Month: November 2020

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

We are pleased to announce our next AMA on November 26th 2020 at 04:00 PM UTC Time: Satoshi Club x Flare Finance

⚠️Click to see the hour
⚠️Total Reward pool: $1000

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Flare Finance Telegram group

We will have the following structure:

Part 1: 150$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2: 150$/10 users – Open chat for 100 seconds. You can post Max 3 questions. Flare Finance Team will select 10 questions and answer them.

Part 3: 700$ – A quiz about Flare Finance

For more details:
Flare Finance – @FlrFinance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on November 25th 2020 at 04:00 PM UTC Time: Satoshi Club x Node Runners

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Node Runners Telegram group

We will have the following structure:

Part 1: 10 NDR /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: 10 NDR/15 users – Open chat for 100 seconds. You can post Max 3 questions. Node Runners Team will select 15 questions and answer them.

Part 3: 6 common cards $1200 (market value) and 2 rare cards $1600 (market value) – A quiz about Node Runners

For more details:
Node Runners – @node_runners
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Today we are glad to tell you about the AMA session with our friends from Debaseonomics. The AMA took place on November 15 and our guests were @icocountdown, @VidarTheAuditor and @anon18382.

The total reward pool was 1000$ 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 Debaseonomics! @icocountdown, @VidarTheAuditor and @anon18382 welcome to Satoshi Club. 😀

Icocountdown: Thank you for having us, we really appreciate it.

Mary | Satoshi Club: …you can start now with your introduction 😀 and of course with introduction of Debaseonomics.

Icocountdown: For sure, so debase is based on monetary policy for sure so debase is based on monetary policy, however the governance of compound it allows dictation of monetary policy, so its extremely dynamic you can change oracles with governance and dictate pegs as well, we also have stabilization pools which allows for less fluctuations with liquidity mining incentives, you can also just mine it with DAI. Without any risk since we have retained the auditor https://twitter.com/VidarTheAuditor/status/1327009463728033798?s=20 this is the newest audit that we have and we are working on cybersecurity deployment directly with the auditor in the world currently there is alot of debasement this means that inflation is happening, so its important to work on a decentralized federal reserve.

VidarTheAuditor: I am helping the team in securing the deployments.

Mary | Satoshi Club: Can you give me examples of debasement in the world?

Icocountdown: yeah well right now currency is inflating due to covid 19 and otherwise this is due to central banks printing capital, since they have to give the populace aid, when this happens inflation occurs, debase gives people a chance to look at whats happening in the world and change governance models, so if inflation happens it will be important to deflate the currency.

Mary | Satoshi Club: It’s like you will burn a part of the money?

Icocountdown: No we don’t burn money we make choices about governance structures, there is too components, the DEBASE coin and the DEBASEgov coin. The rebase coin works to a peg which is pegged to dai which is the dollar, the debasegov token and the debase coin generally. So what happens is people determine through the governance token what to do with the monetary policy of the debase coin and then think that users in a decentralized way can change oracles and monetary policy.

D. | Satoshi Club: So you have two tokens?

Icocountdown: Yes, one is the governance and one is the monetary supply itself, DEBASE AND DEBASEGOV tokens, you can see it on the website along with all the contracts.

D. | Satoshi Club: Both these tokens in circulation?

Icocountdown: The debasegov tokens are not, there is two pools currently, one is a dai pool when you mint the intiial tokens which is DEBASE, and a second pool DEBASE/DAI UNI LP 2 tokens where you can mine also, obviously the second pool is riskier due to impermanent loss. However you can unstake both at anytime, you will be able to farm the debase governance once initial mining ends.

Q1 from Telegram user @iulya_i

I was trying for 10 times to remember the name of your project. It is quite hard. How was the process to select it? I propose you to make a rebranding to make it easy to remember.

Icocountdown: The name is based on monetary currency value to debase a currency means to make it lose its value, so i think its fitting we keep the name as inflation is occurring in the real world and people need a hedge so i dont think we will rebrand it.

Mary | Satoshi Club: Ok, do you plan to educate your users? May be some simple educational articles?

Icocountdown: Its already done, we do this daily and tell them what the project is and why it has a format we have a medium here and this gives some educational construct.

https://punkunknown.medium.com/uniswap-and-elastic-supply-tokens-troubled-co-dependence-ba3ecfcfcc76

This is the most recent article about uniswap and co-dependence if you want to ask more questions you can talk to us on telegram directly and we can educate here https://t.me/debaseonomics

Q2 from Telegram user @nadynas

How can you incetivize the DEBASE hodlers to stabilize the price? Does it mean that you intervene with incentives when the price is low?

Icocountdown: So we have stabilizer pools which the governance token determines you can see this on the website, mining/farming is not finished yet we incetivize users with zero risk through audits and free coins, we cannot intervene with incentives the governance token is mined and user owned, users dictate the monetary policy, there was no presale or premine / prefarm, you can see this here on the website and learn more about it. https://debaseonomics.io/

Stabilizers are custom pools built and approved by governance to help reward behaviors that could help stabilize DEBASE to its target price in the long or short term. These pools will initially have no funding and will have custom triggers that will be checked against, during every rebase. If an approved pool’s conditions are met, then the policy contract, which initially contains all 90% of Debase tokens, will transfer funds to the stabilizer pool (reward amount is configured by governance during approval). The pool can then use its own unique strategies to distribute these funds.

An example of a simple stabilizer pool that is currently launched counts the number of times debase hits its target price when a rebase happens. If the count goes above a configurable threshold, then the stabilizer pool will be funded with a configurable amount of Debase tokens to be rewarded to the community. To earn this reward, the community will be staking in Debase/Dai-LP tokens, providing more long-term liquidity when the distribution pools have dried up. The neutral rebase count can also be configured to reset its count when the target price is not hit during a rebase.

Other examples of potential pools include one where users will be rewarded wrapped DEBASE tokens with specialized time-based behaviors to incentivize it’s holding or selling when DEBASE is not at its target price, or pools that encapsulate behaviors used by other rebasing token like random rebases implemented by RMPL. Finding the ideal solution to the price stability of DEBASE will be main focus of the community and governance going forward.

This is the methodology of stabilization with the pools they earn coins from contributing to stabilizer pools.

D. | Satoshi Club: When mining/farming will be finished?

Icocountdown: It will be around 6-8 days initial supply is around 95k, halving happens everday like bitcoin, bitcoin doesnt halve everyday but we use the halving procedure bitcoin halves every couple of years :3, we used halving to incentivize the mining.

Mary | Satoshi Club: And which feedbacks do you now have from your community? Do they enjoy mining?

Icocountdown: Yup its free capital, anyone can mine if they have dai with extremely low risk since we paid for audits and if they want to be apart of the governance structure they can be mining for the governance token hasn’t started yet.

Q3 from Telegram user @ibramladen

Why you have decided to start the rebase at least 1 week after the launch? What advantage is given by this?

Icocountdown: That is when mining ends, so there is 95-100k depending on mining and halving, 95k is the end basically and thats when the rebase starts then there is 900k that goes to stabilization pools all this is decentralized and automated with contracts as per our audit, mining / farming same thing essentially.

Mary | Satoshi Club: Didn’t you think that it is very short term?

Icocountdown: No because we see that this is needed in the world now, longer periods of mining is boring and not super interesting only apart from bitcoin and Ethereum traditional proof of work for coins like bitcoin and ethereum is now down to large mining farms and we need to gain attention for the project quickly and succinctly.

D. | Satoshi Club: So final supply will be 95k tokens and after end of the mining this supply can change depends on rebase?

Apple Cider: Debases total supply is 1 million. The distributed part is 100k. As rebases happen the supply changes. In doing so holding of each holder.

Mary | Satoshi Club: So, if i have, for example 100 DEBASE on my wallet, tomorrow i can have 99 or 101?

Apple Cider: Easiest way to think of it is. Like. Say you have a pie of some set size and every has their set pieces in the pie. When a rebase happens. I give you a new pie but in the pie you will get the same sized pieces as before. So you always own an equal % of the token no matter the supply.

Icocountdown: Rebases have started yet with DEBASE, you have to wait until the end of the mining period at the end of the mining period it uses the UNISWAP oracle currently which can be changed, so your coin amount at this current value will go up.

Mary | Satoshi Club: Do you plan to list DEBASE in the future on CEXs?

Icocountdown: Its completely open source but we have been in contact with some exchanges that are interested in listing, but again anyone can add it and i believe because of its decentralized nature it will be opportunistic for them to list it, * centralized exchanges.

Mary | Satoshi Club: As i know rebase tokens cam have some problems with CEXs listings, or let’s call this issues?

Icocountdown: Yes for sure they cannot be added currently since users get annoyed by their devaluation i believe and inflation however we are fixing this with the stabilization pools this is the idea of the project we are aiming to be the primary decentralized stablecoin in the market.

Mary | Satoshi Club: At which price you want to be stable?

Apple Cider: Our current target is 1 Debase: 1 Dai, but this can be changed with governance.

Q4 from Telegram user @boeingbadge

Asymmetrical lag seems to be a mechanism that will be governed by the community. Can you tell us firstly if this action does not require some special knowledge on part of the people deciding, and where do the funds for it come from?

Icocountdown: That is built into the code already, the main rationale is understanding it and what it does, so this is the definition of it:

Debaseonomics allows for the governance to adjust the smoothing parameter (Rebase Lag) over configurable ranges that is applied in-order to dampen supply changes during a rebase. The rebase lag can be configured to behave in accordance with both the amplitude and sign of deviation between the current price and the target price thus allowing for asymmetric lag. This flexibility prevents the protocol from increasing or decreasing the supply too fast if suitable to circumstance. For instance, say the supply needs to increase by an addition of 1000 DEBASE tokens to account for the price difference from the target price, and governance has configured a lag parameter of 20 to be applied for the supply change range of 500-1500. Here, the supply increase will dampen by a factor of 20 and to reduce the supply increase to 50 Debase only. Thus a dramatic increase in supply will not be seen.

On the other hand, if 10000 DEBASE tokens are to be added in rebase, a lower lag parameter of 5 can be used to lessen the smoothing effect on the supply change. In theory, this enforces a more dramatic supply change (and presumably, price change) relative to the previous example.

Apple Cider: The simply when we change the supply of the token. If the supply is too dramatic it will cause shocks in the price of the token. So say we increase the supply from 1000 Debase to 2000 Debase. Having a 100% jump is supply is not advised. So the lag parameter is there to dampen the supply change, what asymmetric lag does is that say. …Debase is current priced at 2$, meaning its 1$ far away from the target price. So we would want to induce a big supply change.

So that the selloff action can induce the price to go down. So our lag damper would be left. Meaning sharp supply increase. More likely to give a drop. Now if the price is at 1.5$

Icocountdown: It can scale up and down due to the governance essentially and is slowed due to supply shock a lot like tether where supply is increased however this is decentralized and community run. Its to stabilize essentially so the market can react in due course.

Apple Cider: We would apply a bigger lag damper. So supply doesn’t increase too much, If it did the price would over correct to below the target. The think of it like ranges of lags to apply at different pricings.

Mary | Satoshi Club: So, it will correct community decisions if they would be extreme? Or i still didn’t get it? 😂

Icocountdown: It doesnt give an intial supply shock of huge amounts up or down either way. It goes up and down gradually essentially, if supply is increased or decreased, so the market doesnt get too constricted or flooded.

Apple Cider: The idea of correctness would depend on the performance of the coin, meaning governance could add a lag parameter.

Q5 from Telegram user @piccoloclub

You have Ampleforth white paper on your website, but don’t have your own. Are you somehow related to this project and don’t you find it strange to lack a whitepaper?

Icocountdown: The whitepaper is listed because we forked the ampleforth codebase along with some other codebases and modified them along with COMPOUND and others, the whitepaper is the website, all the data is on the main page of the website along with individual contracts, that anyone can verify and audit the main website is the whitepaper. https://debaseonomics.io/ the main site contains all data as a whitepaper along with a verified and audited codebase.

Mary | Satoshi Club: But you have your own concept, right? Didn’t you think that you will need your own White Paper?

Icocountdown: As i said, the whitepaper is the main website, it defines everything including data and the verified codebase.

Apple Cider: The rebasing model is based upon Ampleforth. The governance model is based upon Compound Finance. The point here is that contracts have been tried and tested. So building your code upon good work.

Icocountdown: We also use the oracle system from uniswap, currently but that can be changed or hybridized.

Q6 from Telegram user @Miki_mik

On your Twitter, it’s said by one of your followers that debaseonomics is actually a re-launch. Can you tell us more about this? Is it a project started some time ago that is being brought back to life?

Icocountdown: There was an initial problem with the codebase, which was a rebase bug, which was for 5 mins. That could have sent it to 0 if a rebase happened every 5 mins below oracle levels it would have killed the project. we then we gained venture capital investors and paid for multiple audits and retained @VidarTheAuditor, so that the cybersecurity component is positive for everything.

Mary | Satoshi Club: And now everything is correct)? Can you share link to his audit with us?

Icocountdown: So we paid him and then he analyzed code and we deployed again and did a range of security audits. https://twitter.com/VidarTheAuditor/status/1327009463728033798?s=20

This is the latest audit this it the second, https://ipfs.io/ipfs/QmQaAhGEfWtNhHNFKpN6xSJS3PZxidA9RncGm1YfiVdDuA?filename=Debase_Review_v2.pdf here is the link hosted on IPFS for the latest audit this will show you all the vulnerabilities and how they were fixed.

Mary | Satoshi Club: Thank you) And one more question – you know that there is nothing ideal in this world. If something will happen that will lead to your users losses… Have you think about something like insurance fund?

Icocountdown: Our insurance fund is the auditor and just using DAI for mining since there is no risk, everyone that wants to mine can and extract at anytime there is no timelock for mining, also high grade graphic user interfaces to there is quick extraction if needed.

Mary | Satoshi Club: Btw, i missed one part) Which tokens you locked with TEAM?

Icocountdown: https://team.finance/view-coin/0x9248c485b0B80f76DA451f167A8db30F33C70907?name=Debase&symbol=DEBASE

https://medium.com/@icocountdown/tezos-aml-kyc-tokensoft-io-due-diligence-5e101fb968df

https://medium.com/@icocountdown/due-diligence-pack-for-qtum-7369ef48917b

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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 guests chose some of them.

Q1 from Telegram User @Rebel99

Debase slowly increases the amount of tokens a user holds instead of increasing it abruptly to minimize the effect AMMs like Uniswap have on the price of the token when a rebase occurs. What happens in a situation the rebase amount hasn’t been fully added and the price has already gone in the opposite direction prompting a contraction?

Icocountdown: Rebase amounts will be added no matter, its in the code we cannot control that its already deployed if a contraction happens then the supply decreases and it works like ampleforth in that coins in users wallets will reduce. So it will be over time, allowing the market to adapt to the new governance and allow the market adapt to the supply decrease.

Apple Cider: To further answer this question. Please review this article i wrote yesterday to explain and try to solve this exact problem https://punkunknown.medium.com/uniswap-and-elastic-supply-tokens-troubled-co-dependence-ba3ecfcfcc76

Q2 from Telegram User @rockmorti

Some past projects based on these rebasing mechanisms, despite their reduction in supply, the net worth of the holders has dropped considerably and they have abandoned. My question is how Debasenomics intends to keep the demand for tokens strong to avoid depreciation in the token?

Icocountdown: To answer this question, we have stabilization pools to keep 1 DEBASE / 1 DAI so there is mechanisms and inbuilt governance to peg to whatever the users want, to react to economic variables throughout the world with regard to demand its the idea, if you can be a central bank. I would like to own the governance to become a central bank for a stabilized crypto synthetic asset, but its the users choice.

Q3 from Telegram User @huyenvo

Marketing is a central element for every project, so that everyone knows the potential that a project can bring is vital to achieve the goals set. What is your strategy to attract new users and Investor to Your platform and keep them long term?

Icocountdown: We are doing many AMA’s and are gonna work with vc’s like the ones we already have, we are aiming for real world adoption of synthetic assets to help with stabilization of portfolios, we will keep marketing and not let the project die as the concept is just too good to ignore, we will also work with crypto twitter and many others and centralized exchanges and decentralized exchanges, however it does need users to be involved and people that care about monetary policy but we will not stop. With auditing there is little risk so your alpha is increased alot as its basically free capital and free involvement.

……: Well a lot of people think marketing is paying influencers to market the product, but this does not build sustainable volume and leads to short term huge price volatility (PnDs). So we will not be doing that ever. What you really need is sustained volume, and lowered cost of entry. This is achieved by the success of the code, interested parties who are actually invested in Debase for the long run and lowered cost of entry. Cost here doesn’t refer to price, but the idea of how efficiently can someone decide if they want to invest in Debase or not. Which is why we do the Medium articles, as a simple explanation to what Debase is. so people can understand quickly their investment decision. Tbh there are only like 5 questions that people ask over and over to us, so we explain those 5 things well. Then people can decide.

Q4 from Telegram User @brodzonl

DEGOV token has one staking pool. This pool will only be available to people which acquire Debase-DAI-V2 pool tokens by staking into the Debase/DAI Uniswap pool.These pool tokens can then be staked into Degov/Dai-Lp pool to earn DEGOV tokens. Getting to DEGOV tokens seems very complicated and these tokens are used for voting, so is there any way to buy DEGOV tokens and not to get them with staking trough all these pools?

Icocountdown: Degov does have one staking pool you can just buy them when they are added to the uniswap market, if you don’t want to mine/farm it, however I don’t know how valuable they will be when they hit the market, game theory dictates that if you have a good product people will want it and again I want to be the central bank, I don’t know how many others want that, but we know inflation is occurring in the world so I can’t give financial advice but as this project moves forward with a fully audited concept I would believe the value and perception increases but it’s not financial advice we cannot give that. To get DEGOV tokens you can just mine with DAI and take you alpha and stake it into the secondary pool which is the DEBASE/DAI UNI V2 LP pool all that alpha is free if you have DAI your cost is impermanent loss.

……: The reason why Degov is not say just airdropped is because, people need to be actually invested in Degov so they will be incentivized to make the best decisions for Debase. Mining encourages that the distribution of Degov to be in hands that will actually want to do the work of governance.

Q5 from Telegram User @HurricaneLad

Everyone loves DECENTRALIZATION. Why do you design your rebase, price target, price oracles, rebase lag, to be completely controlled through governance? Don’t you think that this process encourages CENTRALIZATION, hence scaring potential investors?

