We are pleased to announce our next AMA on November 25th 2020 at 11:00 AM UTC Time: Satoshi Club x BundlesFinance
⚠️Click to see the hour
⚠️Total Reward pool: 200 BUND
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join BundlesFinance Telegram group
We will have the following structure:
Part 1: 30 BUND /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: 30 BUND/10 users – Open chat for 100 seconds. You can post Max 3 questions. BundlesFinance Team will select 10 questions and answer them.
Part 3: 140 BUND – A quiz about BundlesFinance
For more details:
BundlesFinance – @BundlesFinanceDiscussion
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Bundles staking platform launched on 23rd of November at 10am UTC. Can you please tell us how it work? Is it simple as using uniswap or is it comething different? Please share a guide
Investors can suffer a lot of losses in projects with staking. What guarantees does BUND offer to its Investor unlike other share programs?
What advertising strategies have you developed to attract investors to your project and what is your budget?
How many bundles will there be added on the platform, and are there any upcoming features we need to know about?
Do you have a project from other token projects that you feel close to your own?
Why did you choose to show yourself and your team? While other projects do not want to show their identity, Are you trying to show that you and your team are serious about this project?
Is the lead developer of the project public? Do we know who he is?
Will there be any more airdrop?
Where can I see your Whitepaper or find out more details about your project? I opened your website but it is offline. I want to know your project and your team more.
What are the main features of $BUND that make it different over the other similar projects?
What is $BUND goals for the future of its platform?
question:
You predicted that $BUND will stay relevant in people’s eyes in the future.
so,
What gave you the determination and confidence to say this whereas the Defi trend will continue to innovate along with competition?
thanks
There are few projects with the same mission as yours. What makes you peculiar to them and what tangible thing or gift do you intend to bring out to the crypto world?
question:
You are the first to have a “HALL of FAME” board on a Defi platform.
What gave you the brilliance of an idea to implement this?
I think the staking bundle and get reward based off result is awesome
However
For example for those who’s infront with positive gain
Where does the reward comes from?
Does that means the supply will increase?
If not, what happened when 100K bundle is fully obtain
Where does the reward comes from?
I see projects rush into marketing and have pnd shillers. Not good for long term. What marketing positioning is Bund looking to establish itself us in the mind of its users?i see an opportunity where long term, for guys new to crypto they can use Bund prediction game first before getting deeper into uniswap trades. A platform for the masses?Is this something the team has considered/looked into?
Where do you see Bund finance in 5 years from now
On October 27, $BUND finally got listed on Uniswap.
Did you had presale before listing on it? How successful was it, did you reached Hard cap and was your community big and active as it is now?
how long do you think you will be on the project? judging by the fact that you have experience in selling and starting something new
I saw that there’s a”Hall of Fame”. Does the team have any plans to incentivize these positions every week, with say- an NFT? Because like drugs, the effect of being on the hall of fame will tend to wear off especially if it isn’t backed by some sort of added variable reward (that isn’t from your bundle ofcourse)
I see you have a large community. I want to suggest a community fund of some sort where member are allowed to sort of donate anything. From other erc-20 tokens to NFTs or even real life bundles merch . There can also be a sort of VIP club for people who donate, where they can be allowed to make decisions on the future of the project. The membership should have some sort of expiry to keep things interesting too.
how many more coins are you willing to spend on marketing and project recognition?
Have a third party reviewed the code?
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?
Where is your white paper? Do you know that most crypto enthusiast look for project white paper before investing in any new coin?
Do you have any plan who will invest this project early or any special benefits for that?
AMA 1) What are the core features of Bundles.Finance, that make you unique and helps you to outshine other projects?
AMA 2) Where do you see $BUND next year?
AMA 3) What are the two main things you want to accomplish in 2021?
We know that many projects do not reach people due to lack of marketing. What is your marketing system and do you want to develop your project regionally? If so, how?
Does Bundle Finance token have any link with Bundle crypto platform where you buy buy different crypto currencies?
I wanted to see and learn about Bundles Finance and found this on Medium.
It’s not the finished version by any means, it has a few bugs and WILL BE IMPROVED over the next week before the next staking period starts.
We are different from other staking platforms and as this is such a unique concept and every Bundle option chosen has to be stored on the blockchain for security. We recommend not choosing more than 3 currencies in your Bundle.
