AMA Satoshi Club x Fuse, October 22nd

We are pleased to announce our next AMA on October 22nd 2020 at 02:00 PM UTC Time: Satoshi Club x Fuse

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Fuse 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 80 seconds. You can post Max 5 questions. Fuse Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Fuse

For more details:
Fuse – @fuseio
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Posted in Uncategorized

85 thoughts on “AMA Satoshi Club x Fuse, October 22nd

  1. You claim that FUSE is a self-service smart contract platform. Explain what you mean by “self service”and how it defines your project.?

  2. Most users have smart phones but still prefer to use physical cash. Main reason is that digital money is currently powered by banks and big tech giants. Can FUSE lower the technical barriers and compete with the big guys?

  3. In your website,I noticed that you have a fixed fee of 1 cent per transaction to move money instantly.my question is this
    Why is the fee fixed and does it include larger transaction in different blockchain or inter bank transactions?

  4. People all around the world need a good experience for money on mobile and most providers are not international. Can people from all over the world use FUSE with the currently low fees?

  5. U claim to customize wallet through FUSE STUDIO.How can someone with no computer knowledge be able to achieve this

  6. Ethereum is a big platform. And right now, Ethereum is the only platform that FUSE integrated with. Does FUSE have any future plans to integrate with any other blockchain that has enough users and stablecoin ecosystem?

  7. At present crypto lovers mostly worry about security of wallets.So what special security features used by Fuse wallet to ensure security?And what are unique features of Fuse wallet over other?

  8. With world economic crisis how Fuse network stabilise the token price with inflation rate?And what will be future of $FUSE holders?

  9. Today crypto platforms cannot exist without great partnerships.What will be new partners of Fuse in recent future?

  10. What your long-term vision of the industry #Fuse team works in? Are you afraid that so meday another project with better and more innovative technology will replace #Fuse project  ?

  11. What are the FUSE projections for the future? Do you think that the Market Cap of cryptosystems will increase enough to make the investments in $FUSE profitable?

  12. Could you tell me more about the FUSE cascade rewards program? What are the requirements to be rewarded? How it different from the other liquidity rewards program currently in the market ? As a collateral assets, do you plan to list the token on lending/borrowing platforms?

  13. How will you manage your platform if something unexpected happens in the future, especially the hacking issue that causes FUSE platform to have some personal data of some of your users ? Is your platform ready for this situation?

  14. Today, DeFi is an important topic in the blockchain space. Right now and near future,so can FUSE share your opinions on DeFi? Do you think that DeFi will disrupt the existing financial system and What is FUSE approach towards it?

  15. The crypto world is becoming overcrowded with blockchain projects and tokens, what makes FUSE different from other projects?

  16. On moving forward through your roadmap, what are your most important next priorities/Milestone? Does Your Project have enough fundamental (Funds, Community, ect) to achieve those milestones?

  17. What is your strategy for building a strong community? Do you agree that the power of the community will lead your project to develop globally? What services do you provide to the community?

  18. what are the ways that Fuse generates profits/revenue to maintain your project and what is its revenue model ? How can it make benefit win-win to both invester and your project ?

  19. In a article on your website, The fee cost per transaction in Fuse will be adjusted to be a maximum of 1 cent US dollar once the blocks start to fill up. At this stage simple transfer transactions will be moved off-chain. So that means if it’s only 50% of the blocks in your network, the fee is 0.5 cent US dollar? Can you explain this mechanism in detail?

  20. fuse is build using the ethereum network, did the high gas fee in the last 1 or 2 months affect the txn fee for the fuse application ? Are there plans for the future to reduce the gas fee or wait out until eth2.0 arrives?

  21. what is fuse network revenue model ? do the project implementors of fuse just pays a one time fee to use the fuse system or is there a recurring payment that they need to pay monthly ?

  22. When will FuseSwap be available to the public and what are it’s unique features compared to other tokens swaps out there?

  23. Some project developers focus only on the price of their created assets/token for them to dump on retail investors like us, for you, what is more important, the price of $FUSE tokens or the development of the project itself.

