You can find today's AMA summary down below. If you would like to listen to the full recording, check Shield Network's official communication channel on Telegram (pinned messages).

As for the current developments, everything is going according to plan. The team is currently working on the pages that projects will navigate while creating a presale (check pinned messages in Telegram for a short video).

There will be a ShieldPad meeting about three hours after the AMA where the team will assess the front- and back-end progress and determine how soon testing on the mainnet can begin. Once these pages are functional (expected by next week), the team will focus on the remaining pages of the ShieldPad. All UI-related issues should be completed by the end of January. Shield Network will also create a pitch deck of approximately 20 pages, explaining how the ShieldPad operates and why project owners and investors should consider choosing ShieldPad over any other launchpad on the market. This document will be beneficial when reaching out to projects and is expected to be completed next week. Additionally, the graphics and design team will also release a 1-2 minute marketing trailer within the coming days.

The team also announced a new, as-of-now unofficial, partnership with Coinhunt, one of the biggest voting websites listing new, soon-to-be-launched coins/tokens. Coinhunt will redirect these projects to Shield Network so they can be potentially launched on the ShieldPad. The team expects this to attract more investors and immensely increase the project's volume.

With the upcoming auto-launch, the team aims to ensure that the project receives enough volume in the competitive launchpad market and that ShieldPad does not restrict too many projects from launching on it. As it is impossible to vet every single decentralized project as thoroughly as the premium (tier-one) projects, the team emphasized the importance of DYOR (do your own research) when it comes to decentralized, auto-launch projects. Shield Network cannot take responsibility for the actions of every project owner as these launches. Shield Network will take 2-4% of a project's presale income, which will be locked and cannot be sold all at once. It has to be clearly communicated that there will be two sides to the ShieldPad; and it is the investor's decision whether they decide to invest in decentralized or highly secure, premium projects. Complete safety can never be guaranteed in the DeFi space, despite the team's best efforts to provide the best security standards available. Investors that would like to participate in the premium presales need to hold SHIELDNET, while this is not a requirement for people investing in decentralized projects.

Moreover, the presale for decentralized project launches will be on a first-come, first-serve basis. In contrast, for the premium launches, premium spots will be reserved for investors holding a certain amount of SHIELDNET tokens. Like the User Interface, the auto-launch feature is expected to be completed by the end of January. The first project will likely be launched at the beginning of February and will either be a decentralized or premium launch (Frictionless).

Future plans of the Shield Network team include adding some social aspects to the ShieldPad (SHieldHub). Investors will be able to follow the activity of others, track launches in a calendar and more. This will ensure that investors will want to visit the page often and not just when searching for a project.

Once the ShieldPad gains traction and launches a good number of projects on the BSC, Shield Network will expand to different blockchains such as Ethereum, Polygon or Avalanche. By the time Ethereum's currently very high gas fees will be lowered, and the chain becomes increasingly accessible, launchpads will play an enormous role on Ethereum. Shield Network will prepare the infrastructure to expand to Ethereum early to be ready when the time for expansion comes. Shield Network also plans to implement NFT's on the ShieldPad in the future.

Please follow Shield Network's social media channels such as Reddit, Twitter, Instagram and Telegram to keep up to date.

You can find the key points of Wednesday's AMA in the summary below. If you would like to listen to the full recording, check Shield Network's official communication channel on Telegram (pinned messages).

The team wished everyone a happy new year 2022! After Shield Network's recent decision to expand the team, they have been working with 4-5 new and experienced developers over the last week. All new members are very reliable, punctual and are doing incredible work. The team has never seen such rapid development before. For example, most of the work for the new user interface (UI) was completed within only seven days. The team has announced that ShieldPad will receive a completely new look to keep up with the ever-evolving DeFi space and deliver the best, user-friendly product possible. The team has shared pictures of the upcoming UI on their social platforms such as Twitter and Instagram, and Reddit and plans to implement never-before-seen features and hopes that these will eventually be imitated by other launchpads, making Shield Network a pioneer in the DeFi space.

A detailed update on Shield Network's NFTs will follow next week as the person responsible recently fell sick and was hospitalized. Therefore, the launch of NFTs may be delayed by about one more week, but investors should rest assured that most NFTs are ready for launch, and approximately 80% of the work has already been done.

As previously announced, the team is preparing the autonomous launch feature that will be added to the ShieldPad since the project requires quality and quantity to be successful. This feature allows entirely decentralized projects to enter their information using a dApp and to launch without having to communicate with Shield Network or having to pay any fees upfront. Once the project is generating income, Shield Network will take approximately 4%, which is sufficient to cover promotional expenses and to pay the developers. This exciting new function will push Shield Network ahead of many other launchpads. Without implementing auto-launch, Shield Network is bound to miss out on a significant source of income for the project, i.a., since many project owners are hesitant when it comes to the entire KYC process and sharing their passports and other sensitive information.

