We are pleased to announce our next AMA on February 23rd 2021 at 02:00 PM UTC Time: Satoshi Club x Hoge Finance
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Hoge Finance Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Hoge Finance Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Hoge Finance
For more details:
Hoge Finance – @hogefinance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
HOGE is a deflationary currency. There will never be more HOGE in circulation than there is now. Every time a transaction takes place with HOGE, 1% of that transaction is removed or “burned” from the total supply. I think so increases the scarcity of every HOGE in circulation. Additionally, another 1% is distributed among every HOGE holder. What this means?
1. Landing Site
2. Gaming Lab
3. NFTs
4. BSC Bridge
5. Cex Listing
I want to know more information about this because there is no information on the site?
Visualize in an article that The HOGE on Binance Smart Chain will be a “wrapped HOGE” like other wrapped currencies (WBTC, WETH, etc.). Can I change all my ETH hoge to BSC hoge 1: 1 and vice versa?
Remarkably each time HOGE is put to use, the value of the remaining HOGE in circulation increases as supply decreases simultaneously (deflation). What is the direct result of this?
Knowing that HOGE’s individual net worth increases for everyone who owns a share of the network. What happens as transactions take place on the network exponentially?
How have they managed to promote HOGE as a cryptocurrency founded through memes? I understand that HOGE is the DOGE himself but Defi
I understand that limited supply ensures that the value of HOGE does not decrease as no new coins are minted. Is 1% of each transaction distributed to all HOGE holders as transactions occur?
Initially it was about memes and profits. Hoge was a meme token trying to play off the recent success of Dogecoin and are they still working under the success of Dogecoin?
People who have BSC HOGE will only get 1% of transactions in BSC, and people who own ERC-20 HOGE will get 1% of ERC-20 HOGE transactions. So is there a redistribution, if so, how much% is it?
I understand that the maximum supply is: 1,000,000,000,000 HOGE and they currently have almost $ 12K in the community’s wallet, how will the remaining distribution process of the HOGE token be?
What incentives do you provide to the community that promotes the use of HOGE?
What happens?
Every time a transaction is made with HOGE ?
How 1% of each transaction is distributed ?
HOGE is a meme-driven cryptocurrency ?
Regarding the deflationary power of $HOGE, I read that every time $HOGE is used, the value of the remaining $HOGE tokens in circulation increases, as the supply simultaneously decreases, so how is this going to contribute to your project reaching global adoption, and is this your priority or are you just focused on giving value to your token?
Regarding partnerships, this is always an important point for any project to acquire not only reputation, but also community support, so when I read your website, I noticed that one of your priorities is to help and raise funds for projects, how can this contribute to your project getting stronger, together with the projects you are going to support, and how do you think these partnerships will contribute to you maintaining your autonomy and independence?
Reviewing the HOGE tokenomics, I noticed that in your distribution you decided not to have team tokens, which is uncommon in most projects nowadays. why did you decide not to self-assign any amount of tokens to your project? don’t you think that doing so would be a good way to reward your work for the success of HOGE?
Do the games created through the HOGE Game Lab have the potential to become their own platforms and dynamic ecosystems separate from your own platform? To what extent can such games become operationally and financially “independent” from you?
I read on your website that you recently have a Reddit community, 4chan, a Blockfolio list coming up, CMC, a Coinbase page, other than those, do you have any other strategies to attract a community interested in your project? If so, what kind of communities are you looking to reach? Are there any requirements to choose the community that will be integrated to your project? or is it totally free?
Browsing your website I could see that HOGE even has a T-shirt venture that you sell through Amazon. Do you plan to offer your community other clothing or other HOGE related items on Amazon as your project develops? Who is in charge of the design of these types of items related to your project?
Some whales with large Hoge can dump or pump prices easily. How do you handle this? Do you think we need to control the volatile price, or just let market will decide?
The name of HOGE is very similar to DOGE, and you also use the dog icon which is identical to the DOGE icon. Does HOGE Finance have anything to do with Doge or is it just a marketing strategy?
