Crypto World Community Official
6 min readDec 3, 2020

CWC X MICKLECOIN AMA SESSION ON TELEGRAM: RECAP VIA MEDIUM

Hello everyone. It's time for the AMA session with Micklecoin. We have the Representatives of Micklecoin for today AMA session in persons of Ignatius O. Obi and Sunday Ayeremoah. It is a pleasure to have you here Sirs.

Ignatius O. Obi: Hi, it’s my pressure to be here today. Thanks for this opportunity.

You're welcome. Let's proceed. Question 1. Could you briefly introduce yourselves to the community?

Ignatius O. Obi: My name is Ignatius O. Obi. I am the founder & CEO of Micklecoin.

Sunday Ayeremoah: My name is Sunday Ayeremoah I am acting has public relation and marketing for micklecoin.

Question 2. Can you introduce your project? What makes the Micklecoin project stand out more than other projects in the same direction at the moment?

Ignatius O. Obi: We are adopting the blockchain technology to build decentralized marketplace, ridesharing platform, crowdfunding platform, exchanges, arbitrage platform, chat app and payment app that will revolutionize the way we shop, book a cab, raise funds, trade crypto assets, chat and transfer money globally.

Decentralized applications/platforms powered by blockchain technology will reduce the impact of third-parties on the functions of the applications and allow users to connect to each other directly which will increase transaction efficiency and speed as well as reduce cost unlike the centralized once where because of third-parties impacts in the functions of the platforms leads to high transaction fees, decrease in transaction efficiency and transaction speed.

We are building platforms that will be stress less and cost effective to use. No upfront fees, no kyc, no restrictions.

Question 3. When and where will the Micklecoin list on any exchange?

Ignatius O. Obi: We are going to list Micklecoin immediately after our token sale. And our target exchanges are Probit, P2pb2b, Tokpie, Latoken, Uniswap and Bancor. Though there are other onces on our list but the above mentioned once are our main target.

Question 4: will micklecoin storage bring any benefits?

Ignatius O. Obi: Yeah, many benefits of course because it’s the main currency of our platforms. It can be used to buy things on our marketplace, pay for featured listings on the marketplace, pay for cab on the ridesharing platform, make donations on the crowdfunding platform, pay for trading fees, transaction fees, and conversion fees on the exchanges, payment app, messaging app and also on arbitrage platform.

It can also be used to pay for services on any other dapps/platforms that we will launch in the future. People use MICK to pay for services on our platforms, they will get 10% -20% discount.

Sunday Ayeremoah: All the ingredients as said by CEO are very correct and we are here to change the way of services for the benefits of all, we are here for a change and micklecoin is the solution.

Question 5: how do you intend to prevent micklecoin price from dumping?

Ignatius O. Obi: We believe that the value of any token depends on the demand of that token, if the demand is high then the value will skyrocket and verse versa but something needs to be done for the demand to be high and that is the use cases. Any token that doesn’t have use cases is as good as useless no matter where it’s listed.

We understand that and are building many platforms where MICK will be used as a medium of exchange. As you can see, we have already 7 dapps/platforms to launch within a year where MICK will be used. These platforms are few to compare with the list of our future platforms.

So, once people begin to access our dapps/platforms and MICK is being used as a medium of exchange there. MICK price will hardly dump.

Sunday Ayeremoah: Also permit me to add that we know price matters that is why our token supply is less and also we have plans to prevent any dumping of our token.

Ignatius O. Obi: Secondly, Supply and allocation of tokens is something that needs to be done smartly. If you have been following this project for the past 10 months, you will noticed that we did some restructuring of this project which led to reduction of the total supply from 100M to 10M, Airdop from 100 per participants to 10 per participants and also team tokens from 2m to 200k and the team tokens will not be released once but by 20% each year till the next five years when all the team token s will be released to them. All these are measures we have taken to save MICK from dumping.

Question 6. What types of services will Micklecoin support?

Ignatius O. Obi: Crowdfunding, trading, messaging, payment, transportation and ecommerce services.

Question 7. Who are some business partner/clients for Micklecoin?

Ignatius O. Obi: We plan to partner with many other platforms in the future to extend our services, add more features to make it easier for people to use our platforms. Example: Integration of popular payment gateways that will enable users of our platforms purchase crypto on our platforms using their debit/credit cards, Marketing of our services to reach out to many people all over the world as we target a lot of people globally.

Question 8. What are those things that Micklecoin intend to do to attract more users in the upcoming time?

Ignatius O. Obi: Mickle will use this marketing strategy below to reach out to many people all over the world and attract them to our platforms to become our platforms users.

•Airdrop & Bounty Campaign

•Social Media Marketing & Paid Marketing

•Free Listing/Integration of other cryptocurrencies on our platforms to attract their holders (Most especially our exchange platform).

Question 9. What are the major challenges of Micklecoin in the Crypto industry and how do you intend to solve them.

Ignatius O. Obi: The principal challenge associated with blockchain in general is a lack of awareness of the technology, lack of understanding of how it works.

So, if we’re building anything on the blockchain technology, we need to educate people on how the whole thing works otherwise we will be struggling to get users.

To solve that, we already created a forum not just an ordinary forum but a place to bring people together (both novice and professionals) to enlighten them and educate them about the technology and as well as micklecoin project. There a lot of expects in the field can share useful information and the novice will have the opportunity to ask questions and get solution for any issues. It’s not an easy task anyway but gradually we will overcome that.

Wow. So how can members join the forum

Ignatius O. Obi: Yes, members can join by visiting the forum site https://www.forum.micklecoin.com sign up and start their topic. it was just launched less than a month or so and we are still working on it, even though it’s open for all. We know that it will be of great use for people in the future when our platforms are launched. They will need a place to share their thoughts.

We have come to the end of segment 1. We will begin part 2. Members can now drop their questions. The group will be lock again after 2 minutes. Then Micklecoin team will attend to the questions.

For full AMA session, please go to: https://t.me/iBlockGames/117947

MICKLECOIN SOCIAL COMMUNITIES
👉 For More information, visit our website: https://www.micklecoin.com
👉 Telegram Groups: https://t.me/Micklecoin
👉 Telegram Channel: https://t.me/Micklecoinchannel
👉 Twitter: https://twitter.com/micklecoin

AMA SESSION WAS HOSTED BY CWC

Crypto World Community Official
Crypto World Community Official

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