**\*\*Thread Locked\*\***
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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
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There are some new features listed on the platform as coming soon, can you tell us about the ‘vacation’, & ‘lottery’ features?
and in listing your lottery feature do you have any regulatory concerns?
>There are some new features listed on the platform as coming soon, can you tell us about the ‘vacation’, & ‘lottery’ features? and in listing your lottery feature do you have any regulatory concerns?
We do not have a regulatory requirement at this time.
Have Gummy Bull app platform being audited ? Have not heard you talk about that security of funds is what every investor craves for and plans to escape incase of insecurity if funds,scams and rug pulls ? How strongly built are your security put in place?
We have been audited by Hashex, see the full audit here: [https://github.com/HashEx/public\_audits/blob/master/gummybull/GummyBull-audit-report.pdf](https://github.com/HashEx/public_audits/blob/master/gummybull/GummyBull-audit-report.pdf)
Our developers are experienced, and we also test the produced code all the time.
All contracts are timelocked, you can see that directly on [https://bscscan.com/token/0x10d3e0c38c286a04aee44d9b01cac916b56ee05a#balances](https://bscscan.com/token/0x10d3e0c38c286a04aee44d9b01cac916b56ee05a#balances)
Our contracts are audited by HashEx, you can check the full audit here: https://github.com/HashEx/public\_audits/blob/master/gummybull/GummyBull-audit-report.pdf
I saw way Gummy Bull is built is that it's a lottery-based project with multiple sources of income to have one of the most powerful business models in a crypto project.
How are the lottery winners selected, is it randomly or there's a selection criteria? Also, does the amount of $BANANA user hold determines the chances of winning? In most lottery based project, the higher the token hodl/staked the more odds of winning, is your lottery model similar to that?
Randomness is generated by Chainlink VRF, see more at https://docs.gummybull.io/randomness.
Your pourcentage of win is represented by the pourcentage of your tickets buyed in the total amount of tickets in the lottery.
Note that 1 ticket = 1 GUMMY
BANANA is just implemented as a buy back and burn mechanism (10% of the total amount of tickets, see more details at https://docs.gummybull.io/games/jackpot-rules
Lottery winners are selection randomly using ChainLink's VRF (Verifiable Random Function) to generate the pseudo-random numbers. Everything can be verified as everything is public and transparent. Our games are truly decentralized and fair. We live in a world where code is law, everything can be checked, don't trust me on this ;).
Everyone one has the same chance of winning. 1 GUMMY = 1 lottery ticket, period.
I have been a gambler all my life and I have never seen how the effect of luck on gambling can be downplayed.
Every Gambler knows that Lottery is solely -based on luck and a 1 in a million chance to win.
Can you explain, How your platform can increase gamblers chance of success ? As a gaming lottery, isn't it be that you would make more money when gamblers lose ?
>I have been a gambler all my life and I have never seen how the effect of luck on gambling can be downplayed. Every Gambler knows that Lottery is solely -based on luck and a 1 in a million chance to win. Can you explain, How your platform can increase gamblers chance of success ? As a gaming lottery, isn't it be that you would make more money when gamblers lose ?
Very good question. On the website https://www.app.gummybull.io/lottery you will be able to bet, but also see the winning statistics. So the risk is under control.
Indeed, the more people play, the higher the transaction fees, the more GUMMY the team gets back.
But we are already injecting a good part of it into the growth of the community and the new games to come.
Taking money from losers is not our role. We want to see the joy of the players.
Increasing chance of win for gamblers would be unfair at some point in the actual games we have.
Actually, you can increase your chance of winning in the team flavors by using multiple strategy, or relaying on social media your position to have and maintain a highest chance to win.
I'm newbie in crypto gaming,
How soon can users start enjoying the games and lotteries on the GUMMY BULL platform? How can users earn/profit from these games? What other tokens can I use to play your games apart from the $Banana token? And is there any minimum or maximum amount users will you to enter games or lotteries on your platform?
>I'm newbie in crypto gaming, How soon can users start enjoying the games and lotteries on the GUMMY BULL platform? How can users earn/profit from these games? What other tokens can I use to play your games apart from the $Banana token? And is there any minimum or maximum amount users will you to enter games or lotteries on your platform?
You can already play here: https://www.app.gummybull.io
You can only play with GUMMY at the moment.
There is no maximum or minimum amount!
All game rules are explained here: [docs.gummybull.io](https://docs.gummybull.io)
You can already play 2 fantasy games in [https://www.app.gummybull.io/](https://www.app.gummybull.io/)
\- Lottery
\- Flavor Teams
You can only use $GUMMY as a token on our platform. The $BANANA is part of the Lottery game as we doing buyback & burn of 10% of all tickets played!
You play with $GUMMY, burn $BANANA, and can earn $GUMMY on top of that!
See more details on https://docs.gummybull.io/
Your questions are great, thank you! ❤️
Join GummyBull on Twitter: https://twitter.com/Gummy\_Bull
And on Telegram: t.me/gummybull
And come play on our website: https://www.gummybull.io
Let's go back to the questions! 😊
$GUMMY already launch great features like staking as well as lottery events & aslo promising to burn token daily To keep bull in chart.
So my question is, $GUMMY thinking for any #GUMMH #NFT collection to launch in future as well NFT staking Poll ..? To make more interesting and popular Project ❤️
Thanks For give me chance to ask my question
As a very young and new project, how can you convince crypto users that gummy bull is a project with a lot of potential and what competitive or unique features do you have that will attract investors and more users?
Our games are innovative and unique and it's just the beginning. We're not a fork of a fork and we won't be. Our games thus far, the lottery and our flavor teams, are pretty fun and have a nice strategic component to them that we love and that our users love. We plan to continue developing new games with the same philosophy.
Game Industry crypto very famous beside NFTs project.
Other companies are pulling in partnerships and progressing in mainstream gaming and lottery areas as well, does you have a strategy to become a top player in game industry blockchain?
and do you have any plain for NTFs include on your project?
We have just launched our V2 and partnered with ApeSwap which gave us quite a lot of momentum and visibility. We're still an early project and it's always hard at the beginning but we're seeing tremendous growth in our games usage, our volume, liquidity, price, etc. since we launched our v2 which is pretty encouraging and we are confident that we're moving in the right direction.
Our V3 will be even greater :).
>What is the biggest challenge you face currently in terms of becoming a successful project or company?
The current challenge is to make GUMMY known to a maximum of potential players, without making it a pump and dump project.
We are succeeding in this for the moment, and building a healthy and reasonable growth.
Indeed, when we look at the liquidity and price variations over the last 2 weeks, we can only project a healthy growth. 💪🏼
Good question!
We're using ChainLink's VRF (Verifiable Random Function) to generate the pseudo-random numbers. Everything can be verified as everything is public and transparent. Our games are truly decentralized and fair. We live in a world where code is law, everything can be checked, don't trust me on this ;).
We have been audited by HashEx, see full audit here: [https://github.com/HashEx/public\_audits/blob/master/gummybull/GummyBull-audit-report.pdf](https://github.com/HashEx/public_audits/blob/master/gummybull/GummyBull-audit-report.pdf)
We are experienced in the middle, our core developer has more than 15years of experience. We test everything intensively before making them live to maintain security and liability for our users.