The Hoge logo is a fashionable dog. Does it have any special meaning or story behind it? Why should users choose a cryptocurrency whose symbol is shaped like a dog? Do you think this inspires confidence in your users?
What makes this token so special against other meme Tokens?
Will the liquidity be locked again or what is the plan After that?
Why shouldn’t i hold it? Give me reason why its not a usual swingtradecoin?
I saw that one of the things you offer is a Gaming Part within your platform, what plans do you have for it? I saw that you currently have two games, do you have plans on adding more? Will we be able to participate in this creating process, how will it be possible? Speaking of the games you already have, what happen with them? I tried to play them but they never end their loading phase, when are they going to be fully release?
I saw that your slogan is “Its DOGE but DEFI”, could you tell us why did you decide to compare HOGE with them? Did the idea of this project came after the viral “success” DOGE had? What plans do you have to get to DOGE level in terms of recognition, and what can you tell us HOGE offers that DOGE does not?
While browsing your site, I noticed that you often draw parallels between HOGE and DOGE, and even their names are very similar. What is the main and useful feature of HOGE for all its holders? And is there still a connection between DOGE and HOGE?
On your page, you have this Audit option but when you click it, nothing happens, so what can you tell us about it? have HOGE already been audit by a 3rd party? Which company did you use to make this audit and when are we going to see the results of this?
$HOGE Total supply is 1000B. Even for a deflationary token don’t you think this is too much? Why the need to have this number of supply cause even $DOGE right now only has 128B+ circulating supply. How will you convince investors to buy and hodl $HOGE and what are the countermeasures to prevent it to become a pump and dump kind of token?
Hoge has achieved full integration with Blockfolio. What impact has this integration had for users and developers of the platform? We know that Blockfolio allows to keep track of all cryptocurrency investments, since it offers detailed information on both individual coins and the pairs that the user works with, how will this important feature help Hoge grow and improve the investments that users make through the platform?
HOGE is a deflationary coin. There will never be more HOGE in circulation than now. What impact will this have on the value and stability of the platform’s native token? I read that besides the fact that the total supply will not grow, a percentage of the tokens will also be burned on each transaction made, how do you think this will contribute to the improvement of the services offered by HOGE?
HOGE managed only a few days after the token creation, to have a community on Reddit, 4chan, listing on coinbase, among other things. What will be the momentum you will take with so many achievements in such a short time to continue growing with the same pace and exponentially? What are the goals that HOGE has in mind for this year and all those to come? How will they become an important and prominent part of the revolutionary world of the blockchain?
Is your deflation model likely to create long-term supply problems? Or is HOGE simply not intended as a long-term investment project?
Since the growth of HOGE is based on the growth of the community and the number of transactions, how are you conducting your outreach or marketing campaign around HOGE in order to grow the community?
I believe that any emerging project should aim to solve some existing problem in the market. What is that objective, problem to be solved, or goal to be achieved at HOGE?
There is a growing wave of projects that later become stakes, scams and so on, and your project has no published external audit results or whitepaper. What would you say to the community in order to convince them of being a serious investment opportunity?
They comment on their website that the supply of HOGE is limited, and that with each operation it decreases by 2%. On the other hand, in community games it is possible to earn HOGE from time to time, so is this supply already defined as a maximum, or is it possible to generate more HOGE than the current one simply by playing?
There is currently no technical document available to investigate more about you, nor a detailed Roadmap or any blog. Do you have plans to publish any in the near future?
HOGE as a deflationary currency distributes an 1% among every HOGE holder with every swap, it means that every single transactions counts for your token holders, is this the only incentivation for the most loyal users in your platform? What other facts can attract the users to buy and HOLD this token?
What similarities does $HOGE have with the legendary meme coin $DOGE? Many people discuss about the basement of this kind of currencies and gets to the conclusion that it’s only supported by community, how are you planning to create a big army that support this token?
I found it interesting what you said on your website, “It’s DOGE but DeFi”, why did you decide to call the project that way referring to Doge?
Given that your project is starting, what do you plan to do to give more security and transparency to your project and attract more investors and users?
