We are pleased to announce our next AMA on December 27th 2020 at 12:00 PM UTC Time: Satoshi Club x ShuttleOne
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join ShuttleOne Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 100 seconds. You can post Max 3 questions. ShuttleOne Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about ShuttleOne
For more details:
ShuttleOne – @shuttleone
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Will the Shutlle One project become a newcomer to the world of banking, which facilitates crypto access to ASEAN and the world like Paypall, but ShutlleOne also provides Crypto facilities in it? can you explain.
You have dedicated an entire publication on your website to pinpoint the risks your users will be exposed to for using your protocol, and issuing disclaimers in this regards. 5 ‘scary’ risks were published by you. It seems your users will have themselves ONLY to blame for using your protocol in case something goes wrong including if a coding error or bug in smartcontract led to financial risk. Is if fair enough for users alone to bear the cost for flaws or other risk cases which are no fault of theirs? What Risk Management and Prevention Strategies has your team put in place to ensure that the chances of exposure to internal/external risks while using your protocol are minimalized?
Shuttleone Network has its own utility token $SZO. However, based on the plan in the guide, just over 40 % of the token will be minted into circulation since 57% of token will be unminted. When will the remaining fraction of the token be minted? What are the specific use cases of the $SZO token? In addition, I know you are a government regulated Defi project, but do you operate a governance system where your token holders are allowed to influence the decision making process?
I can see that you don’t have any plans to carry out any ICO/IEO or any crowdfunding program. Investors can buy your tokens from exchanges once it get listed. So how is this project funded? Are you so confident you can self-fund the project all alone or you decided against crowdfunding in order to gain trust? Don’t you think that ICO event have a way of also helping you grow a community base of like-minded early Investors?
I can see that Shutlle One is not new in the market, it even has time, perhaps in the past the system declined and now it is floating, which is what brings new now in these times since the year is ending and we are already arriving to 2021, what does shullte different from before?
I can see that Shutlle One also has mining farms, how does your project connect this to make real money, is this that you finance your Token with?
What is the relationship between ShuttleOne and one of the leading blockchain platforms in Indonesia, Tokoin? ShuttleOne considers this partnership as a milestone in 2019, how important is this partnerhip?
ETH gas prices still tend to fluctuate and be expensive now. What solutions can ShuttleOne offer to solve this problem?
Shuttle one is especially concern about money laundering and terrorism financing, maybe it’s the reason you have builted your technology under the premise: “Private but not secret” . What innovative tools does Shuttle One has to protect their users data?
Can you tell us what are the requirements for your KYC/AML feature? How do you deal with countries regulations and how safe it is?
I learn that Shuttleone have product name with “The SpacePods” Which can support to supply liquidity for stablecoins, but how does The SpacePods work? What is the requirement if us a company who have stablecoin want to join in The SpacePods?
I read your twitter its all about $SZO token burn. I know “burn” usually have good impact with a token but how does burn system in ShuttleCoin? Does it burn for every transaction for $SZO token? And How many percentage from total supply $SZO did ShuttleCoin team planning to burn ?
As I understand you are targeting Unbanked users. But people trusted CeFi platform as like blind people trusted their stick. So, How are you planning to solve the GAP between users and DeFi? How can you make people understand that DeFi is far better than CeFi? And you are the best platforms among DeFi?
I read that 40 % of the token will be minted and 57% will be unminted. Why you decided to have 57% Token unminted? What is your planning with them? And what about other 3% (57-40=3) supply? What have you done with them?
It is clear that so far you don’t have any fundraising program (like ICO, IEO, Pre-sale …etc). So, without any funding how you are doing so many development? where does the money come from for development? Are you selling team Tokens? Or is there any seed Investors? Explain to us how strong is your funding?
Shuttle one do so many publicity to its SZO Burn Events and, In fact, the total supply is reduced. But also Deflationary or Burning mechanisms must have an end, so How much SZO is left to be burnt? Do you a limit?
ShuttleOne Network allows G2B organizations to facilitate global trade financeing. Who is G2B organizations? What facilitate G2B organizations provide for global trade financeing and who can get that facilitate?
What are the Western investors and companies that ShuttleOne has partnered with to strengthen and achieve its goals in the Asian company? What do they hope to achieve with these partnerships in such a competitive and challenging DeFi world ?