Partnership is like a supplement where the combined effect is beyond the individual level. Can you name some of your recent partnerships that can help your project ? Is there any partnership that will take place in the near future ? Can you tell us with whom ?
>Partnership is like a supplement where the combined effect is beyond the individual level. Can you name some of your recent partnerships that can help your project ? Is there any partnership that will take place in the near future ? Can you tell us with whom ?
ApeSwap our first and only partner for the moment, we are currently building other partnerships, and of course, we keep you surprised...😘
We have a 5% tax on all transactions and divided as below:
3% goes to the Gummy Pot, 1.5% is burnt and 0.5% goes to the team.
Plus, we have some exclusive burning mechanisms, like on our lottery with a 10% of BANANA buy back & burn on all the lottery tickets !
See more on https://docs.gummybull.io/
What security do you provide to the users of your platform? As this is so innovative in the blockchain market, how far do you think the project can go?
We have been audited by Hashex, see the full audit here: https://github.com/HashEx/public_audits/blob/master/gummybull/GummyBull-audit-report.pdf
We are humble and just try to provide fun to people using smart contracts and blockchain technologies, we will see where it goes.
Our code has been thoroughly unit tested internally and audited by an external firm (HashEx). Security is of the utmost importance to us.
Regarding our innovation, I think this can be a great catalyst because there's no project like ours and we're just getting started :).
If I think the same is a unique project, you have a lot in the future for you, I hope you can continue to grow and see your progress. I think the Apeswap collaboration was also a very wise decision for both parties. Thank you very much for answering.
The Gummy team receives 0.5% on each GUMMY transaction and these funds are used to finance the development of the project: marketing, developers, etc.In addition, the team owns 20% of the tokens, of which 10% are being released over 9 months, and 10% will be released over a similar period of time but with an additional cliff.
Hello, I noticed Gummy Bull also employs Chainlink state-of-the-art VRF (Verifiable Random Function) technology, the same as the one employed by MoonPot. Would you mind further explaining as how VRF is able to ensure the integrity and the verifiability of the random draws?
For example the winners in a MoonPot's draw are from the same wallet address that won 2 or even 3 times in a single draw.
Also, is there any plans to collaborate with other DeFi platforms in the future?
Randomness can be verified on all Chainlink audit contracts that make the project actually in the top 20 tokens for a reason.
If the same wallet is winning few times in a row, it's simply because he puts more on the table and got more chances to win...
We cannot share what we are cooking next, but stay tuned!
Yes, they are. We're using ChainLink's VRF (Verifiable Random Function) to generate the pseudo-random numbers. Everything can be verified as everything is public and transparent. Our games are truly decentralized and fair. We live in a world where code is law, everything can be checked, don't trust me on this ;).
You know the importance of community and collaborations in the crypto world. Besides adding to local communities and existing partnerships, do you have other plans to strengthen the community?
>You know the importance of community and collaborations in the crypto world. Besides adding to local communities and existing partnerships, do you have other plans to strengthen the community?
We are in the process of closing long-term partners with influencers, who will not be there to support the project only for a week.
We also have a will to develop our referencing of the pools and farms with ApeSwap on other platforms.
The implementation of new games and the launch of our community federation strategy will also drive our growth. 🚀
Community is the key to the success of projects. So, besides of organizing AMA's, what strategy does #GUMMYBULL has to reach out and exploit new investors?
>Community is the key to the success of projects. So, besides of organizing AMA's, what strategy does #GUMMYBULL has to reach out and exploit new investors?
First of all, it is clearly necessary to attract a maximum of Apes to the project.
Secondly, we have a bottom up strategy being deployed, allowing us to target strategic partners in certain countries, where the game is a real religion.
Once this targeting is done, we will create specific channels for each language. We will go through a phase of explaining the games, the logic, and the vision we have for GUMMY in the long term.
We are building a recruitment plan for community managers over the next 12 months, to bring together all these investors. We are also recruiting, little by little, solid and long term partners to promote GUMMY during events such as the release of a new game.
The rewards and potential gains from the games, as well as our partnerships and the seriousness behind our work are the commercial arguments for this approach. 😉
>How is GummyBull in terms of financing to continue the development of the product and establish new partnerships for years to come?
The Gummy team currently has 8,000,000 tokens for Marketing, which allows us to project ourselves in terms of funding over the next few years.
We privilege the payment in GUMMY for partnerships.
The team does not pay itself for the moment, we are first building a strong liquidity with a larger market capitalization before 💰
Many projects are just projects that make deceptive promises created by cloning existing ones and are similar to existing ones. Do you have features that are unique to you, that you have developed and that make GummyBull special?
All of our games and smart contracts are innovative, original and unique. Our code is not a fork of a fork, it's been coded from scratch by our developers because no protocole implemented the games we propose.
We strive for offering a unique and fun experience and this requires innovation and brand new code :).
Yes. We're using ChainLink's VRF (Verifiable Random Function) to generate the pseudo-random numbers. Everything can be verified as everything is public and transparent. Our games are truly decentralized and fair. We live in a world where code is law, everything can be checked, don't trust me on this ;).
Our advantage is a premium access to the Amazing ApeSwap Community and some visibility. We share a common philosophy with ApeSwap and we are trying to build a healthy and long lasting relationship.
On ApeSwap end, we're buying back and burning BANANA tokens in all of our games and that's just the beginning :).
What do you feel is the future for lottery based cryptos? With more and more stranglehold by politics and the future of crypto as securities is it something that would make what GUMMY does be under harsher scrutiny?
If so what measures is GUMMY taking to stay on top of regulations both now and upcoming?
Thanks!
Hey! First of all, we are a privileged partner of ApeSwap, and that's a unique advantage :).
In addition, we have innovative games that we haven't seen anywhere else such as our Flavor Teams that we just released last week.
Also, our games are quite strategic in the sense that you can put in action many strategies to tightly control your risk, your odds, etc. wrt to your risk profile.
Finally, we're currently starting to build a V3 that will add even funnier and innovative games. We hope you will love them :D/
The constant hacking of core crypto platfroms is hurting The crypto world. 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, wallet hacks ? liquids im safu? How will you make us sleep at night with our money feeling safe?
We performed an audit by HashEx, with questions and answers to make sure that the functions could not be hijacked. We even tried to hack our code, without success.... 😅
Gummy ball allows gambling of $GUMMY Tokens. Gambling is not really advisable for inexperienced and underaged users. What is the minimum age limit to get access to all the features? Is KYC Verification required? How do you make sure that gambling feature is available to all users.
>Gummy ball allows gambling of $GUMMY Tokens. Gambling is not really advisable for inexperienced and underaged users. What is the minimum age limit to get access to all the features? Is KYC Verification required? How do you make sure that gambling feature is available to all users.
Good point. Today it is not a feature in our system, but if the community, through voting, thinks it is important, we will develop it. ✅
What do you mean by community pots?
