Vikram Rajan on predictive analytics at Rocket Vault Finance

0:01i'm ashton addison from event chain for investmentpitch media and the crypto coin show and today on blockchain interviews we have vikram rajan the head of operations at rocket vault finance vikram welcome to the show and thanks for taking the time to be here today hey ash how are you uh really excited to be on your show so appreciate it you're welcome and i'm i'm

0:21really excited to talk about rocket vault you have a really interesting project and i would love to kick it off from you with a high level overview and the focus of rocket vault and then we can dive into the details sure absolutely so if i were to summarize in one sentence so rocket vault is kind of a one-stop solution for simplifying crypto value investing and

0:43with that what i mean is users can actually deposit tokens into our smart wallet our smart port is powered by ai and machine learning and we have integrations with exchanges with over 800 pairs and the best part is users can get rewards uh as high as 100 percent or 200 80 bucks so it's kind of a win-win for investors even if you're a novice

1:11investor or if you're an experienced crypto investor wow i didn't know that there was over 800 pairs and obviously the apys are going to vary with some of the main assets i'm guessing uh you're getting a gen you're still getting a generous apy and i've heard a lot in the industry more recently about staking and having rewards for staking is there a specific

1:33difference between just regular staking and using the rocket vault yeah well essentially uh the best part is our our smartphone our platform has uh two components the first is you need to acquire and state the rvf tokens to get access to our smart vault and then after that once you have that that'll enable you to kind of deposit uh a certain amount of uh

2:00crypto and stable coins right now and that crypto kind of accrues interest based on a smart work while the rbf tokens you stake actually accrues a kind of uh fix taking api which starts at 12 so it's kind of a win-win for the tokens you state as well as 40 assets you deposit very cool and the smart vault is the reason that it's smart is that it's powered by predictive analytics and

2:27machine learning can you explain a little bit more on any details into you know these predictive analytics what makes it special and how the high yields work with that sure absolutely so the smart world is actually our team has been working with the smart world technology and has been testing it for over two years now the smart world is more than just an automated trading

2:52system so at the heart of the smartwatch you have like a real-time monitoring system which actually monitors data from over 800 800 different coins and tokens across exchanges you have a treasury management system which kind of keeps a reserve depending on whether it's a bull market or bear market and then of course you have a trading engine she'll actually

3:15book the orders and essentially uh i would say the best part is it's a completely data-driven approach so one of the main differences in being a a human crypto investor and like an ai powered vault is we as humans are kind of sprayed by you know a lot of emotions so i would kind of invest in this this project because i think it's cool i think that it's going to benefit a lot

3:41of musicians or i i think it's going to benefit my community but if you look at a bot bot is just going to analyze the data and tell hey this is going to get me the best record i'm going to make the investment and it's done so it's as simple as that definitely and i haven't really heard the term vaulting too much in the crypto industry so far uh in in decentralized finance you can lock in

4:08your stakes but in terms of vaulting it seems unique is this the main unique factor for rocket vault and do you find it as a competitive advantage or do you see other competitive advantages in the crypto market that you have right well actually uh if you look at look at the triple space right now you do have really high yields in terms of you know d5

4:32yield farming liquidity liquidity mining but that carries a lot of risk on the other hand you also have your you know short-term uh stake and on rewards you might get like 12 percent apy 15 apy but i think the best part of our of our system is it's really a long term long term sort of plan you get rewards every quarter because you give the smart world enough time to kind of put the

4:59orders and make the right investments so i think you're kind of positioned in a a pretty unique space right now which which i would say is an adapter definitely and the platform is fairly new i believe are you right now still in closed beta open beta how long have you been working on the platform and what stage are you at right now yeah so right now i mean uh the platform

5:23or the smart wall technology itself uh like i mentioned it's been uh it has been tested by a team for over two years so what we did from january is we actually took fifty percent of the precede investments we and we kind of put it in a smart world ourselves and that has been kind of earning interest since january of this year and we are really amazed at the results

5:48we have been getting i think over 220 apy so far just based on the last two or three months so it's been exciting to feel that it has great potential that that does sound great and for the users that are looking to start early on with rocket vault what are the primary assets that are available in it and do you have plans on expanding out in the near future as well

6:13sure yeah so uh essentially we're going to start off small so we are going to start off obviously with the year the rbf tokens the rocket power finance tokens which are going to stake and gives you access to the world in terms of crypto assets in the world itself we are going to start with the usdt erc20 uh stable coin because i mean obviously it's a very

6:37uh it's a fairly popular crypto asset a lot of people have but yeah uh as soon as we go live uh i would say in the first few months or maybe the first two quarters we kind of uh we are really open in kind of introducing more assets like eth or any of the common crypto assets so uh it would really give user users a lot of flexibility and a lot of options to

7:00say okay hey i'm going to put this into the wall and i'm going to put this into a box so it's really exciting definitely and in terms of the compliance for this kind of platform i'm guessing you had to go through some regulatory hurdles to get this approved can you talk about uh the regulatory environment for rocket vault sure yeah well uh i think to start off with uh we were

7:23very clear with the token sale uh the pre-seed and all the initial investments private sale and a public sale we kind of ensure that we are only operating in the geographies in which we are you know fully compliant from a legal standpoint um in terms of the world and rewards itself uh we are in the process of obtaining financial audits and we we have got it for the

