AMA session with LunchMoney 03.04.2021
On the 3rd of April, Discovering Crypto Club hosted an AMA session with such a promising project as LunchMoney, which delighted us with future collaborations, products, sales, and rewards. Here you have a recap of what the AMA looked like.
Host: Hello dear community and welcome to our AMA with LunchMoney (not LaunchMoney as the announcement said, it was a mistake)
Our guest is @LMYCoFounder and he will try to answer all your questions and solve all your doubts. Welcome to Discovering Crypto Club, Adrian, it’s a pleasure to have you here.
So, as a beginning, can you please introduce yourself and make a brief summary about LunchMoney?
Adrian: Yes my name is Adrian Triplett I’m the Co-founder of Lunch Money we are a universal loyalty reward platform where you provide feedback of your experience at any restaurant globally you will upload your receipt for validation once submitted we verify it and send you LMY out native token it’s that simple…
Part 2: Twitter questions
First question from Twitter user putunayam
Tell us describely about your roadmap/plan for this year. what you are currently focusing on and are you going to list on big exchange?
Adrian: Well this year we are to add more liquidity into our pool finish V2 of our platform and launch it hopefully that will be in a few weeks.. yeah we are in talks with some bigger exchanges it just comes down to having the funds to cover the listing fees…
Yeah were looking at tier 1 exchanges we will keep the community updated once we have deal locked in
Second question from Twitter user Jonaz06739447
Smart contracts are prone to bugs, How efficient and secure is your smart contract. Have you ever been audited through external parties, so we are sure that this project is safe and good for the future of investors?
Adrian: Yes we have been audited.. https://www.dropbox.com/s/1obsdey8bzzt43m/Final%20Legal%20Opinion%20for%20Lunch%20Money%20%28LMY%29-%20Restaurant%20Private%20I.-signed.pdf?dl=0
Yes, we are safe to invest in.
Third question from Twitter user Shakilpk123
As far as I can see, NFT and BSC are the next trend of new projects. As I know there are a lot of very good development projects on this platform, what is your opinion about this development?
Yes we love NFT’s we are working on producing some Lunch Money NFT’s, updates will be in our telegram group soon..
Host: When do you plan to launch your own LunchMoney NFTs? 😊
Adrian: That will be coming in the 3rd or 4Q
Host: Btw, are you hiring designers or anything similar? Maybe the community is interested on that 👀
Adrian: We can take submissions if the community would like to design some Lunch Money NFT’s
Host: And what are your thoughts regarding BSC?
Adrian: Were looking into creating a cross-bridge for LMY to be on BSC and Gochain we will update the community soon with a tutorial.
Fourth question from Twitter user Braven990
📀Q.I’m a developer, and I’m interested in contributing to your project alongside earning, Do you have any Bug Bounty to check for vulnerabilities?
Adrian: We're thinking of opening up V2 of our platform to only a few people to actually check for bugs and vulnerabilities we’ll keep you updated...
Host: And how are you going to choose the people who will have access?
Adrian: Were thinking token holders who hold a certain amount will have access.
Fifth question from Twitter user MrJamal92
Most of investor just focus on the price of token in short term instead of real value of project. Can you give us motivation and talk about benefits for investors to long term?
Adrian: We are one of the few projects that are SEC registered.. https://www.sec.gov/cgi-bin/browse-edgar?CIK=1742054 also have 47% of liquidity locked up for a year with more to be added.. we have a patent pending on a mechanism that will buy LMY from the market from each feedback that Is submitted and approved so constant buy pressure once feedbacks are consistent.. we have partnerships that will be announced that will help us sustain in the long term.
Part 3: Live questions
First question from Telegram user @MsKiwi206
Until what corner of the world do you plan to arrive? that is, to what extent in the world do you think LUNCHMONEY will be solving people’s problems with their infrastructure?
Adrian: We are a global project
Second question from Telegram user @chientha
Is your platform suitable for Crypto beginners? Or does it only appeal to professional users?
Adrian: Its perfect for beginners because all you need is a wallet address and a picture of your receipt for validation earning crypto from something you do already like go out to eat…
Third question from Telegram user @Zafiyakhan
Many projects rug pulled and exit scam recently. Why should investors trust your project not to do the same?
Adrian: We have liquidity locked in Team.finance search LMY
Fourth question from Telegram user @AshTrainer
Adrian: We are CeFi meaning its ran by us but decentralized as a platform.. it’s not open source because are platform is proprietary we even have a patent pending on our technology that every feedback will trigger a buy in the market…
Fifth question from Telegram user @chulinhchii
Do you have any Coin Burn / BuyBack systems or any Token Burn plans to increase the value of Token & attract Investors to invest?
