Time : June 02/ 12pm UTC / 19.00 WIB
Venue :
CryptoSumatra Community Telegram Group
Speaker :
Kevin Tseng (CEO) and Bob Chien (Head of Marketing $ Community)


Q1. Could you give us a short introduction about you and how you get into NAOS Finance?

Hi, this is Bob. I am an experienced founder in the e-commerce and technology space. My interest in NAOS lies in the value I think NAOS will bring into the commerce world. As someone who was a founder of a supply chain company, I understands that bringing real world assets onto chain is the future.

Kevin Tseng is co-founder of NAOS Finance. He co-founded Zalora (acquired by Central Group), and was early employee at Rocket Internet where he built FoodPanda’s Taiwan presence (acquired by Delivery Hero), Lazada (acquired by Alibaba Group), and Groupon Southeast Asia (acquired by Tencent Holdings). A veteran of the startup scene, Kevin is bullish on the future of DeFi and views the space as the next logical step for institutional and personal finance. He holds a degree in economics from the University of Pennsylvania.

Q2. Can you please briefly describe what is NAOS Finance and how it works?

NAOS is having an ambitious plan to revolutionize the entire DeFi industry as we know it

Right now, DeFi is 100% crypto and is only for the people in Crypto

NAOS is building a “real world asset” based infrastructure that connects traditional finance and DeFi

this will allow traditional companies and individuals to borrow from DeFi, also allows DeFi technologies and innovations to be used in the real world

the way it works is: traditional companies and submit loan request, it will be evaluated by multiple validators and the assets will be tokenized into NFT

then by using the NFT as collateral, they will be able to borrow money in a decentralized manner

Q.3 Please tell us some progress & achievement from NAOS Finance Roadmap.

From the product POV. NAOS Finance Protocol is one that bridges TradFi and DeFi, with complex operational and technical design.

We will launch the entire protocol in stages, first with “Formation” — the Liquidity Protocol, then with “Galaxy” — the Lending Protocol.

We are working on several partnership now, for example, we got the green light from MakerDao community vote.

As a bridge between DeFi and TradFi, the NAOS Finance Protocol is designed to encompass both funding/liquidity and lending components.

We have already originated 300M real-world asset.

From investor point of view, we are listed on Uniswap, SushiSwap and gate.io

If you are interested, you can go take a look.

there are many hidden advantages that NAOS have

NAOS has financing licenses in 4 different countries, which is a very important achievement that no other DeFi project has

Q4. By the way, how many people/backers are there in NAOS Finance team?

We have a decentralized team located all over the places

our portfolio and legal teams are in the US

tech team is in Taiwan and Beijing

Growth team is in US, Taiwan and Singapore

we also have operational team working on the asset origination in Indonesia, Philippines, Vietnam, India and Mexico

in terms of backer, we have a over 30 institutional and individual investors


Coinbase Ventures

Mechanism Capital, Hashkey, Spartan Group and many top crypto investment funds

Indonesia is a major market for us

that’s why we have a Bahasa channel on Discord!

Why do you think Indonesia for your major market?

Indonesia is the largest and fastest growing economy in Southeast Asia, and we believe Southeast Asia is going to be the future

When looking at the fastest gorwing startups

Grab, Go-Jek, Tokopedia, Bukalapa, Kredivo

their successes are based on the fast growing demand in Indonesia

for NAOS, we’re considered as “Fintech + Blockchain”, which we see to be the biggest opportunity in Indonesia

We have good relationships with many of the top Indonesian companies, including Sinar Mas, Tokopedia, PandaCredit, there will be many interesting partnership opportunities for us

Twitter Question

Q1. In your description it says that NAOS tokens can be earned by depositing compatible tokens, what is the list of tokens that are compatible with NAOS and how do they evaluate the cost of each token compared to NAOS?

I assume this question is about our product. The “formation” part. You can deposit stable coins.

and you can have a closer look here: https://medium.com/naos-finance/behold-naos-finance-product-roadmap-2c3d9fc38ab4

Q2. Could you really tell us why NAOS will require each user to complete a rigorous KYC and AML? If you really want to eliminate everything related to traditional finance, why implement KYC?

we designed the product so it’s both compliant and “defi”!

we have designed the product so lenders can stake in different pools

the “Alphia” pool is designed for institutional liquidity providers and lending partners such as MakerDao, there will be basic KYC as required by law

the “beta” pool is designed for retail and DeFi centric lenders, where they can participate in the staking without KYC

Q3. What do you think will increase the price of the NAOS token? Do you have any plans to create scarcity of NAOS tokens such as burning or buying back? or do you have your own method for that?

our business model has a very clear value capture proposition

  1. once we deployed real world assets on chain and getting them funded, NAOS will be profitable immediately and generating revenue, the revenue will be used to conduct token buyback
  2. the token will have governance property allowing the community to decide the incentive plans for different staking pools
  3. we’re working on the plan to require borrowers to hold NAOS tokens in order to borrow, which will decrease circulating supply by holding

To add into this question, would like to share with us NAOS tokenomic chart?

you can find the article here. https://medium.com/naos-finance/naos-finance-community-newsletter-tokenomics-a0caadfb26ce

Q4. As a Lending-based platform will Naos Finance also involve Staking, Mining, Farming and NFT which are currently popular among the wider community and provide many benefits for its users?

absolutely, staking and mining is part of the real world lending product design

unlike a typical DeFi project, NAOS’s staking is to amass liquidity to do real world lending

we will also have standard liquidity mining program, we currently on Sushiswap’s Onsen program

If you are interested in participating our program with Sushi, here is the article.

