Interview Editor | [email protected] Martian Finance
Meme is changing the investment logic. The Meme culture represented by Dogecoin has spread wildly on the Internet, and has caused a lot of follow-up under the blessing of Musk’s tweets. This cryptocurrency with its own Meme concept has ushered in batches of followers.
In order to have a deeper understanding of Meme culture, Mars Finance and Olivia, the founder of Australian Safe Shepherd, had an in-depth dialogue. Olivia revealed to the Martian reporter that she has been paying attention to the blockchain industry and Bitcoin since 2012, and has continued to pay attention to the technology and ecological development behind the blockchain in these years, but has never been involved in business during this period, about three years ago Only then really began to invest in Chainlink, and devoted himself to the blockchain industry.
The trend of “blockchain” also made Olivia realize the importance of the community. Although the Australian Safe Shepherd project was born in Canada, the founding team took the initiative to relinquish the ownership and give full rights to the community’s supporters from all over the world. With Dogecoin co-founder Billy Markus (Twitter: Billym2k) officially joined the community as an administrator, it also proved that the project has been recognized by the Dogecoin community.
Of course, in this interview, we not only asked about the status of the Australian Safe Shepherd project, and discussed the opportunities and challenges of Meme culture, but also conducted a simple analysis of the reasons for the current Bitcoin plunge.
The following is the full text of the interview:
1. Strategic positioning
Q: Australian Safe Shepherd is a community Meme token forked from SafeMoon. What is the difference and connection between ASS and safemoon? What are the core problems that ASS can solve?
Olivia: Yes, there are many similarities between ASS and safemoon in code construction and mechanisms, which are mainly reflected in encouraging HODLing and penalizing sales activities. But the difference is also very big, mainly reflected in the purchaser’s punitive tax collection ratio. SafeMoon issues a 10% punitive tax to the seller; but ASS issues a 5% punitive tax to the seller.
Compared with SafeMoon, the founding team has returned the core smart contract code to the community, and the founding team’s ASS liquidity has been locked for 69 years, which means that the team no longer has control over the contract and cannot make any changes to the code; for safemoon In other words, this is not the case. The team still has unlocked liquidity and has absolute control over the contract.
Q: How does ASS ensure high liquidity? Is there any way to attract more users to support ASS?
Olivia: As mentioned above, the liquidity of the ASS founding team’s funds has been locked for 69 years without any cancellation plan. There will be a 5% tax for sellers, and each sale will be automatically transferred to LP, which also means Liquidity will be generated every time you sell, and the bottom of the price will be higher through trading. This mechanism is more attractive to investors.
Q: Let’s talk about the ASS community again. What does DAO community governance look like in the state of the ASS project ecosystem? How to balance the interests of developers?
Olivia: The audience of Meme culture is not the Internet old school, but Generation Z. The ASS community has developed into one of the strongest and most cohesive communities in cryptocurrency in less than a month. In less than 30 days, we expanded to more than 250,000 holders on 10 different exchanges. The community is the core of ASS, and we love every member. The ASS community has quickly grown into a close family. Seeing that so many people get together in such a short period of time, there is a common goal, that is, Bring ASS to the moon (prices soaring), which seems indeed inspiring.
ASS is not a DAO in the traditional sense, that is, user DAO tokens and are used to govern voting. Because I gave up ownership and returned the token to the community, ASS is a token entirely driven by the community. In terms of becoming a DAO, this means that every community member has the possibility to contact the exchange to go online, every member has the ability to start marketing activities, and every member can do what they think can best help the community grow and grow.
When the community involves major decisions, such as community fundraising and the flow of tokens or the need to coordinate large-scale marketing strategies, we will make the final decision through community polls, voting and hosting public dialogues. The 50,000 members in the telegram group have the right to express their opinions, share their expertise, and help ASS achieve its goals, which is very remarkable. What’s more worth mentioning is that the ideas of more than 50,000 members of the community are still attracting more wise people to join. The community is full of experts in various fields, and the powerful force of gathering all people to work together is our advantage.
2. Opportunities and Challenges
Q: What are the opportunities and challenges that Meme culture faces in the entire blockchain industry?
Olivia: In fact, many people have misunderstandings about Meme tokens, and many of them even come from experienced cryptocurrency supporters. Meme is a cultural replication factor, spreading through imitation, Meme token is one of the important ways to enter the blockchain field. In addition, the audience of Meme culture will not be the old school who just use the Internet as a communication tool, and most of the living space exists on the Internet, so the Meme token has the appeal of viral spread through social media platforms.
Q: With the increasingly fierce competition in the ecological development of the entire industry, how can ASS stand out?
Olivia: I think that there is no need to worry about the development of other project tokens at the moment, because there are always other tokens in the industry no matter what. For example, the ASS community supports DOGE 100%. DOGE has paved the way for Meme tokens to be accepted in this field. It can be said that without DOGE, there will be no ASS, so we respect the contribution of other tokens to Meme. However, ASS is a very loyal, motivated and friendly community, and all newcomers are welcome to join.
Q: What are the current factors restricting the development of Meme? How does ASS solve it?
Olivia: As the founder, I gave up the ownership of the project contract code and restricted the tax on buying, selling and transferring. In addition, so far, nothing can limit the development of ASS. There are a large number of outstanding developers, designers, marketers, and opinion leaders in the community, all of whom are part of the success of the project.
Q: Please introduce some achievements of ASS, as well as recent plans and goals.
Olivia: The ASS team has a lot of exposure, and some of the achievements and plan goals are mainly as follows:
(1) In just 30 days, we have achieved an excellent result of 250,000 holders, which is also the recognition of the public;
(2) Billy Markus, co-founder of Dogecoin, joined the community and became an administrator;
(2) Ray J recently named ASS at the MTV Film and Video Awards Ceremony. The project has established an expanded brand relationship with him and is also one of his team consultants;
(3) Of course, many famous news media have reported on us, including Bloomberg, business insider, tech crunch, cryptoslate, yahoo, stockhead, investor place, etc.;
(4) It has been launched on 10 different exchanges within 30 days, including Gate.io, PancakeSwap, BitMart, Bilaxy, MXC, WhiteBIT, Bitrue, Coinbene, BiKi, HOTBIT, etc.;
(5) The project has been included in professional project websites such as coingecko, coinmarket cap, poocoin, dexguru, BSC scan, lunar crush, and blockfolio.
Q: Let’s talk about something else. On May 19th, Bitcoin fell below $30,000. What do you think of the Bitcoin sell-off?
Olivia: In my opinion, this sell-off is caused by a combination of many factors, such as the influence of laws and regulations; Elon Musk’s comments on Twitter that “BTC mining is not environmentally friendly” triggered the sell-off, but the current crypto market should be long overdue. Make corrections. I think that with hindsight, the BTC sell-off is inevitable, maybe not so serious, but we will inevitably see an important correction. No token can go up straight forever. In a healthy market, you need to make corrections to replenish energy before going higher again. For me, this kind of price fluctuation has been a very healthy and normal trend for traders in the cryptocurrency field for some time. Bitcoin price fluctuations provide investors with an opportunity to buy at a “discounted” price.
Q: If there is no blockchain, what would you do?
Olivia: I believe that blockchain technology is the future. I can’t imagine where this technology will go, especially blockchain visionaries like Vitalik Buterin, CZ, and Sergey Nazarov. Outside of cryptocurrency, I am a third-year undergraduate nursing student. My goal is to change the way of human life and make it better. This is what excites me the most because of my growing reputation in the cryptocurrency field.