Jun 3
AMA Recap: Sheesha Finance & Panther Quant
On 2nd June 2022, Sheesha Finance hosted the latest in our series of AMAs with another one of our amazing partner projects.
This time round, we interviewed Manav Bajaj, Founder of Panther Quant, and Chandni Shah, Co-Founder. Panther Quant is the world’s first algorithmic trading platform that utilises artificial intelligence to better inform investors of their trading strategy. The platform provides sentiment analysis and real-time data to support traders in all market conditions.
Plus, Panther Quant gives traders the option of minting their best trading strategy as an NFT and selling it to other traders on the platform’s integrated NFT Marketplace.
We gave our community the chance to ask Panther Quant’s founders any question they like. There were some fascinating answers in there, and the experience was both exciting and informative for everyone involved.
Our host for the AMA was Sheesha Finance’s very own Albes Zhebo. As always, Albes did a terrific job running the AMA and everyone was delighted with the quality of questions and answers that were put on show for our community.
Without further ado, here’s all the questions and answers from yesterday’s AMA session with Panther Quant!
The Full Panther Quant AMA as it Happened
Albes Zhebo
To start off, could you please tell us more about yourself and your crypto background/experiences?
Manav Bajaj
Sure! So Hello everyone.. Greetings!
My name is Manav Bajaj, Founder of Panther Quant. I hail from India and have been in the crypto space since 2016/17. I have been an ex producer in Bollywood, Founder of a Consumer Complaint portal called ‘Consumer Sathi’ which used AI to detect consumer complaints on Social Media Platforms & connect them with lawyers and while doing that I got the idea of using AI for trading in crypto and thus, Panther Quant came into existence.
Chandni Shah
Hi!
My name is Chandni Shah and I am the Co-Founder of Panther Quant. I am from India and have been into crypto since 2017. I am a Lawyer, a Media Panelist in leading Media channels in India. Closely working with Indian Govt and proud to be followed by the PM of India on Twitter. I have been in the Crypto space since 2017. I knew Manav since 2014 when I was working as a Lawyer at Consumer Sathi. Manav shared the idea of using AI for sentiment analysis and apply it to trading. and since we both were into crypto already, I found it quite interesting and we brainstormed for a long time and voilà — Panther Quant was born!
Albes Zhebo
Thanks for sharing your background! It’s great to hear about your remarkable achievements within and outside the crypto space!
Chandni Shah
Thank you Albes.
Albes Zhebo
As we know, Panther Quant is the first NFT Marketplace for Trading Strategies built on the BNB SmartChain. Can you tell us more about its origins, and what Panther Quant is all about?
Manav Bajaj
Sure thing Albes!
Panther Quant as we know today, is World’s first ever NFT marketplace for trading strategies where Top traders of the world can simply create NFTs out of their trading strategies.
But the inception started in Nov 2020. And way before that we implemented certain ideas like sentiment analysis etc.
How did we reach here?
So basically, we started making Panther Quant on a commercial basis after we faced certain problems while trading in the crypto space.
Cryptocurrency market runs 24/7, is highly volatile, unpredictable, with too much information in too little time and largely driven by sentiments. Therefore it is impossible for a human mind to process all this overwhelming data and sentiments. Thus, without an in-depth insight of the crypto market, the traders are exposed to a lot of risk in the crypto market. Thus, there is a need to analyse the data and sentiments of the market to give the trader an in depth insight of the crypto market.
Panther Quant is a smart AI powered Algo Trading Platform for spot trading, Defi Protocols and Dex Arbitrage trading that will act as a “One-Stop-Trading-Destination” and fill the gap between Traders and Crypto markets, curating the trades by scanning premium interactive and informative digital platforms (incl. Social Media & analysing ‘emojis’) and analysing the crypto market sentiments in Real Time, thus giving them an edge while trading.
Panther Quant has been built on the BNB Smart Chain and uses Artificial Intelligence to analyse the real time sentiments of the market and Machine Learning to hyper optimize the strategies of the traders. This feature of Hyper_optimization through Machine Learning would enable the trader to keep optimising his parameters until he is satisfied with the kind of results he wants his strategy to have. This also saves a lot of time as a machine will obviously be a lot more faster than manual optimization.
