HECO AMA Series Recap — TrustBase
Guest: Ankie , Official speaker of TrustBase China
Host: Andy of HECO
Introduction — Segment I
Today with us we have Ankie from TrustBase. Welcome, Ankie. Could you tell us about yourself?
Ankie: I am Ankie , Official speaker of TrustBase China
Q&A — Segment II
Q 1: Could you tell us more about your project? In other words, what does TrustBase do?
TrustBase is a Polkadot parachain based on the Substrate framework that independently develops the Subscript smart contract language and supports multiple tool plug-ins and smart contract applications. TrustBase is committed to providing traditional developers with a more lightweight language that can easily deploy Polkadot native smart contracts.
Q2:There are many similar out there, some have been quite successful. What is special about TrustBase compared to other projects?
Although Polkadot is the golden track in the Web3.0 era, Substrate’s native smart contracts use a Rust-based ink! Language. The language has a large learning difficult curve, and the ink! contract currently lacks tools to support the development of DApp. There are basically no tools or applications that are easy to use and can safely migrate existing EVM-based applications to the WASM-based Substrate Blockchain. The high threshold of Polkadot Blockchain development makes it difficult for a large group of traditional developers to enter.
To help traditional Web developers and Java engineers participate in the construction of the Polkadot ecosystem without barriers. TrustBase has independently developed Subscript, a lightweight WASM smart contract language. To meet the needs of traditional developers to break through industry barriers and develop Blockchain development business, and to promote the realization of the vision of Web3.0.
Q3: Great, could you give us some info on the $TBE Token?
Token name: TBE
Max supply 1 billion
Token Type: Heco chain
Contract address: 0x0e0ba709a042618eb0d1ad8109b5f0e7dfb6a6c3
Decimal places :4
Circulationg supply on exchanges : 2%
Seed Round：50000000 TBE 30WU
Agency Round：26666667 TBE 32WU
Private Sale：80,000,000 TBE 200 WU
Q4:What would be one’s motive to hold TBE tokens? What can we do with $TBE ?
Anyone who knows TrustBase knows that 50% of our token distribution is produced as mining output. Therefore, the economic model to be released will be completely designed around the mining + Defi ecological design. At the same time, the new economic model will add NFT Staking, Economic contribution and other related benefits enrich TrustBase’s original economic model based on Polkadot and broaden the ecological dimension.
Q5:What kind of plan for TrustBase in the future?
“Metaverse” as a hot concept of igniting the crypto currency market, I want everyone to be unfamiliar. In order to enrich TBE token’s scenes, the
TrustBase ecology is fully launched. In order to better develop the Metaverse ecology, TrustBase has been deployed on the Binance Smart Chain, and will be open to everyone.
At the same time, the economic plan for TrustBase is already preparing In, for the later holders constantly empowered.
Q6: If you were to summarize your project in 1 word, what would it be? Why?
Malleability.
Because TrustBase is a smart contract parachain based on the language subscript of the Substratue framework, no matter it is NFT defi DAPP, it can run very well on TrustBase.
At the same time, TrustBase has cooperated with many projects and will cooperate at the protocol layer in the future to facilitate more developers to enter.
Q7: Awesome. Anything else you guys would like to add before we go into the live questions session?
As a technical project, you may think that TrustBase is far away from you, but we believe that in the process of enriching the use of TBE, TrustBase will bring you more surprises in the future.
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