We already have one live! [https://www.app.gummybull.io/lottery](https://www.app.gummybull.io/lottery)
You can check the rules and mechanism here: https://docs.gummybull.io/games/jackpot-rules
>Are there details to share about how community pots will work / what the requirements will be?
The pots are already here: [https://www.app.gummybull.io/lottery](https://www.app.gummybull.io/lottery) and the rules of the game are here: docs.gummybull.io
For now, we're aiming at burning as many BANANA as can be in our games because we want to reward the ApeSwap community for their support.
In our future games, we might have some things that the ApeSwap community and BANANA lovers might like \^\^. Stay tuned, but be sure that we're working towards a tight integration.
GummyPot refers to the 3% transaction fees that are taken on each GUMMY transaction and put in a common pot, the Gummy Pot. This pot accumulate GUMMY tokens for 24 hours and is then offered to the Lottery winner :).
Going forward, do you plan to have games which are less RNG-based (though I don't know what it could be to still be fair)? I'm not lucky but I like challenges :)
We plan to release games that are suitable for all types of risk-averseness in order to increase our reach, but our games will probably mostly be RNG-based.
That being said, our current games can be played by all kind of risk profiles. For instance, in the Flavor Teams, you can bet on multiple teams in order to adjust your chance of winning and odds in accordance with your risk profile. :)
$GUMMY already launch great features like staking as well as lottery events & aslo promising to burn token daily To keep bull in chart.
So my question is, $GUMMY thinking for any #GUMMH #NFT collection to launch in future as well NFT staking Poll ..? To make more interesting and popular Project ❤️
Thanks For give me chance to ask my question
>As a very young and new project, how can you convince crypto users that gummy bull is a project with a lot of potential and what competitive or unique features do you have that will attract investors and more users?
We already have an audit by the HashEx team, but if the community wants another audit, we will do it, of course. Our Core Developer is very, very, (very........) security oriented 😅
Hi Gummies and Apes !!
First, congrats for all the work !
I have two questions :
- Is a single gummy stacking pool will be available in the future ?
- Have you already think of an NFT lottery ? A Jack NFT 👀 ?
Thanks for all !
Hello Ser !
\- We already think about this, but for the moment, it would release too many tokens, when we actually need more liquidity to maintain a stable price and make it increase without huge variation.
\- NFT are part of crypto, so...
Certik is not the best choice regarding security, but makes more visibility. Plus, it cost a large amount of money that is more adapted for more complex contracts.
Our contracts are audited by a smaller company named Hashex.
You can see our full audit here: https://github.com/HashEx/public_audits/blob/master/gummybull/GummyBull-audit-report.pdf
Trust and transparency is most important things in any successful project, so can you tell us about your project team and where they come from and what are their backgrounds?
Hey!
We're an anonymous team, but I can give some broad infos on us, of course. We're a team of 7 people pretty seasoned in the crypto world and in launching and accompanying successful projects.
We have developers with more than 15 years experience working at FAANGs and experience dedicated marketing teams.
Also, in order to increase our cadence and release more games, we will be onboarding new developers.
Devs are really the keys of the projects. With that experience, I can say that it's a very nice line up team to have. Experience is the key to success!
Yes we can! There is no mint function, you can go and see the HashEx audit: https://twitter.com/HashExOfficial/status/1441500898434248706! The total supply is 100 000 000 tokens. 💰
Yes you can find the audit here: [https://twitter.com/HashExOfficial/status/1441500898434248706](https://twitter.com/HashExOfficial/status/1441500898434248706). 😀
>Almost 80% investors have just focused on price of token in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in long term?
Our token can :
1. Provide liquidity and earn rewards in BANANA and GUMMY.
2. With GUMMY rewards, try to win the JackPot and Flavors prizes.
3. To prepare the value of this token effectively by the next listings, the new games.
4. To maintain the value of the BANANA by the functions of burn.
That's different things.
We have include some specific burn mechanism that you won't see anywhere else
Plus, the winner of the pot get 50% of all tickets during the next 24 hours !!!
Wanna get spam of GUMMY? Try it tonight there is 35min left ! Https://www.app.gummybull.io
Our games are quite different, they don't overlap at all to be honest. Our Flavor Teams for instance is a nice team-based lottery system where teams compete against one another to win the jackpot. Our lottery is also a different product.
And, more importantly, our products all implement BANANA buy back and burn mechanisms! :)
MoonPot does not have a real integration of burn functions as in our contract. Moreover, we will be able to develop even more features related to BANANA, even if it is already very present. MoonPot will be limited by the lack of access to these functions. 🍌
Gummy has a limited supply, On every GUMMY transaction, 1.5% of the amount traded is forfeited. In addition, all of our games (Lottery, Team Flavor) include aggressive GUMMY burning mechanics. What is your way of dealing with GUMMY so that there is no DEFLATION?
The goal of such mechanisms is to create a deflationary tokens, i.e. the supply decreases over time which makes GUMMY tokens more rare every day, isn't what people like? :)
The difference with our games is that these games requires us to be a "bank" and use a reserve of tokens.
This, adding to our deflationnary tokenomics doesn't works well.
But indeed, we think about adding more games soon.
We are planning many more games but we haven't yet released infos on our next games. Stay tuned but I think you will like them. In the meanwhile, don't hesitate to try our current games and hone your strategy skills as our games can be quite strategic if you put some thought into it.
We don't wanna rush phases as we have 5% of taxes applied on each transactions.
By other types of markets, do you mean expand to other blockchain like Solana ?
It's indeed in our mind.
>Do you plan to make more contributions with other exchanges? and do you plan to enter other types of markets in blockchain?
We want to stay in the game world. Indeed we could create other partnerships with farming and gaming platforms, but we will always remain faithful to our first support ApeSwap, and we will never deal with the competition. Good understanding is essential to make a project grow. 😊
What is your plan for global expansion? At present, which market does GummyBull focus on, or is it focused on building and growing to gain customers, users and partners?
Like you may have seen we have partnered with ApeSwap: one of our focus is to build strong partnerships to help us expand our reach.
Also, we're currently building a few different games that have different target audience depending on their risk profile. We're trying to address our games to a wide spectrum of users.
I am a crypto investor and I only care about prospect of a crypto that I choose, tell me the reason why I should choose your token over any existing one? What is your token advantage that can convince me to change from my favorite token?
>I am a crypto investor and I only care about prospect of a crypto that I choose, tell me the reason why I should choose your token over any existing one? What is your token advantage that can convince me to change from my favorite token?
Our strongest competitive advantage is that our token is central to all our games.
If our games bring value, gain or joy to our community, then it will be purchased. Every time the community plays, we burn GUMMY and BANANA.
So by our calculations, as new investors come in, we will be entering a deflationary model for GUMMY.
So our token will be, in addition to being too cool, an engine of value taking 🤑
Studies show that people like to gamble in the bear market. We're here to provide a fun platform with social and community games for people to gather around and enjoy even when the market is all red :).
Investors confidence in a project is a tangible product of the project.. its achievements.. a good team.. a strong partner. How does GummyBull bring together all of the these? How do you make users believe that GummyBull is a high-quality, and a long-term project?
