PathFund Answers Questions From The Community
Trust is very important in business, what makes investors, customers and users feel safe when working with your project ?
A: We aim to offer a one-stop-solution to everyone involved, both investors and developers.
We will be guiding the projects that will apply to our launchpad to the happy-path to reaching their goals.
We would use our resources, knowledge and contacts in order to make sure that developers can just focus on their product and their goals.
Besides guiding and mentoring projects, PathFund will also sponsor them with funds for development or marketing campaigns so we give them a good start.
For the investors, we will take all precautionary measures needed in order to ensure safety and also a fair token share for all future project releases.
Rest assured, in the development plan for the launchpad we have included different security features in order to not allow any malicious intentions take life.
More info about this will be released for the public soon, once we close the deal with the development company.
Among these helpers that contribute to project success which do you consider most important
1 SECURITY
2 COMMUNITY
3 TOKEN PRICE
4 YOUR PARTNERS
A: We believe that security has to take the first place.
If everything is safe for all parties involved then you will see the positive reflection in all other aspects.
A safe environment will always attract investors and developers.
We always have discussions on this this matter in our telegram group: https://t.me/PathFund
Take a moment to join us there and you'll get all the answers needed for it and also the reassurance.
The idea of the #PATH project is really unique and incredible, how did this idea come about?
A: Thank you for the kind words.
The idea behind @PathFund has been detailed a bit during the AMA but this comes both from a need of safety in crypto-world and also from the self sustainability features our project is having.
We believe that self sustainability is a must have feature for all projects in order to ensure a long run and also reaching your end goals.
Regardless of the market conditions or the position on chart, PathFund will never struggle in finding funds to reach its end goal.
We have a 3% tax per transaction that is redistributed to the marketing wallet, this wallet is always used with full transparency for the investors and we announce even the smallest transactions done from it + the scope of the transaction.
Only getting users, holders etc is not everything. In my desire, a project needs to deal with solving a real world issue or problem. What is the problem that your project primarily focuses on?
A: We did not start this project in order to gain holders or reach the trending section on CoinMarketCap or CoinGecko, we started this project to solve the issue of having such a high scam rate amongst altcoins.
If nothing changes with this situation, the world of altcoins will gain a reputation that will be hard to clear, if ever able to be cleared.
There are hundreds of honeypot and rugpulls every day and we aim to solve that.
All projects launched by us will be pre-audited and the teams will be KYC'd in order to ensure that the contracts have no malicious functions and also that the team behind said projects has the technical capabilities in order to reach their end goal.
Basically we offer a safe platform where you can invest and have 0 worries about being scammed or thinking that the project will never reach its end goal.
Together we can make the crypto world a safer place.
We discuss this subject oftenly on our main group https://t.me/PathFund
Join us there and we can discuss on this matter and others in much more detail.
Our project revolves around self sustainability, transparency and security and we are definitely capable of making a change for the better, all together.
Do you plan to add more use-cases to the PATH on top of the current one’s?
A: Our main goal at the moment is to have the launchpad ready with all its features.
Once the launchpad + all features are fully functional and available to the public, we will begin working on other products as well.
For now, we have multiple product ideas and we will reveal them to the public soon but we will never chase 1000 products at the same time.
We take things step by step, everything needs to be planned thoroughly in order to make the best decisions for the future of this project and also for its investors.
We will never limit PathFund to just one product, the possibilities are endless and so is our determination.
We will be a game changer for altcoins.
How do you intend to increase the value of PATH token. Is it by buy back or token burn mechanism or any other mechanism of your own?
A: $PATH will never stop increasing in value as it will be a much needed asset in order to gain access to future project releases.
We have a tiered system for the launchpad and based on the amounts of $PATH staked, you will be placed in one of the 5 categories available.
You can see $PATH as an entry ticket for smart and safe investing that will always be bought thus increase in value.
With such high scam rates amongst presale projects now, we do not see a limit for the price neither for the interest shown in our project by investors.
We will never make estimations but also never set limits either.
At this point, do you think you need exchanges as Binance to keep growing? Or is it better to forget those things and focus on other activities?
A: I think we need exchanges as much as they need us, PathFund.
We're not just another meme coin that will generate temporary revenue for exchanges or investors.
We are here to stay and we are here to make a difference.
We see PathFund as a much needed ecosystem within the world of altcoins.
We have already a team of 37 people working non stop on all aspects of this project: social media presence, partnerships, marketing, development, exchanges, analysis and much more.
Is PATH available for the global people or It’s limited for some area? If it’s globally available, are you planning to introduce it globally?
A: Not only that we plan to take PathFund globally but we're also doing research on how to target each specific market.
We don't plan to address to just one or two big markets, we plan to reach the top exchanges in each available market so we have the broadest audience ever.
PATH develops many products, which is an advantage when it can meet almost the needs of users. However, does developing many products make management difficult? How do you ensure the quality of all PATH products?
A: Every product launched by PathFund will be audited by multiple auditing entities.
For now we have 3 auditing partners and we will colaborate with more in the following period.
I can assure everyone from now that each product launched by us will be audited by at least 2 or 3 different auditors as we want to ensure safety and trust for the long run.
Projects launched through our launchpad will also be pre-audited before being available to the public and so will be their products.
Nothing vetted or associated with PathFund will go unaudited.
Safety is a must.
We can discuss all things about safety on our main channel: https://t.me/PathFund
Too many projects promise magic but never release any working product or prove any revenue, Within a short/long time of release. Is your project also like this? If not, can you tell us what makes your project different from other projects?
A: What you've said is true: too many projects promise magic but never release any working product or prove any revenue.
This happens due to several major factors:
1) Lack of interest. They never intended to reach their use case in the first place, they just promised the most they could think of and once they had some growth they dumped and bailed out of the project.
2) Lack of knowledge. There are certainly projects out there with teams behind them that have the best intentions and want to reach their end but lack the knowledge to do so.
3) Lack of funds and reach.
Today there are hundreds of scam projects going live and maybe just a handful of serious project coming out every week.
To differentiate yourself as a serious project from all the scams out there means a tremendous effort in all aspects.
You need funds in order to gather a community so you can voice your purpose and you need to do so constantly.
We aim to solve all that by mentoring and also sponsoring good projects.
They may have a great idea but need just a bit of help, guidance and funds. PathFund will be here for that.
Our team has made significant progress until now and it has all been communicated with our community on main telegram group and through our socials.
In the following period we will release news about the much expected launchpad progress and we will continue working on our roadmap so make sure to keep an eye on https://t.me/PathFund and on our social accounts.
