We are pleased to announce our next AMA on November 17th 2021 at 05:30 PM UTC Time: Satoshi Club x EarthFund
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join EarthFund Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. EarthFund Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about EarthFund
For more details:
EarthFund Website – earthfund.io
EarthFund Telegram – @earthfund
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
How can the mission of EarthFund help to the community? How can we get rewards for supporting and funding in your project?
“The Earth Fund DAO is a decentralized, online community that can collaborate, discuss and vote on how to use the Earth Fund treasury”.
-I learnt that the Earth Fund DAO will be divided into two groups which are; “The main Earth Fund DAO”and “cause-specific communities”. Can explain the differences between these two groups? What are the functions of these groups of Earth Fund DAO? What determines the group which an Earth Fund community member will belong to?
-I found out that $1EARTH is the governance token of Earth Fund DAO. Will community members have to stake their $1EARTH tokens or will they need to just hold them to have full governance rights? Is there a minimum amount of $1EARTH tokens that community members will have to stake or hold? Does the voting power/governance rights of community members depend on the amount of $1EARTH token staked or held or how long they have staked or held their $1EARTH tokens? How can users get $1EARTH tokens?
“Earth Fund is a planet-saving project that uses crypto tokens and blockchain technology to give ordinary people — just like you — a voice in your future and a say in what projects get the funding they need to fight climate change and make the world a better place”. The Earth Fund Foundation treasury needs filling in order to be able to fund “planet-saving projects”. Can you give a detailed explanation on how the Earth Fund Foundation treasury will be funded in order to be able to fund planet-saving projects?
1EARTH is an ERC-20 Governance token on the earth Platform and can be staked to the protocol in exchange for reward. And I understand when users StAke thier 1Earth token, they’ll recieve gov1earth token. Where can users get $1Earth token and what are other usecases of 1Earth token apart from staking? Can you elaborate more on your staking pools and protocols? What are the utilities of gov1earth token gotten from staking? What are the other rewards and benefits that comes with staking 1Earth token?
I understand that users will have to hold 1Earth tokens to be able to contribute to the causes or the Earth Fund Foundation. And From launch, users will be able to donate with other cryptocurrency to each cause’s specific multi wallet and the community will be decide how to use it and which causes to fund with it. My questions are What other cryptocurrencies will your platform accept as donations? Are theses non-1Earth token donations also eligible for 1Earth rewards? And lastly how can I join your community and what are my entitlement as a member of your community?
It was mentioned that for launch, Earth fund have chosen to create 5 communities around 5 causes that Earth Fund make an immediate impact while it finds its feet as a fully decentralized, autonomous organization. Can you elaborate on these 5 communities can their 5 causes? What are the effects of these community and their causes to your ecosystem? are there plans to increase the these communities and causes as your platform grows? and lastly How can users become a member of each of these communities and what are the entitlements of user in each community?
I love this Earth Fund project to save the planet that uses crypto tokens and blockchain technology to give ordinary people, like you, a voice in your future and a voice in what projects get the funding they need to fight climate change and make the world a better place.” What would be the consientialization proposals to improve or go about improving the planet? In earth fund have you partnered with companies for this project? Can you give a detailed explanation of how the earth fund foundation treasury will be funded to be able to fund projects that save the planet?
Earth fund At Infinite Launch how could they provide NFT users with a maximum of transparency so they can invest with confidence. Because currently in the world of cryptocurrencies there are many scams, how could this platform change the way users think? What guarantees can this platform offer to create a new vision for interested and investing users?
1Earth tokens function as governance tokens, which users can stake in exchange for a voice and vote in Earth Fund’s decentralized community.So will there be a minimum/maximum amount of 1Earth users need to stake?Are there any restrictions on countries that can’t purchase 1Earth tokens?And what is the organization’s direction on the causes that are funded voting and how is the Earth Fund’s treasury which comprises 10% of the DAO’s equity together with a percentage of the proceeds from token sales is spent?Please explain Thanks
Your Earth Fund’s dApp which will be an eco-friendly giving platform whill enables the DAO’s token holders to make donations to causes which could be beneficial for the planet.So can you tell us the donation causes that holders of 1Earth will donate for the benefit of the planet?And apart from making donations,they can also become involved with sub-communities to ensure projects remain on track.Can you also tell us these sub-communities are that this one will get involved in,?Please kindly give a detailed explanation on that. Thanks
This project realize that future isn’t going to be saved by governments, charities, or billionaires’ vanity projects, instead you plan to use global movement of people coming together to fund Big Ideas and make democratic decisions to bring about real change through your plaform (Earth Fund). I read that you created a token called 1Earth token, can you share with us the use cases of your token? What is all about the Earth Fund Foundation and how is it related to your project?
It was announced this week on your page that public sale of EarthFund is coming soon, can you give us an advance overview of this program? And under the causes you have on your website like Carbon Removal; Green Tech; Society and Inequality; Ecosystems and Conservation etc, in a case where someone want to join any of these causes, what are the procedures to follow, then what is the benefit of joining any of them?
I understood that 1Earth doesn’t just give me a voice in the DAO, it also lets me earn 1Earth as a reward for getting involved and making a difference. To start making a real difference, I need to buy 1Earth token, choose a cause to join and have a real say in how the treasury is used. Is there a limit to the number of causes I can find? What’s the maximum amount of 1Earth I can buy and is there a transaction fee needed? Lastly, There are about 5 causes, do they yield thesame amount of reward? Is there a certain amount of 1Earth I need to have to get a vote?
the website mentions that EarthFund does not believe that funding world-changing ideas should be left to government funds or vanity project grants from billionaires, but why should users leave it to EarthFund, tell us what makes this platform a safe place to deposit funds to help change the world; Please give us a real example of how funding ideas is handled on EarthFund and lastly, tell us what types of causes are supported, how the funds are used and what ensures fairness and transparency in such funding?
