1. How will you make the project sustainable, will you vary tax depending on the market. If the price is low the tax is high and if the price is high the tax is low
- The simple answer to make a project sustainable like ours is by having multiple streams of revenue flowing in (which we will generate through incubation of launchpads (projects) and investments varying from moderate to high level) and utilities (we have utilities pre-planned which will be worked on after project launches) to incentivize token holding and also we have an V2 in works which will be 0% sells pressure on creation of trees.
Yes, absolutely tax will vary depending on the market condition.2. How will you use the money from the presale, does it all goes towards liquidity?
- The money raised through pre-sale will be distributed between liquidity and operation costs. Large portion of pre-sale raised funds would go towards liquidity exact number breakdown will be given after pre-sale.3. Will the rewards be native token, avax, usdc.e or mixture?
- The rewards will be in native token for trees.4. How will you make your project interactive so people come back other than to claim rewards ?
- The upcoming utilities like raffle, NFTs, spin the wheel, staking, ama with popular names in this space and much more interesting stuff are in works to keep people engaged other than just claiming rewards. (wait for utility alpha drop)5. Will the team be open for further ideas and pathways and other collaborations in the future, or things set in stone ?
- Absolutely, we are flexible and we don’t think ourselves as we have figured out it all so there is not a set stone moreover we are open for further ideas, pathways and collaborations (with community, as well as with other protocols).6. What’s the utility of the token?
- The Utility of the token after launch will be on exponential growth as we will have capital to make the planned utilities to be real the current utility of the token is to simply provide passive income. $BULL is used for making trees atm , in time when the incubation projects kick in it will have further use cases — e.g. in house currency of a incubated project.7. Will you consider your own dex, staking, vault to add utility ?
- Staking is already present, we are not sure about own decentralized exchange but it can be looked into.8. Can you compound your nodes?
- No you cant compound your trees, compounding might be good in short-term but later on protocol will face adverse effects of compounded trees.9. How will you market, Twitter, and YouTube. Will you market before or after launch?
- 1st phase of marketing will be done by our community by word of mouth and when they will experience the richness of our protocol with lucrative passive income after that we can look into Twitter, youtube and other social platforms if required for now we aim for slow growth — slow growth will help us implement things promptly instead of rushing.10. Will you use influencers as multi sigs?
- Yes we will have 3rd multisig holder that will be an OG from the community and 4th multisig holder will be an influencer.11. Will they do a voice AMA?
- Yes voice based AMA’s are planned after launch.12. What motivated you to start this project?
Alpha bull (founder) and sigma bull (financer) we both were invested in a project called
“Giga chad” it was a node project which sadly rugged and took away 1 million$ worth of treasury funds which made us feel uncomfortable with the fact that instead of the betterment of the protocol they chose to rug their investors and at that time we also got aware of the fact that these projects had heavily built inherent sell pressure in the name of project development but no transparency about the funds whatsoever so this event made us think that what ideas and what progress can be implemented to have a sustainable and reliable protocol.
This is what made us start the project (bull financial) and we took our time and money to build the project from the ground up with absolute transparency.13. Can you list 3 killer features of your project that make it ahead of competitors?
- Incubation of projects which is not done by any other project
incubation of projects will play a big role here (for ex — instead of creating our own p2e why don't we invest in a team of professional game developers who are looking for capital to start off) there is a thorough vetting process for incubating projects and when you equity before the launch of project it allows us to capitalize gains at max level.
- Tapering of rewards after a particular user completes his ROI we taper his rewards on an individual level (we can change rewards for a particular tree) with tapered rewards we will have big enough treasury to support the rewards that come after ROI so this way protocol does not die, investors reap rewards at a price which is valuable and sustainable
(it’s mathematically calculated).
- The team behind the protocol is full of ethics, authenticity, transparency and has planned utilities prior its launch.14. What are the competitive advantages that you feel most confident about?
- The first competitive advantage of our protocol is that we have the best idea for sustainability [which can’t be revealed due to competition risks]
- the second competitive advantage is that we are a new protocol that allows us to have more flexibility than the already established ones
- third competitive advantage we have learned a lot from the other projects mistakes and have implied the opposite of their mistakes for the betterment of our own protocol.15. Do you have plans or options for added taxes for a low price of token?
⁃ Yes, we have plans for the added taxes for a low price of the token and also burn mechanism in place.16. How can you ensure for us that holding this token is more beneficial for the long-term and what is your plan to increase the demand and scarcity of the token?
It simply comes down to utilities we bring to the token which we feel will ensure investors hold it for the long term so
more quality utility = more demand for token = more scarcity of token.17. How will you attract more investors in 2 months?
⁃ We will attract more investors through marketing [social media platforms]. This will only happen our required growth rate is not met18. Will your investments be implemented by the team or by community vote?
⁃ We will have suggestions from both sides (our advisors and investors) considering both sides point of view a decision will be made.19. Are there any plans to burn or block unsold $BULLS tokens? control flexibility, cost and security?
