We are pleased to announce our next AMA on December 16th 2020 at 03:00 PM UTC Time: Satoshi Club x Sokudo
⚠️Click to see the hour
⚠️Total Reward pool: $750
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Sokudo Telegram group
We will have the following structure:
Part 1: 150$ /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$/10 users – Open chat for 100 seconds. You can post Max 3 questions. Sokudo Team will select 10 questions and answer them.
Part 3: 450$ – A quiz about Sokudo
For more details:
Sokudo – @sokudofinance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Your project is new in the Defi market world but promises a very high SKD mining rewards which will make your investors to make profit every hour based on an APY of 25,800% when compared to other similar farming projects. Is this just a tactic to attract investors or do you intend to maintain this rate for a longer period? If so, how will you maintain this high farming yield with more people investing in your project?
Based on the article you published in your Medium, your project has two tokens, $SKD and $IKIOI, with $SKD being your native token. It is clear how we can farm more $SKD token but no much information as to what to stake to earn $IKIOI or what the APY will be. What will the $IKIOI token be used for? And which of this tokens should we hold in order to be eligible to participate in governance?
What differentiates the SKD token from the IKIOI token? What is the new NFT platform that SOKUDO is launching about? How does it benefit users? How can I become a SOKUDO farmer?
SOKUDO is known to mean speed, but why is the project name SOKUDO? Does it mean that investing in your project will generate profits quickly? Is the team behind the project related to Japan? Is your headquarters in Japan?
The volatility of tokens is a problem for any project since it hurts investors. How does SOKUDO try to solve this problem? Do you have a SKD token burning system? How will investors be compensated and what benefits will they receive by holding the token in the long term? Will they conduct airdrops to motivate their investors?
In DEFI projects, one of the most important problems is liquidity. Upon receiving profits from the project, will they be added to the liquidity fund? How will they keep the pool alive? Are you planning to block your liquidity? How long will they block it?
SOKUDO is launching a unique NFT platform where SKD farmers can sell their NFT generated from IKIOI agriculture. My question is, what features will these NFTs have? Many of today’s DeFi projects bring only symbolic value to their NFTs, will Sokudo change this? How rare, special and valuable will your TNs be?
SOKUDO means speed or velocity in Japanese, based on this, how fast will the operations be within your platform? In what period of time will I start generating profits with your yield farming model? How do you outperform your competition?
SOKUDO farmers will also be able to grow IKIOI tokens once IKIOI liquidity funds are available. What role will this token play within SOKUDO? How will it help to improve profits and rewards in the yield farming of SOKUDO?
You mentioned that you will be launching NDEX = NFT DEXANGE, as a completely unique concept, can you explain how this Dexange will work..How many Platforms Will this NDEX support, can users be able to trade NFT’s of multiple chains on this NDEX and what will be the fees for transactions on NDEX
you mentioned that the rewards being given to your Dev team will be used for NFT Production, $SKD Buybacks, continuous project marketing at a reasonable level…. is it that your Dev team does not have any personal allocation.. because Even the 4% Tax they recieve will be used for NFT development.. and no information is being provide regarding the buybacks how will this be done
It is stated in your article that your Dev team gets a 4% TAX, and this funds will be used for continued development of the project and the NFT platform..from where are this TAXEs coming from..in other words for what services are you taxing your users to get this 4% because I can’t find any other details about this TAX
– The team of Sokudo had some inconveniences in the launching of the smart contract. My question is, how will you compensate the affected users? Are you already worikng on a plan?
– What will be the function of $IKIOI? Will you also have your own liquidity pool with a great APY like the one of $SKD?
– Easy come, easy go. Does this apply to Sokudo? How do you make such a high APY sustainable over time?
What’s the SOKUDO means ? Could you explain to us ? What’s the purpose your team pick this name ?
It’s hard to hold the tokens which depreciate every day, what will you do to keep holder always hold $SKD ? Please explain to us !
Are you have a planning to burn or buy back any tokens from the market in the future? Do you have such programs?
Moving towards pricing, can you tell how that works and is there any rewards or loyalty program you plan on adding in future?
SOKUDO = SPEED in japanese. What’s the story behind the beggining of this project? Can you tell us about the root and the path of the team for the foundation of SOKUDO?
SOKUDO offers very high profits to through its mining/rewards system. There’s an initial APY of 25,800%. What are the possible reasons that can change this percents since it’s on your medium article that APY is dynamic?
What is the competitive edge Sodoku has over other competitors that offer similar service.
Two important qualities must be very strong for a project to grow.
Marketing strategy. How do you intend to further attract investors to stake $SDK
Trust. How can we trust Sodoku is here to stay
A lot of DeFi projects are vulnerable to bugs. How often do you audit your smart contracts. Does it involve external agent.
Farming projects of recent has been hit with a series of rugpull, how do you ensure stakers peace of mind that the project wouldn’t rug? Considering the scarcity of information on your website and the contradiction of APY one says about 222% and the other 25,800%, how do you reconcile both figures as shown in the website?
