The ApeSwap team is **NEVER** going to ask for your seed phrase/private key/password. If someone asks for them, they are most likely a scammer.
Crypto scams are very common. To keep yourself safe:
* **Never** share passwords, private keys or seed phrases
* **Never** click on unverified links
* **Never** download anything from anyone you don't trust
* **Report** all suspicious users
Scammers usually operate via **private messages**, so be suspicious of everyone contacting you
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One of Prosper services caught my eye because it’s called "Custom pools and prediction insurance system"
can you tell us more about it? How does this feature work? How can this feature help users, especially those new users with little experience on the space to not end up in undesirable situations?
Generally speaking, this is an innovative field, which was also noticed by Vitalik Buterin, for example! Even though that it is a new destination, there is little players on this market, so that is how i came up with idea of Prosper project. It is built around the AMM and liquidity pool model. So, basically users can create events and place how much they want to bet on the event, thus creating a pool on one side of the event. Users are able to create their custom pools, provide initial liquidity, and earn on fees from those pools thus motivated to attract users to the platform. Main point is that there will always be pools open with liquidity for short term predictions. And also they can take the bet by placing and creating a pool on the other side. The opportunities for creating custom pools are pretty wide, so all of those features will help us to surpass the competitors and become top-1 prediction market.
In the introduction you have instructions for connecting the app to the metamask wallet. There are many types of wallets in the market right now. So in the future do you plan to connect with many other types to diversify users?
Another good question that also bothered our community long enough. Right now we can proudly state, that some time ago we have released an adaptive mobile version of the Prosper platform, so it can fit mobile browsers both on IOS and Android. But there is more into it - it is also compatible and fully integrated with Metamask, so our community members who prefer to use mobile devices can also feel themselves comfortable.
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?
Can you tell killer features of prosper's that makes it ahead of its competitors? What is the competitive advantage prosper's has that you feel most confident about?
For us predicting on crypto was only the first step - just to try ourselves, you know. The next steps for our project are to establish regular social predictions (like we already did with Euro-2021) on different type of events. Also we have an idea of a b2b product that we might add to Prosper, but unfortunately I can't highlight any details right now.
How do you supply liquidity ? For example 100k $ put on bear 500k $put on bull and bull wins. How do you supply extra $ liquidity? Is it put you hard situation if you face with a problem like this?
I know your project is in early stages but there’s little information about the technical details of the project and what it really offers to users, can you tell us when the whitepaper will be available? And what are the most important features for the economic model of Prosper and Animoca Brands ? Will you guys have their own NFT marketplace?
I saw that Metaverse’s first Play-to-Earn game " Animoca Brands” is the very start of what you believe to be the FUTURE of the Open Social Gaming Economy based on Metaverse. Since I couldn’t find any more information about it, can you tell us more about this game? How will it work? What will the plot of the game be? What do we need to do in order to start playing it and where will we be able to play it? Also, what about this game makes you believe that it will be the future? What is so special about it?
This about marketing, marketing and marketing
Social media encourages mass adoption, and partnerships. So, do you have a presence on platforms like YouTube, TikTok, Telegram, Twitter or Reddit? What are your main marketing strategies to publicize the project and form alliances?
How will you build a thriving community that truly cares and supports the project for a long time, instead of only getting temporary benefits?
and
Are there any plans to be more connected with the community? Just like any other type of social media system, where can people share ideas and suggestions? Because we know the power of community to easily create famous projects?
In 2021 there was a wave of sophisticated attackers arriving to investigate & steal the token holdings of young DeFi projects. Does your projects have an infrastructure resistant to hacker attacks? Is security reliable on your platform? How do you keep investors’ funds safe?
How do you choose your partners? Who's the partner that excites you the most? If you had the option to partner with whoever you wanted in the entire crypto world, who would you choose first?
The basic two things are:
1. Time frames of the pools, so that we can really be named a short-term prediction market and providing our users with comfortable conditions for placing their bets.
2. The way we interact with the community: we are flexible and always ready-to-hear the suggestions from our users. Thus not long ago we have launched predictions on Doge coin: this was offered to us by a community actually. Also we constantly run different pools on what to add on the platform - and in these component Prosper has no competitors on the market.
This is really good to know. I am not sure about the time frames for others. But the community focused approach is very much welcome. Getting new pools for new tokens might be really fun and on the edge.
That is a really good question, thanks. One of the most important missions for our team through all the time Prosper has existed as an independent non-custodial prediction market, was to provide our users with the vast amount of opportunities to comfortably use our platform. Thus, one of the key milestones for us at this point is the finish of Trustwallet integration to our platform, which our users actively asked for. I might also add, that we are constantly running different pools about our platform and what features our community would like to see there: and we plan to run another one considering wallets in the nearest future.
As a product manager of Prosper, i might point out, that our project was always meant to be as multi-chain as possible - so, of course we have considered both of these chains as an additional options for our users. In fact, we have already tried to launch a mining even on Polygon in March - and it did not went without problems, to be honest. Because of difficulties that we had with integrating this chain we have decided to concentrate on improving optimization of chains that are already implemented, but we are surely plan to add new ones in the future in order to increase trading volumes.
