HYPERJUMP x TEMAN CRYPTO INDONESIA AMA RECAP
Alfan (host) : Hello everyone and welcome to the Hyperjump X Teman Crypto Indonesia AMA!!
Alfan (host) : Before I started the AMA, could you please introduce yourself first? @CSIN2
CSIN (speaker) : Hi, I’m Sin, I am 1 of the managers at HyperJump. I have a degree in Accounting. My work at HyperJump is to mostly focus on tokenomics, creative strategies, and revenue Generation.
AMA SESSION 1 (Teman Crypto questions)
Alfan (host) : Question 1: Can you explain to us, what is hyperjump?
CSIN (speaker) : HyperJump is a DAO Run Defi Based Farming project that focuses on Gamifying. We have been around since October 1st, and have many strategic partnerships already. Currently our DAO is around 30+ members, and each 1 of them contributes to HyperJump in their own special way.
Alfan (host) : Question 2: Can you tell us about the development process of Hyperjump and what Hyperjump aims to achieve in the future?
Crypto S.I.N (speaker) : Sure, We have a corporate type structure within HyperJump to help keep us organized. We break our tasks down into departments. Media, Game Development, Testing of Partner tokens to make sure they are safe….well, as safe as they can be for DeFi. We also have rooms like Community Ideas, Contests, & Twitter & Marketing, where anyone in the DAO can contribute and some DAO members actually help run those rooms.
Crypto S.I.N (speaker) : And obviously, Gamify
Crypto S.I.N (speaker) : as our future goals
Alfan (host) : Question 3: I heard that Hyperjump (HYPR) will be a highly valued token because it has deflationary characteristics, while HyperAlloy (ALLOY) will be a utility token for hyperjump. Can you explain those two tokens?
Crypto S.I.N (speaker) : HyperBurn ($HYPR) is going to be our main token. It receives rewards and the token quantity grows just from sitting in your wallet. We are also developing about 2 more special use cases for $HYPR which we will not discuss yet, but Hodlers will be rewarded in the end.
HyperAlloy ($Alloy) is our farming token. This token is inflationary. But we have implemented features in our system that keep burning this token. When we first started the token had bored 1% of the new supply created. Currently $Alloy is now burning 3.3% of all new $alloy tokens being created. As you can see, at this rate their will come a point where most of the new supply created is burnt. To add to that feature, we first buy the token back to help keep the price up, then we burn what we just purchased.
PCS was so jealous of our tokenomics and how well they worked, that they recently changed theirs to copy and mimic ours.
Alfan (host) : Question 4: Hyperjump has a slogan “Gamify Defi”. What does this slogan mean?
Crypto S.I.N (speaker) : We are in the process of creating a real life blockchain game. The game is not going to happen overnight, it may take us a couple years for the full version. But, in the process of building this game, we are building a Defi system that will work its way into the game. For example you will farm on our platform, and some of those earnings will go into the game for in game purchases
Alfan (host) : Question 5: In today’s DeFi world, lot of projects that have been hacked. How does Hyperjump protect users asset?
Crypto S.I.N (speaker) : Well, we don’t use GoDaddy as our web server as some other recent projects that have been hacked do, lol. Also, we have our own servers which also have 2fa setups etc, our own nodes that we built, and a strong security feature that we pay for. In other words, we are not reliant upon others who have weak security, we build our own infrastructure so we can be bigger and stronger.
Alfan (host) : Great explanation, thank you for sharing information with Teman Crypto Indonesia community.
AMA SESSION 2 (Twitter questions)
Crypto S.I.N (speaker) : We dont really look at price ourselves, we look at progress. Price goes up, price goes down. In 2019, $BNB went as low as $4, could you imagine if CZ stopped building because he cared about the price. At the end of the day it’s about providing long term value. so, to sum it all up, we use the same method, #Buidl
Crypto S.I.N (speaker) : As for the second question, we’ve already brought DVT from ETH to BSC by helping them create wDVT. We have been talking alot more about cross chains and doing some in the future. Unfortunately, until ETH gets its fees under control, we will probably look at other chains such as FTM, SOL, MATIC, HECO….just to name a few
AMA SESSION 3 (Live QnA questions)
Sóc Sóc (member) : Are you claim ‘no dev to abandon, only the community’? But maintaining a crypto project takes a lot of money, if the project funding isn’t enough, how would you solve this? Are you thinking of selling Hyperjump?
Crypto S.I.N (speaker) : money is generated through dev fees as with any crypto project. never selling, we have 6 devs always working and this as my 5th one
Sóc Sóc (member) : Security is the key factor that investors are concerned about? Can you tell me which security technology you use?
Crypto S.I.N (speaker) : I can tell you that unlike the competition we use 2FA and we dont host on domains like godaddy. We use corporate level domains
Steven (member) : NFT has recently become a trending topic in the DeFi industry and is touted as the future of DeFi. Will Hyperjump add NFT assets to increase fans’ interest in the Hyperjump Game? how did Hyperjump make the most attractive DeFi gramification model on the market? And How do the $HYPR & $Alloy tokens help achieve Hyperjump’s goal of becoming the best gaming platform on the gaming market?
Crypto S.I.N (speaker) : Their will be NFTS in the not too far future
Anos (member) : Why streetswap become hyperjump? What happen to streetswap?
Crypto S.I.N (speaker) : We wanted to rebrand so we have a more binance friendly image.
asep (member) : Something that has disappointed investors over the years is unnecessary tokens. Tokenising can often add friction instead of convenience for users, can you give us a quick rundown of your tokenomics and how it fits into your ecosystem to benefit users? Also can you make sure that this project is superior & different from the project in services which gives voice to users for other ecosystem development?
Crypto S.I.N (speaker) : we have 2 tokens, thats all we are going to need and use
Out Of Range (member) : Are you a global project or local project? Can anybody anywhere use Your project without any restrictions??
Crypto S.I.N (speaker) : Yes
asep (member) : Today’s DeFi Blockchain projects are mostly built around Farming and Staking with hype. After the hype clears up, its value and attractiveness diminishes over time. So what will Hyperjump do to sustain and grow its farms stably?
Crypto S.I.N (speaker) : I choose this 1. The statement you made is very correct. We are a 6 month old project that started out as Thugs. ! thing we do to keep our community is constantly #buidl features and come up with new ideas
Mohamad (member) : The BSC space has managed to merge DEFI with liquidity agriculture. What is your opinion of this evolution of the cryptographic system and what would you add to the system for this year?
Crypto S.I.N (speaker) : I choose this as the 4th question. We plan on bringing a new way to make money by farming, and yet use that money in your game. Most games are pay to play, this one is more invest to play
Out Of Range (member) : hello team HYPERJUMP, Every Token is subject to price fluctuations in the Crypto market. My question : How will the $HYPR strengthen cryptocurrency price stability, thus providing a thick wall for price stability?
Crypto S.I.N (speaker) : i choose this one. To answer your question, we are building features around the $HYPR token that we will not leak yet
For more info please follow :
t.me/hyperjump_ID
t.me/hyperjumpbsc
t.me/HyperJumpAnn
and don’t forget to follow
Hyperjump Indonesia : https://twitter.com/Hyperjump_ID
Hyperjump (global) : https://twitter.com/HyperJumpBSC
