On November 27th 2021, our community had a chance to welcome Mr. Nhat Phan - CO-FOUNDER & CEO OF BHOLDUS to join an AMA to deliver helpful information about the key features and roadmap of the project.
This AMA was held by CryptoFamily Group – the top crypto community in Vietnam, where investors and traders can obtain the latest news and signals from bot/ admins, as well as discuss and share investment experiences in the crypto space.
🔎 BHOLDUS (http://bholdus.com/) is a blockchain dedicated to DeFi apps and NFTs with unprecedented transaction throughput and security.
At this AMA, Mr. Nhat Phan directly greeted the community and provided detailed information on the project as well as some exciting events that will be held in the near future.
Time: 21:00 PM (UTC+7) | Saturday, 27-11-2021
Venue: https://t.me/CryptoFamilyVN
Reward Pool: 5000 BHO for members with the best questions
Below are some main points of this AMA session:
PART I: INTRODUCTION OF BHOLDUS:
1. Can you introduce yourself and BHOLDUS to our community?
Mr. Nhat Phan: My name is Nhat Phan, Co - Founder & Ceo of Bholdus. With over 10 years experience in crypto currency and as an investor/financial advisor, I have researched and invested in many blockchain projects. But for me, Bholdus is the most enthusiastic project. Bholdus is a blockchain dedicated to DeFi applications and a platform for NFT and Gamefi with unmatched transaction throughput and security. We aim to be the bridge between the real world, the tech space and the crypto space. We can say that Bholdus is growing at rocket speed. In less than 5 months, Bholdus has been a success story in Singapore and Vietnam, attracting more than 77,000 holders, reaching Top 1 Trending on Crypto & CoinMarketCap, being in Top 3 Most Popular Searches on MEXC, Polkaproject's Top 10 24H trading volume, is being verified by CertiK with a score of 96/100, which are just a few highlights of Bholdus in recent times. We recently confirmed ViruSs, a leading Asian Streamer with 4 million Followers, to be our Gamefi Community Advisor - you can read about it on popular financial media Bloomberg.
And today, the release of NFT, one of the key features of blockchain, was completed on Bholdus' Testnet platform, with the first NFT being the official logo of the project. With this feature, users will be able to create their own NFT from image, audio or video files, which can be used for different applications in the Bholdus ecosystem. We just announced the FIRST NFT LOGO ON BHOLDUS CHAIN at 11am (GMT+7) today. Those are just some of the first incredible milestones and many more to be conquered in the future. We are on our way to be the next Unicorn in Southeast Asia for Blockchain & Fintech.
Nhat sincerely hopes to get your support to spread our story so that we can build the new Unicorn together in this digitized world. Join our extended family and become a Bholdusian.
CF: Well, many thanks for Mr Nhat's great answer. Lana is sure that the team members are eager to hear more about this quality Vietnamese project
2. Can you briefly describe what Bholdus is?
Mr. Nhat Phan: Bholdus Chain is a blockchain network dedicated to decentralized finance (DeFi) applications and non-fungible tokens (NFT). BHO is the official native token representing the multi-chain network of Bholdus Chain. Our ecosystem includes SMEs, digital assets and other blockchain platforms such as: Polkadot, Binance, Ethereum... and other DeFi projects developed on other blockchain platforms. Bholdus is a blockchain network that provides decentralized financial services. It provides a place for SMEs around the world to access the vast market by removing barriers created by language, culture, belief, economic strength and political situation of each country.
Right now, let's talk more about the first NFT logo on our chain.
Previously, Bholdus has been gradually perfecting its blockchain according to the previously announced roadmap, including the successful creation of its own digital assets, Staking implementation, cross-chain connection to the Binane Smart network Chain, smart contract verification and verification of CertiK, and in the process of building Alpha Masternodes in preparation for Mainnet launch in December 2021.
