We are pleased to announce our next AMA on December 13th 2021 at 05:00 PM 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 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?
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 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?
MilestoneBased- I understand MilestoneBased combines next- general planning and strategy execution tools with powerful networking and discovery features. Could you please explain to us what these strategy execution tools Milestone Based has designed to help startups, Vcs and funded companies achieve better alignment?
Milestone Based – your Watchword as I understand is Plan, Execute, Get funded. My question is in view of your catchword or philosophy, MilestoneBased basically is to help upcoming startups and young Entrepreneurs get established firmly in their startups and thrive as well, at what point do MilestoneBased get involved in the planning of these startups? Most importantly, how could MilestoneBased be reached for discussion from a startups for your professional guidance? Lastly, do MilestoneBased doles out funds to these startups or solicits for funds for these startups? Please explain to us.
Unarguably, there are well established models for efficient and thriving businesses in the 21Century business world in line with the business ethos which you did mentioned. However, every business has it’s secret that makes it thrive over the other. My question now is, could you detail us any of these your cutting- edge tools to monitor portfolio companies more effectively and supercharge Lp reporting? Lastly, could you please tell us any of those comprehensive intelligence on the preferred strategies and guilding principles of early stage venture capital firms and powerful strategy execution tools and necessary for both pre and post investment informed decisions? Thanks
One issue that’s arising in crypto industry is lack of 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 enroll and use 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?
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? 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
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. Thank you
I learnt that milestonebase has partnered with one of the leading smart chain auditors zokyo and GOinfluencer. zokyo is a full-stack tech partners that provides companies with top-notch security auditing as well as the resources to build, secure, deploy and grow their platform and GOinfluencer are focused on exploring avenue of mutual benefit.Can you tell us how much you have achieved from the collaboration with the two platforms and what we should be expecting in the future?,what are the challenges you experienced synergizing milestonebase and the other companies and how you tackled it or how you intend to tackle it?
I understand that milestoneBased is currently at the Demo stage with several customer users helping in collecting feedbacks to enhance the UX and functionality .That is to help improve the efficiency of teams with proper management of roadmap and milestones execution, or implementing DAO model and community governance to embody voting.can you tell us how far you have gone with the feedback collection and when you intend to move from the demo stage to the real stage of the platform?, please elaborate on the DAO model you will be implementing and it’s features?
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?
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?
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?
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?
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.
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?
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?
Milestone Based calls itself to be the first company to leverage a blockchain DAO (Decentralized Autonomous Organization) and smart contract escrow capabilities, in an automated governance and milestone achievement management platform. MB helps startup teams be more motivated and focused for strengthened performance. Please talk more about the process of evaluation and acceptance of your customers (startups). Should it be a startup in any particular sphere of crypto? Have you already negotiated with any startup and explain what exactly you did to help them? Thanks!
Passing through your blog, we can see a lot of news of partneships with Zokyo, Goinfluencer, Ferrum Network, Teneo, Bumper etc. Could you talk more the goals of these partnerships. Do they help MB in designing future algorythm? Are any of them potential startups to be checked and validated by MB? What is their feedback abuot MB and the progress done so far? Thanks!
milestoneBased is said to automate and dramatically improve project’s milestone management using Roadmap design tool and links crypto investors and their portfolio startups. How does your roadmap design tool work to provide milestone management and what are the features of this tool? I also read that projects will receive funds for their next milestone based on progress and roadmap execution. My question is Who control and decide if the next milestone fund should be released? how would you ensure that startup Projects always have investors at each milestone, so that they don’t get stranded at critical point of project development?
Investors who invest in Projects through milestoneBased’s platform will enjoy special safety of funds and also benefit from data-driven insights. Also recently milestoneBased and GOinfluencer signed an MOU focused on revamping the crypto investing model utilizing AI and machine learning. So what special mechanism have you implemented to ensure safety of investors funds? How would your data analytics and machine learning functionality benefit investors and what kind of insight would it grant them? Lastly can you elaborate on the importance this MOU with GOinfluencer to both your ecosystem and users generally and how utilizing AI and machine learning will revamp crypto investing model? Thank you.