Icocountdown: Its decentralized because anyone can own the tokens and mine for free alpha there is no premine or presale, so anyone can mine it or buy it or sell it that’s the purest form of decentralization to let the users decide and the owners of the token. If you hold something you can dictate theory. Game theory is active here as there is economic incentive people that own tokens have highest incentive to be vigilant.

……: Yea, decentralization is only a meme IF the stake holders are not actually interested, so you need to strike a balance between avoiding centralization and creating some barrier to entry. We think fair launch mining achieves that. It is also in the interest of governance to be seen as fair, and since the governance is flexible enough to be changed. Governance parameters will be changed to ensure that is always the case and there is no centralization to favor a few actors.

Q6 from Telegram User @zaferce

Can community supporters decide what types of balancers to include with DEBASE to control the protocol and how to reorganize the protocol in general? How will governance be implemented in the selection of delegations?

Icocountdown: To answer this, this is the stabilizer pools which the community votes on:

Stabilizers are custom pools built and approved by governance to help reward behaviors that could help stabilize DEBASE to its target price in the long or short term. These pools will initially have no funding and will have custom triggers that will be checked against, during every rebase. If an approved pool’s conditions are met, then the policy contract, which initially contains all 90% of Debase tokens, will transfer funds to the stabilizer pool (reward amount is configured by governance during approval). The pool can then use its own unique strategies to distribute these funds.

An example of a simple stabilizer pool that is currently launched counts the number of times debase hits its target price when a rebase happens. If the count goes above a configurable threshold, then the stabilizer pool will be funded with a configurable amount of Debase tokens to be rewarded to the community. To earn this reward, the community will be staking in Debase/Dai-LP tokens, providing more long-term liquidity when the distribution pools have dried up. The neutral rebase count can also be configured to reset its count when the target price is not hit during a rebase.

Other examples of potential pools include one where users will be rewarded wrapped DEBASE tokens with specialized time-based behaviors to incentivize it’s holding or selling when DEBASE is not at its target price, or pools that encapsulate behaviors used by other rebasing token like random rebases implemented by RMPL. Finding the ideal solution to the price stability of DEBASE will be main focus of the community and governance going forward.

These are custom pools, if you want to re-organize the protocol you need DEBASE/DAI LP2 UNI to farm the DEBASEGOV tokens which hasnt started yet. It’s on a protocol level the project is already done and gone through multiple audits. So there will be a gui where you can dictate the governance directly to the protocol to those that are not familiar with coding methodology, but you must own the tokens and must sign for them directly through a wallet like metamask to implement changes, you can also increase/decrease supply you can do anything with the token you can also peg it to other constants and hybridize oracle systems. DEBASE governance holders can also add pools for stabilization, the first instance of this is what we are currently discussing is DEBASE/ETH pools and DEBASE/BTC pools for stabilization and then we can layer down with synthetics like USDT/DEBASE, USDC/DEBASE and layer down to create stabilization through synthetic assets. Here is our website https://debaseonomics.io/ and here is the telegram https://t.me/debaseonomics and you can learn more there and ask the developers and community and decide the future.

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PART 3, QUIZ AND INFO

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about Debaseonomics. A link to a Quiz form were sent into the chat. Participants had 10 minutes to answer. 700$ 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:

Debaseonomics: https://t.me/debaseonomics

PART 1. Introduction of DEXkit DeFi project and community questions.

Hello, Satoshi clubbers and guests of this site. Glade introduces to you DEXkit DeFi project. If you’re a DEX user, the waiting’s over. Finally, there’s a new set of tools for market-making and trading in cryptocurrencies that makes things a whole lot easier, and cheaper. The AMA took place on 19 November.

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

Leading the AMA our clever and fun admins:

@madamlobster and @GoldRocket27

The Representative of the project: 

João Campos | dexkit.com – @jcampos8 – Head Dev for DexKit

Jarin – @Jarinnugent

Crypto 0G- @Crypto_0G – apart of the marketing team for DexKit and have been involved in the Crypto space since 2013

Introduction of the project.

Gold Rocket | Satoshi Club:

Hello again, dear community! Our guests today are from DexKit.

Welcome to Satoshi Club, guys  @Strainz @Jarin:nugent @Crypto_0G @jcampos8! Big team!👍

Mary | Satoshi Club:

Hello again, Satoshi Club! We are happy to announce our AMA session with DexKit! @Strainz @Jarinnugent @Crypto_0G @jcampos8 welcome to Satoshi Club😀

João Campos | dexkit.com:

Thanks, Satoshi club.

Jarin:

Thanks for warm the welcome.

Gold Rocket | Satoshi Club:

Thanks again for joining. To be begin with, please tell us a few words about yourselves and how did you get to be involved in DexKit.

Crypto 0G (2013):

Thank you for the welcome we are glad to be here

João Campos | dexkit.com:

I will start to present myself.

Mary | Satoshi Club:

Hello, guys, and if @Strainz will join our group I will be able to add him as admin😀 And he will be able to join us here😉

Gold Rocket | Satoshi Club:

🙏 feel free

João Campos | dexkit.com:

I am the Head Dev for DexKit, I will be the guy that will bring to life the roadmap that DexKit is proposing. Glad to have the opportunity to do so. I am already experienced on the platform that I will propose to build and worked already several years building on Ethereum space

Jarin:

Strainz is, unfortunately, having to deal with a problem at the moment and can not join. But you will be able to meet him in the telegram chat in the future 🙂

Crypto 0G (2013):

I am apart of the marketing team for DexKit and have been involved in the Crypto space since 2013

Mary | Satoshi Club:

Can you tell us with which projects you already work with?)

Gold Rocket | Satoshi Club:

I’m sure you will be fine😉

Mary | Satoshi Club:

Oh, sad😒 but sure, we will meet with him in the chat. Oh, early bird👍

João Campos | dexkit.com:

Last year I build on top of ZRX stack, building ERC20 exchanges. I also contributed to the beginning of the Ghost as a developer, helped also Unilayer on start, and I worked on several projects as a developer.

Mary | Satoshi Club:

All familiar names😀

João Campos | dexkit.com:

I was posting my Github link.

Mary | Satoshi Club:

Great background👍

Gold Rocket | Satoshi Club:

With Ghost was ama at Satoshi Club

João Campos | dexkit.com:

This is my Github if everyone wanna check: https://github.com/JoaoCampos89

Also my Linkedin: https://www.linkedin.com/in/joaocampos89/

Mary | Satoshi Club:

I see, yes, that impress😀

João Campos | dexkit.com:

Now I am committed to bringing to life next-generation trading tools for DexKit with the accumulated experience in the space.

Mary | Satoshi Club:

Whose idea was to create DexKit?

João Campos | dexkit.com:

Based on input from people talking to me, that is hard to spin up exchanges, aggregators, and marketplaces. So I decided to build a platform that the average Joe can do it

The aim is to improve the usage of decentralized exchanges, Uniswap did a great job bringing people from centralized exchanges, now we want to bring that to everyone, put communities, influencers, builders, projects to spin their own trading platforms.

And with that bringing a bigger network effect to space.

Mary | Satoshi Club:

Ahaha) got it, average Joe soon will be happy😀

Gold Rocket | Satoshi Club:

Sounds good.

Mary | Satoshi Club:

Btw, how soon?

João Campos | dexkit.com:

Maybe we saw one for Satoshi Club ahaha. We plan the platform for this being out q1 2021, in meantime, we are working with chosen partners.

Mary | Satoshi Club:

SatoshiClubDex?😂 We should ask them for AMA also😂 Which partners? Do you already have some partnerships? Btw, what about you, @Jarinnugent 😀?

João Campos | dexkit.com:

Our last one is Somee, which is bringing their 80K users to have access to aggregated prices, we are really excited about it. Bitswapdex and Unilayer have also launched aggregators, we since started our aggregators already generated over 500K USD in volume, we plan this to rise and rise more. We have like weeks old.

Mary | Satoshi Club:

Nice volume👍 I see that you already did lit of job😀

João Campos | dexkit.com:

Here people can check it in real-time: https://0xtracker.com/apps/dex-kit

Jarin:

By the way guys – you can get some of the best prices for your favorite tokens now from our aggregator that is LIVE NOW!

Mary | Satoshi Club:

We will definitely try😀

Gold Rocket | Satoshi Club:

Very interesting. What do we have to do about this?

Crypto 0G (2013):

We are also holding a giveaway at the moment  where we will select 1 user to win their own branded DexKit aggregator.. users can enter by messaging one of the admins of our telegram channel

João Campos | dexkit.com:

Everyone can access swap.dexkit.com It’s the same frontend as Uniswap but using aggregator logic behind the hoods

Mary | Satoshi Club:

👍Thank you for your great intro! And we have some questions from our community, ready to start?😉

João Campos | dexkit.com:

Yeah go for it

Preselected questions from the community.

Gold Rocket | Satoshi Club:

Thanks!

Q1 from Tg user @deepak123654

How was the idea to create this project born? It is very interesting. What do you want to prove? What are your expectations?

João Campos | dexkit.com:

DexKit is a dream come true, I always worked for other projects building exchanges and also contributed to open source to build a next-generation in the past. People always come to me for support and to build tools for them. With decentralized dex’s popularity brought by Uniswap, and lack of good tools for marketeers, projects, and influencers launch their trading platforms easily. DexKit will bring a solution where everyone can profit and bring next-generation trading tools to their communities and check in real-time their earned money. DexKit, we think, will be the de facto standard for decentralized trading and the NFT marketplace. And with ETH 2.0, we will take a good share which today is occupied by centralized exchanges. Additionally, we will use tools that I already use personally like trading bots, improving trading tools will make crypto space much safer, why trade in centralized exchanges when you can have access to better liquidity and being easy to use as well. We reached sotfcap so we can already start building what we are committed to.

Mary | Satoshi Club:

Congratulations 🎉

Gold Rocket | Satoshi Club:

Wow!🎉

Mary | Satoshi Club:

Do you plan to have an NFT marketplace?)

João Campos | dexkit.com:

Yeah, it is on our roadmap. It’s also a requested feature for a lot of Artists, an easy way to spin up their own marketplace with their collection highlighted

Mary | Satoshi Club:

Will it is different from existing NFT marketplaces?)

João Campos | dexkit.com:

NFT’s will be as big as tokens, artists will find that crypto can be used to easily share their artworks and profit from it.

NFT marketplaces will have similar features, but it will be branded for the target artist, the artist can define their own fee and also collect some fees from trading their work. This creates a network effect for them to share better with their target communities.

Jarin:

We think artists having their own market place for NFT’s is important as they have more customization and exposure and are able to sell their NFT’s directly off of their platform!

Mary | Satoshi Club:

Oh, yes, it can work in such a way😀 Thank you, ready to go to the next question?😀

João Campos | dexkit.com:

Yeah, great questions, really enjoying.

Gold Rocket | Satoshi Club:

Q2 from Tg user @reinleoken

 The Staking seems too good to be true, no need to stake eth only KIT, and no penalties for stacker that leaves the pool, without penalties for stackers leaving the pool won’t that leave the project at the mercy of fluctuating liquidity? Is any of the liquidity generated from the token sale going to be locked?

João Campos | dexkit.com:

Kit staking will use the same system as Uniswap liquidity stacker but instead of stake UNI LP tokens you will be staking solely KIT and earn ETH accrued at second. We use this system to distribute the 70% rewards that we collect on our platform and the portions we collect from all our affiliates. Each month a pool will be created with these fees, and then people can lock their KIT to start earning income from the KIT-generated fees. The system as uses collected fees not creates inflation, it only depends on the success of the KIT platform and affiliates to get high rewards. We will have also affiliates share links to amplify the trading network effect

Jarin:

This creates an incentive to hold and stake KITT – You receive eth directly as a reward!

Mary | Satoshi Club:

You have to work hard to reach success as it is the key point for your users to earn and be happy😂

João Campos | dexkit.com:

It’s our goal.

Jarin:

We would not be here if our goals were not in the best interest of our users. Our whole team are dedicated crypto fanatics and want nothing more than a strong trusted community

Mary | Satoshi Club:

Ok, also – anyway someone will sell. And the trend is sad now – almost all tokens drop after pre-sale, if it drops hard it is possible that your users will have losses. What will you do if it will happen?

Jarin:

Jcampos8 will focus even harder on the further development 😂

João Campos | dexkit.com:

We have farming in place to go out after tokens sale is unlocked, this will create an incentive to users provide liquidity on KIT-ETH UNI tokens to earn BITT. 2 % of BITT tokens will be distributed by the farming system during on month, this is a great portion of BITT supply, which is the token that will be used by the big community and BitswapDex, more details to follow next on this.

Crypto 0G (2013):

Also, presale was designed to not allow more than 25 ETH to be purchased per wallet to make the project as decentralized as possible and prevent whales from buying a big % of the supply

Mary | Satoshi Club:

Got it👍 Hope everything will go in the best way for you! Ready to go to the next question?

João Campos | dexkit.com:

We can not predict how the market behaves, we will focus on communication and show to our early investors the advantages of them stick with us. Yeah, go for it.

Gold Rocket | Satoshi Club:

Q3 from Tg user @yzmoney

 Dexkit has a partnership with Unilayer for using your DEX aggregator, can you elaborate more on that? Which other platform is going to use DEXKIT? Why do they choose Dexkit instead of other competitor products?

João Campos | dexkit.com:

We at the beginning to test a small portion of our product, we approached big players on the space to start to use the aggregator to validate our idea, and we at the moment are only onboarding these big partners. Our product offers them an instant aggregator with the best aggregation techniques, branded and with default token chosen by the project, additionally we allow fees to be discounted based on holdings on the predefined token, allowing them to add use case to their project. We have at moment Unilayer, Bitswap, Swap Pt, our own Some will be the next. We generated so far as I already mention over 500K USD in volume, which is good to prove our idea has traction. They choose us because they know we deliver what we say we do. And we will bring the same kind of service level to everyone who wanna spin up their own aggregator, dex, and NFT marketplace when the platform is out.

Jarin:

I like to think our partners choose DexKit because it is the best choice to benefit their users by providing them the ability to automatically check 9+ DEXs and get the best price on swaps. They are also able to provide our aggregator directly from their platform! They see our vision and want to bring it to life – on their platform!

Crypto 0G (2013):

We also have much information in our lite paper if that is ok to attach here?

Mary | Satoshi Club:

Of course 👍

Crypto 0G (2013):

Dexkit Lite paper PDF File

Mary | Satoshi Club:

Do you see, for example, 1inch as your competitor?

João Campos | dexkit.com:

Yes, 1inch is a competitor at aggregation, but there are studies that the tech offered by us outperforms 7 of 10 times the best aggregators on market. We have good prices, we will use our network effect and affiliates network effect to people use our platform instead of competition, we also plan to offer Dex with advanced trading tools, Defi tools, and NFT marketplace all as one shop solution. People like to have one shop solutions for everything and we are experienced in building such tools

Crypto 0G (2013):

1inch is great but I think we have a leg up on them at the moment as we have many more features and a great roadmap.

DexKit is the next generation DEX DEFI platform providing the missing tools that traders have been waiting for. Build on the robust ZRX protocol DEXkit utilizes over 14 DEXS including Uniswap, Kyber, Curve, Mooniswap, Mutable balancer and 10 other protocols to create advanced trading, swap, atomic swap market-making, and dementalized erc20 and NTF erc721 solutions:

The custom aggregator will search over 14 DEXs to find the best price and liquidity while utilizing the familiar and easy to use Uniswap interface.

A suite of the additional tool will provide the trader with well-informed trades at the best possible price with the best liquidity minimizing annoying slippage, traders will be able to use leverage, place decentralize stop/limit order, run arbitrage bots, create sell and trade NFT’s place private order, earn from staking KIT and earn from arbitraged orders through arbitrage mining.

In addition to the tools, users can launch their very own branded aggregator and NFT market place with a full backend dashboard for control over adding a removing pair, adjusting fees you receive. With support for WordPress as a widget

With the recent rise of NTF’s DEXKIT is able to supply users with their very own Wizard to create ERc20 and ERC721 (NFT) collections. Again with full word press integration. Trade collectible cards or any NFT’s right on your website.

Backend solution to manage your Whitelabel Exchange/Marketplace. With this backend, you can easily add/remove pairs, add tokens, change the default layout, check earned fees and more to come.

Users can easily profit from arbitrage, why give profit to arbitrageurs when DexKit can arbitrage your orders and share the profit with you.

This truly is the next generation DEX platform designed to be incorporated within your website and to give you an advantage in every trade.

Jarin:

Yes, it is important to note that we have big partners already choosing our aggregator for their platforms.

Mary | Satoshi Club:

Sounds great😀

Jarin:

We are very excited. 👌

Mary | Satoshi Club:

Oj, let’s go forward to the next question or you have to add something?)

João Campos | dexkit.com:

Go ahead

Gold Rocket | Satoshi Club:

Q4 from Tg user @PaoloMonte87

DexKit has been defined as “the next generation DeFi platform” integrated with all the missing tools that traders and investors had been waiting for so far. I know DexKit utilizes more than 9 DeXes – including the most notorious Uniswap, Kyber, Curve, Mooniswap, mStable, Balancer among others – and is built with technology based on the less famous ZRX protocol. Can you tell me more about this protocol? What are its advantages compared to ETH and other more illustrious competing/sibling protocols?

Jarin:

@Strainz is now also with us 😀I love the technical question. Great one @PaoloMonte87

Mary | Satoshi Club:
He can write now😀 @Strainz you are welcome 😀

Strainz:
Thank you, glad to be here! 😁

Gold Rocket | Satoshi Club:

@Strainz Welcome 👏. Yes good question👍

João Campos | dexkit.com:

I am a builder on ZRX protocol, I am predicting this protocol will take over the other ones, because it allows users to place limit/stop orders without paying gas, and even have the tech to cancel orders for free, behaving like a centralized exchange. Place of-chain orders at no cost to be filled by all liquidity available onchain. This allows us to create limit orders that can have access to all liquidity available on all other protocols and be filled by them, that’s why we will be building as well arbitrage bots to help people profit from all these matched orders instead of arbitrageurs. When you place a limit order, most of time they are filled by arbitrageurs and the difference is to keep with them, our KIT dashboard will bring these profits to KIT holders. Additionally, this protocol allows to also create off-chain NFT orders.

Jarin:

Absolute fire for the DeFi space. 🔥

João Campos | dexkit.com:

As a market maker myself, some orders are filled by arbitrageurs instead of real traders, We plan to take this pain from traders.

