We are pleased to announce our next AMA on November 6th 2020 at 02:00 PM UTC Time: Satoshi Club x Bot Ocean
⚠️Click to see the hour
⚠️Total Reward pool: $2000
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Bot Ocean Telegram group
We will have the following structure:
Part 1: 300$ /12 users – We’ll select 12 questions from the community. A user can post maximum 3 questions. 12 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 300$/15 users – Open chat for 100 seconds. You can post Max 3 questions. Bot Ocean Team will select 15 questions and answer them.
Part 3: 1400$ – A quiz about Bot Ocean
For more details:
Bot Ocean – @botocean
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Most of the trading bots available in the market are expensive. How much is the subscription fee for your trading bot? Is there a lock-up period?
One of the feature of Bot Ocean is “One-Stop Trading Bot”. Can I customize the bot base on what strategy I desire?
How does the trading bot combine both retrospective results and desired features to determine the level of risk, and how does it enable to create an appropriate strategy?
How should I follow a way to create dapps on the Botocean platform, could you briefly inform?
There are many strategies and risk expectations differ for users. How do your algorithms test all strategies and is it possible to compare these strategies?
Mostly trading bots are not legit or not working very good.
When using botocean is profit for us guaranteed, is there any chance to loose invested money?
Does botocean charges any fees before starting using or it take fee of earned money by trading or how it goes?
Is bot working when website is not opened or only when Web page is active and can we set work time?
How do I know how successful the previously tested strategy is and which risk group is it suitable for? How does BotOcean categorize strategy data?
How botocean works, do we invest money in it and then bot is trading or we get signals for trading and we use them?
If its manually can we set order limit?
Do you have any work on transaction fees, liquidity, etc.?
ERC-20 network has big problems, high commission and slowness. Are you going to mainnet in the future?
You are in a large crypto economy, what is the most important difference that sets you apart from other projects and will reach your goals?
Can your Live Trading Bot be used on decentralized exchanges like Uniswap, 1inch and Pancake swap or it is only compatible with centralized exchanges like Binance, Kucoin and Coinbase?
Do you have a tutorial or mentoring feature in your platform where it can guide users to create their own strategies and technique for developing the trading bot?
Is Orka Labs the company you are holding or is Ocean Bot under the custody of Orka Labs? Which is which?
What are the marketing strategies of your project? What will you do so that your project will be visible in crypto field and people come to explore your project?
As a trader like me, the security of my funds is my first priority before choosing any exchange for trading. How does Bot Ocean team ensure users’ assets security?
Community support is one of the biggest aspects of a project’s success. Most projects have programs that interact with their users. Does you have any special plans to attract and expand the community and improve the user experience?
Currently, most investors are only interested in the profits they make and forget about the long-term benefits. So can you give your own opinion about why they should buy and hold these tokens / coins for a long time?
Currently in the market, it seems that investors only pay attention to the profits they get and forget the long-term benefits. So can you give your own opinion, advice why should they buy and hold these tokens / coins?
It’s a given that a lot of projects in the DeFi world are dubious and objects of dispute. So, can you please tell us what kind of new features and characteristics can BotOcean bring to the DeFi space and how will it be able the improve the space as a whole, without ending up being a copycat of other already existing DeFi projects?
I’m not a professional trader, more an investor looking at profitability in the long term (and I’ve written it in many of my previous AMA questions – although they weren’t chosen xD ). But if I were starting out with trading, would Bot Ocean be user-friendly enough to use for me? Or should I drop my wannabe-trader dreams all at once? 🙂
Privacy is becoming a relevant concern lately, along with interoperatbility & scalability (and as I’m writing I’m also reading about an astounding 280% increase on the Enigma token). Are you addressing personal data safety and privacy concerns? In what way will BotOcean handle all the informations coming from its users and are you considering performing an external privacy audit to reassure your user base on this matter?
What are your views on the current state of Crypto currency markets that we should use your Bot trading to gain high profit? And how do we know that your bot Will not manipulate the market price?
