Flashloans AMA Recap⚡: Our Public Relations Strategy and Plans
In the third of the Flashloans AMA series Flashloans Tammy Paola spoke with John Mcleod PR expert and adviser to Flashloans. If you missed the AMA, please read on for a recap of the Q&A’s.
Tammy: Hello everyone! — Welcome to this week’s AMA! Today we are speaking with John Mcleod.
John is a Public Relations expert, he has more than 15 years in PR and has been an adviser to many Investment companies and then went into the blockchain and cryptocurrency and has been an adviser to several high-profile organisations including Bittrex Global and NXT Foundation. He is responsible for driving FlashLoans PR strategy.
We have had some great questions for this week’s AMA so let’s get started.
Question 1: We are already in the last weeks of the year, so, tell us, what are the top priorities of the project at the very beginning of 2022? Also, what are your biggest achievements this year 2021?
John: Thank you Tammy, as a team we are very proud of the successful fundraising and some of the big-name investors and VCs that believe in this project. We have been happy to see so many people join our community in such a short space of time. We are looking forward to building up the platform in 2022 so that it is the go-to source for people in DeFi who want to access Flashloans.
Question 2: What do you think about the explosion of the NFT + DeFi association, which has attracted so much attention in the world? How does your project take advantage of this reality and how is it affected?
John: We are very excited to see DLT being put to practical use, even established names are waking up to the potential for DeFi and NFT use. As things currently stand Flashloans doesn’t have anything to offer related to NFTs, that said in the future there are brokerage possibilities for buyers and sellers that will enable third parties to buy and sell an asset in one trade. There’s no set date for that, however.
Question 3: What creative and innovative features of your project do you believe will be a major trigger to ensure market value surpasses that of coins and others? What roles can the community play to ensure that the project achieves the targeted levels?
John: Currently we are focusing on building for the future and creating a platform that anyone feels comfortable using in order to execute safe trades. If the project does grow in scale and the token price reflects its increased use and utility in the DeFi ecosystem that is a happy by product. As things stand, we are 100% focused on building up this project and making it easy for anyone to use irrespective of their background.
Question 4: Smart contracts are prone to problems, and as a result, three major new DeFi start-ups have recently suffered, costing customers money. Is your smart contract efficient and secure, and has it ever been audited by a third party?
John: The platform will be audited by CertiK the leading security-focused ranking platform to analyse and monitor blockchain protocols and DeFi projects. Flashloans is a non-custodial platform, users don’t need to deposit funds, they can borrow liquidity from Aave. https://www.certik.com/
Question 5: I am very interested in the name of your project, so I want to invest but currently your project has no information about the token which makes me curious. Can you give me an overview of the current total supply and where we can buy your tokens?
John: The tokenomics are clearly laid out in the whitepaper and on the website. Just a brief FYI: There are currently — 200 million tokens available, and they are tradable on Pancakeswap, Uniswap & Cointiger:
Question 6: Many projects promise a long-term plan, a great mission, and great success in the future, but never yield any working product or revenue. What makes your project different with these projects? Can you share some of your great achievements in 2021?
John: Yes, it’s important to emphasise that Flashloans had a working prototype before the team approached fundraising, it wasn’t just a dream and a whitepaper as we saw happen so often during the ICO boom of 2017. We have a very experienced team that has been in this space for many years, with experience in Finance, Programming, Marketing, Public Relations and much else. We are focused on building up the platform over the course of many years and are in it for the long run, providing solutions to real problems that we can see in the DeFi industry.
Question 7: In the near future, do you focus on Community development? Which region will be the crypto market & users will you focus on? Thanks.
John: Thank you, I can confirm we’re looking to grow the and Flashloans is available to anyone irrespective of where they are based.
Question 8: Do you have a Tutorial video so we can get to know your project more clearly? Or do you have a YouTube channels or something? Can you share it with us? Thanks.
John: Thank you, we do have tutorial videos on how to execute Flashloans coming up soon, here’s a link: https://pbs.twimg.com/media/FG-hwPoXwAYoGcd.jpg
Question 9: Partnership is always an important factor for every project. So, who is your partner? What are the benefits you get from those relationships?
John: All of our strategic partners are listed at the bottom of the website, and we are very grateful for their support and insight: https://flashloans.com/
Question 10: So many projects just like to speak about the “long term vision and mission” but what are your short terms objectives? What are you focusing right now?
John: Absolutely, this project is aimed at all investors, people without a background in Solidity Programming can execute Flashloans.
Question 11: How frequently will you publish press releases? And in what languages do you plan?
John: We always aim to keep the community updated with any progress we make at Flashloans. Currently our Press Releases are in English, however we hope to reach out to potential users in their native languages, we also hope to translate the educational series to open this platform up to as many people as is possible.
Question 12: Did you consider community feedback/requests during the creation of your product in order to expand on fresh ideas for your project? Many projects fail because the target audience and clients are not understood. So, I’d like to know who your ideal consumer is for your product?
John: Thank you, Flashloans was designed so that anyone, irrespective of their background and knowledge of Solidity Programming could execute trades. People of all ages, nationalities and demographics can spot opportunities and execute trades free from risk.
Question 13: Without a working product, any idea has zero value. We see that many projects are only on paper, but there is no product. So, please make sure that your project is just not an idea, and it already has working products or practical use cases?
John: Yes, it’s important to emphasise that Flashloans had a working prototype before the team approached fundraising, it wasn’t just a dream and a whitepaper as we saw happen so often during the ICO boom of 2017. We have a very experienced team that has been in this space for many years, with experience in Finance, Programming, Marketing, Public Relations and much else. We are focused on building up the platform over the course of many years and are in it for the long-term, providing solutions to real problems that we can see in the DeFi industry.
Question 14: What are the benefits of holding your token as long-term investment? Can you tell us about the motivation and benefits for investors to keep your token in the long run?
John: While we can’t comment on the price or offer financial advice, you might want to check out the staking link and see the benefits for long-term hodlers: https://stake.flashloans.com/#/
Tammy: Thanks John for these answers. Another great AMA and thanks again for all the great community questions.
Flashloans is a new DeFi tool that allows users to create and perform a Flash loan backed trade from an easy to use UI. For more information go to www.flashloans.com