SPECIAL VIP UniCycle AMA Recap Crypto Revolution Telegram Group

By Crypto Revolution | Crypto Revolution Telegram Group AMA Recaps | 2 Feb 2021

On 1st of February UniCycle conducted an AMA in Crypto Revolution Community. It was Special VIP AMA cause UniCycle is one of the Crypto Revolution TOP Projects for February. Our guests were Antonio and Don from UniCycle Team. Let’s take a look at most interesting points from our Conversation.

INTRODUCTION

Danny| Crypto Revolution:

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Let’s welcome Unicycle 😁
Welcome Antonio and Don. Happy to have you with us today.

ANTonio | Unicycle: Hello Everyone! Glad to be here!

Don | Unicycle: Thank You. Hello everyone 🙂

Danny| Crypto Revolution: Could you please introduce yourselves and tell us how did you get involved into Crypto? 😁

ANTonio | Unicycle: Hello everyone, i am Co-Founder of Unicycle and this is Don, my Trusted Team Member. We are here to present you the platform we have built. I believe our Team Members are well knows around the space but never as project Owners. Together we where involved with more then 15 Projects and together we decided to create a platform where Users can never be hurt by Business Growth and Promotions. I have started my crypto Journey not too long ago with HEX — little after that i started my crypto study and involvement in various projects

Danny| Crypto Revolution: With HEX. That’s interesting. Lol. Still in it?

ANTonio | Unicycle: Nah as i learned more and more i found some things i personally dont like in the design. But it was a good ride for sure!
But now i can present Auction Based project which i truly believe is more fair and over all better for the most important person and that is User :)

Danny| Crypto Revolution: Yeah we will get to this 😁 You said together you were involved in more than 15 Projects. Involved how? As part of the teams or as Investors?

ANTonio | Unicycle: Our Team members have been involved in overall 15 Projects maybe even more — me my self have been involved in 4–5 Projects as a Team Member and slowly learned from all the mistakes as well as successful moves

Danny |Crypto Revolution: Why you guys decided to stay Anonymous?

ANTonio | Unicycle: To be honest i dont have any problems with going Public, my intentions are pure. Its just a little bit odd to have so many people know your details. I have offered every promotor working with us a confidential KYC Done between us, You recieved the offer too :)

Danny| Crypto Revolution: Yeap. I can confirm! So your favorite movie is AntMan 😀

ANTonio | Unicycle: Haha you wouldnt believe but that name was chosen for me by the Community in one of the projects i worked on — As i introduced my self by my name Antonio, they decided to call me Ant so i owned it!

Danny| Crypto Revolution: Haha. Got it 😅 Could you please introduce Unicycle in Layman’s term to the Community?

Don | Unicycle: In layman’s term, it’s an 100% decentralized staking platform, that’s highly deflationary in nature.

ANTonio | Unicycle: Unicycle is a Decentralized, Highly lucrative Staking Platform designed to reward long term stakers. Its main goal is to create a consistent flow of ETH dividends for Stakers while repeating an endless cycle of high inflation and deflation in CYCLE Token. All of Unicycle contracts are built from scratch to fit the model and are 100% Decentralized.

In short story we are Auction based platform which goes on forever. Difference is Auction Contract sends 95% of invested ETH each day to active CYCLE Stakers. This features alone are proven to be very powerful but we didnt stop there — around that more features where added to add to sustainability

Danny| Crypto Revolution: How people will be able to stake?
And may be you can explain more simple Auction based platform so people can get it 😉

ANTonio | Unicycle: Of course — When you stake your CYCLE Tokens your stake will be able to collect ETH Dividends for up to 100 days!
But when User does this — 5% of his CYCLE is sent as rewards for our LP Stakers, while 95% of CYCLE is Burned.
In order for User to collect his ETH from active stake — he has to end it

Now what this does is create a cycle where person can ge from ETH to CYCLE then Stake and if he played his hand right and his stake makes him even more ETH he can simply repeat the process all while giving Unicycle a healthy growth

Auction is a process of fair Distribution of daily CYCLE inflation.
100 000 CYCLE is minted every 24h and offered in exchange foe ETH. The more ETH invested in the process — More divs, and CYCLE is more expensive.

Danny| Crypto Revolution: Hm…this is really interesting. So when Day 1 will start?

