We are pleased to announce our next AMA on March 29th, 2022 at 01:00 PM UTC Time: Satoshi Club x Libcoin
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Libcoin Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Libcoin Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Libcoin
For more details:
Libcoin Website – libcoin.net
Libcoin Telegram – @libcoin_official
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
4) NFT is a hot topic these days, but NFT isn’t just for the arts. Does your project think that more real world use cases will emerge for NFT as time goes on, why should we take NFT seriously?
Do you have AUDIT credentials or are you working to AUDIT your project, to make it more secure and reliable?
Question: Which part of the project are you most focused on right now and How many killer features of Your project that makes it ahead of its competitors Could you tell us 2-3 features the Project?
MY Q.SIR
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Security and anonymity are always prioritized by BlockChain projects in the development of project platforms and technologies. So. does you have any technological solutions or plans to enhance user trust in these issues…???
Security and anonymity are always prioritized by BlockChain projects in the development of project platforms and technologies. So. does you have any technological solutions or plans to enhance user trust in these issues…???
They really take into account the opinions and recommendations of the community, what is needed to be a member with the right to participate and make relevant decisions, what are the main risks to which their protocol is exposed, how can they protect users, how will it be exactly the mining pool system, when will it be available?
1)Can this project belongs to web3
2) So many rugpulls these days and investors especially newbies are being discouraged, what would you put in place to assure them that their funds are safe in other to restore their confidence back?
Libcoin is described to be a supercharging crypto, please explain in details what this means? What are the major utilities of Libcoin? What are the long-term plans to be put in place to prevent or minimize rugpulls and also encourage short term investors to invest long-term?
3) If Stake Dapps How much Apy Given to me?
Libcoin – I read on your website that Libcoin is Supercharging Crypto by plugging in the first tokenized Gigifactory, and the coin democratizes access to a new class of investors to participate in top-tier green energy investment. Please we need you at Libcoin to tell us more about this Gigifactory? What is the use case of Gigifactory in Blockchain? You did said that the coin democratizes access to a new class of investors. Could you please explain to us enthusiasts the kind of class of investors Libcoin encourages ? I learnt that Libcoin aim to start a Gigifactory of Lithium-io batteries built in a consortium with relevant partners. Could you please tell us where this Gigifactory of Lithium-ion batteries will be situate/located at ? Who are your partners? Finally, DURACELL has been known as a reputable company when it comes to batteries, is DURACELL amongst your partners? Please detail us. Thanks
From your website, i read that Investment in LIB tokens will support establishment of India’s first lithium-ion manufacturing Gigafactory. I’m curious to know, Who are going to be the main beneficiaries of this India’s first lithium-ion Gigafactory when it’s fully established? What are going to be the special benefits to the investors who invest $LIBCOIN token in the Libcoin platform for the establishment of India’s first lithium-ion Gigafactory? Thank you.
It was stated that the Libcoin token is backed by green investments into Lithium-ion battery gigafactories and the capital raised with the LIB token will be invested into the construction of a lithium-ion Gigafactory. I will like to know the various ways that the LIB token would raise capital to fund the construction of the Gigafactory.. What will be the initial capacity/output of the Gigafactory in Gigawatt hours (GWh) and will there be plans for expansion?.. You had mentioned that the advent of the Gigafactory will give room for employment opportunities.. What exact number of persons will the Gigafactory be looking to employ for a start?.. Which technological company/parnters are you working with to make the Gigafactory project a successful one..? When will the Gigafactory be fully ready?
Hello Libcoin Team – I read that LIBToken functions will be rolled out in two stages, the base model including the BURN-AND- MINT setup, as well as partner distribution is active from launch, and more advanced governance and Staking functions are projected to be launched within 2 years , and stage 2 which has governance, staking and rewards you did said, provides staking to participate, and Token holders can vote on Minting new Tokens and give their opinion with polls and participate is rewarded with Token distribution to stakers. Now my question is, what minimum of LIB does a participant is allowed to stake, do you have any such? Please tell us. With regards to your reward distribution, Could you please give us sneak peek as to the ratio of the reward distribution? Finally, I learnt that customers receive LIB Tokens when buying from partners Could you please elaborate to us as to how customers could receive LIB Tokens when buying from partners?
I interestingly read from your website that libcoin will be the first crypto asset that offers potential holders exposure to investments and rewards in the booming battery technology industry. How can a person who’s new to the crypto space become a holder of the $libcoin token and also what are the requirements needed for such individuals to be a user/member of the libcoin platform? Lastly, what are other rewards to be given to the holders of the $LIBCOIN token in the Libcoin platform? Thanks.
In order to minimize the time to market and allow for timely development of the Gigafactory, the LIB token functions will be rolled out in two stages which are;
-Stage 1; Development & Burning
-Stage 2; Governance, Staking & Rewards. Can you give an insight on these two distinct stages? How will these two stages help in minimizing time to market and the timely development of the Gigafactory?..How will the LIB staking work, what rewards will be given to users who stakes $LIB, will they have a voice in governance? When is each of these stages set to roll out?
