we hosted an amazing AMA with BlockStock on the 8th of July
And here we will put some of the best questions:
Q1) Can you introduce yourself to our community?
I am Brancatmeow, Project Manager for BlockStock. My Job is to assure that nothing goes wrong.
The team is comprised of highly trained experts, most of them from the crypto world. We have also external collaborations going on so we are very flexible in terms of project expansion and long term goals, and ready to achieve them with flexibility. We aim at a slice of the 100 trillion dollar global stock market and we KNOW our unique tokenomics will provide * the road of access to traditional exchange investors.
The other idea behind the project is to change the way crypto is seen inside the crypto world. All crypto is based on the idea that trading 24/7 is good. But is it? We believe that creating a token with a restricted trading time frame could bring back into crypto some of the benefits of the stock market.
Q2) Can you briefly tell us what is BlockStock?
BlockStock is the most convenient and seamless transition bridge from Stock Market to DeFi.
The way market trading has operated throughout the ages has always had a common prerogative, at least before the dematerialization of assets, is by people concentrating in a place.
From old times, when people would gather into a field, and maybe use a flat stone to barther things, the common denominator has been: Offer and demand.
And concentrating them something.Millenia laters people would gather in markets, and, specifically in northern europe during the XII and XIII century.
The real dematerialization of assets began, to then be brought and refined by Italians, and theyr banking sistem.
We are bringing the “Timeframe of operation” from old times.
If people in 1200 could walk 20km to bring a cow to the market, it was because they knew someone would buy that cow. Now we send the dematerialized asset.
Without having the fear that asset will lose value in the timeframe we are not willing to spend on it. And then there is the psychological effect,but I feel i need to make space for another question.
Q3) Let’s now talk about the milestones you have achieved so far and about your upcoming plans?
Our Developer has the full token ready to go, and the project is ready to go full proportion. We are waiting for organic and serious people to come in, we don’t want “degenerate traders” having their eyes on this.
The BlockStock team is fully built and working in harmony to bring the best quality ever seen in a financial project.
The exchange we will trade in is ready too, and we are waiting for true organic investors really.
Our immediate plan will be providing an interface that stock market traders will be familiar with, without forgetting about the crypto crowd.
After that, we will introduce LP functionality to the token inside the ecosystem, it is just the simple move any serious project has done to create holders and raise the price floor.
it is nothing special really.
Our goal is for this to trade furiously.
We plan reward holders strongly later on with the introduction of dividends.
Very strongly.
Like, Very strongly if we manage to achieve our goals.
The Whole crypto market peaked at 2 Trillion last month. The global stock market is 100 Trillion worth. We bring in the mechanics, and they will provide the assets for dividends. Stocks, ETF, and so on. But we are talking vrery long term.
Q4) Every project has a story behind their name, Can you tell us more about the story behind this? Who are the team behind this project? can tell us their background?
Block is a term that pertains both to the blockchain, both to the real word. Block, or bricks, is what the first, true “exchange” came to life.
In the Netherlands, in the XIII century a square of bricks was the first exchange, and the inn that dominated the square was called “van der Beurz*”.
They shared their last name, Beurz with the latin for bag, “BURSA”, and a variation of that are italian borsa, french bors, german Burz and so on.
So block really means “exchange” to us.
And stock, well that needs no exlanation, it’s the most familiar term to connect and it relies the message perfectly so there is not much history behind it.
We have people that collaborated with top projects that have deployed in the past and reached incredible market caps, but i have no intention to create false hype by giving out fancy names.
but they are fancy trust me on this.
(those projects are doing still good), we are no pump and dump.
Q5) DeFi is one of the hottest and most sought-after topics in the blockchain space right now. Can you share your opinion on DeFi with us? Do you think DeFi will disrupt the current financial system? What is BlockStock’s approach to the DeFi sector?
DeFi is the ONLY way to approach finance in my opinion. We are approaching the total dematerialization singularity. I’m sure that wherever you are, Physical banks are becoming less and less visible around, and they don’t care about having your money. The inflation is crazy, and DeFi is the solution.
The only way to approach money should be the blockchain. Currencies are there, they don’t move, just their ownership changes.
Like in remote islands, where people would use stone to represent wealth – the richer you were, the bigger the stones, until stones got VERY big, and ummovable. then just their ownership passed on, through oral tradition (a chain of itself)…. the stones would stay there.
google “rai stones” for that, it is amazing,
Trustless is also the only way, but i reckon it can be harsh when you are not knowledgeable, and for this reason our team is preparing multiple introduction to this world, in differnet means. (including videos). We hope to have all regional content done soon too.
