We are pleased to announce our next AMA on February 7th 2021 at 02:00 PM UTC Time: Satoshi Club x Passive.Income (PSI)
⚠️Click to see the hour
⚠️Total Reward pool: $1000
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Passive.Income (PSI) Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Passive.Income (PSI) Team will select 10 questions and answer them.
Part 3: 800$ – A quiz about Passive.Income (PSI)
For more details:
Passive.Income (PSI) – @PassiveIncomePSI
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
$ PSI is listed in UNISWAP with almost 10% of its capitalization, what strategies do you hope to carry out in the coming months to give added value and volume of investors to your project?
I have seen on your website that to buy PSI in Uniswap it is necessary to set a slippage at 2%. Is it possible to reduce the slippage percentage in the future? What steps has Passive Income taken to reduce transaction costs?
The concept of performance is very outdated and this affects DeFi tokens based on Ethereum, what is the concept that Passive Income brings in terms of generating performance and taking advantage of decentralized financial passive income?
I know the advantages of having a token like PSI, based on Ethereum but currently Ethereum is rising in value extremely and the price of gas has skyrocketed on multiple occasions, what measures or solutions has Passive Income taken to approve the advantages of Ethereum and reduce the negative effects of gas?
$PSI seems to be an interesting concept and there seems to be a lot of development in the PSI ecosystem. I have seen you have your own DEX, that you call DPEX. Competition is fierce in the DeFi space with Uniswap, Sushiswap, etc. How do you plan to bring users to the DEX and how do you plan to reward them to use it and provide liquidity?
Everybody knows ethereum gas costs are skyrocketing which makes using the network very costly (and sometimes even not worth it). Have you looked into the option of using an L2 solution such as Optimism to reduce the fees of the transactions related to $PSI?
-Well many Defi attract users by their massive APR( it’s not fixed but), people think it’s more bigger than bank’s interest rate so, it has a potential danger and need some bothersome effort but, they invest at them.
I think PSI is very easy to get passive income but, I think for attract people you should give them attractive interest rate.
at least it have to be more than traditional bank. Do you have some expected profit data to guarantee some willing interest rates so attract people?
I wonder detailed explain of inheritors what means this? means send my income to selected people by me?
and i wonder why you devise this service, what can it bring to positive effect at PSI?
It is a good sign, in this era of scams and rugpulls, that $PSI has been audited and the owner is known (even with a KYC process). However, I believe for the trust of the community and future investors it would be very positive that the full team behind PSI is known. Is this in your plans? Could you tell a bit more about the members that are part of the PSI development team and their experience?
On your presale platform, a presale buyer can deposit ETH to participate in a presale. A ‘X%” fee gets applied to ETH deposits to be shared among all PSI holders. As a trader, can you share more light on the “X%” fee to elevate fears of high charges on every ETH deposit.
Is the frictionless passive income that PSI offers me maximized from what token limit? What tokens does this system use in terms of passive income rewards distribution?
The returns that suffer friction can affect my balance on some occasions. What happens on these occasions of friction within Passive Income? How do you prevent my balance from being affected by returns and friction phenomena?
How does Passive Income prevent liquidity from being hacked, eliminated, or exploited by agriculture and participation contracts? Without a doubt, this is an important phenomenon that deserves attention
Can you indicate a feature or feature that you like best about the platform so that it can compete with other competitors? What are you most confident about for your platform? Do you have plans to get users to choose your platform???
How do you intend to reach a wide customers range both investors,crypto natives and enthusiast for global mass? ADOPTION what are your marketing strategies even to none speaking english communities?
Many new projects develop well at first, but then fail to achieve good results. How will you manage and develop your project to gain a position in the market and become a good project in the blockchain industry?
Which market are you focusing on? How do you rate the Asia market? Do you have any plans to develop in the Asia market?
How do you plan to spread awareness about your project in different countries where English is not spoken well? Do you have local communities for them to let them better understand about your project?
Who is your investor? How do you generate revenue to sustain the project? What are your goals to the end of 2021 and beyond?
Your project development is really commendable. Let me know how can you survive this longest market and keep building and growing as many projects are dead and scrapped during this time period?
Each project has interesting stories before it is created. So can you tell people about the story that gave you the motivation to build and develop a great project like yours?
How will your project generate profits / income to sustain your project and what is the revenue model? How will it benefit your investors and your project?
Your pre-sale is very close and you have to think about the periods of burning of PSI tokens. What supply of PSI tokens have you planned to burn from the pre-sale and what will they do with the amount of tokens that cannot be sold?
The first DEX of passive income performance (DPEX) has a very striking structure. What is your vision of Passive Income and what connections have you developed to be on the official UNISWAP exchange? Have they kept the same codes or have they made an update?
It seems very important to me to use smart contracts that have been audited by reliable companies. Who is in charge of auditing Passive Income smart contracts? Do you have any report or file on this?
According to your website,with your platform, we can get a Passive Friction-Less Income
thus we only need to hold PSI in our wallet to earn more of it, the rewards will appear and compound instantly for free in our wallet. Can you explain more specifically how much PSI we have to hold? How much profit we can get while holding and how much time we have to hold in order to get profit? Aside from holding, do you plan to add other option in earning passive income in your platform like staking and mining program in the future? Thank you
It is stated in your Roadmap that you will also launch NFT and Betting industry in your platform. To give info about this, can you share a brief details with NFT and Betting that will be launch in your platform in the future? What will be the unique features we can look forward in this industry that you are going to launch? Can you also tell us when we can expect this to be available in your platform? Thank you
In your roadmap there is an objective called Liquidity Generation Events (LGE), and something about Airdrop systems, What will these events or airdrops be about in the future and how will this maximize the current levels of liquidity in Passive Income?
