We are pleased to announce our next AMA on October 27th 2020 at 09:00 PM UTC Time: Satoshi Club x Vanilla Network
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Vanilla Network Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 80 seconds. You can post Max 5 questions. Vanilla Network Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Vanilla Network
For more details:
Vanilla Network – @Vanillafinance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Will there are some token burn in any time to pump the price that anyone can invest init
What is Vanilla Network and why do you call it Community built deflationary and staking token?
As the name mentioned vanila is it make happy or sad who buy vanila for freeze(staking)?
Your Presale 1st round was sold out in 24 hours. How to take part in your Presale Final round which starts 28th October 00.00 UTC? Will the token list immediately after this round or there will be more rounds?
The vanilla Network also a betting token. How Does it work actually?
Why is the transaction fee for using Vanilla so high, for instance a $1000 transaction would take $50 as fee in addition to Gas fees. Isn’t 5% too high?
Vanilla Roadmap streamlines potential Staking Platform in Nov 2020, Uniswap listing in Nov 2020, Gaming and Betting dApps in December 2020 and New dApps in Q1 2021. Can you update us regarding the latest status of these milestones and how these Vanilla based dApps will prove to be an attraction to users in times of DeFi Farming? Will the New dApps have features relating to DeFi and NFTs?
How would you ensure that your lottery and betting games are fair so that people won’t feel cheated and cheating would not be possible?
I read on your website that The Vanilla coin itself is a deflationary coin with a transaction cost of 5%. Why the fees is charged comparatively higher and how your deflationary coin model works charging such high fees. Also what about the small transactions and its benefits?
How yours deflationary mechanism works? With a limited supply, is it limited?
From your website, it says “The Vanilla Network was created by investors and holders of a previous project”. Does this mean that those who created the Vanilla Network are investors of a project that later pulled the rug or what really happened to the project that made these investors think of creating their own Network?
I understand that winners of bets and games are being rewarded from your community fund. In a situation where there are several winners and the fund runs low, how would winners be paid?
What are you preparing to face the development of this new technology flooding the token market in the future? and what technology will you create for competition and suppressing fraudulent products from quality products of vanilla token?
2.5% of every transaction is immediately burned of vanila coin. What is the maximum coins to be burned from total supply?2.5% is paid to stakeholders then how is the funds raised from 5% transaction fee for payouts of blackjack and poker or betting games
I read in the website, i can unstake vanilla token whenever i want. My question is, do we have to pay a fee to unstake vanilla token? Is there a minimum or maximum duration required to staking our vanilla token?
Vanilla pre-sale will Start after few hour’s. And It will Start on your website. But recently Your website face a problem for DDoS attack. Tell me about present conditions of your website. Do you have any Extra security pattern? Because if it will hack after start pre-sale, then you know what will happen with investors. So what plan do you have for this violence?
When I first heard about the Vanilla Network, I thought it was another food meme that had to do with the famous Vanilla cream/flavor where all Vanilla lovers would stake/hold Vanilla. But all I can see from the platform is lottery/bet/poker. What has the famous Vanilla got to do with your platform and why do you think the name should be used for the platform?
For lottery participation what is the price of ticket and number of tickets I can purchase?also does winner needs to comply the windfall gain rules and regulations?
What was the motivation of previous project that Vanilla founders created? It was also game based or different one?
Full strategy will be based on games? So, how do you give secure feeling to the player in multiple games that he / she is not against to people who are colleagues and has full chance over the player?
You have Vanilla Community Fund built in your network for long-term stakers. What part of fees stored in VCF? Is only staking long-term sufficient for benefiting from VCF or are there any other conditions? And based on what criteria will the rewards from VCF be distributed?
ICO is just before the ama . I am curious to know the reason for it.
Do you only have gambling or betting kind of games in Vanilla Network, if yes are you planning to add other types of games in the future which will catch considerable attraction?
The topic of gambling is very slippery. Explain how it will be. Are these daps built on your network? That is, there will be smart contracts and we can check how fair the game is?
How much money did you collect in the 1st round of pre-sale? How successful was the start of the ICO?
From when does vanilla coin become deflationary? Will this happen after the launch of the main network? That is, the percentage of transactions will be received by the nodes? Or is the burning already in progress?
Are you positioning yourself as a platform for gaming daps? Are you going to work only in this direction?
Vanilla token has utility also for the project governance?
The whitepaper says “When Vanilla is purchased a 5% transaction fee is charged. Half of this fee goes to our stakeholders. The other half is automatically burned”. Instead of burning half of the transaction fee, why can’t you just make the transaction fee 2.5% to make it cheaper?
When this ama will end then Vanilla Pre-sale will Start. Why you choose this time for ama with Satoshi club? You need investors from Satoshi club right? . But why Satoshi clubians trust your project? Lot of project rugged after their pre-sale end. So, why are we believe you?
ETH blockchain is very slow, high fees. So why did you build on the ETH blockchain? What is the main reason for building it on Ethereum blockchain rather than building it on BEP- 20/ TRC- 20?
Can you explain how the Vanilla Network lottery system would operate, What will the amount of possible winnings and lottery frequency be based on, and can anyone participate or some criteria needs to be met to participate?
Will VCF funds be audited regularly to ensure that they will be fully allocated to long-term stake holders?
I believe that the mistakes of the past have been taken into account and will not be repeated again. But still I want to know what are the conditions for old members? Have they received some benefits or are they already the owners of tokens?
I don’t want to create fud but as a investor your website faced a DDoS attack recently just before sale .Please ensure us on its security and update us about it what is truth
I can unstake whenever I want. So, what happens when I unstake on a random day? Will I take any rewards for the past period, if yes how is it calculated?
How do you plan to replenish the VCF fund?After all, not small funds will be needed to ensure payments.
You have a plan for Vanilla to be listed on CEXs. When should we expect that? And are there any prior exchanges that you focus?
One interesting plan you have is the Vanilla community Head-to-Head bets; such as betting on an outcome at a large sporting event or on a price prediction of an altcoin can you explain about this, how will it be implemented will this be done on your website, a mobile application or your telegram community
The rewards will always be in Vanilla token, or can it be, for example, in stablecoins?
The premise of this project is to produce award winning staking and betting decentralized applications (dApps) that appeal to all betting enthusiasts and those seeking rewards for long-term participation… Which is quite similar to what other betting projects are doing how do you intend to achieve your goals of not just producing Betting dApps but award winning ones, are you working with other projects to achieve this
About the lottery, how will be the winner determined? Will you has developed some software/mechanism for that or it will use some 3rd party program to select the winners?
– The vanilla Network team worked on a project previously, but it was not successful. Why will Vanilla be successful? Did you learn from past mistakes?
Can you tell about the Mint and Chocolate staking option pools please? What are the differences, which one should be prefered when?
– A cost of 5% for each transaction is one of the highest, do you expect people to simply not move their money? Does that 5% also apply to the purchase of tokens?
This is the First time I see a project wanting to implement a Double or Nothing staking rewards where users either double their daily staking rewards or lose them all how will this work and why do you intend to implement such a staking strategy with an option of users losing all their staking rewards
What was the biggest mistake that you have made on your previous project ?
Can you tell us what are the main benefits of a $VANILLA Token holder? For investment purposes, why do we have to invest in $VANILLA & what benefits does $VANILLA give to holders?
What are main differences, advantegous points between Mint and Chocolate options?
I know you were Myx investor and that you wanted to help out fellow investors who lost a lot when they bought myx. I was a myx investor so thank you! But, Are you not scared that people will think that you will leave the project hanging too just like what myx did?
Why were there only 200,000 vanilla tokens available for the myx swap. Will there be a second round of myx swaps in the future?
What are the strengths and weaknesses of this project? Can you list 1–3 killer features of Vanilla Network that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about?