AMA Satoshi Club x Rocket Protocol, September 8th

We are pleased to announce our next AMA on September 8th 2020 at 02:00 PM UTC Time: Satoshi Club x Rocket Protocol

⚠️Click to see the hour
⚠️Total Reward pool: 1000$ (500$ in ETH, 500$ in ROCK)

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Rocket Protocol Telegram group

We will have the following structure:

Part 1: 200$ /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: 200$/10 users – Open chat for 80 seconds. You can post Max 5 questions. Rocket Protocol Team will select 10 questions and answer them.

Part 3: 600$ – A quiz about Rocket Protocol

For more details:
Rocket Protocol – @RocketProtocol
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Posted in Uncategorized

140 thoughts on “AMA Satoshi Club x Rocket Protocol, September 8th

  1. You are planning to start staking after token sale ended. What is the approximate interest rate users can expect?

  2. You are using Token Type: ERC20. Recently, commissions on the Ethereum network are very high, you have not considered the options for switching to alternative blockchains.

  3. Rocket Protocol is built to achieve a good economic model, so what problems does this model solve in DeFi? What will increase the scarcity of #ROCK tokens in the market?

  4. As I see , There are the three most successful product markets in the crypto market now: predictions, DeFi and Staking. #RocketProtcol has 4 products ONLY focus on Staking .Does #RocketProtcol plan to focus on DeFi ? What do you think about DeFi and is it suitable for your project?

  5. Rocket Protocol based on the DeFi platform to create several decentralized products. But as I know, since DeFi space is still in its infancy, there is still a lot of infrastructure to be built to solve the problem of contract security, liquidation risks, speed and cost of transactions. So how does Rocket Protocol solve these problems?

  6. There are many projects under development, so why should we choose Rocket project and not
    others?
    What are the advantages of Rocket project over other projects??

  7. What is Rocket marketing plan?
    Organize AMA with a reward in RCKTand attach on growing community are one of those marketing
    plan?.

  8. DeFi is one of the hottest topic 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 Rocket Token approach towards the DeFi sector..

  9. Community support is by far one of the biggest factors to the success of a project.
    What has the #ROCKET team planned to improve the user experience?
    And how can we as a community help the #ROCKET project?.

  10. What are $RCKT competitive advantages and what incentives and opportunities does $RCKT use to attract users to its platform?.

  11. Why did you choose ERC-20? Having networks with a lower fee in transactions such as bep2, trc-20. What benefits does ERC-20 have that the others don’t?.

  12. What a special for your security? And what make you confident is safe? I think security its important, please tell us about security of Rocket Protocol?

  13. What a special for your security? And what make you confident is safe? I think security its important, please tell us about security of Rocket Protocol?

  14. Currently launching tokens is a rather simple process. However, building the system, ecosystem and stabilizing prices is the hardest part for any platform. So, how does Rocket Protocol solve this problem to increase ROCK token sales & how will ROCK be used in the ecosystem?

  15. How do I know if your project is truly transparent? Currently, “hacker” situation steals user data a lot, so how is your security?

  16. I see Rocket Protocol team using code name for your profile now. There are meaning from number and alphabet Rocket Protocol team code name?

  17. What a special for your security? And what make you confident is safe? I think security its important, please tell us about security of Rocket Protocol?

  18. What are some of the major achievements that the Rocket Protocol project has achieved and what milestones are planned in the upcoming years ?

  19. how are you going to handle your systems if unforeseen problems happen in the future, particularly hacking issues that affect your platform have some of your users personal data ?? Would be your platform prepared to deal with that sort of situation ??

  20. what are the ways that Rocket Protocol Token generates profits/revenue to maintain your project and what is its revenue model ? How can it make benefit win-win to both investor and your project ?

  21. What are the advantages of Rocket Protocol as a multi-chain project combining DPoS & HotStuff? Why did you decide to create your own chain and not use an existing one? Then, what are the advantages of this project with ERC-20 and who is the target of the public?

  22. As a community driven project,how can I contribute my quota to your success? Do you have a Global ambassadorial Program or Referral Reward System? Do I get any benefit from holding Rocket protocol in long-term?

  23. What has been the most challenging part of developing the Rocket Protocol Network? What’s the biggest challenge you currently face in order to get this project finalized?

  24. How will Rocket Protocol team manages the platform if there is an unexpected problem occur in the future, especially hacking issues which in fact $ROCK platform has some personal data of the users?

  25. How does Rocket Protocol offer strong incentives for users to join the network? Why is it a good option to choose Rocket Protocol among the hundreds of stablecoins that currently exist?

