Essentia’s a blockchain, enabling cross-chain transactions & helping to manage all things crypto. Integrated with L2 transactions via zk-SNARKs sdk & Starkwave.
All Questions answered by Andrew
Lola(AMA HOST): Can we have Team member of Essentia say hello?
Andrew: Hey there Lola!
Lola(AMA HOST): How’re you Andrew?
Andrew: Absolutely Fantastic. My pleasure to be here! What about you?
Lola(AMA HOST): Glad to have you here.
Lola(AMA HOST): Shall we go into the questions?
Andrew Gard / Essentia One:
Sure! Lets go ahead with the AMA
Q1. Can you give us a general introduction of you and Essentia One? Could you tell us your role in the project?
Andrew: My background is in Marketing, ranging from launching different marketing campaigns and strategy development to leading a marketing team of different sizes.
At Essentia One I am responsible for whole operations serving as COO to a project
Essentia One is a masternode powered blockchain that enables interoperability and cross-chain transactions. It is an ‘all-in-one platform’ that manages all things crypto.
Q2. How many team members do you have working with you? And can you also tell us their roles?
Andrew: We have 15 people on the team. Out of them, most are developers, customer care, and marketing. Here are the details essentia.one/team.html
I’m leading Essentia One together with Bohdan, Ilona.
We are constantly hiring and looking for new talent to join our fantastic team. For everyone reading, if you have a specific skill, reach out to us.
We are always looking to have hungry team members joining.
Lola(AMA HOST): Please don’t forget this
Q3. Has your Smart Contract been audited?
Andrew: Hacken has audited Essentia Smart Contract. Here is the link to the audit
Lola(AMA HOST): Great. If I may ask, why did you choose Hacken?
Andrew: Hacken is one of the top 10 auditors in the market now. Is one of the significant options between Defi Auditors
Lola(AMA HOST): Nice.
Q4. Can you tell us about how Essentia One works?
Andre: Essentia is your Defi Hub for Manage your Defi Digital Life.
Earn High Yield, Trade, swap. All-in-one platform
In short: Essentia is Defi for the masses.
The Essentia Swap will include zksync and will allow soon L2 scalability on it.
The network is strengthened by Proof-of-Stake (PoS) as its consensus algorithm and Masternodes to ensure a maximum level of security for its functionality.
Q5. What are the benefits or Reward in Essentia One?
Andrew: Essentia provides three High Yield staking options:
Mercury Node: 100k $EssX Required
Mars Node: 300k $Essx Required
10k$ Essx Required
Here are more details
We cover the server fees till the end of June for Mercury. We also announce that the server fee for Mars will be free till the end of 2021. Swap fees are also being refunded due to the high cost of the Eth gas
Q6. How many Partners do you have? And what do you expect from them?
Andrew: Essentia is live for three years. A lot of time has passed.
We worked with several governments like the Finnish government and the Dutch government in several pilots during this time.
We partner with several projects, one of which was Swipe.
Recently we partner with ValueDefi twitter.com/value_defi/status/1363907280111075338?s=19
Lola(AMA HOST): Good. And hows been your experience with them
Andrew: The Value Defi team has been outstanding in the execution and in providing support. I would suggest anyone work with them.
Q7. Can you tell the Community about Staking and Earning in Essentia One?
Andrew: One of the recent videos of Crypto Love explains well how the Staking process works:
I would recommend anyone to watch it.
We offer High Yield options for everyone who helps to secure the Essentia Blockchain by staking.
Q8. Can you share with our community the plans you and your project have for this year and the coming years?
Andrew: Sure, our major next Milestone will be:
The Defi Dashboard will enable a Earn High Yield, Trade, swap. All-in-one platform. Everything in a non-custodial and trustless manner.
It will also integrate the Binance Chain Bep20 standard. Other significant features coming in the next days is the Dark Mode and Fiat On-Ramp: (USD, EUR, KRW, CNY)
Q9. What are the major challenges of Essentia One and how do you intend to solve them?
Andrew: The major problem for crypto to become Mainstream are:
– accessibility > hard to use access
– safety> is not secure enough like a traditional bank
In Essentia, we try to focus on solving all of this issue by providing the best experience in the more straightforward and safer to access Web 3.0: The Internet of Blockchains.
Q10. Share with us all the links about Essentia One, so that readers can find out more and also follow the development of the project.
Andrew: Sure, users can read more about Essentia at medium.com/essentia_one/essentia-data-guide-find-the-needed-info-easily-ce9eab1b180c
or read our Bible
Lola(AMA HOST): All right. Thanks for this.
Q11. Lastly our favourite question, do you have any alpha or juicy news for us in BSC News today?
Andrew: We are working on developing a Triple Cross-Chain bridge. ETH< > BSC < > ESSX and expending to Binance chain. ESS users will switch between three chains: Ethereum and Binance Smart Chain, and the Essentia Chain. Meanwhile, features of Essentia (assets exchange, staking, running a masternode) will become available to BSC users.
Lola(AMA HOST): Wow! Not even 2.
That’s quite impressive. We look forward to that.
Thank you for your answers. @andrewgard_essentia
The Transcript for the AMA would be ready soon.
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.