MEXC AMA Session with Robert Weir from Jigstack(Stak)
Guest: Robert Weir, COO at Jigstack
Host: Miranda
Introduction:
Miranda: Today, we’re honored to have Robert Weir, COO of Jigstack , here to give us a more intuitive introduction to their unique project.
Mr. Robert Weir, would you like to say hello and tell us a little bit about yourself?
Hey everyone and it’s a pleasure to be here.
Sure thing. My name is Robert Weir and I am the COO of Jigstack “the Dao of Defi”. My background over the last 10 years has been developing companies from the ground up which I either owned or worked as a partner on. My passion for Crypto and Defi has led me to build Jigstack and have loved every minute of it so far and can not wait to continue to see our vision grow into the new year and beyond.
I know there was alot of questions so please join our communities on TG and Discord
Discord — https://discord.gg/jigstack
Questions about the project:
Q1:
Miranda: Robort, can you tell our users what is Jigstak in detail?
Robert: Jigstack is a decentralized Ethereum-based DAO with a conglomerate structure. Its purpose is to govern a range of high-quality, revenue-generating network solutions on the Ethereum blockchain.
Our first product we launched was Lemonade which is a token launchpad well-suited for upcoming DeFi projects. We have now run 2 successful Ido’s on our launchpad which has seen great early success for our token holders who got in on those projects. We are now working on bringing more projects to the platform, but we are been very careful on choosing projects that have good fundamentals and a strong team to prevent the wrong type of projects running campaigns that can damage consumer confidence and our brand in the early stages of our launchpad.
The Second product we launched was our staking platform where token holders can earn rewards from the revenues made by our products. As we are building DAO governance model we will also be adopting a voting system where Jigstackholders can either present or vote on new products to be developed under the Jigstack umbrella.
Our third product Gallery is our NFT Platform where we carefully select artists and other creators to auction off their pieces to our community. We currently have submissions open and have some great talent ready to launch once we finalise some final tech issues which will be completed soon so can start running auctions early in the new year.
Our 4th Product Jwallet/Santa is about to launch which we are super excited about as we see this product as a way to bring crypto newbies into our eco-system as their first point of contact and with our Stak Academy help educate these new users on everything they should know to get started in using crypto to benefit their lives.
As you can see we have been super busy and aggressive since launching in April, and have come a long way in just a short period of time and will only improve and grow from here.
Miranda: Wow that’s a lot of work to do, i am sure your team must have a pretty busy schedule😂
Robert: Yes super busy but also super driven 😀
Miranda: same as MEXC👊👊👊
Q2:
Miranda: Next can you tell us what are Jigstak ’s unique selling points as compared to other similar projects in the industry?
Robert: Sure thing
Sure our main point of difference is we are building not one product but a suite of products that sit under the one company which all contribute to bringing in revenues or rewarding our token holders.
Our products are also designed to work together or be stand-alone depending on what our users require.
This will also one day become a fully DAO governed and we are working on making sure the correct pillars are put in place so that everyone can contribute and bring their ideas to improve Jigstack in the future.
Miranda: seems the community gonna play a great part of Jigstack
Robert: Community is everything and we are a very strong and loud community which have been awesome
Q3:
Miranda: What about the native token $STAK, what the role of it in Jigstak? Would you tell us more about its tokenomics?
Robert: Stak holders will receive a percentage of commissions for all projects that are in our ecosystem and can be received by staking on our staking platform “Stakbank”.
Also as Stak holders, you have a seat on the table once our DAO governance model is completely activated. Your voting power as a STAK holder will help push the new norm of Dapps/Products to launch as well as other key stakeholder decisions to ensure that the community is driving the success of Jigstack and the direction in the future.
Q4:
Miranda: Are there any exciting news or updates with regards to Jigstak that you would like to share with the users?
Robert: Yes, we are about to launch our Jwallet gifting solution “Santa” which is designed to easily send crypto as a gift via email to friends and/or family. Your receiver can then verify the gift by using the email they received notification from and once verified the gift will appear in their wallet.
On top of this, we are integrating polygon so users will be able to send smaller valued gifts without the extreme transaction fees they would usually face on Ethereum. Our multi-send feature makes it also easier to send gifts in bulk so you do not have to continuously send gifts as individual transactions.
Another milestone that will be achieved in the short term will be integrating polygon on our Launchpad Lemonade as well as our staking solution Stakbank. This further improves the user experience and will help draw more users who are concerned about lofty gas fees which can happen just being on ETH.
Q5:
Miranda: If you were to summarize your project in ONE word, what would it be? Why?
Robert: Crypto-Suite
If we can count this as one word :)
As we want to be known as the one-stop-shop for all your defi needs which you automatically trust and find easy to use.
That’s why we mentioned early days that we want to become known as the Microsoft of Defi and own the space.
Miranda: one-stop-shop for all defi needs, that sounds amazing👍
Free-asking Session
Q1. Do you Have any Coin Burn / BuyBack systems or any $Token Burn plans to increase the value of Token & attract Investors to invest??
Robert:
Yes great question. the revenues from the 1% fees we collect from each platform, 80% will go to our staking platform and 20% will go to burning Stak tokens.
Q2. IF THE BEAR MARKET COMES will your token PROBABLY DUMP? Do you have any plan to prepared for this bear market? How will you handle the panic sell ?v
Robert:
I have mentioned this a lot but we are not focused on Bull or Bear and regardless of the conditions in the market we will focus on building our products and bringing more users in. We are mainly focused on our mid-long term vision as it is dangerous to be stuck so short-sighted in crypto.
Q3. Do you have any plans to attract non-crypto investors to join your project? Because the success of a project attracts more investors who haven’t yet entered the crypto world. What are the plans to raise awareness about your project in the non-crypto space.
Robert:
Our gifting solution “SANTA” plays a key part here and we want to make it as easy as possible to break down the current barriers holding people back in adopting crypto/defi into their lives.
We also will have a whole tutorial section called “STAK Academy” so newbies can learn the basics at their own pace and not feel overwhelmed, which is often the case as there is so much confusion out there.
We at Jigstack want all our products to be eventually able to be used easily by our parents and grandparents.
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