In the MilestoneBased roadmap for Q1 2022 I read that you plan to carry out the IDO Launch and DEX listings. Two very important events that the community is very excited about. Do you already know in which month of the first quarter the IDO will take place? Will it be in January, February or March? What details can you share with us in advance? How much will the token allocation be for the IDO? As for the DEX listings, have you already thought about which DEX you will list the token first?
As far as I understand, Milestone Based plans to make the process of evaluation 100% automatic to predict future behaviours. This will help investores gain new insights to make correct decisions. This will also help VCs understand the levers of growth performance for reaching monetization faster. In order to guarantee the growth of MB reputation this automative mechanism must always produce correct decisions. Do you really think it is possible in crypto world where there’s no guarantee on anything? What responsibility will MB keep if the mechanism is not as effective as expected?
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
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
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
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
At the moment, all tokens go down in price even with great partnerships, hype, marketing, and working products, etc. So, what the challenges do you have and the plan to make your project strong popular? Are you see it as an opportunity while the current market decline?
By using the power of a blockchain DOA and smart contracts, how do you identify the strengths that milestoneBased has to compete with its existing competitors? And what weaknesses that it has to overcome to aproach a larger number of users in the current time?
Do token holders have right to participate in the governance of the project? On What kind of decisions can they vote on about the project? How do you keep yourself motivated for more developments and non-stop work in this Covid-19 pandemic ?
For this last quarter you mention on your roadmap as checked “Legal incorporation”, could you tell us in which geographical areas your company is located and under what legal parameters is it guided? Is milestoneBased a totally decentralized project in this sense? What functions does the legal team have?
I could see that on your website there are the logos of Kaishi and GameStation, could you tell us what function these projects have on your platform? Will milestoneBased be connected to gaming features? What features of the ones you offer could be beneficial for this part of the DeFi world?
Do you believe that it will be possible through MilestoneBased to create a world where decentralized networks drive the next generation of startup growth, improving business and society, which factors may intervene in the stability or variability of the price of your token, which you plan to implement. To make your project attractive even after its launch, tell us a little about your strategic partners and DEX collaborators as an important part of its development?
What is the MilestoneBased governance system, what degree of participation and in what aspects can the community participate, so far what have been the barriers from the expansive point of view that have been presented to them, have they been in the market before and after the Covid-19, so tell us how has this process been to remain active, and please tell us what the effects of the pandemic have been on your platform?
In a previous AMA session they mentioned that the blockchain functionality could not yet be verified, because they were going through an internal testing phase, what is the current status of that or procedure, please tell us according to your roadmap What are your plans and so far what have been your goals achieved and milestones resolved, do you have an event scheduled to close 2021 or start 2022, considering that your platform is under development since 2018, how would you rate its evolution and permanence in the market?
t seems that you have two types of target groups, 1. VCs and Angels 2. Startup Teams. Can you separately explain what type of features and privileges you offer for these groups? What is the procedure of joining with your platform as a VC/Angel and as a startup team? On MilestoneBased platform, who has the priority between these two? To get the maximum benefits from your project, do I need to be a VC/Angel or a member of a startup team. Further, please let us know whether a member of a startup team can also be a VC/Angel on MilestoneBased using the same account. In addition to these two main groups, do you have any plans to open your platform for more categories?
Your digital signature voting platform automates investor’s approval/decline on project milestone requests. Since this concept is new to the community, can you deeply explain how does it work and what are the advantages of this method? Currently, several platforms including social media pages of famous politicians get compromised due to various attacks. How do you assure that your digital signature voting platform is secure? What type of measures you have taken to prevent hackers from stealing digital signatures? Compared to similar platforms, how does MilestoneBased voting platform differ in terms of user experience, efficiency and security?
