We just finished our AMA with Strains Finance
So here we will put the questions that you maybe want to know it’s answer :
Q1: Can you please introduce your selves and your project to the community ?
Hello My name is Ben and I’m the founder of Strains.Finance. We are a New crypto that is designed to track all of the details about CBD and provide that information to the customer.
My name is Bright and I am the project communications manager.
Q2: Can you kindly introduce your project to community ?
Strains is a deflationary crypto currency that has real utility. We have created a smart NFT that is used to track all of the information about CBD such as how it was grown and how it was processed provide it you the customers so try can be sure they are purchasing an organic product. The token would serve as the ecosystem governance token to help investors who are not direct players in the Canning and CBD industry invest in the largely growing industry.
Q3: Please tell us the biggest milestone you have ever achieved and also your future milestone?
Our biggest milestone we have achieve was gaining trust from our investors. We are a new team and we know there are a lot of bad players in the crypto space. We are happy that so many people trust our project and believe in Strains. Our future milestone is to deliver a high quality product that really solve a problem in the CBD community. Strains is planning to be here for many years to come.
Q4: Please give us a sneak peak of your Roadmap?
We are currently running a presale right now at link but are going live on Pancake swap on April 20th. Our next milestone is to roll our our Smart NFT in Q3. We are already working with smaller CBD companies and are beta testing that now. We have also been invited to join the largest CBD legal board in the United States which will allow us to connect with the largest CBD companies in the United States.
We are also excited to announce that we will be doing another burn and reward for token holder on April 20th we have don this to encourage users to hold their tokens to be rewarded without the need to join a stake pool.
Q5: It’s quite unfortunate that many projects have infiltrated the market with just white papers without having any genuine use cases. What are the main utilities of your project?
I totally agree, when I first had the idea for Strain the first thing I thought about was making sure it has real utility. Although the value matters, our main focus is making sure we create a great product that will fix a lingering issue in the CBD community.
The NFTs minted for the CBD processing companies would serve as a stamp of authentication for the products as consumers can see the full taxonomy and every ingredients presents in the product they are buying. From the strain of the Cannabis, the farm it was planted and other information.
Our main utility is being the main solution for tracking details about CBD and providing clarity to the customer. As of now users do not know some of the important details about a the CBD they are consuming. We want to change that and have an easy way to know all the details about CBD.
Q6: What are the key milestones on your roadmap - both things you have already achieved and things that we can look forward to? Any partnerships & short/long term technical milestones that you want to talk about or bring some attention to?
Our key milestone are Laughing on Pancake Swap on the 20th of this month. Then our next milestone was set for Q3 to launch staking however we have pushed that to the 20th also and have developed a creative solution for all user to be able to stake just by keeping their coins in their wallet. This will prevent you from having to deal with impermanent lost by using a stake pool. Out next milestone is the Beta release of our Smart NFT that will track all the details about any specific strain of CBD from any company.
Q7: It seems that building partnerships is very important for Strains Finance , so now, does Strains Finance have any strategic partners and which plans to build relationships in the future?
Yea, creating partnerships is very important to us. We have been invited to join the largest CBD association in the United state which will allow us to partner with many of the largest CBD companies.
Presently Strains Finance is partnership with small and large scale CBD processing companies. We are also in partnership with HEMP Roundtable the organisation in charge of the Cannabis legislation in US. They are in love with our innovative solution and want us on board to help move the industry forward. Most of our strategic partners are thr main industry guys and we would be introducing them to the Crypto space in the coming weeks.
Q8: What’s your vision ultimately? What is project trying to achieve in the longer term and how do you plan to get there? How will your ultimate vision and mission make a difference in the world?
Our long term goal is to become a trusted name in the CBD industry and to be know for providing quality information about all CBD products. Our vision will make a huge difference in the world by providing a clear understanding of what you are consuming. Just like you want to make sure there is nothing toxic in your water or your food, there should also be the same level of care for CBD.
Q9: Marketing is a main element for every project, so that everyone know the potential that a project can bring is vital to achieve the goals set. What is your stratagem to attract new users and investors to your project and keep them long term?
Great question, when working with crypto you can’t advertise on some of the major platforms like Facebook or Twitter. However we have been working on joint large crypto groups like Crypto Lovers and other to get the word out about Strains. We are really appreciative to communities like this because it allow us to speak with people in the crypto industry about our project and explain to them our use case. We are also working with some of the larger crypto blogs and are planning on running an editorial piece about Strains and explaining what we are working to accomplish.
Q10: SFN will be used to mint NFT's but what will happen to the tokens after minting?
The Smart NFTs we will be minting are for the CBD supply chain tracking and will not efficient the supply of SFN. We did this because we will be creating a lot of NFTs for many companies and did not want it to unpack the Tokenomics to much.
Q11: Most of the activities and platforms are in English. How will you reach non-English speaking local communities? Do you have any plan to conduct Ambassador Program?
The crypto space is a very diverse space and we would love to reach and include as many regions and community as possible. This is evident by our move to come conduct an AMA at @cryptolovers to include the Arabic community.
One way of achieving this would be through the ambassador program which the team would implement after the listing to help reach a more diverse and wide audience. Stay tuned and watch the space
Q12: Too many projects promise magic but never release any working product or prove any revenue, Within a short/long time of release. Is it like this? If not can u tell us, What makes it different from other projects?
I agree, we are a team of solutions developers first. Before we even thought about the monetary value of SFN we focus on fixing a real world problem. We know that once we have an elegant solution to that problem then it would ensure a long term existence of Strain and the value would follow.
Q13: Why the listing price is lower than the presale price? Presale price will be 0.002 as mentioned on the website.
The presale price increases daily at a rate of 0.0005BNB(today’s price 0.0095BNB)with the final listing price set at 0.02BNB. Liquidity has not been added to pancakeswap yet and as such investors are advised to only purchase through the official website .
Q14: Many projects only talk about their strengths. Can you tell us honestly about the weaknesses of your project? And how does your project address this weakness?
I love this question, many projects do not like to talk about their weaknesses. However we like to be open and honest about everything we do. I main weakness is that we are a new crypto project and we have to build trust. I was a crypto investor way before I decided to create a crypto and I know the one thing I was always looking for was transparency and honesty. We are addressing this by coming to do AMA like this one and being available and opening about our process. We are building a solid project and a team of happy investors as well.