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
I have two questions:
1.What is AMA and how it works?
2.What is Royale Club and what is the relationship between AMA and Royale Club?
Thank you
AMA – Ask me anything
I think you mean Satoshi club. Royale does not have a ‘club’
what kind of game that royale finance support?
Royale predominantly supports provably fair technology in the iGaming sector
to be honest, i don’t really understand how royale finance works . can you tell me how it works in a simply way?
and also, is it only for online casino?
Gaming seems to be the new crypto craving with a lot of gaming prospect springing up each day, what are the advantages of gamers on your platform? What differentiate you from the rest?
On your roadmap Q4 2021, no gas fees, cross chain compatibility. How does your team aim to achieve the no gas fees and cross chain compatibility?
Your team has raised over $1B in capital, can you share with us some of the partnership that helped attain that number? And do your platform require gamers to complete KYC to utilize it?
Royale is a cross-chain De-Fi solution for the iGaming industry. Our user-centric platform creates Web 3.0 smart-backed liquidity that allows iGaming entrepreneurs to bootstrap innovation with the security and transparency of the blockchain.
How does Web 3.0 smart-backed liquidity provides security for some project? Will it help project funds to not get stolen or will it lock liquidity so investors can trust it?
Please explain this.
From website,
Industry leaders
-Royale’s team and Foundation are leaders in the iGaming, DeFi & Blockchain industries with already $1B+ in capital raised.
Question:
This is very big capital raised, how did you raised $1B+ capital, did you got it with sponsorships and how did you found investors?
Do you plan to solve conflict and mistrust between game devs and players ?
Especially for online games there is huge algorithm war to keep players competing like a crazy instead of letting them earn decently and win/loss in a fair way.
Using W/L ratio and keeping the player addicted to product instead of giving chance ascent..
Im really curious about your criterias for eligible games to be funded ..
Second point Im curious, while getting into game business from currency side, would you give your stakers discount on gaming stuff like subscriptions, in-game purchases even some brands gaming tools ?
You have three option for $ROYA staking program
1. Royale Queens
2. Royale Kings
3. Royale Flush nodes
what are the requirements to be able to participate in these programs; is there a certain period for each of those programs? in short-term, what the advantage we’ll receive from staking $ROYA?
Btw, when Binance?
Royale claims “decentralization” but that word can be relative (e.g. an entity can split into nodes they still control & claim that). Can you offer a provably verifiable proof that Royale is decentralised, trustless & with no dominant party in control?
According to you what exactly is the Problem in Blockchain industry that Royale is solving?
traditional gaming company has a lot of KYC and AML requirement, what’s Royale stand on this ? Is the company domicile anywhere ?
Since you already has your 1st client onboarded, what has been the feedback so far after they tested your POC ?
Your target market is new entrants and existing companies in the iGaming sector globally. New entrants have limited access to liquidity and do not have sufficient reserves and also existing companies that need short term liquidity requirements to build new products or enter new markets.
How does royale review all this proposal by this company before releasing the funding ? What will happened if these companies or project fails ? How’s the interest of your investors be protected?
What type of realistic returns can we expect by providing liquidity to these iGaming company?
Your telegram community is not so big but new .I checked your twitter reached 1000 followers recently but why I am mentioning this is your project appears to be with $1B capital but how were you able to raise without creating community and community support?
Q1. Royale is a token dedicated to gamers, and gamblers mean it is profitable for them. Then for investors, with the royale investors can hold or trade it, but for those who don’t understand crypto, including the royale, can they feel and enjoy the benefits of its presence
Royale?
Q2. As we know Coinbase is a large exchange and has millions of followers / investors.
Any project if you want to be registered there must go through very strict procedures even exceeding Binance, yes … it has been proven that many projects are listed on Coinbase and have increased prices even more than 200%, of course the Royale community hopes Royale can be listed there and features does Royale have that might make Coinbase open the door?
Q1. Royale is a token dedicated to gamers, and gamblers mean it is profitable for them. Then for investors, with the royale investors can hold or trade it, but for those who don’t understand crypto, including the royale, can they feel and enjoy the benefits of its presence
Royale?
P2. As we know, Coinbase is a huge exchange and has millions of followers / investors.
