On the 19th of November 2021, DePocket team conducted a successful Telegram AMA with CEO — Mr.Hoang Le and Mr.Huong Phung — CBO of DePocket on General Crypto chat
AMA structure and rules:
👉 Ask us questions related to the Product Vision of DePocket
> You can read here to learn basic about us: https://link.depocket.com/medium
Rules:
👉 Ask us questions related to the DePocket products
-> You can read here to learn basic about us: https://link.depocket.com/medium
- > To receive the prize, the winner must:
- Join DePocket group: https://t.me/depocket
- Follow Twitter DePocket: https://twitter.com/DePocketFinance
AMA structure
👉 Introduction Part: the host will chair this part, and they will mute the chat.
👉 Community part: you can ask questions, after that we will mute the chat and answer the questions.
👉 Free discussion chat: discussion between us and users.
RECAP TOP QUESTIONS AND ANSWERS:
AMA in detail:
INTRODUCTION PART
This AMA was about the Product Vision of DePocket and some current features. Also, help the community understand the plan and features coming up too.
Suzy G.Crypto: Hello, everybody ✋🏻. We are glad to welcome our guests:
- Le Van Hoang — CEO & Co-founder
-Huong Phung — CBO & Co-founder
Welcome!
Mr.Huong Phung: Hi everyone, I am so glad to be here tonight. I’m Huong, DePocket’s CBO, and would love to create a great AMA tonight.
Mr.Hoang Le: Le Van Hoang: Hello everyone, I hope you’re doing great! I’m Hoang Le — CEO at DePocket. We’re looking forward to your interesting questions tonight!
Suzy G.Crypto: It’s a pleasure for us to have you here! Let’s start with some intro questions.
So the first question is, What are the current features and upcoming features?
Mr.Hoang Le: Current features: Manage portfolio on BSC chain, including dApps: Pancake, Tranchess, Alpaca,….Balance tracking any wallet without a password or wallet connection. The upcoming features: Swap integration: Saving — make transactions on multi-platforms; Onchain API and OnChain Analytics.
Suzy G.Crypto: Awesome! Let’s move forward. Many companies out there have a similar business model with DePocket. So What makes the DePocket feature better than other similar websites?
Mr.Huong Phung: Thank you for your question.
- We are building a strong indexing engine to aggregate the data from the blockchain. After that, we give you the fastest experience on our website when you track your crypto assets
- Also, we are developing to be the first All-in-one Defi platform to help you track and invest across multi-chain platforms. We have deployed BSC, and early this December, we will release the tracking balance on the SOL chain.
- So many features will be released soon to help you easily drive to the Defi world. It is better than other similar websites.
Suzy G.Crypto: Interesting! So, next question: How NFT assets of users will be viewable on DePocket. Can you give an example that is easier for people in this community to understand?
Mr.Hoang Le: It’s quite simple, just paste your wallet address in to be able to see your cryptocurrency & NFT assets. The way we build it is to interact directly with the data in the blockchain, so it is really transparent and safe. However, DePocket also works with well-known audit units like Certik to ensure that the user experience is as safe and secure as possible. Here is an example: https://link.depocket.com/airNFTs.
Suzy G.Crypto: Cool, thanks. Let’s move on to the next question. What are the features that make your team proudest?
Mr.Huong Phung: I’ll take this question first. For me, there are 2 features that I really like
- Show net worth feature of wallet: it helps you manage your total assets across all platforms, multi-chain or multi-wallets, quite friendly and easy.
- Another one is to Track your GameFi assets Stake & Trade your heroes and in-game items
Mr.Hoang Le: Ya, the GameFi is all the craze these days. So we are ready to integrate and ready to serve. When the next big thing comes along, DePocket will ALSO be there. DePocket’s vision is to become the world’s greatest asset management hub. With GameFi lining up to flood the DeFi market with countless in-game NFT assets. We plan to continuously collaborate with new and existing gaming projects to integrate their marketplaces with ours.
I am investing a lot in Crypto, ^^, so with me, I like 2 other features:
- Chart shows investing performance: I only need a quick glance, and I can see cash flow is displayed in the form of a chart. Save the time so much
- And another one is the chart showing investing performance, it will show cash flow is displayed in the form of a chart.
As I said, if you are an investor, you will like those two, quite convenient.
Suzy G.Crypto: Good to know that, and thank you for your answers! As I know, DePocket is growing so fast. So can you share about the road map of DePocket?
Mr.Hoang Le:: Thank you for your kind words. You can read our road map in this link, with other information, really details: https://depocket.com/docs/litepaper_v1.0.pdf
Suzy G.Crypto: next question, Can you explain “management and optimal investment across all DeFi platforms in one place”?
Mr.Huong Phung: We are developing to support investment on multi-chain in the future. Also, provide the ranking of the cheapest DEX router. It means more convenient for users to swap tokens, choose the best liquid pool to help them to save their funds, and optimal the investment experience.
The Auto-farming, daily continuous profit/loss tracking, staking the DEPO also provides in the future!
Suzy G.Crypto: And now the last question from us. Can you tell us about the upcoming features?
Mr.Hoang Le: Sure, We are working on:
- Onchain API: So easy to deploy your project on the API of your application.
- Onchain Analytics: We provide on-chain data for your investment decisions
- Mobile App: More convenient with the mobile version with a lot of convenient features for users.