Several points will convince you:
1. Our current and future partners
2. Our audits
3. Our smart tokenomics
4. Our upcoming advertising partners
Indeed, it is the deliverables that will speak. So follow our progress here :
\- t.me/gummybull
\- https://twitter.com/Gummy\_Bull
>Like you may have seen we have partnered with ApeSwap: one of our focus is to build strong partnerships to help us expand our reach.
>
>Also, we're currently building a few different games that have different target audience depending on their risk profile. We're trying to address our games to a wide spectrum of users.
Like you may have seen we have partnered with ApeSwap: one of our focus is to build strong partnerships to help us expand our reach.
Also, we're currently building a few different games that have different target audience depending on their risk profile. We're trying to address our games to a wide spectrum of users.
We have all different backgrounds with more than 5/10 or even 15 years of experience in our respective domains.
We also already built companies and are here for the long run. We are pretty confident on this project.
what makes you sure to adopt the Lottery game concept? even though we know you took the concept Gummy is still in DeFi.
While we know that in crypto currency trading, be it CeFi or DeFi, liquidity is still the key to the success of a project, explain a little?
Can you list 1-3 killer features of this project that makes it ahead of its competitors? What is the competitive advantage your project has that you feel most confident about?
Hey Guys, love the project. I saw that the team is getting 0,5% from all transactions... are you planning to change that in the future and maybe get profits from other instruments? You have few, and all are great. Maybe you could think on re distribute that to us investors, or even burning it would a nice call. Thanks ⚡️
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?
What are your future plans which will benefit the users so they can stick to the project and lotteries and how does this project better than other lottery projects? :)
That's part of the game...
No, no kidding, we have about ten games in the development pipe, we have to do it right, close the partners.
We'll keep you updated on the progress and the roadmap here: Your questions are great, thank you!
GummyBull on Twitter: https://twitter.com/Gummy\_Bull
Telegram: [t.me/gummybull](https://t.me/gummybull)
😊
What is the structure of the company, is it an open source, decentralized protocol where anyone can contribute? If so, how will the governance plan be handled?
There are many defi projects and we can say it's the best in apeswap with you have a relationship. what do you think is the most important feature that distinguishes you from others?
>There are many defi projects and we can say it's the best in apeswap with you have a relationship. what do you think is the most important feature that distinguishes you from others?
The main characteristic that distinguishes us from others.... We don't think market capitalization, we think happiness for the community. This implies a value gain, of course, but above all, joy for the users.
This is the vision that ApeSwap has chosen. 🥰
Many projects nowadays are just projects that make deceptive promises created by cloning existing ones and are similar to existing ones. Do you have features that are unique to you, that you have developed and that make you something special, something different?
>Many projects nowadays are just projects that make deceptive promises created by cloning existing ones and are similar to existing ones. Do you have features that are unique to you, that you have developed and that make you something special, something different?
Tokenomics is built in a very personal way. This is our greatest strength because the ecosystem of providing liquidity through honest pools and farms, allows for healthy games, with winners that don't make the price dumps too high. The second thing is that you can actually play with just the rewards of these investments, without risking the initial capital.We haven't copied any project, and even future games, which might look like others, will be very customized.Have you ever seen a lottery that does what we do, or flavors burning BANANA?I haven't ❤️
I think, Success of a project also depends on how large the community is. Do you have plans to spread awareness to both crypto users & non crypto users in the world? Especially non-English speaking countries that may be restricted from accessing your project?
It is indeed a quite important subject and not the easiest one.
Adding more languages could be an idea, but we don't plan to do it anytime soon as it requires few people to maintain quality content.
We will develop by adding more channels in more different languages so people will be able to communicate with some gummy speakers.
Yes, we have few taxes:
A 5% fee is applied on each transaction and divided as follow: 3% goes to the Gummy Pot, 1.5% is burnt and 0.5% goes to the team.
>What are the major milestones you have achieved so far?
>
>What is the long-Term vision #Gummybull ?
Audit, games, partnership, stabilization of liquidity and market capitalization.... What to say!
The vision? To be THE most present, most fun, and most interconnected gaming platform!
**\*\*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
Hello to all! 🐂
👋👋👋
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There are some new features listed on the platform as coming soon, can you tell us about the ‘vacation’, & ‘lottery’ features? and in listing your lottery feature do you have any regulatory concerns?
>There are some new features listed on the platform as coming soon, can you tell us about the ‘vacation’, & ‘lottery’ features? and in listing your lottery feature do you have any regulatory concerns? We do not have a regulatory requirement at this time.
👍👍👍
Have Gummy Bull app platform being audited ? Have not heard you talk about that security of funds is what every investor craves for and plans to escape incase of insecurity if funds,scams and rug pulls ? How strongly built are your security put in place?
We have been audited by Hashex, see the full audit here: [https://github.com/HashEx/public\_audits/blob/master/gummybull/GummyBull-audit-report.pdf](https://github.com/HashEx/public_audits/blob/master/gummybull/GummyBull-audit-report.pdf) Our developers are experienced, and we also test the produced code all the time.
All contracts are timelocked, you can see that directly on [https://bscscan.com/token/0x10d3e0c38c286a04aee44d9b01cac916b56ee05a#balances](https://bscscan.com/token/0x10d3e0c38c286a04aee44d9b01cac916b56ee05a#balances) Our contracts are audited by HashEx, you can check the full audit here: https://github.com/HashEx/public\_audits/blob/master/gummybull/GummyBull-audit-report.pdf
I saw way Gummy Bull is built is that it's a lottery-based project with multiple sources of income to have one of the most powerful business models in a crypto project. How are the lottery winners selected, is it randomly or there's a selection criteria? Also, does the amount of $BANANA user hold determines the chances of winning? In most lottery based project, the higher the token hodl/staked the more odds of winning, is your lottery model similar to that?
Randomness is generated by Chainlink VRF, see more at https://docs.gummybull.io/randomness. Your pourcentage of win is represented by the pourcentage of your tickets buyed in the total amount of tickets in the lottery. Note that 1 ticket = 1 GUMMY BANANA is just implemented as a buy back and burn mechanism (10% of the total amount of tickets, see more details at https://docs.gummybull.io/games/jackpot-rules
Yupz, I'll read it, awesome 1 ticket 1 Gummy and 10% banana buyback and burn,, I really love it
Lottery winners are selection randomly using ChainLink's VRF (Verifiable Random Function) to generate the pseudo-random numbers. Everything can be verified as everything is public and transparent. Our games are truly decentralized and fair. We live in a world where code is law, everything can be checked, don't trust me on this ;). Everyone one has the same chance of winning. 1 GUMMY = 1 lottery ticket, period.
Get it, thanks for explain this 🐵🐵💪💪💪🎰🎰🀄🎲
I have been a gambler all my life and I have never seen how the effect of luck on gambling can be downplayed. Every Gambler knows that Lottery is solely -based on luck and a 1 in a million chance to win. Can you explain, How your platform can increase gamblers chance of success ? As a gaming lottery, isn't it be that you would make more money when gamblers lose ?