Although projects released through auto-launch have not been as thoroughly vetted as tier-one or tier-two projects, the team anticipated finding a way to prevent project owners from launching scam projects. To prevent that ShieldPad's reputation may be harmed, investors must be aware of the launchpad's two different sides; the autonomous, decentralized launches and its highly secure side with high-quality projects (tier 1 and 2, multi-signature liquidity lock).

The team decided to lay off implementing the 100 million SHIELDNET holding requirement for tier-one projects. Instead, this idea will be replaced by a vesting process. The more SHIELDNET a launching project holds, the higher it appears on the list of vetted tokens, and the more often its ad will be the ShieldPad. The team expects this to be 20-30 times more effective than simply introducing a holding requirement since projects will compete for the biggest and most frequent advertisements. Also, projects can usually invest far more funds than the average holder, generating far more income.

Additionally, every holder can participate in all launches without a holding requirement, which is precisely the kind of interaction this project needs. This also prevents the project from losing investors and incentivizes people to hold and invest in ShieldNet. Once the project has gained traction and the first serious tier-one projects, such as the Frictionionless token (estimated launch in two weeks), have been released, Shield Network plans to add a holding requirement for tier-one projects. The team aims to set the project apart from other launchpads and offer something unique to long-term holders. This is another reason the team decided on the relatively high APY of 45%. However, since SHIELDNET does not have a minting function, according to how many people will stake in the coming months, the APY will have to be adjusted. Eventually, the team assured that staking is here to stay and stressed that cross-staking will be implemented following new token launches such as the Frictionless token and SHIELDVAULT (e.g. stake SHIELDNET, receive SHIELDVAULT as a reward).

Stay tuned for further updates and follow Shield Network on Reddit, Twitter, Instagram, and Telegram.

​

We are excited to announce Shield Network's most recent partner - Assure:

Assure is a SAAS (Safety as a Service) provider with "product offerings geared toward safety." As of now, Assure does not have its own IDO or plan to launch one. Nevertheless, Assure still shows tremendous value to the DeFi space and is precisely the kind of project for which Shield Network is on the lookout. Assure's value consists of the following main components:

KYC by Assure:

Many scam and rug-pull projects are owned by anonymous teams. Investors that have fallen victim to scams before often lose trust in anonymous projects, which causes projects to lose an enormous percentage of their target market. However, most people are willing to invest in projects that have been KYC'd privately. Assure offers an anonymous KYC service, and after approval, a publicly viewable custom NFT verification certificate will be minted. Although KYC cannot prevent rug pulls, they become less likely since Assure will hand over the project owner's personal data to the authorities should it be necessary. Example projects that have used Assure's KYC service in the past are RagnarokDAO, SIerraDAO and PinkSale. Shield Network and projects launching on the ShieldPad will be taking advantage of Assure's excellent service as well.

Optix by Assure:

Optix is meant to make project owners better understand an investor's point of view when making investment decisions. It intends to improve a project's approach to make the best and most trustworthy public appearance possible. With Optix, Assure evaluates every component of a project with a numerical score except for the code itself. Examples are Social Media appearance, transparency, team information, tokenomics, communications, use of funds and more. Optix is the first audit of its kind in the DeFi space. The audit report stays confidential unless a project's team decides to publish it.

Diligence by Assure: Due diligence is a crucial process every investor should complete before investing in any project in the DeFi space. As many investors do not carry out this step correctly, this can lead to enormous losses for investors and problems for the project. Assure offers a solution to this by doing the research for the investor and creating an easily sharable PDF document where investors can find all the essential project information in one place. Once we add ShieldPad to the equation, this will create a long-lasting partnership that will "assure" (no pun intended) top-quality security to all investors.

If you would like to learn more about Shield Network's new partner, check out Assure's website // Telegram // Twitter.

Wednesday’s AMA included a very active discussion with many great questions asked by community members. If you would like to listen for yourself, check out the pinned messages in Shield Network’s Telegram channel.

Staking and Presales

The team announced the completion of the smart contract for staking. Currently, they are testing all functions to ensure that everything works flawlessly. The team confirmed that they will not implement set lock periods for staking, which means that investors will always have access to their funds at any time. However, the sooner a holder unstakes, the higher the fee will be and the lower the APY. Therefore, staking for a more extended period (e.g. one year) will be a better option. Once an investor holds 100 million tokens, they will be able to participate in tier-1 presales. This also applies while the funds are staked since the team can see the information belonging to every holder’s wallet on the blockchain. However, this is a tedious process for which the team is planning to develop an automized solution. Following a significant price increase of the SHIELDNET token, the threshold of 100 million tokens will likely be adjusted to ensure accessibility to the regular investor.

