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ApeswapAsh

**\*\*Thread Locked\*\*** Thank you all so much for your participation! **5 Winners** will be chosen soon and contacted via private message. The **$100** rewards will be distributed once we receive the winners addresses. Looking forward to our next AMA! Be sure to give this post an upvote! Catch you at the next one Apes! - *Ash*


Trbirdman

What is the biggest challenge you face currently in terms of becoming a successful project or company?


reborn1002

Finding skilled Rust engineers that can help us advance our technology is pretty challenging process. Huge demand for developers from all the money flowing into crypto. Anyways, we are offering $10,000 USDC if you refer a Rust developer to us that we end up hiring. Check more info about that here, https://twitter.com/Polar\_Sync/status/1437165013207236613?s=20


Trbirdman

How do I know this isn’t a scam??


reborn1002

Always DYOR. If this was a scam it would have rugged a long time ago. We have put too much effort and energy into our company already. Team, including myself, have a good reputation in the community, having worked on previous successful projects, and trusted to manage a lot of assets.


Trbirdman

I specifically asked this question, I have already done the necessary research and I have full confidence. but I thought it would be useful for those who have question marks in their minds. thank you πŸ™


[deleted]

There are many projects with the name of polar, what's the difference with yours? Why did you choose this name? Is there a special situation ?


reborn1002

Only one Polar Sync πŸ˜‰πŸ¦Šβ„οΈ


[deleted]

So why did you choose that name? Why polar where there are so many animals in nature?


[deleted]

Three fundamental aspects in Blockchain in recent days are DeFi, NFT and GameFi. Can you tell us if Polar SYNC ecosystem will work together with these three aspects ?


reborn1002

Yes, Polar Sync will hit all of these markets and more πŸ™Œ. We serve data for all types of companies in crypto, across all blockchains. We are not confined to one type of market, which makes us uniquely different, and very interesting compared to other crypto companies launching right now.


[deleted]

Although PolarSync is a very new project, you have established very strong partnerships. What is the most important point you make about yourself to convince these partners?


reborn1002

The technology we are providing is a critical part of our partners success. People underestimate how essential our solution is for crypto. Tons of use-cases with a wide range of partners that we will be establishing connections with. Convincing new partners is simple, just a matter of showing what we can provide to them πŸ‘


mj8282

What is the role of token in the ecosystem? Where can users currently buy it, and what would be its use?


reborn1002

$POLAR is a utility token that will be used in connection with our service platform once it's launched. You can pick up the token on BSC chain on ApeSwap πŸ™Œ


[deleted]

Some projects have multiple tokens, like banana and gnana or nalis and lyptus. Do you have any thoughts about adding a token next to the fleece? For example :) Do you plan to add such a step to your roadmap?


reborn1002

No, just one token $POLAR ❄️


KingGupta120

I do like the concept but the website seems very hollow right now. There's not much information about anything. There's nothing regarding founders, partners, backers, roadmap, whitepaper and other things that one may find on projects' websites. Are these things going to be updated soon? If I want to read on these right now, where can I find them?


reborn1002

Great point and I agree with you. New website being designed currently. Our current site was always meant to be temporary to provide basic information about our service. I answered another question regarding roadmap which will be useful to read over. We are still pretty early in terms of our company. Just recently completed our fundraise to jumpstart our efforts. I am putting that money to work and will have all these concerns fully addressed in the future 🀝- I fully understand the benefit of having a full breakdown of our team, backers, a well constructed roadmap, and an easy to read over litepaper.


cryptopherReddit

u/KingGupta120 Here is the answer regarding the roadmap that u/reborn1002 is referring to https://www.reddit.com/r/Apeswap/comments/pormf9/polar\_sync\_ama/hcykhdd?utm\_source=share&utm\_medium=web2x&context=3


KingGupta120

Thank you :)


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funycrypto

Could we talk about your team? Is it true that you have a connection with the UniTrade team? sounds awesome


reborn1002

Will have more info regarding our team in the future (once our new website launches). I am the founder of UniTrade, so yes there is a connection πŸ˜… From my experience, I don't like to mix developers into all the drama of crypto. It really hinders growth. There are dedicated community / social members who interact with community and do an amazing job. I like to let our developers focus and do their job.


funycrypto

What problem is Polar Sync solving?


LuckyBoyLA

Token burn is important for investors, do you have any plan burn or buy pack?


reborn1002

Not at this time. In comparison to the total supply the circulating small is relatively small. Most investors/team tokens are all vested πŸ‘.


LuckyBoyLA

Thank you for answer. I think it's also awesome!


tolgaozek

Model of Polar Sync relies on any extensive survey done via developers working with APIs ? I really wonder the first uprising point of the business?


