AMA Recap 404 Daily Crypto with Neuro Charity
Hello 404 Daily Crypto Community
On 3rd May 2021, Neuro Charity conducted an AMA in the 404 Daily Crypto. Our guest is Neuro Charity Team.
Lots of questions as usual from the Community about Neuro Charity progress. The Neuro Charity team took part in a very interesting AMA session which included Project introduction, Questions from Twitter and a live AMA session with the 404 Daily Crypto community. If you missed the AMA in person, read this recap for a deeper insight into Neuro Charity.
Let’s take a look at the most interesting points of our conversation.
📍Session 1 » Project Introduction
Please introduce yourself and your team please! What you did before crypto, and how you got into crypto?
Neuro Charity team: Sure! My background is in marketing at various startups around Silicon Valley. I met Yoshi and Nick, the other co-founders, through Yoshi’s Crypto, which is a discord group for defi calls.
I personally got into defi early summer 2020. Although, I did own some bitcoin from some years ago, as well.
Can you briefly describe what is neurocharity project? We would like to know more about it and how it works?
Neuro Charity team: So $NEURO is a token on the Binance Smart Chain that donates 1% of every transaction to Pediatric Brain Tumor Research. We make our donations every Friday and we just made our first last friday for $10k!
Childhood brain cancer hasn’t changed in 25 years, despite technology advancing so wildly since then. Children often experience lifelong side effects from the treatments currently available. We want to change that by directly funding laboratories working on new, safer treatments.
What is the special of $NEURO platform compare to the other platform? And how the system works?
Neuro Charity team: There are a few unique aspects of $NEURO. One is that we are focused on childhood brain cancer treatment specifically. This is important because other tokens usually just give to a random charity and don’t particularly care about what happens after that. We are working directly with the Pediatric Brain Tumor Foundation and also intend to adopt a laboratory this summer, so we can learn specifically about how our donations are being used.
Most of investor just focus on the price of token in short term instead of real value of project. Can you tell us the motivation and benefits for investors to long term?
Neuro Charity team: Yes. The biggest benefit to long term holders right now is seeing the effects of our donations in the pediatric brain cancer research world.
Additionally, we are committing to token burns that will further reduce the supply. Currently there are only 5000 $NEURO available for purchase, so when there are multiple buys coming in, the price increases quickly!
Unlike a lot of other tokens, owning just 1 $NEURO can result in some great return on investment.
Can you give an overview of $NEURO Token tokenomics? Will the design of the token rise and fall with the success of the platform,does it include any scarce paths,such as equity, storage or burning?
Neuro Charity team: Well, I touched a bit on burn above. But to reiterate, there are only 5000 $NEURO available to purchase. That means this is a low supply token and of course, with typical supply and demand, means that the price will increase rapidly as more buys come in.
There’s a good breakdown of how all this works over at https://neuro.charity/
What are profitable / revenue-generating ways to sustain your project and what is its revenue model? How can it be mutually beneficial for both the investor and your project?
Neuro Charity team: For the investor, it’s beneficial because our all time high was a little under 10 days ago and was 1 $NEURO = $830.
Currently, we’re at 1 $NEURO = $140
We’re seriously undervalued right now and have a ton of marketing coming in this week, so if you’re looking for a solid long term hold, or even just a short term hold, its a perfect time to buy $NEURO.
As for sustainability, that aspect of the project is already complete.
📍Session 2 » Question from Twitter
— Question from Twitter @QuinnJosephine4
Would you agree with me that adoption and utility are key factors to a project’s survival and success? What’s being done to drive global adoption of NeuroCharity amidst crypto regulations, legislation, and competition?
Neuro Charity team: We currently aren’t really impacted by any regulations, as there are already robust laws pertaining to donations in the United States and we’re acting accordingly with them, as both the founders and the charity are located in the US.
We’re currently about 8 days old. And the primary factors that we’re focused on for our success is mainstream media attention. As we’re looking to make a serious contribution to medical science, we already have received some interest from Forbes and other traditional media outlets.
— Question from Twitter @Mylhe
What is the top priority of Neuro Charity at this moment? What is your plan ahead to boost the value of $NEURO in the market and many traders or investors will buy $NEURO? Aside from Pancakeswap,which CEX or DEX are you eyeing to list $NEURO?
Neuro Charity team: Top priority is marketing. There are a ton of charity tokens out there, but we’re one of the few legitimate ones and one of the very few that are actually working directly with the charity we’re donating to.
Defi is currently oversaturated with projects that are quite frankly, nonsense. So it takes a lot of working to rise above those when you’re a real project.
We’re currently in talks with Cointiger.
— Question from Twitter @MariaCahya3
DeFi, Staking and Yield Farming are hot topics right now in our Crypto Space, My question is, did you make this project only for the short term because of these hot topics? Do you have a long term plan for this project?