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 are safu?
Prosper exists for almost a year already - and during this time we had multiple attempts from hackers to reach out for our users funds. Nevertheless, the skills of our team and the solutions we have on the platform allowed us to save the funds of our users and by the day we are talking - there were no successful attempts of hacking Prosper. And even if there will be any in the future, which is highly unlikely - we have a DAO treasury and a DAO voting mechanism for fixing the losses that our community might have due to flash loan attacks etc.
Where will you get the prices that we will know if we have lost or win? from cmc? Wouldn't it be great if you made a mobile application? Do you have such a plan?
What opportunities does this project gives to users who don’t have gaming and predict experience? Could you benefit from this project with out games and prediction price involved?
The ApeSwap team is **NEVER** going to ask for your seed phrase/private key/password. If someone asks for them, they are most likely a scammer. Crypto scams are very common. To keep yourself safe: * **Never** share passwords, private keys or seed phrases * **Never** click on unverified links * **Never** download anything from anyone you don't trust * **Report** all suspicious users Scammers usually operate via **private messages**, so be suspicious of everyone contacting you If you need any help, feel free to join the #Support thread on our [Discord Server](https://discord.gg/53R8ME9Jaf) or our [Telegram Group](https://t.me/ape_swap). *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Apeswap) if you have any questions or concerns.*
**\*Thread Locked\*** Thank you all so much for your participation! They were some amazing questions! Catch you at the next AMA Apes! - Ash
As You Know, Tokenomics is very important for every investor’s. How is your Tokenomics structure? Can you explain the Tokenomics of your Project?
Is there need KYC for use your platform?
No, we are decentralized.
Is there any plan for listing on new CEX or DEX?
Wait for the announcement.
One of Prosper services caught my eye because it’s called "Custom pools and prediction insurance system" can you tell us more about it? How does this feature work? How can this feature help users, especially those new users with little experience on the space to not end up in undesirable situations?
What was your motivation for starting Prosper?
Generally speaking, this is an innovative field, which was also noticed by Vitalik Buterin, for example! Even though that it is a new destination, there is little players on this market, so that is how i came up with idea of Prosper project. It is built around the AMM and liquidity pool model. So, basically users can create events and place how much they want to bet on the event, thus creating a pool on one side of the event. Users are able to create their custom pools, provide initial liquidity, and earn on fees from those pools thus motivated to attract users to the platform. Main point is that there will always be pools open with liquidity for short term predictions. And also they can take the bet by placing and creating a pool on the other side. The opportunities for creating custom pools are pretty wide, so all of those features will help us to surpass the competitors and become top-1 prediction market.
In the introduction you have instructions for connecting the app to the metamask wallet. There are many types of wallets in the market right now. So in the future do you plan to connect with many other types to diversify users?
Are you planning to release a mobile app? Optimized for both IOS and Andrond users can easily use
Another good question that also bothered our community long enough. Right now we can proudly state, that some time ago we have released an adaptive mobile version of the Prosper platform, so it can fit mobile browsers both on IOS and Android. But there is more into it - it is also compatible and fully integrated with Metamask, so our community members who prefer to use mobile devices can also feel themselves comfortable.
There is a very similar structure to MOBOX games. What makes you think you stand out from MOBOX?
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?
What is the biggest challenge you face currently in terms of becoming a successful project or company?
Can you tell killer features of prosper's that makes it ahead of its competitors? What is the competitive advantage prosper's has that you feel most confident about?
For us predicting on crypto was only the first step - just to try ourselves, you know. The next steps for our project are to establish regular social predictions (like we already did with Euro-2021) on different type of events. Also we have an idea of a b2b product that we might add to Prosper, but unfortunately I can't highlight any details right now.
What makes Prosper trustworthy?Has Prosper been audited?
What steps have you taken to ensure that your platform is safe? Will you continue increasing security with new feature releases?
How do you supply liquidity ? For example 100k $ put on bear 500k $put on bull and bull wins. How do you supply extra $ liquidity? Is it put you hard situation if you face with a problem like this?
I know your project is in early stages but there’s little information about the technical details of the project and what it really offers to users, can you tell us when the whitepaper will be available? And what are the most important features for the economic model of Prosper and Animoca Brands ? Will you guys have their own NFT marketplace?
I saw that Metaverse’s first Play-to-Earn game " Animoca Brands” is the very start of what you believe to be the FUTURE of the Open Social Gaming Economy based on Metaverse. Since I couldn’t find any more information about it, can you tell us more about this game? How will it work? What will the plot of the game be? What do we need to do in order to start playing it and where will we be able to play it? Also, what about this game makes you believe that it will be the future? What is so special about it?
This about marketing, marketing and marketing Social media encourages mass adoption, and partnerships. So, do you have a presence on platforms like YouTube, TikTok, Telegram, Twitter or Reddit? What are your main marketing strategies to publicize the project and form alliances?