In your Sokudonomics you mention that “there will be no marketing token”, first time I really see it, usually the projects leave some percentage for this area. What is the reason for this?
Recently SOKUDO has locked the liquidity for the next 5 years. What expectations do you have for this project growth till this time ends? And what communities are you seeking to reach since you have recently published telegram groups for EN, FR, SP, JP, VIETNAM and PINOY? You are thinking big.
SOKUDO is very profitable in every feature they offer. I’m called about your recently USDT airdrops for your members. What is the purpose of incentivize your holders in $USDT? Why $USDT and not $SKD?
Can you explain what this IKIOI token is? Is it a governance token? What is it use case? Why launch a new token when SKD token has not found solid footing in the crypto space?
4 days ago you had to reassure users that the project hasn’t rugged, which is a shaky ground for a new project. Have the team put measures in place to ensure that problems like that do not occur again in the future? Token supply is down to 3k, are new tokens going to be mined to increase supply or is it a deflationary token?
1. what the plan for next step? 2. do you have plan to attract more people come to buy the token?
Those APYs are beastly! Enviable for any DeFI protocol, but yet hard to believe for anyone who has already had bad experiences with SCAM projects. How can we be sure you are real? How can we be sure you won’t disappear with our money?
It’s a little uncomfortable to want to find out about a project of interest and find almost no information on your site or your medium’s blog. When will you create your whitepaper and publish project data such as your mission, vision, team and so on? This will undoubtedly increase your confidence in Sokudo.
What is the advantage of being one of the early supporters and how will SOKUDO farmers launch their IKIOI liquidity pools?
How is APY ratio determined in high-speed profit and what are the main factors that increase the amount of SKD we will get by depositing SKD?
Can we say that SOKUDO, which means speed in Japanese, made a rapid entry into the market? And what mission does SOKUDO take in providing high speed and high rewards in Agriculture projects?
I am very curious that you mention that your NFT platform will take the market by storm since there has been nothing similar so far… Can you please us with at least some clues of what you have prepared? Some preliminary image of how your NFT will look like?
I’m struck by the cost of each $SKD token, $55 and $85 in the first and second presales respectively. Why do you start with such a high value? I would also like to know what the results were in each presale. Were the expected results achieved?
On your first page, the APY is 260.36. On your about page, it’s 25800%. How comes there is such a big difference? Where does it come from?
Tell us about the fundraising platform and when will we know the names of the first startups that passed the KYC test? SKD owners are ready to invest and await news
Solidity.Finance published their audit report. If I understand correctly, you retained the ability to mint tokens at any time. This may scare off investors. Have you removed this feature, or have everything left unchanged for now?
Should a liquidity lock on Uniswap for 5 years support the token price, or is this how you decided to gain the trust of the community?
You had 2 rounds of sale until now. How successful they were and do you plan to do more? Did you achieve any partnership with big investment or capital groups which sponsors the startups
I have seen your animated NFTs dedicated to different people and even an audit company.Have you considered adding a custom NFT fabrication service to your platform? I’d love to see something similar to an order book on the platform. Tell us about the architecture of the future platform.
I heard there is Airdrop that you give to your community to get a NFT, what are the requirement to participate in Sokudo airdrop? And what kind of NFT that Sokudo will give for airdrop?
https://solidity.finance/audits/Sokudo/
From your audit result, there is note from solidity that Sokudo Dev team have ability to mint token feature. I believe Sokudo will not ruined their own project since this is great project but do you have plan to do new audit in the future to fix this?
My opinion that farm projects like Sokudo is not sustainable. When the farming start, token price will always go down. All farmer will only selling token after they got reward from their farm. So how will Sokudo team solved this problem?
Sokudo project already make partnership with Ferrum Network. So what is Ferrum Network provide into Sokudo platform? How will this partnership become mutually beneficial to both Sokudo and Ferrum?
SOKUDO launches an NFT platform on which SKD farmers can sell their NFTs that they generate on IKIOI farms.
Do I understand correctly that we will be able to create our own NFTs on your platform? What conditions must be met for this?
SOKUDO farmers can also farm IKIOI tokens. What is the usecase of IKIOI tokens and when will the farming of the said token commence?
“We have renounced the contract’s ownership, which means we cannot change anything now; even though the mint function is open, we are not intended to mint any more tokens”
Why did Sokudo included a “Mint Function” on the contract if you have no intention to mint more tokens? Have your team decided last minute to set aside minting more tokens.
You are claiming that Sokudo NFT platform will take the whole market by storm that there is nothing like this in the current DEFI space. I already heard this kind of statement from other Defi project, so what is the most unique features that Sokudo NFT’s will have that we’ve never seen before from other NFT platforms?
With all the yield farming hype, a lot of tokens are offering rediculously high APY on liquidity staking. How does the $SKD compare, and why would a investor choose it over other yield farming opportunities?
Many high APY yield farming tokens suffer from inflation thus making the tokens value depreciate over time, penalizing long-term holders. How does Sokudo solve this problem?