Does $ BotOcean have a strategy to follow regarding the vulnerability of smart contracts?
What kind of benefit does Botocean offer users who use bots for trade?
Staking is the new trend, will BotOcean launch its own next generation staking system?
new Defi projects offer lending and borrowing features, does Botocean consider adding these features in the future?
Can we turn from small traders to professional traders with BotOcean?
Is it possible to trade with BotOcean on Dexs and Cex?
Is there a risk that orders placed on your bots will cause any confusion? and how does BotOcean prevent manipulations from occurring?
Bot Ocean is simple for professional users but very complex to use for general users. What is your strategy to make the platform more useful for everyone?
Bot Ocean give their users the tools to navigate their own way through the market and earn BTC while their bots do the job. But, do you educate your users to guide them through the way? Do you have and advisor team?
It’s an interesting option the Live trading Bot, is it only one for each user or an user can have many of them?
I’ve founded the obstacle that many wallets can’t be runned or are too slow in some devices, especially the oldest. What are the minimum requirements of Bot Ocean to run on a PC or mobile for trading?
For how long can I use your products and what happens if I decide to stop using your products before the end of the period of usage?
Bots are programmed and directed by human beings. In a situation where the Bot start malfunctioning, what will be done to make sure traders are still on the right
What are the advantages of getting early access on the platform?
An important feature I want you to explain is your “Social Trading” which you say will
Allow Users copy the most popular strategies and boost their portfolio… How will this social trading be done can anybody get access to any strategy be it that of a bot or another user and Do you have a separate platform for this
At The moment Bot Ocean Is a Non-custodial platform but on your road map I see that in your plans around Q3 2021 you will be launching a Custodial Trading platform.. why do you want to launch a custodial trading platform do you have plans along the line to become a full custodial platform
One of the benefits of Holding BOT Token is an Option to become a Governor in the DAO.. what is the role of a Governor in your DAO what special rights or privileges Do Governor’s get that might make a user consider holding BOT to become a Governor in your DAO
When will you publish BotOcean’s whitepaper?
Honestly, I subscribed to a paying robot before for Forex trading but that bot is not so good for me because of poor service so I stopped using it. My question is, with Bot Ocean, how can you assure that your service is reliable and worth to pay for? What can Bot Ocean do that other bot can’t? Thank you!
What is the criteria on choosing the best Trading Strategies to offer on BotOcean Platform? Will copy-trading be available for the beta testers.
As stated in Bot Ocean site, “You pay for what you trade, and that’s it without hidden charges”, so can you elaborate more about the inclusion of the packages offered by Bot Ocean? How does the calculation of paying trade in Bot Ocean? Can you give some explaination about paying in what you trade? Can you give example? thank you!
If I will subscribe and use Bot Ocean,is there already an assurance that I will gain profit from trading since I had to pay for a subscription? Can I surely earn more than the price that I pay from subscribing with Bot Ocean? Thank you!
There is no information on your roadmap about development or plans to build an Bot Ocean App. Do you have plans to create one and when will it be available for users?
– Does the BotOcean Bot also serve as a liquidity aggregator for trading both Dexs and Cexs? Or is it just a system to determine market entries and exits?
– What features does BotOcean allow in its social trading? Is it possible to copy trade?
– How will users pay for BotOcean services? Will it be through monthly payments or already with the use of the bot and the fees is enough?
hello, I am a trustwallet and metamask user, can I connect trustwallet or metamask with bot ocean to make transactions easier?
Lately many hackers can steal people’s data and assets in crypto, How do bot ocean deal with this problem, perhaps requiring users to do KYC to avoid hackers?
is there any bot ocean token utility like uni on uniswap?
No matter it is CEX or DEX, all systems are digital, set up based on software and use algorithms. What makes your algorithms so special that you call them “BOTS”? Do they include AI based parts, or something else?
How accessible are Bot Ocean algorithmic trades?
Ocean trading robots have a diversity of certified strategies with their advanced algorithms which are adaptable to risk levels, can any user access my implemented strategies?
