Thank you to everyone who joined AMA Blockelite x XRdoge on 21st January at 03:00 PM UTC I 10:00 PM (UTC+7). Here is the recap for those who missed this AMA.
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Yuno – Blockelite Host: Hello fellow Eliters and welcome to another Blockelite AMA Series
So ladies and gents, Our special guest today is Moonboi589 – Co-Founder of XRdoge
Moonboi589 – Co-Founder of XRdoge: hello all
Yuno – Blockelite Host: Hello @Moonboi589 , welcome to Blockelite today
Moonboi589 – Co-Founder of XRdoge: hope you are all well
Yuno – Blockelite Host: you too
How are you today?
Moonboi589 – Co-Founder of XRdoge: I am very good
Yuno – Blockelite Host: Great
On to the Segment 1 of our AMA, we hope you’re ready for the next few questions coming at you!
Moonboi589 – Co-Founder of XRdoge: ready!
Yuno – Blockelite Host: Our guest is ready, we will enter Segment 1 right now !!!
Q1. Could you give us a brief overview of the project?
Moonboi589 – Co-Founder of XRdoge: XRdoge is the first token to combine the undefeated meme power of the Doge, with the lightning fast, staggeringly cheap utility of the XRP Ledger. We seek to rescue our crypto brothers and sisters from painfully slow mining and expensive gas fees.
Already we see this combination in the XRdoge payment portal and XRdoge Dex.
And we are close to making our next big utility announcement.
But most of all, we will fulfil our destiny: to take up our position alongside Doge, and Shiba Inu as the holy trinity of premium meme coins; and we want to take you all along for the ride.
Yuno – Blockelite Host: Thank you, for your introduction, our pleasure to have you join us today
Next question
Q2: Tell us more about your DEX. What is your ideal outcome for the DEX?
Moonboi589 – Co-Founder of XRdoge: Not many people know but the XRP ledger has an in built DEX, but for the longest time it was barely used. XRdoge offers a fun and easy interface with it to help get more people using it. Since XRdoge launched trading on the XRPL DEX has skyrocketed, and the XRdoge DEX is a key driving force behind it.
What is good for XRdoge is good for the XRPL ecosystem and vice versa.
We are also looking at using our DEX interface to offer some very innovative game changing crypto solutions which are currently in development.
One of the aims of the Dex for us is combining utility with memes. When someone uses the XRdoge Dex, they have the name of the token in their mind all the time. This creates an immense potential user base of people thinking about and checking the price and what the project is up to. This further creates an incredible amount of money on the sidelines, keeping tabs on what the price & the project is up to, ready to FOMO in when the day comes.
Yuno – Blockelite Host: Next question
Q3. You mentioned a new utility announcement, could you tell us more about that?
Moonboi589 – Co-Founder of XRdoge: The announcement is not too far off, but the details have to be top secret until then so we can make sure our Intellectual Property rights are secure. I can say that it is linked to the green revolution.
The environmental impact of mining coins such as Bitcoin and ERC-20 meme coins is well known.
XRPL tokens like XRdoge use a very tiny amount of energy in their transactions. And we are shortly to launch a new green utility project to help reduce people’s carbon footprint.
We are also in the process of forming partnerships with innovative green companies to expand the project’s reach.
This project will show that we are both a meme and a utility coin.
Yuno – Blockelite Host: Sounds great, and I love Meme, haha
Okay, next question
Q4: What is your marketing plan like for this quarter?
Moonboi589 – Co-Founder of XRdoge: Our marketing plan is formed by a few key aspects, which work together. Community, formal, and utility development.
Community Marketing: One important thing to remember with XRdoge is that it is a token built on a decentralised public ledger, where the vast majority of the token is held by the community.. The founders work together with the community. We promote the community’s efforts, and they promote ours.
Many community members have set up very popular XRdoge twitter accounts, YouTube accounts, are on tik tok, telegram, discord and so on. They create XRdgoe songs, artwork, meme videos, and merchandise. Se we all work together to support, collaborate and promote each other’s work.
Then there is the more traditional marketing. We have engaged an outdoor + digital marketing company based in the UK for the English speaking market. We have also engaged marketing companies for the Asian market and non-English speaking European markets which helps us to get our announcements out to a much larger world.
One of our main aims for the next quarter is to push out into the Asian market in particular. And to move out from the XRPL space, to the larger crypto space. Hence we are here!
The third area is developing new utility project which brings new eyes to the project.
Yuno – Blockelite Host: Last question in segment 1
Q5. Kindly share an inspiring quote for our community please.
Moonboi589 – Co-Founder of XRdoge: “Ideally, Doge speeds up block time 10X, increases block size 10X & drops fees 100X. Then it wins hands down.” – Elon Musk.
Why do I quote this, because XRdoge does all this and much much more. Elon wanted it, we built it. Xrdoge will win hands down!
Xrdoge to the moon!!!
We wrapped up nicely the first part.
Are you ready for Segment 2 (5 best questions from twitter)?
Moonboi589 – Co-Founder of XRdoge: ready!
Yuno – Blockelite Host: Our guest is ready, we will start Segment 2 right now !!!
Q1: For a beginner and newbie in crypto and NFT , do you have any tutorial guide so that I can understand more about project?
Moonboi589 – Co-Founder of XRdoge: Yes, one of the most important goals for XRdoge is to use the fun side memes to bring new people into the crypto market.
