AMA Theme : Introduce
Prasaga
Date : 1 December 2020
Vanue : CRYPTO EXPERT ORGANIZATION
Spokesman : ~Michael
Holdmann – Founder & CEO Of Prasaga
~Jay Moore – Co Founder & CMO Of
Prasaga
CRYPTO EXPERT
ORGANIZATION :
Well sir, I hope you enjoy AMA today with our community
Are you ready to start this AMA sir?
Ah it looks like I forgot something. Can you introduce
yourself and your point of view to the community sir?
Jay Moore :
I’m a massively parallel entrepreneur, Prasaga marks my 12th
new venture, I have enjoyed creating everything from an Internet Service
Provider (ISP) and a graphic design firm to a franchise restaurant chain and
game streaming middleware.
My largest success was at GarageGames where we changed game
development, coined the term “Indie Games” and built a community of 250,000
indie game developers in the early 2000’s.
Prasaga is by far the most exciting venture I have ever had
the privilege of being a part of to help make a better future for all of us as
I see blockchain as the key to so many innovations and improvements to our
global quality of life.
We have been working on this project for 3 years and now we
are very excited to tell the chance to share with Crypto Expert community about
Prasaga and the DataGrid Blockchain. Someday I predict you will tell others you
heard about Prasaga in an AMA before they had even launched on DeFi pools.
Michael Holdmann:
Hello very nice to me here.
I am Founder & CEO of Prasaga. I have been involved in
technology sector in Telecom, Network, Internet, Software for 5 decades my
focus as strategist, biz dev, evangelist, and visionary.
Prasaga is my 4th start up.
I started a mission to create a ubiquitous, decentralized,
open, equitable, technical foundation that would allow all everywhere to participate on a global playing field. My
first endeavor to solve this was an Application Service Provider (ASP) in
mid/late 90’s, what we call cloud today.
For the last decade I have been collaborating for
international open standards for the Internet of Things to ensure the ability
for anything to talk to anything or anyone regardless of data model, protocol,
platform or provider.
What I discovered was the need to Decentralize the industry
to ensure the citizen was in power, not large walled gardens run by the FAANG.
This is what Prasaga will deliver to the world. The
foundation for all transactions, financial or other.
CRYPTO EXPERT
ORGANIZATION :
Alright friends, those are the introductions of the 2
Prasaga project hosts 👌
Thanks for the introduction
Thank you to Mr Jay and Mr Michael
Well I will start the first session of this AMA yes that's a
question session from the host
Are you ready sir? @michaelholdmann @TheJayMoore
Jay Moore :
We are ready!
CRYPTO EXPERT
ORGANIZATION :
Very good 👌
okay
Q1.Could you explain a little about Prasaga? and what Is
make it different From another Project?
Jay Moore :
New Native Chain and a New Coin Project building a community
of Developers, Miners, Token Holders.
We’ve designed the next evolution of blockchain
architecture. A blockchain that actually achieves the promise that all
blockchains have aspired to. One that provides the highest level of resistance
against attacks. One that rewards its ecosystem of contributors. And, one that,
perhaps most importantly, scales in throughput as more resources are added to
the network, providing the maximum possible increases in speed.
The DataGrid Blockchain catalyzed by our eXtensible
Blockchain Object Model (XBOM) an Object
Oriented Blockchain™️ (OOB™️) builds a ledger that puts the coding, execution
and settlement of all asset transactions directly onto the blockchain —
delivering an evolved approach to Smart Contracts that provides increased speed
of development, higher quality, and a future proofed development
infrastructure.
Easy is good. Your phone, your computer, and your smartwatch
all have operating systems that make it easy to develop for and to use. That's
good. But the Blockchain is hard. We need the Blockchain to be easy. Easy to
use. Easy to develop for. Now it is. XBOM is the operating system for the
DataGrid Blockchain, and XBOM makes it easy to develop for and to use the DG
Blockchain.
We are currently offering a private pre-sale for our DeFi
Liquidity Pool campaign which we will unlock over a 12-month. Our community private sale will be have a $5k
min and we will announce our whitelisting soon.
Please DM @michaelholdmann for any questions on private presale.
CRYPTO EXPERT
ORGANIZATION :
Okay, sir, if you have finished answering, don't forget to
say
( DONE ) 👌
Jay Moore :
[done]
CRYPTO EXPERT
ORGANIZATION :
Next
Q2. What achievements has Prasaga achieved so far? Then,
what is the next big step for Prasaga to take?
Jay Moore :
* Research, design finished in Jan. 2019- 200+ of pages,
100,000 word notes documents of all major chains and projects scaling,
consensus, economics (monetary supply, tokenomics)
* Wrote design of tech, submitted 4 patent pends
* 2 patent pend. XBOM™️ and XSOA™️
* Design an First Class Object Model, Decentralized GlobalOS
and Object Oriented Blockchain™️ (OOB™️)
* State resides with account objects, we can move accounts
and all individual account state from parallel chain to parallel chain.
Next DeFi pools, Mainnet and the DataGrid Collaborative
CRYPTO EXPERT
ORGANIZATION :
A very detailed explanation for question 2, please continue
Q3. Could you please provide some progress on your Roadmap
and what results Prasaga has achieved so far?
Jay Moore :
We have a roadmap that we have followed for the last two
years. We have met all of the major milestones on that plan. Our next steps are
to complete the DataGrid Blockchain (DGB), mainnet; DataGrid Collaborative Labs
and starting with pre-sale for the defi pools (no USA citizens can
participate).
Next year will be a great ride, getting testnet launched,
building our international DataGrid
Collaborative and build LABS (our community) in each key region around the
planet
https://t.me/CryptoExOr/93884
CRYPTO EXPERT
ORGANIZATION :
The answer is very fast and precise, this is very detailed,
guys, continue
Q4. What are the benefits we get from buying and holding
$DGT?
Jay Moore :
Prasaga is a long term project and look for the token
purchasers to look for holding. Prasaga's mission is to create a stabilized
global currency that enables exchange of assets or purchase of goods globally
with reduced friction of antiquated banking systems.
The economic model creates a token to invest in which will
morph into a currency to invest with over a 10yr. or less timeframe.
More available in our White Papers
CRYPTO EXPERT
ORGANIZATION :
Looks like here Mr. Michael is enjoying a cup of coffee
while watching Mr. Jay answer 👍
Well continue to question 5
What other innovations can we expect from Prasaga in the
next few years?
Jay Moore :
We will continue to work in the HyperLedger enterprise
blockchain arena and announce key partners in the fortune 50 and contributions
to the industry consortiums and standards bodies. In addition we’ll be creating
partnerships with a broad range of purpose and profit driven accelerators and
incubators in the blockchain space.
CRYPTO EXPERT
ORGANIZATION :
Okay, sir @TheJayMoore @michaelholdmann This first session
is over. Are you ready to move on to the second session, are those 5 best
questions from Twitter?
Jay Moore :
Taking a breath
Yes!
CRYPTO EXPERT
ORGANIZATION :
SESSION TO 2 BEST QUESTION FROM TWITTER
Q1. From : @davidliefi
How does Bridge Account work to enables association chains
to engage with the opened ecosystem? And how did Prasaga deal with the state's
regulations?
https://twitter.com/davidliefi/status/1333500638018170881?s=19
Jay Moore :
Association Accounts will function as Bridge Accounts. A
Bridge Account enables private association chains to engage with the opened
ecosystem, enabling enhanced security and immutability of all transactions on
both sides of the Bridge in two ways.
Bridge Accounts can be a private permissioned chain, only
sharing the PoW hashpower security and contribute to the DGB economy valuation
via high level commerce metrics for digital GDP recorded from associations. No
incentive rewards, transactions fees, or anything will be paid internal to such
Associations
CRYPTO EXPERT
ORGANIZATION :
Alright sir, I want to say for those of you who saw this AMA
please understand carefully this Prasaga project guys
Q2. From : @ApaguJohan
Prasaga was founded at 2017. How have you been able to
survive this longest bear market and continue building and developing cos many
projects have died out in this time period?
https://twitter.com/ApaguJohan/status/1333283124181041152?s=19
Jay Moore :
We raised an 850k token round in Spring of 2018 and were
pursuing a larger ICO round when the crypto winter set in. We’d also discovered
that we wouldn’t be able to take our IoT/SmartCity data marketplace project
onto any other blockchains as they all had serious scaling issues we didn’t see
being resolved - as Etherium 2.0 is revealing now.
We’ve had 20 new ventures between us and I used the success
we’ve had in those to self-fund our R&D phase and get all our new
inventions patent process started and create our MVP of XBOM (our most
important for scaling component) out on HyperLedger an enterprise permissioned
chain that doesn’t support a crypto token economy.
CRYPTO EXPERT
ORGANIZATION :
Continue
Q3. From : @yavuzarslant
Will Prasaga executes an interoperable cross-chain network?
Will it holds access to Dapps? If ETH has ERC20, what type of token will those
be in Prasaga Chain?
https://twitter.com/yavuzarslant/status/1333374006830002176?s=19
Continue
Q3. From : @yavuzarslant
Will Prasaga executes an interoperable cross-chain network?
Will it holds access to Dapps? If ETH has ERC20, what type of token will those
be in Prasaga Chain?
https://twitter.com/yavuzarslant/status/1333374006830002176?s=19
Jay Moore :
Regarding Cross-Chain interoperability, The DataGrid
Blockchain is designed to be a multi parallel blockchain with the limit of
chains executing parallel processing only restricted by the network bandwidth,
(not like ETH 2.0 92 chain restriction).
Smart Contacts are sooo 2018 and need to be reimagined.
Blockchain needs to be as easy to use as any digital device you have today
which is why we built XBOM an Decentralized Operating System.
CRYPTO EXPERT
ORGANIZATION :
Q4. From : @KevinSalom1
🔥 Just as the Ethereum network has been used as a base
for the creation of hundreds of tokens today, would DataGrid Blockchain be able
to be used for the same purpose? If so, what would be the advantages?
https://twitter.com/KevinSalom1/status/1333565033075388416?s=19
test tests are you still here sir @TheJayMoore
@michaelholdmann
Jay Moore :
Yes
We will be able to have tokens launched on the DGT. We will
provide greater Scaling. Security and a more stable gas price as we build a
stabilized currency.
CRYPTO EXPERT
ORGANIZATION :
I thought you were making coffee 😁
Jay Moore :
Tea
CRYPTO EXPERT
ORGANIZATION :
Well continue to the last question of this session
Q5. From : @sinchanes
I read in your whitepaper that any entity can build a
marketplace on top of Prasaga, what benefits and tools does the Prasaga
blockchain provide and why should they build on top of Prasaga?
https://twitter.com/sinchanes/status/1333694363839258624?s=19
Jay Moore :
The DataGrid Blockchain has the unique advantage over all
others with our XBOM. What the XBOM technology create is an Blockchain
Applications Framework built on top of a Decentralized Operating system that
enables a Single Instance class tree (Microsoft Windows Tree) allowing
developers to build application in a first class object model. The approach
means the underlying blockchain tech is not relevant to developer or end user
and the code on the blockchain is reusable and versionable with full dynamic
loading across all nodes.
CRYPTO EXPERT
ORGANIZATION :
Well, I hope you are satisfied with the 5 best questions
from Twitter that we have carefully selected, sir 👌
Jay Moore :
Please join: Telegram Channel: https://t.me/prasagaofficial Please
join: Telegram Channel: https://t.me/prasagaofficial
CRYPTO EXPERT ORGANIZATION : CRYPTO EXPERT ORGANIZATION :
Alright friends please join if you don't join you will get a
lot more knowledge about this project
Jay Moore :
Thank you for the great questions
CRYPTO EXPERT
ORGANIZATION :
Alright sir are you ready for this final session? IMPORTANT
RULES‼️
1. All members may send maximum of 3 questions
2. May not copy the inquiries from previous AMA
3. Must Join this Group (will be checked)
🔹 @prasagaofficial
🔹 @CryptoExOr
The Channel:
🔹 @CryptoExOrChanel
Follow Twitter
🔹https://twitter.com/PrasagaOfficial
🔹https://twitter.com/CryptoExOr
❗️We'll
open the chat feature for 60 seconds, so people can ask questions directly.
❗️If
you don't follow the rules you will be disqualified and unable to get the AMA
reward.
I will open the chat in a countdown of 5 to 1
CRYPTO EXPERT
ORGANIZATION :
Alright, thank you for your question friends I have closed
the message again
@TheJayMoore @michaelholdmann Please choose the best 5
questions from the many questions, sir
Don't forget to enjoy the coffee and tea 👌
Telegram
username @IntelligentDetective:
What are your plans to educate and raise awareness and
adoption among the community to make more people understand DGT Token and its
technology?
Jay Moore :
We believe that a vibrant community is key. We will be
building the DataGrid Collaborative and more importantly we will be sponsoring
Labs in every region for local participation and engagement of entrepreneurs,
developers, miners and token holders. Our desire is to identify the most
passionate and committed community members who want to be with us long term to
help improve our quality of life all around the planet.
CRYPTO EXPERT
ORGANIZATION :
Congratulations to the first winner 👌
@IntelligentDetective
Telegram
username @Eliasbb:
Hi sir,
@TheJayMoore
You said that "Our decentralized
governance allows One person one vote". Could you please explain it more
clearly? How the Governance work on Prasaga? Specially this term "One
person one vote"?
Michael
Holdmann :
This is a very important point for
us. We do not believe the DGB will be
successful with any centralization, we do however understand the need to have
people with subject matter expertise to be helping the community to understand
the issues and present a case for changing anything.
Code is not law, governed code is
law. There must be a way to update the
models of monetary supply. miner incentives etc. over time as we learn better
approaches. This can only be implemented
upon majority or super majority vote of the DGB community.
A one person one vote mechanism allows
ALL $DGT token holders, regardless of amount held, to have a voice in THEIR
community. It will not be based on
staking and you MUST have a certificate in your account to anonymously prove
you are eligible and that you voted to ensure the 1 person 1 vote mantra.
CRYPTO EXPERT
ORGANIZATION :
Congratulations to the 2nd winner
@Eliasbb
Telegram
username @KevSalom:
🔥 Could you explain to me how
would be the most intelligent way to invest in Prasaga?
Jay Moore :
From our perspective we've wanted to
open up token ownership to as many as possible as quickly as possible. Our
$100k min. for 20% bonus on our Private presale we know is high, but our
community presale will be at a $5k min and have a 5% bonus.
We will be announcing this soon with
the KYC/AML forms that will be required.
CRYPTO EXPERT
ORGANIZATION :
Congratulations to the 3rd winner @KevSalom
Telegram username
@BboyForteVZLA:
Many projects rug pulled and exit scam recently. Why should
investors trust your project not to do the same?
@TheJayMoore
Michael Holdmann:
We started this project 3 years ago, we pre-sold $850K in
$DGT spring 2018. The early purchasers asked us to fix the scale issue with
blockchain. We completed R$D, filed 6 patents, pre-released the dev
environment, and testnet. If we were a scam we would have done it in the ICO
days.
CRYPTO EXPERT
ORGANIZATION :
Don't forget to join otherwise you will be disqualified
Telegram Username
Pagli45:
What is business model of your project? How it works? and
Who are your potential customers and which markets are you
targeting on?
Jay Moore :
We are a decentralized foundation model with a community
governance we will have our token offering in Estonia and our Foundation in
Switzerland. We have also established an Enterprise LLC in the US with special
licensing for XBOM on HyperLedger that will produce licensing revenue that will
mostly support the foundation.
CRYPTO EXPERT
ORGANIZATION :
I remind you again, don't forget to join
Jay Moore :
Prasaga Website: https://www.prasaga.com
XBOM Developer: http://www.xbom.io
Facebook: https://www.facebook.com/prasagaofficial
Twitter: https://twitter.com/PrasagaOfficial
Telegram Channel: https://t.me/prasagaofficial
Discord: https://discord.gg/dBTwjpnmDN
Commercial WP- prasaga.com/overview
TechWP - http://drive.prasaga.com/f/09e2368eabf34b87a6d0/
CRYPTO EXPERT
ORGANIZATION :
I counted from 1-3 please join and get your prize
We will wait for the words from Mr. Michael
Okay, sir @TheJayMoore @michaelholdmann Are you satisfied with
your answer or want to add more choices?
Jay Moore :
We are good!
This was a great AMA!
CRYPTO EXPERT
ORGANIZATION :
we are honored to have you say that, sir
We will wait for the words from Mr. Michael We will wait for
the words from Mr. Michael
Michael Holdmann:
Thank you everyone and thank you for taking time to learn
about us and ask the fantastic questions.
CRYPTO EXPERT
ORGANIZATION :
It is an honor to be commended from your real project, sir
@michaelholdmann @TheJayMoore
Okay, thanks to Mr. @michaelholdmann and @TheJayMoore Because I took the time to
attend this event
Alright, are there any words that you want to convey again,
sir? Before I closed this AMA?
Jay Moore :
CRYPTO EXPERT
ORGANIZATION :
Thank you for the closing remarks, I will open the chat in
5-1 Count
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