What strategies does trading bot technology implement to overcome human trading strategy?
The definition of Bot Ocean’s commercial protocol is by voting by token holders?
These bots offered by Bot Ocean that free me from working hours in front of a monitor that prices fluctuate? Who handles the information that I provide?
For what purpose does Bot Ocean democratize the algorithmic trading market?
I understand from your roadmap that you will start with custodial + CEX but then migrate to non-custodial + DEX. If the final stop is “decentralized” why not you directly go for it?
Trading bot will provide hundreds of strategies for users. But how will the user select the best strategy? Will the bot offer appropriate strategy(s) for the user, if so, what kind of data of the user will be needed to provide this?
What are the automated algorithmic strategies Bot Ocean uses to provide a safe, reliable, and revenue-generating system? With the Bots, can I only earn BTC, or can I choose what currency my earnings will be?
Can I choose which strategies I want to use to get the results I want? How comprehensive is this list? If I don’t have any knowledge, is the platform intuitive and does it guide me through the best options on the market?
How can I get early access to index funds of strategies? Do I need to be a member of Bot Ocean’s DAO to have this privilege? If I decide to be part of the governance, what benefits will I get?
Can Bot Ocean also be used by inexperienced or beginner investors or is it only aimed at professional investors? Who can get the most out of it?
I have read that you may not do a public sale. What is the final status of this thought, have you made your decision about it? Why do you think Seed & Private sale will suffice, is this a matter of self-trust?
I think you guys are doing very well! I just have a question related to the financial situation: Considering the bear market that has now lasted for some time, and might continue to do so for even longer; how is the this project doing in terms of funding to be able to keep up the development of the product and introduce new partnerships for years to come?
With what I understand, This project is a security/trust bridge between traditional market and decentralized market, to help Investors or institutional companies > SMEs/Startups.
On moving forward through your roadmap, what are your most important next priorities? Does This project team have enough fundamental ( Funds, Community, ect ) to achieve those milestones??
On moving forward through your roadmap, what are your most important next priorities? Does Bot Ocean team have enough fundamental ( Funds, Community, ect ) to achieve those milestones??
With what I understand, Bot ocean a security/trust bridge between traditional market and decentralized market, to help Investors or institutional companies > SMEs/Startups.
▶️▶️ What is your deep understanding of this “System”, pleases with us. In addition, please give us a brief overview of the development history of the ” System” and its commercial value.◀️◀️
Your target for the fundraising period was to raise $1.35 M. Have you reached this target? How will the results affect your roadmap?
I have a little known about Bot Trading and how it works. How can I earn profit using it? Who are your competitors? What are your advantages against them?
BotOcean are offering Social Trading wherein you will earn money from your followers. How much can I earn as a social trader? What if my trade is not a profit? Can I still earn?
The social trading is a very good way to create a good interaction between users, but botocean offers special prizes of Reward to those Traders that share their strategies?
What makes Botocean better that Trading view or similars? In terms of pair analysis and trading
Botocean works with bots and AI, sobbotocean give the possibility to the users and developers to create and execute their bots based in other platforms?
How is the process between Shipwrights (strategy creators) and Anglers (people who copy strategies) is handled? Are all the strategies public or can the shipwrights set them as private? Do the shipwrights make revenue when their strategies are used? Do the anglers pay for using a strategy?
Will there be a discount fee for all those users who hold the Bot Ocean token? Do you offer benefits and advantages to all holders?
It will be very interesting to try yourself as a shipbuilder in your Ocean. Can I test my ship before sailing? Can I use the help of experienced shipbuilders? What tools are provided so that inexperienced captains do not sink their ship on their first voyage?
All the strategies designed on BotOcean can be backtested against data from the largest exchanges on the market. How can users get the test done, and which exchanges are avaliable to do so?
How can BotOcean beat the bad reputation of trading for some, and what are your strategies to properly inform users what trading is?
Trading bots already existed already beforeBotOcean. What is special in the ecosystem of Bot ocean that could really ‘revolutionize’ DeFi Trading?
