BSCDaily.com hosts BiShares: BSC’s first Index Fund options for all degens
BSCdaily – Admin: Hello everyone! We are happy to announce our AMA session with BiShares!
BSCdaily – Admin: Welcome to BSC Daily @BiSharesFinance @DeFiVlad
BiShares: Hello thank you for having us!
BSCdaily – Admin: The pleasure is ours
DeFi Vlad: Hey guys
BSCdaily – Admin: Hi @DeFiVlad, how is your day?
DeFi Vlad: Great so far. Wonderful Saturday morning with you folks
DeFi Vlad: Coffee and crypto chat. Great way to start the day.
BSCdaily – Admin: Awesome! Let’s start our AMA
BSCdaily – Admin: We want to know about BiShares as much as possible
BiShares: Awesome let us know how we can help
Q1: First, please give the audience a brief description of what BiShares is
BiShares: BiShares is the first BSC Index Funds so people can buy one token that hold all the underlaying assets in the fund. Safe exposure.
It give you peace of mind in a basket of tokens so you can sleep well and diversify and catch multiple moon shots at once.
Q2: So BiShares is the first Index Funds on Binance Smart Chain, do you have any competitors at the moment?
DeFi Vlad: Not at this time, bishares is the first to explore this side of BSC. An actual project outside the meme coin culture going around right now.
BiShares: We are the first professionally placed fund with real value and a solid team.
BSCdaily – Admin: Amazing, you guys are the pioneers in this field on #BSC
Q3: Also, could you tell us a little bit about yourself and your team? What are your past experiences?
BiShares: We are a group of blockchain veterans from other projects who saw a need to have a product like this on the binance chain. As we built our team we asked @defivlad to join us on the technical side. Most devs on the team are superstars.
When solidity starting auditing our contracts, they have never seen such code like the one we submitted.
DeFi Vlad: Impressive code I will say.
BSCdaily – Admin: Wow, seems like you got an ALL-STAR team
Q4: How did you guys get involved in crypto?
BiShares: One of the main devs has been around since 2011. Most have been here since the beginning.
DeFi Vlad: I think most people tuning in, know my story from VLAD. I have been around the industry for a long time.
Q5: Each project has interesting stories before it is created. Can you tell people about the story that gave you the motivation to build and develop BiShares?
BiShares: Crypto doesn’t sleep. Its not easy. It takes a lot of blood sweat and tears, especially in down times. Lately, there have been many moon shots and rug pulls. We built this product so people can absorb these opportunities and avoid these pitfalls while sleeping tight. How many times have you gone to bed and said “Ill buy that tomorrow” and you wake up and its 100x? With our product you can diversify across all funds, especially the FOMO fund where we pick the best micro caps and solid new projects.
We have just finished adding another FOMO fund giant that has not been released yet until right now. We are adding Wall Street Bets!!
They have launched their dapp token, and we are adding them today.
Q6: Is there a native token for BiShares’ platform? How can people invest in BiShares?
DeFi Vlad: We are still developing the DAO and its native token. It will be released at a later date. The first product to launch will be the BSC top 10 fund featuring the most popular projects on the Binance Chain. These will be mintable on the website after it passes audit and gets the green light.
Unlike most speculative tokens, an index fund gets minted as users deposit underlaying assets.
Q7: Speaking of audits, I would like to know a little more about the security of BiShares. Are you currently working with any auditing firm at the moment?
DeFi Vlad: Yes. I am personally working with Solidity and Gordian on the audit of the initial funds and infrastructure. Once the DAO is complete, we have CERTIK lined up for a 3rd audit of the whole ecosystem.
BSCdaily – Admin: With such big names in the pipeline, I’m convinced the platform will achieve the highest level of security and safety possible
BiShares: Correct. We are taking all the necessary precautions, we take the security seriously as we expect these funds TVL to grow exponentially.
Q8: Btw, would you mind sharing your roadmap with us? We are excited to see what the future holds for BiShares
BiShares: First we will launch the initial funds and following that we will release the DAO token, along with that will come liquidity farming and more funds. We plan to be very active adding new funds to keep up with the market.
Our first funds can be seen here bishares.finance/funds
BSCdaily – Admin: Even an Elon’s fund!?
BSCdaily – Admin: This is likely to be one of your most popular funds
BiShares: Yes, we feel that Elon still has a lot of pull in crypto and people will bet on Elon
No one in crypto will have the funds that we can provide with speed and security, and professional branding and dev team
DeFi Vlad: I think so too. If you look at the performance of those tokens, it’s actually a easy fund to get into. And think of the memes!
Q9: Where can we find out more about BiShares?
BiShares: bishares.finance/
Telegram t.me/bishares
Twitter twitter.com/BiSharesFinance
Discord soon!
BSCdaily – Admin: We will wait for it
BiShares: bi-shares.medium.com/introduction-to-bishares-cdad40c24427
BSCdaily – Admin: Time for wrapping up, any last words you would like to say to our community? @BiSharesFinance @DeFiVlad
BiShares: Thank you for joining us in this journey to make BSC more professional and safer. We look forward to growing our TG discord and Twitter groups so we can make BSC a better place.
If there are any questions please join us in our TG group t.me/bishares
BSCdaily – Admin: It was a pleasure having you @BiSharesFinance and @DeFiVlad
Thank you so much for spending time with our community & all the very best for BiShares
BiShares: Thank you!
DeFi Vlad: Thanks guys
Source : cryptodaily.io
