AMA Satoshi Club x Finminity, October 14th

We are pleased to announce our next AMA on October 14th 2020 at 02:00 PM UTC Time: Satoshi Club x Finminity

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Finminity 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. 4 Questions will be selected from our website – please submit your questions in the comments section of this post. 2 Question will be selected from Bitcointalk thread.

Part 2: 100$/10 users – Open chat for 80 seconds. You can post Max 5 questions. Finminity Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Finminity

For more details:
Finminity – @finminity
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Posted in Uncategorized

62 thoughts on “AMA Satoshi Club x Finminity, October 14th

  1. my questions are:
    1. Whats the difference of finminity token crowd funding to an ordinary tokensale?
    2. When will be the alphatest release?
    3. Why would a certain project trust Finminity to initiate a crowd funding for them?

  2. Fundraising for three companies is currently underway on the Finminity platform. Have these companies approached you themselves or have you made them cooperation offers? What is your strategy for attracting new companies to list on the platform?

  3. When clicking on the “FMT Token Sale” link, it is proposed to register with the input of personal data. Do investors need to pass KYC to buy an FMT token?

  4. According to the information presented on the website, your project is focused on fundraising for Startups and SMEs. But if you create a multi-functional and popular platform among investors, you will be able to attract large projects to cooperation. Is this included in your plans?

  5. one of the services of finiminity is tokenization, the most popular popular Defi token are currently ethereum ERC 20/1404, what are the other type of blockchain finminity will support in the future ?

  6. the success of finminity will depends on the hype of new Defi or new blockchain project, what’s the target of the amount of capital to be raised through finminity in the 1st year and projection for the future? What will be your marketing strategy to archive the target. thank you

  7. Finminity is offering REGULATED FUNDRAISE Through the integrated YourVC Platform, does this means all investors who wants to invest via finminity needs to perform KYC? What jurisdiction and regulation does finminity operates in ?

  8. You are offering start up companies to help them raise fund. With the problem of many projects that failed to reached softcap, how will Finminity insure that a company can collect the necessary funding?

  9. Finminity Platform’s success depend on the investors willingness and trust to support projects that will run tokensale to your platform. Do you already have a group of investors that are willing to fund start up companies, or you will just do marketing/advertising to attract investors?

  10. So Finminity will have a P2P Marketplace for the investors to be able sell tokens, are you gonna build one or just seek parnership with the existing P2P platforms?

  11. Currently on the DEFI market is becoming a trend and focus of investors and since then startups are also more about the DEFI trend. First of all, what do you think about this? And FINMINITY how to compete with other DEFI projects what are the specific differences you can detail?

  12. DeFi is now a good form of transaction because it is not regulated by any organization or government. So I want to ask if the FINMINITY ecosystem can create some additional advantages for defi?

  13. Who are the Finminity Customers? As I know after the Covid-19 pandemic, there is an industry revolution of shorts as new-age startups are coming up and real-world companies are struggling to survive. Do you have plan to bridge the gap while making entrepreneurs successful in this new world and be the blockchain-based investment bank with the crowd as VC?

  14. As I know DeFi uses a multi-layered architecture with 5 layers: The settlement, asset, protocol, application, and aggregation layers. Every layer has its own distinct purpose. Can you tell me how is Finminity platform is aligned with the DEFI layers and what are the functions that each layer brings into the overall ecosystem?

  15. – How can Finminity boost my project? Do you have different consulting services for entrepreneurs? Or do you just create the tokens you need? Can you be adjusted to the needs of each person?

  16. – Security token regulations are much higher than utility tokens. Do they have the necessary permissions to operate Finminity? Do you plan to expand these certificates in different countries?

  17. How this is The Most Rewarding and Flexible token sale platform for Startups and SMEs And how did its idea come about?

  18. What is Finminity platform and How Finminity Platform is safe and secure And how will this project be saved from hacking?

  19. What is milestone based passed payment release and Explain some of the Blockchain functions that are used in the platform?

  20. Will you make this project related to doubts session like live session, privacy policy, youtube video for normal user and solution team conduct so that people can understand it easily?

  21. Companies who tokenize on Finminity can raise funds in a regulated manner by selling their tokens through a watertight KYC AML process, under the supervision of regulators… what particularly do the regulators supervise in this process is it only the KYC AML process or do they also supervise the transactions going on between the Companies and the Token buyers.. what is their exact role here

  22. Is finmity’s audit and valuation only centered on providing valuation services for the firms to get a fair and proper valuation for asking funds with exact dilution percentage, what other things does finmity pay attention to during it’s Audits and valuation of Companies

  23. Finminity Tokenization Engine does the KYC check of companies before they are onboarded is this KYC check for companies an automatic or manual process what are the KYC requirements from this companies before they can be onboarded

  24. If I want to invest in a Finminity project, what would be the risk? Would it be at my own risk or does Finminity offer a system to protect investors’ assets?

