Cake Tools AMA Transcript

The Smart way to follow #BSC markets on Dex: Traders PA to get Real-Time data analysis for easily and profitable trading

All questions answered by Mr Josh

Lola (AMA HOST): Can I have the Team member of Cake Tools say hi?

Mr josh: Hello. It’s nice to be here

Lola (AMA HOST): How’re you doing Mr Josh

Great to have you. 😊

Mr josh: I’m doing great

Pleased to be here

Q1. Can you give us a general introduction of you and Cake Tools? Could you tell us your role in the project?

Mr josh: My name is Joshua Otti I am a 5 year veteran of online marketing and stock trading who has more recently turned to sharing my experience, strategy and knowledge with the cryptocurrency world, both as trader and adviser. Providing extensive, in-depth and analytical advice and insight at all levels and has previously supported a host of successful projects helping them to generate tens of thousands of bitcoins and other cryptos.

I’m also the co founder of Cake tools

Lola (AMA HOST): Great. And can you briefly introduce Cake Tools

Mr josh: Caketools is the bsc charting hub that allows users fetch real time charts to analyze  markets movements track the growth of all bsc projects and develop profitable investment strategies

Q2. How many team members do you have working with you? And can you also tell us their roles?

Mr josh: We have 3 full stack developers, CMO, a product designer and 5+ community managers

Muhammad Is the lead solidity developer while Chris ani is the chief marketing officer while usifo is the product design manager

Q3. How does the Trading in CKT (Cake Tools) goes?

Mr josh: CKT is the native token of, which will be used to unlock the full features of our DApp. Unlike many DeFi projects, CKT will transcend being an idea on a white paper to a digital asset with real use cases.

It is the native currency of our app caketools allowing users to buy and trade

Q4. Can you tell us about how Cake Tools works?

Mr josh: Cake Tools provides the community with data aggregated from all decentralized exchanges on Binance Smart Chain. Users can leverage our product to analyze market movements, track the growth of BSC projects, and develop profitable investment strategies.

Cake tools provides and maintain standard tools for DEX trading that would enable BSC users to: 

   Get real-time data analysis

   Get real-time market movements

   Search and provide information about listed pairs on exchanges like PancakeSwap and BakerySwap and so many other exchanges that will be coming soon

Q5. What are the benefits or Reward in Cake Tools?

Mr josh: The benefits and rewards are to many to count as users will be able to Search for new pools, add or remove liquidity in a pair, find the best gems and avoid the scams.

users will be able to follow the best pairs through this tool with real-time graphics and transactions, add bookmark your best pairs  and much more.

Follow the most relevant swaps View and interact with multiple pairs in our all in one  single interface and be able to  Save, track and research wallets.

Lola (AMA HOST): That’s really good. 👍

Q6. How many Partners do you have? And what do you expect from them?

Mr josh: We know that partnerships brings every project to lime lights that is why we at caketools have been working tirelessly to close deals and for now we have two partners one which of course is long term ,promotional and awareness driven and we have also secured partnership with crypto life abundance a big community in Nigeria focused on crypto education  and we are also working on others which will be announced via our official channels

Lola (AMA HOST): And how has been your experience with them so far?

Mr josh: It’s been a smooth journey so far as we’ve also had more exposure to the African society involved with crypto currency and also building a long term project which will cut across the globe

Lola (AMA HOST): Impressive I must say. 😊

Q8. Can you share with our community the plans you and your project have for this year and the coming years?

Mr josh: We aim to provide and maintain standard tools for DEX trading that would enable BSC users to: 

   Get real-time data analysis

   Get real-time market movements

   Search and provide information about listed pairs on exchanges like PancakeSwap and BakerySwap

   See liquidity levels

   And lots more

we are building a solid features that are not readily available on other chart tools, we are pulling more information on the token, like the liquidity lock, Team token lock,, these are details which are not easily seen by bsc communities we are making it earlier for everyone to access all this information all in one interface.

Q9. What are the major challenges of Cake Tools and how do you intend to solve them?

Mr josh: 1st our private sale commenced already and still ongoing

We have secured top notch launchpads which we wont name yet till the marketing kicks off in the coming week

We will be listing on pancakeswap and top Cex

we will be adding alternative chains like eth,polkadot etc

The rise in Ethereum use cases created a problem: high gas fees. These high gas fees make it impossible for traders to perform and complete transactions with ERC-20 projects over the Ethereum network.

The Binance Smart Chain offers a flexible platform for developing high-performance decentralized applications. It is a blockchain optimized for fast trading and low network fees. 

With the DeFi ecosystem being the hotbed for many projects and users saying goodbye to the transaction hassles of the Ethereum network, there is a high influx of users into Binance Smart Chain.  

However, users have no access to tools to get real-time data on pools, liquidity, and volumes. This is the lacuna Cake Tools has come to fill.

pancakeswap subgraph isnt sync with the current block which is a major and demanding task for us  but we were able to build a bsc node and not solely rely on the api

Lola (AMA HOST): Haha. Good to have Cake Tools around to solve that Problem.

Mr josh: Pleased to be of service

Q10. Share with us all the links about Cake Tools, so that readers can find out more and also follow the development of the project.

Mr josh: 






audit– ongoing :

Q11. Lastly our favourite question, do you have any alpha or juicy news for us in BSC News today?

Mr josh: Sure our private sale is on now and you can get in here [Forwarded from CakeTools Announcemnt]

Here is the forms to fill and get into the  Private Sale rounds                              

  STEP 1:    

 (You must complete step 1 before step 2)                                         

  STEP 2:

Cake tools will be conducting it’s IDO on multiple launch pads, and our meme context will be starting off within the week with a $300 reward for the best meme and stickers

Lola (AMA HOST): Thanks for the answers Mr Josh. It was a nice time with you.

Mr Josh: It was really great answering the questions

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