Gigafactory Nevada owned by Tesla and Panasonic is still only about 30% of the planned overall size and it recently produced it’s one millionth battery pack. They use the Lithium Ion packages. You aim to start a Gigafactory of Lithium-Ion batteries built in a consortium with relevant partners. Do you think your project can compete and replace Tesla’s batteries in the future? What are the unique features you plan to integrate to make this project the best? Would you consider partnering with other big battery companies in the future? Can you tell us more about your relevant partners?
ETH 2.0 comes with very high challenges to investors like high gas fees and you just got integrated in the ETH Blockchain. I learned that you are focusing on CEXs in the first phase. And I also checked your roadmap, it has Q1 and the moved straight to Q3/Q4. Can you please tell us what major events will occur in the Q2? Will your project become decentralized in the future? How do you plan on solving the issues of high gas fees?
I learned that the LIB token functions will be rolled out in two stages. The base model including the burn-and-mint setup, as well as partner distribution, is active from launch. More advanced governance and staking functions are projected to be launched within 2years.please can you elaborate on the burnt-and-mint setup and how it will be implemented in the LIB token?can you enlighten us on the advance governance and staking functions that are projected to be launched?what are the advantages the advanced governance and staking functions will offer?
Hello Libcoin Team – it caught my attention that Libcoin is on a mission to Rescue with the electric vehicle boom (plus non-car EVS and consumer electronics), and it is forecasted that there will be 8-10 x surgebin battery demand and Gigifactories to build them and Libcoin will be there to save the day as we were assured. Please tell us how Libcoin with its Gigifactory intends to achieve this feat? Good marketing strategies is Paramount as well as collaboration. Outside of India and Australia, where else does Libcoin looks forward to establishing it’s presence and product? Finally, I learnt Libcoin is officially an asset on Ethereum product chain and has 500Mn $LiB Tokens to be distributed to it Community members. Could you please tell us the market price of $LIB Token both on your private and public sales? Thanks
From my findings $LIB token Is a very nice project and I am very much interested to part of the energy revolution.so a registered for the public sale but date and requirements are not presented on the whitepaper.please can you share the date for the public sale?will their be any form of KYC after I have registered?Also can you tell us how a user can acquire the $LIB token?
From my research, I noted that Libcoin currently plans to become a key player in the in global lithium-ion battery market which are a key component of the electric vehicles market. There are some notable companies that have been involved in manufacturing of batteries for Electrical Vehicles(EV), they include; Panasonic, CATL, LG Chem. These three companies alone controls about 69% of the market so I must say that you really have big competitors on this. Libcoin however uses a crypto-based approach. What edge will this crypto based approach to green energy give Libcoin over major competitors?.. What will be the major uses cases of $LIB in your ecosystem?. What regions of the world do you plan on covering with the Gigafactory innovation?. Do you have plans of organising awareness programs to educate people in regions where EV’s is not a thing yet about the benefits of green energy?
Seeing AVASS as a member of your consortium really caught my attention because they hold a Guiness world record for manufacturing an EV bus with the longest range (About 1000km). So far, I will like to know how Libcoin’s relationship with AVASS has helped in the project’s development. Will your Gigafactory make use of the same technology as AVASS? Apart from AVASS, which other company is a member of your consortium? Do you have connections with regulators and governmental bodies ( For ex; Ministry of Power) to further increase the project’s solidity?. Building a Gigafactory can take up to a Decade, what strategies/measures will Libcoin use to make sure the Giga factory gets up an running as soon as possible?… How about funding? How will funds for the development of the Gigafactory be generated?
It was stated that Libcoin has committed 25% of annual profits from their battery factory to be used to burn libcoin. Why did Libcoin commit such a quite large percentage of profit generated from the battery factory to burning Libcoin? What major advantage will the burn function hold for Libcoin in the long run? Will there be minting functions too? If yes, Under what conditions will Libcoin be minted? In what ways will the remaining 75% of annual profits be used on the platform?.. Talking of Liquidity, what plans do you have to ensure sufficient liquidity on exchanges to fill market orders especially as the adoption of Libcoin increases?
I found out that your public sale is LIVE and that LIB token offers a range of functionality and utility to token holders. Can you give us more details regarding your public sale? What are the requirements to participate in your public sale? How can we be whitelisted, do we need to be Verified(KYC)? What is the hard and soft cap of your token? I will like to know how will the money supply from the sale be managed? How much will be sold during the token sale? And what functions will your token have? Lastly when is the deadline for participation?
The coin democratizes access to a new class of investors to participate in top-tier green energy investments.how can an investor participate?
What are the steps and criteria for an investor participating in the project?