ANTonio | Unicycle: We tend not to give dates until we are 100% sure. I can tell you we plan on having Public testing available for everyone before mainnet. ETA for public testing is by Friday. But like i said we believe working under set deadline pressure tends to bring more negative then positive
No one likes a delay :)

Danny | Crypto Revolution: Yeah that’s true. Okay let’s jump to Twitter questions now. Thank you for the Introduction 😉

ANTonio | Unicycle: Any time. Make sure to check our Medium article for more in depth on all the features and mechanism.
https://unicycleofficial.medium.com/what-is-unicycle-dd0fcd6d27bc

TWITTER QUESTIONS

Q1 from @abangpiscok1

What happens to most of the projects is that when people get the token instead of holding them they sell them right away. Because they are scared that the price might go down… How will $UNICYCLE keep the coin price stable…?

Don | Unicycle: Unicycle plans to stabilize price by implementing a system that comes with Huge incentives, reward holders and improve the values of our native token.
Some of the features we have added to our system to bring value includes:
1. Burn feature: This features enables us to reduce inflation problem that most platform face, with our burn features, token is expected to appreciate.
2. Token holders gets paid in Eth, instead of our native token .
3. No early bird advantage .
This are some of features that has been added to our platform, other features can be found in our medium🙂

ANTonio | Unicycle: And the best part — it is all automated in the smart contract. We plan to burn the admin keys!

Danny| Crypto Revolution: So if I got it right Day 1 of Auction actually will be the day of Uniswap Listing as well?

ANTonio | Unicycle: Our first day acts as in Presale. At the end of first day 50% of ETH will be paired with 50 000 CYCLE and added to uniswap liquidity. Even this part is 100% decentralized and automated in the smart contract. So as day 2 begins Liquidity will be added.

Danny| Crypto Revolution: Okay got you. This is nice. Never seen something like that before. Very innovative. One problem I see are gas fees. Really high at the moment. Any solution for that?

ANTonio | Unicycle: Even tho our contract is pretty “light” its something we do not tackle as we launch. If situation with gas goes out of control like in did in summer 2020 — we do have some ideas we could implement to benefit our community.
ETH is still top alt coin and biggest market :)

Q2 from @wabelu09

Is it true that if we stake on Uniswap we could earn upto 100% APY or this is just a mere talk to entice people? Also I would like to know how the platform ensures that payments are made in a decentralized and fraud resistant way?

ANTonio | Unicycle: Ah yess — Our APY is not fixed and it will vary — it is true at the earliest stage APY might be pretty high but it is expected to balance it self with time. So basically we wont and cant guarantee APY.

Danny| Crypto Revolution: Got it. Liquidity will be locked I guess?
What about the Audit? Your Smart Contract is audited already or will be?

ANTonio | Unicycle: CYCLE/WETH Liquidity Tokens are BLOCKED from ever being split. That makes Liquidity added by team Locked forever. User can add liquidity as well which will lock his WETH and CYCLE in LP Tokens — he can then Stake those LP and farm none inflationary CYCLE Rewards — We believe this will create consistency in the Auction Lobby. Similar effect is seen in HEX it self when auction was running.
Since we feed LP Stakers by new CYCLE Stakers — rewards will be pretty amazing until more and more people do the same :)
We will not have official Audit. We do have Tranquil on our team as security. We will also host public testing for everyone to see and try the contract them selves. We all seen plenty of Audits, and plenty of so called “Hacks”

Danny| Crypto Revolution: Don’t you think this will bring a lot of Fudders?

ANTonio | Unicycle: Code will be public during public testing. So we can all discuss the code in details and where there is a possible flaw — we think doing that with the community will create a lot of trust :)

Q3 from @lona321ama

Community support is one of the biggest aspects of a project’s success. Most projects have programs that interact with their users. Does you have any special plans to attract and expand the community and improve the user experience?

ANTonio | Unicycle: We currently have 3 Community driven contest planed for Day 1 of auction lobby and beyond that. I like to call the whole plan a Liquidity to the Community program. Team will own LP Tokens — we will never stake those LP tokens but rather give them as rewards trough various programs and Dapps — at some point it will all be owned by the community

Danny |Crypto Revolution: A lot of people are really scared from the Rug Pulls happening every day on Uniswap? How you guys will be different and how do you think to gain Community Trust?

ANTonio | Unicycle: Well our Liquidity Add will be done via Auction Contract. We will all have a chance to test that — and we have implemented a liquidity block so it can never be pulled.
We pretty much cover that aspect. We are doing this because of those rugs
Me personally have been rugged many many times haha.
Thats when Crypto Girl and me decided to rather invest our ETH and make something we know wont rug

Danny| Crypto Revolution: Few months back we had all this Food Tokens. Now after Doge Pump we see all this Animal Tokens appeared. Hahaha. Crypto is crazy. What you think about all this?

