PolkaBridge x Deeper Network AMA Recap

This is a recap of the ask me anything (AMA) session held between the PolkaBridge and Deeper Network team on March 27 at 06:00 PM UTC. Deeper Network represents the world’s first decentralized blockchain network for building a truly private, secure and fair Internet. Deeper Network Inc. was founded in 2018 with the vision of leveraging blockchain technology to empower the real users of the internet.

The reward pool is 500$

Leading the AMA are the representatives of the project:

Cyclese — @cyclese_polkabridge — Co-Founder of Polkabridge.

Zeph Williams — @zephwilliams — Co-founder of PolkaBridge, also the UX/UI Designer

From Deeper Network, we would like to welcome:

Eric Ma — @ericma888 — Founder of the Deeper Network

Chao — @chaosma — Design and Implementation of the Deeper Network

The plan of AMA session:

Part 1 — Introduction and preselected questions.

Part 2 — Live questions

Part 3 — The Quiz about Deeper Network

PART 1. Introduction of project and community questions.

Eric Ma (Will never PM you)

[27.03.21 17:59]

Hello PolkaBridge!

Rr

[27.03.21 17:59]

[In reply to Eric Ma (Will never PM you)]

Deeper network is the Ido?? On pbr launchpad?

Eric Ma (Will never PM you)

[27.03.21 17:59]

What an incredible community. So glad to be here.

Zeph | Co-Founder PolkaBridge (Never DM First)

[27.03.21 17:59]

Hi Eric, hi Chao ^^

Zeph | Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:00]

Welcome both

Eric Ma (Will never PM you)

[27.03.21 18:00]

looks interesting

Rr

[27.03.21 18:00]

[In reply to Eric Ma (Will never PM you)]

What is the relationship with deeper network????

Eric Ma (Will never PM you)

[27.03.21 18:00]

certainly something we can discuss after the AMA

Chao

[27.03.21 18:01]

Hi, nice to meet you guys!

Cyclese | CEO & Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:01]

Welcome @chaosma and @ericma888

Zeph | Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:02]

Welcome to PolkaBridge community ^^

Eric Ma (Will never PM you)

[27.03.21 18:02]

How’s everyone today?

Cyclese | CEO & Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:02]

We are very excited to conduct an AMA for Deeper Network today

Cyclese | CEO & Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:03]

[In reply to Eric Ma (Will never PM you)]

I’m always good haha. thank you

Zeph | Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:03]

[In reply to Eric Ma (Will never PM you)]

Yeah, so good

Zeph | Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:03]

Ok, let me start

Eric Ma (Will never PM you)

[27.03.21 18:03]

good, ready to start when you are.

Zeph | Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:04]

Can you tell us something about yourself and Deeper please?

Eric Ma (Will never PM you)

[27.03.21 18:05]

Certainly

Eric Ma (Will never PM you)

[27.03.21 18:05]

So two key members of our team are here today. Myself, Eric Ma. I’m the CMO of Deeper Network. I used to be a core member of CoinMarketCap and joined the Deeper team because of how incredible of a project it is.

Eric Ma (Will never PM you)

[27.03.21 18:06]

you wanna introduce yourself Chao?

Chao

[27.03.21 18:06]

Sure

Chao

[27.03.21 18:06]

I learned Ethereum from my friend since 2014, since then I was interested in blockchain. In 2018, I participated in the core development for the Harmony public chain and served as a protocol architect. Now I am responsible for the overall design and implementation of the Deeper public chain

Eric Ma (Will never PM you)

[27.03.21 18:07]

Great

Cyclese | CEO & Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:07]

nice

Eric Ma (Will never PM you)

[27.03.21 18:07]

Our CEO Russell Liu isn’t here today

Zeph | Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:07]

[In reply to Chao]

I learned Solidity from Cyclese ^^

Eric Ma (Will never PM you)

[27.03.21 18:08]

But he’s a developer as well, previously of Intel as head of their R&D as well as Palo Alto Networks.

Cyclese | CEO & Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:08]

[In reply to Zeph | Co-Founder PolkaBridge (Never DM First)]

haha good mate

Eric Ma (Will never PM you)

[27.03.21 18:08]

Our Cofounder, Cheryl was involved at an early stage of blockchain and helped establish TRON and QTUM.

Cyclese | CEO & Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:09]

big background

Eric Ma (Will never PM you)

[27.03.21 18:09]

Or HQ is in Santa Clara, CA (Silicon Valley)

Zeph | Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:09]

Well, so promising team 😂

Eric Ma (Will never PM you)

[27.03.21 18:09]

We all get along great and have a similar vision for Deeper Network.

