Today we would like to tell you about the AMA session with our friends from MTI Finance. The AMA took place on November 3, our guests were Lucy Coleman (Chief marketing officer) and Alex Paul (head of operations).
The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.
PART 1, INTRODUCTION AND COMMUNITY QUESTIONS
Gold Rocket | Satoshi Club: Good evening Satoshi clubbers! We are starting our today’s AMA marathon with the MTI FINANCE project. Our guests today are @MTOPDEV and @lucy484.
Alex Paul: Thanks 😊 for this great opportunity to be with this great community.
Lucy: Hello everyone.
Luis Merino | Satoshi Club: Can you please introduce yourself and tell us a short introduction about MTI Finance?
Lucy: My name is Lucy Coleman, Chief marketing officer MTI. I have over 15 years of experience working in data science. Previously, I was the Chief Data Scientist at Guru, where I analyzed data from some of the biggest enterprise and networks in the world to educate the market on long-term internet trends.
I am also a 15-year veteran of online marketing and stock trading who has more recently turned to sharing my experience, strategy and knowledge with the cryptocurrency world, both as trader and adviser. Providing extensive, in-depth and analytical advice and insight at all levels and has previously supported a host of successful projects helping them to generate tens of thousands of bitcoins and other cryptos.
Alex Paul: I am Alex Paul and head of operations in mti finance I have been working with our founder Noah kruff since the vision was bearth.
Gold Rocket | Satoshi Club: Very interesting! So what is MTI FINANCE.
Alex Paul: MTI FINANCE is a decentralized token on ERC-20 protocol allowing users to: earn by staking, borrowing assets, and will be able to vote in the decentralized MTI ecosystem on governance issues within the community.
Q1 from Telegram user @nadynas
In your whitepaper you mention that you want to democratize the crypto space and to ensure that everyone has equal access to the blockchain tech. Why do you think crypto needs to be democratized? It was created as an attempt to achieve independence from governments. Also, how do you want to ensure access to this tech? You just need a device and Internet for this.
Alex Paul: Yes we have plans to make mti token to be every much accessible to everyone, in that case limitations on censorship.
Lucy: Democratization of a given technology can happen in many ways, from the number of people, products and solutions using that technology, to its business value or the level of disruption it activates. As opposed to previous technology waves – like open source – blockchain technology is, at its core, is designed to empower people versus organizations. It is thus natural that blockchain democratization is also core to its success.
With kids accepting bitcoin on lemonade stands, teenagers investing in ether to pay for college and traders standing up crypto-trading desks, there is no doubt that cryptocurrencies have helped democratize blockchain. Ask anyone who has been involved in blockchain without being involved in bitcoin for proof of that. In a way, blockchain has been democratized via cryptocurrencies — but the real democratization of blockchain is about to happen.
Alex Paul: We designed mti to meet the demands for financial innovation and improve efficiency of the financial system using Defi and Blockchain technology. We will integrate various defi products into a single ecosystem allowing consumers to conduct financial services in a safe and reliable way.
Q2 from Telegram user @sumione
MTI has a supply of total 10000 token but the information regarding its circulation, tokeneconomics is still unavailable and unclear. What % of MTI are available for public and how many for team?
Alex Paul: Mti has 10000 token in supply and the total circulating supply is 8500, the team, dev, and marking hold a share of 1000 mti. And of course the dev shares of 500 mti out of which 494 is locked. 🔒
Luis Merino | Satoshi Club: Those 1000 MTI for the team are a 10% of all the supply. What plans do you have for those tokens?
Alex Paul: So in general 8000 mti was pool into uniswap for trading. The 1000 mti was set aside for developments, marketing, listing etc. We have to develop more and finance as you know.
Luis Merino | Satoshi Club: Btw, 10000 is such a low supply compared to many other projects. Any reasons why you chose to have such a small supply?
Alex Paul: We listed on the 6th on cointiger and part of the listing fees was used to cover that that’s a good example of what we mean by that. We actually it’s just a simple supply and demand in supply we need a little supply to get much demand and we do not want to be overwhelmed by millions of supply and thereby run to the difficulties faced by those who came before us. Amazing low supply is our unique feature in mti finance.
Q3 from Telegram user @PaoloMonte87
How does MTI Vault aggregate Big Data to automate AI yield farming strategy? Will we still be able to fine-tune some of the AI settings and retain some decision-making power in order not to automate every decision, if we wanted to?
Alex Paul: We have a very unique feature for this and in the coming months we will be releasing updates and yes off course we have a model been worked on that will fine turn the Ai settings that users will be able to maintain some part but not all in terms of decision making. It’s will work in such a way that the decisions are partly automated.
So yes it will be fine-tuned in such a way that the decision making isn’t fully automated that’s one of our features you need to follow us with our road map as we roll out this features in the coming months.
Q4 from Telegram user @Jonahapagu
On your white paper you stated that you have a Unique strategy for calculating the staking percentage… here in Satoshi club we’ve come across lots of Defi projects… and I’m interested in knowing how you uniquely calculate your staking rewards that is completely different from all the projects we’ve come across in Satoshi club.
Alex Paul: We all know that exorbitant rewards drain the system that is why we have studied other products to know what they did wrong and right and we sat down and came to this conclusion that for mti to be different and unique we have to lower the staking rewards in such a way that will be healthy for our community and the ecosystem at large.
So we will be solving this by lowering the rewards, we have a good model in place and we are still consulting and implementing, as we go with our road map we will be sharing more updates. Do not forget to ur our telegram group to be able to follow our updates.
