NifflerDAO AMA Recap

Source : cryptodaily.io

BSCDaily hosts NifflerDAO: #NFT #Meme #NifflerDAO #BSCDaily #BSC

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BSC_Daily Admin: Hello and welcome, how are you today?

Yield Radar: It is my pleasure to be here with BSC daily today.

BSC_Daily Admin: Happy to hear! Ready to start our AMA?

Yield Radar: Can’t wait 🥳


Q1: Now to start the AMA, please have a quick introduction to the community. What is NifflerDAO all about? Where did the idea for this project come from?

Yield Radar: NifflerDAO is an OHM fork with a unique development direction. We are the first OHM fork that has been audited before IDO and passed binance KYC. The team started this project about one month ago, and their original intention was to make this a part-time job and earn some money through it. However, as we dig deeper into the strategy, we find that OHM is more than a project but flexible for every economic model. Our idea is to integrate the OHM mechanism into a more subdivided field. We want to make a launchpad platform. Just like our IP Niffler, we will explore any potential new mechanisms and protocols on the market. Then fork and launch them based on our platform.

In summary, we are  a project dedicated to produce high-quality forks 😉

Q2: Can you tell us a bit about the team and their experience with crypto projects?

Yield Radar: First of all, I am not a part of the core team; I was invited to help moderate the community. Later, I have successfully developed the Chinese community and have built a firm consensus based on the community. Therefore, the core team gave me more authority. However, the core team wanted to stay anonymous, so I was asked whether I wanted to represent them in these events, and I agreed. So that’s why I am the one doing all the AMA. There are a total of 6 members in the core team, excluding me. One of the core team has passed the KYC; he is from the Philippines. The rest of the core team are from Vietnam and Singapore.

I don’t know them in person. But through their conversation with Certik and other tech teams, I can tell that they are very experienced. One thing I can tell you is that we received help from a member of the TaichiDAO core team. He listed a few bugs about the bond release they encountered after IDO and surprisingly found that our core team has already noticed and fixed them. There are many glitches and bugs in the OHM contract; this is why we cooperate with Certik before IDO because we want to ensure our community to not suffer losses from contract bugs.

Q3: Can you walk us through the uniqueness of NifflerDAO?

Yield Radar: As I mentioned before, we believe that OHM is much more than a project but flexible for every economic model. Its strategy needed its treasury to grow continuously, and interacting with DeFi isn’t enough, in our opinion.

What are the hardships OHM needs to overcome?  

First, we need users to stake and not sell. We need people to buy bonds to increase the treasury value.

We can break them into smaller problems. We need new users to come and stake; we need old users to keep staking. To solve these problems, we decided to build a high-quality fork launchpad.

We are like MCN companies that helps incubate potential streamers 😉

We are also very transparent compared to other projects. All our spending is disclosed to the community. Every important decision is done by community vote.

We are currently writing our new white paper and welcome every community member to participate in finishing it.

Q4: Let’s share with us about The Ultimate NifflerDAO.

Yield Radar: Our target projects are all high quality and have a myriad of attention, like the wolf game. These projects have tremendous potential and opportunities and will create a phenomenon of the fork. For example, as OHM explodes, there are tons of OHM forks occurring on every chain. Unfortunately, many of them are either low quality or even rug pulled directly. Low quality means the team cannot handle the contracts well and causes problems. Also, the team has few resources to promote their project. As a result, many users were disappointed and suffered heavy losses. We want to do something for them, ensuring them a safe place to invest and high profit.

After realizing the opportunities behind fork projects, we want to make a launchpad platform to incubate high-quality fork projects.

Originally the Ultimate NifflerDAO is just to transfer our treasury to other chains and start as a new project. After we updated our directions, the Ultimate NifflerDAO will become a whole new concept.

In our design, once we are done researching a potential project and ready to fork it, we will fork it on every chain.

Basically, we want to become the best fork project on every chain.

Q5: Let’s dive into your token. Tokenomics & use cases? Where and how can the community buy your token?

Yield Radar: The tokenomics are directly borrowed from OHM and we are continuously improving it with Certik. The fundamental use case is simply staking. However, as our direction changed, there will be more use cases developed in the future

We have not launched yet since Certik has not done auditing yet. Users can buy our token $Niff on pancakeswap after we launch successfully.

https://www.certik.com/projects/nifflerdao

You can see here that we are still waiting for them to finish.

Q6: Let’s talk about marketing plan, partnerships & influencers that you are collaborating with.

Yield Radar: We have cooperated with Kingdata,  a professional website dedicated to DeFi; you can track a project’s yield and TVL on it. Once our project launches, you will be able to check our treasury status on the website. They are very professional in DeFi fields, and they will keep helping us with problems related to DeFi. In addition, we are cooperating with 2 of the top 10 Vietnam communities, crypto fury and crypto pro-community. They are very interested in our project and wanted to establish long-term cooperation.  

There’s also another great influencer, the BD team member from Certik. He invited me into a group with the people from Gate.io exchange and told us that he thinks we can be listed. We will work hard in this direction, and if everything goes right, we should see ourselves listed on Gate.io soon.

We will collaborate with other communities and KOLs in the future, currently our main focuses is to make sure our project runs smoothly and no bugs occur during the IDO.

Q7: What are the project goals? Can you share with us your roadmap in the next 6 months?

Yield Radar: Our roadmap for the next six months are still in discussion. We will fork OHM V2 asap. While Certik is reviewing our code, we have already started to look into hot projects like the wolf game and understanding their codes. The team said we could update the game in 2 weeks after IDO. We are making a new landing page currently as our main page and hopefully you will see our game on the website soon.

Q8: Where can we find out more about NifflerDAO on social media?

Yield Radar: You can visit our discord and see all the materials, we are updating our Whitepaper and will release it soon. Please stay tuned.

Also please follow our Twitter, every collaboration info are posted on it.


BSC_Daily Admin: With this, we are now at the end of our AMA session with NifflerDao.

Time for wrapping up, any last words you would like to say to our community?

Yield Radar: We hope everyone can have a good time in our community. Thank everyone for your time today.

BSC_Daily Admin: Thank you so much for spending time with our community & all the very best for NifflerDao.

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