  26. 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?

  27. DeFi is one of the hottest topics in the blockchain field. Can you share your opinion about DeFi with us?
    Do you think DeFi will destroy the existing financial system?
    What’s your project Approach towards DeFi?

  28. Can you give me 3 main reasons why I should invest ROCKET PROTOCOL in the long term?
    What is the advantage of keeping this token for a long and short term?

  29. The ETH blockchain is very slow, high fees. So why did you build ROCKET PROTOCOL on the ETH blockchain? What is the main reason for building it on Ethereum blockchain rather than building it on BEP- 2/ TRC- 20/ DOT Blockchain? Do you have plans to launch your own mainnet

  30. Rocket Protocol has a staking system called VIP Staking. What makes it special? How does it differ from other staking systems? Thank you.

  31. I follow @RocketProtocol ever since I heard it and I know you are doing many AMA’s in different groups in Telegram. So how did AMA helps your platform and what is the positive effects? What is the good result that it brings to you?

  32. Currently, safety and security issues are the most concerned issue. So, what technology does RocketProtocol use to ensure asset safety for users?

  33. What is main potential Threat do you see in the Blockchain Technology Currently?
    What is the real life problem Rocket Protocol is aiming to solve with Blockchain?

  34. What is difficulities and chances that Rocket Protocol face right now while crypto/blockchain market is still young and need time to grow?

  35. Your team members will remain anonymous till you reach the hardcap on the private sell. So why should I trust and invest on a project whose owners are anonymous?

  36. Your private sell ends 13th of September, how many tokens have you sold already? Will you make a public sale too?

  37. As an investor and early adopter, I find it difficult to access/value a project in the short term and require longer periods of time to fully understand, recognise and value it. So, to help my understanding, can you tell me what plans are set in motion to add value to Rocket ?

  38. As a community driven project and me a developer am interested in contributing to the project, do you have such programs

  39. It is said that to truly get people to use a blockchain project, there must be incentives. What incentives are available for me to Use Rocket Protocol? Do you offer Farm Yield or Liqiudity mining?

  40. In using a platform and to ONBOARD new users, there are key factors to consider which are
    Simplicity, Diversity AND CONVENIENCE. how does Rocket Protocol meet these 3 pain points of DeFi

  41. What are the advantages of #ROCKET compared to most DeFi projects currently on the market? Do you plan to innovate in any way? Do you plan to have any promising DeFi applications in the short term?

  42. Could you explain to us why you decided to create your token on the ETH network? taking into account all the disadvantages you currently have, such as delays in transactions and high gas levels.

  43. • Rocket Protocol plans to develop multiple products in the ecosystem, which will be the first to be developed? Do you have an estimated number of products for Rocket?

  44. • Is there a minimum number of tokens to participate in the incentive programs? What are the advantages of being a $ROCK holder?

  45. • Is it mandatory to reach level 3 of the staking to withdraw my funds? Can’t I withdraw them for example in level 2 with a penalty?

  46. I see that there is a reward pool for leader stakers. Will you share the reward equally to the top 50, or based on the amount of staking they performed?

  47. Can you provide some information about VIP Staking which sounds interesting. What are the differences from usual staking?

  48. Which area does Rocket Protocol focus on at the moment? (DeFi, Dapps,..) and which products/projects are you developing to support it?

  49. Why does Rocket Protocol build on Ethereum which got problem with scalibility, speed and high gas fee in recent time and do you have pland to move to BEP-2, TRC20…or build on your own chain in future?

  50. I’ve a question, where do you see the crypto space being in the next 3-5 years? and how will Rocket Protocol be part of it?

  51. From a startup project to a mainstream project, being a pioneer in the industry, do ROCKET team anticipate that many new startups will show up and compete?

  52. How long do you think the development of your project will take to be used all over the world, is it difficult to make such an adaptation this year? Does the ROCKET team have a strategy for that?

  53. How to make contribution to your Project?? What should we do in order to make your Project become the biggest, the greatest potential Project now and then????

  54. Rocket protocol will be creating a decentralized exchange which will also have a barter system… What kinds of tokens will be traded on your DEX and what types of Tokens can users exchange in your barter system

  55. On your roadmap for Q1 2021 you plan to partner with several Crypto projects can you tell us what types of projects Rocket protocol is looking forward to partner with

  56. For your Leveling of stake incentive program how many levels do you have, what advantage does a higher level have over lower ones and what are the minimum requirements to participate in each of this levels

  57. I realized that, literally, your logo has a rocket as your name. Why did decide to call the protocol of this way? How do you plan to arrive to the moon?

