Month: November 2020

PART 1. Introduction of Morpheus Game project and community questions.

Hello, Satoshi clubbers and guests of this site. Have you watched the Matrix movie? It’s time to choose red or blue. 

Morpheus Game Token aims to conduct a social experiment within the crypto sphere. Indeed, for numerous investors, the aim is to “flip” meaning that people are taking a risk in order to multiply their investment. 

The plan of AMA session:

1.  Part – Introduction and preselected questions.
2. Part – Live questions
3.  The Quiz about Morpheus Game Token project

The reward pool is 1300$.

Leading the AMA our clever and fun admins:

@madamlobster and @GoldRocket27

The Representative of the project: 

Neo – Morpheus Game – @NeoMGT – 

Dozer – Morpheus Game – @DozerMGT

Introduction of a crypto project.

Gold Rocket | Satoshi Club:

Hello, dear Satoshi Clubbers! Welcome to Satoshi Club, @DozerMGT & @NeoMGT

Neo – Morpheus Game:

Hi everyone thanks for having us 😀

Mary | Satoshi Club:

Hi, Neo, how are you today?

Dozer – Morpheus Game:

Hi everyone, happy to be with you!

Neo – Morpheus Game:

I’m fine thanks, what about you?

Gold Rocket | Satoshi Club:

Did you follow the white rabbit today?😁

Neo – Morpheus Game:

Ahah, we always follow him 😏

Gold Rocket | Satoshi Club:

He brought you to satoshi club👍

Mary | Satoshi Club:

Hello, Dozer👍

Gold Rocket | Satoshi Club:

Hey👋

Dozer – Morpheus Game:

It brought us right here

Mary | Satoshi Club:

Fine, never thought I will meet with Neo, so, I am happy 😂

Mary | Satoshi Club:

So, let’s start?😉

Gold Rocket | Satoshi Club:

Therefore, we expect from you interesting facts about your project.😉

Dozer – Morpheus Game:

Whenever you want 👍

Mary | Satoshi Club:

Could you please introduce yourself and Morpheus Game?😃

Neo – Morpheus Game:

Yea let’s go 🙂

Dozer – Morpheus Game:

Alright. So Morpheus Game is composed actually of 3 main actors. Neo here who is our marketing lead, our lead Dev and myself.

With us, we have a team of 3 developers.

The 3 of us have virtually met in 2017 chasing ICOs at the time.

We are spread around the EU and Asia.

Morpheus Game came out from a discussion around a Gif that I can share here if authorized. It took us then 3 months to come with the final concept and start with the development.

Mary | Satoshi Club:

Of course, you can share 😃

Gold Rocket | Satoshi Club:

An exciting story! I want to continue!😉

Dozer – Morpheus Game:

Mary | Satoshi Club:

I see that 2017 brought us a lot of amazing people 😂 Lol 😂

Dozer – Morpheus Game:

I could talk about many ICOS. Success or not.

Gold Rocket | Satoshi Club:

So three friends came up with a concept … How do you bring it to life?

Mary | Satoshi Club:

Btw, did you lose or became rich?😉

Neo – Morpheus Game:

It depends on when AhAh.

Dozer – Morpheus Game:

It started from a joke but it actually defines a bit the crypto sphere. How many of you took a risk hoping for an x10?

Gold Rocket | Satoshi Club:

Sure.

Mary | Satoshi Club:

I think everyone 😂

Dozer – Morpheus Game:

We needed structure. Clear structure. So we started to have several slack meetings with the basic idea then started to add features and finally the most important thing the DAO.

Gold Rocket | Satoshi Club:

There are many examples of this👍

Dozer – Morpheus Game:

I’m a strong believer in blockchain technology. I have the chance to use some of it in my job and have a decentralized decision model was the thing that made the final balance.

Mary | Satoshi Club:

I like how you developed your idea😃

Gold Rocket | Satoshi Club:

We believe in blockchain too🚀

Dozer – Morpheus Game:

Moreover, from an individual background, we had the chance with Neo to have advisors roles in different projects what also lead us to learn about the backstage and how things can be handled correctly or wrongly.

Mary | Satoshi Club:

That’s a very useful experience 😀

Dozer – Morpheus Game:

Same for our lead Dev who has a strong background in solidity and now spending a lot of time I. Reviewing what our devs are doing

Gold Rocket | Satoshi Club:

Good for a start!

Mary | Satoshi Club:

You have almost everything for success 💪 just some pieces of the puzzle left😀 the community, for example 😀

Dozer – Morpheus Game:

You mean for now 😏

Mary | Satoshi Club:

I mean that you definitely will find new members here today😀

Neo – Morpheus Game:

we are working hard on marketing, we have 2 other AMA already planned including one with one of the biggest crypto community. We also have famous  CT influencers onboard, you will discover who in due time 🙂

Mary | Satoshi Club:

Sure, you will!👍

Gold Rocket | Satoshi Club:

Great plan!

Dozer – Morpheus Game:

If Satoshi club is not the biggest it remains the best 😂

Gold Rocket | Satoshi Club:

Satoshi Club is always glad to welcome you!❤️

Neo – Morpheus Game:

Trust us, our marketing plan is pretty solid, as we have many contacts in the crypto-sphere.

Mary | Satoshi Club:

How we can doubt?😂

Dozer – Morpheus Game:

Depends on the pill you choose.

Gold Rocket | Satoshi Club:

do you want to add something else for the intro or can we move on to the questions from the community?

Mary | Satoshi Club:

And thank you for the intros, guys! Are you ready to start with questions from our community?) Blue or Red?😀 Lol😂

Neo – Morpheus Game:

Let’s go 🙂

Dozer – Morpheus Game:

I would like to go on with the questions. As I said, the community is key to us.

Preselected questions for Morpheus game

Gold Rocket | Satoshi Club:

I love this one 😁

Q1 from Telegram user @Bradyfreddy

NEO is the main character of the movie. He won the war with the machines. So, why have you chosen to name the project Morpheus instead of NEO? Is it to avoid confusion with the existing NEO project?

Dozer – Morpheus Game:

It’s a good one and I’ll try to answer.

Gold Rocket | Satoshi Club:

I really love “The Matrix”❤️

Dozer – Morpheus Game:

First of all, there is also a Morpheus token. Well less known than neo but still. Our main reason for choosing this is that it is Morpheus who gave the choice to Neo.

In our vision, Neo is all the persons who will play the game. All the crypto aficionados.

Mary | Satoshi Club:

So, you want to give choice for your users?)

Dozer – Morpheus Game:

Yes, they will choose to trust us, or rather trust the code to be fully clear lol, and then they will choose a pill. Morpheus changed Neo’s life and not the inverse. It is a bit utopic but we fill more in Morpheus position for the user.

Gold Rocket | Satoshi Club:

I love the idea!

Mary | Satoshi Club:

Do you think we can trust code now? I do not mean Morpheus Game, I mean it’s globally. Can we?😀

Dozer – Morpheus Game:

Would you trust the code or a person? I thought you believed in blockchain Mary 😂

Mary | Satoshi Club:

I definitely prefer code😂

Dozer – Morpheus Game:

We are the matrix, code is the truth.

Mary | Satoshi Club:

Did someone audit your matrix?

Dozer – Morpheus Game:

Not yet. I can announce it here. Oh, maybe @NeoMGT can. As he has the exact info.

Mary | Satoshi Club:

Yes, we like announcements to be done in Satoshi Club 😀💪

Dozer – Morpheus Game:

He is a really marketing guy Playing on suspense.

Neo – Morpheus Game:

Our code (game controller, farming, NFT market place, token sale) is 90% ready (you can check our public Github), it should be finished by the end of the weekend. As soon as it is finished, everything will be fully (line by line) audited by a trustworthy company with solid references.

Dozer – Morpheus Game:

When can we expect to have it audited then?

Mary | Satoshi Club:

Great👍 you are on the finish line 🎉

Neo – Morpheus Game:

The audit will be done by the end of the next week.

Gold Rocket | Satoshi Club:

Looking forward!

Neo – Morpheus Game:

So before our sale.

Mary | Satoshi Club:

I like your speed😉

Dozer – Morpheus Game:

It does not speed. We actually worked on it before doing anything publicly. It was key to arrive with a product ready and audited. We are not selling promises.

Gold Rocket | Satoshi Club:

Wow! Many news!

Mary | Satoshi Club:

And can we move to the next question?😀

Neo – Morpheus Game:

sounds good

Gold Rocket | Satoshi Club:

Q2 from Telegram user  @kripto_mangunkusumo

The Morpheus Game applies aggressive burn. Could you please explain how aggressive burn means? how is this model better than ordinary burn?

Neo – Morpheus Game:

Maybe dozer has something to add?

Mary | Satoshi Club:

Hm, it is even better😀

Dozer – Morpheus Game:

You need to understand the terminology aggressive as multi-layer burn.

So while you can see in several projects a basic burn, we tried to implement it on various levels and on several actions while in most of the other cases you have one burning trigger and activity

Mary | Satoshi Club:

From our side it looks like speed) that’s why AMAs always show real deeps of development 😉

Neo – Morpheus Game:

And also, we use the term aggressive since if a user claims during the first day, 89.5% of tokens lost are burnt. If it is not clear, you can refer to the tab on our litepaper 🙂

Dozer – Morpheus Game:

As I said we have worked 3 months almost full time before getting ready for public

Mary | Satoshi Club:

So your supply will only decrease over time?

Dozer – Morpheus Game:

If the answers are not sufficient or more details are needed we’re happy to address it afterward. Indeed for the total supply.

Even more with the 3 rabbits NFTS in play

Mary | Satoshi Club:

You rabbit it’s something incredible 👍😻

Dozer – Morpheus Game:

And you will soon see how beautiful we made our NFT’s

Gold Rocket | Satoshi Club:

Can I buy a rabbit already?

Dozer – Morpheus Game:

Nope, but you’ll soon be able to earn one. We’re launching a contest tonight. I won’t announce it yet but the artists might be happy.

Gold Rocket | Satoshi Club:

This is encouraging 😊

Mary | Satoshi Club:

How soon? Do you have any exact terms?

Dozer – Morpheus Game:

@NeoMGT do we have any date for the NFT designs?

Gold Rocket | Satoshi Club:

The rabbit in blue is my favorite

Neo – Morpheus Game:

But the rarest is the withe one.

Mary | Satoshi Club:

My favorite. Why do I like all the most expensive and rarest😂

Dozer – Morpheus Game:

That’s what we call good tastes Madam 😂

Gold Rocket | Satoshi Club:

Classical😁

Neo – Morpheus Game:

By the end of the weekend too. We are finalizing the final design

Gold Rocket | Satoshi Club:

You have a hot week !!!

Neo – Morpheus Game:

yea, hard week in term of sleep AhAh

Gold Rocket | Satoshi Club:

Can we proceed to the next question?

Dozer – Morpheus Game:

Yep

Mary | Satoshi Club:

Does Neo sleep?😂 I think you will feel like real Neo this week) or maybe you are the real one?)

Neo – Morpheus Game:

I wish I was 😂

Gold Rocket | Satoshi Club:

Which pill did you choose btw?

Gold Rocket | Satoshi Club:

Q3 from Telegram user  @reinleoken

So basically the social experiment is if we’ll take the red or the blue bill but what caught my attention is “sometimes losing can mean earning more” how does your team plan to accomplish that? Would a percentage of loss be given back as a token to users?

Dozer – Morpheus Game:

The answer is in the question. As explained in the whitepaper we will redistribute a part of the tokens lost. The other part is burnt.

Earning more was in the sense that as we are burning a part, the part given back might have a higher value as less supply.

Mary | Satoshi Club:

Guys, maybe you have a big or not very article with all the numbers and explanations of how your platform will work?

Neo – Morpheus Game:

More of that, the biggest loser, and the biggest player will be rewarded too.

Mary | Satoshi Club:

Looser? Really?😂

To be honest not everyone likes to download pdf files😀 i know a lot of people who won’t do this🤷

Dozer – Morpheus Game:

Fully agree. We will try to work on visuals then 😂

Mary | Satoshi Club:

One more sleepless night for Neo😂

Neo – Morpheus Game:

Ok, wait a sec.

Dozer – Morpheus Game:

That’s a concrete example with 100k mgt lost

Gold Rocket | Satoshi Club:

Ahaha… King of losers😂 At least somewhere there is justice. in the Matrix, for example.

Mary | Satoshi Club:

These are the numbers of lost tokens, right?

Dozer – Morpheus Game:

It’s the Redistribution model of the lost tokens.

Mary | Satoshi Club:

Ok, got it😀

Neo – Morpheus Game:

Also, you can see that there is a strategic part. The caller should wait if he wants to be rewarded more, but he cannot wait for too much to take the risk that anybody else claims before.

Dozer – Morpheus Game:

On a 5 days time-line

Mary | Satoshi Club:

Not bad😀

Neo – Morpheus Game:

Or even get passed by the owner of the trilogy 🙂

Mary | Satoshi Club:

Thank you for your answers😀 ready to go forward to the next question?

Neo – Morpheus Game:

Yea

Gold Rocket | Satoshi Club:

Q4 from Telegram user  @Jonahapagu

I like the fact that one of your Aims is to define to which Extent people are willing to take the risk of losing money to multiply their investments…at the end of the day after a lot of users have used your platform partaking in this your social experiment.. what will you do with the data regarding the levels of risk users were willing to take to multiply their investment on your platform in other words what will be the relevance of knowing the level of risks users are willing to take to multiply their investments.

Dozer – Morpheus Game:

That’s the question I was waiting for. As I said before I am a blockchain passionated But also interested in crypto investment, had a penny stock and regular stocks investment XP and moreover, I am a student.

Mary | Satoshi Club:

You need to manage your risks😀

Dozer – Morpheus Game:

From my experience, I saw that risk-taking wise, the crypto world is crazy.

For full disclosure, I even bought kind of ether Pokemons back in 2018.

People are spending thousands of dollars without any fear.

I want now to see from a statistical point of view, what is people’s strategy. Making money by holding and base the things on burn or gamble?

Mary | Satoshi Club:

Is this the main sense of your experiment?

Dozer – Morpheus Game:

And it’s from a purely intellectual perspective. One of the main senses yes. I mean here give this opportunity instead of waiting. I stayed months waiting for a token to do x2 before selling it and sometimes it went to 0 Or almost 0. Here, you don’t have to wait if you take crypto as a gamble. With us, you can double almost instantly.

Neo – Morpheus Game:

And most important get rewarded for loosing 🙂

Mary | Satoshi Club:

But there’s a rule – when some wins another loses. It’s sad, but we can’t print money from thin air.

Gold Rocket | Satoshi Club:

Fatality🎲

Mary | Satoshi Club:

But surely you are interested in seeing the results😀

Dozer – Morpheus Game:

Imagine 90% of the holders are gamblers. It would clearly show something.

Neo – Morpheus Game:

But, we also need to be clear that it’s not only a Red or Blue game. Indeed, the rabbit part is very important and will be directly linked to a farming part for the rabbits.

Mary | Satoshi Club:

Which percent of those who lose you will approximately have?

Neo – Morpheus Game:

2% of the remaining, meaning after the burn and distribution

Dozer – Morpheus Game:

We are using an oracle within the code so we expect a 50/50 ratio

Mary | Satoshi Club:

Which oracle you will use?

Gold Rocket | Satoshi Club:

Your concept from the meme))))

Neo – Morpheus Game:

Provable API. Wich can give us a real random

Mary | Satoshi Club:

Yes, they can😀 Ready to go to the next question?)

Neo – Morpheus Game:

Yes

Gold Rocket | Satoshi Club:

Q5 from Telegram user  @aym1212

At every moment, a user can call de redistribution function and get remunerated for it. But what will be distributed exactly?

Dozer – Morpheus Game:

Refer to the question and picture shared by neo above, a part of the tokens lost will be burnt and the other redistributed

Mary | Satoshi Club:

Can you explain in simple words and by steps, what shoud I do to play your game?)

Dozer – Morpheus Game:

Of course,

1.you go to our website.

2. You connect your wallet throughMetamask.
3. You select the amount of mgt you want to play.
4. Select a color.
5. Send.

If you win you get the double back, if lost the counter gets updated with the nr of tokens you played.

At Redistribution, you will get a proportion of what has been lost.