Eric Ma (Will never PM you)

[27.03.21 18:09]

Overall, we have about 40 people on our team

Eric Ma (Will never PM you)

[27.03.21 18:10]

Mostly in USA, Canada, some in Taiwan and China.

Eric Ma (Will never PM you)

[27.03.21 18:10]

:)

Cyclese | CEO & Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:10]

Nice. So are you ready for part 1 of the AMA?

Eric Ma (Will never PM you)

[27.03.21 18:10]

Yes, let’s do it

Chao

[27.03.21 18:10]

yeah

Zeph | Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:11]

Ok, you will have 8 questions collected from community to answer

Zeph | Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:11]

The first one was from @thanksdefi

What is the vision and mission of Deeper Network? What problems are you trying to solve?

Eric Ma (Will never PM you)

[27.03.21 18:11]

[In reply to Zeph | Co-Founder PolkaBridge (Never DM First)]

I can take this one Chao

Eric Ma (Will never PM you)

[27.03.21 18:11]

Deeper Network’s vision and mission is to create a more secure, private and fairer internet for everyone.

Eric Ma (Will never PM you)

[27.03.21 18:12]

With internet privacy and censorship issues becoming more and more of a mainstream problem, Deeper Network has the solution.

Eric Ma (Will never PM you)

[27.03.21 18:12]

With our Decentralized Private Network (DPN), Enterprise Security and Gateway to Web 3.0 all built on Polkadot blockchain, we want to return the internet back to the people who should have the rights and freedoms to all available information.

Eric Ma (Will never PM you)

[27.03.21 18:12]

don’t you agree?

Eric Ma (Will never PM you)

[27.03.21 18:13]

Many may not know about Deeper Network and may be amazed once they hear what kind of project we are.

Zeph | Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:13]

Yeah, I agree with you

Eric Ma (Will never PM you)

[27.03.21 18:13]

Founded in early 2018 and based out of Santa Clara, CA (Silicon Valley), we already have 5 generations of a working product. We have partnered with the likes of Amazon, Best Buy, Indiegogo and have sold over 10,000+ units worldwide already.

Eric Ma (Will never PM you)

[27.03.21 18:14]

This means we have over 10,000+ working nodes as a part of our DPN network currently. We’re a member of Polkadot’s Substrate Builder’s Program and won the Web 3.0 grant to build vital infrastructure for Polkadot.

Eric Ma (Will never PM you)

[27.03.21 18:14]

https://www.bloomberg.com/press-releases/2021-01-06/deeper-network-wins-web3-foundation-grant

Eric Ma (Will never PM you)

[27.03.21 18:14]

Good job on that Chao!

Eric Ma (Will never PM you)

[27.03.21 18:14]

Our CTO is the sh*t

Eric Ma (Will never PM you)

[27.03.21 18:14]

proud to say it

Zeph | Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:15]

So funny Eric 😂

Eric Ma (Will never PM you)

[27.03.21 18:15]

so i’m done. lol

Chao

[27.03.21 18:15]

😂😂 you go ahead

Zeph | Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:15]

DPN, it works same as VPN, right?

Eric Ma (Will never PM you)

[27.03.21 18:15]

[In reply to Zeph | Co-Founder PolkaBridge (Never DM First)]

NO!!!

Eric Ma (Will never PM you)

[27.03.21 18:15]

LOL

Eric Ma (Will never PM you)

[27.03.21 18:15]

I’m not yelling

Eric Ma (Will never PM you)

[27.03.21 18:16]

DPN is the decentralized version of VPN if you wanna see it that way.

Eric Ma (Will never PM you)

[27.03.21 18:16]

VPNs are centralized

Cyclese | CEO & Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:16]

yes i see

Eric Ma (Will never PM you)

[27.03.21 18:16]

they have central points of failure and can actually censor and steal private data

Zeph | Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:16]

Yes, I mean it works like a VPN but decentralized, right?

Eric Ma (Will never PM you)

[27.03.21 18:17]

Yes, with Deeper Connect, you are your own node in the entire network

Eric Ma (Will never PM you)

[27.03.21 18:17]

Yes, but works way better.

