We were delighted to welcome our guest from CremePieSwap. The AMA took place on July 10th, 2021 and our guests were @KentheCrypto, @C_L_LaunchZone .
The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.
Part 1 — introduction and questions from the Telegram&Bitcointalk community
Mary Satoshi Club: Hello Satoshi Club! We are happy to announce our AMA session with CremePieSwap! Welcome to Satoshi Club😀
Gold Rocket | Satoshi Club: Hi there Satoshi Club😍
Gold Rocket | Satoshi Club: Today our guests are
@KentheCrypto, @C_L_LaunchZone
Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club, guys!
Mary Satoshi Club: Welcome here, guys🤩
Mary Satoshi Club: How’s going?
C.L (rebranded) LaunchZone: it’s great! Such a pleasure for me to be here today
Gold Rocket | Satoshi Club: We’re really very happy to have you here today.😊
Mary Satoshi Club: Awesome! We are happy to have you here as well 👍 let’s start our party 🚀
Mary Satoshi Club: And we will start it with your intro 👏
Gold Rocket | Satoshi Club: Introduce yourself please. How did you get to be involved in crypto & CremePieSwap
Gold Rocket | Satoshi Club: Tell us please also about your position in CremePieSwap?
Mary Satoshi Club: And of course what is CremePieSwap and it’s main goals 🎉
C.L (rebranded) LaunchZone: Hi, my name is C.L. I started with Crypto since 2017 as a daily trader. After burning all my trading accounts, I met Tony and started working with him to build our current project, which is called LaunchZone. After 3 years of hard work and planning, LaunchZone is finally online in 2020 and I became the head BD of the project.
Mary Satoshi Club: Wow, three years of development 👍
Gold Rocket | Satoshi Club: Wow! excellent background🧁
C.L (rebranded) LaunchZone: CremePieSwap was a result of the cooperation between the 3 projects: LaunchZone, 100Xcoin and BSC.Army. After the realisation that Polygon is the new land to be exploited, we contacted @KentheCrypto and 100Xcoin team to create a new project together.
C.L (rebranded) LaunchZone: As our cooperation goes, our CremePieSwap is finally launching on july 12.
Mary Satoshi Club: Cool! We are almost there🚀
Gold Rocket | Satoshi Club: Very soon🔥🚀
Gold Rocket | Satoshi Club: Also we would like to know about your team. Who is on the project team core?
C.L (rebranded) LaunchZone: Therefore, it is such a pleasure for me to represent our project to be here today. As in our vision, CremePieSwap gonna be the all-in-one economic ecosystem with all the available financial services and new dapps to meet any demands. We hope that you can get a better understanding of our work and vision after this sesssion
Gold Rocket | Satoshi Club: And we believe in it too!
C.L (rebranded) LaunchZone: As mentioned earlier, the CremePieSwap project is the joined effort of 3 projects: LaucnhZone; 100Xcoin and BSC.Army (a.k.a BARMY). So it can be said that the core team of CremePieSwap consists of 3 core teams of the said project; with LaunchZone focusing on product dev; 100Xcoin focusing on community building and BARMY in charge of ad and promotion.
Mary Satoshi Club: Nice cooperation! Sure we will see results very soon!
Gold Rocket | Satoshi Club: Is the team anonymous? If so, do you ever plan to reveal your identities?
C.L (rebranded) LaunchZone: Since transparency is the key so not the entire team of CremePieSwap are anon. At least we have @KentheCrypto and some other teammates who reveal their identities to the public. But for our team, some devs prefer living quietly so just not 100% of the team is public
Gold Rocket | Satoshi Club: Thanks for the introduction, we will have a question selected for the Part 1. Ready to start?
C.L (rebranded) LaunchZone: sure do
Q1 from Telegram user @NataliyaKil
CremePieSwap is the result of a joint partnership between 100xCoin, BSC Army and Launchzone. CremePieSwap is a decentralized exchange, established on the Polygon network. Tell us how 100xCoin, BSC Army and Launchzone came to cooperation and common goal – to create CremePieSwap and why did you choose Polygon? What features and benefits will CremePieSwap have thanks to this?
