We are pleased to announce our next AMA on February 5th 2021 at 11:00 AM UTC Time: Satoshi Club x Prasaga
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Prasaga Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Prasaga Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Prasaga
For more details:
Prasaga – @prasagaofficial
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Why do you think this project will succeed.
What is your vision?
What do you expect from the following year?
Does Prasaga achieve the trifecta of Security, Scalability and Decentralization in their new block chain technology? Please explain how it achieves this.
The DataGrid Blockchain and DGT token created by Prasaga finds a compromise between inflationary and deflationary token models such that their token DGT can be used as a currency that is stable and can be used for transactions , instead of encouraging holding on it as a store of value like one would hold BTC hoping for future increases in prices.
How successful or attractive is this going to be for long term investors/traders acquiring DGT in the hope of selling it for a higher price years later, given the token is inherently meant to hold a stabler price and to be used as a transactional currency?
How is the DataGrid Blockchain able to provide Bitcoin/Ethereum level security if it’s reinventing the wheel of sorts, doing away with smart contracts and using the new XBOM Smart Object Assets concept ?
How Defi value increase to 250%?what is the reason for that?
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?
Can you indicate a feature or feature that you like best about the platform so that it can compete with other competitors? What are you most confident about for your platform? Do you have plans to get users to choose your platform???
How do you intend to reach a a wide customers range both investors,crypto natives and enthusiast for global mass ADOPTION what are your marketing strategies even to none speaking english communities?
Many new projects develop well at first, but then fail to achieve good results. How will you manage and develop your project to gain a position in the market and become a good project in the blockchain industry?
Which market are you focusing on? How do you rate the Asia market? Do you have any plans to develop in the Asia market?
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?
Are you a global project or local project? Can anybody anywhere use Your project without any restrictions??
With more and more Defi projects appearing in the market, what advantages does your project have over other defi? What is the unique feature of your project? How do you build the trust in your project and make it popular?
One of the biggest challenges facing many platforms and exchanges today is how to take human-to-human commerce to new heights of speed, ease and security. What are the solutions Prasaga has proposed to improve current exchange systems? How have you improved and diminished the scalability problems and high transaction fees that many users suffer from today?
What are the problems that solve in protocols?How you can make easily entering to Defi market as simple for your users? What are the plans that you taken for it?
We need Blockchain to be easy, easy to use. How has Prasaga through its protocol adapted the use of blockchain and decentralized finance to make it understandable to everyone and thus achieve greater adoption by people around the world? What are the protocols they have created so that once and for all CeFi will be part of our past and everyone will welcome the powerful world of blockchain?
Prasaga has gathered a collaborative community of developers, miners and token holders across all social networks and platforms. What marketing strategies, reward schemes and interesting elements have you developed to attract and captivate this new community? What impact has this attraction of new users to Prasaga had?
How parasaga perform its role on blockchain
DGT is a native currency of DGB..What DGT stands for?can you tell us the major utilities and its use cases?What are the vital role of DGT in Prasaga’s Ecosystem?
Prasaga has a DataGrid Collaborative, which will have regional labs all over the world, and one of the communities you highlight is the Philippine one. What are Prasaga’s development plans specifically for the rest of the Asian region? In which other countries of this area can we find communities dedicated to your project?
DGT token is a mined token. It is not designed with a fixed total supply. .The intent of Prasaga platform is to sale up to 21B tokens for just 12mons..Dont you think your platform have a huge supply of token.and surely it will reduce the value of DGT..What will be the big impact into your community and to your platform?
Regarding governance, you comment that the Prasaga Foundation has created a system of recommendation bodies that will have expertise in money supply, incentives, economics and technology that will recommend to the community a change in the system. My question is: Who are the members of this system of recommendation bodies? What are the criteria used to include a person in these bodies, and to what extent could they directly influence the platform’s decision making?
What is Prasaga’s XBOM model and the usecase of it?Could you explain to us in detailed about the development process and stages of $Prasaga’s XBOM model? How does it work in Prasaga’s platform??
Reading about you I found a concept that caught my attention which is the internal communications between DBG chains, or also named by you as “leader to leader” communications. How exactly does this type of communication work, what are its characteristics and what are the problems it solves within the Prasaga platform?