Zeph | Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:17]

More clear, thanks Eric ^^

Eric Ma (Will never PM you)

[27.03.21 18:17]

you have much more control

Bruce Leo|Chinapolka and BMW Venture Capital |

[27.03.21 18:17]

👍👍 cool

Eric Ma (Will never PM you)

[27.03.21 18:17]

no problem :)

Eric Ma (Will never PM you)

[27.03.21 18:17]

Hey Bruce!

Eric Ma (Will never PM you)

[27.03.21 18:18]

Our friend of ChinaPolka! Thank you for sponsoring today’s AMA Bruce.

Cyclese | CEO & Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:18]

so we should go to next question

Zeph | Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:18]

Yeah, hi Bruce, you are here, thank you

Zeph | Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:19]

[In reply to Cyclese | CEO & Co-Founder PolkaBridge (Never DM First)]

Sure

Eric Ma (Will never PM you)

[27.03.21 18:19]

ready

Cyclese | CEO & Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:19]

Q2 from @toney1230

On moving forward through DEEPER NETWORK roadmap, what are your most important next priorities?

Does your team have enough fundamental (Funds, Community, ect) to achieve those milestones?

Eric Ma (Will never PM you)

[27.03.21 18:19]

We are in the middle of our $DPR public sales. We used the strategy of using multiple initial dex offering platforms to help with marketing and reach more communities around the world.

Eric Ma (Will never PM you)

[27.03.21 18:20]

Our final round of public sales will be on Tokensoft. Coming up soon. You can check out our public sales info here: https://deeper.network/publicsalelanding

Eric Ma (Will never PM you)

[27.03.21 18:20]

This is an amazing time for Deeper right now. It’s the best time for the community to pick up DPR tokens before they hit the market.

Eric Ma (Will never PM you)

[27.03.21 18:20]

Upon the completion of the public sale, we prepare to immediately distribute tokens and list on decentralized exchanges. I see this happening no later than mid April. From there, we plan to list $DPR on a tier 1 centralized exchange then seek secondary markets after that.

Eric Ma (Will never PM you)

[27.03.21 18:21]

Our Deeper Network Mainnet will also be launching in Q3 of this year, which will open up our Proof of Credit mining of $DPR tokens. Our 6th generation unit of the Deeper Connect family, Deeper Connect Pico will completed by this time as well. The Pico will offer over the air wifi support for all devices.

Eric Ma (Will never PM you)

[27.03.21 18:21]

Here’s a view of our Deeper Connect mini which broke records on Indiegogo as the most successful blockchain project to ever hit Indiegogo: https://www.indiegogo.com/projects/world-s-1st-decentralized-vpn-firewall-for-life#/

Eric Ma (Will never PM you)

[27.03.21 18:22]

You can purchase them.

Eric Ma (Will never PM you)

[27.03.21 18:22]

We have some of the best backers in the industry and our community is very strong and supportive. Please join if you haven’t done so: https://t.me/DeeperNetwork

Eric Ma (Will never PM you)

[27.03.21 18:22]

We have no doubts we will achieve these milestones. Having previously been the global community manager at CoinMarketCap, I understand the importance of community.

Eric Ma (Will never PM you)

[27.03.21 18:23]

You can often find me very active in the communities connecting and helping answer questions community members have.

Eric Ma (Will never PM you)

[27.03.21 18:23]

I’m sorry if I am ever mean to you. Sometimes the questions deserve a snooty answer. LOL

Eric Ma (Will never PM you)

[27.03.21 18:23]

One of the my favorite things to do is to get to know members of our community especially at offline events. Boy do I miss those.

Eric Ma (Will never PM you)

[27.03.21 18:24]

I also love meeting new people from other communities. I was pretty amazed how big this community was.

Cyclese | CEO & Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:24]

[ 👍 Sticker ]

Bruce Leo|Chinapolka and BMW Venture Capital |

[27.03.21 18:24]

👍👍

Eric Ma (Will never PM you)

[27.03.21 18:24]

Done :)

Zeph | Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:24]

Sound good ^^ Ah Proof of Credit, hmm I think someone want you to explain more about this concept pls

Cyclese | CEO & Co-Founder PolkaBridge (Never DM First)

[27.03.21 18:24]

yup

Eric Ma (Will never PM you)

[27.03.21 18:25]

[In reply to Zeph | Co-Founder PolkaBridge (Never DM First)]

sure @chaosma

PART 2. Questions about the project from the live chat of the telegram community.

In this part, we open a chat for the crypto community for 120 seconds. Then the guests from the Deeper Network crypto project choose the top 10 questions. The 10 crypto enthusiasts have earned cryptocurrency in the sum of 1000$.

