AMA Recap: The Crypto Blade x DevilCrypto
Host: Good day everyone, we are happy to have Devil Crypto to our live AMA session today. We have Mephisto, Diabolus & Old Scratch with us to talk more about their project Devil Crypto.
Host: Welcome to The Crypto Blade Community
Mephisto: We’re ready :)
Diabolus: Excited to be here to talk about DEVL!
Old Scratch: I’m excited to talk to you all :) good morning from where I’m at 🔥
Host: Let’s start the AMA session, Are you ready?
Mephisto: We’re ready :)
Diabolus: We’re ready
Old Scratch: Ready
First Segment: Introduction:
Host: 1. First of all please introduce yourself, Your background and share an interesting story of how you got into crypto?
Please write “done” once you complete your answer!
Mephisto: I’m Mephisto, I’m the Lead Tech Dev for the project — responsible for developing our dApps and smart contracts. I’ve been involved in crypto & DeFi for a while, starting with following bitcoin just around two years after it was released. I always followed crypto here and there, as I have always been fascinated by the intersection of finance and tech…but what really got me into crypto was DeFi. I started mining ETH a few years ago, and in studying ETH and learning more about smart contracts and their potential — I became deeply involved. Mining was very fun, I even set a computer on fire and all that overclocking it, but realizing the revolution that DeFi presents to the world honestly hooked me.
Diabolus: I’m Diabolus, I got into crypto way back in 2016 with a little bit of Bitcoin, but really started in 2017 when I started looking into interesting altcoin projects like ENJ. I have a background in game development, project management, and education
Old Scratch: I am Old Scratch, Head of Marketing and Community on DEVL! It’s my job to get DEVL to a dollar so that we may all reap the Rewards of our token!
I got into crypto around 2017 when I was hearing about bitcoins rise in the price on the news. From there, I bought altcoins and became obsessed
Host: 2. Briefly enrich our audience about the main concept behind “DevilCrypto” How long you’ve been building this?
Mephisto: We came together and started this project in Spring 2021. We worked on designing and developing what our token and project would be for about half a year before announcing our token in October and launching in November of last year.
Basically, DEVL is a reward and utility token that gives generous incentives for holders. Our token is designed to pair proven incentive mechanisms on the Binance Smart Chain network with robust economics and unique features.
The goal of our project — the utility side — is to have our token be the center of an ecosystem of dApps designed to make DeFi easier and more accessible to all people.
Diabolus:
Old Scratch:
Host: 3. Please introduce the $DEVL token economic system, and what are the utilities of your token. Also, please more details about its sales and listings and where we can buy now?
Mephisto: I can take the tech side of it and my colleagues can cover sales 😈
We’re very serious about development — if you check out our roadmap on our website, you can see the full details. But the primary utility of our token is to answer the question — how do you make DeFi easier for experienced users, and more accessible to people totally new to crypto?
Which is why our roadmap includes a fiat-to-crypto gateway of our own (which will allow users around the world to swap their DEVL for fiat and vice versa.
Our plans also include an escrow service, a dApp to better keep track of your tokens and crypto assets, and of course — the easiest-to-use wallet in crypto.
But even right now — you can use a 3rd party fiat gateway on our dApp, you can stake in our single-staking Dapp called the Vault, which rewards both BUSD and DEVL, and we are also working on an extensive governance structure which is partially deployed on our dApps.
As you can see, we’re a development heavy project that is aiming to be not only part of everyone in DeFi’s portfolio, but the token many new people to crypto first hold and use.
For now, you can buy us on Pancake Swap.
Diabolus: You can buy on Pancake Swap:
Token Contract Address:
0xD280e0Fea29BcAe6ED9DD9fb4B9e5Fa90F5C249D
Or use our fiat on-ramp which is part of the Daaps we have. We have daaps like this to make the process of getting Devil (and therefore getting into DeFi) as simple as possible for the average person — which is our long-term Mission. Daaps at:
Devil Crypto (https://www.devilcrypto.io/)
Home | Devil Token | Devil Crypto
Devil Token (DEVL) is a rewards and utility token designed to make DeFi more accessible to all users. Welcome to DevilCrypto.io.
