Below is a recap of the most recent AMA held by the MemePad dev team, addressing important issues and upcoming milestones for the MemePad project
1-) When is the next IDO?
— Next IDO coming hopefully next week, if the team does not change their mind due to market conditions.
2-) Is the roadmap on the website still up to date? With Cross-Chain launches and Meme Coin Generator coming?
— We are going to begin focusing on Cross-Chain launches next. Then we will launch some internal projects, and finally decentralize the platform.
3-) What VC did is considered as a slow rug pull , where they pulled 90% of value of token and dumped their bags slowly on the investors , i know market is hard but i have noticed 10% effect of this on memepad , majority of red candles are generated by the dump VC created. They have even gone too far to dump the tokens when everone is frozen in stake cheating the investors to the highest level. token went from .05-.07 due to the gains it got from safedot and VC’s pulled it down to .4 , what are you going to do abt this , mistakes have been made , will team take responsibility and compensate investors in any way? if the orignal investors of memepad are dumping their bags , how will new investors trust this brand?
— One VC specifically (who i will not mention out of professionality) dumped in a very unprofessional manner. They will not be receiving any more tokens from the team. Other VCs as well, extremely limited or suspennsion of future tokens, same for KOLs. The dump that started at 7 cents was primarily caused by this single VC, and we took appropriate action to help prevent it from happening in the future.
4-) This just means ur own VC doesn’t believe in the project tbh?
— All that matters is that it no longer happens, which we took care of
— FYI, Team/Devs have been very transparent about what they sell. The team was selling about $20–25k a day, which compared to the volume receivied it was not a lot. This was done from a single wallet. This was sold to continue funding the operation, but all dev selling has stopped in this climate. I believe there is no more VC, KOL selling, and of course no team selling right now.
5-) Huge amount of transfers to diff addresses. These addresses also transfers smaller amounts to different set of addresses. Then sell all of those. Only scammers do that. Point is why they do that (vc or team) when all is visible in the chain. do you think 99% of crypto investors are stupid and dont see the transactions?
— VC
6-) On another note have you actually got anymore ido’s lined up? or are you just buying your time to sellout everything from under us?
— Nobody from dev team is selling anything right now, we are focused on building the platform for cross-chain and decentralization.
7-) How long will the selling stops , when can we expect the next dump?
— I cannot predict what holders do, but the dev team will not be selling anything for some time, and if we resume in future we will give advance notice. But when dev team sells, it is small amounts over a day with a cap at $25k a day, and is transparent. So dev team is not the issue with selling, in fact we added several hundred thousand to liquidity a few weeks ago.
NOTE — The next ido (if they do not change the date) should be next week, and will be very heavily marketed.
8-) When will we know if they change?
— We will update you as soon as we can
IMPORTANT UPDATES
— We are planning on launching Polygon memes next, so we are adding Polygon functionality
— Additionally, we would like to ultimately become a more advanced version of DxSale, but with more features and much better experience, also giving token holders much more value, theyre token model is not so robust
9-) When will have safedot staking pool?
— Tomorrow
— 1% of SAFEDOT supply will be put into the staking pool
IMPORTANT UPDATES
— Also, we have confidence that our internal project will perform better than any of the past IDOs. Our internal projects are brand new, not clones of other projects.
— Just like “SafeMoon” created the trend for adding transaction % to liquidity, our internal meme projects have the ability to start new smart contract trends, as we internall invented some of these new tokeonmics
10-) Can you stop saying theres going to be anouncements soon, then a week later still nothing -.- just give a time and date so its something for investors to look forward too?
— As a teaser, one of our internal meme projects incorporates “Buy Bonuses”, which mints tokens on buys to incentivize buying, so if you buy $100 on PCS, you get $110 worth of tokens. But this is balanced by selling transaction fee added to LP.
— We have about 2–3 concepts like this, we are developing now and waiting for strong market conditions. They will launch on Polygon most likely, on our cross-chain dex
IMPORTANT UPDATES
Here is a basic roadmap for everyone:
1: Launch 1–2 more IDOs in upcoming week or two
2: Launch Polygon compatibility
3: Launch internal projects along with others
4: Decentralize MemePad, and make it a much better and stronger version of DxSale
— Do not forget, we are called “MemePad”. We launch memes. We will create our own memes if the other memes are not good, until we decentralize the platform
— We do not want to give hard dates, because missing deadlines harms us more than anything, but rest assured we are working on these things as we speak
Website: https://memepad.co/
Twitter: https://twitter.com/MemePadlaunch
Telegram: https://t.me/memepadofficial
Telegram ANN: https://t.me/MemePadAnnouncements
