Missed our AMA with GAINS Associates? don't worry we got you covered!

ALOE TOKEN
4 min readSep 28, 2021

Hello Readers👋

This week the team participated in answering all questions asked by the ALOE TOKEN community during the AMA thread on GAINS. As a lot of valuable information has been shared, we’ve listed the questions & answers below for a broader audience to discover.

QUESTIONS BY GAINS

What is the Aloe ECell project about in a few simple sentences? How long have you been working on it and what was the inspiration behind it?
Aloe ecell encircles around the Aloe ecosystem which focuses on bringing batteries on blockchain.

We aim to commercialize our 100% eco-friendly Aloevera batteries,

Setup an incentivized Battery collection and recycling mechanism.

Commercialize e-waste to gold standard fertilizers developed from used batteries.

Giving high rewards to our holders.

We have been working on it for three and a half years now.

Solving the problems of e-waste and people’s expectations from us have always been our inspiration.

What sets Aloe Ecell apart from the competition?

Aloe Ecell is the first project to set up a complete ecosystem right from the development of batteries to its disposal.

World’s first Aloevera batteries, the tokenized incentivization of battery collection and recycling mechanism and creating fertilizers out of the used batteries, and incentivizing its long-term holders sets it apart from the competitors.

Moreover, support from some of the leading organizations and investors adds to the taste!

Did you raise funds so far? If so, how did you handle them? Are you planning to do any future raises?

The support received from the crypto and non-crypto community has been exemplary and has motivated us head to toe.

Yes, we have recently closed a deal with an Indian enterprise and we are in bootstrapped mode yet and are strategically working with some of the leading organizations.

Yes, we are planning to raise the next round soon.

What role does the token play in the Aloe Ecell ecosystem?

The token is the backbone of the Aloe ecosystem. It is used for incentivizing the battery collection mechanism by rewarding the battery collectors and depositors with Aloe tokens and giving discounts on aloe ecell products. It is used for rewarding the long term holders, community members, etc

With respect to your roadmap, what should we expect in the next weeks and months?

Testing and commercialization of aloe ecell batteries and pilot of aloe ecell fertilizers and collection mechanism

TWITTER QUESTIONS

At Aloe Ecell they have created the world’s first 100% ecological and non-hazardous batteries using #Aloevera. But, can you explain what kind of devices can use their batteries? In the future could you develop other products based on #Aloevera?

@antonnio50221026

All the low and medium drain devices like remote controls, clocks, toys, flashlights, etc

Yes..after commercializing primary batteries, we aim to move towards secondary batteries and manufacture other products too.

Almost 3/4 of investors are focused purely on the price of token in short term instead of understanding the real value and health of the project. Could you tell us on motivations and benefits for investors to hold your token in long term?

@Patha191

that’s true most of the investors focuses on purely on the price of the token in short and our motivation to make them hold aloe for the long term lies in our Roadmap which is going to reveal many Unprecedented utilities for Revolutionary technologies and E-Waste collection mechanism which will be adopted in many countries in coming future.

to be a part of this ecosystem more and more people would join and scarcity would be created and eventually, that would lead to high token demand and value benefiting long-term holders.

@lalpori11

Our community and audience have been our important pillars and we tend to fulfill their needs thus, taking their feedback and working for them have been our important aspects of working.

Trustworthy to the investors?

We have been working hard to create an environmentally friendly ecosystem and a lot of organizations and investors have been supporting us throughout. The trust of various governments, embassies, organizations, and individuals has helped us to come along, Aloe Ecell is a well-known brand supported by people across the globe. Moreover, the transparent battery collection system created adds to the trust.

To stay informed on Aloe Token’s journey, make sure to follow us on various social media.

Twitter |Telegram | Medium | Facebook

And please feel free to send a mail to contact@aloeecell.io if you have more questions.

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