AMA Recap : Altcoin Alerts x TribeOne
Altcoin Alerts Community had an Ask Me Anything session with Mehdi Suleman (Founder, CEO) & Tanveer “Tan” Ahmed (Director — Partnerships) from TribeOne Team on 27th May 2021

Segment 1: TribeOne Introduction & Q/A with Altcoin Alerts Team
Altcoin Alerts: Welcome Mehdi
Mehdi: Thank you, pleasure to be here 😎
Altcoin Alerts: Welcome to our community Tan
Tan: Glad to be here!!
Altcoin Alerts: We’re glad to have you today 💐
How’s it going today? Mehdi
Mehdi: Going well, market is getting better, with it everyone’s mood 😀
Altcoin Alerts: Yeah! Mood depends upon market
Hello Tan, how you doing today?
Tan: All well 😎. Super excited and looking forward to the AMA
Altcoin Alerts: Good to hear that 😊
Let us start the AMA with introduction.
Can you please introduce yourself & your journey in the cryptocurrency field? Also please introduce TribeOne.
Mehdi: Yes sure let me start by introducing myself and my crypto journey……so far
Hi guys, It’s nice to see you all!😄
Tan: Mehdi share 😁your crypto story
Mehdi: My name is Mehdi Suleman, my background for the better part of my life has been in the banking sector with 20+ years of experience where my expertise led me to work for the largest banks in the middle east region. I was handling massive portfolios consisting of financial products like credit cards, car loans, personal, home & commercial loans etc. From inception to growing business we ended up building a total value locked over $1.2 billion.
I have been a crypto enthusiast since 2016 and have been actively trading in the crypto space since then. I even burnt some of my savings during the initial bear market around early 2018 but still stayed an avid supporter of crypto. My past professional career was all about banking and finance, I spent more than two decades heading teams in the major banks in the middle east region. During my tenure, I used to get frustrated due to the rigid and ancient infrastructure of traditional banking. As I already had an interest in the crypto world, I always used to dream of a perfect marriage of traditional finance and the DeFi world where we can have all the benefits of the traditional banking system and also enjoy the perks of DeFi. TribeOne became the reality of that dream.
Tan: Hello everyone! I am Tan Ahmad, the director of partnerships with extensive experience of over 15 years resulting in a deep passion for crypto and understanding the business needs and aspirations. I have worked with reputable companies like deVere Group & Ibex Global. I aim to bring a lot of unbridled energy to build the TribeOne partnership ecosystem. Now, I am the Director of partnership at TribeOne.😎
I have been a staunch crypto supporter of blockchain technology for a few years now and have been moderately active in crypto trading for the last year and a half. I simply love how the crypto space and particularly DeFi is revolutionizing the current world for the betterment of everyone.🦾 Hence when Mehdi approached me with TribeOne’s idea and his aim to further improve the current space, I was instantly sold.🤩🤑
Mehdi: TribeOne is the first AI-powered NFT & DeFi funding platform, where we will be providing loans & lending options for both NFTs and crypto assets. It’s an innovative lending space with the added features of rewarding regular users who create a consistent repayment history with the access to zero to low collateral loans.
In addition to this, the main feature is that loans are offered to users against their NFT’s, users can also pool invest in NFTs or get a loan to buy an NFT.
It is an all-in-one platform with consumer centric features like NFT funding, low to zero collateralized loans, loans to micro financiers, DeFi insurance.
Altcoin Alerts: AI in NFT & DeFi, will rule 🙌
Mehdi: It should make things easier for new users to get into 😀
Altcoin Alerts: Absolutely
Let me ask more about TribeOne
TribeOne is a Lending, Borrowing, NFT & Credit Risk platform. Can you please tell our audience more about it? And about all the products TribeOne offers.
Mehdi: TribeOne is a platform that offers its users a one stop shop for all their financial needs. Our products like Lending/borrowing with NFT and other crypto assets, loans for micro financiers, low to zero collateralized loans, credit rating system to additionally benefit users, DeFi insurance coverage are just a few benefits that will help TribeOne rise beyond the limits.