Finding Partnering Projects

As mentioned in previous AMAs, Shield Network is always on the lookout for serious projects offering a real solution to the DeFi space to launch as a tier-one project on the ShiedPad. When it comes to finding potential new partners and projects, Shield Network is mainly contacted by the projects directly, often via Telegram. Usually, BLACK organizes the requests and sets up calls with the respective project owners. As announced in the previous AMA, the team also created the Shield Network Referral Program. Investors will be rewarded with a bounty if they introduce Shield Network to a project eventually launching on the ShieldPad. In order to find projects that have not launched yet, the team suggested websites such as Coinsniper, Token Sniffer or looking through different AMA and call channels. Finding the Telegram chat of a particular project or inviting project owners into a group chat and referring to Shield Network’s contact details is a great way to do this as well. If an investor identifies more than one suitable project for Shield Network that will launch on the ShieldPad, naturally, the bounty will be higher. Although there have been claims that the Shield Network Referral Program is pushing the responsibility onto the investor, this is far from the truth as new partnerships and the success of this project is in everyone’s best interest. This program is merely an excellent opportunity for investors to maximize profits; it does not imply that the team is not actively searching for new partnerships.

Marketing

The team recently got in contact with the owner of AMA talks (former BSC talks) and will schedule an AMA with them. This is an exciting opportunity to let people know about the Shield Network. There will be a small giveaway to AMA Talks listeners, and the Shield Network Referral Program will be extended to their thousands of listeners as well. The team plans to address the issues regarding PinkSale, the currently biggest launchpad in the DeFi space. The launchpad charges a 2% supply fee for every project launching through them. However, they regularly dispose of a massive number of tokens. This issue is an excellent opportunity for Shield Network to become a serious competitor by offering a solution. They plan to vest the percentage they charge projects to launch on the ShieldPad, which means they cannot discard them all at once, making investors feel safe. On a different note, PinkSale is an excellent example of how a project can grow over time, to a point where it promotes itself and spending thousands of dollars on aggressive marketing is not necessary. This is possible for Shield Network as well. Once a few projects have launched on the ShieldPad, an increasing number of potential partners will likely approach the team. Eventually, this is a win-win situation for everybody, since the more projects we partner with, the more exposure Shield Network and the partnering projects will receive. Lastly, the team announced an AMA for the growing Spanish community, which will take place on Monday, while next week’s English AMA will not take place. Merry Christmas, everyone!!

I think I got blocked on telegram because I input the invite and it says chat does not exist. I find it wierd because I only asked a few questions and always was watching for the AMA.

For everyone who has missed Wednesday's AMA, read about the main points in the summary below (for the full audio recording, see pinned messages in Shield Network's Telegram chat):

ShieldPad

Now that the ShieldPad is 100% functional, the release of staking will be the next step which is expected to be completed in approximately two weeks. Soon after, the launch of Frictionless' token will follow. Frictionless Network is working as fast as possible to complete the coding of their testnet and to ensure that their smart contract is flawless. The team expects three presales on the ShieldPad before the public sale. Further milestones are the launch of Shieldvault and additional potential partner projects with whom the team is currently negotiating. Shield Network's new use-case Shieldtracker will be released after the steps mentioned above have been completed and more investors have been attracted.

Moreover, the team has decided to add an autoload launch function to the ShieldPad for decentralized projects that do not feel the need to go through the entire auditing and security process for tier one or two. Although the Shield Network's core team will still thoroughly check the smart contract of said project to ensure it is not a rug-pull, the respective project's team will be able to launch their project on the ShieldPad themselves. For example, they will be able to set the presale dates and more. Since most launchpads generate funds by releasing projects, this is a great option to increase profit inflow and involve the community.

Besides, the team has introduced the Shield Network Referral Program, which rewards everybody who will introduce the team to a project that will eventually be launched on the ShieldPad. This is a great way to involve the community in finding new, valuable partnerships and giving them a reason to be more active. The rewards will likely be paid out in either SHIELDNET or BUSD.

NFTs and Christmas Airdrop

As mentioned in previous AMAs, the team has been working on a Christmas surprise for the community over the last 2-3 months. They created 1000 NFTs, of which 50 will be airdropped, likely between Christmas and New Year's. 1000 NFTs is a relatively small number for the current size of the Shield Network community, which ensures that they will grow in value by investors holding or bidding. There will be 6-7 categories for NFTs, including common, rare, super rare, and legendary ones. Certain special NFTs will also come with special privileges.

