We are pleased to announce our next AMA on August 17th 2020 at 01:00 PM UTC Time: Satoshi Club x RIO DeFi
⚠️Click to see the hour
⚠️Total Reward pool: 600$
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join RIO DeFi Telegram group
We will have the following structure:
Part 1: 150$ /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
Part 2: 150$/10 users – Open chat for 80 seconds. You can post Max 5 questions. RIO DeFi Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about RIO DeFi
For more details:
RIO DeFi – @Riodefiofficial
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Do you think DeFi will disrupt the current financial system?
How many members do you currently have on your team?
What are the marketing strategies of your project ?
What will you do so that your project will be visible in crypto field and people come to explore project?
Many giants already there in DeFi space now what is unique concept of #Rio ?
Why is Defi now trending? Almost all of them brought Defi, did Defi give positive things?
• One of the big problems with the ETH blockchain is its scalability and transaction fees. How can Rio Chain solve this problem? Will the commissions be so high or do you have a system to keep them as low as possible?
• Rio DeFi facilitates cross-chain transactions and bridges blockchains with traditional financial systems. What method do you use to make this link with the traditional system?
Why does your project develop wallet, defi, … without creating its own token?
The Advantages of blockchain technology are transparency, security and scalability. How do you take advantage of blockchain to develop Ecosystem, or Apps, dApps, etc,?
Since Polkadot is built on top of Substrate, we can utilize a handy feature of Substrate to circumvent forks in the relay chain and also every other blockchain built with Substrate. Can you describe How do Substrate on-chain updates work?
Can you describe some use cases of the RFUEL token? and what are the benefits to hold RFUEL tokens?
I heard that you also launched Instant Loan Programs? Can you explain the benefits and advantages over similar programs in the traditional banking system
How is the interaction with other blockchains happening and what’s it purpose? Why would I use RIO Chain and then interact with Ethereum rather building on Ethereum from the beginning. Thanks!
What product do you want to send to the user? Exchanges? Token storage wallet? Or another product?
Currently, the transaction fees of tokens that require payment in ETH are too high. In your opinion, how should we reduce transaction fees in ETH?
Who are your partners up to now? Who would you like to work with in the future?
RIO defi aims to bring innovative technologies. So how will these innovative technologies help the blockchain industry to work more transparently and securely against from hackers?
As i know,DeFi is the important topic in the blockchain space right now and near future,so can Rio defi share your opinions on DeFi? Do you think that DeFi will disrupt the existing financial system and What is Unification approach towards the it?
PolkaDefi is expected to dominate the 2nd half of the year. As a Defi project that strives to continuously deliver innovations, how does Rio Defiaim to dominate the #PolkaDefi ecosystem?
I don’t like the idea of 1 million project offering the same thing, so tell me how Rio DeFi is different from existing DeFi solutions
What’s the utility of Rio
We all know that DeFi will not replace Traditional finance institutions, so how do you seek to create an ecosystem that will allow both interoperate together
Rio Chain has plans to switch from Proof-of -Authority to Proof -of-stake model And it’s consensus algorithms from AURA to BABE why do you plan to switch to the POS model after starting your chain using the POA model?
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 Rio Defi?
Can you explain what you mean when you say that Rio-chain operates a federated blockChain (hybrid federated model) rather than a permission less blockchain
The sponsorship plays an important role in building the Rio Defi community and Rio Defi ecosystem, Can you share more details about the Rio Defi sponsorship program?
Can you Explain what Rio generic Asset bridge is and how it works?
Most investors only focus on the price of RIO defi token in the short term instead of the real value of the project. Can you tell me the benefits for long-term investors?
Your main direction is DeFi. Will it have any significant role in crypto adoption? How do you see the future of it?
Does the RIO DeFi team plan to work with governments of friendly jurisdictions and invest in banking licenses? As the industry grows, entering new markets?
AMA session very rewarding and received a lot of questions related to utilities and technology, future vision,
So now I want to ask what do you want to receive from the community?
