EPID Community
9 min readFeb 23, 2023

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RECAP AMA EPID COMMUNITY X CAMELCOIN

🗓 Date: 22th February 2 PM UTC | 9 PM (GMT +7)
🏚Venue For AMA: @EPID_Community
💰Reward Pool: 100$

➡️Part 1: Project Introduction.
Q1: Can you briefly introduce what Camelcoin is? What is its goal and what is it intended to do in this industry?
A:
Camelcoin, a revolutionary cryptocurrency, changes the way we view camels and gives people in remote areas access to fair trade and support for these resilient animals. At the heart of Camelcoin lies a cryptocurrency aimed at promoting, advocating for, and supporting camel activities worldwide. Its platform provides access to fair trade and financial support to isolated areas with access to camels, giving them a unique opportunity to be part of the larger global economy.

The Hump:

In addition to supporting camel activities worldwide, Camelcoin also offers a mobile cryptocurrency wallet application called "The Hump". This application enables live NFT mining. Users can generate and hold their own NFTs related to camel activities.

Camelzone:

In parallel, Camelcoin also offers a decentralized e-commerce platform called "Camelzone". This platform enables global fair trade and profit distribution among users. Products related to camels, from pastureland to shoes, can benefit from fair trade, regardless of their distance from their farms.

Mission:

The mission of Camelcoin is to promote camel activities worldwide and provide access to the fair trade economy and benefits of global markets to isolated areas. The team behind this project is committed to working with animal protection organizations, farmers, conservators, and other stakeholders to ensure that fair trade of camels is as effective and beneficial as possible.

Protection and conservation:

Camelcoin also helps protect and conserve camels in isolated areas. The team is committed to identifying and implementing projects to improve the welfare of these animals and their habitats. This cryptocurrency is a powerful tool that can open doors to isolated areas, ensuring that their hardworking camels can continue to benefit from fair trade and the global market.

Conclusion:

Camelcoin revolutionizes the traditional approach to camels and successfully brings fair trade economy to remote areas. Join us in our mission to support camels and their habitats and ensure a brighter future for the global camel industry.

Question 2: How did you know and get into crypto? What made you/your team decide to start Camelcoin??
A:
i get into crypto around 8 years ago because i am always interessed in new technology that can bring revolution to humanity. Blockchain is certainly one of them and cryptocurrency is the tool to use it. With my team we thought that creating a full ecosystem to sustain a specific ecnonmy and give it it's own money would be a great idea. Several domains already did it especially real estate! So why not camels while the camel business worth more than 10 billions $! So tokenising the market to get rid of big distribution and allow small producers to have access to worldwide economy was a good idea, and we are doing it! Actually the ecosystem we are devlopping now is specific to the camel market, but then it will be available and open to many other market who wants to create their own economy and cooperaztive trustable system; what would give camelcoin a strong value.

Q3: Currently, there are many scam projects that make investors lose their money. So, Why should we choose and trust Camelcoin?
A:
First of all, we are a 2 years old project and still here and solid. Camelcoin is different from many other cryptocurrency projects because it is focused on advocating for and supporting camel activities worldwide. The team behind this project is committed to working with animal protection organizations, farmers, conservators, and other stakeholders to ensure that fair trade of camels is as effective and beneficial as possible. In addition, Camelcoin also helps protect and conserve camels in isolated areas, and provides its users with access to fair trade and profit distribution through its mobile cryptocurrency wallet and decentralized e-commerce platform. Furthermore, the team is committed to identifying and implementing projects to improve the welfare of these animals and their habitats. These aspects together make Camelcoin a trustworthy cryptocurrency project that will benefit its users as well as the global camel industry.

➡️Part 2: Question From Twitter (5 best questions).
Q1: @MysticalAirdrop
A common problem is that nowadays most investors are only interested in initial profits and ignore long-term benefits! So can you give them some reasons why they should buy and hold Camelcoin's tokens in the long run?
A:
Investing in Camelcoin's tokens provides long-term benefits that are beneficial for both the investor and the global camel industry. First, Camelcoin's tokens are backed by the value of the global camel industry, and as the industry continues to grow, so will the value of the tokens. Additionally, tokens can also be used to purchase products related to camel activities on the Camelzone platform, allowing investors to both support the global camel industry while also earning a profit. Finally, investing in Camelcoin tokens helps promote camel activities worldwide, which helps protect and conserve camels in isolated areas. Investing in Camelcoin is beneficial for all involved, so we urge investors to buy and hold Camelcoin tokens in the long run.

Q2: @StepNNN0N
How will you convince us that the initiative you are proposing is permanent? Does CamelCoin have enough finance and a solid team to keep growing?
A:
We have a dedicated team of passionate and experienced individuals working to ensure that the initiative we are proposing is a success. We are backed by several investors, have a solid business plan, and have successfully secured several lucrative partnerships. CamelCoin also has a strong financial foundation to support its growth and ongoing initiatives. We are committed to continuing our mission to promote camel activities worldwide and provide access to the global economy to isolated areas.

