In today’s episode of our AMA recap, Advar Protocol was featured in an AMA with Crypto Clash Community on the 8th October, 2021 at 2:00 PM UTC lead by our Founder and other team members. The AMA was divided into three segments: Segment One -the host asked dev questions about the project; Segment Two -dev answers questions from twitter and Segment Three -live questions from telegram members. This is a summary of what ensued.
Clayford: Hi! Let’s roar!
Frostbite: Let’s go 🚀. At the beginning of the session would you like to introduce yourself?
Clayford: Sure. I am Clayford the CEO of ADVAR protocol. The face of it and the lead developer as well .
Frostbite: Glad to know about you
Clayford: Thanks 😊
Frostbite: Could you describe your project to us “ Advar Protocol “. What is your project about and how can we see it in action?
Clayford: Advanced Research Protocol is an innovative ecosystem of decentralized finance tools and applications. The Advar ecosystem aims to maximize security for crypto investors. We are excited to welcome you to this community.
Clayford: Who are we? Crypto has become a hub for scammers and looters and ADVAR Protocol is here to fix that. Our initial project will be the ADVAR Rug Scanner. The innovative scanner will give investors information about tokens they’re about to invest in. This will make them know whether it’s a rug pull, honeypot or a legit token.
Frostbite: Yeah that’s true unfortunately
Clayford: We have already released a beta version of our contract scanner already making waves and doing a lot of work. That is how serious we are .
Frostbite: Can you please tell us which problems do you see in our current life styles and how can Advar Protocol solve them?
Clayford: Well nice question. We have seen a lot of problems. First we have seen how people are losing a lot of money to scams , especially honeypots and rug pulls . A lot of dodgy devs scamming people off. Well, we are developing comprehensive tools. We are not only working on a scanner , yes it is true we are working on a comprehensive multichain contract scanner to detect any theft and misappropriate contracts aimed at stealing investors money
We are also working on a launchpad. This launchpad is aimed at launching projects that are well vetted by our team.
We will also dive into audits later. With us you will find enough security. If you believe in the future of contract security kindly join us now
Frostbite: Wow that’s a lot, you’re working on most of the known issues on crypto nowadays especially the rugpull / honeypots scanner
Frostbite: What are the main features that distinguish Advar Protocol from its competitors?
Clayford: Good. Our contract scanner is very unique even with the beta version. It analyzes a lot of the codes in the contract. The following are some of the functions it performs now
- total supply -decimals
- bnb in liquidity
- tokens in liquidity
- tokens outside liquidity
- token price
- marketcap/price impact
- rug pull impact
- total holders count
- transaction last hours
- check verified contract
- custom-anti honeypot checks if contract is verified
- honeyscan on-chain
- custom transaction that buy, approve and sell in less then 0.5 sec
- buy gas fee
- sell gas fee
- buy tax
- sell tax
- report any error about custom transaction
- minting functions
- Better detection of late honeypot functions (a lot)
- Bot now detect if the owner can lock the trades
- better detect for new rebase models
- added dogecola, guh & gravitoken model detection
This is a beta version we have released for free. We are working on a multichain contract scanner. That makes it so unique. In addition we are creating dapps , with NFT marketplace. Artist can design and mint NFTs. You just have to upload it to our dapps . You can sell your minted NFTs there. You can only buy nfts with our native token ADVAR . We are also working on token creation platform where you can just go there and follow the simple User interface instructions to create your own tokens .
Frostbite: What is the role of token in your ecosystem? Could you tell us a bit about the tokenomics of your project?
Clayford: Good it has a lot of use cases. What we have already done is enough reasons as to why people should buy into our project. First of all, you will need to hold some ADVAR tokens in order to use the multichain contract scanner we are creating.
Secondly, you will need to hold ADVAR tokens in order to be able to mint or buy NFTs on our dapps.
Again , because we are working on a launchpad we will give holders of ADVAR the first opportunity to buy into projects before anyone else does . That means they will have assess to presales and private sales of tokens we will launch on our launchpad. There are a lot of use cases we are still developing. We are always evolving with new ideas and we at ADVAR are already bullish about what we are doing . We just can’t wait.