Mary | Satoshi Club:

You have Napoleonic plans🤪

Crypto 0G (2013):

That’s a game-changer for the average joe! 🎯

Mary | Satoshi Club:

How big is your team?

João Campos | dexkit.com:

At the moment we have around +10 people working directly with DexKit.

Gold Rocket | Satoshi Club:

Not so big team

João Campos | dexkit.com:

This will expand greatly in the upcoming weeks. I will be the official DEV communication and plan to bring video live updates every two weeks after our dev sprints are closed

Mary | Satoshi Club:

Btw, do you have open positions?)

João Campos | dexkit.com:

At the moment I already have a closed DEV team, which are committed to delivering on time the roadmap

We depend on community feedback, if needed features are needed or request by the community we can open for more positions to fulfill additional request features

Jarin:

For the moderator side – we will be growing as demand arises. We have worked strongly on creating efficient workspaces and have plenty going on behind the scenes

João Campos | dexkit.com:

Our Governance system will be used for that to hear directly our community on requested features

Jarin:

All of our members are community-based – including me – and are here to fulfill the long term goals of Joao’s vision.

Gold Rocket | Satoshi Club:

Sounds really good.

Mary | Satoshi Club:

Sure👍😃

Mary | Satoshi Club:

I like your energy🚀. So, and we have the 6th and last question from this part and then we will go to the part of the live question 👍 Ready for the 6th?

João Campos | dexkit.com:

Go ahead

Gold Rocket | Satoshi Club:

Q5 from Tg user @zaferce

 How will kits get the best liquidity in the market to liquidate LP tokens and trade for stablecoins? How will you ensure to add more KIT functions according to the needs of the community?

Mary | Satoshi Club:

Oh, I miscalculated 😂 5th)

Jarin:

Great question – the second part has already been touched on. João’s planned bi-weekly youtube video with updates and QnA session will ensure the community is heard and the governance system will make sure that holders agree.

Mary | Satoshi Club:

By great👍 btw, do you already have a YouTube channel?

Jarin:

I think everyone would agree with our planned features and any extras the community thinks of would be awesome to implement too. Details will be updated within our discord – and I’m sure elsewhere.

Mary | Satoshi Club:

It will be your community decision 😃

Crypto 0G (2013):

@dexkit to stay up to date

Mary | Satoshi Club:

I think this question is clear😃 can we go to the next or you have something to add?)

Strainz:

Our YouTube Channel is planned to be up very soon! It will host our awesome Head Dev on a bi-weekly basis and will have tutorials on how to use multiple features on DexKits diverse platform

Jarin:

@jcampos8 will add 🙂

João Campos | dexkit.com:

Our Kit’s will use advanced techniques like ZRX transformers and for more advanced needs smart contract wallets. Most protocols nowadays use on-chain only protocols like Uniswap or Kyber to fill their liquidity needs. We at DexKit each “kit” that needs liquidity, we will pass the same quote as is by the aggregator ensuring users are converting their tokens using the best price available. An example of KIT is when you have only ETH and you want to supply liquidity for ETH-DAI UNI pool, normally the users go and convert half the ETH to DAI on Uniswap and then supply it, but Uniswap is not always the best pricing for it, maybe Curve can get a better price for this, so instead of using only Uniswap, we supply the quote with pricing from multiple sources. Kit’s will be a tool to do tasks at once, which normally users need to take multiple actions, making user not lose time on this tedious process and making sure he will have the best liquidity on the market. KIt’s use cases are endless, and we need to hear the community prioritize what they prefer, we literally can automate a lot of tasks that are tedious for users at the moment, and DeFi use cases are growing every day, having one shop automated task is really appellative for hardcore traders

Jarin:

And there’s the answer to the first part 🙂 thanks, Joao

Mary | Satoshi Club:

So you will have everything in one place, easy, fast and cheap. Ok, we just need to wait for implementation 👍😃

João Campos | dexkit.com:

That’s the main goal, KIT dashboard it’s not only the affiliates apps, we are building also a full DeFi platform

Jarin:

More great features unique to DexKit’s… Well… Kit.

João Campos | dexkit.com:

Yeah, and I am really glad that I will have the opportunity to do it

Mary | Satoshi Club:

Guys, if you implement all these things I will be very thankful for you) Thank you for your answers and we have just one question left for this part 😃 ready?)

Jarin:

When we do, I will be thanking Joao too, and so will the rest of the community.

João Campos | dexkit.com:

Yeah, go for it

Gold Rocket | Satoshi Club:

Q6 from Telegram user @Ubik1337

“As the next-generation tool kit, DEXKIT is the future for decentralized exchanges by creating advanced trading, swap, atomic swaps, and market-making. It brings with it the ability to create decentralized erc20 and erc721 white label trading solutions, giving greater flexibility to the user. The tool kit concept helps traders become better informed of trades and receive the best price across 9 DEX’s.” According to your information, you are motivated to launch a very ambitious project, but despite that, on your Github only 2 main repositories which both been forked from Uniswap. How do you plan to become ‘the future for decentralized exchanges’, if you don’t have any original ideas in your code?

Mary | Satoshi Club:

It’s a provocative question, but I am sure you have an answer to it😃

Jarin:

Yes – Joao’s second language is English so it may take him a little longer to come up with a response. But he always kills it.

João Campos | dexkit.com:

At the moment, the ERC20 exchange and ERC721 are closed on DexKit Github. I have experience already in build exchanges, if the community check my personal Github they know what they are, and I am committed to building even better exchanges with the acquired experience, I will use the best tech available to ensure advanced traders will do well-informed trades. The decision to open-source after development it will be given then to the community using the Governance system, it will be up to them. The aggregator was closed to be used Uniswap frontend, to make people easy onboard and use tools that they already knew but with a slightly huge difference, it uses an aggregation API behind the hoods. Our Litepaper enumerates the exchanges that will build and I am glad that our DevTeam will have the opportunity to do it

Mary | Satoshi Club:

Sure👍Btw, did you alrzeady tested it?

João Campos | dexkit.com:

The aggregator or the exchanges? Aggregator I use it daily. Exchanges are being built right now and planned to be out during Q1 2021

Mary | Satoshi Club:

Exchange?

Crypto 0G (2013):

The aggregator is live now anyone can use it https://swap.dexkit.com/#/swap

Jarin:

After using the aggregator – none of us have looked back.

Mary | Satoshi Club:

Ok, I promise, I will test it😃

Crypto 0G (2013):

promise you will ❤️ it

Jarin:

we all certainly want to say goodbye to those arbitrage bots.

Gold Rocket | Satoshi Club:

I too want to test )))

Mary | Satoshi Club:

So, it is building, understand. Do you plan some testing programs for it in the nearest future?

João Campos | dexkit.com:

Yes, of course, when the platform will be ready for beta testing, we for sure ask the community to join the testing. The trading platform needs to be perfect before reach’s the masses. I will ensure that

Jarin:

So will the community!

Mary | Satoshi Club:

Thank you, guys! Wait for us to test everything 👍 And now we can start with our live community questions, right?

João Campos | dexkit.com:

Great

Jarin:

We are just 33 ETH away from our second OTC before the third begins and the price increases!

Mary | Satoshi Club:

Wow, it’s incredible 👍🎉🚀 Let’s go 🚀

PART 2.Questions about DEXKit 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 crypto project choose the top 10 questions. These 10 crypto enthusiasts have earned cryptocurrency in the sum of 100$.

Q – 1 from a telegram user @surendra040

How can I earn my passive income from Dexkit?

Jarin:

KIT will be using the collected fees as a source to build pools, your income will depend directly on KIT success, which will collect fees from the KIT platform and also portions of all affiliate’s

Q – 2 from a telegram user @KevSalom

🚀 – Can you name the most important and outstanding differences between DexKit and the most popular DEX at this moment? What additional tools does your project have?

Jarin:

KIT will be one shop solution for our affiliates and also for traders and crypto users make their informed trade, users can manage their DeFi portfolio and affiliate platform directly on KIT Dashboard platform, User can analyze trending on DeFi protocols, find tokens and use KIT’s to make multiple tasks at once.

KIT will be one shop solution for our affiliates and also for traders and crypto users make their informed trade, users can manage their DeFi portfolio and affiliate platform directly on KIT Dashboard platform, User can analyze trending on DeFi protocols, find tokens and use KIT’s to make multiple tasks at once.

Q – 3 from a telegram user  @cengizhantekin

✅ Some recent staking projects tend to penalize part of their investors, whom they call with some names such as; panic sellers, weak hands, etc., by charging extra fees. How about the DexKit Staking system? Can an investor unstake anytime? If so, is there any fee to penalize for unstacking? What happens to the rewards accumulated until then, can it be withdrawn or will the investor lose it all?

Jarin:

Yes, it is possible to unstake at any time, there is no penalty for unstacking. It is rewarded on a second by second basis and unstacking stops this reward accruement.

Q – 4 from a telegram user @samuelstook

The name of your project DexKit seems interesting to me so I want to know where the idea of this name came from? What does it mean?

João Campos | dexkit.com:

DexKit’s name comes from Dex ToolKIT. The aim is the name to make users know DexKit will be the place to go if you need crypto trading tools.

Q – 5 from a telegram user @Gutike95

Many projects speak of centralized finance as a big problem that must be solved as soon as possible, does Dexkit really think that? being so, is that why DexKit will be the one to solve this problem from the root?

Jarin:

We think that centralization is certainly a large problem and we intend fully to do everything in our power to overcome it with Decentralized options.

Q – 6 from a telegram user @konditer_rolex

Can I list any trading pair on DexKit, or can only the token holder do it?

Strainz:

Any trading pair will be added by contract address for ETH/DAI/USDC pairs. Users will have the option to create their own DEX with their default pairs to easily make it searchable. To make a DEX user needs to hold KIT for it.

Q – 7 from a telegram user  @KhaleesiTheCryptoLady

🔴Is the team anonymous or publicly introduced their real identity? Also, when do you plan to release your roadmap? What took it so long?

Jarin:

Our head DEV is not anonymous. I also use my real name. Our team communicates on a daily basis. We are confident in our team. Our roadmap is available now on our website.

Q – 8 from a telegram user @Raju4200

When the pool lunch?

Jarin:

Directly before the sale ends or the hard cap is reached Liquidity will be added to the contract and everyone will then be able to withdraw their tokens directly from our launch platform.
Q – 9 from a telegram user @kikirush

I read somewhere that by adding to the KIT liquidity pool users will farm a secondary token BITT, what is BITT, you have another token asides KIT?

Crypto 0G (2013):

BITT is the token of bitswapdex.io and is our first partner using the DexKit Whitelabled platform it is not the second token of KIT.

Q – 10 from a telegram user @janupakhi

How important is the community of Your project? and how can we collaborate or help share tokens for the development of the project?

Jarin:

Community is the heart of any crypto project, that’s why we have in our plans launch a Governance platform where they can vote and express decisions regarding the DexKit path. The best way to contribute going forward is through the biweekly youtube session that Joao will host.

Part 3 – Quiz about InvestroFund DeFi project

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. 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: DEXKitnew set of tools for market-making and trading in cryptocurrencies that makes things a whole lot easier, and cheaper.

Telegram  |  Tweeter  |  Website  |  Medium  |  GitHUB

PART 1. INTRODUCTION of Investro Fund crypto project AND COMMUNITY QUESTIONS.

Hello, Satoshi clubbers and guests of this site. Glade introduces to you InvestroFund crypto project. The first fully-automatic social crypto trading Fund with real cryptocurrency. The AMA took place on 20 November.

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

Leading the AMA our clever and fun admins:

@madamlobster and @Cool_as_Ice

The Representative of the project: 

Artur Fassalov – @INF_Artur – COO and Co-Founder of the InvestroFund

Questions from comunity

Mary | Satoshi Club:

Hello again, Satoshi Club! We are happy to announce our AMA session with  Investro Fund! Welcome to Satoshi Club😀

D| Satoshi Club:

Hello, Satoshi club!

Mary | Satoshi Club:

@INF_Artur welcome to Satoshi Club 😀

D| Satoshi Club:

@INF_Artur welcome!

Artur Fassalov:

Hello everyone, My name is Artur Fassalov and I am the COO and Co-Founder of the InvestroFund. I’ve been a part of InvestroFund since the conceptualization stage, and we have finished our primary goals of the project in time as a result of many sleepless nights. We’re ready to go live the minute our sales end while our development team is still working on completing our roadmap features on time. I want to say it’s an honor to be here today with such an exciting group of crypto enthusiasts.

Mary | Satoshi Club:

Happy to see you here! What was that moment when you decide that crypto world needs Investro Fund?

Artur Fassalov:

Thank You. I have been a forex and stocks trader before the crypto was introduced and I have seen social trading had a pretty good impact for the novice traders. So I started working on making a social trading system for the crypto community.

Mary | Satoshi Club:

Yes, a lot of Forex traders came here, you must have a lot of experience 😀

D| Satoshi Club:

You was also Forex trader? 👀

Artur Fassalov:

Indeed, I got into cryptocurrency in the early days. Yes 😀

Mary | Satoshi Club:

No, not me😂 crypto first and forever. So, a lot of traders here and we can start with the questions about Investro Fund, right?)

Artur Fassalov:

Sure

D| Satoshi Club:

let’s dive into questions!

Q1 from Telegram Username @HurricaneLad

”Followers also have the option to operate on the platform anonymously, they just need to follow the desired trader and start earning profits”.

The above concept as appeared on your website is really awesome. Question: If you are my upline, is it possible for me(you’re downline) to see all your transactions so that you won’t cheat me? also, is the profit percentage distribution for both parties be determined by your system, or is it sorely on the agreement between the two parties?

Artur Fassalov:

Yes, right now, downline can see the the stats and performance of his upline. Later on downline can see all the trades, volume distribution, and transactions performed by the upline. The INVESTRO platform will decide the profit distribution.

Mary | Satoshi Club:

And what about profit percentage distribution?😀 Do you already have this percents? What they will depend on?

Artur Fassalov:

Percentage will depend on trader’s performance. Our AI will determine the percentage depending upon the trading history of pro-traders.

Mary | Satoshi Club:

It’s some kind of algorithm? If yes, was it used on another platforms?

Artur Fassalov:

Yes, it is an algorithm. This was custom built by Investro team and was not used anywhere else before.

Mary | Satoshi Club:

Great👍

D| Satoshi Club:

Nice! thank you for answer! our next question is related to this one, ready for Q2?

Artur Fassalov:

Yes I am ready 🙂

D| Satoshi Club:

Let’s goooo

Q2 from Telegram Username @Jonahapagu

Investro will give traders the Ability to follow and copy the strategies of experienced and successful crypto investors.. what are your plans and how will you initially attract Experienced traders and successful crypto investors to your platform, because without them novice traders will still be lost when using your platform and on the other end Before classifying a trader as Successful or experienced do you pass them through any test what in particular do you watch out for because if inexperienced traders get the status of experienced traders on your platform It will be disastrous to novice traders who will be copying their trades.

Artur Fassalov:

Marketing will play an important role in inviting professional traders to join Investro. There are numerous benefits for experienced traders that will attract them. To answer your second question, To be listed as a Pro-Trader, Investro’s AI will check their trade history on exchanges and analyze if they are eligible to be listed as a pro trader. There will be many characteristics involved and there will also be ranking of the pro traders where users can choose any trader by looking at their past performances.

Mary | Satoshi Club:

You have amazing AI it basically will do everything 😂 where did you find such team that developed it?)

D| Satoshi Club:

When do you plan to start your ‘aggressive’ marketing campaign to invite those professionals?

Artur Fassalov:

For this task, AI just needs to analyze historical data of the traders. This is not much complex task tbh 🙂

Mary | Satoshi Club:

Sure😀

Artur Fassalov:

Marketing is currently on-going and we have received few requests from traders for joining too. Aggressive marketing will start right after pre-sale.

D| Satoshi Club:

👍gotcha

Mary | Satoshi Club:

Ready for the next question?)

Artur Fassalov:

Yes, please.

D| Satoshi Club:

Q3 from Telegram Username @cengizhantekin

I believe that Investro has a responsibility for users because of presenting the professional traders in the system. And we shouldn’t ignore the reverse of the medal; not hoped but there might rarely be big losers. So, do you have a kind of insurance for them, maybe a pool, which will also encourage users to make bigger investments?

Artur Fassalov:

There is no insurance. There is always a risk involved in trading. . Our system will always notify about the market conditions to the traders so they can make timely decisions. Users can also cancel their copying strategy if they are not comfortable. But rest assured, our passed traders always use stop losses and will make sure that at the end of the month you are always in green.

D| Satoshi Club:

There is a fee for cancelling?

Artur Fassalov:

Yes. But there is a 50% discount on the fee for INF holder.

Mary | Satoshi Club:

What else preferences INF holders will get?

Artur Fassalov:

For this, you should see the token utility. Or if you prefer I can paste it here.

Mary | Satoshi Club:

You can past for everyone could check it😀

Artur Fassalov:

1 INF can be used in the voting events related to the Investro Fund platform.

2 To Follow top tier traders, users need a specific amount of INF token to hold.

3 INF will be used to pay the commission/fee to the master traders on the Social trading platform.

4 INF holders get early access to InvestroFund’s advanced features.

5 Automatic staking rewards for holding other crypto assets in a staking wallet. Only for INF token holders.

6 Investro, a portfolio management suite, will be available only for INF token holders.

7 INF holders can get 50% discounts on platform fees.

8 Traders need to hold a certain amount of INF to be listed as a trader on the Investro platform.

9 Higher referral commission for INF holders

D| Satoshi Club:

Actually our next question about INF😊

Artur Fassalov:

Our token utility is pretty strong 🙂

D| Satoshi Club:

Yeah, i see that 😊

Mary | Satoshi Club:

Thank you and we can continue with this while discussing the next question 🙂 right?)

Artur Fassalov:

Yes definitely

D| Satoshi Club:

Q4 from Telegram Username @magic2crypto

As I see, INF token has a “coming soon” status within the dashbord, not using yet. I would like to ask about its future usecase: how much of INF should someone hold to get listed as a trader on the Investro platform? And, how many INF do I need in order to follow top tier traders? Could you disclosure exact values?

Artur Fassalov:

We did TGE today so INF could not be integrated before TGE. It will be integrated into the platform shortly. Traders need to hold a certain INF amount to be listed as a trader on the Investro platform. The exact is not yet announced, but the range would be a minimum of 500$, and users don’t need to hold any amount of INF tokens to follow top tier traders.

Mary | Satoshi Club:

When do you plan to finish TGE and list INF tokens on exchanges? Do you have any timeframes?