C.L (rebranded) LaunchZone: At the dawn of our cooperation, there’s 2 knowledge that we at LaunchZone team came to realise:
1, Polygon network is a new promise land
2, Ken and 100Xcoin team are influencial while sharing the similar vision with us.
Therefore, we soon contacted 100Xcoin team and offered the strategic partnership to exploit Polygon together. While building on Polygon is still a challenging tasks for most devs, we’ve got the tech design and the products planned to make a hit so partnering up with 100Xcoin and BSC.Army is giving us the essential elements to create a new big community and exposure for the new project.
C.L (rebranded) LaunchZone: After days of discussion and brainstorming, we’ve got a mutual understanding and CremePieSwap is soon going to life.
Mary Satoshi Club: Are you focusing only on Polygon or you have plans for more blockchains?
C.L (rebranded) LaunchZone: In simple term, CremePieSwap is designed to be the all-in-one ecosystem that ulitilizes liquidity and cross-chain solutions. We are planning to make CremePieSwap the new rising star on Polygon to set the bar for new projects to launch in the future.
Gold Rocket | Satoshi Club: https://twitter.com/i/status/1413769274619940866
C.L (rebranded) LaunchZone: at this period, Polygon and the respected infrastructure is what we are focusing on building. Since all 3 founding projects are on BSC so building a new project on Polygon is also our way to test our cross-chain solutions and expanding our business.
C.L (rebranded) LaunchZone: After the cross-solutions are complete and perfectly tested, we believe that we shall eliminate the gap between different networks to give future projects more freedom to build.
Gold Rocket | Satoshi Club: Today, who owns the cross chain solution is the one who owns the crypto world. 🤓
C.L (rebranded) LaunchZone: CremePieSwap is like a sweet cake that helps everyone, every projects grow so we plan to make it cremie to everyone.
Mary Satoshi Club: Got it! It makes sense that you focus on building this solutions, so quality won’t suffer
C.L (rebranded) LaunchZone: as long as it’s making the world a better place, we are proud that we are setting the stones for such development.
Gold Rocket | Satoshi Club: Thanks for your answers and clarification👌
Mary Satoshi Club: Thank you for your answers! Ready to proceed?😀
C.L (rebranded) LaunchZone: ready ready!
Q2 from Telegram user @Highpee
CremiePieSwap is said to take a community-centred approach and you plan to include a governance feature that will empower your users to decide how your protocol will develop. Your platform will launch on July 12. Will your governance feature be fully release at launch? Also, what model of governance will you use and what will be required for a user to join governance? Will governance be carried out using $CPIE or do you plan to launch an additional governance token?
C.L (rebranded) LaunchZone: CremePieSwap is officially launching on July 12, along with the IDO sale of its token $CPIE. After the launch, some basic features of CremePieSwap shall be introduced to the public. However, we are planning to make CremePieSwap a hit by introducing a series of new and exclusive Dapps, so not every functions and features of CremePieSwap are being introduced at once. Instead, we shall lead a long term marketing strategy that slowly teases the new features and dapps to create the hype for community adoptation of CremePieSwap.
The governance function is also what we planned but since we’re also planning some new changes for this function so it’s publication date shall be announced in a proper time in the future.
Mary Satoshi Club: So, we should prepare for the surprises 😉
C.L (rebranded) LaunchZone: everyone should
C.L (rebranded) LaunchZone: with CremePieSwap, the more you swap, the Cremier it gets
Mary Satoshi Club: Thank you for your answers! Ready to go to the next question?👏
C.L (rebranded) LaunchZone: sure do
Q3 from Telegram user @Asela1112
You have mentioned, Maximum supply of $CPIE tokens is unimited. This cause directly to reduced scarcity, high inflation rate, limited token appreciation. So how will you overcome these challenges? Do you have a higher & advanced burning mechanism to prevent inflation & mitigate the price volatility of $CPIE? Every transaction will incur 6% tax which is allocated 2%- liquidity on $CPIE, 2%- distribute to staked $CPIE on Launchzone’s PoolX,1%-burn & 1%- development & marketing. Will you be ready to change the token categorization in Tax (Transaction fee) if the community want to change?