ANTonio | Unicycle: Its insane. I believe 2021 is the year of assets — and we are all enjoying in crypto.

Danny| Crypto Revolution: Lol. You are not the first one saying that here so let’s see 😁

UPTRENND QUESTIONS

Question 1:

Recently, investors have been earning passive income from STAKING. How about the UNICYCLE STAKING ecosystem? What benefits will investors get from the STAKING ecosystem on the UNICYCLE platform ,,,?

ANTonio | Unicyclea: The Unicycle staking system is the same with some other staking platforms, Users will be able to earn passive incomes but this time it won’t be native tokens, instead they get ETH rewards passively, without the fear of ever getting diluted.

Question 2:

After stake ETH in your platform, can we unstake it again sometime in the future? What is the most profitable gain that we get if we stack in UniCycle platform??

ANTonio | Unicycle: You don’t stake ETH on our platform, You only enter auction lounge with Eth, after the auction, you get cycle token, which can be staked on our platform, stake collects ETH Dividends up to 100 days.

Danny| Crypto Revolution: And what’s happening after Day 100?

ANTonio | Unicycle: Your stake is there, with all your ETH, it will just not collect after 100 days.

Danny | Crypto Revolution: Got it.

ANTonio | Unicycle: You can end a stake at any point.

Question 3:

Doing AMA have proven to be the best means to attract investors What’s other marketing strategy are in place to get this project known, What gives you confidence that your project would be preferred compared to others already available?

ANTonio | Unicycle: No needs to worry, we have worked on this for months. We have discussed with a couple of well proven marketers/ promoters.
Some of the things that gives us confidence about our project being preferred to others includes : 100% decentralization, no team token, no inflation or early bird interest, and many more. More information can be found in our medium.

Danny | Crypto Revolution: Well I’m sure you guys will have a great success 🙌

ANTonio | Unicycle: Thanks!

QUIZ PART

Question: How many CYCLE Tokens are offered every 24h in the Auction Lobby in exchange for ETH ?

Answer: 100,000 CYCLE every 24 hours.

Question: At the start of each stake — What happens to 5% of Cycle Tokens?

Answer: To LP stakes

Question: Can LP Tokens CYCLE/WETH pair be split back into WETH and CYCLE?

Answer: No

TELEGRAM QUESTIONS

Telegram User:

I want to learn more about Unicycle , but the information is very small, most of Unicycle social networks are less active, the community is relatively empty and less, what strategy does Unicycle team have to develop the community and maintain long-term user?

ANTonio | Unicycle: We went public just today. This is our first AMA among many — with public testing the community will grow :)

Danny | Crypto Revolution:

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Guys Unicycle is one of TOP 5 Crypto Revolution Projects for February. Don’t forget. We will follow them really close 😉 And I’ll make sure to spread Exposure about them.

Telegram User:

Instead of simply focusing on the short term price of the TOKEN, let’s focus on the real long term value the project has to offer. Can you please give us some reasons, motivation or advantages investors would get in the long term?

ANTonio | Unicycle: We believe with positive momentum early stakes will be in advantage and high probability of making a profit. Once user ends a stake in profit in order to position him self in CYCLE again he has to either buy them on uniswap or auction lobby — this alone pushes the sustainability, but with that we hope to have a decent ammount of Liquidity which will also bring sustainability.

Telegram User:

What really MOTIVATED you to bring such a great PROJECT into existence?

ANTonio | Unicycle: Me personally as investor never like Team owning high %% of supply, and paying their Promotion and development in Native token plus all of the rugs happening, we decided its better to create something on our own which we know is safe!

Telegram User:

Do you think community is important? i want to know more about your opinion. Does you planning to also grow the community of Unicycle or no?

ANTonio | Unicycle: Of course, when you have a good contract and a solid model — community is the most important. Community contest with decent rewards is the way to go!

CONCLUSION

Danny | Crypto Revolution: Thanks for your time today Antonio and Don.
Final Words for Community before I open the chat?

ANTonio | Unicycle:
Feel free to join us and follow our latest updates!
https://t.me/UnicycleOfficial

Medium
https://unicycleofficial.medium.com/what-is-unicycle-dd0fcd6d27bc

Thank you for having us guys!

For more information and future AMAs, join our Social Media channels:

Website: https://crypto-revolution.io

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Our Partner:

🧩 Twitter: https://twitter.com/UnicycleDeFi

🧩 Telegram: https://t.me/UnicycleOfficial