What makes you so confident Bundles Finance different than other staking platforms as you say on medium? How much time is needed for bugs to be fixed and what kind of bugs are currently active? Why is recommended not to stake more than 3 currencies and how long will staking pools active?
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?
How is the performance of our package calculated at the end of the staking period and what parameters should be taken into account in order to earn more BUND for performance during the staking period?
What factors should be taken into consideration in choosing the package that will provide the best price performance between the time we stake the amount of BUND we want to deposit in the staking process and the end of the 7-day staking period? How is the ratio of the usage price of each currency to the staking pool determined?
You have been developing this project for the last 2 years and how did you decide to build Bundles after the Elevate Health project, how did you work on getting financial support?
The project is a very good one and developed really well so far. However, do you have any plans to continue development so as to stay relevant? Can you share such plans with us?
You have a disclaimer which says “Please note, this is a defi experiment and we are still finalising our platform. Our contracts are currently unaudited”. How soon will you get the contracts audited and what have been done so far to make users be sure of NO RUG PULL?
Wow. I looked at the BUND price chart and was surprised. During the month, the price increased from $ 0.5 to $ 22. The coin is now undergoing a correction. What do you think is the secret of such explosive growth? Or did you have some serious innovations that affected the price?
On your site, I found a section of the hall of fame. But I could not find a description of what this page was created for. Can you tell us more about this ?
could you pls tell about reward from your staking pool and How much % of earn that we will get from the current pool? what requirement do we need to do stake?
What is this token important?
Any info about how to get Bundles token for now? Which exchanges that will listing Bundles Token?
Many people are curious about cryptocurrencies, but they are usually explained in technical terms and a large portion of the population is left out because they do not understand it. Can you please explain in simple terms about cryptocurrencies and how they are a great asset to invest in, including by investing?
In one of your Early articles your Tokenomics indicated that 55,000 $BUND will be allocated for presale I discovered that in a more later article this allocation was changed to 45,000 $BUND for presale and $10,000 BUND to be used as incentives for Holders… why was the presale allocation reduced from 55,000 $BUND to 45,000 $BUND and looking at the fact that no more $BUND will be minted as there will be a fixed supply of $BUND what will happen to your incentivization for $BUND Holders when the 10,000 $BUND which is just 10% of your total supply gets exhausted
you made a statement and I quote “many projects have struggled to maintain relevance for extended periods of time. The reasons for this has been multiple and includes poor use cases, poor tokenomics and straight up rug pulls”…. The only use case for $BUND at the moment that I know of is for it’s staking and Prediction program.. and your Tokenomics is almost no different from that of other projects…. I’m curious to know what use cases you intend to bring into your Ecosystem and the strategies you will be implementing to ensure that BUNDLE does not actually end up in the category of projects you are describing here
You had Plans of having a period of Beta Testing of your platform for your community before launch… was this beta Test carried out or was it postponed because I can’t find any details as regards the beta test.. if this was done what were the feedback if it wasn’t I will like to know why an important period like this was skipped
What is most important about bund tokens. How do I tell others what is most important in this project?
Of all those bundle in your platform, which do you think is the most preferable and profitable of them all? Can you explain how Bundles work? Can you give an example of pairing and how will we get profit from it using Bundle method? Thank you
Can you tell us how to become a winner in Bundle and be posted in your wall of eternity? How to become a member of Hall of Fame? What are the benefits of winners aside from being listed as Hall Famers?
How to track transaction and Bundle Status in Blockfolio? How to access and connect Blockfolio with Bundle Finance transaction? Do we have to download Blockfolio? Why do you choose Blockfolio?
Is KYC needed to use your platform? What for the people that cant submit documents for KYC?
Is there any meaning or philosophy about your project name? Or did you simply use it because it’s catchy?
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?
– What benefits do people in Bundles Finance’s Hall of Fame have? What do I need to be there? Just to be a big holder?
– What progress has been made with respect to the audit of Bundles Finance’s Smart Contract? Have you already contacted the company that will perform this audit? When can we expect to see this big step?
– Is it in the plans of the Bundles Finance team to make an improvement in the User Experience? How will you make the platform easier to use for new users in the DeFi world?
Although I skimmed through some technicalities and numbers here and there, I have to admit I read through almost all of your Medium articles, from beginning to end. It’s not something that I always do – in fact I don’t remember ever doing that.
