RECAP#AMA552
#AMA552
CryptoFury Community x Go Pocket
⏰ Time: Nov 26th , 9:00 AM UTC
💰 Giveaway : 100$
💎 Place : https://t.me/CryptoFuryVN
Question for Part 1- Project overview:
1.What is Go Pocket?
Mike Lee: Go Pocket is a Web 3.0 crypto wallet which provides overall, real-time and scenario-based security service. Check our official website https://gopocket.security
Go Pocket focuses on providing real-time and dynamic security services, blocking malicious attacks and effectively protecting users’ assets by comprehensive risk management strategies.
We got a sweet design for worldwide users. All of you are able to user our security service for free for a quick check of token security if you do not have Go Pocket mobile app yet. Here you can check https://gopocket.security/token-security. And the result will be in detail like this.
Go Pocket Core Function
- One-click security detection
- Risky token submission
- Approved contract management
- User-friendly interaction
You can also check our Youtube channel for all illustration videos
https://www.youtube.com/watch?v=ZFG4RJjdcJI&t=35s
2.Can you introduce us briefly about you and Go Pocket team, Mike?
Mike Lee: Sure. I am Mike Lee, CEO of Go Pocket.
I have been in the blockchain industry for 4 years working with two blockchain products — Delphy and Tops.
Delphy is a decentralized forecasting market product, and Tops provides security data services for crypto investors to help them identify and avoid risks.
Before that, I was engaged in the development of web 2.0 secure browser and successfully sold a browser company with daily activity of 4 million.
Go Pocket is R&D-oriented with a small team of around 30 members. A majority of them have 3 to 4 years of blockchain experience and security product development background.
Go Pocket was started at the beginning of this year , and its functions are being constantly updated and optimized.
3. As we all know wallet still doesn’t have a good profit model. So why did you choose to develop a crypto wallet? What is your vision & goal?
Mike Lee: Good question. Before talking about wallets, I would like to talk about the security aspect.
For all blockchain investors, the first step is to purchase tokens and this may be threatened by frequent risks and security incidents. Investors often face troubles like buying fake coins, assets stolen after receiving phishing airdrops, unable to sell after buying, participating in pump and dump projects
Traditional security audits for blockchain projects is mostly so-called static security. It mainly focus on the smart contract code and emphasizes on whether there are code irregularities or whether there are bugs.
Although static security can cover a significant portion of security issues, it is still not enough in today’s DeFi blowout. For example, the serial structure of the blockchain leads to a huge MEV arbitrage space for DeFi contract calls, which may cause losses.
Calling and feeding prices among multiple contracts may create a space for price attack. These are problems security audit can not cover
Meanwhile, with the rapid change of crypto world, crypto wallets no longer meet the market demand by just manage private key, it becomes the portal for users to interact with dApps and Web 3.0.
That’s why we are committed to a safe wallet. Go Pocket is aiming to be a security defender of Web 3.0, which provides real-time and dynamic security protection for ordinary investors. And also adding on optimized user experience, Go Pocket aspires to be core portal for Web 3 world in a long run.
Part 2: Pre-selected questions from our community
1. Can you explain more about what are the similarities and differences with Go Pocket and other wallets?
Mike Lee: sure I’d love to. Before illstration. Our community made video for easy understanding
Please check here first and I will explain more
Go Pocket is equipped with basic crypto wallet functions, such as seed phrase generation and storage, multi-chain assets management and trade, interact with dApps, etc.
What different is Go Pocket puts asset security as the top priority, and it breaks the traditional wallet chain-centric management concept and turns into address management
It is a multi-chain wallet characterized with real-time dynamic assets security and higher usability.
In terms of security, Go Pocket is the first wallet to provide token security detection and approval management. Users are able to detect assets security with one-click, can check the contracts they have approved for each token, change the approved token amount and revoke the contract approval at any time.
Besides, Go Pocket automatically identifies the risks when the investor interact with the marked-up phishing websites, risky contracts and addresses. These service are only offered by Go Pocket in the market
As for user experience, you may encounter clumsy operation process when interact with last-gen wallets. With Go Pocket, user do not need to switch chains to view all assets, and do not need to add assets into wallet manually. Go Pocket also has a built-in native cross-chain bridge, so that users can directly carry out cross-chain transaction with one-click.
Our users are also able to switch addresses and networks directly within the dApp as showed in the video
Go Pocket also keep up with latest market demand, like view ENS name and avatar, it is welcomed by ENS community. You can ddd observer accounts, etc. These are all features other wallet does not have.
I hope all this user friendly and security features other wallet do not have answers your question
2. As security is Go Pocket core feature, can you explain more about Go Pocket security mechanism?
Mike Lee: Ok. Some of our users also asked about our security mechanism. Based on analyzing and abstracting of more than 10 thousand economic models and security cases, Go Pocket has developed our security engine which applies machine learning technology to automatically identify code logic vulnerabilities and business design flaws of the contract code, and runs the contract via EVM sandbox to accurately identify various static and dynamic issues that may arise in the contract operation.
The security engine mutually engages with Go Pocket security database. The security database is constantly updating by scanning newly issued assets and projects and collecting the latest risk types, which provides sufficient learning material for the security engine.
