Wednesday, January 27, 2021

Recap AMA Payzus in Cryptowid Community

AMA series Payzus With Cryptowid Telegram Community

On December 14,2020 at 1pm UTC 7pm WIB Indonesia Time in the Cryptowid Telegram Group, AMA Payzus started with Mr Raajessh Kashyap CEO of Payzus Community Lead. When campaign, 10 lucky AMA participants when best asking questions Twitter and AMA sessions will get a total prize of 100$ USD The following is a summary of AMA questions and answers announced by the moderator and guest speaker.


Speaker Introduction

Mr. Raajessh Kashyap : I am an Entrepreneur, Investor, International Speaker, and a Blockchain Enthusiast . Having 6+ years work experience of handling projects in different domains of Blockchain Working on building a protocol that overcomes the various critical problems with blockchain technology such as time, cost, scalability, and cross chain transfer of blockchain assets while making cryptocurrencies suitable for daily life.

SEGMENT 1 PROJECT INTRODUCTION

Q.1. Please tell the community what is Payzus (PZS) in detail ?

Mr. Raajessh Kashyap : Payzus mission is to tailor out the best technologies, innovations, and protocols brewing in the field of Decentralized Technologies and create a unique recipe out of it by abstracting away (removing) all its complexities and simplifying it with an easy user interface.

We aim to bring innovation through intelligent token design and governance with the intention to help mass adoption of decentralized technologies worldwide. This platform is our sincere effort to help the world to become more decentralized through technology.

Q.2. What is the background behind Payzus project ?

Mr. Raajessh Kashyap : Payzus has done deep research in the complexity of each defi products and its protocols. We are making sincere efforts to filter out what is unnecessary and redundant for users and provide the simplest, easy to use, all in one defi platform. Our main goal is to help decentralization reach the main adaptation.

Q3. As we know, every serious project always have their own roadmap. Could you please explain Payzus roadmap and also what phase is currently ongoing?

Mr. Raajessh Kashyap : Payzus has successfully conducted IEO on the world’s biggest exchange Latoken. Currently, Trading is LIVE On the Latoken Exchange.

PAYZUS Roadmap
Payzus Beta Version is now LIVE. Soon Governance Model + full version of defi will be live with power packed features

Q4. We are so curious about $PZS, could you please tell us about $PZS its total supply, its features, and where we can buy it ?

Mr. Raajessh Kashyap : Thank you for your interest in the Payzus project. Payzus Total tokens supply is 30,000,000 PZS.

Payzus is offering a forever changing technology that will empower millions to unlock the far-reaching benefits of crypto and Decentralized financial services. Its features include.

C.1 Fintech-

You are in control of your Keys and Assets All the Time.

Access to Advanced DEFI Analytics, Manage your portfolio, Swap Tokens, Lend or Borrow Assets, Get Insured, Automate your Portfolio and Trading Strategy, take out Flash Loans, access the tools to farm the high Yield, access to derivative markets, and access various other Popular DEFI protocols from a common Simple User Interface.

C.2 Ed-Tech-

Get Paid and Incentivize

For Teachers- Creating and Publishing high-quality Online educational courses

For Moderators – Curating and moderating the list of High Quality educational courses

For Students – For completing the courses.

C.3 Real Estate-

Do not have a lot of money to invest in real estate? Now access a portion of it or the amount you can afford via Fractional Tokenization.

Fractional Tokenization Tokenize your property and sell it intothe market of any desired fraction amount.

Q5. what is the Payzus (PZS) strategic plan to go forward ?

Mr. Raajessh Kashyap : We are happy to let you know that we are currently actively exploring the steps necessary to publicly associate ourselves with the project. We are fully aware that our community is very interested in the upcoming listings. We are going to list payzus on Top 10 Exchanges soon.

We are planning to penetrate the market with our Defi Product. We are looking for financial assets utilizers to create hype and a user market for Payzus.

