1.Hi Monk, tell us more about yourself. Tell us all more.
I graduated from business school and have always had experience in entrepreneurship and trading for 5 years.
Spent time travelling Asia and studying meditation while coaching others on personal growth.
Passive income is the first step to financial freedom to permit personal growth and elevation.
2.Who is running the whole setup for you? Can you give us a brief intro of the team? Are they doxxed too?
Yes, of course. I am the CEO and cofounder, you know me I am Monk. And yes I am doxxed.
We also have Halo, my co-founder. He works on marketing and strategy behind the scenes. He is the one cooking up the marketing plan for BabyCake.
Then I’ll introduce you to our team, they’re all doxxed internally.
- We have Sam, our COO.
- Andrew is our Lead dev.
- Frank is our Office Manager.
- Alexandra is our Community lead.
- Rachelle is our CMO
- Jason is our Paid Ads lead
- Kevin is our social media manager
And we are working with an agency for animation and AR gaming which is very exciting.
We are also going to contract with a tip-top agency for total re-branding.
3.“Hold BabyCake and get paid passively every 60 minutes” is just amazing. Tell us what is BabyCake? Why BabyCake?
BabyCake is the first CAKE reflection token. What this means is, when you hold BabyCake you receive dividends in Cake every hour.
But this function is just the first step of our project. We want to democratize DeFi by radically improving accessibility.
We have main 2 goals:
- Technology
We are going to create an application that will be so simple even my mother (who knows nothing about cryptos) can benefit from and earn passive income on her
smartphone, in 3 clicks.
- Marketing
BabyCake is building a real brand and a franchise to conquer the mainstream market. Our goal is to be as recognisable as Netflix.
4.What is your tokenomics like?
We launched BabyCake 2 weeks ago during a fair launch.
7% of every buy/sell is taken and redistributed to all holders in Cake.
3% of every transaction is added to our liquidity pool
An extra 1% fee is applied to all sales and the game-changing function.
5% of every transaction is allocated to Marketing in CAKE (swapped in real-time into CAKE, which is an innovative game-changing function).
- Can we know your technology offerings?
Our product in development: an app that allows anyone to install a passive income generator in your smartphone, in just 3 clicks.
Super simple.
We want to make it easy and remove the complexity out of cryptocurrency.
100 new tokens have already forked our contract in 14 days.
BabyCake gave birth to many baby reflection tokens (BabyXRP, BabyLink, etc).
So we will keep our recipe secret until our product is ready to go mainstream.
What we can say: we have a clear vision, we are radical, we have a lot of funds and an A-class team.
6.This is one of the main things for a project to go far. What is your revenue model?
Our revenue model is a game-changer and we are the FIRST.
5% of every transaction is swapped in real-time into CAKE and sent to our dev wallet. This means we can fuel the most ambitious projects and reward our active community. And all the holders earn a passive income. Because it is game-changing, everyone copied us. We have the rocket and the fuel so to say.
7.What are your future plans for the token? 1-3 years down the road.
Our plan is clear: the democratisation of Defi through accessibility. We will be the market leaders in DeFi, it’s our ultimate goal.
For Marketing, we have big ambitions: we want to become Mainstream, and we want BabyCake to become a big franchise (AR game, animation, toys, merch, etc).
In fact, we sent an invitation to Alfred Kahn (the man who made Pokemon the greatest franchise in History) to learn from the best.
- Are you also planning to be listed on CEXs too?
For the moment, we are DEX maximalists, especially PCS. In the near future, we would like to work with the Pancake Swap team.
Our mission is that our project BabyCake will be its own DCEX. We are going to improve DeFi accessibility to conquer the mainstream market. This question of DEX or CEX is for the actual crypto space. But when it comes to the mainstream, this question is not relevant anymore. It will be connected to liquidities in various ways.
We are going to improve DeFi accessibility to conquer the mainstream market.
9.What is your outlook for CAKE and BNB in terms of plans and pricing? And will they become a key factor in your success?
Price appreciation in BNB is beneficial to BabyCake and its holders. But DeFi is only getting started. PCS and BNB are some of the best teams in the crypto World. We love what they do and respect them.
I think our destiny is linked to these two cryptos, and if we chose CAKE, it is because we believe in this team, but we also believe that we could help each other. We are pretty sure we could partner together to create something even bigger.
Cake Reward is currently the most profitable passive income. And we are only just starting out so watch this space.
- Lastly, give us an inspiring quote for those who want to start a project.
“Love can do” by Idriss Aberkane.
Don’t think about money, nor opportunity.
If you do what you really want to do, you won’t give up. You will try, and fail, and learn, and try… and one day you will succeed.