We are also introducing the First NFT Marketplace for trading strategies where Traders can convert their successful trading strategies into an NFT and trade it with other users on the platform. This will essentially disrupt the Copy trade culture of the Crypto space.
The goal is to bring in a real world use-case NFT and at the same time safeguard the exposure of the crypto community!
Albes Zhebo
Thanks for the thorough explanation Manav!
What are the outstanding features of the Panther Quant platform when compared to other competitors?
Manav Bajaj
Well, when we started building Panther Quant, we certainly wanted to be different and unique.
We have a few Algo platforms in the market already like Kryll, hummingbot, 3commas etc. So we did not want to become just another algo/copy trading platform.
Thus we introduced few of the most prominent and first time features in Panther Quant.
1. First ever NFT Marketplace for trading strategies where Top traders can create NFTs out of their successful trading strategies and lease on the platform.
2. Works across CeFi-DeFi playfields, hedging the exposure of the cryptusers across the cryptospace.
3. Hyper-Parameter optimization of trading strategies through Machine Learning in Real time.
4. Analysis of real time market sentiment analysis through AI for the platform to make an informed decision.
5. Safeguarding of users by Liquidity Risk Calculation on DEXs.
6. Lowers barriers to enter crypto trading: users can simply lease out NFTs of successful traders.
All in all, we’ve built a solution to the prevailing problems in the cryptosphere and an innovative one in true sense. You can say, Panther Quant will be a ‘One-Stop-trading-Destination’ for every crypto user — noob as well as expert.
Albes Zhebo
And we are all looking forward to that. We are thrilled to hear that such an exciting project has found its way into the cryptosphere!
Please tell us what your plans are for taking over the crypto space, how does Panther Quant intend to develop in the future to help it thrive? And what is the development roadmap of the project at present and in the future?
Chandni Shah
The platform in its true sense is a ‘protector’ of the crypto users. As we said above, we did not have an option to be just another algo trading platform. We had to stand out and not get lost in the crowd.
With that intention we started building Panther Quant in November 2020. After which we came up with the idea of NFTs made out of trading strategies. And also the first ever Quant-Verse : A metaverse for Traders down the line...
Although we had a lot of plans in Q2, but the market conditions were not optimum and we do not want our community to suffer due to a rash decision. Hence we pushed our roadmap a bit further. Until Q4 2021 we had each feature ready, tried and tested on command line.
Our roadmap from 2022 can be seen here:
Q1–2022
• UI/UX Development
• Seed Round
• Marketing
Q2–2022
• Seed/Private Round
• Limited Edition Genesis NFT launch
• NFT Marketplace launch
Q3–2022
• Beta Launch
• Private1/Private2
• IDO Listing
• Multichain Integration
• Bug Bounty Program
• Version 1
• Whitepaper
Next Phase :
• Compound Yield
• Arbitrage with Flashloan
• Version 2.0
• Fiat Gateway Integration
• Stable Coin Launch
• Semi-DAO integration
• Quant-verse (Metaverse for Traders.)
We would be launching the NFT Marketplace in this week just before the launch of our NFTs on 5th June, 2022. The Beta launch on Testnet would be in June and Mainnet is in July and of course you will be able to use as soon as it launches.
The Bounty security is for the Hackathons, that will start from July and will be conducted regularly. This is to maintain optimum security for a Fintech platform like ours!
We will also announce the first Quant Verse — A Metaverse for traders in the coming Quarters!
Albes Zhebo
Slowly but surely is the way to go! We all need to respect the market conditions at the right time, and seems like you are doing just that.
It looks like the future will be bright for Panther Quant and we’re certainly pumped to see what it beholds.
Like every other promising project out there, there needs to be a strong team behind it. Tell us more about your core team, their expertise and how they’ve helped build Panther Quant to what it is today.
Chandni Shah
Panther Quant team is like a family! So we have 8 core members in the team with more than 30 years of combined relevant experience!
Founder/Lead Developer — Manav Bajaj (Linkedin | Twitter| Telegram)
Co-Founder/COO — Chandni Shah (Linkedin | Twitter | Telegram)
Blockchain Developer — Rajesh GV (Linkedin)
AI Programmer — Bhhavya Gulati (LinkedIn)
UI/UX Designer — Nuvie Ghagha
Developer — Anubhav
Marketing head — Ajay Kumar
BDM — Rishabh Kalra
We have permanent 4 Admins/Mods/CMs who too are an integral part of the team.