Why did you choose to change Smart contract with eXtensible Blockchain Object Model (XBOM)?, because most of blockchain project out there still use Smart Contracts, is smart contracts have a weakness? What is the advantage from using XBOM ?
As i learn about your project, Prasaga is trying to control Defi market without using Ethereum blockchain, by using your own DataGrid Blockchain (DGB) , can you tell us what is your monetary policy? And where will we see Prasaga Project in next 2-3 years?
What are the use real case from DataGrid Blockchain (DGB) ? And what are the advantage for miners, corporate, developers or even by token holder of using this technology?
I saw that you can build a future that is powered by the DataGrid Blockchain , may I please know what is DataGrid Blockchain? What is the benefits of using it and what makes it different from any other blockchains ?
I saw on you website that Prasaga Launched First Blockchain Operating System , so can you please tell me what is the benefits of this System? I am still not getting the idea of its uses ..
Thanks
So you will allow blockchain to reach its full potential, improve identification and voting, financial services and solving hard challenges in supply chain and logistics and a lot more , but I still don’t know how will you do that , this is almost impossible to be done! So can you briefly tell me how will that be possible ?
Thanks
What is the XBOM all about and what problems is Prasaga trying to solve with XBOM?
When you first started the industry in 2018, you didn’t complete the ICO. Why was this decision taken and why do you think that decision is so important for you?
I read that your monetary policy is designed to create a stabilized currency and solves the gas price shocks. How do you think this will be achievable and what steps are already being taken to make it possible?
You claimed to be among a lot of other things, be able with your DataGrid Blockchain to provide the maximum possible increases in speed. How do you plan to do so? How will you be able to do it, and more efficiently that others? Also, one of the major problems these days with blockchain that promise this increase in speed is that they aren’t capable of process a big amount or at least the suficient amount of transactions correctly, will Prasaga be able to do it and not perish trying?
I realized that Prasaga’s twitter says that you are located in Las Vegas, Nevada ( U.S ), so don’t you have problems related to regulations or legal politics, considering that the U.S is very strict in cryptocurrencies terms?
Be a developer isn’t a easy thing, the complexity of that isn’t something that anyone can handle, but I have understood that Prasaga tries to solve that with it’s XBOM product, but how this operating system can be deployed and used by inexperienced hands?
Prasaga is a such good tough projects, but you don’t do mention about any particular association or partnership, so are you completely alone or have you “Friends” in this travel?
I just noticed that Prasaga can be used to so many types of applications at the same time, so can we consider Prasaga a General Purpose Blockchain?
On your commercial whitepaper you have this part of Funding Milestones, where you stated as one of your goals for the future and it says somewhere “Chained Sequential Trustworthiness Protocol”, could you explain it more? What is that and how are you going to do it?
I like Prasaga’s premise “Data is the new oil”, this project allows a secured and anonymized exchange of data between device owners and data consumers at what cost? Are the Prasaga techonologies and infrastructures expensive?
I read that “The governance model from Prasaga takes inspiration from modern democratic and monetary policy systems”. So, does this mean that the governance model will be centralized? Will the Prasaga users be able to participate in decision and governance of the project? If so, on what kind of decisions we will be able to vote?
Pragasa said so many times that the DGT token is not focused to be a investment product, so what are the objectives that Pragasa have to its native token?
can you explain me what is “horizontal” infrastructure? In other words the DataGrid Blockchain itself
The first use cases for DGB are Internet-of-Things applications and “Fintech” applications. Would you explain to me about these applications?
To be able to interact with Prasaga, the stakeholder should have an access to IoT smart devices. What are the examples of device that considered as IoT smart device? Do smartphones included on it?
I saw on Prasaga telegram the promo that All early $DGT token holders will receive 5 Amazing Gifts. May I ask how many tokens will be needed to recieve the gifts?
It looks like Prasaga project’s main market are bussinesses and institutions. For an ordinary people, how can we use Prasaga’s services on a daily basis?