Does your project have smart contracts? What does it consist on? If not, do you plan to implement them?
One of the reasons Dogecoin has not even come close to the levels of Bitcoin and Ethereum is its large token supply, approximately 128.48B, far more than the 18M of BTC and 114M of ETH. All of this unfortunately causes a large supply of token in the market and the results we are seeing. I find it strange then that despite this real life example you have decided to follow in their footsteps with 1000B of token supply, and yet with all this you claim that it is advisable to hold $HOGE.Can you explain us the reason for all this? Are you totally confident by the fact that $HOGE is a deflationary token? Is this enough? How long will it take to go from Billions to Millions? Or rather than raising the price of the token your focus is on creating a useful currency for gaming and NFT in DeFi only?
You guys comment that $HOGE is not only a deflationary currency but also another 1% is distributed between each HOGE holder…. Sounds pretty attractive really, but is this totally viable over time?
Tell us a bit about what this Gaming Lab is all about, is it intended for developers to create their own games, or is it intended exclusively for the creation of games for the Hoge Finance ecosystem?
Doge coin started like a meme and then thanks to the massive support of the people become one of the best transactions coin of all time, so can you explain what incentives so you have to do the same as Doge but in DEFI?
⚛ Currently the $HOGE coin is a Ethereum based token and also will have a BSC integration, but HOGE will have its own Native network like doge coin?
The confidence of the investors can be obtained through the names or storyline of the founders of a project, so who are the founders of masterminds behind HOGE ?
How is Hofe finance doing with the security issue? I tried to access a “PROOFS & AUDIT” link you have on your website but it redirects me to the same home page. So I’m wondering have the smart contracts been audited yet? Or are you still not progressing to this point?
Among the features Hoge offers is its Gaming Lab. Many of the projects that have games offer some method to incentivize users to play, such as bonuses for playing time or tokens for each time they win, but Hoge does not mention anything similar. For what reason was decided to offer games through Hoge? Being community-created games, what benefit do the users who make a game get?
One of the features of HOGE Finance is the Gaming Lab, where community can create games. Can you tell us how many games have been created until now and if they are already active? Also, can we expect more games to be released soon?
There isn’t much information about HOGE Finance on the website, so I would like to know about the development of the project. Can you share with us the most important goals you plan to accomplish this year?
The first thing we see when accessing the HOGE website is the sentence “It’s DOGE but DeFi”. Can you explain exactly what that means? Does it mean that HOGE Finance is based on DOGE or aims to be a DeFi version of DOGE?
There’s a feature on your website about a Gaming Lab and games created by your community, can you tell us more details about it? What is the purpose of this games and what is the active role of your community?
What facts do you have to create a reputation among DeFi experts that may think this is only a “pump & dump scam”? How do you certify that this project has strong plans to stay and get this token to be a very valuable prize in DeFi?
Although Hoge has plans to launch a bridge to BSC, when is this bridge expected to be announced? The tokens in the ETH network will be able to change 1:1 with the new tokens in BSC? Also, why was it not decided to launch Hoge token on BSC from the beginning?
Besides Uniswap, where can I buy Hoge tokens right now? It is mentioned that Hoge will be listed on Cex, can you mention any of them?
You chose the form of project management DAO. I really liked the first community vote)) which determined the further course of development)) But do all members have the right to vote? How many billion Hoges should I have for my vote to be valid?
Besides the 1% of HOGE that is burned with each transaction, another 1% is shared among holders, according to this design, will it ever happen that the supply will be reducted enough, to not being able to cover the sharing? Is the % of HOGE distributed, or anything about the transaction fee modifiable by community governance?
Lately this topic of Dogecoin Elon musk and his large community has been making the rounds on social media and has had a direct impact on the world of cryptocurrencies, his HOGE project claims that it is “driven by memes just like Doge but with the advantages of decentralization”, somehow they plan to follow the example of Dogecoin? I think that a currency that is literally driven by memes, jokes from its community and varies so much over time is not considered a serious currency, what do you think about this is what you want for HOGE ?