  58. Staking is very use these days, but in your page isn’t information about Rocket Protocol staking, could you give us some information of what is the profit people could generate staking ROCK? Where could we staking?

  59. Checking the website, I found that Rocket Protocol has a special staking system called VIP STAKING.
    SO HERE,
    How does Rocket Protocol VIP Staking works, WHAT IS THE MINIMUM AMOUNT NEEDED FOR VIP STAKING and what is the APR ?

  60. How does the Stake system work on the Rocket platform? Are there rules for each level? Also, how much is the minimum balance to join VIP Staking? What are the benefits compared to other platforms that allow staking? Thank you!

  61. Since your barter system in your wallet is based on Erc-20, is it limited to only supporting Erc-20 tokens? Do you plan to include other tokens or other blockchain based coins? Thank you!

  62. Rocket Protocol use to create several decentralized products & incentive programs to achieve a good economic model, that’s amazing.
    Can you share some exclusive products & recent incentive programs of Rocket Protocol?

  63. One of the main focusing point of Rocket Protocol is STAKING. Currently, there are many strong blockchain project are available on market those are offering very high APR.
    My question is,
    WHAT MAKES ROCKET PROTOCOL A MORE COMPETITIVE ONE THAN OTHER SIMILAR PROJECT?

  64. Why did you decide to base $ROCK on the ETH network? Doesn’t the fact that this network currently has high transaction costs and other inconveniences limit Rocket Protocol? Are you thinking of creating your own network to overcome these limitations? Thank you!

  65. 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 ROCKET how to compete with other DEFI projects what are the specific differences you can detail?

  66. 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?

  67. How does Rocket Protocol offer strong incentives for users to join the network? I mean, why is it a good option to choose Rocket Protocol among the hundreds of stablecoins that currently exist? Also, what are the specific problems that rocket aims to solve in the ecosystem?

  68. What is the advantage of Rocket Protocol being a multi-chain project combining DPoS and HotStuff? Why did you decide to create your own chain and not use one of the existing ones? Also, how different is this project from ERC-20 and who is its target publik?

  69. Adoption is one of the important factors that all projects need to focus on to become more attractive to investors. What is Rocket Protocol plan to adopt more adoptions?

  70. Can you introduce about the background of Rocket team ? ( Fund , Dev Team , Product , etc … )? Do you think it is competent enough to run Rocket for long-term ? How can Rocket make investor feel safe when investing on Rocket ?

  71. Can you please tell the investors that currently how many people working as a team , their backgrounds & credentials, and their achievements. And what companies are you partnered with or seeking to partner with in future?

  72. Can you briefly explain how the top milestones that Rocket Protocol team aims to do by the end of the year or to be in the next 5 years?

  73. Defi is currently the most prominent topic in the crypto industry, is $ROCK afraid to face many competitors when there are many projects related to DeFi? What about $ROCK attracts users?

  74. Marketing strategy is very important. A product can be established on the market without marketing and promotion, whatever it is good. So what are your plans for this? How will you build strong relationships with communities?

  75. Is Rocket Protocol have any Coin Burn / BuyBack system or any plans for Token Burn for increasing the value of Tokens & attracts Investors towards Stake for investments?

  76. Rocket Protocol has several Incentivised Program. Can you share them with us and their benefits ? What are your plans to provide Liquidity for $ROCK token?

  77. Can you share with us your next big milestone? What products is Rocket Protocol currently working on to make your platform attractive to crypto and non-crypto users?

  78. Interesting are the barters within Rocket Protocol. How is this system carried out with cryptcoins of different values and denominations?

  79. What are the incentives for Rocket Protocol users about? What do you offer users to be more attractive and prefer your platform?

  80. Don’t get me wrong, but most startup projects that go to DeFi Market lead to being scammed after their presale or private sale. What assurance can ROCKET PROTOCOL give us that you do not belong to the scam projects using DeFi to gain our support and trust?

  81. What is the difference between ROCK PROTOCOL “STAKING” compared to other staking programs available in the DeFi Market? How many ROCK TOKENS need to be set aside for staking and what is the reward?

  82. Can you give us the status of ongoing ROCK PROTOCOL PRIVATE SALES? How many days are left for sales? Will the sales target be reached? If not, what happens to the unsold token? And, where will the sales fund be allocated?

  83. According to Rocket Protocol website that you will make products according to the needs of the members. So how will you know what your members need? Do you have any suggestion or feedback section in your platform inorder to learn what the needs of your users?