Old Scratch: You can buy DEVL on Pancakeswap now, AND WHAT'S REALLY COOL, you can buy DEVL with a Credit Card in our gateway dapp right now, all in one window, making it really easy 😀
Host: 4. What advantages do you believe you have over other competitors, Can you tell us the motivations and benefits for investors to hold your tokens in the long term?
Mephisto: Great question
With DEVL holders are able to earn lucrative rewards fueled by a revolutionary ecosystem of products that solve many of the current issues DeFi users face.
We’re asking people to be early to a community that will become known throughout the space as the go-to solution for trading crypto with fiat currencies, keeping track of your tokens and NFTs across multiple chains, creating secure transactions and agreements with other users through an escrow service, and ultimately — the most user-friendly wallet in crypto.
DEVL isn’t only aiming to become a part of every Defi user's portfolio, but through its easy-to-use technology, it will become the first token users totally new to DeFi — and even crypto — will hold.
Through holding DEVL, you will have access to the benefits of 3% staking rewards, 3% reflected rewards and the price pressure of 3% of all transactions going to liquidity. At the same time, you will be able to weigh in on the token’s future, through a governance system that will ultimately give holders — not developers — control of the token.
Our plan is simple, and with only a 666,666,666 max token supply, we’re aiming DEVL to a dollar.
You can ask our community, but we’re a very dedicated team who is always looking for new ways to improve, grow, and pursue our goals and achieve for this project and our wicked community of DEVLs.
Host: 5: Now would you mind telling us more about your project’s milestones and plans for the near future?
Mephisto: Our full roadmap is on the website, and I mentioned a bit of these above.
But one of our more recent milestones is to release an escrow service for DeFi. Devil Deals will be an escrow service & marketplace for holders to safely transfer DEVL tokens to others, as well as list and securely contract for services, such as graphic design or products, such as custom NFTs.
This year we will also be founding a DAO, that’s a decentralized autonomous organization or major governing body to really own the token and project in a decentralized way.
Most excitedly — we’re working on our own fiat-to-crypto gateway and wallet app that will not only be way simpler to use, but also owned by our token’s community.
It’s going to be a very exciting year. People can go to our website for a full roadmap.
DevilCrypto.io
2nd Segment: Questions from Twitter Announcement:
6: The concept and image of this project are very striking and particular. My question is, where did the inspiration for the development and setting of DevilCrypto come from? Does it mean something special for its developers?
Question by crypto_odeb
Old Scratch: From a marketing perspective, the main concept of the image was to represent “rebellion” which all crypto users are a part of. Many governments and big financial institutions are cracking down on crypto due to how powerful it become.
Well, the devil is the most recognizable rebel in many different cultures around the world. The name stands out and gives us a marketing advantage, and of course, it’s all in good fun and the name is not meant to be taken super seriously 😀
The development goal of the project was inspired by the terrible 2021 summer down turn in the market, and we wanted people to be incentives to hold. It was from there Mephisto came up with our staking dapp, the Devil’s Vault. Which is out now and being used 🔥
7: Part of your roadmap includes that this year, DevilTheCrypto will be implementing NFT features and products into its ecosystem. Can you tell us more about what to expect from your NFTs?
Question by 0JeanWayne
Mephisto: We don’t have a direct NFT market currently planned, but we do believe NFT’s fall into our mission of making DeFi easier and more accessible to people. Our Devil Deals dApp will help NFT creators or those purchasing graphic design by making it way easier to buy and sell these assets. We will also be having a dApp that helps you keep tabs on how confusing it can be to keep track of NFTs and tokens across one and multiple blockchains.
Diabolus: We’re very excited about the opportunity NFTs can afford our project particularly with its unique name and unique supply of 666,666,666. I have been in contact with several high profile NFT developers to discuss the potential of getting NFTs under the DEVL moniker produced. Ultimately, the escrow service on our roadmap is a service that we feel can particularly be used by NFT creators, as @Mephisto_DEVL2 can and has elaborated on
8: Many of today’s platforms are trying to get attention not only for the name of the blockchain but for the benefits you provide. My question is, why were they inspired by the DEVIL Name? Do you think it will be attractive to those investors who show a religious interest?
Question by SharayLug
Mephisto:
Diabolus: There are many brands that do feature a similar name that is successful and commonplace, an example would be the “dirt Devil” (vacuum.) Ultimately, we’re actually a wholesome project with a legit team and legit tech behind us — people tend to realize we are “Devil” in almost a rock and roll sort of way.