I read that the green $LIB tokens will be accessed through Ethereum Blockchain technology and will later be converted to Ethereum w 0 in 2022.So can you tell us why it is decided that the $LIB tokens will be accessed through the Ethereum Blockchain considering the fact that the Ethereum gas fee is something that pissed off most investors?Will you later consider that the $LIB tokens be access through other Blockchains existing like a kind of cross-chain bridge?You also plan on adding an Initial Dex Offering (IDO) over Ethereum,so when will this plan be actualized?Please tell us the % cost of transaction fee with $LIB token.Thanks
I read that the green $LIB tokens will be accessed through Ethereum Blockchain technology and will later be converted to Ethereum 2.0 in 2022.So can you tell us why it is decided that the $LIB tokens will be accessed through the Ethereum Blockchain considering the fact that the Ethereum gas fee is something that pissed off most investors?Will you later consider that the $LIB tokens be access through other Blockchains existing like a kind of cross-chain bridge?You also plan on adding an Initial Dex Offering (IDO) over Ethereum,so when will this plan be actualized?Please tell us the % cost of transaction fee with $LIB token.Thanks
I read from an article about Bharat Heavy Electricals Ltd (BHEL) and Libcoin are in talks to set up a consortium to build a lithium ion battery plant in India with an initially capacity of 1GWh but later capacity at the lithium ion battery plant will be augmented to 30GWh in due course.Though this partnership was announced 2 years ago,I would love to know when will the construction of building the Lithium ion battery plant in India start and when do you plan to finish it?And will Libcoin enabled battery monitoring and analytics for EVs and a stationary storage that enables predictive maintenance and usage optimization that can extend battery lifetime,helping
to reduce the need for new batteries and supply chain pressure?And have you gotten any license from the India government to support what you are doing? Where will be your next line of attention after India?Please explain thanks
Hello, the Libcoin team.
Having studied the documentation and ideology of your project, I have a question. Is there any chance that tokens will be considered as securities in your business format, following the example of the same XRP? For the most part, crypto projects are not backed by any physical property and their real value can be estimated only on the basis of monetary or user metrics. You will also have the provision of real production and products. It reminds me of a traditional business. A traditional business usually attracts investments by placing shares or bonds. Please tell us, have you worked out the issues of legal justification for raising funds through cryptocurrency? Tell us what solutions to this issue have you found?
Hello, the Libcoin team.
Having studied the documentation and ideology of your project, I have a question. Since the company’s business processes involve real production, and not just code and digital interaction, accordingly, it is necessary to build this very production. Please tell us, is there already a battery production plant running? If not, at what stage is the construction of the plant? Is there at least his project already?
Hello, the Libcoin team.
Having studied the documentation and ideology of your project, I have a question. You expect to use 25% of the net profit from the company’s battery production activities to redeem the $LIB token and burn it afterwards. As I understand it, it is planned to do this once a year. Based on this, as a speculator, I can buy a token before burning and merge it with a limit order into this purchase. It seems to me that a mechanism is needed that will minimize such cheating. Have you considered such a problem? What do you think about this and how is it possible to avoid it?
Unlike most crypto project whose token is backed only by digitally inclined products, the LIBCOIN will be backed by a physical entity; speaking of the Lithium-Ion Giga factory.. And this gesture is a noble one I must say..Welldone!
However building a Gigafactory and keeping it running needs effective management as well as funding. So here comes my question; What is the forecasted capital needed to build the Gigafactory? In what various ways will this funds be generated?What strategies/measures will the LIBCOIN platform use to ensure that the Gigafactory produces the best of products in order to attract users to the products considering high level competitors involved in the manufacturing of green energy batteries? Will $LIB be the only token supported within your ecosystem or will there be provisions for fiat payments too?
Thanks
According to your instructions, I submitted my name, email and contact number since I wish to purchase $LIB on Bitmart. However, I did not receive any response yet. Do you request any additional details for the Whitelist process? If yes, when I can expect a response? What type of details will be requested? What can I do to increase the possibility of getting whitelisted? In addition to the Bitmart Exchange, what are the CEXs and DEXs you may collaborate with?
Linking LIBCOIN with a Gigafactory is of a good course. But I’m a little bit curious; considering the volatile nature of the crypto market, what happens if a whale eventually dumps his/her LIBCOIN asset? Wouldn’t this affect the Gigafactory in any way?. So, making sure the LIBCOIN maintains value over time is a matter of concern.. What strategies will you use to make sure that LIBCOIN’s value will always appreciate in order to keep the Gigafactory’s function within good control and likewise protect investors?
I read that users can participate in Governance through staking. Can you elaborate more on this process? Is there a minimum staking amount? Do stakers with better amounts of tokens get more privileges in voting? By the way, $LIB partner rewards is financed from company reserves. How do you manage this mechanism in the long run? Since the staking community may enhance in the future, you may need some additional sources of income in addition to company reserves. Do you have any plans regarding that?