SEGMENT 2 QUESTION FROM TWITTER

Q.1 Dari @arekadohlur

Building an ecosystem and stabilizing prices is the hardest part for any platform.  So, how will the Payzus team solve this problem to increase the sale of $ PZS tokens? And how will $ PZS be used in the ecosystem?

Mr. Raajessh Kashyap : A: We are planning to have two token model system. One the governance token (“PZS”) and other will be utility token(“OctaPay”).

Function  of “PZS” token will be:

1)To govern the system.Holders of “PZS” tokens will have voting power to vote on the future developments  decisions of the platform 2)Holders of “PZS” token ,if they hold and stake “PZS”,they will keep on minting “Octapay” ,which  they can use it to avail some of the premium services ,signals , datasets ,strategies  and consultations of Payzus Ecosystem.

Also,once we reach certain milestone ,in our network effect ,we will open “Octapay” to trade in the secondary market too,which will have
monetary value.

So ,to stablize the prices,we will  try to provide enough motivation and incentives via our two token model intelligen token model.

Q.2 From @Gem_devi

What are the benefits of Payzus and the reasons for the future mass adoption of Payzus? And What sets payzus apart from other DeFi offerings?

Mr. Raajessh Kashyap : You will get to use best of DEFI/features protocols from a single place,that too not only in the sector of Decentralized Finance,but we are on a
way/aim to expand it in Multidisciplinary Field of Education ,Real Estate ,Arts and Energy.

It will act as sort of Decentralized Bank in the field of Finance ,with every features and services you can imagine.Loan,Lend ,Exchange,Derivatives, Portfolio Managment ,Insurance ,Multi-Sigs Vaults…you name it.

And since we will be bringing multi-displinary fields ,which will be inter-connected with each other via intelligent token engineering,thus
this will increase “network effect” of of the Payzus, which will be its fuel to its mass adoptation.

One of the current roadblocks/problems to mass adoptation of blockchain technology is that
1) it is complicated for common non-techie to understand.
2) Plus as this market is un-regulated,there are lot of scams runnning around.
3) Plus every week lot new products are getting launched,which is quite overwhelming and confusing for lot many people and very hard to keep up with.
4) Plus currently as per my knowledge,there is not even a single product in the market which is interconnecting multi-displinary firlds.All are isolated , and not quite yet devloped or thought through yet

So ,Current crypto market is screaming for a products which solves this.We want to be one of those.

We imagine ,in near future ,everything will be tokenized,atleast we hope so,it should .

For example , Lets take Energy :  as upfront cost of Renewable/clean energy like Solar will get further reduced in near future , more & more  common people will start opting for
:  Solar installtion for their house,rather depended on single central Electricity Unit. In that way,more and more people will become
pro-sumers(one who both produce and consumes) ,which further increase the need to provide a technology for them that which can help them tokenize their un-used energy and sell it to thier neighbours for use. We are not saying we will build this technology/protocol from scratch (if needed ,we will) as their is already other blockchain protocols working in this direction like “power ledger” .

Our first priorty always will be to filter-out/tailor-out best blockchain technology availbe in the market and build on top of it.,that is to be a aggregator of multi-disciplinary fields.

In other words,sort of automated consultant .As in near future ,there will be lots number of Dapps,protocols will be in the market,as
it only going to further increase in number,it will become quite over-whemling for lot of users.
Out Job will be to sort things/filter out for our users,and only show them what is most useful .

Q.3 From @hunterid89

There are many Defi projects in the world today, what steps will Payzus take to compete with other projects?  And how does Payzus respond to the pishing whether Payzus has a very secure security system?

Mr. Raajessh Kashyap : A1.  I would like to frame your question  abit. Pardon me for that. We are not here to compete with other DEFI projects.
When you enter into the field of Decentralized technolgies buisness and think long term,you should rather not look for competition ,but
leverage.
So, when I see other DEFI projects in the market,I do not see as our competition,but rather how and what can I take leverage from them. In this way,we can grow toghther and faster.