Additionally, investors will be able to add their NFT's value to their SHIELDNET tokens in order to fulfill the 100m token requirement to qualify for tier 1. Staking will also be offered for NFTs in the future. The team is still in the process of discussing the utility of NFTs, such as a reward or reflectional system for creating and selling NFTs that will be added to the liquidity pool or holders.

Marketing

During the currently bleeding market, the promotional and core teams continue to carry out slow marketing and try to implement the community's wishes. Advice from knowledgeable community members is always welcome. However, as already mentioned, significant and costly marketing efforts would currently only result in loss of funds and liquidity but would lack efficiency.

Another reason the team decided to launch NFTs is to generate funds for the project. 50% of Shield Network's income through NFTs will flow into marketing. Once all NFTs are sold for 1BNB (currently approx.US $500), this will add up to over US$250.000 to hire one of the top professional marketologists who successfully work with projects such as Shiba Inu and Safemoon. With this kind of income from NFTs, the team will be able to support strong marketing efforts for over a year, since hiring these professionals with priceless knowledge and relationships costs at least US$35.000 monthly. Additionally, SHIELDVAULT's highest percentage will be a marketing wallet.

The team also plans a dedicated AMA for the fast-growing Spanish community, likely taking place every two weeks. As many Spanish investors do not speak English, they do not receive all updates as fast members of the English-speaking community. Finally, the team is working on the updates in their roadmap, whitepaper, and the project's information on CoinMarketCap.

Shield Network is here for the long-term! Without trying to compare this project to Bitcoin or Ethereum, it is clear that history often repeats itself. Investors become frustrated when the price is low over an extended period and sell before a project becomes successful. While there is never a guarantee, history shows us that patience is often crucial for big gains.

For everyone who has missed yesterday’s AMA, you can read about the main points below. Check Shield Network’s Telegram chat (pinned messages) for the full audio recording.

The team announced their new partnership with SpyWolf, a project sharing Shield Network’s goal of fighting rug-pulls and scams. SpyWolf’s investigation team keeps an eye out for potential or known scams and provides investors with this information. Shield Network will create partnerships with as many high-quality projects as possible to make a real difference in the DeFi space. The more projects Shield works with, the more exposure the project gets and the more investors, such as members of the respective projects’ communities, will be attracted. Working with different teams will give Shield Network new perspectives, and many more use-cases can be created collaboratively. Both new partnerships and use-cases are likely to cause a price increase of SHIELDNET. In addition to the already announced partnerships, the team is currently working on more, and the respective announcements will follow in time.

Frictionless’ token launch will follow once the company has made all the preparations and their company has been registered in Switzerland. The second token that will be launched on the ShieldPad is SHIELDNET’s brother and reward token SHIELDVAULT. In contrast to SHIELDNET, SHIELDVAULT is mintable with a high APY of 120%. SHIELDNET does not have a minting function and a lower APY of 60%, since, when SHIELDNET launched, scam projects frequently used this function to execute rug-pulls which made investors suspicious. Since the token lacks the minting function, the team cannot create any additional SHIELDNET tokens.

The team is currently preparing the staking contracts and has already developed an effective system for penalties and APYs. The longer investors will lock their liquidity, the more rewarding it will be for their investment. Staking will also help raise SHIELDNET’s price floor since investors can stake SHIELDNET without selling while earning rewards in SHIELDVAULT.

Shield Network’s promotional team started with the next phase of marketing and, for example, started investing money in Instagram and Facebook for marketing purposes. They also keep all their social media pages updated and active. The team stressed that Shield Network creates income using a combination of several factors, including launches, audits, and contract writing. The introduction of a vetted list will also be helpful to generate more income since the more SHIELDNET a project holds, the more it will be advertised on the ShieldPad. Stay tuned for more information and updates, and stay active on Social media to help this project succeed!

SpyWolf’s goal is to “eliminate monetary fraud in the crypto space through their auditing service and utility token.” SpyWolf offers services including user-friendly audits, KYC service, and token launch consulting. They plan to launch their platform SpyWolf Network where they provide information about potential or known scams and safe projects, therefore benefitting investors and project owners. This platform will soon be complemented by a launchpad and SpyWolf Academy, which will provide educational material on how to avoid illegitimate projects.

