AMA RECAP : CRYPTO SQUAD X x ASVA LABS
Venue : @Crypto_SquadX_Community
Date : 18th May 2021
Time : 3 PM UTC
Guest : Mr. Mallkiarjuna Naidu
RAGNAR | CryptoSquadX
Hello Famm!!! Welcome Back to Another Session Of Our AMA Series❤️ Today, We have @Naidupolygar as Our Guest From Asva Labs . Welcome @Naidupolygar :)
NAIDU MALLIKARJUNA | Asva Labs
Hi My name is Mallikarjuna Naidu, CEO of Asva labs. Thank you for allowing me to present asva labs to the community. And I am glad to start AMA with you.
SEGMENT 1 — INTRODUCTION SEGMENT
RAGNAR | CryptoSquadX
Q1. Can you please introduce yourself to our community and please tell us a a quick summary about Asva Labs?
NAIDU MALLIKARJUNA | Asva Labs
Of course myself I have been helping building, scaling, and growing the crypto projects to heights from few years , I’m likewise a Crypto enthusiastic , DeFi maximalist. and growth advisor for crypto projects , I talked about the topic “Boom of the DeFI Industry at Asia Decentralized Summit Goa in 2019 and several crypto conferences. Here at asva I am keen on the overall strategy to drive DeFi adoption to the majority.
RAGNAR | CryptoSquadX
Q2 What are the advantages of your project and who are the competitors for Asva Labs?
NAIDU MALLIKARJUNA | Asva Labs
Asva Labs Is Fueling Next — Gen Interoperable Applications Focused On DeFi ,NFTs And Metaverse. It Leverages Advance Web3 Based Blockchain And Substrate Technologies To Develop Interoperable And Scalable Decentralized Applications. we are building bigger ecosystem on DeFi and NFT industries.
RAGNAR | CryptoSquadX
Q3. Could you please elaborate more about your tokenomics? What’s the total supply and what kind of plans do you have regarding the token unlocks in the future?
NAIDU MALLIKARJUNA | Asva Labs
Sure we launch the best token economic model here we published artilce please check to get infromation $ASVA tokenomics and destribution scheudle https://asvafinance.medium.com/asva-tokenomics-and-distribution-model-17daa4177712.
RAGNAR | CryptoSquadX
Q4. Could you please provide some progress on your Roadmap and what results Asva Labs has achieved so far? And any sneak peek into 2021 plans for Asva Labs ?
NAIDU MALLIKARJUNA | Asva Labs
Yes we are currently working on initial MVP launch in the month june here some of major achievements and targets Closure to launch MVP of asva finance on BSC chain testnet We achieved cross — chain integrations on polkadot based substrate successfully closed seed round fundraise Started private finance rounds Coming months we target IDO and TGE industry top partnership collaborations launch Asva interoperable DeFI dashboard with features of Cross — chain liquidity aggregation ,lend , yield farm Integrate asset management features multi — chain support on polkadot and polygon , solana Avsa Metverse NFT platform launch Migrate asva products polkadot parachain
RAGNAR | CryptoSquadX
Q5.How has the experience and background of your team been effective in the success of your project so far?
NAIDU MALLIKARJUNA | Asva Labs
yeah ! my self Im CEO of asva labs I have been helping building, scaling, and growing the crypto projects to heights from several years , I’m likewise a Crypto enthusiastic , DeFi and NFTs maximalist . and growth advisor for few of crypto projects CTO He is Experienced professional holding immense expertise in subject matters relating to blockchain technology, cryptography, cloud computing, and Information technology services.He is expert at Architecting, Analysis, Designing, Requirements Elicitation, and process modeling . He has led projects at various cross — functional fronts solidifying their technical stack. Product manager Experienced professional with a demonstrated history of working as Product Manager for over 16 years with corporate giants such as TransUnion CIBIL, HSBC, JP Morgan, Nomura, Lehman Brothers & CCIL. As a Blockchain Evangelist and Design Thinking Practitioner And we have a group of passionate Individuals with deep expertise in blockchain development and specialized in marketing and scaling crypto project developments .
SEGMENT 2 — TWITTER SEGMENT
RAGNAR | CryptoSquadX
Q.1 Can you explain your global expansion plan … Is that the only market you focus on all the time ? Are you focused on building or growing and attracting customers and users or partnerships ?
NAIDU MALLIKARJUNA | Asva Labs
I agree with you we are getting the strategic partners to asva who can potential to provide long time value propositions in case of brining ecosystem partnerships, community engagements , influencers connections and strategic support on executions of asva product development and future roadmap
RAGNAR | CryptoSquadX
Q.2 The lack of adequate technical and economic infrastructure affects the usage of Non-Fungible Tokens (NFT). how strong is your team in terms of knowledge and experience in the NFT and crypto field
NAIDU MALLIKARJUNA | Asva Labs
Yeah we got talented tech team to asva board who had already got well understanding and development experience with NFTs standards the CTO he almost been with NFTs space years he gained a lot exposure in technically and our team are doing their job very well launch asva NFT platform
RAGNAR | CryptoSquadX
What problems Your project is trying to solve? Do you think that problems are not yet noticed by any other in DeFi space?
NAIDU MALLIKARJUNA | Asva Labs
we started Asva labs address the existing industry limitations and also meet the ever-increasing demands of the DeFi and NFT market by building robust and interoperable decentralized applications on web3 blockchain infrastructure. the main challenges we take to address in the DeFi and NFTs space they are cross — chain trades , liquidity problems ,interoperable money market , NFTs utilities.