The available ShuttleOne case studies is all about the SouthEast Asia’s problems. Will you focus your finances and marketing on the region for now or you will simultaneously try to enter other markets?
ShuttleOne have not run any tokensale and distributing the tokens on their Community, ShuttleOne’s Business, Equity Backers and to the Team. So far how many of the SZO tokens are already distributed on the respective recepients?
I found interesting that Shuttle one founders were competitive e-sports players, how did you ended with this passion for open finances and helping underbaked users? Can this project be extrapolated to DeFi e-games?
Who is able to use the Visage Protocol? Can the private banks and governments get advantages from this protocol?
Different countries have different regulations to follow and licenses must be obtain to operate. Have you already established connections with them. example; Singapore, Philippines, Malaysia, and Indonesia to flawlessly run ShuttleOne’s objective or you just seek partnership with institutions / companies there?
Shuttle One uses an AI-powered credit scoring system for the financial and business viability of merchants in the supply chain… I understand that this is done for the purpose of financial risk management.. can you explain how this credit scoring system works, what kinds of financial data does Shuttle one use to determine the credit scores, and why did shuttle one decide on creating it’s own credit scoring system instead of partnering with credit unions who may have all the financial data needed
In one of your articles it is stated that Shuttle one is utilizing a mix of fungible and non-fungible tokens, to provide onchain and offchain management of trade financing and operational oversight. In line with this, I read that ShuttleOne captures basic merchant information and tokenizes the merchants’ financial data and port operational data into a non-fungible token called Risk Assesement Token (RAT)… In what ways does Shuttle one utilize fungible and non-fungible Tokens to provide onchain and offchain Management.. and What will the RAT (Risk Assessment Token) be used for..
In the SZO economy, every transaction initiated by the user in your products mints and burns SZO…. can you explain at what rate this mints and Burns happens whenever either a sell or buy transaction is initiated… and for how long will this go on in the SZO economy…..
Many new projects initially developed well but were suddenly abandoned. How will you manage your project to get your position on the market and become the best project in the blockchain world?
What is on the your project team’s agenda in the future, and what are some of the ways you plan to grow the community?
Do you have any plans to attract non-crypto investors to #your project Because it is the success of a project to get more investors who are still not in the crypto world. What are the plans to increase awareness around your in non-crypto space?
The COVID-19 has affected the daily routine that we were accustomed, and more in Financial terms, so can you explain how Shuttle One has been fought againts the Pandemic?
Shuttle one is specialist in tokenization terms due its “Shuttle One’s Real World Asset Protocol” but how many kind of this assets can be tokenized?
Shuttle has conducted business in countries like: CHINA, THAILAND, MALAYSIA and SINGAPORE. so the capacities of shuttle are just limited to SEA countries? What is gonna be your Next country target?
One of the ShuttleOne solutions is to solve the problem of fragmentation, this is a great advantage, but fragmentation has also made people have portfolios in different platforms, increasing security of the funds. How do you enhance security of users’s funds in one place?
ShuttleOne sets a bridge between CeFi and digital currencies, how is thus possible without bringing the centralized issues of fiat currencies to the ShuttleOne ecosystem?
What help is Shuttle one providing to Blockchain-enabled funding to prevent the issue of tampering content?
With ShuttleOne all the functions that people would want to use with their funds in DeFi are in the same place, is Shuttle one secure enough for users to store all their funds in it? Would you recommend it?
What requirements do clients have to submit to show their credit history and request financing with the Shuttle One program? How extense would this process be?
ShuttleOne helps beneficiaries to get a credit scoring and loans. This is great cause gig economy beneficiaries obtain access to capital and insure themselves. But how do you formalize this process and trust them? Do you ask for KYC? Is KYC sufficient in practice for such a service?
There are many infrastructures similar to ShuttleOne. How are they different from the others?
They talk about providing “uninterrupted financial services.” Why might some services show “outages and how does ShuttleOne solve this problem?
If I do not require credit applications, what benefits can the ShuttleOne infrastructure bring me at the investment level?
What are the datasets that the Risk Assessment Token (RAT) captures and how is this info processed to give the final credit risk score?
While handling and managing one token is a very serious job, you have 3 different tokens: RAT, CAT, SZO. Why did you decide to have more than one? Are they required for only one service or do you aim to provide a wider range of services by them? Can you briefly explain what they are used for? Do you plan to have more tokens in the future?