Artur Fassalov:

TGE has finished already. Tokens locked already in vesting contracts. Listings on exchanges will happen after public sale ends. We’re already in contact with multiple exchanges for listing, which will be disclosed later on after confirmation.

Artur Fassalov:

But Uniswap listing will happen immediately after the public sale ends.

D| Satoshi Club:

Great! wish you good luck with this!

Artur Fassalov:

Thank you

D| Satoshi Club:

And when it will end? do you have a soft/hard cap?

Artur Fassalov:

Pre-Sale is already live and will end in 48 hours. Public sales will also go on for 48 hours.

Artur Fassalov:

Soft Cap is 100k, and Hardcap is 750k

Artur Fassalov:

Approx 1450 ETH

D| Satoshi Club:

Understood 👍

Artur Fassalov:

And any left over tokens from sales will be burned.

D| Satoshi Club:

Thanks for answers! let’s jump to the next question?

Artur Fassalov:

Sure

D| Satoshi Club:

Q5 from Telegram Username @Adnan_Shakib

What are the steps to take in becoming a Pro Trader and what are the benefits of becoming one, are there any LIMITS to the number of people who can copy me?

Artur Fassalov:

First step: The trader should an excellent trading experience.

Second step: Fill the form attached with the required details and charts.

Third step: INF team will review the Form

Fourth step: AI checks the portfolio and his old trading history and makes an in-depth analysis if the trader is eligible for the pro trader or not.

Final step: Listed on the INF platform and his pool will be active and under observation period for one month.

For Pro-trader benefits, they will be able to earn a commission on ROI. You should also look at token utility. There is no limit on the number of people who can copy you. The more people follow you, the higher your rank is.

Mary | Satoshi Club:

Simple steps😄 Will you have any KYC verification?

Artur Fassalov:

To be listed as a Pro-Trader, KYC is required. But for copy traders no KYC is required.

D| Satoshi Club:

Important info

Mary | Satoshi Club:

It’s good news for copy traders. And ready for the 6th and last question from this part?

Artur Fassalov:

Yes, please.

D| Satoshi Club:

Q6 from Telegram Username @KelierTG

I was a little concerned about the processing time of my trade, do you have records or data on how long it takes for the server to process the professional trader’s trade and send the order to be processed on my side?

Artur Fassalov:

We created a powerful API that executes more than 100k orders per second. We are continuously working to improve it for more orders. The traders will get to know the orders, times stamps, execution prices, stop-loss details, take profit details, and trigger all these order types. We will finish the advanced dashboard for the Pro traders in the meantime. The team is already working on it.

Mary | Satoshi Club:

Did anyone already test it? Will you have any programs for testers?

Artur Fassalov:

Our product is live you can test it. We have done our internal testing.

Mary | Satoshi Club:

Thanks, I will😉

D| Satoshi Club:

By the way, can you share some information about your team?

Artur Fassalov:

The team is currently Anonymous. We believe if we provide a genuine and working product, showing team should not be important. We decided to stay anonymous for now. Although we could go public later on if required.

D| Satoshi Club:

I can understand that. thank you! 👍

Mary | Satoshi Club:

And are you ready for live questions part now?)

Artur Fassalov:

Yes, Let’s do this 🙂

D| Satoshi Club:

@INF_Artur  we will open chat for 120 seconds, our community will ask you some questions, after we close the chat, kindly select 10 questions from Satoshi club members!

Artur Fassalov:

Got it!

Mary | Satoshi Club:

Let’s go 🚀

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

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

Q – 1 from a telegram user @borysfireball

Security is extremely important now, as crypto is passing through a series of hacker attacks now. Everyone doesn’t feel safe. This statement from your website ‘Our budget and token distribution include hiring third-party security auditors and professional penetration testers in order to detect and prevent any and all weaknesses in our defenses as well as exposure to fraud or malicious attacks.’ Does it mean, that everything on Investro Fund is already double-checked and audited or you just have plans?

Artur Fassalov:

Security in general and security audit operations are at the top of the list regarding our system and products’ priorities. Our budget and token distribution include hiring third-party security auditors and professional penetration testers to detect and prevent any weaknesses in our defenses and exposure to fraud or malicious attacks. Moreover, our defense system is to be integrated to overlook all transactions. In case of any suspicious activity, protocols will be initiated to block and rectify the situation in question
Our platform is fully secured and it is highly unlikely that any hack would be possible. Still, in such a case, max funds will be in cold wallets and all the data on the platform will be fully encrypted using the highest encryption standards.

Q – 2 from a telegram user @brodzonl

Investro is a full-featured cryptocurrency trading ecosystem with a strong focus on automated social trading. The Investro platform is built with simplicity, functionality, and security in mind.

Does simplicity mean that even people that are new in crypto and investing could easily use this platform and gain profit from it?

Artur Fassalov:

The following recommendations will help you to invest capital wisely and clarify what priorities you need to choose not to lose your investment. So, how can you minimize risks when investing in crypto?

📌 Know your limit. Never invest money that you don’t have (borrowed money) or that you can’t afford to lose.

📌 Diversify. Apart from Bitcoin, there are many virtual currencies that you can invest in. It is best to invest in several simultaneously, so you can insure yourself if one of the currencies falls on the stock exchange.

📌 Hedging. A good strategy would be to enter trades in another market to offset the price risk of an equal but opposite position in the market you are currently trading. Precious metals and stocks will become an additional instrument and reduce the risk associated exclusively with investments in crypto assets.

First, you need to familiarize yourself with this area’s basics, because without training, you can lose money and earn nothing.

💰 Investro’s offer

✅ The Investro platform is built with simplicity, functionality, and security in mind. Well suited for both seasoned and novice investors. Investro will allow entry into the highly lucrative crypto assets market with reduced risk and let experienced traders offer value-added services to other users.

✅ We will achieve this through a transparent and secure portal that will utilize cutting-edge technology, analytics, data science, and quant-trade based bot to provide traders with unique investment opportunities via real-time seamless integration with multiple exchanges, arbitrage signaling, and other complex features that expand on the functionality of the Investro platform.

✅ Investro provides services through an easy-to-use interface, connecting blockchain technology with existing exchanges while allowing full transparency and traceability of crypto and fiat trading.

✅ Investro’s advanced AI will rank the best traders and apply them to the portfolio of assets of registered Investro users. That essentially allows Investors to minimize risks and earn without having to trade! Investors can copy traders’ strategies, who receive a percentage of their profits from trading with their funds as a reward.

Take advantage of Investro’s benefits. Join today! LINK (https://investrofund.com/)

Q – 3 from a telegram user @cengizhantekin

Is there a ranking system among the professional traders so that users can review and decide accordingly? If yes, which data is used to rank? Also which other data is available for users until they select the trader?

Artur Fassalov:

Yes, there will be a ranking system where AI evaluates trader’s history to rank them on the leaderboard. Users will be able to see the performance stats of the trader before they can select and copy.

Q – 4 from a telegram user @Eliasbb

Most of the projects with the Anonymous team just come and the rug pulled/exit scam. At this point how can we trust you? How can we sure that you will never do scams?

Artur Fassalov:

Although this has been asked many times before, but I’d like to clarify this again. We might be anonymous for privacy reasons but we came with a live and working product which was built after months of hard work and we are determined to make it a success. There is not much clarification we can provide on this matter, but being a non-anon team does not guarantee anything.

Q – 5 from a telegram user @Typhudollar

There are currently too many Trading and Social Trading products. You are a new project and about to open for sale. What are the differences and highlights of “Investro Fund” compared to the rest?

Artur Fassalov:

The number of cryptocurrency projects on the market is growing every month. Therefore the most important thing for investors is the reliability of their investment and the advantages that the project gives.

❓ What does Investro have to offer?

🔹 The traditional structure for managing funds (fixed & flexible commissions).

🔹 Professional traders who have vast experience and many successful transactions behind them, who are able to apply not only traditional schemes but also non-standard aggressive investment strategies to maximize profits

🔹 Staking. By keeping funds in our wallet, you can receive additional passive income thanks to PoS mining.

🔹 Maximum safety of all operations on the platform.

🔹 Ability to copy trading operations of professionals, thanks to which you can earn even more

🏆 Thus, by investing through the Investro platform, you get access to social trading, the opportunity to make additional profit through staking and minimize your risk in financial protection.

Q – 6 from a telegram user @raju4201

How your project generate revenue/profit? What’s the revenue model? How it can be beneficial for both investors and for the project itself?

Artur Fassalov:

We charge a flat 1.5% fee on successful trades over the platform. This will help maintain the platform and keep adding new features. 4

Q – 7 from a telegram user @Kathdm

Regarding the social trading pool feature, do traders who are copied get rewards or benefits for it? What kind of benefits do they receive? The more users who copy them, the more benefits they will receive?

Artur Fassalov:

Investro is a place where you can share and access trading activities with each other, as well as a social trading pool. It provides you with a wide selection of professional traders, which means they can bring you profit in the long term. The results of traders are analyzed using Investro neural networks. They choose and recommend the most promising and profitable traders themselves, and other users get the opportunity to copy trades.

Traders are also motivated to share their results, as our platform has created a reward mechanism that rewards successful members of the social trading pool to copy their trades. Thus, the more a successful trader gets copies of his trades, the greater his reward.

Q – 8 from a telegram user  @Amila19932

What is the token amount you are going to allocate for the liquidity pool and are you going to lock them? Give us an idea about your tokenomics?

Artur Fassalov:

We will add 200k liquidity on Гniswap initially, divided into USDT and ETH pairs. Half liquidity will be locked. We would probably change the liquidity amounts when there is a confirm news about listing on top tier exchanges.

Q – 9 from a telegram user @Agz18

How is your infrastructure designed for real-time bidirectional data transfer and how do you ensure multiple integrations with crypto exchanges?

Artur Fassalov:

The Portfolio management app integrates with multiple cryptocurrency exchanges through the APIs of each exchange. This gives users complete control over their funds on each exchange through one central interface.

Q – 10 from a telegram user @yzmoney

Wow, 100% APY for staking, what will be the staking yield curve like? How are you able to generate such a good yield to payout to the stackers? Is there a typo, why is it “where you cannot hold the tokens for a certain amount of time.”?

Artur Fassalov:

By only holding INF tokens in their investor wallets, users will be rewarded with up to 100% APY staking rewards. The passive income this generates will be proportional to the number of tokens each user has staked. We have a separate allocation for staking rewards which are limited and once it finished staking will be ended, we have an only a pool available for INF holders for INF staking.
o Staking Reward 5% (250k)
👉Staking pool total allocation: 1m inf
👉Total No of Pools: 1
👉 VIP:
• APR: 100%
• Duration: 3 months

Part 3 – Quiz about InvestroFund DeFi project

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. 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: InvestroFund The first fully-automatic social crypto trading Fund with real cryptocurrency.

Telegram  |  Telegram Ann |  Tweeter  |  Website  |  Medium  |  Registration

Hello, Satoshi clubbers Another AMA took place at Satoshi Club and we would like to introduce to you the AMA session with Allwin DeFi project. This is an experimental protocol that unites some of the most exciting innovations in DeFi and crypto games.

The AMA session was divided into 3 parts with a total crypto reward pool is 800$.

Leading the AMA our clever and fun admins:

@@GoldRocket27 Gold Rocket | Satoshi Club and @Cool_as_Ice D. | Satoshi Club

The Representative of the project: 

RICO PANG – @ricopang –

Co-Founder, Managing Partner of Sanctum Global Ventures

Founding Member, Executive Director of Global Blockchain Organization (GBO)

Advisor, Security Token Alliance (STA)

PART 1. INTRODUCTION of Allwin DeFi
PROJECT AND COMMUNITY QUESTIONS.

Gold Rocket | Satoshi Club:

Hello, friends! Today we are pleased to introduce you to a project Allwin.

D| Satoshi Club:

Hello again Satoshiclubbers 😃

RICO PANG:

Hello Everyone

D| Satoshi Club:

@ricopang hello! Welcome to Satoshi club! 😊

Gold Rocket | Satoshi Club:

Hi Rico! Nice to meet you👋 Welcome to Satoshi Club. Tell us a bit about yourself and the project that you represent. What is this Аllwin???😁

RICO PANG:

Thank you!

Gold Rocket | Satoshi Club:

And is it true that everyone wins.

RICO PANG:

I am RICO PANG from Malaysia, we are a venture fund and venture studio. We incubate tech ventures primarily. Today, I am representing AllWin from Zelwin.Games

We are working with Zelwin.Games in Asia market together

Gold Rocket | Satoshi Club:

It is very interesting! we love Zelwin❤️

D| Satoshi Club:

Yeah, we had AMA with Zelwin a couple of days ago

RICO PANG:

Yes, we love Zelwin too! I am sure the gamers will like Zelwin.Games – AllWin more! it’s a great platform for the gaming industry

Gold Rocket | Satoshi Club:

Promising direction

RICO PANG:

Yes, I was here and I am sure Niko also gave a brief introduction about Zelwin.Games. We are all excited about this new venture. Happy to deep dive on Allwin today with everyone in Satoshi Club

Gold Rocket | Satoshi Club:

Let’s do it!🚀

RICO PANG:

Super! Let’s go! 

D| Satoshi Club:

Sure! he told us briefly about your project! and we will find more about Allwin during today’s AMA😉

D| Satoshi Club:

So thank you for this intro Rico! let’s start with questions from the Satoshi club community?

RICO PANG:

Thanks, sure. Let’s start with the questions

Gold Rocket | Satoshi Club:

Q1 from Telegram user @jmalton

I’ve checked your whitepaper carefully and the FAQ section as well. Do you have control over the withdrawal part? I mean can you restrict it somehow? In case your platform is exploited, you have to control withdrawals to stop them from withdrawing funds. I remember this happened with wink last year

RICO PANG:

Yes, we observe it happened with a wink and a number of other platforms over the years.

For AllWin, we use two different systems of protection – antifraud for withdrawal systems, we also have email confirmation + 27 more protection solutions and are constantly strengthening them.

Our cybersecurity technology is able to detect any clones, bots, IPs that are identified during the login and etc. This ensures our user’s data are secure and there is no risk of such data breach in our platform. We are in the blockchain space and it’s a joke if we can’t secure our user’s privacy, like those centralized exchanges who always get the hack. We can’t be like them!

Gold Rocket | Satoshi Club:

And that’s a great answer! 👍

RICO PANG:

The users can freely withdrawal as it is a DeFi wallet on Blockchain. So technically we are not holding their tokens.

Gold Rocket | Satoshi Club:

This is a non-standard solution.

RICO PANG:

Unless they participate in the farming, then yes there is a lock up period of a month.

D| Satoshi Club:

Great to hear that! 👍 can you tell a bit more about those protection solutions?

As we all know cybersecurity is a very crucial part of any project

RICO PANG:

Unfortunately, I am not the tech gig, otherwise, I can go on about the protection solutions, For the tech side of things, feel free to PM me if you like to deep dive on the 27 protection solutions, I am happy to get you connected to our CTO and Tech team.

D| Satoshi Club:

Ok, thank you! I’m not a tech guy as well 😄 and let’s jump to the next question then?

Gold Rocket | Satoshi Club:

Me too🙈😁

RICO PANG:

I guess more of us are not, it’s pretty complicated cybersecurity architectures that were built for this platform. The tech team spends many months on R&D to come out with it. Sure

Gold Rocket | Satoshi Club:

Q2 from Telegram user @bullzblock

You have many options to hold your token and earn money. Farming with Allwin is very interesting because we will receive 60% of the fees. In this way, you have a utility and lowering the selling pressure. Although, if you had private sales at preferential prices, they might sell to take profits thus making pressure on the price. Did you have private sales?

RICO PANG:

We did not make any preferences or discounts, understanding the entire risk of a price drop in advance.

All our sales are carried out on Uniswap and on Zelwin.Games the platform at the Market rates. Our AllWin token price has been performing pretty steadily over the month. Feel free to check it out here: https://info.uniswap.org/pair/0x4e99fa63077c54a5c4e127e63de0e28ed247f9da

We have been gaining more popularity and liquidity, most of the retail investors are buying it for gaming purpose and staking

Gold Rocket | Satoshi Club:

Indeed, stable growth!

RICO PANG:

As of today, it’s about 0.23-0.24

Gold Rocket | Satoshi Club:

Not bad!

D| Satoshi Club:

So UNI is the only place where I can buy your tokens for now?

RICO PANG:

Yes for now, but we are already in discussion with a few centralized exchanges

Negotiating better terms, not in a hurry…. but as we have more retail investors and liquidity, we are considering the best options to make it easier for our supporters in different regions

Gold Rocket | Satoshi Club:

Will you tell us the secret with which ones?😉 We at Satoshi Club really love secrets😁

D| Satoshi Club:

Nice! UNI is great but fees…you know 😁 not many people happy about that

RICO PANG:

Not sure if I should tell it now, but I would give some hints. It’s not Tier 1 CEX like BINANCE or HUOBI for now…. we will consider it later. We are looking at 2nd tier Top 5 exchanges at the moment.

Gold Rocket | Satoshi Club:

Sounds good👍

RICO PANG:

Yes, I hate the UNI UX UI personally. I feel for everyone’s feelings too… We are all working towards something we are more familiar with.

D| Satoshi Club:

Be careful with bets 😁

Gold Rocket | Satoshi Club:

Everything is clear to me. Can we proceed to the next question?

RICO PANG:

Sure.

Gold Rocket | Satoshi Club:

Q3 from Telegram Username  @brodzonl

Allwin is an experimental protocol that unites some of the most exciting innovations in DeFi and crypto games.

What does crypto games mean, is that considered as a bet on a website or actual video games?

Does experimental protocol mean the project is Allwin DeFi is a risky project and income is not guaranteed?

RICO PANG:

Experimental means that we have combined many systems into one game and have not used this before.

And vice versa, we did everything as transparently and decentralized as possible, with complete and transparent reports that can be compared with real-time data on Binance. If you buy packages on the platform, then there are no risks. If you play a game, then your chances of doubling your capital are exactly 50%.

It’s a game to test your heart! Hahahahaha…. Can you afford a 50% calculated risk in life, such as a YES and NO decision?

It’s not like the Americans have a bigger issue than picking their next president between Trump and Biden. Games is like making choice and learning something at the same time. Making a move on Chess, such as in the latest movie the Queen’s Gambit. Are all part of the game

Gold Rocket | Satoshi Club:

The point of this: All Win😁

RICO PANG:

Yes. Hence, All Win.

Gold Rocket | Satoshi Club:

Thanks! Do you want to add something?