Hope to make it more convenient for our users.
Communication part
- @Jadabauman62: Can you share your social media links so we can keep ourselves updated?
Mr.Huong Phung: You can follow us on the below
Twitter: https://twitter.com/DePocketFinance
Telegram: https://t.me/depocket
Discord: https://discord.gg/QXxvHH6CgY
App: https://app.depocket.com/
Website: https://depocket.com/
Medium: https://depocket.medium.com/
2. @Justchille: Security and anonymity are always prioritized by BlockChain projects in the development of project platforms and technologies. So, do you have any technological solutions or plans to enhance user trust in these issues?
Mr.Hoang Le: It is a good question. It is our big goal. So we are researching a security swap and investment feature. And we will prepare well for this feature. Something as below.
- Self Audit the smart-contract code with the security check bot.
- Audit the smart contract by the partner with Certik as we did.
- Also, we will try our best to partner with some Insurance platforms for the SAFU.
3. @Bette_Haley_65: Can you give an overview of your Tokenomics and the UTILITY of Token?
Mr.Huong Phung: You can find the details on our Tokenomics here:
https://docs.depocket.com/tokenomic/token-distribution
4. @Sumala1: While I was reading the documents I saw that we can track not only our crypto but also our NFTs too. Can you please explain how this feature works actually?
Mr.Hoang Le: Yes, DePocket can track NFT assets too.
This is sample NFT tracking on AirNFT: https://link.depocket.com/airNFTs
5. @AraDowling: Can you share some Details about Recent Major Achievements done by your project? Also, what are the Future Roadmap & Targets of your project?
Mr.Hoang Le: Project is going to IDO at the end of this month.
To be detailed, here is some event coming up:
+ Whitelist competition
+ 29th IDO on Oxbull
+ 30th IDO on DuckStarter
+ 30th listing on Pancake
> Will you have any other DeFi features like staking, yield farm, or NFT in the future?
The staking feature will release soon (expected on Q4/2021)
6. @quifangmei: Can you indicate a feature or feature that you like best about the platform so that it can compete with other competitors? What are you most confident about for your platform? Do you have plans to get users to choose your platform?
Mr.Huong Phung: There are so many features that are already available that I like and so much more coming soon:
Manage portfolio on BSC chain, including dApps: Pancake, Tranchess, Alpaca,….
Balance tracking any wallet without a password or wallet connection.
The upcoming features:
Swap integration; **Saving* — make transactions on multi-platforms; Onchain API and OnChain Analytics
7. @zanahakana: Security audits are extremely important for any project, especially DeFi protocols that deal with user funds. So, can you explain if your project has been audited to convey confidence and security to the crypto community that is interested in investing in your project?
Mr.Huong Phung: Of course, our project has been rigorously audited before launching to users, so you can use DePocket with complete peace of mind
You can find information about our auditing result on Certik
https://www.certik.org/projects/depocket
8. @killvector: Is your platform suitable for Crypto beginners? Or does it only appeal to professional users?
Mr.Hoang Le: Absolutely. Our target is: “Easily manage and optimally invest your Crypto assets across ALL DeFi platforms.” So DePocket is easy to use and very friendly with crypto beginners.
9 . @Gwenda_dortch_1997: So many projects just like to speak about the “long term vision and mission” but what are your short term objectives? What are you focusing on right now?
Mr.Huong Phung: Not like many other projects, we have already launched some MVPs for users. https://app.depocket.com/en/dashboard. Our short-term objective is to continue to optimize the user experience while keeping releasing many more cool features !!
10. @diamond_tycoona: Do you have a Token Burning plan to increase Token value and attract Investors to invest?
Mr.Hoang Le: Yes, We have a buy-back mechanism to increase token value.
Follow our whitepaper: https://depocket.com/docs/litepaper_v1.0.pdf
Developers need to pay in DEPO tokens for each API call when using DePocket’s on-chain API. Premium DeFi utilities, such as Yield Aggregators, also charge DEPO tokens as a usage fee. 20% of fees are used to perform market buy-backs and these DEPO are burnt out of supply forever.
11. @KenaBauman: Are you planning to promote your project in countries/regions where English is not good? Do you have a local community for them to better understand your project?
Mr.Huong Phung: Sure. We want to bring DePocket to all crypto users around the globe. Will do some non-English features as well
12. @Terra_swafford: What are your top 3 things for priorities in 2021? Could you share some plans for the upcoming year?
Mr.Hoang Le: Here they are (for 2022):
+ GameFi integration
+ Multiple chain expansion
+ Mobile version
13. @smileyface022: What major partnerships does your project intend to use or how does your project bring its products to the average consumer — especially non-crypto users?
Mr.Huong Phung: We will IDO on Oxbull and DuckDao, and then list on PancakeSwap.
Here is some more info:
IDO date: Monday-Tuesday, 29th-30th November 2021
Price of $DEPO token: $0.25 per token
List on Pancakes Wap: 30th November (2–3 hours after IDO);
Price: $0.3 per token.
Max IDO slot for each per person: $85 — $300 (in USDT/BNB)
14. @Supxro: Does DePocket store our information? Is it safe to use DePocket to track my assets and NFTs?
Mr.Hoang Le: Your information remains private, as we don’t access anything about your proof of information or your funds. Your private keys and funds always stay under YOUR control. Just enter your wallet address to enjoy all of the DePocket services.