White paper：https://mti.finance/whitepaperVI.pdF
Q5 from Telegram user @Brainchest
On livecoinwatch, I see a price increase of 413% in 7 days, although the product (stacking, farming) has not yet been released. Due to what can there be growth, can it be an artificially created HYPE before the sale, and then the price will fall by 1000%? Are there any guarantees that the price drop will be held back by repurchase or other means?
Alex Paul: Great the price you see isn’t hyped and inflated those who followed our progress will bear with us that the price has been a total reflection of our constant work the teams and the mti community. The truth is that we will see buying and selling by our communities but the price cannot go back the the list price, as we have been growing slowly and steady over the few couple of days and we have a good team all working to maintain that momentum.
Q6 from Telegram user @borysfireball
My delight is to dig everything, i had to be born mole. But as i am a human i dig into the contracts and i found that your MTI contract creator (MTI Finance Deployer) also created more contracts, such as YFinanceSports, Ash Finance. Is it your delight also to create or you used third part to help you with your smart contracts?
Lucy: MTI is backed up by capable developers and veterans in the crypto community, we hope to establish further with cooperate investors and community to take the project to higher grounds.
Alex Paul: We have no other products as we are fully developing MTI. Our mti team got a test run of our deloyer at the are seriously working on system to better our community. MTI IS. A WORKING PRODUCT and will be a leading other to follow.
Luis Merino | Satoshi Club: Btw, when was MTI project launched?
Alex Paul: The vision was born few months back we kept working and implementing and we launched on the 26th October 2020, When we got listing on uniswap and trading was live.
PART 2, TELEGRAM COMMUNITY LIVE QUESTIONS
The chat was open for 80 seconds; a lot of questions were posted by Satoshi Club community. Our guests chose some of them.
Q1 from Telegram User @AugusS7
The name of “International Mirror Trading” is from many investment platforms that have been SCAM and others with strong rumors to be so, being so, why trust this project? How to know that SCAM will not be like the rest of the platforms with the same name?
Lucy: The name MTI is unique to our market and vision, hence we are not affiliated with any form of scam or planning to.
Alex Paul: Yes we have more work as at mti to do we have intensified our marketing and increasing collaboration which will we be rolling out in in the next days and weeks. Please join our group to get updates daily on our progress.
Q2 from Telegram User @Pratze
Your website just attacked by someone and now we can’t access your website. How did you convince us that our money will safe from hacker if your website has low protection?
Lucy: The security of website has nothing to do with safety of invested funds, our website is just our display page fr necessary updates and information, all invested assets are very safe.
Q3 from Telegram User @Dmsaly14
What are the advantages of MTI Finance over others?
Lucy: Our limited supply and great team work gives us a striking edge over many other companies before us.
Q4 from Telegram User @KeymerS
Actually, in many trading platforms I have observed the image of the “Bull”, really what is the meaning of this animal in cryptocurrency trading? And why does MTI Finance use it and not another?
Lucy: The Bull logo is a unique symbol in the crypto market which everyone knows … hence mti adopted this as well to symbolize our massive movement to sky rocket to the moon.
Q5 from Telegram User @ramman4_1
So, actually I really like for $MTI buy and Hold long-term… But I don’t know How can I buy it & where is it listed… So, please explain How can I buy $MTI tokens?
Lucy: Mti token can be purchased on uniswap or Cointiger.
Q6 from Telegram User @adito_007
Why can MTI Finance as a new coin enter big markets like COINTIGER right away? What is unique about MTI?
Alex Paul: Sure, we beat all odds to list in Cex we were told it’s difficult to do but our able team pushed very hard and it was done we didn’t just want to be traded on uniswap or dex only but we want to be seen on centralized exchanges, that breakthrough have led to other cexs, sending out tons invites to for partnership. We have many more top Cex listing at hand in the coming days and weeks.
Q7 from Telegram User @Chinthaka93
MTI finance is only listed on coingecko but not listed on CMC, DO you have any plan to get listed on CMC, Because the people always trust projects listed on both CMC and coingecko?
Lucy: We have just launched and already kept so many great promises, cmc listing will be coming up shortly, it’s already in progress.
Q8 from Telegram User @BJosefina61
What benefits does a supply of just 10,000 units provide to the team and the community?
Lucy: The less token in the market the higher value it poses to incure… scarcity brings about value.
Q9 from Telegram User @Damiya1
A strong project needs great investors, so how did #MTI Finance raise funds successfully? How do you convince investors to trust and cooperate with you?
Alex Paul: As we mentioned early we raised funds for listing and partnerships from the team and marketing tokens, that’s why we have funds to develop even further.
Q10 from Telegram User @jangrihwa
MTI what is a good project to make a long term investment?
Lucy: Mti is here to stay, we have developed a responsive community to take the company to high goals.
Q11 from Telegram User @Sangdz
Many new projects initially developed well but were suddenly abandoned. How will you manage your project to get your position on the market and become the best project in the blockchain world?
Lucy: Abandoned projects are brought about by lack of proper planning and assessment, mti has been developed in such a way that the goals and plans for the coming year has been laid out and already been followed … our amazing team have all hands all deck on a go to ensure that this becomes one of the leading token in the market.
PART 3, QUIZ AND INFO
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about MTI Finance. A link to a Quiz form were sent into the chat. Participants had 10 minutes to answer. 300$ were distributed between the winners.
For more information and future AMAs, join our Social Media channels:
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MTI FINANCE: https://t.me/mtifinance