I was simply “enticed” to do so and I’m pretty sure that what lured me into doing that (aside from the project’s brilliant concept) was mainly one important factor: almost inevitably I felt that each of your Medium articles (starting from October 27th), exuded damn good positive vibes.
In each article, you’ve involved and engaged your user base in every twist and turn decision up until now and moved forward only *after* their consensus.
I truly got the impression that your team is not simply competent but made of truly good people as well, the kind that won’t betray its users trust.
So here’s the not-so-obvious question for you: do you (and will you always) make it a principle to always push transparency and ethics via community votes and decisions? Aren’t you afraid that always resorting to direct democracy (that is, the people’s will) could endanger/hijack the project’s mission as envisioned by the Bundles Finance team, whose members already seem to be perfectly aware of the importance to these principles?
Regading your staking pool, we have to choose the percentage of our staked $BUND that we would like to allocate to each of the 10 cryptocurrencies shown in the pool, right? Is it a requirement to allocate in all of them, or can we choose which ones we want?
Bundles Finance is designed to be a platform that – using your very own words – will unite fun and gamification inside the crypto universe, by having users compete with each other in trying to predict which will be the most successful crypto projects.
As soon as I first read these words, I’ve remembered that throughout the week I had been receiving notifications and e-mails about price prediction contests from various notable crypto exchanges/organizations (and all of them offered big cash incentives for participating).
I suppose that most of the data collected – while kept anonymous – will be aggregated and processed into potentially useful and accurate information for future predictions or even be re-sold, using what’s known in sociological theory studies as “wisdom of the crowds”.
Have you even contemplated the possibility of utilizing these user-originated predictions & information on the Bonded.Finance platform to ensure an additional source of income in the future? What’s your take on the matter?
it’s Bundles.Finance in the last part of the question – unfortunately I didn’t notice until late that my auto correction got involved : P
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
Bundles Finance opened its Staking service the 23th, I was reading a you said that is different from others Staking platforms,so can you explain us how works your “unique concept ” ?
All Staking platforms have differents plans or locking periods, so what are the Staking types based in periods that bundles Finance has? It’s is possible change between plans anytime?
In another question (which if, you’re reading this, was probably not selected), I’ve praised the community-centric approach you’re carrying forward. I believe that involving the community openly and with transparency is *the* truly win-win solution for both organizations and users. Also I’ve experienced firsthand that this almost inevitably reverberates and fosters a positive working climate among team members. I would love to work in a team like that!
So… any chances Bundles.Finance will be accepting new applications anytime soon (either community managers, mods, designers or developers)? : )
Bundles Finance has and “Hall of the Fame” where the best stakers get inmortalised, but the of this top obtain any special prize? Like exclusive services ?
What would you say is your strongest competitor currently? What could you highlight about the features of Bundles Finance that makes it so different and unique from other projects?
Bundles Finance has shown to take seriously the opinion of the community about the future of the project. What kind of events or special activities would you like to perform for the community? Do you plan to including a governance system on Bundles?
Recently you went live on Uniswap and received great support from the users. What’s the next step after this achievement?
As I read November has been a hard month for you, with many tests and corrections on the platform. I ask: What is the status of the platform at the moment? Is it already fully operational? Have you performed the corresponding audits? Or are there some things still pending?
You say you are also a Gaming DeFi, so what kind of games do you plan to incorporate into Bundles Finance in the future?
Initially you were an anonymous project, what was the reason to become known? Community pressure?
Opening the Dashboard I was impressed by the number of zeros. I was not too lazy and counted the number zero on the page 20 times. There are no other numbers. Not at all. I can assume that the tools may be updated now, or they become available under certain conditions … But why nowhere else. no information on profitability? 20 zeros and nothing else …
I went through the audit report from Solidity.Finance. I came across this phrase there: “We pointed out this potential issue to the team and their innovative solution (to be deployed shortly) limits the risk of a compromised key to only 4% of user’s funds “. Naturally I want to know what the problem is and what kind of solution it is to reduce risks
I see you have decided to introduce a competitive component for players. What should be done to receive bonuses and in which pools are they available?
I was able to detail that they have a “Hall of Fame” in which will be the aliases of the users who have bet the most coins in a package, right? Will they receive any additional awards or recognition for it?
