On July 27th 2021, our community had a chance to welcome Bholdus
This AMA was held by Azcoinvest Group – the crypto community in Vietnam, where investors and traders can obtain the lastest news and signals from bot/ admins, as well as discuss and share investment experiences in the crypto space.
At this AMA, the Bholdus directly greeted the community and provided detailed information as well as some key products and future plans.
Time: 09:00 PM (UTC + 7) on Tuesday, July 27th, 2021
Airdrop 100 USDT for the best questions in the AMA.
Part 1- Project overview
Question 1: In the past few days, you must have attended many AMA sessions of Mr. Nhat Phan about BHO, so this project is no longer strange to everyone. Everyone knows that the CEO is the person who decides the success or failure of a project, so today I want to help you understand more about Nhat Phan. Can you briefly introduce the BHO team and project and can you share about the event or what led you to the crypto market and this project?
Bholdus: First, before answering the question, I would like to introduce myself, I am Nhat Phan, today I am very lucky to represent Bholdus to participate in this AMA with AZcoinvest. Thank you to all a most respectful moment!
In the past few days, when the Bholdus project was implemented, the motivation for the whole team to work tirelessly was thanks to the support of the community.
Me and Mr. Ronald Le, Mr. Duong Le, Ms. Kelsie, and all the members involved in the project are always in a state of full operation. In order to bring Bholdus’ products to everyone faster, and the hardest things can be overcome, thanks in part to your support and encouragement!
Once again, on behalf of Bholdus, Japan, I would like to express my most sincere and sincere thanks to everyone!
– Talk about the Bholdus project. This is a project that all the team has cherished and implemented for many years. And the project wants to create a private blockchain network to serve the ecosystems related to Defi and NFTs.
Bholdus wants to bring to all Vietnamese people in particular and residents in Southeast Asia in general, giving everyone the most complete and advanced Blockchain product!
Question 2: Can you share about the important milestones that the team has achieved in the past time?
Bholdus: To be honest, despite being confident in the technology and team that Bholdus has, it is true that launching the project to market is still a bit difficult.
The biggest problem is trust!
As everyone knows, in the past, when the Vietnamese market suffered a lot of scam projects, there were projects that cheated users and took away thousands of billions of dong. And this makes users gradually turn away from Vietnamese products.
And from time to time, Vietnamese products immediately stick to the label “Vietnamese goods are fake”.
And this hinders a lot when the project is launched on the market.
But fortunately, in addition to clarifying with the community, transparent team information, transparent products, Bholdus gradually asserted and got a foothold in the hearts of Vietnamese Crypto users. In particular, there are a number of large organizations and individuals who constantly send emails to motivate the team. It made Bholdus even more confident. And the luckiest is the success of Vietnamese projects in the past time, such as Axie Infinity, Mypet Defi, Coin98… It helps Vietnamese users regain trust in Vietnamese blockchain products.
There is a saying, “Like any success, 1% is luck, 99% is effort”
Bholdus team is always confident that we are a “stubborn” team, it is very difficult to knock us down with just a few scam projects.
If you lose faith in the Vietnamese project.
Ok! We will get it back for you.
Question 3: Can you talk more about the project’s biggest ambition and what goals the project hopes to achieve in the near future?
Bholdus: In fact, when we said we would create a common Blockchain project for Southeast Asia, serving the Defi and NFTs ecosystem, all the people in the industry “cursed” us as “ambitious idiots”. “!
But for us, this project is a very real project, and it is exactly what Blockchain should be used for.
Defi, it creates an open finance, and it makes it easy for everyone to make money and protect their assets. The most transparent and clear.
As for NFTs, it protects the interests of manufacturers, the creators in the safest way. Everyone wants their work to be recognized and valued, and it cannot be faked. Then NFTs are the necessary thing that you can put your products online, can sell to anyone, without fear of being copied or copied (like the current internet is facing).
In addition, with NFTs
If everyone learns a little bit of information about Japan, they will all know that Japan comes from the field of Online Game.