Botocean offers to users the option of earning BTC while using the bots. Are all the trading pairs related to BTC? How extense is the alt coins list to use the bots, and hoe do you expand it?
How secure is the data of users in BotOcean? What personal information is required to use the platform?
BotOcean has copy-trading bots for new and busy traders. How safe would it be trading with your bots, can we measure our risk?
Very few projects give any details of the legal guidelines that they must comply with for the launch of their projects, such as Bot Ocean does detail it, what is the “necessary license for custodial investments” to which it must obtain? and why get it in Q2 2021 and not before?
How long do you estimate the migration process to a fully decentralized platform for non-custodial functions? could they achieve it before 2022? And after the migration, what goals will come next for BotOcean?
I have only really operated as a trader on CEX platforms, as BotOcean works in both businesses, will it have a series of tutorials and information blogs that allow me to understand how DEX works and be able to migrate to it? Or will I have to use common sense?
I have no experience with bots, but I have funds and extensive experience in investing. Can’t I say see the top 5 strategies and invest in them? Can I order a strategy for myself? Let’s say I say the name of the dex, trading pair, investment amount and desired profit. And someone smarter creates a bot for me and receives gratitude from me in the form of platform tokens or a percentage of transactions. Is this possible, or something similar?
I understand that with BotOcean users only “pay for what you exchange, and that’s it!”, but apart from this advantage, why should an expert trader choose to trade with this platform? if he really didn’t need your predictions since he has his strategy.
Being a project governed by the community, will the community really select the number of exchange pairs existing on this platform? o Bot Ocean is a third-party platform that can be associated with any exchange or swap platform?
the main characteristics that differentiate BotOcean from the rest of BOT are “Market research, Business analytics, Social networks for merchants and Algorithmic Trading “, do you think these characteristics are enough to be able to generate the best results in trading operations?
A bot with hundreds of algorithms tested on historical data is certainly good. But now I see a market completely different from what it was before. Can you read the test results in more detail and find out which strategies are the most correct in your opinion?
On your website you mentioned a phrase that I thought was really very bold: “Beating the market has become real”. You make it seem as if trading is something simple and from my own experience I know that it is not. However, I will take the benefit of the doubt once again and I would like to read what you have to say about it. Does Bot Ocean really make this simple as you say? Or is it just another deceptive marketing technique? I think it is vital to clarify this. Thank you!
Backtesting is vital to be able to fully trust a trading system. So, all the commercial bot’s that Bot Ocean has have been properly tested? for how long?
You mention that you have hundreds of bots with proven strategies from which we can choose. Should we buy them or pay to use them? Or is it totally free?
Losing money by investing in hopeful projects when in fact they are not, is not something new, I think most here at Satoshi Club have ever had that bad experience. So, how can you be sure that Bot Ocean won’t be one more on the “blacklist”? Should we call Raymond Reddington? Or can we trust him completely?
What assets can be traded inside Bot Ocean? Only crypto currencies? or will you dare to get your hands on Forex?
Please tell us about all the benefits we will have on the platform if we decide to become a BOT token holder. Any kind of discount, prizes or rewards?
I read that with Bot Ocean Token I can reduce my commission? How will this be calculated? And where else can I use your token, for example, is there a vote?
What amount of comparable returns and advantages can be expected from your Live Trading Bot? How will its backtested trading strategies factor in our risk level and desired outcomes plus security of our funds?
Uniswap is very popular now. Are you planning to associate the activity of your bots with it in order to attract even more users?
Why did you feel the necessity and decided to include the BOT Token as its functioning is similar to and can be achieved through Personalized Membership-Tier Based Plans paid through fiat or crypto plus incentives?
i’m new to trading crypto, is your platform suitable for beginner or is it only for seasoned trader ? what type of bot will you recommend for beginner ? In your features list, there’s a one-stop trading bots and a live trading bot. What will be difference between the two?
I read in your TELEGRAM, that you have no plan in listing to UNISWAP Or other exchanger. Could you please tell to us the reason?
