🔥RECAP AMA EPID COMMUNITY x ETHANOL
EPID is Hosting an AMA with Ethanol.
🕖AMA Timing : 19th January 2 PM (UTC +0) | 9 PM (GMT +7)
🏚Venue For AMA: @EPID_Community
💰Reward Pool : 50 USDT
➡️Segment 1: Project Introduction
Q1: Can you give a brief introduction of what ethanol is？What is it aiming to do, and what it intends to solve in this industry?
Ethanol is the first ever token to give you cash back rewards on the ETH gas fees you spend, just for holding the token in your wallet. ETH gas can turn uniswap trading, Farming, NFT creation and many other amazing opportunities into a burden due to high TX costs. ENOL is proud to say we have already issued just under $350,000 in cash back rewards to our users!
Q2: Can you share some of your background and experience? How did you know and get involved in cryptocurrency? What made you decide to found ethanol?
For many years I was in upper management and an executive for a billion dollar retail company here in the USA. This taught me much about business and consumer habits. In 2016 I stumbled upon Crypto from a couple of friends and saw that it was right in line with how consumers were changing their habits. I knew crypto would take off and was excited to find it so early on. Most recently I spoke with the fellow team members about creating a project that could revolutionize the crypto space. We thought about the largest problems people in the crypto space face and ETH gas fees kept coming up. Once we realized that was the problem we wanted to solve we got hard at work developing the solution, which is Ethanol
Q3: Currently, there are many scam projects that cause investors to lose. So, Why we should choose and trust ethanol?
Scams are obviously one of the largest problems in the crypto space. This is why we chose to lock 95% of our ETH raised in liquidity, have our contracts audited and also put public faces on the team. As I mentioned I am based in the USA, a public figure and have far too much to lose by being part of a scam project :). Our community members that have been with us from the start have grown to know us on a more personal level and see that we are here to stay and make ENOL on of the most used platforms in the crypto space.
There will always be risk in every investment, including crypto but we do everything we can to show our genuine intent and continue to bring advancements to the project. Ethanol helps solve one of the largest problems in the crypto space and we will continue to do so for a very long time
Q4: Can you tell me more and everyone here about Get Cash Back rewards on Eth gas fees?
This is obviously the most exciting topic! Eth gas fees can get very expensive, uniswap trades can often cost $50+ and complex contract interaction can cost hundreds of dollars per transaction. We are proud to offer multiple tiers so users of all levels can take advantage of the platform. We have a reward pool set aside to pay for these, in addition there is a 4% Tax on buys and 10% Tax on withdrawing the cashback rewards which continue to feed the reward pool and keep the project sustainable. As metnioned earlier we have been providing cash back now for nearly 2 months and have paid just about $350,000 worth of cash back rewards. The current tiers are as follows:
Q5: What is a mission of project?
Our mission is to solve the largest problem in Crypto and Defi’s most commonly used platform. ETH gas fees can turn profitable trades into a loss, Eth gas Fees can make claiming staking or farming rewards impossible and ETH gas fees can stop some of the greatest NFT developers from providing the world with their Art. We are on a mission to to fix that problem and turn your loss from eth gas into potential gains by paying cashback rewards in ENOL token. Since ENOL token has a very limited supply and does not mint additional tokens you will not only receive cash back rewards but those rewards can quickly increase in value as adoption of the platform continues to grow. Just today we are sitting at our new ATH and with additional marketing on the way, there has never been a better time to join Ethanol
➡️Segment 2: Free asking
Q1: @Calebkure Have you being audited ?
Have not heard you talk about that security of funds is what every investor craves for and plans to escape incase of insecurity if funds,scams and rug pulls
How strongly built are your security put in place?
A: Yes the contracts have been audited and the audit reports can be viewed at https://www.ethanoltoken.com/audit.pdf We take the safety of funds extremely serious and house the majority of the funds in offline wallets for additional security.
Q2: @noivcu Too many projects promise magic but never release any working product or prove any revenue, Within a short/long time of release. Is your project also like this? If not can u tell us, What makes your project different from other projects?
A: This is 100% accurate. Luckily Ethanol has had a working product for nearly 2 months, has paid out nearly $350,000 in cashback rewards to our users and continue to launch additional products like our Vault promotion that we had this week. We will continue t o develop new features along the way to provide our users with even more use cases for this token.
Q3: @chaiuzbui What are the plans to educate and raise awareness and adoption among the community to make more people understand about the project easily?
A: We will be conducting multiple AMAs, such as this one in addition to working with many crypt personalities. Luckily I have many contacts being one myself so I have access to multiple platforms including twitter, YouTube, podcasts and more! We will get the word out and when people hear about and use or platform word of mouth will also be a large part of our growth. In fact all users can create a referral link at ethanoltoken.com/app2/refer and earn 10% commission on all the cashback rewards from anyone they refer to the platform!
Q4: @jsgivj How can different platforms benefit from connecting to your Ethanol ?
A: We have already announced multiple partnerships with other projects and will continue to do so. By partnering with Ethanol projects can not only help their users save on ETH gas fees but by utilizing and promoting their personalized link, can also create a revenue stream that they can use for buybacks, marketing, development or whatever the project needs.
Thank you for the support and enthusiastic participation of the community!
EPID NewS: https://t.me/EPID_NewS