C.L (rebranded) LaunchZone: The taxation design of $CPIE tokenomics is one of our counter measure against inflation. The other solution is the business and service model we are introducing with our new exclusive Dapps. What both solutions are creating is the slower circulation for $CPIE by burning taxed token and creating more demand to use the token. The tax design also create a continuous flow of liquidity and LP farming for $CPIE, while the new dapps are creating a continuous flow of demand to use the token. It might be not common to introduce a unlimited supply token but after all evaluations and calculations, we’ve come to conclude that this is the most suitable model for us. What’s left to be done is balancing the circulation spead and the scarcity of $CPIE and everything are well handled in our project designed.
Gold Rocket | Satoshi Club: by the way, share your tokenomics with us.🎂
C.L (rebranded) LaunchZone: $CAKE of PCS is also a unlimited type and its success is visible. After all learning and experienced achieved by building our own projects and by watching $CAKE, we have no doubt that we can create a similar success with our design for CremePieSwap.
C.L (rebranded) LaunchZone: Everyone can get all info on our tokenomics here so i’d just give you the link:
C.L (rebranded) LaunchZone: I have no doubt that the wise investors shall see what we see when reading this tokenomics
Mary Satoshi Club: Thanks for sharing 🎉
Gold Rocket | Satoshi Club: Thanks for your answers!
Mary Satoshi Club: Ready to jump to the next question?😀
C.L (rebranded) LaunchZone: always
Q4 from Telegram user @orlemys
You have an ongoing contest, where you call users to join your whitelist for the opportunity to win a fraction of a Lamborghini. Recently, I saw a project that was giving away a Ferrari, so I thought this might be similar, can you tell us how this contest works? Is it a cash payment, or are there any innovative ways of giving away a fraction of a car in crypto? Also, what are the necessary steps to enter your whitelist and how many people have participated? Also, as the whitelisting process is done exclusively for potential investors, what is the benefit you see in having people join, only to win, and not to invest?
C.L (rebranded) LaunchZone: A thing we founding projects found in common when starting this project is that defi can be both fun and serious at the same time. Therefore, we created this Lambo campaign to spread the fun of CremePie as well as the serious knowledge about a new star project to the community. In simple term, when register for our whitelist, user shall have a referral link to invite new friends to join the whitelist. The more a person is referring, the more points he earns and increases his chance to win the lambo. At the end of our whitelist round, the whitelist winners shall be announced as well as the top referrers. After purchasing the $CPIE token, only then would the referrers allowed to claim their Lambo reward.
C.L (rebranded) LaunchZone: This simply means that there can be a lot joining the whitelist for the Lambo only, but they’ll need to get some CPIE before touching their Lambo
C.L (rebranded) LaunchZone: Anw, you can find detail instruction on our whitelist program by visiting our main web: https://cremepieswap.finance
Mary Satoshi Club: What is the total amount of the prize fund?😀
C.L (rebranded) LaunchZone: to be announced at the end of whitelist round. I just don’t want to spoil the fun ^^
Mary Satoshi Club: Nice strategy 😊
Mary Satoshi Club: Thank you for your answers! Ready to jump to the next question?😀
C.L (rebranded) LaunchZone: There’s CremePie for everyone but it’s not good to get too much creme at once
C.L (rebranded) LaunchZone: lol
Gold Rocket | Satoshi Club: let’s talk a bit about security?
C.L (rebranded) LaunchZone: sure
Gold Rocket | Satoshi Club: did you audit? or is it planned for the future?