From my research, I noted that the LIBCOIN’s gigafactory will be based in India. Why choose India for a start? Do you have any plans of going more global; maybe going to countries that haven’t adopted the green energy tech yet?.. Encouraging people to adopt green energy mostly in the EV direction requires sufficient numbers of charging stations. Have you put this into consideration?
Considering the fact that you will be developing a physical asset (the LIB Gigafactory), this therefore means that there will be government’s intervention.. So far, which governmental bodies are you working with to make the Gigafactory’s project a successful one in the long course?.. Owning a Gigafactory may indicate paying very high taxes to the government; Is this also within your control?
As 25% of any profits from the battery business are converted into $LIB annually, your circulating supply will gradually increase. Then how do you generate scarcity to maintain the value of the coin? What is the reason to add your profits to the token supply? What type of benefits does the project get from this decision? If the battery business faces any losses, do you cover them by converting $LIB to the funds allocated for the business?
“The whale effect”; This had been a matter of concern as this has led to the crumble of most crypto projects.. LIBCOIN will be owning a physical asset(gigafactory).. I’m eager to know; how will LIBCOIN ensure that high shares of the token won’t be held by individuals that can decide to dump the token at anytime as this may prove catastrophic for both the token holders and the Gigafactory?
Greetings.
I Noted that Libcoin Aims to build India’s FIRST giga factory Gigafactory of Lithium-ion batteries worldwide by raising funds through investment in its sustainable crypto asset that not only accelerates the transition into clean energy but also fills a huge market gap. But as i was going through your Platform, i saw that Libcoin partnered with AVASS, which is manufacturing the EV buss with the longest range in the world, please i would like to know how you plan to Compete with other Big Firms like Tesla, since they are also into Lithium Ion batteries? What would be the Distinctive advantage of Partnering with AVASS? Lastly can you please tell us about the Numerous benefits that is Associated with Investors (Both Small & Big) In your Platform? Would they also be getting some Certain Commissions out of the Factory When its starts to make Profits?
Thanks.
Hello!
Please correct me If i’m wrong; LIBCOIN will be building a Gigafactory which will be based on manufacturing Lithium-Ion batteries. Considering this fit, does this mean that in order to buy LIBCOIN’s battery, I will have to make use of the $LIB token?.. There are some highly rated battery manufacturing companies out there.. hence, I will like to know; why should a user purchase Libcoin’s batteries instead? Will the price be fair compared to that of other competitors? How about the durability of the battery?.. I saw you partnered with Avass; a company that created the longest range bus on a single charge.. Are you making use of same technology as Avass?
1.Marketing is a central element for every project, so that everyone knows the potential that a project can bring is vital to achieve the goals set. What is your strategy to attract new users and investors to your project and keep them long term?
2. Most investors are only interested in immediate benefits instead of the real long-term value of the project. How can you persuade investors to invest in your platform in the long run?
3.Question: Will there be opportunities for open researchers to test the domains and applicationbfor bugs ad report them? If yes, what are your plans to invite users and any guidelines that you can give regarding this? As I am sure we all need security and more participation.
Why are you interested in starting the Gigafactory of lithium-ion batteries, what are the effects that this project can have on crypto activity and how it can influence the decentralized financial culture, do you consider that investors are really interested in investing in tokens with ecological purposes What is the real scope of your local or global protocol?
What is the main characteristic of LibCoin that can differentiate it from other similar projects, what are the complications to achieve combining the real world economy and the green energy transition, in addition to the tokenization of energy assets that other milestones have been proposed to achieve And what are your priorities, do you have a certified audit or are you planning to do it, what are the essential elements to achieve the long-term success and sustainability of Libcoin?
They have mentioned that in the future they will focus on transferring the assets assigned by the foundation, based on the fact that this transfer will be made, there are still plans to operate in other countries apart from India, how long the road to green energy can be and what will be the strategies and incentives that will be applied to attract and promote investors who know both the financial part and the ecology, what is the origin of the initial capital, who are its liquidity providers and what are the mechanisms to raise funds that are suitable for the commitments that the platform has in the long term?
They say that by becoming a LIB token holder users can be part of the revolutionary green energy investment technology… could you share all the details about your participation in this kind of green programs? How does Libcoin contribute to energy saving and what kind of protocol does it use to achieve it? Are they involved in mining functions? How do Libcoin actions in general affect the crypto world?
As I understand, Libcoin is a platform still in development phases, it is no secret to anyone that achieving the support of stakeholders at this stage is very important, therefore, you must guarantee the security of your funds at all times, can you talk to us of your security protocol? Is Libcoin a conventional platform that will perform periodic audits or will you implement a more modern system? What guarantees do you offer to investors?