Each time a transaction is performed, 1% of the amount of HOGE is burned. How does this affect the fee of that transaction is using HOGE expensive? How do you make sustainable and attractive for us to buy and sell HOGE?
The deflationary tokens with burning mechanisms have been used by several platforms before, and not all the time the outcome is real deflation and regular increasing of the price. That would be an important point to consider, because investors aren’t convinced anymore just by reading that a token has a deflationary mechanism. Considering this, what in the design of HOGE, its deflationary system centered in a burning program, is it innovative and guarantees the long term maintenance of the deflation?
I quote a text on your website that said, “HOGE is like a complete ecosystem with a big community behind it”. Are you talking about the DOGE community here? Are you working with the DOGE team or their community that you can actually claimed that they will support and backed your project?
You compare your HOGE Token directly to Doge ,Elon musk once said that Dogecoin would never prosper if the big Holders did not sell their Dogecoins and that the development team has the majority ownership, which the HOGE Team mentioned they would not do “without team tokens” do you think this makes a difference and is one of the reasons why HOGE thrives ?
What is the new development of WhiteBit Exchange listing that HOGE are trying to push through? Are you gathering enough support via the donation drive that was pinned on your telegram group to secure funds for the said listing?
Sounds like a stupid question but as a Dao or project driven by your community in what ways does HOGE relate to this ? And how has it been so popular lately?
Since Hoge is not listed in any CEX, how can we guarantee that the Hoge we buy on Uniswap is the original and not a fake? And how soon before Hoge is listed on some major CEX?
Hoge is Doge with DeFi, does it mean your a sort of fork of Doge coin?
If really for each transaction 1% of the HOGE tokens are burned, then do you recommend that the holders make constant movements with their tokens in order to increase demand and increase their capital quickly? or would it not be good?
You mention on your website that HOGE “is DOGE but DeFi”, but is it really part of the same chain as DOGE only with decentralized features? or is it another completely different project?
You say “We think HOGE could have a lot of potential”, but really why? If there are already many projects with elastic locks that additionally have an even higher% of token burning and have not been successful, how can HOGE be able to achieve it?
Really Huge Finance is the first project that I see that they will not distribute team tokens, does that have any reason? How will the developers benefit from the projects they have created?
On your website at the bottom of the page, various cryptocurrencies are shown in addition to paypal, could you explain the reason for this? Could it be that with these means of payment you can buy HOGE? or will they be needed for game labs?
If you really mention that HOGE is totally DeFi, then why would you list your tokens on Cex exchanges? Can this elastic supply be met with% burn in Cex?
You mention that Hoge finance will have Puente BSC, but how will it work? It will only be a bridge for that chain or will it be able to connect them with others? Could you really give us more details on this functionality and when will it be available?
You mention that you will develop NFT, but will that depend directly on the games that are developed on your platform? or will all games really have the obligation to develop characteristic NFT?
What are the ways that users in “HOGE Gaming Lab” have to generate passive income? Can you really get 1 HOGE per “CLICK”? or generate 1 to 5 HOGE per second? How can I do this ?
Really what will be the total value per transaction in HOGE? Will 1% (burned) + 1% (distributed) = 2%? Why do they mention that users must use at least 2.5% slippage when trading?
You say that HOGE is a deflationary currency, and that when you make a transaction, 1% of that transaction is removed or “burned” from the total supply of HOGE. So if 1% of HOGE tokens are burned, in the near future they will be too scarce. Would this be an incentive to attract new sharks or whales to HOGE? And since the project is really new, would the sale of HOGE Tokens be very effective?
There are community-created games on the site, are they just for fun or can we earn a Hoge token with them? And what other ways to get a token other than Uniswap?
What are you doing in order to become popular like Doge? You have a very difficult task. Commissions on the Ethereum network are something that more likely turns people away. You must have a genius marketer for the token to be noticed and accepted
As a deflationary farming meme powered currency,how can we assure that HOGE is a good project to invest with? Being a deflationary token, how will $HOGE outshine other tokens especially Doge? Thank you
I’ve read that your Roadmap is still on update ang coming very very soon. So can we know in advance what products and services Hoge Finance is currently working on? Also we want to know what’s your upcoming plans in your Q1 and Q2 within this year that are worth waiting for?