  24. I see that “While the network has unfilled blocks the cost per transaction will be lower than 1 cent.”.
    So can you tell me When the network has filled blocks?

  25. In a article on your website, 5% inflation in the network is distributed between the validators. Each cycle (A cycle is all transactions conducted in 48 hours) the validators with the highest amount of Fuse tokens staked will split the rewards based on their stake. So can you explain this mechanism in detail?

  26. – Is it possible to create only ERC-20 tokens with Fuse Studio? In which blockchains can I develop my own token using this platform?

  27. – Does Fuse help me create my community or does it only focus on token creation? What support do entrepreneurs have from Fuse? What services do you offer?

  28. Among the popular DEX in the market, why did you choose to release your public token liquidity to Mesa Decentralized Exchange and how is the process of Bonding Curve Distribution on Mesa?

  29. Fuse has just announced the partnership with CorionX, what is the mission and vision of this partnership?

  30. Can you tell us briefly what are the use cases of these following layers of technology developed by Fuse — Fuse Wallet, Fuse Studio and Fuse Network?

  31. What is the minimum number of FUSEs I can pass to validators? And what passive income can I get from this? Can I pass FUSE to just one validator or all 76?

  32. question :

    Some Micro Economies are enjoying the Fuse Network Protocol right now with thier businesses.
    My question is,
    Is FUSE Network designed for those in the MICRO Economies only or BIG business enterprises can also use the platform?

  33. question:

    Fuse minted an initial supply of 300 million tokens and somehow a Huge supply.
    Is there adjustments of the total token supply like Regular Token Burn? to lessen the Total Supply?

  34. Your network is connected to the Ethereum chain via a bridge. Allowing users to transfer FUSE tokens between the two networks… Can you explain how this bridge works and how it is able to maintain the total circulating supply of FUSE on both networks and carry out transactions on both networks efficiently and at lower costs

  35. You partnered with “Getblock” with the aim of reducing the cost and time consumption of running a node can you explain how this partnership is helping you resolve the problem of cost and time consumption how is this implemented in your network, and what role doses your own node play in this

  36. I see that your platform is trying to make it easier for people to build a Customized Community economy with a community currency can you explain how users can use your platform to build a Customized economy what unique features do they get for building one on your platform and how truly easy is the process and requirements

  37. Fuse is designed for communities to have their own payment systems, which is great for small / medium towns, but how would Fuse integrate into communities that are made up of third age people and are unfamiliar with cryptos and blockchain?

  38. Currently where is Fuse being used? Communities in which countries have developed their own custom branded mobile wallet and currency?

  39. Does Fuse have any refferal program? How can we participate in that referral program and earn dividends from it?

  40. Fuse Networks charges up to .01$ transaction cost. So can you tell us how will be the transaction cost being calculated? What is the basis of calculation? Is there a minimum cost of transaction that can be limited only with .01$ transaction fee?

  41. Can you explain more about Fuse Studio? What particularly is the service of this feature? Can anyone allowed to use this feature in your platform or operators only?

  42. Can you elaborate more about the Custom Branded Wallet of Fuse? How to operate this kind of wallet? What currency can be stored in this wallet?

  43. – Fuse makes it really easy to create our own community and our own token, it just seems like a matter of thought.

    It’s great! But there is something that worries me and I don’t know if you have taken it into account:

    The fact that it won’t require “a lot of knowledge” to create our own token, won’t it make the market fill up with a lot of “Trash Tokens”? This will certainly lessen the possibility that people still reluctant to cryptocurrencies will shut down in this new era. What plans do you have to avoid this?

  44. – Can “anyone” really create their own community and token, regardless of what they do, or what profession they have, or what intentions they have behind it? Does Fuse have any way to “filter” or “verify” those serious projects that are not?

  45. – What is the capacity of Fuse’s servers? Does it have all the power and memory to store all the wallets of hundreds of companies, businesses or people? Is there no chance that it will “overload” or “crash”?

  46. – If I have a business and want to create my own wallet at Fuse to receive digital payments, should I hire an expert or developer to do it for me? Or is it possible that with very basic knowledge, and with the help of their video tutorials, I can do it myself?