The security database covers a wide range of tokens on different networks and is updated in real time. It provides security services not only for Go Pocket users, also for all other blockchain projects as business user, like Arbiproject is powered by Go Pocket security data API, which I would like to introduce later on.
Our database currently covers security data on Ethereum, BSC, Arbitrum, Polygon and Heco, with more than 10,000 detected token and more than 4,000 risky tokens.
The security sevice not only work for Go Pocket user, our security service API also supllies business users like other projects
3. Your community care if Go Pocket is going to launch its own token. And what is your development plan?
Mike Lee: Thank you for asking. We are not going to launch Go Pocket token at the moment.
Go Pocket still focuses on strengthening our security services to Go Pocket users and to business users, so that eventually a decentralized security service mechanism can be organically formed
Go Pocket token will be the next step after overall security service mechanism is established. Probably in the second quarter of next year, but we don’t guarantee this time at present.
4. Ok, Token is for next phase. Well, we all know that Go Pocket is issuing Genesis NFT, can you give more information about it?
Mike Lee: Sure. So in order to thank our community for support, the Genesis NFT is the important part of our genesis activity. We will issue 2000 NFTs, 1500 for Go Pocket beginner and 500 for our Security Defender. And to become Security Defender, one must become Go Pocket beginner firstly.
The NFT holders are the first batch of users who support Go Pocket and are willing to grow with us. Go Pocket believes that security defense is the right thing, and doing the right thing has long-term value. Genesis NFT is for those who share same value with Go Pocket and are willing to gradually witness that Go Pocket is widely assented by Web 3 world.
Check our activeity roles here https://gopocket.medium.com/go-pocket-genesis-nft-mining-161067457238. Please join us for Genesis NFT
Also the process of getting our NFT, users will learn how to protect themselves from risky tokens
here is a simple guiance video for getting away from risky tokens and secure users assets
5. What new features will Go Pocket add on? Will you provide things like investment advice, security news, or maybe web extension?
Mike Lee: Yes, Go Pocket will add on more features. It supports Optimism and Avalanche in the latest version, and other networks will follow.
Go Pocket will also allow push notification to users, but we will conduct a user demand investigation before this feature be added on.
Go Pocket does not offer financial advice, yet will add on more real-time data supporting investment decision. And very likely to develop web extension after mobile app and our most important security engine optimizing plan
Question for Part 3: Guests will choose 5 live questions from members and answer directly in CryptoFury Community
1.I’m a developer, and I’m interested in contributing to Go Pocket alongside earning, do you have any Bug Bounty to check for vulnerabilities ?
Mike Lee: very good one. BUG bounty is also our next step plan. So our idea for security is that the more member contribute, the faster we can find malicious code, the safer crypto ecosystem will be. So our goal is to be security defender for web 3 world, BUG bounty is part of it when we build a security community
2.Do you have any plans to Integrate with NFT’s in recent times?
How can users take benefit of this integration?
Mike Lee: Hey there. What I did not mention is that we are also a NFT wallet. You can easily view, manage and trade your NFTs in Go Pocket as showing here. If you care about our NFT plan. As Hannah asked, just join us, check rules here https://gopocket.medium.com/go-pocket-genesis-nft-mining-161067457238 , any questions welcome in our community https://t.me/GoPocketGlobal
3.Can you list 1–2 killer features of this project that makes it ahead of its competitors? What is the competitive advantage your project has that you feel most confident about’d
Mike Lee: Hi. As mentioned, Go Pocket is a multi-chain wallet characterized with real-time dynamic assets security and higher usability. Please check my answer for the 1st questions in session two
4.Who is the target for your project? Apart from Blockchain users, does your project have any plans for non-crypto users as well? If so, how can you attract them, or what are your plans to attract them?
Mike Lee: As a next-generation decentralized crypto wallet, our target users are crypto investors who need security protection in a handy wallet. In general, all crypto investors need security service, like in web 2, without security sofeware, you are always exposed in risks.
That’s why we are willing to be the main portal in crypto world, even for non-crypto users. Anyone can safely pave to crypto
5.What is your most ambitious goal of your project? We would appreciate it if you could share with us any Upcoming Updates?
Mike Lee: Yes Sure. We will release our Security API this month. It offers security service to business based on our security database. The Arbiproject I mentioned before is a community initiated project portal, and Go Pocket offers security service to all projects listed on Arbiproject. Check it here https://www.arbiproject.io, and also their twitter going to be online soon https://twitter.com/arbiproject
Go Pocket is exporting comprehensive security services for the public chain ecosystem, such services will also be seen on other public chains. Please stay tuned if you are interested in this.
One great news will be released soon. Please follow our Twitter for that. In the end, we also welcome business partners and developers, especially those who focus on security, to contact and cooperate with us to jointly build a security boundary for Web3.
Thank you everyone for your enthusiasm!
Time is limit for more questions.
Please join our telegram group for further discussion https://t.me/GoPocketGlobal
or discord VN channel https://discord.gg/dn3CTMuX
Also don’t forget to follow us https://twitter.com/GO__Pocket
All details about Go Pocket could be found below
🛢 Website: https://gopocket.security/
🛢 Twitter: https://twitter.com/GO__Pocket
🛢 Telegram Chat: https://t.me/GoPocketGlobal
