justin: “Regarding the security of users funds, is the launchpad audited and secured to minimise scams and rug pulls? Also on which network is the $TART token?” Can you also give an overview of your Tokenomics, and the utility of $TART Token?
Vishal: The audit process is in progress!! We’ll make sure that investors funds remain safe. About $TART, it’s a utility token for the Tartarus ecosystem. Investors can earn exclusive benefits on holding tarts, such as —
- Future IDO Whitelist
- IDO airdrops
- Massive APY and more!!”
$TART token, it will be available on FTM network!
Justin: Nice utility. I’m enjoying the AMA 😊. Let’s move to the Last question. How can we get the latest updates and information about Tartarus and also new projects launched using Tartarus?
Vishal: You can follow us on our social media handles and join our channel and community on telegram. Justin:
Thanks for the answer
We will be Moving to the second section which is answering questions from our Twitter and telegram.
Community Questions
Justin: The first question is…
Can you please tell us what are your expectations about the number of projects going to be launched through this launchpad in the next 3 months and what type of projects will your team be going to focus on ?
Vishal: Tartarus is built on the Fantom network so our primary focus is to boost the growth of Fantom ecosystem projects. We will be launching well vetted innovative projects on Tartarus Launchpad. We will keep community updated about new projects through our social media handles
Justin: Tartarus is a great launchpad in itself but can you please explain how your team will verify the upcoming projects in terms of their reliability and appropriateness, which would plan to go for IDO through this platform.
Vishal: To alleviate scams or rug-pulls, Tartarus will only allow projects only after they undergo an intense curating process. All projects at Tartarus will go through a defined process to check it’s legitimity.
Justin: Next question! We know that Tartarus is built on the Fantom blockchain. So which blockchains will it support alongside Fantom?
Vishal: Fantom provides a high-performance, scalable, and secure smart-contract platform and is designed to beat the flaws of previous generation blockchain platforms. We don’t think there is any better platform to launch new projects. With further developments and DAO voting, project can support other chains but that will not be in near future
Justin: Nice one 👍, I agree with you. Next question. Almost 80% investors have just focused on price of token in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in long term?
Vishal: Huge APR will be offered for staking/farming our token, this will keep many tokens off market. Also our soon to be announced Tier system, with assured allocation, will motivate a lot of investors to hold $TART to participate in chosen tier. We cannot comment on the price of token but if if you’ll research on our project, Fantom, our team’s expertise and backing KOls you’ll easily guess the chances of $TART’s growth 🙂
Justin: Thanks for your answer. Let’s move to the next question. With so many launchpads already in the market, how you plan to tackle competition and expand in future?
Vishal: Yes there are lots of Launchpads but Tartatus is developed by team and advisors from tech and fintech background and is backed by a vast community and KOL network that will provide all the tools and resources to the projects, ensuring a successful IDO launch. With curated projects, simple to use UI, rewarding tier system and our team’s expertize, Tartarus will be able to get an edge over its competitors
Justin: Thats nice, we all believe in the project. Let’s move to the Last question. PARTNERSHIP & COLLABORATIONS are the backbone in making every project more widespread, so can you list some of ur partners with us?
Vishal: Please check our partners and backers below
Justin: Thank you Vishal for the amazing answers. Let’s move to session 3, which is the community questions. We will unmute the group and the community will ask questions
AMA Round
Vishal: woahh, so many questions. First I would like to thank our community for participating in such large strength
Justin: 🤝 Yea, take you time to go through the questions
Adrian B: Can you tell me more details on the IDO? The schedule and contribution for each?
Vishal: [In reply to Adrian B] Date for IDO will be announced soon. We announced the whitelist winners recently and you can check details for same and IDO in our article : https://tartarus-finance.medium.com/tartarus-tart-ido-whitelist-result-announcement-3cedb040bd71
JoeRomanista: Crypto market has recently been in a bear market and in this scenario it is very hard for investors to trust and invest in any project. How do you see these challenges and why should we invest in your project?
Vishal: [In reply to JoeRomanista] Yes, the market in 2022 has been quite uncertain and the current Ukraine — Russia war has highly contributed to that as well. Tartarus unlike other launchpads provides benefits not only to projects but also investors. Our dungeon is filled with some pre-eminent influencers who will help us in choosing the best projects for the community We will properly research the projects before bringing them to the investors and we will make sure the projects on our launchpad reach a higher milestone
⚡️0x ₓ TC | F U R I O S A Marx: Do you allow suggestions and feedback from the community Are we allowed in decision making, do you put community into consideration. ?
Vishal: [In reply to ⚡️0x ₓ TC | F U R I O S A Marx] Yes, being a decentralized platform. All the decisions will be taken by DAO, after a certain period
Mr. Mojo: How can I buy this token? Is it available on any exchange?
Vishal: [In reply to Mr. Mojo] $TART our native token is not listed anywhere. So stay tuned!
bibimbap🦞: How many projects are already here and how to invest ?
Vishal: [In reply to bibimbap🦞] Stay tuned. We’ll share all the details through our channels and twitter handles
luther: Your project name seems to be very interesting. Does it have any story behind it? Can you share us with the inspiron for approaching to this name?
Vishal: [In reply to luther] Well the name Tartarus comes from the Fascination with gaming, metaverse. Also it is Fantom chain, which in itself represents a spooky theme. And we have build a dungeon (our launchpad) on the same theme
Tuan Vũ Quốc Đạt: Hello bro .. Promoters are important enough for you to popularize your product, so do you have a great promoter to promote it?
Vishal: [In reply to Tuan Vũ Quốc Đạt] Yes, Check out our list of backers and supporters here — https://tartarus-finance.medium.com/tartarus-completes-strategic-investment-round-with-leading-crypto-and-blockchain-vcs-bb0d9ff53503
Andy 👑: Can you give an overview of your Tokenomics, and the UTILITY of Token?
Vishal: [In reply to Andy 👑]
Justin: Thanks once again @vishal_tartarus for your time. Thanks everyone who joined us!
Vishal: Thanks Justin, it was really wonderful to be part of this community AMA and I am really excited with the response that we received in LIVE AMA
Justin: You are welcome, we expect you another time, Thanks!
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