And with NFTs, Bholdus will have a plan to create for themselves Game Online products that are most relevant to the trend. As for the deployment time … please let Japan keep it a secret!
Part 2 – Pre-collected questions from Twitter:
Question 1: Can you share more about BHOLDUS’s governance model and how do holders contribute to the project and by which way? @KevinDv_10
- The total supply of BHO is 10,000,000,000 (10 Billion).
- 15% will be distributed to Bholdus development team. This amount of Tokens will be locked and gradually opened within 2 years.
- 10% for marketing activities.
- 15% for platform activity.
- 40% will be distributed gradually in private sales (Private Sales), early sale (Early Bird), and public sales on the market (Public Sales). The amount of BHO sold in Private Sales & Early Bird will be locked and gradually opened within 1 year.
- The remaining 20% of the total supply will be retained to develop the Bholdus ecosystem.
- Participants use BHO to pay transaction fees, participate in stakes as validators and participate in Bholdus governance. In addition, BHO also ensures chain security by giving a bonus to BHO token holders, investors in subchains (Parachain) and a block reward (block) for Validators (Validators) and Nominators.
Special: DAO: Decentralized Autonomous Organization (DAO) who uses BHO tokens to vote on the governance rules of the Bholuds system. For example: If users using the Bholdus network think that the network fees are too high and need to be reduced more appropriately, all users can use BHO to cast their votes.
And with Staking: Users can view it like the process of depositing savings through Stake, user’s BHO will be locked by term, and user will receive interest every day. The average rate of return is 10%/year.
Question 2: Can you list some investment partners and what are beneficial values that they bring to BHOLDUS? @jamie_martin09
Bholdus: The biggest partner, the biggest supporter for Bholdus is the community of investors. It is they who have accompanied the project from the very beginning. They always send the project words of encouragement, comfort, and sharing. Accompanied by questions and problems are constantly being raised, forcing Bholdus to answer, and this helps Bholdus to understand tastes, and troubleshoot “hearts” for all users who anticipate the case is aimed at.
In addition, accompanying Bholdus, there are also large organizations and individuals who are always behind to support and give advice. They always stand at a distance, both monitoring and acting as a consultant, providing solutions to support the project in the most timely times.
Currently, a few Partners that Bholdus has associated such as SFA – Singapore Fintech Association, The Canadian Chamber of Commerce in Vietnam…
And a few major partners that Bholdus is negotiating to cooperate with are: Polkadot, LaunchZone, Fireblocks…
Question 3: BHOLDUS’s whitepaper mentions about Black Hole Pool which is an infrastructure to connect real world with virtual market. Can you explain more about how it works and its benefits? @leesimon98
Bholdus: Black Hole pool is a part of Bholdus ecosystem, it helps with constant rotation & liquidity. Small and Medium Enterprises (SMEs) will have the opportunity to access DeFi financing using digitized and audited real-world assets. They do this by tokenizing their financial
Question 4: Does BHOLDUS have any plan for burning token in order to maintain the sustainable and safe price for investors? @tyler_brook23
Bholdus: Bholdus network operates in the form of Crosschain & Multichain, so to always ensure the circulation of Bholdus Chain when linking with other networks, we must always keep the total supply at 10 billion. Therefore, Burn & Mint form will not be applied to BHO Token.
Question 5: The utility of the token is one of the factors that evaluate the credibility and potential of the project. So what are the benefits of BHO which make it unique? @brian_nevadie
Bholdus: In fact, the content of this question is in another form that Japan often hears: “Will the token increase in price, when will it increase, and how many times it will increase?”
Then questions like these, it closely follows the application of BHO Token
– BHO Token is closely associated with the ecosystem of Bholdus, both as the Native Token representing the Blockchain network of Bholdus, and also as the coin representing the Bholdus DEX.
– Bholdus token (BHO) is also a digital asset and represents the capitalization of the Bholdus project. Participants use BHO to pay transaction fees to the network, for Bholdus Dex, or to stake as validators in Bholdus governance.