RICO PANG:

You are most welcomed. I am good. Thank you

Gold Rocket | Satoshi Club:

😊 with my pleasure

D| Satoshi Club:

What about ‘packages’? if I buy a package on your platform I will get some bonuses?

RICO PANG:

There is a range of packages that will suit your budget to start with. Yes, right now, there is limited time promotions going on right now… If you reload any packages, you will be getting 15% AllWin bonuses. Also, you will also get a $5

Gold Rocket | Satoshi Club:

Nice!

D| Satoshi Club:

Interesting! you can share a link if you want on this event

RICO PANG:

Only new registration using ZELWIN promo codes

D| Satoshi Club:

Understood 👍

RICO PANG:

https://zelwin.games/#r5f80b049754f444016fe11ce

This is the link for these promotions at a limited time only

Gold Rocket | Satoshi Club:

I need to try it after AMA😊

RICO PANG:

Sure. Thanks

Gold Rocket | Satoshi Club:

Can we proceed to the next question?

RICO PANG:

Yes, certainly

Gold Rocket | Satoshi Club:

Q4 from Telegram Username  @yzmoney

“Zelwin Play is based on a bet between the players on the relative change in the rate of a crypto asset in relation to USD in a short period of time. If you have placed a bet on a crypto asset that has, percentage-wise, increased in price more (or decreased in priceless) than your opponent’s asset in a 3-minute time period, you have won and doubled the amount sans the commission! ”

why do you call the game mining where in fact the players are betting against each other? why do you set it at 3min each game? Do you plan to add a long time frame for the game? Any plans for introducing API for bots to play the game?

D| Satoshi Club:

So many questions 😁

RICO PANG:

Haha

Gold Rocket | Satoshi Club:

Yes difficult question🤓

RICO PANG:

No worries. we will get through them. Because in our Zelwin.Games, in addition to playing against each other, a farming structure is implemented and if a user places his deposit or buys packages on the platform, then their funds go to the farming account and they receive profit from all games on the platform in proportion to their initial investment. The more people play, the more the farming yields will be generated to be shared by all the stackers. The game lasts 3 minutes because this is the optimal time and has been tested on thousands of players. 1 minute is too little. 5 minutes – people get tired. We looked at all this data on statistics and conversion. We are looking to introduce the API  for bots to play the game in December.

 

Gold Rocket | Satoshi Club:

You’ve thought of everything! Great news!

RICO PANG:

We are listening to the feedbacks of our users and their experiences… they are the most important people in the platform

D| Satoshi Club:

How long your mining/farming will last? will it end someday? 😀

RICO PANG:

We are doing our best to bring better gaming experiences to them. It will not end for now…

We don’t see that happening at least for now.

Gold Rocket | Satoshi Club:

Amazing!

RICO PANG:

This is one of our co-founder’s gaming wallet account and we are also playing it

Gold Rocket | Satoshi Club:

Do you personally play on your platform?

RICO PANG:

Of course.

Gold Rocket | Satoshi Club:

This is the main indicator for me. 😉

RICO PANG:

Please feel free to play with me, pm me to set a date, HaHaHa. I am also a poker, mahjong, Big D cards player

Gold Rocket | Satoshi Club:

😊 okay

RICO PANG:

http://www.calendly.com/ricopang

Gold Rocket | Satoshi Club:

I’m not very experienced. you have to teach me😁

D| Satoshi Club:

Great! in Satoshi club lots of poker fans and players 😄

RICO PANG:

For the community leaders who like to join our network and bring your friends, feel free to schedule a business appointment with me. I am happy to share the tricks in making you and your friends ALLWIN!

I guess I have just joined the right channel!

D| Satoshi Club:

HaHa indeed.

Gold Rocket | Satoshi Club:

Were we planning poker tournaments in my opinion? @Cool_as_Ice

RICO PANG:

Normally people who say that are really pro… I am also not very experienced 😄 @Cool_as_Ice? That’s awesome

D| Satoshi Club:

Need to ask @sspurss about this 😃

Gold Rocket | Satoshi Club:

Someday we have to learn new things.

RICO PANG:

Yes, we are learning new things every day… with Bitcoin ATH in the ALTVEMBER month

D| Satoshi Club:

Yeah, @sspurss planning this for a long time

RICO PANG:

We should start with Zelwin.Games then adjourned to Poker games

https://zelwin.games/#r5f80b049754f444016fe11ce

Gold Rocket | Satoshi Club:

@ricopang with special conditions for satoshi clubbers I hope😁

RICO PANG:

Wouldn’t it be cool if Zelwin.Games have poker games in it? Where we can all play with AllWin tokens? hahaha… Need to bring it back to our co-founders and see if that’s possible

Gold Rocket | Satoshi Club:

It would be nice❤️ Can we move on?

RICO PANG:

Sure

D| Satoshi Club:

Brilliant idea if you ask me 😊

Serg | Satoshi Club:

Yeh, we were trying to find a suitable crypto platform but didn’t find one yet

RICO PANG:

Duly noted @Cool_as_Ice @sspurss We shall explore this. Thanks for the feedback. Not many mahjong players here I guess?

Gold Rocket | Satoshi Club:

😁 excellent

D| Satoshi Club:

Well not me for sure, never played before 😄

RICO PANG:

What a pity, I will teach u if you like to learn one day. LOL.

D| Satoshi Club:

Haha, thanks!

Gold Rocket | Satoshi Club:

It will be possible to make a survey in Satoshi Club

Serg | Satoshi Club:

It would be great 🙂 We were thinking to organize a poker tournament at Satoshi Club

RICO PANG:

I will teach Nikolay to play with you all… so it’s a fair game beginners table. Shall we move to the next questions?

Gold Rocket | Satoshi Club:

Now there will be a question from the girl who takes all the prizes at Zelwin AMA

RICO PANG:

If there is anymore

Gold Rocket | Satoshi Club:

Q5 from Telegram Username  @NataliyaKil

I know of cases when players sell their promoted accounts on game portals to other people. Someone continues to play further, and someone uses these accounts for fraud. Have you faced such a situation on your platform? Are the player accounts undergoing some kind of verification and are they somehow protected?

RICO PANG:

We have no such issues with our platform at the moment. We have done already conducted stress testing on frauds, now already have a very powerful anti-fraud system built-in our system. Yes, there are verifications in place so don’t worry. Any more questions?

Gold Rocket | Satoshi Club:

Last one

D| Satoshi Club:

well we have just the last one in this part)

Gold Rocket | Satoshi Club:

Of this part

D| Satoshi Club:

And 10 in the next 😄

RICO PANG:

Lucky me, only…. 6 questions?

Gold Rocket | Satoshi Club:

Q6 from Telegram Username  @PaoloMonte87

In one recent article you stated that, among Allwin’s pros, there’s also the fact that it helps educating users on cryptocurrency, as well as its price movements, and also helping to better understand trading while playing bets. As a seldom online casino player, I have to bitterly (and ironically) admit that my previous gambling experiences didn’t teach me much other than that “the dealer always wins”. How would Allwin manage to achieve all these proposed educational feats?

D| Satoshi Club:

In this part yes, preselected and 10 in the next, in the live session

Gold Rocket | Satoshi Club:

Yes. in the first part 6.😁

RICO PANG:

Difference between the new project Zelwin.Games and many similar games already existing on the market is absolute transparency.

Each player will not depend on the solution of the system, algorithm, or other software tools like in Casino, the impartiality of which is often in doubt.

Participants compete in the correctness of the prediction only with other participants: with friends or random real opponents from a decentralized location. All data we used are lived from Binance in the game

D| Satoshi Club:

Thank you for your answer Rico! The first part of our AMA is over! the second part is ahead! we will open chat for 120 seconds, after closing you will need to select 10 questions from Satoshi club members! 😃

Gold Rocket | Satoshi Club:

@ricopang thank you for your answers

RICO PANG:

Super! Thank you for hosting today’s AMA!

D| Satoshi Club:

So are you ready for the second part? @ricopang

Gold Rocket | Satoshi Club:

Get ready for Niagara Falls questions

RICO PANG:

It’s my pleasure. Let’s go for it!

PART 2.QUESTIONS about the crypto project from the live chat of TELEGRAM COMMUNITY

In this part, we open a chat for the crypto community for 100 seconds. Then the guests from the Allwin DeFi project choose the top 10 questions. These 10 crypto enthusiasts have earned cryptocurrency in the sum 150$.

Q – 1 from a telegram user @Chinthaka93

ZELWIN games are on ALLWIN or another project? or the same as Zelwin?

RICO PANG:

Zelwin is an e-commerce platform. The Native token is ZELWIN.
Zelwin.Games is a gaming platform. The Native token is ALLWIN.

Q – 2 from a telegram user @Idee01

In a gaming project, one of the major things I look out for is FIAT Gateway. So, does the Allwin project have a FIAT gateway? Do you support various kinds of FIAT currency on your platform?

RICO PANG: 

It doesn’t have a fiat gateway, although you can use your VISA/MASTER Card. We are looking at integrating with another payment gateway for not so crypto ready crowded to use PayPal, Alipay &, etc.

Q – 3 from a telegram user @HurricaneLad

Your first inscription on your website clearly says in part “DOUBLE YOUR SAVINGS IN 3 MINUTES ”
This is very possible in a PONZI SCHEME but in the blockchain field, it’s almost impossible unless a WHALE wants to be generous to market buy. So, how can I double my portfolio under 3 minutes, please explain the concepts? I want to be bullish

RICO PANG:

Lol. Many people called Bitcoin a Ponzi scheme when it first started 12 years ago too. Most of the gamers and tech gigs were into and look at how it grew into today. You need to play with a strategy since it’s a 50% chance of winning.

https://zelwin.games/#r5f80b049754f444016fe11ce

Q – 4 from a telegram user  @KhaleesiTheCryptoLady

What are the terms and conditions in playing the Zelwin Gaming platform? Is there a required KYC for users or any participation requirement?

RICO PANG:

There is no KYC needed at the moment but we forsee that to be changed in the future when we have more games.

Q – 5 from a telegram user @AmirJosh

Allwin’s referral program participants can receive 40% of the platform’s commission from all the bets while the Marketing program for sellers who needed to buy your marketing package will rely on their invites or partners’ deposit to get rewards. With this setup, why do I have to buy your marketing package if I can make a profit by inviting friends via a referral program?

RICO PANG:

Absolutely. You are spot on! When your friends buy a package, you get certain referral incentives too.

Q – 6 from a telegram user @LLeeKuanYew

Allwin is decentralized finance (DeFi) farming P2P gaming platform. Is Allwin’s game #NFT?

RICO PANG:

Yes, Zelwin.Games launched it’s DeFi Token AllWin on Uniswap. At the moment, we haven’t got the NFT element yet. We may have it in the future and we are open about it as that’s what we believe will be the future of DeFi too!

The uniswap contract address for ALLWIN

Q – 7 from a telegram user  @Jonahapagu

You said you plan to attract more than 100000 players and reach 500 Million dollars token capitalization in 2021 this is quite Ambitious and only projects with highly dedicated teams and Real use cases can achieve such feats within a Year..I am not yet convinced about ALLWIN being able to achieve such feats by next year can you share with me your plans/roadmap and possibly convince me On how ALLWIN will attract more than 100000 Players and reach a $500,000,000 token capitalization by next year.

RICO PANG:

I believe in our crypto space and the gaming industry will not see this as ambitious. We are very proud of the innovations we are creating in the space as we are building a platform business. We welcome more game developers to join forces with us and community leaders to approach us to grow our industry. DeFi + Gaming + Network Marketing + etc etc. The door is open! Nothing is impossible!

Q – 8 from a telegram user @mrbitcoi

The financial markets, cryptos market … all fell due to the covid-19 epidemic. Does this affect your project development plan?

RICO PANG:

It did not affect our development plan over the pandemic, we became more united although we were all from different locations globally and we came together, got connected with all our crypto leaders in the space to support this project Zelwin.Games. I last met Nikolai in SPB last year after the Blockchain Life conference. We have been in touch and kept discussing how to create a better product and business in the blockchain space. In the midst of all these pandemic, we all got closer and work closely. We hope this will be the case for us in the crypto space, in Bitcoin we trust. In Blockchain we are united decentralized.

Q – 9 from a telegram user @bluefacebaby07

Is your project a scam project? What proves it to be a good project worth investing in?

RICO PANG:

We are not a scam project for sure. We don’t need any more scam projects in the crypto space ruining our reputations. If you spend more time understanding the project, do your homework. You will know this is a genuine platform business that has a lot of potentials. Yes, we may not be perfect at this stage, but we will definitely continue innovating new creations and improve over time. We will be the STEAM in the blockchain space one day!

Q – 10 from a telegram user @quocnguyen1234

Do you see who your biggest competitors are right now, and what do you think of your own projects in comparison to those projects? and what weaknesses in your project need to be addressed in order for users to choose your project over a competitor?

RICO PANG:

Thank you for this question. We are constantly reviewing ourselves so that we can remain competitive in this industry.

With our business model, we do not have comparable competitors but that doesn’t mean we will be successful. We are still working very hard to share our visions and our platform with more people in the space. We hope to get more support and feedback to make us better!

Part 3 – Quiz about Allwin DeFi project

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. Participants had 10 minutes to answer. 500$ 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:  Allwin DeFi

Telegram  | Game platform|  Website  |  Medium  |  Allwin PDF

Hello, Satoshi clubbers Another AMA took place at Satoshi Club and we would like to introduce to you the AMA session with crypto project ZELWIN. The first marketplace in the world where everyone makes money!

The AMA session was divided into 3 parts with a total crypto reward pool is 800$.

Leading the AMA our clever and fun admins:

@madamlobster and @Cool_as_Ice

The Representative of the project: 

Nikolay Shkilev – @VIPmentor (TG) ; @NShkilev (Tweeter) – Entrepreneur, Mentor, CEO Zelwin, Private Business Club

PART 1. INTRODUCTION of ZELWIN PROJECT AND COMMUNITY QUESTIONS.

Mary | Satoshi Club:

Hello, Satoshi Club! We are happy to announce our AMA session with Zelwin! @VIPmentor welcome to Satoshi Club😀

D| Satoshi Club:

Hello, Satoshi club! @VIPmentor hello and welcome!

Nikolay Mentor:

Hello everyone!

Mary | Satoshi Club:

Hello, how are you?) Happy to see you here again 🎊

Nikolay Mentor:

I’m fine, thanks!

D| Satoshi Club:

Second AMA with Zelwin in our club! 🥳

Nikolay Mentor:

How are you? Yes, one of the best community!

Mary | Satoshi Club:

I am great, looking forward amazing AMA session 😀👍 Thanks😊

Can you introduce yourself to those who could miss the previous AMA? And, of course, Zelwin👍 And tell us what’s new happened since we saw you here last time? Sure, you have a lot of good news 👍

Nikolay Mentor:

Sure. Here is my BIO: Nikolay Shkilev, PhD

Co-Founder and CEO of ZELWIN.com

Founder of Private Business Club

Rated Top 3 in People of Blockchain.

Serial entrepreneur. Speaker. Mentor. A businessman with 20 years of experience in owning different types of businesses, ranging from Ecommerce, FMCG, medicine, and logistics to IT technologies. In parallel, he works as a mentor, advisor to help dozens of projects worldwide, inc. Blockchain.

Nikolay Shkilev, PhD has many awards and titles in business:

🏆Self-Made Russia award

🏆Best IT mentor/advisor award

🏆Super TOP award (Business FM)

His Holding BaltShelf.com received the “Enterprise of the Year” award

Forbes:

https://www.forbes.com/sites/geraldfenech/2018/12/04/interview-nikolay-shkilev-advisor-crypto-enthusiast-and-mentor/

Entrepreneur:

https://www.entrepreneur.com/article/356435

Road2Billionaire:

Interview with Nikolay Shkilev

Telegram @VIPmentor

Wechat @VIPmentor

LinkedIn https://www.linkedin.com/in/vipmentor

Instagram: https://instagram.com/the_wall_street

ZELWIN.com – Global Marketplace of Goods

Online trading platform ZELWIN where we combined digital assets and e-commerce.

A huge advantage of this platform that for every purchase, customers get guaranteed cashback in ZLW tokens. They instantly can exchange these tokens for various cryptocurrencies, USD/EUR, send them to VISA/MasterCard or save them up.

Besides, it’s a ready-made product with a clear business model and with mass adoption.

Mary | Satoshi Club:

You have the unbelievable intro💪 And what about the news?)

Nikolay Mentor:

Thanks. We have a lot of news and progress

In many media like

https://www.entrepreneur.com/article/356435

Many partnerships, new clients and countries, etc

Mary | Satoshi Club:

Can you tell us some names?)

Nikolay Mentor:

Our price for ZLW token was $3 in last AMA, now more than $5 and we’re growing day by day

D| Satoshi Club:

BTW can you share information about your token? what’s the purpose, how many tokens in circulation etc? because public information is kinda confusing, especially regarding numbers  – coingecko doesn’t have proper information about your token, CMC has some crazy numbers about market cap, I’m not sure if those numbers are correct

Nikolay Mentor:

Sure, it’s Liquid (Japan Unicorn), Midas Protocol, Advance Cash, Stripe, BTS Labs, some new exchanges, etc.

Mary | Satoshi Club:

Oh, it’s famous names👍 Congrats 🎉

Hope you will get SCE (Satoshi Club Effect) right after our AMA today😂

Nikolay Mentor:

Coinmarketcap reflects full information, but Сoingeсko does not. My team has already written 10 letters to Сoingeсko, we are waiting for a response from them.

https://coinmarketcap.com/currencies/zelwin/

D| Satoshi Club:

But if you have a market cap ~ $301 885 728 USD you should be in the Top 50?

Nikolay Mentor:

Mary | Satoshi Club:

Maybe they are busy, a lot of new projects right now, but it’s important to have clear info, so, thank you for sharing 👍

Nikolay Mentor:

That’s right, but corruption and a new СMС system are at work here. We have to place on their 3 partners for non-market prices and only then they will include us in the top 50

Now we are solving this issue, but I do not like it – this is extortion in its purest form

D| Satoshi Club:

Got it! thanks for this info! 👍

Mary | Satoshi Club:

Never heard about these rules🤦

Nikolay Mentor:

Btw, 1 is done already- it’s Midas Protocol

Yes. It’s true. If you want to be on top – you must separate to pay dozens of BTC to CMC’s partners

Mary | Satoshi Club:

Now I understand why everyone is moving to Coingescko) but they have their issues as well🤷

Anyway, I hope everything will be resolved soon👍

Nikolay Mentor:

Exactly lol. And we’ll try to resolve with Coingecko too

Mary | Satoshi Club:

Sure, you will😉

Thank you, Nikolay! It was a great intro (as usually 😂) and we have questions from our community) Ready to answer them?)

