AMA Recap: GoMeat x Global Crypto
Date: 17th October 2021 4:00 PM UTC
Host: Global Crypto
Speaker: Kanwal Sultan Khan
Introductory Questions:
Can you please provide a quick self-introduction for the community? What is your role in GoMeat?
Hello everyone, hope everyone has been having a great day so far. My name is Kanwal Sultan and I am the ICO Manager for GoMeat Token. I have been associated with GoMeat for over a year which has allowed me to really understand the ins and outs of the business. For the past six months, my team and I have been working hard to build GoMeat Token from the ground up. We are so happy to have finally launched and sold out most of it! As the manager, I oversee graphics, content, marketing, and any day-to-day challenges that arise.
Can you briefly introduce the project GoMeat & some of the utilities?
GoMeat is a digital marketplace connecting consumers with specialty stores since 2019. Buying/finding specialty (halal & kosher) meat can be a very chaotic experience and it is even more difficult in Western countries where it is rare thus GoMeat’s mission is to empower specialty stores and bring convenience to such customers. Since 2019, we have onboarded 400+ stores and processed 6.5k+ orders. A major issue that specialty consumers face is the uncertainty when it comes to specialty certifications. To combat this, GoMeat will be launching in-app blockchain based specialty meat certifications o consumers can make informed choices about the meat they are buying. GoMeat Token is a deflationary utility token with a limited supply of 5 million. All raised funds will be put towards our expansion eg we are trying to hit the target of 600 stores this year. Some utilities include: • Place meat, grocery & food orders using GOMT • Get free delivery & discounts • Get 1% cashback on all orders • Earn GOMT through our referral program
What are the current & Future Roadmap Targets of GoMeat?
By the end of this year, we are aiming for 600 stores on our platform and we are very close as we have already hit 400 stores. GoMeat Token, ticker name GOMT, should also be listed on an exchange before the year ends. For 2022, we have planned: • 2000+ Stores, 1500+ Drivers • GoMeat Volume $2+ Mil, 30K+ Customers • Multiple Kosher Stores added in Q4 • Phase 2: Crypto wallets Integration
You can read more about our roadmap in our whitepaper: https://gomeat.io/pdf/White%20Paper%20GoToken.pdf
Where can we find out more about GoMeat? Can you share all your social media links?
Our team is always available via chat, email, and telegram for any questions anyone may have. I would say our whitepaper and website would be the best sources for additional info.
Do you think that your platform has weaknesses? Do you believe that your community and team are strong and can overcome any problem for your platform?
After having worked with GoMeat for over a year, I can say that our platform and team do not have any weaknesses. I think it is important to establish here that, unlike most crypto projects, GoMeat has been a revenue generating business since 2019. We are the only ones in the market who are catering to the specialty market and we have spent three years perfecting the business model and learning on the way. Our founders have always believed that the future of specialty meat certifications should be built upon blockchain. In fact, our whitepaper was written all the way back in 2017. We could have launched our GoMeat Token back then but we chose to wait so we could prove our business case first. 2020 was a tough time for most businesses but we managed to triple our revenue as GoMeat was the need of the hour. We have grown the company from a single store to 400 and we have successfully sold out our pre-ICO and Tier 1. In summary, I am confident that our team can overcome any challenges that come our way. You can learn more about our team by going to our website, we have provided details about their past experience and their LinkedIn profiles. www.gomeat.io
Second Segment:
Features are the most vital thing in building project growth, a product will not develop without good features and promotion, whatever it is good. Can you provide a list of killer features that scare your competitors over your project? @Zoologist11
Agreed, token economics and a solid use case are very important for any project to be successful. Unlike other crypto projects, we are a revenue generating company that has been operational since 2019 so people can trust us and our idea. Additionally, best of all we have no competitors currently. We are a deflationary utility token with a limited supply of 5 million
GoMeat has an excellent burn mechanism with the purpose of increasing holder utility over time. Here are our salient burn features: -All unsold tokens will be burnt -3% GoMeat revenue will be burnt starting with the quarter following ICO completion -4% revenue in 2022 and 5% in 2023 will be burnt quarterly -Upon hitting $3 Mil in annualized gross volume, an additional 3% will be burnt every quarter -Additional 3% will be burnt for every order paid using crypto.
Fun fact, if you join our telegram you will see our trusty bot Meaty reporting orders and estimated burns. So far we are already projected to burn over 1k GOMT!
Is your project a local project or a global project? Can anyone use your services from anywhere in the world? Are there any restrictions on using your service?Is your project a local project or a global project? Can anyone use @AbdulBasit
To clarify, GoMeat services which connect consumers with specialty stores are only available in the US currently but we have plans to expand in 2023 to Europe. Our vision is to take GoMeat global. If you’re in an area where GoMeat is not currently operational then you can still participate in our ICO by signing up at. http://gomeat.io/icopanel/login
Is your project only for elite investors, how about others with small funds, is it open to everyone? @ChADEEL65115475
Absolutely not, GoMeat is open for anyone looking to invest in a project which they can trust and one which has a proven use case. It is not too late to buy as we have 10 days left till our final tier closes.
We have already sold out our earlier rounds so I suggest you guys hurry up!
Do you have a tutorial video or a book or a website where we can find out the details of your project? If yes, where can we get it? Can you share it with us?
A tutorial or video really isn’t necessary for a project like ours. You can visit our telegram group and ask questions. https://t.me/GoMeatToken
For a brief summary, I suggest you check out our one-pager: https://gomeat.io/pdf/White%20Paper%20One%20Page.pdf
For a detailed read check out our whitepaper: https://gomeat.io/pdf/White%20Paper%20GoToken.pdf
Or head to our website: www.gomeat.io
Many projects start but get stuck along the way, could you tell me if you plan to stay active and offer projects and opportunities to the community in the long term? @Cryptonaveed
GoMeat has been operational for 3 years and will continue on its mission to empower the specialty (eg halal) meat industry. We reached our soft cap very early on in our ICO so I can assure you that we will be continuing with GoMeat, full speed ahead. Our team is fully committed and we have a detailed roadmap and plan set out to continue the expansion of our business.
Can you explain how is your Tokenomics Distribution? How many tokens Will be minted? And How many tokens Will be locked by the team?
From 5 Million, we are offering 35% in this ICO. Our team and expansion tokens will be released according to a vesting plan so yes they are locked. GOMT cannot be staked and thus our final supply will never be more than 5 million.
Where can I buy GOMT?
You can buy it on our platform with a 2% referral bonus and a 5% tier bonus. The best time to buy is now as you will also get a bonus, make sure you do so soon before GOMT hits the exchanges!
https://gomeat.io/icopanel/ BUY NOW! 7% bonus
COVID 19 has slowed down many economies around the world but as a crypto business, does it affect you negatively or positively? Are you still on track to achieve your goals or are you planning a new development?
That is very true, it has not affected us as we doubled our sales in 2020 and hit $300k target. More than ever, COVID proved just how necessary service like ours is!
Do you have an AUDIT certificate or are you working to AUDIT your project, so that the security of the project becomes more secure and reliable?
Absolutely! you can check it out here https://gomeat.io/pdf/GoMeat%20Token%20Audit.pdf
Why investors should buy and hold your token/coin in the long term (Any specific reason)?How the demand for your token will increase in the future? or what steps would you take to increase the demand?
GoMeatToken is backed by a legitimate use case and a revenue-generating business. Based on these facts and our excellent burn economy, our goal is to definitely increase token utility over time. We have limited supply which will decrease over time due to burning so it’s best to buy some GOMT now