Astar x Algem x Grabber - AMA✨

Recorded: Dec. 6, 2022 Duration: 1:00:00
Space Recording

Full Transcription

Yeah, great.
Thank you so much.
And you can find more information about Algem through our D app portal as well.
We have a banner there showcasing the liquidity aspects and the tool that Algem is bringing
into the ecosystem.
going through what it consists of,
what the user will have to be doing
so they can better understand.
And as well, Aljam,
I would love to hear from your perspective,
being a customer and client of Grabber
and using their tools later on afterwards,
maybe we could hear more about Aljam,
how it grew and why they're using the tool
and the results from it.
How does that sound?
Sounds like a great thing.
Great, awesome.
Thank you so much.
And for our listeners,
this space is being recorded
so you can listen back to it as well.
We'll be giving more information out
after the space about our campaign using Grabber
and how we're rewarding our users.
Okay, so Grabber,
tell us about the scoring system.
We know you distribute tokens
among the most active and loyal users.
Can you tell us about how you score them
and how we rank these users
to give them,
to decide on how we're giving them
and how much we're giving them?
Well, I can give you an idea about that, Rams.
So basically, scoring is what we base
our approach to user selection on,
how it works.
We analyze the on-chain activity of users
in EVM networks
by tracking the open data
of their wallets.
Next, we draw conclusions
about which of these users
are most suitable for the project
based on the long-term goals
of building a strong community
that will provide on-chain activity.
The most highly scored users
get more tokens of the projects.
But the best thing is that
flippers get nothing,
which in turn means that
token does not drop any time soon.
For example, talking about Algem,
we can make a hypothesis
that a good user for Algem
is, for example,
a good user of LIDA.
This is people who are already familiar
with liquid staking.
They understand how it works.
They understand how they can earn some money.
So this is basically
one of the credentials we can use
in the way when we actually
can distribute tokens for Algem.
So you just mentioned
that flippers get nothing.
So all you airdrop hunters out there,
I'm sorry,
but this campaign will not benefit you much.
Unless you have been actively using
some of the tools on Astar,
like the app staking.
But either way,
thanks for that little info.
Yeah, we will share some results
maybe during this session.
But honestly,
a majority of people
who participated in the event,
they will get nothing, unfortunately.
So this is very refreshing to hear,
Grabber team,
because I think we all know
we might have ourselves
participated in these airdrop hunts.
But this one is truly for
these users with,
who have been active and loyal.
So moving on.
So Grabber,
the main task.
Just one thing.
From this,
like thousands of people,
it was a lot of emails,
which had like airdrop 186
at gmail.com,
and et cetera.
It was a really,
really mass amount of people
who didn't even try to hide
what they're doing here.
This space is shameless.
Yeah, definitely.
They will be really clear
about what they want.
So it's good news
for those who are true
to the dedication
to using a blockchain in general.
So this is great news in general.
Tell us a little bit more
about the main task of Grabber.
We know you're not just
one blockchain base.
You're spreading this tool around.
Tell us a little bit more about that.
So basically,
the main task of our project
is not only the distribution
of tokens among the best
and most promising members
of the community.
It's an important task
for Grabber
is to protect the project
and the community
from avalanche of flipping.
This is especially important
on the beer market
slices to vent
a huge damage
to the projects
if we took
just a few
days to collapse
announced that
he's selling the token.
This is how it works
on a large scale.
Someone decides
to dump the token,
other follows,
the platform dies.
we're here
delicate balance,
I would say.
we try to make
and holders,
who understand
the value,
the utility
of the token,
the tokenomics,
so they really
understand
the economic
in the market
with a special company
so they can
make a wise decision.
That sounds perfect.
What's interesting
to me about this
is the case study
I think we all
if we were here
in that era
when they first launched
and people were
for the first time,
Dex to Dex.
people were
airdropped
about a year
and a half,
two years later,
we could see
and analyze
how many of those
users actually
held on to those
and to my surprise,
it was less than
And that just
goes to show you
just because you
a protocol
the requirements
were very low
in general.
The threshold
able to flip
or turn the profit
and then leave
or not leave
necessarily
but we assume
that they're not
participating in the
governance
which that token
is used for.
now we have
a tool like Grabber
that is measuring
the loyalty
or the activity
of a certain person
and it's not to say
that they won't
flip the tokens
but there's less chance
of that happening
especially if you're
a dedicated user
of a certain protocol.
just an interesting
tidbit that I wanted
to inform our users
It's also interesting
that I would say
talking honestly
that if we are
talking about
how the airdrops
are being distributed
if we're going to
three years
the best way
your airdrop tokens
is to sell them
after one week
of the airdrop.
The whole strategy
does not work well
the same as selling
at the same day
but this is
the problem
of the current
airdrop model
it's not that
people receive it
as a security
and they just
get rid of
