Astronaut AMA Transcript
BSC.NEWS Hosts Astronaut — a hybrid auto yield-decentralized protocol for auction pools built on BSC. All questions answered by Dr. NAUT
Lola (AMA HOST): Can I have Astronauts team say Hi?
Dr. NAUT: Hi
Lola (AMA HOST): How’re you doing today @talrothschild
Dr. NAUT: hey doing great thank you how are you
Lola (AMA HOST): I’m good too.
Shall we go into what we have for you today?
Dr. NAUT: yes lets get it going 🙂
Lola (AMA HOST): Good
Q1. Can you give us a general introduction of you and Astronaut? Could you tell us your role in the project and briefly introduce Astronaut?
Dr. NAUT: So first I will begin, Astronaut is a protocol built to decentralize the way new projects and ideas come to BSC raise capital. In other words an IDO launchpad and incubator with some very unique features.
I am Toby Rothschild better known as Dr. NAUT I am the CMO of Astronaut, I have an MBA with UF Warrington came from a UHNW private banking background in UBS and moved to a consulting role in Deloitte.
My role with Astronaut consist of the full marketing, brand strategy and its vision of the Astronaut project. I manage the TG, Medium, Twitter, Reddit and Youtube with the help of our awesome admin team.
Lola (AMA HOST): Nice meeting you.
How has been your Journey in Crypto?
Dr. NAUT: You as well Lola, Amazing love the community and energy
Lola (AMA HOST): Glad to hear that Tobby ☺️
Waiting for this.
Dr. NAUT: The journey has been nothing less than great.
Lola (AMA HOST): 👍
Q2. How many team members do you have q with you? And can you also tell us their roles?
Dr. NAUT: We have 4 members total with 2 strategic advisors which we will soon be releasing who they are on a post. Shazeb Khan is our Dev and co founder he does all the back end work. We have our project manager Andrew Matthew. Absher is our UI, design and front end. All highly skilled professionals with backgrounds of working with high tiered defi and crypto projects.
We also like to include our admin team as team members, they do some serious work. They get shit done. Alexandros, Astro, Austin, Adam, Bilbo, and JWK. We would not be the same without them and not be experience such booming growth without this epic squad. They also help with the business development piece of getting new projects on board.
Lola (AMA HOST): Great Team. I believe you’ve been working well together
Q3. Can you tell us how you intend to solve the problem of constant rugs and scam, since it is your Focus?
Dr. NAUT: This is a huge problem in the BSC ecosystem and is very important to solve. The amount of rugs is insane lets just say I myself have been rugged on 4 times. What we will do to try to protect investors (this can never be 100% closer to 90%) is require KYC from every and any project launching on our platform, we will also require team token locks and locked liquidity. To protect from exit scams we would have the projects launching lock up their ecosystem tokens for a certain amount of time. High end due diligence is always a requirement and we hope to protect our investors, community and the BSC ecosystem as much as possible.
Lola (AMA HOST): Yes. You’re right. It’s one of the issues investors and newbies face.
But it’s nice if you can reduce or truncate it.
Dr. NAUT: We will be doing that
Lola (AMA HOST): Good to hear. Keep the good work!
Q4. Why did you choose to Build Astronaut in Binance Smart Chain?
Dr. NAUT: Easy question, booming growth. Low gas fees. Awesome ecosystem with partners and lots of innovation incoming. The BSC will dominate ETH very easily in the near future if they don’t completely fix their gas fee problem. We see high growth from being able to build on the BSC. In the future our platform will have a bridge to be able to launch DOT and ETH projects as well.
Q5. What are the benefits or Reward for Holding NAUT
Dr. NAUT: The main benefit of holding NAUT is its utility use case of being able to tier into one of our 4 (5 when VIP releases) launchpad tiers. These give you access to IDO’s and presales. We take a snapshot of your current holdings and you get entrance into the pools according to your NAUT holdings.