Every project that wants to be registered there must go through very strict procedures even exceeding Binance … it has been proven that many projects are listed on Coinbase and have experienced an increase in price of even more than 200%, of course the hope of the Royale community being registered there and what features does Royale have that might make Coinbase open its doors?
Royale finance private round has overwhelming response and you are still whitelisting candidates. If anyone wants to join the whitelisting, how can they join and what is the minimum and maximum amount investment for private round?
Online betting and iGaming is the more popular now. I know also $ROYA include with this platform. Can you tell me details about your Online betting and iGaming? How is it bring more profitable for $ROYA investors?
You have plan for No gas fees, cross chain compatibility, iGaming aggregator on Q4 2021. How will you be done that all this process within just 1 year? Please Could you tell me details about your this plan?
How does Royale unleash the potential of iGaming with iGDeFi? How do you maximize the benefits of iGaming through your platform? What are the differences between the protocols of the centralized platforms with respect to iGaming and the revolutionary protocols used by Royale?
One of Royale’s goals is to accelerate the adoption of fair technology. But what strategies will you use to achieve this? What types of technologies do you plan to promote so that they are adopted by all? Do you have partnerships with companies interested in this project?
Royale offers an immutable, secure and transparent iGaming. My question is, what security protocols do you use to make your iGaming model 100% decentralized and reliable? How do you guarantee that these three characteristics are met within Royale?
What are the disadvantages of centralization in the sector? How will you implement DeFi’s pooled liquidity models and governance structures to accelerate iGDeFi’s growth in eliminating the lack of trust between iGaming platforms against creating an oligopoly that prevents new projects from competing?
How will you get more funding to continue developing the Royale network and how did you fund the first group of iGaming entrepreneurs so far?
How do you evaluate the partnership you have established with the cryptocurrency consultancy and investment management company Vendetta Capital, and what strategic issues will you work with to ensure sustainable growth through the partnership?
1. Why DeFi in gaming? Shouldn’t the gaming itself be self sufficient for the revenue?
2. What kind of games will be in Royale Finance?
3. “Provably Fair Technology” what does it aims for? How does it works and will it be helpful for the small gamers?
A hearty congratulations to Royale for the successful completion of a $350,000 seed round. How was this huge amount raised and what does Royale intend to do with such huge amount?
iGaming Entrepreneurs can apply to borrow funds from Royale liquidity providers to bankroll their platforms…. What conditions must this entrepreneurs fulfil before being allowed to borrow from liquidity providers in your platform…How do you ensure that Fake entrepreneurs do not take advantage of the system absconding with users Funds after borrowing from your platform…
You acknowledged some vital points in your article that Raising funds for a bankroll takes time, is complicated, and must be able to quickly scale to accommodate the volume played on the platform… considering the fact that you intend to Help raise bankroll Funds for not just one but multiple projects I imagine that if it will be difficult for a single project to raise funds for a bankroll how much more difficult will it be for a single project to do that for multiple Projects….knowing how difficult and how long this might take, how do you intend to ensure that your project can quickly scale to accommodate the demands of Multiple projects you will be handling in the future… do you intend to limit the number of projects you will handle to deal with this issue?
In my opinion, Royale will be the first platform to focus on iGDeFi. This to me is a major advantage. What plan is in place to sustain being a leader in the iGDeFi industry and what plans do you have for early adopters of the platform?
You intend to distribute $ROYA, which is the governance token of the Royale ecosystem to your liquidity providers through liquidity mining programs…. can you tell us examples of Liquidity mining programmes you will be launching and when will you start rolling out these programmes so that users can start getting the $ROYA tokens??
The current constraints of technology as well as barriers to entry for both users and iGaming entrepreneurs have throttled the development of iGaming industry which is projected to reach $127 billion by 2027. How does Royale aim to overcome these barriers for users and iGaming entrepreneurs? Is Royale really prepared to lead the way?
What are the benefits of #ROYALE holders?
What is the main difference between #ROYALE & other projects?
Today’s iGaming is led by centralized companies and its trend is clearly upwards, so I wonder what are the advantages of decentralizing it? Who benefits from this? What are that “world of opportunitys” that you say iGDeFi will bring?
Tell us about the recent $350,000 funding that Royale has received. Who were the investors? What do you plan to invest this money in? What are the next steps?
What is the importance of the community within Royale and what are the benefits of being a $ROYA holder?
– What solution does Royale Finance provide for game developers? Will it be like building on top of the ETH network or are you planning to create an alternative blockchain?
