March 19, 2021 AMA Part 1

Q1: Can you please introduce yourself and your background, also introduce the team working on STAKE CAFE project?

1. Hi we are Stake.Cafe! We’re an experienced and diverse team with skills ranging in blockchain code development, business development, social media content management, and venture capital relationship management. We’ve all been software professionals in the tech industry and have taken strong interests in blockchain since 2016. Our team comprises of 2 devs, 3 business developers, 2 graphics designers, 1 partnership manager, and the rest are proactive community managers and “NFT” meme artists.

Q2: Can you introduce STAKE CAFE project, what critical problems does it solve that existing solutions are not solving and what’s the competitive advantage?

1. Stake.Cafe’s mission is “fulfillment through enriching others.” How we came up with this is through our journey as software professionals. Our goal is to create a DeFi project that can leverage our robust staking mechanism in order to benefit our stakers, and in return, to allocate funds to communities/businesses/organizations affected by COVID-19. We have read and seen that many businesses have shut down because of a series of unprecedented events. However, even with these unfortunate circumstances, certain industries like high tech and blockchain thrived and grew exponentially. Those of us who are involved in the blockchain space have leveraged the innovations around blockchain > defi and NFT to do well for us and our family. However, we are the lucky few.
2. At this point, we thought, how can we equally distribute knowledge, experience, and even opportunities to those in need? That’s when we combined the beauty of Defi>yield farming and donations together. One problem with crypto is that it has become foreign and perhaps hard to adopt for people unfamiliar with the space. We aim to provide positive press and PR by helping those who need resources.
3. In the future, we plan to create an NFT platform where we can be the designated “business license allocator” to businesses/organizations in need. We are still writing a whitepaper and standard on this work. Please read our Medium for more info: https://stakecafe.medium.com/stake-cafe-leverages-nft-for-good-f4c75334e1ad.
4. Our competitive advantage is being able to leverage our engineering expertise, business acumen, user experience knowledge, and goodwill in order to build a community that will stay. There are too many cash grabs nowadays and it’s quickly noticed by community members strongly discussing price. We understand that it is inevitable to happen, but as professionals and experienced creators in this price, price is something that is highly unpredictable. This means we focus solely on our strong tokenomics, use cases, user growth strategy, community engagement, and other “driving factors” that can potentially influence price. We are constantly scouting partnerships and have a healthy pipeline of partnerships post-launch. Secret for now :D

Q3: Can you briefly describe the top milestones you have achieved and your target milestones with timelines, also share your roadmap?

1. The top milestones that we have built so far is building strong community presence through ORGANIC growth. If you look at our Twitter, Medium, Telegram, and Discord, you will see that we have grown significantly in a short amount of time. Read here for a detailed and specific overview of our roadmap:

Q2 2021

• Build Bounty platform for community members to earn CAFE
• Grow Pool Farms through community-voted demands
• Partner with at least 3 communities/organizations/channels to grow user base
• Complete NFT Beginner — Advance Blog/Demonstration Series
• Move from 3rd party form software to in-house voting software
• Donate to 12 community-voted benefactors
• Build at least 3 region-specific community donations pods

Q3 2021

• NFT Platform partnership announcements
• Partner with at least 3 communities/organizations/channels to grow user base
• UI/UX Revamp showing real-time analytics and live feeds crypto contribution to the world(More details on this later)
• Partner with Chain-Bridge projects to reach wider audience
• Recruit region-specific community members to build benefactors<>NFT partnerships
• Donate to 12 community-voted benefactors

Q4 2021

• NFT Platform/Partnership Launch
• Partner with projects to be their “donation” solution/platform of choice
• Donate to 12 community-voted benefactors via Yield Farming or NFT Option
• Partner with at least 3 communities/organizations/channels to grow user base
• Build more specific region pods to reach out to more organizations in need

Q4: Can you briefly describe your PARTNERSHIPS so far?

1. Since we’re in the pre-sales phase right now; our partnerships are mainly focused around driving awareness to our project using social media outlets. Once our launch happens, AFTER audit (we plan to do a pre-launch audit with a reputable 3rd party, and post-launch audit as well) we will periodically do audits across different vendors to maintain consistent security fortification to protect our users, farmers, and stakers!
2. We have a bunch of partnerships in pipe and partnership strategies lined up for Q2/Q3/Q4 roadmap items. We will also have a renewed roadmap for 2022 onwards once our NFT platform launches. That will require a different crypto ecosystem of partners.

Q5: Can you give an overview of your Tokenomics, and the UTILITY of the STAKE CAFE Token?

Our tokenomics strategy is highly beneficial to our early investors. We plan to enforce strong ROI in the beginning to reward our early investors. CAFE is also deflationary to help protect our stakers/farmers on short-term market volatility and overall dynamics. We can’t control FOMO’ers, BTC/BNB price movements, panic sellers and such. However, our tokenomics is set in place that over the long term, the TOKEN can maintain steady growth while rewarding our extremely loyal stakers/farmers. Please review this tokenomics article for more info: https://stakecafe.medium.com/cafenomics-f9b4e7fb78f0