📌 Don’t panic! You’re not banned, you are just muted for portions of the CryptoNite CLUB AMA x Virgo Coin AMA Session

⚠️Total Reward pool: 100$

⚠️Requirements:

👉 Follow : https://twitter.com/virgo_coin , https://twitter.com/Cryptonite_club

👉 Join group : @VirgoCommunity

👉 Follow : t.me/virgo_io

We will have the following structure:

Part 1️⃣: $10/5 users — We’ll select 5 questions from the community. A user can post maximum 3 questions. please submit your questions in the comments section of following post.

👉 https://twitter.com/Cryptonite_club/status/1451557519248158720?s=20

Part 2️⃣: $10/5 users — Open chat for 180 seconds. You can post Max 3 questions. Virgo Team will select 10 questions and answer them.

[Era]

Hello, dear CryptoNite Club community! We are pleased to announce AMA with Virgo .

Today our guest is @praxls (Hugo)

Hello and welcome to CryptoNite Club, Hugo 😊

[Virgo Team]

Hello! Thanks for the warm welcome 😊

[Era]

Nice to meet you!

[Virgo Team]

Nice to meet you too!

[Era]

How are you doing?

[Virgo Team]

Great! It’s a pleasure to be here today

[Era]

We are really excited about the upcoming AMA with you.

Let’s start! Introduce yourself, please. How did you get to be involved in crypto & Virgo

Tell us please about your position in Virgo

[Virgo Team]

Sure!

I’m Virgo’s founder and CTO. I got involved in crypto back in 2015 after seeing a website accepting Bitcoin.

Being curious, i searched for what it was and fell in love with the concept!

After many years of investing and doing research on blockchain and cryptography, I found a technology concept in late 2019 that could solve majors problems, and created Virgo!

[Era]

Greate Explain ! 👏

What does Virgo mean ?😁 Btw give us a brief introduction to the project. What is the essence of Virgo?

[Virgo Team]

Virgo is the name of a major constellation. We choose this name because we ultimately want to create a great ecosystem of interconnected dApps.

We are creating Virgo because we find dApps and the crypto industry in general pretty hard to access for casual, non-initiated people.

Great projects are dispersed between many platforms, making themselves hard to find and cumbersome for most users.

It is also paradoxical to create applications that are decentralized to protect users but finally distribute them over centralized means, making a fundamental weak point

Imagine if pancakeSwap’s main website gets hacked for a few minutes; the attacker could easily steal dozens of millions from users!

That’s what we want to solve and prevent

To do this, Virgo is creating a decentralized AppStore, enabling users to easily and safely download dApps directly from our wallet.

To do this, Virgo is creating a decentralized AppStore, enabling users to easily and safely download dApps directly from our wallet.

To power this platform and the applications on it, we are also creating a state-of-the-art cryptocurrency!

That’s what Virgo is doing

[Era]

Thanks, for the detailed information.

Which chain are you based on?

[Virgo Team]

Our technology is not a fork of any chain. We made it from scratch. However, the most similar technology to it must be IOTA and its DAG!

We solve the security problem inherent to this technology by combining it with a classical blockchain.

This way, we can benefit from the DAG’s scalability while being as secure and decentralized as an old-fashioned proof of work blockchain, like Bitcoin or Ethereum!

[Era]

Please tell us about the team of like-minded people who help build the project? Who is at the core of the team?

[Virgo Team]

We are currently six in the team, and will grow this number as much as possible!

It comprises three developers, including me, one marketing officer, one business relationships manager, and one advisor!

For the most part, we have been in crypto for a long time and met thanks to it

executing mining operations and exchange services before committing to Virgo

[Era]

How long does it take to develop a project? What plans do you have for the future? And what can we expect from Virgo?

[Virgo Team]

Our mission is to make crypto accessible to anyone. It’s a huge task that gives us work for many years to come!

In the short term, our goal is to release our testnet by next month and create an MVP version of our store by the end of the year.

We also plan to prototype a first dApp, a fully decentralized chat, like telegram but without centralized servers, further improving privacy.

Finally, we are launching VirgoFarm, our stacking program, on Thursday. It will permit you to stack your VGOs and earn up to 25% APY on them!

[Era]

Nice !

Thanks for the introduction, now let’s learn more about Virgo through the community questions we have collected. Ready to proceed?🥳

[Virgo Team]

Sure!

[Era]

@SilakYamon : Most investors are looking for short-term profits. They will sell the token as soon as it is listed on the exchange. So does project #virgo_coin have any plans to prevent investors from selling tokens early?

[Virgo Team]

Thanks for the question!

We see Virgo as a long-term project, creating products that will be used and so create value

It alone should keep real investors attracted to our project

In addition to this, we are launching VirgoFarm, a smart contract that will distribute most of VGO’s supply to investors over more than ten years, at a rate of up to 25% per year!

This way, long-term investors are gratified, and new investors can go in without the risk of whales controlling the price!

[Era]

Thank you very much for your answers and clarifications! ready to proceed to the next question?

@Kaviindu_: Virgo creates the first decentralized AppStore to drive dApps adoption, a distributed ecosystem powered by a state-of-art cryptocurrency … How this creation of Virgo will affect to crypto community ?

[Virgo Team]

We hope with Virgo to make the crypto industry much more fluid and secure

The goal is that instead of having to use many different services and blockchains to use dApps, people will be able to do it through Virgo, our technology acting as an additional layer to any supported blockchain

[Era]

Thanks for those interesting details, clear answers are very appreciated for our community. Now is time to proceed with the next question🥳

@AkiiBoy01: Do you have a plan to expand Virgo to other blockchains ? If so, which blockchains ?

[Virgo Team]

One of our mid-term goals is to make our cryptocurrency as interoperable as possible to ease Virgo’s use further

Towards this goal, we will create bridges with any blockchain that we find secure enough

including Bitcoin and Ethereum as an example!

[Era]

Thanks for your great answers! Ready for the next question?

[Virgo Team]

Ready!

[Era]

@Dinibro1: What are the key milestones on your roadmap — both things you have already achieved and things that we can look forward to? Any partnerships and short/long term technical milestones that you want to talk about or bring some attention to?

[Virgo Team]

A first major milestone we achieved is that during summer we successfully conducted a private testnet of our blockchain technology; it is now almost ready for a public testnet and will be released during November!

Our next major technical milestone is to create an MVP version of our store

But more importantly, we will soon start to work on implementing smart contracts to our cryptocurrency!

[Era]

Well, if did you say about the roadmap, would you like to share with us perhaps?

[Virgo Team]

We will soon post an updated roadmap with our detailed plans for 2022! Our current roadmap is available on our website: https://virgo.net

[Era]

Thanks, guys for the detailed information and answers

Ready for the next question?

[Virgo Team]

Sure

[Era]

@0xIshi: Your platform is able to generate a huge amount of data speaking about users preferences, strategies and behaviors. Are you already using those data? Do you plan to use them in the future as an additional source of profit?

[Virgo Team]

Data is essential to build products that are convenient to use, but privacy is an absolute right for us.

We will collect nothing without the user’s explicit consent, and all data will be sent anonymously.

Also, we won’t share any information with third parties!

[Era]

Thank you very much for sharing. Now get ready for the most emotional part of our AMA — live questions!!!

Dear community,

⚠️we will open the chat soon. Please prepare your questions.

Virgo guests will select 5 of them. Please remember the rules.

Only genuine questions will be rewarded. Copied questions will be disqualified

⚠️For Part 2 of the AMA, every user will be allowed to post a maximum of 3 questions.

One message should contain a maximum of 1 question.

📌Thank you for understanding and good luck!😉

5…….4…….3…….2……1…..Let’s Go !!!

— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — —

[Era]

So many Questions Thank you, Everyone!!!

@praxls please choose the 5 best questions and answer them😊

[Virgo Team]

Thanks everyone! Please let me a few minutes to read them all.

[Era]

sure !

[Sherif Shadrick]

Airdrops/Giveaways….

Nowadays ,lots of projects offer airdrops/giveaways for token holders.It’s damn good❤️

Can we have hopes about Virgo coin giveaways/airdrops in the future:)

[Virgo Team]

We already organized many giveaways on our Twitter and plan to continue! Follow us to not miss them: https://twitter.com/virgo_coin

[Crypto Lover]

Do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?

[Virgo Team]

At our mainnet launch, every transaction fees will be burnt to create deflation, like Ethereum’s EIP 1559!

[Madhi Ismath]

I want to invest to your project. How can I buy your token? Is there a Pre-sale or Public sale of your token? when will it take place? and how can I participate in it? Please share its contract address

[Virgo Team]

You can already buy our token on PancakeSwap! It’s been fairly launched and will soon be available on centralized exchanges. https://www.dextools.io/app/bsc/pair-explorer/0xf4d14ab439057e9684768ab394a2bdeba3ae1f30

[Vui Trung]

Did you consider community feedback/requests during the creation of your product in order to expand on fresh ideas for your project? Many projects fail because the target audience and clients are not understood. So I’d like to know who your ideal consumer is for your product?

[Virgo Team]

Every of our products go through three phases: An initial MVP, tested by the team and selected users, permitting us to solve major bugs and improve usability. Then, we release it in an open beta, it allows us to solve minor bugs, check that everything is compatible with most devices and to polish the app. And finally, it goes live to the public!

[Fathima]

Hackers and Scammers are very much active. Can you please give some information about the Security system of your project? How safe is your project especially for long term investors? How will you protect your investors? Do you have an audit?

[Virgo Team]

All of our smart contracts are audited by independent firms, here is the one for our token: https://twitter.com/DessertSwap/status/1448384983211683844 ! We also plan to release a bug bounty program at our testnet launch.

[Era]

Thank you very much for your answers and your time! it was an amazing AMA!

you are doing a very beautiful and high-quality project! we are honored to have you here today.

[Virgo Team]

Thank you very much for your answers and your time! it was an amazing AMA!

you are doing a very beautiful and high-quality project! we are honored to have you here today.

Top