– From your point of view, what are the advantages of building a Decentralized Game instead of a centralized one? Wouldn’t it complicate the way to make the updates to the game?
– What is Royale Finance’s approach? What kind of games do you expect to host in this project?
What are the prerequisites for a new iGaming venture to receive funding from Royale? How do you verify that you are a serious project and not SCAM?
Where will Royale’s initial financing come from? Do you have the ability to provide a substantial loan from this point on if an iGaming entrepreneur asks for it?
Tell us a little bit about your profits. How much interest will Royale charge for its loans, and how long will it take to collect them?
Royale Finance Unleashes iGaming Potential with iGDeFi How was this achieved?
Royale is a cross-chain DeFi protocol that focuses on the iGaming industry. The project features a platform for smart-backed liquidity, which allows entrepreneurs to bootstrap innovation with blockchain’s transparency and security.Please explain to us what is appropriate for the security of the platform?
Royale is a decentralised industry-focused lending protocol. Its purpose is to create Web 3.0 smart-backed funding solutions using DeFi primitives in order to support the innovation. We call it iGDeFi.
I did not understand what this meant iGDeFi! What does this phrase mean?
Q: Recently #ROYALE Finance partnered with Vendetta Capital,What advantages will this new partnership bring to the platform and users? How will Vendetta Capital, contribute to the improvement of the services they provide?
You say that you will provide “Fair Competition” against “Oligopoly”. How will you achieve this? Will you limit investors or do you have a better plan?
Are your games created only by the team behind the project or could anyone technically participate in the game-making, considering the decentralized nature? What kind of requirements would there be in order to do that?
All tokens go down in price even with great partnerships,
hype,marketing, and working products,etc
So, what the challenges are you facing now and the plan
to make #ROYALE financial strong and popular in crypto world in the next 1 year?
saw in your website its igaming, what games it offers? Like casino?
As individual user, what ways can I contribute to the development of Your $Royale finance Project? Do you have Ambassador programs and What is its benefit?
Royale Seed Round just ended few days ago. How is the result, have you raised what you have expected? And next step, can you tell about your plans for public/private sale?
The Q4 of 2020 says that Royale Will have its own app, so can we know How is gonna be? Will be a full app or a WEB3 application?
Royale is built around the igaming definition but I don’t understand this concept, so can you explain what are the differences between igaming and a normal gaming?
Royale recently has completed successfully its Seed round, so what is next? Presale or public sale?
Corona virus makes us have to be at home and have to go online. Do you see this as an opportunity for your project? If so, what strategies would you use to take advantage of this opportunity?
Royal Finance is included in the Five Most Promising DeFi Projects of End of 2020. What are you doing to achieve this? And of course, what are you going to do next?
Are you the first to create a project like this? Where did you get this idea?
Your team begun the research and development on the igaming sector way back in 2016. Can you share us the achievements and the innovations that your team already applied in the project’s development. When did you start to integrate DeFi in your research and developement and turn it into Royale Platform?
You say that the emergence of new DEFI tools will help overcome technological limitations and barriers to entry for users and entrepreneurs in the iGaming field. It is very interesting to know what is stopping them? What problems are you solving?
One of Royale Platforms’s five pillars is the “Honest iGaming Aggregator”. Can you please tell us how will players / users will be able to actually check this honest iGaming system of yours to see that this statement is true and not another marketing ploy.
Explain to an uninitiated person what the bankrolling Royale service is, how can it attract new players to the industry, and what is the role of the Provably Fair game suite in this?
You are planning to launch a new defi gaming platform in December. What are the special facts about it and what new project is going to be started in the future?
I see that besides Executive and Development team, Royale Platform have their set of Foundation Council members that possessed amazing backgrounds and experienced in their respective field. May I ask what is the role and contribution of the Foundation Council and how many percent of the tokens ( Initial Token Distribution ) are allocated to them?
Can you explain more about the Provably Fair Technology that being used by Royale? How this algorithm works in your platform? How fair and secure is this technology especially to the users and gamers on Royale?
Right now Royale Finance still doing Private Sale with minimum invest $2000 and maximum $5000.Actually I interested to invest more than $5000.Can you give the reason why Royale Finance not allow us to invest more than $5k?
