We are pleased to announce our next AMA on December 6th 2021 at 11:00 AM UTC Time: Satoshi Club x MilestoneBased
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join MilestoneBased Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. MilestoneBased Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about MilestoneBased
For more details:
MilestoneBased Website – milestonebased.com
MilestoneBased Telegram – @milestoneBased
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
MilestoneBased – could you please explain to us how MilestoneBased blockchain technology platform for early stage crypto startups like ” myself” and “others” by listing milestone goals and connecting with VC and Angel investors, would translate in investors achieving multiple process and capital efficiencies through investing via MilestoneBased platform rather than traditional methods and large tranches? And further more, what does achieving multiple process portends under your platform? Please explain to us
One issue that’s arising in crypto industry is Transparency, and predominant number of projects are driven by founders who are not likely to report on Project performance especially when it comes to Project Roadmap execution, in order to solve this issues MilestoneBased Introduced Roadmap Design Tool. Can you explain the RoadMap design tool and its features? How can Projects access RoadMap design Tool? Can you elaborate on how these RoadMap design tools will ensure that Project owners Follow their Roadmap and Report on performance of Projects?
One issue that’s arising in crypto industry is Transparency, and predominant number of projects are driven by founders who are not likely to report on Project performance especially when it comes to Project Roadmap execution, in order to solve this issues MilestoneBased Introduced Roadmap Design Tool. Can you explain the RoadMap design tool and its features? How can Projects access RoadMap design Tool? Can you elaborate on how these RoadMap design tools will ensure that Project owners Follow their Roadmap and Report on performance of Projects?
milestoneBased is the first company to leverage a blockchain DAO and smart contract escrow in an automated governance and roadmap management platform. Can you explain how your smart contract escrow works in automated governance? Can you elaborate on your roadmap management platform and its features? What are the benefits your roadmap management brings to investors and also to projects?
From your white paper I understand that there will be an IDO token launch, planned in the first quarter of 2022 and that it will be conducted through a power launch with no private sales or presales,but that a registered list of contributors wishing to add value will be given first opportunity to buy.how can a user be registered as a contributor and is there a limit to the number of contributors ?,what are the benefits of being the first to buy the IDO token?
As far as I understood, Milestone Based is plannng to act as an intermediate (or HUB) for connecting potential crypto projects and investors. In this sense, could you explain the working process or the chain of communication between the initial request for approval and the moment when the requestor receives funds to finance his/her project? How much time should it take to be approved and get financed? What can delay the process of approval? And what should the requestors pay more attention on when submitting their request?
Almost a month ago Milestone Based introduced strategic partners supporting the company and its go-to-market launch plan. These partners are providing a combination of funding, business model and strategy expertise, token economics, audit, and access to their networks of potential users and investors. I have also noticed that the representatives of some of them are helping Milestone Based as advisors. Coudl you explain why these particular projects were chosen as startegic partnerships? It creates an impression that they operate in connected areas of Milestone project helping to accumulate their experience by creating a new integral product, isn’t it?
Hearing about fraud and investors losing money seemed like a weekly occurrence a few years ago. Billions were lost, and hundreds of millions were stolen- $200 million a year in the UK alone according to a recent study. And i saw that two longtime blockchain technology advocates, Andrew Zubko (CTO) and Ian Arden (Advisor) came up with an idea to tackle & fix a legacy system of capital inefficiency and security in the startup funding world, hence they came up with milestoneBased(Mb), well, how does MB Revolutionize the Blockchain world today? In what ways would your platform secure the interest of investors, both small and Big? What are your plans to further increase Awareness to the rest of the World the capabilities of your platform and also the need for investors to Trust and use your services
How would MB provide direction and set the framework for the new sustainable finance movement?
As the
industry is being shaken to its core with the advent of the blockchain and distributed networks. of course, like you said in your memorandum, Big finance will definitely use their lobbying power and checkbooks to fight this change. Are there measures set in place to avert the surging problems that might hinder the growth and Transparency of this Sustainable Finance Movement? And please is there any information about the Sustainable finance movement forum Movement? Where people can join the movement to contribute about the health and sustainability of the blockchain startup ecosystem?
I understand that milestonebase aim at improving the ICO model to ensure all members stay accountable and to keep existing and potential investors in the loop.however we know that non-acquaintance lead to fear, uncertainty and doubt.which makes investors nervous and relations stained.hence milestone solves this problem with one of their key features-roadmap design tool.can you elaborate on the roadmap design tool ? ,Also can you explain in what specific way ,the roadmap design tool will provide solution to this problem?
milestoneBased aim is to revolutionise milestone collaboration between investors and startups. You will utilise a fund management escrow system that will play the role of a silent treasurer and as judge. This smart contract escrow will only release funds to founder’s account only after Key Performance Indicators (KPIs) are executed. Can you explain more about the algorithm and machine learning ability of this automated silent treasurer and judge? How are the KPIs agreed or set initially between investors and developers, and how does this automated escrow monitor in real-time the performance indexes of projects in order to accurately determine whether funds are due for release or not to founder’s?
Since the rise of crypto start-ups more than 2000 projects are registered dead due to inexperience teams, fraud projects or poor execution and planning, and also the traditional fundraising approach for crypto Project is seriously damaged. I understand that milestonebased helps to elimate these issues with smart contract in place controlling the expenses, milestone execution and project performance overall. Can you elaborate on how this smart contract will work and its features? can you also share on verification process which projects will undergo on milestonebased platform to ensure safety of investors and users? Lastly, what are the plans put in place by milestonebased to Change the fundraising approach for crypto projects?
milestoneBased was established in 2018 and you have spent about 3 years in developmental stages. Can you explain why you took so long in development as well as the milestones you faced or conquered during these years? Also, your incubating company, applicature recently completed the Demo stage testing of your product and you have announced the readiness to begin the next phase close beta testing that will be based on invite only mode. Since you describe this next phase as a classic product-market stage where certain functionalities and business segments product will be tested with the possibility of adding them to your roadmap, can you tell us the category of users you intend to invite for this stage? Are there anything an interested user can do to qualify for an invite in order to reap some early adopter benefits?
While some projects practise burning and buy back to maintain the deflation status of their tokens, some others do not believe in burning. You said your Tokens are too valuable for you to burn them. But don’t you think a burning mechanism can further help to improve the value of your “valuable tokens”? What alternative mechanism as opposed to burning will your project utilise and what method will you use to counter the effect of any sell pressure that may arise from trading activities after token launch which may increase the amount supply of your token in circulation?
You have indicated about four utilities of your token, Governance, Liquidity Mining, Access to the Features, and Community Rewards. Although the first two utilities are clear, I wish to get an explanation about “access to the features” and “community rewards”. What type of features are confined for token holders? Conversely, is it mandatory to hold your token to access all the features on the platform? On the other hand, what kind of community rewards are available for token holders? Can a user increase his chances of winning the rewards by holding a higher amount of tokens? In addition to the above four utilities, do you offer any passive income opportunities or privileges for token holders?
I saw that the registration for your Power Launch is currently open. What is the deadline for applying? In the form, you have asked about the contribution amount in USD. Should this be the exact amount we wish to invest? For example, if I fill as 500$, but will only be able to invest 450$ at the time of purchasing, do I loose my opportunity to buy your tokens? Should we buy your tokens with USD? Cannot we use major cryptocurrencies such as BTC and ETH according to the USD value we fill in the form? Is it mandatory to fill this form if we wish to purchase tokens? Moreover, you have asked about the value that we bring to the growth of your project. What type of details do you expect for this? Should it be related to the growth of the community or the development of the project? After we fill and submit the form, how long will it take to receive a response?
It caught my attention that Escrow Protection is enabled on your platform. Thank you for paying attention to the security of our funds. Although I am familiar with the Escrow concept, I wish to know whether you have introduced any unique features when you use it on the platform. What type of KYC documents do you request from users? Although the Escrow is a great method to ensure the security, we cannot determine a platform as 100% secure just based on the availability of that feature. Thus, please explain what are the additional security features and how do you intervene to recover the funds of the investors if the platform faces any issues.