C.L (rebranded) LaunchZone: Since CremePieSwap is inheriting the product and technical design from LaunchZone’s dev so the risks are at minimum since LaunchZone’s dapps have been audited 4 times by Certik; Halborn; Very-chain and Defiyield. In accordance with CremePieSwap’s launch, we’re also having our smart contracts and codings audited by Hacken so an audit report is to be public soon. Since we’re building this to make a safe and sustainable platform for the community so it’s a top priority that the system is safe for everyone
Gold Rocket | Satoshi Club: safety first! Thank you🙌
Q5 from Telegram user @Xusuo
CremePieSwap is a DEX & AMM with staking, farming and compound interest under Polygon chain. But i read that CremePieSwap also have another feature about Lottery and about Prediction system. I’m really interested with your lottery and prediction system, could you introduce to us how the mechanism work for lottery and prediction feature in CremePieSwap? Also what are the reward if user win in there?
C.L (rebranded) LaunchZone: as the name implied, they are indeed a lottery and a prediction game, lol. These 2 services are introduced to increase use cases for $CPIE so it’s a must that users own some CPIE to use the services. What to be noted here is that the UI and the randomizer of those are a lot of fun and we’re also planning to make a Cremie marketing strategy for them so I’d rather keep the fun secret for now. If you’re into our products and updates, just stay tuned to our upgrades and updates. The fun is still up ahead and in CremePieSwap, we’re making it Cremie for everyone!
Mary Satoshi Club: When this all will go live?😀
C.L (rebranded) LaunchZone: you shall know when it’s time to know ^^
Gold Rocket | Satoshi Club: by the way please give us links for your resource
Mary Satoshi Club: You love secrets 😜
C.L (rebranded) LaunchZone: https://cremepieswap.finance
C.L (rebranded) LaunchZone: I do, it makes the fun fun
Gold Rocket | Satoshi Club: Thanks for your answers and a lot of fun😁
Mary Satoshi Club: Thank you for your answers! Ready for the 6th and last question from this part?🚀
C.L (rebranded) LaunchZone: sure
Q6 from Telegram user @victorogb
As CreamPieSwap strives to increase adoption and trade on the Polygon/Matic network, it is said to also address the liquidity issues of Polygon by bridging from Binance Smart Chain. We know very well that BSC has an excellent liquidity base, owing to the sheer volume of projects built on it, but why would CreamPieSwap native to Polygon, take this approach to liquidity generation, and in building a bridge with the BSC will that also mean CreamPieSwap would adopt features native to BSC, and what sort of projects and operational services would this bridge satisfy, what other ways would CreamPieSwap look to generate liquidity asides bridging with BSC?
C.L (rebranded) LaunchZone: There’s 2 things we are planning with CremePieSwap:
1, Create a platform for builders to build their projects on
2, Ultilizing our cross-chain solutions.
C.L (rebranded) LaunchZone: Once the platform is online, it is expected to give builders great support to build so the liquidity is to be generated on-chain from such constructions. This is why CremePie is native to Polygon.
Mary Satoshi Club: Do you already have some projects ready to build on CremePieSwap?
C.L (rebranded) LaunchZone: Once the cross-chain solutions are perfected, there shall be not much gap between networks so building on Polygon is also a way for us to get more experience building cross-chain platforms
C.L (rebranded) LaunchZone: the AMM and the LP farming shall be the first products to be introduced at launch so everything is set in motion for now
Part 2 — live questions from the Telegram community
Q1 from Telegram User @Guandog
An extremely important aspect is the synergy between community and developers, so that the project can always follow the steps in which people and hodlers are happy to go. DAO, governance are good tools for this, are you going to use these mechanisms in CremePie?
C.L (rebranded) LaunchZone: At least for the start, we have 100Xcoin team handling community communication so this shall be our first reach. The governance shall be introduced at the proper time during our operation
Q2 from Telegram User @hamoomn
@C_L_LaunchZobne
I see 25,000 people have registered for the whitelist! Even though there are still 4 days left. Other that then now CremePieSwap have 31K+ Telegram Group Members.
Can CremePieSwap someday exceed previous project (LaunchZone, 100Xcoin, and BSC.Army) on social media engagement, holders, and community around the world? How to do it?