7:49last two months and it will be a regular feature so if the vault has completed two quarters you will have uh independent financial audits for each quarter to to actually attest that the vault has made so and so on profits in terms of the uh the token uh the token smart contract we have also we have also completed our security audit from solidarity finance so we're trying to

8:14cover all our bases here definitely and that's great to have those audits and speaking of the token the rvf token you you spoke about how you needed to start locking that up to be able to access the smart vault as well are there other functionalities for rvf token and how else is it used within the ecosystem and does it create a sustainable ecosystem

8:36yeah i mean i think one of one of the biggest advantages is uh we really envision rbf uh the rvf token to kind of be for long-term investors it's not a flash in the pan uh which is why we kind of incorporated the uh the fact that we're going to make it a 100 utility base token so uh in order to access the wall services like i mentioned you definitely need to stake stake a

9:04certain certain presentation for tokens so uh in the starting terror uh users will have to take uh stake actually 50 of tokens in rvf before they can uh deposit the equal equal amount in usdt and uh the best part is state tokens also receive a fixed kpi which is guaranteed so it kind of incentivizes folks to hold rbf long term uh another aspect is it's a very

9:35interesting aspect uh whenever we are going live i mean uh we are going to launch on uni swap within a day our uh token token uh percentage is going to be unlocked it's just going to be around five or six percent which means that you know uh investors are gonna you know get invested slowly so completely we really feel that uh the fact that we could have uh slow

10:01uh slow investing of tokens as well as a lot of people we expect to stake rvf tokens it's really going to drive that long-term value that's good to know and vikram that you're early on right now can you give us a glimpse into the road map for the next six months or throughout 2021 and when you're going to be launching the main platform and beyond sure yeah so so as i mentioned uh the

10:28token token sale we just completed a radar in the process of dual ideo launch pad with uh pools as well as duck starter and uh those are it's happening happening as we as we speak i think duck starters already sold out so as soon as those are over uh tomorrow we'll be uh launching a live pair on this map and once that happens we are looking to launch the vault maybe sometime end of

10:57this month and then after that as i mentioned as as the quarters go by we try to uh maybe incentivize folks by by adding adding more uh more crypto assets they can deposit right now we have usd maybe support for more stable coins maybe support for eth or forms of btc so uh i think one of the best parts is we're going to uh really listen to the feedback of the community

11:25over twitter telegram and everything and be able to kind of give our users and investors so what you want definitely and i agree the community is should come first and getting that feedback will be crucial to growing forward and growing with the community and you mentioned two great ideo platforms pools and duck starter i'm curious if you can talk about any of your other

11:51partnerships and partners that you are working with or plan to work with in rocket vault and or or investors as well sure absolutely uh we have had a great traction with ferrum uh ferum network uh the erp has as an advisor they have uh they have really created a lot of value for us uh right from the token launch and and all the pre-sales that we continue

12:17to to kind of leverage them as advisors in terms of uh crypto investors we have got uh significant investments from from uh a lot of capital funds uh i think uh a195 capital then we've got uh investments from uh it's called build hold capital so it's a big big capital firm investment firm from asia so we actually have like four or five

12:44uh great strategic investors and it's actually cool to see that a lot of people really believe in us it'll kind of motivate us to work harder and harder to get everything done definitely and it's great to have that great backing and it's you're gonna need uh you know a lot of great these guys these partners to help grow and in terms of the long-term success in

13:06getting widespread adoption of rocket vault what do you think will be one of the main key factors to ensuring that success so i think one of the one of the key factors is obviously the performance of a smart world and uh the high api it kind of delivers like i mentioned we have just been running it on real money real data real trades and it's been doing amazing it's been

13:33getting over 200 api so that's a big factor are uh the core of the smart world which is the machine learning algorithms is starting to to pick up base uh the the predictions has reached over 80 which means that the machine learning is doing its learning so that's so that's obviously a great sign and apart from that uh just the

13:58rbf token i mean just ensuring that users hold the token and you know kind of reap the dual benefits of staking the rbf token as well as depositing your crypto assets and reaping rewards so we uh we generally feel that we have a really good ecosystem model in place so it's all about you know putting putting the hard work in and ensuring that we are

14:25primed for long-term success definitely vikram all great points and on the flip side what challenges do you think you'll need to overcome as you reach toward this widespread adoption sure yeah i mean uh from a challenge standpoint obviously the market is a really volatile volatile market so uh we are kind of fine-tuning strategies of the smart wallet as we

14:54speak so that it handles both the bull market as well as repair market scenarios um uh so that's so that's obviously one of one of the main challenges we uh we think scaling scaling is going to happen as people uh you know on board 100 users thousand users or even more so so we are kind of uh going to when you scale okay the first quarter maybe you're gonna have a cap of like one

15:19million dollars and then we're gonna go to five million or ten million so we're gonna play it really slow and at the same time really scale at the right pace so that so that this actually goes so goes really well for users as well as investors definitely smart move and for future investors users of rocket vault and people that are looking to get involved

15:42in the community what's the best way for them to learn more and to reach out absolutely uh so so obviously our website rocketballz.io is a has a huge ton of information right from tokenomics how smart works uh we also are very active on telegram as well as our twitter accounts we also put uh put out a lot of medium a lot of blog posts and stories on medium

16:10and uh i'll share the links with you so that a lot of a lot of investors as well as future users they can actually uh learn learn how to you know invest and also use the smartphone great i will leave those links in the description box below vikram thank you so much for the time all the best with rocket vaults launch and beyond and let's follow up in the near future

16:34absolutely thank you so much