The future of MilestoneBased is AI driven and that is why you have made partnership with Go-Influencer.So what avenue of mutual benefits will you both achieve together?What unparalleled synergies will this partnership bring?What multiple avenues will this partnership bring that will ensure that both project will achieve success in the long run?And Since you will be collecting data from projects roadmaps and VCs portfolios,how then will your machine learning function?And how many AI based collaborative options will you offer VCs and Startups? Please explain Thanks
Since 2018 your platform have been in the testing/Demo stage.My question is,why such a long period of time?Any reason for that?What have you achieved during this test phase from the feedback you gotten from users before your platform finally goes live?After the Demo stage,you will have a Beta Launch of your platform to work on Product/Market fit,so tell us will this launch be opened to the public or will it be done based on invitation?I also noticed that you will have a token launch which you name as Power Launch.So can you please explain why your token launch will be called Power Launch, any reason for that? Please explain Thanks
To help Smaller Firms to adapt and not left behind by larger firms who are getting past marketing decks and are using deeper analysis tool at their deal flow,minestoneBased wants to help this firm promote their knowledge to the universe of startups,to track and organize their pipeline of opportunities,criteria based pipelines,and single binded matching.So can you tell us what techniques will you provide to help portfolios companies stay on track and execute their firms knowledge effectively?What kind of work flow tool will help them to track and organize their pipeline of opportunities?How will the use of criteria based pipeline functionality help this firm to sour e out well aligned deal opportunities?And can you explain to my understanding what “Single Blinded Matching” really means?Please explain Thanks
You will have a somewhat fair token launch and you said there will be no pre-sale, seed or private sale. You said this is necessary to knock off selling pressure from private and early investors. Investors will be able to purchase your token directly from DEX as soon as you list them. However, on your website there is form for investors to register for your power launch and indicate the amount of USD they are willing to contribute into the power launch sale. What is power launch and what is this registration for since you don’t have any intention to conduct pre-sale, seed sale or private sale? When do you intend to launch your token and on what blockchain network will your token be released on or is it going to be a multi-chain coin?
One of your proposed services including connecting VCs and start-ups so that the startups can have access to seamless funding. Do you have a particular industry you have in mind for this or start-ups from any industry are eligible ? Also, a trait of most VCs is to try to control everything about the project they are investing in. The start-ups definitely have their own objectives which might not entirely align with the VCs objectives. How are you going to protect start-ups in this situation so that they are not forced into deviating from their objectives?
A problem you have identified in the mass adoption of blockchain has been constant cases of fraud. One group of individuals this is common with are escrows. You have proposed the idea of blockchain-based roadmap management platform to combat the occurrence of fraud. Can you explain how this blockchain-based roadmap management platform work?
Investors by investing via milestoneBased’s platform rather than traditional methods and large tranches can be confident funds are secured and also benefit from data-driven insights. What mechanism have you implemented to ensure investors funds are safe? How would your data analytics and machine learning functionality benefit investors and what kind of insight would it grant them? Lastly few days ago milestoneBased and GOinfluencer signed an MOU focused on revamping the crypto investing model utilizing AI and machine learning. So can you tell us more about the importance of this partnership with it’s benefits to both your ecosystem and users?Thank you.
Milestonebased is a very interesting project which uses blockchain DAO and smart contract,in recent times the cryptomarket is experiencing an influx of new crypto projects and their is a power struggle the competition is high, How do you evaluate your strength and weaknesses against other competitors in the market?The milestonebased platform have unique strategies that will attract potential investors in the future,Do you think you have what it takes to handle an expanded user based audience in the future?
In the crypto market most token goes down,the reason being that,the sell pressure these projects have is as a result from the private investors buying at a lower price and then liquidating their position.Will the MilestoneBased token experience this fall too?Do you plan to launch a presale?What effect will a presale launch have on your platform?Lastly, will not having a presale launch help reduce the pressure from this private investors?
MilestoneBased is incubated by Applicature and it’s a blockchain development agency.With that in mind,I want to know, with this agency as a backup ensure 100% safety and security on transaction and data when connecting with MilestoneBased network? You mentioned that this platform will track transactions,does this include transactions on each user wallet on a daily basis?What are your gas fee charges?
MilestoneBased foresees the implementation of several reward strategies:
1) We will have the Roadmap library.
2) CEX’s plans will be announced closer to the launch of the token. What is the RoadMap library? What are your CEX plans? How will users obtain rewards through these products or strategies? What will the rewards be?
Q2,with advent of crypto currency bitcoin and blockchain technology was first introduced in 2008, and since the we have seen tremendous growth of distributed networks as a way to conduct “trustless” commerce, The blockchain provides so many benefits of transparency, security, accessibility, The collaboration in a startup funding environment and their portfolio of startups is a key area of finance where the benefits of distributed networks can add tremendous value.and we understand that this new area of
technology, the road to maturity and adoption is messy. Hearing about fraud and investors losing money seemed like a weekly occurrence a few years ago. Billions were lost, and hundreds of millions were stolen- $200 million a year in the UK alone according to a recent studies shows so for some reasons we were made to understand the founding of milestone based roadmap platform was deployed for elevating the security and efficiency in startup investing, and meeting the need of the crypto the question is what if some issues like system glitch happen and data where distroyed what is the alternative majors ?(2) what happens to invested funds?
