LBank AMA Recap with MNI
My name is Adrian Visan, i am the developer of Manaio, a project that aims to develope its own blockchain with cryptography algorithms ready to withstand the yet to come quantum computing power of computation, a sector in which today’s blockchain need upgrades and security stability.
First five AMA Questions (First Part):
If I want to co-develop MNI what is the first thing i need to do?
First you should meet the team, read the whitepaper, educate yourself about Manaio so that you can know where we are heading and what is our goal.
After you did all of the above, its a matter of what area of the project you want to help in co-developing it, blockchain, security, api and so on.
It all goes down to your area of expertise and how you can be most beneficial to this project.
What is the most ambitious goal of the project❓❓❓❓ What should the community look for❓❓❓❓
Cryptography is the most important and ambitious goal of the project, to create something so secure that it will be able to offer security in each transaction for many computing era’s to come.
Basically we want to create a new standard in blockchain cryptography and security.
Besides that we are working on a different proof of stake protocol, it will be an experimental hybrid concept between proof of stake and proof of wait.
We are focusing on make the most eco-friendly blockchain concept with a very rewarding APY.
Transaction speed is something we are working hard on as well, especially eliminating the bandwidth congestion of transactions limits, we will basically build an infrastructure so advanced for its time that is basically impossible to overcrowd it.
All of our blockchain foundation is done thinking 30 years ahead of its time.
Starting from security, bandwidth, speed, nodes and up to it’s core applications and use.
Did you know that Covid-19 has had a huge impact on the crypto market. How can you maintain team performance during this pandemic MNI?
Since we have the opportunity to work from home, the pandemic situation actually didn’t slowed us down a bit. It’s all a matter of health, if the team is in good health, then we can continue developing.
Actually the crypto market went up during the pandemic if we look back
What is $MNI token Utilities & Real-Life usecases? and Why should i invest in your coin for long term?
$MNI has many usecase, from charity to our blockchain native toke, to our own ecosystem main currency.
The simplest example is this one: A develop decides to create a token on our blockchain, he needs $MNI to pay the contract deployment fee.
Other example is our quantum cryptography adoption from other blockchains, they will need to pay in $MNI if they want to have secure transactions, and we are still debating either to be a big one time payment or subscription.
Of course investing for the long term is the way to go, especially since we will integrate staking, we know our project potential.
We are the only company/project that is working o QC cryptography for the blockchain technology, if you know where the world is heading than we share the same vision, and you know where we are heading, just to give you one simple example, what will all Cryptocurrency project be worth if they will be vulnerable to attacks, imagine if you won’t be able to keep you bitcoin safe, will BTC have any value if it will be easy to hack?
For know we are the only project that is developing and researching this area, we may be the only crypto project standing during the transition era from SHA256 algorithm to our QC cryptography algorithm.
Think about it for a moment.
Can you provide an overview of your tokenomics? Will the design of the token increase and decrease with the success of the platform, does it include any scarce pathways, such as equity, storage, or burning?
We initially planned a 5% annual burn, as for the maxim supply, we cannot change that as it is a fixed supply. But once our blockchain is up and running the demand of our services and ecosystem will determine many aspects of our tokenomics. It is a very early stage for us to discuss about this aspect, but for now everything is fixed.
Selected five Questions with Answers from the Telegram community (Second Part):
Please allow me to answer this general question as i see many people asked this question.
$MNI is available to purchase on LBank
Our social media platforms are as follows:
What is your advantage over other projects? Is it from a security point of view or the technology you are using? Or are there other advantages? What makes you believe that your project is worth choosing?
Manaio is token right now, it does not have any value besides the one given by holders, we developed the token to gain exposure for our project and crypto users to gain awareness about the risks blockchain securities will have to face in the not so distant future.
Our biggest advantages are as follows:
1. Investment opportunity as the project is in its very early stage, proof of progress being showcased in more than one occasion
2. Development of the most secured blockchain technology to date which ensures holders the continuity and life of the project for generations to come
3. Different technology protocols concepts, merging proof of stake with proof of wait
4. Full transparency, the ability to have a direct interaction with the team through telegram or phone calls.
5. Integrations of yet to be disclosed protocols different from DeFi’s or dapps. @okgood2405
Ethereum is starting to get stuck, ETH 2.0 is slowly maturing, so what is Manaio’s strategy if that happens?
Ethereum and all current blockchain projects will be left far behind Manaio, for now their biggest advantage is the massive masses of followers and investors that they have, in time people will migrate their holdings to projects like Manaio that will be able to offer continuity for the challenges that technology will impose in time.@kennethYy
Do you have an Audit certificate or are you working to Audit your project to make it more secure and reliable?
For now we have the standard BEP20 S Audit like most tokens, we will provide our custom security audit once we will be in the test net era with our blockchain, so basically we have one but it would be wrong of us to brag about it as it is a standard thing nowadays in the crypto scene. @Sofia6875
How do you plan to spread awareness about your project in different countries where English is not spoken well?
We have our marketing department who ensures we have active communities in most countries, many of them are made by us and some are fan based communities.
Certainly as times goes by we will expand even more. @Yangyang8272
Currently most investors only care about profits at the moment but ignore the long-term benefits. So can you give them some reasons why they should buy and hold your token in the long term?
Unfortunately most of our early investors cashed out due to high profit returns, this made us loose a big chunk of our market cap, we went from 32 Mil $ to 3 Mil $, from a 0.32$ ATH on pancakeswap to 0.02$ stable price.
So if you want to see into the future, you need to look into the past. In my opinion this is as good as it gets investment wise.