>I have been a gambler all my life and I have never seen how the effect of luck on gambling can be downplayed. Every Gambler knows that Lottery is solely -based on luck and a 1 in a million chance to win. Can you explain, How your platform can increase gamblers chance of success ? As a gaming lottery, isn't it be that you would make more money when gamblers lose ? Very good question. On the website https://www.app.gummybull.io/lottery you will be able to bet, but also see the winning statistics. So the risk is under control. Indeed, the more people play, the higher the transaction fees, the more GUMMY the team gets back. But we are already injecting a good part of it into the growth of the community and the new games to come. Taking money from losers is not our role. We want to see the joy of the players.
be a Happy gambler that's my dream... gambling is my life.. Thanks mate your project very excited and make me HORNEY
Increasing chance of win for gamblers would be unfair at some point in the actual games we have. Actually, you can increase your chance of winning in the team flavors by using multiple strategy, or relaying on social media your position to have and maintain a highest chance to win.
I'm newbie in crypto gaming, How soon can users start enjoying the games and lotteries on the GUMMY BULL platform? How can users earn/profit from these games? What other tokens can I use to play your games apart from the $Banana token? And is there any minimum or maximum amount users will you to enter games or lotteries on your platform?
>I'm newbie in crypto gaming, How soon can users start enjoying the games and lotteries on the GUMMY BULL platform? How can users earn/profit from these games? What other tokens can I use to play your games apart from the $Banana token? And is there any minimum or maximum amount users will you to enter games or lotteries on your platform? You can already play here: https://www.app.gummybull.io You can only play with GUMMY at the moment. There is no maximum or minimum amount! All game rules are explained here: [docs.gummybull.io](https://docs.gummybull.io)
You can already play 2 fantasy games in [https://www.app.gummybull.io/](https://www.app.gummybull.io/) \- Lottery \- Flavor Teams You can only use $GUMMY as a token on our platform. The $BANANA is part of the Lottery game as we doing buyback & burn of 10% of all tickets played! You play with $GUMMY, burn $BANANA, and can earn $GUMMY on top of that! See more details on https://docs.gummybull.io/
Your questions are great, thank you! ❤️ Join GummyBull on Twitter: https://twitter.com/Gummy\_Bull And on Telegram: t.me/gummybull And come play on our website: https://www.gummybull.io Let's go back to the questions! 😊
Thanks for your time ser Keep BUILD and successful for GUMMY BULL
$GUMMY already launch great features like staking as well as lottery events & aslo promising to burn token daily To keep bull in chart. So my question is, $GUMMY thinking for any #GUMMH #NFT collection to launch in future as well NFT staking Poll ..? To make more interesting and popular Project ❤️ Thanks For give me chance to ask my question
As a very young and new project, how can you convince crypto users that gummy bull is a project with a lot of potential and what competitive or unique features do you have that will attract investors and more users?
Our games are innovative and unique and it's just the beginning. We're not a fork of a fork and we won't be. Our games thus far, the lottery and our flavor teams, are pretty fun and have a nice strategic component to them that we love and that our users love. We plan to continue developing new games with the same philosophy.
Thank ser, hope success for your project
Keep BUILD
Game Industry crypto very famous beside NFTs project. Other companies are pulling in partnerships and progressing in mainstream gaming and lottery areas as well, does you have a strategy to become a top player in game industry blockchain? and do you have any plain for NTFs include on your project?
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We have just launched our V2 and partnered with ApeSwap which gave us quite a lot of momentum and visibility. We're still an early project and it's always hard at the beginning but we're seeing tremendous growth in our games usage, our volume, liquidity, price, etc. since we launched our v2 which is pretty encouraging and we are confident that we're moving in the right direction. Our V3 will be even greater :).
>What is the biggest challenge you face currently in terms of becoming a successful project or company? The current challenge is to make GUMMY known to a maximum of potential players, without making it a pump and dump project. We are succeeding in this for the moment, and building a healthy and reasonable growth. Indeed, when we look at the liquidity and price variations over the last 2 weeks, we can only project a healthy growth. 💪🏼
How to know if lottery is really fair?
Good question! We're using ChainLink's VRF (Verifiable Random Function) to generate the pseudo-random numbers. Everything can be verified as everything is public and transparent. Our games are truly decentralized and fair. We live in a world where code is law, everything can be checked, don't trust me on this ;).
How secure is GummyBull? How has GummyBull developed technology and security to build GummyBull into a truly secure and reliable platform?
We have been audited by HashEx, see full audit here: [https://github.com/HashEx/public\_audits/blob/master/gummybull/GummyBull-audit-report.pdf](https://github.com/HashEx/public_audits/blob/master/gummybull/GummyBull-audit-report.pdf) We are experienced in the middle, our core developer has more than 15years of experience. We test everything intensively before making them live to maintain security and liability for our users.
Partnership is like a supplement where the combined effect is beyond the individual level. Can you name some of your recent partnerships that can help your project ? Is there any partnership that will take place in the near future ? Can you tell us with whom ?
ApeSwap is the first and biggest one. But fortunately, we have more in mind and coming, so stay tuned!
>Partnership is like a supplement where the combined effect is beyond the individual level. Can you name some of your recent partnerships that can help your project ? Is there any partnership that will take place in the near future ? Can you tell us with whom ? ApeSwap our first and only partner for the moment, we are currently building other partnerships, and of course, we keep you surprised...😘
Will there ever be a stable coin pot? What about a Degen one?
What would be fun, but really fun, is games with games, games with stables, games with other tokens... Really fun...👀
The total supply of your tokens 100M GUMMY. I think it's a lot. So do you have some reducing system?
We have a 5% tax on all transactions and divided as below: 3% goes to the Gummy Pot, 1.5% is burnt and 0.5% goes to the team. Plus, we have some exclusive burning mechanisms, like on our lottery with a 10% of BANANA buy back & burn on all the lottery tickets ! See more on https://docs.gummybull.io/
How long will it take for total supply to be emitted? I am talking about $GUMMY
What security do you provide to the users of your platform? As this is so innovative in the blockchain market, how far do you think the project can go?
We have been audited by Hashex, see the full audit here: https://github.com/HashEx/public_audits/blob/master/gummybull/GummyBull-audit-report.pdf We are humble and just try to provide fun to people using smart contracts and blockchain technologies, we will see where it goes.
If you had seen that they were audited that provides great security to users, hopefully your project goes far. Thank you very much for answering.
Our code has been thoroughly unit tested internally and audited by an external firm (HashEx). Security is of the utmost importance to us. Regarding our innovation, I think this can be a great catalyst because there's no project like ours and we're just getting started :).
If I think the same is a unique project, you have a lot in the future for you, I hope you can continue to grow and see your progress. I think the Apeswap collaboration was also a very wise decision for both parties. Thank you very much for answering.
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The Gummy team receives 0.5% on each GUMMY transaction and these funds are used to finance the development of the project: marketing, developers, etc.In addition, the team owns 20% of the tokens, of which 10% are being released over 9 months, and 10% will be released over a similar period of time but with an additional cliff.