  47. – Is it possible to customize my own economy to receive payments on multiple tokens? In other words, can I have my own token and at the same time receive payments from any other ERC 20 token if I choose to?

  48. – In the long run, is Fuse planning to be more than just a wallet creation network, or do you have something else in mind? We want to know!

  49. FUSE is a platform similar to Etherscan in mint. So what is your difference from Etherscan? Some highlights? Does FUSE solve the disadvantages of other platforms?

  50. a few days ago we both heard a news headline entitled ‘hacking’, how do Fuse think about it ?? well, the most important thing is how Fuse prevents and protects assets from similar incidents.

  51. What problems is Fuse trying to solve to make it easier for Crypto users? Please let us know how evolving the roadmap is right now. What will happen this year and in the future?

  52. To become a validator, I need 100k Fuse? But to get more rewards, I need to have as much Fuse as possible? Right? And I can attract user funds to increase staking? My main question is: in order to pay rewards to everyone who delegated tokens to me, I need to pay for gas with ETH?

  53. Is Fuse here for the long term? What range of products can you boast of that will attract and retain crypto and non-crypto users to your platform? How do you plan to improve users’ experience?

  54. What is the point of using FuseStudio? Do you simplify the creation of a token on the Ethereum network? That is, you have streamlined the instructions available to everyone on the Internet and take money for it, more precisely Fuse tokens? Excuse me for asking, will you tokenize instructions for making sushi?

  55. If Fuse is a one stop shop platform, will it be possible to withdraw to local fiat in the country one uses the platform?

  56. Is Mesa a public exchange? Will FUSE be listed on other exchanges like Binance or Kucoin or others in the near future?

  57. I saw you have a tool for creating a token in five steps. I’m interested in all of them, but most of all the last step. What network is the token deployed on?

  58. If I create a token with your help, who will ultimately have access to the created contract and can it be checked for vulnerabilities?

  59. You said on your medium article that Fuse chose a ‘sigmoid bonding curve’ to reward the early adopters and investors who truly care about our DeFi ecosystem, and disincentivize front runners that participate for pure value extractions. What is “sigmoid bonding curve” and how will it reward or disincintivize traders?

  60. Fuse already help launched 300 micro economies from different countries. Do these companies have established connection or inter-connected with each other with the help of Fuse?

  61. Do Fuse have parnership with Mesa Exchange. What is the difference of Mesa to the other Decentralized Exchange that is more popular and already have big community?

  62. Your Momentum has used up 7.79% of $ Momentum tokens, what are the remaining 92.27% you use for? To provide investors and projects? Why is the number of burners so small?

  63. In Fuse studio, I can create my own token with my own economy. As a test I created 1,000,000 STC networks on Ropsten in main net tokens are also easily created and there is no need for financial security? So I can create a million out of thin air?

  64. What is a short momentum and a long momentum? Does it make any difference? How long is the short Momentum used by the name? What about the long Momentum? Does it help increase Momentum tokens over time?

  65. If I put 1000 $ on your Short Momentum or the Long Momentum token which would be more profitable? Can I withdraw money while choosing a long time? And is it deducted from anything?

  66. What is most important advantage of DPoS for Fuse over other several consensus algorithms such as PoW, PoA, PoS, etc. so that you preferred to use it?

  67. Can you provide some details about FIPS please? How are they submitted and reviewed? Are there any rewards for accepted ones?

  68. Do I understand correctly, can I create my own token by using Fuse Studio? That is a great feature. And what about the rest of cycle, does it have other features that can help me move on this way?

  69. Is Fuse Wallet used for only Fuse token, or for only ETH tokens or for many kind of tokens from different blockchains? In case it is a competitor of common wallets in the market, does the wallet have any innovative features so that we think of switching?

  70. You use DPoS on Fuse Network. So there are both validators and delegators. Can you tell some about the rewarding for these parties?

  71. ou have listed some plugins for Fuse Studio. What are they used for? Can outsider developers add any plugin to the studio?

  72. During pandemic days, neighborhood apps did rise their popularity as people had to be lock down. How Fuse can evolve into a neighborhood app or can communicate with those apps?

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