We are pleased to announce our next AMA on February 3rd, 2021 at 03:30 PM UTC Time: Satoshi Club x Mun Finance
⚠️Click to see the hour
⚠️Total Reward pool: $1100
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Mun Finance Telegram group
We will have the following structure:
Part 1: 100$ /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$/15 users – Open chat for 120 seconds. You can post Max 3 questions. Mun Finance Team will select 15 questions and answer them.
Part 3: 900$ – A quiz about Mun Finance
For more details:
Mun Finance – @munfinance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
In how many ways does your project generate income? What is the revenue model? How can it be of benefit to investors and the project itself?
many investor want trust project and invest for long-term, How about the Mimo project so that investors are interested in investing $ Mun Finance?
nice
I don’t know much about DeFi. If I don’t plan on borrowing or anything like that, would it still be advantageous to save money in $Mun Finance?
What was the main aim behind the launch of this project and how do you plan to move it forward?
With due respect, how much do you have in store for funding of this project and how much do you think you can gather from private investors?
question:
The Mun Finance website is highly informative but I noticed that your Twitter page has only a few followers, What are the plans that will include getting more followers into the MUN Project?
question:
The MUN Finance ILO target of 1000 ETH will be valued 1.4 Million at present price, Are you anticipating reaching this goal amount, or You have other plans like a SOftCap?
The first posts on Discord appeared on January 7, 2021, on Twitter on February 2, and on Telegram on February 1.
Why is your community so small, you don’t use any means of attracting users to your project?
I drew attention to the collection of your NFTs that are offered for minting on your website: playing cards, chess, chips, pins and bowling balls, billiard balls …. Is this your only collection? Why exactly the attributes of the gambling business?
Given that in MUN there is a 1% fee that applies to locked-in liquidity providers, there is a buying pressure to reward LPs over time. What is the robust APY that will be given to LPs? Will this APY be based on the price of the token? How will this help create a highly liquid pool for traders?
Many platforms that have included non-fungible tokens within their protocols have them as ornaments, without providing any real use or value to these tokens. What role will NFTs play within MUN? Will they be interchangeable within the platform? What benefits will these tokens provide to their holders?
To provide a platform for people to farm MUN-infused NFTs, the primary MUN token must be fairly distributed with an Initial Liquidity Offering. What is the distribution scheme you have created for your tokens? What is the liquidity offering you will provide to your users so that there will always be LPs interested in participating within MUN and in the process obtain infinite liquidity?
Why is the NFT minting procedure so complicated:
Stake MUN tokens to generate MUS. Then mint limited edition NFT cards by spending MUS + MUN tokens?
And why do you offer OpenSea to sell user-minted NFTs?
Reviewing the MUN website, I noticed that your tokenomics is quite summarized. How much of your funds do you expect to dedicate to the research and improvement of your platform? what percentage do you expect to allocate to such an important aspect as marketing? will the founders of the project have a percentage?
As NFTs are very similar to collectible cards, their appearance is often important. Does MUN have an art team in charge of the overall design and look of your NFTs, or is that a task that is also performed by your own platform developers?
Is MUN a project that was born with aspirations of being a global project, or on the contrary, are you focused on the development and adoption you could have in a specific market and region? What are your goals regarding the expansion of your initiative?
Your website has little information about project details and I can’t find your Medium page, whitepaper or roadmap. I really want to know more information about your project and how you intend to operate. What stage is MUN finance project currently at? When will your users have access to full details of your project? What events have you plan for the first two quarters of this year and how can interested investors be part of the MUN finance community?
I see that Mun Finance try to combine NFT with Fungible Token together into one, but what is the main goal of that infused NFT except for collection and sell it on opensea ? for example i combine my MUS token and MUN token to create NFT with token Mun inside, can i split it again later and take only the NFT?
From one of Discord message, you said investors should not invest money they can’t afford to loose as you can’t make guarantee for funds losts, bugs in your smart contracts or any code written by you. I know that projects may be unable to guarantee 100% security, but some take extra effort to reduce security leakage from their protocol through external audits, insurance, bug bounty and other deliberate effort. How secure is your protocol and what actions are you taking to ensure that the risks investors may be exposed to for using your protocol is reduced so that even if investors are unable to sleep with two eyes closed, they should at least able to sleep with one of it closed?
Your project intend to focus on Valuable NFTs cards which will be pegged to MUN token. Will MUN token only be a currency token or it will have other utility that can help improve it’s value which will also make your NFTs more valuable? Also, Since value and valuations of NFTs has a direct relationship with their usability, how do you intend to make your NFTs inherently valuable within your protocol and in what areas will they be used? Are user also able to create personalised NFTs cards and tokenise them, and will you be having your own NFT marketplace?
i read your website that you have token sale with 1000 ETH Hard Cap with total of 50000 Mun Token, but what happen if the token sale can’t reach Hard Cap ? what will be happen to Unsold Mun Token ? will you share it as a bounty to your loyal community or will you burn it ?
