On March 6th, 2022, 3:30 PM UTC (11:30 PM UTC+8), we had an AMA session with LiveGreen Coin (LGC) in our Telegram chat at https://t.me/BTCEX_exchange. Our guest was Dr. Zoltan Boka, Head of the
Community of LiveGreen Coin.
Here are the essential points of the AMA session:
Segment 1: Introduction
Question 1: May you give a brief introduction about the LGC project?
Answer: LiveGreen coin is the first environment-friendly, non-profit, charity type, holder-oriented crypto. We believe that the blockchain system and crypto coins are the future of this world's economy, yet it is still in the early stages. Our plan is to make a stable background to LGC so it would be well known and we could reach out to everyone across the globe who wants to help.
Question 2: What is your original intention to do a crypto and environment-friendly project?
Answer: The goal of LGC is to harness the power of the blockchain and use it to help us toward a green, sustainable future by hosting charity events where we support great causes, which could help the environment and the world's future.
Question 3: Can you clarify further on how the power of blockchain can be used to protect the environment?
Answer: The blockchain is still in the early stages of development, even after a decade. We believe that it could skyrocket and be the default payment method of the future. We can ride along this journey and make this coin strong so that it could help more effectively, meaning we can hand out more valuable coins to help green causes.
Question 4: According to the current roadmap, what are your most important priorities for the next 6 months?
Answer: For the early stages of LGC, our plan is to be known. We want as many people as possible to know what LiveGreen Coin is. After that, we want to build a strong, diverse community with people across the entire Earth. With the help of this green community, we will always be able to know what is the situation in every part of the globe and can help accordingly.
Question 5: Are there any transaction taxes on LGC tokens? How is it distributed?
Answer: LGC doesn't have fees on transactions. Only on DEX buying and selling.
Question 6: We noticed that LGC tokens can be exchanged on Vizsalswap. What is your relationship with the Hungarian Vizsla Inu Team?
Answer: We have professional help from the head of HVI. He has experience with more than one crypto and knows what is the key to a great success in this field. Without the help from Hungarian Vizsla Inu, none of this would be possible.
Question 7: What is the role of LGC token in the LiveGreen Coin project? Would you tell us more about its tokenomics?
Answer: LGC is the main source of income to support green causes. Our plan is to divide the profits of the coin into 2 segments: 1. 40% of the profits will go into the Token. With this margin we plan to upgrade the coin through marketing, burning... etc. 2. 60% of the profits will be handed out to green projects. A. Every LGC holder can send us projects they want to help, but are unable to. After they have been reviewed by us and we determined that it is indeed not a scam but a real environmental problem we make a vote in the community. The holders can vote on what green project they want us to help. B. We plan to organize our own charity events as well. For example we are planning a worldwide tree planting event, which will be financed from LGC.
Question 8: Can you share with us what are the benefits of buying this token during a bear market?
Answer: Behind the project is a large company that is trying to assert itself in the bear market. In this case, it always has an advantage over the startups, because if the bull market returns, LGC can grow really big. However, we will not wait until the bull, we want to achieve great results even in the bear.
Question 9: How can we buy LGC token?
Answer: Among Dex, the main platform is PancakeSwap, and Vizslaswap.com has good staking options. Among CEX's the LGC Coin is already on many exchanges and now also on BTCEX Exchange are available.
Segment 2: Questions from Twitter
Question 1 from Twitter user @oxgenred: Is LiveGreen a local or global project? Can anyone use your services from anywhere in the world?
Answer: The LGC is a global project, since the entire world is affected by climate change, and a greener future is in everyone's interest.
Question 2 from Twitter user @Messijnrz: Any security audit conducted by a third party in your network?
Answer: We have an official audit. It was carried out by Certik and issued the document.
Question 3 from Twitter user @tulong890: What is your plan for global expansion? At present, which regions are you focusing on or is it focused on building and growing to gain customers, users and partners?
Answer: We focus on the whole world, there are no territorial restrictions, anyone anywhere can be a part of the LGC community. There are already official Hungarian, Bangladeshi and Chinese communities in addition to the international one.
Question 4 from Twitter user @Abigg_Mike: Over 80% of investors narrowed their attention on the short-term token price rather than the project’s true worth. Are there any incentives or advantages for investors to retain your token over the long term?
Answer: In terms of price, LGC is stable, there are no big swings, but after the bear market, it is expected to start in the bull market. In the long term, a good business plan and stability attract investors.
Question 5 from Twitter user @pandy505: I love passive income through staking. Can you explain more about popular LGC coin staking pairs?
Answer: LGC offers a variety of staking options on VIZSLASWAP and APESWAP. Among them, the Stake LGC-Earn BTC and Stake LGC-Earn USDT pools stand out.
Segment 3: Live Questions on Telegram
Question 1 from Telegram user @FeMMie6994: Concerning your economic model, is there a possibility to use your token for staking or farming?
Answer: Sure! We have great staking options on VIZSLASWAP and APESWAP
Question 2 from Telegram user @Huuthangg9999: Do you guys feel satisfied by seeing your progress and achievements till now, when you look back to the day when you have started this project?
Answer: Yes! But it's a long road, and this is just the beginning!
Question 3 from Telegram user @Huuthangg9999: NFT is a hot topic right now, but NFT isn't just for art. Does your project think there will be many NFT use cases? Why should we take NFT seriously?
Answer: Yes, we are planning to release an own NFT collection at Vizslamarket
Question 4 from Telegram user @Yeyenling: What are the chains and wallets supported?
Answer: BEP20 chain and all the wallets that support Binance Chain like Metamask and Trust Wallet.
Question 5 from Telegram user @trannnhnn: I want to support the LiveGreenCoin project,tell us more about the Ambassador Program and in what ways can we participate?
Answer: We don’t have an ambassador program yet, but soon it will start. Stay tuned.
