Month: October 2020

«An investment in knowledge always pays the best interest.» (с) Benjamin Franklin. Satoshi Club fully supports this idea. Today we would like to tell about the AMA session with our friends from Earneo. The AMA took place on October 03 and our guest was @d4lvl13n .

Total Reward pool: $1000 (750$ RNO+250$ BNB)

In this AMA Recap we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram & Bitcointalk community

Serg | Satoshi Club: @d4lvl13n welcome 🙂

Luis Merino 🇪🇸 | Satoshi Club: Hello Satoshi Club! Welcome to another AMA session. Today we have Earneo with us 🙂 Welcome on board @d4lvl13n

Gold Rocket | Satoshi Club: Hi everyone, welcome to another episode of our AMA series. Our AMA today is with Earneo.

Dam: Hello there.🙂 Thanks for having me in your community. It is a great pleasure to be here today. 🙂

Gold Rocket | Satoshi Club: Please tell us a little about yourself. How did you develop in crypto. And also about your project. What is Earneo?

Dam: Sure. I am truly passionate about technology and blockchain technology, business and management in particular. I’ve started my career by working in IT, mostly web development and web applications. I’ve spent my last few years working on several blockchain and cryptocurrency projects.

Luis Merino | Satoshi Club: Sounds good! How did you start with Earneo?

Dam: In 2017, we decided to develop a platform to allow users to upload videos and be rewarded in crypto. Over time our idea has matured. We realized that there was a huge demand for small content creator who has some issue to get monetized on Youtube.We therefore decided to focus on a system just to compensate for the unfair Youtube system. So on our platform, content creators will be able to be paid for their first videos. But also….Viewers.Our DNA, is blockchain and crypto, so we want to take advantage of this technology to create a platform, where everyone will be rewarded.

– Content creators

– Moderators

– Viewers

Luis Merino 🇪🇸 | Satoshi Club: Love the idea! We all know someone that dreamed with being a content creator but never reached it 🙂

Luis Merino 🇪🇸 | Satoshi Club: That’s amazing Dam. 👏I’ll be a viewer as soon as the AMA finishes 😉

Dam: With us, your dream come true. (soon)

Gold Rocket | Satoshi Club: What meaning do you put into this name – Earneo

Dam: We went from Snapparazzi to Earneo last year. We wanted to focus on the content creator and our fair reward system, we decided to, First have a shorter name, and two, more focused on the fact that everyone is able to earn on Earneo.

Link https://medium.com/@earneo/meet-earneo-the-rebranded-snapparazzi-ef12536a8a53

Q1 from bitcointalk user justgata @justgata on Telegram

Today advertising is present on any platform. Does Earneo’s platform have advertising that can help content creators increase their profits? Are viewers limited to the maximum number of viewing hours or the maximum amount of earnings they can make?

Dam: Today online advertising represents a huge market. We all know how big is Youtube revenue … Content creators have to invest a lot of time just to make a 10 minute video. It’s hard to convince them to come to a platform where they won’t at least earn what they earn on Youtube. In order to provide content creators with an interesting source of income, Earneo will offer advertising. The big difference will be the advertising revenues will be shared among all users.

Content creators will earn 65%

Moderators will earn 3%

and viewers will earn 20%

This is our main difference with other platform. The ads revenue will be share among all the users.

Luis Merino 🇪🇸 | Satoshi Club: And the other 12% goes for the team?

Dam: The other 12% will be the revenue for Earneo, to continue the development of the platform yes. However, we will use a part of this revenue to ….it is a surprise 🙂

Q2 from bitcointalk user k.muller @whoosylady on Telegram

We can earn RNO when we create content. What if I upload thousands of video with nothing just to earn RNO? who controls that? How else can we earn RNO

Dam: First of all, there will be a moderation system empowered by the community. Meaning, every videos will have to pass the moderation system which is moderated by the moderators selected among the community. If the videos are empty. They will not pass the moderation, and therefore won’t be live. This moderations system will be like a validation of a Bitcoin transaction. A certain amount of moderators will need to approve the content before it becomes public. Thoses moderators as said previously, will share 3% of the revenues generated by the ads.

Luis Merino 🇪🇸 | Satoshi Club: How do you choose the moderators?

Dam: This system prevents the use of robots to upload videos. And we also believe that the incentive for moderators will make it possible to make public only videos with content that follows the guidelines. When the system will be fully operationnel (in internal test at the moment) We will open the registration to apply as a moderator.

Indeed, Everyone will be welcome to apply and join us. In the future we want Earneo Tube driven only by the community.

Luis Merino 🇪🇸 | Satoshi Club: Any approximate date?

Dam: We expect to be ready before end of the year.

Dam: And the monetization will start as well before end of the year. (sooner actually.)

Luis Merino 🇪🇸 | Satoshi Club: Will you apply voting systems for your token holders?

Dam: Yes. 🙂

Gold Rocket | Satoshi Club: Are you planning an app for IOS and Android?

Dam: Our first IOS app, is already available in the Appstore. Our Android app will be available next week end. We were supposed to release it this week end, but….we have delayed to next week

Next week end, will be live.