MilestoneBased Does not collect money. Their incubation company, Applicature.com, provides them with the full-time development team. They have their own VC – mempool.ventures, so they can move on. What is Applicature.com? What is mempool.ventures? How do both products work? How do these products provide benefits to facilitate the development of MilestoneBased?
Currently MilestoneBased is finishing the test / demonstration stage in other projects of our incubation company Application. After ensuring that the platform has passed all the essential tests, we move on to the Beta release. What is the application? How does the application work? What are its advantages? When is Applicture available?
MilestoneBased, which raised security and efficiency in the initial investment and met the crypto community’s need to use blockchain solutions on their own and foster their adoption. How did MilestoneBased increase safety and efficiency in the initial investment? What are the layers of security tools and products that MilestoneBased has? Are they a very secure platform?
MilestoneBased is the first company to leverage a blockchain DAO (Decentralized Autonomous Organization) and smart contract custody capabilities, in an automated governance and milestone achievement management platform. How does DAO take advantage of MilestoneBased? How does DAO work in MilestoneBased? How do you take advantage of the custody capabilities of smart contracts?
MilestoneBased sees the opportunity to help investors gain new insights to make more informed decisions. This will affect new and existing investment decisions and help venture capitalists understand the levers of performance. What tools does milestonebased provide investors with new knowledge to make decisions? How do these tools work? MilestoneBased account with teaching tools for investors? What are these?
You guys shared with the community a few weeks ago that an IDO (Initial Dex Offering) token launch is planned in the first quarter of 2022. Will MilestoneBased host a pre-sale or private sale? Will you launch a whitelist for users interested in guaranteeing their spot and having the opportunity to buy? Do you know approximately in which month this IDO will be hosted? Will it be starting the first quarter of 2022, in the middle, or at the end? Have you already been in contact with some platforms to make a partnership and host the IDO there?
Q2,This milestone based project is fascinating to know that milestoneBased is the first company to leverage a blockchain DAO (Distributed Autonomous Organization) in a ground-breaking milestone collaboration platform for investors and startups, and also u said platform offers investors superior capital efficiency, process efficiencies, and automation of a collaboration process that can take many months. Investors can be confident funds are secure, they benefit from data-driven insights for decision making, and the path to monetization and liquidity of their investments is faster. and the startup teams has access to crypto investors funding to achieve specific milestones for strengthened performance. this shows how secure and reliable milestone based has grown to dominate the Dao space but my question is Whis will be the monetary involvement in all of these? lastly if the startup teams have access to crypto investors that means there will be gas fees what will it cost and investor?
milestoneBased mission is to automate and dramatically improve milestone management using Roadmap design tool and collaboration between crypto investors and their portfolio startups. How does your roadmap design tool work to provide milestone management and what are it’s features? Secondly since projects will receive funds for the next milestone based on progress and roadmap execution, how will you ensure that Projects always have investors at each milestone? Also since investors will have more control over their funds, How do you ensure long term investors for startups so that they don’t get stranded at critical point of project development?
I read that this month of December you will have a Beta launch, so could you give us details of this launch, what is the objective, what kind of users will be targeted, what will be the benefits offered to those who participate and how long do you plan this version to last?
I know that the IDO token launch is in the first quarter of 2022, so could you share with us, where it will be held, if it will be a private sale, and if so, what should we do to get a place on the list, also could you tell us, where we can keep us informed about the progress of this event?
What are the most common difficulties and barriers that investors and startups may face in the crypto field, and what is the scope and proposals that milestoneBased can offer to ease the way in this rough and complicated market?
Many people want to learn about your project but they have problem with English, so do you plan to spread awareness about your project in different countries where English is not good? Do you have marketing strategy aimed at developing many different communities?
As the bridge between Startups and Investors, does MilestoneBridge always accept all submitted projects? Is there a screening criteria for Startups? What are the standard consideration for Startups to receive funding? Is there monitoring and evaluation process for approved milestone project?
Only getting users, holders etc is not everything. In my opinion, a project needs to deal with solving a real world issue or problem What is the problem that your project primarily focuses on?
I believe Milestone Based has received hundreds of projects that have submitted their startups project proposing fund from investors. In other side, were there many investors who successfully funding the projects too? And can I be investors? What is the mechanism work from Milestone Based if I found a prospective and profitable project to invest? And finally, is there any possibility to talk and discuss the project directly between Startup and Investor?
What the platform offers investors in terms of decision-making and the path to monetization and liquidity of their investments, could you explain a little about the process of verifying a funded milestone is complete, which is your priority at this time Where does the capital for financing come from?
