We are pleased to announce our next AMA on February 28th 2021 at 02:00 PM UTC Time: Satoshi Club x Polkacity
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Polkacity Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Polkacity Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Polkacity
For more details:
Polkacity – @Polkacity
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Are you planning on AR NFT that you can interact with it? Like if you touch it, it’ll move. Something like that. Is this gonna be a game? Players gonna have to work for some bucks, something like that.
And then
Would you probably launch new token related to POLC?
In your website it says, ‘Your strategy decides your potential in Polka City’.
Each asset the we choose will have it’s own earnings and in game bonuses making Polka City assets reassemble those of a real city – – The more people are in a city, the more profits a hotel can make. Is it possible to build our own city by bringing acquaintances and ask them to own Virtual Investments too?
Days ago you introduced your brand new innovating augmented reality proposal for the upcoming 3D Polkacity where somehow I can watch my NFTs while in my room, can you tell me what the benefits and usefulness of having a new, relaxing way to oversee NFTs are, and also, is Polkacity holding a launch date right now?
By launching your NFT platform Polkacity has become a living user-friendly city for the public, this now allows for digital virtual assets like transportation, places and even food, what are the steps I must follow in order to own several assets like taxi, hot dogs and hotels, are there any instructions set so as to comply with the ownership of the aforementioned items?
Recently, Polkacity decided to lock an additional amount of POLC from the platform reserves and the Exchange Liquidity wallet through a third party platform to enable itself to decrease the circulation supply, how frequently does the circulation supply need to be controlled by moving POLC through other platforms, all of this in order to decrease it?
PolkaCity chose to launch the game on the ethereum network, but we know that the current transaction fees are expensive. Why don’t you choose another network like polkadot or BSC to start with, considering you’ll also be supporting cross-chain?
I don’t see you having any airdrop program, which NFT platforms usually do to attract the community. Do you have your own opinion on how to build a strong community? How did you involve them in developing PolkaCity?
How did you get the possibility of adding taxis, power stations and those services to your investment platform and monetize it virtually, in the PolkaCity community, what other project would you think deserves it on your platform?
Assuming that I live in the PolkaCity community, I buy virtual assets, either starting with Taxis, as well as in reality when buying assets, would I have favorable collateral rights and could create a return for better commissions for both PolkaCity and myself? ..
What kind of tokens would you implement on your platform, how is your vision, and if hypothetically our city Polka bought your assets and we establish an insurance with totality to the point of being virtually stable there, there would be the possibility that after a time obtaining your services you Prioritize those stable and provide start investing in beta or approval assets?
According to your Medium article that you empower investors to earn decent returns on their investments simply by owning energy stations and virtual taxis.Can you explain more about how to invest in virtual investment in Polka City? Is this investment scheme available worldwide? There are many investment scheme that promise a good return at first but suddenly the business gets broke and disappear, so as an investor how can you assure that investing in Polka City is a good to be true investment and can really get a decent and a fair or higher return? Is there any business agreement between the Polka City and the investors as proof of investing? Since it is a virtual investment, how can we trust your words? Thank you
The total supply of $POLC is 250m and 200m $POLC is allocated in your platform in which 50m $POLC will be release in the beginning with 150m locked and 25m will be released every 3 months. So, can you tell us the specific allocation of 200m in your platform? I don’t understand why 150m is still need to be locked and not released one time? What if all locked 150m $POLC token will be released, what will happen to allocation? Thank you
It’s mentioned in your whitepaper that this project aims to introduce protection and perpetual value for virtual asset’s owners trough NFTs, regardless the NFTs market is becoming very popular not everyone gives the step of investing it’s money for lack of authenticity of some non-fungible assets, how do you encourage this people to trust and believe this is the new golden card in DeFi and specially with the POLKA CITY features?
What are the most important aspects behind the licences trough the adoption of NFTs? Do you have legal experticians on your team and how do you deal with the countries regulations?
what does the NFT platform do to attract the community? Do you have your own opinion on how to build a solid community? How can you involve them in developing PolkaCity?
On your platform you say the following: “In an effort to prevent bot trading, the token can only be transferred once per block. This can cause failed transactions if token use becomes popular.” How to solve it in case of failure?
What are the specific uses of the POLC token? What POLC can offer us scalability? And above all, what does it represent in the game?
Polka City has trained experts on the subject who have the facility to represent the world of blockchains and smart contracts in a game?
DEFI as well as NFT are two hot topics recently, how does Polkacity plan to integrate and thrive on those two topics? How does it work perfectly?
The biggest problem of use NFTs is that major that NFTs are just collectibles and don’t have a real use cases at all, so can you explain what is the usage of the your NFTs?