  25. If I want to invest in a Finminity project, what would be the risk? Would it be at my own risk or does Finminity offer a system to protect investors’ assets?

  26. In your Roadmap Q1 and Q2 2021, you are planning to issue 3-5 tokens in your platform. Can you tell us an overview with this plan for the coming year? What is the reason behind issuing 3-5 tokens? Do you think it will not bring confusion by the users in your platform?

  27. What is the use of Finminity to traditional bank, companies and crowdfunding operators? Who are the Angel investors are you referring to as your customers?

  28. The amount you have invested is not given to the company rightaway. It is kept in the Escrow by Custodian and you get Interest on that amount. Why is there a need of escrow? Can you explain the process of earning by investing in Finminity?

  29. We are living in the advent of YIELD FARMING and Liqiudity Mining, can you share your personal opinion on Yield Farming and also Briefly explain Liquidity Mining Program

  30. How can community members take part in GOVERNANCE, what are the basic requirements for me to join and partake

  31. I saw on Medium that they can stake (FMT token)

    can you explain how to do it, how long and at a minimum ?

  32. How do you decide if an applicant is a Startup or SME? Is it just a targeting expression or are there any criteria for being accepted? What if the applicant is a big company?

  33. Do you have a demo token which can be used for testing investment options on Finminty? If not, would you think of providing it in the future?

  34. You call Finminity as “token sale platform”. It sounds like a P2P Market. Can we call Finminity as a P2P project, what are the differences?

  35. You have a sister company called YourVC which seems to have considerable support for Finminity. So what are the missions of YourVC in Finminity ecosystem? Why not performing those missions inhouse?

  36. Are there any companies (Startup or SME) which are already issuing token currently? If yes, can you provide brief info about them?

  37. How many jurisdictions are you covering at the moment and should a project be registered already to collaborate with you, or you can handle this part as well?

    In other words, is it enough to have a good idea, a team and capital to benefit from your services or the company should already be registered?

  38. Does Finminity have a selection system for emerging entrepreneurs to support them? Do they have to meet some requirements or market some specific products?

  39. One of the problems of Blockchain 2.0 of the ETH chain is liquidity problems, will Finminity provide the tools and technologies necessary to solve this big problem? How will you do it by forming part of the same Blockchain 2.0?

  40. really why Finminity gives the alternative of developing an ERC 1404 token? why not just give him the ERC 20 option? they are of the same chain.

  41. If Finminity helps startups and SMEs develop new tokens and pre-sell, why not develop its own blockchain for it? instead of using the ETH chain? just because of decentralization?

  42. What is the mission and vision of Finminity really? is it simply becoming the first blockchain project that seeks to support startups and ease their path to success in Decentralized finance?

  43. When startups apply to Finminity services, do they become totally dependent on you? Or can you easily pre-sell the new tokens, leverage the company and then migrate to another technology?

  44. What type of purpose does the FMT tokens serve in Finminity project and do you have any on-going sales for the FMT tokens or already raised money from investors?

  45. Can you explain the advantages of ERC-1404, why did you choose ERC-1404?

    Is there a local support in your country?

  46. Finminity’s Platform seems like the perfect solution to problem of rug pulls done by new projects listed on Uniswap. How does the exact process work and how do you provide Liquidity in the P2P Marketplace?

  47. What are ”Blockchain escrow and Milestone based payments” and ”Blockchain based Voting” and how does these provide security to the services provided by Finminity?

  48. What are the advantages of investing in startups, crowdfunding through FMT, and not through stablecoin or fiat?

  49. You say that the funds that I invest will not go directly to the company but will be kept in escrow. And at that time I will receive interest on this amount. I have a question: if my funds are in escrow and are not used, then for what interest? Or I do not understand something?

  50. Among the partners, I saw Microsoft, AliBaba, ZOHO. How long has your platform been operating and in what area are you partners with them and why is FMT coming out just now?

  51. How do investors and DeFi benefit from working with you? What interests and attracts them the most about your platform compared to other platforms?

  52. Why did you stop developing Qlikchain? What is the reason for the termination? I mean, the situation with FINMINITY will not work, that money will be raised, and the company will dissolve?

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