According to your roadmap, you have plans to create dedicated knowledge sharing hubs in 2022. Can you give a sneak peek of this event? What type of knowledge you are going to share? What are the resources you are going to use? Since you have used the term “knowledge sharing”, I am curious to know whether this will be an interaction among users of MilestoneBased. Do experienced users have to share their knowledge with newbies? Do you offer any rewards for that task? To join these hubs, are their any prerequisites such as holding a certain amount of tokens? Further, how do these knowledge sharing hubs will be beneficial for the development of the platform?
Because the investment model in cryptomoneds is broken, there is capital inefficiency and processes, lost funds and experienced founders with execution problems, how does the MilestoneBased company take advantage of the guarantee tools of intelligent contracts and DAO on a Auto platform How does it allow the opportunity to improve alignment between supply and report generation? How will it allow improvement in efficiency and performance with networks, supply, integrated reports and monitoring? And can you tell us, how will you improve the performance of these companies that decide to join MilestoneBased?
In the current world the smaller companies must adapt or be left behind and also, I agree that the data is the king. Larger companies are using a deeper analysis at the top of their transaction flow funnels, what help, solution and significant contribution offers the platform? What kind of opportunities does it offer to these companies, to make the way a little easier? For which means allows companies to identify a problem? And how does Milestonebased help the portfolio companies stay on track and execute effectively?
How do you handle milestoneBased advice, is there a lot of experience from venture capitalists and entrepreneurs on how to implement the strategy and achieve success? What’s the best way milestoneBased has developed for fundraising for startups? What groundbreaking ideas do you come up with, to move past inefficient email outreach, among other outdated methods?
Information gotten from your roadmap suggests that milestoneBased will have its; Beta Product Launch, On-board its first paying customer, and roll out an Integrated Marketing Campaign, all in Q4 2021. Since we are almost winding down the quater and year in general, may we know the current stages with these plans, have they been concluded, up and running? Can you also guide us through some of these plans as listed, what products will be rolled out as part of your Beta Launch, and can you give us a thorough overview of your planned Integrated Marketing Campaign? Finally since you will on-board your first paying customer as well as adding a estimated 30 new more by Q1 2022, can you let know some of the projects and industry names you wish to work with?
Going through your website and related blog posts, there is little information on your token, except a list of its expected utilities. However, I noticed that milestoneBased (mB) will be having its Power Launch and registrations are ongoing. So firstly can you kindly elaborate on the functions and utilities of the milestoneBased native token,what would be its ticker and what chains would it support? Also, since the power Launch registration is open to the public, with each investor expected to specify how much they would contribute to this Launch, how would mB ensure this process is transparent, is there a set minimum that can be contributed by a single wallet?
What is your strongest advantage that you think will make your team leading the market? and In contrast, what is your weakness? How do you plan to overcome it?
Do you have a whitepaper? if yes please share it with us and secondly are you working to AUDIT your project, to make its security more secure and reliable?
Can you share to us your tokenomics? How much is the total and circulation supply of your tokens? Will there be buy back system or token burning in the future?
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
I found out that in your Fact Sheet,your roadmap is good for 7 years already in which it is until 2028,so do you have any plan to enhance or upgrade this roadmap since 7 years is such a long time? Why do you advance your roadmap for 7 years? Is this already final or there will be more schedule and plans to add with your roadmap? As you have 7 years roadmap,what is the top priority of your platform to achieve with those 7 years? Thank you
Is your platform suitable for crypto beginners? Or does it only limited for professional users ?Hello Sar
Do I want to invest in your project? I like your token a lot. Where can I buy your token now? Is the price attractive to buyers?It’s easy to make a token but it’s really hard to make this token valuable? So what’s your startegy to make your token more valuable and what’s your plan to maintain token price and supply?
Dear sir,
I am asking a very serious question about your project. Please tell me about your token. I am very interested to know about this token.
⏩Can I use this token in both game and binance?
⏩Will
What are your plans on GLOBAL adoption? Which country is presently focused on ?