RAGNAR | CryptoSquadX
Could you please provide some progress on your Roadmap and what results $ASVA has achieved so far? And any sneak peek into 2021 plans for?
NAIDU MALLIKARJUNA | Asva Labs
Yes we are currently working on initial MVP launch in the month june here some of major achievements and targets Closure to launch MVP of asva finance on BSC chain testnet We achieved cross — chain integrations on polkadot based substrate successfully closed seed round fundraise Started private finance rounds Coming months we target IDO and TGE industry top partnership collaborations launch Asva interoperable DeFI dashboard with features of Cross — chain liquidity aggregation ,lend , yield farm Integrate asset management features multi — chain support on polkadot and polygon , solana Avsa Metverse NFT platform launch Migrate asva products polkadot parachain
RAGNAR | CryptoSquadX
Could you please tell me just a little more about the team and some of their backgrounds? I have personally seen many projects launch with inexperienced team members, and some of those didn’t go so well due to easily avoidable mistakes
NAIDU MALLIKARJUNA | Asva Labs
yeah ! my self Im CEO of asva labs I have been helping building, scaling, and growing the crypto projects to heights from several years , I’m likewise a Crypto enthusiastic , DeFi and NFTs maximalist . and growth advisor for few of crypto projects CTO He is Experienced professional holding immense expertise in subject matters relating to blockchain technology, cryptography, cloud computing, and Information technology services.He is expert at Architecting, Analysis, Designing, Requirements Elicitation, and process modeling . He has led projects at various cross — functional fronts solidifying their technical stack. Product manager Experienced professional with a demonstrated history of working as Product Manager for over 16 years with corporate giants such as TransUnion CIBIL, HSBC, JP Morgan, Nomura, Lehman Brothers & CCIL. As a Blockchain Evangelist and Design Thinking Practitioner And we have a group of passionate Individuals with deep expertise in blockchain development and specialized in marketing and scaling crypto project developments .
SEGMENT 3 — LIVE Q & A
Q1 FROM @killer_been1
What is the ultimate vision that Your project is trying to achieve within the cryptocurrencies market? Obviously the whole space will experience huge growth in the upcoming years, but what role would you like Your project play in this?
NAIDU MALLIKARJUNA | Asva Labs
nice one ! “Asva labs” is the innovation lab that revolutionizes the focussed industries with next-gen interoperable and scaling products and we are envisioned to address existing limitations related to DeFi and NFTs and developing advanced products from asva labs at the moment by utilizing web3 technologies like polkadot to contribute DeFi and NFTs to mainstream adoption. One product is cross-chain money market protocol per DeFI and another product is on-chain metaverse powered by NFTs and we will extend our products coming months
Asva labs aim to address the existing industry limitations and also meet the ever-increasing demands of the DeFi and NFT market by building robust and interoperable decentralized applications on web3 blockchain infrastructure.
Q2 FROM @Ramsy_north
How I can use $ASVA for in ASVA ecosystem? What are the benefits of holding it in the long term?
NAIDU MALLIKARJUNA | Asva Labs
$ASVA is the native token of asva labs it fuels the entire the asva ecosystem . The native token constitutes primary utilities such as staking, yield farming, governance, liquidity mining, and incentivization programs. Users can employ the $ASVA token to pay the transaction fees on the Asva DeFi protocol and on its metaverse — NFT platform to trade virtual creations .
Q3 FROM @Genesitgem
NFT is very hot trend now, do you pretend to catch up with this trend or still follow and focus your original roadmap? create values, not create TREND !
NAIDU MALLIKARJUNA | Asva Labs
yeah asva labs creating value by adoption NFTs space Asva vertua space is the the on chain Metaverse NFT platform powered by asva labs it features create , buy, sell virtual lands , 3d arts and collectibles . it provides opportunity to users to monetize their virtual creations. The asva virtua space platform leveraging Blockchain , NFTs and metaverse technologies to create virtual world the users they can interact with realm experiences by metaverse combined technologies Some of its main features asvaare True Digital Ownership, Interoperability, Decentralized assets exchange, and Player Driven Economy. This provides transparency to trade virtual characteristics from avatars to lands, arts, and many more. This virtual world brings a change in the world of virtual reality through NFT’s.
Q4 FROM @eby234
What are your key features that you are very proud of and feel very confident about that makes you ahead over any project out there?
NAIDU MALLIKARJUNA | Asva Labs
we started Asva labs address the existing industry limitations and also meet the ever-increasing demands of the DeFi and NFT market by building robust and interoperable decentralized applications on web3 blockchain infrastructure. the main features asva labs products offering to DeFi and NFTs space they are cross — chain trades , cross chain liquidity ,interoperable money market , NFTs utilities
Q5 FROM @Nuton_x
Ambassadors plays an important role in achieving the goals of every project. Do you have a Global Ambassador Program? If you have, how can I Participate and be an ambassador?
NAIDU MALLIKARJUNA | Asva Labs
of course we believe this ambassadors will help project to get mass community exposure and more value propositions we recently launch our ambassadors and community supporters programs the potential peoples can apply for it . join to the our ASVA official telegram group to get more details to how to apply.
— AMA CONCLUDED —
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https://t.me/asvafinance
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