Neuro Charity team: This project is built for long term. We don’t really have staking or yield farming and I wouldn’t exactly say that pediatric brain tumors are a hot topic in crypto at the moment.
But popular tokens experience about 1 million dollars in volume a day. If even a small fraction of that went to charity, the crypto community could make a considerable difference in medical research. And that’s what $NEURO is all about.
— Question from Twitter @mcgiangtien
At the moment I don’t see Neuro Charity having any activities or events such as, Partnership, fork/swap, burn, feature release and so on. Can you reveal what event or program in the future?
Neuro Charity team: Well, I mentioned the burn earlier. But right now, partnerships are our key focus. We plan to move ahead with partnering with the Pediatric Brain Tumor Foundation, making us one of the only tokens in defi to partner with a real, established charity in the United States.
As for features, $NEURO has governance built in. So in the future, we’d like to release a platform where holders can choose where fundraising is focused!
— Question from Twitter @AaPutun
Right now, what specific technical problems are NEURO’s team trying to solve now to advance the $NEURO protocol?
Neuro Charity team: We actually don’t have any technical problems we’re faced with at the moment. All of our efforts our focused on marketing.
Which is a good time to say, if anyone from the 404 Daily Crypto community purchases $NEURO today, you’re eligible to win one free $NEURO if you hold for a minimum of 3 days! PM me for details if you’re interested in buying $NEURO!
📍 Session 3 » Community Questions (Live AMA)
Telegram User @batox80
NFT is very trendy now. Will $NEURO make an NFT in the future?
Neuro Charity team: We are actually releasing an NFT in the very near future and are working with an internationally famous indie musician who will be releasing an exclusive music NFT with $NEURO! 100% of the proceeds go directly to charity.
Telegram User @ama_laver
What is your long-term vision about the industry which you are working on? Are you afraid some day there will be another project with more innovative technology can replace your project?
Neuro Charity team: I think every project needs to be afraid of being replaced someday. But for this, I’m not really afraid of that. If another project comes along and is also donating to pediatric brain tumor research, then we’ve really made a difference in the crypto community. More money for this problem is a good thing. So competitors aren’t really a concern at this time.
Telegram User @MinK_7
Most of the project with Anonymous team do rug pulled/exit scam. Why you decided to remain anonymous? Don’t you think that it will have a bad effect on your project? How can we sure that there is no chance of scam?
Neuro Charity team: We’re fully audited and our liquidity is locked. You can view those details here: https://neuro.charity/
And our audit here:
The reason we remain anonymous is in spirit of the project. Anonymous donors are a regular thing in charity and quite frankly, the concept of a doxxed team is only important in projects with an extremely complex roadmap.
Having a doxxed team is basically a meme, as far as I’m concerned. Frankly, I’ve seen projects without a doxxed team become more successful than ones that are, so it doesn’t really appear to matter. For what it’s worth, though, I do show my face on the donation livestreams!
Telegram User @Hira_2001
My question is about your long term marketing plans. How, or through which big partnerships do you plan on utilising to pass your product onto the normal consumer — especially non-crypto people?
Neuro Charity team: As i mentioned before, we’re currently partnering with our main charity, The Pediatric Brain Tumor Foundation. But beyond that, we’re focused on traditional media in the next weeks. We have some interest from Forbes, as well as a number of other outlets. And the more we donate, the more interest there will be.
Torin Hoffman is also releasing a video about $NEURO which will be coming out in the next 2 days.
Telegram User @Knepperr
What is your most ambitious goal with your project? Would you mind to share with us?
Neuro Charity team: Our most ambitious goal is to eventually create our own charity, completely removing the middle man. We want to work directly with laboratories doing brain cancer research and ensure our donations have maximum impact! I believe this can become a reality by Q4.
Thank you for answering questions from our community. Before the end of the AMA, maybe you want to say something to our community?
Neuro Charity team: Yes. Thanks so much for having me. As previously mentioned, $NEURO is at a GREAT price point right now. If you’re interested in investing and want to make a return on your investment quickly, now is a great time to get in.
We’re also giving away 1 $NEURO to one lucky person who buys from the 404 Daily Crypto community and holds for 3 days. If you’re interested, send me a DM and let me know you saw the AMA. Thanks again for having me!
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📍 More information on Neuro Charity:
❇️ Website: https://neuro.charity/
❇️ Twitter: https://twitter.com/neurocharity
❇️ Telegram: https://t.me/NeuroCharity
❇️ Telegram ANN: https://t.me/neuroannouncement
❇️ Medium: https://neurocharity.medium.com
❇️ Audit: https://solidity.finance/audits/Neuro/