Dozer – Morpheus Game:

But if you have the 3 rabbits you can burn them. And get a nice bonus lol

Mary | Satoshi Club:

White?)

Neo – Morpheus Game:

This is the redistribution if you get the trilogy of rabbit

Gold Rocket | Satoshi Club:

Blue rabbit😁

Mary | Satoshi Club:

Which is the minimum and maximum amount which I need to have to play the game?

Neo – Morpheus Game:

Those rabbits will be farmed with MGT 😀 Still to be determined.

Mary | Satoshi Club:

Thank you, got it😀

Gold Rocket | Satoshi Club:

to play I have to connect through a Metamask. How safe is my wallet @DozerMGT

Dozer – Morpheus Game:

Sorry got a call lol. Fully safe and to ensure this the contracts will be audited. Audit results will be public.

Mary | Satoshi Club:

Waiting for results 👍

Neo – Morpheus Game:

And Metamask is independent of the website

Gold Rocket | Satoshi Club:

Thanks, guys!

Dozer – Morpheus Game:

Indeed, the website will only move MGTs nothing more.

Gold Rocket | Satoshi Club:

Before I ask the last question from the community, there is one more thing that interests me. 😉

Dozer – Morpheus Game:

Shoot!

Gold Rocket | Satoshi Club:

By the way, you already have Neo, do you have Trinity on the team?

Dozer – Morpheus Game:

We’re still looking for the beautiful trinity 😂Our team is composed of a lot of testosterone right now.

Gold Rocket | Satoshi Club:

Good. So we will write it down. There are many smart and beautiful girls in Satoshi Club❤️

Mary | Satoshi Club:

You should post a request in the Crypto jobs channel😂

Dozer – Morpheus Game:

Well smart part is rather important right now

Gold Rocket | Satoshi Club:

You will see this soon when you see how many live questions there will be.

Dozer – Morpheus Game:

Can’t wait

Gold Rocket | Satoshi Club:

Last question?

Neo – Morpheus Game:

Yes.

Mary | Satoshi Club:

From this part of our AMA.

Gold Rocket | Satoshi Club:

Q6 from Telegram user @Pratze

I hear that you are doing an airdrop for NFT Rabbit. If we staking MTG Token in your platform, we will get NFT Rabbit. For how long that we must stake MTG Token and how much minimum of MTG Token that we need to stake to get NFT Rabbit?

Mary | Satoshi Club:

Yes, this is the question I was waiting for😂

Neo – Morpheus Game:

For the time of staking it will be 10 days for a red rabbit, 20 for a blue, and 30 for a white. For the amount of MGT to stake, you will have to wait a bit 😀

Mary | Satoshi Club:

You will have a sale, right? Or already had?

Neo – Morpheus Game:

Our sale will be conducted not long after our audit. An announcement will be made very soon btw, there are only 160 rabbits, the spots will be very rare then, so get ready!

Mary | Satoshi Club:

Great. And summary: you will audit the platform, conduct sales, and then users will be able to stake rabbits?

Dozer – Morpheus Game:

In a nutshell that’s correct.

Neo – Morpheus Game:

Everything will be fully deployed after our sale, at the same time as the listing

Mary | Satoshi Club:

Everyone will get his rabbit or this will be a random airdrop? I mean everyone who will stake.

Neo – Morpheus Game:

We are going to airdrop only a few, the other will have to be won by farming using MGT Not everyone, as there are only 160 rabbits 😀

Neo – Morpheus Game:

We also will have an NFT market-place on our website for the rabbits

Dozer – Morpheus Game:

Yes if the durations are well respected.

Mary | Satoshi Club:

So, two ways – or I need to have good luck or I need to stake a lot of MGT?)

Dozer – Morpheus Game:

A lot is a big word.

Mary | Satoshi Club:

You also have an invite contest right now? Is this correct? Hope, because I want a white rabbit 😂

Dozer – Morpheus Game:

Indeed but we’re planning to close it to launch a new contest. More interesting one.

Gold Rocket | Satoshi Club:

Mary | Satoshi Club:

More contests and airdrops?😀

Gold Rocket | Satoshi Club:

Dozer – Morpheus Game:

I love this one

Gold Rocket | Satoshi Club:

Me too😍

Mary | Satoshi Club:

Ok, now we know a lot about Morpheus Game, but our users still have some questions 😀 And they will ask you in the live part. Ready, guys?

Dozer – Morpheus Game:

Go

Mary | Satoshi Club:

Let’s go 🚀

PART 2.Questions about the Morpheus Game Token project from the live chat of the telegram community.

In this part, we open a chat for the crypto community for 100 seconds. Then the guests from the MTG crypto project choose the top 10 questions. The 10 crypto enthusiasts have earned cryptocurrency in the sum of 100$.

Q – 1 from a telegram user @Pannicota

How will Morpheus Game prevent early token $MGT dumping after presale from weak holders? Do you have any incentive plans for users to hold $MGT for the long term of the projects?

Neo – Morpheus Game:

We have 4 utilites for our token that will give it value :

– First obvious reason you need to buy some to play
– You need to hold some to be able to claim
– You need to stake some to be able to farm NFT rabbits
– You need some MGT to be part of the DAO

For those reasons, we are pretty confident about the value of MGT tokens in the future.

Q – 2 from a telegram user @K2ice

I love rabbits and I would for sure be going for the NFT with rabbits. However, at what point would I be allowed to obtain a rabbit, and what happens if I hold one each of the three colors of rabbits?

Neo – Morpheus Game:

You will be abble to get 50% of the tokens lost in the period by burning them

Q – 3 from a telegram user @JoxesXIII

Morpheus game is essentially decentralized? Or how do you manage decisions with the community?

Neo – Morpheus Game:

After around 3 months, after everything is properly set up, we will turn to a DAO.

Q – 4 from a telegram user @AugusS7

It is known that in EVERY investment there are risks and that we must invest what we are willing to lose, but in Morpheo the probabilities of losing are even greater? Why do you say that sometimes you better lose than win?

Neo – Morpheus Game:

Because looser will be rewarded too, and can even be more rewarded than he lost, check our WP for more information.

Q – 5 from a telegram user @BERTA2020

Do you currently have your SMART CONTRACT audited or do you have plans for it in the future?

Neo – Morpheus Game:

Our smart contracts (game controller, farming, NFT market place, token sale) is 90% ready and will be fully audited by a re by an auditor with solid references (line by line) next week, everything will be published before our sale.

Q – 6 from a telegram user @KhaleesiTheCryptoLady

You said that the team is working hard on marketing, and I believe that Ambassadors may also be a huge help to promote the best opportunities behind Morpheus Game. Do you consider offering the Ambassador Program for the community instead?

Neo – Morpheus Game:

TBH, we have very famous influencers already onboard for marketing, everything will be set up in due time trust us 😀

Q – 7 from a telegram user @kun4321

Can you recommend some of your strategic partners?

Neo – Morpheus Game:

Cannot disclose anything right now sorry.

Q – 8 from a telegram user @Amila19932

Do you have any idea to lock tokens in liquidity? If yes Which amount of token going to be locked on UNISWAP liquidity? Could you please explain your tokenomics?

Neo – Morpheus Game:

For now, 30% of the funds raised will be locked forever in Uniswap liquidity.

Q – 9 from a telegram user @SutedjaDian

I am an investor. I saw many projects with the Anonymous team. And also saw them doing scams. As a user and investor can I ask you why you decided to remain anonymous? How can we sure that there is no chance of scam from your team or you?

Neo – Morpheus Game:

Our GitHub is public, you can check it, we have many influencers onboard trusting us. And the full report of our contracts audit will be published before the sale. Even the plateforme will be ready.

Q – 10 from a telegram user @dhikirrah

Can a user u stake before the due date and is there any penalty?

Neo – Morpheus Game:

You will be able to unstake without any penalties, except not getting your rabbit 😄

Part 3 – Quiz about Morpheus Token Game project

In the final part, we would like to check your knowledge in terms of MTG project. They’ve prepared 4 questions for this part, so everyone could be a part and answer. Participants had 10 minutes to answer. 300$ was distributed between the winners.

Our contacts for more details: 

  English Telegram group  |  Russian Telegram group   |  Spanish Telegram group  |  Telegram Channel   |  Twitter |  Website 

Our Crypto Partner by this AMA: Morpheus Game

Telegram  |  Tweeter  |  Website  |  Medium  |  Gihub  |  Litepaper 

PART 1. Introduction of DEGO Finance DeFi project and community questions.

Hello, Satoshi clubbers and guests of this site. When you were a child most of you play with LEGO. Today we introduce LEGO for big boys and girls. Meet the DEGO Finance, the LEGO of the decentralized world, building an ideal decentralized financial ecosystem through a diverse combination of NFT+DeFi.

The plan of AMA session:

1.  Part – Introduction and preselected questions.
2. Part – Live questions
3.  The Quiz about DEGO FINANCE project

The reward pool is 1300$.

Leading the AMA our clever and fun admins:

@madamlobster and @GoldRocket27

The Representative of the project: 

Jonathan @Dego – @JonathanDego – product lead

Javert@Dego.finance- @pj_1988 – Dego.finance’s core dev

Introduction of a crypto project.

Gold Rocket | Satoshi Club:

Good evening Satoshi clubbers! We are starting today’s AMA-marathon with Dego.

Jonathan @Dego:

Hi all

Gold Rocket | Satoshi Club:

Welcome to Satoshi Club, @JonathanDego and @pj_1988!

Javert@Dego.finance:

Hello ladies and gents

Gold Rocket | Satoshi Club:

Thanks  for joining us.

Mary | Satoshi Club:

Hi, guys, how was your day)

Javert@Dego.finance:

Our pleasure

Gold Rocket | Satoshi Club:

Let’s warm up. To be begin with, please tell us a few words about yourselves and how did you get to be involved in Dego.

Javert@Dego.finance:

Was pretty busy as we are releasing our major product NFT market today.

Gold Rocket | Satoshi Club:

Great news!

Mary | Satoshi Club:

Oh, i am sure you are very busy) but still found time to come here😀

Javert@Dego.finance:

Yes the release is pretty much done and we’re thrilled that you could arrange this AMA for us. We really appreciate this invitation.

Mary | Satoshi Club:

And we appreciate it very much👍

Gold Rocket | Satoshi Club:

we are very glad to have you here!👍

Mary | Satoshi Club:

So, let’s start with the intro😀

Serg | Satoshi Club:

I‘m Javert, one of Dego.finance’s core dev, cannot say much about myself since all founders have taken the vow of silence. Dego core team has remained anonymous till this day. Sorry, now you will be able to post links/images

Javert@Dego.finance:

I see

Jonathan @Dego:

This is Jon, I’m the product lead, as mentioned we’ve taken the vow of silence. I hope you all pay more attention to our products rather than our identity.

Mary | Satoshi Club:

Of course, and your product is amazing.

Javert@Dego.finance:

3 years in the industry, I’m still a rookie when it comes to AMA Ha-Ha. As we devs seldom do these things.

Mary | Satoshi Club:

Lol,😀 Every is great, I am sure we will have a great time👍

Javert@Dego.finance:

Absolutely! It better be good so I have something to explain to my wife why I’m doing this during bedtime.

Mary | Satoshi Club:

So, tell us more about how DEGO started and which latest news you have now👌 Ahaha, greetings to your wife from Satoshi Club 😀

Gold Rocket | Satoshi Club:

Ahaha..good chance to do it😄

Jonathan @Dego:

I’m happy to meet another happy user.

Javert@Dego.finance:

Haha, considering the gender ratio of this industry, that’s too many greetings from males to her. I might have to spare her from that one.

Mary | Satoshi Club:

Yes, but as you see ladies are also here😂

Gold Rocket | Satoshi Club:

Does your wife love crypto too?

Javert@Dego.finance:

She doesn’t have a clue haha.

Jonathan @Dego:

God Enough conversation about your lady, We all know you love her dearly.

Mary | Satoshi Club:

Ok, guys, maybe we will start with questions from our community?)

Javert@Dego.finance:

Yes, we need more female entrepreneurs in the tech space! Yes

Jonathan @Dego:

Let’s rock and roll

Mary | Satoshi Club:

Gold Rocket | Satoshi Club:

Ladies love crypto too. 😁 Rock you!

Preselected questions

Mary | Satoshi Club:

Q1 from Telegram user @boresen

On the DEGO NFT Auction, the most valued NFT was Satoshi. Coincidence or not, the name of our group is satoshi as well. What was its price? can we still buy it? to have the Satoshi NFT for the Satoshi Club.

Jonathan @Dego:

The Satoshi NFT was auctioned for 127 ETH, it has a face value of 10,000 DEGO tokens. The owner can decompose it into DEGO tokens. So this NFT actually has an intrinsic value.

Yes, you can still buy it if the owner decides to sell in on the NFT market which we are about to launch tomorrow.

Javert@Dego.finance:

BTW this is the 2nd gen of our NFT market.

Mary | Satoshi Club:

Oh, you have NFT market launch tomorrow? Second generation?😀

Jonathan @Dego:

Yes, it will be launched on BSC first, then ETH.

Mary | Satoshi Club:

You’re waiting for ETH2.0? If yes, can you kindly explain how it differs from 1st gen?😉

Gold Rocket | Satoshi Club:

Tell us more about it … it’s very interesting!

Javert@Dego.finance:

Sure.

Jonathan @Dego:

NFT Market V2 will be launched on BSC soon! It will support DEGO NFT and BOUNCE NFT trading that can be paid in BNB. PANCAKE, MATH WALLET, NFT FOR GOOD, and other BSC NFT transactions will be supported in the upcoming section, and payment in DEGO will be supported in the next version.

Javert@Dego.finance:

We are not waiting for the ETH2.0 but closely watching. ETH has a lot of problems we all agree, Jams and expensive gas fees. But ETH is unquestionable the best blockchain to launch Dapps.

Mary | Satoshi Club:

Yes, that’s why I am asking. It’s the mother of all mothers😂

Javert@Dego.finance:

Why we are doing BSC. I have written about it and will share it here:

Javert@Dego.finance:

Many approached me and the core team regarding our recent choice of launching Dego.finance as Dapp on Binance Smart Chain. I explained multiple times and here I’d do it again.

“Why BSC over Cosmos, EOS, Tron, Solana, etc.?”

We did seriously examine all popular chain besides Ethereum. We show respect to engineers; there is infinite potential to make breakthroughs, and we have more chances to succeed.

Why do people care about which blockchain we build on now? Are we all crypto-fundamentalists overnight?  Ordinary users cannot perceive the underlying chain when using a product.

For Dego, the priority is user experience and the biggest complaint we encounter is the expensive GAS, which is an inherent flaw of Ethereum.

Having a compact dev team, we cannot just deploy on multiple chains. We did get offered to integrate to Solana from Seraum team, which we appreciate because Serum and its affiliates have the best pro-geekiness support. But a waste of manpower is counter-productive since we have a very clear roadmap and exciting products to deliver.

BSC in our opinion is the best choice, with faster integration and lower GAS, for an “Ethereum Dapp” like dego.finance that aims to deliver and scale.

Dego is not exclusive to any blockchain, and you will see us running on multiple chains. We are also brewing original protocols to be interoperable with all blockchains. USERS matter more than the underlying blockchain. Without community, DEGO would be worthless. BSC is the first footprint.

Mary | Satoshi Club:

And what about the second NFT generation? It’s really interesting to know)

Javert@Dego.finance:

It supports more NFTs, guarantees the authenticity of NFTs, and lowers FEES!

Mary | Satoshi Club:

It’s one of the understandable explanations I ever had👍😀 Great, wen 3rd gen?😂

Javert@Dego.finance:

No one ever asked about 3rd Gen! Haha would love to know about users’ thoughts. But we are thinking about linking it to DEX also innovate on “Blind box”

Mary | Satoshi Club:

I think they can mix it with questions and ask it in the Second part, btw😉 it’s a hint, Satoshiclubbers Wow, it will be interesting.

Javert@Dego.finance:

A blind box is a lottery draw process where you pay a certain amount of money while in exchange for sth uncertain but you could win big. Like Pokemon, MTG cards. Sorry for the nerdiness but it is awesome.

Mary | Satoshi Club:

Wow, this will be really awesome) you have a lot of ideas for the future)

Javert@Dego.finance:

Yes, we do.

Mary | Satoshi Club:

And thank you for your answers) ready to go to the next question?

Javert@Dego.finance:

Innovation is our edge. Also lighting fast execution on dev and product delivery. Plz, do.

Gold Rocket | Satoshi Club:

USERS matter more than the underlying blockchain. – these are wonderful words

Jonathan @Dego:

By all means my lady

Mary | Satoshi Club:

And you deliver amazing things😉

Q2 from Telegram user @Splendicity

Many projects prefer to stake their own token so as to increase more adoption and encourage holders. Why do you prefer to use USDT (stable coin) as a means of staking to earn $DEGO rewards? Any mutual benefits?

Jonathan @Dego:

In the early stage, we did promote Stable coin, which is to encourage fairness and scattered token distribution. Now we prefer NFT staking and mining, where you can lock tokens and mint an NFT but still use it to mine more coins

Mary | Satoshi Club:

Can you explain all processes of NFT staking?)

Jonathan @Dego:

Dego pioneered and extended the NFT utility beyond digital ownership to Creation, Mining, Trading, Auction, and more. NFT Mining describes a process where users can lock the desired number of single kind of ERC20/BEP20 tokens and mint an ERC721 token, then stake the very ERC721 token in a smart contract to mine rewarded tokens.

Javert@Dego.finance:

I have some examples here

Mary | Satoshi Club:

Sure👍

Javert@Dego.finance:

DEGO has seen a successful NFT Mining Campaign with KuCoin. BTW this is ongoing anyone can participate.

Mary | Satoshi Club:

How much time to mine left?😉

Javert@Dego.finance:

1 month ahead

Javert@Dego.finance:

As the second pool just started.

Mary | Satoshi Club:

Wow, I need to think about participating😂

Javert@Dego.finance:

Also, we have an ongoing campaign with Bounce on BSC

Gold Rocket | Satoshi Club:

I want to participate.

Jonathan @Dego:

Gold Rocket | Satoshi Club:

Thank you! Be sure to do it after AMA

Mary | Satoshi Club:

Wow, so many campaigns 😀

Javert@Dego.finance:

We named the Bounce NFT as BOT X Æ A-i, BOT X Æ A-ii ……

As Ironman himself/Elon Musk’s new baby is called X Æ A-Xii.

Mary | Satoshi Club:

It reminds me of Elon’s son😂

Gold Rocket | Satoshi Club:

😂 funny

Mary | Satoshi Club:

Oh, you were first 😂

Javert@Dego.finance:

Yes, and the mine is called GigaFactory Nevada and ShanghaiSo you can mint an NFT of BOT X Æ A-i and put him into work.

Gold Rocket | Satoshi Club:

You have a great sense of humor😁

Mary | Satoshi Club:

Your imagination is wild😂 Great, guys, we will check every campaign, and sure, some of us will join some😀

Jonathan @Dego:

That’s the KuCoin campaign btw

Mary | Satoshi Club:

Are you ready to go forward to the next question? 👍 we love Kucoin, we recently had AMA with them.

Jonathan @Dego:

Sure

Gold Rocket | Satoshi Club:

Q3 from Telegram user  @Thienzoro

I got to know DEGO through your airdrop. I hope to be able to participate in those airdrops once again. And my question is: If from the airdrops I get the trophy and I don’t sell those trophies, what benefit will come from holding it and what does it help me to stake? For example, between diamond cup and wooden cup, how much more profit will diamond cup benefit from compared to normal and with wood cup? Whether the $ DEGO stake is finished, will it reduce productivity or quality of the cup? And the price of the trophy?

Javert@Dego.finance:

I think there might a typo here. We have six gradea of Picks. Not cups, So NFT can be decomposed into DEGO tokens. That’s why I’m saying there is intrinsic value.

Mary | Satoshi Club:

Decomposed?

Javert@Dego.finance:

Yes all of our NFT has a par value of certain amount of NFT tokens.

Mary | Satoshi Club:

Oh, got it

Javert@Dego.finance:

Also you could participate in more mine coming up in the future like the kucoin one and the bounce one.

Gold Rocket | Satoshi Club:

Me too.

Jonathan @Dego:

So out NFT is not just an art but represent a number of tokens you sell or trader in the future.

Javert@Dego.finance:

And you can trade on NFT market too.

Mary | Satoshi Club:

From tomorrow, right? On DEGO market?

Javert@Dego.finance:

Right now you can trade on 1st gen of NFT market. Tmr you can trade on 2nd Gen.

Mary | Satoshi Club:

Thanks, it’s clear😀 So, ready to go to the fourth question?

Javert@Dego.finance:

Yes

Gold Rocket | Satoshi Club:

Q4 from Telegram user  @Pratze

Actually your NFT project with DEGO Hammer is quite famous and unfortunately I miss my chance to get it from your airdrop. Is there any other way to get the NFT ‘hammer’ beside from airdrop? Did you do open presale for that NFT ‘hammer’?

Javert@Dego.finance:

Yes. You can do it in the Dego Foundry where users can lock desired number of single kind of ERC20/BEP20 tokens and mint an ERC721 token. That is your NFT. So in the future you can Mint NFT with any token and any art. And put it into mining, trading, auction and lending.

Mary | Satoshi Club:

Any Art?

Javert@Dego.finance:

Yes of course, Any art.

Mary | Satoshi Club:

It can be any existing NFT on Ethereum blockchain? 

Javert@Dego.finance:

Mary | Satoshi Club:

For example, I can buy any NFT on rarible and go to DEGO Foundry and use it there?

Javert@Dego.finance:

Mary | Satoshi Club:

I want Steve😂

Javert@Dego.finance:

Yes, you can do it on rarible. Then cast your desired NFT.

Jonathan @Dego:

BSC

Mary | Satoshi Club:

Wow, never thought it is possible 🤦

Gold Rocket | Satoshi Club:

It’s incredible

Mary | Satoshi Club:

It’s really very helpful AMA, a lot of new knowledge. So, we won’t stop and will go forward to the next question, right?😀

Javert@Dego.finance:

Yes, Plz. How many questions are there? No rush

Javert@Dego.finance:

Just need something to throw at my wife.

Gold Rocket | Satoshi Club:

Q5 from Telegram user  @Jonahapagu

First of all, I will like to Compliment your website design It looks nice, unique and quite simple to use..on your website I saw three products that are yet to be launched “Hunter” “Dividends” and “Dwitch” can you explain what these products are and when they will be launched.

Mary | Satoshi Club:

Two more in this part and 10 in second😂

Javert@Dego.finance:

Ok, I’ll put her to sleep.

Gold Rocket | Satoshi Club:

You better teach her about crypto😁And you will have something to talk about before bed😉

Jonathan @Dego:

“Hunter” and “Dwitch” will remain mysterious till they are finished and  “Dividends” is rather straightforward and will be launched by end of Nov.

Javert@Dego.finance:

We have sth very unique on “Dividends Pool”

Mary | Satoshi Club:

New opportunities?😉

Javert@Dego.finance:

Existing NFTs and modules will be used

Mary | Satoshi Club:

Ok, so we need to wait for the announcement?😀

Javert@Dego.finance:

Yes sorry you have to Mary

Mary | Satoshi Club:

We will😀 don’t forget to share this news with Satoshi Club and we will follow your news also👍

Javert@Dego.finance:

Will do!

Mary | Satoshi Club:

Then let’s go to the 6th  and last question from this AMA part)

Jonathan @Dego:

Plz

Gold Rocket | Satoshi Club:

Q6 from Telegram user  @sumione

The supply of NFT is so high. So will there be burnings of NFT to maintain the value or to stop it from being devalued?

Javert@Dego.finance:

Yes, it is high. But every single NFT has a par value and it is locked in the contract.

Mary | Satoshi Club:

So, half of them are locked?

Javert@Dego.finance:

It is not only digital ownership of your tokens but also equipment in the games. It is GameFi.

Mary | Satoshi Club:

Like DeFi, but GameFi?

Javert@Dego.finance:

Locked or not has ZERO impact on DEGO prices.

Jonathan @Dego:

Play to earn, Staking games. Defi can be more interesting.

Mary | Satoshi Club:

And how many users do you have now?

Javert@Dego.finance:

In the near future, we’ll have crafting, where you can merge or burn and upgrade your NFTs.

Mary | Satoshi Club:

Are your NFTs upgradable now?

Javert@Dego.finance:

ETH: NFT staked for mining: 23,526 addresses (Users) BSC: NFT staked for mining: 30,810 addresses (Users)

Mary | Satoshi Club:

Impressive numbers👍

Javert@Dego.finance:

So 54K sth, these are real addresses representing a good amount of actual users.

Mary | Satoshi Club:

That’s what distribution means😀

Javert@Dego.finance:

Later it will be

Gold Rocket | Satoshi Club:

Amazing👍

Mary | Satoshi Club:

Thank you guys, for your answers! Ready for the live part of AMA?)

Javert@Dego.finance:

And DEGO tokens holders/addresses are like 35K

Mary | Satoshi Club:

It’s really very good numbers) a lot of users.

Mary | Satoshi Club:
Ready for the live part, guys?😉

Javert@Dego.finance:
Sure

Gold Rocket | Satoshi Club:

Mary | Satoshi Club:
Let’s go 🚀

PART 2.Questions about the DEGO finance project from the live chat of the telegram community.

In this part, we open a chat for the crypto community for 100 seconds. Then the guests from the DEGO crypto project choose the top 15 questions. The 10 crypto enthusiasts have earned cryptocurrency in the sum of 100$.

Q – 1 from a telegram user @chunhocxitrum

Your website is designed to look like Windows 95, so why do you choose this old design?

Javert@Dego.finance:

It is the OS that I used for the first time using a PC, all dev members have a thing for the vintage. So this one goes to old school tech and nostalgia sentiments.

Q – 2 from a telegram user @MOBILE1286

Can you list a killer features project that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about?

Jonathan @Dego:

If we consider CryptoKitties and Opensea as competitors.

Why is Dego better than CryptoKitties:  CryptoKitties is a close NFT system for offering ownership and collection, while DEGO is built as an open system where anyone could issue NFT, initiate mining, auction, trading and etc. DEGO offers a whole set of protocols for doing all things through an NFT’s lifecycle.

Why is Dego better than Opensea？
Opensea is a decentralized marketplace where NFTs are traded, while DEGO’s NFT Market offers more comprehensive services where there are no fakes.

Q – 3 from a telegram user @Atom3879

What is the total supply? Are your plans to focus on the market or to grow the community?

Javert@Dego.finance:

The current total supply is 9,893,765 DEGO, which are mined but circulation is 7,132,525

As we have an amazing deflation model where a lot of tokens are burned

Do have a look at our dashboard feature:

It is the most up to date stats.  Also, Dego team is very strong at virus marketing and all past major product release saw exponential follower growth on social media channels and end-users conversion. The team plans to continue this in the next product launch.

Q – 4 from a telegram user  @BERTA2020

What are the most notable benefits for users who buy their NFTs and hold them?

Javert@Dego.finance:

Dego pioneered and extended the NFT utility beyond digital ownership to Creation, Mining, Trading, Auction, and more.

Q – 5 from a telegram user @parisha89

Is this project a Global project?
Can local communities partake in it?

Jonathan @Dego:

We have one Official community of over 50K members and 15 other non-official communities involving more than 100,000 users in more than 10 different countries.

Q – 6 from a telegram user “Deleted User”

“Deleted Question”

Javert@Dego.finance:

dego.finance aspires to create something addressing users’ needs while bringing the obscure blockchain to simple but fun apps, only a few clicks away.

Blockchain has no “legs” in lack of impactful applications, while its financial infrastructure is overdeveloped, like wallets and exchanges. We witnessed that DeFi becomes a norm that only urges people to speculate.

The core team believes in “Blockchain for Good” and has a track record of delivering Dapps that gains mass adoption. Dego is like Lego bricks in Blockchain that provides fun-to-use and easy-to-integrate products and tools. We are determined to do bring blockchain applications to ordinary people for everyday use.

Q – 7 from a telegram user @eeaq15

I see that the whole concept of Dego is intimately linked to Lego. Why is that?

Javert@Dego.finance:

You see, most projects only do one thing, like Auction is one project in itself. While DEGO does digital ownership, Creation, Mining, Trading, Auction, and more.

These are like Lego bricks when two put together is a massive use case.

Q – 8 from a telegram user @brodzonl

Hello @pj_1988 👋
I notice you aren’t in DEGO group. Why is this?

Javert@Dego.finance:

I’m trying to stay focused? Our dev is better left alone and deliver products.

Q – 9 from a telegram user  @seen123

With choosing to launch on Binance Smart Chain, Dego Finance will plan to list on Binance also, right?

Javert@Dego.finance:

BSC in our opinion is the best choice, faster integration and lower GAS, for an “Ethereum Dapp” like dego.finance who aims to deliver and scale.
Dego is not exclusive to any blockchain, and you will see us running on multiple chains. We are also brewing original protocols to be interoperable with all blockchains. USERS matter more than the underlying blockchain. Without community, DEGO would be worthless. BSC is the first footprint. 

I have no comment on whether if we are to list on Binance or not. Sorry about that.

Q – 10 from a telegram user @eylem201

How the user can invest in DEGO? Where Dego is listed and where you gonna launch it in near future?

Javert@Dego.finance:

You can now buy it on KuCoin, Gate and MXC, and other minor exchanges. We’ll have a listing of a major exchange coming up also. fingers crossed.

Part 3 – Quiz about DEGO DeFi project

In the final part, we would like to check your knowledge in terms of DEGO.Finance. They’ve prepared 4 questions for this part, so everyone could be a part and answer. Participants had 10 minutes to answer. 300$ was distributed between the winners.

Our contacts for more details: 

  English Telegram group  |  Russian Telegram group   |  Spanish Telegram group  |  Telegram Channel   |  Twitter |  Website 

Our Crypto Partner by this AMA: DEGO Finance

Telegram  |  Tweeter  |  Website  |  Medium  |  Discord

Hello, Satoshi clubbers Another AMA took place at Satoshi Club and we would like to introduce to you the AMA session with our friends from Unifi Protocol The AMA took place on 25 November.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$

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

Gold Rocket | Satoshi Club: Hello dear community!The series of today’s AMA marathon is open.We are happy to announce our AMA session with Unifi Protocol DAO (UNFI).

D. | Satoshi Club: hello Satoshi club! :blush:

Juliun | Sesameseed.org: Hello Everyone

Gold Rocket | Satoshi Club: Welcome to Satoshi Club, @nuljui! :raised_hands:

D. | Satoshi Club: @nuljui hello! welcome to Satoshi club! :smiley:

Gold Rocket | Satoshi Club: To be honest, you are a long-awaited guest for us 😀

Therefore, we expect from you interesting facts about your project.:wink:

D. | Satoshi Cluba: finally, we all here in the right place and right time 😀

Juliun | Sesameseed.org: haha ok, great!

Gold Rocket | Satoshi Club: To be begin with, please tell us a few words about yourselves and how did you get to be involved in Unifi Protocol DAO (UNFI).

Juliun | Sesameseed.org: SureHello Everyone!My name is Juliun, I’m the CEO of Unifi Protocol DAO.

Unifi is the culmination of nearly 3 years of community building, smart contract development, and most importantly governance model development. My team and I actually started as a community, of like minded people that came together and organized around the concepts of decentralization and community building. To this point we’ve been operating as Sesameseed a block producer and validator on Tron, Ontology, Harmony, and Icon.

Today we’re a full time collection of like minded community focused developers and decentralized maximalists working to incentivize community involvement in Defi.

Gold Rocket | Satoshi Club: A good team is very important in crypto!

Juliun | Sesameseed.org: absolutely

D. | Satoshi Club: nice! you have achieved quite a lot already

Gold Rocket | Satoshi Club: Would you like to share something or can we move on to questions from the community?

Juliun | Sesameseed.org: yeah, we’ve been doing this for almost 3 years, so we’re doing well having some traction today.

sure i can share a little more

Gold Rocket | Satoshi Club: Feel free:blush:

Juliun | Sesameseed.org: As mentioned we really started as a team nearly 3 years ago, with the original Smart contracts that became unifi started in early 2019 as a series of Governance, and Voting contracts for the ontology blockchain. These have evolved and incorporated some of the bancor price discovery model in mid 2019 and really started to form into the AMM uTrade early this year.