Could you tell us what gave rise to EarthFund, what motivations you had to create this project and since when it is being developed, also could you tell us, what are the unique features it has, what makes it different from other projects dedicated to charitable causes and also tell us if Earth Fund is for profit or not?
Today some of the products that are standing out among users are NFTs, games, music and even art; so, could you tell us, if you have thought in EarthFund, to incorporate these products and give them a utility to attract a greater number of users and expand the possibilities of the users that already have?
many users besides supporting foundations, are also looking to generate profits, this is why I would like to know, what kind of benefits does 1Earth offer to investors, also could you tell us, how does tokenomics work and how does the team guarantee investors that their money is safe?
do you have a partnership with maybe organization who’s care about the earth? maybe partnership with world wildlife fund or even little organization same like that, because your project really useful if it happen
what will your project do for specifically? because save the earth too general, i mean what’s your focus fo saving our world? forest? sea? global warming? or what? let me know, thank you
how many countries you will be focus to your project did? do you have partnership or other organization to help you more?
I found out that your goal is to give ordinary people a real, meaningful voice in their future. So, literally how can anyone including ordinary people will have a chance to voice out for their future? In what aspects or ways that Earth Fund will help ordinary people to express themselves? Why do you choose to aim to give more focus on ordinary people? Does your platform is open to anyone including non-crypto natives? If yes,how are the welcome in your platform? Thank you
1Earth token uses the power of Ethereum to fund and enable world-changing projects while ensuring complete transparency, democracy and accountability. I want to ask that is it a must to hold 1000 1Earth token before users can have a voice and a vote on everything from what causes are supported to how funds are allocated and distributed? How many 1Earth users must hold before his or her voice can be counted in the DAO? What are the reward for getting involved in the DAO?
EarthFund was originally planning for the Earth Fund treasury to be filled with taxes or other contributions. However, as the ideas was developed further, you decided that all kind of taxes can be omitted. Please confirm whether the situation stays the same and there are no taxes to paid by users? Are there any exceptions? Usually projects are fed by taxes that become the sourse of development. Where do you plan to take liquidy from to develop EarthFund?
In the explanation of 1Earth token, you stated four new ways we can support the causes we care about which are Earn a yield, fund causes and get a vote by holding 1Earth; 5% transaction fee gets split between causes, yield and running costs; and All transactions are automated and held in a multi-sig wallet controlled by the Earth Foundation DAO. Can you explain in details the meaning of the causes in your project? How many causes do you have and how many users can support at a time? You have four phrase in your roadmap, which of the phrase are you working on presently? And have you been able to list 1Earth token on any trusted centralized exchange?
In the fifth phase of your roadmap, you have planned to fund 50 causes. Can you give a sneak peek of this milestone? What type of causes are they? In your total token allocation, you have not allocated any funds for this kind of work. Which funds will be utilized for this task? Further, I am curious to know whether your roadmap covers 5-10 years or it has been designed for a short period of time. Since it has been divided into phases, the community cannot get a clear idea about the time frames. Can you explain about your targets for this year?
Presently, 1Earth Fund project has launched its DAO which is a decentralized autonomous organization software for running on a blockchain that offers users a built-in model for the collective management of its code. Now going through your roadmap, I found out that you plan for another development concerning building Earth Fund DAO in the fifth phrase of your roadmap. What is the essence of another launching of DAO? Can you give us clue about this upcoming development? You also plan to create 1 billion 1Earth tokens at launch, is there possibility of supplying more of 1Earth tokens in the future?
From your total token allocation, you have reserved 19% for the private sale, 15% for the foundation, 10% for the team, and 7% for advisors. It means more than 50% of the total tokens have been allocated for your own members. Do you consider the community as less important? Please explain the steps you have taken to let the community to earn profits.
It caught my attention that the holding amount of tokens does not matter when participating in community activities. Then how do you offer better privileges to holders with higher amount of tokens? Why should I purchase and hold a considerable amount of tokens? What kind of steps do you take to encourage community members to hold higher amount of tokens for longer time periods?
Hello Earth Fund team. You mentioned that every decision you make is controlled by the Earth Fund DAO, a collective of individuals holding and staking 1 Earth token to have a say in what causes you support and how you run. Does this mean that if we are holders of the 1Earth token we can send suggestions for donations? How many 1Earth tokens do we need to be able to have a voice and a vote on everything? Can you give us examples of which parameters we can vote on? Thank you!
Something that makes Earth Fund truly unique is its goal to give ordinary people a real, meaningful voice in their future. Earth Fund is a movement of people all dedicated to building, funding and supporting the ideas that will change the future. Your mission is fantastic. Is it in your roadmap to launch an ambassador program soon to help you expand the voice of Earth Fund and reach more users throughout the world, of different races and languages? Have you considered it?
It came to my attention that there’s no other project (even other eco-focused blockchain projects) that is doing something like what Earth Fund is doing. Since you are the pioneers, what prompted you to develop this project? How was the idea born for the first time? Being the first project to do something like this, have you faced any challenges so far? Of all the goals that Earth Fund has, what is the main focus right now? Is making the first donation part of your focus today?
The Earth Fund roadmap is divided into five phases, I read that in phase 5 you have planned: Fund 50 causes. What kinds of causes can be supported by the Earth Fund? Will the Earth Fund community have the voting power to choose each of those 50 causes or will some be chosen exclusively by the Earth Fund team? Approximately for which month or year does phase 5 correspond?