BlockTalks x DaoLand AMA Transcript!

Hello! BlockTalkers & Blockchain Enthusiastic!

We recently hosted an AMA with DaoLand, on April 24th at 3.00 PM UTC. Many of you might have participated or many of not. But we make sure no one missed out from the knowledge shared by Aleksei Kopievskii, Representative of DaoLand. So here we are up with the AMA transcript, for those who missed the live session, this blog post will be a saver & feeder of knowledge for them.

Introduction Questions Asked By Team BlockTalks!

Q1. Could you please introduce DaoLand to our community in layman’s term?

Ans — DaoLand is a hybrid DAO ventures, where people will be able to participate in fundraising activities through token mining. It’s like a Binance Launchpad, but full DAO.

Q2. What are the advantages of DaoLand to other alternatives in the Blockchain field?

Ans — We’re planning to be like a CoinList, but decentralised. Full DAO, all decisions under community. Tickets mining, a lot of interesting things.

Q3. What are the major milestones DaoLand achieved so far & what are in the future pipeline?

Ans — Achieved? Welcome to test testnet application 27th of April. Also we’re waiting for security audit from Certik.
Team is planning to release full application before TGE. So, it’s an opportunity for community to use platform from first days of launch

https://twitter.com/dao_land/status/1385714497160105986

Questions Asked on Twitter For DaoLand Team!

Q1. How to participate in private funding deals through mining activities in your platform? What are those mining activities are active in Dao Land? Can anyone is eligible to participate with the funding deals? How to earn with this funding deals?

Ans — First of all need to check our lite paper. You can earn $DLS only by staking $DLD. But why we’re calling this “mining”? $DLS has blocks count, halving. For example. Halving period for $DLS - 91 days. Users will divide 1000 $DLS tickets per each 7 days. After 91 days, users will receive 500 $DLS each 7 days. Then 250, 125... so, in future $DLS tickets will be unique. And after using $DLS tickets we’ll burn used $DLS. That’s why participating in future deals will be available only for long term platform users.

Q2. DaoLand is a unique combination of DAO (decentralized autonomous organization) and venture fund. what are the advantages and benefits of this service for the community for real life?

Ans — I’ll provide just small example. Our team will take % in tokens like a commission for placing investment deals in our platform. These tokens will come to our vault. And in future DAO mechanisms will grant rights to distribute this tokens via DAO voting. Full DAO for all community.

Q3. DAOland has two tokens $DLS and $DLD, both are needed to participate in investment agreements, what are the short/long-term benefits for the holders of these two tokens? Just staking $DLD is that I can win $DLS or are there other ways to get it?

Ans — Mine. $DLD will has price, you can use this token for staking, trading and earning $DLS. $DLS is your DAO vote and tickets. This token won’t trade on exchanges. And if you want to understand full power of platform, you have to stake $DLD and earn $DLS. Team can mint $DLS for marketing purposes and maybe you’ll have chance to earn additional $DLS.

Q4. Many platforms have a referral system. What makes your project referral system superior to other projects in the market? What are the advantages that you offer in this regard compared to other projects?

Ans — I can say that team is planning to add referral system to our platform. And you have to check our announcement channels, because soon you’ll see benefits and how to participate in referrals program.

Q5. Projects that are not traded on major exchanges remain unnoticed. What do you think about listing the token on the leading exchanges?

Ans — Yes, we know that. Once $DLD will be listed on DEX, in few hours we’ll list token on major CEX. We already have deal, but unfortunately everything under NDA and we can’t disclosure this info.

Questions Asked by our BlockTalks Community Members during live Session to DaoLand Team!!

Q1. What does DaoLand think of the NFT and DeFi boom that has caused so much interest in the world? How do you take advantage of this momentum?

Ans — We’re not checking NFT space. DAO investments - another field. We’re aiming to bring retail investors to private deals.

Q2. About $ DLD staking I read that the pool itself is unlimited in terms of size and duration and subdivided into cycles, can you tell us how does this rounds happen and how is it user friendly for the new investors?

Ans — We’ll have timing. Each 7 days you can participate in staking, but yes pools are infinity.

Q3. Why DaoLand?

Ans — Decentralised land, maybe space. I like your question 👍
Like a planet with decentralised community and venture deals.

Q4. What new projects does Dao Land have planned for 2021?

Ans — We’re closely working with our VCs, who will bring new deals to our platform in future.

Q5. Token burning is beneficial for any project, as it controls the amount of token circulation and provides greater incentives to investors. Does your great DLD project have plans for burning tokens in the future? and what is the method of burning it?

Ans — We won’t burn $DLD, but will burn $DLS. Burning $DLD can broke all projects economic aspects.

Here are some important links of DaoLand 👇

🌎 Website: daoland.io

📱 Twitter: twitter.com/dao_land

📢 Telegram: t.me/daoland_channel

📚 Light Paper: daoland.io/DAOLAND_LIGHT_PAPER.pdf