On July 24th 2021, our community had a chance to welcome Mr. Dude - Co-Founder of Eggs Cash to join in an AMA to give fruitful information about the key features and roadmap of Eggs Cash - the Auto-generating liquidity & Static farming by holding Protocol on Polygon!
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.
At this AMA, our guest directly greeted the community and provided detailed information on Eggs Cash as well as some key products and future plans.
Time: 09:00 PM (UTC + 7) on Saturday, July 24th, 2021
Airdrop 200 USDT for the best questions in the AMA.
Below are some main points of this AMA:
Question for Part 1- Project overview
Question 1: Could you please make a brief overview of your team and Eggs Cash?
Mr. Dude: Eggs, while without a working platform, is a coin working the same way as SafeMoon!!! And if you don't know what is Safe Moon, I can say that you have missed a lot!!!
At the moment it is a coin with #60 marketcap. A coin with x250 ATH
We have a special condition that burns 10% from any transaction and distributed among all $EGGS holders. In fact, half goes to holders (automatically, by balance increase).
Another half is added to liquidity!!! so it is always growing!!!
People can make money only by holding $EGGS!!! No extra actions needed!
We have jsut launched and launching our marketing campaign right now!!`
Compared to Safemoon with 2.5m holders and 80k BNB in LP we are still very smal and in very early stage!!!
And the most important — Eggs Cash is the first project on Polygon with this kind of mechanics. So it is a real opportunity for any crypto users who wants to moooooooon!!!!!!
Question 2: Next, please tell me the reason why we should choose your platform instead of other projects out there.
Mr. Dude: It's easy!! First of all, we are the first aiming to build something like Safemoon on Polygon network — meaning you don't really have much choice, but still it is somehow a KEEEEY!!! factor!!! Because you are still in time to join this mega machine and to get your x10 x50 x100 x1000!!!!! 🔥
Similar projects were initially launched on ETH network (Pig) but the transaction cost is too big, a way highest than any other normal token, That's why original $PIG on ETH did not work out. But the forked $SAFEMOON did.
And now, it's the Eggs Cash turn on Polygon network!!
Question 3: Could you please update some upcoming news or big events of Eggs Cash to the community?
Mr. Dude: I think it's a good moment to mention some past news as well!!!! We conducted a successful IHO - Initial Honor Offering on farmehero, and now launching in full on marketing campaign!!!
We plan to collaborate with KOLs and some projects, still we have a platform launch pending!!!
After all Eggs Cash — index fund token!!
Here are some of the basic functionalities to be launched
Questions for Part 2 - Pre-collected questions from Twitter:
Question 1:1. Which one of these aspects most important to you?
1-Increasing Token Price & Value
2-Empowering Platform Development
3-Building Community Trust
4-Expanding Partnership Globally
And please explain why you decided to focus on that aspect. @quyencao12
Mr. Dude: Easyyyy one!!! Of course it's about community!!! Safemoon is a mooning token only because of the community, and here is where our focus will go in full!!!
Question 2: Could you explain more details of the auto-liquidity token $EGGS on Polygon? Why did you choose this infrastructure to build on? What algorithms do you use for optimizing and rebalancing the liquidity pools, is it automated or does it require manual intervention? @Lemin2307He
Mr. Dude: The auto liquidity token started on ETH as a $pig token, but because the gas fee is too high, it did not thrive. It found it’s place on bsc, #safemoon, who forked from $pig.
Now $safemoon has one of the biggest LP Pool on pancake, price rose more than 1000x.
Because BSC can afford the fee, but matic has even lower fees.
Everything is automatic!!!!
Question 3: What are the competitive advantages of the EGGS CASH? What advantages do you have that other competitor don’t have? What would EGGS CASH most similar contender be in the market today in terms of scalability, security, features, and adaptability? @Truong38498211
Mr. Dude: The competitive advantages all mentioned previously!!!
First of all there are no other projects of this kind on Polygon network!!! Eggs Cash is the first!!!!
Secondly we have a 10% fee on ANYYYY transaction!!!! this makes the whole mechanism much more interesting!!! Get Profit by holding!!!
Question 4: I read on your website that 0.5% of every transaction will be redistributed to all holders, as a way to reward them for the investment. How will that distribution be? My question is, will those whose investment is bigger (those who hold more tokens) will receive a bigger reward? @Aravind75154890
Mr. Dude: Ohhh this is what makes it very very coool!!!!
Every time that you send the token to someone, buy or sell, you pay 10% fee!!!
Half (or 5%) — goes to all holders instantly!!! There are no transactions, the balance is just increasing constantly!!!!
BALANCE IS ALWAYS INCREASING!!!!! 🔥
Another half jt goes to liquidity, locking more and more tokens on LP!!!
And yes, the bigger holders are getting bigger rewards!!!
So it is really worth joining, and worth joining any time!!!!
Question 5: Can you please tell us the motivation and benefits for traders/ investors to hold $EGG token in a long term investment? I'm quite curious about your plans to help drive demand and scarcity for the token in circulation. @KieuRestina48
Mr. Dude: It's about the previous question as well!! We have this fee enefiting all holders!!
But the most important is that with EVERY MARKETING CAMPAIGN YOU or ANYONE is MAKING —- YOUUUU GEEET PROFIIIIIITTTTT!!!!
Your token amout is constantly increasing!!!!
And we have many many marketing plans as well as actions to envolve community to help us on marketing!!!
More people — more holders — more fees — more ... ???
PART 3: BEST LIVE QUESTIONS CRYPTOFAMILY GROUP
Question 1: How many partners are there in EGGS? And the benefits that these partners bring to EGGS and vice versa?
Mr. Dude: At the moment we have partnered with FarmHero!!! You can even farm some $EGGS in there!!!
Also it is a place where we conducted the IHO!!!
Team is working on getting more partners!!! Stay tuned, we will ANN soon!!!
Question 2: What are your plans in place for global expansion, are you focusing on only market at this time?
Mr. Dude: Our philosophy — everyone need to hold at least a couple thousands $EGGS!!!
And we are really working on global expansion and trying to cover all communities!!! EGGS is a coin of people — just like DOGE!!!
Question 3: What are the ways for your project to generate revenue in the long run? What is the progress of business development and what are some of your commercial partnerships?
Mr. Dude: We got some funds from IHO and also our team has some share from tokens!! Still all of them locked for 2 years!!!
This means, the harder we work, more money we make as well! But for now, all our needs on funds and other things are covered in full!!!
Question 4: All project coins have their main utilities & real-life usecase! So, can you tell us What are the main role of your coin in your ecosystem?
Mr. Dude: At the moment is a pure very cuteeeeeeeeee meme coin!!!
In the future it will be a index fund asset, so when you will buy EGGS you will get a series of different assets!!!
Question 5: What is the most ambitious goal of your project? What is the ultimate vision this project is trying to achieve within the cryptocurrency market?
Mr. Dude: We want to grow, and we have no limit to grow!!!
x10 x100 x1000?? Eggs to the moon!!! Eggs to people!!
This is our main ambition and our goal!!!
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: