AMA RECAP IDCRYPTO X Hertz Network
Speaker : Allen Cruze (Head Of Marketing)Date : Thursday June 24th, 2021
THERE IS 3 SESSION FOR AMA1. INTRODUCTION2. QUESTION FROM TWTITTER3. FREE ASKING
SESSION 1 ( INTRODUCTION )
ID CRYPTO:
- Please introduce yourself and tell how you started a crypto business to the idcrypto community !?
Allen Cruze:Well firstly I am Allen Cruze from The Hertz Network Team. I started with the Hertz Network as a community member and stepped up to be in marketing to help with content creation and social media. The HTZ product was in development at that time and I was able to trial it and found it to be a very good example of blockchain technology with modern features, so I felt confident that it is a product that can succeed in the competitive market of blockchain.
ID CRYPTO:2. Can you explain what is Hertz Network and how long your project launch? Please explain in simple sentences.
Allen Cruze:HERTZ NETWORK is a fast, feeless, and DeFi blockchain protocol powered by EOSIO — allowing users to create custom tokens with ease. HTZ coin is the native chain of Hertz Network blockchain.Hertz Network started its telegram group on January 9, 2021 with fewer than 100 members. Since then, the community has grown to more than 10,000 members, and now it has over 10,000 registered users at its website.
ID CRYPTO:sounds interesting, it’s growing so fast.3. Can you share with the community, what Hertz Network has been doing from the roadmap ?
Allen Cruze:Sure, We launched our main net in March 2021 with our desktop and web wallets.We are now listed on 4 exchanges: xt, dex-trade, IndoEx.io and FinexBox.HTZ will be listed on Coinsbit tomorrow, and we have 2 more exchanges coming up in the coming weeks.So, we will be on 7 exchanges by mid July.Our token creation tool is completed awaiting to be launched with our DeFi Platform in July.Our plan in Q3 includes NFT creator and marketplace.You can see our roadmap.
ID CRYPTO:Very happy to know your progress, I hope here can make more succesfull development in the future.
SESSION 2 ( QUESTION FROM TWTITTER )
ID CRYPTO:
- on autostake site i see there was a calculator tomake some imulation if we hold it. but i want to know is it holding was for a month or just calculated from your last balance ?from u/hachiman_tenko
Allen Cruze:ok, It will be calculated from the balance in the eligible wallet at the time of snapshot, the snapshot times and dates are listed on the site.
ID CRYPTO:2. on your roadmap there was some plan was completed and some of them still on progress. but i see your plan still on this year, so how about next year ? what your plan for the development and etc ?from u/blackcrow_vs_sw
Allen Cruze:In 2022, we aim to expand our community by developing a supporting system for those who create tokens (HRC-20) on Hertz Network platform. At this moment, we are focused on making sure that we achieve our goals in 2021, so we have a strong foundation for future growth in the coming years.Since anyone can use the token creation tool to create HRC-20 token with ease and trade them with HTZ on DeFi Platform almost instantly, we believe that HRC-20 will attract more users to join Hertz Network community.
ID CRYPTO:Awesome, convincing answer, Next question.3. as i see hertz network was open donation for support marketing and listing. can all member know all the progress from this donation ? or it will br private for who do donation ? because before this i see some project do same thing but just no comment on itfrom u/becomeneq_hyipe
Allen Cruze:Yes, members can see the progress of the donation. The donation addresses are publicly available, and we haven’t moved any donations from the donation addresses yet.
ID CRYPTO:Very good, this is indeed very transparent, We should be sure that your team is really open for any informations.4. HTZ Coin HRC-20 Token HTZ ERC-20 HTZ BEP-20 My question is how do you focus HTZ tokens with different networks?from u/suusan81
Allen Cruze:Our key focus is on HTZ native coin which users can experience the full capabilities of Hertz Network blockchain. The native HTZ coin is feeless and takes less than a minute to confirm. HTZ is required for creating a new token on the Hertz Network, and can be used to swap with HRC-20 tokens on our DeFi platform.The alternate HTZ ERC-20 and HTZ BEP-20 options are complementary to the HTZ coin, and are designed to provide flexibility and convenience for users who prefer to manage different crypto assets in one wallet. By having HTZ ERC-20 and HTZ BEP-20, users will have options to trade HTZ on different DeFi platforms.Users will be able to simply change HTZ from one network to another at some exchanges and Hertz Network DeFi Platform.
ID CRYPTO:this is very impressive sir, it can make BSC or ERC fans will have the opportunity to own rights to HTZ tokens, and hold in one wallet, Okay last questions.5. What is the concept used by the Hertz Network? Is it POW or POS based?Please complete your answer with a simple reason.from u/reykhanz
Allen Cruze:Hertz Network is developed from EOSIO software. It is DPOS delegated proof of stake which is fast, feeless and scalable.
ID CRYPTO:Cool, I think your choice is very good, it can attract users because of the cool advantages.
SESSION 3 ( FREE ASKING )
snop:Currently there are many blockchain projects, what will be the reason for your Hertz Network project to be widely used in the future?
Allen Cruze:Our goal is to humanize blockchain, and reach out to the general public. Our wallets and tools are design for people who have little or no blockchain experience to be able to use with ease. For example, anyone can use our token creation tool to create a new token in just seconds.
Rasel Hossain:Every project has interesting stories before it is created. So can you tell people about the story that gave you the motivation to build and develop a great project like yours?Any airdrop System for token holders?
Allen Cruze:The team come together with the vision to make blockchain accessible beyond the blockchain communities. Our team members are passionate and have fun trying to make something really unique. Our token creation tool will allow people to make tokens for their clubs, schools, and communities. The Autostake rewards will be distributed to holders for the next 8 quarters and holders can earn up to 4X of their HTZ bag if they start holding HTZ today.
JUANG:Investors need to fully consider the current market volatility. With this in mind, what target audience are you pursuing? Can project Hertz Network change the entire market? Will you create a magic?
Allen Cruze:We’re thinking outside the block and are determined to create an inclusive community that welcomes those who have no experience in crypto before. With that in mind, our products and tools will have a different touch and feel. We would like to invite you to see our website and stay tune for our soon-to-be-launched DeFi and Token Creation tool. Maybe we can create a magic together!
Sbhub sho:I know Hertz Network has a plan for almost anything related to a good crypto project, but I’m curious where that great confidence comes from? Why should investors trust you?
Allen Cruze:The community will be the best to judge if we can deliver. We can’t demand trust, and it’s needed to be earned. We are confident because we know our capabilities. We would like to invite you to join our telegram group and see how we progress, so you can have the first-hand experience with our commitment, progress and potential.
Sun Ly:Hertz Network is a great project..but we know that sometimes the token gets burned and it increases the token’s value. Does your token have any Coin Burn / BuyBack system, or do you have that plan to increase the value of your token and attract investors to invest?
Allen Cruze:Yes, we plan to increase value of HTZ by carefully balance supply and demand. The autostaking will encourage people to hold. If you visit any of the exchanges that HTZ is listed, you will see that the sell orders are rather thin because many holders hang on to their bags. While we are not able to guarantee that that value will rise, we would encourage anyone to take advantage of being an early adopter. We highly recommend everyone to spend sometime on our website and join our telegram group, so you can decide for yourself if the risk of holding HTZ justifies the potential rewards.
Thanks for a great AMA IDCRYPTO