– Android app

– An update of our IOS version that correct some issues of the first version 😉

Q3 from Telegram user @kany_west

You mentioned that the value of the token will rise because you are buying it back from the revenue from ads. What is the current revenue from the ads and how much did you buy back? Is it sufficient to rise the price?

Dam: Actually our main issue with the Mobile app, is to be compliant with the Appstore policy linked to crypto currencies and the Playstore new rules – Which will be the same as Apple in 2021… Regarding the token, you need to fully understand how our reward system will works. Our token RNO based on Binance Chain, will be used to reward all users. But we will not mint any new token. We have to use the token which are already available.

Advertisers will pay Earneo in Fiat currency like Dollar or Euro, as we do not believe that they will want to buy RNO or others crypto to pay the advertisement, we are too early for that. The income coming from the advertisers, will be used to rebuy RNO on the market, and reward the users.

Luis Merino 🇪🇸 | Satoshi Club: How many different Fiat currencies do you currently support?

Dam: Let’s say on one month we have $ 100k of income from advertisement. We will proceed to a $ 88k of buyback on the market. Whatever the RNO price. This system will increase the liquidity of our token, and therefore, the price. When the monetisation will start we will be able to support all major fiat currency. We have actually company register in UK, USA and in Dubai. This is the only way to allow users to earn token that keeps a value. If we were minting token to reward users, everyone will sell it, and there will be no attraction for the investor to buy it. This also create a kind of scarcity for our token. More users, more ads, more buyback…

Gold Rocket | Satoshi Club:When Ads Earneo decentralize marketplace?

Dam Shoot it?We are in discussion with a blockchain company that have already build a Ads Dex marketplace. We are looking to integrate, as a white label, their solution. We plan to launch the Ads marketplace in 2021. This will allow us to have an ads system similar to what Brave is doing with BAT. We are very excited about it. This system will coexist with the normal ads provided by a third party. 😉

Luis Merino 🇪🇸 | Satoshi Club: What’s the token supply?

Dam: RNO total supply is 650m. With no minting function…but a burn one 😉

Q4 from Telegram Username @Winterko

Content creators get 65% profit from their content, what is the other 35% for? Do you have an estimate of how much money a constant content creator can generate? Will it be as profitable as Youtube?

Luis Merino 🇪🇸 | Satoshi Club: Partially covered 🙂

Dam: The revenue sharing has been shared before. I will just add some informations there. For the same amount of views on Youtube and on Earneo tube, a content creators could earn between 15 and 30% more on Earneo.

Dam: The main reason is that Youtube use Google AdSense which is not the most interesting in the industry. We will use a ads provider that offer a better CPM/CPC than Ytbe

Dam: Also as we will reward the viewers, our CTR – Ratio that users click on an ads – Will be way higher than on Youtube. Brave for exemple that reward user to watch their ads, as a CTR 3 times higher than the average in the industry. We believe that we will reach the same level. We are all watching ads everyday. Earneo will reward you to the time spend watching ads 😉

Gold Rocket | Satoshi Club: Can you name who is it?

Dam: No unfortunately we can’t. But there is 4-5 major ads provider in the area 😉

Gold Rocket | Satoshi Club: I will dilute your conversation about money. Do you consider tik tok to be your competitor?

Dam: Not really, the format of videos on TikTok is different. TikTok can be a funnel for content creators to promote their content uploaded on Earneo. TikTok is a massive success. But we need to remind people that they are here since almost a decade 😉

Gold Rocket | Satoshi Club: don“t forget to come to us again and inform Satoshi Club about it

Dam: I see numerous people from your community join our Telegram, I hope they will stay and spread the word about Earneo in your community 😉

Q5 from Telegram Username @endtimeprophet

The most annoying thing using conventional centralized platforms is ANNOYING ADS, does EARNEO also help us against annoying ads and what’s your Comparative advantages over traditional solutions

Dam Our business model is based on Ads as said before, therefore ads will be on Earneo. However, for users that will want to use Earneo app and Earneo tube without Ads will be able to do so. Use Earneo without ads will be possibe, but indeed, no reward will be allocated. As again, all our reward come from the revenue from the Ads. We are open to any suggestions coming from the community. We build the platform for the users, we are open to feedback to improve our model, and we will.

Luis Merino 🇪🇸 | Satoshi Club: Looking forward to that votings for token holders 🙂

Dam: I hope we will see you very soon on Earneo

Q6 from Telegram Username @KathDM

One of the main limitations of YouTube and which many YouTubers complain about is censorship. Are there any restricted or prohibited topics on the Earneo platform?

Dam: Yes we will have some restrictions. We unfortunately cannot let any type of content on the platform. Adult content, Harmful content will be prohibited.

Luis Merino 🇪🇸 | Satoshi Club: And that videos will be banned by moderators, right?

