SPIDERDAO & DESPACE AMA RECAP

On the 25th of August, we had the opportunity to host a DESPACE Protocol in our channel for an AMA. With an overwhelming amount of questions, we just knew we had to create a transcript of it.

INTRODUCTION TO THE AMA

Nathan Varty: HI to all our wonderful community and welcome to this AMA with myself and @DeSpace_CMO, we will be having 2 rounds of questions one section from myself and the other lot of questions coming from our community.

Nathan Varty: @DeSpace_CMO Could you please briefly introduce yourself and your project to our community members?

Micky Irons: Hi everyone, my names Micky Irons.

I’m the Chief Marketing Officer here at DeSapce Ecosystems as well as an acting director.
DeSpace Ecosystems is the next generation of Decentralised Finance and NFT
With our cross-chain capabilities, users will be able to trade assets across many different blockchains allowing them to utilize only one platform as opposed to multiple. There’s many more features to discuss so I strongly recommend your community visiting our blog to divulge into more details.

Nathan Varty: Very nice, great to have a strong overview of what DeSpace is all about

Nathan Varty: Are all your team members from the UK?

Micky Irons: Hi, so our team is from all over the globe which makes things so much more exciting 😀

Nathan Varty: surely is exciting

Nathan Varty: Now would you mind telling us more about your project's milestones and plans for the near future?

Micky Irons: Sure, DeSpace Protocol is a multichain DeFi and NFT solutions platform that is tasked with the following product lines:
1. NFT PAD: The NFT pad is made up of:
- an Auction Pad
- a lottery pad
- an NFT Split Exchange
- and an NFT Staking Pad.

2. DeFi & NFT Aggregator: the Aggregator comprises of DEX, Lending, Staking and Yield Aggregator; and also a fully functional NFT aggregator

3. Native DeFi Solution: DEX (DeSwap) is a multichain Dex powered by Dechain; Lending Protocol (DeLend) and Staking Protocol (DeStake)

4. DeChain Blockchain: this is a multichain Layer2 blockchain solution powering DeSpace Protocol.
Our first product will hopefully launch by this month's end with certainly more to follow next month.

Nathan Varty: That's definitely a busy roadmap, we can relate to that 🙂

Nathan Varty: What types of users is “DeSpace” intended for? Is it simple for a novice investor to understand all the data and information you provide? Or does it require a minimum of knowledge to be able to understand it?

Micky Iron: Despace is designed for even the most inexperienced users, being a one-stop-shop for everything our platform will grow to be one of the most used in the industry.

Nathan Varty: What blockchains do you intend on launching on?

Micky Irons: So it’s no secret we’ll be a multichain platform where users can trade across different blockchains and fully utilize the true power of DeFi and NFT’s.

I can say we’ll be launch on three different platforms and initially on ethereum, bsc and magic 😊

Nathan Varty: when is the launch planned?

Micky Irons: Without giving an official date all I can It’ll be next month :/.

But it’ll be worth the wait and it will be before the month's end 😎

Nathan Varty: We are looking forward to that!

About SpiderDAO

SpiderVPN provides a decentralized router-based VPN service for its users by using a dual-governance model which brings together hardware and software tools with on-chain elements. The team aims to build a new set of standards for Decentralized Autonomous Organisations to counteract the unfair distribution of voting power. Combining hardware safeguards and leveraging the Polkadot consensus mechanism, SpiderDAO establishes a whale-resistant mechanism whilst creating a highly scalable, interoperable and stable governance system.

Reach SpiderDAO on:

Telegram | Twitter | Medium | Website

SpiderDAO is the industry’s first hardware-enabled DAO that bundles multi-layered hardware and software tools on top of Polkadot. https://spiderdao.io