We are pleased to announce our next AMA on January 25th 2021 at 11:30 AM UTC Time: Satoshi Club x Binggo Finance
⚠️Click to see the hour
⚠️Total Reward pool: $800
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Binggo Finance Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 100 seconds. You can post Max 3 questions. Binggo Finance Team will select 10 questions and answer them.
Part 3: 600$ – A quiz about Binggo Finance
For more details:
Binggo Finance – @uniswapbnce
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Bnce is the only project with instant returns to investors.
How is this process going where investors get their funds back? These are refunds in full or some%, and what should investors themselves do for this, what conditions should they fulfill?
According to the roadmap, in Q2 2021 you are planning to recruit a team and increase the number of developers. At the moment, how many people do you have in your team and whom do you plan to invite? Have you already decided on the candidates or are you still looking for? And what other developers do you want to attract?
The first stage of staking is only available to users participating in a private sale and will not be available when the private sale is over.
But can I buy from an investor the wallet that their trader uses to join the staking program?
Original circuit! This is the first time I’ve heard of this. Please tell us more about this, why did you decide to restrict access to the staking program?
I see in your website that “Bnce is the only project with instant refunds to investors and ensures that the funds raised are real net income found by anyone without using the ponzi system, pyramid, or money games”, if ever how and where can we take the refunds and also can you elaborate what is the role of ponzi system, pyramid and money games in Binggo Finance?
I see this statement in your website that “Bnce Bnce Provides transparent assurance of income to the entire community without a doubt that the funds they get will experience uncertainty.transparent assurance of income to the entire community without a doubt that the funds they get will experience uncertainty” it looks like a grammar and redundancy issue, how will you take action for this kind of problem?
I visit your website and I see that there is so much error in terms of information, especially in your roadmap i see that after the Q1 2021 you will list on centralized exchange and after that 2020 you will release full platform. In this kind of problem and mind boggling error, how will you approach this kind of problem? (I am very confuse that’s why I try to ask this one) More Power to Binggo Finance:)
After join to your telegram, im just curious why there are so much info about Presale or Public sale from other project in the past? Can you give any clarification about this? Do Binggo Finance actually a rebuilt project from previous project?
I don’t want to sound offensive, but there are several things on your website and documentation that don’t get me out of my head that you are a SCAM project. 1- You have a twitter account with no activity. 2- The picture of your team in your whitepaper are of very poor quality, they don’t even look like they were taken by a smart phone. 3- On the bncetoken.com site you have a logo and on the binggofinance.com site you have a different logo. So these are things that as an investor would give me a bad feeling, could you explain us the reason for these things?
I took a look at your website and there’s no information at all about the creators and the team behind this project. Who are you, how many and what’s your experience in DeFi?
Has this project been audited or is there a plan to do it? What are the security precautions this project has to keep the assets and data protected?
From the roadmap in you whitepaper, the goals you have set for Q1 of 2021 is PEREKRUTAN TIM and Whitepaper release. I don’t seems to understand what the Perekrutan Tim mean. Is this referring to a pre-sale event, a feature launch or marketing activity? Or is this a non English word which has a meaning in another language? Kindly clarify in case the meaning may be important or relevant to the member of your community.
Your second product is known as “the dealer game”. Who can become a dealer, and what are the procedure? You talked about the Dealer Risk game and you said all dealers must have sufficient capital to cater for huge wins from users. Do you have a Vault or pool where game dealers deposit win reward for each game and a winner can go and claim or a dealer will only have to start looking for the means to pay game users directly after a win? If a user has a huge win and a dealer cannot provide the winning reward, who will held responsible and how will your protocol resolve this?
The initial onboarding into Binggo finance doesn’t require KYC but you said if certain transaction limits are triggered, your users may be asked to complete KYC and Anti Money Laundering (AML) analysis may also be activated. What are the set limits that doesn’t require KYC and what transaction operations within the Binggo platform requires the completion of KYC? What are the requirements to complete this KYC and how can a user complete KYC authentication easily on your platform because in some platform, passing KYC is quite difficult for users
You said that your platform possible to make everyone to become a dealer in your game, but what is the advantage by become a dealer? Also I still dont know what kind of game that Binggo Finance have. Is it a BINGO game ? a Live Betting Soccer? Or maybe betting game using dice Big and Small? Please explain more about your game
How are you planning to build right now, and then grow a strong and longterm comminity that trust you? You barely have a telegram group, not discord, not medium or public functional twitter. What strategies do you have to make people know more about you and specially how can we stay updated about Binggo?
How Binggo game will work? You said that “each user is a dealer”, how can I become a dealer? and what about if I dont want to be a dealer but something else? Will there be other roles in the game that are as good for the player as the dealer one you presented?
On you whitepaper, you said that Binggo will hold tournaments for more users and investors to have many advangates. What advantages will this tournaments give to the players, and how will they exactly work? What do I need as a user or investor to participate in this Tournaments?
Binggo whitepaper indicates that if a certain transaction limit are achieved, the user have to complete KYC and larger transactions required AML analysis. How much worth of transaction are you going to impose both KYC and AML?
Your yield farming looks similar with Cake. So what are the differences you provide in the name of yield farming techniques to optimize the yields and give the highest yield?
Your APY for every coin is fixed. 50% of that coin and 50% BNCE token. Do you have a general pool to collect and share rewards system? How can you give a fixed number of yield rewards for every coin exactly?
Firstly, I liked the design of your whitepaper, congrats. It is not boring to review like others. I read in there that all players have the opportunity to manage and make rules in the games. Can you provide a real example of the games? What are the ways of setting the rules technically? What if no other players accept my rules and do not join the game, or are they only the single player games?