Dam: We know that Youtube is doing a big censure regarding crypto content creators, and indeed, they will be very welcome on our platform 👍

In mid term, we will launch a kinf of “fork” of Earneo.tube .Which will be totally on the blockchain, Storage, domain name…The idea behind this is that this will be only controlled by the community, and powered by the Ads decentralized market place. There we will not be able to restrict any content. It will be only by the will of the community. However a model like this, is complicated to make it business ready, as advertisers do not want their product on a platform where you can find any type of content…Earneo.Tube will be censorship resistant, but will have a guideline to protect all users. I hope i have reply to this question 🙂

Part 2 — live questions from the Telegram community

$200/10 users – Open chat for 80 seconds. You can post Max 3 questions. Earneo Team will select 10 questions and answer them.

Q1 from Telegram User @Cryptogirl01

How do you convince the community using earneo? What are your expectations from the community.

Dam We are a community driven project, we want to offers to all users a way to enjoy videos content and get rewarded for that. We believe that the community will embrace Earneo vision, and will be delighted to watch their favourites content on a platform more fair. We believe that the Ads revenue should be share among everyone.

Q2 from Telegram User @JoxesXIII

If viewers make money, what then is Earneo’s business model in correlation with its sustainability and perspective in the long term?

Dam: Earneo will keep 12% of the ads revenue to cover the expenses and to maintain the platform. For a video sharing platform, the biggest cost is the storage of videos. Youtube does not have this problem as they use Google. By using IPFS to store videos and in the future a blockchain storage solution we will be able to reduce the biggest cost for this kind of platform.

Q3 from Telegram User @Nickkiii

I’m new to Earneo, being using YouTube to post my food contents for a while, and would love to try out your platform to post my food content, Any guide on how to use Earneo to create Video Content or is the same process as creating videos on YouTube

Dam: You are very welcome to upload your content on Earneo ! We have made the process as simple as on Youtube. You can even just paste your YouTube link, and it will be displayed on Earneo 😉

Q4 from Telegram User @yzmoney

How do you expect to compete against other video streaming sites ? will you be considering to pay for content producer to upload exclusively to your site only ?

We do not have Streaming function right now. So we do not have competitor in this field. 😉 However we will integrate Streaming in the future. We believe that it will be better for us, to be partner with a project that are already focus on streaming but not on videos sharing in order to build a strong partnership for both project.

Q5 from Telegram User @alluzold

Many music or video platform use an algorithm to make someone’s content getting on the top of table to reach many viewers. Actually, this can kill the small content creator. What do you think about it? Are Earneo do the same?

Dam: We want to be a fair video platform, and we are very aware about the issue that encounter the small content creators. We are building Earneo to offer them am opportunity that they could not find elsewhere anymore.

Q6 from Telegram User @Michelth

First video project like Earneo that I notice has been based on the blockchain to make a fair profit for both parties, but how do they do with the security and customer data?

Dam: Regarding the Data, we are only taking information to register your account, like email. You will be able to choose which data you want to share with us. Also, we will integrate a 3rd party blockchain ID registration which will allow users to be anonymous on the platform, and still being able to be rewarded, thanks to the power of the blockchain and smart contracts.

Q7 from Telegram User @Rivaills14

Can you share $RNO opinion on DeFi ? What steps are already being taken towards the future progress of $RNO ?

Dam: RNO is not a DeFi token, neither Earneo a DeFi project. However, in early 2019, we have introduced a bonus system with our previous token. We are actually working on a stacking system for RNO that will use some ideas coming from the DeFi space. We have been among the first to introduce stacking, we believe we are able to be among the first to offer a new kind of stacking. Thanks to the new launch of Binance Smart Chain, this offers us plenty of solutions for doing so.

Q8 from Telegram User @katie1508

What is your top 3 things for priorities in 2020?

Dam:

– Launch our mobile apps (soon)

– Activate the monetization on Earneo tube.

– Attract users on the platform.

Q9 from Telegram User @chunhocxitrum

Why do you choose to build RNO token based on Binance chain instead of other chains?

Dam: We have decided to operate the swap on the Binance chain, as our token will be used a lot on the platform. Ethereum despite its fantastic technology, is not ready yet a blockchain scalable. We have all witnessed recently the crazy fees to interact with Ethereum. Binance Chain is faster and way more affordable to use. Also being a part of the Binance eco system is for us a way to bring awareness around Earneo.

Q10 from Telegram User @Mdtanbir

Many new projects made a good impression at first but were suddenly abandoned. How will you manage the project and token to gain a place in the market and become a best token in the blockchain world?

Dam: We are in the crypto ecosystem since early 2018. We are born in a bear market, and still we are here, with RNO listed on 3 exchanges, Earneo Tube open, and our IOS app available.