- Yes we do we have an option of burning tokens as well as minting tokens this comes under our burning mechanics (mentioned in WP)20. What do you think are nodes biggest problems and how do you plan to solve them?
- first of all many of them are not even nodes just using it as a buzz word to attract investors
the biggest problem which we think “nodes” have is lack of planning and putting money without thorough research and a mathematically uncalculated system where protocols are not able to understand what % of emission they have and what % of the revenue they need to tackle it.
we already have this calculated that’s why we might have a TREE cap at some point in future21. What makes investors feel safe when working with your project?
- KYC
- Audit
- Communication
- Transparency
- under promising & over-delivering
- Polls22. What will be the breakdown of risk levels that we will invest in ?
- Moderate to high-level investments are planned.23. The biggest problem node projects are facing is the 1/x emission how do you plan to solve that? Infinite compounding killed many projects, how will you counter that?
- first of all, we don’t have a compounding of nodes (TREEs) we simply plan to solve that by generating multiple streams of income we have pre-planned utilities which will be worked on step by step after project launches and also we have a burning mechanism and mostly the sustainability part comes down to
x % of emission < x % of revenue generated24. I dump all my rewards from other Node projects, what will you do to give a reason for people not to dump?
- This will come under utilities if we have high-quality utilities which are innovative and useful for people so definitely that will incentivize you to hold your bags of bull tokens and as you know building such an protocol will take and plan to be here for long term.25. Are you planning on recruiting a marketing manager?
- Yes, absolutely we have plans for recruiting a skilled and joyful community/marketing manager for our community after launch. (let us know if you are interested)26. How will you manage treasury investments?
- We already have 2 advisors onboard our team. There are processes through which they analyses the investments and make the decisions required in favor of protocol by investing the treasury and also there will involvement of tree holders to have a point of views of both sides.
we also have plans for having full fledged dashboard to track treasury investments.27. Any plans for booster NFTs?
- yes we have plans for an NFT booster which will also be tradable on the NFT marketplace and will also have further utilities in future.28. What do you think about each Tree having a specific Lift time (# of claims) before it dies out?
- we might do this when we see people want to hold bull tokens due to it’s utilities but for now we have something called ROT which is rate of tapering after the ROI of an investor is completed.29. Have all members of the team been doxxed, or those members that don’t want to be fully doxxed, are these members’ identities fully disclosed at least to the founder?
- we are all doxxed to each other especially our dev fortis arnis but bino our other dev who was not doxxed to us no longer works for us (he left before the audit of smart contracts).30. Bots seem to be giving all projects a bad start as the price rise and drop too sharply, what will you do to reduce or prevent that?
- we will launch with a 90% sell tax for the first few hours of the protocol launch so any bots buying would get only 10% back after selling so that alone will push the price up but it won’t drop since bots will only get 10% of what they snipe with. (we want to hear what community wants to say about this)31. Have you capped your presale and do the buyers at presale have to make nodes, so they can’t sell during launch affecting the price ?
- Yes we have a capped pre-sale, the buyers have to make TREEs with the token because it wont be tradable so there will be no token dump at launch whatsoever. A medium article regarding
pre-sale will be dropped soon. (we have ATLAS inspired presale which was highly successful)32. How will the team receive their payment, have they allocated themselves a certain amount of bull tokens or do they have a fixed amount of nodes?
- The team has an allocation of 5% of supply distributed in half between the founder (alpha bull) and financer (sigma bull) With a vesting period of 100 days.33. After the 100 days will the team just cash out all their allocation as they are entitled to do so or will they slowly cash out?
- The team will slowly cash out (sell responsibly) to make sure there is no severe effect on price action.34. The initial funding of the project, was it self funded or from a loan?
- It is self-funded by the founder and financer.35.What is amount of liquidity do you plan to start with at launch?
- We plan to launch with 200,000$ LP.36. How’s the team under pressure when things don’t always go to plan?
- As of yet, we have not faced any such situations but we do have devs who can counter any unforeseen situation “calm mind is the strongest weapon” we believe our team can efficiently work under pressure.38. I like the idea of the off-chain investments, although I think ROT is too fast. What forecasting model did you use to calculate sustainability?
- The idea behind 2% might seem a bit higher but after a particular user completes his ROI we taper his rewards on an individual level (we can change rewards for a particular tree) and we have already calculated about the part till what no. Of trees we can sustain at 2% daily APR. We might have a node cap or lowered rewards when we reach x (can’t disclose) amount of trees which are sustainable at 2%.39. Could please tell a bit more about the burning mechanism?
- Burning mechanism is to control emission. We have have a burn token function and a mint token function so we have the flexibility to be deflationary and inflationary so burn mechanism comes into play when we see the need to stabilize the price.40. What will be the bottom percentage for daily rewards?
- Between 0.5% a day to less than 1% a day
special thanks to all the bull fam members who took their time to ask us questions
competition for best AMA question is still running in our discord.
- Transparency
- under promising & over-delivering
22.