we hosted an amazing AMA with MicroTuber on the 2nd of December
And here we will put some of the best questions:
Q1. Can you introduce yourselves to our community?
hello, i’m Edward Yi, the CTO of Microtuber. I’ve been involved in the blockchain industry since early 2017.
i am the co-founder for Coin Genesis, a blockchain and platform development company, and previously was employed as the Chief Security Officer for Black Shield.
since 2018, I’ve developed smart contracts and private blockchains for several companies in South Korea, China and USA.
i’m a University of Texas graduate with a Bachelor of Science in Management Information Systems. I have 5+ years experience as a programmer and systems architect, focusing mainly on solidity smart contracts.
Q2. Can you briefly tell us about Microtuber?
Microtuber (MCT) is a cryptocurrency approved for use on the Seed-Box platform, which can be used to place stakes and purchase agricultural items once stockpiling is complete.
It is the world’s first agricultural crowdfunding platform that combines traditional crowdfunding methods with blockchain technology.
The Seed-Box platform connects consumers with farmers by providing financing, risk and reward opportunities for both the user and the farmer.
After completing agricultural crowdfunding projects, items can be purchased from the Marketplace application using MCT.
Some of its facilities are:
- Used for installation on Seed-Box
- Rewards are paid in MCT on Seed-Box
- Used to buy items from Myfarm Marketplace
- Redeem as reward points after every purchase on Myfarm Marketplace
- MCT is multi-chain, so it can transfer between ERC20 and BEP20 through our Cross-Chain Bridge.
- Will be used in the Metaverse as currency for trading NFTs and Items
Q3. Let’s now talk about the milestones you have achieved so far and about your upcoming plans?
in the early stages, Microtuber officially listed on Gopax exchange in March of 2021. We have since then developed Seed-Box Staking platform and myFarm marketplace app for android and ios devices.
we have recently completed building our own cross-chain bridge, which will allow swapping between erc20 and bep20 MCT tokens. We have completed the beta test of the cross-chain bridge and have launched our MCT token on the binance smart chain today to prepare for PancakeSwap listing.
to summarize our short-term and long-term goals, i will list our roadmap below:
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?
Micro means small, and tubers means potato, or the overgrown structure of roots in plants. We combined the words Micro and Tuber to create the idea that something very small could save the world from hunger.
We have a team of 15 members who specialize in Blockchain, Agriculture, Business and Marketing. You can find all our team members and their information on our website. https://microtuber.io/
And here we will put best questions from our members and MicroTuber fans:
Q1) Microtuber right only available for South Korean. What is your listing strategy for global investors? Are there any exchanges you already contact with?
So we have expanded our ecosystem to the Binance smart chain by linking our erc20 to bep20 and it will be listed in Pancake Swap on December 3, 2021 at 7AM UTC.
Q2) Staking program is very important for
any project, Can i stake your token? Do you have any plan of starting staking program?
Yes we agree. Microtuber’s blockchain business model at its core is challenge, yield, and stabilization. To ensure that Microtuber products will be in demand in the long term, we have created a unique one-year roadmap. Each staking event will allow a Microtuber to create new agricultural products fortified with special nutrients, such as Saponin, and test them with lab results to demonstrate innovation transparency. We plan to continue creating and implementing challenge strategies across all of our platforms, including the upcoming MetaFarm.
You can check out our one-year roadmap here:
Q3) How secure Microtuber platform is? Have you applied security audits for smart contract? Is there any audit checklist applied to your platform?
yes that is correct, smart contract vulnerability is a big risk to the business, exchanges and to investors of Microtuber. Therefore, we have been audited by Certik, and received a score of 99/100 on our smart contract audit report.
you can view our certik audit page here, which includes the PDF to the audit as well: https://www.certik.com/projects/microtuber
as many people think security is the biggest problem with smart contracts, we paid the most attention to security using the best blockchain technology.
for security, we used a multi-validator scheme to create our cross-chain bridge. The Microtuber’s cross-chain bridge is built with a total of 5 servers including 3 validator servers and 2 relayer servers. When token swap is in progress, the same information (TxID, TxTime, TxBlock) is transmitted to the three validator servers and is transmitted to the relay server through the internal verification service. In this case, token swap is performed only when two or more validator servers among the three validator servers transmit the same information.
in addition, as the three validator servers are completely independent servers from each other, it is impossible to send a false transaction if a validator is hacked, and it has the advantage of being able to swap in another relay server even if one relay server has a problem.
microtuber will always audit and take extra steps to create a secure environment when building all of our technical developments.
