Gate.io AMA with MoonApp-The Layer0 + Launchpad Of The Injective Ecosystem

Time: Jan 12th, 2023 at 08:00 AM UTC
Gate.io hosted an AMA (Ask-Me-Anything) session with Chris Lee,Chief Strategy Officer of MoonApp in the Twitter Space.
Official Website: https://www.moonapp.io/
Twitter: https://twitter.com/MoonAppOfficial
Follow MoonApp on Twitter and Telegram

Guest

Chris Lee — Chief Strategy Officer of MoonApp

Q&A from Gate.io

Q1: For those who are just hearing about Moon App, could you please briefly introduce the project? What is Moon App?

Chris: Moon app is the new leading platform that has made IDOs & ISOs accessible inside an app. It is also combined with MEV Tools like Sandwiching, Sniping, Limit Orders and much more. Which are all widely available On Web, iOS & Android.

Moon App product integrates a launchpad , primarily for Injective projects, and trading bots - on-chain trading, placing on-chain limit orders, sniping presales, sniping liquidity and basically we were the first ones to create sandwiching bot, which is available to retail users.

Q2: What is your development progress since launching your app? How did the launch of the application and webapp go?

Chris: We’ve had significant growth since launch alongside the whole injective eco and we really hit product market fit.

Moon App launched on App Store, Google Play store and web app and reached 270 thousand users in just 3 months, 42k daily users that use our trading bots with 30k trades a day which is over $10 million volume daily. As for the launchpad we have reached over 90k participating in our first IDO, APP token, our utility token which had the most participants in 2023 and 2024 and we’re just waiting to get listed in a few hours!

Q3: As you said, Moon App has already launched its application on iOS, Android and Webapp with over 270k users! Can you tell us a bit more about what it is and how it works/features?

Chris: Yea sure so previously, trading bots have been only built in-house by market makers or technically advanced traders with big budgets. Moon App allows everyone to access these tools within 2-3 clicks on their smartphone, without advanced trading knowledge, in order to profit from the same strategies as hedge funds to drain market liquidity.

In our case, we call ourselves a trading superapp because we automate on-chain yield opportunities all within a single mobile app.

Soon, we’re introducing a crypto index, which will allow you to profit from trading a pool of narrative tokens all at once - for example, an index for gamefi tokens, AI tokens, injective eco tokens, etc.

Q4: How is Moon App different from other competitors in the space?

Chris: Moon App as a product is primarily a “dedicated” launchpad platform for the Injective eco.

That means that we work with several incubators in the space to bring promising projects to Injective. And our community can get into those projects by participating in the IDOs, before those promising projects get listed.

As everyone knows Injective has grown incredibly and I think Moon App will contribute to skyrocketing the TVL of injective by introducing great projects to the network.

We have a growing pipeline of full applications, games and other unique projects that will be following right after our token launch. I also believe 2024 is going to be the year of injective, and Moon App is going to be the launchpad platform where the success stories of many top injective projects will start.

Q5: Why do you choose to build on Injective? What attracted you?

Chris: Injective is the fastest growing trader community - and we have built the most retail-friendly trading app for retail traders. In addition, integrating with Injective is smooth and easy to do as integrating any EVM.

Especially given we can rely on existing infrastructure on Injective, such as routing trades through HelixApp, which is one of the most advanced native trading protocols on any chain, period. Of course, with our native Injective Launchpad, we see the opportunity to contribute to building out the next generation of consumer-friendly apps to Injective and make the network even stronger and more active.

Injective is currently in a unique and very exciting position where it has a very strong community already, and now is attracting top tier builders to build out advanced products that go even beyond crypto and into retail, which is going to be even more important with the bull market. With Moon App Launchpad, what we hope to do is assist the new entrants to the Injective eco with go-to-market strategy, marketing, or any other matter so that they build and enhance the user base of the network.