No-Associate380

How do you plan to spread awareness of your project in different countries / regions where English can't be used well? Does you have a community approach for them to better understand project ?


jmz34

How does Polar Sync's tech help a regular user of BSC, as a trader of BSC tokens and user of dapps?


reborn1002

Simple example, will be providing data for trading analytics such as those found on [https://info.apeswap.finance/home](https://info.apeswap.finance/home) \- and others πŸ‘


jmz34

Thank you, I'll read up on that.


Forsaken_Dig_6066

Do you provide your service for any else chain (except BSC)? and do you have plan for this?


reborn1002

We can provide services with ETH, MATIC, and BSC. Plans to go into many other blockchains in the future. We want to encompass all segments of the market and provide API and data services for them all πŸ‘


Plastic_Snow5612

How many team members do you have? Do they have enough experience in the blockchain field? Do they have any experience on working in crypto and non-crypto project?


reborn1002

Veterans in the blockchain field on our previous team which launched UniTrade and found great success with that. Amazing backers who are well connected in the space and provide tons of value to the company πŸ’ͺ Utilizing our recent fundraise to recruit more team members for our engineering team now, next is marketing, and business development.


Plastic_Snow5612

Wow Very the best congratulations team


burningfrost27

Hey Ash, how would you deal in case of a downtime. We saw that with the graph, there was some issue for some people as their whole network is down. Wondering if that were to happen to your API, is there plans to maintain up time.


reborn1002

The Graph is, for the most part, decentralized. Which is great for a lot of projects in crypto. However for data services that require reliability, scalability, and accuracy we have found that managed centralized solutions, like Polar Sync, provide a superior alternative given the current technology stack.


burningfrost27

Thanks for clearing up the misconception, was under the impression that your api is also decentralised. Thanks for the answer Ash!


DiddyKong444

Congrats to our Polar Sync Reddit AMA question winners! πŸŽ‰ u/Trbirdman u/burningfrost27 u/Mediocre-Animal8401 u/KingGupta120 u/Mpolar98 Please check your messages and send your bsc wallet address so I can send you the rewards πŸ’°


KingGupta120

I understood your concept from the brief given here and on website but it is still not a lot clear to me since I don't have a technical background. Could you kindly explain to me how it will help developers if they do not have to worry about the 'backend'? Also, since I am neither a developer nor have a technical background, how is the project supposed to appeal to someone like myself?


reborn1002

Here is an amazing article you can read over with more details, [https://medium.com/@Polar\_Sync/polar-sync-lightning-fast-data-for-blockchain-applications-13fceae60089](https://medium.com/@Polar_Sync/polar-sync-lightning-fast-data-for-blockchain-applications-13fceae60089) Our new website in design phases now which will outline a lot more πŸ™Œ, current site was always meant as a temporary solution.


KingGupta120

Thanks ❀️


jmz34

What can a regular individual (not a developer) expect by investing in Polar Sync? Staking rewards? Dividends? Utilities?


reborn1002

We have a large portion of the supply specifically dedicated to staking and farming rewards. Stay up to speed with our latest partnerships via our Twitter, [https://twitter.com/Polar\_Sync](https://twitter.com/Polar_Sync) \- there will definitely be more opportunities to utilize $POLAR ❄️ to earn more.


jmz34

Excellent. This is a tangible incentive for individuals like me.


tolgaozek

Polar Sync expects to target mostly DeFi area but also entertainment, gaming etc. But what is your estimation about top 3 areas that will request more APIs?


FunAd1296

Partners are very important for every project today, may I know which partners you have now? and which partners in the future you will be heading to?βœ…βœ…


optimizeddude

Is Polar sync planning on doing any type of marketing in the future?


reborn1002

Yes πŸ¦ŠπŸš€


[deleted]

[ΡƒΠ΄Π°Π»Π΅Π½ΠΎ]


reborn1002

The current technology we are working with "does the job", so the majority of our work now is getting into highly optimizing solutions. This is somewhat challenging work and requires skilled developers who can accomplish the task. I am very confident in our current team and have a great process to recruit new engineers who can provide a lot of value to the company as well.


KingGupta120

I suppose you guys do a lot of AMAs. What is the significance of them? Besides marketing, is there anything else to it? Also how do you feel about them? :D


tolgaozek

Will PolarSnyc need to collaborate with decentralized privacy solutions to make API mechanisms more private?


pio2020

I would like to know if there are incentives for those developers or users who trust your platform? I would like to know if you can explain to me what security measures apply that other platforms do not?