Nikolay Mentor:

Sure, my friends!

D| Satoshi Club:

Let’s dive into questions!

Q1 from Telegram user @bitcoinistic

You said that the registration for merchants is free for the first 1000 stores. May I ask if you already achieved this threshold? How many active stores do you have?

Nikolay Mentor:

Left 200. 800 is Already Done

Mary | Satoshi Club:

How fast did you get them? I mean how much time passed since you got first?)

Nikolay Mentor:

2-3 months

Mary | Satoshi Club:

Cosmic speed)

Nikolay Mentor:

Big team and community in 30+ countries

Mary | Satoshi Club:

And do you have statistics about purchases on your marketplace?)

D| Satoshi Club:

Nice! awesome results!

Nikolay Mentor:

Yes, of course. But I have no right to divulge numbers and profits =)

Mary | Satoshi Club:

Oh, got it) so… Let’s go to the next question?)

Nikolay Mentor:

Yes

D| Satoshi Club:

Q2 from Telegram user @maxzerone

For 3-4 hours, I am trying to access the website. So, I am not able to study your project and ask a question about the project, haha. So, I am asking this: what is happening with the website? Are you under attack?

Nikolay Mentor:

Yes, they began to blackmail us in front of your AMA and now they harshly harassed us, we will raise everything soon. But powerful guys took over. We will solve everything soon

D| Satoshi Club:

Ok, wish you to solve this issue asap!

Mary | Satoshi Club:

Bad guys, I also have problems

Nikolay Mentor:

Full info you can find here:

Mary | Satoshi Club:

Yes, thank you 👍

Nikolay Mentor:

Yes. We receive a lot of attacks every week, but we’ll resolve it. Big DDoS

Mary | Satoshi Club:

Why they’re doing this?

Nikolay Mentor:

For money – ask a lot of money every time, but we don’t pay.

Mary | Satoshi Club:

It’s the right decision 👍

And ready to go forward to the next question?)

Nikolay Mentor:

This means that we are considered a large and successful project. Little ones are usually not hacked, in my opinion

D| Satoshi Club:

No negotiations with terrorists!

Nikolay Mentor:

Yes, 100%

D| Satoshi Club:

Q3 from Telegram user @NataliyaKil

How is the % of purchase that buyers earn as ZLW calculated? Is this % set only by you or are you discussing this with a seller who offers their goods on your platform? Or do you have a certain gradation by product group?

Nikolay Mentor:

Btw, it means that hackers also read Satoshi Club lol

Mary | Satoshi Club:

We can tell them the same😂

Nikolay Mentor:

Good question! We have a fixed minimum cashback in our tokens, but the Seller can place any cashback on his own. We do not limit them in this.

Additional advantages of work with ZELWIN for Sellers:

– Free and convenient placement of goods;

– They are paying the fee only when selling;

– They select which goods to sell and at which prices;

– As I told before they select the customer’s cashback size;

0 Risks. Zelwin – it’s an additional sales channel with FREE registration.

Nikolay Mentor:

Done

Mary | Satoshi Club:

Btw, did you refuse at least one seller for any reason?)

Nikolay Mentor:

Yes, a lot! Many reasons: No bank’s account,

No KYC,

Bad photos etc.

Mary | Satoshi Club:

Oh, so you could have more than 1000) but you are careful 😉

D| Satoshi Club:

And how fast after selling/buying I can exchange ZLW to fiat for example?

Nikolay Mentor:

Very quickly – on our exchanger in few clicks on ex.zelwin.com or at the 5 exchanges.

But after a deal – We’re working as an escrow until the product will be delivered. Only after delivery Seller will receive money and Customer will receive goods and cashback to avoid scammers,

It’s the safest way for both parties (Seller and Buyer).

D| Satoshi Club:

Great! very safe for both sides!  👍

Nikolay Mentor:

Btw, https://ex.zelwin.com/ is already repaired. Waiting for the main website

D| Satoshi Club:

Nice! Thank you for your answer Nikolay! we can jump to the next question now?

Nikolay Mentor:

Sure

D| Satoshi Club:

Let’s goooo!

Q4 from Telegram user  @konditer_rolex

I looked after myself with a mini 3-D printer. I have wanted for a long time. It is written that the seller has a local warehouse in my country and delivery is only 24 hours. And it would seem that everything should suit me, but I did not find information about the seller either on the website or on the Internet. Tell me, do you add everyone to the marketplace? Is there some kind of seller verification? Is it possible for the buyer to contact the seller on the site? Something like a secret chat.

D| Satoshi Club:

Secret chat 👀 might be an interesting option…

Mary | Satoshi Club:

Where are secrets?)

D| Satoshi Club:

Secret chats are only for secrets

Nikolay Mentor:

Of course, to communicate with the Seller, there is a “Messages” section in your personal account. You can ask questions to the Seller in this section.

The main questions about making purchases on the marketplace are in the FAQ section. Sellers will be able to answer questions regarding delivery times and product characteristics etc. etc.

And of course, we’re checking our Merchants and they don’t receive your money before full delivery!

Done

It’s like a secret, nobody can see it

Mary | Satoshi Club:

As I understand your sellers and buyers are from different countries? Can you tell us which countries are most active?) Without numbers)

Nikolay Mentor:

Most Asian countries, Russia, Europe, USA…Latam and MENA not so active, but we’re working on it.

D| Satoshi Club:

Sellers usually answer immediately or buyers need to wait sometime?

Nikolay Mentor:

It depends only on Sellers. Some respond very quickly, others slowly. Like everywhere else in life. This is probably why some sell much more than others. Done =)

Mary | Satoshi Club:

Good geography 👍

Nikolay Mentor:

We’re trying

Mary | Satoshi Club:

Sure you will be worldwide😀 And ready for the next question?)

Nikolay Mentor:

Yes! Btw, a few days ago Zelwin was in Shanghai with KuCoin, Suchi etc.

Mary | Satoshi Club:

Oh, nice event👍

D| Satoshi Club:

Q5 from Telegram user @Jonahapagu

One of the new Innovations after your last AMA in Satoshi Club is Zelwin. games which is a marketplace for games and you said you have signed an agreement with a big Defi Game project.. Currently what are the types of games available in Zelwin games and if I have a game which I want to be available on the platform how do I get the game there and how can users earn from this platform. Can you also tell us what Big Defi game project you partnered with?

Nikolay Mentor:

Yes. We created a Marketplace for Games also https://zelwin.games/

The first game with farming, referral system, etc. is Allwin, and this Wednesday you’ll have AMA with Allwin. Soon we’ll add a second Defi game.

Mary | Satoshi Club:

Oh, yes) now I understand 😂

So, what about Big DeFi name?) Will it is disclosed on Wednesday?)

Nikolay Mentor:

We’re growing and now in ZELWIN ecosystem:

The marketplace of goods https://zelwin.com/

Affiliate program https://zelwin.com/become-a-partner

Exchanger https://ex.zelwin.com/

Games https://zelwin.games/

For Sellers https://zelwin.com/start-selling

Mary | Satoshi Club:

Yes, the big infrastructure 😃 👍 you never stop)

Nikolay Mentor:

Name is ALLWIN. Already on Uniswap and growing. Yes, we’re trying to do as much as possible

Mary | Satoshi Club:

Oh👍 sure, my bad😂 Monday😂

And can we go to the 6th question, the last from this part?) 

Nikolay Mentor:

Sure!

D| Satoshi Club:

Q6 from Telegram user @PaoloMonte87

In one article related to your project, it’s stated that – in a not so distant future – Zelwin will be launching a Peer-To-Peer betting platform and that in preparation for this event you will be striking new collaborations throughout the crypto sphere with bloggers and several illustrious names there. I do feel puzzled though: while diversification can be a great thing and surely bring more cash flow in the case of a betting platform (if successful)… still in my mind the association between the marketplace and casino games within the same branding name is not winning one. It’s as if tomorrow huge marketplaces such as Amazon or eBay announced the launch of a new casino on their online platforms: it simply clashes with the traditional, positive image of the “classic marketplace” and I believe this might take negative connotations. Why lean towards betting within the same project? Wouldn’t it be better to tie the betting platform via a completely new name or seemingly unrelated project initiative?

Nikolay Mentor:

This is a very competent question.

The article is not entirely correct. We have made a gaming platform that can host different games with different names. We invite everyone there. We made a marketplace for games, not the game itself. The first game has its own separate site.

There are no games on the marketplace of goods itself.

D| Satoshi Club:

So if I made a game, how can I add it to your platform? there are some requirements?

Nikolay Mentor:

Yes. Just send your inquiry to e-mail: info@zelwin.com or to me in Telegram or to @ZELWINadmin

Or here:

https://t.me/zelwinchat

D| Satoshi Club:

Ok, got it! 👍 Thank you for all your answers in this part Nikolay! let’s move to the next part of our AMA now! ready?

Mary | Satoshi Club:

Live questions 🎉🎊

PART 2. QUESTIONS about ZELWIN PROJECT from the live chat of TELEGRAM COMMUNITY

In this part, we open a chat for the crypto community for 100 seconds. Then the guests from the crypto project choose the top 10 questions. These 10 crypto enthusiasts have earned cryptocurrency in the sum 150$.

Q – 1 from a telegram user  @Idee01

Zelwin token organically grew by 700% within 6month. This is huge! What do you believe were the growth drivers for $ZLW token during this period? In what ways can I earn $ZLW token so I can store it for the long term?

Nikolay Mentor:

The secret is “simple”:

Before our launch, we didn’t any ICO, IEO, airdrops, discounts, pre-sale, etc.
We have a clear business model and real mass adoption + community + marketing
And team don’t sell tokens

You can buy goods and receive cashback in Zelwin tokens, you can use our referral program, you can buy ZLW on exchanges or on ex.zelwin.com

Q – 2 from a telegram user @warny

If I refer buyers, stores, or other partners to ZELWIN, how much in bonuses will I get for the purchases they made on ZELWIN?

Nikolay Mentor:

1. If you invite Sellers on our platform your income from 1% to 20% from all store cashback (from sales)

2. If you invite Buyers on our platform your income 20% from all their cashback

3. If you invite Partners on our platform your income up to 30% for
each package purchased

Q – 3 from a telegram user @Nickkiii

How can I continue to do my day-to-day activities and make money on ZELWIN without been distracted from my main job?

Nikolay Mentor:

We do not ask you to work during business hours, have a separate office and something like that. It’s enough just to be active and invite buyers, sellers to our marketplace. It’s easy to do this in parallel with your main job. We already have thousands of partners around the world and most of them have main jobs. It doesn’t bother them.

Q – 4 from a telegram user @Chinthaka93

When Zelwin list on Binance? Most of the investors of Zelwin are waiting for this, what is your plan on listing ZLW on Binance?

Nikolay Mentor:

We also want to get to Binance, but do not yet understand the optimal path. If you have a solution, we will be happy to hear it.
Q – 5 from a telegram user @TranAnh01

Zelwin regularly organizes conferences to meet partners and investors, so does Zelwin regularly organize training and mentoring sessions for its employees to update skills and trends?

Nikolay Mentor:

Yes, of course, + we have a lot of ZOOMs with experts in Blockchain and from other big projects.
Q – 6 from a telegram user  @BJosefina61

Zelwin Medium Page has not published since April. Why? Where can we find out about the most relevant progress of the project?

Nikolay Mentor:

Thanks for the important rebuke about Medium.
We really forgot about Medium. Our mistake, let’s fix it.

About our progress you can read in other Media (just a few of them):

https://www.entrepreneur.com/article/356435
http://www.forbeschina.com/business/47879
https://www.theamericanreporter.com/berlin-international-real-estate-and-investment-congress-promises-premieres/
https://hackernoon.com/top-20-promising-blockchain-projects-in-2020-3d2d3yix
https://finance.yahoo.com/amphtml/news/zelwin-launched-gaming-marketplace-cryptocurrency-183800697.html
https://markets.businessinsider.com/news/stocks/zelwin-has-launched-a-gaming-marketplace-with-cryptocurrency-betting-1029623890#
https://medium.com/zelwin/what-is-zelwin-com-6a557c7e7d3c
https://medium.com/zelwin/zelwin-affiliate-program-21a7ac81495a
https://www.fox34.com/story/41878194/the-vi-international-congress-of-real-estate-and-investment-2020-ended-in-berlin
https://www.abc-7.com/story/41878194/the-vi-international-congress-of-real-estate-and-investment-2020-ended-in-berlin
http://www.digitaljournal.com/pr/4617685
https://coinstelegram.ru/2020/04/25/zelwin-globalnyj-kripto-marketplejs-vygygodnykh-pokupok/
https://www.asiacryptos.com/2020/05/zelwin.html
https://nanonews.id/apa-itu-zelwin/
https://nanonews.id/zelwin-berlin-real-estate-dan-kongres-investasi-perdana/
https://diutocoinnews.com.ng/interview-session-zelwin-com/00/30/
https://qryptocentral.com/2020/06/02/an-interview-with-nikolay-shkilev-ceo-of-zelwin-com/
https://www.ajoobz.com/ar/project-reports/zlwar/
https://www.ajoobz.com/project-reports/zlw/
https://www.rbc.ru/crypto/news/5ee9a2c89a7947ebf3322e48?from=main
https://bmag.io/2020/04/13/5-promising-blockchain-startups-in-2020/
https://cryptomoonpress.com/planning-to-invest-in-a-blockchain-project-here-are-top-10-leading-projects-in-2020/
https://share.insider.thomsonreuters.com/link?entryId=1_60jrgkn7
https://blog.digifinex.com/2020/07/29/digifinex-ama-recap-seamless-integration-of-digital-assets-and-ecommerce/
https://blog.digifinex.xyz/2020/07/29/digifinex
https://esatoshi.club/zelwin-x-satoshi-club-ama-recap-from-august-7th/
https://nowpayments.io/blog/5-new-crypto-projects-of-2020-to-follow-closely/
https://www.beekuaibao.com/article/772240004497780736
https://www.sohu.com/a/429537905_120304930
https://www.jinse.com/news/blockchain/899417.html
https://twitter.com/crypto_herman/status/1322881491014164486?s=21
https://app.voice.com/post/@jilliangodsil/cryptowriter-making-mass-adoption-a-thing-1602845603-1
https://irishtechnews.ie/mass-adoption-crypto-taking-on-amazon/amp/
https://wholesaleinvestor.com.au/zelwin-makes-a-deal-with-it-giants-yandex-stripe-liquid-qiwi-paysera-webmoney/
https://drive.google.com/file/d/1nmgrl3iaGvVcpEsweHsXMucwovICK2uT/view?usp=drivesdk

Or in our Global Telegram group:

https://t.me/zelwinchat

Q – 7 from a telegram user @KeymerS

In a few days, this year’s Black Friday will be celebrated, finding great offers in multiple shops, both digital and traditional, in Zelwin you can find great offers too? or is it totally isolated from all shops?

Nikolay Mentor:

Yes, we have now prepared with the marketing team and various sellers huge discounts and bonuses for a whole series of products and are actively launching advertising with millions of views. It remains only now to defeat the hackers lol

Q – 8 from a telegram user @KelierTG

🖐🏼 How much money can you earn as a Zelwin affiliate? Do you have data on how much money some people are making?

Nikolay Mentor:

Last week, 314 partners were able to earn over $ 1000 in one week by actively participating in our affiliate program

Q – 9 from a telegram user IRINA

I’m not sure if I should invest in ZELWIN? Is ZELWIN really worth it?

Nikolay Mentor:

1. We came here seriously and for a long time with a real product that will work for many years.

2. Our users earn tens, hundreds of percent every month, and why are you missing your chance?

3. You always need to have different currencies in your assets:

– fiat money – for convenience and life
– stable coins – this will not give you profit, but it will bring stability
– bitcoin – a must have for every crypto fan
– a small part of very risky new currencies – a big risk of loss, but the profit can be decent
– to have powerful altcoins, like Zelwin (ZLW), which no longer carry risks, but which bring decent profits for a long time, which will not give stable coins.

Q – 10 from a telegram user @zaferce

Most projects give or distribute tokens in many areas. This can cause a decrease in the token prices of that project. But Zelwin sees this as a risk and you only want it to be used as a means of purchase and payment. How successful has this process been so far and what are the additional decisions you have made in securing ZLW’s price stability?

Nikolay Mentor:

You’re right. We did not give out tokens before the start.
You can understand how successful our strategy was by our dynamics. 6 months ago, we started at $ 0.92, and now the ZLW token costs more than $ 5. We were on 1 exchange, now on five

And usually, all Marketplaces receives 100% of the commission themselves. We’re sending up to 50% of our commission to people as cashback.

And our price is good!
We have a clear business model:

– seller sends us 100 dollars of commission
– we send 50 dollars of cashback to the buyer but in our tokens
– We still have in our pocket 100 real dollars.
– And then we can buy all those tokens back from exchanges for real 50 bucks

It means that in the final stage we will have 50 dollars in our pocket and also will have returned all tokens back!

THIS CREATES A NATURAL DEFICIT OF OUR TOKENS AND CAN INCREASE THE VALUE OF OUR DIGITAL ASSETS BY SEVERAL TIMES!

Part 3 – Quiz about crypto project Ferrum Network

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. Participants had 10 minutes to answer. 500$ 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:  Zelwin

Telegram  |  Tweeter  |  Website  |  Facebook

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 VAIOT. The AMA took place on 20 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

Mary | Satoshi Clubadmin

Hello again, Satoshi Club! We are happy to announce our AMA session with VAIOT! welcome to Satoshi Club:grinning:

D. | Satoshi Clubadmin

hello everyone!

Mary | Satoshi Clubadmin

@daniell1337 @szachnom , @ba1ciu @APawelVAIOT welcome to Satoshi Club :grinning:

D. | Satoshi Clubadmin

@daniell1337 @szachnom @ba1ciu @APawelVAIOT hello guys! nice to see you here! :grinning:

APawelVAIOT

Hello! Pleasure to be here!

Michał Szachno

Hello everybody 😀

Jakub Kobeldys

:wave:

Daniel

Hey everybody 🙂

APawelVAIOT

Good to have you here mate!