What do you consider to be the problems that currently need more attention, what do you think is the origin of the existing problems of a broken fund management process in the cryptographic ecosystem, what are the opportunities that the platform has in the cryptographic financial system and traditional, what are the contributions of MilestoneBased to the Defi culture and to the financial system in general?
milestoneBased is on a mission to fix a legacy system of VC capital inefficiency by revolutionizing milestone management collaboration between crypto investors and startups. but could you explain to us, how exactly do you leverage blockchain DAO and smart contract capabilities, tell us how the platform manages milestone achievements and governance, how it motivates good performance and what would investors be achieving, if they use your system?
Nowadays, influential people have a great impact on the adoption of the projects, that is why I would like to know if MilestoneBased, has thought to include this type of people, to publicize their functions and achieve greater adoption of the project, tell us if you consider this option and take the opportunity to mention, what marketing strategies are implemented to publicize and make MilestoneBased a project that at least everyone knows?
I learnt that the MilestoneBased platform gives Venture Capitalists and Angel Investors greater confidence from automated startup cooperation, capital efficiency, transparency, security, data-driven insights, and a faster path to monetization of deployed funds. Can you give more information about security? What are the measures to be implemented to ensure the security of the funds of investors? Is there any system setup to ensure that the startups in the MilestoneBased platform are not scam projects? How does the MilestoneBased platform ensure that the funds deployed by investors are diligently used by the startups?
A few days ago you announced a very important partnership between milestoneBased and Teneo Finance. Both ecosystems have signed a Memorandum of Understanding focused on working together to explore avenues of mutual benefit. When two projects form a partnership, it must be a win-win scenario. How can both ecosystems benefit from this partnership? What is the main focus of this partnership? When you decided to make a partnership together, what was your main goal or the area in which you wanted to work together?
milestoneBased recently announced its partnerships with Teneo Finance, and more recently with the Defi price protection protocol, Bumper. Been that these partners are amongst the many deals and alliances made so far by milestoneBased, can you briefly provide further insights on these partnership agreements; in what specific areas are both projects and milestoneBased to benefit mutually from each other, and what usually influences your choice of partners, bearing in mind the many others seeking same collaborations and deals? Also, can you give us a general outlook of all partnerships and deals made so far, from idea conception till date, how has it impacted on your services so far?
I read on your website that part of the idea of milestone Based, is that the team thins that Crypto investing model is broken. What are the problems the team can see in the current investing model, and how can these problems be addressed and solved in the platform you are creating?
milestoneBased is the first company to leverage DAO and smart contract escrow tools in an automated governance and fund management platform. how will all these new feature modify and improve crypto investing the way we see it now?
According to the roadmap, there are massive events planned for this project in Q1 2022. They includes plans to; unboard 30 new customers, have your first launchpad integration, have an IDO/ DEX listings, list on Coingecko and CMC, amongst many others. With the excitement that comes with the full implementation of these plans, can you carefully elaborate on them, how ready is milestoneBased for these 30 new customers and its official IDO and tier-1 listings, what should we expect from this front? Also, can you talk extensively on your proposed Launchpad, and the all important Platform Token integration; what would be the defining features of your launchpad, and how will the Token integration be carried out?
I found out that MilestoneBased will be hosting the “Sustainable Finance Forum” which is planned for February/March 2022. Can you give more information about this forum? Will this forum require physical gathering or will it be a virtual forum? Which group of people are eligible to attend this forum? Why did MilestoneBased decide to host this forum? What goal is to be achieved with this forum? Can you mention some of the things that interested individuals are to expect in this forum?
MilestoneBased just announces partnership with Ferrum Network in which they will help you accelerate your go-to-market launch plan. So,in return what will be the benefits that Ferrum Network can get from collaborating MilestoneBased? As
Ferrum Network will help you accelerate your go-to-market launch plan,can you explain more about the go-to-market launch plan in your platform? What will be the agreement between MilestoneBased and Ferrum Network in accelerating your go-to-market launch plan? Thank you
One of the main problems in crypto is that the investment model is typically broken. Some investment platforms are made promising but don’t guarantee any returns. So I’m curious, what solutions can Milestonebased offer to resolve the already broken investment model? What various products can you offer to slowly fix the traditional way of investing?
Milestonebased utilizes Escrow protected smart contracts. Can you tell us how does leveraging this type of smart contract helps in automating DAO governance? Why did you choose Escrow? What is the advantage of using this effective in your smart contract? What type of protection does this bring in smart contracts since contracts are easily disrupted and hacked?