NAUT is also a deflationary token, 3% is burned 1% is redistributed to holders. This will protect us from having large price fluctuations as people dont benefit from just trading in and out. It benefits holders by allowing them to receive more NAUT tokens over time and get them into the higher tiers.
Q6. How many Partners do you have? And what do you expect from them?
Dr. NAUT: We have partnered with some great platforms such as apeswap, cafeswap, beefy finance, polaris, and about 3 more to come in the next 2 weeks. We will be introducing something called the “fast track” program with our partners where launched projects get a full package deal coming to our platform. This includes third party locks, community marketing and merging, DEX listing, and farms.
Lola (AMA HOST): How’s been your experience with your Partners? And how have they improved Astronaut itself?
Dr. NAUT: Excellent each and every one of them have offered support, insight, new ways to tackle problems. They have improved our community especially apeswap who did the IAO for us. Great team they have behind them.
Lola (AMA HOST): That’s Great.
Q7. Can you share with our community the plans you and your project have for this year and the coming years?
Dr. NAUT: This year we plan to have several launches every single month. We select only the top projects we see potential in. We will be releasing our dApp and platform within the next two weeks. This is a huge step for us as originally we wanted to wait around 3 months for this release. We have sped it up to only 1 month. Astronaut will have its own swap in the future, language support, a bridge, and many new functions. It has been an exciting time and we are growing at an extremely fast pace. Within the past two days we grew by 2000 holders. We will also consider listing on one of the Tier 1 exchanges in the short term.
Q8. Can you tell us about NFT Astronaut is releasing?
Yes these NFT’s are truly epic. We are releasing a series of 4 NFT’s with limited minting. These NFT’s will have actual utility on our platform allowing you to get into a IDO tier if you hold one of these NFT’s. The NFT’s will be ranked like the tiers Moon — Mars — Star — Galaxy. The higher the tier the more expensive and rare the NFT’s are. You can read more about these on this post.
Heres an example of our Moon tier NFT — not totally complete just a prototype
Lola (AMA HOST): This is great.
What are the requirements?
Dr. NAUT: No requirements just purchase it and the holder gets whitelisted in the tier thats connected to the NFT to be able to join IDO pools
they can also trade it at a later time to another wallet to hold and be able to join IDO’s
Lola (AMA HOST): Great! 👍
Q9. What are the major challenges of Astronaut and how do you intend to solve them?
Dr. NAUT: The major challenge we have is not doing what some other launchpads have done. We learn from their mistakes. I dont want to put any names here but a bunch of the launchpads come out with new IDO’s hardly fill in the soft cap. They also have huge price dumps after their IDO’s because of no system of buybacks. We don’t need these buybacks as our token burns and people trading in and out will suffer from not holding. We also will collect far more data before the launches to make sure we can get as close as possible to 100% subscription. Note that we will never have an oversubscribed launch as we guarantee allocations.
Q10. Share with us all the links about Astronaut, so that readers can find out more and also follow the development of the project.
Dr. NAUT: Website
Q11. Lastly our favourite question, do you have any alpha or juicy news for us in BSC News today?
Dr. NAUT: Ahh yes! We always release news and are always active. Our token is being listed on Hotbit today. We have about 4 new partnerships lined up in the short term some strategic and some for simple farming and pools.
Our platform will be released within the next two weeks. We also have 2 booked IDO’s for the month of May, one of the projects is a ETH project coming over to BSC because their platform can’t support high gas fees.
This month has been huge for us with a new UI already released, we did some rebranding, had a listing in Bitmart, and Coinsbit. New partnerships ect.
We also have some advisor partnerships incoming with large blockchain firms.
and this is a small hint of one of our IDO prospects in May
Lola (AMA HOST): Wow! That’s great. So expecting more since your token will be listed on Hotbit today.
Dr. NAUT: Yeah we’ll see how that does 🙂
Lola (AMA HOST): We can’t wait to see more the news coming up from Astronauts
Thank you @talrothschild
It was really a nice time with you.
Wish your Project the Best out there.