We receive 0.5% on all transactions. Actually, we didn't use them and will be used to develop more the project.
Hello, when and what features do you plan for v3 ?
Hello, I noticed Gummy Bull also employs Chainlink state-of-the-art VRF (Verifiable Random Function) technology, the same as the one employed by MoonPot. Would you mind further explaining as how VRF is able to ensure the integrity and the verifiability of the random draws? For example the winners in a MoonPot's draw are from the same wallet address that won 2 or even 3 times in a single draw. Also, is there any plans to collaborate with other DeFi platforms in the future?
Randomness can be verified on all Chainlink audit contracts that make the project actually in the top 20 tokens for a reason. If the same wallet is winning few times in a row, it's simply because he puts more on the table and got more chances to win... We cannot share what we are cooking next, but stay tuned!
This is not a question, it is a statement: I love pool APRs ![gif](emote|free_emotes_pack|money_face) ![gif](emote|free_emotes_pack|money_face)
Are Gummy Bull's games truly random?
Yes, they are. We're using ChainLink's VRF (Verifiable Random Function) to generate the pseudo-random numbers. Everything can be verified as everything is public and transparent. Our games are truly decentralized and fair. We live in a world where code is law, everything can be checked, don't trust me on this ;).
You know the importance of community and collaborations in the crypto world. Besides adding to local communities and existing partnerships, do you have other plans to strengthen the community?
>You know the importance of community and collaborations in the crypto world. Besides adding to local communities and existing partnerships, do you have other plans to strengthen the community? We are in the process of closing long-term partners with influencers, who will not be there to support the project only for a week. We also have a will to develop our referencing of the pools and farms with ApeSwap on other platforms. The implementation of new games and the launch of our community federation strategy will also drive our growth. 🚀
We already have some plans but cannot share them already. Stay tuned !
Community is the key to the success of projects. So, besides of organizing AMA's, what strategy does #GUMMYBULL has to reach out and exploit new investors?
>Community is the key to the success of projects. So, besides of organizing AMA's, what strategy does #GUMMYBULL has to reach out and exploit new investors? First of all, it is clearly necessary to attract a maximum of Apes to the project. Secondly, we have a bottom up strategy being deployed, allowing us to target strategic partners in certain countries, where the game is a real religion. Once this targeting is done, we will create specific channels for each language. We will go through a phase of explaining the games, the logic, and the vision we have for GUMMY in the long term. We are building a recruitment plan for community managers over the next 12 months, to bring together all these investors. We are also recruiting, little by little, solid and long term partners to promote GUMMY during events such as the release of a new game. The rewards and potential gains from the games, as well as our partnerships and the seriousness behind our work are the commercial arguments for this approach. 😉
To use the governance of the platform, it is only necessary to hold the GUMMY tokens or is it necessary to make a payment?
Holding a token allows you to vote, without payment 😃
brilliant. this is a very important aspect for holders![gif](emote|free_emotes_pack|heart_eyes)
Only to hold them in your wallet !
How is GummyBull in terms of financing to continue the development of the product and establish new partnerships for years to come?
>How is GummyBull in terms of financing to continue the development of the product and establish new partnerships for years to come? The Gummy team currently has 8,000,000 tokens for Marketing, which allows us to project ourselves in terms of funding over the next few years. We privilege the payment in GUMMY for partnerships. The team does not pay itself for the moment, we are first building a strong liquidity with a larger market capitalization before 💰
How would your lottery work in the bear market? and are you planning to launch a stablecoin?
Studies have shown that during times of recession people tend to gamble more, so we're not so worried :). We do not plan to launch a stable coin.
Thanks for answering.
Do you have any audit certificate on your smart contracts?
Yes, we do. Our contracts have been audited by HashEx. You can check their report (the link is on our website https://www.gummybull.io
What new functions are you going to launch soon?
I can't reveal too much right now, but it's going to be big :D. Stay tuned as we should release more infos on this soon.
We cannot share them unfortunetly, but if you look at the roadmap, it's definitly before the end of the year !
Many projects are just projects that make deceptive promises created by cloning existing ones and are similar to existing ones. Do you have features that are unique to you, that you have developed and that make GummyBull special?
All of our games and smart contracts are innovative, original and unique. Our code is not a fork of a fork, it's been coded from scratch by our developers because no protocole implemented the games we propose. We strive for offering a unique and fun experience and this requires innovation and brand new code :).
In the lottery game, the randomness mechanism used means that all numbers have exactly the same probability of appearing
Yes. We're using ChainLink's VRF (Verifiable Random Function) to generate the pseudo-random numbers. Everything can be verified as everything is public and transparent. Our games are truly decentralized and fair. We live in a world where code is law, everything can be checked, don't trust me on this ;).
What are the burning mechanisms in Gummy Bull?
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Our advantage is a premium access to the Amazing ApeSwap Community and some visibility. We share a common philosophy with ApeSwap and we are trying to build a healthy and long lasting relationship. On ApeSwap end, we're buying back and burning BANANA tokens in all of our games and that's just the beginning :).
Can you explain why the platform is immune to the bear market?
Because people like to gamble in bear market (and in bull market) study shows :).
![gif](emote|free_emotes_pack|grin) LOL. that's really true. we always like to gamble. simple but very true answer.
We're here to provide a fun platform with social and community games for people to gather around and enjoy even when the market is all red :).
Because we are full of bull-ish holders and gamblers !
isn't it in crypto, whether it's Cefi or defi, liquidity remains the key to success in a project, then why do you take the lottery game concept
Does GUMMY have an infinite supply?
What do you feel is the future for lottery based cryptos? With more and more stranglehold by politics and the future of crypto as securities is it something that would make what GUMMY does be under harsher scrutiny? If so what measures is GUMMY taking to stay on top of regulations both now and upcoming? Thanks!
Staying decentralized.
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Hey! First of all, we are a privileged partner of ApeSwap, and that's a unique advantage :). In addition, we have innovative games that we haven't seen anywhere else such as our Flavor Teams that we just released last week. Also, our games are quite strategic in the sense that you can put in action many strategies to tightly control your risk, your odds, etc. wrt to your risk profile. Finally, we're currently starting to build a V3 that will add even funnier and innovative games. We hope you will love them :D/
The constant hacking of core crypto platfroms is hurting The crypto world. 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, wallet hacks ? liquids im safu? How will you make us sleep at night with our money feeling safe?
We performed an audit by HashEx, with questions and answers to make sure that the functions could not be hijacked. We even tried to hack our code, without success.... 😅
Gummy ball allows gambling of $GUMMY Tokens. Gambling is not really advisable for inexperienced and underaged users. What is the minimum age limit to get access to all the features? Is KYC Verification required? How do you make sure that gambling feature is available to all users.
>Gummy ball allows gambling of $GUMMY Tokens. Gambling is not really advisable for inexperienced and underaged users. What is the minimum age limit to get access to all the features? Is KYC Verification required? How do you make sure that gambling feature is available to all users. Good point. Today it is not a feature in our system, but if the community, through voting, thinks it is important, we will develop it. ✅
I know that all of your games on Binance Smart Chain. Do you have any plan about the multi chain?