For Bholdus, issuing NFTs is an important part of the company's growth path as NFTs can represent real-world assets, opening doors for individuals as well as SMEs to continue Access new funding channels in the DeFi world. Currently, Bholdus' NFT release feature is a "hot" topic on social networks. Many DeFi communities and influencers around the world have simultaneously posted and animatedly discussed the topic. At the same time, they also changed their avatar to an NFT version of the Bholdus logo. This further shows the community's interest in the new feature of Bholdus, as well as the growing potential of the project as Bholdus is approaching the Mainnet launch event.
According to a report by Brand Essence Research, the global NFT market grew 328% of total transaction value from the first half of 2021 to the third quarter. North America is expected to dominate the global NFT industry with the highest proportion of transactions while the development of digital art is also increasing. The Asia-Pacific region is forecast to witness the fastest growth in the global NFT industry due to numerous advancements and the launch of a wide range of NFT collections. Many official channels have posted news about this event of Bholdus:
1. Globenewswire: https://www.globenewswire.com/news-release/2021/11/27/2341671/0/en/Bholdus-successfully-issued-NFT-on-its-bl
2. Finance Yahoo: https://au.finance.yahoo.com/news/bholdus-successfully-issued-nft-blockchain-062200092.html
3. Morning Star: https://www.morningstar.com/news/globe-newswire/8401445/bholdus-successfully-issued-nft-on-its-blockchain
4. Marketwatch: https://www.marketwatch.com/press-release/bholdus-successfully-issued-nft-on-its-blockchain-2021-11-27
5. Canadian Insider: https://www.canadianinsider.com/bholdus-successfully-issued-nft-on-its-blockchainhttps://finance.yahoo.com/news/provider-globenewswire/
6. Street Insider: https://www.streetinsider.com/Press+Releases/
In that trend, BHO tokens will be used to pay fees for NFT transactions, creation and exchange in the vibrant ecosystem of the project in particular, and in the booming NFT market in general.
CF: Many thanks for the more detailed and enthusiastic answer from Mr Nhat Phan. Now let's find out the next question.
3. What are the core features of BHOLDUS? What makes Bholdus different and unique from all the other projects out there?
Mr. Nhat Phan: This is a really interesting question. Bholdus really has many core features and each has a uniqueness that makes them stand out from other projects. In our ecosystem we have: Blockchain BHOLDUS, Bholdus Wallet, Multi-chain DEX, BHO, Staking, DAO, Lending, Blackhole Pool. BHOLDUS Blockchain has the fastest and cheapest transaction fees. Transaction speed and fees are important factors for evaluating a Blockchain project. With BHOLDUS, transactions per second (TPS) can go up to 10,000, while network fees will remain the cheapest. BHOLDUS Wallet helps users to store their crypto assets on it, manually, securely and safely. With BHOLDUS Wallet, users will be as secure as when storing on decentralized exchanges. No more worrying about assets or personal information being stolen by hackers. We promise that this will be the most user-friendly app with great UI/UX. In addition, it is compatible with various DEX aggregators. In short, BHOLDUS Wallet is a multi-network wallet that can store any coin the user wants. Our DEX offers a multi-chain decentralized financial blockchain platform that connects to a variety of digital assets and integrates with other Blockchain networks such as Binance Smart Chain's BEP-20, Ethereum's ERC-20 , Tron's TRC-20, Polkadot ... so customers only need to trade on a single DEX platform and still be able to trade between different networks, instead of having to swap between different DEXs as before. BHOLDUS (BHO) is the digital asset and represents the capitalization of the BHOLDUS project. Participants use BHO to pay transaction fees for the network and BHOLDUS Dex, or use it as the governance token of BHOLDUS. The total supply of BHO is 10 billion, which will be imported into the BHOLDUS Blockchain network at the time of mainnet launch and future upgrade. Now, let's talk about DAO. DAO stands for Decentralized Autonomous Organization, uses BHO token to vote on governance rules of Bholdus system.