Can you explain why you have two kinds of whitepaper in Prasaga which are the Technical whitepaper and Commercial whitepaper? What is the difference between the two whitepaper? Can you tell us what contents inside technical whitepaper? How about commercial whitepaper? Thank you
The crypto industry is a fast-growing industry, how flexible is Prasaga to change quickly and keep up with technological trends? What is your long-term vision for the DEFI space in which Prasaga operates?
I see that one of Prasaga missions is to make Binance’s off-chain services available on the blockchain, what strategy or technology do you use to make that mission a reality and is it now being realized?
How is Prasaga a trading platform? Is it worth our trust or not. And what is your long-term vision of the industry you’re working in?
Prasaga claims having the highest level of resistance against any attack, how confident are you about the security system of prasaga and what makes it the very best, is it infallible?
Prasaga is building the Smart Contracts 3.0, what are the advantages of the 3.0 versio compared with the prior versions? What problems crom old SM are solved and what features may be enhanced?
You explored all the major projects in the field and discovered none satisfied the DataGrid’s need for security and scalability while remaining decentralized. If prasaga solves this problem, how were you able to achieve it while no one else could?
How does the open standard driven message server powered by Prasaga work ro be able to help users be the real owners of their data?
What do you think is the biggest problem in current technology that Prasaga solves? And why is the problem important?
Is the Prasaga team planning to release a card for payments from the Prasaga platform? Do creators need KYC to get a share of ad revenue?
You mention that with DataGrid Blockchain the quality of life of everyone could be improved, not only today, but many years in the future, but really in which areas could “our quality of life” improve? And how will you not lose validity in the coming years?
do you really need XBOM to be able to operate efficiently with the DataGrid Blockchain? really why? since its creation have you always considered that DataGrid is dependent on XBOM?
You mention that you have met with the largest solution providers in the world and that they have all been inspired by “the profound ways in which DataGrid will accelerate blockchain technology”, does that mean that any project can be associated with Prasaga and be compatible?
In order to connect any project or company with Prasaga, will any equipment of a specific brand be required? or is it really flexible in the compatibility with Cex and Dex projects?
Blockchain project has a lot of potential. What are the differences and advantages of Prasaga compared to other project?Also Can you explain how is your Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team?
I understand that your team has developed large numbers of companies, and that they are constantly looking to innovate, but now that they have developed Prasaga, do you think that is the maximum they can innovate? or is there a long way to go in innovation?
The cryptospace offers several privacy coins but what are the main differences between them compared to PRASAGA’s Token? What I mean is what type of coin is the DataGrid Token and how is the DataGrid Token different from a Smart Contract Token? Also about Technical Issues, what is DataGrid Blockchain intended to address and resolve?
In case you are only interested in projects that generate long-term rewards as holders of your tokens, do you think that the Prasaga tokens would be a safe and reliable alternative in profit?
I’am lucky to be part of your first community here in the Philippines and been quite following you since then. Also I can see Prasaga’s Community grows rapidly each day, so we just want to know what else can we expect from your project? Also what is PRASAGA most eager to achieve and where does PRASAGA wants to be in the near Future?
About Getting Involved with PRASAGA, how we can help and support your platform? Do you have perhaps some program you can offer maybe like AMBASSADOR Program, the trend today such as STAKING, FARMING, etc.? If so, how to become a contributor in the DataGrid Collaborative Ecosystem?
According to the Founder of Prasaga that “Easy is good. But the blockchain is anything but easy. We need the blockchain to be easy. Easy to use. Easy to develop for. XBOM makes it easy to develop for and to use the blockchain.” So can you explain the purpose of XBOM ? What is the biggest innovation that XBOM brings to Prasaga network? Can you share some real-life use cases of XBOM?
I participated in a previous AMA with Prasaga and you told us that DataGrid came about because you saw that no other blockchain had everything you needed. Can you tell us exactly what deficits you saw in the current blockchain? Does DataGrid completely cover everything you were looking for?
Due to all the losses in 2020 due to hacks in different DeFi protocols it is already common to talk about DeFi insurance. Do you plan to develop in parallel an insurance for those who invest in DGT? Or do you think they don’t need it?
XBOM is a new operating system that works with blockchain, something not seen before, great! How different will it be to program and develop inside it? Do developers have to learn a new programming language or something like that?