Seeing that LIBCOIN will be funding the construction of a Gigafactory specialized in manufacturing Lithium-Ion batteries aroused my interest. From my research, Lithium-Ion batteries are mostly used by EV’s. But an issue I observed is that EV’s are more expensive when compared to their gas-powered equivalents which thereby implies fewer users. So I would like to know if you have put this into consideration.. Will there be sufficient buyers to meet up with the supply of the Lithium-Ion batteries in the region where the Gigafactory innovation will cover so as to avoid waste and losses..?
I saw little information on Libcoin Foundation. Can you explain more on the LIbcoin Foundation? What are the roles and function of this foundations? Can individuals register to become part of the Libcoin foundation? Can you share on some of the benefits users who belong to Libcoin foundation receive? You also mentioned customers receive LIB token when buyin from partners, can an individual become a partner to Libcoin? What are some of the rewards for Libcoin partners?
With Elon Musk pulling back the decision of accepting bitcoin as a payment for Tesla citing environmental impact of cryptocurrency. Can you explain on how Libcoin will work and meet up the challenge and democratize the community and also provide financial opportunity through its novel crypto asset? Can you share on some of your recent developments and partnership which you aim to use to bring sustainable use of cryptocurrency? Can you share on your roadmap and future plans?
The LIB token IEO is coming up 7th April, can you share more information about the upcoming $LIB IEO and where it will take place? What are the requirements for users to partake in upcoming $LIB IEO? I also noted that 25% of profit from Battery factories will be used for repurchase of $LIB Token. Why do you choose to use buyback as deflationary mechanisms instead of burning during transactions? what are going to be the utilities of the $LIB token in the Libcoin ecosystem?
No doubt, that I support your initiative to support green investments into Lithium-ion battery gigafactories. The capital raised with the LIB token will be invested into the construction of a lithium-ion Gigafactory in India. However, this type of production requires extremely high investments by at least hundreds of millions USD. In this case, it would be nice to know your financial plan to guarantee these funds and at the same time continue supporting and developing Libcoin financially, but also budget some marking activities for your community. So, what is your business model, tax system applied and funds distribution according to tokenomics? Thanks!
I read that Libcoin is also providing to its community a possibility of Governance through staking. Could you please explain in details what the users are required to do in order to have a governance voting rights? How much of Libcoin must be staked and for which period? What other advantages besides earnings throught staking are awarded to participants? Are you planning to apply antiwhale policy to avoid the decisions taken by huge amount token holders? Thanks!
I understand that Libcoin is a one-of-a-kind sustainable digital asset that has brought an innovative method of financing green projects through its platform for users to become a direct stakeholder in green energy transition. What are your advantages and unique features of your project? What are your strategies to attract new users and investors to your project ? What are your achievements so far and what are future plans for Libcoin in the future?
Partnerships are key to Project growth and advancement and I’m sure Libcoin has established several strategic partnerships to address the growing demand for green energy investment opportunities. Can you share with us, Who are your Partners? How do these partnership benefit your project And how will these partnership solve existing problems? Do you have plans of having more partners with time?
I read from an article that the state-owned Indian company Bharat Heavy Electricals Ltd (BHEL) and Libcoin are in talks to set up a consortium to build a lithium ion battery plant in India with an initial capacity of 1GWh. What is the progress in this regard and what will be your role in this battery plant? Considering the fact that the government is involved, don’t you think there will be any regulatory obstacle along the way? How do you plan to handle any regulatory issue that might come up, and are there other state owned companies you plan on partnering with?
I understand that the Libcoin token is backed by green investments into Lithium-ion battery gigafactories and the factory is to be built with Avass as a partner. Why did you decide to partner with Avass for this? What edge does Libcoin have partnering with Avass over other organisations? A giga factory could take 10 years or more to build especially in India. What strategies have you put in place to ensure building a giga factory does not take so long? And how do you intend to handle the challenges that will come up in this process.
I read from an article of yours that Libcoin is officially an asset on Ethereum product chain with a fixed supply of 500 million tokens, is set for a 2-stage rollout Which is the Buyback stage and the Remaining tokens are for the second stage comprising of three variables ( Staking, cashback and governance) can you please share more details on these two stages and their variables ? What are the benefits/ Incentives attached with this stages? What are your reward systems for staking $Libcoin token?
The Libcoin is said to be the first crypto asset that offers potential holders’ exposure to investments and rewards in the booming battery technology industry. What are the kinds of investments Libcoin will expose holders to in the battery industry? What are the reward holders will enjoy as a result of investing and what is the significance of the exposure? Also, the 25% annual profits made from the battery factory will be used to burn libcoin and KPMG a top auditing firm will guarantee this. For how long will this burn happen and will this percentage ever change? Asides KPMG, are there other auditing firms you’ve partnered or will partner with?
I had never heard of battery technology for cryptoassets before, what was it that motivated you to focus on this technology to create Libcoin? Do you consider that Libcoin could somehow solve the environmental problem that some cryptocurrencies are generating?
