CryptoSumatra AMA Recap With Hodlnaut

Time : November 10 / 12pm UTC / 19.00 WIB
Venue : CryptoSumatra Telegram Group
Speaker : Chang Teck Goh (Social Media Manager)

INTRODUCTION

Q1. Could you give us a short introduction about you and how you get into Hodlnaut?
ABOUT ME
Hello! My name is Chang Teck, or you can call me CT, and I am the Social Media Manager of Hodlnaut. I manage all the social media platforms of the company like Facebook, Twitter, Telegram, and Reddit so if you do come across any funny posts or memes, that’s all me!

Being the most front-facing employee of the company, I am responsible for portraying the company in the best possible light as I can! So if you have any other questions or concerns on the platform, don’t be shy, feel free to DM me.

Being into crypto wasn’t something I envisioned in the past. Having worked at this company for close to a year, I have learnt and experienced so much more than what education has taught me over the past 20 years!

ABOUT HODLNAUT
Hodlnaut is a Singapore-based fintech startup that provides financial services to individual investors and crypto enthusiasts. Started in April 2019, Hodlnaut is quickly rising to become one of the most promising crypto lending platforms in Asia.

Our founders, Juntao Zhu and Simon Lee were Bitcoin maximalists who wanted to make it easier for individual investors like yourself to earn high interest rates on your crypto!

Our team found out that there was a high demand to earn on your crypto besides capital gains.
Through the platform, the founders aim to offer an alternative solution for hodlers where they can grow the productivity of their digital assets.

Hodlnaut is able to offer attractive interest rates to users through Interest Account by lending the asset to vigorously vetted margin traders in the form of crypto loans.

In conclusion, we want to make it very easy for you to earn high interest on your crypto, without doing much work, generating you easy passive income while you continue to work, eat, sleep or play.

Q2. Please briefly describe what is Hodlnaut and share with us more in detail?
Hodlnaut is a Singapore-based fintech startup that provides financial services to individual investors and crypto enthusiasts. Started in April 2019, Hodlnaut is quickly rising to become one of the most promising crypto lending platforms in Asia.

Our founders, Juntao Zhu and Simon Lee were Bitcoin maximalists who wanted to make it easier for individual investors like yourself to earn high interest rates on your crypto!

Our team found out that there was a high demand to earn on your crypto besides capital gains.
Through the platform, the founders aim to offer an alternative solution for hodlers where they can grow the productivity of their digital assets.

Hodlnaut is able to offer attractive interest rates to users through Interest Account by lending the asset to vigorously vetted margin traders in the form of crypto loans.

In conclusion, we want to make it very easy for you to earn high interest on your crypto, without doing much work, generating you easy passive income while you continue to work, eat, sleep or play.

Q3. How many people/backers are there in Hodlnaut team? And what are their expertise?
You can actually find info about our team below:
www.hodlnaut.com/our-team.

We have very experienced founders who invested in BTC in 2015, and decided to start a company, called Hodlnaut in 2019, to allow even small-time investors to earn interest on their crypto!

Q4. Please share Hodlnaut Tokenomic model and explain about the token and also it’s utilization in the ecosystem.
Hodlnaut actually has no native tokens.
We allow individuals to earn interest on 6 assets, BTC, WBTC, ETH, USDT, USDC, DAI, up to 12,73% APY

We lend your deposited crypto to vetted and trusted institutions which pay very attractive interest rates.

Q5. Please tell us some progress & achievement from Hodlnaut Roadmap
Our roadmap can easily be found on our website. But for the purpose of this AMA, I will make it convenient for everybody!
We have actually come a long way since we started 2 years ago in 2019!

In 2021 alone, there were several milestones like:
- Crossing $100m Assets Under Management in January
- The launch of an innovative feature, Token Swap, in March
- Our second Financial Attestation of $234m Assets Under Management in April
- Reaching 5,000 active users in May
- Adding support for Wrapped Bitcoin in July
- Introducing Preferred Interest Payout in July
- Reducing withdrawal fees, launch of iOS app and introducing higher interest rates in a tiered structure in August.

We have just launched our Android App on 28th of October 2021, and are also doing a big airdrop where you can win up to 2,000 USDC in prizes!

Additionally, we are introducing a promotional referral program for you to earn up to 1,000 USDC simply by referring users to join Hodlnaut! Refer your friends and family to join Hodlnaut with your referral link so you can earn when they get approved and deposit!
https://www.hodlnaut.com/crypto-guides/hodlnaut-android-user-referral-program

In the near future, we are looking at the following features:
- Portfolio Management
- Automated Swaps
- A debit card for crypto cashback
- New networks and assets on the platform

Don’t forget to join us and be with us on this amazing journey!

TWITTER QUESTIONS

Q1. I check the Hodlnaut, and it is amazing projects that will give prosperity for people. Trust is key to every projects, especially for hodlers. Please explain to us, what makes investors and user feel safe when using Hodlnaut Android Mobile?
Our roadmap can easily be found on our website here. But for the purpose of this AMA, I will make it convenient for everybody!
We have actually come a long way since we started 2 years ago in 2019!

In 2021 alone, there were several milestones like:
- Crossing $100m Assets Under Management in January
- The launch of an innovative feature, Token Swap, in March
- Our second Financial Attestation of $234m Assets Under Management in April
- Reaching 5,000 active users in May
- Adding support for Wrapped Bitcoin in July
- Introducing Preferred Interest Payout in July
- Reducing withdrawal fees, launch of iOS app and introducing higher interest rates in a tiered structure in August.