Frostbite: Can you please provide some progress on your Roadmap and what results Advar Protocol has achieved so far? And any sneak peek into 2022 plans for Advar Protocol ?
Clayford: We will have the beta of ADVAR swap before the launch on pancakeswap. That is close . Going forward we will have the beta version of all our utilities develop before the end of this year . We have put measures in place . We have 2 full time developers working for us . We are recruiting more as we speak .
QUESTIONS FROM TWITTER
Q1: It’s great to know that you guys have come forward to maximize security and rid investors of Scam in Crypto. Can you please explain how you guys making it possible? How Advar Rug scanner will work?
Clayford: It works even at beta level . You can’t find three scans better than our beta one . Everyone using it can testify. There are a lot of testimonies coming from places . As we speak now our scanner can detect mint functions. It can detect late rugpull calls . We feel that sooner or later all the BSC space will come to trust us at ADVAR . ADVAR is greater than me . It is a force that is coming. We are working on a lot and I can’t wait anymore.
Q2: How will the demand for token will increase in the future ? or What steps would you take to increase the demand? May I know how do you plan to attract more business partnerships to your project?
Clayford: Marketing is one core value we have . Those in charge of the team know exposure and marketing works and they will do their best. We will do effective marketing. We will make sure we get traction from everywhere. We are a force that can’t be stopped now.
Q3: Many projects on a daily basis promise great utilities and functionalities, but they end up throwing the carpet days after the presale, how do we really know that your project ADVAR Protocol will not throw the carpet? What guarantee do investors have?
Clayford: This is why we released the beta version of our contract scanner even before launching. No one does that. Like I said, we will get the swap ready or almost ready. I mean the beta version before launching.
Q4. I didn’t see much project working on problem that you are working on now. What really MOTIVATED you to bring such a great PROJECT into existence? And what is your mission and vision of your project?
Clayford: Good question. We have suffered a lot . These scammers just wake up , come out and fork contracts, they put codes within which is not visible with our eyes. We just want to make money, we buy in and we are rugged or we get into honey pot . This must not continue so we decided to come out with this. We planned this months ago . We are well motivated and nothing human is stopping us. We want to end scams. We want to make sure everyone can invest freely without fear. Later on, we will go hunting and exposing scam developers.
Frostbite: Yeah someone should seriously work against them. This is great initiative by your team.
Q5. From your website I came to know that your initial project will be the ADVAR Rug Scanner which will help many people from scam. Can you also give a sneak peek of what else coming next?
Clayford: Yes. They should expect the ADVAR swap and the NFT market place soon. It will be followed by the ADVAR multichain scan. You need to hold some ADVAR tokens to use the multichain scan . Moreover, we will keep working on the beta contract scanner and making it free to the public .
Q1. Do you have a Token Burning plan to increase Token value and attract Investors to invest?
Clayford: Yes. According to our tokenomics, we have 15% of our total supply reserved for milestone burns. Not only that; we have manual buy back and burn mechanism. This is also going to reduce the total supply significantly. Thank you
Q2. Do you have AUDIT certificate or are you working to AUDIT your project, so that the security of the project becomes more secure and reliable?
Clayford: We have already passed our audit with desert finance. Two members from our team are doxxed to them . In the future we will go though many audits as well . Why are we doing that? The one that tries to judge others must also make himself available to be judged.
Q3. Do you also build NFT ?
Clayford: Yes we have an NFT MARKET PLACE we are working on . The beta should be available soon . You can sell your NFTs there.
Q4. Is your platform suitable for Crypto beginners? Or does it only appeal to professional users?
Clayford: Yes it is suitable for beginners.
I just want to thank this amazing community. I would like to plead with them to support our project in any way they can. They should join our group on telegram. They should help spread the news about ADVAR to the entire crypto space and also invest in the future with us. Thanks 😊
Join us on our various social media platforms. Let’s get interactive!!
Our local communities