I see that your team is in charge of creating the first Gigafactory in India, great! Besides this Gigafactory, do you have plans to create in other parts of the world? Why did you decide to pioneer in India? And, is Libcoin a project that is intended to have users all over the world or are there some restrictions by country at the moment? Can we use Libcoin from any country?
I see that your team is full of experts in lithium-ion battery technology, sales, financial services, among other areas. Besides Libcoin, have you worked on crypto projects before? Do you plan to bring more crypto projects in the future being such a prepared team in different areas?
I see that your partners include Avass and Duggal Family Trust, do you currently have more partnerships in the works for the future that I can tell them about? If so, who are you partnering with and in what ways would these partnerships benefit Libcoin and its users?
I see that the first to buy $LIBs will get benefits, from when can we start buying $LIB and how much is the minimum/maximum purchase per user? Which exchanges will $LIB be listed on and how much will the commissions per purchase be? Which blockchain is it based on and how compatible will it be with other blockchains?
The Libcoin team’s mission is to accelerate the transition to clean energy and democratize community and financial opportunities through a novel cryptoasset. My question is, what will be the technology that will be implemented to enable Libcoin transactions to be eco-friendly? With this conservationist approach, what do you want to achieve in the short, medium and long term?
How will the Libcoin team minimize time to market and enable the timely development of the Gigafactory? Are more advanced staking and governance features planned to be launched within the next few years? What will be the main attractions of the project to attract new users?
I read that $LIB Token will fulfill a range of different functions and that 25% of the gigafactory profits are converted to $LIB annually and burned; but, what will be those different functions in which the $LIB token will be involved, could you mention some of them, I would also like to know, how the $LIB betting system will work, that is, how much is the minimum you can bet, how much is the % APR you will have, how much is the betting time and any other details of the Staking system, on the other hand, how many $LIB tokens does a user need, to participate in the governance?
Libcoin Token platform was found in 2021, called by Veteran Energy Executives. Can you provide more details about the Veteran Energy Executives Company & the key staff? There are no much details about the Veteran Energy Executives foundation. Is it like a charity foundation? How about the initial expenditures, Did the Veteran Energy Executives provide the Capital in order to do marketing purposes? And also tell us, How many backers does the Libcoin Token have in addition to the Veteran Energy Executives?
every good investor knows that any investment represents a risk, but undoubtedly you can also determine how high the risk is in a project, then, could you tell us the characteristics that make Libcoin a project, transparent, profitable, secure and with longevity, tell us, what are the guarantees that are offered to investors in the project, how can you prove that you will not leave with the capital they collect in their sales and also tell us how to demonstrate that Avass is a reliable partner?
The aim of the Libcoin project is to start a gigafactory of Lithium-Ion batteries built in a consortium with upcoming parties. And also first party is the Avass company which is based in Australia. Can you give us a detailed description about the bond between Avass Company & the Lithium-Ion batteries that you are going to produce, What will be the special functionalities of that product? Will you deploy all the fundraisings coming from your private sales, Public sales & other fundraising events in order to produce the batteries? However, There should be a global delivery system for your products to enhance the growth of Libcoin Token Project. Do you have dealers in globally to distribute your main products without a disturbance?
I read on the web that Libcoin is a governance and reward token backed by a portfolio of battery technology investments, the Libcoin team’s mission is to accelerate the clean energy transition and democratize community and financial opportunity through a novel crypto asset. So how is Libcoin designed to offer potential holders investment exposure and rewards in the battery technology industry?
Libcoin is Powering Crypto by Connecting the First Tokenized Gigafactory, Coin Democratizes Access to a New Class of Investors to Participate in Tier-1 Green Energy Investments, Backed by Battery Technology, LIB Token is a Unique Digital Asset in your class. Please explain What is the purpose of Libcoin? and What partnerships are on your roadmap?
One of the utility of $LIB token is the burning mechanism that you have deployed to the token algorithm. It describes that 25% of the annual profit will be burnt forever. So, Why did you focus on manual burnings instead of regular burning mechanism like a burning at each transaction? In which manner will this burning mechanism provide a way to mitigate the inflation on $LIB token? By the way, How will the users trust you that you will sent a 25% portion of annual profit to the burning address? Do you have a burning wallet that cannot be extract the money back again by someone?
I read that Libcoin’s goal is to start a lithium-ion battery Gigafactory built in a consortium with relevant partners, but for those of us who don’t know the lithium-ion battery market very well, can you tell us a little bit about it, its profit and trading potential and could you demonstrate, what makes this product provide good profitability to those who participate in its trade, also tell us, why did you decide to participate in this market, who are your competitors and what advantages would you have over them, who are your current partners and how would the users who participate in Libcoin benefit from it?
In the cryptoverse there are a lot of projects, with big promises of profitability that are often false, that is why I would like to ask you, how can Libcoin prove that it really is a profitable project and that it is not just another functionally inefficient project like the vast majority that exist in the cryptoverse, tell us how Libcoin will power the future of lithium-ion batteries and can you also tell us, how people will improve their lives thanks to lithium-ion batteries?
on your website you mention that your objectives will be built in a consortium with relevant partners, so can you tell us about the strategic investors and relevant partners that are bringing value and helping the Libcoin ecosystem grow and develop and tell us about their contributions to the project and how they are also benefiting from Libcoin?
