Transient AMA Transcript

"Transient is the Smart Contract Global Marketplace for non-coders"

By
BSCNews
on
December 1, 2021
Category:
AMA

Andrew (DeFi Direct)

Hello everyone and welcome to the AMA with Transient!

Today we have Beau the CEO and Gabriel the Marketing Lead for Transient . Great to have you guys here

Beau

Hey everyone 👋 Great to be here!

Andrew (DeFi Direct)

Yup, great to have you

So how this will work is, the AMA will consist of two rounds. The first round will be us going through the questions that I had prepared for you before hand. And then the second round will be a community round where I will open up the room to allow questions to come in. The second round is also where we will select the two winners of our giveaway

Sound good?

Beau

Let's do it!

Zani

Hey! Sound awesome! We have a lot to share!

Andrew (DeFi Direct)

Awesome

So to kick things off


1. Please introduce yourself and the team behind Transient.


Beau

A little about me - my background is running large scale technology projects and platforms at multinational companies in the ecommerce space, particularly in online gambling (at the biggest in the world), banking/finance and insurance.

I've been a long time investor in crypto and the idea spawned from my co-founder trying to bring smart contract adoption into the real-world - the idea was centred around crypto use cases. With my experience in these corporations and being inside these strategies, I saw an untapped opportunity to not only alleviate the need to be a solidity dev, but also extend into the commercial and enterprise space

At the moment (and we are growing) we have a core team of 10. Me (CEO), Zani (Marketing Lead), Lead Blockchain Engineer, 4x full-stack devs, design lead and 2x community/marketing.

With backgrounds that go all the way from largest holding of online gambling companies in the world, including working at Sportsbet and Paddy Power to members that have previously worked at Binance. You can check full team profiles on our Medium:

Andrew (DeFi Direct)

Oh wow that's really neat


2. What is Transient and how are you contributing to the BSC ecosystem?


Beau

Transient is the Smart Contracts Global Marketplace - an ecosystem that gives non-coders the ability to create their own Next-Gen Contracts in the digital world. Increasing blockchain adoption across every sphere of industry and life. 

Plain and simple - Transient’s goal is to be the prominent dApp utilised across any industry at any level of transaction – with an immense focus of tapping into the corporate and enterprise market across traditional, DeFi and how we may transact into the future – specifically the systematic creation of smart contracts – to give those that may not otherwise experienced it, their first steps into the wonder of blockchain.

We are a game changer in terms of the transaction volume one single price prediction pool can generate through some of our dapps - particularly CryptoPool and Esports. That’s why we firmly believe that BSC will have a project such as Transient generating significant transaction volume and growth. 

You can check a video on how Crypto Pool works here:

Andrew (DeFi Direct)

Yeah great, so before we dive more into that


3. What makes Transient unique compared to other projects out there?


Zani

Unique UX/UI with non-coders being able to create smart contracts, while offering so many different solutions through smart contracts at the same time.

Integrating crypto price prediction, esports market, NDA and smart contracts for non-coders features in one single marketplace is just the tip of the iceberg of what we are already accomplishing in the crypto space. Of course having a global team with different qualified backgrounds also is a huge part of our success. 

Summing up, real use cases. We do have many use cases and that's what makes the biggest difference.

Andrew (DeFi Direct)

Oh yeah I love the real life example that you used there


4. What is $TSCT and what utilities will it have?


Beau

We have already scheduled 4 different dApps to kick off our own internal ecosystem. TSC-Core (a smart contracts for non-coders platform) is already out on the market (BSC). CryptoPool - which is our price prediction solution - will be out in mid December and this will lead up to our main dApp so far which is Esports - that’s coming live on Q1 2022, right together with our NDA dApp. 

To interact with all of them, of course you will need to hold $TSCT that btw is getting listed on PancakeSwap in the next few hours! 

Liquidity mining, Transient Tiers which is our loyalty system through staking and other features make it a no brainer investment even for the ones that are not necessarily interacting with our dApps day to day. 

You can check more details on it here:  

Andrew (DeFi Direct)

About how much do you need to hold to be able to access the Dapps?

Beau

As much as you hold gets you access to the Transient Network, but the real benefits come in when holding enough for our Transient Tiers :)

Zani

The more and longer you hold, better the features you have access to! 