Every part of Unifi was designed and developed in house which gives us a huge leg up. This combined with our high level of community involvement has enabled us to quickly develop for new blockchains as you’ve seen today.

The AMM uTrade is just the beginning of our Proof of Stake, cross chain governance ecosystem, where we incentivize liquidity providers on Tron, Ontology, Harmony and now BSC. We plan to launch Icon and Eth versions in the near future.

Gold Rocket | Satoshi Club: The Unifi Protocol DAO focuses on community building across the TRON, Ontology, Harmony and Binance Smart Chain communities. What else are in your plans?

Juliun | Sesameseed.org: well from here we intend to continue our expansion. Ethereum as early as this week, Icon is ready to go as well.

Q1 from Telegram user @carupanor

Unifi Protocol is a group of non-custodial smart contracts, what are the advantages of having a platform that uses non-custodial smart contracts and how does your protocol adapt to DeFi innovations?

Juliun | Sesameseed.org: Sure, The real advantages of utilizing smart contracts come in the form of security and consistency. Though its really only something you can take advantage of when the whole ecosystem utilizes it, which is exactly what we do.

All trades, and AMM activities are obviously managed by a smart contract, but further than this, what we do that many others dont, is incorporate our rewards and token model into the contracts that encompass the AMM.

Using these contracts we’re able to pick up a lot of efficiencies even over many existing AMM dexes out there today.

How we adapt really stems from building a core that can be built on top of.

uTrade as you see it today is designed to be built on top of, things like Lending, uTrade itself, even flashloans can easily be incorporated. Add to this Governance and we have a very comprehensive ecosyste.

Gold Rocket | Satoshi Club: impressive!a lot of work!

D. | Satoshi Club: BTW why did you start firstly to work with Tron, Ontology, Harmony blockchains instead of Ethereum?

Juliun | Sesameseed.org: so. Our community is primarily on those chains. We want to support our base first to really prove the project out.

We’re our own worst critic, Things like Audits, usability, what data is requested… how it should be laid out…. not to mention developing for Different artictecturhe.

In all honestly… we’re ready for Eth Today…. But we dont want to go live with Beta on Eth (arguably the harshest critics) lets go live with a finished product

(which we’re planning on …. Tomorrow hahaa)

its cool we were able to be listed on binance first… then go to ETH, so every step forward is a level up in sophistication and complexity

Gold Rocket | Satoshi Club: Agree with you!

D. | Satoshi Club: great! 🙂 thank you to reveal this secret to Satoshi club! :+1:

Gold Rocket | Satoshi Club:I confess to you, I farm a little UNFI on Binance

Juliun | Sesameseed.org: yeah i dont think we’ve announced that yet anywhere

using Pancake? unifi? or launchpool?

I think we were the first project to have an ETH launchpool actually

Gold Rocket | Satoshi Club: launchpool

D. | Satoshi Club: now you are Unifi hodler :muscle:

Juliun | Sesameseed.org: it was all a part of attracing attention from Eth maximalists early on.

Gold Rocket | Satoshi Club: Yes! I am:grin: Tell us please about your tokenomics btw

Juliun | Sesameseed.org: sure! Unifi at its core is the UNFI token, this is used to govern and determine the parameters of the defi ecosystem on each of the related blockchains. It accomplishes this through a unique Proof of Stake ecosystem in which representatives are elected, earn rewards, and vote on various parameters as a part of the DAO, the community may elect a representative by staking UNFI, and rewards throughout this cross chain governance system are delivered as more UNFI token.

There is infact a second token though, the UP token is actually an independent token on each blockchain, this is whats governed by UNFI. Its minted in relation to the Fee’s of each chain. In fact the fee’s accumulated in unifi on any blockchain it operates on are deposited into a smart contract to Mint UP at an increasing value over time, these fee’s are extracted by anyone that holds up by simply burning it. The result of this system is such that the value of UP increases with every trade on every blockcahin unifi operates on independent of each other, but dependent on the UNFI governance architecture.

There are ~2.2MM tokens in circulation today out of the 10MM total supply and they’ll be released quite slowly over the next few years.

Most will primarily be distributed to those participating in UNFI governance.

Gold Rocket | Satoshi Club:Nice. maybe share some useful links for our community

Juliun | Sesameseed.org : sure

Website: http://unifiprotocol.com/

Whitepaper: https://medium.com/@unifiprotocol/introducing-the-unifi-protocol-2ad67bc8435/

Telegram Discussion: https://t.me/unifi_protocol/

Telegram Announcements: https://t.me/unifiprotocol/

Twitter: https://twitter.com/unifiprotocol/

Reddit: https://www.reddit.com/r/UnifiProtocolDao/

Medium: https://medium.com/unifiprotocol/

Telegram Discussion: https://t.me/unifi_protocol/

Gold Rocket | Satoshi Club: Everything is clear to me. Do you want to add something or we can proceed to the next question?

Juliun | Sesameseed.org: we can move forward

Q2 from Telegram user @cleitoclo

Platforms such as Unifi generally establish a liquidity withdrawal limit, what is the limit for the amount of liquidity withdrawal and for the construction of products or services in Unifi?

Juliun | Sesameseed.org: oh.

We’re a complete redesign of traditional AMM’s

There is no withdrawal limit, there is no withdrawal fee. In fact our smart contracts though are similar in operation to Uniswap and others are very different under the hood.

There is no cost for participating wtih unifi. and You earn rewards directly as a liquidity provider. No need to Stake your LP tokens.

SImply provide liquidity and you earn your share of the fee as UP tokens.

Up token is unique in that it can be redeemed for the Base tokens that back it (ETH for example) and the amount of tokens that back it increase after every trade.

D. | Satoshi Club: no limits, no fees i like it! :smile::+1:

Gold Rocket | Satoshi Club: Excellent!

Q3 from Telegram user @mundarain

Are there rewards for participating in governance decisions and proposals? What actions should users take to maximize their reward income with respect to the Unifi participation system?

Juliun | Sesameseed.org:Yes, so, actually only community representatives can vote on core proposals.

These are elected representatives, that users may delegate their stake to.

Delegating their stake earns rewards for the token holder, and those with the most stake are elected representatives.

Representatives will be encouraged to reward participant / delegators for their stake.

probably the best wait earn the best reward, is to start staking early and vote for the most active representatives (or become one yourself)

D. | Satoshi Club: how to become elected representative?

Juliun | Sesameseed.org: simply have advocate for Delegations.

You’ll need to have your staked UNFI, staked for long enough, but after that… its simply about asking for stake

i would suggest promising a good return is a great start (such as a share of the CR reward to be distributed back to your voters)

D. | Satoshi Club: great! thank you for information! ready to jump to the next question? :blush:

Juliun | Sesameseed.org: yes

Q4 from Telegram user @kripto_mangunkusumo

One of the interesting products from Unifi is about Nitrous Layer. Can we hear more about this product, and how has it progressed so far? when is this product expected to be implemented?

Juliun | Sesameseed.org: Oh we dont have this feature, this may be a different project.

D. | Satoshi Club: really? oops, yeah it happens sometimes, probably question from different project :smile:let’s go to the next question then?

Gold Rocket | Satoshi Club: then tell us about your feature:grin:

Or next question:blush:

Juliun | Sesameseed.org: Oh sure,

Really our best feature is our community. We’ve made a huge effort to focus on our community and incorporating this into what we’ve built.

Gold Rocket | Satoshi Club: I like it:+1:

D. | Satoshi Club: the most important part of every project:+1:

Juliun | Sesameseed.org: absolutely

Q5 from Telegram user @nakocr

Your platform will also share the fees as long as the liquid providers don’t withdraw their liquidity from the pool and keep the tokens. Is this not unfair and will it be shared at the same rate after the liquid is withdrawn? If so, shouldn’t these ratios be different from each other?

Juliun | Sesameseed.org: So the fee’s are distributed to the liquidity providers that are participating within the pool, and you only earn those rewards as long as you’ve provided liquidity tot he pools you’re participating in.

Which keeps it fair, so you can only earn rewards as long you’ve provided that liquidity.

Q6 from Telegram user @nagy_szabo

You are on Binance launchpad and this is great for visibility and adoption. It will end soon. Do you plan any more activity in partnership with Binance? Are they your investors/official partners btw?

Juliun | Sesameseed.org: so partnerships are huge for us.

They’re part of why we’re here today and they’re absolutely crucial to our future growth.Partners will help determine which blockchains we migrate to, and they’re important to helping encourage our community growth.

D. | Satoshi Club: any future partnerships that you can talk of?:smile:

or it’s a secret for now?

Juliun | Sesameseed.org: hmmm probably the most significant is with other blockchains.

Icon is public, but i dont believe we have any others that are public today.

D. | Satoshi Club: got it! :+1:

Gold Rocket | Satoshi Club: Thanks for the answers:+1:

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Baby_Crypto

Whаt is the relationship bеtween Unifi and Utrade аnd what role does the Unlimited Potential Tоken (UP) play on this platform?

Juliun | Sesameseed.org: So UNFI is the governance token that will help determine the network parameters of uTrade.

Its an important ecosystem in which those UNFI token holders can help direct the rewards earned on uTrade to encourage more liquidity to be provided and better returns for Liquidity providers.

Q2 from Telegram user @Pramoddhanni87

What difficulties do you have for trading of tokens from different blockchains in #Unifi_Protocol_ ?

Juliun | Sesameseed.org: so Trading Tokens from different blockcahins requires a bridge of some kind,

These bridges are often centralized product that require a 3rd party to transact between them.

This is actually a major focus of ours today and trying to reduce these to a more trustless architecture.

Stay tuned we have some big announcements on this coming.

Q3 from Telegram user @Eliasbb

You said that “Really our best features is our community” But you still not have a telegram group. I saw that you only have a telegram channel. Any plan to create telegram group so that user can share their thoughts about UNIFI easily? What do you think about it?

Juliun | Sesameseed.org: actually we do have a very active telegram community:

https://t.me/unifi_protocol/

I suggest you join in and take a look, My team and i are always in there and we’d be happy to answer any other questions.

Q4 from Telegram user @luckydraw66

How do you feel while doing this job right now?Have you ever felt the pressure of starting a blockchain startup?staff and are you feeling happy right now?

Juliun | Sesameseed.org: Haha,

I’ve been doing this with my team as a start up for nearly 3 years.

until very recently, we were an all volunteer team, honestly working just for the rewarding nature of it.

We’re really excited about the traction we have today and where we’re going.

We’re most excited about how involved we’ve managed to get our community.

Things look really bright from here to be honest.

Q5 from Telegram user @ Nickkiii

What are the Privileges of the four classes (Elite, Upgraded, Waiting Period and Holder) of $UNFI tokens?

Juliun | Sesameseed.org: so the 4 classes you mentioned really rank from simple token holder to potentially Community representative (CR) Level 4 is a token holder. Level 3 is a staking token holder that is in a waiting period to become level 2. Level 2 earns staking rewards, and level 1 is a staking token holder, whos tokens are now locked and eligible for the highest level of rewards.

In addition level 1 token holders are able to delegate to CR’s and be rewarded for their participation in governance.

Q6 from Telegram user @Alika061

Is Stake $UNIFI on the Binance Smart Chain BSC and will I be awarded a stake with every new block I mine? then how much is the #UNFI Staking Prize to be Mined.

Juliun | Sesameseed.org: The current staking promotion on BSC is around this 6 week period until dec. 31st. You must lock your tokens to participate and by participating you earn a proportionate share of UNFI unlocked every block.

After Dec.31’st we’ll be transitioning into a much more diverse governance economy as mentioned above.

Q7 from Telegram user @tuvalunia

In what ways can an investor obtain UNFI tokens?

Juliun | Sesameseed.org: Aside from the exchange,

You can Stake within our current governance contract on BSC.

Stake in the binance launchpool, or Pancakeswap, Or you may migrate your up tokens.

This happened for the first time last week and there will be another up migration in the coming weeks.

After december 31’st you’ll be able to participate in governance to directly earn rewards.

Q8 from Telegram user @lembaranfotohitamputih

Can you explain in a simple way so that nontech people can easily understand how to use your platform and why is it better than any others that offers similar service?

Juliun | Sesameseed.org: hmm the simplest reason why, is that we’ve built a system that takes advantage of the benefits of other blockchains.

We didn’t simply copy the standard thats out there today, we solved the problem with efficiencies in mind.

These efficiencies result in a simpler process for users, and ultimately fewer fees to participate and earn rewards.

Q9 from Telegram user @KASG95

After listing your tokens on Binance Exchange, do you plan to continue listing your tokens on many more CEX exchanges? or after this will they focus only on DEX?

Juliun | Sesameseed.org: we’ve been fortunate enough to have a few major exchange partners, we do plan to continue listing on other exchanges, though our primary goal today is growing our community and expanding our network.

Q10 from Telegram user @araceley

Is the window period to claim UNFI on uTrade to join the BSC Staking still open?

Juliun | Sesameseed.org:Staking is still open! and will be open until Dec. 31st this year.

After this time period it will take time to enter into the staking system, and the token distribution will be much more scarce.

This is a really unique opportunity, and we’re happy to see over 100,000 Tokens are participating within it today (~25% of what was on launchpool)

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

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/realsatoshiclub/

Website: https://esatoshi.club/

Our partners:

Website: http://unifiprotocol.com/

Whitepaper: https://medium.com/@unifiprotocol/introducing-the-unifi-protocol-2ad67bc8435/

Telegram Discussion: https://t.me/unifi_protocol/

Telegram Announcements: https://t.me/unifiprotocol/

Twitter: https://twitter.com/unifiprotocol/

Reddit: https://www.reddit.com/r/UnifiProtocolDao/

Medium: https://medium.com/unifiprotocol/

Telegram Discussion: https://t.me/unifi_protocol/

Hello, Satoshi clubbers Another AMA took place at Satoshi Club and we would like to introduce to you the AMA session with our friends from Flare Finance. The AMA took place on 26 November.

The AMA session was divided into 3 parts with a total crypto reward pool of 1000$

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

Gold Rocket | Satoshi Club: Good evening, dear community!

We are happy to announce our AMA session with Flare Finance.

D. | Satoshi Club: hello Satoshi club!

@TheCryptoFrenchie hello and welcome! :blush:

Gold Rocket | Satoshi Club: Welcome to Satoshi Club, @TheCryptoFrenchie!

CryptoFrenchie: Hello everyone!

Thank you for having me today and Happy Thanks giving to you all.

D. | Satoshi Club: thank you! good to have you here! :smiley:

Gold Rocket | Satoshi Club: Thanks for joining.

CryptoFrenchie: Great day to be here to show some appreciation to our great following by answering some of the questions I am sure they have been waiting to ask.

Gold Rocket | Satoshi Club: Tell us a little about yourself before we hear about your project!

CryptoFrenchie: Of course!

My name is @CryptoFrenchie, or Frenchie for short. I am a 9 year cryptocurrency supporter having entered the industry back in the day around late 2010-2011. I am the Founder and Lead of the Flare Finance Project. We are delivering institutional class DeFi on the Flare Network, which is currently creating the first smart contract platform that settles on the XRP Ledger!

What this means for those of you who are a bit unfamiliar with smart contracts and the XRP community; XRP is yet to have smart contract capabilities allowing for the trust free management of XRP in any multitude of ways. Flare Network solves this issue and brings both smart contracts and a trustless bridge for XRP to enter the decentralized world.

Gold Rocket | Satoshi Club: Amazing experience! when did you buy your first bitcoin?:grin:

D. | Satoshi Club: sounds interesting! we will find out more about all of this during our AMA:relaxed:

CryptoFrenchie: I never purchased a single Bitcoin. At the time, it was utilized more as a early payments system experiment. It would hold value and you would use it to pay for online gaming material such as game items and other things. I had earned a few hundred Bitcoin in the past utilizing it as a payments system for one of my early stage gaming servers. At the time, Bitcoin had nowhere near the value it did.

(In the sense that I used it, as I was younger at the time of discovery!)

Gold Rocket | Satoshi Club: Thanks for the answer! :blush:

do you want to add something or we can proceed to questions of community?

CryptoFrenchie: Feel free to proceed 🙂

Q1 from Telegram user @ashkarovich

You say that you are an independent group of developers who seek to bring an inovative change for XRP and Flare. But you mention that you didn’t receive any funding. How are you operating then?

