We are pleased to announce our next AMA on November 2nd 2020 at 12:00 PM UTC Time: Satoshi Club x Sögur
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Sögur Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 80 seconds. You can post Max 5 questions. Sögur Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Sögur
For more details:
Sögur – @SogurSGR
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
I want to buy $SGR..
What is your real contract address because there may be many fake phishing ones out there?
How do you see the future of #Sögur Currency in the 5 years to come?
Do you feel it will continue to grow until it achieves its ultimate goals, or do you see the probability of competitions overtaken #SGR due to current market challenges?
Your Whitepaper says that $SGR is backed by a variable reserve similarly to the IMF’s SDR. Can you explain what this means and how it works?
Sögur currently exists as a smart contract on the Ethereum network. The Ethereum network is really slow (can only process 15 tps) and fees tend to shoot up when it gets a little congested, if Sögur is to achieve widespread adoption, wouldn’t the high Gas fees discourage people from using it? How do you plan to tackle this?
Sögur is characterized by working under non-profit principles, so in what way does the project generate and obtain economic benefits if all its income is used in its entirety to promote its objective? Do they own shares and how can you become part of the shareholders of the company?
The SGR token includes a liquidity provision mechanism, it also serves as a medium of exchange and has a consistent monetary model, but in what way do they intend to cushion volatility without affecting the price of the token? Why did you decide to create a second token called Saga Genesis and who benefits from this creation?
Sögur aims to connect two different worlds of traditional and emerging money, however is the SGR currency protected by any reserve or fund? In what way do you think the SGR currency will evolve within the monetary system?
The Sögur project has several important associations, this generates credibility in the project and high adoption of it, but how do the associations continue to grow in the project? How do you compensate your partners and sponsors? What type of investors did you decide to target from the start?
I see that Sogur have partnership with Chainlink, what will be the advantages, benefits and added value to both projects for this partnetship?
Sogur’s main objective is to create a true global currency that no single entity has jurisdiction on it, meaning it’s decentralized, however, this concept may actually has a little centralized factor/aspect on it, how would Sogur ensure that the product you are serving is completely decentralized?
How does SGR’s bonding curve helps mitigate the volatility and fluctuation of its price?
On your media channels it’s stated that Sögur is designed to hedge against volatility risks. Can you please tell us more about the mechanisms you’ve implemented to protect investors from this issue?
One of Sögur’s most interesting features is related to the price value & interest rebalance/correction mechanism. Could you please explain how does this work? That is, how is that implemented with the smart contract?
What are the key features/advantages that will allow Sögur to stand well above its competitors? That is, if you had a list of pros in mind related to your project, which would you say are definitely your main competitive advantages?
Saga is intended to be a global currency. This is a very noble idea but this will clash with many crypto enthusiast that believes Bitcoin is the global currency and already built a great reputation and influence in the crypto industry. How will you try to persuade these people to support your cause?
Support of the traditional financial institution is much needed on Sogur’s plans. For now, do you already secured a partnerships or agreements with this sector?
Can you please explain the difference between SGR and SGN tokens and what will be their usecases on the Sogur Project?
– Are there internal and external audits of the fiat money behind Sogur? Is it possible to access this information to generate confidence in the users?
– “When the economy expands, the Smart Contract increases the supply of SGR” How does this mechanism implemented by Sogur work? Will it always be an inflationary currency? It can serve as a reserve of value
– Sogur’s fiat money reserve will always be constant? Or can it vary depending on the market? Exactly under what circumstances could we see a deficit in this support?
If the Sögur project is built in order to achieve control of volatility, what risks does it present and how would they achieve this goal?
How is the risk-reward ratio process? What would I be risking in Sögur?
What are those fiat currencies that SGR has used to create its reserve backups?
If I have an SGR token for participation in governance, will my votes be based on the amount of token I have?
Can you explain to me that model of the linkage curve that Sögur has as a tool to allow the growth of independent value?