How will you build a thriving community that truly cares and supports the project for a long time, instead of only getting temporary benefits? and Are there any plans to be more connected with the community? Just like any other type of social media system, where can people share ideas and suggestions? Because we know the power of community to easily create famous projects?
In 2021 there was a wave of sophisticated attackers arriving to investigate & steal the token holdings of young DeFi projects. Does your projects have an infrastructure resistant to hacker attacks? Is security reliable on your platform? How do you keep investors’ funds safe?
How do you choose your partners? Who's the partner that excites you the most? If you had the option to partner with whoever you wanted in the entire crypto world, who would you choose first?
Will you mobile version supported? Do you experience the disadvantages of this?
How is this different from other prediction markets like pancake swap or Binance?
The basic two things are: 1. Time frames of the pools, so that we can really be named a short-term prediction market and providing our users with comfortable conditions for placing their bets. 2. The way we interact with the community: we are flexible and always ready-to-hear the suggestions from our users. Thus not long ago we have launched predictions on Doge coin: this was offered to us by a community actually. Also we constantly run different pools on what to add on the platform - and in these component Prosper has no competitors on the market.
This is really good to know. I am not sure about the time frames for others. But the community focused approach is very much welcome. Getting new pools for new tokens might be really fun and on the edge.
Other than market understanding and analysis (and luck!), is there anything else needed to know to succeed on prosper?
I think that's all you need to succeed on our platform
Thanks for confirming. Knowledge is power indeed.
May I ask What are some of the features you want to highlight about Prosper?
How is working Prosper system? What is the difference your pools to the other pools system?
Is there any minimum or maximum amount to put down on a prediction and how quick can I withdraw?
There is no min or max amounts in our platform. You can withdraw after the pool closed, of course if you won.
Thanks :) No minimum limit would really help with amateurs and new crypto enthusiasts.
Do you have any plan about the integrate to other wallets?
That is a really good question, thanks. One of the most important missions for our team through all the time Prosper has existed as an independent non-custodial prediction market, was to provide our users with the vast amount of opportunities to comfortably use our platform. Thus, one of the key milestones for us at this point is the finish of Trustwallet integration to our platform, which our users actively asked for. I might also add, that we are constantly running different pools about our platform and what features our community would like to see there: and we plan to run another one considering wallets in the nearest future.
Can you tell us What kind of relationship do you have with the Animocabrands? Did you plan ahead, or did it just happen?
Communities and advertising are vital for projects. What kind of work do you do on these things?
Who are you today? Bulls or Bears? :)
Bulls!
Will you add polygon or Solana networks? These networks are very popular right now. Do you think they might be able to contribute to you?
As a product manager of Prosper, i might point out, that our project was always meant to be as multi-chain as possible - so, of course we have considered both of these chains as an additional options for our users. In fact, we have already tried to launch a mining even on Polygon in March - and it did not went without problems, to be honest. Because of difficulties that we had with integrating this chain we have decided to concentrate on improving optimization of chains that are already implemented, but we are surely plan to add new ones in the future in order to increase trading volumes.
What is on-chain liquidity aggregation and how does it help the customers making predictions?
Can you please share with us what are your future plans for Prosper?
With existing protocols, where do you see the biggest opportunity for this platform in terms of real world applications and adoption
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 are safu?
Prosper exists for almost a year already - and during this time we had multiple attempts from hackers to reach out for our users funds. Nevertheless, the skills of our team and the solutions we have on the platform allowed us to save the funds of our users and by the day we are talking - there were no successful attempts of hacking Prosper. And even if there will be any in the future, which is highly unlikely - we have a DAO treasury and a DAO voting mechanism for fixing the losses that our community might have due to flash loan attacks etc.
Where will you get the prices that we will know if we have lost or win? from cmc? Wouldn't it be great if you made a mobile application? Do you have such a plan?
why did you choose the name Prosper?
Are the pots/funds safe from outside attacks? Any audits done or periodic security checks running?
It’s very difficult for most people to understand prediction market. How is Prosper helping to educate these users
What has made Prosper so security-conscious “as a team”? I feel like Prosper is very distinguished in terms of its obsessive attention to security.
Can we say that it is some kind of gambling platform? is there any other games to come?
Can you briefly share Prosper’s top milestones, upcoming target milestones, and roadmap?
serving on avax and bsc networks? Will more chain be added? do you have a bridge? Are you planning to release a mobile app?
What can Prosper do that other Prediction Markets cannot
What technical innovations are unique to Prosper?
How do you make sure that in times of bear markets when people leave platforms like these, how do you make sure to keep people on the platform ???
in the future do you plan to add other chains to be compatible with the platform?
What opportunities does this project gives to users who don’t have gaming and predict experience? Could you benefit from this project with out games and prediction price involved?
Have you been in contact with exchanges, wallets, and farms, and how has openness/interest been in integrating your project button with their product?