CryptoFrenchie: We are indeed an independant group of developers. Each of us possessing unique skills trained in the market over our own years of experience in the industries we followed. I myself specializing in marketing, business development, and business psychology and my partners specializing in operations, business management, and full-stack development. We generally have all we need to deliver a full suite of products without the need for major investment. Any platform or project that attempts to say they need $10M, let alone $1M, to bring a product to life either does not believe in their work or does not have the skill to produce it themselves.

Our value is not in the amount we could easily raise from you guys as holders and interested investors, our value is in what we can deliver, how we can deliver it, and why we will deliver it without needing or hoping for someone to risk a dollar on what we could do ourselves.

D. | Satoshi Club: by the way as i know you a part of anonymous team?

CryptoFrenchie: We indeed are an anonymous team!

Please do not let this discourage you though as we have placed collateral in the hands of the Flare Network team for any time of need. Flare Network is entirely away of our identities and we do not hide them to remain shadowy. We hide them as to protect any potential chance of outside interference into the production and development of our products. We have full intentions to have a public exposure of our identities in the future. We just feel our product and code can speak for itself for now, and we will stick a face to a name when it ultimately matters.

As an anonymous team, we promise to deliver a trust-free, vigorously audited user experience that will deliver exactly what it is designed to do with user security, safety, and overall sustainability in mind.

Gold Rocket | Satoshi Club: How many people are on your team? How many specialists are needed for your project to function

CryptoFrenchie: We are currently just a team of 7 doing as much as we have done to date, in a little less than 2 short months. To break that down for you:

2 Developers

2 Administrative Members

1 Design Member

1 Marketing Member

1 Relations Member

Our team will expand out to roughly 10-12 members come the new years, but we do not see many more team members needing to be added to properly manage a project of our size and magnitude. Open-source nature will eventually take over, and the community developers will maintain and add on to the ecosystem itself.

Gold Rocket | Satoshi Club: Thanks! Everything is clear to me. Can we jump to the next question?

CryptoFrenchie: Of course 🙂

D. | Satoshi Club: thank you for answer! 7 is a great number:grin:and you have cool stickers as well:+1:

Q2 from Telegram user @crypto_propeller

Can you tell us what is the link between Flare Network – Spark and XRP? I see a lot in your tweets this 3 together, but don’t understand why?

CryptoFrenchie: Although we are not the Flare Network, I will definitely be able to address a couple of those concerns, but note this would definitely be a better questions for the Flare Network themselves.

A great way to relate what everything is in the Flare Ecosystem, and please forgive me if my description dulls any of the bright light that the Flare Network is;

Trustless XRP ($FXRP) is to Flare Network as Wrapped Bitcoin is to Ethereum, except it is not wrapped, it is trustless.

Spark ($FLR) is to Flare Network as Etheruem is to Ethereum. It is it’s main ecosystem token and is utilized for gas and value transfer mainly.

YieldFlare ($YFLR) is to Flare Network as Yearn Finance is to Ethereum. It is a DefI platform and token utilized within the ecosystem.

Gold Rocket | Satoshi Club: Trustless XRP :see_no_evil:

never heard that:grin:

D. | Satoshi Club: so you have 3 tokens in your ecosystem?

CryptoFrenchie: There are two tokens in the Flare Network ecosystem, $FLR and $FXRP.

There are three tokens in the Flare Finance ecosystem, $YFLR $YFIN and $YMIN.

This does not include the assets that Flare Network plans to bring to the network, or the Ethereum Bridge we have completed to bring over any multitude of Ethereum assets to the Flare Network, and from the Flare Network to Etheruem.

Gold Rocket | Satoshi Club: :+1: sounds good!

Gold Rocket | Satoshi Club:Tell us please about your tokenomics btw

CryptoFrenchie: Of course!

YieldFlare has a total supply of 110,000,000 $YFLR

YieldFin has a total supply of 11,000 YFIN

YieldMine has an expanding supply that is determined by the total time it takes to mine the entire supply of YFIN and YFLR.

YieldFin is a zero pre-mine, zero team-allocation, fully minable governance token that will be mined by staking YFLR, FLR, FXRP, or xUSD on our platform.

YieldFlare is the main ecosystem token that will be airdropped to all $FLR holders on the one month anniversary of the Flare Network launch!

More on our tokenomics can be found at https://paper.flr.finance/

Gold Rocket | Satoshi Club: thank you very much for sharing:+1:

D. | Satoshi Club: when we able to try your bridge?

CryptoFrenchie: We actually will be opening up BETA applications right after the December 12th network snapshot to begin allowing a few lucky individuals to bug test our platform for us. During this time, we will be having white hack hackers penetration testing our platform and looking for any attack vectors under a low-mid stress level environment.

You can possibly be one of our lucky testers. Oh, did we say this is paid for? That’s right, you as a BETA Tester will receive a small stipend as a token of our appreciation for properly testing our platform when the time comes.

Q3 from Telegram user @andreea_gym

Is your SPARK airdrop still active? Word’s around that it’s been a huge success. Can you comment on this?

CryptoFrenchie:I believe this is a question for the Flare Network themselves. 🙂

It is infact a huge success though! I applaud the Flare Network team and the work that Hugo and the rest of the guys have been putting in behind the scenes. True sign of hard work and dedication.

Gold Rocket | Satoshi Club: :clap::clap::clap:

D. | Satoshi Club: i think some people (including myself:grin:) thought that Flare Network and Flare Finance are the same project

Gold Rocket | Satoshi Club: I’m a little confused too

CryptoFrenchie: We are not 🙂

Flare Network is the entire network themselves.

Flare Finance is the first institutional decentralized finance platform on the Flare Network.

Gold Rocket | Satoshi Club: because twitter tags indicate #FlareFinance #FlareNetwork

CryptoFrenchie: Well, essentially, Yearn Finance would say #YearnFinance #EthereumNetwork but does not mean they are the Ethereum Network.

D. | Satoshi Club: thank you for clarification! :+1:

CryptoFrenchie: #FlareNetwork simply implies we are supporting and tagging our posts to that specific hash tag since our platform is relative to the network that it is being hosted on.

Q4 from Telegram user @adrianeth

You will do a snapshot at 1 month anniversary and will make an airdrop. How many tokens will be distributed and is there any minimum amount to be eligible?

D. | Satoshi Club: i hope this question relates to Flare Finance 😀

CryptoFrenchie: We will be hosting our snapshot for the $YFLR Airdrop on the 1 month anniversary of the Flare Network launch. The launch date is considered the first day that your tokens arrive in your wallet, and you are able to utilize them.

40,000,000 $YFLR Tokens will be airdropped to holders of $FLR a few days after the snapshot. There is no minimum amount to be eligible. All holders will receive a bit of YFLR whether that be a fractional amount or an entire token.

Gold Rocket | Satoshi Club: Wow! tempting!:+1:

CryptoFrenchie: Indeed 🙂

Q5 from Telegram user @prahenkris

There are so many great chains. Why did you decide to build your own infrastructure? Isn’t this a waste of money?

CryptoFrenchie: This would definitely be a Flare Network question, as we are not building our own infrastructure.

Gold Rocket | Satoshi Club: Oh sorry about that:sweat_smile:

D. | Satoshi Club: Oops

Gold Rocket | Satoshi Club: then I have another question

CryptoFrenchie: Shoot for it 🙂

Gold Rocket | Satoshi Club: Flare Finance is launching 6 decentralized finance products that will serve as an all in one trust free solution to traditional banking and investing.

Tell us a bit about these financial products

D. | Satoshi Club: im sure in the second part of our AMA, would be more questions related to Flare Finance:+1:

CryptoFrenchie: There we go!

Flare Finance will infact be delivering 6 key products to our ecosystem. (7 if you include Flarescan.org, but we do not consider that one of our main ecosystem products. More of a side project.) These products are:

1. FlareX – Decentralized Swaps and Decentralized Margin/Spot Trading Platform.

2. FlareFarm – Decentralized Yield Farming and Governance Platform

3. FlareWrap – Decentralized Asset Wrapping Bridge ETH-FLR

4. FlareLoans – Decentralized Asset-Backed Collateralized Loans Platform

5. FlareMutual – Decentalized Peer to Peer Insurance Mutual Fund

6. FlareMine – Decentralized Yield Mining Platform

A more indepth analysis on exactly how these products deliver what they do can be found at https://paper.flr.finance/ .

I can give you a brief rundown of what each product does if you would like as well 🙂

Gold Rocket | Satoshi Club: thanks for the clarification!

D. | Satoshi Club: of course!

CryptoFrenchie: Wonderful. Give me a moment to prepare it all. I will drop it in sections.

Gold Rocket | Satoshi Club:Personally, I’m interested in farming:blush:

CryptoFrenchie: FlareX is a uniswap style swapping platform allowing for Flare Network users to engage in the simplified trading of any Flare Network hosted assets. Additionally, it will offer advanced decentralized spot trading and margin trading to the same users. Transaction fees can be paid in YFLR and there is of course all of the amazing yield generating options that Uniswap offers like liquidity pools.

FlareFarm is a decentralized yield farming platform that allows holders of several approved assets on the Flare Network to become their own yield generating bank by staking their available funds and liquidity pool tokens to mine and earn YieldFin, the low supply, coveted Ecosystem Governance Token. Additionally, they can create and vote on proposals that will enact system wide changes to the ecosystem if approved or denied.

FlareWrap is a decentralized asset bridging platform that allows holders on either the Ethereum or Flare Network to bridge their assets over to the other network easily without the need for any third party intermediaries or exchanges. With FlareWrap, the Flare Network will receive xUSD (USDT), xDAI (DAI), xETH (ETH), xBTC (WBTC), and more. Additionally, for the first time, XRP will make it’s way to the Ethereum network as WXRP through our bridge.

FlareLoans is a decentralized collateralized loans platform that will allow a network of creditors and debtors to operate and enact loans and credit lines to borrowers against their collateral limit. Borrowing and lending earns you YFIN!

FlareMutual is a decentralized peer to peer mutual insurance fund that covers new projects smart contracts and teams for potential issues such as hacks, bugs, and other ruining events that could cripple an ecosystem.

FlareMine is a decentralized yield mining platform that allows users of ASIC rigs to mine Bitcoin and Ethereum, which is then automatically swapped at best value for Spark ($FLR) and provided to the miner. This creates positive price support and action for the Spark Token itself and promotes a long term healthy way to mine Spark!

Gold Rocket | Satoshi Club: When do you plan to release these products?

CryptoFrenchie: Are first three products; FlareX, FlareFarm, and FlareWrap are complete and ready for team testing before moving onto public BETA Testing. You can expect 5 of our 6 products ready for release in Q1-Q2 2021, with our final product coming in Q3 2021.

Gold Rocket | Satoshi Club: The rocket is at the start!:rocket:

D. | Satoshi Club: pretty soon. time flies very fast in crypto world:relaxed:

CryptoFrenchie: Oh it definitely does. 9 years has flown by like a snap of the finger. Time flies when you are having fun.

D. | Satoshi Club: thank you for answers! and we have the last question from this part. are you ready?

CryptoFrenchie: Ready!

Q6 from Telegram user @bitociok

There is a mention that you are anonymous. What is the reason behind it? Are you afraid of lawsuits from ripple or someone else? How many people work on your team?

D. | Satoshi Club: question was partially covered:smile:

Gold Rocket | Satoshi Club: partially answered. tell us what you think is the main thing in your project

CryptoFrenchie: We are indeed an anonymous team, not all of us are though. One of our team members, and in fact, one of our main developers, is not at all anonymous and actually is public!

The reason for our anonymity is to protect us during the birthing and building of the project and to release it free of any outside interference or want to jump on the potential at hand. Our approach was not anonymous to the Flare Network Team, and we very much so eagerly stated that we would LIKE to give them our identities as reassurance that we are here to deliver a top notch product and just want to be safe while doing it.

Gold Rocket | Satoshi Club: I personally understand your reason.

CryptoFrenchie: We are not afraid of lawsuits from Ripple, as Ripple would not be able to place a lawsuit on us for any reason. Our main fear is the uncertainty of who exactly are supporting entities in Ripple, and how will they see to it that a decentralized non-custodial platform is coming alive to deliver exactly what they do as banks at a better rate, with better accessability, and without the strings that come with a bank like not having immediate access to your own funds when and however you want it.

D. | Satoshi Club: yeah, good reasons for anonymity, in my opinion

CryptoFrenchie: Once the platform is birthed, and we are able to ensure it’s existence is NOT dependent on us as team members to have our hand in it, we will happily expose our identities. Until that point, we will ensure the platform is secure, audited, and released in a way that is as decentralized as possible as to remove any chance of outside forces acting on it, including ourselves as team members.

This includes working with projects like Codius to help bring forth a truly decentralized hosting network that can allow projects to be born, and pretty much never die as long as the nodes that host it exist.

Gold Rocket | Satoshi Club: Yes, the choice of this blockchain is a non-standard solution. And I am sure it will lead you to success.

Part 2 — live questions from the Telegram community

Q1 from Telegram user @aym1212

As individual user, what ways can I contribute to the development of Your $YFLR $YFIN $YMIN Project? Do you have Ambassador programs and What is its benefit?

CryptoFrenchie: Let’s start with this one!

We do in fact have a Global Ambassadors Program that will be selecting a number of individuals to represent Flare Finance in events around the world and help host community organized events when the time comes. Additionally, we will be opening our BETA Tester program that will allow people to test and utilize our platform and look for any available bugs or attack vectors that may exists on platform.

We strongly believe in community interaction and community support. We believe in this so much that we have dedicated 75% of our marketing budget to person to person user generated marketing tactics that can help place more money back into the pockets of you all for spreading the word about our products!

Q2 from Telegram user @jerlyyyyn

Why did you chose to work with XRP community rather than ETH blockchain?

CryptoFrenchie: We strongly believe XRP is a community that has been screaming out for a chance at a truly decentralized financial ecosystem. XRP has been one of the last platforms to innovate to date and has been specifically focused on client and partner acquistion. At this point in time, Flare Network is bringing exactly what the people have asked for, while we at Flare Finance are taking it one step further and challenging the centralized nature of banks that XRP supports. We see this more as friendly competition rather than a full all out war on traditional financial institutions.

ETH has it’s benefits, but has been plagued with projects that contain little to no substance, making Ethereum have this balloon of hot air value that is yet to pop.

Q3 from Telegram user @wonderkit

Is it safe to use FlareWrap and how much does it cost to swap certain coins in one transaction?

CryptoFrenchie: FlareWrap will be as safe to use as the audits that review it say it is to be. Our team holds over 12+ years as full-stack developers and has the skillset and drive to deliver a product that is properly reviewed and cared for while it is built. This being said, we are very happy and confident in our abilities to deliver a safe and useful product.

The cost to bridge any token to FLR or ETH in one transaction will have a ranging fee of 0.075%-0.1% of the tokens being minted/burned and will be split evenly between both. The fee goes down as the amount you wrap goes up. Meaning if you are bridging $100 of USDT to xUSD, you will pay a total fee of $0.075-$0.10 for the entire amount.

Q4 from Telegram user @Idee01

YieldMine, YMIN, supply is determined by the total time it takes to mine the entire supply of YFIN and YFLR. Is there a cap in the total supply of YMIN and is there a formular to use to calculate it? Do you have any mining guidelines for YFIN and YFLR?

CryptoFrenchie: There is no cap to the total supply of YMIN. It’s main use case is to be utilized much like POL-X as a rate multipler token. It can be burned to increase your mining rate for staking YFIN to mine YFLR on the FlareX platform. This being said, the supply is more time determined and does not have a hard number set.

Q5 from Telegram user @baimwong1

Why did flare Finance create three coins for its project ecosystem and how do the three coins work together?:

CryptoFrenchie: Flare Finance created three tokens for sheer need of what the ecosystem wants to deliver.

YieldFlare ($YFLR) is the platforms main transaction fee, listing, and secondary governance token. It can be used in place of transaction fees, used to vote on new token listings in the ecosytem, and used to vote on secondary governance proposals in the ecosystem.

YieldFin ($YFIN) is the platforms main governance token. It can be used to vote for all things that are related to the platform and carries a much larger voting weight than $YFLR does. It will be used to change fees, fund projects, or provide grants to new developers seeking to expand the ecosystem.

