AMA review：Dialogue with the BullFinance team, a true practitioner of decentralization
Speaker: Dylan (CEO/Founder)
Location: @IDCrypto_official
THERE IS 3 SESSION FOR AMA
1. INTRODUCTION
2. QUESTION FROM TWTITTER
3. FREE ASKING
Section One (Introduction)
ID CRYPTO:
Hello @Dylan Welcome to the IDCRYPTO community, we are very happy to be with you.
Dylan:
Nice to be with you, sir.
ID CRYPTO:
Can you introduce yourself and your background to us first?
Dylan:
Hi everyone, this is Dylan. Graduated from the Finance Department of Harvard University. Main research directions: Blockchain and cryptocurrency, digital finance and online banking, digital banking, Asian macro finance, social impact investment, inclusive finance and global asset allocation. In 2014, he served as a professor of blockchain and financial technology at Singapore Crescent University, and the founding vice chairman of the Singapore branch of the Management Association. I am currently the co-founder and CEO of BULLFINANCE. I am very happy to discuss the decentralized financial ecology of bull market finance with you here.
ID CRYPTO:
Thank you for introducing yourself and your background to us, greetings from the IDCrypto community, sir.
Dylan:
Ok，next…
ID CRYPTO:
Can you tell us what Bullcoin is and how long the project has been online?
Dylan:
The BULL FINANCE ecological financial system token BULLCOIN (BSC) was launched on the PANCAKE platform from May 23rd. BULL COIN is an application token representing the rights and interests of BULL FINANCE users and developers. It is also an important link connecting wallets, users and project developers. It is the only platform token in the BULL FINANCE financial ecosystem and enjoys the right to ecological governance. At the same time, BULL COIN can be circulated in a variety of scenarios in the future, as a means of payment and proof of membership rights, to open up the entire product business line of BULL FINANCE. Next year, BULL Finance will further integrate and upgrade the functions of DEFI, DAPP aggregation, NFT ecology and other fields to provide users with a more efficient financial experience. At that time, BULLCOIN will also serve as the core token and be given more rights.
ID CRYPTO:
Thank you for explaining Bullcoin to us. If you want to buy Bullcoin tokens, please visit ：https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xf483af09917ba63f1e274056978036d266eb56e6,
OK, next
ID CRYPTO:
Can you share with the community what Bullcoin has done from the roadmap?
Dylan:
April 2021
Bull market finance decentralized financial ecosystem concept proposed；
May 11, 2021
BULLCOIN (BS), BULL FINANCE ecological financial system token issuance, PANCAKE platform goes online；
May 13, 2021
The BULL FINANCE team focuses on LP. Fully decentralized；
May 31, 2021
BULL WALL ET wallet enters the testing phase；
June 2, 2021
Popular platforms such as COINGECKO, LIVECOINWATCH and WEALTHCAP launch BULLCOIN；
June 17, 2021
Global environmental market platform COINMARKETCAP launches BULLCOIN；
June 18, 2021
The number of addresses held by BULL COIN exceeds 10,000+. The transaction volume exceeded 1 million U.S. dollars and continued to grow；
June 23, 2021
BUL L WALL ET Wallet Holder 1.0 is officially released and has been logged into APP STORE. Support ETH, BSC, HECO and other multi-chain wallets and multiple public chains, and support more than 380,000 financial assets；
June 28, 2021
BUL LWALLET launches GOOGLE PLAY App Store and App Store；
July 25, 2021
BULL WALLET was invited to participate in the 2021 Hangzhou World Blockchain Conference.
IDCrypto:
Wow, BullFinance has achieved good results! I hope that in the next update, you and your team will make the best contribution to BullFinance.
Dylan:
thanks！
Section 2 (from Twitter question)
IDCrypto:
Okay, let’s talk about wallets. Does Bull Wallet use a centralized or decentralized system? How will our assets be protected? Compared with other wallets, what are the advantages of Bull Wallet?