In you website says that is gonna be launched a Marketplace, so can you tell us what will be the products that you’ll sell there?
Considering that polkadot aims to be a Platform with a big adoption thanks you its Marketplace and Virtual world, do you have considered create and application to android or iOS?
here it is worth sending a question because they always select the same people @madamlobster for example
@JesusFre1tes as they have an affair, win even with nonsense questions give other people a chance eh he never even wins on Live questions and users who are good at live don’t select them here?
Kindly, please, don’t hide your face and write me in tg pms. If it’s possible with your questions which were not choosen. And please, be friendly here.
Energy station is a curious asset to hold, what are the variations in the price defined by? We can find some particular virtual assets in Poliacity, how do you make them a trustable investment option for users to buy?
Do you have plans of adding new assets to the ecosystem of Polkacity anytime soon? For example metals like gold and silver are very popular, would we invest in them using Polkacity?
How many virtual assets are currently avaliable in Polkacity for investors to purchase? Is the potential income the same to any asset bought, or you have special featured for certain assets?
In Polkacity Taxis are virtual assets, but how is the value of a Taxi calculated? Is it standarized somewhere like the other virtual assets offered? And if it is, what influeciates the changes in that price?
NFTs are the star of the Polka City platform, but can you give us more details about the Polka City Token? I know it’s used to buy goods and services, but what other uses cases does it have? Will this token be multi-chain compatible since currently it’s an ERC20 token?
There is a section on the Polka City website about earning profits from referrals. Can you explain how is going to be structured the referral program? How can we invite users to the platform? Through a link or code? And will there be a limit of referrals per user?
On your roadmap we can see “External NFT Collections integration” as a goal for Q4 2021. Can you explain more about that? Where will those external NFTs come from? Will those collections keep the city theme of Polka City?
Polka City is a totally different investment platform with a very interesting approach, allowing you to buy virtual assets as if it were a game. However, it strikes me that such an ambitious project and with so many goals on its roadmap, has been made by the “genesis team” of only 4-5 people and after the project is completed it will belong to the investors. Why was it decided this way? What will happen next to the “genesis team”?
In the initial stages of Polkacity it will be an ERC-20 contract based platform, but you aim to create a multichain solution to leverage the integration of Ethereum / Polkadot, initially, how will be the fees managed with the Ethereum protocol and is there a date already for this improvement to a cross-chain trade?
There’s an inventory for each item like 1000 compact taxis, 50 stations, 50 shops, etc, what happens once this inventories are sold? Will be more in the future and will be a percent of passive earnings in the long term, like a year?
During the development of Polkacity is it planned to implement any method that prevents users from acquiring too much assets and can “take over” the city or is monopolization totally allowed in this project?
It is known that all assets have a depreciation rate with which the value of the asset constantly decreases in value. Considering this, does depreciation influence Polkacity’s assets? Taxi owners, for example, will their amount of earnings decrease over time?
All Polkacity assets have a limited amount of inventory. In case there are no plans to add more items to the inventories, will the users be able to negotiate between themselves the purchase/sale of the assets of the city?
Buying assets to make a profit without doing anything is quite an attractive idea for almost everyone. However, how are the asset gains produced in Polkacity?
As you may already know, Polka City will be a NFT, DeFi, and Polkadot-based platform which lets investors or crypto enthusiasts purchase a wide range of assets in a virtual city.How Polka City guarantee the best-in-class and interesting virtual investing experiences to its users and investors?In what way the investors earn decent returns on their investment?
Some Crypto Projects offer REFERRAL PROGRAM to incentivize their investors and users and on your Roadmap Q2 2021, I’ve read that you will release soon your Referral’s Platform. So may we know in advance the details of this and how will it works in your platform? Also what’s the process, I mean do we need to invest in order to receive the referral commission? If so, what’s the required minimum to invest and is the Referral System has no expiration?
What innovative ways does polka city think to add to the project to increase the value and price of its token..Based on the chart its price has dropped even over the past 24 hours..Does polka city have no plans to burn a part of its total token supply to increase value and price in the future?
How can your unique model of a virtual city might be implemented into real life one day? Any future suggestions?
If the price of POLC goes up the token in reward every week will low? Or the number of POLC still stable?
Are the rewards set and come in automatically if purchase a limo for example? Also, how easy is it to sell an asset once it has been bought?
I’ve heard that Polka City is designed and developed by high-powered team members that are knowledgeable in the blockchain and crypto space. So can you share here in Satoshi Club who are the people behind the creation of this great and unique project of yours? Also, about the whole Idea, what’s your inspirations and how’s the experience in developing PolkaCity?