We have a extensive, step by step series of tutorial videos here: https://www.youtube.com/channel/UC4innFNVXojl7TjBU06qj-A
This includes an overview of the project, how to buy, hold, trade and other aspects of the project. These videos will help anyone get started with XRdoge.
We also have a website which includes lots of useful information: https://xrdoge.com/
Yuno – Blockelite Host: Thanks for sharing, next question
Q2: Staking programme is very important for any project, Can i stake your token? Do you have any plan of starting staking programme?
Moonboi589 – Co-Founder of XRdoge: We are currently finalising details with a partner on an innovative staking project. I can’t release the full details until they are final, but holders will be able to provide liquidity to trading markets, and then earn tokens for the liquidity provided.
Forgive me for not being able to be more specific at this point, but fingers crossed it is not too far off, and we believe that people will be excited by it.
Yuno – Blockelite Host: Look forward to project =))
Next question
Q3: Hello Sir, Your project name seems to be very interesting. Does it have any story behind it? Can you share us with the inspiron for approaching to this name?
Moonboi589 – Co-Founder of XRdoge: For us, the story is very important. And the name “XRdoge” captures the essence of the token – to combine utility and memes.
The first half of our name ‘XR’ comes from XRP Ledger. The XRP network that XRdoge is build on is fast, decentralised, cheap to transact and with a very low carbon foot print. The project is using this network to develop new utility projects.
But this is all very good but one must show this to the people. This is where memes come in, and why the second half of our name comes from ‘Doge’.
There have been two great meme coins based on the Doge that have come from the bitcoin and ethereum networks – Dogecoin and Shiba Inu. But there is something missing here. That is the third great meme coin from the XRP network.
And XRdoge is in prime position to take up its rightful place as the third great meme token. But it isn’t just memes, this is just the way to show people the underlying utility.
Yuno – Blockelite Host: Continue with Q4
Q4: Will you plan to raise the awareness of your”@XRdoge project in regions that English is not well-spoken? Any local communities to bring them better understanding of your ecosystem?
Moonboi589 – Co-Founder of XRdoge: Yes, this is why we are here!!! Raising awareness in the non-English speaking world is one of our priorities. We have engaged marketing companies in both Asia and Europe. They are translating articles on XRdoge into Korean, Chinese and many different European languages. We are also in talks to expand the translation work.
Already many articles are starting to pop up in non-English mainstream media publications. And there will be much more to follow!
Yuno – Blockelite Host: Ok, last question of this segment, everyone please prepare good questions for segment 3.
Q5: The your project has good growth potential but the crypto space is not in one of its best moments, can you explain to community members why they should invest in the project & participate in its long-term development?
Moonboi589 – Co-Founder of XRdoge: Whilst not offering any financial advice, I will answer your questions with some questions that will give you somethings to think about. This will hopefully allow you to reach your own conclusions.
Most people are bullish when the price is very high, and bearish when it is low. But should this be the other way around?
Is the best time to buy when a project has been pumping for a few weeks? Or is the best time to buy when the the price has pulled back, as the crypto market always does?
Why do some people get rich from crypto and other people get rekt? Is is because they buy at the top, when everyone is bullish. Or is it because they buy at the bottom, when everyone is bearish?
I will leave the answers up to the reader.
Yuno – Blockelite Host: You are awesome, thanks for answer all 5 best questions from twitter of my community
Last Segment for AMA today, The guests will select 5 best questions from the community.
Blockelite community:
Is your platform a global or is there any restriction to certain regions?
Moonboi589 – Co-Founder of XRdoge: XRdoge is build on the XRP ledger. This is a decentralised, open, global public ledger. The team does not restrict anyone from taking part who wants to own XRdoge tokens.
Blockelite community:
What’s your main focus right now, are you focused on the community or market/Exchange or the products?
Moonboi589 – Co-Founder of XRdoge: We are focused on all of it! We do regular updates on twitter/discord/telegram for the community. We hope to be announcing a new exchange very soon. One that is popular in Asia. And we are also finalsising our new utility project.
The XRdoge team never sleeps!
Blockelite community:
How can I buy this tokens? Is it available on any exchange?
Moonboi589 – Co-Founder of XRdoge: It is currently available on Bitrue and WhiteBit. And as I just mentioned, there should be a new exchange coming very soon. Also, you can buy it from our decentralised exchange if you follow our tutorial videos
https://www.youtube.com/channel/UC4innFNVXojl7TjBU06qj-A
This will save you exchange fees!!!
Blockelite community:
Are you afraid some day there will be another project with more innovative technology can replace your project ?
Moonboi589 – Co-Founder of XRdoge: No, in XRdoge we do not operate on fear. We operate by believing in our creative powers. And we invite you all to join our community so we can all be creative, work together, and keep taking XRdoge to the next level!
Blockelite community:
BSC is really in trending now because it has low gas fee and high transaction speed. Have you any plan to move on BSC?BSC is really in trending now because it has low gas fee and high transaction speed. Have you any plan to move on BSC?
Moonboi589 – Co-Founder of XRdoge: XRdoge has even lower fees (almost zero!) and even faster transaction speeds. If BSC is trending, then think how much we will trend once the world finds out!
You are all very early!!!
Yuno – Blockelite Host: Thank you for joining today AMA! It was awesome!
Our AMA session is now over !!!