  84. Can you explain more about the “Barter System” in Rocket Protocol exchange? What is the mechanism of this feature in your platform? Is there any systematic rules to be followed by the members? If yes, can you explain further. Thank you!

  85. What are the privileges of being able to bet using the ROCK coin? Could there be an additional cost and monthly staking period for those who use ROCK tokens for betting?

  86. Can members of the ROCK ecosystem get ROCK tokens even by just participating in the TUTARAK and INCENTIVE programs? What does your member incentive system include?

  87. Why did ROCK use ERC20 ETH in all its products and incentive programs? What are the advantages of the ETH ecosystem for ROCK?

  88. The question is about your product. How does the Rocket Protocol VIP bet work? How can I get a higher percentage of the reward?

  89. Regarding DEFI, what innovative decentralized products will ROCKET create? What are the options for receiving compensation for investors?

  90. Do you think that Rock token will be solid as Rock and hard like a stone? So what attributes with Rock token that can make it stand strong and become stable in this complicated market for a long time? As we know that this past weeks , there are some token that was become undervalued.

  91. Most investors want to invest in work products or MVP. What is the state of your products: staking platform, wallet and DEX?

  92. When it comes to marketing, what is your strategy for building a strong community? Is there an ambassador program to promote the ROCKET project?

  93. What is Rocket Protocol Tokenomics? Do you have mechanisms, such as buyback and burnout, to regulate ROCK supply and demand?

  94. The DEFI bubble is pumping up every day and it’s only a matter of time before it bursts. What do you think about this and can you be sure that ROCKET products will be in great demand in the long term?

  95. Many DEFI project coins have dropped dramatically over the past week. What is the Rocket project doing to make a difference and provide users with a better user experience?

  96. DeFi has become the fastest growing and most accessible aspect of the blockchain industry. How does Rocket feel about this? In your opinion, are we not in danger of oversaturation?

  97. What is Rocket’s vision and mission, and how special is your platform in terms of functionality and security? How do you rate competitors with similar functionality?

  98. What innovations has Rocket brought to the DEFI space? How is Rocket changing the new DeFi ecosystem and what are the plans for the next few years?

  99. What future developments for Rocket, in your opinion, will be the most attractive for large companies and organizations?

  100. All projects scream that their application or service is the best on the market. Can you say which ROCKET product you are most proud of and what will enable ROCKET to succeed in the DEFI space?

  101. The crypto industry is a fast-growing industry, how flexible is ROCKET to change quickly and keep up with technological trends? What is your long-term vision for the DEFI space in which the ROCKET project operates?

  102. Is ROCKET a decentralized open source protocol that anyone can contribute to? If so, what is the control structure of the ROCKET protocol?

  103. As we all know that, Ethereum is very jammed for now, but Rocket Protocol chose Ethereum to deploy contracts. With the increase of trading volume, what plans do you have in terms of scalability?

  104. As I know, a competitive fee is crucial for the success of a #DeFi platform. How does Rocket Protocol outperform other projects with similar models?

  105. What is the value and usefulness of the ROCK token in the ROCKET protocol? What opportunities do token holders have in the short and long term?

  106. What are your plans to educate and raise community awareness so that more people understand the ROCKET platform, its technology and vision?

  107. What are the competitive advantages of ROCKET over similar projects? Can you name 1-3 ROCKET functions that are ahead of the competition?

  108. Partnership and community are the keys to the success of such projects. Could you tell me what partnerships ROCKET will develop and what incentives are there for new ROCKET users?

  109. Blockchain doesn’t mean decentralization yet. What is the level of decentralization in ROCKET and where is user funds stored?

  110. How will the problem of manipulation and fraud in ROCKET be solved? Is it possible to completely eliminate human influence and fully use a smart contract?

  111. Q: What are some of the major achievements that the Rocket Protocol project has achieved and what milestones are planned in the upcoming months/years?

  112. Is Rocket Protocol have any Coin Burn/BuyBack system or any plans for Token Burn for increasing the value of tokens & attracts investors towards stake for investments?

  113. It is said in the website that you will burn 50% of the ROCK tokens which are owned by the Rocket Protocol Team if you are able to hit the hardcap target. What are the other mechanisms to burn the token?

  114. I want to know — What’s about Transparency?AS security is one of the most important in DEFI project, & BZX was hacked and 650000 dollars stolen. So, WHAT strategy you applied to make rocket protocol more secure ?

  115. Why Rocket protocol focused on Defi?
    What is the next step Rocket Protocol will takes to makes defi better in global usage!?

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