On July 17th 2021, our community had a chance to welcome Cashaperise – is a P2P utility fuel token which serve as fees when playing P2P games. Players can use stable coins to play in the P2P cashgames and pay little CAR token as service fee.
This AMA was held by CryptoFamily Group – the top crypto community in Vietnam, where investors and traders can obtain the lastest news and signals from bot/ admins, as well as discuss and share investment experiences in the crypto space.
At this AMA, the Cashaperise directly greeted the community and provided detailed information as well as some key products and future plans.
Time: 09:00 PM (UTC + 7) on Saturday, July 17th, 2021
Airdrop 100 USDT for the best questions in the AMA.
Question for Part 1- Project overview
Question 1: 1. First, please give us a brief overview of your team and CashApeRise.
Cashaperise:The project is owned by team, not by individual and there are 2 teams on our project. 1st team is the one handling the cashgame and 2nd team is the one on token. First team consists of developers and some influencers outside defi that are specialize on making game apps usually money games. Second team consists of moderators, shillers, and sub designer who usually making the strategy on token part. The cashgame was not planned to link on defi initially but due to great potential of defi on promoting projects everywhere it caught the eye of team of cashgame and did plan it for months. Combining our thoughts and skills we ended up on creating this strategy. Making a teamwork between traders by giving them unique usecase and aiming for exposure of cashgame on defi as most of people on defi loves gambling. The main aim of project is providing a usecase that will never die, 50% of whole fees on cashgames will go to stakers too automatically so even no trading is happening stakers will still get a high rewards as we already saw projects ended because stake rewards decreased massively as it has only one source. First team’s aim is exposure of cashgame, and second team’s aim is to provide an innovative benefits to investors.
Question 2:Next, please tell us the core values that CashApeRise aims to bring to the community.
Cashaperise:CashApeRise was not only made for a benefit of product but also for greater benefits of investors. Innovating the staking way and providing high yield reward that does not threaten the price for a long term run. CashApeRise will kill all the reason for users to sell and will create an infinite reasons for investors just to keep buying and holding. While most staking projects suffers on greater sell presure than rewards, we aim to stop that.
Question 3: Could you tell us about the vision of CashApeRise in the long run? And could you update some hot events you are focusing on currently?
Cashaperise:CAR’s vission is to make the perfect teamwork of investors and project’s team. Providing the best benefit for both sides. CashApeRise will public the web dapp same day on launch for everyone to use including their rewards on our future games which is usdt credits on cashgame and mostly that can be found on roadmap. but our focus currently is making the community huge as initial hype is always the basis of projects especially on launch of product.
Questions for Part 2 – Pre-collected questions from Twitter:
Question 1: Nowadays crypto market is unpredictable as the dump and pump in price of currencies. Lot of project get dump due to this reasons. When releasing the CAR token on BSC, there will be a huge competition. Does the CashApeRise project have confidence that this project will be successful? @Lidiamga
Cashaperise:Yes, we have. A lot of marketing plan was lined up after launch to prevent a dump and by combining updates and marketing plan with our usecase like this we are not scared for project to failed. Providing the best tokenomics, thicker liquidity against circulating supply, and not to mention rewards are in bnb and main currency of cashgame is stable coins, no stakers nor cashgame winners will become a threat to dump for future plan.
Question 2: DeFi Game seems to be trending now, it’s refreshing to see Cashaperise have an idea for the money game. Can you tell us the rules, the minimum requirements to play, and what games Cashaperise is supporting? How is Cashaperise working to improve your gamins features? @Dragon_winner1
Cashaperise:Yes, nft games seems to be great now but we all know too how it works, to describe in our words, a ponzi game and cashaperise will never be like that as our feature is p2p gambling using stable coins as main currency and $CAR as fuel tokens. The minimum requirements to play is only 10 usdt/busd/usdc. On launch the first supported games we will have is poker and apegame. Details about it including rules is on whitepaper which can be found on our introduction site. We do plans to keep adding games in the future while developing and improving the current games too. In cashaperise we aim for teamwork where our team is all of you so by staking you will be benefitted too not just us.