D. | Satoshi Clubadmin

hello! good to have you here:grin:

Mary | Satoshi Clubadmin

Hello, everyone again, happy we are here all:joy:

D. | Satoshi Clubadmin

and we can start our AMA! :blush:

Mary | Satoshi Clubadmin

And guys, please, introduce yourself and VAIOT project to our users:grinning:

APawelVAIOT

Sure. Me name is Pawel and I’m the COO at VAIOT. I’m a Project Manager by training and experience. I’ve worked for big companies in Poland and in the UK managing IT projects in the areas of network infrastructure, app development, infosec etc. I also managed an Infosec department for one of the polish IT companies. Worked for BNP Paribas, Atos, Royal Mail, Aviva and few more. Happy to lead the operations and project management activity for VAIOT now!

Daniel

I will keep it short and simple 🙂

My name is Daniel and I am leading all marketing efforts at VAIOT. I manage all our social media channels, growth efforts and community related activities.

Mary | Satoshi Clubadmin

Oh, you have a lot of work to do and do it perfect :+1:

Great background, sure it will help a lot for VAIOT development 😉

Jakub Kobeldys

Cheers everybody. I’m leading development team at VAIOT and I’m happy to be of service if you have any technical questions about our solutions 🤓Ah..and my name is right above the post

Mary | Satoshi Clubadmin

Jakub, you are that guy that make magic:joy: and everything works)

D. | Satoshi Clubadmin

yeah, in Satoshi club you can find all sorts of questions:smile:i think we will have technical questions for sure today

Michał Szachno

Hello, good to have you here! I am the co-founder and Lead Blockchain Expert at VAIOT.

On daily basis I focus on the research and development of our solutions. Will be glad to assist you on any blockchain and token related questions 🙂

APawelVAIOT

Regarding VAIOT there are few important points you need to take away from this AMA. First VAIOT is developing a portfolio of Intelligent Virtual Assistants for both business and consumers within three business lines (more in our WP). Second of all we combine AI with Blockchain do delvier our solutions. Third, we are the first ever project to be regulated as a Virtual Financial Asset in Malta -a fully regulated crypto offering supervised by Grant Thornton and Malta Financial Services Authorithy. We are now in the process of developing our first business line, the AI Sales Assistant, with beta already distributed for closed testing (we have around 50 testers from the community now). We have designed a proper token economy to support our solutions and incentivize users to use them. We worked togheter with IBM on our PoC for business line 1. We invite you to view our website, see the explainer videos and consider our main goal the AI Legal Assistant!

Mary | Satoshi Club

He definetly have magic hands.. no matter how it sounds 😀

Jakub Kobeldys

I guess you know it firsthand :japanese_ogre:

Mary | Satoshi Clubadmin

You’re like a father of this project, sure you will explain a lot of things today:+1:

APawelVAIOT

shouldn’t open this pandora box…my bad :joy:

Mary | Satoshi Clubadmin

Lol :joy:

Thank you, guys for this great intros and i think we can start with the questions from our community :+1: :grinning:

APawelVAIOT

Let’s do it 😉

Mary | Satoshi Clubadmin

Prepare your fingers 😉

D. | Satoshi Clubadmin

let’s gooo!

Q1 from Telegram Username @reinleoken

How do we get VAI token? Or is it only users of the platform for that are given VAI token as rewards?

a small question but so important:wink:

Michał Szachno

VAI Tokens are offered through IVFAO (Initial Virtual Financial Asset Offering) meaning it needs to be officially distributed to the broader audience in form of a Public Sale by design. You’ll be able to buy VAI Tokens in the Public Sale that is planned for Q4 2020/Q1 2021. Tokens are also distributed to the community for their engagement e.g. ongoing support for the beta testing of our AI Assistant. :stuck_out_tongue_winking_eye:

Mary | Satoshi Clubadmin

So, you will have just Public Sale or Private Sale also had place?

Michał Szachno

We already have had Seed Sale as well as regular Private Sale. Currently we are preparing a Public Sale for the community.

D. | Satoshi Clubadmin

can people get your token doing some social tasks? like writing articles for you, for instance?

APawelVAIOT

We consider beta testing a social work 😉 and we have something planned in the Marketing Department as well, but Daniel will elaborate on that

Daniel

the marketing department is planning a social rewards program for the future. Meaning that we will reward people for engagement and certain taks – this could also be writing an article for example

D. | Satoshi Clubadmin

very nice!

Mary | Satoshi Clubadmin

Thank you guys:grinning: i see all have opportunities to get VAI tokens!

Ready for the next question?

APawelVAIOT

Sure 🙂

D. | Satoshi Clubadmin

Q2 from Telegram Username @dustyllanos

How much of an assurance that the VAIOT’s AI Lawyers will not fail or will not be manipulated by a human intervention?

Michał Szachno

In VAIOT, AI algorithms are depolyed on-chain, it guarantees the immutability and does not leave the room for the unnoticed manipulation. The only human intervention in the process takes place during supervised learning. Blockchain is all for transparency and not let any manipulation go without a notice. That’s one of main reasons why we combine those two technologies together 🙂

APawelVAIOT

Well, first of all, we base the AI Legal Assistant on the verified legal database, delivered by our partners and law firms (known globally and locally). And as you know AI requires huge amounts of data to be properly trained and developed. The assurance you seek lies in the professional knowledge of our partners delivering data and the learning capabilities. The AI Lawyer is only as good as the data it has received and we make sure the training data sets are of best quality we can deliver. When it comes to manipulation by a human intervention – well as the contract code is created by the AI through highly automated processes based on quality data we minimze the chance for manipulation. And since the AI always can be manipulated in a way we had blockchain to fill in that part and do its job.

Mary | Satoshi Clubadmin

Can you give us your partners names?:grinning:

Yes, it’s a good reason :+1:

APawelVAIOT

Sure we work closely with Grant Thornton which a renown consulting company with huge legal and compliance depertments globally + we work with smaller law firms locally like for example Hance Law Avocats in Luxembourg. We also work with research bodies such Maltese University. We have few other partnerships in negotiations right now.

which is*

Daniel

A detailed list of our partners can also be found on www.vaiot.ai

Make sure to check it out :point_up_2:

D. | Satoshi Clubadmin

solid partners! :+1: thank you for answers! very informative! are you ready to jump to the next question?

APawelVAIOT

yes please !

Michał Szachno

YES 😀

D. | Satoshi Clubadmin

Q3 from Telegram Username @PaoloMonte87

I know that VAIOT is now undergoing the beta testing phase and interested people can ask for beta access. How can I request to be part of the beta testing? Are there any requirements to join? What kind of feedback will you require from beta testers? And finally what are the other advantages for beta testers, other than the exclusive, full hands-on preview on VAIOT’s inner workings (which I believe will be already an extremely rewarding experience) ?

APawelVAIOT

That is true. We have selected a group of people from our community to test our solution’s beta. We have some researchers, blockchain experts and enthusiasts, business-oriented people, and people working for different companies that want to implement VAIOT into their business operations testing the app. There is still a “Request ACCESS” button at www.vaiot.ai but we currently closed the first round of applications for beta testing. We still encourage you to sign up as we are planning to reopen the application process in the near future as new functionalities will come alive and they will require testing. In terms of feedback we have a BETA TESTERS MANUAL ready which shows exactly how you should give the feedback. We are looking for bugs, ideas for potential improvements and potential, future functionalities. Other than being able to play with VAIOT and get to talk with the guy as a Beta Tester you’ll get rewarded with VAI Tokens for participation and best testers are rewarded with some decent rewards in VAI Tokens.

Mary | Satoshi Clubadmin

How your testing is going? Did that guys you already selected help you?)

APawelVAIOT

Oh a lot. We already had two rounds of feedback and retests. We have a old-time xls file shared with beta testers community that shows the progress on their ideas and suggestions (and bugs that they found of course:)). We already got some decent feedback regarding the app + we already have some good sugesstions for future development, and we really appreciate that !

Mary | Satoshi Clubadmin

Amazing! It shows that you are moving in a right direction!

Ready to go forward to the next question?)

APawelVAIOT

nothing better than the feedback from the community 😉

sure

D. | Satoshi Clubadmin

Q4 from Telegram Username @Jonahapagu

VAIOT happens to be the first company regulated under the Maltese Virtual Financial Assets Act and you also carried out an IVFAO (Initial Virtual Financial Assets Offering) in adherence to the provisions of Malta’s regulatory framework… This shows that VAIOT is highly committed to being regulatory compliant.. what other regulatory compliances will VAIOT be pursuing and for the IVFAO you carried out can you tell us how the involvement of regulatory compliance has affected the outcome of the initial offering of your Tokens.. in other words was the success of your Initial token offering impacted positively or negatively by this…

APawelVAIOT

Highly commited. Right from the start we were looking for a regulatory framework. We know how important it can get these days, especially with AML/CFT matters. Well we are actually still in the middle of the IVFAO – so it is far from being done;) The Public Sale is ahead of us, planned for Q1 2021 and IVFAO is not done until Public Sale is done;). We invite everyone to join and get your VAI Tokens which are now Virtual Financial Assets. What we know already know is that through the regulation we are put under a lot of pressure in terms of proper KYC for AML/CFT, we are closely monitored, watched and audited. We have the AML watchdog looking at as all the time! This affects the sale processes operationally but it ensures that we are crystal clear in terms of AML/CFT and we offer credibility to our investors. All our actions are closly watched so we need to deliver what we promise. We already see a postive impact of beging the first regulated VFA project, we get a lot of postivie feedback from the community with people saying “that’s something I’ve been waiting for”. We also get more interest from institutional investors and private investors as they often require a degree of regulation and control.

To add to that the regulation required a professional business plans, including long-term financial forecasts; it required security audits, both ISO 27001 and code audits, it requires financial audits as well; and it also means that our Whitepaper was closely analyzed from every possible angle by MFSA and our VFA Agent Grant Thornton

Mary | Satoshi Clubadmin

On which stages KYC for your users, members will be required? For Sale, for testing to get tokens, right?

D. | Satoshi Clubadmin

great! looks like you doing everything right in every possible way :smiley:great work!

APawelVAIOT

Sale only and then in the application itself when you want to make more significant transcations 😉 basically when we accept funds in exchange for VAI Tokens we have to do proper KYC 🙂

both for Private Sale and Public Sale investors

Mary | Satoshi Clubadmin

Thank you:grinning: ready for the next question?)

APawelVAIOT

Sure:)

Michał Szachno

:ok_hand:

D. | Satoshi Clubadmin

let’s continue!

Q5 from Telegram Username @cattlewhat

From what I’ve seen on your platforms (Telegram, Twitter, Youtube) you look like a pretty organized and well-managed project. I didn’t like though that you give very little numbers. Can you tell us how many people are testing now your platform? What is the feedback they give? Are there any customers that already use your assistant? Some real figures would help. Otherwise looks like a great project!

i think this question was partially covered:smile:

APawelVAIOT

Partially yes 😉 let me cover the rest of it 😉

APawelVAIOT

First of all, this is noted 😉 we’ll definetly try to show more numbers 😉 We have around 50 people from the community testing the app in the first round of beta testing + we have both internal and external professional testers that do the job. The feedback is that they like what they see but there are some sugesstions and ideas for improvements and new functionalities which we analyze. Really good ones to be honest – that is why the strenght of every app dev project lies within user feedback. We have a pilot implementation for one client in Europe initially planned for early next year (I can only say it will be a VCommerce) + some ongoing coversation with two companies from insurance and HR sector. We will look more into giving you more numbers with future project development 😉

Mary | Satoshi Clubadmin

Great:+1: i see that you are not going to stop!

APawelVAIOT

lots of Duracell batteries attached to our backs 😉

D. | Satoshi Clubadmin

by the way, when do you approximately plan to reopen next round for testers? when new testers can join your program?

APawelVAIOT

Planned for Q1 2021, after the public sale

Mary | Satoshi Clubadmin

Thanks, let’s go to the 6th question?)

Michał Szachno

Can not wait 🙂

D. | Satoshi Clubadmin

the last question from this part!

Q6 from Telegram Username @olivvc

I saw that you are putting forward a lot your affiliation with IBM (which makes sense). Are you an official partner of IBM or you’re just using their IBM Watson technology?

APawelVAIOT

Well, it is not just a logo on our website. We did a joint Proof of Concept project with them, our development teams worked togheter for few months. We worked on two examples of VAIOT AI Assistant, first one C2C transcation for selling a car between two consumers and the other one was the one that we develop further so the Assistant for an insurance company acting as an Intelligent Sales Channel. We were invited to some IBM conferences as speakers and we are now preparing a joint approach to clients (IBM Sales team will approach clients with VAIOT AI Assistant). But yes of course, we are using Watson technology as well.

Daniel

@olivvc

you can also check out @APawelVAIOT speaking at the IBM Data & AI Virtual Forum

He is talking about our cooperation with IBM there as well.

YouTube

VAIOT speaking at the IBM Data & AI Virtual Forum

VAIOT and IBM talked about our partnership on 23.06.2020 at the IBM Data and AI Virtual Forum Poland, where our COO – Pawel Andruszkiewicz – was inter…

[Video]

D. | Satoshi Clubadmin

thanks! another great youtube channel to subscribe :+1:

Mary | Satoshi Clubadmin

I am collecting such videos to watch:+1: thank you!

D. | Satoshi Clubadmin

and now guys are you ready for the second part of our AMA? :grinning:

Michał Szachno

Let’s get it rolling!

Mary | Satoshi Clubadmin

Let’s go :rocket:

Part 2 — live questions from the Telegram community

D. | Satoshi Clubadmin

@daniell1337 @szachnom @ba1ciu @APawelVAIOT we will open chat for 120 seconds, our community will ask you some questions, after we close the chat, kindly select 10 questions from Satoshi club members!

Q1 from Telegram user Jake Micheal

The beta version of VAIOT is done. We can request access and join our closed beta testing community.

We can send you our comments, remarks and ideas and most active testers will be rewarded with VAI Tokens!

Who can we contact so we can become one of testers and get reward for doing it and can you explain what can be reported so people don’t do fake reports?

Daniel

Hey Jake, thanks for asking.

You can simply request access to join the beta on our website —> https://vaiot.ai/

We will review your application and send you further instructions via e-mail.

Feedback is collected in a joint telegram group.

More information can be found in our medium article as well —> https://vaiotltd.medium.com/closed-beta-testing-is-live-9d8ee3f34bd1

Q2 from Telegram user Jones Kene

We are a company with real business models, offering solutions that answer real business and consumers’ needs” What consumer need is your models solving? What real life solution does VAIOT aim to bring?

APawelVAIOT

Our business line 1 consists of the portoflio of Intelligent Virtual Assistants designed on a case-by-case basis for companies to offer it as an Intelligent Sales/Communication for their customers e.g. insurance companies for sales of their insurance products or HR companies for onboarding and recrutiment processes. Our business line 3, which is a B2C/C2C solution, the most important thing for the crypto community, aimes at develiering the increased availability of legal services, especially contracts created by AI. Nowadays when you want to rent an apartment, prepare a will or testament you either take a free template from the internet that lack quality or you go to a lawer which makes the process expensive and long. VAIOT will allow people to generate contracts immedietly, and especially when there is a transcation in place it will have its digital representation on the blockchain. You can rent a flat with AI preparing the agreement on the spot, and you can finalize the transcation within the app with the landlord, you can even schedule your monthly payments. Moreover we strive towards our AI Legal Assistant to be able to analyze various agreements for the users highlighting possible threats, actions to be done according to the contract etc. If you look at it from a wider perspective we basically answer the global trend that pushes people towards obtaining products and service through digital channels – especially important in the COVID times. People want to do more via digital channels and we allow companies and consumers to get things done via intelligent channel using AI. + we add another digital, intelligent service distrubtion and communication channel for our clients in the B2B solution; a way to reduce operational costs, automate and optimize processes, increase sales and UX.

Q3 from Telegram user 0$4l

You have planned the presale in Q1 2021, ¿How can you participate in it?.

Daniel

We will release more infos soon. In general I can say that it will be like any other regulated community sale! Same procedure and experience.

Do you want to be the first to get updates on the sale?

Make sure to join our telegram group https://t.me/VAIOT_Community and follow us on twitter as well https://twitter.com/VAIOT_LTD

Q4 from Telegram user Paolo Monte

I went through the Whitepaper and when, at page 94, I noticed VAIOT employs the ERC-777 standard for developing on the blockchain, I have to admit tears of respect almost came down from my eyes.

To make a long story short and comprehensible for anyone who might read my question (if selected): one of the biggest issues an ERC-20 Token has is that it lacks event triggers that notify users of the transfer of that token from a wallet to another (such transfer does not actually occur instead what’s changed is simply the owner of the token inscribed in the blockchain).

While the ERC-777 manages to solve this issue, to my knowledge it has an inherent drawback related to this same event trigger functionality and the way a recipient’s smart contract is designed: as you know the recipient smart contract mostly lacks the function to listen to such transfers and almost no-one designed smart-contracts contemplating this functionality. On top of that, ERC-20 smart contracts aren’t upgradeable either, meaning that up until today most of them can’t be ERC-777 compliant.

So, here’s my question: given the common call for interoperability and composability, and the widespread utilization of the ERC-20 standard, will you still manage to integrate ERC-777 with the existing legacy ERC20 contracts and protocols? And do you think the benefits of this choice will be captured by users and reflect positively on VAIOT as well?

Jakub

Technically speaking, ERC777 is implementing ERC20 standard, so our token can be used by calling both IERC20 and IERC777 functions. Your doubts are probably related to IERC777 send method, which indeed needs recipent to implement tokensRecevied function, which in turn is not possible with legacy ERC20 contracts as you stated. Still, we can use IERC20 approve and transferFrom functions to use our tokens with ERC20-only compatible contracts. So yes, we’ll be able to use our token just fine with every ERC20 contract 🙂 As for the benefits of using ERC777 over ERC20 – you already explained them 😉 I think it depends on the user – techy ones just as you will surely appreciate our choice and others who don’t dive so deeply into technical matters will still benefit from increased security of ERC777 :blush:

Q5 from Telegram user Ho-jin

How do you feel being the first startup to be regulated under the Maltese Virtual Financial Assets Acts, how were you able to achieve this?

APawelVAIOT

Oh man. That process took us nearly a year. Exhausting with all the checks on multiple levels by multiple organizations. KYC checks on the Team and the company. Whitepaper reviews and approvals, audits of all kind. Lots of preparations of various business plans and forecasts, but we feel really happy now as we did it as the first company. It was celebrated by many people from Malta on twitter, including their Minister for Financial Services 😉 We feel really good as it opens up a new quality in crypto projects in Europe with the big EU regulation coming in soon. So we are actually a bit ahead of the competition, and our investors love it 😉

Q6 from Telegram user Tuvalunia

Is your AI system still learning by user interactions or is it finalized?

