BitWell AMA | Introducing OLOID: Mathematically perfect piece of art is in crypto world :OLOID

BitWell
4 min readJul 5, 2022

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On Jul 4th, Bahadır, the CEO of OLOID visited the BitWell community and brought a wonderful sharing with the theme “Mathematically perfect piece of art is in crypto world :OLOID”.

The following is a review of the full content of this community sharing!

Host Q&A

1. Could you please give us a brief introduction of the OLOID and what problems it intends to solve?

Oloid is a Binance Smart Chain BEP20 token with USDT passive income feature. One of the problems with crypto investing is the volatility, by the OLOID philosophy of USDT investors will be rewarded and this will give them the opportunity to re invest, , manage their cost or get the reward for themselves which at some point can recover all their initial investment depending on the progress of the project.

2. Where did your inspiration for developing this coin come from? Can you tell me what makes OLOID unique?

The usdt passive income philosophy is one of the greatest feature yet not the only one. The transfers and the exchange transactions do not bear any tokenomic fee which makes it easier to grab arbitrage opportunities from a trader point of view.

The idea was discovered after seeing the geometric shape of oloid that pushes two circles ahead…

just like out passive income stragegy on defi, as well as supporting traders by giving arbitrage opportunity freely..👍

3. Could you now give us an insight into the tokenomics of OLOID?

There is 10% fee on buy and sell ONLY applicable on defi, 7% to be redistributed as USDT to defi holders, 3% is allocated to marketing for further airdrop and listing activities. As mentioned before, the transfers are not fee bearing.

4. Could you elaborate on the killer features of OLOID token and how it can benefit OLOID users?

As a starter I want to mention one issue

I will urge everybody not to DM for rewarding purposes. This AMA session is hosted by Bitwell, both Bitwell team and us can not give anybody a privilege/priority on the airdrops depending on the DM messages we receive, ethics ❤️❤️

Regarding the question: the passive income and application of tokenomic fees specifically to defi transaction are killer features.. additionally more to come in the future to deliver that we are looking into which we will address through this ama session in the upcoming minutes

5. Does OLOID have any exciting initiatives that are planned for OLOID token in the pipeline?

as a starter everybody can go to ourwebsite the check for the roadmap for long terms…

yet

Plenty of them are in the pipeline… NFT Minting website is about to kick in… We are also exploring ideas for duel to earn.. additionally the superhero series will be extended with wider lovely NFTs

Community Live Q&A

1.Where can I buy oloid ?

Currently we are both on pancake and listed on various exchanges. The links are available on our website. But from my point of view, Bitwell applications are so smooth and fluent that I would recommend with all my heart…

2. What is your strongest advantage that you think will make your team lead the market?

Hello. Thanks for the question. The features that we discussed earlier are great features, passive income. By the passive income people will have the change to reinvest, and at some point with the high volumes they will be getting the total investment as USDT rewards. Addidionally, not having fees on exchanges and transfers can attract traders.

3. Do you have any further plan to promote the OLOID token?

This is what we do currently. As you can see here, the AMA session provides airdrops, and also time to time we have giveaways through our twitter account and also influencers

4. What’s your accomplishment in the past?

Thanks for this question. Deposit to list on Bitwell is a great success from our side considering the great environment Bitwell provides, but also we got other exchange listings as well as CMC and CG

Yet a lot more is to be delivered 💪

5. Hello @OloidCeo Can you share your social media links so we can keep ourselves updated?

Thanks for the interest. Our user name is @OloidToken for all the social media. All the links available on the website: tokenoloid.com twitter.com/OloidToken t.me/Oloidtoken

OLOID Official Media Channels

Website|Telegram|Twitter|Reddit

Please click the following links for further information about BitWell:

Twitter | Telegram (Official) | Telegram (Announcements)

Visit us on https://www.bitwellex.com/

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