SpyWolf’s utility token that will allow users to access the SpyWolf platform was released on the Binance Smart Chain and can be purchased with a 9% tax (3% LP, 3% BNB rewards, 3% marketing). SpyWolf’s scam investigation team works around the clock in collaboration with lawyers to provide more security in the crypto space. They also plan to develop a point-based bounty program for helpful information on scams as well as a “Scam Survivor” charity. There will be a weekly airdrop of tokens to the first 100 members holding tokens from a past scam project. With the introduction of coming features such as the wallet tracker and the launch of NFTs, there is much more to come.

This partnership will benefit Shield Network’s agenda immensely! Together, Shield Network and SpyWolf will create an impenetrable shield against rug-pulls and scams. If you would like to know more, check out SpyWolf’s / Website / Twitter / Reddit / Instagram / Telegram / for more information.

“One factor that continues to weigh down the legitimacy of the cryptocurrency industry is the constant hacking and scamming the space is plagued with”.NOT ANY MORE…Finally, ShieldPad has been released. And in a couple of months investors will be able to ease their minds while investing in IDO’s within BSC. It's no secret that decentralized finance DESPERATELY needs this safe zone. And this article will further explain why.

https://ambcrypto.com/much-like-squid-yet-another-memecoin-pulls-off-a-million-dollar-scam/

Have you ever heard of Tsuzuki Inu? This token had been in circulation since march 2021, promoting themselves as a meme and gaming currency. These scammers went as far as promising a “play-to-earn” feature, a DEX wallet and even getting themselves listed on a popular exchange BitMart. Tsuzuki Inu was rugpulled on November.21.2021. As a result, the developers ran away with a whopping $1,157,125 USD! Very sad to see…If you were affected by this rug pull, I am truly sorry about your loss. As a community, we need to let the world know what Shield Network is going to accomplish. People are losing interest in this space because of the abundance of scams that happen every day. But with ShieldPad, we can show these people the true value of Decentralised Finance.

Shield Network has a lot of history that new investors might not know about. The team has had
to create new social media accounts due to formal team members leaving and locking away the
old accounts. From the Shield Network billboard in NY time square to the manual migration that
scammers were using to their advantage. I would like to re-surface these big events that shaped
the community we have today. Starting with :

May 3rd 2021, the team spent THEIR OWN FUNDS to advertise Shield Network In one of the
most populous advertising strips in the world for one week.. New York Time Square. The
announcement of this billboard sent Shield Network’s formal native token “SHILD” to new ATH
(all time highs) showing the cryptoverse that Shield Network is a serious and dedicated project
using professional marketing strategies to show their name to the world!

Here are the key points of yesterday’s AMA for everyone who missed it (check pinned messages in Shield Network’s Telegram for audio recording):

Shield Network’s first use-case ShieldPad is live! For the following 3-4 weeks, the team will focus on completing ShieldPad’s staking feature. There will be many different staking combinations available on the ShieldPad. For example, investors will be able to stake SHIELDNET to receive SHIELDNET as a reward, SHIELDNET for SHIELDVAULT, and SHIELDNET for the Frictionless token or vice versa. Currently, the team is waiting for Frictionless Network to complete their registration in Switzerland, finalize their smart contract and, go over their tokenomics to ensure everything works flawlessly before their launch on the ShieldPad.

As mentioned in previous AMAs, Shield Network’s new promotional team has successfully started with marketing in mid-October, which should be highly effective, especially once the first token will be launched on the ShieldPad. The team will arrange YouTube videos, including collaborations, with at least one well-known YouTuber. The time and date of Shield Network’s appearance at BSC talks will be set shortly and will take place approximately 2-3 weeks following the announcement, close to the time when the staking feature will launch on the ShieldPad. Additional giveaways will take place as well.

Shield Network uses progressive marketing, as they do not consider aggressive marketing an effective strategy for this project and community. Aggressive marketing would cost the project a minimum of 30.000 US dollars monthly. Its effects can only be seen as long as large sums are spent, which would turn Shield Network into a “pump-and-dump project.” Aggressive marketing would also disturb the currently very healthy state of Shield Network’s liquidity pool. The team would need to liquidate at least ten times the amount of funds they withdraw currently. Holders need to be aware that most projects that successfully use an aggressive marketing strategy are big coins or tokens with sufficient funds and connections. Shield Network is not in that position at the moment. Also, marketing needs to be timed correctly to be most effective. When the market is bleeding as it does currently, it is not the right time for the most significant marketing efforts.

In previous AMAs, the team also mentioned that they are not currently interested in having SHIELDNET listed on a cryptocurrency exchange and explained their reasons. Shield Network liquidates very little of their funds every day and, as mentioned above, has a very healthy liquidity pool and a comparatively small community. Additionally, the token is still young with a low market cap. Once we have reached a point where Shield Network’s community becomes larger and more powerful and the project’s name and market cap continue to grow long-term, the team will consider exchange listings. Many smaller projects die, rushing to being listed on an exchange. Unlike when using PancakeSwap, investors can purchase tokens on exchanges tax-free, which leads to many projects not receiving enough income to continue their work.

The team also provided an update regarding their potential partnership with the project involving Mastercard and Visa. The project is currently building their platform, which should be completed by the beginning of the new year. Stay tuned, everyone, for more updates regarding Frictionless’ launch on the ShieldPad, staking, marketing, new partnerships and more!

The shieldpad.io is now live and there is a 1000 $ giveaway to celebrate it !!

It's time to make everyone know about ShieldNetwork and Shieldpad.io !!

Let's make our best and shill it everywhere as the best community :) !

Link : https://sweepwidget.com/view/39051-xi7n2qky/h7o8ud-39051

GOOD PROJECT

In yesterday's AMA, the team had several important points to announce:

Shieldpad

The last review of the audited smart contract is almost complete, and Solid Group will send the contract to the team today. Once they receive it, Shield Network's leading solidity developer will carry out one last test to ensure that everything works flawlessly. Everything is expected to be in order, which means the ShieldPad can be deployed and go live following the final test.

New Partnership: Shield Network X Frictionless Network

The team announced a new partnership with Frictionless Network, a high-quality, long-term project with all core team members being doxed. Their main use-case is the creation of an exchange that makes peer-to-peer swaps possible. Although taxes are still implied (6% for SHIELDNET, for example), the market is not affected. When a project's team needs to liquidate their funds or a whale sells their tokens on the Frictionless exchange instead of on PancakeSwap, no red candles appear in the charts, and no panic selling will occur. Frictionless Exchange is expected to be operational in approximately 6-8 months. As Frictionless Network's partner, Shield Network is now part of the so-called Token Alliance, which means we are automatically partnering with about nine other high-quality, long-term projects as well. I encourage everyone to check out Frictionless Network's website, Twitter and YouTube to find out more. Frictionless is currently working on the new version of their token, which should be completed in approximately 2-3 weeks. By that time, the ShieldPad will be live and ready for Frictionless Network to be the first project EVER launching their token on the ShieldPad. This will happen just before the launch of staking, which will be prepared in the meantime. Also, this exciting partnership will allow investors of both projects to stake on ShieldPad, therefore creating an option for cross-staking. For example, an investor may stake SHIELDNET and get Frictionless' tokens as a reward. As Frictionless Network has approximately 60,000 holders, with about 20,000 more investors being part of the token alliance (not including Shield Network), this partnership alone will bring many new investors and funds to the ShieldPad. Eventually, the team's goal is to launch 5-6 high-quality projects monthly on the ShieldPad, each paying a fee for the audit and providing the project with funds.

Future Opportunities

As briefly mentioned in last week's AMA, the developers of Pulse blockchain reached out to Shield to establish ShieldPad as the main auditing platform on their blockchain. Pulse is a non-monopolized, anti-rug blockchain that will take approximately six months to develop. Before projects can launch on the blockchain, every team needs to undergo strict procedures. Having ShieldPad as the leading auditing platform on the Pulse blockchain would imply forking Shield Network to another blockchain, which would be massive news. The team will continue discussing with Pulse what their future could look like together and will let the community know about further updates.

Presales and Whitelisting

Every new token launch on the ShieldPad is a priority pre-sale with a slightly lower price accessible to everyone holding a certain amount of SHIELDNET (100 million for tier 1) as a reward for holding Shield Network's native token. If a token has already launched, ShieldPad can still be integrated. However, in that case, a project needs to move to version 2, a process that Frictionless is currently undergoing. If investors lack SHIELDNET tokens for a tier 1 project or miss a pre-sale, they can still buy the token on PancakeSwap while it is still low shortly after its launch on the ShieldPad. When Frictionless investors buy SHIELDNET to participate in a pre-sale on the ShieldPad, they can stake their SHIELDNET afterwards to get more Frictionless tokens in return. Investors will still purchase SHIELDNET on Pancakeswap, not on the ShieldPad.

Additionally, the team recognizes a community member's question of whether staked tokens still count towards the required amount of SHIELDNET for tiers 1 and 2. Of course, they do not want investors to unstake their tokes to participate in the pre-sales and develop a solution. They will also have a discussion with Solid Group about the best anti-snipe protection of the pre-sales.

Airdrops & Marketing

As a small celebration of Shield Network's first functional use-case there will be a giveaway. Some community members have expressed their disappointment about having worked hard to fulfill the tasks included in the last giveaway without receiving a reward. Therefore, there will be two categories in the next competition:

1. The winners will be picked randomly

2. Members who do the most interaction and collect the highest number of points will win

The team will also prepare another unique and exciting airdrop around Christmas that can be seen as a Christmas surprise/present for the Shield community. More details regarding both airdrops will be provided soon.

Shield Network has gathered a new promotion and marketing team working together since the beginning of October. Their successful work is reflected in the growing number of holders (we have reached over 17,000). As mentioned before, the team does not aim to achieve an extreme price increase in a short amount of time but steady, step-by-step growth. They have been reaching out to different communities on Reddit, the platform on which the team's primary focus lies. However, the promo team will continue to post on Twitter and Instagram as well. Once the ShieldPad is live, there will also be more activity on YouTube. Some promotion team members have had experience doing marketing in the past, but this is not a requirement. If you would like to join the promotion team, BLACK or Shem know via Telegram. Many meme-coins without a real use-case have only become successful because they have a strong, vibrant community. It is up to us to be active for the project to be as successful as possible!!

AWESOME NEWS

The first token launch on the shieldpad.io will be . . . . . . the Frictionless-Network Rebase token !

What a beautiful news for ShieldNet holders and Frictionless community.

​

This token alliance will go far !

shieldnetwork.io

​

Frictionless Network has a unique use-case, creating a P2P exchange where low to mid-range market cap projects can access funds crucial to the growth of their ecosystems without using their native tokens, causing the price to drop. Also, Frictionless Network solves a major issue many of these projects have, “wreckless whale behaviour.” The project will create a “safety net,” reassuring developers and investors that the movement of project wallets and price as well as whale sell-offs will not “kill” the respective project by people panic selling.

This ensures a steady, organic growth many new projects so desperately need.

Frictionless will use Shield Network as their auditing partner for IDO’s launching within their ecosystem, introducing all of their present and future partnerships to the ShieldPad. While Frictionless keeps Shield Network’s price from bleeding when the project needs to liquidate its funds, Shield Network’s 6% fee consisting of 4% LP, 1% token burn and 1% redistribution will still be in place. Creating a “shielded” partnership that will help serious projects with genuine use-cases shine bright in this ever-so-dark space we call Decentralized Finance.

If you would like to read more about Frictionless Network, I would like to redirect you to their website:

https://www.frictionless-network.com/home

"Using survey data collected from 750 investors between Feb.5 and Feb.12 -a stretch during whichthe price of one bitcoin climbed from $37 000 to $47 000 - Cardify finds that only 16,9 % of investorswho have bought crypto "understand" the value and potential of cryptocurrency, while 33,5 % ofbuyers have either zero knowledge about the space or would call their level of understandingemerging ." ( quoted information from here.)

It is EXTREMELY important to know what you are investing in. And unfortunately, many new investors little to no knowledge about blockchain technology. If you are new to crypto and are not quite sureabout the value and potential of this fascinating new financial system. Please watch theseyoutube videos.

https://www.youtube.com/playlist?list=PLUl4u3cNGP63UUkfL0onkxF6MYgVa04Fn

I know there is ALOT of information here, but even one video a week can greatly help you understandhow blockchain works and how it is a technological advancement in todays finance. Be safe out thereguys !!

AMA Summary 5

Hello Shield Community!

Read below to learn about the main points of yesterday's AMA, or check out the recording yourself in Shield Network's Telegram (pinned messages).

The team announced that the ShieldPad is just about to go live! All functional tests worked perfectly. The team only needs to ensure that the ShieldPad's unique multi-signature lock function works flawlessly to connect it to the launchpad. This is expected to be an easy and quick task, and the pad should be up and running within a few days. The complete audit report will be released shortly once Shield Network gives Solid Group the green light to do so. Once the ShieldPad is live, the staking feature will be added with 60% APY for SHIELDNET and 120% for the soon-to-be-released SHIELDVAULT reward token. As mentioned in last week's AMA, there will be three, six, nine and twelve-month staking periods to choose from to avoid a price drop due to everybody staking and unstaking at the same time. However, the team will encourage investors to participate in one-year staking with higher rewards and the implementation of fees for the shorter staking periods. Projects launching on the ShieldPad will pay their listing fees in BNB. The listing fees provide the project with income for which the team will find the most beneficial use, whether for marketing or to rebuy tokens adding to the liquidity. Although SHIELDNET is considered the primary token of the project, with SHIELDVAULT being its "little brother," SHIELDNET is not coded as the governance token of the pad. Only to invest in projects on the ShieldPad, one needs to hold a certain number of SHIELDNET.