Andrew (DeFi Direct)

Gotcha, so while we're on this topic


5. Please tell us how you reward your holders


Zani

As previously mentioned we do have a Tiering System and we are also in the development process of our own staking platform. Holders will not just have their earnings but also different features inside the platform.

We have 3 different Tiers (Basic, Standard and Advanced) that take into account the amount of $TSCT held and time of holding. When you become an Advanced Tier you become eligible for a all the benefits in terms of what you can do inside our ecosystem.

You can learn more about what every single tier looks like and the benefits of holding $TSCT here

Summing up, earnings and features. That's what you get - besides token price appreciation.

Andrew (DeFi Direct)

Great!


6. Can you give us a brief introduction to the categories of your marketplace and how they can be used?


Beau

We have 4 different dApps which you can also call “Smart Contracts categories” lined up to be on mainnet leading into Q1 2022. 

1️⃣ - TSC-Core: a smart contracts for non-coders platform which is already out on the market (BSC, ETH and HECO). With features like transfer, deposit and digital signature it gives users the ability to create what we call “Next-Gen Contracts” (making it sound less tech savvy than Smart Contracts) without coding.

2️⃣ - CryptoPool - which is our price prediction solution - will be out in mid December. Focuses on the ability for users to create their own pools for crypto-price predictions and share in the winnings — with creators being rewarded for their contributions. Put your money where your mouth is!

3️⃣ - Esports - creates an ecosystem of P2P market creation of your favourite competitions and a number of services relating to facilitating esports competitions and team management. You certainly have that friend that never pays for his lost bets - we're really excited for this one!

4️⃣ -  creates a home for anything and everything to do with allowing you to work with your partners or clients at ease. You’re now able to reach an NDA agreement with anyone, anywhere, anytime.

Really, that is just the start - logistics, Influencers, Banking & Finance, Medical and Insurance are sectors we'll disrupt with our Next-Gen Contracts.

Andrew (DeFi Direct)

Okay nice! Yeah it is very innovative and seems like it would hold a lot of use cases for the future of DeFi!


7.  Is everything on your platform audited? If yes, please briefly explain the process and recent updates.


Beau

100%. Omniscia is our audit partner. Their track record in this space was second to none — servicing over 50 clients, including Fetch.AI (FET), Alliance Block (ALBT), Polkadex (PDEX) and Kusama (KSM) just to name a few, the results spoke for themselves and the decision in the end, was a simple one.

You can check the article on our Medium that tries to ease the complexity so every non-tech savvy investor can also understand it. In the article we also link the detailed audits so everyone can take a look at it.

Andrew (DeFi Direct)

So then would smart contracts that are created using your platform be technically audited as well?

Beau

Correct - a key point here though is each dapp will be audited separately given their will be various functions required. We need to ensure the interaction of each use case is unique and is tested appropriately.

Andrew (DeFi Direct)

Okay gotcha, thanks for that clarification


8. What visions do you see for Transient going forward into the future?


Beau

Our goal is to redefine the smart contract offering by creating the simplest, most secure and highly scalable application in the market – as a team we are clear that our focus will solely be on fulfilling our core objective and will partner with and utilise market leaders for enabling services - allowing our energy and resources to be hellbent on our mission. 

As we have been locking up partners on the esports space throughout the globe we definitely can see ourselves as the main pool service provider for esports in the crypto space and potentially being the 1st one to integrate interactive/social pooling with blockchain gaming. 

Huge ambition but we believe we have the team to execute. 

Andrew (DeFi Direct)

Yeah that would be huge! Especially with the recent boom in the GameFi space


9. Any exciting news you would like to announce here today?


Zani

We do!

First of all, $TSCT is going to be listed on PancakeSwap in the next few HOURS! Yep, you read it right. Next. Few. Hours.

Besides that the other huge news we have is a CryptoPool Warm Up Promo.

As you know our 2nd dApp is going to be live by mid December and we are having $5K $TSCT pools this week for the ones who can correctly predict $SHIB price by Friday.

Do you think you can do it? It’s free to join on our testnet.

Guess it now ⤵️

Andrew (DeFi Direct)

Awesome! and do you think you would be able to provide us with links to your social media?

Zani

Absolutely. You can pick the one that fits you the best!

Telegram:  

Twitter:  

Medium:

YouTube:  

Website:

Andrew (DeFi Direct)

Nice

Make sure that you all go and check out Transient everyone!


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