Q3: @BarcaFCM5650
Can you please tell me a little bit more about the team and some of their background? I have seen many projects where team members were inexperienced and some of them didn't go well because of the mistake wrong
A:
Our team is not just people but also trustable companies in different domains. I am the director of CML Global which is a reliable company for web 3.0 in morocco, the technical development is made by Lucas and Bryan with digital Unicorn a well known development company in Vietnam, Alex is running Enoch wihch is a reliable crypto company in Abu Dhabi.... And also our partnerships with dromacity, isocard and woldwide official camel federation. All of us are verified and trusted people and companies worldwide and you can find and verify every information about us.

Q4: @LeeRodrigo_1998
Can you explain how Camelcoin's Tokenomics is distributed? How many tokens will be minted? And how many tokens will be locked by the pool?
A:
Zhile being a token on Cardano, we have some specificities. The tokenomic is going like this 50% to projects funding, 15% to security reserve, 7% to the team and partners, 5% to marketing and 3% to legal works. 20% is going to the technical improvement and development.

we actually already minted 40 millions camelcoins (CML) and the max total supply will be 170 Millions

We count on the Hump app for locking the pools while it is necessary to lock CML to have access to NFT minting

Q5: @TrendellMarger4
Security comes first in all old and new projects, attacks happen frequently and even with the most famous blockchains, how does Camelcoin prevent this from happening?
A:
Camelcoin takes security measures to ensure that transactions are secure and transactions are kept confidential. To prevent malicious attacks and breaches, Camelcoin uses advanced cryptographic protocols, such as elliptic-curve cryptography, secure multiparty computation, and zk-SNARKs. Additionally, Camelcoin is constantly monitored and audited by security experts, who ensure that all code is up-to-date and functional. The Camelcoin network also uses trusted nodes and masternodes to ensure that transactions remain secure, anonymous, and decentralized. Finally, Camelcoin is built on Cardano blockchain, which is considered to be the most secure blockchain available with plutus langage.

➡️Part 3: Free asking (5 best questions)

Q1: @stokesinman
I want to support your project, Tell us more about the Ambassador Program and in what ways can we participate ?
A:
The Ambassador Program is an integral part of Camelcoin's mission. We are looking for individuals and organizations to spread the word about our project, connect us with producers and consumers, and provide insight into camel economy, culture, and protection. We are looking for people who can help us promote the project on social media and events, and who can provide insight into the local camel industry in their regions.

By participating in the Ambassador Program, you can help us spread the word about Camelcoin, connect us with producers and consumers, and provide insight into the local camel industry. You will also have the opportunity to be a part of the global movement to support camel activities worldwide and access the fair trade economy.

We are looking for passionate individuals who are committed to our mission and who have knowledge and experience in the camel industry. We welcome any and all ideas and suggestions that can help us improve our project and reach our goals.

you can buy camelcoin now on www.xt.com/tradepro/cml_usdt

Q2: @Vanessa_keefe_21
Revenue is an important aspect for all projects to survive and maintain the project/company. How have you been able to build a complete project and what is the way to generate profit/revenue of the token? What is the income model?
A:
Camelcoin has multiple revenue streams in order to sustain the project and generate profit. The primary source of income is through mining rewards, which are earned on the Camelcoin blockchain. Additionally, Camelcoin is designed to facilitate direct payments between buyers and sellers, which allows merchants to accept payments in the form of Camelcoin. Another source of income comes from the Camelzone platform, which provides a decentralized e-commerce platform for the global trade of camel products. Finally, Camelcoin also offers a mobile cryptocurrency wallet application called "The Hump" which enables users to generate and hold their own NFTs related to camel activities. These NFTs can be sold for a profit, generating an additional source of income for Camelcoin.
buy camelcoin on www.xt.com/tradepro/cml_usdt

Q3: @ms_khan12
Are you afraid that some day another project with more innovative technology might replace your project?
A:
No, we are confident that our project is unique and offers a valuable service to the camel industry. We are committed to continuously improving our platform and we are confident that we can stay ahead of the competition by continuing to innovate and develop new technology to better serve our users.

buy camelcoin (CML) on www.xt.com/tradepro/cml_usdt

Q4: @Carlie_loy_26
Security and anonymity are always prioritized by BlockChain projects in the development of project platforms and technologies. So, does you have any technological solutions or plans to enhance user trust in these issues?
A:
Yes, we do take security and anonymity very seriously when developing our platform and technologies. We utilize advanced encryption techniques to ensure the safety and privacy of all users' data. We also have plans in place to further enhance user trust through the use of innovative blockchain technologies such as zero-knowledge proofs, Schnorr signatures, and multisig transactions. We are also looking into other innovative solutions such as sidechains and off-chain transactions. All of these measures will ensure that our users can trust Camelcoin with their data and trade in a secure and private environment.

Q5: @BlackPasa3
On the website, #CamelCoin states that camels ressources will not be over exploited and the incomes will be straight to the breeders. How can one be satisfied that there is no over exploitation? Breeders are from which part of the world? How there standard of living …
A:
To ensure that there is no over exploitation of camel resources, CamelCoin has established strict policies and procedures that must be followed by all breeders and suppliers. Breeders come from all parts of the world, including Africa, Asia, the Middle East, and Europe. To ensure that camel breeders are treated fairly and their standards of living are upheld, CamelCoin works with local animal protection organizations, farmers, conservators, and other stakeholders to ensure that fair trade practices are in place. Additionally, CamelCoin is also committed to providing financial support and resources to isolated regions, so that breeders can benefit from the global economy.

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