In order to connect institutions (e.g., banks) with users, data will need to be provided to those institutions. How will you be handling users data? Will any kind of KYC be required to use Rio DeFi’s products?
How will Rio Defi helps to solve the problem of global economy crisis especially with our situation today that we are facing pandemic? What will be the role of Rio Defi in the complicated market as we know that there are many Defi already existing and launched?
What do you think about the future of DEFI and STABLECOIN?
The thought of DEFI as the Future of Blockchain was in fact, Not TRUE.What I mean to Say is: How Could You Expect Trust in Financing when Millions has been HACK recently?Hope you can do the Math, the Loss vs Profits?
DeFi is growing really rapidly, and how this unique proposition can become the dominating force for you guys in the DeFi space?
What is your personal view about the current state of the DeFi landscape and the trends? And do you think that we’re going through another round of bubble?
What are the marketing strategies of your project?
What do you currently think is the biggest obstacle that as a whole we need to overcome towards further mass adoption of the Defi and Defi protocols engine?
DeFi is one of the hottest topics in the blockchain space right now. Can you share your opinions on DeFi with us? Do you think that DeFi will disrupt the existing financial system?
Currently, the Rio Wallet can hold BTC, USDT, RFUEL and BIT. Do you have plans to add other popular coins like ETH, TRX, … not because the demand for it is quite large?
What are the Recent Major Achievements of RIO DEFI and also what are the Future Plans for Project’s Growth & Developments?
How is the Rio Fuel (RFUEL) launch and distribution roadmap done? Feasibility of applying Rio fuel (RFUEL)?
What types of projects are building on the RIO chain? Why did you choose to combine those projects, have criteria for selecting projects?
What are your major goals to achieve in the next 3-4 years? What are your plans to expand and gain more adoption?
Why is RIO Chain using a Proof of Authority consensus model? While there are other consensus models available today that have many advantages and faster processing speed
When we think of Ethereum & DeFi, the most common Project that came in Mind is MakerDAO.. So, What are some core value & Roles of RIO DEFI in Blockchain Space?
Rio Defi has a great vision: to bring the 99% of users that are not on the Blockchain. Can you explain more about this?
What are the benefits to any decentralized application project using Rio Chain core technology?
Bitcoin, Eth, … all operate on a public chain and are growing well. So why did you choose the Federated chain?
What’s your outlook on the future of cryptocurrencies? What can we do to keep increasing adoption?
The thought of DEFI as the Future of Blockchain was in fact, Not TRUE.What I mean to Say is: How Could You Expect Trust in Financing when Millions has been HACK recently?Hope you can do the Math, the Loss vs Profits?
In your opinion how community support play important role in project progress & how RIO DeFi Team planning to build community ?
Do you have any ongoing campaign or marketing event to captivate new users in Rio Defi aside from having AMA? What is the best asset of Rio Defi that do you think will be the factor to stand strong in the market?
Is there any way the team would consider burning some tokens on initial launch? The circulating supply may be too much at this point?
Is Rio based on ERC20 or dot ?I got a question for you . Will there be more defi projects built on Rio chain ?
I want to participate in the Staking program. what do i need to get the most benefit?
How Rio DeFi Amis to bring blockchain technology to masses?
And
When will Rio launch financial applications?
Blockchain technology hasn’t even reached 1% of the global available
market. What’s needed in order to bring the other 99% of people intothe space? So My question is What RIOdefi team is doing to make Blockchain technology more adoptable and can use it globally?
How do you plan to bring dApps to your Rio Chain platform? Do you have any completed projects?
Talking of Philosophy Why Rio DeFi takes the opposite view to chain maximalism?
Existing Blockchain are too slow and rigid. What technology Rio DeFi use to get rid of existing Blockchain problem?
Recently Rio Chain announces the release of its first decentralized application called MANTRA DAO which is already in news, so I want to ask what are the tools and services provided by Rio chain for ease of business
What critical problems do you see occurring in the blockchain industry nowadays and why we need a DeFi solution in blockchain ? What’s your aim to solve these problems & how will you solve?