Let me take you through our four types of products under borrowing in brief:😊
i) NFT borrowing — Revolutionary tailor-made NFT centric products that TribeOne will offer to all
NFT Loans — Loans offered against NFTs as collateral
NFT Mortgage- Loans offered to buy NFT
Borrow
ii) Poloka Loans-
- Loan to value upto 90%
- Automatic approval, no credit checks
- Zero fee and flexible repaymentLet me take you through our four types of products under borrowing in brief:😊
i) NFT borrowing — Revolutionary tailor-made NFT centric products that TribeOne will offer to all
NFT Loans — Loans offered against NFTs as collateral
NFT Mortgage- Loans offered to buy NFTs
- Optional insurance coverage through our DeFi Insurance Partner
iii) Laiti Loans-
- Tailor-made loans for micro financiers offering low to zero collateralized loans
- Optional insurance coverage through our DeFi Insurance Partner
iv) Mana Loans
- Low to zero collateralized loans
- Users get access to this product after creating a credit profile by paying their instalments on time
- Optional insurance coverage through our DeFi Insurance Partner.
Investment
v) Sefe Plans-
TribeOne individual saving plan.
No unlock period or min. deposit
vi) Tele yields-
Earn highest risk adjusted APYs across chains
Altcoin Alerts: Great products for NFT holders👍🏻
Looks like TribeOne is here with long-term vision
One of the interesting feature of TribeOne is “Zero Collateral Lending”. Can you tell us more about it? Also shed light on “NFT based lending / borrowing” feature.
Tan: Zero collateral lending gives the users an option to get a loan with no collateral. This would be similar to what we did in Banking, prior to issuing larger loan sizes we would profile the user on how they would repay back on a smaller credit facility, we will mimic that process by evaluating how a user repays on a standard collateral loan and based on the assessment the user would be eligible for a low or zero collateral loan depending on how they performed, so it’s not an instant loan being granted at zero collateral!
TribeOne’s revolutionary NFT platform has a variety of features. NFT has come up as one of the major asset classes in the last few months. TribeOne identifies the potential and aims to unlock the value of their NFT assets.
Our main goal is to connect DeFi to the NFT market and empower the users to be able to get loans against their NFTs or able to acquire loans to purchase a certain NFT. Besides the market competitive rates, we will also be introducing additional benefits and rewards for staking.
Altcoin Alerts: Can I say TribeOne is giving more power to NFT & DeFi?
Tan: Absolutely. We aim to revolutionize the DeFi space for the betterment of all
Altcoin Alerts: Again, great vision 🙌
Please tell us more about “NFT slot allocation” feature of TribeOne where users get access to the latest NFT launches for investment. Is it like an NFT Launchpad?
Tan: NFT launchpad? That’s something we could look into the future 🤩🚀🤑
For now, holders of $HAKA will be granted exclusive access to a feature which we plan to launch in the recent future. “Slot allocation” will give you accessibility to a number of features like access to exclusive private auctions, galleries, special discounts through our partner NFT marketplaces where you can invest, participate or be the first buyer to newly minted NFT.
Altcoin Alerts: It resembles NFT launchpad. Doesn’t it?
Mehdi: Sort of…..we want to limit access to holders who cross a certain threshold of holding so it nots really available to all even if they do hold $HAKA
Altcoin Alerts: Nice tactics
Our audience is very excited to know about TribeOne public sale/IDO. When can we expect it? Also, please share details like Tokenomics, Team, Partners & Investors.
Tan: Thank you for the question, we are thrilled to announce that our IDOs are scheduled around mid June. 😉🤩🚀🦾
Keep a close eye on our socials for the exciting announcement ESPECIALLY tomorrow!😁
Telegram- https://t.me/tribeone ; https://t.me/tribeone_ann
Twitter- https://twitter.com/tribeonedefi
Medium- https://bit.ly/3biA4ex
LinkedIn-https://www.linkedin.com/company/tribe1
Website- https://www.tribeone.io/
Altcoin Alerts: IDOs, that means TribeOne will have IDO on more than 1 platform?
Tan: hmmm may be 😏🤔 ..
We suggest you go through our whitepaper for a detailed understanding of the tokenomics
Whitepaper: https://www.tribeone.io/docs/TribeOne-whitepaper.pdf
Now moving on to our team
TribeOne holds a very close knit team of talented, dedicated, and crypto enthusiasts who efficiently work towards reaching the moon with TribeOne.🚀
There are a total of 12 full time employees as of now with 3 additional tech members to start by the end of June, we will be adding more to the team as the project grows.
Our Head of Credit Risk, Amr Ezzat who has worked in the largest banks in the financial risk space as a remarkable senior risk analyst with over 10 years of building credit financial modeling for underwriting retail & wholesale risk portfolios.