We also have a Lending feature that allows lending right on the BHOLDUS chain with a variety of digital assets, loans managed by smart contracts without intermediaries. Our Black Hole Pool helps with rotation and ensures constant liquidity. Businesses will have the opportunity to access DeFi resources using real-world assets that are digitized and audited through cryptographic work. They do this by tokenizing their financial assets into NFTs and using these NFTs as collateral in their Black Hole Pool. For example, given the current hot trend in the NFT gaming industry, BHOLDUS helps players tokenize their game as NFT, creating liquidity and making it interoperable with any technical asset. any other number.
But NFTs don't just stop at virtual assets. With its incredible uniqueness and traceability features, NFTs can be used to represent real-world assets, including valuable financial data or emerging startup ideas. of small and medium enterprises to show their creditworthiness. This is the goal that BHOLDUS is aiming to provide small and medium businesses with access to global capital from investors on the BHOLDUS network.
4. I see that BHOLDUS Token has a token named BHO, can you explain this name? What benefits can investors get by holding BHO? And how to buy?
Mr. Nhat Phan: This is one of my favorite questions. BHOLDUS stands for Black Hole Decentralized Exchange of US. In Hindi, Bhold means Brave, BHOLDUS means "our bravery". We want to send a belief, and mission to all those who accompany the project. We will create a Black Hole Pool, attract all financial flows, and make it profitable for investors. And we must be very brave, to accept all difficulties and thorns ahead. Just go, and you will get there! BHO holders have rights including voting, proposing referendums, electing board members, and more. In addition, BHO holders can make a profit by providing loans to other users in need. BHO holders participating in the network as Validators and Nominees can also be awarded prizes for their contribution to the governance of our network. Now you can buy BHO Token anytime on PancakeSwap or MEXC Global. We have reached TOP 1 Trending on Coinmarketcap, Top 3 Popular Searches MEXC with more than 77,000 holders around the world. You can join the BHOLDUS BHO community 🇻🇳 Our VN community to stay up to date with the latest news and ask any questions about how to trade.
5. Both the team and the project are going strong - Can you reveal what your marketing plans are for the future, what will keep the momentum going?
Mr. Nhat Phan: Bholdus is a globally oriented project and our coverage is reaching many countries. That's the reason for today's AMA. Currently, we are focusing on Vietnam, our native market and other markets with big interest in crypto like USA, China, Korea, India, Russia, Turkey, Philippines, Brazil, Nigeria, Indonesia, ...For Marketing activities, we focus on developing the community, especially the community in Vietnam and the international community in countries that love cryptocurrencies. We regularly organize large Airdrop activities in markets, list on local exchanges, or have strategic partner locations in local areas to help us connect with the community better. The most important thing is that all of our Marketing must come from the way we make products, launching products like The first NFT logo on Bholdus Chain today or our Mainnet event in September 12th (after only 3 months of listing, we launch Mainnet). I believe that no matter how good the Marketing is, if the product and progress are not guaranteed, everything is just a drawing. So trust that Bholdus' marketing activities will be accompanied by product news. Hope you can see that we have a focus on good and lasting products, not just Marketing.
CF: Many thanks for the enthusiastic and informative replies of Mr Nhat CO-FOUNDER & CEO of BHOLDUS. Now the CryptoFamily community can't wait to move on to the hottest segment of today's AMA. We will have 10 winners in this live questions.
PART II: BEST LIVE QUESTIONS IN CRYPTOFAMILY GROUP
1.How important is it to be audited by Certik?
Mr. Nhat Phan: CertiK is a pioneer in blockchain security, using best-in-class AI technology to secure and monitor blockchain protocols and smart contracts. To date, they have worked with over 1,300 enterprise customers, helped secure more than $90 billion in digital assets, and discovered more than 23,000 vulnerabilities in blockchain code. Their clients include leading projects like Aave, Polygon, Binance Smart Chain, Terra, Yearn, and Chiliz. Being audited by CertiK will ensure that Bholdus is free of vulnerabilities, protected against attack, and has no terms that are detrimental to users. Overall, the safety score of Bholdus is 96/100, a pretty high score compared to other blockchain projects audited by CertiK with 98% of users voting the project as safe.
