we hosted an amazing AMA with No Loss on the 25th of August
And here we will put some of the best questions:
Q1. Can you introduce yourselves to our community?
Dev $NLY :- We are the founders of the project. Ivan and myself are just the part of the team. Also we are the developers on the project.
Q2. Can you briefly tell us what is No Loss Project ?
NoDev $NLY :- Loss project is a community based project. Our goal is to protect the community from scams in a manner of providing deep insight into projects, sharing the crucial knowledge to help every user in easier recognition of potential scam
Also one of the goals is to provide a healthy community which will be growing with each day.
Q3. Let’s now talk about the milestones you have achieved so far and about your upcoming plans?
Ivan :- Well, our current biggest milestone is 250 holders and the finished platform development. Those milestones were hit faster then we expected, as we were working hard behind the scenes on the project. We will start marketing our platform today, also we will accept listing applications and the official launch will be on Monday. Also we will feature some nice giveaways which will include $nlt rewards and promo placements on our listing platform. Be sure to follow us on twitter so you can keep in touch.
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?
Ivan :- The name is something we came up with since the token is a holding token. With uneven fees, it rewards holders the most, and therefore we talked about it being the token you cant lose on if you hold, talking theoretically if everything is perfect of course, and thats how we got the name No loss. Furthermore, the project is mainly a project to protect people from scams and help new investors find good projects to invest in, so it follows our name even better.
The team behind the project, me and Filip amongst others, have a background in programing and got scammed so we got fed up with it and came up with this idea for the project.
And here we will put best questions from our members and No Loss fans:
Q1) No Loss Project expects to launch your own listing platform by the end of August. What are the requirements that an average user must meet to be able to participate in this platform? What do you expect to be the main benefits that this platform will bring to the community?
Dev $NLT :- The platform is ready and will launch on the 28th of August. As a crypto investor, you can use the platform freely, browse the projects and interact with them as you see fit. It is made in a way so it is accessible to everyone who wants to learn about crypto projects, and even though it will not be filled with financial advices on how you should spend your money, it can be a great guide to a project you are looking to invest in. Furthermore it will include a list of vetted projects, that paid to get an audit/check-up from our team and will be graded on a strict grading system universal for every project.
Q2) What makes this project so special compared to the rest?
Dev $NLT :- No Loss token is special because it is among the first to have uneven fees, making it a holding token, that rewards it’s holders properly from every transaction. The project as a whole is different as it is created to rid the crypto world from the scams. It introduces the No Loss platform for token listings, knows as No Loss listing, which will include vetted projects with No Loss stamp of approval and a full verdict, grade, and a summary of the project as a whole buy our dev team.
But we feel like the most promising part about our project is our community.
Q3) I see 90% Locked Liquidity Pool. Mainly No Loss Project involved as an Autonomous yield and Liquidity generation protocol on crypto space. Can anybody involve as LPs in No Loss Project platform? If yes what is the minimum value, should provide in to the liquidity pool?
Ivan :- Short answer is Yes. Long answer is that anyone willing to deposit NLT tokens paired with BNB coins can participate in LP. We will also introduce mandatory LP investments for certain type of projects from our platform, and will therefore make the token even more stable. It will be a good way to keep real investors separate from swinging bots. It is all handled by the pancakeswap platform where we are currently listed
Q4) The 10% Seeling Fees is Good Feature. 7.5% Will go to holder so People WIll Take Interest in Holding Rather Than Selling. Also I Want get more info about Detailing Can You Share WhitePaper for Full Information.
Dev $NLY :- Nice to hear that you’d find the fees good for the holders. That’s the main purpose of making them like that, also those sweet reflections are just stacking up with every single transaction. The holders are the biggest winners in this project
As per whitepaper, there is a whitepaper on our website which explains everything in detail. Here is the link:
Q5) They Made that the purpose for which they have created this project No Loss Project has to do or is directly related to what are THE SCAMS present in this market, since no one wants to get scammed, so, how do they intend to prevent investors from continuing to be scammed?
Ivan :- As we both got scammed, a few times, we realized there is one single problem. That is, the lack of information. You run into a project, with little to no information on it, fake doxxed devs, no real info on the LP or DEV wallets, and you get scammed. These scammers are finding innovative ways to extract the money from investors and take as much as they can before anyone realizes. That is why we created the No Loss platform. It will have all the info on a project you can want, and for the vetted list, projects pay to be reviewed, which if they refuse, is a red flag, and if they pay, well, what scammer wants to get caught? As we have a background in programming, and investing, plus a lot of scars from trusting wrong people, we are pretty well educated on how to spot a scam. And as we will grade every project on a specific set of rules, no one will be able to hide stuff from us. But at the end of the day, you MUST DO YOUR OWN RESEARCH and never invest the money you can’t afford to lose. There were scams that destroyed countries, and although we will give our 100% to protect our users, we do not give out financial advice, it is your money and you do with it as you please.
Q6) Any giveaway upcoming?
Dev $NLY :- Yes!!
We will do huge giveaways on our twitter after we finish this ama! Stay tuned and join our twitter community
Q7) Does your project supports
Local community and what are the plan for awareness of project where english is not spoken?
Ivan :- We are creating a webpage to help people from Balkans understand cryptocurrency better, and we are helping businesses bring crypto into their shops in Montenegro.
Q8) Do you guys feel satisfied by seeing your progresses and achievements till now, when you look back to the day when you have started this project?
Dev $NLY :- Of course we are. Our constant growth just makes our days and we keep going on and on. Our product is finished ready for deployment and we will create a big community in next upcoming weeks
Q9) is getting more popular now a days. It looks NFT has bright future. So do you guies have any plan to include NFT to your project?
Ivan :- Yes. We are going to create our NFT marketplace, and reward holders with NFTs for helping us and working with us
Q10) Southeast Asia is a very vibrant market and many project developed here so what do you think about Southeast Asia and do you have any plan to develop here?
Dev $NLY :- Of course. Our goal is to provide worldwide services to every each one of our users no matter where are they based at. Asian market should be explored and we need to get some visibility out there as soon as possible!
And was the end of our AMA with No Loss.
If you have any other questions you can ask here:
ℹ️ℹ️ Useful links ℹ️ℹ️
Website :- https://www.nolossproject.com/
Medium :- https://medium.com/@nolosstoken
Twitter :- https://www.twitter.com/nolossproject
Tiktok :- https://www.tiktok.com/@nolosstoken?lang=en
Instagram :- https://www.instagram.com/nolossproject/