Polka City is a NFT-based platform that uses the power of blockchain to enable investors to buy virtual assets in a virtual city. So may we know what are the several assets to choose on the Polka City platform? Also POLC is your native token and created on ERC20 while POLC ASSETS are created on ERC-721, we’re curious, may we ask what’s the reasons why are they created differently and what are their purposes in your platform?
I know that you are planning to create a mobile application. Tell us about its capabilities and do you pay attention to the application to consume as little gadget resources as possible? Perhaps the device should have some special functions?
If I understand correctly, the number of assets such as taxis and hotels is limited. Will it be possible to somehow participate in the life of the city without owning such assets? There are rich and poor in every city.Will I be able to catch pigeons for dinner while living under the bridge in Polka City and still receive financial assistance from the city?
when will the referral program work and what will be its essence? For what actions will the smoothing person receive a reward?
A very interesting concept of the game. Integration of the economic model of the real world. It reminds me of the game Monopoly. But in Monopoly the players lose their money. How is the gameplay in Polka City? I buy my business and own the rights to it, or is it just a lease (farming) ? Explain how it works
How many rounds of pre-sale do you have planned? Can we still get into the project at low prices and how many tokens are in the hands of investors now? By the way, are you selling only tokens, or is it already possible to buy NFT?
Why don’t you choose another network like polkadot or BSC?
because on the ethereum network we know that the current transaction fees are expensive.
Could you give me 2 or 3 key points to convince me and other angel investors invest in Your products in long-term?
The prosperity of the DeFi market this year is based on the underlying infrastructure and the improvement of AMM. In your opinion, has the prosperity of DeFi come to an end?
The prosperity of the DeFi market this year is based on the underlying infrastructure and the improvement of AMM. In your opinion, has the prosperity of DeFi come to an end?
you said Polkacity project aims to innovate NFT and DeFi worlds with stake-able 2D&3D digital assets (NFTs). did you mean we can staking NFT inside a NFT ? can you please explain about this stake-able 2D&3D digital assets, how does it work ?
i read that Polkacity Project have unique NFT feature name “Augmented NFTs” which we can see our NFT moving or walking in real life using our smartphone, its Amazing ! but can you explain more about this Augmented NFT system and what technology did you use ? do we possible to trade all these NFT with other user?
You have a referral program! In which countries and regions does it work? While living in Russia, can I receive a reward by inviting my referral friends from the USA, France, Germany and Ukraine?
Why did you choose for Polka City the concept of a city that actively offers us the services of “taxis”, “Energy Stations” and “services”? What is the history of the idea of creating such a project? How did you come to this?
One of Polkacity strategy says each asset will have it’s own earnings and in game bonuses making Polka City assets resemble those of a real city. What does this mean? How can your team assure users of virtual returns on asset investment.
How can you mantain your team so there’s no rug pull ? and how can you ensure that there will be no rug pull or scam at all on your project ?
Polkacity just launched their NFT platform where collectors can get digital virtual assets. As the website said, we just have to choose asset like taxi and get paid every week. What will be the assets job or usecase that gives the owners reward every week? Is it possible for users upgrade it to gain more?
The total supply is 250 mil POLCs.
If thousands of asset owners receive weekly passive income, will the total supply increase over time?
And vice versa!
If few people buy new assets, could Polkacity be left without any income from POLC?
How will you control this?
There are different kinds of assets in Polkacity NFT Platform available, like the taxi, energy station, and other services. But may I ask if this assets have different price and rewards according to what its role economically on Polka City?
In Polkacity tokenomics, the platform has token allocation of 200 million $POLC, on which 50 million was released from the beginning and the other 150 million POLC is locked and 25 million of it will be released every 3 months. When will you release the next 25 million tokens? Will it be released regardless of what is the performance and price of POLC in the market?
What are your major goals to achieve in the next 3-4 years? What are your plans to expand and gain more adoption? How do you elevate crypto participants’ understanding about project?
There are already many projects which works on scalability for Dapps with Layer 2 solution ! So, How Your project proroades an optimal solution than others?
How are the plans shaping up for marketing + building a strong, core community which is essential for any project in the crypto industry?
All information regarding the
ownership of the NFT will be automatically uploaded to the Blockchain, the records will show on
the Ethereum network with high traceability and transparency, that means all NFT transaction will use ETH and have
high fees, how did polkacity solved high gas fee that ETH have?
Many defi projects are now popping up, what is the advantage of this project over other defi competitors? Are there any plans to list on the best exchange such as Coinbase, Binance?
Can you give us some key points to convince us and other investors to invest and trust it?
How did Your project survive in during long bear market? What your team strategy to gain more adoption? Can you share us on recent achievement your team are most of?
what are the future plans for this site?