Q4) Do you have any Coin Burn / BuyBack systems or any Token Burn plans to increase the value of Token & attract Investors to invest?
Yes, we currently have a few repurchases and token burns to increase the value of the token and maintain a healthy sustainable token economy. We plan to do this on a regular basis. Burns can be checked on our scanner for transparency.
Q5) Binance smart Chain blockchain is having high transaction speed and cheap gas fees, Are you planning to launch your mainet or switch to other blockchains in the future?
we have recently completed building our own cross-chain bridge, which will allow swapping between erc20 and bep20 MCT tokens. We completed the beta test of the cross-chain bridge and have launched our MCT token on the binance smart chain to prepare for PancakeSwap listing.
users will be able to bridge MCT token between binance and ethereum networks on our cross-chain bridge. when a user sends erc20 MCT tokens to bsc, they will be locked in the swap contract, and a corresponding value in MCT tokens on binance smart chain will be consequently unlocked. MCT users will get access to PancakeSwap and future DEX and CEX services.
now MCT users will be able to switch between ethereum and binance smart chain, meanwhile all features of
platforms will be become available to BSC users. You can transparently check the movement of tokens on Etherscan and BSC Scan.
as we proceed with our technical developments, we will always consider adding MCT to new chains to implement new blockchain innovations as we build our platforms.
Q6) Where Can I buy it?
also all The links to all your social media platforms if possible?
On december 3, 2021 at 7:00AM UTC, we will list and provide liquidity on pancakeswap as MCT-BNB pair.
We like to keep our community informed and share any announcements on all our social media channels.
I will list the social media channels below:
Website – https://microtuber.io/
Telegram Eng – http://t.me/microtuber_en
Telegram Korean – http://t.me/microtuber
Twitter – https://twitter.com/micro_tuber/
Medium – https://microtuber.medium.com/
Youtube – https://youtube.com/channel/UCBxY92VhkRwG96SvEIZEYwg
Facebook – https://facebook.com/MicroTuber
SeedBox – https://seed-box.io/
Android – https://play.google.com/store/apps/details?id=com.myfarmplace.mobile
iOS – https://apps.apple.com/us/app/%EB%A7%88%EC%9D%B4%ED%8C%9C/id1576494078
MCT Cross-Chain Bridge – https://bridge.microtuber.io
Etherscan – https://etherscan.io/token/0x6876eba317272fe221c67405c5e8eb3b24535547
CoinGecko – https://www.coingecko.com/coins/microtuber
Coinmarketcap – https://coinmarketcap.com/currencies/microtuber/
Q7) Can you explain how is your Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team?
sure, Microtuber takes an effort to always be transparent and share a long-term vision to our investors to make sure they can believe and trust in the project.
I will list the token allocations below:
Q8) What are your upcoming marketing plans ? For a big holder what is the main benefit of your project for holding long term ?
yes that is correct, marketing and community relationship is a very integral part of a blockchain company.
we believe that the blockchain and business aspect needs to work cohesively together. Therefore, Microtuber will focus on conducting online and offline marketing together.
Q9) What are your upcoming marketing plans ? For a big holder what is the main benefit of your project for holding long term ?
offline marketing: Currently, Microtuber has corporations and teams established in several countries, including the United States, Russia, Kyrgyzstan, India, Indonesia, and Cambodia.
in addition, we are continuously partnering with various supply chain companies in many countries to prepare to distribute microtuber’s seed potatoes and organic nutrients, world wide.
Q10) your token operated from NFT ?? Sir do you believe in NFT ?? Is NFT really that popular ??
yes we truly believe NFT is part of the blockchain future and there are so much integrations that are possible now with current and upcoming technology.
LAND, SEED, and items will be projected as NFT’s to show ownership and utility function in our MetaFarm. We will also incorporate NFT’s in Seed-box for those who decide to use the platform to stake in MCT. Stakers will be able to receive exclusive NFT cards that can be used right away in the metaverse.
as farmers can yield farm and acquire different RNG (random number generator) of nft items in our MetaFarm.
And this was the end of our AMA with MicroTuber.
If you have any other questions you can ask here:
ℹ️ℹ️ Useful links ℹ️ℹ️
Website :- https://microtuber.io/
Medium :- https://microtuber.medium.com/
Twitter :- https://twitter.com/micro_tuber/
Facebook :- https://facebook.com/MicroTuber
YouTube :- https://youtube.com/channel/UCBxY92VhkRwG96SvEIZEYwg