Additionally, we are introducing a promotional referral program for you to earn up to 1,000 USDC simply by referring users to join Hodlnaut! Refer your friends and family to join Hodlnaut with your referral link so you can earn when they get approved and deposit!
https://www.hodlnaut.com/crypto-guides/hodlnaut-android-user-referral-program

In the near future, we are looking at the following features:
- Portfolio Management
- Automated Swaps
- A debit card for crypto cashback
- New networks and assets on the platform

Don’t forget to join us and be with us on this amazing journey!

Q2. Do you have any plans to attract non-crypto investors to your project Because it is the success of a project to get more investors who are still not in the crypto world. What are the plans to increase awareness around your in non-crypto space?
Definitely, our platform is actually built for beginners.
All you have to do is deposit crypto onto our platform and you earn interest immediately, automatically compounded
Plans to increase awareness around non-crypto space:
- Reaching out to mainstream media
- Talking to influencers that are popular in personal finance
- Reaching out via Social Media
- Letting people know the benefits of crypto

Q3. we see that Hodlnaut has a feature. Users can activate the Withdrawal Whitelisting feature. What are the advantages and objectives of this feature for its users?
Advantages:
Only allow your own wallet address from other exchanges or wallets to be able to withdraw funds to.
The objective of this feature is to protect our users from potential hacks of their account, or if they lose their phone or accounts.
This is to add a double layer security for our users so they know they can stay safe using our platform!

Q4. Is this Your project only for elite investors, how about others with small funds, is it open to everyone?
As mentioned in Q2, we are open for beginners as well.
You can start earning up to 12.73% APY even with $1!
If you do not deposit on our platform, you can refer users to join and earn a commission from them :)

Q5. To what type of institution will you lend investor funds? If the institution is a real company, how will you tackle the regulatory measure or any other tight restrictions issues?
With regards to what type of institution we lend investor funds, we lend funds only to vetted institutions who provide a collateral against borrowed funds.
With regards to regulatory measure or tight restrictions, our country is already operating in Singapore, a tightly regulated country and we are in the midst of applying for a license to operate in the country.
Right now, we are in the list of exemption below:
https://www.mas.gov.sg/regulation/payments/entities-that-have-notified-mas-pursuant-to-the-ps-esp-r

LIVE QUESTIONS

Q1. Currently for Transfer, we are using ERC20. Is there a reason for this? Also any plans to allow TRC20 or others?
ERC20, because the Ethereum blockchain is very easy to build on and that’s where majority of Tokens are.
We have plans for TRC20 in the near future!

Q2. Can you List 1–3 Killer features Hodlnaut that makes it ahead of competitors? What is the competitive advantanges your platform has that you feel most confident about??
The features that Hodlnaut wants to offer are the following:
- Preferred Interest Payout feature. This feature is a unique feature and a standout versus our competitors because we allow you to earn in your favourite asset, by just depositing one asset. How does this work? You can simply deposit USDC to earn interest in Bitcoin, and then start earning interest on that Bitcoin as well. It’s a very innovative way for users to DCA their way into the ‘blue-chip’ crypto with stablecoins.

- Hodlnaut Affiliate Partner Program. Are you a content creator? We offer very lucrative bonuses of up to USD14,500, and also an opportunity to stack this bonus on top of any ongoing promotions or bonuses just by you creating insightful content for us and referring users to join Hodlnaut!

- Token Swap feature. You can easily swap your tokens seamlessly on our platform, at no fees! We offer a comparatively tight spread as compared to exchanges out there and you can also secure your Token Swap price with our ‘Lock Price’ feature in very volatile situations.

- Nexus Mutual Insurance. Optional Insurance on your crypto! Afraid of losing your crypto due to hacks or halt in withdrawals? Individuals can choose to pay a low premium to insure their crypto, and the advantages of this is that you can continue earning with peace of mind!

- 2,000 USDC Android App Launch Giveaway/Airdrop. We are currently promoting our Android App launch, join the giveaway for a chance to win some crypto!

Q3. What’s the uniqueness of your project that can not be found in other project that’s been released so far? give me 3 reasons why I should choose your project ?
- Earn up to 12.73 % APY on your crypto, higher than competitors
- Feeless TOken Swap feature
- Preferred Interest Payout feature

Q4. How do you plan to strengthen Hodlnaut community to stay and support the project? Do you have regular game events for community? Or is there biggest even coming up?
We regularly engage with our community on Social Media, do remember to follow us!
We also have regular giveaways held to reward new users and existing new users.

Q5. When the price is seriously DUMP, projects can lose their community. What is your plan to make product-oriented community (BELIEVERS) that support token longterm?
We don’t have native tokens, but when BTC or ETH dumps and dips, that is why our platform exists — HODLNAUT, Hodl your crypto and keep stacking until it moons!

Before we conclude, would you like to say something to our community? May be sharing some links or promo
🪂 New User Airdrop Alert (EXTENDED)!

⏰From now till 15 November 2021, we are excited to announce that we will be conducting an exclusive airdrop for new users who signup and deposit on Hodlnaut!

💰Get a $20 + $20 bonus when you sign up via the link in our bio!
Limited to the first 300 users only!

❗️New users are defined as users who signed up via Hodlnaut’s affiliate link provided below:
https://app.hodlnaut.com/signup?r=xkEYVMUus

For further information about Hodlnaut :

Twitter (https://twitter.com/hodlnautdotcom)
Telegram(https://t.me/hodlnaut)
Instagram (https://www.instagram.com/hodlnautdotcom/)
Facebook (https://www.facebook.com/hodlnautdotcom)
Discord (https://discord.com/invite/N7Mm7dhZ5D)
Reddit (https://www.reddit.com/r/hodlnaut)