How does Visage Protocol work and how does it relate to and facilitate the operation of ShuttleOne?
How could Space Shuttle One solve the intrinsic problems of NFTs of non-use cases? I realized that Shuttle One says there will always be a unique use of NFT, so can you help me know exactly what it is?
How is ShuttleOne deal with regulation? Your project is great but to implemented it, you will deal with regulation matter. So how ShuttleOne team solve this problem?
in your telegram you said ShuttleOne are backed by highly notable equity investor, would you mind to let us know who are the investor? and also could you tell us your plan about partnership?
Your website mentions that ShuttleOne “facilitates cross-border remittances and transfers for our users and partners from ASEAN to the world”. Does this mean that your network will be limited to the 5 ASEAN countries, or will you provide your service in other countries?
Where did the idea to create ShuttleOne come from? As I read on your site it came from a simple Power Point. How did this happen? Where did you initially get the funding to start the project?
Tell us about ShuttleOne Network. Why did you decide to create your own network? Why didn’t you join the wave of the Ethereum network? I would like to know how much the fees will be within this network.
the cause of the project not according to plan is usually triggered by a lack of prepared funds, what about the ShutlleOne project, have you prepared funding to reach the target target, what if the funds prepared are insufficient to reach the project target, what is being done
we have to do data verification (KYC) to join and start transacting at ShutlleOne, what is all that for and is our data safe on your side?
really why focus a blockchain project on “helping people with little banking to move their money”? Is this totally beneficial for communities that need to verify the movements and the reliability of the income received by all the clients?
If we really live in a modern day that wants to implement fully decentralized finance without the need for personal data, then why does Shuttle One implement a “FACE PROTOCOL” for digitized documentation? wouldn’t it really be a delay?
really why they say we are in an “AGE OF PROGRAMMABLE MONEY”? And really, what interruption problems are there at this time that can only be solved with Shuttle One?
Really, the problem of the global pandemic by Covid-19 has caused strong financial problems, but despite this, many projects have developed solutions for it, how did ShuttleOne achieve to develop solutions and facilities for its users?
really what are the most common interruptions found in both traditional and decentralized financial systems? And how does ShuttleOne solve them all? Will this allow DeFi scalability?
If ShuttleOne is a protocol aimed at decentralizing asset financing, then why is it required to complete a KYC in order to access smart contracts for settlements? Or do they require the personal data of the users in case of breach of rules?
INDONESIA, SINGAPORE, MALAYSIA and THE PHILIPPINES are the countries where they have benefited directly from ShuttleOne services, right? but really why only these countries? Is it only in them where these financial problems exist? or ShuttleOne only seeks to solve the problems of Asian countries?
In your documentation you mention that the ShuttleOne protocol has been under test for most of 2020 and so far has tokenised and simulated financing for assets in Food products, metal commodities, medical supplies and Vehicles. What have been the results of all this testing? Is ShuttleOne capable of handling these products? What about oil, gases and other similar compounds? Are they planned for 2021?
I’m very curious about your $RAT NFT Token. What is its purpose within ShuttleOne? What interesting features does it bring to the project? Will we be able to buy it at some point?
The proganist of the year 2020 was undoubtedly the COVID 19 and one of the aspects that was most altered was international travel, just the market for ShuttleOne. How did you cope with all this? Were you able to make progress despite this global paralysis?
If there is a mistake in the smart contract that leads to a big security breach, would the project be completely destroyed because the smart contract cannot be modified?and your smart contract audited?
How do you plan to spread awareness about your project in different countries/regions where English is not spoken well? Do you have local communities for them to let them better understand about your project?
Why did you choose eth blockchain because fees are high now and other blockchain blike tron have low fees?
What is the Visage protocol?
What is the functions of this protocol in entire ShuttleOne ecosystem?
Developing country currently become target of many crypto platform to bring awareness and addoption.
How will ShuttleOne project sees these country as consumers target?
Can you show to us What is the most potential of DeFi sector that only ShuttleOne can provide in Defi era in the future?
What were the supports provided by VCs such as Rakasasa Holding, Andromeda Capital and Venture Capital to contribute to your project and how did they guide the development of ShutleOne?
How is the SZO mints and burning function implemented for each user-initiated process in your products in the SZO economy and how does it contribute to this liquidity?
Providing more liquidity to SZO liquidity pools How will it reflect on the token price and affect the rewards that will be distributed to suppliers?
What features does $SZO have and what are in development?
Partnerships are essential for Adoption, and the progress of a project, so can you tell us what partner #ShuttleOne has now and in the future?
You stated that “For liquidity suppliers, we are one of the highest paying interest rate of 10% at the moment on Dai, USDC and USDT both in the crypto space and also against banks.”
Since there is no collateral, how much is your interest on loan and how do you charge interest on loan?
Vast majority of Crypto projects are built just for the sole purpose of amassing wealth for themselves. So, I want to know the value you aim to add to crypto industry that will bring greater abundance to the industry?
From your website we know that you (ShuttleOne) have claimed G2B. But we know that in crypto space there is business to consumer, consumer to consumer, and business to business. My question is what does G2B stand for and what solutions does it provide for running a business?
How shuttle One solve the intrinsic problems of the NFTs of “non use cases? I realized that Shuttle One says that have an ” unique way” to use NFTs so can you tell us what is exactly?
What are the benefits of holding an ShuttleOne token & do you have functions such as buyback and burning to regulate the demand and supply of ShuttleOne? And is there any reward mechanism for holding ShuttleOne Token?
Is there any user’s guide on your platform for better understanding on how your projects works?
Your Shuttle Wallet app is available on the App Store and Google play. But after several attempts, I still could not enter it. Are there any difficulties with the application on a mobile device, or is it not fully functional yet?
I think that Shuttle One token (SZO) is the governance token. And also you are having another assets such as RAT (Risk Assessment Token) and CAT (Credit Application Token). What are the reasons to launch another tokens other than the governance token? You could have gone for a one token instead of issuing multiple tokens. Which factors forced you to launch another two tokens?
What is the difference on SZO, RAT and CAT? What are the use cases of these three different coins and Is there any special reason to launch three tokens?
What is about the wallet mentioned in your website? I think it is only for mobiles. What is the speciality with that wallet compared to other mobile wallets? Can I stake there? Do you have any future plans on launching a web wallet also?
What is meant by VISAGE PROTOCOL? How this is going to work on SHUTTLE ONE? And which killer features will be added due to this protocol?
Where is this “SHUTTLE ONE” name coming from? I thought it is a project on SPACE. But it is not on SPACE and no relation with the name. What is the reason to put this name? Any special reason for that?
What is the relationship between SHUTTLE ONE and HappyFresh? Are you partners or is there any another relationship with HappyFresh? Can you explain about this? Because Any project should have good relationships to develop their project.
Loan Application Token (CAT) is an ERC20 token that ShuttleOne.Network issues as a decentralized representation of the value of the underlying assets. The CAT token is a tokenized shipping waybill, invoice receivables, metal goods, and other transport assets such as food and medical supplies. What does this token mean for you and your community?
We all know that Defi had a great hype on the cryptocurrency market recently. And crypto people think that next boom will be on NFT(Non Fungible Tokens) after the Defi. We are not sure about this but we know that NFT is a good concept on crypto now. What are the plans on launching some NFTs on SHUTTLE ONE? Have you already entered to NFT or do you have any future plans?
What is the linkage with CALISTA systems? Do you have any relationship with CALISTA? Or Both CALISTA and SHUTTLEONE are a one project? Could you please explain about this?
Is SZO only have 230 million tokens? Or you have mentioned that “New tokens minted to manage the adoption of SHUTTLE ONE mobile application” Is this meant that you are going to issue more than 230 million token? Could you please clear this?
Privacy and confidentiality of information and user property are important issues, so what solutions do #Shuttleone have about that and how to compete with other platforms?What are the specific differences?
With the development of blockchain technology, an infinite number of blockchain projects have appeared on the market. But people prefer / will accept platforms that have real value..Can you tell us about real-world use of #Shuttleone and your exchange or solutions that contribute to this?
What critical problems do you see occurring in the blockchain industry nowadays? What’s your aim to solve these problems? For ex.,Trust is very important in business, what makes investors, customers and users feel safe when working with you ?
What are your most important next priorities until the end of 2020?Are the fundamental tools sufficient to achieve this goal?
What’s the main Business Model of #Shuttleone platform and the biggest barriers and what are the unique solution for solve this?
What are the solutions for solve the TPS,scalability, interoperability and regulatory issues & expectations of project?