Today, DeFi has changed our relationship with money, investment, credit and debt. So, how do you see the future of DeFi?
Since DeFi involves many projects, what are the factors that #RIOdefi can play a role?
Several DeFi projects on Uniswap has launched a Liquidity Mining campaign, to reward Liquidity Providers. I’m interested in providing Liquidity. Does #RIODEFI intends to launch one soon, after listing?
Many projects Came after 2017 Bull run just to get Loads of Money & went away after that in name of ICO And same is happening in 2020 in concept of DEFI,
This confuses Many NEW investors where to Invest,
Can You tell me 3 three reason to invest in #RIOdefi for Long term?
What peace of mind does RIO DeFi give users the peace of mind when crashing a decentralized application? What are the compensation schemes? Who will solve the problem or the user is solely responsible when an error occurs?
I am a professional hacker in the internet network. Projects around the world can still make mistakes, so what makes RIO DeFi sure it won’t be? RIO DeFi is there an exchange that pays rewards for 1 hacker? What is safe mode for users?
Each project is based on blockchain to promote different strengths. For RIO DeFi , what will investors enjoy and earn from the platform?
Explain us about Rio DApp runtime module.
Does this help DApp developers if they want to build a system level function?
RIO DeFi operates as a federated blockchain rather than a permissionless public blockchain.
How this can avoid risk of 51% attack?
RIO DeFi uses PoA but why you are adopting AURA and GRANDPA?
Everyone knows about the relationship between Rio DeFi and Mantra Dao. Tell us in more detail what else these projects have in common, apart from general management?
DeFi is currently a hot topic in the blockchain technology ecosystem, what are your expectations on DeFi for the near feature and for the next few year, and what is the role of RioDeFi in it?
Do the devices need to be compatible with the latest generation technology run the software used by Rio DeFi? How can mainstream pupulation have accesd to Rio DeFi?
How does Rio DeFi ensure the scalability, security and performance of financial transactions?
What applications will Rio DeFi use to connect traditional and decentralized finance?
From which devices can users access to Rio Wallet and use it? Have all, Android, IOS, and desktop wallet been launched already?
Does Rio Defi have a reliable Interoperability infrastructure that would efficiently connect businesses with users?
You say that you will distribute RFUEL for new users registration. How much was distributed until now? Also, there are 350 million RFUEL reserved for staking. How much is stil left and how is the process of staking? I want to try it
RIO ECOSYSTEM is powered by RIO CHAIN. What kind of blockchain is RIO CHAIN? And, how will RIO CHAIN solve major blockchain problems such as lack of scalability and security, lack of standardization: limited interoperability and Integration with legacy systems?
RIO CHAIN first major DApps is called “MANTRA DAO”. Can you tell us how important RIO CHAIN to MANTRA DAO in its own ecosystem and network operation?
Based on some reviews, DeFi Market is still “YOUNG”. As RIO DeFi focuses on DeFi tools on your platform, what do you think DeFi is still missing and how do you plan for mass adoption?
DeFi, or Decentralized Finance, has become a hot topic in the industry. On that front, I’ve seen Rio Network detailing DeFi use cases on the website. What would you say is the most promising DeFi application for Rio Network at the moment?
What is the significant thing that really distinguishes this project from other projects, why should I choose this project and on which exchanges are ready to accept Rio Defi trading?
What technology stands behind and What are its advantages?
What is the difference between Rio DeFi’s path, goals and ecosystem it wants to build when compared to other blockchain technology companies? How will Rio DeFi make a difference?
What negative effects of the industry were taken into account when designing Rio Chain? How will your solutions for security, speed, scalability and interoperability work?
Under what conditions can Rio Chain provide the scalability, security and speed parameters at the highest level?
How is the federated model used to increase the 2s block and transaction volume up to 3,000 TPS?
Why is Rio Chain using a federated model? What are the main indicators and TPS of this model?
How will the problem of decentralization be solved in a hybrid blockchain model?