C.L (rebranded) LaunchZone: it is expected that CremePieSwap shall exceed all since it is a join effort of the 3 projects. The more the merrier so we have no doubt that this project shall make the best from our efforts
Q3 from Telegram User @KhaleesiTheCryptoLady
❤️As I understand to your website, CremePieSwap is an AMM on the Polygon (MATIC) network with the goal of matching PancakeSwap’s level of adoption on Binance Smart Chain. So, what features does CremePieSwap have that other DEX’s don’t have such as Pancake Swap? What big plans do you have in the pipeline to help $CPIE achieve the same level of success as $CAKE did for BSC? Lastly, how will $CPIE contribute to the exponential growth of Polygon(MATIC)?
@KentheCrypto
@C_L_LaunchZone
C.L (rebranded) LaunchZone: as mentioned earlier, this shall be the all-in-one economic ecosystem so we do have plans to introduce all transaction services from CEX to Dex. The order types might not be 100% similar but the architechture of our products shall cover most trading demand while maintaining a good compatibility with the technical features of Defi and blockchain tech. A teaser I can give you now is that: Limit order is surely coming to CremePieSwap ^^
Q4 from Telegram User @vedamatrix
You said CremePieSwap is audited by Hacken. So what are the results? Did you pass it? When are you going to release the result?
C.L (rebranded) LaunchZone: the auditing process is taking place as we speak and the report shall be announced once ready. At this point, it might not be official yet but I can say without doubt that we shall pass all audit requirements at ease ^^
Q5 from Telegram User @potentialsake
What do you plan for marketing? I have seen a contest on your social media accounts. Do you plan to create more contests for marketing?
C.L (rebranded) LaunchZone: sure we will, it’s fun and cremie at the same time. After pulling the current campaigns, we’ve got a lot of positive feedbacks that inspiring us for the next contests to come. One thing for sure is that we are making the contests cremier and cremier ^^
Q6 from Telegram User @BJosefina61
Do you plan or are you willing to partner with other projects later in the future and encourage new pairs with CPIE farming? and thus sponsor new farms
C.L (rebranded) LaunchZone: Ofcourse, we are a Dex and we are building this platform to give other builders support building their own projects so having new partners and farming is a must
Q7 from Telegram User @ronaldo_super
Your ICO is at July 12 so how can I join the whitelist and buy $CPIE tokens?
C.L (rebranded) LaunchZone: All instructions you need are here bro: https://cremepieswap.finance
Get that CPIE and Lambo 🦾
Q8 from Telegram User @cryptoamee
Are you planning to launch your MOBILE APP ? Because you have mentioned it on your roadmap. What is the status of the mobile app as per now? Is it ready to launch in Q3 2021? @KentheCrypto
@C_L_LaunchZone
C.L (rebranded) LaunchZone: CremePieSwap shall be supported by many wallets and one of our strategic partners is ezDeFi, who have a really great wallet apps. 100Xcoin is also known for their mobile apps so we might consider building our own in the future
Q9 from Telegram User @Kabirkapoor9
Hello @C_L_LaunchZone @KentheCrypto
How CremiPieSwap is the better version of all existing DEXs? What pain points of investors you guys are highlighting and trying to solve?
C.L (rebranded) LaunchZone: I can tell you.. but i wont! Since there’s great deal of fun and surprises ahead and I don’t want to ruin our future marketing campaign. everyone shall have to stay tuned to our updates to get the fun, so stay tuned to us guys
Q10 from Telegram User @Zohaya
LauchZone, 100Xcoin, and BSC.ARMY have all contributed significantly to the development of CremePieSwap, but what are the potential challenges in completing this project? And what did the team do to overcome it?
@C_L_LaunchZone
C.L (rebranded) LaunchZone: for every new project, creating technical infrastructure and building commmunity simultaneously is always a great challenge. Great thing the CremePieSwap team is 3 teams at the same time so we are not overloaded. LaunchZone’s taking care of tech; 100Xcoin building community and BSC.Army shall in charge of marketing. In simple term, what helped us so far, building so fast is by having 3 teams fighting for the same goal
Part 3 – Quiz Results
In the final part we tested your knowledge in terms of CremePieSwap. They’ve prepared 4 questions for this part. The total reward pool for quiz was 300$.
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