In Royale Finance’s tweet page, what is the phrase # lockdown2020? How does it have to do with or affect #iGDeFi and #iGaming? What will those two factors change for Royale Finance?
Royale Finance is a new product of Defi? Because I saw Royale Finance was born because the number of members in your telegram and twitter group is less than 2k people? So before entering the Defi market, have you thoroughly researched or practiced in other projects to know more about the difficulties faced in the Defi market?
Royale Finance is the pioneer in creating the iGDeFi path. So everything is new, there will be a mistake? And because it is different from others, it will be difficult to attract people to know and use. So do you have any solution for this? and what is TGE? what about EOY capabilities? it has nothing to do with #iGaming and #iGDeFi if we change it?
Royale Closes $ 350,000 Seed Round to Disrupt the iGaming industry
So what benefits do you have in doing this?
I don’t see NFT in your Project
if you are a Game project, all Game projects have an NFT
You enter Defi and Game so what kind of game in your project. ? advanture, game farming, war game.
I see that Royale Finance is doing Private Round sale, what time it will be finish? How to join in your Private Round, are there any guide/link to enter in there?
I don’t understand how your liquidity pools can help founders of startups who don’t have money. Let’s say I created an excellent game product, of course they don’t take it to large platforms, since I don’t have money for audit and, in principle, I’m new to this area. I accidentally I find out about you … And what next? Will you give me money? Teach me how to make money? Introduce the right people?
What is Royale Finance market target? Do All igaming company can join and make a partnership with Royale Finance? Are there any requirement / specification for that company?
On your twitter said iGaming company can apply borrow funds from Royale liquidity providers to bankroll their platform, so how many % fee that company must pay to you when they paid back borrowed funds? How if that company can’t paid back and went bankrupt, what will Royale Finance do?
Rephrased from one of your publications on Medium, it’s stated that Royale will make a fair, competitive and transparent bankrolling service to budding iGame entrepreneurs. How does Royale intend to make these fair and transparent decisions amongst the numerous number of interested iGame enthusiasts and platforms?
There are a host of other tokens with similar use case within the Defi space which offers same or close functionality as yours,
Therefore, what makes your native token ROYA different from others?
1. How will $ROYA (Royale token) be used in the iGaming industry?
2. Also how is this planning to migrate to polkadot network after being built initially on Ethereum network; will there be a token swap?
What actions does Royale develop to support iGaming industries with DeFi? Are you planning to release a new native token to your platform?
ROYALE aims to be:
– Secure
– Immutable
– Transparent
How do you prove that to your community?
Is Royale finance only related to online casinos? What other kind of iGames can be supported with Royale’s DeFi technology?
You brought a completely new product to iGaming. And where big money has to be and serious guarantees. Whose authoritative support have you already secured? What is your confidence in the project’s success? Are you ready for legal, financial and technical difficulties?
Looking back at the whole year of 2020, what is your best achievement you are most proud of? What are the key points that your project must achieve next year in 2021? Why did you choose it?
As you know, it is very important to get the support of the community in the projects. Can you tell us the most important reason for supporting the your project?
You present as iGaming + DeFi = A Brand New World of Opportunity. Can you talk about the strengths of the combination of iGaming and DeFi?
I was interested in the item on your site Pitch Deck, but I could not get into it. I needed to enter my email address. Why did you do it? Do you want to protect yourself from fraudsters this way? So people can create thousands of fake email addresses …. Or will these addresses be subscribed to some sort of advertising subscription?
“The iGaming industry is expected to reach $ 127 billion by 2027.”
What are your predictions based on? After all, there are certain barriers to entry for both users and entrepreneurs in the iGaming industry that are holding back this development. How will you overcome these difficulties and develop further in this direction?
Someone names their project after their favorite movie or favorite food, someone copies the name of a popular project and simply changes the letters in places. How did you come up with this name for your project?
Currently, the most recent highlight event is the launch of the ETH2.0 wallet. So ROYALE FINANCE has known this news yet? Did you plan on partnering with ETH2.0 to stay ahead of other competitors? And if so, how long?
What would happen if for some strange reason one or two of its main pillars are broken? If, for example, stability is lost, what would be the solutions?
If I have in mind to create an online gambling website, the company Royale.finance, could you finance the project for me?, imagining that an interest will be charged to the debt
Is royale.finance a true option for large entrepreneurs ?, explain your answer.