Question 3: What are your plans to reach out to the global community on attracting and retaining your customers? Can you please us the motivation and benefits for traders & investors to hold $CAR in a long term investment period? @SevilRichard
Cashaperise:We have partnered with different influencers inside and outside defi, and have plans for advertising to multi projects too. Believing the chain reaction and having unique usecase with greatest benefits we believe it to attract more costumers. On cashaperise once you stake you dont need to unstake anymore, you will get bnb indefinitely and does not need to be scared on rewards decreasing because cashgame will never die, players will just multiply and keep increasing. Having increasing active games and players on cashgame the rewards will increase day by day too even the trades volume become low.
Question 4: Security is really important and valued by users these days. Would you mention Cashaperise security measures? How is it protected against being hacked, and in case it does, is there insurance for investors? @tony_binex
Cashaperise:For security purpose cashaperise did undergo on different audit platforms including the best audit platform (certik) before launch to make sure there will be 0 problem and exploit on codes. Our audits on solidproof shows 0 issue even lowest issue dont have, if future did change like pancakeswap exploit if there will be, the team will take the best action in resolving the issue, funds wont be an issue on worst scenario as we will use the profit pots (portion of profits on cashgame to team’s side) will be used, all loss will be bear by team as no users must suffer from that.
Question 5: Can you share with us some great miletstones that Cashaperise has achieved so far ? Is everything going according to your plan, or is there any obstacle during the development process that you need to overcome to realize your future goals ? @Maley071627334
Cashaperise: We bring unique staking mechanism which provide 2 sources of rewards. Trading tax and cashgame fees which is an innovation of staking earn bnb platforms combining real usecase. Our hardest obstacle so far is when bugs was found on cashgame beta testing, it was fixed now but it did delay our start we need to talk to all we did interact including auditors and influencers and some ama we did already setup knowing that affect our launch we still chose that as its better to delay than to launch rushed specially if money of others are involved, other than that delay our plan is still going accordingly. We will survive incoming obstacles, we know, as it is not just our money, it is also the money of investors on the line so we will do our best. We believe on teamwork that we will create on the future and teach the true way of defi. That defi was not all about who bought low who sold top and dev mostly wins….
PART 3: BEST LIVE QUESTIONS CRYPTOFAMILY GROUP
Question 1:Project development, the top priority is to have sufficient funds. Is your team financially able to carry out this project? Do you have sufficient funds for its development. Can you tell us how your project is turning a profit?
If you will see our presale structures we will not get any bnb from presale as it will all go in liquidity (100%) and our tokens are locked already. You may wonder why we have the courage to that. Simple answer, product is already ready, it will be launch same date on listing and when product is running 50% of fees from that will go to us which will be used in developments. Tokens is a part of exposure of our project only and dont intend to profitize from that as our main investment is the product.
Question 2:Community is an important aspect of the basic steps of project development, so how do you motivate the community to take part in developing Cashaperise?what benefits and interesting things does Cashaperise have to offer the community?
Cashaperise:Many of investors only see a defi as ponzi built, all products with usecase have expiration, bearish can easily affect all utility tokens but still knowing that they still invest. As majority sees defi as great financial help, majority sees it as life changing (inverted way). Having linedup set of marketing we also know that investors will like our project too, especially on usecase that even bearish cant kill. We also have many plan games that will soon happen for those who loves gambling especially on cashgame (usdt credits). 😋 Even us are excited already
Question 3:Why have you decided to choose the name CASHAPERISE. What does it mean in correlation to this project ???
Cashaperise:😊 Its really a good question, many even sees us as everrise fork just because of the token’s name. But we are not. Just like how project was built (combination of team , combination of usecases). The name was a combination only too. Cash from cashgame (main product), Ape from apegame (our unique game, we are the first one to create this and you wont see this anywhere), Rise from our aim (keep rising , never fall, infinite rise and rewards).
Question 4:Too many projects promise magic but never release any working product or prove any revenue, Within a short/long time of release. Is it like this? If not can u tell us, What makes it different from other projects?Cashaperise:😊 Many are thinking of this for sure. and its it also crossed our mind thats why we locked our whole tokens , no unlocked team tokens even 1 and no bnb for us so you may see how dedicated we are, if we didnt let it out same day on launch, sell before our team tokens unlocked 😎. Even if our tokens unlocked on august 2, it is only 0.05% daily emition so we wont survive too if product release is not true. If memetokens done this you may call it a suicide on dev side, unless there is exploit on code which we dont have and done multiple audits just to prove.
For all of the questions that have not been answered yet, guys feel free to search for more information or ask directly to them on the links provided below: