Hello RMPLers, today I’m proud to be able to reveal a new project we are adding to the DeFi Prophets ecosystem in the coming months and give some more insights into what is happening behind the scenes at RMPL and DeFi Prophets.
For those that do not know yet, DeFi Prophets (Website: https://defiprophets.com/ and our newly created Telegram: https://t.me/defiprophets) is the parent company behind RMPL and our future projects, to keep things clean all conversations about things not related to RMPL will be in the new channel and on the website.
With some basic housekeeping out of the way, now on to RMPL!
To give some context around RMPL and the core team, RMPL is what we consider our anchor, RMPL is the centrepiece of our ecosystem and all additional products introduced are to further improve the utility and therefore value of RMPL.
Our long term goal is to bring new people into the RMPL family and to become the worlds leading and highest market cap elastic coin.
The focus of DeFi Prophets is on expanding our overall reach and bringing new people in via various means and centralizing them around RMPL as the core financial instrument they use in our ecosystem of products.
In addition to that, when we do launch a new product that has a new token allocation, we will be setting aside a % to reward long term RMPL holders and to encourage new ones to join the RMPL family. This will be broken down in each projects tokenomics.
Inside RMPL as you may or may not know, we have a co-founding core team of 4, an additional team we brought in at and near after launch of RMPL of around 6 more, and now an even larger team we have grown into after our incubation with Yellow and some new networking connections we have made along the way.
This is allowing us to stay focused on our plans with RMPL while also having the time and resources to expand into other areas that will add to the utility of RMPL. Additionally, just as a point of note, no funding of any other projects we are working on has come out of RMPL at all, to this date none of the founders have sold any of their team allocation yet, so far all funds have been reserved and used for exchange listings and marketing.
As a team we do have enough of our own personal capital to work on these projects, up to a point where we would then possibly need to do an OTC or an investment round take these other projects to the next level, adding even more utility to RMPL.
Currently, the core development team that built RMPL are working on a project with Yellow to allow us to list faster and wider. On top of that we are also using Yellows development and UI team to make this process faster. So our resources on the RMPL side have expanded to help reach those goals we are all looking forward to.
That development team is ONLY working on RMPL projects, in addition to our exchange token project with Yellow our developers are also in discussions and development with Unification (https://unification.com/) to expand and adapt what we have built for our v2 of our random rebasing, and move it on to their chain, away from ourselves where we have no control at all over the timing of the rebase itself, eliminating a lot of the remaining fud regarding RMPL in other communities.
Going beyond what is in progress, the future for RMPL is looking towards building and joining RMPL on to other blockchains. At the moment this is only in the conceptual stage, after what we have on hand is complete that’s what the core team will be focusing on.
Now on to our next to project under the DeFi Prophets brand.
Trade fast, early and safely.
RapidTrade is the place to find and research newly launching projects on Uniswap (and other places in the future), enabling you to get in early and maximize your profit potential.
RapidTrade’s interface and backend trading bots make your trades faster than it’s possible on Uniswap. RapidTrade also operates its own Ethereum node to try and out-run front running bots.
A % of paid subscriptions will be held and used to buy RMPL during negative rebases and funnelled back to the community via airdrops to long term holders and a smaller percentage via the cradle.
For airdrops, the definition of long term at the moment is a curve of duration held + amount, starting at a min holding period (more than X weeks) — but this is not set in stone yet, we are refining to find the best solution. Talk to us and share your thoughts.
RapidTrade already deep in development and is being built in house by a new developer to the team and the UI will be designed in house by a new UI designer that has also joined the team recently.
The tokenomics, RMPL investor reward scheme and further project information will be announced by the end of this month.
In the meantime, to read more about RapidTrade, click here.
Our second project we are not ready to give a lot away about yet, the white paper is in final stages of completion, and we are now working on aligning ourselves with partners, shortly after we are announced on Bithumb we will be in a comfortable position to announce this project.
Both of these new projects are things we are really excited about that on their own bring a lot of value themselves but also to RMPL, and thankfully we are in a position now to not shift focus but to expand focus with our expanded resources and team members.
I’m sure you all will have a million questions, and some things might not be conveyed perfectly, as many of you know we’re human just like you, so just ask us, and we’ll work on replying to try to explain things better. Who knows, you might even have some great ideas to make what we’re building even better, or spot a problem we can fix before it happens.
And remember, first and foremost our focus is to anchor around RMPL and grow an ecosystem around RMPL to bring new people into it. Exciting times ahead!
Regards
The DeFi Prophets Team