AMA Recap of Dude’s Army x Jigstack
On Thursday, March 17th, Dude’s Army community had the great opportunity to host an AMA with Jigstack’s team, very instructive and educational. We will share with you a little bit of what this experience was like.
Welcome @RobyGu 👍
Let’s start the AMA
Hey guys good to be here👍
Glad to have you here with us today! Please share a bit about yourself and your background. Also how you got into Jigstack
I am Roby Weir the COO of Jigstack. My background over the last 10 years has been in developing start-ups in the digital space from the ground up (I love the speed and excitement of start ups). These have either been companies I have owned or projects I have invested in or consulted for. TheE-commerce space is where I have spent most of my time growing companies to distributing products all around the world. I have had a growing interest in blockchain over the last few years and was excited when this opportunity came to me.
I have been involved with Jigstack from day one and part of the original guys with the vision of growing this company to be the DAO of Defi….. 👌
Interesting so you were doing lots of incubations in the past months right?
I guess that experience will help you out with Jigstack itself right?
Ok so let’s do some intro questions and we dive deep into Jigstack
Yes love growing companies and brands.
Explain to our community in a high level perspective what Jigstack is doing and what’s the market need for it.
I feel so. When I took the lead as Ops Manager I wanted to bring my set of skills I have learned from other industries across. One thing I am very strong on is execution. As everyone can have great ideas but Execution is key.
Execution in the end is what makes the idea real.
Jigstack is a decentralized Ethereum-basedDAO 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 will be Lemonade which is a token launchpad well-suited for upcoming DeFi projects. The market is crying out for a standard that has amazing UX/UI as well as having everything product and contract ultra secure. This is a balancing act and most either do one or the other really well. We will be making sure we nail both and will always build to this standard.
Amazing! So first before we go into Lemonade product tell us how to be part of Jigstack DAO and the benefits of it.
Well we are super super close to announcing an exact date for our public sale. This is super exciting considering how much interest and support we have already. Jigstack token ($STAK) will be a governance token that will not only allow our J-User Community a voice through a cutting-edge voting system but share in a piece of commissions from all transactions fees made on our products. Everyone will get their piece of earnings in the Jigstack Platform of Dapps that will promise to define the future of Defi DAO’s. Stakbank our Staking Platform is also in Dev and announcements on when this product will be live are coming very soon.
Amazing! Love when the ecosystem runs around the token giving it lots of value.
Let’s talk now about Jigstack first product:
Okay my baby haha. Shoot away.
Before I ask you questions on it I will let you intro it first haha
Okay well Lemonade will be the cheapest and most decentralised launch pad to be put out in the market. We want to ensure our platform is very easy to use both as a company launching a project as well as the user wanting to purchase tokens (as mentioned earlier, user experience is ultra focused).
Lemonade is also short for Lemonade Stand which rings to mind simplicity to sell and buy and easy to set up.
Haha loved it!
Ok! Let’s talk a bit about Lemonade.
How to secure allocations in upcoming projects on it? Will the allocations be distributed to those who apply or just a part of applicants manage to get it?
Great question and we will be adding a lot of features for the owner to offer to the market. We will be providing whitelisting solutions for all Jigstack token holder (another perk for our Jig Stackers) which could be for Seed, P1, P2 etc or just getting your foot in the door early on the public sale. For our Public Sale we are running on more a hybrid model as we wanted to launch our own product as fast as possible to show everyone we back our products and would even launch on our own product as the first project to do so. All our products are going to be built to add more features and tools in the future, which will one day soon be voted upon by the token holders. The power of DAO and Defi ☺️🍋
Perfect! Thanks for the detailed info! Which project will Lemonade have first?
Ok! Loved it! Feel free to share all the info for public sale and we will move on now to community questions.
Ok! Let’s do this
Q1 from henry pok:
You introduce Jigstack like “Network solution on Ethereum blockchain”. But I read besides Ethereum Jigstack will support more chain such as Polygon and heard something about BSC.Then what is the purpose of calling “Network solution on Ethereum blockchain”?