Good Advisors are like good teachers. And we are lucky to have so many! They are:
Scott Kelly — CEO, Black Dog Ventures (Twitter)
Ian Scarffe — Leading Blockchain & Fintech Advisor (Twitter)
Jason Kidd — Crypto & Token Expert (LinkedIn)
Keyur Shah — Ex-Vice President, Polygon $MATIC (LinkedIn)
Suresh Nakhua — Digital Marketing & Govt Policy (Twitter)
Mauro Andriotto — Jury Member, EU Commission (LinkedIn)
Each of our team members, right from the Founders whose expertise and knowledge made this project come into existence, to the Tech team without whom it was impossible to build Panther Quant the Designers and developers without whom the project would only have been on papers, the marketing & bdm who took the responsibility to spread the word about us and our community managers and admins due to whom we have been working without any worry for they have been managing the community to the best of their abilities.
Panther Quant is truly blessed to have a team like this!
Albes Zhebo
I’m sure everyone here is thanking you and your team for the fantastic ecosystem you have built. Our community will be keen to get involved on the project!
Can you tell us where $PNTQ is listed and how our members can get involved?
Manav Bajaj
Sadly, PNTQ has not yet been launched. We had plans to launch in Q2 but as you all know the market has been completely unfavourable and it is not advisable to launch the token yet.
But, we still have a good news. We are launching our First collection of Genesis NFTs on 5th of June, 2022 i.e. after 3 days. These would give an early access to our platform as We would be launching our Beta in July and post that we would launch our Token which would be then available for trading on leading DEX/CEX!
Albes Zhebo
You heard it guys. Exciting news in 3 days!
Make sure to join the Panther Quant community and take advantage on the early access!
Thank you both for all the useful info Manav and Chandni. Our community will definitely find it easier to be part of Panther Quant now!
While on the topic of tokens, what role does $PNTQ token play in your ecosystem? Can you give us a brief overview of your tokenomics?
Manav Bajaj
Sure! So $PNTQ is the Native token of the Panther Quant ecosystem with a staking program and that too with a very interesting twist to earn higher APY.
We fetch the data for sentiment analysis from various digital platforms including Twitter.
Now, Twitter limits the number of data that can be fetched with single API.
So The users who stake PNTQ on our platform will also have the option to earn higher APYs if they run the nodes on behalf of the platform to fetch the data from Twitter API.
This will be the most Decentralised way of fetching data and users will benefit high APYs.
Utility of PNTQ:
• Transaction charges on the platform
• Facilitates and improves the user experience by giving Staking rewards.
• As interest gained from Proof — of — stake (running nodes on behalf of the platform to seamlessly fetch the digital data for market sentiment analysis in a decentralised manner)
• As a reward for Referral/Airdrop Task.
• Under the Bug Bounty Programs it will utilize ethical programmers who work to bolster platform and facilitate rewards to those who are helping to improve the platform.
• Facilitating rewards for Liquidity mining.
• As a reward based on a calculation of a certain percentage of the transactions of the tokenized strategies.
• Semi — DAO Governance will Confer limited power to the community to influence project decisions.
The fluctuations in the market hits the token price inevitably. Nevertheless, to keep it as afloat even in the most feared market, we have a burning and distribution mechanism of the tokens on the transaction charges -
Redistribution of the Transaction charges as under:
30% − LP token holders
25% − Burn Treasury
20% − Ecosystem
20% − Token Stakers
05% − liquidity
This will help maintain the token price as more the usage of platform, more the burn.
About the Tokenomics — First of all, I’d like to thank Sheesha Team for they have helped us structure such an amazing tokenomics!
Our Tokens have been long vested with Team tokens locked for 12 months and then 24 months, monthly vesting.
Our IMC is only $100K which is one of the best number to achieve the moonshot!
The entire tokenomics can be found here.
Albes Zhebo
It’s been a pleasure for our team working alongside likewise! Thank you for the detailed info Manav😄
To add to that, are the features free to use or is there a subscription system on the platform? Is there any provision for early access?