Lately each DeFi project has presented audit reports of their smart contracts and their functions, thus giving greater reliability to their users, BundlesFinance have you been audited? or do you plan to do it?
Are each of the packages to choose from in Bundles Finance totally independent? Or can I somehow relate them and thus obtain greater benefits and interoperability?
You guys recommend on your Medium blog, don’t choose more than 3 coins in your package, but really why? Is it because it contains the original errors that will be corrected soon? Or is it that you ALWAYS recommend only staking with only 3 coins?
As Bundles Finance has a totally different betting platform than the ones we know, will this cause great confusion and difficulties in operating on it? where could i get a step by step?
In the mobile version that is about to hit the market of BundlesFinance, can you send your users notifications regarding the value of the coin or the latest news relevant to it?
Could you give us more details about the commercial plans you have with the $ BUND tokens? On which exchange platforms will both CEX and DEX list it? and when?
Bund finance has an interesting concept that requires you to stake bund before you can bet on which bundle will perform the best in 7 days. Why do you choose 7 days ? how much bund do we require to stake to perform one bet ?
I do not understand the reward mechanism below
Top 10% of predictions +3.6% (4% minus 10% Developer fee)
10–20% +2.7% (3% minus 10% Developer fee)
20–30% +1.8% (2% minus 10% Developer fee)
30–40% +0.9% (1% minus 10% Developer fee)
How much does the top 10% of prediction earn , only 3.6% of total staked ?
Thank you
What’s the revenue model of bundles.finance ? How many % of the weekly staking of bund is earn by the platform ? Can If I just hodl bund and not bet on any of the coins ? Has the platform raise enough funds to sustain itself for the new 2-3 years?
There are alot of projects that have a working product but adoptions has always been their barrier for growth, what are some strategies that you are doing or considering to push adoption for BUND?
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?
Gday, simple question guys; Where do you see bundle.finances in a year? The platform itself.
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?
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?
Is there any option to just stake $BUND tokens without going through the cryptocurrency ‘Bundle’ prediction price of cryptocurrency? Not so many investors are good at prediction games and just want to be on the sideline watching their investment grow not gambling with it.
can you give us a decrpition of what makes bundles unique
is thier any plans for bunds to raise more lp or lp incentives for the people
The first thing I saw when I went to your site is a captcha. Immediately there was a feeling of security. How seriously do you take the safety and security of data not only on the platform itself, but also on the data of your users? Where else do you use secure login? And what other methods were involved for protection?
Can you please explain more about BUNDLES REWARD distribution system in your platform? How to get reward in efficient way?
Your team’s tokens are locked for a year. Are there any other sources of income for Bundles development?
What are the ways to get the BUND token? Do you carry out any airdrops and bounties, social media promotions? Where can I get your token right now?
You 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?
I think your staking model is different from other project. On your website there shows “Next opportunity to stake occurs”? Does that means that we can’t stake our tokens whenever we want? And why the timer is 0:00 there?
I just tried to appove a username for displaying in the leaderboard of your site bundles.finance. After clicked the submit button i got a payment request in metamask. It asks to pay 0.54ETH(~$327) for a contract interaction (gas price 46.55 gwei, gas limit 11 805 482 gwei).
Didn’t you think that is too much as for just a registration on your site?
Would i get also any other benefits for these money? Could you clarify what exactly i will get?
“Innovative staking and gaming Defi platform” So, as you say “Innovative Staking” What Innovative technology does Bundle Finance brings in the staking? What’s the difference between staking on Bundle Finance and Staking on other platform?
Q.Many projects rug pulled and exit scam recently. Why should investors trust your project not to do the same?
How many products are there in BUND? And which products are the core of BUND?
“Gaming Defi platform” is totally new to me. Are you going to bring DeFi on gaming? How will you do that? What technology do you have in your hand to make it a reality?
Now i see 13 usernames in the leadersboard of your site. Does it mean that only 13 persons participate in staking so far? If no, there are more – how could i see a complete leadersboard? Do you display this statistics to users?
As i understand, your staking system is like a game where one plays against other, and each could earn as well as lose, but each pays a fee for every smartcontract interaction, doesn’t depen if he win or lose. Is this correct? It looks like a similar game as numerous traditional forex boards offer. So, tell me please, why it’s better for me to use your dapp instead of just to trade by the same assets you offer in bandles? What other benefits will i have with you vs a simple trading by myself?