And here we will put best questions from our members and BlockStock fans:
Q1) cooperation with whom? what makes sure this is a good project? will this project grow fast?
We need the safeDEX ecosystem to make this work, it is the only way for us to face the problems facing early crypto assets: presale sniping bots, (we haven’t launched yet), liquidity siphoning bots, and malevolent actors.
This is also why we are taking a careful approach on marketing, and saving the exchange world marketing for after presale.
The idea is that you will regain fifteen hours of your day back,
This project will grow horganically, we are not a pump and dump.
Regarding assurance on this project’s being top notch, our top notch team is in its best shape and tackling it.
Q2) For project development, the main priority is to have sufficient funds. Is your team financially able to carry out this project? Do you have a partnership with a venture capital company or an investment company?
We believe one of the main problem affecting projects long term is the lack of functionality, integration, and lack of marketing funds. We have a committed team that is financially able to keep this going forever. We have a partnership with supershiba dev’s “safeDEX”, and plan on bring venture capital companies later on down the road, when we are fully established as THE bridge between traditional market and crypto.
Q3) If BlockStock limit trading activities during specific periods of time. Does it mean that I can’t close trades at any time? What if I have an open trade and time runs out just when the token reaches the desired price?
Your activity will be artifically limited by how our token code works.
Trading will only be allowed 8am to 5pm UTC, and that will completely revolutionize how we all trade crypto.
Think planning your moves, have a more technical-analysis friendly market, with concentrated volume that makes it almost impossible to have big volatility.
That, and the possibility to leave it there, knowing it won’t move until you comfortably wake up. no need to cash out in stablecoin if it’s late at night and the market is agitated.
It’s a game changer.
Placing an order outside of the time span, won’t allow a transaction so in the case of limit orders i imagine the answer would be “it will happen the day after”, but our exchange developer has the technical details.
Q4) Does your project support STAKING? If yes.. How can we stake on your platform?
Everyone, everyone in crypto this year is crazy with staking. YES, there will be multiple farm opportunities in our ecosystem.
Thanks to the SuperShiba ecosystem and safeDEX.
Q5) Trading has a time limit – this will lead to a certain number of users accessing in a certain period of time and may cause system congestion, even not being able to place trade orders. How does BlockStock solve this problem? What guarantees that your system will run stably?
We will deploy on the Binance Smart Chain, that has huge unexplored potential and has (relatively) low transaction fees,
The virtual cap for our volume is beyond anything we could imagine to achieve in volume, and if it starts to filling that up, we are ready to scale up.
On the opposite we aim at solving the problem that PCS has now, with incredibly long pair chains that allow bots to siphon liquidity. It is a very bad thing and pancake v2 did nothing to address it. We will alos have auto slippage soon, which is almost a first.
Our system is fully decentralized and impossible to penetrate. We are ready for multiple DDOS attacks and any known and unknown hacking attempt. and the whole exchange is audited.
Q6) Blockstocks have considered do a presale event soon? Can you give the information about this event ?
We will announce it at 2k telegram memeber.
Q7) While searching on your website I am amazed that there is literally an actual use case that is a real business,
Which is great but how will your project deal with regulatory issues or other constraints when it comes to bridging the gap between cryptocurrency and real-world business? When did you start to tokenize your business, and why did you decide to take Blockstock out of it?
that’s our v1 website, updated version incoming soon, we are as real as it gets. We already have top expert from the traditional exchange world to help us bridge the gap even further than with just the 8to5 timeline. The space needs us.ù.
Q8) How do we invest in the project? Do we have locking period or a minimum requirement to be eligible?
No, the presale will be open and fair, on safeDEX.
Q9) Do you have any plans to attract Non-crypto investors to #BlockStock.Because it is the success of a project to get more investors who are still not in the crypto world. What are the plans to increase awareness around your in non-crypto space?
This is why we created @blockstockbsc it’s a bridge from stocks to defi.
Q10) Which do you think is more important:
- Community.
- Investors.
- Token Price.
If all of the above is important to you which should come first?
We are focusing on investors, without letting the community aside. Everyone likes to see an high price, but my first interest is more on when trading patterns will start forming.
And this was the end of our AMA with BlockStock.
If you have any other questions you can ask here:
ℹ️ℹ️ Useful links ℹ️ℹ️
Website :- http://blockstock.finance/
Twitter :- https://twitter.com/blockstockbsc