I read on your Twitter that Libcoin is well positioned in India as a high potential market for batteries and electric vehicles, but can you tell us a little bit about why India was the best country to start with the creation of Libcoin or is it that all its founders live in this country, also tell us, Libcoin will be a global project, that is, will you try to build offices in other countries and if so, what would be your next target country?
India is the world’s fifth largest car market, however it is lagging behind in the development of electronic vehicles. So, how do you intend to replace all combustion engines with these? Is there any government assistance available to you? How long do you think it would take you to carry out this plan?
Can you explain us why you name is “LIB coin”? There exist any particular reason to chose this name?
1. Is the team behind the token made up of actual people?
2. Does the pricing hold promise of mass adopstion?
Many projects have a detrimental influence on the environment, and just a few have the potential to improve energy efficiency. So, how does Libcoin set itself apart from other environmentally conscious businesses? What advantages do you have?
Libcoin’s goal is to build a real-world gigafactory for lithium batteries, but where will it be located? Could you also explain what the LIB tokens’ functions are?
I read that the Libcoin project is part of the Duggal Family Trust and the DFT Group of Companies. Please deeply explain about this Trust. Is there a connection between industries managed by DFT and Libcoin? For example, can we pay with $LIB if we want to invest in real estate handled by the DFT Group? Why did they initiated this type of project? What are the mutual benefits? As a $LIB holder, am I eligible for any special privileges offered by the DFT Group?
You have recently announced that Libcoin is well-positioned in India as a high potential EV and battery market. Is there a particular reason to target India? What type of activities do you plan to conduct? On your platform, there are users from several countries. Do Indians get any priority?
Currently, almost all countries focus on green innovations. Therefore, there is no denying that Libcoin will be popular within as short period of time. However, it is not clear that how does your project support green innovations. Please elaborate more on your contribution for this task. To be sustainable, a project should have long term and short term plans. What are your goals to maintain the prevailing success?
You say Libcoin is powering cryptocurrencies by connecting the first tokenized Gigafactory. So, could you give me more details about the Gigafactory you plan to start? Will the implementation of cryptocurrencies to this factory really cause great goals and benefits for the users? Where and when will this Gigafactory be founded?
I could see their currency democratizing access to a new class of investors to participate in top-tier green energy investments. But can you tell me why I should invest in your green energy? What are the benefits for your investors? How will you attract them to prefer your project over other green energy projects? What do you mean by “first level”? Will these investments really bring attractive returns for investors?
I noticed that the LIB token is backed by battery technology, but how exactly does this work? How is battery technology compatible with a token? Why didn’t they decide to back their token under other known technologies or blockchains? LIB is really a one of a kind digital asset, why do they say so? And as it is distributed, could you show its tokenomics?
I understand that Our objective is to start a lithium-ion battery gigafactory built in a consortium with relevant partners. But why do you want to focus on lithium-ion batteries? What is the potential of these batteries? Which partners do you currently have and which ones do you expect to integrate in the future? Wouldn’t you need more partners? How will you get started with the gigafactory?
What is the relationship between Libcoin, Avass and Duggal Family Trust (DFT)? What are your objectives with these large companies? Do they currently have agreements in place or are they part of your project? How will both companies significantly help Libcoin? Do you have any reports on this?
Apakah Proyek ini, Menjadi besar dan menjanjikan dimasa yang akan datang ?
akankah meningkat atas pengembangan infrastruktur melalui teknologi “penghijauan” yang lebih besar?
A recent publication put out and also featured in Yahoo News, highlights the achievement of one of Libcoin’s team; Australia based Avass group, who signed an MoU with HRH Prince of the Kingdom of Saudi Arabia, for the manufacture of electric vehicles & lithium batteries. Being that this is your direct effort at enhanced green energy adoption world wide, can you extensively shed more details on this nobel partnership, how much of a commitment has both the Saudi government and Avass group (Libcoin in particular) put into this venture? When should we expect possible roll out of these products as stated? Can you also list other partnerships made with same purpose and goals? Finally, can you make brief emphasis on the Avass group, how is it a notable affiliation of Libcoin?
Benarkah Token LIB hijau akan diakses melalui teknologi blockchain Ethereum nantinya?
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/value for investors to hold your token in long term?
Is this project clearly good for the future? And what projects will you be working on in the future? please give a detailed answer thank you
Is this project clearly good for the future? And what projects will you be working on in the future? please give a detailed answer thank you
typo sorry..telegram username : @ipep25
What field is this libcoin project running in? Is there a clear project already?
are you sure libcoin will be able to compete in the market..and explain why libcoin is able to compete?
