Crypto Scape
3 min readJan 13, 2022

--

AMA RECAP : CRYPTOSCAPE x PLEDGE
Venue : Crypto Scape
Date : 12 JAN 2022
Time : 06:00 PM UTC.

Guest : Dr.Ren
They shared detailed information and opinions about the Project PLEDGE.

🔴 SEGMENT 1 INTRODUCTION

1.So before we start learning about "Pledge" would you like to introduce yourself first and Could you describe us about your project "Pledge" . What is your project about and how can we see it in action?

Kando:
Pledge is, unlike other defi such as MakerDAO/Compound/AAVE etc, designed as an interest yield marketplace. It is a cross chain, cross border, cross industry ecosystem that enables developers and traders to create a new Wall Street.

So we call Pledge Finance: the World’s Next-Gen Open Finance Building Blocks based on Financial NFT.

I myself worked for more than 15 years in Fintech and have a PhD in AI from a high profile university in US. Before creating Pledge, I was the Chief Scientist for a HK based lending company with global assets of 100B. In Pledge, I am leading the product and engineering to enable massive innovation in ecosystem for financial NFT and open finance.

Pledge is, unlike other defi such as MakerDAO/Compound/AAVE etc, designed as an interest yield marketplace. It is a cross chain, cross border, cross industry ecosystem that enables developers and traders to create a new Wall Street.

Social Media💎💎
Telegram:https://t.me/pledgerfinance
Twitter:https://twitter.com/PledgerFinance
Discord:https://discord.com/invite/eyEhZfEqyy
Medium:https://medium.com/pledge-finance
GitHub:https://github.com/pledger-finance
telegram: https://t.me/pledgerfinance
https://coinmarketcap.com/currencies/pledge/

2. I am a crypto investor and I only care about prospect of a crypto that I chose, tell me the reason why I should choose your token over the existing one? What is your token advantage that can convince me to change from my favorite token?

Kando:
It is all about innovation and TVL

Also we have a tier 1 team and advisors list from Stanford /Berkeley etc.

Some big announcement is going out today. Pls follow our SNS and go to KUCoin to see the news

3. Most of investors just focus on the price of token in short term instead of real value of project. Can you tell us the motivation and benefits for investors to your token long term?

Kando:
First key difference is the financial NFT. Everyone knows about NFT now. But it can do much more. In pledge, we build every loan, bond, insurance over fNFT and enables swap between them. This is to say that every pool we can have thousands of tokens. Currently most Defi such as MakerDAO, AAVE, COMP only have a pair in many pools. So the liquidity is much higher in Pledge.

Second, developers can CREATE their interest yield products here, just like what traders do in Wall street and investment banks. But just easier, cheaper, more flexible and safer. And everyone can do that by using Pledge Protocol, in just several clicks.

4.To what extent have the recent bear market have on the project development and how have you been able to survive this longest bear market and continue building and developing?

Kando:
Institutions across the globe have a need to swap their credit and debt obligation for liquidity and low cost of capital. Pledge aims to service this global financial supply chain via its decentralized ecosystem by building a NFT trade ecosystem that interacts across chains. Pledge Protocol creates a high-speed interoperability network built to address fundamental problems impeding the mainstream adoption from cryptocurrencies to innovative financial assets for real-world financial applications.

so yes we spend a lot in building and developing

5. When will your tokens be listed on an exchange, and on which exchanges do you plan to list on in the future?

Kando:
it is already listed in Kucoin, yes we will consider list in more exchanges.
https://twitter.com/kucoincom/status/1480487581594931205?s=20

Thank you very much, we hope everyone supports Pledge Finance

Thank you from Crypto Scape 😍

--

--