APawelVAIOT

The fact with AI systems such as VAIOT is that learning never ends 😉 the development process is a constant process 😉 Our dev team is constantly looking to improve the models. We are constantly looking for new data sets. We need more and more users to test and interact with the technology as VAIOT is getting better with each user. That is why we invited people for beta testing and that is why we are planning to get more people from the community on board, and all we can offer are VAI Tokens right? 🙂

Q7 from Telegram user Nick Deon

Is VAI a high-priced token to buy or is it still affordable for new crypto users?

Daniel

The VAI token price is 0.1€ at the pre-sale.

The initial marketcap will be below 800k EUR.

So it is definitely affordable for new crypto users.

We will also release an article on the vesting schedules / lock-up periods for private sale investors, team and advisors.

Information on the VAI token distribution and different allocations can also be found on our website www.vaiot.ai (also answering @Sefirot998’s question here)

Q8 from Telegram user 공작Ayhan

What does “VVAS” actually mean in your ecosystem?

Michał

VVAS is VAIOT Value Assurance System. It allows for the safe payment in VAI Tokens for the service required. Meaning the price peg is set for the time of transaction/contract so the user is not prone to the price fluctuations. That is usually the case with crypto payments as cryptocurrency prices are really volatile in comparison to the FIAT. We mitigate the risk of undesirable changes in price during the execution of the transactions if user decides to use VVAS, cheers!

Q9 from Telegram user Md Shahid

COVID-19 is one of the biggest problem in this time.did COVID-19 effect VAIOT also? If so how did you guies overcome the situation or still trying to solve this problem?

APawelVAIOT

COVID-19 is changing the way businesses and consumers accross the world. It changes the way we buy products and services and how we interact with companies and institutions of all kind. It actually strenghtens the need and expectation from the society to get more digital, intelligent channels for service acquisition and communication. This trend, which already existed pre-COVID, is now getting stronger. VAIOT actually brings another Intelligent Service Distrubtion Channel for the business and the consumers, we actually get more inquiries about our solutions now as some of the companies need to quickly adapt to changing market requirements and customer expectations. We work remotly so we didn’t have any operational issues. Our dev is 100% rolling

Q10 from Telegram user Gutierrez04

I understand that initially the VAI tokens will belong to the ERC20 chain of ETH, and that they will soon be reflected in the cosmos chain, right? but can you really pass all the tokens of a project from one chain to another without any problem? or will there be some tokens in ERC20 and others in Cosmos?

Jakub

So, VAI tokens are part of the Ethereum network, just as all other ERC20s. The thing with migration to Cosmos is that we’re gonna deploy a permanent relay between our chain and Ethereum, so yes, we already got reflecting of tokens on other chain covered 😉 There won’t be any imbalance between chains. All the operations made on Ethereum will be mirrored on Cosmos and vice versa. Of course making transactions directly on our chain will be more profitable than on Ethereum, because we have mechanism ready to reduce fee when you use our chain’s dedicated interface, instead of Ethereum’s 🙂

Daniel

I have seen many questions that can easily be answered together.

What you can find on our website www.vaiot.ai :point_up_2:

– access to the BETA

– download our whitepaper

– why invest reasons

– infos on the token distribution

– general infos on VAIOTs technology

– list of our team

– list of our partners

Our sale will take place in Q1 2021!

Updates and more infos will be first released on our social media channels

Twitter: https://twitter.com/VAIOT_LTD

LinkedIn: https://www.linkedin.com/company/vaiot-ltd/

Facebook: https://www.facebook.com/VAIOTLTD

Telegram: https://t.me/VAIOT_Community

Twitter

VAIOT (@VAIOT_LTD) | Twitter

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:

Twitter: https://twitter.com/VAIOT_LTD

LinkedIn: https://www.linkedin.com/company/vaiot-ltd/

Facebook: https://www.facebook.com/VAIOTLTD

Telegram: https://t.me/VAIOT_Community

Twitter

VAIOT (@VAIOT_LTD) | Twitter

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 Tadpole Finance. The AMA took place on 18 November.

The AMA session was divided into 3 parts with a total crypto reward pool of 800$ in DOGE.

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

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

Mary | Satoshi Clubadmin
Hello, Satoshi Club! We are happy to announce our AMA session with Tadpole Finance! @ngkong @drintari @oscardarmawan welcome to Satoshi Club:grinning:

D. | Satoshi Clubadmin
hello everyone!
@ngkong @drintari @oscardarmawan hello and welcome! :smiley:

William
Hello everyone!
Thank you for inviting us

Mary | Satoshi Clubadmin
Hello, William :grinning: welcome here
How are you today?:grinning:

William
I’m great, thank you for asking 😀
especially with all crypto bullish today
i’m sure everyone is doing great here

Mary | Satoshi Clubadmin
Yes, what a day to be alive :joy:
Could you please introduce yourself and Tadpole Finance, of course :+1:

William
surely
my name is William Sutanto, co-founder and CTO of Indodax. The first and the largest crypto exchange in Indonesia. Established in 2014
I found an interesting area in Lending DeFi platform that can be improved. So we are trying to build Tadpole Finance
Tadpole Finance basically is a lending DeFi platform running on Ethereum network

Mary | Satoshi Clubadmin
Is Tadpole platform operational now or it’s still in the development?

William
Currently it is still in development. If you open our website https://tadpole.finance, saving and lending logic is working but on Goerli Testnet
Tadpole Finance
Decentralized Finance Platform for Saving and Lending Crypto

Mary | Satoshi Clubadmin
Yes, i saw:grinning: but i thought may be some functions already working and i missed that
How is testing going?

William
We just launched this project last month, we need to do a lot of tests and formal audit before launch it into the mainnet
some functions are working like genesis (closed) and DEX mining but the main function itself (saving and lending), is not ready in the mainnet

Mary | Satoshi Clubadmin
Oh, that’s great, hope everything will be ready for launch soon:grinning:

D. | Satoshi Clubadmin
and when mainnet will be launch?

William
so far so good, we still need to add more unfinished functionality, but the basic functions are working perfectly
our target is by December 2020 and as late as early next year (Q1)

D. | Satoshi Clubadmin
great! very soon

Mary | Satoshi Clubadmin
Waiting for this exciting announcement 😀

William
we try to move fast

Mary | Satoshi Clubadmin
Thank you for impressive intro:+1: Are you ready for the questions from our community?)

William
sure 🙂
happy to answer all the questions

D. | Satoshi Clubadmin
let’s go then! :smiley:

Q1 from Telegram user @olaf_gudjonson

Tadpole Finance is an experimental project to create a more open lending markets, where users can make deposits and loans with any ERC20 tokens on the Ethereum network. Sorry for paying attention so much to semantics, but don’t you think that saying that your project is experimental, in an ecosystem which is under attack of hackers, where there is uncertainty and DeFi projects are constantly hacked, is not so assuring for your users?

William
We try to as open as possible to our community and all the supporters. Blockchain itself is still in experimental phase, moreover DeFi which is running under blockchain network. We want all users to know the risk that is bound to the DeFi ecosystem

Mary | Satoshi Clubadmin
Do you envisage something like an insurance fund in case something goes wrong?

William
I understand many people trying to convince that blockchain and DeFi is the future, it is true, but please also pay attention to the risks associate with it
in the lending platform, there is a small percentage of the interest profit that will be accumulated in the platform. That can be a sort of an insurance for the system when it goes south
That’s also the reason we don’t rush launching this project in the mainnet. Many measurements need to be done because this platform will handle real money

Mary | Satoshi Clubadmin
It’s great that you created it. And, yes, it should be checked hundreds of times, i see that you have clear understanding of security importance :grinning:

William
of course, i’m also running an exchange. security is basically our 1st priority

Mary | Satoshi Clubadmin
Can i ask you if you had any accidents with security on your exchange?

William
because of recent DeFi hype, many people rushing on launching the project in mainnet, we don’t want to do that

Mary | Satoshi Clubadmin
Yes, that’s right and it’s wise decision :grinning:

D. | Satoshi Clubadmin
yes, it’s greed. people trying to earn fast money, most of them don’t think about security of their product

William
Small accidents happen, hackers are very persistent on doing phishing attempts for example

Mary | Satoshi Clubadmin
Oh, i am very familiar with phishing :joy: actually, had such accident personally, but it was a perfect lesson
Thank you for clarifications and are you ready for the next question?)

William
yes, basic security knowledge is very important for crypto traders/investors. always enable 2fa, dont use same password twice, and dont install unverified software
be careful clicking any links in your inbox

Mary | Satoshi Club
Thank you for clarifications and are you ready for the next question?)
Sure

D. | Satoshi Clubadmin
double-check everything :+1:

Q2 from Telegram user @peerpeer

To lend USDT is 3.71% at the moment. Why should I lend at tadpole if on Binance I have 5.31% for 7 days period lending? Why on some pairs there is zero percentage? or there is no supply yet?

William
This is still in the testnet. In reality when it launches in the mainnet, usually interest will be adjusted with global markets, averaged between all DeFi platform (trust on the platform also calculated).

Mary | Satoshi Clubadmin
So, everything is a subject of changes?

William
the reason for 0 percentage is same, because it is still in testnet. no one test for lending on that platform, that’s why the interest is 0. the interest is calculated by measuring lending (demand) vs saving (supply). when demand is 0, interest will be 0 as well
the interest is calculated algorithmically. it adjusts itself according to demand and supplyso it is the nature that the interest will change overtime

Mary | Satoshi Clubadmin
got it, thank you:grinning:
We should wait till the launch date and then we will be able to compare with other platforms :grinning:

William
for the interest percentage, yes

Mary | Satoshi Clubadmin
:ok:, ready to go forward to the next question?

William
sure 🙂

Q3 from Telegram Username @KhaleesiTheCryptoLady

Tadpole Finance ultimate goal is to create an open ecosystem in which users can freely add any ERC20 tokens to be listed in the DeFi lending system, what are the procedures or any requirement for adding ERC20 tokens in this system? Does this includes all DeFi Tokens even the Rug pulled tokens?

William
Yes, it includes everything. Just like Uniswap can be used to trade all tokens. The difference is, not all tokens will have collateral value. This is our feature to protect the ecosystem from failing.
To add ERC20, is as simple as calling a function in the smart contract. With all the erc20 details in the request

Mary | Satoshi Clubadmin
Nice feature, who will determine the collateral value on Tadpole platform – human or smartcontract or…?

William
this is the feature that we are developing as well. collateral value will be set algorithmically by measuring some variables like uniswap liquidity, price volatility, etc
algorithmically I meant by smartcontract

Mary | Satoshi Clubadmin
Did you create your own algorithm or you modificate some well known algorithms?

William
we create our own algorithm

D. | Satoshi Clubadmin
got it, thank you. BTW how many developers working at your project?

William
currently whole Indodax & Tokenomy (my other company) teams are helping. But in the near future we also will launch a developer reward program which will incentify any development in the platform by opensource community (basically all developers in the world who want to join)

Mary | Satoshi Clubadmin
Thank you:grinning:
I think developers will be definitely interested in your program:grinning:

D. | Satoshi Clubadmin
awesome! great perspectives for potential devs :+1:

Mary | Satoshi Clubadmin
Next question?)

William
sure 😀

Q4 from Telegram Username @yzmoney

The distribution of the TAD token is as follow:
Genesis Mining: 200,000 (20%) (30 days period)
Platform Liquidity Mining: 500,000 (50%) (2 year period)
DEX Liquidity Mining: 200,000 (20%) (1 year period)
Developer Rewards: 100,000 (10%) (1 year period)
What will happend after the 2 year period ? how will you continue to retain user to provide liquidity or borrow / lending ?

William
we expect after 2 year, the platform will be mature enough that no incentive will be needed to retain users

D. | Satoshi Clubadmin
so all tokens will be in circulation after 2 years?

William
after all functionalities are ready, the platform will be handed over to the community with governance voting mechanism. it’s up to the community as well where this project will be headed
yes

Mary | Satoshi Clubadmin
Can we jump to the next question?

William
yes please 🙂

Q5 from Telegram Username @AmirJosh

Are you gonna implement a credit rating system for the customers of Tadpole’s Saving/Lending program? If yes, Is this gonna affect the borrowers lenght of payment and how much they can borrow?

William
we don’t have credit rating system yet in our plan, but that’s a very good idea!

Mary | Satoshi Clubadmin
You see, Satoshi Club’s members are very creative :+1:
May be you will use it in the future:grinning:

William
i must admit the depth of this group questions are very advanced

D. | Satoshi Clubadmin
they are studied your project well 🙂

William
usually questions are around pricing and tokenomics, when gecko & exchanges, this group is very different 🙂
very happy to join this community

D. | Satoshi Clubadmin
yes, and we have these kinda questions as well 😀

Mary | Satoshi Clubadmin
Thank you:grinning: and now, as you don’t have any ratings – everyone will be equal for borrowing?

William
yes, borrowing power is based on the collateral that is locked in the platform

Mary | Satoshi Clubadmin
It’s clear:+1: thank you and we have 6th question, the last in this part of our AMA. Ready for it?

William
yessss 😀

D. | Satoshi Clubadmin
let’s go!

Q6 from Telegram Username @PaoloMonte87

In one previous interview, Mr. Sutanto – TadPole’s co-founder and CTO of Indodax – explicitly defined Tadpole Finance as an experiment project an attempt to improve the actual lending & borrowing DeFi landscape. He defined the current DeFi ecosystem as “closed and exclusive, in plain contrast with the blockchain’s spirit”. I personally don’t feel that way, but I am open to be persuaded. Could you please express the reasons behind this view with regards to the actual DeFi platforms we have access to? What and how does Tadpole Finance manage to improve?

William
wow that is a long question 😀

Mary | Satoshi Clubadmin
Yes:joy:

D. | Satoshi Clubadmin
yeah, last but not least 😀

William
We see all the big lending platform out there. to list a token, it requires so much voting power that it is impossible for small to medium projects to be listed in DeFi lending platform. I believe voting power itself is very great mechanism for the blockchain industry to decentralize the finance industry, but some functionalities are supposed to be decided automatically by the smartcontract instead of depending on the voting process. For example Uniswap will notbe known as big as like today if all listing in the DEX requires voting mechanism. We want to bring this idea to saving/lending market
Tadpole Finance itself will have voting mechanism as well, but for more essential decisions like interest calculation algorithm, collateral algorithm, etc

Mary | Satoshi Clubadmin
It’s really actually what you offer. Do you have any competitors on the DeFi market in this field?

William
many lending platforms out there: Compound Finance, AAVE, maker, etc

Part 2 — live questions from the Telegram community

we will open chat for 120 seconds in second part and our guest will select best 10 questions from Satoshi club community

Q1 from Telegram user @ShaLiPon

Why I don’t see you in Tadpole Finance group, any reason behind in not joining the telegram group?

William:

1. I’m in the group as admin, so my username doesnt appear 😀

Q2 from Telegram user @KhaleesiTheCryptoLady

What will be the major benefits of Indodax Exchange in building Tadpole Finance? Do you have any plans to link Tadpole Finance lending system in Indodax platform? Can you Share to us what are the major plans ahead between Indodax Exchange and Tadpole Finance?

William:

1. Currently the platform is still very young, it’s still 1 month old. Since this project is initiated by Indodax & Tokenomy teams, we are looking forward for close partnership in the future

Q3 from Telegram user @furkannv

The biggest issues as of now in crypto is volatility and liquidity issues. What steps have been taken by your companie to overcome it?

William:

1. As an exchange operator, we clearly understand this issue. That’s why we launched DEX staking program to make sure liquidity is adequate. We distribute 200,000 TAD or 20% of the distribution for maintaining the liquidity Q4 from Telegram user @jobel4
   Aside from Developer Rewards program, what other program are being cooked and prepare by Tadpole Finance to feed to the community? Do you have plan to add another menu for the members and the community of Tadpole Finance for them to stick with you for a long period of time? Thank you

Q4 from Telegram user @jobel4

Aside from Developer Rewards program, what other program are being cooked and prepare by Tadpole Finance to feed to the community? Do you have plan to add another menu for the members and the community of Tadpole Finance for them to stick with you for a long period of time? Thank you

William:

1. we have 4 programs for the TAD distribution:
   Genesis Mining: 200,000
   Platform Liquidity Mining:
   DEX Liquidity Mining: 200,000
   Developer Rewards: 100,000

Genesis mining is over, now DEX liquidity mining program is running. Developer rewards program will be soon launched. And platform liquidity will be launched after the platform is ready in mainnet

Q5 from Telegram user Pratze

Do you have plan to make Swap mechanism for your platform? Could you please share what kind of new feature for TadPole Finance in the future that possible to increase the token value?

William:

1. No. We can now swap easily directly from Metamask. I don’t see any real value providing swap functionality. Our main focus is saving and lending platform

Q6 from Telegram user Prof.Rz

How do you Encouraging developers to take the initiative s to participate in developing this project? How does the Developer Rewards Program works?

William:

1. Developers gain many advantages joining DeFi opensource like this. First is the TAD reward itself, but more importantly is the knowledge and experience he or she getting from joining an opensource DeFi project, will be very valuable

Q7 from Telegram user @MOBILE1286

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

William:

1. our killer feature is the ability to add any tokens into the market, with all the security measurement to prevent system from failing. that’s the main feature that we are selling 🙂

Q8 from Telegram user @jpsarmah

Why and what brainstorming made Tadpole Finance to take Compound Finance as its source?

William:

1. Compound Finance is the most mature DeFi in the market now. We purposefully chose the most audited project as the base of our project

Q9 from Telegram user @andrewcoady

I saw that Tadpole will be listed on Bithumb soon. Are you planning to list on more exchanges too? Or Bithumb will be only one exchange where we can trade Tadpole?

William:

1. Sure, please stay tuned

Q10 from Telegram user Corrie_Dorf

Hello Mr @ngkong I only guess, It seems you and Mr Oscar Darmawan (Founder of Indodax and Tokenomi) have a great relationship, are you both an old friend from same college?

William:

1. for the last question i will answer the casual one, hahaha. Yes me and Oscar went to the same high school. We didn’t know each other that time. We just met when we had a business project together when we were in the 2nd year of college. Time flies so fast and now we’ve been partnering for more than 10 years

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 group: https://t.me/TadpoleFinance or official channel https://t.me/TadpoleFinanceChannel
twitter: https://twitter.com/TadpoleFinance