Chandni Shah
Yes, certainly. There are 3 Subscription tiers on the platform. Each Tier has a different subscription plan and access to features
Tier 1 — STAKE $1000 worth of PNTQ tokens or HOLD Bronze NFT
Tier 2 — STAKE $2000 worth of PNTQ tokens or HOLD Silver NFT
Tier 3 — STAKE $3000 worth of PNTQ tokens or HOLD Gold NFT
Is there a provision for an Early access to the platform?
Absolutely Yes!
As I answered in one of the questions above, we are launching 3K Genesis NFTs in three phases. First Collection of 1K NFTs to be launched on 5th June.
These NFTs would serve as a Lifetime Access card for the platform. And would be associated with the tiers on our platform.
Bronze NFT — Tier 1
Silver NFT — Tier 2
Gold NFT — Tier 3
You may read about the Tier system in the picture attached above or on our Medium article.
So basically Holders of these NFTs will have exclusive access to the platform being Early Birds as well as other benefits like:
• Lifetime Access to Platform as per the Tiers.
• Priority for “Allowlist” in Panther Quant token sale.
• PNTQ worth the Purchase amount rewarded back in Gas wallets.
• Access to Top Traders on the Private Discord Server.
• Priority to Test the Beta as well as early access to test other features as they launch.
• Free Panther Quant Merchandise.
• Other Rewards and Perks.
Currently, our WL registration can be done on Premint.
We would love it if the Sheesha community joins Panther Quant and we grow together! Please note we will also have a Free Trial for a limited number of days on the platform!
Albes Zhebo
That sounds like a robust structure that should provide sustainability and stability in the future, particularly for the future of the $PNTQ token.
Manav Bajaj
Absolutely!
Albes Zhebo
We also know that partnerships are a crucial part behind every project’s success. Could you name some of your partners? How do they help improve Panther Quant and your community?
Manav Bajaj
Panther Quant as a project and we as the Founders take immense proud in saying that we’ve got a few of the industry’s finest backers and partners!
• Sheesha Finance — Investments & Incubations
• AlphaBlockz — Investments & connections
• CoinRecruit Capital — Investments & connections
• Anypad— Launchpad Partner
• European Digital Assets Exchange — DEX & Launchpad partner
• Kaizen Finance — Launchpad Partner
• Gotbit — MArket making solutions
• The LaunchHive — Growth partners
• BitBns Exchange — CEX listing partners
• Black Dog Venture Partners — will bring a community of existing traders to our platform.
European Digital Assets Exchange, with whom we have collaborated, they are the first in the EU and one of the first in the world to have a decentralised exchange which facilitates traditional traders to join the Web3 space hassle-free. They can just swipe their credit card and a decentralised wallet is created for them automatically and assigned with Pvt keys.
We would be using this strategic partnership for this feature too which will help us attract traditional traders too who are enthusiastic about web3 but sceptical due to lesser understanding.
The Founder of EDSX — Mauro Andriotto is also the Jury Member of the European Commission.
So in all, we are a very rich community with an expert panel of team members, advisors, partners & backers!
Albes Zhebo
Lastly, since we are on the topic of partners, how have you found working with Sheesha Finance? In what ways has our partnership helped you and why did you choose Sheesha Finance in the first place?
Chandni Shah
Being partners with Sheesha has been an absolute delight!
Since the day we entered in Partnership with Sheesha, we’ve been steadily growing! This may sound exaggerated but is absolutely True!
We have always been looking out for Partners who would bring something substantial to the project and community and a partnership which is mutually beneficial and not a one-way road.
Sheesha is termed as one of the best Incubators and after talking with the team we were 100% sure of it!
Also we were fascinated by the idea of Defi mutual funds. Since both Sheesha and Panther have been kind of ‘Trend-setters’ of the crypto space, this partnership was bound to click!
Sheesha’s team has been working with us hands in gloves, day-in-day-out, mentoring us, and guiding us in every possible way!
Saeed & Jaafar are the reason, we are partners with Sheesha today!
Jaafar Aldoori is always a call or message away.
Alex who’s our project coordinator always available for any kind of assistance we need.
Nathan’s the backbone of all things happening steadfast!!
Leila and Adam are the best coordinators!
Adeel has worked hard to make an efficient tokenomics.
And everyone else who has been continuously in coordination with us to help us grow more..
To wrap up, we couldn’t have asked for more! It has been a true pleasure working along with Sheesha’s entire team and we Thank you for that!