Sogur is implementing real-world monetary instruments on blockchain and aims to be a Global currency.. some central banks across different countries are currently developing their own central bank Digital currencies do you see this as a serious competition to Sogur considering the fact that this countries will prefer their Central Bank digital currencies over currencies like yours how do you see sogur playing out in the midst of this CBD’s will it survive among them
To become a Global currency one of the important thing Sogur will have to deal with is the issue of Currency distribution and trust, so how will you ensure that your currency is distributed equitably around the world instead of it circulating in the hands of only the rich or some specific countries as this will be against the aim of being a Global currency..
“Sogur” Token is Employong Methods From Traditional Finance in Attempts to Combat Volatility can you tell us some of the methods you have employed from the traditional finance into sogur to combat volatility and also help in your goal of becoming a global currency..in other words what aspects of traditional finance are you implementing in Sogur
What are Sögur’s Voting Terms and Conditions in order to submit a proposal for a governance model for the platform? Can anyone with basic knowledge make a detailed and legal description of the validation process of a new proposal?
Since the merger with Chainlink, what benefits has the platform seen? Given that the smart contract that SGR coined cannot be paid for with SDR units, what is the exchange rate that bridges the gap between the SDR composition held in reserve and the digital asset used to purchase an SGR token?
Can you explain for me how works the mechanisms to reduce of volatility of token sgr ? For example do you make operations in forex market, have smart contract to do it or it’s like a stable coin ?
Can you tell me more about the partner with etorox? Have plans to list sgr in other markets? The exchange is not only about criptocurrencies but you can trade forex to.
About the holders of sgr, can you tell me more about benefits? Tell me about it the secret of the success! I see the token is not in downtrend and have a good volume! Many coins/tokens die in few mounths or wekks
Is there any way you help your users to manage their finances, I mean, do you have an advisory method to keep people winning and confident with Sogur?
What are the principal factors that makes $SGR self sustaining?
Has been the pandemic an obstacle for Sogur reaching their goals this year or have you become stronger? Can you explain?
1)What are the advanced features of your project that makes it ahead of its competitors?
2)Can You talk about the weak point that Your project is Currently Dealing With and
how you managed to overcome it?
Sögur has a bounty system to motivates its users to participate in the ecosystem, but I just get noticed that exists differents levels, so can you explain what are the benefits of Each level? Also a high level user can do beginner bounties too?
The bonding curve model means: INCREASE supply = INCREASE price, so the $SGR will never suffer any deflationary model in the future?
The Sögur cryptocurrency is a Stable growing currency, but isn’t a STABLECOIN right?, so considering the huge amount of confused persons, can you explain what are the differences between stable growing coin and a Stablecoin?
What are the financial strategies used in Sögur to control and diminish volatility in its token? How reduced volatility actually is?
Let’s admit it, with cryptocurrencies volatility is part of the fun (of course being a good trader) with that feature out, hoe is Sögur still interesting for traders and investors? How do them earn revenues?
What is the empty space in the Decentralized Finance that Sögur was created to fill, and what is the role of the community in it?
Could you elaborate more about Bonding Curve Model? What is it true function in Sogur network? How does Bonding Curve Model become useful to your ecosystem? Thank you!
Can you explain how does Sogur voting system works? What is the purpose of voting? Can you also explain more about Democonomy Voting mechanism? Thank you
Why does Sogur called to be an evolution of money? Do you think Sogur will be like USDT in the future?
Sögur reduces volatility and also rewards holders for the risk involved. All that is positive for the community but how is this sustainable for the platform? How does Sögur get funds to sustain itself?
What is the meaning of the name Sögur? The ö is very atypical, what is its original language and the significance for that culture?
Sögurt is similar to yogürt. Do you like this reference? Has anybody confused the names?
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 your project?
Can you tell us what are the main benefits of a $SGR Token holder? For investment purposes, why do we have to invest in $SGR & what benefits does $SGR give to holders?
The formation of the Assembly of Participants took place earlier than planned. For what purposes was this undertaken and has it yielded positive results for the community?
What is the credit side of Sögur? Do you lend SGR only to your community? What are the minimum requirements and what are the deadlines?
really one of the most volatile currencies is the BTC, many projects have proposed to control them with various smart contracts or with the utility of minitokens, but how do you know that with the stability mechanism you can control the value of them?
Does Sogür really plan to use in all projects (if possible), the stability mechanism that he has developed? Or can they only be used in those that have some special characteristics?
One of the peculiarities of the cryptocurrency market is its VOLATILITY, which can be both beneficial and detrimental. If Sogür is in charge of minimizing the risks of a market decline, then the probability that it has an upward trend is very low, right? not lose the appeal?
I understand that the SGR tokens has a backup fund that could sustain it in any market downturn such as the one suffered by Covid-19, but in the same way they place restrictions on user withdrawals to avoid a market downturn as a preventive measure?
What is Risk-Reward ratio of holding Sogur and its stability mechanisms to tame volatility?
Sögur was formerly known as Saga, the global digital currency, what is the reason behind the rebranding of its name?
What made you believe that Sogur could become a global currency and what are sogur plans to attract more users in the future?
I learn from your Twitter that the founder of Sogur Currency (SGR) – Mr Ido Sadeh Man was also founder from SAGA project ($SGA), is SAGA have connection with Sogur Currency? or SAGA was your previous project and why did it change into Sogur Currency?
What is the difference of these 2 tokens, $SGA and $SGR? What are their main use cases?
I Found statement from your website,
“Sögur is the first of its kind, combining stablecoins features with potentially volatile crypto asset features”,
How does it work ? does it mean combine these two features so that can create price stability for $SGR tokens?
Its difficult for now if people want to borrow crypto assets, For Example 1 BTC that worth $1000 at the time borrowing, it could worth $13000 if you payback now.How does Sogur Currency aim manage this problem with it lending instrument?
why sogur requires anyone who purchases or sells SGR to or from sogur’s smart contract to first undergo know you customer ( KYC ) and anti money laundering (AML) ?
To become a “global currency” of course a coin/token must have a stable value. how do you make the $SGR value stable?
Your information is complete on the site, but what I’m curious about is your roadmap, can you talk a little bit about it? What will happen later this year and in 2021?
Why did you decide to change the project name from Saga (SGA) to Sogur (SGU)? How does changing your name and token affect your image?
Can you tell us about the tokenomics of $SGR token ? Can I staking $SGR to earn extra income?
What is the relationship between Saga Genesis Tokens and $ SGR?
What is Sögur’s business model? How are other similar projects different from business models?
Sögur also launched the Saga Genesis Token (SGN) while already having SGR tokens, Why did you need 2 tokens on 1 platform? Are the usage purposes of Sgr and Sgn different?
Which mechanism is the Rate and Price Adjustment adjusted? What is the function of the Sögur smart contract?
What is your strategy created to eliminate the difficulties that arise in your project to achieve the goal?
Why did Saga change its name to Sogur? What outstanding developments has Sugur made after changing his name?
Decentralized governance solutions do not provide a viable response, how did Sogur deal with this challenge? How does the Sogur owl development work?
What caused the rebranding? Why did the popular SAGA suddenly become Sögur? And do you still have a partnership with the Celsius Network?
Have you audited your smart contract for efficiency and security?
On your media channels it’s stated that Sögur is designed to hedge against volatility risks. Can you please tell us more about the mechanisms you’ve implemented to protect investors from this issue?
Sogur seeks to be better than stable coin, why does sogur seek their monetory model to the SDR by IMF ? is the sogur smart contract permissionless, will sogur able to block or blacklist any funds in the sogur smart contract ?
currently Sogur only exists on the ethereum platform, is there any plans to list this on other platform like tron, binance smart chain, cosmos or others ? Will the upcoming eth2.0 have any effect on the Sogur platform ?
sogur is quite a sucessful project with many CEX listing it, what’s the plan to increase the user base ? Is there any plan to integrate it to other wallet apps or aggregrator apps like zapper or zerion ?
You have different audits which gives feeling of trust for us traders. Any new step will bring any new audits?
sogur exists on the ethereum network which is anonymous, how does sogur ensure it can comply with Anti-Money Laundering and Counter-Terrorism Financing? how is board of director of the Sogur UK company elected ?
An important management step is ahead in November – SGR holders will be able to disband the existing Sogur board. What do you expect from this vote? Will this governance model remain in the future?
SGN is a token owned by Sogur’s investors, team, and advisors. Is there a system of checks and balances to ensure that SGN token holders can never control the project?
How does the elastic money supply model help create a stability mechanism to reduce volatility? What will happen to the SGR price if the economy does not grow for a long time?
The SDR collateral includes the 5 most traded currencies – USD, EUR, GBP, CNY, JPY. Which banks are these currencies stored in? And have you performed audits by third parties?
How does Sögur apply the binding curve model and what role does this model play in determining the risk-reward ratio to achieve independent value growth?
What does Sögur feel about the importance of community decisions in the management and voting system, and how will your governance system implement community decisions in the future?
Please explain the reservation model in simple language. With an increase in capitalization, the reservation falls, if at 1m the reservation =100%, then at 1T = less than 20%. What does this mean in reality that large-capitalization is bad for investors since not all tokens are provided with currency reserves?
How do you evaluate the words of Financial Times bureau chief Martin Arnold, one of the most respected media outlets in the world, for Sögur that could bring important lessons to Facebook’s plan to launch Libra as a digital currency for the masses? Can Sögur lead in this matter?
How voting on important issues is protected from malicious use of votes. For example, I’m a competitor and I want to cause harm. I am gradually buying up SGR and when I have a weight of 51% I will be able to change the rules in your monetary and reserve policy. How can you protect the system from such actions?
How do you plan to make SGR a balanced store of value within 1-3 years?
Sogur is a complex project. Are you planning to create educational materials so that more people understand your goals and vision?
Uniswap has a DAI-SGR trading pair. Are you planning to list on centralized exchanges and what new collaborations with Defi are you planning?
You call the SGA a stabilized coin. I read that the value of the coin is pegged to the SDR. How does the smart contract interact with the banking system? Where can I see the auditors’ report and do you have a fiat gateway?
The main difference between fiat money and cryptocurrency is trust. Everyone understands that the dollar is the world currency and its use is beyond doubt. My question is, how do you establish trust between people for mass adoption and use of SGR?
Can I use SDR as a hedging tool in a volatile cryptocurrency market? What advantages does SDR have over stablecoins?
What change in the digital currency are going to make by using sogur currency,is it an next level upgrade to didgital currency?
How does sogur currency going to involve the thoughts of the people in change to the community decision?
Marketing and developing community has the great task every project faces,even sogur finance has recently started the telegram community.can you plz share how are team going to manage these sort of things?
What opportunities does a sovereign participant have in the Sögur governance model?
What are the key features/advantages that will allow Sögur to stand well above its competitors? That is, if you had a list of pros in mind related to your project, which would you say are definitely your main competitive advantages?
What is the difference between the bond curve model and the stabilization mechanisms that Sögur uses? What are the benefits of each separately? How do you make the Sögur system self-sustaining?
What are Sögur current main plans for the crypto market? What stage are you in the market for at the moment? How did the team handle some of the market difficulties and challenges to meet market demands when building a project?
Staking and mining are very popular nowadays as an incentive for crypto traders and investors, does #Sogur support staking and mining and what are the terms and benefits?
What is specific about Sogur’s technology and products that you believe will succeed? How revenue does Sogur generate and what plans do you have to attract more users in the near future?
All we know that collaborations in industry is very crucial in order to survive and dominate in long term. What kind of collaborations/Cooperations have been made by @sogurcurrency?
Liquidity, transaction fees and security are always important factors in financial services. How does Sogur Currency solve the above problems to attract users and expand the market?
One of Sögur’s most interesting features is related to the price value & interest rebalance/correction mechanism. Could you please explain how does this work? That is, how is that implemented with the smart contract?
How has Sögur intelligently configured its stability mechanisms to tame volatility, so that the risk of value loss is partially compensated without losing the potential for value growth? What strategies have you used?
Now the Assembly is being formed, which is responsible for the election and dissolution of the Executive Council. All this is done through voting. What data is used for voting on the members of the Executive Board? As a voter who doesn’t know the person personally, should I trust information provided by an unknown source? Or information about applicants to the Executive Board is provided by an independent Bureau