Regarding  phishing , we will not store or avoid as much as we can to store sensitive information of our platform users.You will be
always in control of your funds and private key.
But if in few usescases, like in few services ,we might require,and if so,we will take responsibility of it if any issues happens.

Q.4 From @btcdump22

I have read on the website “what does it mean Why Payzus is a game changer?
and what goals did you achieve this year and what is your ecosystem participation for next year?

Mr. Raajessh Kashyap ; A.Regarding why it is game changer ,I think we have already answered it.Kindly look Q.2… answer.
Still again copy pasting it for your convience :
You will get to use best of DEFI/features protocols from a single place,that too not only in the sector of Decentralized Finance,but we are on a way/aim to expand it in Multidisciplinary Field of Education ,Real Estate ,Arts and Energy.

It will act as sort of Decentralized Bank in the field of Finance ,with every features and services you can imagine.Loan,Lend ,Exchange,Derivatives, Portfolio Managment ,Insurance ,Multi-Sigs Vaults…you name it.

And since we will be bringing multi-displinary fields ,which will be inter-connected with each other via intelligent token engineering,thus
this will increase “network effect” of of the Payzus, which will be its fuel to its mass adoptation.

We are  currently working on DEFI Segments.So far we have launched MVP  design of our platform at https://octopus.payzus.io/  with few basic features.

By coming March ,we aim to launch MVP of our DEFI Segment ,where user will have facility to “Lend, Borrow, Exchange Token, Automated Portfolio Management Service, Insurance, Dervative  and Prediction Markets.

After that we will move to Real Estate and start working on ED-Tech.We will keep you updated time to time.

Q.5 From @danilaja

What mechanisms / strategies will you use to keep your users motivated and present on your platform Payzus ? and what if i keep Payzus in long term?

Mr. Raajessh Kashyap : Our main strategies is to keep it as simple, user friendly  and useful as we can with elimating unnecessary complexities and sophsticaitons. With all the important features at once place,our platform will sort of act like automated consultant 24×7 in the field of decentralized finance. Also we are planning tokens rewards to use the platform utility.

The value of Payzus token will appreciate with time in long term,for the reasons:
1) It has fixed maximum supply
2) As we start integrating and expanding to multi-displinary field ,due to network effet,the demand and utility of the platform will increase.
And as maximum supply is fixed,and as demand will increase,its monetary value will increase
Also if you stake PZS token in your pool,you will receive (getting minted every hour or so) “Octapay” (PZS utility token) which you can use
in the platform premium services or in future we might open it in secondary market for trading!

SEGMENT 3 FREE ASKING

1.Does $PZS has a staking reward ?

Mr. Raajessh Kashyap : Yes, our Governance model will get live soon

2. Typically, investors buy tokens that are likely to increase in price in the future. I saw that, total supply of the token  is huge.
So, do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?

Mr. Raajessh Kashyap : In future governance model will help to maintain the price and stability too

3. What is the most ambitious goal of your project? I would appreciate it if you could share with us any Upcoming Updates?

Mr. Raajessh Kashyap : Payzus token and Platform both will keep users motivated and present on our platform for the long term.

Payzus token is a governance model. “PZS” is basically an ERC-20 token, which would be used to govern the Defi Platform in near future.
As a holder/owner of “PZS” tokens, you will have the following benefits/powers.
• To propose updates/solutions and decisions for the growth of Defi Platform.
• Vote on those proposals. Greater the amount of PZS token you hold, the more voting power you will have.
• Decide and Manage the issuance of PayZus Utility Tokens
• Stake “PZS” tokens to earn PZS-Utility Tokens

4. 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?

Mr. Raajessh Kashyap : Payzus mission is to tailor out the best technologies, innovations, and protocols brewing in the field of Decentralized Technologies and create a unique recipe out of it by abstracting away (removing) all its complexities and simplifying it with an easy user interface.

5. Is there any user’s guide on your platform for better understanding on how your projects works?

Mr. Raajessh Kashyap : Yes afcourse, you can visit octopus.payzus.io

AMA FINISHED

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