YieldMine ($YMIN) is a rate multiplier token that will be used to increase your mining rate of mining YFLR for staking YFIN on the FlareX platform. It is a way to create harmony between miners and traders and to promote healthy price action for FLR and $YFLR alike.

Q6 from Telegram user @KhaleesiTheCryptoLady

Regarding on the opening of Beta Application, How could we join as Beta Tester, any requirements? Do we have to hold the said 3 tokens of Flare Finance?

CryptoFrenchie:We do not have any pre-set requirements for you to become a BETA Tester, all we ask is that you are technologically proficient enough to look at a website, analyze your experience on it, and be able to pay close attention to detail. Any skills above that would be not needed, but greatly accepted and would put you at a more priority ranking on our BETA Tester list.

You do not need to hold any tokens, we will be providing you BETA Testers each with a different amount of the three tokens as to test a real world experiment of different holders ratios and so on.

Q7 from Telegram user @lexiagarcia

When will we meet the team behind Flare Finance?

CryptoFrenchie: Well, I won’t put a hard date on it, but we can almost guarantee you will be seeing us for Q4 2021. 🙂

Q8 from Telegram user @Emidm37

There is something that confuses me. There is another project called Flare Networks, which is a partner of Ripple, is Flare Finance in any way related to any of those projects? Can you clarify this please? Don’t you think this can cause confusion for other users too?

CryptoFrenchie: Flare Finance is not in any way related to or supported by Ripple, XRPLabs, or any of it’s affiliates. Additionally, we are not affiliated with the Flare Network or TowoLabs Team or any of it’s afilliates. We are an independant third-party team. We are not in any way partnered with either of them either. We are, however, doing everything possible in the book to raise the chances of becoming an official partner to either ecosystem. For now though, we are in discussions with Flare Network, and we are doing all requested to ensure we bring a good product to the netwok that can support it and not damage it.

Q9 from Telegram user @ Amila19932

What is your major product? What are you going to develop for the users? And how are you going to get that product famous? @TheCryptoFrenchie

CryptoFrenchie: We believe our largest product will be FlareWrap.

FlareWrap delivers what has been long awaited for. A bridge to bring XRP to Ethereum. Flare Network pulled the heavy load getting XRP to it’s own network, not we will bring XRP to Ethereum and Ethereum Assets to XRP.

With FlareWrap, you will be able to wrap your USDT on the Ethereum Network and mint it on the Flare Network. Additionally, you will be able to wrap your FXRP on the Flare Network, and mint it to WXRP on the Ethreum Network!

We will finally be able to help bridge over $20B in locked liquidity to Ethereum and over $50B in liquidity to XRP!

Q 10 from Telegram user @supper_star_2

Every projector has a special aspect. If you have anything like that, what is it?

CryptoFrenchie: We strongly believe our special aspect is being the first user-friendly and carefully designed decentralized finance platform to offer institutional defi to a mass of traders and investors who are yet to see any innovation to the asset they hold. Flare Network is able to spark this innovation, while Flare Finance is able to help ease in some of that innovation as well.

Flare Finance will be the first institutional DeFi platform to hold the grunt of over $20B of locked liquidity waiting to burst out and seek a truly trust free means of becoming their own bank and yield generating custodian. Flare Network is the key to unlocking value. Flare Finance is the key to unlocking decentralized finance.

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

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/realsatoshiclub/

Website: https://esatoshi.club/

Our partners:

Telegram: https://t.me/FlrFinance/

Twitter: https://twitter.com/FlareNetworks/

Websites: https://www.flow.page/FlareFinance/

When we think about markets of perfect competition, cryptocurrencies always come to our mind, we can find an immense number of projects willing to satisfy the needs of the growing number of investors. So, today we are glad to tell you about the AMA session with our friends from Bundles Finance. The AMA took place on November 25 and our honorable guest was @BundlesFinance.

The total reward pool was 200 BUND and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.

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PART 1, INTRODUCTION AND COMMUNITY QUESTIONS

Mary | Satoshi Club: Hello, Satoshi Club! We are happy to announce our AMA session with Bundles Finance! Welcome to Satoshi Club 😀

D. | Satoshi Club: @BundlesFinance how is it going? 😊

BundlesFinance: Thanks you for having me. This is Simon from Bundles. A little nervous but very excited to be here!

Mary | Satoshi Club: Everything is great and let’s start with your intro @BundlesFinance 😃 and of course tell us more about your project!

BundlesFinance: Bundles is a new way of earning APY with a fixed supply and involves using your crypto prediction skills to compete against other users to earn more $BUND. We just launched our platform 2 days ago and it’s gone well (although a few bugs still to be fixed with the UI)

This was just the first pool we launched and we have many more themes of reward and time periods to introduce. If you are really good at predicting, you can earn an APY of nearly 800%

Mary | Satoshi Club: It’s great) we can earn by predicting?) Does it mean if I am bad predictor I will lose? Or I simple won’t have profit?)

BundlesFinance: If you are a bad predictor, there is a chance that you could lose some of your stake. We run real time leaderboards and relative positioning so you can see how you are doing throughout the staking period. Our leader at the moment has achieved a 26% portfolio improvement in just over 36 hours.

Q1 from Telegram user @crypto_propeller

It has become an exception to see projects that talk about team members. Kudos for that, it brings more trust to the project. There are still things that could be done better when speaking about team presentations. You have written text about it, but do you plan to share more accounts of the founders or other verifiable sources of information about them?

BundlesFinance:Yes, we do. It’s just been a whirlwind of a past month and now we have a little time we can work on things like that. Sid and I met 8 years ago and have been working on a crypto project called Elevate Health which was fortunate to get a lot of VC backing. With COVID we had to hold our pilot projects as they were international so we had the idea of Bundles! And here we are!

I do think a public team is very important. It gives accountability to investors. We aren’t Rockstars but we have been working in the crypto sphere for a number of years and know it well. We’ll update our profiles etc but it’s pretty east to find me on Twitter, I was one of the first Bundles followers!

Mary | Satoshi Club: May be you can share a link here, so everyone will be able to find?

BundlesFinance: Sid and I run the project, Sid id more technical, myself more community facing. In addition we have a team of DEVS, 2 full time and then another 4 at times of heavy work. We also have a marketing person and our TG admins. @BundlesFinance @SimonLewis8888, I live in Asia… hence the 8888!

The rest of the team are also in Asia, we have worked together for a few years now so we have a good relationship… athough the past 36 hours were a little fraught.

Q2 from Telegram user @malidonald

Your website is clear and simple, but still looks like work in progress. Especially the “Hall of fame” section strikes with emptiness. Can you tell us what information will you have there?

BundlesFinance: The Hall of Fame will show the winners from each pool. Because our first pool doesn’t end for 5 days, we haven’t had a winner yet. In the next weeks, that will fill up as our winners get their usernames immortalised in the Hall of Fame. As the pools end, this will fill up with usernames and their avatars.

D. | Satoshi Club: Do you plan to add something else on your website? any new sections?

BundlesFinance: Yes, we will add more staking pools with different reward structures and times of staking. Then, our big development is to open pools for other ERC20 tokens to participate in their own pools. BUND holders will receive fees for opening the platform to other token holders. It could be particularly exciting for tokens who may have lost some impetus and we can bring some life back to them.

Q3 from Telegram user @isd_orban

Bundles staking platform launched on 23rd of November at 10am UTC. Can you please tell us how it works? Is it simple as using uniswap or is it something different? Please share a guide.

BundlesFinance: Users connect their wallets. They then choose the amount of BUND they would like to stake on that pool. They then choose the Bundle (yes, that’s where the name came from) of currencies they would like to choose, the performance of this is measured and they then get a relative token position ranking that will determine payouts at the end of the pool. You can see a how to stake guide the site by clicking through to the Medium articles.

https://medium.com/@bundles.finance/staking-guide-how-to-stake-your-bund-on-bundles-finance-37cb2eea1aca

Note that the current pool is closed but the next one iopens in the next few days.

D. | Satoshi Club: I can only connect metamask, as I see?

BundlesFinance: Yes, it’s on the site. 5 days and 8 hours till the next pool opens, other wallets and mobile walletconnect comes this coming pool.

It’s a totally new concept in the space so has taken time to develop and build. We are not just a clone of other concepts so it will develop over the coming weeks.

Q4 from Telegram user @blockmen

You recommend not using more than 3 currencies on your Bundle in order to make it more safe and less complicated. Why is that? Also, please mention it on the website as well because people who don’t read your medium will not know about that

BundlesFinance: Good question. That is a short term recommendation as we will reduce the number of wallet approvals required to stake. As everything is recorded onchain in terms of your choices, there are 1 too many approvals required which will be fixed by the next pool. We are already testing the streamlined workflow. Then users can choose as many currencies as they like in their Bundle!

Mary | Satoshi Club: Got it) so, you still in testing phase on some features, right?

BundlesFinance: Yes, we wanted to provide some confidence to investors that the product worked. But we will really develop over the coming weeks. We prefer to see this as a Mainnet Beta platform. But staking has been strong with more users than we anticipated. It bodes well for the future.

D. | Satoshi Club: Have you plans in the future to connect project with other blockchains somehow?

BundlesFinance: Currently, we want to concentrate on Ethereum and pools for ERC20 tokens. That in itself is a great platform. But down the line, as other chains gain adoption, it is certainly a possibility. But honestly, it’s not in our roadmap for the time being.

Q5 from Telegram user @ivancryptoz

In an article on your medium account from Nov 13, I see that some of your smart contracts are still on the test net. Can you give us an update regarding the progress with this? Were they launched on the main net? If yes, did you have any issues with it?

BundlesFinance: Good question again. We took the precaution of having our audit done before we launched. As there are so many rug pulls in the DEFI space at the moment, we wanted to give investors’ confidence in the platform. So the contracts were audited in testnet. We launched on the mainnet as our platform went live. Were there any issues? A few! WE were about 8 hours later than we thought on launch. But considering how some projects are months behind, we feel we did a good Job!

Mary | Satoshi Club: Yes, great! And now my favorite question about audit😂 can you give a link to it?

BundlesFinance: https://solidity.finance/audits/BUND/ There you go! BTW Solidity Finance are a great auditor. Tough but very responsive.

Mary | Satoshi Club: Did they have any issues with projects they audited before? Do you know? Because, as you know, even projects audited by Certik are not 100% safe.

D. | Satoshi Club: Yeah, maybe just need more audits? for example, i’ve heard that 1inch (dex exchange) contract passed 11 audits.

BundlesFinance: Indeed. This is a very developing field and as such things are always progressing. We were recommended them by several people and took their recommendations on board and oir experience was positive. Although it was long in terms of information required.

Because I have been so engrossed in Bundles over the last month, I am unaware of the 1inch scenario. But yes, I agree with the point that multiple audits on a regular basis is a good idea and one will be enact.

Mary | Satoshi Club: Yes, hackers are very inventive now, so you have to be sure in your contracts security. Btw, if something will go wrong do you have any insurance fund or something like this?

BundlesFinance: Thank you. We are in the process of a bug bounty promotion. In the platform, it is only BUND that is staked so for the time being, we have enough BUND to offer a like for like replacement on the amount staked. But an insurance fund is being discussed. We are working with a LoL broker (Lloyds of London rather than LOL!) broker on this point currently.

Q6 from Telegram user @filippsubzero

Because of the fees on ethereum, the team will send $5 of Ethereum to everyone who stakes the first week. This is awesome. You are the first project to do that or at least it is the first time I hear it. It is very nice from you to help the community do that. But I thought of 1 thing: What if users will just ask for 5$ with multiple accounts and get away with this money? Do you have a measure for this case?

BundlesFinance: Thank you. We were unhappy that users had one too many approvals and wanted to bear that responsibility. We will only pay stakers who have staked on the platform that week so there would be no financial incentive to request multiple wallets as they would pay an equal amount of gas fees. I like this question, someone has done their research. Well done.

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PART 2, TELEGRAM COMMUNITY LIVE QUESTIONS

The chat was open for 80 seconds; a lot of questions were posted by Satoshi Club community. Our guest chose some of them.

Q1 from Telegram User @supper_star_2

Every projector has a special aspect.  If you have anything like that, what is it?

BundlesFinance: Thanks for the question. I think that a platform has to have a special USP as you suggested. Ours is the competitive element that we bring to staking. DEFI is very competitive and bringing that into one platform should be very engaging for people.

Q2 from Telegram User @Mgl800

If I want Bund tokens, where can I buy them? What exchange are they listed on and where could they be in the long term?

BundlesFinance: Thanks Miguele. We are currently on Uniswap but more exchanges are coming. Watch this space. Price wise I don’t think I should comment specically but we do aim to be a staking mainstay.

Q3 from Telegram User @Pannicota

Many DEFI projects seem to have a BIG PROBLEM that when farming/staking or liquidity farming started, the price goes down slowly because people unload to put liquidity into the farm, collect and just dump it, no hope for LONG TERM. Will $BUNDLES have an incentive for users to hold and not just farming/staking and dump?

BundlesFinance: Thank you for the question. I was hoping someone would ask this! The difference with Bundles is that we have a fixed supply, so we aren’t just minting tokens that can be dumped as supply increases. Our supply will never go above our current max supply of 97, 120.

Q4 from Telegram User @lembaranfotohitamputih

Is KYC needed to use your platform? What for the people that can’t submit documents for KYC?

BundlesFinance: We don’t require KYC. We are a DEFI platform so that defeat the object of being decentralised. You just need a wallet. We do ask for a username to populate the leader boards but dont user your real name.

Q5 from Telegram User @CryptoZaratustra

What is LEADERBOARD on your site for? Which users can get to LEADERBOARD? What are the benefits?

BundlesFinance: Thanks Ivan. The leader board is used to bring a competitive element to the staking. If you chooe a well performing Bundle, you will appear on the leaderboard. If you win you will be immortalised on our Hall of Fame!

Q6 from Telegram User @AmirJosh

So if my Bundle lands at 4-7 place out of the 10 coins, I still can recieve more $BUND even if I have negative performance? If example, my 3 chosen cryptos lands at #1, #6, and #10 respectively, do I have a chance to outscore the Bundle that chose #4, #5, and #6?

BundlesFinance: Hi Jacob. Good question. As we are a totally new concept, it can take a while to get the idea! It took me a few days! We measure the performance of all the currencies in one Bundle. So it’s your overall performance rather than each individual coin. We measure your % portfolio improvement over the staking period.

Q7 from Telegram User @AmirJosh

It is funny reading one of your medium article that place humans slightly lower than a goldfish when it comes to attention span. Well, there are so many crypto projects especially DeFi that created everyday. For now, the attention is in $BUND / Bundles Finance, but when other projects start copying your platform it will not be unique anymore. What are your plans to make Bundle stay relevant and exciting in this field for a long time?

BundlesFinance: You again! You ask some good questions! It’s actually true that because of tech that human’s attention span is dropping rapidly… I think we will be copied as it’s a great concept (if I may say so). But I believe that the original concept and team has an advantage when other projects copy them. I already heard that there is a project launching with a similar concept. I welcome that as it shows we have done it right.

Q8 from Telegram User @ShaLiPon

Since platform has just launched 2 days ago, what are these few bugs you encountered? What solutions you made to overcome these bugs?

BundlesFinance: Good question. We have had several offers to list on a CEX. We will be following through with them and yes, in answer, we will be listing on a CEX soon.

Q9 from Telegram User @Rebel99

I understand that staking on a Bundle is sort of like predicting and betting on a cryptocurrency appreciating in prize. What happens if my selected bundle isn’t amongst the top gainers? Would I lose all my $BUND?

BundlesFinance: Thanks Rebel. You wouldn’t lose all your funds. The max you can lose is 4% of your funds. But we recommend using research to choose your bundle beforehand.

Q10 from Telegram User @Sheriff_100

You talked about LOL doing an Insurance FUND. CAN YOU ELABORATE?

BundlesFinance: Hi there. Lloyds of London brokers are brokers that innovate insurance products and divert the risk through others. We are using Paragon to find our solution.

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PART 3, QUIZ AND INFO

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about Bundles Finance. A link to a Quiz form was sent into the chat. Participants had 10 minutes to answer. 140 BUND were distributed between the winners.