You have a wonderful project, no one disputes that, but that does not guarantee the success of $DGT, so what mechanisms have you developed to avoid drastic and uncontrollable drops in the price of your token?
You comment that XBOM is positioned as a “decentralized GlobalOS”, does this imply that in the future it could replace Windows and MacOS, or instead of replacing it, do you plan to partner with them and complement them?
How is Your marketing plan? Is there a strategy to attract and attract non-crypto users? Can You give us details about your social media content?
Why Prasaga need two tokens? is there a difference between $ DGB to $ DGT? What are the uses of this two token in your platfom?
Prasaga’s Consensus. why do you choose the PoS and PoW mechanisms? Why does Prasaga use a hybrid consensus? How does this benefit the project?
About regenerative ecosystems. Why Prasaga uses this principles as a model to follow? why Prasaga needs to follow these parameters to be successful?
Actually “Everything is possible” within Prasaga? What does Prasaga offer to its investors and the people who use its token? How do you achieve new heights of speed, ease and safety?
On their website they say that for the past three years they have consulted with industry leading developers. Do you mean that those developers use DataGrid and have generated profits? How does DataGrid accelerate technology?
Does DataGrid really have the potential to “do everything possible”? How DataGrid can make the blockchain reach its full potential? How will Prasaga get the most out of the DataGrid?
Many different projects come to the AMA in Satoshi Club, but for the first time I see an item on the site: “Terms Of Use”. It is a kind of instruction for your site and why did you decide to add it to the site menu?
Finally, I saw a project that is developing a channel in Discord! it’s great! But what I noticed were the languages: chinese, spanish, hindi and bangla. Do you plan to further develop and add other national languages, because it is not always convenient to communicate through a translator?
The DataGrid Blockchain and DGT token created by Prasaga finds a compromise between inflationary and deflationary token models such that their token DGT can be used as a currency that is stable and can be used for transactions , instead of encouraging holding on it as a store of value like one would hold BTC hoping for future increases in prices.
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
One of the biggest challenges facing many platforms and exchanges today is how to take human-to-human commerce to new heights of speed, ease and security. What do you think about this?
I see that one of Prasaga missions is to make Binance’s off-chain services available on the blockchain, what strategy or technology do you use to make that mission a reality and is it now being realized?
I read that Prasaga Project already using new Smart Contract 3.0 ,what is the benefit
from using 3.0 Version if we comparing it with the version before 3.0 ? are there any
feature that improve from using this new Smart Contract 3.0 ?
Can you please explain more about
and eXtensible Smart Object Assets (XSOA) and eXtensible Blockchain Object Model (XBOM),
what are the different between XSOA and XBOM ? What is the function from them in Prasaga platform?
After learn from Prasaga project, i know that you use Hybrid Consensus for Prasaga.
are there any explanation why did Prasaga choose to use Hybrid Consensus (PoS) and (PoW) ?
How are the combination of Proof of Stake and Proof of Work can work well in Prasaga project?
Staking seem to be popular right now on many blockchain project to encourage investors to hold tokens and make it healthful for project ecosystem. Does $DGT support this as well? If yes, what will requirement of a Node and a Validator node be? And how does reward base on?
As a developer I am familiar with SOLIDITY, Java C, KSML, can I build dApps on PRASAGA and how easy and accessible is it? What programming language does Prasaga employ and what is the incentive and added advantage for me to build on PRASAGA?
Many crimes are committed in the world every day and people become victims. How does Your Project see the importance of crowdfunding and crowdsourcing, especially in solving incidents such as human rights abuses and mass fraud?
does prasaga have an airdrop program?
I want to say that the creator of windows will be very jealous if the operating system for the Blockchain becomes so popular. But are you pursuing the idea of creating an entire ecosystem around this operating system? Are you aiming for mass adoption like it was windows or is it exclusively for big business?
Do I understand correctly? XBOM is a derivative of the X-Browser Object Model? The blockchain browser on the Object Model can receive information from the blockchain and transmit it to the outside world and back? But how, because then the meaning of encryption is lost.
Judging by the sale offer, the minimum number is 80 Ether. That is, I am an ordinary worker can not participate in the event with 500 dollars? More of this it strongly KYC. Why so much border?