Dylan:
Bull Wallet uses a decentralized system. All codes are open source and can be checked on the chain. Using BULL WALLET to create a multi-chain wallet, users only need a mnemonic phrase to generate and manage all wallet addresses. And there is no need to switch the corresponding public chain when entering the DAPP entry. The main business of BULL WALLET is a multi-chain application wallet, which is not attached to any main chain. The wallet can be created without the Internet, and no one except the user can control the private key. Bull Wallet will support more than one hundred public chains and one million token assets by the end of this year.
IDCrypto:
Thank you for your detailed answer. Can you provide the URL/link to download Bull Wallet?
Dylan:
BULLWALLET download link: https://bullcoin.finance/download
IDCrypto:
Thank you, for the community, if you want to use Bull Wallet, you can download it here, Ok, next question
IDCrypto:
On your website, I read that bull market finance builds open tools and experimental products that interact with your protocol. Can you elaborate? What are the latest products?
Dylan:
BULL FINANCE recently launched BULL WALLET and launched BULLSWAP in the fourth quarter.
In addition, BULL FINANCE is researching and developing a decentralized digital financial ecosystem. We will always pay attention to the latest industry trends to ensure the advancement of our products. For further planning, please follow our official Twitter (@bullcoinfinance)
IDCrypto:
Thanks for the detailed answer, next question：As an open, transparent and auditable financial infrastructure for the existing blockchain, how do you build a new market for developers and provide your own liquidity? What method is used?
Dylan:
We are developing very fast. We went live in May, and the global community has gathered more than 30,000 real users. Many excellent engineers have contributed high-quality code to us for free. The update speed of our products has an advantage over similar products. The global technology community is almost tirelessly carrying out product optimization and function development. Therefore, we can provide more stable and efficient services to ecological partners. In addition to the liquidity problem you mentioned, we are a financial platform based on actual product applications. We are more like a product and service that can be provided to our market and enhance our liquidity.
IDCrypto:
Great, I hope the Bullcoin community will also support you and your project, because community support is also very important.
Dylan:
Thanks！
IDCrypto:
You are welcome.
IDCrypto:
What are the use cases for the $BULL token? Can you tell me what is the incentive for the market demand for the $BULL token? How to realize the potential long-term growth of the market value of $BULL?
Dylan:
BULLCOIN is the only token platform in the BULL FINANCE financial ecosystem, and enjoys the right to ecological governance. In the future, the BULL wallet will be launched on DEFI, advertising and marketing need BULL, holding BULL will get the ecological dividend BULL FINANCE and other functions. In addition, I also explained before that BULL COIN can be circulated in various scenarios in the future, as a means of payment and proof of membership rights, to open up the full business line of BULLFINANCE products.
Next year, BullFinance will further integrate and improve functions such as DEFI, DAPP field, and NFT ecology to provide users with a more efficient financial experience.
By then, BULLCOIN will also serve as a core value carrier and be given more ecological applications. Let us look forward to it, everything will come true! Hope everyone can understand.
IDCrypto:
I see Bull Swap on your website, but I can’t find your own Dex exchange. Is Bull Swap not launched yet? When will it be launched and what kind of exchange will you make?
Dylan:
Yes, it has not yet been launched. Bull Swap is the fourth product segment to be launched soon. For details of related transactions, please follow our official Twitter (@bullcoinfinance)
IDCrypto:
Okay, thank you for answering the last question of this meeting. Since Section 3 has been cancelled, this is enough for today’s AMA. Before I end today’s AMA, would you like to share something with us?
Dylan:
The latest development and future plans of BULL FINANCE are here to share with you. Here we leave our official Twitter and Telegram.
Everyone is welcome to join and follow up on BullFinance.
Link: http://bullcoin.finance/download
Telegram: https://t.me/bullcoinfinance
IDCrypto:
Thank you for taking the time to participate in IDCrypto’s AMA.Well，We announced that the AMA and Bullcoin Finance series IDCrypto has been completed. Thanks to the participants who have been participating in this event.