Besides, we feel the name ultimately attracts more than those it turns away, and it’s always a topic of conversation people being up — which makes the project immediately memorable. We feel in our mission to get Devil Token to $1 dollar, this will not impede but will in fact help us by creating a memorable brand, a conversation around our token, and a means for people to participate in something that has the true edge that DeFi represents.
Old Scratch: Like I said earlier, the name and image are actually very popular, especially in the United States. It’s similar to the project “The Dirt Devil” vacuum as its not meant to be taken seriously.
Those of religious backgrounds and love crypto still gravitate toward our project. In fact, you can see a doxxed interview with Mephisto by Cowboys of Crypto, who happens to be a pastor and he loves the idea! A mission or making defi easier while having a great name!
You can check out our dapps now in our telegram using the /dapp telegram 🔥😈🚀
Our name isn’t scary many people away at all, and the defi space is saturated with names such as “baby”, “floki”, and “Inu” everywhere. Our name is unique and stands our from the over-saturation in the market
3rd Segment: Live Questions from Participants
Q1: For a project development first of all main priority is having enough funds. Does your team financially capable to run this project? Do you have enough fund for its development Can you tell us that how your project generates profit?
Question by CarriBolen
Mephisto: Yes! We have our own funds invested, and as holders, we also are staking in our vault so that as the project grows we get our share of BUSD and DEVL rewards from the ecosystem, meaning we can earn revenue for the project without dumping tokens :)
Q2: Did you consider community feedback/requests during the creation of your product in order to expand on fresh ideas for your project? Many projects fail because the target audience and clients are not understood. So I’d like to know who your ideal consumer is for your product?
Question by Anne_chism_1992
Mephisto: Community feedback is huge! A lot of our project has been totally shaped by the community. In the future, DEVL will become truly decentralized and owned by the community.
Q3: How Do you plan to promote your project in different countries, wherein English is not spoken well? Do you have local community for them to better understand your project?
Question by VallieCurtin
Old Scratch: We currently have a few devil telegram communities in different languages. One in Chinese and the other in French. We are currently searching for an Indonesian one. So bringing DEVL to other countries and cultures is important to us, as the defi space is shared for all of us, and making it easier for others is a top priority for our team 😀
Q4: My question is about your long-term marketing plans. How, or through which big partnerships do you plan on utilising to pass your product onto the normal — especially non-crypto people?
Question by GenovevaHayward
Diabolus: We see the Devil audience of buyers in 3 tiers — those familiar with DeFi (like here on this AMA), those who are familiar with Crypto but not DeFi (I.e people who uses CEXs and hold crypto on an exchange), and lastly, those who don’t own any crypto or know anything about DeFi.
Attracting members in the first two tiers is possible via AMAs and following the crypto marketing protocols of other projects, but we think we’re in a unique position to advertise to the third tier.
We’ll be announcing partnerships shortly with a new Dev we’re bringing on the team, and the promotion of our YouTube channel where we’ll be creating content for non-DeFi users to learn about everything from staking to news about other projects. If you’re interested in following that, our YouTube channel is here:
YouTube (https://youtu.be/Bg5-Ck5yluM)
What is Devil Crypto?
Is this token actually ABOUT the Devil? Sorry to spoil it, but no — Devil Token (DEVL) is a smart token on the BSC Blockchain that aims to be the first DeFi token that people who’ve never bought or
Q5:What are the competitive advantages of your project? What advantages do you have over competitors? What would be your project secure most similar contender in the market today in terms of scalability, security, features, and adaptability?
Question by amado_gaston
Mephisto: I think our greatest advantage is our approach paired with our tech. We have the capacity to have investors outside the crypto space, which is well beyond the 2 trillion market potential currently in crypto.
Q6: A lot of scam projects lately. Pulling the rug creates a loss for investors. why should we trust your project? Aren’t you going to do the same??.
Question by HoleeFukc
Old Scratch: For one our team is KYced and our lead dev Mephisto is fully doxxed. He also works in politics so if we were to rug, it would have severe consequences. We have a very honorable story to tell compared to other crypto projects that shows how legit we are. You can join our telegram to find out more :)
Host: Thank you so much for the very detailed answers!
