we hosted an amazing AMA with MOM TOKEN on the 12th of September
And here we will put some of the best questions:
Q1. Can you introduce yourself to our community?
We are a team of 17 people who have close to 50 years of combined experience in Crypto & Block Chain Technology. We have worked behind the doors for many successful projects in the past. Now is the time we wanna push ourselves & Launch our own meme token. The token name is called Mother Of Memes in short MOM. As the name suggests we would want to be the strongest and fastest developing meme token.
Q2. Can you briefly tell us what is MOM Token ?
We have seen many meme tokens in the past say that they have a specific purpose behind their token. In our observation many failed to do it on ground and it got restricted to mere online promotional activity. We have launched MOM Token with a mission to contribute towards global vaccination drive against COVID-19. We actually have all on-ground resources to reach your donations to end persons. You will see it in reality very soon.
I see the community is mostly Middle East and Arab Countries. We have very good experience with Middle East Communities and worked on many projects previously.
We would be launching native communities in Arabic & Urdu languages very soon
Q3. Let’s now talk about the milestones you have achieved so far and about your upcoming plans?
We are far ahead of our Roadmap. Simple example is our Cross-Chain Bridge. We are the 1st MEME Token launching token on BEP20, ERC20, POLYGON, TRC20 and we gonna have our own Cross-Chain Bridge to swap MOM Tokens across the blockchains. Here is the Bridge Link: https://bridge.momtoken.io/
It’s already developed and all our contracts are deployed and waiting for audit.
Beside that we have completed agreements with Probit, Bitforex, Coinsbit, P2PB2B. In discussion with Gate.io and many regional exchanges to take MOM Token to reach as many people possible.
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?
MOM Token full name “Mother of Memes”. Many Meme tokens/coins have failed to live upto their purpose. As MOM corrects every mistake done by the child. In similar way we wanted to correct the Meme Industry itself and wanted to live up to our Roadmap.
As previously said, We are a team of 17 people who have close to 50 years of combined experience in Crypto & Block Chain Technology. We have worked behind the doors for many successful projects in the past.
We & our community Striving to live up to our expectations. I will show you a small example of how strong our community and PR Team
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 MOM Token’s approach to the DeFi sector?
We are absolutely in love with DeFi. DeFi is going to disrupt current financial system for sure.
What we love most is Liquidity
Where even common man can become a liquidity provider in DeFi space. Where in CEX, Market Making is only done by institutions
MOM Token gonna give huge rewards for Liquidity Providers on alternative blokchain networks like ERC20, Polygon
And here we will put best questions from our members and MOM TOKEN fans:
Q1) MOM plans to give aid and support for Covid-19 vaccination campaigns. May I know, on what country would you first implement your initial donation? Also, do you have partnership with major healthcare providers like Moderna and Pfizer to provide the needed vaccinations?
To be honest with you. We don’t need partnership with Vaccine manufacturers to organise Vaccination Campaign. We gonna start with India and we have partnered with hospitals and NGOs to vaccinate under-privileged.
Even if we need partnership with vaccine manufactures. We have connects and we are very well connected in this space
Everyone are supportive as it is a very good cause.
Q2) I understand that your smart contract has been audited by “SolidProof”. But, do you think just one audit is enough to detect all loopholes and bugs in a contract? Therefore, do you have any plans to file an audit with another top Audit platform like Certik in the near future?
We are already Audited by Techrate and SolidProof. Once our other network contracts are audited by any of these 2 guys. We will go for Certik audit for the whole Cross-Chain Bridge which will have more than 8 contracts.
Q3) Are you planning to promote your project in countries / regions where English is not good? Do you have a local community for them to better understand your project?
As I said earlier, We are planning to launch local communities in several languages. Arabic & Urdu will definitely be the one.
Q4) I think many people here are quite interested in the $MOM , both utility & structure. how does $MOM work as a utility token for the network. how does it benefit for both the network & the owner. Is there any reward mechanism for holding $MOM? What are the benefits of Holding?
2% rewards come from the 5% Tax charged on every transaction.
If you provide liquidity on any SWAP. Rewards Pool will be very huge.
Q5) Marketing strategy is very important. A product can be established on the market without marketing and promotion, whatever it is good. So what are your plans for this? How will you build strong relationships with communities?
MOM is associated with many Global Influencers & strategic partnerships. We reached out to many verified crypto influencers and explained our Initiatives. They were happy to endorse our MOM Token.
Here are the few of Global Influencers Onboarded and also Onboarding is in process for MOM Token :
Unverified – We have 400 + highly influential influencers who would talk about MOM Token every day.
Apart from this we have a partnership with 70M+ Meme Network
You will see creative memes across Instagram and other social network from tomorrow
Q6) Do you have any plan to go for cross-chain to develop some great features for all of your products? Any plan to incorporate with BSC/Polygon?
Here you go, Take a look at our Bridge: https://bridge.momtoken.io
If you are fan of the Polygon network. We have already incorporated 😉
Q7) How can I buy this tokens? Is it available on any exchange?🔥🔥🔥
If you wanted to buy at Pre-Sale stage, Here is the link: https://bit.ly/3yZyO9c
Once Pre-Sale is over, Token will be listed on Pancake and other Swaps. CEX: Probit, BitForex, Coinsbit, P2PB2B. Listing on other big exchanges once we are on CMC.
Q8) Regarding what “CHARITY” is and knowing that there are many causes in which you can help, why mom Token have decided to help specifically because of “THE GLOBAL COVID-19 VACCINATION CAMPAIGN” and by the way, token holders $MOM influence for that decision making or not?
Good Question. We are already tired sitting at home for a long time. So we chose Covid as a cause and we have very good connects in this space. We will incorporate voting for MOM Holders in possible. Nice thought btw.
Q9) Platform adoption and knowledge is critical for both creators and users! So, what are your goals to attract additional users and non-crypto people alike?
Reaching Non-Crypto users is one of our goal. Our PR team is very much strong and we can already see the results of our marketing. Many non crypto users are asking us easier option to invest in MOM. So we wanted to focus on bigger regional CEX, where CEX are already to trying to educate non-crypto users. CEX and MOM will go hand in hand to reach non crypto users. That’s how MOM will reach next level and also contribute our 2 cents to this blockchain industry.
Q10) Nearly 80% of investors focus only on the price of the short-term token instead of understanding the true value of the project. Can you tell us the motivations and benefits for investors to hold your tokens for the long term?
- Huge rewards for providing liquidity across multiple blockchains.
- Launching NFT platform exclusively for Memers. NFT platform would be our revenue model.
And this was the end of our AMA with MOM Token.
If you have any other questions you can ask here:
ℹ️ℹ️ Useful links ℹ️ℹ️
Website :- https://momtoken.io/
Twitter :- https://twitter.com/momtokenglobal
Facebook :- https://facebook.com/momtokenglobal
Instagram :- https://instagram.com/momtokenglobal