We are here to stay. 😉

Part 3– Quiz Results

In the final part we tested your knowledge in terms of Earneo. They’ve prepared 4 questions for this part. The total reward pool for quiz was 600$.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru

Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclubWebsite: https://esatoshi.club/

Our partners:

🛰️Social Media

https://www.medium.com/@earneo

Tweets by EarneoDapp

https://facebook.com/earneodapp/

🌏Website

https://www.earneo.io

https://www.earneo.tube

Download our app

https://apps.apple.com/us/app/earneo/id1518037604

RNO is available for trading on :

http://bit.ly/RNO-P2PB2B

http://bit.ly/RNO-Bitmart

http://bit.ly/RNO-CoinTiger

We are pleased to announce our next AMA on October 9th 2020 at 02:00 PM UTC Time: Satoshi Club x Odinala Network

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Odinala 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. 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: 100$/10 users – Open chat for 80 seconds. You can post Max 5 questions. Odinala Network Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Odinala Network

For more details:
Odinala Network – @OdinalaNetwork
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on October 9th 2020 at 04:30 PM UTC Time: Satoshi Club x APY.Finance

⚠️Click to see the hour
⚠️Total Reward pool: $800

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join APY.Finance 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 Bitcointalk thread.

Part 2: 150$/10 users – Open chat for 80 seconds. You can post Max 5 questions. APY.Finance Team will select 10 questions and answer them.

Part 3: 500$ – A quiz about APY.Finance

For more details:
APY.Finance – @apyfinancechat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on October 8th 2020 at 04:00 PM UTC Time: Satoshi Club x Plutus

⚠️Click to see the hour
⚠️Total Reward pool: $1500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Plutus Telegram group

We will have the following structure:

Part 1: 350$ /12 users – We’ll select 12 questions from the community. A user can post maximum 3 questions. 9 Questions will be selected from our website – please submit your questions in the comments section of this post. 3 Question will be selected from Bitcointalk thread.

Part 2: 350$/15 users – Open chat for 80 seconds. You can post Max 5 questions. Plutus Team will select 15 questions and answer them.

Part 3: 800$ – A quiz about Plutus

For more details:
Plutus – @plutus_group
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on October 7th 2020 at 04:00 PM UTC Time: Satoshi Club x Kittiefight

⚠️Click to see the hour
⚠️Total Reward pool: 1300$

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Kittiefight Telegram group

We will have the following structure:

Part 1: 300$ /12 users – We’ll select 12 questions from the community. A user can post maximum 3 questions. 9 Questions will be selected from our website – please submit your questions in the comments section of this post. 3 Question will be selected from Bitcointalk thread.

Part 2: 300$/15 users – Open chat for 80 seconds. You can post Max 5 questions. Kittiefight Team will select 15 questions and answer them.

Part 3: 700$ – A quiz about Kittiefight

For more details:
Kittiefight – @KittieFIGHT_DeFi
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on October 7th 2020 at 12:00 PM UTC Time: Satoshi Club x ZeroSwap

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join ZeroSwap 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. 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: 100$/10 users – Open chat for 80 seconds. You can post Max 5 questions. ZeroSwap Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about ZeroSwap

For more details:
ZeroSwap – @zeroswap
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Pleasure in the job puts perfection in the work, Aristotle said. And you can feel this perfection in project which we have for the following AMA session. Today we would like to tell you about the AMA session with our friends from ChartEX. The AMA took place on October 03 and our guest was @blockminded.

The total reward pool was 500$ and has been splitted in 3 parts.

In this AMA Recap we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram&Bitcointalk community

Mary | Satoshi Club: Good afternoon, Satoshi Club! Today we are happy to announce our AMA with ChartEx! Welcome to Satoshi Club :grinning:

Blockminded – ChartEx: Thank you for your warm welcome!

D. | Satoshi Club: hello Satoshi club! @blockminded hello! welcome!

Serg | Satoshi Club: Welcome to Satoshi Club 🙂

Mary | Satoshi Club: Please, tell us a bit about yourself and about your project) how this excellent idea was born)

Blockminded – ChartEx: I’m a software engineer by background, and I’ve always had an interest in data, how the underlying markets work and seeing whether there’s any way to identify opportunities for this. TA, whilst partly skill of recognising things by eye is also about maths and data too, so late in 2017 I looked to better understand markets that were not featured on the larger platforms like TradingView, and the precursors to ChartEx were born in the form of a chart bot for Discord

TradingView in 2017 supported Bitstamp and perhaps a few other large exchanges, but there was very little coverage of the emerging competitors – Kucoin, Binance etc. which were gaining huge popularity with their users, so I set to understanding their APIs and trying to chart these

and in early 2019 ChartEx itself was born, and was one of the only places you could chart Binance, Kucoin, Bitmax and a few others.

Into 2020 of course Uniswap took off in a huge way, but unlike those big centralised exchanges with robust APIs to collect data, nothing existed for Uniswap aside from scraping raw trade information either on-chain or through some smaller API providers and so ChartEx became one of the first providers to introduce Uniswap charts.

by accident, an influencer – CryptoMessiah tweeted about having discovered this amazing place to chart Defi coins, and just like that, my servers imploded under the demand. which really did set the course for where we are today – we had to scale, adapt and improve to support the huge number of visitors we now cater for.

that’s the backstory of ChartEx, is there anything more you’d like to cover in the introduction?

D. | Satoshi Club: great introduction thank you!

Mary | Satoshi Club: Thank you, it’s clear and i really interested in your answers to the questions from our community)

Blockminded – ChartEx: Great!

Q1 from bitcointalk user let098765 @jobel4 on Telegram

Honestly I can’t understand the chart of Chartex so can you simply explain the chart of Chartex? Do you have any tutorial video or guidelines on how to use Chartex? Do you also plan to launch mobile application version for Chartex, for easy use of your platform?

Blockminded – ChartEx: OK, so this is a very interesting question. ChartEx is very much geared towards those already comfortable using TradingView, which is the industry leader in charting, so if you can use TradingView, you can use ChartEx – that being said, we are seeing a lot of new users finding Defi for the first time that have not ever seen TradingView or used it, so we’re working on some introductory content for this which will cover the basics – it won’t necessarily teach you Technical Analysis, but will outline the tools and how you could use them.

D. | Satoshi Club: would be cool to have a guide about how to use all these tools:eyes:

Mary | Satoshi Club: Yes, for example i can only see this picture, but i don’t know how to find this)

Blockminded – ChartEx: There’s also a lot of traders who use ChartEx on their own live streams, last week, CryptoWendo, an influencer on twitter and Youtube spent a lot of time running through Defi coins using ChartEx charts, so there’s a lot to be learnt from this. With respect to the top movers, that’s currently not available to the public, I produce these daily on Twitter to give a recap of the events of the day, but the API that powers this will be opened up to the public in the coming quarter – and this will not only allow you to see these yourself, but make your own interesting interpretations of our data

Mary | Satoshi Club: Thank you, now i am quiet and patiently waiting for your updates)))

Blockminded – ChartEx: finally, with respect to the mobile application – it’s in active development but it’s not our top priority at the moment, there’s some early user interface screenshots I can share but we don’t have a firm delivery date on this – especially as the Apple App Store for example has quite stringent regulation around applications serving crypto and defi for example

this is an early preview of some of the function the mobile app will have

D. | Satoshi Club: very informative answer @blockminded thank you

Mary | Satoshi Club: It looks sweet))) hope to see this charts on my phone soon)

Q2 from bitcointalk user juanes @juaniss on Telegram

I have read that saving and loading charts is one of the most popular feature on your platform. But I didn’t quite understand what is its feature, how does it work?

Blockminded – ChartEx: there’s nothing more frustrating than closing a tab on your browser and losing the chart you’d spent a lot of time working out support and resistance levels, identifying trendlines and perhaps looking at the output of the indicators you might use for technical analysis. this in itself requires more infrastructure and a way of users being able to identify themselves

Mary | Satoshi Club: That’s true 🤣

Blockminded – ChartEx: so our next major release that will be exclusive to CHART token holders will be the means to save your progress and retrieve your charts at any time using a very simple wallet-based login. so anywhere you have Metamask (and other Web3 compatible wallets) you’ll be able to log in and retrieve your work in progress.

for some who just want to see a quick chart and move on, this won’t be a huge deal, but for some who spend hours in front of charts, with 20 tabs across a handful of screens for example, this is a huge deal for them!

Mary | Satoshi Club: Only for CHART holders?) How nany CHARTs i need to have to have this feature available?

Blockminded – ChartEx: that will be announced tomorrow as we outline more details on the next release. but it will be an amount of CHART that’s affordable, because ChartEx at its core was built for the community

D. | Satoshi Club: @madamlobster this feature for you. you are experienced trader :eyes:

Mary | Satoshi Club: No, but i want to be:joy: i still have just one monitor)

Blockminded – ChartEx: I also heard that some people don’t like dark blue as a background colour – so this will allow you to also customise those aspects of your charts (and save them for later)

Q3 from Telegram user @bitociok

Do you think you can get a lot of popularity and new users to your platform? how do you convince them to use your charts? also, how many users you had so far?

Blockminded – ChartEx: I think there’s a lot of contributing factors that will mean DEX trading will become more important, the recent news of Bitmex being prosecuted for example sent a shock across the industry that other exchanges will be next. As DEX trading increases, liquidity should follow, this will make for DEX markets to be less volatile (we hope) and users will become more comfortable with the experience

Mary | Satoshi Club: Do you have competitors? I mean exactly Uniswap charts?

Blockminded – ChartEx: this will in turn mean more users seek to get that extra advantage, through charts, analytical tools, access to data

there’s a small number of other providers, but I believe our coverage is most comprehensive – I don’t know if I’m biased but I see more ChartEx branded charts across social media than other providers, so the brand awareness exists

as our platform evolves we’ll differentiate ourselves further from being ‘just charts’ and I think that’s where our true value will start to shine

Mary | Satoshi Club: As i understand now you have only Uniswap? Am i right?

Blockminded – ChartEx: we’ll support more Dex’s, more blockchains and more insights into data than just a list of trades. Yes, as of right now, Uniswap is the only platform that is live. but… there are more than 1 other platform in the late stages of testing at the moment

Mary | Satoshi Club: You answeres are faster then my questions 🤣

Blockminded – ChartEx: I’ve had my morning coffee

D. | Satoshi Club:

btw, im a bit confused about your market cap and token circulation…can you clarify the numbers?