The botocean is an interesting project, where is your company domiciled currently ? how many trader do you plan to onboard in one year ? Can you explain on the tokenomic of the BOT token ? How much fund do you expect to raised in your public sale ?
I am not familiar with bot, could you please tell how was BotOcean platform work in simple explanation? Is it like we turn on your robot for trading and we got free BotOcean token?
What are communities mean to BotOcean? Did you allow communities to contribute in your project?
Botocean offer so many trading solution, so can tell me what are the benefits of Botocean over trading platforms like Trading view or similars?
What do you hope to achieve with your project? can you tell us all to achieve the goals in your project together.
How will Bot ocean generate profits / income to sustain your project and what is the revenue model?How will it benefit your investors and your project?
What expertise does your Team have in Trading related stuff and Bot Trading particularly and why don’t you have a Trader in your team? Who are your Team’s partners that have their logo only with no names on your website?
Currently BotOcean only provides services for crypto asset trading,
Will BotOcean also support trading for synthetic assets like gold, oil, etc. in the future?
How authentic and dependable is the trading strategy of BotOcean? How can we assure that the money paid with the bot is not wasted? What if we keep in losing in trading even having a bot ? Is there a refund of payment?
How is the pool of traders from which you can copy trades formed and will this traders earn % from each trade I will make using social trading?
Do you have any plans to attract noncrypto investor to BOT?Because it is the success of a project to get more investors who are still not in the crypto world especially as a new project entering crypto.What are the plans to increase awareness about BOT around in noncrypto space?
We have seened lot if trading bots in the world of crypto. All are good I think.In case of BOT OCEAN what is the unique features available in this project? Can you explain about this please…
I heard lot of good features available in BOT OCEAN.”One stop trading bot” is one of that one.can you please tell more about one stop trading bots?
Trading bots have a good future in the crypto world. Many new features including in trading bots. What are the new features BOT OCEAN included in the bots to get an attraction on people?
On your roadmap, in Q2 2021 you stated that you will be “preparing necessary license for custodial investments”. Tell us please what is custodial investment and in what jurisdisctions will this license be valid?
I tried to find the list of exchanges that you are supporting at the moment but couldn’t find it. Can you tell us with what exchanges does your product work and what others will it support in the near future?
Since BotOcean is NOT yet listed in Uniswap or any other exchange, where can we buy BOT TOKEN, does it exist? How can we earn BOT token?
what makes BotOcean so special and different from the others? and what features does BotOcean have can compete and beat other trading platforms?
Suppose one of your providing strategies didn’t worked and the person gets rekt then whom to blame?
On what blockchain did you create your token? What functions will it perform? Do you hope the price of the token will be related to the growth of the company or are there other solutions to support the token?
Can you tell us what are the significant features and edge of BotOcean is offering to traders over popular trading platform like Trading view or alike? Do you provide platform that is more accessible for a user with Zero knowledge trading experience?
What developer tools does Bot Ocean provide to create your own bots? Can a common person without technical knowledge create a bot using your tools?
Bot Ocean has a partnership with Hyve. How does this tailoring contribute to Bot Ocean’s success? What are you basing on when choosing partners?
Trading analytics is provided by professional traders or are they tools for self-analysis, if so, is there something progressively new that can determine the trend with 90% accuracy?
What I get from early access. Can I get a free subscription if I Participating in improving the platform?
What sets you apart from other organizations in your community? From other organizations with similar missions?
How did the team handle some of the market problems and challenges to meet market demands when building a project?
What is the most attractive thing in your eyes about this role with both Ocean.
How do you educate people who dont know and understand about blockchain? While information about botocean Very difficult to get!
How important is the community to the botocean? and how can we collaborate or help botocean for the development of the project?
You said you offer a lot of trading strategies. Which exactly? What exactly do you bring to automated trading? Why should i use Bot Ocean instead of another similar projects?
Currently a lot of crypto investors use phones to work, so does BOTOCEAN have a plan to develop a platform on IOS or ANDROID?