Q — 1 from a telegram user @FanDeFi

I am an EXPERIENCED DEVELOPER AND ETHICAL HACKER, do you have plans for HACKATHON so as to check the security of your ecosytem periodically and also invite developers to build?

Eric Ma (Will never PM you)

In reply to this message

Yes, we just won 2nd place at the Polkadot hackathon a few weeks ago! out of a team of 21. This is something we often like to participate in.

Q — 2 from a telegram user @XiuMay

Do you have a strategy to reach big offline commerce industries? Considering that even with the exponential growth of e-commerce most of the transactions worldwide involve those industries. Are you already partnering with one?

Eric Ma (Will never PM you)

In reply to this message

We are alraedy partnered with Best Buy, Amazon, NewEgg, many online retailers. But our vision still lies in Web 3.0. more sold units means more nodes which means stronger network.

Q — 3 from a telegram user @Aleksei

❣️Charmaine Eulalia ❣️

What are the possible ways to get $DEEPER ? Will it be exclusively through Farming? And what are the advantages of being a holder when using the platform? @chaosma @ericma888

Chao

In reply to this message

When we finish the IDO, you can buy it on uniswap. Farming is definitely one of the resources. But there will be more and more channels to buy DPR.

Q — 4 from a telegram user @CryptoCatcher

How can the community help create more awareness about your project?

Eric Ma (Will never PM you)

In reply to this message

Please follow our Twitter and join our Telegram group. Share out tweets. It would help spread awareness about our vision of a free internet. https://twitter.com/deeper_network

Q — 5 from a telegram user @MyrtleWelch

Your project looks good but it confuses me that there are so many other good Blockchain project. Why should I pay attention in Your project to give it the importance it deserves? What are your planning to achieve with your project?

Chao

In reply to this message

Yeah, there are many good blockchain projects. To me, one of main issues for current blockchain space is that there are not “native” productions. Basically, you build your chain and find your applications and your users. For deeper, we choose reverse approach. We first have a solid product and after many iterations, the products improved a lot and the users are happy about it. Thus we are attracting people from non-blockchain world into blockchain space. I believe in the long term, we can help increase the size of this market

Q — 6 from a telegram user @Yevuraj

dont you have plans adding deflationary mechanism in xDeFi platform?what is the total supply?

Eric Ma (Will never PM you)

In reply to this message

We are exploring the burn feature to fight inflation.

Q — 7 from a telegram user @Face

Do you have a Global ambassadorial Program or Referral Reward System? Does I get any benefit from holding DEEPER NETWORK token for long term?

Chao

In reply to this message

Yes, we plan to do referral reward system and integrate with our chain, so that in the early days our ecosytem can grow fast. basically speaking, you can refer to your friends and when they register and use the devices to mining, both you and your friends will get either a bootstrap on credit score of some amount of DPR tokens

Q — 8 from a telegram user @KizaMa

So many projects just like to speak about the “long term vision and mission” but what are your short terms objectives? What are you focusing right now?

Eric Ma (Will never PM you)

In reply to this message

Our public sale and listings on DEX and CEX. If you want to participate in the public sale, please KYC here! https://deeper.network/publicsalelanding

Q — 9 from a telegram user @HugggeBitcoinn

Do DEEPER NETWORK have plans for HACKATHON so as to check the security of your ecosytem periodically and also invite developers to build?

Chao

In reply to this message

We have just finished the Hackathon in Shanghai, China and won the second place. We also have plans to encourage developers to help us to build the ecosystem or secure the network. In return, it can be either DPR tokens or our deeper connect devices.

Q — 10 from a telegram user @Aleksei

One of the biggest problems with DApps is the inactive and useless state.People only create DApps but it has no use case or contribution to the blockchain ecosystem.What will you do to prevent and resolve this problem that may occur on Deeper Network?

Eric Ma (Will never PM you)

In reply to this message

We believe by creating an ecosystem for open development of Dapps will help create a healthier DApps ecosystem. Developers will want to develop good apps and earn DPR when selling their DApps. Users will want DApps which are decentralized and good to use.

Part 3 — Quiz about project

In the final part, we tested the knowledge in terms of the Deeper Network project. They’ve prepared 4 questions for this part, so everyone could be a part and answer. Participants had 10 minutes to answer. 500$ was distributed between the winners.

The first decentralized bridge between Polkadot platform and other blockchains

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store