Some people saying you’re copying DOGE. Is this true? If not, can you defend and share with us how unique and different HOGE FINANCE is from DOGE? Also how can you motivate people that you are better than other projects out there like telling us what’s your competitive advantages?
The name HOGE has quite similarities or sounds like with DOGE. May we know why did you chose HOGE as your Project’s name and what’s the story behind to come up with this name? Also what’s your inspiration in developing HOGE Finance and what’s so special about it?
Are T-shirts with your logo already available on Amazon, or is this just a plan? There are projects where, when buying a product on their platform, a registered buyer earns tokens. There is also a referral program. Can I make money buying or recommending your T-shirts?
And also I wonder: what currency can I buy a HOGE ARMY T-shirt for?
With this bear market that cause
many traders to be rekt and broke,what do you think is the destiny of $HOGE as it enters in the market? Since it is new,how can you assure to investors that $HOGE is a great venue to recover losses from rekt in the bearish market? Thank you
Yesterday I check ETH gas fee its reach 600-1000 gwei / transaction. May I know why HOGE list token using erc20 in uniswap? No one want to spent 100$-200$ just for gas fee. How HOGE project solve this problem, why not list on BSC, BEP20 or other blockchain ?
I read in your telegram that HOGE now doing donation for listing in Whitebit exchanger, may I ask is there any benefit that donator will get? ( if there isn’t, thats ok). Btw why you not collect fund with selling $HOGE token and looking for investor by private sale ?
6 days ago, the following announcement was posted on your Discord channel in the Moderators chat: “Donate to hogefoundation.eth to help us pay for WhiteBit listing. Once we have 15K, we’ll be able to pay to WhiteBit, to list us and to promote us on their Twitter. If we collect over 15k, any leftovers will be spent on HOGE promotions or getting listed in more places “.
So, did you manage to raise the required amount for listing and why did you choose WhiteBit?
Where does the project receive funding? Did you conduct a presale, or are you developing the project for your own money?
1000B Max supply
Cir supply : 505.05B
Why Hoge Finance decide to have this huge supply of token?
Didn’t you think it would affect the project,, the value and the price of your token? In what way can you make your token a very valuable one to its users and in the crypto market despite with its enormous supply?
I have read in some social media article that they are evaluating the Hoge Finance project..If it is a scam or a legit one..If it will be a rug after a few days or weeks..So what is your opinion about this issue?How can you make them believe that HogeFiinance is a legit project?
Hoge Finance is a very interesting Defi project.
The higher ethereum fees per transaction in this period
Q: Will you ease the transaction burden of HOGE Finance users because of the higher price of ETH gas by listing $ HOGE on the Centralized Exchange?
What will I get if I join the HOGE FINANCE platform & what features or products do you provide to users or investors?
I found something strange with HOGE Token, its list on 2 DEX uniswap and pancakeswap which one uniswap based on ETH and pancakeswap based on BSC, can you give explanation about this?
You do not have any team tokens.what is the reason for that?
Hoge Finance is not supported by coin base.what are the supported platforms for Hoge finance price?
What is the reason to select whitebit to get listed?
In addition to the 1% of HOGE that is burned with each transaction in the ecosystem, another 1% is distributed among the holders, according to this design, will it ever happen that the supply is enough, so as not to be able to cover the distribution? and Is the % HOGE distributed with each transaction made, or something about the transaction fee modifiable by the community government?
Deflationary tokens with burning mechanisms have been used by various platforms before, and not all the time the result is real deflation. Considering this, what in the design of the deflationary system and the HOGE burn program guarantees the long-term maintenance of deflation? How do you make it sustainable and attractive for us to buy and sell at HOGE?
In addition to the 1% of HOGE that is burned with each transaction in the ecosystem, another 1% is distributed among the holders, according to this design, will it ever happen that the supply is enough, so as not to be able to cover the distribution? and Is the % HOGE distributed with each transaction made, or something about the transaction fee modifiable by the community government?