The fees on the Ethereum blockchain are very expensive. How does Rio Chain plan to reduce chain fees?
Rio DeFi’s mission is to accelerate the massive adoption of digital assets. But how do you attract people outside the crypto space?
How can Rio DeFi help people in countries where banking is not available?
For Rio DeFi to go mainstream, partnerships with trusted financial institutions are essential. What partnerships do you have today?
How does Rio Chain encourage users to drive its ecosystem and use apps?
How is Rio Auth’s authentication system different from what we’ve seen before? For example V-ID?
What technology does Rio Chain use for interconnection? What new features will DEFI users have?
When choosing a project for investment, 3 things are important for me, cost, compatibility and safety. How can you guarantee me that these 3 things are available on Rio DeFi?
Rio DeFi has cross-chain interoperability function. What public networks are you planning to integrate with? Tell us about your existing partnerships today?
Ethereum-based DEFI is getting very expensive, will Rio DeFi services be more affordable?
Do you consider Compound and KAVA to be your competitors? What are the benefits of Rio DeFi in terms of functionality and security?
What new crypto business models can be created after the launch of the platform, Rio DeFi? What are the use cases for RFUEL coin holders?
Can you tell us about the motivation and benefits for investors to keep the RFUEL token in the long run? What plans do you have to help drive the demand and scarcity of the RFUEL token?
What are the incentives for new users and what are the opportunities to earn from the referral program in the Rio Wallet mobile app?
DEFI is currently a trend for investors. What do you think about the competition with other DEFI projects? What are the points in which competitors in the market cannot beat Rio DeFi?
We have seen Staking / Lending / Governance in other projects, but tell me what unique functions does the Rio DeFi model include?
What fundamental problem does Rio DeFi solve in today’s financial system? And how will Rio DeFi accelerate the massive adoption of digital assets?
What are the opportunities for application developers on the RIO network?
What do you think of a public chain with privacy features? Many public chains are considering adding privacy features, such as adding zero-knowledge proofs, will Rio DeFi develop in this field?
How difficult is it to connect traditional finance and integrate with Rio DeFi? How do I solve the compatibility issue?
What your plans in place for global expansion, are Rio DeFi focusing on only market at this time? Or focus on building and developing or getting customers and users, or partnerships? Can you explain this?
Please share key performance indicators of the chain, such as the Number of blocks per second, time to completion of a transaction, transaction speed, cost per transaction, or something else? Can you compete with other payment networks?
What forms of payment are accepted in the sale?
Is there a private sale, and does it include a discount?
Rio Chain Hybrid model allow high speed transaction in the platform, how can this awesome performance can be realized?
What’s is Rio Chain?
What’s make Rio blockchain model special?
How will you manage your platforms if there will be unexpected problem occur in the future especially hacking issue which infact your platform has some personal data of some your users? Is your platform is ready to face this kind of situation if ever?
Rio DeFi keeps growing and making more developments. What are your major priorities to achieve your main goals? What are the steps you’ve been doing to keep these developments?
What is the uniqueness of Rio DeFi that cannot be found in other projects that’s been released so far? And how the demand of your Rio DeFi will increase in the future? or what steps would you take to increase the demand?
Who are your business partners? How you plan to work with them?
How secure is your platform? Can you share briefly on what measures and security features implemented on your platform?
Most of investor just focus on the price of token in short term instead of real value of project. Can you tell us the motivation and benefits for investors to long term?
Trust is very important in business. So, what makes investors, customers and users feel safe when working with Rio Defi? And how will you get the trust of many users that have negative thoughts about Blockchain?
DeFi is one of the Topix in the blockchain space right now. Can you share your opinions on DeFi with us ? Do you think that DeFi will disrupt the existing financial system ? What is Proxi approach toward the DeFi sector?
How many partners currently have trusted Rio Defi technology and what benefits do these partners bring to Rio DeFi and your partners?
Marketing strategy is very important for every projects. A products be established on the market without marketing & promotion, whatever it is good. So what are your plans for this? How will you build strong relationships with communities?