It is our starting point but as we grow and build on more chains this will chain. Great attention to detail…
Q2 from Kaushal chauhan:
I really care about the cooperation between Jigstack and Polygon. What benefits does this collaboration offer for Jigstack and Polygon? Could such partnerships increase?
Yes we have hit it off. And one thing all our partners will tell you about me and our team as we want real partnerships that are longterm. Right now we are working on ways to lower gas fees as this is obviously a big issue with ETH right now
Q3 from Super-Girl Says 💬:
How much will it cost us users to participate in Jigdtack’s services? What do I need to enter your platform and invest in some project that catches my attention?
Token price will be $0.005 per token. We will have walkthrough videos and written tutorials on how to join the public sale once we announce the date.
Q4 from 👽 Crypto Jiren 👽:
The whole structure and products of Jidgtack have been created on Ethereum. Do you really think this is the simplest and cheapest solution for users? Have you not thought about the possibility of trying other blockchains?
We have and are in the process of doing so. Hedera is already in the early stages but others we are working on and will announce soon.
Q5 from Jazz Music 🎷:
You comment that you will only admit reliable projects within Jigdtack, however within them there will always be some better than others, so will you have any kind of score or ratings that represent the quality and security of a project with respect to another?
Yes we acquired ICO rating for this reason and will all ways come down to everyones own DD.
Q6 from Antônio Carlos:
Security and user interface are the most important aspects that users see on the platform. How does JIGSTACK work? How reliable and adaptable is the JIGSTACK platform to new cryptocurrency members?
We have a saying in jigstack. Easy enough you can teach your parents to use them while staying bulletproof. Our CTO has put great foundations down that all products must hit before we roll them out.
Q7 from ꧁ ᒍᑌᗩᑎ ᔕᗩᑎᗪOᐯᗩᒪ ꧂:
Why does Jigstack (Jigsaw / Stack) govern only a portfolio of Ethereum network protocols and assets? Compared to other chains, why did they decide to Ethereum? How does Ethereum’s great potential relate to Jingstack?
ETH is the start and one of the most widely used chains out there and we wanna be part of its growth. However I do agree we will not put all our eggs in one basket. Currently we sit as a ETH business as we will only talk about what is absolute right now. But we are working on other chains
Q8 from Syed Ali:
Hi, @Robygu — So tell us who was the first person from the team to come out with Lemonade Launch pad concept? or was it a team effort?
JigSTAK/Lemonade Launch Pad is a great business model, who are your competitors and if you do have any, what makes you different to them? Thank you
Group effort. Yes ,there is competition and some may say it is over crowded but that’s healthy for this space being so young and also kind of falls into what we are wanting to achieve. A newstandard of quality across a suite of products under one reliable brand JigStack.
Q9 from Sen:
The DeFi ecosystem has several troubles and limitations, so Jigstack is called “ the missing piece of Defi” can you tell which types of unique solution are able to provide?
We are aiming to provide a suite of products to support any DEFI companies coming to market. These products can be used either stand alone or together as all will have synergy towards supporting companies growth.
Q10 from Ivan:
How do you plan to spread your knowledge of the project in different countries/regions where English is not good? Do you have a local community for them to better understand your project?
We are starting with English but we are putting in place plans to role out more languages to help provide information on everything Jigstack.
Q11 from Esha:
It’s confusing that are you a crowdfunding platform or a platform who helps clients for creating token and distribute them?
We are a launch Pad. So I would say Crowdfunding is what you would consider Lemonade. But this could change as we add more features to be more.
Q12 from yho yho:
How does Jigstack provide security and a user-friendly UI/UX at the same time while others suffering to provide?
It is a balance that is debated, audited, reviewed over and over. Not just by use but by thirdparties. This is so important and we feel our team can deliver this to a new standard. No short cuts.
We are ending AMA now. Will unlock chat and announce ama winners later
How much are you guys raising on Jigstack lemonade sale?
Thank you for your time and the additional replies
Excited to see Jigstack sale soon on Lemonade😊
$300K. 60m tokens will be distributed
Thanks for having me guys and great community. 👌
Jigstack is a decentralised autonomous organisation governing a portfolio of ethereum network assets and protocols. All assets deployed under the Jigstack brand are audited, non custodial, trusted and secure.
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