Could you please clarify the details of your ICO? On your website you say you will have a Softcap of 250 eth and a Hardcap 800 eth, but on telegram account your fixed message says you have a Softcap of 25 eth and a Hardcap 80 eth. What are the real figures?
There is a super important element that you provide almost no information about in your documentation, and that is the role of $BNCE Token within Binggo Finance and each of its products. Can you tell us about this? How will its holders benefit from it?
This is a very recent project and there’s not much information at the whitepaper you’ve released, what is the real purpose of this project and what are the core features to achieve it?
It says in your whitepaper that BINGGO finance is like a marketplace, which connects the supply and demand, for what purpose exactly? What consists of the economic model of this project to make it sustainable?
Tomorrow will start you Presale event and the only Information About the token is the total supply ( 40k) and nothing more, so can give us more technicall Information about the $BNCE?
Considering that you don’t have website or Twitter, where users can found the last news or content about Binggo Finance?
How much of the total supply of tokens are you selling? How will the funds received from the pre-sale be used? Will you block the tokens, or the received Ethereum in pools to provide liquidity? There is very little information about tokenomics, pools and deflationary instruments
Binggo Finance will not take custody on customers assets so your platform, as stated on your whitepaper doesnt require crypto license. But on that same page (page10), Binggo talk about users might be require to do KYC or AML for certain big amount of transactions. Will you explain where might be the kyc and aml takes place, and who will have access or store customers data?
Binggo Finance says that is the new generation of DeFi games, so How many Game did you integrated in your files currently?
Binggo presale hardcap is 80 Eth. If you achieve the target, how much liquidity will be injected upon listing and what is the plan for the remaining collected funds?
BNCE whitepaper design outlook looks unique and attractive, what is the motive behind representing all displayed text in block letters? According to BNCE whitepaper, investors can be game managers and as players. How many games can be managed by one investor. Are these games selected games or all forms of games.
What are the cultivation techniques used by Binggo Finance? How do you detect the “highest” performance available on DeFi protocols? And how can they optimize yields?
What are the use cases for the BNCE token? What are the benefits of participating in the presale for the first investors of the project?
What do you need to do to take part in the pre-sale? Are there any restrictions on the amount of entry? Many projects create a white list in advance. What are the conditions for pre-sale?
Can I really bet and win every week within Binggo Finance? What are the guarantees given to users who decide to be part of the project? Does Binggo have an anti-hack system?
How did Binggo Finance contribute to a small business making it have more than $ 1 million in profits in less than 2 years? How did they manage to make this amount of profit in such a short time? Is this real?
You Are writing about creating a gaming platform, maybe it will be a decentralized Bingo? But I didn’t find any information about which games will be developed. Please clarify what you mean by this decentralized game based on the next generation of defi game. Will be you developed 4d or 5d decentralized game. I am as a gamer will be very waiting
You write in a white paper that those who did not participate in the presale can not participate in the stacking. Why choose a solution that will lead to a default of investments after a private sale and from which the platform already has funds in the stack, if the sale is on January 26?
Can you explain more about the “Weekly Emission Drop” program of Binggo Finance? What is this all about?How does it works?How many weeks is the duration of this program? How to earn in this program? What will be the best offer that this program is up for investors?
I read that users can become dealers in a game with a specific period. What does this mean and what functions should be assigned to the dealer, what income can the dealer receive or the risk is borne by the dealer? And please tell us more about the games that you are developing and are going to present, because it is too figuratively written on the site, and I have not found other sources to understand. And there is an opinion that you call ordinary farming a game.
Can you tell us the mechanism of Staking in Binggo Finance? Why do you have different pools in your Staking? How can we get 50 percent APY in staking with your platform? Can you tell us some calculations regarding your staking? Thank you
From the name of your platform which is “Binggo Finance”, it sounds like it is a gaming platform but when I open your website it is not and the only information I see regarding your services are staking and contract. So, can you tell us why did you name Binggo Finance in your platform? What is the significance of this name? I understand staking as one the feature of Binggo Finance, but can you explain more about contract? How does contract works with Binggo Finance? Aside from staking and contract, do you plan to add some features in your platform like gaming or having an NFT just like other existing platform do to boost their services and value to the community and to the investors?
I see that BNCE token will listing in Uniswap, so do you have another plan to listing in centralized exchanger like bittrex or binance? If yes, can you please share to us when it will be listing?
Say you have the same percentage indicated in all pairs. For example, APY: 50% YFI – 50% BNCE below you write you write Reward:YFI/BNCE, this means you will give a reward in 2 tokens? But when stacking 1 token, the 2nd (BNCE) will not work from where will the BNCE token profit then?
I read your whitepaper about roadmap, on 2021 there is ‘Perekrutan Tim’ (recruitment team) in Indonesia language, so do Binggo Finance Team are from Indonesia? And what do you mean by ‘Recruitment Team’? Its mean you want recruit people to work in Binggo team or its about recruit team to play in your game ?
Your website is just full of with pools. There is not any greeting word cloud or any section that tells what you are exactly doing. Will you change this manner?
Can u tell us which technology helps Binggo Finance to automatically farms the highest yield available from the newest DeFi protocols?? How this technology works??
Will Binggo game have any compensation mechanism for the users who lose?
How does Yield farming benefits non-miners or farmers? How many ETH will be the softcap and hardcap of your presale?
How important is the community to Binggo Finance? and how can we collaborate or help spread the word about BNCE for the development of the project?
Are you going to lunch Binggo Finance App in the future ? Are you thinking of getting into the NFTS space in the future?