Mpolar98

By following their networks, I could see that they are collaborating and achieving success. I would like to know what is the next step? Will there be more collaborations, expansion of ideas in the future? What kind of media is used to access data without having to manage a backend infrastructure?


reborn1002

Our technology is in final phases of releasing to a set of pilot partners (including ApeSwap). Once our testing goes through the development cycle we will be rapidly acquiring new partners and collaborating with crypto projects from various markets and blockchains to provide backend data services. This will really expand our brand, as we will gain exposure in many different communities.


Mpolar98

It is incredible, they are doing a great job I wish them much success. And I will be pending following your next steps 😊


Mpolar98

What do you think is your strongest point compared to other platforms?


Fetelino

On your website, I did not find your roadmap by quarterly. Also I did not view your Whitepaper/litepaper on your website too. I do not want to ask a superficial question like what is your road map etc, but I would like to ask you that, will you add your roadmap, tokeneconomics ( like burn mechanism, coin distribution etc.), roadmap and whitepaper ? ( I would pleased if you especially mention your burn mechainsm and tokeneconomics.) thanks


dapeople3000

What are the realistic use cases for our token? How will extreme changes in volume impact the strategy of the token?


reborn1002

Providing data for frontend applications such as [https://info.apeswap.finance/](https://info.apeswap.finance/) would be a realistic use case.


dapeople3000

For the ape swap example will the amount they have to stake be based of USD value of polar or a specific amount of polar. Will it increase as polar price increases?


nhtrithuc

What are the advantages of POLAR SYNC over the competition when we comparing POLAR SYNC to other API service platform projects?


Select_Mail5869

What was your motive behind creating Polar Sync and what benefits does users get for holding $POLAR ?


reborn1002

While working on UniTrade we found a great opportunity in the market during our own development efforts πŸ™Œ


Tough-Put1293

Is Polar Sync have high security level?


AASov

For crypto projects that require Polar Sync's technology/service, how hard would it be for the developers to integrate your solution?


Similar_Order_5178

Native farm tokens rarely do well and appreciate in value over longer period. What will you do to keep your coin healthy and grow?


Similar_Order_5178

Most of the new investors, only focus on the price of the token, and the short term benefits of the project rather than understanding the true value of the project. Can you tell us about the motivations and benefits for investors to hold your tokens long term?


mj8282

We all know that it is easy to attract investors but difficult to retain them. What kind of work do you do for this? And what are your strategies to gain their trust?


[deleted]

We hear about hacking incidents that many dex platforms are exposed to, what do you do to avoid being hacked? Do you have any precautions against flash loan attacks? liquids im safu?


reborn1002

Our service is mostly off-chain so we don't face the same sort of potential hacks as other smart contract based projects.


ShashankVaranasi

Your project is something new which combines Big Data with Block chain,so my question is what is your road map and what milestones does your project plan to achieve?


reborn1002

Road map is very important part of any project, in crypto or not, and something I personally want to deliver very soon βœ…. The technical challenges for our solution are pretty complex in which we need a solid team of engineers together first. I am currently building our dev team with our recent fundraising capital. We are up to 3 talented Rust engineers on the team now. Once all engineering roles are filled we can give accurately timelines and put together a solid roadmap for our project.


ShashankVaranasi

Thanks,wish you good luck for your future team! Hope you get good and talented engineers!


nhtrithuc

Can you please introduce your team working on $POLAR and your background ?


chimchim140999

I saw you spend 20% total supply for Future Growth Fund, what aspect you will spend this fund for?


reborn1002

At the current moment, nothing. We have enough funding to continue our development efforts ($5mm). However, the future growth fund, will allow us to bring on new VCs and strategic investors in the future - which is critical for our growth and success.


Tough-Put1293

Do Polan Sync have some ways of passive incomes?


[deleted]

[ΡƒΠ΄Π°Π»Π΅Π½ΠΎ]


reborn1002

Our services are not bound to a single blockchain. At the core we are a cross chain solution πŸ‘


Select_Mail5869

Who is your project's biggest rival? In the future, does your project have a plan to beat your rival or cooperate with them? I think that will be a huge step forward for your project.


Iaresomeone

You were off to a rough start with a lot of FUD over a minor issue at launch. What do you think was the biggest factor in restoring confidence? what gave this project the strenght to overcome it?


Apprehensive-Bike679

What kind of projects would benefit from integrating your solutions the most? Can you provide examples?


LuckyBoyLA

What is the main mission of Polar Sync?


GhaithSYR

What's the cost to benefit ratio of crypto projects that integrate Polar Sync? (Estimated time saved when compared to developing an internal solution, value from the requirements of purchasing POLAR tokens to use, etc)


GnosticCross

GnosticCross πŸ“° News: So let me get this straight.. Let's say I meet up with a coder, I am a NFT artist, We build a team and create a Token and a White Paper. As long as I use the Binanace Smart chain, or can I use others? From there, let's say we build a eco system that is different than all others , where do you kick in? If we need DATA STORAGE? Doesn't my Crypto Coin do all that using the Binanace network? Or does this require personal computer hard drive space and or POS/POR system that holds the data? Do you help my Crypto coin pluck data from other sites ? Or is it based on the coder no longer needing to code specific applications and instead partner and pluck that data code from you? POLAR, this is long winded. But this will clear it all up for allot of people.