2. $BHO ia very good, i reading that Bholdus' Staking Event is presently an extremely intriguing issue, if it's not too much trouble, give me some more data and guidance on the most proficient method to stake $BHO?
Mr. Nhat Phan:
Staking Rewards Event is a way for the Bholdus team to show our appreciation and gratitude for the outpouring of support from communities. This 3-month event is an opportunity for all investors to earn a passive income with a higher interest rate than typical staking programs, as Bholdus’ Staking Event offers an interest rate of up to 50% per annum. Additionally, it is one of many exciting activities to welcome the future launch of several products and services, including the Bholdus Mainnet in December 2021.
You are welcome to join our Bholdus’ Staking Rewards Event:
- Please sign up/sign in your account in sale.bholdus. com
- Please send BHO tokens to the staking wallet address on Bholdus website=
- You will receive your deposit after 90 days and interest depending on the staking program of your choice.
- There is no maximum limit of BHO for staking, and one wallet address can be used for both programs.
- Please find the detail program at: here (https://bholdus. com/blog/article/bholdus-launches-staking-rewards-event-offering-up-to-50percent-interest)
3. What is the method of converting assets to NFT?
Mr. Nhat Phan: Bholdus uses NFTs to represent real-world, digital assets and evidence of creditworthiness, including but not limited to artwork, real estate, audited financial statements payments, audited invoices or mortgages, property rights, etc. Bholdus can help issue various digital assets as NFTs in the Bholdus chain. Each NFTs token will be a unique identity. Today, the release of NFT, one of the key features of blockchain, was completed on Bholdus' Testnet platform, with the first NFT being the official logo of the project. With this feature, users will be able to create their own NFT from image, audio or video files, which can be used for different applications in the Bholdus ecosystem. Hopefully with Bholdus' NFT tutorial clip, everyone will enjoy. It's very easy to create an NFT less than 1'
4. Could you please name some of your strategic partners? And how are they reaching out to the BHOLDUS community?
Mr. Nhat Phan: Recently, Bholdus announced a strategic partnership with the Singapore Blockchain Association Co-Chair to create an incubator for GameFi and Metaverse projects.
Mr. Chia Hock Lai currently holds the position of Co-Chairman of Blockchain Association of Singapore and CEO of ASIA DLT. He is also serving as the CEO of Switchnovate and Senior Blockchain Advisor of Tembusu Partners. Mr. Chia has over 20 years of experience in the finance and technology sectors, with extensive experience in organizations such as the Government Technology Agency of Singapore (GovTech) and NTUC Income. With his active contributions as a prominent leader in the FinTech and Blockchain community, in 2018 Mr. Chia was listed in the top LinkedIn in the Finance sector. With Bholdus' technology background, experience and network of Mr. Chia Hock Lai, an incubator created for GameFi and Metaverse projects will have a solid base to grow. Establishing this strategic relationship is also the first step for Bholdus to gradually realize its goals and mission in the blockchain industry. We have ViruSs - Asia's leading Streamer with 4 million followers become a GameFi Community Advisor for Bholdus.
In addition, Atom Solutions, a Japanese fintech company, started rolling out the world's fastest overseas money transfer service with the lowest cost from just 5 cents since 2019. The company is promoting the service. This service is available in Vietnam and the Philippines, where they have signed cooperation agreements with domestic e-wallets.
5. Does BHO's NPoS consensus algorithm have any advantages over the two popular consensus algorithms PoW and PoS?
Mr. Nhat Phan:
In addition to the advantage of POS that does not cost blockchain mining like POW, plus the nominator authentication mechanism, NPoS will contribute to increasing transparency, security, and on-chain validation speed. Bholdus is a multi-chain, ie BHO will be issued on many different blockchain platforms such as BSC, Ethereum, Solana… The cross-chain mechanism helps the Bholdus chain to interact with other chains easily. And help expand the community and ecosystem on the Bholdus platform.
6. What is the purpose of BHO's crosschain? Could you please enlighten me further?
Mr. Nhat Phan: Bholdus is a multi-chain, ie BHO will be issued on many different blockchain platforms such as BSC, Ethereum, Solana… The cross-chain mechanism helps the Bholdus chain to interact with other chains easily. and help expand the community and ecosystem on the Bholdus platform.