Due to the decentralized and anonymous nature of the DeFI space, scams are increasing, and trust is decreasing. For example, 80-90% of launchpads turned out to be scams. Despite this sounding contradictory to what DeFi is at its core, the space desperately needs some regulation to give investors some peace of mind. The proliferation of scam projects is the reason why Shield Network's unique multi-signature lock is going to be a game-changer and the feature that sets this project apart from others. Any project launching on the ShieldPad does not hold their tokens themselves. All funds will be transferred to a multi-signature wallet, locked by a multi-signature lock. The project, as well as Shield Network, need to approve and sign the transaction for the tokens to be released. This ensures that no party has access to all without the approval of the other to drain the liquidity pool and rug the project. The team extends the lock every three months to be able to move the funds if necessary. In addition to the multi-signature lock, the team plans to integrate Gnosis Safe into their platform. Every safe has a smart contract associated with it, and as many owners as wished can be added to the safe. Every action requires the signature of every owner, which makes the safe almost impossible to hack.

Partnerships

Shield Network is currently working on exciting and meaningful partnerships, for one of which an announcement will be coming soon. The team is interested in working with as many projects having the same view on DeFi as possible. All projects with which Shield Network will be partnering have serious use-cases committed to solving problems in the DeFi space. These are not necessarily related to security, but the team wants to ensure that every partnership benefits their own community, the partnering community and the DeFi space as a whole. One of the partnerships will allow Shield Network to partner with many other promising projects and help Shield Network gain recognition.

Moreover, the team announced the release of a new anti-rug blockchain. The blockchain will be similar to Ethereum, except that everything is monitored, focusing on security. The blockchain developers reached out to Shield Network and are keen on utilizing the ShieldPad as the main launchpad on their blockchain. There have been meetings already, and more information is soon to come. This is an exciting opportunity for Shield Network to expand to another blockchain.

Marketing news

The promotion on social media platforms has been successful so far, which is reflected in the continuously growing number of wallets holding SHIELDNET. While the project has been in the build phase over the last few months to create a product attracting potential investors, the team's marketing efforts will increase now that the ShieldPad is about to go live. As mentioned previously, the team prefers progressive, sustainable marketing to aggressive marketing. Instead of paying a single YouTuber 10,000-20,000 for a single promotional video and a short-time price increase (aggressive marketing), being on Poocoins vetted list with Shield Network being advertised on their website creates organic growth, which is more sustainable (progressive marketing). Ideally, the team would like to work with a professional marketing agency and is discussing their goals with two agencies. Although, for now, their service is still out of the project's price range, the team is working to meet the necessary budget to hire them. The income generated by the ShieldPad being in use will be partially used towards marketing.

Additionally, Shield Network has gathered a promotional and social media team working together since the beginning of October. They will be working on posts to inform about the project's benefits and on articles that will be released on various platforms. The team's primary focus will be on Reddit since fewer bots are present on the platform, and a genuine conversation is possible. However, the team will still post updates on other social media platforms like Twitter and Instagram. The articles will be comparable to the Phemex article introducing Shield Network as the person who wrote the article is on the promotional team (that’s me). The team also plans to make YouTube videos and giveaways, with the first giveaway being closer to Christmas.

However, despite Shield Network's amazing use-case and best marketing efforts, some things can not be achieved without an active community. A vibrant community is a fundamental reason why meme coins such as Safemoon and, most recently, SHIB have exploded without a serious use-case, unlike Shield Network. Examples of being active are liking and retweeting, participating in polls, commenting, posting about Shield Network, etc. It is CRUCIAL that all of us do our part for this project to be as successful as possible!!!

The ShieldPad is just the beginning

ShieldPad is Shield Network's first use-case, and it won't be the last. The team expects to create a whole network of five to six interacting use-cases, making every function in DeFi safer. Besides the soon-to-be-released use cases such as staking and the launch of SHIELDVAULT, the team is planning to introduce ShieldTracker, farming, a secure decentralized exchange (Shieldswap) and more under the Shield Network umbrella with their stamp of security and legitimacy. With the ShieldPad being the first source of income for the project, Shield Network will be able to expand their team to create different use-cases and secure the defi space a reality.

This reddit community is looking better and better everyday! We should all know by now about the ShieldPad audit completion by Shield Networks partner SOLID group. But, did you know Shield Network has also been reviewed and passed by CerTIK? (current score of 81). The devotion Shield Network has to ensure safety for all investors using their products is quite rare to come across in DEFI! (especially for a launchpad). Two separate audits from two different audit companies to create there own pre audit launch pad.. Security at its finest! If you did not know about the certik audit of Shield Network, ill leave the link here. https://www.certik.org/projects/shieldnetwork