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

Website: https://esatoshi.club/

Twitter: https://twitter.com/esatoshiclub 

Our Partners: BundlesFinance – Discussion: https://t.me/BundlesFinanceDiscussion

The project that we will talk about today has VR as its main objective, a technology that is part of the evolution to the digital age. Today we are glad to tell you about the AMA session with our friends from Dvision Network. The AMA took place on November 20 and our honorable guest was @BrianDvision.

The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.

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PART 1, INTRODUCTION AND COMMUNITY QUESTIONS

Mary | Satoshi Club: Hello again, Satoshi Club! We are happy to announce our AMA session with Dvision Network! welcome to Satoshi Club 😀

D. | Satoshi Club: @BrianDvision hello! welcome to Satoshi club! 😃

Brian: Hi dear community members of Satoshi Club! My name is Brian and I am the Head of Business Development at Dvision Network. I’m very excited to be here with you today! Let’s have the best AMA session =)! Before we start off I just wanted to make a little notification about the importance of joining our chat, as it’s gonna help you a lot during the quiz @dvisionnetworkglobal join here =)

Mary | Satoshi Club: Brian, let’s start with introduction 😀 you can introduce yourself and Dvision Network project!

Brian: Sure thing. As I have introduced myself already, I will better briefly introduce our project.

First and foremost, Dvision Network is essentially a blockchain-based VR content ecosystem, which also powers the NFT marketplace within virtual reality. Dvision Network presents a new virtual reality world, where humanity can lead an affluent life, at the very center of the ICT based fourth industrial revolution. In fact, to be more precise, Dvision has 3 important platform pillars, which can be explained briefly as an NFT marketplace (VR-Market), where you can also create and trade unique items; Tailored Virtual Reality (VR-Space), where you can customize and acquire the virtual space; Collection of VR-Spaces (VR-City), it’s a public VR world, where you can enjoy the metaverse with other users.

But in fact, it’s quite hard to squeeze everything about Dvision in these 3-4 sentences, so I will share with you a youtube link, that will provide you with a bit deeper understanding of Dvision Network! Here you go: https://www.youtube.com/watch?v=i5-Lg-eHAo0

Mary | Satoshi Club: Brian, if I will tell that I am not very familiar with VR, how you can explain it to me? In some simple words.

Brian: Well, I guess you have to first understand that Dvision Network is only about VR, and most importantly we try to provide to our users the VR content experience, which is a software side of the VR domain and has tons of issues there due to the lack of decent content in the space. Simply speaking, the VR content ecosystem is an enhanced user experience, where you can try different things with a gamified feature.

Q1 from Telegram user @KevSalom

What equipment or hardware do I need to enjoy Dvision Network? Do I need very sophisticated equipment? Or will I be able to play from my laptop?

Brian: First of all, we do not limit our end users to particularly VR equipment, as our content does not require to have one, if you have one, that’s great, but eventually if you’re packed with a laptop, desk computer or even a mobile phone, you can easily enjoy the content that we provide in our metaverse!

Mary | Satoshi Club: So, just smartphone and i can join?

Brian: Yes, indeed! However, the mobile version will be provided in the later stage, we will certainly announce it, when the right times come! Make sure that you stay updated with our news in our channel: @dvisionnetworkglobal

Q2 from Telegram user @PaoloMonte87

While reading through the partner’s section on your website I noticed that currently the only exchange where DVI’s listed is the South Korean crypto exchange CoinOne. I know that you’re carefully planning before deciding to venture onto new exchange listings. That makes your project one-of-a-kind in that sense, since most project almost immediately decide to go for the Uniswap protocol at launch. Is there any particular reason behind the choice of not even providing a starting UniSwap pool? And which do you believe are the long term benefits in matching future listings with the completion of product development stages for Dvision stakeholders?

Brian: Well before getting into the future listing plans, I just wanted to briefly mention that Coinone was our first exchange listing platform, and then we got listed on Uniswap upon the surging demand coming from our users. However, we also got involuntary listing on Hoo.com recently, which wasn’t actually carried out by us. Regarding the future listings, I should say that Dvision Network is quite a project with a certain level of popularity and people want to see us on different top-tier exchanges, however as you said, we indeed want to be careful with our listing plans, and thus be assured, that the next step will be a huge step forward! Stay tuned in our community and make sure not to lose an opportunity, when it comes (not an investment suggestion, though).

Q3 from Telegram user @Jonahapagu

In your Marketplace (VR-Market), Users can also request developers to create items according to their own preferences… This i think will open up another market for developers… so If i am a developer what do I need to know or have to be able to partake in this market place and have requests from users to create items for them…and who determines the fees I will be paid for the Items… apart from developers can’t non-technical users also be able to create their own unique items?

Brian: Good question. So, first of all, it’s not a rocket science to develop an item in the 3D modeling tool, that we will provide within the VR-Market, and thus any person with certain level of creativity will be able to create a unique item, that can become quite a thing, provided the features that NFT standards enable. First and foremost, the structure of the designer-customer relationship, including the economic side of this relationship is going to be released and explained thoroughly soon with the launch of our VR-market. Therefore, I highly recommend you guys to stay updated with our announcements and news in our channel, so that you don’t miss out the launch phase, where btw we will have a huge airdrop.

Mary | Satoshi Club: Will you have educational section somewhere which will be available as soon as your VR-market will launch?

Brian: Sure thing! We will be uploading educationary posts in our medium blog (which you can find here: https://medium.com/dvisionnetwork) and we will also be uploading a lot of tutorials in our website (dvision.network). But the best way is always to join the community =)

https://twitter.com/Dvision_network

Q4 from Telegram user @AmirJosh

There are many companies that already ventured on the VR industry but find it hard to turn it into lucrative money making machine like you said in your whitepaper even the giant Google in 2019 give up with the idea. Dvision Network on the other hand, will spice things up by combining Blockchain and VR Technologies. As an investor, how long will it takes for Dvision Network to integrate these 2 technologies and give investors an steady profit? Will it be months or years.

Brian: That’s a very smart of you to gauge the whitepaper before asking this question, I do respect that! BUT, the Dvision Network is here exactly to solve the issues that big companies faced, and that is to solve the content absence issue. The blockchain is on the other hand will only enhance and accelerate this process, and as you know, the NFT market is going to be the “DeFi” like thing, which will drive the growth and will allure not a small amount of capital. We will make sure to bring our metaverse to our users as soon as possible, and I should say, that it may even be earlier than it is mentioned in our roadmap, but please, do stay tuned!

Mary | Satoshi Club: What do you mean by “DeFi” like? NFTs still have some unsolved issues, especially in cross-chain aspects.

Brian: I mean, it’s going to be a hot topic, and it already is! Some of the projects, including us with our UniLend partner, are exploring the opportunities to overcome the issues and to enable the solid crossover potentials! I believe, that the next hot thing that may turn up in the space is the DeFi x NFT crossover, which will enable the yield farming possibility for the users!

Q5 from Telegram user @konditer_rolex

The virtual world is a very exciting topic and many immerse themselves in it to hide from problems. But we live in the real world and we have to keep the blows of fate on this side of the monitor. Can you tell me the future of your network in the real world? Perhaps you already have experience of application?

Brian: First of all, the virtual reality, that we present is practically enhanced or shall I say augumented experience, that users can feel and be part of, but that’s not necesserily hiding from the reality, it just can be a temporary, but never a permanent option for any mentally healthy individual. However, imagine the situation with COVID-19 and imagine that you want to visit a concert or large-scale event, can you do that? More likely it will be banned because of the risks involved with the spread of the virus jeopardy. And exactly here the VR comes as a solution. Although, I may provide you with a long and detailed answer about why VR is a good solution for this issue, I shall better share with you a link to the video, where you acn see how exactly this large scale event occured in the borders of our own metaverse. Here you go: https://www.youtube.com/watch?v=pPJumsOJCsA

Q6 from Telegram user @borysfireball

At first glance at your website, your main focus on East Asia is obvious, is it really your priority or is it a first false impression? What are your priorities in developing and achieving global knowledge and disseminating Dvision Network technologies globally?

Brian: Well, we do not discriminate our userbase, and we are always happy to see people from all over the world, and thus we have both global and local communities, with people ready to help you and provide you with answers to all your questions. In fact, the Dvision Network is based in South Korea, however it is truly globalized project with a global target, and we have followers from all over the world, not limited to APAC region solely!

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PART 2, TELEGRAM COMMUNITY LIVE QUESTIONS

The chat was open for 80 seconds; a lot of questions were posted by Satoshi Club community. Our guest chose some of them.

Q1 from Telegram User @Nickkiii

Does Dvision have other plans to adopt other coins in your payment system asides $TOMO?

Brian: If you have looked into our partnership announcements, you may notice, that most of those projects are included in the top 100 under CMC ranking, which means most of those tokens/coins are solid and have a certain level of liquidity. For us, it’s quite important that our users have no issues to participate in our token economy, as we will adopt the coins/tokens of our partner companies to enable our users to have a better access to the economic participation in our metaverse. Let’s say, if you have eGld or MATIC coin in your metamask, you will be ok with purchasing items/space in our metaverse. This is the idea behind the adoption of tokens and coins.

Q2 from Telegram User @Jonahapagu

Within your VR Market there will be an “ITEM Market” which will be a space where basic items provided by the Dvision team are traded and P2P transactions are carried out between users…. What Basic Items will the DVision Team be providing on this platform and who and what requirements will users need to obtain this items… after users obtain the Items you will be providing what can they traded or used for…

Brian: This is a very important question, which is associated with the VR-Market. I would love to tell you, that soon we will be publishing our VR-Market, where you will have the access to our NFT domain, where you can create and trade your unique item within VR-market. Respectively, in the initial stage, we will definitely provide fundamental items offered by the Dvision Network, however the exact and accurate tutorial will be released along with the launch of the VR-Market. I do suggest you to join our community to stay tuned with the upcoming news!

Q3 from Telegram User @Mantapkansuasana

What is your strongest advantage that you think will make your team leading the market? As I know a strong community is very important for every project. Do you plan to be a local or global project? What strategy will be used to expand the community?

Brian: The first thing, that I’m never afraid to mention, when answering to this question – is that we’re quite different from our competitors and we truly understand the issues found in this space, and we have advanced experience in the VR technology, and combining it with blockchain, thereby enabling the best features of it, we will try to put all our efforts to be among the leaders of this exceptionally innovative and booming market!

Q4 from Telegram User @BERTA2020

The erc20 network transactions affect the transactions in your VR? due to the high fees or does DVISION have a solution for it?

Brian: I hope, you have looked into our recent partnerships. If not, let me please redirect you to the publication, which will totally answer your question. I choose this question, as it is very important to address the high gas fee issues in our domain =) Here’s the post: https://medium.com/dvisionnetwork/dvision-network-luniverse-strategic-partnership-1939be8d6dba

Q5 from Telegram User @leixagarcia

A simple question: Will I need to pay you or buy a $DVI token in order to play?

Brian: In fact, the DVI is a utility token, that will only enhance your time spending within our metaverse. Although, we do not force our users to be economically active, but in order to “monetize” your assets, you first need to invest in those assets, right? In the same strain, you will have to incur some fee payments, while creating an NFT item, or will have to stake your DVI tokens in order to offer advertising services to the public and etc. In short, it all depends on you, you may even freely browse through our metaverse, but you will definitely find it more attractive to but some DVIs to enhance you experience.

Q6 from Telegram User @konditer_rolex

Will it be possible to lease the acquired land and content that the user creates himself? Do you plan to use the creative thinking and technical skills of users in the development of the platform?

Brian: This is the concept, that is currently being reviewed internally. As it is quite important for us to choose the right concept eventually for the best user experience. First and foremost, we contemplating between space acquisition and space lease concepts, and both of them have their own pros and cons, thus we will surely update you on this information, since there are a lot of updates are coming in the Q4 2020! But briefly speaking, if you are a creative and have an imagination, you may construct a very great space for yourself through our customization function =)

Q7 from Telegram User @LLeeKuanYew

I find Dvision network’s vision, solution and mission to be amazing. But that is in theory, and in fact is a different story. For Dvision network to be as realistic as you say it needs a strong, experienced team. So can you recommend your team (Founders, R&D, Developers, etc…)?

Brian: That’s perfectly true! But let me tell you, that behind the Dvision Network, there’s a big team of experts, who are fully experienced in the VR industry, and by even now, you can observe the demo version of our product, which is the result of long hours of hard work! Here’s the video, just have a look: https://www.youtube.com/watch?v=o7mJdOVBamw

Q8 from Unknown Telegram User

…

Brian: Blockchain is a gift for the gamers and for everyone who loves decentralization. Simply speaking, by bringing the blockchain we tackle the issues of copyright ownership, integration and burdensome exchange rate differences. But first and foremost, it’s all about user, who will eventually own, like really own his creation.

Q9 from Telegram User @jobel4

Can you share some of real-life use cases that VR is being applied through your network? What industries that Division Network hop in to make use of some of Division Network VR items? Thank you.

Brian: As I have previously answered, we will try to cover all the industries, that were affected by the COVID-19, and those include a lot of them, especially MICE industry, which stands for Meetings, Incentives, Conferences and Events. We will try to even adopt a large shopping mall inside of the metaverse, where users will be able to have a gamified shopping experience. Besides, we will present them opportunities to visit concerts, museums, parks and etc. It’s truly unlimited power here, you just have to try once.

Q10 from Telegram User @Amila19932

What is the tokenomics of DIVISION? Which amount will be reserved for liquidty? Is it going to be locked?

Brian: This is the last and most important question, that should increase the reliability and trust in the project. Dear community members, be assured, that Dvision is already in talks with the right, top-tier, custodians in order to lock the liquidity in their custody, which will eventually evaporate all the fears of our current and potential investors. We do hope, that you will hear from us with the best news in the upcoming days! Stay updated and join our community: @dvisionnetworkglobal

---

PART 3, QUIZ AND INFO

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about Dvision Network. A link to a Quiz form were sent into the chat. Participants had 10 minutes to answer. 300$ were distributed between the winners.

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

Website: https://esatoshi.club/

Twitter: https://twitter.com/esatoshiclub 

Our Partners:

Dvision Network – Community (En): https://t.me/dvisionnetworkglobal

Satoshi Club never ceases to amaze its members and offer them something new. And today we are not visiting by a project, but an individual.. Now we would like to tell you about the AMA session with our friend PapaWeirdo. The AMA took place on November 26 and our guest was PapaWeirdo.

The total reward pool was 1000$ 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

Serg | Satoshi Club: So, tbh, this is the first AMA in such a weird format 😀 Welcome to Satoshi Club. how are you today mate?

Dr Weirdo: Thank you Serg glad to be here with u. Didn`t sleep yet :laughing:

Irina K. | @satoshi_club: For how long?

Serg | Satoshi Club: why not? is it the job?

Dr Weirdo: from 11am yesterday, now its 4pm. yup

Irina K. | @satoshi_club: Weird is interesting

Dr Weirdo: ppl just started to call me dr weirdo years ago. no clue why :laughing: do i look like weirdo ?

Serg | Satoshi Club: no, you look like anyone else 😁 joke of course. Yes, you have something different. Let’s try to find out what .can you tell us more about your job?

Irina K. | @satoshi_club: What do you do in “real life”?

Dr Weirdo: im working in army, so some info cant be reveal also, for the securtiy

Irina K. | @satoshi_club: We’ll name you general Weirdo 😊

Serg | Satoshi Club: so, beside military what do you do? how did you get into crypto?

Dr Weirdo: getting into crypto was by luck, btw who lead me into crypto. it was my father
back to 2012

Irina K. | @satoshi_club: really?

Dr Weirdo: yea

Irina K. | @satoshi_club: Usually it’s the other way around

Dr Weirdo: he didnt know abt crypto, but i just asked him

Serg | Satoshi Club: reaaaly? you have a very progressive father. Mine is still afraid of crypto

Dr Weirdo: Look Father , i got some saving money i heard abt something called BITCOIN bla bla
, he just told me one thing – if you cant risk something , you cant achieved, so i risked it with all my saving

Serg | Satoshi Club: yes, we have this words in every language of the world I suppose. We also say that if you don’t risk, you don’t drink champaigne

Irina K. | @satoshi_club: Smart man

Dr Weirdo: wasnt that big but now its kinda big one

Irina K. | @satoshi_club: Nice story

Dr Weirdo: ya sad i lost him 2 years ago

Irina K. | @satoshi_club: oh, that’s sad :disappointed:

Serg | Satoshi Club: I am sorry mate. My condolences

Irina K. | @satoshi_club: Was he a military man as well?