Q5. On the website it says that Naos accepts real world assets as collateral. Please explain how the loan process on the Naos platform uses land certificates as collateral? And how is the verification and validation process?

Like Kevin mentioned earlier, we work with licensed fintech partner as our asset evaluator and validator.

We work mainly with corporate debt, supply chain financing these type of fixed income RWA.

Because our fintech partner is fully licensed, so we are compliant in many countries


Q1. Almost 80% investors have just focused on price of token in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in long term?

Hi, we are here for the long game. We are passionate about RWA and we are passionate about solving real world problem with defi tools. We focued on our prodcut development and like Kevin mentioned before, we have solid business model and will generate revenue right after product deployed.

Q2. What is your progressive plan to ensure that project remain relevant and valuable in next 5 years ?

NAOS is connecting Traditional finance and DeFi, in the next 3–5 years, we will continue to bring top quality real world assets on-chain, with the growing size of assets on-chain, the NAOS Protocol will be more valuable

Q3. What kind of partnerships with different projects/platforms/protocols can we expect from #Naos_finance in the future? Could you give us some examples of how other projects can leverage #Naos_finance ?

We will replicate the financial ecosystem we see in the traditional finance, so we will be partnering with corporate borrowers and lenders (MakerDao), insurance companies (Nexus Mutual), data services (Chainlink) and many others

Q4. Focus on building and developing or getting customers and users, or partnerships?

We are focusing on building an amazing prodcut that connects real-world asset and defi world. Partnership is very important in defi world because partnership allows investors to have more options to invest their future. We have existing customer network with more than 2500 SMBs. Unlike other projects, we do have solid business model and revenue generating plan.

Q5. Can you indicate a feature or feature that you like best about the platform so that it can compete with other competitors? What are you most confident about for your platform? Do you have plans to get users to choose your platform?

We are different from other DeFi protocols because we have real use case in the real world, and already have a large network of partners to build the ecosystem. NAOS is both a liquidity provider and lending protocol, which makes us very unique to take advantage of the both worlds

Q6. As an individual user ,In what ways can I contribute to the development of NAOS? Do you have Ambassador programs and what are its benefits?

We are still working on the Ambassador program plans, we will provide NAOS Grants for contributors to help us in different areas such as community building, promotion, product developments and code reviews! Please join our TG and DC to discuss

Q7. In decentralization, We all know that speed is needed, as is the current problem faced by the expensive Eth Gas Fee and the slowing of the transaction process. what are your plans to deal with this problem on NAOS ?

We are building on both Ethereum and BSC, we will continue to look for other technical solutions to further increase the speed and decrease gas fees

Q8. When following the road map- what are the most important priorities next? Does NAOS Finance team have enough basic reserves (funds- community- etc.) to achieve these milestones?

We will be focusing on building an ecosystem to support the real world asset infrastructure.

In addition to building our own products, we will be forming strategic partnerships and do product integration with many other projects

Q9. How important is the community to you? and how can we collaborate or help you for the development of the project??

Community is definitely important to us, in fact, one of the most important puzzles. Without the help from community, the project won’t be that successful.

Please do join our telegram: https://naos.finance and discord: https://discord.gg/S5mnWGpM

We will keep you updated and would like to intact with you if you have any suggestion to the team.

Q10. Only getting users, holders etc is not everything. In my opinion, a project needs to deal with solving a real world issue or problem What is the problem that your project primarily focuses on?

We are solving a real world problem!

There are many good companies not be able to get loan from the banks, or even in Indonesia, some companies are getting loans from the banks at very expensive interest rate

We are here to solve that problem!

Q11. What are Your Project plans for global expansion, what are your currently focusing on, expanding or listing more exchanges, or building your ecosystem or marketing and partnerships?

There is no priority in crypto world but we focus on product development because of our long term vision. However, like you said, listing and partnership are also important too. We are working on these two fronts as well. Please follow us.

Q12. What is PROJECT’s revenue model? In which ways do you generate revenue/profit?

We offer borrowers a better rate when they take loans from DeFi, much lower than if they take it from the banks, and we charge a small fee on it

Q13. Do $NAOS holders have right to participate in the governance of the project? On what kind of decisions can they vote on about the project?

We’re designing the process so the token holders and decide on
1. the approval of an asset to be onboard
2. the interest rate to be charged
3. the use of treasury
4. product development and implementation
5. asset class expansion

and many more to come

Q14. What are the milestones you have achieved so far? Sharding, layered and cross-chains are the three future solutions for high-performance blockchains. So which way is Your Project heading? And what are the main reasons for implementing that direction?

We build our produt on Eth but will have intergration with other chains in the future e.g. BSC. Multi-chain solution is the future and we do have a bright future.

Q15. I would like to know if you’ve completed any security audits? Perhaps by third-parties? We’ve seen dozens of hacks, exploits and stuff like that this year, What measures have been taken to protect NAOS community from it?

Yes, we have completed the first round of audit, and will engage more audit

auditors to help making our product more secured!

Q16. I believe that NAOS is really Great and has very big Potential to Thrive in the future. Can you please Tell me how I can do Investment with NAOS? Do you have any ICO or maybe presale now?

Thank you. If you’d like to invest, you can check uniswap, sushiswap and gate.io

This is the end of live segment, and almost the end of this AMA session with NAOS Finance.

It is our pleasure to have you and NAOS Finance.

And thank you for spending your valuable time with us here. We wish all the best for NAOS Finance!

For further information about NAOS Finance can be found on :

Website : https://naos.finance/

Telegram : https://t.me/naos_finance

Twitter : http://twitter.com/naos_finance

Medium : https://medium.com/naos-finance

Discord : https://discord.gg/rRaPwCVTaA

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