as soon as possible
they don't want to
use the tokens
as a utility
it's a completely
different usage
I would say
for example
a lot of people
in the room
here remember
for example
you remember
projects with
I would say
and bounty campaign
in Ethereum
last November
so basically
it's lending
nothing really
from technical
people received
quite good
I would say
like at least
per wallet
the utility
of the token
is actually
if you want
to basically
for example
there is a
some money
some money
they don't
understand
the papers
the financial
the utility
who actually
finish the
the market
searched up
finch and I
the utility
and actually
communities
agree with
the system
be changed
think this
grabber tool
be propagating
that change
a little bit
about what
grabber is
the market
besides the
points that
brought up
first thing
categories
true builders
dream users
and holders
of inactive
these users
start dumping
the projects
quite quickly
causing the
token price
and discourage
other users
an avalanche
pulling the
incentivizing
attracting
interested
the project
participating
our launch
allocation
or something
so basically
these tokens
understanding
in a couple
I realized
characters
understanding
afterwards
understanding
understand
demographic
because you
blockchains
that users
blockchain
respective
information
blockchains
afterwards
extrapolate
information
blockchains
distribution
respective
blockchain
compatible
blockchains
specifically
distribute
distribute
distributed
specifically
summarizing
information
encouraging
experiment
distributed
monetization
distributed
transaction
connecting
validating
blockchain
commission
completely
negotiations
information
remarkable
we discussed
registrations
transactions
remarkable
remarkable
congratulations
initiative
information
initiative
personally
registrations
registration
registering
algorithms
particular
the higher
your chance
of getting
for example
full-fledged
professional
professionality
and richer
commission
connecting
especially
onboarding
attracting
personally
transactions
considered
blockchain
the chances
are higher
experience
to register
and Grabber
the Algium
start using
the product
being active
and that's
a good way
to increase
your chances
run through
the wallet
us a little
your wallet
if something
interesting
current event
your tokens
new events
be interesting
the market
interesting
blockchain
hop around
ecosystems
looking to
maybe this
would interest
staying in
communication
and receiving
that information
encouraged
the choice
a platform
participate
guarantees
transaction
transactions
completely
describing
step-by-step
transactions
connecting
registration
registration
registration
credentials
confidential
registering
definitely
congratulations
everything
distribution
interesting
collaboration
in general
personally
distributed
proportionate
distributed
distribute
bull market
distribution
especially
accurately
understand
is looking
distribution
distributed
auditorium
constantly
and pulled
definitely
pinpointing
integrated
pinpointing
little bit
personally
they decided
collaborate
originally
Powerchain
they wanted
philosophy
blockchain
blockchain
unconnected
multi-chain
functionality
decentralized
application
to connect
everything
decentralized
innovation
innovative
contribute
entrepreneurs
absolutely
experience
remarkable
collaboration
tokenomics
and discover
innovative
distribution
to receive
real benefits
strategies
distribute
activities
collaborating
concerning
interesting
participants
impression
excitement
especially
technology
ecosystems
blockchains
incentivizing
activities
initiatives
aspirations
blockchain
blockchains
are getting
information
distributed
dApps that
you're staked
500 tokens
they'll be
and this is
we're gonna
see and learn
we're gonna
analyze as
and hopefully
encourage other
see the benefits
we're gonna
how effective
that's the
supply the
themselves
to continue
and marketing
and bringing
through their
this feeding
sustainability
choosing to
and hopefully
to participate
and register
information
more campaigns
and hopefully
attract new
so anything
could tell
I would say
this hopefully
cooperation
only thing
next season
it's gonna
about like
everybody's
talking about
next season
is gonna be
about power
so Grabber
here is to
right people
the people
who actually
bringing value
helping builders
helping the
these power
users I would
track these
that they're
really doing
only motivation
is to help
the ecosystem
like guards
well thank you
for grabbing
our ecosystem
we're excited
we're gonna
start this
immediately
for all our
please check
out Grabber
it's already
I think it's
go register
we'll share
details in
our graphic
correct me
another 10
the registration
talk about
to register
your wallet
the wallets
the scoring
and choose
and Grabber
up to date
with these
things they're
recently is
their NFTs
interesting
appreciated
of community
and that's
and they're
they're going
and collaborating
the blockchain
and follow
interested
Dappstaking
the Dappstaking
super easy
the Dappstaking
significant
difference
of funding
the projects
you really
you prefer
the portal
to support
super easy
to transfer
to another
the project
concerning
the Grabber
a wonderful
collaborations
the scoring
and finish
the rewards
to everyone
really great
invite all
the listeners
keep an eye
on Grabber
other projects
in the pipeline
make sure to
keep an eye
if there's
any questions
to put them
underneath
that Grabber
whoever the
directed to
just because
we're running
our audience
anything else
go register
go register
the campaign
already started
go register
choose Astar
Astar event
and take a
part in it
conversation
really cool
the opportunity
expect that
gonna beat
sorry guys
we'll make
for tuning