Dr Weirdo: nope. but he adore military. all egyption btw join the military at specific age

Serg | Satoshi Club: so, it’s mandatory

Dr Weirdo: its until u want more, i mean for uneducated ppl

Serg | Satoshi Club: got it. being a military is not easy at all. You have a lot of restrictions in personal life.my uncle is in military so it’s the same.

Dr Weirdo: they go for 2years+ in army. for educated ppl are just 1 year after 1 year u can stay more if u want, but u will pass via some test first. because u will not be just soldier in this case , u will be officer and so on. also with some bribs :laughing:

Serg | Satoshi Club: haha

Irina K. | @satoshi_club: do they accept crypto as well?

Dr Weirdo: they r not

Serg | Satoshi Club: only cash I suppose

Dr Weirdo: and even if they r i will not offer

Q1 from Telegram user @piccoloclub

I see that you are a BTC maximalist. When did you start to fill your BTC bags and why are you a BTC maximalist?

Dr Weirdo:

• 

im just bitcoin MAXI for the legacy honor. and many other reason to be BTC maxi

Irina K. | @satoshi_club: like what? We’re curious here :blush:

Dr Weirdo: wouldnt be u btc maxi u if u were few bucks and now multimillionair ? even if its scam ?

Serg | Satoshi Club: haha, fair point! do you agree with people who say it will be 100000+ in the next year?

Dr Weirdo: 100% agreed. im saying this , just imo because how much rich arab men started to ask me abt bitcoin and i know what mean when arabs are into stuff legacy like btc

Irina K. | @satoshi_club: what does it mean?

Dr Weirdo: arab the ppl who like to own the stuff, Monopoly i mean, sry had to translate a word in english

Irina K. | @satoshi_club: Got it. Need to touch and see, not some digital stuff. This is what you meant?

Dr Weirdo: what if it come now with digital stuff, i said this, because when a boomer call u asking u abt bitcoin he dont even know how apple id work. so no matter now if it digital or physical. he just need to own bitcoin

Serg | Satoshi Club: you want to become a billionaire I suppose

Dr Weirdo: exactly this im aiming to be

Q2 from Telegram user @Antonerem

I’ve seen that you want to grow your own community on Discord, Twitter an so on. What is the purpose of those? What do you plan to achieve by growing this communities?

Dr Weirdo: tbh , i like to be helpful and friendly with everyone who deserve it , because one day i didnt have even money to pay for my school. rn , i have no benfits at all from doing this , but with the days i see it , something so good that i can build good bzns to be used worldwide. but my priority helping. thats it

Serg | Satoshi Club: how many people did you help until now?

Dr Weirdo: i dont count xD

Irina K. | @satoshi_club: That’s very nice, not something very common. What did you study, by the way?

Dr Weirdo: military air force

Irina K. | @satoshi_club: nice. did you jump with a parachute?

Dr Weirdo: i thought u will ask me did u drive a plan. but i didnt, because for me i dont want it

Irina K. | @satoshi_club: why not?

Dr Weirdo: its not my job, its another section i can say :laughing: not all the doctors can cure ur heart xD

Irina K. | @satoshi_club: I suppose you’re right.

Serg | Satoshi Club: a Russian helicopter I suppose? 🙂

Dr Weirdo: yup

Serg | Satoshi Club: Kamov 52. btw, have you ever participated in a military action? a real one I mean

Dr Weirdo: ya sure, weekly, but i prefer to not talk about this part 🙂

Q3 from Telegram user @whoosylady

What is https://sh7n.online/? It says coming soon on the page, can you tell us what will it be?

Dr Weirdo: aha about sh7n , its website that you can buy all kinda of digital stuff like ( amazon gift card , itunes, games card , charge ur phone credit etc ) i know this idea its millions around. but i just aimed at the first , middle east where many ppl dont hv credit card to purchase online and because nowadays gamers started to grow so fast in middle east. and most of them dont hv credit , so at sh7n u can buy with crypto and other payments in middle easy that i know such as ( FAWRY , AMAN , MEZZA ) u can just receive code on the website and u go pay it at any supermarket

Serg | Satoshi Club: it’s yours, right?

Dr Weirdo: ya its

Irina K. | @satoshi_club: when do you plan to launch?

Dr Weirdo: on 7/1, but maybe will be delay because i requested top 1 peice NFT for the website and the guy said it might take 3-4 months imagine xD so if i will not make it in 7/1/2021 then 7/7/2021, im not in rush 🙂 and its not project to rug :parking:

Serg | Satoshi Club: with whom are you working? 😁

Dr Weirdo: wait i send u his name on twitter random NFT art. https://twitter.com/itsparrott

https://twitter.com/cryptomemez and this guy also who made the NFT piece for me

Irina K. | @satoshi_club: It’s the same guy that made your nft card?

Dr Weirdo: nope, https://twitter.com/cryptomemez this one Irina

Irina K. | @satoshi_club: Got it. Thanks for sharing. Yeah, it’s a cool work. Good quality

Dr Weirdo: thank you 🙂

Irina K. | @satoshi_club: Is there something similar atm? as the platform you want to launch?

Dr Weirdo: btw there is original pic of that NFT

• 

Irina K. | @satoshi_club: I saw it but let’s share it here. So that the community see it too. General Weirdo in action 😊 The jump is for the photo or you are practicing some sport?

Dr Weirdo: i always do kinda stuff :laughing:

Serg | Satoshi Club: you’ve got ninja skills

Q4 from Telegram user @trustmywallet

You recently launched your first NFT card with PapaWeirdo. We are able to bid for it. What is the plan? Do you plan to release more of these? What are the bids you received until now?

Dr Weirdo: TBH , i didnt even know that some will think to bid for it , i just did it for me , because i like art i use to draw some stuff also. but after seeing many saying what this and and

Serg | Satoshi Club: do you paint?

Irina K. | @satoshi_club: Share with us some works you’ve done

Dr Weirdo: i got an idea but i dont even know how it will be

Irina K. | @satoshi_club: I am curious

Dr Weirdo: for sure i will need some consult on it, its just came in my mind. i will mint 77 or 777 NFT card of that one and i will lock 77 BTC for time. it will go automaticly for all the holders when BITCOIN reach for example 77777$, dont ask me plz what the reason. i dont even hv clue , if its good for the ppl or not, i didnt did the math

Serg | Satoshi Club: you just like the number 7 🙂

Dr Weirdo: the idea just came in my mind using my 7 lucky number. thats it

Irina K. | @satoshi_club: Do let us know when it’s running

Dr Weirdo: i rily dunno abt that nft one. need to ask ppl who rily know better than me

but right now im running small website just for giveway. smart contract xD its just way to make fair giveway, caz ppl said my giveway are fake

Irina K. | @satoshi_club: Share the link please

Dr Weirdo:

• 

my conversation few hrs ago with the guy who gonna make it. i just bought the domain now :laughing:(papaweirdo.finance .stay tuned to work on it

Serg | Satoshi Club: giveaway for some actions? haha, nice 😀

Irina K. | @satoshi_club: Multi-tasking?

Dr Weirdo: trying my best :laughing:

Serg | Satoshi Club: piloting a helicopter, participating in AMA and buying a domain? at the same time

Dr Weirdo: hahahaha who knows what im doing right now

Serg | Satoshi Club: only you do 😀

Dr Weirdo: GOD only knows

Serg | Satoshi Club: btw, do you do investments in projects? Pre-sale, private, seed

Dr Weirdo: yea sure

Serg | Satoshi Club: how do you pick them?

Dr Weirdo: sometimes i read the whitepaper and i dont lie some i pick because of the desgin of the site, ya im that type of person, art stuff are attracting me

Serg | Satoshi Club: and the projects you have chosen based on this were successful? just curious 🙂

Dr Weirdo: CORE . not at all from me , but some of them are 100% mine not based on fken TA but based on my spirtual magic

Q5 from Telegram user @abel_goldman

you have channels with chart analysis and signals. Where are you taking them? Is it your own analysis? how much is the rate of success for your preductions?

Dr Weirdo: about the success rate , you simply can check all the signals have been given and you can know ur self how much success rate its 🙂

• 

ok i will

Serg | Satoshi Club: tbh, I also do trades mostly based on my gut 😀 based on previous experience

Dr Weirdo: but i have 2 of the best TA boomers in the server

Irina K. | @satoshi_club: what do you mean?

Dr Weirdo: lol just joke :laughing: i mean in discord server. i know 2 of my father friends they r old TA, but with STOCKS. so i teased them to turn into crypto these fken boomers before they die in hell

Serg | Satoshi Club: what do they say about Tesla? overvalued or not?

Irina K. | @satoshi_club: if they’re old and still doing it, they can’t be bad :blush:

Dr Weirdo: tesla has way more to achieve, imo and the fken boomers opinion too. fken not an offensive btw

Serg | Satoshi Club: not at all 😁

Irina K. | @satoshi_club: where does it come from?

Dr Weirdo: i see it as cool word mean more close n friendly

Q6 from Telegram user @originallypurgatory

Are you a tech guy involved in crypto projects or a trader/ crypto enthusiast? What is your role in the blockchain ecosystem?

Dr Weirdo: simply im making money and also i think i hv answered kinda question like this before

Serg | Satoshi Club: yeh

Dr Weirdo: my main project, i mean the physical one. IS NEXUS, it will be in EGYPT

Serg | Satoshi Club: what does it?

Dr Weirdo: GAMING CENTER, but big one FOR EA sport i mean. for hosting compition games

Serg | Satoshi Club: which are your favourite games?

Dr Weirdo: CSGO,COD,LOL,FALL GUYS :laughing:

Irina K. | @satoshi_club: quite a gamer, aren’t you?

Dr Weirdo: i dont play tat much anymore, i used to supporting my young brother

Irina K. | @satoshi_club: By the way, did you mine ETH? Or BTC is your main investment in crypto?

Dr Weirdo: bitcoin i never mined eth

Irina K. | @satoshi_club: Is he doing it professionaly or just for fun?

Dr Weirdo: professionaly

Dr Weirdo: only bought eth at 15$

Irina K. | @satoshi_club: Not bad :sweat_smile:

Dr Weirdo:not at all :laughing:

Irina K. | @satoshi_club: is he successful?

Dr Weirdo: im still confuse where to guide him, into gaming or developing

Irina K. | @satoshi_club: which one is he doing better?

Dr Weirdo: im sure both he can do, but once he told me he want be an pilot or mechanic engineer for the plans

Irina K. | @satoshi_club: Stepping into brother’s shoes?

Dr Weirdo: something like this hahahah

Serg | Satoshi Club: I would say developing but I believe gaming is more fun 😁

Dr Weirdo: both are into nerd GUY :laughing: and i dont want

Irina K. | @satoshi_club: we just agreed that weird is cool 😊

Part 2 — live questions from the Telegram community

Q1 from Telegram user @cengizhantekin

You say you won’t sell BTC before $77,777. Is there a special meaning of that price for you? When do you think Bitcoin will reach that level? Will you sell for sure when that happens or just a possibility?

Dr Weirdo: 7 is my lucky number , nobody knows abt time , but im sure 100% it will happen not financials advices , yes i will sell and rrebuy again the same amount io jsut sold

Q2 from Telegram user @AugusS7

your original idea was always to develop an NFT card project? Or really, as time went by, did you see that it would be the most profitable and easiest project to develop and that’s why you chose it?

Dr Weirdo: i didnt have any plan to create NFT and make project , i jsut wanted one piece art for me , but then comes the idea that i said at the first AMA

Q3 from Telegram user @Cakelov

So are you still single ? Do you have any girlfriend or wife right now ?

Dr Weirdo: married 2 , and have 2 kids , but i dont mind marry 4 as well 🙂

Q4 from Telegram user @Idee01

Huobi Global is one of your folllowers on twitter. What’s the nature of your relationship with Huobi?

Dr Weirdo: no clue why they followed me rily , but maybe the know something ?

Q5 from Telegram user @adityapx

Papaweirdo, what do you think about XRP? you announce that you don’t want to sell until 2021, but you’re selling now. may you tell us? Thank you

Dr Weirdo: i never sold my XRP in spot

Q6 from Telegram user @JoxesXIII

Mr. Papaweirdo, carrying out new projects not only makes us grow as people but they also teach us what success means. However, in this ecosystem there is sometimes a lot of uncertainty and doubts, are you afraid of the crypto future or are you completely optimistic?

Dr Weirdo: completely optimistic . who know we r the new leader of money era

Q7 from Telegram user @Jonahapagu

if you were to look at a specific project what kinds of signals will you be watching out for before tagging that project as either a good or bad Project..have you had to make any decision about a project after an AMA here in Satoshi club

Dr Weirdo: tbh , once defi started i get lost , at the first i picked my project based on the desgin :laughing: and then come with the white paper that i hv to read, but for sure not all of it

Q8 from Telegram user @melanintrish

How did you come about 777 being your lucky number ?

Dr Weirdo: its just started like this , to see everything with 7 , my bday 7/7 and everything lucky comes next always have 7 number, so i adopt it as lucky number

Q9 from Telegram user @trader0fficial

Tell me 10x coin

Dr Weirdo: 10x coin

Q10 from Telegram user @kripto_mangunkusumo

What do you want to achieve by doing this AMA? do you want to increase the number of followers on twitter?

Dr Weirdo: not really , if u check the pinned message check my discord server where u can find all free stuff , and most are succes

Q11 from Telegram user @baimwong1

if btc ath what dr weidro did?

Dr Weirdo: i will wait for another ALH

Q12 from Telegram user @GoldRocket27

if you are not in crypto, what would you like to do?

Dr Weirdo: artist

Q13 from Telegram user @brodzonl

Why are you giving money to people?

Dr Weirdo: once before i didnt have money

Q14 from Telegram user @jerlyyyyyn

Are you also supporting other crypto projects aside from bitcoin?

Dr Weirdo: CORE

Q15 from Telegram user @Shekwoyemi

Many tokens dump after launch. How do you intend to prevent that?

Dr Weirdo: NOBODY KNOWS , the guy with defi it self ANdrea , he scammed ppl before so u never know who gonna rug

Q16 from Telegram user @kartika84

From the military field … Being a professional trader like this … Since when did you learn ??? And what are your suggestions for beginner traders like me ,,, who want to be smart at analyzing / predicting prices??

Dr Weirdo: i just said im not pro trader or even TA guy , i know little , but everything i do based on my spiritual magic

Q17 from Telegram user @Diptipande

“What was the last gift you gave someone?” ?

Dr Weirdo: 1000$

Q18 from Telegram user @KelierTG

Where can we buy a PapaWeirdo NFT? What token do I need? On which platform should I do it?

Dr Weirdo: is not yet for sale , i dont even know what im going to do next

Q19 from Telegram user @toanphamhd

How can we, as users or investors, trust your project, while we don’t know the whitepaper and roadmap about your project clearly. When did we find out about this? And what about this project in the future can you explain a little?

Dr Weirdo: here u r the whitepaper

Dr Weirdo: i dunno if the video i just sent will delviry or not

https://esatoshi.club/wp-content/uploads/IMG_5592-1.mov

mean while here the discord server , because many said its expired , also i have meme channel weekly winner for best meme 50$
https://discord.gg/kZk7DAza

Serg | Satoshi Club: @DaddyCryptoo, thanks for joining the AMA. We hope you enjoyed it 🙂

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of crypto. They’ve prepared 4 questions for this part. The total reward pool for quiz was 700$.

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/realsatoshiclub
Website: https://esatoshi.club/

Our partners:

PapaWeirdo Community: https://discord.gg/kZk7DAza

Twitter: https://twitter.com/PapaWeirdo

We are pleased to announce our next AMA on December 1st 2020 at 02:00 PM UTC Time: Satoshi Club x ROYALE

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join ROYALE 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 100 seconds. You can post Max 3 questions. ROYALE Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about ROYALE

For more details:
ROYALE – @OfficialRoyaleFinance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on November 29th 2020 at 02:00 PM UTC Time: Satoshi Club x YFLTD

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join YFLTD 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 100 seconds. You can post Max 3 questions. YFLTD Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about YFLTD

For more details:
YFLTD – @yfltd
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish