RECAP#AMA1113

#AMA1113

CryptoFury Community
4 min readJun 30, 2022

CryptoFury x Astra Protocol

⏰ Time: Jun 30th , 1:00 PM UTC
💰 Reward Pool : 100$
💎 Place : https://t.me/CryptoFury_Chat

Question for Part 1- Project overview:

1. Can you briefly introduce yourself as well as Astra Protocol? And from where you get the project name? What does it mean to you? And why you choose this name for your project? What is your mission and vision to build this project? What you want to achieve Through your project in future?

Sak: All of the products we’ve been created are named after solar system objects as we believe we’re creating a new universe of blockchain products within a network

Our mission is actually improve crypto and Defi bringing more trust to this industry

Right now the number of scams and illicit finance is growing and has made regulators increase their pressure all over the world. So we created ASTRA the first decentralised compliance layer designed to protect customers and defi platforms

2. What strengths do Astra Protocol have to compete with competitors?

Sak: We don’t really have any competition, we’re the only decentralised compliance layer! The first and best 🙏🏽

But we use the best legal and compliance firms in the world, we have the best team and we’re decentralised

3. What are your significant achievements till now and what are your other plans for this year?

Sak: We completed a 9m usd round backed by republic and DAOMaker
We hired mick mulvaney and Kirstjen Nielsen to our board
We have scaled our technology team
We are currently doing a 100m usd round

This year we will launch our token

And we will launch our product 🙏🏽

We will also have an IDO on DAOMaker

Part 2: Pre-selected questions from our community

1. What kind of partnerships can we expect from platform? with different platforms or projects in the future? How can other platforms and projects benefit platform?

Sak: There have been Lots of partnerships we just announced a partnership with cube L1. We will have some major announcements about our launch this year

We are making defi safe again

2. Privacy and transparency are very sensitive topics and are widely discussed among users in today’s world of Cryptocurency Projects. so I would like to know, how do you deal with this particular problem, how important are they in the your?

Sak: These are both super important to us. We use enterprise grade security for our services and we never reveal our customers identities on chain. We keep your blockchain identity and your real world identity safe and in your own control

3. IS This Your project only for elite investors, how about others with small funds, is it open to everyone?

Sak: No anyone can buy our token via centralised exchanges when we launch

4. The current crypto regulatory framework is almost non-existent. Worse, financial watchdogs remain vague about cryptocurrencies. How will Astra manage to untangle the threads of uncertainty in the drive for compliance? How will it provide compliance and legal assurance for Web3?

Sak: We take all the regulatory standards for 155 countries and built a technology framework so we can make it accessible to crypto platforms making it super easy to manage, instead of having complex
Compliance practices our technology does all the KYC and AML for them

5. A strong community not only brings interesting ideas to the Astra Protocol project but also attracts larger partners. So how planning to build its community? And is there a plan to recruit people with Blockchain experience to the team?

Sak: We are so proud of our community! We’re around 200k on telegram and 150k on Twitter! We have a very experienced team in blockchain but will be growing it as always

Question for Part 3: Guests will choose 5 live questions from members and answer directly in CryptoFury Community

1. Do you have AUDIT certificate or are you working to AUDIT your project, so that the security of the project becomes more secure and reliable?

Sak: Audit will be done just before token launch

2. Where can I buy your tokens now, what are your current contracts address and how can I buy them and what are the benefits?please tell me this question?

Sak: Token is not out yet but sign up on DAOMaker in preparation for our IDO

3. Many projects gets abandoned due to low fund and weak experienced team , what are the strengths and weakness of your project?

Sak: We have the strongest team! And good financials

4. The COVID-19 outbreak has affected every business in the world. Is your platform affected by this?and Is it in a better way or a bad way?

Sak: Covid actually increased the adoption of blockchain as everyone began to invest more in digitisation

5. 👉Hi sri ,on which network can I get your token?

1) Smart Chain ℹ️
2) Tron ℹ️
3) Etheriam ℹ️
4) Polygon ℹ️

Or any other network?
Please tell me which one of these..💯Truly, you’ve done AMA in many telegram groups, so what next, what other way will you make your project more popular?

Sak: Ethereum!

Done! Thanks everyone

All details about ArchLoot could be found below

🛢 Website : https://astraprotocol.com (https://astraprotocol.com/)
🛢 Twitter: https://t.me/Astra_Protocol
🛢 Telegram Chat: https://t.me/Astra_Protocol

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