And in a word, BHO Token is the lifeblood of the Bholdus ecosystem.
In the long run, as the ecosystem expands and the number of users increases, the more BHO Token will be used.
BHO Token will appear in almost every Bholdus activity.
Even if you play our Online Game, you still need a BHO 🙂
Hopefully, this answer will encapsulate the importance of BHO Token, and help people to value BHO in the future.
PART 3: BEST LIVE QUESTIONS
Question 1: Why should you choose Bholdus?
– Our team has many years of experience in FinTech and Blockchain.
– The company headquarters is located in Singapore – a country known for its state-of-the-art legal platform and at the same time open to crypto.
– Works across DeFi networks – along with Ethereum, Polkadot, Binance Smart Chain.
– Onchain governance with incentives for all participants, towards equity and inclusive growth.
– The network has low transaction fees & fast payments
Question 2: Why does Bholdus have fast transaction speed while its transaction fee is low?
Bholdus:Among the fees, the platform operating fee is the one that affects the transaction speed. Because some resources in the blockchain network are limited, such as storage and computing capacity. Transaction fees are created to prevent individual users from using too much network resources such as performing too many transactions at a time (spam). Bholdus has calculated and set this operating fee to the lowest level that benefits users while ensuring the safety of the entire network to avoid overloading causing transaction congestion. Besides, Bholdus always encourages third parties to join Bholdus in building validation nodes with the form of rewards, thus ensuring the smoothest possible operation of the system. In addition, Bholdus uses mechanisms such as multi-threaded computing (parathread), or always focuses on improving algorithms such as consensus (consensus) to help increase the processing speed of the entire network quickly.
Question 3: What are the upcoming events of Bholdus?
Bholdus: Currently, after deploying the Global market, especially Southeast Asia, we continue to develop the Vietnamese community, especially the Facebook Vietnam group, because the percentage of Vietnamese using Facebook is quite large (approximately 5 months). 70%). Next, we develop Telegram Vietnam channel, and connect to Crypto enthusiasts groups, through which we will organize interesting AMA talks with everyone, to exchange and connect more people. more to investors.
In parallel, Bholdus also hit hard on news sites, blogs, places that regularly exchange and report on Crypto. This is to increase access to more information for everyone
Question 4: What are Bholdus’ achievements?
Vietnam’s largest company in Letters of Credit with blockchain.
- Strategic advisor on onboarding worldwide.
- Build awareness through various crypto and blockchain education channels on social media.
- Working with multinational FMCG companies in Southeast Asia and similar large corporations
- Cross-chain infrastructure with blockchains like Polkadot, ETH, BNB
- Development of a crypto-oriented community in Southeast Asia
- And more specifically, we have successfully raised 1 million USD even though we have only gone 1/3 of the way to raise capital.
Question 5: Which market does Bholdus focus on first?
Bholdus: Bholdus focuses on the market in the Southeast Asian country, specifically targeting small and medium businesses that need access to alternative capital sources for the main communication system. Many countries in this region have young populations with very up-to-date crypto. At the same time, small and medium enterprises account for 42% of GDP of the 5 countries that make up the ASEAN economy. Along with that, loans are gradually moving online and growing at a compound rate of 29% per year, but the capital shortfall of businesses in Southeast Asia (SEA) is up to nearly 300 billion VND. USD. Bholdus launched towards providing resourced solutions for small and medium enterprises (SMEs).
For all of the questions that have not been answered yet, guys feel free to search for more information or ask directly to them on the links provided below:
Website : https://bholdus.com
Telegram Global: https://t.me/Bholdus_ENcommunity
Telegram VN : https://t.me/bholdus_VI
Twitter : https://twitter.com/bholdus
For further information about the Bholdus project. Click the link below:
- Information about the Bholdus project 2021: https://azcoinvest.co/thong-tin-ve-du-an-bholdus-2021/
- Instructions to register an account and buy BHO on Bholdus: https://azcoinvest.co/huong-dan-dang-ky-tai-khoan-va-mua-bho-tren-bholdus/