Blockminded – ChartEx: Neither are correct unfortunately, CoinGecko’s is closer but it reflects a small amount of tokens that are not actually circulating, so the correct number of circulating tokens is 33,250,000. CoinGecko count tokens allocated for exchange liquidity in their calculation

Mary | Satoshi Club: They didn’t have morning coffee :coffee: i think)))

Blockminded – ChartEx: CoinMarketCap will not disclose their calculation but I have asked them more than once to revise their figures

Mary | Satoshi Club: It’s common problem with all cointrackers

Blockminded – ChartEx: I like the CMC guys a lot to be honest, but I can’t really help if they won’t tell me where their calculation differs from mine. they were super helpful on our launch

Mary | Satoshi Club: Yes, but they have a huge volume of work

Blockminded – ChartEx: yes absolutely – our tokenomics for anyone that’s interested are published at about.chartex.pro

Mary | Satoshi Club: We are interested) will definitely check this, thank you:+1:

Q4 from Telegram Username @julioceazar

ChartEx started as a complementary charting bot in Discord and Telegram. What is the reason behind launching your own token and join the DeFi craze? What will be the uses of $CHART?

Blockminded – ChartEx: Great question. so I’ll start with uses, and then expand a little on the back story which should give the context needed to answer this fully the short term use cases will be around the charting platform itself – as we touched on a little earlier, holding CHART tokens will be a requisite requirement to enable users to save and load charts, the features that will follow afterwards such as the enhanced telegram bots, the watchlists and our higher level data insights and API access will require either holding a specific amount of CHART tokens or both holding and a regular subscription fee – we recognise the value in our API for example in giving raw access to developers and power users, so that would for example be a subscription product because we can forsee a lot of use of this and therefore the technical requirements to support this will require infrastructure investment

We want users to be able to feel in control of their tokens which is why we don’t expect a subscription payment for just saving and loading charts for example, we are happy with the commitment to ‘soft lock’ their tokens and our means of saying thank you is giving them a higher level of access to our platform

The reason for launching a token was to simplify access to our products whilst also ensure we maintain an ability to stay competitive and agile with new features and products – we thought long and hard about the question of ‘why does this need a token?’ and realised that to continue our vision of this being a largely community led product in terms of where we go from here and what we build, we needed a way to incentivise our users to participate

so the ChartEx DAO which will come later next year will introduce governance, grants and subsidies which token holders will vote on and actively participate in shaping our direction moving forwards

this will be funded from those subscription fees we do charge – some tokens are burnt, some will go into the DAO, and some will return to ChartEx treasury to fund ongoing operations, community initiatives etc.

If you wanted to explore the ‘why token?’ in more detail, I wrote about the decision making process here: https://medium.com/@chartexpro/introducing-the-chart-token-bda93b611953

Mary | Satoshi Club: It’s logical. I heard rumors, for example, that Blockfolio is going to tokenize their platform. Of course, it’s different, then ChartEx, but it’s near in common sense)

D. | Satoshi Club: great! thank you for answer! nice benefits for token holders

Blockminded – ChartEx: our token holders are the lifeblood of the platform so it’s important we thank them for it by way of these initiatives

Mary | Satoshi Club: Do you know the number of your users now? Approximately?

Blockminded – ChartEx: we saw 22,400 unique visitors yesterday, in the last 30 days, more than 340,000

Mary | Satoshi Club: Good numbers i need to say :+1:

Q5 from Telegram Username @Lorax14

You said in an article that “The core charting experience will remain free, ChartEx will not be subjected to artificial restrictions and open to all.” How will the project survive if there is no fee for using the platform? Do you have some plan to introduce premium accounts with paid subscriptions?

Blockminded – ChartEx: We’ve largely covered this one in the last couple of questions

D. | Satoshi Club: yes, true

Blockminded – ChartEx: but fundamentally I set out to build a free product, and everything you can currently do for free on ChartEx right now, you will continue to be able to do for free

we’ll start seeing more value in the ecosystem as we introduce these subscription and hold to use functions, particularly as we’re working very hard to make sure these are affordable and realistic for the value they create

so if you don’t need to save charts, that’s fine with me, you’re still every bit as welcome to be part of our community

but of course I do hope there will be lots of users who recognise the need for these additional features and decide to stash away some CHART to use them!

Mary | Satoshi Club: after all – will it be a ‘soft-lock’ or a fixed payments for subscriptions? Or it will be mixed?

Blockminded – ChartEx: there will be a blend of both, with TradingView for example, you could pay $100 a month, and that’s it, it’s gone, so we hope that if we were to ask people to lock away $100 of CHART to use the extra features of the platform, essentially still free, that people would welcome this

Q6 from Telegram Username @rioliandaro

ChartEx also offers bot services – could you expand on what kind of bots are available and how they can be used?

Blockminded – ChartEx: So a bot freely available right now to be installed in any telegram channel is the ChartEx Chart Bot, this will, on demand, get you a chart for Uniswap markets and a number of centralised exchanges, the scope of this will increase to also allow you to ask for things like prices, trading volume, liquidity numbers etc – anyone can use this without holding tokens, this is very much about brand awareness.

Mary | Satoshi Club: Where can i find this bot?)

Blockminded – ChartEx: We’ve got two other bots in the late stages of development – the first is a Whale Watcher and Wallet Watcher bot, so if you’re looking for signs of whales in markets that might be of interest, these will be for you – you can set a USD or ETH value trigger alongside the symbol you’re interested in, or work marketwide, and you’ll see notifications in near-real time of these trades being made, with etherscan links to the transactions

D. | Satoshi Club: i wonder if we can try your bot in our chat 🤔

Blockminded – ChartEx: the more advanced bot is the TA Bot, this is quite complex and has been in development for a while, and this will only increase in relevance as Uniswap becomes more and more liquid and the charts act more closely to centralised counterparts

you’ll be able to say things like ‘show me all pairs where EMA 25 Crossed above EMA50 on the 4h timeframe’ which for highly technical traders, they’ll get that value straight away

The ChartEx Chart Bot can be accessed here: @ChartExChartBot, you can DM it and asks for charts in private, or you can add it to a group. if you DM it, you can get some instructions. this is an ever-evolving bot so will get faster as we spend more time and effort on streamlining it

Mary | Satoshi Club: And one more question) do you have plans to fight with scams in any way?

Blockminded – ChartEx: Yes! there’s a caveat to this, it needs user due diligence too.the earliest versions of ChartEx worked on the assumption that people were ethical and there would not be multiple tickers the same because of copycats

and we worked hard on refining this, considering liquidity and volume in which version of a ticker was the right one

but this also had its failings as the copycats became more sophisticated and actually invested in their scams

a bad person putting 100 ETH liquidity up against their fake version of something people wanted makes it very difficult to work out if it’s real or fake

so the two things I would advise now to all traders on DEXs

1) make sure you ask the project for their token contract address

this means you can be absolutely certain you are trading the right asset

2) look at volume and liquidity for confirmation/assurance that its trading patterns looks reasonable

we recently made a fundamental change to how you search ChartEx for charts to help better

empower users in this situation

Mary | Satoshi Club: One of the best advices)))

D. | Satoshi Club: the most important thing, i guess

Blockminded – ChartEx:

on our search feature now, you can search by ticker, and if you choose the default ‘best effort’

option, we’ll take you to the most liquid market with most volume – this works for established

tokens, but on launch day, if a copycat gets to market first with volume, this is not always trusted

but, if you know the token contract address, you can now see the last 6 characters on our search engine

so you can be sure it matches

and we show price, volume and liquidity right there too

with respect to rug pull risk, this gets a little trickier – in the early days it was simple again, make sure the liquidity tokens are locked

but again, this got more sophisticated, people locked their tokens but did not disable the mint function for example

so flooded markets with extra supply

Mary | Satoshi Club: it will really save someone

Blockminded – ChartEx: so we’re still evolving and looking at how best to improve this experience, but the 100% surefire way to avoid potential copycats is to be 100% sure of the token contract address, so only trusting official sources

Mary | Satoshi Club: Yes, and DYOR before)

D. | Satoshi Club: very detailed answers! thank you very much! @blockminded

Blockminded – ChartEx: You’re very welcome

Part 2 — live questions from the Telegram community

Q1 from Telegram user @JoxesXIII

Uniswap is the largest digital asset swap protocol. Recently other protocols have come out such as Burguerswap, sushiswap, etc. Does ChartEx plan to include these protocols? Or do you plan to expand your services to other blockchains?

Blockminded – ChartEx: Yes! I mentioned earlier there’s currently 2 platforms that are not Uniswap that are in the final stages of testing – we’re reviewing the emergence of new Uniswap-type exchanges to ensure we can support those that achieve significant adoption

Q2 from Telegram user @gunki2

What are the major challenges you face in implementing your long-term roadmap and how do you plan to do your next roadmap for this year 2020? and years to come 2021,2022,…?

Blockminded – ChartEx: In the early days, not being able to scale as fast as demand came in – until the token launched, everything was entirely self funded and ran for over a year being funded personally, now I have a team of developers supporting me, some excellent community management and marketers, so we’re very much overcoming those early obstacles

Q3 from Telegram user @drzy16

What’s the competitive andvantages of ChartEx compared to TradingView?

Blockminded – ChartEx: This is a great question – in some ways we’re very complementary, the user will experience things in a similar way using our product because we license their technology to provide that familiarity, but behind the scenes the infrastructure is entirely home grown – our differentiator/competitive advantage is that we can support new and emerging markets quicker, and continue to add value through the extra insights we are building that surround this such as our bots, raw trade data, TA led querying of markets

Q4 from Telegram user @radmaxco

What is the value of ChartEx for DeFi? Will it allow dApps to take their data?