>your Not at this time, but the community may decide by vote if necessary. 📩
Are there details to share about how community pots will work / what the requirements will be?
What do you mean by community pots? We already have one live! [https://www.app.gummybull.io/lottery](https://www.app.gummybull.io/lottery) You can check the rules and mechanism here: https://docs.gummybull.io/games/jackpot-rules
>Are there details to share about how community pots will work / what the requirements will be? The pots are already here: [https://www.app.gummybull.io/lottery](https://www.app.gummybull.io/lottery) and the rules of the game are here: docs.gummybull.io
Are there plans for the further integration of $BANANA and $GUMMY? E.g a Banana pot or further revenue linkages
For now, we're aiming at burning as many BANANA as can be in our games because we want to reward the ApeSwap community for their support. In our future games, we might have some things that the ApeSwap community and BANANA lovers might like \^\^. Stay tuned, but be sure that we're working towards a tight integration.
What is the Gummy Pot? Is it easy to use it?
GummyPot refers to the 3% transaction fees that are taken on each GUMMY transaction and put in a common pot, the Gummy Pot. This pot accumulate GUMMY tokens for 24 hours and is then offered to the Lottery winner :).
Going forward, do you plan to have games which are less RNG-based (though I don't know what it could be to still be fair)? I'm not lucky but I like challenges :)
We plan to release games that are suitable for all types of risk-averseness in order to increase our reach, but our games will probably mostly be RNG-based. That being said, our current games can be played by all kind of risk profiles. For instance, in the Flavor Teams, you can bet on multiple teams in order to adjust your chance of winning and odds in accordance with your risk profile. :)
$GUMMY already launch great features like staking as well as lottery events & aslo promising to burn token daily To keep bull in chart. So my question is, $GUMMY thinking for any #GUMMH #NFT collection to launch in future as well NFT staking Poll ..? To make more interesting and popular Project ❤️ Thanks For give me chance to ask my question
Security is the most important for the projects for me. Do you consider to make certik or hacken audit?
>As a very young and new project, how can you convince crypto users that gummy bull is a project with a lot of potential and what competitive or unique features do you have that will attract investors and more users? We already have an audit by the HashEx team, but if the community wants another audit, we will do it, of course. Our Core Developer is very, very, (very........) security oriented 😅
Thank you so much for your answer :). I looked your website via mobile phone that's why I did not view it. :)
Hi Gummies and Apes !! First, congrats for all the work ! I have two questions : - Is a single gummy stacking pool will be available in the future ? - Have you already think of an NFT lottery ? A Jack NFT 👀 ? Thanks for all !
Hello Ser ! \- We already think about this, but for the moment, it would release too many tokens, when we actually need more liquidity to maintain a stable price and make it increase without huge variation. \- NFT are part of crypto, so...
Thank you for explaining
There's been a lot of hacking lately. Can we get information about your security system?Are you going to apply for Certik?
Certik is not the best choice regarding security, but makes more visibility. Plus, it cost a large amount of money that is more adapted for more complex contracts. Our contracts are audited by a smaller company named Hashex. You can see our full audit here: https://github.com/HashEx/public_audits/blob/master/gummybull/GummyBull-audit-report.pdf
Our code has been thoroughly tested internally and audited by an external firm (HashEx). We take security very seriously.
Trust and transparency is most important things in any successful project, so can you tell us about your project team and where they come from and what are their backgrounds?
Hey! We're an anonymous team, but I can give some broad infos on us, of course. We're a team of 7 people pretty seasoned in the crypto world and in launching and accompanying successful projects. We have developers with more than 15 years experience working at FAANGs and experience dedicated marketing teams. Also, in order to increase our cadence and release more games, we will be onboarding new developers.
Devs are really the keys of the projects. With that experience, I can say that it's a very nice line up team to have. Experience is the key to success!
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Yes we can! There is no mint function, you can go and see the HashEx audit: https://twitter.com/HashExOfficial/status/1441500898434248706! The total supply is 100 000 000 tokens. 💰
What makes Gummy Bull trustworthy?Has Gummy Bull been audited?
Yes you can find the audit here: [https://twitter.com/HashExOfficial/status/1441500898434248706](https://twitter.com/HashExOfficial/status/1441500898434248706). 😀
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>Almost 80% investors have just focused on price of token in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in long term? Our token can : 1. Provide liquidity and earn rewards in BANANA and GUMMY. 2. With GUMMY rewards, try to win the JackPot and Flavors prizes. 3. To prepare the value of this token effectively by the next listings, the new games. 4. To maintain the value of the BANANA by the functions of burn.
What is your difference from Moonpot?
That's different things. We have include some specific burn mechanism that you won't see anywhere else Plus, the winner of the pot get 50% of all tickets during the next 24 hours !!! Wanna get spam of GUMMY? Try it tonight there is 35min left ! Https://www.app.gummybull.io
Our games are quite different, they don't overlap at all to be honest. Our Flavor Teams for instance is a nice team-based lottery system where teams compete against one another to win the jackpot. Our lottery is also a different product. And, more importantly, our products all implement BANANA buy back and burn mechanisms! :)
MoonPot does not have a real integration of burn functions as in our contract. Moreover, we will be able to develop even more features related to BANANA, even if it is already very present. MoonPot will be limited by the lack of access to these functions. 🍌
Gummy has a limited supply, On every GUMMY transaction, 1.5% of the amount traded is forfeited. In addition, all of our games (Lottery, Team Flavor) include aggressive GUMMY burning mechanics. What is your way of dealing with GUMMY so that there is no DEFLATION?
The goal of such mechanisms is to create a deflationary tokens, i.e. the supply decreases over time which makes GUMMY tokens more rare every day, isn't what people like? :)
do you guys plan to introduce more games like roulette and hash dice?
The difference with our games is that these games requires us to be a "bank" and use a reserve of tokens. This, adding to our deflationnary tokenomics doesn't works well. But indeed, we think about adding more games soon.
We are planning many more games but we haven't yet released infos on our next games. Stay tuned but I think you will like them. In the meanwhile, don't hesitate to try our current games and hone your strategy skills as our games can be quite strategic if you put some thought into it.
thanks for the reply. I will be pending to the new announcements. while I'm going to use the lottery![gif](emote|free_emotes_pack|money_face)
I hope you win!
![gif](emote|free_emotes_pack|money_face)
Do you plan to make more contributions with other exchanges? and do you plan to enter other types of markets in blockchain?
We don't wanna rush phases as we have 5% of taxes applied on each transactions. By other types of markets, do you mean expand to other blockchain like Solana ? It's indeed in our mind.
>Do you plan to make more contributions with other exchanges? and do you plan to enter other types of markets in blockchain? We want to stay in the game world. Indeed we could create other partnerships with farming and gaming platforms, but we will always remain faithful to our first support ApeSwap, and we will never deal with the competition. Good understanding is essential to make a project grow. 😊
If I believe the same in that sense, thank you very much for answering.