Your development and marketing strategy for PSI tokens is established and divided into several months but I do not know what your issuance plan is, what issuance plan has Passive Income established for the distribution of tokens and when they begin to be issued according to your marketing strategy?
I have read in a section of your website about Blackhole and Passive Income but I have some doubts. What role does this wallet play in terms of the rewards generated by storing PSI and what percentage of the transaction fee is redistributed to the holders?
Impermanent loss is a real problem in DeFi, many protocols aims to have the perfect solutions to mitigate it, but not always happens as planned. What are Passive Income solutions to definitely mitigate impermanent loss?
PSI will have the first Passive Income Yield Dex on the market “DPEX”, please tell us how does this feature work and it’s advantages over the official UNISwap exchange?
The PSI is an innovative Ethereum token that re-imagines the concept of Decentralized Finance (DeFi) yield generation. Talking about DeFi, the sector of DeFi has exploded popularity in 2020 & crypto users around the globe can make use of traditional financial services such as borrowing, lending, trading & investing in a decentralized and transparent manner. So with your own concept, what will Passive Income bring to the table to sets you apart from other similar projects out there?
Correct me if I’m wrong, I’ve heard that one of the focus of Passive Income is looking to get new people in Cryptocurrency that firstly didn’t understand about what we do in Cryptospace. So how will you plan to take away their hindrances and gives more opportunity for non-crypto investor’s to take the step? What will be your Marketing Strategy to attract more non-crypto users into the Blockchain Ecosystem?
I have heard that you guys in the Passive Income decided to remain sub-anonymous in the public for some reasons. If possible, may we ask the reasons behind it? Also we want to know, maybe or somehow, is there still a plan about “public-facing” in the near future?
“Passive Income” is a generic term in finance. If you took that name directly for your project, then you must have great features about it, so can you share these features with us? What is unique in your system or what unsolved problems are you solving? Are you still making R&D to make it even better, what innovative ideas do you have?
What other benefits besides receive passively a percentage of fees does the PSI holders have? Are they able to participate in your governance system?
PSI applies an 1% fee to each transactions and the split it among all holders of the token. The question is, is this your main method for the users to receive passive incomes or I’m missing something? Will this 1% percent have variations on time?
I notice that there aren’t PSI tokens reserved for the team, based on your Tokenomics. Is that right? Why did you decide to not reserve a percentage for the team? How are you making profits for developing the Passive Income project?
Most crypto projects organize special activities to engage the community. Do you have plans of leading Airdrops or competitions to keep the users interested in Passive Income?
On your roadmap you mention that you will create the PSI blockchain. Can you explain what is the PSI Blockchain and what kind of features it has for users? Is this blockchain similar to the Ethereum blockchain?
Your team consists of people with high qualifications in marketing and development who work with companies around the world.
How has the experience of your team members influenced the development of PSI? Did you get the idea to create Passive.Income right away, or did you come to the final result through transformations and restructuring?
Does Passive.Income have business partners and investors in the cryptocurrency world, and maybe even outside this world? Partners who help not only in the development of PSI itself, but also to make the cooperation of the community with PSI profitable and comfortable for them (for users)?
I saw in the pinned message that you have an ongoing trading competition. How can I participate? Can i join without any holding some $PSI or it is required to hodl atleast? And I’m still confused what does the 2 emojies represents?
On your website it doesn’t put there the exact date of presale. When will be the presale?
Is there any criteria to the ongoing event which is the Trading Competition? Can you please give us guide to follow?
As we know, every successful project has a few stories behind the scenes, what’s the story behind #Passive success? What was that vision when it first emerged as an idea? Are there any special prototypes or upcoming #Passive updates that you want to show/share with us?
Your project has named a passive income but many defi projects are for quick profit in short time and not meant to be for a big long term investment for investors? So for investors is it only a passive income name or how do you provide passive income in real?
Your project has named a passive income but many defi projects are for quick profit in short time and not meant to be for a big long term investment for investors? So for investors is it only a passive income name or how do you provide passive income in real??
Its nice to have an passive income just by holding $PSI without doing anything, but may I ask what about the active wallets or the one that actually trading, barrowing, lending, and using the Passive.Income services? Do they have separate rewards rate for their active engagement on the services of PSI?
There seems to be a future PSI marketplace that is under construction. May I ask what kind of marketplace are you creating? Is there a chance that it might be an NFT inspired one?
All accrued PSI passive income can be connected to a testament and 1 or more inheritors can be assigned. Is this feature already active? How to avail this program? Is there an available site to read the terms of agreement?
You said on the website $PSI charges 1% transaction fee and redistributes that fee to existing PSI holder automatically at the time of each transaction. are this FEE system possible to work if $PSI listing in the market DEX/CEX?
How hard is using (PSI) Passive Income for infrastructure that already exist? Can you tell to us what is your plan for mass distribution in the blockchain technology
I read from your website that Passive Income create Decentralized Token with no need use of Governance system from Centralized team, are this system possible to do ? And could you pls explain how this system work in Passive Income project?
Can you tell us what “Black Hole” is? And why such a name? I have associations with the Black Hole – this is an abyss that absorbs everything.
Astronomical subjects have always liked me especially with their unlimited theories that exist in the universe and those that are not yet discovered. It seems like a great idea to bring those theories to the tokenomics world but as they well mentioned “every blackhole can be scary”. For newbies who want to have passive income on your platform, what would you recommend so that they are not afraid of their wallets?
Currently you need creative ideas to develop the project you have, what creative ideas do you have, so that the PASSIVE INCOME project becomes a big project, and what makes your project different from other defi projects?