I can’t found any info about your team and how big is your team in your website, twitter, even in your github. Are Mun Finance public or anon team ? i know nowaday there are so much project that move with anon team but don’t you afraid if anonymous team will make people hesitant to invest?
Munfinance is really new, and with a really small community. What are you going to do to make users choose you over the other similar projects that have more time on the market, and make them trust you in order to build a really big and strong community?
I couldn’t find your roadmap anywhere, why? Can you please tell us, where can we read it? And briefly tell us about your trajectory, everything up to this point and what should we expect from now on from Munfinance?
Could you explain more the mechanism of Munfinace? On your web you talked about NFT card tokens with MUN tokens inside, where do I get this cards and how? How many of them can I have? How can I destroy them? Will all the cards be the same or will they be separated into classifications?
Hello sir
✅ Increasing Token price
✅ make Token Valuable
✅ Building Community Trust
From 3 aspects above,. I want to ask,. Which one the most important for you?
If all above are important for you,. Which one that Will you do first?
How will your project generate profits / income to sustain your project and what is the revenue model? How will it benefit your investors and your project?
Your project development is really commendable. Let me know how can you survive this longest market and keep building and growing as many projects are dead and scrapped during this time period?
With the economic crisis and outbreak due to Covid-19, What difficulties does your project have? What has been done to maintain growth, strengthen investor confidence, and community support?
Could you give me 2 or 3 key points to convince me and other angel investors invest in your project in long-term?
Where does the project name come from? What does it mean for you and why did you choose that name for 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?
Each project has interesting stories before it is created. So can you tell people about the story that gave you the motivation to build and develop a great project like yours?
Who is your investor? How do you generate revenue to sustain the project? What are your goals to the end of 2021 and beyond?
1% fee on every token transfer that goes to locked liquidity providers. Does this fee apply to all liquidity currency? Considering the value of MUN against ETH; What benefits does participants and prospective investor stand to gain before the token sale? What other advantage does MUN have over other token for the community?
MUN project sounds friendly and attractive to participants but lacks limited information on its platform. Should will be expecting a white paper giving detailed information about MUN? Nothing is said of security and information privacy. What available security plan does MUN have in case is cyber theft?
I think MUN Finance has a very ambicious ILO hardcap of 1000 ETH with a price of 1 ETH = 50 $MUN, is there a minimum and maximum buy established for the community? What will be your strategies to reach this 1000 ETH hardcap goal?
Transparency is taken in importantly consideration when you’re a new project. I don’t see any information about the team, it’s mission, vision, purposes, all that information you should have already in your website or whitepaper. Where is all that information?
According to your website,everyone is free to participate in the ILO.The ILO or Initial Liquidity Offering will run for 3 days ending sooner if the goal is reached and the purpose is to distribute tokens and create a super liquid marketcap. My question is , if everyone is free to participate in your ILO, how much is the minimum and maximum amount to buy in ILO? What if the goal is not reach with in 3 days, do you wish to extend the ILO? Can you explain your purpose which is the Super Liquid marketcap? Well, as an investor how will we trust our money in participating in your ILO? What assurance you can promise to your investor that they can get a higher or fair ROI upon joining your ILO? Is your smart contract already been checked and audited? After ILO, which exchanges can we expect $MUN to be listed? Thank you
I understand that Mun Finance intends for users to cultivate NFT infused with MUN, but really why should users cultivate NFT and with MUN instead of investing in other NFTs or other projects?
Do you really think that the OIT can complete its sale in just 3 days, to obtain 1000 ETH? For this you will require a large advertising campaign, but do you already have it prepared?
Many projects say they have a fair way of distribution, but they really do not use Initial Liquidity Offer, does the MUN use this system only provide greater “equality and justice” in the distribution? or will it have greater benefits?
If when betting MUN tokens, you get MUS, and if 1 MUS equals 1 MUN, why not just bet MUN and get that same tokens in bets? Are both tokens plus the NFTs really necessary?
You mention that by destroying the cards you can get MUN tokens, but is really destroying them the best thing to do? also how would that process of burning them? Will gas MUN tokens be required?
what functionality do MUN cards really have? how many are currently available? And also, how attractive are they for users to become long-term holders of them? will be
You mention that in addition to distributing the tokens fairly, you want to implement a super liquid marketcap, but could you really explain its characteristics and how it works in more detail?
Really how long will the assets be kept locked in the bets? only 12 months what is the most common?
Stake MUN tokens to generate MUS. Then mint limited edition NFT cards by spending MUS + MUN tokens. Does MUS is another kind of token in your platform? I only see the tokenomics of MUN token, can you share the tokenomics of MUS? What is the use and governance of MUS? Can we also sell MUS in the market? What is the difference between MUN and MUS? Thank you
There’s nothing much to see in your website like roadmap, services you offer, etc. So im wondering, what are some products and features you’d like us to see in your project? Also where are you focusing right now or maybe is there some products & services you are currently working on?
The two most fundamental aspects of any financial application specially projects in cryptospace will always be Privacy & Security. So what is the TRUSTWORTHY SOLUTIONS of MUN FINANCE regarding these important matter and may we know your security concerns?
In Getting Involved with MUN FINANCE, how we can help and support your platform? Do you perhaps have some program you can offer like AMBASSADOR Program, STAKING, FARMING, etc.? If so, how they works and give us details about it.
Really the rates within Mun Finances are 1%? All transactions regardless of the amount are 1%? Why does it apply only to blocked liquidity providers?
In the combination of consumables and non-consumables they mention a “buying pressure to reward LPs over time”. Do you mean that if I keep the Mun Finance tokens, I will get future benefits?
Do they really offer high liquidity for traders who hold Mun finance tokens? In a short time do you estimate that I will be able to obtain favorable benefits within your project?
How can I make a profit within Mun Finance? How do the in-game images on your marriage page work? What do the different cards mean?
Does Mun Finance have any relationship with ETHEREUM? What string does the “MUN” token use? And how will this be distributed fairly in an Initial Liquidity Offer (ILO)?
what are the advantage of Mun Finance in dapps technology, Will you fully support all blockchains with dapps?
What is the role of NFT in blockchain game items in MUN finance, if i have NFT from MUN finance how to sell on or NFT use to staking to get benefit?
Currently financial REVOLUTION is very much needed, how does Munfinance help financial REVOLUTION to real users? and how does Munfinance solve the problem of decentralized finance to help reduce real-world financial INFLATION figures?
How will you manage projects and tokens to gain a place in the market and become the best token in the blockchain world that investors will certainly like your token to benefit those investors?
in Dapp, there are available 9 MUN collections, can you explain the use when we MINT the card and what is the reward we get?
Currently it is difficult to determine the value of NFT tokens due to liquidity, does MUN have a plan that is more like a high APY when staking?
Currently, the most common problems are platform security and user security. Does MUN finance have the security to avoid attacks such as hackers and anonymous transactions?
has MUN Finance audited and does MUN Finance have a Governance Token?
Now many project bring DeFi to make NFT. Can you describe the value of NFT and it’s products MUN Finance in detail？
What is MUN Finance doing so that everyone knows about your product and project, will you spread it by forming an ambassador or through purchasing promotions at the ICO?
Ethereum gas cost is skyrocketing and $MUN is an Ethereum-based token. Have you considered other blockchains that offers cheap transaction fees? Why did your team still chose ETH for your project?
By staking $MUN tokens, the staker will get MUS which is needed to mint NFTs. Is this the only usecase of MUS or it have other purpose, like as a governance token?
MUN Finance will run an ILO or Initial Liquidity Offering, which is a fair system to sell tokens where 50% of the funds raised will be used as liquidity. How do an ILO actually works? Do the project team still have acccess on the 50% funds allotted for liquidity or it is automatically lock out of the teams grasp?
Normally it is not possible to slice NFT cards. Is it better to stake them or slice NFT into MUN tokens?
Mun finance use a very interesting concept that combines the Non-Fungible and Fungible tokens together, so can you explain how this mechanism works?
In a few days Mun finance will be conducting its ILO event, so how much Max or Min buy amounts or just pre-requirements this event will requires?
Mun finance claims to be one of the most simplest and effective NFT Yield farming protocol that exists, can you share us or explain your proves to support such confidence?
Mun finance website and twitter doesn’t have much information about its capacities, so I just find 2 main services : Staking and Yield farming, but apart of these services Mun finance will provide more services?
I see that NFTs can be destroyed with Mun system. We know some other project has melting or slicing the NFT kind of functions. How does your destroying function work? What is needed to destroy a NFT? Do we get any token back or is it just a terminating mission?
According to the NFT images from the site, they do not have any value in terms of graphics. So why didn’t you just create a pool in which I could put MUN+MUS or even one token in the stack and make a profit? What is the essence of creating NFT is a tribute to fashion?
The website explains that when you stake $MUN you’ll obtain $MUS as reward, but doesn’t explain more about the $MUS token , so can you explain us what is the objective or objectives of the $MUS token?
What is the difference between MUN COLLECTION? 9 cards is there a difference between them in profitability or only pictures?
When will MUN COLLECTION be launched on mainnet?
What are the benefits of joining Mun Finance?
Whats the ultimate goal of mun finance sir