7. It is known that Bholdus will not burn the token, so what plan does BHO have to increase the value of BHO token instead of burning?
Mr. Nhat Phan: To increase the value of BHO Token, the best way is the team to focus on the product, giving investors and users the best product. As long as the Bholdus chain works well and has a great user experience, there will be many projects that want to develop on the Bholdus ecosystem. And until then, the BHO value will automatically increase in the most natural and sustainable way.
8. What are the milestones that Bholdus has achieved so far?
Mr. Nhat Phan: For product development, We developed mobile wallet integration and launched testnet for Digital Assets. Just had Certik test and certify our smart contracts
Strategic partnership with Singapore Fintech Association, CANCHAM Vietnam, BroctagonTechQuartier, Global DCA, Kambria and Atom Solutions
Launched on Pancakeswap, Coingekco, MXC and Coinmarketcap. Talented team around the world with over 100 team members.
Backers and Advisors from many large Companies and large MNCs.
$BHO entered the world top 10 companies on CMC right after listing 24 hours.
Top 1 Global Trends about CMC
Audited by Certik with 89/100 security score
On the Polkadot ecosystem
You can find more information here:
9. Currently, there are many cases of scams in the crypto world. Can you tell us what security solutions Bholdus offers to keep the privacy and security of the platform's users? Is it planning to upgrade or add more premium features to make it more user-friendly?
Mr. Nhat Phan: The value of the token corresponds to the number of token holders. The more users of BHO wallet, the higher the value of BHO. We are planning to have multiple Bholdus Network users. In the early stages of building Bholdus, we will focus on our main features like trading staking etc. In our quest to build the Bholdus network, there will be more DEX participants, followed by listing of BHO on various exchanges. By building the sdk, the central, open network organization for the integration of other blockchain networks, we are planning to develop an ecosystem powered by potential services (reference to token.io) as a comprehensive ecosystem, not simply referred to as a BHO exchange. Considering our startup time, we have been aiming to build a blockchain network since the early years of our startup. Our experience working with partners (Vietnamese banks, international financial institutions) has added to our understanding of blockchain over the years. We found that traditional banking services such as international payments, capital financing have many security holes, complicated transaction procedures and non-transparency issues. We are confident that our teams have enough knowledge and experience to operate a standalone blockchain network. This is partly based on the investor's observation through information about our project in the mass media and publications. It should be added that all the projects of Bholdus are rooted in transparent record and its famous project - Hawking is still in operation.
Bholdus is unique compared to other projects because our product is launched because our product is available before any investment call, besides having a good forerunner. Unlike scam projects with dubious information there is no real application or product. Furthermore, the BHO smart contract will be published for transparency before our early bird sale is implemented on BSC. This contract has a very clear function and lock-and-open mechanism, Bholdus initial strategic investors are not allowed to sell their coins immediately, but instead, their holdings will be released out quarterly.
10. There is a lot of interesting things happening in the NFT space and NFT is becoming a very hot trend right now in the Cryptocurrency space. How does Bholdus catch on to that trend and how do you differentiate yourself from the competition in the market?
Mr. Nhat Phan: NFT seems to be going mainstream beyond the crypto and tech space, and isn't limited to traders of similar currencies. Bholdus' main business is decentralization of real assets and we also have many years of experience in the fintech sector where we connect with regulators, which gives us more advantages to support NFT business models in the long run.
Regarding the technology that powers NFT, Bholdus is absorbing all the most up-to-date knowledge and lessons from existing players in the market, so we believe we will create a blockchain platform very advanced.
CF: Seems like there're many things to learn more, but I'm afraid the time is up now. For all of the questions that have not been answered yet, guys feel free to search for more information on the links provided below:
➡️Website: https://bholdus.com/
➡️ Telegram: https://t.me/Bholdus
➡️ Twitter: https://twitter.com/bholdus