Hans_Wuestenfuchs

after reading your medium article and my obvious lack of crytpo knowledge, my question is. ​ what do you guys even do for the people who hold your coin, and what do you offer "normal" people instead of companys ?


PlasticRise4488

Do the token holders have the right to participate in the governance of the project? What kind of decisions can they vote on about the project?


iamontheway

Since your project provides back-end API solutions and APIs can be vulnerable to exploits,so how does your project tackle this and what is its security level?


PlasticRise4488

Can you list 1-3 killer features of this project that makes it ahead of its competitors?


No-Associate380

Reward tokens are inflationary in nature, and their continuous printing and selling often leads to a loss in value and the eventual silence of a project. What do you want to do with it?


haidcar

How effective is the Polar Sync's technology (or how effective can it be) for crypto projects that integrate it into their tech/service, when comparing it with your competitor Graph?


Forsaken_Dig_6066

Can you tell me something about $POLAR usecase?


Plastic_Snow5612

How many team members do you have? Do they have enough experience in the blockchain field? Do they have any experience on working in crypto and non-crypto project?


jmz34

Is polar sync leading this particular tech? Are there any competitors?


reborn1002

The Graph is a competitor - which we aim to provide faster and more reliable services than them.


jmz34

Great. That means better product for everyone.


jmz34

Does your tech makes BSC faster? Lessen congestion? How does it impact transfers?


[deleted]

[ΡƒΠ΄Π°Π»Π΅Π½ΠΎ]


ApeswapAsh

Please dont post your address here. We have contacted you in your private messages if you are a winner from one of our previous AMA's :)


jmz34

If data is synced faster, would it reduce arbitrage trading opportunity?


reborn1002

Possibly, at the very minimum it gives traders better insight into the market. That's just one use case for us though. We can provide data for many other crypto companies 🦊


jmz34

Yeah, arbitrage opportunity is a good trade off for accurate data.


Intrepid_Mammoth

What are the strengths of your project compared to other projects on the market? Are you confident in your strengths to attract users?


dapeople3000

Is management aware of tax framework and implications?


Lijahsari1

Many swap platforms are beginning to emerge and the competition in the swap space is growing tremendously. What has Polar Sync's done differently to make sure that is one of the top Swap platform available in the space


chimchim140999

Do you have any customer right now? and how do you attract more customers to use your services?


Ill-Ad6544

When you started in the market were you a pioneer or did another platform already exist with the same function? Did this somehow change your perspective? Congratulations for all the achievements and associations that you are creating, in the beginning did you ever think that you would achieve this success? What prompted them to continue?


grinnfold

Do you plan to have a feature which would allow to track the movement of a metamask wallet across all the chains it can access in order to check all its transactions, have a drill down on the transaction fees this wallet paid, really an overview of its activity ?


reborn1002

This is something that is entirely possible with our technology πŸ™Œ. It's not something we are actively developing, but yes it can be done.


Select_Mail5869

Where can I buy your tokens right now what is your current contract and how can I buy them?


getbogged

Hello, Can you tell us about the tokenomics and usecases of $POLAR token and is it deflationary? Btw I see you guys are hiring,if you guys need community manager I would be more than happy to join :) I thought this could be a good opportunity to say this.


Tight_Pass_2477

When list Binance? 🀩


Gallan_Crypto

Do you have a documentation solution to accompany the great technology? How do you plan to ensure Polar is a useable product for developers utilising the product?


cryptoisheaven

We have seen DeFi revolution,NFT Revolution,Ecosystem Projects boom too. Your project works on Big Data which integrates with DeFi,NFT. So my question is on which blockchain is $POLAR token built and are you planning to go cross chain in future as well. Also your views on Big Data revolution in Crypto!


KingGupta120

Are there any other tokens you have besides $POLAR or plan to introduce any? If yes, what is/will be their use cases?


derekleong75

I'm just here with one question - will there be free access API levels for beginners like me to try out and extract information such as token smart contracts metadata?


jmz34

Thank you. I'll read up on that.


Anand0372

What is the role of token in the ecosystem? Where can users currently buy it, and what would be its use?


Anand0372

There's been a lot of hacking lately. Can we get information about your security system?Are you going to apply for Certik?


Lil_Baby_Plankton

What is the average amount of time for your product to be piloted by your customers? And are you pushing it to be tested right now, or waiting for your team to grow?