Blockminded – ChartEx: The ‘Powered by Chartex’ programme which will launch in the early part of next year if not sooner will allow third parties to interrogate and use our data, so with this I think there will be some emerging DeFi products that will be able to rely on our in-depth data to support their own growth

Q5 from Telegram user @gunki2

What are the strongest advantages of the ChartEX project that you think will make your team lead the cryptocurrency market? On the contrary, what are the weaknesses of the ChartEX project? How is the team going to overcome it?

Blockminded – ChartEx: Our strongest advantage I believe if our community focus – ChartEx as I mentioned was born within a group of traders who helped shape and evolve it into something people find useful. We will continue to listen, and not just build ‘easy’ features from the data that we have but actually take the time to understand what it is our users thing will give them an added edge.
Disadvantage/Weakness right now still focuses on scaling, not necessarily the technology now as it’s performing very well, but growing out our team, getting the right people and not just people that are available, who will in turn have the same degree of understanding of what people truly want. I’m not looking to hire an ex-Google for PR purposes for example, I want someone who understands traders, understands market dynamics and can help to shape the future direction in the same way we will hope the community also do

Q6 from Telegram user @zaferce

How far has ChartEx traveled so far in terms of expanding its functions, scaling the infrastructure and meeting market demand sooner, and what are the areas you are still working on?

Blockminded – ChartEx: In the last four weeks we’ve entirely rewritten the trading data backend for performance, introduced 24 API endpoints for scalability and resilience and moved to directly capturing data from the Ethereum blockchain instead of through APIs. Our next immediate priorities as we touched on before are improving user experience through user accounts, saving preferences and charts etc. because that’s what we heard when we asked the community what is important to them – we’ll be focusing in parallel to bring extra exchanges and markets so there’s more data available, as well as developing greater insights into the raw data for our users

Q7 from Telegram user @araceley

How do you plan to spread awareness in different countries where English isn’t the official language ? Have you created local communities in various languages to let them understand about your project better ?

Blockminded – ChartEx: we currently have an English Language community but we recognise our reach as being international – one of the key functions of the ChartEx DAO is not not only give community members a voice, but empower them to actually see meaningful change through voting on issues important to them – this should hopefully see proposals relating to not only products, but also community development and expanding to support other markets than just English speakers

Q8 from Telegram user @Lorax14

Most of the requested tokens charting by ChartEX are traded on Uniswap. Why did you put your focus on charting coins on Uniswap?

Blockminded – ChartEx: We recognised the opportunity to provide something nobody else was really doing, or at least not doing at scale in supporting Uniswap markets. Uniswap and other DEX’s are becoming increasingly important as regulation changes and CEXs are under far more scrutiny – we are seeing this as a very good decision so far considering the adoption we’ve been able to achieve with very little marketing – that’s not to say we won’t support CEXs in future, but to be honest, there’s already lots of places to get those charts, so it would be an exercise to provide users with ‘everything under one roof’ rather than a key differentiator

Q9 from Telegram user @Kale_king

Protecting users/member data and privacy has become a problem that many companies/projects must face in their development. So can you explain a bit about your Protocol Security?

Blockminded – ChartEx: So firstly, ChartEx is not a protocol, it’s an ERC20 token running on Ethereum, as such there’s no transfer of anything personal at all on-chain, but to answer your question in a more wider context – personal privacy is hugely important to us, which is why we are opting for user login to not be via username/password and email address as this opens us up to security risks in the unlikely and very unfortunate event any part of our system gets compromised. It also allows to to offer absolute privacy and security for our users because we only ever received information to our systems that’s entirely public – your Ethereum address for example is the tie to our user accounts, and only the public aspect – we hold no private keys, no presigned data that could be used to interact with your wallet, and only you can interact with us on your behalf by proving who you are via Metamask

Q10 from Telegram user @liajuhria

Assuming the token rises in value significantly, are the subscription fees calculated in a fixed $ USD amount, or in a token amount?

Blockminded – ChartEx: We don’t want to price anyone out of using ChartEx – our subscriptions would be payable in CHART tokens but the actual payment about would be regularly recalculated against the USD rate to make it affordable – for those payments we do received, 20% of it will go into the DAO under community control and 30% of the payment is burnt permantly which will slowly deflate our supply

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of ChartEX. They’ve prepared 4 questions for this part. The total reward pool for quiz was 300$.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru

Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclubWebsite: https://esatoshi.club/

Our partners:

ChartEx Community: https://t.me/ChartExCommunity

We are pleased to announce our next AMA on October 8th 2020 at 12:00 PM UTC Time: Satoshi Club x Centaur

⚠️Click to see the hour
⚠️Total Reward pool: $3000

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Centaur Telegram group

We will have the following structure:

Part 1: 600$ /12 users – We’ll select 12 questions from the community. A user can post maximum 3 questions. 9 Questions will be selected from our website – please submit your questions in the comments section of this post. 3 Question will be selected from Bitcointalk thread.

Part 2: 600$/15 users – Open chat for 80 seconds. You can post Max 5 questions. Centaur Team will select 15 questions and answer them.

Part 3: 1800$ – A quiz about Centaur

For more details:
Centaur – @OfficialCentaur
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish