We are pleased to announce our next AMA on January 10th 2021 at 02:00 PM UTC Time: Satoshi Club x Nord Finance
⚠️Click to see the hour
⚠️Total Reward pool: $1000
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Nord Finance Telegram group
We will have the following structure:
Part 1: 150$ /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$/10 users – Open chat for 100 seconds. You can post Max 3 questions. Nord Finance Team will select 10 questions and answer them.
Part 3: 700$ – A quiz about Nord Finance
For more details:
Nord Finance – @NordFinance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Traditional finance often complicates trading processes, how does Nord Finance simplify DeFi investing and what are your key features to conquer this area?
It is difficult to convince people to bring traditional finance to a new ecosystem like DeFi, what do you think is the secret to meeting this challenge and what does Nord Finance offer to solve this obstacle?
What does it mean to be an interoperable blockchain agnostic platform? How does this feature influence the vision of Nord Finance?
There are many users who want to learn how Nord Finance asset loans work, what are these loans based on and what requirements must we meet to use them?
I have read on your website that you offer an automatic advisory service for inexperienced users, how do these advisory services work and how does this influence the knowledge of beginners?
Has it become a challenge to find a platform that offers good fund management, how does Nord Finance handle fund management and how fast are they to execute the processes?
Aggregation of agricultural production has become very popular in DeFi products, how beneficial is agricultural production in Nord Finanza and how is it adapted to the needs of users?
I have read about Nord Savings, these savings are a bit complex, what is the role of Nord Savings in relation to the dynamic world of Yield-Farming and DeFi savings systems?
Your Nord advisory tool is an excellent technology for investors. What is the correct way to use this tool depending on the type of investment you want to make and how customizable it is?
I constantly read about some Swaps and have seen that Nor Finance has its own Swap, what can you tell us about the protocol you used for your Swap and what updates will come in the future?
Funds are the essential foundation for pre-sale tokens, what is the NORD token fund like and when was the NORD token created? What is the current vision and mission of the NORD token for the market?
The public and private sale are very beneficial to pay the expenses generated by the development of the project. What is the plan of the Nord Finance project to attract investors so that they can contribute to the purchase of the private and public sale of NORD tokens?
What can we expect to see from this project in the short-term (at some point in 2020) and 2021 and beyond (long-term goals)?
What are the plans to educate and raise awareness and adoption among the community to make more people understand about the project easily?
Amranath CEO of nord was member of amesten assests, I want to know how they got the idea to create nord finance & are you here for money or tech?
Could you please tell me just a little more about the team and some of their backgrounds? I have personally seen many projects launch with inexperienced team members, and some of those didn’t go so well due to easily avoidable mistakes.
Most of the Crypto projects are built solely for the purpose of accumulating wealth for themselves. So, I would like to know the value you would like to add to the crypto industry that will bring greater abundance to the industry?
Can you tell us the motivation and benefits for investors to hold $NORD token in a long term investment and What plans do you have to help drive demand and scarcity for the token?
DeFi has been a very popular movement in crypto. Can you tell us about your plans to integrate this into your ecosystem?
Every success project has interested story before it was created . So can you tell people about the story of your project that gave you the motivation to build and develop a great project like Your project?
Currently most investors only care about profits at the moment but ignore the long-term benefits. So can you give them some advice why they should buy and hold this token/coin in the long term??
Trust is very important in business. So, what makes investors, customers and users feel safe when working with Your project? And how will you get the trust of many users that have negative thoughts about Blockchain and DeFi?
What are the marketing strategies of your project? What will you do so that your project will be visible in crypto field and people come to explore your project?
Projects that are not traded on major exchanges remain unnoticed. What do you think about listing the $NORD on the additional leading exchanges?
.Many projects rug pulled and exit scam recently. Why should investors trust your project not to do the same?
Now day by day hacker hack many project…now tell me how to protect member security in HGOLD project?? What is your security system?
What API access do developers have to The Parcel SDK, and how does it help in the process?
I saw Nord Finance have 4 key products; Nord Savings, Nord Advisory, Nord Loans, Nord Swap. Which of these products do you consider more important and how is Nord Swap unique when compared to other swaps.
12th January has been set aside for your IDO launch on Polkastarter. Why did you choose polkastarter as the platform to launch your IDO and will there be a consideration for CEX in the future?
What are the solutions that Nord Finance proposes for the DeFi space and how do you intend to implement these solutions? Do these solutions proposed by Nord Finance provide any advantage over the DeFi market? Explain
The Nordic financial model, adopted by several countries, is a What is the contribution provided by Nord to simplify this problem and make this world more open for all?
I understand that among the objectives of this project is to maximize the returns for our users and help them achieve their financial objectives. How do you intend to meet this goal by taking into account the opinion of the co-founder of the Oneplus brand?
Currently the Ethereum network has many disadvantages and has scalability problems, high fees, slow speeds and stop counting, knowing all this, why did Nord Finance decide to forge its way into the ERC20 network? What good points did you observe to renew that others did not?
I have shown that one of the big problems for most DeFi projects is agriculture, when it starts the price drops because people download to put liquidity on the farm. Is there a factor that allows users to obtain profits by withholding in order to give value to the token and thus not grow and throw?
What seperates you from so many others that have gone before you…..with respect sir?
What seperates you from so many that have gone before?
Smart contracts are prone to failure and many projects fall victim to this, costing users money and the project discrediting. How reliable and secure is your smart contract? Have you audit it through any of the parties?
Usually the project only tells about their strengths. Can you tell us honestly about the weaknesses of your project? And what are your plans to solve it?
Do you agree that community is a key factor for the success of the project? Knowing that the project has had quite successful phases, but with future plans do you have plans to benefit some communities coming soon?
Nord Finance evolved from Slick Finance. What is the reason of this changed and the what is the major upgrade the development team added to the new platform for them to decide that a change of name is needed too?
Today, Nord Finance are going to do whitelisting for IDO in TWO phases. Is there any requirements for an address for a chance to be selected, like minimum ETH needed to be hold on the participating address?
Nord.Advisory will have a product called robo-advisory, which is designed to offer customized investment solutions for customers. How accurate the readings of this robo-advisor, how fast is its processing of data, and when will it be available?
As I know, users can use Saving and Pool products on exchanges with their assets, it is very easy and convenient. So what makes DeFi products better than those CEXs platforms? With Nord Finance, how do I get started?
What does it mean risk-adjusted returns for stable coin investments through multi-chain yield-farming?
What is the plan to maintain zero cost transactions?
What is the plan for investment funds protected from any attack?
I understand that the total supply of Nord Finance is limited to $ 10,000,000 NORD, this is for the cases of private sale and of seeds, for the case of the general public what is the supply? Are there any extra benefits to these?
I understand that Nord wants to drive the real adoption of DeFi, what is that series of sophisticated financial instruments that Nord implements to obtain an advanced decentralized financial ecosystem?
Nord Finance’s goal is to become an advanced decentralized financial ecosystem designed to simplify DeFi investing, what are the key features to achieve this goal and scale in the DeFi world?
His initial interest was in solving problems in the existing DeFi space, such as high transaction costs, lack of interoperability, multi-chain yield farming options, non-permanent loss, and reducing the gap of information between expert and average investors. What made them change this north? Because I see that they are more advanced
You talk about APY Maximization but don’t explain how you intend to do it. Please get into specifics, because everyone promises higher APY’s, but not everyone can deliver this.
My question is How safe is your Project Rigel? Recently we see a lot of hacking happening in crypto market that have exploited for millions of dollars even though audits have been conducted have you any plan to protect this kind of risk?
I invest in a project last month and it went not well they scam so many investors and I felt like I don’t trust any investment project from now on and It looks like you are anonymous, so how can I trust your projects not to rug pull and scam?
I’m curious about the team’s record. I think it is important to invest on a project who has a reliable workers. Do the team already worked on something related to crypto industry and how many of you in your team?
How do you rate the security issue?
Nord Finance has a feature called “automatic advisory” that’s supposed to understand individuals’ needs and requirements based on their goals. Could you please tell more about the machine-learning/AI functions behind it – how has it been tested and what kind of advice can this feature give to the users? Is it mainly meant for advanced investors?
Nord Swap offers its users multi-chain swaps of assets, being compatible at least with Ethereum. Which other blockchains is it supporting and is it technically an aggregator or a DEX on it’s own on the Nord Finance platform?
Reading your website came across the feature “Nord Savings” and without too much further looking into it, it seems like a vault/yield farming protocol type of solution on the Nord Finance’s ecosystem, right? Do we need to purchase some tokens before that, and secondly what kind of tokens can we use to farm $NORD tokens with it?
Nord Advisory is interesting. It’s practically a robot which tells me how to invest according to my profile. Creates a custom strategy for me. As far as I know, this kind of things require a very performant AI. It’s very hard to do such a thing and it’s prone to errors. Who will take responsibility if that AI chooses to invest in a low quality token and I will loose my money?
Can you tell us more about your partnership with Frontier? Why did you need a partner to develop a mobile version of your service? Or is this partnership more than this?
The first product available in your ecosystem will be Nord.Savings
Explain what features will be available there and why should I move my funds from other platforms where I use their savings services to your savings platform?
In order for a token like the $NORD to become a success in the crypto ecosystem, it has to have some utilities that will attract users. Apart from liquidity mining, what other utilities does the $NORD have to make it become a success?
Am still wondering how possible is it to achieve a zero gas fees. So can you please explain the methods or ways that NORD Finance is using to achieve zero gas fees.
How has changing the name from Slick Finance to Nord Finance impacted the project positively? Any major reasons for the name change?
question:
I can see that you are aiming to be the ONE-STOP SHOP in the DEFI SPACE.
but, What really is the NORD DEFI’s strenght or the Field of Expertise?
question:
Does with you at Nord Finance being deployed in the Etherium Network can affect the sPEED Of Transactions because of the Ongoing Network Congestion?
Nord Finance project is hinged on 4 core products: Nord Savings, Nord Advisory, Nord Loans and Nord Swap. Am particularly interested in the Nord Advisory. You have described it as a robo-advisory algorithm based service that renders personalised financial advisory especially to novice users in order to help them realise their financial goals as they transact Defi landscape. How is the subscription model/service activation like? What sort of aggregated data and profiling information are required from a user by this service? In addition, What type of financial advisory services can I get and how reliable can this automated advisory be?
Your IDO is scheduled for Jan 12 and 100,000 $NORD have been allocated for public sale. 350 address will be whitelisted which will qualify them to participate in your public sale event. Why is the number of users to participate in this event limited to a paltry 350 considering the fact that your Community have over 17k members? How can a user get into the whitelist or is it late already? Also, what provision do you have for interested investors who are unable to get whitelisted?
Raising too much money in private or seed is always a concern for small investors who participate in the public sale. This is because they buy with lower price and can easily sell with profit. So, my question is: How much did you raise in private and what is their vesting period?
Can we find out how Nord sets APY rates? is this determined by Nord Finance itself or by the exchange?
Nord Finance mission is to simplify DeFi investing by bringing key features of traditional finance to the DeFi ecosystem. Can you explain further, what are the key features of traditional finance that you want to bring? and how will this make a positive contribution to the DeFi ecosystem?
When they tell us about Nord Loans, they explain that users can benefit from a loan with excess guarantee, which can cover any unforeseen expenses, what would be the term that users would have to pay that loan? in case of not complying with that time will there be any penalty?
What exactly is your Robo consulting service, how do you categorize the user profile and investment requirements in this field, and how does Robo consulting create investment strategies?
Originally the name of the project was Slick Finance and then changes to Nord Finance, so Easy a clear, what is new in Nord in comparision with its older version?
Q: To me the success of a token depends of its utility on its ecosystem, so can you tell us how many usages or application have the $NORD into the ecosystem ?
Q: Can you share your fundraising situation and how your private and public offering tokens are distributed? And what are the plans for the next IEO/IDO? What should we prepare if we want to participate?
Q: What roadmap Nord finance plan for Q1 Q2 Q3 Q4 2021?
One of product from Nord Finance is Nord Saving, but after read your website, Nord Saving have similar function with Local government Bank. What are the advantages that Nord Saving give to user better than normal bank outside there?
How does NORD enable seamless interoperability between networks with low transaction fees? Will the $NORD token help me work with multiple networks? Will my commission rates be lower if I use it?
On the topic of the need to increase the value of the token or reduce market capitalization, will the NORD Ecosystem accommodate a BuyBack/Token burn mechanism after the token sale or in the near future?
Nord community is growing, SO how can we user help you and How can we contribute your quota towards your success?
As for security: The data is stored in Nord Finance , which is almost free from theft – what exactly does it mean almost?
Most investors simply focus on the price of the TOKEN in the short term, and not on the real value of the project. Can you tell us about the motivation and advantages of token investors in the long term?
What are the marketing strategies of your project? What will you do so that your project will be visible in crypto field and people come to explore your project?
I have read on your website that you offer an automatic advisory service for inexperienced users, how do these advisory services work and how does this influence the knowledge of beginners?
Nowaday hacker hack many project…now tell me how to protect member security in NORD Finance project?? What is your security system?
With a very small current circulating supply, are you not afraid that a large number of coins will end up in the same hands?
Can i hold for log term #NORD?
Tell us about your plans for 2021, what are you currently working on, and are you going to expand?
.Many projects rug pulled and exit scam recently. Why should investors trust your project not to do the same?
If anybody thinks your project really likes a scam project, and they can’t trust this project. How do you make them believe in your project?
How do you plan to spread awareness about your project in different countries where English is not spoken well? Do you have local communities for them to let them better understand about your project?
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.
Protecting users data and privacy has become a problem that many companies/projects must face in their development.
So can you explain a bit about your project Security?
Collaborations and partnerships are some of the most important cornerstones to help improve adoption. Can you tell us about your current partners, plans for partnerships and what everybody stands to gain from these partnerships?
For a project development first of all main priority is having enough fund. Does your team financially capable to run this project? Do you have enough fund for it’s developement? Can you tell us that how your project generate the profit?
Community support is one of the biggest aspects of a project’s success. Most projects have programs that interact with their users. Does you have any special plans to attract and expand the community and improve the user experience?
Nord Finance has barely 51 entries in twitter but 14,2k+ followers. Certainly, its remarkable, what are the mainly marketing strategies the NORD Finance team is doing to call investors? How much funds are destined only for this?
At the moment, the ether network has big problems. One of them is large transaction fees. Do you plan to issue some of the tokens, for example, on the BSC network?
There are so many DeFi protocols / dApps existing and upcoming in Ethereum chain as well as Interoperable blockchains. How Nord Finance differentiate itself from others in unique offering?
“Nord Advisory” product understands the user profile and their investment requirements basis their financial goals. What technological infrastructure does it use, how does it learn? Does it work based on the users’ financial activities, in other words, do users have to do all their financial activities through Nord Finance; or does it work by gathering information from the users via a questionnaire kind of way?
With so much potential and opportunity in DeFi in the future, how do you plan to stand out from the other projects and be the go to destination for newbies and established investors to get involved with DeFi?
Even though the viking theme is pretty awesome you wouldn’t usually link it with modern finance/DeFi. So how did you come up with the name? Is there a story behind it?
Regarding your roadmap, you plan to launch Nord Savings (Yield farming) in Q1 2021 and the $NORD listing, how do you prepare for this important events? I have some questions, where will be both? how will be the mechanism? And obviusly how can users join it?
What is Slick Finance and how is evolving to Nord Finance? I am curious about it, is it a project inside of Nord?
Not sure if totally but your system seems to mostly focus on stablecoins. Stablecoins act like a bridge and usually equivalent to fiat currencies. Although they are crypto technically, almost same with fiat in practice (not so exciting). So why did you prefer stablecoins? Will you expand your system with other crypto tokens?
I think your motto is “An Advanced Decentralized
Finance Ecosystem” What are the features does make you more advanced than the others DeFi projects?
NORD Finance is about to list $NORD in UniSwap so soon. This can be a hit for the project, but sometimes many projects just decline after listing. How is Nord Finance prepared to make the listing event a happy and sucessfull moment?
Hi @amarnath_reddy firstly want to Thank and Congratulate for launching this amazing project also for getting Huge response from community on your Phase 1.
The features of $NORD Finance like Nord Swap, Nord Loans looks interesting.
This project looking out to be best in DeFi platform, upcoming and existing projects can take this as guide.
Q1. What inspired you to launch this amazing project with these amazing features?
Q2. Can you please provide some suggestions for upcoming projects
What does block-chain agnostic mean? It’s the first time I encounter this term, can you tell us how does it reflect in your tech and project in general?
Could you say that your main goal is to bring CeFi features to your DeFi Ecosystem? What features are you most excited to bring to DeFi, and why? What innovative feature that it’s only in CeFi by now would you like to incorporate to your platform to give your users a better experience?
What software will be necessary to mine $NORD? And when will miners be able to do it?
We can see your Founding Team on your page, but what about all your team right now? How many people do you have working with you? Are you looking to hire more staff? Could you tell us a little bit of their background and why did you choose them to work with you in Nord Finance?
Currently we know many projects with traditional ecosystems, and I would like to know the differences or additional characteristics of the proposed advanced financial ecosystem?
It is known that Nord Finance are seeking to join forces with other associations to improve in all possible areas, and I would like to know if they have any other strategic union in mind? Is there a specific association you hope to join?
Do you have any specific marketing strategies to increase your adoption on the market?
Protecting users data and privacy has become a problem that many companies/projects must face in their development.
So can you explain a bit about your project Security?
As you know Covid-19 has a large impact in the crypto Market, So How can your company maintain its project and also the team that are working hard during this pandemic?
Aggregation of agricultural production has become very popular in DeFi products, how beneficial is agricultural production in Nord Finanza and how is it adapted to the needs of users?
Investors often invest in projects that can be practically applied.Does Nor Finance address some aspects or fulfill it? if possible let me know some of those applications ?
Revenue is the main thing for all platforms to survive and keep going. So, how does Nor Finance make a income? What is your strategy to attract new users and Investor to your platform and keep them long term?
Does Nor Finance have a competitive advantage over projects with similar ideas?
Could you tell us?
How nord finance will succeed in this industry? Because we are seeing more defi Ecosystem coming daily. Everyone has plan, but How will you conquer here?
Trust and security is very important in any business , what makes investors , customer and users safe secure when working with your project?
One of the products to be developed by Nord Finance is a robot advisory. How will this robot work? Will it be possible to make automatic trades with this robot?
Can you share us with some information about the partnership with Frontier?What are the benefits that we can expect from this partnership?
What exactly is your Robo consulting service, how do you categorize the user profile and investment requirements in this field, and how does Robo consulting create investment strategies?
Zero cost transactions how is this supported?
Many believe that 2021 will be the year of DeFi consolidation and mass adoption of NFTs. What are the NFTs solutions that Nord Finance intends to deliver?
Deployed on the Ethereum Network, it integrates multi-chain interoperability, thus proposing a lot of financial principles, creating savings, consulting, lending to assets, investing / managing funds, and convert ”
So from your information I would like to ask that the effects of high gas charges right now are the dangers or difficulties for Nord.finance? If you have a chance, do you think you will move your Nord.finance project to BSC? Because the current fee of BSC is almost zero? And surely it also has to trade something?
Why did Slick Finance changed into Nord Finance? What besides the name changed, is it still the same vision and mission as a project?
What’s the uniqueness of your project that can not be found in other project that’s been released so far? give me 3 reasons why I should choose Nord?
Will all transactions that interact with Nord Finance’s smart contract be gas free? How do you intend to do this?
What is $NORD strategy to attract new users? There are already many competitors, why are you better or how do you plan to overcome them?
According to your Medium article,in one of the features of Nord Finance which is the Nord.loan. Nord Loan is a personal overdraft facility where the users pay interest only when they withdraw the amount.Can you explain more about this statement? So, if we will lend in Nord,the amount be given to us is already deducted by an interest? What are the terms and condition may apply for taking a loan in your platform? Mostly bank has a lower interest than other platforms, so can you tell us why would we choose Nord Finance over bank in terms of making a loan? Does your loan offer is available globally? How accessible it is? Do you plan to launched a Nord Application for users to easy access with your services especially with loans? Thank you!
Nord Finance IDO is coming and it will be hold in Polkataster. So why do you choose Polkataster to hold your IDO? What would be the advantages and positive impacts that Polkataster brings into your platform? Does Nord Finance smart contract already audited? Many platforms already done IDO and not all been successful and some were abandoning investors, so how will you assure that investing with Nord Finance is worth and safe? How can we give our full trust with your platform especially our hard-earned money?Thank you!
Hello, As an investor i feel it’s a lot to pay huge amount of fees be it for swapping or farming. Since all other DEFI platforms are facing the same problem. So how the team of nord finance will work on that to minimised fees in DEFI ecosystem.
One of the key feature of the platform is “Highest returns- To deliver the highest risk-adjusted APY” can you be more specific in explaining the algorithm behind this? Because it can be play key role in bringing lot of investors in the platform.
Nord Finance IDO is coming and it will be hold in Polkataster. So why do you choose Polkataster to hold your IDO? What would be the advantages and positive impacts that Polkataster brings into your platform? Does Nord Finance smart contract already audited? Many platforms already done IDO and not all been successful and some were abandoning investors, so how will you assure that investing with Nord Finance is worth and safe? How can we give our full trust with your platform especially our savings and hard-earned money? Thank you!
Do traditional finance have more financial products than decentralized ones? Is this why Nord Finance wants to provide DeFi with more of the advantages of traditional banks? or really to what would it be?
Are all traditional finance financial products compatible with all DeFi chains? Or do you have to make advances and modifications in certain chains to be able to operate in it?
I understand that with Polkastarter Nord Finance seeks to take a step towards interoperability between chains, but will it only focus on decentralized banks? Or will it also develop tools that allow multiple chains to be interconnected with traditional banks as well?
initially it is Slick Finance, now Nord Finance, I understand that they always had the same objective of “simplifying DeFi”, only that they added more features and new objectives, but were the name change really necessary? Or was it due to the association with another company, in which he requested the name change?
I understand that a “smarter portfolio” can be created by programming Nord Advisory for the user’s own objectives, right? If I am a trader, can I program it to recommend the currencies that are in the best conditions to operate?
Nord Finance managed to be an ETH-compatible project that develops a protocol that interconnects multiple chains, allowing ERC20 to be exchanged for TRC20, right? But do you plan in the near future to create an ETH-based NFT token exchange as well?
How the NORD token manages to absorb the large amounts of ETH gas used in the exchanges in DeFi protocols? And also, how does it manage to be used as gas when exchanging tokens from different chains? or does it really not?
An event as important as “Nord Finance IDO is on Polkastarter” why is it not on the Road Map or in the advertisements on your website? Is it because it was unexpected? If so, then should we not be guided by the information on your Road Map but by the official Telegram channel?
What are the proposals for using the $NORD token? What are the benefits of a token holder?
Nord Savings is a low-risk, high-yield product, similar to the traditional bank finance savings product. As far as I know, low risk applications always have low yield. Could you explain how Nord Savings achieves this?
The DeFi world is rife with vulnerabilities and flaws in smart contracts that lead to a loss of investor funds. How is Nord taking care of this problem?
I see there are two whitelisting process in whitelisting,so I confused with a other tocken,so where will get that tocken?
Can you tell me why you named this currency $Nord finance and what does $Nord mean?
Why NORD?
In crypto Market, Many project’s were Dead & some project’s Core Team members left projects,which impact negative effect on crypto projects!
So, How we can trust $NORD FINANCE token? ,What make you not scam & long term working project?
The use and support of your token is very important to built a strong ecomomic enviorement, so can you explain what are your strategies to increase your demand? The $NORD FINANCE will use an deflationary or Burnt mechanism?
Now a lot of Many fake defi projects promising insanely high $NORD FINANCE but ended up pull liquidity or minting, how does your project respond to this case ? Explain the reasons why we should invest in your project because we know you’re a team without a name???
Are you planning to burn or buy back any tokens from the market in the future? Do you have such programs?In the world cryptocurrency competition, features are of the utmost importance to attract investors and the community! Can you provide a list of killer features that scare your competitors over your project?
At this point, do you think you need exchanges as a binance to keep growing? Or is it better to forget those things and focus on other activities?
What are your STRATEGIES or PLANS to make people,users and investors TO THINK THE SAME WAY I THINK about how GREAT is $NORD FINANCE?
Can you give an overview of $NORD Token tokenomics?
Will the design of the token rise and fall with the success of the platform, does it include any scarce paths, such as equity, storage or burning?
Your goal is to build a one-stop decentralised financial Ecosystem to serve the rising needs targeting novice users…
How are you implementing this stop?
How is it going to be beneficial to me as a novice?
At the time of this AMA, the second phase of whitelisting applications should be completed. Was there a lot of community interest? Did you receive a lot of applications? Will the Satoshi Club community have the opportunity to join you on an equal footing with those who have already applied?
I do not have the time and knowledge to make independent investments, so I became interested in Nord Advisory.
Tell me how the algorithms were made, on the basis of what data (historical price movement, market volatility, the impact of the news background), what generally accepted teachings about the financial theory you implemented in the code so that you could get data close to real ones at the output? What are the percentage of profitability and probable losses? Are there any guarantees that in the event of a loss, the finances will be reimbursed? Thank you very much.
Can you tell what is the use of NORD token in your platform? Do you have incentives program for holding NORD token?
You say you want to bring key features of traditional finance to the DeFi ecosystem. But in traditional finance, bank deposits are insured, and the ability to engage in financial activities is strictly regulated, thereby cutting off unscrupulous companies. In DeFi, anyone who knows how to write a smart contract can immediately start financial transactions with investors ‘ money. Do you think your project can provide the financial security that the traditional financial ecosystem provides from collapse for investors.
Can you please introduce about all of Nord Finance product to us? Also please give specialty from each product that can attract us to use your platform
Can you please tell us about detail of your IDO that will start on 12th Jan? How to join as your whitelisted user?
You believe that Risk management is a key aspect necessary to achieve your goals. Can you tell us what the risk prevention algorithm is based on and how the algorithm works when a negative impact (loss) occurs on the invested funds? Do you have an emergency management protocol for non-standard market behavior and what algorithm is implemented in it?
During this AMA, the second phase of whitelisting IDO under the PolkaStarter cross-chain auction protocol is to be completed. Was there a lot of public interest? Have you received many applications? Will the Satoshi Club community have the opportunity to join you on a par with those who have already applied?
Nord finance has 4 products Saving, advisory , loan , swap.
What is next in terms of product? Is team working on improvement of existing products or adding more products .
Nord Loans allows users to use their cryptocurrency investments to obtain loans. By promising their cryptocurrency investments in your smart contracts, users can instantly receive a super-collateralized loan, and they only pay interest on withdrawals?
That is, you provide your users with more credit than their collateral? And as I understand it, I do not pay interest on the loan while I use funds within the network, without withdrawing them from circulation?
What conditions and requirements do you put forward? Please tell us more.
What difficulties have been overcome with the development of Slick Finance at Nord Finance? Did you manage to achieve your goals?
How reliable is your nord advisory bot? Will it be live anytime soon?
Is nord finance planning to work on polkadot ecosystem?
Will nord finance be compatible with Layer-2 solutions like Matic Network?
There are many popular yield aggregators in the market like curve finance. How is nord different ?
After looking at your Twitter page, I noticed that you are conducting a lot of AMA with various communities. What other sources and methods do you use to attract users to your community?
I surprised your site main cryptos will be used in the financial system but really why not you are using main cryptocurrency like Usdt or Eth or Btc? Don’t you have any plan to do that?
When i see the website it says nord finance is currently operating on ethereum. But it also says that nord platform will offer zero cost transactions.
How are u making this possible?
How much advantage will create your parnership with frontier & zokyo? Frontier is good but with Zokyo, why? Any benefit with zokyo?
Lot of hacks are taking place in defi world. How nord is planning to making its platform safe from these hacks ?
I saw on your website that there is crypto loans , but there isn’t any explanation about how we can do it , so can you please give me few instructions how can I do a Loan ?
Thanks
Could you please inform and explain to us, what benefits will we get as investors if we buy and store Nord Finance? Does Nord have a big potential to be used as our favorite token?
Who are your main competitors in the space? I mean, who do you see as your important competitors? How do you plan to beat your competitors? What makes Nordfinance and Nord token is more unique compare to competitors.
Why should i choose Nord loans instead NEXO or BINANCE crypto loans, any benefit for me? I need the amount of minimum collateralized amount in usd?
“SLICK FINANCE IS NOW NORD FINANCE”. In SLICK FINANCE You tried to solve high cost of transactions, lack of interoperability/multi-chain yield farming options, impermanent loss and bridging the information gap between savvy and average investors. And now you are going for NORD FINANCE instead of developing SLICK FINANCE.
My question is what is the reason for this? what factors forced you to go for NORD FINANCE?
So Presale will start on 12th January , I always ask my self if I will join a presale or no , but the thing that motivate me is if I know that the token will be listed in the exchanges .
So can you please tell me where the token will be listed after the presale ? And will it get listed in big exchanges ?
Thanks
Nord savings
Nord advisory
Nord loans
Nord swap
There are so many products on NORD FINANCE. Among them what is your most favourite product? Could you please explain a little bit, why is it in your favour? If all products are significant in point of your view, please give us a brief intro about those.
There isn’t many information about the team and there is only some details about the founding team , so can you please tell us about your team , how many people are you? And what missions do you want to do for improving the project?!
What is the relationship between NORD FINANCE and AMESTEN? Have AMESTEN invested on NORFINANCE or any other partnership there? Could you please explain about your partnerships. Because everyone knows that to go more far, good partnerships are essential for a project.
You have mentioned that “ZERO COST TRANSACTIONS”. Could you please explain what is meant y this? Because it is not possible to reduce the transaction fees to zero. Here I think you are meaning that lower transactions cost, Am I right or any other meaning is there? Could you please explain about this?
Have you done smart contract audit? if so who has done the audit? could you please share the audit report?
“NORD FINANCE liquidity mining coming soon” What is the status of this as per now and which coins can be added to this liquidity mining? Please explain about this feature that is going to be released in near future
In your website you have mentioned that your “aim is to offer users easy access to a plethora of financial products”. What is the reason to choose this aim/concept for NORD FINANCE? Because we cannot see so many projects on this concept.
According to your website, NORD FINANCE is “Designed as a block-chain agnostic platform with multi-chain interoperability” Could you please discuss about these terms “AGNOSTIC PLATFORM” and “MULTI CHAIN INTERPROBABILITY”? And how are you going to achieve these by NORD FINANCE?
We know one of the Nord Finance’s key product features is highest returns. And how it works to make the highest returns assured? In term of the feature, is there any differences between Nord Finance and Yearn.finance (YFI)? or Nord Finance is more highly competitive?
Is there any insurance contracts or plan B to protect users’ assets on Nord Finance when hacked?
What do we hope to see from this project in the short term (sometime in 2020) and 2021 and beyond (long-term goals)?
Smart contracts are prone to failure, and many projects become victims of failure, thus making users suffer the loss of money and project reputation. How reliable and secure is your smart contract? Have you reviewed by any party?
Many projects are just a moonshot and thereafter no usecage of token finally makes the token cheap and damages the investors, as we know. Why people must hodl Nord? How we can earn long-term profit in Nord Finance?
Is there any upcoming globalisation/partnership program? How long you will continue these programs?
There is many defi project with similar products and programs, what would makes Nord Finance special? So then we will see a high demand for project products!
Will nord have an account on hardware wallets
Will Nord have a card?
Will nord carry out an audit?
How do you see NORD in the next 5 years ?
Do you believe Nord will change something in the crypto space?
What is the price you see for nord in 1 year ?