Recap of 1st AMA on 20 Feb

The first AMA invited ~20 early Pear contributors to PearDAO Discord channel. This is the full recap of the AMA

Q1: What is the inspiration behind the PearDAO 🍐 and where is the idea coming from?

A1: The current crypto sphere is dominated by CEX and DEX. However, we are surprised that not a single project is able to bridge the gap between off-chain and on-chain assets. There are certain exchanges that allow this but none of them is fully decentralized. They are either too centralized in nature, or partially decentralized but lacking in safety and security. We want to start off by solving this problem and addressing the real needs of the people. By solving one of the most difficult problems of all, which is ways to cash in and cash out of the cryptocurrency world, we will eventually enable all types of trades and transactions on our marketplace.

Q2: Don't you think the required staked amount to purchase digital assets on PearDAO should be a bit lower than 100 USDT for some time, just to serve as a discount or bonus for buyers and in order to convenient users?

A2: I think what you want to ask is to adjust the staked amount to be lower than 100 USDT right? Lowering the requirement for the staked amount would definitely serve more convenience for the users. But this is done to prevent any non-serious buyers from placing an order on the market. In the future, these staked amounts will generate revenue for the users so users will be incentivized to do the initial staking.

Q3: Don't you think PearDAO should also be listed in other exchangeable platforms/app such as Binance, Huobi global and others? I think with this the project will be in the sky.

A3: We have numerous central exchanges approaching us and asking us to list our token on their platform once PEX has been launched. This includes some of the more popular CEX right now. There are of course benefits when listing on a CEX but we saw many projects' market value drop after their listing on CEX because of poor development in their products. One of the most important factors that the team is considering is whether the current product feature is able to afford a large amount of exposure and publicity led by the listing. We will definitely be listed on CEX in the future. We are extremely confident in our project such that we will only be listed on the top 5 CEX, not others.

Q4: What’s the minimum amount of PEX I need to hold to be part of the council?

A4: Depending on the actual situation after token launch. We are focused on building some of the key features right now, and all DAO mechanisms will be added following the implementation of all important features.

Q5: In a dump situation, how do you maintain the price of Pex (PearDao)?

A5: That really depends on what is the root cause leading to the people selling the Token. We believe in building the project and the community. So during the event of dumping, our fundamentals and the strength of our community will help us weather through the storm. I would suggest everyone read about the 'Pear Tree Story'. "There was once a man who had four sons. He wanted to teach his sons not to judge too fast and not to give up easily. So, he sent each one of the boys on their way to the same pear tree that was far from their village. The first son had to go in the winter, the second in the spring, the third in the summer, and the youngest son in the autumn. When everyone visited the tree and returned, the father gathered them and asked them to describe what they saw. The first son said the tree was ugly, bent, and distorted. The second son said that it was not possible to be the same tree he had found - he had seen a tree covered with green buds and a promise of fertility. The third son said that what his brothers saw was not the tree - he saw the pear all blooming and radiant, spreading sweet aroma, the tree was so beautiful that it seemed to him to be the most beautiful tree he had ever seen. The youngest son said he saw a totally different tree – full of fruits all over, a symbol of complete life and satisfaction. We suggest everyone look at Pear from the long term perspective.

Q6: Talking about posting ads does that mean that I can sell my Nft on pear DAO and does that mean I have to use Pear DAO heavily before I’m able to post ads?

A6: You don't have to hold a Pear NFT in order to post ads and trade on the Pear Marketplace. As mentioned above, in the near future, whenever there is a staked amount, you will receive APR rewards on those. We encourage all serious buyers and sellers to trade on the marketplace and to resolve their actual needs.

Q7: Do I have to be part of the council before I can propose a partnership/sponsorship?

A7: In the early phase, we welcome any suggestions and ideas from the community. We give higher priority to the proposals from early Pears and Guardians.

Q8: Why PearDAO is called AMAZON of the Blockchain?

A8: Starting from the trade of off-chain and on-chain assets. We will be gradually implementing more features to support the trade of all things facilitated by the Pear Marketplace. This includes but is not limited to NFT trading, becoming the payment systems in Metaverse, and buying and selling of goods and services with cryptocurrencies.

Q9: How would you get paid when you buy and sell cryptos on Pear?

A9: The next upcoming feature will reward users whenever they have completed a trade on Pear. Not only will the user's gas fee be covered, but they also earn PEX tokens from every successful trade on the platform.

Q10: With PearDAO will we be able to trade NFTs and tokens on the same platform?

A10: Yes. NFTs, Tokens, Fiat transactions. Even goods and services.

Q11: The launch will be after some good catalysts in the broad crypto market?

A11: We are not too worried about the market’s situation. In a few years’ time, the fluctuation now will only be displayed as a straight line. The project is poised for the future.

Q12: Who are the founders and the team DOXED?

A12: We are an anonymous group just like Pancake and other crypto projects.

Q13: What’s the NFT utility?

A13: You will find out more about the NFT’s utility. First, you just have to hold and wait for PEX tokens to be airdropped to your holding wallet.

Q14: Are you planning to add into NFTS more properties and in the future add to the Metaverse as play to earn?

A14: Why not?

Q15: Do you plan to produce your own pear cider and sell it worldwide?

A15: That’s a great question. Buying Pear ciders with PEX? Maybe something more than just Pear ciders.

Q16: How is PEX going to fulfil its title: "AMAZON OF THE BLOCKCHAIN"? What are the actions so far you have made? What kind of decisions the NFT holders can vote on about the project?

A16: You may take a look at our medium articles on all of these topics.

Q17: Security and anonymity are always prioritized by BlockChain projects in the development of project platforms and technologies. So, do you have any technical solutions or plans to enhance user trust in these issues?

A17: We may not have announced this, but Pear’s Certik audit is currently in progress. We will also be adding in SkyNet integration. The team has a dedicated security team who are very experienced with blockchain projects to constantly monitor the security of the platform.

Q18: How to ensure the credibility of both buyers and sellers, or how can buyers and sellers conduct transactions with confidence? What kind of technology does pear use to resolve it, and the specific configuration of the dispute resolution and appeal process

A18: PearDAO escrows the assets of each transaction in a smart contract, which cannot be taken away by anyone other than the asset owner (including PearDAO). If there is a dispute in this transaction, or if someone commits fraud, the PearDAO arbitration node will intervene. For the party at fault, the arbitration node will impose a fine to the offender and compensate the other party. In the future, PearDAO will build a reputation system to count and calculate the reputation score of all users, and any good reputation or fraudulent behavior will be incorporated into the blockchain.

Q19: Is it safe to exchange fiat currency for virtual currency during the deposit and withdrawal process?

A19: Technically speaking, PearDAO uses on-chain custody, DAO governance, mortgage and reputation system and other technologies to ensure the security of funds. In addition, PearDAO's code is about to pass a security audit and is also completely open source. This ensures that no one can steal your crypto assets through technical means. Of course, it is well known that most of the dangers of a decentralized world come from the non-technical part, such as human-to-human transactions. The only thing you need to make sure of is to confirm the identity of the counterparty and check their bank statements to make sure no suspicious funds have been deposited. As long as their identity and bank statements are matched and have been verified, an effective and credible transaction channel is established. You may leave the other parts to Pear, which will ensure that there is no problem with the custody and release of assets on the chain.

Q20: Last questions: When Token?

A20: We know that this is one of the most asked questions. We are currently speaking with numerous prominent crypto projects and tokens will be available once everything has been settled. Like the community, we want to have a great start and ensure success in the long term. So we want to ensure everything is right, including the correct tokenomics to be adopted, the correct partnerships to be done, and the correct products to be released first. I think the reason that you are here is that Pear is a project that you think is special and different from all other crypto projects. You will be informed once it has been finalized so please wait patiently. It will be done within the next few months. We may do it in March, April, May or June. I think it will come earlier than you may have expected. Opensea has yet to release any token, but all ecosystem contributors and the project itself are benefiting from the project. So you guys don't have to worry about the token release date.