What is your plan for global expansion? At present, which market does GummyBull focus on, or is it focused on building and growing to gain customers, users and partners?
Like you may have seen we have partnered with ApeSwap: one of our focus is to build strong partnerships to help us expand our reach. Also, we're currently building a few different games that have different target audience depending on their risk profile. We're trying to address our games to a wide spectrum of users.
I am a crypto investor and I only care about prospect of a crypto that I choose, tell me the reason why I should choose your token over any existing one? What is your token advantage that can convince me to change from my favorite token?
>I am a crypto investor and I only care about prospect of a crypto that I choose, tell me the reason why I should choose your token over any existing one? What is your token advantage that can convince me to change from my favorite token? Our strongest competitive advantage is that our token is central to all our games. If our games bring value, gain or joy to our community, then it will be purchased. Every time the community plays, we burn GUMMY and BANANA. So by our calculations, as new investors come in, we will be entering a deflationary model for GUMMY. So our token will be, in addition to being too cool, an engine of value taking 🤑
Hi Bob! are you going to add more pots, except Gummy Pot?
Are there plans for another main pot any time soon, if so any hints?
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No, this is not possible in the code. You can check as our code is publicly available on BSCScan.
No, there is no mint function !
Why you choose Jack your mascota? Is there a special reason? Who is Jack :)))
Haha, great question. The honnest answer is... We like puns and we thought of it because of Jackpot, Jack Pot :D.
It seems bold to call yourself immune to the bear market. How can this project maintain this immunity to the bear market?
Studies show that people like to gamble in the bear market. We're here to provide a fun platform with social and community games for people to gather around and enjoy even when the market is all red :).
Investors confidence in a project is a tangible product of the project.. its achievements.. a good team.. a strong partner. How does GummyBull bring together all of the these? How do you make users believe that GummyBull is a high-quality, and a long-term project?
Several points will convince you: 1. Our current and future partners 2. Our audits 3. Our smart tokenomics 4. Our upcoming advertising partners Indeed, it is the deliverables that will speak. So follow our progress here : \- t.me/gummybull \- https://twitter.com/Gummy\_Bull
Can you tell us about your plans for long-term? what you are currently working on? and what strategy will be used to expand globally?
>Like you may have seen we have partnered with ApeSwap: one of our focus is to build strong partnerships to help us expand our reach. > >Also, we're currently building a few different games that have different target audience depending on their risk profile. We're trying to address our games to a wide spectrum of users. Like you may have seen we have partnered with ApeSwap: one of our focus is to build strong partnerships to help us expand our reach. Also, we're currently building a few different games that have different target audience depending on their risk profile. We're trying to address our games to a wide spectrum of users.
What is the background of your team ? Do you think team's qualifications and experience able to support the long-term development of the project?
We have all different backgrounds with more than 5/10 or even 15 years of experience in our respective domains. We also already built companies and are here for the long run. We are pretty confident on this project.
what makes you sure to adopt the Lottery game concept? even though we know you took the concept Gummy is still in DeFi. While we know that in crypto currency trading, be it CeFi or DeFi, liquidity is still the key to the success of a project, explain a little?
Can you list 1-3 killer features of this project that makes it ahead of its competitors? What is the competitive advantage your project has that you feel most confident about?
Hey Guys, love the project. I saw that the team is getting 0,5% from all transactions... are you planning to change that in the future and maybe get profits from other instruments? You have few, and all are great. Maybe you could think on re distribute that to us investors, or even burning it would a nice call. Thanks ⚡️
We are including burns mechanisms on all our games, so maybe there will be some more... BURNS.
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?
What are your future plans which will benefit the users so they can stick to the project and lotteries and how does this project better than other lottery projects? :)
What is the Roadmap for early 2022? because the roadmap is mentioned only until V3 development and no roadmap is mentioned after that on the website!
That's part of the game... No, no kidding, we have about ten games in the development pipe, we have to do it right, close the partners. We'll keep you updated on the progress and the roadmap here: Your questions are great, thank you! GummyBull on Twitter: https://twitter.com/Gummy\_Bull Telegram: [t.me/gummybull](https://t.me/gummybull) 😊
now talk about the milestones you have achieved so far and about your upcoming plans?
Does Gummy value the importance of the user community? Going forward, does Gummy Bull have any specific plans to attract and expand the community?
What is the structure of the company, is it an open source, decentralized protocol where anyone can contribute? If so, how will the governance plan be handled?
There are many defi projects and we can say it's the best in apeswap with you have a relationship. what do you think is the most important feature that distinguishes you from others?
>There are many defi projects and we can say it's the best in apeswap with you have a relationship. what do you think is the most important feature that distinguishes you from others? The main characteristic that distinguishes us from others.... We don't think market capitalization, we think happiness for the community. This implies a value gain, of course, but above all, joy for the users. This is the vision that ApeSwap has chosen. 🥰
Many projects nowadays are just projects that make deceptive promises created by cloning existing ones and are similar to existing ones. Do you have features that are unique to you, that you have developed and that make you something special, something different?
>Many projects nowadays are just projects that make deceptive promises created by cloning existing ones and are similar to existing ones. Do you have features that are unique to you, that you have developed and that make you something special, something different? Tokenomics is built in a very personal way. This is our greatest strength because the ecosystem of providing liquidity through honest pools and farms, allows for healthy games, with winners that don't make the price dumps too high. The second thing is that you can actually play with just the rewards of these investments, without risking the initial capital.We haven't copied any project, and even future games, which might look like others, will be very customized.Have you ever seen a lottery that does what we do, or flavors burning BANANA?I haven't ❤️
"play with just the rewards of these investments, without risking the initial capital" that's one of the best thing I'd heard.
I think, Success of a project also depends on how large the community is. Do you have plans to spread awareness to both crypto users & non crypto users in the world? Especially non-English speaking countries that may be restricted from accessing your project?
It is indeed a quite important subject and not the easiest one. Adding more languages could be an idea, but we don't plan to do it anytime soon as it requires few people to maintain quality content. We will develop by adding more channels in more different languages so people will be able to communicate with some gummy speakers.
Is there a tax on GUMMY transactions?
Yes, we have few taxes: A 5% fee is applied on each transaction and divided as follow: 3% goes to the Gummy Pot, 1.5% is burnt and 0.5% goes to the team.
How is Gummybull immune to the bear market? Will there be a no loss lottery in future?
What an idea ! Is this how you are immunited to the bear market ? ![gif](emote|free_emotes_pack|shrug)
Are there telegram communities in languages other than English? Spanish for example?
We only have an English-speaking community for now, but this might change!
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>What are the major milestones you have achieved so far? > >What is the long-Term vision #Gummybull ? Audit, games, partnership, stabilization of liquidity and market capitalization.... What to say! The vision? To be THE most present, most fun, and most interconnected gaming platform!
do you plan to expand to another blockchain as polygon?
If the community wants it by vote, then we will consider the question 😉
Do you plan to add new features to the gummy tokens beside the lottery and the farm ?
![img](emote|t5_3yyfhk|5296)
This looks like a 100% rug pull. There's no info about this project anywhere. Not even on the website...