Ultrasafe AMA (5/19/21) - Summary and Notes

Hi all,

Just wanted to put together summary notes for today's AMA!

Presenters - All Doxxed and Visible on Stream:

• Dave - CEO/Head Developer
• Emma - Managing Director
• Matt - Senior Developer

 

Intro:

• So happy and surprised to see the momentum and explosion of Ultrasafe
• Always expected greatness, but the roadmap milestones have been smashed!
• Lots of announcements on the horizon, looking forward to both answering AMA questions and giving the community more reasons to be hyped

 

General Ultrasafe Information:

• 30% of supply burnt, 4.5% marketing/dev wallet is holding strong and will be used only to support the company/development
• 1 new cryptocurrency exchange listing to be announced this week, already in talks with 3 others to list as well
• V2 version of website coming (since the Mariana vault has been unlocked), developed by 2 internal team members
• V3 version of website is currently under construction as well, has been outsourced to a top notch web development firm
• dApps development is now underway
• Establishing Ultrasafe as a legal entity is now underway, in order to be listed on major exchanges
• Certik audit results incoming - "Safer than Safemoon"
• CMC listing in progress - applied for it on day of launch, rough predictions are 3-5 working days after application was sent

 

Q&A

• Q: Use case of Ultrasafe? Long-term applications and utility?
• A: Currently serving as a deflationary, high-yield return token, meant as a store of value - typical fiat currencies may offer holders an interest rate of a few percent per year, while Ultrasafe offers holders a huge return on every transaction. 2nd objective is to be "ultra safe" - unhackable, contract is secured and unchangeable, safety and security for all holders. Long-term goals include: Ultrasafe Wallet, Ultrasafe Exchange, Low-fee Crypto Trading App, NFT exchange - these will all be powered and utilized via trading of Ultrasafe!

 

• Q: What are your backgrounds?
• A - Dave: Crypto developer and program manager with an IT/Tech background, currently also involved with another unannounced cryptocurrency project.
• A - Emma: Law background, first cryptocurrency project but experienced in project management and will provide guidance regarding legal implications for Ultrasafe as a crypto entity.
• A - Matt: IT/Tech background, is well experienced in crytocurrency and dApps development, has served on many crypto launches before

 

• Q: Where is the Certik audit?
• A - Dave: Certik audit is currently in its final stages, have been in constant communication with the Certik team for the last few hours. Very few findings were noted by Certik, nearly all were typos/formatting issues that have all been resolved and resubmitted to Certik for review. Our contract and token are more secure than Safemoon, truly earning us the title of "Ultrasafe"!
• A - Emma: We apologize for any delays, all announcements from us regarding audit release timings came directly from Certik - we will keep the community updated as we receive more information.

 

• Q: Where is the team located?
• A: Dave and Emma are both located in the UK, Matt is located in the US - the team is multinational and collaborating on a remote basis in order to facilitate the project. Progressing very efficiently!

 

• Q: Which exchanges are upcoming? Thoughts on Binance?
• A - Dave: We cannot yet announce the names of the 1 confirmed exchange (to be announced this week) and 3 in-progress exchange listings, as it could impact the status of our applications. However, they are all mid-size exchanges - once we are legally established as an entity, large exchanges will be able to list us as well.
• A - Emma/Dave: We would love to work with Binance! We are in talks with Binance leaders in order to hopefully be listed on their platform - however, there is no "set" requirement to be listed on their platform, they truly have to just like your coin to list it. We're working on getting them to like us the most in order to get listed next!

 

• Q: Next steps for Ultrasafe?
• A: Completing development of new versions of the website and increasing marketing (per vault initiatives), developing dApps on the Ultrasafe token, planning and release of Wallet/Exchange/NFT marketplace, more listings on exchanges and CoinGecko. Team is very well connected and has fantastic legal/crypto advisors - we will leverage these advantages to properly grow and strengthen both our team and the token! Marketing includes: social media influencers to spread the word, getting billboards up in major cities, even getting the plane with a banner to fly over parts of the US.

 

• Q: What can we do to help as the community?
• A: Hold through the dips! The entire crypto macro-market is currently in a dip as many outside factors have caused a slight downtrend, but Ultrasafe has recovered more than 300% from its local bottom. Our strength and momentum is self-evident, let's all hold on to our tokens and be Ultrasafe together!

 

Closing Thoughts

• Ultra bullish on Ultrasafe
• We are primed to explode in a big way and are building partnerships to list on many exchanges
• Utility of the token is being expanded on right now, as well as our own team (hiring new devs)
• The hype and popularity of the token was expected, but the speed and magnitude has been surprising but amazing!
• The future is bright for Ultrasafe, as we set our sights on a multi-billion dollar marketcap while being the most secure BSC coin on the market!

 

Community's Thoughts

• Extremely professional and well-presented AMA
• All major questions answered, team is very responsive and active, didn't shy away from tough questions
• Clear vision and direction - overall, very excited and bullish for the future of Ultrasafe!