We are pleased to announce our next AMA on December 23rd 2020 at 02:00 PM UTC Time: Satoshi Club x flush.lol
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join flush.lol Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 100$/10 users – Open chat for 100 seconds. You can post Max 3 questions. flush.lol Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about flush.lol
For more details:
flush.lol – @flushlol
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Why did you create your logo that simple only wave and toilet sticker? How can investors consider this as obvious investment with this logo?
Project Flush.lol allows those investors to recoup their losses on other projects that failed. I would like to know how much profit the project gets from receiving worthless tokens?
Flush.lol gives these investors the opportunity to recoup their loss by using their tokens in games which are based on chance. What confidence can they give us that it was a fair game for all?
There are so many DEFI projects that promise to be novel but only fail. How does Flush.lol plan to gain the trust of future investors and attract those who are just starting out in the industry?
In the world of Blockchain cooperation is necessary for the project to last. Can you tell us a bit about your current partners and what benefits does this partnership bring to the Flush.lol project?
The number of scams in projects has increased, therefore the lack of trust in travel reservation platforms is a common problem among users. How does Flush.lol intend to solve this problem?How do users ensure that the tactic of artificially inflating prices will not be implemented?
What your plans in place for global expansion, are you focusing on only market at this time? Or focus on building and developing or getting customers and users, or partnerships?
Where does the project name come from? What does it mean for you and why did you choose that name for your project?
You intend to help users flush away the sadness associated with their investment in failed DeFi project by giving them an opportunity to earn other viable tokens using these failed tokens. But how realistic is this? Looking at your first game which is “Lucky Number Sleven”, the number of tickets a user gets is equivalent to his token contribution. If a user uses failed token, this means he gets a fewer tickets with less chances of winning while another user who contributed a stronger token into the pool has more tickets with more chances of winner. Since joining your game is not restricted to the use of failed tokens alone, what is the chance of winning for your users with these failed token? And in the case of a loss, is their any compensation token to be given to these users?
I must say that your project is particularly interesting in it’s scope and what it set to acheive . You have described your project as a decentralized platform which allow your users to spend their failed tokens with a chance to win ETH. Do you mean you support ALL form of Defi tokens? Also, your project runs on the Etherium network, do your platform only support tokens from Etherium blockchain or the tokens that your users can use cut across various blockchain network?
Is the website for the complete Flush.IoI data not yet available, sir, is it currently still under construction to launch data and prepare your token?
You’re stating that the Flush.lol project was born with the intention to help people recover partially from their losses, by converting tokens that had previously been involved in rug pulls/scams into potential Ethereum profits.
I’m wondering though… how does the platform rule out which “failed tokens” can be considered eligible to be spent on your Flush games? Or is it that *any* token can be utilized?
What are the incentives I can find in Plunger, the new product of Flush.lol, not to change or sell my cryptos? With markets that are so fluctuating, sometimes causing you to lose considerable amounts of money, how do you deal with this and encourage you to keep your tokens?
Can Plunger use all DeFi coins as collateral? How does this method help to maintain the benefits of token ownership? Does this only apply to ERC20 tokens or does it include other blockachains?
Looking at their twitter profile, Flush.lol is a new platform, so far with few users being part of the community. What will be the marketing strategies you will use to expand your platform? How will they be announced in the important DeFi space? Will you leave this indispensable work to any advertising company?
When you launched your first set of Games, all players get 0.5 PAPER tokens for every bet this later increased to 1 PAPER for every bet…Even if all PAPER tokens were allocated for this.. once the number of bets on your platform hits 69,000, at this rate you would have sent out almost all your PAPER tokens which is 69,000 in total… so what determines the amount of PAPER paid out per bets… is this dependent on the number of bets or the price value of PAPER token.. do you have mechanisms in place to ensure that the amount of PAPER tokens given out to people who bet is done in a way that is sustainable in the future… or will there be a point when PAPER tokens will no longer be issued out for bets
In your game “Lucky number slevin”, users Bet in Available Defi tokens which are then swapped for ETH and added to a Pool and once the Pool reaches 1 ETH, A winner is Randomly selected… is there a Minimum and maximum Value of Defi tokens that an individual can contribute to this pool.. does the value of tokens individuals contribute to a Pool affect their chances of winning the bet.. let’s say for example a user bets tokens valued at 0.6 Eth which makes up about 60% of the pool is the chance of this user winning the bet same as one who bets tokens worth 0.1 ETH how does this affect their chances…considering the fact that users are selected in a random way….
In “Last of us (auction)” game users contribute DEFI tokens into a pool and once it reaches 1 ETH, the auction starts… So how does this auction work, what will users use to place Bids in this auction is it Defi tokens or ETH and what is the minimum and maximum bid amount Users can place…and will there be a point where the pool limit will be increased beyond 1ETH to make the pools more attractive
In the Slevin Lucky Number game,I understand that often that I win in the games they give me paper tokens, what is the total supply of this asset?
The Flush project is created to help people make fun of failed tokens and even turn their losses into profits. Are you wanting to tell me that all that money that I lost in a token that did not prosper I can get back with Flush? And what do you gain from this?
I understand that often that I win in the games they give me paper tokens, what is the total supply of this asset?
For your game Lucky Number Slevin the game starts when the pool reach 1 ETH. While more you put in the pool, the more tickets you get. How much time it usually takes to reach 1 ETH for the pool? Is the winner having full 1 ETH? Please show us some stats of your previous results for this game.
This platform can only be used with a Metamask wallet? Will you add a native wallet in the future? a roadmap can be very informative to see your short and medium-term plans.
I’am an altcoin DeFi holder and even I have many shitcoins whom prices go down day by day. Let’s assume that I use flush.lol pool and send my shitcoins there. What happens if one of my shitcoins go to the moon? Do I get this price increase into my wallet?
With an update to Flush.lol you removed the minimum limit to bet for the lottery? So don’t you have a fixed price for tickets? How will you handle this while one is betting 0.00000001 A token and the other is betting 99999999.9 of B token?
With your new product Plunger, users can stake almost any DeFi token and get about 30% APY which is great for non-used tokens of users. But where does the source of this reward come from? How does having tokens of some other project help Flush.lol so that you can subsidize the Plunger?
You removed the minimum limit to bet, what about max? Do you have a maximum limit for the games, or can anyone dominate the lottery or the auction like a whale, which will work great especially in “The Last of Us” game?
I saw on your Twitter that you post the loser tokens almost everyday. Why only losers, not the gainers? Are they the losers in real market or in your system? If in the market, why do you share them while you are a gaming platform but not an exchange?
Recently we see projects with secret numbers. You are the new one whose number is 69. Maximum supply of PAPER token is 69 K, in The Last of Us game the last user whose bet will be biggest for 69 blocks in a streak wins, your sale price 1 ETH is almost 69 PAPERS, and probably more. Let’s listen to your magic with 69? Is that a reason out of the project, or is there a mathematical case required by the system?
You have great ideas in this project for trying to get profits of useless tokens, most of them from unexperienced investors that lost some money. Is there any advisory system you can offer for this kind of people? Maybe the main solution is educational.
There are many conditionals around this project features. For example, the games start when the pool hits 1 ETH. What happens if it doesn’t? How can the community be comfortable to putting their money in a pool like that just for a bet?
Your system already launched in November and PAPER token is currently tradable on Uniswap. I couldnt find any information about any seed round and/or private sale for your token. Did you do those? If you did, can you provide details; if not, why not?
I understand that the motto of your project is “Eliminate your sadness along with your chips!”, but if instead of really winning on one of their bets, users lose 50% of their capital, will they really eliminate their sadness? or does Flushlol really guarantee that very few users will lose capital?
currently they have only developed three betting plans such as “Lucky number Slevin, The last of us and the pool is filling up” right? Have they already been fully audited and certified as 100% reliable? or will they release a beta version first?
In all games of chance and bets it is very unlikely that a user will win, that is why the house always wins, with Flushlol what will be the probability that users will win one of their plans? And what should they do to have more options to achieve it? or will the house always win?
The vast majority of DeFi users must have large amounts of tokens that were scam, others that failed and many that are not yet marketable, with Fluslol can I use each of them and be able to obtain large profits? or do they have to be tradable tokens on Uniswap?
How often will new betting sessions be held at Flushlol? and can I participate in all of them? regardless of whether you have lost or won multiple times?
projects that promise very high profits at a very low price turn out to be scam, how to know that Flushlol is not Scam? If we do not even know who is your management team or where was this project developed and registered?
really why use a toilet as a project image? Does that mean that it is developed only to bet shitcoins? or can you really use any tokens and it has other symbols? what would it be then?
I get that by pooling worthless DeFi coin in a pool and one person gets all, aims to reward one person, but how does that help the project make profit because I assume all projects in the end is to make profit. And what is the motivation behind this project?
Is $PAPER the native token of your platform? And what is the use case of $PAPER? Is it the governance on the platform?
I noticed on that the website on mentions ERC, does that mean that we can only deposit DeFi project built on the ethereum blockchain?
How serious are you with your project? Why did you name your project as “Flush”? What is the significance of the name Flush with the objective of the project? Can you elaborate more about this statement in your website ” Flush your sadness along with your token”? What is the main point of this slogan in your platform? Thank you
At the very beginning — two game modes are available for players. New games and services as well as any other changes will be the subject for holders to vote. All games are based on smart contracts. Fully transparent and trust. Can you tell us what games are available for the community and the users of Flush.lol? How to enter those games?
How are the betting transactions carried out over the blocks in the pools and how is the share of the pool amount that users can win with the auction determined?
How does the contracts provide liquidity through lottery and auction contracts instead of buying and burning PAPER after each round, and how does the lottery participation rate affect the ETH pool?
Will PAPER token holders be involved in governance and mediate decisions such as publishing and development to decentralize project work?
On your twitter, you publish a daily digest of losers. Where do you get this data and data for your games? Absolutely any token is allowed to play, or only tokens from your anti-rating?
So! Lucky Number Slevin is a lottery and Last of us is an auction.
Can we apply any DeFi token? How can I add my assets to your platform in order to try my luck at the Lucky Number Slevin lottery and participate in the Last of us auction? What is the minimum amount of my token I can add for the game? And can I cancel my bet and get the token back before the result appears? Well, I changed my mind! Will I be fined?
Many consider USDT to be the most scam token. But the price of USDT is stable. According to your platform, this token can be used in the game? And can I use the PAPER token for betting in your scamgame? Who decides which token can be used and which not?
Studying your lottery and auction, I have even more questions for you: why does the last player with a 69 block bet remaining receive the entire pool? We will be given a choice of how many blocks will my bet participate on? And why exactly 69? Does this number mean something to you?
How will the winners be determined? The system will calculate who has invested the most in the pool (then it will be a dishonest game!) Or will it just be random?
And why did you decide to limit yourself to a pool of 1 ETH?
Do all rugpull and scam DEFI token can be “flush” in your platform? Is there any other requirement from that token? I just wonder if we lose from that “flush”, do we get nothing?
The Flush project was created to help people make fun of bad tokens and convert their losses into profits.
Flush allows users to hold their unfortunate Defi markers and encourages them to drain their sorrow along with their tokens.
Do you have a specific list of tokens that you accept on your platform?
And if after some time I still change my mind and want to take my unsuccessful DeFi tokens, will I have such an opportunity: to redeem them back from you?
I’m just curious how did Flush.Lol get their income to maintain project just by collecting worthless Defi Token? Would you mind to tell us what will you gonna do with all of That token?
What is PLUNGER? I see that it is related to lending, but I do not understand the meaning of the work. What is the use of PLUNGER to lenders and token holders?
Flush your sadness along with your tokens… I like the idea that you help people to gain at least some profit out of their useless tokens, and at the same time make them smile a bit. What was the initial idea behind your project? When you made flush.lol you thought about how you can make profit out of garbage (useless tokens) or you thought about this more like a meme project which can help people releave the psychological tension and not suffer from situations that already passed?
As a Defi Project, it will not complete without Yield Farming. So what is percentage reward that user will got from Flush.lol farming?
You promise 30% APY to defi tokens stakers and 5% APY on loans in ETH, as it’s stated on the site. But as i can see on the same page, you are planning to take only up to 15% APY from those who is pledging defi tokens to you in order to get ETH credits. Obviously the promised passive income on deposits is more than a potential income you can get from borrowers. How do you think to cover this difference? Where will you get from around 20% APY those are missing in a such scheme?
The time of The Last of Us game is limited by 69 blocks, then you determine a winner. Do you mean that a bet transaction must be confirmed within this time to participate in the round? But it’s happening often that ETH network is clogged because unstable gas price and this could cause a long delay of confirmation. So, it might happen that some transactions would send at time, but would confirmed after you have determined the round winner, and some of those bets might be even bigger than the winner has, i.e. actually someone else should become a winner. What will you do with such transactions those have been confirmed too late? Will you return these bets? Or, will those people just lose money because of ETH network issues?
Who will actually gonna borrow a shitcoin if I will participate on the PLUNGER program of Flush? Is there a market actually looking to borrow such tokens?
PAPER, the governance token of Flush project is an anti DeFi bubble index asset. Ok, this is such a very promising and good feature you’ve got. But can you please elaborate how a PAPER token of yours was name as an anti-defi bubble.
The 2 Flush games: Lucky Number Slevin and The Last of Us, how many days will a single round run? Will it be required for each pool to reach 1 ETH before it will be concluded?
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How Finance.vote provides a voice to minority token?when tapoot will get us competing in the smart contract game and why should be prioritising lightning development
Flush project was created to help people make fun of tokens that failed and even convert their losses into profits. Wow! How did you came up with that idea in developing & creating this very unique & amazing project of yours? What’s the inspiration and is there something special to it? Also the name, why chose FLUSH?
PAPER is the native governance token of Flush project and it is an anti DeFi bubble index asset that if more projects failed means more players you can have. So how all the players get tokens for their every bet? What is the starting amount for each bet? Also is there an anti-inflationary system applied to the platform? If so, what’s the details?
About the games in your ecosystem, you mentioned that only two game modes are available for players. The Lucky Number Slevin and The Last of Us. Can you explain the details about these two games and how to play them? Also All your games are based on smart contracts, are they fully transparent and trustless?