Albes Zhebo
Ahh we love getting spoiled haha. But in all seriousness, its easy working with a team of great members such as yours! It’s been a pleasure.
Now before we wrap it up, we have a few questions from our Twitter community!
Chandni Shah
Pleasure is all ours!
Sure let’s go with it..
Albes Zhebo
The first question comes from @mr_DKey, he asks:
Hackers are very active in the market and almost everyday we hear about another hack attack. Can you please give some information about the security system of Panther Quant ? How safe are the funds of investors? Do you already have an audit?
Chandni Shah
Panther Quant is a Non Custodial aggregator platform which means that the funds will always stay either on the centralised exchange or decentralised wallet of the user.
But again, it is a Fintech platform and in a digital era, maintaining security is inevitable.
Hence, we would be starting bug bounty programs and hackathons on a regular interval from July as we launch our Beta.
And yes we absolutely do have a Contract audit by Soken LLC.
Soken Security team is a group of leading analysts and engineers with a strong background and years of experience in the crypto market.
Their goal is to foster trust within the blockchain ecosystem, allowing this developing technology to achieve its full potential among existing enterprises, governments, and blockchain startups.
The link to Panther Quant’s Audit report can be found here.
Albes Zhebo
Thank you Chandni, great insights. Our final question comes from @Tobtonz they ask:
What is your biggest obstacle? Many projects look great only on their Whitepaper & Roadmap but face many difficulties when trying to implement the project mission and end in failure. How does Panther Quant overcome every obstacle in its project development?
Manav Bajaj
The biggest obstacle for us was to become different from the prevailing platforms in the market and different not just in words but in reflection.
We wanted to build a unique and yet the most intriguing platform in the crypto space. At the same time we wanted to keep it as easy to use as possible and at the same time make it attractive in looks.
These seem like not a large problem, but it does constitute a substantial blockage for projects to grow.
For example, a project’s ideas and implementations are 100% but the user interface is either boring or too complicated, it’s a big NO NO for users!
They’d rather settle with something which is either more simplistic even with lesser feature or a platform that is way more attractive and gives an adrenaline rush to use.
For us to acheive this was a big obstacle and we brought a solution in the form of a Gamified User experience.
Our platform’s UI would be it’s one of the most attractive features.!
And apart from that we have got an amazing team and partners with us, who have been assisting us wherever we’ve faced any hurdles!
Our community is the strongest and very supportive and this keeps us going always!
Albes Zhebo
No doubt about that, and it shows!
On behalf of the whole Sheesha Finance community we thank you very much for joining us today, Manav and Chandni. It’s been a pleasure!
We hope that everyone enjoyed this session and got to know Panther Quant and their most interesting project on a deeper level.
Chandni Shah
Thank you Albes… We would also like to award Panther Quant Genesis NFT WL spots to the winners of this AMA.
Albes Zhebo
That’s very much appreciated! Thank you, our members will be grateful.
If you followed this AMA and got any value out of it, all we ask in return is to like, share, and comment on Sheesha Finance and Panther Quant’s content on Twitter, Reddit, YouTube and Telegram.
Your support is greatly appreciated as always!
This is our chance to support an amazing project and build solid growth for both $PNTQ and $SHEESHA tokens.
Chandni Shah
We’re glad to hear that… We would love it if Sheesha Community could join us in our Journey!
🌐 Panther Quant Socials 🌐
Albes Zhebo
Make sure to follow folks and join Panther Quant in their amazing journey!
Thanks, and see you all next time!
Why Stake with Sheesha?
Sheesha Finance is a leading DeFi Staking Platform. We provide premium cryptocurrency portfolio diversification and rewards. Rewarding investors of any size, from small to large ticket holders, with DeFi tokens.
We have built an Investment and Incubation platform, Sheesha Foundry, with an extensive network of partners who are thought leaders in the crypto space. Allowing us to consistently discover promising projects early on.
Our easily convertible assets can be used to maximise rewards and gain exposure to existing and upcoming DeFi projects. With plans to become a member-managed Decentralised Autonomous Organisation (DAO), Sheesha Finance is dedicated to upholding full transparency and integrity within the DeFi space.
Sheesha staking can be done with $SHEESHA tokens. These can be purchased on Bancor, Uniswap, PancakeSwap, and QuickSwap.