As far as partnerships are concerned, we had one partnership recently announced with PolkaFoundry, a market leading platform for production hub for DeFi dApps and NFT auction and marketplace.
We have exciting partnerships coming up, don’t miss out on any announcement and join our TG for exclusive updates.
Watch our social media to stay updated about our upcoming partnerships!!
Segment 2: TribeOne Q/A with Community
Q1. How does tokeconomics look like? What are the major benefits of holding the token long term? How is adaptability achieved in the ecosystem?
Mehdi: The Token Ecosystem was designed to ensure the holders remain engaged by using the $HAKA token. So the usage is well rounded where token holders would be able to access the following benefits:
Discounts on loans rates
Access to zero to low collateral loans
Staking Rewards
Exclusive access to NFT launches with our partner marketplaces
Rewards on early repayment
Q2. Due to Crazy Ethereum gas fee, Are you planning to move TribeOne ERC20 to Binance Smart Chain? Because BSC have very low Transaction fee.
Mehdi: The gas price of Ethereum is high and it’s not benefiting users. Based on this evaluation and our tech team’s recommendations, we felt that it’s a better option to currently build on BSC and will be migrating to Polkadot in the near future.
For TribeOne the only way to make our platform or any platform for that matter user accessible is by keeping the Gas fees low, by building on Polkadot we eliminate a lot of the external costs off from the user which would encourage more usage and adoption from the community. Making it more user friendly and community driven.
Q3. Partnership is one of important thing if a project want grow and spread fast. Which project already doing partnership with your project?
Tan: Well, we are currently working on catching the wave of NFTs by focusing on launching our NFT platform first. According to our roadmap that’s planned for our first quarter. We are building our platform initially on the Binance Smart Chain and then migrate to the Polkadot network once the mainnet is live.
In the later quarters we would launch our loans and SME platforms.🚀
TribeOne is all about innovative, consumer-centric products. We will keep working hard to enhance user experience and make products which can be beneficial for all. We will keep on adding more weapons to our armory and sky is the limit ☺️
Q4. Please explain TribeOne individual savings Plan. Will there be any lock up period? Tell more about Saving Plans.
Mehdi: Savings plans have been categorized based on the risk they carry to the investor, this way depending the risk appetites of the investor they can go for either high returns / higher risk, low return/ low risk, we want the users to be aware what they are getting into ! The lock up period would depend on which plan the user would opt for where, the conditions would be stipulated prior to the user proceeding with the savings plan.
Q5. I see TribeOne also have Insurance products. What all features will be offered under TribeOne Insurance?
Tan: TribeOne will be offering additional insurance products through our DeFi insurance partner. These products will include:
Gap Cover:
Allows for users to have ample time to rebalance their crypto-asset within the safe limits to avoid it being foreclosed.
Hack Cover:
Insurance coverage provided in the event of user wallet being compromised
Credit Shield:
Insurance to protect user crypto assets up to 80% of the market value
I will try to explain them a bit further so the community completely understands how these products will be beneficial for all.
TribeOne liquidity threshold works like an airbag. As we understand the volatile nature of crypto, the organization will offer an additional buffer of 35% making it up to 125% liquidity threshold. In comparison, the competitors provide an average liquidity threshold value of up to 90%.
The users will also be provided an option which gives a 7 days buffer for the token price to bounce back. With the user opting for yield farming, the profit earned off the collateral will be used to pay the insurance.
Unlike other competitors which liquidate at 90%, TribeOne is able to extend the liquidity limit to 125% to avoid early liquidation of user’s loan.
Q6. What about yield farming ? Can we stake our stable coin and other crypto to earn yield on TribeOne. If yes, what stable coins & crypto will platform support.
Mehdi: Initially we will be having farming options limited to stable coins (DAI, USDC, USDT) once we grow our user base we will be expanding to the top 20 popular coins to ensure we cover our bases to have more farming options for our users.
TribeOne Useful Links:
Website: tribeone.io
Telegram Group: t.me/tribeone
Telegram Channel: t.me/tribeone_ann
Twitter: twitter.com/TribeOneDeFi
Medium: medium.com/@tribeone
LinkedIn: linkedin.com/company/tribe1
GitHub: github.com/TribeOneDefi
Altcoin Alerts Useful Links:
Telegram Group: t.me/AltcoinAlertsChat
Telegram Channel: t.me/Altcoin_Alerts
Twitter: twitter.com/Altcoin_Alerts
Instagram: instagram.com/altcoin_alerts