Fortnightly AMA — 20/11/2021

When stacker ventures invested into Saren there was a time lock on their tokens what will happen when they receive Orbit?

Yes, their tokens will be locked still until their unlock period.

You mentioned the possibility of a locking period for the IDO purchasers and current SAR holders that was being finalized with the tokenomics. Do we now have that information?

This info will be finalized once we have the IDO partners.

What platform are you using to launch and why did you choose them?

We have sent out applications to multiple IDOs and will announce once we have the final one ready.

In the chat, the detailed roadmap was to be shared this week. Is this still the case as will probably answer a lot of the questions?

The roadmap is attached to this message. We decided to do a core features document instead of a detailed roadmap document which details each of these.

When will the launch be?

We aim to launch as soon as we have IDO partners.

Do we have a date for the token swap to be completed?

This date will coincide with IDO/ICO launch date.

Is there a date when ICO will be done? What is holding Orbit back?

We don’t want to rush into anything and have a botched launch as we did with Saren. We are aiming at an ICO with a market cap of $50M for Orbit which is realistic according to our competitive analysis.

How is the work progressing with new employees and is there any plan to hire more people?

We currently have a team of 7 employees and are happy with the speed we are progressing with. Many have joined recently and are focussing on the upcoming IDO/ICO.

Will the new name will be orbit?

Yes, we have registered orbitdefi.com and are currently migrating all branding to Orbit.

The marketing plan has been worked on for months but we are not seeing any content as presumably not yet been launched. Do we finally have a date for the official take-off?

We are working to finish our v2 and most of our marketing will be around that. We’ll drop a demo link to the app next week. As of now, we’re working on the mobile site, the desktop site is 95% done. We’ll soon begin testing. On top of that, we’re also rebranding everything from Saren to Orbit. Our target is to completely launch before the end of the year.

The new launch is going to be key in getting new interest in the project. What are the key feature and key benefits of Orbit that will differentiate it from the competition?

Here’s a competitor comparison chart highlighting key differences between Orbit and other applications

What will be the roadmap for 2021 and 2022?

Here’s a snapshot of our current planned roadmap for 2021–23, obviously this is high-level and may change to keep up with the market trend.

What is your price target for Saren? What do you expect?

We aim to launch Orbit at a $50M USD valuation which is in line with our competitors.