What the different this project with another?
why did you make this project? what is the basis? and what is the purpose?
I hope this will be the great project ever!!
During my Research on your platform, one Of the Most Fascinating and interseting Aspect about your Platform was that it made Some Certain inclusions that If an Electric Vehicle Company would use the batteries built from Libcoin Gigafactories, their customers who buy a car could also receive rewards of Some Certain amount in $LIB for doing that, that’s really Amazing to think of. Hence, i would like to know how many Electric Vehicle companies you’ve been able to Partner with so far? How about Early Investors? Would they also be Considered Partners in your Platform? When do plan on commencing your Public Sale? Lastly, Do you have any other Mind blowing means Of Acquiring the $LiB token? Is there any community events that you Sponsor for new Individuals to also participate in these Wonderful innovation? Thank you.
In the Course of My research about your Platform, i noticed that Libcoin has made big innovations working with Dentons (a big law firm in Singapore) to create an asset linked reward token that is not a security — so it can be traded on an exchange like Gate or Binance, that is really Awesome to imagine, and hence, i would really love to know about this Reward token you’ve been able to Create, how is it Distributed in your Eco-system and what are its Basic Utilities? I would also like to know how we could get this Amazing Token, & being that its a reward token, is there any activities or Events that Libcoin sponsors for its community to get involved? Thank you.
The Libcoin team was at the recent Crypto Expo Dubai 2022, where you had the opportunity to showcase some of your unique products and technology to a mixed array of participants and crypto enthusiasts. Can you provide us with a proper rundown of all that the Libcoin team put together for the event and the overall reception and feedback from visitors to your Expo Stand during this event? May we also know if the Expo presented the Libcoin team with an opportunity to explore and enhance future partnership agreements with other projects and investors? Finally, as we gradually wind down the first quater of the year, can you let us in on some events and workshops planned for the new quater and later stages of 2022?
Please sir answer this
When are your IDO dates and on which launchpad can we purchase LIB token
Sir concerning the fact that the LIB token wants to be launched under Ethereum mainnet and Ethereum gas fees are high how do attract small scale investors
As a team establishing it’s standpoint and launch in Asian countries(India/Singapore) any plans of reaching to other countries because everyone is in need of clean renewable energy
Hi Libcoin team,
This is a very noble project indeed!
Since most of us here are newbies in the world of green-energy projects,
can you please briefly share with us the mechanism of how is building a Lithium-Ion
batteries Gigafactories related to sustainable cryptocurrency?
How much of an environmental impact can we expect from the project if we were to invest?
Thank you.
Hi Libcoin team,
We all know how much the world needs Environmental breakthrough these days,
and Libcoin is here to contribute to that breakthrough.
With that being said, can you share with us the most recent development of the project
and how long do you think it will take for the projects to show their impact?
What do you think the future holds for Libcoin in the next 5 years?
Leading the green investment movement?
Thank you.
Dear Libcoin team,
Your token is playing its role as an incentive for green initiatives.
How do the team going to sustain the value of Libcoin in the long run
so that it can act as an incentive?
With the burning mechanism in place, how much is the final amount of Libcoin
planned by the team in the end?
Thank you.
Hi.. I’m African and i have discovered Almost All AMAs done talk about community building and strength of the community but these projects only focus on communities in Europe and Asia and the middle east.. My question is this. Is there any plan to engage The African community in your project? as there are lots of crypto enthusiasts and a wider community you just might be missing on.
Sir I’m curious what dates is your IDO? Is therw a special requirement to Who can participate?? And where can we buy tokens?
How do you connect Blockchain technology and Lithium Ion Battery technology? Does investing in libcoin mean investing in clean energy? How will you ensure this?
How can we get LIB token? What benefits do LIB token holders get?
How did you start developing the project? How did this idea come about and what is your motivation for this project?
I found out that Libcoin is projecting an annual revenue of $5B so in what possible way that your platform can earn this very high revenue in just a year? Can you share some of the strategic ways that Libcoin is going to apply in order to turn this $5B annual projection into reality? Why project this such an amount? Any features and projects line up in your platform to help Libcoin to earn this annual income? If ever your platform will reach this annual revenue projection,what do you think will be the impact that it will bring to Libcoin network? and If ever your platform will not reach this annual revenue projection,how would you face and deal with the instances? Any strategic way you will apply in your platform especially for marketing purposes? Thank you
Regards LIBCOIN. As I understand this project is based more in India or how do you plan to expand around the world? According to my research, Libcoin seeks to increase the capacity of the batteries that are used in cars that are electric in the country of India? We know that India is one of the countries with the largest car sales in the world, which places it among the 5 places in sales, but that it has little capacity and production in electric cars? what is libcoin’s strategy and goal, and how do they plan to replace gasoline or diesel powered vehicles in such a big country? Are you in partnership with government entities to develop these strategies to replace 100% combustion vehicles? can you explain us